The New York herald., 1863-05-15

New York. Friday, May Is, 1868.
THE SITUATION.
No recent movements are reported from Gen.
Hooker's army on the Rsppahannock.
All sort Of rumors were flying around yesterday
concerning General Mcclellan and his future pros
poets, each one about as vague as the other. It
was said that he had resigned his commission; that
the President refused. to accept his resignation;
again. that he was about to be placed once more at
the head of the army and report went 30 far as to
say that he had actually been recalled to his
old position. One paper in the city even issued
m extra announcing the fact that the President
had placed him in command of the Army of the
Potomac, under the heading of-"Highly Impor.
tant Report-General Mcclellan appointed to the
command of the Potomac army" No little ex-
out the city. With regard to the first report
touching the Generals resignation it will be seen
that he gave it q fat and positive contradiction
during the interview with the Washington Com
mittee at General McClellan's residence yesterday.
All the other stories may probably follow in the
same train.
BY kilograms from vicksburg TO the Charleston
Courier we have news from there to the 9Th inst,
Our troops are reported as landing at Young's
Point. No recent engagements are said to
have taken place with General Grants army,
although we had intelligence Of o very decisive
action at Clinton ON the 9Th, which we received
from Cairo the night before last. Our latest &C.
counts from the extreme front of General Grants
army are to the 9Th inst At that time the ad.
vance was within fifteen miles of Edwards Station,
which is eighteen miles east from vicksburg on
the railroad, the army being eighteen miles from
Grand Gulf, encamped near the Big Black river.
1t Ia doubtful whether the story of the battle at
Clinton s true as the last accounts state nothing
about It.
The rebel privateers appear to be operating as
faf South as the equator. The ship Antelope,
which arrived at this port yesterday from Calcut-
ta, reports through her commander, Capt. Laven.
North and longitude twenty.nine degrees thirty
one minutes West, he spoke the British ship victo
~, from Caao, and that the captain reported that
on April 10, when ten miles south of the equator,
at daylight, he saw vessel to windward. An
officer came on board from her and reported the
ship as the United States steamer Iroquois He
was anxious to know If any American ships had
been seen by the Victory. There was then ship
in sight to the south-southwest. The officer went
on board his ship and che steamed towards the
other vessel At seven that evening the captain
Of the Victory saw the ship on fire. He stated
that he concluded from the first that the steamer
was q privatser. She was bark rugged, mounted
seven guns and had shield figure head.
There is nothing going on at Newborn. All is
quiet in that department.
We publish to-day the first two days proceed.
ings Of the military inquiry into the cause Of the
death Of Lieutenant Colonel Kimball, Ninth New
York Volunteers. The testimony SO far appears
to show that the first statements of this melancholy
case wero substantially correct as regards the
action Of General Corcoran, and the conduct of
che deceased, who It is proved was not on duty at
the time Of the occurrence.
The case Of Mr.. vallandigham is said 10 be set
tied by the President disapproving the sentence
OF the Court, which was ratified by General Burn
side, and changing IL from two years imprison
ment at Tortugas, to banishment from the North
ern States.
EUROPEAN NEWS.
The steamship America, from Queenstown on the
Sd OF May. reached Halifax yesterday morning on
her voyage to Boston, at which port she will be
due at an early hour on Saturday Her news Is two
days later than the advices Of the Bohemian.
Our reports from England are Of a more paeifc
character.
, The case Of the alleged privatcer Alexandra was
Get down among the first for trial in the Cour, Of
Exchcquer Westminster, London. before special
jury. II was reported that Union agent, versel
In mara,ime law, would be despatched TO Lond on
20 assist Mr.. Adams with his advice towards an
early settlement of all cases arising between the
two countries in conse quence Of seizures or
searches at sea.
The London Times cautions the British public
who sympaNhize with the Union not TO favor the
establishment Of precedent for the search OF
neutral vessels at sea. which may be ultimately
qsed TO "harass" English commerce In all parts
of tpe world. The London Times adds that II
american writer's or speakers are to be trusted.
England will have TO call all the weapons she
may possess" into play before long.
Consols closed in London. on the I'd OF MAY. At
PsX o 93H. The market was very firm AFTER
pfncisl hours. The LIVERPOOL cotton market wss