Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1864-08-12

The Worlds Washington dispatch says
The rebel movement on the Upper Potomac
is feint to cover the sending Of reinforce.
ments to the support Of Hood, supposed to
be not less than 80 900 veterans from Lees
army. Much apprehension is felt in the mat
ter. The invasion panic has subsidized. 1t is
now believed that tie rebels on learning how
large a force was in their front gave up the
idea OF fighting and retreated into Virginia.
With the changes 10 commanders and the
present dispositions Of our forces it is impos-
sibe for the rebels to get into Pennsy lvania
without battle and odds on our side We
have a heavy cavalry force on the Upper Po-
tomac, and instead Of rebel invasion Of
Pennsylvania, we ave more likely to hear Of
a federal force marching up the Shenandoah
Valley.
By order Of the War Department Gen. Wal
lace ia placed IT, command Of the 9th corps
and Gen. Hunters force is relieved of AS
signment to Gen. Wright.
Gen, Kelley, in dispatch to Governor
Foreman Of West Virginia, on the 5th, says,
his forces we're attacked at New Creek on the
4th by McCausland and Johnston at 8 p. NJ.
The fight continued until long after dark
The rebels wero repulsed and during the
night retreated, leaving their killed and woun-
ded in our hands. The enemys loss was se-
we're. Ours was light, not over rs killed and
SO wounded.
A subsequent dispatch says the rebels were
severely repulsed and West Virginia is saved
from terrible scourge
The Heralds Washington dispatch says
Gen. Grant and staff have returned from the
Upper Potomac and started for City Point.
The Trbune's correspondent, writing from
in front Of Petersberg, says: The armies Of
the Potomac and James Rivers are 10 better
condition than ever before, and important
movements are on foot, from which you may
soon expect news.
The Steamer Fulton from Port Royal via
Fortress Monroe has arrived. She brings ex-
changed Union prisoners from Charleston.-
Gen. Blrney had made raid in Florida de-
stroying several bridges, capturing several
cars and a locomotive aud quantity of small
arms. We now hold Baldwin and Camp Mil
ton. A blockade runnsr ran into Charleston
on Wednesday night Out released officers
report that since they have been confined in
Charleston five blockade runners have run in.
The firing on Charleston and Fort Sumter
continues.
WAsHINGroE, Aug. g.
Acting commissioner Rollins, OF the Inter-
nal Revenue office, has decided that 7 80 bonds
and certificates Of Indebtedness are not inclu
ded in ,he term United states bonds, as de-
fined in the bank section of the revenue law,
but that the term nited States bonds is con-
fined Only to that class If securities known
AS registered and coupon bonds, Of various
dates and denominations, pay abie IN ten years
or more, though rede, mable Ia some cases in
less time, ana that only such securities can
De deducted from the capital of bank in de-
termlning the amount oft capital stock sub
iect to taxation. This is an important ques-
ton to banks subscribing to the new 80
loan. He has also decided that National
banks require licenses AS bankers qud must
procure them according to the amount OF their
capital.
Attorney General Bates has decided that
a collector or deputy collector is not entitled
to moety Of the fine assessed agaiust-a par
~ who is convicted Of the offence defined by
the ninth section Of the internal revenue act
of 1862. and his opinion is equally applica-
bic to the corresponding section of the act Of
1864, where the same provision with some adj
dition is re-enacted
Tailors, boot and shoe makers, and others
who manufacture partly to order and custom
work, and partly for general sale, must pay
five per cent. the same as other manufacturers.
Commission houses, selling goods on con-
signment, ari not to be regarded AS local
agents Of the manufacturer or producer of said
goods, and when the manufacturer makes
such u consignment the law requires him To
make return of the same, and pay duty on
the market value OF such goods at the place
OF manufacture or production.
In assessing tax upon soles Of lime, no de-
duc'ion l. to be made for barrels in which the
lime Is packed for sale, but the tax must be
computed for the gross amount of sales.
Information has been received hat Gen.
Averill, after overtaking the enemy at Moore
field attacked and utterly routed them, cap
turing between five hundred prisoners, in
GLIDING Gen. johnson, who subsequently es.
capped, and his whole staff with their head
quarters colurs and all the rebel artillery,
trains and large mber Of small arms
McClausland barely escaped by flying into
the mountains.
Gen. Averill pursued the scattered REM
ant Of the rebel force twenty four miles,
capturing many fugiuves. His entire loss 10
KILLED Is seven men. The pursuit was only
abandoned when Averills borses were too
exhausIed to follow the rebels into the noun
tains.
New YORK, Aug. g.
A private dispatch from Washington to-
day says our news through rebel sources is
all encouraging.
The capture of Mobile is confidently ex-
pected, and we le,rn from the front that great
excitement exists among the rebels, both at
Richmond and Atlanta.
Military men here say Sherman will I'M
doubleday take advantage OF the confusion of
the rebels, and we look for accounts of a bat
tie at any moment. Ayerill's victory in Vir-
gnia is confirmed.
Gold 1888 l2. The Commercials Wash.
ington dispatch says there is great exulta-
ton at the Navy Department over the news
at Mobile.
The Tennessee was supposed to be the
most powerful ram in the world. The sink
ing of the Tecumseh is entirely discredited.
LoUIsIANA.-The fret two articles of the
Constitution adopted by the Constitutional
Convention of Louisiana, and to be submit
ted to the people, are as follows:
Art SlavatN and