, 1864-05-30
ERGGF WASHINGTON,
lFrom our Regula. Correspondent

EAVWk " VNt
From our Regula. cor1espondentl
WAsu1SoToy, Msy Is, 1854.
) TIE POTOMAC AENT-THE SITUATION.
At this Distance from the army 1t Is iInpos-
sible TO always give perfectly correct view
of the Eituatiou, on account Of the rapid
changes Of position of both armies, and also
on account Of tie errors into which CORES
pondcnts, and even military men from the
field, arc apt to fall, In detailing movements.
Thus, in my Lust. !, stated that Lee, having
discoyere. that Gen. Grant was intending to
make flank movement, fell back some time
teforc the latter had put his ssm7 in motion,
and thereby gained new defensive position,
probably on the North Anna Later aud
more reliable news from the front, In the
mcsntimc, has led nc to change .mJ views.
1t WEE Gen Grnnt Who had the start of Lee,
and By mastery fciot led the latter to be-
lieve he was tctrcatinE on bis base, TINT Is,
in the direction of Fredericksburg. To en-
courage such IN idea; our trooTs allowed
1aain in front Of Lees position, while the
army marched cr. to the 1cft, toward Gnt
rey's Staten und Bowling Green. 1t
wns necessary 10 Gen. Grant to have
some hours the start of Gc1. Lee, as
we hid to move On the circumference Of ..
circle, while the rebel General could move IN
@ strai.kt line, intcrsectiDS Its centre. Lee,
loo late, found out his mistake and imneli-
ate]y ect OF in hot haste to intercept the
Union army Els advance guard probably
it wes which came up With our advance near
jericho Ford, point on the North aura
about seven miles cast Of Beaver Dam, on the
Virginia Central Railroad. Here tue rebels.
attacked cur troops iu strong force, but were
REFUSED with great loss BY portiuns ol the
! 5tb upd 9Th corps. Graut would hare reach-
| cd Ills o{nt much sooner, butit must be re-
| nic,nteIG3 thut lie is MARCHING through i hos
| tile country, and TINS con'priied to move in
! cG1n| get force, In order to have his troops
! well in hatd, ard rr2d} to relcl aug attack
| that the rtbcls supposed Gen tirant had re.
! 1rcatld, Iur tie Eit.1Eon0 papers go state
! Liter ueIs from Gcl. Grant states taat Lea
had fallen buck fran the North Anna aud that
our forces ~ re In pursuit. TLls would uu-
! cover the Virstnu Central Rail1cad, and give
to Gorlonssiile, very important matter, a.
Gur6onsyiile has always been leading depot
ofsupFlIce to the rebels. The next defensive
lire or the rebels il the. South Anna
/ ald pan,uDly; but The flank movement
i OF General Grant appears to hevc given
1 Ili4 lEE EGIAEt1 UL Lie iI-lu
! ldcnu ord TaiIrosd, the rc53ls being several
miles to tie G-stWardeof It. Tnis mist
! Prove great lues and q Euurce OF much EN-
bh1lasEE.ent to Lee, uEd will aid Gen. Grant
very materially In lis future operations. lie
mey now put lint road III running order to
| FroleIicktEur-., or select uHy Other base on
the Harpahanuock {say Port Royal, o. Ur-
/ b3nu), below fredericksburg, which he may
! .blnE proper. Further ne1s from the array
Is locked fer with grtat laterest, is at an /
moment aIusLer deaI':rst: ED biooiy battle
1nay lake plcce betNTeen the coEtendsng ar
mics, 1t must he Remembered, no .e7cr,
that n6 Lee approaches Richmond With his
army comparatively intact, he cau mass his
troops more effectively, By drawing those uu.
der Ecaarrgurd, Grecisiaritge AID others, to
Lis support, for Tic purr1so Of striking q
heavy blow, and then returning them to theii
former pCsl!!ous.
IN The meantime, the hundred day troops
ere coming forward here in large numbers
they ETC generally placed iu the lortidca;ion.
around TIC city, thus relieving 4 large fore;
OF veteran troops, who are Immediately dis
patched to the .roat- So that tic process q
Concentration goes forward steadily AID Il
Lee can nOve, su can Grant, and II Is elsil s
eetn that the resources of the latter are ia
mere amplc than those Of the former. l
Gun. Butler EG6 bcc1 rcpul52d, he n2verthe
Ices H. cps q }uree rebel force fully employed
in defending the south side Of Richmond.
WEAT TIE REBEL rEIsoSE2SsAT.
: The retcl prisoners taktn In the last battlc!
sny that those battles .:er3,the most sever,
OF, Tic war; that our troops nev1r helor,
: fought 60 well, marching up to the rebel en-
I trcnchncnte without fa!tersng. They thinl
| Lee very greut general, but that lie has n,e
hie match III Gen. Grant. They ndd that tht
camIn;gu wiz close the war; for they 81,
that II GrnntIs defeated VIC will give it up
ard that il Lee is defeated they Will give /
| 1a,H her fn1H fh1f yra Il
feutcd, VIC will reinforce anu trJ 1t again
. they slnEe their heads incte1uloasly.
FORGERY or OFFICIAL DOCUMENTS.
. Mr.. Arnold hes introduced 4 resolution
that tic judiciary Committee inquire into tn
expedicncy OF reporting ts}l for the pun-
ishEent ot forgery Of official documents
) There Is now no existing United States stat
ute for tie punishment Of such cases Q
. forgery as thar Of the Use Of tic names Of th
r President aud Secretary Of State in tho cas-
of tic late bogus proclamation Stii1 tn
evil effects Of such forgery areincompAra
bly, greater than these caused by the ordlnar,,
forgery OF p"rsoa's signature by whic?
mcEeJ Is fe!oniorsly obtained
HOW STATE BANKS UTT9E MONEY MARKET
The State banks not only ylnt the none:
market BY their ci.culatian,, but also by thei
deposits. They ha'k on the latter, alnos
altogether, fu many cesss, and th
protuces great appreciation in stocks AMI
otEcr eecIyi'ies. TEry a!eo .sc The u S cur
rency now, MS they formerly did gold aud sill
YER They rake it tbeir inactive vhtle the,
use thciHown bills as their active capital
|, This is one great reason wh% they look upo1
Enn who asks them for q. s. currency, a
they formerly did on q man who asked 10
gold and Silver. They CONSIDER him an enc
, my. T:ke Il c New York Banks fn June, 1861
tie deposits Of these banks throughout ta
State were S1o6,ai5, OF.
t. T,,,-
In June. JEf2, 1heT were ..s.i17,1 !:
Ard in March, 1:G. (thc last zcsurns)
J they were ----.------.-.---~-.--- -. s11,e6a =
The next June returns will probably sh6s
not less than SSH ,0o0, Co OF deposits IN til
:. >bepEs Of the State Of New York alone. Not
the total Inactive assets OF these banks i
only little over t1ffy-1ve millions. while Ii
, lna1,s Of the city Of New York are ncarj
: SEQ, eco, 0e0; showing that these banks 4
en pctiyc bus!ncss upon their deposits, t.. Il
! Coa1lue the circulation to the United State
ortl tic notes Of the National Banks, an
this extraordinary g}ut Of money, which
dcprcciating tho currency, costing shs. Coz
trI1nent tens OF millions Of additional hcar
. 10 carry on thc war; and raIsing tue ya!ae
? height, Will be greatly checked.
~ IN Affecting scEHs.
Yesterday as the severely wo1rdc
were hring transferred from the steam
) ;c1s to the different anbul1nccs,
lady from Michigan was observed looi1r
i anzio 1sly around TO ascertain II either Of b
It soLs were among he number. Presently 81
; recognized one of hor seDs among the throu
/ HosWas seated on q coffin, end his arm al
= penrcd to he-shot off Jgss above the wris
4 4 q Where ia CharIcs:" sud the anxious 1areu
! Willie Ter countcpancc expressed the ayo2
q Of Intense suspense ard ncr voice could On
y Gnd chokcd uttersnce. "In tlls mother,
eaid the wounded man, pointing to the coft
i on Which he sat. The SCENE was he.rt.rc1
= inE.s The lady has also another brave boy
4 tic army.
FROM ST, LOUIS.
TroRbGc with hGucri!&as-EEnr for aoiur
ticr-DfHs.rrnlnE tho Fasvi,a.vs;-Es.
c utlcal 4gflntioH-k F3cEfe3!an Ten
4 pCsl-SaEIenry Fair 31atter%. Etc
e From Our Special CoTrespondent1
t ST. LOUIS, Mzy es, 1874.