The news from America has not been of the first-rate
importance which the telegraph of Sunday first led us to expect. The battle in Missouri appears to have been a less serious affair than the first accounts represented it, though it cost the Federalists a General and about 200 lives. The loss of the Confederates appears to have been still greater. From Washington we hear of a very questionable amount of financial success in the critical matter of the loan. Mr. Chase will get 10,000,0001. before October, and afterwards—what- ever the banks choose to vouchsafe. Probably mach will depend on the operations of General McClellan. Desertions and mutinies are still reported of serious magnitude in the Federal camp, but are repressed with much judgment and energy. Of the Confederates we have no authentic information of very recent date.
