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"Cotton and gold are about the same thing just now; and with the large cargo on board of the West Wind, which I induced my friends to contribute to the good cause, and that in the hold of the Tallahatchie, I was confident that I could purchase the Kilmarnock, which you say is good for eighteen knots an hour.

We have seen already how the River War of '89 ended in a double failure of the Federal advance on Vicksburg: how Grant and Sherman, aided by the flanking force from Helena in Arkansas, failed to catch Pemberton along the Tallahatchie; and then how Sherman alone, moving down the Mississippi, was defeated by Pemberton at Chickasaw Bayou, just outside of Vicksburg.

We reached Wyatt on the 2d day of December without the least opposition, and there learned that Pemberton's whole army had fallen back to the Yalabusha near Grenada, in a great measure by reason of the exaggerated reports concerning the Helena force, which had reached Charleston; and some of General Hovey's cavalry, under General Washburn, having struck the railroad in the neighborhood of Coffeeville, naturally alarmed General Pemberton for the safety of his communications, and made him let go his Tallahatchie line with all the forts which he had built at great cost in labor.

Halleck on the same day, the 5th of December, directed me not to attempt to hold the country south of the Tallahatchie, but to collect 25,000 troops at Memphis by the 20th for the Vicksburg expedition. I sent Sherman with two divisions at once, informed the general-in-chief of the fact, and asked whether I should command the expedition down the river myself or send Sherman.

Yet this canal will be most useful as the way to convey coals and supplies to a fleet that should navigate the lower reach of the Mississippi between Vicksburg and the Red River. Seventh. The chief reason for operating solely by water was the season of the year and high water in the Tallahatchie and Yalabusha Rivers.

There was great activity on deck near the stern of the Tallahatchie, and her commander must have been at least hopeful that the steering apparatus could be restored to some degree of efficiency. In the meantime he could not bring his broadside guns to bear on the Bellevite for he was unable to come about.

As soon as I heard of the movement, I dispatched a force to the southeast by way of diversion, and am satisfied that the enemy's infantry and artillery fell back in consequence behind the Tallahatchie. The weather is very hot, country very dry, and dust as bad as possible. I hold my two divisions ready, with their original complement of transportation, for field service.

The Tallahatchie started her screw as soon as she had discharged her gun, and resumed her former course, the Bellevite doing the same. If the loyal ship had not promptly altered her course, the projectile would have raked her, and must have inflicted much greater injury in the spars and rigging.

"Quarter!" shouted these men, and the same cry came from the other parts of the deck. "Haul down the flag, Mr. Brookfield!" said the commander in a feeble tone. The first lieutenant of the Tallahatchie, with his handkerchief tied around his leg, directed a wounded quartermaster to strike the colors, and three tremendous cheers from the victorious crew of the Bellevite rent the air.

The surrender of Holly Springs was most reprehensible and showed either the disloyalty of Colonel Murphy to the cause which he professed to serve, or gross cowardice. After the war was over I read from the diary of a lady who accompanied General Pemberton in his retreat from the Tallahatchie, that the retreat was almost a panic.