AMERICA.

Otago Daily Times, Issue 139, 26 April 1862, Page 3

AMERICA.

CAPTURE OP ROANOKE ISLAND, AND DESTRUCTION OF THE CONFEDERATE FLEET.

■ General Bnrnside's expedition has captured Roanoke Island, destroyed the fleet, and occupied Elizai eth city, after a severe fight, with the loss of 1000 men on each side. The Federal troops in Tennesses have hoinharded and capturedFortHenry,seizedjthe bridge across the river, and cut off the main communication between Memphis and Columbus. Fort Donaldson is about to be attacked, and it is rumoured that the Confederates have evacuated Bowling Green. Great consternation prevails, in consequence of these reverses being considered very serious. The House of Representatives have passed a bill making. States notes a leg? 1 tender, and the Senate a bill for the - issue of demand notes for ten million dollars. The Tax Bill is nearly completed. Most of the articles of general consumption are to be moderately taxed. The Federal forces are being concentrated in Missouri for combined . operations against General Price. The American Government declares the closing of Charleston Harbour to be only temporary. The armies on the Potomac are still motionless. General Beauregard has been appointed commander of the Confederate army in Kentucky. A telegram from Madrid, dated 25th February, states that the captain of the Sumter has been arrested at Tangiers, at the instance of the American Consul at Gibraltar and of the commander of the Tuscarora, who went for that purpose to Tangiers. The Neiv Yerk Times considers the admission of the Sumter at Gibraltar as a gross wrong to America, and says the rights of the Sumter under the protection of neutrality were void, after the burning of the vessels she attacked. The actual expenditure of the Federal States upon their land and sea forces is at a rate of 162 millions sterling a year, and it is calculated that the two sections of the Union must be spending between them nearly one million sterling a day. The Southern journals now take a gloomy view of the Confederate cause, and inveigh bitterly against the despotism of Mr. Davis.