• The American news of the week is of little
interest, but it seems clear that General Sherman has reached Vicksburg without material loss, that Kilpatrick effected little of moment in his raid towards Richmond, and that the Confederates are threatening some movement unknown in the direction of Ohio. The Repub- lican legislatures of the States are pronouncing generally for the re-election of Mr. Lincoln, and his most formidable adversary, Mr. Chase, has retired from the field, assigning as his reason the pre- ference of the Union members of the Ohio Legislature for another candidate. It must be remembered that the rejection of Mr. Lincoln would not only cause a change of policy of more or less moment, but a wide alteration in the personnel of all departments, which occurring during war, might throw the whole machine out of gear. General Grant declines to be nominated, and the Republicans have, therefore, no candidate except Mr. Lincoln. The proceedings of the Convention which will be called on some day in June may, however, upset all calculations. The Democratic party have as yet no candidate, but their chiefs are trying hard to arouse some enthusiasm for General M'Clellan.