28 MAY 1864, Page 1

From the Red River and Mississippi, there is bad, but

very confused, unintelligible news of General Banks's retreat and losses ; in Tennessee, General Sherman, after two days' fighting, has compelled General Joseph Johnstone to evacuate Dalton and Resaca, and retreat towards Rome, in Georgia, but with a loss of 3,000 killed and wounded. The gigantic nature of the contest can scarcely be better illustrated than by the fact that the Fede- rals have now three great armies, with intervals of about 500 miles between the two nearest to each other, and at least two isolated columns fighting their separate way in concert with the army of Virginia. It cannot be denied that the Confederates are displaying extraordinary resource in their resistance.