The correspondent of the New York Herald at New Granada
has furnished his paper with accounts of the pitched battle fought on May 20th between the Nicaraguan Government and the inSurgents. The Government had thirteen hundred troops, and the rebels about one thousand. The latter, how- ever, held a strong position in a mountain-pass, and were well supported by field-guns. After two desperate attacks, the Government troops were beaten back with considerable loss, and the action is regarded as rendering further oppo- sition to the revolution hopeless. The President has, indeed, fled to Corinto "so as to be ready to leave the country as soon as he is finally convinced that his party cannot win." It is possible that the Revolutionists are being helped by Americans of the type of "Walker, the grey-eyed man of destiny," who once played so great a part in Nicaragua. In any case, the overthrow of the existing Government will be welcomed by the promoters of the Canal, which in spite of many jealousies will be made, and will immensely help to decrease the size of the world.