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on, which is still held by a large force of our cavalry, anticipating the advance of the enemy's cavalry, which had passed through Ringgold. All the bridges on the railroad between Tunnel Hill and Chattanooga have been burnt by the enemy, as well as the eating-house of Mr. Hilburn, at Catoosa Station. Every day brings matters to a more critical position, rendering the impending conflict so precarious that the grand battle of the revolution may begin at any moment.--Neither army, it would seem, is exactly in position to strike, and it may be some ten days yet before the grand conflict commences. The Yankee vandals have burnt the Trion Cotton Factory, five miles above Summerville, owned by Marsh & Algood, together with 2,700 bales of cotton. This was done by Yankee cavalry, supposed to be 3,000 strong. The latest intelligence, which we deem reliable, place Rosecrans, with 60,000 men, at Sand Mountain, Alabama. Our forces were in the right place to meet the enemy.