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From Portsmouth. flag Presentation--Withdrawal of a candidate for Congress — Capture of active Yankee &c.&c. [Correspondence of the Richmond Dispatch.] Portsmouth, Oct. 21, 1861. On last Saturday the "Virginia Defenders," a volunteer company belonging to this place, received a flag from the ladies of the city.--The presentation speech was made by James Barron Hope, Esq. It was worthy his high reputation — classical, ornate, and eminently appropriate. It was received in behalf of the company by Lieut. J. H. Gaylee, whose address evinced fine abilities as a speaker. Samuel Mr. Wilson, Esq., in a card in this morning's paper, withdraws his name as a candidate for Congress. This will be regretted by a large number of the voters. It is regarded by many as very desirable that a reliable State- rights man should be secured at this time to take part in the councils of the next Congress — Such Mr. W. is known to be, while his fine talents, and his practical busine<