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From Montgomery.
[Special Correspondence of the Dispatch.]

Montgomery, Ala., May 19, 1861.
Congress will be ready to adjourn to-morrow, having completed the consideration of all matters necessary to the public welfare, and there remaining no subject for immediate action except the passage of some bills of appropriation already determined upon, which will occur on Monday or Tuesday, and the adjournment be consummated.

A considerable number of its members accepted an invitation to visit Pensacola, and on yesterday went down in the 2 o'clock train.

Companies of men continue to be added to the forces of Gen. Bragg, of whose designs nothing is known, though conjectures of an early fight are quite prevalent. Officers from his camp with whom I have conversed assure me that nothing definitely can be known.-- Their mere impression is that if any battle shall be fought at all at Fort Pickens, resulting from an attack by Bragg, it is certainly not now his intention to precipitate it.

The telegraph reports what is known partially to be a fact, that numerous privateer vessels organized under the act of Congress, are afloat in triumph on the waters of the Gulf and Atlantic, and that four or five prizes have been captured.

Visions of ocean shrouds and watery sepulchres for their rich goods, will hereafter haunt the sordid minds of the North, whilst the capture of the prize and division of the prey will deprive the enterprise of all regret and dread in the estimation of the brave followers, who, whether successful enough to be enriched by the proceeds of their operations or not, will in effect be fatal to the commerce of the North by an entire destruction of confidence in the safety and security of United States shipping. The tonnage of the Northern States alone is said to be nearly five millions, and the deadly blow struck the enterprising people of that section, (by the Privateering Act,) who had spread wide the white sails of their commerce, will not only paralyze their large trading marine, already helpless from want of protection, but will be the means of creating in a few months a strong, influential sentiment in favor of peace, and in the mean time, will kindly furnish the Navy of King Abraham with some less pleasant vocation than laying off at safe distances to witness the surrender of U. S. forts to State sovereignty, or prowling like midnight thieves around the harbors of the Southern coast.

The determination of the Government is to put in the most effective and fatal operation this system of ocean warfare, and in an incredibly short period. On every sea whose breezes bear or billows foam with the track of the Northern ships, armed vessels bearing the flag of the Confederate States will be straining with telescopic vision to catch the first speck of a Yankee's sail, until his home-returning and abroad-venturing barks shall be taught to cast anchor, and wait for the time when the flag of their nation may entitle them to the respect of brave men, who are resolved to fight with any and all weapons until peace shall be conquered and freedom secured.

The Government transport Jeff Davis came to this city on yesterday, laden with a great quantity of war munitions, including 4,000 hot shot, weighing fifty pounds each.

A large number of bomb shell arrived on Friday.

Quite a formidable supply of guns was sent by the Government to the border a few days ago. Montgomery.

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