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From the Potomac.

The news from the army of the Potomac, so far as it has reference to the movements of troops, foreshadows the approach of some great event. As to the present and prospective position of the Southern forces, we need only say that everything has thus far been managed with consummate skill, and for a significant purpose. Complete mystery veils the intentions of our Generals, and we are consequently unable to lighten the public as to when or where a final stand will be made. Every rumor of ‘"falling back"’ (and such rumors were plentiful yesterday) seems to afflict some minds with ideas of retreat; but it should be remembered that the retirement of our troops from Fairfax previous to the battle of Manassas, was a strategic movement, which the ‘"grand army"’ learned to their sorrow. Since it has been announced that President Davis has left the city for Manassas, it can do no harm to say that he is now with our army on the Potomac for the purpose of making a personal inspection of matters. Gen. Wise accompanied him. Passengers who left Fairfax yesterday morning inform us that the Federals occupy Munson's Hill, where they were throwing up fortifications, but we have heard no estimate of their force. The belief was prevalent that a battle was close at hand. There is no doubt of the fact that the enemy can be accommodated with a fair fight in an open field, if he will only continue to advance.

Our latest advices represent at that the women and children were leaving Fairfax Court-House and that the Hessians were burning all the forest trees as they advanced, with a view to the development of any ‘"masked batteries."’ that might be concealed among them.

We have interesting information concerning our batteries on the Potomac, which it might be imprudent to divulge.

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Fairfax, Va. (Virginia, United States) (2)
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