Dispatches From Secretary Stanton

Washington. May 10 - l.üü J. m. To Ma.j. Gen. ]ix: 1 íorward ;s dfepatch lilis moment received írom (ion. .Butler. It tells the story. (Sigoed) E. M. STAXTOX. Headquarters, NK.in ) muua Lamdixu, May 'J. ) E. M. Stanton : O ni' operutions mny be suminod up in a véry íew vjórds. Witli 1,700 eavalry wt' have ad.vanced up the Pouiususola, íorded thü Chickuhominv, ar.d safely brnugtit tliem lo our present póMtion. Thesj vyero uoforud eavalry, and are nuw holding it positiou as o.r ailvaueu lowurd Kicnniónd. Gen. Kaut.,, vviiji o,()lil) cavah-y from gyffoTk, on tht; sa.nu day uith our lioyutnBBt up Ule James Uiver, í'oideil {fié Blac-.kWater and buinecl thé rV.il roa ij bridge at SloQey Kiidjie, lieluw Pcteiv burg, cütting in tvvo Beauregaid's iorers ut th it point, We have landed here, and éntrenched ourselves. We havo destroyed mauy u:iii's of raiirnad, and got a position which, vvilh proper sujiplien, wu cao hold against the whole oí' LeeV iriny. I have ordsred up the supptios. Beauregard with alargo por Lio ti of' bis cótníntmd, was luft souih oi the cLittiuy of' tbe railroad by öen, Khuiz. That portion ' whicri reaehed inuler [lili I have ihpped to-fia-, k líng and woundint: niariv añil tuking many prisojier.!, altor a nevero atíd wcíll eontested tiht. Lieut Gen. tírant wit 1 pot b Iroubled ith any further reiiifoi-ceiui-nts lo Lee Ircno Jsenureííard íoroes (Sigried) B. F. BUTLER. Iaj. Oen. Ci)imiïan(linj. Washington, May 10. To Gen. Dix: Dispnlches have beeu veceived 'his P M from Gen. Gvant, d-.ted at 1 o'eluck, yesterday. The enemy have made n stand at Spottsylvauia. There had been fome hurd tihtii.g, hut no general battle had taken plaC9. The arrny is represented to be n excellent cqndition and with ampie suppiies. - Gen. Kobinson and Gen. Monis are wounded. Nó ottier casualities to Federal dffieers ure repoited. (-ren. Wright lian been placed in conimand of Se.jy wick'H coips. Gun. Gi'ant did not design to renew the uttauk to dnv, being engagwd in replenishing from tbf supply train, so as to advaneo wiihout it,' (Signed) B. M. KTAN'TOX. The New York papers hay money is faflt getting to be a cjomplete drug, and at six per cent t is imposible to find euiployment for anvthing like the arnount of capital offerjng. A doeree jast issued by Víctor Emnnuel closes all Italian ports excepl k) cnses of stress of weather, ngüinst war vessela or privateers b(ïlontriii2 to a belligerent State having prizes with thm