Mr. F. W. Seward to Mr. Adams.
Further and signal successes have been achieved by the army in the Shenandoah valley under General Sheridan. Following up his victory at Opequan creek and Winchester by a vigorous pursuit of the enemy, he again attacked them on the 22d at Fisher’s Hill, and drove them from the position where they had intrenched themselves for a stand. This second victory was as complete in. its results as the preceding one. The enemy lost heavily in killed and wounded. Sixteen guns and several thousand prisoners were taken. At the latest advices from General Sheridan he was still pursuing the insurgents whose retreat is reported to be attended with disorder and demoralization.
These victories relieve northern Virginia from the presence of the insurgent, army, and Maryland and Pennsylvania from apprehensions of invasion. They may also be expected to have no small influence in determining the progress of military events in the vicinity of Petersburg and Richmond.
The increase of public confidence is illustrated by the heavy decline in the price of gold, which, during the past week, has fallen nearly thirty per cent.
I am, sir, your obedient servant,
Charles Francis Adams, &c., &c., &c.