DECEMBER 20th.—We have nothing new yet from Averill’s raiders; but it is said Gen. Lee has set a trap for them. From East Tennessee there is a report that a battle has taken place somewhere in that region, but with what result is not yet known.
There is much consternation among the Jews and other speculators here, who have put in substitutes and made money. They fear that their substitutes will be made liable by legislative action, and then the principals will be called for. Some have contributed money to prevent the passage of such a law, and others have spent money to get permission to leave the country. Messrs. Gilmer and Myers, lawyers, have their hands full.
The Confederate States Tax act of last session of Congress is a failure, in a great measure, in Virginia. It is said only 30,000 bushels of wheat have been received But the Governor of Alabama writes that over 5,000,000 pounds of bacon will be paid by that State.