Battle On the Rio Grande

 TOO Mexicans killed and { E xx01x4adA1I r St E
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By the arrival of the New York at New Orleans we have the cheering news lha Point Isabel is safe, and that there has been brilliant engagement between the Amer jeans and Mexicans, in which the former were victorious.

 The news ofthe battle was taken to Mo bile by express and thence came by mail.

 The honor of the American arms has been fully vindicated, and all the fears for Gen. Taylor have been relieved.

 The following report is from Capt. Walk CT, of the Texian Rangers, who arrived, May 9th, at P. M., from the entrench- ments opposite Matamoros. An engage ment had taken place between the United States and Mexican forces. Gen. Taylor on the evening of the 3d made a sortie, with a detachment of troops, for the purpose of opening a communication between Point Isabel and the entfenchment. On the mor- ming of the 9th inst, the MexicanS taking advantage of his absence at daylight open ed heavy cannonade on the entrenchment which was gallantly returned by the U. s. Troops, and in 30 minutes siienced the ene- mics, batteries, reducing the city of Mata- mOrOS to ashes.

 The slaughter among the Mexicans was tremendous upwards of 700 lay dead on the field of battle, and the number of houses left standing in Matamoros was not suffi- cient to accommodate the wounded. Maj. Ringold of the Artillery, commanded the American camp during the engagement.

 The Mexicans in and about Matamoros were 600, and reinforcements daily expec- ted. Gen. Taylor left Point Isabel on the 6ih inst. with troops to open communica- tion between Point Isabel and the army op- posite Matamoros, which has been for some days cut of.

 All the Mexican ports have been ordered 10 be blockaded, and all means taken to make an early and speedy settlement desi- erable by Mexico.