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From the Army of the Potomac.

Grant Preparing for the Greatest Contest of the War.


Good Prospects for Successes to Our Arms.

Red River Blockaded by the Rebels.

Arrest of the Author of the Bogus Proclamation.

&c., &c., &c.

PHILADELPHIA, May 20. — A special from Washington to the Bulletin says that the Star states the skirmishes in Grant's army for the last few days have been in our favor.

A battle is imminent. The rebels confess a want of supplies.

A large number of rebel prisoners were taken in the battle on Wednesday.

[Special to the Commercial]

WASHINGTON, May 20. — Officers and civilians who are constantly coming in from the front, say that the Union troops regard success as a duty, and that they were intent on revenging the many outrages by the vindictive foe.

The volunteer surgeons who were summoned to Fredericksburg to attend to our wounded, are returning to the city and report that the sick are all well cared for, and rapidly recovering.

[Special to Post.]

WASHINGTON, May 20. — Although there was no heavy fighting yesterday morning between the two armies in Virginia, it is known that Gen. Grant is preparing for the greatest contest of the war.

It is said the tax bill in the form given it by the fiancé committee of the senate does not meet the active approbation of Mr. Chase.