Through the clouds of smoke we could see their sabres flashing as they rode between the guns, cutting down the gunners as they stood. We saw them riding through, returning, after breaking through a column of Russians, and scattering them like chaff, when the flank fire of the batteries on the hill swept them down. Wounded men and dismounted troopers flying towards us told the sad tale. At the very moment a regiment of Lancers was hurled upon their flank. Colonel Shewell, of the 8th Hussars, whose attention was drawn to them by Lieutenant Phillips, saw the danger, and rode his few men straight at them. It was as much as our Heavy Cavalry Brigade could do to cover the retreat of the miserable remnants of that band of heroes as they returned to the place they had so lately quitted in all the pride of life. At thirty-five minutes past eleven not a British soldier, except the dead and dying, was left in front of these Muscovite guns. The Heavy Cavalry, in columns of squadrons, moved slowly backwards, covering the retreat of the broken men. The ground was left covered with our men and with hundreds of Russians, and we could see the Cossacks busy searching the dead. Our infantry made a forward movement towards the redoubts after the cavalry came in, and the Russian infantry in advance slowly retired towards the gorge; at the same time the French cavalry pushed forward on their right, and held them in check, pushing out a line of skirmishers, and forcing them to withdraw their guns.

Captain Nolan was killed by the first shot fired, as he rode in advance of the first line. Lord Cardigan received a lance thrust through his clothes.

While the affair was going on, the French cavalry made a most brilliant charge at the battery on our left, and cut down the gunners; but they could not get off the guns, and had to retreat with the loss of two captains and fifty men killed and wounded out of their little force of 200 Chasseurs.

The Russians from the redoubt continued to harass us, and the First Division were ordered to lie down in two lines. The Fourth Division, covered by the rising ground, and two regiments of French infantry which had arrived in the valley, followed by artillery, moved onwards to operate on the Russian right, already threatened by the French cavalry. The Russians threw out skirmishers to meet the French skirmishers, and the French contented themselves with keeping their position. At eleven A.M., the Russians, feeling alarmed at our steady advance and at the symptoms of our intention to turn or cut off their right, retired from No. 1 redoubt, which was taken possession of by the allies. At fifteen minutes past eleven they abandoned redoubt No. 2, blowing up the magazine; and, as we still continued to advance, they blew up and abandoned No. 3 at forty-five minutes past eleven; but, to our great regret, we could not prevent their taking off seven out of nine guns in the works.

At forty-eight minutes past eleven, the Russian infantry began to retire, a portion crept up the hills behind the 1st redoubt, which still belonged to them. The artillery on the right of the First Division fired shot and rockets at the 1st redoubt, but could not do much good, nor could the heavy guns of the batteries near the town carry so far as to annoy the Russians. At twelve o'clock the greater portion of the French and English moved on, and an accession to the artillery was made by two French batteries, pushed on towards the front of our left. The First Division remained still in line along the route to Balaklava. From twelve to fifteen minutes passed, not a shot was fired on either side, but the Russians gathered up their forces towards the heights over the gorge, and, still keeping their cavalry on the plain, manœuvred in front on our right.

A HARMLESS ATTACK.

At twenty-eight minutes after twelve the allies again got into motion, with the exception of the First Division, which moved en échelon towards the opposite hills, keeping their right wing well before Balaklava. At forty minutes after twelve, Captain Calthorpe was sent by Lord Raglan with orders which altered the disposition of our front, for the French, at one P.M. showed further up on our left. As our object was solely to keep Balaklava, we had no desire to bring on a general engagement; and as the Russians would not advance, but kept their cavalry in front of the approach to the mountain passes, it became evident the action was over. The cannonade, which began again at a quarter-past twelve, and continued with very little effect, ceased altogether at a quarter-past one. The two armies retained their respective positions.

Lord Raglan continued on the hill-side all day, watching the enemy. It was dark ere he returned to his quarters. With the last gleam of day we could see the sheen of the enemy's lances in their old position in the valley; and their infantry gradually crowned the heights on their left, and occupied the road to the village which is beyond Balaklava to the southward. Our Guards were moving back, as I passed them, and the tired French and English were replaced by a French division, which marched down to the valley at five o'clock.

We had 13 officers killed or taken, 162 men killed or taken; 27 officers wounded, 224 men wounded. Total killed, wounded, and missing, 426. Horses, killed or missing, 394; horses wounded, 126; total, 520.