“Of course it is,” said the inspector. “Evidently Mr. Barnum, who thinks he is so sharp, does not know me--but I know him.” Then he dictated this answer to the despatch: Mr. Barnum's offer declined. Make it $7,000 or nothing. Chief BLUNT. “There. We shall not have to wait long for an answer. Mr. Barnum is not at home; he is in the telegraph office--it is his way when he has business on hand. Inside of three--” Done.--P. T. BARNUM. So interrupted the clicking telegraphic instrument. Before I could make a comment upon this extraordinary episode, the following despatch carried my thoughts into another and very distressing channel: BOLIVIA, N. Y., 12.50. Elephant arrived here from the south and passed through toward the forest at 11.50, dispersing a funeral on the way, and diminishing the mourners by two. Citizens fired some small cannon-balls into him, and then fled. Detective Burke and I arrived ten minutes later, from the north, but mistook some excavations for footprints, and so lost a good deal of time; but at last we struck the right trail and followed it to the woods. We then got down on our hands and knees and continued to keep a sharp eye on the track, and so shadowed it into the brush. Burke was in advance. Unfortunately the animal had stopped to rest; therefore, Burke having his head down, intent upon the track, butted up against the elephant's hind legs before he was aware of his vicinity. Burke instantly arose to his feet, seized the tail, and exclaimed joyfully, “I claim the re--” but got no further, for a single blow of the huge trunk laid the brave fellow's fragments low in death. I fled rearward, and the elephant turned and shadowed me to the edge of the wood, making tremendous speed, and I should inevitably have been lost, but that the remains of the funeral providentially intervened again and diverted his attention. I have just learned that nothing of that funeral is now left; but this is no loss, for there is abundance of material for another. Meantime, the elephant has disappeared again. MULROONEY, Detective. We heard no news except from the diligent and confident detectives scattered about New Jersey, Pennsylvania, Delaware, and Virginia--who were all following fresh and encouraging clues--until shortly after 2 P.M., when this telegram came: