Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-06-23
L.aaEsraerrtsTIox mTHEurE

HIGHT AZ BuHNNa-@s
20 10 I'd .iua no tsfaite Information has
beea received in rersr3 20 tie battle Thieh
rosk plscs on last Monday and Tuesday q
Boopyirs. Missou7L ms S Louis Dsnoerah
ana d. R-sBileau, Of ae loh, publish infor-
nation which they received from third parties
az heir own partizsus, Of tie defeat OF The
STATE troops, " th a loss Of three hundred
killed. six hundred prisoners, sad fifteen hun
bred stand Of arms taken. The Slate Journal
q The 10 b contained a report, which We
attach. 90 the sG-ct that .he STATE troops had
been v.5torious, AID had taken General Ly'N
prisoner Tbs news wss received from a
pf-t Sbo bad cone down on the L0uisidna, a
boat sent down on The ls.h for
besvr guns. We are informed by aeeaasnan
who EFT 5. Louis on the svsaing OF the 18Th,
that On tbe maTuiug OF TIE Is b, about ore
o'clock, a d'spstcb uas received 30 the Office
Of The Demoe4ol, TO ths efsc. that LgoN hsd
been taken prisoner, out as mat paper Issued,
on The mex sfternoou, an extra, denying that
LYON bsa been taken, IT vss presumed by
some thst Jhe reading Of The dispatch was
merely q LINCOLN rick TO get ready sale for
the erird.
T. is very certain, however, tbat he federal
government has chsrss OF the telegraph line,
which now connects with the St. Louis ar
sensl. It is also certain that tie Republicans
were, on The evenjs Of tie 18Th, gr atty
troubled about something, and that a large
number Of troops were Immediately sent up
the river, and also many mattresses cad
csfias.
Why il is that The government rannot let
their telegraph give the people at s. Louis q
full and complete account Of the battle seems
s0nsvhat strange.
We have seen no denial Of the report that a
battle near Independence, Missouri, between
the citizens Of jackson comfy and the United
States regulars, resulted in the defeat Of the
latter, with a considerable loss.
The publisher Of ths Lexington Erprsss.
immadisfeiv from Jefferson City, reaorts 70 Us
positively that The J. C. SEoh s-rived from
Boonvilie ~ Jefferson CRY, yesterday after
noon, for heavy guns, wth which to aid tbe
federal forces, VITO had been defeated in an
engagement with the State troops, and as
cribed thsir defeat 10 the want Of heavy can
nor.
A Missouri river pilot was IN this Office one
hour nee, uh7 sfirms tina the City OF Lou
isisna cane To-Day 10 tie arsenal FOR heavy
guns; thar Lyons forces were cut 70 piece;
that Lyon wss taken prisoner; and that be,
LYON. has been taken 10 the South west for
safe custodr; and that the steamer Emily,
which eft Boonv We on The day Of the battle,
was under orders FOR tie transportation Of
SAFE troops from Brunswick, Glasgow and
Cambridge.
We give these facts or The authority Of the
pers0Bs named, and we have no d0E5t Of the
truth Of these s.-trmeDrs. We further give
permission 20 any disiufar-stad person 10 place
these facts unou orr buHsfin board snd we
allow me nieads OF tie y5aruai to quash our
fa'ss rumors
CThs rsp1rt is nsds on tbs psrs5nai a=tior-
itg Of Capt John Carroll
-
WAT Will THE asNEs ne!
The Nashville UHio1 vary forcsbly responds
to this query, BY saying that it is an important
one. when considered In connection with the
present struggle e tie Southern States for
their rights, Institutions, Independence and
very existence. The people Of the Confeder-
ate States are now bending evsTy energy and
every resource, and sTa ready 70 sscridee life
and property FOR the maintenance Of their in-
Dependence. Our brsvs volunteers are sub
jscdng themselves 70 en- The pfivatioBs Of
camp life, and 10 The dangers Of The battle
field for TIE support Of the declaration that
they viii be free. Our no led men
are lending their credit, their cash,
and their financial ability TO the main
tensnce Of ihe cause. Our planters are
subscribing their produce to furnish the re-
sources Of war. Shall the banks stand back
and refuse even &c credit the Government so far
as TO give circulation to its treasury notes?
Tie public are aware that a convention OF the
banks OF he South, which met az Atlanta, re-
solved to receive and say out the treasury
notes Of The Coife1srste States, and thus to
give to them universal circulation at par. The
banks wsfs not fully represented, and hence
It becomes 2 question whether ali oftbsm Will
ADOPT this patriotic step and ar once place The
Government on a firm financial footing.
Il the govern rsnt should b. crushed. tbers
is nothina more certain lhan that ihe banks
must 20 dows with &C.. All credit will tall il
the common ruin. Hence, aside from The duty
70 sustain The government, 10 is their interest
70 uph-id ifs credit, and insure it, success in
the crest struggle in which it is now engaged
Tee q frrsnt railroads Of he South, at 4 con-
ve3tion recently held at Chattanooga, resolved
on ibis pstriotic policy. There is 90 sacrifice
OF themselves involved 10 it. And, for hat
reason, it may The more easily be done.
The c nfsdsrsta notes are backed BY the
entire cotton and sugar crop Of he South.
They are better iutrinsicaliY than any non
specie paying bsnk. The policy, therefore, is
q very short sighted one that refuses 10 receive
these notes and pay them ont from their coun-
tiers. By SO doing hey viii render efficient aid
20 TIE G0vsremeut to whose protection they
are indebted Cor heir peculiar privileges.