New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-06-18

notwithstanding.
DERaSGEMENT OF THE CURRENCY.
The shiny asters and Confederate notes, which
form the only currency, rapidly falling of their
own weight, or rather of their own ghtness. No
edict viii be required to drive them out of crcIla
ton; many OF the people refuse them already. But
their worthlessness will cause suffering among the
poorer classes who have other representative OF
value. With salt at slO0 per sack, boots at $50
pair cotton goods - cents per yard, and other
articles in proportion, il is easy 10 see how greatly
the currency has been inflated. Money, such as 1t
is, is plenty, even if it does require IS IN PAPER TO
buy 81 in gold. ADJ
Found! Southern Ri2hts-vyhs Burns the
Cotton Hndig natiou and Distress Of the
PIanters-Prospects Of the Cotton Crop
Good Order and Good Feeling i'm
Memphis Miss Pcrdu-The Revival Of
Business-Hsw the Sugar md HIolasses
were Hiddcn-EG.rt Of the Wharf.-The
Newspapers.
From Our Special Correspondent.
Mrxpurs, "wednesday Evening. June II, 1862
FINDING THEIR RIGHTS.
Tie masses of this region, after rowing about for
year in search of their rights" begin to find them
in very unexpected quarer-tbe point from which
they started. They are good deal surprised at the
conclusion--like the man who spends hour looking
for lie hat, to find it, at last, upon his own head.
They learned that Secession poverty, anarchy,
despotism; they remember that Union was plenty,
stability, liberty.
have already mentioned one Of the most potent
causes Of this reac!ionthe Conscrption law. II Is
extremely odious among ali olasscs. Even the radi-
cal Rebel organ, The Menphi, Appeai, applied to 1t
LAM in, IN, NJ IN y
conscriptions, "That terrible Law which carried
grief 20 every home in France. and bathed every
woman face with tear.
TIE OVERWHELMING
IL producing tho same result. Let Il be distinctly
understood that this incendisrism 10 not committed
BY tho planters but in four on, OF five. against
their earnest expostuaiions, by bands OF soldiers
which the military authorities have detailed for the
purpose The enireaiies of the and the tears Of
the women are alike ailing against them.
heard planter las, even Z, who confessed he wss
an uncompromising Secessionst one year ago, swear
that he would bold the scoundrel' personally respon'
able who had just burned fifty bales for hin.
On the Arkansas shore, few DAYS ago, the cotton.
burners visited the house OF poor widow, who had
only niue bales. Nearly all the work of raising,
picking, and baliug 1t, was done by herself and her
son. After the crop was gathered, the Son joined
the Rebel army, and at Shiloh he was HI led. With
fearful owes the poor woman told the incendiarics
that che had given her only child TO die In their
cause and VIA left alone In the world, wan nothing
but that little store Of cotton TO Keep the VOL IRON
her door Her entrea,ies were unheeded; the torch
was applied 10 every pound Another widow III
similar circumstance, except that she has three
young children dependent upon her, obtained htte
mercy. She had only three bales; two were burned
one she was allowed to retain.
COTTON PROSPECTS.
Afars are 20 derangod that il is difficult 10 obtain
trustw orthy statistics IL is certain, however, that
much more corn and meal less cotton than usual,
were planted this year. Still many OF the planters,
while they Joined in the cry: Let US raise corn
instead OF cotton" meant il for their ncghbors in
stead OF themselves, and evaded the policy as fai AS
possible From one-iouIth 10 one-half IA much cot
ION wa. planted as in former years.
In the interior vi Mississippi, Alabama and Ar
kansas nearly all Of last years crop still remain
inc. besides = great deal which has been removed
there from along the river. Several persons repre-
,euting from five TO ten thousand bales, have visited
Commodore Davis, on behalf OF themselves and
their neighbors imploring military protection Bat
the most oft will doubtless be burned AS our armies
advance and the Rebels fall back.
Some OF the iire-eaters still entertain lingering
hone of European inieryenti0n-Of course for the
cake OF cotton. To induce this they propose TO BURN
last wears crop and 10 produce none this year. III
IL legitimate Secession iogic--the came which in-
yoked civil war TO strengthen and extend the nst-
tuition Of Slavery Still, at this stage Of the con.
,e, this wanton iucendIarism Is more the result OF
bailed rage, than OF any hope ior the future but
King Cotton is forever denuded OF his royal robes,
and stands
-" painted Joyc,
With idle ih.nder Ia his lited hand
QUIET IN MEMPHIS.
Memphis remains marvelously serene for a cap