Evening star. [volume] (Washington, D.C.) 1854-1972, 1862-05-17
LATE FROM THE SOUTH.
HIGHLY IMPORTANT FROM MEMPHIS
ofthe CharIeston Couri

HIGHLY IMPORTANT FROM MEMPHIS.
Correspondence ofthe Charleston Courier.
MFNPHIs, April p, 1862 The occupation Of
Nv Orleans, OF course, opsns the mouth Of the
Mississippi, and Federal gun boats have already
started Up the river in chase Of one Of our escap-
ing steamers. They are looked for In the vicinity
Of Memphis within four days-a cont. urgency
which your correspondent will sagaciously anti
cipate bv "pegging QUIZ majority Of the resi-
dents Of the CITY will remain and take their
chances under Federal dominion. Those most
closely Identified with the Southern cause have
already gone, and by the end Of this week that
sterling paper, the Memphis Appeal, with its
hive Of workers. will have followed In the wake
The Avalanche will continue its publication.
Confederate money is refused here In dozens of
places and for small articles IL il imposs BILE to
make use of this class OF funds
Tennessee money Is at a premium Of from IS to
10 per cent. AT Nashville It 10 selling at the same
rate. Some Of the merchants have closed their
stores rather than sell their goods for
mOnsy, which they cannot use; and whenever IL
is accepted the surplus Of each Is being invested
IN real estate, jewelrS, plate and diamonds
Sugar las risen two cents and a half Those who
will remain in Memphis are generally the fnan-
Cial gray boards, whose property and pecuniary
interests are at stake; and they have been the rst
on the black list, at the approach Of danger, to
sound the alarm, produce panic, and discredit
the success q The Confederacy.
A large portion of the so-called sHoune Guardn
are among those who will tender their respects to
the Federal soldery. The ladies', as ever, are
true steel, together with hundreds of brave
men who cannot leave; but, besides these, the
fighting population being largely represented in
the held, few can be singled out with whom the
almighty dollar is not Of vastly more consequence
than the interests Of the Confederacy
All the specie Ct the Memphis banks Is in one
Of the French banks If New Orleans.
WHAT The Loss OF NORFOLK WILL DO FOR rHR
REsELLION-ANoTHER EVACUATION.
From Augusta (Ga. )Chronicle and Sentinel, Mays.
The Richmond Examiner gives us the an
nOuncement Of the evacuation Of Norfolk This
takes Us rather by surprise, and we hope u may
not De true, as the Examiner does not assert Il
positively End the Norfolk Day-Book, Of the
d:h, the day after the evacuation is said to have
commenced, makes no mention of it. The fact
that the telegraph brings no news Of the occur.
renee argues nothing, az nothing Of importance
comes "a the press through that medium II
Norfolk 10 evacuated. we think there 10 more
Involved than the consequences mentioned by the
Examiner.
WITH the exception Of New Orleans and Rich
mond, Il Is the most important city In the Confed-
eracV, and losing II we should be more crippled
tcaD by the loss Of any other city. Indeed, we
do not perceive how Richmond is to be defended
after Norfolk has fallen, the James river opened
10 the snemy's feet and Mcclellan and Burnside
permitted 70 unite their forces. The MerIimac
may not be lost by the loss Of Norfolk but her In
activity since her famous battle, leads US to think
tGat she was 50 badly Injured In the encounter as
10 be useless, except as scsrecrow. IT, however,
she is only held back by string OF sired tape'i
from Richmond, we may yet hear good tidings
Her may prove untrue.
THE HoPELEssXZss OF REBEL SUCCESS AT FORT
WRIGHT.
Correspondence Of the Charleston Courier1
MEMPHIS, Tenn, April 26.-The news from
Fort Wright Is encouraging only TO the extent
that We s.il brayely maintain the defense Tho
enemy have ten mortar boats and number Of
TTa1ipor From the former heavy firing IL un-
ceasingly kept up night and day. Thus far, the
only casualtie, are the less Of aIeg and ali arm
one Of the sufferers being aged citizen of the
neighbOrhOOd, who was present to furnish as
sisianCe 10 the disabled, IL II should be
required IL is reported, also, that we burst
one OF our mor.aTs The enemy are supposed
10 have burst three, the peculiarly Of the explo-
slOns az the sevsTsl times and the failure OF the
shells 70 appear in their accustomed places indi-
eating this probability. Since then only seven
mcrtar-boats have been In use. IL In nv own
impression that the fall OF Fort Wright is only
the work OF time, az was the case with Pulaski
and that the enemy are not prepared to take II
untl after the coming battle at Corinth Only
two 81 their gun boats remain, with the mortars
and the majority Of their troops have departed up
the Tennessee to Pittsburg.