Memphis Daily Appeal

The Impending Battle at Corinth.—The whole North is hourly expecting a great battle at Corinth. All accounts represent one as being imminent, and active preparations are being made on both sides with desperate earnestness.

A correspondent writes from the Federal army:

Before another week closes Corinth will probably be won or lost, the two great armies of the South and West again meet together, and Halleck conquer Beauregard or Beauregard conquer Halleck. These two generals, who, so far, have proved themselves the best on their respective sides, will, in a few days, meet where merit is best tested—on the field of conflict. The coming contest will be one of terrible interest. The Union army is in a position from which it cannot retreat. Opposed to our army is the best talent and the finest soldiers in the Confederate service. They are well disciplined and thoroughly armed, facts which the late engagement abundantly proved. Their leaders are Beauregard, Hardee, Bragg, Polk, Boyd and Breckinridge, the four former military strategists of the first order.

Preparations go steadily forward here and the troops daily advance. Some of the divisions now are posted within a mile of the rebel pickets. Numbers of new batteries and fresh soldiers have arrived, and evidently before another week the fate of Corinth will be decided.