The Daily Mississippi Clarion

We have no later news of the Memphis riot than that to which we referred yesterday morning. From the account in the Argus of Thursday morning, there is abundant evidence of the outbreak having been contemplated beforehand.

It is reported, says the Argus, that an hour or two before daylight yesterday morning, some two or three hundred of these unrestrained villains, after they had held a consultation of war, went to Fort Pickering and demanded their arms, which they had given up when mustered out of service. This request was of course refused them by the regulars who occupied the fort. They then retired, and about sunrise returned and threatened to charge the fort if they were not furnished with arms. The regulars again declined, and threatened to bring out six pieces of artillery and "turn loose" on them. This caused them to fall back to the ravine near the M and T. R. R. depot. With what arms they could collect, the negroes scattered all over South Memphis, determined, it is presumed, to make an attack upon the city, let consequences be just as might happen.

While the melee was going on upon Rayburn Avenue, there was the cry of "Look at the black flag" and sure enough, on the eminence near the depot, and in the midst of the black rascals, was a regular black flag upon a staff, supported and waved by a negro boy. This tended a great deal to inflame the already too much incensed populace, and it is probable that some more precious blood than that which had been shed during the morning would have been poured out in storming the heights, if Capt. Allen, 16th U. S. Infantry, the officer of the day, had not appeared on the hill near the fort, coming at double quick, followed by about twenty-five Regulars. The firing then ceased for a while, but on Capt. Allen's departure to get orders, the negroes re-commenced it, but Capt. Allen eventually returning drove the negroes into the fort at the point of the bayonet.

LATEST—Our Memphis exchanges of Friday reached us late yesterday evening, and report everything quiet Thursday morning.