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Tennessee Legislature arrived there from Nashville, and were to meet on the following day to discuss the present state of affairs in that State. The people were rapidly arriving at Memphis from Nashville, and congregating in large numbers. All the gold and silver that could be got hold of had been moved to Memphis. A panic of colossal dimensions had seized the rebels. State and Confederate scrip was of no value whatever. There were only 3,000 rebel troops at New Madrid under Colonel Gunter. Earthworks had been erected a short distance below New Madrid. Jeff. Thompson held no command there. St. Louis, Feb. 24 --A special dispatch from Cairo to the Democrat says: "The latest intelligence from the Cumberland river is that General Buell's forces occupy Nashville, and that Governor Harris has called in all the Tennessee troops; and that a strong reaction has occurred among the people." St. Louis, Feb. 24. --Cairo dispatches say that the