The day book. [volume] (Norfolk, Va.) 1857-1867, 1860-02-04
THE DAY BOOK.
from the New York Herald Of Thursdoy.]
TIE Effect of the Anti-Slavery
Crusade on Property and Com
suepce at the n Orfh

TIE Effect of the Anti Slavery
Crusade on Property and Com
merce at the North.
The effect OF the anti slavery crusade OF
the last Twenty-Five years, which is now
reaching its eliminating point, will be to
ruin the property and commerce of the
North Already the work of destruction is
LcguR. The correspondence of our Special
Reporter in North Carolina, which we pub
lished on Saturday last, demonstrates this
TACT. he says that Massachusetts alone
sends 81 100000 worth of shoes into that
State annually, but that the probability is,
even it there should be no secession and no
blows, not half that amount will be taken
next year, and the demand for other articles
will diminish in the same ratio, whether
there be disunion or not. The truth is that
the Southern States are now put upon their
mettle, and their pride will not permit them
to reccdc, even if it were for their advan-
tage. 1t is like throwing the British taxed
tea into Boston harbor at the time ofthe first
revolution; aud the universal understanding
which there was to drink none of that beV-
erage, rather than receive it from England.
The same patriotic sentiments prompted our
Revolutionary fathers to rejoice in the
planest garb OF homespun, rather than wear
the costliest and finest raiment Being of Eng
fish manufacture. The same is nov done in
the southern otatej.
The South regards New England, at this
moment, very much in the same light that
New England regarded Old England about
the ear IT'S. The South regards New
Eng gland as its enemy and oppressor, and it
is determined to fight it first in war of
trade and commerce, and afterwards, If ne-
cessary, with gunpOwder, the rifle, the bay
onct and cannon. Old England, with her
vast resources, did not brighten the Colonies,
nor can the fanatics of the North, with their
boast of eighteen millions of invaders, scare
the south into submission to tyranny
"North Carolina" says our correspondent,
sis determined to strike blow at New Eng
land which will be felt, and she is able to do
it. Acts OF unmistakable hostility may be
looked for at any moment" Southern cap
ita!ists and manufacturers, taking advan-
tagc of the times, will fan the flame, and
establish native factories in every State
Cotton, woOllen, iron and leather will be
wrought in every shape and form, and the
South will soon establish its independence of
the North as completely as if wall OF brass
were built up to heaven on Masons and Dix
on's line.
New England will feel the effects OF her
folly most; but New York and Pennsylvan
will also reap the bitter fruits OF tue iDjus-
tice to the South which is now being perpe-
Unless a war should prematurely precipitate
the coming calamity, it will take some time
to accomplish the complete destruction of
Northern commerce. But it ;wil sink, day
by day, and hour by hour The railroads
will soon eel it. The shipping interest ca
gagged in the carrying trade OF the South,
three fourths of which is Northern, will feel
it. Real estate in New York will not bring
twenty five cents on the dollar of its present
value. Stocks will be deprecated, and every
interest will sutier. The South will build its
own ships and carry its own merchandise;
and till that can be achieved, english, French
and other foreign bottoms will obtain pref
erence over those OF Yankeedom. Thus will
manufactures and commerce receive new
and mighty impetus at the South, and its
vast resources become so developed in
q lew years as to dazzle the world; while
on the other hand, the commerce and
prosperity Of the North will rapidly fall,
and the population, from wealth and pros
perity, sink into poverty and decay. Other
great republics have fallen by their FOLLY and
their crimes. Let not the Northern states
be too confident that they may not soon
share the same fate. The destiny Of the
North hangs on the will of the South. Our
statesmen have often said that by Az act of
Congress refusing to sell England cotton,
that country could be ruined and driven to
revolution in six months By refusal OF
the South to sell cotton to the Northern
States the same effect would be produced
here. And to this complexion it will come
at last, unless the gulf that now yawns be-
tween North and South is speedily bridged
over by returning to the principles on which
this government was founded, and giving
the South the same verge and scope tor Its
institutions which the Northern States claim
for theirs.
There are many who think the present ex-
element will pass over, like former dangers,
without any injurious results. But the pre-
sent crisis is different from all that have gone
before it. Its prantical nature in the South
brings home torcibly the feelings, sentiments
and acts of the American Revolutionists OF
eighty five years ago; and those who wait to
see it pass away may find themselves,at last,
in the predicament of the clown who, stand
ing on the brink of the Mississippi, TAR from
any bridge, waited to see the river How away,
and its bed become dry, in order that he
might cross to the other side. The hing OF
Floods continued to flow and will How Tor
ever; and so will the present revolution roll
on in an impetuous current, and prevent all
intercourse from either side, unless, by the
hearty good will and cooperation OF North
and South, the mighty stream is bridged or
diverted from its channel, as, in the remote
ages Of antiquity, Cyrus turned aside the
Enphrates, which separated him from BABY