Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1860-11-28

n EaCiaz4han b. , Bu. q H. sonr-rl
/ Eivss sassasys sSe5-~e'
w Ellis C. UaIe. .. d. hLlaUs5
N-EForest, ST. Nszan-
THR EFFECT or TRE sECEssEos
MOVEMENT NORTH.
L is OILY Of late that the Hslperi,ss have
commenced to appreciate BE dangerous t-
mentions Of The reaction fswing from the
success Of taeir party. There ls a dead luii
il the affairs Of TIE commercial, DsHuizctvr-
ing, and financial Interest throughout the
Northern States. The prospect in New York
city is said 20 be mos. discourag.rg. Should
tie will-cat banking system of the North
wsstern States explode, Is Is quite probable,
-ndsr the pressure, las stocks Piedg d FOR their
bills now in circulatioa vii doubtless be thrown
into that market fer sale. IN such an snsI-
gency, STATE bonds win be reduced there Eoue
ten CT fifteen per cent, a depreciation which
win exhibit itself sensibiy 10 its influence
up1n ths paper currency of the city aha state.
A c~orregpoa5sn. Of the Charleston Cosrjv,
writing from New York under recent date,
SAYS:
sfNo brokers wil buy western -g-Esaey, be-
cause offs great depreciation and uncertain
value Foreign exchange gees q begging az
es 20 10l. Regular drawers cannot draw at
los, because no che has money 20 bay. OR
merchants are d-ing no business whatsfer.
Their clerks are idle, afraid to g South and
expenses going on. Orr uzazsse-arsrs axe 10
q perfect frenzy. There are DO orders. Al
least ten tao1sznl hands were tar5wn cut of
employment On Saturday, Tor want ot work,
and az mzny IS three Thousand from ths sl0ps
q Newark, New Eavaa, Bridgeport and
Hsi-iborinE citiss-
think oftl Hir'esn 15Esza5 lisdag,2 in
ozs dag.
sRezl estate is uasaleabls at haU the prices
eurrslto1 tie first % October. New this is a
dspio.s5le STATE Of things 10 De iaagg1ra.ei in
the short space os fre-sy days Wat Rust
be The r-sa utLst.eaieasl disruption to tie
Uaicn continues units even your choice Of DEL
egz.ss on BE Ga o. Dasemsar, not 10 say anti
The convection l-st, but even until he e.ec-
ton tax place. Way, ve shall have oas-
half If RE banks 81 the free States broken,
aBdE ws can hold OF u tie city it win be
more than many wise hesss expect. Issy it
Is impossible to continue Inc money panic
n0z upon as tv5.weeEs longer vithoa. worse
results tlan those experiences in 1851. We
ten could see .ths end, aow no oze can zee
The uos- rsms.s Ts-E 81 sansl.ne.7
This is DC orer-Ure.gl. sketch % The ex-
listing reality, aa3 il IS alnozt impossible 20
czsE-erste the orezdowi1ss of the future.
TIE demands Of tho South s5r wares and rer-
chsnliss, manufactured Ply The haais that
would raise arzils. hlr sors d SHARrE's rife
OF a yo1S Brown pike, are every isg bscosa-
ing less frequent Ire natural result viI be
tie eisc5uzn- u thousands from employment
IN northern msnlfaclories, who csnnot other
wise had fsidsTa wlilh re- labor f5r their dali
D. bread. Tie mobs Of Paris in the Rei-a IF
Terror, crying for "blool CT bread VIII fB5
a striking counterpart IN As discharged opsr-
stircs Uao ilroaE The streets Of Lowell and
Bos.on, New YORK and Philadelphia. TIE
Laws sss az defiance, the risbts Of property
violated, and life exposed to dagger uHder
mobocrstc rule, wiI impress iszsors upon lie
mind Of fanzaeisu TO the wisdom of whose
teachings it had previously been iuPsrvioas.
The agaea.terli ana producing South may feel
the rebound q The blow after lie force has
been spent, as .he ocean d3ss.tls wave hat
strike tie vessel, breaks aa5 fails back upon
i-ssiG. Bl5 he uaaufacl ring ana consuming
North must suffer, noss 6isss--1usy from the
effects Of the Eaa1cisl storm ahicd tlei- ozn
folly has evoked. They aust -sei if positive
lJ, effectively, tsrrbir They have sewn tie
" nd, let thsmrzsp che .FLlrlEiB5t
TIE uAH2EuS. OsNEW T01.K.
iz onuou win the southern press, we have
heretofore published a paragraph charging ous
Of ae ueu5ers Of ae fn Of HkzrEz & BIO,
ofNsT York, wHh lzv1z presided al a meet
ing Ct Ls Bsck-RePuaLcza party held aoas
weeks since ia thar city. Being unwilling to
do the fra any pec9aisy injury until ,Hs.r
conduct shal uesa it, we feel q a dl,y to
give lae dsliai Ct Lis charge 175n The author
iy q the Nez YORK Jlurzz Of C0mmrrcz.
Thai paper states that Tie gentleman tlus
charged with being 10 council wiih tie he-
pabican party, was an ardent supporter Of
tie fusion ticket gotten up b. the friends of
The three conservative cand z.as
Tie Nev T9rk Eszs, a n liable and con
journal, also ssys Ct tbe firms:
g TlroaEL5ut q ctrser q ever forty years
,hoy have aevsr polished d volume, psga,
paragraph OF line. csi-lisfcI 10 DO Injustice 20
Tie SOUTH or TO any particular section CT tie
country. They LsFs Uniformly refused 10
books, a- eject u which mi-a. pos
zibiy sgnlsr hss-I TO any particular por-
toa q the American people ard though
oneH, irdsei almost constantly, lE-rcI sr-
and iIrs-r4li5ns f1r .be weesIy AID uae-
szins q a partisan character, they have been
perenfoTily declined. Ihe members Of tls
firm ere, and e-ar have been, thoroughly cen
soFyatFe ia politics, though az a genersl
ttlHE they have avoided bel1g active pzrtici-
paats. Occasionally tLe name q, the senior
partasr has been seen b. connection with a
meeting, tut always on TIE Union
SIDE H is oslatr found 10 eal's for assem-
Of a beasgo.sat ard fhHaHtLrop.c
charsct en-.
The press o. TIE Scli oss il II them
nelfes aA4 10 a-lce 20 leieLl LllE -gcaL cen
ssryauve establishment from assaults uqan
it, business. Tee honor and Interests Of
American literature demand il. The frank
and generous iupuisss Of southern journalists
anot Tsfasait.7
Witt such an array OF sa,aor y ra eaanot
believe hat tie HAzIEns age guilty O.: tie
that has been aus p-oPsEsted through
OCT the South greatly TO her ds-riu eHt
While we make this explanation, howe -sr,
VIII the view merely Of making repsralion
FOR whatever Of damske We may have done
them, We feel constrained 30 say .b4t we have
tiUss seen, 10 some OF tlsr publications,
articles ard illustrations which might very
appropriately have been omitted.
e. The New York Jgurza5 OF C5mmsros,