The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-03-27
From the London Times. March s.
The SOUTHERN CONFEDERATION IN

..
The SOUTHERN CONFEDERATION IN A
: ENGLISH POINT OF VIEW
whatever may think, as En- alishmen, of
, Davis morality, or, as men of common sense,
ar. DAVIS rhetoric, it is important to distingui
the substratum oftruth which uuderlies the speet
t from the crust of sophistry which obscures it,
Much OF the suspicion and antipathy between II
North and South may be vague and unreasonabl
al ana the present attitude of Kentucky, Delawar
maryland and Tennessee might well lead the Stat
now represented at Montgomery to reconsider the
determination. But i is useless to disguise Il
TACT that so long the Washington Congress az
heres and even aids new restrictions to protectiy
poilcy they give their enemies the best excuse fr
hostility and cut themselves off from the sympatb
oI ther friends Circumstances have almost inseI
Sioy taught the Southern States Of America
lesson IN political economy which the laborers {
Hnskisson and Peel and the party warfare of
%hoie generation barely suftced to impress on th
English mind
Inc inhabitants Of country exclusively devC
tea 10 the growth of a crop, for the production {
Which 1t had unrivaled facilities in its soil and cs
mate, could never be duped by the fallacv whic
treats each nation as theoretically selfsupportng
Inc very same law of nature to which they owe
the practical monopoly of the cotton trade coul
! not but occur to them as the fundamental law q
commerce, and they have never ceased to rebe
| against the tariff by which their products and i'm
| ports are taxed, ostensibly for the benefit of tn
Union, but, as they believe, to CRAFTY the bnt
sellshness OF the North. This is, perhaps. tn
only point OF contact between the issues now pend
| ing and those which terminated in the war nf I,
dependence, and the destruction of the tea in Bos
Ton harbor is likely enough to find a parallel in th
present year at Charleston or New Orleans Wher
| the planters hear that Mr.. Lincoln, who has pre-
so cautious rcucence on other points, ha
declared his intention of collecting the Customs al
usual, while the Federal Legislature is hurrvino
through the Morrill, Tariff bill, imposing all bpI
prohIbtive duties on Manchester and Birmingham
goods, they may well feel aggrieved as we'll as
alarmed. "
1t is long since the cotton States have produced
food enough for their own consumption, and for a
great many other articles of common use thew are
dependent on Europe. As Mr.. Davis says: '"An
agricultural people, whose chief interest is the ex
port of a commodity required in every manufacture
ing country our true policy peace and the freest
trade which our necessities will permit" Proba-
Diy they have not yet calculated the proportio n
wnIch % their quota ot taxation has hitherto borne
10 the whole civil and military expenditure of the
Union, still less the ruinous expense of a civil war
aggravated, as it probably would be, by a seryie
ilnsurrection. Upon principle, however, they have
mere manlteStly the best of it.
IL Will not be our fault if the inopportuue lepis
laton of the North, combined with the recinrocitv
Oh wants between ourselves and the South should
Drlng about a considerable modification in our re-
iatlons with America. No one, after the recent de.
hate on the slave trade, can doubt that ENGLAND i
Gun III earnest on this point, and will never buy
commercial advantages at the cost of her honor
we should infinitely prefer dealing with single
responsible government to maintaining two En-
pasSies and running the risk of Observation-Disclosures
with two highly sensitive Democracies But the
tendencies of trade are inexorable, and our mann
lactures will infallibly find their way to the best
market market with the regularity of mechanical law
H'tnerto our exports have chiefly been consigned
70 noIthern merchants, while our imports, greatly
exceeding them in value, have been principslly
supplied from the South. 1t may be that the
southern population will now become our hest
customers 1t is true that both money and credit
are now scarce in the slave States and when we
remember that something like half the estimated
value OF real and personal property in them is yes
teu ln slaves, 1t Is easy to Judge how soon they
would be exhausted by protracted war.
Mr: DAVIS Is sansuine enough to predict that
even In that event, "there would be no consider
dDIe dlmlnution IN the production of thestaples
Ehleh have constituted our exports" unless
tne enemy should obstruct their transmission
10 lorelgn markets-a piece of tactics which
ne deprecates as something monstrous and |
We should have thought it |
a very ordinary exercise of beligerent righte |
ana have moreover, opinion as to the prob |
aole effect Of civil war the productiyeness of
save labor. Granted, however, that permanent
secession can be effected by "a peaceful appeal TO
me ballot box" and that the moral and economical
'Vls OF slavery do not prove fatal to society based
IN IT. material prosperity will not fail to follow un
estcted intercourse, and the free States will long
epeat an act which brings needless discrcdt on |
ne intrinsic merits Of their cause
From tie London Chronicle March ST.
IL would be impossible tor ignore the Importance
u the new nation-the Confederate States of Amer
ca. In many points of view they have solid claims
o regard, not to say respect. The South has con-
rlouted more than its share to the mil
tary glory of TIE United States-wheth-
r we take the revolutionary war, the war of 1872.
r the general services in the army and navy of the
states. Some OF the most eminent soldiers and
alors OF the republic have been Southern men,
n the elements of material strength it needs no
cast to show the value of the South; the country
hat produces cotton will always command the at
ention of the world. 1t must also be borne in
and that the development of the cotton culture of
be South is not alone the mere accident of suitahe
oil and climate; many parts of the world are more
ditabe tor lts cultivation; but the capital and en-
rgy OF the South have increased the grow tn of cot
On On until they now supply to the world very nearly
20 oOO, 600 sterling worth of that product alone
he increase, also, is much more than propo tonate
the increase of negro slaves; for the use of new
saIiy led to M with the cotton-gin, has
lduStry important to the world. f''"' Vi dh
Inc population of the new nation is ir round
umoers over hve millions, of whom, on a rough
alculatlon, two millions are slaves leaving three
Unions OF lree Whlte men-more than the popula-
on OF the whole of the States at the time of the
declaration of Independence. 1t has been said by
"rthern men that the two millions of slaves are a
'urce OF danger and of weakness but, however
-ue that might be when the slave States were con
ected with the North, where the anti-slayery SEN
ment is strong, we do not believe that slavery
iii be more source of danger to the new confed-
racy than it is to Brazil, where without the least
read OF abolItonists, 1t is still steadily maintained
lto the question raised by Mr.. Helper and Mr..
imsted, OF the comparative cheapness of slave
nd free labor, we have no wish to enter at full
ngth it is very wide question, and the facts be-
re us are not as yet sufficient.
But however the moral feeling of Enuland NAV |
volt at the mere fact of slavery, and more esne-
ally at the horrors that occur, even though but
OCCASIONALLY, in connection with the forced servi-
lde OF the negro race, we must not allow our SEN
ments to blind US to the fact that the negro race
ithin the Southern borders are direct source of
ealth. For instance, the most earnest advocates
coolle labor as substitute for slave labor must
Init the greater cheapness of the latter. A West
ida planter pays certainly only Gl6 a head for
e e coone' out he must pay the passage from India
I'd for the passage Of his family-wite and child
N, or, as sometimes happens, mother and Younger
'otherS. Alter seven years, he must paw for his
assage back again. 4 planter who buys a female
ave at the same time has certainly pay say flOO
first, but he has the services of the woman dur
e her lite; he has also his property every child
e woman bears We say nothing of the support of
negro while young, because if the c0olie must by
cal law be properly fed and nourished self-inter-
t obliges the planter to feed well the man from
hom he eXacts work. 1t will be said that the
antcr has to support the negro in old age: but
'acticailF it is found that the old negroes past
bod work, and therefore unproftable soon die off
IMPLY because they are, as general rule, still
lmane planters-and there are many of the kind
this would not occur; but point out that the
cilities to the planter Of making negro labor
urce of solid wealth, are greater than humanita-
ans here-believing what they wish to believe
e ready to admit.
The North will also lose materially by the seces
on exactly as England would lose if seven of her
cnest agricultural counties were swallowed up by
lie sea. 1t may be, that TO the New Eng land
tates may arise the satisfaction that they will
ave iewer Shareholders in their political commun-
N, ana visions OF the entire extinction of slavery
ay float before some ewes. But without any
npe OF the extinction of slavery, we think il not
apostolic that when the abolition fanaticsm dies
At IN the North, the old wish to mitigate slavery
TO KIND OF patriarchal servitude may arise again
Virginia and Kentucky-as it prevailed forty
nd fifty years ago, before "abolitionism" was
nown; and that in the South itself the freedom
ON all irritation and fear of negro risings provo
I'd by Northern incendiaries will induce much
llder laws and regulations for the negro race.
From Tie LoGdOn Times, March 81
We do not say that the tide
as turned, but we say that matters are lust in
lat state which imposes very grave responsi-
llty on friendly nations, and especially on Great
ritaiD. 1t is quite possible to forecast and arm
lrselyes against the consequences of the revou-
onary movement,sol. ar as they affect this island
ithout treating it fat accompli. We shall
)t be deferred, for instance, by the wrath of a
ew York cotemporary from looking for new
urces OF cotton supply, and drawing, if necessa-
2, upon the resources of our own colonies to save
IT manufacturers from ruin. On the other hand
e cannot iall to see, and it is our duty to point
1t, the tendency of aretrograde commercial policy
the North to divert European trade from Bos-
IN and New York to Charleston and New Orleans
hese are matters of business, and the warmest
lends OF the Union cannot expect our mer hants
} celebrate its obsequies by selfimmolation. But
t Mr.. Lincoln show himselfequal to the occasion;
Id let the free States prove themselves capable of