Daily Nashville patriot. [volume] (Nashville, Tenn.) 1860-1862, 1861-11-01

at the commencement OF the blockade, we
considered the n cessity for. the South 10 sell
her cotton so impasious. that We expressed
the hope to see the Government and the
planters make the greatest sacrifices for Sc
curing the exportation of the precious eFss-
duct. We thought that to realize two hum
dred mfftions of dollars there should nave
been no hesit ttion 20 expend ten per cent. of
this sum TO open the b!ockade.-Tweniy mil
lions employed in the mouth of May last in
purchasing in Europe, or in constructing at
home, steamers and easements Cor batteries.
would have insured the free exit of our cot
ton, and it is a ruiuous economy that has
been practiced i'll this matter. The iDt"rven-
ton Of Europe has been counted On. wi bout
ref.ctne that il was for the South herself to
make The first effort and first outlay for de-,
stroying the blockade. Now the error is per-
ceived, and the public are looking about for
a remedy. But no halt measures viii do.
and hence we believe it desirable that the
planters and factors send delegates to spe-
cial convention, which shall be empowered
TO act in concert with The Government on
the subject. s g 5--....
But let u return TO the ''no recognition.
no cotiOnn hobby. The condition of mo
song, no supper" imposed upon supposi
tious minstrel by a suppositious ian-keeper
may or may not have been justified by the
peculiar circumstances of the case. We new
incline to think, however. that the condition
was bard and unre asonable, and that unfair
advantage vas taken of the minstrel's hun
ger and destitution4 II I'd he beeu in siiua-a
ton TO assert hisrights and vndicats his
dignity, as we axe for granted England and
France think they are. il is Very probable he
might have justly reversed the culd ton and
successfully insisted ON mo supper no song
England and France could certainly if it
We're mere question of exchange of valu.
bic considerations, dem nd payment in ad-
vance with as much justice as we could
/ They could claim, not without reason, that
We should extend to them a friendly CONNER
cial recognition, before d4.mauGiug from
them polite Il recognition watch would
expose them to the hostility of the power
with which we are at war for our iadepen-
dence.
But the questionis not merely one of the
exchange of valuable considerations. TIE
condition of mo n, cagniiion, no cotton
nike up in The same policy ideas which he
long 10 essentially DIFF rent categOries. They
have their respective values, to be sure but
The diSsimlality Of those values prrclndts
their exchangeabiiity. Thy can not D
brought upon the same plane for adIneas
areTneni; they cannot be weighed in the
same scales Commercial value can only be
satisfied with commercial compensation; 10
liiical and moral value can oaiy legitim stely
seek a political and moral return. Suppose
indeed, tor example, that Eugiand should
extend the political recognition which is de-
manded-what them Is the commercial con-
sideration forthcoming? Does she by that act
alone gain access to our cotton, and do we
by that act alone gain access to her manu-
features? By no means. Commercially, the
case remains precisely where il was. W.
gain nothing. but.we lose. perhaps. valuable
time and opportunity by not taking vigo-
rous measures, TO break the blockade, and by
not actually beneftting by its present inef1i
cheney. England gains nothing, and perhaps
loses much from a similar cause. As re-
spects commercial exchange. England, in her
political recognition, would give US a mere
song for a predetermined supper of cotton,
with an unpleasant prospect of at last going
to b d supperless. John Bull is not likely to
be captivated with transaction like this
1t is entirely too sublimated for his lusty APP,
petite. He prefers solid to metaphysical
diet, and is not PRISON to break his neck or
starve to shadow for an abstraction, --.--..s
To insist, then. on political recognition "a
toe condition of the export of our cotton,
would be 10 stand upon a barren diplomatic
| puncIiiio with reference to a great and im-
pe:ious commercial int rest.
The fact is, il is of no practical importance
| how we secure the expiration of cotton, and
secure an adj quAte re urn IF foreign cDmmo
| dities. The thing is 10 acc mpli>h that OBJ
| ject by all the mrans at our Command. and
| not to neglect immedia opportunities for
| remote Contingencies. La such an aff.tir, one
| live bid in the hand is worth million spec
bative birds fitting among Hypothetical
! bushes