Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-02-21

mistaken idea that The southern people are reb'
- ma traitors. They are No we're rebels ant
Heitors than were lhe patriots OF ihe thirteeI
Soionles In '76, who were dissatisfied with th'
oHslsn government because they believed tha
lss avs infringed upon their personal righti
and privileges, ard they determined to form a
government FOR themselves. II the Southern
esates believe that their rights and privileges
nAFe peel Invaded by the governmsnt cf tht
united Confedsracy,s and that there is no logger
safety Fer them within its limits, the right ol
revolution remains 10 them Just as much az Il
was vested in the thiTtseH British colonies In
TOE midsle of the last t,sntury. The seeding
states have 90 decided, and have avsiled them
selves Of that right They have formed .
Government OF their own, adopted Constitu-
ton, and elected 3 President and Vics-Presi-
dent. They viii open negotiations with for
elgu powers, and they will soon have an army
OF hundred thousand men to maintain the in
tegrity Of their new Government. And IN this
luneture what Is Il that is proposed to do ? To
make war up0n thsm-a war Of subiugation
and conquest? Such are the sDmist8kable in
dicatons. All our military leaders breathe
nothing but war, and ou' civil and political
leaders seem to have taken this infection
ever the heads Of departments in the qIisscsnt
and nerveless Administration Of Mr. Bachsn-
an have no milder terms to use than Sheet
them down on the snot-shoot them down on
the spoti' Te carry on such a war il will
require loans upon leans, aud IL capitalists
can Be found % lend money FOR such purpose
the national debt may te swslied to a hundred
millions 10 few m5hths.
Meantime the commercial eonvulsion ripens
apsee; trade is stagnating; mercl ntile firms
are suspendihg; the operative masses are sP-
preaching a stsrTatioh point; commerce BE-
tween the North and South is az an end. IN
this terrible emergency, What do we require to
steEe Of The impending financial disaster and
ultimate ruin Of all our commercial Interests
Il is rot coercion; it is not subiugation or
conquest it is not the violent +" enforcement
OK the laws y OF 8 confedeTscy already broken
up. Ne; there is bat one mode OF sverting
the most destructive c0mmerctalTevulsion that
ever befsll the country, and that is to recognize
promptly the new Southern Confeieracy, to re-
establish commercial relations between the
North and South, and 50 re-eonstruet the gov
ernment thzt the original condition OF things
in regard to interchange Of commerce may Be
restored II we do not this, France and
England will step in and open negotiations
with the governmeut Of the southern United
States upon terms 50 favorable to all the con
tracing parties, that the South will soon iud
itself in a position to be independent Of as
sltogsthsr, and we nav see its profitable trade
diverted into foreign channel Something
should be done to prevent such a result as this
before It is too late, and we sec no better
method than BY recognizing the existence OF
an independent sovereignty in the Southern
eonfederacy.
That such a necessity should have arisen, il
grea' D to be depl0Ted. That eighty years Of
unexamrled prosperity as a united nation
should leave no better fruits than separation
and sectional hostility i pitiable but IN
these results we see eniy The consequences OF
thirty ytArs' attempt to enforce the Puritan
dogma that southern slavery is the sum Of
ali iniquitv .