New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-06-13
TROUBLES of THE ENEMY.

vast, and are constantly increasing; while their
means of payment are rapidly diminishing. Their
great source of revenue-dutes upon imports-ls
bound to sink to an insignificant figure during the
present fiscal year. for the $3.50 100000 of South
ern exports will be used exclusively for the pay
ment of such imports as may reach Southern ports,
not one dollar of which will be used for the benefit
of Northern importing cities hencetorWard ana lof-
ever. Hereafter, Northern exports must pay tor
Northern imports; and the Northern people must
find some other market than the South for their
manufactures of every kind and description.
In addition to these troubles-in view of the fact
that the bonds of the United States Government,
now only saieable at heavy discount-wlll be
almost unsaleable at any discount by the LIST OF
August next-between which time and this fully |
500, 900, 900 will have to be put on the market
other difficulties are contntnually presenting |
themselves flowing out of the corruption and ra |
pacity of the Abolition leaders, and the vast
amount of State bonds-reaching over $50 600 900
which Abolition Legislatures are about forcing
upon the money markets of the North. In order
to aid Lincoln in his war upon the South the Abo-
lition Legislatures voted millions for the support OF
the volunteers they rushing into the field, and
having little or ready cash in their respective
treasures wherewth to meet the obligations thus
contracted, their only recourse laid in the issuance
of bonds, and the sale of them at the best price
obtainable, or downright repudiation-a thing not
to be dreamed of, because it would destroy the
moral effect of their proceedings Shot because they
were toe honest for they were then, as they are
now, engaged in the prosecution of a wicked war
for purposes of robbery, rapine and spoliation of
the South. Some of these bonds are now for sale,
others shortly will be, for the entire sums ap
propriated by the various Legislatures will be
required in brief period, and the result cannot be
otherwise than seriously detrimental to the sale of
the huge list of bonds Secretary Chase will be
obliged to issue within very few weeks With
insolvent State Governments, and bankrupt
Federal Government in the market for money at
the same time, the depreciation cannot be other
wise than ruinous if it be possible to negotiate the
| bonds at all.
| Then, again, the rapacty and dishonesty of the
Abolition leaders-through their contractors with
| whom they are all in partnershp-has involved
them in still further difficulties Pennsylvania voted
So 600 600 to carry on the war and we have seen
it stated in prominent Abolition journals that fully
onehd1f of this amount has been stolen! This
thievery has produced vast deal of disgust and
| Indignation. The Governor has been called upon
to resign. High state officials have been charged
with the grossest corruption; and the Attorney
| General resigned, his self-respect," to use his
| own words, not allowing him to have official or
| other connection with the State Administration.
In New York Ohio Indiana, Illinois, the same sys-
TEN of rascality has prevailed to an unparalleled
extent-army contractors making immense for
tunes, while the poor soldiers were compelled to
60 ragged and halfstarved
| The Ohio Abolitonists were particularly jubilant
in regard to what that State going to do. They
| were ready to furnish hundreds of thousands of
men and millions upon millions of money, at an
instant's notice. The following from a leading
Lincoln journal of Ohio is rather significant:
| When the Legislature authorized Gov. Dennison
to borrow three millions OF dollars, twas supposed
that the Ohio banks would lily to the relief OF the
State-her patriotic soldiers, and the nation whose
| existence was to be tested by blood. No men
were SO wild and devilish in crying traNOT-no
| party now-all country-life, properly, everything
| must be put at the service of the country!
Now what have we witnessed? The Governor
| made calls, procamations, orders; and what he
could not do Gen. Darlington was on hand to do
| for hn-the Legislature passed laws-the people
rushed to arms by thousands, and all went swift
| as the running tide. At last the bonds ready
| and the money was called for The Ohio bankers
met here last week-entered into deep and solemn
consultation and subscribed three hundred MOuS-
/ sand dollars 9! Not one miOn-not tlcO millions
| not three millions Now what is to be done Who
| call? Where is Gov. DennIs0n TO get money to pny
the debts hourly pressing on. the State Treasury?
Who now are the traitors? Who are aiding the
enemy by refusing to aid our friends? jeff. Davis
can only make effort to kill gallant soldiers,
but the bankers would starve them to death.
There is no humhug in this-nobody but the
| bankers can buy these bonds. We all know that.
| If they refuse-if their patriotism oozes out in
words-then are bankrupt, indeed, and Gov,
| Dennison cannot pay.
1 We suppose the next suggestion will be to break
open the vaults of the banks and rob them of their
contents. Indeed, it is than limited at in the
above paragraph. Well that would only be carry
ing out the true spirit of Abolition. Having robbed
the South for yearg-and that source of plumber
being now cut oft is but natural they should
| turn round and rob the rich among themselves
The inevitable tendency of Abolitionism is tc
anarchy and wholesale rapine. If their evil teach
ings and wicked inventions come home and plague
the vile teachers and inventors it will not be more
than just punishment for their crimes.