New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-01-01
TIVE PRo-SlAvERY REVOLUTION.
FROM WASHINGTON.
COMMERCIAL ASPECTS OF SECESSION.

From Our Special Correspondent
WASHINGTON, Dec. %, 1860.
The South Carolina movement and the e1ecu-
ton of the designs of the other seeding States is
going to be of vast advantage to Northern trade
and commerce. The secession ordinances will
at once close all their direct trade with foreign
countries, and their whole business must be trans
acted through the coastwise channels. New-fork
City will thus receive very large accession to
her coastwise and foreign shipments and New.
England shipping acquire an extraordinary stinl-
illus. No cotton, rice, sugar, or tobacco, can go
direct to Europe from Southern ports, after Sc
cession, but every bale, tierce, and hogshead,
must find its way, to market through the coast
ing trade, and be transhipped at Northern ports
for its markets abroad. Commerce is peace
No shipowRer bent on profitable business, as all
are, will take any risk of the detention, seizure
or confscation of his ship. He will only send or
90, where he is safe. No vessel is therefore go.
ing South to embark in trade which is either OBJ.
structed or dangerous. The foreign trade
will be. The coastng trade will not be. The
inevitable consequence will be largely in
creased demand for coasting tunnage to CON-
vey Southern products North, and large and
unwonted influx of foreign and domestic shipping
at the Northern ports, especially at New-York, to
receive and transport the coastwise cargoes. This
double transportation will require an increased
number of vessels, and thus it is inevitable that
these Southern Secession movements should give
a great impulse to the shipping interest. If
Maryland should join the Seceders, Baltimore and
the Chesapeake Bay would be thrown out OF all
participation in these advantages, and the New
York and New. England harvest be oil the greater.
But, the impulse is going to be very sensiby felt
by American tunnage, whether the Chesapeake
Bay shipping participates In it or not. For all
the direct carrying trade in foreign bottoms now
conducted from the Southern shipping ports, will
be forced into American cOastwise vessels,
since the foreign vessels cannot participate
in the coasting trade, and it will be diff
cult under any circumstances, to get cossting
vessels to transact the new business that will be
thrown upon them. We look, therefore, for q
decided advance in coastwise freight all through
the coming Spring months.
Another mode by which the Secession movement
is going to stimulate Northern trade and industry,
is by divertng an increased quantity of the pro-
ducc Of the Mississippi Valley northward and
eastward over the railroads. This reversal OF
the original mode of transacting the business of
that valley by sending its products to New
Orleans and Mobile, has been going on and
gaining strength these ten years, till even in the
ordinary course of trade, the Cotton Of North
ern Mississippi and Alabama has been finding its
way to Northern shipping ports overland. The
least additional obstruction at those ports will
will widen and increase that diversion, until tho
main current Of trade may be soon found to be
overland, nOrthward and eastward, to Baltimore,
Philadelphia and NewYork. Or, if Baltimore
should become a seeding port, then, of course,
she must relnquish all her existing advantages
of position.
This whole Secession movement is thus sure
means Of developing and increasing Northern
trade and commerce, TO a remarkable degree.
And its commercial aspects are alone amply suf-
fcent to put it under control. If the Repubi-
cans stand firm, the whole movement is just as
sure 10 collapse as time is to roll round. The
pressure and ruin arising from the suspension
and reversal of trade at the Gulf and other South.
eIn ports, and the apprehension Of negro inssr-
rection and lawless invasion in the border Slave
States, viii force overheard the leading political
revolutonists and cover them with obloquy and
disgrace. Better men will arise to fill their
places, and patriotism will resume its sway over
faction and treason.
The power of the Federal Government is omnipo-
tent in this emergency, and it can control events
with perfect ease and without any application
Of force, except that of negative and defensive
character. The amazing thing in the case, is to
see how Executive imbecility abdicates its just
functions, and allows itself to be blufed and
dragooned by the buster Of the revoutionists.
1t is painful to be unwilling witness Of such in
capacity. And it is Notifying to know that the
whole world must look upon the men who have
been chosen to fin the chief places Of the Re-
public, with contempt and derision.
These considerations increase the impotence
with which the efforts Of the compromisers 10
break the Republican line, and force the Gov
eminent to succumb to Slavery dictaton, are re-
garded. The whole question involved is whether
this Government shall control Slavery, or whether
Slavery shall control the Government. One would
think the compromisers might by this time see
the issue. The shareholders assert their royal
prerogative to govern this country by declaring
that Cotton is King. This is only o modest way
they have Of asserting that the Negro is King.
1t is now simply question of whether he shall
be deposed, and the White Man take his place.
The people having desreed the change our COM