Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-05-01

The frenzy. war and madness continues to rage
in New York and its vicinity to an unparalleledex -
tent. This excitement is fed by money poured out
like water by the sristocracy, who dupe the poor
misguided Democrats into the ranks to do their
fighting. A very large proportion of the so-called
troops sent to the South from this city, can only be
considered little better than a rude mob Bakers
apprentices, white handed clerks men snatched
from the shoemakers last workers in iron and brass.
shop>boys and bankers AMI bank clerks, all have
been converted into impromptu soldiers.
A. 7. STUART, who has made the largest portion of
his fortune out of the South is now its most ram
pant and determined enemy. 1t was one time re-
ported that he had given one million dollars to the
Government, but that sum has dwindled down to
ten thousand. He has also sent out his lady-like
clerks to be soldiers, and with amazing Iiberaliy
has agreed to pay their scanty salaries while gone
This war has awakeneda feeling Of nnalgmty ana
revengeful feeling at the North against the Souln
which no sane man could have supposed existed IN
the human breast.
The ruling ne newspapers and powers at the Nortn
isthe abolition element RoBEsPIERIE OF the Nortn
are the GREE kEYs, BRYANTs, BEfcHERs, 1AfPANs ana
others of their creed. They daily try 10 set the
mob unon unoffending citizens, whom they deDounce
bacapse thew differ from them, andclaim the right to
supnress free speech. They mark for proserp-
t;n all who differ from them, and if they had the
mower they would lead them to the block. These
mon. and the people of the North whom they have
deluded into their schemes of desolation openly de-
clare their purpose to be one of determination,
against the South. They, the Southern States, are
to be invaded and crushed out. Negro slavery is
20 be abolished and the Southern States reduced to
conquered provinces.
Richmond, in Virginia is to be conquered and held.
New Orleans is to be taken and held, also, and the
South generally is to be told that unless they sub
NIT to the unconstitutional terms of their dicators
that the blacks are to be freed and let loose up
on their masters. The most inhuman ferocity is
often heard expressed against the Southern people,
implying, that, it is to be satated by butchery and
conhagrstion.
A man named WILSON, Of peculiar antecedents has
gathered around him lot of desperate men, whom
he calls Zouaves. On their flag is the motto, "DEATH
TO ALL SECESsIoNIsTs"
An attempt is being made to organize regiment
of negroes in this city. A company of as of these
people marched up Broadway the other evening
with band of music. As soon they can muster
proper number. it is said, that they intend to offer
their services to Gov. MORGAN. Another regiment
is said to be forming in Boston.
LINCOLN S reply to the Mayor of Baltimore, to the
effect that he only intended the concentration of
troops at Washington for the protection of the
Capital, and not for the purpose of invading and
| conquerng the Southern States, has called down
the Abolition press upon him and his course This
expression of LMcCLN, was probably dictated by
Gen SCOTT, who may revolt at the idea of invading
and subjugating his native State of Virginia.
Trade in New York is nearly suspended in all
departments. The embargo so suddenly imposed
by LINCOLN on the large coasting trade with the
South, has inflicted runous blow on many mer-
camille firms. The dry-goods trade is ruined.
Just prior to LINCoLN's proclamation, many
houses were doing fair and steady business with
the border States, since then, and especially since
the secession of Virginia, not customer has dark
ened their doors. Failures are occurring in the
trade weekly. Protested paper is accumaating in
| the hands of the Banks while real estate is
unstable People who own money are hordlng it
in the Banks and are afraid to invest it in any sort
of business or securities.
Merchants are afraid to send vessels to sea- unless
they are well armed, and insurance rates raised
and war policies issued. The articles which have
been most affected by the war and the embargo are
cotton rice, and naval stores Cotton has advanced
about cent per pound since LINCoISs declaration
of war and his embargo decree. Naval stoI es have
advanced about twenty-five per cent and rice cent
per pound The most extraordinary measure was
announced in Wall street yesterday. 1t was Or
der by the United States District Attorney for this
District to the Banks to withhold all specie balances
in their vaults due Southern Banks and citizens of
the South The aggregate sum thus withheld from
its private owners at the South is estimated at
sl2 900 600 TO SIS 100000 Such an act is unknown
in the annals of civilized warfare.
There is no telling how far or to what extent the
present frenzied rulers may go. Stocks fuctuste
from to 10 per cent per day, and everything is I'M
settled and seemingly at odds and ends
Many sober men express the opinion that this city
has in her maddened preparations for the extermi-
mating war against the South committed great mis-
take and that her course will so exasperate the
South as to drive its trade away from it forever,
and to establish gulf of dsuniOn, which can never
hereafter be closed up.
Since writing the foregoing l hear that the order
to the banks to withhold Southern balances has been
rescinded.
The city presents the appearance, especially the
lower part of it, of a grand military encampment
If all Europe was about to invade and lombard all
the Northern cities, no greater military prepare
tions could be put on foot. AgRELUs