Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-12-26

United states would be PrOfitabIC-
singular Calculation.
From the London Morning Herald, sth.I
For many years Il hes been settled principle
with the Federal Government perhaps the
only fzed rule Of policy II has kept steadily in
yieW-to treat Great Britain with discourtesy
and hauteur, riting, on every occasion Of dis
pute, into insolence and menace. Thenaional
pride of the lowest olass-the ruling class In that
unhappy country-was fiattered and their polih-
cal support conciiiated BY this unffiendly de-
meanor on the part Of their cabinet. The mo-
ton that they could whip the Britishers was fos-
tered by the constant spectacle of impertinenees
offered on their part and not resented on ours.
The men who pTacticSd this policy, mean and
contemplate as IL was, were not quite so wicked |
and reckless as they seemed. They wished to
court popularity at the expense of diplomatic
decency and International good feeling, but not |
at the cost Of actual war. The Democratic
party, violent and willful as it was, generally |
managed, If not to secure n respectable Presi-
dent, at least to surround him with safe ad- |
vi ieIs.
They did not mean to fight, bat only to bully. |
And they never would have gone 80 far as they |
did, but for their reliance on Lancashire inter
ests and Manchester politicians. They put |
their trust partly in the influence of Messrs. |
Golden and Bright, but more in the kingship |
Of cotton. OF course they did not put the
grounds Of their trust nakedly before the peo-
piej IDls WOuIu DuVe tpOHeu luO HtOty VI
| bullying England. To the mob they said
"EpglaDd dare not 6ght;" to Congress, EN-
| gland can not afford to quarrel with the United
| States" There was so much truth in the latter
statement, that the "game Of brag" was careied
on with impunity, to the great annoyance of
| EDglithmep, and the great delight Of the rabble
of New York. The Democratic party were
succeeded by the Republicans; the North alone
| was left of what once had been the UDionj
| but the old policy was carried on ss ever. Nay,
the new hands were more insolent- and less
cautious thsn the old. The latter at least
knew that our patience had limits. Mr.. Lin:
coin was too Inexperienced, and Mr.. Seward
too empty a boaster to be aware what those
limits we're. They bullied and boosted more
than ever, having less than ever to boast
of. Finally they have fired on our flag,
and violated our neutrality and now
they ignorantIy bless themselves with the
idea that "EDglsnd can not afford to
quarrel with the United Ststes," as if the
United States still existed. They seem wholly
to have forgotten that peace now costs US all
that war might once have done; that our neu
trality maintains the Southern blockade, and
that the first result Of war would be to raise II.
They have been so puzzled by our patience that
they have pkrsuaded themselves that our inter-
ests can not be really in war; that they know
| no principle no treaty, no sense OF honor
would have withheld them from breakiog a
blockade maintained by frienoly power, if they
bad any interest in doing so, aud they can not
comprehend the forbearanoe of England, save
by attlibutipg it TO fear or to greed.
We need not answer to the former imputa.
ticn; the latter ia simply childish. We had
opoe an export trade tO the United States of
about twenty millions year; an import trade
therce il calcuIsbly valuable They have al
ready reduced the first by two thirds, and the
, latter by much more. Now it iscsrtain that at
least four fftbs Of our imports came from the
> South. Almost all our cotton, great part of
our rice, sugar and tobacco, and no small por-
r ton of our supply of American -four, came
from the Confederate Sta'es. Our experts, all
or nearly all, went North ward, but geest part
, went to New York only to be themes distributed
to the South. If we estimate that part at one
half we shall not overrate it. The restoration,
: thtn, of trade with the South, and the block
. ade of the Northern ports, would deprive us OF
about six millions and half Of export trade
I | il would open to US about ten millions of what
a | we formerly had, but have lost through the
a civil wsr. 1t would give us abundance of cot-
/ ton, and change at once the suffering and dis
a may OF Lancashire into joy and confidence. II
would restore us above TWO thirds Of our total
imports from America.
:, In word, we should more than double our
8 present trade with the continent of North
America, by declaring war against the North
a And yet Americans are found to believe that
Z England can not afford to quarrel with them
It were much more near the truth that we have
only at great cost afforded to be at peace. The
s proftableness of war is no excuse for any read
mess to quarrel, any disposition to seek casuI
t beR or TO make one; but it certainly should
mako an unfriendly minister pause before he
provokes Us to fight. II Mr.. Seward had looked
. into the condition and character of our trade
\ with America, and had thereby learned that We
have much to gain by war and much to lose by
peace, it is more than probable that the Iren
: would have been allowed to pursue her way in
y peace. If he looks into the Board of Trade
r returns before making his reply to our demand
o for the rep dition of the gentlemen kidnapped
r by Captain Wilkes, it is possible that he may
see reason to pause before beginning war Of
- which both the glory aad the profit must b'
. first to England and secondly to the Confeder.
q ate States.
l. For the question is not one merely of imme.
date profit, but of the future possession of thu
most lucrative trade in the world. Hitherto
J. by commercial astuteness and fiscal unfairness
the North has contrived to monopolize the car
rying trade, the banking trade, the brokeragt
2 and the manufacturing of the South. Tht
d slave States have been obliged to use Pennsyl
y vanian iron, and clothe their population ii
II Lowell cottOns. They have had to borrow q
y extraVagant interest the capital of New York
l. to buy and sell through Northern agents. Il
employ Northern ships, for they have none o
a their own, to swell the profit and the power o
m Northern traders and Northern cities. This i
|
rs cheaply than can New EDgland or Pennsylva
i MIA with all that she needs to import. We ca
do her carrying trade as chesply as it has eve
been done. We can lend her capital on NOR
J. reasonable terms than she could ever obtain il
Il New York, and yet on far better terms 70
D. ourselves than We have been able to obtai
in European investment Of equal security.
:. And thus, when the South is ence emanci
40 pated from the Northern tariffs, and freed fror
ia the nuisance Of a Northern blockade, she VII
IL become our best customer and closest com ner
~ cial ally. She now exports, or did export i
II 1860, sixty millions sterling to the NOrther
= States or to Europe. Of courie this implies a
- importation of equal amount. Her custom fo
10 Northern manufacturers being transferred
y England, her imports Of tropical luxuries nc
being large, and her own industry being purel
y, agricultural, it is probable that at least two
er thirds of her supplies will be bought here; an
I'd thus an export trade Of forty millions yes
to to the Confederate States will replace one
ne half that amount to the whole Union. W
H. shall probably carry at least forty Of the sixt
Ie millions Of Southern exports, and the result
Secession will thus be to give us q new expo
trade Of twenty millions, and the monopoly
~ one OF the most lucrative carrying trades
s. the world. We have forborne to grasp at thi
be knowing it to be within our reach. We hay
n respected the paper blockade which stood b
| ANvang Al Il A.. -