The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-06-15

AFFAIRS in IHE SOUTH.
LouIsvMtx, wv
the Southern papers advise tho farmers to save s,
They are very much In want Of salt, printing paper
lead and leather.
James Stephens, Of this city, is making arrangements
| 70 build gunboats for the government
The Nashville Patriot states that party with the boat
Red Revepger On the Cumberland river had applied for
letters Of marque.
inc custom House at Atlanta, Georgia, has Bean
abolished One 10 established near the northern
Of Tennessee.
Inc AemPnn Aw@0sche Of the 10th advises the free
negroes 70 cote work on the intrenchmens at Rsndo
ana says they Will be forced they don't volunteer II
sdds those who volunteer Will be discharged Is soon O.
the Notifications finished but those who arc forced
70 enter the service will be detained during the war;
INTERESTING FROM THE SOUTH FROM A
SOUTH SOURCE.
OUR CINCINNATI CORRESPONDENCE.
CINCINNATI, Ohio, June IL, 1851.
The True Condition Of the Rebels at the SA-TAe War Spi
Mt at Boiling Point Soldiers Haaeming to Vngtna-
The SOuthesn Bank Conveeion-LsbeYaliy Of the Plant
1s to Carry on the War-Financias Afairs-A MNson
Of Soldirs for the War-Bad Prospect for the Federal
7rocrs-Esoland and the Cotton Crop, de-
have been amazed while reading tho Northern news
papers to see how utterly ignorant they OF the true
condition OF the South. Your papers represent the re
bells" as handful Of poor starving men, and the Con,e
derate States without funds money or any resources ne
cessary to carry on an effective That little hot bed
Of rebels in South Carolina produces more Of the susie
nances Of lfe-to say nothing OF her immensely va
iuable crop & short and long collars--than all OF New
England. left that State early in this month and such
war spirit as exhibited all the way from Charles
ton to kentucky beyond description So great WAS the
desire Of the soldiers to press to Old Virginia that they
cbeerfuy accepted stock cars, and any mode Of con-
veyance that they might be enabled to reach the scene
of action and have hand in the fight Every train we
met was crowded with soldiers passing over. AT at
iana one half were sent round by Dalton Knoxville
and tho others went the Southern routes via Columbia
\. Co. and the balance the lower route via Wilmington
The railroads were capable Of transporting GOO
troops per day. On the Sd convention OF tho banks
and many Of the large planters, met in Atlanta G.
lamar, formerly of your city, chosen President
mousy TO receive the treasury notes OF the Confederate
states for dues apd deposit and the planters stand
ready to pledge their crop Of cotton TO raise the
spews OF war. Foreign capitalists ready to make
liberal advances on tbs great staple half OF the
ton crop will yield TO the government one hundred and
one half OF their crop in the bonds the Confederate
states and this they will do rather than invest this
time In land and negroes At Chattanooga q Railroad
Convention held the 9th inst. two hundred
million Of dollars Of railroad capital represented
there, and they passed resolutions unanimously
notes and bonds for all fares freghts they also
transport troops and provisions half rates This with
the action of the banks, an important In af
forcing and credit for the Confederate
The treasury notes will pass gold silver the
Confederate States, and form the circulating medium
lint caOh aC0 rfad into
eight per cent government stock at the option Of the
holder. / have spoken Of the means of the " rebel'
States to carry on the war am fully convinced that
million OF be raised and they all fighting
men, too. 1t 10 great mistake to suppose there Is
large portion OF the people oya 10 the seeded States
fee quite sure that IN the s elk States that seeded
one thousand Union men could not be found feel
6deot that an army Of SEQ 900 men could never
march successfully one hundred miles into any of
the seeded States. They would be attacked and
cut of On all sides Every tree, hill and
brughwCod and mountain and swamp would prove
TO the Confederate troops Of defence phe peo-
pie Of the Confederate States fully impressed with
the belief that the aim of the administration subu.
CATION rather than submit to this they would fight
the death II this lie protracted the North will
suffer more than the South; her banks and merchants
will all break her manufacturing interests 60 to ruin,
and her commercial ships rot her wharves There
full understanding between the Confederate govern
peaceably II possibe-but have II England will The
North has all to gain By putting stop TO this war her
merchants would collect o hundred millions dollars
from tho South that they will lose to have q
protracted war and the BANKERS and capitalists would
two hundred millions OF dollars they have invested
In eouiherr State and railroad bonds These plain
facts worthy Of the sober consideration OF the
rous readers Of the HERALD.