Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-03-09

stances, and believe that every thoughtful
man At this moment is deeply anxious az %
the future; and the question is passing from
mouth 60 mouth, how long will the Chaneellor
Of the ENehequer be able to raise seventy inii-
lions per snnum o. TIE industry OF the eoun-
try 2''
The Toronto leader, the organ OF the Cana
dian government, stated about the same time,
on ''the highest authority" that the home gov
erpnent would rscogniEs the indepsndeace Of
the Southern States that Il would not permit
its commerce 70 be interfered with BY war be-
tween the North and the South, and that il was
IN favor Of peacsabls settlement in the event
OF final separation Of the States. The Lon
don TiHes, after asserting that ''if Southern
ConfedeEacY Be formed and take its place
among the noEers of tie earth, It would be-
cone, IN fact, ths real United States, while the
North would Be only the runp," gees on 10
earnestly pray that 10 the event OF the Union
not surviving the tsrribls trial through which
it was passing, the separation might be an
amicsble one" Il assigns for its earHest
PRAYER this rsssoas @Civil war, in a flourish
ing country and among kindred people, can
never be contemplated without horror BY na-
ton Ike ours, and We trust that neither the
violence OF fhe people nor the weakness Of
their leaders will bring this calamity on the
American Union.o This reason was only in
tended to operate on US, as il Is well calculated
to do; but the true British reason is that such
war would be destructive 70 the commercial
and manufacturing interests Of Englans, and,
/ perhaps, result In insurrecti0n and revolution
in that country. seeing that five millions Of the
population are directly depending ca the cot
ton plantts keep body and soul together. The
London Cir0nicls Of the 18Th Of January gave
the real solution to English policy when il
said :-sThe question is in fact, litlle short Of
life and death. Ruin to merchants and mill
owners, and starvation to the rest Of the popu-
| lstion, hang Immediately in the balance One
years failure in the American srop, or post
ponement Of the American supply, would pTo-
Z duce calsmitfes worse than any war or famine
within modern experience" To the same
effect is The language OF Lord Paimerstou's
organ, the L0ndon Post Of January 21
England is now threatened With q great
danger In two f0rms-sbe one immediate, the
other not very distant-and that danger con-
Germs not only the national prosperity, bat the
very existence Of something bike i've millions
OF the population. The first form is that, in
the existing state Of things in the Southern
States Of North America, civil war OF servtle
iusurrection may prevent the cotton crop being
sown in March or gathered in September. Tne
second is. that as soon as the Southern Con-
fsderacy has consolidated itself it nav revive
the slave trade, and thereby throw difficulties
in The way Of our obta,hing cotton from it as
before.
The second Of these dangers has already
been wisely removed BY the Southern Confed-
eraey. Tie first depends on the Administra-
ton Of The Northern CohfederaeV; and IL Mr..
Lincoln be able to carry out what be an
nounees in his inaugural, the danger il immi-
nsnt, for his policy may lead 70 such bloody
collisions as would render a general war be-
tween the two confederaees Inevitable. In
hat event England viii undoubtedly quarrel
With the Northern Confederaey. In another
article, under date OF January 30th, the Lon
don Post SAYS. that in the contingency Of
civil war in the United States "the cotton
trade would be parslyzsd and the sword abroad
and terror within would tell With equally dis
sstrious effects In Lancashire as In South Car
olns: and England, therefore, independently
Of all higher considerations, has selfish mo-
tive in preserving the peace" Hence, the
London Herald OF the 5.h Of February, an
ticipsting the official news which we have lust
received from Washington, says:
aThs United States, so long as they eohered,
felt strong enough to stand aloof from the
public law OF Europe but the secession move
ment, besides opening up door for the treaty
Of Paris being revised, and made, without eE-
ception, the Law Of nations, is likely 70 raise
questions Of international right. in which we
shall have the deepest interest. The United
States Government was originally founded
upon certain delegated powers By community
Of sovereign States, who have still exercised
their independent soVeTegntv, and it is held by
the seeding States that the delegated powers
nav now be Withdrawn. II we must assent
to this right we may claim admission to the
southern ports 10 carry merchandise on the
American principle Of free ships making free
goods, while, if we deny the right, We shall,
DO doubt, exclude ourselves from the southern
trade .
Now, the treaty Of Paris provides that a
blockade, to be valid, must be maintained by
a sufficient force, and It puts an end to priva-
teeTing in Europe. The London Herald says
90 To recognise the treaty Of Paris would be
to make the Northsn States OF the American
Union powerless on the ocean," Yet this is
Just what the British i0urAal intimates its
government intends 70 force upon the northern
confederscT in The event OF war with the
South. Self preservation IS the first law Of
every nation; and as the United States no
longer eohere," and are no longer strong
enough 70 keep aloof from the public law oe
Europe the conclusion is that England will
be able to take care Of her own interests by
extending that law 70 the American continent.
Such is the danger and the degradation TO
which the country is exposed BY the insane
counsels which, for sake Of an abstraction,
have driven the cotton States out Of the Union.
We have disputed with her the sovereignty Of
the seas. She now exults in the anticipation
that that day shall have soon passed away,
and that Britannia, rssuming her maritime
sway, viii again " rule the waves" Il Is for
her interest that there should be two or three
eonfedsrscies on this continent. and she viii
not permit the North, il it were able, 20 con
qusr the South, and force a reunion by arms,
OF compel It through the operation Of a block
ade and By levying tribute upon southern i'm
ports.
The same policy is promulgated on the part
Of the emperor Of the French, whose organ
espousss The quarrel Of the South as "the vic
tim OF aorthsTn pretensions," and dsn0unces
the North as 'tbe sggressor," +" and as "eXhibt-
ing 80 much rashnsss and audscityD because
Il relies upon the abolition feeling Of Europe.
But imperial France warns her against the de-
fusion, and points to the present attitude Of
England, as "bsginning to measure tbs whole
extent OF the disaster which msnacss heF man
ufactures, and no longer disgusting the fact,
iz spite Of her abolition tsndsneies, that Der
commercial interests depend 10 a great meas
ure on the prosperity Of the South, while En-
rope has deep interest in seeing preserved,
at least temporarily, her institutions, now at
tackled with so much vehemence.
Il is thus very evident that neither France
nor England will permit blockade Of the cot
ton States, and that it is highly probable they
already have an understanding on the ques-
tiOn, ss they had IN the case Of the interrupt
tion Of their trade in China. And who can
doubt that their joint action will be equally
dsciEiTe2 Should tie President, therefore, car
" out the policy indiestedlin his inaugural, he
may calculate not only spOn a war with 6f-
England and France in less than six msnths.