New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-07-11
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asEa Ii NORTHERN aEs5E8 v ri.

Na4 Of Inc PEG Pho 81 inc AZ 10
the enormous debt with which 1t II, proposed 10
saddle them n the prosecution 1T she war shs
filla closes Ills oall ior four hundred millions, IL
his late message, BY saying that !. debt Of SIX
hundred millions would be less per head than the
proportion BIZ Tho debt for the Revolutionary war;D
and adds, surely the motive now II as strong as
] in the Revolution
1 We do not doubt 1t. The motive with the North
ii not only AS strong as in The war Of the Rsvcln'
/ ticn, but i great deal stronger. III the Revolu
tionary war the Yankees we're fighting (what fight
ing they did, for the right to govern themselves
alone. Now they are lighting for the right to gov,
I ern Other psapie. Not only that, bnt they are
fighting torstain in their control the richest and
best portion Of the former Gonfeaeracy, 50 that
they mag continue to plumber it in the future as
| they have been doing in the past They arc
ROW moved by two passions The love Of power
and the love of money and either is sufficiently
strong to incte them to the utmost exertions The
prospect that the Pactolian stream Of Southern
wealth will no longer rrigate their dry places AND
replenish their empty Golfers distresses them ever
more than the fear that the South will escape then
Legislative tyranny and oppression. The Yankees
have entered upon this war Of Southern subjuga
ton with more spirit than they displayed in '76 OF
in 1872 and with ten times as much as in the wal
with Mexico. They are & backward in coming for,
ward \ when foreign enemy is to DO met, but
when the people Of the South are to be balleted
and bayonetted, they are promptly on hand. a
people displaying SO much alacrity and thrsting so
much for the blood Of their neghbors, must DO inn
PEELED By the strongest sort Of N motive and
therefore Old Abe ne think, puts rather too fine
point upon it when he says the motive is only as
strong as in the war of the Revolution. 4
debt of six hundred millions, be thinks, is a
mere trae taking into consideration the object to
be reached. And here again we agree with him.
IL lie cenId conquer the South and restore the old
order of things II would be worth to his empire,
in the course Of half century many times six hun
dred millions. The cotton, tobacco and other
crops III tho South would soon pay the debt and
Tho machinery Of legislation could De 50 adjusted
as that an the profits OF Southern industry would
ennre to the North. Tariffs, and bounties, and
rnonopolies would soon deprive the South, more
certainly than they have done in the past, Of the
fruits of Southern labor. ltwould be as cheap as
dirt TO the North # it could conquer the South at
an expense Of six hundred millions Of dollars.
But, sx huudred millions is The estimate for only
one year of Does Abe expect to whip us ont
in one year II it requires two snonths to advance
five miles into Virginia from Washington, how
long BY the single rule of three, will IT take to
reach Richmond How long to reach North Caro-
lima How long to reach Georgia and Alabama?
For there rebels in all those States, and in all
the mountain defiies and Businesses from Virginia
10 Georgia. There are also supposed 10 be some
few il Louisiana and Texas. These have all to be
whipped before the South will yield If it is to be
done within one year there must be much more
celebrity of movement Az the close Of the campaign
than there has been at the beginning.
The South cannot be conquered in one year, NOR
war II to be prosecuted, then, at the rate Of six
hundred millions Of dollars per annum, we should
think the cost would foot up ateierably round sum
in the course of ten or twenty years. As to where
the money is to come from, the Gorilla seems to
think that secondary consideration. Half Of what
little they have had has been stolen by contract
ors, Cabinet officers and State Governors If Gov
ernment securities are worth only seventy six now
the prospect b not particularly brilliant for an in
crease ID their value when six hundred millions
more are put upon the market. Hence, when the
Gorilla recommends that the watsbe made & short
and decisive" we think we detect latent appre-
hension that unless thugs be hurried p his bottom
dollar will be reached before the rebels are sub
dued. Z
or course Congress will adopt the recommends
lion and endeavor to raise the money. What sue
cess VIII attend the effort shall very soon see.