Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1861-08-02

THE FRUITS OF THE RECENT VICTORY.
1t would be difficult. to over estimate the
result of the recent glorious victory which has
been won by Southern arNs. The capture of
sixty pieces Of artillery, twenty thousand
stand of arms, nHl five hundred army wagons.
with numbers'of horses and large quantities. of
provisions, is in itself n great achievement !;
adding greatlyto our strength =, at tie same
time that it nfiicts q great loss upon this ene-
my. It supplies us at once with an abdnlant
outfit for an arny-tlIe finest pieces of ar,il-
lery on the American continent and guns and
ammunition, of which we were greatly iu II eed
and which 1t would have taken time aud mon
oy to have furnished. These acquisitions W i'll
give early and great efficiency to the Confeder:
ate forces, and enable us to furnish equipments
at once to- large body of additional troops.
The moral effect Of the victory is inca lcula-
ble; inspiring confidence at home, and giving
US character;abroad. 1t will rebuke treason,
confirm the wavering. inspire the timid, and
add new enthusiasm to the patriotic ardorsof
the gallant sonssof tho South 1t will give a
new impetus to the volupteer movement. and
from every hillside and valley of the South
fresh troops will flock to the soil of Virginia,
to roll back the tide Of invasion, and if need
be to carry the war, into the enemy's country.
Upon an open field and in fair fight, the pick
ed regiments Of the North, outnumberiag us
more Than two to one and largely superior in
artillery and nall the appliances of war, have
been ANONYMOUSLY routed. Regulars Of the
American army and veterans of the Mexican
wnr, have been beaten by raw volunteers, and
have been driven from their famous batteries.
The grand army sdemoralizcd- its character of
invincibility: gone-the reputation Of its com
mnnder tarnished. It's defeat has been like
that at Waterloo; the retreat as that from
Moscow.
The defeat will be as depressing to the
North as the victory has been inspiriting to the
South. THE march to Richmond" has proved
to be something more than holiday excursion,
ora pleasant summer campaign. Instead of
receiving the promised 'Booty and Beauty"
the ruthless invaders have been welcomed to
"hospitable graves" and have realized the in
vincibiity of>a bravo people who fight in de-
fence of their altars and fircsidos. The idea OF
ending the war in few months Is ut an end
the stern logic of events has dispelled the de.
lusion. The fever for volunteering has reach
d it's crisis. and is over: Lincoln may call for
his 100000 of fresh levies. but except from for
eign mercenaries, he will find it difficult to re-
cruit'h is ranks :s,.
The credit of the Government will partnke
OF corresponding depression, and Lincoln
will findft difficult to sell his bonds at any
price. The scheme Of direct taxation, recently
adopted by the Federal Congress, is an eyi-
dence OF the wsvering credit of the Govern
ment. This will impose unusual burdens, and
provoke its attendant odium. With a pros
pect of long war, and the sacrifice of every
industrial pursuit, the North will be brought
to "sober second thought" ( The. recent victo.
ry is the first great step to the grand result
The North cannot sustain protracted strug-
gle. i"