The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-07-21
DIScov RAoEMeMr OF TIVE REstls.
winnings OF Secession JournaIs-Despair
OF Aoh foviny Southern Indepe ndenoe by
Force OF Arms.
r tha Charla nf AL
From Che Charleston Mercury or July 81
re- ACE


COTTON Is PEACE.
The Confederate States have four ins,rumenates
to win them peace and the acknowledgment Of their nae
pendenoel Negotiation 2. Fighting on The seas, fIs
Iaeering 3. Fighting on landi and, q co1o"
Tioo Of hsse Observation-Disclosures hare id,k6 Nesosn.v,
by which should have obtained tho promP. ashno"
ledgment of foreign nations of independence, aaa
thereby PROVE the desperate nature OF the war On VIZ
Of the United States end tive have not ootained we
NAV hereafter negotiate very successfully with the great
European nations when negotiation no necessary 70 ana
us In assuming the position n as m na % a,
OF our cotton shall foment thor necessities ana con-
troll their recosnon-eM ne rec o9ees yor wnns Ms .a 1r
also failed Pyrasetng as means 10 coerce peace by
soeo ne shipping Of ne Unised States from The seas is az
an end France Great Britain and Spain have prohibited
our privateers from carrying their prizes into their pors
md we cannot bring them into own, for they are
s sos either in The norris Of foreign nations or our own
prvaeerrg cannot be successful in Its money making re-
suits aud consequently will be discontinued The Cont
mission is therefore, complete failure These nations not
only decline friendship, bm refuse as rights If courtesy,
to ,chich, belioen entitled under the c'cs and
usages Of nations. Whether our Commissioners in
Europe wore authorized instructed to demonstrate
against this phasis OF peaceful neutrality
which operates IN q most unfriendly and hostile
posed any counteracting policy TO prevent 1t, OF
course do no, know In Spain, at loastour nearest
heghborthere have been no circumstances against II,
for our Commissioners were sent TO Great Britain France
aud Russia, but not TO SPAIN
ThsLc other insrumealies 10 coerce iadep7idece and
Seacs-fghin1 land aud ccoa-yenrdn still % tAc Con-
iedsate States Of ne hco, Judging by the mdnner the acd
has bean ssaugrated and conducted up 10 This lime
think cotton is The most reliable. Fighting on land may
go long time without any decisive results. We II
stated 10 the papers that the President Of the Confederate
decidedly OF this opinion he coea pois fire
years In our Judgment, i've years is inn
possibility either tho part Of the United the Con
Tolerate States Both will be parayzed and ruined long
before that time But It Is not impossible short Of that
time, after elaborate and dlatory preparation and pro
tracted drilling both Sides TO have battle after battle
for many months TO come without ending the
Cotton Is far more speedy and certain i, is oeyaiion
not confined 10 It's influence TO the continent Of North
America II extends TO Europe and appeals TO all cvilz
cd nations to put an end to war which prevent
piles necessary 70 the subsistence Of millions OF their peo
Pile. We have only to Withdraw Commissioners, dis
miss ell the foreign consus from ports and hold to
cotton and the armies Of the United and Confederate
States constitute but small portion OF the population to
be killed by the war between them Starvation In Europe
will destroy Afy times more than rifles and cannon
in America And It must do speedily In SIX mouths
there must be innsnse distress and In nine months coaa
ytoss, political commercial and social IN more than one
country Europe II the cotton OF the Confederate States
Is withheld from x.ortation. We rake The foreg,
against the United States put end the which
intorferes with their necessities and welfare Neither to
Great Britain nor France would war with the United
States be half disastrous the deprivation Of the
cotton Of the Confederate States The of the
United States Is nothing to them On cotton therefore,
more than diptomdey-oa cotton than fighting
land do rely for coercinp The recognition foreign
nations Of che independence Of The Confederate States and M
But II we prohibit our cotton and tobacco from oxpora
top what win We do with IN
We can do great deal with H. II the prohibition Of
Tho expectation Of cotton nerfores with the financial
pperAton--now going onof pledgng certain portion OF
the cotton crop to be sold and 10 be vested in Confederate
bonds other expedients based cotton, be easily
xos0rted TO- cotton be exported Is ought not to
DO sold for 70 sell II will be sacrifice No will give
shs full value Of cotton which he canno, SELL but ill be
obliged 10 store. II lie purchases cotton under such
oumstances, II win be AZ diminished price on specua
zion a. 70 the durability Of the And thon the
purchase the cotton will be by the reserved capital
tho country, which is chiefly In bank. The banks viii
practically purchase the cotton al speculative sacrifice
ftb will put banks and the country in very danger.
ous and perhaps antagonIsc position IF the government
Of the country prohibits the expectation oil all cotton fro
ports, II ought to provide the make the
ace az light possible 10 tho proprietor Of the cotton
and to the government, which relies upon as source OF
revenue Both Of these objects may be accomplished in
several ways