Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-06-13
rha rutnrs OF Yankoedom.

Elsewhere we copy from the N Y. Journal Of Com
Bsrcs an estimate of the expenses Of the Yankee Gov
eminent for one year. 0mitting private contributions
and wagons meicines cannon &c, the gross amount Is
put down at $500 900 coo. II another hundred million
were added for omissions, and rOgueres generally, we
should probably not be far from the mark.
How is this vast sum to be raised? Already the Gov
erlmen has shown its weakness by its inability to borrow
nine millions To meet its daily expenses, 1t has been
forced to resort TO an issue of Treasury notes Some 20
or so millions Of these have already been thrown upon
the market. They may shift for time; but
when $50 200 millions more are put out the whole Will
become worthless; and for the obvious reason, that
there reasonable probability that the Government
viii ever be able to redeem them. Its revenue is very
small now, and diminishing every day. We doubt If 1t
derives twenty millions from customs during the year
II the Government is bankrupt the condition OF the peo
pie is very little better The boased wealth of the North
is fiction 1t depends entirely upon successful manu-
factories and prosperous trade ALI its spindles are idle
its ships are lying up rot all its customers except its
own Government have deserted it. Its fine houses and
pleasure grounds yield no magnificent stores
are tax and burden-the specie in the vaults oil lis
banks will take wings and fly away The most grinding
direct taxation will not be able to exor from the I'M
poverished population enough to meet the expenditure
fer one year of war; The worthless treasury notes OF
the Government alone will be garnered by the rapacous
tax gatherer.
Now, we know enough of the material which compo-
4es the Yankee armies know that it can be maintain
ed by nothing short of hard money. The best OF their
forces have enlisted for rations and pay. Patriotism is
no stimuant them. If they not wefed and we'll
paid the service will lose all charms for them The sa
gscious Northern fully appreciate their position and
hence their nervou, appeals for short If they
cannot subdue the South and revive Northern trade in
six months universal bankruptcy, the disarmament Of
their armies and invasion from the South the proba
bilities that stare them in the face.
We have heard surmised by some who cannot bring
themselves to believe that Old Scott play the traitor
to Virginia that he has laid out this extensive and
peusve campaign for the purpose of breaking the Yam
kee nation. Without scrutinzing the degrees Of moral
y involved in the reaohery to his native State or to
his present employers cannot be denied that the scheme
would prove entirely effective. With defeat to the inva
ders, would come the complete collapse, pecuniary
political and moral, to the whole Yankee race. Indeed
without thorough subugaton Of the South, the same
disastrous fate is their inevitable portion They are now
living upon one another and making money by the OPP
Grafton e. money is changing hand; but without CON-
merce or productive indus y this process cannot long
continue Want and suffering and desperate military
Adventures from dsbanded armies will give the coup de
grace TO the Yankee experiment of free Government
with the writ of habeas corpus suspended.