Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-04-16

The London Times Our Domestic
Troubles Alleged Disposition in America
! 10 Ftake England Pay for Oar Warfare.
The London Times, received by the Persia,
lrenarks:
AS the political horizon in America grad
ually dHrkens, both sides are estimating the
probabilities OF future struggle fheSouth,
having been tTustedsImost up to the present
time with the management of the War De-
partment of the Confederacy, has managed
TO secure stores and money, for which it has
long been Intended to give no other account
than such as may be rendered by civil war,
and has cOntTived to place the North in a
situation in which it is deploraby deficient
il ships men and material. The South has
been clever enough to constitute itself the
executor of the eXliEct Federation, and has
appropriated to its own use ali the goods that
have fallen in its way, without any very
strict regard to title. .er-.
In the mean while the Southern Republic
boasts to have collected 60, 900 men, and to
be possessed of competent supply of rified
cannon. Both sides, however, are perfectly
aware that it is not by their present forces
that the struggle, if once begun, will be de-
cided. In these days it is not the longest
sword, but the longest purse, that controls
the destiny of war, aud both sides are strain
ing every effort to place themselves in a
cIedttable financial position. One thing we
may observe of bOth-that each of them
seems TO bave q salutary horror of the only
| really safe and respectable manner of raisiug
money, by applying directly to the people to
| supply funds required to advance the policy
| which we are told the people have deliber-
ately and unhesitatingly sanctioned.
| OF the eXpedient 10 which the North has
had recourse we have already spoken it has
| imposed on our manufacture and produce
| duty SO high as to be almost prohibitory.
| The North has hitherto carried on its mAehin-
ations with entire impunity, and the venge-
auce which should have been lanched at
the head of Jefferson Davis and his associates
has fallen, as is not unusual, upon England,
| the friend and we'll wisher of both parties.
| The South is emulous of 30 good an ex-
ample, and seeks to rival the North, which
lays a heavy import duty on our manufac-
lures, by putting an export duty on their
principal raw material. Thus, both sides,
agreeing in nothing else, are quite unani-
nous in two thiDgs-frst, the avoidance Of
direct taxes upon themselves and, secondly,
the desire to fix upon England the expenses
OF their inglOrious and unnatural combat.
We console ourselves in the belief that
this narrow and selfish policy will infallibly
overreach itself. 1t is quite in the power of
the South TO say that no duty shall be paid
upon imports from England. 1t is not in the
power OF the North to prevent goods from
being imported without paying duty. The
competition with their native industry will
remain, but the revenue that might have
been extracted from it will become the prop
erty OF the smuggler instead of the Govern
ment. .-
The case of the South is very similar.
For single year the consumers of cotton
may be made 10 pay tribute in the shape OF
an export duty TO the planters of Georgia
and Alabama. We ourselves in India have
conirived to levy such tribute upon the
Chinese in the shape of an export duty on
opium. But the English are not likely To
submit TO this kind of treatment with as
much patience as the Chinese, and the
Southern States must make up their minds
to pay for whatever funds they may raise in
this manner by the permanent destruction o.
their principal article of export. All the
AbolitiOnists of the North and West never
dealt such blow at slavery as she will sutfeI
at the hands of her chosen champions from
the imposition Of the tax upon the export o.
cotton. 1h s7 hna Ers nha 'islff l-- 17al