Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-06-18


We learn from a gentlem who LETT New York
N Tuesday VI last week that the reaction of the
commercial com Hunty IN that clty, Of which men,
ion u Ade II an extract pub ished by on
thursday from private letter, has fairly set in,
ud threatens 10 emDarrdss the action of the Lincoln
government very seriously, by cutting of Is fnan
cid resources.
The Washington Administration is now literally
dependent pom lOlGs. which must be offered and
AIKEN up 10 nm extent unprecedented in our history
I the u ,iinst the South Is to BE- prosecuted
The customs revenue al the port Of New York f r
Lne month of May averaged htte less than $50 600
Jer day. which Is equivalent to az annual income
rom that source OF about Sc 100000, or less than
,Ee-fuUrIh OF the income so received in the disas
rOus year Of lG5S. The revenues of the other
United States ports, combined with that Of New
FORK, h1r lly, therefore, put into the preaur
n all the res Of the year, The sum OF SIS QUO 600
dr. Case has already minated his intention OF
skiing for a loan Of $4,000 0J0 at the opening %
sesSi n of Congress. in aduition TO the Sl4 COO
100 now offered IN Wall street. To this we must
i'd that tie States Of the North now asking for
eptrI,e State loans have come into rivalry with
hr Guverument for not l,ss than 81 600 OOJ
United states securities having drclIu d from 81
"a MAJ ca q, To IS on May a, are new OF ring
4 aud il the cal ulItiun OF the most sagtriDu-
in Inc.ers that the Secretry OF the Treasury VIII
o. b. able 10 dis pose of his next loan at rats
b0vr IS II indeed he be not com. e'ied TO accep'
,ower figure still As the actu q eS lerse OF IN,
IIverpmenT, already Incurred. Will reach BY III
III or ia y an amount At least egU Il TO the whole
um wnich can be raised from the loans alread,
ect5d It is at all surprising that intelligent
nen in New York, looking into the near tuture
hould begin TO tremb.e aE the financial prospect
'efure them.
Private - absorption for war purposes. Of which
. instantaneous parade was 70 lde after the 10Th
u Aprli, have nov am ,ss entirely ceased. fnr
sum OF $50 900 being asked for early in May BY
he /. +. BAR. OF &. Louis, to equip Union
-egiment in Missouri, no more than $3.50 had been
,ubscrl5ed by the 5Ih of June and OF this sum By
ar the greater proportion hsd been offered BY the
members OF ihe Uuion Defense Committee" Gus.
ON House officers, and other public functionaries
n eXplanttUn of the past "UaIalnntv > as well
ne coming dissenS0a" N the war sentiment Of
New York, 1t should be remer bered that between
the 4 h Of March aud the 70 h OF April Mr. Lin
"Olns Government had assiduouslv devoted them
elves. through the vast Federal patronage of the
New York Custom House, POst.fice Sub-Treasury
and Navy lard TO create a subsergisnt army
Of opinion makers
The eighteen hundred policemen of the city, ap
pointed as r. publicans under the Albany Metropol
Commissioners were also at the disposal Of tht
administration, which further controlled no less
than four Of the leading journals, all of which we
applicants in the persons of some of theIE staff f
Federal u1hce. Under the pressure Of this trenen
iOus organization public sentiment" was Great
ed immediately upon the receipt OF the Presidents
'roclamt u9n. which swept eye ything before il
Little persuaded OF the Uni-y OF Southern feeling,
aud anticipating speedy reaction against secessl
South from the display Of force by the Admini-tIa
ion-tbe commercial community of New York b NV
d 10 the tempest of popular and partisan clamor
That tempest las now spent much of its force; vi
utet rs are returning dissatisfied and exasperated
fld their families suffering and their occupation
gone and the duance of the great cry lifts up lie
iead to see into vhs' guilt il is rapidly drifting.
The return Of thc Seventh r. giment has contrb
Ited not little to affect public opinion unfavorablJ
% the policy of the Government. The laborIns
lasses not unnaturally 5rgin to complain that tbs
gentlemen soldiers first coyed them into ser
e. lOr the war, Gnd then quietly withdreg. ard
eft them TO bear the brunt at be business W
Ist this feeling may be. il exists and is X
rIing silent but pow CRU il fusn in favor Of
turning common sense.-Chrs. CyaTig, Jsns u,