New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-05-11
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4
The following paragraph is extracted from d
long aud bitter editorial article, which appeared in
q late number Of the New York Times:
Tdr, moreover, liberates The sydue. The North
mas been most reluctantly forced into this contest,
Whicf 10 the already diminished value of its proper
ty has cost greater sum than the value of every
negro in Virginia. We are not going to end it till
Sye have guarded against the recurrence OF q sim
liar outbreak. This is the talk of the man of bust
ness, the manufacturer and the merchant, who in
The outset were almost unanimous against any step
that threatened hostilities, and sympathzed to
great extent with the South All now call for d
ftltdt settlement.
Thus il is that an All-wise Providence confounds
political villains, and turns their deep-laid schemes
OF plumber and oppression upon the South into
Instruments of damage and disgrace to themselves
According to tine Times the ruthless war of the
AbolitioRists upon us has abeddg cost them g a
greater sum than the value of every negro in Viz
GINA. Y Then they have lost about five hundred
millions Of dollars. We are sincerely glad of this;
but are unutterably rejoce in the conviction that
they have hardly trod upon the vestibule of the
temple OF mmedeable destruction into which their
own wickedness will force them to enter and abide
| They have not. in fact, even begun to walk in
the paths of AFFECT humiliation the future has ire
vocably in store for them. 1t is quite evident,
however, from their ferocious rawlings brutal howl
ings, and insane procedures, that the leaders of
| the viest and most detestable faction that ever
cursed the earth in any era of its history already
begin to see clearly the near approach of their
| ignomnions doom, and are endeavoring TO excite
| their deladed followers to the highest pitch of
madness in order that a war Of unexampled
feroeity and deadiness may tend to hide some por
/ ton of their shame.
But, says the Times g War, moreover, liberates
the slave Well, tie liberation Of the slave would
/ do away with the production of cotton, and doing
! away with the production of cotton would deprive
/ New York Of at least two hundred millions Of dol
| lars Of On annual export, which. to that extent,
| she has used to pay for her annual imports. De-
prive her altogether Of the use Of the exports of
the South, and her imports must necessarily dimin
ish seventy five per cent, and the heels of this
dminution would follow an absolute loss of South
| ern trade. This would take from her the CONNER
cial greatness she now enjoys; and the best she
could hope fer would be to retain the position of
sixth-rate metropolis. All this would attend upon
| q triumph Of the Abolition-Lincoln war and the
liberation of 1.-THE slaye.,i The Times certainly
invites its commercial readers to singular sort of
entertainment.
/ The Aholtionists are not going to triumph. On
| every important field they will be defeated; and
/ the sooner they acknowledge our independence
and make peace with u.s. the better for themselves.
i The reason for this is obvious. II they ssback
/ down now, and do the decent thing, we may
patronze them to some extent in the future, and
II allow them a few bales Of cotton to keep their
manufactures going on very short time. But if
i they will wage Wanton, wicked, causeless war,
i upon rs, they will become worse off than though
the slave was liberated in accordance with the pro-
j gramme Of the New York Times. They will be
/ whipped almost to death on land and water The
slave will continue useful as heretofore, and boun
tiful crops will make the South rich beyond com
| parison. Southern cities will import exactly in
proportion to their exports which will make all of
them grand emporiums of commerce and gigantic
centers Of capital. Not a bale of cotton will be
permitted to make up the freight of Northern
ships Not pound Of cotton will be allowed to
keep Northern spindles going and Southern trade,
of every kind and description will be inexorably
withdrawn from the free States.
SO, In either event, to use the words which com
pose the heading Of this article they make ..ther
own destruction sure n-or, to say the least, TAX
ing the best alternative that presents itself to
them, are vitality injured. If they triumph over
US, and e hberate the slaves,n they destroy them
selves as merchants, manufacturers and maritime
men. II we triumph over them, as we shall, lust
as sure as there is GOD in heaven it is not likely
we shall be extraordinarily loving towards those
who wantOnly essayed our destruction, and sought
to bring death and dishonor into our households.