Arkansas true Democrat., 1861-08-15

SOMEBODY HURT.-It Is a known fact that while the blockade has so far been of no serious injury to the South, it has ope- rated runinously upon the North. The blockade indeed has only served to develop the vast resources of the South and the great dependence of northern prosperity upon southern support. Without the South the once great and powerful North will soon sink into an insignifcsnce far be- low that of Canada The doom of the North and the high destiny of the cotton confederacy will be contrast for all time to come as monument of the folly, fanati- cism and avarire nf tho nnrtLern penrln and the wisdom and virtue of the southern.
 The following extracts from our ex- changes show some of the postrating eff fects of the blockade upon northern in- terests:
 "Thc Lincoln blockade is effectual at Lewiston Falls, Maine, and has stopped the cotton mills of that place."
 "It is singular fact that the price of cotton at the present time is much less in the Liverpool than in the New York mar ket.'
 "N is singular .tact" that New York merchants are importing cotton from Liver pool instead of New Orleans. Hence the high prices-legitimate effect of the block ade!
 "SCARCITY OF CoTToN IN THE MANUFAC- TURING DIsTRIcTs "A letter from one of the largest manufacturers of the east, re- ceived at St. Louis, gives the stock of cot ton in New York, Philadelphia and Balti- more, all told, at about 5000 bales, with no stock of manufactured goods on hand, while the stock in Louisville, Cincinnati and Pittsburg is nearly exhausted. The same letter states that the best informed eastern merchants are of opinion that in sixty days cotton will be worth twenty cents pound."
 "The New York World says that the city of New York has suffered by the south ern rebellion and repudiation little, if any, short of $50, 0,O0O,000"
 The high tariff on sugar to support the northern army cuts deep into northern pockets. An Illinois paper says:
 "SUGAR.-Extraordinary exertions, it is said will be made in the western States this fall to manufacture sugar from sorg- hum-partially with the object of evading the prospective heavy duties on imported sugar, and to supply the deficiency caused by the loss of the crop in Louisiana
 'sThe Cincinnati Enquirer states that the loss sustained by the pork packers in that city up to the present time will not fall short of S1,000,OO0. There can be no doubt that the blockade is effectual there."
 "The Cincinnati Gazette (black repub- lican says: 1t is no uncommon occur renee to hear merchant pork packer or general business man say he would willing ly give $2O,00O or $30, ,000 to be put just where he was before the commencement of the civil war'''
 "The blockade of the Mississippi has prostrated the State of Illinois. So far as Oul UuoluCoo iS ColCeiHeu, we are utterly and totally ruined. No part of the whole country has felt the pernicious effects of this war like Illinois.
 The first blow prostrated our banks, striking out of circulation at once all our money as effectually as if destroyed in a single conAagation. To fill this vacuum we had nothing but to move forward our inn mense supplies offarm produce, with which the State was literally crammed. This, however, was impossible; our great com mercial artery, the Mississippi, was block aded-not busbel of grain could pass.- With the Mississippi open to us, our corn would now command at least 50 cents per bushel, which would relieve us from our endorsements.
 Now, however, owing to the unconstitu- tional interruption of our trade, corn is worth 8 cents, not enough to pay expenses of marketing. Lincoln has indeed, 'assas-