New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-13
Z CONFEDEEsATE RESOURCES.

Referring, yesterday, to the declarations of Mr..
Russell and the London Times that the Confederate
States were . very POOR we showed clearly, as
we think, the entire falsty of the assertion Ad.
uniting, for the cake of argument, that it is true
the conclusion follows thatthe South mnst bemost
terribly in earnest, to oppose half the number OF
people, without resources as is claimed, against
/ the rich, populous, and fourishing North.
~ the Northern people believe what they asser,
about this matter they must see that their claim Of
e division among our people is altogether I'm.
founded. Because it is absurd to. say that there
Should be any difficulty about cenquering q people,
majority of whom are said to be- on the side Of
the North, and the remainder without resources q,
resistance. 80. 8.s - 70 ! !.
It's sufficient to say that the statistics show that
the assessed property of each section of the old
Union pc divided equally among all the citizens of
sacn, inc proportion Of each Southern man would
I be asont double that Of each Northern man.
The census Of 1850 shows that the Dix New Eng
fSland States increased, in population for the ten
years proceeding, four hundred and twenty-fonr
thousand Six Southern States, Of about the same
population as those Of New England, increased
within the same ten years eight hundred. and
ninety-fye thousand or little more than twice as
many as New England. It is not natural nor rea-
sonable that country cursed with poverty should
| thus swell Its population. tsyga ssgiasp az ~
Bat what constitutes wealth! The wealth of
the North consists, in great measure, of maniac.
turing abishment ships and houses. But these
things are productive of wealth only under certain
conaiaons and circumstances. In times like the
present, they are worth little. They will be worth
little even when peace is restored. When there ii
no market for manufactures and no commerce for
ships, all the money invested in such becomes
dead capital The distress extends to real estate.
except such as is used for purposes Of agriculture,
and what was regarded as wealth, at one time. be-
comes utterly swer thless at. another. W. "a
The wealth of strictly agricultural community
is, however, except in times Of var, q permanent
reliable and tangible thing. Nothing but war de.
pReciates it.. A nation like the South, capable Of
living within itself that s, supplying from It's
own soil and BY its own industry all the comforts
and many of the Injuries Of life-ean hardly be
said to be poor, even in times of war Il "a
The masses Of the Northern people are prompted
to sustain the war mainly by the innate fanaticism
Of their nature, but the politicians and the com.
mercal men, in addition to this stimulant, know
row much, in strictly money point of view, the
North viii lose by the Independence Of the South,
ana hence their uneoEtrollable rage and their
blood.fhirsty dispositions Lincoln himself refer.
ring to Southern secession, publicly exclairrs.
- : tone OF anxiety and despair, "What viii
neeeme 4 OF my reTenue7" There is nothing
that interferes With the trade of the Northern
cities with all transatlantic countries, and vet
We Know that trade languishes throughout the |
North, that the importations amount to little or |
nothing, shat the Government has lost its main
source Of revenue, that commerce is at a dead |
lock. st'S * SUBSTITUTES $a6Sa#
There is no installing the cause OF this, and that
cause aiesn the simple fact that it was Southern |
productions that gave vitality to foreign trade. as
respects both exports and imports. The Yankees
are ashamed to ayow. this-ashamed to saw that |
they are fighting us only that they may have us I
back IN the Union to plumber US as beforehand 40 |
they resort to the monstrous lie that this Southern
movement Is. only a rebellion Of a few people |
against &fiie wishes of a majority, and therefore
must be put down. We donot think there would
oeso much anxiety to keep in the Union as 'poor,
country as they falsely charge the South to be-.
Ihe London Times, some time ago. said that our
cause would rest on higher ground if we were to
'nt 1t on the exaetions and expressions of the old
Union N It's revenue policy rather than on it's anti
lavery crusade. We put it on both Of these and
n many others besides. There are not a few
eople IN the South who believe that if there were
ot slave in the country, ample justification for
ur course would be found in the Infamous leqis-
ation8 which has, for years. forced the industry
nd wealth of the South to be tributary,sto the
forth; and made us their hewers of wood and
raWeFs Of water. esg,ys