Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-11-26
wAIch Can Best Afford to wau-Tho North
mr. the 9Outhe

oEhhg ENNAhN
Our kipsfolks across the water have seen |
but one issue TO the rebeIlion-the breaking |
down of the North from its want of the sim |
ews of war. This is a simple argument with |
Mr.. RUSSELL the correspondent OF the Lon
don Times, who tells his principals that the
South can afford TO play the loditiag game
much better than the North. When a par.
tcular result is desired, O conclusion that
favors it is very apt to be adopted with very
little examination or reason. The wish to
have it so supplies the place Of proofs. But
these, it happens, are directly opposed to the
positions assumed. What does the North
suffer by waiting2 Only the burdens of the
war. Its internal aud foreign trade was
never more active. Labor is everywhere
tIee. productive apd well rewarded. Our
banks we're never making money faster our
railroads were never transporting so much
freight, or earning 80 much; the North never
had more bouutiful crops, and never got so
much money for them; even the vast burdens
of the war, the expenditures reaching
$1,000, 600 per day, are not felt to be a
burden. On the contrary, they operate as a
| great stimulus to business and trade. The
burdens will not be felt until the war closes.
There wss Iever before so much gold in the
country, and money, for months past, has
been most abundant, and was never more
| plenty than at the present moment.
so long, consequently, as the North can
| borrow, the expenditures for the war are not
burden. How is it with the South? 1t
| devOtes itself to one great staple which il
l. can not eat, nor drink, nor convert into
| forms fitting it for use. Nearly every bale of
cotton raised has to be exported beyond its
| limits. The proceeds of this sustained South
ern society-not only fed and clothed the
white man, and gave him all the luxuries he
enjoyed, but was almost equally the support
Of the negro whose clothing, at least, was
| a1l F,v-v Nd 1,nY, Nl,o naNh ~
staple-this staff of life, which was food,
clothing and shelter to the South-which
was the means through which it supplied
| itselfwit every thing but raw cotton, is 10
effect instantly blotted out of existence. We
should like to ask Mr.. Russell which party
can play the Uditing game with the least
harm and sulfering-the one who is over
flowing in means, or the one destitute of
them-and not only so but whose Incidence
and incapacity will not tallow him to take up
auy new trade or industry to make up for
the loss of the old2 For our part, we do not
see how people are long to subsist when
their means are destroyed; nor do we see
how the latter party can long be match for
the former in contest in which the longest
purse is sure to win. 1t is a maxim in war
that success is in ratio to the means of the
beliee1ents. The North, in time of peace, is
tenfold richer than the South. There can
now be no comparison between the two,
because the war has destroyed what means
the South had at the commencement of it,
while it has left those of the North unim-
paired.
Epglishmen seem to have acted upon the
idea that the North was the only party thai
: needed money for the prosecution of thu
4 | war. The reed is mutual one. Mr.
Stephens, Vice President of the Confederates
in canvassing that cheat and humbug-tht
r produce loan-told his audiences from every
} stump, that to resist successfully, they mus
oppose the North with as many dollars a.
the latter could raise. The North can trans
port soldiers and fill their commissariats a
E vastly less cost than the South. The latte
have not been able to raise one dollar to ter
raised at the North. Its labor is almost en-
l tirely unproductive; all its banks have sus
pended specie payment; its currency is Con
federate bonds, irredeemable bank bills, o.
shinplasters printed on wrappipg-paper, q
once the symbol and evidence of its poverty
Even the produce loan that was to be tn
, salvation of the rebels, has, like all thei
other shams, entirely exploded. Their Gov
l eminent was to realize when the planter did
r The happy day for him is as distant as evel
: The rebels, in their rage and frenzy, ma,
make will and fear of disgrace for lonI
time do wonders. But passion will not al
- fee it has created instantly tumbles int
, ruins. Such will be the end of the wal
II The rebels, every where destitute of adequat
# means not only for the prosecution of th
,e war, but for the support of their population
N are everywhere struggling against hopeleS
~ odds. A few months more will lay bar
"a their nakedness, and the shams that have dc
e luded both themselves and the world.-Ne,
;. York Times.