New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-05-20
E.tslNNaNSs no FEE Ls.

The Norsnern Aholitionists are beginning to feel
the consequences of the wicked war they have
causelessly inaugurated against the Southern peo
pie We see evidence Of this in numerous quarters.
Had they thought, as they are now commencing to
think, before they acted, they might have pre-
vented the loss unto themselves Of hundreds of
millions Of money and scores of thousands of men.
The Albany IN. W Argus is one of the most
influential Journals published il the interior OF New
York. A late number says
| What will Congress do? What will be left for
| Congress to do? In the precipitation OF affairs
i there does not seem to be much discretionary
mower left to the Representative body, in regard
4 to war or peace to military or naval armament,
/ Or to anything else except the use of the public
credit.
What will Congress do? Repeal the Morrill,
| Tariff? We hopesu. New ork is more blockaded
port at this day than any South Of it, 1t suffers like
besieged city. We do not see the visible battering
down of walls, or the explosions of shells, or the
destruction of multtndes. And vet the work of
ruin goes on, though silently, almost as etfica
ciously Real estate falls, rents fall, houses are
vacated, mercantile credit is ruined, firms are
prostrated. The city is beleagured from without
| By It's tariff, and assaulted within by the war.
The people of New York stand it heroically, and
yet there limits to their endurance. Why should
notone avenue of escape or access be left open
| why, when the inland commerce and the coast
trade are sacrificed to the exigencies of war, why
not open freely to them the avenues OF foreign
teommerce?
| This will be the first duty of Congress. The next
| to provide for the public credit.
This war will cost hundreds of millions, and the
means Of carrying it on can only be obtained by a
resorsto loans At present, expenditure goes in
/ advance Of appropriation; and the Congress is
only called to foot the bills already run up. This
i is not the normal nor wholesome order of legis-
lation, and Congress will have to reverse it.
1 The g Congress 2 spoken of means the Lincoln
| Congress, which viii be convened in extraordinary
session On the 4th of July next. The Albany Ar
/ gus, while admitting the widespread ruin that is
beginning 10 prevail in the North, evidently thinks
| that the Lincoln Congress, by repeating the Nor
ri tariff, can afford speedy and effectual relief.
| TO an intonsiderahle extent this may be SO. But
will the restoration Of the tariff Of 1857 help them
1 importantly No. Before the 4th Of July arrives
the Montgomery Congress will have established Q
revenue system which approximates free trade so
closely that it will be recognized as such by the
nations Of Europe. Can the North afford to adopt
| the Southern free trade programme in order to
compete for the commerce Of the Old World? We
think not. Import duties must hereafter consti-
tute the main supporter their extravagant Govern
| ment, as it is clearly apparent that they cannot
stand the oppressive burthens of direct taxation
upon an already Frustrated business. Turn which
ever way they may, great difficulties confront them
Lincolnis accnmuatng q huge national debt on
their heads. The South meets them in arms, and
opens her ports the world. They have lost their
best customers forever and ever. and their Govern
\ ment seems determined to rush them headlong
| into the abyss Of fathomless Insolvency.
In addition to this, under the best state Of cir
cumstances that hereafter arise, the prospects
for the North are gloomy indeed The separation
IcEannels Hereafter, the N orth will only be able
to import in the exact ratio of its exports. The
imports will have to come to the cities whence the
exports that pay for them go from. New York
and the North will be obliged, henceforward, to
get along without the $3.50, GOO, 600 Southern ex-
ports, and to confne themselves to their own pro-
per resources. This will give the North an import
trade Of about $780, 100000 while that of the South
will be twice and half that amount. New Or
leans will become the great importing city of the
continent; and Charleston, Savannah and Mobile,
will also import to greater extent than any
Northern cities, with the exception, perhaps, of
New York. Consequently, under any tariff sys-
tenn they may devise, their revenues from import
duties must be small comparatively speaking
of all proportion to their heavy governmental ex-
4 penses and vast debts.
4 Weare well aware that New York is more a
l blockaded port at this time than New Orleans
| will be during the ensuing week or two, when we
/ expect Lincoln will have half dozen or more
i ships off the mouths of the Mssissippi-food for
the yellow fever and other climatic diseases. This
| will cause some general Inconvenience and ind
vidual loss, but the people of the South unlike the
North had cooly calculated all these things in ad-
! vance, and are prepared accordingly.
Well, having drawn sufficient attention to the
| article from the Albany Argus, showing the uni
Versal distress and prospective bankruptcy that
exists there-We, of the South, can put our hands
upon our hearts, look boldly in the face Of Heaven,
and trnthfnlly declare that we had neither lot
nor part neither wish inclination, to bring dis
asters upon that or any portion of the country.
Our cause is right, just and honest. We have only
asserted the fundamental principle of our nstitu-
lions. We have only indicated the inalienable
right to govern ourselves set forth in the Decla-
ration of Independence, without warning upon, or
| in any manner seeking to iDjure, the North. That
is oil. Nothing more-nothing less. Yet, the
righteous North proposes to subjugate us to their
| vile domination, with fire and sword because of
the assertion of the principle which Jefferson wrote
down on the imperishable Declaration, and which
WASHINGTON enforced during long and bloody
war.
We,We imagine they will have good time
Of it before they get through. But why do these
Northern braves keepus so long waiting?
SOUTHERN AMERICAN PARTY.-The nominations
made by the Southern American party for Comp
troer, Recorder OF the Second District and mem
beers Of the Common Council are elsewhere pub
lished.