Newbern weekly progress., 1862-04-26
n0UGM NOTES.

=
when the rebellious States first. started IN
their present reasonable operations, they were
encouraged to great degree, by the erroneous
idea. that their rope of sand would be recog |
nized by the European powers, ana thus
their visionary schemes wouldbecome reaiity. |
This sh;mera has exploded A year has pass
ed away, and their experiment has proved
miserable failure. "A load of debt has accrued
to the rebel leaders; defeat and disasters 70
their arms and famine and destitution to the
masses of southern population
How long can such state OF things exist
Even now, their notes ON scrip is worthless,
or at most, you can obtain but 30 cents on
the dollar. Their treasury is bankrupt, ana
their supplies are cut off by the blockade,
and the planters are neglecting to put new
crops into the ground. Everything is at iaou-
lous prices,-take salt as an example. In
Virginia it sells for $3.50 per bushel, while
the same quality can be purchased in the
lovai States for 80 cents; coffee is sold for
$3.50 to s1.75 per h., loyal price IA to %
cents; tea $4OO per lb, loyal price, 40 cts.
80; shoes Sc to $s per pair, loyal prices,
n.ss: sugar 38 to 40 cents per lb., loyal
price to - cents; boots $3.50 to $1,000
per pair, loyal price, $500 to S7.oe; molasses
$3.50 per gallon, loyal price 25 to 80 cents
All other articles can be obtained in about the
eatne proportions. At the South, the seller
receives in return for these goods miserable
shin plaster currency, representative OF an
ideal, without any foundation or backbone,
resembling more the baseless fabric OF
vision. than any thing else we can think OF in
the world. The South has been perfectly
inundated with this trash which cannot and
never will be redeemed. On the contrary the
loyal States have sound and reliable curreF1-
CIV nm unboundcd and substantial credit at
home and abroad--pay Eor these things in good
substantial gold and silver, without paying
fifty or seventy five cents premium for specie
All articles Of consumption in the loyal unlor
are to be had in abundance, and at prices
within the reach Of all.
Since the occupation of Newbern by tn
federal army, prices Of many OF these article
have undergone great reduction, much t
the relief of the inhabitahts. Our army sut
lers charge much less than one half of wha
was formerly charged under the secession
rule here, by the resident merchants.
The rebel leaders still labor under the insan
idea that Cotton is still King. That cotto
would be an acceptable article, we are nc
disposed to deay, but our en:erprising mani
facturers are already importing Etheir ra'
material from England and other foreign parts
They will obtain what they want withou
trucking. to rebels, and they are doing il
Cotton has ceased to be king. and the powe
so long held by the Cotton States, is no.
being held by the grain growing and loo
producing States of the West. So the scepte
has departed from king cotton, and king graf
and king food have divided the power betwee
them.
The facts we have narrated above in hast
tesultory manner, comes home to the doors
every man in the rebel domain. 1t is que:
tion of patriotism of dollars and cents, arraye
against unblushing treason poverty and de
titatfon. The Federal Union is abundant
able to carry on the war, and also to exter
the blessings enjoyed under its government
tho Inhabitants of every State. Food al
clothing are abundant, at prices within Il
reach of all. Labor is in demand, and ia
wages received. IT patriotism is left out
the question, pecuniary policy would dicta
an adherence to the Union, but such an adh
renee without principle, would be vaiueles
But then it is an efficient lever, and where
mans peeuniary interests have been advance
he il pretty likely to remain constant
true. As We have stated before, famine a
destitution and pecuniary profit will prove
powerful element in tho reduction OF I
rebellion
Carr. MEssI, GER, our Provost Marsh
made descent, three or four days since, up
the nremises of a Mr.. EnsleY, who has be