, 1862-03-05

The Memphis AraIdnche Of the 225th ult., las
the following slender"
TIE CR1s1s-The recent triumphs Of the
Federalists have been achieved in pursuance
Of plan which they never sought to conceal
They very frankly ayowcd their intention to
a1pass from one hundred to one hundred and
fifty thousand men in Kentucky, aud they did
SO, our government looking on with strange
indifference. They promised to penetrate the
Southwest by way Of the Tennessee and Cum
bcrland rivers, and they did SO; even the local
authorities, with marvellous and incxplicable
sense Of security, never seeking to place Oh
struclions in either Of these water courses
to the progress Of the Federal guntoats.
They declared their intention to capture
Forts Henry and Donelson, and they have sue.
heroic resistance, especially in the siege Of
Fort Donelsen. Thus far, it must be confess
cd, the Federal programme has been faithfully
carricd out They have boasted Of their abili-
II to take Columbus, ahd possibly they may,
although wc hare some hopes that that strong
the occupation Of Nashville, and they haYe
succeeded, so far as actual achievements are
concerned. It is undeniable thstthe Yankees
have at complished precisely what they orig1-
pa,gu.
The effect Of these successes on the enemy
must necessarily be of the most exhilaratinR
character. We know that tho Yankees arc
naturally sanguine and boasttul, and easily
elated:. A single triumph throws them into
really occurred, will induce them to belicyc,
in The bound1eSs joy Of their hearts, that the
revolution is on the point Of being crushed !;
that the way stands open for their armies to
1uareh into the very heart and centre Of the
Confederacy; and that 4 few weeks will witness
the complete TERMINATION Of the nine months
/ struggle. Under such Impressions. vain and
illusofy as VIC know them to be, the univet-
sal Yankee nation will bolster up willie long
CT the tottering fabric Of their credit and com
| merce. They. will stand the pressure Of pc
treasures to their mendicant administration,
| and will accept Its paper promises based
on the expectation Of a speedy and signal
| victory. We anticipate, therefore, no re-
| taxation or embarrassment in the prcpara'
On The contrary, that encouraged by success,
and inEFiritcd By the belief that display ol
| additional energy, and the combination of the
| entire military and naval resources OF the Gov
erD1nent, will assured1y accomplish in a few
weeks the subjngaton Of the South, every
object. North, South, East and West-at
Richmond, on the coast Of North Carolina. on
that OF Sonth Carolina and Georgia, In Kca
lucky, Missouri and Tennessee, on the Gulf D.
Me2ico-at every available point, hostile de-
morstrations viii be made. The anacondz
viii tighten its folds around Us in thousant
coils, and endeayor to sufIocate and destroy u:
with mighty pressure.
We have confidence so boundless in tht
strength, courage and resources Of the South
thf 1T We can contemplate this fearful picturi
i without apprehension: Herctofoee We hav'
thought too lightly Of the power Of the enemy
/ and hare fooGshly imagined that he must b.
invariably worsted. Our recent experience ha
disabused our'miilda Of these graTe and mis-
chicyous czrors, aud has taught us that, If "
fn- Ln.n L..
we lsust act as If the precious boon wae to b
the gue1aon of each mans Individual cxertion
We now know wllat we eInust do in order t
cope with and overcome the tremendous fore
ii of or assailante. We must make 4 eupreu
s ke ma q. III Hs mas. x.s1 .see r.. a aG.av u.
4 OF the South znuaL b. en- Nsasss. =. 49,. >:
I; VIC must meet the, ,cacmy iasuch stTeugt'