Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1862-01-16
The Bull Runs.

Some months since the correspondent OF the LONDON
Times augured badly FOR the chances OF an early peace
while the military reputation of the Federal arms was
enveloped by the cloud which the affair at Bull Run
cast over it, He said they could not afford to gat out
of the war in a moral Bull Run"
If that be correct then indeed we far from peace
farther than ever with the consent of the North tor
surely if the month of July presented US with the Pc
cuar military spectacle of the route of Bull Bun phys
icay the month Of December could show Its counter
mart morally in the Mason and Sideli affair That IN
deed or something like that fills up all the requirements oil
a moral Bull Run, with Balls Bluff and Big Bethel
thrown in Can we expect anything from these people
now bat the utmost vindictiVeness? Could they OF
their authorities venture to get out OF this war uhoer
the shadow of these accumulated Bull Buns moral phys
cal. and, shortly financial? That last Bull huD VIII
Ia ono +bav can't turn and the one that will pinch
them TO get over, and it will probably be the run
IN which they will go out. AS for the moral Bull
F;,p. they might struggle against that, and find in
It ONLY an incentive for perseverance AS t' the phys
cal oneher losses by defeat and battle they might be
like the Dutch Admiral who sent to demand an expla-
nation of an English Admiral one OF whose guns while
firing salute happened to be shotted, ana Inc shot
killed several Dutch sailors On being told that IL was
purely mistake he was perfectly satisfied, he asked
or the principle of the thing as for the men, there were
etbaaptv more Dootchmans in Holland" Under ex-
sting circumstances there is abundant food Tor powder
at the North, and mainly composed of those about
whom the leaders care just much and no more than
the Dutch Admiral seemed TO about his sailors
The real Bull Run is the financial one The moral Bull
Run might operate only stimuant to efforts intend
ed to retrieve the prestige lost on the actual physical
field of contest and the losses in men and material
MIGHT be easily replaced from the unemployed labor
and starving population of the North, who must go IN
TO the army. it being with them "root hog or die" IN
aober seriousness Ali these things might be done and
obtained so long as the means existed to do and pay Tor
Them but the financial question being the sole one' when
that bepins to feel the effects of Bull Run panic, there
will be no ralIyipg. None whatever When Seereta-
~ Chase propose to add to the sixty millions no" COL
ected additional direct taxes calculated to raise one
hundred and fifty millions of dollars per annum, the re-
coil will come That will be charge from which the
reone of the North will retreat in confusion more dire
than from charge with cavalry sabres or fixed bayo-
nets.
The North Mr.. Russell says, cannot 60 out OF this
war in "Moral Bull Rum; so far as mere men to I'LL
her ranks or manufacture arms is concerned she need
not 90 out for any number of physical Bull Runs, so
long as she can pay. But that IS the question Inc
crigig-the Financial Bull Run is coming FAST and we
think that will test the grit of the enemy and show
whether, if q neral Bull Run be inadmisslbe imam
cial one may afford an excuse for retreat which 1t
must ultimately compel.