The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1862-01-13
The sinking Cause OF JEFF Davis and Hia
Southern ConfsGsracy.
from the New Yoyk usr.ld. Jan.1l

The Independent Cotton Contederacy Of
1eH Davis has seen its best days. Under the
increasing pressure OF our fleets and armies,
it is reduced to The condition Of city invest
ed by an over whelming force and cut Of from
itssuppies. Growing up,as in ri L gle night,
iato aauxuriant development, like JOnah's
goura, II Is willing as rapidly away. From
every quarter of thS stuth, In every variety
II manifestation, the facts and the evidence
ara daily acoDmulating upon our hands that
nothing bur the IN tsrvention of England
France can prevent this overstrained and
hs su<ted rebellion FROM coiIapsing within MIR
Seward's Limitation of ninety days, like the
Great Sou tn Sea Bubble or any other auda-
cicus bur shallow ilnposture.
L. the Interesting statements which we
published yes,erday from two Union rs!o-
gees who had run the gauntlet of the Davis
epotisnl from Tex"s 10 Indiana, there are
soC1e very suggestive disclosures. ThCs it
appears oar 'blockeds is depriving the peo-
PIE oE t,s revoited States CT many If the ne.
cessaries Of lifa;'' that "fheir currency is IN
the most wretched condition, and is daily
growing worse, while the sugar ana cotton
plan ters have already mortgaget :heir PLAN
iati.ns in order to raise mesna of Il bsjsteuce
Tor their families and slsyesi'' eaas "Soid
and silver down The Mississippi have almost
entUe-y disappeared, the former being at 33
per cent. premium. and the latter not TO be
had at any price, that many of the most
intelligent and Influential OF the sugar and
cotton planters frankly acknowledge tha,
their ruin Is sealed unless the blockade L.
raised; and Of that they are begi L ming to lose
all hope and thar "alreaGy in the city OF
New Orirans s. large aaG form idabie crgaR-
izquon of Union men exists, which is ripe for
insurrection when they ara satisfied that q
Federal army is in position to sustain
them
W. are entirely satisfied of.the truth of all
ihese sta eraeuts, and are as we'll convinced
hat they afford bat s fsist conception OF the
wretch edness, desutut;on, confusion, and
| desperation which prevail through hnut a II the
| states growing under tn iron heel of this re-
| firm for
| extracts from the editorial columns 0, s. stray
| enpy OF the Ne3s Orleans True l'ett1 which h ss
| fallen iRto cur possession. The ftrss of these
sxtrac Is is from long article Of tha: paper on
the late mess ge Of 1T Davis To big rQnfed.
| crate Congress at hlcbm0nd. The editor does
| not believe that the peculiar logic of Davis
| will cOnSiuca EDgiand or France Of the iusf-
| deiency OF the Federal blockade, or bring
| either of those Powers TO MS assitance, hut
| argues that European nations are not to be
gained to the rebel cause by merely refusing
| them any cotton except through Confederate
ports. In the next article OF the Orleans
| philosopher on .'The Prospect" he thinks
! that praying and fasting ar. not equal to the
1 duty of coping with Enfield guns and rined
cannon, for that Pro vidence ALWAYS takes the
| side OF lns hes West artillery; thatour s.for-
| midabie fleets" have created g terrible papic
| throughout the Sonth; that Fernandina,
| brunswick, Savanaah and other places on
| .he Southern seacoast, are in great da ger of
| sharing the tate Of Cape Hateeras, Port Royal
| aud Ship Island; and th.t, in short "Jhe
prospect" of en- independent Southern Utopia
| within any reasonable period Of tins is tx
| ceedingly gloomy.
~ But The third article, that on '' Govern
kmeGt Speculation" from our tolrfal New
Orleans contemporary, we are gratifed TO
| say, reveals the fact that all the sTindIne
JOBS OF government officials Contractors
| hucksters, shsrpsrs, and rogUes are not con-
| fined to the public service OF the United
| States. Judah f. Benjamin, the head of the
| rebel Department of Justice ut Richmond
| has al least enc subordinate who deals out
| 'Jastics' by first extorting silver from tue
| people, and taen selling il at fourteen per
! cent. premium; and this, we are told, is in
perfect keeping With the extraordinary con-
duet stili pursued by the Post Office Depart
| naent." "indeed, " says our indignant New
Orleans editor, still harping ou the Rich.
mond rebel iunra, cit is no exaggera tion to
| say that Buchananism is in full and maKr if-
| cent development, the machinery to conauct
tits perfect, complete espionage over the
telegraph, the exercise Of unregaiated end
unrestrained power over the expor: trade OF
the country, the unlimited and III bitrary cen.
troll Of legal me sehinsry, by which the pro-
perty of one citizen is illegally and despotic-
ally taken from him without adequate COM
penra ton, while that of another is paid for
at tenormou~pficss, and the most pr0fiigate
abuse OF authority generally in every de-
partment is the rule
This testimo is from q New Orleans edi-
tor. and we take it directly from his own
columns. There can be no doubt that he 10
telling the Truth; and, though wer are sure
that he does not tell the whole truth, he tells
enough 10 show that jeff. Davis, with his
Southern Confederate despotism, isuast be-
coming public nuisance in the estimation
OF his victims. But, il IN may De asked, IL there
ts such an in tolerabie despotism existing n
the revoitsd states, how il it that This New
Orleans editor is permittedtb speak so freely,
The answer is given In our preceding infor.
nation that there in q large and fOrmid BILE
Union league existing in New Orleans ..ripe
tor insurrectiou," and that ii is only await
ing the appearance of q Federal invading
force to break out into open revolt Uur
New Orleans editor has the league at his
back, and Davis and his tools are aware
OF it.
New Orleans, 1t will also be borne in mind.
ts the financial centre and commercial me-
tropoiis Of oar rsbeIlious.1on iederats States;
30 that with It's restoration 10 the Union.
,hrongh the assistance Of its "formidabls
Uniop erganizatiou,' we may expect q grand
succession of such escapades, from New Or.
leans around to Richmond, and thence
through the Interior to Nashville, utterly
breaking up tbe Davis despo,,sm, root aud
branch Let England aud France exercise
their patience and philosophy month long.
or, ana two things will be made manifest 10
them.-frst, that the southern cotton nation.
ality Of Dsvis and his confsdssates 10 an ex-
ploded bubble; second, that the 0ovoTnment
Of the United 6tatss 10 . Axed and enduxt19
ysaatty saepe ths great fewees ef ~ eaS3h.
~ 5 A