Washington telegraph., 1862-11-05

turn up. The great dread of Northern states.
men from the beginning has been the inter.
ference OF European governments in favor Of
the South. they have been very well aware
OF the temptation held out to the manufactur-
ing interests Of Europe, in the prospect OF
enjoying the immense custom of the Southern
| people, freed from the tariff, which has given
the monoply of this trade to the manufacturers
of the North.
They have had the sagacity, however, to
| perceive that there would be ''lion in the
way of any European power. The Union
might be again restored, by force or by com
promise. In that case, a premature interior
ence would have inevitably involved the inter
feIing power in an expensive war with the
United States, without any of the proposed
advantages. And thus indeed, foreign nation :
actually reasoned.
Having the ear of foreign powers through
their diplomatic corps, and of the foreign
population through their newspapers, they
have been up to this time eminently successful
IN keeping alive this apprehension, and have
led them along through quagruires Of hesitation
by many ''will-O -the-wisp' of Southern con-
quest anu a restoration of the old Union. At
hrst the matter was treated as a ..s,nall rebel
non, the suppression of which would scarcely
tax the powers OF the government. Foreign
nations were assured that the majority of the
people Of the cotton States were loval. and
that the ordinary course of trade would he
scarcely interrupted. This delusion was hint
OF short duration. Then large armies war.
called, and ''short, sharp and deci.;ven
campaign was to bring the rebels to reason
One NINETY days" after another was fxad
for this result. The first battle of Manassas
exnnguIshed that argument. The next sJelu-
slVe idea was to open our ports by force. and
restore foreign powers to the oil trade, which
they could SO ill afford to lose. The suecassas
OF tho past spring upon our sea coast and
rivers seemed for awhile to give earnest of a
speedy fulhlment of the promise But it failed
also with the revelation Of the fact, fquite as
astonishing to our enemies IL. Disappointing to
the world that the opening of Southern ports
was about as effective drawing the bunr
from barrel of frozen liquid Nothirr flowed
out and nothing could be brought ia. This
discovery was as appalling at the North as it
was abro al. The wealth Of their ov,p ,aotio,,
depended very materially upon aces, to cotton
and the sale in the South Of manufactures from
New England and provisions from the West.
They had thought it only necessary to get ia
contact with Southern people. 1t never enter
ed their hearts to conceive that Southern plan
ters would prefer to burn cotton rather than
sell it for gold-wOuld starve rasher than buy
bacon and wheat from Cincinnati an / St. Louis.
Perhaps in the history Of man tbare nev.r
was such an expenlitur. o, force to accom-
olish an object so frutle,s, rs the capture Of
Southern ports and the opening of Southern
,ivers
A complication of difficulties now boset the
cabinet and party of Lincoln. They had fed
the hopes Of the North with the prospect OF
the restoration of the rich trade ri the South.
This element of home disappointment was now
to be pacifed with other hopes and prospects,
whilst they were again required to show cause
to the world why Judgment should not lie rem
dered against them.
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