The New York herald., 1862-01-22
Mistress Among the Rebels Of York and
Warwick Counties, Virginia.
LARCg POWDER MILL In NORTH CAROLINA
The Bri .ish Steamer Gladiator
at Florida Port.
Her Cargo Of Arms and Munitions Valued
at Two Millions of Dollars.
LARGE MORTALlTY AMONG TEXAS TROOPS.
&c, &C.. Gc
VIRGINIA.
rHE MOTIVE AND MEANS FOR THE YANREE WAR.

VIRGINIA.
rHE MOTIVE AND MEANS FOR THE YANEEE WAR.
From the Richmond Whig Jan. III
me mans prng o. me var on the rart of the North
tca elem there which makes calculation Of cost or
consequences but bindly follows the demon that leads
the was the dominant motive is interessought after
we admit, by most mistaken, STUPID and suicidal
course. WIN Lincoln, the question was What is TO
manuiacturers-s' What is to become OF our tradey
And with the masses Of the people, How are We to
get bread unless wo enter the army? II was openly
declared by leading journals Of New York that the
states could better afford to fight the Southern
than let them 60 And there can be no doubt OF
the wisdom Of the conclnsionif By the Northern
States could they be loved least hoped have sue
ceeded IN bringing back the secedng restoring
oulated-and thereby pTccpitated thoir own ruinadd
ing the certain destruction OF the doath
from imrovershment and decay No doubt, as they have
seen ther expectations disappointed their hopes de-
ferred feelings of hatred and revenge have occupied
larger space in their hearts but the ruling consideration
still the OF their l and the recovery
OF the n ssing cornucopia from which South was
accustomed 20 empty picnteous stream OF gold INTO
their gaping Golfers For this purpose utterly vain As Il
-, they fighting and will continue to fight
until tho "sirews Of war; fail So long thoy can
command money, they can raise troops. any number
forest to 10 understand their financial condition and
a. the matter seems fairly considered tho following
general view OF tho New Orleans Bee avail ourselves
Of its reflections and conclusions. Says the Bee
There Is AN ancient adnge which reckon
without our host Tho Yankees concevirg themselves
moulded Of different clay from the rest Of mankind,
have thought t TO dsspss this homely proye-b They
entered upon Of indefinite duration and incacaa
bio cost confidently relying upon the abundant
Of the country These abundant Is true
incxhaustible. The alone might have emptied
the national exchsqucr but when rapacous
plunged both aims In 10 the elbows it hardly be
expected that the Golfers would saud the depicting pro-
cess for There is huge and gaping vacuum
In the Lincoln treasury which Mr. Secretary Chase has
been for time vairy laboring to AL The banks Of
the North having bled the exhaustion Of
available means, can do no more They themselves
threatened with drain OF specie which, IL arrested
will speedily result in financial collapse. Meanwhile the
government only maintain its enormous army and
navy at cost Of about fifty millions per month. At
least, this the acknowledgment Of Chase who doubt
less modest and chary his calculations pos
sble Where is the money TO come from The bankers
Congress- dawdes and potsrs the thorny question
and nothing bctter be suggested than the issue
ono hundred and fifty millions In paper promises This
would suice to meet tho pressing exigenciss OF tho
moment.
Some expedicrts, however, are only to be commended
In desperate straits The federal government already
owes three or four hundred millions and the people will
b.nsss snd y IN srS no,s. on ,.o % dso @
sApand the indebtedness OF the and prove
slight and temporary relief If the Is to continue
many months. OF course if this scheme resortsd to-
The Northern banks must suspend cash payments they
cannot possibly receive and red the OF the gov
srnnent and their own Likewise. suspension immedi
atey enhances the comparative value Of the precious
metals, and the depreciation Of paper money For
while this will not be rally felt, the Treasury
notes will pass from hand to hand and constitute
venient currency But tho United import largely
from Europe, and having nothing to oHer in exchange
must need pay their purchases in god One Of the
consequences OF suspension would, therefore be
up gold to IS, 30 or 40 per cent premium
Again: all such projects the referred 10
sary augmentthe national debt We readily under
stand the aurement OF fictitious plethora OF money
bow it creates deiusvo ospcrty, how sends up
stocks and real estate; bow ministers 20 the danger
spirit OF speculation ana how while all goes
merry a marriage bell IL Is something like the war
which gives employment to hundreds Of thousands of
workmen, and swslls the army with host OF who
would otherwise be in danger OF starvation But every
dollar thus ended iulp0verishes the government
that extent aud day OF reckoning must come at last
When the FIRST issue OF nconvorbe paper has been paid
away, second batch will follow, and then third and
fourth-and as they viii stand upon certain basis OF
redemption their value viii decrease like the Continental
money in The Revolution until they become worthless
Let the throw into circulation three four
hundred millions OF dollars OF Treasury notes IN au
tion 70 ths immense leans i has already contracted,
and how M the name OF commcn they
be redeemeR Neither taxation government
dues viii suffice 70 Withdraw annually eighth OF the
amount Besides, time other the va. will end
what then to be tho fate of the hnlr million Of art
sans who row cleaning a subsistence as carpenters
coopers vorknen In iron and brass, and Tho liz and of
the otl8er hat million OF soldiers who viii be dsbaaed
and whose nay will cesses Cursed with irre1eeabe
currency OF base apasters ana hngc Of the
y pulstion oui employment ana oui O money, how e
qnsitey comfortable how envisoe wiz be the condition
OF the Yankee administration Is mot the prospect ahead
cheesi ing and iEspring7 Are not Mr. Lincoln and his
Cabinet just reposng upon bed ofrosesf We wonder
II those people ever dwell upon The Poss bies of the
future whether they inagns that the subugaton OF
the South repay them for ali their runous outlay.
Aas they have no other hope, fear THAI Ike lxio1,
thsy embrace cloud.
vIRGrSI, GIsLaTURE-MiLIrAgys BILL IN THE
sENATr.
from the Richmond Examiner, Jan. III
In accordance with the previous understanding TIE
Senate yesterday wen into session 70. tie pu pose
Of considering the bill reported by Nr. Douglas from
tho Committee on Military Aiars TO rails. and gsnize
virginia quota Of the Confederate army. The following
o,Af A. tkas gFF "a
wednesday, publish a matter OF local interest,"
De II further enacted, Thai pursuant OF ths
provlsona 90 S au'nVr n s. s eass @ !. oi
empowered and directed TO call for no, exceeding
thousand volunteers TO serve within tho limits Of h.s
State and 10 be employed exclusively IN the protects
OF such localities as may be exposed sudden rats and
marauding excursions OF the enemy. The troops so
rassd sha be designated As minute Men . and shall
be organized iuo companies troops, b,t'sions ard
regiments other volunteers the service and be
listed term not less than six m0nths. Thsy shall
hold themselves il readiness 20 march the shortest
notice and when actually in service In the Geld camp
a receive tbs pay and be upon Che footing
all respects as other troops except that they sha MOI
be sent out tate beyond thor respective mill
tary departments without their consent AS far as prse
tcabo the troops enstng for local defence shall furnish
arms and they shall consist of cavalry, artl
Isry inlaptry or riHemen, az tho necessities Of ths
ssvera localities ana the ability to furn 50 arms shal
Indicate.
VIE LAW or HArfoss.
Nj Woodsou offered rosolrtion mat the Attorney
General be requested 90 inform the General Assembly
hofr me mW ui nations, as practsed IN this country
. bo vOintcd oy suijoctng persons dOmiccd here Ou
iia' tycns, 20 military duty. ADOPTED.
following preamoie and resolutions were offered by
.eWton.--
or,as The war IN defence n our i',eyiv ana inse
oIto hus heretofore been successfully conducted BY
?, I.ase 0nd generous Y0i9niesls, wao without hosita
N im0 forward at the FIRST call ~ thtir country ID
1 or die IN her defence and whereas this genera
1s ny has m abiding conhd0nc0 IN tho lorutuds
ctl. . ard patriotism ol ai th0 Virginia v0utss Uon
D. AID docs n1' doubt their readnrfr o. con
present organization, when gesured tia thi
.tcrllce f1r tbair Intry Is earnest cgslsI ll
- .. 4' - ubg 9. al ia rep1.siag or ias aI
ts-~~c ~ e,nn