Washington telegraph., 1862-03-19

80 ne IO!IO"lug correspondence from
the y. @. Crescent, is commended 10 the
serious attention Of those political econo-
mists, who advocate the suspension Of cot
ton planting, as means of controlling
the policy Of England and France. The
result will Be disastrous 70 ourselves. II
is only by keeping Europe supplied, that
we can keep the monopoly Of the market
Alter making abundance Of provisions,
(our first duty) The danger will be Of not
having cotton enough:
LONDON, Dec 81, 1862.
Dedr .Sir-This i The last day Of the
eventful year which forcibly ruptured ties
of many years growth, aud tore me rudely
away from the scene aud place Of duties
that have been transferred tO this country.
To you my dear Mr.. - and TO
yours, [ can offer my best wishes for the
new year, which opeus, thanks TO the folly
and inbeclity Of the enemy, with bright
prospects. g @
Eng land has becn weaned by the ants
Of the Noriherners themselves from her
trongly felt aud expressed Northern sym
pathy il existence last spring, and not
withsianding her aversion to slavery,
which neither in France nor in England
can be overcome, is in spite Of herself be-
friending the South, a. | consider war
quite Inevitable, even if Slidell and Mason
be given up, for the sympathy with the
Yankees j. dead, and has made room for
a more correct appreciation OF the men, on
rather the mob governing the North, aud
ii war do not take place at once, the mu-
tual irritation II such that before summer
England (anl France perhaps mast be
at war with the North. The South has
now rany friends and admirers in this
country, aud the impression IL favorable
i'll general FOR tile bjas.i1g tone Of some
Of the Southern newspapers has fortunately
been kept from the knoaledge Of the Eu
ropnan public, aud an impression i made
wv rhe general dignitied, earnest and mo
degafe tone Of cur Southern statesmen,
their steadiuess of purpose and their self
reliance.
I was delighted to zee The determination
n,- 10 desire or invoke aid from others
Ii is in this way ouiy that respect can be
conquered FIR much mailgncd people,
wlo navs been represanteJ AZ Iniscreants
and crrel Slave drivers w the North. The
phrase OF King Cotton has done much
Injury. told yyu this % the spring
Tue immense importance Of tMc question
7 /, :, strYn. that il would u better to WORK
for itself. as il will nog do The impa
fatinn that EngIand's politics would b.
\ iu finenced turned her against The South
a.d III show that such influence has III
7 w,irIt (Which it really had not. as neither
I The Government or the general public, nor
wen the majority of Manchester men com
pretended IL bsarings) public opinion was
! directed to submit to any suffering 10
\ Lancashire rather than ID take any steps
towards lberatilg American cotton, and
TIE whole country ran mad with tha hope
| of forever excluding American cotton an 1
Reproducing the staple in the East In
F. dies. This j. the result of the cry, "C0t-
tgn l. King" nj man, ii he can help
\ ii. will submit TO such servile depel-
denee as the Southern writer's represent
! il. aud do not forget TIM if the South be
v one tithe a. foolish, bo,rish and selfish as
the North, England vii in less than ten
years free herself from all dependence 10
\ American cotton.
The South may ret the respect OF Eng,
land and the world, but scarce'y y the atfec-
ton, and it will retain its position only as
n lonr as temperate and unselfsh counsels
prevail
It costs much to dispel first strong i'm
prcssicus, particularly when the interests
are remote aud people quite Indifferent 70
be informed, a. 800 ont of 1000 were in
Europe and ID England before the Trent
affair. :.
The cir Of "Americi's calamity i India
opp yrtunity," for an immense impulse has
been given TO the cultivation u cotton
there. and it will be felt for years IN the
reduction of price 10 the English markets;
l There will be great increase q supply
from The East Indies; but whether there
be peace or war with the North, the ten>
dencv will increase to transfer the negro
and Ills labor to the SAFE cotton lands 2.
Tou;siana and Texas, thereby reducing
the price of labor, aud also increasing The
area of cotton culture, so thut more cotton
win No nroduced. This will ultimately
4 ~ have peace and keep peace with ouI
p,rr,oao cnstomers. tend TO kill the eff,
for,s IN the East Indies, for they canno
connete with the South as long as W
nrosarve free and unshackled Intercourse
aud trade with Great Britain