Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-07-02

| The Evacuation Of Xorktowu-The IA.
biHB Policy of the SOuih-The subjugu.
tiOn Of the sOuth-NIr. Lincoln and His
ArtichOke.
From the London Times
To a military mind, the evacuation of York
| town will probably cause no very great aston
/ ishment. So long as the wholesome terror i'm
posed by the Merrimac continued, Yorktown
was good strategic position. Directly, how
ever, it began to be suspected the Merrimac was
not likely to repeat the achievement at Hamp-
ton Roads, there was strong possibility of a
heet OF ships Of war and transports running by
the rver forts on the York river and the James
river, and landing an army in the rear of the
Confederate lines thus cutting them off from
Richmond, and putting them between two fires.
Napoleon might possibly have been glad of an
opportunity to annihilate, in two blows, thus
divided enemy; but It IS not IN accordance Ic5h
'chat ace kROI0 Of Confederate tactics TO seek any
such dangerous opportunities. The Fabian
policy has hitherto been the policy of the South.
They have, from the first been hoping that
something might turn up. Originally they be-
heved Europe would come in a mass to rescue
king cotton. Disappointed in that, they were
convinced that the North would be divided and
then, that the funds would fail. Now they are
living partly upon the remnants of all these
broken hopes, and partly upon the anticipation
that the heats of summer will melt away the
hosts they cannot vanquish. Delay they think
to be equal to victory, and to some extent they
are, doubtless, right. But il is a policy which
may be carried too far, and, bit by bit, they may
give up so much that they may at last have
nothing very much worth fighting for. The
danger Of being surrounded would. however,
appear to be a sufficient strategic reason for
their last achievement in abandoning their York
town lines.
Now, the capture of Richmond would be
tremendous victory to the Federals. The num-
berless arms Of the great invasion are stretched
out over the whole land The Mississippi may
be forced throughout its entire length, and
wherever ships Of war can float no Confederate
force can show itself in safety. War has been
carried on upon q scale never before heard of, at
a cost never before thought possible, and upon
principles Of which, to sober Europe, were
thought the widest delusions. The soldier who
lived upon his pay, and spent half crown out
of sixpence day at least had his sixpence. But
here is America, turned soldier spending on both
sides million and half sterling upon an in |
come of nothing day, and going on joyously, |
with no lack of credit. We did not expect this |
in Europe. People at e distance cannot COM |
prehend these popular delusions. The Tulip |
mania, the South sea bubble, the great Darien |
scheme, the VigO bay scheme, in our fathers |
days, and perhaps, the Suez canal project in our
own, are things which people, not in the vortex,
look upon with wonder and amazement, and are
that they endure as long as they do.
Here is this great bubble of American finance,
swelling and swelling before ones eyes, and we
III think 1t must burst tomorrow. Yet it goes
IN; this gigantic bubble may, therefore, last for
lome time yet, long enough, perhaps, to take
and drive the Confederates back to
ctra torriaal m fo1lovu
hem up there and disperse them. Itis not the
ess real for the moment, because we know this
abTic Of fairy credit to be short lived. All the
Millions and hundreds Of millions which we see
lying about, are ike the sparks that fly up
wards from boquet Of fireworks; but amid all
his evanescent glory, what is real is that Mr.
Lincoln is discovered in the blaze leisurely, but
eating his artichoke.
But when he has sucked the last leaf, and has
wen daintily prepared and swallowed the core,
here is yet another operation-he will have to
ligest it. When all military organization in the
south has been disloeated, and ali social and
commercial organization is broken down; when
is subdued and Norfolk is taken;
when Savannah has a Northern garrison, and
New Orleans Is being vigorously galvanized
nto commercial action; when Beauregard is a
lame Of the past, and Jefferson Davis has been
70 dealt with that Northern statesmen lose their
interest In the eaYes-droppings of bis eOachman
when all these things have happened, then
viii begin the terrible nightmare caused by the
necessary process Of attempting to digest that
delicious artieh0ke. Some Of the Northern
statesmen already profess to their friends that
he thought of what must be done with the
South, when it has been conquered, haunts them
u their dreams.
We hear it has already been proposed at
Washington to cut this knot by ruling the con-
Iuered States as territories, by governors ap-
pointed by the President and approved by the
Senate, as in the case of foreign appointments.
It is seven millions Of the Anglo-Saxon race
whom it is proposed thus to rule What will
be the numbers and the cost of the military and
naval force necessary to do it Is this what is
meant by restoring the Union If so, then the
,spture of New Orleans and the occupation of
Yorktown may be steps to that long wished for
md. But if Mr.. Lincoln proposes to himself
irst TO pull to pieces and cut out the sweetness
If this artichOke, and then put it together again
With its leaves ell crisp and green, the more of
hese leaves be pulls off the farther he seems to
,e from any chance of ever comprising his orig
nal object.