The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1863-09-02

it, they would all die together with their
slaves and their little ones, fighting with .
desperation which the world has never
witnessed.
The Observer is disposed to twit US On
our declaration in May. 1851, that this
State had pledged to the cause her +" last
man and last dollar" Let 10 see If this
pledge has not been redeemed. This State
has sent 5000 men to the feld. This
comprises all her fighting population, (sf
course we did not mean to include the old
men and yearling boys, save those between
40 and As, noy being csnscripted, and
about 10000 able-bodied original seces-
sionlsts, who refuse to redeem the pledge
which they authorized US to make in NAV,
1861. So much for the {" last man." Our
debt, County and State, is equal in amour Mt
to one-tenth Of what the whole State would
bring in market, in silver and gold. The
last dollar" in. specie, or in convertible
paper, has long since disappeared. The
State could no doubt borrow ConIederate
mousy at premium or two for ope-that
is, she could sell one Of her one hundred
dollar bonds Tor two. hundred dollars: but
ten dollars in gold will purchase one hun
dred dollars in Confsderate money ; and il
follows that she could sell her bonds for
only ten cents in the dollar 10 specie. So
much for the " last dollar" We regret n
have to make these statements, but we are
obliged to do 50 in self-defence.
The Obssrver. very ingsniously, aad
very Justly in one sense, says that negotia-
lions Tor peace can be instituted only
through the Confederate government. But
we must look at things as they are, and not
as NE wauld have them. If Mr.. Lincoln
should so far recognize Mr.. Davis A to
open negotiations with him, he would sur
render the whole question Of the war. To
treat with the Confederate government for
peace is to recognize that government.
Will Mr.. Lincoln do thatl No. Will he
ever do it Not unless the Northern Co.
yernors and Legislatures shall rise up and
command him 10 do il. Is that probablef
Not in the present status Of things. We
may CORY the Northern people to such 4
point, or We might so interest foreign pow
ers as to induce them TO take steps which
would lead TO such result; but are these
things probablei Not just no~--not, we
fear, Tor some time to come. What thens
Shall We again invade the Northern States,
and so distress them by FIRE and sword as
to compel them TO sue for peacea Can we
do that! Are we able 10 do il We fear
not. What :hens II the Federal govern
ment will not hear the Confederate govern
ment, il may hear the sovereign States.
The people Of the States, North and South.
BY mutual co-operalion, may obtain an ar.
nisf;ce. II that can be dsne, the scar sSiR
be al an end. Is il not worth the triali IL,
the two armies should once rest to listen to
the voice Of negotiation, our word for il
hostiltles would not be resumed. The
whole question would pass, and pass final
ly into the hands of the statesmen Of the
two sections. Grim-visaged war would
smooth his wrinkled front"-the arbitra-
ment OF the sword would give place to the
voice of discussion and negotiation-rea-
son would be substituted for passion and
revenge. and the exasperations OF the two
sections, cooled and sobered by reflection
and calm survey Of the entire situation,
past, present. and future, wsuld leave the
mind Of the Country in condition to de-
wise some means for restoring peace on
terms honorable TO all. Nor will these
movements By the States depress or dis
courage our soldiers in the field. On the
contrary, they will fight aud endure with
renewed cheerfulness when they know that
their friends at home are omitting no steps
that may premise to crown them with the
reward Of ali their toils-a just and honor.
able peace. But it Is said that some Of the
cotton States are already greatly distress
ed, and that they nav soon indicate wish
for negotiations. But they are already
subjugatsd, and at the mercy Of the ene-
my. Mississippi and Louisiana arc press
trats, sullen and silent. They have eeas-
ed, so far as their people at home are con.
cernsd, both to fight and talk for peace.