The New York herald., 1863-01-25

tyranny PIov1w wItH 6nos
TO DO found abscns from your dwelling 70 be cast into
loAthsome prison. denied communication wtn aDyoopy.
The whole Sase e completesy cectuaiy oyerr9n 0ut
not suoMgated garrison thirty thousand nfeunes Is
insuncien 70 suppress the innate sense o recaCM n1o
liberty wnch every MissoWfasn toeis. Asat Wna tus
~ ,ra ~ sr
overrun ~ sne vsnoan. Wuscr,Hlha.e .M" "s"..ns, -
40 .espoc. iof prvato nSp.s, no moscy ,o as,., ~
ch,a wnose nus0and Or tatner s accusea " ossg
innocent young. Sncn Is the pactue PfeSono3 sVF
tho Of tnose VINO are tooish enough y" cA
VI.
An East TenRcvsecNH View Of tho Value
Of the MkssisstppA.
From the Knoxville Rcgtsterl
y We have seen tho maadcate of the Board u Trade
absolute necessity 90 the Northwest Of opening the
Mississippi 70 New OrieaDs The lo0wieg details Snow
the vanegs OF the losses sustained ~ the
10 1850 tous of freight were shipped BY steam
boats from 81 Io1is 70 Memphis and cities urthor South
More than 900 tons Of freight for tns lower Valley Of
the Mississippi passed Cairo in 1890 Whom our readers
reflect that this abolition crusade Of Lincoln has closed
this great inland sea against tho commerce and agricul
tual productions OF the Northwest they noed not be
amazed when assure them that the very nrst step
towards the acknowledgment Of Southern Independence
wilt be the result OF The necessities Of Northwestern
farmers and tradesmen. W t#
Tho difference In tho cost OF transportation OF ton OF
freight from ST. Louis 70 the by way Of the Mis-
route 10 New York is dollars and the difference is
constantly augmented. The loss thus sustained out
freight not less aDuum tlln Twelve MnllODs
dollars and equal very nearly return frcghts
But the greatest loss the Northwest growing out OF
the the deprivation Of the profits arising from the
Millions Of tons OF freight on fifteen hundred or thou
sand steamboats, annually descended the great and
was sold TO Southern planters and ened the Southern
slaves which this very people or the Northwest are now
converting into starving unproductive helpless out
cas,s 80 -
This condition OF things cannot endure Men will not
always he blinded by passion and prejudice The people
* the Northwest cannot much longer be induced
var unop the South and its institutions There must
resistless tide of commercial interests driving the
Northest into an alliance with the South the
OF the hour being ephemeral while the interests Of ma
rne Rcrep n,ennes<eenn< Like the RlocL-
ado
fI,rom the Knoxville Reristerl
rFrEcrs OF THE BLOCKADE
We suggested some DAYS ago that even tue on Ae OF
neonle n s,ch mn absuditv as ion az the
nion were now possble the Yankce thieves would find
tha hrv had osi moi Ied the poose thar laid the Golden
eou In afomntny 10 sccuYa Al the southern wealth al
on fall soop fLss hoy derouJ forever ths so,res AZ
Northern and Eastern opu'enc,. They have by their
barity that even excludes medicines for the sick and
wounded Of cur people rendered the South ,uloiy iode,e
d.et or oil other Deopcs II this war should continue tor
Ave years even as il IS now conducted at it's close in
stead Of lis being subjugatcd he South acod be he snos
;,J.ysndru, ~ I'll, ng,;o1s -
nut the point we suggested Is one more readily appre-
ciable than even this. The runous effects OF the war
upon Northern currency arrested nor rencded
With Europe IL unaterrupted The OF tho re-
Avn of the war the insecurity personal rights and OF
administration OF President Line In, uot property
holders Of the North haze cenryted their eVdtss
into gold. This gold has beo shipped 70 Enope.
The capitalists OF Europe have converted their
American stocks, State, national and railway rities,
into gold and this has been Forwarded 10 Europe.
peabody the 0ncon banker alone has sold in New York
for gold hundred millions Of state and railway bonds.
Barring Brothers have in like manner given up their
American securities for gold and with tue Eothschlds
who have sold out their real estate 10 the city Of
New York and 10 substitution for all this untold wealth
that was represented by bonds European capitalists
have nearly all the gold nat IN former years was buried
beneath pavenents OF Wall street. European bankers
have drawn from Northern cities since this
less than five hundred millions dollars in gold The
effect is palpahe even now in Europe Gold has become
80 akundom ia England that, Ike Confederate po,.s
IL has deprecated rnlue. The London press even
now dseuss the rrpnriety of changing the relative
value o. silver and gold, and Of substituting plat,
mum, scarcer metal for gold We thus easn that tine
basis OF Northern wealth is distracted. Northern
reucy the empties, most delusive OF al the creations
OF fraudulent iinancIr genius lrredeemab, aud with al
the Of redemption now rapidly hene transferred
there collapse this son,h bubble
which M Chase has devised to uphold the costly despo
tism OF the abolition dynasty
TN the contrary the proceeds IN gold OF one whole cot
ton CROP the crop itself with the bullion and gold Of
lion bales Of cotton cre sold FOR co hured alioas II
dollars gold, and Southern tds hid perhaps syty
seventy uuons ia gold The gold obtaned for the TO-
bacco rice and sugar crops represented by hese
products the SOUTH WAS, perhaps iy hundred
millions more which is still held by Southern banks
Of gold They would have sent Il abroad perhaps bat
happily for the South they could not me hokade ss-
toItshsd Jy the Northern desyo, r.diRsd 10 he Sna ne
basis Of Sou7, wedih aud n Sousern currency, while
that o. the North itself the wings commerce and
now rests IN the vaults OF old England.
fhe Uockads Is no, an uuiired sra W rather hks a.
u should be rgidy enforced and the depreciation
of currency prevented by those who speculate in
goods 10 the de,rment " our currency. He.forh the
ised II Is even now our true policy 10 have il rgidy