American citizen. [volume] (Canton, Miss.) 1851-1863, 1863-02-06


THK Cosr AND VASES OF eUK TSDx~
PEsDsScE 1t j. a eomfot table reii-e,ion
that the people of the Confederate States.
as a nation. are saving and making more
money than their war of ia1ePs Rivnc~
will cost We have. says The M,tils
Register. IN great measure. 10 jhank
TIE Yankee blockade for IT. results -
Shutting Us out from the mark-ts 1t the
world, except for the limited imports
that break by stealth through the eoFsls.a
of Yankee cruisers. we have been anshi,-
to spend the immense sums wh;eh the
South has been in the habit IL di>barS-
ing for foreign luIuries. The single
item expended by travellers and plv<s
ing. Another vast item If economy =
ure seekers constitutes - prOdisioa~ Ssv-
the indirect tar levied upon the Sssih
by the cunning devi>es Of Federal -
riffs and other legislative ech~ne. of rok
berry. Then comes the hong llSt sf
" ankee notions" which We have lvarhsj
To do without. or to make Cor ourselves.
The name of these h legion. aEi range
through all the wants Of a liberal peosls
for their daily eoasumptioa-fron
Cathedral organ down To a hss bad Or
shoe tie. The blockade has been ~
proii. sious service Co Us in The matter Of
currency. With lillle call for money
abroad. and that little falIy Supplied
with cotton for the basis Of credit. oar
paper money has not been measured by
the less redundant standards Of other
countries. and have wholly saficed our
wants. Three.hundred per cent. -
big figure for gold. bat With the reason
for it in closed ports sad the gresr
resources behind ready TO restore the
equilibrium so soon as the ports are Op~a
for the egress OF staple productions. Il h
nothing like as alarming as sS premium
for gold IN the Yankee States. HAVING
all the world open TO them.
Gold is going steadily up in th~ North.
and cannot be far from that 6.ure at
which a commercial crash and crisis j.
inevitable. At the South IL has reached
SIS. and nobody hurt" and -hsI~ gold
rises at the North. il Is declining in the
South. If we cas-, out Of the account tbs
immense damage which our enemy has
inflicted in the destruction Of private
property. in the waste of estates. she
stealing Of negroes. and the plumber Of
moveables. We shall come out Of this gar
a richer. more independent. self-rssianG
and prosperous nation than ne entered ia
And but for the precious blood Of oar
noble counirymen. poured out for the
nations veal. an accurate balancing of
accounts would show that ne have been
gamers by il. even In material prosperity.
TO say nothing of the priceless boon> Of
national freedom and separation from
The mean and dsstardly Puritan race Who
were our tssk-masters und~r the old
Union in peace. and have sought 10 be
our real masters in ihe struggles of var
So grand struggle for independence.
and for so grand stake, is not recorded
in the annals OF history.
The LossKs IL THE BANKS ExPkprrroS
The heavy loss OF vessels IN the Banks
expedition TO New ORLEANS. Is leaking
out. though IL was most carefully con
cealed by The Federal Govefnment.-
The wrecks Of ships belonging 10 The ex-
petition are said To be slrrwn all along
the shore between New Orleans and
New York. The New Orleans eorres-
pendent of the Philadelphia Inquirer as
serts as bis belief. based upon personal
knowledge aud Information derived from
other sources. that not more than fifteen
vessels belonging to the expedition have
been wrecked. disabled, condemned. OF
have gone down at sea and no account
made Of them"