Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-12-04
What After peRee.


From the New York Economist
How near or how distant peace may be
is a question too much dependent on M
scrntatiie chancesito admit Of satisfactory
For the present, we at least
are disposed 10 leave that pointstor settle.
meut between the enthusiasts aa9' ID e, q
ancholist The probable state OF analts
on peace is, hoWeyer,a matter
that admits of easier solution, and one al
ter which the public MUD 10 making ear
nest though updemQnstratIYe, iqqpiry.-
The gloomy fOrbo dtp gs. of general disaster,
from the suppression OF the re-,
beliion, hitherto prevalent, are living place
to brighter anticiphtions, aud thoughtful
men express the hope that the end ottthe
war will be the beginning of grand era
of commercial prosperity and national
power. For ourselves. we cannot but
think there are very substantial grounds
for these cheerful forecastIugs.
There has been very general impress
sion that the cessation OF the Immense trade
directly dependent on the maintenance OF q
large army in the field would produoeia
sudden reaction in business. Our tofges
and machine shops it ia said would atonce
be thrown out of Government; employ; our
mills would lose their late orders for mil
lions of,yards of army cloths and millions
of pairs of army blankets our ships would
be, released from their present lucrative
Government charters and frsightsii quar-.
ter ola million of the operative population
would return from the held TO their homes
and produce a surfeit on, the labor markets
the large amount of gresnbacks now atioat
would exoeed5the wants of our contracted
commerce aud the price of gold would
consequently advance, even above the
highest war quotations.; the depression.of
the labor market would reduce wages and
leave; the operative classes in state OF
comparative destitntlou; aire.gp OF capital
would then be established, and out of that
would grow az. aristocracy and class dis
tfnctfons dangerous to the speace and the
liberties of the Republic. This is the key
in which the anticipattons of peace have
been pitched among "a numerous class OF
prophets. But the prospect has another.
side, which, to us, appears to deserve the
of candid men The South, At
the close of the war,i will be completely
destitute of every sort of .meFehaa dise.-
Eight millions of people now cut OF from
all supplies of foreign produce, from dry
goods, boots aud shoes, tron.ware, and
every description of inahHfae ture, will fur
.nish a market for the'pdrchase of goods
The crops of cotton and. tobacco and the
tnrpeptine will be al, once re-
leased for sale to the North and for export
TO Europe, TINS supplying the people with
the means of buying w steyer they may Fsi
'quire. The immense capital realized by
Northern merchants during the war may
be- reasonably expected to seek invest
.ments in Southern cities, and we. should
speedily find agents of New York firms es;
tablishing branch. houses in the trading
,ceptres Of the South, and requiring large
stocks for the reOpentng of trade. Ship
'ping will be required for the transportar
ton Of the goods and for The movement of
produce, aud the diIapidated rail
roads of the south will need to berepAiredb by
Northern mechanics a considerable pros
portion of our soldiers who have seen the
natural wealtho of the South, aud expert
enced the fascination IL it's climate, will
be found to prefer investing their savings
of bounty and pay, possibly on Govern
ment; eoAhscat ted: lsnSs, TO returning per.
mapentlY TO. thelri former homes The
heavy losses Of money and property sus-
taiped by. the Southern people will not
prevent their plantations from beinR culti-
waited AID their stores being occupied by
active traders. Whatfthe South may lack
of means will, be supplied by Northern
wealth and enterprisei Whieh could .sa tisllJs
establish in the South a. commercial ac,s
.tivity uneqnalled in its history. There
need be no scarcity of labor, The negroes
will be there; whether free or still bond
will be immaterial, as a question of labor.
If free, they will be more or less under
Government supervision, and their labor
can be had cheap; If enslayed, they could
still be hired from their owners at moderate
wages. Thus, whatever the South has
heretofore been as an agricultural and
trading section, it may become: again.
aud with much greater rapidly than has
been generally supposed. Greenbacks may
BE ,anite safely left TO take care of them
selves during this new state of atfairs.-
The Southern banks have been ruined by
the war; Northern capitalists will rush to
occupy their place with National Banks
Immediately after peace, causing q demand
for Federal currency; in addition to which
immense amounts of this species of money
will at once find its way South TO buy up
cotton and tobacco. Itmay be quite safe.
" estimated that $200, 000, 900 Of National
money will find its way into that section
during the first twelve months after peace.
This will naturally check any tendency to
depreeiation and help towards the restora.
ton of our finances 10 specie basis. We
can see no Sufficient reason for supposing
that the restoration of peace will be fol.
lowed by any other results than these
Immediately on the cessation of the war,
and until tradelfalls into these channels, il
is more than probable we may experience
q shock that will severely try tho North;
but its effect could bsy but temporary; a.
prosperous future would inevitably follows
I ~ = - - - =. 49, -
Tho7Rebel General John Morgan.
THE EEPoRr OF MS ARRIVAL IN TORONTO
sF+-lEIfz 10