Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1863-02-19
RRorr EAsEsENGTaN.


Greslg's Plan for Peace and Separation Said {
b Iea0rSed Bg he President Crisis Of III
Nafioaal Finanoes = TIE -Four BluadsrS Of a
4dminisfrati0n- II0io tie Soldiers Feel
Special Corrospo pon5ence Of he Chicago Tnesl
WASHINGTON, February 3-It is said her,
that General Haiieell has plan for the winte
and spring campaign al marked ont and that Il
wiz be rut in execution immediately There
sre thos5 here verdant enough to believe this
I am not of them. The events Of the last sir
months have proved that General HalleciI IS
utterly incompetent Of forming any plan for a
camp8ign so extensive as this requires. The
events Of the last eight weeks have proved the
correctness of what said eight weeks ago: that
q winter campaign in Fnginis wes physical
impossibility; aud Of the real Virginia winter
ibere remains eight weeks yet. During the
next eight weeks no military operation can be
undertaken IN Virginia with aoy hope Of success.
Besides the Times said long sgo ihat sny cam
paigns planned by General Halleck in bis closet
would be failures and every one Of the cam,
paigns undertaken under bis orders has proved
the correctness Of this remark.
But, whether plans for subsequent campsigns
have been formed, either by General Halleck,
member Of the iriUmviTats is quite as capable Of
forming them ss eiiheir of the otheTs), events
are so shaping ihemselves that they cannot be
carried into execution. The war is approach
ing Its termination. This could not be said two
months, perhaps one month, ago Certainly
there were no indications thst such was the fact
three montes ago But this revolution is hur-
rying Is along with fearful rspidity. The events
Of the past month 50 plainly point to speedy
termination Of the war that no observsnt student
Of history can fsil to see il.
10 a1.. - q Il
the recent extraoTdiaary action of Horace Gree
been In perfect acco.d With The President ever
since the 22d Of Sspember. o. that day Mr.
Lincoln threw himself into the arms Of the
gyhite-coaied philosopher, and ever since has
been his obcdiens and d0ciie pupil. Since that
dsv, Horace Greeley has been the master and
leader of the administration. He has been z1ore
than that Sines thsa fatal day. Horace Greeley
has been The master Of th3 american people.
Their rights, their liberties the security of their
persons sud properly, have all been at his
mercy. Whatever he has commanded the Pres
ilent 20 DO, that tho President has done The
viii Of Horace Greeley has bean made the su-
prems law Of the land. For the President his
been pleased 10 DO whatever Horace Willsd him
to do, and The Attorney General has declared,
Whatever pleate the President, that is law
Well, Horacs now wills that the war shall stop.
He has been here 10 see the p esident; he and
ais friend and eo-laborer, Wendell Phillips.
They have become Convinced that the South
csnno. be conquered. Fearful, therefore shst
the conservatives viii also become sc convinced,
and the latter, uniting with the conservatives
Of he Soufh, VIII devise some measures TO re-
store the Union, they have determined to avert
tkat calamity, (as they consider 10 at al haz.
sTds and by every means. Their followers here
boast that hfr. Lineoln's ideas on the subject
ere the same ss those Of Mr.. Greeley; that he,
too Is convinced Of the uselsssness of prosCcut-
ing the Hay any longer. and that he viii fajth-
fully carry cut Alr. Greeley programme IN May
next namely: s separation Of the North from
the South, and the recognition of the independ-
once Of the Southern ConfedeTGoy.
But the plots of Greeley and the radicals are
not the only causes that arc fastening the ter
mination of the war, The national finances
viii not much longsT bear the tremendous strain
to which they have been subjected for the last
twenty months. No maa in his senses can rise
from a candid examination Of the national finan-
ces without bsing convinced that tie nation is on
the verge Of ruin. We aTe staggering under 2
load of financial eRbaTrassments, such as no
nation ever before experienced All the
schemes Of M Chesa have been no more than
the Temporary shifts resorted 70 by spendthrifts,
who put Uff the evil day from time to time by
raising loans On axoshilant and compound in
terest, and who tind themselves at last bouad
hand and foot, and at llae mercy Of their meTci-
less creditors. Tho crash is approaching, sure
~, but not slowly. u may CONS before tho
ides Of March are past And whea It does
come, Che war is over
Another cause that is Fastening the termi
nation Of the weT is the disgust of the peo-
NE az the hidoous complexion which il has
assumed, and their indignation at the revela-
ton Of the deceit which has been prscticed upon
them by their rulers. They never would have
given their sons their br9ihers, their husbands,
to be bntchered in war the sole object OF
which IS row disclosed to BE- The abolition Of
slavery and iha eztsTminstioB Of the Southern
people. They were assured b7 Tho administra-
ton, wbaa the war began, thst It was war
to restore the Uniou. They see now that it IS
war 70 sgevent the Uaien from being restor.
ed kfr Lincoln assured them thst he had
nc desira, no intention, nc power to inter
fsre with slavery in the States whore it ex
lists they now see Kim proclsimiag
away twelve hundred million dollars worth o.
! slave property. They nave seen all tho good
eeuefals whom the war has produced smitier
down, one altar the other, by the hand Of ar-
baary power ct Wsshingt7ni and they hsv'
hands Of politicians, lawyers, ehs7latsns, ie
naties and UpstaTls Su-h war hey viii no
support
The conservative statesmen here are ia favor
/ Of bringing the war 10 an immediate termip
alton They zee thas, in commencing the wa
al sT, tbe administration committed four grea
I blunders;
/ 1s. In thinking that revolution undertskei
[ By twelve mllions Of people could be crushei
as easily, and by the same means, IS an oIdi
nary insurrsetion
I 81 ia undertaking the power and resources
/ of the Soulhern people;
/ Sd Ia thinking that toe peopls Of thu North
ern States. when onca en1apped into what ih9l
would besieve to. be 8aT ioT the Union, wouh
be willing to coadnua is after Is should becon
evident that Il s7ss really war te prevent to-
reconsrue6on Of tho Unioni
Ia forgetting that tho inieTna trsD4uiili'
Of both France and England dspends upon tnei
iul and regular supply oi Amssiea an cottor
and ihos these countries viii rot permit va
@ continue long which would deprive thea
Of It.
The conservative statesmen mere also see tha
for reasons ses forsh At length ia my letter Q
January 81, the Uaion can never BE restored q
/ long IS the war continues; while, en the ofhe
hand, as soon IS The waT is stopped and guaT
] antees for their rights offered to tho South, th