The New York herald., 1863-12-31
Great BrftAin.
THE LONDON TINES MOURNING OvER the pAnK STATE

JHE LONDON TIhE6 MOUkNISo OvEH THE DARK STATE
OF AFFAIRS IN rHE SOUTH.
Tho London rmes OF The 10Th inst ed!toriay refers
iettsrs OF Its American Correspondents published In its
isaos Of tue 18TH and loth mt One dated Richmond,
November IL; the other Ia from New York.
Both letters touch upon the ultimate issue OF the war
but tho 1v after considering the views VI each says
Chat II perorce suspend s Judgment for there ie
nothing 10 known history 70 guide 70 safe conclusion
o,hsr pcopls-our Horthers correspondent seems pre-
pared Tor any imaginable result except be says
surrender OF the rnion but onothrd Of the Union did
than surrender t another third wavered and
perhaps not ceased waverng that the remainder stand
out for the old state OF things with uncxamped enacy
oa cAsr arempt bok beyond ai ,sg mua aqrs, vik
our SosAern correspondent, that all Is mysy s~d dark
us'."
Tho Ts remarks upon the letters OF ,s American cor.
deuy that they 10 dicultiec, and 10 complete the
the case these difficulties traced 10 the
sn such ssundsuoe Tbe fedsras are strong conndsns
aod wariiks, because they consider "greenbecks
fertilisans than so'd and are so delighted with Mr..
Chascs paper money that they shrink from the Idea OF
seeing tho currency disturbed. The confsderates
courageous and determined, but gloomy anxious and
looked al BY their Northern Deighbors They have
ga tho better bass Of the too Tor such financial opera
tons, but has not answered the purpose 10 tho
souih the ARTIFICIAL currency s exactly what shou
expect 70 be- and the South suffers accordingly Other
wise Il vas never in better pight l stofes ot pro
visions and material have greatly Increased ia Imports
ot foreign goods are large. h military credit high, and
su sprit, says our correspondent unchanged Never
That precipce Ia financial. When woman gong 20
tet carries her money IN great wicker basket And
orns bscg 10 her poketbk the slice of neal REPRESENT
sns tho produce d exchange IT certainly clear that
'sometbing must be done" The Southeruers have
chs robust fah of the Northcrncs and they must nnd
suosi iituts for that valuable credullty.
IL m, howevcr, tree that difficulties OF this kind can
revw force into peace people bcus upon war; and
Northern correspondent Who hAs of courss, es oppor
tunity OF scrutnzng the finances Of the consdcrscy
rssovs W other considerations suggesting FEASIBILITY
- oomproniss concsssiou on tho part of the south
BE thinks ha, tho guerilla opersoos OF the Coueceraes
have siackeoed, and that this relaxation 10 evidence
against the Likelihood OF such warfare after organ
syed resistance may have ceased On this specula
s,oa, hovcver, We may remark that the organiz>d
resstancs 40 yet far too strong 10 admit OF any
coajsctures a. TO tho tactics which may succeed
n. Tho two great armies OF the Conisderstes
sbsorb all the of the South In and material
without leaving much 70 spare for tho operations
sans Our correspondent next argues from the actual
cooditon o the border states N the possible condition
0 those which originally seeded, and thinks that
essmi alton h taking place IN Maryland and Keutucky,
" may occur also eventually 10 Alabama and South