Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1864-06-17
YANKEE PROSPECTS, MILITARY AND F1NAN-
CIBI.-TRIcEs IN NEW YORK-CANADIAN
sENTINENIS-LITER ANNOUNCEMENTS.

SENTIMENIS-LlTERARY ANNOUNCEMENTS.
;[COrespOndsnes of tie Charleston Courier
NoKrREAL canada East, April 2S, 1864.
I am more than ever persuaded that the Northern
people, as well as the Washington Government, Iegerd
The coming campaign in Virginia as decisive OF the
suit of their efforts to subugae the Confederate staes
II Grant fails to defeat Lee and capture Richmond the
war will break down. The hopes OF the war party are
steked finally on the ISSUE After the Federal disasters
of the past winter and spfrg great defeat In Virginia
will virtually finish the contest. The war i every where
unpopular throughout the North. The Administration
will make the most desperate Efforts to retrieve itself ON
the Potomac. Every soldier that can be spared from
the other departments is being sent to swell Grams
army The militia, it is said, are to be called QUITO
occupy the Notifications at Washington and Baltimore
go as 10 enable the drilled soldiers to be put into the
field After all these preparations Lac is s1li inVn-
cbe nothing can stop the popular reaction against the
war. The Democratic Convention at Chicago will nomi
nate peace candidate for the PRESIDENCY, aad he will
start out with every prospect OF suceees But greater
trouble than military disaster threatens the AdministrA-
ton.
The Yankee fnanoss are on the verge of ruin. No
one seems to doubt that the great crash will follow up
on the failure in Virginia Chase has resorted to every
device and eIpediency keep his head above water
He Is now at his Wits end. He has thousand
millions Of paper currency upon the country. de can
not borrow iarthiDg in Europe lie has hopelessly
ruined the State baIks He has no alternative but to
iseus more paper money TO pay the expenses of the
Government, (which upwards OF So, 10000 per
diem aud every fresh paper dollar be prints advances
the pce OF gold merchsndis, aud provisions, dseol-
tents the people aud sink him further in the slough
gentiyman from Washington informs me that on last
Monday, Mr.. Chase, with most mournul aud haggard
expression on his countenr nee, approached leading
Democrat in Congress-, and begged him, "ior Coos
sake" to use ls Efforts to persuade his parry to sup
port tn, Government schemes to patch up the 6nances
The Democrat replied that Mr.. Chase had abandoned
nlo ba AL ia
mus: hope for no support from the D-mocracy
The effect Of financial lin upon the nth cannot be
measured by the resulGs Of similar catastrophe among
the Southern people We are Invaded and fighting
OIL the Offensive. We cannothep fighting, and, there
fore submit ting to all the Inconvenience financial and
otherwise that fighting entails. Tie Yankees fight
ing an aggressive war. They are not obi cd to con
tnue the contest. Therefore, when the entails
them 1.-THE OF the Inconvenience we have already SUI
ered they will be camorous for peace They will
submit az We have to depreciation Of the currency
They will never consent to fund their money three COL
lars for two bonds OF Grasses making at low rate OF
interest They will not rest easy under rise of Ave
six hundred par cent in the prices of prime res
They have q vast population OF mechanics, factory
operatives and working meD, who would starye under
system of IL a TED prices and comparatively low aages
Hence financial smash up a. the North would bring
about tremendous reac ion against the war; while We
could continue defence twenty years situated
new
It thought here that the depreciation of the cur
rercy in the Uaited States take that sotO and
GRADUAL course that has characterized the movement
IN the Coniederacy The finances will break down sud-
denly with great crash. The largest mercantile
houses will be swep away, panic will reign in Wal
street. ld sill the important money centres soci ty as
well business, will be totally dsorganzsd for Pc
rod and the Government will be likely TO topple over
in the general chaos. To this end the United Salts
set ms be hurryng. Lee strike the fatal blow.
The New York papers give evidence OF the resiiveT
ness OF the people under the advancing prices. Their
columns teen with communicate rs denouncing specu-
stors and ex ortoners The ladies are scodng at tie
dry goods merchants and millines Nay day. when all
New Workers consider il religious Necessity to move
ia coming on and the PEG lie ara outraged a. the prices
of furniture and carpets Within six months Blu ter has
gone up from rs 10 60 cents pr pound; coffee from 20
10 so cents sugar from 10 to Is cents molasses from
40 cents to 81 rs per gallon; pork from $6 to 80
Der blIrt hou5 had advanced 80 per cent Fbskey
100 per cent; tea 100 per cent Articles Of foreign i'm
mort are still higher on account Of tbs enormous tariff
The prices Of everything are to no still enhanced
by the passage Of tbs new Tariff and Internal Tax Bills,
now be'ore Congress.
The principal hotels 10 New York, led OF by Hiram
Oranston, have raised their TO SIS per day. The
stage companies Broadway have raised their fares
from elk to ten cents The Irish laborers demand 81
Der day for digging dirt The opera and theatres 70
advancing their charges for admission. Oar Southern
people are perhaps bunted by high prices that they
can hardly appreciate the hoNs Of anguish with which
the announcement Of rice in the pIse of any article
Il now greeted in the North. II goes harder for the
Yankee OF to-day to pay sixty cents pound for butter
than it does for people to pay S6 for it. The New
Workers are 30 engaged over the butter question that
they are forming what they call "Bu.ter Leagues" that
is associations which will pledge themselves to eat no
butter while it s in the vain hope that they thus
bring It doDa Ii they could manage to make "greeh
backs go up they would perhaps find the secret Of low
prices.
According to the Abolition Itpsls New York city
under the administration OF the new Mayor Godfrey
Guather an aVowed sympathser WITH the South-is
getting to be hot-bed OF rebellion. Twenty thousand
Southerners from ere col quered territory" said TO
be living there and the seventy thousand Democrats in
that ei are charged with being quite as rampant Sc
cessonists. / remember that when | passed through
New York some weeks ago. heard the "health of jeff
Davis ard "succes5 to the Confeds"-the Toast more
than once and loudly given at that-iu the bar.room
of the St. Nicholas Hotel. Ole night about twelve
o'clock heard party OF jewellers pass down Broad
way singing the Bonnie Blue Flag" at the top OF their
lungs Ca another occasion, feminine was be ating
the hotel piano with "My Maryland" in vocal acc m.
panimeut George Wilkes, tho abolition editor Of the
Spirit of tho Times, calls loudly for Beast Better as
Military Governor of Nsw York.
here in Montr,a al " &c burning ia happy quiet,
undisturbed by wars alarms, and unVexsd by high
price, The Canadians have Just passed through min
isteria revolution The ministry which has just goue
favored and truckled to the Yapkee@ The sins"
approximate Oh the Soltbern qleshon 10 the
Derby party in EnglInd, or, at least, most Of
the newspapers strongly syupathizing Eith.u', sup
port them The provincial militia have been drilling
for seine months in anticipation of p,ssible Iup ure
between the mother oouotry and the United States.
will add few words about literary matters. The
sensation book Of the day is tho Life of Jssu by NJ
Rensu, OF the French Academy. The author writes
With great beauty and power and 10 supreme adoraon
of the subject Of his work. whom however, he regards
as "a NAN only. He has brought down upon him en-
nf he md
clergy in Frauce and England and the Emperor
Napoleon has gone to the trouble to denouuce the book
in letter 10 the Archbishop Of Paris. Mean while,
famous Je wish Publishing House in Paris Levy Fceres
has announced cheap edition for the working classes
and the .ench priests laundering sg ,inst it from
the pulpits 1t has been republished in New York by
Carleton aud the Reviews are full of the subject
Charles ckens' new novel; to be called sour Muu