, 1864-01-23
THE STATES IN Rebellion.
LATEST NEWS FROM THE
SOEjTEI.
TIae Great Crisis of 1:1c NV ar
Appro1acafnG.


SOUTET.
The Great Crisis of a1c aaiREFar
Approaching.
Ne have received fi1cs Of Richmond papers
to the 18th inst, inelusive, from which wo
make tie following reSnse Of Southern neW5:
DEsIGHs ON SAVANNAH.
Some Of our Southern exchanges are mp
preEensive Of an attack on Savannah, lib I:
part Of the encuT's programme Oh the coast
during the winter. This Ia inferred from Ger"
tain recent movements at Hilton Head. which
seem to Indicate concentration Of forces for
movements on which the apprehension Ia
based are designed as feint, and If blow Is
intended II will be delivered elsewhere. The
most plausible reason in favor OF IN attack
On Savannah Ia, that It would constitute
base Of operations against Charleston.-Rtch-
naohd Wig, 15th.
MORAL COURAGE N DEsAED,
The utmost nerve; the flrn1est front, the
most nnda1nted courage, will be required
who are charged with ths management of at
fairs In our country, or whose position gives
them any influence In forming or guining
public continent. Moral courage, says the
Wilmington .lourndl, the power to resist the
approaches Of dependency, md the facu1ty
nerd greatly 10 Be called into excrcise; for
We hare reached that point In our revolution
which is inevitably reached in all revolutions,
when gloom and depression tdkcs the place
Of hope and enthusiusm-When despair is fa-
tai aud dependency is even more to be dread
cd than defeat. In such . time VIC can Under
stand the profound wisdom Of the roman SEN
ate In giving thanks to tue General Who had
suffered the greatest disaster that ever over
took the Roman arms, "becanse he had not
dcspaired Of the Republlc.-Whig, Jan. Is.
OUR CREDIT ABROAD.
From what We have been nble to learn by
conversation with Intelligent gentlemen who
Wilmington Journal, the Impression among
Confederate officers, agents, Officials and citi-
xens now in Europe, seems to be that ubout
the only plan to sustain Confederate credit
abroad, and restore it ut home, is for the
government to become the sole holder and
&c .That some such idea bus beeu pressed
upon the attention Of Congress, or will be
pressed, We regard as likely:
we need not speak, at this late day, Of the
| mutual action and reaction Of foreign aud
domestic credit. The value Of our currency
at home is felt to depend upon the price Of
foreign cxchange-eSchange, for reasons eas-
| gold. The price OF exchange Is the'barome-
| Ter which marks the rise or fall Of credit
abroad. If exchange could be brought down
| to five for one. instead Of twenty for one,
our paper dollar at home would soon be
found to rise proportlonately In raluc.-'
Riehmond Wkg. -
| 4 REASONING WITH THE rEorLE-pRoAIsE
AND PERFORMANCE.
From the Richmond Wing, t4th]
When the war began everybody prolessed
to be willing to lay down life and giye up
property in behalf Of the cansc. Now, few
| appear to be willing to part with either, d.
though the nooday sun is not palmer than the
fact, that, without great additional sacrifices,
the army cannot be sustained, and the cause
must fill The fear Of getting killed and
wounded threatens to reduce all Of us te
slavery, and the fenr Of starvation, added t.
the lust Of EaiE, Dsay produce 8 famine In the
army If not at home. a little less fright and
more common scusc-we will uotsay patriot
isu-may compose these. difficulties, an6
wc hare fallen.
Make itu question Of seHintorest at once
and look at It In that way alone. Shall VIZ
give part to our suffering sons In the army
Or let the Yankees take alls That is th'
problem, not oyer-stated, and not to b|
evaded. We:must meet it now. It vii mo-
do to put II oil till next year, or even till neg
spring. It must be faced right away, Hid
yoHr pork, keep back your corn. tell He
abort your profits, dodge out Of the army
and continue this game for . few brief months
and the Yankees Will eat your corn, you
viii IL, a runaway White man in The woods
OF conscript In Ltnco}n's army Your wifi
aud daughters Will be washing Yankee clothes
, Your little children will be working thirtec1
, hours day In Yankee factories.
You smile dcrisiEely at this sort Of talk
for you fancj yourself too smart even for til
Yankees. You say to yourself, "They ar
. ! not fools enough to set all the negroes free
: they will be obliged to keep them as appret
: | tices, and If they do, their former master
! will hare control Of them for they alone Gu
: manage them" Say nothing Of the intlnit
! place Of oyereeei TO Yankee masters, this
the very error Of the moon. It Is 'ston
i blindness; the fatuity Of cowardice and a7'
! rice combined.
5 What man possessed OF eye-sight aud caI
able Of reading the newspapers does NJ
t a1d more control Of the Lincoln Adminlstr
: ton and Of tho Northern peopley The
y | power Ia now absolute, and their slogan
''death to slavery" The greater their SUI
: cess, the more fanatical they become. SUI
t pose they triumph In war against SLAYER
c themselves By continuing the existence I
q slavery? Look at Maryland, Kentucky, HI
y tis possible slavery might be retained
$ in the cotton States by tho Yankees, but
. the Border States 1t is doomed If they su
coed. Every inch Of land In these Stat
- will be demanded in the nano of free soil,
which never yet demanded auyht IN vain
+ the bnnds Of any party at the North, and ce
It tninlj not Of tie Republicans. See tho pr
0 mise Of farm ia Tennessee to each vcteru
n volunteer who re.cnlfsts for the war. Il
] 5nlA
.pay. Think Of thu honesty, mercy, human
fy they hare displayed hitherto. The CO
9ucfed rebel may think 10 hold hts acres By
cheap oatl of allegiance, but TINT title trit
, | viii not deceive tho Yankee vctcran rolu
a teer who wants farm, or tue Yankee Go
y crnucnt, which wauts money. To the vict'
y belongs the spoils-
}. Dcg!,ry ind exile will 10 our fate II :
!, FILTER now. We can't cat our cakc and ha
. 1t. We can't wngc war without loss. T.
u time Inns como now to make good onr car
promises Half loaf ia better thun ]
l. bread, with ban1shment or slavery to boot.
I. M1scEl1ASEoua NEws.~
r ESCAPE or Pn1sosEns.-Thc Atlanta Ca
"a Etlt,acy Btates TINT seventeen prisoners
:. capped from the barrncis on Monday nigl
:. nine Of whom were Fcderals and the r.
+ Co1ifcderutcs. Among them was Col. eli
n OF the 5th Tennessee Fcdcral), who was tax
= while bearing dispatches to Gencral Thom'
!, and who, for some reason, has been detaln
l. In the prison In t'at place.
e the SPIRIT IN WEsr TENxEssEE.-Pt
ir tions Of six moro regiments Of West Tenn
sceans have lately come ont for arms. Th
,c teen regiments are. said to haye report
g this week to General Forrest. The Yanl
% policy of imprcssments into their service
T. driving recrnits rapidly to our own.
q, P111ow AGAIN IN TIE 'F1ELD.-Gene
n Pillow, says tho Montgomery {Ala) IuN i
d been ordered to the Army Of Tennessee, a
L. bis dptics in that city now deyolyo on lid
g Dcnufs, under orders from the War Dcpa
ment.