Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1864-01-25
CONDITION OF THE soUTH-ANGLO-R REBEL
VIEW OF THE SITUATION.
Correspondence Of the London TimeGl
RICHMOND, Nov. l4.h, 1853.


On the other hand, in rebellion itself the Federas
| have a powerful ally in circumstances, which my
thinking have from tho beginning quadruplcd the meg
nltude Of the Confederate task No one vho has been
sOnUersant NTH the Northern States during the last
years can have failed notice nth OSonishmsnt the
faith stronger than death whieh the NOrthernerS have
hibitea in their STAR Msir manifest destiny" tir
religion" their Alpha and Omega their dream of do
niinior from sea to sea- and TO quote Mr.. Eyerets
worosl rom the icy Pole to the flaming bel: of the
Equator" No parallel faith has ever been exhibited by
tn ConisdsTae Safes in their future Six great South
ern victories in the field ana three drawn battles,
hauspg the niue principle collisions Of the war; the
| tire absence of any Such panic rous Ball Run or
Chickansugl the tried in6,acy OF the Federal block
ade The unmolesed predatory fight of Alabsmas and
Floridas sea, haze altogether failed 10 inspire the
masses of the South Nth 1.-THE of that confidence in
Themselves rhich neher defeat, disaster hope
deferred nor illusions dspeiLed haze shaken Oat Of
tie NorthernTs
In many fashions Southern unfaith crops up and
coils upon the Confederate Government making, fer in
stance Mr. Memmingsrs task though he takes his stand
u,on raw material worth sixty seventy millions Ct
pounds sterling herculean compared with Mr. Ohssee,
who issues vastly larger promises pay security OF
breadsuf exports worth only sixty or seventy millions
OF dollars There are, of course, other to ac-
count for the fact that three dollars in "greenbaeks"
will buy two dollars in gold while it requires thirty pa
per dollars of the Conedeiacy TO buy like sum but
the Fundamental explanation OF the discrepancy in value
OF the edeemsbe paper issues of the two sections lies
in the vastly superior faith in themselves of tbs North
ern people.
For many months we have heard throughout the Con-
federacy the croakers cry ID something arrest the
depreciation OF the currency, or we perH but hher
TO nothing has been done and is seen by every
body We are on the brink of the precpice L. is uni
Vesay adm it ed Il At the country is richer in every
thing which constitutes wealth than twelve months
AGO: that there is efficiency of meat and far greater
frt,it
etab!es have BEEN granted in unusual abundance
that hiehmond has supplies of coal and rood vastly
ia szcsSs of hose laid "a against last viHtern proof
of which may mention that the streets now as well
lighted those Of London whereas last year their Gin
merriam darkness was favorite theme Of the New York
Harad but in spite Of these facts uuaith in Confede
rate currency grows apac the farmers refuse to part
with their crops any terms; flour etches 500 bar
rel and is rIsi0g; bacon Is close upon So pound;
everything is proportionatey DEAR and nothing pent-
full save Confederate currency, until, at last woman
going TO market has been heard TO excaim {: 81 carry
a basket TO market to hold my money, and carry
pocket book to fetch home the alice Of eUhieh Il buys
1t was long ago remarked by Aschavelli that no
people once emba ked in is ever forced into peace
by reason of pecuniary nanion and never there
naors less amenabe TO considerations of cash than the
two sections of sundered Tepub which, three years
ago exhibited an average of individual wealth among
It's citizens such could be found where else upon
em0RlTaesment9 oil the C0nfedera IN 0c
jussing their currency in getting the supplies which
abound in distant Florida and elsewhere up to the
mouths which need them and in int oducng, through
an increasingly stringent blockade all that is vital TOR
their continued struggle, may be, and probably will be,
grievou, and perplexing; that they will be tuch
extinguish paralyze future resistance will not be
Chilly credited by one who knows what difficulties have
Already been surmounted, what shortcomings supple
msnted, what energy and ingenuity displayed.
THE reported capture of the two principal Govern.
ment vessels which have since January last been en-
gagged in running the blockade aud which have made
nearly fifty round voyages between them, will doubtless
be held up to England by Mr.. Seward as a great in
stance of Yankee vgor and yet quires large charity
to regard Is effective such blockade has been for
eleven months pierced at will by the Oornubia and
Graft or as she has recently been called the Robert
f. Lee Doubtless fresh Government vessels will soon
be obeyng the behests Of the Ordnance Bureau and in
the meantime such Is the glut of blockadng goods in
roduced into the Confederacy by the vessels belonging
70 private companies that understand there are at this
moment fifteen cargoes Warehoused at Wilmington
awaiting rise in prices before they eored for SALE
Never since the establishment Of American independence
have there been such supplies of bTandes and wines in
Richmond Augusta, and many other cities as at tn
moment The blocka1e-running seems about to be in
termitted not so mach by Of the increased energy
of the 6Ioekading sguadrons of the fact that he
Sotern markets. goods already introduced
Great "a has been the acumen exhibited by the EGG