Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1864-02-05
vol. XIV, NO. 300



With The spring viii eem8 the last zreas
struggle Of Lincoln 70 oVsrlh brow The Conledsf-
sey His term Of ofies draws 81 q close. and
tbs gathering elements Of opposition EGrn him
that Be, ~ least. may rot havs much tine i6it
in which to finish up The big D he 80 seek-
Mss = undertook. Should he approaching cam
paign give him no material advsnlsgs and
/ should lBe present CoBiederats lima oi dsfsnso
be maintained in its integrity, be will beguesth
20 bis successoT legacy Of erabarrassmsns aud
difficulty. Should snoihsr President resolve q
I pegseyeEein in the insane attempt a. conquest, be
I si.l fad that al the immsnss fflrfs made il
the lass lbIes wears hsve not penetrated 10 the
core OF the dificHiiy, while they hsvs n1tsrialsy
I DIMINISHED and crippled the offensive resources
I Of tie North.
s. fsaffuf an accumulation Of debt in 50 sfort
tms IS unprecedented in the bistoTy CT ua-
tioHs Nor does It pIomise 20 diminish IN vigor
Of growth in the future. The m0nsTOus plant
hss struck its roots fEr and wide int0 q cO1Reni.
a soil, and expands with q Tzpidiiy which
thTtsieus seen 20 spread its black shadow ever
the entire lsrd, chilling end dEzIfgg the
growth Of industry aDd camping the spirit oi
enteTpiise- Financial eTpsdienis haze limit
asyoT q which hey eanaos 60 Cunning arii-
dee msT ior 3 time dslude tie people, and thrca
dseelliUl veil over interior roftenuess. but
lheTe Is su Inevitable fGio before it nhich 81
emily approaches, and which. st last ike he
Z end IN he Esble, VIII besr no further delay,
and 81 sief es lis Fieum of 20 peIdiuon
WishCuI a sub tsufial ba.is 70 rsst upon. an
imInei.se sysiem nf national debt Is sfre 10 ier-
.nina,o 10 IuH. Eserg interest and sTsry indi.
vldnsl in he ale . dawn into ihe HmrDooi.
and every piiIsr Of sha social edif e burtd in
ths uu.veT al eAlaelys sm. Precisely such the
condition Of the people OF the UHsied Stasea-
The sris Of banking and the m0meutaTy iaci.i-
ties OF \ co umereial uaiisn have 90 far,
sm9ofbed iheir path and enabled them 70 mska
extraordinary e1eIii0ns. BHlit is evident this
course Cf expsoisnts eauuoI co1tiEus india
uitslg Confidence in suecFss has sustained
theT cause 20 far, and N the e1Dtelstiln Of con-
queriag he South they have iouHd an imaeins-
$ basis f5r teeir nstiOuai debt VIA The post-
psnsus4t Of this desired ecHsummzuoa, Ittir
bo'sie1ed cFetiI must sInk- II they utterly ifii.
eornpieie bankruptcy impends over ihsm.
Sho1!d they succeed, after 50 loHg 9 struggle,
they will I'D that thsy have expended more
thsn sho fee 8 mple Of q pfosperoEs country IN
oder 90 reduce into sterile unigy.a Iegion de-
vas,sted by war and deprived Of sli rseupsssfiYs
gower.
Tne army with which the work Of conquess
s 70 be carried On is another terrible obslaels
y hieh bzs 70 be faced BY Lincoln snd hls sac-
csssoF. This, 700, is closely conEecisd 6ith ihs
dnsneisl difficulty. In 8 country WhsEs q
saesping e5nscIipiiou has been shown 70 be
npraeiicsbs, large army to be kept up b.
voluntary eniistment, requires The most .s7isa
sYstem Of bouniies. The sums which the
Tsnkers row pay to secuIe veteran soldier
zzs alnest incredible They sppIoximats what
In aEdinsry times wiuid purchase "a g6le-
bodied slave in the South. No great foresight
3 rsdui1ed 70 see the ineViiaDls teImination Of
such reckless sxtravagauco as this Soldiers
are eyidently aot abundant when such Suns
have to be psid Tor them, AID the payment Of
such sums renders aoidier5 sczTcer, 5eCause ns
ons will enlist ulffs he receives Ike enormous
bribe Thus the elements OF military and hnkH-
cisi weakness are Intimately cunDacied. aoQ
mutually stimulating - each other.
All these considesasieus lead % tie coucluEien
tsrs, l564 will DO The last siIuggle OF the var 10
- DrGsrnt dimensions. il pToiTaeted stu, i
via and to contract 20 wear ont 70 8mmsr
4 ,yvu unil gtsdusl quisseence gsyss plEesto
Deaee. TIE esming campaign leeks liks : So
ouel 70 that Of 1902 Then The army Of tie
Rorfb. fer the 8 q tino fully eqnipped and OI-
yasssd. eams on 70 crush ihs Soaih like a. sv-
sisuSh lie. Foiled ia hat, they have since unfe-
ini.,inelv esEred on system Of steady sud
/ ,.eli-eSzeeried Aggression, By Which hey haze
/ Gained ems 'deTabis advantages, srd paved the
J s,v for tho 81, ~ blow which is- they sapPose
/ to destroy The fore OF the Tehsllion. Defeated
1 N that, thsIe is uaih 'ng rev 70 resort to Ihe
defshsIve capacity ana ,-ehssion q ~ Sollssl1
aTacY, under proper uaansg -iens' e ~
K WhIs tasiT power Of aseresslol. wi ainaia sh-
Isis \ gratifying feature that on. Peopls have
/ acquired 3 better tore than the leeiI.y oi de-
/ spUnisuey recently Infused into them by tie
reFeyses IN The West Croaksrs q misish IA
number, and the psopie, albeit aud without anx
isty, pTepsre with hope ard tfuy for tde coming
shock Better fhzn all. the az. iies and me gen
erals Who ere 70 deci6s The great csuse aTs buoy
s1t and confident. trusting in that pTozsss
pldch has vindicsted lis superioTiiy in every
AIR feld and unable to believe that The subiec-
lion Of people whose exhibitions of civic and
military virtue have 90 sienally proved that
they are wor hy Of national life. can be written
n The Book Of Fais.