The new South. [volume] (Port Royal, S.C.) 1862-1867, 1864-01-16

A RICHMOND VIEW OF TIE REBE:I. SITUATION
The Richmond Examiner Of Dec. 31st contains an
exceedingly ugubrious editorial, from which the
following is extracted
"To day closes the gloomiest year Of our strug-
GLE No sanguine hope of intervention buoys up
the spirits of the Confederate public ut the end
of 1861 No brilliant victory like that Of Freder-
issburg encourages us to look forward to speedy
and successful termination Of the war Us in the
last weeks Of 1862. Meade has been foiled, and
Longstreet has had partial success IN Tennessee;
but Meedes advance was hardly meant in earnest,
and Beams Station is poor set of to the less OF
the gallant men who fell in the murderous assault
on Knoxville. Another daring Yankee raid has
been carried out with comparative impuaity to
the invaders, and timorous capitalists may well
pause before they nibblc at eligible investments
in real estate situated far in the interior.
That interior has been fearfully narrowed by
the federal march through Tennessee; and owing
to tho Deficiencies of our cavalry service Lncolns
sduadrons of horse threaten to be as universal a
terror, as pervasive nuisance, as his squadrons
of cunboats were some months since
The Confederacy has been cut in twain along
the line of the Mississippi, ard our enemies are
steadily pushing forward their plans for bisecting
the eastern moiety. No wonder, then, that the
annual advent of the reign OF mud Is hailed by.
all classes with sense of relief.
Meanwhile the financial chaos is beoossing
wilder and wilder Hoarders keep more reso-
Int crasp than ever on necessaries of Life.
Whatever number of men, or whatever amount
of money shall be really wanting, will be FORTH
coming Whatever economy the Strengthening OF
oilr resources may require we shall learn to exer
else. We could only wish that Congress was not
in such fcverish mood and that the governments
would DO something towards the establishment
of q Statistical Bureau or some other agency,
ly which VIC could approximately ASCERTAIN whrt
we have to contribute, and to what extent We
must husband our resources. Wise, cool, decided.
prompt action, would put us in good condition
for the spring campaign Of 1864, and the Close OF
next year would furnish more agreeable retro
spect than the a7,:Hu fliTdGii2 CT hlunders which
we now oonsign to the dead past.
Non-producers, who are ut the same time non-
speoulators, aye suffering more and more. What
was once competence has become poverty, pow
erty has become penury, and penury Is hpslng
into pauperisnl. Any mechanical occupation Is
more profitable than tho mostintellectua profess
ion. The most accomplished scholars IN the con.
ederecy woald be glad to barter their services foT
food and raiment, and in the complete upturnin2
of our social relations. Tie only happy people
ere those who have black hearts and skins.
Unreasoning confidence has been succeeded by
depression as unreasoDing and the Yankees are
conoratulating themselves on the result, which
they hawk about as the beginning OF the end ;"
We all have e heavy score to pay Off, and we
know it. This may depress Us, hut cur enemies
need not be iubilant over our depression, for We
are determined to meet them