Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-05-16

A
whose assets are twice as large as les liza
bilities, If there are any SUCH, is I 2
state Of insolvency" and can loan %
nobody.
Lands on the Mississippi, Arkansas
and Red Rivers now have only a nomi7
nal value. They could have been sold, a
year ago, for q third OF what they viii
bring now. Nov, indeed. they cannot
be sold at all. The Northern me- who
invested, last year, III the cultivation OF
cotton have found themselves, withhardiy
an exception, lsrgely losers, and have
disappeared. The merchants can advance
/ othipgtothepIante Thed0ekets oi The
/ Courts are headed with actions of debt
and blIIs te foreelose mortgages and en-
force deeds Of trust. a rebel owning
twenty thousand dollars, and having
Wild lands in Arkansas to the value, be-
fore the war, Of a hundred and fifty
! thousand, cannot sell an acre, or, per-
haps, even pay the taxes. The danger
of copfscstien made it impossible to find
q purchaser.
Meanwhile, the negroes are being
thoroughly organized Itinerant ex-
horters and stationary orators are preach
ing to them the necessity Of voung in
! solid column the Radical ticket. They
attend a public gathering in Mobile, and
at its close dispense through the streets
firing a thousand pistol shots. They
listen to WILSON and KELLY and pass
Radical resolutions by reclamation.
They parade through the streets and
are harangued at pienics, and return
/ shouting for BRowNLow. At Hunts
vile, the other day, five thousand assem-
bled, and one of them announced b a
ne had & letter in his pocket from THAD.
STEVENS, telling them TO be patient, and
in due time each should have his forty
acres Of land.
The Conservative party has invited
them by bidding for the negro vote, and
so quadrupling its value. The negro
lords avail themselves Of this TO make
the Ethiopian vote a unit BRowNLow
proclaims that he will station his mer-
Z
censries wherever EIHERDGE speaks,
be the consequences arhat fhey mag; and
that the Estate Guards will not
stand quietly by and hear any man
excite the mob spirit, by denouncing the
Federal and State Governments " and
every Province in the South is rapidly
becoming a dependency Of Pandemo-
MUM.
Hitherto, the demeanour OF the col
CURED population of Memphis has been
evidently quiet, peaceful, deeorous, and
to those worthy Of respect, respectful.
For ourself, we have not had to com
plain Of an act, word or look of inso-
lence. The negro, not freed by his own
act, for the most part faithful to Us dur
ing the war, and rarely in the military
service against US by his own volition,
would eheerfully hsye been secured in
/ the enjoyment Of all his civil rights, if
ne had not been cursed with the fatal
dowry Of suffrage. But R greet change
FOR the worse is in progress. The COM
petition for their votes has raised the
value Of the article, and every negro
sufragist is already, in his own estims-
ton, worth three times the value Of
three weeks ago.
The day fades away, and the dark
night Is drawing near, q night Of gloom
and terror, without moon or stars, in
which the winds that herald the coming
tempest will sigh and mourn over the
graves Of the dead States. Eoi'
Eoi," the South may well cry, "lamah
Sa5acthani 2"
There is a tale Of a prisoner confined
in a square cell OF iron plates, which
every day contracting on all sides, by
unseen machinery, until at length the
walls closed upon him and pressed out
his life. such q prisoner is the South to-
dav. Ii Is the wish Of Jac0binism to
destroy the Southern people, to impover-
ish them, 70 force them into a desPairing
resistance, that their m]ercenaries may
/ slaughter them, or to drive them into
exile. Nothing will be left undone that
can ruin them; nothing that can hu-
initiate them and il they crouch and
run and fawn and are undOue' they will
but have earned the new butfetings
which their submission will invite aud
Justify. Not until all msnliness and
/ se~Ifrespect is crushed out Of them, viii
they be allowed to re-enter the Union
and sit below the salt, to gnaw the bones
flung TO them with curses by those to
whom they will have given their linden
lures for life, when they have done the
dirty work of reconstruction.
We rejoice to believe that Mississippi
is being re-volutionized in opinion, and
will not vote for a Convention. She!-
who was az eager 10 withdraw from the
Union as that shamed State which ORR
is persuading to commit suicide in order
to escape from assassinati0n,-She, who
helped drag out Tennessee and Arkan-
sas, and Louisiana and Texas,-SHE,
boastful above most States of her chiv-
! airy and heroism, now TO falter, and fall
like LUCIFER, Son OF the Morning, to
rise no more again forever She to do
this. when her heroic Son stands in
/ dicted for treason, and "a to be tried by
a jury composed in part, in all probs-
blllty, Of negroes. Let SICKLEs and
SHERIDAN impose negro equality on the
white men and women Ofthe South, aud
negroes and Jacobins make emasculated
States, if they will but for the honour
Of human nature let not the hJge State
Of Mississippi sign and seal the bond by
which she will become a mental. She
had better a thousand times die like
CESAR, than live like SAMSON, blinded,
to grind in the mills of the PhiIistines.