The Continental Monthly, Vol. 6, No. 6, December 1864, page 169 by Various Authors
<< Return to Title Details & Download170
and the land.
During this interval of peace, when there is to be no blockade of the Southern ports, what is to follow? By their own accounts and estimates, the Confederates have within their limits, in cotton (at present prices), tobacco, and naval stores, a value exceeding one billion of dollars in gold. Now then, so soon as the armistice was agreed upon, the war upon the ocean, including the blockade, having ceased, the whole of this cotton, tobacco, and naval stores, would be shipped to Europe, or partly to Nassau, on the way to Europe, and this enormous amount realized by the Confederate government in gold. We know what tremendous disasters have been produced by the cotton famine in England, France, and other countries. Now, the first effect of such shipments would be the total ruin of all our manufactures of cotton and other textile fabrics. But another still more serious result would follow. We know that Louis Napoleon is the bitter enemy of the Union; we know that he has again and again declared that we could not suppress the rebellion; that he has earnestly thrice endeavored to persuade the British Government to unite with him in acknowledging the independence of the South--twice through efforts made directly upon the British Cabinet, and once through Roebuck and Lindsay, members of the House of Commons, to induce it by a parliamentary vote to compel the British Ministry to unite with the Emperor in acknowledging the independence of the South. That Louis Napoleon is our bitter enemy, is proved also by the French-Mexican war, in which England, and even Spain, separated from him. It is proved also by the diplomatic correspondence of Jefferson Davis, and by his friendly and approving recognition of the establishment of the French Imperial Government in Mexico. It is further proved by Louis Napoleon's own letter, in which he declared, that one of the objects of the Mexican war was the establishment of the equilibrium of the Latin race upon the American continent. It is farther demonstrated by the proc