The Atlantic Monthly, Volume 10, No. 60, October, 1862: A Magazine of Literature, Art, and PoliticsVarious
History
The Atlantic Monthly, Volume 10, No. 60, October, 1862: A Magazine of Literature, Art, and Politics
Various
American periodicals
The manufacturers of Massachusetts were to be broken down: but the
woollen trade and the shoe-trade have received a new impetus,--are
highly prosperous; and the cotton-spinners, with more than a year's
supply of cotton, have by the rise of prices enjoyed a profit
unprecedented. Having used their cotton with moderation, they have at
the close of each six months seen their stocks of raw material and
goods, by the rise of prices, undiminished in value, and blessed like
the widow's cruse of oil. Nearly all have paid large dividends, many
have earned dividends for the year to come, and are now sending their
male operatives to the war, and their females to their rural homes,
where they expect to perform some of the duties of brothers who have
volunteered for the war. The ruin predicted falls not upon the spinner,
but upon the authors of Secession.
Let us glance for a moment at the present condition of the South.
General Butler found at New Orleans proof of its exhaustion in the
prices of food,--with corn, for instance, at three dollars per bushel,
flour twenty to thirty dollars per barrel, and hay at one hundred
dollars per ton.
If we pass on to Mobile, we hear of similar prices, and learn that not a
carpet can be found on the floor of any resident: they have all been cut
into blankets for the army. White curtains and drapery have been
converted into shirts; for cotton cloth cannot be had for a dollar a
yard.
As we come on toward the North, we find the shops of Savannah nearly
empty, with shoes and boots quoted at thirty dollars per pair. At such
rates, what must it cost to put an army in condition to move?
At Charleston, the stores which two years since were overflowing with
merchandise, and the daily recipients, of entire cargoes, are utterly
empty; and when we reach Richmond, we see sugar quoted at three-fourths
of a dollar, coffee at two dollars, and tea at sixteen dollars per
pound, broadcloth at fifty dollars per yard, while whiskey, worth at
Cincinnati twenty cents per gallon, commands at Richmond six dollars.
Such is the condition of affairs, while the South still has access to
Virginia and East Tennessee, and after it has received a year's supply
of Northern productions for which no payment has been made.
Having thus pictured the physical resources of the enemy, let us inquire
what is the force which he can bring into the field, and his means of
maintaining it.
Public-domain text, read in full here on John Shaqi.
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