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Suffering in Philadelphia.

Whilst the Northern press teems with fabulous accounts of the suffering for provisions in Richmond, we have seen a letter from a Union property holder in Philadelphia, to a friend in this city, complaining that property holders are unable to collect their rents, and are at hard straits to procure their daily bread. The North will inevitably suffer more from this conflict than the South. We have a firm conviction that it has just begun to taste the cup of want and humiliation which it is destined to drain to the dregs. Its commercial and manufacturing ruin would be more certain, even if it could subjugate the South, than if it should be, as it certainly will be, foiled and baffled in the end. The true meaning of a war of invasion is servile emancipation; and, if that could be accomplished, the cultivation of cotton is at an end. Whether they believe the fact or not, every Southern man knows it to be true, and knowing it, has the thorough and consoling conviction that a Northern triumph would strike a deadlier blow to Northern commerce and manufactures than the most overwhelming Southern victory; and that the South, if she should perish, would perish like the strong man in the temple, dragging down his enemies and himself in a common destruction.

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