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A short war and a Merry one.

--This is the burden of the Lincoln Administration — It is obviously the true policy alike of North and South respectively. We are to have a short war. And it is to be decisive, says the North, and we are to assume that it is to be as merry as it is short. We are told by Mr. Secretary Cameron that it is to establish nationality. Virginians, Carolinians, Georgians, Mississippians, Alabamians, Floridians, Arkansans, Texans, all are to be wiped out, as such, and we are all to be Americans, and the Lincolnians and the Cameronians are to rule the roost hereafter. A beautiful programme. All that is held to be necessary is 400,000,000 of money, to be borrowed by a Government that cannot borrow 10; and 500,000 men to be raised, where now it is found not so easy to get 100,000. The anxiety of our beloved brethren of the North for a short war is to be considered. A very short war is all that they can stand. A long war is fatal to them. A single tradeless season is their ruin. Everything going out — nothing coming in !--The complications with Europe, mean while, tending to perplex the matter! Emigration going back to Europe ! No starving mercenaries to be had after the first campaign ! And the Captains of Connecticut captured by the Virginia damsels! The dear Lotharios. A short war, if you please. That we desire also ! But whether you will find it a merry one, is a problem. Let the Fates of Furies answer. Our numbers and preparations should be equal to our spirit. Let the South prepare promptly for a short war, but one on an extensive scale, and savage.--Charleston Mercury.

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