The French tobacco supply.
It will be remembered that late accounts from Europe
state that the Emperor
, on hearing of the defeat of the Lincolnites at Manassas
, declared that he would be compelled to acknowledge the independence of the Confederate States
This determination of the Emperor
reached us only as the unauthorized report of a Paris letter-writer to the London Herald
, but there are circumstances which authorize us to put more than ordinary confidence in the report.
It was remarked some time since by the Southern
papers, as a significant fact, that agents of the French Government
were making their usual supplies of tobacco in Virginia
, regardless of the closure of the Southern
ports by the Lincoln
Large purchases of tobacco have also been made in New Orleans on account of the French Government
It was thought by many that these purchases were significant of a determination on the part of the French Emperor
to disregard the partial blockade of American ports, but the following article from the New Orleans Propagateur Catholique,
of the 17th inst., (for a translation of which we are indebted to a friend,) affords a different solution of the matter, and shows that the overconfidence of Old Abe in his power to subjugate the South
by a given time to likely to involve him in a serious difficulty.
The following is the article from the Propagateur:
"The Reason Why McDowell was in such Haste to Give Battle at Manassas.
acknowledges, in that he hastened to give battle at Manassas
before all his plans were well matured.
He gives the reasons to justify his precipitancy, but there is another reason which he has neglected to give, and which, nevertheless, deserves to be made public.
If we are well informed — and we believe that we are — Lincoln
had pledged himself to deliver the tobacco of Virginia
to the French Government
by the 1st of August on this condition, the French Government
had authorized its agents to purchase.
The rates were concluded, but with the express understanding that the Government
would be prepared to deliver the tobacco on the 1st of August.
21st of July.--time passes, But by exterminating the Confederate army, Scott
hoped to enter Richmond
in triumph on the 22d; and the tobacco could then have been delivered at the date agreed upon.
, who has probably not read Lafontaine, had sold the bear skin before killing the bear.
The question now is to know how the French Government
will take the hazardous joke.
It is with the same arrogance that Lincoln
has promised the European
powers to deliver to them the cotton of the South
in the middle of October.
We shall now see if these gentlemen of the North
will come for it."
When it is remembered that tobacco is an important Government monopoly in France
, from which the Emperor
derives millions of revenue, and that immense purchases of tobacco have been made, which are now locked up by the blockade, it is not difficult to believe that Napoleon
, having become convinced that Old Abe is a humbug, and that he has not the power to subjugate and plunder the South
is inclined to recognize the independence of the Confederate States
The truth is, he has it to do or go without his tobacco.--Savannah News.