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Whistling to keep his Courage up.

--How these Yankees do try to console themselves with all sorts of idle fancies. The following from a Northern paper is a fair specimen:

‘ Some of the leading organs of Jeff. Davis are still holding out the hope of English intervention in their behalf in order to secure Southern cotton. If the Confederate armies, they say, will only hold their own till June, England will surely come to their rescue; for she will not be able to wait any longer for her cotton. Then, as she must, she will have her cotton. For our part, we think it altogether probable that John Bull will be up to his eyes in Southern cotton by June, but that it will all pass into his hands under the old flag of the Union, at every port along the coast, from Charleston to New Orleans. Before the end of January we suspect that Jeff. Davis himself will be thinking of the advantages of a trip to England.

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