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endence was to be achieved only by the endurance and fortitude of our people. The people should told of the hardships and sufferings that possible awaited them, and taught to face their trials was the proper fortitude. Mr. Semmes defended New Orleans against slurs that had been cast upon that city for its easy surrender and the ready acquiescence of its people to the rule of the Yankees. He showed that that city from its peculiar position, was untenable against a foe who held the Mississippi river. Considerable numbers of her citizens had taken the oath of allegiance; but this was in consequence of a systematic tyranny that we of Virginia could not understand, never having been subjected to like circumstances. Mr. Semmes denounced the speculators, but made a distinction between them and men who, engaged in legitimate business, had made money. But for these latter there would be no class from which to raise money to support the Government. He also discountenanced the clamo