After declaring that--"Not only are our non-Slaveholders loyal, but even
our Negroes are. We have no apprehensions whatever of insurrection--not
the slightest. We can arm our negroes, and leave them at home, when we
are temporarily absent"--Mr. Wigfall proceeded to say: "We may as well
talk plainly about this matter. This is probably the last time I shall
have an opportunity of addressing you. There is another thing that an
invading army cannot do. It cannot burn up plantations. You can pull
down fences, but the Negroes will put them up the next morning. The
worst fuel that ever a man undertook to make fire with, is dirt; it will
not burn. Now I have told you what an invading army cannot do. Suppose
I reverse the picture and tell you what it can do. An invading army in
an enemy's country, where there is a dense population, can subsist
itself at a very little cost; it does not always pay for what it gets.
An invading army can burn down towns; an invading army can burn down
manufactories; and it can starve operatives. It can do all these
things. But an Invading army, and an army to defend a Country, both
require a military chest. You may bankrupt every man south of North
Carolina, so that his credit is reduced to such a point that he could
not discount a note for thirty dollars, at thirty days; but the next
autumn those Cotton States will have just as much money and as much
credit as they had before. They pick money off the cotton plant. Every
time that a Negro touches a cotton-pod with his hand, he pulls a piece
of silver out of it, and he drops it into the basket in which it is
carried to the gin-house. It is carried to the packing screw. A bale
of cotton rolls out-in other words, five ten-dollar pieces roll out
--covered with canvas. We shall never again make less than five million
bales of cotton. * * * We can produce five million bales of cotton,
every bale worth fifty dollars, which is the lowest market price it has
been for years past. We shall import a bale of something else, for
every bale of cotton that we export, and that bale will be worth fifty
dollars. We shall find no difficulty under a War-Tariff in raising an
abundance of money. We have been at Peace for a very long time, We are
very prosperous. Our planters use their cotton, not to buy the
necessaries of life, but for the superfluities, which they can do
without. The States themselves have a mine of wealth in the loyalty and
the w