October 30, 1860: The situation in Virginia

A couple of special dispatches to the New York Times. First we hear of plans by secessionists to embargo cotton and force the European powers to recognize the Confederacy. This was actually attempted, and mainly served to develop India as an alternative cotton supplier.

Virginia to be Made the New-England of the South.

Special Dispatch to the New-York Times.
WASHINGTON, Tuesday, Oct. 30.
The plan of the Southern Disunionists, as just exposed, is to hold back the Cotton crop, which has already been drawn on, and refuse to let a single bag be shipped to England. The result will be, as they suppose, a drain of specie and a general financial crisis.

Hon. A.R. BOTELER, of Virginia, brings intelligence from New-York to-night that New-Jersey is safe for Fusion, and that the chances are against LINCOLN in New-York.

A letter from Hon. A.H. STEPHENS, declaring that if the Union endures the principles of DOUGLAS will survive, is published in the States this evening.

The secessionists announce their purpose to make Virginia the New-England of the Southern Confederacy, and by stimulating her energies and developing her resources, to increase the value of her slave property. It is not expected that Virginia will join in the secession movement. O.

Then we hear that Virginia is not anxious to secede. Of course, that was true too, but the state would follow the lead of the rest of the South.

The Condition and Position of Virginia.

Special Dispatch to the New-York Times.
RICHMOND, Va., Tuesday, Oct. 30.
I have carefully inquired into the condition of things here, and find the common reports of the feeling in Virginia much exaggerated. The financial condition of the State is excellent. Of course there is a great deal of panic-making; but the truth is that everything depends on South Carolina in regard to the action of this State. If she accepts the election of Mr. LINCOLN, Virginia will give the Government no trouble, Gov. WISE to the contrary notwithstanding. Things are decidedly improving, and the belief in an impending catastrophe is seriously modified here by the increase of a general temper of conciliation and forbearance. V.

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