nd now, looking back to the struggling and suffering South, one asks
with wonder how these results could have transpired.

Unlike the North, the South went into the struggle with her whole soul
and her whole strength. Every man came forward with one accord, willing
to work in the way he best might for the cause he held sacred; ready to
give his arm, his life, and all he had beside, for the general good.
Whole regiments were put into service, armed, uniformed and equipped,
without costing the central government one dollar; and in some
instances--as of that spotless knight, true gentleman and pure patriot,
Wade Hampton--raised by the energy, paid for by the generosity, and led
to death itself by the valor of one man!

Corporations came into this general feeling. Railroads put their
rolling-stock and their power in the hands of the Government; agreeing,
as early as the origin of the Montgomery government, to take their pay
at _half rates_ and in government bonds. Banks put their facilities and
their circulation, manufacturers their machinery and foundries their
material, at public disposition, for the bare cost of existence.
Farmers and graziers cheerfully yielded all demanded of them! And how
the women wrought--how soft hands that had never worked before plied
the ceaseless needle through the tough fabric--how taper fingers packed
the boxes for camp, full from self-denial at home--shall shine down all
history as the brightest page in story of noble selflessness.

In the deadly hail of hostile batteries; in the sweltering
harvest-field of August, and at the saddened and desolate fireside of
December, the southern people wrought on--hoped on!

And the result of all this willing sacrifice was greatly to reduce the
burdens on the treasury. For reasons before stated the southern army
was smaller, and its transportation cost far less, than that of the
enemy. Its equipment was far cheaper, and its subsistence for every
reason infinitely smaller.

Still, with an outlay per diem scarcely more than one-tenth that of the
North--which amounted to near $4,000,000! daily; with the teeming
fields and bursting warehouses filled with cotton--a year back,
auriferous in every fiber--worthless now; and with a people thus united
to act and to aid it, the Southern Treasury continued to flood the
country with paper issues, based only on the silver lining of the cloud
that hung darker and ever darker over the South.

With _one-tenth_ the p