CHAPTER XVI. (Page 477-501.)

OPERATIONS OF GENERAL TAYLOR IN LOUISIANA--THE MISSISSIPPI VALLEY IRRECOVERABLY LOST TO THE CONFEDERACY--FEDERALS FOILED AT CHARLESTON--THE DIMINISHED CONFIDENCE OF THE SOUTH--FINANCIAL DERANGEMENT--DEFECTIVE FINANCIAL SYSTEM OF THE SOUTH--MR. DAVIS' LIMITED CONNECTION WITH IT--THE REASONS FOR THE FINANCIAL FAILURE OF THE CONFEDERACY--INFLUENCE OF SPECULATION--ANOMALOUS SITUATION OF THE SOUTH--MR. DAVIS' VIEWS OF THE FINANCIAL POLICY OF THE SOUTH AT THE BEGINNING OF THE WAR--MILITARY OPERATIONS IN TENNESSEE--BRAGG RETREATS TO CHATTANOOGA--MORGAN'S EXPEDITION--SURRENDER OF CUMBERLAND GAP--FEDERAL OCCUPATION OF CHATTANOOGA--BATTLE OF CHICKAMAUGA--BRAGG'S EXPECTATIONS--GRANT'S OPERATIONS--BRAGG BADLY DEFEATED--PRESIDENT DAVIS' VIEW OF THE DISASTER--GENERAL BRAGG RELIEVED FROM COMMAND OF THE WESTERN ARMY--CENSURE OF THIS OFFICER--HIS MERITS AND SERVICES--THE UNJUST CENSURE OF MR. DAVIS AND GENERAL BRAGG FOR THE REVERSES IN THE WEST--OPERATIONS IN VIRGINIA IN THE LATTER PART OF 1863--CONDITION OF THE SOUTH AT THE CLOSE OF THE YEAR--SIGNS OF EXHAUSTION--PRESIDENT DAVIS' RECOMMENDATIONS--PUBLIC DESPONDENCY--THE WORK OF FACTION--ABUSE OF MR. DAVIS IN CONGRESS--THE CONTRAST BETWEEN HIMSELF AND HIS ASSAILANTS--DEFICIENCY OF FOOD--HOW CAUSED--THE CONFEDERACY EVENTUALLY CONQUERED BY STARVATION.