Colonel Desmit's devotion to the idea that slave property was more profitable than any other, and the system by which he had counted on almost limitless gain thereby, was not only overthrown by the universal emancipation which attended the issue of the war, but certain unlocked for contingencies placed him upon the very verge of bankruptcy. The location of his interests in different places, which he had been accustomed, during the struggle, to look upon as a most fortunate prevision, resulted most disastrously. As the war progressed, it came about that those regions which were at first generally regarded as the most secure from hostile invasion became the scene of the most devastating operations.

The military foresight of the Confederate leaders long before led them to believe that the struggle would be concluded, or would at least reach its climax, in the Piedmont region. From the coast to the mountains the Confederacy spanned, at this point, only two hundred miles. The country was open, accessible from three points upon the coast, at which lodgment was early made or might have been obtained, and only one flank of the forces marching thence toward the heart of the Confederacy could be assailed. It was early apprehended by them that armies marching from the coast of North Carolina, one column along the course of the Cape Fear and another from Newberne, within fair supporting distance and converging toward the center of the State, would constitute the most dangerous movement that could be made against the Confederacy, since it would cut it in twain if successful; and, in order to defeat it, the Army of Virginia would have to be withdrawn from its field of operations and a force advancing in its track from the James would be enabled to co-operate with the columns previously mentioned. It is instructive to note that, upon the other side, the untrained instinct of President Lincoln was always turning in the same direction. In perusing the field of operations his finger would always stray to the eastern coast of North Carolina as the vital point, and no persuasions could induce him to give up the apparently useless foothold which we kept there for more than three years without material advantage. It was a matter of constant surprise to the Confederate military authorities that this course was not adopted, and the final result showed the wisdom of their premonition.

Among others, Colonel Desmit had obtained an inkling of this idea, and instead of concentrating all his destructible property in the region of his home, where, as it resulted, it would have been comparatively secure, he pitched upon the "piney-woods" region to the south-eastward, as the place of greatest safety.

He had rightly estimated that cotton and naval stores would, on account of the rigorous blockade and their limited production in other countries, be the most valuable products to hold when the period of war should end. With these ideas he had invested largely in both, and in and about a great factory at the falls of a chief tributary of the Pedee, he had stored his cotton; and in the heart of that sombre-shadowed stretch of soughing pines which lies between the Cape Fear and the Yadkin he had hidden his vast accumulation of pitch, turpentine, and resin. Both were in the very track of Sherman's ruthless legions. First the factory and the thousands of bales carefully placed in store near by were given to the flames. Potestatem Desmit had heard of their danger, and had ridden post-haste across the rugged region to the northward in the vain hope that his presence might somehow avert disaster. From the top of a rocky mountain twenty miles away he had witnessed the conflagration, and needed not to be told of his loss. Turning his horse's head to the eastward, at a country-crossing near at hand, he struck out with unabated resolution to reach the depot of his naval stores before the arrival of the troops, in order that he might interpose for their preservation. He had quite determined to risk the consequences of capture in their behalf, being now fully convinced of the downfall of the Confederacy.

During the ensuing night he arrived at his destination, where he found everything in confusion and affright. It was a vast collection of most valuable stores. For two years they had been accumulating. It was one of the sheet-anchors which the prudent and far-seeing Potestatem Desmit had thrown out to windward in anticipation of a coming storm. For half a mile along the bank of the little stream which was just wide enough to float a loaded batteau, the barrels of resin and pitch and turpentine were piled, tier upon tier, hundreds and thousands upon thousands of them. Potestatem Desmit looked at them and shuddered at the desolation which a single torch would produce in an instant. He felt that the chances were desperate, and he had half a mind to apply the torch himself and at least deprive the approaching horde of the savage pleasure of destroying his substance. But he had great confidence in himself, his own powers of persuasion and diplomacy. He would try them once more, and would not fail to make them serve for all they might be worth, to save this hoarded treasure.

It was barely daylight the next morning when he was awakened by the cry, "The Yanks are coming!" He had but a moment to question the frightened messenger, who pressed on, terror-stricken, in the very road which he might have known would be the path of the advancing enemy, instead of riding two miles into the heart of the boundless pine forest which stretched on either hand, where he would have been as safe from capture as if he had been in the center of the pyramid of Cheops.

Potestatem Desmit had his carriage geared up, and went coolly forth to meet the invaders. He had heard much of their savage ferocity, and was by no means ignorant of the danger which he ran in thus going voluntarily into their clutches. Nevertheless he did not falter. He had great reliance in his personal presence. So he dressed with care, and arrayed in clean linen and a suit of the finest broadcloth, then exceedingly rare in the Confederacy, and with his snowy hair and beard, his high hat, his hands crossed over a gold-headed cane, and gold-mounted glasses upon his nose, he set out upon his mission. The night before he had prudently removed from the place every drop of spirits except a small demi-john of old peach-brandy, which he put under the seat of his carriage, intending therewith to regale the highest official whom he should succeed in approaching, even though it should be the dreaded Sherman himself.

He had proceeded perhaps half a mile, when his carriage was all at once surrounded by a motley crew of curiously dressed but well-armed ruffians, whose very appearance disgusted and alarmed him. With oaths and threats the lumbering chariot, which represented in itself no little of respectability, was stopped. The appearance of such a vehicle upon the sandy road of the pine woods coming directly toward the advancing column struck the "bummers" with surprise. They made a thousand inquiries of the frightened driver, and were about to remove and appropriate the sleek span of carriage-horses when the occupant of the carriage, opening the window, thrust out his head, and with a face flaming with indignation ordered them to desist, bestowing upon them a volley of epithets, beginning with "rascals" and running as far into the language of abuse as his somewhat heated imagination could carry him.

"Hello, Bill," said the bummer who was unfastening the right-wheeler, as he looked back and saw the red face framed in a circlet of white hair and beard. "Just look at this old sunflower, will you? I guess the old bird must think he commands this brigade. Ha! ha! ha! I say, old fellow, when did you leave the ark?"

"And was Noah and his family well when you bid 'em good-by?" queried another.