Correspondence of the Richmond Dispatch.
Yankee fleet — cotton crop — Factories going up, &c.
The cotton crop looks well and will yield more than was formerly supposed it would. No one seems willing to sell to speculators, as the impression is that by the Spring the ports will be open and cotton in demand.
Factories are going up in almost every direction. The planters are turning their attention to raising their own bread and meat, and thus we are gradually working out our independence, for nothing short of these changes could ever make us an independent nation.