The Sun.
London, England, 1862-11-24 00:00:00

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THE SUN.

LONDON, MONDAY, NOV. 24, 1862.

Prolongation of the war, greater vigour in con-
ducting it—such seems to be the opinion of the

holders of cotton in Liverpool. They asked more

for their cotton on account of the triumph of the

Democrats and the defeat of the Republicans, fol.-

lowed by the dismiesal of M.CLtmax. They, at
least, on the supposition that the incoming of
Amek ,ton is deferred by late events. Some
politicians, both in this country and in America,
take the opposite view. They say Mr. LINCOLN

has always professed to b© guided by -what he
understands to be the will of the people. He will

see in the Democratic majority, first, the acceptance
of their known, though not proclaimed, wish for
reconciliation and peace ; secondly, he will accept•

their Tote as one of censure on the anti,

slayery policy, and withdraw his proclamation.
These are plausible views. For there can be no
doubt that, though afraid to say so, the Democrats

would favour the largest concessions to the South
for the sake of peace ; and their hostility to the
successive anti-slavery measures of the Republican
PRESIDENT and majority in Congress was never
concealed.

Still, the verdict of the Liverpool cotton men has,
so far as we can yet see,most in its favour. First, and
chiefly—success is the only thing which can retrieve
the Republican position. If the Republican
PRESIDENT can vanquish the South by any
means, he and his party will be in power at the next
Presidential election. The only question therefore,
with the Republicans is—" Can we beat the South ?
If we only can, all the past will be condoned, we
shall be held to be the saviours of the State, and
President LINCOLN will enjoy a double term of
office." The Republicans have, therefore, not only
their principles to animate them to action, but their
interests. Till December twelvemonths is theirs.
Why should they not " make hay while the sun
shines." Their principles are infinitely nobler than
those of the Democrats, their desire of office and
leadership in the Union at least equal ; —when their
principles point to the only course which also leads
to office, why not give full effect to them ?
England must not do the Republicans injustice.
Their faults are many, but they share them with
the Democrats and Southerns, indeed with all par-
ties in America. But they have one virtue which
neither the Democrats nor the South have, they
desire first the limitation of slavery, and that in
order to its final extinction. The South is fana-
tical for slavery, and the Democrats of the North,
through whom the South has hitherto governed
the Union, are in no way averse to it. They
::111_1(1 do for it anything asked by the South, not-
th%tanding the late split among them. Let us
than Vr•
e Republicans their due. Let us remem-
ber that for all the bullying and offensive con-
duct of Ameri
tions, the Sea towards England and other na-
llb• and the Democrats have been
hitherto so/ay responsible, for they were solely in
power. No city insto
Lted the Prince of WALES but
a great Southern city. The North, after all, gave
him the warmest and heartiest of receptions ; the
South could not brook the
Presence of the heir to
the throne of an abolitionist nation. we may ad-
mit all the follies and pertnesaks
Mr. SEWARD,
but they are trifles compared v,lth the
persistent
desire of the South openly pro
claimed as it
was—to appropriate all Mexico, Central
Ame-
rica,and Cuba, in the interests of emvery.
Both Democrats and Republicans are equally
devoted to the worship of the Union, but
the Republicans desire a Union in which Freedom
shall be the ruling principle, the South and the
Democrats—now dubbed the Tories of America
—want a Republic of which slavery shall be the
foundation. Let the territories be peopled with
freemen, let the Free States be uncontaminated
with the presence of the slaveholder and his pro-
perty, is the demand of the Republicans—let slavery
fill the territories—let the slaveholder take " his
property." to New York and Massachusetts if he
pleases, is the demand of the South and the

Democrats.
Mr. LINCOLN and his friends will feel that if
they do not their best now for their compArgtiyely