The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-03-02
CoNsERCIAL AFFAIRS.


ana Worcester, a; Farmers Loan x: and Hudaon RI
yer Railroad. y; Resdisg Railroad advanced Y mar
sent; Erie Railroad, Vi Canton Co X and Harlem. Y
There was very little doing in any .snoy but Reading
and II is the demand from the shorts that prevent.
prices from steadily settling down to the starting
point At the second board. the market was rather
more buoyant-Erie Railroad went up x per cant.
Reading Railroad III Farmers Loan, a; Harlem. Long
isisnd Morris and Portsmouth Dry Dock, Heach
hssding Railroad fell of at the first board
yesterday, and partially recovered to day but
genera weakness was perceptbls in the fsucI.,
The outside bsrosrians" will not GENE In to relieve
the bulls OF their load but stand resoute,y s,oof ana
look on at the struggle between the bulls and tb.
bears with very much the same Indifference that va.
MANIFESTED oy me woman who was watching tho Tight
between her husband and the bear and who d,an,+
care much which whipped The fairy castles in ~.
sir, that thssspecuators for rise have been buia,r
up with such laborous and painful efforts, shov an
evident disposition to melt into thin air. and will SOON
vanish away, we have doubt, like the b.aele.s
fabric Of vision not exactly however, FOR the former
generally leaves many wreck behind.
The accounts from Washington still contiuus NJ .
nature to prevent all prudent from extending
their operations at such critical moment However
much Gil may concur In the belief that the Union must
ana VIII De preserved, still 1t is too evident that
mere nothing an incensiderats word, hasty reloin
der, or angry denomination of auv hind ON ~.
part Of some Of our Representatives In Consrss.ma
preciptate matters into such condition a to randi,
nugatory the best laid schemes of concilistion an,
compromise should such IN event occur a. va bsrs
only hint At, IL would raise whirlvind that 800
sweep everything before it, and eectuallv pn..,,,
and unhinge speculation of all kinds and In All a.,
isninoations In trade, commerce. or stocks Prudent
mtDtherefore and those who In the habit Of
sail before the squsl strikes prefer at this
10 m M in To NJ
launch out into speculation while the thunder cloua
is lowering near overhead.
There probably has arisen in the vhols no,,,
cal history OF this country question Of such vital Inn
porsnce as that now sgtating the houses of Con-
gess ana It Is equally true that questions Of far lea.
interest have excited apparently more attention n
the great commercial metropolis af the Union T.e
people OF the North do not seem to understand the
nature OF the question ct ISSUE There An apathy In
'he Puoc In this section Of the country that va
fear will permit it to slumber in imaginary peaoe And
secusity until It viii be too late to arrest the i'm
Ing evil We have frequently heard IL remarked. that
the Union cannot be dissolved that ell the dicultis.
complained OF will be smicably djustea In some vav
they know not how; that such il faith In thu In
dsiousilty Of the compact that binds the States to-
eether that they have fears but that all viii bs
ultimately arranged to the satisfaction Of every section
and Of every interest Those radical and fsust
cal In their principles, say they have heard thu
threat Of dissolution from the South often that thew
have not the least idea that will amount to more tina.
mere talk. This shows how little the public mind Al
the North hiss been excited by tee uts in Con-
grsss; and It also shows that not until the volc.,,
free burst out from under hsr very feet will the fe
States be aroused to proper the dangers
rounding them and OF the evils created by the vipers
they have warmed into life and strength by their
tenaDce and support. The people OF the North orc
literally sleeping upon volcano and the evdsnces q,
an eruption are apparently obstinstsly unhssded.
The south has risen In its might. There never WAS
before such universal determination the part Of
the savehoding section Of the country to bring thi
slavery question to nusl ISSUE Live or dis-survivs
perish, every Southern vote win he for dissouor
rather than longer submit the loss Of that psl,te
Importance In the Union which they have heretofore
enjoyed, and at all hazards, will msintan 20 long A.
the confederscy exists Every time that this question
has hses se-ousiy agitsted, siacs Is3 II has been
mere difficult to settle The sprit comprowiss hsf
hitherto been all powerful and the time throw
upon the troubled waters aud rather section
~isuhe hssior the time been asysd extinguish
cd The conservative power OF com PROMISE has dis
appeared ssd the great compromises Hnds that the In
huence he weldsdi~ith that wand, longer suascs
to sooh and calm the preudices Of sectional interests
The south have had enough OF compromise and the,
nov demand hnsl arrangement OF the question: Tn
Missouri compromise merely patched up the difficult,
that then exstsdit failed to eradcste aud remove Al
vestges al the dsssts that threatened to destroy tn,
most glorious political confedsracy ever formed b,
man IL failed to provide for any contingency thu
might ar'e In our political progress aud the esuce
has ever since been insidiously undermining the In
stitutions Of the South, which the remedy applied wa
particularly calculated at the time to protect
No section Of the country IL disposed to compromise
The South have rights and those rights must be 70
epected All that they demand guaranteed By the con
sttution and the idea Of preposerous
IL anything unjust, ifsnythiDg wrong II anything uu
constitutional dsmandedif right and wrong usres
mixed that they could not be separated com sromis
might be submitted TO- for the purpose ofequasing IN
claims Of all parties, and satisfactorily arranging IN
points ct issue But this lisa different question Tn
South srgus that they insist upon nothing ths
their rights, and that compromising assay their right
would be admission that their claims doubt
full character. The North have everything to gsinbt
compromise and the South everything to lose. com
rronise msy take place In dispute between two nation
because dplonatists usvsly claim than they Or
willing TO take; hut between the different interest
Of one couptry-betveen different institutions uude
the zane govsrnment-there Is such thing
promise. The revolutionary tariff OF rs3a was
promise II was more just and equitable ajustms5
Of the policy Of the government to the various interest
CT the country.
We look upon anything shor. Of Q nusi %;
Element Of the slavery question only ~ o pos
ponsneut Of the evils growing out OF that SUI
jet; aud the only course left for the South /
pursue 10 to bring IL at to crisis In fact the
cen do nothing else. They literally force
isto that alternatives and the soossr the crisIs
reached, the better The South have csicusssd n |
coat Of any result closely, and csuticusiy they has
not pressed this question TO Issue taken such
stand without the most mature reelection
ard they are prepared for any emergency. The usu
mpstuosity q the South has given place 20 calm
serious renection and every movement made IL with
full comprshension Of ITS effect and probable cons
quences AZ extraordinary - IL may appear TO tho
Who have not given this question the thought and ~
d-ccn II is entitled to, and will command ths
large portion Of the Southern delegates In cosere
actually more DESTROYS Of dissolution OF the UnIo
than Of any arrangement Of the slavery question vis