New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-07-27

n6y- Mr.. CLAY's SPEECH in favor of Com
promise and Cancellation appears complete
in our columns to-day, as it should have
done yesterday, but one-half our revised Re-
mort of it, which should have reached us
Thursday afternoon, was somehow mis-
carried, 80 that it did not reach us on Thurs
day at all, and of course could not be issued
on Friday morning. We hardly regret the
detention, however, since it has enabled US
to present the Speech more carefully and
thoroughly corrected, we venture to say,
than it has been or will be given in any other
journal. We respectfully invite critical
comparison of ours with any other version.
1t is common to talk of this or that
Speech as especially great and often as
'the greatest ever made. We prefer another
mode of expression. Mr.. Clay has made
sneecbes of q higher order than this-bet-
tor calculated to endure-others have made
much greater. But that any man could
have made a speech better fitted to the time
and the purpose We do not believe. 1t is
the speech to strength the hearts of the
friends of the Compromise, and to make its
adyersaries Of all shades pause, reflect, and
at least regret the necessity for their OppOsi-
ton. Many of the ideas advanced, the
nr;nc;ples affirmed, are such as we do not
concur in; we do not share Mr.. Clay's SAN
cu;ne belief that this Adjustment, or any
other bill that could be passed, would put
final stop to agitation and CONFUSION SO
long as half our States cherish and the other
half repudiate Slavery. The disease which
;mpels these sectional quotations seems TO
us far deeper and more serious than Mr.
CLAW suspects. But that the passage of the
Omnibus would avert the imminent peril of
civil war and struggle for disuniOn-that
it would save the pride Of the South, while
IL admits Free California and almost secures
the New Territories against the irruption
of Slavery-in short, that it is in truth
fair and equal compromise Of the questions
ON which the North and the South are at
issue-we cannot doubt. 1t is not all we
want, but it is more than we are likely to
get in any other way. 1t gives us all We
could expect with five Senators and twenty
five Representatives from Free States openly,
efficiently, determinedly hostile to any di-
rect inhibition of Slavery in the Territories.
1t is not Mr.. Clsy's fault that the North
is not in q condition to demand and secure
still more. He violates no instructions, de-
fees no wish Of his constituents, in opposing
the Proyiso of Freedom. And, in telling the
South frankly net to expect the Extension
Of Slavery under the Compromise, ifpassed,
be exposes himself to Southern obloquy and
hostility, but he can bear them.
The Compromise measure has been
changed for the worse since Mr.. Clay first
presented its bases to the Senate and the
Country; and now, should the Bradbury
amendment be adopted and the Boundary
between Texas and New. Mexico be left un-
settled to abide the issue Of contingencies,
we shall have lost all interest in its success.
We regard the settlement Of that Boundary
contained in the original bill as worth more
than all the rest of it, whether regarded as
a measure Of Justice or measure Of Peace.
But, whatever may. be the issue Of this long
struggle, and however We may regard the
bill as it shall finally be presented, we shall
none the less gratefully appreciate Mr..
Claws Efficient and untiring efforts, net for