The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-09-03

TAs whis Party Of new York, sh. Aa..,.,...-..
and ths Tree Policy Of ths South
Ii will scarcely be contested that, ever since IN. -,
promise measures adopted, the real issue Of MR.,
pie between the Seward and Fillmore wings Of tbs 10
party in New York has been the fnaiiy Of the co1s
promise as an adjustment OF the sectional cop,rov.,
The cessation or repression Of anti slavery axit,,o
Congress u.s. perhaps, the greatest OF the practical s,
tages which the Adjustment covenxnted to the South a
this consde ration, much upon any other il WIN,
cepsd by the South. This understanding Of the CO.,.
nant OF adjustment is the basis OF the Union demo,.,
platform of Georgia. Tennessee, Virginia, Alabau. !,
Mississippi. This understanding of the covenant w..
the basis OF the protest Of the boiling Union wh.
OF New York. 1t was the doctrine of the Union m..,
ing at Castle Garden II was the doctrine soemplv -,
deliberately affirmed by the united democracy Of Nav
York in its State convention of 1850. 1t s the doc,.
upon which the collective democracy of the North M.
stand organized. 1t is the only doctrine which ,n
man can reasonably expect to see the democracy uni.
and organize as national party in the coming pies.
Dental convention.
1t idle to deny that the wing party of New York ,,d
lily refuses 10 accept this doctrine. and is resolved 10 ur
sist in its refusal. Il distinctly repudiaied BY H.
wing party Of New York last year. when they nomiu,a
Governor Hunt upon his express declaration thu, aru
ton for the repeal or modification OF the fugtve.,A
law political duty. II was repuda.ed by the au,
convention in form, if possible. still offensive u.
insulting TO the South. when that body rsafRrn.d Il,
doctrine Of the Wimot proviso. and pledged the WI,
party Of the State to apply it to New Mexico and Ub
81 oolc,
the doctrine OF the maintenance Of the Compromise
final adjustment of the sectional controversy, and 6a
settlement of the sectional agitation in Congress, w
repudated by the wing convention, when il s,du.
lousy abstained, in all its resolutions from making nv
the slightest allusion TO tn at measure as settemxd
anything.
These things constituted the complete and undispu
victory Of Sewardism in the whg party Of New Yat
last year And these thingsevery one of them-app.r
in the call for the wing State convention Of ha
month, upon which the two wings Of the wing parry
the State have united. Their union Is the surrender
the Fillmore wings to the Sewardites, just AZ they sv
rendered last year. In both cases the nay Of the Con-
promisethe supreme point Of principle in issue b.
tween them. involving all the other poin,ss beyond,
dispute or question, repudiated and abjured.
And. strangely enough, the special organ OF thsM.
mnistraon has expressly approved all this With Il.
Presidents declaration in favor of the Compromise u,
" final seAemens flying at it, head. the RspuJs
has approved the New York wing party in its debe1a
ignoring of any settlement whatever and in its inds
table manifestation Of its right, duty, and design to oss
for modification and repeal Can any man pretend pb
lieve that this anything else than the surrender
the administration also, 10 the anti slavery doctrines N,
purposes of Mr. Seward In making it. the President hs
in truth taken portentous "aep backward r.
In this state OF things zee il suggested in sey.n
southern journals that the support Of the "SouhenRhs
party" opposed to the Union platform Of Georgia, Ten
nesseee, Virginia. and Mississippi, must be suppor,eds
the only adequate defence OF the South against furhs
aggression. This suggestion, with oil respect for hs
patriotic motive OF those who make il, we canno, but n.
gard capital and fatal error Wherein lies the dauea
10 be averted II springs from the reputation Of s
fnalty OF the Compromise-its rejection a. final settle
ment Of the sectional controversy and agitation Co..
gress-by the dominant Of the wing party with b.
approval Of the wing administration What 10 the
hope OF peaceful remedy Plainly il lies alone in is
USion Of the democracy, North and South. TO mar~lsn
against the wh,gs. end at all Aasards, the 6nai,ty g&
Compromise and full execution, as the ONLY ooada,m
ohieh the Union of the eonfederaey Gamble prarrs
And this-just Mis-is the fundamental doctrine Of b.
Georgia Union platform, reafarmed A. il has been Va.
GINA, in Tennessee, and throughout the South On as
platform the democracy OF the North has already amya
and organized itself to aid the South in the faithful man
tenance OF the whole Of the Compromise. There lp
prospect-there is suggestion Of prospect in any q
ter-that the northern and southern democracy can Vi
together in defence Of the South on any other ground
TAs PsSise Securities sf virgi~I..
In noticing the quotations for public securities Cwa
by Of the New York journals. we were graiihd
observe that She State stock OF Virginia is commenaa
among the cheapest now in the market Considering
the grea, OF this State and giving the Just s
to the influence OF internal Improvements in enhancing
the value Of property, il cannot be doubted that the pr.
chases Of her stock have basis for its security hn
any that he offered in the United States Ga hs
point, concur fully in the judicious obsevsaou
which appear in Of the latest statements from NU
York. respecting the stock exchange and the relstw
value Of the public securities
One OF the best. and by all odds the cheapest sns
stock the market this ent IL OF the Stats
Virginia. Sales have recently been made a premium
five and six per cent, and there In Tbs vos
why they should rule fraction below the csnua
the general Of any other State in the Un
The securities we alude to coupon bonds having h
five years run, interest payable semi annually The T
cultural manufacturing and mineral OF VirGu'
arc greater and superior those any other State in
Al, han hat