The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-11-09

'such rivers, mountains and plains, so full of all
'the precious metals, SO fertile in SOIL so genial
Fin Cline producing, in such unparalleled album
'"dance, the mostvaluable agricultural staples of I
''the world-capable of manufacturing to any ex-
tent and possessing the best social and industrial
''sy stems that have ever yet been organized-she
might have sunk into soth from excess of pros
'perity, had she not been kept on the alert by the
'ferce assaults of an envious world" But, it is
said, that the only safety of the South against
fixed and overwhelming majority of Free States,
lies in a dissolution of the UNION. Perhaps so;
but not yet. peaceful, prosperous and powerful
people, may not challenge Fate day too soon. The
question still remans-"Can the Free States be
drought TO concur permanently in one line of policy
'that will subvert the constitution and seriously
damage the South in this confederacy?r Senator
HAMMOND emphatcally declares, he does not believe
that they can. He has idea that the Free States
can be consolidated on the wild project of ruling
the Shareholders by mere brute numbers, either
through the balot-box, or by force of arms;
whether to emancipate the slaves, or to strip the
South of the fruits of their labor If neither sober
sense nor patriotism should prevail, the sense of
with the Northern people, in every crisis override
their love of negroes. The North has only to be
made clearly sensible how far she go, and what
the South will moi submit to- She will not trespass
beyond that; but will content herself with the
glory of carrying the alternate biennial elections
as she has just done-always leaving to the Demo-
cracy to carry that which makes the President.
During the struggle of the past thirty years. the
South had disposed of the chief grievances against
which she protested, and although her opponents
on two occasions took possession of the government,
they were soon stripped of their power and their
acts repealed. "Only four times since the orgaui-
'zation of this Government has the North had
possession of it, and in each case only for one
'term. The North has ne0er united long on any
Fpolicy. The injuries inflicted on the South have
'been mainly inflicted by her own ambitious,
'factious, and divided public men, and our history
'proves that and no measure has yet been
'strong enough to stand against the South when
''united."
| The discussion of the Slavery question he consd
cred to have been of immense service to the South
| 1t had strengthened the conviction of Southern
people who now regarded emancipation as sim
ply an impossibility, whether by persuasion
coercion or otherwise In his opinion the tide of
abolition fanaticism had begun to ebb everywhere.
When the English Statesmen freed the negroes in
the West India Colonies, they, believed that
! Free Labor would succeed in tropical culture as
well or better than Slave labor but England and
France have both, at length, found out that sugar.
rice tobacco and coffee, never be produced as
articles of widely extended commerce except by
Slave labor-and now, what have they done
why, renewed the slave trade; not in name, in
deed, but yet, in fact; for while England is i'm
porting into the Islands hundreds of thousands of
Chinese and Hindoo Coolies France resorts to
Africa and openly makes purchases from Slave
| catchers. With the exhaustion of the abolition
fever in Europe its career will close here. 1t is
even now dying out. The abolitionists can never
muster their legions again as they did in 1856
Kansas is squeezed dry. The bred Scott decision
they dare not contest To attempt the abolition of
Slavery in the District of Columbia is too practi-
cal and too dangerous. They have already tried
the abstract proposition of 'no more Slave States'
and have split upon it. The Northwest will not
talAit and the Free States, at the bottom, all
want Cuba They cannot tell now where to go.
On what practical question, then, if we offer them
none,-and we have none to offer-are they next
to rally for the conquest of the South2 This
great fire is dying out for want of fuel. The
SADIE has exhausted itself, and there is no argu-
ment, or leader that can keep talive. There is no
danger from Northern abolitionism that cannot be
met in the UNION by an united South. But the
Slave States constituting and forever to constitute,
a numerical minority, can accomplish nothing in
this UNION without the aid of faithful allies in the
Free States, and there are thousands of such who
would be found ready to make common cause
with the South. If the South has any desire to
remain in the UNION and control it, she must con-
ciliate her Northern allies. She must be Just,
kind and true to all who true to truth and
her. But the union of all these States from the
Canadas TO the Rio Grande and from shore 10
shore of the two great oceans of the globe, what
ever splendor may encircle it, is but policy and
not principle. 1t is subordinate to rights and
| interests. 'Let that union be perfect and per-
| 'petua. 1t constitutes our strength, our safety
'and prosperity. Let US frown down every pro-
| 'postion that might seriously divide us, and pre-
'sent to our assailants from every quarter solid
land impregnable phalanx. Let US also give to
'the winds every thought of fear, every feeling of
'temperately but resolutely asserting, our great
''power in this confederacy, and throughout the
''world, let us deveope and consolidate our re-
sources, and devote ourselves manfuly and hope
'tfully to the accomplishment of the magnificent
Culture that is within our reach"