Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-01-16

which the partisans Of slavery represent"
From the London Times Of December 10.
Never was the prospect Of emancipation more dis.
taut than that foreign slave-owners are estab-
fishing monopoly Of all the great staples of rop-
| cal produce. The islands which in the old time 8
supplied 80 much sugar. coffee, and cotton, are go
ing ont Of cultivation, while Cuba, The United
States, and Brazil every day extending the area
Of their cultivation and the number Of their slaves
50 valuable, indeed, is the slave in Cuba that IN
spite Of treaties and penal laws cruisers and block
| ades thousands Of Africans yearly carried
across the Atlantic to work the sugar and tobacco
plantations The wealth Of the island IS such that,
! in spite Of disagreement, oppressive taxes, and
| a Spanish army of $4,000 men, is pr0pretors are
among the richest in The world. As to the United
ates IL indeed folly expect any change IN that
/ quarter. Slavery GU the North American continent
| has extended, is extending, viii extend As long
| as The supplies Of cotton are below the demand in
all the markets OF the world so long viii slave labor
be too valuable 20 be parted with. Even the North
ern slave States which but few years ago were dis
cussing the gradual abandonment Of the system are
now silent about addition, immediate or prospective
| Their slaves are at present great perhaps their
greatest source Of wealth. II they cannot cultivate
! their own lands, they breed negroes to supply the
new plantations in the South. Ii may be declared
that the attacks of Abolitonists and The interference
OF the North the cause Of this determination 10
! uphold slavery; but sensible man viii believe
that mere Irritation and cbstnacy could lead TO such
great results. The existence Of slavery is an eco
nomcaIq question and 80 long the system is profit
able we cannot doubt that il will be maintained.
Much the same may be said with respect TO Brazil,
where the institution prevails with features of
| city unknown e en- IN the worst Of times under
| English rule.
Now, to these countries we have given a monopoly
Of products which the chief basis Of indus
| try, or among the chief sources Of our revenue.
They becoming rich, powerful, arrogant, every
day less inclined be guided by English cOunsels
! OF moved by English interference With all the
readiness which self interest induces, they have
learned the arguments against limiting slavery ard
slave Importation from our mishaps, our acknOwl-
Judgments Of failure, rom their own prosperity and
/ from our dependedce upon them. They have the
/ law of nations their side and may quote 1t in
answer 10 any assertion of rights interfere in
the cause Of humanity. They free nations, and
Africa is free coast. Negroes are necessary to
raise the cotton, sugar, cstee and tobacco which
| the world wants The white cannot work
! der tropical IN, and unless the African used
as iabOrer, the fairest region Of the New World
| must remain "a desert In fine, negroes must be had
any cost, and no nation has right TO impose its
own scrupuOsity on other free communities. If
Eng and has ruined her own colonies that is
son why she should seek to cheek the progress Of
/ the whole American continent. Such Is the kind Of
reasoning which is becoming more and more com
mon every day; and We may depend upon 1t that in
sDme form, under some preteEt the slave-OWners
Of he other hemisphere will again attempt TO obtain
a supply Of negroes from the coast Of Africa. The
recent importation into the French colonies has
naturally reused their attention and it is wonder
that we hear il asked why few cargoes Of such
"emigrauts' could not be brought to New Orleans
Savannah there 10 be settled according TO the do
lmestic institutions Of the State. With this renewed
vitality Of slavery, owing to the rapidly increasing
value Of the slave We have now TO deal
And It is not by preaching, or protesting, or
threatening, denOunCing that the objects Of hu
mainly can be attained. The last generation were
content to be merely destructves; they broke down
the slave system in the West Indies without attempt
ing 10 replace il by a better aud the consequence
has been the multiplication Of the former evils and
a deepening Of the guilt, IN which we indirectly
participate consumers Of the slave-rsisei pro-
luce. After 20 years experience we are now called
upon 10 provide remedy. On all sides we hear the
same cry-Lhe colonies are peTisbIng for want Of
sufficient labor. BY additional supplies alone can
Inc principle Of free labor in the tropics be vindi
Gated and real blow struck at he iniguties against
/ which e have so long detained.
There can be no doubt that slavery Will once more
/ gain The ascendant unless we carry out plan Of
free labor. Our colonies in the West the field
for such a scheme, our empire in the East may fur
uIsh the labOrers, and the hold we shall have
Asia will give facilitee for doing what wish.
Whether We should send mufin0us SepOys across the
water Is matterhardly yet ripetOT decision; but
I s. e
my as well people Trinidad as the Andamahs or
any Aslic island. But 1t is evident that the whole
! question Of West Indian cultivation must now be
examined, and with such colonies Jamaica, Trni
dad and Guiana, there is reason why we should
NOT show that the culture of the tropics by free Ia
Dor - not the impOssibility whsh the partisans of
slavery represent.
MR. JEFFERsON'S POLICY OF BANK REFORM
Tbesizth volume of JEFFERSON con espondence
contains three letters ON the general subject Of cur
rancy, addressed to Mr.. ErrEs, written in 1913, all
(which of great interest, AMI should be read
.las time with special care by the few Democrats
here and there who are tender footed upon the sub
.a. OF banks. Eut for their length we should re-
produce chem in our columns.
Ia the seventh volume of his correspondence, we
fad % short letter addressed TO Mr.. BIvEs in 1919
Offering ga plan for reducing the circulating me
dunn, which we suBioin, as being in the main, no
less applicable 60 the condition of the country now
.han Do was when writen-nearly forty years ago.
MoNrIcELLo November Is, 1919.
DEAR SIn:-The distresses Of our country, pro
lucrd first by the flood, then by the ebb of bank
paper are such cannot fail to engage the inter
position of the legislature. Many propositions will
of course, be offered, from all Of which something
may probably be called tomake good whole.
explained 90 you my project when had the pleasure
Of possessing you here and now send ITS out line
r1 writing as [ believe promised you. Although
preferable things will l hope be offered, yet some
.wIEOfIhs may perhaps be thought worthy of being
augr.dici "a better stock. Bm send It with
urtcu ar object OF request; but TO use it as you
nIeH-. Suppress IL, suggest 1t, sound opinions,
anything else. mt viii, only keeping my name
uumeuuouci, for which purpose IL IS copied in
another hand being ever selections TO avoid all
ID rlH# |H nsaH.v .Hrran.| Fr.HH Q Hr.r
hIsue and contentious of the world. If we suffer
ae moral o the present lesson TO pass away without
Improvement 10y the eternal suppression Of bank
aaar fbgu. indeed is the condition of our country
desperate until The slow advance Of public insrUc-
non shall give 30 our iunctionarIes the wisdom Of
their station. Vale, ct n5s persuade cIr1ssiRlpa 1e
Plan for Reducing the Circulating Vsdam-The
plethora of circulating medium which raised the
prices everything TO several times their ordinary
and STANDARD value. in which state Of things many
and heavy debts were contracted; and the sudden
Withdrawing 100 great proportion Of that medium,
and reduction OF prices far below that standard,
constitute ne disease under which we now labor
ing and which must end in general revolution Of
property, it some remedy is not applied That
remedy is clearly gradual reduction the medium
OBJ I.s standard level-that IS 10 say, TO the level
watch meta Tie me lium viii always find for itself,
he Ia eluIubrio with that Of the nations with
which we have commerce
To efcc this, let the whole Of the present paper
medium be suspended ats circulation after GER
tain and not distant day.
Ascertain by proper inquiry the greatest sum Of
(which has any one time been in actual cir
au0n
Take d certain arm Of years for its gradual re-
ducI n supp il to be five years then let the sol
vent banks Issue uyesizths Of that amount in new
notes, TO be a,,ested by public officer, a securi
ry that neither more nor less is issued, and TO be
given .utiu exchange for the suspended notes, and
l-C sl-f aus ia discount.
Le. neh.h OF these notes bear on their face that
..g bank viii discharge them with specie at one
Eer- another iuh al The end of two years; a third
...a H the eujgf three years; and of the fourth
a3 ..,a. They viii he sure to he brought In az
their respective periods of red emption,
Make II nigh offence TO receive or pass within
this Safe % note Of any other
There Is IgIIe doubt that our banks will agree
reality. this operation; if they refuse, declare
their charters forfeited by their former Irregular
uc- and give summary process against themtOr the
suspended notes.
-Ihe Bank Of the United States viii probably con
cur also 81 not, shut their doors and join the other
States IN respectful but firm sPpGcauons to Con |
grcs- 20 concur IN constituting a tribunal Ia special