The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-10-30


most apa,hetic among us. The Union is RAPIDLY
drifting TO dissolution, like a canoe above ,n-
Falls Of Niagara with a crew Of stoical Indians
On hoard some Of whom. wrapping themselves
UP III then blankets, resign themselves 10 tneir
doom; while some, too stupid or 100 much
enerossed with other objects TO see the dan ger.
laugh ara sibg and act as il they we're on a
party OF pleasure. Such il the manner in
which the statesmen Of the North are acting in
thit great crisis of the countrys fate. They
nave scarcely yet begun to realize the perilous
situation in which they have placed themselves
and the people. But the current of events
moves swiftly N, carrying them aud all Others
with IL tow ards the dreadful cataract
IL will be seen that the South are arming aud
preparing tor the struggle; that committees OF
safety and bands OF Mmute Men, afSer the
fashion of the Revolution Of l776 are being
organized III Virginia and South Carolina, aud
that Lincoln's election will be deemed the aig
nal for striking the blow that will split this
copfeoeracy into two equal halves One writer
from Charleston denounces the Union ~
"hellish," aud says he will throw up his com
mission in the navy If Lincoln should be
elected. Alabama and South Carolina are
already pledged by their Legislatures to make
this point their oasus bell; and the Governor OF
Louisiana says it will be just cause Of seces-
sion. but advises the holding OF Southern
Convention to concert the necessary measures.
Another writer in Virginia couosels the same
course, in order tina, by combination and or
ganization The seeding States may be ready
10 make an effectnal etand II Lincoln should
be elected. We also publish an address OF
similar import to the people Of Carroll county,
Mississippi The Richmond Enquirer argues
,nas there is no legal Uuion in existence nov
Inssmuch az eleven Northern States refuse to
carry out the provision Of the constitution
relating 10 the Fugitive Slave law; and the
contribution, according 10 Mr. Webster, is the
only bond OF the Union. In Iowa the ianatical
republicans have grown so rampant that the
conservatives Intend to migrate from the State
If Lincoln should be elected. The most alarm
Iag feature of the revolutionary sentiment ut
feIea North and South is that the people are
ahead OF the politicians, many OF whom are
doing their best TO keep them back, but in vain.
This aspect Of public affairs is creating ex
irene excitement aud trepdation at Washing
ion. Let US see what are the causes of the dan
eerous commolon
The endorsement and propagation OF Helpers
book by u. leaders Of the predominant anti
slavery party At the North. together with the
John Brown raid, which sprang from it, aud the
fore ana since the invasion Of Virginia, have
prepared the puoiic mind OF the South for Sc
c-ssion In tie event Of the election Of Presi
deut hy the vote OF that party. Mr. Seward, in
biz OHIO speech, says:-"Slavery can and must
be abolished, and you and must do It." The re-
cent elections in Pennsylvania, Indiana and
Quo, in which Stewards party have been sue
cess'u pave lindied the already incenssd feel.
ngs OF Southern men into flame, because
hey regard those elections IS prognosticatiag
The triumph Of the black republican candidate
Tor President on the 9th Of November and the
consequent destru ton of thsir cherished in
sh,uuou.
From all the sources Of intelligence to which
We have access, and from every symptom aud
Sign OF the times, IL appears highly probable
that considerable number OF the Southern
States ~ill withdraw from the Union bet~eea
the period of Mr.. Linco.a's election and that
assigned for his Inauguration. Ii ouly two
Withdraw they will be followed by others, and
At last BY all, II any attempt should be made TO
coeree them by armed force. In thu. contin-
gency the Capitol, with all the public records,
archives and State papers in the departments,
would iau TO the lot OF the Southern coafedera-
cy, ior the District Of Columbus would then be
within IL territory and the Northern States
would be shut out from Washington. THUS the
prestige OF the National Capitol, rs veil as the
national wealth, would be with The South, and
a Northern Congress would be only Rump
Parliament The Eogllsh and French govern
ments would at once recognise the
independence Of the South and court It's
friendship for the sake Of its cotton and
a market for their manufactures, Tor FIVE mil
lols OF British population are depending on
Southern cotton for employment
While the balance OF trade would be against
the Northern confederscy, and IL would be COM
PEELED to resort 10 direct taxation TO support
the government. the Southern confederacy
would derive an abundant revenue from its i'm
ports. OF the whole products Of the country
exported, amounting to s27s 100000, it is
ascertained that the South supplies 100000 900,
while the North furnishes only s6o,0Oo,ooO. The
balance Of exports is so mixed up that II is
difficult, to determine what proportions Of Il
ought TO be assigned to each section; but 1t Il
safe 10 assume that at least twenty millions Of II
belong to the South, whose whole exports
would thus be $4,000 600 This would be an
ample basis for $500, 900 900 Of exports, which,
at a reduced tariff Of twenty per cent, would
bring revenue Of $4,000 600, which would
be quite sufficient for the expenses Of the go
vernment The best part of the Northern popu-