Evening star. [volume] (Washington, D.C.) 1854-1972, 1860-11-20
WASHINGTON NEWS AND GOSSIP.

The TRUE REMEDY for the disease of the times
is not the destruction Of the Government by revo-
luton, cut determination the part of the peo-
pie c1 the South to make a few really inconsid-
cradle sacrifices Of comfort and convenience only
very rarely Of a dollar-by way Of checking the
tide Of abolitionism. That tide win be effectively
checked In single year IL the people Of every
slaveholding State will not spend dollar Ia per-
son In any non-slaveholding State, nor dollar
for any northern product or manufacture that they
can possibly do without. A general southern con-
vention Of delegates lawfully elected by the people
Of every southern congressional district-not Of
the self. elected windy cock-sparrow demagogues
who have for years past sought no,oriety by get
ting their names In the newspapers as spouters In
southern rights conventions, &c can easily de-
wise system Of retaliatory legislation against the
interests Of the people Of abolition States 70 be
enacted by every Southern State Legislature, not
v,olative of the letter Of the Constitution OF the
United States; legislation which will in month
effectually cut of three-fourths of the existing
trade between those States and the South, and as
quickly put In full and successful operation the
direct trade between the South and Europe about
which % much has been published for two or
three years past. II, when the Southern State
Legislatures may have enacted such system Of
bilities against whoever may purchase or use
goods, wares or mefchandize coming from abo-
ltion States-soberly, intelligenay and unani-
mously framed by general and authoritative
Southern-States conventioD, the southern disunon-
lists per Sc will only labor a. hard to induce all
their feiiowcitzens to carry 1t out In good faith
az they are now laboring to elevate South Caro-
lima into a revolutionary dictatorship, In a single
year any man who dares preach aboliHonism In
in present manufacturing hot beds Of the North,
will fare as badly as IL undertaking to do that
thing at this time In Columbia. South Carolina
THE NEW GovxRNMENr- LoAN-We by no
means coincide with the N. Y. Herald in appre-
bending the general reputation Of their contracts
by the successful bidders for and other present
holders Of the new Government loan. Judging
from what In said at the Treasury Department
concerning the heavy portion Of 1t taken by tie
House Of Riggs Co., of this city, there is little
danger that there may be any such reputation as
the Herald predicts. BY far the largest portion
taken by Riggs Co., 10 known to have been bid.
for by them on account Of others; princi-
pally savings banks. These latter have prompt
ly met the Secretary's call for the money,
and will doubtless continue to do 30, for
they are not operating for speculation. Riggs
& Co. are said at the Department to have
actually paid in much mvre than the Secretary
has called for on the portion they bid for on their
own account 1t is believed In financial circles
here that they (Riggs & Coz sold the greater
portion Of the loan they took their account,
before the recent fall In Its value In Wall street
3d. the chances are ten to that they gamers
rather than losers by it, notwithstanding 1t has
gone down three per centum since the awards of
the stock were made