The New York herald., 1860-12-17

Sail on, o, Union, strong and great
Humanity with all its fears,
With all the hopes OF future years,
Is hanging breathless on thy fate.
Lom1alosTs poem, me Shtp"
The black republican journals, which have
hitherto painted passing events en- Colour de rose
now are forced to admit that the result Of Lin
coins election to the Presidency is the great
national panic we are, throughout the States
| suffering from.
The continued aggravation on the part of the
| Northern States against the slaveholding States
Of the South-their bitter invective, their keen
taunts, their incendiary abolitionism, their
daring notification of the Fugitive Slave law
passed by Congress-have, during period Of
a quarter of century, at last stirred the indie
pendent and chivalrous Southerners to point
where resistance is demanded as duty they
/ owe to themselves as co-citzens Of this great
| republic, and where passiveness would be but
| another name for cowardice and utter loss Of
selfrespect They now demand the right, qua
ranteed to them by the constitution, and have
solemnly resolved that unless these be obtained
in their fullest sense they will secede from the
Union, at latest, on the 4th of March next
From this antagonism between North and
South has arisen crisis, rapidly prostrst-
ing every energy of commerce and is--
dustry, crippling the banks throughout the
Union, driving merchants into bankruptcy,
the industrial classes out of employment, and
that too, at the commencement Of long and
severe winter; causing the loss Of millions in
the deprecated value Of all kinds of public
stocks, and reducing the market value of United
States stocks lower than any previous crisis
has effected since the war of 1872
This is the cause, and this the result Of that
cause. No man can to-day close his eyes to
the monstrous fact, and thousands of honest
minded but wickedly misled men, who were in
duced to vote for Lincoln in the delusive and
shallow hope that such action would inaugu-
rate halcyon days throughout the land, are
now in the deepest dcstitution and despair,
mourning over their unwise acts which are now
beyond recall.
But the grand questions now in the hearts Of
all-perhaps excepting the rabid demagogues
and traitors to the noblest principles of Ameri-
can virtue-are How can this great evil be
remedied?" how can the plague be stayeds'
:" how can we preserve the unity of the States
and keep this great republic before the world
in its integrity and in its majestyw
Congress is moving in it, but with tardy and
uncertain steps. Patriots are using their
voices and their pens in the noble effort to
save the Union. Journals that are not venal
and corrupt are using the mighty power they
WELD to teach the nation wisdom But it is at
this moment in the power of one man--the
President elect, Abraham Lincoln-to do more
than can be accomplished by all these infu-
ences combined. Neither the elevated station
to which he has beef sons,iiu,ionally elected,
nor his country's claim CT him az an American
citizen, dare he disregard, prr can be absolve
himself from the responsibility he Is under to
discharge the duty now imperiously demanded
Of him by the solemn exigencics Of the times.
We have shown already that Mr. Lincoln Is
ia purely sectional President'-that he receiv-
ed out of 100000 votes cast, but 100000,
and tina, If he had encountered but Ola COM
pcti,or he would not have been elected. We
have shown that the popular vote gave rsil-
lion against the Chicago platform; and a miL
lion more to-day, who were entrapped into yot-
ing the republican ticket, now bitterly lament
their folly and abjure the Chicago platform
No Southern State voted for Mr.. Lincoln.
This platform, which "denies The authority
Of Congress, of Territorial Legislature, or
Of any individuals, to give legal exist
10 Ella IN Of
the United States" is repudiated-cast out
by such an overwhelming majority that 1t is
stamped as a dead letter. and should bind no
man. 1t were therefore idle for the President
elect TO assert for one moment that he Is bound
by IT, He l. the President Of the whole repub-
lie of the United States, and not the President
of section or of party. What "partys"
Democracy was rent asunder and prostrated
before aud during the contest at the election.
The crisis created by the black republicans has
called up a spectre Of such frightful micn that
they have fled in Ill directions, and have no
rallying point; and Mr.. Lincoln stands to-day
as the President of the whole republic, with all
ties to party" severed. and free to act as his
exalted position and responsibility demand be
should act, viz: TO create from the ruins of two
obsolete and adverse parties one-a Union
party-strong, nay, overwhelming in its power;
for it, source will be the affection and loyalty
Of citizens, breathing o prayer for the perpe-
tuity Of the Union at large, and whose ambt
ton il 10 create a new era of fraternal peace
and universal prosperity.
We have reiterated our appeals to Mr.. Lin
coin to step out from the seclusion OF his re
tirement and proclaim TO the North and to the
Souih--,o the whole county-to the world
the policy which will guide him in his admins
tration. No fancicd delicacy can now be con-
sdcrcd as influencing his silence since the
Electoral College has acted and inevitably
made him the Chief Magistrate over thirty-three
....iii.aa e A A...oricur, citix.ns