Evening star. [volume] (Washington, D.C.) 1854-1972, 1860-10-31
WASHINGTON NEWS AND GOSSIP.

THE TIMxs.-The frst effect of the current atti-
tude Of 80 many throughout the South with refer
ence to the dissolution of the Union in case of the
election of Lincoln on Tuesday next, which all
see and comprehend, is the disastrous condition
OF the stock market that has within TIE past week
depreciated the value Of the properly OF Nosthern
capitalists, for the most part, Macy milliom Of
dollars. There Is no doubt whatever Of this fact
The Republican party press fearing lest IL may
endanger Lincoln . chance o. carrying New Y orb,
are doing their best to pooh IT, alleei ing that
the disunion demonstrations are manufactured to
order, to defeat their party. There il no truth
whstever In that allegation, ss Northern capital
will nd out to Its sorrow IL Lincoln he elected,
unless be promptly steps forward to allay The
storm In the only manner In which that can be
done. VIZ. BY at once sssisfyiaS the South that
he desigas making conservative whig admin
administration his Northern and Eastern On pport-
ers demand at his hands. q
While we do not believe that II the naked oues-
ton of secession account Of his election or no
secession on that account be left 70 be decided by
popular vote Of the Southern States, the imme-
diate secession project would receive the sanction
Of one ffth the voters, we are sensible that in
nearly every Southern State the dsunioni SITS per
have the control Of the machinery for effecting
State and popular action, aud can only be pre-
vented from using IL as they please, by such ac-
ton on Lincoln's part as we suggest
We have no faith whatever In the power Of the
so-called Union party Of the South to stem the
current Of the tide Of aairs there unaided by such
a demonstration from Lincoln himself They
are not live party, and possess very small share
ofthe popular confidence. Hundreds Of thousands
gard their leaders as being really willing to sub
NIT to the success Of any conceivable scheme OF
abolitionism, than risk dissolution of the
Union, and therefore regard them as being alrnos.
as dangerous enemies Of the South an the abolition
leaders themselves.
The immediate danger lies In the fact tina,
matters can be precipitAted in some two or three
Southern States without submitting the question
to formal vote of the people; and that IL force be
used by the General Government to compel those
States to submit to the authority and laws of the
Union, all the rest Of the Southern States will be
drawn by degrees Into ths quarrel on the side OF
their section, even though at this time large
majority Of their several populations may be de.
cidedly opposed to secession on account Of Lin.
coins election
The sectional disruption Of the Democratic
party, 1t viii be remembered, grew out Of the &C.
ton OF the Alabama Democratic State Convention
nat oouJ oooPeeo al extreme position, and In.
structed Alabama's delegates to the Charleston
Convention to withdraw from 1t IL their action
was not accepted the basis Of the future
OF the Democratic party upon the question OF
slavery In the Territories. IL Is safe to say that
four-nfths Of the Democracy Of the South, how.
ever sincerely they may have believed I'm the
abstract justice Of the demand of the Alabama
Convention, were decidedly opposed to the scheme
OF making test Of the Alabama platform. New
ertheless, on coming together at Charleston. and
getting into muss over them, not only Alabama
but half the balance Of the South withdrew from
afdiiaton with the northern Democracy-to be
followed at Baltimore by all the rest, with excep-
lions 20 Insignificant a. to impress on the minds
Of all the fact that the whole southern Democracy
had taken position with Alabama
Now, IL South Carolina and Alabama prepare
to leave the Confederacy after the 4th of March
next, what power but one to grow up in their ow n
midst will preyent Florida, Mssissi ppi, Arkansas
and Texas from joining them within three months
afterwardss There is but a single hope left that
such power may grow up there. That hope
lies In the generation Of confidence throughout
the South that Lincoln's administration cannot
fail to be conservative upon the slavery question;
and Lincoln, only, can generate such confidence.
The first gun fred to the end Of subjueatiny
seeding States will anihlate every prospect Of q
Union party in every Southern State.