Holmes County farmer. [volume] (Millersburg, Ohio) 1857-1926, 1860-12-06

larRtfon oil Independence was slBneu-
and il has been recognized ever since
Slaves are the property of their owners,
and their right to such property is rec
ognized by the Constitution, by Congress
and by the highest judicial authority. -
This right has been tsmpered with by the
Northern aboitionists with rancorous
taunS and insults, and incendiary at
tempts to induce insurrection and murder
until they can be tolel ated no longer. In
vain are they told that the cotton States
require slave labor--that the property
they hold should be as sacred to them as
other property is to any citizen in the
United States.
We have thus, at some length, gone
over this ground, SO often reiterated in
Democratic journals, to place the matter
once more clearly before the pub lc,
endeavored to place the causcs and eff.
fects Of the present disasters before our
readers. The view we have taken is the
attitude assumed by the South, and the
sober earnestness Of their steady and on
ward proceedings, which have caused this
panic; for men of ordinary intellect at
once foresaw the arrangement and loss
which would flow from its only possible
resut--want Of confidence.
The great loss to farmers, mechanics,
traders, and others is heavy, indeed. but
it will not compare with the crushing
force with which the panic falls upon the
people OF the great commercial cities.-
In New York the estimated loss by the
decline in stocks, which were but slight
ly effected by the panic Of 1857, is placed
at one hundred millions Of dollars. But
"the end is not yet" When they begin
to feel the depreciation in ships, from
Northern vessels being rejected and Eng
lish ships employed to convey to Europe
cotton and other products Of the South
the direct Importation into Southern ports
Of the manufactures Of Europe-tho with
holding for n long time at least, of all
payments of existing debts to the North
ern merchants by their customers in the
South, and that custom Withdrawn forev-
er--and the bankruptcy which will ex-
tend through these Northern States in
conseq ence--then at least the most sl1ep.
tical will see tho folly of having created
and the greater folly of having disregard
ed, this dreadful feud provoked by North.
, ern fanatics towards the chivalrous South
erners. Nor will its evils end here fol
if tho black Republican journals goad on
these fiery spirits to q point to provoke a
civil war, God only knows the misery,
horror and dcstitution which will sweep
over the whole land.
, Nor will its range be limited TO the
United States The commercial interests
of Europe are so completely interviewer
with those of the United States that a
cord Of sympathy will be at once touched
r when this revulsion extends across the
r Atlantic. What are tho thousands upon
til ousands employed in the factories OF
England to do when deprived, even for a
: time, Of their needed supply Of the raw
material--the cotton Of the South? They
must be discharged and thrown out OF
employment. If the Nor,h il impover.
ished--as it is sure to become by the with.
drawal OF tho South from being purchas
9 ers Of her manufactures and the employ
o ment of her ships and of the payment o
e debts due to her-where will the mer
chants of Europe seek for the recovery o
i the enormous indebtednest existing OF
the part Of this country to them? VIII
4 not bankruptcy faStcn upon the merchants
. of Europe as fcarlully as it will destroy
those on this side OF the Atlantic? Thi,
is n fearful picture, but it is not an oxag
10 gerated one and wo have only to refer tc
past commercial panics to provo the sym
pathy existing between America and Eu
ropo when tho moving causes were less
: = deep and less intricate than those whicl
have given birth to that we are now
, treating Of Let the North awake, ere i
y be too late, to a sense of their madness
' and folly; and by retracing their step
" and rendering to the South what are thoi
Just rights, they may yet create that meas
II ure Of confidence which will induce them
to desire to remain part Of that glorious
' Union which Washington founded, anC
, which for over eighty years has been on
o boast and the envy OF the Old World
1t Life In the GOId Reg SONS.
II Among the deep dciilos Of the Rock,