Daily national Democrat., 1861-02-28
The Meaning of this Southern Com
federacy.

federacy.
The telegraph very cooly informs us, that
jeff. Davis has been elected President and
Southern Confederacy or Republic. (We sup
pose that Stephens has accepted if it be true
that he has on the ground that, since his
State has refused to take his advice and has
passed the secession ordinance and declared
herself out of the Union, he has nothing left
him but to so along with her, if she goes to
tie DeSiL) What this Southern Confedera-
cy is-on what basis it is stablished-wken it
was formed-how many States are init-how
Davis and Stephens were elected-whether
er it is a Provisional or permanent govern
are simply told that Davis and Stephens are
elected President and Vice President of the
Southern Confederacy
But if this Southern Confederacy has been
formed, we think we can define its basis,
scope and intention. Its object will be the
reopening of the Slave Trade. Formerly the
trade was immoral and crime against God
and man. Now, it is a virtuous and right
thing, almost worthy the appellation of holy.
The Cotton or Gulf States are pretty well
satisfied that in this move, they cannot have
the cooperation of the border States, and
particularly of Virginia, whose slave>breed-
ing markets would be totally destroyed by
the importation of negroes from Africa
Therefore, they are not anxious to wait fol
any compromise to which the border State,
would be likely to agree. A compromise
which would satisfy them would not satisfy
the cotton States, because the interests of the
border States are different notwithstanding
all the mad rantings about their being iden-
tcal. The first and leading policy of Con-
federacy of the Gulf States is a re-opening
of the African Slave Trade, and we believe
this to be the object, Notwithstanding the dis
Chalmers which have been made by the lead
crs in those States They may think it wise
to cover up their policy for the present, but
such is the ultimate intent, nevertheless
If this Southern Cotton Gulf State Con-
federacy has been formed, it is for the pur-
pose of shutting off all compromise whatever
1t is for the purpose of being in position to
dictate terms to the balance of the Union as
the conditions upon which the seeding States
will come back, giving the remaining States
the alternative to part with the public prop
erty, the command of the national ports, the
free navigation of the Mississippi and other
advantages of national Importance, or fight
for their recovery. 1t is the assumption, a
deliberate and insulting assumption, of the
ground that they will have their way, and
their way alone, the opinions, wishes feel
ings, remonstrances of all the free States and
all the border States to the contrary, not
withstandng.
What sort of compromise can be made with
men who assert their absolute right to die
tate to the entire world There is 10 way
to get along with such men but either to
yield to them IN toto or to conquer them
And that is the chioce which they have now
given the border States and all the rest of the
Union.
They will refuse all compromise, unles:
everything that they demand is surrendered
Such is our opinion of the movement. We
shall be very happy, indeed, if we find our
self mistaken in the prediction