New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-02-12


ties that will not. The money men tried this
business of Withholding loans during the last war
with England, and what did they gain by 1t
The same tihng was done to a moderate extent
in the war with Mexico. The result III oo'h
cases was that few men who stepped IN and
shouldercd large loans were made nllil'onaires oy
the operation. The threat is humbug, and
every financial man. and every man Of common
sense knows it,
The tendency OF the Republicans among the
Old Gentlemen's Convention If to grant Ma
tional Convention to consider the complaints OF
the disturbed States. The Kentucky Legislature
having declined, by very decided vote, to call
a State Convention to consider the subject of
Secession for the present, contentiDg itself with
asking for National Convention to CONSIDER
amendments to the Constitution, it is far 10
suppose that if Congress should recommend such
a Convention, to take place some time IN the
approaching Summer or Autumn, 1t would De
satisfactory to that State. And if it would
be satisfactory to Kentucky, the remaining BOT
der States might think it best to be SATISFIED
with it also. This proposition is one "mch'
whatever might be thought of its necessity OF
wisdom. could be at least entertained by any
body without any sacrifice Of principle. In the
debate in the Senate few days ago, Mr.. Col
lamer expressed a willingness to regard the
wishes of any two or three States who might
make such request And Gov. Chase is under
stood to entertain similar sentiments, If the ap-
plication be made without the Accomplishments oi
threats, or menaces, or rebellion. The ATTITUDE
of Kentucky thus far in the Secession movement
has been marked by dignity and propriety that
other States might have wisely emulated.
As to any surrender of the position of the Re
publican party in regard to Slavery extension, 1t
is very certain that President Lincoln and the
most distinguished members of the party here
contemplate nothing of the sort, and have no
sympathy with the sentiments that the principles
Of the party or the Chicago Platform should be
suppressed" in order to save the Union. In
the first place, they do not believe that any such
suppression can ever by any possibility be neces-
sary; and in the next if it were, they would
uphold their convictions End their principles for
which they have so long and earnestly laoored IN
defiance of the consequences. And they believe
that those who would not DO it, are the mere
Swiss and the campfoowers of the grand army.
These sentiments will in due time be authOri-
tatively announced in way to demonstrate that
the Republican party is not 10 be sold out, nor
the coming Administration to cover itself with
ignominy. Here and there Republican may
fall by the wayside, through timidity or tempta-
ton. but the main army viii move resistes,ly
on. under leaders as faithful and true as ever
sun shone on to secure and perpetuate the tri-
umphs they have won. There is both the power
and the WILL if indications in Washington can be
taken for ANYTHING both among the leaders aud
| among the ranks Of the Republicans, to permit
| no weakness in any quarter to deiraud the party
of the legitimate results of its victory. 1t has
been m0mentarily flung into false position by
an appearance of wayering at the head OF the
column, but the public may rest assured that II
is only in appearance. The great heart of the
marty in Washington beats firm and true, and
the body is too young and vigorous aud iull OF
pristle 10 succumb thus early to fear, or to con-
spirators. or to idOatries, or to any sinister In
Ouences. The Republicans will wrench victory
from the very grasp Of treason, if they be driven
10 this dire dilemma. Achilles fell before Troy
was taken. Moses never entered the promised
land. But nevertheless Troy was conquered and
the promised land subdued. The historic lesson
should afford comforting assurance TO all true
Republicans in any contingency that can happen
now or hereafter. God is great whether No
manned be his prophet or no.
The convulsed state Of the country is more
deeply appreciated here than it can be anywhere
else. But it is more and more felt that we are
passing through q great and inevitable historical
development, which it is of no use to attempt To
treat with palliatives. History, in its great
epochs evolves its own lessons, and it is difficult
if not impossible at such periods to read them,
except from day to day. The duties OF the hour,
plainly seen, may be safely discharged by their
own light. But what the future shall demand
may be safely left for the future to disclose. II
the Government but moves circumspectly steadily,
and with resolution, and the Republican party
does not allow itself TO be afrighted from its
propriety but pursues its own just aims with
equal stesdiness, we shall meet and overcome
every difficulty and every danger with the great
eat degree of success of which our circumstances
are susceptible. Our danger only les in alarm
and in precipitation, and in absurd fancies and
expectations. The first duty of the Government,
whether administered by Mr.. Buchanan or by
Mr.. Lincoln, is to defend ITSELF and yindicate its
authority, and to succumb to nobody And the
second is like unto it, and the third also. For
it to compromise and surrender under armed
dictation, is to reinstate the Slave Power, and