The Portland daily press., 1862-11-03

arms. We ask the reader to examine the follow
ing, from the leader in the Advertiser of Sat
urday:
When this war shall close as soon it must,
in one ,cay or another, we may expect an
expansion and actioity Of productive indus
try such as this country has aeuer knotcn be-
fore. An immense amount of capital will
need Investment, and the influx of labor from
Europe will receive powerful impulse from
the terrible sufferings of the manufacturing
classes in consequence of this rebellion. Every
department OF business must be stimulated in
a remarkable degree by the abundance of cap
ital accumulated in the Northern States. If
we can finish the work Of THOROUGHLY SUP
PRESSING THE REBELLION, so that 1t toiU
no more break out to disturb the peace Of the
Uorld, A CAREER OF PROSPERITY is BEFORE
US SUCH AS NO COUNTRY HAS EVER EXPERI-
ENCED.
1t may be only fair for us to say that this
extract was not cut from one OF Mr.. Smiths
articles in which he was worshipping the di-
cinity of reason, or the divinity of slavery, but
from one in which he was treating OF that 9TH
er d dyinity-"commerce and MONEY"
But it is time to notice the peculiar peace
proposition to which allusion is made in the
heading of this article. We quote:
II the South will be content to take the con-
stitution as IL is, and Nth such needfut guar
rdntees ADDED, that it shall be forever ob>er-
we'd in all its parts, as it is, who would
prefer a continuance of the war to such
strengthening of the Constitution as it is for
the benefit Of the South. eren?
The evidence is indsputabe, that if the
Crittenden propositions had been aceeeded to
seasonably, no Udr tcould haze easued. They
were rejected without any other Justification,
than a belief, that the South ,oouid not dare 90
TO Tdr, although no propositions for peace
should be acceeded to by the North.
Let the North invite peace. in no spirit Of hui
mility, or terms of dishonor, and peace acH
come. Let us not be misrepresented
nor misunderstood. We maintain there is no
alternative for the North but war, vigorous,
unceasing war, so long as the South continues
in rebellion. But measures of peace may, in
the mean time suppress the rebellion, while
concurrent measures Of war are impotent to do
it. 1t is on this view, and with no relaxation
of war measures. that we would have peace
measures also ventilated.
We have made this article so long already
that we can saylbut few words more. We ask
attention to the deception attempted in the
above The South must, to induce peace, be
rendered "the constitution as ii u.s." only not
so: only it must be altered; it must have
guarantees added" Guarantees of what?
Guarantees in .faror Of slarery, the prime
cause OF all onr troubles; guarantees that sla-
very shall rule the country in all time to come,
and that its denominations may spread over tree
territory, by the protection of the federal
government in all its departments, even though
the people of these virgin territories implor-
ingly cry out against it! This is the guaran-
tee! This, in substance, is the Crittenden
proposition, as we are prepared to show; and
it is such humiliatng condition to which the
Portland Advertiser would submit for Peace!
How are the mighty fallen, and how the great
names and loved memories OF Clay and Web
ster dishonored in sheet whose glory it has
been to exhibit their praises!
We undertake to say, and promise to show
indsputably at an early day, that even the
adoption of the Crittenden propositions
infamous as were some of their features
could not hare arerted secession and ,car.
We will show that when Douglas expressed
the opinion that Davis, Toombs g. Co. were
satisfied with them, he was deceived in
those men, and gave them credit for a spirit
which was far from their hearts.
We close now by simply calling attention to
the terrible dilemma in which the above quo
tation places the government-with mo alter
native but ,car, vigorous, unceasing war, SO
long as the South continues in rebellion"
while il is yet true, the same authority being
ackno wledged, that "no nation on earth
has proved itselI powerful enough in arms or
in wealth, to establish and maintain" a gov
ernment over six millions of white men
against their cunsent and accustomed to
Oct. Oath.