The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-07-21

closed II easier rates. Pork unchanged. and the
demand was moderate while tho sales included mess at
ST. and small lots Of heavy do at $11 12 and 81 Is
Sugars were active and in good demand with sales Of
loo bids. at full prices. Coffee firm, with limited
sales. Freghts rather easier Wheat was engaged
for Liverpool, in bulk and bags, at l3c. 131ld, and
-four ~ 30 Cd To London -four was taken at IS. Cd.
The Conservative Position OF the Border
Slave States.
There can be little doubt that the respectful,
loyal and logical reply Of the majority Of the
members of the border slave States to the
President on the question Of the gradual eman-
cipation of the negro in the Southern States,
upon condition Of receiving from the federal
government a reasonable compensation, ex-
presses the general sentiment of the border
States, as indeed it does of the conservative
element Of the North, upon which depends the
restoration of a dismembcred Union. 1t Ii
temperate, calm and statesmanlike, and pre-
sents striking contrast to the wild rant of the
crazy fanatics who, for the last seven or eight
months, have converted the halls Of Congress
into lunatic asylum.
The border States representatives show that
the proposition of the President, not having
been adopted by Congress in Legislative form
by voting an appropriation, becomes the mere
utterance of sentiment. Congress endorsed
the resolution submitted by the President, but
failed to give it practical effect. The good in
tention of the President is, therefore, balled by
dishonest Congress, which, by al side wind,
would rob the people of the border States Of
their property in slaves guaranteed by the con-
stitution.
To test the sincerity Of Congress, a member
from Kentucky offered a resolution appropri-
ating half million of dollars, to be applied,
as far as the money would go, to those who
might be the first to accept remuneration for
the sacrifice of their property in negro slaves.
This motion was voted down with great
unanimity. What, then, would the same
Congress have done, if it had been proposed to
appropriate siIteen hundred millions Of dollars,
the value Of the slaves of the whole South on
the very lowest computation? What would these
men have done If some member lad proposed
that even S47S.67s. 133-the value of the slaves
in the border States-should be set apart for the
purpose indicated by the President? They
would laugh the proposition to scorn. 1t was
therefore right and proper that the border
States representatives should not lend them
selves to the agitation Of an abstract question,
an element of discord among their constituents.
which was calculated TO be an entering wedge
in their cherished institution, and might mate
rally damage their interests without any com.
pensating advantage. "The interest they are
asked to give up is to them of immense import
~ IL e. - o.nl
to entertain the proposal until they are assured
that when they accept it their just expectations
will not be frustrated" Could anything be
more reasonable than this
Before the people of the North thought pro-
per TO abolish slavery in their respective
States. was it ever proposed to them by the
federal government that they should do SO, or
would such a proposition be likely to hasten
the contamination particularly if it had not
been accompanied by an appropriation from
the federal treasury to compensate them for the
sacrifice? Are the people Of the border States
who have already suffered SO much by their
| territory being made the battle ground in this
| war, to make other sacrifices Of an extraordi-
nary nature. in which the population of the
| loyal States will not share? Instead OF mpos-
| ing such additional burdens upon them they
| ought to be dealt with more tenderly and leni-
| entity than any other States in the Union. To
| the people of the Northern States the war az
| yet has been but distant matter. The people
OF the border slave States have experienced all
It's horrors, and instead Of asking them 10
despoil themselves Of their property for the
- ha th1
| free States should bear the whole burden
But II the border States should so impoverish
| themselves. what would be the effect! Nothing
whatever would be accomplished towards the
| putting down of the rebellion. The cotton
| States would not accept the offer, and where
| would be the advantage? But even If all the
| Southern States accepted it, what then! Had
such proposition been made in time, and ac-
cepted in lieu Of war, the country might have
borne IL; but added now to the enormous bur
dens incurred by the war il would be intoera-
BILE. The proposition, in the present distressed
condition Of the country, would be nothing
less than the deportation from the country of
sixteen hundred million dollars worth Of pro-
ducing labor and the substitution in It's place
of an interest bearing debt Of the same
amount
Finally, the border States representatives
| demonstrate that 1t Is not their constituents
who have stood in the way Of the success Of
the war. On the contrary, u j. !he fanatcism
Of the North which has united the whole peo-
| pie Of the cotton States-those who are seces-
sionists per Sc, who seek for separation indepen-
IDENTIFY Of the slavery question, and the far
larger class who are fighting, as they suppose,
to preserve their rights Of property and thor
domestic safety, which Congress and the radical
press have led them TO believe are to be invad-
ed TO the bitter end by the Northern States.
"Aslong . these two classes act together = soy