The New York herald., 1863-03-02

ton, the esteem oil tho world Dy acnAeving .
psaceshle reunion, the adherence Of the Euro
pssn liberals by declaring himself on the side
Of our republican government, and the graft
tude Of his people by settling the Mexican
question satisfactorily, than to risk all-his
throae, his dynasty, his life-by persisting in
encouraging the Southern rebels, and thus in
suring q continuance not only of our war. but
also Of the European troubles which our war
causes. and which, gathering strength like an
avalanche, will soon sweep away all obstacles
and end In universal destruction. Is the hypo-
critical friendship Of perfdious Albion worth
these risks.
The third objection to Stewards proposition
l. that the rebels do not desire reunion, and
win not consent to ii upon any terms The
rebel papers assert this; but the rebel papers
NAV not express the wishes of the Southern
people any more than our abolition papers ex-
pres the desires of the Northern people. JEFF.
Davis IL q despot, and his papers say what he
thinks, not what his oppressed and suffering
people feel. But suppose the offer of Secre-
tary Seward be endorsed by Napoleon, and re-
JeCtru Oy Sn0 TeOcl Cuicio. Vu0s tAoA' AAo
downfall Of the rebellion would be certain, and
the most audacious rebel would lose heart.
Only the conduct of our abolitionists and the
cheering expectation OF European recognition,
apparently pledged BY the course Of England
and France, and by the cargoes of contraband
goods from European ports, have kept this re-
bellion alive 80 long. Remove at one blow
all hope Of aid from Europe, and all pre-
tence Of abolitionism here, and the rebellion is
dead Let Napoleon press Stewards offer, in
which there is no taint Of abolitiOnism, but
rather remedy for its evils, and if the rebels
refuse il they lose all. Abolition is disunion,
aud disunion is abolition. Let the South come
back to the Union, and we will throttle the ac-
cursed dogmas Of the negro-wors hippers with
their own laws. Now, therefore, is the best
chance the rebels can have to come back to the
Union. Congress is open to them, and no rea.
sonable and honorable guarantee Of future
peace and happiness will be refused them. We
believe the rebels are astute enough to appre-
ciate the advantages of reunion at just this
crisis of the war, and that, if Napoleon en-
dorses Mr.. Stewards proposition and thus de-
prives them of all further hope from Europe
they will accept it and come back to us. If
they are unmoved by all these considerations,
however, let them remember that this is not
only their best chance, but their last chance.
This magnanimous proposition refused, nothing
remains but war to the end. As Americans, we
can never consent to destroy the integrity of
the territory which we have won from the will
derness, from the savages and from foreign ty-
rants. Once assure us that peace upon any
other terms than disunion will never be con-
ceded by the South, and the American people
will save their territory if they cannot save the
Union. Already our hosts surround the rebel
lion upon every side; but our President is no,o
temporary dictator, empowered by the lo,cs Just
passed by Congress Wih unlimited financial re-
sources and supreme control oUer four millions
Of citizen soldiers, and q greater storm of
war is in reserve. Let both Napoleon and the
rebels reflect well before they reject this last
and best chance of restoring the Union by ac
cepting Stewards offer to receive Southern dele
gates in Congress.
The Financial Condition OF the COun-