The New York herald., 1863-06-06

| proaohou ny hoDesplefro ana the otner violent
extremists and bloodhounds of the French Revo-
luton is found TO be fallacious by the true
touchstone Of all new theories experiment.
| Never has Great Britain adopted any mea-
sure which her wisest statesmen have SO much
regretted as emancipation in her West Indian
colonies They find that 1t has literally ruined
those once dourishing possessions, for the simple
reason that the negro in a state Of freedom will
not work, becomes the slave of vice and re-
lapses into the condition of q savage 1t was
| envy Of the superiority of the American repub-
lie, in consequence of its system of slave labor.
that prompted British statesmen to inaugurate
crusade against it and to encourage the propa-
gandism of anti-slavery societies in our midst,
in order to drag the Southern States down to,
the same level as the West Indies, and thus to
permanently destroy both North and South.
But the result Of the reaction in tho United
States will be that the abolition leaders will
be all banished from the country or hanged,
and 1t will be made q penal offence of the
highest magnitude against the dignity of the
white race and the white mans government to
agitate the question Of negro slavery hereafter,
or blaspheme the handiwork of God by assert
ing that black man is equal to Celt, a Saxon,
Teuton or any other division of the great
Caucasian race.
This question being adjusted, and oil other
matters likely to create trouble in the future,
an election will be held North and South to
elect President under the new constitution,
and the unity and harmony Of the great repub-
lie will be restored The people of the South
have as much an interest in tho heritage Of its
past and in the glory Of its future as the people
Of the North and If their State rights and institu
tions are only guaranteed against aggression
hereafter, what is to prevent their reunion with
the Northern States? Nothing whatever. But
the people Of the North must prove their sin
cerity and good faith by sacrificing the aboli-
tionists-the cause Of all the misfortunes of the
republic. a.a
And when all our domestic troubles are set
tied, and there is no further need of the i'm
mense armies of the North and South, there can
be little doubt that new employment will be
cut out for them. United under one govern
ment, they will 60 forth conquering and to con-
quer. Their first attentions will be paid to
England and to France. To the one for foment-
ing the war, and to the other for taking advan-
tage Of it to crush free and independent
neighboring republic. Mexico will be restored
to her status The British flag will be driven
out Of Canada and from every foot of soil in
the New World. Spain will be forced to re-
linquish her grasp on Hayti and Cuba, free
from the yoke, will be permitted 70 shape her
own destiny, which will be manifestly that of
the United States. With these punishments Of
European perfdy, and these vindications of the
Monroe doctrine, the American. government will
then stand before the nations of the Old World
greater and more glorious than 1t ever appear
The Elections I'm France-Curious Revo.
lutions in French Politics.
Since the advent of Napoleon the Third
to the throne Of France his career has
been one Of uninterrupted success. His
lavish expenditure Of the funds Of the coun-
try has produced its results in a great lna-
provement of all the Industrial resources of
the empire railways, canals and harbors have
been constructed, while whole cities have been
renovated and lastly, but not least, the glory
Of the imperial reign has been enhanced
hundredfold by q great many victories
won over the hereditary enemies of France and
an alliance with her natural foe-which said al.
liance, the French say, was forced upon perjide
Albion by . fear of the great power and
prowess of France. These are pleasant refec.
tions for the adherents of Napoleon I; but, as in
all things on this mundane sphere, there is
another side to the question: revers de Ia me-
ddille. The amount of treasure squandcred by
the Emperor Is enormous. There must be
limit to his fearful extravaganza, and that limit
is now near at hand. This looking out merely
for to-day, leaving tomorrow to take care of
itself, does not suit all classes in France, and
those who fear for the future see it already
lowering. They are aware that the prodigality
of the empire is entailing its consequences.
The annual expenses Of the country have in
creased from one thousand four hundred and
forty-three millions of francs in 1851 to two
thousand two hundred millions in 1861, show
ing an increase of seven hundred and fifty mil
lions in ten years New taxes to the amount of
seventy-four millions were laid on in the year
1862, while the budget of 1864 shows an increase
of forty-four millions more than that of 1868.
In France such an increase is most signif-
cant. Her resources are not elastic--are not
developing with a rapidty in proportion with
the augmentation of her expenditure. The
people feel this, and foresee fearful day Of
reckoning, and hence the government is daily
becoming more and more unpopular. The
people assert that the treasure Of the country
is spent in pomp, and luxury and barren wars
while they are starving, and they complain of
this bitterly. Of course all this lends add-
tonal power and force to the opposition, and
hence the fears Of Napoleon and his adherents
we're awakened as regards the elections which
have just taken place in France. With the