The Hillsborough recorder., 1863-08-05
sHECULATIoNs ON THE FUTURE.


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sHECULATIoNs ON THE FUTURE.
The New York +" Metropolitan Record"
Of June 18th, has a wonderfully reasonable
article for Yankee paper:
/" 1t requires no prophetic vision,o says
the metropolitan, "to foresse the result
OF the present war. That it will terminate
in The complete independence of the South
ern Confederacy, there can be, we think,
no doubt in the mind Of any rational man."
Ii goes on then to declare that the Admin
istration having utterly failed to subjugate
the South, and the South having maintain
ed itself CALAMITY and successfully against
an overwhelming invasion from the North,
repeated again and again, ii now depends
upon the people whether they shall con-
tinue to sustain the war policy, and, by SO
doing, establish a permanent despotism
that shall sweep away the last vestige of
popular liberty from the Northern States.
Believing that they are not prepared for
such result, it presents few serious re.
fections in regard to the future prospects
Of the Northern portion Of the old Uni on.
|. A convention Of the Northern States
must be held to take into consideration the
new condition in which they are now plac-
ed, and to devise means for their resrgani-
zation or reconsideration under new con-
stitution. Each State will have the power
to ratify or reject the constitution propos-
ed and adopted by the Convention,
Ill. The vast debt which has beer accu-
mulated by the present war will, as mat.
ter Of imperative necessity, be repudiated.
Such policy is one of the inevitable con-
sequences Of the lamentable condition in
which the North finds itself after its Abo-
lition crusade. The debt Of the North NAV
now be estimated at two thousand FIVE hun
dred millions Of dollars, and the interest
on this, at seven per cent, would be absut
one hundred and eighty millions, which is
larger than the national debt Of England. :
| Ill. The delegates 10 the Convention to
insist upon the inviolabilily ofState Rights,
The sovereignty Of the States, the libertyIof
the press, the freedom Of speech, habeas
corpus, &c.
". Admitting the existence Of two Con-
federacies within the limits Of the old Uni
on, the Government established under the
new Constitution will have to deal with
the question of boundaries. customs, river
navigation, and the general relations that
may spring up between the two Confede-
racies; free trade TO be declared between
the two republics, SO as to render border
custom houses unnecessary; the navigation
of the Mississippi free TO the Gulf Of Me&
ico.
v. As the friendly relations between the
two Confederacies are essential to the wei
fare and future prosperity Of both, il should
be The policy Of the Northern, as we trust
il will be of the Southern, TO discourage
and frown down every attempt to create
hostile or bitter feelings between their re.
speCtiye Governments and people.
vi. Abolitionism must be abolished II
We would preserve friendly relations with
the South, with the view to an offensive
and defensive alliance Of the two great re.
publics Of America against the intrigues
and Vaccinations Of foreign powers.
VII. 1t is possible that the memories o.
wrongs and outrages committed during
ruthless invasion Of the South may render
\ such an alliance work Of difficulty for
many wears, but the statesmen Of the South
will. we believe, be the first to perceive
the necessity for, and the benefits deriya.
bic FROM, such relationship between the
two republics.
4 Wiz. One Of the most difficult questions
TO settle will be that Of the territories,
, which, il not settled definitely and conclu-