, 1866-10-14
TIRE CONFEDERATE DERr.

lhe rardoned rebel concern has found a
mares nest at last, and makes an indescrib.
nh!e noise over the discovery. 1t says:
The hypothesis upon which Judd'a speech IA
M baist y that the Southern shtes arc noi States
confederate Suites Of Amerfcs.' and aro % aeid. III
may ehoote to make concerning ihsr," ~''@
Having fixed up hypothesis for Mr..
Judd, 1t proceeds to draw deductions there
from, viz:
Now the persons who will hail thcec assnrp-
tions WITH uIs: greatest Gladnesa arc those Euro
ps,hs ,ns Tae h9IS il gs.Sd Ny1. he s1dsase'
hsss; Poea bdi,aRs qes'an essa tss Sf
ooas s.senss OF III MAes.e. sa -. I'D o. hss net
shs1 i ~ Legally e.e.ble q eonttae,iI9 dsbt.,
"Whocve! adsocalcs this philosophy ofnecersity
be horn. In mind ilal TIT rebel bonds IL scaiered
II almost fabulous quantities all OVER Europe.
tG ho:dste arc not subject to the Jurfediction OF
she United stsies. It Il mol tu the tribunals ct
as county that tasir eaias a;s to be aaluateated
governments and administrators Of Law have no
ft:nass s; able eympa1hy With Tie Uritea S:stes.
n it Las a3ways been from The bectuptnr of line
; Gsi;. i; M Ss;s TX osa o: What would 'Ss
!iwill not require an elaborate argument
to dIs{esc et this.
In the crst place the s*rcbcl debt Is nj:
scattered MI ovcr Europe" There Is scarcc-
u bond held in any European country cx-
ccIt England. Nlncty-nin per cent of all
the Confederate bonds in Europe arc held
hy British Tories. No other class bought
them.
Second. The whole amount of rebel
nFr1 snd mi l,n7i {u
Eurorc1 never exceeded four or i've millions
ef pounds sterling, aud there arc not more
than that quantity In all Europe to-day.
With the exception of the cotton bonds
taken BY the British Tories on speculation.
the rebel evidences of debt arc
held by themselves; and that is one
principal reason why they 80 strcnu-
ousfy oppose tho ratification Of the
Constitutional Amendment. They hope
some day, with the aid OF the Copper.
hcadt, to mako the Federal Government
assume and par their debt
Third. No American will lose auy sleep LIST
the Tories Of Great Britain "may proc ecd to
make rcrrisals upon our commerce" 10 nay
the rebel bonds held by them. If the TsAes
can only convince the Fcnians that the ste.
phcns-Judd philosophy" will cause the To.
zies Of Great Britain to ATTEMPT to make our
Government ray he rebel bonds held in Eng
land, and in that cndcayor proceed to make
rcprisals upon out commerce." VIC will enar
antcc that every Fenian In Chicago and Illi-
nois will vote for Judd and his PHILOSOPHY >
Fourth But there is no such International
law as the hardened rebel concern asserts, II
all the rebel bonds ever Issued By JED. Davis
and MemminEer were held by the Tories Of
England 1t would not afford the English Gov
crnment the slightest prctcxt to ask our
Government to ray them, simply because
this Government never acknowledged tho In
dependence Of the Southern Confcdcracv,
! never surrendered Its right to reclaim the
absconded States or to reduce them to obe.
dicncc 10 the Constitution and the laws, and
never surrendered a particle Of its right oi
"cnfpcnt domain" to the territory OF tho
South. This Government at no stage Of the
war ahtolved the ertbels from their allie 9iauco
Or duties to It. It treated them as rcFoltod.
trattorous people, and not as foreign
nation With whom We were at war, which
makes all tho difference Imaginable. II It
had bccn Canaaa or Mexico that We con-
qucrsd and annexed, our Government would
be Justly and legally bound to take care ol
the public debts such conquered country
might owe to The citizens Of other nations.
But no such state of facts existed in tho case
Of the Confederate States. They were not
foreign nation, but reael States Of the
American nation.
F1fth. No European or other Government
recognized the Confedcgates as sovereign
or independent nation at any stage Of tho
contest The Confederate agents who werg
anti Df,xIa 4 -f.Lf.
1t any court. They were not recognized a.
representing u nation or Sovereignty, in any
Rcnse Of the term. They were regarded Al
Incompetent 10 make or ratlfy treaty or to
bind any people by their acts. In othc,
words they had no official character and
could perform no official acts. bccausc they
represented no body polite Of which o,he.
powers would take cognizAuce. How then
could tho bonds of Il rebel confcderacy,
which no nation ever recognized ~ possess
Ing national functions OF responsibility, b
valid claims against the Government Of ths
United States Of Anerieaf Tho prepostet
ousness and absusdhy Of the pardoned rcbel
concern are apparent on the nae oft. Ney
erthclcss, 1t fs fat that tho controlling
majority Of the citizens Of eleven States re
Sostcd against the General Government and
wnged war upon Il. 1t is -Tad TINT clever
political organizations, constituting what /.
known to the Constitution and laws 4,
"states," were arrayed in trcasonAbls
hostility and rebcllious warfare again.i
the National authority. 1t is .
fact that the rebel citizens and rebe,
political organizations called Estates ~ did
proceed to organize what they denomInaied
the "ConfederAte States Of America :" and