Year: 1861




A private letter from STAKEHOLDER, dated
March I'd, to New York merchant runs as
follows:


Twas glad to have your letter. The speech
Of Seward in the Senate arrived at the same
time, which was sufficiently ineligible for
me-containing, probably, as much as he
faithfully could say, ignorant of what the
state Of things might be when the PREGNANT
future had presented itself. suppose that
the fierce strength of this political storm
passed over us some weeks ago and, that
amer the Inauguration we may be looking
for continually increasing calm. The South
can conquer the South in time SO that IL
only the offices are resumed by little and
little and these independencies allowed to
sustain themselves for while-every n an
being left to reflect by his wants and necessi-
ties-we shall come to reasoning and to
party that will insist on referring the ques-
tion of Secession where the leaders of these
troubles with us have never yet dared to
trust ito the people.


The men for such purpose exist, though
they have been swept off from their feet.
The ofice-holders die hard, and many of
them, it is remarked, hold on and will to the
last moment, Notwithstanding their hatred
TO the Union, on account Of the salaries.
Some even hope to remain, because they
think that none will dare to succeed them,
and they shall be obliged, on that account,
to hold over. If the Governments shows
steady, reliable hand, it will fidd friends
enough. The Union people were discour-
aged under Buchanan; indeed, | think we
have been more than discountenanced. The
mail alone can make Babel as far as its dis
continuance reaches, and the extingush-
ments of coast lights, with other embarrass-
ments to navigation, must raise the price Of
freight and insurance to q rate that must be
felt. ...... fI...


The States (some of them) can poorly bear
their expenses, and some not at all. Per-
haps it would be well enough to make this
country-as there is none other beyond it to
be affected by what she may be pleased to
sutfer-an exemplar, use her as an expert
ment for immediate illustration. Under what
circumstances hereafter are the pensioners
in the seeding States to be paid-what oath
Of adhesion, if any, is TO be required of them2
Some of them, thoughtlessly, are in arms
against the United States.


believe the most impassive Administra-
tion would now be the best. We all wish 10
find out something by means Of this most
| fortunately bloodless revolution that other
wise would have cost very dear to discover
| we wish to go to the bottom of things and
find out the moral for ourselves. What we
| shall thus learn-not by others teaching
will be good for something. Were l the
Chief Magistrate, would listen to no re,
monstrance, representation, Commissioner Of
ambassador, either from the North or South
but wait energetically with the laws before
me-patiently, until the people again COM
uppeTmost, when, if necessary, the Govern
ment should give the most encouraging as
sistance. .....


The two or three years hence that is pro
posed as the time for national adjustment
is the true plank that will carry mort
reason and might with it than armaments
Compromise is an excellent thing, towart
which we may hasten slowly. Nobody know
yet what he should ask for; time will tel
him all that is for the best, Now if you hav
had the patience to read this and what
see what sort of President l should hay
made.