Year: 1862

 upon them for disposal. In such case, recon mend that Congress provide for accepting such persons from such States, according to some mode of valuation, in lieu, pro tanto, of direct taxes, or upon some other plan to be agreed on with such States respectively; that such persons, on such acceptance by the general government, be at once deemed free" The proposition amounts to just this: The public expenditures are now So enormous that direct tax is inevi- table; the constitution of the United States, article l, section ?, provides that direct taxes shall be apportioned among the several States, which may be included within this Union, ac cording to their respective numbers; the tax must be so apportloned and imposed, bat when we come to collect the taxes, # any State, as for instance Kentucky, will free the negroes we will recieve such freed negroes m payment of her portion of the tax, according to their value, to be ascertalned by appraisement fair construction of the constitution requires not only that the direct tax shall be imposed upon all the States equally but that 1t shall also be collected from them equally, Tn proportion to their numbers. According to the Presidents recommendation Indiana would pay her tax in money, to be used for the common benefit, but Kentucky might pay in the slaves of her people at valuation, but as soon as received they are to "be at once deemed iree." Such is the war policy of the administration, defeating revenue instead of furnishing it.

 But the question recurs, in what way are we to provide for the manumitted saves they will become dependent on us, and ''muot be proyl- ded for some way" the President says. He gives us his plan. Alter recommending that the negroes be taken from States in payment of the direct tax, he goes on torecommend that in any event steps be taken for colonizing both olo fnY fha first, +hp ctb shall not be brought into existence,) at some place or places Ill a climate congenial for them.

 To carry out the plan of colonization may in volve the acquiring of territcry, and also the ap- propriaton ot money beyond thatto be eXpend- ed in the territorial acquisition. President Lincoln does not inform Us, on what part of the globe we are to purchase the territory for the free negroes, except that he suggests that il must be where the climate will be congenial.

 "Know ye the land of cedar and vine,

 Where the flowers ever blossom, the beams ever

 shine.

 Where the citron and olive are fairist of fruit, And the voice of the nightingale never is mute.

 Where the tints of the earth and the hues oi the

 sky,

 In color though varied, in beauty may vie.

 'Tis the cline ofthe South; tls the land ot the

 sun.''

 What think you of this description of the mod ern Eden, the Elysium, which the President would have Us buy for the weary children of Al rica? But what is to be the cost Of it's acqulsi> ton? Perhaps only few hundred millions This presents the disagreeable and embarass~ ing suggestion which Mr Lincoln has not met that We may not have the gold on hand ;hatwe can conveniently spare. But perhaps we can buy with treasury notes, and they nay be null tiplied as the leaves on the trees, or the sands upon the sea shore. Bat if John Bull should be the owner he is not in temper with us just now, and may prove churl enough to say, will keep my land Of orange groves where the night engales ever sing, rather than take your proml~ ses to pay.

 Clay and Jackson and Webster, and states men of that class regarded the colonization of the negroes as awort of such enormous cost, as not to be undertaken by the government even when at peace and free ot debt; but inthe midst of a civil war-trade and commerce disturbed our Sources of revenue lmpalred-with our industry paralyzed, and national debt accommodating at the rate of nearly two millions per day, the wisdom and craftsmanship that now manage our public aff;tirs comments it as feasible and desirable When we see such stu peuious folly united to most abandoned corrup- ton and wickedness we cannot too earnestly ,trive to rescue the government from such con- trO

 Emancipation, then as war measure, IS weakness and not strength--a burthen and not a suppo and can be adopted only as a means of revenge to destroy the South, but not to re- store the Cnion-and to that aspect of the ques ton I call your attention.

 As a party the democracy of the northwest have not been sectional, but have advocated equality of rights and privileges to all-and thus far have conceded that New England and Penn sylvania might have the revenue policy of the United States so adjusted as to give them an ad- vantage of from twenty 10 forty per cent upon their labor more thai could be given to our la bor. But we now being so crushed, that if we and our children are not 10 become the thew CTS of wood and drawers of water for the cap itasts of New England and Pennsylvania, we mast lock to the interests of our section; and for the first time in my lie intend to speak as a sectional man.

 We are not a manufacturing people. and can not well become such: our wealth must come from the cultivation of the soil, and of those beavy and bulky articles that require conve- nient market and cheapncss ot transportation. A foreign demand will enrich those regions from WnIcn tNeTc IS convenient anu Cleap ap proach to the ocean, but 1t cannot greatly ben eft us, our corn and wheat hogs and cattle are so weighty and bulky that before they reach the sea coast much of their value Is los. in the cost of transportation. And this must continue, for railroad transportation cannot become cheap The malignant policy of the party in power in the enactment of the tariff of last sum mer. which in ordinary times will be prohibitory and defeat revenue, and which makes us buy at high prices and sell at low prices, and will impair our foreign market, has heretofore been partal~ ly defeated by the short crops in Europe. caus- inc a larger fore gn demand for breadatufs than we have enjoyed perhaps since l847; demand for all we have to sell, whatis our condition? Com- pare the present with our condition sixteen months since, and We have the answer. Our hogs were then worth from four to five dollars per hundred; they are now worth from two to two dollars and fifty cents. Oar corn and wheat and cattle almost in like proportion. And fur ther to the west understand the losses are still greater, to that degree that in some localities in Illinois the useful and valuable article of corn, Is used as the cheapest of fuel. To estimate our losses in Indiana for this year is dific ut; but we may assume upon pork the foowing:- Upon each hundred pounds $2, and an average weight 1.-two hundred and fifty pounds gives a loss Of s5 on each hog. Upon one railroad there have been shipped ehunfred thousand head, and assuming that to be one tenth of the hogs in the State, the entire stock for wheat in the State for this year is one million, and our IocCac ,,nnn r,crlf noillion dollar. IT ,,.r