Year: 1861

The American Republic IS now engaged IN a
desperate struggle for ts own existence. Its
vital principle is stricken at by rebellion which
assumes that beaten party may rise in arms
against q fairly elected President, and that any
State may absolse its citizens from their ale
glance to the Federal Union, aud make it treason
to uphold the Constitution framed by Washing
ton aud Madison, Franklin and Hamilton,
which has insured us unexamplcd prosperity and
growth for more than seventy years. That the
People Of this country are truly Nation, no; a
mere confederation Of diverse tribes, is n truth
now TO be proved or fancy to be dssipated.
Never we're the interests, the hopes OF mankind
50 distinctly staked on the issue Of contest,
and never were II People more conscious Of the
magnitude of the stake or more grayey deter
mined to prove Themselves worthy of their high
drstinics. Rich and poor naughty and humble.
men of every party and Of none are OF one mind
and one heart, resolved that the world shall see
that republican institutions have conservative,
self-sustainng force, which is proof against the
darkest wiles of Treason, the maddest pranks
Of unchastened Ambition.


OF course, we all understand that this struggle
involves terrible sacrifices. Some OF US have
money to give, and it goes freely; some who
have no money joyously offer their lives; many
lay life and fortune together a wlog sacrifice
on the altar Of their country's wcll-btng. The
spectacle is q sublime one, and we should be-
more than human if it were not chequered by
exhibitions Of individual meanncss and unLaowed
Iusf nf the ma q sk hal
they can do for the Republic, few are seeking
to make the Republic minister to their own
selfsh ends through jobs, contracts, aud all the
underhand machinery Of peculation. These may
rob the Treasury; it is Stockjobbpg alone that
seeks its end through the heart of the Nation.


all kinds of Public Securities are now de.
pres.ed-those of the States which have seeded
or are likely to do so are extremely low. Ten.
ncssee SKIES at 80, Virginias at As and Mis-.
souris at 40, might tempt the cdpdlty of her.
nit The merest tyrO in stock, ,jobbng is aware
that immense fortunes might be made by buying
these stocks on time bY party privately advised
that our domestic troubles are sutely and
speedily to be settled. A bold band of specula-
tors at the Stock Exchange might easy make
Ten Millions Of Dollars by Cooperating for rise"
on the strength Of such knowledge. And there
ARE men who, though holding no Office, are so
closely connected with the Government on the
one side and the Stock Exchange on the other
that they can and will achieve great aud sudden
fortunes if peace can somehow be juggled up,
and they can have the first adyices that it surely
will be.


To any peace that vindicates the dignity and
rightful authority Of our Government, we would
extend o cordial welcome; but none such is at
present attanable. Can tho rebels desert the
Hardees. Lees, Beauregards whom they have
seduced from their allegiance, to poverty. i'm.
pOtence and the scOrn Of mankind, without striking
o blow for theml Can they tamely surrender to
O righteous doom the recreants who have betrayed
into their hands navy-yards, forts, arsenals, sub.
treasures Are the fruits Of thirty years plot
ting and conspiring to be blasted just as eager
hands are put forth to pluck. theml BE sure
that there can be no real, no lasting peace nego-
tiated until it is demonstrated that Loyalty is
stronger than Rebellion, and any stimulation Of
peace that is now possible would be thuly