Year: 1867

 They are taught to regard as an enemy every white man who has any respect for the rights of his own race. If this continues, it must become worse and worse, until all order will be subverted. all industry destroyed. and the fertile fields of the South grow up into a will derness. Of all the dangers which our na- tion has yet encountered, none are equal to those which must result from the success of the effort now making to Africanize the half or our country.

 THE COST OF THE PRESENT PLAN.

 l would not put considerations of money in competition with justice and right. but the expenses incident to reconstruction under the system adopted by Congress, will aggra- yate what 1 regard as the intrinsic wrong of the measure itself It has cost uncounted

 millions already, and if persisted in, it will add largely to the list of taxation. already too oppressive to be borne without just com l plaint, and may finally reduce the treasury of the nation to a condition of bankruptcy. We | must not delude ourselves. It will require a strong standing army, and probably more 1 than two hundred millions of dollars per an- nun, Co maintain the supremacy of the negro | governments when they are established. The sum thus thrown away would, if properly used, form a sinking fund large enough to pay | the whole national debt in less than fifteen | years. It IS in vain to hope that negroes will maintain their ascepdancy themselves, with out military power; they are wholly incapable of holding in subjugation the white people of the South. I submit to the judgment of ! Congress, whether the public credit may not be injuriousiy affected by a system of meas ures like this. With our debt and the vast private interests which are complicated with ! it. we cannot be too cautious of a policy which might by possibility impair the conf l dtnce Of the world in our Government That confidence can only be retained by carefully intoxicating the principles of justice and honor on the popular mind, and by the most scru- l pulous fidelity to ell our engagements of every sort. Any serious breach of the organic law persisted in for considerable time. cannot but create fears for the stability of free insti- tutious. Ilabitual violations of prescribed 1 rules, which VIC bind ourselves ;o observe. must demoralize the people Our only stand ard Of civil duty being set at naught, the sheet anchor of our political morality is lost, the public conscience swings from it's moor ings, and yields to every impulse of passion aud interest. IT we repudiate tue Constitu- tion, we will moi be expected Co care much for pecuniary obligations. The violation of such pledge as we made on the 22d day of July. lsdl, will assuredly diminish the market value of our other promises besides, if we now acknowledge that the national debt was created not to hold the States in the Union. as the taxpayers were led to suppose but to expcl them from t, and hand them over tu be governed hy negroes Che duty to pay il may seem nuch jess clear. say it may s.sm SO, for do not admit that this or any other argument in favor of rcpudiation can be en- tcrtained as sound, but its influences on some classes of minds may well be apprchended

 The financial honor of a great commercial

 nation, largely indebted, and with repsbli

 can form of government administered by agents of the popular voice, is thing of sucl delicate texture, and the destruction of it would be followed by such unspeakable ca-

 amity. that every true patriot must desire to avoid whatever might expose t to the slight est danger. The great interests of the coun- try require immediate relief from th, se enact ments. Business in the South is pcralyzed by sense of general insecurity. by the is -rcr of coniscatlon, and the dread of raGsg v. ! premacy. The Southern trade frsw wNif | the North would have derived efeat

 profit under government of lss si is;sa is;sa i Guisles, and can iso, CT be retrieved Ontfl s ceases 10 be sheltered by the erbitrasy power | wbich makes all it's operations uns fe That ] rich country, the richest the world trer saw, l is worse than lost if it be not soon placed under the protection of a free constitution. Instead Of being, as 1t ought to be, source ! of wealth and honor, it win become an intol- erable burden upon the veal of the nation.

 THE VOICE OF THE ELECTIONS.

 Another reason for retracing our steps will doubtioss be seen by Congress in the late manifestations of public opinion upon the subject. We live in Q country where the

 popular will always enlorces obedience sooner

 or later. lJ is vain to think of opposing 1t

 with anything short of legal s;itii0Tity bac aeti

 hy overwhelming forces. It cannot have es-

 caped your attention, that from tho day on

 which Congress fairlg and formally presented

 the proposition 10 govern the Southern States !. with military force, with a view 10 the ulti-

 mate establishment of negro supremacy, eve.

 expression of the general sentiment has been ] more or less adverse to it. The affections of this generation cannot be detached from the [ institutions Of their ancestors. Their deter

 imitation to preserve the inheritance of a free government in their own hands, and transmit ? il unimpaired to their own posterity. is too , strong 10 be successfully overpowered. Every 3 weaker passion will disappear before that love - of liberty and law for which the American people are distinguished above all others in ? the world. How far the duty of the President to preserve, protect, and defend the Constitu- f ton requires him to go in opposing unconsti- f tutional acts of Congress, is a very serious and important question, on which have de- $ liberated much, and feel extremely anxious 10 reach a Droper conclusion Where an act