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estructible, they seem to think that, by the mere cessation of hostilities, they are to resume their places as if nothing had happened, or rather as if this had been a mere political contest which we had carried. But it is with the people of the States, and not with any abstract sovereignty, that we have been at war, and it is of them that we are to exact conditions, and not of some convenient quasi-entity, which is not there when the battle is raging, and is there when the terms of capitulation are to be settled. No, it is slavery which made this war, and slavery which must pay the damages. While we should not by any unseemly exultation remind the Southern people that they have been conquered, we should also not be weak enough to forget that we have won the right of the victor. And what is that right, if it be not to exact indemnity for the past and security for the future? And what more nobly and satisfactorily fulfils both those conditions, than utterly to extinguish the cause of quarrel? What we fear is the foolish and weak good-nature inherent in popular government, but against which monarchies and aristocracies are insured by self-interest, which the prospect of peace is sure to arouse, and which may make our settlement a stage-reconciliation, where everybody rushes into the arms of everybody else with a fervor which has nothing to do with the living relations of the actors. We believe that the public mind should be made up as to what are the essential conditions of real and lasting peace, before it is subjected to the sentimental delusions of the inevitable era of good feeling, in which the stronger brother is so apt to play the part of Esau. If we are to try the experiment of democracy fairly, it must be tried in its fullest extent, and not half-way. The theory which grants political power to the ignorant white foreigner need not be squeamish about granting it to the ignorant black native, for the gist of the matter is in the dark mind, and not the more or less dusky skin. Of course we shall be met by the usual fallacy,--Would you confer equality on the blacks? But the answer is a very simple one. Equality cannot be conferred on any man, be he white or black. If he be capable of it, his title is from God, and not from us. The opinion of the North is made up on the subject of emancipation, and Mr. Lincoln has announced it as the one essential preliminary to the readmission of the insurgent States. To our mind, cit
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