ven one state withdrawn from the Union, would not the
pecuniary intercourse with Europe be paralysed at once?

"5. The South even now are the great consumers of New England
manufactures. We take her cotton, her woollen goods, her boots and
shoes. These last form an item of upwards of fourteen millions
annually, manufactured at the North. Much also of her iron ware comes
to the South; many other `notions' are sent among us, greatly to the
advantage of that wise people, who know better the value of small gains
and small savings than we do.

"6. What supports the shipping of the North but her commerce; and of
her commerce two-thirds is Southern commerce. Nor is her _commerce_ in
any manner or degree _necessary_ to the South; _Europe_ manufactures
what the _South wants_, and the _South_ raises what Europe _wants_.
Between Europe and the South there is not and cannot be any competition,
for there is no commercial or manufacturing, of territorial interference
to excite jealousies between them. We want not the North. _We can do
without the North_, if we separate to-morrow. We can find carriers and
purchasers of _all we have to sell_, and of _all we wish to buy_,
without casting one glance to the North.

"7. The North seems to have a strange inclination to quarrel with
England. The late war of 1812 to 1814 was a war for Northern claims and
Northern interests, now we are in jeopardy from the unjust interference
in favour of the patriots of Canada; and a dispute is threatened on
account of the north-eastern boundary. The manufacturing and commercial
interferences of the north with Europe will always remain a possible, if
not a probable, source of disputes. The _North_ raises what _Europe_
raises; commercially they need not each other--they are two of a trade,
they raise not what each other wants--they are _rivals_ and
_competitors_ when they go to war. Does not the South, who is not
interested in it, pay most part of the expense, and is not the war
expenditure applied to the benefit of the North? Sever, if you please,
the Union, and the North will have to pay the whole expense of her own
quarrels.

"8. Our system of domestic servitude is a great eye-sore to the
fanatics of the North. But there are very many wise and honest men in
the North; ay, even in Massachusetts. I ask of these gentlemen, does
not at least one-third of the labour produce of every Southern slave
ultimately lodge in the purse of the North!