surrounded by fields of carnage, after a perhaps brief reign of
ANARCHY, will rise an IMPERIAL MONARCHIAL POWER, of whose
dealings with _the people_ we have no better instructor than
the great teacher, "History," which is "philosophy teaching by
examples." Let us take heed!

THE QUESTION TRULY STATED.

Democracy and Anti-Democracy or, the Nation vs. the States and the
People.

* * * * *

There are three distinct antagonistic parties now struggling for the
control of the national government:

1st. A slavery extension party, ostensibly headed by Breckinridge.

2d. An abolition of slavery party, ostensibly headed by Lincoln, but
more truly represented by Seward.

3d. A non-intervention with slavery party, headed by Douglas.

So far as relates to any possible political action in regard to slavery,
in these three grand divisions are really merged all shades of opinion
from the anti-slavery fanaticism of Garrison and Gerritt Smith, to the
pro-slavery fanaticism of Yancey, Garlden and Keitt.

The organization headed by Bell and Everett seems to have no distinctive
principle, except fidelity to the Union. It is a party of vague
outlines, and without tangible substance.

Each of the three distinct parties (as do also the Bell and Everett
party) assume to stand upon the common ground of the constitution and to
justify their principles and measures by that sacred instrument, "the
palladium of American liberty."

1st. The Breckinridge or Southern sectional theory, claiming the Dred
Scott decision as its justification, is, that slavery is a benign
national institution, to be fostered and protected by the Federal
government "wherever its constitutional authority extends;" and the
logical sequence from the Dred Scott decision, as construed in the
South, is, that this national institution involves an inviolable right
of property, and is carried by force of the constitution into _all the
States and Territories_, and is there to be protected by the Federal
government, and this idea is entirely consistent with the Breckinridge
platform adopted at Baltimore on the 28th June last. A necessary result
of the establishment of this theory will be the reopening of the African
slave trade.

2d. The Lincoln and Seward or Northern sectional theory, is, that
slavery is a relic of barbarism, antagonistic to the principles and
policy of the nation, and is to be annoyed, assailed, a