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y a partition of every subject in which a mutual interest exists. Mr. SEDDON:--Does the gentleman consider this a nation, or a federal union of States? Mr. SMITH:--If I did not consider this a nation I should certainly not be here. Mr. SEDDON:--Is not the whole machinery of the Government federative? Is not its whole action that of a confederation? Is not the recent election of Mr. LINCOLN a proof of the fact? He was elected by less than a majority of the people. Mr. SMITH:--In all the action of the Government with other governments, we are a nation as much as France or England. In every thing pertaining to the acquisition of territory we are a nation. The rights of the States are preserved in the Constitution, I admit, but their power is to be exercised subject to the powers reserved by the Constitution to the General Government. In all that respects these powers the Government is supreme. I have only sought to state some of the opinions which are conscientiously entertained at the North upon subjects connected with these propositions. They _are_ entertained there, and they must be respected by the Conference. This doctrine of the preservation of the balance of power is a new doctrine. It was unknown to the framers of our Constitution. In my opinion it is a most mischievous doctrine to the country, and can only produce the most pernicious results. It is closely akin to the doctrine once broached in the Senate of a _duality_ of the Executive, which, extended, would require a President for every sectional interest. Such ideas were never popular at the North. I do not think they would operate very well in practice at the South. Mr. CLEVELAND:--Will the gentleman give way for a motion to adjourn? Mr. SMITH:--Certainly. On motion of Mr. CLEVELAND the Conference adjourned to ten o'clock to-morrow. FOURTEENTH DAY. WASHINGTON, THURSDAY, _February 21st, 1861._ The Conference was called to order by the President, at ten o'clock and fifteen minutes A.M., and prayer was offered by Rev. Dr. STOCKTON. The Journal of yesterday was read and approved. Mr. WICKLIFFE:--As I stated yesterday, I now wish to call up my resolutions relating to the termination of the debate, and to have a vote taken upon them. Mr. CHASE:--Will Governor WICKLIFFE permit me to make a formal motion, which cannot give rise to discussion? It is this: The resolutions passed by the Legislature of Ohio, under which myself a
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