e increase of wealth should be only
$200,000,000, then the augmented proportional annual revenue would be
$2,750,000, or nearly one eightieth part of the whole revenue.

By overthrowing the rebellion, the taxes to pay the national debt will
be collected from all the States, instead of being confined to those
that are loyal. The rebel Confederate debt, never having had any
existence in law or justice, but having been created only to support a
wicked rebellion, will of course be expunged by the reestablishment of
the Union. All the rebel States' debt incurred since the revolt, for the
purpose of overthrowing the Government, will, of course, have no legal
existence. Under the Federal Constitution, no State Legislature can have
any lawful existence, except in conformity with its provisions,
accompanied by a prior oath of every member to support the Constitution
of the United States. These assemblages, then, since the revolt in the
several States, calling themselves State Legislatures, never had any
legal existence or authority, and were mere assemblages of traitors.
Such is the clear provision of the Federal Constitution, and of the law
of nations and of justice. It would be strange, indeed, if conventicles
of traitors in revolted States could legally or rightfully impose taxes
on the people of such States, loyal or disloyal, to overthrow the
Government. Indeed, if justice could have her full sway, the whole debt
of this Government, incurred to suppress this rebellion, ought to be
paid by the traitors alone.

My next comparison will be that of the Free State of Pennsylvania with
Virginia.

Virginia was a considerable colony when Pennsylvania was occupied only
by Indian tribes. In 1790, Virginia was first in rank of all the States,
her number of inhabitants being 748,308. (Census Rep., 120, 121.)
Pennsylvania then ranked the second, numbering 434,373 persons. (Ib.) In
1860 the population of Virginia was 1,596,318, ranking the fifth;
Pennsylvania still remaining the second, and numbering 2,905,115. (Ib.)
In 1790 the population of Virginia exceeded that of Pennsylvania
313,925; in 1860 the excess in favor of Pennsylvania was 1,308,797. The
ratio of increase of population of Virginia from 1790 to 1860 was 113.32
per cent., and of Pennsylvania in the same period, 569.03. At the same
relative ratio of increase for the next seventy years, Virginia would
contain a population of 3,405,265 in 1930; and Pennsylvania 19,443,934,
exc