it is even for theirs to
accept them. The longer we bolster up in its possessions an insolent
enemy, so much the longer shall we have to support an army and pay
taxes. The sooner we weaken the enemy by introducing industrial rivals
into his country, the better it will be for us.

If it be difficult to settle our army all over the South, let there be
at least a vigorous beginning made in Texas, and other States. With
Texas thoroughly colonized from the North and from Europe, sedition
would be under constant check, and its boasted cotton supremacy
completely held in by an unlimited rival supply of free-labor cotton.
Every Southern port should be held and governed as New-Orleans is now
being treated. In due time there would spring up a new generation of
Southrons who would think of us as something else than cowardly,
vulgar, stingy serfs, and learn that social merit is conferred not by
being born on this or that piece of 'sacred' dirt, but by full
development and exercise of the talents with which God has gifted us.

But to do all this there must be _no flinching_. This is not the time to
prate of the 'unrepresented rights' of traitors, or wince at the
prospect of reducing to poverty the men who have labored for years to
reduce us to utter ruin!

JOHN McDONOGH THE MILLIONAIRE.

In the year 1850, and for nearly forty years previous, there could be
seen almost every day in the streets of New-Orleans, a very peculiar and
remarkable looking old gentleman. Tall and straight as a pillar, with
stern, determined features, lit up by eyes of uncommon, almost unnatural
brilliancy, with his hair combed back and gathered in a sort of queue,
and dressed in the fashion of half a century ago, to wit, an old blue
coat, with high collar, well-brushed and patched but somewhat 'seedy'
pantaloons, of like date and texture, hat somewhat more modern, but
bearing unmistakable proof of long service and exposure to sun and rain;
old round-toed shoes, the top-leathers of which had survived more soles
than the wearer had outlived _souls_ of his early friends and
companions; a scant white vest, ruffled shirt, and voluminous white
cravat, completed the costume of this singular gentleman, who, with his
ancient blue silk umbrella under his arm, and his fierce eye fixed on
some imaginary goal ahead, made his way through the struggling crowds
which poured along the streets of New-Orleans.

The last time this strange and spectral figure was see