{"newspaper_name": "The Arkansas banner.", "edition": "01", "page": "p1", "byline": ""}
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m Such an emergency, &t less 5Ueriice. than any other people of the same numbers. And thus we should in every point of view, "out of this netde danger, 10 pluck tha flower ol safety

 How far slavery may be au advantage or disadvantage 10 those not owning slaves, vet united with Us in political associations. is a question for their sole consideration. Ii k true that our representation iii Congress is increased by 1t, but so are our taxes; and the non-slaYe-holding States being the majority. divide among themselve far the greater por- ton of the amount levied by the government. And doubt not that when t comes to a close calculation, they will not be slow in finding out that the balance of profit arising from the connexion is vas3Y ia,t their favor.

 NUMBER H.

 Siaeery ja IS Social EBscfs- Daslliag-

 .h95$-Repudiaiion- -Ljceaiiostsncss- ss----

 GomParoHre Erpensr of Free cad .s2ave

 Labor-- Ircatmem of .Siaues---Iasiruc-

 fioJ-Pmisheeats

 In social point of view, the abalitionists pronounce slavery 10 he monsjrous eyil.- II Il was so, it would be our own peculiar concern, and super1oGs benevolence in fhem to lamehtoyer 1t. Seeing their bitter hostil. ny for ds, however, they might leave us to cope with our own calumties But they make war upon lls cut Of excuse of charity. and attempt to purify us by covering us with caumny You have read aud assisted to circulate a great deal about affiays, .duels and murders occurring here, and all altribu- ted 10 the terrible demoralzation of slavery, Not single event of tG5 sort takes place among lis, but | IS caught up by the aboil- tiehists and Paraded over the world with end- less comments, variations and exaorerations. ou should not take what reaches you as q mere sample and infer that there k vast deal more that you never hear. l ou hear all, and more than all the truth.

 Il Is true that lhe point of honor is feeog- nlzed throughout the slave region. and the disputes of certain classes are freanenilY re- ieffed for adjustment to the trial by combat , l II would not be appropriate for me ie enter, Tn tns letter, into defence of the practice oi duelllng, nor to maintain at length that il does hot tafnlsh the character of peone to acknowledge q standard Of honor Nhat- ever evils may arse from them, however. they cannot be attributed to slavery, since the same notion and custom prevails both in France and England. Few of vonr Prime Ministers, ei the last hall century even, have escaped the contagion, believe The al- ifays, oi which SO much Is said, and in which rifles, bowle-knives and pistols are SO prom Inent, occur mostly in the frontier States ol the southwest. They are naturally incl dental to the condition of society, as it eX. istS ln many sections of those recently set. tied counties, and will as nasaralIy cease h due time. Adventurers from the older States and from Europe, as desperate i'll character as they are Tn fortune, congregate in these wld regions, jostling one another and often forcing the peaceable and honest into ren- counters Ill self defence. Slavery has noth. ing to do with these things. Stability anc peace IS the first desire of every shareholder and the true tendency of the system. It cout not possibly exist amid-the eternal anarchy and civil bfoils of the ancient Spanish do. mlnlons in America. And for this very req. son, domestic slavery has ceased there. Sc far from encouraging strife, such scenes oi not and blood-shed as have within the few years disglaced our Northern cities, and d, ] you have lately witnessed in Birmingham and Bristol, and Wales, not only never hayt occurred, but will ventura to say never vii oecurin our slayeholding States. The onll l iblng that can create a mob (as you miqh call ID here, IS the appearance q an Aboll ilonist whom the people assemble to ehasiise l And this IS no more oi mob, than a rall, of shepherds 10 chase wolf out of ihci pastures, would be one.

 But we are sWiadeis and repudiators L.. i Pennsy ylyania Is not a slave State. 4 major. fly of the States which have failed to mee their obligations puactually are nou-saye. ] holding; and two-thirds of the dehts said i to be repudlated is owed by these States Many of the States of this Union are heavily encumbered with debt--none SO hopeessly as England. Pennsylvania owes S22 for each inhabilant-EnglaHd S222, counting her paupers in. Nor has there been any re- pudIation definite and final, of lawful debt, that am aware of few States have failed to pay some insialmenls of interest. The extraordinary financial difficulties which oc- cured few years ago, account foe it Time will etal things right again Every dollar, of both principal and interest, owed by any State, North or Sonlh, will be ullima.elv paid, unless the abolition of slavery over. whem Us in one common ruin But have no other nations failed to pay2 When were the French Assignats redeemed; How muca interest did your national hank pay on lis immense circulation from l797 to 1891, du. ring which period, that circulation was iri- convertible, and for the time repadiated 3- How much of your national debt has been incurred for money borrowed to meet the ia- terest on it, thus avoiding delinquency In de- tail, by insuiing inevitable bankruptcy and repudiaiion in the end And what sort ol operation was thal by which your present Ministry recently expunged handsome amt of that debt by substituting, through pro- cess just, not compulsory, one species of se- curity for anoiher2 an we'll aware thai the faults of others do not excuse our own. but when failings are charged to slavery, which are shown to occur to equal extent where it does not exist, surely slavery must be acquitted of the accusation

 In an economical point of yIew, which l will not omit, slavery presents some difficult ties. As general ruIe, agree il must be

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