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 make us sale against. wars, by making us completely independent. It's exuberantly fer file fields win furnish to our spindles and looms cheap supplies of the raw material It's population, destined to increase vastly on the settlement of its political condition, will afford unsurpassed markets for the products of our fisheries, and our manufactures ofiron of cotton, of leather twill furnish new and perpetually increasing employment for our shipping, as the carrier of it's products and lis supplies. 1t will secure 10 Us a boundlcss increase of commerce in the Gulf of Mexico. l If il is not re-annexed, all these advantages will by treaty devolve oil Great Britain Eng 1 land, indeed, disayows the purpose of colo nizinq Texas; but declares her desire to check our extension upon the Gulf of Mexico, and to gain for herself commercial benefits We have the option of securing the market of Texas by recovering thatterritory, or of aban- doning that market and all its advantages to England.

 There are those who aspcsse this regard for the interests of American manufactures and American shipping. Assuredly those in- teGess ought never to prevail over principle. Here, too, we ought calmly to calculate the probable effects of remuneration.

 The territory, it should be remembered, extends far to the north, to the latitude of Massachusetts. So little is the measure of its re-acquisition to be decided upon the ground of slavery, that on the occasion of the cession of Texas to Spain, as l am well informed, was never once suggested by any member of the cabinet. And now, as the question ot receiving it back again is presented, it will be recovered, if at all, not on sectional but on national grounds.

 The extension of slavery is not involved in the question. Slavery salready in Texas; its remuneration, in that point of view, tends rather to set territorial limit 10 slavery and would exclude in perpetuity, and still more clcctually than now, all increase of slavery from abroad. A variety of causes conspires with an impulse of their own nature to draw those of African descent towards the South :; the boundary line of slavery would reeede all along its present northern frontier; and as the spiIit of emancipation increases, an avenue would be opened to them to pass to moral and political equality i'll the central regions of America, where the prejudices of race do not exist.

 Nor would the remuneration of Texas in- crease the danger of an undue geographical influence. Every enlargement of territory has made centralization more and more difficult, and has also thus far more and more con lnned the union. This has been in an emi- nent degree the result of the annexation of Louisiana Experience has proved, that no great portion of our country can unite except in a good cause; and such cause will never remain sectional, but will always find some support every where. The southern line from Florida to the west of FeXas is too eX- tended ever to be capable of an insulated concert of action. Besides, Texas would be closely connected with the North as well as with the South. At this time there is a more intimate relation between Louisiana and New ' erli than between Louisiana and any Allan tic State south of Maryland And Texas and New England would be reciproeally bound together, not less than Texas and the Caro- linas. cannot, therefore, share the anxiety of those who would rather see the Union dissolved than Texas recovered, and am will ling 10 trust the whole subject to Congress and the country.

 1 will once more express to you, gentlemen, my sense of the honor done me by the con veniion, in proposing me for their candidate, in State like Massachusetts. It is the land of my nativity and my affections. Let the elections go as they may, this is the cherished portion 0! our globe; rich in free schools, in d dense, intelligent, and active population; ia the good feelings, good purposes, and good works of that population; and lorall its faults, the successive generations of its people have done more for popular liberty than the inhab- itants of any equal portion of territory on the face of the e;tth.

 Accept my thanks for the cordial manner in which you communicate to mo the will of the convention, and be assured of my un- falling auaclment,

 GEORGE BANCROFT. To B. F, fIallett, of Suffolk George Hood of Es-

 SIX; J. C. Abbott, of RIiddleseX; and others of

 the Committee