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HtHdltBP mo mtaSdft 0i ShCb lotb ttuus
importance. with more precipitation and l. IS
discussion than were ever before known In
a measure of equal magnitude2 MT. Wal
k"r. very Distinguished Southern man. bss
published le,ter upon this sutjees. 1t Is
divided i'to dlffeIent heads. One of which
is tie following:


ADM ITTIEG TFxAs sECuREs THE EXITING


TIoN OF SLAVERY


Is slavery. then, never 10 disappear from
The Union If COZ fued within Its present
limits, do not perceive " ben or how is
TO terminate Il is true. Mr.. George vi
Tucker. ,he distinguished Viiglnian, and
professor IN their great university has de
mons, rated that, in a period not exceeding
eighty years. probably less, from he density
Of pop0iation IN ell the siaveholdiDg States,
histd labor would be as abundant aud cheap
as slave labor Bna that all pecSnta1y motive
frt the continuance of slavery would theL
have ceassd Bm would il, therefore. then
di- appear2 No. Il certainly would not for.
at the lowe st ratio. the slaves would then
number at least ten millions Could such
a mass be emancip,.ed And. If so. what
would be the result ? We have seen, by
the cens1s and other proof that one.Sixth OF
the free blacks mus be supported al the pub
lac expense and that at h. low rate o! $50
each. il would cost $50 900 OO0 pr annum
10 be- raised by taxrion 10 support the Tree
blacks Iben in the So th requiring support,
namely, 1866 666. il manumission were
prrmiited; /; but as snch tax could not be
co lecltd emanc ipa,ion would be, as II now
is. prohibited by iato and slavery could not
disappear In this manner. even when 1t be-
came unpro6table No. ten millions Of free
blacks permitted to roam at large In the linn
lis o. the South could never b. tolerated =
A gain then, the question is asked. is avery
never TO disapp, az from the Union2 This
is startling and momentous question; but
the answer is easy. and the ptoof Is clear:
IL uiH certGimiy disappear # IeT0s IS ne
ann,9sd 10 ihe Unaon; not by abolition
but, n gaisst and IN spite of all its phrenzy.
slowly and eradua ". by diffusion. as 1t has
already thus neal feceded from several OF
rhe more northern of the slaveholdIng
States. and as it will continue thus more rap
idly TO recede BY the reannexatlon OF Texas
-aur finaIlv 10 the distant fatafe,- -without
shock, without abolition. without convul
sion. disap INTO and through Texas. into
Mexico and Central and Southern America
Thus, thai same overtnIing Providence hat



and pilgrims at jam, etown and Plymonth
tha, gave us the victory in our Struggle for
Independence; that guido by his insplati
The trainers OF our wonderful Constitution
that has thus far preserved this great Union
from dangers so many and imminent, and is
now shielding it from abolition. its mos;
dangerous and internal foe-wiil open Tex
az a safety valve, into and through which
1 do
and finally disappear into the 5oundless re-
elons of Mexico and Central and Southern
Arrerica. Beyond the Del Norte slavery
will not pass not only because 1t is forbid
den by law. but because the colored races
there pGeponderate 10 the ratio OF ten to one
over the whites and holding. as they do,
the Government and most of the officers ~
their own possession, they Will never per.
nit the enslavemeat OF any portion OF the
colored race. which makes and executes the
laws of the country


If | believed, with Mr.. Walker, that alb
olition either was or would become bene-
fetal or necessary for the South. should
certainly be in favor of annexation. as both
the most certain and best mode of accom-
plishing that object But do not think so,
bat believe. on the contrary, that il would





end destructive TO the slaves themselves. dis
astrous TO the whole Union. and absolutely
ruinuus to the South. Holding th, 81 opin-
ions. my object Is not 10 postpone this result
for short time, but to prevent II forever
Will any one deDy anv of these propos
sition: That the most fficacious mt asure
Ia f.Sor cf abolition would be- TO d, stroy the
value OF slave Labor? 2 That the reduction
of the price of cotton 10 three or four cents
would destroy the value of slave labor 10 the
old slave States? 8. That any large increas'
of the quantity OF cotton produced would
have The effect To reduce It's price TO thai
point, or even lower; say for example, sud
den increase of five hundred thousand bale So
and, a That the annexation Of Texas would
cause such an increased ploduction2 Much
the larger portion OF the produce OF slave
labor IS cotton. Ii is the price OF cotton
which regulates exclusively The value OF
slaves. as of almost every other article. Lei
il be borne in mind. too, that Texas is ADM
rablv adapted TO the culture of sugar, long
staple cotton. and tobaeco-the only articles
with the exception Of rice. which are produ
ced by slave labor But, If the price ci
cotton is thas ruinously reduced BY over pro.
duciion, it will not be denied that slave la
DO: can be employed in Texas with at least


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