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The Measure Just.
which must largely attend immediate emancipation in local. ities where their numbers are very great ; and it gives the inspiring assurance that their posterity shall be free forever. The plan leaves to each State, choosing to act under it, to abolish slavery now, or at the end of the century, or at any intermediate time, or by degrees extending over the whole or'any part of the period; and it obliges no two States to proceed alike. It also provides for compensation, and, generally, the mode of making it. This, it would seem, must further mitigate the dissatisfaction of those who favor perpetual slavery, and especially of those who are to receive the compensation. Doubtless, some of those who are to pay, and not to receive, will object. Yet the measure is both just and economical. In a certain sense, the liberation of slaves is the destruction of property-property acquired by descent, or by purchase, the same as any other property. It is no less true for having been often said, that the people of the South are not more responsible for the original introduction of this property, than are the people of the North ; and when it is remembered how unhesitatingly we all use cotton and sugar, and share the profits of dealing in them, it may not be quite safe to say, that the South has been more responsible than the North for its continuance. If, then, for a common object, this property is to be sacrificed, is it not just that it be done at a common charge ?
"And if, with less money, or money more easily paid, we can preserve the benefits of the Union by this means, than we can by the war alone, is it not also economical to do it? Let us consider it tben. Let us ascertain the sum we have expended in the war since compensated emancipation was proposed last March, and consider whether, if that measure bad been promptly accepted, by even some of the slave States, the same sum would not bave done more to close the war, than has been otherwise done. If so, the measure would save money, and, in that view, would be a prudent and economical
Increase of Population.
measure. Certainly it is not so easy to pay something as it is to pay nothing; but it is easier to pay a large sum, than it is to pay a larger one. And it is easier to pay any sum when we are able, than it is to pay it before we are able. The war requires large sums, and requires them at once. The aggregate sum necessary for compensated emancipation, of course, would be large. But it would require no ready casb ; nor the bonds even, any faster than the emancipation progresses. This might not, and probably would not, close before the end of the thirty-seven years.
At that time we shall probably have a hundred millions of people to share the burden, instead of thirty-one millions, as now. And not only so, but the increase of our population may be expected to continue for a long time after that period, as rapidly as before ; because our territory will not have become full. I do not state this inconsiderately. At the same ratio of increase which we have maintained, on an average, from our first National census, in 1790, until that of 1860, we should, in 1900, have a population of one hundred and three million, two hundred and eight thousand, four bundred and fifteen. Aud wby may we not continue that ratio far beyond that period ? Our abundant room-our broad National homestead—is our ample resource. Were our territory as limited as are the British Isles, very certainly our population could not expand as stated. Instead of receiving the foreign born, as now, we should be compelled to send part of the native born away. But such is not our condition. We have two millions nive hundred and sixty-three thousand square miles. Europe has three millions and eight hundred thousand, with a population averaging seventy-three and one third persons to the square mile. Why may not our country, at some time, average as many? Is it less fertile ? Has it more waste surface, by mountains, rivers, lakes, deserts, or other causes? ferior to Europe in any natural advantage? If, then, we are, at some time, to be as populous as Europe, how soon? As
Decennial Increase of Population.
to when this may be, we can judge by the past and the pres. ent, as to when it will be, if ever, depends much on whether we maintain the Union. Several of our States are already above the average of Europe-seventy-three and a third to the square mile. Massachusetts bas one hundred and fiftyseven; Rhode Island, one hundred and thirty-three ; Connecticut, ninety-nine ; New York and New Jersey, each, eighty. Also two other great States, Pennsylvania and Ohio, are not far below, the former having sixty-three and the latter fiftypine. The States already above the European average, except New York, have increased in as rapid a ratio, since passing that point, as ever before ; while no one of them is equal to some other parts of our country, in natural capacity for sustaining a dense population.
“ Taking the nation in the aggregate, and we find its population and ratio of increase, for the several decennial periods, to be as follows: 1790.............. 3,929,827 1800....... 5,305,937 35.02 per cent. ratio of increase. 1810............. 7,239,814 36.45 1820............ 9,638,131 33.13 1830...... 12,866,020 33.49 1840................ 17,069,453 32.67 1850............... 23,191,876 35.87 1860............... 31,443,790 35.58
“ This shows an average decennial increase of 34.60 per cent. in population through the seventy years from our first to our last census yet taken. It is seen that the ratio of incroase, at one of these seven periods, is either two per cent. below, or two per cent. above, the average, thus showing how inflexible, and, consequently, how reliable, the law of increase, in our case is. Assuming that it will continue, gives the foljowing results : 1870........
Benefits of Compensated Emancipation.
251,680,914 "These figures show that our country may be as populous as Europe now is, at some point between 1920 and 1930 -say about 1925—our territory, at seventy-three and a third persons to the square mile, being the capacity to contain 217,186,000.
"And we will reach this, too, if we do not ourselves relinquish the chance. hy the folly and evil of disunion, or by long and exhausting war, springing from the only great element of National discord among us.
While it can not be foreseen exactly how much one huge example of secession, breeding lesser ones indefinitely, would retard population, civilization, and prosperity, no one can doubt that the extent of it would be very great and injurious.
“The proposed emancipation would shorten the war, perpetuate peace, insure this increase of population, and propor. tionately the wealth of the country. With these, we should pay all the emancipation would cost, together with our other debt, easier than we should pay our other debt, without it. If we had allowed our old National debt to run at six per cent. per annum, simple interest, from the end of our Revolu. tionary struggle until to-day, without paying any thing on eitber principal or interest, each man of us would owe less upon that debt now, than each man owed upon it then; and this because our increase of men, through the whole period, bas been greater than six per cent. ; has run faster than the interest upon the debt. Thus, time alone relieves a debtor dation, so long as its population increases faster than unpaid interest accumulates on its debt.
“ This fact would be no excuse for delaying payment of what is justly due ; but it shows the great importance of timo
Displacing White Labor
in this connection-the great advantage of a policy by wbich we shall not have to pay until we number a hundred millions, what, by a different policy, we would have to pay now, wben we number but thirty-one millions. In a word, it shows that a dollar will be much harder to pay for the war, than will be a dollar for emancipation on the proposed plan. And then the latter will cost no blood, no precious life. It will be a saving of both.
"As to the second article, I think it would be impracticable to return to bondage the class of persons therein contemplated. Some of them, doubtless, in the property sense, belong to loyal owners; and hence, provision is made in this article for compensating such.
“ The third article relates to the future of the freed people. It does not oblige, but merely authorizes, Congress to aid in colonizing such as may consent. This ought not to be regarded as objectionable, on the one hand, or on the other, in so much as it comes to nothing, unless by the mutual consent of the people to be deported, and the American voters, through their representatives in Congress.
“I can not make it better known than it already is, that I strongly favor colonization. And yet I wish to say there is an objection urged against free colored persons remaining in the country, which is largely imaginary, if not sometimes malicious.
"It is insisted that their presence would injure, and displace white labor and white laborers. If there ever could be a proper time for mere catch arguments, that time surely is not now. In times like the present, men should utter nothing for which they would not willingly he responsible through time and in eternity. Is it true, then, that colored people cap dispiace any more white labor by being free, than by remain ing slaves ? If they stay in their old places, they jostle no white laborers ; if they leave their old places, they leave them open to white laborers. Logically, there is neither more nor