the ruin of the slaves; upon a point, which levels its blow at the foundation stone of the fabric of society, as it has heretofore existed; upon a point, which, unless human nature be miraculously changed, can never, no never, be gained, without the effusion of blood, no one can tell how much, or what state of things may succeed? Let that point be once properly adjusted, as it may be without compromitting the principles of either party, and much, very much will be gained towards pacification. It is not unlikely, indeed, that the zeal of some engaged in the cause, when they shall find that they may be required to put their hands in their pockets, will be somewhat cooled. And is it not reasonable to suppose also, that some other men’s zeal will be somewhat sharpened, when they shall find what will be to them--without imputing any such motives to the aggressors--a horde of bandits at their doors to rob them of their all? But it may possibly be said, “We do not exactly see how the giving up of slave property, without indemnification, will be the ruin of the slave States.” Then we think it must be for the want of eyes. The value of all capital is commercial, and accidental, and depends on the ever shifting conditions of political society. This may be seen and illustrated by the fluctuating price of that species of capital, called stocks, which is to be found in the market of every civilized community. The price of stocks never makes a false report, as to the political aspects of society, but is as infallible a guage in this particular, as is the thermometer of the weather; and the wise statesman understands it. The same principle which determines the value of this species of capital, determines the value of every other. It only happens that the guage of one is always visible, and that of the others invisible, until they come into market.