KING COTTON cares not whether he employs slaves or freemen. It is the _cotton_, not the _slaves_, upon which his throne is based. Let freemen do his work as well, and he will not object to the change. The efforts of his most powerful ally, Great Britain, to promote that object, have already cost her people many hundreds of millions of dollars, with total failure as a reward for her zeal; and she is now compelled to resort to the expedient of employing the slave labor of Africa, to meet the necessities of her manufacturers. One-sixth of the colored people of the United States are free; but they shun the cotton regions, and have been instructed to detest emigration to Liberia. Their improvement has not been such as was anticipated; and their more rapid advancement can not be expected, while they remain in the country. The free colored people of the British West Indies, can no longer be relied on to furnish tropical products, for they are resting contented in a state of almost savage indolence; and the introduction of coolie labor has become indispensable as a means of saving the Islands from ruin, as well as of forcing the negro into habits of industry. Hayti is not in a more promising condition; and even if it were, its population and territory are too limited to enable it to meet the increasing demand. HIS MAJESTY, KING COTTON, therefore, is forced to continue the employment of his slaves; and, by their toil, is riding on, conquering and to conquer! He receives no check from the cries of the oppressed, while the citizens of the world are dragging forward his chariot, and shouting aloud his praise!