In my despatches from the south I repeatedly expressed the opinion that the people were not yet in a frame of mind to legislate calmly and understandingly upon the subject of free negro labor. And this I reported to be the opinion of some of our most prominent military commanders and other observing men. It is, indeed, difficult to imagine circumstances more unfavorable for the development of a calm and unprejudiced public opinion than those under which the southern people are at present laboring. The war has not only defeated their political aspirations, but it has broken up their whole social organization. When the rebellion was put down they found themselves not only conquered in a political and military sense, but economically ruined. The planters, who represented the wealth of the southern country, are partly laboring under the severest embarrassments, partly reduced to absolute poverty. Many who are stripped of all available means, and have nothing but their land, cross their arms in gloomy despondency, incapable of rising to a manly resolution. Others, who still possess means, are at a loss how to use them, as their old way of doing things is, by the abolition of slavery, rendered impracticable, at least where the military arm of the government has enforced emancipation. Others are still trying to go on in the old way, and that old way is in fact the only one they understand, and in which they have any confidence. Only a minority is trying to adopt the new order of things. A large number of the plantations, probably a considerable majority of the more valuable estates, is under heavy mortgages, and the owners know that, unless they retrieve their fortunes in a comparatively short space of time, their property will pass out of their hands. Almost all are, to some extent, embarrassed. The nervous anxiety which such a state of things produces extends also to those classes of society which, although not composed of planters, were always in close business connexion with the planting interest, and there was hardly a branch of commerce or industry in the south which was not directly or indirectly so connected. Besides, the southern soldiers, when returning from the war, did not, like the northern soldiers, find a prosperous community which merely waited for their arrival to give them remunerative employment. They found, many of them, their homesteads destroyed, their farms devastated, their families in distress; and those that were less unfortunate found, at all events, an impoverished and exhausted community which had but little to offer them. Thus a great many have been thrown upon the world to shift as best they can. They must do something honest or dishonest, and must do it soon, to make a living, and their prospects are, at present, not very bright. Thus that nervous anxiety to hastily repair broken fortunes, and to prevent still greater ruin and distress, embraces nearly all classes, and imprints