result of principle and experience, are by no means unsupported by authority. They are the same results arrived at from the reflections of the most unprejudiced of observers. A shrewd Northern gentleman, who has more recently and thoroughly than any other writer travelled through the Southern States, in the final summary of his observations thus covers all the positions here taken. "My conclusion," says Mr. Olmsted, "is this,--that there is no physical obstacle in the way of our country's supplying ten bales of cotton where it now does one. All that is necessary for this purpose is to direct to the cotton-producing region an adequate number of laborers, either black or white, or both. No amalgamation, no association on equality, no violent disruption of present relations is necessary. It is necessary that there should be more objects of industry, more varied enterprises, more general intelligence among the people,--and, especially, that they should become, or should desire to become, richer, more comfortable, than they are." It is not pleasant to turn from this, and view the reverse of the picture. But, unless our Southern brethren, in obedience to some great law of trade or morals, return from their divergence,--if, still being a republic in form, the South close her ears to the great truth, that education is democracy's first law of self-preservation,--if the dynasty of King Cotton, unshaken by present indications, should continue indefinitely, and still the South should bow itself down as now before its throne,--it requires no gift of prophecy to read her future. As you sow, so shall you reap; and communities, like individuals, who sow the wind, must, in the fulness of time, look to reap the whirlwind. The Constitution of our Federal Union guaranties to each member composing it a republican form of government; but no constitution can guaranty that universal intelligence of the people without which, soon or late, a republican government must become, not only a form, but a mockery. Under the Cotton dynasty, the South has undoubtedly lost sight of this great principle; and unless she return and bind herself closely to it, her fate is fixed. Under the present monopolizing sway of King Cotton,--soon or late, in the Union, or out of the Union,--her government must cease to be republican, and relapse into anarchy, unless previously, abandoning the experiment of democracy in despair, she take refuge in a government of force. The Northern States, the educational communities, have apparently little to fear while they cling closely to the principles inherent in their nature. With the Servile States, or away from them, the experiment of a constitutional republic can apparently be carried on with success through an indefinite lapse of time; but though, with the assistance of an original impetus and custom, they may temporarily drag along their stumbling brethren of the South, the catastrophe is but deferred, not avoided. Out of the Union, the more