But an overruling Providence, building better than we knew, had decreed that the sway of this powerful party should be broken by means of the very element of supposed strength on which it so confidently relied for unlimited supremacy. Losing sight of those cardinal principles which the far-reaching sagacity of Jefferson had enunciated, and faithfully following which the Democracy had, during its early history, so completely controlled the country, the modern leaders, intent only on present success, had based all their political hopes on an intimate alliance, offensive and defensive, with that institution which Jefferson so eloquently denounced, and the existence of which awakened his most lively fears for the future of his country. And what has been the result of this ill-omened alliance? Precisely what might sooner or later have been expected. Precisely what might have been predicted from the attempt to unite the essentially incongruous ideas of Aristocracy and Democracy. For the system of Slavery is confessedly the very essence of an Aristocracy, while the genuine idea of a Democracy is the submission of all to the expressed will of the majority. Take as one of the latest illustrations of the irreconcilable difference between Aristocracy and Democracy, the manner in which the South received the doctrine of "Squatter Sovereignty." This doctrine, whatever its ultimate purpose might have been, certainly embodied the idea of a democracy, pure and simple, resting on the right of a people to enact their own laws and adopt their own institutions. It was believed by many to be a movement in the interest of Slavery, and on that ground met with fierce opposition. Was it welcomed by slaveholders? Far from it. The Southern Aristocracy, clear-sighted on every question affecting their peculiar institution, applied their remorseless logic to the existing dilemma, and promptly decided that to admit the correctness of the principle was to endanger the existence of the system which was the corner-stone of their faith. They looked beyond the result of the immediate election. They foresaw the crisis which must ultimately arise. Indeed, they had long appreciated the fact, that the "irrepressible conflict" in which we are now involved was impending, and had been mustering all their forces to meet the inevitable issue. The crisis came. But how? In an evil hour for its own success, but a most-fortunate one for the welfare of the Republic, Slavery, overestimating its inherent power, and underrating the resources and virtue of the nation, committed the fatal error of measuring its strength with a free North. From that moment it lost forever all that it had ever gained by united action, by skilful diplomacy, by dexterously playing upon the "fears of the wise and follies of the brave," and by ingeniously masking its dark designs.