We have no suspicion of a want of latent Southern loyalty. But we have brought together these figures to show how inevitable is a reconstruction on the President's plan, even if Southern loyalty were as abject and timid as some men try to persuade us. These figures show us, that, if, of the million Northern men who have "prospected" the Southern country, in the march of victorious armies, only seventy-three thousand determine to take up their future lot there, and to establish there free institutions, they would be enough, without the help of one native, to establish these republican institutions in all the Rebel States. The deserted plantations, the farms offered for sale, almost for nothing, all the attractions of a softer climate, and all the just pride which makes the American fond of founding empires, are so many incentives to the undertaking of the great initiative proposed. In the cases of Virginia and Tennessee, and, as we suppose, of Louisiana, Arkansas, and Texas, the beginning has already been made at home. In Florida a recent meeting at Fernandina gave promise for a like beginning. If it do not begin there, the Emigrant Aid Company must act at once to give the beginning.[52] There will remain the Carolinas and three of the Gulf States. The ploughing is not over there, and it is not time therefore to speak of the harvest. For the rest, we hope we have said enough to indicate to the ready and active men of the nation where their great present duty lies. * * * * * REVIEWS AND LITERARY NOTICES. _Principles of Political Economy, with Some of their Applications to Social Philosophy._ By JOHN STUART MILL. New York: D. Appleton & Co.