The majesty of the law should be asserted and established, and that can best be done by placing President Lincoln a second time at the head of the Republic, the revolt of the slaveholders being directed against him personally as well as against that principle of which he was the legally elected representative. In him the spirit of order is incarnate; and his reelection by a great popular vote would be the establishment of the fact that under our system it is possible to maintain order, and to humiliate and subdue the children of anarchy. President Lincoln should be reelected, if for no other reason, that there may go forth to the world a pointed approval of his conduct from his constituents. As we have said, we do not claim perfection for the policy and acts of the Administration; but we are of opinion that its mistakes have been no greater than in most instances would have been committed by any body of men that could have been selected from the entire population of the country. Take the policy that has been pursued with reference to Slavery. Many of us thought that the President issued his Emancipation Proclamation at least a year too late; but we must now see that the time selected for its promulgation was as skilfully chosen as its aim was laudable. Had it come out a year earlier, in 1861, the friends of the Rebels could have said, with much plausibility, that its appearance had rendered a restoration of the Union impossible, and that the slaveholders had no longer any hope of having their property-rights respected under the Federal Constitution. But by allowing seventeen months to elapse before issuing it, the President compelled the Rebels to commit themselves absolutely to the cause of the Union's overthrow without reference to any attack that had been made on Slavery in a time of war. It has not, therefore, been in the power of their allies here to say that the issuing of the Proclamation placed an impassable gulf between the Union and the Confederacy; for the Confederates were as loud in their declarations that they never would return into the Union before the Proclamation appeared as they have been since its appearance. They were caught completely, and deprived of the only pretence that could have been invented for their benefit, by themselves or by their friends. The adoption of an Emancipation policy did not cause us the loss of one friend in the South, while it gained friends for our cause in every country that felt an interest in our struggle. It prevented the acknowledgment of the Southern Confederacy by France, and by other nations, as French example would have found prompt imitation. Its appearance was the turning event of the war, and it was most happily timed for both foreign and domestic effect. It will be the noblest fact in President Lincoln's history, that by the same action he announced freedom to four millions of bondmen, and secured his country against even the possibility of foreign mediation, foreign intervention, and