But New York knows that the path of interest is that of honor and of duty. It is the Union only that has made her great. It is the concentration by the Union of interstate and international commerce in her great city, that was consummating its imperial destiny. Before the Union of 1778 and 1787, New York city was the village of Manhattan: destroy the Union, and she will again become little more than the village of Manhattan. The trident of the ocean, the sceptre of the world's commerce would fall from her grasp, and London be left without a rival. Deprive the Government of the power to regulate commerce, and the fall of New York will be as rapid as her rise. Each State then, as before the Constitution, would control its own commerce, and the railroads and canals of New York would cease to be the vehicles of the trade of the nation and of the world. Each State, as under the old Confederacy, would force commerce into her own ports by prohibitory or discriminating statutes. No, when New York takes from the Union the exclusive control of commerce, she commits suicide. One uniform regulation of commerce, and one uniform currency, are more essential to the prosperity of New York than to that of any other State. New York represents interstate and international commerce. There are concentrated our imports and exports, and there three fourths of our revenue is collected. There, if the Union endures, must be the centre of the commerce of the nation and of the world. If the rebellion succeeds, the separation of the East and West is just as certain as that of the North and South. Discord would reign supreme, and States and parts of States become petty sovereignties, mere pawns, to be moved on the political chess board by the kings and queens of Europe. As New York has derived the greatest benefits from the Union, so would she suffer most from its fall. It is New York to whom the Union transferred the command of her own commerce, and ultimately that of the world. It is New York to which England looks as the future successful rival of London, and it is New York at whom England chiefly aims the blow in desiring to overthrow the Union. The interest of New York in the price of bank or State stock is insignificant compared with her still greater stake in the success of the Union. Indeed, if the Union should fall, State and bank stock and all property will be of little value, and bank debts will generally become worthless. But if the war continues, we have seen that a redundant and depreciated currency would increase our expenditures $408,800,000 per annum. This would require a like addition to our annual tax, of which the share of New York would be over $50,000,000, and the share of every other State in like proportion to its population.