calamities attending the progress of the war, this inevitable result is one of the greatest compensations. Few men, perhaps, would have desired, or, by deliberate action, have promoted this violent destruction even of so pernicious a system as that which prevailed in the South; but, on the other hand, with the experience of the last two years, still fewer men, in the loyal States at least, can be found to deny that the judgment is righteous, and that, in the actual circumstances, it is destined to be in the end as beneficial to the Southern people themselves, as it is, in its immediate consequences, just in its retribution for their enormous crime. In the progress of so tremendous a war, in which, notwithstanding its origin and cause, the insurrectionary States have strangely been enabled to command foreign capital, together with the sympathy and even the indirect assistance of foreign powers, it would have been shortsighted in the extreme to have anticipated that slavery would escape attack. Though made the pretext for violence, and prominently put forward as the justification of rebellion, it was evidently the weakest point in the rebel cause, and was, therefore, alike from the choice of the rebels as from the necessity of the Government, destined to become the central object and pivotal point of the whole contest. Having once been placed in this position, and fixed in it by the inveterate enmities of prolonged war, it must from that time abide the arbitrament of arms. Two years of fierce and calamitous war seem to have brought the South to this alternative: either to restore the Union with immediate freedom to the slaves, or to accomplish its dissolution, with a doubtful and troubled continuance of the system for an uncertain period in the future.