the black man, the policy of Mr. Johnson offers them a bribe to keep him in a state of hopeless dependency and subjection. It gives them more members of Congress in proportion as they have more unrepresented inhabitants. Mr. Beecher asks us (and we see no possible reason for doubting the honesty of his opinions, whatever may be their soundness) whether we are afraid of the South, and tells us that, if we allow them to govern us, we shall richly deserve it. It is not that we are afraid of, nor are we in the habit of forming our opinions on any such imaginary grounds; but we confess that we are afraid of committing an act of national injustice, of national dishonor, of national breach of faith, and therefore of national unwisdom and weakness. Moderation is an excellent thing; but taking things for granted is not moderation, and there may be such a thing as being immoderate in concession and confidence. Aristotle taught us long ago that true moderation was as far from the too-much of blind passion on the one hand as from that of equally blind lukewarmness on the other. We have an example of wise reconstructive policy in that measure of the Bourbon-restoration ministry, which compensated the returned emigrants for their confiscated estates by a grant from the public treasury. And the measure was wise, for the reason that it enabled the new proprietors and the ousted ones to live as citizens of the same country together without mutual hatred and distrust. We do not propose to compensate the slaveholder for the loss of his chattels, because the cases are not parallel, and because Mr. Johnson no less than we acknowledges the justice and validity of their emancipation. But the situation of the negro is strikingly parallel with that of the new holders of land in France. As they were entitled to security, so he has a right not only to be secured in his freedom, but in the consequences which legitimately flow from it. For it is only so that he can be insured against that feeling of distrust and uncertainty of the future which will prevent him from being profitable to himself, his former master, and the country. If we sought a parallel for Mr. Johnson's "policy," we should find it in James II., thinking his prerogative strong enough to overcome the instincts, convictions, and fears of England.