I
К
J
North .Carolina State Library
BaltigK
MANCIPATION AND THE WAfi,
Compensation Essential to Peace and Civilization.
IN WHICH IT IS MADE APPARENT THAT THE RESOURCES OF TIIE
COUNTRY ARE THREE-FOLD GREATER TUAN THE EMER¬
GENCY, WHICH WILL CALL FOR LITTLE, IF
ANY, ADDITIONAL TAXATION.
By DANIEL R. GOODLOE, OF NORTH CAROLINA.
" If civil war come, if insurrection come, is this beleagued Capital, is tills besieged Government to see millions
of its subjects in arms, and have no right to break the fetters which they are forging into swords ? No ! The war
power of the Government can sweep this Institution into the Gulf ."—John Quincy Adamv.
INTRODUCTION.
The author of this essay is less ambitious of
submitting a s'pecific plan for the abolition of
Slavery, than of showing its necessity to the res¬
toration of peace and union, — and that these can
only be made permanent and genuine by award¬
ing liberal compensation to tiie slaveholders. It
is argued that the amelioration of the black race
ran only be effected through the agency of the
whites, — and, to secure this, fair compensation
must be made for the deprivation of what South¬
ern men regard as their property. It is main¬
tained further, that the issue of Government
stocks to the Southern proprietors, to the extent
of a thousand or twelve hundred millions, while
insuring perfect peace and good will between the
North and South, and between the white and
black races, would at the same time stimulate in¬
dustry in both sections beyond all precedent ;
and the North, in this way, would he repaid for
its share in the public burden. Northern agricul¬
ture, manufactures and commerce would receive
a new and unprecedented impulse from the aug¬
mented demands of their full-handed Southern
customers. The South would retain every pro¬
ductive resource of land and labor it possessed be¬
fore the revolt, and the cash value of the slaves
besides ; and the result would be an amount of
imports and exports, of profits and prosperity,
never before known, and a public revenue ade¬
quate to the demands upon the treasuay, with Ut¬
ile it any additional taxation. It is urged that the
attempt to abolish Slavery without compensation
would embitter and prolong the war, perhaps for
years, and thus cost more than the value of the
slaves; while success would leave the South
prostrated in resources and burning with impla¬
cable resentments. It is proposed to begin tho
work of emancipation by submitting to the loyal
Slave States the purpose of the Government with
reference to the rebels, accompanied with the of¬
fer of compensation, at a specific valuation of
their slaves. The insignificance oi the public
debt which this scheme involves, compared with •
the resources of the country, are demonstrated
by showing the three-fold greater burdens which
the people of Great Britain sustained forty years
ago.
Washington, Aug. 26, 1861.
THE NECESSITY OF EMANCIPATION.
It is the hope and the prayer of the most hu¬
mane and enlightened part of the American people,
that the civil war which has rent the country in
twain will only terminate in the extinction of tho
cause of it. The idea gains ground daily, that in
some way, Slavery must be abolished before we
can have a return of peace and prosperity. Wise
and good men and women see, in the events by
which we are surrounded, the hand of Providence
stretched forth to break every yoke, while saga¬
cious observers of the world's affairs see no solu¬
tion of the problem but in the total overthrow of
Slavery.
Prior to the commencement of hostilities by the
audacious attack on the National Hag at Fort
Sumter, there was an indefinable feeling pervading
