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THE COTTON TRADE.

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'The resolutions of the States who favoured Abolition were adopted entirely with the
view of obtaining additional political power, and imposed on the South the strongest
obligation to rise in self-defence. It was a fraternal feeling which induced the Southern
States to make common cause with the North in the war of the Revolution. The South
had no especial cause of complaint; it was flourishing by its trade with Great Britain;
but it was actuated by that feeling and principle, to take up arms; and now, was she to
be asked to give up her domestic institutions? The South asked for no new guaran-
tees, no new security; but she desired that the Constitution should be preserved from
violation.'
Speech of JEFFERSON DAVIS, United States Senate, July 12, 1848.

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SAUNDERS, OTLEY, & CO., 66 BROOK STREET, W.

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