the South, if we secede. My people are not terrified by any such
considerations. * * * They have no fears of the future if driven to
rely on themselves. The Southern States have more territory than all
the Colonies had when they Seceded from Great Britain, and a better
territory. Taking its position, climate, and fertility into
consideration, there is not upon Earth a body of territory superior to
it. * * * The Southern States have, too, at this day, four times the
population the Colonies had when they Seceded from Great Britain. Their
exports to the North and to Foreign Countries were, last year, more than
$300,000,000; and a duty of ten per cent. upon the same amount of
imports would give $30,000,000 of revenue--twice as much as General
Jackson's administration spent in its first year. Everybody can see,
too, how the bringing in of $300,000,000 of imports into Southern ports
would enliven business in our seaboard towns. I have seen with some
satisfaction, also, Mr. President, that the war made upon us has
benefitted certain branches of industry in my State. There are
manufacturing establishments in North Carolina, the proprietors of which
tell me that they are making fifty per cent. annually on their whole
capital, and yet cannot supply one tenth of the demand for their
production. The result of only ten per cent. duties in excluding
products from abroad, would give life and impetus to mechanical and
manufacturing industry, throughout the entire South. Our people
understand these things, and they are not afraid of results, if forced
to declare Independence. Indeed I do not see why Northern Republicans
should wish to continue a connection with us upon any terms. * * *
They want High Tariff likewise. They may put on five hundred per cent.
if they choose, upon their own imports, and nobody on our side will
complain. They may spend all the money they raise on railroads, or
opening harbors, or anything on earth they desire, without interference
from us; and it does seem to me that if they are sincere in their views