This being true in respect to Independent Nations at war with each
other, it follows that Rebels who are laboring by force of arms to
overthrow a Government, justly bring upon themselves all the
consequences of War, and provoke the destruction merited by the worst of
crimes. That Government would be false to National trust, and would
justly excite the ridicule of the civilized World, that would abstain
from the use of any efficient means to preserve its own existence, or to
overcome a rebellious and traitorous Enemy, by sparing or protecting the
property of those who are waging War against it.

"The principal wealth and power of the Rebel States is a peculiar
species of Property, consisting of the service or labor of African
Slaves, or the descendants of Africans. This Property has been
variously estimated at the value of from seven hundred million to one
thousand million dollars.

"Why should this Property be exempt from the hazards and consequences of
a rebellious War?

"It was the boast of the leader of the Rebellion, while he yet had a
seat in the Senate of the United States, that the Southern States would
be comparatively safe and free from the burdens of War, if it should be
brought on by the contemplated Rebellion, and that boast was accompanied
by the savage threat that 'Northern towns and cities would become the
victims of rapine and Military spoil,' and that 'Northern men should
smell Southern gunpowder and feel Southern steel.'

"No one doubts the disposition of the Rebels to carry that threat into
execution. The wealth of Northern towns and cities, the produce of
Northern farms, Northern workshops and manufactories would certainly be