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The North A unit against the rebellion.--Mobile, August 20.--Elsewhere, the telegraph gives us a synopsis of the Queen's speech proroguing Parliament. The little Guelphish lady speaks nothing that is not written or indorsed by Palmerston, as every body knows. Recognition and armed intervention are phantoms which the good sense of the Southern people will no longer see by night and by day. The British government is determined to “take no part in the contest.”

Now that there is no chance of English interference, another illusion should be dispelled. We republish the speech of Dr. Olds of Ohio, as a part of the history of these remarkable times. Our people are disposed to rely too much on the prospect of a grand smash of the Union of Yankeeland. Such men as Vallandigham and Dr. Olds are, perhaps, like Burns, dropped in the wrong country, but they are not exponents of Yankee sentiment.

There is no safety in any thing short of the bayonet. Hope of something turning up, of the gradual omnipotence of a peace party, of the West separating from the East, of a resistance to the onerous taxation of the Lincoln Government, have too long deluded the public mind of the South. All such hopes are fallacious. The sober mind at last turns back to the bayonet as the only peace-maker.

The North is a unit, and has been a unit since the commencement of this war. The fact could not be otherwise; for the races North and South have always been antagonistic. It was so when the Federal Government was inaugurated. Many persons are inclined to think that with the Missouri Compromise began our troubles. Not so. When the question of fixing a permament capital was agitated in Congress, the South-Carolinians insisted that it should be removed from Philadelphia, because the Quakers were eternally pestering them about slavery. It was with much difficulty that the capital was located on the banks of the Potomac, because the New-Englanders and the Quakers were opposed to a location so Southern. Subsequently, the Quakers became silent, and New-England, having stolen the thunder of these quiet people, has been the hot-bed of Abolitionism.

In the settlement of this country, two great streams of civilization poured out. One had its head at James-town, and one at Plymouth Rock. The canting, witch-hanging, nasal-twanging, money-worshipping, curiosity-loving, meddling, fanatical, “ism” --breeding followers of Cromwell, spread over the greater part of the North and West. Jamestown stock chiefly peopled the South, and small sections of the North-west Territory, which, with Kentucky, belonged to Virginia. It was the descendants of the genuine Yankee which met us at Manassas and before Richmond and fled from the Valley of the Shenandoah before Jackson. It was in part the descendants of the Jamestown stock, crossed with the Yankee, which met us at Donelson and Shiloh, and who are our stoutest foes. Any one who will look into this bit of history will see that it is true.

Extreme religious bigotry indulged for more than two centuries, and constant intermarriage have impoverished the Yankee blood, until the Yankee mind has become diseased and filled with innumerable “isms.” On the contrary, though the South has preserved its great English features, a healthy admixture of the blood of other races has kept it from degeneration. Besides, our people were from the start tolerant and well-bred, haters of Cromwell and his whole cropped, steeple-hatted race, and its accursed cant, and worshipping another God than mammon. They have held honor as the highest excellence, and cultivated the refinements of civilization.

With such a race as peoples the North, it is idle to dream of peace, for bigotry has no ears and cannot hear — no eyes and cannot see. Its sole object is subjugation for the purpose of gain, the God of Jacob being wholly supplanted by the god Mammon. The Slavery question was only agitated for political supremacy; and the Yankee only wanted political supremacy that he might rob the South with a form of law.

Peace will be declared when the North is poverished and exhausted — not before. The South, then, should gird its loins for the contest, and rely no longer on foreign intervention or Western secession, but upon its bayonets. Let it go into the field like Duke Godfrey, crying, “God for the right and just!” and conquer the Saracens with the cold steel of the Southern legion.--Mobile Telegraph, August 20.

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