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Nothing New.

The disparagement of the Southern States, and especially of Virginia, is precisely similar to that levelled at the British Provinces before the Revolution. Lord North said that ‘"four or five frigates"’ would reduce America to subjection! A distinguished gentleman, upon a similar mode of computation, has recently assigned to Virginia ‘"one frigate"’ to accomplish her reduction! History tells us how Lord North's prophecy was fulfilled. If the issue is fully made up between the South and the North, (which Mr. Hale calls the Great Britain of this Union,) it will be seen what ‘"one frigate"’ will do with Old Virginia! But America had friends in Great Britain, though they were few — as few, we trust, as the enemies of the South are in the South itself. Among them was Gov. Pownall, who in Parliament warned the Government against ‘ "coercion."’ Speaking of the American Provinces, he used the following language, which applies with singular accuracy to the seceding States at this time:

"They will hold a conference — and to what these committees, thus met in Congress, will grow up, I will not say. Should recourse he had to arms, you will hear of other officers than those appointed by your Governor. Then, as in the late civil wars of this country, it will be of little consequence to dispute who were the aggressors — that will be merely matter of opinion."

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