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Symptoms of reaction at the North.

The following article is copied from the New York Daily News, of June 29th, We do not regard it as any indication of a speedy close of the war, but publish it merely to show the change that is gradually working its way over the minds of some reflecting men at the North:

The accounts which are rapidly pouring in from the rural districts of different Northern States contribute to render the fact more and more manifest that the mont signal reaction has already taken place in public feeling against the most iniquitous, anti-constitutional war in which the Abolition Government has involved the Republic. Farmers are unable to dispose of their produce; factories are everywhere closed; hundreds of thousands of laborers have been dismissed from employment; in the midst of the greatest plenty multitudes are on the verge of starvation; merchants are becoming bankrupt to such an extent that the banks are compelled to refuse most of the paper offered to them for discount; there is a complete stagnation of trade, and by the side of these terrible blows that are being inflicted upon our national prosperity a public debt is rolling up, which some of our insane contemporaries boast will speedily reach fifteen hundred millions of dollars. Not a single one of Mr. Lincoln's pledges to the country in the month of April has been fulfilled, and, though a Federal army of three hundred thousand men has been enrolled into the service of the United States, they are literally at a dead lock, and the announcement is now gravely made that Gen. Scott does not contemplate any further advance, but will try to tire out the force of the Confederate States. We are told by organs of the Administration that there may not be any battle after all, and that all the wholesale violations of law, massacres and tyranny that have been witnessed within the past two weeks, have failed to accomplish one of the purposes for which they were intended.

Even the blockade of the Southern coast begins to find a terrible counter part in the Northwestern and Central States. They begin to experience the want of a market for their flour, hay, and grain, and are as badly off to dispose of their surplus crops, as they have rejoiced in supposing the slaveholding States would be of getting rid of their cotton. Neither is there any probability of an amelioration of their condition. On the contrary, the prospect of one of the most bounteous harvests ever known affords them no comfort, because it can neither be sold nor consumed, and, when gathered in, will rot in warehouses, or be sacrificed at less than the expense of production. The resolutions that were offered a short time since in the Iowa Legislature, and which were substantially repeated a fortnight ago in Connecticut, afford but a faint reflex of popular indignation against those who, for their own selfish, demagogically and wicked ends, have reduced the United States to so deplorable a condition, and we shall not be surprised if even many Black Republican members of the coming Congress shrink from endorsing measures that have caused such calamities, and from authorizing President Lincoln to proceed further in a career so detrimental to the interests of the nation.

Not only have our industrial classes discovered that impoverishment is staring them in the face, but we observe that the portion of the press which, anterior to the15th of April, inculcated sound, conservative views, is gradually returning to the position it formerly occupied. The Journal of Commerce, terrified for a while by Black Republican menaces and threats, that its valuable property should be converted by a mob into a heap of ruins, speaks with its wonted boldness, and dares to tell its readers that peace is better than war, and that no glory is to be derived from fratricidal strife. The powerful influence of the Herald occasionally makes itself felt in the same direction, and every thinking member of society will approve of its recommendation yesterday, that ‘"there should be an armistice between our loyal and revolted States, for one, two, or three years, in reference to our domestic troubles. "’ It advocates the use of the armies that have been raised North and South for the purpose of possessing ourselves of Canada, Mexico, and the West India Islands, and adds: ‘"This is our programme for turning the war of mutual destruction between the North and the South into one of mutual assistance, expansion and power, and to the removal of every vestige of European domination from this continent."’ And against ‘"How much it is to be regretted that such sacrifices are in prospect to preserve the integrity of a Union already glorious, instead of their being made to extend its dominion."’ Without endorsing this longing for a foreign war, we approve of every deprecation of domestic strite. Compared with the bedlamite ravings of the Tribune, and the puerile carping and fretfulness of the Times, any utterances that have a peaceful tendency are welcome, and we greet them with hearty rejoicing.

The Administration has succeeded in disgusting all parties. Its high-sounding promises are all blown to the wind. The savage coercion faction, who wish, with Greeley, that ‘"Southern mothers should be reduced to poverty and their children to rags,"’ that cities should be laid in ashes, and a general reign of horror be inaugurated, are, of course, woefully disappointed. We are not sure that the programme of the Constitution burners on the Fourth of July may not be reconsidered, and that they may not be compelled once more to celebrate that day with a sacrilegious bonfire.

The bone, sinew, and intelligence of America utterly repudiate Mr. Lincoln and all his works, and look back with regret to the days when a President would have been impeached for the tenth part of the crimes he has perpetrated. He dare not retrace his steps now; but it is evident that he lives in perpetual anxiety with regard to the future, and dreads the approach of the day when he will be called to a bitter account for his reckless violation of the sacred trusts committed to his hands.

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