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A Humiliated nation.

--In the surrender of Mason and Slidell, the British Government will ascertain the exact capacity of the Yankee guns. In succumbing to the English demand the Yankees demonstrate that they have no sense of national honor, and that dollars and cents are their supreme law of action in matters public as well as personal. They boarded the Trent with every circumstance of bravado and indignity; the Government made the act its own by receiving the Commissioners into its possession, and confining them as prisoners; the Secretary of State and of the Navy, and the House of Representatives applauded the outrage to the echo; the whole press of the United States seemed with the most uproarious and defiant exultation over the act of Wilkes, and hectored, bullied and humbled the British Lion in every conceivable shape and form. After all this, to back down instantaneously, and, at the first menace of England, to surrender the Commissioners, is to exhibit not only a lack of all honor and manliness, but a shamelessness to shocking that hereafter the Stars and Stripes will become a badge of degradation and infamy throughout the world. This humiliating surrender, so far from propitiating the European world, will convince them of the conscious weakness and paralyzing cowardice of the blustering power that, with six hundred thousand men in arms, permits its nose to be pulled and its face to be spit upon without an effort at resentment. We believe that tomorrow, if England and France would demand that the Federal Government recognize the independence of the Southern Confederacy upon penalty of their displeasure, they would not only recognize it, but be glad of the chance. Certainly there can now be no longer any fear of consequences on the part of those Governments in themselves recognizing the Southern Confederacy, or even in opening the blockade.

We blush to think that the South has so long remained in union with a country which has so little sense of public spirit or national honor. The time was when the North was prompt and brave to resent indignities upon the American flag, but that was in a past generation, when Northern men had not entered upon the career of injustice and oppression towards their own country men, and upon that damning crime of invasion and war which has made cowards of all of them who have assemblages of conscience. Who would be back under such a government? Who would have again for a national emblem, that Stars and Stripes which have been so humbled under the fierce gaze of the British Lion? Who does not desire in see every star and bar erased from our own flag, that we may no longer have an ensign which can by any possibility be mistaken for that which has become so foul and degraded in Lincoln's hands?

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