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The proceedings of the Yankee Congress.

These proceedings must be of more interest than we were at first disposed to ascribe to them. We judge so from the circumstance of the New York Times seizing the occasion to bully the Congress in advance, fearful, no doubt, that the infection may spread. The Times attempts at once to put rings in the noses of Fernando Wood and his fifty-nine, and bits in their mouths. It evidently sees symptoms of a much more widely spread disaffection than it is willing to allow. It will not believe that there are fifty-nine persons in Congress willing to enter into conference with "Jeff. Davis" on terms of equality.

These proceedings, whatever impression they may make upon persons outside of the United States, are perfectly well understood there, at least. They form a part of the armory from which weapons are to be drawn in the approaching Presidential campaign.--They are the thunderbolts of the Democratic party. That party no more desire peace on the condition of eternal separation than the Abolitionists themselves. Their object is, by proposing terms which they know will not be accepted, to get, with the people, the credit of having done all in the power of man to put an end to the war, which the large majority would gladly see stopped, provided peace should bring re-union with it. At the same time they know this proposition will be rejected by the majority of Congress, who are determined to push the war to subjugation or extermination.--Should it even be accepted, they know that the Confederate States would reject any proposition so much as intimating re-union with scorn. They are, therefore, perfectly safe in making these movements, which are merely designed to restore them to power. Once in power, they would prosecute the war as fiercely as the Abolitionists themselves. They would be compelled to do so by public opinion in Yankeedom, which, however unsettled in other respects, is unanimous in favor of fighting until all the territory claimed by the United States shall have been once more brought under the "gridiron." With these squabbles of parties in the Yankee Congress we have not, nor can we possibly have, any interest. They affect us neither one way nor another. They all imply a continuance of the war upon the largest scale, unless we prefer re-union, which we do not, and never will.

The resolutions of Mr. Harding, of Kentucky, are significant enough. In calling in a foreign enemy to assist them in their struggles with their fellow-citizens, the Union men of that unhappy country find that they have brought in a master. Theirs is the history of every people who have made a similar experiment, from the day when the Druids of ancient Gaul called in Julins Cæsar and his legions to settle a political dispute. The arbiter always ends by becoming the master of both parties and of the country. Kentucky is now groaning beneath a most intolerable tyranny, and when one of her representatives endeavors to obtain from the Yankee Congress a declaration that she is still a State, her masters will not hear of it. She is to be tried for treason,

and treated as Virginia and South Carolina are to be treated when Charleston and Richmond shall have been taken, or as Georgia is to be treated when they have gotten possession of Savannah and Atlanta. So far as the Union people of Kentucky are concerned, we glory in this retribution. They loved their mule contracts and their fat cattle better than the honor of their State, and they have their reward. But we feel, and feel most acutely, for the nobler and better portion of that State, who have been betrayed, persecuted, impoverished, and in thousands of cases driven into exile, by the assistance of those who sacrificed the honor of the State to gratuity Yankee malice, and now complain that the Yankees have given them exactly the treatment they might have expected had their souls been alive to a single generous emotion.

Upon the whole, we are not sorry to see the vote upon Mr. Harding's motion. It dissolves every shadow of illusion which may have previously existed with regard to the intentions of the Yankee Government.--They mean to subjugate or exterminate us; that is plain, and we must make up our minds to be neither exterminated nor subjugated.

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