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Labor in the South.

Many prominent planters of South Carolina have expressed the opinion that the negroes of that State, if properly paid and well treated, will work under the new system. The same encouraging expectations would seem to be warranted in other cotton States, from the paragraph of the Montgomery (Ala.) ledger, published in this journal yesterday, warning the planters against the danger of an over-crop of cotton.

We heartily trust that these agreeable anticipations may be realized. With the exercise of forbearance and patience, it may, and we hope will, prove that the South will retain the industry that has been hitherto so productive, and that the colored race will realize that the whites are their best friends, and become contented, happy and prosperous laborers.

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