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, in the question of slavery where it exists; I do not think that I have the right to do so legally, and I am by no means inclined to do so." It is thus that the North speaks in the spirit of moderation and of justice. Will the South be less accessible to this spirit of conciliation and of wisdom? We do not think so, and we have a proof at hand. A man of consideration in the South, (Mr. Yancey,) a Commissioner of the Southern States, at a banquet given at Fishmonger's Hall on the 9th of November last, in London, spoke as follows: When our adversary shall have become sufficiently calm to treat us as belligerents, the aurora of peace will appear in the horizon. When that hour has struck, I think I may say that the Confederate Government will not show itself inflexible, except upon one point — the care of our honor and of our independence. As regards the great interest of peace and humanity, our, Government will know how to make concessions in everything simply material or