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Selling out. A contemporary speaks of an idea said to be entertained by some persons, that it would be a good thing to make proposals to the Governments of England and France to sell out the whole Confederate establishment, "lock, stock and barrel," together with its interest in national independence and in the institution of slavery, as the dernier resort against Federal subjugation. It is altogether too early in the day to consider such a proposition. The Confederacy is not yet exactly in the situation of "Japheth in search of a Father." When that time has come, we can have an auctioneer's block raised in the Capitol Square,--perhaps the Washington Monument would answer the purpose,--and some gentleman experienced in disposing of "most elegant and desirable property, ancient family mansions, fine orchards, never-failing springs," etc., employed to do the "Going — going — gone." The live stock, white and black, to go with the estate. Specimens of these, including the vari