Whilst the greatest effort has been made to ensure the quality of this text, due to the historical nature of this content, in some rare cases there may be minor issues with legibility. It is universally felt through the Southern States, that (so called) African slavery, as an institution now existing, is essential to the well-being of those States. It is universally felt that the abolition of that institution, would not only entail ruin upon the Southern States, but would calamitously affect foreign nations. The institution has, consequently, been defended upon politico-economical grounds; and the arguments urged in this respect are most powerful, and, indeed, unanswerable.