it has been organized will not only meet your
approbation, but that it will realize at no distant day all the fondest
anticipations of its most sanguine friends and become the fruitful
source of advantage to all our people.

On the 22d day of September last a proclamation was issued by the
Executive, a copy of which is herewith submitted.

In accordance with the purpose expressed in the second paragraph of that
paper, I now respectfully recall your attention to what may be called
"compensated emancipation."

A nation may be said to consist of its territory, its people, and its
laws. The territory is the only part which is of certain durability.
"One generation passeth away and another generation cometh, but the
earth abideth forever." It is of the first importance to duly consider
and estimate this ever-enduring part. That portion of the earth's
surface which is owned and inhabited by the people of the United States
is well adapted to be the home of one national family, and it is not
well adapted for two or more. Its vast extent and its variety of climate
and productions are of advantage in this age for one people, whatever
they might have been in former ages. Steam, telegraphs, and intelligence
have brought these to be an advantageous combination for one united
people.

In the inaugural address I briefly pointed out the total inadequacy of
disunion as a remedy for the differences between the people of the two
sections. I did so in language which I can not improve, and which,
therefore, I beg to repeat:

One section of our country believes slavery is _right_ and ought to be
extended, while the other believes it is _wrong_ and ought not to be
extended. This is the only substantial dispute. The fugitive-slave
clause of the Constitution and the law for the suppression of the
foreign slave trade are each as well enforced, perhaps, as any law can
ever be in a community where the moral sense of the people imperfectly
supports the law itself. The great body of the people abide by the dry
legal obligation in both cases, and a few break over in each. This, I
think, can not be perfectly cured, and it would be worse in both cases
_after_ the separation of the sections than before. The foreign slave
trade, now imperfectly suppressed, would be ultimately revived without
restriction in one section, while fugitive slaves, now only partially
surrendered, would not be surrendered at all by the other.