Mr. STOCKTON:—If the Conference felt as I do, it would at once establish such peremptory orders as would bring a speedy termination to this whole business. Upon what, let me ask gentlemen, does the salvation of the Union depend at this moment? What is it alone that prevents civil war now? I answer, it is the session of this Convention—this august Convention! We stand in the presence of an awful danger! We feel the throes of an earthquake which threatens to bring down ruin on the whole magnificent fabric of our Government! Is it possible that we should suffer this ruin to take place? Would it not impeach the wisdom and good sense of our day and generation to permit the edifice which our fathers constructed—to crumble to pieces? No! fellow countrymen, it is necessary that we, by trusting in God, who guided our ancestors through the stormy vicissitudes of the Revolution, should this day resolve that the Union shall be preserved!

In the execution of that resolve let us unfold a new leaf in our national history, and write thereon words of peace. Peace or war is in our hands—an awful alternative! Peace alone is the object of our mission; to restore peace to a distracted country. I have spent my whole life in the service of my country. I love the people of every State in it. They have been under my command and I have been under theirs. I know them, and I know that this Union can never be dissolved without a struggle. Will you hasten the time when we shall begin to shed each other's blood? No! gentlemen, no!

There seems to be but one question which gives us any difficulty in adjusting. That is, about the right of the South to take their slaves into the territories. Is it possible that we can permit this Union to be broken up because of any difference on such a question as this? Better that the territories were buried in the deep sea beyond the plummet's reach, than that they should be the cause of such a deplorable result.

But it is not the value of the territories which is in dispute; it is not whether the North or the South shall colonize them, because, as the gentleman from New York has said, that though the territory south of 36° 30´ had been ten years open to Southern colonization, only twenty-four slaves had been introduced into it. No, the real question is, whether pride of opinion shall succumb to the necessities of the crisis.

The Premier of the incoming administration has declared that parties and platforms are subordinate to, and must disappear in the presence of the great question of the Union. This gives me hope. Let him and his friends act upon that, and this Conference can in six hours, in conjunction with a committee of his political friends, adjust such terms of settlement as will save the Union.

The Roman Curtius offered himself as a sacrifice to save Rome, when informed by the oracle that the loss of his life would save his country. We are now in greater danger than Rome was then; but is there no Curtius for our salvation? We are not called upon to give up life, property, or honor, but to concede justice and equal rights to our Southern brethren. We only want the courage to yield extreme opinions. What power, after victory, refuses to lower the lofty terms which were asserted on the eve of the battle for the sake of peace? But the Republicans say, shall we surrender the fruits of victory to the vanquished? I answer, how are you to enjoy your fruits without pacification? You expected to govern the whole country. You aspired to the control of the whole empire. Without peace you will not succeed in establishing possession of that magnificent country which your predecessors governed, but you will govern a little more than half of it, and with that you have to provide for war.

It is easy to dispose of the threatening attitude of the South by denouncing it as a rebellion—as treason. It is idle to disguise the danger. The revolt of a whole people, covering a territory equal to half of Europe, is a revolution. You cannot dwarf the movement by stigmatizing it as treason. Its magnitude and proportions make the sword, and not the law, its arbiter. Is it possible that people can be so infatuated as to contemplate the use of the sword to conquer secession? Will you hasten the time when we shall begin to shed each other's blood? Coerce! force fifteen States! Why, you cannot force New Jersey alone! Force the South? They won't stop to count forces—neither side can be frightened. Don't think of it. You cannot frighten either, no more than the hero could be frightened whom the Roman poet has immortalized. Suppose after the expenditure of a thousand millions you shall have stopped dismemberment and subjugated the South, what is to become of the country then? what is to become of the army and its chiefs who have conquered? When the Long Parliament had murdered Charles, subdued Ireland and Scotland, and compelled the deference of all Europe, they supposed they would enjoy the fruits of their victories. They began to discuss the expenses of the army, and the expediency of its reduction. They had hardly commenced when Cromwell entered Westminster Hall and turned out the Republican party of that day. The whole country, tired of war, crouched under the iron heel of the Puritan soldier. The Republican party of England succumbed; Cromwell died; his son resigned the Protectorate, and the Republican party of England rose to the surface and made its last struggle for its power. General Monk and his army approached London, and Parliament with servility waited the pleasure of the army. The army declared for the King, and the King was restored.

When men meet to save the country, they must be prepared to give up every thing—to give their lives if necessary. How can men stop for party platforms when their country is in danger? But will the country consent to be dragged into civil war to maintain the Chicago Platform? It will not. That Platform was erected upon a perishable foundation. In the language of the New York Senator, it must "disappear."

I appeal to the brotherhood, to the fraternity of the North. My friends, peace or war is in your hands. You hold the keys of peace or war. You tell us not to hasten in this matter. But you do not realize the facts—no one does. It is said that the South challenges and invites war. No such thing. The mad action of South Carolina does not truly represent the South. There are disunionists South as well as North. It is the duty of patriotic men to checkmate the disunionists of both sections. By a proclamation of war, we shall effectually play into the hands and gratify the disunionists of both extremes. Civil war consolidates the South as a unit for disunion. The gallant southern men who have so nobly battled for the Union against great odds, will then be overpowered and forced into the ranks of the defenders of the South. While the South will thus be undivided and stand in solid phalanx, what will be our condition here at the North?

Can it be supposed that the Union men of the Democracy of of the North will stand by and see the country plunged into civil war to maintain the Chicago Platform? Will they acquiesce in the demolition of this Union by these means, when it can be preserved by peace? No, sir! Do you talk here about regiments for invasion, for coercion—you, gentlemen of the North? You know better; I know better. For every regiment raised there for coercion, there will be another raised for resistance to coercion. If no other State will raise them, remember New Jersey. The Republican leaders of the North, with hot haste, have worked through the Legislatures of the several States resolutions of a belligerent character, offering the military power of those States to the Government to subdue the South. Did the people of the North authorize those Legislatures to make any such tenders? Would the people of the North sanction any such nefarious policy? I know well the enormous bribe with which the Republican leaders would seduce the North into fratricidal war. The expenditure of uncounted millions, the distribution of epaulets and military commissions for an army of half a million of men, the immense patronage involved in the letting of army contracts, the inflation of prices and the rise of property which would follow the excessive issue of paper money, made necessary by the lavish expenditure;—these, indeed, are the enormous bribes which the Republican party offers.