What President Lincoln Should Do

The wliolo Nortli was never more United upon ny qucstion than it ia at this moment upon the subjugation of j the rol ellion. It is true tliat a large roinority vote was cast tbr General McClellasi ; but it was becuuse of bis avowcd oeiiti'iients in favor ol maiotuining the Utiion at all hazards, so that there vdH no material diflerencdSbetween bis position and tliat of Mr. Lincoln upou the continuance of the war untii tho dignity ol our H:)g was respocted, and thalaryvja were obüjed. In thia ligbt tlie South views be i6ues of the lto elpcüon and oui' position today, and 'm this ligbt, also, the subji'ot U regardod Ijy foreign powera. 1 Tho timo has come when President Ljneoln rany bo magpanimous. lio sliould adof.it the humane Buggestiotis of ! Gen. Butler, nd eend a rnission oí i j eaec to Kichrnood, ofioriag an j t'cred iimnesty, acconipanied b_v a fair proposilion to the people and leadurs of the South to lny down their arm, and como back into the Union, fratornally nnd in good faitb, under the Constitution, and tho laws ennoted io consonance with it. A delcgation of diatinguislied men, b aring suoh a proposal, would be welconiüd in Ricdmond, f we can ineasuro popuiar feeling by the sign of the times. Let tho offer be ba'sod upon Mr. Soward's plan, as exprea,sed lo the Fronch government - that is, fnr tl to Southern States to sund their rcsrLjsentatives to both Housos of Congreiss, as hereti-fore, wbero thoir seata aro still waiting for tbom, and thoir collcaguos from the North vviil welcome tlieiTi. Th'w would bo the true convention of all the States - a convention Congres, wheru, if there bo ahything wrong in our legislatioD, anything oppressivo to aoy seotion, it can be renjedied by the coinmon voice of al!. " It is not necessary that in irmking Buoh a proposal to tho South, Mr. Lin coln should tako any isaue upon the slavery question. Lot that sottle itself in its own way by the gruduul procass of abolitioD, if, indeed, it is not alretidy virtually detid. An outery tigainst such a measure might be raiscd by the radi caía ; but all the conservativo republicana :md connoi vative demócrata would hail. it vvith nnboundod satisfaction, und tho cvry of tho noisy agitators would be drowned in the voice of the people. A fair offer to restore the Southern Stutes aud every man in tliom to thoir original statvs in the Union, untrammeled by any conditiuns save obedienco to the luw?, and wit h Grant and Rhermitn meantirao Ptill pressing the rebellion to its hist shitis, 8Uoh an oflor, we venture to say, would not be despis'ed. If the South should reject it, tlien tho onu of prolonging the war would be wilh then), and the whole world would justiiy our government in pursuing it to the bitter end. But we have little anlicipation that such a rnissiou would be rejected. Should the leaders be disposcd to refuse, it is vory probable that the penale would riso up and repudíate (hem. Wo believe that if Mr. Lincoln ■rere to send a few distinguishad men to lliühuiond dow, that tha Southern peoule would not onlv accent the torms Icred, but tiiey would be willing to join vvilh uw in tliG inevitable war with tbose oreigu nationi? w'uich for four yearg pat have been insulting us by their iniiciimis aad hostile policy. Now i pi-ö-imiuently tha moment for Mr. Lincoln to niake a fair, honost and fraternal o!16r to the Soutli, for the reatorati on oí peace, and wo cali upoa him to do it.