WillEnglandincurthistremendouslossforamereabstraction?“
Whether“amereabstraction“heremeanstheabstractionofthetwoSouthernCommissionersfromunderourflagortheabstractideaofinjuredhonor，whichseemsridiculoustotheHerald，isitneedlesstoask。IhavespokenwithmanymenwhohavemoneyinvestedintheStates，butIdeclareIhavenotmetoneEnglishgentlemanwhomthepublicationofthisthreathasinfluencedforamoment。OurpeoplehaveninehundredmillionsofdollarsinvestedintheUnitedStates，havethey?AndtheHerald“callsupontheCompanies“nottotakeanyofthisdebtoffourhands。Letus，onourside，entreattheEnglishpresstogivethisannouncementeverypublicity。Letusdoeverythinginourpowertomakethis“callupontheAmericans“wellknowninEngland。IhopeEnglishnewspapereditorswillprintit，andprintitagainandagain。ItisnotwewhosaythisofAmericancitizens，butAmericancitizenswhosaythisofthemselves。“Bullisodious。Wecan\'tbearBull。Heishaughty，arrogant，abraggart，andablusterer；andwecan\'tbearbragandblusterinourmodestanddecorouscountry。WehateBull，andifhequarrelswithusonapointinwhichweareinthewrong，wehavegoodsofhisinourcustody，andwewillrobhim！“SupposeyourLondonbankersayingtoyou，“Sir，Ihavealwaysthoughtyourmannersdisgusting，andyourarroganceinsupportable。YoudaretocomplainofmyconductbecauseIhavewrongfullyimprisonedJones。Myanswertoyourvulgarinterferenceis，thatIconfiscateyourbalance！“
WhatwouldbeanEnglishmerchant\'scharacterafterafewsuchtransactions?ItisnotimprobablethatthemoralistsoftheHeraldwouldcallhimarascal。WhyhavetheUnitedStatesbeenpayingseven，eight，tenpercentformoneyforyearspast，whenthesamecommoditycanbegotelsewhereathalfthatrateofinterest?Why，becausethoughamongtherichestproprietorsintheworld，creditorswerenotsureofthem。SotheStateshavehadtopayeightymillionsyearlyfortheuseofmoneywhichwouldcostotherborrowersbutthirty。Addupthisitemofextrainterestaloneforadozenyears，andseewhataprodigiouspenaltytheStateshavebeenpayingforrepudiationhereandthere，forsharppractice，fordoubtfulcredit。Supposethepeaceiskeptbetweenus，theremembranceofthislastthreatalonewillcosttheStatesmillionsandmillionsmore。Iftheymusthavemoney，wemusthaveagreaterinteresttoinsureourjeopardizedcapital。DoAmericanCompanieswanttoborrowmoney——aswanttoborrowtheywill?Mr。Brown，showthegentlemanthatextractfromtheNewYorkHeraldwhichdeclaresthattheUnitedStateswillconfiscateprivatepropertyintheeventofawar。Asthecountrynewspaperssay，“Please，countrypapers，copythisparagraph。”And，gentlemeninAmerica，whenthehonorofYOURnationiscalledinquestion，pleasetorememberthatitistheAmericanpresswhichgloriesinannouncingthatyouarepreparedtoberogues。
AndwhenthiswarhasdraineduncountedhundredsofmillionsmoreoutoftheUnitedStatesexchequer，willtheybericherormoreinclinedtopaydebts，orlesswillingtoevadethem，ormorepopularwiththeircreditors，ormorelikelytogetmoneyfrommenwhomtheydeliberatelyannouncethattheywillcheat?IhavenotfollowedtheHeraldonthe“stone-ship“question——thatgreatnavalvictoryappearstomenotlesshorribleandwickedthansuicidal。
Blocktheharborsforever；destroytheinletsofthecommerceoftheworld；perishcities，——sothatwemaywreakaninjuryonthem。