Rensselaer Gazette, Volume 3, Number 36, Rensselaer, Jasper County, 28 December 1859 — A Good Speculation. [ARTICLE]

A Good Speculation.

The Legislature of Tennessee has either passed or will paFs a bill compelling free negroes to leave the State by a certain period or be sold into slavery. The Legislature of Mississippi has passed a similar bill. The St. Louis Democrat of Wednesday contains the following notice ol it: “A bill for excluding free negroes from the State of Mississippi passed the House on the 7th by a vote of seventy-five to five. It provides that they shall leave the State on or before the Ist day of July, 1860; or, if they prefer to remain, they shall be sold into slavery, with a right of choice of masters, at a price assessed by three disinterested slaveholders, the proceeds to go into the treasury of the county in which the provisions of the bill may require to be executed.” A similar bill has been proposed in the Senate of Missouri. It will pass, we presume. Thus three States have, or will soon have, required the return to slavery, or the banishment of about 15,000 human beings. There were 6,400 free negroes in Tennessee in 1850; 2,600 in Missouri; and 930 in Mississippi. There are now, probably, half as many more. Those 15,000 men, women, and children will bring at auction an average of SSOO each, or about $7,500,000 —a very pretty sum. Mississippi might use her negro fund to pay off' her repudiated debts, but wo believe her Democracy is so very pure that she can’t be brought to think of paying anything she owes. So her part of $7,500,000 will probably be turned into an endowment of a theological college. In Arkansas, where a similar law was passed two years ago, the money thus raised was constituted a part of the common school fund. We have no comments to make on tho righteousness of this highly scented Democratic I operation.— State JournalDouglas says that, he relies upon the Di mocracy. He has both lied and re-lied upon the Opposition.— Louisville Journal.