The New York Herald

WASHINGTON, July 7, 1848.

Some of the Points.

A round, sound lecture was delivered to the North men to-day, by Mr. Herschel Johnson, of Georgia in the Senate. Whether Herschel has been consulting the stars, or not, he did not tell us; but his constitutional pleading to-day, like that of Mr. Mason yesterday, appeared to us to be as clear as the laws of gravitation. We see no hope but in the Missouri compromise. We have no hope of that but in its adoption at the present session. Difficulties are in the way. Objections are to be removed among Northmen and Southrons, of both parties, in both houses. But there are also men of both parties in favor of this compromise. A strange insect, of a thousand legs, just now creeps but among the papers on our table, a fearful looking monster, who hurries away from the light, as if conscious that he cannot bear inspection but at the hazard of his life. So it is with this free soil combination of the North. It is a monster of a thousand legs, which appears to be as conscious as an unwelcome customer, that if we caught a good lick at him with the Missouri compromise, his superfluity of propellers will be utterly useless. And the fact that our proviso men are all in a hurry to adjourn, shows that there is a strong reliable prospect of a compromise. We believe that it will pass, and that the barnburners will be left high and dry on the sand, far above the return of the tide. Under the existing state of things, Gen. Taylor is sure of an election; but it remains to be seen what this compromise accomplish—what the Buffalo convention will do; for, as the compromise, if adopted this session, will be adopted before the 9th August, the Buffalo gathering may have nothing left to work upon except the little District of Columbia, and the Island of Cuba, and these things will be poor capital for the free soil people. The question to them will then be between a slaveholder and a man of the North, who, they say, has sold himself to the slaveholders—between Taylor and Cass. Therefore, they will probably have a candidate of their own, even if their platform be thrown from under their feet.

Without the proposed compromise, run through to the Pacific, the simple, broad, portentous, and disastrous question of disunion, comes up in a palpable shape. The blind, headlong fury of the campaign will precipitate it upon us, and before the meeting of another Congress, the Rubicon may be passed. This is no idle pastime. The world goes forward with locomotive rapidity in these piping times of steamers; and 'go-ahead or burst the boiler,' is the motto of the age. We must stop this Northern train now, or it will come into collision with the upward train from the South, and the crash at the junction of Mason and Dixon will dislocate every bone in the bodies of the engineers.