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Lots of people now wondered what happened to the compromise of 1850.
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Well that was essentially a dead letter.
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And what was born in that republican party,
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what was born in those meetings that formed the republican party
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in the summer of 1854 was a theory,
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an idea they called "the Slave power conspiracy."
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It actually wasn't born there, that's an old idea,
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the idea of a slave power.
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But the idea of a slave power, this notion of some kind of
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Conspiracy, a cadre, an oligarchy,
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a small number of great planters in the deep south
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that nevertheless had tremendously Disproportionate power