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The speech is his opposition to the Kansas-Nebraska Act.
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His speech is a warning.
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It's the warning of a moderate Republican,
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but nevertheless a moderate, anti-slavery,
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free soil Republican
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who throws down the gauntlet, in the wake of Dred Scott.
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This is a sentence on the fifth page of the House Divided Speech,
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page 68 in your reader if you look it up.
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"We shall lie down soon," said Abraham Lincoln,
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"Pleasantly dreaming that the people of Missouri
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are on the verge of making their State free,
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and we shall awake the next morning to the reality instead