Some Reasons for Delay.

Without officers or legislators, without courts, without authorities to keep the peace, with agriculture unsettled, the labor question undetermined, property insecure, trade paralyzed for want of the products of exchange and the means of purchase, the social status of every class undefined; with proscription, death, or disfranchisement ever present to the people's imagination, violence lurking in the air, and threatening to burst now upon the leaders of secession, now upon the African Americans, and now upon the populace, who welcome coldly the disbanded hosts of the defunct Confederacy--such is the picture of the South that one finds draw a in the morning papers.