Summary: The Compromise of 1850 was basically a temporary truce between the north and south regarding the new land acquired from the mexican-american war. The land they earned from the war was present-day Arizona, California, Colorado, Nevada, New Mexico, Utah, and Wyoming. They made this “truce” because the north and south were arguing whether the new land should be slave states or free states. Since they could not come with an agreement, they decided to create a temporary solution by making the Compromise of 1850. The Compromise stated that there will be a stricter fugitive slave law, California will become a free state, The New Mexico and Utah Territories will be decided to be a free or slave state by popular sovereignty, and that slave trading in Washington, DC, will be banned.
Northern Perspective: The Northerners were probably happy that they were able to make California a free state because they will acquire more power and more land. They probably came with a mutual agreement for the territories, which they might not have been too happy about. They also probably would have not approved of the increased fugitive slave laws, but in the end they needed to come with an agreement with the south
Southern Perspective: The Southerners were probably happy that they were able to get stricter fugitive slave laws, but were probably furious about California becoming a free state because now the north has more power. They probably had a neutral feeling towards the fact that the territories are going to be slave or free based on popular sovereignty, though.