Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-02-05


pa,,ttcaI Moveme nts-spring Elections.
The political elements are again in notion On III,
first Tuesday, Wednesday and Thursday Of April
comes on the charter elections Of this CITY, In thu
present balanced of parties throughout the coun
try becomes point of magnitude TO carry this city
Since the month Of March last, political revelation
has been going on, pari pdssts with the com'nercia
revolution The opposition TO the party IN power
have seized the passions Of the people reused by ths
pressure of the times and turned them against the
Sinking little President Another attempt will be
made to stay this revolution by the administration
bat will il succeed The first movements have be-
gun.
few days age the wings called meeting at Ma
sonic Hail. for Wednesday night this week, IN order TO
express their entire opposition to the ubreasury ana
other schemes This the sigma. fora counter meve
ment at Tammany. Accordingly the locofocos nave
called meeting at Tammany Hall for tomorrow eve
ming This announcement has brought the conserva-
tives into the field, and meeting has been
called by them for the same evening at their new
pace of rendezvous in Canal street, near Broadway,
called The National Hail.
The Conservatives we learn, intend to keep up a
disHct organzaton and support their views by their
own efforts. highly respectable citizen, Mr.. Bird
SAIL is of their prime leaders, and their pecy for
the present is opposition TO the subueasury scheme,
and demand for small bills This is the purpose of
their meeting tomorrow night in Canal street.
The democratic meeting tomorrow night at Tam
many Hall has been in preparation for some time
We learn that Christian Bergh, Esq, highly re-
spectacle ship builder, IS to be the Chairman, and
number Of very reputable men are selected for the
other officers. Mr. Lorillard of the Mechanics Bank
was asked serve, but he replied that he could not
take any part in public affairs during the present state
of parties probably believing that he has enough to
attend to in restoring the Mechanics Bank to its for
mer palmy state in public opinion.
Among the wings also great efforts are making for
the meeting on Wednesday night. We learn that
Philip Hone, Esq. is to be Chairman, and that vari-
Gus other respectable citizens to be associated
with him. Their purpose, we learn, is to oppose the
sub treasury scheme-to oppose any further expert
ments on the currency by the Government.
Thus are all the parties again in the fied-mad for
the onset. In the midst Of me violence Of the
batants it is difficult to keep in view the real ques
ton. What is il? 1t can be explained in a few
very few words The contest is about the currency.
The locofoeo party power want to reduce the cur
rency to a specie value-the wing party to MAINTAIN
it in the abundance oflS34, 35 and So The result Of
the locofoco policy wsuld be reduction of prices and
yalues-nvslvng in its consequences an entire revo-
lutsn in the ownership of property. limited cur
rency will make The permanent salaries Of the Office
holders double the value in 1888, and 49, that
the same salaries were in 1885 and SO. Mr.. Van
Burens s25 eco per in 1887 will then be worth
$50, 900 in 1882 On the other hand the mercantile
interest," which is principally whg, is for an album
dant currency. and change in values, prices, pro-
perty or fortunes. II Mr. Van Buren, succeeds in his
policy he will destroy the present fortunes, and half
the wealthy men and bankers IN the country yet left
standing.
This, we believe, Is the naked question in its real
merits, stripped ofa its verbiage and fanfaronade.-
In this position of men, prices, values, parties Mr..
Lorlard and many others perhaps the larger portion
of the Conservatives, keep aoof for the present. The
contest will be violent, and the importance Of the
Charter elections in April is thus manifest
TnE Halls OF JusTIcs in Centre street. on the
site Of the old Arsenal, are nearly completed. On
Saturday last we paid this splendid structure visit
Mr.. Wilson, the builder, very politely showed the
whole interior of the building II is perfectly unique.
Tkova - nathino m he comnarad IN ita r,chnasa