The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-02-18

baby reacl.-Boston next Monday. and we shall re-
ceiye her news on Tuesday In the meantime, how
ever. the North America or Hendrick Hudson, or
Roscius, may arrive with intelligence TO the 7th,
10th, and 18th ult. And perchance we may gel
news by the way of the West Indies.
Position OF Parties In New York-Who's to
be Next Governor.
Now ,ha, the Boz fever is somewhat abating-the
Boz ball pas. and gone and the Boz dinner soon to
be eaten up--the watchmen in the towers Of Judah
win have leisure to look around them, to mark the
progress OF events-to see the developments at
NY and be able TO find time for reflection on the
present curious, confused, singular state Of public
affairs and future events
The republic is indeed in a remarkable condition
rich in all the natural elements of weath-with
an annual production worth, at present prices, six
teen hundred millions of doars-a population of
100000 of Christians, besides much cattle
and yet, by some means or other, Congress is In
active, and without money-many Of the States
banlrupt-masses Of the people complain, and there
is such singular mixture Of blessings and bad feel.
ings that every thing would seem to 60 right, and
yet many things 60 wrong.
In this great and wonderful State OF New York
we are the verge of great future, which is per-
fectly invisible or "dimly seen" and through which
our public men are cropping almost in the dark.
With population of three four n,illions-a CAPT.
tai stock worth eight hundred millons-we have
public deb: of nearly $25. 100000, dePSeciating
State credit, number of public works uncomplet-
parties OF democrats and wings quarreliug for the
ascendarcy, instead of uniting for the honor of the
State
How long is this state Of things TO last Is there
no remedy Let US lock at the map Of the past.
The great movement of the present age which
hasl twenty years, changed and revolulionized the
United States, begun with De Witt Clinton, in this
State. The Erie canal, projected by that wonder
fu man, was the frs, of series OF efforts which
have covered the country with glory and shame
with profit and repudI a;ion-lha now marks the
character OF the times with such varying hues For
many years, powerful party in this State opposed
these vast improvements-and long attempted to
cover with -idicule the pubic works that now fill
the State with wealth. De Witt Clinton, in his day,
was no speculator-ao theorst-no visionary states
man. lie was man of facts and items, illumna-
ted by ray OF genius from heaven itself. He de-
monstra.ed the practcabillty OF these internal I'M
provemen,s, by prudence in execution-by an accu-
rate prac,ical knowle dye of deails-and by an in
domtable perseverance in carrying them out into
full vigor, and the incest mathematical calculations
By these means he succeeded, against bitter oppo
stion, in completing the Erie canal, and almost in
revolutionzin. the age. Since that period, the
whole county has followed his mighty impulses, but
withou, his providence, without his tact, without his
his practical skill-without that light of true genius,
which seldom leads as,rey. 10 particular manner
has the State of New York for the last four years,
while protesting TO be carrying out the policy oil
Clinton, actually departed more from his prudent
fine of action, ihan his original antagonists headed
by General Root did in their early hostility to his
policy. This great and rpepulous State is covered
with debt Of So, 900 0OO-her public credi, sunk
- per ceai; and both parties ia Albany, instead OF
chalking oai any practical line of policy, seem
only to be in pursuit of personal objects, and TEN
porary expcdiens.
There must be a return 10 the practical good
sense OF ioEmss ,imes-there must be a movement
begun tia, viii restore to New York the halcyon
days o. Citation, whes prudence and economy, en-.
terprse and practical skill marked every STEP and
speculation and inflated credit were properly secuted
at, and pu. down.
From 1880 TO 1886, the democrats increased the
banks, by passing bushels al the time-nfa,ed the
curency-and projected speculations Of all kinds,
{ hat ended in their entire prosraon, both financially
and politically, in lSs7. From ISIS to the presen,
time, the wings have only increased the evils of
the day wasted the public funds-increasId
the public debt-doub,cd the number of banks
and now, between both parties, th- great State
of New Yors is thrown, like good vessel, high and
dry on shore, wthou, any insurance on vessel OF
cargo
Wha, then is to he donel We will tell. Light
that segar, and lsten
New msn and old principles must be called il 10
action Tbs calm, philosophical, practical, good
sense that guided De Witt Clinton and his coslra
triots, mus; be revived in the public mind and in
our public councils. by bringing forward fresh tiu-
Der from the great forest of human nature Dining
he last twelve years, both parties, democrats end