The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-02-19

Cincinnati, O. .................C. Tobey.
Wheelng,' va. 81. H. thompson q Oo'
new LeEdon, Conn., ....... u. l.. SPerry.
newport. .'.'...'.' .'.'''.'' f" m 'r'y
he Lsneet is 50 per annum in advance-or st cents
Tsingle number. LsrcEr OFricE ~ ASN STREET.
Position Of Farties In New York-Who's to
be Next Governors
Now that the Boz fever is somewhat abating-the
Boz ball past and gone and the Boz dinner soon to
be eaten up-the watchmen on the towers of Judah
will have leisure to look around them, to mark the
progress of events--to see the developments at
Westinghouse muse over the movements at Alba
ny, and be able to find time for reflection on the
present curious, confused, singular state Of public
affairs and future events.
he republic is indeed in a remarkable condition
rich in all the natural elements Of wealth-wlth
an annual production WORTH at present prices, six
teen hundred millions Of dollars-a population OF
II, OOO, 900 Of Christians, besides much cattle
and yet, by some means or other, Congress is in
active, and without money-many Of the States are
bankrupt-masses Of the people complain, and there
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 on the verge of great future, which is per-
fecty invisible or dimly seen," and through which
our public men are cropping almost in the dark.
With population of three or four millions CAPT.
tai stock worth eight hundred millions-we have a
public debt of nearly s25, 100000, depreciatng
State credit, number of public works uncomplet-
ed, more money daily wanting, and the two great
parties of democrats and wings quareling for the
ascendancy instead of uniting for the honor of the
State.
How long 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
has in tweRty years, changed and revoutonized the
United States, begun with De Witt Clinton, IN this
State. The Erie canal, projected by that wonder
full man, was the first Of series OF efforts which
have covered the country with glory and shame
with profit and repudi ation-that 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 ridcule the public works that now fill
the State with wealth De Witt Clinton in his day,
was no speculator-no theorist-no visionary states
man. He was man of facts and items, ilumina-
ted by a ray of genius from heaven itself. He de-
monstrated the practicabiity of these internal inn
provements, by prudence in execution-by an accu-
rate practical knowledge of details-and by an In
domtable perseverance in carrying them out into
full yiqor. and with the incest mathematical calcula
tons. BY these means he succeeded, against bitter
opposition. in completing the Erie canal, and almost
in revolutionizng the. age Since that period, the
whole country has followed his mighty impulses, but
without his prudence, without his tact, without his
his practical skill-withvut that light Of true genius,
which seldom leads. astray. In particular manner
has the State of New York Tor the last four years,
while protesting to be carrying out the policy OF
Clinton, actually departed more from his prudent
line of action, than his original antagonists headed
by General Root did in their early hostility TO his
policy This great and Populous State is covered
with debt of S25, 900, OOO-her public credit sunk
20 per cent; and both parties in Albany, instead or
chalking out any practical line Of policy, seem
only to be in pursuit Of personal Objects and TEN
porary expedients. Y
There must be a return to the practical good
sense of former times-there must be a movement
begun that will restore to New York the halcyon
days o. Clinton, when prudence and economy, en-.
terprse and practical skill marked every step, and
speculation and inflated credit were properly secuted
at, and put down.
From 1890 to 1896, the democrats increased the
banks, by passing bushels at that time-infated the
projected speculations Of all kinds,
that ended in their entire prostration both financially
and politically, in 1887. From 1888 to the present
time, the wings have only increased the evils Of
the day = wasted the public funds-increased
the public debt-doubled the number of banks
and now, between both parties, the great State
Of New York is thrown, like good vessel, high and
dry on shore, without any insurance on ship or
cargo.
What then is to he donc9 We will tell Light
hat segsr, and listen.
New men and old principles must be called into |
.ction. The calm, philosophical, practical, good
'ense that guided DE Witt Clinton and his conpa-
riots, must be revived in the public mind and in
bur public councils. by bringing forward fresh tim
Der from the great forest Of human nature. During
he last twelve years, both parties, democrats and
wings, have injured the character Of the state, and
conducted themselves. on badpnnciples, that have
led to the present condition Of affairs. Let rs have
l chasee--I let rs have new men-let Us 90 back to
former age. and get chip Of that same old bleck