The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-12-30
NEW YORK HERALD.
Congress In Motion mt last.

IN the House OF Representatives, purportng 10 be
discussion on the bankrupt law; but IN reality IL
only an agitation of the next Presidency, and the
manufacturing Of public opinion on that important
subject.
Two speeches have only been made on this sub
iecl as yet ; the first by the Hon Mr.. Arned OF
Tennessee, leader the part of the whigs and the
other by the Hon. c. Gushing of Massachusetts, the
leader on the part of the administration.
Mr.. Arnold, in the accurate verbatim report which
we gave yesterday, is man of strong sense, power
full feeling, original eloquence-and treats Captain
Tyler, Daniel Webster Noah Webster, and Lind
ley Murray, and other statesmen and gramma-
rlans, with equal contempt. He is an orator OF
the Crockett school, and is very effective among
the people OF his district Mr. Cushing is a differ
ent sort OF animal. Mr. Gushing appears TO be one
of the most cam philosophical, comprehensive, ac-
curate, and effective speakers in the House of
Representatives, in Congress. His speech on the
present position of parties-the next Presidency
ana the power possessed by the Executive to affect
the succession, is the best and most accurate in the
philosophy OF politics that we have read in many
day.
The Presidential campaign is now opened, both in
and out oil Congreas-in the nswspapers-ln pub
lie meetinss--in State Legislatures-and IN both
ends OF the Capitol. The presidency is the great,
absorbing, exciting, everything Question of this re-
pubc-and all other questions are subordinate TO it,
every point oview. On this question: the vast mass
OF nearly 5000 900 voters organized into two large
camps, and neither abolition, tariff, banks, bank
ruptcy, public lands, can ever create but an in
ferior and very subordinate excitement All State
rights, local excitements, geographical hubbubs
or separate social efforts, are entirely merged in the
and mighty nj the eytn do
The great tendency of the age, in the movements of
our social and political system is, therefore, to CEN
traizaon, and the constant contest for the presi-
dency is the cause of this invarable movement.
Neither can isolated efforts, from any quarter, pre-
vent the natural tendency in such direction
In this view of the philosophical action of politi-
cal society in this country, we entirely agree with
Mr.. Cushing that the administration is an element
of vast power and controlling influence over the
struggles for the next presidency. The President
and his administration cannot continue themselves
IN power, by reelection of the former, without an
active concurrence with one of the two parties; but
IN the balanced condition of these separate Masses
the Executive possesses enough political and moral
power to defeat either the wing or the democratic
candidate, as they and their friends may deserve
from the hands of the former. There can be no
doubt OF this fact-and there can be as little doubt
that the President and his cabinet have made sud-
den halt in removals. appointments, vetoes, and other
movements, in order to gather up force and TO take
such position, at the proper time, will make the
presidential candidates feel the full force of their
position. The organs and leaders of the two factions
may create a great noise, and pour out prodigous
quantity of exclamation-but it will be of no use
they must submit. The "Washington Globe" has
already taken the alarm-but that will only hasten
the avalanche that will fall upon his 'house" if it
does not behave itself in future.
We like to see these complicated conflicts and
we don't care how many Kilkenny cats eat cut up
in the fight.
LORD MoRrETH ON SLAvERY.-We give in this
days paper very curious letter on American sla
very, written by Lord Morpeth, TO an abolition ia
hatic in Boston, and first published in an annual in
that CITY
This letter presents the most curious tissue of fam
faronade that we read. The application of
the term "chivalry," to the abolition mania, re-
minds us Of the absurd and ludicrous passion among
the negroes for the high sounding classical names
of Cato Caesar, Pompey, and Napoleon, to designate
as many bandy-legged, thick-lipped, ignorant mg-
gers. In its original Specification, the spirit of CHI
vary was the impulse that liberated lovely maidens
from giants and griffins-now British nobleman,
with ludicrous absurdity on parallel with negro
intellect classes chvary among those impulses that
would, in the long run, tend to make the Southern
States second ST. Domingo in horrors, idleness,
ignorance and folly. Ii is very levdent that Lord
Morpeth is afflicted with the same singular mental
obliquiy which thinks it the highest specimen OF
British liberty TO keep down the millions ofthe white
slaves in England, to starve in factories or die in
mines, but the most horrible sample of American
e
work. short hours, fine climate, and plenty 10 eat
laughing dancing, singing, and growing fat as but
ter.
Lord Morpeth has travelled through England anu
the United States to little purpose if he cannot make
better discrimination on these simple and palpable
facts, seen in both countries.
CHEAP LrrERATuRE--MAMMorH WEEKLYs-
ANOTHER CURIOUS CASE IN BANKRUPTCY
give to-day another very curious in Bankruptcy
1t is that of Mr. James G.. Wilson, one of the
publishers of the Brother Jonathan" weekly
mammoth paper and the founder of the cheap ltera-
qualifications of the present day.
His schedule, OF balance sheet, does not indicate
that the business of publishing cheap literature is
the most proftable-indeed, the very reverse. We
suppose that Mr. Wilson has managed his publica
ton business well as any other in the same line
yet he has by no means made fortune by the en-
terpnse. Yet during his of a few years past
we were led TO believe by his advertisements, pufs
and firstrate notices" that he had sold mmens,
quantities of Bulwers and Bozs works all for shil
ling or sixpence each. Sometimes were inform
ed that the sales Of one work equal to 80, 0O(
copies, and the profits immense-n fact, the money
was as plenty water, and great deal more So
Alas alas! what " Flemish account all thu
after, that publishing cheap literature is to make
any printer rich Cresus. All that is left TO
poor Wilson is few bad debts, a couple OF Bibles
apdc 9th ho1, Oh,