New-York daily tribune., 1844-11-23
The Resui, of the Result.


bic, or committed to some dangerous error OF
policy calculated to work mischief to the Coun-
try. On the other hand, let a Napoleon or LOUIS
Philippe grasp the scep,re, and the general antci
patton of stability and prosperity induces buoy
ancy and advance in the Stock Market 1t Is no.
therefore, for the sske of SOCKS or OF those L.
terssed in stocks, that these indications a'e
mainly important; but because the fluctuations
of The Stock Market are IN this case closely
allied with the rise or fall of every thing else'
There is great deal Of absurd railing anu
peevishness in The Polk journals with regard 10
the undeniable consequences of their triumph
That Stocks do fall. thst Enterprise l' paraiyzeo'
and Business brought to stand, while Property
whose value depends on the continued progress
and prosperity Of the Country, is depressed ano
rendered unsalable-thcEe are facts winch VIII
not bend to the needs of faction. If the success
of Clay or Polk had been matte. OF indifference
10 Business then the bare termination OF the con-
test, with its uncertainties and distractions, would
have been followed by an advance OF prces
How different is the result, We need not say.
Now it answers no good purpose to rail at Ca
ptalists and Business men for their tlmldity.
Facts prove that lhc Encouragement is not con
fined to one party. If the Polk men of our City
believed their triumph would be auspicious to the
pecuniary interests of the Country, they could very
easily hold up Stocks and they uould doit. only
convince onc-fourth of onr Moneycd Men that
Stocks or Property will rise within few months,
and they would not be allowed to droop now
Few men allow their Politics 10 stand in the way
of their making money; and we never yet knew
one man to refuse for Political effect to buy Stocks
or Property to-day that he felt confident would
rise 10 morrow. Who ever did know the like
And yet we have heard Capitalists abused for
stopping the erection of Factories. Machine
.,-.-s, ssos by their neighhors who had shouted
themselves hoarse over the election of Polk and
Dallas as staggering blow to our Manufactur-
! ers Is not this tine extreme of inconsistency?
The vital truth is, that our whole intelligent
peo,Ie. no matter of what Politics, do clearly un.
dersand that the prosecution of the avowed pro
iects of Loco Focoism must lead to disastrous
commissions in Business. If the Protective fea-
lures d. the Tariff are destroyed, Labor must find
| diminished demand and reward; Business must
lanpuist; internal Improvements prove less ac-
tive a1d profitable; and our Currency, by the
abstraction Of Specie to pay for Foreign goods,
must boone contracted or unsound. II Annex.
alton pressed, we shall be involved in hoStili-
ties Nth Mexico, and perhaps not with her alone,
which viii cripple our Commerce and derange
tie Industrial machinery of the Country. And
the ub-Treasury scheme is TO be forced on
the Country, a Currency contraction and Busi-
ness >revulsion from this source alone are inevi-
table.
- But, apart from the specific projects Of evil
to which the coming Administration stands COM
mitted, there ia that ir the very spirit and att'-
tude of the triumphant party which is bitterly in
imical to Confidence and Prosperity. 1t is the
party of Social Anarchy. 1t has triumphed by
appealing to the worst feelings of the human
heart. The envy of Property by the destitute,
the hatred of Thrift by the prodigal, the discon-
tent with their position of the unfortunate-these
are the strings which have been fingered with
Satanic dexterity to defeat the Wings in our late
contest. The Rich against the Poor Down
with the Aristocrats Down with the bloody
British Bank Wings these and many like
them arc the war-cries which have animated, in
furiated the motley host mustered under the BAN
ners of Polk and Dales. The Poor have been
taught by the Ely Moores and Tom Nicholscs
of Loco Focoism to regard the Rich as their nat
ura enemies, and Wealth as the spoil OF Poverty
by Cunning. These are the cankerous wounds
inflicted on the body politic which cause it to reel
and totter-thesc are bloodr instructlnns' which.
-s.o puer says, 'oit return to plague tn invent
or If the means by which the victory has been
won, and the feelings which have been implanted
by the winners in the breasts of their instruments,
could all be eiaced to-day, perhaps the Business
of the Country might recover from the calami.
tous effects of MIR. Clay's defeat. AS it is, our
hopes of continued Prosperity are faint indeed.