The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-25

SrATr or TIE CouyTaT-PRosrEcTs rcR THE
PRRsrDENcY.-Public attention is rapidly with
drawing from the Mexican war, and concentra-
ting its strength either on the prospects held
outby Europe, or on the movements going on
within our own borders, looking to the Pfesi-
Dental election.
The treaty with Mexico has been adopted by
the Senate, and sent to that republic, in charge
of two commissioners We have acquired vast
new territory, at an expense of twenty millions
of dollars, besides debt of eighty or ninety
millions yet the finances of the country are in
very pro porous condition, and the credit OF
the government was never higher, even in a Pc
Rod of peace. The loan bill is passing through
Its last stages in the Senate, and will probably
pass, In spite of the opposition of Mr.. Webster,
who seems to have thrown himself into an awk-
ward position since he took ground against the
recent treaty, in secret session. This will put
funds for immediate use into the hands of the
treasurer. The volunteer bill, when it shall be
called up, will probably be negatived, arising
from the prospect Of the ratification of the treaty
with Mexico.
The Mexican war may yet furnish some of the
topics fer speakers in Congress; but We are dis
posed to think that in short time, the question
of the next Presidency, and the movements and
intrigues previous to the meeting of the two con-
ventions ofthe two partles-one in Baltimore on
the oath May, and the other IMP Philadelphia the
7th June-will occupy more attention than Next
can affairs, or even the prospect of a new repub-
lie in France.
Now, what is the position and prospect on this
point-the next Presidency! The two great par
ties have organized conventions to meet on the
oath of May, and the It'll of June. During
the past year. various popular movements
have been made in favor of bringing for
ward General Taylor, principally in the South
and Southwest similar movements have been
attempted in the Northern and Middle States,
but with far less success The great mass
of politicians and parties seem still to hang
to the convention, and will probably support their
respective nominations. 1t is true, that If the
popular Impulse is so great as to start General
Taylor as an independent candidate, he might
get some votes; but recent disclosures on mill
tary character, and the publication of the ''soup"
correspondence of military men, have rather
thrown sarcasm and ridicule over that useful
class of great men who fight better than they
write, throughout the whole country.
the strongest single Individual belonging to any
party, seems to be Mr.. Clay, who Is supported by
great body of the wings of the Northern and
Middle States, in spite of all other Influences
His prospects certainly look somewhat better
than they have done on any former OCCASION
The democratic party now IN power, will hold
convention in Baltimore; but there is a very seri-
Gus detection in their ranks, growing out OF the
movements Of the friends of Mr.. Van Buren, in the
State of New York, under the name OF the Wilmot
proviso. The Baltimore convention will be called
upon to re-nominate Mr.. Van Barren, who was
cheated four years ago. 1t is probable that he
will be rejected, and, of course, this will pro-
duce a serious detection In New York, and will
probably cause the vote of this State to be given
to the whig candidate, whatsoever he may be,
and the best chances of any one seem to be to-
Mr.. Clay. 1t will be curious and remarkable If
Mr.. Clay should, after all, be elected the mex.
President, In spite of the position he assumed
regarding the Mexican war; but the Mexican war
aud the feelings engendered by it, have lost in
huence since the treaty, and that influence is
diminishing every day.
The future movements of Congress will be d.
rected to influence the public mind, and to affect
the movements of the two conventions for the
nomination of candidates tor the Presidency
General Taylor's chances, heretofore somewhat
brilliant, have been diminishing of late, and Mr..
Clay's have been increasing. MIR. Van Bdren,
who is still considered a candidate, has little
chance, and the consequence is indicated, that
he and his friends of the Wilmot provso Sec
ton of the party, will be forced into opposition to
the democratic nomination, and this will cause
a serious detection in New York, probably suffi
Client to give the vote of this State to Mr.. Clay
This seems to be the condition of matters al
present; but politics are like bed of sand-the