The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-10-07
Our Boston Correspondence.


Our Boston Correspondence.
BosToN, October 3, 1851.
Afiddlcser Senatorial Nominations The Temperance
Convention Position of the OIL =" Lia1s''-State
of the Business WmM-Bank Failures Expect
cd, &c.
The wings of Middlesex county held their con-
vention on the 30th ult, and nominated, as their
candidates for Senator'S, .Messrs. Huntington, of
Lowell Boynton, of Groton Cham erlain, of NAL
den; Train, OF birmingham; Ru.ter, of Waltham;
and Fairbanks, Of Charlestown. This is a very
fair ticket, and, in point of talent, is beyond the
average of such as have been nomin ated for some
years past. 1t will receive some ten thousand
votes or Whereabouts, being rather more than that
Of last year. but it will fail of an election by the
people, though what will be its ultimate fate no
man can say. In 1850 the lowest coalition Senar
torial candidate $50 votes ahead of the highest
wing candidate, and probably there will not be
much difference the present year. The tenn perance
movement, should it come to anything in politics,
will have something to do with settling the charac
ter of the Middlesex delegation.
Much to the surprise of most people, the conven-
tion was rather dull affair. There was none Of
that sold whig spirit" peroeptble, with which the
the coalition have been threatened. There was
some delay in making the nominations; where
upon one of the delegates bluntly told his fellow.
members that they were wasting time to no
purpose, for it was not probable that one
Of the persons whom they should nominate
would be elected-which remark called forth
no token Of disapprobation. The wings have been
guilty of no small error in thus allo wing their Cd.
ponents to start with the advantage that springs
from the apparent certainty of success, notwith-
cfn tkat. 1akn
State and all the counties, -always excepting Wor-
cester, to the redemption of which not even whig
heroism SO much as aspires. The wings now talk
OF "mass meeting" in Middlesex; but as their
opponents would, In that case, also held one, and
have Horace Mann to speak, the more prudent of
their number are for keeping quiet, and working in
q moro peaceable manner.
=, The convention passed resolution approving Of
the course of the national administration. Some
neutrality-suspicious. majority Of the whole con-
vention-were DESTROYS OF giving the whole subject
the goby, but one of the delegates told them that
it was certain the administration was a whig adj
ministration, and that they were themselves wings
and the conclusion was of the inevitable Sort
The conduct of the convention deserves praise on
the score of bodness and consistency, but 1t will not
be likely to aid the wing party much in this quar-
ter, for the number of wings who detest the Fugi-
tive Slave law is by no means small, and the ad-
ministrstion has come to be thoroughly identified
with that Law.
The democratic and free soil county conventions
met at Concord on the day after the wings had per
formed their work. The result of their delibera-
lions was the nomination of the following ticket,
grea. deal of unanmity:-Henry Wilson, of Ma
tick F. }; Joseph Fuller, Of birmingham (dem.);
Samuel E. Sewell, Of Stoneham Of. 81; lthamar
w. Beard, Of Lowell (dem) }; Anson Burlingame, of
Concord, (dem.) The conventions Of the coalition
lists are stated to have been very large. OF the
election of this ticket doubt seems to be enter
tanned by its supporters but it remains to be seen
W Wi ha tha affa of fha onfia nf tha
rance Convention, which met on Wednesday at
Worcester, on the fortunes of our political parties
That convention did not pas, resolution in favor
of questioning all candidates for elective Offices for
the purpose Of supporting no man who is not in fa
yor of adopting the Maine law in Massachusetts,.
Should the movement, however, come to anything,
the government would seem bound to 60 back into
wing hands; but the Maine law would not then be
passed. for would not be enforced in this city, or
in any other large place. except at the risk of blood
shed. The wings, who have the greatest interest
ing of it, their neighbours laugh at the idss Of the
Maine law being adopted here. They could not
carry tins city, whiggish as it is, if their legislative
candidates were to announce their intention to vote
for such law, In the event of their election. Those
six thousand bottles Of champagne would haunt the
whig government that should dare to turn to the
total abstinence side. They are kind Of spirits
that are not easily laid. At the same time the
wings are prepared to take such assistance as the
temperance felix's may be preparing to give them,
according to the custom Of politicians in such cases
made and provided. One gentleman, understand,
pledged Mr.; Winthrop to the support Of a law
like that of Maine saying, that he would sign it il
II were passed. whereat some Of our city wings are
idignant, and declare that Mr.. Winthrop would do
nothing Of the kind.
During the next fortnight, the nominations for
Senators will be completed, and the campaign will
be warmly carried on. The :" old line democrats
do not intend to make any formal opposition to the
relied upon to lead them, is utterly opposed to the
return Of the wings to power, and will contend
against any such result with the same pertnacity
that marked his course in the Sumner Senatorial
contest. Mr. Psrmenter, whose influence has al
ways been something more than respectable, ha,
given the opinion that 1t would be idle to oppose
the coalition. Mr.. rockingham, who stood side
by side with e. Cushing, in opposing Mr.. SUM
National Convention, and by the same men who,
to very great extent, nominated the Mddlesex
coalition Senatorial t,ket, and he might have been
nominated for the Senate had he wished for the
place.
We are in the midst of pccuniary crisis, and
one which bids fair to make smashing work before
the clouds shall have been blown away. For long
time men have been paying the most exorbitant
rates for loans in the street, the banks supplying
the funds for the shavers, and at the same time
vowing by the beard oil st. Mammon that they
had not dollar to spare; but these loans were
mostly made to men Of not the very first credit,
people believed that the pinch was but Of tempo
rary character Last Saturday, however, one Of
our wealthiest merchants paid two per cent month
LOT lOon Ol -lz,UUU, ana tnls mas caused all the
responsibilities to rub their eyes, and to look about
them very sharp, to see II there are any other in
dicatons Of the approach Of the day Of Judgment.
The gentleman alluded to is Of those fortunate
individuals who find the world n sort OF Tom lid
ler's ground, on which to pick up gold and silver,
and who probably never before paid above one half
Of one per cent month in his life, for money by
myriads of dollars. Now he feels the pressure Of
the sews, and has to pay his share Of the cost Of
having that pleasant operation put on-from which
fact you may infer how deusedly hard up our great
men are "about these days" Report says that
some Of our banks are In most shaky condition;
and that If they do not smash ups 1t win only be at
sacrif ,es which will the quotations IL their
stocks to be at very low figure next year, and for
s,ne time thereafter. The reason why the solyency
Of The bank rot relied upon,is the fact that their
funds have, in many instances, been loaned az high
rates through the hands of shaving brokers; and
the result of there negotiations is In fair way to
prove the truth OF the old saying, that bad security
and high interest almos. invariably 60 together.