The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-12-15

EuRoPE.-The Presidential election in the United
States is no longer matter Of mere losal interest.
The rapidly expanding power and resources OF this
great republicthe rapid increase Of its population
by the universal exodus from all the western ma
lions Of Europe-the tremendous advantages
which we possess over the trade manufactures, and
finances of England and France, in our immense
supplies of cotton and gold, have compelled those
powers at length to look with especial interest to
any prospective changes in the policy ofour govern
ment, foreign or domestic. Hence we find that the
political journals Of England and France already
turning their attention to the prospects of our ap
preaching Presidential election. And well they
may for in connection with the visit OF Kossuth TO
our shores, and the powerful sympathizng foreign
element of our people in the objects Of his mission to
say nothing Of the general current ofeeng in his be-
half the ensuing Presidential election will be one Of
immense importance not only to u.s. but to the civil
lied world. And if the projected explosion in
Europe transpires during the coming spring 1t is
impossible to estimate the effect which it may have
upon the pol:y Of the next administration. The
effect can only be measured by the drift of the
European revolution itself, and the ten thousand
contipgen cies which may influence the republican
sympaihies Of our people in the election, and the
policy which they may dictate to the government in
their SURFACES Should the anticipated coup fstsf of
the European republicans take place about the time
Of the meeting Of the Baltimore convention there can
be no question that 1t would give new shape to the
platform of the democratic party for the campaign
And the formidable event upon which this thing de-
ponds s by no means IN improbsbiEsy. Hence,
the particular i'm rance which the leading politi
cal journals Of Europe may well attach to our Pre-
sidential canvass for 1852.
The London ISSSs publishes Q long letter from
New York occasional correspondent" on this
momentous subject. Frem the tone Of the letter,
and its evident object Of playing into the HANDS Of
small politicians, We suspect 1t Is an emanstion
from the Central Literary Bureau, Of this city,
the Metropolitan Circle Of Correspondence, Ut
Washington. With SAVIOR Of fairness about It,
there is yet running through the whole production
the deliberate object of puff for Douglas, ct the
expense Of all plausibilties and probabilities. The
scope and style Of this learned letter smack Of the
quality Of the letters of Observer, in the Phta-
delpkia Ledge, AMI of "X," in the Baltimore Ss~,
all Of which have an object 10 serve, no doubt,
beyond the paltry q4m pro geo Of the publishers.
so We apprchend the writer to the London Twe
ia using tina, paper as . griDdstone, for upon no
clusions tina. the chances Of our forthcoming Pre-
fidential contest lie between Daniel Webster and
Sudge Douglas. According to all appearances, to
past history, Gnd cotemporsneoss political move
nssnts, to the -eorganzation Of parties, to party
principles, and sectional preferences and aec,rdrg
to oil the best lights before rs, Judge Douglas and
Me. Webster a-e utterly ozt of the question for
ls5c. The former is politically too yoxng-the lat
sa~ - Ia Al L..
TO earn the democratic nomiration-tLe other has
done 200 much for the wings.
The wings are 90 completely broken up, or
broker down. tina, the military glory G General
scott q the only ching that can galvsni1e them
into life again. ca the other side, such are tho
jealousiss Of the serthern democrats of Northern
sbolitiorisss, tina, !. is highly probable nothing
will reconcile them 20 the Baltimore CosFentiOn
except Southern man, Gen Butlsr, Of Kertu,ky,
for instance, al the dc ocratic candidate IA this
Tiev the contes, will be tight st; because while
Gen. Butler would be strongest In tbs South, Cen
Scott would be most popular among the free soilers
Of she North. The an.isavery element decided
.he election Of 1874, aud Of ass and The same be-
lance Of power h not 10 be overlooked in The coming
election. Cohesive pswer viii, however, be the
grea. Jower in the contest-"the cohesive power
q the public plunder- To tiis end, the most
available man will be the candidate either side
10 Ibis visw, Il appears 10 us that Douglas and
Wetsser have AZ fair prospect Of a nomination
as the editor Of the Lo.do~ nmo. Nons rcrross
The Gas CoETRACr- The Common Council. to-
Dgkt, vii make another desperate attempt 70 sadie
.bs tar raying community by renewal Of the gas
,optcact 10 the New York Gaslight Comoany The |