The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-01-26

little practical utility. Diamonds, If ~ plenti-
full as common pebbles. would be as valueless.
Let the gold basis, then, of the worlds currency
be increased beyond the proper aggregate sup
ply and it must come down. or al other things,
labor included, must rise with it,
But all this soptistry will no; do. The gold
of California and Australia has been turned up
just in the nick Of time. 1t was waited as ac-
tive capital to develope the immense resources
of our vast country. Those resources are now
in rapid course of development. and the field
for labor and enterprise is daily enlarged with
the extension Of our railroads through the inte-
rior Nor until the full measure Of our internal
riches are brought into the market will the
activity of Wall street be suspended. Nay.
more with railroad TO the Pacific. the city of
New York will take another and q mightier
start in the march to the commercial supre-
macy of the globe. Nor will the supplies of
gold from the Pacific and the antipodes dimin-
sh its standard value materially till all the
waste places Of the earth are penetrated, and
their resources made tributary to civilized peo-
pie and the general traffic of mankind. New
York city must so onward and with her mighty
progress Wall street will continue active.
What effect the enforcement of the Monroe doc
trinc, and the work Of annexation, may have
upon the quiet activity of Wall street. time will
soon determine. But nothing short of dissO-
luton of the Union can arrest the manifest
destiny of New York city; and with it's con-
tinuing progress. we must even submit to the
supremacy Of the bulls of Wall street. Onward!
is the word.
NEW MODE OF FILLING THE PUBLIC Of
r1cEs.-7A new mode Of saving the President
the trouble and annoyance of selecting fit and
proper persons to FIJI the offices vacated by the
outgoing incumbents throughout the Union,
has just been initiated and put into practical
operation in various quarters The old and
present method of discharging this onerous por-
ton of the Presidents earliest duties was
quite too roundabout and troublesome to suit
the utilitaran principles of the universal Yam
kee nation. The style savored too strongly of
'old fogysm," to be palatable to the go-a-head
genius of the country; and. besides, there was no
reason why the people should not have the first
voice in the participation OF the spoils There
fore, the system Of procuring letters OF recon-
mendation. and signatures ofpoiitieians. attest
ing the qualification Of the candidate for the
coveted Office has received a blow which will
probably prove to be it's coup de grace.
We were first made cognizant OF the new and
improved method to which we allude. by reading,
few days since, the report of the proceedings
of a political party somewhere out in Ohio
who in the coolest and most systematic manner
possible, went to work to cast their votes for
the various candidates put in nomination by
themselves for the Postmastership and Collector
ship. The balloting being completed. the sue
cessful candidate received certificate of his
i.s",'. = - =" the post, on presentation of
which to the Executive ne IVA. . oon6dont no
surance that he will be most courteo...,, ro-
ceiyed and legally installed in the Office t.,
which the suffrages Of his party had elected
him. This is decidedly one of the coolest and
quietest manifestations Of the power of the
sovereign people that we have seen for some
time; and it's imitation in other quarters indi-
Gates how much it harmonizes with the general
views on the great and important subject of an
equable division.
We have said that this novel method has found
admirers and imtators Let us verify this
statement, by presenting to the public the fol-
lowing curt note, received yesterday at the
Office of the HERALD. from Oswego. 10 this
State -
OswEG0, Jan. 25, 1853.
TO THE EDITOR OF THE NEW YORK HERALD
SR-The democrats OF OswegO ballOtted for Col
lector Of Customs and Postmaster, Saturday, 22d
inst, with the following result
POstmaster-Samuel r. Beardsey 900
sumner.
Majority for Beardsley. Observation-Disclosures. q
meeting for Collector Of Customs It was the largest
gathering OF the party ever held in this city.
DEMocRAr.
We presume that General Pierce will view
with much favor this spirited abnegation of
custom which, as would seem, is now more
honored in the breach than the observance -
What is any President expected to know about
the peculiar talents, for office, Of individuals
personally unacquainted with him? The club
rooms are the places to regulate all these little
affairs, and here they will be managed in q |
mastery style. The President has nothing /
more to do except to 60 through the formalty |
OF ratifying the appointments made by the poll |
ticians. Therefore, the first official act of his. |
we presume, will be to gazette Mr.. Samuel R.
Beardsley to the Office Of Postmaster, and Mr..
}. b. Bentley to that Of Collector of Customs in
Oswego and do the same with the philosophers
elected in Ohio
Now is the time for Tammany Hall to dispose
OF all the vacant places in this State. Let the
Empire Club sound the rappel this evening-let
the soft and hard shells, hunkers aud barnburn-
ers meet in their strength, in the Old Wigwam,
and proceed to divide the spells by ballot con-
lident that under the new mode whatever they
DO and whomeycr they elect, shall be approved
Of and confirmed by the President To the
work, gentlemen the least delay may be dam
rnrone and m-ieloIn loo n, ,rinornna nn4ian