The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-01-12

previous quotations. cargo OK common white
Southern wheat sold at Sc 22a Corn was about one
cent per bushel irmer. Mess pork, after the news,
ives held 12ac per barrel higher. There continued
to be good demand for pork, lard, beef and
bacon for export both to Great Britain and France
Cotton was unaffected by the news, which was
rather more favorable for that article than was ex
pected. Before the news 200 to 800 bales were sod
the market closing firm
The Question OF Stewards Re-Electi0n-Pre-
paratlons - Importance Of Defeating the
Arch-Agitator.
As the time for testing the strength Of w.
II. Seward in our new Legislature approaches,
the preparations and combinations on both
sides for the impending struggle begin to de-
velope themselves in their full proportions.
We detect them in various things among the
proceedings Of the Assembly; in the maneu-
wings Of Thurlow Weed and his understrappers
at Albany; in the continued presence Of Sc
ward himself at the Astor House, when, for
decency's sake, he should be at his pos. in
Washington; in the tendencies of the admins
ton free sellers; in the outside Seward conven-
ton of Know Nothings at Schenectady; and in
the extraordinary State Council Of the regular
ments and incidents tend to illustrate the i'm
portance attached to the coming contest be-
tween the new Seward disunion anti-slavery
alliance on the one hand, and the opposition
forces Of the Union and American conserve
tives on the other.
The question of the reelection of the arch
agitator lie test question in several important
aspects. 1t is o test between the popular
sentiment of loyalty to the Constitution and
the Union, and the new and seditious anti
slavery league for sectional agitation and
disunion-it is q test between the conservative
Webster and Fillmore wings Of the State, and
the whippeTsin of Seward; it is test between
the national democrats and the administration
trading free sellers and last, though not
least, it is test between the new American
national party called the Know Nothings, and
Seward and his Northern anti slavery league,
and his sectional and disunion programme for
the Presidency.
The brunt Of the battle devolves moon the
Know Noshings. The issue is Of greater i'm.
portance to them than have been the results of
all the recent elections put together. These
were but the preliminary skirmishes, establish
ing no very definite facts, except the workings
Of great popular revolution, seeking vent
through the most available breaches in the old
demoralized parties Of the day. True, the
Know Nothings in Pennsy lvania, Ohio, Indi-
ana, Michigan and elsewhere, have effectually
crushed out' the Cabinet spoils party in the
North-true, that in Massachusetts,, and to some
extent, also, in our late New York elections,
this new American organization have demon
strated their hostility and their power against
the Seward Holy alliance, and the abolition
societies in every shape and form but here,
upon this question Of Stewards re election, the
Know No:hings are brought to o distinct, def
mite, and direct issue Of victory or defeat, with
the arch-agitator himself
Hence this mastering Of the reserves on both
sides-hence the pipe laying of Weed aud his
assistants at Albany-hence this spurious Know
Nothing Seward convention at Schenectady
hence this protracted sojourn of Seward at the
Astor House ; and hence this extra gathering
in State Council of the bona .fde regular
Know Nothings in this city. If Seward is de-
feated, his political existence is practically
ended. He falls back into the political impo-
tence of Martin Van Buren-his career is
stopped-his sectional anti-slavery programme
for the succession is demolished, and the coast
lie clear in the North On the other hand, If
Seward is reelected, the Know Nothings will
not only have their work to do over again
here, but they will be materially damaged in
the South, by their failure meantime TO prove
in New York their power and their national
principles.
II is very probable that the success or defeat
Of Henry A. Wise in Virginia depends upon
the success or overthrow Of Seward at
this present session Of oar Legislature. virgi-
MIA is the citadel-the Sebastopol Of the Cabinet
spoils democracy of the South. Defeat Wise
as their candidate for Governor there, and they
may be fairly considered as vanqushed, from
Virginia to Texas The prestige which the
Know Nothings will certainly achieve as ma
tional party in the defeat of Seward, can hard
ly fail Of the best results in Virginia; while,
on the other hand, the triumph Of Seward will
unquestionably be used with effect by the Wise
coalition in maintaining the false accusation
that the Know Nothings Of this State are in the
league of the seditious demagogue Of Auburn.
To this end we may safely charge the spurious
Know Nothing asecmblage at Schenectady
and for the same object we are apprised that
the emissaries Of the administration and Of
Tammany Hall are counselling their partisans
at Albany to aid in the reelection of Seward.
The recent purchase of the Albany .qrgus for