The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-02-04
Mr.. Buchanan's Administers tion-s' After Me
the Delaxe!''

at 25s.
Mr. Buchsnan's Administra ton" After Me
the Deluge!''
"After me-" said the fifteenth Louis, looking
from the splendors and corruptions of his Court
and the ominous internal quietude Of France to
the terrible tempest darkening the verge of the
horizon-"after me the delugew Adapting this
graphic, awful and sublime prophesy to the pc
culiar circumstances and exigencies of our own
time and our own country we may, perhaps
most fifty apply it to the administration of Mr.
Buchanan and to the perilous struggle for the
succession which will inevitably make the year
1860 most memorable one in the history of re-
publican institutions
With every days observations and develope-
ments. our opinion is sirens thened that as fac as
Mr.. Buchanan himself is concerned, he will have
peaceful, successful and prosperous admiaistra-
ton. He has nothing more 10 ask of his party
no second term to intrigue and huckster for-no
heir nor favorite to advance over the heads Of
other asprants for the succession; but having
secured the ultimatum of his wishes, he has no
thing more 10 do than to administer the duties Of
his high Office independently, fearlessly and
faithfully to the American people, leaving
the consequences to parties and politicians to
be provided for as they may come to pass. In
this view the different leaders and cliques of the
democratic party appear already to have disco
yered that the policy OF Submission to Mr. Blu
chanan is their true course, whatever may be
their preparations for the future. Threats and
,lOfe Of sp4ip iIo, mi
clique or that will be OF no avail against
a man who has secured all that he wants, and
VINO is the absolute master of his situation.
Hence the gratifying signs Of party acquescence
and submission on all sides, to President who
has nothing to sell and nothing to buy excepting
perhaps, the island of Cuha) This party subnis-
sion. however to Mr. Buchanan will be no bar
to the plots and inuigues Of party leaders and
sectional factions for the succession. In fact, the
very circumstance that the democratic nomina-
ton for 1860 will be left by Mr.. Buchanan an
entirely open question, will only result in enlarg
ing and emblttering the plots and counterplots,
the mining and undermining, of the different
fragments and aspirants of the democracy and
all other parties, for the sweepstakes Of the neX
Presidential election.
Granted, then, that Mr. Buchanan will give Us
good and peaceful administration, satisfactory
to the people and epdurable to the politicians
that he will quiet all internal territorial disorders
and silence all fears of external flibustering
in a dignifed and law abiding domes-
tic and foreign policy, why should We anticipate
the terrors of ga deluge" in 1860? Let us ex-
plain: upon the simple principle that great ex-
pansons are followed by great convulsions-that
inordinate mutations, political, financial or COM
mercial, are infallibly productive of violent ex-
plosons and all their extensive list of disasters We
are just now in the high career of financial and
commercial prosperity-our national, State and
corporation credits Of all the Union make the
sum Of three thousand millions Of dollars (S3,-
600 000, OO0) A pacific and conservative ad-
ministration will contribute vastly to enlarge this
credit basis Of our commercial and financial ope-
rations, including all sorts Of speculatons aud
adventures. Our present relations with EnglaId,
in China and Central America, (for example, are
suggestive, in themselves, Of the opening of
new field for the largest international jointstock
puDhV duu prNulc eLlcTpllscs.
Thus, under the peaceful auspices Of Mr.. Bu.
cbanans administration, the bubble Of spe,ula-
ton on both sides Of the Atlantic. will continue
to expand, rejecting TO all eyes, on all sides,
the brilliant hues Of the rainbow. But with the
first definite movements of the various sections,
factions and parties in 1850 for the succession.
the ominous thunder Of the impending hurricane
will be heard in the horizon, and a. If rolling
along under the ground. We see, already, that
as far as political parties are concerned, every
thing must be reorganized or every thing will
be in chaos in 1s60-we see that Mr.. Blu
chsnan's administration is not likely to be made
an Issue Of the ight-we see that there is no de-
mocraiic party, in a national sense-no republi-
can party-no American party but in each
confused mixing of discordant factions, which
cannot bold together four years longer. We See
that this everlasting Niger question overshadows
all others-tbat dsunion conventions are no
longer confined TO the South and from the pro-
ceedipgs of Congress upon the Oregon and Min
nesota bills il is easy TO discern that another
niger and sectional agitation, overwhelming
and sinking everything else, is before u.s. and will
surely come upon US like hurricane in 1850.
Then, with the existing discordant parties
broken up into hostile camps and sections,
We may expect half dozen Presidential
candidates in the field; and with three of
these thrown into the House Of Representatives
at Washington for an election, what will be the
result? The government may be shaken to its
foundations and We shall do well to escape a
total shipwrcck among the rocks and shoals of
abolition, secession, disunion and civil war.
That we shall escape q tremendous commercial
and financial revulsion we do not, we cannot,
believe-but that with the expiration of the adj
ministration of Mr. Buchanan another convulsion
far more ruinous than that OF 1887 will shake