The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-18

day at two O'clock without having effected any
thing.
The cotton market firm yesterday; the sales EN-
braced about oeo bales closing about l2c for mid
cing upands. The sales OF sugars embraced abou
iZoo nncs Cuba muscovado, 100 DO Porto Rico, t0
boxes at prices given in another c,u nm The
feeling in flour 70 great extent subsidized, and tn,
market closed at decline OF about &C. q loo per Dbl
while sales were less active Wheat sold freely at full
prices Tor good 70 prime lets, while inferior common
grades were dull and irregular. Corn WAS in fa,
oemaro but without change Of moment In prices Porl
was Gull and Gales limited for mess SIC IS was bid and
Sl7 asked, with small sales Of prime Coffee wa
steady The cargo Of Rio. per Anna (SOle bsgs) wa.
sod At p t.; 800 do Iaguyara at Ike; 800 DO s.
Domingo, for export, at S1sc. Freighs were rather
more active, without charge Of moment in rates.
The Last and the Next Presidential Election
Party Conventions vs.. Pabllc Opinion.
While our democratic journals as yet scarce
ly speak above whisper upon the great pro-
blem of the Presidential succession. our opposi-
ton contemporaries are agitating the subject in
spirit Of earnestness and with an air of conf.
dence, which are perfectly refreshing. The
I'fbtme, for example, concludes late general
article upon the subject with the expression of
positively Joyful hopes" that 1860 will make
the downward progress of slavery and the slave
power ''piain to many who now disbelieve it."
But the gravamen Of this hopeful review of
The field appears to rest upon the lottery
chances OF convention of party wire workers,
pipelayers, and vagabond Office seekers Thus
we are told that the Republican Convention of
1856 framed and adopted "a truly republican
platform" and nominated John C. Fremont for
President, and William l.. Dayton for Vice
President: and then, after recapitulation of
the causes of Fremont's defeat, our submissive
cotemporaIy says Whether Col Fremont or
another shall lead us IN the contest of
1850, il is not possible that he should
be inmeasureably, recklessly, atrociously de-
famed as was our standard bearer in
1885, We infer, from all this, that the
Tribune has deliberately resolved to rest upon
its OAR, and patiently waA to take up the part
of second fiddle to another National Convention
Of party loafers and beggarly gambling Office
seekers. But, as an Independent journal, reflect
ing the sentiments of the independent masses of
the people, the NEW YORK HERALD fatty repu-
dates this debasing policy of playing second
fiddle to any conclavc Of Office gamblers and
spoils bcggars of any party whatsoever.
II has been said Of the late Col. Benton that
on one occasion he congratulated himself upon
the fact that there were three infamous things
Of which he had never been guilty; "and, said
said he, beginning with the most Infamous,
place them in the order Of their infamy. Ihave
never been within the doors of a national party
convention /; nor inside of a gambling hell, nor
Of house Of ill-fame.r This opinion of our
national party conventions was doubtless the
result Of long and careful observation of their
elements and their fruits. We all know, too.
that from the standpoint of clear and honest
judgment, Mr.. Calhoun looked upon these party
assemblages Of Office and spoils jobbing politi-
clans with supreme contempt, and would never
have anything TO do with their dirty work of
compromising Presidential ticket or platform.
Without going further back we must, in this
connection, remind the philosophers of the
Tribune that the nomination Of Fremont by the
the republican party of 1856 was not the work
Of the Philadelphia Convention. We are quite
sure that a majority Of that Convention, in the
outset, were opposed to Fremont; and that IL
was the pressure Of public opinion, as reflected
through the Independent movements Of the peo-
pie and the Independent press in behalf Of
Fremont, that compelled those Philadelphia
Office and spoils gamblers to adopt him. Had
there been no Philadelphia Convention at ell,
il is possible there would have been less of that
treachery among the Seward managers, through
which Fremont in the Pennsylvania October
election, lost the main battle. SO with regard
1t was a collection Of partisan Office seekers and
hungry vagabonds whose principles were the
seven party principles laid down by John Ran
dolph-"the five loaves and the two fishes"
The drift OF public opinion, the decentralization
Of the democracy brought about by Douglas
and Pierce, and the convincing facts aud argu-
ments promulgated through the independent
prees, not emitting the NEw York HERALD. had
proved that Mr.. Buchanans nomination was
the zinc qUo non to the democratic party.
AS for the Cincinnati platform and the Phila-
dclphia republican platform had they been
written aud printed In Chinese characters.
without translation, they would have served
their purpose quite as well as the double dealing
or equivocal resolutions on either side. The
principles Of the two parties were known and
interpreted by their acts respectively; and thus
between Mr.. Buchanan aud Colonel Fremont
the public opinion OF the Union was divided
upon the great Kansas issue and the contin-
gcncies which ii involved-pro-slavery or no
slavery, union or disunion-the Fillmore flibus-
tiers casting the balance Of power.
We believe that the Kansas policy Of Colonel