The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-25

extent at prices given In another column Corn was
rather frmer, but without change Of importance in
prices Pork active at the recent reduction in
prices, with sales Of at SIC 30, and Of primo ct
$l3 rs $l3 49, Sugars were quite active and firm, and
the sales embraced about 2O7o hhds rates given in
another place. Coffee firm and quiet. Freight en-
gagements were moderate and rates unchanged
The Political Issues and Political Parties OF
the Day-The Next Congress and the Next
Presidency.
Since the year 1924, wien the old pre- exist
ing republican and federal parties had melted
away and the loose materials thereof were
divided upon four different candidates for the
Presidency-Jackson, Adams, Crawford and
Clsy-we have had no other such example of
the general Generalization, disintegration and
confusion of political parties and factions as
that Of the present day. But there is wonder
full difference between the causes which culmi-
mated in the scrub race of 1924 and the causes
which threaten another scrub race in 1860
The old federal and republican parties disap-
peared under President Monroe's "era of good
feeling" the effect OF which was to make us
"all federalists and all republicans" But 1t
*.
passions aud prejudices, of bigotry and fanati-
cism that has brought about our existing party
discords and political confusion.
In this connection, the first decisive result
Of the slavery agitation was the extinction
Of the whig party in 1852. 1t had gone too
far in the worship Of the false gods, of
false negro philanthropy, and 1t went
10 a in caa nd fba ind
Of an indignant people, never to rise again. But
in 1856 it was only the accidental division of
the opposition forces which saved the democracy
from absolute humiliation, on account of their
desperate experiment on the Southern side of
the slavery question, with that tremendous
budget of party mutiny, rebellion, factious,
fighting, and broken heads and broken bones
the as-Nebraska bill. The instruments of
discord, treachery and destruction which were
thus turned loose In the democratic camp, have
not been quoted by the happy chance of Mr..
Bucbanan's election. On the contrary, in spite
Of all the well intended efforts of the ablest and
most consistent and conservative democratic
President and Cabinet which we have had for
many years, in behalf Of peace, order and union
in the party camp, the democracy were never In
a more battered and shattered, ragged, rebel
lious and disorganized condition than they are
this very day.
A half dozen disaffected, ambitious, I'M
scrupulous and reckless sectional and factous
leaders in Congress have done all they could
do to crush the administration and the party
into the dust; and though they have signally
failed against the administration, they have
done a world of mischief TO their party, which
came cut Of the campaign of 1856 so crippled
and exhausted as scarcely to be able to stand
upon its legs. The careful nursing undertaken
by Mr. Buchanan might soon have restored Il to
its wonted strength; but such Congressional
quack doctors as Douglas, Toombs, Harris,
Montgomery and others, have left IL as feeble as
poor consumptive after six months Of torture
and starvation at a bran bread water cure.
And now what do we see! The opposition
forces, hopeful and exulting, rallying, here and
there and everywhere, for the approaching
elections for the next Congress; while from the
broken and dispirited rank and file of the de.
mocracy we sec only the feeble defensive move
ments Of a disorganized retreating army.
What, then, is the prospect for the next Con.
gress and the next Presidency In regard 10
the next Congress, the opposition, from all
existing indications, have every reason TO count
upon a majority In the House. From New York
TO Illinois the Douglas disaffection has left its
mark, and will be felt by the democracy in
every Congressional district Superadded TO
this difficulty will be the drawback of the adj
ministration expenditures. We have shown re-
peatedly that Mr.. Buchanan is not responsible
for these expenditures, deficiencies, loans and
Treasury notes, but that they were in part the
legacies Of bis predecessors, and partly the in
evitable consequences Of the late crushing finan-
cial revuIsion. We have shown that this revu-
sion has, Of itself, caused a reduction of the
revenues from customs Of full twenty Eve mil
lions year, and that thus the deficiencies OF
the Treasury for the expiring fiscal year, and
the ensuing fiscal year, will cover the entire
amount Of the twenty millions of Treasury notes
and the loan Of twenty millions required of the
late session Of Congress
But while the administration can thus plead
the justification Of legacies and public calamities
for which IL is in no way responsible, we know,
from experience, that IL is almost impossible,
among -four or FIVE millions u voters, TO separate