The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-27
NEW York HERALD. WEDNESDAY. JANUARY 27. 1863

ton document clip through both Houses as quiet
ly az possible. As for the Northern democracy,
having found out the quality of Mr.. Buchanan,
they will fully comprehend the expediency of
sticking to him and to the text of the law. He
has no favors to ask and no treacheries to
fear and the consequences of this or thatde-
lection cannot re act upon him; for he is
done with all such things as Cincinnati Conven-
tions and Baltimore platforms
Best of ALL the tenacity and sagacity of the
President in this matter IRE at length fully vim
Dictated. 1t is the end that crowns all. Mr..
Walker, Mr.. Douglas and Governor Wise may
now, perhaps, be able to discover that they
abandoned the ship too soon and that while
they are laundering among the breakers, the
vessel which they supposed to be sinking, has
passed over them an0 is rounding to in the
harbor, with the steady old pilot at the wheel.
The graveyard Of Governors Reeder: Shannon,
Geary, Stanton and Walker is likely TO prove,
also, the cemetery of over hasty Kansas Presi-
Dental candidates, such as Douglas and Wise
We cay nothing of the Lord Protector" CAL
houn; for he seems to be equal to all emergen-
cies, and as difficult to keep under the matches
as Walker of Nicaragua or Billy Bowlega As
for Atchison and Stringfellow, Col. Titus and
Judge Cato, their qualifications as Southern
Territorial leaders are utterly eclipsed by the
great achievements of John Calhoun. Whobut
he could have made Kansas slave State and
free State by the same process?
Let us rejoice-North and South, East and
West, let us rejoice. The Kansas drama ap-
prosches its denouement; and it is not dark
and dismal tragedy, but a comedy as light and
Joseph Surface and all. A free State with q
slave State constitution may be a new thing
under the sum- but it is just the thing for Kan
sas, as the legal solution of popular sove-
reignty." Let the law take its course, and let
Mr. Douglas and Governor Wise prepare for
the philosophical retirement of Captain Tyler.
WHAT CAUSED THE REvUIsIoN?-The agonized
and much vexed inquiry-who struck Billy
Patterson bids fair to be superseded by the
newer and more interesting query-what caused
the late revulsion? 1t must be very consolatory
to the people who are interested in the solution
of this problem to perceive the ardor and sim
cerity with which the Courier and Enquirer
buckles to it, and, true to its nature, keeps in
curing steadiy-by what and how the late
revulsion was caused?
When the trouble first began. the Courier dis
covered that it was all caused by the wicked
and mischievous arts and wiles of the New
YORK HERALD and that all the wrath and indig-
nation of the community should be directed
against it. This discovery was duly communi-
Gated to the public, was re-echoed in many
quarters, and became for time a cardinal point
of faith with many persons. After a time, as
the revulsion wore on, the banks and the mer-
chants began to quarrel, and the ever watchful
Courier and Enquirer, set on the scent by some
one of the few score Of merchants who const-
tute its subscribers, instantly fell to inquiring
once more, and discovered that it was not the
HERALD after all, which had done the mischief,
but the banks. Thereupon there arose through
out the length and breadth of the land an out
cry against the banks so wild and fierce
that for time il seemed il would be
impossible to calm the tumult without sacrificing
a bank President or couple of cashiers The
C0wir and Enquirer led the onslaught; and had
some morning dawned on the dangling corpse Of
the chief officer of a leading bank-hanging
from the lamp post nearest to his house-no one
could have been surprised.
After time, however, tie banks suspended,
and the trouble was not erred. Then every
body, and the Courier, too, perceived that the
fault could not lie with them; and for time
our Contemporary ceased to inquire into the
cause OF the revulsion and to ratiocinate for the
public benefit The spell Of torpor, however,
was brief; returning calm restored animation,
and revived the propensity to inquire in our
venerable contemporary. The result Of its latest
inquiries and the very last discovery that it has
made on the subject of the cause of the revul-
sion was given in its yesterday issue, in which
IL states that the whole affair was caused by the
tariff and by the domination of the democratic
party. This settles the matter at last. II the
President and Cabinet had been wings and
General Webb had had a foreign mission, there
would have been no revulsion at all, and the
commerce and even the railroads would have
been still prospering like the green bay tree.
All If people had only known! Wonder if it's
too late now
CORPORATION CoRRuProx-SE1F-DEvEL
sENTs.-Mr. Conover's last communication to
the Common Council is an instructive docu-
ment II is intended as a reply to Mr.. Devlin's
statement, which was itself an answer to Mr.
Of sl,of IL &, tls.G