The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-16

ment Especially should inquiry be instituted
in every case where there is ground for suspect
ing that the fraud has taken the shape Of
breach of trust-tbat the stockholders In any
concern have been robbed by its directors
The very name of inquiry will at onoe call to
every mind the Ohio Life and Trust Company.
Of all the concerns which broke last year this
was the one which did the most mischief this
was the one whose ruin was the most mysteri-
ous; this is the one about whose catastrophe tho
least has since been confessed If we are to
have any inquiries at all, this Ohio Life and
Trust should be overhauled, and every officer
connected forced to tell the truth.
The Victories of the Adminlstrasaon-Cel
tor Schsll's CsnArnasisn.
On the last night of the late session Of Con-
grees the nominations of Augustus Schen a.
Collector and George N. Sanders as Navy Agent
of the port of New York were confirmed
the first by vote of 81 to 7, and the second by
vote of 80 to 9.
The result, in the case of Mr.. Schell particu-
larly, is doubtless somewhat surprising to the
''unterrifed democracy" of this bailiwick, con-
sidering that, from the first to the last day Of
the session, he remained suspended, like Ma
hornets coffin, between heaven and earth. But
it is the end that crowns all; and the actual
vote elbows most forcibly the folly and the
feebleness of the terrific factious conspiracy, in
Tammany Hall and in Congress, organized for
the purpose of ousting Mr.. Schen q Ia Judge
Bronson. But the most important develope-
ment in connection with this and other appoint
ments of Mr.. Buchanan and in reference to the
leading measures of his administration, is the
disclosure of the moral power which may be
welded by firm and resOlute President over
the sections, factions, cliques and mutineers of
demoralized and disorganized party in Con-
gress.
For the first time since the days of General
Jackson we have man in the White House who
has proved himself the positive master of
his situation. He is the actual, undeniable
head of his administration, and as President
of the United States he has no notion of sink
ing into any subordinate capacity. He makes
his appointments and adheres to them; he lays
down his foreign and domestic measures of le-
parent difficulties from which vacillating
man, like Pierce, or an accommodating man,
like Fillmore, would shrink and fall back; but
the results of q firm and resolute line of action
have been indicated as overwhelmingly In ia
vor of the infexible policy of Mr.. Buchanan.
A man of ripe experience, with q will of his
own, is the very man of all men for the White
& =
the outset he may be met at every point with
party traitors, and plots and conspiracies to
break him in or cripple him. but let him stand
fast to his principles and purposes, and in the
long run he is sure to win the day. Let bis ap-
pointments and his measures be essentially fair,
proper and right, and be need not depend upon
the caprices of party majority in Congress,
because, as we have sbundantly shown, the
reasonable and patriotic men of the opposition
side will counterbalance all his own party de-
fciences.
We have asserted, and we repeat that for the
successes which Mr.. Buchanan's administration
has achieved during this late session Of Con-
indispensable incidental support upon this mes-
sure, that and the other, which he has re-
received from the opposition side. There never
has been, and we hope there never may be, legis-
lative majority party at Washington 80 disorgan-
lied, diforderly and intractable as the democra-
tic majority Of ths present Congress, in both
wings Of the Capitol There are men among
them, In the House and in the Senate, who have
proved themselves faithful, "true and rusty"
but the inscriptions leaders of cliques, factions
and sections here, Notwithstanding these honor
able exceptions, reduced the majority party of
each house TO an unruly camp Of vagabondizing
dlibusters. In this respect, the Virginia leaders
have betrayed those symptoms Of jealousy. sus-
picion faction and disruption which, within o
year or 30, have overshadowed the party of the
State; while that recen4 democratic convert
from Georgia, Master Toombs, has played the
game of disorganizing and flbustering die
tator on very grand scale, upon great things
and small things, after the moet approved man
ner of Bombastes Furioso
We now perceive, however, that in squaring
up the accounts of the session the administration
comes of, upon great things and small things,
victorious, and with "drums beating and colors
flying" The President and his able conserve
tive and consistent Cabinet remain unit-their
policy Is indicated by Congress, right aud left,
in spite Of broken up and 6libustering party
majority In both houses. The administration has
triumphed over factions and sections In the
hardest contest ever fought with them, and
can now defy them Mr.. Buchanan may pro-
coed, without apprehension, 10 the work of
shaping out his great measures touching his
domestic and foreign policy, for the next ses-
zion. Aud whyi Because the experiments of
the late session have proved that wherein the
demoralized majority Of Congress may be def
cient, the just and reasonable men Of the oppo-
elton camps-suf'cient for the purpose-may be