The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-17


was firm Coffee quiet. The chief feature in the
freight market the advance rates for cotton about
4c0o bales OF which were engaged for Liverpool e. good
part compreaed) at I'D. Other articles Arm but
without change Of moment In rates.
Bubbllngs OF the Political Cauldron--Opppsi-
tion Movements for the Succession.
The Central Committees of the republicans
| Of this city, at their rooms, No. 61S Broadway,
opened, on Tuesday evening, series of meet.
ings "to welcome the opposition members of
Congress on their return from Washington"
AT this preliminary meeting speeches were made
| by Hon. Galusha A. Grow, of Pennsylvania:
Hon. Mr.. Lovejoy, Of Illinois, and Hon. Mr. Nor
rill, of Vermont; and SO far as these speeches
may be taken as the party landmarks for the
future, we may safely conclude that slavery"
the "slave oligarchy," "Dred Scott" and the
Supreme Court, are to constitute the leading
elements of the republican agitation hencefor-
ward to 1860, and that these are to be strongly
seasoned with the expenditures, treasury notes
loans and deficiencies of Mr. Buchanan's ad-
ministration.
On the same evening with this New York re.
publican meeting there was a mixed commits.
sion of the opposition managers in session at
Philadelphia, in the form of protective tariff
meeting, Henry c. Carey presiding Speeches
were made by Senators Colamer, Simmons and
Cameron (republicans); Hon. John Covode,
of Pennsylvania (republican), and Humphrey
Marshall, ofKentucky; E. Joy Morris, of Pennsyl-
vania, and R. W. Thompson, Of Indiana, know
Nothings), casting about for some healthy
political organization. Upon the basis of a
protective tariff, the resolutions of the meet
ing were levelled point blank at the elections
for the next Congress; and, finally, a committee
of seventy-six persons was authorized to be ap-
pointed by the chair, charged with the duty of
taking measures for carrying the above resolu-
tions into effect, and thus cooperating with our
fellow-citizens throughout the Union in the
effort TO establish real Independence
Such were the elements and such the drift of
the Philadelphia tariff meeting. 1t contem.
plates fusion of the opposition forces, North
and South, upon that broken plank of the old
wbig platforms protective tariff We must
await the upshot of the present experiment,
however, in the Pennsylvania Congressional
elections hoforo VIC can undertake an opinion
upon the general results. The cold people Of
Pennsylvania, or very large proportion of
them, with their business operations in coal
and in iron works and other manufacturing
pursuits, are naturally enough in favor Of
high tariff and discriminating duties in support
Of home manufactures. At this crisis, too,
when, from the effects Of the late revulsion, the
administration has already been driven TO the
necessity of an issue Of twenty millions of trea.
sury notes and loan Of twenty millions more
to meet the current obligations Of the govern.
ment. the alternative is plainly before US Of
radical modification Of the tariff for revenue
purposes, or direct taxation OF the people in
order TO put the Treasury upon its legs
again. Place, then, the issue before the
people for the relief OF the Treasury between
a high protective tariff and direct taxation.
and the former viii most probably be adopted
lite exactions are invisible. indirect, compare
lively unfelt as tax, and optional with the in
dividual TO great extent while direct taxation
involves the visible presence Of the tax collec-
tor, and the inevitable payment Of his demands
in cash. Considering, therefore, the public
exigcncies Of the times, there may be something
Impractical import in the programme of this
Philadelphia tariff meeting.
We cannot say 70 much OF the niger. and
slavery, and slave oligarchy' elements of the
republican movements reopened in this city on
Tuesday evening. There is something for
practical agitation in Mr.. Grows increase Of
expenditures under this administration. al
though II Is an increase for which Mr. Buchanan
Is scarcely more responsible than Mr.. Grow
himself But the cry Of slavery extension
and the aggression Of the slave oil
gsrcby" is all humbug, when, at a single .es-
sion Of Congress, We have the spectacle OF the
organization Of three new free States, without
even the compensating addition TO the South
Of a new slave Territory Nor will IL answer
for Mr.. Grow and his psrtisans TO pirate Of the
intrusions Of "slsve labor" upon free soil, when
at the late session, every republican in Con-
gress with scarcely asingle exception), in some
disguise or other, votedfo the perpetual estab.
lishment Of slavery on the free soil of Kansas
They will not be permitted to shrk this issue
before the people, nor can they expect to esr
cape the consequences OF their repeated stultid-
cations upon the Lecompton constitution.
We have said that with the dispersion
Of the members Of Congress among the
people the political cauldron would begin
10 bubble and boil on all sides.
We zee that already such is the case
among the republicans and the rump Of the late
Know Nothing will o'the-wisp. The movements
we have touched upon, however, are but the
premonitory symptoms Of the general agitation
which Is soon TO follow. The democracy, some
what terrified of late, will be compelled to show
their hands without much further delay but
not till they move can we identify the location