The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-07-21

Of sugars embraced about 200 hhds at rates give,
in another place. Coffee steady but quiet. Fregh
engagements were moderate and rates without change
Importance.
The Republican Party and Its Presiaentia
Candidates.
The republican politicians are sanguine of til,
success of their Presidential ticket in 1860, ant
when, at this preliminary stage of the campaign
! we find Southern democratic conventions pass
! ing resolutions in anticipation of ga black re
publican triumph" there must be some good
reasons for this confidence on the one side and
this dependency on the other. But if the demo
cracy, between Wise and Douglas, are threatened
with sectional dissolution of the party at
Charleston, the diverse materials of the republ-
can comp hang so loosely together that it will re-
quire the greatest skill, and some of the hardest
concessions among the various cliques and lead
ers, to insure their success.
The Charleston platform will be the point of
danger to the democracy; but the candidate will
be the great trouble with the republicans. The
most conspicuous aspirants for this distinction
are Ex-Governor Seward, of New York; Cover
nor Banks of Massachusetts; and Governor
Chase, Of Ohio. Seward expects the nomina-
tion-his friends demand it in his behalf as his,
from every consideration of right, justice and
expediency They are also working systematic
cally to gain the Convention which is to decide
tne qaesuon; and they may be able thus to ex-
tort bis nomination. Let them do it, and the
republican party will soon be reduced to mise
rable minority in every State west of Vermont;
for the name Of Seward as the republican csudi-
date will carry over to the democracy the bulk
of the free trade Van Buren, democrats who sup
ported Fremont, the bulk of the Fillmore Ame-
Iicans, and all the old line wings, from Massachu-
sets to Minnesota
But, if governed by the wise considerations of
expediency, the Seward party in the republican
Convention consent to drop him, upon
whom will their choice fall, Banks or Chase
Banks Is an able man, a popular man,
and statesman possessed of a very high order Of
administrative talents and qualities. He would,
perhaps, as the republican candidate, attract to
his support a larger proportion of the floating
democratic, American and old lice wing ele.
ments, from Boston TO Pit!sburg, than any other
man within reach Of the republican party.
But ifthe American antecedents of Banks would
be most apt to cODciliate the American balance
Of power in New England, New York, New Jer-
sey and Pennsylvania, the record of Chase, as an
opponent Of Native American restrictions, would
take the precedence, in view of that heavy Ger
man republican clement upon which the vote Of
Ohio, Michigan, &C., depends. The late two
years Massachusetts naturalization act, in this
will, perhaps, be remembered against
Banks by the Western delegates in the republi-
can Conventions; and 50, in the way Of compro-
mise between Seward, Banks and Chase, the Con-
vention may be driven to that democratic expe-
dent OF candidate whose very obscurity will be
his highest recommendation.
Upon one point we are entirely convinced.
Let Seward be put forth as republican candidate
for 1850, and that party will come out of the
battle frittered away to mere abolition faction.
His ''i1repressible conflict" with slavery in the
slave States will reduce BIN at once to the
narrow margin of an abolition eau.
didate Seward was the heavy burden upon
the back Of General Scott that broke him down,
aud Seward was the shadow, behind the chair
that frightened the opposition Fillmore conserva-
tlves from the support of Fremont But still,
from the active engineering of the numerous
caucus and convention managers of the republi-
can party in the Interest of Seward, they may
contrive to pack the Convention so as to secure
their man TDey appear to be go confident of
success, ffoU the weakness and demoralizations
OF the democracy, as 70 think that the republican
NOMINATION. VII b. equivalent 70 an election,
~ ~. that the floating vote Of the North can seek
no other refuge than the republican party.
We apprehend, however, that, in the corse OF
the important interval to the republican nomi-
mating Convention of 1860, the managing politi-
clans of that party will discover that they will
not be allowed to walk over the course; that
Seward is not their man, but that the floating
opposition vote of the North opposed to Seward
holds the balance Of power. In the meantime
the very name Of Seward is az much Of an OBJ
st1uction to the consolidation Of the Northern
opposition forces as are the conflicting Niger
doctrines Of Wise and Douglas to the harmony
OF the democratic party. Nay, more. While
tne name OF Seward is the great drawback
which prevents fusion Of the opposition forces,
it is the great hobgoblin which keeps the North
ern and Southern democracy within mailing dis
lance of each other.