The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-12-08

The London journals are fertile in comment on
the result of our recent Presidential election. The
T ines whilst rejoicing over the thought "that the
''march of slavery and the domineering tone which
cts advocates were beginning TO assume over
"Freedom, have at length been arrested and ST.
'Genced =" is nevertheless impressed with the ap-
prehension that Mr.. LINCOLN will not find the
Presidential chair bed of roses. 1t calls attcn-
ton to the fact, that the vote by which he was
chosen TO the Chief Magistracy was a purely Sec
tonal one, and admits that it ''tends directly to
"that state of parties against which WASHINGTON
COMPATIBILITY counseled his felow-citizens-the
fdividing themselves into factions desig-
mated by geographical limits" 1t for
sees that Mr.. LINCOLN will have to carry on
his government with new and untried officials in
the face of an Opposition full of ability and ex-
perience" but doubts whether England under any
circumstances will be benefited by the change OF
administration In regard 10 the agitation at the
South, the Times expresses the belief that the peo-
ple of that section HWould be a great deal more
frightened than hurt by the recent election" TIE
Globe considers the real nature of the political
struggle in this country to be not so much quar-
rel between slavery and anti-slavery as between
those who were in possession of power and those
" who had been excluded from it" The ''insurrcc
tion at the North is declared to be " natural reGc-
&c ton against Southern ascendency." The slave
ry question is stated to have beea used the read
est weapon ofofTence but the Globe confidently as
serts that "thc Republicans are not Abolitonists
They merely desire 10 exclude slavery from the
-, obt
Gate by calling Free States into life' The Star de-
clares that the election 0 an anti-savery Presi-
dent " will prevent the further outgrowh of a do
@ nestle Institution obnoxious to the moral sense
"and nimical to the true interests of the Repub-
'ic, that it marks ''the staying ofthe tide that
arrogantly threatened TO avenge the unalterablc
wrongs ofthe negro in a general deluge of licen-
tous tyranny. The Ne1cS perceives both good and
evil in the success Of Republican party. Evil be-
cause Of the panic which it has created at the
South; because it will obstructleg at Wash
ington and because Of the viruent party strife to
which it will give rise. The opinion of the Nlcs
is, that if Mr.. LINCOLN 'were 10 turn out q second
t'WAsHNGToN, he would have no chance of salts
flying q community like that of the UNITED STATES
'at the moment Of going over from corrupt to n
"regenerated Republican system" Another pos
sihle evil is apprehendel in "the fail
"ure of the cotton supply which might occur
in the event of servie instruction, and
the English people are admonished TO "make
''haste to create other sources of supply.
The good results "under an improved Congress, -
the Meas alleges, will show themselves in the
subordination Of slavery ITO Free labor and Free
Existence" in the abolition of slavery in the
District of Columbia; in a more strenuous oppos-
ton TO the slave trade; in the support which will
be given TO England, in her efforts TO make Gin
"dustrial allies of the inhabitants of Africa - and
in the influence which will be exerted on Spain
to compel her TO put stop to the Cuban slave
trade.
The above extracts from the leading London
journals indicate the current of public opinion in
England. They show, too, how little even a
people who speak the same language and
who are more closely allied to this country by
kindred and commercial ties than any other ma
ton, understand the nature of the struggle now
pending between the North and South, or the
gravity of the crisis which they so confidently
predict will be productive of none but the hap
piest results.