The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-10-27

tios-mr. Brady's speech NJ the Cooper
Isssltute.
No more convincing. proof can bs desired OF
the deep and all pervading character OF the po
litical revolution through which we are passing
than the rapid Changes that are being effected
in the positions of public men ana great mate
rial interests throughout the country.
A marked evidence of this is the position as
sumed by MI. Brady last night in mis- speech at
the Cooper Institute. This gentleman is the
candidate of the Breckinridge wing OF the demo-
cracy for Governor of this State, and has been
recently making speeches through the interior
him In nomination. Daring this canvass he has
said some unwise things, and given nt,erancs on
several occasions to sentiments that W. have had
occasion to censure; but his speech last night
shows that be has benefited by his tour, and
that in national politics at least he is on a
logical and sound track. His contact with toe
people in the interior has proved to hin that
however the conservative masses may stand ia
relation to the local offices of the State, they
heartily desire the defeat of Lincoln. "a the
only thing that will save us from the greatest
political agitation ever experienced in aoy
country and which threatens to involve bank
ers, producers and traders in common revul
sion and ruin. He has found that the people
who affiliate with the Breckenridge wing % the
democracy, which is the only one that will
hereafter have any affiliations with the great
party that IL rising up in the South, LOOK upou
the success Of the fusion ticket in this State as
the only hope Of the national policy, and thai
they will support it on national grounds
Hence he, in common with Mr.. Dickinson and
many others of the old hard shell party has
come CALAMITY into line on the national ques-
ton. As for the State ticket. that is Of minor
Importance 10 the present nome ntous contest
Other changes of an important character are
also taking place on all sides nose in the
South are of very significant character. From
every section there we receive the evidences OF
Q sturdy determination to resist at the ou.se.
the danger that meuaces them. The triumph OF
political patty based on the idea that slavery
s an evil and crime will inaugurate q policy
in our federal administration in deadly hostility
to an institution woven into the very texture Of
society in fifteen States, and on which all their
material interests are founded. Alarm has
awakened strong feeling OF resistance, and
the first symptoms are perceivabie in the war
like preparations OF the people and the fears Of
the banks in view Of probable exigencies. The
first contest must be one between the credit in-
situations in the South and in the North. each
section endeavoriDg to strengthen itself for the
coming emergency. Such contest will pro.
duce financial panic and revulsion more de-
struc;ive than that of 1887, and every prudent
man IL already beginning to prepare for it.
These revolutionary Developments 10 the
South have already awakened alarm among
the black republican leaders and they
are preparing to make q show Of
throwing Seward, Gerrit Smith and the ad
vanced abolition portion OF their party over
board, In order to restore confidence to their
misguided conservative followers They assert
that Southern men will enter Lincoln's cabinet
and several prominent names have been men
toned, and that Lincoln If elected will enforce
the Fugitive Slave law. This 10 bold announce
ment Of an intention to cheat Seward and his
friends again, as they were cheated at Chicago,
and TO use Gerrit Smith and the radical aboli-
tioniste merely as tools. to be cast contempt
uously aside after the election is gained. This
is a double edged sword cutting both ways.
Gerrit Smith is in nomination for the Presidency
by the radicals, and they can cast one hundred
thousand votes for him in this State. By 50
doing they viii repeat the result Of 1874, when
the election Of Mr.. Clay depended on New
York. and the Birney vote gave this State
most Unexpectedly TO Mr. Polk.
ton Is every day presenting leave Us the hope
that New York will prove true 10 the Union
and TO Der bghes, and deares, interests on
the Empire State every thing nov depends If
j, fails the country in this emergency, nothing
can cave us from q great commercial revolu.
ton The gecgraF hicsl division tina. has been
established in Our churches, in our public socie.
ties and IN our political parties will at once ex-
terd 10 our great nero antle and material ia
terests The South will be forced 10 strengthen
ieelf against the North and the Grst operation
OF that movement will be the effort to secure
on the 9th Of November next, the cry among
the people will be. Go for gold and there is
not bank in the North or In the South that
would be able TO meet the calls Of its deposiors
and note holders. We are all tresding on a
volcano, the crisis OF which is rapidly coming
upon us Let every prudent man prepare to
meet IL
LAsARTNE's OPINIONS or THE AMERICAN