The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-08-13

Battery, for the emigraut depot would not hold
quarter Of them.
Should she continue to trade between this
country and England in any line. it would
work material change in our shipping trade
| and in every branch of commerce. but mas
much as she would not pay expenses in this
service, we hardly think that che will try it.
There was some talk of running her to Port
land, Me-, and the Portlanders were sadly ex-
ercsed because she did not make her FIRST voy-
| age to that port. But what in the name Of
Nautilus and Cotton Mather would she do there,
Why, in two trips to Europe, if her passenger
lists were full, the would take away the whole
population of that enterprising city, leaving it's
| streets as deserted as Pompeii, and in six
months she would denude the entire State Of
Maine of all its products and manufactures.
We are very much afraid that the Great
Eastern. like the Erie Railroad, will have to go
into bankruptcy. She cost originally four mil
lions and half Of dollars, and she stands the
present owners somewhere in about two mil
lions and half but 1t is very likely after all
that she will 60 into the hands of the holders
of preferred stock, which amounts to half
million; and then to each of the owners she
will be like an elephant in gentleman's coun-
try garden. They have bought an elephant
apiece, but they don't know what to do VITA
it, or where to put it. If any one short of an
Astor or Vanderbilt were to be made pre-
sent of her to morrow, he would be fiat broke
in twelvemonth. 1t is pity-but it is so.
PROPOSED UNION MovEMENT.-The democratic
party is smashed and its fragments are scat
tered. 1t can no longer resist the revolutionary
current of black republicanism. What, then, is
the duty of the conservative elements Of the
democracy? 1t is incumbent on them, as they
would save the country from the consequences
of the advent to power of the republican
party, to come together and consider what they
ought to do in the emergency.
If the democratic party split into two fac
tons, which are as hostile to each other as they
are to republicanism lself--as hostile as ever
the cavaliers were to the roundheads. or the
house Of York to the house of Lancaster-if,
thus divided into two hostile camps, the demo-
cracy can do nothing against the common foe,
and if there is no probability of reconciliation
before the election, then the best thing that eau
be done is to ascertain whether there is aay
other conservative party in the country which.
with their aid, would be strong enough to stem
the torrent of revolution.
From the indications furnished by the elec-
tons in the South, the Union party, represented
by Bell and Everett, is the strongest, and ia
just the conservative nucleus around which the
divided forces Of the democracy could rally
without compromise or humiliation on either
side. The Union party cannot win by itself,
with two other conservative tickets in the field;
and neither ofthe two wings of the democracy
can be successful for the same reason The
only alternative left is that they both come to
the assistance Of the Union ticket and help to
defeat black republicanism. These two fac
tons cannot fairly ask the Union men to unite
with them, for they are not united Themselves;
and it would be useless for the Unionists to
join either of them. Indeed, it would be i'm
possible for them to agree as to which of the
two democratic camps they would flock to in
the different States. But the Union party
are unit. They seek the same object as the
democracy-the defeat of republcanism-
they have no quarrel with either section Of
it, Why, then, should not both sections Of
democrats marshal themselves under the stand
ard of the Union men for this election, to avert
the pressing danger aud prevent the ascendency
Of desperate faction, who have proclaimed q
sectional war against the institutions Of the
South whose result can only be the dismember-
ment ofthe federal republic? It's clear that with
three conservative tickets in the field all divided
from each other, and acting against each other
as much as against the enemy, the republi-
can party must triumph beyond all doubt. A
house divided against itself cannot stand.
The great mass of the conservative elements
OF the North are anxiously looking for some
way in which they can resist the onward march
of repubicanifm. The only practicable way is
that which we have pointed out. OF two
evils the democracy ought to choose the
lesser. II is lesser evil to elect
Bell than Lincoln; and as the matter now stands
one or other must be elected. Let the democ-
racy, unable to elect q candidate of their own.
determine which Of the two men they will SEM
to the White House, and which Of the two parties
would be the safer to be entrusted with power.
1t seems to us that this question ought to be
very easily decided. Let great meeting be
called at once in this city to settle the ques-
ton, and let similar meetings be held in the
other cities and throughout the country. 1t 70
not yet too late. There are still three months
TO The election. Much can be done in that
time. If the union movement that we recon-
mend be adopted land it is the only practical
one the only one that can be successful-there