The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-02-21


including purchases for export The mar
ket closed without change Of moment in prices
Wheat was firmly held at the previous days
prices while sales moderate. Corn was
steady at unchanged prices while sales were fair
Pork was quiet, and mess nominal at SIT SIT Is
asked and prime quiet $3 Other provisions were
without change Of Importance. Sugars steady
with sales Of $50 hhds Cubas and 500 boxes Havanas
at prices given in another column. Coffee was duh and
sales limited. The rmness Of freghts checked engage
ments. Moderate shipments were3made to English ports
mostly at the current rates Of the previous day.
The President Elect-EIis Speeches, His
Cabinet, and Has inaugural.
The presence in this city of the President
elect of the United States has given, during the
last two days, an extraordinary activity to the
discussion of political affairs among all parties
| and classes of our people Abraham Lincoln is
the newest wonder of the town; the lion OF
the day; the coming man, soon to be invested
with the Office and the responsibilities from
| which MIR. Buchanan will be only too happy to
be delivered; and it is not surprising, there
fore, that all eyes. all ears, and all hopes of AN
men from all quarters for the Union and against
the Union, for peace or for war, and for spoils
and plumber, should be turned to this modest
backwoodsman, Lincoln.
In behalf of the Union-after noting the i'm
of this distinguished stranger from Buffalo to
this city-we do not despair of still better
things to come 1t is apparent to us that Mr..
Lincoln is beginning to feel and to appreciate
the pressure of the conservative peace and
Union sentiment of the North We incline to the
opinion that the ice has been broken; that his
mind is already FESTIVE under the shackles of
the Chicago platform; and that by the time he
reaches Washington, he will comprehend pretty
largely the fearful disorders of the country
the responsibilities of his position, and the
dangers which are threatened from a rigid,
headlong and violent enforcement of the
laws" against our revolutionary Southern
brethren.
In the meantime, we must not forget that the
President elect has been so much absorbed
and embarrassed in the work of picking out
his Cabinet that he has had no time for orato-
rial exhibitions. We understand that at every
stopping place over night since his departure
from Springfield he has devoted considerable
portion of bis time to the important subject of
his Cabinet, and, unless he be compelled to
change his Cabinet programme, as his prede-
ceesors have done before him, by the pressure
Of circumstances, he has so far progressed
in the task as to Justify the proclamation of the
following schedule
Secretary OF state. II. Seward n Y.
Secretary Of the Treasury Salmon Chase Ohio
Secretary Of the Interior Montgomery Blair, Md
Secretary OF War ............ Simon Cameron, Pa
Attorney General. Edward Bates, No.
From which it would appear that the Post
Office Department and the Navy Department
are the only Cabinet positions remaining to be
filed. For these places the contest is said to lie
between Charles Francis Adams and George
Ashmun, of Massachusetts,, and Caleb b. Smith
with such republican conservatives as Seward
and Cameron, to say nothing Of the venerable
Mr.. Bates, we can discover even in the Cabinet
selections Of Mr. Lincoln a strong desir on
his part to put the brakes upon Northern aboli-
ton fanatcism.
1t is said that Mr.. Lincoln, after his arrival
in Washington, will first finish the work Of his
Cabinet, and will then proceed to touch up his
inaugural according to the very latest of "the
shifting scenes" of this revolutionary crisis
Thus, in his inaugural, referring to that of his
distinguished Southern Presidential rival, JEFF.
ferson Davis, II is supposed that President Lin.
coin will urge the plea of Mr.. Seward touching
the seeded States-the plea Of mastery mac
| tiyity in the matter of compromises of any sort
Next, ii IL conjectured that Mr.. Lincoln, touch
| ing upon the proftless labors of the Old Gen
| tlemen's Peace Conference at Washington, will
| settle down upon a recommendation for Ma.
tional Convention of all the States for the pur.
pose of taking into consideration the recon.
| struction Of the Union in the revision of the
federal constitution.
We think, however, that this expedient Of 0
National Convention is but little better than
tub to the whale. We have shown that, consti
tutionally, this plan would require years of time
to obtain Convention; and, when obtained, IL,
labors would probably end in nothing. VIVA
| we want is some show of compromise without
| delay, upon which the border slave States car
stand their ground in the Union, and act a.
mediators with the seeded States To this enc
let Mr. Lincoln, In his inaugural address, pro
claim his adhesion TO the Crittenden plan o
adjustment; and next, let him call an extra ses
sion Of Congress and urge this adjustment upor
the two houses, suspending his distribution o
the spoils and plumber until the two houses
shall have acted, and our word for II there viii
be settlement II Mr.. Lincoln would stanC
In the catalogue Of our Presidents-in patriot
ism, sound practical wisdom and devotion e
the Unicn-as second only to Washington, LEI
him strike for speedy and satisfactory com
promise with the border slave States, and be