The New York herald., 1864-11-27

The severest ordeal through which . republi
can form OF government has ever been called
upon to pass in ancient or modern times has
resulted ia tho greatest triumph Of popular IN
stitutions over tho assumed divine rights Of
kings in the history Of mankind. We refer to
the great aud glorious triumph Of the Union,
popular rights, public liberty, constitutional
authority, law and order, secured in our late
Presidential election.
The leaders aud adherents Of the rebellion In
the South. their emissaries, allies and sympa-
thizers in the North, and the hereditary Euro-
pean enemies Of "the Great Republic" had oil
been working, watching and waiting for fatal
diversion against US, through the revolutionary
elements and excitements Of the late Presiden-
tial contest. Nor were these confederated foes
Of the American Union without plausible
grounds for the hopes that this trial would
prove its destruction. President Lincoln had
proved himself unequal to the herculean task
Of graphing and controlling with steady hand
tho issues and trials Of this gigantic war. He
had wasted great armies in small enter
prises, and millions upon millions Of trea-
sure for which there had been no ede-
quate return. From negligence and bad
management at Washington vast organi-
cations Of armies and navies had been pushed
forward to painful disasters or ipglorously
frittered away. Preposterous abolition expert
ments Of confscation and reconstruction had
alienated thousands Of loyal men, who, in the
outset, were among Mr.. Lincoln's supporters.
Arbitrary arrests. heavy taxation, heavy
drafts of men for soldiers, deprecated ma
tional currency, an enormous and still accu-
mulating national debt. unexampled and still
increasing prices for all the necessaries Of life,
the embarrassments OF trade, aud the uncer-
tainties Of the war, all operated, with the
causes aforesaid, to work up tremend dous
popular pressure against the administration.
Then the ideas were adroitly thrown out that
peace would follow the overthrow ofthe party
in power, and that heavy taxes, drafts high
prices and deprecated paper money would
como to an end.
Against all these temptations for q change,
however, the people Of the loyal States, in
view of the threatened Chicago alternative OF
peace at any price, have Overwhelmingly sus-
tanned the administration, because Of its
pledges, its labors, its successes, and its mani
| fest purpose to fight out the cause of the
Union. Against this paramount idea Of the
Union, oil the extravagances, all the wastages
of men and money, all the blunders and
failures Of President LiHcoln, all tue losses,
distresses and disappointments Of the war,
all its burdens, trials and dangers, have gone
for nothing in the late verdicts of the loyal
States. All these grounds Of complaint against
Abraham Lincoln, though engineered by
powerful opposition party. and assisted by rebel
agents and sympathizers, reasonable conspi-
racies aud British sympathy, have most sigaaliy
failed, in view Of tho fixed and infexibe pur-
Union at all hazards, against oil hostile de-
signs. and to the last extremity.
Thus all the calculations of JEFF. Davis and
his Southern confederates and European adhe-
rents, Of q revolutionary diversion in our re-
cent national election that would precipitate a
dissolution of the Union, have been demolished
and dsspated into thin air. The fact is estab-
lshed before the world, in the most peaceable
and orderly election in American history, that
this people, in the midst Of stupendous civil
war, and under the most trying aud threatening
combinations for mischief and bearing all the
burthens which this war imposes, are equal to
the test.of fair trial at the ballot boxes, and
OF submission to the result, and the duties in
volved to all parties. The "Great Republic
thus stands vindicated among the civilized
nations Of the earth as possessing the strongest
government Of them all.
The downfall Of Davis and his spurious con-
r~ac-oor orJ tL~ >Loh;l;+o t;co 10 L.. roroIxcI
States in the Union, will soon follow, and then
will come . convulsive reaction In the Old
World analogous to that which succeeded the
first triumphant war Of American independence
and unity. We have passed the great dangers
that menaced US in wsatherng safely the rocks,
shoals and breakers Of the late Presidential
election. The work now before US is plain
sailing. Popular institutions have won the
victory over the despotic, sristocratlc and
feudal institutions Of Europe Hcnceforward,
with the masses Of the European people, OF
every nation, revived by new hopes to new
efforts for the sscendancy, we shall hold the
balance Of power In both hemispheres. The
day may not be far distant--it surely will
come-wheu the United States of America will
become the model for the reshaping Of every
government in the Old World, from England TO
the steppes Of Tartary. Such is the moral and
the comprehensive sweep Of the great victory
secured in our late Presidential election. II
Is decisive victory Of popular rights against
kingly pretensions, the wide world ever, and
its fruits will soon begin 10 ripen.
Personal lnteliigsnee.
IA - s~tx sn.A N-s .hn