The New York herald., 1864-10-15

end cicasd st 212k GOvsra0speDwers ssro.g
The sspad sssasoe 10 soal Sss&sa 5000 asas q sr.
c'tsmsos IN os..ssoai circles ysssssasy. oesy sn
kinds u nerghaudse wws bsd ossssa xsbsy ngber and
kinds Of domestic produce sold At ~ sdvasoe
Tue GOLD atr,essss To several csusss pomi
neo among which the rsss q sAs recent elscors
aud the desperate efforts which beiog made W
large holders foreign goods % force gold up
dispose Of tber goods a. advsscs. But there
gcseral movement owing 10 tho fact that very
adcnce olt IN the oonsnaaoes Of the prsvpius hA
price OF gold Our report TO day Of more than
Interest. all tho changes there recorded ca
Change the -four market was $50. soc. higher With
rather more doing wncat was Sc. Sc. bcttef With
fair demand. corn was 2c 80 higher. with good DO
sand; Data were quiet but lc %. higher; p,rS
more active and drmer beef was steady AND lard
active and lc. higher, wSlsKey was . uias Smsr
frsighis we're very quiet
Tho Democ ratio Parsy-lss Late nan-
dors aad Its Present False Posisiss.
The election Of "poor Pierce" 10 1852 10 The
Presidency was the beginning OF the downfall
Of the old dominant national democratic party
brought into life By General jackson. Had
"poor Pierce" adhered 70 Henry Cry's great
compromise measuros OF 1850 he might have
given to the democracy anew lease Of half
century or power. But In the repeal Of the
Missouri compromises compact embraced in
tho peace measures Of lS50-he was tempted to
pry into the box Of Pandora, and in opening
it he let loose that swarm of evils upon bis
party and the country, which. under his imme-
diate successor, the feeble and maundering
Buchanan, eliminated in the horrors OF this
Southern rebellion.
With hoir oC
cent Of the moral courage and sagacity Of Old
Hickory, Mr.. Buchanan, had he followed our
advice-the simple advice OF common sense
could have quenched this rebellion in the kim
ding. But IN fear aud trembling the poor,
unfortunate old man shrank from the task ;
and thus the legacy which he handed over to
Abraham Lincoln was an organized Southern
for war; The gauntlet was thrown down at
Fort Sumter, and the people Of the loyal
States, at the cry Of the new Standardization FOR
the Union, rose as one man to the rescue In
that magnificent, imposing and awful popular
uprising was spoken the doom Of he rebellion.
and the amplest means and powers for its
speedy extinction were placed in Mr.. Lineoln's
hands. Party lines were practically oblite-
rated, and the people Of the loyal States De.
came unit for the war in support of the
administration ea
Thus the government, after our instructive
military misfortunes of 1861, was supported in
all Its gigantic preparations, on the land and
water, for the campaign of 1862. But the ap-
palling disasters Of that campaign. on the
rhv
and in front Of Washington, under Gen. Pope.
brought about q universal and powerful ropu-
Tar reaction throughout the loyal North against
the blundering war policy, strategy and tactics
OF the administration. Then seizing, as if by
instinct, upon the prevailing popular idea, up
rose the Northern democracy for more vigor-
GUS prosecution Of the war.
What followedf The recorded resulis OF the
fall elections Of 1862, in all the great Northern
Central States from New York to Illinois in
elusive, tell the story. The democracy had
hit upon the right road to the Presidential sue
cession, and the White House, looming up in
the sun, like q gorgeous castle above the
clouds, was in full view before them. But,
while the administration took counsel from the
warning voice of the people and proceeded to
. more vigorous prosecution Of the war, the
leaders Of the Northern democracy, still de-
iuded by their old party Affiliations with the
South, attempted to divert the people to the
treacherous byroad Of peace-at-any-pr The
stupidity and ruinous folly Of this experiment
was sufficiently rebuked in the Northern elec-
tions Of 1868 to turn sensible men away from
it; but the peace-at-any-price infatuation Of the
white-featber leaders Of the democratic fold
was incurabie. They would have nothing else,
and they made their arrangements accordingly
for the Chicago Convention.
The nomination of General Mcclellan was
not in their programme. But they were CON-
PEELED to make this concession to the general
voice Of the party. They could not resist it
nor evade it. What then! They could, at
least, bind hand and foot this loyal soldier and
favorite Of the war democracy. Hence,
reversing the usual order Of things, they set up
their platform before they made their nomina-
tion; and next, having nominated Mcclellan.
they tied him fast to that conspicuous
champion Of peacs-at-any-price Mr.. George II.
Pend Teton.
Now, while the close result Of the late Penn
sylvania election shows that Mcclellan, asso-
ciated with Union man like himself--peace
or war and with consistent platform from
Chicago-would have inaugurated decided
political revolution in these October elections.
we see from the results in Ohio, where Pen
dleton belongs, and In Indiana, where his
principles are thoroughly understood, how
heavy is the load that Mcclellan has to carry.
Notwithstanding this heavy burden, however,
be has exhibited degree Of strength in the
East which would have saved the party in the
West had there been anything like common
honesty among the coppefbeads In supporting
the party ticket. They nrst contrive, however,