The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-06-14

( HERALD, TUESDAY, &.
Hail. tho District Attorney In indctiog the offenders fo
wn"'ever offence they may have Committed Recorde
Holman sentenced Edward Hunter. who convicted
the murder OF his wie impr the State Prison
for fs Henry Gibson. indicted for the murder Of Peter
McArdle pleaded guilty to mansaughtcr 10 the third do
gree, and remanded for sentence.
In the case or Martin Brett and othcrs against To-
nuei c. Owen In the Supreme Court Circuit before Judge
Foster whore the plaintiff sued the delivery Of
nty thousand bushels Of Prince Edward island oats a,
seventy i've cents per bushel per contract the jury
yesterday brought 10 verdict for the plaintiff assessing
the damages at thousand two hundred and sixty
dollars
In the case Of Connolly against Rbenfrank. where
tho plaintiff sued for defamation OF character the &C
feneant having called her a"this !" the jury rendered
verdict for the plaintiff Of hundred and CITY dollars
and costs.
Abe stock market sank down into state Of compars
tive Inactivity again yesterday and the sales few,
lover prices. Gold active 10 the morning. aud the
price Guctuated between 1855 and 1867. Government
securities were strong and the bonds OF 1881 advanced
per cent. the registered selling 1t 10S, interest OIL
There was no change In the loan Market money
thu ne plenty at a I per cent interest.
This week opened In commercial circles about last
week closed the markets being irregular unsettled
owing to the gold fluctuations The amount of business
cone yesterday was small, except in q commodities.
Imported merchandise very quick; but most OF the
dealers remained Hrmer. Cotton buoyant and firm.
Petroleum was firm. On 'Change -four and wheat
without important change in prices though a, the close
second qualities depressed. Corn decidedly
lower Oats rather more stcady Pork active and ad.
vancng Beef Arm. Lard less active and heavy
Whskey firm. Freights dull Groceries generally with
out much change.
The Political Revolution Onward Pro-
bable Extinction OF the Ola Domocr attic
Party.
While General Grant Is perfectng his plans
and combinations for his next grand movements
on the military chessboard, we may probably
turn our attention to the present developments,
movements, plans and combinations of the
Presidential campaign.
While struggling for the suppression Of this
most gigantic rebellion we are In the midst Of
the most remarkable and momentous political
revolution in the history Of mankind. 1t bears
some resemblance to the sweeping changes in
political parties, opinions, men and measures
which attended the bloody struggle of the
seventeenth century, in England between the
Roundheads and the Puritans; but it may be
more apty compared to the sweeping political
CONFUSION and work Of reconstruction inan-
rurated with the Reign of Terror of the first
French Revolution. Where are our Presidential
party platforms OF 1850? Scattered to the four
winds Of Heaven. What has become Of the
Presidential parties of 1902 They have run
to seed, and they are broken up. We are, we
repeat, in the midst Of great political revolu-
ton, the immediate solution Of which. from
present appearances, will be either a stringent
central despotsm or radical democratic gov
ernment resting upon the French tripod OF
Liberty, Equality and Fraternity
The idea that this country will or can emerge
from this earthquake with s'the Union as it was
and the constitution as it isl is the most pre-
posterous Of absurd.ties. No. We shall have
nothing Of the sort. The rebellion has upset
the old order Of things, and all things are be-
coming new. The old democratic party was
virtually destroyed in its revolutionary corr
ventions Of 1860. The Northern rump OF that
org ,nizaton has been living feeble, flicker
ing existence since that dsrup.ure between
South Carolina and the Albany Regency; but
this diseased and feeble Northern faction is
actually dying at last
We understand that the Democratic National
Committee, which some time ago, under the
auspices OF Mr.. August Belmont agent OF the
Rothschilds. appointed the coming Fourth Of
July as the time and Chicago as the place for tie
meeting Of the National Party Convention, are
now considering the expediency OF postpone
ment Of this assemhlage 10 o more convenient
season, and that such o postponcmcat will in
oil probability be carried. And why mote
What can the remnants OF this exploded party.
do, without any landmarks TO guide them. with
out any harmony among themselves upon
principles. and with nothing but djscords among
their would-be leaders? Taking the principal
existing organs OF the Northern democracy. in
their present slipsbod and dismantled condition,
for our onlightenmcnt-su as the Albany
AHas-4rgus ana TIE World, the Journal of
Commerce and Daily Neirs, of this city. and the
Chicago Times, the Cincinnati Enquirer, &c
we can find no common ground OF action among
them, no agreement, no concord except i'm
their common hostility TO Abraham Lincoln's
administration. This is the ruling passion Of the
Old democracy, strong in death-implacable
vengeance against thu party depriving them of
the spells. John G. Calhoun was right in say
ing that the democratic party was held to-
getber By the cohesive power Of the public
plunder;" for on losing the plumber the cohe-
sion Of the party is gone, and it has fallen to
pieces.
What then' Without leaders, without plum
der, and without principles, being in fact dis.
banded and all adrift, the Northern remnants
Of the old democracy are free to 60 where they
please. But where, as Daniel Webster asked,
when left alone 10 John Tylers Cabnet-where