The New York herald., 1864-10-26

A'SA'vAA w NcW Orl6an6 Anu wv
had some money, too. secured with their
seizure Of United States mints, custom houses,
DC; and various useful materials they had,
which had been deliberately bought on credit
ia the North to the extent of two or three hun
dred millions Of dollars. But the coolest 0e-
claration of Davis at Augusta, With 'the Yam
KEGS" in Atlanta, was the foolish assertion that
his "confederacy" is stronger than when the
war commenced. At this rate by the time he
is coopcd Up in South Carolina he will be in
vincible
But jeff blows little too much and in do
ing so be gives some very usefd0 information
to "the Yankees" which will probably not be
overlooked by General Sherman. To amuse
the citizens of Augusta, Davis says:-"Once we
had no arms, aud could receive no soldiers but
those who came to US armed Now we have arms
for all, and are begging men to bear them.
This city Of AUGUSTA alone produces more poo
der than the army can burn" Here then, is the
this. as much as anything else, may account for
the desperate efforts of Davis to turn back the
army of Sherman from the heart of Georgia.
The October EieoAions-Prospect I'm Mo-
vember.
Two weeks have passed away since the State
elections in the Central States-Pennsylvan
Ohio and Indiana--and we. are yet without the
full official vote of either Of those States. The
probabilities are that it will not vary much
from the reported majorities now generally ac-
cept ted as the result Taking these as the basis.
e.find considerable reaction against Mr. Lin
coin since the vote by which he was elected in
1860. The total majority for Lincoln in 1862
in the three Central States which have recently
held elections, was 7S,340 The total republi-
can majority, in the same Suites at the recent
election, is 46 500; republican loss, 81 $40. In
this result we have a reaction Of about forty
thousand against Mr.. Lincoln in those three i'm
porant States since his election in 1860. He then
received ffty-nine thousand and six hundred ma
jority in Pennsylvania alone, or upwards of fl
teen thousand more than the present republican
majoritcs in all three of those States combined.
On the other hand, the majorities of the repub
lican party in Ohio and Indiana combined
have increased some twenty thousand over that
This presents singular result. There is evi
IDENTIFY in the aggregate vote, an important reac-
ton against Mr.. Lincoln and loss of popularity
since his election. This change max prove
large enough in some localities to affect the
vote Of the Electoral College this year, but it
does not reveal in the detailed result sufficient
reaction in itself to defeat Old Abe. What
may be accomplished BY the democracy in
November, with the above result in October to
work upon remains yet to be seen. 1t will re-
quire much larger republican loss to defeat
the reelection Of Lincoln and insure the
triumph OF Mcclellan, and it must be more
general throughout the loyal States. What
then are the prospects for November?
The result of the elections thus far plainly
shows that the democratic party has not in
itself either the popularity or the strength to
elect Mcclellan. II he finally succeeds it will
be through his own popularity, drawing to
him the support Of the people sufficient to
carry him over all obstacles-even over
those placed in his way by the managers
of the party which has nominated him. That
thousands OF the citizens OF the loyal States
will vote for him who have no sympathy with
the democratic party, as 1t has been conducted
during the last two years. appears from all
accounts quite certain. But will this be
sufficient to elect him? The imbeclity of Old
Abe, his mismanagement Of the war aud total
incompetency exhibited at almost every stage
of the present struggle with the rebellion, has
alienated many whose sympathies are with the
republican party, who may or may not vote
for Mr.. Lincoln according to circumstances yet
to be developed. Both Mcclellan aud Pendle-
ton are now equally on the Union platform.
The copperheads have done Little Mac all the
harm that it is within their power to do. They
have expended their strength and are power
erable doubt about the niggerhcad faction OF
the republican party. Their curses and de-
nunciaton Of Lincoln have been loud and
deep. The Wades, the Winter Daviscs, the
Pomeroys and other niggerheads have been
far more severe in their accusations
against Old Abe than the opposing
party. II is true that they have in a
measure eaten their own words; but recent
developments show that it is somewhat doubt
full whether their niggerhead followers will ac-
complish the same feat. We therefore con-
slider the result Of the election on the 9Th OF
November as quite doubtful. 1t may yet prove
that the soldiers hold the balance Of power as in
the recent election in Pennsylvania The chances
on the surface favor the reelection of Lincoln;
but we are living in revolutionary times, and
it is impossible to tell what uphcavinss may
take place in two weeks.
In this condition events are fast drifting
along, and the conflict thckens The people
srealze that our generals in the field have
the rebel armies within their grasp, and
place implicit confidence in their early
triumph. The candidates for President and
Vice President of both parties are on the Union