The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-11-10

this result In preference to all others
At no period in our history has this fact beer
more apparent than in the result Of the recen
elections. The rebellion having been pu
down, the public mind, after four years Of ex
citement and anxiety, looks forward to the re
turn Of quiet and prosperity. President John
son adopted policy which promised speedy
restoration Of the country and the accomplish
ment of the very result looked for. The Jaeobir
portion Of the republican party, under the lead
! of Sumner and Stevens, undertook to array the
party against that policy and make universal
negro suffrage the party shibboleth. But the
conservative portion rejected the schemes Of
these disorganizers and pledged the party in
every State, except Massachusetts, and Mime.
sofa, to the support of President johnson. In
Ohio not only the convention, bat the candi-
date for Governor, repudiated negro suf
frsge. In Pennsylvania the State Committee
came out in an elaborate address against it,
while in Connecticut the people deereed
against it by direct vote. In this State the
republican managers in their convention re-
jected the theories of the radicals and endorsed
I[0blUCno SVuklOOA Al uAoquAvOCuk boImbs IuU6
in every State but two the party which was In
the supremacy during the war endorsed and
approved the wise and sagacious platform of
the President Upon that platform they have
come out of the contest with flying colors, and
have been everywhere successful. This result
has been obtained by discarding all such dis
organizing questions as universal negro suffrage
and with Mr.. Johnson's consenting to leave it
with the people Of the States interested to
settle themselves Had they adopted the
extreme measures Of the radical faction their
defeat would have been as disastrous az their
important fact which the managers of the
republican party must now comprehend
and act upon if they wish to maintain the ir
present supremacy. The people desire quiet
and to- remain free from exciting political
agitation. They have repudisted the demo-
cratic party in its stronghold, New Jersey,
because that party tried to. keep the slavery
question alive Bat they will just as soon put
down the republicans if they attempt to revive
internal agitation in any other form, let it be
universal negro suffrage or any other question
likely to array one section against the other.
This fact is clearly the logical Interpretation
Of the results, not only Of the. recent but all
other important elections for years past II,
then, the republicans desire to- retain their
present position they have but one course to
pursue. If they allow the radical Jacobin
faction, headed by Stevens, Wade and Sumner,
%c ptro1 aoho fhasr -, fho ~
Congress or elsewhere, their reign will be Of
short duration, and their present success hasten
their downfall. 1t took eight years Of intrigue
and disorganizing work to destroy the demo-
cratic party; but if the republican party allows
itself to be led by the Jacobin faction their
with such rapidity that another Congressional
election will record their hopeless defeat, from
which they never can expect to recover. That
party has now reached the critical point of Its
history. Let it adhere to President Johnson
and a. brilliantfuture awaits 1t; but the moment
that it turns to worship the god Of the radicals
its doom is only the question Of q few months
TIE GREAT FENAN LOAN IN LoNDoN-A few
weeks ago all England and the continent Of
Europe were thrown into hystericsby the pub
location of a list Of subscribers to'the famous
rebelloan, the authority for which came from
the State Department ut Washington. Editors,
peers, parsons, politicians and pugilists who
had taken part in that loan few into most
violent temper, denying all and every part of
the charge in the most rough aud ungentle-
manly manner They refused to,acknowledge
the corn. The list, it appears, was merely an
apportionment made to the parties designated,
and implied that the money was not to be paid
unless the rebels succeeded. WenOw find that
the two leading journals of London, the cele-
brated Punch and the INSCRIPTIONS Times, have
been squaring accounts by the publication in the
former of q list of subscribers. to the Fenian
loan, including the names of many distin
guished parsonages in this city and elsewhere.
Among the stockholders, which includes
editors, politicians, parsons, plug uglies,
policy vendors, showmen, Mormon wives and
widows, de-, &C., we find our name put down
for three thousand dollars. This is an error.
They ought to have put Us down for thirty mil
lions of dollars. Nothing less than that
amount can we contribute for q cause that is
not only prosperous but promises the rederap-
ton Of Ireland, Canada, and the entire British
realm. We have no doubt that the other sub.
scribers have been equally moderated. Iathis
country we are accustomed to frankness and
epenness, and, unlike the ill-tempered Johnny
Bulls and miserable, creatures who pass for
peers in London when accused Of SUBJ
sorilmg to the rebel loan, we accept
the published list OF Fenian stOckhola-
ers and acknowledge the corn all round.
We, who have suggested magnificent plans for
paying of the national debt, cannot sub
scribe less than thirty millions Of dollars-in