The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-11-03

terday but the advance gold occzsoned more fri
ness, and as general rStng higher prices aske
Wednesdays prices were willingly paid but buyers
INJURED to the advance demanded Groceries were d.
and nearly nominal Cotton vas frmer Petroleum w
quiet On Change -four nrmer closing highe
Grain without important change. Pork dull
lower Beef was steady. Lard YEAS dull but unehange'
whiskey was firm.
Success OF President JOhnson's Policy.
Andrew Johnson has occupied the chais q
the Chief Magistrate Of the nstien about 81,
months. He was inaugurated and assumed "a
seins of government during one Of the mos
excited periods in our history The who'll
nation had been distracted by four years o
fierce and relentless war, characterized ii
many instances with almost barbareas cruelty
| The passions Of the people of all sections o.
the country were worked up to the highest
assassination Of President Lincoln, just. as the
public bsgan to understand his charactes and
|, appreciate his merits. Appalled, At this deed
the people n,their' horror called for revenge.
Amid this excitement Mr.. Johnson took holH Of
ase helm of the ship Of state, and by skil1al
arrangements carried it through the storm.
When the gaie had partially subsided, and the
ARMIES had crushed ont all armed resistance, he
boldly announced his courss for the future and
his plans to secure the benefits Of peace and
prosperity to all sections Of the country. In
thus proclaiming his policy he was met with
bitter opposition in mary localities, and jeal-
ousy and distrust in others The Leaders of the
party which elected hiIas almost everywhere
advocated strenuous opposition to his
course. Officials holding hh,h positions in the
country travelled East and West North and
South, trying to AROSE the people and urging
them into ean antag3nism to the: Presidents
plan, and the walls os Fanedl Hall echoed to
the appealS of the revolutionary Jacobins,
who declared war of the fercast kind in Lam
guage bitter and acrimonious Party CONVEX
tians held stormy sessions; and party editsrs
divided and took opposite SIDES ON the qHes-
tons arising.
All this opposition had ne effect upon M.
johnson. He quietly yea energstioalls pushed
forward his work of reorganization, backed
as no. was by the inder andent presas Of the
country and the good sense Of the mascot tho
people, The South in the meantime bagan, TO.
recovar from theshook of battle, and rapidly
came forward with decla MtioHs.. Of aFqroval
and pledges to accept the Presidents policy In
sarnesti The politicians a the North soon
Jaw il tas signs Of the tiIses that, THEN fate
vas sealed unlesS they came forward and,sap-
ported Andrew johnson and the. measures Of
lis administration One chy, one the. party
leader announced their adhesion to that pro-
yrainme, until now we find the two great parties
qua rrelling with each othes, each. trying. TO.
prove to- the public that it is the most earnest
m Its declarations endorsing President, John
ION. The urgent appeals Of the Jaoobins are
lyf ng away and are fast being numbered with
The thiags OF the past Mr.. Johnson policy is
rug hing forward like the cataract of Niagara
ar Jun hG0at Island, carrying everything before
t. II is true that discordant tones ore. heard
le re and there, coming from the wails.of theo-
o tic politicians, who, borne along ON the.oar-
Q Mt, zee their doom awaiting them, and. con-
| nue. their rawlings in hopes thatsome- one will |
ome to their rescue before they are, preoipi-
ated over the precipice. But no person heeds
.heirtcries The good sense Of the masses, the
interests Of trade and commerce, the. welfare
and future prosperity Of the country, are
bound I'D in the success of the measures OF
accelerate the current This, bids fair 10
bscome so potent that even the, New England
representatives in the next; Congress will
hardly dare risk their opposition, but will
ante their voices in support Of the restoration
programme Of the administration
But the adjustment Of the Southern States
to the new order Of things is not the only
great work which President, JOhnson has to
perform during his term. ID Is, necessary,
however, that it should be brought to sue
cessfa issue first, as, the starting point for
whas is to follow. With the settlement Of that
question comes the, rearrangament Of our
finances on a more arm and enduring basis,
suited to peace instead Of war d will then
be the duty Of his administrator, to reOrganize
Mexico by the removal of all monarchical in
tapests and the establishment of q stable re-
publican government there. The American
people must also reconstruct the maritime
and international laws and make them
France ard IN accordance with the pro-
gressive events of this century. Such is
the mission Of President johnson, and the
success Of tho first part Of his work augurs
well for the future, and s0reshadows his CON-
plete triumph in every branch Of the work II
his life be spared. As already proven by the
attempt to Illustrate his policy in reference to-
the South, the appeals of the discontented end
discordans spirits win have no effect upon him,
and the politicians everywhere must rally, to
his support or be left high and dry on the
breakers or swept into obscurity by the rapid
progress Of events. To him the politicians
and party leaders win have to go or be
ruined. This is no work Of parties, but the up