The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-10-29

ed The Convention numbered only about one hundred
| persons
The Baltimore radicals still threaten to resist tho no
moval OF the Police Commissioners Of that city.
| The Juarcz government OF Mexico Is said to have
confirmed the laud gralt OF Lower California 70 tho
American company.
George D. Prentice editor Of the Louisville Journal Is
seriously III and is not expected 10 recover
Rstor Boston yesterday. and WAS visited by
many OF the principal citizens at the Revere House
|
The Next Presdency-Thc Parties and TheIr
Candidates.
The really vital political question for all
d lrties lies beneath the discussion and turmoil
of the hour-it is who Is to be the next Presi-
dent. Politicians rage on every topic and as
sail one another each after his own peculiar
frenzy; State canvasses are carried on and
fought out apparently on local issues, but I'M
derncath all-shaping, directing and control
| ling all-lies the paramount question Of the
Presidency. All the astonishing vagaries and
ex.ravagances into which the politicians are
running-all the unexplained pieces of vim
dictiveness at this or that public man--have
reference to this topic and express only tho
hopes or fears Of one or another faction in re-
gard to como candidate. The Presidency is
now the clue that runs through the laby-
rinthine m9zes of political intrigue, though
this fact will not be fully developed before the
next session of Congress.
The struggle for the Presidency will be tri-
angular fight between three great factions. The
democrats will have their candidate, and The
republicans, divided into radicals and conser-
tsvvnr xvsn 49, r.. -
Mr.. Chase, who has never relinquished his
hopes for the browning glory Of political
career, will develop the creates. strength as
| candidate with the radicals-more especially
In virtue Of arrangements in the national
banks, which were created by him for this very
purpose. II Is hardly possible to estimate ex-
actly how much old timber Mr.. Chase has
strength in the banks, for probably very mary
of his arrangements made in the department
when he WAS In power are still intact The
only question as to a radical candidate lies be-
tween Chase and Butler; but Butler will nm
doubleday make way for the stronger and
bolder man, with that accommodating DISPOSE
ton that has marked his conduct on so many
memorable occasions. He will agree to take
place In the Cabinet. To be contented with
little honor Is his most admirable character
istic.
Grant will be the candidate Of the coDserva-
tive masses Of the republican party-the SOL
diers, sailors and patriots Of all sorts-the
whole body Of the people that carried on the
war and put down the rebellion, and that equally
detest tho extremists Of every stripe. He il
already recognized In all quarters as the in
evitabie man. Hence, even before the polih-
clans judge II advisable to let the people know
the direction of the currents, leave has been
given to all the small dogs to snarl at the great
standard bearer. Tray, Blanche and Sweet
heart have taken up the cry with all their pretty
little feroeness, and 1t will 60 hard IL some
body Is not frightened at it. This ID the ex-
PLANTATION Of the latest diatTibe against the
hero But that sort Of tactics IL likely to recoil
! on lis inventors for as Mr.. Wendell Phillips
has abused and s.igmatized in turn every man
| that has possessed the love and admiration Of
the American people. from George Washing
ton to Abraham Lincoln, the people will
naturally look for his abuse "a the gauge Of 3
mans goodness and greatness, and would GER
tainly suppose that . candidate was not worthy
OF honor-was without moderation or any re-
speot for the laws--h that wonderful scolder
had not called him o scoundrel. This early
radical skirmish fire shows how clearly the
radicals perceive the position Of their most
| formidable opponent. II shows how clearly
they see that the popular instinct inclines to
deposit the executive power where they can
tho least manage or control il,
The democrats have their candidate OF pas
turage In the rariied atmosphere OF the noun
tain lands Of Europe. General Mcclellan has
been kept far away nom political contests
since the last Presidential election, and has
therefore done his party no harm. He has had
abundant time fol. REELECTION also, and viii
como out fresh, perhaps strong man. He
may have olearer eye Or political combine
lions than when he was 5cllded by the Chicago
temptation. It Is possible that tho democratic
nomination may be complicated by the intro
duotion OF General Sherman's name. In that
event 1t will be . close dispute between the
friends Of tho two soldiers; for while on nero
question Of military glory and the quantity Of
laurels Sherman would have everything to
McClellan's nothing, yet the democracy win
certainly remember to Shermsn's prejudice
that he did great deal toward putting down
the rebellion. This will make the claims Of
the soldiers more nearly even.
Such are the candidates a. The divisions
now stand We shall see the struggle between
the various factions developing itsclf more
openly % soon as Congress assemblies.
4
Tue PAPIR MosoPoLY.--Tbc high price OF
paper, next to tho high price Of bread, is per-