The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-11-18

THE PRESIDENTIAL RAcE-CHasE AND aRAET-TH
COMING STRUGGLE FOR TIE MAyoRALTY-A COOL
TINE coMING-PnEssURE FOR THE REPEAL OF TH1
COTTON TAX, ETC.
New YORK, November 1S.-Chief Justice Chase
has been here ostensibly to receive his daughter
Mrs. Senator Spragu,, on her return from Europe
but really to feel the political pulse and see wha
his prospects are for tho Presidency. At dinlers
| to which he was invited be met tbs prominent
Radicals Of Now York, and commented on The
pros and cons Of the situation without much re-
serve. He did not derive much comfort from his
observations, however, for the Republican IN current
IS drifting toward Grant, and Chase found his OWL
81 OK much below par The only cons -lation he
got was the assurance that he is in every respect
an abler man than his rival and that If questions
of expediency did not demand uncommon conside-
ration, he would certainly be chosen STANDARD d.
bearer OF the party. The Republican leaders here
admit that their party is uEder grea er obligations
10 Chase than TO any other man in the country,
and they would not hesitate moment about
p,edging him their support if they did not feel
that Grant is far more Available as Presidential
candidate.
THE GRANT MOVEMENT.
or the four Republican dailies published in New
York, only one-the Trbune-is in favor of Chase,
and even that one will drop him and to e up Or mt,
il the latter be got to commit himself evon half
way to the Republican policy. Greeley is only wait
lns tor Grant to define mis- position to either carry
Times, Po and Commercial are ready to support
Grant on his present record and Will stand BY him
all through, unless he comes out fatty against Radi
cslsm, and they do not anticipate that he will do
anything OF tho sort. The Herald will support him
as the nominee Of either party. for Belnet was the
first to hoist his name and he says he will stand by
him on his personal merits. il is now understood
that Dana's paper which Is expected to come out
about the first Of Decem ber will take Grant on its
shoulders at once, though the first intention os its
projectors was to IN ke it Cha organ. All the
clamor for Grant springs solely from the knowledge
that : ne people will not support man OF extreme
views like Chase. vi the exception of q few like
Thurlow Weed, the leaders would prefer Chase to
Grant, but the late elections taught them the dam
ger Of running outside OF the Constitution, and
they are now anx us to get inside and will try to
stay inside until af.er the Presidential election, ut
least.
TIE MlYoRALTY CONTEST.
"Who shall be our next Mayor 2" is a question
that engages more attention among local poll
ticians than Grant, Chase and the Presidency
combined Two able candldates-Hofnan and
Wood-are already in the field and there will
probably be third and fourth before many days.
II the Republicans nominate an exit eme Radical
he will run far behind tho vote cast for N lrshal
cratic candidate enters the field, the Democratic
vote-85 000-will be pretty equally divided be-
tween Hoffman and Wood The waole Republican
vote in this city last week was only 2500O, so that
Republican candidate stands no chance what
ever OF being elected.
DEMOCRACY AND Low PRICES.
Evar since the Democrats began the victory
business there has been steady decline in ices,
which is contrary to all the predictions oil what
would be that were made by Radical prophets be-
.ore the elections. Gold has trmbel down from
145 to 1873, and dry goods are so low that it does
not cost much moro to dress now than 1t did before
the war. At the clothing houses on Broadway and
49, on
almost as cheap as they were five years ago; and
in every lusL ess street piles Of dry goods ticketed
from 81 to 100 per cent. below the prices asked for
the same goods in 1866. Calicoes at l2l cents Q
lard; muslins at 10 TO IL cents delalnes at 10y
cents; Dire 8 goods frcm 25 to 90 cents, and all
kinds Of costlier fabrics at prices that indicate
heavy loss to som one. The decline is severely
felt by importers, jobbers and agents, and some OF
them are out oil pocket to the tune OF sou, O,OOJ to
900 by 1t; but it Is very advantageous 70 the
working classes, for it enables them to maze
dollar 60 as far in dress as two went last year.
Groceries and rents are still high but with these
exceptions, il is much cheaper living IN New fork
now than it has been for three or four years; anu
Judging by the number Of houses gong up, there
ought to be sharp decline in rents next year: Ii
We continue the victory business next Fall, eX-
pect to see prices very near the old standard soon
after.
THE COTTON TAX TO BIZ REPEALED.
A strong influence will be brought to Bear on
Congress Of the Coming session, to effect the re-
peal II the tax on cotto. The principal merchants
and cotton manufacturers in New York and Other
cities are known to be in favor of repeating tins
onerous tax, and they will make concerted effort
to have it re2eaei as soon al Congress. gets to
work. An assoc alton to effect tins object Las
been organized, and committees will got Wosh-
lngton xt month to make proper representation
# the Injurious effect Of the tax on the cotton in
terest both North and South. Southern men who
have been in New York this season declare that
with the present tax the staple, it will be I'M
possible for planters to mako any profit on their