New-York tribune., 1868-06-26

in showing that Negro Suffrage has rendered
necessary greater military force. So far from
it. the South has not been so nearly
Mt peace, especially between the white and
black races, for fifty years past, as since
the Blacks began to vote. Not only did the
elections in all the States pass off without vio-
lence, but the same Democratic politicians who
a few years ago, were threatening the eXter-
mination of the negro race if they should be
allowed to vote are now making courteous
sDrcches to the Blacks TO WOO them to the sup
mort of the Democratic ticket Meanwhile these
States are returning peacefully into the Union
and Gen. Grant, who Is a far better judge of
the cost and need of military operations than
Gov. Seymour, states that the sooner the Union
is restored on the policy of Congress the
sooner the Army can be reduced, and our ex-
Denscs brought back to the StGtu quo ante bcttHm
While we must look at Gov. Seymour's spe-
cifc for the national ills as a bit of harmless
Guackery, we admire the ingenuity with which,
like n good doctor he strives to make ms pa
tient duly sensible of his miserable condition.
lie reminds the West that that section furnished
too many men during the war, but he
neglects TO inform us whether the South
furnished too many men, lie reminds
the East that it has been cursed by a depreci-
ated paper currency, and laments that the
West has not had as much of this curse as 1t
needed to give it prosperity. One would thlnh
that if our paper currency were an eVll thc
less the West had of it the better. He tells lis
that we have two kinds of currency, gold for
the bond-holder and paper for the laDoferi
but in the next breath he states that as
nearly all the debt is held by saw
ings banks and other trust companies as
trustees for the aboring class-there being
2.5OO,OO0 laborcrs thus interested in the national
debt-therefore the bOndholder and laborer are
one. His statement that the soldier, pensioncr,
or laborer who takes paper dollar loses cach
time fourth of its value, Is an error so trans
parent as to convict its author of either gross
stupidity or recllessncss. Soldiers wages, pen
sions, and rates of labor all rose III nominal
amount as paper deprecated so as to remain
of at least as great gold values. If we had
never left the gold standard the laborer who
now gets S. day in paper would have got
but 80 or.Sl 80 in gold. Whatever the evils OF
our financial condition, they cannot be cured
by CxaggeratiOn.
Gov. Seymour truly says that our bonds and
currency are deprecated, because ON national
credit is impaired. TO his questions, why 1t Is
so impaired, and why we are now paying SIX
pcr cent coin interest on a debt of $500
100000. we answer. it is because the Demo
cratic party was so numerous and powerful
that when, in the year 1860, it reheed against
the Government, and fought to dissolve the
Union, it cost the loyal people a million OF
lives. and twice the amount of the National
debt, and four years OF carnage TO suppress 1t.
Had the Democratic party been fewer in num-
bers its rebellion would have been earlier sup
pressed.
We sympathize with his regrets that Prcsi-
dent johnson has been so manaclcd that he
can no longer punish crime or protect inno-
"ccncc;r but our grief is assuagcd by the
thought that he can no longer punish innocence
or protect crime. This cloud, at least, has
lining of very pure silver.
His statement that the tariffs have swept
away all American ships does injustice to
the achievements of those gallant Democratic
privateers Lynch, Semmes, Maury. Driine, and
the rest, who, supplied By BRUSH traders
with the means and encouraged by Northern
Democrats platforms with the motive to carry
ON thcir warfare, either captured all American
vessels outright or compelled them to sell out
or register as British vessels Such agencies
may be styled tariffs 10y speakers whose ora
toIic license approaches that of Gov Seymour,
but they were tariffs of wholly Democratic
origin.
Looking at Gov. Scymour's speech as the
opening act in the drama of the Democratic
National Convention it has merits which, as
political argument or oratorical effort, it would
not possess. BY seeking to rally the Conscrva-
tive Democracy on the single point of hostility
TO the Reconstruction policy of Congress and
TO Universal Suffrage, it aims to demolsh
whatever feeble efforts may be making To
nominate Mr.. Chase, and, by opposing the re-
pudation theories of Pendlcton, it attempts to
consolidate the Democracy of the Eastern
States in opposition to the more reckless and
irresponsible politician of Ohio. In short, If
the Democratic party really agree with his
speech, they must nominate Mr.. Seymour, since
no other available candidate occupies the
same position. We regard the effort
as bold and well-time bid by Gov.
Seymour for his own nomination. Whether the
Western influence will be strong enough to de-
feat il remains to be seen. There is ample
time for similar illumination from Mr.. Pcndle
ton. And perhaps Andrew Johnson might be
persuaded to make few remarks, in his capacity
as private citizen.
The N. y. Times recently resented with n
show of feeling what it assumed to be our in