The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-04

The stock market was variable but dull yesterday.
Government securities were strong. Gold closed ut
1885, 1887.
The Presidential Election-The Grand Re-
suit md the Prospect.
| The battle is over and the victory won.
Grant and Colfax have been chosen by the
people of the United States our next Presi-
| dent and Vice President From the returns
before us the republican majorities in the
! States voting in October are increased, and all
the Northern States east Of the Rocky Noun
tains, except New York and jersey we think,
may safely be set down for Grant, and, with an
exception or two, by heavy figures. AT the
hour of closing up for the press the indications
one in this State, with the chances in favor OF
Seymour and Hoffman, but they are better for
Hoffman than Seymour. New Jersey, as far
as reported, wears democratic complexion.
Beyond these generalites we have nothing
more on the Presidential ISSUE But
they settle the great question. The
republicans hold the field and re-
gain the White House. The democratic
leaders flung their chances Of success over
board when they made their feeble nonina-
tons In July last, and more especially when
they brought prominently forward as delegates
and stump speakers men from the Southern
States stepped to the lips in disloyaity to the
| thousands Of our Union soldiers laid down
| their lives to preserve the life of the nation.
! With tao candidate the democracy selected to
carry their standard nothing but defeat was
to be expected, and we suppose that
not even the most sanguine mem
Der Of the party anticipated any other ter
mination TO the contest than the election of
General Grant. 'T4et US have peace" is his
| motto. We look now to see these words con-
verted into acts-to see the Give branch sub
stituted for the sword in the Southern States,
| negro supremacy quietly superseded and such
measures adopted as will create harmony out of
discord in that genial and fruitful portion of our
from mistaken and vndictive policy. We look
also, and hopefully to this that after the 4th
OF March next there viii be check put upon
the monstrous corruptions which prevail in all
the departments Of the government, that |
economy shall succeed extravaganza in the
disbursements Of the public funds, that the
public debt shall be reduced as rapidly as pos
sible and that the taxes which press upon the
people shall be made more easy to bear.
The people expect that General Grant win
accomplish all this, and II he fails to do SO he
will not have completed the purpose for which
he Is elected. But we have great confidence
In General Grant.
The tumult OF the conflict being over, the
flags are furled and men fall back again into
their ordinary vocations as calmly as though |
the country had not passed through any great
crisis within the last twenty-four hours. This
is alike the beauty and the peculiarly Of our
political systcm-a system which foreign
nations, accustomed to see changes of gov
ernments and dynasties wrought through |
NJ lnnk ~.xsS
wonder and with envy. Yesterday men met
at the polls to express their preference for
their favorite candidates. Their passions may
have been hot, their aspirations hopeful, their
opinions dissentient; but to-day they submit
peaceably to the verdict Of the majority, as
they always do after great contest, and that
is the end Of it. Despite all the anticipations
Of riot, and 30 forth, there never has been
more peaceable election. The stump Is de-
serted, never to know its Presidential orators
for four years more. Party professions will
be disbanded, torchlghts will be ex-
tinguished and bands Of music must find
their occupation in the ballroom for the rest
of the winter. This is well, but the public
viii look to General Grants for just and
economical administration at home and q
widely enlarged influence in the affairs OF the
general family Of nations. We think, too,
and the country viii not be disappointed,
~Iuxr kn rntn ~
radical faction in Congress.
senator Sumner ON Specie Payments.
Senator Sumner is performing a new r6,e.
He has Jumped the financial hobby and de-