The New York herald., 1868-04-09

| teTHS, anu Carl NODle, cnaTgeO Will eIuDclluuS,
| was remanded for sentence.
| The stock market was dull and heavy yesterday.
Government securities were strong and active.
| Gold closed at 1887.
| The Coming Presidential Contest-Admiral
Farragut the Ticket for a Conservative
Alliance.
The general result of the late Connecticut
election shows that the republican party, in its
mad career of radicalism, cannot hold its
ground even under the victorious banner of
Michigan on the question we see that univer-
sal negro suffrage, as in Ohio last fall, breaks
down in the strongest Western radical States
In looking about us we see the same general
symptoms of restlessness among the people
and of desire for change in "the powers
that be I" that were visible towards the close of
Van Buren's loose and disastrous administra-
ton. The financial revulsion of 1887 and its
calamitous consequences, and the reckless ex
travagances, frauds, embezzlements, deficien-
cies and defalcations of the democratic spoils-
men under Van Buren, swept him and them
wind But what were the official corruptions
and spolations of that day compared with the
schedule of this reign of radicalism? Mere
trifes. The contrast is appalling. Itpresents
us the difference between scores of millions in
expenses and debts and thousands of millions
the difference between an exemption from direct
federal taxes and hundreds of millions in direct
assessments and the difference between hun
dreds of thousands lost to the revenue in frauds
and embezzlements and many millions in whis-
key frauds alone and so it is no wonder that
the people are beginning to cast about for new
departure.
But all these differences in our debts, taxes and
expenses, 1t Is said, are chargeable to the late
destructive and exhausting Southern rebellion.
In general sense they are, but when we come
to details they are not. There is no excuse for
the official wastefulness and squanderings nor
for the plunderings and extortions from the
people which they have now to endure. They
are beginning to understand it and are pre-
pairing to act accordingly with the first fair
opportunity. Above all, as we have seen from
numerous experiments, East and West last
year and this year, the people Of the North do
not like this radical policy of Southern recon-
struction, with its radical sine qua non, to be
extended all over the Union, Of universal negro
suffrage. They do not want IL and they will
not have it. And yet the democratic party, the
only existing organization which the opposition
elements have the alternative to support, is
party so obnoxiously mixed up with the rebellion
that of itself il can do nothing, and the appear
ance of copperhead at the head of demo-
cratic column is enough to swamp it.
Hence the difficulty among the democratic
managers of finding Presidential candidate
to cope with General Grant for all the acknow-
lodged leaders and shining lights of the party
are more or less tinged with copperheadism.
In some the virus is strong and dangerous, in
others il is diluted and innocuous but even
dilution is repulsve to the great Union party of
the war; But If the democratic party
could only detach itself from copper
headism and identify itself with the
Union party of the war IL would at
once rise to its feet like strong man released
from prostrating burden of chains and man
acles. Why not? The experiment tried in
Connecticut is great success, while copper
headism, given the reins in New Hampshire,
has proved signal failure. Some Of the New
Hampshire democrats from their late defeat are
learning the secret Of success. They have hit
upon it in the proposition to abjure copperhead-
ism and to cultivate the popular Union elements
Of the war. They have also hit upon the very
man Of all men for this purpose in proposing
Admiral Farragut as their Presidential candi-
date for the succession.
He is the man, and perhaps the only man,
who, as the opposition standard bearer, can
neutralze the universal war popularity Of
General Grant and fairly divide the Union
forces Of the war with him. Admiral Farra-
gut has in high degree the qualitiw and
qualifications Of popular candidate, BE is
an intelligent, modest amiable, uprighS man.
He is an exemplary man in all things, and ID
vigorous, robust and wholesome in body and
mind. As our great naval hero of the war he
looms up in the boldest relief. Nelson's battle
Of Trafalgar was grand and glorious AFFAIR
but IL becomes tame and comm onplace com
pared with Farragut's battle below New
Orleans, fighting his victorious way, with hi
| wooden ships, against granite fortresses ant
supporting land batteries at short ranre or