The Portland daily press., 1872-07-12
The New York Press on Baltimore.
LIVED AND DIED

The Tribune heads its account of the pro-
ceedings at Baltimore with two hands grasped
Editorially the Tribune says:
The result at Baltimore was evident before
the convention came together to register the al
ready published decree of the Liberal Republic
cans and Progressive Democrats. The conven-
ton was virtually unanimous The Presiden-
tial campaign is thus opened under auspices of
higher hope and encouragement than seemed
possible even to the most sanguine reformer
The work of Wednesday was so complete and
perfect, indicating that the full popular strength
OF the Democratic party so.thoroughly enlisted
in the reform movement that it is difficult to
see how any further doubt can rest upon the is
sue of the campaign. The Democratic party
has gained a triumph over itself worth more
than any material advantage which can ever
be reaped at the polls The blind guilds of
the past have been cast aside. The honest and
incompatible masses of that party have taken
into their own hands the work of their own re-
Mobilization. With no lessa magnanimity than
sagacity they have burst away from the old ira
ditions and worn oat prejudice and planted them
selves upon the platform of liberty and reform,
wide enough to embrace all honest patriotic
men. To fail with such cause would be
glory and gain. To succeed will be the great
est political victory ever achieved.
The World says: 'In faithful fulfllment of
the pledge which the World constantly respect
ed since its great disappointment at the surpris-
ing nomination at Cincinnati, we bow to the
decision of the Democratic National Conven-
ton and loyalty accept Greeley as the Demo-
cratic candidate for President" 1t says it has
objected to Greeley's adoption because his
fierce invectives against the Democracy will
make it difficult for the Democrats to turn q
short co. ner and support their most vehement
assailant. We deprecated the nomination of
Greeley because his denunciations seemed to
make him the most unpromising connecting
link between the hide-bound Democracy of the
past and the liberal, progressive Democracy of
the future, and we still believe that the party
has no chance of success unless it can carry this
element along with it. Greeley election de-
ponds upon the support of that portion of the
Democratic party which would never have pro-
posed him as a Democratic candidate. 1t dep
recates abusing the anti-Greeley Democrats
and says unless these can be won over, the cam
paign against Grant is utterly hopeless. The
great object is harmony and unanimity.
The Times heads its account "Midsummer's
Madness "Last act of the Democratic Bed
lamites" Editorially the Times says that no
one can now vote for Greeley under the delu-
sion that in this way Republican principles are
to be advanced. He cannot expect the support
of any considerable number of his fellow citi
zens, who do not approve the purposes and SYM
pathize with the spirit of the Democratic press.
There is not single Democratic tendency to
which Greeley in his present attitude opposes
the slightest resistance. There is not single
element OF Democracy against which Greeley
in his present position dares offer the faintest
objection. He stands before the country, his
lips sealed to any utterance of warning con-
corning the great and numerous evils he has
justly taught the country for years past to ex-
pect from the supremacy of the Democratic
party. Greeley cannot obtain the support of
all the party whose candidate he is. Not all
who believe in Democracy believe ig him. The
better class of Democrats repudiate him. They
desire the supremacy of Democratic ideas sim
cerey and are not ready to trust those ideas to
the man whom they regard with suspicion and
contempt. They see in him but the tool of
men who have brought Democracy to disgrace.
They are not prepared to give their votes to
candidate who Possesses none OF the attributes
of sincerity, conviction, honesty OF purpose, cons
sistency of personal character, but whose glar'
ing infdelity to his own party forbids them to
expect any loyalty to their own. He is now
the Tammany candidate and as such the voters
OF the country m ust decide to aid or defeat him
The LATE PANIC IN THE GRAIN MARKET
The recent news of the failure of three prom-
nent houses in Chicago for an aggregate sum
of one million dollars, caused by sudden and
unlocked 1or decline ~ the prices for oats and
corn, suggests review of the case. A few
months ago an extensive corner was made in
grain at Chicago; prices went up rapidly. The
farmers no ting this, held back theirs oyops for
rise. The prospect for this years crop at that
time was not only uncertain, but looked like a
failure Parties from Boston and New York
could find no grain in first hands. The corner
was full aud obliged to unload immense guam
titles were sent east, which broke the market
At the same time the plant which had been
greater than for fifty years before showed prom
ise of a superabundant yield. Oats in the
Eastern market that had gone up to about 10
cents before the drop, are now selling at from
AS down to 80 cents, and corn in proportion.
Some of the railroad corporations who went in
| to the pInp LARGE losers,