The New York herald., 1874-11-09
THE POLITICAL REVOLUTION.
What the Grain and Cotton Men Think
OF the Democratic Victories-The Dawn
or Hope for the South.

w nut tho Anu NOttOn NA0M nAhA
OF the Demoe ratio victories--Ths Dawn
or Hope for the South.
The grand victory OF the democracy Is sti the
chlel topic or debate among all classes In the
clubs and counting houses, the exchanges and
offlces throughout the whole country. the wonder
iul political revolution. which virtually changes
the administration OF the government, Is
the one absorbing subject which tempora-
r.y oversnadows all others. AS the HERALD
has been the recognized leader OF advanced
political thought, and long ago indicated the is
sues which must be decided during this campaign,
so It's correspondents since the election have been
busy gathering the views OF prominent politicians
throughout the land as to the effect Of the recent
victories on the next Congress, while herald re-
porters at home have been among the merchants
TO ascertain how trade interests are likely TO be
affected by the shifting OF power from the great
party OF the war into democratic hands.
On saturday q representative OF this journal
waited on
THE PRESIDENT OF THE PRODUCE ExcHANGR,
MT. Franklin B. Edison, TO ascertain his Views.
That gentleman replied as folows:-
~ do not look for any immediate eject on
trade as result OF the late elections. Business
In produce circles had been steadily improving
before the late contests, and think 1t Will con.
tnue. II is possible, however, tnat as a result OF
greater confidence In the men who are soon to
administer the government, new enterprises may
be developed and increased prosperity dow from
this cause alone. IL is yet too early to hear fro
the South and West, but l think the country
should be congratulated that the voters OF the ma
rion have proven themselves to be so wise as to
have grasped. with suoh wonderful unanimity
the grave questions put TO them for decision
by the press and to have decided them In.
tellgently. have much greater respect for
THE AVERAGE AMERICAN VOTER
than ever before. thoughtful men got tired, year
after year, OF having the Ku Klux and White
League spectres marched out to awe them
into voting for the administration, SO
term appealed to tnem they decided it
country VINO reads the newspapers was fright.
ened at the idea OF the Republic beng governed
year oy saa ,ae and
country and the conditiOn OF the south, ready
explanation may oe found OF the recent victory.
| think the luture Is fuii OF cheer"
| THE PRESIDENT OF THE COTTON EXCHANGE,
Mr.. Henry hen1z,. was visited ne said:-.I
suit OF the election Is hailed IN the Sou1h
IN sf
and Jubllatlon. 1T Is certain that the southern
people View the victory as friendly to most gen.
erOus treatment OF themselves. l consider the
NEW YORK HERALD contributed in no inconsller-
able degree to the grand result. Its exposure OF
issue on which the people were eager to place the
stamp OF their condemnation On Immediate busl-
ness it 10 hard to tell what the efect Will be. The
country just now IS poor and IL may be next
spring before great revival will take place in
trade but certainly the recent victories lead
to believe that the future s full OF PROMISE"
PROMINENT REPUBLICAN,,
a member OF the Cotton Exchange and formerly on
the star or Governor Tod of Ohio, said:-
sGrantlsm mas gone TO seed-played out dead
rebels during the war. but che former rebels are
the only people would trust in the South to-day.
All tney want now to make them prosperous 1s the
military hand Withulawn, and they view the late
expression Of the North as meaning justice and
equality.
L. p. BAYNE THE BANKER
OF Broad street. who Is largely identified with
southern improvements said :--' The recent eec-
tOns can only be viewed with pleasure by every
patriotic gentleman. met prominent represen-
he told me that .he felt thrilled with patriotic
ardor ana iraternal feeling for the North,
the nrst time in ten years. when he
heard or the grand vote which had given
the democratic party n,nn xlctory' AS for for
Republic. and felt that constitutional liberty was
endangered under the military ideas OF Grant;
corruption was the rule and honesty the excep-
tion. As sure as the republican ticket had been
elected we should nave had startling spectacle
and the distribution OF patronage Tor the purpose
of favoring the Presidents views would
have been q humlltating spectacle for re-
publican America. AS It ls now, II the democrats
tion on the great questions aGitatlng the country,
ierred upon them. The North has at last been
just To the south. Now let the South do her d1ty
in all things, and we shall have country one in
deed, more glorious than ever tile sun shone