Year: 1866



 broad domain of the American Uniony with increased vigor. We have a req sonable hope of such consummation. The panic evinced by the Jacobins, at the call for the Philadeldhia Convention, Is q good sign. The call for convention to appoint delegates, by the leading capital ists of the city of New York, is another. These same capitalists sustained the war for the Union, when it was brought to a bloody issue They have now become alarmed for the result of the crusade which the Radicals have inaugurated against the Union, and the rights which are acknowl- edged by them to be derived from it's exis- tcnce and perpetuity Their property rights begin to be a serious question of scrutiny and apprehension with them. Ja- cobinism, as illustrated by Radical rule, has shown an utter disregard for property rights in its whole system of legislation Wenee not particularize, since Wander bilt, Astor, Stewart and other New York capitalists have lost confidence in their management. It is enough to know that these shrewd and sagacious millionaires no longer trust the policy of the wild and reckless leaders of the Destructives. That ship must be in sinking condition which IS deserted by these ancient rats. We say these arc suspicious signs. The opin- ion is spoken without any pretension to an intimate knowledge of Northern opinion. But in view of the circumstances stated, and in consideration of the fact that cer- tain anarchy must follow the successful canvass of the Radicals, upon their un- charitable and proscriptive policy, we have q right to conclude that it is not manly to "despair of the Republic" npon such is sues as are now presented to us. The Radicals will scarcely dare to attempt revolution in the face of success of the Conservative element in tho coming cleo tions. There is general apprehension that they are not satisfied with the result of the late war; unless they can thereby grasp unlimited, absolute and perpetual power. If they succeed in the latter al formative, they whelm in ruin the financial interests of the country, as well as the per sonal rights of the Southern people.

 They achieve revolution of the Gov ernment from Republican to Oligarchical- They proclaim themselves dictators without regard to the Constitution. Can con- merce flourish under such a system? Can laws be equally administered, when the balances are adjusted by such hands Can peace and order and prosperity prevail, wlrilc hatred, malice and revenge hold the helm? Can Government administer impartial justice, when halfit citizens are prescribed as traitors and malefactors Gan republicanism be said to be alive when. the majority are stigmatised as unworthy to be trusted? When the majority be- come attainted and under the ban, and the minority, by usurpation, so decree, is not Democracy dead? ,? The majority, under these circumstances, must either succumb to the Oligarchy, and confess the death of Democracy, or they must assert the rights of the Democracy, which are the rights of the majority. This will be the alternative presented by the triumph of Radicalism. We sincerely hope that tho people of the North will never allow such an alternative to be presented to the people 1T Memphis Commercial.