CONDITIONS ON WHICH TILDEN RETIRED FROM THE "MORNING NEWS"

"S. J. T. retires--surrenders all his interest--is indemnified against

its outstanding liabilities.

"J. L. O'S. and H. G. L. (H. G. Langley) rearrange their proportion of

ownership. Hereafter to own equally. The difference of capital to be

equalled by credits to H. G. L., the necessary amount on his advances,

existing or prospective.

"H. G. L. contracts to devote himself faithfully to the business and

interests of the paper--to conduct with the utmost energy and fidelity

the procuring of advertisers.

"Failing to do this, he is to retire, giving O'S. all reasonable

facility to substitute some other persons on reasonable terms of sale.

All disputes and differences of opinion as to these stipulations to be

left to the decision of----"

The triumph of the pro-slavery party in the election of Mr. Polk

resulted in the revolt of Texas from Mexico, her annexation to the

United States, and a war with Mexico.

At the expiration of his term, Governor Wright was renominated almost

unanimously. If elected, nothing in the future appeared more certain

than that he would have been Mr. Polk's successor in the Presidency.

The reversion of the Chief Magistracy to such a formidable opponent of

slavery extension as Governor Wright, who could neither be corrupted

nor cajoled, was then regarded at Washington as a peril, to avoid

which no sacrifice was too great. The magnitude of the sacrifice of

Mr. Wright was as correctly appreciated at Washington, and by the very

men who were to offer it up as a propitiation to the demon of slavery,

as at Albany; but to the short-sighted vision of the statesmen then in

the ascendant at the national capital the political supremacy of the

slave-holding States was to be maintained at any price.

The influence of the Federal government was, therefore, all turned

against Mr. Wright at the Gubernatorial election in 1847, and it proved

to be sufficient to give a majority of some eleven thousand to John

Young, the candidate of the Whigs.

Mr. Wright, at the expiration of his term, returned to his home in St.

Lawrence County, consoled by the reflection that the evil consequences

of taking him from the Senate and making him a party to the faction

fights in New York had resulted as he had predicted--in disaster to the

party and in his own political destruction. He died within nine months

from his retirement.

The annexation of Texas and the war with Mexico which ensued resulted

in the acquisition of vast territories, sooner or later to be organized

into States, to be consecrated to freedom or to slavery. To open these

States to slavery and reinforce the slave representation in Congress,

it had become necessary to paralyze the Democratic party in New York.

The first steps towards this end had been taken in the defeat of Mr.

Van Buren's renomination for the Presidency, and putting a Southern

man in his place. The second had been taken in the defeat of Governor

Wright's re-election in 1847; the third, yet to be taken, was to

deprive the Democracy of New York of its legitimate influence in

Congress and the next Democratic national convention.

In this scheme the administration was entirely successful. At the

commencement of President's Polk's administration the Democratic

party was completely in the ascendant in New York. It had elected its

Governor and Lieutenant-Governor; it had a majority in both branches

of the Legislature, and a majority of the delegation in Congress.

At the expiration of two years its Chief Magistrate was a Whig, and

its Congressional delegation was reduced to a meagre minority. The

following year the whole legislative power of the State was transferred

to the Whigs by an overwhelming majority, and the schism in the party,

encouraged by the bestowal of all the patronage of the Federal

government upon the "Hunkers," had become irreparable.[12]

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