Parties in the United States are beginning to organise them-
selves for the next election. The Democrats have resolved to support Mr. Tilden for the Presidency, provided his health will allow him to accept the nomination, and the Republican leaders had intended to give General Grant a third term. They sent him abroad, to be out of the way, and they are organising a "triumphal reception" to meet him at San Francisco, and escort him to his home in Illinois. Mr. Sherman, however, Secretary of the Treasury, has attracted such favour by his judgment and success in converting the Debt, and by his general financial management, that a large section of the party prefer him to the General. It has indeed been proved at some recent caucus meetings that the numbers are pretty equal, and that if either side is obstinate, it may be necessary to start a third candidate. Under those circumstances, it is quite possible that President Hayes, whose immovable firmness about the currency has earned for him general respect, may be prevailed on to accept a second nomination. His Government hitherto has been fairly suc- -cessful, and unusually respectable. No Cabinet Minister under his Presidency has been charged with stealing, forging, or cheat- ing Indians out of their blankets.
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