It was long the custom to deny to Seward any good motive in a speech which he now delivered, just as it was to deny Webster any good motive for his famous 7th of March speech. But such criticism is now less frequent than it used to be. Both men were seeking the Presidency; both, we may fairly believe, were shocked by the turmoil of political currents; each tried oiling the waters, and in the attempt each ruined his candidacy. Seward's speech in condemnation of John Brown in February, 1860, was an appeal to the conservative North against the radical North, and to many of his followers it seemed a change of front. It certainly gained him no new friends and it lost him some old ones, so that his star as a presidential candidate began its decline.
The first ballot in the Republican convention surprised the country. Of the votes, 233 were necessary for a choice. Seward had only 173 1/2. Next to him, with 102 votes, stood none of the leading candidates, but the comparatively obscure Lincoln. A gap of more than 50 votes separated Lincoln from Cameron, Chase, and Bates. On the second ballot Seward gained 11 votes, while Lincoln gained 79. The enemies of Seward, finding it impossible to combine on any of the conspicuous candidates, were moving toward Lincoln, the man with fewest enemies. The third ballot gave Lincoln the nomination.
We have seen that one of the basal questions of the time was which new political group should absorb the Whig remainder. The Constitutional Union party aimed to accomplish this. The Republicans sought to out-maneuver them. They made their platform as temperate as they could and yet consistent with the maintenance of their opposition to Douglas and popular sovereignty; and they went no further in their anti-slavery demands than that the territories should be preserved for free labor.
Another basal question had been considered in the Republican platform. Where would Northern capital stand in the reorganization of parties? Was capital, like men, to become frankly sectional or would it remain impersonal, careless how nations rose or fell, so long as dividends continued? To some extent capital had given an answer. When, in the excitement following the John Brown incident, a Southern newspaper published a white list of New York merchants whose political views should commend them to Southerners, and a black list of those who were objectionable, many New Yorkers sought a place in the white list.
Northern capital had done its part in financing the revived slave trade. August Belmont, the New York representative of the Rothschilds, was one of the close allies of Davis, Yancey, and Benjamin in their war upon Douglas. In a word, a great portion of Northern capital had its heart where its investments were--in the South. But there was other capital which obeyed the same law, and which had investments in the North; and with this capital the Republicans had been trafficking. They had succeeded in winning over the powerful manufacturing interests of Pennsylvania, the pivotal State that had elected Buchanan in 1856.
The steps by which the new party of enthusiasm made its deal with the body of capital which was not at one with Belmont and the Democrats are not essential to the present narrative. Two facts suffice. In 1857 a great collapse in American business--"the panic of fifty-seven"--led the commercial world to turn to the party in power for some scheme of redress. But their very principles, among which was non-intervention in business, made the Democrats feeble doctors for such a need, and they evaded the situation. The Republicans, with their insistence on positivism in government, had therefore an opportunity to make a new application of the doctrine of governmental aid to business. In the spring of 1860, the Republican House of Representatives passed the Morrill tariff bill, consideration of which was postponed by the Democratic Senate. But it served its purpose:
it was a Republican manifesto. The Republicans felt that this bill, together with their party platform, gave the necessary guarantee to the Pennsylvania manufacturers, and they therefore entered the campaign confident they would carry Pennsylvania nor was their confidence misplaced.
The campaign was characterized by three things: by an ominous quiet coupled with great intensity of feeling; by the organization of huge party societies in military form--"Wide-awakes" for Lincoln, numbering 400,000, and "Minute Men" for Breckenridge, with a membership chiefly Southern; and by the perfect frankness, in all parts of the South, of threats of secession in case the Republicans won.
In none of the States which eventually seceded were any votes cast for Lincoln, with the exception of a small number in Virginia. In almost all the other Southern States and in the slave-holding border States, all the other candidates made respectable showings. In Virginia, Tennessee, and Kentucky, Bell led. But everywhere else in the other slave-holding States Breckinridge led, excepting in Missouri where Douglas won by a few hundred. Every free State except New Jersey went for Lincoln. And yet he did not have a majority of the popular vote, which stood: Lincoln, 1,866,459; Douglas, 1,376,957;Breckinridge, 849,781; Bell, 588,879*. The majority against Lincoln was nearly a million. The distribution of the votes was such that Lincoln had in the Electoral College, 180 electors;Breckinridge, 72; Bell, 39; Douglas, 12. In neither House of Congress did the Republicans have a majority.
*The figures of the popular vote are variously given by different compilers. These are taken from Stanwood, "A History of the Presidency".
