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"Twenty senators, recollect, who are to act in relation to interests deeply affecting you. Can you afford to erect such a government of blacks over the white men of this continent? Will you give them control in the United States Senate and thus in fact disfranchise the North? This to you is a local question. It will search you out just as surely as the tax-gatherer searches you out."[1145] [Footnote 1145: New York _World_, October 25, 1867.] Republicans acknowledged their weakness. An opposition that invited attention to disclosures as sensational and corrupt as they were indefensible had deeper roots than ordinary political rivalry, while the question of manhood suffrage, like a legacy of reciprocal hate, aroused the smouldering prejudices that had found bitter expression during the discussion of emancipation. Moreover, the feeling developed that the narrow and unpatriotic policy which ruled the Syracuse convention had displaced good men for unsatisfactory candidates. This led to the substitution of Thomas H. Hillhouse for comptroller, whose incorruptibility made him a candidate of unusual strength. But the sacrifice did not change the political situation, aggravated among other things by hard times. The wave of commercial depression which spread over Europe after the London financial panic of May, 1866, extended to this country during the last half of 1867. A reaction from the inflated war prices took place, quick sales and large profits ceased, and a return to the old methods of frugality and good management became necessary. In less than two years the currency had been contracted $140,000,000, decreasing the price of property and enhancing the face value of debts, and although Congress, in the preceding February, had suspended further contraction, business men charged financial conditions to contraction and the people held the party in power responsible. Indeed, the people had become tired of Republican rule, and their verdict changed a plurality of 13,000, given Fenton in 1866, to a Democratic majority of nearly 48,000, with twenty-two majority on joint ballot in the Legislature. New York City gave the Democrats 60,000 majority. Thousands of immigrants had been illegally naturalised, and a fraudulent registration of 1,500 in one ward indicated the extent of the enormous frauds that had been practised by Boss Tweed and his gang;[1146] but the presence of large Democratic gains in the up-State counties showed
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