The Cincinnati Convention

"Wlieu Mr. Greclcy said, in tho Tri thnt tho Ciuoinuati Convention "maij prove a fiasco, and it may dosignato the iicxt President of the United States," Lo did not discredit lds reputaticn i'or politj U voracity. If all the Büpublican clemente of opposition to President Graut p.hould be fully represented at the Cincinnati Convention, it will be one of tho most cont-rolliug political assemblages that ever mot in tho United States. Aa regards the Ctncmuati Con vontion, tho Democratie party occupies tho posi ■ tion of spectator?. T;i:it convoution will reprosent a soliism in the Republican party, which Demócrata must loavo to bo fought out within the Republioan ranis. If tho F.epublican recalcitrant can defeat the renomination of örant, that is an affoir of thuir own, with which Dcmocrats have no right to interiore. i1 ehould, of oourse, regret to seo Grant defeated as the Republioan candidato; becauso almost any other solection would reuhite the ltipublican party, and impair tho chances ot' a Doiuocratic victory in the ensuiug Presidential canvass. There is nothing which the Democratie party so rauch dosiros as the 8UC088S of Grant in the Philadulphia Convention, whioh ■n-ould givo us the advantage of fighting against one süctiou of tlio Kepublican party, instead of the whole of it. Viewing tho Cincinuati Convention merely as outsiders, Democrats aro porliaps betlcr judges than tho participauts of what is necessary to mako the niovement potential. As yet, its basis is not broad enough to givo it a predominunt influenco. A cali issuod by tho dissatisfied Bepublioana of a singlo St;ite (Missouri) laoka moral and political iniluonce. Tho cali noeds to be strongtUened. It neods to bo backed not merely by tlie anti-Graut llepublioans of one State, but of alT tho Status. Weloarn, f rom a very nuthentic soixreo, that a movement is in contcmplation for giving the Cincinnati Convention this kind of indorseuiant. If wo are uot misinformed, a manifestó will be issuod in suffioi-jnt soason beforo tho Cincinnati Con vontion moets, numerously signed by tho anti-Grant Republioa&s of all tho States, calling upon honest men of the party to send representativas to that asfiouiblago. This manifestó, as we understand, will be deferred until after the New Hampshire and Connocticut elections. If Granl is defeatcd in both of these States, liis Republican eaetnies will take eouragt', and the Cincinnati Oanvention will be formidable eunugh to ] i . Grant's nomiuution at Philadelphia. But if Gruiit'sfricnds should carry New HampBhire and lose Coimectieut (and thoy are certain to loso Connectieut) the Ciucinnati Convention would bo less bold, and merely, preparo a bolt against Grant's nomination instoad of expecting to defeat it: But lot the Bpring eloctions in New England turn out as thcy nmy, the Oincinnati cali will be atrengthuned by a manifestó numerously signed by wellkaown Iiepublicans in all the States. For the llopublican party the crisis is n gravo one, involving notbing less thau the dissolution or continui'd existeuoe of the party. This question will bo virtually decided by the Cinciunati Oonventiön ; and tho ptoapeot that the Missouri cali ■will be re-ent'orced by a great number of eminent Bepubluians in all thu other Status, will causo tho meeting and the proceodings of that body to bo watched with unusual interest.