A great deal that has been done among us of late, doubtless remains to be undone; but we are accustomed to changes of this nature, and they do not seem to be accompanied by the same danger here as elsewhere. The people have yet to discover that the seeming throes of liberty are nothing but the breath of their masters, the demagogues; and that at the very moment when they are made to appear to have the greatest influence on public affairs, they really exercise the least. Here, in our view, is the great danger to the country--which is governed, in fact, not by its people, as is pretended, but by factions that are themselves controlled most absolutely by the machinations of the designing. A hundred thousand electors, under the present system of caucuses and conventions, are just as much wielded by command as a hundred thousand soldiers in the field; and the wire-pullers behind the scenes can as securely anticipate the obedience of their agents, as the members of the bureaux in any cabinet in Europe can look with confidence to the compliance of their subordinates. Party is the most potent despot of the times. Its very irresponsibility gives it an energy and weight that overshadows the regular action of government. And thus it is, that we hear men, in their places in the national legislature, boasting of their allegiance to its interests and mandates, instead of referring their duties to the country. All large commercial towns are, in their nature, national in feeling. The diversity and magnitude of their interests are certain to keep them so; and, as we have already said, New York forms no exception to the rule. She belongs already more to the country than she does to the State, and every day has a tendency to increase this catholic disposition among the votaries of commerce.