The Length of the War.
--Lincoln's Secretary of the Treasury, Chase, who has been making a tour Northward of late, with a view, as is believed, of securing the Presidential succession to himself, made a speech in Boston in which he is reported to have said:--‘"I really think I do not risk much in saying that this war now approaches its termination."’ To this the New York Herald of the 5th, replies:‘ This is the same music we have heard for the last two years--the identical tune played by the Secretary of the Treasury in Wall Street at the commencement of the war. And yet, according to all human appearances, the end of the war is more distant now than the most desponding believed it to be at the time of the first great uprising of the North in 1861. In truth, the conflict seems only to be beginning, instead of drawing near to its termination. It is more than possible that the radicals contemplate an early peace by a division of the republic on the line separating the slave from the free States. But this is not the policy of the President, and there are others besides the radicals who have got something to say on the subject. The conservatives of the loyal States will not permit any such arrangement, and, if the war be not brought to a close — as it is probable it will not be — at the end of Mr. Lincoln's term, the great party who will win the succession in the election of 1864 will take up the quarrel, and prosecute it with a vigor compared with which the campaigns of the last two years will appear as child's play.
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