Valley Spirit

We have been unable to obtain the official table of the vote in Franklin county. The return Judges met on Friday last and after counting off the vote of the several districts adjourned to meet again on the second Tuesday of November to count the vote of the volunteers that may come in in the mean time. The vote cannot be officially published until the Judges meet again and count this vote and add it to the returns. We give all the returns we could gather up unofficially and they must satisfy our readers for the present.

Although we have been beaten in the County, and in the Legislative and Judicial districts, we have still good grounds for congratulating our Democratic friends on the noble efforts they made to sustain their party. They have not labored in vain. Their party organization has been maintained and placed upon a footing that will make it victorious in the future. The plot to destroy the Democratic party has received its quietus, and those who concocted it are now ashamed of their doings. In this Judicial District, where the opposition ticket ought to roll up two thousand of a majority, NILL has less than one hundred! In this county the honor of some men here was pledged to Mr. FORWARD that Mr. NILL would receive not less than two thousand of a majority. The Democracy kept it down to less than seven hundred. Surely that is some cause for congratulation.

In this borough Nill's friends claimed four hundred of a majority his vote left him but little over one hundred and fifty, and in the district including North and South Wards, Hamilton and Guilford, they counted on six hundred of a majority certain. He received but two hundred and nineteen. This vote shows that the Democratic party is not to be trifled with, and those who imagined they could merge it into a "no party" have received a serious backset.

From the complexion of the election returns from various parts of the State, which come in very slowly, we have little doubt that the Democrats have a majority of the popular vote, and probably have elected a majority of the members of the House of Representatives. We have never known an election the returns of which it was so difficult to obtain. We publish in this weeks [sic] paper all that have reached us. It will be observed that the current of the vote runs decidedly in favor of the Democratic party, and indicates that it is destined to control the politics of the State in the future. A Democratic Senator is elected in Philadelphia, one in Schuylkill, and in all probability, one in Montgomery and one in Bucks. These are all gains.-- All the old Democratic districts, some of which had gone astray of late have wheeled into line, and given increased Democratic majorities. Northampton gives about 1500; little Lehigh 1700; York 1600; Schuylkill 1500; Cumberland 600; Columbia 700; Westmoreland 1000, and so on; and in several counties, such as Lancaster, Lebanon, Chester, &c., where the liberal Republicans united with the Democrats in making their nominations, the Union tickets, composed of Republicans and Democrats, in fair proportions, have succeeded by large majorities over the straight or ultra Republicans. Altogether, there is much in the late election, to gratify the Democracy of the State, and to cause them to take courage and look hopefully to the future, for a triumphant vindication of their past policy and present position.

It is now authoritatively announced that the receipts of the customs for the present year will not amount to more than twenty million dollars, ten million less than even Secretary Chase's estimate. When the Morrill tariff was first enacted it was claimed that the receipts under it would reach sixty millions, but the circumstances of the country have so changed since then that the estimates of that period are valueless now.

It is evident from this state of things that we are about entering upon a new era in the financial history of the country. Hereafter direct taxation is inevitable, as custom duties will be entirely inadequate to the support of the Government and the payment of the enormous debts we are contracting. The foreign trade of the country will, in any event, be much less for several years to come than it has been in the past, and the deficit in our revenues in consequence must be provided for in some other way. This matter will assume great importance before the sitting of Congress, and upon that body will be thrown the delicate and reponsible [sic] duty of originating a new system of ways and means to furnish the Government with money to meet its current expenses and pay its debts.