12 OCTOBER 1872, Page 1

The Pennsylvanian, Ohio, and Indiana State elections have yielded a

result which pretty nearly secures General Grant in his second term of office. We have explained the figures carefully elsewhere, but may say here that the result in Indiana, as to which we could not there speak with absolute certainty, seems to be this :—A democratic governor has been elected by a small majority of 500, but in other respects,—in all, that is, bearing upon the Presidential election,—the Republicans have carried the day, they having elected the majority of the Legislature. General Grant's majorities are considerably diminished as compared with 1868, which is not surprising, and not unfortunate, for he wants a reminder that the country is choosing him rather as a pis-aller than as a successful President. lie is not without reproach, but the evils of choosing him are limited, and the limits are known. The election of Mr. Greeley would have certainly meant, in the first place, a reversal of the Government policy towards the negroes of the Southern States,—indeed, Mr. Greeley appears to have expressed in his canvassing tour something like regret for the intensity of his denunciations of slavery,—and, in the second place, alliance with the old Confederate leaders ; and that might involve evils possibly not limited, and the limits of which are certainly not known.