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Vallandigham Democratic Conventions. — A Prescription.

The Vallandighammers are very busy just now setting traps for the approaching elections. A county convention was held in the city on Saturday last, and delegates were appointed to attend the State, Congressional and Senatorial conventions. The State convention meets today, and we suppose will nominate candidates for State Treasurer and Superintendent off Public Instruction. It having been discovered that the new Constitution was defeated by the vote of the people at the June election and the over whelming majorities against it by the soldiers in the field, it is presumed that the convention will forego the nomination of candidates for Governor and the other State officers — though how the expectants of those positions are to be appeased it may be difficult to tell.

Though no time has bee announced for the Congressional and Senatorial conventions, we think it highly probably that an attempt will be made to-day to fix up these nominations also. We would suggest to our Vallandigham riends, however, that the Congressional convention be omitted. The farce of a nomination would be entirely too broad. If the convention be held at all, it will be a mere formality; for it was well understood before Mr. Stuart announced himself as a candidate, that he should be the party candidate, and the leaders have been endeavoring to make their share of the contract good by recommending him as a no-party candidate. We have seen no indorsement from any other quarter, however.

We see that the Register of last evening gives the convention a column of impracticable advice to guide their action. We propose to give them not merely advice but a prescription together with sundry suggestions which it is not doubted that they will follow out to the very letter.

In order to aid the convention in its deliberations as far as possible, we suggest to the committee on Resolutions the following skeleton for their guidance. They are the substance of the resolutions adopted by the Indiana "Butternut" or "Copperhead" Convention, held at Indianapolis on the 30th of July last, at which Messrs. Carlile, Wickliffe, Dick Richardson, Dan. Vorhees and other distinguished patriots assisted. Vallandigham was not present, being detained at his home about that time by fear of arrest for disloyalty:

First — Adheres to the time-honored principles of the Democratic party; believes the only hope of the restoration of the Union and the maintenance of the Constitution is the restoration of that truly conservative party to power.

Second — Indorses the 8th of January Convention.

(Here the Convention should not omit to pass a resolution indorsing the loyalty of certain 8th of January Democrats arrested and now in prison at Indianapolis under indictment for treason, for assistance rendered to the guerrillas at Newburg, Indiana, on occasion of the raid from Kentucky on that place. A resolution denouncing the tyranny of the Government in authorizing an invasion of the constitutional rights of these individuals in their arrest, thus depriving them of their free agency, would not be inappropriate, and would no doubt five intense satisfaction to their "butternut" friends.)

Third — That the Constitution, the American Union, and the laws made under the Constitution, must be maintained in proper and rightful supremacy; that the rebellion now in arms must be suppressed, and that it is the duty of all good citizens to aid the General Government in all measures necessary to that end.

Fourth — Unalterably opposes a war of conquest of subjugation; will never consent that the war shall be waged for the purpose of interfering with the rights or overthrowing the established institution of any State.

Fifth — Protests against negro emancipation in the District of Columbia, and payment for such negroes out of the national treasury, and against the resolution of Congress pledging the nation to pay for all negroes which may be emancipated by the authority of any Southern State.

Sixth — The doctrines of the secessionists and abolitionists, as the latter are now represented in Congress, are alike inconsistent with the Constitution. The first have already involved us in a civil war; the latter will leave us but little hope of a speedy restoration of the Union or peace.

Seventh — Views with alarm the reckless extravagance which pervanes every department of the Federal Government; that a return to rigid economy and accountability is indispensable. Startling developments of frauds at the National Capital show that an entire change of administration is demanded.

Eighth — Approves of the Crittenden resolutions.

Special care should be taken to introduce about an equal amount of denunciation of "Abolitionism" and "Secession" into the resolutions — not omitting to put "Abolitionism" first. As a whole, the resolutions should be so sandwiched together that we shall have a layer of loyal expressions in favor of the suppression of the rebellion and of denunciation of the Government, alternately.