The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-04-13
Rathbun and Rosuery Of Is36-'37.


bum the great of business that gave ecldt 10 Duf
falo Ii deveopes exactly the character which we at
trbuled 10 him when his explosion took piace-a man
OF untring energy-of great resources but utterly de-
fcient i'm graspine the mysteries OF hnance or COM
pretending the phenomena of money operations. III
creating towns and viages-in improving properly
Ia building large ranges OF stores-iR employing
masses of people-n cutting out work Tor genera
lions. Rathbun was very Napoleon in the business.
He was deficient in financial science and equally so
In morals.
Indeed il is a singular fact, in the history Of the hu-
man mind that great financial talent and morals go
hand hand together. Look at the world around, and
mark the men and women land if the women are
pretty God bless their soft cheeks take second
Iook) as they glide along. A man who takes of
his finances and in the general run keeps his receipts
ahead of his payments, has principle Of morals in his
mind that protects him from crime. On the contrary
the speculator is always on the verge Of vice, ana
sometimes like Rahbun, up TO the eyelds IN crime.
Robinson a specuator In land SCRIP ana lew are
the men speculators-who are but another race Oh
gamblers in real fe-few are there of them who may
expect to get 10 the kingdom Of heaven. And even if
they were to get there, doubt whether they could
be happy. They would in month abandon the sweet
and blissful employment Of that glorious region,
(which is nothing but the purest love and affection in
The hsees state of developenen), anu PC lot cuhs
up the lovely Wales and beauteous prares OF paradise
into town lots and new Jerusalems
But 10 come back to this dirty earth, and dlrter
inhabitants, lovely always excepted. In
another point of view, Rathbuns letters furnish
pregnant and memorable lesson to the present rising
generation Setting aside the criminal foundation on
which all his operations erected, ne appears to
have been racked night and night, IN order to meet
his engagements, and complete his Numerous pro-
lects His entrance into these projects like Napoleon
in his early life, the foot Of the Alps, seems easy
inviting and mere play. No sooner is he engaged in
the nces.ant of business than his motions be-
came rapld-he flies from New York TO Buffalo, from
Buffalo to New York, with all that ferocious genius
speed and power, which Napoleon flew, from the
Rhine 10 the Moselle from the Moselle to the Rhine,
before he was finally conquered and driven out of
Europe, to die on rock q, ST. Helena.
AT the close of his career, Rathbuns agents-those
the cringing in the day OF his power-desered
and betrayed him. He complains bitterly some
Wall street loafer half broker-half lawyer who be
trayed him while he eating his bread al has table
Let Rathbun's name, character, fate and bitter DIES
tiny be a warning TO all SPECTATORS. During the las
tive three years the mama of speculation has pre-
cptated men, living in the very centre of Wall street
into crimes of as deep a die Fraud, forgery, immo
tory fthe terrible years 1884, '35 and 49, But day
since pistols have been presented on our very ex
change Who would believe that, during the recen
mama, men of the highest responsibility in Wall stree
would enter their neighbor and friends office with
loaded pistol and holding the instrument Of death Il
his head say furously, "Now, Mr.. - if yo
don't comply with your stock contract TO me, ant
sign that check here loaded pistol and will frs
blow your brains out, and then my own" The chec
was signed and a terrible catastrophe avered. VIII,
has forgotten the cowardly attempts made upon u
by the editor of the Courier and Enquirer, because
dared tell the truth of certain base stock operations
IN which he was engaged And even so mad hac
the mania become among the spectators, that il wa
AT one time deliberately decided by class Of swnd
lers in Wall street. and another coere of scoundrel
In Ann street. 10 MAN, break limb, so disable m
personally that should never be capable of writin
another paragraph, or another Wall street report.
knew OF all these projects and plans but never feare
the dastardly towards from the editor OF the Courie
down to the lowest vagabond.
The day Of retrbuton is now come--the curtain
risng-and if Mr.. Charles King and his grand i,r
could find il in thar conscienccs examine the do
ings Of Wall street, such of mmoraIlty cor
ruption and crime would be developed as never hav
been imagined to exist in any co lniry. To the var
Gus stock and obbng connections, formed in Wa
street. and out of il may be attributed the terrbl
prostration of justice morals and proprety during N
last two or three years. Such persons Rosn
Townsend and their beautiful female cotcres have in
creased over all former times. To tks general cor
rupuon produced by speculation may be attributed
the escape Of murderers-thc acquittal Of feonsior
geres, and breaking open sacred seals-rols, mebs
and personal attacks-complimen,a benefits and
general combination Of the ways and means to pa
down and rample on the innocen and just.
But the day of rciubution IS at hand The afro
cious morals bred by SPECTATORS viii bs whclmc'
INTO detestaton and contempt The loxity Of man
ners, and want OF moral principle VIII have bound
SGT 10 them. The day OF prudence sobric,y, honor
good faith Justice, viii yet take place. Bat first, al
Spectators in commerce. in banks in politics, il
stocks, londs, must be pros;rafcd in the duet Lc
gtmalc, honest business men must now set 10 worl
and bring back scadincss in trade and morals in So
cial life.
III THE SENi. CrSTuNSIAL ANNIyEasANY Of Co
lumbia College, Is celebrated to day at ST. John
Church, and in the evening soirte without dancing
tLa L., a..