The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-01-06


money articles in a daily paper, and who devoted
time, attention, and money, to the collection OF ma
terials for the development of what may be called
financial philosophy in this country We began these
articles in the year 1885, and continued them ourse
through SO, 81 and ss-a: period which comprised
the most interesting and exciting crisis in the fnan
cial history of the United States. After this time
multiplicity of engagements occupying our time,
we employed various individuals, generally young
men who had no former notions on any subject,
and who became our reporters as it were, for all
these articles that appeared in the New York
Herald.
Since that time we have had the pleasure of see
ing almost every newspaper pretending to any re-
spectablty standing adopt our system, and en-
deavor to initiate our plan. Among others that
have thus fallen into our wake at this late day, we
perceive that the Evening Post makes distin-
guished splutter it makes its appearance in the
field. 1t is, however. very curious to observe the
mode in which the Evening Post prepares and fur
nishes and puts forth its money articles. Almost
every table-almost every idea-the general ar
rangement of facts-and often the very language,
are taken from the old reports Of the New York
Herald, which were prepared under our direction
and sometimes dictated by our lips And yet this
Evening Post, which pretends to such authority in
politics and poetry, is presumng to put forth cha
racter for superior sagacity in financial affairs, by
rehash of old ideas and facts from the Herald!
1t is curious also, to extend our view this
subject beyond the daily newspapers, and to see
what the magazines are doing. We have looked
il reference to this NATTER into the Democratic
Revie,0 and Hunts Merchants Magazine, and,
strange to tell, we found the re-hash OF facts
and tables taken from the Netv York Herald.
This is a new progeny, of which we certainly
have right to claim the paternity We do so,
| and, as take them under our guardianship pat
them on the head, and bid them go along, hoping
that they will be able to walk on their own legsby
and by.
1t is amusing, however, to mark the pretensions
of these fimsy monthlies to the dignity OF guides
and leaders of public opinion. They talk about
newspapers with the funniest possible affectation of
contempt. But in all the great movements OF So
ciety, how utterly voiceess and impotent are these
magazines! 1t is the daily newspaper press, with
its ceasing tongue, its millions of readers, lis
all-pervading influence, which rules and regulates
and controls, the ebbings and the flow, OF the great
tide of public opinion There is more intellect
more talent-more judgment-more sound, practi-
cal philosophy often displayed in a single number
of daily paper like the Herald, than in the whole
of one of these trashy products of months
labor.
The ITALIAN OpERA.-This interesting subject is
still in the clouds mysterious mist hangs around
every thing connected with its establishment, and
what may be its complexion when the weather
clears off no one can tell. The probability is that
some sort Of an engagement has been made with
the Havana company by Pamo. But the closing of
the Park, and some secret operations in that quar-
ter, seem to indicate rivalry of houses.
However, after great deal Of difficulty, inquiry,
investigation, calculation, analysis and other trou
bes of that kind, we have ascertained some parti-
cular facts in relation the opera, which may be
relied on. 1t seems that Palmo has engaged a
company-that is almost engaged it, pretty nearly
engaged it, within of certainly engaging it.
But the Interest Of the public is principally excited
with regard to the prin,as donnas. We understand
that Madlle. Borghese is one Of those engaged She
has, we believe given concerts here, but she is not
very much known at least we have never heard
her, or seen her, although we understand she has
a very good voice and Is q tolerable actress On
the other hand negotiations have been going
on with Madame CASTELAR,, but it appears
they are yet incomplete. 1t seems that the
French clique, who cleverly succeeded In
writing down Ole Bull, and writing up Artoi
and Demoreau, have been very busy in these
negotiations, and are determinedto rule the opera
here precisely it is done in Paris. BOrghese,
therefore, has, it appears, got the entire run OF the
leading characters whilst Mad. CASTELAR,, very
lovely woman, extraordinary singer, and a
splendid actress with the elements indeed OF be-
ing another Pasta or Mabran, is to have the liber-
ty of picking up the leavings The spirited Cas-
tellan is not likely to submit to this arrangement
AS to Mrs. Sutton, she 49, it seems, entirely out
of the question Mrs. Sutton has a magnificent
voice, but the French clique say she is decidedly
unpopular. Mrs. Sutton has great deal of aristi-
cal skill and science, but then the French clique say
she is decidedly unpopular Mrs. Sutton studied for
years in the best schools Of France and Italy, but
the French clique say she is native and decided
w unpopular. This IS worst Of all. Mrs. Sutton
is, it is admitted, native of the United States,
and that of course settles the business, it is per-
fectly established that butforeigners can sue
, coed in any musical department Thus stands the
matter at present How it is to turn out no one
can at present predict.
Thus far Palmo. On the hither side of the Park,
Simpson 81 Co. have closed their theatre, and have
also commenced negotiation for opera, either
English or Italian. For an English or Dutch opera,
1--WE hardly know whch) it is proposed to make up a
troupe composed of Madame Otto, Mr.. Brougb,
and others from the best fifty cent American voca-
lists such as De lie Rec, Milligan, Van Buskirk, or
George Washington Dixon, who sing at the ward
J meetings and corporation parties. An Italian ope-
ra is also proposed, and it supposed that De Beg
mis-, Mrs. Sutton, or CASTELAR,, and several Of the
old Havana troupe could be got, sufficient to raise
formidable opposition to Palmo. Things are ma
turing rapidly, and the probability is that shall
have two operas this winter in New York, going
full blast against each other. Bravo!
OLE BULL AND J. ScuUBERTH ONCE MoRE.-We
have been requested to publish the following reply
of Mr. Schuberth to Ole Bull
Il Nyw YoRK January A. 1914