The republic. [volume] (Washington [D.C.]) 1849-1853, 1851-10-08
New York oorrssponasnes.

No Jelos in WGH Street. aiIurs of a NstO Eng
land acknowledgement IN StOeks-1he Pro
netheus- Com Vandsrbit-Dslighyul Weather
Far IF Ameriean Institute Hudson RiUer Rail
road Gala.
NEW YoRK, October 6.
II lis remarkable fact, which do not remember
having seen noted by any money article writer,
that there is not single Jew belonging to the
Board Of Brokers, nor among the leading none
tary managers of Wall street member of the He
braic family. A few years since the leading houses
in Wall street the Josephs, the Seixases, Ma
thans, Levys, Henriquezes, &c; but they have all
had TO give place to keener race, whose ark was
the Mayfower. Among the CONSIDERS who
hang round the entrance to the brokers' board,
there are good many of Israelitish blood but they
have loet caste in the holy of hoes in the business
world. To say that a man ia as rich as Jew has
now no particular significance on this side Of the
Atlantic; but, on the other side, the Rothchilds,
the Goldschmids, and the Monteiores still main
tain their ancient ascendency in the money world
This is, undoubtedly, the result Of allowing mind
to find its own level; while the Jews were stimu-
lated by persecution, and denied all participation
in State affairs the active intellects Of that
were driven to the trade in money, and devoted all
their energy to the acquisition of wealth, BECAUSE
by the possession of that alone, could they gain
power, or maintain themselves on social footing
with Christians. But the moment that the law re-
moved all disabilities from the Jew, his peculiar
force Of character destroyed and in the
great race for wealth in this country, where
every avenue TO success was open TO him, he
has been left a long distance in the rear by
sharpereyed and keener race. There are no
Jews in Boston, believe, and the in New
York, where they are more numerous than in any
other part of the Union fast losing their dis
tinctve peculiarties of character. They are TO be
found in almost every department of trade, but
that one branch which they once monopolized en-
tirely.
There was considerable excitement caused in
Wall street, this morning, by the announcement
Of the failure Of David Pingree, of Salem, a very
extensive East India merchant, who was supposed
to be one of the wealthiest merchants in New Eng
land. He had been very largely engaged in the
Manila business, and it said had made for
tune by the Importation of Manila hemp. His
paper had been sold here largely lately, and
know one broker who, last week, sold one hundred
thousand dollars of his notes.
The stock market improved considerably this
morning under the influence Of the large amount
of gold brought by the Ohio, but there was
slight reaction before the board of brokers ad-
chants that the worst of the pressure has been felt,
but money is still very hard to be got, and this
month and the next the two heaviest in the
year for the jobbing interests.
The arrival of the Prometheus on Saturday
night, bringing her passengers in twenty eight
days from San Francisco, will divert the stream of
travel over the new route, and have damaging
effect on the Isthmus line. The Prometheus was
m te boN hns
proved herself worthy of her christening. Com
modore Vanderbilt, her owner, and the protector
of the San Juan line, is, in his way, Promethean
genius; born of humble parents Staten Island,
with but slender advantages of education, and COM
mencing life as an oarsman in ferry boat, he has
succeeded by the honest exercise of his native tai
ent in placing himself in the very front rank of
our first men. He is immensely rich and has ac-
qured his wealth while comforting great benefits
on the public by opening new routes of travel and
by making improvements in steam navigation
He owns an immense amount of property on Staten
Island, and is the proprietor of all the ferries
Meeting that beautiful Island with New York
These alone would afford him princely revenue
but they form inconsiderable part of his steam
boat routes. The Promethean route to the Pacific
is likely to prove his most profitable enterprise
The name of the companion boat this line is the
Daniel Webster, another Promethean name, which
will leave on her first trip on Wednesday next.
Commodore Vanderbilt is not exactly man Of
letters, but he has learning which he could not
gather from printed books When OF his new
boats was finished few years ago, intended for
the quarantine ferry, he ordered the initials s. T.
to be painted on the wheel house, which was ac-
cordingly done; and being asked what they stood
for, he replied Staten Islander Another boat, for
Tho dc IF fhe iela he ;n;t;
H. N to be put upon her wheel. house, and these
initials stand for Huguenot. Anybody can learn
to spell, and nobody can be considered the worse
for knowing how; but, l remarked before, the
knowledge possessed by such practical men as the
commodore is more valuable than any that can be
CLEANED from printed volumes.
We are enjoying most delicious weather, and,
excepting the tightness in the money market, no
marriage bell was ever merrier than the CONNER
cial metropolis at this time. The Fair of the Anne
rican Institute at Castle Garden is not so much Wis
tied al the fairs have previously been; the show Of
goods is not quite SO extensive as ii has been in
former years, but the specimens exhibited are
perior to past seasons, and the general tone of the
exhibition showSa gratifying and decided improve
ment. There is remarkably fine display of au
tumnal fruits and vegetables, and the monster
squashes and pumpkins are more monstrous than
ever. The great floral show of dahlias and roses
will not take place until Monday next.
On Wednesday the Hudson River Railroad,
which is open all the way to Albany, and de-
livers its passengers at East Albany, one hundred
and sixty miles from the depot in Chambers street.
in the short space OF four hours and half gives it's
gala excursion on Wednesday next, when hope
to go to Albany and back by daylight.
S. X. S.
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