The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1854-07-12
Correspondence of the Ashland Unionl
FROM NEW YORK.

tic deeds-BrookZyn RdiZroads-Pro
gress Of lie Age-rsi UssiLon Con,
UentiOn-THe Walker 7. iaLW Wash.
tngton Monun1ent-HdhGn Opera
~Univeysity and Colum6ia-Chur
nratters-Generak Items.
NEW York, July 8, 1854.
Mr.. EDrroR The weather and the
state of the money-market present them
selves for our first consideration. In
the weather there are constant changes
semi-diurnal ones Our skies smile
brightly in the morning, blaze at noon
with intense radiance and unsufferable
warmth, only to weep bitter floods as
night comes on; and vice versa. Stocks
are also variable; money is invariably
tight. This dancing up and down OF
fancy stocks is a very mysterious matter
to those who don't see the wire pull.
ers behind the scenes. There are We
ry few that know who makes all the
money that changes hands by these
operations, because that money goes in.
to the hands of a very few. Take an
instance. Who made money on Crystal
Palace Stock, when, Immediately upon
BARNuM's final acceptance of the Presi.
dency, it rose from 20 to so? BAR
NUM-, of course. After election, he an,
nounced that he would take the Presi-
dency if he found the financial affairs of
the Association in a manageable condi-
ton. A statement shortly afterward
appeared in the city papers, by authori-
ty, stating that the finances of the Com
pany were in such a deplorable "fx'
that BARNUM would have nothing to do
with the matter. Stock fell to twenty
per cent. And now, through different
hands and third parties, nearly all the
stock in,the market came into BARNuM's
possession. This transfer having been
accomplished, the President published
a letter stating that he was willing to
lease the Palace at $4,000 per annum,
and could make 500, 900 at that
Stock rises to fifty. Barnum sells out,
curtain falls. The ghost of the woody
horse laughs with sympathetic joy
Stock shortly falls to II, and some SAN
guine spectators find themselves sold.
BROOKLYN has taken a stride forward
which must soon bring her up in the front
rank of American Cities, in point of pop
u~lation. Railroads have been laid
through adozen principal thoroughfares,
leading from the ferries to the suburbs,
which will convey passengers comforta-
bly, and speedily, at the rate of three
cents a head! This will enable large
numbers who cannot afford the heavy
expense of city house rent to reside con-
veniently to the centre of business at a
cost which a poor mans pocket may
bear. Brooklyn has been growing and
encroaching on the country with UMPIRE
cedented rapidity for the last few years.
The old Dutch families, who have snoozed
over their broad cabbage gardens, in IN
disturbed s~eclusion, for the last centu-
ry, OF waking up are astounded to find the
advancing wave of metropolitan eivili-
cation dashing against their very doors,
and to behold long parallels of sand
built streets cutting up their fertile
acres. They have no longer to travel a
wearisome way to the city, for the city
has come to them. In one thing, Brook
Ign is still behind the age. 1t has no
supply of water, through acqueduets.-
The corporation wells and pumps still
furnish a pure draught to the thirsty.
But it seems doubtful whether Long Is
land can furnish a reservoir of good wa
ter, capable of supplying the vast stom-
achs of those of that great city, especial
ly if the Maine Law should be passed.
When Brooklyn and Williamsburgh
shall have been consolidated, and the
intervening acres shall have become
brick and mortar, our Brooklyn may
rank as the third city of the Union
Still, it is but a suburb of New York,
a city of dwelling houses. 1t has not.
and probably never will have, any con-
siderable trade of its own.
The Psi Ussilon Fraternity held its
annual Convention here, on Thursday
and Friday last. This is one of the old
dest and most popular of the college fra
ternity, having chapters in most of the
Eastern Colleges and receiving constant
applications from Western Colleges, for
the same privilege. The Grafton and
Poem annually delivered before the
Convention andthe public, was given by
Rev. Mr.. HoUGHroN, Prof. in the P. E.
Theological Seminary of N. Y. and GEO.
H. MoRRE, Secretary of the New York
Historical Society. At the secret ses-
sion, among other distinguished gradu-
ate members, JOHN G. SAKE, the Poet,
was present. Of his many bon-mots
we remember N "He had come a
long distance to attend the Convention,
and regretted his late arrival. He had
been detained" he said, "by a train of
circumstances, or, rather, by the circum-
stances of the train, which broke down
before reaching New York"
The WALKER trial for divorce, now
in progress in this city, calls out a large
attendance, as such trials always do