The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-09-02

Sale q the Gsrsss and Mario Tsos sss- whas |
has Become Of cur Fsna"esA, Crasass
The result of be auction sale of tickets for |
The openi performance Of he rev operate
stars at Cast Garden on Monday night ar
,,yes mos oppvr .s cy to conv &c us that our
franc al and CONN ercial condition is not qnise
a. low as other circumstances would seem 70
indicate. The croakers in Wall street have
been end. avorng to tighten n into another
panic; and, according to their showing, things
were certa My beginning 10 assume rather an
n.ly aslect We have been so accustomed to
look upon the statistics Of that mathematical
region as certain evidences of our monetary
condition, that it is no wonder that the
gloomy pictures that have lately been
drawn of cur prospects should have set
all hands to take in sail, to prepare for
the coming storm. The sun has, however,
broken through the clouds that obscured our
pressing influences that were chilling our hearts
and paralyzing our energies The statistics
of theatrical speculation, as developed in Mr..
Hackett's great financial operation of yester-
day, have demonstrated beyond the power Of
refutation that we have all been laboring under
q false alarm, and that money is as plentiful as
ever with us. For the future we must loob to
the opera box Office for a correct and unszring
indication Of the condition of trade ard the
tightness or laxity of our circulation. OF what
value is the evid snce Of deprecated stocks and
restricted bank issues in face of the facts which
have been hOught to Light by the sale at
Castle Garde'AY
1t must net be supposed that we are treating
this matter: in spirit OF levity. We were
never NOR serious in our lives. We are only
dealing with facts as we find them, aud it is not
our fault if there is ludicrous side to the pic
ture. We say then, that .here is NO use In
maxim & long faces about the so much talked of
effects of the fall in Stocks the tightness of dis
courts, the drought, the destruction Of two
thirds Of our corn crop, the shortness Of our
hay crop, the war in Europe, and such other
bagatelles, when we find the inhabitants Of our
principal commercial city, who are likely to be
the most Immediately affected by such causes,
in position to spend on a single evenings
musical entertainment from thirty to thirty five
thousand dollars There is no exaggeration in this
statement The amount realized by yester-
days sale of tickets must have been close upon
twenty-five thousand dollars. As consdera-
BILE number Of the seats were sold to spscula-
tors, who in their turn will make large profit
upon them, we may set down the actual
amount that will be paid for admissions at little
short of thirty thousand dollars When we add
to this the sums that will be disbursed by the
fairer portion of the audience for new dresses,
new coifuree, kid gloves and eau de cologne,
to say nothing Of carriage hire, we think that
we will not be overstating the amount which
the debut of Grisi and Mario will cost the New
York public in fixing it at thirty five thousand
dollars. After this, he will be bold and wild.
ly speculative individual who will venture to
hint at the remotest chance of any thing like
commercial revulsion. Talk Of scarcity of
money in the presence of snch q magnificent
fact Why, in the palmiest days of theatrical
prosperity in the aristocratic and overgrown
capitals Of Europe, such glorious evenings
harvest never gladdened the heart of any en-.
terprising impresario Had old Lapor.e been
living, it would have driven him to suicide
from sheer envy.
If MIR. Hackett has reason to rejoice in the
fortunate issue Of his confidence in the re-
sources and undiminished prosperity of his
countrymen, we who thus unexpectedly dis
cover that we are not as hard up as we were
represented to be, have still more abundant
reasons to be thankful. 1t will save many the
dsagreeable necessity Of reducing their estab-
hsbments, and Of denying themselves their &C
customed comforts. When Commercial men
can afford to pay heavy premiums for opera
tickets they cannot with very good grace de-
ny to their families at home the little luxuries
which have become almost q necessary part of
their existence. 1t is only pity that this new
| phase in our condition was not discovered q
week sooner. 1t would have spared some OF
our contemporaries the modification as the
sailors cay, Of bugging the wind and curtailing
their flowing sheets.
In an artistical sense, the successful result Of
Mr.. Hackett's bold experiment cannot be too
highly appreciated 1t was supposed from the
failure of so many operate speculstions, that
all enterprises of this sort were destined to ruin
those who undertook them. He unhesitatingly
tells us that the fault does not lie with the
American public, but with managers them
selves. He states that no effective opera COM
pany can ever pay at the low rates of admission
to which we are accustomed, and maintains that
he who gives the public the genuine article has
right at least to protect himself against loss
by charging such prices for it as will cover his
expenses. There is logic as well as boldness in
this argument. Those that quarrel with it have
only to remain away. But the grumblers will go
all the same, and go the more eagerly because
proper value is set upon the commodity
which they seek to depreciate. Mr.. Hackett