The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-04-24

ne Colituate Eonk Fallre-ProbaJle Edes on Savings
Banks-7he Dog War-A Magnificent Prize offered for
Porm-7heatrica'- Cambridge Bridge
General Cushins-7he Conren Quest,on-Sateof Affairs
DC, dc.
1t is very generally believed that the Cochituate
Bank win prove total wreck. The demand for time to
Look into its aars--and almost onths time too
has convinced that 1t is in bad way II has always
been rotten concern and this the first time that
il has been in very desperate circumstances only i did
not previous occasions suit the interests Of the other
banks here that matters should be allowed to proceed to
crisis They acting toward it as the deer do to-
ward wounded member Of the herd-teaing Il to pieces
After all do suppose that it Is much worse than
they are, only that 1t conducted its affairs little more
loosely.
The worst point in connection with this piece Of scan
alous swndngi the fact that large amounts Of money
belonging to what q suppose, facetously) called
Savings banks involved in the fail There is
something horribly ludicrous-somethng t.liLe
it were, in the idea of bank failing through its chief
officers speouations in -four, that prime necessary of
life and his having in those speculaons the money
that belongs the very poorest classes Of the commun
ity men and women, and children who we're furnishing
him with their combined pittances TO enable him tc com
pei them to the highest possible prices for food to
starve And now, after having paid such prices they
are about to lose half Of the whereby he
forced them into suffering condition. Tens of thous
ands of dollars thus be lost them the aggregate
being large though the details appear to be Insignificant
enough We shall probably have Of this sort of
caty several Of banks have much of the money
that belongs to savings banks there is saying
where the trouble will end There one Of our recent.
lycreated which has one half OF its capital
made of money belonging to suc Institutions Thai,
suppose viii go in good tme-or bad However, II is
no use TO warn people They never believe anything
until faith has become utterly useless OF this very Co
chituate b. nix the public long ago warned and 1t
conclusively proved that of its largest stock
holders were acting in h.t ought to have left
doubt of their determination to rob somebody, and
particularly the depostors in savings banks me best
thing for deposors in such insttutpns-whch seem to
be only eeches for the purpose Of bleeding the
many-would seem to be withdrawal Of their funds If
they get them, which may be something more THAI
doubted, just now.
but dust, and it is for biting him having desire
so to do, that they are killed. there would seem TO be
thousand have fallen and there is less fear of going mad
than there The cats however getting into the
insane condition, probably from that sympathy which
springs from contrariness of disposition.
The directors of the theatre have offered most
magnificent prize for the best pome that shall be sent
in be the opening of the concern no. lessa
sum than hundred dollars TO be paid, presume,
in Cochuste Bank bills, which, by the commencement
of the next theatrical season. will probably be worth all
they fetch am confidently assured that the gen.
tlemen by repent yet OF their rash beraty
and only regret that i'll feeling excited among the
disciples of the Muses. by the contentious that must be
made for so giittering prize But fame-immortal
parcel to the committee that viii prove acceptabie to
their mercantile fances Byrons address, written for
the openins of Drury Lane theatre in 1872 contained
some seventy odd lines and perhaps gentlemen OF
the yard stick and patent scales think that dollar
Line for poetry is very high They take the same view
come rich wished to purchase few statoos and, be-
ing told that famous piece of sculpture worth seve
ton at statooary had rz This sort of people have
about much conception of things pertaining to ltera
the Eastern question.
1t is said that the Gbcrs have been engaged for the
theatre which Is agreea BILE intelligence to their
numerous admirers. W. j. johnson il also named
amongst those who to belong to the company. No
thing could be better than those engagements, which
show that the in earnest ia his design to get
strong company for his opening
Mrs. FarIen is playing at the National to very good
houses. She has appeared in Mrs. Halter, Constance
Lucrezia Borga and Jane Shore and will play Theodora
on Monday night
Cambridge bridge is TO be rebuilt the work to be
menced or the LIST of May, and completed the st Of
November if possible 1t will be constructed after the
manner OF Cragies bridge and the roadway will be
covered with earth and paved the entire length OF the
present bridge with round stones somewhat smaller
than those generally used There to be various i'm
provements introduced and the bridge will be nine
feet wider than the present structure The bridge will be
Gen. Gushing arrived here Wednesday morning and
pcceeded to Newburyport This is his first visit to Mas
were to prove his last would rege. it. for he
has sincere friend in the whole State-not
who would step across the street 10 save him from perdi
ton People curious to know what has brought the
General here now and he has that sort OF enviabe
reputation which causes men to speculate within the
bounds Of wickedness TO his object No one is fool
is 10 dwell for moment the possibility Of his
having made journey for any good purpose The most
charitable supposton that has been is that
he has come on for the purpose OF orecong mort
gage other whereby lie sha add 10 his possessions
from the democratic party, that fortune is setting
against it he having that extre ne Difference to the popu
lar will that leads him 10 with the majority
but that superstition is a little premature though it viii
prove sound year two hence if the evil days Of
the democracy should continue.
You have seen that the convent indemnity question
has been settled in Legislature, and with
and was finally killed only by little manouvring.
This year ii received just twenty six votes while 1S6
we're cast against II being thirty more than mao
rity of in the whole House OF Representatives Had
all voted there ninety seven ansentees the vote
would probably have stood 33 yeas to 2i6 nays Mem
bers seemed TO take relish in voting against the
and did with hearty good will, that showed
that their souls in the work They had been very
severely lectured by some Of the Boston delegation on
the wckedness of not paying for the conventwth the
destruction of which the people Of the state had about
at Snopeand they hurled back the teachings OF these
urban gentlemen with good deal of mpetuosity. Pro.
badly not few of their number felt did Mr.. John
Knox, when he declared that il the rookeres torn
down the rocks would fly away-which was his
srotsn3d " and there l. This 10 be said IN IA
vor of his view, namely, that the Scotch have be-
come one o. the finest communities on the globe doing
tightening the world through literature and the arts
whereas they did next to nothing under the ascendency
Of Rome. But the true of the "awuln majority
that given against Mr. Ttons bill is TO be found in
the powerful demonstrations that have been made by
the know nohngs and which have frightened old fogy
politicians in a most amusing manner The leading idea
Of that singular organization would to be the
throw OF the party Nilch happens 10 pe dominant,
whether 1t be the whig the democratic the free soil
party. The wings not only the dominant party here
but they the only live party in Massachusetts, and
therefore the only game worthy of such hunters
The tracks OF all the old factions The know
things happen to be strongest too, in the very
places whose Representatives make up the
whig majority in the House Boston, Lowell, Rox
bury. Salem Cambridge, Lawrence New Bedford
Newburyport, and Watham send eighty odd members to
the house that is and that is almost the entire wing
majority in that body; and in the places named the
know nohng at least strong enough TO defeat every
whg candidate and understood that they will It
next November II was the recollection Of their late de
feas by the know nothings in tambrdge Salem, Wal.
than and elsewhere at local elections that caused them
to stringenty against the Catholics in the Hons
The latter calculate just about how much they
have gained by coaescng with the wings That they would
have been better treated by any other party far
from saying and II is very certain that they could not