The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-12-28

it's endeavor to make good its charges and in
Situations against ne, consoles itself in series Of
honilies on the courtesies Of the press. 1t re-
other it calls for o better feeling among the
members Of the profession it asks why editors
in New York cannot stand up for each other, as
they seem to do in London; and it softens into
almost q maudlin view of the sentimentalities of
newspaper life-the idea sought to be conveyed
TO an unsuspecting public being that the editor of
the Times is meek gentle lamb, who only asks
TO lie down at the feet of his ferocious brethren
but that the said brethren will insist on bullying
him.
In the general principle advanced as the text
of the Tines argument in favor of newspaper
union, there may be wisdom; but, at present
the difficulties in the way Of carrying it into
effect are we apprehend, insurmountable. The
course Of the Times during the past month affords
an illustration OF these difficulties.
1t was well known some weeks since that Mr..
Wesley, the principal proprietor Of the Times,
and also the principal partner in the firm Of
Wesley and Kowalsti stock jobbers, and opera
tors in stocks, was engaged in terrible contest
with Mr.. Little, the latter being bear, the
former bull. The fight was the theme Of con-
yersation in the street: it was said that millions
were at stake, and that either Wesley or Little
would be broken. While the struggle lasted, the
Tines gave Mr.. Wesley an efficient and judicious
support. The money article of that paper
studiously exaggerated every fact that was
favorable to the bulls, and concealed every fact
that was adverse to the rise in stocks When
the fight was ended by the ruin of Mr.. Little,
the Times pursued its partzanship still further.
1t exulted over the ruin Of Jacob Little, and not
ing. 1t described him by name as gambler,
and dishonest man. 1t gave the key note to
the whole crew Of starving devils who write in
the country papers, and who would abuse their
own mothers if Corning told them.
Up to this time, the HERALD had bsen an at
tcntive spectator of the course Of Wesley.
Though believing that his policy was wrong, it
bad nottonched him. 1t was only when it was made
apparent that this man had used his paper to break
an DID, much respected and kind hearted citizen,
and that not content with running him, he was
now bent on blasting his character through the
same medium, that we felt bound to interfere,
just enough to explain to the public that the
Times was not to be trusted when it spoke Of Mr..
Little. because it was owned by bis enemy.
The reply to this was tissue of insinuations
against parties connected with the HERALD. No
attempt was made to deny the statement we had
made; indeed, as We had said nothing but what
the Directory proved, that could not be well
attempted; but, in his rage at his mean
policy being exposed, Mr.. Wesley and his editors
filed column with inuendoee, calculated to
produce the impression in the public mind that
persons connected with this journal had done, in
private way, what Mr.. Wesley done in open
daylight The names of some companies were
mentioned. OF these some were never mentioned
in The HERALD; others never existed, to our
knowledge; some which have exploded were
only mentioned in these columns to be abused,
when Mr.. Wesley had their stock to sell, and the
Tunes pulled them.
To this We replied that If the Times could
show, that, during the thirty years of our
newspaper experience we bad dabblcd in
stocks or become an accomplish with
stockholders, We would thank him TO state
and prove the fact; that II he could not, his
defence against our remarks fell to the ground,
and the Times was what We had said II was
"a tool in the hands Of notorious sock gamblers
and SPECTATORS in land, used for their corrupt
purposes.
The only reply of the Times to this has been
reiteration Of its former inucndoes, in rather
feebler tone than before.
We hope the Times will see how it illustrates
the difficulty Of bringing about era of brother
ly love among journalists. In taking leave of
the subject for the present. We well pleased to
remember that, though under severe provocation,
we have used no weapon against the T.'es but
such as its own columns, the Directory, and the
!" shDglen Of Wesley a. Co. furnished persons
''consoced' Nth die Times cM tnow how 70 appreciate
his modoro,ioa.
TBE LATE SHrwREcKs--WHAT SHOULD BE-