New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-10-25

tn, HroId. taking the Huntington forgeries for
a text has long and excellent hemiy, which we
have read with much edifcatioD, "on the slap.dash
style Of doing business which has become quite
too common in Ncw-lork." After giving an &C.
count of the style in which Huntington spent the
money Of which M fceced confiding Wall street,
The Herah adds:
"Our merchants d AXE their money easily and throw
il AWAY loolishiv In old times trade Was vocation
which was pursued by men OF honor. Fifty years ago
the iist requisites for mercantile lie were un'ui'ed
integrity and upremittng attention Ia business: linen
merchants met each other with perfect coincidence;
they knew the men they were dealing with the word
of one If their fellows was as good rs his bond In
ouch time fraud was unknoN 4. because IL Was lnpos
sible Now most OF ne. hants, though generous,
liberal and benevolent their slres. seem enerVsted
nv success They trust all their affairs To conidents
clerks agents. factoIs brokers' and Is no wonder
that these men, daLzlsd b! the display OF ther employ!
err should Weld b. temptation The merchants give
th,m every facility by their lax way OF conducting
business and the merchants are morally responsible
for the reeut That this Huntington should nave
raised 100000 forged paper II monstr"is ana Is
clearly the ;ut OF careesness on the part OF the VIC
tins"
True. every word of it; but can the reprehensl-
bic carelessness of those merchants and bankers
who suffered themselves to De cheated by Hunting
ton BE- compared for moment with the vastly
more reprehen.ble conduct of those eminent mer-
chants and fnanciers, and, We must add Journalists,
who allow themselves TO act as electloneerlng
agents for Fernando Wood for the office OF Mayor
of this city, whose election to that Office, consider
rg the deep stains on his mercantile reputation,
must OF necessity operate to encourage fraudulent
breaches of trust of the grossest Kind, to tar
greater extent than the downfall and punishment of
Huntington can operate to diminish them' In the
business If forgery and fraud, as in other kinds of
business il is not the cases Of failure but the cases
of success, that produce the most effect on the
public mind; and one Wood, Endorsed by leading
merchants and journalists and elected Mayor, will
do more to corrupt and debauch the public mind
than forty Huntir gtons, detected, dsgraced and
punished. The HraM adds, we hope with some
e1aggeratiOn:
"The great financial center of the Republic is full Of
Huntingtons and Schuylers. Every two or three
weeks some Of the frauds come to light. Ii Il IL a
large affair like the achievements OF the men we have
iut mentioned it creates panic for week or two but
il is small piece Of rascalty, 1t Is hushed up the
victims submitting quietly rather than be rdicuei by
public exposure by which they would not get their |
MOI ey back, but receive public verdict of served
them right We have reason TO believe that the
frauds which have been made known to the public are
insignificant compared with those which are undscov-
cred or kept secret Wall street is full OF hurryscuSry,
slap dash head-overheels hnancers, who never know
how they stand any one elses books, or how any |
one else Stands ON their own. The opening for Schuy-
eris.ps and Hun,ingtonisms IT, consequently masnii-
cent, and it Ia improved to the fullest extent
In such state of things it surely IL singular |
course on the part of those who preach honesty
and caution to corrupt and careless generation to
select and sustain such candidate for Mayor as
the present incumbent of that office; though even
the conduct of these parties IL but one degree more
reprehensble than the conduct of those who, while
feeling that the city will be disgraced and endan-
seret, and honesty dscountensnced, by the election
of such candidate, have not selfsacriice or rather
policy aud common sense enough TO unite TO defeat
him and elect an honest and capable man. in the
person Of ANTHONY J. BLEECKER as they easily