The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15
O,,r New York Letter.
Prom err Regular yr~ York corre.pooasa'
New YoRK, October 81, l>j..

NEW tRk, bCiODtF ~, 1874.
By the riches which TAXI to thems Ives
wings and fly away, the Preacher could have
intended to designate nothing but railroad
stock and paper money. He certainly would
not have applied that sprishtly metaphor 10
mcrchandis', if he Lad behet il in lis present
condition, heavy as lea aud immovabIy GXed
in Warehouses. But tn times are changed
Buyers art not wanted, Wholesale dealers
trcmble when they sec an obi customer enter
ing tie door. fearing that he viii want Il bin
of goods. Nobody wants to sci for any
kind OF stock is preferred to the very b~t
six months paper. The panic mnItiplios
itself and mems fears do them more hurt
than The actual difficulties. To-day a gr At
Boston. New York and Philadelphia house
is reported Is suspended, and the most solid
Of old io%ies shake with fear. The head Of
large importing house o. hong standing has
been removed to a lunatic asylum The
anxietes and eycitements Of the past C.y
weeks have proved too much or BRAIN
which had done good deal of hard thinking
IN lis day. Everybody is trying 10
seIl for cash, but the heaviest sacrifices
do not induce heavy purchases The
man miilacr, ar failing extensively ow.
~. -. 4..a.as l.4 "s 49,. 4
dollar bouncts Half Of the present troubles
may he safely laid 20 the charge Of the nue
months credit system which have prevailed
so extensively during the last season. e.pc.
cial'y in the dry goods trade SiN months
* long enough fer AL parties. WI,re all
this Is to end, Heaven only knows
The most serious and lasting eject OF ,he
rcvulsion viii be the throwing ont of ,m.
ploYuent Of vast numbers 81 artisans in
large towns aud cities, who must no" either
beg sjaryc or emigrale. The agricultural
districts alone possess the c ,meu,s Of con.
tinuc'i prosperity, ard we predict a favora
bic eject Of ,hor disasters in increasing ,le
number Of producers in those sections. The
tendency has hitherto been To the accumu.
lation If labor in towns AID ci,.s now il
must be diilnstd through the country. We
have had too many artisans and traders we.
want NOR, growers Of grain AMI raiser. Of
cattle.
The Banks ,iard firm as yet and oa. city
money is laudlci with undiminshcd conf
deDcc. The retail trade Of the city il very
poor indeed, and thr effect Of the troubles
seems to b. felt by every Kind Of bG.incss
except tbo daily newspapers AMI the thea
tree. Men must know what is going or,
and they need felaxa,ioH NOR, than ever in
such times as these, The opera is still in
food tide AMI Ihalbnry receive. HI friends
in troops The Institute Fair is Father i'm
thi, year. There j, very little Of novelty in
II, with the .Nccp.ion oi the "caiioIe or
musical locomotive. which grinds oa' ehrIl
harmony from morning to night, Some Of
the leading aasuero'ypi.ts exhibit BE .iz'
photographs which are truly wonderful
proof, Of the triumph Of American enter
prise and skin il thi- branch OF at. Tn
Horticultural ,hows are numerous. bu, cx-
hbit nothing NOR noticeable than eighteen
inch pun j rs which 40 Connecticut lar
mer would ihink 81 'bragcin on
Tie arrest for burglcry Of = dry goods
merchant who had occupied a position in
Fifth Ayeure society, has created - .ea-a
ton among The dnjzcus Of that locality
lie was known ii. prominent Erradway
swell. Who mad. grc.; show on niys.
trr.ou-y .;nali capital. IN, passed current
in the fir, circles until h. wa detected in
finding silk, ont oi his ncighbors window,
and ceiling them at half price through the
Philadelphia auctiou rooms. ! biz is 81"
eImen Of similar d.vclopm'n, which gbi
be and aog W. be- made.
The only excitement at trean' :. on 'ir
main Quy-'ioD-ho N are wa 10 r. our
bread anil butter? The genera. opinion is
tia, hi, desirable compound !, liAcly 10 bo
scarce and vzn'el b.; many uou'h- b"iorc
the winter is over. oac wo,k moro win
,Los. II ID. aiia!a are not hclyy during
,ha' 'an, 4 *, Vii brighten 1rac.a.
h,y
moth. a;rh. rar,on. Ci.,,,.l -'r.L,,..
IS .are 4a accopn' "a 'h- 10 ~ '.a