The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-05-22
cles ef consumption since l840:-

This list might be indefinitely extended but 1t Is the
compass OF every onss experience that years roll by
the price Of all marketable products become dearer until
actually twice much 1.-Two as did fifteen
years sgo As yet there signs Of reaction least
mono that sober business will recognise; but
some day other will surely como, and then look out
Dr. Of the most fearful financial crashes witnessed
n this country.
Tho Of this enhancement Of prices would no.
DO proper TO discuss In this place. but OF It's results
ars curious, and may be mentioned here.
Persons who retired from business twenty years since,
with from ny 10 hundred thousand dollars supposed
they had very comfortable fortune, and could afford
- look forward with complsoenoy TO the future.
Their money would be placed out at interest,
q On amorgage on real estate, or perhaps
hvoaed ~ reliable State city stock. This
did very well for while; but years passed changes
were going that reducing In reality the fortunes
o( these men, though apparently they as rich a.
ever. The Of hundred thousand dollars now
Rnds that the Increased value Of everything else than
moasy has reduced his snug fortune nearly oneha II
no buys house he must ray Just twice as much as II
would heeu years since and tho maintenance Of his
1Aunaiy costs In proportion Thus men who rich In
ls4S themselves ncceated 10 reenter business life
n 1867 10 support their families in the style 70 which they
have been accustomed In former years
Not so however, with the specuAior In real estate. He
has more than doubled his forune for NOT eny has the
natural increase In population been benefit 70 his pro
poy real estate has fully kept pace with the enhanced
valuanous Of all vendabe property Our greatest and
fortunes have been made 10 real estate specuAons
Dad tenants and payers well know the Increased
yearly contributions levied upon them by properly
hosdev.
PROPOSED RIsE IN HOTEL PARB.
O. Mosday week . meeting Of the propuetors OF ths
lsadng hoteas held .. the Metropolitan Hotel 70 take
suss consideration the propriesy Of raising the prico
board from 81 ~ 10 50 per day. Representatives were
present the Aston, ST. Nicholas, New York, Union,
Everett, Brevoort, and other leading hotels.
The meeting WAS . formal one-uo chairman was
sppossed-,he object being have conversational
ference with reference the policy OF rise In the faro
Ths necessity Of something being done conceded
On IN sides Meat gamc aud vegetables was advancing In
pr,os rap,diy and several hotels doing fine business
wers absolutely oosng money, and were Il not for the
Gales Of wines and liquors, In which tbere fair
prou. could not be kep, going
was stated that the second class hotels 10 the lower
pa OF city had nearly al raised their prices from ~
70 the exaction, such could DO called. The objection
10 raising the price was two iold:-
!. Because IL would possibly deter merchants and
strangers from whiting the ciy and thus me Trade o. inc
metropolis would RULER; and
me families who nave boarded for years the lead
ING hotels and who their mzinsay during me non
travelling months might the necessity tor the sd-
vance, and would return 70 housekeeping nom oonsdera
To these oocc,.ous was urged TIA, Soc per person
day very smas mater 70 parties Who came 70 the
city business OF pleasure New YORK sure OF ner po
euou 90 matter what notes charge and oher city
offers the opportunity 70 the country merchants for
buying goods cheap and getting Tong credits With regard
70 permanent boarders at hotels was argued that they
roud find housekccpng for on pcnsive living
boe consequence Of the enhanced price OF all ooosu-
W,hoa, coming 10 any dcfnsc conclusion the meeting
adjourned 10 last Wednesday evening, whea an
Oper meeting was held "a The AcIopoulan al this me;
tnr thought advisable 10 scpd commtee OF Que %
each az leading newspapers OF Now York 10 request
the editors prepare the public mind for tho change IN
ux,cea Contemplated by ue hntc proprietors
Anosher mcosng held last night at Tho Metropolitan
Hotel at rom No IS Among the hotel proprictors pro
scu, were Mr. setson, OF the Asor; Mr. Toadwc OF the
81 N,oso,as: Mr. Capp OF the Evereu Mr. Cranone, Of
che New York. and also representatives from The Unon
Metropolis and Brevoot The meeting was strictly priva,e
We learn that each proprietor present presented The
r,aistcs Of hvcs he they represented, Ia which
cvcry m,nu,iae Of receipt and expenditure sere given
hot went 70 show hotel keeping a. at present COO
Quoted this city, and at present prices, save very
% % s,. on ss vines n and 9uos would be @pos
,lbe 70 conduct them much longer The ~ Nchoss has
eco guests The house Ia considered ful yet according
the figures Mr. Treadwel has in his possesson, not
losing money, he "a certainly making oone' 49,
lie considered impossible 70 economies in these hotels
The attendance must be large, ana honest emp~yes
sxpccs and should reccivc good pay.
After full discussion and comparison Of figures the
sense Of tho %sss M s az. ss, se oSespcnsd
aber sues 10 pay an Extra bali dollar per aAy
The lsi,er course Will undoubtedly DO adopted.
Tre rneetuu adjourned st quarter 70 ten Next week
,sber mccung will be held, when an official dccurnen,
viii be prepared Tor publoaon, giving the reasons NM
compel the hoscl propriesors 70 raise 'her prices
ru, nxorxIL CURRENCY AND THE RATING HOUSES
Bu, the hotels arc alone In advancing prices FOR
wears p.s the cheap eating houses have been striving
m more per plate for their inca, and vegetables and they
have At length succeeded in raising prices very materially
few years since srpenny houses were alone patronIe
by the mechanics and clerks down town. NOW, n.s
peonyn bouscs are very rare and but meesery suppy
cd. These restaurants that waited an excuse o' rs
their prices have found the abolition on inc spsus
shIngs and sixpcnces and the substitution o. ,ne ~
NAL currency. Plates Of meat for which swpence W.
charged canncs be had nj less than en cens VIZ
chilling plates command nf,een cents There nss peen
shens reducton made upon fe~ articles sucu - 49,
dnes, which sell for Eve cents instead Of nxpence vu
cunning bonifaces have made by the change Inc
ing @pe VIII give idea OF the change the decim.i "
rency has maze In the bills Of fare in the eating mousse
and resfanrants:-
pecfufeak mar platc ,o,C ,osx A an