The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-29

posits in cool AMI systematic manner. Of
course this run stirrsl up nj army Of note
holders, and Wall street was bssicgrd with
thousands oil people who very rarely take oc-
clsion 10 vis, that renowned thoroughmre Of
monetary men. 20 then and there was hur.
ryng TO and fro" and the whole street was
flooded from top to bottom with the curious
and interested. Messengers ran from bank
to bank, laden with weighty bags the shining
coin was poured ont by thc bushel before the
grcdy eyes OF the multitude, huge bcllied
bank pinctors and Presidents the serene
iatnexs Of whose coun,enanccs, no woes of
common mortals could disturb, even the
Brahn'a-lke mcney kings grew pale aud
their knees smo,e together as they bcheld
be ebbng OF the golden tide Next
morning awokc, aud Babylon the Grst
was fallen her gold had departed and lin
place thereof was nothing hut rags"
Bn, everybody was jolly! The Longitude.
nal development OF face gave way 10 the
horizontal horse laughs were heard again
IA hr streets, and there was general inJi.
mite expectation oi good time coming
Everybody i,l, relieved vi individual rcspon.
shilily, from the Iact tina, nob edy could pay
ANYBODY n, ptcs nj, ~ there wasn't any.
thing 10 pay with. Tho fcrrymen gave
change IN ierrytiekcis. the dining saloons
In soup tickets and thr "tick system became
alnrmIngly prevalent, on the principle that
you may as well trust Que man as another
since n66oiy c0uiti ha e2pvtef 10 pay.
Now affairs look better We shall ai any
rate have circulation which will regulate
our domestic exchanges. AMI enable manu-
iac,urers to give some employment TO their
hands our foreign creditors for dry.gooda,
,niiroads and other Injuries will be obliged
10 whistle for their pay tor some time tn
come, And by the way, Uncle Sam ia like.
~ to get short in the poke, before another
siN mo n,hs comes around. for II impor,a
tons como in w light only IA the last two
weeks, the datIes would not pay govern
men, expenses. Int they will fall of
too London Manchester and Paris will not
trust people who cannot pay them, and las.
uries are ut u discount just now. We pre-
diet n lighter season Of imporia,ions than
was ever known before.
The only saleA Of dry goods are nj retail
~ the iobbing trade ar" offering their stocks
10 ladies al wholesale prices, In order to
raise money TO meet their obligations.
These retail sales are thronged with bar
gain makers, who nrc investing their mon.
ey to quite IA cool advantage a. II they
pu, II into fancy stocks. The dry goods
trade are still in tight place, and there
mus, he more failures, bu, the wors, IL over.
Extensions, public and private, are tho or
der Of tho day Some Of tho heaviest CON.
mission houses, agents Of manufactures In
Manchester, \. II and elsewhere. have Of
itr'd public terms TO their creditors which
will probably be- accepted.
Cotton is down with few buyers nobody
wants II IN this country and the dcrange.
ment Of exchange prevents orders being Oil
I'd for tngand lireadstuh are low enough,
bn' will be lower a. soon "a arrangements
ARE perfected for bringing forward the crops
Good stocks nre looking M in fact have
risen above par value IN few instances.
Everybody has taken Il, OF economy
how long II will last IL u matter OF doubt. $500
5000 silk dresses are reduced at the grca,
broadway shop to 800 and find few buy-
ern ~ that. -