The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-04

We do not often notice the comments which
our cctemrorsries think fit to make on the finan-
cial course OF this journal Our space is very
limited, owing 10 the pressure of advertisements,
ard We thy to fill il up with useful matter; which
leaves Us but little room 10 expose the nonsenee
Of journals which dom know nything, ard the
trash Of journals which, Knowing better, are paid
10 conceal the truth. This must be our excuse
for not noticing earlier the stuff which the Wall
street organs bave contained lattery in reference
10 Ourselves We are told that the HERALD is
'deyili,h' and fendish' In small! capsl; that
this is an all omenei" ard "incendiary journal;
that we ARE frantic 10 ruin the country" that
our vision is jaundiced" aud our "hear.
Wicked that We are "jaokals which assemble to
Gevour the carcass ere the victim Ia dead" These
are only few Of the flowers OF rhetoric which
We fiud in the journals which are owned, hired,
or subsidized by the stock gamblers, SPECTATORS,
ard moneyed monopolies of Wall street
The public will thus perceive how faithfully
The Herald has discharged its duty, and how
italy ard iclipgly II he1 struck at the root of
our present disorders. The men who call NJ
ierdish ard dcyilish and incendiaFics and jactals
arc tic same mon who have stuffed the pockets
Of this community With worthless railway
stock, 10 the utter run Of Thousands OF fami-
lies ard the complete pfosira.ion Of some OF the
mcst important branches OF trade. They Il Il
Who, FOR he last year or two, through the same
journals which now contain their datribes
against us, have becn exboriing aud iuploriDg
end bssSechipg the farmers and the merchants,
and the men Of small savings to buy railroad
stocks-to wit, Eric al 90, New York Central at
g.. Michigan Southern at 20, Illinois Central at
100. Reading at so, and other stocks In proper
ton. Their abuse OF The HERALD dates from The
hour when VIC opposed this attempt Of theirs to
shift load they bad dishonesty swelled, from
their own shoulders to that Of the people Of the
country c. large the least rejection will cx.
plain it, motive ard IT. secret aad the least
common sense will cradle every one TO decide
which eourse has been the most beneficial to the
country, the course which has urged people 10
put ttcir money In railway stocks, or that which
has warned the country against them.
TIE people Of The United States must never
forget that between them aud the spectators OF
Wall street there is nothing al all in common.
The spectators will cheat and swindle them
year out ard year in az long an they live, IL they
can they viii print and hire newspapers great
aud snail to aid their swindling operations, and
serve es the dccoys to their traps: and those
newspapers will perform their part Of the bargain
by abusing and dcnouncng any and every one
who ventures TO interpose 10 protect tho inuocen,
public agsins. Tie dishoncs; tricks Of these very
corrupt knaves.
That the Herald has been right. from fret 10
last in lis policy in reference 10 the railways the
events Of the past few months have convinced
evcIy ore: even those who we're the most virulent
against this journal may now he heard utterng
the opinions which they abused ,rs for printing six
months ago
The humble pic" which the organs Of the
railways arc row ealing may yet be reserved for
the friends Of the bank and the merchants. IL
they arc not particularly careful
The crisis j. not over. Yesterday We saw
rcfiod Of imitation az scnsecss az the former sud.
den decline The marko, flies about with a pre-
cipitancy ard intensity which tell tale Of fever
etd unna'urel pressure. The crisis Is not over.
We have uol paid for The enormous over importa-
tons Of The year. We have not relieved the mar
ket from these inmtnsc borrowers, The great rail