The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-05

er than the subject demands The medical prO-
fession stands today, self convicted and
stupendous humbug.
CHEvALIER WEBBs TRoUBLEs-Chevalier
Webb is always in distress sometimes politi-
CAL sometimes financial, sometimes religious.
His last groan is a mixture of all the three ele-
ments. Bennett, Buchanan and Bonaparte seem
to annoy him amazingly. He can no more settle
it into his mind than he can settle his paper
bill, his butchers bill, or his numerous mort
cages We will, however, endeavor to correct
some of the Chevalier's Authorizations, and try
to purify the cloudy atmosphere of his intellect,
as far as it is capable of enlightenment
We have never speculated in stocks, either in
Wall street or on the Bourse, either in the Uni
ted States or in Europe. We have never lost
money in any of our operations. But we came
very near losing $4,000 in unknowingly and
unwittingly endeavoring by indirection to sus-
tain the Chevalier Webb in oil his undertakings
for the last few years. We will EXPLAIN
During the last ten years we have paid In
cash. on the nail, over two millions of dollars to
Persse Il Brooks, paper manufacturers, of this
They had had about forty thousand dollars cash
belonging to us in their hands, as loan or depo-
stitching the earnings of the HERALD for the
previous few months. At the time of their
failure Chevalier Webb owed them for paper
about forty thousand dollars, the payment Of
which he had postponed again and again, while
spending his money in foolish extravaganza, in
stead Of regularly paying his paper merchants
by the week, in cash, as we have done. The
money advanced by us to Persse & Brooks be-
came, without our knowledge, the means of let
ting Webb have the use of forty thousand dol
lars for long time. His inability to pay this
money was the principal cause of their failure;
for if they had had that amount in their hands
they would have got over the financial crisis
safely, and come out with fortune of one hum
dred thousand dollars each when the times grew
better. Fortunately for us, however, by an un-
derstanding with the creditors, we ou.did Nick
Biddle's financial genius and reimbursed our
selves since that period for the advances we had
made, by deducting SO much from the weekly
bill Of cash payments. And now we arc square,
while Webb and his establishment are loaded
with debt and delinquency to the Harpers, to
Moses II. Grinnell, and to Persse a. Brooks
the latter of WHOM have obtained a second
mortgage on his little property in Tarrytown,
for $4,000, according to their own circular
statement made to their creditors.
Thus it appears that the show and expense and
extravaganza, and fine dinners at Washington,
and the junkettings with Lords Clarendon and
Palmerston in England, have been sustained, un-
known to u.s. through the Intervention of the un-
paid paper account of Persse & Brooks. and the
savings of the HERALD establishment. Chevalier
Webb, had he one spark of chivalry or common
gratitude would thank us for saving him from
utter ruin, instead of listening to ridiculous
stories of our operations on the Bourse-opers-
tons which never did and never can take place.
Will the Chevalier be gentleman for once,
and state these facts in the columns of the jour
nal which We have supported so many years, indi-
rectly, through the paper account of Persse l.
Brooks?