New-York daily tribune., 1859-06-30
FROM HHAUELPUIi.

PIKE's PEAK AND MR. GREELEY THE RACE
YOR ERw IDEAS - DECLINE or COAL
srocKs-- BAsKs AND DnohEHs-sPEcu-
LAIIOs IN sgEDs-THAT MOUNT yERSOS
mOsEY--BREaD BY WEIGHT.
From Our vwB Coue,poacsnt.
PHILADELPHIA, June y, 1888.
The dispatch from Mr. Greeley ut the Gold
Mines has been waited for by thOu.ands all over
the country. IL sets az rect the last remaining
doubt. for by common csnsen, il is known that he
10 % he believed. But tho bright side only Of the
picture he La. given vii be remembered. He
slowipg account, though tempered by wise and
lsiherly caution, will put in motion fjr the
uunss, iom every Idle hamlet in the Union. What
a commentary on the lofty character he has
achieved, does this event offer! When the hrst
stampede Of the returning gold hunters was pa
raded through the press, aud all were hc'italpg
which stoy 10 believe, the best or the worst, 1t was
known that Mr. Greeley was on the high road 10
the mnes--that he would shortly reach the doubt
ful scene, and that his verdict on it, richness OF
poverty would soon be rendered. Public opinion
Was everywhere suspended, and the x0rd of
would be- gold hunters kept stll until that verdict
should come, knowing that whatever Horace
Greeley wrote would bc the truth Hts certificate
will almost build up another Free State. They
will aot heed his caution but the rush 10 that far.
oh region will now De ~ ten 10 one before his
visit. What a Singular coincidence IL was that be
abvuld Arrye at tho mines just at the doubtful
moment, reversing, by dash of his pen, the pub
lie opinion Of All entire nation
Such 10 the fcyeIish activity Of the American
MUD that no idea is started having the loast
blanee Of novelty about il, but n thousand parties
IL l.. =. a =. -.
race 40 simultaneously as 10 render II certain that
all hArds we're waiting each IN his quiet corner
for this Bew idea ~ come along. They spring upon
il with on eagefness peculiar to that freedom Of
thought and action engendcIed by free Institutions
To-day il may be a gold deposit in the cheerless
sorges Of the Rocky Mountains Tomorrow IT may
BE- ioat somebody calls for a new postage stamp, a
new street bydrant, or selfacting toothpick. No
matter how great or how insignh ;ant the object,
the rush after the new hobby Ia equally universal
and equally mpetuous. Tue capacity u gsnpplc
with sny difficulty seems taken for granted. A
fortnight ago certain Journal started story that
the Post-Ofico Department was cheated out Of
$i,QV0,000 Annually by counterfeit stamps. Yet
the Government complains already that IL is over
whemed with letters containing plans by which
this cheating may be prevented. Our city author-
ties determined, within 30 days, 10 establish drink
ing hydrants all over town. Yet, the number Of
plans b, W 10 do II IN the best manner, Is aresdy
very large. and some OF them are very good. The
xrcstest novelty, and the funniest is bydraut
calculated t. accommodate man, horse and dog. IL
is adapted to beog placed over the comm m street
hrc-piugs without, lesscning their usefulness. II
10 made OF iron, with three basins. The upper one
catches the water fr drinking while the waste and
surplus flows of into the second, which is placed
on The opposite side and lower down and is in-
tended for the Use Of horses. The third basin re-
cei,es IL. supply from the second, and viii accom-
noda'e The dugs by pressing the thumb on but,
ton set IN the top, the water is msde to flow, aud
The How ceases ON the pressure being removed.
4, Every reader OF the papers must have noticed
tne gradual setthI down Of prices 10 several o
our once e-prominent coal stocks. This declension
hss been appareht, not only in tue coal mining
companies, but in the st. OK of railroads got up
win ceal.carry'ns as q dependence for income. 1t
cspnot be concesled that much OF this depreciation
mowing to the new outlets for coal leading directly
70 New-Yosk across New-Jersey. These works
plunge directly into the heart Of the coal region,
snd there tapping the old Improvements, not only
Sserta portion OF their freight, but deliver coal in
"e~'sork 1t much lower prices than formerly.