Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1860-11-03
[From the World, Of saturday
FRIDAYS NEW YORK MONEY S,,n,

The bears were let loose in the w.r
street menagerie yesterday, and ea,lo. ~ u
the feats Of their brother, the bull 4 ' :
China shop; or rather they tried the ta i su'
Of that famous ass OF + ops, which NM ms
a lions skin, and caused a seamnelin.. VI ],
men, and scampeling Of beasts, unssl u
Imwny rustic, who understood the ,rol'
stripped off the redoubtable hide, ami baIa
bored the imposter with cudcel. MI.
Wall street panic makers deserve eouanv
vigorous treatment.
The general depression Of stocks vesta,
day, from three to five percent, was mr..
ly factious operation, conducted in n5~n
ance Of an atrocious plot concocted bE laaS
ing political and financial gamblers I'm,
political conspirators against property a.
driven to this outrageous trick BY sheer des.
peration. The prodigious patronage oftbs
federal government, amounting to eighty
million 81 dollars annually, seems likeIy 4
pass under rev control. 1t is not sun,is.
ing that the party which has for the IA,
eight years dispensed these millions and tbs
honorable offices to which they are an amen.
dage, should attempt to tighten Their grasn
on what they seem destined to lose n
long as they limit their exertions to legjti.
mate or even customary electioneerinr, an
independent press may not feel called UPON
to criticise them with much sharpness a.
severity; but when the attempt to propun
their lettering influence by wanton and
reckless crusade against property, BY incep.
diary attempts to kindle alarm and spread
devotring terror, silence would belittiebgt.
ter tllan completely with their crime.
The Wall street tnanciers are simply al
thsi. old tricks. The operations yesterday
attracted unusual attent on from the fact
that the ordinary gambling machinery was
made to move with more than ordinary
momentum. ] t is the business Of tie
Wall street guild, which they practice from
years end to years end, to alternately de.
press the prices Of stocks and raise them.
The bears, who cause them TO go down to-
day III order that they may purchase to al.
vantage, are netamorphosed into bulls to.
morrow, and operate for rise that they
may make money by selling. They al,
w.ss keep sharp lookout for Occurrences
which can be used in this game. The
breaking Of bridge, the burning Of
depot, the smash-up Of train Of cary
a collision, freshet which undermines an
embanklnert, short crop-a anything and
everything, IN fact, is seized upon and mag.
nifed for the purpose Of depressing prices
by those who want to buy. A great god.
send to Wall street is the bluster Of these
desperate political gamblers whose lastcad
rs a commercial panic, by which they hope
to brighten the country from the calm eg.
preston, through the bailot-box, Of its De.
liberate opinion.
Despite the temporary success Of these
wicked lnaneuyegs yesterday, we trust tho
country will not be deluded BY them. Let
the owners Of property keep cool, and hold
on till after election This artificial panic
cannot last much longer than election day;
and even now, SO great is the elasticityd
some of thege stocks. which the WallsTept
bears are struggling tc depress, that 'AeY
rebound in spite OF them.