New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-02-03
FINANCIAL CRISES. THEIR CAUSE AND
EXPECTS.
MR.. CAREY TO MR.. BRYANT.
LETTER FIFTH.

DEAR SIR: fortnight since, you stated, on the
authority Of DR.. WynDe, that pauPerism Ii the State
Of Ns~.YoIk ban assumed proportions relatively
greater han ,hose Of Eng Scotland aud
" IN advaI ce of even te do wntrJoden and u0happy
Lem d-y our percentage being ~ high rs 74O, or
more than double that Of all the Brtish Islands. When
thee facts first presented your sanitary soce-
ty ey appeared the managers 20 startling 70
lead then TO doubt their accuracy hut" us you now
have told your readers, after the most careful
" tiny, they Rave ohly adopted them, but given
" them currency authority il their report" This
" condition of facts is that, y0u think, ala
" for investigation 10y the proper suthoyiries-,he
alarming acts being preseDed for their consideration,
II ess bsn forty per cent of The paupers are
native borD that the terrible disease Of paupersm
appears like the Caoadan thistle t. have settled on
"Our soil and 70 ave re nit ated with such visOf
in your opinion, ito defy all half measures 10 ersd
cate it,"
The pauper 10 necessarily slave TO those who feed
apo clotbe hmm, snd slave, too, more shect ~ geo.
tral rule than even the negroes Of the South.
White slavery titus grows Notwithstanding good
reason for the fears that you have here expressed
Equal caose for such alarm msy be ound, however IN
the iact that the growth in the Dumber aud power OF
your nillo Dses keeps pace there ~th-erow wing
inequality of CONDITION here furnishing conclusive proof
OF decline IN civilization and III freedom. How is IL
that such Effects being produced Here is greet
question the solution Of which may, as think You
will uglee with me- be found in the following frshtful
fsets, which have just been given 10 the world,
and which reveal state of things well calculated "
carry TIE alarm Of which you speak, into the breast Of
every man no takes an interest in our future.
In your city there 500 ment houser, contain
ing by actual enumeration 10 933 families about 65
PERSONS each; 1873 with IL each; II others with lao
each; spd, finally %, that, we are tod, are the
mort profitable and that have total population Of
less than 5449 sus OF 1S7 10 each What ARE the ac
therein provided for the wretcoed occu
pauk is shown III the folio ing picture:
"One OF The largest ard recently built Of the Ne~York
bsrrscIs has apsu. Tor i26 families II bull, especially
for this use IL tsDds Oh a so by Is entered
iGs ir m W eight wide end by the vicinity
smother bo,lsc Of eqosl hight tue dakehed
or sSct H. b. II has one which can ia any
vsy te tho1ebl ynsed se he ,Sn, Snd se~s which
IN the alleys and ooovays In the cear through which the
o, ~, bor,. and the courts The water whole
yss .,tab Of sss without doors and
H. y, on, 81 IA, ovesoa common dec n-y has been
rendered possible and The Dor be brutsltes of the
III /. isiy .p+eine And -uch hid-ou. and
sy deOr nre for Two ro9 a., stencil a Si Ind
pIte per cent annually on ne e0"@ ne apart
mcnt.!"
We have here tie type Of the system that is boW
more and more obtaining throughout tue country One
financial conyultion follows another. each IN ith turn
cosI mill, nines, spd furnaces snd thus destroying
internal commerce. With every step IN that direction,
our people he more compelled TO seek the cniss--
thereby sugmeutng the power Of the rich to demand
enormous rents usurious interest," and enormous prices
for lotftber fortunes grow rapidly, While reducing
ttoutsIdr and tens OF thousands " state Of pauPer
iriD aud oestituon.
Is II, however, among the occupants Of tenement
loufes alone, that are TO nd the facts which ind
cate the decline 10 which have referred--a decline
which mut be arrested IL We desire not 70 Ind the
end Of our great republic 10 anarchy and despoism'
Look arouDO you, and You will rec that while our pop
Ulaon lie growing at the rate Of a million year, there
is daily dniDuuon in the demand for skilled labor
be applied 10 the conversion Of raw materials into fin