The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-01
MORTALITY AMONG NEWSPAPERS.


There can be no clearer evidence OF the retributior
which waits upon evil doings than the ruin which the
has brought upon those newspapers which have been in
srumontal In provoking II. or the antislavery ant
quasiregious journals which have helped plunge the
country its present difficulties the great majority
have since the commencement Of the struggle, either diet
been reduced to solicit ocemosynary aid to pro
long their existence. One daily which was started with
view to make large profits by quilting the religious portion
OF the community into the notion that they could control
and give Puritan character and TO the newspaper
press has been forced to abandon its hypocrca profes
sions and now seeks to sustain ITSELF not by honorable
business competition but by struggling for share Of the
public plumber. Another, the Sun which was purchased
from It's late proprietor with similar views is on its last
legs, and Is obliged to resort the mos. pabc expcdi-
ens to keep itself alive from day day In order TO pre-
vent the mortgage securing part Of the purchase money
OenS loreciosed secret movement recently set
loot by which II was hoped TO raise the sum required.
Inc private circulars sent round with this object
characteristic Of the class who thus pretend regulate
journalistic morals that cannot deny readers the
qualification Of hearty laugh over them.
PRIVATE NOTICE.
"A meeting Will be held ut the Abbott Institute
oil Filth avenue and Thirty fourth street. Thursday
eveninR October IS at half seven O'Clock 70 con.
slider what action called for from Christian ctzeus by
an opportunity providenally offered during the re.
anaef oil The present mouth only TO Of the
oldest and M st important OF our popular daies for a
small part OF its value TO tho service Of Christian truth
ana morals and to preserve from the danger of falling
INTO the hands OF parties whose views and aspirations
may be incompatible with the pubic welfare large
Investment OF consecratcd wealth already made must be
immediately secured TO its benetcant design or else per-
United to accrue to the profit and ACKNOWLEDGMENT Of
worldly, perhaps dangerous, men.
New YORK. Oct IS, 1861.
We are credibly Informed Of the character aud i'm.
lance Of the opportunity in tho above no.
tice and consider u worthy of and immediate at
sht.h we understand the proposal 10 be disnteresed
me on the part Of individual Who has devoted CON
siderable fortune TO the object but in consequence pre-
saent financial disaster nexpectedy finds his property
Insufficient TO meet tho final payments, and is willing to
nder the advantage security OF bis large Investment
unconditicna. to others who viii accept and use il ac
cotdng to their best judgment for the end proosed
Under his Information we cannot do less than to urge
faithful examination OF this impressive call of Divine
Providence will ends4Sor meet with others for
consultation on the subject at the tpe and place named
William Adams, " T. Dodge
N. s. Hutton, A. r. We,fnore,
george fosts, f. s. Winston
y. palIsohs,. ~. ....s..----> gsssi;,a Hoadey
u you have time yod may prepare yourself to apfeEend
luy inc object OF the meeting and, perhaps to offer sug
gesiions for the best mode Of attaining it, should i'm
friends you may think proper ask aud exert your in
huence to induce them TO attend You will observe that
The time is short, aud IL anything Is to be done
be done quickly II would be particular favor ii you
would rpy 10 this note, stating whether you will be able
to attend at The time and place mentioned and, if pre-
or counsel in writing addressed to the Abbott Institute
to either Of the gentlemen above named.
A CONFIDENTIAL COMMUNICATION.
Ihe party receiving this private copy will please conne
II carefully to his possession
None who watch and pray for the coming Of the Re-
decmcis Kingdom doubt that the daily press, which
threatens by its prodigous modern Development to
prove ultimately the chief organ OF public will the
grand depository Of popular power is to be converted
ment Of such conversion would certainly be regarded
rs bright harbingor Of the latter day. In the mean.
limo, is it not the duty OF Christians endervor to
M rhnnn
as possible with the power OF truth and the Gospelg
any doubt OF this obligation could exist IL Is auhori-
talyely removed by the act oil Divine Prov dcnce of
the oldest, firmly established and most extensively
circulated, Of the popular journals Of the day
be had for Christian purposes for the amount Of
cumbrance covering perhaps forty cent OF It's
This opportunity will stand open until the Cd
day Of November proximo, and will then neces
sArly, be closed forever Not day, therefore, is to
be lost. Five times the amount required will
not build up such means of usefulness after that
date, nor will any sum Of money represent the evil thai
may follow, to the interests Of religion, morals, order
and property In this city, from the sacrifice Of this
bidder.
What does this Providence means What duty does Il,
impose upon conscientious stewards OF Christ and ,f
public spirited czenss The circumstances .otcs 80 go
thcln te responsibility 81 an immediate Rps anal
THE sTUAT,oS
The operation to be proposea although benevolent s
no. necessarily s gyos Operation. business opera.
proposing y Fit II right to permit il to become mere
pusnes5 operation they would not be compelled to ap.
as II, Is aIs por bad as s TIMES
sacrifice Of property involved that Spectators, mere
SSI H. s;s y; s ssg ne e. terms terms, which
Agleat effort has been made. and large ifnount Of
money sunk to establish in this city daily newspaper
that should be organ Of Christianity the churches
or II not their representative the fullest extent at
least their servant to extent The failure Of the
effort has been, perhaps Of the dsheartening
that Christians in this city have ever had TO encounter
yhn hall al
themselves in 1t to be complete and overwhelming if not
final. But i is not yet So Christianity yet holds
strong position in the daily press Of which II uncon
scous because for that will presently appear
publicity In the movement has been studously avoided
II holds position too strong to DO lost by any necessity
or adverse ortune-the only question being whether it
shall be passyely and voluntarily surrendered That In
word, which was unsuccessiuly attempted in The
World, at sacrifice OF hundreds Of thousands is yrt
ally realized in different quarter, without asking tho
Christian public for dollar and demands only an invest
ment not donaon) Of moderate extent to secure and
! perpetuatc IL.
The oldest but of the popular dailes enjoying
long established and In ordinary times highly proita-
bic BUSINESS which averaged for the last years more
than twenty per cent profit annaf on the price re-
Gently paid for it, aud more than fifty per sum
now required as an investments the disposal those
vino wish to see consistent Christian daily paper Of
large circulation in this city Five eghts Of the purchase
money, and nearly much more in Incidental invest
mcnS and sacrices have been ready paid by an ndi
vdual who hoped in like manner, singly and silently TO
have paid the whole. But his last dollar is gone The
former proprietor Is thus enabled to oreclosc his mort
gage, and to repossess himself III pe,mitted) without
money and without price, Of PROPERTY sold but one year
ago for which he has received ncludng ntores some
S66,cU0 in cash. These facts Of themselves lend sufficient
probability to the statement, that there parties
enough who, for POLITICAL lobbying, speculative pur
poses, would eagerly advance than the needed
| to disengage the paper from the mortgage.
HISTORY EsTERiRisR
The circumstances connected with the inception OF this
enterprise significant enough 10 brief men
ton. AS early as December, 1853 the person now en-
gagged in editing the paper moved 10 put forth In
small monthly periodical the proposal to tho aper
yndng circulation Of the common daily newspaper as
vehicle for the Gospel No response followed his public
proposal and private inquiries and the thing quietly
submitted to God, and dropped Two months after this
by Of stray leaf OF paper tho proposal and
its author introduced TO wealthy stranger just
returned from long absence abroad whoat entered
into with religious earnestncss which has only grown
through protracted delays trials and sacrifices from that
/ day TO this
II may be proper TO state, for all that the method
OF the work adopted at first and pursued constantly
this day. by these brethren tina. Of unad daily
prayer and watching for the guidance Of Gods holy spirit
! ard providence.
The pecuniary means thought necessary in wait.
ing but they had not their way fully 60 forward,
except certain preparatory arrangements for starting
paper, up to july 1850. At that time Unexpectedly and
unsought this paper offered them by the nterven.
on OF third party for sloe 600 This opening diverged
so widely from their precoepeivcd plan that It at
first scarcely rtained II commanded their