The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-17
THE STAMPEDE At SARATOGA.
The Wall st~eot Exefterisest ~ tho
Springs.

The Wall s&Seot Ese e6sent ~ tho
Springs.
10 THE EDITOR OF yBE HERALD.
New YoRn, August 10, 1855
The Wall street element In Saratoga Tuesday
and yesterday in quver Of excitement Figurativoy
speaking, mrth and laughter Turned into maedic-
tions and tears host Of "buIIs" carrying their
insignia "tho horn of plenty" transformed
necessltous individuals confronting peremptory de
mand by telegraph for margins Dispatches
rived early In the afternoon 10 the that Ketchun
Son Co had failed, and that Charles Graham had fol-
lowed suit or course all knew that il Ketchum
went overheard Graham would share his fate But am
walking into 'the street 'Let my taIen the
old poets used to ray.
No sooner was II known that Kctchum and Graham
had "gonc under" than general smash anticipated,
and general stampede commenced The great subject
OF conversation during the morning had been the Great
Eastern and the cable, 10 which fresh impulse
given by despatch reporting that the big ship
"sang slowly into Aspy Bay with her colors nyiDg." Il
afterwards proved 70 be what is classicay called
'se and several bets lost and the strength
Of IL. Now, however, that panic announced
in Wall street half crinolIncdom joined amenta-
TONS and the fair urged the brave repair instantly
New York But the brave required very little urging
upon this point The afternoon train carried
away large portion Of Wall street, notwth-
standing that numerous promised drives 10 the lake
interrupted in consequence. few, however,
lmportuncd to stay and with characteristic amiabity
they to the lake, and OF them afterwards
the given by Jerome Hopkins, Lelands opera
house, and finally TO the chop" But they preoc-
cupied only postponed their departure by
going by the afternoon train they would have reached
New York too late Tor business few bent upon
sitting up all night and taking tho train at eighteen
minutes past three A. NJ but they assured the
hotels that that train very uncertain and that the
haifpast clock would land them the city
at half past in the afternoon, and they waited
over
was Of those who waited with them. drove 10
the lake and drank milk punches and fried potatoes
surrounded by beauty and "waterfals" and went 10
the concert and said "hear hoar 10 the performance
which excellent and then danced the chop, and
after adrniring the loveness around my hearts
content, resigned myself TO the embrace Of somnus
and awoke to the cry Of six ocokr and bang al my
thomas at the hotel bookkeepcr who did tell the
train would not reach Now YORK III quarter 60 four
The rest Of Wall street on the train the same
lIghtnl and contented framc OF mind but all bore ID
beroisaiy. We seized the HsRALD spasodicsily when
boy came board with at n wayaiJe station, and
read with avdity all about Ketchpm Co., with little
regret nc having had visit Saratoga thus suddenly
short by what may partial sspe nsion or in
sulaton in Wall street. How J svmpsthiyc With those
dear creatures still at Saratoga whose husbands and
fathers left them suddenly their rosourcosl
But such s life, and am Nephisopbecs enough 10 be
leve thai sometimes cont of evil comcth good, and
that wall street warnings may carry wisdom o the wise