, 1865-08-18
WALL STREET PANIC.
Accounts by the New York
Papers.
TGEMEHDOrs NEUTRALITY-SUSPICIOUS. OF
HONEY IETVLFEu.
MORRIS, KETCRUM & co,
Statements Of the president of
tlIs 1kaMk OF New KOrk,
Morris Aetchum and
Charles 61Fuhuu.
Wlerea tauts u Yonpg Eetehum--He Buys a
Bag and Jams $6D,0tO in 1t.


The pecp:e Of ancient A:he1s. according to s..
3sul. sscnt the Grtatez p7rton OF taei. Il ne Ia
.ntrE ffrrn etEcct 20 erieet &pek'nY ntws. Tue
pop!e o1 New 1ofk are reduced 10 no ench e1
rtu1sty. The dat'y, revelations OF Wall etteeI
dune fufhce 10 entlate the mort tayenous craving
ut 1ovelty. and unlehs d brake le apo1tEd. cre
s 16t ty ~ BE- .as9s6 ~ tapsy 20
vi Lac. ~hllc the mere police force has beer
srlsely euEsced in ttaekfcr thieves End arresttne
purdtrc1s. cur more active detectives h1yc dis,
,Dsasut1ons q 3onseness Of living and recE eetue=S
II expenditure which tfrned h7oly for the eound.
aess ol The principle. on which those institutions
we're managed, and Indicated laxlty Of espIou.
sce OF pfoper RatchlalIess On the pa.t Of tae
uan4Gera. The case OF jenkins IL siill ftean
1pom TIC memory o. tee pnslie it terrible 1aso
Et entirely told. and while q surprised md
Htmhled community arc csnv.ssnc tfr poaelbtIt.
ues Of other cxpceer, Ike clap 9! thucdcs nom
clear Ky cou,et the following
STARTLING scorxngE11sn
from the homes q tbs Bulls and Bea,t, from The
FEYT $oLt Of Old rfntty ittelL
toHn Haa that Of Mos1lp KetcapR 4 son' IL
cpernunls during The pAst four years have baen
enormous, ~ Eosu oniitprs en- nnsrr.ss,ng 10 the
Government, ard tte credit, 20 fErAas uere cszh
VIZ corcerned, almost upli a!ted &The conccTr
ba2 smAate1-Couc eutifely-ud ior the fo,Ipw.
Ing stasont: The tucior member Of the arm, not
content With the Legitimate ltne Of busiusts Il,
which tis father bad made a fortune ana nauae.
a.als thIgely IN stock., op-tnted hesviy tn ri
Int m:oc, lost. made scatn, lost more, hypo:hc.
Lore, forged gold checks With which t. supp?yx
mlrgip. took up conc Of them with the pssceeds
Of the siolen securities, continued his specul a
mons, lost. continued his fosgeHes, lost, kept or
tiacoreyy wAt rnade prbasc- a1d while b q 'her's
hanse fell crashing about bis head HI. Edward
kttehur took Up bis bsc nbd rlr.
II e., ,se S sFns whe aGh
ooaidt Of The city beyond anything fince the sur.
render Q! Lee to Grsns, which cansed the mtket
% lhroo. md the foundations Of a4 that was
pot whtse to EvfL Already stockholders OF banks
Hae Noiraee tht directors, 1n1 the c.tectors had
ussXeFo the officers concerning the way in which
.s IL. s. Eefe damaged, md now, nhtn everything
3of aociuo uitfortune, came ill., clIm.I, sbso.
Iatei1 tff;b'G IN he pIopurt.oos.
,s. - 1to1y s, Ntefnorn there were ynnofe On the
eeated and paesed At lhe Co d Ram EveTnEtns
uoN TeSe1!ed The fact that Yum ~ 1s. r,rrar4 .nd
,oat eotao aelss o5 ntesn chc:ks for ts505 e1ch
whore name do ihey beaf-thete and c.h.r ~ 49,
dsed quss;lonz ag1ta:ed the N M who ~ sn,.,
es'ea n everything that tttusplrca IN tse nam
Sneiee. but nothing could br aEcer timed AMI fss
~ ,ssesea hFs1n OF many bEok-r worried ,hroush
'nr n1tnt impatient for the mnsn1nE.
lily es'crdRy morning it was z1npucted nnnn
AZ tnr sesa q aId at The Botrd Of Brokers that the
LII ~ eftle hcichum d Son had eutpeuted
II NELL latente ea.erneas for facts folio xed
aas Aonou1cemen'. 2Gu the thousand tongues oY
asont he 1sme eess.sessy sod with ottet tiles
hour betore EhaEed the rcsoec1 and rnned.ncn nr
1heit ptert Il bunk or bosrd "
II ~ eaia that Kstchnm 4 Son haa opsrstea
5ond ibs,r deptb I'D s:.ae IL sa'tGc gene Be;
yonne heTcnnm naa, ounnx his f4thar ! sbsence.
snt ussne the ssae1s Of the souss u eollesstais,