New Orleans daily crescent., 1866-10-15
LETTER FROM NEW YORK.
Special Correspondence Of the orescentl

Special Correspondence of the Crescentl
New YORK, Oct s, 1866.
This city would never be finished even if we had |
no fires to destroy property, but it quite certain
that it will be almost impossible to keep the city
built up if we are to have periodically such de.
structive fires as we have had and are constantly
having. Not only does the elements destroy build
ings and merchandise, but human lives are in
cluded. tits not two weeks since we had large
lire, consuming some tenements, by which several
lives were lost, women and children being burned
to death. The fire, without doubt, was the work
of an ineendiary, and now a reward of $1,000 is
offered for the detection of the scoundrel. Satur-
day night witnessed another extensive conhagra-
ton, destroying about 5000 900 worth of property,
in which is included st. Patrick's Roman Catholic
Cathedral the long cherished object of the love
of all followers of that church, and in the vaults
of which rest the remains of the late lamented
Archbishop Hughes and other prominent clergy
men. The expressions of sorrow at this catastro
phe which fell from the lips of the crowds that
visited the ruins yesterday certainly disclosed to all
that the loss was deeply felt. Although the build
ing was old, having been built in 1911, it was in
good condition, as it was redecorated and put in
splendid condition in 1888, since which time it has
ings, vestments and all the appointments were
very handsome. The insurance companies will
stand the loss WELL although some of them lose
heavily. The Liverpool and London (Which COM
pany never gets much sympathy in consequence
of their course toward the large and influential
class Of men who follow the business of insurance
brokerage, in which, however, the brokers beat
the company, as well as their presuming manner
Ifo1Vr
rance and security to- the insuredl lost $97 900,
and they take such large lines they frequently get
caught for very large amounts. The insurance
companies, as a class, are standing the terrible
losses without much doubt as to their entire sound
ness as yet
A. 7. Stewart, who last year returned the enor-.
NOUS income of S4O0OOOO, has just offered 81 ,O0O
900 for the erection of buildings for the use Of
mechanics, atsuch rents as they can afford to pay,
provided the city of New York will donate the
property, the income from rental to be applied to
repairs and extension of the buildings. Now,
this offer is liberal on the part of Mr. Stewart, but
he knows that it is not in the power of this city
to donate their property and therefore this char
table scheme will fall through, when it might
have been carried out very easily by Mr.. Stewart
turning over some of his immense possessions for
|
1t seems as though man of his immense wealth
might do something handsome for the poor, with
out any ifs, )" or "proyisions" He is building
for himself perfectpalace, and at the same time,
Ipresume, falls in with the rest of land and prop
erty-owners in keeping up the outrageous rents of
dwellings, when by a decided action of our
wealthy citizens, people might provide for them
selves proper place to live without paying all
| their income for it.
The theaters are all thriving. Maggie Mitchell
commences an engagement tonight at the Broad
way, and Miss Davenport (Alrs. Gen. Lander,) at
Winter Garden. Rstor is drawing good houses
and pleasing everybody beyond expression.
Wall street is resuming its usual activity, and
speculation is on the increase. The "shortsn on
Erie are bothered considerably as clique has
taken hold of the stock, and have "boosted" it in
the last ten days from 65 to 95. The impression
is that it will go above par, and then probably
come down with crash. A man with limited
means had better keep out of such ''big thing"
as Erie just now. Gold has run to so again, with.
out any cause but speculation, and upon these fic
titous prices are based all the values of merchan-
die which are alike necessary for our consump-
tion and wear.
1t is much regretted here that General Dix ac-
cepted the French mission, as we lose thereby
most efficient naval officer and strong friend of
the administration policy of reconstruction, and
one on whom we counted strongly to do a
large share of the talking during the potica cam
paign now before us in this State.
1t is now becoming settled thing that the
Seventh Regiment New York militia will visit
London and Paris during the Paris exhibition. A
subscription list has been already started, headed
understand, by Morgan L. Harris, for $4,000
The expense of transporting and providing for this
large regiment will be enormous, and they will
undoubtedly have jolly good time. 1t is stated
that they are to give exhibition drills, contestng
with the Britshers,' and are to be reviewed by
the Prince of Wales at Hyde Park. It is quite
certain that we could not send any body of men
who could do us any greater credit than this regi-
ment, They will take their band, numberingforty-
five pieces and go fully equipped. Such is the
report, and certain it is that very pressing invita-
tions have come from London for them to pay
visit.
General Santa Anna has taken up his residence
on Staten Island, and receives daily calls from all
descriptions of persons, who desire employment in
his army for the liberation of Mexico He recruits
quite rapidly; and has already issued commissions
to several who were officers in the Federal army
during the late war.
EYES AND EARS.
a vErIn TTr, +ba ERtran