Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1868-03-19
OUR NEW YORK LETTER,


IN favored localities. A few years ago
Tho New York Gold Exchange was
snol,en of as the "Coal Hole" Gold
brokers were stigmatized as Jew
money.changcrs, "Shylocks, "Skin-
ners.i &c. No term of abuse was SUI
ficiently expressive Of the contempt
these creatures were held IN, Yet
during the week just passed no less
than four Of the lending Journals Of
this city, and Congressman and Sena-
tors Of various degrees, have referred
to the god market as thatS'never fall.
ing barometer of public opinion"
Never were newspapers and Congress
men more greatly in error The
great battle of the greenback giants,
now being waged with such relentless
fury between Vanderbilt on one side
and Daniel Drew on the other, tor
possession of the Erie railroad, with
its great tributary connections to the
West, absorbs the attention OF our
people just at prcsent- All Wall street,
yes, in fact, all Gotham are taking
sides in the controversy. The two
railroad kings have suddenly become
as famous for daring deeds as Dick
Turpin the highwayman found him.
self one morning on his way to New
gate, the observed all observers The
governing motive which prompted bis
exploits.on Bonny Bess were precisely
the same as those which govern the
movements of our Wall street ieudal
lords of mammon. Congress and I'M
peaehment, for the time being are for
gotten, Reconstruction has been post
poned. How is Erie is the common
salutation Of the street, in the gilded
saloons, the counting.house, and even
whispered between the periods OF
prayer on the Sabbeth in church.
Public opinion, forsooth Why you
see it here personfed daily, both
Vanderbilt and Drew, backed up by
their heavy artillery reserves OF fifty
millions Of cash capital each at their
command. Each outbids the other
for the Erie succession, while the
stockholders stand back appalled, at
the skill and cunning dislayed on both
sides to throw them overheard. The
power Of feudalism is exemplifed in
the control of a great monopoly to
day as it was in the 10th century.
Erie stock is now made TO huctuate
ten and fifteen per cent. daily, as the
tide of battle shifts and changes
thousands are lost and won every
moment of the day, and hundreds OF
verdant outside operators, and simple
minded dupes, beggared beyond hope
of redemption One side or the other
must break down before long, and
then look out for squalls.
Petitions have been overruning the
Bankruptcy Court Three hundred
and thirteen have been presented in
three days. aaa
Prince Philips Of SAKE Cobnrg, q
cousin of Queen Victoria Of England
is stopping in this city atthe Brevoort
House lie will remain some time
in the country but declines TO be made
lion, like n sensible man.
Lockers out tor fashions observe
that MANY ladioe bA0in. IN wear. theiI
dresses less corded, and even folded
in broad fat platte about the waste
On the fashionable avenues may be
seen, Montana reds, Meternich greens
with the billious-loolxing Celedon but
thank goodness no Bismark browns
Black and green, are fast crowdinl
Bismark brown into oblivion. Pretty
outdoor toilet Of green are now trim
med with crosscut bands OF blacl
satin, fastened down at regular inter
walls by green gimp buttons. Darl
blue serge dresses are generally trim
med with rouleaux and leaves Of blacl
satin, and black dresses are finished
: with ornamentations Of black or blue
The wonderful growth of this city
since 1850, the density Of its popula
} ton at the present time, and the en-
chanced value given 10 its real estate
} affords q fruitful theme for the politi
f cal economist TO ponder over Sine
, 1910, the increase of population il
, New York has been equal TO twenty
eight per cent every five years, an,
has somewhat moro than doubled III
original once in every twenty years
IL is estimated that its present pop
ulation will number at least one an,
quarter million of people, Will
Brooklyn contains four hundred thou
sand, and Williamsburg about on
: hundred thousand souls all told; thel
comes Jersey City, our neighbor
across the North river with its thriv
ing thousands, Hoboken close by an,
r the largo towns and villages within
circuit Of ten miles to be added TO tn
number ofpeople who daily transac
business at this great center To fee,
and house comfortably thisvast arm,
of humanity and keep employed tn
, large masses of idlcpeoplc requires NJ
small amount Of mental as well a
physical industry. Unless chang
soon takes place for the better ia th
, financial condition ofthe country, Nov
, York will soon be turned into no
bed like london for the growth Of Tn
most abject pauperism
Collector. .Smythe, Of this city, ha
, received official information from tn
State and Treasury Departments tha
cholera is prevalent at St. Thomas
w. l., and Tangier, Morocco
Col. Daniel T. Sickels has been Oh
dcred TO join his regiment for dnt,
without delay. Proper. Soldiers am
clergymen IN full.rank and pay hav,
. no business to 60 about doing politi
cal work for either party.
The attempt TO use the camel 70
, military purposes in the southern
. mar nf tho Initial Cfofo. 10. -,