The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-07-27
THE WAR FEELING In THIS CITY.
The Money Street.

1t Is almO impossible to say what the ''war feel
ing' In the city actually Is. The population OF New
York Ia so cosmopolitan that the feelings OF each
component nationality run in q different direction,
and to gather up these many divergent shafts Of
thought would be more difficult than any reader
could imagine. But II we say that there was no
excitement whatever in the city-.hat everybody
was as calm as an iced cucumber, although at the
same tine as hot like lobster In his boiling water,
then the truth has been reached near as II be
In q general newspaper report.
The announcement Of the failure of the banking
house OF william F. Jaeger, Of Frankfort, created
no excitement. That house failed in ls4s and again
In 1882 and since then 1t had but Slight connection
with the American market. Local specuatons were
It's principal aim, ana with the failure Of these it
guCcumbed.
Yet the failure OF one house In Frankfort Indicated
the possibility OF the failure OF other houses the
sameace, as well as at other cities OF the European
Continent. Everybody began TO think that an ava
lanche Of failures would pour In upon the American
market from Europe; hence everybody was careful in
even tenor Of its way It would not even vary to
the extent Of one per cent aud when the ticking OF
cious metal, kept on 21H the gutter snipes aud
other gold gamblers were almost seized with de-
spair. A war in Europe, the dlsarrangement Of the
coming general-all this, and for whole week
to play on the market and gold still below forty.
All tn these street gamblers predicted fall in
the bonds and rise in gold SO rapid as the
country had never seen before. They specu.
lated upon this prediction. and their own
folly brought them to grief To-day nalf OF the street
operators are unable to pay rteir margins II sud-
denly called upon to do 80. But as this would ruin
the whole specializing ring no such savage" de-
mand VIII be made, and they will be let to paddle
Cd as well as they can.
DIR. Barthelmess, Of Brooklyn, Great d some commo
ton without, probably, intendngit. With the serious
ness OF man borne down by the weight OF great
events he came into Exchange place yesterday
afternoon, declining to answer any question. lie was
charged with messages yes, he was; ana the mes
sage was addressed TO civilian Rex" the King
william OF Prussia. It ran about as follows, giving
O free translation or it,
To His Majesty King WILLIAM, Berlin -
The Germans OF Brooklyn thank your Majesty for tho
worthy representation of German honor they speak
that and victor may the Germany arms f''
by order OF the mass meeting, DR.. BARTHELMESS.
AS the Doctor may be sure of the Knghthood Of the
Red Eagle IL was considered wrong on his part 10
exclude the other officers OF the Brooklyn mass
meeting and confnc tho signature to the despatch to
himself.
i.No tight YETI, asked wel-to.do IrIshman of
HERALD Representative.
None has been reported" was the reply
"Why the devil don't they fight? II they mean
fight. why don't they go alongfn
Though this was rather tersely expressed yet it
gave tho general opinion prevailing. In America
we are SO accustomed that the deed, or rather the
blow, should follow tho word, that the people here
cannot comprehend how sIch great military Powers
as France and Prussia can "play possumn for weeks
point But such persons it 10 said by Others do not
understand the science Of strategy, SO infinitely
studied In Europe, and for this the doubters
are not TO be blamed; for Captain Bunsbv's opinion
Is quite often repeated, thar f be- then so; II so
be that 1t be not, then not" and forth dd i,a1,.
(li1i.