The New York herald., 1870-09-27
WALL STREET In DELIRIUH.
The Scene that Made Half of Chat
ham Street Weep.
The Financial Brains Of the Nation Gearing"
the Hat Market-Knoch in the "Tils"
Trade-The Way "Jaksy" Little,
the Hercules was Handled
Who stole the donkey2
The man with the white hat.

The man with the white hat
| There are great many individuals IN this city
! WHO make IN honest as well as an exceedingly
profitable living by making hats 10 Shield from day
| to day. what Mr.. PecksniG calls that most delicate
| portion OF the human anatomy, the BRAN. They
are most arrogant GLASS; arc these individuals in
many respects. for they are always successful In
their nefarious plans, by which they feather their
own nests luXuriousy at the expense of people who
love 10 be head gear style and fashion, no matter
what they may be, attractive or otherwise. Indeed
they dictate the laws by which mans head IS TO
be brought into subjecton to the horrd pressure OF
stir brim with heavy crown, ''stove pipe, -
with massive sides to shelve the rain, or BY which
the most decately parted hair cannot be the
least disturbed by contact with coverings which are
not felt, although they ell and everywhere felt
go the wearer where he please. These individuals
are fond OF lorms, and unlike political bodies,
scorn TO delegate 1t to subcommittee; but it often
happens that bold spirits are found In ner0poli-
tan midst who hesitate not 10 force the before
its regularly appointed tlme or who, defiant OF the
laws which regulate the sale OF broad or narrow
brims refuse TO put away from public sight hats that
have been "kunked for" many, many weeks tylthe
man who goes about crying out "old hats for sale"
as well as by those who think, in the baseness Of
their souls that there Is time for everything and
well as things that are sometimes out
OF season. This being matter Of public
notoriety, 1t IL not little astonishing that
rebellion against the, pervailing dictatloDs should
create such q rumpus In the hat trade; l0r
rebellion did really break out yesterday against the
exacticDs of the fashionable lew to whom season
hats are a fortune and out OF season ones dead
loss OF the most saddcning kind.
BROKE OUT WALL STREET
in that awful den called the stock Exchange. The
hour was O'Clock. just as the bulls and bears had
assembled TO yell derce deia nee at one another for
the sake Of stocks and bonds that rise and fall lie.
gardess OF hats caps, coats and other articles OF
humanwear and tear There was great crowd. Ii
fact, there was crush, jam, sufIocation or
hroqts that had been mustened at noon time around
the corner III Broad street by something more than
water--a blending and a twisting OF bodies that
made thin men yell with pain and fat men neg Tor
mercy where there was no mercy, room where there
was no room and air where ali was heat smoke.
discomfort and confusion. The president, that very
solemn, very grave man who presdcs the
"cais,n ascended his profaue pulpit in Cue time
and took up his mailet
There was sudden silence. Then followed min
ged cries in all sorls OF voices, about all sorts OF
stocks at all s0rts or prices not far away from
the market price OF everything TO DC bought ana
sold. The everyday baoble sci Ia with full force,
when
SHREK, so LOUD,
so prolonged, that the most j0c0se broker felt
alarmed rany through the room ana a senona after.
waras a bran. white hat came tunbIing down
from high place where ITS owner stood el Devil
dered ana amazed IL rolled about or its own free
VIII for Thiie aud then was Set upon by company
oi roysierers, whoa danced about il for full nve
minutes, winding up their extraordinary mirth by
dancing on top Of u. The nat. ashamed OF itself,
NO doubt, sunk into Itself and soon became no hat
at ali. The owner was fat, short man Of austere
mien he wore big diamond pan III his irnmacn-
late shirt bosom ana o coat OF broadc 9th OF
laultless art. He came down frsln his perch on the
baiusrade ana strobe into The midst OF che rioters.
HIS eyes flashed high prices and, his cienched fists
showed how easily he could 'bear'' down weak
market weighing less Ia human weight than his
precious sell.
what do you mean, slr?r he cried, SELLING hold
OF young n'an with pale face, who was standing
I'm I'm enforcing the rule. was The reply.
''Wlat rue, you rascal
1.-The universal one."
"ATe you crazyro
mo, si," WAS the reply. ''Bcholdf'
The pale face TOOK OFF his hat and made profound
bow, and was Instantly surrounded by q crowd OF
brokers thai threatened humiliation TO everything
above 240, avordup0ls weight. Rolling out small
piece OF paper he read as follows:
NoTIoE-An white hats found in the Board Room after
the z5 OF September viii oe considered contraband Of war;
sErT Il, 1874 sTB.CoMMIrrEE.
"what OF that9n cried the owner of the hal
THAT is law
"Stock Exchange law
"But that was my fathers"
,"You mad no right to nave a iather.n
"Bu5 III tell you'-here the old gentleman dlsap-
pearsd in the crowd very suddenly before he could
seized him by the body and dragged him out to
where Veuve Clicquot has u certain amount OF efer
yesclng influence Notwithstanding the European
war; To teil the truth, this instance was only the
forerunDer OF The enforcement OF the
ORDER AGAINST WHITE HATS
In fact everybody VINO entered the Board with one
was surprised by having IL mashed over his eyes
or Knocked on the floor 10 be danced about by the
enforcers of the law, ana by two O'Clock Broad
street was crowded with junk cartmen VINO
sent in delegation TO "bearr the hat
market and succeeded admirably. In short
fnln nf
unlucky men who had them and who managed TO
escape the onslaught OF canes. appes pears,
peaches and everything that could make decent
white nat lose Its proper equilibrium made tracks for
the nearest hat store, where he supplied himself
DARK AND AouasRuL COLOR.
Those who tried TO fight against the law either
lost their hats altogether or were forced 10 90
into the broad daylight with white hats batter d.
so stained so out OF shape tha every policeman they
met was hall inclined TO take them in for beng on
bender, and even the station house dogs in the
street forgot their Old acquantances SO far as to
bark at them wherever they were met. Up to two
O'Clock the war ragged iurously. White nigh hats,
plain and unadorned white hats that never knew
the comfort OF ribbon or the 9ltstenng delight OF Il
buckle; white hats with stfr brlms and with
late In the day III quantities that would have
made "Cheap JOhnn weep with Joy. IL was
scene OF dreadful carnage, OF law enforced 10 the
letter. it must be confessed that there were many
OF the brokers who had good sense enough TO take
u hint on saturday and 10 come down 10 the
''street' yesterday with old and new black hats
with no sign OF white about them. They Jared well
with everybody; did these wise fellows. and sump-
tuousy among themselves when the terrible slangb.
ter began; for white hnndreds were being battered
down aud hundreds fleeing OUT Of windows and
doorways Tor their precious white hats sake, they
or all the crowd could alone afford to smoke their
cigars In peace and enjoy the blOodless with
gusto only known 10 " heartless dealer III stocks
and bonds. There were several instances during
the warfare where very innocent and trite people
came Ia for good STARE Of
THE GENERAL PERSECUTION.
That OF broker named Jacop Little was the most
notable. lie Is q tati fellow is Jacob-fuly sx feet
eleven and thfeequarters inches IN height, with hs
| shoes on-apd broad in proportion. He wears the
| most stylish OF garments aud has a mustache. the
length and hirsute density OF which s tne adInlra-
tlon OF Bond street, including Jacob himself. But
Jacob is an alsere man; he never laughs, neither
does he smile and above all things on earth he
abhors O black hat long AS the month OF NoveIn.
! Der is month yet 10 come Jacob knew his danger
when he went TO the Exchange yesterday
| vet ne tremblcd not HIS white hat was
! of the hardest k,nd-some people say II
| was made OF sheet IRON. lie prlded
himself ON lts immense strength. for he ran Ii up
against tree in Harlem one dark night backed by