Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1870-01-26
CHICAGO IS HAPPY.

It does us good to see Chicago happy, and
just now she is superlatively so. Her cup OF
Joy is filed to overfowing, and although the
joke Of the whole thing is somewhat at our
expense, still we are glad to see Chicago
happy.
A Geographic correspondent of Chicago
paper, being very hard pushed for news tele-
graphed down there long list of business
houses here that had suspended. 1t was
very foolish :hing for the correspondent TO
do, and however much like coke it might
lock to him, is not SO funny for those whose
names are thus sent broadcast over the coun-
try, However, Chicago ia feasting over it,
and as a result we learn from the papers OF
that city "That a Melancholy feeling of
Gloo m pervades Business Circles of Milwau-
kee"
"That the best, oldest and most reliable
houses are suspending.h
"That business, generally, has gone to
eternal smash" &c.
And great is the JOY thereat.
All Of which is an out and out lie, told
either to make sensation or else to damage
certain of our business houses.
The list of houses furnished the Chicago
paper by its Milwaukee correspondent, is
substantial in the city For instance, we
publish the following card from two OF them:
EDITORS WISCONSIN, Gentlemen Our at
tention was to-day called to an article in the
Chicago Times, communicated by some judi
cious Milwaukee correspondent, reporting US
among the rumored failures in our city.
We wish to state that said report is false in
every particular, and that we are prepared to
pay all claims of every name and nature in
full presentation at our Office any moment.
Respectfully yours,
STARK BRoTnERs,
H. S. MANYILLE
Milwaukee, Jan. II, 1870
Such a card was totally Unnecessary, for
the two houses named are not in the habit OF
suspending and do not propose to commence
now. The same might be said Of others in
the list given.
That bushes in the city is not so good now
as it would have been had better price been
realized for the wheat crop is true, and the
same is the case at Chicago and of all sec
tons of the country, except in those parts of
the South where they have had large cot.
ton crop. This state ofaffairs was expected
and prepared for. Our merchants have been
careful in buying and in selling. The credit
OF no CITY III Tue w est StdnoS dS ulSSn dS tnfte
of Milwaukee, and in no city have there been
so few failures or suspensions during the
past ten years. 1t is true one of our large
dry-goods houses, through circumstances
beyond its control, was obliged to ask little
limit from creditors. butt was readily grant
ed and the house is now going on with lts
business. 1t was so strange thing tor
Milwaukee business house to get in close
quarters that the affair made some talk, but
there was no necessity for its being sent
abroad as sensation, and used to crafty
Chicago at the expense OF Milwaukee. In
manufacturing "news for the Chicago mar
ket" correspondents should be careful, and
nse little discretion. We can assure the
business men of the country that there will
be no suspension alarm in Milwaukee, and
that our business houses will maintain the
credit Milwaukee has ever enjoyed in the
commercial and business circles Of the world.
In the way of suspensions, we have seen
nothing as yet to call for the slightest feel
ing Of alarm, or ever Insufficient Importance
to thrust into a newspaper sensation.-Ntt
acaukee Wisconsin.