The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-03-12
IN WALL STREET.

Though 1t did not assume a very demonstratve
form the fall Of the Erie magnate naturally pro-
duced profound sensation on the street. The news
arrived little before three, ana IN few minutes
the rumor with the proverOial speed or bad tdngs,
was carried into every little brokers' Office and was
eagerly discussed, TO the accompaniment OF the
nervous little ckings Of the stock te. egraph instru-
ments 1t was the suddenness OF the coup 0etat
that people chiefly remarked upon, however.
'Any fool Knewithat rogue like that would 90
to tile bad before his nair got white' said one
sharpeyed operator, "but did not expect the
final tableau quite 50 soon as this, Why, ne IL
snured out like the wick Of cande.;' >.
"lIe was gone up soon as Fisk died, quoth
anoiner; III was sure OF that. lie hadn't rot the
backbone to fight thing through to the last ditch.
He was the brains OF the firm; but brains don't
amount to much unless you have pluck 40 tile back
Of them. You couldn't have fixed Fisk so easily.
LIE would have sQuirmed out OF this fix the
same as he did out OF hundreds OF otners.n
1t was clear also that the majority even or the
brokers heard the news Of this last signal triumph
OF virtue corruption with great zeal Of satis.
faction. Some OF them hal admired the brilllancy
and daring OF Fsk's campaigns, INSCRIPTIONS az
were the principles upon which they had been con-
ducted and his bomb )rn'nie and personal popular
ity succeeded pretty wo In reconciling many even
Of the men he mad plundcfca to their fate; hut
ready 10 nguraively KICK at his fallen body und
bcspatter MIN III mis- hour OF disgrace and huniilla-
ton ana defeat with contemptuous abuse. The cur
rent talk every where waS that he was the meanest,
the tricklest, the most miscraDly Infamous OF men.
why, nc even swindled Fisk's widow and tho
other legaces out OF the estate or his dead partnerV
SAID one; ''and thcn not content wia that, ne sold
busts or the Prince OF Erie up tho Grand opera
House Tor their beneft. suppose he pat whatever
ne got, even out u that, into his own pocket man
IKE that amt lit to i've even m state prison.
Decent convict would refuse 10 associate Win nim.o
Mr.. Gould would have listened 10 much more
consolation OF TINS doubtful character nad ne ven
even amid ' the spIenaor Of the oi.ces al
the Graud opera House at wnas was sail
Spos h ; ny s res over MA Hs ruin ana
No words were deemed too aarsu,. no abuse TOO
to be applied to the vanquisned NH lonnare
the cup ol those who thus glrded at nin Womb
ne be finally aud nopelessly ruined WOULD he be
allowed to slip away and enjoy, az well az rho
memory OF MS former greatness and the stings OF
universal uin d na,red ana contempt would allow
millions when he Is reported TO have scrapea
!ogetLerf Perhaps the WISH was father 10 the
ne was TO he arrested either last Night or to-
DAY. Ana upon this came. the invarlaDIo commen.
tSc n,ar,o rye, nm right; he made Fisk take al
.nc oiame wnlie ne lived and IL Is only fair that ne
should now have little substantial punlshmcnt; /
V1 vs tney put him In the state Prison. Men in
revengelu, and something more than mere
pecun.arg errors seems " have In this case stirred
who were financially uninteresled IN the matter
were H among the bltterest OF h . verbal critics.
y, course inc news soon brought about heavy
OperatOn5 IN Erte stock. At drsJ the efect was 10
SEND y up out after holding It's ground pretty well
for time 1t steadily fell back again one per cent.
every minute the quotations were licked out on the
tape The scene In the open Board Room was, as
animateI. Tne door listered over with torn ana
CONTINUED on TENTH PAGR