The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-23
The Rapid Growth of the City--RicIs-
mOnd and the Coffee Trade.
Correspondence OF the Richmond Dispatch.
New YORK. April 10, 1872

New YORK, April 10, 1872.
Political events of great significance have
been following each other here in rapid sue
cession for the past few weeks. First came
that manifesto from Greeley, Fernando
Conckling, and others. renouncng all afilia-
ton with the Philadelphia wing of the
Republican party, which, though it created
some lncasincss. excited no serious appre-
hcnsion in Administration circles. BY way
of reply to this, and to anticipate in mea-
sure the effects of the Liberal Republican
meeting, which was the subject of my last
letter. an attempt was made to lpiSe little
Grant enthusiasm by meeting in Brooklyn,
ut which Henry Ward Beecher delivered an
address in support of the President but
the affair proved so utterly insignificant in
its results that doubt not your readers have
forgotten that they ever heard of it.
Failing thus to anticipate the effects of the
Liberal meeting nothing remained but to
counteract them, which was attempted by the
mlSs meeting of the GRANT Republicans ut
Cooper Institute on Wednesday evening,
concerning which you will have received full
particulars before this reaches you. OF
course the straight-out Grant newspapers
will hurrah most Justify over this demon
stration, and claim that it is a perfect popl-
lar vindication of Grant and his policy; but
the important question is, What effect did IL
produce upon those Republicans who are
hcsitating between Philadelphia and Cincin-
natl? The Euensnq Post is the fairest repre-
sentative of this class. 1t is Il Republican re,-
per, "pure and simple" 1t is an advocate
of all the reforms proposed by the Liberals,
but it would much rather see those reforms
effected at Philadelphia than at Cincinnati.
W hich nominee it will eventually support no
man knoweth, but it certainly expresses Itself
us greatly disappointed at the proceedings OF
| this Grant meeting, which has said not a word
about reform, nor done anything to heal the
breach in the Republican party. 1t has, in
fact, only served to widen that breach. II
has set UP Grant as the golden calf whom al
Republicans shall worship, whether they fee
idoatrously inclined or not ; it has place.
him superior to every consideration q
principle and policy; and said plainly t.
all who desire a new candidate or
new policy "Go your ways to Cincinnati, OF
to the devil, if you choose, you will not be
listened to at Philadelphia" The Admins
tration men have chosen the most difficult
ground on which to make their fight. All
their efforts are spent in eulogy of Grant
than whom few more unpromispg subject.
for eulogy could be found. In fact the Pres
ident would severely test the power of those
Greek sophists whose favOrite exercise it was
to eulogze unworthy characters and any
man who shall produce good eulogy upon
| so negative character as his will have sur
passed the best achievements of the sophists
or their successors in that line. To borrow
metaphor from Wall street, the bulling oil
Grant stock fails ANONYMOUSLY in this market
The bears have it pretty much their OWL
way, and tonight another bcar-begging
the lady's pardon-enters the market in the
person of Miss Anna Dickinson, who is tc
deliver an address against Grant in one o.
the lecture-rooms at Cooper Institute Bu
, enough of politics for the present; for al
though questions bearing on the preSidentia
campaign are the all-absorbing topics witt
the press here, they are by no means thu
most important things in the world, and be
come rather nauseating when INDUCED in TOT
/ freely.
1t seems that nothing but the limited are,
OF Manhattan island can ever set bounds K
the growth of New York, Which Is rapidly
and surely advancing towards the position O
the largest city in the world. Person
who during the war invested i'll buildin.
lots north of Central Park have realized
immense fortunes 10y the transaction. On
or two Of the avenues have been extended tt
the extreme northern shore of the island
and the extension of others has advanced
great way towards completion. Along SOM
! OF these avenues houses are already thickl,
scattered, and there is growing tendenc
among builders to seek uptown sites for res
dences. At the same time the value of pro
perty in the lower portion of the city is ad
vnncing i'm corresponding proportion. Il
many instances it has doubled and ever
| trippled in the past six or eight years, ant
confidence ola still further advance is shown
by the readiness Of buyers to invest ut pre-
sent prices. In fact, so high are rents tina
it is becoming a serious question how people
of moderate incomes are to live here at all ir
any sort Of responsibility or comfort, and tn
desire to render localities at present undesi
rable available to business men, and T.
cheaper rents, is the secret Of the numcrou
plans of rapid transit, maiy-storied house
with elevators, &C., which have of late re
ceiped so much attention from the New Yorl
press. 1t is II fact worth noticing that TIT
4 region Of he city iii fine tyieiDitr Df the In