New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-09-28
LETTER FROM NEW YORK.
NV YORK. September g. Is.

! lOCr lea.rcs nave 10 UcuBI Ocen
! promptly informed by telegraph o: Che
| :ina2cia! panic IN thi. city. and OF the great
nat.cns. scare resulting :herefro1. But
! they iii 40. sea il. 1t was a glorious .isit.
T; Hpweve- .here We're several hundred men
ZION. Louisiana. mostly tro.a New Orleans,
who G.i see =. The Gooi.el! balloon eX-
/, ...o-:1:. va. ~: Nal: a. good sensation
:o- a. healthy COX .ae business 0. the coiin
-: 81 as crash o: ;:e spectators. Homes:
! 'I::aa..-!I va. justified when the Graphic
oa..oc1 exo.c dol. and legitimate bAnkIn :
| ana Other bushes. o: tae country vii! be
, ?I;l.ei. now .,IA. III. ,i.ll, and bear. y: :ile
; >.oc2 Mare. have been Blown % atoms 10y
| the: own :at:s.:o.s Among tle citizen. o.
f., New Orleans Wis Lave figured il Thu. city
! II .Nc scene. o. -. last few days on Wall
! Az: Bro IL streets and az :He great eveEiT :
! gatherings .. .le ~ Gown exchan.e-the
..:c., A~e1-- HOTEL noticed your rNto
! G,ve:ao:. Ke:.c.: and WarmotL: your
co..cc',-. Casey: ysIr Fusion Con
; gresham, Genera. Sheridan: NJ. SAn.-
ae. >a.:.. \ wealthy Spectator III
s',cas az: rea. estate: Colonel Fouke.
| ". v c.i. Ia. .: ...e New Orleans Tunes.
(: 80 .s"s j. ;. ''c...s::. Of the triumph OF
F., Na-Mo.. AID :he peoy!. %. Louisiana:
| 81: IL ,.c... :,..,le:.: OF Greenfield. NJ ASA
! C.!H.e..-. and sc"er.. c.H.. gentlemen &c.
! com ?.nv.:y :..e :wo Governors and col
! .e:.1. o: .:.e pot. Xa.s" gentlemen. from!
tn. - time. we've freely G.stoUrs;Hs with
! H. = 4. -. II,
! He..,H,;. Io.cs,a. Morton o; Indiana.
! G,uk.n M.-p:: ;Iom.. Hcev John. q.
e., W. C-:.;-. :: Ph..ade!gh;a: Genera; Bah
| :rca. ::."s.. secretary 70 til. President:
g ne:a. Arthur. collector OF the ?o-:: Post.
mast: James. and hes. OF other.
.: sao..4-: sc-oo.. su2.. men. fo- in.
stance. "a y-d:. Gcoesbecl1. @; Ohio:
| NJ. S.,a.ecv. ex-Cnic.d States Attorney
Geae:.'. q: Gown s-on, ke.:uA :. and Hon.
| R--.:jy Johnson. Notwith..andin: the
PAM an. ;..e excited feeling OF these gen.
...:le:. wa reference TO the reports that il
,..- la: bad ettec: upon the trade OF Ne"
Orleans. they aye a.. earnestly !aborin: "a
,..:..vate a healthy sen.iillen: tina. Lou;si.
| ana ass no; been Iui. nuci. either by 20.
! .!.:ca. o: .aanc.a: disaster. and tina: she
VI. sU:v.v: a.. suca unhealthy comb;na-
| :.,ls
Tie -a7:n. o: the bulls ani bear. fright.
eaec: .h- fedora. government: out Of their
| 2.oc::e:v. and made them leave the sacred
| precinct. OF the executive mansion and the
treasury .. Washington, and ~ to this
i.- -.i ,p>a y
an ban.leceL By some Of the principals OF
81. stock and gold job!ling ring. who ie.
! nlan,.e.; immediate relief. else. tley SAID.
we bushes, o. tie country vii! be ruined.
The P-es:,;en: ard Secretary were bot. "A
IL. naad. o: Il. Ph!i!s:ine.. and wCui.
have aes:I :chi..e;. u2 and compromised
VII: wicked s.hem.. buI for the better
:u':gn s: some .: tie leading politicians
ans; bankers which prevailed. They con-
v.:.y-.. lie H.e.,;o..: that he ought not to
:e:..e: .Hv government aid whatever 70 the
s.'-.. '.o:s Who ..aG eli!,i'atcd tie pane
Influenced 3v no good faith :" .he govern.
u--a. q: i:cus.r:.. az tie country. bat
,.,:-.n.e: aa! Influenced. only ~ vulgar
creed: "a: tie .in. mus. be ..cawE De
:"ec1 = -..::.a.e 1a:k!D. and tie curb
..o.e SN'. exchange practice o. Ge:au!t!n.
az: Irresponsible spectators: that the ma
:!c..... administration ccul.. Got stand such
a s..oc1:. 1. Wa: al til. critical pom. Oh
Sunday :..:srnoo. tia: .he TIDE :GrneL ia.
vorar.." g P,e.den. Grant. Morton. Of
I.i:anl. Nve, q: Nevada. Isaac ii. Bailey
an: O.i.ec sens.b.. politicians took Tie
ground :lat :Ac gamblers and spectators
we've tlc on y ones c.a;Eorins :or TIE GOV
e:E..aa: 20 Distribute Si:,G0c..0 more OF
,reennaoh.. :ha. such action was 40: So
lic:-cG ~ the banks o. SOLID business men:
.:.s. -" later only wanted t. be =: alone
ant. TIE bank. desired security a.alIS: IN
healthy :a.a, upon their deposits when
t:ie:- va. ne cause for l.. Therefore. IL
stead 0. taking the advice oi learned cou2-
Sc. e:D I..CyeG by t.. heav- operators. that
II woG!h he j-st!tiab.s Tor the Secretary to
issue CUrr.nc. not authorized hy Law, the
p..s,.:.a. wisely adopted the policy OF buy
IL. government: bonds. payin: il gold.
NAea the spectators. who crowded TIE
slaciou. hall. and ant.rooms OF the Fifth
Avenue !iote. o. Sunday evenn. last,
heard ,.:s decision they were .lismayed.
They had bee.. told Dy some o. the custom
..or.e ans; Albany lobbyists that Gran:
woU,G take tie responsibility. a. Reverdy
johnson. counselor. had advised. and issue
The 100000 9: gree;.back. referred 20.
They Immediately denounced The P:esiden:
and Secretary Of th. Treasury az bein.
against New York. which. contributed 80
ne, il. men ard money 20 put dow. :he re.
.e..:on. etc. These ,;uEb.ers were 80 much
dissatisfied tina: they wrou.h: up and c!vcu
.ate.: the Nos: tr:cL:.u! reports tina: thee
would IL. ruD on Monday upon tie
sav.nys banks. and tina. :he nationa.
bank. a.. eve. The country wOuld have 70
suspend. TIE feeling excited among tie
IMMENSE crowds iy :!Ies. ;ngeniouslv circu.
.a.el report. created terrible fear abou:
:..e situation CI Monday. .!iinigh: saw
tie acowt. Ct specula;ors disoersc.
4 L;...'. 20: h,ougi.. will. Monday
~:-c councils. The Exchange par.ook
s.:..w...a: .: TIE a,aria:n: s.s:emer.. o.
Il. night previous. but the managers 0: the
board held . special meeting. and decided. |
= a.: 0urn il :: Cao" ant. the excitement |
was o-s: .n.. men could approach the III.
:'o:.au: question. OF The na:i"na: finances !
W.. r@sr.c: :nt dignity. After tie add
,..-r;.ea. the banking ard mercantile in.
:e:.-.. .e:".ca.: greatly. Peace rei:neL. 4 |
..~ ..u:et people. still! Influenced By g..
arie. undertook. - draw their deposits
,ro:i: o.. oy t"c savings bank. and :ras:
sc;ac an;.,. Ina. demonstration was lin.