The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-09-24

decidedly opposed ito any such move
ment It Is not likely the Stock Ex.
change will !, open tomorrow. The
lhi5iine editorially opposes It's opening
| Tor several days. In the dry goods trade
there has been great shrlnksge in the
volume Of business, but no disasters.
Ex.Secretary Of tho Treasury, Hugh
McC Collough, q member Of the London
firm OF Jay Cooke, McC Collough g. Co.,
was questioned yesterday by q reporter Of
the Tribune. In response to whether
or notthe London house was much Of.
fected by the panic. he said that the ad.
vices were OF q most cheerful character.
When he left London there was no suspi.
cion that Q financial revolution was i'm.
minent here. There seemed to be more
Of o disposition 70 practice economy on
the part OF ofAmerica. Tie crops are abun.
dant, there Is 0 demand for them abroad
at good prices, and trade Is prosper
ous. Under these circumstances there
was no ground whatever for ex-
pecting disturbance In financial
matters. Had he supposed that there
was any likelihood Of such contingency
he would have remained in London to
attend TO the business Of the house1 he
received his first news OF any disturbance
when the steamer reached the quarantine
on Monday He was asked whether he
thought the present panic would be wide
spread and seriously affect the mer.
camille as well the financial COM
munity. Mr, Mccullough reflected
could SEQ no reason why VT should. The
country was IN q good condition II good
crops and good prices for them could be
taken as criterion. The financial panics
were always senseless, everything depen.
ded upon maintaining Of confidence. The
great trouble was that in o time like. the
present men became frightened and
held on TO all available funds
they possessed. In the present In.
stance, the community, was alarmed
by the failure Of Kenyon, Cox & Co.,
and the Warehouse and Security Compa.
ny, and became distrustful oi those houses
and banks whose resources and credit
were ample to meet the ordinary require.
ments Of business, and even to Withstand
q considerable run. Each one endeavored
to prepare for the coming storm, and this
may, have precipitated the panic, which
was now taxing the emergencies Of the
flnanclers, He could see no reason ior Its
extending 10 the mercantile community
TO pay It's liabilities. Distrust and sus-
picion would aggravate and extend o
which could be averted, i the
community acted sensibly and discretly.
DECISION IN THE TAYLOR WILL CASE.
New YORK, Sept. 23-The Conrt Of
Appeals, this morning, rendered q decis.
ion in the celebrated Taylor will case, on
trial before the Surrogate, The contest
ant and Henry Z, Clinton, her counsel, ID. |
listed thatthe WI was aforgery, and that
the signature Of James B. Taylor was
written efter his death. The Surrogate |
decided against the forgery and admitted
The will to probate.e Mi. Clinton carried
4 to the Supreme Court, and the Courtof
Appeals this morning gave their decision |
reversing the decision Of the Surrogate, and |
ordered a jury trial., II the jury decides
In favorot, the claimant, Kate Rowland,
grand:dangeteri Of Mr. Taylor, sshe will
Inherit the entire estate, subject 10 Mfs.
Taylers interest as widow.