The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1873-10-10

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The failure of the great house Of Jay
Cooke g. Co., is only another glimpse OF
the "Fata Morgana'n which represents
the wealth and credit of the m~illionaries
who have been considepedthe opponents
of American prosperity. Speculation
and POPULATION, of the widest and most
audaci0us nature-a total disregard OF
all safe foundations, and Il criminal de-
termination to make money by any
means, fair or unfair, has brought about
its natural sequence-ruin. Now, 1t
these bubbles could burst without
affecting other and laudable enter
prises, we would say the sooner they
are dissolved into thin air, the better.
But unluckilyitis notso. This diseased
blood running through the veins of
commerce which permeate the whole
country, have carried ruin far and near.
Not only the Free Lances of the Stock
Exchange have been cast down, but
honest, legitimate business hasreceived
in many cases a mortal blow. -., .s p:
Charitable institutions have been
broken up-old and established houses,
prompt and honorable in all theirdea1-
ings, lave been forced to suspend pay
ment. Operatives by the the thousands.
from the different mills, have been cast
out without money or employment. In
diyiduals who trusted their all to the
tender mercies of these gamblers of
Wall Street, are to-day penniless. At
MI unfortunate season too this has Oc-
Cured. The winter is setting in and
paupers made by the bursting Of this
Stock Exchange bubble will find it
very hard to meet the rigors of a cold
ineiernent season. za65=
But do you suppose that b lesson will
be learned by either runners. or ruined,
from this catastroplle2 Not,a bit OF. it.
We Americans have a national fond
ness tor bubbles. We admiretheir gor-
geotls hues, and power Of sailing aloft
without any ballast of caution or pr1-
dence. We freight them with precious
ventures, and then Whimper terribly
when following the natural law of bulb
bles, they burst and ruin us.
Stability is the last thing we aim FOR.
Our statesmen and politicians rise by
arts which would condemn them in any
other country as utterly unworthy Of
trust. Our Institutions of learning are
too often only EXAMINERS conducted
somewhat On the scale of the examining
machine for poultry when the sole OBJ
ject ii to get so much down whether tits
digested or not. An English ~writersays
the curriculum of an American college
il pretentions humbug; protesting to
teach III four or fveyearsnlore branches
than d life time could master.
Our social life too is d 1ashy bubble.
Ii is based upon d system OF show and
glitter which entails criminal expendi-
lures.
Perhaps tits the fresh vigorous life
Of this New World which delights like
children il these Snowy unsubstantial
pageants. In that ease one or two more
hitter experiences like that Of this greal
financial trouble, would help MS amaz
ingly Oh the road to reform. Heaven
knows there Is some necessity for 1t.
The Donaldsonville Chief, Of the 4tll
inst, gives an account Of the arrest OF
two suspicious characters III that parish
supposed tobe Tah Floyd and Lewis
Robinson, the murders DC Archibald
The Chief says that the one supposed
to- he Robinson, cannot be that indi.
vidual, he had already been arrested ii
Rielland, bnt that the resemblance To
hedescriptioni Is strong The one ares.
ted for Floyd gives his rs Jack Mason
and the Chief says, lis about twenty.
I've years of age, weighs one hundred
and thirty pounds. il about i've feet
nine inches high, dark hair, slightly
ktoopshonIdered thin breast swartly
complexion, i yisage thatSlnay have
been thin once hrlt is now bloated from
the effects Of whiskey drinking. has j
fine voice, and the spasmodie motion d
the bend i'll talking that il given as ON
&c the pecaliarities Of Talt Lloyd
The Chief has doubtless before thil
tins seen tho account Of the arrest q
orr Talt Floyd, which appeared in Las
Fridays JoERNAn.
The yellow fever II still very bad 4
Shreveport and Nemphis-from five 4
twenty lying dailg attlie former place
and there we're ffEyrfour i~nterraents d
the latter n the 9th inst. There wa
frostat Gantan, Miss, Jackson, Hiss
and Marshall Texas. on the morning d
the 7fh inst. and snow a6 PoftsYille
Penn, ana Fonda Oh the sam
molning
observation-disclosures T@%&