New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-22
PANICKY CLAMORS.

All the evening the spacious vestibule of
The Fifth Avenue Hotel was crowded with brokers and
the smaLry OF operators. who drifted 10 and fro
wasting the night IN talk without purpose result
Three ourths OF all there cainorng for currency,
at all hazards. Most Of them did not know how
it was furnished They only felt that If in some
miraculous manner the windows OF the Administration
heaven should be opened and shower Of greenbacks
should fan on the street. the irrigation would lease
things" aud buying aud selling would set in again, with
plentiful commissions. Occasionally some man with a
head still on his shoulders would make practical sug
gestOn to show the futihty OF such fancy, but he
would soon be talked dumb by fashy young
brokers. shabby guttersnpes. The more prominent
members Of this demorallzed mass meeting would stroll
over from time time the Union League Club. whose
white columns shown cheerlly In the gasight, but its
halls and reading-room were fun also Of panic dis
may Here too the almost universal cry for green
backs This Is no time for half measures shouted
bank sprcsdent Of undoubted Custom-house loyalty,
the whole reserve Of the s4OOOOOO should be thrown
OF once on the street! "
But how can that be legally done 2" asked some
skeptcal OljectOr.
This is no time for such questions" roared the
Lacquer. " In supreme crises the law must be set
aside"
eff the law had not been set aside so often, there
would be supreme crisis" said the unbeeyer but It
generally considered that his heart in the
right place"
All the dread aud meanness and suspicion OF panics
visible. An eminent nancier reported as hav-
ing advised against the Government interference. Il
understand tnat," said a dapperlooking broker. Gle
knows that his bank IL strong enough TO stand it.
and he thinks hen get the deposits the rest
OF us will lose" The slightest manifestation
Of independence pluck was sure N bring down some
such insulting imputaton Of interested motives And
yet singularly enough all these brokers kept saving
get scared and the banks, the thing will
blow over" quiet farmer looking man
10 whom this was said by broker with dyed mos
tsche said Don't talk about the people getting scared
They have had far no lot nor part in the matter
The brokers have had the panic for three DAYS all
TO themselves, and have not yet begun 10 see
daylight through IT, The whole miserable business
starts among you and the people have waited patiently
foryou 10 come your You had better show
lite common IN Broad-st. before you begin to
advise the public how 70 act"
THCRLOW WEEDS THEORY OF THE CRISIS
Among the notable persons seen In Wall-st
On SATURDAY. was the venerable Thurow Weed who soor
found however he says that the excitement was toe
for him In his present feeble state OF health, and
h. was forced 70 retire 10 his home, in Twelfthst
Thinking the Of such a veteran observer might b
Of interest 70 the public. TRIBUNE reporter called a
b., house last evening and found him suffering from hl
Old complaint OF dizziness, OF "mental nervousness
a. be called It, with which he said he had beer
amicted since he broke down In health hy'
Years ago. In answer 10 question as 10 wha
be thought OF the financial crisis. he said tina
NE eud OF 20 sufficiently clear yet 10 enable hin
OF any one else 90 ms views satisfactorily about
II There was no telling what tomorrow and next day
would develop.
You DO not npprehend that It viii extend 10 The
commercial and business world, do youi A. Wei,
cop not % ought not 10; the commerce and business
'l' city are 10 prosperous and healthy condition; b
crash does not result In general suspension OF the
'ahAs ought not have serious effect upon legn
'' "usincss But II II should turn the uext two
SN~1 1Ae banks. Ike tue brokers. are loaded down