The New York herald., 1874-07-19
HOW THE NEWS WAS RECEIVED

The Columbia Crew the Heroes Of the
Day.
A stranger arriving in New YORK yesterday and
unacquainted with the leading characteristics OF
the American metropolis must have thought that
New York, instead OF being the centre OF trade and
industry, occupied itself principally with boating
and regattas. The words "regatta,n columbia ~
.Yaler Harvard" &C., were in every ones
mouth. There probably never was regatta before
which excited so universal an interest in New
York city as the splendid contest which has lust
passed into history. The fact that New York
crew to take part in the in itself suf-
fcent to invest it with character or direct and
local Importance. The repeated postponements of
the race were certainly calculated to damp the
popular ardor with which the great event was
| eagerly anticipated, but when the news arrived
! yesterday before noon that the race had been
rOwed and Columbia was the victor the feeling OF
surprise and Joy became universal and the most
| Indifferent anti-sportsmen shared in
THE GENERAL EMULATION OF THE PEOPLE.
For hours and hours people had been waiting for
the result, Indulglng in all sorts OF speculation
and bets. 1t would be difficult to arrive at an
approximate estimate Of the amount of money
which changed hands yesterday over the result
II betting is a sin and vice IL Will take good
deal OF praying in the churches to-day to eace the
OF course, on occasion like this that pools will
| be made up by professional sportsmen, but the
| betting yesterday and the day before was among
ali classes, rom the wealthy banker who bet $500
! 10 the poor newsboy who was willing to stake
! five cent cigar on the result. Even men who were
on principle averse to betting, and took but little
interest in regattas, could not Ierain. amidst the
excitement which surrounded them everywhere,
! from 'betting drlnks''-so that many flowing
bowl was quaned In honor OF the Columbia boys
People VINO were prevented from leaving New
York Tor the purpose OF witnessing the regatta
were loud IN their expressions of regret. "Id
give $50 II could have seen IT, 'I should have
been willing to lose 500 If only coulu have got
away" and similar outbursts OF querulous disap-
In almost every office or dwelling II the latter was
not deserted.
THE NEWS IN WALL STREET
The joyful news OF Columbia's victory was re-
ceived in Wall street at about a quarter past
eleven O'Clock and created great and genuine sur
the favorite, while Yale seemed to have the great
est number OF supporters yesterday. Al! the
the race were perfectly amazed by the result.
They all said ''Wen, NOBODY would nave thought
that Columbia would be the wnner.n Yesterday
morning, Just previous TO the arrival OF the final
news, tne betting, as far as Columbia was con-
cerned, was 10 to 20. A prominent banker used
tins expression, ''Why have talked with great
many Wall street men and others about this
regatta, and l never heard one, even among ber
most sangune supporters, VINO put Columbia
beyond the third place. This was the general
feeling as evidenced by the pool selling. Most
people thought Columbia would come In third or
! fourth. What was, then, the enthusiasm when 1t
was announced that Columbia had carried or the
prize Some one earned the news quickly to the
stock Exchange, and when the despatch had been
read
THREE rHUND2RrNG CHEERS FOR COLUMBIA
were given. such was tue jubant feeling that
many Of the brokers were perfectly carried away
and kept on cheering until their voices became
slightly hoarse. Crowds gathered In front OF the
stock Exchange building exchanging off-hand re.
marks aoout the regatta, responding heartily to
the cheers from within, so That Wall street liter
ally resounded with the praise oil the Columbia
boys.
several OF the brokers satd that there was not,
probably, in Wall street ONCE in which the
clerks had not made up a small pool. Thus, the
victory OF the Columblas was the occasion OF jol-
lity and dlsappoin tment 10 thousands OF people.
sCBNES AT The HOTELS.
Al the principal hotels, the Flltn Avenue, the
Metropolitan the ST. Nicholas, the Windsor and
Others-wnich generally reject the feeling OF the
city admirably--the regatta and ts pleasing result
were also the all absorbing topic OF conversation
The first impression, like that in wan and Broad
streets, was one OF surprise. As the newsboys came
rushing In with the afternoon papers containing
the announcement OF the final result there was
general scramble and i've cents were frequently
given Tor two cent papers. Yale and Harvard had,
OF course, O great many friends and supporters,
but the lact tpat Columbia college had carried OF