The Findlay Jeffersonian. [volume] (Findlay, Hancock County, Ohio) 1870-1881, 1874-10-16
OUR NEW YORK LETTER.

vert tH-- unbeleving inquirer who goes
forth armed with the facts related here.
OUR NEW YORK LETTER.
! THE BUSINESS SOUTLOOR-sTEERs on THE
! RAMPAGE - CRIMINAL - BEECRER -
/ MAKING MONEY.
! NEW YORK, Oct. II, 1874
BUSINESS.
There have been numbers of failures
| this week, which have excited some ap-
/ prehension in business circles But | |
see in them no new cause for alarm for |
they do not impress me a. indications of |
new trouble. To me these failures mean |
that the old trouble is not yet over. Tne |
present failures are the result of last
| years panic and subsequent depression |
| of business. 4 shrinkage of values, and |
the difficulty of disposing of the goods |
| on hand, have been steadily forcing a |
/ certain class of dealers into bankruptcy. |
The recovery of public confidence has |
been slow, and business is bad. People |
have grown cautious, and are buying so
little that those who were hit last fall, |
but did not die, and who expected to do |
business enough this season to recover,
have been disappointed, and have been 1
compelled to haul down their flags
There will be more of these failures;
but there will be no general panic. The
weak firms will go under, for there isn't
business enough to keep them afiOat but
they will go under one at a time, and
not in such masses as to create general
smash.
AN EXCITING SCENE.
Last Sunday, 4th), one of the most
exciting seares that New York has been
treated to, took place. Sixty wild Tex
as steers were being driven through the
crowded streets to their final goal, the
slaughter-hOuse, when, as might have
been expected, they took fright i gen
uine stampede ensued. Bewildered and
frightened, the lOng-hOrned beasts be-
came transformed into so many demons.
They CHARGED in a wild, furious flight up
the densely crowded street, attacking
whatever came in their way. Now a
man would be tossed from their fearful
hons-nOw a cart would be overturn-
ed. Men and women climbed awning
posts, and crowded into doOrways for
safety. Finally the herd became sepa-
rated, and one by one, the furious beasts
were captured. But they made it lively |
while they were about it. To have six
ty wild steers, mad and blind with rage,
charge through a street crowded with
vehicles and men, women, and children,
is anything but a joke 1t is a wonder
that no ives were lost and that so few
were injured.
SOME CRIMINAL STATISTICS.
The annual inventory of the criminal
situation has been taken, and the figures
given are startling. For instance, the
cost of caring for the dangerous classes,
courts, police and prisoners, foots up So,
OOO, 600 annually. The arrests per year
amount to 112, 900, and the criminals.
that is to say the people who live by Vi
olating laws, number so 900. There are
in the city 1900 actual prostitutes,
known and open in their pursuits, and
probably as many more who live by pros
titution, but whe carry on their nefari-
Gus business quietly and not in a public
way. There are 3, 900 known pick-pOck-
cts plying their trade all the time; then
there are 5000 thieves who have no
speciality, but who steal anything that
comes in their way. There are 900 fe-
male shop-lifters, who make their living
by plundering stores, and there are 600
fences, or to use English, receivers of
stolen goods. When put the number
of criminals at 80, 900. / do not, of course,
include the Democratic politicians Add
that class to the estimate, and the num-
Der would be swelIed at once to 75, geo.
But the show is sufficiently frightful
without adding this most dangerous of
all classes.
BEECHER-TILTON.
At last this matter has come to ahead.
Beecher has commenced suit against
Tilton and MoultOn for libel, and the
nastiDess will go to the courts for final
adjudication. This is where it should
have gone at the beginning In the
courts the facts in the case can be
brought out, for there can be no sup
preston of evidence, and no lodging
If Tiiton and Moulton have conspired
to ruin an innocent man, that fact will
be made apparent, and if on the other
hand the man is not innocent, it will be
so shown. But right in the midst of
satisfaction that this terrible trouble will
be settled by the Courts comes one ter
rible drawback which goes to show that
human felicity cannot be perfect. The
bitter drop in my cup is, Mrs. TiltOn is
going to make statement She has to
have her innings. Tilton has made two,
Beecher one, Moulton one, Miss Catha
rine Beecher one, and almost everybody
else one or two, and now Elizabeth is
going to rush into print to tell us what
she knows about it. Will she tell it alll
All, that's the rub. She knows as much
about the matter as anyone, but will
she tell it all! And if she does, will it
be believedl Like all the rest of them,
it is a painful duty" but she feels it a
duty, and she is going to do it. For
your sakes, Messrs Editors, | pray she
may be more economical of words than
the rest of them have been. May she
keep within thirty ordinary newspaper
columns. But there is no telling. The
people concerned in this quarrel have
passion for siX-syllabled words, and
most exasperating number of them they
have heaved upon the world. l fear me
the gentle Elizabeth is not an exception
to the rule.
MAKING MONEY
The individual who supposes that to
get very rich it is only necessary to
come to New York and go into busi-
ness" labOrs under fearful delusion.
Not one man in hundred who goes in
to business in this city retires with a
competency or anything like it. You
see when you pay S15, 900 a year rent,
when you pay clerk hire, commission for
the business you do, and when the SIM
pie item % gas alone amounts to Sl.OJO
a year, you have got TO sell a great many
goods and do a great deal of business TO
get anything ahead. The curse of New
York is expenses. Nothing is done for
love or rfriendship-noney enters into
everything. and the money question Is
so prominent, 80 ever present. that lie
who makes any of it in business has got
to have an extraordinary capacity for
business combinations, and enormous cap
ital on which 70 make money. The most
money that has been made here for years
has been made in real estate The enOr-
nous appreciation OF real estate up |
town has made everybody rich who was
lucky enough to secure any considerable
amount Lots on Broadway, near 10Th
street. which, few years ago, were sold
for 81 800. have advanced in value TO as
high as SIS, 900. The immense increase
in population and business in the city
has made property uptown very valua-
ble. and has made great fortunes for the
shrewd or the lucky. But the business
man labOrs and sweats for these lucky I
fellows. A store on lot worth S75. 600
has to pay interest Oh that sum. and
when the unfortunate occupant has
paid that rent, he has very little left for
himself Oh, We dwellers in the country,
keep out of Gotham. If you have q
good square living and a fair business,
stick to il, for it is thousand times bet