Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1874-01-06
NEWSPAPERS.


NEWSPAPERS.
All newspaper publishers are now and then
amused with the tone ofletters of irate cores
poudents The disappointed authors OF uu'
printed fugitive articles on finance, morality,
politics, railroads, commerce, religion, Gc.. are
very had to appease. Iu their own opinion they
say the right thing at the right tlme and III the
very best STYLE aud feel certain that the pubic
are pershiug for the intormatlon' 'nstructl1n,
or advice thus to be impaired. And yet, the
stupid editors of the very papers which these
writer's patronize as subscribers day by day cast
these luminous productions into the waste basket
with the greatest indifference 1t may be that
the manuscript rejected has been conceived ID
the most benevolent spirit being designed TO
let the public know that the writer Is an eX-
cellent lawyer, doctor, teacher, artist, author,
agent, mechanic, merchant, contractor, grocer,
or other dealer, and just where the public
can procure his valuable services or the mer-
chandise naned Of which opportunity the peo-
ple are deprived by the stupidity of the pro.
prietor of the most admired aud patronlzed
journal. It is not marvellous that such
would-be public benefactor should occasionally
feel outraged with the thickheadedoess which
illustrates his benevolent designs, and that 10
fit of vrtuous indignation he notihcs the ed''
tor that his paper 'smust be stopped.
We do not desire to rob any one OF the slight
est pleasure in this dull world but such people
deserve to be told two thugs: First, that the
pecuniary suffering occasloned by the loss OF an
occasional subscriber is not great the usual
subscription price of news Journals being not
much more than the cost Ut the white paper
ON which they are priotcd and it always hap.
pepipg in the Office Of hourishing aud grow
ug Journal that pari prssu with such notices
new subscriptions, ten times as numerous, are
sure to be received, 80 that the hutfy, dlScon-
tiuuiug subscriber is not much missed; aud,
secoudy, that people who do not own newspa-
pers and desire to spread information before
the public for their own personal satisfaction
or pecuniary profit ought to pay It's reasonable
and necessary cost since it must be paid tor by
somebody. Either the owner OF the Journal
or the parties Interested 10 such matters must
pay the compostors for putting manuscript 10
lppe. the pruot-reader for correcting It's false
photography and bad grammar, the foreman
for supervising the work, the pressmaD, feeders
engineers, and folders, and the one or the
other must pay for the ink, paper, coal, gas,
rents, interest on capital invested, wear and
tear of type, presses, and machinery, and the
wages of clerks necessary to transact SUCH 0usl-
ness. Who ought, in justice to pay that proper
tiou of these bills incident to the publication OF
such articles the proprietor ofthe journal or the
pcrson who hopes to be benefited or gratlhed
by their publication 10 journalists it does
seem strange that people will request the gra-
tuitous publication Of articles costing from i've
to fifty or hundred dollars each, tor compost
tiun alone clean money out of the proprietor )
pocket, and even manifest anger it not so graf
i6ed who would be iusuted With the offer OF
charity from anybody else.- Wash. Chronicle.
EMERGING FROM THE CRAsH-It has been
reported that the Wall street leaders were pref
ty much all seriously crippled by the financial
panic, but this report Is now denied. Ii Is
stated now that Cornelius Vanderbilt, from
whose estate the newspapers have subtracted
from $4,000, 600 to $40, 900 by the crash,
has, Oh the contrary, kept all he had OF hls
S5O,000, 900, and bough stocks at so low rate
when they we're down that he will by } June be
worth $4,000, 900. He expects to increase
bis pile to round hundred millions 10 five
years Daniel Drew has been set down as
bankrupt by the panic, but he has not lost
money enough to hurt him: lie has way OF
protesting that he is ruined when he wants to
make settlements, or be let off easily. His for
tuue has, perhaps, experienced skrnkage OF
halt million, but he is held to be worth at
least eight millions yet Jay Gould, another
OF the reputed lame ducks, is only playing
shrew game, it is asserted, by oste0slbly retlr-
iog from "the street. in order to avoid legal
responsibility in bis uncomfortable comphca
tions with non paying New Jersey Southern
aud other railway interests. He is believed,
however, to be good to day for ten millions.
Henry n Smith, the new operator 10 Wall
street, who Undertook to beard the old veterans
10 their den, has been sufferer to the extent OF
some 81, 100000 through Gould's superior tao
ties but he has 50 900. 900 to $3,OOO,OOO, with
which to start out again on a new light, with the
aidof some hardly-earned experience to give him
discretion. Alden B. Stock we'll, another young
aspirant for the leadership of Wall street, is
one of the crippled ones OF the Exchange, but
be was maiuhcd before the panic by his opera
tons in Pacific Mail, 10 which little bout ne
lost some $4,000. 600 10 three months, and re.
tired to back seat with a small nest-egg OF
$500, 900 to Commence operations again IN more
propitious tunes. Rufus Hatch, another OF
the heavy operators of Wall street, was burt TO
the extent Of $2,O0O,O0O by the panic, but
saved about the same amount Clafhio Il Co.,
The dry goods merchants, weathered the storm
by getting an extension from their creditors,
aud selling largely for cash at reduced prices.
il is pouced that those apparently crushed by
the panic have shown remarkable recuperatlve
powers, and never has so great a crash been 50
s&cdlly recovered from. The National Trust,
Union Trust; Kenyon, Cox & Co., George Is.
Grinnc l. Co., Fisk 4 Hatch, and others, are
once more launched 90 an active business ca
L Il