Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-10-21
New York Items.

New York Items.
NEW YORK, October 2l.-Isasc 7.
Meyers & Co.. dry goods importers, 800
Broadway, failed yesterday, and made an
assignment for the benefit OF their cred
itors.
B. G. Smith, jr, stock broker, has
given notice to the Stock Exchange Of
his Inability to meet his engagements.
Strauss, Lemsns & Co., importers of
dry goods, who made an assignment,
have filed their schedule. Their whole
liabilities are SS99, 745 gold, aud their
assets are $l74,O3l gold; EST, 900 are due
in England; $4,000 forms to German
bankers, aud $57, 600 gold in this city.
In the suit Of Joseph Schmidt 4 Co.,
tobacco merchants, against Frederick
Fettee, the sheriff has seized several
thousand dollars worth OF tobacco and
other merchandise at Fettee's house, in
Brooklyn. 1t is alleged that Fettee has
~frsudulently purchased about 500, 900
worth Of goods on credit in several diff
ferent cities, and the suit OF Schmidt &
Co. against him is to recover payment OF
certain prOmissory notes given to them
By him for tobacco.
Argument in the demurrer to indict-
ments charging II. B. ClaAin 4 Co. with
dealing in smuggled goods has begun.
There are three indictments against the
firm, bat as the same objections apply
to all, the n alleging buying and facili-
tating the concealment, transportation
and sale Of six cases of struggled silks
was selected for the occasion. Mr..
Evsrt, counsel for ClaAin & Co., in the
course Of his arguments said that the
statute under which this indictment was
found provides that whenever any one
shall be found to have had possession of
smuggled goods, knowing the same to
have been smuggled, be shall be convict
ed, unless he explains such possession
to the satisfaction Of the jury. The sta
tute is wholly confined to dealing with
struggled goods, and not with goods
which have passed through the custom
house. The courts treat smuggled goods
as goods not introduced through the Gus.
tom-house, but in evasion Of it. The
firm buys and sells fifty millions Of dol.
lars worth Of goods every year, and it is
but just tina. it should have some infor-
nation as to when and where the silks
they are charged with dealing in we're
smuggled. Without such information
the firm should be considered culpable.
The great hall Of the Cooper Union
was filled with enthusiastic men and
women who desire that the bible should
be read in the public schools, and that
the school fund shall not be used for sec.
tartan purposes. On the bust Of George
Washington was a cape OF bright red,
over which vas folded a blue neck-tie
ornamented with white stars. Henry
Clay wore a blue vest cut rather short.
Daniel Webster wore a waistcoat of red
bound with white. The audience sang
an opening ode to the tune of the Star
Spangled Banner" One of the speak.
ers, the Rev. DR.. Miller, noticing
the garb Of Washington, said that
when he entered the hall he turned
to ask a friend whether the bust was one
Of Cardinal McCloskey, clothed in the
scarlet Of his office. The blue and the
white above the red continued; be alone
spared George Washington the profana.
ton now fashionable among the womer
OF New York. You see, then, everywhere
badges with a rUsette Of scarlet, or per
sons wearing a sash Of red, and wearing
it because IL is the color of the Cardinal
men wear scarlet cockades and children
scarlet ribbons. 1t is a matter TO ell on,
with dismsy. For my part l woult
rather, if a badge Of color must be, SCI
the yellow Of 0rangeman Haunting
everywhere than to see their insidiou,
expressions of sympathy with the Ro
mau Church.
Rev. J. s. Willis pleaded for the con
tinued maintenance OF the bible in tn
public schools. 1t is insepsrably wover
/ into the warp and wool Of the publ
/ schools. As a matter of policy the b
Bile should be retained TO instruct yout
in those principles Of morals; that ill
eral system Of education lays befor
him; parents cannot be depended upor
nor can the churches. The speaker sal
> be was willing to accept Prince Bi
= marcs's compromise, and allow To
: Catholics to be taught from the Donai
b bible and the protestants from the 81
Q James bible, for there is not much differ
ence between them anyway.
8 After other and similar addresses an.
the OenedictiOr, the audience separated