The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-08-02
Our New York Letter. ,..,n
NEw YoRK July 1st 1870,
DISTRACTION OF NEWSPAPERS.
Ed. .AntirAonopoIst: ~

|. j. Ed. -AntirAonopolst .,r ....a.4.. .,4iissI
at. DESTRUCTION OF NEWSPAPERS. fgft
| In which ever way one looks to see the
ruin wrought by the sgifted.. fnanciers Of
this nation; few professions suffer more
from, the hard times than the literary;--few
trades more than that of the publishers 1t |
! is estimated that So, 600, 900 worth Of bank
ruptcy has occurred in; the newspaper busi- !
ness since the panic. A good deal of this
/ has been. old rubbish, that could be well
dispensed with, am pleased to see 50
many Granger organs starting. 4 think 4
can number near forty all eady in this line. /
Those new papers Of this sort that manage
to exist until the hard times are over will
doubtless have fine success, where well man
aged AS Grip Van Jefferson says:
-.:Their good health and their family, may
Fthev live long and prosper.
Toe destruction mentioned is noticeable
even among the chief magazines. It usu
ally with them, goes by the polite name of
consolidation" tFt - 5+}ta '3'i.
! Now we have the statement that the sBos-
ton magazine Old and Ntw with so clever
man as Edward Everett Hale for its editor,
has,been compelled to surrender, and that
.Scrttnerts Monthly is about to swallow it up
as their juvenile swallowed up Our Young
Folks? t4a aass a5 49, i. stssittt
Il s'T BIG AND LITTLE FISH. u .i.'4ts
But the manner in which our mercantile
concerns are being consolidated is a caution
to young merchants with small capital.
; The way the average commercial gentleman
retires nowadays, is to take a back stool
in the store OF some great ogre, like Stewart
or Clafin. The small stores are being fast
gobbled by the big ones on the avenues also
To 10 for; 4
fancy goods stores are being rapidly driven
cut by immense establishments. one or two Of
; which, like Mays, can supply the whole
, West Side, and others are all concentrating
! in Sixth-ave. Serves them right. They've
i no business to be mddlemen. The next
thing-if our people We're not SO stupid
). would be mammoth cash co cooperative stores,
like those of the Civil Service in London;
f where no one man enjoys the profit but it is
! divided among the hundreds of sharehold-
!, ing customers; and where no credit exper,
is needed like Clafins 100000 year
man, because no credit is given.
~ CHEAP AND RAPID TRANSIT
f see that you appreciate the work Of the
Swelling Reform Association" Of which
. am Secretary. Our latest effort is in behalf
. Of Cheap Morning and Evening Trains, =
a for working men and suburban villages, is
; bound to succeed, as the thing has long
: been done at London and Boston: The fig
: 1res you quoted are quite correct, as we
carefully searched all the reports. Another
valuable institution here is the Cheap
: Transportation Association = Its last report
shows that there is great need Of such So
ciety, to systematically show up railroad
; frauds = 1t gives striking digest of those,
as follows cover two hundred and fifty
millions of obligations have been issued by
the Union and Central Pacific railroads, Of
which not one half were ever paid for: We,
e the commerce Of this country is being taxed
II to pay dividends upon the entire mass OF
:, obligations thus created. The legislation OF
Il the past decade has been largely in the in
: terest of powerful rings to the great detri
y y ment of the public: Acts giving millions Of
J acres of public lands to these rings have
been lobbied through Congress and the sew
"a eral State legislatures, and scarcely voice
!, has been raised against it. The Union Pa
q cifc Railroad alone, having an area one
third larger than the States OF Massachu
er sets, Rhode Island and Connecticut; thu
ye Central Pacific nearly as much more, VIII |,
2 the Northern Pacific has twice as much a
IF both the others, while unlimited amounts Of
We public lands and money seem 10 have beer
r, had by favored few for the asking, and
D without any conditions being impos ed which
III would protect the public interest. There il
even less excuse for legislation which ha
y. been obtained from subservent legislature
10 allowing tne grosse-t frauds 10 be perpetra
{: ted upon the public. Among these are un
a. limited waterings Of capital stocks. tn
OF avoidance or remission Of taxes on railwa
r. property the establishment Of Credit NJ
err bil;er institutions Of various kinds by whic
ps revenues have been delivered from legii
er mate purposes. and other acts of like na
~ ture tending TO enrich the few at the e,
j. pense Of the who lie public.
l. MERRY MACHTAvELLIAN MEpaIsIoPEELE
10 There, I've got good name al last *
n Manton Marble Of the World. laughe
IS much ..in my sleeve AT that man formerl,
/ when open exclamation would have bee
b. indiscreet. that | have become quite .tou
Sc at the elbows. in consequence. ha,
,st sa, by the half hour, and shaken all owe
IT ! with great, silent inward guffows. as
at thought of him as editing ..the leading wori
to ingmans hope Of this nation I've M
an nothing funnier since used to make stud
he of the aristocraiic Hester Clymer and Il
le- loud-mouihed John Cessna as Democrat
of leaders in the Pennsylvania Legislature
est 1860. To be sure the sight Of Whitela
err Reid querading as '-reformer' in He
ace Greelcy's old white coat and hat, Is fu1
Of ny too; but not mp TO the other. By Il
r. way got this on Reid lately with b
ye. leading paper" New York Pres,
he going to the bad morally, and the Tribune
RI the leading paper.
ds- Put to return to Marble He is just nc
Use wallowiag in the slough Of despond, creat'
ce- By the Ohio detection He has his ishi
my strung up on pole IS signal Of distres
IRE and is firing OF rockets. minute guns u
the squibs, mostly the latterl. but the peoI
red ION shore" regard this Is the Scilly Islam
led ers did similar demonstrations from !
me- Sehiller-they consider thst he is on
lists saiuting-they are 50 used TO his frolicsol
leir ways. Here's richness, now listen TO hi
) in The Cincinnati paper-naniacs now .
any the Democrats Of Ohio to endorse this r
the publican Legal Tender crime 1t the nome
I as when all its results are most obvious =
ont most affecting" He then shows that