The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1876-03-16
OUR NEW YORK LETTER.
(Fi'on1 our oaUH Correspondent
New York. March, 10th. 1876.

NEW YORK, March, IUth, 1876.
To the Editor Of the Tribune.
The final decision of the Tweed suit
carries us back to the events of II
when the rebellion against the Tammany
Ring inaugurated the grand system of
reform and investigation, which after
five years of more or less prominent OPP
Grafton seems now to be reaching itt.s
climax. It is a relief to have the head
ing, ''The Six Million Suit drop out
at last from our daily law reports, es-
peciaily as the verdict was more than
could be hoped for, being for only a
comparatively few thousand dollars less
than the whole amount which the city
claims to have been stolen. This may
seem barren victory for SO tedious and
costly a fight, particularly as the re-
covery Of any considerable sum from
Tweed's demoralized estate is doubtful
and yet the moral effect is felt to be
worth all it has cost. The suit has de-
yeIoped the fact that we have got back
some of that old time honesty and in
compatibility into the bench and jury
box, and holds out the promise that
Justice in New York will MIXTURE be
less of a merchaLtable article than it
has been in late years. MIR. Charles
O'Conor is receiving the warmest con-
gratulations on the result, and even Mr..
| Field gets praised for his vigorous de-
tense, now that the danger is over. The
latter will probably appeal the case, but
Tweed's chances Of success in a higher
court are very limited.
Among the local occurrences of tic
week, not even the Tweed verdict
created interest as the decision
upon the route of the Lew East
side elevated railway. The experience
of this project has been rather anomal-
Gus. Everybody favors rapid transit.
Every man, woman, and child who has
occasion to patronize artificial locomo-
ton has had the pressing necessity
therefor ground into his, her, or its corns
by the heels Of the surging and miser-
able masses that gorge the matin and
the vesper horse car, and yet as often as
the new route has been offered to any
street, the honor has been blushingly
declined. Thus for months we have
had the edifyin8 spectacle of half q city
full of people scolding ceaselessly about
their travelling Accommodations and clam
oring for better, but at the same time
vigorously opposing every effort look
ing toward the location and construction
of the proposed improvement. To heal
the pitiful walls of property-owners be-
fore the Commissioners appointed tc
hear objections, one would think that
latter body were taking measures to
introduce the cholera OF smallpox
into their thoroughfare. The contro.
versy might have been endless but fol
the authorities getting out of patience
and cutting the Gordian knot by naming
Chatham ST., Bowery, and Third Avenue
as route, and this will in all probable
ity be the one adopted.
The business outlook for the coming
season is being discussed, for the most
part, in doleful strain. One leading
paper has gone into the immediate pros.
poets exhaustively, but not only succeeds
in bringing forth the conclusion that
nearly every branch of trade is going to
the ''demnition bow-wows'' with awful
speed.
Two considerations, however, operate
to prevent this lugubrious prophecy
from driving any one to despair. First,
is the special one that this great and in
creasing stringency is constantly bring
ing business down to cash basis, and
consequent safety; and, second, there is
the general fact that the country always
manages to get through these tight
places some way, in spite of the gloom
lest prophecies.
In this connection two Of the week s
occurrences deserve mention. One is
the strong resolution of the Importers
and Grocers' Board of Trade in favor of
|
memorial to Congress from manufacture
ing stationers urging the abolition Of
the present postal card and stamped en-
velope system, by which it is claimed
that the Government hot only furnishes
these goods to the public at loss to it.
self, but thereby makes itself competi-
| fcr of it, OWN aiti1opc Tho ipto
parties are confident of success in effect
| ing change in the postal laws, which
will have the effect Of raising the price
of the commodities above mentioned.
| Of all places in which to find repre-
| sentative New Workers, specimens of
her shrewdness, enterprise, and intense
activity, Wall street is par excellence
the one to visit Probably nowhere on
| this continent will you find business
| boiledd own to such strength and crowd
ed within such narrow limits as in
those wonderful few acres about the
stock exchange. In a sense, here is the
financial heart and brain of the country,
whose pulses are felt to the Pacific and
the Gulf, and through whose iron
narves the electric battery sends finan-
cial health or disease throughout the
body polite.
A few of the great workers of Wall
street are known by reputation to every
one who can read the newspapers; but
besides these there are many who, pos
sessing widely felt influence are scarcely
known by name outside the scene of
their personal activity. But to WELD