The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1876-02-17

our NEW YORK LETTER.
The Rich Men.Tramps--ln Wall
Street.-The Great Firc--MOOdy
, and Sankey.
New York. Feb. 18th, 1879
THE RICH MEN.
Daniel Drew, the great stock gam
bier, is sick, aud will probably go
hence before long. He gave, last
, year, over 800, 900 to Methodist SEM
inaries and churches, AMI as an offset
gave the bar privileges on all his
boats to his son. Daniel is . shrewd
old gentleman-he has whipped ev-
erythins that ever stood up before
him, but he will find his match in
grim Death. And then what will be-
come of his property? Where, then,
will be the railroads, steamboats, and
stocks? Drew is estimated at $751;
O00, goo, which is quite enough to
ruin all his children.
Commodore Vanderbilt, greater
than Drew, has had his affairs in read
mess for sudden departure these
two years. The old gentleman is hale
and hearty, but he has had a number
of very close calls. The public are
never permitted to know when these
men are sick. If Vanderbilt should
die, the vast interests he controls
would be so demoralized that no one
could foresee the end. A rumor that
he is i'll sends his stocks down ten
per cent. in minute, and its author.
alive contradiction restores it Just as
quickly. He canno. last long, how
ever, and when he does go under
there will be smash such as the
country never saw. He has taken
advantage Of this fact to manipulate
the market himself. Occasionally
more of the stocks of his various roads
have gone out of his hands than he
desired, and to get them back cheap
ly he would take his room for day,
and let it leak out that he was i'll.
His brokers would step in when it
was down and buy up rs much as
they needed for his purpose, when
the old gentleman would appear on
the streets as smiling as ever. A
very talented old man is Cornelius.
TRAMPs AND MIGRANTS.
The country is infested with tramps
and Migrants, and az the city enjoys
the presence of four times as many as
usual, the question is where do they
all come from? Never in the history
OF New York were there so many as
now. The streets are full of beggars,
who poster you at every turn with
opportunities, and the back areas are
crowded with them. Some few make
q show Of some kind OF business. but
as a rule that pretext is not observed,
bu. they come at you with bold, and
generally, impudent demand for char
ity. II you give, what you give is
converted into rum in the shortest
possible time, aai thea the station
loGss furnishes lodging for the va
grant. The 1alss the civ pay for
these varnia is something enormous.
There Are ever 5000 professional
aeggars and thieves in the city, and
when the semi thieves, those who live
unlavfully but manage to keep out
of the hands of the law, is added, the
sum total is something awful to con-
template. 1t is pity that some plan
for compelling those sturdy villains
to earn their own living could not be
devised. The attention Of ike public
is being called to it, and doubtless
the Legislature will give the relief
the city SO much needs. Ii they could
OILY be arrested and compelled to
work on the public works, or on the
streets, it would be an immense saw
ing to the city, and would do away
with nuisance that has grown into
vast proportions, and is daily iucreas-
ing. Mendicsncy is 80 much easier
here than in Europe that thousands
come here to ply their vocations. Ev-
ery steamer, and every sail vessel as
we'll, brings its assortment Of thieves
and Migrants, to reinforce our native
product. Congress will be pe,itioned
this winter to take some steps to pre-
vent New York being made the re.
ceptacle Of the crime and paupe risn
Of the Old World. Bat whether i,
can be done is doubtful. There is no
doubt but that something ought 10 be
: done, for the nuisance il well-nieh un.
/ beara bic.
IN WALL STREET
Wall street is as old as the city,
but its habituas are not so ancient
The average stay of a man in tha,
streets is very brief. He may make
a grea. deal Of money one year, but
he is morally certain to lose it the
next, and ninety per cent Of them 60
out poor. The Oldest man in the
street has only been there twenty-sey
en- years, and he has stayed that
length Of time by doing a strictly
commission business, and never tax
ing risk. The Office that this man
now occupies he paid $50 per year