Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1876-03-23
OurNew York letter.
A Week of Annfversarfes-Uncle
Observation-Disclosures and Musical
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Soou oeal OF DAY Tor q large
majority of the American pop
ulation as the first Centennial
of the evacuation Of Boston by
the "Red- Coats" and the no.
body knows how manyth Cen
'tenpial Of st. Patrick, that good
saint who was such a terror to
snakes.
1t would perhaps be rash to
assert that the clerk of the
weather is an enemy of St Pat
rick or of the patriots of the
Hub" but certain it is that
the day is usually one of wet
gloom, and this year offers no
exception to the rule. A de-
pressing drizzle Of wet sleet
put damperono outdoor demon
STATIONS for more than half the
day, and although the shamrock
was displayed in hats enough to
give the streets something of
the appearance of a growing
asparagus bed, the professions
were rather bedraggled sorry
Hooking affairs. However, pent-
up enthusiasm found sufficient
vent in indoor celebration, and
countless were the healths drunk
Ito our American Eagle and the
Irish Saint.
The past week has witnessed
quite a number of business fail
Furcs, of which two only are of
large extent. Daniel Drew, the
aged Spectator, who for years
was one Of the kings of the
street, has left financial life
through the gates of the Bank
rupt Court, and the National
Bank Of the State Of New York
has been forced to close its
doors. The failure Of "Uncle
Daniel, "as heis Familiarity called,
was not only a surprise in itself,
but developed the fact that
while his reported wealth was
several millions at the least, his
total assets will not "pan out"
$4,000 against liabilities of
over a million. His case is also
another warning not to put your
trust in the promises of million
aires. He had endowed" two
theological institutions by Civ
ing them his notes for S250,000
and $100,UG0 respectively, on
the strength and interest of
which they have fiourished un-
til now, when they are thrown
on the cold world. A peculiar
feature Of the Bank Of New
York suspension was the fact
that its door closed when it had
nearly a million and a half in
cash in It's vaults, Mr.. Drcw's
failure was not of a kind to af-
feet commercial interests, being
merely speculative; but it was
feared that Of the Bank would
seriously weaken confidence,
and thus increase the rigors Of
the present financial condition.
These fears, fortunately, prove
10 be for the most part unfound-
ed, and it is now probable that
the institution will shortly re-
sumo under the presidency Of
August Belmont.
Rumor whispers that that the
cnterprising Strakosch has cap
tured one Of the shyest of Eu-
ropean lions in the person of
Ofenbach of Opera Bouffe
fame, and proposes to exhibit
him in this country during Cen
tennial times. lie is reported
as having labored manfuliy also
to add Wagner and List to his
collection, but without avail
His failure in this latter Efforts
to be deplored, for having got
them over here after a moder- !
ately rough voyage, America
would probably retain the three
great apostles of the Emusic of |
the future" till the end of their
days. Won Bulow who is al
ready here, remembering his
two weeks of sea-sick misery,
says he "vill cross no more the
ocean," and it is fair to suppose
that the stomachs of these other
illustrious gentlemen are con-
structed with similar delicacy.
Perhaps stronger reason than
sea-sickness for Won Bulow's
determination is the high and
general appreciation of him
shown by our public, who al
most invariably astonish foreign
artists by the extent Of their
average musical culture. 1t is
remarkable to note the progress
made by our people in this art
during the last ten years, in
spite of panics and politics.
Music is now an almost uni
versal accomplishment, and its