St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1876-03-17
Our New York Letter

Our New York Letter.
TIE CITY'S VICTORY FRUsTRAT-
ED-A sICKENING CALAMITY-PLY-
MouTH's ENEMY-THE QUICKSAND OF
WALL STREET SACRED AMUSEMESTs
AN UNJUST SENTENCE.
NEW YORK, March 10th, 1876.
To the Editor Of tie CuledOnian
The final decision of the Tweed suit
carries lis back to the events of II when
the rebellion against the Tammanv
Ring inaugurated the grand system of
reform and investigation, which after
five years of more or less prominent
operation, seems now to he reaching its
climax. 1t is Il relief to have the head
ing, 1.-The Six Million Suit" drop out at
last from our daily law reports, espe-
cially as the verdict was more than
could be hoped for, being foI only II
comparatively few thousand dollars less
than the whole amount which the city
claims to have been stolen. This may
seem IL barren victory for so tedious and
costly il fight, particularly as the recov-
cry of any considerable sum from
Tweed'S demolalizcd estate is doubtful:
and Yet the moral effect is felt to he
worth all il has cost. The Suit has de
veloptd the fact that we have got back
some of the old-timc honesty and in
compatibility into the bench and iuly-
box, and holds out the promise that
justice in New York will in future be
less of mcrchantahlc article than it
has been IN late Years. Mr.. Charles
Ot"nor is receiving the warmtSt con
gratulationS on the result. and even Mr..
Field gets praised for his vigorous de
tcnS, now that the danger is over. The
latter will pr"i,bly appeal the case.
but Twecd's chances Of success III Il
higher court are very limited
Among the local occurrences ~ the
week. not even the Tweed verdict has
excited :" lively and general an interest
AZ the decision upon the route of the
new East side elevated railway. The
experience of this project has been r;Ith-
ct anomalous. Every body faNorS rapid
transit. Every man. woman. and child
VINO has occasion To pa1ronlZc III ilicial
loc"moti"m has had the pressing uccc>-
sItN thrlrt"I ground into his. her OF It's
CoruS 10y :hc heels of the. Surriu,r and
miserable Masses that gorge the matin
and the Nc>pcr h"r>r-r,r. and Vet a.
- nt has 4
L" ANY street. the honor has been blush |
ingl> declined. Thus. for months We
have had the cdiiNin9 spectacle of halt /
Il city full of people >c"ldiug rca>rlr>>ll I.
ah"ut their travelling accommodations
and climoiiug t"r better. hut at the
same time >ig"r"r>l, opposing every T.
effort I""kiH" toward the iur;itinn and
construction of the proposed improve
mrnt. /" hear the pititul walls of
prnpcri Owners before the commiS>ion-
"r~ appointed t" hear objections. one
would think that the latter body were
taking nIra~IIlrS To iurTuduc,. the chulc- /
II "r small p"N mt" their th"roughtirr.
ht controversy uui%ht have been end .
less "Hi ton the authorities getting out .
oi patience and cutting the GnidIan .
Knot 10y naming Chatham St. BowrrN.
and Third Avenue IS the route. and
thus viii III all probability bc the one
adopted.
Ii" business uutlnuk foI the coming
season l. being di>cu~>,h tor the. most
part. III Il dnlctul STAIN. One leading
paper has gone int" the immediate. pros
poets cNhIu>tiNely. hut only succeeds
IN hlinSlng forth the conclusion that
nearly every branch OF trade l. Going
To the ''dcmnitinn bow-Wow>" with aw-
ful speed
"com>ldcIationS however. operate.
I" prevent this luguhriou~ prophecy
from driving any one To despair. First,
Is the special one that this great and in
>trinGcucy is constantly bring
ing business down NEARER to a cash
basis. and consequent safety and SEC
pnd. there l. the general fact that the
country always manages 20 get through
he>e tight places some way. in spite of
he Slo"nlrSt plophcrics.
In tins connection two of the weeks
occurrences deserve mention. One is
hc s'r"ng resolution of the Importers /
md Grorrls Board ot Trade in favor of
speedy resumption. and the other Il long
memorial to Congress from namut:ic-
nllhS StatloncI> urGln" the abolition of
he present postal card and stamped
Envelope N>tcnI. 10y which II i claimed
hat the GoNcrnn"uI not only tm finishes .
Icsc goods {" the pupllc at i loss To it
sell. hut thereby makes itself Il com I
'ctlt"r OF It's own citizens. The inter
'strd parties are confident of success in
Il change in the postal laws.
Which VIII have the effect of raising the
'rIrc OF the commodities above men II
toned.
OF all places III which To find repre- =,
emtative New Workers.. specimens of "
ier >hIewdne>>, enterprise. and intense -,
Ictivity. Wall street is par excellence
he one to visit. Probably nowhere on =;
his continent will Won find business \
boiled down To such Il strength and Il
ro~dcd within such narrow limits as q,
II those wonderful few acIcs about the "
took exchange. In Il sense. here is the =
lhahrlal heart and brain of the country. d"
whose pulses are felt to the Pacific and
he Gulf. and through whose iron nerves
he electric battery sends financial health
II disease throughout the body polite. II
y lew of the great workers of Wall "a
trcet are known 10y reputation to every
me VINO can read the newspapers: but n n
'cSldes these there are many who, pcs II
eSSlng widely felt influence are scarce
V known by name outside the scene of "
heir personal activity. But to WELD
his influence, or even to hold ones own
II the ccasele>> struggle of which this
pot Is the centre, requires talent of no
omm"n order wits, i'll many cases
happened 10y many vicissitudes and
ong contact with the worlds Tough cor
ers.
In Brooklyn, beside the BeecheI af "
ilr. which ! think is becoming chronic al