davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1876-03-15
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A STUBBORN DRIVER.
NEW YORK, March IA, ls7e

NEW YORK, March IA, ls7e
To THE EDITOR OF THE HERALD
With your usual sense OF justice and impartlalty
you will allow me TO state in your widely circulated
journal grievance which number Of ladies and gen
tlemen we're forced to submit the hands OF one
our car companies While coming home from the thea
tire last night at eleven clock IN the street
cross town car for Christopher street terry the
gers, consisting OF twelve gentlemen aud eight LADIES'
Congratulated themselves at The prospect OF catchinf
tho nall-past eleven o'clock boat But what was oui
asiOnishment and indignation. when after riding nv,
minutes the car stopped and the conductor niormes
us, cooy and roughly, that 'thero be twenty passcn
gers ana iic only got nfioen fares - Two gcntlomcr
now loa nan that they had each put twenty i've cent
stamp IN tue box He insisted that he "vnly got one
quarter ana one ien-ccnt stamp In paper money" Ia
maAo u shoft, however u was only when threat
ched 70 put hlln oil the car entirely and drive along
ourselves that this stubborn fellow would drive In
INC, we missed tbs boat ny five mlnutoa am sure
that this is not tho last will he heard Of thIs affair,
several influential citizens Of Uoboksn ~ Ne tint
In The car uAl~
The New York herald., 1876-03-15
Rurus HATCH on TIE s1rrAr1oS-

Mr. Rufus Hatch being questioned in regard to the
probable effect that the failure would have on the
street said 81 have been long out OF any active
participation IN the Affairs Of the street that really
can give no decided opinion. l have, Of course. my
views, but whether any failures will result
a sequence TO this collapse do not feel confident
enough TO say. stll state that the stoppagc Of
the Bank OF the State OF New York WILL in my bpnion
have general bearing on the brokers in wall
street l. As well as others, would have much sooner
looked for the suspension OF other nstitu.
tons than this one, for there has been considerable
talk among Wall street IN regard to other banks
or at least other. inclined 10 believe that tho
present failure IS the result OF old sores which were
brought about by the panic Of lS12 The value OF
stocks will not be, think much arectcd by this stop
page FOR the bank has had but tlle II anything 10 10
With stock brokers JoDbers. It's dealings were.
The New York herald., 1876-03-15
ACTION OF THE CLEARING HOUSE.

The president OF national bank located on the north
side of Wall street. between William and Nassau streets
called upon by HERALD reporter. He said he
would give information Willingly but desired not to
have his name used He stated that he was present at
the meeting OF the Clearing House Association
The association called to order at three O'Clock
in order pass upon the status Of the Bank Of
the State of New York Mr. William Dowd, Pres-
dent OF the Bank of North America presided, and
Nr G. f. Baker, Cashier of the First National Bank,
acted as secretary. There but little discussion
after the report of the Clearing House Committee had
read the association. There aarge mass OF
figures in the report, which, alter 1t had been read
by the committee mailed TO the Comptroller OF the
Currency at Washington, who, on receiving 1t Will. 1t
understood appoint receiver to take charge oil the
affairs OF the disabled bank.
The informant of the writer stated that he did not
wish speculate the OF the trouble of the
Bank OF the State OF New York He believed that the
bank had been dong risky business, and doing too
much of It, and that the institution must sink because
paper belonging TO other people When the gentleman
asked what kind of business II was that the bank
had done he declined to tell and declared that the re-
port of the Clearing House Committee would not be
made public until 1t published by the receiver
He also added that the Clearing House Association on
presentation OF tho report had taken Immediate and
unanimous action, declaring the Bank OF the State or
New York permanently suspended from operation.
The New York herald., 1876-03-15
SAVING THE HARBOR.

The Atlantic Yacht Club, at regular meeting, held
at its headquarters, Hamilton Building Brooklyn, on
Monday evening, at which nineteen yachts 1--we schoon-
ers aud fourteen sloops) we're represented ADOPTED
unanimously the following memorial to Congress
To CONGRESS UNITED STATES
Whereas the members OF this Organization have, from the
daily pursuit the pastime OF yachting in ard about the
and harbor of New York. had visual that
quantities Of earth aud ashes, including the
sweepings and refuse OF the city OF New York
daily and dumped into the OF SAID and
har6or aud the Hudson River New York and they
know from their connection with said and htrbJr that
dumping has injured the and the approaches
thereto and that IL the practice is stopped the hsr
Dor will be injured that the commercial advantages
OF the city will be materially lessened and the large steam
ships plying between this port and Europe will be
Bile the nRrbor aud the be cut OF from the
val departure vessels OF deep draught and from
the entrance OF larger menofwar Now, therefore,
Resolved That this organization the Atlantic Yacht Club
OF Brooklyn In the New York. docs hereby
spectu but earnestly ask and House of Repre-
uf the United states OF America in Congress
sembled pass the bill entitled "a bill In relation the
port and harbor OF New York and the the
same recently introduced into said House by Hon Mr.
Schumacher, Ot this district.
The New York herald., 1876-03-15
FIRES IN JERSEY CITY.

The building known as the Glendale House. Com
munipaw avenue. near the Hackensack River, in Jer-
sey City, caught nre Monday night, and the flames
gained such headway before the 6romen reached the
place that the building was totally destroyed The osa
Is S5, 0OO
fire also broke out In Hautman's bakery, on Sher-
man avenue, and the building, with its contents was
consumed The fire extended TO an adjoining house
occupied by Henry Miller a fancy goods store and
dwelling house, and this building also destroyed
The loss on the bakery 50 600; insured for 81 ZOO
The loss on Millors 81, 900; insured for 81, 900
The residence OF Mr. Bushnat was damaged to the
tent Of $3.50; fully covered by insurance Glaubrecht
stable and Charles Steers residence wero also damaged
making the total loss 81, 000
The New York herald., 1876-03-15
AT TuE COTTON ExcHANGE.

When the news OF the failure reached the Cotton Ex-
change excitement ran high. Some half dozen parties
with balances at the suspended bank complained Bit
tery Of the msmanagement which had brought about
its embarrassment, and various gentlemen in the
Chamber spoke ominousy of the results TO be looked
for in a day or two There disposition evinced
TO take the directors to task for niudicious and
busnesske dealings When the report came in that
the amount Of over drafts $500 900 another
temporary spasm OF excitement was created but the
further statement that the depositOrs would be
paid in full and that the stockholders might look for
city cents the dollar at future date abated
some extent the murmurs, and business went at
the Exchange undsturbed Tor the rest Of the day.
The New York herald., 1876-03-15
AT THE MARITIME EXCHANGE.

The announcement of the bank suspension was here
the signal for the inauguration OF considerable excited
discussion and very strong debate the La
biity OF the banks managers to condemnation Dur
ing the day the clerk stood at the blackboard sedu-
lousy jotting down every novel bit Of news that
arrived and long line of readers stretched from the
door far into the chamber looking impaticntly for
every announcement. The situation was here dis
cussed with more evity than in other business
quarters, and some gentomen discovered quite fund
OF wit talking about subject not invested with any
very marked humorous features. The effect Of the
suspension business Of course, considered and
IL was generally thought that any consequent depres-
sion would be merely temporary.
The New York herald., 1876-03-15
THE BAY RIDGE STRIKERS.

The work the Bay Ridge and Jamaica Railroad,
which suspended owing to the strike of the labor
for higher wages last Saturday, resumed in
part yesterday morning. About eighty Italians con-
sented to work for 81 per day, and the Offer
cepted by the contractor, Mr. Henry Beard. Shortly
after about twenty of the strikers compelled by actual
want. took up their shoves ana stepped into the bank
The others jeered and hooted them aud the mounied
police squad and detachment of the Eighth sub
precinct police moved up guard the men who were
at work in the gap. In the afternoon Thomas Meehan
who slightly intoxicated, made effort to incite
his comrades 10 assault the workmen, but he was
quickly arrested and locked up to answer.
The New York herald., 1876-03-15
A coNGREssMAN's HOUSE ROBBED.

General Ward, member OF Congress from New York
city, is the owner OF a mansion at Roslyn. fronting
the bay. During the past winter the house has been
left in charge Of the gardener few night since the
latter discovered thai thieves IN the house,
aud Immediately started for asssauce but on sreturn
they had made good their escape An examination
showed that every lock tho place had been wrenchcI
OF and the house ransackcd from garrett 10 cellar Tho
thieves had also helped themselves freely TO wine and
cigars The osS cannot yet DC asccrancd, but u IS
believed that they carried away mech valuable pcn-
der IN their sloop which lay OIL 'front.' Of the place.
The New York herald., 1876-03-15
FIRE ON DAvID's ISLAND.

The United States Military Station at Davids Island
on Long Island Sound, opposite New Rochelle. narrow.
y escaped total destruction by fire yesterday afternoon
Some mon were burning brush the island and the
flames communicated with one of the government
buildings used as barrack for the soldiers The high
wind prevailing at the time carried the fire two
other adjoining structures OF similar character all
three OF which were destroyed The timely arrival Of
the New Rochelle Fire Department prevented the
flames from spreading to the remainder Of the build
ings which must otherwise have been consumed. Tho
loss is estimated at about x5O1
The New York herald., 1876-03-15
THE SEVENTH REGIMENT ARMoRY.

The amount received ior the proposed armory Of
the Seventh regiment up TO the present is s7O,44o OF
this the regmen,al subscriptions amount to s42 o35
the veterans OF the regiment, s1G,TO5, ana citizens,
Sll, 1C0 The following subscriptions have been re-
cevcd from citizens since the last report:-Singcr
Manufacturing Conpany, $1,000; sheldon, Banks X
Co, $3.50; August belmont Co, $3.50; William c.
A Nllkcn. SlNO
The New York herald., 1876-03-15
A CASE OF HEART DISEASE.

Coroner Eickhof yesterday held an inquest in the
OF Leopold King, of No. $40 Lexington avenue.
King found dead by 0incer Hawkey, OF the Nine
tcenth precinct, Madison avenue, Fiity-hlth
street. An empty blue vial was found clutchcd IN HI IS
right hand, winch must have contained Prussc acid.
The jury empanellcd was mainly composed Of resi-
dents OF the Vicinity OF Mr Kings late home, and some
OF them were friends OF The deceased 1t brought
verdict OF heart disease
The New York herald., 1876-03-15
A $500 BURGLARY.

Captain lyman, Of the Sixteenth Precinct police re-
ported to Superintendent Wang yesterday that
burglary had been committed the dry goods store Of
S. Suzbacher No. 29l Eighth avenue. Entrance wal
effected through the basement OF adjoining building
sunday night and the thieves made their exit by
way Of the building No. 30f West Twenty.nfth street
carrying with them laces, silks &C. TO the value o
81 500 As yet the police have no clew 10 the robbers
The New York herald., 1876-03-15
ENCOURAGING THE STRIKERS.

AT the New York Engineers Protective Society s
meeting last night in Military Hail. resolutions were
adopted giving encouragement TO the bricklayers
tailors printers and shoemakers in their Efforts to
maintain their former rates or pay.
The New York herald., 1876-03-15
DROWNED IN A CIsTERN.

About noon yesterday, Martin hcHugh, four years
old accIdently fell into the south side OF
l52d street. Third avenue. and was drowned.
The New York herald., 1876-03-15
orHER pANKRRs' yIEws.


Inquiry was also made among number OF bank on
cals they and all appeared agree that the
failure would in degree affect the general business
of the city, whether In commercial or purely financial
circles The Bank Of the state of New York, it APP
peared to be thought had for time been gradually
losing the confidence OF business men, which, 1t
serted is proved by the fact that the deposits, which
some four years ago averaged about 81 0OOCO have
OF late dwindled down TO 50 500 OO0 The people
who had accounts with the bank they say are people
VINO can wei alord TO wait Tor little time Tor their
money, and beyond a possible temporary embarrass-
ment no Inconvenience VIII be caused 10 the deposit
tors What the effect Will be on the country banks no
one seemed willing to hazard an opinion, although
there appeared be opinion prevalent that no serl-
GUS cause for apprehension need exist In fact, the
trouble every one thinks IS local. aud beyond tempo
Tary delay loss will occur TO any but tho stockhod-
ers, who will suffer heavy depreciation.
THE VICE PRESIDENT OF THE STOCK EXCHANGE,
Mr. Moses A. wheelock, said a HERALD reporter that
he considered the failure be but an old of tho
panic OF 1873 1t properly healed, and il the
truth had beer known at that time not only nearly
every brokers firm, but the banks well, were in
very precarous, If not rotten condition. II would
have been lar better for them all 10 have gone into
liquidation and started anew with clean shcets than 10
have imperled the rising credit OF the country as they
are dong now, by an exposure Of their unsoundness
The blow confidence severe, and that
feeling OF distrust which, in financial circles. II is so
hard TO aay. What the developments may lead to II
is impossible to say.
CORRESPONDENTS OF THE SUSPENDED BANK.
Tho following the country correspondents OF the
Bank of the State of New York.
Talant x Co. San Francisco, Cal
San Joaquin Valley Bank, sau Joaquin county Cali
forna
Eagle and Phoenix Savings Bank, Muscogce county,
| Georgia.
Filth National Bank, Chicago, III.
Cole Brothers X CO.. Chester Randolph county ILL.,
Jacksonville National Bank, Jacksonville, ILL
Mayheld Co, Lincoln, Logan county, ILL.,
First National Bank, Marshalltown, Marshall county,
Iowa.
German Insurance Bank. Louisville, Ky.
Chesapeake Bank, Baltimore Md
Farmers National Bans, Annapolis, Md
Shawmut National Bank Boston, Mass
Bank OF Monroe PoughReepsie N Y.
Second National Bank, Cincinnat, Ohio.
Second National Bank, Dayton, Ohio.
Central Bank, Upper Sandusky, ONO.
Bank OF Charleston, Charleston. = c.
Union Bank OF South Carolina, Charleston, S. e.
Lowndes Co., Charleston, S. c.
National Bank OF Newberry, Ncwberry s. c.
Bank of Mecklenburg Boydton, Va.
Bank or Portsmouth, Portsmouth, Va
State Bank OF Virginia, Richmond, Va
First National Bank, Richmond, Va
The New York herald., 1876-03-15

understand, mostly confined to commercial houses.
do anticipate any panic or in fact any serious re-
suits from the suspension OF this bank"
The New York herald., 1876-03-15
s5,25i, 400 Total ......,

EfFECr OF THE FAILURE.
SO much for the failure aud It's causes. A word
about the effect OF IT, This, 1t would seem. will not be
disastrous in any general sense. Wall street opera
lOrs Of the opinion that 10 will naturally result in
anscttnng the AFFAIRS Of the street for few
aays, but permanent arrangement is antici-
pated In consequence Among this class OF bust
ness men II IS not supposed that any failures
viii result nom The suspension. some brokers
who kept their accounts IN the bank were peculiarly
affected by the failure Desiring some instances 10
re eeve themselves Of stocks which they holding
they obtained checks OF the bank in the morning
which they concntcd themselves with having certi-
hed A. the bank kept open for about hours they
bad time 10 get their checks certified but by the after
noon tue announcement Of the suspension awokc them
10 the consciousness OF the TACT that they had got rid
Of one species OF security which, however undesirable
was vastly better than the certified check OF a sus-
pended bank The immediate effect OF the crash was,
bi course. tumble in the active speculative stocks
Bank presidents are generally OF the opinion that
the failure can, In no materially uniayorable way,
affect other banks The banks suspension, they saw
ran only concern is depositors, who, IL Is be.
hsved. were chiefly In the gram and cotton uade A
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-04-10

"The significant fact is that, whatever s
few private individuals may say, no candi
date for public office can be found who dare'
to oppose the public schools. If there bs
even ore, who is he ?"-Dispotch.
Candidates for public office! Must we &c
to them for principles to guide our course
1t is too true the class of men now in public
life generally maintain what is popular, an1
"forty acres and mule" will be the rally
ing cry after awhile.-Lerington Gazette.
Do as you please. We are not going tc
defend the public school system until We
hear of at least one candidate for public Office
who has the courage to denounce it. Not
that we look upon candidates as exemplars
OF whatever ia good. But, then, as the Ga.
sette we'll says, they "maintain what is popi4-
TAR" and so long as The public schools are
popular it would be waste of time and
LABOR to defend them too earnestly. There
are thirty. nine councilmen, and dozen or so
OTHERS Of various sorts to be elected here in
Richmond this spring; and We'll bet dime
to cent that not one candidate will dare to
avo hostility to the public school system.
So long as this shall continue to be the case
it needs no champions. l.s.. ,..
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-04-10
r,anYiIIa f,aners please copy -. =

SsuaRIlua F&pe1s sA0O W sS,sg
p,s sSssSs sso e h::
ifsy.shree years, native Of EngnAdt hui for MANY
vesrs resident OF this aountxy
tsssr o E sais R!.ss f1 81 sis
frierds and acqnaintancssa are respectfully Invited
MED. In this city, on the 9Th instant, Mira NARY
Z. LEAHKY, in the thirty fBt year OF her ege,
Aep No saTe street.
At s Poi. Friends and acquainsances are tnyitea
70 attend. go (.
|. Died, at University Place, sewanee: Tenn; on
I 4g sYe &c
ture IN INT the i Universlty Of The South.
The ttains Of bis deah VIII his ea uerops ends
and admirers in Virginia, Born Of an nonosea s an.
cestry, whose virtues and pnoic servcsS ssie
he cher he'd with unwayer;ng loyalty their pure
teachings as the rule Of bis lie: anu tnssg
elements in his character were refneo ana eeva'ea
" sr nn,cR and vigorous intellect improved by
the most liberal ADVANTAGES Of education. was con-
stan,ly empioyedin the neld OF rank as an
nccomnliehed scholar. Though reared In aMuence,
bis devotion to his State mpeied nm 70 eecre n
he bore this ordeal with cheerful courage nuni pny
sic disability untitled him for the field anq ne Tas
Called TO serye In the Legislature ef virginia Ds
niyed by the war OF bis large patrimony ne sougne
he pursuits Of science for employment ana sup
port. 49,. AZ, late T,r
Mc;nYsy. fte University or Virginia, In his lei
ter Commencing him as Professor Of Morahssience
used the following Eff , ens.sa obrt
Dabnev.r His career as profess or was an honora.
bic and useful one, and commanded The commence
IA died in hisforty-,hird year, In the meridian OF
his bright intellect while the promise OF advancing
reputation and usefulness was apparently certain.
He will be widely and fondly remembered as tfae
Christian, patriot, and scholar. - .f'.12,'@
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-04-10

A prominent Republican informed me to.
day that on yesterday MIR. James Brooks came
ceiYer. Mr. London would be quite content
to end his exchequered existence in a good
fat place.
Ex.State Senator A, S. McRae, it is ex-
pected, will be deputy Of George A. Hundley,
should the Independents and Republicans
rally around Mr.. Hundley numerously
enough to elect him Sergeant Chester, in
Petersburg appeal.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-04-10
/. interest upon Money.

A bill 10 pending In the House OF Repre-
aentatives which makes six per cent. the ins
terest for money ALI over the United States,
and it makes o second violation of the law .
felony. Upon motion to take It up out OF
order day or 30 since It was tabled by SO to
So. This was Q strong indication OF the dis.
position OF Congress upon the subject. There
IL prevailing desire In the nation that inter-
est shall be made Uniform throughout the
Union. Upon the question whether charging
higher interest shalt be made punishable OF
not there ,is . greater difference OF opinion
ana while the pending bill with It's provi'
sious might not have the strength to gel
through, we have little doubt that 1t might
be passed with some modification.
We have advocated the making Of. money
free, SO that it should be bought and sold OF
used for whatever price it might command
Busa very important point is TO make the
rate OF interest upon money uniform
throughoGt the !" nation" We have cur
rency that Is good everywhere. Nobody
objects to IL; and It would be an additional
benefit to the public II the charge for the use
OF It were the same everywhere, so that there
should be no distur bance worked By law, 81
Is now the case with the varying rates, and
the varying consequences Of violating thos.
rates In the different States.
We are tired OF these differences. They
are perplexlng to commerce, and ought X
beabolished. While the States had rights
that were respected We were proud OF them
But now that the heart and soul of State
rights are plucked out we want no SUCH
petty sources Of irritation and Inconvenience
as the usury laws to exist. The survival OF
mere annoyances is like the water close high
upon the shore-the last remnant OF noble
ship that had Weathered the gales OF years.
We are 8 ration, and what the nation can do
in the way Of harmonizing things that are
general to all the States no statesman should
object to. Every case Of that kind should
be hailed with satisfaction by the people.