The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1876-03-16

Just at this time great excitement
arose IN the West over the currency,
which WAS largely made up of the issues
of wild cat banks and its value huctuated
very much in consequence. Young Tay-
lor thought he here saw his opportunity,
and began trading in this unstable COM
modify. Aided by great natural shrewd-
| ness and qulckness of perception, he op-
Grated for some time in these securities
Tor more properly if1securities), "bull-
ing" and clearing" them to suit his
convenience, until he had made quite
sum Of money. The bills of one insti-
tuition in particular, the Florence Bank
of Nebraska, WAS the favorite s'stock,
Just as Central" or "Western Union"
might be now, and from the amount of
them he bought, he acquired the sou
| 6ri9uet Of Florence Taylor, which
stuck to him for years afterward. In
| 1866 he came to New York, and imme
diately plunged into Wall Street, where
| for over twenty years he has been, in his
banking and other business, uniformly
successful so much so, in fact, that it
! has come to be generally understood
| that whatever he touches is pretty GER
tain TO turn into gold-or its equivalent,
| greenbacks.
| Still, it would not be safe, even with
| this example before us, to advise anyone
! to enter the same precarious path, hop
! ing to find equal fortune at its end.
| Wall street is one great quicksand filed
! with the financial skeletons of hundreds
and thousands who have sought foot
hold on its treacherous surface, only to
be swallowed up and lost. The expert
ences of these is soon forgotten, while
1 such successes as the one adduced,
standing out in bold relief, continually
/ stimulate new aspirants of equal ambi-
ton, but less brains, to enter a well-nigh
hopeless competition with the veterans
who have achieved them.
In Brooklyn, beside the Beecher affair,
which l think is becoming chronic, there
has been the strange and terrible calam-
| ity-doubtless already reported by tele-
graph-of the burning of an asylum for
the ageh, in which, although the build
ing was a substantially built brick struc-
ture, unusually well provided with
means of egress, many of the unfortun-
ate inmates suffered horrible death.
The details of the occurrence are too
heart-rending for repetition.
In the Beecher matter, above referred
to, the week has developed nothing new,
and still its routine business possesses
interest for many persons who have be-
come addicted to the scandal. Its recent
doings may be easily epitomized. Ply
mouth politely intimates that Mr.. Bow
en- is prevaricator and horse thief
who would delight to dance on his grand
J mothers grave to which Mr.. Bowen re-
spends that it IS no such thing, and Ply
mouths another. Which of these state
ments, if either, is-acourate, is one OF
the things which, up to date, 10 fellow
can find out.
One of the humber workers in the
revival field, an old canalboat captain,
Parkinson by name, whose chapel is his
own craft, has inst been fined for expel-
ling disturber from one of his meet
ings, and, on account of il ability to pay
the same, is now in Jail. The case is an
outrage on religion and humanity, and
excites much sympathy for the preacher.
RADIX.