Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1876-02-29
Letter from New York.

| 1Correspoudence ui the Alexandria Gazette
| New YORK, Feb 28-rte past week has
been taken up in ms: parts of the Country ID
preparing for, and celebrating Washlngtoo's
birthday. Various balls aud other gayetIes
have taken place here and elsewhere. The
Colonial ball 10 Richmond, Was, We learn,
grand SUCCESS. The Martha Washington lea
Party here was well attended, and some twenty
thousa dollars realized for ST. John s Guild.
This comes very apportuuely, as it was much
needed. The demands of our poor are great,
aud the revenues Of ali our charitable usttu-
tons much reduced.
No place in the country, however, did more
to honor the name Of George Washington than
your old and honorable city, and We notice,
here, compliments from the press and people
generally, speaking 10 the highest terms OF the
kindness shown strangers both civil and mill.
tary, By your city government, and prominent
gentlemen, who kindly opened their doors and
entertained the visitors from the city of Wash
ipgtou and other places.
Business with US is still very dull, and our
market for securities very unsettled. The dis
turbipg element is the same Jay Gould & Co.,
and until the country is rid of such men We
cannot hope to see much better times. Their
motto is rule or ruin" and they delight in
breaking down the credit of private parties as
well AS of large corporations, but time cures
many evils, and we trust the time is not far
distant when We shall see 'honor" at less dis.
couut than it is al the present time.
The market value of our leading staples is
nominal Sugar is still lower. Cotton has
been and is declining, uotll its value is about
what it was before the war, but the supply is
large, and demand light, hence We must e1-
pect, 10 view of large crop, to see it reach
lower price.
Coffee is 10 most abundant supply. Not only
is our own port full, but all the leading ports
of the country have enormously large amounts.
The stock is just ten times greater than it was
last year; besides this, the consumption Is
greatly diminished and the spring is coming
90, when the poor will not use it at all The
price of this staple is double what it was before
the war; and is ridicuously high. Still, in
view OF all these facts, the Coffee Ring mark
ed up the price one cent per pound 10 two days,
caused they said by favorable reports by telegram
FROM foreign countries. This is simply des
perate game to trighten the country dealers
who they think, are not posted on their game,
iluo buying, bur We have some Interest in let
ting the pubic know about this Coffee Riog,
who are organized simply for the purpose OF
coruering coffee, aud they would make US, one
aud ALL pay one dollar pound for it, If they
could. They are 10 league With some of our
oldest banks, aud have every facility, but We
have an abidog faith that just Providence
will not let these men, whose object is TO grind
the poor, and. who would if they could, forbid
them the very necsssarles OF life, be successful,
but that rather the great monument OF SIX huo-
dred thousand bags of cOf,e will roll over 90
and crush these extorlionerS aud grinders OF
the poor man and general public; and ii mer
chants will only be patient for short time
they will see coffee, like other great staples, at
least tour or five cents lower.
Our cs crop is almost failure We hope,
however. enough has been taken to keep the
price ritbu the reach Of those who are sick, Tor
TO them ice Is necessary.
Babcock has the Scotch verdict not proven.
Surely although the jury acquitted him, We
uust, in justice say, his case looks still Flshy.
ORNoND.
Death did not separate them. Noah Pease