Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1877-08-16

VOL. XXE--N0. q
.'ai@ Communication. a
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Our New York Letter.

ANOyel Strike--Matter vs.. Mind
Assault on Jay Gould--RailrOad
Rioters in Jail--Yanderbilt's Lib
erality. ,.4...
TO The Editor Of the O6serrer:,
New York, Aug. 3, 1877.
The "striking" tendency which
the events Of last week caused to
pervade our atmosphere, cropped
out ON Wall street last Thursday,
on small but highly interesting
scale. Instead of being a case of
labor versus capital, however, this
was clear instance of matter a
gainst mind. Mr.. Jay Gould is a
gentleman who, | fear, is rather
less favorably than generally
known throughout the country,
Mr.. Gould is said to be rich, and
is known to be smart-in fact, |
believe public opinion is inclined
10 set him down as much too
smart. However that may be, it
is not to be disputed that large
number Of gentlemen, considering
themselves some pumpkins in
speculative matters, have at vari
ous times boldly picked up Mr..
Jay Gould, metaphorically speak
ing, with a view to making some
use Of him or other, but these
have uniformly been observed 10
drop him with unexplained pre-
cipitation, and have been further
observed to dance around, indulg.
ing in profanity and blowing their
fingers as though something had
burned them. One Of the many
whose misrortunes are set forth in
The above figure Of speech, is Ma
jjor A. Selover, a large, loud
| mouthed specimen OF humanity.
with red face and hair 10 match,
who has for several years been
familiar to Wall street as a specu-
lator of small means. This gen
tleman came, down the highway
sacred TO bulls and bears, on the
day named, and in tie course OF
bis walk came upon the thin,
sharp, Jewish looking, little man,
lrpm whose "ways That are dark
and tricks that are vain," the Ma
ior insists that he is a heavy suf-
ferer. The latter stopped his adj
versary, and after some opprcbri
GUS epiihets, struck him several
times on the head. nearly knock
ing bin down. Not satisfied with
this, the man who mentally had
proved a pigmy in the giant grasp
OF Gould, picked up the willy Fl
nancier and lifted him over the
iron railing which at that point
separates the sidewalk from a Gel.
lar way about eight feet deep.
Holding Kim suspended for mo.
ment or two, the Mojor bestowed
two or three more raps upon the
cranium which probably contains
more stock "points' than any 9th.
er ON the continent, and then let.
ting"UnionP Pacific" "a tlantic and
Pacifc," and "Westerh Union"
ium6I6 ignominiously into the
coal hole, walked burfiedly away.
Mr.. Could was helped in through
window into the subterranean
barber shop outside which he Tell,
and as soon as possible was taken
away by his friends o~f &
The king pin Of the Stock Ex-
charge was not seriously hurt by
this summary treatment, but bis
dignity was much upset, and ih-
tense excitement caused through.
cut the street. Although most of
the operators are not friendly to
Could, tue assault is generally
condemned az an outrage. Quite
/ number of opinions have been
expressed, however, to the effect
that he richly dcserved'the tliresh
ing, and that the only wonder is
that he has so lcug escaped per-
sonal cbastisement at The hands
Of his victims. =
1t is not supposed that the men
who directly caused the disasters
Of a week ago will be held 10 a
very strict account for their acts
during those tronblous times.
They are too numerous, and, many
Of Iihem, too intelligent. Z The rail-
roads could not afford to ostracize
so hrge amount Of skilled labor
as is represented in the leading
strikers, and hence most of them
have alrC ady been faken back in.
10 the service Of the men they
sought TO conquer a few ex.
amples will have to be made, how
ever, or premium will be felt to
have been put on these Irregular
methods Of seeking redress for The
grievances Of labor. Two ripg-
leaders are already in custody IN
this vicinity, aad some ether ar
resls are contemplated DQpphne,
the alleged leader oI the Erie mob