davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
TIE COAL COMPANIES.

A few days ago Mr.. Dickson, President Of
the Delaware and Hudson Coal Company, in
refutipg the malicious and unfOunded
"rumors" regarding that company, stated to
the stockholders that il one dollar per ton
more could be obtained for coal, at a mode
rate output, the Profits would be enough TO
pay all first charges and leave something for
stockholders. At that time Mr.. Dickson sup
posed, or was willing to have the world sup
pose, that The new combination would prove
success.
On Thursday the coal barons met again, de-
nounced the Reading Company very sivagely
for making large contracts at rates (which
would make the proposed advance impossi-
"ble," and adjourned with a general under
Standing that the effort TO put up prices was
futile. On the same day, the same President
Dickson issued a circular announcing that the
prices for coal would be made from day TO
dav, and the coal of the Delaware AMI Hudson
was Offered that dag at prices materially lower
than the previous schedule rates OF that COM
Dqnv. OF course the other companies under
stood that this was q declaration OF war. Ii
is now in order for Mr.. Dickson to file IN
amended statement. making stockholders be-
lieve, if he can, that the company can earn
first charges with lOWT prices for coal II
ANYBODY doubts the official statement" he
is a "vrecker," and if any ill-condiuoned
stakeholder wants facts, or in the absence OF
any, entcrtains an uHfayorabe opinion, Gcd-
ney, the blue-nbbon grand juror for sick cor
porations, can DO called in to indict that per
son Immediately. True the Distnct-Attorncy
will doubtless find himself compelled in the
absence of any proof sustaining the indict-
ment to throw it out at once, as he did the
indictment against Mr.. 1impson. But Gedney
can indict, and the sick corporations can be
duly grateful.
The Stock Exchange, in the formal report of
its committee, puts the blame exactly where
it belongs. The public has become disgusted,
because men who manage important properties
refuse information to which everybody has "a
right The stock brokers, finding the public
so disgusted that it utterly refuses to buy,
necessarily become Disguised also, and pub
lish one of The TMBUNE's editorials, in
spirit and reasoning, il not in phraseOogy, M
an indignant rcmOnstrance. The great decline
in certain stocks means this that men who
falIfy statements or refuse information in
regard 10 the value of stocks offered for sale
do not deserve public confidence, and do not
get it, 1t means that this cOncealment of
truth has 80 often ended i'll barefaced swind-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

ling of stockholders and the public, that Its
appearance in the conduct of any company s
regarded by stockholders as good reason ior
selling out "a soon az possible. vi all Vno
doubted companies, not one has Deen ihore
untrustworthy in its statements, or more llso-
lent i'm its denias of information, than the De'a-
ware and Hudson, and accordingly, on the very
day that Mr. Dickson made his no-report 10
Stockholders, the sales of bona fide stock
crushed down the market price in manner
very distressing to spectators in the directory.
The problem of the coal companies is very
simple one Scarcely one of these companies can
escape bankruptcy with coal at the present
price. Every one has so loaded itself with
debts. leases, and obligations of various kinds,
that it could hardly sustain itself even with
coal at the monopoly prices of the early part
of last year. TO suppose that these companies,
bearing loads which even then compelled them
to increase their debts in order to pay first
charges or dividends to stockholders can now
sustain those loads with coal offered by the
Delaware and Hudson at S3 per ton. and sold
in great quantities by the Reading at still
lower rates. is absurd. The companies have
sowed rccklcssness and insolence; they are
reaping the natural fruit-dlSastcr
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

Thc war virtually began on Monday. April
o. when the advance guard of the Russian
army crossed the Pruth. The movements of
the three divisions Of the army in Asia were
prepared with equal care beforehand, and they
probably commenced on the same day. To-
morrow, therefore, will close the third week
of the war, without any decisive or even i'm
portlnt action being reported. This is AN ample
space of time for all the usual preliminary opera
tons, including those features of military or
ganizatiOn which can only be applied to troops
actually on the march. To Russia as the in
vading power, We must look for the first en-
gagcment which shall test the strength and
courage of both sides. But the sum of all in
formation, thus far il that the belgerents
stand face TO flce.
In Armenia, the reported Russian victory
before KaTs seems to shrink into an engage
mcnt of minor importance There is no reA-
son TO doubt the advance to that point, the
capture of Bayazid aud the march of the three
corps on lines pointing toward the camp of
Mukhtar Pasha, with Erzerum as the oljec-
tive point; but the battles which shall decide
the fate of Armenia are not yet fought. The
advantage, nevertheless, Is evidently with the
Russians, and we shall soon know whether the
desperate efforts which Turkey is making tC
strengthen her forces will be of any avail II
is most probable that heavy rains among
the mountains haYe retarded the operations on
both sides. The physical difficulties of the
region are fully as great as in the toughest
mountain country of East Tennessee.
In Europe, the Russian army has nearly com
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
BUSINESS F1ILTRES.

An article i'm another column presents excel
lent reasons for the belief that the rapid IN
crease of failures reported by the commercial
agencies does not indicate a corresponding IN
crease i'm the whole number of failures actu-
ally occurring. For the only agency which
has prepared statistics of failures has been
rapidly extending its facilities Increasing the
number of its offices, and spurnng Its agents
10 greater care in the reporting OF 1acts'
IN 1870, the number OF firms on the
books of this agency was only 4l7,3S2, but
in July, 1876, it was 633. 49, and there Is no
reason to suppose that there has been cor
responding increase i'll the number OF inns
ENGAGED in business. As a consequence, II
there had been no increase in the number of
failures actually occurring, there would have
been in the number reported an increase cor
responding to the greater efficiency OF the
agency.
This explanation, which Is exceedingly en-
couraging to chose who have regarded only
the number of failures reported in different
wears. is not new. Il was given at length,
and fortified by cts, IN an editorial IN HE
TRIBUNE of Jan. 20, and the only true test OF
commercial health TO be derived from these
statistics, namely, the proportion of failures
reported to the whole number of firms
doing business embraced in the reports OF
tie same agency, was presented. But 1t
is pIUncr To remember tlIat, even by
this test the last year is found to
have been ona of extraordinary disaster In
1870, the proportion Of firms failing to firms
rpDorted as in business was SD TO l,OOO; IN
1871 it was only Go; in 1872 1t rose to 10,
not vet reaching the average Of 1870. But
the proportion mounted to 9.3 in 1000 IN
1873; and 1917 in 1874, and 1870 ia 1873,
and 1913 IN 1876, having thus more than
doubled in five years. Ii follows that while
the greater efficiency OF the agency explains
part, it does not explain by any means the
whole Of the increase in number II CONNER
cal disasters. And yet percentage might be
greatly modified by Che admitted fact of the
increased vigilance of the agencies They
kpc,r more in 1876 than in 1870.
II i, also worthy of note that IN some iocali-
ties there has been no increase in proportion
of failures In Maine the ratio Of failures t6
firms III business was 1873 in 1000 in 1870.
and ONLY 1873 in 1876. In New-llampShlrc,
Missouri, and Florida there has been no in
crease; in Delaware and Georgia only a slight
increase. and in Kansas a remarkable decrease
in proportion OF lailuTcs-lrOm 1873 III 1000 in
1870 20 IA in 1876. On the other hand, the
States in which the increase has been especially
large are shown in the following comparison
Of the ratio of failures TO firms in business in
1870 and 1871, and IN 1875 and 1876:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
THE pERuAyENr EXHiBITIOM

The Exhibition received as splendid wei
come on Thursday as the country could give
TO a doubtful experiment. Flags waved, can
non roared, the President opened IT, the eX-
President, Cabinet, dignitares OF all SORTS and
a hundred thousand people crowded to see the
opening. There was, as we foretOd, much
enthusiasm and more disappointment Inc
English papers deprecated the holding of the
Paris Exposition next year so soon after Ours
saving, "Aitcr adelphia-notmng.' The
Philadelphians risked great deal III bringing
this undertaking into a sharp contrast which
must necessarily be disadvantageOus. People
went about the grounds shaking their heads
as the old Jews did at the building which was
but a meagcr sham of the ancient temple.
The japanese bazaar il an empty shell; the
Swedish sclOol-hOuse is going to be sea
side boarding-house miraculous Idols ana
priceless cloisOnn6 had vanished from the en-
ncse cases. which offered instead stuffed ducks
and pigeons, and the barbaiic Brazilian pau!-
ion in which the soul of Dom Pedro eXu.tcd
is occupied by well-known tailor. These
things will be resented as a sentimental gIiey-
ance 10y the multitudeS of Americans to whom
the great Exposition was the solo glimpse OF
foreign countries dhu III MH'7' H''"'''J ~
remains like a splendid vanished dream which
tbry do not wish to see chcapiy initiated
Looking at the after practically, however
we see many of the elements OF success IN
the present Exhibition. The display from for
cign countries is better than could be cx-
pccted, especially insthc Agricultural Depart
mont. Turkey has made finer exhibit than
she did last year. As soon as the matter has
proved itself to be really permanent other
countries will doubtless join moro heartily
success as usual commanding success. The
exhibit Of American manufactures IL iH'r; OF
aIt-the less said the better. There can he no
doubt that to merchants coming to Phllad Ipma
to buy goods the Exhibition viii offer an index
and directory Of great value Blu rs we said last
week. il is not as an advertising medium that
this undertaking ia needed by the country or
will succeed. The cd;ic .tional department
shows genuine appreciation OF higher aim
and an intention Sc fulfill it. We have strong
hcpes that It will perform for tlr cause OF
education the w0rl; which Ca National Bureau
of Education never has fulfilled for want Of
sufficient means
I'm short, our ncigh5Ors have begun diff
cult work against great odds, far with sue
cess and If they show az intelligent and clear
\ comprehension Of what the country and The
interests Of art manufacture AID srience really
require as they have given evidence Of per-
sistcncc and pluck, their success and their
Exhibition will both be permanent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

Mr.. Edward 4. Lambert, cx-MayOr Of Brook.
lyn, steals $4,000, which he held in trust Tor
Mrs Crook, widow, aud her children; and
he also steals "a small sum from the Brooklyn
Prasbytery, OF which he was Treasurer Mr..
Cadwaadrr A. Brdel of lie same City of
Churches steals $1,000 in bonds, the property
of hI4 brother widow and six chijdlel, and,
being corncrcd and compelled in some sort to
make restitution, he turns over house and
lot said 10 be worth little, church pew, and
a lot III Greenwood Cemetery, none ot them
certainly being very lively assets The widow
certainly aarEot live 10y attending church. and
though the lot ia the cemetery offers kind
of resource at a pinch, il Is rather il dolciul
one. 1t is the old story. The blow falls upon the
helpless, the harmless, and the nrrdest. When
a mismauagcd or deigaudnd railway corpora
ton comes to grief, all its stock and surplus
and assets melting away ike Spring snow,
it is not the bulls and bears OF Wall-st.
who feel the loss most sharply, but lone women
with but little laid by, and children who
hardly know a bull from bear even in their
pcturc-bools Everybody hears mention OF
these hard cases IN private conversation,
though they are not likely TO get into the
ncwspapcrs. Fiching or f0olng away the
money Of corporations means pinching poverty
in homes where there has heretofore been
sufficient, and the end Of that comfort which
the sense OF Il su!iicicncy gives Ii isn't much
for sharp hnancicr to be left temporarily
without resources. Even Mr.. Cadwaliader \.
Bedell, when he ran of to Ulster County, y.
Y. had enough lett to stOcl, little dry goods
store, which is more than Mrs Jacob Bclcll,
II .ty ,.1.tl
do, unless she can sell the lot ia Greenwood
Cemetery and the pew in the church.
Ii does not make these matters IN the least
more toerable to read that both these gentle
men were active church members. Not that it
is any dscredit to their respective churches,
both of these being ready to deal properly
with the offenders to the full extent of eccle-
siastica jurisdiction. But men who heard every
Sunday Oh so, various passages Of Scripture
which cover their cases, and frequent illusions
to the unfaithful steward, might have been,
we think, little more faithful themselves.
They cannot say that they knew no better
that they were not properly warned and
instructed. There are certain special texts
relating to widows and orphans, and the
impolicy, to say the least, OF cheating them,
which ought 10 have set Messrs. Bcdcll and
Lambert to shaking in their Sunday boots.
Finally, there is a lesson in these painful
transactions which all widows with little
money aud with six children should try to
learn. Mrs. Bedell should not have left her
small inheritance of $1,000 in bonds in the
hands of her brother-in-la without good Sc
curity. Mrs. Rufus Crook, with her children,
should not have trusted Mr.. Lambert with
$50, 900 without suretyship. 1t may be said
that women do not understand business, but
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
1870 and 1871, and in 1875 and 1876:

The number of States in which failures have
greatly increased il quite large, and it will be
observed chat many of the Western and South
em States are in the list. Doubtless these
proportions are somewhat affected by Che
greater or less efficiency of reporters for the
agency in different years. But they probably
present a closer approximation than can other
wise be obtained to a just estimate of the
comparative effect Of the commercial crisis in
different States. The failures in Ncw-Yorl,
City and Brooklyn have been in large proper
ton at all tunes to the number of firms, but
have rot increased as rapidly Is in many other
localities. The ratios for each year have been
PIT in 1000 in 1870, and 1873 in 1871; in
1875 it rose to 30 in 1000, and declined to
25.5 in 1876.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

One Of the American institutions which excited De
Tocquevilies special admiration was the township
organization and the Ncw-Engand town meetings.
The native of New-Eu gland. he says is attached 10
his township because he takes part in every oc-
currcnco IN the place; he practices The aIt OF gov
eminent IA the small sphere within his reach; he
accustoms himself TO those form, vithou! which
liberty can only advance by revolutions he imbbcs
their spirit; ne acquires taste for orieri compre-
hends the balance of powers, clear practi
cal notions on the nature of his duties and the extent
of his rights" From the report of % town meeting
in New-IIayen Conn., on Thursday last We judge that
the institution has somewhat outgrOwu De Iocque-
yillcs description. The JoEHai and Courier says OF
if: Probably no more dIsordoriy and disNacolul
meeting was ever held in this city" The object Of
the meeting was 10 vote upon proposition 10 in
crease the salary of the Town Agent, and il was
freelycharged that the friends of that official packed
the meeting in his favor. Tho trouble began with
the choice of q moderator upon which there was u
dispute and a division Of tl,o house and from that
point the confusion aud noise increased tl the vote
was taken and the measure declared carried. Ono
Of the reasons given by advocate OF the increase
was strikingy like that given by Alderman purroy
for paying large salaries 20 munich pal ofccrs-to
wit, that the town officers were frequently called
upon foI contributions for political purposes. Ii is
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
TRIPLE SHE E I =.
TIE NEWS TINS HORNING.

FoREIGN.-The Russians fired Oh a Turkish iron
clad At BraIla and sunk her - The Russian bat
teries at Oltnitza eet Turtukai ON fire. --
Chefket Pasha is to 90 10 Kars, -= The anti
Russian revolt in the Caucasus is deemed serious.
- The debate on Mr.. Gladstone's resolutions was
again adjourned
DoMEsuC-A library Of 5000 volumes has been
presented to Mr. Goshorn by citizens of Pluladei-
phia. = II. II. Crttenden is appointed Marshal
of Kentucky. - The bill TO prevent selling
liquor to children passed the Assembly. =- Sew
oral persons were killed by the falling of the walls
of the Rockford IN Courthouse.
CITY AND misunderstanding Sherman con-
ferred with syndicate bankers aud the Chamber OF
Commerce Revenue Reform Committee. The Syn
dictate takes So 900, 900 more IL per cont bonds.
- William II. Vanderbilt will sail for Europe to-
day, leaving his eldest son in charge of his railroad
interests - More testimony was given about
weighers and the outside occupations of Custom
house employees. = Trunk line managers are dis
oussing the pooling Of earnings. -= The Bench
Show was closed with satisfactory results. --
Abram II. Daley was successful IN the Brooklyn
Surrorateehip contest. -= Prof. j. G. Barton of
the College of the City of Now-lOrk committed
suicide 80 Anxiety about the steamship City Of
Brussels was greatly increased. --- Gold. l07'
1O7ss 1O7ls. Gold value Of the egai-tendcr dollar
at the close $3.50 cents Stocks opened excited and
bouyant but closed lower and weak.
THE Manufacturers local observations indi-
cate partial cloudiness gradually increasing. Their
mometor yesterday. 800. $50, 90
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

Ehhu Durritt makes an eloquent appeal in
another column for the return TO Great Britain
of the balance of the GcReYa Award which
remains after Just individual claims Rave been
satisfied Anything short OF this he il prepared
to denourcc as aH eternal blot on the pure
fame of the Geneva Arbitration.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
Brsinees NOnceS.

IMPERIAL CARDS, Six Dollars per Dozen, by
lockwood II Union square (above 1laSny).
Ladies', Misses Gents, and Boys Doors,
suoys sDd d ATfFrs all STYLES snd prices PatrJnze
MnIKK q Co, S4g Broadway, Domestic bHho'hs'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

II is an impressive spectacle tho Whisky
.fing make on their knees. They never looked
40 well before.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
amnssmrnIs anO Alestlnae 90 Might.

ACADEMY or Music" Marie Stuart" $3.50 .-,,
TlTrH AvBNCt THEAttR.-2 and 3; "Twenh Night
PARK THEATER-2 and 8: The Gtded Age
UNION SQUARE ER.--1;3O and 5: "Smike' -
VAIIACK's THEATER.-1;3O and 3; MY Awful DAD
ACADEMY or DEsIGN.-Day and Evening Annual Exbi-
bitOn. =, ,.-,--, ~.
HEIIKR's WONDER THEATER.-2 and s; Magical sho Mu-
sical Performance.
REw-YoRK AoUAkIUM.-Dav and Evening.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

Mr. Purroy, acting as the Board of Alder
men, will to-day ask Gov. Robinson to veto
the Omnibus bill. We warn the Governor that
Mr. Purroy's blood is up. He'll veto the bill
himself if necessary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

As is shown by aetter given elsewhere from one
OF the coroners jury the Post-Ohce accident the
Jury did not hold the present Supervising Architect
responsible with Mr.. Mullett for the disaster. The
TRBUNE's comments on this point having been mis-
construed. this statement is due to Mr.. Hill.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12
BRANCH OFFICES OF THE TRIBUNE.

BRANCH OFFICES OF THE TRIBUNE
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Advertisements and subscriptions are received at
publishers rates and single copies Of Thy TRIBUNE
NAV alwaYs be obtained at All the above Oincos
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

The effort making TO relieve the Manhattan Ego
and Ear lnhrmary from debt ought not TO be per-
mitted to fail. Its history, briefly outlined else
where, shows that in the past its work has been of
the most practical and benevolent character IL nils
a special place among the charities of the city on
which no other institution intrudes. Ii has the
strongest indorsemen: of the State Charities Aid As
ISOLATION and the State Board of Charities, which
consider it a most useful auxiliary; and It's directors
ale among our leading citizens.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

Judge Kelley hit the bullseye when he said of the
Presidents course that the people like H. but the
politicians don't"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

The striking paper on civil service reform by the
Row. Dir. preut 8. published not long since il THg
1RBUSr, has been loudly called for IN permanent
form. The Doctor has accOrdin ely given IL a care
fu REVISION enlarging it in various directions, forth
fyug his positions. by extracts from Webster and
Calhoun, discussing the nature Of the reform and
the conditions of its success and permanence, and
has thus made of it a handsome small octave vol
ume of 11S pages, which Randolph has issued in
exquisite Typography on heavy paper, with uncut
edges
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

perhaps unnecessary to say that the majority votps
for the increase was composed almost wholly Of non
taxpayers. They are apt to be liberal not only with
their votes and their eloquence, but with other peo
pies money well. This a town meeting, very
obviously, from which the citizen could not g. 40
qure taste for order collect practical notion,
on the nature Of his duties and the extent Of hi.
rights.'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-05-12

In spite Of the telegram TO The London Times which
was forwarded yesterday morning, the last mals
descendant Of Schiller is not dead The death an
nounced is evidently that Of Baron Albert Won
Schiller, the only surviving child of tho poets
second son, Karl He had been in failing health for
some years past and his death is not unexpected:
he was married, but leaves no children. SchlleTs
youngest daughter, Emile, married the Baron Won
Gleichen-RIsswurm. the son Of one Of her fathers
most intimate friends. Her son, the poets grandson
is still living, and is the father Of boy about ten
years old, who is named Schiller Won Geichen-
Russwum. The illustrious line is therefore not
likely to become soon extinct. The only remaining
grandson has distinguished himself as a Landscape.
artist, and has a studio in Weimar. His pictures
have quite marked resemblance, in subject and
manner of treatment, to those of Jeryis McEntee
He has only slight resemblance TO the poet in ap-
pearance, but nherits much Of his earnest refined,
and sympathetic nature.