The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1878-01-05
Our New York Letter.
Rsusiness-AM Ugly FaiIUre-EHO-
EEaicaA-EEae Vanderbilt Case
The Temperance Egaid-NHur-
phys Flight.

The Temperance Egaid-NHur
phys Flight.
New YoRK, Dec. %, 1877.
EDITOR CHIEF
/ Business is horribly dull, and will
continue so until the weather changes
Reports from all over the country
show a fearful condition of things
Mud is too deep for farmers to get tC
any town, and consequently there i:
no produce being marketed, and NJ
goods sold. The stocks are all on
hand, and there are no goods being
bought in New York. | saw one let
ter from an Illinois town, which said
that the few people who came to town
came on mud boats, and that the mud
was SO thin that navigation of ordi-
nary country roads in skiffs was not
uncommon. The corn is sprouting in
the cribs, and farmers are suffering
for the money they ought to have for
produce that they can not get to mar
llet. The outlook is anything but fa-
vorable.
The house of Netter & Co., brokers,
went under this week, for some thing
over $400, 900, assets next to nothing.
High living is the cause of it. The
brothers-there were two of them
kept splendid horses, rich cottages at
Long Branch and Newport, and in
dulged in all sorts of extravaganza,
which was very pleasant as long as it
lasted. But they could not keep it
up, especially as they met with some
rather heavy losses; and so one fine
morning they went up, and stepped
down and out.
The troubles in business have
swamped all political feeling, and
very little is said about it. The opin-
ion in the Republican party, as be-
tween Conkling and the President, is
about equally divided. Conkling has
his adherents among the Office hold
ers, and those who believe that the
offices should be used for strictly par
ty purposes but there is another
very large class that holds that the
offices should be disposed of without
reference to the demands of party,
and that President Hayes III his at
tempt to reform the civil service is
taking the right steps. Collector
Arthur is massing his forces for Wig
orous fight, and says that he can beat
the President in the Senate any day.
Altogether it is very pretty fight. l
believe that the President will win in |
the end.
The Vanderbilt case has got to be
the most amusing thing in the city.
Cornelius, now on the stand, gives
the spectators most enjoyable treat
every day. He goes into the inside
Of the Vanderbilt family with utter
and shows up their short
with jolly abandon. He has
shown beyond a preadventure, that if
William did not actually eonspire
against him, he did come as near to
t as he could. 1t is also shown that
le, himself, spent money very freely,
the old man to pay it. For
Instance, he owed Horace Greeley
,nce, as much as $4,000, and a great
many others large sums. But there
vas nothing singular in it. His faith
i was the richest man in America,
nd one of the richest in the world,
nd he naturally expected sufficient
ncome to live about as he pleased.
Ie was terribly disappointed, how
yer; for by some Influence, which it
] supposed this trial will bring out,
he old man cut him off with beg
arly sum, which William H. showed {
o disposition to increase. It is a t
asty piece of business, and does no |