The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1878-02-08
NEW YORK LlsTrEEk
The SILVER question I1 New
Work OBSERVATION-DISCLOSURES
News EGema.
new YORK, Jan, %, 1878.

The silver question Ia New
Work ExplAIned-Var1
News Etema.
NEW YORK, Jan, %, 1878.
EdIroRs EsIPoRIA NEWS The
opinion of New York is not fairly
represented either by the press or
the banks. There is terrorism in
money matters that makes it the in
terest of dissenters to hold their
tongues. Our leading papers are
really owned by bears like Jay
Gould, and the bear knows how to
brighten q business man into silence.
The merchant who favOrs silver is
Immediately pointed at as shakey,
and branded at the banks. So the
merchant says very little and keeps
ont of public meetings. The banks
and the bears can kill him, and he is
not prepared to die.
AS to banks, the good ones here
are of two classes. One class is so
good that 1t is good for nothing.
Its rule is never to help anybody
who needs help. If merchant needs
extra discounts at 8 pinch in his af-
fairs, this kind of bank closes his
account. The Chemical bank, of
which the late MIR. j. T. Jones was
father, belonged to this class. With
money and legal privileges, q bank
Of this class grows rich by refusing
to do Aay of the duties tor which
its legal privileges are given to il by
the state and the nation. These ma
bobs throw all the hard work upon
another class of good banks; and in
times like these they colleague with
the bears to dis credit the useful
banks. Already Jay Gould's Trib-
une is crying out that some banks
are carrying broken down men.
This scares the good customers
away, and buttons their mouths in
such a time as this.
The anti-silver movement here is
an organized persecution against ev-
cry body who owns anything but
bonds, against all useful bankers
great bear conspiracy. Half the
banks here sympathize with the eff
fort to arrest the depression in pri-
oes, and they would speak out if
they dared to; but the bears have
them by the tEroat. Little Mr.. Coe,
who leads the bank movement, is q
very bumptious person, unpopular
with bankers, and they feel as most
Americans do in q procession with
Grape and things on their person
very foolish. You can hardly get q
banker to say q word about it; and
with most of them Coe is sore sub.
iect of ridicule. Most of them
would rather discount q doubtful
note than to be told that General
Coe is going to call another meet
ing.
The elevated railroads are being
put up very rapidly. We are to
have two complete lines of fifteen
miles each in length, making a
circle from the Battery to Harlem
river. The Gilbert road, being put
upon sixth avenue, is well on to
completion as far as 42d street. This
structure is really an ornament to
any street, and it is q great pity
there are to be more of the 9Th ave.
nue. style. Considerable changes
will follow from these enterprises.
It is now as far in time to Wall st.,
from Harlem, as from the Capitol
of New Jersey; and it is about
as easy to get out twenty miles in
our State as to go to Philadelphia.
If these elevated railroads damage 8
good deal of property, it will be
proper penalty for the pig headed
ness of these people. Intead of let
ting railroads down to the Battery
through the slums that line either
river, the property owners drove
Vanderbilt from Canal street, three
miles, up to AID street, and, in short,
fenced New York in, and made it
necessary for New Workers to live
out OF the State. The Central Park
overthrow the fences. It would not
have been built If its effect had been
fOFeseen /; but the fact Is that the
Park has compelled the occupation
of the upper part of the island, and
forced RELUCTANT consent to the build
Ing OF steam roads, to reach the city.
But donbt whether any body will
be much damaged. The street car
companies on the west side will suf-
fer there are four lines there, and
nanGAI he
east side lines-only two-will not
suffer. The Sd avenue dispatches
q car every 3-4ths of g minute Tin
busy parts of the day. and cannot
do its work at all decently. 1t will
lose one third of it's business, and
do the rest in good shape. Time is
not money to half its passengers,
and they will get up forty minutes
earlier to save five cenis, and act
sensibly in doing so. All women
who go shopping have plenty of
time. All the short rides will fall
to the street cars, and these are one
half. Only the long rides to crowd
ing business will be done in the
steam cars.
The principal theatrical event of
the season has been the John
Broughstn benefit, the 18th inst, at
the Academy of Music. The pro-
ceeds of two performances amount
ed to about $1,000.
Edwin Booth draws crowded
houses at the theater which bears
his name, in series of Shaksperian
tragedies.
Mr.. Dion Boucicault will com.
plete, this week, q most prosperous
engagement at the Grand Opera
House. The Shaughraun Grss was
the attraction.
w. re.
= Man with ThIrsy Chrldren.