The daily gazette., 1878-03-07
SECOND EDITION
OUR NEW YORK LETTER.


New YORK, March 6, 1S78.-Do you re-
member, when the Silver bill was notyst
an accomplished fact, how the gold peo-
pie prophesied ruin and disaster in the
event of its becoming law? What did
not your enterprising and too truthful
neighbors of Every Evening PREDICT
Gold was to go sky high. Government
bonds were to go so low that they would
be used for wall paper and trunk Innings.
As nation we should be SO disgraced
that Great Britain would ignore us, and
even Schleswig Holstein would decline
to continue an acquaintance. Several
ship loads of our bonds would at once
leave Europe for our ports though why
European capitalists snouiu be in a hurry
to send us our bonds at loss to them
selves has not been fully explained.
Now look at the facts and see how
things work, as zoe said, and not as the
gold people said. Gold is nearer green
backs, and the premium is doomed Bonds
are steady; a tritie lower, of course, in
sympathy with gold, as is always the
case. No widespread wreck or ruin oc-
ours Foreign capitalists retain their u
securities are not dumped from the Gu
nard steamers by the cart load, as was
prophesied; and you and 1 enjoy the calm
satisfaction that only those enjoy who
are in the right.
The North has experienced an open
winter In making a Western journey
last week, latitude of Buffalo, 1 saw very
little snow. What there was, was the
residue of the fall of the early part of
Enhrnaru A which oil fhra-tfr1, n h
west was two feet deep. This is about
evaporated, and soon your west and
northwest winds will cease to convey the
GOODNESS of the snow-air. The season
has not been propitious for what farmers
call the "going ;' hence retail trade has
suffered, products have not been freely
marketed, and local debts have not been
has been bad. The provision dealers
have had rough experience and num-
bers of them have failed. Among the
larger failures is that of Jewell, Harrison
& Co., one of the Oldest lard and pork
houses in the United States, who have
until recently enjoyed the highest credit.
Failures like this, and that of Greenleaf,
Norris & Co., who were making $4,000
a year and yet went behindhand, greatly
unsettle confidence, for they indicate that
the season of personal extravagance is
not yet over. Family living in this city
is attended with incredibl expense, as
illustrated in the fashionable quarters ,and
this gives tone to the expenditures of
the whole city. Hence the tariff on the
necessary expenditures of family life is
enhanced enormously, as exemplified in
the bills of doctors, dentists, teachers,
nlodtstes, ,and all classes whose charges are
not based on merchandise values. Iknow
an attorney in full practice, man of i'm.
mense industry and requirement, whose
family make away with $50, 900 yearly,
and do not seem to live extravagantly
either. He pays the bills, but is obliged
to toll early and late to do it. Meanwhile
his wife ornaments society and his chill
dren are obtaining the best educations
to be had for money. But the strain will
yet break down the bread-winner.
And so Mrs. Lynn, known as Kate
Claxton, is again married. Her new
husband, Charles Stevenson, is young
man, not over % or 26, quite handsome
and well educated, and of much promise
as an actor. The writer has been
well acquainted with him for two years,
and pleasanter young fellow it would
be difficult to find. I feel sure that a
very large number of people all over the
United States will say "Good luck attend
the newly married couple"
The city is just now enjoying brilliant
theatricals. Bulwer's "Money" is certain.
ly an admirable comedy and it is admira.
bly, performed at Wallack's though
really, excellent actor as Wallack is, he
is quite too old for young parts. The
spectator observes the dyed hair and the
too perceptible wrinkles that Especially
the hair dye disfigure middle age and
caricature youth. AT the Union Square,
ga Celebrated Case" continues to run,
and draws large bona .Jide houses. Then
the "Exiles" is being done at two thea
tres, with the prospect of law suit; and
Robson at the Park is making up his
losses on the "Two Men of Sandy Bar
in the Bachelors" The opera is also
doing well, the salaries being proportion.
ate to the times. 1t makes difference
whether soprano draws $500 to $500 a
week, or 81 900 gold per night.
The papers don't say anything more
about your petroleum well at the foot OF
the Market street hill. What is the mat
ter g? Was it ''salted" so as to sell stock
Or have you, bona .fde, struck oil?
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