The daily gazette., 1879-03-01
Our Philadelphia Letter.

men are looking forward to an active
springtr trade. With resumption practically
success, our orderly Congressman al
Washington In near prospect of return.
ing home; our municipal elections over
aud some Of Hoyts principal appoints
ments made, trade has lost much of the
feverishness which has characterized il
for some time past, and business men
are greatly encouraged. There is nc
necessity for me to repeat the statement
that shines are hard" Every body know.
it because it affects everybody.
One of the most infallible gauges OF
the condition Of city is the condition OF
its real estate, which, when business be-
comes depressed, is always one of the
first things to suffer. Certainly property
has never reached such low stage as
that which it has come to just now.
The more man owns the poorer he Is.
What with taxes, interest on incum-
brances, the difficult matter IL is to get
good tenants, &c , 1t is as much as man
can do to hold what he has together, and
at the same time keep out of the poor
house. To be sure 1t is the golden
opportunity for some men. A man who
has money that he does not need aud
who Is possessed of good judgment, cam
not make a better invest ment than by
putting 1t into real estate. 1t is sure to
go up before long, and then he will find
himself wealthy man.
Railroad circles have been much ex-
ercised this week by a new move made
by the Pennsylvania Company. 1t is
well understood that could the Baltimore
4 Ohio road obtain through route to
New YORK from the West, President
Garrett would almost stand on his head.
The chain has been complete for few
months past, until the PENNSYLVANIA road
by an order on Monday last, eflectually
dampened the ardor of the B. tE O. men.
What is called the Function" road be-
tween the Pennsylvania depot at 32d
and Market to Gray's Ferry, is owned
by the Pennsylvania, Reading and Phila-
delphia, Wilmington IL Baltimore roads.
lie former, however, claims that one
mile of the road, from the mouth Of the
tunnel to 35th street is their exclusive
property, aud also say that a recent deci.
sion in Court establishes their claims.
On Monday last Pugh, General Agent of
the Pennsylvania, notified President
Gowen Of the Reading, that hereafter
none of the latter company's engines
would be permitted to run upon that part
of the road claimed by the Pennsy ylvania.
This will effect ually check the Baltimore
& Ohio, tor the present at least, from
making connection for New ork, which
they could easily have done by sending
their freight from Baltimore over the p.
W. & B. x. r., to Gray's Ferry, thence
BY the Reading engines to point touch
ing the Bound Brook Line, and by the
latter road to New York. The new
move stops all competition with the
Pennsylvania road, aud thus keeps the
rates she same. But ever since Stephen
son first encountered such tremendous
opposition to his railroad, it seems to
have been a part of the principle OF rail-
road to raise row. When railroad
meets railroad look out for war. Garrett
vi LILO Ddits ~ Nuto NOmS tIdJ 1lt Will
slight it out on this line if it taxes all
next summer"
AT the meeting of the stockholders of
the Lehigh Coal and Navigation Co., at
the Mercantile Library Oh Tuesday the
following figures were given: Receipts
1868, ,252.56. Expidentures, II 1925, lib. is.
In 1877 the total coal tonnage OF tue rail
road and canal was 3,116, l60 tons. In
1878, 2,503,73l tous. Decrease 6l2, ,43S
tons. The floating debt statement shows
an increase OF about 100000.
must have my say about political
That pot is still bo ling. Hart
Ianft, after cogltating seriously upon the
matter, has concluded to accept the Post
mastership. He has carefully surveyed
the field and very wisely has concluded
that "a bird in the hand is worth two III
the BUSH" Amos NJ. Slack has been ap-
pointed Sealer of Weights and Measures.
Hoyt must drop a Ii tie oil in occasionally
to lubricate the "masheen" and keep the
parts from getting rusty. The Governor
h $ appointed Henry W. Palmer OF
Wilkesbarre, HoYt's own home, to be
Attorney General. There does not seem
to be any doubt as to his fitness for the
place.
Judge Stanton, of the Luzerne and
Lackawana district, the candidate of the
labor-men, has resigned to escape i'm
parchment, thus practically admitting the
truth of the charges against him of in
competency to fill the responsible posi-
ton 10 which he was elected. The Re-
publican pot can thus be seen to be boil
ing along nicely and steadily, while the
labor saucepan has met with a mishap.
The municipal Democratic pot has boiled
over. There has always been much dis
satisfaction. with the way in which the
Democratic City Committee was bossed
around by Deputy Sheriff MCGOWAN u
Co. This dissatisfaction which it must
be understood existed only among the
Democrats, the Republicans being well
pleased with the arrangeInents) took
decided turn the other day by few Sc
ceders holding meeting for the purpose
of forming new committee, to which
action they were spurred on by the vet
eran ex-Mayor. 1t is said that quite
number of prominent gentlemen were
present at the meeting, which was Sc
cret one by the way, and it is probable
that something important will come out
of it. However, we shall see, what we
shall see and that's one consolation.
"Pinafole" still RACES, at the South
Broad, North Broad, at the Museum and