New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1879-04-30
WHOLE NUMBER 20.

WHOLE NUMBER 20.
ners were too much for the parsons
fidelity to his employer. Mr.. McHen.
~ ought by this time to be Z better
Judge Of men. When persons come
down from their pulpits to dabble in
finance, FORGETTING allegiance to their
''holy calling then look out for
treachery. This reverend financier
should either quit the pulpit or the
Stock Exchange, the House of God.
or the House Of Merchandise. He
cannot serve both God and Nam.
mon. The Atlantic and Great
Western Company, which owns
over 600 miles of road, and repre-.
sents a capital Of 800, 600, 600, is in
very bad hands. Nothing is want.
ing but an honest administration to
bring the stock up to par in the
course of a very few years. Its
freight and passenger business Is
rapidly increasing, and during the
last year it has effected several very
profitable connections. But, Is in
the case of Erie the is a perpetual
quarrel among the sharks Of London
and New York, whowish to wreck
the road for the sake of the s.sal.
wage. The Committee of Share.
holders named at the McHenry
meeting on the 18th of last month,
do not seem to hold together, and
the Erie lease seems now to be the
inevitable solution, a contract which
Mr.. McHenry declares will prove .
loss of a million of dollars year to
the shareholders to begin with, and
before the expiration Of the lease, =
loss of perhaps, twenty millions q
year. The amount of business that
such a road will do hundred years
hence, when every village through
which it runs has become q large
city is almost incompatible. The
shareholders who have the sagacity
to see this are vigorously protesting
against the proposed robbery.
The distress and misery that has
been brought about in the West of
England by the Cornwall bank fail.
ures, and the fragrant mismanaRe.
,nent and wanton extravaganza that
examination of the official liquida.
tors has exposed, recalls to mind MI.
Charles Francis Adams "Chaptor
on Erie He arrows that he has q
distinct preference for Dick Turpin
and Jack Shepherd as compared
with modern 'sfinanciers,' who, un.
der the protection of law which is
weak to reach the rich devour wild.
ows' houses, and swindle helpless
oredulons. 1t would seem that the
holder and more hardened williams
who ''took the road when Cav
wrote his "Beggars' OPERA" have
transferred the scene of their opera.
ton from Hounslow Health and
Burnham Berches to snug board.par-
lors, where in snmptuous security,
they cause their victims to ''stand
and believer" without the risk of
defeat and capture that the old.fash.
toned highwayman incurred. There
are several discount companies in
London whose accounts if they were
carefully scanned at the present mo-
ment, would present a neat complica-
ton, that would cause the deposit
tors serious uneasiness. The art
of finance (some call it science) as
practiced at present in England, de.
mands careful revision, and, / may
add, publication.
An acquaintance who went to AL.
giers in seach of sunshine and re.
pose, writes me that he found the
former, but complains bitterly of the
bad accommodation of the hotels. The
weather the past month was delight.
full, and on the Goth Of March green
peas, new potatoes and strawberries
abounded in the markets. My own
experience of Algerian hotels is not
Of a roseote character. The cooking
Of the establishment at which I 80.
.journed did not remind me Of Big.
mons or the nice little dinners that
my good friend Zoppi, Of the Hotel
des Etats- Unis, can compose when
the spirit moves him. l hear that
large and elegant English hotel il
to be erected on the Boulevard de u
Ripublique. lfwell managed it will
achieve a great success, as grum.
bling among the English and Amer.
lean visitors is the rule both in res-
.pect to food and accommodation at the
present establishments. An Eng
fish friend of mine, who, when a
home at his castle on the Isle Of
Wight, prides himself on his sub.
stantial hospitality, protests that,
though his bill at his hotel is never
less than 500 francs week, he has
never had a decent dinner in two
months residence in Algiers. Il Is
to be hoped thai the new Grand Ho-
tel will remedy this unsatisfactory
state Of things. am reminded, in
this connection, of two English
gentlemen going to Blidhah (in AL.
geria) and arriving late at night
were shown into room at an inn,
the ceiling of which swarmed with
vermin. The beds were narrow.
Iar1 on1 ,,n:,,v,@.r ell