, 1881-02-26
Efforts Of a Republican Minister to
Check the Effect Of Demo-
cratic Folly.
4 Genuine Scare Among tho Two
Weeks FlnancierS Who
Passed tho Bill.
The Opening Of Business To-Day in New
York Awaited with the Utmost
Apprehension.


THE Wo1tsF SINCE hIAclk FRIDAY.
opts.a1 DupeltA to 1''s e"teaao 1f'eane:
NE" 1ol'"' Teo. -""-1"e otock 11Se1"ns'
"as t1lo sccl'e ot 'h1ense e*clle'Heht lo-sthy'
~" 1''e si"T"l'lo!' uaefcoh was of u sc'1le
=. H'sn!eua' M,!e" 'l1s l"lels ~ e'cl
Ivy. eaua.e". octoo'' '1''S sae nlalhet nee's
s"oJe1se" ~ p" o"a!'s ao ae'e'e. "'.1 ""' "os
.t1o 'a.o ab"''" 1Aosehche ~ piieea
u.ea W.. !ou"uco on ''o'o soi'o o's'9
tnhH lnAs ol lhany prc41ous onts'
Tue consequence W0nltl Ill all probability
nave bec'l ln'ic1 more disastrous. III tic
carry hoafs 1hefo were ni'S'ous' frlghlclictt
taccs by tie score at the Stuck EycliaE,ge, 'l'l
e'efyoeuS was uneasy. III lno oi1lccs tlo
tapc Feeofdlt1g the Quotations was p1ekea ap
ny tfc'hblihG HANDS, a,'tt eacl' llcls ot TIC III.
a!sator seeinet! i'se Knc''' Mo'leyaa'ahced
III per cent THUS, Willie ...-.
THE nuMisIISus or THE EARTHQUAKE
were heard OIL al[ s'des' the n'nrket opened.
anu It's weak ahd iovefls1 colltlittoel reattGeh
tllo worst fofooodsnEs. Ill tl'e afternoon
las not been equalcd since lsT'
Though there are no disasters to record. tho
speculative public being tllo principal losers,
tho continued deposits OF casl'
III tho Sub-TrcasuFy by tho Natlonnl-
banks/ against Intended With
drawal Of circulation III anticipation
of Tho passage Of the obnoxious Scc. $ Hf tho
,seW fisndsllE bill, caused such Il strtuEeNcy
iii money during tho carly m0rnlnE hours
that us hiEll nS ~ per cent per day til u
per cent per anlum WIS btu for loas's.
Under the consequent pressure to sell, stock
prices tumbted from to II 1,er cent, and for.
cign exchange beca1nc de,noralfzcu, bringing
THE EXPORT 1,ustyEss 70 4 COMPLETE
sr-ASpsrILI~
Leading drawers OF exchange, in reaching
for market, reduced their rates tNreu times
without elect. brokers found tllat they
had to sell their stocks III order
to obtain money, and snno, OF tho
strongest houses Oil tho street refused to tUy
Il si1,vtn silnro m margin. Investment order;
unrc onlv occn,,tnL NM vpo.ufntgm,
,vos Mt n etan,,s,tI1 Snvnr s,nco n,oclr
Frif,ov xns t,,crc ,,oro ln,.nso ,yritc,uent
Ev,rv unn"tas of s,oci- wos shaEn,, hv thn
-omnrsolnsa ;,,aet am, +hn rtr,n,n.t hnrsns
h.0,n tn fmi tu fury viii. thn
emn,i orof+ ,vnro ,lrr.r hotora n r.
.o. thonoht At t,r.t tbnt th,, nc,,on
~ conrnt"rv ci,nr,,nv ,v,,nId oi,.c,r ti,n
ton,1nncv r. ,,o,,fc II di,I Inv, n tru,,atont
ntinct h,t lin ,1nurcr woa hv M,
mo,us ovcrtoI 1'hn Iu,t,c.t,ope of n
,,,,I,. hacn,no ,nore mt mare ,,ro,,,,,,,cod
p,,,i th, usn,t,,,,n,,t ,ro,,, ,,,,no co,,, n<,,
"""r ,vor, inc,n"1 =, ,o., - ,,o,.s In,.,f,,
vi.,y ~ ,ta s,tno,sor, o,i ~ r",v ,n
,he T,aourrv 10 am tnon, t,,ro"r,' .rh,,ooils
~, ~, h,m,,s .o'o ~" o. ,r.ot ~, ,or..,.or,.
,at ,,,a, ,,t,"', ~ ~ o, S,,.,' % ,",a -,
,as. "as .,, 49, o"so' ~ '~'"'' o'''' ''S''o ~
'''1N' ,ru,, err,pr7 >vAs nan
cvor +,.,t mn,,ov ~ tho hnnk. waro .,,h.
ira ,v,urt thoIr circuiot1mr Eur1har raitnf
r ""tM6 ~. tttet .''1"oo'' ",
i.u ~ nas1 ,' J.. me s",' w. "" s.o, "u -
..ee", uu'1au ~. sm9 ,! a.o e"n ~ ~ ~
m"a 's @ a,sn1 :. w." Iii ~. w. a" ~ :, ,a 4.rr.t"
sno ~ MI y m'a w ~. " s ,,,