davidaulloa/AmericanStories huggingface dataset:
, 1881-02-27

et,t5nr IT. IN the rise or fall of the stock.
rhus a man with $3.50 900 borrowed money
win buv several millions OF stock, dopositlng
tbe money borrowed trom the bank. as
q margin, The action Of the banks
in demanding payment Of their call loans
caught all these gamblers as iii wise. How
to raise the wind to pay the banks, was the
supreme question; and hence tic extraor"
dinary rates of * and ~ per cent per daD
for the use of money Which was offered on
Friday. Those unable to respond to the DanS
cali were compelled to sell put on declining
market Mt loss, or to sacrifice their co4aat-
erals, which In turn were perhaps borrowed.
fa} Others making call loans were merchants
doing regular and legitimate business, who
made short loans; and (3) manufacturers VINO
obtain cali loans on their merchandise. using
the money in their legitimate business.
These are the several classes OF persons who
were caught in the sudden demand OF the
banks for the return Of the call loans.
The New York Tribune, all organ OF the
Wall street gamblers, commenting on Fri
days transactions. says:.
TO the holders of securities, many Of whom
wore forced to sell, the losses since Friuay last
have been enormous. 1t Is astonishing tnat. 10
Entte of such 4 fAll IN prices anu SuCu IL StllE'
Ecncy in the money market, no failures occurrtu
and there could not be stronger evidence o. tne
general spunduess OF business and the splvcncy
or dealers. This panic It Is plain. has nor peeh
caused by nny commercial or tinanclaI fottc1l.
ness or reckicsucss; but thousands or 1neh' not
here alone but In every part OF tho country, urc
| bcnrlng the severe losses to-day because IN
| unjust and unwtse measure. framed for partisan
! ends, is pending In Congress-
Here is frank confession that the panic,
| If it may be so called, was not caused by any
doubt as to the general soundness- OF busl-
ness and the absence Of commercial reck-
| lesness. The 'panic," beyond temporary
inconvenience to such merchants and manu-
facturers as were involved, was confined to a
wreck Of the stock ganblers,-to thatclass OF
men who carry on immense operations daily
with borrowed money. The bulk Of these
| called loans BY the banks was Invested in IN
flated stocks, the whole business being car
| ried on with borrowed money. The facility
with which cash can be thus borrowed Tor
stock operations explains largely the manner
| in which the stock-iists Of Wall street have
been inflated and the Inflated prices maln-
tanned. If prices depended OH the supply OF
money owned by the operators there wonle
be prompt shrinkage Of these securities tc
| their real, substantial values.
, 1881-02-27

THE spirit Of Wall-street betting and gam
bling in stocks has been unfortunately ex-
tended to the whole country. The immoral
ity Of the proceeding is ignored or has been
lost sight Of by people whose feelings would
be outraged by the sight Of q card-table.
and who regard galnbling-house as an ante
chamber of Hell. There is not a ii lage in
the country where there are: not men and
women, protesting to be pious, God-fearlng
people, who are daily sending their money
to be staked in bets on the stock market.
and on the rise and fall of this, that,
or the other stock or bond. Millions Of dol
lars are flowing constantly from all parts OF
the country to the great maelstrom. which is
certain tn ingulf beyond oil hope Of recovery
everything coming within its reach. In fact,
, 1881-02-27

Ir is rumored that one consequence OF
the Wall-strcet furry is that Dir. John
Sherman will succeed himself as Sec
lctary Of the Treasury in Preslden1
Garfirld's Cabinet, even against Mr.. sher'
mans wish. There Is little reason to doubt
that Judge Folger, for Secretary OF the
Treasury, is now out OF the question:
but tsere are many who claim that SEN
ator Allison is the coming man. At any
rate the Cabinet slate gotten up by spccn-
la,iye politicians and enterprlslng CORE
spondents in the early part Of last week IS
entirely broken. The new slate contains the
names OF Senator Blaine, for Secretary OF
State; John Sherman, or Senator Allison, TOR
Secretary Of the Treasury; Mr.. James, OF
New York, for postmaster-General; and Ar.
Robert Lincoln, OF Chicago, for Attorney
f.ararof
, 1881-02-27

THE Crowbar brigade will be soon at WORK
again in Ireland. Lord Anner1y, who owns
about one third Of the County OF Long1oro'
is said to have determined on evlctlng every
man, woman, and child on his estate. o1nef
landlords, less extensive perhaps, are bent on
determination also. Under the new coercion
act. tho people will be almost powerless.
Any person who resists eviction, or VINO oe,
nounccs the ylciousness and oarnaElty o.
the act may be arrested anu put
into Jail for eighteen months Without
trial. 1t is probable that Parnen ana
the other leaders will be in Jail before
the eyictions take place, and the tenantry
will be at the tender mercy of the landlords,
all through the policy Of Ministry which
obtained power this last time largely on the
cry Of Justice to Ireland.
, 1881-02-27

THE condition Of Senator De Lane's spool
hill" is understood 10 be this: 1t passed the
Senate on its merits By decisive vote. LII
the House it was referred to the Committee
nn CORPORATIONS, which is 4 very singular
committee for bill OF that sort; and the SAID
c, 0. c. turned this anti-gambllnE Dill over
to the kind custody Of three tender-hearted
uatriots who do not want to interfere with
the sport of the boys-viz.: 10 Carr (Dem.),
Of Greene County; 3. F. Weber (Dem.}, of 4G
North Clark street, Chicago; and Ea. L.
Cronkrite (Dem.), Of Frecport- These Demo-
cratic deacons in the church Of Satan have
refused to report back the bill. They threat
en-. however, to report it in a certain event.
Meanwhile, an ex-member Of tho Legislature
from this city has served notice on the
gamblers that unless $1,000 is raised, to be
used where it will do the most
good, the bill will be reported to
the House with the Recommendation
that it do pass. The gamblers, ana
I,orse-jockeys, and professional booksellers
don't want to bleed more than 81, sou, and
even for that sum they require guarantees
that no anti-pool bill shall be passed at this
SESSlOu~ 94tluh4I4ICS AA4N 1u0 @0AA'-AA-"" -
Democrats and the rest of the Committee
are in bllssful Ignorance of these negotla-
tions, although everybody else in Springfield
has heard Of them. The thing will probably
end in the gamblers coming down with the
5000, whereupon they are to be guaranteed
two years more in which to pluck geese and
convert young men from the paths OF rectl-
tutie into b!acklegs and loaferS. The most
insidious form OF gambling is pool-selling
on horse-raclng, bail-playing, and other
games of chance aud fraud. The ruin OF
hundreds If now worthless young men IN
this city and thousands in the State can be
dated from their introduction to pool-rooms,
which are mere gambling-dens, no matter
what may be said, to the contrary. The ale,
cation that county agricultural fairs canno1
be successfully held without the aid OF pool
| betting is pure hunbug, aud, even il true, il
! would be far better to discontinue such fairs
| than to run them as b1ack1eg institutions.
, 1881-02-27

THE New York stock market yesterday
had somewhat recovered its composure. Be-
sides the crushing out Of number Of
The reckless operators gambling in stocks
N borrowed money, the force Of the
3low by the bank conspiracy seems to
have been without serious effect The
Secretary of the Treasury, with tile ample
means al his hand. was lncasurably able
n protect the country against any Sel,-
.ral damage 70 business. The bank col1splr-
,tors will probably take nothing by their
motion, and some OF the country banks have
,l,1,tdy countcr,nanded their notices Of
&Withdrawal Of circulation. Money was
Comparatively easy and abundant in New
yo,k Yesterday, though the banks had
lacked ND or sent away some s14.ooo,oo Of
,t,air rreenbacks. The time has gone BY
rhen such a combination could successfully
, 1881-02-27
DOES a resignation resign?
PERSONALS.

"I see they are revising the Bible. Now, II
they could only find out that tho story about
Ananas being killed for lying was q mistake
but never was lucky."-GeoFUc iUred.
ut is said that there is no cure so certain
rs little OF the hair OF the dog that bit sou.
When it comes to taking little Of the half ol
the dog that you bit somebody else Will. now
ever, the sensation Is not SO pleasant. -'"a
Gould.
The first notes Of the blueblrd were heard
in the suburbs on Tuesday. and his present."
was welcomed as the advent OF spring. ous
when folks arose yesterday morning ana ionuo
the thermometer neurly ut zero, IT was "s"tn
Nude apparent that the world is full OF chanS''
February Editorial BY Charles i. Dana =.
An infatuated person in New Jersey senus
in poem, with renuest for Information as
whether such productions arc paid for, ana cur
sidcrutcIy remarks that ''You may reply o5
mail" This Is indeed thoughtful. Our OILS ~
tclcyraphtug to people tLut their poems aaso
been accepted and will be paid for are slmP'
enormous.
Mr.. Howells has nearly finished dramauc
version of Longfellows "CourtshiP OF anes
Stnndsh," which is shortly to be prouuceo d., ~
Boston theatre. Our Revolutionary reaoees ~ -
ubtless recol1ect that Mites was In love H'a as
f@F13rtttI ai1EIss Allu IL I'LL. A4OVCAto @N@
the story up faithfully. some realistic staSe o.
fects. such as Old lfr. hden kicking Aas' oss.
the front gate, or Priscild's youngest otosas.
putting pin where It would do the mo51 na1A'
can be produced
"Roscoe Conkling "-The phrase "all ".s
hustle and confusion" is a common one, o"t w.. w."
first used by Charles Readc In one OF MS eatns.
works, the incident described being as 1o,'o".
It was busy scene. All was bust1e III" ~.
fusion. The buetle was spread OUT over 49, -
deal of the gans- plank. where brt.ht-es'a ~" "a
had sat upou 1t, after balancing he5seIi upoHS.5
foot for awhile and waving her arms aiua. ~. ~,
wildly. In an instunt the loud claas OF tne pnos
bell WIS heard. the great engines throooeu' ~
the steamer moved slowly out into too S''~'
leaving Myrtle on the duck"
!. 4 tragic event in Stuttgart, Germany. -.
student In love with very pretty Rl1. nas
peatcdiy written 10 her parents 1of 'nen ha
sent to q marriage. Receiving no sep.. -.
noisoned himself ut the girls lodgings .e1e =.
day cu1ue u letter with the parents consen' 81,
rhe funeral the girl swallowed poison apu .s
l;Ye1ess into the arms Of one OF the cno1'7'e
a;ppnr orer the grnve.-L0ndo" 1t"'ee' 80
cnfcuro Young nun ID love with very Pteev ~.
r,tl had repeatedly written to her paTeuss w.
rhetr consent to q marriage. Kecei*:nS uoisb" r.
h,. went oil on a three days" toot he1. ~, ~,
came letter with the parents consent a y,
,na wedding the girl swallowed ice cseam' ou. :.
dIdn,t worry her any. They are now lvinS my
! pily with the old folks : +
, 1881-02-27

SENATOR MAHoSE's personal organ, pub
lished at Richmond, Va, contained very
significant editorial yesterday morning. It
urges the Wisconsin, Legislature to elect
successor to Senator Carpenter at once, are'1-
luc that the act of Congress in relation to
1illing vacancies has no application in the
case Of Wisconsin, and that. in view Of the
Importance to the Republicans of having a
successor to Senator Carpenter SO as to con-
troll the organization OF the Senate, the Leg
lsIature should not stand moment on the
natter. All this only goes to show that
Malone will act with the Republicans. and
that lie is anxious that his acting with them
shall give them the organization Of the Sen
, 1881-02-27

4 WASHINGTON dispatch says it is pretty
generally understood that President Garfield
will not call the usual extra session Of the
Senate until after the Wisconsin Legislature
has selected successor to Senator Carpen-
ter. The present Cabinet will be retained
until about the 18th of March. The sue
cessor to- Senator Carpenter will be chosen
by that time, and, as there is no reason now to
doubt that Senator Malone will act with the
Republicans, they will be able to organize
the next Senate, even if Senator David Davis
acts with the Democrats.
, 1881-02-27

TIE powerful mind of the Hon. Randall
II. White, of No. 25la Wabash avenue, Chicago.
House member ct Springfield, has been chiefly
engrossed during the past two weeks in dcvlsing
WAYS md means to defent Collins bill permit
ting the people of Chicago to vote ON the propo-
sit1on to consolidate the three Town Boards into
one. It is understood that White has been in-
fluenced to assume this extraordinary anti
Republican position. by the members Of the
South Town Board. They seem to have more
influence over him than all the taxpayers of the
South Division. II now seems probable that he.
as their tool, assisted by other Cook County
tools Of the "Threo Boards will succeed in de-
fcating this bill giving the people chance to
vote on the question Of consolidation. But tho
taxpayers can havo their revenge by refusing
to nominate or elect every member of the
Three Boards VINO is Engaged in this under
hand intrigue agnnst tho rights OF the people.
, 1881-02-27

TIE very successful concerts which Theo-
dore Thomas is now giving in this city are
mt alone pleasant and profitable musical
events Of the present, but they have future
bearing which ought to be considered. As
episodes of our musicnl season they are Ger
tain,y remarkable. During the past week
lie has given us such remarkable works
as the Damnation of Faust, the Fifth SYM
phony and other works of Beethoven, and
programs filled with attractive and pop
ular numbers, and this week we are offered
eight programs crowded with delightful
music, From this point of view alone all
lovers of good music have ample reason Tor
congratulation. There is another consldera-
ton, however, Of still wider Interest. These
concerts are the first step in scheme which
embraces a season Ut summer concerts at the
Exposition Building, and Festival Ill
1882 modelled upon the basis Of the
celebrated Cincinnati festivals. The
preliminary steps have already been
taken in each case, and some Of our most
prominent citizens have identified themselves
with each undertaking as indorsers. There
is certainly no good reason why Cincinnati
should be allowed to monopolize all the
festivals. We have all the material here.
The singers Tor 1ss2 are already enrolled, and
tile playing Of our own men in the orchestra
which Mr.. Thomas is now leading shows
that We can furnish him good material for
the Instrumental work in the festival. In
deed, the orchestra which is now playing so
remarkably can be retained as substantial
whole here If the proper announcement Is
assured. There are golden opportunities
for musical progress here now if our people
are only ready to seize upon them.
, 1881-02-27

THERE has been no change W the number
of savings banks In tho Stato8of New YORK
during the year. They show q total increase 10
deposits OF y71, ,lG, and in surplus of 6ie,3ls,-
H. The Increase on the estimated market
value of their stock investments alone is Ss>',-
72U,1s3. The number OF dcpositcrs WIS greater
by sa Jau i, 1881, than on Jan- ]. 1880. There
we're 44221Y more accounts opened during 1880
than during 1879 and only 9,la0 moro accounts
were closed than during 1870. The total amount
, 1881-02-27
TRIBUNE BRANCH OFFICES.

rvr cu,cAGo Tn1nCAE has established bsanea
orcee for the receipt subscriptions and aasefAe
ucnt. as fot!n.'r:
NEW YUnk-Itoom g Ttlb.4ne Building FIT &c
FADnES. Manager. w.,
GLASGOW. Sco,laud-Allan's American News
Atcncv, 81 Hennc!d-st - ~.
LONDON, EaE.-Amcztcan Exchange ~ e@1aA4'-
HENRY +. G1LllG. Agent
WASHINGTON. u. C.-l31a F street.
, 1881-02-27
SUNDAY, FEBRUARY q, 1851.

Now IT is the turn of the Orangelnen to
dcnouuce Mr.. ParnelL He had an Interview
with the Archbishop of Paris yesterday The
Ultramontane humbugs denounced Mr.. Par
nell last week because he had an Interview
with Victor Hugo.
, 1881-02-27

AN election which occurred in East Cum
ber]ald, England, yesterday, shows that the
English farmers are beginning to think OF
reform in the English land laws Ar. How
ard, the farmers and Liberal candidate, was
chosen to succeed Tory, defeating !" jim
my" Lowther, Mr.. Forster's predecessor as
Chief Secretary of Ireland. Mr.. Howard was
a candidate ut the general election On ad-
vanced farmers rights principles, and was
defeated by Sir Richard Musgrave, the Tory
candidate
, 1881-02-27

Chicago (Tn1BUSE oflice), north lautuae
Al deg. Sem. SIS; west longitude Am. 1ss. from
washington, and 5h. Som. as. from Greenwich
The subiofncl table shows the time Of set
ting OF tho mocn's lower limb, and the Of
fetal time for lighting the first strect"lamp
in each circuit In this city, during tue COM
ing week, unless ordered sooner on account
Of bad weather.. Also the following times Tor
ertfnv,1fsftnr the first lamp:
, 1881-02-27

mously increase the attendance upon schools
throughout the State, even though there
might be very few prosecutions under II.
For this reason, il for no other. it should be
speedily enacted Into q law, with the amend
ments indicated; and il it does not have the
effect desired the Legislature at least Will
be no longer open to the accusation OF in
difference to the interests Of the school
cueta1n
, 1881-02-27

TIE Swiss are not little discounted and
alarmed at the rapid increaso OF crime amonp
them, which Is met with somewhat general d.
mund for the reimposition Of capital punish.
mcnt.. 4 reCnactlng law was passed By the Fed.
erui Lcgis: :ature two years ago, but only fen
of the can1ons hnvc formaliy ratified 1t. Thos.
who favor capital punishment insist that therein
the remedy lies. while those who oppose it point
to tho fact that not murder only but eyerv
crime ls On the increase, and that there is moth
ing to prove that the abolition OF the death
penalty is responsible for the present stare Of
affairs. 4 correspondent Of the London Ntps
holds tha, the trouble lies in the generally |a1
prison system Of the little Republic, amt clti5
several instances in support of his theory. IN
one canton murderers are intrusrec to the cars
of an iniirm old nun, who pre3ides over au insa
cure prison, and who recently sent out On an
errand one Of tho murderers in her charpe.
Naturally enough. he never returned. In an.
other case three prisoners escaped and went On
a"spree." 4 An alarm was raised, and officers
searched the neighborhood In vain. They vera
finally found in their old quarters In the Jail, to
which they had returned after exhaus.ius tha
pleasures Of tho town.
, 1881-02-27

THE Nation thinks that the "worst feature
Of the Dorsey dinner was the appearance ut 1t OF
a minister to invoke the Divine blessing Oh Dor
sey and his food md lIquor.' Dorsey had speus
about 100000 In Indiana, placing it where be
thought it would do the most good, In which cage
1t Is alleged that tie Democrats got the bulk
, 1881-02-27

The elements havc been propitious to-day. and.
in the calm scclusloa Ut library whose windows
snow storm Gen. Garfield has been free from
statesmen and advisers. No day, however
gloomy can deter the "olI schooltnate" from
calling on the "icar chum whose very exist
ence be has ignored for years. Gen. Gardeid'5
isn't such an cusy berth. and In spite OF hts good
humor and big nature. believe bis brother, who
pier existence and lnhnttly less worry than lie
PRESIDENT elect.
, 1881-02-27

Do THE voters of the North Town take any
pride in their tax-cat! Town Board, which is
using all its influence nt Springfield TO prevent
the consolidation OF the three town govern
mcuts? Notice the votes OF Sexton and the
other Democratic members from the northern
and northwestern wards uniformly cast against
Consolidation. .
, 1881-02-27

TIE Cashier of a bank which has an un-
divided surplus OF Sl,01).Oo9 and pays L per cent
dividends quite regularly complained bitterly to
a reporter, last yGecS that the taxation OF Ma
t,onal ban9s was most griovous, and ought to
be abatcd. Poor fellow!
, 1881-02-27

deposited during 1ssowas SIS, OF: greater than
during 1879, while the amount Withdrawn waa
only s., ST. $50 more than during 1879. These
was also slight decrease in the expenses. The
savings-b bank depostors Of New York now num-
ber 953, 707, aud their assets have reached the
vast total of s4o0, $50. The Superintendent
correctly ascrsbes tAls condition of the banks tn
the prosperity Of the laborinG class, and not 10
the use of savings banks By capitalists Takfno
the population of tho State, one out OF eyery
five of the whole number, Including men.
women, and children, Is depositor, and the
sum total OF their savings equals about one.
1fth OF the National debt. This Is q remarkable
showing, against which the great State Of ILL.,
nois has nothing to offer, as her savings banka
have nearly ceased to exist.
, 1881-02-27

4 CORRESPONDENT, who betray5 q repre-
hensible fondness for puns. sends this definition
Of tho difference between Gen. Garfield and his
place Of residence: The town is Mentor, ana
Garfield IS a Mall or-Mea-ted- This IS execra-
I'LL
, 1881-02-27

QUEEN ESTHER CHAPTER NO. a. q. =; :.
MID heir fourth regular sociahe and dance nj tnett
hali e. And Ci North ClaEk-st, Monday evening" feo
~ 1851.
, 1881-02-27

La FAYETTE CHAPTER. So: : g. a. M:@Ma1l .a51a1
Fah = NJ o'c1ocx for work u degree Visiting
compauions welcome. ~ order q =,
VII BRYAR, Secretary.
, 1881-02-27

ORIENTAL LODGE, NO. s.. A. F. A. M.-ReGn-
lar cunuunication Friday evening. Murcn & nj oat''
ISs L. Snlle-s1. Visitors Eclcone " oEae55 7v =,
ruap1recA cAT1IN Secretary.
, 1881-02-27

Euttrrd at the Post-oGet chteogn, H. a, Second
Gtos1 Matter.
rcrth~ tenent Of our paIrpns who desire to teaa
.,,,, L. co7{cs Of THE TRIBUNE through the mall We
81, c herewith the transfer: rate OF postage:
Uf.utxttc- Per C0pY-
Tight and Twelve Page Paper. cents
go, t,,ro Ia nar ............,,..s3 coa1s.
ForftJn-
Eight and Twelve Page PAPER. cents"
St114en Fave Eaper. es
, 1881-02-27

Orn1y S. Cook, House member Of the Sec
ond District, seems to be backiliy up r. II White,
of the same district, In fighting the Collins bill to
let the people vote on the question OF uniting
the three towns Of Chicago into one assessment
district. Who Is Cook representing in opposing
the right of the people to puss on the question?
, 1881-02-27

WHOSE fault is it that Chicago has not new
pumping engines nearly ready to throw eaNo
cubic feet of water per minute into the lllnols
s. Michigan Canal?
, 1881-02-27

u.1xpoy LODGE NO. fsl !; Q; 9. F.Ihere Fnn M1l
~ - ;nrInt,on Of several candidates Monoat ~ "
pc NJ nIFers of the c.nft cordially Inv -
n3,ond Tne new work is very infesss!nnnnkG; ss.!nnG;
SOUNDS ut hharE: .. ~ ''N
, 1881-02-27
arrest the business and credit of the whole |
country. The New York Euentng Post of

country. TIC New 10rk ECEHt7t5 FU8t bI
Yesterday thus comments on the situation:
The collapse Of speculation ut tho Stock Ex.
prcrs 50 thut it takes probubly s10oOoo, ,0tD lcss
10 carry the Stock Exchange securities thun it
did week asu. Looking the whole situation
within a few days We shall have IN caster money
market than wc would have had ii Congress hnd
NOT raided the bnnks and brnkcu down tho Stock
Exchange speculation during the week must be
regarded by MI engaged In legitimate tlon-spec-
uative business rs wholesome i'll its influence;
for the reason that it will leave moro money nnu
credits for those outside OF the circle OF pure
speculation.
, 1881-02-27

,-.~crSssELAER GRAND LODGE or Pen
rEGroS its sColT nrs MirEonestssln m e;e sIn md
1s!np!s 1an no.1ec. 1n liz order Of the 7. +: q.
1olh oes'ees ~F:i;; fJUDALE go, Grand Secretary
, 1881-02-27

Lt5MBEnMAN's LODGE. no, II. A. +: 4 a,,n- a, M
Mn1,.h AI members especially reqnetsts tsa a, -
s:1end. ns business of special importance VIII coao
before the Lodge hs ofoiH5 iHalRY FORBES. W II.
FN AGH1.EY. Secretary.
, 1881-02-27

c1z,c.co CHAPTER. NO. II. T. \; M-Hal!.
ri .,n fa III et-
DAY evening ~ O'Clock lnf H. ,ar ~ The il T.
lerf requested u oe ELI SMITH, Secretary.
, 1881-02-27

ST. BERNARD CoNMANDEKX. No: & S x; Tn Tn
Stated Cenc'ave "wednesday erennE AaFcn a. T S39
KNIGHTS are courteousiy Invited; By ORDER
7 n 3,ICEEHSOS, Recorder.
, 1881-02-27
EN-. ASHLEY. Secretary.

,e,, 10r.E. NO. H AF. 4. M-RegulaE
,cstinr 1uesdnv evening. March for business ana
Important WORK All members are fea4ss.v snn-nast ~
present. 1Ae 14H"o'"' c, Il. CRAM