The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-03-19
FRANCE.
Some Effects Of the Financial
Crash.
Gossip and Sundriss.
Correspondence the HERAID.5
PARIS, February s. 1882.

Nearly all the OeaQ and wrecked
connected with the financial crisis
have been disposed of; not many
suicides are expected as the old way
of balancing new debts. Not few
Of the stock gamblers folded VI
their tents like the the Arabs, anC
as silently stole away. One spris
Iof nobility who had four million
francs to make good, sold his house
and lands, the family jewels, Dor
Irowed money from his wife'G
friends, spoiled the Egyptians gen.
orally in the capital, and then bic
his native land good night. l am
aware of large army contractor
whose brothers wife gambled in
bulls and bears on the sly, and fin.
ished by owing three millions. HeI
husband knew nothing about his
wife'S doings, and when he did he
simply wrote to her and his own
relatives: Decide between two dis
hOnors: either aid me to escape the
pecuniary responsibilities III which
[ am plunged, or l shoot myself
within twenty-fOur hours" The
Widow Pratt, of Marseilles, the
wealthy owner OF liquor establish
ment, lost 7O0,00O francs. She wrote
check for the amount at noon. and
before dinner accepted the hand and
heart of her head clerk. Less poet
zeal was the conduct Of a retired
grocer. He gathered some chairs,
placed them in the middle of his
drawing room he then set fire to
the pile, with the deprecated scrip
of the Union Generate bank,
the cause of all our woe. OF
the several lucrative suicides,
ten are recorded, brought about
by the failure of that bank, nine
were committed by revolvers; the
tenth was a maiden lady, who
dressed herself in a travelling cos
tune, placed the shares under her
arm, and jumped from a fourth
story into the street, killing the dog
that was leading blind begger. A
popular critic, recently deceased, left
800 Union shares, then worth 1900
francs each. His heirs, instead OF
at once making hay when the sun
shone, went to law, and the case is
still sub juGIice, and the scrip OF
only nominal value.
The smash falls principally on the
upper ten, who sought in stock
speculation an antidote against en-
nui, but the peasantry, the arti-
sans, the trading classes, have not
been affected, hence the national
richness is sound. The tempest
will do good by teaching people to
no more count upon Investments
yielding from Is to so per cent, but
to be content with 5, even s, and
never to despise the sweet simplicity
Of the per cents.
For the moment Gambetta has
gone from our gaze like a dream.
were it not for the running fire kept
up by the intransigeants against his
memory he would be as much for
gotten as McMahon, de Broglie and
other saviours of society. 1t re-
mains to be seen if, in vOyaging in
other lands, Gambetta will expert
9nce that absence makes the heart
grow fonder. His role is not by any
means finished, despite his few |
olunders and bunglings. He |
will not be anything the worse
or having passed through the fiery |
furnace. The reform bills, that the |
contemplated bringing
forward, and now published, do not |
display any profound ability. The |
present cabinet will reject what is
Questionable in them, and appropri-
tie what is good; by so acting, and
well the Chamber, the
lie Freycinet cabinet ought to hold
Ogether for a few months. Even
he Turks-who rejoice at Gam
'etta's downfall, as well as pious
'ersons in general attribute that de-
eat to the eX-premiers proposition
polishing public prayers for the
legislature to be endowed with what
+ sadly needs-wisdom. The ma
minister, Paul Bert, being
10 longer charged with the religious
interests of France, returns to his
ear studies-viYisections. Let dogs,
ats, rabbits and Guinea pigs, be-
7aTe.
Tie Chamber of Deputies has not |
igned the commercial treaty with
,ngland, but has granted another
lonth to do so. The next renewal |
ill be for a week. The representa-
YES, however, have formed two
lore new groups, kind of tad-pole
ropagation that will require a po-
teal Linn3us to classify. To
Iorrow let us hope for serious af-
hrs, which, up to the present, only
1pears to realize the BARRIERS prom
e of gratuitous shaving. Other
7olution: The French have no !
tention of marching with or q
ithout England into the bowels of 1
Ie land of Egypt. They have already {
Tough of MuSsulmans to civilize.
rofessor Caro- continues to lay all .
e evils of society at the door of !
le press. The world wants re- L
ewS, he maintains, not newspa- S
ers; wants cities like Villemain a
isard and Sanite-Beure; not re- Y
,rters as Suetorius, Saint-Simon
I'd Tallemant des Reaux. A town V
NJ. Poulet, traces all the i:
faculties OF the country to the S
CT of the coin bearing the motto, v
Tod protects France" he would c
elish all that. One of his col Il
amos NJ MoilIord ohioofc 70 fhn | G.