Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1882-06-23
Tha Ela Wrought by the Union Gen
erale.

Grale.
The Union Generate had weathered 80
many other storms before. each and all
apparently as severe rs this one threat
ened to be; the weekly report of the
Banqus de France showed an excellent
balance-sheet; the daily receipts of the
Suez Canal were remarkably satisfactory;
and vet these great securities, and with
them every other security, went down
and down until it seemed as though they
would never touch bottom, and that, too,
without any overt effort on &the part OF
their shareholders and syndicates to de-
fend their positions. .-
Except on the famous Black Friday at
New York, have never seen anything
to compare with last Thursdays panic,
for was not spectator of those Vien-
nese performances which closed the
Austrian Stock Exchange for five days.
some few years ago. But the French
will recover soonerfrom this catastrophe
than did the Austrians; they have more
capital to call upon and greater recu-
perative power: witness their wonderful
getting ON their legs again within a
twelvemonth after the payment of the
five milliards war indemnity to the Ger
mans. Still, everybody has been horri-
bly, scared; the krach-which beggared
Vienna in the space of eight-andforty
hours. and of which Johann Strauss gave
the name 20 one of his waltzes, so that
Vienna may emphatically be said to
have danced on her own ruins-the
krdch, or the specter of the
Krach. has appeared on the banks
OF the Seine to warn the
Parisians of their folly. 1t has turned
| the faces of the Lyonnaise pale with
| terror; it has covered Bordeaux with
confusion, forced Marseiles to sit down
and weep in sackcloth and ashes, and
| spread despair and dismay in the Pays
DIES Fourrures and among the Timbal-
lieres. Probably you would like to
know what the Timballiercs and the
PAYS dies Fourrures are? The first, also
called les Toquets de Loutre, are those
noble ladies' and ignoble, though clad
in purple and fine linen. hetairp who
have taken to stock gambling; by the
latter term is designated that clique Of
gentlemen eaveloped in costly garments
lined with sable and astrachan which
stands grouped together in one corner
of the Temple of Mammon, watching
the turn of the tide, ready to give Or
derS fUr sale or purchase, but never
deigning TO mix with that common and
unclean horde of publicans and sinners
who howl and gesticulate around that
sanctuary within whose railingS the
Agents de Change operate. Faces have
been awfully long in the eur COun-
try" of late. '.IIow do loOk?" asked
beaten General of the Prince de Ligne
after crushing reverse to French
arms. "Tolerably defeated. Monseig-
nour," replied tl.s Marsllui; and "tol-
erably defeated" about describes the
present physioghomy of the wearers of
Caspian wool. Nor is the expression
of the Toquets de Loutre more cheer
full; good many sad hearts throb
under those mantieSf of blue fox and
zibelline; the blazoned carriages
of some among them are as well known
to the runners of the brokers as the
greasy cOat-collar of the specul;::or Eb
stein. whose face has been slapped on
the steps of the Bourse oftener than that
of any one individual on record; others
had rented rooms III the neighborhood
sometimes with no more than q couple
of chairs and q fOOt-StOve by way ol
furniture, so as to be able to get the
earliest news of every tiuctuation. Mar.
riage portions have been swallowed ur
in the course of an afternoon; titled
women, whose eScutcheons are among
the most brilliant of the Faubourg St
Germain. have awakened from theil
dream of millions, like Perette. aftel
she had kicked over the milk-iug. tc
find their noble names dishOnored, wit!
differences to be settled. which they vii
pay-God knows how. And while wives
joined the club of the "Sealskin Caps,
husbands paced fevcrishly the asphal
tum of the Eur Country" and tn,
equation became: Operations of Mon
sieur plus operations of Madame equal
double ruin. They weep and wall now
gnash their teeth and tear their hair
and are desperate, blaming God and tn
devil. Nj. Lebandy. who sold his Aez
and Nj. Gambetta, who agitated the un
timely question of revision when no
body wanted revision, and swear sol
emnly never to sin again in such way
although in their heart of hearts ever
, one of them is really to begin over to
morrow if the chance were offered
Paris Cor. " y. Times.