davidaulloa/AmericanStories huggingface dataset:
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14
IN AND OUT OF WALL STREET.
New York Sun.l


In times of utter stagnation of Wall
street business like the present, the in
terest and commission accounts eat up
all the profits of speculative holdings,
even when money is cheap and fuctua-
tions are more or less favorable. But
with high rates for money, declining
quotations, and gertrude Of further
liquidation in the future, man car
rying heavy loads of stock on margins
travels inevitably on the road to ruin.
Never mind how rich he is. The
question here is purely relative:
Whether it is the last million or the
last thousand that he will have TO fall
back upon. A speculator short of stock
ut the present moment makes q little
money on the interest account, and
runs the risk of a loss only in case OF
an advance in prices. If he is nimble
and alert, he can get out at any mo-
ment with comparatively small loss.
But Spectator ON the long side of the
market stands to lose both on the
interest account and on the fluctuations,
and runs the additional risk of awak-
ening some fine morning and finding
that he cannot sell his goods at any
price. II takes, for instance, $40 4
month to carry 900 shares OF Michi-
gan Central, $40 to carry 1000 of Ca
NADIA Southern, or S1S5 to carry 900
Erie. This is with money at 6 p. cent.
With money at II the expenditure is
double. Now, what must be the dead
| monthly loss of SPECTATORS who have
! load OF fifty or Il hundred thousand
| shares: And there are 4 great many
of them. The Vanderbilt family is
supposed to have accumulated between
sol, 900 and ,OO0, 900 shares Jay Gould
is rated at about the same figures, but
his stocks cost him little or nothing,
ana then you cannot catch him acct!-
mulating stocks at times and prices
like the present; he prints his stock
certificates to sell, not to keep. II. N.
Smith was recently reported to be
grooming under the load of 200, 900
shares. D. O. Mills, G. j. Osborn,
and three or four more men of that
solid stamp have probably 1OO, 600
shares each, unless they have shrcwd-
iy disposed of some OF their recent
purchases as we'll az OF old holdings.
Spectators carrying $4,000 shares
apiece can be counted by the dozen.
There are, to be sure, many stocks held
81 SnAa4!eA AptS', DotH ~ nome ana aD-
road, by bona'fde investors, who
bought them out and out, put them
away, and won't part with them till
better times come. But the great
mass of these so-callcd securities is
floating on and about tho Stock Elk.
changes of New York, London,
Amsterdam, Boston, and Philadelphia.
Hundreds upon hundreds of millions
arc irrctrievably sunk, for no one
knows how many long years, in Erie,
Denver, Mexicans, Ontario and
Western, Ohio and Central, Ohio and
Mississippi, Wabash, Reading, and
score of similar Inflated enterprises.
The mere thought ofthe mass OF money
already lost and the still greater mass
which is to be lost in them is enough
! to give a man a cold shivcr.
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14
PROSPECTS OF THE DEMOCRATIC
PARTY.

The Democratic party has reason to
congratulate itself upon the result OF
the late elections in the West and to
be hopeful of a glorious victory in the
presidential election of 1884. Already
the House of Representatives is strong
ly Democratic; the legislatures of most
of the States have Democratic majori-
ties the Governors of the great State
of New York, Pennsylvania and Massa-
chusetts arc Democrats and all over the
country the party is united, with no
discussions and internal factions to dis
turb the harmony SO essential to party
victory. --.
Upon the next session of Congress,
however, much will depend. The De-
mocracy with its majority in the House
will be responsible for all legislation,
the character of which will largely in
fuence the votes of the States in the
Presidential election. Democratic
members, then, will realize the i'm
portance of making no political blum
ders avoiding reckless and extrava-
CANT legislation and of striving to bring
back the administration of the govern
ment to that high standard of honesty
and economy which characterized it in
the days Of Jefferson, Jackson and the
other great leaders OF the Democratic
party and eXpounders of its everlasting
principles.
The day of the carpet bagger has
passed no more visions of that grim
spectre of the era of reconstruction rise
up to plague and torment the people
OF the South and to ALLEVIATE the sec
! tons to foment discord and animosity
where there is a universal desire for
peace and quiet. The political equality
of the States has been happily restored,
and there is nothing now to mar those
nmicable relations which in the past
made our country and our government
so strong.
The indications are that the Demo-
cratic party, with the close of the
present administration, will be in
vested with the future control Of the
government, ut least for number OF
years to come. In fact its tenure OF
power will greatly depend upon the
wisdom and character Of its admins
tration the prosperity it will bring to
the country and the satisfaction it will
give the people. For forty years tho
Democratic party ruled the govern
ment aud proved its capacity and
worthincss so fully It's to command the
confidence of the people at home and
the respect OF all the world. There is
the same intelligence, honesty, pa
triotism aud virtue now RS in those
halcyon days of the party, and restored
once more to political supremacy, the
former record of the Democracy can,
and we believe will, be re-inscribed on
the pages of American history.-N. O.
LNNkpS.
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14
SIGNS OF POLITICAL DTSCON.
TENT.

The Alexandria Democrat announ-
that in the next campaign, which is
before the people of Louisiana in the
near future, "mcdiocrity will be invi-
ted to take Il back seat" in order to
make room for II higher degree of abil-
ity than we now have in the public Of
fees TO come To the front. Our Rapiles
contemporary is so general and SO
sweeping in its demands for political
reform that we are not at liberty to
suppose it was intended to make any
exception to the wholesale condemns
ton. While there may be conven-
ience and safety in this way of firing
without aiming specifically at one or
more individuals, it lacks in effective
ness. The people respect an open out
and out combatant, one who will come
forward and state boldly tho things he
wishes TO have reformed and the I'M
faithful servants whom he can show
any reason for uismissing. But com.
plants against everybody are generally
held to involve nobody; and there
are some very able and worthy men
in the State administration, men
against whom no just cen.
sure lie. Their friends will
naturally resent tho vague accusation
which classilics them with metiocrity
while those really aimed at by oul
contemporary will hide behind theii
more popular colleagues. And thus il
will happen that whatever force may
be in the pubiicly-cXpresscd dissatis
faction of one man will become scat
tered and harmlcss.--N. q. Cfty Item
Well. let the Item "come forward
and state boldly the unfaithfu
servants whom it can show any reason
for dismissing." Is Kellogg one q
the number:
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14
PETER COOPER.

The death OF this grand old man has
called forth memorial eulogies in
almost every newspaper in this country.
In New York, where he was best
known, he seems also to have been
most highly appreciated. Though
strongly in favor of the American
policy Of protection, the representa-
tives of free trade are quite as ready
to recognize his merits as the prOtec-
tiOnists themselves. His life was a
sublime illustration of what courage
and perseverance can accomplish in
subduing obstacles and building up a
monumental reputation. Wealth to
him was valuable chiefly because it
enabled him to do good-to relieve
distress.to advance the interests of his
fellow-w0rkmen in tho Republic OF
Industry.
A. Oakley Hall, the present editor
of the New York Truth, refers to Mr..
Cooper's death AS not only national
event, but "a national calamity" He
was eight years old when George
Washington, the first citizen and first
President of the Union, died. AS
Washington was "first in peace and
first in the hearts of his countrymcn,' -
so Mr.. Cooper is declared by Truth to
have been ever at peace with all
men; while "the hearts of his country
men always regarded his benevolence
as the true tombstone for the bringing
out of their best emotions for him. He
was of the people and for the people.
He was born in their ranks and he
never left their ranks.'
| 1t falls to tho lot of but few men to
see all that Peter Cooper has seen, and
be all that he has been. During his
lifetime the Union has grown up from
struggling infancy to vigorous man
hood, and its population mas increased
from four millions to fifiy-iwo millions.
We are reminded by Truth that che
was ten years old when John Adams
and Federalism we're passing away
He was twenty on the eve of the naval
war with England. He was thirty
during the era of good feeling under
President Monroe. He was forty
son as President, and fighting the pow
err of the National Bank. He was fifty
when he walked in the funeral process
ion Of President Harrison. He was
sixty when the political fights of the
North and South were beginning under
President Fillmore; wasseventy when
those fights had Just eliminated in
civil war. He was eighty when
Horace Greeley was getting ready for
his next years forlorn campaign for the
Presidency. He had completed his
ninetieth year when President
Garfield took the oath of
office. Born beside the cradle of the
Federal constitution, Peter Cooper
lived under all the administrations,
and with five of them he became an
apostle for strictly national currency,
protective tariff and wise civil SER
vice.
MI. Cooper's private rule of action
was to confer benefits on his fellowmen,
aud his idea of good government was
to do for the people what In their indi-
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14

vidual capacity they can not do for
themselves. He saw no place in politics
for pride or privilege, and in founding
and providing for the maintenance Of
the Cooper Institute his sole purpose
was the education Of neighbors into 4
higher order of citizenship-intob being
Better men and women. His political
platform was: Economy and honesty
inthe administration of American inter
ests and industries, under all circum-
stances.
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14


The NicksburS Herald Of Wednes
day takes an encouraging view of the
water outlook. 1t says:
The present situation in the Missis
sippi Valley does not warrant the as
sertion that the river will go much
higher at this point. The recent heavy
rains extended South instead of North,
and while we may count on the Yazoo
being freshly supplied by the late
rains, the stage of the Mississippi river
north of this is not dangerous, aud the
OHIO river is behaving well. The Ohio
is falling at Pittsburg, and is twenty
feet below high water mark at Cincin-
matt. The Mississippi is fully ten feet
below high water at Cairo. and seven
rect below at Memphis. Tho Arkansas
IS ten. feet below the highest point
reached this year Mt Little Rock,
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14

No man has come to truc greatness
who has not felt in some degree that
his life belongs to his race, aud that
what God gives him He gives for man
kind.
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14

Mr.. Henry Bergh fell and broke his
collar-bone while getting off a car I'm
New York. The paragrapher of the
PicaSune had better be careful. He
may break his neck some day in get
ting off pun Jicks6my Herald.
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14

Eliza Pinkston has given birth to
twins. They are named Rutherford B.
Hayes and Stanley Matthews.
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14
NICKSBCRG,
n PACIFIC RAILROAD
~ % -; -,

- - - =, -
Train leaves Monroe ..,....,.. ....,..S 90 a M
arrives ut Delta. y. III.
REruRSiS No.
leaves LOO
arrives at MonrOo................6. 90 p.ut.
Monroe and shreveport stages connect
daily for Shreveport.
Daily Sunday excepted Stage line from
Monroe 10 Hastrop, La, and Hamburg,
Ark.
Daily Sundays cNccptcd) stage lime TO
tarnlerSiiio, La. and Camden, Ark.
Connects with NickShurg and Meridian
Railroad Mt Nickshura. for New Orleans
and all points North and East ana with
Mississippi river steamers a. Delta.
The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1883-04-14
THE NEW POSTMASTER GENE
RAJ.

The appointment of Gen. Gresham
is said to have been as much of sur
prise to him, as it has been to tho
country. The Indiana delegation in
Washington had reason to oppose,
rather than to recommend his nomina-
ton, and it is not believed that pres
sure was brought to bear upon the
president from Indiana, to secure his
nomination. On the contrary if the
halfhreeds of Gen. Harrison could
have had any effect upon President
Arthur, the appointment would not
have been made.
Biographical sketches of Gen.
Gresham, which have appeared since
his appointment, show him to have
been born in Corydon, Indiana, on st,
Patrick's day, 18th of March, 1888. He
was opposed to the war until it broke
out, when he entered the army as
Northumberland, was with Gen.
Grant during the operations around
Nicksburg, was in command for some
time in this city, and was with Sher-
man before Atlanta, where he was
wounded in tho leg so badly that am
Putafion became necessary. Since the
war he has made two unsuccessful
races for congress, against the late
Speaker Kerr. His appointment us
judge of the United States district
court was as unexpected and as unso-
licited as his recent appointment as
postmaster general, SO it would seem
that lightning has twice struck him
without his putting ura lightning rod
Matches Dcmocr0t.
"Too much sugar is unhealthy,' said
Mrs. EIapjack to one of her boardcrs, a
member of the Legislature from North
ern Texas, as he helped himself rather
literally.
81 know it," responded the memtcr
gloomily, putting still another lump in
his coffee, 81 know it kills people, but
want to die. Life is a burden to me
My bill has been defeated in the Sem
ate, and l am afraid 10 go hnme."-
7s.rds SVti3lgS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-08
LOSSES AT VARIOUS PLACES.

BRocKToN, Mass, Aug. IA fire originated
Inst night In Hinkeys bowling alley, the corner
OF Main and Crescent sta. This in the centre Of
cluster OF buildings which occupied space OF nearly
acre IN extent The buildings OF wood, and the
flames spread rapidly that 1t difficult any
OF the property. Four families had a escape
from being crushed by the falling roof number Of
business firms were burned The losses aggregate
$4,000; insurance $4,000. Volney o. Ransom
arrested this afternoon, charged with ignitng the IRE
Ransom Is twenty-sx years old, and formerly
ployed 10 the place where the fire originated.
DETROIT. Aug. TAT Three Rivers, Moh at early
hour this morning paper mill belonging to Bradner,
smith a. Co, of Chicago was destroyed by fire. Loss,
$30,000j insurance. So. 600.
EVANSVILLE, Ind, Aug THE Evansville Furniture
Factory burned last night. Loss $4,000; fully In.
sured.
ST. HYAcINTHE, Que, Aug. IA carriage aud furni
ture shop were destroyed by fire here to-day. Loss
$4,000.
sYRAoUsE,N. Y, Aug THE boiler shop of the Por-
ter Manufacturing Company (lmitedD was damaged by
fire this morning. Loss building aud machinery
$500; fully insured.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-08
THE BRIDGE CABLE SPLICED.

Tho splicing Of the cables for the Bridge rail.
ways was completed yesterday Mt two o'clock
To-day test Of the machinery and running gear will
be made though viii be The test. it is
pected will reveal many deficiencies which will have to
be made up before the experimental trip will be made
The road itself win not be opened TO the public
until September. Mayor Low, In com.
pany with Superintendent Martin, crossed
the Bridge and inspected the engnerooms boilers aud
stretching OF the ropes He expressed himself wen
pleased with the result
The planking the western roadway OF the Bridge
caught nre shortly before O'Clock on Monday night
within two hundred feet of the New-York tower.
Roundsman William Hayes, who patrolling the
Bridge between tho two towers first discovered the
smoke and rushed for fire extnguisher and put the
fire out Investigation showed that person riding
aoross the Bridge had thrown away the lighted stub Of
cigar which, falling between the creyice OF two planks
ignited the wood ana burned up TO the surface.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-08
twenty-fiye years Of age. and lived with his wi
and A child at No. n Lewis-st.
cIcdR.M4RERs no BE RESIs TED.

There is no change in the position of affairs among
the cigsr-makers A conference has been held be-
tween the Executive Committees of the Progressive
Union and the United Cigar Manufacturers Associ-
alton In which 1t was stated on the part OF the
Progressive Union that there was no strike IN Often
bergs shop. The Progressive men IN that shop
merely refused to work with any of the "scabs
and had thrown up their positions. The Often
berqs were at liberty, 80 far rs the union
was concerned. to employ any men that
thew chose though there had been
an understanding with Gutenberg that these men
should not be employed. or the union would not
sign the agreement This Mr.. Gutenberg denied.
The men employed by kaufman Brothers refused to
work until q woman employed by that firm was
discharged. She solved the difficulty by voluntarily
leaving work 1t is not regarded as probable now
that there will be any further difficulty although
there Is considerable feeling.
A meeting of the National Observation-Disclosures
Association was held yesterday afternoon at sixty
sxthst and Third-ave. The representatives OF about
TWENTY-FIVE firms were present, DAVID Hirsch pre-
siding. Several speeches were made, In which the
action Of the Cigar Makers Progressive Union In the
recent struggle was denounced, and IL was resolved
that some action must be taken to resist the en-
croachments of that union. A committee was APP
pointed to fix the time aud place for holding
conye alton Of manufacturers for the purpose Oh
making q stronger organization.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-08
BASEBALL NEWS.

About 1000 people assembled at the Polo
Grounds yesterday to witness the game Of baseball be-
tween the Metropolitan and Allegheny american Asso-
cation Mines There little interest In the match.
the Metropotans outpayed their opponents at every
point taking the lead In the first inning and oiding 1t
throughout Barr put In pitch for the Acghenys
but the Metropotans batted his pitching freely In
the first innings that he sent feld and
Taylor took his place. Taylors delivery was
deceving than Barrs for he batted all over the
field. The fielding OF the home nine was also good
while the general fielding Of the Allegheny nine was far
below the average creamer, second base did more
70 lose the game than to win It, Crane, Holbert,
ORourke and Dickerson carried OF the fielding honors
while Nelson Brady Roseman. Keefe and Taylor led In
the batUng The Metropoltans scored frat
Two insings, and continued 10 make until end
OF the eighth nuiug, when they had a total OF
sixteen The Aleghenys scored only run. and that
In the fourth inning Keefe pitched In good form
for the home nine Tue double play HolDert
Nelson was appauded Tue score Is as followsi
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-08
PAST PRESENT AND FUTURE or WYOMING.
From the Laramie boomerang.


Some writer has said that no portion of the
globe is nj this time full OF mighty possibilities
rich territory lying west of the Mississippi aud this as
sertion comes as near the truth as newspaper nan
was. very appropriately. termed a wilderness. Tho
coyote squatng In the shelter OF the outrageous sage
sang his tunefu lay and the cactus stood sadly in
the midst of the wide expanse OF country known
Laramie plains, with no human being TO love IL and
orphan cactus being doomed to sit in eternal silence
with kind word or look for centuries. ana with no
pants on to and nestle lovingly down upon ITS fuzzy
BOSOM Ia sad enough TO draw tears from the eyes OF
Until lately, 100, the weserner ventured the
Missouri River looked upon q curiosity and the
be loaded Within the last score Of years however
the West particularly this portion Of IT, has waltzed to
tries OF the world, and got It, too. The only
objection to farming on these plains is that the land
comes pretty high-ab0ut 5000 feet The assertion,
however that there Is always sea breeze blowing at
that elevation, just moving the leaves OF the trees and
ally, Ia false. True, sometimes whisper of wind
springs up on the starboard jb and blows about due
heavier than corner lots with big mortgages on them
Raising syD cattle %yo@nss Chief di at this writ
ing. With good branding Iron the humble ranchman
who went into the cattle business up In the Sweet
water four or five years ago with an I. q. mule and
red charcoal furnace with him. and had the brand
tied TO % rope Ho kept the Iron hot and could throw II
could gel within twenty yards Il it. He just branded
all the cattle he could fad every spring aud let nature
take her course.
tell you. pard." said old Jimmy Cannon. the guide
10 the writer recently the West has lost Its romance
Only little while ago. II me, where there
was nothing but the whoop Of the Indian and tho sc7g
OF the there railroads and churches
and commercial men, and high schools aDdthree-car'i-
monte men, and lecturers and daily newspapers and.
every little while, natural death. why, within the
past months the blasted papers tell the ruth
several men have died In wyoming of dlsease; tel
you, It looks as though us od-tmers would have to
move away. when we have TO wait for lingering dis
to snnn out it's time to light out for the rsn
tier"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-08
THE FIRE RECORD.
PICKLE HOUSE DESTROYED.

Shortly after o'clock yesterday morning,
flames were discovered issuing from the large frame
building the Pickle House, near the Harlem
Railroad station at West Mount Vernon. The re spread
rapidly and the rcmen could only protect the adjacent
properly. The building about eighty ninety feet
long and three stories high, the walls being OF brick
-Four families were occupying rooms in the building
including q Mrs. Conway and her four children, who
removed Saturday Her husband Is lying sick
OF the hospitals in this CITY, She barely escaped
from the burning buding with her little Ones but her
furniture entirely consumed The lower part OF the
building WAS occupied by George f. Fenehse, for the
Of pickles. OF which he had left OF last years
stock upward OF 100000, whIoh, together with the
used and other fixtures, estimated TO be worth
81 ,O0O for whicn Insured The building was
owned By Eymer Capslman. and insured for 5000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-08
FUNERAL OF THE sONST CHILDREN

At the bope of Philip SOnst. tho father of the
two children who were drowned in the North River
by the upsetting Of boat on Thursday night there
was touching funeral yesterday. The bodies Of
the children, Lena and George lay side by side In
two plainly ornamented collins The faces were
dark and swollen from long contact with the water
Deep scars marked the forehead of Lena, aud the
lace of the boy was also disfgured. For nearly two
hours people hled through the small room In which
the bodies lay TO look at the collins Mrs. Sonst
being invalid, lay upon couch while the
service was said by Fathers Wolf and Schwenninger
OF the German Catholic Church of the Assumption,
invest Forty -nnth-st She was not allowed 10 vie W
the remains for fear that the shock would be too
great for her to hear. The bodies were taken to
Calvary Cemetery for burial.