New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1883-08-29

CARS ON THE BROOKLYN BRIDGE.
A LADY's ADVENTURE.
New YORK, August "a, 1883.
The Republican State Commit
tee of New York has met, and Sc
lected Richfeld Springs, as the
meeting place of the Convention
which is to begin its work on the
18th Of September. A number of
places made strong bids to the
Committee. particularly Saratoga.
but Richfield Springs outbid them
all. The deliberations Of the Com.
mittee were marked by the most
Thorough good feeling and a deter.
mination to bury all spirit Of fac
ton and disharmony, and there is
no doubt that by the 18th of next
month, the delegates from this CT
ty will 60 to the Convention with
the best of feeling towards each
other aud with the determination
to do anything for the party's
best.
Tilden and Kelly are flirting with
each other like pair of giddy
young people. First Sammy init
mates that he had always admired
| Mr.. Kelly's noble character. Then
'Honest john intimates through
his organ that harmony must be
aroused at the Democratic camp at
any price. Next Mr.. Kelly comes
down from the Grand Union Ho-
tel at Saratoga and summons the
Tammany braves to the council
fire. Meanwhile Sammy slips off
to Saratoga, and instead of stop.
ping at the United States Hotel
where he has always sojournea he
goes to the Grand Union. Kelly is
to leave for Saratoga again this ev-
ening. "What's in the wind!"
says every politician. It is evident
that these two arch enemies are
cooking up some plan by which
each means to use the other and
then stab him in the back after
wards. Such a love feast reminds
one strongly Of the poisoned ban
quets of the Borgias.
The panic in Wall Street, which
in previous letters I have forecast,
has come sooner than it was ex-
pected, but fortunately everybody
was looking out for squalls, and
thus all financial ships scudded
along under as little canvass as was
possible. The air however is not
clear yet, and the storm is not yet
appeased with the sacrifice Of the
two victims Ballou & Co., and
Stedman & Co., which it received.
If the market does not soon assume
some defined character other fail
ures are sure to follow. Much
sympathy is felt for the mem bers
of both the above firms, for they
were both old established houses
and their dealings were character
lied by genuine old fashioned bust.
aess methods and integrity. Bal
lou & Co. tried to steady themselves
by straddling the market, but this
device, usually one of safety on this
occasion only fastened the collapse
which lett them high ard dry. Mr..
Stedman's losses were brought
about by the indisc, etions Of his
son, young fellow of twenty-four
years, who thought he knew more
about financial operations than his
father, and launched out boldly at
time when every body else sought
to make port. Everybody has the
utmost sympathy wish the old gen.
tleman, who in the evening of his
days finds that the fruits of his
labor of life are struck with
blight.
It has become quite the proper
thing for almost every business to
have an exchange. Besides the
Stock, Mining, Produce and Cotton
Exchanges, we have a Butter,
Cheese and Egg, Metal aud all
sorts of Exchanges. We are now
to have Distilled Liquor or Wits.
key Exchange. A number Of lead
ing brokers in liquor got up the
movement, all organization has
been effected aud will he begun in a
week or two. At present there is
really no fixed price for liquors.
The object of the exchange is to
est; blish regular quotations as we'll
as to crowd out adulterated and bad
liquors. This Exchange is a good
idea and there is no doubt that
it will prove a success. Seats at
present. have been sold for 500.
There is no doubt that in a few
weeks they will double in value.
'sWhen will you begin running
the cars on the Brooklyn Bridget
[ asked Of Col. Paine, the chief en-
glner.
81 can't tell you,' was the reply.
'"There are SO many things to be
looked after that it is hard to pre-