New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-06-03

tDOUSllI Il SUI0clHnU pUnlSHlntnG lOI tue
| committed.
| --~-----~------------~--
| Enthusiasm is Infectious. Especially with men
| of ardent and emotional natures, the hearty and
| wholesome enthusiasm for Mr.. Blaine, which is
manifested at Chicago by many OF his supporters,
must have great effect. 1t is not strange that many
of the colored delegates are Impressed. when they
| find hundreds OF men, of more cool and calculating
natures fairly boiling over with zeal for " the
man from Mane.D
Fashion is responsible for many folies but for
few sillcr freaks than the prevalent banging" OF
the tails of horses horses tail is not only highly
ornamental when properly cared for, but indispens
able to the ANIMAL. TO cut the tail short as il now
done is equally offence against good taste and
humanity. 1t is both dotc and cruel in fact 1t
sprils the appearance of the horse and it deprives
him OF the means OF brushing flies from his Hanks.
The stupid servilty which characterzcs the follow
ers of fashion never more clearly illustrated
than in the prevalence of this ugly and senseless
practice. Hundreds of fine horses may now be seen
in and around Central Park every day, made to look
awkward, ungraceful and ridiculous by this vile
docking of their tails In the of riding horses
there is some consolation in the fact that the alb
surd appearance of the poor animal is commune
Gated to the rider and that it is quite impossible for
any one to witch the world with noble hOrseman-
ship" while bestriding n creature with d" banged
tail. But the wretch who invented this detestabe
fashion was no doubt equally capable of shing-
IingD woman's head and nothing worse than
that can be imagined.
The reduction of public debt, less cash in the
Treasury falls but little below the amount in
dicated by comparison of Treasury balances. 1t Is
officially stated at Yi763, PAL 20 for the month of
May, and since July |, 1888, has been
$91 500, TIA SO. 1t would be mistake to suppose,
however that the Treasury count upon as large
a surplus under the present tariff for another year
The imports during the first six months under the
tariff Of such a sort as to be no indication
Of tho future course of commerce. With a Demo
cratic Congress, too, it is quite impossible to judge
how far apprOpr atoms may be increased or de-
creased
The Pope appears to have amassed great deal
Of misnfonnaton about the Free Masons His re-
cent encyclca concerning that fraternity described
a body as little like them they are like the sea
serpent. Now he appears to have been discussing
them again. for the benefit of the English Catholics,
with fresh burst of ignorance. For instance. he
says that Free Masonry at Its inception prob
ably mere friendly society,"; but he continues, if
this Is so, "wheTe was the necessity for the blind
obedience demanded of its vOtariesr 1t is clear
from this that the Ponth has somehow read the his
tory of Free Masonry backward The fact is that at
its inception it was something more than mere
friendly society; but that it has gradually dropped
all its graver pursuits and that it has become the
harmless, innocent and benefcent organization we
see it at present. 1t is possible that the Pope may
have been misled 10y some wicked layman or mali
cious Cardinal by enthusiastically narratives respect
ing the place Of the Goat in Free Masonry but what
he means OF thinks he means, by his remarks about
tile blind obedience demanded of its vOtares !" it
is difficult to understand. Certainly Free MasOns
can only smile at the wholly unnecessary apprc-
hensIon pressed by Leo, unless they should sus-
pcct that their wives have been enistng the intlu
ence OF the Vatican with a sinister view to the abo
liton of the Objectionable lodge" evenings
The men who were lame" and therefore
started early" made the stock market yesterday.
Anticipating an advance if the nomination of Il
strong candidate at Chicago should give assurance
of Republican success, and judging from the var
Gus reports that the nomination of Mr. Blaine was
probable. these concluded to begin buying |
without delay The incident is of interest only as a
practical demonstration of the opinion that actually
prevails in business circles. There is a most kindly
feeling toward President Arthur. but there also
secret feeling that his nomination might not sue |
cced any better than that of Mr.. Foger. On the |
other hand there is an unspOken conviction that |
lican success a certainty. The practical men of |
business, who show their real opinions more by |
their acts than by words may be much in error, |
doubtless but they perhaps likely to be right
as the politicians whose hopes of Office affect their
Judgment.
Banks have failed for thousand different |
reasons the president the cashier having usually
been made the scapegoat, but until now there has
not been a case ON record in which the directors
were responsible In fact, it has become u recog.
nized maxim i'll business circles that directors do
not direct-whateyer else they may do or leave UNI
done. But now comes President Riddle, of the
Penn Bank of Pittsburg, and asserts that his d.
rectors willie he absent sick actually involved
the bank heavily in oil speculatons that he has
never since been able to straighten its affairs. The
force of his statement is little impaired by the adj
mission that he subsequently, did get up pool in
OIL in order to force the price up and pull the bank
out of trouble. 1t is unfortunate that the public
knows nothing of the speculat.Ons which the d-
rectors are said to have permitted, but 1t does
know something of the pool which Mr.. Riddle mt
the time claimed to control.