The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1884-11-20

saeonss II go. 900. 0iviag AAokay 500.
600 cat II tAss - ~ vesld Asvs nAls
fairly scsa isvStnsst tAcssA The steel
ef ssvspApsrs Is - insecure sevsdsys tbs
the visdom Of the arrangement b doubt
fnl However BE- bad 10 do Il or s@um
The responsibility Of the Cable Compan.
and big lawsuit ss veil
Mr. Mscksy. vhs il shrswdes busis~s
msa than Mr., Bsaselt. insisted. 90 th'
cendisisp Of his gsinw into the Herald
that the price Of the paper should h 70
stored 10 three cents Afisr the election
Bennett. altar so.e parIsyiss. consented
Msckay representing that snch . nov
would restore the good Aumor Of the new
dealers ssd snd this senselcss var viii
them.
When Bennett came back be consultss
Nth George Jones Of the Times whether
they could not make simultassous retur,
to three cenis, the price Of the Times sssl
TO BE- four. however, Mr.. Jones expressed
himself A. agreeable to the proposition
which. in return. led TO the latter going
into the Mutual News Company il cen
nsciion with the Macksy and the Bennett
crowd.
II begins to look ~ il Msokay and Ben
nett find their cable project nnch more Of
: white elephant than II was thought il
could DO. There ID going TO be bitter
war vpgsd by Gould against Il. and cable
tolls for the nextsix or twelve months will
probably be regulated by the lengths Of
the respective purses Of Jay Gould and
Mackay. Bennett will hardly count in tho
fight. and II 10 not unlikely that before
long he will have to sell another slice Of
the Herald 10 keep in the swim. An en-
minent editor Of one Of the most impor.
tant western papers was in The Journalist
Office the other day, and in conversation
ever this matter said: "Bsnnett will meet
tho fate Of pretty nearly all men who 60
out with BLOOD in their eye. spelling for ;
fight He conceived the cable project in
piqus and anger 1t Gould. and went head.
long into IL before no realized for one
moment what the probable outcome would
be. ! have always noticed in my own
career, that when looked for . fight !
get 1t, and generally got the worst Of it.
Too, unless / was sensible enough TO with.
draw in time, Bennett did not have that
'ense. and God knows where this will all
ind for him, because no mercy will be
shown him on the other side. was talk
ng with Gould tive days since and he told
ne very plainly that bis intention was to
yet aside two OF the cables, with which TO
light the new commercial cable. Even
hen be will have four or Ave left. He does
lot think Mackay, who has never been in
his sort OF business before, and whose in.
'estments in postal and other telegrsphio
schemes have already been much larger
han no ever bargained for. will care to
Ieep up the contest very long. From the
ak / had with Gould, Igained the gsner-
Il impression that the man lie is after is
Bennett. He would give few Of bis
Millions TO break Bennett down, and the
after Aas given him the opportunity he
las long been seeking. As long as Bennett
las kept to the Herald and abused Gould
he strength remained with him, but when
10 went outside OF that to meat Gould in
he field that belonged to him above all
'the msa, Bennett laid the cerner stone Of
he edefice Of his own ruin. You may think
hat these opinions about him are some.
THAT radical, but they are no more 80 than
iould's intentions. He has hated Bennett
utterly for the last three or four years"
When Mackay and Gould. with the nat
ral instinct Of capitalists, make an alliance
md get Bennett between them it will be
uestion Of very short time before they
,anish him out Of existence. What would
be founder OF the Herald have done with
hat paper il he had supposed that any
ne but James Gordon Bennett, or the i'm
Mediate issue Of his stock, should ever
ONE into the possession OF the great jour.
lal he had brought into existence? As.
essmsnts upoa the stock Of the CONNER.
ial Cable Company are sure to come soon
+ or later. Bennett, who now must live
pom two-tbirds Of the Heralds in.
ems instead OF upon the whole. will nat
rally have no more money than he has
ow. He is spendthrift BY nature and
y education. and he cannot draw 10 on
hess Instincts. As he has parted with one
bird Of his paper, he will so.part with the
ther two thirds.
The Mscbiavel Of Wall street. IL lie
oes not already own the Herald himself,
i'll have the satisfaction # taking it out
the hands Of the man who ut one time
TO be bis ruin The whirligig
time has brought about NO more mar.
slous change tIisn this 10 the history OIL
lew York journalism. But there is NO
to be extended to Bennett. for
. is as much OF fool as bis father WAS a
enius. New York Journalist.
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Clipped from the Canada Pes6yfe-
ian, under signature OF Z. Bracket
obipsop. Prom | was cured of oft