The San Antonio light. (San Antonio, Tex.) 1883-1886, 1885-03-20
NEW YORK LETTER.
President Arthur's Investments
Mrs. Hudson Again.

From Our Special Correspondent.
NEW YoRK, March l0.--Innuguratlon
lie over and the commercial outlook Is
more suspicious; business Ia daily grow
ing, and in all directions spirit of more
confidence Is evlnced than at any time
during the past seven months. Ex-
President Arthur has turned his thoughts
now TO investing In real estate. The
other day he advanced $4,000 on some
property on Broadway. and at the
conclusion Of the years mortgage
he will probably purchase the mag
nilicent site entire. a considerable
degree Of talk Is being made about the
temperance Of Mrs Hudson, who,
about two wears ago, carried such auda-
cious swindllng operations In conjunc-
tion with her daughter Amy, work. g
the credullty Of various hotel proprie-
tors to the tune Of $4,000. Her modus
operandi you may like to know, as 1t Is
said her daughter Amy is In San Anto-
Mo intent on the same depredations her
worthy parent has just been arreste d
for. The Rev. j. -. Drysdale told me
he knew Mrs. Hudson In Boston.
where she made her appearance
aud Joined The church ana APP
purtntly was as devout Christian.
soon after, he said she preferred charges
against me for blnckmail, which in
dignantly refused. and finding that the
Investigation was useless she left the
city, leaving everyone, more or less. In
doubt. She was commencing her frauds
at the Coleman house, charging Mr..
RnHAra al ha lot al
some one stealing S7i in cash and three
rings. valued at Sll7. Her little scheme
was discovered, however, and the lady
now pines In durunce vile.
Tonight will be the last time Henry
Irving will play Louis XI. lie will play
at the Star theatre, but with this eX-
ception theatrical business Is duh this
week. Walking down Fulton street
yesterday afternoon, an amusing incl
dent occurred. In a store window was
displayed n colored Egyptian battle pic
ture. crowds surged about TO get view
oft. while the mass was most dense
stout man pressed his way toward the
centre. After quick glance at fell
low who pretended to be deeply inter-
ested in the picture, he drew back his
right arm and like flash delivered u
blow beside the ear OF the battle-scene
examiner. The receiver of the blow
scampered off In dazed state toward
Broadway. His hat was kicked toward
him, but he returned not. A benevolent
looking man who had observed the
operation inquired timidly OF the stout
man what 1t meant. "Pick-pocket" was
the laconic reply; and then, as he again
scrutinized the faces near the window,
lie remarked: "They understand that
language. 1t says STOP Go awayl'
without my speaking word. That fell
low will stay away from here longer
than he would If he were sent to the Is
land"
The trial ofthe defunct Marine bank was
to come up yesterday, and its President
James ID. Fish. Some startling develop
ments were adduced as to the manner In
which loans were made us In several in
stances. The same securities appeared
on the books MS collateral for different
loans. The positive proof has greatly
intensified the feeling Of those who suf-
fered by this inlquitous method of tinan-
ciering. A few days ago n sharp specu-
lator purchased the suits of Arctic cloth
ing obtained by the Navy Department
for the Greedy Relief expedition
al So u suit These suits
originally cost S35 each. Since his pur-
chase he has sold them nearly all to
curiosity hunters and collecting maniacs
at from $40 to $50 each. Talking of
money. great deal of talk has been ex-
cited by President Cleveland's letter,
advocating the suspension Of silver
coinage. | asked one prominent Wall
street man what his opinion was on it.
His reply was: at seemed to me some
what premature, although | believe the
the present coinage Of S2,000.000 per
month should be suspended, and thus
far agree with him."
DO you expect any disturbances in
the monetary system to result from this
continued ooinage?"
mot unless something occurs to cause
an advance In gold, in which case 1t
would be horded, and command pre-
MUM over silver. While nothing in
| furious may result from the failure OF
| Congress TO suspend the coinage Of sill
yer, the present condition Is not safe.
and ought, | think, to be changed.
believe this country requires The double
standard; but, with the silver dollar
containing enough silver to make IL
worth gold dollar, then it would be
immaterial how much was coined, and
there might be free coinage. The incOn-
venience of silver could be overcome by
Issuing certificates"
The weather Is bright and cold, but
indications show that fall of snow will
shortly take place. FABERA.