The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-08-09
ALL AROUND GOTHAM
Colonel COckerill and Mr.. Clews
Discuss the "WOrld's" Picnic.
WALL STREET WANTS A LEADER
The Two Ugliest NeD-How Charles +. Hud-
son Once Damned Tommy" Warner
Nibble at Crackers and Get a Drink.

New YORK, Aug. Especial correspond
ence SUNDAY HERALD. AN hour in Wal
street has ruined many a millionaire, but
the one / spent there yesterday was ex-
ceedingly profitable in an educational way.
Napoleon Bonaparte said he found the
crown of France lying in the gutter and
picked it up and put it on his head. Inc
crown of Wall street has been lying in the
gutter for long time, but no one dares 10
pick it up and assume the leadership.
Greenwood cemetery" said John X. Eel
lows, as / turned into the Office OF Henry
Clews, in Broad street. lis cheerful pic
mic compared to this" He meant the street,
not Clews' office. The remark seemed no
exaggeration; for the period of forty-hve
minutes between and = o'clock not single
cork was heard 10 pop III Broad street Del =
monico's. Such thing is unprecedented
and better than anything else marks the
stagnation OF the street.
Il DO not remember any exactly like
period OF stagnaticn," said Henry Clews.
a. 1 asked hun if he could point me to SIM
liar depression in tae past. 'outside OF
psnics. This, however, seems more Ike d
worlds panic than anything else; we have
sent our gold TO Europe. good many mil
Lions OF IT, and they are quietly keeping 1t
over there where il Is safe and refuse TO
lend US any assistance in return. l do
Lot think IL is being boarded on account
Cf any prospect OF war, and Tor the
very reason, indeed. that there Is such
difficulty IN assigning q definite cause for
this uneXampled stagIallol l have used
the term worlds panic When viii the
tide turn! Nobody knows. We are in q
how
lost confidence in corporate properties on
account of recent decisions OF the courts so
limiting and minimizing the responsibility
OF directors as TO put the stockholders COM
pietely al their mercy, am indeed OF the
opinion that these decisions have undoubt
eddy engendered distrust and alarmed in
vesIors. 1t is difficult 10 see just where
this drift of decisions will land owners Of
corporate property, but no doubt in this
respect matters will become worse before
they get better"
Henry Clews-nobody ever calls him
"Harry"-was as clipper while uttering
these gloomy views as If he didn't have
twelve Offices TO support, twelve rents to
pay and twelve sets of clerks to keep in
wages. The fact of the business Is that
the majority of the brokers are losing little
fortunes every week now in office rent and
running expenses which cannot be cur
tailed even although the head of the house
may not sell share of stock for a week at
time.
UGLY PoNDIR, JR.
The ugliest man IN New York hove into
view around the corner OF Wall street just
at this moment, and rendered it difficult for
the gloomiest broker to repress a smile at
the solemn and awe inspiring plaiuness of
his features. His name is John Pondlr and
he has Just lost an interesting wager. 1t
was with Isidor Wormser, as the story
goes, that Mr.. Pondir had bet case of
Mumm that he, Pendir, was not the ugliest
man in New York. Wormser, and he is no
beauty, maintained stoutly his original po-
sition that there could not be found any
where in the limits of Manhattan Island
any creature in trousers as unhandsome to
the view as old Pondir, who then stood be-
fore him. They made pretty pair as they
stood at cafe table and the wine was at
once ordered, payment to be deferred pend
ing decision.
Twill you excuse ne for five minutes, !"
said Mr.. Pondir; ''in-order to prove to you
that you lose the bet and must pay for the
wine, ] will produce here, in less than five
minutes, the man who is genuinely and un-
questionably entitled 10 the undeserved
honor you have thrust upon me.n With
that he whisked out Of the door. Long be-
fore the five minutes was up Pondir, ST..
returned, arm in arm with Pondir, jr.
The latter was presented with dignified
empressment TO Mr.. Wormser and to the
others in the group. Wormser made no
further opposition to settling for the wine.
He acknowledged the corn. Pondir, ST., is
only the ugliest man in New York when
Pondir, ir., is not around.
CRYING FOR A LEADER.
Of the great operators left in Wall
street, two have, to marked extent the
qualities of leadership. They are Washing
ION L CounOr and IamaS y Kaana Rot n
are experienced men. in the prime of life,
of marked ability and personal popularity.
Now, it is a curious thing but nevertheless
true that real Wall street leader must
have the reputation OF being a square man
in MS personal dealings, else he cannot at
tract and hold following. Wall street is
crying for q leader, but neither Common nor
keene can do anything just now. They
must bide their time, husband their re-
sources and look for the fog TO lift |
passed George Crouch and group of
friends in Sam Boocock's Office. Crouch
was at the tape and dashed down the paper
serpent as If it were real venomous rep
tile. at is hard to tell where we are:
said he, land that reminds me of the story
of the blockade runner from Nassau to
Charleston. This was in the early sixties
and the skipper of the blockade runner
was dare devil who cared for nothing
He was well loaded and it meant fortune
for him to get safe TO port. Just of shore
a cruiser popped into view and hailed him
twice. The blockade runner clapped On all
steam and ran ahead, however, regardless
of the consequences, the fog in the mean
time having so thickened that the cruiser
was soon lost 10 view and the sound OF
breakers could be heard at no great dis
tance off either bow. In the press of hurry
TO escape, the skipper had forgotten that he
was short of coal and be had barely lost
ma in "a fOu uhap
came up TO him and said: We'll, captain
here we are' Yes replied the captain,
here we are, but where the hill are wep
And SO il is with the street; we know we
are here, but we do not know where we
stand"
COLLECTORS RUsE.
Charles ]. Hudson, dark, slender, active
man OF marked energy and a recently
elected governor OF the stock exchange
passed me with some of the same alertness
which no doubt laid the foundation OF his
fortune. | do not think the story has been
printed. and il is a good one. Hudson was
collector for Knox, the halter, when he
started life. He had bill for hat against
"Tommy'' Warner, blood of the street in
those Gays, say fifteen years ago. So
hnoxs boy used 10 rush around after
Warner and his employers other creditors
ana was frequently seen in Wall street.
He used TO go into the Office of SAM
Mills quite often, generally in search of
Warner. Mills was then one of Mr.. Gould's
brokers and an active man in the street.
Said he one day to Hudson:
you'll never get that money from
Warner; you're only wasting your time"
"Yes, j will,' said Hudson, land I'll
prove it to you"
swell, !" said Mills, anybody who can COL
lect that debt is 8 daisy: if you ever get
that money from Warner, you come and let
ne know, will your And this big. coed