The New York Herald Newspaper, October 31, 1873, Page 5

THE MONETARY SITUATION, | Inc:dents of tng General Fi- F ‘nancial Distress. SUSPENSION OF HOYT, SPRAGUE & CO. What Mr. Hoyt Has to Say on the Sub- ject and What “the Street” Says. Other Events in the Current Course of Trade, The suspension of Hoyt, Sprague & Co., an- mounced carly yesterday morning, in spite of the more favorable reports of their condition and that of the parent house at Frovidence, A. & W. Sprague, came upon the street yesterday witha peculiar chill, The embarrassment of these two eoncerns has been known for some time and fears of their suspension very currently reported. The extensive business of the houses, their wide- spread connections and the enormous capital em- ployed in their business, all, of course, gave the slightest hint of their difficulty a gravity exceed- tng that of any event since this unfortunate period Of financial distress first set in. Many rumors are a@foat respecting the immediate cause of yester- @ay’s action, which is in some quarters attributed to influences other than those directly belonging to the existing panicky condition of affairs, Ru- mors of this kind are of course to be TAKEN WITH LARGE UNCERTAINTY}; but where they point tothe mitigation of evils Ukely to flow as results from a magnified cause they deserve due consideration. ‘The firm here are yet unprepared to make any statement of their condition at this time, further than that which has already appeared, that the joint assets of the two houses—that here and the Providence house—ex- ceed their joint liabilities by $11,000,000, A fuller statement is promised in the course of a few days, There is that in the present condition of the money market and the prevailing distrust to account for this suspension purely upon legitimate grounds, &s a natural result of recent abnormal movements im respect to currency that interrupted col- Jections and so disarranged the whole Machinery of trade. But it is likewise Femembered in this connection of an ancient rivalry in the fair Providence plantations between two great houses there—the one representing the aristocratic sentiment of the State and the other its democratic progressive instincts. Without going into the merits of this antagonism it may be pointed out that while the Spragues repre- ®ented the manufacturing interests o! the State Sheir opponents controlled the banking interests. Xt was certainly the opportunity of the latter just at this time, but how or whether that opportunity hhas been used has yet to appear. MR, HOYT, WHO WAS VISITED YESTERDAY BY A HERALD REPORTER, made no reference to this phase ot their difficul- ties, aithough ‘the street’ had quickly employed a enforcea leisure in gossip of this kind, ir. Hoyt politely declined to make any Getailed explanation of their existing em- Darrassment, but, in answer to the general uiry, said he attributed the suspension of Hoyt, Sprague & Co. to the general derange- ment of trade. He further said that a statement of the condition of the suspended firm was in prepara- tion, and would be puviished in a (ew days. The mount of their paper heid in this city is estimated at $2,000,000; but this cannot be told certainly until ‘heir statement appears, ‘Their paper, it is stated, has s0ld freely because of the reputation of the signers, but recently at a large discount in conse- = of the amount offered. The following infor- tion comes from Providence in this connection :— it is understood that A. & W. Sprague DO NOT SUSPEND, twithstanding the failure of the New York use, Upon application at the office o! Messrs. the information is furnished that tvestigation into the al- fairs of the W. Sprague Manufacturing Company, appointed by representatives of the city banks, wul Prepared at a meeting to be held this mornin; to make a report which, it Is thought, will be highly satistactory to the creditors of A. & ‘W. Sprague anda Hoyt, Sprague & Co. The sur- . of available property, at a low valuation, over outstanding liabilities, upon the acceptance of Hoyt, Sprague & Co., it is stated, will be not less than $11,000,000. A plan will be presented at the meeting, accompanied with a detailed report of the situation of the firm, which will, ivis believed, pay eel out, render the embarrassment of A. & . Sprague and Hoyt, Sprague & Co., of temporary tion. The only other feature of interest on the street iterday, outside of the regular market move- te Was Of minor importance, viz. :— Whe Suspension of Lloyd, Hamilton & Co. @ banking house, doing business at No. 48 Exchange place. The same reason that has produced suspen- sion elsewhere, was given here on inquiry—viz., ‘the inability of the house to realize on collaterals with suiicient rapidity to meet current demands, ‘Their statement {s also promised in the course of a day or two. The Suspension of Mattman, Schmid & Co., @ produce commission house, No. 82 Water street, ‘was announced yesterday. Mr. Schmidt stated that this suspension was but temporary, and con- ected with operations on the other side, which + Schmidt explained involved a question of con- tract as between shippers here and receivers there. He expected to resume in a few days. The Union Trust Company. ‘The officers of the Union Trust Company furnish the following report from minutes.of their meet- ing, held yesterday :— At a meeting of the Board of Trustees of the Union Trust Company, held at their office, in tne city of New York, October 80, 1873, the following resolutions were adopted :— It appearing from a further examination of the affairs of the company that the capital of the company remains Waimpaired, with a considerable surplus; therefore, on set iat tp taken at 80) a at steps en at once to reorganize th @ompany and resume business, - , On motion of Mr. A. A. Low, Resolved, That, in the judgment of this board, the press of cnr city is charged with avast. responability. it’ has ‘the power to mitigate the prevalent distrust or to in- crease, intensify and extend the general alarm. It can cheer and ald ‘efforts that are made to restore iost conti- dence, or it can do much to discourage and thwart those efforts; and hence, in the judgment of this board, the Journals of this city will command the highest degree of = pect See eratade on the pare ae Ge com. nm columns are employed to r) sustain and not to pull down and destroy. Otpiris The present officers and committees of the com- pany then tendered their resignation, with a view @ reorganization of the company; alter which the following resolutions were adopted :— Resolved, That the capital of this compan hereby increased to the amount of $200,000 | ition of $1,000,000 to the present Rog da of the company, pipe additional capital shail be divided Into shares of each. solved, That the additional capital provided for in the Preceding resolution be offered, until the 15th day of ber, 1873, to the present stockholders of this com- pany in sach manner that each of the present stockholi- ry of the company shall be offered so much of said ad- Gitional stock as such present stockholder now holds of the present stock of the company. Resolved. That iwenty-dve per cent of the additional stock provided for in the preceding resolution id on or before November 2), 1873; he and is by the ad- r cent shail be payable at the call of the ler December 1, 1873, upon thirty days’ notice, 4, That in ease ‘any portion of the aid adic fional eapital stock shall not be taken by the present eeenpartt oe. the 15th day of Nevember, 187%, that the be offered the puolic and books of sabscrip- Ir. company will resnme its ordinar; rn the lat day of December, a. committee of three, coneisting of Messrs. Whitewrignt, McLean and Forsyth, was appointed to take measures to di m af the com, ld up the increased capital pany. A committee of three, consisting of . Chit bias Low ana Willian, was siso appointen on reorganization of the compa JAMES FORS ‘H, Secretary. Sliver R. mption. ‘The Assistant Treasurer paid ont $250 in silver eoin yesterday. The following table shows the rel- ative value here and in Europe of our various sliver coins :— Frac. 7 Mia,| Honat | sence Pieces,| Dollar. Currency value at whieh nis rokers “ ra $1.06) $1.08F — $1.081¢ 1.183936 J ghe intringia ysing tm old apearding to the NEW YORK HERALD, FRIDAY, OCTOBER 31, 1873.—TRIPLE SHEET. uaropean legal standard of 1 to 15%, is that watch controls the exportation of our ie and silver coins. Silver, at the above intrinsic values, and gold at par, equally advantageous for export * except that gold tq transported by the meamere | trige leas eee alight nee silver, of ich we have staked 10 accoun at which t rokera woted aifver is a8 follows:—Dimes, ma The premix yesterday , ters and hayes, 3 to 4; new trade dollar, 12 to per cen. r ‘ STOKES AFTER THE VERDICT. A Talk with Stokes. Yesterday quite a number of persons visite” Stokes, in bis cell op the lower floor of the Tombs. Among the number were a great many ladies, who came to congratulate the prisoner on the result of the trial. He was also called upon by @ HERALD reporter, who conversed with him for a few mo- ments in regard to what he thought about his last trial, Stokes said that he had no complaint to make of any one, but he believed that the judge's charge had been made unnecessarily severe. He said that there were nine of the jury for acquittal, and that but one man on the jury was in favor of conviction for murder throughout the trial, The verdict was @ compromise one, he knew, as the majority o1 the jururs did not want to be locked up or kept away from their families. And Stokes did not think that the jury believed him to be guilty of premeditated murder, and he did not wish to discuss the verdict, “Yet, said Stokes, “Whatever is tocomeT will bear. 1 could not believe that Cras could convict me of a crime which I never could have committed; and I can only say that my case from beginning to end has been misrepresented and falsified, and sometimes I have to ask myself, Where did all the lies come from, and what have I done to the peopie who have manufactured them to injure me?” Stokes then bade the reporter good day, and the conversation ended. The prisoner is looking worn, but much better than at any time during the last twenty-two months, which must have been heavy ones for him. His mother and several ladjes of his family have called upon him since his case has been decided, and Stokes seems to wear a more calm and quiet look than has been observed upon him for two years. He speaks very highly of the efforts made by his counsel, and declares that he is tired of the tumult and tear of the last two bee Stokes is not as strong as when he entered te prison, but he has improved vastly within the last twenty-four hours, Why tha Verdict Was Rendered—A Herald Reporter Among the Jurymen,. A reporter of the HERALD was yesterday de- spatched in search of the several members of the late jury which rendered the remarkable verdict in the Stokes trial. Mr, John Crossley, Jr., was found at his store on Sixth avenne. He received the reporter cour- teously, and expressed his willingness to give any information which would not confict with prom- ises made by the entire jury. In general terms he could say that the verdict rendered was the only one whicn could be arrived at. It resolved itself into “manslaughter in the fourth degree or a disagreement’? about ten o’clock. There was a ballot taken immediately after the jury left the court room, and it was at once apparent that the verdict of the twelve men could not be “murder in the first degree.” Then, after some little discussion, a similar attempt was made to ascertain the sense of the jury on a ver- dict in the second degree. The result was only to farther mix up matters and divide the jury. We felt our responsibility and were all desirous of dis- posing of this case, which had been in the courts for so long @ time. We were determined to agree upon some, verdict 80 as to get the case out of the courts, Those in favor of the death penalty were per- suaded out of their finding only with the desire of preventing the prisoner frem going entirely un- punished, as would have been the case had the Jury disagreed once or twice more, ‘The various degrees of mansiaugbter were then taken up and discussed. The Judge had instructed that we could only find the prisoner guilty in the third or fourth degree. There were a great many speeches Imade, and many of them were exceed- ingly able for business men, whose time is not given to oratory. Well, to make the story short, we at last agreed to come to a de- cision on the verdict which was rendered. It was Temarkable what an effect the new testimony of the defence had upon the jury asa whole, There was a reasonable doubt; the prisoner got the full benefit of it, Edward 8. Calhoun was found at No. 362 Broad- Way, and although addressed in a respectful man- ner by the reporter, saw fit to reply in a very dis- courteous manner that if the HERALD desired any iniormation the reporter had better go to the fore- man of the jury. The reporter thanked the man for the advice and leit, Charles G. Peters could not be found, although he Was sought for at his New street office and at his Tesidence in Madison avenue. Jacob Metz was found on the third floor of No. 86 Reade street. He received the reporter in a gentlemanly manner, and declared that he could Only say that the verdict rendered by the jury was the very best which could be secured. The public would not receive the decision very favorably he supposed, but they would justify the jury in time and see that there was nothing else to be done. He was willing, he said, to abide the final judgment of public opinion. loratio W. Gray and Joseph Henek couid not be found, although the reporter calied both at their houses and places of business. Joseph S. Winston was found at the top of a comin factory, after climbing a long, dark series of stairways. When addressed on the subject the maker Of cofins laid his finger on his nose after the 1ost approved Blue Beard fashion, and, retir- ing within the line of dignity which a man is supposed to assume when he feels that his profes- sion has lost a job, remarked, “I have nothing to Say.” James Delos Centre makes a complete and un- equivocal denial of the entire list of charges made against him, He says that he was collecting billa from his regular customers, As for being drunk he declares that he would not be fool enough to do such a thing atsuchatime. He has made an aMdavit to the above effect, which bas been placed in the hands of the District Attorney. William L. Sandiord was not to be found at his place of business, on Broadway, near Thirty-third street, and, after atrip to the house of Thoinas W. Bartholemew, on Fifty-fifth street, the reporter succeeded no better, Robert Porter, of No. 111 Nassau street, posi- tively declined to say anything regarding the pro- ceedings in the jury room. MEDICAL REUNION. Annual Dinner of the Alumni Associa- tion of the Bellevue Hospital Medical College. The annual dinner of the Alumni Association of the Bellevue Hospital Medical College took place at Deimonico’s, Fifth avenue and Fourteenth street, last evening. Professor Lusk presided and about 160 members were present. Dinner was served at about eight o’clock, when the Rev. Dr. Beach gave the compe 2 Alter the edibles and viands had been disposed of the following interesting programme of toasts was carried out:— “Our Alma Mater.” Responded to with a a “The Faculty,” Responded to by Proteser A. B. Crosby. “Kindred Associations — Grateful chil mothers Responded to by Dr. Leaning en °f loving or Trastees—Kve 0 xuar of the college.” By Dr. EH, Chapin, Pest interests * Religio-Medico—The preacher and the practitioner; their i vary, their aims akin.” Responded to by ov. Dr. Potter. “Law and Medicine—Twin guardians of life makes dear.” Responded to by WW. Phete ae at “Liberal Culture—ure foundation of protessional ex: cellence.” Responded to by Chancellor Grosby, “Metical Men and Literature—Practitioners in both humanities.” Respodded to bz 6, C. Stedman, “Medical ‘Press—The paper currency among the pro- fession, may itever be us good a6 gold.” Responded vo ‘The speecties made by the several speakers were very interesting, the spirit of an after-dinner speech prevailing in nearly every instance. The company separated at a late hour, after enjoying @ very pleasant reunion, OOMPTROLLER'S RECEIPTS, Comptroller Green reports the following amounts paid yesterday into the treasury, FROM RECEIVER OF TAXES, Receipts of taxes of 1873, about. BUREAU OF ARREARS, Arrears of taxes, assessments, water interest... bUnkAG oF OitY Market rents and fees. Ce BURKAU OF WATER RROLSTIA Creton water rents and penaltie: od ENGINERN INC Sale of Scotch sewer pi Connections with sewer: Licenses, Mayor's office DEFARTNENT OF PUBLIC PARKS, Rentof buildings and sales of stuff, De Public Parks. DEPARTMENT OF PUBLIO WoRKa, Commissioner Van Nort, of the Department of Public Works, has transmitted to the Buard of As- sessors the certificates of the cost of the following improvements, in order that the assessments therefor may be made :— Underground Pitty-sewer igen arene bey chingion py a peg tne genni Se eo Fatah. 1,406 it arocunng toe 21,005, tape ncaanaainis seeasgansne-andiennceaaas GD SA, THE LABOR PANIC. A * - Ynterviews with Mechanics and Laborers and Prominent Manufacturers—The Carriage Makers, Piano Makers, Sewing Ma- chine Men, Iron Workers, Brick- layers and Masons—A BRe- duction of Wages and Number of Work- men Anticipated. There were some important developments in the labor question yesterday. A HERALD reporter conversed with some of tne leading manufac- turers of the city, and also with mechanics and laborers who may be considered representative men of their respective classes, It will be seen, from the statement given below, that the depression caused by the panic is spreading among many of the trades, and 18 likely to affect many of the work- ingmen of New York seriously. A leading machine manufacturer stated that business in the machine line had been very dull ever since the panic. “Wages mustcome down,” he exclaimed, “and all the trades must follow in the movement, 1 think you will find that the va- rious iron works will all reduce the rate of wages, even if they do not dismiss a large part of their force.” A well known builder and contractor, who Was present at the interview, said, “Yes, tnat’s trae; there’s very little done in building, for in- Stance; money is too scarce and _PEOPLE WON’? INVEST THEIR MONEY money in new buiidings in consequence.” Several bricklayers working at the new building in Broadway, at the corner of Dey Btrect, and at other buildings in course 01 construction, said that @ great many bricklayers were being discharged in various parts of the city, One of them, an officer of one of the pricklayers’ associations, gave his views in regard to the proposed reduction of the wages ef bricklayers. ‘There’s some talk of a re- duction,” he said, “butit’s hard to say what the result will be. The present wages are $4 a day, and some of the employers talk of reducing them to $3.50 irom next Monday. I think the brick- layers would resist this reduction, however, although a great many of them are out of work.” One of the officers of the Stone Mason's Soctety said:—“The employers are not discharging any stone cutters, A builder in Eighty-first street dis- charged all his stone cutters from his new row of houses, although they were quite finished, with the exception of the stoops. He said the panic HAD BREN TOO MUCH FOR HIM, “At present there are not very many stone masons out of work, but Iam afraid there will be hundreds and hundreds ere many days. Their wages range now from $4 to $4 50 a day.”” A builder in the Mechanics and Traders’ Ex- change, in Murray street, said:—‘There is not more than half the work doing this fall of what there was last season in consequence of this frightful scarcity of money. I have heard that the wages of almost all mechanics, carpenters, &c., are to be reduced a half a dollar in November. No one, of course, Can tell at this moment whether this will actually be done.” The Singer Sewing Machine Company employ about 3,600 hands in this city. It wasiadeed an important question whether this vast force would be dismissed in oes ae ofthe “hard times.’ Mr. Hopper, the President of the company, stated that they would neither reduce their force nor cut down the wages, Their trade was largely foreign, which gave them an advantage over other manu- facturers. They were about to remove their es- tablishments to Elizabethport, but this would not throw any men out of emp! aie as most of them would probably remove to Elizabethport, The re- moval would be ACCOMPLISHED IN THREE MONTHS. First one department would be removed, then another, and another, and each department would be closed for only one week. The panic had not affected their business, with this exception only— that all the people to whom they were owing money came rushing up after them. The average wages of the men in their employment were $15 a week, of the girls $9 a week. Mr. A. Weber, the piano manufacturer, said that he employed 315 men, but that he bad put them ull on half time since a week by last Monday. This reduced their average pay from $26 to $13 a week, but as most of them had quite respectable accounts in the savings banks, they would bear it easily. Yesterday he started again, with a number of his men, on three-quarter time. He did not expect to dischal any of his men this winter, as they could not be easily replaced by others. ‘he great trouble was that collections had become more difti- cult ever since the panic, and it was no longer ad- visable to give credit in most cases. The present hours of work were from cight A. M. till one P. M. Mr. Weber gave it his opinion that about 800 or 1,000 planomakers were out of work, @ much larger number than usual. Just at this time, he added, there ougnt to be VERY FEW OUT OF WORK, as the period irom now to the Ist of January was the one in which they generally did the best busi- ness, There are about 6,000 men in the carriage trade. One of the leading carriage manufacturers of the city—in fact of the United States—was called upon ana gave a very interesting statement in re- rd to the effect of the panic upon this particular frude. He said a great many men had been dis- charged during the last three we ks and that prob- ably one-half out of the 5,0.0 workmen in the car- riage trade were now out of employment. He himself had discharged 800 men, It was very aim- cult, indeed, to collect any money. There had as yet been no reduction of wages; but they would certainly have to be cut down if the present “nard times” continued—there was no doubt of it, The present average earnings of the workmen were about $20 a week, and the reduction would prob- ably be twenty per cent. He did not think that the workmen would resist this reduction; in fact, he was convinced tuat in almost all the trades the workmen would be glad to get work this winter at reduced rates. Brooks Bros., in Union square, were also called upon. Mr. Brooks said that there had been A LARGE REDUCTION OF THE FORCH of the wholesale clothing establishment. but not of that of the retail, They had neither discharged any of their employés nor cut down their wages in anticipation of a fair trade this fall. The panic had affected themin the number of their sales. There was always a reduction of workmen in clothing establishments at this season of the year, but beyond this he had not reduced the number of his men, If the present depression in trade con- tinued there would, in his opinion, be a very large reduction of the number of men and of their wages in the clothing establishments of this city. The Architectural lron Works, in Fourteenth street, near avenue B, employ 800 men and have not discharged any of their workmen in conse- quence of the panic. Mr. Badger, the President, ‘Was out of town, but one of the other officials said | that the company had met with some severe “crawbacks” but had, happily, overcome them. He thought the iron trade would be very dull this winter. The number of iron workers in the city he estimated at about 8,000 and half of them were now out of employment. The superintendent of the establishment said there would probably be A HEAVY REDUCTION OF WAGES, Rs ge twenty-five per cent, during this winter. me of the establishments would, proba- bly, put their men on three-quarter time in No- vember, and, at the same time, reduce the rate of wages from fifteen to twenty-five per cent. At present the a’ Alig 4 earnings of the iron workers were $3 a day, but they would probably be cut down to $2 day during the winter. The manu- facturers would be compelled to make this reduc- tion, in order to save themselves from the general crasl The Morgan Iron Works, at the foot of Tenth Street, Kast River, were also visited. Mr. John Roach was not in, but the cashier said that none ofthe menin his employ had as yet been dis- charged, nor had their wages been cut down. About 1,000 men were employed in these works. “We won’t reduce onr force this winter,” he said, “put shall probably make a reduction of wages in common with other manufacturers, When we are full of work and the men want an increase they are not at all delicate in demanaing it, and I don’t see why we should be. The reduction of wages Will probably not be made BEFORE THE 1ST OF DECEMBER. There are about 2,500 steam engine tron workers in the city. Not many of them are out of employment, with the exception of some who have lately come to New York trom adjacent country towns. This will be a very auli winter for the trade, excepting only those whe have previous contracts on hand. Our mechanics aver about $16 a week and laborers $11 4 week. T thin’ me of the other establishments will re- duce their force in two or three weeks,” WESTCHESTER ANNEXATION. The Joint Committee on the Annexation to New York of the towns of Westchester, Morrisania and Kingsbridge, of Westchester county, held another session yesterday afternoon at the Astor House, Joneph Godwin presicing and Colonel George P. Weoster acting F secretary. ee Colonel Webster, Chairman of the Committee on the Organization of the City, reported that ar- Frangements had been made by which twenty-one members of their organization should attend to the twenty-one Assembly districts on election day, nd that volunteers had been procured to look ‘after the voting in each election it nounced further an Colonel tat the committee of whtch eves chairman had had assurances from Mnanimity that tion of the Wes hester ns. In executive session the Joint Committee per. formed a good deai of routine Work, and adjourned ‘1 meet avain to dav. DEERFOOT DRIVING PARK. Third Day of the Fall Trotting Meet- ing—Ben Smith the Winner of the Postponed 2:34 Race and Farmer Boy the Three Minute Purse—Tho 2:30 Class Postponed After Three Heats. ‘There waé a large attendance at Deerfoot Driv- ing Park yesterday afternoon, the crowd being drawn together by the number and character of the races on hand, The first of these was the un- finishea purse of Wednesday, the 2:34 class, and the betting before the Mfth heat was Farmer Boy $40, the ficld $24. Mr. McMahon's bay mare Ella Millard won the fliith heat and then she became the favorite at $30to $21 over the flela, The sixth and seventh heats and the race were won by Ben Smith, The following 19 & com- plete SUMMARY. DeeRFoor DkIvING PARK, NAR BROOKLYN, L, I, October 29 and 30, 187$—Skconp AND THIRD DAYS OF THE SECOND FALL TROTTING MKETIN Purse of $300, for horses that never beat 2: mile beats, best three in five, in haruess; $140 to the first, $80 to the second, $50 to the third and $20 to the foarth horse. Judges —— James Dougrey, Jr.'s gr. g. Ben Smith....... ee seseene woe 64711 William McMahon’s b.m. Ella Millard ..... eeees 231122 William E, Weeks’ gr. g. Farmer Boy (formerly Goidie).........2 116 56 ro. J. H. Phillips’ br. g. Happy Join 3 3 2 6 2 ro. Peter Clark’s bik. g. Joe Clark..8 9924 5r0, L. 8. Saminis’ s. g. Port Wash- +4458 8r0 +6648 8rnO George Walker’s b. m, Lady ADDIC....+..+.+5 see T 787 9 10, Benjamin Wileon’s b. m, Carrie. 9 8 7 9 6 1.0. E, A, Heard’s b. g. John... ar, M. R. Mellingor’s ch. g. Break O! Day....eeseee ecece GPs TIME. Quarter, Hay, 10 31% a: 39) 1:19 1:19 ih 406 11 1:19 After the sixth heat in the 2:34 race the Judges, upon complaint of several gentiemen, desired to displace Mr. Weeks and substitute another driver, the necessary $50 being subscribed. Mr. Weeks was obstinate, and would not allow any driver, excepting those which he named, to getup behind Farmer Boy. The jadges then de- clared all bets and pools off, and would not allow Farmer Boy to again start, So much Jor the obstl- nacy of drivers! On the regular programme was the purse of $150 for horses that never beat three minutes, mile heats, best three in five, in harness, Entered for this were sixteen horses, seven of which came to the post. UMMARY, 8 DEERFOOT DRIVING PARK, NEAR BROOKLYN, L. I., October 30, 1873—TniRD Day OF THE SECOND FALL TROTTING MEETING.—Purse of $160, for horses that never beat three minutes; mile heats, best three in five, in harness; $75 to the firat, $40 to the second, $20 to the third and $15 to. the fourth horse. Sobaees Heary, Corr, Charies Oakley and A. Wig- am. L. 8S. Sammis’ s, g. Farmer Boy 5111 Peter Mance’s b. m. | Guess So 1266 E. E. Carpenter's bik. g. Jim. +3326 Dan Mace’s b. g. Huskey Boy. -2444 Charles Pratt's ch. g. Sterling. 45232 Wuliam Thoms’ br. g. Phil O'Neil, 6653 Owner’s br. m. Bessie........ ~7 7 dis, Ledger Girl, Willie Law, ve, Josie, Pollie Stewart, Enterprise, Guess Yt, Tommy Moore and Jack Frost were withdrawn. 122036 3 234824 Following the three minute race was the 2:30 class, for & purse of $400. ‘There were seven entries, five of which came to the score. Spotted Colt won the first and second heats, and Mary A. Whitney the third heat. Then darkness came on and the contest was postponed until to-day, at half-past two o’clock. So far as progressed the following is a SUMMARY. Same Day.—Purse of $400, for horees that never | beat 2:30; mile heats, vest three in five, in harness, | dudges—Hienry Corr, Charles Uakicy and A, Wig- am. C. M. B, Coin’s sp. g. Spotted Colt... Peter Manee’s b. m. Mary A. Whitney, J. Hi. Phillips’ gr. g. Jack Draper. A. J, Feek's b. g. Clothespin... Dan Mace’s gr. m. Heather Bloom. James Dougrey’s gr. g. Ben Smith. TIME Quarter, Half. First heat.......0. 0+. 8739 1:15 Second heat 39 LT ‘Third heat. 40 1:17 2:34 During the alterncon Mr. McMahon speeded around the track Mr. Richard Walters’ bay stallion uy, Mambrino Pilot, dam a Star mare, five years old and 154g hands high. The action of this was universally admired, TROTTING AT BABYLON, L. L Crown Prince Defeats Young Bruno. ‘The trot between Harker’s Young Bruno and Ferguson’s Crown Prince, which took place yester- day over the Suffolk Driving Park, Babylon, L. I., attracted but few spectators, the day being decid- edly unfavorable, with frequent showers of rain, Before the start Crown Prince had the call in the betting, nor were his backers disappointed, as he won the money easy in three straight heats, SUMMARY, SUFFOLK DRIVING PARK, BABYLON, L. I., October 80, pelea ese Van Cott, Conley and Ritterbock, Purse and stake $760; mile heats, three in five, in harness, G. N. Ferguson’s gr. g. Crown Prince. ard 2 C, S. Green’s br. g. Young Bruno..... 222 TIME. Quarter. Hay. Mile, First heat..... 39 1 2:27 34 Second beat. Third heat.. 38 1 87 PROSPECT PARK PAIR GROUNDS. Lady Pell Wins the Match of $500. About 100 persons assembled at the Prospect Park Fair Grounds yesterday afternoon to witness the match for $500 between Hiram Howe’s sorrel mare Lady Pell and B Snedeker’s bay geiding Ruby, to wagon, mile heats, best three in five, no betting. SUMMARY. PROSPECT PARK FAIR GROUNDS, NEAR BROOKLYN, L, L, Oct. 30, 1873.—Mateh of $600, mile heats, best three in five, to yack. H. W. Howe’s 8. m. Lady Pell B. Snedeker’s b. g. Ruby. TM Da 2dis. First heat. we Second neat, 45 | PITTSBURG RACES. Prrrspura, Pa., Oct. 30, 1873. ‘The second day of the fall meeting of the Friend- ship Park was marked by a very large attendance, the main stands being filled to overfowing, though the weather was bleak and cold. The event of to- day was @ trot between Goldsmith Maid and Glos- ter for @ purse of $3,000. The track was quite heavy, betng the result of rains during the early days of the week. The first, second and third heats were taken by Goldsmith Maid, Gloster only mak- ing a good display in last heat. The best time made ‘was 2:25, in the second heat, which was considered good, When the condition of the track is taken into consideration, Time of the other heats, 2:35—2 3394. MUSICAL AND DRAMATIC NOTES, Gounod’s Faust” has prodaced a great effect at the Teatro Apollo, Rome, where La Singer is the Marguerite, Mr. Edwin Booth’s engagement at Booth’s Thea- tre begins on Monday. Mr. Booth has just finished an engagement at the Boston Theatre which 1 claimed a8 the greatest since the theatre was built. Mr. George Belmore, the English actor who was to appear at the Lyceum Theatre, will arrive in the city in @ day or two, He issaid to be a good actor, and will be disappointed upon his arrival to learn of the failare of his managers, On Monday next a performance will be given at Barnum’s Show, the gross receipts of which are to goto the aid of the Momphis sufferers by yellow fever. The exhibition is to be @ full one in every respect and the object is very worthy, Last night Lortzing’s cemic opera, “Der Waffen- schmied,” was produced at the Germania Theatre. The prthelpal parts were sung by Mile, Rinoldi, Mme. Horn and Mesers. Schuetz and Kracty, On the 10th of November, Schiller’s birthday, the poet's play of “The Robbers” will be produced at the Germania, M. Sardou, the Paris journals amirm, is prepar- ing no less than five pieces for this winter :—1, “Les Merveillenses,” for the Varietés; 2 “Jaoqe- Ine,” for the Gymnase; 8 “Les Tricoteuses,” for the Porte-St. Martin; 4 “L’omctier de Fortune,” for the Gafté; and 6, “L’oncle Sam,” for the Vaude- ville, Of all these the first and last only are com- sted; the others have bean scascey besrume orse | There was | THE BLACKBOARD MARTYR. Relief for Mr. Nast Pouring In from the Masses—The Wation’s Rebuke to Ungrateful Employers, New York, Oct. 29, 1873, To THE EpiTor OF THE HeRaLy:— In your tasue to-day you terminate an editorial on ‘Thomas Nast and his Neglected Genius” with saying, “A man who sings and dances ‘Shoo Fly’ 80 brilliantly can do something better.” ‘This in reference to Dan Bryant, whom you use in ituus- tration of the article aforesaid. If you mean something better by way of mere achievement on his part I grant you, but if that something better includes both his own execution and the resulis | thereof, I dissent. No person can do any- thing better in this world than ac- complish what he aims at, and as Dan Bryant's aim is to divert and amuse, and as he is pre-eminently successiul in the accomplishment. Of that aim, and “Shoo Fiy’’ one of his best efforts thereto, it naturally follows that Dan Bryant can- not do “something better” than sing and dance “Shoo Fly,” unless, perchance, it be some other things tn the same line which he does so inimitably. Perhaps you, mean he might aim at something better. Well, he might, and he might fail; would fail, most undoubtedly; for J] have an abiding faith in the natural underlying taw of gravitation tbat impels people, soon or late, into the very Places they are best fitted to fill, °. Next comes the question as to whether there can be a better aim than the one of diverting peo- ple—setting them at peace with themselves and the Wo urning the gall and wormwood of the day’s distresses into the honey of unaffected good nature and seli-lorgetiulness, and sending them home in better humor than when they left, In my opinion the man who can do this successfully and at the same time respecttully—that is, without ever verging on the downright vulgar—or once descending to that lower order of grotesqueness where the double entendre of act and speech makes the better half of the audience wish they ‘“hado’t come,” and which most minstrels seem to think 16 the soul of art and wit, too, that man has not only done the best of which he is capable, but the best of which any man is capable—aimea at the highest possible good to humanity and accomplished his aim. That man is Dan Bryant. Whether this aim was intentional or not 18 another question; probably not; for as Festus says:—We neither mean the good we do nor ill; but whether designedly or not, certain it is that Dan Bryant’s régime— perhaps we had better call him Dr. Bryant—is a r better one for the cure of sick souls and bad tempers than any known to either the phar- mace or the litargist; and if half the churches in New York were turned into free minstrel halls with a Dan Bryant’s genius to control and conduct them all, New York would be a far better city on the surface, and with less crime and misery at bottom, than it will ever be by any other method, Make people laugh often and heartily, by respecta- ble means, and all the evils o! their lives grow less by half—hunger becomes less keen, cold less sting- ing, pain of all sorts less acute and the contempla- tion of crime further and further away with each Tepetition of the taugh. ‘Try it, on ye in authority, who tax the people to build places of punishment for them! Prevention is better than cure; but the trouble ig to start the laugh. It costs something to be able to laugh, as things are at present; hence free Minstrel halls; and minstrel halls, because no other kind of entertamment possesses the same merits for the purpose. I have spoken thus of Dan Bryant—aside from answering your assertion—be- cause he 18 the only representative of negro minstrelsy who holds his profession and tmper- sonations to the highest standard of which they are capable; and Irepeat that the man who en- nobles a proiession, and at the same time benefits humanity, has done the best he can do just simpiy because there is nothing better to be done. Re- spectially, 8S. F.N. A Helper of Genius. To THe EDITOR OF THE HERALD :— Tenclose you @ $1 bill for the relief of Mr. Nast. If the late Jim Fisk were alive and reduced to the same condition of impecuniosity as tnis young artist I should do the same. I recognize in both characters the native principle of genius, and struggling genius 1am pledged to succor, To read aright and cater in a bold and novel style to the longings of a people is to show genius, It was thus Napoleon the great made himeeif the idol of the French nation, and who will say that Jim Fisk had not his thousands of admirers among that class, so especialiy large in our country and generation, who love to come by a coup at wealth and all that wealth commands, We had among us no artist like Tenpiel, of the Loudon Punch, until Nast came upon the boards, and, a ee he is not by a means the equal of his mdon prototype in the fine con- ception, delicate as the shades of an aurora and the finished execution, he excels him io bold simplicity oi caricature. The bootbiack or newsboy can understand Nast. It takes educa- tion and intelligence to appreciate Tenniel. We are Dot an artistic people, hor are our tastes by any means refined. Nast must know this, and, with the eye of genius, gives us what has just enough of the appearance of great art to convey in its most striking form a point that the public mind is most sensitive to receive. Nast knows the public he has to cater for, and that Knowledge and the practical application of it in his proiession reveals his genius. ET. 8. A Dimely Sympathizer. To THE EDITOR OF THE HERALD:— Allow an humble sympathizer in the need of one of the world’s greatest caricaturists add his mite to his relief. J enclose ten cents, HOBOKEN, The Native Helping the Adopted. Sourn NoRwALx, Conn., Oct, 30, 1873. To THE EDITOR OF THE HERALD :— Your timely suggestions in reference to the ‘“neg- lected genius” of our land and time must awaken responsive echoes from the Atlantic to the Pacific slopes, AS @ Hawbuck of tne Nutmeg State I | claim @ hearing in this cause. If those whom | Nast has served faith/ully are silent, let the masses speak. If Grant cannot grant him a pension he might at least furnish him | auoualiy with Shurtz. The cold compliment |; of @ dinner is no adequate recompense; he should have ofiered full voard, and not Bee a the artist to go about with a “board” (and black at that) over a aney that has already been sufficiently bored. Should chronic impecuni- osity be a bar against charitable inspiration and expression? Surely the Fret HgRALD of the | world will proclaim no such doctrine; and there- fore I do not hesitate to enclose a specimen of fractional currency (ten cents) asa subscription to the Nast fund. Because Nast is a foreigner it should work Do prejudice. Only 243 years ago my ancestor was a foreigner on this free shore, and so Nast may feel drawn towards me though he may never draw me. Your constant reader, H. G, REVEEHC. An Anecdotic Philanthropist. ‘ro THE EpiToR OF THE HERALD, I beg leave to enclose hezewith a twenty-five cent staiwp with the respectful request that it be added to the fund of Mr. T. Nast, and the sugges- tion that it may be used to replenish the stock of smut he has used to blacken certain religious and political institutions of his adopted country. A man was once brought to Henry IV., who at filteen paces distance never missed impaling a green pea upon the point of a needle by blowing i through a small reed. He had employed several years ip acquiring this surprising skill and, en- couraged by showing it before the King, counted largely upon receiving @ truly royal reward, as the Béarnais seemed amused by bis performance. “Give him @ bushel of green peas,” said Hen. age. Respectiully &c., MOT. A Blackboard Sustainer Puts His Money Down, New York, Oct. 30, 1873, To THE EpiTor or THE Heratp: Though occupying a bumble position in life, Iam nevertheless an ardent admirer of genius, no mat- ter in whatever shape it is copnas (always ex- cepting a confidence man), and to that end enclose mite to the Nast fund (ten cents), the receipt of which you will please acknowledge, I only regret that my impecunious state will fot permit my contributing more. EASEL, An Admirer Paying on Account. New York, Oct. 29, 1873, To THe EpiTor or THE HERALD:— 1 do not think thas becanse Mr. Nast chooses to earn his living by “going round the country like a showman” his genius loses any of its force. He has a right to do this if he likes it. But ifthe American public owe him anything he should be saved from the necessity of working in this way. I sincerely believe we owe him agreat deal. This is why 1 send $4 for the fund you have started. B,J. Ay A Colored Brother's Mite. To THE EpiTor oF THE HERALD:— For the fund in aid of Mr. Nast, who has done & Fate Man’s work and should mot be ieit to want, down twenty cents f0m ORED WAITER, New Yous, Oct, 90, 1878. He s. & Brother Artist. To THE Eprror oF THE HERALD :— A collection in our shop (house painters) for the Obiect of heyaine,g brother artist. Mr, Nast. hae [V., Whom we all know a8 an appreciative person- | 5 i made a total of $2 ¢2. Please acknowledge it ag follows:—James Hart, 50 cents; 10 cents; Isaac Pollard, 60 cents? oe Leeunete 50 cents; Mark J. Hunter, 25 cents; John Stapletow (boy), 2 cents; self, 75 SEAM CLINTON, New Yor, Oct. 30, 1873, o Benen Contributions to the Nast fund previo acknowledged, $6 25, P - THE STOKES JURY. — A Citizen’s Appreciation of Their Worth, To THE EDITOR OF THE HERALD:— I was just on the point of enclosing ten cents for the relief of the gentleman who did such noble Work for the republican party in the “Journal of Civilization,” but on reading Pond editorial headed “Hanging Played Out for the Rich,”? I changed my mind, and concluded to devote the money to & nobler purpose. Please, therefore, divide the en- closed among the twelve inteiligent and merciful “good men and true” who discharged their duty 80 nobly on the Stokes trial. NAL GRATITUDE, FREEHOLD. THE FIRE AT The Losses and InsurancemA Great Havoc Among the Best Buildings of the Town, FREENOLD, N. J., Oct. 30, 1873, The most disastrous tire ever known in the Memory of the oidest inhabitants in this section of New Jersey occurred here yesterday, resulting in the demolition of the Court House and a number of stores situated on the principal street of the town. The Court House was an old revolutionary land- mark, having stood the storms of a century and was held sacred as being often visited by George Washington during the days of blooay strife on the battle fleld of Monmouth. At about half-past twelve o’clock yesterday morning the flames were first discovered issuing from a printing oMce, which soon spread to the adjacent houses, The inhabitants turned out en masse and worked with might and perseverance; but, owing to the absence of fire engines and apparatus, their efforts were unavailing to stop the progress of the fire. There is but one hand engine and hose in the town, which, with the aid of hand buckets, were the only extit hing facilities available. The fire spread rapidly and in a short time the Court House was ablaze, where It wound up after burning for over five hours. The scene being in the most populons part, it was at one time feared that the whole town would be destroyed. The roof of the Court Rouse came down with @ terrific crash, and the walls bein, brick the flames were confined within them an prevented from communicating further, The wind was in @ favorable quarter. Six prisoners were incarcerated in the jail (attached to the Court House), but did not escape. No assistance could be commanded nearer than Trenton or New Bruns- wick, each thirty miles distant. The losses are estimated at $200,000, partially in- sured, the detalis being as follows :— Court House, $80,000; insured for $30,000. Frode Burts, “ary goods, $18,000; insared for Post Ofice, $400, Inquirer newspaper office, $10,000; insured for $1,000, Hartshorne's furniture store, $7,000; insured for 000, In lawyer Haight’s office valuable papers were destroyed. Conover & Thompson, clothing, $15,000; insured for hans an: Bendle, dry goods, $30,000; insured for 1,000, Vredenburg’s law office and library and Colonet Yousivg private residence, $10,000; insured for 5 Swartz’s law office, sewing machine and den- tistry stores were torn down to prevent the prog- ress of the fire. The Surrogate’s and County Clerk’s offices, the Sheriffs residence in the Court House, the County Prison and law offices and J. L. Howell’s and Robert F. Stockton’s places were damaged. Throngs of people from other parts of the State flocked in all day, visiting the ruins and expressing much regret. PROTESTANT EPISCOPAL MISSION—MEET- ING IN BROOKLYN. The Protestant Episcopal Board of Missions hay. ing concluded their annual sessions in New York, a general meeting was held in St. Ann’s church, Brooklyn, last evening. About eight bishops and a dozen presbyters in canonicals satin the chancel, Bishop Littlejohn presided; and, after a brief ser- vice, the Bishop welcomed the strangers to Brook- lyn, and introduced as the first speaker the Bishop of Iowa, who remarked that what we want to-day is the missionary heart, but if we have the spint of Christ, we have the missionary heart. The mis- sionary cause, he said, is the cause of the conver- sion of the world to God. And this must be accomplished through God’s people and His promises are the measure of our duty. We, the Bishop said, are @ pure branch of God’s Church in the primitive and apostolic succession, and we can go forward in the name of the Lord and pos- sess the land, for there is much land yet to be possessed. Our field of labor ts the world. And what a field is here presented for the Church among the freedmen in our own land. Look at the 6,000,000 bowed down under the delusions of Spiritualism in our country. Bishop leepihetilid Pennsylvania, remarked that the Church, the pel, the ministry and the insti- tations of the Gospel are for the world, and the work of the Church cannot therefore be confined within narrower limits than the Gospel. Speaking more especially in behalf of fore! missions, the Bishop said that the reason the Prot- estant Episcopal Church had come up so strongly during the last thirty or forty years is that it has within that time reached out {ts hands toward the heathen. It is now & missionary church, Answering the objection as w the httie accomplished by missions, he remarkea that the Church had already received a thousand fold for all its outlay. He pointed to the mission work done in Greece, in China, Japan and Africa, and said that if the Protestant Episcopal Charch had done nothing more than give the ld Testament in the Manaarin tongue to the Chinese Empire it would have deserved the thanks of Cnristendom. He re- gretted that the laborers in these vast fields num- bered less than one hundred. Bishop Whipple, of Minnesota, ke tonchingly respecting missions among the Indians of the Northwest, where he has gathered nine Indian churches and confirmed more than 300 adult. converts, There are, however, three great dificul- ties in the way of missions among the Indians— contact with white men, the deception of traders and agents and the bad faith of the government. ‘They ask ifthe Jesus the missionaries offer asa Saviour is the same that the white men swear by when they are angry. There are 1,000 Indians in the Santee mission, living and dressing as white men, and carrying on agficuitural and mauufac- turing business, and the Bishop asked for them the prayers, the sympathy and the material aid of the Church people here, Bishop Clarkson, of Nebraska, spoke in behalf of Western frontier mission work. Addresses were also made by Bishop Huntington, of Central New York, and Bishop Hare, of Nebraska, alter which the meeting adjourned, ST. DOMINGO, The Amnesty to the Insurgents—Porto Plata Finances. By way of St Thomas, under date of the 17th of October, we have the following news from St. Domingo :— General Caceras, Vice President of the Republic und Commander-in-Chief in the Cibao, issued an appeal under date of September 30, addressed to: the insurgent chieis Polanco, Culazan, Soza and Crespo, offering an amnesty and adjuring them to return to their allegiance. None have yet accepted, fearing, it is said, feenehatt The public finances of Porto Plata are very low. Governor Gonzales iy got mene for money and on! $4000. This, 1t is said, will not cover what he is personally responsible for. There has been no late Sghting, and the whole territory is at present quiet. NEWS PROM BUENOS AYRES, By mail from South America we have our Buenos. Ayres files, dated to the 14th of September, The journals supply the following 1tems of news :— The three men who were hired to assassinate President Sarmiento are in custody. They persist in their statements that they were employed by a man whom they knew only by the name of Achilles, but this mystertous scoundrel remains yet undis- vered. eerie. war in Eutre Rtos gives signs of an early collapse. Jordan’s forces have been routed on every occasion when they have come in contact ‘with the national troo| id his men Im several laces have mutinied and surrendered themselves: y whole detachments. ‘Both the perpetrators of the horrors connected with the murder of Mr. and Miss Souvham, Englisty settlers, are in custody, aud are to be brought to ee ai aire hag ret from Paragui id an ok gated ae tyes Car eaeteae ie question frontiers being still leit We have bad news from Pee, about the conditi f and as BR Sonn. the Engl secretary ot which he himself con ‘® handsome Many members of the St. Patrick’s Society took up the case Our iriends in the hewe of tha country and