The New York Herald Newspaper, April 14, 1874, Page 8

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

8 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR, THE DAILY HERALD, published every day in the year, Four cents per copy, Annual subscription | price $12. All business or news letters and telegraphic | despatches must be addressed New Your | xravp. Rejected communications will not be re- turned. Letters and packages should be properly | sealed. eee LONDON OFFICE OF THE NEW YORK HERALD—NO, 46 FLEET STREET. Subscriptions and Advertisements will be | received and forwarded on the same terms | as in New York, Volume XXXIX... DALY'S FIFTH AVEN nty-eighth street and Bro $3 ALPHONSE, at8 F. M.; closes at 10:30 P. . Miss Ad Dyas, Miss Favuy Davenport, Mr. Fisher, Mr. Lewis, THEATRE COMIQUE. ; jo. 54. Broadway.—VARJETY ENTERTAINMENT, at 8 Mj closes at 10:30 P.M. BOOTH'S THEATRE, Sixth avenue and Twenty-third street.—ZIP, at 75 P. M.; closes ac 1045 P.M. Louta. WALLACK'S THEATRE Broadway and Thirtietn, street THE VETERAN, at 8 PM; closes at I P.M. Mr Lester Wallack,” Miss Jeffreys Lewis. MRS, CONWAY'S BROOKLYN THEATRE, Washington street, near Fulton street, Brooklyn.— CONNIE SOOGAT, ats P. M.; closes atl P.M. Mr. and Mra. Barney Williams. OLYMPIC THEATRE, Broadway, between Houston and Bieecker streets.— VAUDEVILLE and NOVELTY ENTLRTAINMEN), at 7:45 P.M. ; closes at 10:45 P. M, GRAND OPERA HOUSE, Fignth avenue and Twenty-third street.—EILEEN OGE, ese P. SL; closes atl P.M. Mr. and Mrs. Florence. BROADWAY THEATRE, Broadway, opposite Washington Piace.—HUMPTY Duary Y AT HOME, &c., at 8 ¥. M.; closes at li P. M. ‘ox. BROOKLYN PARK THEATRE, opposite City Hall, Brooklyn.—LA MARJOLAINE, at 8 P.M; cloes atl P.M. Fanny Foster. BOWERY THEATRE, Bowery ~THE LITTL& Di TECTIVE, and VARIETY ENTERTAINMENT. Begins at 8 P. M.; closes at 11 P.M. METROPOLITAN THEATRE, No. 585 Broadway.—VARIETY ENTERTAINMENT, at 7:45 VM. ; closes at 10:3) P.M. NIBLO’S GARDEN, Broadway. between Prince ani Houston streets. —DAVY GeOOKEr!, até P.M; closes at 10:30 P.M. Mr. Frank ayo. LYCEUM THEATRE, Fourwenth street, near Sixth avenue. Folly, at 8 P. M.; closes at 11 P. M. —Grand Parisian WOOD'S MUSEUM, corner of Thirtieth stres HAND. at? P.M.; closes at 4:3) P. M SOLDIER OF FORTUNE, at 8 P. Mr. and Mrs, E. L. DAVENPO. Broaaw: <THE HID’ a ST. MARC, ‘M.; closes at 10:30 P.M. RT, PARK THEATRE, Broadway and Twenty-seventh sireet.-LOVE’S PEN. ANCE, at5 P.M. ; closes at i P. M. GERMANIA THEATRE, Resrtegneh street, near Irving piace.—KIN GEADELTER UFMANNS, atS P. M.;closesat lh P.M.” TONY PASTOR'S OPERA HOUSE, jo. WL Bowery.—V ARIETY ENTERYVAINMENT, at 8 >, .; closes at lf P. M. pane nty f TRELSY we ats be COLOSSEUM, corner ot Thirty-ftth street—PARIS BY Broadway JOON LIGHT, at 1 ¥. M.; closes at6 P.M. Same at7 P. ‘MM. ; cloves at 1) P.M. QUADRUPLE SHEET. New York, Tuesday, April 14, 1874. OPERA HOUSF, Sixth avenue.—-NEGRO MIN- closes at 10 P.M. are that the weather to-day will be cloudy and | rainy. ASrep Towazps THE Franxrne Prrvi.ecEr.— | The action of the House of Representatives | yesterday, in authorizing the free circulation | of newspapers through the mails in the coun- ties where published, is objectionable princi- | pally as paving the way for the re-enactment pf the franking privilege. The free circulation | of newspapers in the counties where they are | published is convenience to people gener- ally; but it is nota matter of sufficient im- portance to be allowed to become an entering wedge tor the renewal of the old abuses. Drsreess or THE Evrorr’s StzERnacE Passex- oxns.—Nearly two hundred of the passengers rescued from the steamer Europe and brought yesterday to New York on the Greece are destitute of clothing and means, everything being lost except what covered them. The | French steamship company, which engaged to bring them to this country, ought to pro- vide, and that promptly, for their relief. But pur charitable citizens shopld not neglect this tase of suffering. What these people want most, and immediately, is clothing, and there | tre thousands of well-to-do citizens who have cast off garments which might be given, and which would be thankfully received. These | immigrants are at Castle Garden and can be tasily reached. Who will move in this char- itable matter? Tue Great Excuse Boat Race between Oxford and Cambridge, an account of which was forwarded to us by telegraph and spread before our readers, is invested with additional Interest in the graphic correspondence pub- lished to-day. The details will prove espe- cially interesting to American oarsmen, who of late years have paid more attention than formerly to this manly sport. Tae AtapaMa Awagp anp THE Ixsvnaxce Compantes.—It appears from the Washington Gespatches published to-day that the House Judiciary Committee at a special meeting yesterday, and after o protracted discussion, decided to insert a section in the Geneva Award bill to pay insurance companies the smount of their war premiums on vessels destroyed by the Confederate cruisers. We sre not informed what the majority was, as the despatch simply states that a majority voted for this section. Other matters remain to be considered, still it is thought the com- | mittce will be ready to report on the bill to the House next week. Should Congress pass the Measure as it will be reported, with the section feferred to, there will be little money left, we presume, for anything else. The insurance companies insured on war risks, and, there- fore, must have been pretty well paid by the tnsurers, This ought to be considered by and the award be distributed upon a | out of employment a month or two months | terests will be protected. There of equity. However, we must wait | and see his little ones come to the verge of | much scandal about the moiety sysem that the report ij made before deciding upon merits, Charles Fechter. | | | NEW YUKK HERALD, TUESDAY, APRIL 14, 1874.—-QUADRUPLE SHEET. Creditor and Debtor Classes—How the Demagogues Propose to Relieve the People. One of the facts in finance upon which in- fiationists and their opponents thoroughly agree, and upon which there seems to be no ence of opinion, is that inflation is for the benefit of debtors as against creditors. It is dollars or less on a mortgage, or if he owes a thousand, or two or ten thousand dollars a year as interest on a mortgage, or if a West- ern corporation owes any given sum as in- terest on railroad bonds held in an Eastern city, all these sums respectively are payable in legal tenders; and any law that increases the quantity of legal tenders, as it thereby makes them of less value, or, in other words, ‘‘cheaper,” lightens the burden of the debtor. With the produce of his farm, his fifty bushels of wheat or can get a larger number of paper dollars; but | these paper dollars are a legal tender for their | nominal value, and will go just as far in pay- ing the interest or the principal of the debt as they would if they were worth as much again in the farmer’s produce. And this is the way that men who are sent to Congress, who are supposed to represent the honesty, the wis- dom and the general probity of the people, propose to relieve one class at the expense of another. It is not, however, a new proposi- tion. Almost in the earliest ages of civil society the same cry was heard, and if there is one monotonous tone in history it is this clamor of the debtor classes to be relieved of their obligations to their creditors. It is a strange reflection upon the boasted intelli- gence and progress of the world, upon the presumed superior honesty and morality of the Christian ages, that in this most advanced | of them all an intelligent people should clamor for just such relief by law as the Romans | clamored for in the early days of their Re- public. Inflation is, therefore, ostensibly and profess- edly for the relief of the debtor classes; but who are the debtors in this country and who are the creditors? Here isa point in which | may be seen the wide difference between the | modern and the ancient world in the relations | of the two classes. In this country the cred- itors are the poor. No class is so distinctly | and unquestionably the creditor class as the laborers—men, wowen or children who live by | daily, woekly or monthly wages. It is the | same whether the recipient of wages is a farm laborer ora bank clerk; whether it bea factory girl or a dressmaker’s apprentice; a ship car- penter or a type setter; if he is in the receipt borer was a slave, and the only creditor who appeared in that system was the | large landowner to whom the small farmer quently the Roman laws for extinguishing debts were laws which really relieved the poor farmer from his obligations to the rich land- owner. Evidently the analogy of that system has misled many into the notion that these are the only classes who bear in any extensive de- | gree the relations of debtor and creditor. In | our country also the farmer owes his rent and | the householder owes his rent; but unless | these obligations are in the form of a mortgage | the law for the inflation of the currency does | not relieve them; for the paper money cannot | be made cheap faster than the landlord can | raise his rent, as the people have already dis- | covered. Tenants, therefore, on ordinary leases, are not of the class of debtors who are | to be relieved by the laws proposed in Con- gress. Holders of mortgages are the only | clusses of tenants who are relieved by such | laws, and for these and in their interest the | clamor is now made. But what proportion does this class of cred- itors bear to the other class indicated? Only | asmallone. This is a poor man’s country, and the vast mass of the people live by the | labor of their hands. In no other country is | this the case in anything like the same degree. | Within the experience of the present genera- } tion the accumulation of great fortunes has | begun in this country also, but it is altogether a new fact. Fabulous stories were told some | | years ago of the wealth of John Jacob Astor, at | a time when, perhaps, that gentleman's fortune | was moderate compared with a number that we | know to have been accumulated since; but it j was certainly very great by comparison with | the wealth of the large proportion of our so- called rich men in that day. Though accu- | ' mulation has begun, however, it has not touched the fact that the people at large live by their labor, and not, as has been stated, by independent labor on their own farms or in | their own workshops, but in a far greater | degree by labor at wages. And these laborers | are the true creditor classes at whose expense Congress proposes to relieve the debtors who | are the employers of these creditors. Let us | suppose the owner of a foundry has a hundred men in his employ, to whom he pays weekly, | | say, twenty dollars each, in paper money. At the present price of money these twenty dol- lars will buy meat or coal or groceries to the | value of $17 60. If the law that has already passed the Senate for the relief of debtors— that is, for the relief of this poor, oppressed foundry owner, who is compelled to pay out | ‘two thousand dollars every week to those | | bloated capitalists and atrocious creditors, his | one hundred laborers—if that law passes the | Honse and is signed by the President every dollar paid to these workmen will be immedi- ately worth just one-eighth of its face less than it is worth now. That is to say, the men who now get twenty dollars which will buy coal or meat to the value of $17 60, will thea get twenty dollars that will be worth two dollars and a half less than they | are now, and will only buy in any market meat or coal worth $15 10. How will | it be with the foundry owner as to the | ‘value of his money? Will not the change in the value affect him injuriously? Not at | | all, He has an article to sell in the open | | market, and as money becomes cheaper he | simply increases the price of what he sells | and gets more of the cheap money, Well, the | | workman sells an article also—he sells labor | | to the foundryman. Can not he demand a higher price too? Certainly he can, and he may get it if he can afford to strike and to be | starvation. This is literay and precisely the way in | dispute whatever, because there is no differ- | conceded that if a man owes twenty thousand | his two or three head of cattle, this debtor | could not always pay his rent, and conse- | | of “each little world,”’ each ship's daily life, | tides in the harbor, the clearances, the arrivals | records the travellers on his higkway. Our | record of the perils of the sea. These disasters | effective way, commending the Hrnaxp to the | manceuvring to oppress the people while they say it if they will. It is true, nevertheless, nations that have suffered from the miseries | | of paper money should impress upon the | minds of the people. _Itis a truth, we believe, | also fully within the capacity of the people. | They can comprehend it as clearly as they can | any simple rule of arithmetic, and so surely | as they do comprehend it they will have their | reckoning with the demagogues and with that | | corrupt party that now nominally governs the | country, We do not for a moment as- | sent that, whoever is injured or whoever | is relieved, the inflation of the country | is just or right or honest, or anything but a | public villany, an outrage and a wrong, the | Jess excusable because only our own national honor stands in the way of our doing it. But we believe that the people are apathetic and indifferent because they believe that somes | how it will be an advantage to them and an | | | injury only to the rich if to any one. They have accepted this view from the demagogues. | It cannot be denied that there are rich men to whom inflation will prove an injury, and that there is a class of creditors who are compara- | tively poor men and whom it will relieve; but | these are few in number by comparison with | | that largest class in the country, the people | | who work for wages. By comparison with | these the men to be relieved are a miserable minority, and relief to this minority is to be | purchased by oppression of every laboring man or woman—an oppression that will re- duce them to the extremity of distress. And this oppression is inflicted deliberately, in the | hope to utilize the popular distress by leading the whole people to assent to repudiation. | Oar Shipping * News. } Our readers may find some interest, as | a matter of journalism, in one feature of | this journal which is simply ‘a daily his- | tory of the sea—our shipping news. A few | days ago we published a statistical table | showing that over 30,000 American and for- | eign vessels enter our Atlantic ports annually, while about the same number have clearances. Two-thirds of these vessels are foreign bot- | toms, showing that foreigners carry freight | much cheaper than ourselves, and proy- |ing that we, who were t a few! | years ago the best shipbuilders and | | most enterprising merchants in the | | world, have deteriorated so that American ‘ : 4 | commercial prestige is slowly but surely | of weekly or daily pay he is the ultimate | ¥ | creditor, and the employer is the sie ms se paginces Aon be debtor. In the ancient world the Ia- | S07 9n¢ iF nob in Pisce tong | foreign bottoms. Of all the commerce | carried on along the Atlantic seaboard, of | a domestic or foreign character, at least | one-third centres hero. Our statistics show | that, during the year 1873, 5,740 vessels, domes- tic and foreign, arrived at this port from for- | eign ports via Sandy Hook; while 4,277 Ameri- can vessels (the coasting trade) passed the | same point bound in. There passed Hell Gate | inward bound, during the same period, 10,000 | vessels, while 9,657 are reported as having | sailed for Eastern ports, principally laden | with coal. It will thus be seen that between 250 and 300 vessels a day do business with this port, sailing on the average with an ag- gregate of 6,000 people engaged in the busi- | ness of the sea—to say nothing of the passen- gers. This, the most perilous of all lives, requires @ faithful daily bulletin, giving the movements its successes, misfortunes and adventures. Thus, for instance, a single issue of the Herarp | recently contained five columns of shipping news in agate, giving the minutest particulars | of the departures of ocean steamships; of the at this port; of the vessels that passed: through Hell Gate, bound South and East; a summary of marine correspondence and marine disasters; vessels spoken at sea; our exclusive cable shipping news, tele- graphed every day from our London office; a column of American vessels arriving at and sailing from foreign ports; telegraphic reports from the principal American ports on the Atlantic seaboard, presenting an accurate daily record of our shipping. A brief analysis of this matter and a statement of the means by which it is obtained and edited would prove the surpassing value of marine intelligence, The greatest care and accuracy must be ob- served in making up the dates of departures of ocean steamers, with their ports of destina- tion. The clearances, arrival and departures are reported by the Hrraup steam yachts and Herratp Whitestone Telegraph line, and re- | corded as faithfully as the tollgate keeper marine correspondence is abundant from all quarters of the seaboard; and we here take occasion to say that, should any merchants or | shippers have marine information of interast, they have only to forward it to this office and it will be inserted. Our record of marine dis- asters, gathered from all sources, is a perfect average eighteen daily the year round, and form a perpetual panorama of the life and ad- ventures ot the daring and unselfish man who go down to the sea in ships. It is scarcely necessary to refer to our special cable shipping news, which we print exclu- sively at a vast expense. This department speaks for itself in a silent, modest, but | merchant and shipper as an invaluable record and guide. A Pru.to Anorisn Moreties was introduced in the House of Representatives by My. Wood, of New York, and was referred to thp Com- mittee on Ways and Means. It is a seeping measure, and forbids any moieties or perqui- sites being paid or received by any ong in the government service, and repeals.all provisions of law under which moieties or perjuisites have been paid. It is made a felony, vith the penalty of imprisonment and fine, fr any | officer or agent of the government td receive money in the settlement of claims of the | United States under the customs law. The till provides also for protecting mérchants from unnecessary annoyance and blickmail, while at the same time the government in- been so some measure to remedy the evil wil proba- bly be passed } which the laws now debated in Congress will | Operate upon the working classes, the great | mass of the people of this nation. Let the | demagogues and rascally lawmakers who are | are making pretty afid touching specches in | favor ot the people's interests—let them gain- | yesterday, after a stormy passage of nineteen and it isa truth that the whole experience of | | his vessel was put on board. The Egypt, an- | stormy sea and under considerable difficulties. | One steamship coming to the rescue of another | timely assistance. The thrilling story of the | be relied upon for sustaining the honorable | | and even glorious name with which, in a ! and to-night our citizens will have a theatrical | novelty of the first class in the production of | theatres could not command success, they | the Lyceum, the Academy of Music, as | in their respective classes. At Wallack’s we | great grandparents; but the works of an | author whose name has been heard so | in the taste of the day or not, to be presented | opera in the city would be well consulted by | of the Steamer Greece and Story of the Europe. The long and anxiously looked for steam- ship Greeco, of the National line, with the passengers and crew of the French steamship Europe, abandoned at sea, arrived at this port Arrival days. We publish in another part of the paper interesting details of the accident to the Europe, the rescue of those on board and the voyage of the Greece. Considering that the Europe was two days afloat with the prize crew from the Greece aboard before this crew was taken on board the Egypt and the Europe finally abandoned, it does not appear that the sunken vessel was in such a desperate condition ‘as was supposed when the captain and crew left her. At any rate, she was not so dis- | abled, fortunately, as to prevent all on board being saved, as well as the mails. There were three hundred and seventy-four souls on the Europe, and the Greece, which took them aboard, had six hundred and fifty-four. We may well feel thankful that, after so much suspense and anxiety, this large number of human be- ings are now safe in New York. Findipg there were but eight feet of water in the en- gine room and none in the compartments the captain of the Greece concluded that the | Europe might be saved, and a prize crew from other vessel of the National line, took the prize crew off the Europe, as is known, the second day, when the Europe had fourteen feet of water in her hold. There will be, of course, many different opinions expressed as to ‘the conduct of the officers of the Europe in abandoning their vessel, and a searching inquiry, no doubt, will be made; but there can be but one opinion as to the ac- tion of the captain of the Greece and his of- ficers and crew in saving every soul amid a in distress in the middle of the Atlantic, as in this case, shows how important it is for in- ward and outward bound vessels to follow a well defined course, or, as we have urged, to | mark out steamship lanes across the ocean and to follow them. It is evident there would be fewer disasters with the loss of life, and sometimes ships might be saved even by transfer in mid-ocean is told elsewhere from the lips of the principal participants. Theatrical Enterprise in the City. Last night another new theatre was opened in this city under promising auspices, and the veteran manager who has charge of it may happy inspiration, it has been christened; e new play at Mr. Daly’s Fifth Avenue Theatre. With two such events coming so closely together, and with some twenty estab- lishments presenting theatrical entertain- ments in full operation, it cannot be com- plained that the drama languishes for want of energy or spirit in catering to the public taste. | It has, however, been generally noted by the managers that the season has not been a good one financially. This, no doubt, has been due to the trouble of last summer, which com- pelled in nearly all classes of society a closer scrutiny of expenditures than is generally usual with city people; but, though the never before did so much to deserve it. One and all were animated with a spirit of genuine enterprise in the constant production of new Pieces and in carrying to the highest pos- sible point the various arts that give splendor and reality to the mise en scéne. At Daly's, at Booth’s, at Wallack’s, at Niblo’s Garden, well as at some of the minor establish- ments, brilliant, attractive entertainments have been presented of the first order have seen this winter presentations not to be surpassed in any city for their accuracy and generallyadmirable effect. In opera, also, the public taste has been well cared for. Mr. Strakosch has given the grand opera of ‘‘Aida’’ in unsurpassed style. Not only was this a brilliant novelty, but as a spectacular piece it ‘was a well deserved success, and, as one of the great productions of Verdi, its presentation here was an epoch in our musical annals. This energetic manager has also catered well to a legitimate public curiosity in producing the opera of ‘‘Lohengrin."’ Musically speak- | ing his opera may be better appre- | ciated by the great grandchildren of the | present geveration than it is now by their much in the world as Wagner's are, whether | as occasion offers by an energetic manage- ment; and in this regard Mr. Sirakosch has properly fulfilled his function. We believe that the best interests of the Academy and of the continuation of Mr. Strakosch in the management, if it is his desire to continue. Altogether, we have noted, even against the dispiriting influence of less than ordinary suc- cess, a great deal of enterprise in the prose- cution of theatrical art in the city this winter, | and congratulate the public upon the energy and discrimination in management that give us the best that is going the world around in actors and plays as well as in the glories of the lyric drama. Sir Lambton Lorraine. This brave and noble-minded British naval officer, who, while commanding the Niobe, stopped the butchery of the passengers and | crew of the Virginius at Santiago de Cuba last November, arrived ‘at this city yesterday by | the English mail steamer Canima from Ber- | muda. The report of an interview by a repre- | sentative of this paper will be found in another column. When told of the warm reception he would receive in this country, and how much his conduct is ap- preciated by Americans, he responded very modestly, ‘I simply did what I thought to be my duty, and am proud if any efforts of mine tended to save the lives of American citizens. Blood, you know, is thicker than water, for the peo- ple of England have a strong affection for their American cousins.’’ On being asked if he had received the silver brick, with the char- | Cuba, by demanding, | reason those who have wants to supply seek | made upon our space, and all we ask of our | ginia City, Nevada, proposed to present to him, he appeared to be much gratified and said it would give him great pleasure to re- j ceive it as a token of American friendship. | The name of Sir Lambton Lorraine has be- | come almost a household word in this coun- try, for he struck a chord of humanity and fellow feeling which vibrated everywhere when he bearded that cruel monster, Burriel, and equally cruel Spanish government in under the power of British guns, the cessation of the bloody exe- cution of the Virginius captives. All honor tohim! The members of the Army and Navy | Club propose to show their esteem for him, as well as the Cubans here, and we have no doubt he will meet with the most cordial re- | ception everywhere. If our own brave officers | are not permitted to show their courage and humanity in like manner as the British are on snch an occasion, they may at least manifest | their sympathy with and admiration for Sir Lambton Lorraine without giving offence to | the government at Washington. The Increase in the Herald’s Adver- tisemente—A Few Words to Adver~ tisers. The demand on our advertising columns calls again to-day for the issue of a quadruple sheet. The forty-seven columns of advertise- ments printed in this copy of the Hznarp are an increase over the advertisements of last Tuesday, and this increase is a steady one and not limited to a single day. The eighty columns printed last Sunday were an increase of six columns over the previous Sunday. Monday appears to be the slackest day of the week with advertisers. There is no good rea- son why it should be so, since the circulation is fully as large as on any other week day, and | our interesting sketches of the Sunday ser- mons not only attract a special class of readers to Monday’s paper, but induce its careful preservation. Advertisers, however, have their own ideas and their own method of doing business, and do not seem to fairly get under way until Tuesday. Yet yesterday's adver- tisements were an increase over the previous Monday. This steady advance indicates an increasing activity in business of all kinds, and is not dus, as a contemporary mistakenly supposes, to a ‘strong effori’’ on the part of “city dealers’ to “get the current of spring trade into motion.” If it should continue, as we have every reason to suppose it will, we shall probably be compelled to issue next Sunday a sextuple sheet, or three ordinary Henaps in one edition. This pressure on our columns,’ seen in to-day’s paper, as well as in our crowded Sunday sheets, will satisfy the public of the necessity of sending in their advertisements at as early an hour in the day as possible. There are some which cannot well be sent to the office until late, and these we shall, of course, | always endeavor to accommodate ; but there are others which sometimes do not reach us in good season, yet could just as well be sent | in the early part of the day. This crowds us unnecessarily, and may sometimes result in disappointment to the advertisers— at least in the failure to have their advertisements properly classified. We would especially urge boarding house keepers, real estate agents and operators and those in want of situations to deposit their advertisements in one or other of the Henaup offices as early in the day as they conveniently can. It is im- material whether they be sent to the principal office or to one of the branch offices. They are promptly despatched from the latter, either by special courier or by our private telegraph lines. On Monday of last week over one thousand advertisements were forwarded from our uptown office for Tuesday's paper. It can, feadily be understood that the work of receiving, transmitting, put- ting into type, reading, correcting, classifying and printing from forty-eight to eighty columns of compact, solid advertise- ments, a majority of which contain from three to six lines each, is by no means trifling; and when it is remembered that quadruple, quin- tuple and sextuple sheets have to be ran through the presses to fill the large circula- tion to which we owe our extensive advertis- ing business, our appeals to our advertisers will not be regarded as unreasonable, Indeed, it is as much for their advantage as for our own that we make these requests. We have succeeded in making the Hznary a most desirable advertising medium. The system of classification is so perfect that, de- spite the mass of advertisements, any particu- lar one can be found without difficulty, and just as readily os a name can be found in a di- rectory ora word in a dictionary, For this the Heratp as naturally as they would search a directory to ascertain a person’s residence or place of business. We are emphatically an advertising people; but the system introduced by the Hznato, united with the unprecedented circulation of the paper, and its consequent | value as an advertising medium, has given to the Hxratp advertisements a character peculiarly their own. They are concise, plain business notices, and as such commend themselves to the public, and are far more effective than the old style of displayed | and exaggerated advertising puffs. No paper in the world—not even the London Times— has achieved so great a success as the Henatp in this direction. In the busy season of the | year we have printed a larger number of ad- vertisements than ever appeared in a single edition of the great English organ. And our advertising business increases with our in- | creasing circulation, until we begin to feel that | we shall soon need an increase of our present | accommodations, and shall require more room | anda greater number of presses. We shall always endeavor, however, to meet the demand advertisers is that co-operation and assistance | which they can readily give us, and which will | be as advantageous to them as to ourselves. Srpancx Devexoraents Anout S1x@ Sune. ~~ | According to our despatch from Sing Sing, | published to-day, the guards of the, prison have been aiding prisoners to escape, and, of course, taking heavy bribes for this service. No wonder that the convicts find it so easy to get outside their cells and the prison walls, or that they become riotous. Some detectives have been sent to Sing Sing, and have had two guards, Many and Outhouse, arrested, Outhouse says he was bribed by Miller, the Wilmington bank robber, to escape, and that ho got thousand dollars and Many fifteen hun- acteristic inscription on it, ‘This is a brick, and so are you,’ which the citizens of Vir- dred, Warden Hubbell has been satisfied for $$$. were through the action of dishonest officials, It is strange he did not do something to pre- vent them. It is believed there are other guards and keepers guilty, and that more arrests will be made. Evidently this estab- lishment needs a thorough overhauling, The Erie Scandal Again. Again the name of the Erie Railroad is bes fore the public, and connected, as usual, with a story of chicanery and fraud. There hag not been for many years any considerable period of time when it was otherwise, Ever since the Erie corporation has been before the public it has had an unfortunate distino- tion, even for an American corporation, in the association of its name with schemes of roguery, great and small, and has been the stake in swindles of every grade by rascals of every calibre, from pigmy pilferers, satisfied with carrying away an account book, to Titanic thieves, who would steal a continent if they could clutch it. Perhaps the operations of this character of which Erie has been the centre have merely been more flagrant, and not, morally, worse than operations less known in the history of other roads ; but there are some reasons which seem to peculiarly make Erie the proper prey cf speculative endeavors. In its origin it stood on less substantial grounds than railroad ventures generally. Its gauge was different and it ran through a wildernesa, and as these facts made it a less certain property they forced endeavors to stimulate it, and so the great game of speculation began. It has held on with wonderful tenacity. At the time that foreign capital began to come into the country freely, tempted by the promise of high interest and blissfully unconscious of the enormous latitude given by our law to the acts of dishonest officials, Erie proved a most effective trap for catching the British investor. Nearly all its shares, therefore, fell into foreign hands, and this fact was adroitly used in the appeals to popular prejudice that were made to cover the brilliant “enterprise” by which certain men intrusted with the manage- ment of the road endeavor to make it their own property. At that time we heard a cry in Erie very like what we now, hear in regard to the national debt and ‘Eastern capitalists” and ‘bloated bond- holders.” Indeed, the men who had Erie in their hands were to the English owners of the road in exactly the same position that the Western repudiator is now in toward his credi- tor in the Eastern States. American farmers, it was complained, had to pay oppressively high rates of freight to make dividends for the Sbylocks of London who had seized Erie, and it was argued that the farmers ought to stop all that nonsense by some action up af Albany that would finish the little game of those dreadful London capitalists. The little facts that the London capitalist never received any interest on his investment, and could not get any account from his agents of the condi- tion of the property, and was, perhaps, at times doubtful whether there absolutely was any property, did not seem to invalidate the little theory that he was fattening on the life-blood of this great Republic, and especially on the Erie Railroad. All that which became a scandal to our name abroad was remédied at last, appare ently; but now we see that the game is yet” not altogether ended. The arch intriguer who rode in the whirlwind and directed the storm of all that Erie scandal is evidently so sore over his expulsion from Erie that no blow against its credit is beneath his spite. No one, we suppose, has failed to see the hand of Mr. Jay Gould in the endeavor made through Mr. Duncan to show that the present management is not much more honest than the management it displaced; and, taking the whole history of Mr. Gould’s connection with Erie, it should be a sufficient answer to any aspersions to show that they proceed from him. It is, however, no doubt wise in the President and Directors to answer the charges of falsification of the accounts—as they prom- ise to do—in a manner less liable to misinter- pretation. the Spain’s Difficulties and ‘Twe Conchas. It is a curious coincidence and historical fact that the two Generals Concha—brothers, it is said—should have been called upon at the same time to suppress the formidable civil wars of Spain at home and in Cuba. Just as General José Concha assumes control of af- fairs in the Antilles General Manuel Concha, if we can only rely upon the news from Spain, takes command of the army against the Carl- ists. Serrano seems to have failed, skilful as he is known to be, in suppressing the in- surrection in the Peninsula, just as Jovellar failed in Cuba, Thus in the extremity in which the Spanish government has been placed by the persistency and ability of the insurgents both in Spain and the colony, these two men have been brought to the foremost position, The wheel of fate turns rapidly in Spanish affairs and with the avail- able prominent chiefs of Spain, snd these chiefs rise and fall with the celerity almost of acrobats, The last turn has, as was said, brought the Conchas into great promi- nence, as if the destiny of Spain and Cuba depended upon them. But, looking at the difficulties in their way, the probability is that it will rather prove the wheel of mis- fortune than of fortane to them. At least there is little reason to suppose Captain General Concha can restore peace to Cuba. He will mske # desperate effort, undoubtedly; but, judging from his antecedents and char- acter, it will be with the most cruel and re- pressive policy, and that tends to exasperate the Cubans and to drive thousands over to the insurgents, General Manuel Concha may succeed better in Spain ; still, the difficulties appear to be almost as insurmountable. If the jards would concede freedom to Cube and turn all their attention to pacifying and improving Spain they might bring their tronbles't> an end. The enormous weight they are now trying to carry may crush them out as a nation or reduce them to the position : of a fitth rate Power. DEFALOATION OF AN INSURANCE AGENT. SAN FRaNcIacO, April 13, 1874 It has transpired that R. H. Magill, an insurance agent ip this city, is a defaulter. The amount of his defalcation is represented to be $60,000. The particulars Of the case are kept very secret. Itis reported that Magill has surrendered all his prop- erty here, but that tt does not cover thedeficiency fa his account. The companies involved in the Toss are the Phoenix, of Hartford; the Home, of Now York, and the,North British and Mercantile. along time that most of the escapes trom prison | of Londgm. -

Other pages from this issue: