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Parton, James, 1822-1891

"Famous Americans of Recent Times"

The last
shippers will make 2-1/2 per cent. Many are endeavoring to
produce a belief that there will be a war. If the impression
prevails, naval stores will go up a good deal. Every eye is
outstretched for the Constitution. Hudson, of the Merchants'
News Room, says he will hoist out the first flag. Gilpin, of
the Exchange News Room, says he will have her name down in
his Room one hour before his competitor. The latter claims
having beat Hudson yesterday by an hour and ten minutes in
chronicling the England."--_Herald_, June 13, 1835.
This was his first attempt. The money article constantly lengthened
and increased in importance. It won for the little paper a kind of
footing in brokers' offices and bank parlors, and provided many
respectable persons with an excuse for buying it.
At the end of the third month, the daily receipts equalled the daily
expenditures. A cheap police reporter was soon after engaged. In the
course of the next month, the printing-office was burnt, and the
printers, totally discouraged, abandoned the enterprise.


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