Leadership

EFFECTS OF A GREAT FIRE IN NEW YORK.

Issue 13 and Volume 39.

EFFECTS OF A GREAT FIRE IN NEW YORK. The Butte, Mont., Inter-Mountain, writing editonally of the results of a great fire in New York city, says: “The effect of a conflagration in New York, in proportionate magnitude to that of Chicago in 1871, can scarcely be realised. The me tropolis is become the commercial centre not only of this nation, but of much of the world. Should its collateral and media be tied up by ruined bank buildings, however safe the paper might he in the vaults buried in the debris, the finances of the entire cessation of any considerable number of industries emit ruled by New York would make millions feel the pinch of want.”

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