New Haven.

Correspondence OF the Herald ]
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Correspondence Oh the Herald


NEW HAVEN, Nov. IL, 1874.
Result of the Election Great Excitement among
the rhigs-Minutacturr and Capitaiists-Pro-
scription of the Eish-FaH in Stocks, &c.


DEAR SIR


Since it has been ascertained that Col Polk
has been elected to the Presidency, you can hard
imagine the excl ement that has been produced
n this city, and among the manufacturers in the
surrounding country.


The manufacturers in the city and neighborhood
nave determined, as far as | can learn, to cut
iown their business to very great extent. They
,ay that under such tariff as they shall probably
nave, that they cannot sustain themselves, and thai
probably, the northern States have refused TO
ustain ,and havegivena large majority OF the cleo
oral vote tor Polk, that the southern wing members
vii back our from II to secure their own political
-xlstence in the south, and that probably IL will b.
from this time that they NUT prepare meet II,
md the consequence Is that great numbers Of the
Norkmen have been and are going TO be immedl
tely discharged. They also say, that the,
must discharge, 1t IS their duty TO sustain those,
osslhle, that voted to sustain their business, which
Is no doubt correct, and consequently those thai
get discharged are locofocos, and this creates still
more excitement


,ects OF the manufacturers, and when theirs and
and hers paper is offered for discount, demand
IN additional endorser. This creates an addition
o he panic, but what other course the capitalist
can pursue cannot perceive.


The wings here attribute their defeat in New
York and other States, wholly to the IRISH, ano
ney are TO be prescribed In every possible manner
Merchants and others have discharged them from
their employ, and refuse to have any goods carted
~ them and they are determined to follow il VI
70 the end Of late the Irish have done almost ali
he caring, and native or colored man couo
ardy obtain living, as the Irish would under
work them, and drive them out of it. A change
will now probably lake place Several of The Irish
IRE also employed by the street commissioner Gall
# them locos) in doing city work, and the wing
ire determine, that every one OF them shall b.
discharged, or they will turn out the commissioner


The whigs are going to hold meeting in a da,
or two. and will adopt Native American princi-
pies throughout There most distinguished men
lere will be present and speak on the subject ano
Ia favor Of the movement The State central com
ntteee also dete ermlned to have me eiings held b,
the wings IN he large towns throughout the State,
,nd adopt the came principles A paper has also
been circulated for some days, for signatures for
ativc American party separate from the wings;
nut as is known that the leader in this business
Is person who was disappointed in not obtannt
rom the whigs last spring the Office OF Judge oi
Probate, and who has been threatening ever sine.
o break up the wing party here, and il is asc. 7.
aimed that the locos are encouraging II tor thai
urpose, and anticipate 10 Garry the city, rnex,
spring. II they only get the wings into this new
,drty and get them divided, il Will probably not
amount TO much. Many wings who have signed
he paper have had their names taken of, on see.
ing abo are at the bottom OF i, as ,hev NJ
,ossibe good to come out Of II, but much evil.


The stocks in our banks, which have hitherto
stood very high in the market, have already frli
the shock, aud cannot be sold except at rates much
lower than before the election. But few sales,
however, have been made. H..