The New York Herald

Labor Lost.

Corcoran & Riggs, highly respectable bankers at Washington, are taking the trouble of writing notes to a miserable and obscure print in this city called the News, in order to set themselves right in regard to the transactions in Wall street. This is entirely labor lost, as it is a matter of very little consequence what the News, or anyone connected with it, publishes respecting bankers or brokers, with the exception of a very small clique, who have a deep interest in the stated preaching of the gospel at Sandy Hill and other places. No one reads the News or pays the slightest attention to its statements. A few obscure brokers, who live in dingy cellars in Wall street, may use its columns to run up or run down some particular stocks, so that out of "the difference" they may purchase a dinner or a pair of breeches; but that is the amount of its influence in this region. A more weak, ridiculous, and wishy-washy concern than the News, either as a paper or an organ, was never started by the Democrats in this city. Even Slamm, Bang & Co., with all their flummery and fury, are infinitely more influential, and are rapidly taking the lead as the organ of the Democracy here.