New Orleans Republican

The Effects of a Defunct Newspaper Under the Hammer.

[From the Pittsburg Gazette, May 1]

The nails were driven home in the coffin of The Paper yesterday by Acting Sheriff William Diehl, Esq., under whose hammer was sold all of its type, machinery, office fixtures and press. We had hoped that our short-lived Democratic contemporary, which while it lived, was creditable to the party it espoused, to the local press here, and to the city and State, would be revived again, but with the sale of yesterday the enterprise is dead beyond resurrection. The Paper establishment throughout was one of the best fitted in the country, indeed from press-room to composing room it was truly gorgeous. Walnut cases, Brussels carpets, elegant furniture, and all the appointments in keeping, combined to make this Democratic newspaper office a model of magnificence and grandeur. But the patronage extended this new paper was limited, and so far as the party was concerned, ungenerous, and the bright dreams of its conductors were never realized, and the sheriff came knocking at their doors. The sale yesterday was well attended, principally by newspaper men of the city and several from abroad. The press, a modern four cylinder Hoe, which cost about $20,000, was knocked down at $12,200 to T. M. Senior, Esq. representing the Rochester (New York) Democrat. This was a great bargain, as the press is entirely new, having been used to print only about seventy-five editions of The Paper. Colonel William Ramsey bought several thousand pounds of new type at from eleven to thirteen cents per pound, which cost much more, and will bring a handsome profit to the purchaser if sold for old metal. The engine, which cost $750, was sold to Hoe & Co., New York, for $220. The furniture throughout was "picked up" at cheap figures by the different newspaper proprietors in attendance. The sale will hardly net $15,500 all told and falls far short of meeting the liabilities of the dead journal. Thus closes an interesting chapter in the history of newspaper adventures in this city.