ON THE STAGENk'v Yokk, Ojt 31 —Terry MeGovern, ex-feather wlt; gat champl »n,Is going into the monologu r businessUnder tho tutel Me of Joe Welch, thewell known IT»brew lmplt; rsonator,‘Terrible’’ TYrry tas learned to dr«ssand act O ** part of a ptdler of theGhetto, and as sue i will deliver amonologue In “The Peddler,’’a playby Hal Held, In which Welch Is toopen at the Fourteenth street theaterar und the ho’l cl aysHe has lcarn'Ml the i !Sturc and dialect of the Ghetto with rare clevernessand th '«e who have seen him In thatpart Bay that it Is almost Ixp salble torealize that It Is only an lrnpeisooatlon. Like Welch, Terry w’ll not carlcaiure the Flebrew race , but merelylve the life of a pedter on the stage.|