Savannah daily herald. (Savannah, Ga.) 1865-1866, May 20, 1865, Image 1
SAVANNAH DAILY HERALD.
VOL. 1-NO. 107.
The Savannah Daily Herald
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JOB PRINTING,
In every style, neatly and promptly done.
besdiptios of specie payments
The rapid fall of gold ha3 led to the expec
tation that specie payments will be resumed
shortly after the termination of the war.—
This expectation we apprehend, will prove
ilinssory. 1 . It is contrary to uniform ex
perience. After the war of the revolution
the historians of that period iuform us tba[
specie was not visible for some years after its
termination. After the war of 181?, specie
payments were not resumed until the year
1817, an .1 then by the most powerful efforts
of the government. The Bank of England sus
pended specie payments in 1797, and did not
lesume until 1822. When it is recol
lected that the currency ot the United
States during our second war of indepen
dence was depreciated only about 25 per cent,
as compared with the currencies of other
coin tries, and that the depreciation of the
Bank of England notes was only from 25 to
30 per ceut. the impossibility of speedy re
sumption, the currency of the United States
being depreciated to a somewhat greater ex
tent, must be obvious on the least reflec
tion.
Such an expectation is contrary to all re
ceived principles. The fluctuations iu the
value of gold, we have endeavored to show,
were the sole result of the war, affording
unbounded scope to speculation; the prices
rising or falling with victory or defeat. But
on the cessation of hostilities, and the pro
clamation of peace, commercial circumstanc
es will exclusively govern the value of £old.
The principles of legitimate demand and
supply will then come into play,' The pre
mium on gold will measure the depreciation
of the currency of the United States, as com
pared with the cuitencies of other countries.
This is the test or criterion. If by a reduc
tion in the volume'of our paper money we
can bring it to the same level of value with
the circulating medium of those countries
with which we have commercial intercourse,
we will have evinced our ability to resume
specie pay ment—not before. To effect this
object the public expenditures must be large
ly reduced, by which the volume of the cur
rency will be correspondently lessened.
But this should not be done too suddenly.
§ir Robert Peel, when he brought in hi 9 bill
Into the British Parliament, in 1819, com
pelling the Bank of England to resume in
1825, he allowed ample time for a gradual
resumption. The bank anticipated the pe
riod by three years, because the balance of
trade being largely in favor of England, gold
fell in value from the operation of causes,
which, while they lessened the demand for
gold, increased the supply. It would appear
to follow that as the currency of the United
States is at least as much depreciated as the
English currency at the period to which we
have referred, it follows that as long a period
will be required for resumption.
But there are other considerations con
nected wilh this subject. It is impossible to
determine the amount, of the curreucy or the
penod within which it will be so improved
in value as to be equal to gold or silver, un
less the amount ot the current expenditure
is- known, aud this depends again on the
magnitude of our peace establishment, and
whether the maximum of taxation has been
reached. , Should the government be deter
mined not to impose any additional taxes,
nor to resort to loans, its only other resource
will be the issue of paper money.
To be continued.
Billiards—The Great Five Thousand
Dollar Match.— The proposed match be
tween Philip IHetnan, of Cincinnati, and
Goldthwait, of New York, which has for
months attracted thealtno3t undivided atten
tion of the billiard world, and upon which
R'reat expectations were based, has been
terminated abruptly by the inability of Jlr.
i lonian to play. lie has for weeks suffered
from an attack, of his persistent enemy, the
rheumatism, which, having settled in his
v list, .precludes the possibility of his meet
mj; G o ;Jti lwa i t 0a j a „ n< . luie(; i—the 31st
”, M *y- But, in order that Goldthwait and
* c n ' a - v not be wholly disappointed,
\r ta M^* lau bas ,P ro P°9ed that Mr. John
tio evi,t ’ °* Bidianapolis, and Goldthwait
puy a match on the above date, in Cincin
i t, tor one thousand dollars a side, which
. on haa been accepted. The game
'V, be ,lre *»we as the one just abandoned,
a slte$ lte f n hundred points up, on
ton e,an Collender full-sized, four-pocket
t e ‘f’ actl will conclude the proceedings at
vh.vt • ,° a , ol,iw St ate Tournament,
the Selins inaugurated in Mozart Hall on
The first section of the genuine Pacific
•Railroad is completed, and has been inaunu-
with appropriate ceremonies.
SAVANNAH, GA„ SATURDAY, MAY 29, 1865.
the great Meeting in lokoqn.
Londoo, April 30.—0n Saturday evening,
29th of April, an immense public meeting
con vened, under the auspices of the Emanci •
pat ion Society, in St. James' Hall, to express
feelings of grief and horror at the assasstna
tibn of President Lincoln, and sympathy
with the Government and people of the
United States and with Airs. Lmcolu, Air.
Seward and family.
The galleries of the hall were draped in
black. Over the end of the gallery hung the
American fiig. The hall was crowded with
an audience who manifested not merely their
warm admiration of the character and
capacity of the the late President, and sin
cere sympathy with the people of the United
Slates in the loss sustained, but their hearty
approval of the great cause Air. Lincoln rep
resented.
The platform contained an array of Parlia
mentary gentiemen and many leading
citizens of the metropolis. Alany ladies
were present, a majority of whom were in
mourning.
Various resolutions were carried, not
merely with unanimity, but with an intense
feeling rarely seen at public meetings.
Tne chair was occupied by William Evans,
president of the Emancipation Society.—
Messrs. Foster. Stansfeld, Leathern, Taylor,
Potter, Baxter, and Baines, members of
Parliament, commenced the proceedings with
expressions of deop sympathy with the
American Government and people, and en
tire confidence in the Administration of
President Johnson.
The chairman was supported by twenty in
fluential members of Parliament, and a large
array of distinguished presidents, represent
ing every section of the community.
Letters of spmpatby were received from
Sir Charles Lyell, Lord Houlton, and others.
W. E. Forster, member of Parliament,
moved the first resolution, that this meeting
desires to give utterance to the feelings of
grief and horror with which it has heard of
the assassination of President Lincoln, and
the murderous attack on Mr. Seward, and to
convey to Mrs. Lincoln, and the United
States Government and people the expres
sion of its profound sympathy aud heartfelt
condolence.
P. A. Taylor, M. P.. seconded the resolu
tion. He expressed deep sympathy with the
American nation, which had lost a worthy
successor to Lincoln's great
task had been fuifided. He had crushed the
rebellion of the slaveholders. Time, the de
stroyer, had not withered one leaf in the
chaplet of his glory. He had no fear that
the government of the United States would
fall into the career of reveugeful retribution.
He asked the audience to remember that for
years portions of the press and people had
heaped every epithet of abuse on Lincoln,
aad were now trying to do the same thing by
Johnson. [Shame.] He felt confident that
the efforts of the new government would be
continued in the same direction as Lincoln’s,
and that it would soon effect the complete
restoration of the Uuion, with the complete
emancipation of the negro. Lincoln died for
that principle, but his death was not the
symbol of its defeat, but oi its glorious tri
umph. [Cheers.]
Mr. Leathern, M. P., brother-in-law of Mr.
Bright, concurred iu the hearty tribute paid
to the character and services of President
Lincoln.
Mr. Stanfield, M. P., moved the next reso
lution, viz: That this meeting desires to ex
press its entire confidence in the determina
tion and power of the people and Govern
ment of the United States to carry out, to the
fullest extent, the policy of which Abraham
Lincoln’s presidential career was the embodi
ment, and establish free institutions through
out the whole American republic. Mr. Stan
field said thdt they had met not only to give
an expression of their horror at a deed so
foul that history could produce no parallel,
but to show sympathy for a cause which be
gins by being honorable and great td be
righteous, and. which, by the acts and by the
life and death of its martyr President, had
now become sacred in their eyes. [Loud
cheets.j
The South had been fighting for the avow
ed and deliberate purpose of promoting and
perpetuating human slavery. It attempted
to found its subsistence upon a uational crime,
and had met the deserved fate of those who
set themselves against the laws of God aud
man. The North had been fighting lor a
common country, which they would share,
but which they would not allow to be torn
asunder. Step by step the North rose to the
height of the great aud holy argument on
which their Cause was founded. Each delay,
each defeat, seemed but to make their resolve
firmer, and higher and purer their policy.
When the South fiually abolished slavery
throughout the States theu victory would
finally crown the cause. Throughout all this
period Lincoln guided his country with hon
or. If anything could strengthen the States
in their trial, it would bo the deep-felt, spon
taneous and universal, sympathy which was
now travelling to them from Europe. .He
was sure all prayed that the Government and
people might be true to the example of him
who was the guide of their cause.
Mr. J. B. Potter seconded the raotiou. He
•aid he now stood in Parliament as successor
of Kicbard Cobden, whose object it was equal
ly with that of Lincoln, to dignify labor.—
Lincoln destroyed slavery in America. It
should be their wi3h to destroy serfdom at
home. And he trusted the result of the Con
flict in America would be to give ‘an impetus
to the cause of reform in Europe.
Mr. Baxter, M. p., supported the resolu
tion. He expressed hearty concurrence with
the eloquent tribute paid to the memory of
President Lincoln. All the events of the last
four years dwindle into insignificance before
the great issues involved in the great contest
in America. Not only was the great ques
tion of slavery involved in t,he contest, but
the question of constitutional government all
through the world. He did not believe a
great cause depended on a single life, and he
felt confident that the American people would
hurry to a triumphant issue the policy and
piinciples of Abraham Lincoln. :
Hon. Lyneph Stanley, second son of Lord
Stanley of Aldersly, a member of the Cab
inet, expressed his admiration for the charac
ter of Mr. Lincoln.
Professor Fawcett also supported the reso
lntirma IW-—*
Mr. Shaw Fefevre, M. P., said the men'
who elected Lincoln could not be wrong in
the choice of Johnson.
Mr. Caird, M. P., moved that copies of
the foregoing resolutions be placed in the
hands of Mr. Adams for transmission to the
President of the United States, Mrs. Lincoln,
and Mr. Seward. He paid a warm compli
ment to the American Minister, whose
moderation and firmness and conciliation
had been the best preservation of peace be
tween the two countries.
The resolutions were supported by Green
fell, Curreu, and Ewing, members of Parlia
ment, and Rev. Newman Hall, and Mason
Joneg.
Cyrus W. Field, who was called for and
received with great applause, thanked the.
chairman and the meeting, on behalf of thd
Americau people, for their deep sympathy
with the thirty millions on the other side of
the Atlantic, who were mourning for the
death of Abraham Lincoln.
CHARLESTON NEWS.
Public Education. i
Mr. James Redpath, Superintendent of
Public Education, has submitted a report to
Col. Gurney, commanding at Charleston, con
taining much interesting information in rela
tion to the Schools lately established and now
being directed by him.
It appears tuat there are now nine Public
Day Schools and five Night Schools uuder his
supervision. It is estimated that at least four
hundred children enjoy the benefits of these
Schools. Mr. Redpath says:
I think that at least five hundred children
have passed through our schools on their way
from the interior to the Islands, during the
current mouth—remaining, just long enough
with us to be taught three or four patriotic
songs, to keep quiet, and to be decently clad;
and then going off to give place to others who
will receive the same instruction and disci
pline and then be shipped off. Thus, at some
Schools, while the number is kept up and in
creases, it is not of the same children. Ido
not regret this movement; it is full of prom
ise for the tuture of the emancipated class,
and I have given it a cordial support; but it
retards the progress of some of the Schools,
and makes the work of organization difficult.
The uniform report from all the teachers is
that the children are rapidly improving. '
‘•The Night Schools—for adults only—are
attended by over five hundred persons.—
These are also free, and are taught by offi
cers, Northern citizens, and colored South
Carolinians.”
There are over thirty Northern teachers in
the schools how, educated in the best me
thods of New England and New York.
Three Noi thorn societies unite iu paying
the salaries of the teachers, of whom there are
now over a hundred here, all of them antfo.
slavery associations—the National Ffeed
men's Aid Association, the New England
Freedmen’s Aid Society, and the American
Missionary Association.
During the coining month there will be
adult schools in the afternoon; Sewing or
“Industrial Schools” and Writing Classes
established.
Mrs. Colonel Beecher has a regimental
school at the Citadel every afternoon. Her
pupils are her husband’s soldiers.
Mr. Redpath asks for additional accomoda
tions for the schools. He has been obliged
to turn away two or three hundred children
during the last two weeks. Several of the
present schools are overcrowded still.
The Report goes on to say:
While civil war lasts we know that there
would be no safety for us here, if the bayon
ets were taken from the hands of the class
formerly held as slaves ; and as soon as civil
authority is restored, all will learn that there
would be no safety for the class formerly ex
clusively possessed of political power if the
school books were taken from the hands of
the freedmen. This war is the result of the
enslavement of the poor blacks, and the ig
norance of the poor whites. By educating
everybody we will take care to prevent a
war of races, which the old ignobleness
would bring about, if they dared and could,
by prohibiting free schools for all and repeal
ing the holy proclamation.
One of the saddest results of slavery in its
influence .on the once ruling class, seems to
be that it has rendered them perfectly indiff
erent to the education and elevation of the
poor. Os the six thousand persons who have
taken.the oath ot allegiance, not one has come
forward and volunteered to teach in these
adult Schools—not ODe. I see no hope of
educating that va9t multitude of white adults
in the insurrectionary States, who can neith
er read nor write, except by the adoption by
Congress of a law restricting (while extending)
the electoral franchise to those only, and all
those who can read and write. This plan is
seriously contemplated as a political neces
sity of the times—as a guarantee for the fu
ture peace of the nation ; and one of the ear
liest measures introduced in the next Con
gress will be a bill to prevent the re-admis
sion of any insurrectionary State into • the
Union until universal educated suffrage is in
corporated into its Constitution.
Eank Ct House iia Charlcitoa-
Messrs. Geo. W. Williams & Cos. have made
arrangements to open, at an early date, a
Banking House in this city.
At tlie commencement of the rebellion
Charleston had ten chartered Banks, with an
aggregate capital of thirteen millions of dol
lars, besides many private Bankers, employ
ing a capital of millions of dollars. The
failure of the rebellion will doubtless render
it necessary that all the Banks in the State
go into liquidation. We therefore gladly wel
come private Bankers at this time in the old
• Queen City. Court er.
The Condition of the Streets.
We are pleased to see that the prompt |
measures of the military aetborities to put i
the streets into a good sanitary condition i
have progressed as well as onr most 6au- j
guine expectations could desire or look for. j
The old planks that have hitherto been in j
many instances a nuisance to vehicles j
m well as pedestrians, have been removed
and replaced, or made use of. as was found
most advantageous.
Reduction or Price* at the Charleston
Hotel.
Mr. James P. M. Stetson, the popular pro
prietor of the Charleston Hotel, announces to
the public that he-has reduced the price of
board, commencing today, at the rate of
twenty-five per cent. The’ fall in the price
of gold, also the decline in the prices of pro
visions at the North, have indaced him to
make a reduction in the hotel rates.— Courier.
Th« New Regulations for the Pur chase of
Cotton.
The following amended regulations for the
purchase of the cotton of the insurrectionary
States on Government account have just been
issued by the Treasury Department ;
TnEASCRT’DicFAiiTMENr, May 9.
1. Agents shall be app Anted by The Secre
tary of the Treasury, with the approval ol
the President, to pnrehase for the - United
States, under special instructions from the
Secretary of the Treasury, products ot
Stares declared to be iu insurrection at such
places as may, from time to time, be designa
ted by the Secretary of the Treasury as
markets or places of purchase. Agents’
IRjffctofore appointed for the places designated
under previous regulations, will coutiuue
their agencies as if appointed /mder these
regulations.
2. Before entering upon the discharge of
hi 9 duty; each of the agents so appointed
shali execute a bond, with sureties in the
prescribed form, in a penal sura, to be fixed
by the Secretary of the Treasury, conditioned
for the faithful discharge of his - duty, and
that he shall not engage, directly or indi
rectly, iu the purchase of products on private
account, nor be in any way interested in the
products purchased by him, or the proceeds
or profits arising therefrom
8. The operations of purchasing agents
shall be confined to the single article of cot
ton, and they shall give public notice at the
place to which they may be assigned that
they will purchase, in accordance with these
regulations, all cotton not captured or aban
doned, which may be brought to them.
4. To meet the requirements of the eighth
section of the act of July 2, 1864, the agenl9
shall receive all cotton so brought, and forth
with return to the seller three-fourths there
of. which portion shali be an average grade
of the whole, according to the certificate of a
sworn expert or sampler.
5. All cotton purchased and resold by pur
chasing agents shall be exempt from all foes
and all internal taxes, and the agent selling
shall mark the same “Free,” aud fqrnish to
the purchaser a bill of sale clearly and accu
rately describing the character and quantity
sold, and containing a certificate that it is ex
empt from taxes and sees as above.
G. Purchasing agents shall keep a full and
accurate record of all their transactions, in
cluding the names of all persons from whom
they make purchases, the date of the pur
Clrasiya- - description of the cotton purchased
by them, aud the quantify and quality there
of, also of the one-quarter retained by them
A transcript of this record will be transmit
ted to the Secretary of the Treasury on the
first day of each month.
Sales of the cotton retained by the purcha
sing agents under regulation fourth, a9 the
difference between three-fourths the market
price and the full price thereof in the City of
New York, may be made by such agents, at
such places and times, and in such manner as
may be directed iu special instructions from
the Secretary of the Treasury, where such
sales are not- authorized, the agents shall,
without delay, ship it to New York, on the
best terms possible, consigned, uutil other
wise directed, to S- Draper, cotton agent and
disbursing officer at that place. Bills of la
ding in triplicate for 9uch shipment must be
taken, one of which shall be sent to the agent
at New York, one to the Secretary of the
Treasury, and one retained by the purchasing
agent.
8. Prior to the close of each month, and in
sufficient time for the necessary action, the
purchasing agent shall prepare and forward
to the Commissione- of Customs a full esti
mate of the probable expenses ot his office
for the month next ensuing, the amount of
which, together with any sum found due,
from inadequacy of former estimate, or less
so much as may remain unexpended from any
amount previously sent, will be transmitted
to said purchasing agent. Purchasing agents
will require receipts in triplicate for. all
moneys paid by them. One of which receipts
shall be forwarded to the disbursing officer ;
one to the first Auditor of the Treasury, with
his accounts, and one retained by the agent,
9. All agents are prohibited from purchas
ing any product of an insurrectionary State
which'shall have been abandoned by the law
ful ow T ner thereof.
10. These regulations, which are intended
to revoke and annul all others on the subject
heretofore made, will take effect and be in
force on and after May 10, 1865.
Hcoh McCou.ocn,
Secretary of the Treasury.
Approved, Executive Chamber, ’ Washing
ton, May 9, 1865.
Andrew Johnson.
A Pet Panther.— An old hunter of South
western Texas, who had long had a pet pan
ther of great size and ferocity, was recently
attacked in his cabin by Indians. He let
them gain the lower part of the house, and
then let the panther loose among be
bein ,T safely perched Upon the loose chamber
floor, through the crevices ol which he
could fiie upon his foes and watch the pro
gress of events. But after the first howl and
solin' l -of the panther'ho Indians remained
except three killed bv the brute, and one
skot by the hunter. The rest disappeared,
probably never to return.
The Confederate prisoners at Elmira, New
York, held a general meeting, at Which reso
lutions were passed expressing their dissent
and condemnation of the assassination of Mr.
Lincoln. ■ j -;.; • »<•«*>
Among the suspected numbers, are fiiree
employees of Ford s Theatre.
All the boasted California oil springs and
speculations are prououaccd humbugs*
PRICE. 5 CENTS
LFrom the Augusta Constitutionalist ]
EXPECTATION.
BT L’UIOMIJUJfc.
Ail day the golden lilies Count
And fla-hlwneath the sky;
All day the garden walks I haunt
Ana watch her casement high
I wonder if she knows I wait . .
Beside our tryetlngplace f
How lorn it looks ana desolate
Bereft of her svrest grace I
In every rustling leaf that stirs
I think I hear her tread,
. In every bird whose 1 ctat wing whirls
In circles round my nead.
* I ?cnd a kiss upon the sir
Tuat b eathea upon her lips :
It faints sway in sweetness there
That might s 1 hetV.-n eclipse.
Return with passion-freighted wavs,
Oh 1 sephyr of the South,
Return with sll the love she gave,
And break upon my month.
FARTHER OSTRICH OSs TO THE TKEAffltl
. AGESTs.
The New Regulations.
Hilton Head, May 17, 18G5.
Sir ; I have to-day seen the new regulations
prescribed by the Secretary of the
which went into effect on the 10th insL As
- have no copy for you, I give you a synopsis
thereof and such directions as they soein to
require. You will please-rec that the same
are promptly executed in your agency. All
previous regulations are revoked. Tne new'
substantially prescribe os follows:
Ist, Nothing but cotton can be purchased
by agents appointed to purchase for the
United States.
2d. All other products in States Included*
in the President's proclamation of -April 29,
18G5, maybe forwarded to loyal States by
any owner thereof, whether he be the orig
inal producer or a purchaser, upon payment
of the internal revenue tax.
3d, Any person taking the prescribed oath
that he will be hereafter loyal to the United
States, may receive any amount of goods,
not contraband of war, and may dispose of
them without restriction at any place in the
lines named, to any person who shall have
taken tiie same oath. The authority to do
that will be given by the custom officer of the
port where the goods are received, or by any
other officer of the Treasury Department.
You will at once commence acting nnder
the new regulations as above indicated. You
wffi also at once dismiss all local special
Agents in your agency, no duty being here
after required of them.
Any merchandize now arrived or hereafter
arriving in your agency, under a proper clear
ance, you will cause to be permitted to be
landed and disposed of to or by any person
authorizeffas above.
Please to instruct assistants in your agency
accordingly.
I am, very respectfully,
Your obedient servant,
(Signed) Wm. P. Mellen,
General Agent Treasury Department.
Albert G. Browne, Esq.,
Sup. Spec. Agt. sth Agency,
, Treas. Dept, Savannah, Ga.
SOUTHERN TRADE.
Re-ops ulng of Commerce.
' [From the New York-Herald, Msj IS J
The extraordinary avidity which the people
hate lately evinced in seizing upon the gov
ernment loans, which have been presented to
the country through the agency of Jay Cooke
& Cos., is equalled only by the energy dis
played in this city in taking advantage of the
President's proclamation and the new Trea
sury regulations published on the 11th instant,
re-opening trade with the South by the re
moval of tne hitherto "existing regulations.—
The regulations ot Mr. McCulloch, as pub
lished, are read, examined and preserved a#
a document of the greatest importance. Iu
all parts of the North arrangements for tak
ing advantage of the President’s proclamation
have been made by the merchants with a
promptitude even greater than that of the of
ficial action of the Post Office Department iu
re-opening the mail facilities, and nearly
equal in promptitude to tho action of the
Treasury Department in establishing its na
tional banks in Richmond and other parts of
the South.
What New York Is Doing.
The-New York merchants are, of course,
among the first to take advantage of the
new order of things. The change which has
so rapidly followed peace is not only a new
era of finance and commerce, but “&n era of
good feeling,” and New York city is among
the first to weld a band ot Union by furnish-
iugthe means for unrestricted intercourse
and free commerce. The increased activity
in the docks is very apparent. Owner* ot
vessels which for four years past have been fit
government efnploy, hare hastened to obtain
release from their contracts, and ate loading
with merchandise for the Soutuem seaport
towns. Vessels of every character which
havot been lying idle during the war, have
brushed up and are preparing for missions of
brotherly love and money making in the
Southern ports.
The increase in the traffic which has re
sulted from the Older of the President is best
seen by the examination of the list of vessels
preparing to sail from this port. We find
that since the promulgation .of the order over
fifty vessels — many of them first-class steam
ers—have been added to the trade with the
Atlantic aDd Gulf coast cities. *e«|£
The following additions have been m*df to
the Charleston and Savannah trade:
Steamship City of Port au Prince, Bark
Lamplighter, Steamship Alhambra, Steam
ship America, Steamship Chase, Steamship
Thames, Steamship Qrenada, Schooner Elk,
Schooner John Randolph, Schooner Ann
Elizabeth.
—We shall doubtless have early news of
large additions to the commercial fleet which
is already being organized in the cause of
Peace and Unioo. The movement it one of
the deepest interest to all parts of the coun
try, and the real true friends of Union will
soon act with unanimity throughout the East
and West. The reopening of trade is not
only a guarantee lor widespread prosperity,
but a most powerful peacemaker, and will
do much to-wards reuniting the North and
South in that old bond of Union which wi I
be made stronger and more hallowed by tb*
very wtf which sought to divide it.