Savannah daily herald. (Savannah, Ga.) 1865-1866, May 23, 1865, Image 1

Georgia Historic Newspapers

Savannah daily herald., May 23, 1865, Image 1

About Savannah daily herald. (Savannah, Ga.) 1865-1866 | View Entire Issue (May 23, 1865)

Page of 4

Prev Issue Next Issue

Text PDF JP2 (4.6 MB) Clip/Print Image

Page of 4

Prev Issue Next Issue

Return to Top

Newspaper Page TextSAVANNAH DAILY HEKALD. VOL. I—NO. 109. The Savannah Daily Herald (MORNING AND EVENING} IS PUBLISHED BY 0. W. MASON A CO., At 111 Bay Strket, Savannah, Georgia, terms: Per Copy Five Cents. Per Hundred *3 60. Per Year *lO 00. A nVEKTIS i no:' Two Dollars per Square of Ten Lines for first In sertion ; One Dollar for each subsequent one. Ad vertisements ineertej} in the morning, will, if desired, appear in the evening without extra charge. JOB POINTING, In every style, neatly and promptly done. justness QIIARLE9 L. COLBY & CO. SHIPPING, COMMISSION AND FORWARDING MERCHANTS. •HINES BLOCK, CORNER BAY ANI> ABERCORN STREETS, SAVANNAH, GA.. LIBERAL CASH ADVANCES Made on Consignments to the firm of Chas. L. Colby, of New York, or to our friends in Boston. A. H. HOLWAY, Resident Partner. REFERENCES; Messrs. Dabney, Morgan & Cos., New York. Jariva Slade, Esq., New York. Hon. .1 Wiley Edmands, Boston. Gardner Colby, Esq., Boston. maylß—tf rjMIE UNDERSIGNED Resumes the PRACTICE 'OF LAW at hts Office, 175 Bay Street. may >2-3t JOHN M. GUERARD. J I* THOMAS, Has opened an INSURANCE, BROKERAGE and General Agency Office at No. 117 Bay street, and will attend to the purchase and sale of real estate, stocks and bonds. inayll ON NEW YORK. FOR SALE BY H. BRIGHAM, apOO ts * 93 Bay street. STEELE & BURBANK, 11 Merchants’Row, Hilton Head, S. C. Call the attention of Wholesale and Retail purchasers to their superior stock of MILITARY AND NAVAL CLOTHING AND FURNISHING GOODS, Watches, Clocks, Fancy Goods, Jewelry, and Plated Ware,Swords, Sashes, Belts, Embroderies, Boots,Caps Fi Glasses, Gauntlets Gloves. Ac., Ac., Ac. QO- PARTNERSHIP, The undersigned have this day formed a co-partner ship under the firm name of Charles L. Colby A Cos, for the transaction of business os Shippiug, Coramis sion and Forwarding Merchants. CHARLES L. COLBY, ALEXANDER H. HOLWAY, S. PAGE EDMANDS. Savannah. Ga., May 16th, 1865. ts mayl7 Riddell a murdock, WHOLESALE AND RETAIL DEALERS IN SUTLERS’ AND NAVAL STOKES, DRY GOODS, BOOTS AND SHOES, HATS AND CAPS, Gentll.ven's Flemishing Goods, Ac., No. 5 Merchants’ Row, Hilton Head, S. C. , w. <l. RIDDELL, fjanlO — tf] H. J.MUEOOK. KW. CAMPBELL. VETERINARY SURGEON • having reopened his office and vard, on Wil liam street, is now prepared to treat (on scientific principles,} all diseases incident to Horses that are susceptible of remedy. Charges moderate. Cures warranted. Terms cash. fehl6 ts BAKERY A CONFECTIONERY ESTABLISH MENT AT BEAUFORT. We respectfully call the attention of the public to our Bakery A Confectionery Establishment in Sam. A. Cooley’s Building at Beaufort, at which we are prepared promptly to fill any orders wiiicb may be for warded to ns. Special attention is paid to the man ufacture of Ornamental Pieces, Fancy Coufectionery, and Elegant Pastry, for holiday on' estival tables, Feh. 3-ts McMANUS A MURRAY. QOLUM BI A N (MARINE} INSURANCE COMPANY OF NEW YORK. (.'ASH CAPITAL $3, SQgPOft. The undersigned are prepared to Insure under Open Policy from the above Company to the extent of SIOO,- o<>o in property in any first class Steamer, and from $50,000 to $75,000 on any first class sailing vessel, on the most favorable New York terms. For further particulars apply to CHARLES L. COLBY & CO, ■Tones Block, corner Bay and Abercorn streets, maylS ts Savannah, Ga. POST QUARTERMASTER’S OFFICE, Carerhal Railroad Bane, Savannah, Ga., May, 15t,.1865. In pursuance of orders, received at this office, all n,lEen9 occupying buildings, whose owners are ab * cnt "’‘thin the Rebel lines, or buildings, or other property belonging to disloyal persons, will, nnless ruch buildings have been previously assigned—rent bee settle the rents for the same,due the Uni ted States, at this office on or before the 10th of May. A ffiilure to comply with the above will cause a forfeiture or all claims to further occupation. S. S. STARR, mayl °«Pt- and A. Q. M., in charge of buildings. CIDER FOR SALE, 1 ° fam >lies by the quart or gallon, at O'MEARA Jt CO’S mh24 ovcr Adam8 ’ Express Office. Bay street. anb (Clothing. L C - NORVELL A CO. CORNER BULL AND BAY STREETS, ITAVR JSBT RECEIVED THE LARGEST AND MOST COMPLETE STOCK —of DRY GOODS, CLOTHING, BOOTS AND SHOES, HATS AND CAPS. EVSR OFFERED IN THIS MARKET, Which will be sold AT WHOLESALE AND RETAIL, ITON THE MOST FAVORABLE TERMS. PRINTS. Lawns, latest styles, Organdies, Organdie Robes, Ginghams, Jaconets, _ Mozambiques, Bareges, all kinds, Crape Maretz, all colors. MOURNING GOODS. THIS DEPARTMENT IS COMPLETE IN ALL ITS DETAILS, GLOVES. Ladies’ and Gents’ Black and Colored Kids, best make, Lisle, all colors, Silk, all colors, Fillet Mlts. HANDKERCHIEFS. Linen Cambric, Hemstitched, Gents’ Printed Borders, Gents' Silk. HOSIERY'.. Ladies’ Black and White Silk, Ladies' Black and White Cotton, Misses’ Black and White Cotton, Children’s Black and White Cotton, Ladies’ and Misses’ Gauze Merino Vests, Gents' Merino Vests. UMBRELLAS AND PARASOLS. Ribbons, Bonnet and Belt, all kinds. BONNETS White,Black and Coloied Straw and Braid Bonnets Ladies' Misses’ and Children's Flats, in great va- riety, A full assortment of Gents’ aad Boys’ Hats. FANS IN EVERY VARIETY. LARUE AND WELL ASSORTED STOOL OF LADIES’ ANI) GENTS’ SHOES. CLOTHING. Linen and Cassimere Summer Snits, Alapaca Coats, A Full assortment of Military Dress and Fatigue Uniforms. mty2« OSQUITO NETTING, AT m«y2o L. C. NORVELL & CO. DRUGS, CHEMICALS, PERFUMERY, &t\ A. A. SOLOMONS & CO. Beg to inform their customers and the public general ly that they havejust received per steamer America, A FULL ASSORTMENT OF GOODS IN THEIR LINE. And with a thoroughly REPLENISHED STOCK, they are enabled to fill orders as faithfully as hereto fore. TIIEV HAVE ARRANGED TO RECEIVE 83FPLIICS WEEKLY. Being compelled to adhere to ■jhe CASH SYSTEM, \ Funds must in all cases accompany the orders to in sure attention. AT THE OLD STAND. Market Square, n™? l * 1° Savannah, Ga. QLD NEWSPAPERS^ FOR WRAPPING PAPER, For sale at the SAVANNAH HERALD OFFIC NO. 11l BAY STREET. mar 22 gTOVES 1 STOVES! 1 STOVES! I! Large and small, for Restaurants and Families. All kinds of HOLLOW WARE and Cooking Uten sils, Planters* HOES, wholesale and retail, by JAMES G. THOMPSON & CO*., apl f—m&th6 Beaufort. S. C. NKVVN-D &ALEHH AND OTHERS DESIRING The Savannah Daily Hxald at Wholsale are re quested to send in their orders as early In advance aa practicable. , W, MASON A Cd. SAVANNAH, GA., TUESDAY, MAY 23, 1865. RESUMPTION OF SPECIE PAYMENTS. We have endeavored to show in what man ner the fluctuations in the value of gold produced by the scope they afford ed tQ speculators, who working on the hopes and fears of those disposed to gamble in tlds mode, elevated or depressed the price of gold as victory or the reverse attended the arms of the contending parties ; but that things having resumed their, natural state the price of gold will in future be influenced by natu ral and not by artificial causes—by commer cial circumstances —by the demand as com pared with the supply. The question of the great excess or re dundancy of our paper money admitted of no denial. Its value was much below the level of value of the currencies of other countries. A considerable reduction of its amount would restore that level. The price of gold would bear its proper relation to the substitute, paper money, which professes to represent it. The Foreign Exchange would exhibit the state of trade as influenced solely by the exports and imports. The ex pense offveight, insurance, commissions, &c., would form the limit to the premium on bills in making remittances from tbe debtor to the creditor country. Foreign commerce would be restored to its normal condition, when the state of the currency leaves no other source of fluctuation in the rate of foreign exchange than such as arises from the oscil lations of trade. The present state of the Foreign Exchange exhibits an anomaly.. Sterling bills are nearly at par which is a clear evidence, the currency being depreciated, that the Foreign Exchange is in reality in our favor, confirm ing the view taken by Mr. Blodget, whose pamphlet we recently .reviewed. What quantity of paper money could be absorbed in the exchanges of the country is one of much importance, and a questiou of difficult solution. It is impossible to arrive at such a result unless by approximation. A comparison between different periods of history furnishes the only elements of such a comparison. The latest* Treasury report we have in relation to the circulation of all the banks in tbe United States was made in 1855. It was then $187,000,000. The increase was about 30 per cent on the previous twenty years. At that rate of increase the bank note circulation of the United States at present would not exceed $230,000,000. We have seen no official statement of the present amount of the paper currency in the United States which must include, of course, the amount issued by National Banks, as well as by the government, iu the form of green backs. We have seen the latter stated to be six-hundred millions. We know not on what data. The notes of the National Banks must be at least of equal amount. Some portion of the government paper money must have been absorbed by investments on the public securities. It is said to be probable, if not certain, that the whole of the two separate loans authorized by Congress, (that of $4000,- 000,000, in February 18G4, and that of SGOOO,- 000,000 on the 3d of MarchJßGs,) has been nearly absorbed by these investments. When it is recollected that in 1855 less than two hundred million sufficed for the wants of the couutry, if even a wide mar gin is allowed for the increased value and quantity of our productions within the last four years, as affirmed by Mr. Blodget, it seems scarcely possible to imagine that the resumption of specie payment can take place in less than four years. The Back of England continued in suspen sion from 1797 to 1822, twenty-live years, and resumed in not less than seven years alter the general peace of 1815. The peace of 1783, closed our revolutionary war, but a general stagnation prevailed until the adoption of the Constitution in 1789, a period of six years. . The suspension of specie payments in 1813, the currency being depreciated only 25 per cent, did not witness general resumption un til 1817, a period of four years. Mr. Blodget's position was that the balance of trade with Europe is in favour of the United States, and has been so for a period anterior to 18G0. He demonstrated it by comparing the value and quantity of our exports within the last four years with their value in that year, showing a successive in crease in both value and quantity, the average increase, comparing the four last with 'the four previous years, and making the average increase 331-3 to 50 per cent, of which average gold constituted $28,508,503. This excess of exports over imports during a period of war when the productive powers of all countries are checked, is contrary to all expectation. The faet of the foreign exchange being at par or nearly so, while the currency is de preciated seems to afford conclusive proof of the truth of the conclusions at which Mr. Blodget has arrived. The explanation of the anomoly seems to be bere. The nominal exchange, or that which arises from the state of the currency is counteracted by the real exchange, or that arising from the excess of the exports over the imports. If the paper i currency were of equal value with gold, the foreign exchange would be greatly in our favour, as it is in reality, the exports greatly exceeding the imports. This peculiarity has been exhibited more than once in our history. In 1830-37 the currency of the United States was greatly depreciated, while there was an influx of gold. This was so contrary to the laws of trade as to have excited at the time, general surprise. The explanation was to be sought iu the fact, that the States being then exten sive borrowers in Europe, for purposes of banking and internal improvements, they had large credits there and drew against those credits, which was the same in effect as draw ing against an actual balance. The number offering bills in the market, greatly exceeded the number purchasing bills. The price of bills declined, and it became advantageous to remit gold to the United States. The real exchange was iu counteraction of the nomi nal exchange, as at present. Tiie conclusions at which we have arrived, are, 1, That the redundancy of the currency being beyond denial, there are no means of arriving, except by approximation, at the extent of the excess, from the fact that the exports have in creased most unexpectedly during the war. A larger production demands a greater vol ume of currency. 2, Tint this excess of exports Ifas led to an anomalous state of the foreign exchange, a favorable real exchange having counteract ed an unfavorable nominal exchange, in oth er words, the excess of exports over imports has countervailed the influence of a deprecia ted currency. *** Speech of General Rosecrnns on the Mexiean Emigration Scheme. Major General Rosecrans visited the repre sentatives’ Hall in the State House, Boston, and at the Close ot the session made a speech He said, I perceived in largerietters in the news papers to-day that General Rosecrans is going to raise twenty-five thousand men to go to Mexico. General Rosecrans is not going to do any such thing. (Applause.) General Rosecrans thinks that the soldiers who have fought this great battle for freedom have done it with more patriotic motives than have ever been seen before—(applause)— and I do not think that our young men, who have distinguished themselves in the annals of all time, will permit themselves to be mis led, or should be misled from their high and honorable course, into any buccaneering ex pedition. (Loud applause.) The General further said he hoped to see public opinion directing our young men into the channels of peaceful industry, in which he proposed to set an example. I have taken occasion to make these remarks because I saw, wheu in Washington, men williug to start something or other —men whose advancement hitherto has not been sufficient to gratify their ambi tion. But if you examine the names of those mentioned in the advertisements you will ffud they are third rate fellows, who are not worth a snap, and that one common soldier is worth a dozen of them. (Loud applause.) At tha close of the speech three rousing cheers were given tor Gen. Rosecrans, and three for the Army of the Cumberland. How the AssassAs Look. —Azrerott and Payne seem the most unconcerned of the prisoners. Atzerott advanced to the bar in front of the raised seats, and leaning his el bow on the rail, conversed at tenth with his counsel, Mr. Win. E. Doster. Payne direct ed a cool, impudent stare by turns upon every person in the room. His bold eye, prominent under jaw, and athelic figure, gave all the marks of a bold, desperate vil lain ; but not one capable of planning a deed of cunning. When be in turn advanced to the bar to couversc with his counsel he rest ed his manacled wrists on the rail, and droop ing over it in bTioyish style, his coal black hair fell over his eyes in masses, adding to the savage desperation of his look. He scowled as he talked, and once or twice a grim smile appeared about his mouth, but seemed to find no lodgement about the fierce eye. He seems to affect as rowdyish a dress as possible, and to-day appeared in nothing but a close-fitting, collarless, blue woolen undershirt, pants of the satire color and mate rial, stockings and shoes. On Saturday lie wore a steel-mixed outer shirt, Or gray, with collar, but—as on to-day—with no coat or vest. As he sat with his head defiantly thrown back against the wall, his tall form towered preponderantly above those of his fellow prisoners on the bench. In fact, the others are qll small sized men. Atzerott is the shortest of the lot. and has the meanest face, but is thick set, and of a build around about the shoulders denoting great physical strength. He is dressed in a coarse suit of mixed gray. O’Laughlin and Spangler ap pear much depressed, and the former, espe cially looks pale and haggard. The full forehead and rather reflective cast of face of Dr. Mudd seemed much out of place among the low type of countenance of his fellows. Harold looks dirty in face and dress, and with hair apparently uncombed smee the beginning of the trial, and is not at Jill pre possessing.— Washington Star, May loth. Billiards—The Match for the Cham pionship —Last night at the Everett Rooms, the proposed grand match for the champion ship lor SI,OOO wa3 to take place. Louis Fox of Rochester, and Dudley Kavauagh were to be the contestants. Many of the principle billiard players of the country were present. Mr. Kavanagh did not appear, and Mr Fox, with due propriety, claimed the golden cue. When the claim was made there was general applause. , . It then appeared that a call was made for a special meeting of the Billiard Congress this morning at half-past eleven o'clock at Phelan & Collender’s room. Mr. Kavanagh’s excuse for not being pres ent, was illness, but the question is to go before the Congress.— N. Y. Ngwa. May 17m. PRICE: 5 CENTS THE ASSASSINATION —IMPORTANT LETTER. Miss Mary Hudspeth, a witness for tbe prosecution, testified, that in the month of November last, while riding in the cars of the Third Avenue Railroad, New York city, two men who were earnestly talking together exchanged letters, and one ot them dropped an envelope containing two letters which she discovered after they had both left the car. It has since been ascertained that these two were a man named Johnson, and John Wilkes Booth. The letters were produced in court and are as follows. They show that the casting of lots to decide who should be the murderer of the President was done as early as November last: no. 1. Dear Louis: —The time has at last come that we have all so wished for, and upon you everything depends. As it was decid ed before you left, we were to cast lots.— Aecordiugly we did so, and you are to be the Charlotte Cord ay of the nineteenth cen tury. When you remember the ' fearful, solemn vow that was taken by us, you will feel there is no drawback—Abe must die, and now, you can choose your weapons.— The cup, the knife, the bullet. The cup fail ed us once, and might Johnson, who will give this, has been like an enraged de mon since the meeting, because it has not fallen upon him to rid the world of the mon ster. He says the blood of his gray-haired father and Ins noble biother call upon him for revenge, and revenge he will have ,• if ho cannot wreak it upon the fountain head, he will upon some ot the blood-thir3ty generals. Butler would suit him. As our plans were all concocted and well arranged, we separat ed, and as lam writing—on my way to-De troit—l will only say that all rests upon you. You know where to find your friends. Yonr disguises are so perfect and complete, that without one knew your face, no police tele graph despatch would catch you. The Eng lish gentleman, Harcourt, must not act has tily. Remember he has ten days. Strike tor your home, strike for your country; bide you time, but strike sure. Get introduced, congratulate him, listen to bis stories; not many more will the brute tell to earthly friends. Do anything but fail aud meet us at the appointed place within the fortnight. I inclose this nrtte together with one of poor Leenea. 1 will give the reason for this when we meet. Return by Johnson. I wish I could goto you, but duty calls me to the West. You will probably near from me In Washington. Sanders is doing us no good in Canada. Believe me, your brother in love. Charles Selby, no. 2. “St. Louis, October 21, 1864 Dearest Husband: —Why do you not come home! You left me tor ten dayafonly, and you now have been from home more than two weeks In that long time only sent me one short note —a few words—and a check for money, which 1 did not require. What has come over you? Have you forgotten your wife and child? Baby calls for papa uutil my heart aches. We are lonely with out you. I have written to you again and again, and as a last resource, yesterday wrote to Charlie, begging him to see you and tell you to come home. lam so ill, not able to leave my room: if I was, I would go to you wherever you were, if in this world. Mam ma says I must not write any more as I am too weak. Louis, darling, do not stay away any longer from your heart-broken wife. Leenea.’* Q.—At what time in November did you pick up this envelope and these letters! A.— The day Gen. Butler left New York. I cannot tell the precise date, but Gen. Scott to Id me he had left that morning. Q. —Was that alter the Presidential elec tion in November? Yes. sir. Q.—What did you do with those letters after you examined them and found their character ? A.—l took them first to Gen. Scott, who asked me to read them to him. He said he thought it was of great impor tance, and asked me to take it to Gen. Dix; I did so, and gave it to Gen. Dix. The English Press on the Assassination. The London correspondent of the N. Y. Tri bune thus speaks of the past conduct of the English papers and their altered tone since the murder of President Lincoln ; There is no getting over or ignoring the fact that the blameless President was mur dered in the supposed interest of, or sacri ficed to the revenge of the South. And dis avow it as they may, ring the changes of eh logy on the man whom they so persistently vilified while living, pile repentant wreaths of immortelles upon his coffin, it shall not avail them to escape some portion of the respon sibility. „ “I do not envy,” said Mr. Taylor, M. P: for Leicester, in his noble speech in St. James’s Hall, last Monday, “the feelings of those supporters of tlut portion of the British press—or rather the .British Confederate pres l *”—(which appellation elicited a roar of approbation) “who for four long years have heaped upon the head of Mr. Lincoln every opprobrium and every calumnly that could be leveled against the character of so great and honest a man. . I do not believe those writers and speakers knew that their words were tending to the bloody and sad result that has been achieved but 1 do say that they did their utmost to ex cite the passions of the slave-drivers of the South.” And so it is generally felt. The Times, The Post, 'fhe Telegraph, Punch— almost the beastly old Standard—make haste now to unsay, the past, with but cold con sideration for the defeated South—the old dragon who died so hard, and whose death sting struck down our President. Accom plices before the act, they turn their backs on it and its abettors, and cannot sufficiently re- own condemnation. The Portland Press says, “ Portland has three pressing wants: additional houses to_ accommodate increased population ; a large first class hotel to accommodate the great number of strangers constantly in the city, and a large and well appointed opera hou-e for general amuse meat.” ■ i-