SAVANNA! DAILY IIEEALI).
VOL. 1-NO. 161.
The Savannah Daily Herald
(MORNING AND EVENING} * '
is rcsuasED us
63. W. MASON & COm
• at 1U Bat Street, Savannah. Georgia,
Pci tiopy .Five Cent?.
Per Hundred $3 60.
per Year. 4UO 00,
Two Dollars per Square of Ten Lines for first In
sertion ; One Dollar tor each subsequent one. Ad
vertisements inserted in the morning, will, if desired,
appear m the evenfcig without extra charge.
in every style, neatly and promptly done.
I if A
TO ANT AMOUNT. IN GOOD COMPANIES. -
KNICKERBOCKER LIFE INSURANCE COMPANY
OF NEW YORK.
NEW ENGLAND MUTUAL LIFE INSURANCE
COMPANY OF BOSTON.
Issues all klads of Policies of Insurance on Life.
FIRE IUS USANCE.
COLUMBIA FIRE INSURANCE COMPANY, OP
PULTON FIRE INSURANCE COMPANY. OF NEW
EXCELSIOR FIRE INSURANCE COMPANY, OF
GEORGIA HOME INSURANCE * COMPANY, OF
EUFAULA HOME INSURANCE COMPANY, OF
EUFAULA, ALA. #
WOODVILLE INSURANCE COMPANY, OF EU
MARINE AND RIVER INSURANCE.
COMMERCIAL MUTUAL MARINE INSURANCE
COMPANY, OF NEW YORK.
GREAT WESTERN MARINE INSURANCE COM
PANY, OF NEW YORK. »
Under Open Policies of these Companies I will take
Risks s$ regular rates.
Asply to A, WILBUR, Agent,
At Ofifoe of Home Insurance Company,
jy20.1 w 69 Bay street, Savannah, Ga.
—— ' 11 ' ■ ■ it :
JJAIUNK INSURANCE tokrv--*. • hGUffitofr*
COLUMBIAN INSURANCE COMP'Yor NEW YORK
Riven Risks e:> Favorable Tsana.
CASH CAPITAL ..$3,600,000.
The undersigned are ready, through tfeelr open poli
cy with the aouve. to edect insurance for Augusta,
New tout, and Jacksonville,
AT THE LOWEST MARKET RATES.
Mdse, on first-class Ocean Steamers SIOO,OOO
“ “ “ bailing Vessels.... 15,000
“ “ •* River steamer or Flat.... 15,000
Skippers will find it to their interest to call before
effecuug insurance elsewhere.
CHARLES L. COLBY & CO.,
|S YOUR LIFE ENSURED?
This is an important question lor every man and
lmpuriam aisu to every wile and mother as it affect*
tiitir liiuie weJl'are.
SEE TO IT AT ONCE. DO NOT DELAY.
The "Knickerbocker Life Insurance" of New Yoik
will insure you ut the usual rules in any sum trom si.uo
They aiso issue the f vurue TEN YEAR
o,\ Jf’Oßi'EiTUiiE Po.icies, and wIU alter two years
p«yme.,t give u uui paid up i ,atcy for l wo Teutns the
Whole suui, auU Three Yeurs't hree Tenths, and so
on. Thus a Policy oi Two Premiums paid
upon ii will he enutlt uto a paid up Policy of $ Aooo.
and live years livo-ieultis for every additional year.
Tor further uuoruiuligi> apply to
A. w U.BUR, Agent, «
At the office of the Home insurahoeCa,
ju27 bd jbay st., Savannah, Ga.
HTRE NEW ENGLAND MUTUAL LIFE INSIL
A RANGE company, oF BOSTON.
PURELY MUT UJVL.
This la one of the oldest and best Companies in
Policies on laves for any amount up to $16,000 are
taken oy them. , ’ .
Thu Policies of these Companies were not canoelled
me war uuul heard ir.*:*v—a fact which shews
their Heating and neterunnatiou to be just and honor
aoieiu all cases. AppiJ to , __ s
BUR RE, & BRO.,
WHOIE SAI- E BS^ISR*
AhES, ffINSS aND LIQUORS,
Corner 'tn ) rigt» Street and Bay Law*.
ORDERS PROMPTLY FILLED AJfiD DELIVERED.
_ j 0.21 •. ■ ts
Q s7 iiDadl,
AND ATTORNEY FOR CLAIMS,
No. 247 F Street, Betvvwn 13x» and 14th Streets.
(*eor Pay Department,'; '*
WASHINGTON, D C.
IjjrS <|oolrs aitb fclofitg.
H. A. TOPHAM ' 1,1
13$ CONGRESS STREET, SAVANNAHA .
»«. T kxrctlanti* bow, kuton hmJ
Calls the attention of Wholesale andil pur
chasers to his superior Sfock of I *
MILITARY, NAVAL and CITIZENS' Cl IING,
a T »S, and
’ V GENTS* FURNISHING GOOD!
FoFsale at the Lowest Market price. - ! «
Additions to the Stock received by «ve#teamer
from New York. 11-ts
QARHART, WHITFORD A CO., j~
MANUFACTURERS and WHOLESALE-ALERS
READY MADE CLOYING,
331 and 333 BboadwAy. oor. Worth ext,
TANARUS, F. Cam art, I Henry Sox
Wit H. WIUITOBD, I A. T. Him ,
J. B. Va it, Waoenen.
Office of Pay an A Carhart in, liquidation
Jyt> ‘ |m
C. NORVELL A OO. a
(Cor. Boil and Bay Streets, )J
ARE CLOSINQ OUT THE jeLANCE
OF Tpern f
IMMENSE SUMMER STtxi
NEW YORK dST.
JW ■ •8w j
WHOLESALE ‘AMD RETAIL DEAUS
SUTLERS* AND NAVAL STORES, I GOODS,
BOOTS AND SHOES, HATS ANfPS,
Gentlemen's Fcbnirhino Gooisf-.
No. 6 Merchants* Bow. Hilton and, a C.,
w. o. biddrll. fjul3-tfl q*nnu>ooK.
HATS AND CAPS,
BOOTS ANBOEK Ao„
», A. TOPH4’S,
NO. 138 CONGRESS STRf.
This Store is well stocked with s suyr quality of
goods, which will be Mid remarkabneap, as the
P.oprietor wishes to make room iopew assort-
STEELE ft BURBANK,
Hlltqead, S. C.
Call the attention of Wholesale and XI purchasers
to their superior stock of
MILITARY AND NAVAL CJHING
Watches, Clocks, Fancy Goods, Jew, and Plated
SEEMS TO RE TOE -
END OF OUR NATIONAL ROUBLES.
THE HILTON HEAEHOUSE,
Cobweb or Johnson Squabs and ?aw Struct,
Is now in good running order—alee where the
weary can End rest, and where the liters have no
BURTON'S EAST INDIA PALE 4£.
COOL LjER, ON ICE.
LUNCH AT ELEVEN O’f.OCK, A.M.
No crippled jaws wanted in thhjstablishment in
Old acquaintances ne'er forgot. .
“ For particulars see small 4c"
Jyl9-tf Proprietor Heyi House.
QLAMS! CLAMS! .
I have the best Clams at Hilton Head, nd the best
Cooks, in proof of which statemeit X addee the fol
lowing testimony from Mr. Benj. Honew advertise
ment In the Savannah Daily Ribald, cj the lost oi
"There is no man in Port Royal that <m serve up
Clams in eTery style better than Nr. Fituerald, at the
Ragle Saloon, in rear oi the Post Office. V
••These is Where the Vcoh Cocoa In.”
My dear Ben we wish you a long life and % merry
lu addition to the above luxury, we furnish is good
a meal as can be obtained it Hilton Head, or any
other place in this Deparimeti.
GIVE US I CALL,
And we feel confident that yot will leave onr estab
lishment satisfied that whatever we advertise you
will find to be correct.
Do not forgetourold estahiihed house, in therear
of Post Office.
' juSO , Proprietor.
HPHE NEW SKIRT FOR 1«5.
** "BRADLEY’S DUPIEX ELLIPTIC.”
A wonderful invention lor ladies. Unquestionably
superior to all others.
Don’t fail to read the advertisement in the Savannah
Herald containing full particulars every Saturday
morning. jy6 utaw3m
yIRGIxTX~ tobacco aolncy.
GEORGE R. CRUKP & CO.,
209 Broad Stbhxt, Augusta, Ga,
Hive on hand a large and veil selected stock of
Manufactured and Smoking Tobacco.
Samples sent by Express when desired. 3m ju2o
gTOVES l STOVES I! SfOVES !!!
Large and small, for Restaurants and Families.
All kinds of HOLLOW WARE and CooJdag Uten
sils Planters' HOES, wholesale and retail, by
BUB ’ JAMES G. THOMPSON & 00.,
jll4mo Beaufort, S. C-
SAVANjAH, GA., TUESDAY, JULY 25, 1865.
ThetPndersipied have entered into Co-partnerdiip for
to this city, under the name of Woodbrldge Brothers.
Wo offer our services to friends and the public pro
misug faithful attention to all orders and catsigu
WM. B. WOODBRIDGE,
RICHARD W. WOODBRIDGE.
HENRY H. WOODBRIDGE.
Bavannah, July S2d, 1885.
We will give particular attention to the interests of
F.antora In Georgia, receive their cotton and sell it in
Wie Savannah market, or send It to our Correipon
aents in Northern markets under cash advtmces,
wherever the highest prices can be obtained.
3 WOODBRIDGE BROTHEXS.
W. B. GRIFFIN A CO. ~ |
W. B. Griffin, J. C. Moaner, F. Plcmjb.
AUCTIOIf AND COMMISSION MERCHANTS,
Wlllgive prompt attention to all consignment and
make liberal advances when desired. Jnajqm
TV) SHIPPERS OF COTTON AND OTHER
FENNER, BENNETT ft BOWMAN,
Successors to Hotchkiss, Fenner ft Bennett.
°° “ M 0H o merchants,
No. 40 Veskt Street, i.jcw York.
And Memphis, Tenn. _
Tbomas Fenner, Hl.net Bennett, ft W. Bowman.
QHARLES L. COLBY ft CO.
SHIPPING, COMMISSION AND FORWARDING
JONES BLOCK, CORNER BAT AND ABEBOORN STRIKES,
LIBERAL CASH ADVANCES
Made on Consignments to the firm of Chas. L. Colby,
of New York, or to our friends in Boston.
MAUDE ft WRIGHT, Agents at Augusta, Ga.
Messrs. Dabney, Morgan ft Cos., New York.
Jarlvs Slade, Esq., New York.
Hon. J Wiley Edmanfis, Boston.
Gardner Colby, Esq., Boston. jylS*—tt
SHIPPING AND COMMISSION MERCHANT,
No 17 Broadway, New York.
Liberal advances on Shipments to above Consign
ment, made by '
HUNTER ft GAMMELL.
Agents Pioneer Line Steamships,
84 Bay Street, Savannah.
Reference in New York—
Messrs, Spofford, Tileston ft Cos.
may 26 ‘ 3 mo
BALDWIN ft CO.,
110 Duane Street, New York,
9 and 11 Hanover Street, Baltimore,
DRY GOODS COMMISSION MERCHANTS,
Liberal advances made on Consignments, Sheetings,
Osnaburga and Y aim jyig
COMMISSION AND PRODUCE MERCHANT.
Strict attention givon to all CousigiSShents. jflj
Corner Bbocohton aPd Jefferson Strerbu 1
J. GUILMARTIN ft CO.,
COMMISSION AND SHIPPING MERCHANTS,
NO. 148 BAY STREET,
(Opposite the City Hotel,;
Particular attention given to procuring Freights,
and filling orders for Hard Pine Timber and Lumber,
Cotton, Wool, Hides, Ac.
L. J. GUILMABTIN, JOHN FLANNEBt. *. W. DRUMMOND.
IvlT , lm
VfTTCHEL & SMITHS. *
1 GENERAL COMMISSION MERCHANTS.
Dealers in Sheeting, Shirting, Osnaburge, Yarns,
Rope, Bagging, Manufactured and Smoking Tobacco,
Particular attention given to the Purchase, Sale and
Shipment of COTTON.
Ralston’s Granite Range;—Third Range,
References.— Erwin & Hardee, Claghom & Con
ningham, Savannah; L. G Bowers, S. M. Farrar, Cos
lambus; E. B. Long* Cos , L. B. Dtvis, Augusta; P
P Pease. V. A. Gaaklll, Atlanta. ju2B.lm
Q.EO. R. CRUMP & CO.,
AUCTION AND COMMISSION MERCHANTS,
209 Broad Street, Augusta, Ga.
GROCER AND COMMISSION MERCHANT,
Consignments Solicited. „
Cotton Purchased and Shipped. Merchandise
bought and sold on Commission.
Will also take Agencies for the sale of any Goods
and Merchandize required in the Sosthem market.
-jy22 3m i
Will attend to the Selling or Receiving aEd For
warding all kiids of Merchandise, Produce, &c.
Office for the present at the Drug Store of J- M.
HEADQ’PS POST OF SAVANNAH,
Savannah, Ga., Jnly 18, 18C5.
oam-ra/orders No. 49 from these Headquarters,
dated June 2M, 1865. which provides for the orgam
of a Miitary Police for the city, is hereby abol
-18 The Chief cf Police wiU immediately turn over to the
Post Ouarternaster alt buildings heretofore held tor
: h p ~2, 0 f the force under his command.
h The Provod Marshal of thU Poet will at once pro
ceeds organize a system of armed Patrols, I the ob
fect of which will be to insure gooff order and public
safety throughout the city.
By command of Bvt- Brig. Gen. E. P. DAVIS
Jno. Mullen, A. A A. G. jylßj —_
SIXTY BALES HAY,
j c „dißir torn Steamship America. For »ale by
jyUS BRIUHHM, BALDWIN * 00,
SCARCITY OF CAPITAL INSTITU
TIONS OF CREDIT.
Os the two great elements ot production,
capital and labor, the scarcity of the former
is the principal impediment to the restoration
of the prosperity of the South. The rava
ges of war have left it with very little of the
material of wealth. In the leading depart
ment of its industry—its agriculture, the de
struction of stock, of implements of cultiva
tion, and of all. agricultural appliances, has
been for the short period that armies have
occupied its soil almost without parallel.
The presence of capital by which the waste
of war may be replenished cannot be expect
ed among us until credit and confidence are
The declamation against the use of credit
appears to us most absurd as an instrument
of production. Labor may be obtained by
immigration should the system of free labor
fail to supply it iu due proportion to capital,
but bow ip this to be obtained ? Similar evils
require similar modes of treatment. /The
historical analogy is striking between the con
dition of the South, and many portions of
Germany, particularly Silesia, after the seven
years war. That country had been devasta
ted by contending armies. Its agricultural
capital had been wasted. The remedy was
simple and effectual. It consisted of Insti
tutions of Credit, organized under the name
of Credits Fonder. The following account of
them is copied from “Tooke’s History of
Prices, ’vol. 6, page 96.
/‘The earliest example of an institution of
credit foncier is believed to have been afford
ed in Silesia at the close of the seven years
war. The landed proprietors of the provin
ces had been exhausted by the conflict, and,
adopting the recommendation of a merchant
of the name of Bukring, Frederick the Great,
authorized the formation among the land
owners of Silesia, of a mutual society for
guaranteeing the repayment of the advances
held by, or made to, sdiy of its individual
members. The lenders dealt not with the
individual, but with the Society; and the se
curity granted for each advance was an obli
gation or mortgage on the particular proper-
ty concerned, fortified by the joint guarantee,
and so adjusted as regards repayment, that
by means of a sinking lund of one per cent,
per annum, accumulating at compound in
terest at four per cent., the principal of the
debt was repaid in forty-one years. Simple
interest at four percent, was also paid during
the process of liquidation.
In general terms the system of Credit Fon
cier, as introduced into Siltsia, consisted in
improving the security offered to lenders by
means of the joint guarantee of the society
means of a special law; in providinglSrlfei
liquidation of the principal of 4he advance
| by means of a terminable annuity, to be ac
cumulated at compound interest; and by
providing also for the punctual payment,
year by year, of simple interest on the ad
The Credit Fonder seems to have been
speedily adopted throughout the Prussian
provinces, and from them gradually to
have reached Austria and most of the Ger
man States. It was introduced into Den
mark in 1830; and it has also been adopted
in the Baltic provinces of Russia. In Bel
gium and in Bavaria, Wirtemberg, and
some other parts of Germany, the State has
authorized Joint Stock Companies to put
themselves forward as intermediate agents
between lenders and individual land owners;
the Companies seeking a profit by the per
centege charged for their superintendence
France has also her Credit Fancier, “in ac
cordance with which the owners of money
capital are in the habit of making allowances
on the security of landed property.” They
are attended with more risk to the lender
than similar institutions in Germany. The
insufficiency of capital in France is also the
source of these institutions. The desire to
possess land, with its minute subdivision,
has produced great competition for capital
with which to bring it into cultivation that
interest for its use brings as high a rate, tor
the purpose, as 7 pet; cent, per annum, while
purchases of land;yield only 3 per cent
arising from the fact “that the largest part
of the advances in France are required by
persons, as stated by Mr. Tooke, who com
bine the two functions of Landholder and
Farmer, and who, not having sufficient cap
ital of their own to carry on the business of
cultivation, seek assistance from the class of
lenders. On the part of snch a borrower,
therefore, the fundj available for the pay
ment of interest, on borrowed money, is
two-fold;— namely, first, the return coming
to him as the rent of his land, and, second,
the return coming to him as the profit upon
his tanning operations.”
It is needless to point out the difference
between the circumstances which have pro
duced a scarcity of agricultural capital in
France and in Silesia and the Southern Stages.
In the former, it has been the result in a great
part of those territorial arrangements that
grew out of the revolution of 1789, by which
the land was divided and subdivided, and,
PRICE. 5 CENTS
therefore, of a permanent character, while
in both Silesia and the Southern States the
scarcity of capital has arisen from the rav
ages of war, and are of a temporary char
Now as the eause is the same so should
be the remedy. If Silesia was able to restore
and renovate her Agriculture by the use of
borrowed capital, why may not the Southern
States ? The public authority in Silesia aid
ed the scheme of M. Buring. The authority
of Congress has placed an insurmountable
impediment in the way of restoration. The
capital required cannot be produced at the
Southit is obtainable at moderate rates of
interest at the North if the restriction is re
moved that/subjects to confiscation all real
estate amounting to S2O 000. This precludes
that distribution of capital, which would re
lieve the North of some portion of its super
abundance, while it supplied the want of it at
the South. Application has been made to the
President from various quarters to relieve the
South from this restriction, and he has been
much censured for its non-removal, when it
depends on the parties themselves for relief
by merely taking the usual oath of loyalty.
It is scarcely conceivable that the Executive
should be anxious to remove obstructions
both to the Foreign and Coastwise trade, by
raising the blockade, at the earliest practi
cable period, and continue a restriction of
—ln Bath, New York, a dwelling bouse
was burned, on one of the shade trees in
front oi which a robin had built her neat.—
While the flames were in progress the mother
flew back and forth, calling her little brood,
in the liveliest distresss. But when all prov
ed unavailing, she calmly took her place on
the nest and perished in the flames with her
—A cat caught a sparrow, and was about
to devour it, but the sparrow said : “No
fentleman eats until he washes his face."—
'he cat struck at this remark, set the spar
row down, and began to wash his face with
bis paw, but the sparrow flew away. This
vexed puss extremely, and be said: “Aa
long as I live, I will eat first, and wash my
face afterwards," which all cats do, even to
—A peculiar work, shortly to be published
in Paris, is one on ‘.‘Literary Frauds," which
will embrace all the French writers who pub
lished works under assumed names, viz :
anagrams, asterisks, cryptonyms, initials,
literary names facetious or odd psendonyms,
(whether discovered or not,) apocryphal a id
supposed authors, plagiarists, aud unfaithful
publishers during the past four centuries. No
less than fifty thousand titles are quoted.
—A tower, commanding a view of the en
tire city and surrounding country, has been
built in Cork, Ireland, dedicated to the mem
ory of the late Prince Consort, on the occa
sion of the Prince of Wales’s marriage, and
named the “Albert Tower." A considerable
devotedito the reliet of the sick floor of the
* f ■
—When kelson’s famous signal was hoist
ed, “England eipects every man to do ids
duty," two Scotchmen were standing by.
One pulled a long, sour face, and said, “Bob,
Sandie there’s naetbing there about puir auld
Scotland *' “Hoot, mon." said Sandie,
“Scotland kons well enough her bairns al
ways do their duty. It’s only a hint to those
—4 woman was hung on Boston Common
about 70 years ago. Her crime consisted of
snatching a bonnet and reticule from a lady,
on one of the streets leading from Fort Hill.’
She was indicted for highway robbery, wm
convicted, and suffered the extreme penalty
of the of the law.
—Admiral Farragut visited Havard col
lege, recently, addressed the students, and
was dragged over the grounds by 200 of
them, as an accident happened to the whif
fle tree. The admiral will make a trip to
the White Mountains.
—Walt Whitman, poet, has been discharg
ed from his desk in the Interior department,
for immorality, his “Leaves of Grass” being
takeq as evidence of it. Walt was not fit for
any Interior place, but he has been taken into
the Attorney General s office.
—The intention to celebrate fifty years’
peace between England and France (instead
of the anniversary of the battle of Waterloo)
assumes a practical character. The place of
meeting of the peace celebrators will be tho
Crystal Palace. f
—There was no civic celebration In Nor
folk, Va.. 4th inst., the only public entertain
ment*being the killing of a negro by a white
man. In Richmond the excitement was very
—The American ship Wheeler, with a full
cargo of tobacco, lately stored in Richmond,
and bound for Bordeaux, France, ran aground
in the James river, and will probably have to
—The mansion of Jeff. Davis in Richmond
is still used as the military head-quarters of
the department of Virginia, and occupied
now bv Maj. Gen. Terry, and his chief of
staff, Brig Gen. Hawley.
Toe long promised book from James Bu
chanan. is now in the hands of Messrs. Ap
pleton the publishers, and will appear
this coming fall. The book is to contain •
history <Sf his rule.
—Secretary Seward’s family are going to
Cape May to spend a few weeks. Both Mr.
Seward and his soh Frederick are rapidly re
—The yellow fever prevails at Wilming
ton, N‘. C.. and strict quaiant ns is enforced
in Hampton Roads on all vessels arriving
—The New Zealanders it is said have re
cently eaten an English missionary.