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t ffeeMn '& : VOLUME XCV TERM. THK DAILY CHRONICLE AND CONSTI TUTIONALIST, the oldest newspaper in the South, is published daily, exeep- Mon day. Terms: Per year, $10; six months, $5; three months, $2 50. THE TRI-WEEKLY CHRONICLE AND CONSTITUTIONALIST is published every Tuesday, Thursday and Saturday. Terms: fine year, $5; six months, $2 50. THE WEEKLY' CHRONICLE AND CON STITUTIONALIST is published every Wednesday. Terms: One year, *2; six months, sl. HR. R- M. MITCHELL is our General Trailing Agent, and will attend the reg- terms of the Superior Court to col lect and solicit Subscriptions, Advertising and Job Printing. We commend him to the public and request our patrons to make pay digits to him. SUBSCRIPTIONS in an cases in advance, and no paper continued after the expira tion of the time paid for. RATES OF ADVERTISING. Ordinary Ad vertisements, per square: One insertion, $1; two insertions, $1 7*l, three inser tions, $2 25; six insertions, $4. Auo rtonn, Amusements, Special Notices and Official Advertisements, $1 per square, eaoh insertion. Marriage and Funeral Notices, 11 each. Local Notices, 25 cents per line. Business Notices, 20 cents per line. Notices of Wants, To Rent, Lost n I Found, Boarding, etc., 10 cents per line ol seven words, ewai insertion, ALL ARTICLES recommending candidates for office or intended for the personal benefit of any one, must be paid for at the rate of 25 cents per line. CONTRIBUTIONS of news solicited from every quarter. Rejected articles will not be returned nn’eaa accompanied by the necessary postage. ADDRESS 'l communications U WALSH A WRIGHT. Ohhoniole and Constitutionalist, Augusta, Ga. editorial notes. Senatok David Davis pays $38,000 a year in taxes. Cot. Tom Scott worked too hard and too long. Hence ho dies early in life. But he did groat things in his little span. We regret to learn that Mrs. (iAi.riEi.D is t ireatenod with malaria! fever of the Wash ington type. Wo sincerely condole with her. Fabmebs who make plenty of corn this yeat can eel I it to their foolish brethren who are cotton-mad, and thus, in effect, get all the profit. _ Ex-Sknatob McDonald sympathizes with Conkliko. Ho thinks if the Democrats side with Gahtield they will give -the Adminis tration a stick to break their heads in Vir ginia. PnAtmcAt. men sometimes laugh at en thusiasts; hut the greatest of the world’s children were of this kind. Without en thusiasm, the earth would bo no belter than a pig-sty. , , Tub other day wo stated our disbelief in Col. Thomas A. Scott’s cure by n faith) doc tor. Oar surmise was correct. He has had a third stroke of paralysis and may die at any moment. The Republicans used to taunt the Demo cratic Senators with being controlled by a caucus, and Conkling used sneeringly to speak of Mr. Thubman as King of the Can ons. The boot is on the other leg. Following the Mahon*; coalition, a Wash ington branch of the Grand Army of the Reouhdo proposes to go to Mount Vernon on Decoration Day and place flowers upon the tomb ot a slaveholder and a rebel. + .. . A vigoboos prosecution at law for dam ages inflicted by cows, would tend to settle the question. If citizens cannot be pro tected in their property by the municipal law, they have a right to protect themselves against burglary. We do not believe that Speeb will try the Mahone programme in Georgia. He,is too smart for that, aud then our Uncle Joseph would have something to say about it. No, iKmoby will run a schedule of his own, but it will ruin Democracy. The Columbia Register is of the opinion that, in South Carolina, not less than fifty thousand dollars of taxes per annum are borne by the more scrupulousand conscien tious tax payers which belong to the shoul ders of those who have shirked them. An Eastern paper says; "Brush, the in ventor of the electric' light, could not row $5 at one period of this life. Ho now hasan income of SI,OOO per day.” To this it is cleverly answered that thousands who could not borrow five dollars, years ago, are in precisely the same fix now. A Washington correspondent thinks the seems to narrow down to the question of wh ether or not Arthur, Platt and Conk lino, who represent the Republicans of New You', shall permit Blaine, who has lost his following at home, to build himselt up in New Yolk by means of Federal pat ronage. The Freed men’s Bank Commissioners •iiawc over SIOO,OOO of unclaimed dividends on baud. When the hank building is sold, Huother dividend of 15 per cent, will be de clared. After the concern shall hare been wound up, the colored people will be out of pocket $1,200,000. Southern CongreesS men will aiteufyt to have that vast sum re funded by the Government. From all accounts the most utterly dched creature extant is the Czar of Baa'd*. Nobody out of jail, or in it for that matter, need envy him. The sins of his fat.bers are visited upon him. Very soon Oxardon' will come to an end. The print ing press', the telegraph and the civiliza non of thv 1 century are too potent for Ori ental despots sms in Europe. Senator Hawi-Vt seta-an example in man liness to all his Republican colleagues by, declaring that he will not vote for Gkobok 0. Gorham for Secretary of the Senate. —.V. T. Tribune. Very well, then let Senator Hawlex continue his uiaohcesa and hon „esty up to the point of resigning the Chair, of the committee he holds by the t <rv "® °f Gorham, per Mahone. *is an item from “The Man About Town" in the New York Star: “I meet very few brokers about town nowadays ; they are too busy ', selling stocks all day and at the Windsor U night. My present Buss •t is that the present market is designed to supply the broket* with funds for their i Summer trips. Lanitv is never so sweet as May, and we shall hat ® a ‘slaughter of ionocents' before long.'" FostmastxrGknxeal Jakes flays- the Pennsylvania Railway is the beat raid in Ann'nea. The New York Jim, commenting on thi's statement, asys: "The Pennsylvania EaiiroaG Company is guilty of many silts. It has ex excised a corrupting influence in legislation and politics; but the railroad which it owns' and runs is the most satisfad tory and admirable of all cwr public enter icl*6''-'' T 1 A * ‘Confederate' Brigadier” holds the Republican Senate by the tail and controls ita patronage and power. The “Confed erate Brigadiers," on the Democratic side, ar* relied upon to save Gaeitxld and IfLAims from annihilation. The Senatorial Confed erate Brigadier is a big thing just now. It makes an old-time Radical turn pale to see I Qnr , w(1 and Garfield bunched between I Brigadiers. t Emolish consols are higher than they have Ken since the debt was on its present foot- Br phe Boston Herald shows that the quotation ever made for consols came the year of the rebellion in Ire. lid, when the ralue dropped to 47#. t Tims by what would eeem to be a paradox- I ical coincidence, both the minimum aqd I the maximum figures for the British 3 per. .neats, oome in years of sore trouble in the discontented Island. v OCHON K, BILLY MAHONE: When Senator Hill, in his phenomenal speech, uncovered General Mahone, he be gan a drama that has been glorious for the Democracy everywhere. The party back bone was stiffened and its soul electrified. It was inspired to make a history for itself that no one believed it capable of. From that first reconnoissance in force to the sur render of Dawes and the war between Conkling and Garfield, Democrats every where have been proud of their party alle giance and its Senators, and are specially grateful to the noble and brilliant genius who tore aside the mask from Mahone and gave the signal for the charge along the i whole line that has demoralized and ronted the Republican array. With Mahone made a necessary and component part of the Rad- ! ical machine, the wedge to split, not the South, bat the Republican party, was driven in by Benjamin H. Hill, and the blows that followed were of such sturdiness as to divide the tough old log as it had ! never been severed before. The Mahone * alliance, thus boldly and magnificently fastened upon the Republican Senators, has I been poison to the very veins of those 1 who hoped to be made healthily solid by it. ; Under the wreck lies little Billt Mahone. I Who will dig him out? Conkling? That; depends upon what side Mr. Mahone es-1 pouses. Garfield? That depends upon a ; similar contingency. Was ever a poor crea- ; ture so bedeviled by fate and his own treachery ? He bet the Old Boy his head, and the Old Boy has won it. YVhen last heard from, Mahone and Riddlebebger were being considered by the committee of safety much as a dry-nurse coddles a sickly infant: j for the committee is also placed in the nn- ; comfortable position of selecting Conkling ! or Garfield for its executioner. The Republican party’s experience with General Mahone is about similar to that of the ow-ners of the railroads once bankrupted by the Readj aster. With this differ ence, however: Mahone ‘ beggared the roads, but enriched himself. * He has now smirched and corrupted and split the Republican party, but retires or remains with no reward to speak of or in sight. In uncovering Mahone, Senator Hill kuilded more wisely and grandly than he suspected. What the little General will now do is a ; matter of some curiosity. YVhat the Re publicans will do with him is another in- 1 teresting problem. They fear to keep him in or kick him out. They have been Ma- ' honed and do not know how to cure the dis- - temper without killing themselves. In compelling Mahonf. to cleave to his flesh- I pots, Mr. Hill has made the Republican party the most odious and distracted organi- i zation beneath the planet. THE CITY OP AUGUSTA. It was just a little strange that the grow ing importance of the city of Augusta was first appreciated abroad. During the past year the flow of Northern money into the enterprises and into the investments of this city have convinced our own people that we have a great destiny before us. Three months ago a movement was instituted in the local stock market by New York capital ists which terminated in the control by Northern men of our most important rail road, with a strong probability that a sec ond will soon be bound up in the same power ful syndicate. Within six weeks we have seen the extension stock of one of our largest man ufacturing institutions engaged in New York and Baltimore, while Cincinnati and New York have united to increase the capacities of a mammoth new cotton mill to double what it was first intended. Not ten miles of anew railroad had been put down before a wealthy corporation was suing for a con- J nectiou, and even bidding par value for its ! capital stock. Such signs are full of mean ing. Augusta has not appreciated the im portance of her own possessions or the possi bilities of her own position. In tenyearsshe will be one of the largest as ktae is already one of the wealthiest oities south of Balti more. In five years she will add ten thou sand inhabitants to her population of twen ty-five thousand. Two new factories, we may say, and a gigantic cotton mill which needs but effort to make its projection an enterprise of definite shape and growing proportions, will attract to thriving Augusta easily ten thousand souls, while the com pletion of anew and important railroad line will swell the number above that. In an interview with Judge Henderson the State Agricultural Commissioner, last week, he mentioned that the tide of immi gration was setting in strongly this way. Hundreds of thousands of people from Eu rope and from the Northwestern States will probably make Georgia their permanent home during the next ten years. There can be no doubt but that our growing industries and increasing' wealth will render Augusta and vicinage the most attractive places for thjs influx of people. In the next ten years then Augusta’s population will run up from 25,000 to 40,000 or 50,000, and we would not be surprised to find that the next cen sus accords us the first place in size and wealth of all the cities in Georgia. The growing value .of real estate is the best evidence- of substantial prosperity. It is well known that 4 urin g the last two months much capital-in Augusta .has aban doned high priced and uncertain securities for Jots in and arbund the city. On Broad street—our onl^business thoroughfare, out side of.Option Row—there is not a vacant store from -market to market, and constant improvements are making in business stands. Citizens may well look for exten sion of the business part of the city, until thriving stores and sho'pp will occupy the entire upper portiorf of Augusta. The en hancement in real estate values—the* en largement of business stands and the im provement and increase* of private resi dences, show that Atfgusts's prosperity is healthy and assured. . , THE REPUBLICAN HUDDLE; The bitter aud unrelenting war now be ing waged inside the - Republican lines proves, if proof were needed, tl)at the two factions, represented by Garfield, and Conkliko, are not a happy family. The ten dency of the party is to disintegrate. '■ Hith erto this dissolving process has been hin dered more by Democratic blanffering than anything -else. MTj'at that" did not accom plish, a sense of oommo'n danger supple mented, and a temporary truce, backed by money, bartly saved the powers that be from utter overthrow. Now, that the Pres- idency is no longer in dispute, the factions are knifing each other, and one ot the other, this timSi must go to the wall. This time, too, we can jsafMy predict that, there will he no mistakes committed by tlje Democrats. They have a splendid point 6f advantage and a leadership of unsurpassable vigor and ’ sense. Nevfr before has the South had such a grand representation in the Senate, and never, perhaps, has the North praseefed, as a general proposition, so much weak sad ir resolute .timber. Conkliko is the great est-Senator on that side,, ar an adroit and eloquent statesman. 'Em* Hill is his rnatet in debate and of.en more that. ‘ Edmunds -ip their memt law leama| pan. But Bbßwn is no whit his in ferior as a of -parliamentary prece dents and immeasnrahfj surpasses him as a medy combatant upon all questions Gab- I iwri Morgan, Lamar, Butler, Vest, Coc£- ■ Vance, . Pooh, Batard, Sajdl*rbßs, Joses and Coer present an array of talent -that cannot fee rivalled by their opponents. fci'tHe' Republican rank* all fi feud aqd jealousy ahd contention. f*' the fceia#- cratic'phaianr SUM harmony sad enthusi asm. • Never, within fiwojfoction, has the party been so admirably .Vtojed, led and so thoroughly equipped • ha -future victory. But, just at this moment, danger is imminent, and'it is of the last importance yb<a what bafbeeh So splendidly acquired shall'net be eodsnggred or lost. The eboica is presented, in the fight feet ween the Presi dent and the senior New York Senator, of helping one or the other. .Which shall it be,-, if either, is the momentous question. It is not easy to • decide. .Mr. Conklin? is not as powerful to injure the South and. riie Democracy as Mr. Garfulh is. It is not from CoHKuxQ that Makoke can hope for victory in Virginia and elsewhere—by demoralizing Uie-Democracy—but from the President, This is, we pjresome, the main fact that causes some Southern Senators to pause. At first blush, it would seem to be unquestionably the better .policy to sup port the President, and we hope that our Senators will see- their way. clear to do so. They are not expected to heal the breach in the Republican ranks, but rather to so act as to let it widen more and more, and become more and more -impossible to pontooß. As the case stands, Mr. Conk ling, who principally helped make Mr: : Garfield President, has been slapped in the face by Mr. Blaine, his ancient enemy, ! over Mr. Garfield's shoulder. If he sub mit lo such a challenge and such an in sult, his prestige will be gone in New York and the Union. If he return the blow, as is most in keeping with his char acter, with compound interest, the Demo crats must see to it that, in helping the. Executive and Mr. Blaine out of their trouble, they shall be put under bond to ! keep the peace in this section. We are I satisfied that, in the emergency, the Demo- ; cratie Senators will be directed with wisdom i and jndgmeri/; and what they elect to do in ; the matter will be for the good of their party j and therefore for the welfare of the whole i amntry. So, up with the curtain and let i the last act go on ! FARMING CAN PAY. t **>•’ Mr. Reams, of Middle Georgia, has made money since the war by farming. He thinks it a simple matter, and that a few plain rules, strictly followed, will be sure of suc cess. He plants plenty of wheat and com; makes his own meat as well a his own food and forage. Food is the first thing attend ed to. Cotton is planted as a surplus crop. Since the war he has had an abundance of - corn, meat and money. If you talk to other farmers this way and of such men as Mr. Reams, they invariably agree that the principle enunciated is the only correct one. But they do not follow it, and the ma jority of them are in a condition of chronic poverty and debt. What can remove such pure cussedness or insanity we know not. It will take, presumably, another race and generation to correct the evil; We fear it is the man that is to blame more than anything else. A merchant of Augusta loaned a young farmer $2,500 at six per | cent, to purchase a small plantation. Two years passed. No interest was paid and the farm was surrendered to satisfy the ob ligation. The merchant hired the farmer to oversee the place. The first year he cleared $l,lOO and the second year $1,600. There was money in it for one man and none 'lor the other. The' moral we draw is this : Too many men want to be bosses when they need to be subalterns-that is, too many men try to manage plantations when they ought to be at the plough handles. It is the tnan that makes the farm. THE ENTERING WEDGES. What the politicians have failed to do, in the way of dividing Southern solidarity, the needs of commerce may bring about. Our brother of the New Orleans Democrat takes the practical view and shows that the party line of the future will be made by railways, river transportation and their various com binations. He says : “We have been made “ to, feel, it has been impressed upon us in “ a manner not to be misunderstood, that “ the line which shall mark the boundary “ of our trade re ations, and, consequently, "of our political alliances,. must not be “ drawn from East or West, but from North "to South. There is not an intelligent “ man in Louisiana but peroeives that with “ every year the ties between the Southwest “ and the Northwest will become stronger “ aodcloior; that the interests of the States “ drained by the Mississippi and its tribu taries are identical; that the people of " these State3 are animated by a common “ motive, are striving toward a common “ goal, and that they must find their great “ ness and prosperity in one and the same “ consummation.” The intention is expressed by this and other outgivings of a commercial sep aration of the States of Louisiana, Mis sissippi, Texas and Arkansas from the interests and purposes of Georgia, Vir ginia and the Carolines. This is largely true. The Southwest and Northwest are natural allies, and are being brought to gether more and more magnetically year by year. That the same natural forces are com pelling the South Atlantic States to a com mercial alliance with the East, more par ticularly, we have always believed. Our Western connections will be kept up and made valuable, but until we know how to utilize our own ports, Boston, New York and Baltimore will be our chief objective points. It is true that the Mississippi River has-been tapped by Eastern railways and much of its usefulness'impaired. But this is being remedied, and the barge system, the Jas Gould railways, the opening of Mexico to oommeree, and the building of one or more water-ways across the Isthmus will more and more divorce the South western from the South Atlantic common wealths. The reasoning of our New Orleans con temporary is ingenious and forcible. The tremendous industrial combinations now forming, and to be formed, will have as astonishing an influence upon commerce as upon politics. Business interests are break ing down sectional lines, and the States of the Union before many years will be grouped politically, according as ’their geographical situation necessarily compels them. RAILROAD. COMBINATION. With but slight dissent, and what amounts to practical unanimity, the stock holders of the Georgia Railroad Company have endorsed the action of their President and .Board of Directors in. leasing their, property to a powerful syndicate that. will, not only control it, we are assured, for the common benefit, but likewise for the spe cial welfare of- those most interested and who have retained their interesfin spite of what may be with truth - called a terri ble temptation to part with. it. The road never was fo as; good condi tion everyway a4*at present, and very soon it will compare not unfavorably with the best routes in the country.. It is fo the hands of enterprising, wealthy and pro gressive men, who are abreast. with the wonderful age they liye in.’ The reasons given by President Phinizy for the con summation of the grand; scheme of con solidation and alliance with Mr. Wadley and his associates ate weighty, sensihle, conclusive. He has also, by simply pointing -to -the facts and figures of the past year, demonstrated that he had more than justified the. high hopes formed of his administration and that what seemed a- daritig scheme of improvement i /pas, sffer all, the result of a profound knowledge of affairs apd a dextrous use of j the available means at hand to accomplish a wonderful transformation. The advance of the stock has been almost unprecedented, and ft has enriched hundreds,who held*it, as well s hundreds who sold at high fig ares to those who-had morfl faith than themselves. The work dope by the Presi dent speaks for itself. It' needs -no eulogy. It stands ont in relief so '.that all can see and understand without an inter j preter. A stock that can earn and pay ' IT per sent, dividends is indeed most val uable, and that it will be rated among the i cfecvQsat securities anywhere is beyond per j adventure. The risk of this achievement was taken by Mr. PvdU)?- The glory of - success is his. It will be cheerfully accord jpa. . He has earned the-right of being rank ed with the distinguished railway officers of : the age, mid has a bright future before him. ] We cannot foybear making, jn this con i neefeon, most paerited. jaention of Hon. | John Datisos, whose sagacity* firmnees and 7?*acity of purpaso, to say noth ing of the rinews of way, bare been the mighty auxliile of President Phjxet. One never thinks of the CMorgia Railroad without identifying with it the' name of John Davison, and we are'.specially pleased, as the public will be, to luiow that he still remains its good genius, its tower of strength, its most vjgilabt sentry, feu its darkest hour he clung to and never last confidence in it. In the hour of its most splendid triumph he can congratulate him self as one who has fought the' good *fight and kept the faith. AUGUSTA, GA., WEDNESDAY MORNING,' MAY If, 1881. "MI XU) UP." * LORD ROSCOE AND ■ HE ADHINISTRA . TION. * j Republican Senator* Again Caural— Senator Conkling Tells the Reason Why Robertson’s Nomination It Dis- I tasteful .to Him “ Bad Faith and Treated Host Injuriously.” • (By Telegraph to the Chronicle.) * W ashington, 4tfay 9. The Republican \ Senators held another caucus, this after noon, to decide what course should now be pursued with regard to that class of execu tive business which was left temporarily ; unprovided for in the programme adopted last week. Although the caucug was in session until 6 o’clock, it finally adjourned without reaching a point of action •on the subject under consideration. -At an early stage of the proceedings a joint resolution was submitted, proposing to declare, as-’the sense of the caucus, that it is inexpedient for the Senate to take action at this session upon any contested nomination to fill an office not now vacant. This gave rise to a long debate as to the respective rights of the President and the Senate, and courtesies due from one to the other. About four o’clock Mr. Conkling took the floor and proceeded to make a speech, , which occupied the remainder .of the cau cus session. It was devoted,to a history of the Domination of Judge Robertson for the New York Collectorship, and to a. compre hensive statement of the reasons why this nomination was particularly objectionable and offensive to him. In the course of his remarks he entered extensively into the subject of New York politics, and Judge Robertson’s connection with them, particu larly at the Ohioago Convention. He also gave a detailed recital of his conferences and understandings with the President in regard to the New York nominations, &c., at various times antecedent to the nomination of Robertson, from all of which circum stances he argued that he and the party whom he and his colleague repre sented in New York had been dealt with in bad faith and treated most injuriously. In relating what occurred at Chicago, Mr. Conkling informed the caucus that Judge Robertson, among other exhibi tions of personal hostility then made by him, went so far as to declare he would not support General Arthur if nominated for Vice-President. At the close of Senator Conkling’s speech the caucus adjourned until to-morrow. None of the Senators whose position is doubtful on the main subject of controversy participated, in the debate to-day, and as no vote was taken on any proposition, no indications were af forded as to what may be the result of the deliberations to-morrow. Views or Senator Voorhees on the Subject.’ The Star to-night has an interview with Senator Voorhees on the subject of Robert son’s nomination, in which that Senator says: "We hear much about ‘Senatorial courtesy’ in connection with appointments and confirmations. That is all well enough in proper bounds. I try to be as courteous as any other Senator, and, as far as my duty will permit, I gladly oblige my as sociates; but, like many other good quali ties, courtesy may be invoked out of place. The New York Custom House is as National in its proper functions as- one of the Departments of the Gov ernment, and the Collector of Cus toms at Nesv York is as much a Na tional official as a member of the Cabinet. A great commercial port collecting revenue from seven-tenths, perhaps, of all the commerce of the American people, can not be regarded as a mere appendage to the local polities of a single State. The ap pointment of a collector of such port can not be claimed as a local perquisite fora Senator or member of Congress, like the appointment of postmaster. The people of Ohio, Indiana, Illinois and., other great Western States, are as much interested in the administration of the legitimate busi ness of the New York Custom House as the people of New York themselves. While I regret that the appointment of Judge Robertson is not acceptable to the Senators from New York, yet, believing him a capable and an honest man, and recognizing the right of the President to make the selec tion, I feel it niv duty to vote for his con firmation." The Views of Senatorial Leaders. The Star says: “These views from a. De mocratic Senator of the prominence and.in fluence of Mr. Voorhees have special weight at this time, especially as anothm leading Senator of the same party (Mr. Bayard) has expressed himself recently to the same ef fect.” The Star to-night says: "It is ex pected in political ciroles that the present week will be one of excitemont. It is hot thought that action on the Robertson nomi nation can be delayed longer than Thurs day, and to-day a caucus is being held by Republican Senators to reconsider the ac tion of the previous caucus. So long as the decision of the last caucus remains in force, Senator Conkling has a great advantage in so far he can delay the report in the Robertson case, and just now delay is ad vantageous to him. Democrats are not united as to what course they will phrsue, nor are the Republicans. With some Demo crats the question arises whether the Presi dent's move is to be accepted ns a personal warfare on Senator Conkling.-or whether, by his act, he is threatening the Senate and arrogating to himself the right to coerce that body or influence’it through the use of patronage. Some of the Senators,, aside from political associations,' hold that’the _ question at issue is not whether the Presi-’ dent or Senator Conkling shall triumph, bnt whether, by the implied threat the Presi dent has "made, he is to assume that the Executive power shall dominate’the distinct legislative pdwfer of the Govern ment. The matter, hence, is settling itself down to a question of the rights of the. Se nate in contradistinction to the rights of the President under the Constitution. The President’s friends say, exnltingly : ‘GeD. Garfield has made up his mind to be Presi dent.’ This is all right, undoubtedly, say these Senators,, but in asserting sneFF claim he must not forget'thattheSenilte has rights delegated to it by the Constitution. One* of these rights is that of consenting to-the President’s appointments ; that is, if it sees fit, and it clearly has the right to refuse to consent, and for the President to say: ‘ You must confirm this' or that man under, pain, if you da not, of Executive displeas 'ure,’is ai.threat,which, if yielded to, .will destroy the co-ordinate branches of the Government. On this subject Senator Conkling said, yesterday,"to a Southwestern. Senator: ‘I anticipate, within three years, there will be an uprising of the people to resist the encroachment of the Executive po&er. 1, for one, intend now to resist all such encroachments, no matter who is President.’ • Then -there are Democrats who* reason ‘in this’ way. They say:, •Tlfo • President is in a * dilemma.. He ean*ot get Judge Robertson confirmed ■unless he has Democratic votes.. Now, it is our duty to take advantage of the com plex situation and help ourselves,’ This they can do. ‘lt so happens,’ spM a le’ad ing Democrat, ’that jnst npw the Demo cratic miDd is considerably torn up with re spect to Mahone and the position the Presi dent bears toward him. The President, it is reported, has semi-officially declared, out side Of the Gorham-Riddleberger contest, he is .With Mahone in his efforts to break dowp what is called the Bourbon Democracy in Virginia. In "shOrt, this means-he fa vors an alliance with Mahone if he can destroy the Democratic pariy in Virginia. With patronage, Mahdne may Re, able to make inroads.On the Democratic strength,* but without it he would be powerless.’ ‘Now, ’ says another of the Democratic lead ers, ‘if the President proposer to knife os by giving Mahone Federal with which to disrupt our'party, it is none-of our affair to aid him in.his present dilemma. Rather it is our duty to go to him and find. out definitely what he intends to do, and ir he will not give' us satisfaction, to stand aloof from him in the present quarrel and, let the Republicans fightit outamongthem selves.’ Others say if we turn in and aid the President.'what assurance have we -that -af ter having triumphed by our votes! pver Conkling, he will not dismiss us and with out thanks.’ Said a prominent Democrat last nieht: ‘I know that Senators Hampton and Butler and one or two others are ac tively af work to induce Democrats* to vote for Robertson!s confirmation. This' they do because of a personal dislike to Conk ling, and "because of thefo dislike they are so impatient to humiliate that they fall to gee the advantage the*situation presents to the democrats."* . FRUIT AND FARM. Eainbridge 'Democrat. 1 Our fruit trees don’t seem to have suffered much damage from the late cold snap.. They are loaded with fine young fruit. [Montgomery Advertiser .] Alabama and the South, with her varied and splendid capacities for diversified agri cultural production, ought to furnish sup plies to. the world, instead of depending on other sections, even for the common article of hay. [KruxrviUe Tribune .] . The East Tennessee chicken crop is every year assuming larger proportions. -At this tirneschisketos are beingoepf to the South by the car load. Qne ja.noiT6.le firm yesterday shipped two car loads of chidkens to USw jOrieeus They had sept two car loads "the day before. [ Knojuilie Dispatch.] All evidences concur that East Tcnutssee •never had a more encouraging prospect for fruit of all descriptions than at present. The prolonged cold spell kept back the springing buds, and thus saved them from the Jew killing frosts that va fend, Our orchards will be loaded next Summer. —— Albany, May 11. —In the Assembly to ’d&y, a bill to allow women to vote was de feated ; , * THE SPADE TO EARTH Is Now lo Tell the Story— Issues Orders for 'Work on the Georgia Western ty Begin gt Once—An End to Talk and an Appeal to the Eloquent Shovel—A New Mpvr, bjr Which the Brunswick Extension Will be Poshed Through. , [.Special to Atlanta Constitution.] -New Yoke, May 8, 12:40, a. m.—l hear to-night, on what I consider excellent au thority, that Mr. Wolff representing Er langer & Cos., of Frankfort, bankers, who own tfee Alabama Great Southern Road, has concluded the purchase of the Brunswick and Albany Railroad, and will extend it at I once to Eufaula, and thence eventuallv to Meridian. A conference is being held to night' between the parties at interest, and the next dav or two will probably define a new railroad system. ,The Georgia Western. , General Gordon has closed a contract with Post k Wilkins for the building of the Chat tahoochee Railroad bridge. He telegraphed orders'to Major Green yesterday to put a force on the Georgia Western at. onc& and •prepare the road for him as far as Douglaa- The work will be pushed forward rapidly, the force befog increased as rapid ly as they can be made efficient. His plan has developed preoiselv as he laid it but at first* the delay that.has been caused being inevitably incident in the organization of a great enterprise. H. W, G. The following dispatch, addressed to Major W. S. Green, Chief Engineer was received last evening: , * "New Yoke, May 7,— Organize immedi ately an effective force hnder a good man,, to repair and make ready for iron the graded portions of the Georgia Western, beginning at Atlanta. J. B. Gobdon.” * . Major Greene was absent from the city yesterday, and the Constitution was, there fore, unable to ascertain how soon a force will be ready to go to work; bnt it is safe to say that before the expiration of the present week work will actually be begun. Major ’ Green now has the instructions that he has been waiting for, aDd the completion of the line to Douglasville is a certainty before the maturity of another crop. GEORGIA RAILROAD. Called Meeting of Directors Yesterday— The Lease Under Consideration—With drawal of the South Carolina Interest —Mr. Wadley the Sole Lessee. It was intimated several days ago that there was a hitch' somewhere in the Geor gia Railroad lease, the long conference of Mr. Wadley, Mr. Fisher, Mr. T*hini?y and a committee fof Directors of the road giving color to the report. Yesterday a called meeting of the Directors of the Georgia Railroad was held. There was a full Board, with the exception L. M. Hill. The meeting lasted several hours. . At its'eon cluSion the following facts were ascertain ed: It will be remembered that when the agreement for the rental of the road was made, a prime condition was that th%Jes seei should deposit one million United States bonds as security for ments of the annual rental of six hundred thousand dollars. The lessees named were Wm. M. Wadley, Samuel Sloan, Moses Taylor and J. H. Fisher. The agreement, by its terms, was to be succeeded by a Regular contract, drawn up by lawyors, and made to stand for the ninety-nine years stated in the contract. When the agree ment was made, the Georgia Railroad Di rectors understood that Messrs. Taylor, Sloan and Fisher were contracting in their individual capacity and not for the South Carolina Railroad. Subsequent events show ed that such was not the understanding of those gentlemen, but that they were all the time acting for the South'Carolina Railroad. Some weeks since it was announced that the million dollars Uited States bonds had been duly .deposited in New York, nut this . report proved to be incorrect. Mr. Wadley ’ deposited his half of the amount with the Planters Loan and Trust Company of New York, but the other half was not put np by Taylor and Sloan. Bonds belonging to the South Carolina Railroad, in the hands of the Planters Loan and Trust Company, that company declined to give up, and as Taylor and Sloan depended upon these and did not desire to become lessees as individuals, they telegraphed their position to Mr. Wadley and to President Phinizy, at the same time, signifying their earnest desire to effect the lease with the South Carolina EoMfoad, as one of the lessees, and offering to give their promise that, it would be made all right as. soon as the affairs of that road were settled, which would not be far off- as the road is to be sold in a few weeks. This proposition, however, the authorities of the Georgia Railroad would not entertain, as the South Carolina Railroad is in a transition state, and it cannot with certainty be told into what hands it Will fall. It was to efinsidyr these matters that the lengthy conference was held between Messrs. Wadley, Phinizy, Fisher, Lawton and a committeo of Georgia Railroad Directors, consisting *of Judge Reese, Judge Hillyer- and Mr. H. D. Me-' Dpniel. These gentlemen, with President'. Pbinizy, were ' appointed a committee to perfect.the lease and have the contract put, ih legal form. A number of telegrams wefe exchanged between the conference and Messrs. Taylor and Sloan, resulting finally in the withdrawal of the South Carolina Railroad interest for the reasons given above. The Central Railroad offered ’to take the lease, giving one million dollars of its own bonds —w<4rth in the market nearly twelve’ hundred . thousand dol lars—as security for the annual rental, but this was declined, as th.e Georgia Railroad authorities considered that there ) vfire legal difficulties in tbaway of alease of the Geor gia to the Central. - Mr. Wadley then de clared that he would take the entire lease himself, and the following stood security for the deposit of the remaining half mil .lion United Sfatej bonds within thirty days, each for fifty thousand dollars: John Davi son, Thos. P. Branch, Augusta; J. F. Gil mer, A: R. Lawton, Wm. M. Wadley; Savan nah; CfC. Baldwin, New York; Dr. J. S. Hamilton, -Athens, Ga, P. Branch, Richmond, Va.; Gen. E. P. Alexander, Lou isville,’'Kentucky; Louisville and Nashville Railroad. As the committee of * Direc tors had only been empowered to make the contract with the . original lessees, it became necessirv to call a meeting of flie Board .to give them, the authority to con tract with Mr. Wadley alone; hence the meeting yesterday. The vote upon the. question was unanimous, thus differing from that of the Board at the time'the leaser was first decided upon, when there was one dissenting voidfe. Mr. Hill, the Director 'absent yesterday, them voted in the affirma rive; The contract: or lease was formally jS-awn in proper legalahape, signed in dupli aFate and the lease to Mr. Wadley completed. ■lt is not known whether he will remain the solfe lessee. The fact that General Alexander, Mr. Baldwin anst the Lou isville" and Nashville Railroad are among thoeQ who guaranteed the deposit of the other half million of bonds, would seem to.indicate that that road might be come interested in the lease. The Btock of the Georgia Railroad, which was a little off Monday, became stronger yesterday and is quoted at 165* bid, 166 asked. It is un derstood that the present Directors of the road are in favor of fixing the annual dividend at ten pfer cent., payable .quarter ly.-... So me of them are said to incline to eleven per cent. The new Board. Will fix. this? .It is very prohable, however’, that the old' JJoard will be re-elected. There has been some talk of making the number less, but it is not known' whether tMs will be done or not? " -The Directors-will meet at the Georgia Railroad'Bank at fijp’clock-this morning. The stockholders convention will asaembFe at Jlasonic Hall at 10 o’clock.’ , . .•HE DIED AS I LIVE TO-DAY-;* 1 uFytllog. That the Confederacy Onght to Have Sncceeded,-Beeanse It Was 'Foun ded on Truth and Justice”—Jefferson Davis ou Stonewall Jackson. (By Telegraph to the Chrohicle.) New Obleaks. May 11. — At the conclusion Of the ceremonies attending the dedication of the tomb of the Association of the Army of Northern Virginia and the unveiling of the statue of Stonewall Jackson, yesterday evening, fit Mataric Cemetery, Jefferson Davis, after complimenting Gen. Lee’s ad dress and congratulating the Associqtion-on the completion of their tomb and monu ment, referring to Gep. Jackson, said: “From the academic shades of a military institute he went forth to baftle for" the ; cause of State'rightfi, self-government and I constitutional liberty. * Nobody ever ex- I pected that this quiet professor wouhLhaTe an opportunity to show the great qualities he possdMed, add become the great hero* of our. war. To-d&y he stands, in the opinion of Europeans, so far as I know it," the mightiest chieftain of the Confederate cause. This silent professor constantly rose lfoe.a meteor over the battle field of the Oonfed eraey-the only like meteonr i its brightness— for his light was as steady as the orb of day. It shone to the very close, increasing in brilliancy and in the trust which the-people ' reposed npoD it. . Such was laqlsoq ! He lued* for his country, never doubting the •justice of his course, believing it Wasjight eous and trusting in it. He disfl 1 live to-day, reeling chat foe CoiSeffeimow ought to have feuccee<fed‘, because it wasifopnded on truth and justice. He gave his- HTe for the whole country, and the country Its beast to.jakiKMi. sou, the men- dpon ytooj'tfp leaned in tbfe hour Of danger; in honoring him also honor yourselves." • . -T-'Going 'Going to Saratoga* (By Cable to the Chronicle.) Loimoif, May I.l,—Edward Trickett, the oarsman, of Syney, N. 8. W., writes to the | sportsman, saying he will leave fqr the I United States in a few. days, and wul take | np his quartet* at Saratoga GEORGIA RAILROAD. ANNUAL REPORT OF THE OFFICERS. The Condition of the Property—The Re* eelpts and Expenditures—The Lease. The following is the annual report of President Phinizy to the stockholders of the Georgia Railroad: President’s Report. Office Geoboia R. B. and Banking Cos., *) Augusta, Ga., April Ist, 1881. ) 2b the Stockholders: The following report of the operations of the Road an.d Bank for the year ending March 31st, 1881, and a comparison of the same for the naevious year is herewith re spectfully submitted: Income From All Sources. lBB6. 1881. Increase. Decrease. Net Earnings Road. *403,07521 *414,521 91 *11,44670 " ‘‘ Bank 21,437 56 41,927 39 **20,489 83 Dividends A. k W. Pt. R. R„ 32,00000 *82,000 00 * „ Rome R. B 14,893 75 8,936 25 5,957.50 West’n B. B rent Bol’g St’ls. 18,000 00 18,000 00 . "-**.• ... “ “ Coupon Account 110,000 00 143,000 00 33,000 00 Miscellaneous sources .8,513 31 8,482 54 ’ • * 3Q77 Total!’. * *607,919 83 *666,86809 Fjid Dividends 252,000 00 294,000 00 Interest Bonds this Qo. 93,530-00 10SJ[2@5 00 15,735 00 “ T • “M.AA.R.R. 39,220 12 21,140 00 - 18,080 12 “ “ “West. R.R. 83,260 00 85,080 00 1,820"00 . “ Taxes, Legal and inci dental expenses 17,64511 17,528 26 118 8& Balance surplus 122,264 60 139,854 83 17,590 23 ’ Total. .. . j *607,91983 *666,86809 *77,145*23 JIB, 196 97 •It will be seen from the above statement .that the feceipts from the Western Railroad (coupon aecodnt and rolling stock) ard $75,920 in excess -of the interest on its bonds. The amount charged to Coupon account has been reduced from $97,540 to $39,620. ’ The "bonded deb\ of the Georgia Railroad and Banking" Company has in creased $746,000, but $600,000 of the pro ceeds resulting from -this indebtedness is still in the hands of -the Gashier, to be . ap propriated to the redemption of bonds mi tering July 1,188 R and to pay for ’steel rail. In this connection special reference is made to Cashier's statement, No. 3. This statement shows that since April lht, 1877,' $1,709,586 79 of bdnds have been retired; that $600,000 from sale of bonds is, as mentioned above, on* hand, and that $2,- 000,000 of 6 pbr cent, bonds have been is sued; or, in other words, during the past four years the debt of the company has been diminished $309,586 79. Earning* and" Expenses Transportation Department. Year ending ‘ March 31. 1880. 1881. • Up freight .$ 211,531 38 $ 238,262 71 Down freight.... 412,666 00 526,554 89 Way freight. 161,211 32 181,969 37 Express freight.. 8,886 66 9,961 17m Miscellaneous.. . 87,743 06 76,002 4r Total Through passen- “ gers *.... 28,'386 16 31,557 89 Local passengers 227,057 75 273,464 14 Mai 1.....: 32,041 81 12,191 64 T0ta1.../... 287,485 72 337,213 67 Total earnings ,' . 1,169,524 14 1,369,964 42 Total expenait’rs 766,448 93 955,442 51’ Net earnings. *403,075 21 444,521 91 Gross receipts per * mile 3,809 50 - 4,462 43 Expenses per mile 2,496 50 3,112 19 Net receipts per mile..'. 1,313 00 1,350 23 Perr ent. expens’s to eamipgsT.-.. 65.50 69.74 Increase. Dsrease. Up freight $ 26,731 53 Down freight • 113,888 89 Way freight.2o,7sß 05 Express freight 1,07.4 51 Miscellaneous , 11,740 65 Total 150,712 33 Through passengers.. ' *3,171 73 - ! Local passengers 46,406 39 Mail.. 149 83 . Total... 49,727 95 Total earnings 200.440*28 < | Total expenditures ... 188,993 58 Net earnings. . ~ 11,446 70 Gross receipts per m’e 652 93 Ihcpenses per mile.. . 615*69 Net receipts per mile *37 23 Per *cent. expenses to • earnings...- -...* -,4.24 A comparison with the business of the previous year shows an increase in gross earnings of-$200,440 28, and in expendi tures of $188,983 58. The increase in ex penditures is lafgeiy due to the improve ment in equipment;. During the, yCarwe hove built in our shops . 170 freight cars, purchased G conductor’s oars, 2 .sleeping cars, paid 'for.4 passenger coaches', and purchased 3 new freight ■ locomptivts of large capacity. There lias been xpen#id in the extension of the elevator building, machine shop and car shdp, $23(583 52; The large increase in the volume of tonnag’e has also necessitated the movement of a larger number of trains, thereby adding materially to our expenses. -• At "’the same time the revenue has not increased in proportion tp the freight, "The mile ton nage for the y*>ar* wfft 49,961,644 tons ps against 37,085,356 tons for the ’ year, an increase of 12,87,6,288 ton% 34 72-100 per-cent., while the revenue, from this source sßows an increase “of only 16 "50-100 pdr cent. .The .averhge rate "/or carrying, freight was 2 13PI00 cents "per ton per mile, and for the "previous year ye&f 2 46-100 cents. This is due principally to a reduction in rat£s by the Commission, and partly to the loiy rates'at "Which com petition forced us to haul- through freight. The Direction has submitted’ - to'-tnq Com mission, neither fdt the ' reason that the "'Commission has not injured us, • nof.be. cause the company had np alternativaiipt to submit, but because it was believed ihaf reflection, observation and exp*erience .would soon convince the Legislature aftd the people that it was a mistake to attempt to authorize such great interference With railroad property, and that important modi , fleatious of the law, might be hoped for at ah early day. The • Direction beliefve that certain irrepealable provisions of our char ter in reference to freight and passenger tariff can be invoked for - our .protection whenever the mandates of the Commission become intolerable.- Notwithstanding’ the reduction in rates, the’ prospects of the company are encouraging. The business is constantly increasing, ajid with the com .pletion of the improvements now in pro-, gress, expenses Will" be materially lessened. Condftfoa of the" Uqa.il. • * The unusual seventy of the past Winter and the continuous rains affected seriously the physical condition of the road, and made it almost impossible at times to keep it in order. From this 'cause there was a number of train accidents, which, though no one of a serious character, occasioned, in the aggregate, considerable damage to the property of the company: The flood in the early part of February washed away the bridge over the Ocmulgee river at Macon, and about one thousand feet of embank men. To re-buifa this bridge in permanent shape and- re-place the " embankment will cost about S4O,(XX). At present our trains are going into Macon over the bridge of the" CeDtral Bailroad, and it may be best to make this arrangement. permanent. A steady Improvement is Being made in the roadwaJßbd by next Fall it will be ■ in bet ter condition than at any period sinoe'the war. "We have on the way from England six thousand tons of steel rail, which will complete the laying of steel on the main line. There has also been purchased and" will Soon be in operation at the company’s quarry, a crusher to crush rock for ballast, the severe Winter havingjdemonstratod that ballasting upon pertain portionsttie road is absolutely necessary. . .> ■ • We have received the usual dividend of 8 percent, from the Atlanta and West Point Bailroad Company, $10,500 from our in vestment in the Port Royal and Augusta Railway Company, and $8,936 25 from the Rome Bailroad. The latter was serioiisly damaged by the flood in the Etowah river, fifteen miles of the track bring under water! and the bridges and trestles being mpre or less injured. This wil) account for the fall ing off in the dividends received from that company. ' In July, 1879, this company contracted to furnish the “Walton Railroad Company” with iron to lay the track from Social Circle to Monroe, and also a locomotive and suffi cient cars for its business. The Walton Bailroad Company Was to grade tie road and provide the crow ties, spikes and switches, but practically everything, but the grading, was furnished by the com pany. As.soon as the road is completed,.' which will be ip a few days, we gfe to re/ eeiue, in payment for ws?k done tod m2-' terial farnished, ponds-secured by A and only lien on the road ap’d franchise There is at present tp this accjjfcat, Reference is made to re ports of subordinate officers for fqlijffid de tailed statements of the affairs of tfce com pany. , P* 8- PSWUZT, Prepack Superintendent - Repopjf Gxobqia Baxleoap asp B**kc<a Cos., 1 Augusta, Ga., April Ist, 1881; j ing repdrt of the operation* of the* roedfor .the. fiscal year closing on the 31st ultimo. The earnings Jjave been as follows, viz: From passengers and mail * 337,213 67 From freight and express 1,032,750.75 Total $1,969,964 42 The expenses of conduotingthe business have been: . For conducting transportation.. $246,155 46 For motive power. 320,978 18 For maintenance of way 172,010 98 • For maintenance of cars 216,297 89 Total.. ...,..,.,*985,443 51 Net earnings *414,521 SI The expenses fire 69 74-100 percent* of gross e’arnings. • ■ , From the foregoing you will peroeive that the gross earnings of the road for the.fiscal-, year were $1,369,964 42. 'After all expenses the net earnings were $414,:. 521 91. Yorf will observe that the gross earnings have been in excess of previous years; the increase being both in passengers and freight. The favorable prediction made in my Ufet annual report has been justified by results. The business of tho whole “country had an awakening of substantial importuned! and the road shared in the common welfare. It is the opinion of wise judges that the pros perity of the past is as nothing compared to that the future holds-out for the South j>nd the Union. Granting this, the caree? off 1 the Road, with the tremendous impetus given, and with the obstructions removed from its path, cannot be other- 1 wise than onward and upward. * Gratifying as our earnings are shown to be, they would have boon much larger had not the Fall and Winter been of unprecedented severity. The wet months ot the cotton picking seasons materially reduced the crop, great as it was, and to that extent curtailed our earnings.’large as they were, in spite of all these unlooked for drawbacks. By reJerence to the tables it will be ob sffi-ved that the movement of cotton, fertil izers, bacon, grain, meal,-flour, grits, beer, livestock, hay, &c,, during the fiscal year just cl&sed, has been- largely in excess of any v previous year in the history of the company. The movement of cotton and fertilizers is unprecented, and, as compared 4uth the previous year, exhibits the follow-, fog results; .. 'Bales cotton. Tons Fertilizers 1880 #229,366 t 41,408 1881. jt. 295,849 58,277 Increase...'. 66,483 Bales, 16; Had we received the same rate per mile on thofte articles that we did the previous year, our revenues would have been largely augmented. The company's grain elevator continues ■to.afferd our millers and merohants facili ties for extending th6ir business into, the adjacent territory. During the year there was elevated. Bush. Corn Bush.. Wheat Buah. Oats Total. 93,787 114,805, 1ff365 226,957 The passenger business, both local and through, continues to improve, as the fol lowing comparison will show : Local. Through. Total. 1880 227,057 75 - 28,386 16 255,443 91 1881 273,464.14 31,557 89 305,022 03 1ncrea5e.546,406 , 39'4*3,171 73 *49,678 12 It is not to Jq eKpected, however, that the next year .will *bw so gratifying an exhibit,<ns it must be bonus- in-mind that on February Is* last, the local' fare.was the State Commissioners .reduced to tjjree (3) cents per mile. The freight business also shows a liberal increase, and from all sources is as follows: 1880....: -.....$ 914,080 23 1881 1,064,942 39 Increase ,* 150,862 16 . Car Department. •During the year wo have built 70 new box, 50 coal, and 50 platform cars. We haveYebuilt 26 box, 3 stock, 13 coal and 15 platform cars,, besides making all neces sary repairs. . We have purchased this year 2 Lucas sleeping cars, 4 passenger and 6 caboose cars. Below we give the number of cars on hand: Passenger oars 31 Sleeping cars 4 Baggage cars. ... 8 Mail cars 3 Box oars. v 420 Green Line cars 107 Caboose cars ■ 20 , Flat tors..: .181 Stock cars . 31 Goal cars... ,s.. ~108 Shanty cars. I’9 . * “Pay cars.l Wood crates. . 2 Provision ears.'!.3 ■ Totaf.t 938 • • Motive Department. * By examining the Master Machinist’s re port, the number, of engines belonging "to the'company, their condition and mileage will be'exhibited. Road Master’s Department. Referring to the report of the road master it will be seen that there have been received >2,768 tons iif steel rail, equal to nearly 31% milsq. This gives us a steel track from Augusta to the.4B mile post, also, from the, 70th mile.post to .UriioA IJpipt, -also, from Yellow river, 135 mile post, to 138 mile post. We now haye 90 miles of steel rail laid on the ropd.-. We have on hand X\% milerf of steer rpil which will be put down as faßt as possible. Only 81 miles of the main lino reimjjn to be laid in" steel raH, and .the steel rail fortho balance has been pur chased. When this shall have b6en ac complished, nnd the proper ballasting fin ished, the road will in first class condi tion. We have also purchased a rock crusher 4or ballasting' of the track. The iron for Alcavy bridgo is 'complete, and the con tractors will erect the new bridge at once. The officers and employes of the company have worked zealously .and 'harmoniously' for the common welfare of the vast property ■ entrusted to [their care., To.thqm, one and ail, the thanks of the company are due, and will be, ho doubt,-accorded. * Respectfully submitted, 8. E. Johnson, Superintendent. , Supplemental Report. To the Stockholders of the Georgia'Railroad and, Banking Company : • It is not many years since the maxims "of commerce, applied to. railroads, kept them disconnected with each other. When ever two roads entered a town or city, the , commercial interest of the town or city, as it was then conceived, required a break in ■ the line of transportation. The first step in the development of railroad business was to close such gaps, by making actual physical connection of differ ent, roads, while their respective man agements still remained distinct, and might be unfriendly. The next step was agree ments between roads, physically connected but legally distinct, for through transporta tion and ratable division of freight. The latest phase of development is the union, under one bead of both rails and manage ment of several or many different roads, taking up the commerce of extensive areas of Without, perhaps* the con- ; scious recognition of tho fact by the tyork, era themselves, this stag* of development has wrought out in commerce the analogy: of a great river in nature, gathering up. in its main-channel, and throqgb therbranches which flow into it on its right and left, all the waters of some vast basin and itg .sur rounding hills and mountains, and dis. charging them at its mouth into the ex pectant ocean. • * j This phase of development "is going on now with tremendous energy. Ali cokdi-’ tions of railroad situation-are mide to yield to it. It is the inevitable resultf fhe>Hrog gle of t.he enormous volume of> freight paw,? ing between the remote parts of a vast coun try. In order to hand la aJF swgbessfully, such arrangements must bq made’as" to ren> der its flow free and unobstructed, rapid and smooth. This effort to form unbroken lines of great“length and reach, while* it seems to be in the naritial and**proper di .rection of railroad development, appears also to be irresistible. Aug: single road.ne oessaryfor the accomplishment* of sueh a -eheme is’ sure to to acquired for "it. Any single road whiefc might thwart or Obstruct the general schei&e is sure to be strangled. Two methods for acqniring particular roads for such general schemes are practic ed. Either, oh the one'hAndr to purohase or lease the read; dr, on the other hand, to up a controlling interest ih ite capi tal stock. the purchase, or lease method is adcipted, . the road tribe affectal has a voicefih the transact; it is bought or leased tazmS and with such ?oad of iti jitodk*, the eotewurs, the Corporation, to ignored, and these is no protection provided for ton stockbwderfe ’ I& phie way stockhoiders; other fflafithosd in the combigatiaß, might find jfceir road operated jadhe interest nf a pomhinaiioajrijea to their ih teres ts. proper to feagsrh that it would not.hq qqpewfflS In any given instance to' btif mAjjQHty of the stock IturtßdVt iteehtporate affairs. The ooq, centxatioa of two-fifths of the atooh iff any (me hand would doubtle eenwSl the action of pny meeting rif stockholilhw which it might b# pxacti(ble to holff. ; The Georgia Raifroad J|a hfle i* great peril, of this alter totodgr om#- tise. ibost importaifl and/>alaile uni in. the movement 'Of freigtffhdtween the Norfhweet and the control has heeenr much oovetedj/Gould it hays pecured it* indeneudenqedor all time.or for an jqdefin iperiod; ft might have Wsen well Kr it to iaaintaia-fts independent pqrition; bat hi [uf, 1 h—1 *t oottim* Sf would have baarrat’ ths mercy of tha Other $2 A TEAR —POSTAGE PAID. half or two-fifths, concentrated and con trolled in a’foreign interest. The consciousness of this peril to the stockholders, as well as the opportunity of making a foost advantageous arrangement for the present and fnturo generations of stockholders, has induced the Directors, in whom reoide the powers of the corporation for that purpose, to lease, for the period of ninety-nine years from Aprifl, 1881, the corporation’s privile’ges and means of trans portation, and to transfer to the ltose'es the control and enjoyment of the corporation’s other property fox* the same period. . The instrumeift of lease is toovolupunoUs to be inserted in this report, but it will be. duly sjwead upon the proper pnblicrecords, and subject to examination by all interested* in it. In the meanwhile, it is well.to state in general terms its main provisions. The term for which the lease is made is 99 years from April 1, 1881. The annual rental stipulated is $600,060 payable in two semi-annual installments. . The privilege of usfog the Georgia Raif .road and its branches and our interest in the Western Railroad of Alabama and all our rolling stock is granted by the lease. ■ "The right to collect the incoilie of our stock in the Atlanta and-West Point Rfol .wny, and to vote those stocks is granted to the.lessees. The title to all .the property .remains in the Georgia RpilroAd and Bank ing Compauv. Besides the rental,, the lessees pay all taxes exoept the charter tax on net income, r.ud pay also the interest on Western Railroad of Alabama bonds., The lessees are to keep find return the property,in first-class cqnd^cn. The 'leSsfee's* .inddfiitiny ( the against all claims for damages on account of the use of Company’s Railroad. .The lessees deposit *I,QOO,COO of Jpnds in value as security for the performance of their undertaking, which deposit is no.t to' be diminished in amount, or impaired in value. ’ Besides other remedies and redress, the company reserves the right to retake pos session of its property on the'breaeh of any of the stipulations of the lease. The company is to pay the principal and interest of all its bonds, except the interest of the bonds of the Western Railroad of Alabama. The company retains forlts own ,use its banking building, privileges and business. While the Board of Directors conceive that 'their first duty is to the stockholders, and that they would have reason to be satisfied, if tho arrangement which they have made redounds; as,they believe it does, greatly t° the interest of the stockholders, still they have the additional gratification of feeling that the'arraiTgelnent is most fortunate for oities,towns, villages and rural districts affect ed by the Geoegia Railroad. It lias, in the opinion of the Directors, both remoytul tho danger of having the traffic of the West and Northwest with th’e out'er world diverted from this region to Atlantic ports north of Georgia and Carolina, and has also insured a greater volume of that traffic in this di rection, for the parties "to Whou# the lease has been made are deeply -interested in conducting that, traffic • through the port of Charleston. Only the future can determine •whether this latter view of the advantages of thq Ar rangement to this part of the oonptry' ba. correct, but the present, the very"present, demonstrates the advantages of the arrange ment for the stockholders themselves. To day,’ under the impulse of the leifse, the Sfook is higher than it has been in the.his tory of the company or in the anticipation of the stockholders. t The Directors are so well assured of the soundness and advantages of the situation, and that the annual rental, together with the profits of the banking department, will enable the company to meet the interest of *the company’s bonds and prcfvicle a sinking fund for the extinguishment of the princi pal, and leave a sum sufficiont to pay from .the present moment annual dividends of ten per centum per annum, to be increased fo the future as the.bonded debt irpaid off, that they declare it to be in tbeir opinion the true - pqAcy frem this time forward.to pay its stocK&olders quarterly dividends of 2)4 per cent. Appended herewith is a statement of o incoiiKhand liabilities under tho lease : Rental.-' ..$600,000 • Interest Bond Port Royal . v Cojnpreas Company...:.. . 2,000 Estimated net .profit of> Bank, after' p'aying ex- . penses and . taxes 25,000—827,000 The bonded debt, deduct , ings2l,ooo maturing July 1,1881, propose to pay, wilt 598,000, r upon which the annual in- ' terestwillbe Dividends to stockholders < 10 per ceqt. per annum... 420,000^-685,860 Balanoe for sinking fund.. *46, l^d Respectfully submitted for the Board. . C. H. PhinizY, President. ■ ■ May 5, 1881. ’ . In addition to the above, there is from two hundred to.two hundred and fifty tb|w sand dollars in oash. The amount cannot be giveD, as u portion of it is in pro cess of settlement. ENTERPRISING AUGUSTA. ' The Summerville Hotel. f Correspondence Chronicle and Con3tituiiondli.it] Augusta, Ga., May 9.—1 have been ia . business in Augutfta for many years, amj' well remember how for a long time onr city seemed to be at a Btand still, and hojrtheft vantile and other pursuits languished IS r 'the want of enterprise in our capitalists. But of late years, since the Hon. Cbas. Estes, and others, deteruftUnt'to great water power, and bring it intefsub serviency to the business interests f this community, . the deadlock ” has been broken, hope and prosperity have revived, and the capitalists of Augusta, by.the judi cious employment of their means, are .rap idly pushing* the city to the as the leading businessTind manufacturing centre of the State . All this is welV and, $3 an old citizen, I rejoice at it; bu^there is an other enterprise of great iofportence as a practical factor in aiding <mi general pro gress, the valfie - I had almost said the ne-- cessity—of which everybody •concedes, and yet it seems 'to hang fife. I allude to a' hotel on the Hill. The importance of thpproposed hotel was strikingly stated by President -Phinizv, of the Georgia Railroad /Company, the other day. He said : “Such a hotel, Would not only bribg a large amount of money annu ally to this community 'rihd thus directly benefit our merchants, mechanics' And other industries*but operjris’e bring incalculable benefit to the • fߣy of Augusta by causing capitalists to spjoum among us, for a time in eaoh year, And bring them- acquainted with our our enterprises, and thus inducertbemi.to invest liberally their means jvitWbs; ’ This# is/'Obviously so correct tr. view of the subject ' that, it needs' only to be" stated to be endorsed by the judge ment of’CVery man in our midst.. But shall we hay® the hotel f When it was whisper ed around * that-such men a*' President Phinizy, Col., John Davison, Major Branchr 001. i Whale*s, r Hon. Mr; Walsh, Mr. Stetson, .and others that could be named, Man interest in this matter; we east this ‘ desirable enterprise, ced on foot and the hotel built f months. What is the matter, ora Js therp another dead- Geo. W. Crane. Hl*jrtweU Aotes. ■ (Correspondence (Jironiple cmdQoniMMknuiliM. ] yHAßTwaii, Ga., May 1881.—Mrs. Benson, wife of •Han. J. B. Benson, is very sicjjt and ia dangerous and critical con dition. She whs first taken about two months ago with an aftack of’bronchitis, brought on by th<? severe Winter, which has confined her to her bed ever since. Her life has heart that of a model Christian and. she is beloved by all who knew her. Orfr town has put on hdr Spring suit of green, #nd with her wide streets lined with trees, high situation and bracingatmosphero, is one of the loveliest- places in"--Northeast Georgia. Cotton planting is neaflw 'over and our farmers are now at work in earnest preparing" for the advent of “King Green.’’ The first.. annual meeting of the stock holdersof the Hartwell "Bailroad was held last week. No business of Importance was transacted outside of the election of anew Preaid entT; and Directors as IdHows' Hon. W- flowers, President, Hon John. B. Bepsoh, A. G. R. Stephen aq, 0. A- Webb and Cj. AdafdA, Directors. ; ■ ’ Railroufi Meet;. a*ta>. -J' „ ... „.*r~ Xhc KnotyiHe TJryes says?, “In aeooord an.Ce with art advertisement which appeared in onr columns, a public sale was made yes terday, i% front of the People’s Bank, by Mr.’kfcmes G. Mitchell, Secretary and Trehanrer. df; stock in Qie tT., V. *G. Railroad Company. The salp'was made by Mr:E:- A* Akers, auctioneer, and attracted quite AciowjL .Tfer*wt Bale w*M*-of shar**, it.benjg the ftaASadetof thacapi taJ'MbdK to which the Stoekhqjjers were-en trflfKl, Fifts eharee were first-put up, and sold to Oohmel Charles M. -for •u? m other fiat; ceipß^oa£^so*£^^m; sale was myX®/ 1 932 shares of the stockY; UcrSasethe T caJiW(f 'bjfauthofitykjf the Board of Dnrestei*. Thu "sales Were as follows: Opledelr McGhee., ■ &K>, shares *t f122; Umsawij. at $123 , J.he shares at -the same, 132 khareß at theamouuJreSwed,5G jbelng an average of sl2l 42 per shire df *IOG 3The entire amount excepffifty UwA was purchased. by. Opt. McGhee. Btock sold wee‘ lip sew,,os watered farentsshouldremeqrtmrMmt M.~ % Company piaek Tipupln* children's, shoes protects the shoe from wear a%* well M the metal tip, and is not objectionable in Jf r THE FIREMEN. eighty-sixth Annual, parade of THE department. A Very Urge Turnout, and a Fine Die. P>i*y—A Bright Day and What Came or It—The Beet of Order Maintained—The Winner*. r “Time whereof the memory of man run neth not to the oontrary” has never record ed a finer parade or a more brilliant display •iu Augusta.than that made by the Fire De plrtment yesterday. Nature itself was pro “pitious. “The skies were hltte, the sun was bright, and the late blooming flowers gave the lady friends of the companies ample opportunity tu deok the hose carriages and engines with blossoms. Not only the fire men but the whole town turned out. The streets, wide as they are, were so crowded thaUiocomotion Was performed under diffi culties. The companies seemed to vie with each other in having out as many men as possible, and the result was the largest pro cession that has ever been seen in this city. Is wa3 noticeable, too, that the organiza tions came promptly into line, and that all seemed desirous of making th.s occasion as great a success as pos-ible. Soma new and atractive uniforms, were noted, and the dressing fwfe*erffTf the reels was very elaborate. Mr. H. M. Young, the Oheif Engineer of" the Department, performed the resj'onsible <1 4uties t of’his position-with coolness and judgment, and his manage ment was most favorably commented Minn on all sides. , A little after o’clock the nrooession moved off in the following order:’ ' Augusta Brass Band. Chief Engineer and other Department of Pioneer Hook and Ladder Company, Foreman White, 35 men. The truck was handsomely decorated and was dawn by four beautiful horses - two black nnd two whito—gaily comparisoned and driven bj Mr. E. A. Heggie. Georgia Independent Steam Firo Com pa ny, Capt. Adam, 40 men. Georgia’s glit tering steamer was drawn* by four tine horses—two white and two biook—driven by Mr, Jack Ellis. With Georgia marched a delegation of 12 from the Aiken Fire company “Daughter of Georgia,” headed by President Hahn and Capt. Courtney. Mechanic Independent, 40 men. Captain Tischer. Thfs com;.any paraded with their fine reel and the splendid banner presented to them by a lady of Baltimore. Washington, -No. 1, 38 men, Captain Sancken. No. 1 made a good display. Clinchp&team Fire Compffpy, No’ 2, 33 men, Captain Slack. The steamer of this compony was drawn by four spirited sorrels, driven by Mr. Newt. Heggie. Gardner’s Brass Band. ■ Vfcjjlaift, No. 3, Captoig McAnflrew. The teeTbOre the legend “We have come to let hC roll aghin,” eyid the steamer’ W£s drawn ijy.twtf hays and two blacks. ’ , -. Gazelle, No. 4, 38 men, Canfafu* Hahn. T!he fine ’steamer df this Company was drawn by two large mules, which. marohed / along, as composedly as if nothing unusual/ was happening. * f •Augusta, No. 5, 32 men, Captain M. f Murphy. No. sis one Of the oldest coji- 1 panies in the Department, and ft dosene* • good service at fifes as-it makes adfapliuJ in the parades. , J Stephens, No. 6,40 meb, CappliiP Hearns. The membe'rswere the observadof auSaerr. ers in theif nobby uniformsj'whiHprrqJKoate: trimmed with red, black pan4s*atjsl. White. Prussian - fielusets,. with brass shied Zip Ironf.,* As thop marched with their sprnfey, -buoy- " ant step more than one bet was/ifigffe that" they would Win tho first 'priz* f\ s 1 „ . Drum corps, led by a talAdrom major, bear ski n oap. •. ' , Richmond IJp. 7, 30 9iuoJv@pt> Urown. ‘dressed, and the Companjr presented a fine appearance; * * •- *7 ; , Ditizeip No. 8, 60 nfeu, .Capt. Boulett. These were the favorite* in the reel contest, and as the spectators looked at then sin ewy afrd‘Well made figures it was Hot won dered that such wa£, the okse. Their team ran in the .contest with .white shirts,, blue, knee pants and while slockings." ' Alert, No. 9, 45 into, Capt. Rofigere. This company turhed out, on will be seen,, . with a large men?airship and did oredit to the First Ward.; "' - , > Dixie, No. llfc 35-mpn,.opt. La wren oe, ."Ehid was the first appeaiunoe of, (his com pany in phblio and their reel bore the, -legend, “Oq* First Trial.” • s Following’ Ihif Department came four juvenile, companies, - as follows: Pioneer Ju niors, 35ibuys, Capt. L. Burch; No. 11, !• boys, Capt. M. J. Mulberin; Bainbom No. 12, 19' boys, Capt. 'Cooney Citizen,*uniors, 23 .very small biws,• under * oomißftd of "Capt. B. H". May. jk . . , . V *Thf<proceßßion in paßsiog~the” (2iiy Hall by the Mayor, members of Odpnoil ahd the Judges. These afterWari, Ethe line, in carriages. In one ear were Messrs. Frank Smyth,. Cl.-.A. and ,W. fl. Trezevant, ex ohidfef ohn S. Davidson, City Attomhv, wan among those in the carriages. 1 ■ ■ ‘ r The procession marched down Green* street to Third,: through Third to Efroad. up north side of Broad to Twelfth, and down Boult side of Bread to ‘Monument -square, where the oontest took plaoA - Rei Contest. • ’ One .man allowed to every 75 ponadj; carry 400 of ho|e, to be conneoteffia when ready for fire duty; run 200 unreel not less than 93 feet of hosedHEmh the same to plug (the j>lug to be okMd at time of oompany starting on a* when not in use); attach the pipom)*pee; use any sizp nozzle, and throw p ’fn th* .shortest tiine. The pipe to beopnozite to or beyond the.ping, or the ootnpaiy rfuist be ruled out. T - Time * J'/’ff’oial to plug, r time. Clinoh.; 29 - QO Dixie . 31* * 43W Stephens 26 M ' *. 36*5 Washington 29% % 42 Richmond 310 Hr Augusta 31j2*: 41Jjf Mechanic )-. 29 £ J Vigilant.:.-. 30)| > "IS Alert.... - .;..),..... 3© ’ 4096 Citizen .26% 37jJ. Both the prize for tobpl run and that for run to the plug wermwon by Stephwia Hose Company, No. 64wrhose time Was tb best made in Augusta. The bkst oon neotioq was made by Mechanio - the time bging eoonds from the plug to water. J3itizen, No. 8 "won the second prize; Me 'ohanic, th'e third; Alert, the fourth, and Augusta, No. 5, got the -tin rqel for th* slowest time. ’ Individual Contest. The individual contest took* pluee imme diately aftei* the reel contest. y One man beiqg selected.from each company by tba captain of the same; said’ mad to run 200 yards, unscrew cap of-plug; turn on water; throy water over peg aet in front of ping, and close plug. There were six entries ut •this contest and the result was as follogs: Time to Plug Total Time. D. Looney, No. 10 N. L. Scales, No. 6 23 43 Bernard, No. I .26 00 T. Riordan, No. 5...-.00 Jas. Moyers,.No. 0 24 % 46U J. Sykes, No, 8 23% *O% Mr. Moyers, of Alert No. 9, thus became winner of "the prize in this contest. Ste*mer Contest. , , The steameMfiiad two tests—one through 1,000 feefaef hose and one through 50 feet. Th e result was as follp jte : 1,000 feet. 50 feet. Vigilant........ 167 ft. 5 in. 195 ft. 7 in. Gazelle .......228 ft. 4 in. 266 ft. 2 in. Clinch... 169 ft. 2 in. . 234 ft. 7 in. Georgia 216 ft 9 in. 242. ft. 8 in. Gazelle thus .became the winner of both prizes. :■. ■ 0 ; ' Pioneer's contest did dot take place. Th*- prize was presented A the oompany. Presentation of Prlaee. At the conclusion of the contests the rzes weiro preeented tp the winners by O. McCord, Esq., in appropriate and elo quent? language. The Department oonld . not hafe selected a better repteaentatira. • Remarks. ■* -■ ■“ : •' ybfimrtable,order was maintslned through out th§ day.- .With thonaands of people on the Streets there was not the slightest disturbance and the .beat of feeling pre vailed. Augusta, has good feason to be proud, both of her. fire department and her police ,foroe. Late ifr, the afternoon a youth, .named, IdondAy, from Port Boyal,. Was knocked down and fun over by Gn zeOe e horn reel; but’ fortnnatelv was only slightly bruised. ' Pioneer had a set lnnch at their hafl during the afternoon, to which the Mayor ' hod Members of Council,, the Htenheoar JBese Company and others were ' i Bose Company, Gazells btcaai Fire Company anj other comnspicsjbad Hinches audit good tiupe generally at fffeir engine bouses last bvk ing. z" * \ ■ The Judges, nndeV" the- cboinsanship of Cofe.Bj, J. Wilson, gave general satisfaction. l, ’ ‘ p Iff—i ‘ uj * ; c ! f r Bat— * '[ffroyi the. Chicago Timet,] ■' There was no “Ijargain” between Mahons and the Bepublijatt leaden, it-is to be understood—nothljsg of the kina-but if tW latter don’4 stick t their agreement the ?great, grand," patriotic, statesuianllKe, pr<V gressive friend'of civilization, equal lijbti, universaL education and plenty of officer for. bis mends, wilf summarily “kfibek the Btuffiinig’* out of their ‘ ’constitutional ma jority” and all their hopes of anew mitten nftun .for down ’in Dixie. That's the sortrif a piogressive patriot Mr. Mahone 54, and the Republican Henatora are poHt-eJy-. requested not to let the fget