Below is the OCR text representation for this newspapers page.

CEDARTOWN RECORD. W. S. D. WIKLE & CO., Proprietors, CEDARTOWN, GEORGIA, SATURDAY, AUGUST 7, 1S75. VOLUME II. NUMBER 8. TIM El A' TOPICS. lllFIiE-SIIOOTINO is till* WAllin of tllO tiny, and tho int?r-stato rillo match, wlvieh i« being arranged for October, will doubtless bo attended by repre sentative riflemen from nil parts of the country. The match will take place at the hifltorio Groodmoor, and bull's eyes, Bubjoets of friendly competition be tween north, south, east and west. It is a melancholy Bigti of the univer sality with which Americans seem to bo forsaking farm work, that, even iu a period when the dullness of manufac tures and trade leaves thousands unem ployed, the farmers And it hard to get sullloicut help. The complaint in gen oral in all parte of tho couutry that sufflnent help cannot bo obtained to handle the crops with. Tub stockholders of the Augusta cotton factory have resolved upon the issuance of bonds to tho extent of jM 1 o.OOO. As a lhis concern hat hitherto been believed to bo tho most successful cotton muiiufimMiring establishment in tho south, the fact that it is compelled to borrow money on so huge a scale looks rather discouraging for the imme diate future of that industry. Tup. difficulty of recovering auj thing from Boss Tweed and hiH associates may bo seen from tho faot that, of the 151 voucher* on which warrants woroiuuod, 111 of them have been Hiolon, and the plaiutiiT in required to produce the stoh a vouchers uml bills attached, and specify which portion of -them is fraud ulent. As the bills cannot bo repro duced, tho dilemma is apparent. Tho plunderers scorn fo be safe. Bbnator Nonwoon, of (icorgia, iu bis recent address at Emery College, made Homo intore.-ting points. Among them wero those : "Whilo emancipa tion diminished our wealth, it increased otir political power. Negroes vole for men and not.measures, aud their800,(HK) votes will bo added to ours. The negro is gravitating toward us. Tho people of tho north will soon riso and demand a surrender of tho elective franchise or colonization." F. K. Elliott, u well known writer on agiionlturo, 1ms been collecting cer tain data in regard to fruit culture, aud gives tho total market value of tho crop of the entiro couutry at 817,000,00(1. New York leads all tho states in amount with $7,000,000. California's figures ora largest in proportion to population, being 80.000,000, this sum probably eluding the yield fror total sum for the Ne is put at 80,000,000. At Inst tho Cotton states aro learning wisdom. The experiment of diversified cropping, which the more prudent have for yearn been urging, has thin season been tried with most encouraging re sults. It is a fact that the gulf stntes Ravo grown a surplus of cereals, if tho estimates of the papers of those states can ho treated. Not only is thero an unprecedented wheat crop, but cotton culture has been prosecuted with a now diligence and method, resulting ju an unnsual yield to tho acre. Thus instead of mortgaging tho growing cotton crop for food to eat, tho planter can this year supply his table mainly from his own flcren, whilo ho stores his prime staplo anil awaits the top of the market. This is tho beginning of independence for tho south—first diversified agriculture, then manufactures, business mined, aud the most important branch of Isthmus exports vauishes. Tun recent death of Lady Franklin brings to mind tho discovery by Capt. McClintook of tho fate of Sir. John Franklin. This ia the ercary record : On tho Otli of May Lieut. Hobson pitched his tent beside a largo cairn upon I’oiut Victory. Lying among some lo»iso stones, which hud fallen from the top of this cairn, was found a small tin ease containing a reoord, the substance of which'was ns follows : * This cairn was built by the Franklin expedition upon the assumed site of Sir James Rosa' pillar, which bad not been found. The Erebus and Terror spout their tlrat winter nt Beoohy Hand, after having ascended Wellington Channel to latitude 77 dog. north, and returned by tho west side of Cornwallis Island. Outlie 12th of September, 1810, they wero beset by the ice. Sir John Frankliu died on tho 11th of June, 1817, On the 21U1 of April, 1848, tho ships were abandoned live leagues to tho north-northwest of Point Victory, and the Rorvivora, 105 iu number, landed here under the command of Capt. Crosier.”’ There hiut been but liltlo said of one feature of the relics of tlio Franklin ex pedition. The disoovery of hniv.an bones in kettles did not permit observers to avoid tho conclusion that the starving men bail cooked mid eaten deco oomradea. LATE NEWS SUMMARY. EAST All the clock mnkeiH iu Connecticut have agreed to ••uspoml up i.iliona fur four vineyards. The England states Fr< i Mnv ‘22rt to July 21 tli the ■ York, Potato hugs are playing sml havoc in MaMtcImsctts Helds. and college professor* who have hcun r< insulted say I hut only hand picking and planting in damp soil can save tin growing crop uf potatoes. $12,871,48'!; since January 11, 187ft, $9,050,- 11ft ; total National Hank circulation outstand ing January II, 187ft, $:1B1,801,150; on July •JS, 1875, $805,012,538. The postmaster general has selected tho mail routo along the shores of tho lakes for the fast mail train to tho west. It is expected to licgin to run l>y tho tlrst of October. It will make tho distance front Now York to Chicago in not Ittoro than twenty-six hours, and it ia hoped to reduce tlm tone to twenty-four hours, a gain of twelve hours over tho present mail and express train. Tho amount of small matter to be carried by this train will bo enormous. Ihoro will to four largo poatal oats of improved construction capable of earning tldrty-tlvo tons of matter, and it ia thought by tho department tlx amount to lie carried will roach forty-live tons before tho expiration of six months, greater part of tho works of distribution will lie dono on tho cars. Newspapers will tnken in by tho bundle, and folded and dis tributed oil route. ItolayH of clerks will bo stationed at Syracuse, HufTnlo and Toledo. This ontorpriso will not cost one cent addi tional expense, the railroads having met tho government in tho most generous spirit, FOREIGN Tho loRROfl of tho Onrlista (luting the post 111 too weeks in killed, wounded and mis sing, is estimated at 1,000 men. The Spanish government lias deter mined tu contract for seven million dollars to indemnify oivnors of slaves in Porto Itico. Labor troubles hnvo liroln n out itt England again, and a large number of cotton mills have slopped operations iu consequent* The strike sot ou foot by tho oporr lives in Oldham, England, involves 1(H) mills aud El (Mill bauds. The operatives will Iiohu| ported l.y (lie workingmen's associations o Yorkshire, Lancashire, and Clicahlro. Goimuiy uml Buraia prouiipo to giv furloughs by tho hundred thousand to their soldiers next year. Austria will have to follow suit, as she is a member of the triple imperial league, and I’rarco ran in tlist ease have excuse for not disbanding some of her slip niimorarioH. It is said Hint Husain him not ubnn- donod tho idea of having a uuivoisal poaco conference, mid that the meeting will ho hold next spring at Hi. I’olemburg. All the great powois except England have accepted tuvilii- COTTON MANUFACTURE. •cals SOUTH tin firm .‘10,000 bushels of . leans. Other largo consign f tho satuo course of shipment Georgia is progressing. A stnok company for the manufacture of ready made clothing on a lafrge scale Is being organized In OolutobtIH,' and Rome boaalH of utiin furnaces w D. O. Comstock has been do-1 Al| honsUts Tltirly-otio mills have closed nt Dun dee and 12,000 persons are out of employ ment. Doth cinployois uml operatives have resolved not to yield, if tho Oldham strikes should extend to all nulls iu that district, jj I 50,000 persons will hn out of employment, | 1 >011 Gurlos, iu hiH loiter to Alphonse, •k declares tho crtlolty of tho nioaaulo online] do by the Maliiil government is iitiprocodenlid, au(l will, like tho Mood uf martyrs, raise up Oarllsta nvorywliorp. lie himself, who conns Ids country to ho king of all Mpanliird Tub an revived the controversy nn to tho i (Tret of high physical oultuto on mental training, and this has drawn out President White, of C.unell, who bears strong testimony in regard to tho scholarship of tho boat ‘‘ Tho legisti furnished to mo nt of tho standing of tin ben of tho Mnj. tailed by tho war department to watch tho work of (.'apt. Eads in deepening tho month uf tho Mississippi, and hoo that tho contract is proporly fulflllod. Tho dispatches from l’onsacola rela tive to tho yellow fever aro not encouraging. The naval offioura in command soern to he panic stricken, and represent tho situation as detpnralo and hopeless. Ho malignant a typo of tho fever has not boon known for years. A dispatch from Gyntbiana, Ky., suys Dr. < E. Dmiallv, a dontist of that place, ap proached Dr. Peckovor, anuthor dontist, say ing he I'ockovnr) had called him a liar, and shot 1‘cokovor through tho lienrt, killing him instantly. Penally surrondcrod Idmself to olHcers and whilo boing convoyed to the lock up was shot and killed by It. II. Hidgly, brother-in-law of Pocknvor. Ridgly ia now in viintody. Tho roorotury of tlio navy lias rocoivod tho following dispatches dated July 26 : Keep strangers away from here, fever is raging at barrancas ; sixty-five esses and seven deaths. Htiict <|tiaranlino upon Fort Rnrrnucas. No communication therefrom, except through our quarantine. The post commanding r Mi- | m hhon gold, giving cer's wife ia sick. His duties providing for tho sick aro arduous. Tho fever is < f a very malignant tjqo. Ladies and children of the post arc nearly all down. 1’lcaso inform the secretary of war. (I. II. CooFKn, Commandant. Pensacola. A dispatch from Louisvillo, Ky., says the crop situation in this sta'o, as well os iu laign portions of adjacent states, in becoming very alarming. Thero is a heavy rain fal every day, and tho short interruisnisii with hot auushinen aggravates the ( weather has continued about "it weeks, and ia beliorod to bo without a parallel. In tho iho official state- I I* 1 * 1 day or two the rain fall lias increased, and ‘ "loomy appiolienslous are felt in all sections t the country. The corn crop hai not boon of tho C< regatta ha peaceahly within confldont of success, for it is imporsiblo Hpain can llmuisli under governments of chanco. Tho Mark Lnuo Ex promt iinyn tho averago tine in wheal slnco Inst week hnslionti fully four shillings here and in Franco. Hero much grain has boon prostrated by the heavy wind aud l ain, Hliould the wenthor continue lino, crops tuny not suffer much on yield, Whatever may bo the rosuU as to tho <|uality. The former low rates seem to ho impossible! with stocks so near exhaustion, Imt millers nto not likely to purchase freely at high rates while thero is a possibility of improved pros pect. A Havana letter says an immonso con voy was captured by tho rebels between Puerto Prlnetpo and (inatnauro, half its escort being placed hors dn combat, aud near Rnmidios tlio Oabaiis drove a Spanish column back to tlieir rotronehmeuts, after capturing tlieir baggage aud military supplies. Spanish Iosh in tlio furmnr engagement one hundred and fifty killed, including tlio commander, and $150,000 in gold, it is repotted tho Spanish hank fused to loan tho government another I reason tho non-pay- nf previous leans, and ospeeially tho last loan of $2,000,000 gold, only $600,000 of which has boon returned to tho bank Tlio Olubo has fifteen columns of special reports about the crops from different places ill Ontario, Qitnhoc, Now Itriiuswick, Prince Edward's Island and Nova Scotia. The following is a summary : Pali w-lmnl, although below tlio average, will I at otto time expected, Spring wheat is about an average. Oats, barley and peas are hnaviu than for many years in proportion oratty which damaged I|M WOI1 tbc 00,1 I am giail , Tll , to say that it represents admirable has been scholarship in tho various departments, | quantity and I feel warrnuted in making iho statement that were yon to choose out l-.y lot au equal number of students from tho university, tho chances are two to ono that you would not take in as many men who have been ns faithful aud diligent iu their intollctnul pur suits at tho university.” if lonely yot, but it is hollered wheat, oats, ryo, barley and hay ijurod 60 per cent, in quality and Tho tobacco crop is greatly in- Tho situathn is extremely precarious, beliovod if tho weather does not ini- ithin tho next ton days tho yield wil covered. Indian corn is greatly Improved and will torn out better than expected. The po tato crop is large, and the root crop generally very heavy. Hay is an average crop. Small fruits are abundant: apples lees plentiful other fruits thero will piohabiy bo a ciency. Tun Fatk of tiif. Tiiadb Dollar. It was a stroke of policy on tlio part of our government to devise in the triulo dollar n coin which should compete with the Mexican dollar and eventually It is feared it may Iu MISCDLLANEOU3 The Panama fitur mournB ovtr the fact that the PaciHo Mail Ktcamship company and the Panama Railroad company have raised freight to such an exorbitant rate that the bauana-pro-1 accounts of Treasurer Hpinnor for the quart dticcrs on the Iitbmns will come to | ending December 31«t last, and roport tlio grief, not being able to ship their fruit I ® nlirtly accurate, to Now York, ex :ept at a considerable loss. When shipments can bo made $12,000 per mouth in American silver is paid to producers. Tho law is there fore keenly felt, und the selfishness of tho transportation companies is evident from the following paragraph in the Star: When the Paaifio Mail refused to di vide with the Panama railroad, the Pan ama ruiirond company then charged sufficient freight for tho two miles which year j ,| r j vo almost outof the Chines' than 20 per rent. <>f , ket. After reaching that country it en counters an almost ignominious fate. | The Chinese send it to India for the j purchase of opium. They go into the j Calcutta mint and oomo out as rupees, The Trenton banking company, of which aro stamped with the native ohar- i out on, N. J.. which lost $150,000 by Jay actors on one side and the value ookos failure, loses $ 100,000 by;tho sunpin- of the piece on the other. The trade on of Duncan, Sherman A ('o. j f, f China with India in opium exceeds The flret auditor anil first comptroller lkat •>' 0,ll8r commoditie« an is , , , , ... . , , shown by tho report# of the Chinese f tho treasury completed a settlement of tlio • J Toe secretary of the treasury has iseaod a call for redemption of $11,807,200 of I 5-20 bonds of 1862, of wbicli $11,830,550 aro coupon bonds, and $06,050 registered bonds. custom service. The amount returned for the last eight years, exclusive of the amount smuggled, which would prob ably double it, is 97,410,030 pounds. The amount of American silver which annually goes to India from China to Now York ltiillctiu, .inly •>. Wo presumo no ono will disputo that tho world’s markets aro overstocked with cotton goods. This is notoriously 10 at. home, tlio only exceptions boing a few favorito fabrics, tlio de mand for whioli always keeps pneo with tho production. Tho satuo condition of things exists in tho Manchester trade, tlio over-flooding of tho great. Asiatic markets having boon ono of tho oattnes of tho important failures that recently occurred iu England ; and if further evldonoo wore needed it is found in tho faot that only this week thirty mills closed at Oldham rather than continue production at. its present. oostH. It is not difficult to nacouut for this condition of tho cotton trade. In tlio United State.*, Germany mid in Aus tria, and partially also in Franoo, trade has for many ninnllm boon wovoroly de pressed and labor only partly employed; and tho purchasing ability of consumers of cotton goods lias been proportion ately diminished, A largo proportion of tho production of cotton goods in always consumed by a class who have Buttered most severely by this condition of things, tno working masses; u fact which very directly affects the detmmdsV Ho long as the demand was attillolally supported by tho largo shipments made to the Asiatic markets for tho put-pom of keeping afloat lingo insolvent fli nts, this contraction in the cot sumption of tho working millions of tlio Kit and American populations wa vented from having it« full elTcel uinrkets; hut now that such spurious support is withdrawn, nothing cm pre vent this reduction of consumption from working out its legitimate effects on production nnd prices. Wagon and in comes having been reduced to such an extent, that there is eonVooly a family in Christendom which has not tuoro or leas curtailed its consumption of cotton . and thin process of economy be ing still in force, it is inevitable that, if quantity of goods is tiHumud it can ho only through so far roduoing tlieir price ring down this value of tho ag gregate production to tho Arminishcd purchasing power of aonsttmom Thin is as self-evident, us tho Himplest. nuillm- matical proposition. True, thero line 11 partial decline in Cotton goods, which is to lie regarded as so much omi ssion to tho influences to whioli wo have alluded ; Imt tho obvious oxeesH of product ion over demand shows that tlio prices Is not sullloioilt to satisfy nuisitloH of t he case. It is Useless to argue that, with tho present costa of machinery, labor and raw material, goods cannot be prodttc d for Icsj Mum they are now selling for ; and equally useless to reason that as, dm.eg tlio last fifteen' years, tlm world’s cotton crop has not increased in proportion to tlm extension of tho markets for cotton goods, prides ought to bo higher than they were in 1H(1I); for there is ono law which conclusively determines tlio pride of those us of all goods- wlnit oon.-mm- nfford to pay for them ; and it. is clear fiom tho present conditions of tho trade Unit Current prices do not conform to this rule. The misfortune, however, is that while present prices are too high, man ufacturers an; earning no profit, but in very utility oascir loso upon Hoiking the goods. Under these oirflflinstuiices, what is to Im dono? For manufacturers to reduce tlieir prices and emit lime pro ducing ill tho present cost would bo to invito ruin. They might hedtico their prodtiofioit aud, by making goods rela tively scarce, nminlain prices; but every manufacturer knows tho difficulty of establishing concerted notion for such a purpose. Tho only nafonLd business- like method of treating tlm ease is to aim directly for tlio conditions neces sary to cheaper production. The necos- aities of the iiiliintion call for olicaper labor and cheaper raw material. There cun he no prosperous si ate of the cotton trad •, no general employment of ma chinery without these conditions; and it is tlio truo policy for manufacturers to combine and stop work until they have secured these advantages. Whilo we write, the cable informs us that Oldham only six out of one hundred and sixty-two mills belonging to the Employers’ association arc working.’’ This shows that the Lancashire mtillti faetnrers aro working in harmony and are resolved not to tamper with ii situa tion whicn demands prompt and thor ough treatment. They have adopted the co tree which will moat speedily bring affairs to a sound basis ; and although their action may excite ill-feeling among the operatives nnd may enure some depression at Liverpool, yet it will prove to be tho readiest and most wholesome way to reach the indispen sable changes in tho conditions of production. It would ho fortunate if tho New England manfaotnrcrs were to oornbino upon a like course. To deal witlr, the question timidly is to prolong tho agony and augment tho distrust that tho pres ent situation creates. If the example of Oldham were followed, a speedy end of the troubles of the cotton trade would bo foreseen, amt '.onfldenoo would be restored to at loiJ( J no of tho otv 'industry, illy hhnlthy feeling in this or any other trade until not only prices but the coats of production liavo linen so for reduced as to produce a general feeling that the lowest point Inis boon touched ; but when that state of things Inis been gained; there will bo a jumpers that no fence could stop them. 1 ffxcd them iu the way ubovodosorilud, and had no further trouble. At the same time the board will prevent much tunning about, and cause them to fatten better by remaining more quiet. " Wlion tlii> hook’s hoiio out >r your lire, you cm irt nucUicr whilo U’s h-iiiikIuk tu your cur , It i bolt to liavo n bit of HlUairo, amt out o' that iu a I'salin'll come by-nml-by.- A'./irm J (/mutt. Wlicii tlio souk’s K<>un . til of your life, I lint you thoimlit would UM t<> tlic cud,— That pay for opium is tmmenso. include all tho bonds issued under Hi act of Fob. 25, 1857, not borotoforo called i for redemption. . Tho comptroller of currency advised i ^ Car tlio secretary of tlio treasury of tlio bsuo of California * 1.270.560 additional National Rank circulo- Arkansas tion for the month ending July 28, 80 per cent, for which is to be retired in legal tender Ohio. * making (lie whole amount cf legal Virginia A base beautiful a'coin as tlio trade dollar, surely.—A an Irunciaco Cull. Elections i transportation of the bananas to coyer I tender notes retired since the pasrago of the | one-third of the two thousand miles sea | of January 21, 1875, $7, Ml.®-’- Tl,u | SSiffi trnn.portation, Meaawbilo tbue two j t ”'r“ companies contend about the division l )< t j The whole amount of of freights, the banana merchants arc I lon d, : r not-- retired sin. c Juno20, 1871. P ground between the upper and nether I | n $27,38fM«.7. The total additional National - miil-BtoneB, their profited eBtroyed, their I Bank circulation isiued since June 20,187 b in Texat the Year.—Elections n tho following order : Monday, August 2 .Wednesday, September 1 .... Monday, September 6 Monday. September 13 ... Tuesday, October 12 .. Tuesday, October 12 " ernhe “ husetts., Tuesday, November Hilay, November limding branches of common cotifldence in buying, which tho ono thing r ow wanting to h general revival of trade. This requires cour- ngftnjn tho part of i/mnufacturors ; but if this heroic treatment of tho case ho udoptod, they will soon find that they have conquered all their dtileiiltieH und established the basis for u now era of prosperity. [Tu op aro addicted to (ho vi co of jumping, tuko a board uhoti two foot long, five or six inches wico nn I one inch thick, and fasten it to iho sheep’s nick so tlmt it will como flataguitist tlio knees. When tho shocp attempt «to jump, tho hoard prevents ajfoothold on tho fence and throws tlieji back. A few trials satisfy thorn. Tho worst jumpers can bo cured in tbiswuy. Lust year I had nine which word puolt bad Y’imi cniiiiut |>rc*M ntinUi, my vatilHhi'd pet, ^ You canuot roach iilutiip ariii« !<• g.'t my kins, Or ilnrt at) ml ivltti rosy, miki'il lui't, lliititilliiK soft syllaliloH "f Ihtj and I tint— Kiiqity tlio home, whrro, frollcaonioaml fair, Your (irri'liiiiH |irc*om'v niadi* *■*» liriutit a part ; Empty your Itlltn orle, your ciutlii'H, your chair, Hut cmpth>Nt of nil your iimlbi'i'ii licnrl. TlioFiiiluro of Duncan, Sherman & Oo. From tlm Now York I’od. Tlio suspension, without premonition, of tlio bunking Itouso of Diiuoitit, Hlipf- maii Si Go., whioli for many yonrs had stood hiRli in tho estimation of tho puhlio, bot h because of the character of its members and Its supposed great wealth, naturally created astonishment. The public at largo were surprited that it should hnvo suspended at all ; and the few persons who wero not wholly unpropnred for tho event could not un derstand why it should Intvo occurred at thin particular time. According to the published card of the Arm, and according to what those agents who aro authorized to speak for it , Hay its real weakness was but recently discovered, and as soon as it wan known to tho part iters, and it wan further as certained by them that now capital, sufficient to pay every debt if demanded, could not he proottred, it was decided that the proper course to ptirsuo was to stop payment and go into liquidation. The only other way open to them was to aluiso tlio credit of the Arm, wltieh was good enough, if properly prosBml, to have commanded millions of dollars— and to c" itinuo in business with the chance of making prolltH sufficient to put tho Itouso again into a solvent con dition. That tho honorable course, under these circumstances, was instantly taken, affords no. surprise to anybody "ho know tho members of tho firm to ho men jealous of thuir personal honor aud good natiio. Wherein they will he Dhimed will bo in that they managed tlieir business no looHoly that they did not know tho trim condition of their affairs until after they had drifted to tlm point where tlmv could not he rescued without external help. Thero is no intimat ion from tlioHo per sons who are best qualified to speak on tlm subject that tlm losses of the Arm wero of very recent date. On the oou- trury, tlm inference is warranted that tlm house has been subjected to a series of misfortunes dtlric/t a series of years, beginning with unfortunate railroad complications, and ending with mis judged truusautious in cotton. If it could lie shown that tho Arm was drivMt ilito stisponsion by tho stress of tho times—that is to say, tint its cm harrusHinoutu were caused by tho condi tion of trade rather than hv its own in dividual errors or judgment, both in re- speet to its railroad oonuootionH aud its trausaotiona in ootton—tliott there would he rensofi for suspecting a general mi- HuundnoHH in the btisiners community, nnd for expecting more failures from tho same general causes. To spank more plainly, it ia not tho fault of tlm times that stocks of tlio Atlantic arid Groat Western, tho Erie, nnd tho How Tork, Boston and Montreal railroad compa nion, and othors of tho sort, aro not good kcouritioH. Nor can tho times bo held responsible for the doolino in tho price of cotton. Advances on oottou, or traiiHuet iohn iu B, which, to adopt a term from Wall street, liato proved ‘‘had lnisimsH," should ho credited to errors of judgment on the part of those who made them, and not tlm fault of tho country at large. If thero are similar special reasona for other failures, they, of eottrse, will ensuo; hut it is nob a fair inference that tlio suspension of Dun- dan, Bhorman A. Company shown any general underlying reason lor tho down fall of other buukieg-hotiHeB. What ever failures may occur by roason of losses on account of this suspension are susceptible of calculation, Tito house had a largo number of wealthy deposit ors who uover put all their eggs into one basket, aud who cau not be serious ly distressed by tlm failure of ono of tlieir bankers. It also bad others on a smaller scale, who will be embarrassed if they are to lose a considerable part of what!they have on deposit. Travel ers holding the letters of orodit of tho house will bo ineonvenioneed and troubled, but their troubles are not of tho kind which causo morcantilo suspensions, The house, wo are told, had outstanding a comparative ly small amount of tin nocop tod hills, estimated at from £50,000 to £75,000. Assuming t he larger amount to be cor rect, it will probably bo distributed among from a dozen to twenty bttyi of bills, uml certainly no ono of tin ought to be forced to suspend on count of bis loss. With tho south tho connections of 41m house wero oxbon sivo, and it is estimated, perhaps incor rectly, that tho larger part of tlio losses in this country will fall thero. Tltoro may be no consequent failures south, but it is possible that thero will bo. Tim banks horo, wo uro assured, will lose nothing which can mako any appreciable difference with them. It is possible that tho losses to Enropo, whero it is understood that tho larger part of the debt of the Arm is hold, may cause trouble, but wo have seen within a mouth losses incurred aud sustained there which by the side of the total liabilities horo make tho failure of Duncan, Bhorman Si Co, look small. It is understood that tlio Union hank of London and Baring Bros, wore both protected. The house had scarcely any connection with stock exchange inter ests, and was as free of the speculations which center there as if its regular aud main business hud been iu shipping or cotton mumifueturcs. Properly understood, therefore, this failure ought not to be alurming, und it cqu bo made so only by misrepresenta tions. It is duo to the house to say that there has been no suspension for yours which has brought out more sincere expressions of sympathy and regret. —There are forty-one American firms who are getting rich by making better ".imported ” liquors und wine than can bo made in Europe, I'lt of tlio heart, ■sit uf tlic Mill l<> tin* tri'i's, hiiiik of tlu> wmil to tin' ItoxvriH, ixiK tlm* iho heart sinus low to it *nlf Will rule r forth o your ncliluit llmml. im an m vain Uml you Irv, For Iho spirit of -m<iik lias Ur ho iil((liiliiKixt.' hIuk* no inoro Wlion Iho hoautiful It H<> lot hI'oiii'o mill) full On Iho lirnlm il hoarl'* qiilvorliiK »lrlnu«; 'primp* from tho lots of nil you limy harn V itnnul niul t'lorliuiH pHttlio Tlail vxlll tmotile, iiikI tiro, Ami ll I your liroant ullti IIn ur.itoful re Amt I s SIIERMAN AND DAVIS. rhf A *mUi"nofl,y (hr Stmiil - A III iii ■/ .11 oral General Bragg wuh in tlio city days during tho post week. He re ferred, in the course of a conversation, to the recent assort ion of Gonoral Hlior- man that Im had suspected Mr. JcflVr- sou Davis of complicity with tho as sassins of Mr. Abraham JLlnoolu. Gen eral Bragg said that lm had seen Mr. Davis tested in cases of tin’s sort, and while two efforts wero made by hired iiFBUsaina in 18(11 to destroy Mr. Davis’ life im never manifested tho least signs of lOBontful fooling. It was in June, 1804, that Mr. Davis, when riding along tho defences of lliolunoitd, was tired at, tho bullets passing very near hiH person. Once afterward lm wan shot at wlmil iu tlio outskirts of Richmond. But wo propose to settlo this question finally. Dahlgroti’n raid will not soon be for gotten. Col. Dnhlgreii’H address, as written and signed by him, was memo rized and spoken or read to his follow, era. They wero dlHgtiiBcd as spies, and were captured an spies inside of the confederate lines. They name, as slatod- to murder Mr. Davis. Wlion they were captured and this paper was found on Iho person of this man, Dahl^ron, Mr. FACTS AND FANCIES. Who was tho old Fronohrann who Hcldoin driuik water boonse it has so tiiHtcil of shiners sinoo tho flood ? —A Pennsylvania man captured a rnt- tlo snake and sot about tonohiug it some tricks, lie was on tho high road to buo- oohh wlion they had to bury him. - Tho sultan has 800 wives, nnd de votes to his own and their use £'2,000,- 000 out of tho £7,000,(KM) that eousti- tutoH tlio whole income of tho Turkish empire. —Naturalists liavo dooidod that no hen can lay over six hundred eggs. Therefore, when you liavo ehookod off to that llguro you can sell her for a spring chicken. —Geologists have diHoovorod that tho ground of Southern Indiana, Kontucky and TonnosBon is slowly rising at tlm rate of about a foot every twenty-four years. -Hinco tight dresses am worn tlio street ear conductor cau toll just how many ho can got on a seat, and how many he can't. Ho don’t say "sliovo up" any more. —Tlm Maryland democrats held tlieir state convention in Baltimore on Wed nesday. Ex-Honator Hamilton is said to be the favorito candidnto for tho nomi nation for governor, though Govoruor Groonm has many adherents. —At Vinoonnos,Franco,recently,during tho murriogo ooromouy tho brido s tooth fell out, whioli so frightened tho brido- groom, a worthy tnilor, that lm made tlm sign of the cross, rushed off like nn arrow, and lias not since boon heard of. - -New Orleans line a haunted coll. Three suicides having occurred in it, and Hovcral other prisoners liavo beou prevented in tho very not; and wlion questioned about it, Urn answer invari ably i« : "A woman in white bado mo do It." —Idleuoss iH a disc nse that must bo combatted ; but I will n >t advise a rigid adherence to a particular plan of study. 1 myself, have never persisted in any plan for two days together. A man ought to road just us inclination lendfl him, for what ho reads hh a task will do him littlo good .—Johnson. —It is tho divine attribute of tlio im agination that it Is irrepressible, unoou- finable ; that when tlio real world is shut out, it onn oreato a world for itself, and, with a lieoromatlo powor, can eon jure up glorious shapes aud forms, and cabinet and his military stuff con curred iu declaring that the prisoners should be executed in accordance with the Iiiwh of war. President Davis, utter ading tlm paper and finding that lie ofipoolally was designed to be nssussi- listed by bahlgrcn, peremptorily forbade other treatment than that accorded to prinonors of war. |(len. Bragg pro- rvod photograph copies of Col, Dulil- gren’s orders|. If Mr. Davis were oapnblo of enormities which Gun. Hlicr- man would escribe to his intervention he would never hafo husituted to punish with death the disguised followers of Dahlgren. And would it not bo well for Gen. HhorrnaM to roniembor that Mr. Davis at all timo intervened in ho- lmlf of tho condemned? It was tho complaint of ninny confederate leadors that nobody could ho executed who ap pealed to tlm president for pardon. Jto spared Harrison Bolf, tho bridge burner of i'iiist TofincBseo, mid oaoli unionist \$ho booarao n spy rather than soldier, and was captured within tho confederate Hues. Of nil men Mr. Davis’ personal virtues and oliaruoldr have boon most grievously misrepresented nnd misun derstood by northern people; oven as Lincoln's ollaraoter and spirit wero at first misapprehended throughout tho nonib. Mr. Davis differed from Mr. Lincoln ill fcfiMfc—both IvuntuoUians and both roared in tlio in'ld«t of tho same moral atmoaphoro—- Davis elabor ately odiioated, and taught and ri lined iu all the schools ; whilo Lincoln's gen erosity, noltlior greater nor purer than .. that <it Mr, Davis’, was more couspiou- poor players in Athens. Tlio ago mado because of Ills personal rudeness, „| RU when Bhukspeure, its noblest ■ * •* i wmimulL brilliant visions to mako solitude popu lous, and irradiate tho gloom of n dttu- goon,— Wnuhlnf/ton Irving, —Incredulity is not wisdom, but the worst kind of folly. It ia folly, because it causes iguoranoo and mistuko, wttli all tlm consequents of thoflo ; and it is very bad, as boing nouompaniod with diulngouuity, obstiimoy, rudeness, un- ohuritable'llOHH, and tbo liko bad disposi tions, from which orodnlity itHolf, tho other extreme sort of folly, in oxompt.—- Harrow, _nuir iH tlio uioHt dollonlo Hint ln»t- jlii/ uf our umturinlH, luid uurvivoH uh likolovu. It in no light, BO Routlo, bo oBBiifiioR from tlio iilou of tlontli, tout u look of liuir boloURing to u oluld or friuiul, wo niny ulmoBt look up to liouvcm uml corarmro iioIob with tho »n- roIIo nature, mid may almost Buy, I nave a ploqc of tlioo hero, not uuwortby of thy boing now."—Leigh Hunt, —Few footprints of tho great remain in the rmml before tlm overflowing tide. Long ogo it washed out Homer s. Cu riosity follows him in vnin ; prM°o and AhIii perplex us wilh a rival Htrotford. tipon-AVcro. Tho rank of Aristophanes is only oonjooturod from his gift to two ‘ ■ a.I..it.M r IMm acre mi with which his womauly traits were strong ooutrast. Qcn. Bhorman is n man of fordo nnd genius nnd a skillful Warrior; his boIUbiiuchh, and thus his vanity, in liiu most significant foible, often degenerating into an unpardonable Occupying ids position ho Imd no right to ascribe u degree of criminality to Mr. Davis Which could only he sup posed just to Die extent that partisans, north and south, traduced Mr. David ill ofder to make the cause ho espoused odious. Gen. Hhcrmun, if morally a great man, which ho is not; because his vioes of intellect arc great, should hnvo considered tlio facts before pronouncing au opinion, as diBgraooful to Bhorman us designed to bo ruinous to Mr. Davis’ per- innl fume. Austin lexah Staten- Tiik Would ih Moving.—Gambetta and Jtoiiher aro universally imkuowl edged in Franoo to be tho two chief antagonists for power. The first is the bead of tlm republican, and tho second of tho imperial party. Buffet and M«o- Mahoii are tho men of straw, politically sneaking, whose short hour of rule x .* I ... .... .. I i.uf T,. till ll’.ifl leaf. In all Euro- in the United Htutcn, thero aro but two real, live parties. In England, republicanism i« contending with feudal uristoornoy, and in Franco against autocratic tyranny, represented by tho Napoleonio ornpiro. In Gar- many and Italy, muinly proocounied with tlieir newly acquired national iu- depemleuco, thero exist in an aethro state only tho party of unionists nnd tlm abettors of tho old toriitorial divi sions, headed by tho dispossessed princes und Borne; in Austria und Russia, it is tho party ol progress aguinst th i party of old ideas, And so on with tho minor and insignifi cant continontal countries. Tho world is moving, and straw men aro becoming of less account. destined to fudo penti e mntrics, Tire Drouth in tiif. South. — Reports of heat and drouth multiply. Tim corn crop, und oven tho cotton crop, in en dangered by tlm hot, ruinlesH duys. From Florida, from Columbus, from Augusta, und from points between, comes the cry for rain. But of all tlio stories of Imt weather Um following, from the Columbus Enquirer, in tlm hardest to believe : "In a lagoon near Shorter’s depot, on tho western railroad of Alabama, it is reported ou rcliublo authority that tho wutor has become no heated by tlio sun’s rays that I lie fish aro dying. Homo fifteen bushels of trout — some weighing two pounds porch, " black fish,’’ wore floating on tho sur face on Monday. A short time ago a party muddled these waters, and cautrkt some three hundred pounds of fish in a son, passed away.— WMmott, —At Atlanta, last autumn, a negro built n coop, six feet by seven, into which ho put a dozen partridgos, the ground boing first oovored with grass. During tlio wintor they thrived, in tlio spring they mated, laid eggf, batched out several broods of young, and tho near,> now Iibb iilranl sixty yotuiR pur- IrillROB, nil <l»i»K well. They nm InlRO, healthy, nnd seem to be contented. — President MnoMnhon has just par- donoil Huron (l'Ivr.T, condemned two uro to llirno years imprisonment. ,s n OUHU Hint would never Imyu p, trial in this country. He would liecn politely bowed out by tho coroner, no wan sliootinR ,Iiiism nnd killod a native .ccldcnlallv. lie has thuH been in pnoon two ycare to Icurii not to play ducks nnd drakes with the Japanoso. —As tho atroam gradually wears tlio channel deeper In which it runs, and thus becomes more surely bound to it« accustomed course, so tho currents of tbo heart and mind grow more restricted to the course iu which habit has taught them to flow. These intellectual and moral habit* form many peculiarities of character, aud chiefly distinguish on individual from another. They aro, therefore, of tho utmost importance.— ,S. (/. f/oodriah, -Thero i» in Ilia Fronoh political world a man of oousidcrablo importance, but who is not 1 remarkable for quickness of thought or perception. Hw yonng son has just rcoovorod from tlio tvpuoiu fever. Tho family physician did not conceal tho serious nature of tlio hoy s illno»H. "Oh, yes,” said the father, 1 understand that. When I was a child, I had the tynhoid fever nnd tlm ilootor said to my parents, it is very sertouH. They either die of it, or become idiots. Well, yon see, I am not dead. —Old Hwiuford churchyard, Worces tershire, in England, was the soono of an extraordinary affair a few days since. More than a thousand people assembled, in anticipation of a funeral, which, it was rumored, would uot pass off quietly, opposition being offered to the inter ment of an inu-kooner’B wife in a fumtly vault. This had boon opened, but it was found bricked up again, and at the last moment an ordinary grave was dug. XVliuu His fuuural arrive,1, lourt enua of “ upon tho vault I” sroBO, uml man Hut to work to remove tlm musunry, thu mourners wnitluR the menu. Iho op- p,musts of llm P; 0 " 10 ?!''* greatly outnumbered that thoy did not resist, und a body of polico wero present to keep the peaco. Tho vault being opened, tho coffin was lowerod, and very short time,— Atlanta Constitution,) a ipud itful triumphant oheer arose.