The Bainbridge weekly democrat. (Bainbridge, Ga.) 1872-18??, August 12, 1875, Image 1

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Newspaper Page TextI MMHHMMMI The Bainbridge Democrat. JEN- E. RUSSELL, Editor and Proprietor# VOLUME 4. Here Shall the Press the People’s Eights Maintain, Unawed by Influence and Unbribed by Gain.” TEEMS: $2.00 Per Annum. BAINBRIDGE, GEORGIA, THURSDAY, AUGUST 12, 1875. NUMBER 44. timely topics. j^jtarck, doubtless, pricked up his ^ when be beard that the French -•c-mlily bad voted $3,600,000 for „supplemental war expenses.” Tsk gTeat calamity of the time is the which is devastating the whole rt<tfrn country. Such a fall of water , doncthing actually unprecedented. Pjof. John Wish does not believe jyj ponaldson, the balloonist, is dead, jt thicks that he and Greenwood, the J^rtor, have landed in the vast forests 'd'jorthern Canada. In that event it take at least three weeks, to hear t thorn. p New Orlean i Times learns that Inborn gentleman contemplates lo- f|titg there to carry on the grain trade I, a large scale, being confident that §0 increased depth of water at the J otlet of the Mississippi there will be I, chance for a paying business. Rifle-shooting is the mania of the k and the inter-state rifle match, I ,hich is being arranged for October, Ini! doubtlosB be at!ended by repre- I iflfative riflomen from all parts of the I jjantrv. The match will take place at lie hifitorio Creed moor, and bull’s-eyes, fjbjccts of friendly competition be- | tween north, south, east and west, Mrs. JonNsoN, relict of the deoeased rtateamau, lies scrtously ill at the resi dence of her daughter, Mrs. Brown, in Carter county, and is not expected long to survivo the shock occasioned by her husband’s doath. Those cognizant of the deep devotion of this self-forgetting mil retiring wife, will be most alarmed it her prosent illness. Senator JonNsoN leaves a widow two daughters and one son : Mrs. Pat terson, wifo of ex-Senator Patterson, the lady of the White House who re ceived and entertained during her father's administration with such dig nity and graoe ; Mrs. Brown, formerly Mrs. Stover, at whose rosidenoe he died: ad Androw Johnson, Jr., of the Green- tille Intelligencer. It is a melancholy sign of the nniver- | ality with whioh Americans seem to be forsaking farm work, that, oven in a period when the dullness of manufac tures and trade leaves thousands unem ployed, the farmers find it hard to get sufficient help. The complaint is gen eral in all parts of the country that sufficient help cannot bo obtained to handle the crops with. The stockholders of the Augnsta cotton factory have resolved upon the issuance of bonds to the extent of SftXi.OOA. As this concern has hitherto been believed to be the most successful cotton manufacturing establishment in the south, tho fact that it is oompelled to borrow money on so large a scale looks rather d'seouraging for the imme diate future of that industry. • The difficulty of recovering any thing from Bobs Twoed and liia associates may he seen from the faot that, of the 151 vouchers on which warrants were issued, 111 of them have been stolen, and the plaintiff is required to produce the stoli n vouchors and bills attached, and spediy which portion of them is fraud- ^ont. As the bills cannot be repro duced, the dilemma is apparent. The plunderers seem to be safe. Senator Norwood, of Georgia, in his recent address at Emory College, n ude some interesting points. Among ; u ‘ m Were these: “While emanoipa- on diminished our wealth, it increased C3r P°Dtical power. Negroes vote for aen toj not measures, and their 800,000 ^'tes will be added to ours. The negro s gravitating toward us. The people c fhe north will soon rise and demand s surrender of the elective franchise or ionization." -hr last the cotton states are learning Wisdom. The experiment of diversified popping, which the more prudent have or years been urging, has this season u tried with moBt encouraging re- , s - It is a fact that the gulf states Ve grown a surplus of cereals, if the iimates of the papers of those states ln oe trusted. Not only is there an ^preeedented wheat crop, but cotton dure has been prosecuted with a new ogeiico and method, resulting in an 0 j Usna l yr®ld to the acre. Thus instead fe ?° rfga 8 in g the growing ootton crop * to ea t, the planter can this year aei !J ' V k* 3 table mainly from his own •es, while he stores his prime staple ia ti a ' ra ’ fa *l 16 top of the market. This e beginning of independenoe for ,i. 0 8ontb —first diversified agriculture, ^manufactures. the ^ sncce ss of the Cornell crew in op . ara toga regatta has revived the p. . v ® re y 88 to the effect of high « culture on mental training, of c “ ls has drawn out President White, in ’mell, w bo bears strong testimony . gard to the scholarship of the boat- Ba y s: “ The register has meu^f^ 10 me the official state- be^g 0 t ^ ie standing of the mem- U, ° university crew which to Ba 0n tlle race, and I am glad e °hoi a y presents admirable ^ j 8 •P lu tke various departments, *ta.tetn T 1 ' varran hed in making the ®nt that were you to choose out from the university, the chances are two to one that you would not take in as many men who have been as faithful and diligent in their intelletual pur suits at the university.” Thebe is some evidence that the Mor mons are going to make a scapegoat of John D. Lee, and let him be convicted* in the hope that some of the greater lights of Mormondom will escape the punishment whioh they so richly de serve. Brigham Young is strongly suspected of having given the order for the massacre; at least the evidence in the pending trial at Bearer points that way. The prophet’s affidavit has been taken, and he stoutly denies having heard anything abont the Mountain Meadow affair for some months. He stated that tbe reason that he did not take active measures to bring the per petrators of the horribledeed to justice, when he heard of it, was because a new governor had been appointed, and he supposed he would investigate the mat ter. It does not seem at all likely that Brigham heard nothing of the massacre for some months. It is said by the Mormons themselves that he received his share of the^ plunder when it was taken to Salt Lake City. The Panama Star mourns over the faot that the Pacific Mail Steamship company and the Panama Railroad company have raised freight to snch an exorbitant rate that tho banana-pro ducers on the Isthmus will eome to grief, not being able to ship their fruit to New York, except at a considerable loss. When shipments can be made $12,000 per month in American silver is paid to producers. The law is there fore keenly felt, and the selfishness of the transportation companies is evident from the following paragraph in the Star : When the Pacific Mail refused to di vide with the Panama railroad, the Pan ama railroad oompany then charged sufficient freight for the two miles transportation of the bananas to coyer onc-third of the two thousand miles sea transportation. Meanwhile, these two companies contend about the division of freights, the banana merchants are ground between the upper and nether mill-stones, their profits destroyed, their business ruined, and the most important branch of Isthmus exports vanishes. riot m equal number of students The recent death of Lady Franklin brings to mind tho discovery by Capt. McClintook of the fate of Sir. John Franklin. This is the dreary record : «On the 6th of May Lieut. Hobson pitched his tent beside a largo cairn upon Point Victory. Lying among some loose stoneB, which had fallen from the top of this cairn, was found a small tin case containing a record, the snbstance of which'was as follows : * This cairn was built by the Franklin expedition npon the assumed site of Sir James Ross’ pillar, which had not been found. The Erebus and Terror spent their first winter at Beechy Island, after having ascended Wellington Channel to latitude 77 deg. north, and returned by the west side of Cornwallis Island. On the 12th of September, 1846, they were beset by the ioe. Sir John Franklin died on the 11th of June, 1847. On the 23d of April, 1848, the ships were abandoned five leagues to the north-northwest of Point Victory, and the servivors, 105 m number, landed here under the rywrnnnnd of Oapt. Crozier.’” There has been but little said of one feature of the relics of the Franklin ex pedition. The discovery of human bones in kettles did not permit observers to avoid the conclusion that the starving men hod cooked and eaten deceased oomradee. _ Executive Order on the Death of the Ex-President. The following executive order has teen issued: “ Washington, July 31, 1875.—It be- oomes the painful duty of the President to announce to the people of the United States the death of Andrew Johnson, the last survivor of his honored pre decessors, whioh occurred in Carter county, East Tennessee, at an early hour this morning. The solemnity of the oocasion which called him to the presidency, with the varied nature and length of ms pnblio services, will cause }iim to be long remembered, and occa sion mourning for the death of a dis tinguished public servant As a mark of respect for the memory of the de ceased, it is ordered that the executive mansion and the several departments of the government at Washington be draped in mourning until the close of tbe day designated for his funeral, and that all public business be suspended on that day. It is further ordered that the war and navy departments cause suitable honors to be paid on the oo- oasion to the memory of the illustrious dead. U. S. Grant. By order of the President. John L Cadwaladbb, Acting Secretary of State. Elections of the Year. —Elections occur this year in the following order : Kentucky ----■ -Monday, August 2 California Wednesday, September 1 Arkansas Monday, September 6 Maine Monday, September 13 r ow . ” Tuesday, October 12 Ohio . !... Tuesday, October 12 Virginia Tuesday, November 2 ; Tuesday, November 2 Maryland Tuesday, November 2 Massachusetts Tuesday, November 2 Mississippi Tuesday, November 2 Minnesota Tuesday, November 2 Missouri Tuesdav, November 2 Ne^Yerk. . . . Tuesd.y, November 2 New Jersey Tuesday, November 2 Pennsylvania Tuesday, November 2 .....Tuesday, December 7 WHEN THE SOHO’S GONE OUT 0? TOUR HR. “ When the songto gone out of your life, you can’t start another while It’s a-ringlng ln your ear*, but it i beat to bare a bit of silence, end ont o’ tbit may be a pealmM eome by-anO-br.—Edward Garrett. When the sour’s gone cut of your life, That you thought would last to the end,— That first sweet song of the heart, That no after days can lend,— The song of the bird to tbe treee, The song of the wind to tbe flowers, Tbe song that the heart slugs low to itself When It wakes ln life's morning hours: ‘You can start no other song,” - Not oven a tremulous note Will falter forth on the empty air, It dies in your aching throat. It is all in vain that you trv, For tbe spirit of song has fled— The nightingale sings no more to the rose When the beautiful flower is dead. Bo let stance softly fall On the bruised heart’s quivering Btrlngs; Perhaps from the loee of aU you may learn Tbe song that the seraph sings; A grand and glorious psalm That will tremble, and rise, and thrill, And All yonr breast with its grateful rest, And lte lonely yearnings still. ANDREW JOHNSON’S DEATH. Particulars of His Last Illness and Hoio He Hied. Knoxvil'e Chronicle, Aug. 1. Learning of the death of Ex-President Johnson, a Chronicle reporter was at once dispatched to Greenville when he gathered the following interesting facts: We learn that he has been complain ing for weeks, and especially with a pain in the right side of his head, and his right eye has been affected. When at home he generally wore a small blister over his right eye, and only when away from home, or in company, did he re move it. Dr. Marion Maloney has been pre scribing for him lately, and only a few weeks ago he underwent a thorough ex amination. He has been suffering more or less ever since the close of the last session of oongress with weakness, and a few weeks ago complained that he had suffered more from heat this summer than any previous summer in his life. Seeing a young man with a white linen ooat on, he remarked that he believed ho would have to wear a linen coat in the future, as the black cloth coat was too warm for him this year, and at once did send to Knoxville for the ooat. On Tuesday night some friends were at his house, and he remarked that he felt right unwell, and feared that he would have a restless night, whioh would interfere with his intended trip to his daughter’s, Mrs. Brown’s honse, in Carter county. His son Frank urged him not to go if he did not feel better next morning. Nothing occurred during the night worthy of note, and the next morning he prepared for the journey, although still feeling weak. His son Frank again urged that he had better not undertake the journey, but he insisted, and started on the morning train at abont six o’clock. Arriving at Carter’s depot, he at once started across to his daughter’s, about eight miles from Carter’s depot, on horsebaok, riding in the hot sun, which was very oppressive at the time, and reaching the house he expressed himself as very much exhausted. His wife bad gone to her daughter’s, Mrs. Brown’s, in Carter County, some six weeks ago, and Mrs. Senator Patter son, his other daughter, as well as his son Frank, followed on Thursday, after the news of Mr. Johnson’s illness reached this place. We called at his office and found his private desk just as he had left it. On the table were piles of letters, which had been carefully sorted and plaoed to suit his convenience. The book “Lincoln and Seward,” by Gideon Welles, was also lying on the table, where he had been reading it. We learn that he had been reading this book considerably of late. Also a num ber of exchanges were lying on the table. He always planned everything on that table, as before stated, to suit his own convenience, and if anyone touohed anything during his absence he oould tell in a moment. Hence every- thing was left jost as he had arranged it. He worked very hard of late, carrying ©n an extensive correspondence, receiv ing more than the usual amount of let ter mail from prominent men through out the United States, concerning gov ernment affairs, and with the mail that arrived at the same time we did, we noticed letters addressed to “Hon. Andrew Johnson. ” He generally worked every night in his office from 7:30 to 9:31 when he retired, and always rose early in the morning. From Dr. Maloney we learn that he bad been attending him for some time for general debility and a broken con stitution, and he says that Mr. Johnson, nos long sinoe, remarked that he did not expect to live much longer, and that his constitution was broken down, hav ing been an active man all his life. The doctor says that the senator did not show any paralytic symptoms whatever, and the likelihood of anything of the kind occurring did not enter his mind. After arriving, as above stated, at the residence of his daughter, he partook of dinner, which he seemed to enjoy, and about 4 o’clock in the evening he was sitting in an arm chair leaning forward, with his forehead resting on his hands, when he suddenly fell forward, and being raised up by members of the family, it was found that his left side was paralyzed, and that he was speech less and unconscious. Dr. Jobe, of Elizabethton, was at once sent for and as soon as possible Drs. Broyles and Taylor from Grteneville. Shortly after the stroke he recovered consciousness, and remained conscious until Friday evening at 7 o’clock. On Thursday afternoon he had some use of hia left side again and spoke freely, but not as a dying man. He conversed of family matters, and matters of state, with considerable free dom, and did not seem to apprehend any danger. In fact, did neither act nor talk like a man on his death bed. The 1agt sign of cmicionsnesswas given by him late Friday afternoon, when some one asked one of the attendants if one of his arms had not been broken, to which the attendant replied that he believed the left arm had been broken in a railroad accident, south, when the senator quietly raised his tight arm, and witheut speaking, signified that this was the injured limb. Soon after this he became unconscious again, ana thus remained until the hour of his death, which occurred about 2:80 a m. Saturday morning. His dying bed was surrounded by hia vile, two daughters, ■on Frank, three grand-children, Dra. Broyles and Taylor, ot Greensville: Dr. Jobe, of Elizabethton, and probably a few others not connected with the family. OOTTON MANUFACTURE. The World's Markets Overstocked With Goods— Prices and the cost affro&udum Must Comte Down. New York PaMhi, Jflljr 28. We presume Derate wll dispute that the world’s markrtf alTi overstocked with ootton goods. This is notoriously the case at hom^ Mr oily exceptions being a few favadfS frifeniffl, the de- tilings exists in the Manchester traded the over-flooding of the great Asiatic markets having been one of the causes of the important failures that recently occurred in England; and if further evidenoe were needed it is found in the faot that only this week thirty mills dosed at Oldham rather than continue production at its present costs. It is not difficult to account for this condition of the cotton trade. In the United States, Germany and in Aus tria, and partially also in Franoe, trade has for many months been severely de pressed and labor only partly employed; and the purchasing ability of consumers of ootton goods has been proportion ately diminished. A large proportion DUUIU of the production of cotton goods i^Khe war always consume! by a class who have suffered most severely by this condition of things, tne working masses; a fact whioh very directly affects the demands? So long as the demand was artificially supported by the large shipments made to the Asiatic markets for the purpose of keeping afloat huge insolvent firms, this contraction in the consumption of the working millions of the European and American populations was pre vented from having its fnll effect on the markets; but now that snch spurious support is withdrawn, nothing can pre vent this reduction of consumption from working out its legitimate effeots on production and prices. Wages and in comes having been reduced to such an extent that there is scarcely a family in Christendom which has not more or less curtailed its consumption of cotton fabrics, and this process of economy be ing still in foroe, it is inevitable that, if the usual quantity of goods is to be consumed it ean be only through so far reducing their price as to bring down this value of the ag gregate production to the diminished purchasing power of consumers. ThiB is as self-evident as the simplest mathe matical proposition. True, there has been a partial decline in ootton goods, whioh is to be regarded as so much con cession to the influences, to jNkfeh we have alluded; but the obviowl excess of production over demand shows that the fall in prices is not snffident to satisfy the necessities of the cadi. 'It is useless to argue that, with the present costs of machinery, labor and raw material, goods cannot be produced for less than they are now selling for; and equally useless to reason that as, during the last fifteen years, the world’s cotton crop has not increased in proportion to tne extension of the markets for cotton goods, prices ought to be higher than they were in 1860; for there is one law which conclusively determines the price of these as of all goods—what consum ers ean afford to pay for them ; and it is clear from the present conditions of the trade that current prices do not conform to this rule. The misfortune, however, is that while present prices are too high, man ufacturers are earning no profit, bat in very many eases lose upon making the goods. Under these efreizmstanoes, what is to be done? For manufacturers to reduce their prices and continue pro ducing at the present cost would be to invite ruin. They might reduce their produofioh and, by making goods rela tively Boaroe, maintain prices;, but every manufacturer knows the difficulty of establishing concerted action for such a purpose. The only safe and business like method of treating the case is to aim directly for the conditions neces sary to cheaper production. The neces sities of the situation call for oheaper labor and cheaper raw material. There can be no prosperous state of the cotton trade, no general employment of ma chinery without these conditions; and it is the true policy for manufacturers to combine and stop work until they have secured these advantages. While we write, the cable informs us that “ at Oldham only six out of one hundred and sixty-two mills belonging to the Employers’ association are working.” This shows that the Lancashire manu facturers are working in harmony and are resolved not to tamper with a situa tion whicn demands prompt and thor ough treatment. They have adopted the ooirse which will most speedily bring affairs to a sound basis; and although their action may exmte ill-feeling among the operatives and may cause some depression at Liverpool, yet it will prove to be the readiest and most wholesome way to reach the indispen sable changes in the conditions of production. It would be fortunate if the New England maufacturers were to combine upon a like coarse. To deal with the question timidly is to prolong the agony and augment the distrust that the pres ent situation creates. If the example of Oldham were followed, a speedy end of the troubles of the ootton trade would be foreseen, and confidence would be restored to at least one of the leading branches of our industry. There can be no really healthy feeling in or any other trade until net only prices but the costs of production have been so far reduced as to produce a general feeling that the lowest point has been toadied; but when that state of has been gained, there will be a common confidence in buying, which is the one thing now wanting to a general revival of trade. Hus requires oour- age on the part of manufacturers ; but if this heroic treatment of the ease be adopted, they will Boon find that they have conquered all their difficulties and ffltVhiirimd the basis for a new era of prosperity. At Vinoennee, France, recently, daring the marriage oeremony the bride’s teeth fell out, which so frightened the bride groom, a worthy tailor, that he made the sign of the cross, rushed off like an snow, and has not since been heard of. SHERMAN AND DAVIS. The Assassination of Lincoln—General Bragg on &o Stand —Alleged Attempts to Assassinate the Confederate President. General Bragg was in the city several days during toe pest week. He re ferred, in toe oourae of a conversation, to toe recent assertion of General Sher man that he had suspected Mr. Jeffer- son Davis of complicity with the cassias of Mr. Abraham Lincoln. Gen eral Bragg said that he had seen Mr. Davis tested in eases of this sort, and while two efforts were made by hired assassins in 1864 to destroy Mr. Davis’ life he never manifested toe least signs of resentful feeling. It was in June, 1864, that Mr. Davis, when riding along the defences of Richmond, was fired at, the ballets passing very near his person. Once afterward he was shot at when in the ontskirts of Richmond. But we propose to settle this question finally. Dahlgren’s raid will not soon be for gotten. Col. Dahlgren’s address, as written and signed by him, was memo rized and spoken or read to his follow, era. They were disguised as spies, and were captured as spies inside of the confederate lines. They came, as stated- to murder Mr. Davis. When they were captured and this paper was found on the person of this man, Dahlgren, Mr. Davis’ cabinet and his military staff con curred in declaring that the prisoners should be executed in accordance with President Davis, alter reading the paper and finding that he especially was designed to be assassi nated by Dahlgren, peremptorily forbade other treatment than that accorded to prisoners of war. [Gen. Bragg pre served photograph copies of Ool. Dahl gren’s orders]. If Mr. Davis were capable of enormities which Gen. Sher man would ascribe to his intervention he would never have hesitated to punish with death the disguised followers of Dahlgren. And would it not be well for Gen. Sherman to remember that Mr. Davis at all time intervened in be half of the condemned? It was the complaint of many confederate leaders that nobody could be executed who ap pealed to the presidentfor pardon. He spared Harrison Self, the bridge burner of East Tennessee, and each unionist who became a spy rather than Boldier, and was captured within the confederate lines. Of all men Mr. Davis’ personal virtues and character have been most grievously misrepresented and misun derstood by northern people; even as Lincoln’s character and spirit were at first misapprehended throughout the south. Mr. Davis differed from Mr. Lincoln in that—both Kentuckians and both reared in the midst of the same moral atmosphere—Davis was elabor ately educated, and taught and refined in all the schools; while’Lincoln’s gen erosity, neither greater nor purer than that of Mr. Davis’, was more conspicu ous because of bis personal rudeness, with which his womanly traits were in strong contrast. Gen. Sherman is a man of force and genius and a skillful warrior ; his selfishness, and thus his vanity* is his most significant foible, often degenerating into an unpardonable vice. Occupying his position he had no right to ascribe a degree of criminality to Mr. Davis which oonld only be sup posed just to the extent that partisans, north and south, traduced Mr. Davis in order to make the cause he esponeed odious. Gen. Sherman, if morally a great man, which he is not, because his vioes of intellect are great, should have considered tne facts before pronouncing an opinion, as disgraceful to Sherman as designed to be ruinous to Mr. Davis’ per sona! fame. Austin lexae States man. A Few Hints for Railroad Travelers. Extra oharges for failures to buy tickets are universally sustained by the courts, but there must be a full oppor tunity to buy afforded by the tioket- seller. Fassengefs must show tickets when asked for. As to “ stopping off,” there is only one decisioh, that of New Jersey, whioh is that a passenger can not “stop off” and resume his jour ney, without the previous assent of the oompany. As to the words “good for this trip or this day only,” the decisions dash. Maine, whioh is the only state regulating the matter by law, makes, by staute, all tickets good for six years. The Massachusetts decision is that the ticket has no validity after the expira tion of the time specified. As to the obligation of the road to-furnish a seat to the passenger, a Missouri decision says: “A passenger who exhibits his ticket need not surrender it until he has been furnished with a seat.” A railroad is not liable for things stolen' out of a passenger’s seat, there being no previous delivery to the company’s servants; for the same reason the oompany is not liable for baggage in the passenger’s own care. Passengers who neglect to look after baggage on arrival at their destination, cannot recover if it is lost without fault of the carrier. Baggage left in station-houses for the passen ger’s convenience, after it has reached its destination oomes under a new class of rights and duties, the baggage-mas ter assuming the position of a “gratui tous bailee,” who only becomes liable in eaaea of gross negligence. Tbe obli gations of the railroad as carrier ceases when it has delivered the baggage to its owner at the place of destination, or when he has had reasonable opportunity of receiving and removing it Many states hold that the price of the ticket covers the traaaportion of a reasonable amount of baggage. It will interest sportsmen to know that they may re cover for the value of dogs when they entrust them to baggage-masters for hire, .because of their exclusion from the passenger cars.—Chicago Inter-Ocean. Delicate Relations Between China ^n> Japan.—The relations of both China and Japan to Russia are delicate. China is developing her military power steadily, and at the same time is mak ing the oonqueat of Formosa in the ooean, and -sending a great army into Turkestan to reoonquer the territory taken by Mussulmans in 1866. Part of this territory has since fallen into the hands of Rossis, and was visited by Eugene Schuyler, the American secre tary of legation at St. Petersburg# The rest will probably be reoevered by China. China and Russia are appa rently on geod terms, and Japan and Russia certainly are, as they have re cently been “swapping sand" with great amicability. Japan has ceded to Russia a portion of the Ssgfaahen Isl and, opposite the mouth of the Amoor river, constituting the oceau-bsrrier that incloses the Ochotzk Sea. Russia surrenders in turn the long chain of Kurile Islands to'Japan. The result is greatly to enhanoe the defensible value of the Russian plant on the Pacific coast of Asia. mrr. Your coey crib is iu tho corner yet; I sit end nlok It, Just m day is deed. You cannot preae again, my vanished pet, Ita pillow, with your drowsy golden heed. You cannot reach plump arms to met my kies, Or dart about w»h rosy, naked feet,' Babbling soft syllable e of this and that— A tiny night-gowned fairy, blithe and sweet. Empty tbe home, where, frolicsome and fair, Your precious presence made so bright a part Empty yonr little crib, your clothes, your chair, But emptiest of all your mother’s heart. The Failure of Duncan, Sherman & Oo. - From the New York Post. The suspension, witheut premonition, of tbe banking house of Donoan, Sher man k Co., whioh for many years had stood high in the estimation of the public, both beoanse of the character of its members and its supposed great wealth, natnrally created astonishment. The pnblio at large were sarpriEed that it shonld have suspended at all; and the few persons who were not wholly unprepared for the event oould not un derstand why it should have occurred at this particular time. According to the published card of the firm, and according to what those agents who are authorized to speak for it, say its real weakness was but recently discovered, and as soon as it was known to the partners, and it was further as certained by'them that new capital, sufficient to pay every debt if demanded, oould not be procured, it was decided that the proper oourse to pursue was to stop payment and go into liquidation. The only other say open to them was to abase the credit of the firm, which was good enough, if properly pressed, to have commanded millions of dollars— and to continue iu business with the chanoe of making profits sufficient to pat the honse again into a solvent con dition. That the honorable coarse, under these oirenmstanoes, was instantly taken, affords no surprise to anybody who knew the members of the firm to be men jealous of their personal honor and good name. Wherein they will be blamed will be in that they managed their business so loosely that they did not know the trne condition of their affairs until after they had drifted to the point where they coaid not be rescued without external help. There is no intimation from those per sons who are beat qualified to speak on the subject that the losses of the firm were of very recent date. On the oon trary, the inference is warranted that the house has been subjected to a series of misfortunes during a series of yean, beginning with unfortunate railroad complications, and ending with mis judged transactions in cotton. If it conld be shown that the firm was driven into suspension by the stress of the times—that is to say, that its em barrassments were caused by the condi tion of trade rather than by its own in dividual errors of judgment, both in re spect to its railroad connections and its transactions in cotton—then there would be reason for suspecting a general un- soundness in the business community, and for expecting more failures from the same general causes. To speak more plainly, it is not the fault of the times that stocks of the Atlantic and Great Western, the Erie, and the New York, Boston and Montreal railroad compa nies, and others of the sort, are not good securities. Nor can the times be ! leld responsible for the decline in the irioe of eotton. Advances on ootton, or transactions in it, which, to adopt a term from Wall street, have proved “bad business,” should be credited to errors of judgment on the part of those who made them, and not the fault of the country at large. If there are similar special reasons for other failures, they, of course, will ensue; but it is not a fair inference that the suspension of Dun can, Sherman k Company shows any general underlying reason for the down fall of other banking-houses. What ever failures may occur by reason of losses en account of this suspension are susceptible of calculation. The house had a large number of wealthy deposit ors who never put all their eggs into one basket, and who can not be serious ly distressed by the failure of one of their bankers. It also had 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 tbe lettera of credit of the house will be inconvenienced and troubled, but their tronbles are not of the kind whioh cause mercantile snspensions. The house, we are told, had outstanding a comparative ly small amount of unaccepted bills, estimated st from £50,000 to ’£75,000. Assuming the larger amount to be cor rect, it will probably be distributed among from a dozen to twenty buyers of bills, and certainly no ene of these ought to be forced to suspend on ac count of his loss. With the south the connections of the house were exten sive, and it is estimated, perhaps incor rectly, that the larger part of the loeses in this country will fall there. There may be no consequent failures in tbe south, but it is posable that there will be. The banks here, we are assured, will lose nothing which ean make any appreciable difference with them. It is possible that the losses to Europe, where it is understood that the larger port of the debt of Hie firm is held, may cause trouble, but we have seen within a month losses incurred and sustained there which by the side of tbe total liabilities here make the failure of Duncan, Sherman k Co, look small. It is understood that the Union bank of London and Baring Bros, were 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 and main business had been in shipping or ootton manufactures. Properly understood, therefore, this failure ought not to be alarming, and it ean be made so only by misrepresenta tions. It is due to tbe house to say that there has been no suspension for years which has .brought out more sineere expressions of sympathy and regret. FACTS AND FANCIES. —Who was Hie old Frenchman who seldom drank water beoase it basso tasted of sinners sinee the flood ? —There are forty-one American firms who are getting rich by making better “ imported ” liquors ana wine won can be made in Eorone. —Nothing qb**' tne terrible scarcity of httsebi —Carl Sofaurz is a hoU among the Hi. linen. In Prussia they believe in suc cessful men, especially in those who jnmp oulof prison and anbirvn fame by dint of energy and intellect. —Geologists have discovered that the ground of Southern Indiana, Kentucky and Tennessee is slowly rising at the rate of about a foot every twenty-four years. —Since tight dresses are worn the street oar oondnotor can tell just how many he can get on a (teat, and bow many he can’t. He don’t say “shove up” any more. —Naturalists have decided that no hen oon lay over six hundred eggs. Therefore, when you have oheoked off to that figure you can sell her for a spring chicken. —There is a row of ten graves in the cemetery at North Egremont containing the bodies of members of the Milliard family, the average of whose ages when they died were over eighty, the oldest being John Milliard, who was 94.— Boston Adv. —An old Colorado miner writes that]all a man needs for a complete summer.out fit in that country is one lasso rope, one rifle, with ammunition, and one sack of salt. Any energetio man can kill or steal whatever else he needs. —In a New York saloon, where some patent mead is dispensed, a bee hive, containing 25,000 bees, who, so the sign says, produce the honey from whioh the mead is made, decorate the windows. The bees are let out every morning for a short time and are fed on molasses and sugar. —A new invention for preventing railway accidents by an improved sys tem of signaling, was exhibited in Lon don several weeks ago to a large num ber of engineers ana inventors. It con sists of an insulated rail beneath the four-foot way by means of which station masters can telegraph to a train while in motion, or one train can communicate with another. —A young lady in Milwaukee undertook to climb a ladder that had been left stand ing against the side cf her father’s house, but before she had gone a quarter of the way up quite a orowd assembled, peroeiving whioh she began st onoe to descend, observing, with mnob feeling : “ Well, now, there ain’t going to be n® free oirens here this afternoon, you bet.” —On the day of the last annual parade of the Dunkirk (N. Y.) fire de partment, 1,000 kegs of beer were absorbed in that town. Next morning a newspaper correspondent saw thirty young person^ some of them not more than eight years old, and none of them more than nineteen stretched along the sidewalks and in the road, sleeping off their debaueh. —Incredulity is not wisdom, bnt the worst Idnd of folly. It is folly, because it causes ignorance and mistake, with all the consequents of these; and it is very bad, as being accompanied with disingenuity, obstinacy, rudeness, un charitableness, and the like bad disposi tions, from which credulity itself, the other extreme sort of folly, is exempt.— Bartow. —Hair is the most delioate and last ing of our materials, and survives us like love. It is so light, so gentle, so escaping from tbe idea of death, that a look of hair belonging to a child or friend, we may almost look up to heaven and compare notes with the an- gelic nature, ana may almost say, “I Slavs a piece of thee here, not unworthy of thy being now"—Leigh Hunt. —President MacMahon has just par doned Baron dlvry, condemned two years ago to three years’ imprisonment. It was a case that would never have come to trial in this country. He would have been politely bowed out by the coroner. He was shooting ducks in Japan and killed a native accidentally. He has thus been in prison two years to learn not to play duoks and drakes with the Japanese. —Few footprints of the great remain# in the sand before the overflowing tide. Long ago it washed out Homer’s. Cu riosity follows him in vain; Greece and Asia perplex us with a rival Stratford- upon-Avon. The rank of Aristophanes is only conjectured from his gift to two poor players in Athens. The age made no sign when Shakspe&re, its noblest son, passed away.— WillmotL Carlyle.—A correspondent of the San Francisco Chronicle, who hu been visit ing Carlyle, writes : “The pictures in our country of Carlyle are not very good ; be has not the wrinkled visage and the thought-weary, almost unhappy, ex pression generally seen in them, but rather the friendly, happy look so apt to characterize the old age of a well- spent life. His (hick head of hair is not entirely whiten?il; his blue eye is bright, but looks worn with use; his form is thin and feeble, and the con tinual trembling of his hand must in terfere greatly, if not entirely, with the use of his pen. Expeeting onr visit, his eyes and whole face lighted np with a smile of welcome as he entered the room, extending both hands in greet ing. His first words, after those of welcome, were of singular beauty and appropriateness. They were a quota tion from his own favorite Osman, in reply to my companion’s congratulation on his apparent good health. ‘Yee, bnt age is dark and Unlovely.* The almost solemn sadness of the tone in which he spoke the words changed to cheerfulness as he immediately added, *But I ought not to complain,’ and then to vivacity os thought and reminisoenos followedeachother in uninterrupted flow It was quite wonderful to reoall how much he bad said in our short visit. He knew that we had oome to see and hear a great man, and he paid us the oompliment of putting as much of him self as possible into oo* hdf hour with him.”

Georgia Historic Newspapers

The Bainbridge weekly democrat. (Bainbridge, Ga.) 1872-18??, August 12, 1875, Image 1