Newspaper Page Text
The Daily Herald.
TUESDAY. SEPTEMBER 23. 1873.
rHK KIKRALD PUBLI8HWO COMPANY,
ALKX. ST. Cl*AIR-ABRAMS,
II f:\UY W. GRADY.
II. A. ALSTOX,
Editor* and Manager*
THE TERMS of the HERALD are as follow* :
DAILY, 1 Year $10 00 | WEEKLY, 1 Year.. .$2 00
DAILY. 6 Month*... 5 00 I WEEKLY, 6 Month* 1 00
DAILY, 3 Month*... 3 60 I WEEKLY, 8 Month* 60
DAILY, 1 Month.... 1 00 j
Advertisement* inserted *t moderate rat**. Sub
scription* and advertisement* ‘^variably in advance.
Address HERALD PCBLISHING CO..
Drawer 23 Atlanta, Georgia.
Office or. Alabama Street, near Broad.
Mb. T. J. Bdbney is the only authorized
TraYelling Agent of the Hebald.
Our State Exchanges.
Mr. Rowland R. Parramore died at hi* plantation in
Stewart county onTnuraday evening, September 18th (
in the seventy-second year of hi* age. He wm one of
the original stockholder* in the Eagle and Phoenix fac
tory, and waa long and well known throughout thia
section aa a prominent planter and moat exemplary
gentleman and Christian.
The Columbus Enquirer of 8uoday says: “The
steamer Jackson arrived here on Friday night, with
one hundred and thirty-six bales co.toc, from the
lower river. She was compelled to leave much cot
ton ready for shipment to this point, in consequence
of low water. Sho left yesterday forenoon. The river
rose some six inches on the strength of recent rain*
abawe.”
Cap*. 8. J. Whiteside* is in Columbus to superin
tend in person the navigation of the Chattahoochee
river through the low stage of water. Id a few days
he will put the Julia on the lower river aud ply the
Jackson between here and Eufaula. By this plan he j
feels confident of his ability to bring Columbus three :
hundred bales of cotton per week during low water.
The Chronicle k Smtinel is informed that the Hon.
A. H. Stephens, Representative in Congress, has gen-
orously subscribed five hundred dollars towards the
new Catholic College which it is proposed to build in
Georgia. General Robert Toombs, with whom Bishop
Gross is stopping in Washington, Wilkes county, has
promised t> give as much as Mr. Stephens. The
amount necessary to complete the sum required to
build the college is being gradually realized, and there
is no doubt but that the whole of it will be secured at
no distant day. The college will certainly be built.
The first grand annual Schuetzenfest of the Augusta
Schuetzsn Club commences this morning. Great pre-
Alabama News.
8enator Spencer is reported at Decatur, where be
resides.
TrcT i* said to be a place of thrift, enterprise and a
large amount of business.
A child was born in Scottsboro last week with a
luxuriant head of hair and two front teet.
Mr. 8tringfellow. who ia formerly of Montgomery,
and his daughter, Mrs. Jamie Wilson have died of
yellow fever at Shreveport in the last few days.
In 1860 the assessed value of property in Alabama
was upwards of three hundred million of dollars, to
the best of out recollection. Now the assessed value
ia about one hundred and forty millions.
Cotton In Montgomery on Saturday was 18\ cents
for low middlings. Receipts were good by railroad
and wagons. Two bales sold at 17 cents, which were
strict low middlings. The receipts for the past week
have been 940 bales; shipped for the same time, 542
bales; and th* stock on hand Triday night was 1,707
bales. Receipts same week last year were 3,852 bales,
which shows a decrease of 2,912 bales. This is truly
alarmiug, when we couslder that the crop has opened
early, labor is plenty, and the weather good for pick
ing.
In Montgomery, on Friday morning last, the ne
groes became aware of the failure of Jay Cooke k Co.,
and aa many of them had their hard earnings depos
ited in the Montgomery branch of the National Frecd-
men’s Savings Bank, which they supposed was con
nected with Cooke k Co., they commenced a run on
CoL Beecher’s branch, and kept it up all day, until
Saturday noon. When they began to see that the Colo
nel wa« equal to the emergency, and that greenbacks
were still plentiful, and no sign of giving out, they
began to bring back their money and deposit it again-
Professor G. J. Orr, the State School Com
missioner, has jnst announced through a
printed circular that he has ready for the seve
ral counties ot the State, another apportion
ment of their school fund. The total amount
which he holds subject to the draft of the
School Boards is $74,000.00. Mr. Orr very
satisfactorily explains the delay of this last
payment. It is very evident that he has done
the very best he can for the teachers, and that
the unfortunate manner in which they have
been treated is due more to the “iron force of
circumstances” than to any neglect of the
proper officers to do all that lay in their
power. Mr. Orr’s circular is very interest
ing, and we shall, if possible, make room for
It in its entirety.
The President Declines to
Interfere.
“This Is Not My Funeral.”
sums up to two or three hundred dollars, to u to rave
their depositor* from any inconvenience.
Tbe Dime Saving* Bank, on Canal street, is besieged
by a vast throng. About two hundred persons were
inside when the doors were closed and a placard
in the window announced that as many person* a?
wore Inside could be paid off to-day. The Link is
amply able to meet the run, having a million and a
| half on hand in cash. They will aeM five hundred
| thousand dollars* worth of bonds, the proceeds go-
! ing to reinforce the cash for to morrow’s run—they
; not exacting the sixty-day privilege accorded by its by-
; laws. There are ninety thousand depositors with this
I bank.
j The New York Saving* Bank, on Sixth Avenue, has
I had a run on it by one hundred depositors. All their
I checks were promptly cashed.
I The Greenwich Bank had a slight run, which was
Richardson to Continue to rr ““ 1 ’, t ' y T t , „ „ „
| The Bleeker is paying all checks upon presentation.
; A long line of persons were in attendance,
j The Atlantic is paying all checks of $100 and le*9
upon presentation. Checks of greater amounts are
j required to abide by the sixty days by-law.
A dance at the National Hotel every day at General Trade Not Affected.; settling Down.
Buy Bonds.
MACON DEPARTMENT.
H. C. STEVENSON
CITY EDITOR.
MACON, GA.. MONDAY. SEPT. 22. 1873
Oar Office.
The Branch Office of the Hebald is on
Cherry street, over Helfrich’s confectionery
store. Parlies desiring to subscribe for or
advertise in the Herald, will always find
some one in the office to attend to their
wants.
dinner time—Abun-dance !
Hooper-Lay.
PERSONAL.
Will Mr. B. F. George, who is traveling
agent of the Hebald, telegraph his exact
whereabouts to this office at once. There is
an important communication for him.
Pbopbietors Hebald.
THE GOOD TE3IPLAKS.
The Grand Lodge of Good Templars, which
meets in Augusta to-morrow, will hold under
consideration the one important problem that
all Southern Lodges have yet lailed to suc
cessfully grapple, viz : the admission of ne
groes into the white Lodges.
The question was adjourned last year, if
we remember correctly, by a compromise
proposition of the Southern Lodges to allow
| COL. HDOPER POLITELY TELLS US “WHY”—A
GILDED PILL FOB COL. LAY.
Opelika, Ala., September 22, 1873.
To the Editors of the Hebald :
Pardon my troubling you in reference to
the corespoDdence between Col. Lay and my
self. That gentleman has done mo an injus
tice, (unintentionally, I have no doubt,) by
publishing his last letter to me, and omitting
to state the fact that it was immediately up
on my receipt of it returned to him througL
the mail. It was with great regret that I pur
sued this course, and no personal disrespect
was intended to the Colonel; but owing to
the fact that his letter contained expressions
(induced doubtless by the necessary hurry of
his reply) which, by the rules of the Code,
had to be considered discourteous aud inad
missible. I was compelled to return it and
deprive myself of the pleasure of answering it.
I am pleased to be able to clip a copy, which
I place in iny manuscript work entitled,
“Down the River; or, Recollections, &c.”
I remain, very respectfully,
Geo. W. Hooper.
The feeling among all clss3C3 is on9 of gro it relief. |
j No runs on any of the National or State Banks, and
I and the crowds on Wall street are mainly curious !
Grnutin New York—Tlie Biliks Providing Bpcct ,tor«. There is considerable inquiry for stocks !
for Relief. i stocks on the street. Investors, with I
New York, September 21, 1873. ! greenbacks in hand, are seeking purchases, but the ;
General Grant arrived at the Fifth Avenue Hotel at Prohibition of the Stock Exchange precludes all trans- j
five o'clock this evening. ! action- *
No meeting of Jay Cooke’s creditors will he he’d till
full statement has been received from the various !
City Circulation of the Herald.
Hereafter and until the night train is again running
upon the Macon aud Western road the Herald will
arrive at three o'clock in the afternoon and be it
ouce sent by carrier* and newsboys as heretofore
throughout the city. It is hoped that in * few daja
the schedule will be so changed ai to allow th* paper
o g-t here at seven o’clock in the morning.
ACCIDENT
Secretary Richardson is expected here to-morrow |
morning.
Drexel, of the firm of Drexel, Morgan & Co., Honry
Clews and George Opdyko were among those who
called on the President this evening.
Senator Morton is in town, and It is said will be
present at the conference to-morrow. Ho attended
the meeting of bank presidents at the clearing house
ou Friday.
The corridors of tho Fifth Avenue Hotel were again
crowded to excess to-night, and the financial crisis
formed the topic of general conversation.
A slight run on several East Side savings banks is
reported.
President Grant and Secretary Richardson has been
in conference with Vanderbilt and other leading capi
talists, bankers and merchants since noon. No action
reported yet.
LATXn.
branch offices the firm ban throughout the country.
These reports, which are necessarily complicated, are
being prepared with great dispatch. The firm cannot
at present say anything in regard to the duration of
‘he suspension. The Clearing House statement is
sued shows all the bank3 made their clearing satisfac
torily, including the two heretofore reported in doubt.
The total amount of bonds bought at the sul-
Treasury is three and a third millions.
The following are the street quotation*, showing a
falling off: New York Central, 90; Harlem, ICC; Ere,
51: Rock Island, 87; Pauamar, 88.
Important to Jay Cooke’s Correspondents.
New Yo&k, September 22, 1873.
Holders of draits drawn by the undersigned corres
pondents of Jay Cooko & Co. are referred for honor*to
the banks and bankers set opposite their respective
OX THE CENTRAL R. R.
SPECIAL TELEGRAM TO OUR MACON
BUREAU.
negroes to organize separate Lodges of Good
parations have been made for the event, as it is deter- j Templars, under the same constitution and ; qpii
TELEGRAPHIC.
At a late hoar la«t night it was stated in one of tho I Dame5 ' Drafta drawn a 8 ainat money deposited since
clubs that Commodore Vanderbilt had paid into the their suspension will he paid upon presentation.
Union Trust Company during tho day two million dol- j Ja * Cooke " McCullough & Co., London, to Drexel,
lars—tho amount duo by the Lake Shore ltoad; thus | Morgan & Co.; Home Insurance and Banking Company
enabling the Trust Company to resume business Mon- I Galveston, to American Exchange and National UaDk;
I day morniDg. I ^ anter ®’ and Miners’ I!ink, Carteraville, Gi., to Na-
Macon, Ga., Sept. 22, 1872.
The Herald correspondent at Milieu tele
graphs the Macon Bureau, the details of an
awful accident on the Central Railroad.
Heavy rains having fallen, the track was
damaged more or less from 59 mile post to
station 72, or Scarborough. At the latter
place, forty feet of track suddenly washed
away.
On the right hand side a great gully was
washed out, fifteen feet deep. In the dark
ness the down way freight train, with sixteeu
cars, conductor Mildrim, approached the
fated spot, but running cautiotMiy. In an in
stant the CDgine ran from the track into the
washed hole, and was partially buried in the
sand and water. The tender was thrown
mined that the Feat shall be long remembered by vis
itors and home people.
The lower market of Augusta has yielded 'o the city
an income of $5,130 60 the past year.
The recent awfnl railroad accident on the Central
Railroad, happened In this way, as the Chronicle and
Sentinel gave it on Sunday morning: It appears that
the way freight train from Macon for Savannah was
proceeding at its usual rate of speed, under charge of
Mr. J. W. Youngblood, conductor, between Millen
and Scarboro or No. 7, just below, intending to stop
for the night at the latter place, where it was due
7:40. On the engine were Mr. Wm. Story, engineer,
Tom Scott, fireman, and a train hand who got on it at
Millen for the purpose of changing tbe switch at No.
7. All of these parties were white. The train
hand's name we could not learn. When about a mile
and a half from No. 7 the engine ran into a washed
culvert, falling into what is generally a small branch
but which had been swelled by the rain into a raging
torrent. The engine was followed by six cars, which
piled in upon it belter skelter. The engineer, Mr,
Story, and the fireman, Mr. Scott, were scalded to
death by the escaping steam, and yesterday morning
were discovered with their arms fast around tbe dome
of the engine. The seething steam covered the engine,
and the dead bodies of the nnfortunate men were
therefore under water. Tbe train hand could not be
found, bat It was supposed that hi* body was some
where among the ruin*.
Mayor Estes, of Augusta, returned home on Satur
day laat, after an absence of several weeks at the
North. He ai»pears improved in health and altogether
rejuvinated.
The combined cotton cargoes of the steamships San
Salvador, Montgomery and C. W. Lord, which sailed
from Savannah on Saturday, amounted to 3,613 bales.
Tbe Sob Salvador took out the largest quantity—1,614
bales—which were compressed at the Central Press.
A few days ago a lady of Savannah, who bad occasion
to ride upon the Aberdeen line of street cars, made
complaint that one of the conductors not long since
made improper proposal* to her, when she was aione
in the car. The conductor has been suspended and
investigation into the truth of tbe complaint will be
made very soon.
The steamer Lizzie Baker, which reached her wharf
in Savannah, on Saturday last, brought up from
Brunswick the captsin and crew of the Spanish brig
Guanche, which was wrecked on Cumberland Island, on
the evening of the 15th instant, under the following
circumstances: The Guanche, Captain Pedro Revis de
la Freente, sailed from Havaca in ballast on tbe 31st
of August, bound for the Satilla river. The captain
states, that from the very beginning of the voyage he
experienced rough weather, which continually in
creased until within ten day * of his disaster, when
tbe rain fell in torrents, the weather becoming
thick that it was almost impossible to i
any distance ahead. On the morning
of tbe 15th, although uncertain as to his w hereabouts
he believed his vessel to be somewhere in the vicinity,
of Br.mswlck. He therefore ordered a flag to be run
up to tbe masthead in the hope that he would attract
attention and secure assistance from some of the
pilot beats that might be cruising around. But be
states that if he had been in sight under an ordinary
condition of the weather, it was so perfectly dark then
that no one could see him any distance off. About
naif past four o’clock in the afternoon of tbe same
day, the vessel struck and remained fast on what af
terward proved to be Cumberland Island, and not
far from the St. Mary’s lighthouse, thought at the
time he was not aware of the fact. The weather
continued thickening during the day, and
at the time of the wreck perfect darkness prevailed.
The vessel, a few minutes after she struck, turned
over on her beam ends, the captain and crew remain
ing on board about three hour* aftewards, when they
took to their boat*, finding it impossible to save her.
They did cot even succeed in saving their clothing.
They then steered for some point of land, not knowing
where they were. On the morning of the 16th they ar
rived at Brunswick, where they have been ever since,
and were brought to this city by Lizzie Baker, a*
above stated, by the order of tbe Spanish Consol.
Captain Henry B. Kimbrough, a former citizen of
Columbus, and a printer working at hi* trade in New
York, was assassinated on the 16th instant. Though
in a critical condition, it is hoped he will recover.
Columbus np to Saturday night laat had received
3,103 bales against 3,469 same time laat year, showing
a decrease of 1,366 bale*. Prioe* are one-fourth per
oent higher cow than then. On Saturday 293 bales
were received against 129 same day last year.
A note from Mayor Huff, of Macon, elates that,
der the new regime, it hee been determined to allow
any company of ae many member* ** thirty-two to
oompete for the military premium at the coming State
Fair.
Fi*h, oysters and shrimp* wer* received at Colnm
bn* in abundance on Saturday***!.
Commissioner J. I. Griffin, of Columbus, returned
from Europe Beturday last with hi* bride. He was
present at tbe Vienna Exhibition m one of the Com
missioner* from Georgia. He h** wonderfully im
proved in health and spirits.
A prominent shipper 1* confident that Columbus
will receive as much ootton a* last year—58,106 bale*.
The Constitutionalist understands that a firm in
that city has sent on to It* Mew York correspondent
1100,000 to help them out in tbe great financial crisis.
Hon. B. EL Hill, in reply to the Savannah News tbat
he lost $50,000 by following the fashion and being all
cotton mad, says hs endeavored to make his cotton
lands pay for his corn and meat and yield a small ad
ditional return. The result was, according to his own
word, that he lost $50,000 in short order. After his
money was gone he began to reaeon upon the subject
with the results announced in his lste splendid speech
o the farmers.
by-laws and under tbe government of tbe
same regalia; but requiring that they should
remain in separate organizations from the white
Lodges. This plan was temporarily adopted,
and in some instances very successfully
worked. In Rome, for instance, which is the
banner Good Templar city of Georgia, tbe
officers of the white lodges would frequently
attend the colored lodge meetings and en
courage the thick-lipped imbibers by ad
dresses, lectures, and frequently, financial aid.
This seemed well enough, and was certainly
enough concession for the Southern Chapters
to make.
But the Northern order, this year, insist
still farther that the negro shall be admitted
to every lodge upon equal terms of
brotherhood, no matter where that
lodge is situated. Why this infernal
spirit of intolerance is developed we
cannot imagine. It looks as if some political
cabal was using the Good Templars’ organiza
tion to insert tho first social equality wedge
into the sinewy oak of our sturdy Southern
heart.
One thing is certain : the Southern Good
Templars have but one resource left to which
decent self-respect would point, and that is
immediate secession from the Grand Lodge
until this cowardly and brutal demand is re
voked. The admission of the negro into onr
white Lodges would absolutely depopulate the
Order and fill the gutters with released drunk
ards. If this alternative can be avoided only
by secession, the n we are for instant and unqual
ified secession. The Southern Chapters have
made every reasonable concession, and even
suffered the withdrawal of nearly half their
membership, (that immediately organized an
opposition order, admitting negroes under no
circumstances), rather than secede from the
old order.
Bat it seems that John Brown’s friends in- j
sist on a perpetuation of that dispute, which j
they agreed to drop when they turned their 1
backs on the apple tree of Appomatox, and j
they can hardly blame our Good Templars
for starting oat again on that same old road
which once before led them to that apple
tree.
We trust the Grand Lolge will act prompt
ly and fearlessly to-morrow.
Southern and Atlantic T
Line Near Completion.
A HERALD REPORTER INTERVIEWS MR. LUMSDALE,
SUPERINTENDENT OF THIS DIVISION
OF THAT LINE.
legraplt j rities into cash. Evan Government bonds could not
bo disposed of except st an immense loss. By the
action of bank officers yesterday, this difficulty is done
away with. Any bank by depositing in the hands of a
committee good recurities, can obtain an equal amount
of certificates wbiefi can be used in the clearing busi
ness instead of legal tender. This will go into effect
On last night a Hebald reporter was dispatched to j to-morrow,
interview Mr. J. L. Lumsdale, tho gentlemanly Super- Chamberlain denies the rumor circulated yesterday
intendent of the Southern and Atlantic Telegraph { that a million and a half was in the Bank of Common-
Line, and the following is the result: j wealth and Union Trust Company. He says all city
Reporter—I hear the telegraph lino of your com- funds wero in other institutions,
psny is very nearly completed to this city. Can you Dry goods men believe Jay Cooke k Co. will pay the
around on its side, with three freight cars
The general caueo of the suipemiion on the part 0( j tionel Park Bank; Georgia Banking anil Trust Com- j wholly or partially upon top of them. The
banks and bankers was their inability to convert
ready filling the hole, it remained upon the
brink. No other damage to the train was sus-
give me any definite information regarding the com
pletion of the line to this point ?
Mr. Lumsdale—The line to Atlanta will certainly be
finished the latter part of this week. On Monday next
we will give you direct communication to New York
or any point North.
Reporter—Your line, theo, extends all through the
North now ?
Mr. L.—We are operating in tho North in conjunct
t.on with several other companies. We not only have
lines running to every point of Interest in the North,
but our line also penetrates the whole of the West.
We will be enable when we reach here to send a dis
patch anywhere either in the North or West.
Reporter—Where will you locate your office here ?
Mr. L.—We have not yet decided on any permanent
location. We intend establishing a temporary office
in the National Hotel Reading Room.
Reporter—What direction will your builder probably
take alter reaching this point ?
Mr. L.—We will first turn our attention to the
establishment of a line between Atlanta and Macon.
We will enable the people of this section to glvo
direct communication to any point south of Atlanta.
We have aline to New Orleans now, bat not a direct
Reporter—Do you give any press dispatches?
Mr. L.—We furnish the American Associated Press
dispatches. They are generally used North and West,
and have given great satisfaction at some points in
the South.
B.—What is your route here ?
Mr. L.—We come over the Air Line Railroad, and
have a very direct line with New York.
Thanking Mr. L. for the courteous manner in which
he received us and for the information furnished
the reporter withdrew.
General News Items.
Salmon are appealing in the Ohio river.
Y’ale will open with a freshman class of 1G0
Statistics show that over a hundred per
sons die from starvation in London every
year.
pany, Atlanta, Ga
Deposit Savings Institution, Mo
National B:nn.
In Brooklyn.
The Brooklyn bank presidents to-day resolved to | tttined.
sell one million United State securities in case of Going forward, the conductor could
emergency. A majority vere, however, of the opic-j hear NO HUMAN VOICE
ion that there would be no run upon them. about the wreck. It was impcssible to get
The Evening Post says, the day closed with anes- 1 . . -
....... . . .. , , _ near the engine, and those coming to their
tablished improvement in the general feeling. One I . 6
more day with sto.‘k exchange closed will, it is | assistance did not find the the engineer, W in.
thought, put everybody in such condition, sj far as Story until day light. His body was taken
tbe exercise of reason is concerned, that it will be 0 ut from underneath the wreck, where
prudent for the brokers to again begiu business, it was buried in water aud sand. He was
This evening money lent on tho street as high as . , r, ..
,, . , . . . , . . . . evidently drowned. The body of Tom Scott,
percent, that rate having been paid by distress'd J J
his fireman, was found on the foot-board.
last cent of their liabilities.
The tea trade is in a healthy condition, nearly all
that branch of business being done through foreign | brokers,
banks. j President Vail, of the Bank of Commerce, said this j near tbe engine. The train hand, D. Ssott.
Wholesale druggists fear nothing, unlees stress con j evening that confidence had been very greatly im- was discovered
tinues, while sales in other brauches of trade run j proved he thought; the action of the government in j BURIED UNDER A BALE OF COTrON,
several hours later with life extinct. It is
supposed he attempted to jump from the train
along in the same channels. j buying five-twenties had been highly beneficial in j
The following is the result of tho conference at the j loosening greenbacks.
The prefect of Lyons has ordered that the ! banks
bodies of free-thinkers must be buried be- j
foro sunrise. | Grant
Fifth Avenue Hotel, in relation to the best means of
overcoming difficulties resulting from the recent finan
cial disaster. The President positively declines to in
terfere in the matter, as any action of his in the mat
ter would be unconstitutional.
The committee of bankers snd merchants had
come down to a final proposition to the government to
issue thirty millions of legal reserve- Rcvejdy John
son is said to have given his opinion to the effect that
to use legal reserve for this purpose is unconstitu
tional.
Latest—Secretary Richardson opposes placing any
considerable sum of reserve at disposal of New York
banks to use. Richardson’s own words, quoted on au
thority of one of the committee, “this, gentlemen, is
not my funeral.”
Run on the Savings’ Banks—Further Par
ticulars of the Crash.
New York, September 22, 1873.
It is officially announced that Richardson will con
tinue to buy bonds at Saturday’s quotations. Secre
tary Richardson said last night that he did not see he
had the power to do more than buy bonds, and all
five-twenties offered will be bought without delay or
red tape.
“The government,” the Secretary adds, “is not a
trust company, or loan institution, and it is doubtful
whether Congress would sanction any such construc
tion of power.’’ This alludes to using forty million
teserves.
Thirty savings banks have resolved to rigidly enforce 1 day* notice,
the previous notice cause. ’ Ia Philadelphia.
Jersey City had a large amount of money of the Philadelphia, September 22.
Union Trust Company in hand os receiver. ! The run on tbe Savings Badc has subside 1,
The Stock Exchange remains closed to-day. A j Ihere , va8 . mucU bctt „ fee!iDg on lbe 8trtcU t0 .
| mc « Ba S a from the clearing house says every check j Jay- with , h8 stock Board flim-Pennsvlvan'ae ho’d-
paseed through charing will be paid. He ears the ! inR ground at 19 lo 50
YVhat the New York Express Says.
The Express says, after all, but one bank has sus
pended and two Trust Company offices. The savings
banks, both bore and at Washington, as it turns out,
wero much more scared than hurt, and, indeed, half
the panic has been scare. It is understood that the
loan committee of the clearing houses have issued
a five million loan of certificates and the banks only
required half.that amount in to-day’s business.
The talk on the street to-day is decidedly mo.u
cheerful; every one seems to sustain the action of the
President and Secretary of the Treasury yesterday.
It is generally believed tbat had the President yielded
to the clamor that beset him yesterday be would have
made a grave mistake, and the panic would have been
nationalized instead of being concentrated within
narrow limit*.
In Chicago.
Chicago, September 23,1873.
There is a considerable run upon some of the banks
here to-day, but they are adhering to resolutions
adopted yesterday to fall back on the 30 to 60 day rule,
and ono only paying sums of less than a hundred dol
lars. The largest assemblage appears to be gathered
at the State's Savings Bank, but so fa* the crowed has
been very quiet snd orderly. The latest report, pub
lic and private, from New York, appears to have had
the effect of lessening anxiety.
Chicago, Septtmber 22.
The Sivings Banks give notice of enforcement on 69
d danger, and were never stronger.
Washington, September 22, 1873.
j at Willard's.
and was caught by a tailing bale. The re
maining person®, conductor and another train
hand who were in the cab were not injured.
Coffins were at once sent to the spot, the
bodies put in, carried to Savannah and buried.
All the dead leave families. Story has a wife
and ihree or four children. All belonged in
Savannah.
The wreck was cleared away in twenty-four
hours, and the trains are now running regu
larly.
The Jewish New Year’s Day, was univer
sally observed by the people of that faith
and all their stores and places of busi
ness were closed. Solemn services at the Syn
agogue were conducted by Rabbi L. C. Stein-
heimer, of Atlanta.
The Washington Tiger Rifles and the
State Fair.
I take pleasure in giving the following letter from
Captain Tucker to the public. In reply to a former
article which appeared in tho Herald. The truth is,
I did not see the drill or hear the speech alleged to
have taken*place and delivered; but again reiterate
the former cordial invitation to come to our Fair.
Aud I do assure him and his company that nothing
was farther from my thoughts than “ridicule” of him or
his company, and I hope that the whole company wi!’
consider the notion absurd, and come to the Fair
ntminc contra dicenlci
Hebron, Ga., September 17, 1873.
To the Editors of the Herald;
My attention has been called to what purports to te
a report of a speech made by me, to the “Tiger Rifles"
“The coming race”—The race for Mayor.
The bank statement will be out as usual to-day, and ! etc., which appeared in one of your late Issues, under
will show a gratifying exhibt. j tho ‘‘Macon Column.” The report does not state
. . , A normal condition of finances is rapidly obtaining ! I command no such company as “Tiger Rifles,
The people Of Ontario are trying to secure; Jay Cooke reasserts the security of his London j j n city . Concerning several Sta e banks which | 1,1111 ** ave the honor of commanding a company known
have suspended, it is said that all arc thoroughly sol a
j funds for a statue of Tecumseh by contribu
j lions of one cent each,
HOOPER-LAY.
A “rejoinder” from Col. Geo. W. Hooper
takes a place in onr columns to-day, which,
by the laws of journalism, it is entitled to.
A richer correspondence than the one which
(we hope) this semi-satirical note closes, it
would be hard to find; and if Col. Hooper
ever pnblishes another edition of “Simon
Soggs,” that rare book 'of his uncle’s, (Judge
Jonce Hooper), we advise him to add this
correspondence as an appendix. The easy
levity and sarcastic humor with which he has
conducted hiS part of the correspondence,
when put in opposition to the terrible earn
estness with which Col. Lay prosecutes his
side of it, makes the prettiest picture of
sacred or profane history. One thing we may
be pardoned for suggesting to these estima
ble gentlemen, and that is, that it Is time to
fight We suppose that comparing corres
pondence to actual combat, there is as great
a discrepency in this affair as there ever was
in any on record.
•Coffee Grounds ’’—Brazil plantations.
The First National Bank of Washington,
which suspended last Saturday, was the hon
ored depository from which Ulysses Grant
drew his salary. We are gnawed to the core
with anxions fears that onr beloved President
lost part of his hard-earned wages by this un
fortunate suspension.
Wall street's
Friday.
“goose was cooked” last
MR. JEWETT DeVOTlB.
In tbe difficulty in which this gentleman
has just been engaged, we feel it proper te
•ay, bh a friend and fellow-journalist, that all
onr sympathies, and feelings, are with Mr.
DeVotie. For years we have known him as a
gentleman without reproach, and without
fear; atd as such we still esteem him. He is
t iorougLbred—and tbat means a great deal,
and is a lard thing to wipe out.
Long Branch is going to have a Roman
Catholic church, on ground presented by
John Hoey, a rich expressman.
The Swaneetown Mercury, which has had
an experience of over thirteen years, will sus
pend publication this week.
Providence has twenty-five jewelry manu
facturing shops, employing 2,250 persons,
and doing a business of $6,500,000.
A Bombay Brahim recently died at the
age of 110 years. Boston bramins are over
come by respectability long before that age.
Our England cousins bring down two
birds with one stone. They come here to
lecture to us, and go back to lecture about us.
Notwithstanding the Abyssinian war and
the Geneva award, tho public debt ot England
bas been reduced by $328,722,775 within the
last fifteen years.
The town of Sprague, near Norwich, Conn.,
has grown since 1856 from a population of
125 to 4,000. Its cotton mills now have 1,975
looms, and torn out 56,700 yards of cloth
daily.
Mr. Young, of the Bureau of Statistics, has
got it all down. Only eighteen thousand
Americans went to Europe this year; and onr
foreign obligations, all told, are but $1,000,-
000.
Nebraska's new laws impose fines for pro
fane swearing done by “any person of the age
of fourteen years and upwards.” Children
under fourteen may blaspheme gratuitously
as before.
A party consisting of Joseph Carhart of
Wilbraham, Massachusetts, William A. Har-
land of the Washington Chronicle, and J. W.
Hall of Boston, lately made the ascent of
Mount Washington after ten o’clock at night,
a feat never before attempted, and so perilous
that no guide could ba induced to accompany
the party.
Prof. Agassiz received on his last birthday,
a gift of $100,000 from bis son-in-law, Mr.
Quincy Bbaw, at a little dinner party tbe
latter had arranged for him, snd at the same
time his son gave him a check for $20,000.
Tbe professor promises to devote the whole
to science, and is already looking anxiously
about lor tbe next generous giver.
Tbe old pump at Yale, at whose shrine gen
erations of oollege poets have tuned their
lyres and broken their water-jugs, has gone
the way o f all earth. Tbe well has been filled
up ana its site obliterated.
A New Orleans honmipatbiHl says it isn’t
tbe true Asiatic chohr.i—only a “pern cious tl»*y will take advantago of the thirty days’notice
gastrointestinal eitirrh, a 'nine cholera.” | h*umj iu their by-laws, bat will even then pay oat
house.
In tho course of the morning the President called
at the Treasury Department and had a conference
with Secretary Richardson. The result of it may be
inferred from the fact that subsequently the Secretary
stated to the agent of the New York Associated Press
that the President will do anything within the law,
but in no particular will he go beyond clear legal au
thority. He will maintain the safety of the Treasury
Department and protect the credit of tbe United
States from the influences of goneral financial embar
rassment*.
New York, September 22,1873.
Additional suspensions: Marvin Brothers.
All tbe banks bsve -pulled through except two, the
two settling through the loan committee. All the
savings banks are runned.
The clearing houso loan committee issued two snd
a half millions of government certified checks on one
million of bonds.
Large crowds are waiting to sell.
Montreal aud Europe are buying stocks at shrink
age.
Gold exchange has closed st $1.12. This is estab
lished as tbe basis sf settlement.
The rate of interest fixed for oarrying is 7 per cent.
The sub-Traysury is buying 5-29’s at $1 10 72-100.
The run has commenced on Seaman’s bank. They
pay sums of one hundred snd under. Larger sums
swsit the law’s delays.
The Savings Banks.
When the doors of the Irving Savings Bank, 96 War
ren street, were thrown open this morning, s crowd
of depositors rushed in for their money. The paying
teller set to work snd commenced to satisfy the de
mand. When the majority saw how willingly the
money was being paid out, they became quieted end
left. Up to 2 o'clock, tbe bank hsd paid out about
$10,000, and had received a considerable amount in
deposits. At present the excitement has completely
subsided.
At Broadway Savings Bank, No. 4 Park Place, busi
ness is being transacted aa usual, with little or no
excitement prevailing. The amount paid up to two
o'clock did not exceed $10,000, while a proportional
amount has been received by the Bank. Tbe officials
do not anticipate a run. Shortly after Bowery Sav
ings Bank opened its doors this morning, large
numbers of depositors began arriving, and it soon
became evident that there waa going to be a ran. The
trustees met and decide! to pay *11 demands, as they
did not believe the run would lost. Ono of the trus
tees stated that nsarly all of the depositors who wer*
drawing out their mousy were those having small
accounts. The trustees asy that they have got $120,.
000 iu Ooveruniont bonds, snd about $200,000 in Nrw
York, sud $100,coo Iu Brooklyn, which they could
d aw on immedi tely. However, if the run lasts.
tbe “Saffold Guards,” composed of as good mater.-
ent, but have experienced some annoyance from the j a *’ evcr y respect, as there is in the respectable
scarcity of currency. They ascribe the trouble to tbe ; coun *y Washington.
refusal of tbe national banks to accept their checks, ! I said nothing about going to tho Macoa lair “io
thus throwing them upon their own resources. Seve- | contend for premiums, copperas breeches," etc. But
r»l expected to resume to-morrow. j “y remarks were intended to stimulate my command
Another Suspension. J to contend for the premium offered by the Washington
County Agricultural Society, and a special premium
by a private individual, for the best drilled company
uspension.
Pittsburg, Seplembe* 22. j
James T. Brady A Co., brokers, and the Security!
Trust Co.,|of this city, suspended tc-day.
In England.
London, September 22, 1873—5 p. m. I
Much anxiety is manifested on all sides to hear fur
ther news from New York. Jay Cooke, McCulloch A |
Co. continue to paycash in the* usual manner ever i
their counter.
Among the rumjti current in the Stock Exchange is
one that the Bank of Eugland holds $30,000 of Jay
Cooke & Co.’s acceptance*, and the Rothschilds have
$100,000 of the same paper,
London, September 22—5:30 p, m.
A di patch, announcing the closing of the New York
Gol 1. wchange, bos just been bulletined. This news
is ,«t d as an indication of the gravity of the finan
cial u..uatiou.
A gloss gold fish globe, filled with water
set fire to the sleeve of a lady's dress in New
Haven, the other day by concentrating the
rays of the sun. Quite a large hole was
burned before the fire was found.
Bavaria, according to the Vaterl&nd of Mu
nich, lost more heavily by far than any of the
German states in the late war. Where Prus
sia, called the “8word of Germany," lost four
teen Bavaria suffered the loss of nineteen.
The policemen in Louisville stop all per
sons on the street after eleven o’clock at
night, and interview them with regard to their
business.
Borne London milk dealers have been re
cently summoned before a magistrate for add
ing water to milk. Each was fined five pounds
and costs.
The present rate of taxation in England is
said to be equally on all classes—it hardly
presses on the lich and presses hardly on the
poor.
A Chicago newspaper insinuates tbat since
the departure of the pork packers from that
city tbe price of liquors has gene down tre
mendously.
A New Jersey justice said that ihe word
“testimony” had an “r” in it, and tbe lawyer
who disputed him was fined $10 for contempt
of court.
The California Acclimatizing Society have
raised this year forty-nine thousand trout from
ova obtaiuod at tho East, tbe fish now biing
from two to lour inche* iu !<& ,th.
in tne county.
The object of your Reporter was, doubtless, rldi-
icule; but Reporters, in attempting ridicule, ohould
report facts, especially when they were the insignia of
municipal office. Respectfully.
D. H. Tucker.
Captain Saffold Guards.
Collision.
A col.isicu occurred this afternoon between the At
lanta express snd the Southwestern freight train, af
ter the former hsd passed the switch in this city. No
one was hurt and no^materisl damage done. One of the
cow-catchers was demolished, and a tender thrown ofl
the track, which was the extent of the damage.
Courts.
In tbe Mayor's Court to-day, Julia Wilson war fined
ten dollars for fighting.
Cotton Market.
Cotton to-day is drooping, with a downward ten
dency. The receipts were heavy, with sales snd de
mand light. Best grade 16 1 « cents.
Jsjr Cooke & Co.
The crash of Messrs. Jay Cooke A Co., op to this
moment, has failed iu the slightest degree to disturb
the equilibrium of Macon. Money Is easier to-cuy
than U ha* been known to.be for three month*. AU
esy that it is a funeral la which we have no relations.
Mr. Cottington, of Philadelphia, is very
fond of animals, and has his back yard fall
of pete, which live together in “happy &mi-
ly” style. Sarah Cooper, in the employ of
Mr. Cottington, had a little girl three years
old, who was in the habit of playing with Cot
tington’s pete, and spent whole days with her
brute friends in the yard. The other day the
little girl was found dead in the yard, lying
along side of a dead goat, and the other ani
mals were sitting around looking solemn, as
if they knew that something wrong bad hap
pened. There were some pieces of bread
smeared with indigestible poison lying about
the yard. The child and ihe goat had donbt-
lens fallen victims to some revengeful neigh
bors who did not like Mr. Cottiogton's pets.
Borne of the poison was found on the little
girl's lips, and her fingers were twined in the
goat's long hair.
There were shipped from Augusta,
t is seaaou, 239,869 watermelons, agt
,222 la>t year.