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JAB. G. BAILIE, )
IRANCIS COGIlli, Proprietors
GEO. T. JACKSON J
Address all Letters to
H. C. STEVENSON, Manager.
Wednesday Morning, Sept. 1, 1875.
Sergeant Bates has declared his inten
tion to offer his services to the Sultan to
aid in suppressing the insurrection in Her
zegovina. Let 11s hope that his offer will
be accepted and that he will be set to car
rying the crescent instead of the starry
banner. A flag with even a part of a moon
on it is the proper thing for such a lunatic
to tote.- [Philadelphia Times.
By our special from Sandersville it will
bo seen tint the Grand Jury yesterday
found true bills against Cordy Harris,
Prince Rivers, Joe Morris and other
leaders in the late effort to incite insurrec
tion. The balance of the day was taken up
by Akekuan, who entered a demurer and
made a speech, and Attorney General Ham
mond in answer. Judge Johnson over
ruled the motion, and the trial proceeds to
day.
The suicide of a quiet farmer is some
thing remarkable and rarely h ard of; yet
we publish the details of one this morning
in the Georgia news column. It takes, we
thought, the glittering, false, fickle and
gay life of a city, with its hopes and mis
fortunes, its deceit and realization, to craze
the human brain and uplift the hand of the
suicide. In the country the mind should
be too much at rest to be disturbed to the
extent of derangement. In tho case in
question it was caused by disease.
Turkey claims that she is about to de
tach Montenegro from the rebellion by
making concessions of territory. If this
is true it will be regretted by the Christian
world, for with the assistance of that pro
vince Herzegovinia had a good chance to
drive out the Mahommedan and achieve
independence. It may whip the Turks sin
gle handed, however. Montenegro is los
ing a line opportunity to rid herself of the
most worthless set of vagabonds on earth,
who have loided it over that country for
hundreds of years.
The financial news this morning is bad
enough. Four or five additional failures
for great and small amounts are reported,
it is difficult indeed to tell when this crisis
widen!. The people of the South are no
more interested than spectators. Their
c >tton crop is just beginning to move to
market, and as it is controlled and paid for
by England, they are independent of the
North. Tho situation of that people is
simply desperate, and getting worse and
worse every day. We refer the reader to
almost the whole body of the paper for the
details, for the events transpiring are so
momentous we give them in full.
The direct cable has caused a deal of,
trouble; more, indeed, than any one ever
attempted to be laid, except the first. The
Farraday, which was laying it. several
months ago, and lost it, has again grappled
the eastern end, and was yesterday tele
graphing to London from on board ship
and in mid ocean. We hope it will soon
successfully bring the line ashore. This
will make the fourth line under the ocean
from shore to shore between Europe and
America. It is hard, even now, to realize
that our readers can this morning peruse
trie events which took place up to twelve
o’clock last night in Constantinople. But
such is the fact.
J edge Hersuhel V. Johnson’s charge to
the Washington county grand jury, which
we printed yesterday, was just such a mas
terly and conservative legal document as
might have been expected from that great
man. He told the jurors that they must
divest themselves of all passion and
prejudice and look alone at the law and the
facts. It is evident—it is all over the face
of this grand document—that this good
man has naught but pity for the deluded
creatures who have been seduced into this
foolish businesShe first idea of a man
of sense, who understands the position of
the two races in Georgia, upon reading the
details of this fiasco, would be that the ne
gro who attempted is was more fool than
knave. We take it that Judge Johnson,
1 ike almost every other good man in Geor
gia, only wishes to punish them to the ex
tent of driving insurrectionary measures
out of their thick head sand nothing more.
Our Cotton Year closed yesterday. As
will be seen by statements on our fourth
page, Augusta received 179,291 bales,
against 200,017 bales last year, a falling
off in our receipts of 20,716. This, how
ever, must not be attributed to any decline
of the commerce of our city, but as will be
seen, so soon as tiie statistics are made up,
to the falling off of the general crop We
have received our full quota from every
section ever covered by our trade. We have
handled almost one-twentieth of the entire
crop of the United States. We have on hand
90S bales, having sold 178,383. Estimating
the wortli of each bale at $57.20, wo have
disbursed here to tho planters during the
year $10,608,000. This is indeed a sum
of money sufficient within itself to defray
the expenses of an Empire of one hundred
and fifty years ago. In view of this mag
nificent sum of money set afloat here every
year, it is incomprehensible that wo should
know or feel hard times. But cotton is
only one, though of course, the main item
of our exports. We manufacture and send
away at least $500,000 worth of cotton
goods per annum from the mills in and ad
jacent to the city, and in Hour, fruit, to
bacco, cigars, etc., at least that much
more. The gross revenue of the city may
be stated at at least $12,000,000 for the
year ending iast night. Our ligures are
nastily nude an l without reference to ac
curate data.
WtNDELL Phillips’ letter ou the cur
rency question, which we publish this
morning, is a regular bomb charg
ed into the Republican camp. He fairly
riddles the hard money men and demon
strates, as Gov. Allen lias pithily declared,
that anything like immediate specie re
sumpiiou is a “ barren ideality.” He shows
tiie fallacy of the specie basis, and draws
proof from many sources that a contraction
of tiie currency at this or any approximate
time, would whelm the country in ruin.
When Mr. Phillips breaks loose from his
craze on the subject of negro equality, he
is aluminous and powerful thinker. Ho
has the sagacity to perceive that the Ohio
Democracy are sounding the true key
note of the political situation, and his
effort, like that of Benj. F. Butler,
is to, if possible, take the wind out of their
sails. Of Mr. Phillips and his letter, the
New York Herald says: “It is very plain
that Mr. Phillips has taken the trouble
to read, and had, of course, the ability to
understand, the best writers on finance.
The skill with which he evades the general
ly accepted conclusions of these writers is
something as amusing as it is wonderful;
and the ability with which he touches the
weak and blundering parts of our present
financial system shows that the advocacy
of sound currency have in him an antago
nist who will force them to do what very
many of them have not yet done—under
stand thoroughly their own side of the
question.” Of course the Heratl, being a
hard-money organ, has to say something
to break the force of Mr. Phillips’ argu
ment, but it utterly fails to controvert a
single point he maintains, with all the
force of hi i extraordinary acumen and
jnastery of language.
Slje 2tttC|Msta Constitufioniilist.
Established 1799.
THE INSURRECTION.
True Bills Against Corday Harris,
Prince Rivers, Joe Morris and
Others—A Formal Arraignment—
Akermau Demurs and is Overruled.
[Special to tho Constitutionalist.l
Sandersville, Ga., via Tenniij.e, j
August 31, 1875. )
The grand jury found a true bill
against Cordy Harris,'Prince Rivers,
Joseph Morris, Jerry Walters, Asa Gil
more aud Neil Houston, for attempt to
incite insurrection. Judge Johnson re
quired a formal arraignment, aud the
full requirements of law in this respect
were observed. Amos T. Akermau,
who said he appeared for Corday Har
ris, demurred to the indictment in a
long speech, in which ho saicl the ne
groes had a full right to form military
organizations, even if oath bound, if
they desired. Attorney General Ham
mond replied, and the demurrer was
overruled. Trials open to-merrow.
Tyrone.
A NEGRO RIOT IN LAURENS
COUNTY.
The Sheriff Resisted, an Attempt upon
liis Life, and two Negroes Killed—A
Mob of One Hundred Negroes Massed
in the Vicinity—More Trouble Antici
pated.
[Special-to the Constitutionalist.]
Cochran, Ga., August 31, 1875.
Yesterday morning a squad of ne
groes resisted the Sheriff’s posse of
Laurens county, about eighteen miles
from this place, known as the Rocky
Creek Section. The negroes would not
listen to the reasoning of tho Sheriff,
and when he went in reach of one to
arrest him, tho negro placed a gun
against the Sheriff’s breast and bursted
two caps which cost him his life and
one of his comrades and the wounding
of another. This morning by nine
o'clock the negroes had massed in the
vicinity in arms to the number of one
hundred and upwards with consider
able threats what would be done to
night. So reported here by one of the
Sheriff’s posse who came here for am
munition.
FROM WASHINGTON.
The Columbia Typographical Union
Washington, August 31. —The Colum
bia Typographical Union have sus
pended at their request down-town
printers for six mouths, to form a
Union of their own, and in the mean
time make any arrangements they
please with their employers. By this
action the Government printers cease
to have a voice in the affairs of private
workmen.
Capital Notes.
Washington, August 31.—Thacher,
Commissioner of Patents, lias resigned.
R. H. Duell, of New York, will probably
succeed. The authority for tie em
ploymeut of special clerks to revenue
supervisors is revoked. The Treasury
Department reconsidered its determina
tion regarding the transfer of gold to
the Pacific coast. Fifty thousand is
transferred to San Francisco for the
benefit of the bank in Oregon. Treas
urer New says no further transfers can
be made. Hereafter guagers’ fees will
be computed upon each day’s work :
First ten gallons, 10 cents; next, 25
cents; next, 101 cents ; next 200)4
cents; next, 500 1-5 cents; all over
1,030 gallons per day, one-twelfth of a
cent. On all spirits withdrawn from
warehouse, fees to be ono-fifth of one
per cent per gallon.
DECISION OF TIIE POSTMASTER
GENERAL.
Democratic Papers as Dirty Dump
Carts.
Washington, August 31.—The Post
master General has addressed the fol
lowing letter to the proprietors of the
Maine Standard, in answer to their
complaint that the paper had been
tampered with in the mails :
Gentlemen :—Your favor of the 28th
inst. is at hand, and noted. You state
that tiie Maine Standard, addressed to
regular subscribers, has been opened
in Post Offices and Republican cam
paign documents folded inside and de
livered to subscribers, and ask if such
conduct is to be tolerated by
this Department. In reply, I have to
say that such action is in direct viola
tion of the rules of the department of
decency and of the proprieties of offi
cial position. If you will present to
this department tho proof that any of
ficer or employe has been guilty of the
offense charged, he shall be at once
dismissed the service ; and I hereby
request you to do so in order that im
mediate action may be taken.
(Signed) Very respectfully yours,
Marshall Jewell.
Minor Telegrams.
Chicago, August 31. — The stone cut
ters struck for three dollars a day. A
few small firms that have contracts ac
ceded.
Troy, August 31. — The attendance at
the amateur regatta was very large.
Tho four-oared crews were between the
Atalantas aud Mutuals, of Albany, and
the Friendships, of New York. Dis
tance, one mile aud a half. Atalantas
won by a length; Mutuals second, and
Friendships five lengths iu the rear.
Time, 8:22)4-
New York, August 31.—Among
the passengers for Europe by Cu
nard steamer Scythia to-day were
Drs. J. A. Adrian, of Indiana, aud E. C.
Howard, of this city. They were
chosen by the United States National
Medical Association which met in Lou
isville in May last as delegates to the
International Medical Congress, wiiich
meets in Brussels, Belgium, September
19.
THE COTTON SITUATION.
Review of the Week.
New York, August 31. —To-day is the
last cf the cotton year. The following
is a comparative cotton statement for
the four days ending to-day: Net re
ceipts at all United States ports, 4,315;
same week last year, 3,230; total to
date, 3,473,034; to same date last year,
3,763,814; exports, 3,010; same week
last year, 5,380; total to date, 2,060,201;
to same date last year, 2,811,424; 3tock
at all United States ports, 71,722; same
time last year, 106,789.
THE'TURF.
Boston Races.
Boston, August 31.—Sleepy George
won the 85,000 purse aud pacing cham
pionship. Fastest heat, 2:21.
AUGUSTA. C4A.., |VED]SrESDA.Y, SEPTEMBER 1, 1870.
THE HARD MONEY CRISIS.
More Canadian Failures.
Montreal, August 31.—D. P. Brown,
broker, has assigned. M. H. Seymour
has suspended. * Liabilities, 8200,000.
Funeral of fm. C. Ralston.
San Francisco, August 31.—Ralston’s
funeral was most imposing. Calvary
Church was surrounded by twenty
thousand persons, who were unable to
gain admittance. The ceremonies at
the cemetery were conducted according
to Odd Fellows’ rites.
Failure of Lee & Slieplierd.
New York, August 31. —The liabilities
of Lee & Shepherd, of Boston, are
8350,000. They are expected to pay 50
cents on the dollar. Lee, Shepherd &
Dillingham, of New York, is a sepa
rate concern, except that Lee & Shep
herd own two-thirds interest. Dilling
ham has made an assignment. The
liabilities of the New York house are
8150,000.
Failure of the Market Company, of
Paterson, N. J.
Washington, August 31.—The Mar
ket Company, of Paterson, N. J., has
been enjoined from doing further busi
ness. Liabilities, 8250,000.
The Cala Bank in Trouble.
Judge Brady granted an attachment
agaiust the property of tho Cala Bank
in this State. The suit of James D.
Harper and James H. Goldby brought
on the bill of exchange drawn by the
defendants on the Oriental Bank, of
London, for 815,000, which was pro
tested.
Failure of Another Canadian Firm.
Toronto, Ont., August 31.—Robert
Griffith & Cos., wholesale grocers, have
made an assignment.
Failure of the American Note Trust
Company of New Haven.
Norwich, Conn., August 31. —Insur-
ance Commissioner Stedmau appeared
before Chief Justice Park to give bonds
before taking the assets of the Ameri
can Note Trust Company of New Haven
into his hands to-morrow, but was
served with a temporary injunctiou
from Judge Beardsley, of the Superior
Court, prohibiting him from further
proceedings, and no hearing was had.
Sharon “Moving Heaven and Earth”
to Resume.
San Francisco, August 31. —Mr. Sha
ron says of tiie California Bauk : “We
are moving heaven and earth to re
open.” It is possible, and not improb
able, that the bank will resume.
The California Financial Situation.
San Francisco, August 31.—The
financial situation developed no new
features this morning. The National
Gold Bank and Trust Company and
Merchants Exchange Bank remain
closed. The election to-morrow be
gins to engross a large share of public
attention, which is heightened by con
tradictory reports believed to have
political significance as to the condition
of the Bank of California aud the
prospects of its resuming.
An English Failure.
London, August 31.—Henry Druitt &
Cos. failed for 8100,000.
Failure of A. Castle & Cos.
New York, August 31.—Leopold
Baumbirger, assignee of Samuel A.
Cistle & Cos., filed a schedule of tiie
company’s affairs to-day, showing
debts 8197,954; assets 829,817.
Three to Three and a Half Million of
Assets Missing.
San Francisco, August 31.—1n con
nection with recent rumors concerning
the affairs of tiie Bank of California
respecting over issue stock, the disap
pearance of securities aud other fraud
ulent proceedings. This much is known
positively—that from three to three
and a half millions of the assets of the
bank have been very recently ab
stracted without the knowledge of the
Directors. How this has been
done is not known at present. The
Directors are still busy examining
the state of affairs, but it, is not known
when their report will be ready. No
new facts developed concerning the
resumption of the bank. California by
same statement is regarded as an elec
tioneering job, though among business
men there seems to be considerable dis
position to believe it, and some more
hopeful express confidence that it will
reopen in a few days. No intimation
of the condition of the bank is given
by the directors. It is impossible at
present to speculate with any assurance
of correctness.
Rumored Failure of Burling Bros,
for Two Millions.
A rumor has prevailed during this
p. m., which may have gone east, that
Burling Bros., one of the most promi
nent firms of stock brokers, have fail
ed for two million dollars. Inquiry
fails to confirm the report. It is true
that the firm is affected to the amount
of about half a million by the suspen
sion of the Bank of California, but it is
believed they are able to stand it. It
is stated on good authority that Mr.
Sharon will back them up if any aid is
needed.
THE DIRECT CABLE.
The Faraday Picks Up One End.
London, August 31.—The steamer
Faraday has recovered tho end of the
Eastern portion of the direct cable,
and is now in telegraphic communica
tion with London, but she has not yet
succeeded in finding the western sec
tion of the cable, and reports that un
favorable weather retards operations.
FROM CHINA.
Assault ou an American Engineer.
Shanghai, August 31.—Mr. Hender
son, Chief Engineer in the maritime
custom service, and a lighthouse keep
er on Chautung promontory, with their
Chinese employees, have been attacked
and beaten by neighboring villagers.
It is alleged that the outrage was insti
gated by a mandarin whom Mr. Hen
derson visited.
ARMY OF THE CUMBERLAND.
Reunion at Utica.
Utica, N. Y., August 31.— The Com
mittee of Arrangements for the Army
of the Cumberland Reunion, at Utica,
has received word that Generals Grant,
Sherman, Sheridan, Hooker, Custer,
Coburn, Murry of Kentucky, and many
others will be present.
LARGE FIRE IN BROOKLYN.
Baxter, Bell & Cos. Burned Out.
New York, August 31.—Baxter, Bell
& Co.’s white lead works, Brooklyn, and
several adjoining buildings, burned.
Baxter & Bell lose 8143,000, with 862,-
000 insurance; other losses 8100,000.
State officers in Nebraska have no
fees and it takes them an' hour and a
half to answer a civil question.
THE WAR [IN TURKEY
j
Rumored Neutrality of Montenegro.
— 4 —
London, August ;|1. — It is stated that
Turkey has sect:r-<| Montenegro’s neu
trality by certain territorial considera
tions. Twenty-one* thousand Bosnian
Christians have refuged into Austria.
It is rumored tlu|t Prince Milan, of
Servia abdicated. I
Ragusa, August 3J. —The Turks have
thrown one thousand men into Tre
biguo.
A New Serv-an Ministry.
Belgrade, Augus 31.—A new minis
try has been formed. There is reason
to believe it is mfjoly composed of
members of the Y|ung Servia party,
which aims at Serbian independence.
Names to be annout ced to-night.
Tiie War Alar mi in Egypt.
Paris, August 33 — A private letter
from Egypt repor [a great confusion
and excitement theiL in consequence of
military preparatioi? Troops are being
dispatched to the Abyssinian frontier.
At same time the ivhedive expects a
call from the Porte aid in suppress
ing the Herzegovinian rebellion. All
officers on furlough] and among them
Col. Long, have beet recalled.
Synod of IrislijArclibisliops.
Dublin, August EJU —The Synod of
Irish Archbishops aid Bishops of the
Romon Catholic CLufrch summoned by
Cardinal Cullen, on |ie express author
ity of the Pope, met at Maynooth to
day. Cardinal Cullen presided. The
proceedings were afield witli closed
doors. It is understood that the edu
cation question will be the principal
subject of the delibeßations before the
Synod. J
—-
Six Men t?> Hang.
Little Rock, August 31.—Six men
will be hanged Friday next. They were
sentenced at the last- term of the Fede
ral Court for murdei)
Seizure of a California Whiskey
Home.
San Francisco, August 31. —The li
quor house of Charles Jost & Cos. was
seized with 15,000 gjllons of whiskey.
A RESULT Of|tHE WAR.
The “Equali U” Blight.
[New York lliy Book.]
Nigger equality l]as blighted this
nation to the verge pT death, and we
now see the most stiirtling cases of in
dividual withering fJom touching the
foul thing. Every? nigger-equality
scheme on the eais.h, all over the
planet, from a date |>aek so far as the
movements of the \hnis des Noirs of
France in 1780, wliicLj ended in tho hor
rible St. Domingo mjtssacre in 1798, to
the Abolition move oK England in 1820,
which ended in the rdin of the beauti
ful and prosperous Island of Jamaica,
on and down to the Infamous nigger
equality war in this country, which, at
its opeuing in 1800, liouud the nation
rich, prospering and kiappy, and left it
a political, social anil financial wreck
in 1805—all have proved the blighting
influence of that falsej-ientiment. In the
past decade we have roue down, down,
down, till we find our|elves at this mo
ment at a depth of adversity, which,
considering tho condition we were in
when tiie curse of niuger Republican
ism fastened upon u| in 1800, has no
parallel in tho historyjpf nations on this
great globe. We havL fallen deeper in
national woe in the Jpast fifteen years
than any people call|ug themselves a
sovereignty of intellilence, wealth aud
political power, werefever before hurl
ed; aud how we are Jo extricate our
selves, is a which ordinary
human wisdom seenjs hardly compe
tent to answer. We lire reminded of
the terrible infiuence of nig
ger equality, in the |base of H. W.
Beecher’s publishing louse of Ford &
Cos., who have just fared; there is liter
ally nothing left of |hem. They are
withered as if by a cu'se from Heaven.
They have published ;|ll Beecher’s nig
ger equality issues i:g their miscella
neous garbs, novels, sermons, essays,
his journal, the Christian Union,
and last, but not lei'3t, his “Life of
Christ.” The result If a ten years’
business is thus sumlned up : Liabili
ties, 8240,000 ; asset!*; , (estimated at
880,000, which would? uot bring ten
cents on the dollar), pay 88,000; loss
(through fhe blightingieurse of nigger
ism), 8232,000. If Fjrd & Cos. had
wasted their own capital only in this
wretched business, it Evould not seem
quite so hard, but the flosses fall upon
the outside public, footings of
liabilities and assets Is how so huge a
gulf between them th:i, the blight must
have struck the unfortunate, but blind
house, with tiie sudde mess of a light
ning stroke. So much*for the fruits of
attempted nigger political and social
equality. Beecher ant all liis tribe,
high and low, ricli and* poor, who have
been howling “niggei* equality,” are
now paying the pemlty. The nation
has been ruined by t|ie cry, but most
unfortunately the pemuity is visited on
the just as well as the|uujust.
—
Mr. Ilalstou and tie Directors.
The New York Stal is inclined to
think that Mr. Ratetoufruled the Bank
of California and directed its enor
mous speculations witl| the knowledge
of the directors. Srfys the editor:
They knew, and no dclibt encouraged,
his social extravagance, his stock
gambling temperameiii, his grasping
and ill-regulated fimlncial ambition.
Tho whole Bank of California clique,
t herefore, must share In the downfall
of the bank. Mr. Ralsfon was permit
ted by this party to invest, nominally
in his own name, but n/t at the exclu
sive risk of his private! fortune, what
ever that may have be|n, a million and
three-quarters of mo>ey in the new
Palace Hotel. *
The St. Louis Times lives the follow
ing specimen of the stj/lo of wedding
notices which G. Washington Childs, A.
M., would furnish : |
Take away his little lrftcli-key,
He will need cigars Jo more;
Life is real, life iseanfast,
Fiona this sad ami f jtal hour.
Gone to meet his ifiother-in-law.
“Heat generates molten.” Illustra
tion : A small boy sitting down on a
hot coal. l
He who uses a th|ee-cent stamp
where a two would suilice, does some
thing toward wipiDg ojt the national
debt, and is entitled tj liis country’s
gratitude. I
We are told nothin;? was made in
vain ; but how about] a fashionable
girl ? Is she not maideL vain ?
A contemporary sayslhat fishing in
the Tennessee River |s pretty good
just now. The other day a fisherman
hauled up his wife, whoihad been mis
sing for two weeks, audf be saved tho
8200 reward he had offered for her re
covery. |
A Wisconsin farmer Gills his mules
Facts, they are such stubborn things.
Queen Victoria has 22jgranchildren,
LETTER FROM MARIETTA.
A First Glimpse of the North Geor
gia Town Since 1864—A Prosperous
Community Kenesaw Mountain
War Reminiscences Gallantry of
the Oglethorpes—Major Allen, Geo.
P. Pournelle and Alexander Wilz
lieim—The Days That are No More-
Disgraceful Contrast—A Member of
Congress in the Pulpit.
[Correspondence of the Constitutionalist.]
Marietta, Ga., August 30, 1875.
I arrived in this beautiful little city
on Saturday morning after an all-night
ride from Augusta. This is the first
time that I have seen Marietta since
the Spring of 1864, when I passed
through it on my way to Johnson’s
army at Dalton. There are several
visitors from Augusta here spending
the Summer. Marietta is very prettily
laid off and many of the residences are
quite handsome. The business houses
are mostly ai ranged on four sides of a
square, iu the centre of which is a pleas
ant little park much frequented by all
classes of the citizens. The educational
and religious advantages of the town
are excellent, there being three good
scjhools, and Methodist, Presbyterian,
Baptist and Episcopal Churches. Ma
rietta has two flour mills, a sash and
blind factory aud also one for chairs
and barrels. Tiie new Court House is
a haudsome building and would reflect
credit on even a larger city than Mari
etta. The portions of the town that
were destroyed by Sherman’s army
hs,ve been almost entirely rebuilt. The
general appearance of Marietta is at
tractive, aud I imagine that it is a pleas
ant place in which to spend the Sum
mer. The inhabitants claim for it a
population of nearly ten thousand.
On Saturday afternoon I walked out
to Kenesaw Mountain, three miles
from Marietta. I ascended the moun
tain and walked along the summit of
that portion of it called Little Kene
saw until I reached the line of works
occupied by Mercer’s brigade of Walk
er’s division during the greater part of
June, 1864. I cannot describe the feel
ing which came on me as I stood once
more in the trenches and gazed upon
the valley below, which, when I last be
held it from this same position, was
filled with hostile forces, to the right
and left, as far as the eye could see.
From my point of observation I could
see far in the distance the Allatoona
hills, and between them and Kenesaw
the ridge along which our lines had ex
tended from Dallas and New Hope
Church, in the direction of the railroad.
Before me lay spread out, like a grand
panorama, the country over which, for
nearly two months, the armies of John
ston and Sherman marched and coun
ter-marched and bitterly fought and
struggled with each other, never once
losing their grapple, all their move
ments being attended by bloody en
gagements between parties of eaeli
army and by constant daily skir
mishes,in which the roar of musketry ou
the skirmish line, often accompanied by
the thunder of artillery, would
scarcely be distinguished from the
sound of a general engagement. Now
h,ov changed the scene! On the hill
sides and in the valleys are fields of
corn and cotton, and here and there
may be seen a negro cabin or a farm
er’s house. To my ear are borne the
distant voices of the workmen in the
fields as they halloo to each other, the
shouts of children and the barkitfg of
dogs in pursuit of some timorous hare.
The last time that I stood in these
trenches on Kenesaw Mountain was
the evening of the 26th of June, 1864.
The company of which I was a member
was the largest in our regiment, hav
ing more than sixty men present for
duty—almost double the number of
any other command in the regiment.
That company was the Oglethorpe In
fantry, Cos. A, at that time known as
tho Oglethorpe Artillery, though serv
ing as 'nfautry. On the evening of the
26th of Juno thirty of us were detailed
to go out upon the skirmish line. When
we reached the line of rifle pita wo
found that they were already filled wit h
the skirmishers of our brigade. We
were accordingly posted as a reserve
picket in a little ravine, and told
to make ourselves comfortable for
the night. Early on the morn
ing of the 27th, tho Federal artillery
opened on our lines on the right and
ou the left, and from the batteries on
Kenesaw our cannon replied. Over
our heads, as we lay between the two
armies, passed for two hours the
shrieking shells. Suddenly, from tho
Federal side, the bugles were heard
sounding the charge, and the rattle of
musketry was added to the roar of ar
tillery. Soon the advanced pickets
came running iu, and reported that the
Federal army was advancing iu line of
battle. Tho thirty Oglethorpes lying
in reserve were, in consequence of this
intelligence, ordered back to tlie main
line of battle, and were just about to
move iu that direction when a messen
ger from an officer on the picket lino
reported that the pickets who had come
in had retired before the skirmishers
of tiie Federal line. We were then or
dered to charge and fill up the gap left
in the line of rifle pits. We realized
our danger, but with a shout we rushed
forward, cheered on by the thrilling
“rebel yell” which rose from our lines
on Kenesaw ; and though the rifles of
tiie enemy were dealing destruction in
our ranks, we reached tho pits and
poured in a volley upon tho advancing
roe. Then it was that we saw our
perilous condition. The report made
by the pickets was proven to be
correct, for the Federal army
was advancing in dense array.
For several minutes we fought desper
ately hoping for assistance from our
line of battle. Finally the skirmishers
to the right and left of us were over
powered, some of them being bayonet
ed where they stood. Realizing the
situation some of us attempted to es
cape. About a third of our little baiid
succeeded in reaching the brow of the
hill, where they were met by reinforce
ments from the regiment, and, under
the command of their gallant Major J.
Y. H. Allen, completely checked the ad
vance of the Federate on that part of
tfie line. I was myself headed off and
captured with six others of our com
pany. The remainder of the thirty
who had made the charge were either
killed or wounded. Among the killed
was my friend George P. Pournelle, as
noble a young man as ever offered up
his life in defence of the rights of the
South. Four years afterward to the
very day his wife died in Augusta, Ga.,
and I was one of the pall-bearers at
her funeral.
One of the mortally wounded was a
young man named Alexander Wilz
heim, who had just two days before
come up from Augusta and joined the
army. That evening when the battle
was over a friend of mine, who hap
pened to be in that part of the com
pany which had not gone out upon the
skirmish line, when informed that
George Pournelle and I were among
the missing, hurled his face in his
hands and wept, mourning us as dead.
That friend was George G. Leonhardt,
who was test on the ill-fated Schiller.
As I sat iu the trenches on Kenesaw
last Saturday, the recollection of all
these events camo thronging to my
mind, and filled my heart with sadness.
The last time that I had gazed on
these heights was on the morning of
the 28th of June. I was marched off a
prisoner of war. As I gazed upon them
then, it gave me satisfaction to see that
they were still lined by our troops, and
that Sherman’s grand assault had
proved a complete failure.
Yesterday afternoon I visited the
Federal cemetery in Marietta, iu which
lie buried ten thousand Federal sol
diers, who lost their lives south of the
Etowah. Tiie cemetery is well kept,
and is in striking contrast to the Con
federate cemetery, which, I am sorry to
say, is neglected and overgrown with
weeds.
I attended tfie Methodist Church in
Marietta both in the morning and at
night, and ou each occasion heard a
sermon from Dr. Felton, member of
Congress elect from ibis District. I
leave on- the 8 o’clock train this morn
ing for Cartersville. If I have not
worried your patience, you will hear
from mo again. J. T. Derry. ’
LETTER FROM RUTLEDGE.
Crop Improvement—A Magnificent
Outlook—New Buildiugs—Enterpris
ing Men—Dots.
Rutledge, August 30th, 1875.
Since my last, tho improvement iu
the growing crops has been immense.
The cotton crop in this section is better
than it has been in the recollection of
the oldest inhabitant. It is opening
very fast, and picking will commence
generally in a few days. The corn crop
is heavy. The farmers are generally
done gathering fodder. For tho last
ten days wo have had fine weather for
saving that article. The splendid crop
prospect has put new lifo into business
and other improvements. Mr. R. B.
Ethridge is adding largely to liis dwel
ling, and will build anew storehouse
soon. Mauy other improvements are
going on.
Capt. D. M. Yiniug, one of the livest
business men iu Middle Georgia, has
erected a first-rate grist mill attached
to the engine of his steam gins. It has
been put in operation in such a short
time it seems that it sprang up almost
by some magic power. The first order
for lumber, castings, &c., was made on
July 22, and, with the help of one work
man, in connection with Capt. Vining’s
own services, the mill commenced grind
ing corn on the 15tli of August, making
only twenty-three days in accomplish
ing the whole work.
Capt. V. is going to attach self-feed
ers to his already fine needle gins,
which wiil make his establishment the
most novel and best of its kind in this
portion of the State. Capt. Yiuing is a
natural genius, and whatever he puts
his hands to proves a success. His
fifteen years’ connection with the rail
road did not unfit him for other busi
ness, as it does many, but rather proved
a good field for cultivating his supe
rior natural talents for the mechanical
and brightening his general busi
ness ideas.
There is a move on foot to establish
a first-class weekly paper at Rutledge
iu a short time.
There was a very large rattlesnake
killed near here a few days ago.
LETTER FROM RICHMOND COUN
TY.
Picking Cotton in Earnest—Saving
Fodder—The People in the Country
Still Alarmed Ahout the Insurrec
tion.
[Correspondence of the Constitutionalist.l
Richmond County, Aug. 26,1875.
Tho weather has undergone quite a
change since my last. The rain has
ceased to fall so incessantly, and far
mers have gone to work in earnest—
saving fodder.
Cotton is opening fast, and the fields
present a pretty appearance, aud hands
busily engaged picking the snow-like
flakes.
The excitement incident to the trou
bles in Burke have well nigh subsided.
Only occasionally do we hear of dis
satisfied parties. A report reached us
this evening that a band was in exist
ence in the upper portion of the county
bordering on Sandy Run. It is hoped
the arrest of so many in Burke will
have the desired effect, aud cause the
disbanding of all such organizations,
for a persistence in such a course will
bring inevitable doom upon tiie heads
of the leaders and their misguided fol
lowers. Will endeavor to keep you
posted. Occasionally.
WIT AND WISDOM.
A Kansas preacher puts it ia this
way : “ Will you let a dollar breast-pin
drag you down to perdition ?”
The boy who loves castor oil lives in
lowa. He drinks it by the pint as a
sort of beverage, and liis example is
worth thousands of dollars to the pa
rents of that State.
“Sixteen brothers in a bar-room, all
stepping up to the counter at once and
calling for whiskey straight,” was one
of the notable incidents of the day of
the hanging at Tazewell, Tenu.
The cotton mills at Lowell shut down
for just six minutes when an operator
gets killed, but the stoppage is to oil
up the machinery.
An English woman who sat up as a
clairvoyant iu Japan was lifted into a
cart and galloped around until she was
glad to agree to leave the country.
Bank burglars have had such a poor
show of late that they are downcast
and discouraged, and some of them
talk of studying law in order to get a
living.
Mobile people j udge of a man’s wealth
by the size of the cigar stub he throws
away. If he smokes it down close he
is looked upon as a fellow of no ac
count.
Just at the present time not a single
city in the country is pitching into its
gas company, but long evenings are
not far away. There’s every reason to
be hopeful.
There is a woman living in Lenox
township, 111., the wife of Bailey Blue,
who can outwalk Weston or any other
man. Last week she walked from
Lenox to Swan creek, a distance of ten
miles, in two hours time; carried a
baby seventeen months old, and drove
a cow all the way. If she ain’t a worth
having, then there is no use getting a
walkist.
A chunk of plaster came down during
services in a church at Westfield, New
York, recently. The occurrence was a
subject of general
among the worshipers.
New Series —Vol. 28, No. 24.
THE FINANCIAL CRASH.
NOTES ON THE SITUATION.
Reminiscences of Ralston—The Bank
and the Bonanza—From the Palace
to the Grave—Lessons of the Hour—
The Baltimore Bankrupts.
The Temple and the Genius.
[Cincinnati Gazette. 1
Those who visited San Francisco
formed a lasting impression of the
magnificence of the establishment, and
tlio munificence of its managers. The
banking-house was the finest in the
world. It was built and fitted up with
out regard to cost. JlaFd wood, solid
silver, and marble were used in finish
ing the rooms devoted to banking, and
the furniture corresponded. There was
no veneering, no sham. Everything
was real, and calculated to impress the
beholder with the solidity of the con
cern, its great wealth, and to indicate
inexhaustible resources. Paper money
was not passed over these counters, ex
cept as merchandise. Gold and silver
were the exclusive currency, except
where depositors deposited coin and re
ceived bank drafts in return. The_cler
ical force in the bank was large] well
drilled and well paid. The capital stock
was four millions gold, “all paid up,”
and the deposits eight millions.
The President of this bank of great
splendor and wonderful pretensions, is
Mr. Ralston, an Ohio man. He was
formerly second clerk on an Ohio river
steamboat, and lived, when at home,
at or near Steubenville, Ohio. He em
igrated to California and was one of
the few adventurers who prospered.
He walked up the ladder of wealth and
fame rapidly, and was supposed, re
cently, to be worth fifteen million dol
lars. He considered himself equal to
any undertaking. For a time every
thing he touched paid, and he was bold
and grand as he was lucky.
The bank paid him, in addition to a
large salary, twenty-five thousand a
year for entertaining, and he did enter
tain in a style that was more than
princely. He maintained a magnifi
cent residence twenty-six miles from
San Francisco. Here was a park of
many acres laid off in magnificent
style, lighted with gas manufactured
on the adjacent grounds. The house
corresponded. The Czar of Russia ©r
the Emperor of France in his best days
would hardly have desired anything
better. Then thei’e was an army of
servants, every man in his place-, and
every guest was waited upon from the
time he stepped from his carriage un-.
til he retired, and from his rising in the
morning until he was assisted into his
carriage.
The 'stable contained thirty-six blood
ed horses. The carriage was drawn
by four horses, and the time between
the residence and San Francisco was
two hours. Half way there was a re
lay of horses, and up hill and down the
highest possible speed was maintained.
The living expenses of Mr. Ralston
were supposed to be $150,000 yearly.
The bank, soon after its organization,
invested $150,000 in lands. It also
possessed itself of the California
Wagon Company, so that wagon mak
ing was part of its banking business.
It was in the mining business, of
course, extensively, and besides it
speculated largely in mining stocks.
The President did a great deal, too, on
his own account. It is said that he
was lately cornered at a cost of near
two million dollars.
Mr. Ralston haviug a great bank, a
magnificent residence, several gold
mines, and being one of the great men
of the Pacific Slope, he must also have
a great hotel—so he undertook, in con
nection with Mr. Sharon, the erection
of the Palace Hotel. This was intended
to be the grandest public house in the
world, and it will probably so prove, as
there are more fools in the United
States than there are to be found in all
Europe. Rut before this monument
was completed Mr. Ralston’s troubles
began, and he sold his interest in the
Palace Hotel to Mr. Sharon for $1,700,-
000. This was swallowed up by recent
losses in speculative ventures in min
ing stocks.
A Personal Sketch.
[New York Herald.l
Mr. Ralston was of medium height,
compactly built, with a good breadth
of shoulder, a high, capacious fore
head; thin, firmly-set lips; an oval,
well-shaped face, good features, a steel
grey eye and a great expression of con
centration and an extreme mental ac
tivity. In manner he was curt, gener
ally brief of speech and to the point,
but able upon occasion to state his
views in their fulness with felicity,
strength and nervous vigor of lan
guage. In habit Mr. Ralston exhibited
intense application te business and an
excessive industry. Ho was a brief
sleeper, and during most of his work
ing hours devoted himself to the de
tails of his vast official business—be
sides his considerable private affairs,
which should suffice alone to keep
most men busy—with all his tremen
dous energy. His dispatch of bu
siness was somewhat marvellous,
and the proper belief iu his infallibility
amounted to a superstition. His opin
ion of men, business projects and in
financial matters generally was consid
ered conclusive. His personal power in
the States and Territories of the Pa
cific was great. The influence of the
corporation of which he was chief offi
cer was felt everywhere. Mr. Ralston
in 1858 married a brilliant and accom
plished niece of J. D. Fry, by whom he
had several children. The country
residence of Mr. Ralston was situated
about twenty-two miles south of the
city, in a charming valley known as
“Diablo Canyon.” Much has been said,
from time to time, of the magnificence,
luxury and beauty of Mr. Ralston’s pri
vate residence, located at Diablo Can
yon, which is one of the most beautiful
valleys in California, and as a location
for a country residence is certainly un
equalled on the Continent.
The Coroner’s Inquest.
At the inquest held over the remains
of Ralston, Joseph Dunking, proprietor
of the Neptune Bath House, testified
that Ralston came to take a bath at
half past three ; usually came early
in the morning. My son-in-law served
him ; did not see him enter the water ;
had no conversation with him ; two
young men went with him; shortly ran
in and said something was the matter
with that man; they and my son-in
law went out in a boat, watched for
Ralston to appear at the Piles, but saw
nothing of him; was perspiring freely
when he came to the bath house;
my soD-in-law checked him, but
ho said he would dry himself
and take a powder before going.
Clarence Richardson, son-in-law of
witness, testified that Ralston was
smiling and cheerful when he came to
the bath house; waited op took
charge of his clothes; warned him
against going in when heated; said he
would dry himself and take a powder;
To Advertisers and Subscribers.
ON AND after this date (April 21, 1875.) all
editions of the Constitutionalist will be sent
free of postage.
Advertisements must be paid for when han
ded in, unless otherwise stipulated.
Announcing or suggesting Candidates for
office, 20 cents per lino each insertion.
Money may be remitted at our risk by Express
or Postal Order.
Correspondence invited from all sources
aud valuable special news paid for if used.
Rejected Communications will not be re
turned, and no notice taken of anonymous
letters, or articles written on'both sides.
about fifteen minutes after he went iu
a young man told mo something was
wrong; pushed out in a boat; met an
other boat with the body of Ralston;
Ralston was in the habit of swimming
some distance when he bathed; did not
see him in the water.
Theo. C. Bee testified: Watchman on
the wharf told him a man was drown
ing; body was two or three hundred
feet from the wharf in the water, face
down; head appeared under water; got
Clark, the engineer of the steamer Bul
lion, lying near, to recover the body;
he brought him ashore; did not see him
breathe; used means of restoration;
saw sign of life: sent for Dr. Newmark,
who cpme.
Michael J. Clark, engineer of the
steamer Bullion, testified: Saw the man
in the water squirming as if in a fit;
acted unnaturally; was 200 or 300 feet
distant; went in boat; got him; thought
he was alive when I reached him; fear
ed he would die before reaching the
shore; laid him on his stomach; pulled
for the shore as quick as possible;
noticed no signs of life when I got him
ashore; when I first saw him iu the
water he was struggling and making
for the shore.
Dr. Newmark sworn: Whon he arrived
he found the body on the sand, appar
ently lifeless; could not feel the boating
of the pulse; kept up artificial respira
tion for an hour; appearance of the
body was that of a man who had died
of apoplexy; face livid, eyes glassy,
pupils dilated; a sudden plunge when
overheated would be apt to produce
apoplexy.
A Set Back to California’s Prosperity.
The New York Bulletin says the panic
is simply the result of extravagant
mining speculation by the California
banks, aud adds : At present, wo see
little hope for any other result of this
crisis than a serious set back for the
business of San Francisco and Califor
nia ; for when the banking system is
rotten, what has trade to repose upon?
As to the vast speculative interest that
has been built up there, it is good for
tune for California that it has come to
its death. There will be a fearful de
bris of broken fortunes left behind the
explosion of big bonanzas and the like
fictions ; but those fortunes were rnero
paper creations, or they could not be
so easily ruined ; and there need be no
great concern about losses of that kind.
But the danger is that much sound
trade may suffer from its connection
with the banks ; and more explicit in
formation about the length and breadth
of the panic is therefore anxiously
awaited.
Legitimate Banking.
The New York Herald makes the
California failure an apportunity to
descant upon the carelessness and ig
norance of banking that so frequently
occur now-a-days, and adds: “ Le
gitimate banking is the safest business
in the world, aud the capital of well
managed banks is a security to deposi
tors which hardly ever needs to he
called into active use. Credits given
on legitimate commercial paper can
never involve a cautious bank in loss,
nor can notes of short date with two
responsible signatures. The theory of
sound banking implies that, within pe
riods of GO or 00 days, a bauk can call
in all its loans and meet all its obliga
tions, and when this is really the case,
and depositors can be assured it is the
case, there is no temptation for a sud
den withdrawal of their deposits. But
if a bank locks up its resources in
venturesome speculations the safety or
the depositors depends on the success
of those speculations, and they are im
pelled to make a run on the bank and
unsettle general confidence at the ris
ing of every adverse wind.
A Heavy Blow at Baltimore’s Shipping
Trade.
[Philadelphia Times]
The suspension of the firm of Stir
ling, Ahrens & Cos. was, according to
the dispatches and our Baltimore ex
changes, entirely unexpected, but cau
tious houses in Philadelphia who were
acquainted with its daring operations
were not surprised. One of them yes
terday informed the writer, when he
inquired as to the character of the sus
pended firm, “ Flighty, very flighty.”
The information vouchsafed by the firm
concerning the causes of its'failure is
of the most meagre character, being
confined to the simple statement that
it is the result of a shrinkage of values
iu the imported products. The assets
are locked up in real estate and stock,
while the liabilities were largely iu
loans. None of the Baltimore banks,
however, are heavy losers, aud it
is probable that Brown & Sons are
the only banking houso largely in
volved. The liabilities of tho firm, as
stated by the prominent creditors, are
about $2,500,000, while the assets, it is
believed, will be $300,000 greater. Stir
ling, Ahrens & Cos. are tho owners of
two refineries in Baltimore, one-fourth
owners of the Gallego Mills, in liioh
mond, Va., and likewise owners of val
uable mill property in Baltimore and
at Fell’s Point. The exact condition of
the firm will not be ascertained until
the full meeting of the creditors, who
are in Baltimore, other cities of this
country, and In Cuba and Europe. Its
history is an interesting one, showing,
as it does, the extension of its business
from small beginnings until it reached
enormous proportions. The firm was
formed about 25 years ago, when it tra
ded under the name of Stirling & Ah
rens, and was engaged in shipping and
importing only. Afterward it engaged in
the sugar refining business on a com
paratively limited scale. Next it ab
sorbed the Merchants’ refinery; then
the Maryland, and, lastly, operated tho
Calvert as agents for its owners. Du
ring the same period it also largely en
gaged in the importation of coffee, al
though this branch of its trade had
latterly greatly declined. Its capital is
estimated to have been one million dol
lars, upon which ita aggregate annual
transactions are set down at twenty
million dollars. Its suspension will, of
course, prove a heavy blow to the ship
ping interests of Baltimore. In the
year 1874 it is said to have received the
average of one vessel a day for every
day in the year, the cargoes consisting
of sugar from Cuba and Porto
Rico and other West Indies, aud
coffee from Brazil. In one month of
the same year the firm fitted out twen
ty vessels for the West Indies vvith co
operage stuff, provisions, eto., receiv
ing in return cargoes of saccharine
matter. In all, it employed about one
thousand, and owned eight vessels.
Since the beginning of the year it had,
in round numbers, imported into Balti
more 40,000 hogsheads of molasses
and 50,000 hogsheads of sugar. So
great is the sympathy for the Messrs.
Stirling, Ahrens & Cos. that one ship
ping merchant of Baltimore expresses
his readiness to strike off all the in
debtedness against them on his books,
and calls upon the creditors in his
trade to do tho samo in bohalf of thq
commercial interests of the city.