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About Weekly constitutionalist. (Augusta, Ga.) 185?-1877 | View Entire Issue (July 1, 1874)
BY TELEGRAPH. ASSOCIATED PRESS DISPATCHES. CONGRESSIONAL. An Active Saturday Night’s Work- Important Bills Passed. Washington. June 21.—The Senate passed the bill granting the right of way through public lands to construct and maintain a railroad in the States of Alabama and Florida.. The Committae on Public Buildings reported favorably upon the erection of certain buildings in Atlanta. An appropriation of a quarter of a million of dollars was passed, to enable the Secretary of War to carry out the provisions of the act of April 23,1874, for the relief of the persons suffering from the overflow of the lower Missis sippi river, and the joint resolution au thorizing the issue of army rations and clothing to destitute people on the Tombigbee, Warrior and Alabama rivers, to the amount of 8500,000. This is an amendment to the Sundry Civil Appropriation bill. The River and Harbor Appropriation bill was resumed. West, from the Transportation Com mittee, submitted an amendment pro viding for a board of five engineers to be appointed by the President, to make a survey of the mouth of the Missis sippi river, with a view to determine the best method of obtaining and main taining a depth of water sufficient for the purpose of commerce, either by • canal from the said river to the waters I of the Gulf, or by deepening one or j more of the natural outlets of said j river, which was agreed to. Ransom moved an amendment to in crease the appropriation for the im- | provement of Capo Fear river, North j Carolina, from one to two hundred j thousand dollars, which was agreed I to. Windom submitted an amendment to the River and Harbor bill, appropriat ing $200,000 for surveys and estimates for improvements recommended by the Senate Select Committee on Transpor tation, on the four routes indicated in the report of the said committee, and also upon the route from the mouth of the Youghioghony river, to continue the slack water navigation up said river to its head water at the foot of the Alleghany mountains, thence by canal to Cumberland, interesting there the Chesapeak and Ohio Canal, which was agreed to—yeas, 28; nays, 12. Robertson moved an amendment ap propriating SIOO,OOO for the improve ment of the harbor of Charleston, S. C., which was agreed to. Sherman called up the House bill to repeal the act under which the Sanborn contract was awarded. Passed. Spencer, of Alabama, called up the House bill relating to the Circuit Courts of the United States in the State of Ala bama, which was discussed at some length and passed. The Senate thou at 3:30 o’clock Sun day morning adjourned till eleven o’clock on Monday. The committee of conference on the Geneva award distribution bill have not yet been ablo to agree, and the probability is ti at it will go over till the next session, witli many others of I n public character. 'l'ho HcnnttJ Alva twvitl’VAU with ’ amendments recommended by the committee. The House has agreed to the report | of the Conference Committee tn the Genova award bill. Washington June 22. —The House disposed of the Senate amendments to the Sundry Civil Appropriation bill and to the bi'l to amend the Tariff and Revenue laws, and sent them to the Conference Committees. The House went to the business on the Speaker’s table, and then passed the follow tig bills ; To prevent hazing tit tho Naval Academy ; to confirm the ! purchase for the site for Fort Houston, j near Nashville, Tenn., to the Fish Uni versity ; to remove the political disa bilities of R. Morgan and C. L. Steven son, of Virginia, and John Julius Gutl lie. The bill for tho better organiza tion of the United States District Courts in Louisiana was loft on the Speaker’s table. At this hour the Senate is discussing the report of the Conference Commit tee on the Geneva award bill. The Geneva Award bill passed.— There are to he live commissioners, a clerk, a short baud writer and a Gov ernment lawyer. Close of the Session—Adjournment. Washington, June 23. —Postage on newspapers is fixed at two cents a pound. Congress will adjourn at 4 o’clock to day. The conference committee of the two Houses agreed this morning to amend the substitute recommended by the Senate Transportation Committee for the St. Phillip Canal bill as follows : J.UC Com’iiisstqp of Engineers who are to survey the mouth of the river is to consist of three army engineers, three from civil life, aud one from the coast survey. House. —The conference report on the Sundry Civil Appropriation bill was agreed to ; also on the River and Harbor bill; ffiso on the Post Office Appointment lull. The latter fixes the postage on daily aud weekly newspa pers at two cents a pound, aud on magazines, etc., three cents; public documents ten cents a volume, every thing prepaid. A bill to remove the political disa bilities of Robert Fansill aud Marcellus Christian, of Virginia, passed. No im peachment proceedings are likely to be called up. The Senate this morning passed a bill to relieve the political disabilities of E. L. Winder. L. L. Lomax and Geo. E. Pickett, of Virginia ; Richard Tal phon, J. W. Bennett, A. S. Taylor aud G. W. Hollins, of Maryland, and Sar din G. Stone and Joseph Wheeler, of Alabama. The appropriation for the flooded of the Southwest was reduced to $400,000. The Speaker appointed E. R. Hoar, of Massachusetts, and Mitchell, of \\ is eonsin, members of the commission to frame a permanent form of govern ment for the District of Columbia. By unanimous consent the Senate bill removing the political disabilities of James L. Pugh, of Alabama, was on motion of Caldwell, of Alabama, passed. This was the last legislative act of the session. For some time before the hour of final adjournment there was a noisy murmur of leave taking among mem bers, as the hands on the dial of the j clock pointed to six, the Speaker wish ing all members a safe and happy re j tern to their homes and families pro | nounced the first session of the 43d Congress adjourned without a day.— No impeachment. WASHINGTON. The President Travels—Postmaster General Cresswell Resigns. Washington, June 24. —The President, accompanied by Mrs. Grant, will leave ! here to-morrow on a brief trip to West I Virginia. The Cabinet was in session to-day and attended to a large amount of rou tine business. Postmaster General Cresswell, this morning, tendered his resignation, which the President accepted. Flat tering remarks passed between the two in the letters sent and received. It is intimated to-night that the President has tendered the Postmaster Generalship to Congressman Eugene Hale, of Maine. The New Postmaster. Washington, June 25. —Eugene Hale accepts tho General Postmastership, vice Cresswell, resigned. On (lit: Cress well goes as Minister to Austria. Grant at White Sulphur—He Exchan ges Greetings with the Emperor of Brazil. O. D. Madge, special Treasury Agent retired. D. G. Lobdell succeeds. The President is paying a weeks visit to the Virginia mountains. Ho is at White Sulphur to-night, where he will remain two days. Congratulatory messages passed over the cable to-day between the Emperor of Brazil and ours. Grant answers: “To Emperor of Brazil, Rio Janeiro : I congratulate you upon tho telegraphic connection just established between Brazil and the United States. May it prove as close a link in national friendship as in com munication, “ U. S. Grant.” L. K. Bass declines the Assistant Secretaryship of the Treasury. Capt. M. Shaughensey, the newly ap pointed Collector of Internal Revenue, and J. L. Lake, Jr., United States Mar shal, leave for their homes to-morrow. Miscellaneous News. Washington, June 20. —The Post Of fice Department this morning received a telegram, and was also officially in formed by tlie French Minister, of the ratification of the Postal Conventio i between France and the United Stat s by the French Assembly. The French Minister to-day expressed to the Post master General his desire for the Con vention to go into operation the Ist of July, but this cannot bo done, as the Ist of August is fixed for that purpose, and the ratifications have yet to be ex changed. The charge for letters from France to the United States will bo 10 cents for a third of an ounce, and from the United States to France 0 cents £ov Vuvlt an o\»noo \mpu\d lottovo to nay the above rates, with 5 cents ad ditional postage on books, newspapers, samples, etc., is to be hereafter sepa rately arranged by each country. Hale assumes the Postmaster Gene ralship on the Ist of July. Treasurer Spinner lias issued a call upon the National Banks othei than gold banks, requiring them to deposit five per cent, of their circulation in United States notes for the redemption of their circulating not- s, in accord ance with the new Currency act. Bids for supplying official and dead letter envelopes to Postmasters throughout the United States wore opened to-day, witli tho following re sult : George F. Nesbitt & Cos., New York, §25,490 ; Morgan Envelope Com pany, Springfield, Mass., $24,545 ; Geo. H. Reay, New York, §23,095. Mr. Ecay was awarded tho contract, lie being the lowest bidder. The number of envel opes is 11,950,000. Gen. McCook has received his com mission and takes the oath of office as Governor of Colorado. He will reach Denver early in July, to enter upon his duties. Perhaps one of the most important measures passed by Congress for many years is Congressman Morey’s bill, authorizing the President to appoint a Commission of Engineers, composed of three army and two civil engineers, to report at the next session of Congress, through tho President, a plan for the permanent reclamation and redemp tion of the alluvial basin of tlie Missis sippi. Tho board will probably consist of the following officers of the army : Gen. G. K. Warren, United States En gineer ; Gen. H. L. Abbot and Major \V. H. H. Benguard, United States Engineers. The civil engineers are Gov. Paul O. Herbert, of Louisiana, and John Sickle, of Arkansas. The re quirements of the military service may requk e a change of the army engineers, but the appointment of the civil engi neers is fixed. The board Will proba bly meet at Newport for organization. Bristow, of Kentucky. He Goeth Back on a Carriage and Two. Mrs. B. of Kentucky. Washington, June 27.—C01. Bristow, of Kentucky, now Secretary of Treas ury, has refused to accept a pair of horses and carriage which a friend wished to present to him for the use of his wife, who is regarded as the most ladylike and handsome woman out of Kentucky. MASSACHUSETTS. Boston, June 27.—Lieut. Gov. Talbot sent to the House of Representatives a message vetoing the License of Liquor bill. A discussion ensued on the question of passing it over the veto. An attempt was made to cut off the debate by the previous question, but failed. A vote was ordered for Monday, at three o’clock p. m. An advertisement of liquors got into the Christian Union last week, and the editor is looking for the foreman of the office ever sinee. FOREIGN. 1 London—Paris—Rome—Victoria Go ing to Russia—Arrests in Rome- Political Manceuvering in France. London, June 24.—Railway officials ; have orders to arrange for Victoria’s visit. She will arrive in Russia on the ! 14th of September. Paris, June 24. — De Gouk.rVs condi tion is hopeless. Rome, June 24.—Several persons have been arrested for participation in the Papal demonstrations Sunday and sen j tenced to short imprisonment. I The vigorous efforts made by Bona- I partists to influence public opinion and turn it to their own account causes ! much uneasiness. The party is organ izing committees in every department, establishing newspaper organs, aud distributing political documents and petitions urging the restoration of the , empire. It is probable the Assembly will suc cessively reject all constitutional bills. Republicans manifest joy overthe pros pect, believing that dissolution will be the inevitable result. Conservatives fhvor either postponement of bills until Winter if none of them can be adopted now or intervention of President Mac- Mahon by means of a message, holding the Assembly responsible for failure to j organize the powers of the, j A Variety of News from England— France. Spain and Germany-Threat ened War between Turkey And Per sia. London, June 24.—Sir Battle Frere has resigned the Presidency of tho Royal Geographical Society! and Gen. Sir Henry C. Rowlinson has been elect ed his successor. A special dispatch to the Times says the Carl is u General Lisarrago is dead. Madrid, June 24.—A band of Carlists made an attadlc upon Bellmunt. in Tor ragona. yesterday, and the garrison, to avoid tho burning of the place, sur rendered. The Insurgents made a de mand upon the authorities sot §6,000, and took off several persons, stating that they would hold them as hostages for the payment of the money. They were followed by a force of Republican troops who overtook them and killed 20. |T Paris, June 21.—An order has been issued by tlie Government prohibiting the distribution in France ofijihoto graphs of tlie Prince Imperial. Berlin, Juno 24.—Ten Prussian Bishops are in attendance upon tho Roman Catholic Conference at Fulda. The See’s of Cologne, Posen and Treves are represented by deputies, theßishops of tbo.-.e places being in prison. It appears that the Persian Govern ment has refused to compel the return of a tribe numbering 20,000 families, which has been subject to the Porte, but escaped across the Persian frontier, and that a number of Turks have been seized and maltreated by a band of Persmn pilgrims. The Turkish Gov ernment threatens to force Persia to give up the persons who have abused its subjects, and to surrender the re volting tribe. Unless an accommoda tion is speedily effected, the rgUkvin* of tlie two countries- wh^Ah^-me 2t. about to proceed to mirpose of HyaroUinfl thw i ’ the different States of the ifcaa Union for information to aicKnin in preparing a history of the Consmtution of tlie United States. While in'Wash ington lie will be the guest of President Grant. London, June 24.—At the Summer meeting at Newcast’e-on-Tyne to-day, tlie Northumberland plate was won by Lilly Agnes ; Louise was second and Owton third. There wore twelve start ers. The last betting was seven to fori:, against Lilly Agnes, five to one against Louise, and twenty to one against Owton. The relations between Turkey and Persia a 'e not frierdly. London, June 24. —In the House of Commons to-day, Plimsall’s bill requir ing an official survey of merchant ships before sailing was rejected. Berlin, June 24. —A navalcourtmar tial has sentenced Capt. Werner to ar rest for liis conduct when in commaud of the German man-of-war in the har bor of Cartagena during tho lutransi gente revolt. Batons ?, June 24.--The Carlists have established three entrenched lines be fore Estella. The innermost line is five leagues from the city. Bismarck—Victoria. London, Juno 25.—Bismarck sum mons the King of Bavairia to remon strate against the separalist tendency of Bavaiian police. If Louis is obdu rate in his conviction, the German roy alties will be called with the view o? dethroning him. Victoria will not visit Russia in Sep tember. -j Paris, June 25.— Figaro, La France and Le Soir, has been punished for publishing Rochefort’s letter. Paris, June 24. —At tho banquet in commemoration of tho birthday of Gen. Hoche, Gambetta gave the toast to the Republic and made a calm and moderate speech. He urged all togive sincere support to tho Conservative Republican policy which was opposed to Caesarism at home and to adver saries of France abroad. Jules Favre spoke of the frequent victories of the Republican party and declared the whole of franco had become Republi can. Toasts to expresident Thiers were drank with enthusiasm. The Count of Montalivet, who was Minister under Louis Phillippe, has written to Cosimeri Periier, declaring the salvation of France imperatively requires loyal acceptance of the Re public. Anew manifesto from Count de Chambord is expected in a few days. The Government is doing something to cheek the bold proceedings of the Bonapartists. Several members of the committees in departments have been arrested. Pullman Cars in Italy. The French Postal Convention Ratified. Inter national Law. Milan, June 25.—A fifteen year con tract was definitely closed here to-day for putting the Pullman palace cars on all and lines of upper Italy. This covers the great routes of pleas ure travel via the northern lakes. The ! press highly compliments American progress and the Director General, ! Amilham, on his enterprising appre | ciation of the public wants. | Paris, June 25.—The Postal Conven tion between Fi ance and the United j States was ratified by the Assembly to- I day without debate. 1 London, J une 25.—1 tis now stated j that the meeting of the Brussejl’s Con ! gress on international law will take place. Great Britain has apparently waived her objections. The action of France in the matter is still unknown. Disorders in Rome. Rome, June 25.—There was consider able excitement in this city last eve ning in consequence of anti-papal de monstrations. . Several of the leaders of the disorders were arrested and quiet restored. Paris—London, Paris, June 26. —La Liberie says that after the budget has been voted on, President MacMahon will recommend that the Assembly confer upon him the power of finally dissolving it and then adjourn. London, June 26—5 A. M.—A bill for the regulation of public worship has passed the House of Lords. Congratulations—Repudiation in Ha vana-Deplorable Financial Situa tion. London, June 26.—Queen Victoria and the Emperor of Brazil have ex changed congratulatory messages upon the successful laying of the Brazilian cable. New York, June 26.—A letter from Havana, dated 20th inst., says the pros pects are that "a general repudiation of the bills of the Spanish bank will take effect next week. Several cigar manufacturers have notified their customers that after next week they will not receive paper money, but will demand gold and silver, if this should really take place and be come general there would be many failures. Havana, June 26.—An address has i been presented to Captain-General ; Concha, signed by business men of all | branches of trade. It represents that j in view of the frightful condition of financial affairs which threatens the ruin of the country, and menaces tlie a athority of your Excellency, it is the duty of every good Spaniard to come to the aid of the Government with such resources as he can command. Gold to-day is quoted 292, and will undoubtedly reach 1,000 if speedy and supremo efforts are not made :to check the rise. Bates of j foreign exchange, like those of gold, i are also going up indefinitely. This | upward movement, if continued, will j soon bring about genei'al bankruptcy, ! and will make the cost of necessaries | of life so that the people will be unable |to endure its consequences. This de- I plorable state of things would be in calculable. It is the duty of all to try I to prevent it on this account, aud for the above reasons, we ask for the im position of a tax of five per cent, on the riches of the island represented by ! landed property in the city and coun i try, and by commercial and banking institutions and others, to be paid quar terly for two years, beginning with r July Ist, 1874. It is hoped that at the end of this pe riod the war will be conclued, aud there will be no further necessity for extreme measures. The subscribers of the above documents pledge them selves to pay their part of the tax, and anxiously await a decree levying the same and making the necessary pro vision for enforcing its collection. A meeting is to be held to-night at the palace. The Captain General will pre ! side. All heads of the different branches \ of trade are invited to be present and i discuss the financial situation. Article 16, of the law of July 4, 1870, providing for the gradual abolition of ■ j slavery, declares that the Government j | is to indemnify the owners of slaves 1 ! emancipated by law, and for that pur i pose an annual tax is to be imposed on all slaves between the ages of 11 and I 60 years of 25 cents each. Captain-General Concha to-day is sued a decree increasing the tax to 75 i cents jier capita. It is reported that the Government intends to establish ;i penal colony, on the Isle of Pines, under charge of offi cers of tlie army, whither will be sent all traitors, vagrants and incorrigibles. Tlie Pope will Positively Not Leave Rome—Cuban Retaliation. Paris, June 27. — The Budget Com mittee have decided against direct taxation, and favor reducing payments | to the Bank of France. | Rome, June 27.—The Pope to-day re | ceived a deputation from the Roman j nobility. He said that the demonstra j tion on Sunday last was a spontaneous and magnificent act of the people. The ' counter demonstration of Wednesday j was the impious and miserable work of \ the sons of darkness. The Pope added I that he had received a letter urging i him to quit Rome, because his person ! was not safe, but he declared that he I would remain here so long as God per mitted. Bayonne, June 27.—The Carlists re port that they have raised the siege of Filuras, near the French frontier. Gen. Concha’s attack on Estella is hourly expected, Don Carlos directs the de fense in person. New York, June 27. — A recent Ha j vana letter says : It is reported by Cu j bans that a convoy of four hundred j men, together with forty cart loads of ! provisions, havejbeen captured by! the j Cubans in the jurisdiction of Santiago de Cuba. Tne total number of four hundred Spaniards had been shot in retaliation for the shooting of the Cu bian Derarias. It states that the Span ish forces in the field operating against the Cubans number sixty thousand men. Os this thousand are supposed to be guarding the culti vated districts, ten thousand on the sick list and elsewhere, and ten thou sand engaged in active pursuit of the enemy. These ten thousand men it is | said are not sufficient to pursue six j thousand or eight thousand men well acquainted with the country. Fighting in Spain—Buenos Ayres- Grand Duke Nicholas Banished for Life—Berlin. i Madrid, J une 27. —A dispatch from the i scene of operations before Estella says Gen. Concha has executed a successful flank movement on the Carlists, result ing in the capture of several important positions. It is probable that the town will fall into the hands of Republicans to-mono v. Official information has been received of the defeat at Chelva, 38 miles northwest of Valencia, after two days’ fighting, of 10,000 Carlists, under command of Prince Alphonso, brother of Don Carlos, by a force of Republicans numbering only 5,000 men. Buenos Ayres, June 27.—Senor Sar micuto, upon his retirement from the Presidency of the Argentine Confedera tion, will receive the appointment as Minister to Washington. London, June 27.—The Pall Mall Ga zette has information that the Czar, as punishment to his nephew, the Grand Duke Nicholas, son of Grand Duke Constantine, for theft of his mother’s diamonds, has banished him to Cau causas for life, and deprived him of the Cross of St. George, which was be stowed upon him for his achievements in the Khiva campaign. Berlin, June 27.—The report that the Conference of Roman Catholic Bishops, at Fulda, will endeavor to make a compromise with the Prussian Government is not true. VERMONT. Democratic St: Le Convention. Montpelier, Yt., June 25. —The Dem ocratic Convention to nominate a ticket for State officers was he'd here to-day. G. L. Waterman, of Hyde Park, pre sided. The Convention nominated so.. Governor H. IV. H. Bingham, of Stowe' for Lieutenant Governor, Henry Cha. e, of Lynden, and for Treasurer, Otis Chamberlin, of Pamfret. The resplutions which utterly ignore allusion to National subjects declare that they renew their devotion so the Democratic party and its principles and invite all citizens to unite in the effort to restore the prin ciples of the party to the Government of the country ; that the present prohibitery liquor law is undemocratic and has proved injurious to the cause of temperance and good order, and fa vor its unconditional repeal and the adoption of a stringent license law. The Convention was unusually well at tended and had many good men in it. Oriental Flashes. San Francisco, June 27. —The steam ship Alaska brings Yokahoma dates to June 5. A Japanese legation has been established at Pekin Kedo. A member of the Japanese Ministry, and head of the department of education, has been murdered by his countrymen. The total number of Japanese troops in Formosa is 2 000. Collisions have oc curred between them and the natives. The Japanese have lost nine killed, and the natives have lost many more. The Chinese had not taken part in hostilities, but the Chinese Govern ment had issued orders to its subjects all along the coast of the invaded coun try to afford the Japanese every assist ance possible. Admiral Pennock had arrived and taken command of the squadron in the China seas. The Ja nese Government had issued a notifi cation that after the first of August next the exportation of rice and wheat beyond the seas will be prohibited. The Alaska sailed from Hong Kong May 27. The latest news from Pekin represents that all is quiet at the scene of the recent riot among the French and Chinese. The Nagasaki Express says it is evi dently the intention of the Japanese Government to annex so much terri tory o!' Formosa as is not under the control of China. Movements of the President. Charleston, W. Va., June 27.—The President and Mrs. Grant arrived at 3 p. m. A salute was fined and a speech of welcome delivered by Col. Benj. Smith. The President, in response, said he had long been contemplating this visit, but affairs of State prevent ed. He regretted that his stay would have to be brief. He is quartered with his cousins, Col. and Mrs. Swann.— Large crowds met them at the depot. Tho President and Mrs. Grant hold a reception this evening at Col. Swann’s. The North American Saengerfest. Cleveland, June 26.—A business meeting of the North American Snen gerbund decided to hold a fest every three years instead of biannually. Tlie next fest will be held at Louisville in 1877. To-night the last concert was given, in which tlie singing was by a separate society, The attendance was fair and music good. To-morrow the saenger fest closes with a pic-nic at the North ern Ohio Fair Grounds. This meeting has been in every way a perfect suc cess. Cadwalader. — .John L. Cadwalader, the new Assistant Secretary of State, is a son of Gen. Thomas Cadwalader, of Philadelphia, and a grandsdn of Gen. Cadwalader, who served with Gen. Washington during the war of the Re volution. He was a graduate at Prin ceton College, studied law at the Har vard College Law School, and after wards with Daniel Lord. He was sub sequently a law-partner of George Bliss, Jr., was afterwards with D. B. Eaton & Taylor, and is now senior member of the firm of Cadwalader & Turner, in Nassau street. He was one of the commissioners appointed by Gov. Dix to pass on the bill of ex-Sheriff O’Brien for fees which the comptroller refused to pay on the ground that the charges were excessive. He also repi'e sented the Attorney General in the pro ceedings against Winchester Britton, recently removed from the position of District-Attorney of Kings Cos. He is a personal friend of Secretary Fish, to whom, it is said, he owes his nomina nation. His law practice has been a lucrative one for several years, and he is reported to be wealthy. Galvanism was discovered by a man named Swammerdamm, one hundred and thirty years before Galvani called attention' to it. The world, however, will not willingly change the name in order to give him the honor belonging to him. Swammerdammism would be awful. THE COTTON EXCHANGE CON VENTION. What a Farmer Thinks About It, Mr. Editor : I have read with some interest, and I may say, pleasure, of the doings of the Cotton Exchange, lately assembled in your city, and trust that some good may result from the highly respectable convocation, brought together by a common interest from all parts of the country. There was one peculiarity of the meeting, however, that struck me, as be'ng wanting in perfectness, if I have been correctly informed, as to what w. s a part of the objects of that meet ing—l allude to crop prospects. This certainly was one object that meeting had in view, or those reports from the inundated portions of the South, lately devastated by unprecedented floods, would not have been reported upon, and the losses by the overflow so ac curately stated to be some ore hundred thousand bales, if I remember cor rectly. If, then, the crop prospector as one feature of this assembly, it strikes me (though I may be mistaken) that it would have been both just and import ant that there should have been a libe ral admixture of the producing ele ment, along with the speculative. I do not know that the planting ele ment cqjmpJ been admitted into to its rules and 'r „ ; : JWsT"but if the best amh information was the 67" ject sought and desired.it occurs tome that the Cotton Exchange might have relaxed its rules so far as to have in vited a slight sprinkling of the plant ing element to have aided them in their deliberations. Perhaps such an admixture might not have answered the purposes, con templated, or that the planter was not well enough posted in the business of prospecting, or he was lacking in that peculiar fitness to mingle in matters so far out of the range of his mental cali bre, I can’t tell of course, but our pecu liar friends and allies from Boston and other cities, have put matters right, and no doubt the growing crop will be, by their estimates, even larger than last year, overflows, bad stands, late seasons, cold and frosts to the contrary notwithstanding. Ar other peculiarity of that meeting was the remarkable address of the President of the Augusta Exchange, Mr. Herring, upon the morality of the mo dern system of (I was about to write, gambling but I will not) speculating in cotton, in what is termed by these gen tlemen who (I was about to say gamble again, excuse me) buy “Cotton Fu tures.” I do not feel disposed at this time to analyze this address, but it is a re markable discovery in moral Philoso phy, that a tiller of the soil to make “bread for the eater” and clothes for the million, with his hired help, is as much of a.speculator as ho who buys Futures." Let us have light. A. Rustic. Burke Countv. The Cotton Question. Editor Constitutionalist: The following article was written on the appearance of cotton article “ num ber one” tn ynur preptr, but Was not offered for publication as it was not known that your paper would entertain a free discussion on the cotton question at that time. A subscriber would sug gest to the writer from whom you pro pose to publish a series of cotton articles that if he means to do what he says, viz : “ They ” (his articles) “ will always be written in the interest of Southern planters and dealers ” he would in his future articles not give all the most unfavorable features of cot ton, without presenting the opposite and corresponding favorable side of the picture at the same time, as it is only by a fair representation of both sides of the question the public will be enabled to draw anything like conclusidks. In giving the stock of cotton in New York this year and last, showing 65,000 bales more than last year, he fails to say the stocks in all the United States ports are only about 20,000 bales in excess this year of last; and three cents less in price than same time last year in New York, and the acreage ten per cent. less. And again, in giving the excess of shipment, of India cotton, he does not say the European and Conti nental stocks are not so large as last year ; and these are relied upon by the cotton trade generally as facts. Cotton may further decline, who knows, save your writer, who has so plainly pre dicted it in his article number one ; and yet his one-sided view and meagre facts presented may not, in the estimation of those who take a broader and more comprehensive view of the subject, justify so decided an opinion as to sup pose by the 15th of J uly a dropping out of the very bottom of the cotton mar ket will take place, as our unsophisti cated reader of cotton article “number one” might be led to suppose. This article gives one very astonish ing fact, to say nothing of what “ one planter,” said to your writer, and that is, that the cotton plant is “ growing an inch a day.” We would ask, how is the Southern planter and dealer to be benefited by this wondeful piece of in formation ! We make these remarks, t’>at your cotton article writer may be less rvild and prophetic, his articles on cotton more interesting to your read eis, and his great reputation to which you refer, both in Europe and America in the past, may be maintained in the future. S. NEW BRUNSWICK. Bad Weather, and a Series of Dis asters. Bathurst, N. 8., June 26.—The un settled state of the weather causes great anxiety, as vegetation is serious ly retarded and the farming interests neglected. Yesterday there was a vio lent hail storm. The gale of last week resulted in the loss of 32 lives, along the eastern coast of New Brunswick— -19 beiDg fishermen. Four barks and nine schooners were stranded, and about 30 fishing boats were wrecked. The wholesale destruction of nets by the storm will be a serious loss, as the salmon are unusually abundant ahd large catches were being made.
