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W WttklD Atlanta 'lntiiliaenft’i
VOLUME XXI.
Real Power.
A Northern coteinporary says, and it says truly,
that the South is “already ou the high road to
national wealth.” Thia ie being demonstrated
in the improved agricultural system that has
prevailed since the war, and which will rapidly
pi ogress until ahe approaches as near to perfec
tion as it is possible; while railroads and manu
lactoriea are springing up on every aide. These
will give to the South real, substantial, power—
the power of production and the power of
wealth. Hne will grow cotton, and rice, and
can, it she will, grow her own wheat and corn
—enough at least of the two latter tor her own
consumption. More than this, ahe need not be
defiendent upon the West lor either hogs, mules,
or horses. All these she has the capacity to
breed and raise, as sire will one day do. She
has her own iron, and coal, and copper, and
marble. In short, she has all to make her great
and powerful and prosperous. Politics must tor
a long time yet be a secondary consideration
with the people of the South. Thy must at- ,
tend to their material interests tlrst, and ail the ,
time, till they have been fedrly developed, and <
only when in position to assert their political |
rights and privileges, or of their respective (
Blates, lodo so. In a word, the South must re- ,
cover what she has lost, and attain that prosper!- 1
ty which surely awaits her, as her first duly and 1
Interest. Then she will be a real power in the ,
land, and can make herself felt in the councils |
of the nation.
- —— ♦ - I
The Money Market- New fork mid Boa- '
tou. I
It seems from an article on the “ Money Mar- '
I
ket in life New York h'rprcu that Boston, the ,
“Hub of the Universe,” lias had the temerity
on several occasions recently to tilt against New
York—that she has in fact attempted to head
oft Wall street, and set up herself in rivalry to
the financiers who control the money market (
there, as they, in fact, control it all over the i
Union. How the “Hub" has come out in the ’
contest, the reader will learn from the following 1
which we extract from the article of the Krpreu (
to which we have referred in the foregoing: I
“ Boston lias been buffeted on the sea of spec- 1
ulaliou in Wall street ala lively rate lor some 1
time past, and as her capitalists have been com- ’
pelled to lighten their barque by throwing over 1
greenbacks, these same greenbacks have been 1
eagerly picked up by some piratical crall in the 1
shape ot a sharp National Bank manager, or 1
shrewd Government liond dealer. Boston, in *
fact, has been for weeks past adding to the per- 1
manenl capital of New York and increasing '
her investments, in consequence of a want of 1
success in the manipulation ot the Government 1
bonds on the Block Exchange. The latest piece 1
of gossip in Government cticles, which is now '
enlivening Wall street, shows that once more 1
Boston has been taken in by the brains and •
shrewdness which are centered in the Govern- f
ment dealers ot New York. Boston has played ’
a sharp game, but New York has played a 1
sharper one. The first great card ol '
these Boston capitalists was the encroach- 1
ment, by Secretary Boutwell, on his green- 1
back reserve to the extent of $2,000,- 1
000 lu Boston this sum might look large, but 1
New York has become used to hundreds and 1
thousands ot millions, and, therefore, this $2.- ‘
000,000 was like a drop in the ocean, and tailed 1
to produce that inflation in values which Boston 1
so confidently expected. Aller Ibis Treasury s
movement failed, the telegraph was brought to 1
the rescue, and it was announced to the whole 6
<ouutry, from Washington, that some foreigner 1
with an unpronounceable name had arrived c
from Europe as the agent ol the Rothschilds to 8
offer to the Government more gold than the civil- '
ized world possessed, in exchange tor a new 1
bond bearing 4 per cent, inten st- The comma- '
nity is sometimes credulous, but no community '
was ever so credulous as to swallow such a yarn *
as this. This story was expected to put up bonds ‘
al least five per cent., and disappoint sptead '
to the ranks of the Boston capitalists, when they 1
discovered that New York did not appieciate ’
such a big thing as this Rothschilds offer. At '
this crisis a new expedient was hit upon, and '
Secretary Boutwell was flooded with telegrams 1
from highly respectable individuals to the effect 1
that he should take all the bonds offered on
Wednesday, in case the elections went right It
has leaked out that tiie Secretary took these
telegrams into serious consideration, so
much so sought advice on the
matter from influential parlies here.—
These parties advised him not to change
his programme, and the sequel shows that be
followed this advice. Boston thought the, mat
ter was all fixed, and her capitalists bad bright
visions ot being relieved ot their load. Ou
Wednesday, however, the sharp National Bank
Manager slipped in his bonds to the Treasury
below the Boston otters, and thus got rid ol
them once more ala profit, having previously
bought them at a lower price from some ol the
80-tou capitalists, whose faith in human nature
and higher prices had been weakened. There
is considerable feeling against the S> c.retary on
the part ot these "patriots," who think that Mr.
Boutwell has lost a splendid opportunity to
give trial to the National credit, or, in plainer
terms, he has committed the tearful blunder ol
not coming to the rescue of Boston and reliev
ing the speculations of thur bonds al the public
expense. Wall street awaits wiili some anxiety
the next move ot these Boston “patriots.” To
use the si reel term Boston has been going “long”
ot wisdom and “snort” ol greenbacks. New
York has “greenbacks” and Boston the "wis
dom,” so that New York can ass >rd to gossip
and laugh at the expense of Boston ou this gov
ernment bond speculation.”
Alas tor poor Boston 1 It will not belong,
in the progress of events, when she will learn,
that she has not only assumed too much fin m
cially, but that in tier protective system she is
destined to experience as sail a reverse as ever
did any section ol the Union, not even except
ing the South w hen the slave was set free in it.
Il was that system which gave to Boston as well
as New England.aH the power and wea th it has
enjoyed tor many long y> ars. But the slave
being now tree, the South w ill manutaeture
Cotton tor herself and the wot Id ere many y< ars
(ball roll around, and Boston as well as New
England will be as im|>oteni to cope with the
Bouth, ns she has proved hvrselt impotent to
cope, in financial matters, with New York.
Onl West.
The money pressure in Uie South is heavy,
notwithstanding Ms the season ot the cotton
maikeL But the money pressure is m t confined
to the South ; it lias reached that other pr<>du
ciug section, the “Great West” and bids fair to
disappoint all the fond anlicipa'ions ot the grain
growers there. Accommodations are being
withheld from dealers in gram at Chicago and
other points, and gnat Consternation prevails
among them. The only way to ease the grain
market there, is to send the grain on at once lo
New York, or some Northern seaboard market,
to be exchanged lor enrr ncy. At least, this is
the advice given by the New York press ; j »t
as ihuy say lu the South, “send us your cotton
and we will advance upon it," seilinv r ot course
according, as it shall be, to the interot ot those
who may make the advance. New York, it
seeim-now. has the Western tanners' wheat un
der its control, and would have the Southern
farmers’ cotton in the same condition, it it could.
Th» Tfclrty Second Parallel Pacific Hall
way.
The Louisville Convention, on the 15th in
stant, a'tcr a strong det»aie, adopted the report
of the Memphis and New Orleans Convention,
adopting the thirty-second )>araliel fi r the B»ulh
cru Pacific Railroad This is well, and a® much
as the Convention could do.
A H«« vr Verdict. —We have seen a dis
paten to.m R Mie. which sours that ti e jury in
the twee ot W-iCOvli rs. t' e Ita* IU kvsd,
gave a veniict ot S3SWO M favor o' t»e plain
pd iu lhe action tor damages.
The Great Kxploslou of Petroleum at
Brodeaux, France.
Bordeaux has bad its day of excitement, and
a most paiulul excitement it must have proved.
The Comte de Hainaut, front Antwerp, had on
board some forty tons of petroleum and spirits
of petroleum It was auchord at the place ap
pointed lor vessels laden with petroleum, and,
alter taking all the pi t cautions provided by law,
began to discharge cargo on two lighters, one of
which received petroleum and spirits of petro
leum. At nightfall the master ot one ot tiie
lighters rubbed a match, and, after lighting a
lamp, carelessly threw away the match. Il fell
upon a case of petroleum, which immediately
took fire and exploded. In an instant the lighter
(which had nine hundred and titty cases ot pe
troleum) was a mass ol fl lines. The ropes which
secured it to the shore were burned and the
rising tide drove it up the river towards the
mass of shipping. Efforts wore at once made—
thoughtlessly enough to scuttle the lighter.—
They were successful; but as it weut down un
der the water, the burning petroleum rose to
the surface, and soon covered halt a mile ot the
river with one sheet of ti< rec flame, which float
ing cases of petroleum continually fid. The
flame soon enveloped and totally destroyed
thirty vessels (none of them American), many
of which find a lull cargo aboard. The lowest
estimate reckons ill'- loss nt $1,200,000, gold;
the highest nt $6,000,000, gold. Many ol the
boatin' n and lighterin' n of Bordeaux are ruined
One newspaper sets the loss of life to be twelve
men; the oilier papers mention three persons
burned, hut slate expressly there is no loss ol
lit.-.
The neighbor hood ot Baintes is suffering se
verely, and probably from the. same cause which
led to tlio disaster at Bordeaux. A brook. Le
i'arpaillol, ba* been dry lor some lime. The
lied was marshy. A spontaneous iot llagration
has converted the course ol the brook iutoa
great furnace, whi< hints ’ tirm d every house
and tree near it. The conll igration still contin
ues, and resists every attempt iniido lo extin
guish it.
«■ —-w •
Fiuin C. urter’s Nuovl, Sidon nii'l Shop.
New Yoik.
A CAMICI.’S IIAtU SHAWL
That age is the thing sought lor tn some ar
ticles is a well-known fact The older the wine
the belter it is. Ohl pictures have a value
which is rare'y sttained by modern art though it
may be equally deserving. Old Inces are so Ins
cinaliug that it is u custom to rinse new luce in
coflee, to give it, ihe appearance of age Old
literature, il it is good ai d old friends, if they
have proved 11 tie are held in high esteem. All
this everybody knows—but wiiat everybody
does not know, and what we did not know
until a lew days ago, is, that antiquity is
also oil" of the graces ot a eamt l’s hair
shawl. This, we judge, is the tact Irom
a specimen shawl which we have just seen al
one of our large sb ns. We contemplated this
chef tPauvre lor full twenty minifies. The centre,
which had once ne.i n white, and soil and thick,
had grown to resemble in hue the coffee-colored
lace, and it was almost as thin and as frail as
that material. The innumerable colors which
were blended in the immense border—which
had once made it a bi.iz.e ot color, “ bright as
sunlight to look at”—were toned down, or, to
speak plainly, lad* d to such quiet hues that it
required a strong imagination to sec it, us it
must have appeared sonic centuries ago. But
our imagination was equal to the effort. It ear
ned us back through the hundreds ot years, till
we saw an exceedingly handsome Arab chief,
roaming the desert, with ibis then gorgeous
beauty arranged in the most picturesque manner
upon his stalely form. But. after a lime, the
Arab chief—as we imagined—grew tiled of the
beauty, so it fill into hands ot the shawl mer
chant. From theuce wc saw it trailing its
Splendora through many a guy court iu Europe,
descending from generation to generation, until,
shorn of its beauty, it not of its value, il draped
the model where we beheld it. Taking iclo
consideration its age, with the vast number of
scenes which it must, have passed through, we
were not surprised when a poliwclerH informed
us that the cost, ol the superb shawl, which he
was glad to see we had the taste to appreciate,
was five thousand dollars. The compliment
closed our lips, but we have not rested quite
easy under it—so we publish the fact, hoping
the polite clerk may see it, that though we do
like old friends, and old books, and old laces,
that an old camel’s hair shawl, though it may
have draped the shoulders ot an empress, or,
what is better, ol an Arab chief, and though it
may cost live thousand dollars, is not to our
taste.
CONVENTION AT LOI ISVII.I.K.
He port olilic Comriilllcc ou A Krieulliire
The Committee on Agriculture, admonished
of the policy ot a brief report before a Conven
tion determined npon a short session, waiving
argument, beg leave lo present their conclusions;
and ask their adoption.
From want ot access, here, to official docu
ments, the committee cannot give a response,
reliable and worthy of public confidence, to the
questions propounded in the resolution ot Mr
Brooks, of New Yoik, to-wit: Number of acres
of land cultivated and suitable tor cultivation ;
the price ot vacant lands suiied to agriculture;
the crops best suited to the soil ; the distances
from the most central points, by the rivers, lakes
and rail, lo tiie seaboard ; the ratio and place
for consumption of crojis sent to market; and
other accurate information calculated to en
lighten the country as to the growth, produc
tion, and capacity of the Southern Sta’es. —
Therefore, the committee ask the authority to
collect, collate, and rejarrt thereon, alter the ad
journment, to the clnel Secretary ot the Con
vention, who shall be instructed to publish said
report, and distribute a < opy to each member ot
this body.
The committee are deeply impressed with the
deficiency ot labor in all the I nnefl rMaies; not
so well advised as to the amount in the grain
growing and Northern Males; but. Imm lair
data, can estimnie a deficiency ol ov< r oue mil
lion ol agricultural laborers in the Southern
States which grow cotiou, sugar, and rice. The
supply ot ample laboi iu all the Mates ot lhe
Union would increase vastly the productions of
the soil, add millions ol do>lars to agricultural
income, quicken every oilier industrial pursuit,
and hasten lhe compieiion ot every valuable
enterprise. The best mode ot obtaining the
neednll supply will )>e, doubtless, suggested by
your committee on Immigration.
The committee conclude this report by recom
mending the adoption ot the following resolu
tions aud preamble:
Whereas, The [>r<-speiity of a’l the great
commercial lutertslsoi our country depends di
rectly upou the piuspcrily ot its ugr.cullural in
leret-ts; then-tore,
Be it Resnh'td. 'VhM this Convention, rccog-I
nizing its iinixirtance, assigns to it the first rank I
ot American industries
That the rapid development ot the ;
agricultural resources of our country is of such !
vital hnportauce to its prosperity that unequal
and undue burdens should not rest ou any agri
cultural station
Rcjudind, That lhe true policy ot our Govern- ■
• ment is a general and prompt relief to the cot
, ton growing sections from th >se fuirdcns ot tin- j
equal taxation winch were piaced up«m that
1 section al ihe termiuariou oi me late domestic
: war; thin fore,
1 That the Congress be respectfully
( urged lo repeal the act imposing a land tax
upon the Southern States.
1 Resolivd, That lhe most liberal policy of the
> Government ol the United Stales toward the
, entire sgricuhutal interests of our country is
? j both just at.d desirable.
‘ ; Resolved, That the Secretary ol this conven-
I lion ta-lustrucieii to send copies oi these reso
i , luti ns to the President of the Senate and
. i t-qa iker ol the House ot Representatives ot the
, i United States, to be laid la tore their respective
j bodies at the approaching Congress. And that
1 ; be also furnish copies to the representatives
- ; from Kentucky, and request their presentation
j j in Congress.
| Respectfully submitted.
Ben. C. Yancey, Chairman.
♦
i A Ik-sToN dispaoii ~i>Bounces that down on
• lhe beach eoniewhete aii 'Ut Newcastle, a man
' was overta! on by a tidal wave on Monday night,
t I but saved hiiusli by t imging to a rock while
i. i Uie water wmt over him, a bundled aud twea-
- ; ly-five feet above high watermark,and receded
i i m three minutes, leaving him high and dry.—
I'hal was a tide in the affairs ot nten which he
I took a: its flow, but begs to be exeusel from her
'■ ■ otUn
A Cincinnati bookseller saved a stranger
' ) trour bankruptcy some forty years ago by a small
j loan, aud uow appears as legator ot some two
i millions nt the deniU of the man he benefited.
“ERROR CEASES TO BE DANGEROUS WHEN REASON IS LEFT FREE TO COMBAT IT.”—Jr/L
[BY CABLE TELKOKAI’II ]
FOB 1U 1 <J IN .
ENGLAND.
FKNIAN AMNESTY KKVIEWED.
London, October 16.—The Saturday Review
has a lengthy editorial ou the course ol the
Government toward Fenians now in confine
ment. The writer, reviewing the recent am
nesty agitation, asks if Mr. Gladstone is prepared
lo act with rigor and severity in case of a new 1
Fenian rising, or has caleulaied the efforts re- i
quired to cope with treason, and galvanize into ,
energetic lile the languid spirits of the former
aiders of the law. Has his impressionable no
bility swerved toward the recognition of inde- 1
pendence? The supposition is barely credible, i
not wholly inconceivable. If he should show ,
the faintest leaning in the direction ol tempo
rizing with traitors, there is an <nd of his par- 1
liamentary majority and his existence as a min 1
ister. li is impossible to exaggerate the gravity <
of the issue to be decided. When the final an ]
sweris given to the partisans of amnesty, th?
power of the Government in Ireland is shaken
and the awe of the Government is at an end. <
Let pusillanimous concession be made, and from <
that moment t lie very idea ol govenimeiit will |
be inseparable from ridicule and contempt.
rKHSONAL.
Messrs. Gnrobetta, Bancel, and Jules Favre 1
have uirived here from Paris. *
TUR CHURCH *
The Earl ot Shaftesbury and Rev Ed Ward f
Bauverie, I’useylies, are oivanizii gan opposi- I
lion to the appointment ol Rev Mr. Fecnple as .
Bishop ol Exeter.
SPAIN j
TIIE UKFUIIbICAN LEADERS 1
Paris, October 16 —A dispatch Irom Madrid 1
states that the ltepublic.au leaders, Salom hen ,
and Paul, are in the ueighboihood of Malaga, j
proclaiming the republic.
Sift VENDED.
Madrid, October 16.—The sessions ol Cortes
have been suspended.
siege of Valencia. 1
Valencia, still holdsoul against the National 1
troops. Thu attack, however, will begin this 1
evening unless the insurgcnta suneudi r uucon- <
di lion id y. ]
TNRUKIUtOniON. . )
In the meantime the incurred ion at Barrsji t
continues. Two Republican bands in Catalo
nia and Andulus a have b< eu beaten by the “
National troops. I
REPUBLICAN DI'I’UTtKS.
The Cortes have given the necessary authority t
for the prosecuUon ol the Republican deputies
who have particii ated in the lebellion
I
OPERATIONS OF THE INSURGENTS.
London, Get. 16.—A Madrid letter published
here states that the railloads and telegraph lines r
are destroyed to a great distance around the <
city- f
FRANI’K. 1
l
THE FOREIGN BRCHRTAHY. (
Paris, Oct. 16—There is a rumor current ;
that owing to the continued illness of Prince
de la Tour D Aiiveigne, the Secretary ol For *
eigu Affairs, he will be compelled to relinquish ’
his office. ,
THE CLERKS* STRIKE.
The threatened slrike of the nitrchants* clerks (
of this city has extminenced, but it has not yet
become general. 1
•— r
Special Telegraphic Corrwponrtence of the Courier- <
Journal.
From WaMhinglou. 1
SPECIAL CABINET COUNCIL.
Washington, Octolrer 16.—A special Cabinet
council was held this atteruoon, all the members '
being present but Gen. Sherman, who, it is mi- j
derstood, docsnot intond to take put in iurther i
Cabinet consultations unless some extraordinary (
contingency should arise befoie the new Secre
tary ot War reaches Washington requiring some ‘
direction ot military matters. At the meeting i
to-day nothing was accomplished but unimpor- (
tant routine business. (
THE CUBAN JUNTA. ,
The representatives of the Cuban Juma here ;
profess to have such advices irom Spain as to
give them much encouragement regarding the
situation in Cuba. They sav that Spain requires
all her troops to look after her domestic insur
rection at home, and that she cannot fit out a
new expedition for Cuba as anticipated a tew
weeks ago by the Spanish Minister here. Fur
ther than that, the Junta say they have aban
doned all hope of any moral support Irom the
administration, and intend lo wait tor the meet
ing of Congress iu the hope that the Cuban re
nublic will be recognized by that body before
February Ist,
grant’s southern tour
The President has been in receipt of several
letters from prominent men in the South asking
that he make atrip through the Southern States
in the early part of November. He replies that,
if his public duties shall permit, he will visit the
Atlantic seaboard States, but fears that his pres
ence will be required iu Washington during
most of November.
DEPARTMENT REPORTS
The Departments are busy getiiug up their
annual re|H>rts. The first one that has been
completed is that of the Commissioner ot Cus
toms lor the last fiscal year. It has been handed
' over to Secretary Boutwell.
WHISKY.
Fifty distilleries throughout the country that
j have been idle during the summer have com
-1 menced operations since the Ist instant The
indications are that the revenue irom this
' source will oe much larger thau at first antici
i paled.
r LOUISVILLK*.
The Commercial <!vuventlon—Proceed
ings lucldeial to ll* Adjournment.
Louisville, Oct. 16. The convention met at
10 o’clock this morning.
The Committee on Navigation presented a
report urging upon Congress the importance of
improving Southern ports, especially Galveston.
Adopted.
Two additional reports wire made by the
Committee on Immigration—a majority report
favoring Chinese Immigration, and a report in
opposition thereto A lively debate took place
between Messrs. Shorter, ot Alabama, and Uill,
ot Georgia, against the majoiity, and Wal
bridge, ot New York, Lubbock, ot Texas, and
Massey, ot Virginia, in favor thereof. The
whole subject was voted down.
A resolution was ottered thanking exTresi-
■ dent Fillmore for the dignified and impartial
manner in which he discharged the duties ot
I the chair. Adopted.
Several other resolutions were ottered and
adopted thanking the people ot Louisville tor
I their hospitality, tne Chairman ot the Com
i mittee on Arrangements, and other officers of
, the convention, lor ihe able manner in which
their duties were performed, the telegraph lor
, ttie tree use of its lines, and the reporters of the
' convention tor their correct and impartial re
, ports.
The Committee on Miscellaneous Business
i presented a report memorializing Congress to
designate some jxaint in the Mississippi Valley
I for the holding ot the World’s Fair in 1871.
Adopted.
A resolution expressing much gratification at
the completion ot the Union and Central Pacific
Railroads six years before the time required by
I law, was ottered and adopted.
i Mr. Fillmore then rose. He eulogised the
proceedings ot the Convention, stating that they
would be of a salutary benefit to the country,
' and closed by saying that he would never again
! appear in public.
The Convention at 11:15 a m. adjourned tine
, die.
No allusion to the Postal Telegraph appears
' in the proceedings, but the question was brought
i before the Committee on Misscellaneous Busi
ness, consisting of one from each State, and the
j committee unanimously instiucted their chair
man to report against the scheme, or against
, any proposition that might be presented ; re-
■ commending the government to operate tele-
I graphs.
As the rules of the Convention required all
resolutions to be referred to appropriate com
mittees, and this was the only committee to
which such a proposition could have reference,
no movement was made.
Henry Ward Beecher recently preached a
II sermon upon the subject ot bearing the cross.
> i About this time his worthy sister must have a
1 cross oi pretty heavy calibre to carry.
ATLANTA, GA., WEDNESDAY, OCTOBER 27,186'J.
Generosity of the Dcl'ealcd.
We have had before us for several days, an
article headed as above, which appeared origi
nally in the New York Turf, Field and Farm,
and which, because of the sentiments it embra
ces, the advice given in it, and the wisdom of
its utterances, we transfer to our columns, invi
ting the attention of oar readers to it, and espe
cially those, on either side in politics, who have
manifested an intolerant spirit, or are disposed
si ill to be intolerant, or persecuting :
“ Because a man has fought with you there is
no reason why you should always regard him
as an enemy. Nor do you strengthen your cause
when a man is down by trying to keep him
down Grant understood this principle when
he received the sword'of Lee at Appomattox
court house, and Sherman recoguized il when
he proposed terms to the army of Johnston.—
But neither of these distinguished Generals act
ed without a precedent., They but followed the
example set by many illustrious commanders
before them. Among oitrown countrymen who
extended gem rosily to the deleated, we point to
that great and good msO General Washington.
On the 31st day ot December, 1776, there
arrived in Philadelphiamear one thousand Hes
sian prisoners, taken by the commander of the
Provisional forces in what a State paper was
pleased to call ‘ his late fortunate and success
fid expedition to Ncw'Jcisey.’ The General,
in sending the pris"A»Ts to Philadelphia,
iccoinmcnded the Council ol Safety to pro
vide suitable quarters lor them; ‘and’—
we quote from a public document—■* it
is his earnest wish that they may be well treat
ed, and have such principles instilled into them,
whilst liny remain prisoneis, that when they
return, on being exchanged, they may fully open
the eyes ot their countrymen in the service of
the Kingot Great Britain, who aie at present
not a little jealous of their English fellow sol
diers." Gm. Washington clearly saw that the
Hessians had no just quafrel with us, that they
had been induced to i>wade our shores and
tight under the British flag because Great Brit
ain had represented us as wholly in the wrong,
us a lawless set ot pluudClers and pretenders.
True, they were lured to tight against us, but
the miserable pittance tl.oy received would not
keep them loyal to the British flag could we win
iheir friendship by acts of kindness when he.p
kssly in our power. The*Council, fully under
standing how bitterly thOYlmerican people were
excited against the Hessians, lor these hired
soldiers had been guilty of many gross outrages,
listened to the advice of Washington, and Jan
uary 1,1777, they issued an order setting lorth
the nature of the capture, and concluding as
follows: “ But, from thejnoment they are res
cued from the authority ol the British officers,
we ought no longer to regard them as our
enemies, at least while their conduct will
justify our favorable opine n. It is Britain alone
that is our enemy ; the ot&r powers ot Europe
are not other wise so than is influenced by her,
and many of them ar e^ - £D the strongest mo
tives interested iu our fth jr. It is the officers
and troops of Britain only*that aie heartily en
gaged in the unjust war us, Irom avarice,
ambition, and thirst ol ttiminion. And not
withstanding the I mins I ■' 'mve '.tkeu to P>e
judice the Germans again /. us, we hope they
will find it impossible ■ • »<»>i >u< n. t»
continue to imbue their iinds iu the blood ol
Americans, many of whom! are their country
men. The most favorably opportunity now
offers to weaken the force ot our enemies, by
making their auxiliaries our friends; and we
earnestly enlre it onr countrymen to embrace it,
by suppressing any resentment that might nalu
rally arise on iecollecting their late hostility, and
treating the n uc'i injured and dec< ived Hessians,
now in our power,iu the most Iriendly manner;
as a people we would wish to unite with our
selves in cultivating the fertile forests ot America,
extending iis manufactures and commerce, and
defending its liberty and independency against all
attacks ol ft reign and arbitrary power.” There
is wisdom in htierality of this kind. The logic
of it is p)a>n, lor to strengthen a cause we must
win over to it those who have been hostile to its
interests. The statesman is not a partisan. His
policy is broad, but firm and just. Some of our
leading men have been slow to recognize this
fact Because an enemy once, they have labored
to keep the South always in enmity to the
Noitb. But the people have la-en wiser than
some of those who have aspired to lead, for
partisan feeling has been rapidly dying out A
reunion ot the States is once more w ithin the
range ol possibilities. In the halls of Congress
there will appear, the coming winter, represent
atives from nearly all of the States geographi
Cally, if not politically, recognized. And
through tiiis union of what was once Federal
and Confederate, the cause ot liberty and educa
tion will he strengthened. Both sections have
learned to be more tolerant ot <ach other, and
therefore we may expect greater harmony in
legislation, and the development ol the country
to be most rapid. The history of wars seem to
confirm the idea that, instead ot regarding one
with whom you have fought as an eternal
enemy, we tight with those that disagree with
us in order that we may become better, truer
friends.”
The <:<>ni>ae»s Kinselei'.
Homburg is, ot all the Gcruiau watering
placi s, the n»'«>t popular Y< ar alter year hosts
ot tourists flock tuere—the elements of society
being as shilling and as many-colored as those
ot a kaleidoscope. Every class ot persons in
every nationality is represented, a babel of
tonguesis heald on the public promenade, won
derful costumes of ail kinds are displayed, and
the whole atmosphere of the place is so Cosmo
politau that very lew visitors bring away defi
nite recollections of the people met there, or
amusements indulged in, and seem to have no
clearer idea ot what lias happened in the whirl
ing weeas ol rouge-et-noir, balls, operas, iides
and flirtations than a private soldier would ot a
battle field. There seems to be wonderfully
tew habituesot the place; English Dukes lounge
in tor a tew days ; London pickpockets ex
iisust themselves in as many weeks. Italian
and German noblemen, ot whom there are
countless numbers, rarely stay more than
hall the season; the few invalids who drink
the waters become nauseated very soon ; rural
clergymen, with pretty, blooming daughters,
stake small sums, and, disliking the tone ot the
placr, slip away to quieter haunts ; but there is
. one person who comes as soon as the gaming
tables are opened, and never leaves until they
■ are closed, and who for thirty years has been
the most absorbed of all the haggard, desperate
s victims ot the demon ot play—the Countess
' Kisselef. Bbe is a Kussian lady—nearly ninety,
, palsied, wrinkled, infirm. Every day her ser
i vants wheel her up to the tables, and one ot them i
stands behind her chair collecting and staking
r the gold pieces in accordance with the mumbled i
desires of his mistress, while she watches the
5 course of the game with her trembling old
I frame all aglow with fiercest excitement. What i
- painter, however giited, or what preacher, how- '
s ever eloquent, could set forth the unutterable
- sadness and wrechedness ot the closing scene of
I perfect worl llintss and irreligion as this unlove-
- ly, unloved and godless old woman does ?
The Santa Birbar (Cal.) 7>es» says: J.
’ Switt, Esq , of Montecito, has raised oats this
j year ten feet high, with heads two feet long, and
. almost a pintos oats to the head. Being inform
ed that "oats never do well” in this region, he
sowed on three ditierent parts of the ranch, and
* st different times. The results are almost mar
j velous, that is, tor a country so unfavorable to
i the oat crop 1
From the Cor. of the N. Y. World.
FEJIAI.t; JOI KFYINM.
An Exeltluz Haee Between Young Girl*
at a Wentern Falr-a Klder on a Bare
back Steed.
Decatur, 111., October I.—The most ex
citing horse race that ever took place in Ameri
ca, and probably in the world, came off very
unexpectedly ou the grounds of the Illinois
State Fair Association, at Decatur, last week.
Four premiums ot SSO, $lO, $.30, and S2O each,
has been ottered for the best equestrian appear
ance, all mounted on caparisoned and mettled
steeds. The exhibition commenced by the
ladies riding to and fro in front of the grand
stand, displaying their skill and management of
the horse before a delighted audience number
ing nearly thirty thousand persons. As each
displayed some peculiar skill she received
rounds of applause and this urged and nerved
the others to greater exertion. Oneyoung lady,
Miss Bailie Wilkinson, ot Nyantic, Macon Co.,
111., not content with having already received
more applause than any other, dismounted had
her saddle removed, and mounted the bare
back of her black horse irom the ground
wiih the ease ot a ciieus rider 1 —
The cheers of the multitude had already
produced its effect upon the riders, causing an
abandon and recklessness peculiar to the sex
under such circumstances. W hile the confusion
and excitement was at its apex, one ot the track
marshals, with more lungs than discretion,
shouted out at the top ol his voice: “Go clear
around the track 1 go I all of you, go I go 1 Iu
an instant every horse was in lull run, the ladies
were applying the whip, and the air was filled
with hats, ribbons, laces, and “ fixing ” which
have no place on a race track. On they dashed,
four leading the crowd and running as near
“neck and neck” as could be. At the start the
black steed, with the Maid ot Nyantic on his
bare back, was about oue hundred yards iu the
rear, ns no such thing us a race was contempla
ted, but she leaned lor ward like a regular jockey,
gave him the whip, and soon passed the rear
horses, and then the middle group, aud was m
the act ot taking the lead when her hone stum
bled and tell ou the grass at the edge of the
track. Bhe was up before him, however, and
had hold of his bridle, when four or five men
sprang over the guard and held him while she
agaiu mounted from the ground. TheNyau
tic girl applied the whip vigorously, and was
soou nearmg the racers in front. Comiug in ou
the last quarter a gray horse had the lead by a
length, and now every whip was in full play;
evtry horse, with lengthened neck, straining
every nerve for the lead 1 As the horses were
nearing the grand stand the history ol the track
fails to furnish a para)lei to llm iriii-tise feeling
and excitement, heightened and intensified by
the frailness aud recklessness of these daring
lady riders. They cut the air with such swift
ness that their long skirts floated over the backs
of the horses. For some distance now no
change had taken place, each doing her level
best, except with the Nyantic maid,on the bare
back steed, who quickly took advantage of the
clear space on the pole side and rapidly passing
one after another, came under the siring neck
and neck with the third horse, and only n
length of the lead. If Pandemonium had bio
ken loose it could not have excelh.l Hie wild
huzzas aud cheers given the Nyantic girl by
that excited multitude. The young nu n cheered
and yelled ; the young ladies applauded wiih
their tans and keiehiefs, while the tears ran
down their pretty cheeks'; lhe old people, iu
many cases, embrac'd each other in their joy,
while the thick tongues hi their choking throats,
murmured in broken sylables, “ Nyantic ! " As
she rode buck on her foaming steed, all covered
with dirt by his tall, and her clothes torn almost
in shreds, lhe grand stand resound', d with the
cheers ot thirty thousand voices, anil thesur
rounding groves prolonged the echo
The committee were over an hour in comiug
to a decision, aud finally gave Her tin- third
premium. The committee tied two red ribbons
on her arm, amid the hisses and censu c ol the
mulnlude, but they were scarcely lliere be'ore
some one leaped into lhe arena, cut the i'bb( ns
oil and trampled them in the dust. Aud urns
ended the most exciting race of th is or any other
age.
Tiie Reported Offer of the Rothaehlld*.
Judging from Hie Washington di patch which
we published yesterday there appears to he
some movement on the part of the Rothschilds
with a view ot making a loan to the United
States, li the extract ot the letter incorporated
in that dispatch was written by Mr. Friguet,
the agent ot the Rotchilds, as stated, these great
European capitalists seem to be in earnest. Ac
cording to this Mr. Friguet has communicated
direct with lhe President, and that at lhe Presi
dent’s request, on the subject. This indicates
that General Grant is paying particular atten
tion to our national finances, and that we may
expect something imporiant bearing upon them
in his message to Congress next December. Ii
is said the Secretary ol the Treasury is somewhat
annoyed because he was not consulted iu the
matter. We do not see why he should
be, tor ii any thing should come out
of such a proposition the business would
be transferred, <d course, to him. How
ever, we have more confidence in the strong,
practical common sense of the President than
in Mr Boutwell’s financial theories, and shall
be pleased to learn that the re|»ort ot the consul
tations with Mr. Friguet is true. The Roths
childs understand, no doubt, the immense re
sources of this country, the stability ot the
Government, and lhe prrleet security ot an in
vestment in.our debt, lor they see that while
other nations are unable to meet their obliga
tions or cau scarcely make both ends mceet, we
have a large surplus revenue coming iu all the
lime. They could make a loan at four per cent
for a long time on consolidat' d stock aud easily
dis|H>se of u in Europe at a handsome profit
Still it is a question whether it would not be
tatter to place any new govtrniiieiit stock at
home, lor then the country would not be drained
ol the specie to pay mierest abroad. However,
it will be the uuty oi the Government to make
the best terms it can, whether at home or abroad,
so as to reduce the interest to the lowest point
possible, and thus save the most to th c treasury
aud the people.— New York Herald.
The Gold Room Aller llic Storm.
The Tribune ot Thursday says :
Never al any time during the last ci. bi years
has the Gold Ro itn displayed the moribund
teatures which it shows at present. L it be not
dead, it certainly Itaiks ghastly enough fur death
The speulators have dcaerte-' its noisy und diugy
ptecncts. The hundreds of excited and roar
mg operators, who, from morning til) mghi, lor
years past, have confronted each other around
the “fountain,” have disappeared ; and only a
few somber brokers are to be seen, now and
Uieti, standing in aC'-ruer ot the rOotu, aitcmpt
ing to make small transactions, which iu other
times would have been iwueath their notice.—
The fact that operations iu gold must be made
“regular,” or lor eash, ren iers anything hke
speculative activity i'U|.ossible; out, beside
this, there aie ereat t'lttiPHTs o! o;x:rators,
as well as brokers’ i u-iom is, who htw
left the “street," swe.inng that they have
left it f-vreter. Am,mg these are many oi
the strongest class —meu who have stood up be
fore all changes of weather and all previous
storms and hurricanes. They have gone oft
threatening to betake then selves to some better
business than geld gambling—to some pursuit
in which honor and horn sly have their value,
and in which industry has assured reward.
It is to be hoped that this feeling and this deter
mination are not like that which we associate
with deathbed repentance, but that they will
hereafter adhere to the resolution formed in the
days of disaster and ruin. In the meantime,
however, there an- a large numl'cr of specula
tors wbo expect that old times will be revived
alter settlements have lieeu made of the accounts
j ot "crazy Friday.” and »uer the aii.uis of the
Gold Exchange Bank are in such condition as
I will permit operations to be carried on accord-
I ing to the old system. We hope they are mis
taken; but, in the meantime, the present break
I down iu gold gambling may perhaps furnish a
1 hint lor legislation that might prevent such
’ ravages as it has caused in the past.
I A Western editor relates that he once stop-
J ped at a restaurant in Washington, and noticing
* that the waiter was uncommonly sober,
i asked him it be was sick. “ Yes,” very curtly,
>“I is." “What’s the matter?" “Why, str,
Washin’ton’s the wus place ever I see. When
it’s dry, you can’t see where you’re gwine; and
' when its wet you can't go.”
Tom Thumb is disconsolate in California. He
has found a fellow tour inches shorter.
> Talley & Sisson have removed to their new
store, just opposite their old stand. 0c22-2t
A ii Outrage by a neuro upon a Young I.ady
—Hi* Nummary execution by a mob—-
Fears ul Hcenc
Washington, October 13 —Monday last a
colored man committed an outrage on a young
lady, a school teacher, near Fort Washington,
sixteen miles from this city, while she was on
her way to, and within two hundred yards of
the school house. When found by her friends
she was lying on the ground, fearing to move
lest the assailant should return, and finding her
alone, kill her. The negro was arrested the
same day, taken to Piscataway where he was >
identified by the lady, and a committal made
out against him; and in charge of constables ;
John Underwood and Anthony Anderson, he .
was immediately started in a wagon for Marl
boro, lhe county seat. At his request he was
taken to his house to bid his wife good-bye '
While the wagon was standing in front of his <
house, it was approached by about twenty men (
dressed only in their shirts and drawers; only
one in a shirt, and with handkerchiefs with *
pierced eye-holes. After tying Constable Un- f
derwood, who had attempted to defend his t
prisoner, and had fired several shots at (
the lynchers, and removed him irom the wagon,
they made Deputy Constable Anderson drive 1
the vehicle to a piece ot woods a short distance i
oft, where he too was put out and tied. The
wagon was then driven by oneot the maskers 1
under the edge of a large white oak tree, and a
noose having been adjustedoverahorisontallimb, c
the prisoner, who was handcuffed, was made to .
stand up, but his head not reaching the noose, 1
he was requited to get upon the driver’s seat, a
when the noose was put arouud his neck, and 1
the wagon driven from under him, he sprang up c
at the time, apparently with the intention of ex
pediting his death. H
The rope slipped nnd the wretch’s feet
touched the ground. One of the maskers then
jumped upon bis shoulders to bear him down, 1
while some ol the others swung him to aud fro
until lite was extinct Alter which the whole
party formed in line and fired a volley at bis *
body. After swinging two hours his body was b
cut down and a coroner’s jury which bad been “
summoned to hold an inquest upon it, returned e
a verdict ot “death irom hanging by unknown
persons.” The corpse was buried on Hatton’s
Hill on the public road leading from Broad c
Creek to Piscataway. 1
> \
News Items. I
A London clerk was convicted of forgery on
the evidence ot the sheet ot blotting paper he 5
had used. 1
Greeley accepted the nomination for Comp
troller to stop being suggested for every other
office under the sun. (
One hundred and forty-four bushels of oats to ,
an acre is the latest Wisconsin achievement. ;
The Texans complain of pork being five t
cents a pound when they can get beef tor two <
cents a pound. (
The hog may not be thoroughly posted in 1
arithmetic, but when you come to a “square
root,” he is there.
The horse “ Revenue,” owned by a citizen of j
Lewiston, Me., was sold last week to a New
Yoik go.'itleman for $13,500.
UDot.eno Wolfe left a reputation for
schnapps and $300,000.
Angeline Podesta, one hundred and one '
yeats old, danced in ten sets in honor of Colum- ■
bus, at New York, Monday night. (
The Emperor Napoleon has ordered that the
traveling expenses ol the French Bishops of
Quebec on going to and returning irom the
Ecumenical Council shall be defrayed from the
Imperial exchequer.
It is said that lhe late ex President Pierce
leaves a fortune, estimated at from fifty thou
sand d dims to one hundred thousand dollars,
which will vearly all go to a nephew, the son of
Henry Pieri
Four .1 • are row English baronets—Sir
Fi iiuis G-'iiUmid, Sir Moses Montiilore, Sir
Anihoiiy Roo,.child and Sir David Salomons
ii «>l whom h ive b eu made such within thirty
3 cars
Franklin Pierce was the fourteenth Presi
dent ot the United States. There are fourteen
letters in bis name, aud the first letters of the
Christian and surname being F and P, stand for
fourteenth I’resident.
Putiiam'M ITlairnziiie for November.
We have before us a copy ot “ Putnam ” tor
November, and lay before our readers its table
of contents:
Gateways to the Pole, with Diagrams ; Lady
Cinella, Paris 11. and III.; Calypso; Leaves
from a Publisher’s Letter Book, II.; Hellenic
Nationality aud tbe East; The Radical Duke;
Indian Summer; Tent Life in Kamchatka; The
New Fuel; Contemporary French Literature,
I.; To Day, a Romance, chap. XI-XIX ; Over
weighted ; Brevities—Fine Arts of Society,
Dress; Literature at Home; Fine Arts; Table
Talk; Literature, Art, and Science Abroad;
Current Events; Publisher’s Table; Alphabeti
cal List of New Publications.
A glance at the pages ot this valuable publi
cation satisfies us that it is one ot the most in
teresting numbers its pub’ishers have ever issued
from their pi ess. No Magazine published in
America can compare with it. “It bears the
palm alone.” From the number before us, we
shall lay before our readers to-morrow an extract
or two from its contents which we think will
prove acceptable and interesting to our readers.
We have not lhe space for them to day.
Pompey Haines, charged with the murder ot
Col. R. W. Flournoy, in June last, was arraigned
lor trial on Friday last. L. A. Hall, Esq., ot Ir
winton, appeared as tris counsel, and asked for a
continuance of the case, on the ground of the
recent finding of the bill by the Grand Jury, the
excited state of the public mind, the absence ol
his associate counsel (his copartner at law, we
presume), and bis having been so recently em
ployed to defend the case. All of which were
ovirruled by the Court. Judge Gibson paying
the county a merited compliment for the deter
mination manitested on the part ot lhe citizens
to render tiie accused even banded justice.
Tiie prisoner having pleaded “Not guilty,”
Hie Court proceeded to the empannelling ol a
jury, and alter having exhausted two arrays—
one of forty-eight and Hie other of twenty-four
—without obtaining halt the requisite number,
the case was continued until next term of the
Court.— Sandersville Georgian.
A New Danger
Senator Carpenter, ot Wisconsin, is greatly
exercised over what he apprehends to be a n«.w
danger to the Republic. In a speech which he
recently made at Madison, in that State, before
an Agricultural Society, he greatly alarmed his
audience by giving utterance lo the following
declaration: “It was," be said, “for many
years believed by our wisest and purest states
men that our institutions were in danger from
slavery. But il is my honest belief that they aie
to-day in far greater danger irom lhe combina
tions of capital, the consolidations of monopo
lies—lhe great trinity of power, railroad, ex
press and telegraph companies, which are strug
gling to control the destinies of this country -
than they ever were from slavery.”
The Wisconsin Senator may be right, but
we think be puts it down a little too strong II
the business and progress of lhe country did not
‘ require railroads, express companies, and tele
! graph lines, they would cease to exist.
New York-—U. N. G. and the Late Gold
Movement.
i
• [To the Associated Press.]
i New Y’ork, October 16.—The following is
• published to-day : _ ,
Washington, D. C., October 13, 1869.—R0b
: ert Rmner, Eeq., Dear Sir: Your letter of the
i 11th instant is received. I have never thought
i ot contradicting the statements or insinuations
made against me by irresponsible parties as those
that are alluded to in your letter, but, as you
' have written to me on the subject in so kind a
I spirit, I will say that I have had no more to do
> with lhe late gold excitement in New York than
• yourself or any other innocent man, except that
’’ ! I ordered a sale of gold to break the ring en
-1 • gaged, as I thought, in a most disreputable trans-
I action. It the speculators had been successful,
I you would never have heard ot any one con
! nected with the transaction.
e Yours truly, U. 8. Grant.
P. S.—l have written this in great haste, with
out exercising judgment as the propriety of wri
y ting it, but I submit it to your judgment.
U. S. G.
NUMBER 44.
Thank*.
We return thanks to the “Committee of In
vitation” of the “ Virginia State Agricultural
Society” for the polite invitation to us to attend
their State Fair and Cattle Show, which are to
come off the first week in November next, and
regret very much that business engagements
will prevent our being present on the interest
ing occasion.
“ Through Tickets to San Francisco. —
The Montgomery and West Point Railroad is
getting up through tickets to San Francisco, ail
the way by rail. The tickets are now being
printed.”
We clip the above item of news from the Sa
vannah Republican of October 19th, and in this
connection, it affords us pleasure to state that,
the Western and Atlantic Railroad had printed
through tickets to San Francisco on sale the
first of September—and now have them by uii.e
different routes irom Atlanta. This enterprise
on the part of the State Road is in advance of
the Montgomery and West Poiut Railroad—and
is rather sharp and quick for Georgia.
Tiie Telegraph Lluea or Great Britain.
We see it stated that lhe bill for the purchase
ot lhe telegraph lines in Great Britain by the
Government has become a law. The total
amount lo be paid is £7,000,000, ($35,000,000)
It is designed lo extend and cheapen telegraphic
communication, aud the number of places served
is to be at once nearly doubled.
For Throat Diseases and Affections of
the chest, "Drown's BronclM Troches," or Cough
Lozenges, are of great value. In Coughs, Irri
tation of the Throat caused by cold, or Unusual
Exertion ot the vocal organs, in speaking iu
public, or singing, they produce lhe most bene
ficial results. The Troches have proved their
efficacy.
Columbus—When Surveyed, &c.—From
conversation with old citizens who took us to
task for saying Columbus was laid out iu 1830,
we learu that the city was incorporated by the
Legislature in the fall of 1827; that the name
“Coweta” was sugguested for it; that the sur
vey was made and lots laid oft early in 1828 ;
that the commissioners were I A. Few, Dr.
DeGraffenreid, Gen. Tom Bell, Wm. 11. Alston,
and a lawyer named Hallam; that the surveyor
was Lloyd Thomas, and a eon ot his was the
first person buried iu lhe cemetery ; that the
lots were sold ou July Ist, 1828, and that the
lot where Jake Burrus’ store now stands brought
the highest price, $2,200, aud the lot just South
of Col. Mott’s residence brought $27, and P. A.
Clayton, now Treasurer ol the city, bought one
ninth of the lots offered; that the Columbus
Enquirer was established in 1828 by Mirabeau
Lamar and others; that the county was named
after the tribe of Indians that lived here. Bo
much for early history. ’Twas before our day.
—Sun.
A Beautliul Sentiment.
No one can excel the Hon. Erastus Brooks, of
New York, aud of the New York Express— for
we are proud of him as one of the editorial fra
ternity—in responding gracefully and happily
with a sentiment when called upon to do so
For instance, at the banquet given in Louisville
to the delegates to the recent Convention held
in that city, he thus responded to a call: “ The
American States, distinct like the billows, oue
like the sea ; to God we give the sovereignty ;
to the State and Commonwealth freedom, jus
tice and equality; to the people one feeling,
fraternity, cordiality and hearty good will."
A beautiful sentiment indeed I
The Colored Labor Convention. —The
City Hall was densely filled yesterday with del
egates and spectators, in attending the colored
labor convention. The day was occupied in ef
fecting permanent organization and appointing
committees, as will be seen from the minutes of
the proceedings furnished by the Secretaries.
We hope the Secretaries will continue to fur
nish them in as brief and concise form as possi
ble. We all desire to know what the leading
colored men of the State propose to do, and
what they seek to accomplish by this conven
vention ; aud from the attention it has already
received from the press of the State and couhtry,
its deliberations will be looked to with consider
able interest. Every planter and negro in the
Slate is vitally interested just now in the labor
question, and if Jeff Long, J. E. Bryant or any
body else can give us any light upon it, we shall
lend attentive and unprejudiced ears.
When the Convention adjourned yesterday
alteruoon, the President announced that a sup
per, etc., would be given at night, for the benefit
of lhe colored Methodist Church, and be hoped
to see a large number of the delegates to the
Convention present on the occasion. We met a
colored friend last night about 11 o’clock, who
had been to the supper and he reported a large
attendance and a generally.— Macon
Telegraph 2Qth instant.
Small Bill*.
We see it stated in the Washington papers
that Treasurer Spinner would put in circulation
on Monday last $70,000 in twos ol the new
legal tender notes, and that he expects to be
able to supply a like amount daily thereafter,
until the bank note companies are ready to furn
ish notes of every denomination as required.—
They are much needed in this community.
Shipbuilding aud Commerce.
What is the reason that ships are no longer
built in the United States—that one of the
greatest and noblest of our industries, an in
dustry in which we are capable of excelling thu
world—is extinct ? The reason is that we can
not build ships at prices to compete in any
market with the prices of other countries.—
England can build cheaper than we can. But
what is the reason of this reason. Why does
, it cost so much more to build ships here than
in England ? Many reasons concur. Some of
these are inseparable from our financial condi
tion, as the inflated currency, which puts prices
aud wages altogether on a false footing ; but
a more potent reason is that our tariff, made
lor “ the prelection of American industry, ”
immensely enhances the prices of shipbuild
ing material. Thus by protecting oue in
dustry we destroy another. But, then, the sim
ple-minded would suppose our commerce need
not suffer, only our ship-builders, since our mer
chants can buy their ships of those who sell
them cheapest, and the ship-builders must wait
lor better times. Unfortunately Congress, per
ceiving that it has killed ship-building by pro
tecting other industries, has endeavored also to
protect ship-building, aud in doing this has
merely killed commerce. It has made a law
leudering it impossible for foreign-built ships to
i.btain an American charter. This is so that
mercusuta shall not buy abroad, but shall be
compelled to buy here, let ships cost what they
may' But as the commerce that lives by cheap
ships thrives wuere the commerce of dear ships
dies, England gets me trade of the world and
its ship building too. All of which illustrates
with what wisdom we are governed.— New York
' Herald.
Reduction iu lite Acreage of Cotton.
The Commissioner of Agriculture, in his late
interesting report says that a reduction in the
acreage of cotton is noted in every State except
Texas, in which the increase appears to be
i about thirty per cent. The decrease, as com
pared with lhe previous year, is estimated at
. twenty-four per cent, in Louisiana, eighteen in
. Mississippi, thirteen in Arkansas, twenty in
* Tennessee, twelve in Georgia, eighteen in South
' Carolina, and thirty-two in North Carolina.—
k The returns of diminished acreage in early
> summer did not excite apprehensions of a de
’ crease in the crop of the year. The aggregate
crop of the year was estimated in Octobei at
’ 2,380,000 bales.
’ Personal. —We had the pleasure of a call,
ou yesterday, from Capt. Kennedy, the editor
ol that lively Alabama sheet, the Opelika Re
carder. We were pleased to learn Opelika is
fast improving and that its Recorder is in a
flourishing condition.
