Newspaper Page Text
COB STITTJTIONAXJST.
AUGUSTA. GhA.
THUKSDAY MORNING, MAR. 10, 1870
WELL DONE, BfIOTHER CLISBY.
" The senior editor of the Macon Telegraph
and Messenger, with whom we have had
some sturdy boats betimes, has quite won
our hearts by a recent article concerning
this city and the great agricultural fair that
is to he.
After complimenting Augusta upon being
“one of the handsomest places in the
world” —which is a patent fact—our brother
draws a famous parallel between her and
Atlanta. We quote conspicuously :
“ Now we shall see a pretty race between
“ Atlanta. and Augusta. To offset the
“ prestige of the State Agricultural Bociety,
“ which Atlanta willenioy, Augusta will
“ show the force and energy of an organi
“ zation of business men, and she has about
“ five or ten tinges the moneyed capital of
“ Atlanta, with perhaps considerable less
“ disposition to use it, and not so much
“ local pride and spirit as Atlanta, though
“ more reasons for both.
“ We like the wonderful amount of pride
“ the Atlantans take in their city. There’s
“ not a man, woman or child, in the cor
“ porate limits, black or white, who is not
“ thoroughly grounded in the opinion that
“ Atlanta will, in a short time, go ahead of
“ London or Paris. Chicago is the only
« American town which can rival Atlanta
“in local pride, and Atlanta is fond of
“ comparing herself with Chicago. More
“ over, Atlanta, if we may credit the Bos
“ ton Post, is ahead of Augusta and most
“other places in newspapers. The Post
“ says Atlanta has three dailies, each with
“ the largess circulation in the State.
“ We counsel our Augusta friends, there
« fore, to pull up. Don’t trust too much to
“ your superior location—your water power
“ —your 130,000 cotton bags—your ac
cumulated profits and weighty capital.
“ Use the money power you have liberally,
“ and distance these doughty boys of the
“ ‘Gate City,’ as they call it.
“ There is one point on which the Augus
“ tans will, we fear, show the Atlantans a
“clear pair of heels—and that is in the
“ magnificent display of the gentle sex.—
“ When those old black belt counties turn
“ out, as they will do to the Augusta Fair,
« good-by John to Atlanta. She may rake
“down all North Georgia and not be in
“ hailing distance for a start. The display
“of fair women in Augusta will be mar
vellous. We don’t mean to deny that
“ Atlanta will make a fine display, because
“ pretty women are to be found every where
“in Georgia; but all those old counties
“ within hailing distance of Augusta are a
“garden of them—a regular nursery in full
“bloom. Therefore, we say, Atlanta, look
“to your laurels. Augusta stir np and
“ avail yourselves of your advantages.”
Now that concluding paragraph is hand
somely turned. Indeed, we doubt if any
living man could have expressed it with
more unction. If our gallant brother should
visit us in November next, we promise that
'the incomparable ladies of this region will
present him with a bouquet as big as the
“ mammoth ox,” and a thousand times
more precious.
We have no fear as to our “ rosebud gar
den of girls.” Our gentler sex always do
their duty, and fear no competition in
every grace characteristic of true and love
ly womanhood. Now let our merchants
bestir themselves to prove equal to the
emergency and worthy of their wives,
daughters and sweethearts. Our Macon
brother has given them the right cue. We
are safe on the point of female beauty, by
common consent. Let our business men
see to it that there shall be no lack of
just pride in our city, and no lack of judi
cious enterprise to make that pride sub
stantial and commendable. Let Atlanta
run a muck with Chicago, if she so wills
it. God forbid that our fair city should
ever seek such an exemplar. But there are
a thousand reasons why, without getting
crazy on the subject of progress, we should
at least make a mighty effort to become a
model of healthy improvement, just as we
are acknowledged to be a model on the
score of personal, municipal and rural pul
chritude. ‘
The Way of the World. —The loyal
soldiers who saved the national life are
very giuch like squeezed lemons. If not,
what means this satire from the Mercantile
Journal:
“ Republics are not ungrateful! Com
-41 mon vagrants and beggars are arrested,
“ but If you have been a Union soldier,
“ have fought under Grant—now President
“ —and have lost a leg or an arm in the
“ service—you enjoy a special privilege.
44 You may sit at the street corner unmo
-44 lested, with a hand-organ, and grind
44 away all day long, and until midnight, if
44 you will—all the glorious battle-songs of
44 your country. The General in the Capi
4‘. tol, and the soldier in the gutter!”
The Journal forgets, in its flue scorn, that
the General was once in the gutter, and
that, in the course of time, he may be a
gutter-snipe again. Belisarius made a
charity box of his battered helmet. The
great Ulysses may, some day, grind a
hurdy-gurdy. Patience, friend Journal ,
patience. Who can forecast the future ?
The Goli> Panic.—Leo, the sagacious
Washington correspondent of the Charles
ton Courier , thus writes:
44 Before gold falls to rune per cent, pre
-44 mium, as it will in three months, there
“may be some" spasmodic advances to
-44 wards twenty. Speculatiop cannot be
44 repressed, and gold conspiracies will be
44 formed as long as uncertainty exists in
“regard to the relations between paper
44 currency and gold. All the laws that
44 Congress can pass will not prevent gold
44 conspiracies and gold panics while we
“have two legal tenders—two currencies
44 of unequal and fluctuating value.”
Cakes and Ale.— The. sudden letting
down of Gen. Logan, the executioner of
Whittemore, begins to be explained. He
was about to beard Ulysses himself for sell
ing Cabinet appointments; but Ulysses,
who is no fool, has bottled up Logan. It
seems that the Administration hold in
their hands documentary evidence very
damaging to Logan. And so,_ with the
disgrace of Whittemore, least guilty per
haps of all the knavish crowd, the cadet
ship swindle investigation oozes out of the
palms of Gen. Logan’s hands. Was there
ever such a fizzle?
A Big Sensation. —A French corre
spondent of the New York World —with
headquarters probably in the back office—
furnishes various and sundry proofs that
Louis Napoleon died, last September, un
der the knife of surgeon Ricord, and that
a sham Napoleon is now made a dummy
of to deceive the French people. The
WarUs adulteration man has gone back to
his old trade with a vengeance.
Gen. Grant. —lt is charged that General
Grant must be held responsible for all the
corruption of the United States Govern
ment. We think not. Demoralization be
gan long before Grant became President.
He is but following Lincoln’s Radical
plan. He is “ running the machine as he
finds it.” The Gracchi, according to
Miuabeau, in their death-throes, flung dust
to heaven; and from that dust sprang
Marius. Lincoln, in his agony, flung
blood into the face of Providence; and
from that blood sprang Grant.
Truth in a Nutshell.— The Brooklyn
grand jary says: “ The abase of oar politi
cal system, in itself the most beneficent in
the world, tends to making the worst
classes important in politics, and the pub
lic administration comes at length to repre
sent faithfully its sources in oppressive
taxation and unpunished crime.”
Quitting Their Holes.— Some of Bul
lock’s retainers are already quitting their
holes, or, at ail events, dividing them. A
chief cook and bottle-washer for His Ex
cellency goes to Charleston. Poor Charles
ton ! Poor City by the Pond !
Our New York Correspondence.
New York, March 5,1870.
Those unfortunate individuals who have
been sellers of cotton the past week have
gone through about as “rough” aa ex
perience as has been ever recorded. In
the first place, we started out with esti
mating thu receipts of the week at 60,000
bales, but on Tuesday it became evident
that they would exceed 70,000 bales. This
weakened Liverpool and almost destroyed
what little confidence there was left among
our holders, and, of course, shut out near
ly all demand except that for export. And
here we come to an experience with our
Irredeemable currency which should not
be lost upon any business man. It illus
trates with peculiar distinctness the truth
that all the apparent wealth and prosperity
which has no other basis than a redundant
currency, can be compared to nothing more
substantial than a Dead Sea apple, which,
fair to the eye, turns to ashes upon the lips.
The decline in cotton brought in large ex
port orders; shippers took, in four days,
about 18,000 bales. So large a movement
of this character, with the currency on a
sound basis, by relieving holders and con
tributing. to ease in the money market,
would have exerted a very favorable
influence and checked the decline.—
But the effect, under existing circum
stances, has been just the reverse.—
No sooner did the large export of cotton
become generally known than it was made
the pretext for a raid upon gold. It was
declared that, such large amonnts of ex
change would be drawn against the cotton
as would destroy all hope of an export of
gold this Spring. This produced a rush to
sell gold, and" contrary to the wishes of the
Treasury Department, or the expectations
of those who have been leading “bears,”
the premium was knocked down three j>er
cent, in twenty-fonr hours. This, in tarn,
contributed to the uneasiness of holders of
cotton; and thus the large export demand,
which should have steadied the market,
hastened the decline. Can there be a more
forcible example of the truth that an irre
deemable currency is at war with every
honest pursuit? With respect to the future
of cotton, the remark of Mark Antony,
when he was told of the effect of his ora
tion over the body of Caesar, will apply,
“Mischiefs afoot;’’ and we shall be fortu
nate if the staple escapes a prolonged
period of depression and doubt, under the
pressure of large stocks, not unlike which
has prevailed many months in breadstuffs.
Our people have developed a furore for
the immediate return to specie payments;
and if there were any confidence in the in
tegrity or capacity of the Head of the
Treasury Department, that event might be
looked for this Spring; it will not be the
fault of the people, or the state of the Fed
. eral finances, if the long agony in our busi
ness matters is not soon terminated and
productive pursuits once more permitted
to repose in the sheltering arms of a legiti
mate currency. Several of the principal
restaurants have adopted the expedient of
giving silver change to their customers, as
a means of increasing their reputation.—
Small silver can be purchased at seven per
cent, premium. This sort of thing is not
without its significance, and perhaps indi
cates that in this, as has been so often the
case in the past ten years, the people are
ahead of their rulers.
The leaders of Tammany Hall having
surrendered at discretion, there is a lull in
the storm which has been raging at Albany
in the past month. The troubles of the
successful clique now begin. _ Anew city
charter is in process of incubation, and it
is found very difficult to agree upon Its
provisions. The new 44 ring ” encounters
personal interests, private jealousies and
vaulting ambition, very much as did Tam
many Hall.
The report of the Inspector of Buildings
for 18(39 is a most interesting document.
The shabby and often dangerous manner in
which many buildings were erected in this
city, led to the establishment of a bureau,
whose approval of all plans and specifica
tions was a necessary preliminary to the
erection of any building. The result has
demonstrated the usefulness of the bureau.
The report shows that in 1869 the people of
this city expended $29,000,000 in the erection
of new buildings, and $12,000,000 in the
alteration and enlargement of old ones.
The expenditure of such vast sums for such
a purpose, in a year which has been reso
nant with complaints of 44 hard times,” de
monstrates that the growth of this great
metropolis is not even checked.
We have a small morning paper in this
city which amuses its readers and annoys
its contemporaries by daily publications of
the tittle-tattle of the editorial rooms of the
44 great journals.” The principal subordi
nates, the 1 44 managing editors,” and that
sort who are powerful and almost irre
sponsible tyrants over the “ small fry” of
metropolitan journalism, are unmercifully
ridiculed. The author of these articles is
understood to be the notorious Joe Howard,
author of the 44 bogus proclamation" in May, -
1864.
We have snow upon the ground, but
Spring fashions force themselves upon the
attention of the ladies. Os Spring cover
ings the three most noticeable are the short
paletot, the long casaque and the Metter
nich mantle. This last is close to the
figure in the back and front, the sleeves
flowing, wide open and loose. A short
sash and bow is at the back, and the trim
ming may be run up the back, or bretelles
may be placed on the shoulders. These
garments can be made of black silk, of the
same material as the dress, or they may be
made of cashmere, and when of this mate
rial, may be worn in the same way as if of
black silk. Fringe is a very suitable
trimming. New casaques are *)f medium
length, and very bouffant, in many in
stances having additional widths at the
back, which give the appearance of a double
basque, or a third skirt, if it be worn with
a short skirt. The front is buttoned all the*
way down, and often trimmed like a Louis
XIV waistcoat. Revers at the neck are
wider and longer than they have been, and
slope gradually to a point at the belt. In
the Metternieh mantles, the long flowing
sleeves are sometimes made of lace. The
short jacket which has been in vogue will
continue to be worn. Short skirts are cut
jn the same way as formerly, and flounces
put on in different ways, will still be fash
ionable. Anew and pretty heading for
flounces are two rows of untrimmed points
ofsilkof some suitable color, these being
simply turned down, and lined with foun
dation muslin. They are suitable to be
worn wherever silk is suitable. For house
dresses the sleeves will be large and flow
ing, the coat more for street wear. Avery
fashionable sleeve is the Alexandria, which
Is somewhat large at the top; slightly
gatered at the elbow, to a band, above
which are two rather narrow frills, point;'
ed or scolloped, to correspond with the
rest of the dress, and a deeper frill hangs
be.ow. Another handsome sleeve is puffed
at the top, a puffed band is at the elbow,
below which Is a pointed or scolloped frill,
which is placed over the plain, flowing
sleeve below. An excellent material" ftfr
Spring wear is the beaver mohair, which
is, as yet, brought ontbnly In" black, and
the price ofwhieh rtirige# frb&'W-cefitsrtb'
$1 25. A suit of this ia .made., with Rus
sian pleats at the bottom, above which-i? a.
puff, headed by two p!featM ;, rufflfes tacked’
down. At the head of the _ pleats be
low, and the rqffles, are bands of vel
vet an inch 'Wide'. With this Is worn
an overskirt en panier, trimmed also
with pleats. The sleeves are puffed.—
Dresses somewhat worn may be remod
elled by placing frills of silk, of a contrast
ing color, the edges ravelled out, and show
ing beyond under ruffles of the same mate
rial as the dress. If the dress be some
what faded, these give character. Lace
will be very much used this Summer
for trimmings, and where the real lace is
found too .expensive, imitations can be pro
cured, which can scarce be distinguished.
Fringes also will continue to be worn. In
bonnets there are some striking novelties,
among which is the cottage bon
net, which resembles in shape the cottage
bonnet of former days, very much smaller,
however. It is worn on the top of the
head, and is tied under the plaits at the
back of the head. The Fanchon will not,
despite any changes, be discarded, it being
too convenient, too becoming to many
styles of faces to be laid aside. In round
hats there are as yet no special novelties,
the shape of those exhibited being mnch
the same as they have been all Winter.—
Some of these are most profusely trimmed
with wild flowers. Shoes are much the
same. The white stitched boots are still
shown as Wmg stylish, and though some
dealers display a boot which is buttoned
down the inside of the foot, instead of the
outside, as formerly, a figure being on the
outside instead, and also on the top, these
will not likely be much worn. Heels are
lower and broader than formerly, which is
a marked improvement. The Marie An
toinette slipper is%till considered the most
stylish. For Spring materials, silk serges
are very desirable, as are also poplins, the
various kinds, and mohairs. Dress pat
terns of French lawn, in the same style as
last year, broad stripes belqw and narrow
er above, may be had for from $4 50 to
$5. - Willoughby.
[Columbia Correspondence Charleston News.
Two Distinguished Carolina Statesmen.
FRANK ARNIM
is amative of Prussia, served as captain in
the Federal army during the .war, after
which he settled in Edgefield county, and
was sent to the Benate by the Radical
party to represent it. He also, holds the
position of county commisioner of Edge
field county. He speaks very “broken
English,” and when excited, cannot be
understood at all. In the Senate he has no
influence, and is regarded as “unsound” by
the more bitter of the Radicals. On seve
ral occasions he has denounced the meas
ures of the party, which apparently were
introduced more for the benefit of a few
individuals than for the interest of the
masses. When the bill for the extension
of the limits of Columbia—a measure to
secure the election of Radicals to the mu
nicipal -offlees—was under consideration,
he bitterly opposed it, and offered to amend
it so as to provide that none but Republi
cans should ever be elected to fill any of
the offices of the city—thus showing the
object of the supporters of the bill. A few
days before the adjournment he startled the
Republicans by making a speech against
A. S. Wallace, who, he asserted, had said
he had kept him (Arnim) out of the peni
tentiary when he was qnder arrest for
alleged revenue frauds. He closed his
speech by saying that he had occupied the
time of the Senate not merely for personal
purposes, not merely to remove the scan
dalizing influences of the man who claims
to be a representative elect, but to show to
the Republican portion of this body that
there is a stain winch attaches to this can
didate who proposes to represent us, deep,
dark, and infamous enough to send him, as
an official of the United States Govern
ment, to that penitentiary where he would
have immured him (Arnim), and, as a poli
tician, to consign him (Wallace) to an ob
livion from which he should not emerge
while honest men walk the earth. Annin’s
motto is said to be: “Presidcut Grant says,
‘Let us have peace;’ Gov. Scott says, ‘Let
us work ;’ but Frank Arnim says, ‘Let us
have the money.’” It is thought that
Arnim, who is a “long term Senator,” will
resign before his term expires.
R. H. CAIN,
the “ religious Senator, on “ Senator num
ber two,” represents Charleston. lie is a
colored man, boasts of his pure negro
blood, is a shrewd politician, a clergy
man and an editor. He speaks frequently,
and when he secures the floor, it is alto
gether a question of time when he will
yield it to any one else. He possesses
considerable influence with the colored
people of the State. In his speeches he
repeats very much, and uses a great deal
of slang mingled with scriptural quota
tions. He is listened to attentively, and
his remarks generally elicit merriment.—
He lived in the North, apd North and
Southwest’ previous to coming to South
Carolina. Since his arrival in the Pal
metto State, he has been organizing Metho
dist congregations among the colored peo
ple, making political speeches, and filling
the editorial chair of a litHe paper publish
ed weekly in Charleston. He has a keen
sense of humor, and frequently makes
humorous sotto voce remarks. Charleston
and the Charleston business men are not
particular favorites of the Radical senators
from the upper districts, and in their
speeches they would occasionally allude
in not a very complimentary manner to
them, calling them—our most prominent
citizens—by name, whereupon Cain would
always remark; “ Don’t abuse those men,
they are my constituents,” which remark
would generally “ bring down the House.”
Cain believes in the negro having all of his
rights, and is now clamoring for offlees for
them, and telling the carpet-baggers who
have seized them that they must vacate, as
the negroes are in the majority and are en
titled to them. Asa specimen of Coin’s
style of speaking, we give the concluding
portion of his speech on the sinking fund
bill, which he intimated was in the inte
rests of capitalists: “ Capital will win ; it
is useless to attempt to stop it; yon may
check it for awhile, but It will, in the end,
go ahead, and when 1 see a richly ireighted
ship wafted by ambrosial gales towards an
ambrosial haven, I always jump aboard
and go along with it.”
A Successor for Whittemore.
PROPOSED NOMINATION OF A RESPECTABLE
COLOBED MAN.
The Chesterfield Democrat , in the follow
ing article, advises the white people to join
hands with the respectable negroes, and
elect-a colored man in the place of the
lamented Whittemore:
It will not be long before a writ of elec
tion will be issued to fill the vacancy 44 oc
casioned by death, resignation, or other
wise of the Hon. Rev. B. F. Whittemore,
Esq.” In the meantime the Democracy
should consider the proper course to be
pursued.
The grand object ought to be, and we
presume will be, to prevent another carpet
bagger or meaner scalawag from misrep
resenting any portion of our people. To
do this we will be compelled to join our
votes witji those of the decent portion of
the native negroes and secure the election
of the best men from their ranks that can
be found. This, we believe, can be easily
done. They have sense enough to see that
they have been cheated out of all the best
offices by such men as Whittemore, and
that when one of their color is brought
prominently forward it is almost always
some Yankee free negro and not a native.
With the help of the Democracy, they will,
readily perceive that a respectable South
Carolina negro may now be elevated above
the heads of these strangers, and occupy,
we trust, with a great deal more credit to
his race, a seat which the greater leader of
the carget-bag gentry was pronounced unfit
to retain.
We are sure there are numbers of decent
negroes who hold the conduct of Whitte
more in contempt, and would like to have
:the opportunity to vindicate themselves
from the suspicion of endorsing such a man.
If they really are not bound soul and body
to the party which Whittemore represents,
a regard for their own character will drive
them to.the course we suggest.
Let a decent intelligent negro be put in
nomination at once rather than a low, dirty,
tricky, dishonest white man, who has no
interest in the country, no attachment tor
the people, ho idea of justice, no regard for
truth, no respect for himself or anybody
else.
* Name the man at once.
David R. Strother, an old and prominent
citizen of Edgefield, died on the 18th ult.
[From the New York Worid.
The Piegan Massacre.
The published documents in the case of
the Piegan Indians show that General
Sheridan’s late glorious victory in Montana
was a premeditated massacre of one hun
dred and seventy-three helpless savages,
ninety of whom were children. The first
of these document is a letter, bearing date
on the 21st of October last, from General
Sheridan to the War Department, in which
that officer, after referring to certain alleged
Piegan depredations, says:
“I think it would be the best plan to let
me find out exactly where these Indians are
going to spend the winter, and about the
time of a good heavy snow I will send out
a party and try and strike them. About
the 16th of January they will be very help
less, and, if where they live is not too far
from Shaw or Ellis, we might be able to
give them a good hard blow which will
make peace a desirable object. To simply
keep the troops on the defensive will not
-stop the murders; we must occasionally
strike where it hurts, and if the General-in
. Chief thinks well of this I will try and steal
a small force on this tribe from Fort Shaw
or Ellis during the winter. It numbers
fifteen hundred—men, women and children
—all told.”
It will here be noted that General. Sheri
dan purposes to “ strike” these Piegans. in
number “ about fifteen hundred—men,
women, and children—all told,” at a time
when they had ceased to commit depreda
tions anthgone peaceably into winter quar
ers. He thinks they would be “ vtdy help
less” then, and that he might reasonably
hope to steal upon them.
bach fascination, in fact, does this pros
pect of sneaking upon a few behambed
Piegan warriors, squaws, and pappooses
exert npon him, that he cannot remain
satisfied with one letter expressive of his
views, but must write another, this time
under date of November 15, and saying:
“It will be of no use to make the attempt
unless the positions of the villages are well
known. Then the greatest care should be
taken to keep the Indians from gaining any
information on the subject. It will be im
possible to strike these marauders unless
the greatest possible secrecy is maintained.”
This secrecy was maintained; the “ steal"
was a success; and, in a communication to
the War Department of the 29th January,
General Sheridan plumes himself on the
slaughter of one hundred and seventy-five
Indians. Os these, Mr. Vincent Collyer,
whose communications, it must be remem-,
bered, are fully as official as General Sheri
dan’s own, states that but thirty-three were
in any sense fighting men, that ninety were
women, and fifty children under twelve.—
Further than this, Mr. Collyer states that
the whole village had been suffering for
over two months prior to the massacre
from a peculiarly malignant form of small
pox. The authority for these statements
is given by Mr. Collyer as Gen. Sully and
Lieut. Pease, of the United States army.—
Comment is unnecessary. Gen. Sheridan
richly merits a court-martial; for, allowing
the surprise and killing of the thirty-seven
Piegan braves, what shall bes iid of the
murder of four times that number of wo
men and children ?
The Public Debt.— The following is an
abstract of the statement of the public
debt, as shown by the returns in Trea
sury Department on the morning qf March
Ist : 1.
DEBT BEARING COIN INTEREST, g,
February 1,1810. M- Ah 1,1870.
Five per cent, bonds. $221,589,300 00 $s 00
Six per cent, bonds.. 1,883 316,900 00
Total $2,107,939,200 00 $2,10|939,650 00
DEBT BEARING CURRENCY INTEREM.
• February 1. jtfarch 1.
[Six per e»nt. Paclilc
Raitroad bonds... $64,457.320 00
Three per eent. Cer- -*»* *
tificates 45,530,200 00 45 565,000 00
Navy Pensions, 3
per cent 14,000,000 00 14,000,000 00
T0ta1.... $123,987,320 00 $124,012,320 00
DBBT BEARING NO INTEREST.
February 1. March 1.
United fc’tites Notes. $356,110,258 50 $866,109,978 50
Fiactional Currency. 40,063,612 62 39,950,039 OS
Gold Certificates.... 60,392,180 00 44,382,840 00
Total $446,565,951 12 $440,442,857 08
MATURED DEBT NOT PRESENTED FOB PTHrIINT.
February 1. March 1.
Total $4,653,048 64 $3,913,346 64
Total debt $7,682,645,517 76 $2,666,368,174 22
AMOUNT IN THE TREASURY.
February 1. March 1.
Coin $ 01,600,780 77 $P2.400,739 97
Currency 8,699,807 41 10,280,285 08
Total $10,'291,858 1 8 sll ",681 025 65
Bonds purchased... 96,256,800 00 99,287,800 00
$200,649,338 18
Debt less cash and ff
bonis in Tiea5nry.52,475,996,179 58 $2,4U,309,348 67
According to the foregoing statement,
says the Journal of Commerce, the debt
bearing coin interest has
daring the month if we take no scouut of
the $300,000 bonds that have
ed. The currency interest de64 has in
creased $25,000. The debt bearing no in
terest has decreased $6,123,093, jvhile the
matured debt outstanding is $79,700 less
than last month. The net decrease in the
debt is thus $6,177,343 54. The chin in the
Treasury has increased SBOO,OOO 20, and
the currency $1,589,478 27. Taking in here
the $3,000,000 bonds purchased, we have a
net increase of $2,389,487 47 in the Trea
sury assets, and a decrease of $11,566,831 01
in the debt, less assets in the Treasury.—
According to the Secretary’s mode of state
ment, ignoring the Pacific Railroad sub
sidy bonds, and combining accrued in
terest everywhere with principal, the debt
less assets in the Treasury is $2,438,328,-
477 17, a diminution of $6,488,811 75during
the month, and $87,134,789 84 since March
Ist.
The coined interest accrued, according
to the Secretary’s statement, $38,708,212 84,
against $32,847,394 82 last month. He
states the currency Interest at $525,550
against 717,950 last month. The interest
due on the matured debt is $524,048 37 ;
last month it was $533,668 88. The interest
on the Pacific Railroad subsidy bonds, of
which he makes no account in his totals, is
$637,551|20; a month ago it was-$315,240 60.
The Pacific Railroad companies haveduring
the month repaid by transportation, $70,-
733 81 of the interest already paid by the
United States on these bonds, making a.
total repayment of $1,994,074 61, leaving
still to be refunded $4,887,590 35.
[From the New York World.
Pea-Nut Protection.
That eminent North Carolinian Senator,
Mr. Abbott, of New Hampshire, has ad
dicted himself to learning the wants of his
constituency, and he has accordingly
signalized himself by presenting to Con
gress ,the resolutions of the Legislature of
the State of his recent adoption in favor of
a 44 tariff upon pea-nuts.”
There is no doubt that the protection of
that convivial tuber which is the object of
the fon&eolicitude of Senator Abbott is as
legitimate an object of legislation as any
upon which the majority of Congress is
wont to occupy itself. It may at least
be trusted to secure the ardent advocacy
of H. G. That philosopher objects to the
besetting tobacco and the maddening
44 rum.” He looks not upon the wine when
it is ’red in the cup, nor yet upon the
whisky when it is yellow in the tumbler.
But no man can subsist without relaxa
tion, and “no man,” as Dr. Johnson has
justly remarked, 44 is a hypocrite in his
pleasures.” H. G. has managed to retain
in his diet and In his dress the sweet sim
plicities of youth. His pastoral smile and
eke his boundless boots smack of the
haunts of his childhood, and weekly in the
Ti ibune he babbles of the green fields of
Chappaqua. It must be that the yearnings
of the child for 44 taffy ” and for pea-nuts
agitate also the abdomen of the man. His
essays on political economy are racy of the
pea-nut, and his diatribes upon capital
punishment smack of the homely sweetness
of the 44 taffy ” wherein It is compounded
with treacle. Arachis Hypogma is the meat
whereon our Greeley hath fed that he is
grown so great.* To 44 diversify American
industry” by prohibiting the importation
of the exotic esculent would not only be in
accordance with his theories as an econo
mist, but in sweet conformity to his prac
tice as a man. Although the pea-nut mo
nopolists would extort vast sums from him
and the other consumers of the indigenous
pea-nuL the industry of the iidustrious
miners bf pea-nuts would be protected and
the importers of the base foreign article
would dwindle, peak and pine.
Nevertheless the tariff upon pea-nuts,
though it might thus make the judicious
laugh, would full surely make the unthink
ing grieve. The gayety of the gallery
would be eclipsed and the glory of the rural
circus be departed. The South Carolinian
clay-eater \ypnld mourn for his “ pindar,”
and refuse to be comforted because it was
not. The Georgian cracker would go heavi
ly for his “ goober,” as one that mourneth
for his mother. No more the whizzing
shell of the ground-nut, hulled by the gods
of the gallery, would sting the noses of the
occupants ot the parquette. The abodes
of negro minstrelsy would become a cheer
less void. The Bowery Theatre would be
converted into a silent wilderness. In be
half of the great masses, we implore Con
gress to keep up the cheap amusements of
die nation, and refase to convert the famil
iar pea-nut of poverty into the rare indul
gence of the rich.
[From the New York Post,
The Pneumatic Railway.
The Pneumatic Railway Tunnel is stead
ily pushing its subterranean way, and ex
tends, at present, from the corner of Broad
way and Warren street to a point half-way
between' Murray and Barclay streets. A
view of it disappoints the spectator most
agreeably. It is painted white, and bril
liantly lighted with gas. Throughout its
length it is of brick, and circular in form,
and 8 feet in diameter. At the upper end,
the vault is quite spacious. Light is ob
tained by means of glass inserted in the
sidewalk above. An attractive finish is
given to the walls by a wainscoting of oak
and walnut iq- stripes. A railway runs
upon the floor of the tube, which is 21 feet
from the surface of the street. It is used
for conveying the earth toward the entrance
as the tunnel proceeds. Upon this road
stands a long passenger car, which is used
for this purpose. It can be fitted with
seats, if necessary, for experimental trips.
A visit to the tunnel convinces the specta
tor of the feasibility of the enterprise, and
gives a feeling of safety from any danger by
the caving in of the earth.
The mode of excavation is ingenious and
novel.
In the office of the company, in the base
ment of Devlin’s building, is a gigantic
iron cylinder for the working of the fau
which is to propel the car. The upper half
only of this cylinder is visible above the
floor. Adjoining the office is the engine
room, where stands a boiler and an engine
of 85-horse power. The tunnel is gradual
ly lengthening, at the rate of four feet a
day, but, from the circumscribed space,
only two men are able to shovel the earth,
that falls through the action of the rams.
At this rate progress would be necessarily
slow, and many years might elapse before
the work could be finished through the
length of New York Island. The plan of
the company, however, is to sink shafts
and carry on operations at numerous points
along the line. . The rapid completion of
the undertaking will, therefore, be more a
question of capital than of time. The
public will soon be admitted to view the
tuuuel and ride in the car. There is but
little doubt on the part of the company
that abundant funds will be obtainable
when the practical working of the tunnel
has been demonstrated. The design, on
the completion of the tunnel, is to run the
zar at the rate of one mile in a minute.—
This cannot be doue at present. The dis
tance is too short for quick stoppages.
The charter of the company at present
permits only the carriage of freight; but
as passengers cau be transported with
equal facility, there is no doubt that it will
be amended for that purpose.
Words of Soberness.— Moore' » Rural
New Yorker repents of its article of January
15th, headed “Shall We Go South?” and
in a recent number indulges in the follow
ing sound and sensible remarks:
Nor do we forget that the Southern peo
ple, as a whole, are doing nobly, industrial
ly, despite the disadvantages under which
they labor. We do not forget that the
war left them “ without capital, without
efficient labor, and without banking facili-,
ties.” We do not forget what the wreck
of war is, nor how disheartening must
have been the look-out for the people of
the South when the war ended. We know,
and have not asserted to the contrary, that
’there are very many men in the South who
are actively and successfully engaged in
its industrial redemption.
Tiiere are many noble young men who
are entering into this work of regeneration
with great vigor, and with a right dis
cernment of the needs of the country.—
Young Echols, editor of the Rural South
erner, at Atlanta, is a worthy example of
what the youug men of the South may do,
and of what many of them, wc hope, are
doing. Aud such yonng men as Echols
should be honored and encouraged. As we
said in our former article, the young men
Os the North, with practical knowledge
and skill, and a will to work and identify
themselves with the industrial develop
ment of the South, canftot find, in our
opinion, a more inviting field within the
Republic. But such men should go there
to work—not to speculate ; not to enter the
political nor the professional field.
The South has too many politicians and
professional men now. She needs workers
—men who will co-operate with the best
men of the South to develope her resources,
build up manufactories, regenerate her
soils by skillful culture, and utilize her
natural wealth. We have no word to say
to discourage men with such motives from
migrating'to the South. And that such
men may succeed notably there, we have
evidence enough. The True brothers, from
Western New York, are examples of what
the young men of the North may do there.
They are tne sort of “ carpet-baggers” the
South needs, and the class her best and
wisest men will welcome.
Tobacco as a Crop.— The cultivation of
tobacco in Georgia can be prosecuted with
great profit. The lands in several sections
are particularly adapted to the successful
growth of the weed as a profitable crop. It
only remains for farmers to ’advise them
selves of the proper system of culture and
care in the management of this crop, to in
sure a yield of profit, in many instances, far
greater than is derived from the growth of
cotton. Not a pound raised within the
State need be sent abroad for a market.—
Augusta and Atlanta are provided with
factories which will be found adequate to
manufacture all that may be produced. We
trust that some of our readers, who may be
familiar with the cultivation of tobacco
will take the pains to disseminate their
knowledge throughout the State. The
Dalton Citizen says, on this subject:
We have been requested to urge upon
our country friends the importance of rais
ing tobacco as a crop in this section. It is
very profitable. We learn that an old gen
tleman of this county, with a young son,
and only one horse, cleared eight hundred
dollars last year off of his tobacco, after
making corn, wheat, &c., to do him. That
beats cotton planting all to pieces. Won’t
somebody tell us how to cultivate tobacco ?
The Proper Citizenship. —The male
citizens of Zanesville, Ohio, have peti
tioned that women may be invested with
all the rights of citizenship, and also with
all its duties, namely: that they be liable
to military, jury, and road duty ; liability
for their own and their husbands’ debts;
and that if a woman refuse or neglect to
provide for the support of her husband and
family, a divorce shall be granted, award
ing alimony to the husband.
A Washington letter says: “San Do
mingo will.be admitted as a State of this
Union before the end of the present session
of Congress. The ‘ acquisition’ will add to
the public debt four times the amount the
Secretary of the Treasury pretends he has
reduced it. Besides, the Government will
have made an addition to the national bur
den of an entire nation of paupers. I verily
believe the annexation of Central Africa,
from the rise to the month of the Quarrie
river, would find advocates among the
negro lovers of this Congress.”
Rev. John McClintock, D. D., President
of Drew Theological Seminary, at Madi
son, N.J., died on Friday. Dr..McClin
toek was a man of high scholarship, and
the author of several valuable works.
Among the published works of Dr. Mc-
Clintock are an “Analysis of Watson’s
Theological Institutes,” “Temporal Power
of the Pope,” “ Sketches of Eminent Meth
odist Ministers,” and “Biblical and Theo
logical Dictionary,” which he has prepared
in connection with Dr. Strong.
Rest.
Tbe following lines were found under the
pniow of a soldier who was lying dead in a
hospital near Port Royal, South Carolina : •
I lay me down to sleep
With little thought or care
Whether try waking find me
Here or there.
A bowiDg, bewildered head,
That only asks to rest,
Unquestioning, upon
A loving breast. ,
My good right hand-forgets
Its cunning uow—
To make the weary march
I know not how.
I am not eager, bold.
Nor strong; all that ie past ;
I an? ready not to do
At last, at last.
• My half-day’s work is done,
And this is all my part;
I give a patient God
My patient heart,
And grasp His banner still,
Though all its blue be dim,
These stripes, no less than stars,
Lead after him.
[From tho Radical.
On Catching Colds.
Dr. Symcs Thompson, Professor of Medi
cine at Gresham College, London, has re
cently delivered a “ Gresham Lecture ” on
catching colds. The following extracts
will be of interest to our readers:
The prevention of colds is to be accom
plished by keeping the skin in a healthy
aud vigorous state, so that it may at once
resume its proper and normal condition
when chills have been suddenly applied to
it; then the internal congestions are avoid
ed or removed simultaneously with the ex
ternal contraction and stagnation. The
habitual use of cold bathing in the early
morning is one very powerful means to this
end; it trains the vessels of the skin to
rise vigorously into renewed action after
the application of a chill. The relaxing
influence of over-heated apartments should
be avoided, because that saps the power of
vigorous reaction; but, in cold weather,
the utmost care should be taken to have
the entire skin efficiently protected by
warm clothing. The powers of the system
in periods prone to the production of ccflds,
and most especially when the temperature
of the externa! air is between 82 and 40 de
grees of Fahreuheltt’s heat scale (for that
is the condition in which the danger is
found to be most certainly incurred) should
be most carefully maintained by the judici
ous use of sustaining food, and by the avoid
ance of every kind of injurious derange
ment or excess. When once internal con
gestion has been set up, and the cold has
been “ caught,” the thiug to be done is im
mediately to bring back vigorous circulation
and exhalation in the skin. The Turkish
bath is one of the most convenient and cer
tain of all contrivances for insuring this ob
ject; in its absence the vapor bath or hot air
bath may be employed. The action of the
bath is to be reinforced by the administra
tion of stimulants, first and foremost
amongst which stands concentrated food.
There is one expedient both for preventing
and curing “ colds,” which was not allud
ed to upon this occasion (says a writer in
nature), but which is, nevertheless, as pow
erful as any of the measures which were
described, and it may sometimes be drawn
upon In circumstances when those plans
cannot be" adopted, in consequence of the
sufferer being compelled by the exigencies
of life to continue to meet exposure to
chilling influences. This is abstinence from
drink, and liquid food of any kind, until
the internal congestion is removed. The
remedial action through the skin does its
work by drawingaway the superabundance
of the circulating fluid from the overcharg
ed part. But this desirable result is even
more certainly insured if the general bulk
of the circulating fluid, or blood, is dimin
ished by withholding supplies of the more
liquid, or watery, ingredient; which may
be doue where the digestive power is unim
paired, without in any way diminishing the
richer or more immediately nourishing por
tion. The instant the general bulk of the
circulating blood is diminished, the excess
contained in the congested and overcharged
membranes is withdrawn, and the cold is
relieved. Somewhat severe thirst sets In ;
but, curiously enough, simultaneously with
the occurrence to this thirst, the congested
internal membranes grow moist, and exhale
gently and naturally in consequence of the
relief of the overcharged vessels. All that
is then necessary is to keep the supply of
drink down to the point which enables
some measure of thirst to be maintained,
and during its maintenance there is not
the slightest chance of the recurrence of
the cold.
Face Powder and How to Use It.—
The lady correspondent of the Chicago
Journal says:
The use of face powder has been the
source of infinite ridicule so fossil bachelors,
and of deprecation and horror on the part
of respectable old ladies and prim young
ones. Now, lam its unyielding champion.
I would as readily think of surreptitiously
using my tooth brush as of being ashamed
of my powder box. It is not the use of a
thing, but the abuse of it, that injures.
When I see young ladies with faces incapa
ble of smile or dimple, as thickly white
washed as the side of my room, with dabs
of red on each cheek bone, and the ears
and neck, from comparison, showing sallow
and dark, I involuntarily turn aside to drop
the briny tear, first for my sex, then for
my theory. Every lady knows, that
after bathing, or in Summer time, the face
is apt to look oily. Now, why I should
go about with a forehead like a bottle, and
a nose like a placid Summer lake, quite re
flective, when by the wise application of a
little harmless powder I can improve my
appearance is a conundrum beyond my
solving. If any can answer it, let them
enlighten me forthwith. Not long since
a crusty bachelor discovered a bit of
powder in my left eyebrow. His soul was
stirred within him, and the torrent of de
nunciation unsealed. What did I do?
Blush? Not a glimmer. I went and got my
box, I explained its use, I waxed eloquent,
and my burning thoughts, clothed in breath
ing words, so convinced that human being
that I was enabled to illustrate my theory
practically, and with subdued triumph, pow
dered ray listener’s face, and won from him
the remark that “it was all right—a nice
thing.” Let me tell you—although half of
you might teach me, I suppose—how to
put powder on. After bathing the face,
before drying, apply a little glycerine, with
or without dilution of rose water; then
take a flannel cloth and mb the face per
fectly dry. Then with a bit of cotton
or puff, throw the powder on, without
friction. After which let matters rest as
they are until you have entirely completed
your toilet. When all is done, and “bright
as the sun, fair as the moon,” etc., .you
stand before your tiring glass, prepared for
such harmless slaughter as is the “right” of
our sex, take a soft linen rag a.nd remove
all traces of powder, going into a strong
light, and investigating every eye-brow
and dimple. (If past the day of dimples,
examine closely the wrinkles.) After this
operation, conscientiously performed, if
you are not satisfied with yourself, just
give up to destiny, and look to inward
adornment. Let rouge alone. - The best
store to buy carmine tints at is Nature s.
Take brisk walks, drink milk, and ignore
tea and coffee, gravies, spices, and candies;
and if you don’t have cheeks and lips like
hill-side strawberries, call me a prevari
cator.
A Negro Major General.— Puello, the
commanding officer of the Spanish forces,
with whom General Jordan was engaged
in the last battle in Cuba, is a full blooded
negro, bom and raised in St. Domingo.
He now holds the high commission of ma
jor general in the Spanish army, and is the
third ranking officer on duty in Cuba- In
appearance he is a strong, muscular man,
six feet high, broad shouldered, and coal
black. General Fuello’s staff is composed
entirely of white officers, representing some
of the proudest blood of Spain. Should
Deßodas and Valmaseda through the
chances of war both be killed, rented,
disabled, Puello, by virtue of Wsrank,
would take command of the Island pf Cuba.
Harvest Turner; for thirty-five years
crier of the court in Edgefield, died on
Monday, 28th ult., in the seventy-fourth
year of his age.
Columbds Is overrun with' a horde of
peddlers of every description, from patent
medicines to pins, pens, books and pictures.
3Y . TELEGRAPH.
:v: - —.- 4■ i
[Associated Press Dispatches.
WASHINGTON.
Washington, March 9.—Advices from
New Hamshire show that the Republicans
carried the State and Legislature by a re
duced majority. Chandler, doubtless, will
come to the Benate.
Committees did nothing.
In the House, a resolution allowing the
widow of Stanton the gross salary as
Supreme Judge meeting objection, it went
over.
The Air Line Road to New York was up
in the Senate.
The Finance Committee reported ad
versely to the House bill extending tiie
time of bond for whisky.
The Judiciary Committe reported back
the House bill, with a recommendation that
it pass.
Washington, March 9—-P. M.—ln the
Senate resolutions of the Texas Legisla
ture in favor of a postal telegraph were
presented. /
Trumbull, from the Committee on the
Judiciary, reported the House bill for the
admission of Georgia. He stated that the
Judiciary Committee were opposed to any
requirements, but ip the face of two de
cisions of the Senate, they would make no
counter report. This bill imposed the same
conditions as the Virginia aud Mississippi
bills, the only addition being the first con
dition in Mr. Bingham’s amendment. He
asked the present consideration of the bill.
Boreman objected, and it went over.
Several other Senators desire discussion.
The funding bill was resumed. Adjourn
ed.
In the House, thirteen Pennsylvanians
petition for a reduction on teas, sugar and
coffee.
The House refused a second to the Air
Line Road.
The bill reducing the number of army
officers was taken up. When that is dis
posed of the new tariff bill will be consid
ered. Adjourned.
Revenue to-day, $835,000.
Quesada and party visited the President
to day, and subsequently visited Fish.—
The interviews were unofficial.
The President nominated W. R. Hardy,
Assessor ThirdLouisiauaDistrict; Emons,-
Attorney Northern District of Florida.
The Finance Committee of the Senate is
divided on the whisky bond question..—
There will be a minority report.
Secretary Portman, of the American Le
gation Ju japan, writes that investigation
relative to the Oneida disaster is proceeding
at the English Consular Court. Lady
Parks, wife of the British Minister to Japan,
was a passenger on the Bombay, and will
be one of the witnesses. The most intense
feeling prevails during the investigation.
NEW YORK
New York, March 9.— Private dispatches
re.iort the failure of several Liverpool and
Manchester cotton houses.
Professor Doremus finds no signs of
poison in the remains of Captain Jackson’s
body.
WEST VIRGINIA.
Wheeling, March 9.—A body of armed
men released the prisoners from the jail at
Charleston, the future capital of West
Virginia, in daylight. The Governor pro
poses calling on the Federal Government
for aid.
KENTUCKY.
Louisville, March 9.—Breckinridge, in
a criminal argument, denounced members
of the Ku Klux Kian as villains or idiots.
FOREIGN.
Havana, March 9.—Advices from the
City of Mexico report great rejoicing on
account of the victories over the Revolu
tionists.
London, March 9.—Additional proceed
ings in the Mordaunt divorce case will be
heard before a full bench.
The German and Austrian bishops have
agreed to oppose infallibility. It is gen
erally hoped the Pope will not precipitate
a collision with the Powers.
Paris, March 9. —France and other na
tions will demand special representatives at
the Ecumenical Council.
St. Petersburg, March 9.—J. M. Brown
provisonally succeeds Burlingame.
MARKETS.
London, March 9—Noon.—Consols, 92%.
Bonds, 97. Turpentine, 30s fid.
Liverpool, March 9—Noon.—Cotton
dull; uplands, 11; Orleans, 11%; sales,
10,000 bales.
Tviter —Breadstuffs firm. Lard dull.
Liverpool, March 9—Evening.—Cotton
steady ; uplands, 11; Orleans, 11% ; sales,
10,000 bales; speculation and export, 2,000.
Provisions generally dull.
Paris, March 9.—Bourse opened quiet.
Rentes, 74f. 55c.
New York, March 9—Noon.—Stocks
firm. Money easy at 5@6. Exchange
long, 8% ; short, 9%. Gold, 111%. ’o2’s,
coupon, 9%; Tennessees, ex coupon, 58;
Dew, 48; Virginias, ex coupon, 75% ; new,
72 ; Louisianas, 01d,74% ; new, 72% ; Levee
3’s, 74%; B’s, 84%; Alabama B’s, 95% ;
s’s, 65; Georgia 6’s, 82 ; 7’s, 92% ; North
Carolinas, old, 47%; new, 21%; South
Carolinas, old, 87; new, 87.
New York, March 9—P. M.—Money
easy at 4@6. Sterling heavy at 8%. The
Gold excitement continues; nearly SIOO,-
000,090 changed hands; all sorts of crazy
demonstrations; a private cable dispatch
reported the death of Napoleon and the
Prince Imperial, and a large amount was
sold during the flurry. Merchandize un
settled with declining tendency. Gold
closed weak and feverish at 110%@110%.
Governments closed feverish; ’62’s, 9% ;
Southerns—Tennessees and Louisianas
weak; others strong.
New York, March 9—Noon.—Flour
dull and sc. lower. Wheat dull and nomi
nally lower. Corn quiet without any de
cided change. Pork quiet; mess, $25.
Lard dull at 13%@13%. Cotton lower at
21. Turpentine drooping at 44%@45. —
Rosin in fair request at $2 05 for strained
common, $2 10 for good strained. Freights
firm.
New York, March 9—P. M.—Cotton
opened heavy and % lower, but closed firm
with decline recovered ; sales, 5,000 bales.
Flour s@lo lower; common to fair extra
southern, $5 75@6 10. Wheat dull, about
1 lower; Winter red and Western amber,
jl 26@1 28. Corn scarcely so firm. Pork
duli at $25. Lard—kettled, 14%@15. —
Whisky unchanged. Groceries and Naval
Stores dull.
Baltimore, March 9.—Cotton droop
ing at 20%. Flour quiet and unchanged.
Wheat—Maryland red, $1 35@1 45; Penn* -
sylvania, $1 26(31 28. Corn, 93(995. Pork,
$27. Bacon weak; shoulders, 12%<912%.
Lard, 15%@16. Whisky, slOl. Virginias,
old, 58; 66’s, 65 bid.
Louisville, March 9.—Corn quiet at 95.
Provisions dull. Pork, $27. Shoulders,
12 s Clear sides, 16%. Lard in tierces,
15%. Whisky dull.
Cincinnati, March 9.—Corn scarce and
unchanged. Whisky lower at 91(992.
Shoulders, 10%; sides, 14%<915%. Lard
dull at 12%@13%.
New Orleans, March 9.—Flour, $5 30
@6 12%. Corn, $1 10. Bran, $2. Hay,
$35. Mess Pork, S2B 50(929. Sugar
prime, 11%<912; others unchanged ; all
dull. Gold, 111%. Sterling, 20%. Sight
par.
New Orleans, March 9.—Cotton dull
and unsettled accurate quotations cannot
be given; middling, nominally, 21%; net
receipts, 5,948 bales; coastwise, 221; total,
6,169; exports to Liverpool, 8,270; Bremen,
3,130; sales, 6,500 ; stock, 242,288.
Charleston, March-9.—Cotton dull and
easier ; middling, 20%; receipts, 619 bales ;
sales, 300; stock, 24,227.
Savannah, March 9.—Cotton quiet; mid
dling, 20; receipts; 1,421 bales ; sales, 400;
stock, 56,885.
Galveston, March 9.—Cotton dull: good
ordinary, 18%@18%; receipts, 1,350; ex
ports—Bremen, 1,730; coastwise, 19; sales,
700; stock, 46,243 bales.
Norfolk, March 9.—Cotton dull and
declined %low; middling, 18%@19; re
ceipts, 200; exports coastwise, 111; sales,
50; stock, 6,902 bales.
Mobile, March 9—Cotton weak; mid
dling, 19%; net receipts, 458; coastwise,
450—total, 908; exports coastwise, 639;
sales, 1,700, part yesterday ; stock, 74,674
bales.
Cincinnati Semi-Weekly Market.
RETORTED MORRIS A REID,
Produce and ProcMonßrekers, Room No.
9, Pike Opera Ruilding, Cincinnati , Ohio.
Cincinnati, Ohio, March 6, 1870.
With tie decline in gold and inability to
ship South for Want of tonhhge, our market
for provisions during the past few days be
came very unsettled and prices declined to
quotations, closing with a light demand
and a continued difference between buyer
and seller of about %c. per pound on dry
salt meets and bacon.
Bacon— Sales to-day, shoulders, 11%;
clear rib sides, 15 ; clear, 16.
Bulk Meats— Shoulders, 9%; rib sides,
13%; clear rib, 14; clear, Unloose, for
meats fully cured; Me., more for packed.
Mess Pork— lnside city brands, $26 75.
Lard— Neglected at 14% for city kettle
rendered leaf; prime steam, 14.
Whisky— Held firm at 94 for High Wines.
Corn—Much of the receipts Is damp
and damaged; prime dry white or yellow
held at 85, including bags.
Oats quiet; held at 56058, including
bags.
Flour —Very little doing except in low
grades, which have become scarce, and are
selling at $404 25 ; superfine, $4 3504 50 ;
extra, $4 7504 90; family, $506.
Rates of Freight from Cincinnati to Augus
ta, Oa., via Louisville Short Line Railroad.
Bacon, per 100 lbs., $2 12%.
Pork, per bbl.,s2 51.
Flour, per bbl., $1 82.
Corn, per 100 lbs., 77%.
Grain and Oats, per 100 lbs., 77%.
Morris & Reid.
Augusta Daily Market.
Office Datlt Constitutionalist, )
Wednesday, March 9—P. M. s
FINANCIAL—
We omit quotations for Gold and Bllver, as
!ne continued decline In New York baa almost
suspended operations In onr market.
BONDS—City BOnda, 81083.
STOCKS—Georgia Railroad, 105.
COTTON—Tho market opened with a fair
demand at 19%c. for middling, but closed
quiet at 19. Sales, 489 bales. Receipts, 254
bales.
BACON—Fuir demand. We quote C. Sides,
18018%; C. R. Sides, 17%018; B. B. Sides,
17%; Shoulders, 14%@15; Hams, 21@23; Dry
Balt Shoulders, 13018% ; Dry Salt C. R. Bides,
17-
CORN—In good demand, and is selling at
$1 3001 35 from depot.
WHEAT—We quote choice white, $1 60;
amber, $1 5501 60 ; red, $1 5001 55.
FLOUR—City Mills, new, $6 50@9 00; at
retail, $1 $ barrel higher. Country, $609,
according to quality.
CORN MEAL—SI 40 at wholesale; $1 50 at
retail.
OATS—Bs@fl.
PEAS—Scarce ami selling at $1 80@2 00.
i 11 " —n i
Prices of the Necessaries of Life
and General Trade.— The New York
Tribune shows that the cost of the necessi
ties of life does not bear its proper relation
to the great indicator of values. In the
case of such staple productions as coal,
cotton, flour, sugar, &c., they stand pretty
near in their just relations to gold; but
comparing the present wholesale prices of
butter, cheese, eggs, beef, mutton, potatoes,
Ac., with those of December, 1864, when
gold was quoted at 222%, it appears that
they have not faleu, as a rule, over 30 per
cent., and in some cases have not fallen at
all. In the retail trade, the disparity which
should exist between the prices of the dif
ferent dates is still further lessened, and is
less than 20 per cent, against a difference
of almost 100 per cent, iu gold.
The New York Express, of Friday, states
that the gold decline unsettled trade In
mercantile circles, aud had a very depress
ing effect in the produce market. It says :
On the produce exchange, provisions of
all kinds were lower; flour declined 10 to
15 cents per barrel; wheat was dull and
almost unsaleable, notwithstanding the
cable reported an advance of one to three
pence in the Liverpool market. In the
staple of cotton great depression was felt,
and the marked difference in the views of
buyers and sellers brought business very
nearly to a stand still. Prices declined
fully one-half per cent, per pound, and
there was a disposition to speculate on
still lower prices in the future. The de»
cline in cotton of late has entailed heavy
losses on speculators holding cotton in
hopes of a Spring rise, and the market is
in that feverish condition which might re
sult in much lower prices if cotton on the
spot was thrown on the market freely.
TLe Express, of Saturday evening, how
ever, says:
Meanwhile trade has been affected during
the past week by the decline in gold, and
values have undergone a shrinkage, al
though the decline generally has not been
very marked. The fall in prices, however,
has had the beneficial result of stimulating
trade and the amount of merchandise dis
tributed from this point during the week
is larger than for any previous week since
the-opening o f the year. Buyers generally,
who have been delaying their purchases in
consequenee of the declining tendency of
gold and cotton, have taken hold more
freely, and, as a natural consequence, busi
ness is steadily on the increase. The
Spring trade has now fairly opened. The
principal interest has centred in the de
partment of dry goods, where the “drives”
in goods, generally, offered by the leading
firms, have had a tendency to stimulate
trade. It is a remarkable feature of the
trade thus far that the business has been
concentrated chiefly in the hands of the
prominent jobbers. The commission mer
chants and importers, especially the latter,
have been slow to make concessions, and
have, attempted to ignore the “ drives ”
offered by the leading jobbers. These
“drives,” however, in connection with the
decline in gold and cotton, have had their
effect, and prices are generally lower.
Silver Change in New York and Bal
timore.—ln New York we see it stated
that the shrewd. traders are extensively
setting .up specie payments on their own
account by paying out silver change, which
brings them additional custom, flrom the
novelty of touching hard money in dimes,
half-dimes aud “ quarters.” These dealers
buy silver in Canada for about ten per cent,
discount for gold, and, of course, lose but
little on the transaction. Canada is glut
ted with American silver, one bank having
at least three tons of It.
In Baltimore, on Saturday, many of the
city retail dealers, particularly those in the
public market houses, used silver as small
change. In this there seems to be at least
more than the “baseless fabric of a vision,’?
that the days of hard money circulation
are on the threshold of trade circles.
Gold Coinage of the World.—Of
$946,000,000 of gold which the United
States mint has coined since 1792, $844,-
000,000 have been issued since 1850; out of
$320,000,000 of gold Issued by the British
mint since 1608, £115,000,000 have been
coined since 1850; since 1726 the French
mint has coined 10,800,000,000 francs, 6,600,-
000,000 of which have been Issued since
1850; since 1864 Russia has coined 026,000,-
000 roubles In gold, of which 360,000,000
have been issued since 1850. ■
Insurance Business.— lt is remarked
that the development Cf insurance in the
United States has been very great during
the past ten years. At the present time it
is computed that the policies against the
fire and marine losses amount to' $3,092,-
000,000. The life insurance business in the
same time, it is asserted, has increased
from seventeen companies, issuing 56,000
policies, to over sixty companies, issuing
between 500,000 and 600,000 policies, for
sums amounting to $1,700,000,000.