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About Tri-weekly constitutionalist. (Augusta, Ga.) 18??-1877 | View Entire Issue (March 11, 1870)
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.
