Newspaper Page Text
— ■
i\’VvV4b tT W jurf
it; l/OL. LXXX.
Ijg ano Sentinel.
I * 0 f Subscription.
I rfiiti 250
I-.. 10 00
I i'**' trl-WEEKLY.
1 * 5 00
I . WEEKLY.
... ahui.,.
o ,\s\V K' K AND ALBANY
| jBE B ri 'baILROAD.
yX> ivh con)plains that the
litigation is being un
&■ protracted and that the
\ ' ,J officers of Court are getting
■* . s ; are of the earnings of the
' r It publishes a statement,
: r ~ 1 from the minutes of the
, nr t of Glvnn county, of the
: . yen on the funds of the road
~,, litigation commenced, from
;i , ,p f , a rß that the company not
, - ts attorneys, but also the fees
against it. Among
e hems"i s the hill of thfe Clerk of the j
'• r r.mrt amounting to within a:
!>S T dollars; ,at
ge-yen thousand dollars;
nhun
and book-keepers bill, j
SLi* hundred dollars. From be |
. it would seem to be to t e
, -erest of all parties to have the law |
p terminated as soon as possible.
pIfKK STATE THREATENED
lV,rl tVITH ANARCH'-
..teili.omco from West Virginia rep-
C(. r iu,is political complications
i„ that State, wliicli may yet
;|1 two rival State governments
. IK . a ] to the President, as in
* Tim first difficulty occurred
, i '. J ’; Pl >tion of Congressmen. The
■ i,..id that the twenty-second
, lt:is the day of election, while
" j r:l ts contended that the fourth
l„. r was the time fixed by law,
jjwrties elected their candidates
] v -. each refusing to take part
] „ contest. The Governor
p,, lirill .iamation which was so am
m lts terms that the Democrats
. j in the document a decision in
while the Republicans, with
jKj.sitiveuess, {inserted tliat tlie
sit-" Fugitive sustained their view of
nation. The tight on this issue
' ■ to he made before Congress
& j),-, -ember. The other and the
J,*’, st r i„!is difficulty originates in a
(hllefeiiec of opinion as to the manner in
w ; :, t home thousand or more State of
.vs sliall he tilled. The Constitution
It.ey shall he tilled by appointment.
I.j;, Tvccntive says that this means ap-
L,jit by tile < iovernor. The Leg
ir, mvs it contemplates appoint
.iiltlv ;i Board of Public Works select-
L |.v their body. Each party is deter
,’,l to act upon its interpretation of
li.eConstitutiou, and tin- result promises
Lj„. tv vupunts for every office in
tie State-each one claiming to bo the
1.-ightfnl appointee and legal incumbent.
IV officials chosen by the Executive
au d tlie officials selected hv the Legis
lative Prancii of the government will
,i , u lith ss t ndeavor to retain their posi-
Itmns by the strong hand, and chaos will
11..' i. mgurated in West Virginia as in
I SALE OF THE NUTTING BONDS.
I \ " •nuts from Atlanta represent that
■he Nutting bonds are being disposed of
|eiy r.ijully. Though the bonds have
I.i \t b■•■n engraved or issued, large
l r ; Te daily received, and nearly
|i.i hundi'“d thousand dollars have
■n idv Leeu ta^ en by citizens of Geor-
L Ft, mi these' indications there
lobe little d' oubt that most of
He i -lie mil go into the hands of the
li| iple of the State, and »"’ e will be re
itent from th# power of
io money changers of Wail street,
es intelligence must be very
o (L irgians, but the joy of the '
•a • ..It Aiht rli.-er is dashed because’ i
: .If of the amount invested, so far,
nt Nutting securities lias been in an
relmnge of old bonds.” This, as ,
I't-i’.el it, means that 'the Nut
r-"- are bring exchanged for past
oi accordance with the terms
■ itliori.'.ingtlu ir issue. The
M says:
-■ "Nutting bonds” wore au
" mMieil under the belief
' •'N t 1 he realized from
i rehive the pressing tinan
• 'Stae’iS of the State. It is
• result would he attained
:v ml sold .it par or near that
gobbled up by
' ''l ol ! bonds, it is quite
' necessities of the State
an I that other ways and
■■ : ’i be devised to make
I •■ftioieiiey.
t ; 1 Governor Smith and
the “pressing finan
“ments" of the State were
' ■ meet hinols falling
n our bonded iiulehted
■ m.ee of the past due
{issue is in effect a
* .• .• . f
1 the former, and the
L new bonds have only
ts, I ! pon the State for current
f I • tlu ' principal fails
•| B ' "t the chief objects , f
: S- that this object is b: ing
’ certainly no cause nt
- Loud which fall
u S it ; > the
* of the new issue.
) HIE WORLD.
at the present 1
. :it ion is being
■ ar own expeu
fl burdens under
cb B are unhappily
WL ■ tt> says it
the
..dfh B either Europe or
” Possible to give an
the! ital liabili
f»B There are
torKB ;s °we np
*e;B rhey are:
• ■ 748,000,000
et, 360,000,000
.. 355,000,000'
. y_XJ •••■•. 306,000,000
, 261,000,000
mi Mt! 124,000,000 ;
xfc. x 4ptal
Ntlebr £2,944,000,000 j
1 ( the German Empire!
‘ a little over £25,000,000. i
‘ States composing it, liow
the aggregate about £173,-
of the Empire
''c I’D.b.tbh ',l f
about £2*mo,ooo. The debt s of the
‘g it most heavily encumbered Euro
-1 ■* couutnea may in this wav e b
| * ea to about £3,152,000,000 !
ihore are six other countries in Eu-
I 1 "' hich owe their creditors more
r«T-?££S;*‘‘ «£
' Gland
Portugal ■■■■£. 80,000,000
■Belgium 64,000,000
Oreece 27,000,000
ftoumanta • 18,000,000
Denmark *3,000,000
Total.
These sir*' £ 214,000,000
000,000 to our n ri6S ’ theU ’ add X2l4 >-
Uie natio nTl v P b e r oUßtotal ’ and
n B ° f Earo P*> *°
- .”00,000. It must be remembered
! that we have excluded from this category
| all fractious of a million, and the debts
of all States which owe less than £lO -
j 000,000.
The debts of the rest of the world are
happily much smaller than those of Eu
rope, but even these are considerable.
America of course heads the list. The
different American States owe :
United States £433,000,000
Brazil 67,000,000
Canada . 21,000,000
Argentine Republic 16,000,000
Venezuela 15,000,000
Peru 12,000,000
Mexico 10,000,000
Total £573,000,000
Asia follows America at a considerable
distance. Her chief debts are :
British India £108,000,000
Japan 27,000,000
Total £135,000,000
The different Australian Colonies owe
in the aggregate £38,000,000. The chief
African debis are those of
Egypt £28,000,000
Morocco 10,000,000
Capetown 1,000,000
Total £39,000,000
The chief debts, then, in each of the
rive groat divisions of the world amount
in the aggregate to the following sums:
Europe £3,400,000,000
iaerica 573,000,000
VY'. 1 135,000,000
Australasia 38,000,000
Total £4,185,000,000
• If we add only £15,000,000 to this to
tal fur minor omissions, we are com
pelled to conclude that the nations of
the world owe their creditors £4,200,-
000,000 —a sum which at nearly 4t per
cent, must involve a charge of £lB9 -
000,000 a year. The figures are so stu
pendous that it is hardly possible to
comment on them. Rut it is a sugges
tive circumstance that with perhaps
three exceptions—the United States,
Germany and England—all these coun
tries are steadily increasing tlicir debts.
The greater portion of them have been
created within the memory of tlie pres
ent generation; the great majority of
them are rising still with a rapidity
which is adding annually hundreds of
millions to the national liabilities of the
world.
“HONEST OAKES” AGAIN.
The “honestest man in Congress,” ac
cording to General Butler’s standard of
honesty, has just made a neat point on
his quondam confederate, but present
enemy, Judge Kelley, of Pennsylvania.
Kelley, it will be remembered, denied
owning any Credit Mobilier stock, while
Ames swore that he held for him ten
shares, and when the Pennsylvania pro
tectionist tauntingly asked where that
stock was, honest Hoax promptly pro
duced the scrip from tlie depths of his
breast pocket. Kelley refused to re
ceive it, handed it over to the Chairman j
of the committee and persisted in a de- |
nial of ownership. After the investi
gation terminated, Kelley gave Judge j
Poland an order to turn the scrip over j
to the Treasurer of the United States. !
This was done and now Honest Oakes
wishes to know what right Kelley had to j
dispose of the scrip if it was not his !
own property, and he swore before the j
committee that he was not the owner, j
Very good for Oakes.
THE LEGAL TENDER ISSUE AND
TREASURY PROGRAMME.
There is some discussion at the Troas
i ury Department regarding the advanced
price of gold, and the Secretary takes
pains to say that it was not caused by
| any act of the Department. He an-
I nounces a determination to reduce the
i legal tender circulation to $350,000,000, as
j soon as practicable ; but it is evident,
from tlie low average of internal reve
nue receipts and continued large de
mands upon the Treasury, that this can
not be done by the Ist of April, as
promised, without a sale of gold. The
Secretary believes that the advance in
gold was caused by the large demand
for payment of duties, and it is thought
t.hat he will not hesitate to sell gold if
he peeds ready money hereafter. In
any evdnt, it may be almost certainly
expected that this programme of gold
sales and bond purchases will result in
as much currency for the Treasury in
April as in March. Last month the
Treasury sold §6,000,000 gold, and pur
chased $4,000,000 bonds. This month
it sold $(>,000,000 gold, and purchased
$3,000,000 bonds. There is no proba
bility of a lower margin of currency re
alized to the Treasury in April than
there will have been in March.
MASSACHUSETTS AND HER SENA
TOR.
For some time past many of the Re
publicans of Massachusetts —not the par
tisans—headed by such a man as the
poet, John G. Whittier, have been en
deavoring to get the Legislature of Mas
sachusetts to rescind the resolutions
adopted last Winter, censuring Senator
Sumner for what is known as his “bat
tle flag resolution." After referring the
petition of Mr. Whittier and his asso
ciates to a committee and hearing the
arguments for and against its adoption,
the Legislature has rejected it by a large
majority in both houses. At first blush
it would seem that hatred of the South
ern whites was the moving and sole
cause of this extraordinary action of
Massachusetts Republicans, by which
they condemn a man whose entire life
. has been engaged in and whose splen
did abilities have been devoted to the
service of i-be Republican party, and the
accomplishment pf- its dominant de
sign—the abolition of negro slavery. But
a closer investigation will prove that
such fa not the cause of this bitter hos
tility to Senator Sumner. Mr. Sumner’s
resolution was ;i measure in the interests
of conciliation and good feeling, which
received the endorsement and applause
of many of the leading Republican poli
ticians and journals in the different sec
tions of the Union. But afew days since
Mr. Wilson, now Vice-President of the
United States, but recently Mr. Sum
ner’s colleague, did an act much more
offensive to the rabid “rebel-haters” of
New England in calling our Senator,
the Confederate General Gordon, to pre
side over the loyal statesmen and Union
Generals who comprise three-fourths of
the members of the Senate. Yet Massa
chusetts has no words of censure for
Wilson, and the Legislature of the Bay
State finds nothing in .his conduct to
condemn. Mr. Sumner’s opposition to
what he so neatly termed Grautism is
the cause of his unpopularity and makes
i him “rank blasphemy” what in Ad
ministration men is but “a choleric
j word.”
the TAX PAYERS’ league.
After fighting the Kellogg usurpation
at the ballot box, in the .Courts, in the
State Capitol, in the Senate of the
United States and in the streets of New
Orleans, and finding themselves foiled
in every effort by the active assistance
which the National Administration ren
dered the usurpers, the people of Louisi
ana have not lost either courage or hope,
but propose to continue the war by the
only means left them to employ. As
they have been unable to obtain legal or
Congressional redress for their grievan
ces, they iifcye determined, if possible, to
starve the enemy into capitulation. To
I this end there has been recently organ
ized an association known as the Peo
ple’s League. The objects of this
League are stated to be to maintain the
legal government of the State, aud to
resist by all the legal and constitutional
means in the power of the people, both
active and passive, the reign of the
usurpation and tyranny that now en
deavors to exercise rule over the State,
and to that end especially to resist the
payment of taxes. The members of the
League, in furtherance of this design,
agree not to pay any taxes, either State,
city or parish, so long as the fraudulent
Kellogg government is maintained ; to
buy no property at tax sales aud to dis
courage, by every means in their power,
the payment or collection of taxes by sale
or otherwise. The government of the as
sociation is vested in a Central Council
located in New Orleans, aud in
subordinate councils in the differ
ent towns and parishes of Louisiana.
The League uudertakes to defend all its
members against all prosecutions and
charges which may be instituted or im
posed for the non-payment of taxes. —
The great mass of the people of the :
State seems to be thoroughly in earnest
in this movement, and fully determined
to pay no taxes levied by the Kellogg
Legislature for the support and main
tenance of the bastard government of
Louisiana. If they remain true to their
purpose and continue to adhere firmly
to their resolve to yield no tribute to
their oppressors, the usurpers will not
be able to remain long in power. If
nothing shall come into tlie treasury to
be stolen the hope of plunder which
united the band of thieves will fail, and
its members will soon grow weary of
places and positions which are destitute
of both honor and (what is far more im
portant to them) profit. Let us bid God
speed to the people of Louisiana in their
warfare with corruption and oppression.
THE ADVANCE IN GOLD.
The recent advance in gold has created
a good deal of excitement aud some un
easiness in financial and commercial
circles. On Monday the quotations
went as high as one hundred find eigh
teen and a half, and the market closed
with gold at one hundred and seven
teen and five-eighths. The Financial
Chronicle , in an able article on the sub
ject, thinks that the controlling cause of
this advance has been a report of a se
cret issue of two and a half millions of
greenbacks by the new Secretary of tlie
Treasury, in accordance with the law of
1862, which confers this power. Anoth
er reason has been the uncertainty as to
the future financial policy of the Admin
istration, which caused an uneasiness
that the bulls were not slow to turn to
to their advantage. Tlie dispatches
from Washington published yesterday
morning seem to indicate that the Gov
ernment has been given some alarm by
tlie advance, and has determined to pre
cipitate a conflict with the bull element
of Wall street. Mr. Boutwell s succes
sor is following out the line adopted by
Mr. Boutwell—and gold selling and
bond buying will recommence, Instruc
tions have been issued to the Assistant
Treasurer at New York to purchase one
million of United States boßils, and to
sell six millions of Government gold
during the month of April. What the
effect of this policy will be remains to
seen. If the alleged secret issue of
greenbacks did take place, the sales of
gold will withdraw more than the
amount of the currency issue from
circulation, and n decline! as sudden
as the advance, may ensue.
THE SUCCESS OF THE < ARLISTS.
The infant Republic Os Spain is
threatened with an early anl untimely
death. While the Republicans have been
quarreling among themselves and Mad
rid has been convulsed with ministerial
crises, the enemies of the Republic have
been steadily engaged in destroying its
power and weakening its influence.—
While the Republicans talked, the mon
archists acted; while the Federal lead
ers were endeavoring to construct a
stable administration, the Ourlists were
winning battles and capturing cities.
Asa consequence, the Republic is now
in a position of extreme peril, while tlie
Carlists, flushed with victory and san
guine of success, have a brighter pros
pect ahead than their caiie has ever
seen before. Unless the Latter meet
with a decisive defeat within the next
ten days, their columns may reasonably
be expected to shortly appear before the
gates of the capital. Don Carlos, in
stead of abdicating, as imported, is
buoyant with hope, and already feels
the crown of Spain to ba within his
grasp. Whether, ii) the evtut that he
does enter Madrid in triumph, liis ad
ministration will bring peact and tran
quility to the country is a question
which the future alone can knswer. It
seems hardly probable, however, that
the Republicans will cease their at
tempts upon power; even though de
feated, but rather that they will in turn
renew the guerrilla conflicts and preda
tory warfare which the Carlists main
tained after the overthrow of their
dynasty, and trust to time and to agita
tion to bring them success again, just as
they gave oucenss to their enemies.
THE CHARGES A&AlNftiT PAS
SERBY.
A few days since we noticed the fact j
that Senator Casserly, the Democratic
Senator from California, was charged
with having secured his election by the
employment of corrupt means. Tbe
specific accusation against Mr. Casseiiy
was that the Bank cf California, the
wealthiest and most powerful corpora
tion on the Pacific Slope, had been in
duced bv their desire to have a Repre
sentative in Congress to spend more
than two hundred thousand dollars to
insure bis success. TM 9 char » e wftS
eagerly taken np and dwelt upon bv the
Republican partisan press, Wld great
joy was felt and expressed that among
so many Radical Senatorial scamps .there
was also one Democratic sinner. MCas
serly’s corruption” was blazoned forth
iu the largest type, with the most sug
gestive Lead-Jines, and his conduct de
nounced in the severest language which
partisan writers could command. The
“people of California” were repicsuiited
by these veracious chroniclers as boil
ing over with indignation and clamorous
for the expulsion of their unworthy Con
gressmen. But, alas ! for these pretty
fictions, all the accounts received from
California expressly contradict and de
molish them. Iu that State the charges
excite only disgust and astonishment.
They were made by disappointed as
pirants and their friends when the elec
tion took place five years ago. The
Legislature which elected Mr, Casserly
had the matter before them at that time
and the State Senate, in which the Re
publicans had a majority, indefinitely
postponed the consideration of the
whole subject —the members show
ing by their action that they be
lieved the accusation to be with
out foundation. Iu addition to this,
Senator Casserly’s record as a Congress
man materially assists in establishing
his innocence. In no instance, either
by his votes or by his speeclies, has he
shown himself the friend or ally of the
Bank of California, or of any other cor
poration. His whole career as a legis
lator has been that of an honest and
AT (111 ST A, (xA., WEDNESDAY MORNING, APRIL 9, 1873.
faithful representative of the people.—
The false charges against him were made
by liia political opponents with the very
natural desire to shift someof the odium
lioui the Radical to the Democratic side
of the Senate. Not a single Demoei’atic
Senator had cast upon his election or
his conduct while in Congress a taint
of fraud or corruption, while Colfax,
Wilson, the two Pattersons, Caldwell',
I omeroy and Clayton, furnished ample
illustration of the purity and morality
of the Republican leaders. Tlie Repub
licans desired to procure Democratic
company for these worthies and tlie
stale • charges against Mr. Casserly
caused them to select that gentleman
for their victim. But, as wo have be
fore stated, the plot has been very
thoroughly and effectually exposed and
exploded, and the California Senator’s
character stands as fair and his reputa
tion as unblemished as it did before.
The saints must try again if they are
still determined to find a Democratic
associate for their seven immaculates.
THE VICTIM OF CREDIT MO
BILLER.
M hen the New I ork llerald several
months ago published a mock obituary
upon Hon. James Brooks, of New York,
as one of “the victims to the ravages of
Credit Mobilier,” that journal little
dreamed how soon a real epitaph would
be needed for the subject of the bur
lesque. Mr. Brooks is now lying dan
gerously ill in Washington City, and is
not expected to live for many days. His
illness is said to be less the results of
bodily' disease than of mental anxiety
growing out of the Credit Mobilier in
vestigation and tlie report recommend
ing his expulsion from Congress.
IMPORTANT LEGAL ARGUMENT.
An argument of great importance is
set in the United States Supreme Court
for the 3d of this month, involving ques
tions which are regarded with much in
terest by the legal fraternity. Under
the twenty-fifth section of the original
judiciary act a writ of error to the Su
preme Court of the United States to re
view any question decided by the high
est Courts of the States where the de
cision of such highest Court has been
adverse to the claim set up alleging the
supremacy of the Constitution, or
treaties or laws of Congress, the uni
form practice of the Supreme Court of
the United States has hitherto been to
restrict this jurisdiction to the consid
eration of the single question growing
out of the constitutional laws or treaties
of the United States. But in 1867 Con
gress passed anew law upon this sub
ject, which, it is contended, gives the
Supreme Court power, where the juris
dictional question arises in any case, to
consider and determine that particular
question and all other questions which
have arisen in the State Court. This
claim of further power in the Supreme
Court will, if sustained, enlarge the
j urisdiction to a vast extent in the mat
ter of reviewing the decisions of the
highest Courts in the States.
FUTURE TRIAL BY JURY IN GEOR
GIA.
After publishing an article from the
Chronicle and Sentinel, showing what
will be the effects of Erskine’s “jury
order,” the Rome Commercial says:
If the chains are already too tightly
bound around us, and nothing else can
be done—if the ears of the Government
cannot be reached and these corrupt
judges impeached—in the name of God
let us hold public meetings and publish
far and wide our grievances and the ap
palling danger threatening. The people
may be brought to reflect and tyrants to
tremble. Such a curse should not be
entailed upon our children, whose pro
perty, liberties, or lives may at some
time be at stake, if there is a possibility,
by an effort, of averting it. A partisan
judge —a partisan prosecutor negro
jurymen that cannot bo brought to un
derstand or regard the sanctity of an
oatli-r-and while citiiens, blood of our
blood, to be tried by them ! All that
Grant has to do is to inform Farrow that
such and such a prisoner—to subserve
party interest—had better be out of the
way. The judge and jury soon take tlie
cue—nor will witnesses be wanting at
the proper time. Ditrell, of Louisiana,
was given to understand what was re
quired of him, and when he had done it,
Gen. Grant-, as lie had previously as
sured him he would, no doubt, sustained
what he had ordered done, even to the
shedding of the blood of the people.
These are frightful pictures to contem
plate. But, reader, these are fearful
times in which we live.
Gov. Smith and the Georgia Milita
ry Institute.— The alumni of the old
Georgia Military Institute, of whom
there are many in different portions of
the State, were greatly disappointed that
the Legislature at its last session did not
make an appropriation for its re-estab
lishment at Marietta. The Marietta
people were dispossd to blame the Gov
ernor for the sins of the Legislature in
this particulrr. But the Governor, it
seems, on his recent visit to Marietta,
vindicated himself. The Marietta
Journal says:
We were called away from the Court
House last Wednesday just before Gov.
Smith made his speech, but we under
stand that the Governor set himself
right before our people in regard to the
Georgia Military Institute bill. His re
fusal to sign the hill was not because of
the existence of antipathy or enmity, but
it was owing to a disappointment that
the bill making it a State institution did
not pass with a liberal appropriation.
He stated that he heartily and earnestly
desired the re-establishment and endow
ment of this institution, and that his
personal and official influence would be
used to that end. A recent act of Con
gress gives to this State two million dol
lars for educational purposes, and we
are led to believe that Marietta will come
in for a large sjiarg of this fund, Gover
nor Smith haying intimated that he will
favor the distribution of a liberal por
tion in that way.
The Abolition of Slavery in Pobto i
Rico.- -Later advices from Madrid state j
that the act passed by the Spanish As- |
sombly for the abolition of slavery in
Porto Rico, while providing for im
w-Jj-ite emancipation, obliges the freed
slayes to remain jn the service of their
masters or other residents of the island
for three vears, and does not bestow
citizenship ugtil five years shall have
elapsed from the time of the passage of
the bill. This i3 designed, of course,
to avoid the precipitation of a political
and social convulsion, to graduate the
translation from slavery to freedom,
give opportunity for the reorganization
of labor, and prepare both master and
slave for the new state of Ibjngs in the
future. The indemnity to be paid to
the slave-owners is to be charged ex
clusively to the Porto Rico budget,
which will practically amount to the
owners paying themselves pnt of their
tribute to the Spanish Government.
Value of Manufactured Products.
An analysis of the manufacturing re
tnrnfe of the country shows the follow ing
gratifying results, as to the valne of an
nual products:
lron $628,303,855
Cotton and Woolen 611,495,177
Flouring and Grist Mills. . . 444,985,143
Leather 345,439, >3O
Lumber 252,339,029
Sugar and Molasses 119,>.-5,.-;./
Liquors (all kinds) 4 ’- 2 o’n>!
Tobacco, and its products.. > 1, > 62,044
Printing paper 25.000,000
Writing paper 9,000,000
Rook binding 14,000,000
Airrienlturai implements. . 52,066,875
Jewelry ....... 22,101,032
Patent medicines 16,000 000
Total 84,232,325,442
THE POSITION' OF THE COTTON
TRADE.
The weekly circular of Messrs. Watts
& Cos., dated Liverpool, March 14th.
contains the following comments on the
position of the cotton trade:
In cotton to arrive and for future de
livery the business has been large, but
prices for American have declined ;d. to
id. since 7th instant. We now quote
American, basis of Middling, Good
Ordinary clause, shipment from any
port, February, 9 7-16d.; February-March
to April-May, to 9 5-16d.' Direct
.shipments from New Orleans and Galves
ton are worth 3-16 to l more. Mav-
June delivery of Uplands, Good Ordi
nary clause, have been sold to-day at
9 3-16d.
Position, &c.—Annmber of causes
have, as remarked above, combined this
week to depress the market. The chief
of these are another largo week s im
port from America, say 81,212 bales,
making the import for the past fort
night nearly 200,000 bales; continued
large receipts at the American ports,
as compared with the last year, giving
rise to tlie increased estimates of the
crop; advices frongthe States that great
efforts will be made to plant a very large
crop this Spring; withdrawals of gold
from the Bank of England and apprehen- i
sions of an advance in the bank rate ;
the defeat and resignatipa of the Minis
try anand tlie
general election, which always more or
less interrupts business; unexpectedly
large shipments from Bombay to Europe
last week and the anticipation of a eon- |
siderable increase in tlie shipments in j
April-May and June of this as compared j
with the last year; and the recent very j
heavy delcine in New York oil future de
livery contracts.
On the other hand, there are not
wanting indications of an early restora
tion of confidence amongst holders. It
is quite certain the decline which has
taken place within the past week or two
is mainly due to the very heavy imports
from America, and consequent pressure
in some quarters to effect sales. Many
holders have taken a much more hope
ful view of the situation, and have re
fused to sell at the decline. The sup- j
ply of American in and afloat for this )
port is now only about 50,000 bales i
larger than at this date last year, and
about 300,000 less than tw’o years ago.
Last year for four weeks following this
date the deliveries of American—trade
and actual export—averaged only 31,185
bales for week, whereas for the past
two weeks the average lias been 45,404 j
bales, and it is not unlikely the average j
for the coming four walks will be so |
large as to reduce our supply one month j
hence to very nearly the figures of last
year. The receipts at the American j
ports will in an a few weeks have
dwindled to such proportions as to exert
a much less marked influence on prices !
than they have for some mopths past; |
and when this is the case the question j
of supply and consumption, until next
Autumn, will attract mucli|inore attention
than it does now. Upon these points
we see no reason to materially change
the estimates given in our report of 28th
ultimo.
In New York, April-May and June de
liveries have declined 1) cents per lb,
within the past two weeks. The small
stock and high prices current there last
mouth induced those who had sold j
“short” to purchase largely in the South- I
era markets, consequently tlie arrivals
at New York have recently been very
large, and they have had to deal with a i
large import at a time when their money i
market was very stringent; hence the
heavy decline, wliichdins been one the
prominent causes oft lie depression here.
But there being no longer any danger of
a “corner,” shipments from the South
ern ports to that city will now assume
their normal proportions, and an earl}
reaction in prices is not improbable.
One of the chief sources of confidence
amongst holders here is, however, found
in the fact that notwithstanding Ameri
can cotton has within the past two
months declined |d. on the better and
fd. to ljd. on the lower grades, 8f lb.
shirtings liaye actually advanced about
3d. per piece, and tlie improvement in
the India markets for goods has been
equally marked. At Bombay, 8 lb. shirt- j
ings are now quoted at sr. 14a. or about i
6d. per piece dearer than in February of
last year, when Middling Orleans was
selling here at 11-Jd. per lb.
The following table, compiled from
the Bbard of Trade Returns, shows the
exports of cotton manufactures from the
United Kingdom for one month and 1
two months ending 28th ultimo this and
last year. The figures are given in
1000’s yards and pounds :
Uue month ending Two months ending
28th February. ‘2Bth February.
1872. 1873. 1872. 1873.
Germany 5,043 6,064 13,065 18,060
France 0.444 10,729 20,741 19,086
Turkey 12,278 25,348 32,599 50,271
Egypt. 15,410 15.014 29,261 35,589
United States.. 25,949 25,645 50,914 43,482
China and Ja
pan 34,089 28,312 68,822 64,682
British India.. 79,806 88,516 179,503 164,799
Other coun
tries 88,560 99,293 171,496 182,619
Total G00d5(y5).270,579 298,921 566.401 574,444
Total Yarns (lbs) 15,891 17,264 32,657 35,235
The increase this, as compared with
last year, was last month lOf per cent,
in goods and 8| per cent, in yarns; and
for the two months 1 j per cent, in goods
and 71 per cent, in yarns; or. reducing
goods and yarns to one basis, the increase
for two months is about 3‘ per ceut. A
feature worthy of note in this table is
the large exports to the miner markets
of the world, summarized in the item
“to other countries.”
The stock held by English spinners
we now estimate at 155,000 bales, against
289,0fi0 last year,, and 107,000 the year
before at this date.
At Manchester a moderate business
appears to have been done this week,
buyers being disposed to hold off, be
cause of the downward tendency of this
market for cotton. Producers are, how
ever, so well engaged that only in ex
ceptional cases are prices any lower.
Quotations are for Bjib shirtings, 9s. 9d.
to 10s. for India, and 10s. lid. to 10s.
4id. for China makes; No. 40 mule yarn
lid., lLbl, and 15|d. for common, good
and best seconds; 32’s twist, ]3jd. to
13fd. per pound.
European Opinion of Grant’s Inaug
ural Address.
[From the London Standard.]
The inaugural message of President
Grant upon commencing a second term
of office is one of the most curious docu
ments which has ever emanated from
the ruler of a great and civilized nation,
speaking to the people whom lie gov
erns. President Grant has produced a
piece of composition which notably illus
trates what the author himself calls in
this message “ the benign influence of
education.” A mingled spirit of piety
and platitude shines through this re
markable paper. In the first sentence
we are called upon to applaud the fact
that ProyitJejico for a Second time lias
succeeded iu calling General Grant to
the head of the nation. A
sort of admission is made that the
President lias not hitherto justified the
choice of Providence in the remark that
when he first assumed office the country
had not recovered from the effects of
“the great revolution.” We may here
note that the civil war is for the first
time, so far as we can remember, called
a revolution.
From this sentence we pass to another,
in which we aie abruptly informed that
it is Gen. Grant’s “dm/ conviction that
the civilized world is tending toward
Republicanism.” The civilized world
js not only tending toward Republican
ism but, according to Gen. Grant, it is
doing so directly under American in
spiration, subject, as the movements of
Artemus Ward’s constellations were, to
the Constitution of the United-States.
It is not stated, but we have a right to
imply that the American Government is
the better qualified for this great civiliz
ing mission through the circumstance of
Congress having recently doubled the
salaries of the President, the Senators,
and the Representatives. If so much
has been done already for civilization by
a legislature which boasts or a Schuyler
Colfax and an Oakes Ames among its
members, what may the world not ex
pect when the virtue of Congress has
been steeled and fortified to the extent
of salaries fixed at 36,500?
The general grounds on which the
American President is favorably inclined
to view all overtures of foreign nations
for amalgamation with the United States
are stated by him in a sentence so preg
nant with great thoughts and so instinct
with poetry that it would be unjust to a
gentleman not usually given to this kind
of rhetoric to Omit quoting it in full :
“As commerce, education and the rapid
transit of thought and matter by tele
graph and steam have changed every
thing, I rather think that the Great
Maker is preparing the world to become
one nation, speaking one language—a
consummation which will render armies
and navies no longer necessary.” Ade
sign which has this double purpose—
not only of destroying all languages but
the American dialect of English, but
of effecting an economy in the naval aud
military administration of the United
States—we may naturally expect to hear
lias the encouragement aud support of
President Grant, who will recommend
to Congress any measures tending to
ward such ends.'
Considering what is the exalted mis
; s i° n °f General Grant, and the confiden
tial terms in which he stands with those
who, through the telegraph aud the
j steam engine are “changing every
thing,’ it is deplorable to learn from the
: President’s message that during his
) candidature for his present office he has
been “the subject of abuse and slander
scarcely ever equalled in history.” Even
thus does the world, Republican institu
tions notwithstanding, treat its best
benefactors. It is cheering to know,
however, that General Grant is not dis
couraged by the attacks of his enemies ;
that under the new stimulus to his
patriotism to which we have already al
luded, he is prepared to march in the
van of civilization, to be the guiding star
of the nations, and to extend the benign
influence of education even to the abo
riginal.
McDuffie County Affairs.
The McDuffie Journal gives a long
and interesting account of the recent
session of McDuffie Superior Court.
From it we make the following extracts:
CHARGE TO THE GRAND JURY.
Below we give the charge of his
Honor Judge William Gibson, to the
grand jury of McDuffie county, at the
March term of the Superior Court.
Mr. Foreman and Gentlemen:
In obedience to the requirements of
the statute, 1 proceed to give you in
charge such sections of the Penal Code
as the Legislature, in its wisdom, deem
of the first importance, and to call your
attention to such matters as I may con
sider of importance to your county.
Tlie oath which each of you lias taken
binds you to keep secret the counsels
and deliberations of your body, and that
you will discard in your actions all hate
or prejudice whatever, as well as all fear,
favor or affection, and that you will in
all matters act truly.
You have also sworn to diligently in
quire and true presentment make, &c.,
by which I understand that you are to
give extraordinary attention and dili
gence, and energetically inquire into
every matter given you in charge ; and
whilst you protect the innocent from
their persecutors , you will hunt for and
pursue the wicked, depraved and guilty
violators of the law into their most hid
den and secret hiding places, using your
skill and ability as well as every process
anil power of this Court to discover the
guilty culprit.
There is great wisdom in the oath of a
gr.and jury, as well as the duties im
posed and powers conferred. It is an
important element in Republican self
government ; and without a faithful and
efficient discharge of your every duty,
self-goyernment, or a government of the
people themselves, is a failure, and be
comes anarchy itself. No man can be
punished or even put upon his trial for
crime until your body shall have passed
upon his guilt. Let me beseech you
then, gentlemen, as you reverence the
institutions of our fathers, and the prin
ciples of self-government, to see to it
that life, lioerty and property are fully
and amply protected so far as a rigid
and strict enforcement of the criminal
laws of the State will secure the de
sired end. 1 am not satisfied, when 1 look
abroad in this once happy and pros
perous land of ours, that Repub
licanism has not proven a failure, and
that its once green and prosperous
growth is not now in the sear and yellow
leaf of decay. Behold the corruptions
in high places, yes, its vaunting ambi
tions, defalcations in places of trust and
confidence. Peculations, too, abound
in great numbers, and for almost in
calculable amounts. Bribery, usurpa
tions aud tyrannical oppressions, with
favoritism, seem to be almost universal.
No officers of the Government seem to
regard their conscientious duties where
partizan ends are to he advanced or pelf
to be gained. Our much traduced
Executive has had all his sins pardoned
and a salvo applied to his every umr
pation by a popular vote; aud like the
Plebiscited Napoleon, with liis eyes on
Berlin, serenely contemplates extending
his benign powers over all the nations
of Asia, Europe, Africa and America,
and the speaking of hut one tongue;
and to-day we behold the whole pewers
of the great nation actually subduing
Capt. Jack, of the Modoqs, and over
turning the government of the people
of Louisiana at the will of an unscru
pulous and corrupt Judge.
All of this could not be if the people
were strictly, rigidly and
consientiously honest, seeking uo other
favors from “the powers that be” than
simple and full protection in the enjoy
ment of their constitutional rights and
privileges, contented and determined by
honest and frugal toil alone to acquire a
living, with no gilded offices or fortunes
fixed in their minds to he acquired by
fawning, deception or dishonesty of any
kind.
To avoid, then, all pretext or excuse j
for any usurpations in your County, let
mo earnestly entreat you to do your
whole duty, warning you, tlitt by act of
Congress, you may now beftried in Sa
’vannah or Atlanta, where, by the ukase
of a Federal Judge, you may be put
upon trial before an ignorant, corrupt
and partizan jury, selected jby his parti
zan and unconscientious minions.
The several sections contained in the
tenth division of onr Code I give you in
special charge. They art intended to
suppress gambling with cards, dice,
balls and pins. I regie! that another
species of gambling in j cotton, called
futures, is not also it is certain
ly venal, corrupting and (immoral.
Lewdness and disorderly persons and
houses are also included'in said division
of the Code, and should receive your
! special attention.
All disturbers of iigblic worship,
whether conducted by/colored persons
or white, are alike criminals, and I also
give these sections in special charge ; as
also the offense of carrying concealed
weapons. My ownxippnion is that their
manufacture and salefin Georgia should
be prohibited. Thejvast revenues of
the State, thus uselessly consumed,
would educate numqrms indigent cliil-
I dren, and constitute a blessing to our
j people instead of a curse, as it now is and
ever has been.
No man is allowed to sell intoxicating
liquors without a license so to do, and
your Ordinary shorn 1 license none but
sober and orderly persons, under good
bonds to keep order; and when thus
licensed they shoo'd not be permitted to
furnish it to intoxicated persons; and I
pledge myself in advance that any re
tailer, convicte<| of selling or furnish
ing spirits of airy kind to persons when
unde*’its infjudfcce, shall have at least
six months quiet to reflect upon the
great injury he is doing not only the
man himself, but perhaps his helpless,
innocent wife, and worse than orphan
children, as well as society.
Your public roads, bridges and build
ings, as well ns the books, records and
duties of every officer should receive
your attention. A good and efficient
public servant regards not the strictest
investigation, while the indolent, care
less and nafciectful demand it.
Before closing I desire to express my
earnest approval of the effort being made
here to establish a large and commo
dious wareaouse, and to avoid all the
costs, stealage and expenses of every
middle nun, that the laboring man may
enjoy all the benefits arising from the
production of his honest toil. If every
section would establish a like institution
million- would be added to the agricul
tural vv- alth of the country, and thou
sands of dead-head middle men, who
only c usume, be driven out of the coun
try, wonipelled, like you, gentlemen,
to earn their living by honest toil.
EXTRACTS from gbaxd jup.v present
ments.
heartily approve or the progress
made by our Ordinary in erecting a jail
and cook house for the county, and
hope that he will carry out the present
specific&oons of the contract, which,
when finehed, will bo creditable to the
county.
After ex-mining the amendment *c.tue
act creatiig a County Court, and con
sulting Wit- the citizens of the county,
the most o', tvhom favor it, we recom
mend the line, and also recommend
Capt. Williau Johnston as the Judge for
the same, whah will better appear irom
the petition inched 10 these present
ments.
We recomrm'ul that the balance due
Davenport Jackson, Solicitor General,
on his account £ bill of eoats, be paid
by the Treasury.:, K. H. Pearce, which
yycco mt is hereii. attached.
We also to these presentments
a neat and correct balance sheet from
the Treasurer, showing the amounts re
ceived, $(>,229 74 ; and paid out, $6,00632;
leaving a balance < .f $133 42 in the Treas
ury. To more fully explain the balance
sheet, we recommend the Clerk to read
over the same in Court after reading
these presentments.
Yl e further recommend our Ordinary
to negotiate our bonds, if they can be
sold at par; and if they cannot lie sold
at par, then we recommend that a tax t>.-
levied sufficient to meet the demands
upon the Treasury.
CRIMES AND CASUALTIES.
The Greatest of Hangings.
The greatest hanging that ever occur
red in the United States took place in
1863 in the town of Mankato, Blue
Earth county, Minnesota, which is situa
ted near the southern border of the
State. In the previous year a great In
dian war had raged on the frontier, dur
ing which over seven hundred whites,
mostly women and children, were mas
sacred, and on the defeat of the Indians
and the end of the war, three hundred
and three of the savages were tried by
court martial for murderaudfeondemned
to death. President interfered,
however, to prevent such a wholesale iu
flietion of the death penalty, and re
spited all but thirty-eight, who were
hanged together iu the presence of a
vast crowd which had assembled from all
directions to witness the execution.
A correspondent of the Cincinnati
Commercial lias recently conversed with
witnesses of the terrible scene, who
gave him a full account of the affair.
When the death warrant was read to the
thirty-eight condemned Indians they
received their sentence very coolly. Not
fully comprehending the import of the
instrument, at the, close of tlio first
paragraph they gave a hearty grunt of
approval; but as the reading proceeded
and they discovered the drift of tlie
document they refrained from further
manifestation of approbation, though
they smoked their pipes composedly to
the end. Nearly all of them maintained
a stocial demeanor up to the time of
their execution, except the caps
were placed upon their heads. These
caps were made long and looked like
meal sacks, but being rolled up, only
covered the forehead, allowing their
painted faces to be seen. When they
had been adjusted on a few of the In
dians, so that each could see the un
dignified and grotesque effect on the
others, they appeared to bo exceedingly
humiliated and disheartened. But they
are described as having gone cheerfully
to the gallows, some even jostling and
crowding the others in their eagerness
to bo first. As they ascended the scaf
fold the death song was started, and
when they had all got up the noise of
their deep, swelling voices was fearfully
impressive.
\\ hen the scaffold fell and left the
thirty-eight bodies dangling in the air,
several of the condemned were seen en
deavoring to elasj) each other hands.
One young fellow managed to get a
cigar under his white cap and smoked
it to the last. The Indians respited by
President Lincoln were taken to an is
land in the Mississippi near Davenport,
where they were closely confined forja
year, after which they were transferred
to a barren reservation in an extremely
cold region, where they were turned
loose to freeze or starve.
The horrible execution at Mankato,
the war preceding it, and the conse
quent butchery of the whites, all result
ed from along continued and iniquitous
system of swindling the Indians carried
on by the traders and the agents of the
Government. Tlio leading chiefs in the
disturbance of 1862 did not wish to
go to war, but they had been robbed be
yond endurance. At one time over four
hundred thousand dollars due the Sioux
was paid not to them but to a gang of
traders on the plea of old indebtment.—
They were also induced to sign papers
which they could not read, and these
papers were used to get money and
goods belonging to them. On one oc
casion a famous chief named Red Iron
was locked up in a guard house by tlio
Indian agents for refusing to sign one
of these papers, and this act nearly pre
cipitated an outbreak. At last, having
been swindled out of their lands and the
money which should have been paid
them, and after losing fifteen hundred
of their old rueu, women and children
by starvation and exposure, they resolved
to go to war after the Indian fashion,
sparing neither women nor children.
The story is a shocking one; but it sis
still more shocking to know that this
and many others very much like it could
never have been told but for tine infa
mous dishonesty which has characterized
an<l still pervades the administration of
Indian affairs.
Strange Story from India.
Professor J. H. Seelye, in a letter
dated Atlababad, India, November 23,
1872, and published in the Amherst
College. Xtuderd, tells the following
strange story;
“Not fur from Agra, in Northern India,
is a mission station of the Church Mis
sionary Society, oonnected with which is
an orphanage of several hundred chil
dren, now under the efficient care of the
Rev. E. G. Emardt. The region around
is infested with wolves, by which ('very
year numbers of children are carried oil
and devoured. But in two instances, at
least, instead of being killed and eaten,
the children have been kept alive and
nourished with if not by these beasts.
Whether the story of Romulus and
Remus he a myth or not, this is au ac
tual reality, for the children themselves
have been captured from among the
wolves and brought to the orphanage
above mentioned. They were both boys,
and apparently of some seven or eight
years of age whpu taken. They were
found at different times, the last one in
March of the present year.
“ Some hunters smoking wolves-out of i
a cave were startled when the wolves ap- j
peared by the appearance among them !
of a creature looking strangely human,
but running rapidly on all fours like the
wolves, though not so rapidly us they.
He was caught with difficulty, and there
was no mistaking that he was a child of
human parentage, but with the habits
and actions and appetite of a wild beast.
The hunters brought him to the orphan
age, where he was? received and cared
for. Though his physical form and
features were sufficient to show that he
was a Hindoo child, there were no other
indications about him of anything
human. In all other respects, in the
language of Mr. Ehrardt, ‘a perfect aui
mal.’ He had no speech, but a whine.
He would wear no clothes, tearing from
him everything of the kind whenever put
on. He would eat nothing but raw
flesh, and when he drank he lapped the
water with his tongue. Left to himself
he would hide in some dark spot during
the day, from which lie would ooine out
at night and prowl about the enclosure,
picking up bones, if any were to be
found, and ravenously gnawing them.
“It at first seemed impossible for him
to walk erect, but after much difficulty
he was taught to do so, and also to use
a fork and a spoon, and to drink like a
human being. Though treated with the
utmost care and with great patience and
kindness by the Christian hands and
hearts which received him, lie pined
away and died, after lie had been in tjie
orphanage a little over four months. In
all this time he could not be madj to
utter a word; he was never seen to smile,
nor show ary eigns or joy, or shame, or
gratitude. But Mr, Erhardt, who gave
me this account, assured me that his
face looked more intelligent than the
average Hindoo children, and that liis
color and features indicated that his
parentage must have been of a family of
high caste.
“The other boy I saw myself, a few
days since, at the orphanage, where he
was brought about six years ago, having
been when captured much as was the
first mentioned hoy, and having shown
precisely the same habits as belonged to
him. He has no.t yet spoken a word,
but has exchanged the whine, which
was his only utterance, for sounds ex
pressive of pleasure, and, apparently,
also of gratitude. He no longer prefers
raw flesh for food, but eats bread and
fruit with revenoua avidity. Ho walks
erect, but with a strangely awkward
gait, throwing out his hands with, every
step. His hands are perfectly formed,
but he uses awkwardly. A piece
of bread tossed to him from a little dis
tance, which he was eager to get, lie
could not catch, but let it fall cluu.siy to
the ground. He wears clothes, to which
lie was at first as adverse as the other
boy. H;s forehead is low, but his face
would hardly be called dull, and cer
tainly not idiotic. His eyes have a wild
and restless but hot inquiring look.
His jaws are- not protruding, and liis
teeth e,rQ well formed and thoroughly
human. On liis left cheek are soars
bearing plaiuy the marks of tooth,
where he must have been fearfully bit
ten. He has been taught to do some
kinds of work, but not faithfully. He
seems to have lost all desire to escape.
He mingles freely with the other chil
dren, among whom he has liis favorites.
When the boy first mentioned was
brought to the orphanage this one was
made to understand that he must teach
the other how to eat and drink and walk,
and much of the improvement of the
younger one in these respects seemed
due to the efforts of the older one.”
REVIEW OFTIIE COTTON MARKET.
[From the Financial Chronicle.]
Friday, p. m„ March 2.M, 1873.
By special telegrams received to-night
from the Southern ports we are in
possession of the returns showing the
receipts, exports, &c., of cotton fertile
week ending this evening, March 28.
It appears that the total receipts for tlie
seven days have reached 56,015 hales,
against 74,195 bales last week, 83,433
hides the previous week, and 82,307 bales
three weeks since, ranking the total re
ceipts since the first of September,
1872, 3,011,056 bajes, against 2,427,947
bales for the same period of 1871-72,
showing an increase since September 1,
1872, of 583,109 bales.
The exports for the week ending tins
evening reach a total of 47,088 bales, of
which 29,895 were to Great Britain,
3,923 to Franco, and 13,270 to rest of the
Continent, while the stocks, as made up
this evening, are now 526,045 hales.
From the foregoing it will be seen that,
compared with the corresponding week
of last season, there is a tl< <• rerun in the
exports this week of 9,221 hales, while
the stocks to-nigh t are 128,854 bales
)nore than they were at this time a year
ago. The following is our usual table
showing the movement of cotton at all
the ports from September 1 to March
21, the latest mail dates.
lIKOKIPTS BINCR KXPORTED xINCK
HKPT. J. KEPT. 1.
ports. IS7_>. 1871. Total. Stock.
New Orleans.. ITO.tM KM,575 771*,750 aoß,<|Bfl
Mobile i>GU,4UU W,MS asciis
Cliutlestoil 319,(130 241,07 K 194,(174 27,703
Savannah 545,144 409,UK! 305,057 53,231
Texas 293,802 174,887 143,313 04,423
New York 80,425 81,823 335,418 100 818
Florida 10,892 10,407
No. Carolina... 48,9(13 40,092 421 *5 282
Virginia .. 330,694 2,14,815 4,Ml ll'.Wl
Other ports 39,312 79,539 23,041 22,000
Total this year. 2,955,041 1,802,941 531,001
Total last year 2,387,298 1,499,003 427,23(1
The market the past week lias been
without any sjiecial feature of impor
tance. Prices here now appear to be almost
wholly under the influence of Liverpool,
and the Liverpool market indicates a pret
ty close following of the receipts at our
ports—increased activity when they arc
small, and a corresponding depression
when they are large. Under these in
fluences we have had a variable and un
certain market during the week. Satur
day and Monday there was a decidedly
better tone, and at the close of Mon
day’s exchange prices as compared with
the previous Friday showed an advance
of )c. for cotton on the sjiot, and 3-16 c.
for futures. But on Tuesday there was
again a panicky feeling, and the advance
of the previous day was more th, 1 lost.
Wednesday was active for both spot and
future, and on Thursday the receipts
began to indicate a very considerable
falling off for the week as compared
with the previous week, when, with
a large export demand and increased
buoyancy for April, May and June, quo
tations on the spot were advanced jo.,
and futures brought 3-16@j|c. over the
closing prices of Wednesday; most of
this advance, however, was lost towards
the close, especially April contracts,
wliicli sold at Wednesday’s price, after
selling at 18 13-16 c. To-day the market
was stronger for cotton on the spot, hut
quotations were not advanced, the
higher prices asked resulting in a lim
ited business being done. For future
delivery the weaker tone developed last
evening was entirely recovered, the close
being at about the top prices of the day,
and October selling after ’Change at
17jC. The prices for futures last re
ported were (basis low middling) lfi(c.
for April, 19jc. for May, l!)»c. for June,
and 19 13-16 c. for July. The total sales
of this description for the week are
157,051) bales, including free on.
hoard. For immediate delivery, the
total sales foot up this week 12,921
bales, including 8,158 s os export, 3,539
for consumption, 917 for speculation,
aud 307 in transit. Os the above 964
bales were to arrive.
Weather Reports by Telegraph.—
The weather the past week has been re
markably cold throughout the South,and
in most cases accompanied with con
siderable rain. It has been showery two
days at New Orleans. At Mobile it has
rained three days, and our dispatch adds
that it is too cold for farm work, though
it is said that planting has made good
progress. It lias also rained three days
at Selma, and it lias been so cold that
they have had frost. At Montgomery,
Columbus and Augusta it has rained on
two days, while at Savannah and Charles
ton there has been no rain. Our Charles
ton telegram states that it has been cold
and dry all the week. Tt. lias rained on
three days at Memphis, qn one of which
days they had snow. They are having
so much rain that plowing is backward.
At Nashville it lias rained on two days,
with considerable snow on one day.—
The thermometer at Memphis has
averaged 48; at Charleston, 55; Mobile,
57; Savannah, 58; Selma, 61; Montgome
ry, 53; and at Columbus, 56.
The Cotton Crop. —Very interesting
compilations are just now being made,
on the basis of the receipts thus far, to
show how largo or how small the pres
ent cotton crop is likely to be. We
have received no new returns aiuep our
review published on the i«\th of Febru
ary, when we sp.vlod that the total would
not in event he less, than 3,732,000
bales, intentionally having the impres
sion that although the crop might not
reach a higher figure the reports we had
received justified a somewhat larger re
sult. At that time wo made onr ex-
amination as thorough as we could, and
do not propose to reopen the subject.
Our figures, however, were simply a re
flex of the views of correspondents who
have proved themselves to he very re
liable, accepting no person’s opinion of
any seetion other than that of which lie
is personally acquainted with. Hence
deductions made by comparing the
movement of previous crops although
they carry with them much less weight,
and are often delusive, are always inter-
esting and frequently instructive,
For instance, a correspondent takes i
the receipts of. the so\au inland markets I
for the last foyii weeks (the actual quan- 1
tities and the per centum, giving lhose
of 1870- 71, the year of the great crop, |
at 100, and reaches tire following re- i
suits:
Weekend- ,--IX7O-”71 ,--IX7I-’72- , , 1872’73-
i"K Kec’te. I'.C. Uac’iitH. P.C. Re.'iitH ho
February 28..27,424 100 10,004 r,y ,
Man li 7 21,048 100 10,284 IXI7O HO 1
March 14... .10,004 100 12,011 75 20,42.i 128 I
March 21.... Mil O,«Hk Os' 18,214 187
Imur v<-ei*. ■ 100 80,*4S c,4v, 77,x22 <»•',
The reason given for making this
comparison is to show that, “although I
the impression was common the last of j
February that the region accessible to i
railways had at that time been quite j
thoroughly drained, yet wo here see the |
movement, even in those sections, is!
very well sustained. And these sto.Us-1
tics, taken in connection wit\\ the gen
eral admission that t!;yu*i is far more
cotton to bo in the. Southwest
than there wge last ye.,r, seem to justify
the eidiuou that at least an average of
the two last years can be expected tor j
the balance or this season, and the fol
lowing would then show the result of
the year:
Billet). I
The receipt!) at porta after MareU.il, 1871,
were.. , -802,000
Ihe receipts at pu,U after .Match 21, 1872,
were..,,..,.... , 358,000
And the average of both is uuo
The receipts at ports this year to March
21 were. 2,955,000
Suppose the “overlaud” cotton
Hball be 130.000
And the consumption.... 145,000 — 280 000
That would make thi« crop, cutixnating the *
cotton u> conte in no more than the aver
age of the la«t two years, amount to 3,815,000
If in like manner we make a compari
son of receipts at the ports up to March
•Jl, the last three years, those of 1870-1
being 100, same as shove, the result will
be as follows:
„ . , 1870-1. 1871 B. 1872- 3.
September 1 to March 21 100. 74 «ji
September 1 to November 8. 400 S3 *lls
| Four weeks, Nov. 15 to iw. «»,
I inclusive 100 81 03
i Four week's, 4>ec. 13 to Jau. 3,
inclusive 100 88 tB3
f Jr our weeks, Jau. 10 to Jan. 31.
I inclusive 100 71 gg
i Four weeks, Feb. 7 to l oti. 28
inclusive 100 68 83
Three weeks, March 7 to March
| U, inclusive ioo 43 75
| One week, cudjug March 14 .. . 100 49 81
One week, ending March 31. .. Its) 4X 32
Period of early and iar«e movement of this crop
—exceptionally lar«e receipts. tPeriods or the rpi
j zootlo disease—exceptionally small receipts.
Last year there was a eontiuuul falling
on from the rate of the previous year,
except a slight rally in March, while
this year there is a gain in the propor
tional rate, increasing from its lowest
(75 to 98) in the last week.”
Gunny Bags, Bagging, &c.—Bagging
has ruled quiet and firm the past week,
and but few sales have occurred since
our last issue. We note a sale of about
fiOO rolls not quite standard in store here
NUMBER 15.
at 13c. cash, aud 500 rolls more ou pr
vate terms. We quote holders’ prices t
13j@13jc, cash spot; 14@14jc. Apr;
and May, and 14j(&15c< Humfuer delive
! ry. India bales are very dull and nog
' leoted. Bags remain al>out the same
with some inquiry. The prices aske
j here are 15jc. currency, duty paid. W
' note a sale in Boston of 250 bales at flit |
iin gold, in bond; 250 bales at 15Jc. cull :
! rency, duty paid. Butts have rule.
I quiet at declining prices. We note sale
! 1,500 bales in Boston at 2 1-10. cash, ar>
1,000 bales here reported at 2c. cas
During the week sales have been mat
of several lots of 250<530() bales each t
2jc. cash, and 2 3-lfio. time.
Visible Supply or Cotton Made Uj
by Cable and Telegraph.— By cable \vj
have to-night the stocks at the difU -veil
European ports, the India cotton ifloall
for all of Europe, aud the American!
afloat for each port as given below, l’rom
figures thus received 1 we have prepared
the following table, showing tin' quan
tity of cotton in sight at this date
(.March 28) of each of the two past sea
sons ;
1873. 1872.
Stock ill Liverpool 693,000 1184,000
Stock ill I.omiou 172,000 188,OM)
Stock ill Havre 183,000 198,000
Stock in MuracfUei 16,750 14,250
Stock in Bremen 05,000 15,500
Stock in Amsterdam 81,000 09,000
Stock in Antwerp 29,000 2(I,0(HI
Stock in Hamburg 39,ink) 15,ihhi
stock iu Barcelona 7o,(nni 74,«mmi
Stock in Xi it ate 14,250 13,(nni
Afloat for (treat Britain (Ameri
cHio Mpi mow
Afloat'for Havre (American aud
Brazil) 35,000 ] 1,500
Afloat for Bremen (American).. 28,000 12,260
Afloat for Amsterdam (Amcri
can) 6,700 5,100
Total Indian cotton afloat for
EurojK' 180, INK) 394, 000
Stock in United State* port H... 620,045 397,191
Stock in inland towns 105,440 70,907
Exports from United Slates tins
week 47,088 60,309
Total 2,459,323 2,404,007
These figures indicate a deeream in
cotton iu sight to-night of 1,744 bales,
compared with the same date of 1872.
Georgia’s Idol.
We confess to a thrill of mingled
pride and pleasure, on reading that on
Tuesday last, when Vice-President Wil
son left the Chair for a few minutes, he
called upon our gallant Senator Gordon
to preside over the Senate. It was not
because of the honor to Gordon or Geor
gia for him to occupy the seat which has
been so signally disgraced; but because
Georgia was brought prominently before
the Senate and the assembled public, in
the person of her noble son who so
worthily represents her, and because it
showed that there is an esteem attaching
to valor and true manhood which even
its foes are obliged to admit. The North
may villify the South, and may stig
matize Gordon as a rebel and a traitor;
but Vice-President Wilson’s act, on
Tuesday last, is an acknowledgment
that there is in the Northern heart a
respect for that bravery which fought
gallantly on the field and was too manly
afterward to bend the knee in abject
submission to the conqueror.
The galleries, says the dispatch, broke
out into applause. And no wonder.
When the tall, symmetrical, military
form of Gordon rose from his seat and
walked to the Vice-President’s Chair,
the spectators were conscious that they
looked upon a man—a combination oljfl
mental and physical manhood, such as
they had seldom seen—one who had
had won his claims to that high title by
knightly deeds on the battle field and a
stainless private life. They saw before
them the hero of Spottsylvania, of the |
Wilderness, and of a score of othei* ,
hard-fonght fields, and they yielded in- j
voluntary tribute to IJie y
man of tho twelfth of May,” though *|
that prowess had been used against 1
them. Never, since the chivalrous |
Breckinridge h it that Chair, had it been 1
so well and worthily filled.
Let Georgia be proud of her Senator; f
he will reflect honor upon her at id'l
times and under all circumstances. Dur- 1
ing his military career, ho never com ■
mitted a blunder oi made n iailuiv , ami
when the war closed ho was the rising
star of the army that needed but the
time of another campaign to attain its
zenith. Gordon wins among the first to
volunteer in defense of his country, and
his sword struck almost the last blow
before her downfall. With his gallant
corps of Georgians he headed the last
charge made in the Army of Northern |
Virginia, and broke through the lines of
theenemy with that thrilling shout which j
was heard only in a “ rebel charge.” j
Since he sheathed his sword his private >
life has been as blameless as his milita
ry career was glorious. Without fear
and without reproach, is it any wonder (|
that lie is Georgia’s idol.— J.aGran<j>.
Reporter.
A Mine of Gold.
[From the Nashville l’annor. |
Near the mammoth tannery of Hamil
ton <fc Cunningham, just south of the
Nashville and Northwestern Hoad, is a
gently undulating hill, out of which
ledges of rock protrude here and .there.
On this hill the Eighth Kansas regiment
was encamped fora longtime dining
(lie war. Report has it that on breaking
up the camp, and on leaving that spot ti»
participate in the battles of Lookout
Mountain, Mission Kidge and Ohicka
inauga, the soldiers buried all their
money, that- they might know where to
find it on their return. Only a few mem
bers of the regiment were commissioned
to perform this duty, and only a few
were permitted to have a knowledge of
its deposits. They dug down several
feet, where they came to a solid rock,
upon which they placed the money in
large sized oyster cans, covered them
over with other rocks and replaced tlm
dirt with such nicety that no one coUbi
tell that it had ever been disturbed.
Those who hail buried the treasure were
killed jn battle, and it was believed
that as to the pluce of bu
rial of the niifucy went with them.
There seems, hovinm-r, to. have been
some that the money
was deposited iu the,Jgnrth within the
confines of the camp, , ,
close of the war men have gone about
the camp ground at night seeking to
discover some clue to the treasure.-4
About a mouth ago Beveu men went on
the ground ami commenced digging,
and continued to perform that labor for
about an hour, when they were disturbed
in their operations by passers-by. bear
ing possibly that their object might be
divined they ceased work, and ncvcrire
sumed until a few nights ago, vA-n
sflven men again assembled
spot, While two did the excavationjb
turns, five circled around them Bfd
kept a sharp lookout all around. |siey
commenced work shortly alter “nine
o’clock, and continued to pile up dirt
and work until they had arrived at the
treasure, which they took out of the
boxes and carried away. While busily
at work the switchman, having u curiosi
ty' to know what they were about, pass
ed by them, when all pretended to be
drunk. A spokesman, however, in
formed him that the boys had gotten on
a spree, and that ho hail been endeavor
ing to persuado them to go home, but
without effect. In the meantime tho
digging was kept up by the two in the
hole, though in a very careless sort of
way. The switchman left them at their
toil and on tho following morning found,
with others, chalked upon the smooth
side of a flat rock tho inscription, “ $58,-
000 in gold was gotten out here last
night.”
A Southern Girl Takes a Gobi Medal
in Home.
A correspondent of tho New York
World, under date of March 10th, writes
as follows :
The Convent of the Sacred Heart at
Rome lias under its control the most re
lined school in Europe for the education
of ladies. women in tho
Eastern and Western Continents im
bibed their culture and grace within tho
old gray walls of LeSacre Cccur, where
ever gladsome and zealous little French
nuns assume the important duties of tho
great professors of St. Sulpice, Louvain
and the Sapienza. The famous novelist.
George Hand, regularly communicates
with those bright-faced and witty sis
ters, who seem to have completely fasci
nated the heart of tho groat writer. Dur
ing the distribution of premiums at the
Convent of the Sacred Heart on Satur
day, March 8, Ellen Mary Coulter, tho
daughter of a gentleman iii the South,
took tho “solus” medal in each of her
classes, a success which entitled her
to tho gold medal of tho convent.—
The gold medal is only won by those
whoso proficiency so transcends that of
each of tlieir companions ns to render
them “solus”—alone in point of merit.
And so difficult is it to attain to thin
dignity that the gold medal has been,
won only twice during the oast ten
years. Miss Coulter is the only English
speaking pupil who ever bore away thin
sigual token of worth.