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About Weekly chronicle & sentinel. (Augusta, Ga.) 1866-1877 | View Entire Issue (April 29, 1874)
\ERIES- VOL. LXHI ERIES VOL. mVIII. jjk TERMS. THK D.ULT CHRONICLE k SESTINEL, the oldest Dc-rspappr ln the S° olh > ** P'lblished daily, ei c,, ! Monday. Term* : Per year, *lO ; .lx month., }," • thjx* months, |2 50. THE TRI WEEKLYCBBOMOLEk SENTINEL i. published every' Tuesday, Thnrud.y, sod Hxtur dav. Term.: One year, *3 : .lx m nth*, *2 50. q HE WEEKLY CHRONICLE A: SENTINEL i* pnb i . very Wednanlay. Terra. : One year, *2; .ix months, *l. gJBsCHUTIONS in all cane, ln advance, and no jiap-r c rationed aft r tue expiration of the time paid for. rates OF ADVERTISING in DAILY—AII tran mirat advertisement, will be charged at the rate of *1 pc-r square for each inaertlon for the first w-' 2. Advertisement, in the Tri-Weekly, two third. of the rate* in the Daily ; and in the Weekly, one-half the Daily rate*. Marriage and Funeral Notice., $1 *uh. Special Notice., $1 per square for the first publication. Special rate will be made for advertisement* Moiling for a mouth or longer. REMITTANCES should be made by Post Office Money Order* or K*press. If thl. cannot be done, protection again*! louse* by mail may be * secured by forwarding a draft payable to the Pr i rietor* of the CHBOwichE axto Heutiweu, or by sending the money in a registered letter. Address WALSH Ac WRIGHT, CUBonlfl.. k Kkxtii.fi., Augusta, Oi v£l)rcnu‘lc and .Srnfmel. WEDNESDAY APRIL 29, 1874. / MINOR TOPICS. Wendell Phillip* say* that a wife who can took a gocxl iliuner will never bo without a fashionable bonnet. A Chinaman on trial in California for larceny proved that he wasn't within half a rnilo of the property when it wan taken, and they sent him up for a tear for contempt of Court. An lowa judge ham decided that it in more | of a nin to Htcal a horno Ilian to elope with j another man’* wife, became thero are 8,OIK),- I 000 women in the United .State* and only ! 3,001,000 hornea. A full grown rnoune, bottled in a four-ounce vial, i* a curioMity at Lafayette, Ind. The inoiiHC in MUppoHud to have crawled in when quite Hinall and wan unable to get out again. Probably the mongo ha* a name. If not, call it Butler. The P&riH correspondent of the Prraeoer cinza report* a converMation which lie haw had with M. Olivier, in the course of which M. Olivier said that the restoration of the Na poleoi.io dynanty i-i beyond doubt, and only a question of time. The Austrian IJiMhops have published a memorandum, signed by thirty-two of their number, in which they deny that, the State lias the right of interfering in religious affair*, and describe tho new ccclertiastical billrt an tyranni al me&Htirea. It may bo dangerouH to vinit a certain Now York theatre. Last week thero was nightly “a volcanic eruption of talent,” an *• over whelming cataract of variety Htara,” and a “inaob'torin of artistic attraction,” The Boston TraoeUr Hays “ they let out con vict* in Georgia for #ll a year, that i« to way, tho convict’* labor i* wold for that price. Even a lazy man could pick up sll worth of pinw a year. In some other States, New York for in- Htance, they lot out convictn for nothing.” Five year* ago Colorado did not have a Mingle foot of railroad track within her borders. In that whort time many parts of tho howling wilderness have been made to blossom a* the rose, and more than seven hundred mile* of railroad now extend their iron bands across that Territory. Nilsson iH conscious of her own personal charm*. Itecently she met a young lady at tit© Hub, who remarked : “Miss NHsmoii, lam de lighted to have tho pleasure of Booing you; I have boon tolil bo often by my frionilH that I resemble you." Whereupon the winger scanned her for a moment, and coolly replied, “I pro per my own face.” A rare event occurred at Austin, 111., a few day* ago. It was a golden wedding, ami tho fact that two people in tho land of easy di vorce* had lived fifty years in wedded bliHs was ho remarkable that tho townspeople gave the singular couple an entertainment in the town hall. There in no picture no full of shadow that no ray of light can be found in it. In Marysville, Cal., tho other day, a New foundUud dog walked into a markot, dropped a ten cent piece out of his mouth, and walked off with a whole salmon. Tho butcher says some folks may call that dog intelligent, but he thinks that a dog that can't distinguish be tween a ten cent slice and a fivo dollar fish, hasn’t got even common senso. Doublo-boilied people are getting plentiful and will create social difficulties. Tho latest wo hear of is Blanche Dumas, a beautiful girl of fourteen years, who has been wont by Dr. Jtalle to the l’aria Faculty of Medicine for ex amination. She has a double body from tho waist downwards, having only one head and two arms. Bhe is very well, but she is not a double-header. Tho pair of Hhakspeare’s gloves which woro presented to Garrick in 1764 wero bequeathed bv Mrs. GarricK to Mrs. Shillong, who left them to her daughter, by whom they wore given to Mrs. Frances Anne Kemble. Mrs. Kemble has now presented these glovos to Mr. Horace 11. Furness, of Philadelphia, tho editor of tho new Variorum edition of Khakspeare. Tho Richmond Whig, of a recent date, says "tho wheat crop generally throughout Virginia ooks unusually well. It is too oafly to make any calculation as to what may bo the yield at harvest; tho fly and rust aro yet to bo encoun tered. Nevertheless, there is much satisfac tion in knowing that tho icy fingers of tho wind have failed to destroy its vitality.” Aii eccoutric genius lias sent m a potition to the French National Assembly asking for tlio passage of a law providing that every now born child shall have its liatno and the date of its birth tattooed on its arm. The objoct is to facilitate Identification. The school teachers are to perform this operation, and parents neglecting to have their children thus tattooed are to be punished by a heavy tine. The Hartford Times Bays: “A good deal of money was plastered over the Stato by the distributors of the custom house fund for tho Connecticut election. All sorts of prices were paid ifiO being offered to SeptMirans as an inducement not to vote tho Democratic ticket. Those in other States who suppose, from tho overwhelming defeat of tho Republican party in Connecticut, that the latter did not work hard in the late election make a great mistake." At a sale of autographs in London, a love letter of David Garrick brought £7 10s.: one of Deloe’s letters £l2 11s.; a song of Robert lturus, £l2; a page of correspondence in the hand of Erasmus. £l6 10s.; a letter of Hogarth, i £lB 10s.; one of Mozart, £l6 Ids.; one of i Goethe’s letters. £22 10s. But Oliver Gold ’ smith overtopped them all. his letter to Sir Joshua Reynolds describing his miseries on tho * Continent having sold for £37 10s. Canon pEnglish Sacred Artillery! Kingsley boldly up in the presence of a WaMiing- ■ ton audience, which attended his lecture on ■the Norseman, and told a story of tho old bat ■ tie of Slicklesbad, and a wounded man who, ■ after the battle, drew an iron weapon from § his own heart. But on the iron was a barb, r ou which bung flesh from the heart—some red. some white. And when ho saw that lie said : " The king has fed ns well: lam fat even to the heart’s root.” And so leant back and was dead. Nice story ; but. as Mr. Boffin said of the remarkable stories which Silas Wegg read him in ancient history, “ It’s a scarer.” The European papers continue to report very ■ favorable weather for the crops, and unless present indications prove false, next year will see a good harvest. We have as yet no esti* mates as to the breadth of wheat, Ac., planted, and although it will doubtless be of an average . 6 5 tent, it must be remembered that scarcity * and dearposs of seed aro important elements in determmfng that point. The I’esth lM>yd, in a review of the Hungarian wheat market, states that even -iast year the seed rpmstiou had au important bearing, and this season will only witness an aggravation of the difficulty. I The wheat exporting countries are also being added to. notably Australia, which bids fair to become our great rival, her exports to England this season amounting to some 6,450,000 bushels. In that fresh and excellent feature of Apple ton's Journal, the melange of translations from foreign magazines, we find an inteh;st ing account taken from the Figaro of a visit to the liaron WaUleck. who completed his one hundredth at.d eighth year ou tho 16th of March last. The old Baron saw the revolution of 1798, Dautoc, Robespierre. Marat, the thirsty guillotine, with the kuittiug women around it; the rise of Napoleon, Louis the Eighteenth, and the monarchy, and all the changes since, including, of course, the Com mune. M. Thiers. MacMahon, and the Septen nant. He is naturally, from his experience, •still hopeful of living to see further trans formations. He began as a painter and has ended as an archa-ologist. He now has a manuscript ready for the printer on Western Arclneology, which he commenced in his one hundred and second year. Diderot, the cele brated Paris bookseller, will issue it. and it is in three volumes. Tho Barou is still in good health, and is said to resemble one of Albrecht Purer a Alchemists. SOUTHERN NEWSPAPERS. The Columbus Enquirer has intro duced a novel feature into journalism. In its last issue we find the words “ To Let,” followed by a blank space, in sev eral parts of the paper. In other words, the proprietor of the Enquirer adver tises about four columns of his paper to let to the merchants of Columbus. This indicates on the part of the busi ness men of that city either a want of appreciation of printer’s ink or a gen eral stagnation of business. We judge, however, that it is more of the former than the latter. It is a well known fact that Southern papers are not apprecia ted as they should be, though it some times happens that the fault is more at tributable to the papers than the people. The Chronicle and Sentinel has no reason to complain of the business men of Augusta, as the patronage extended to it has been liberal. The Enquirer is a good paper and deserves well of the citizens of Columbus. It is evidently too big for the pretensions of that city. As an increase of reading matter would not pay, a reduction of the surplus space “to let” and an increase in the rates of advertising would jirote remu nerative to the proprietor. The advertising rates of all Southern papers are entirely too low. People never appreciate anything that is sold cheap. If you want a man or a woman to think well of your goods, you must never sell them at prices that will lead peoplo to say: “ Well, they are too cheap to be good;” or “that concern must be weak or it could not afford to sell its goods at such a sacrifice.” In either caso disadvantage is worked to legitimate business. Cheap goods and panic prices are not appreciated in mer cantile life. People are suspicious of “Cheap Johns.” The same is applicable to journalism. When editors and pro prietors learn to properly appreciate the value and usefulness of their advertising space, the dear public will have a better opinion of the benefits of advertising. JURORS AND JURY DUTY. They are troubled with tho profes sional juror in Philadelphia as well as in smaller cities. The North American notices tho springing up in that city of a class of men who “are willing to serve upon juries for the same reason they would marshal a procession or hurrah at a meeting;” and of others agaiu “who seek to bo summoned for tho petty pay given, and the chance that some culprit or defendant will try to strengthen his defense by direct appeals and tangible argument.” One of the worst signs of the times is the persistence with which a large proportion of the better class of our citizens seek to avoid tho perform ance of jury duty. Their success—and so far they have been successful in all the large cities of the State—has given an opportunity to the professionals which they have not failed to improve. In this way tho administration of justice has been confided to the hands of men, who of all others, should not be entrusted with the performance of such au important and responsible duty.— The system of exemption has been so grossly abused that fully eight hundred of the best citizens of Augusta aro not required to do jury duty—and this in a town where the whole number of quali fied jurors does not exceed twelve or thir teen hundred. The result has been that Judge Gibson experiences great difficul ty in organizing juries when the Superi or Court meets, and tho few good citi zens who have not received exemptions find the service required of them ex ceedingly onerous. The professionals have become a necessity and the most intricate questions of mercantile law and commercial usage are tried not by tho business men of the community but by a class who have sought the position for tho sake of the two dollars per diem compensation. It is time that some thing was done to abolish this whole sale system of exemption. If one mili tary company receives such a privilege from the Legislature wo see no reason why tho others should not bo privileged also; but we do see a reason why no such exemptions should bo granted. No man should be taken as a t juror who seeks the position and no good citi zen should be allowed to shirk such a responsible duty, except for the best of reasons. CREMATION. In u recent, number of the Review Scientificque the eminent scientist, Pro fessor Brunette, gives tho details of the apparatus which would be required for the process of cremation, or, as the Pro fessor terms it, incremation. From it we obtdiu sotno interesting information upon a topic which is daily becoming more interesting. After having made several experiments on the human sub ject, in which the bodies were burned in the retorts of gas manufactories in closed receptacles, and with free access of air, he first satisfied himself that the complete and perfect performance of the process would bo impossible under all ordinary circumstances. Iu the first place, there is required an oblong fur nace of fire-proof bricks, having ten holes below, by moans of which the in tensity of the fire can be regulated. The upper part of this should be liol kiwed to receive the coffiu, and over this a domed cover is to be placed, by which the flames, as iu a reverbatory furnace, may be directed upon the body. Within the coffin is a metal support or table on which the body rests, fixed by thick iron wire. The operation embraces three pe riods,the heatingof the body, thespouta ous combustion, and finally the incine ration of the soft parts, and the calcina tion of the bones. During the first period, and about half an hour after the pile of wood in the furnace has been lighted, thecombustion of the body com mences. It gives off a large quantity of gas, and the management of the rever batory part of the furnace is of great im portance. If tho wood has been well arranged, two hours suffice to produce complete carbonization. During the third period, tho air holes being opened, the carbonized mass is collected and placed upon a fresh plate, and the heat is now urged to the utmost, a fresh sup ply of wood being inserted. By means of this arrangement,at the expense of about 150 pounds of wood, complete increma tion —that is to say, incremation of the soft part and calunation of the bones — may be effected in two honrs. When the furnace has cooled the cinders and bones are collected and deposited in a funeral urn. The Washington correspondent of the St. Louis Republican states that a very strong and well organized movement is ou foot to bring about the immediate re cognition of the independence of the Cu ban Republic by the United States. It has been quietly worked up iu the high Ad ministration and Congressional circles during the past few days. The scheme will be sprung in Congress by the lead ing Radical Congressmen. The reason and necessity assigned for prompt and immediate action is the alleged fact that English agents are known to be ac tively engaged in endeavors to affect the acquisition by Great Britain of the island of Cuba, and this agitation of the sub ject at Washington has for its object the circumvention of the English schemers. HANDS OFF. President Grant is consistent so far in adhering to hi3 recently enunciated policy of non-intervention in the inter nal affairs of the ,Southern States. He ! has positively refused to take sides in j the troubles in Arkansas. Brooks and Baxter are to have a free and a fair ; fight, and the supporters of each are rallying to the standard of their respect ive chiefs. Baxter, who has been ex | ercising the functions of the Guberna torial office since 1872, is the leader of the Radical host of carpet-baggers, scalawaggers and negroes, and Brooks is the leader of the respectabe people of the State. It is admitted that Brooks received a majority of the legal votes for Governor of Arkansas, but, as the Radicals had possession of tho State since the days of reconstruction, he was either counted out by fraud or prevented by force from taking his seat. Had the voice of the people as expressed at the ballot box prevailed, both Louisiana and Arkansas would have been rescued from the baneful rule of thieving adventurers and plundering traitors. The partisans of Baxter hav ing possession of the government of Ar kansas at the t i me, the obstacles in the way of his inauguration were not difficult to overcome. It is possible that had there been a necessity for it, some drunken Judge of an United States Court would have been found to play the part of Durell. The cases are analogous, ex cept as to the means'used to defeat the popular will. In order to be entirely consistent, President Grant should sus tain the decision of tho Arkansas Judge seating Brooks. The people of the South have reason to be thankful at the conclusion of the President not to inter fere in the affairs of the Southern States. Hands off on tho part of the Adminis tration at Washington is a policy that will be acceptable to the Southern people. I’resident Grant would render his administration popular, if the weight and influence of Federal office holders in the South were thrown in the scale in favor of good government. The curse of partisanship finds a fearful illustra tion in tho States of Louisiana and South Carolina, where Federal officials have been forced to support a class of men for office who were generally as bankrupt in character as in pocket. If the policy announced at Washington is to be carried out in good faith, and the ruling is to apply to the Administration as well as to its army of office holders, tho people of the South will accept it as an earnest of a disposition, however tardy on the part of President Grant, to give the people an opportunity of over throwing mongrel government in Ar kansas, Louisiana and South Carolina. TIIE LAST RESORT. Tho South Carolina Ri*g—shameless and abandoned as are its members—has at last begun to quail beneath the indig nation of the whole nation. They are execrated for their villainies by both the political parties of the country, and aro justly regarded as the greatest criminals of the ago. So long as this feeling was confined to thecitizensof their own State and of the South they cared nothing for it. Their traducers were men whose disloy alty to the Government, though crushed upon the battle field, still manifested it self, wherever the occasion offered, in an unmistakable manner, and the Ring*rep resented the loyal men of South Caro lina banded together against the attacks of tho rebels. So long as this impres sion remained uneffaced it mattered lit tle what rascality they were engaged in, or how fully and completely their crimes were exposed. But such a condition of affairs could not last forever. The truth gradually began to dawn upon the minds of Northern Republicans. By degrees they discovered what a monstrous system of misgovernmeut they liad been shield ing by their sympathy. Northern travel ers who visited the State ascertained and reported that the half had pot been told. Republican newspapers in editorials and correspondence informed their readers that these charged of theft and corrup tion wore not Democratic devices but shameful realities. Then the awakening came, and to-day the so-called Republi can government of the State stinks in the nostrils of every honest Republican in the Union. Tho Ring has become a by-word aud a reproach—a synonym of shameless scoundrelism. If it were in their power we believe that the masses of the Republican party North would gladly hurl the plunderers from place, even if by so doiDg the State should fall into the hands of the Democracy. The Ring finds that a storm of indigna tion has been aroused which can not be easily quelled. Its members tremble before the just resentment which their crimes have excited, and they are seeking to avert the consequences of their deeds. Os course they use the stale stock cries of “rebel” and “revolution.** They have determined to play the old game. “Tho saints are to be persecuted, and we are the saints.” “Rebellion is rampant and revolution inevitable.” “If the North forsakes us we shall perish.” Here is the programme. Says the Colum bia Union, the leading Republican journal of the State: Threatening Revolution. Gen. Kershaw, a member of the so called tax payers’ committee, in address ing the Judiciary Committee of Con gress, is reported to have used these significant words, “Tho Tax Payers’ Convention resolved, at its last session, to submit to it no longer. There is no other mode of redress left us but an ap peal to force.” That which ho said the so-called tax payers resolved not to submit to any longer was taxation imposed by a Re publican administration. This, then, is at least confessed to be the objective point of the Grange movement in South Carolina—resistance to taxation, when those taxes are levied by Republicans— for tlie Grangers are generally the so called tax payers, and vice versa. We knew it mouths ago, and have already published it in these columns. Our statements are now proven to be correct by the testimony of Gen. Kershaw, one of the representative men and spokes men of the order, before the authorities in Washington, that the whole move ment in this State is a eonspiraev to break down the Republican form of State government by unlawful and treasonable means. The old cry of wolf will not answer the Republican lambs this time. It has lost its potency. The North will no longer j believe in the injured innocents of South ■ Caroliua. 'They know that the tax payers do not intend to resort to arms— ' though Heaven knows they have had ! ample provocation. Even if a little force was attempted we believe there are i many Northern Republicans who have ! been enlightened to such an extent of I late concerning the South Carolina gov ernment that they would not think of i terming resistance to the Ring revolu ! tion any more than they would think of calling the shooting of a highwayman murder. _ The New York anti-inflationists are puzzled to know what the President’s reception of their delegation Friday ! meant. We hardly think that any one ! else is puzzled by it or is at a loss to discover its signification. It means that General Grant, acting in conformity with the utterances of his first inau gural, will veto no public law passed by Congress. He has no will but the will of the people, and a Congressional ma jority constitutes the people. AUGUSTA, GA., WEDNESDAY MORNING, APRIL 29, 1874. JOURNALISTIC. ; In the Atlanta Herald, of Sunday, we : find a card from Col. J. R. Sneed, an nouncing his withdrawal from the Her j aid for reasons entirely of a private na -1 tnre, which in nowise concern the pnb i lie. Accompanying the card from Col. I Sneed is one from Messrs. Alston & Grady, stating that, not Keing able to employ editors, they have determined to do their own writing. Col. Sneed is a vigorous writer and an experienced edi tor, and we regret the cause which ne cessitates his withdrawal. Messrs. -Alston <fc Grady are competent, however, to do their own writing. Since they have de termined to do it, the Herald will not lose its prestige in the front rank of Southern journalism. TUE SOUTH CAROLINA COMMUNE. Tho Washington Republican com plains that the property holders of South Carolina favor monarchical gov ernment. It is stated that at a recent tax payers’ meeting in Charleston, some of the speakers expressed the wish that the day might como when this country would be ruled “as an independent people, under a monarch of their own choosing.” This preference for monarchical gov ernment is seized upon as a pretext for sustaining the mongrel ring in power in that State. Tho people of South Carolina would uo doubt prefer a monarchy or a military gov ernment, rather than longer sub mit to the organized band of robbers who have had control of the State for the last four years. Every citizen of intelligence and respectability is ostra cised. The State is in the hands of an ignorant and corrupt ring, whose sole purpose is plunder. Under the circum stances they are right in perferring a monarchy to a commune. The injus tice, rapacity and hate of the Radical party have made South Carolina a com mune, and the honest and respectable people would gladly embrace any form of government that might afford them relief. Misrule aud spoliation have made them desperate. THE PARTY OF CORRUPTION. The Boston Globe is a Republican journal, but it appears to entertain a lively appreciation of the results of Re publican rule, since it calls this country the “El Dorado of scoundrelism.” The Chicago Tribune did as much as any journal in the country to bring tho Re publican party into existence, and to give it tho power it is now abusing, but it must have repented of its folly. In its issue of the 14th inst. that journal says: It is just coming to bo understood what a task this Congress assumed when it undertook to gaugo the corrup tion of the present Administration. The session up to this time has been almost entirely consumed in providing for aud making investigations, and in fixing the salaries and perquisites of members.— Not one of the great questions which most deeply concern the country, such as the derangement of the finances, the revision of the customs law, the pro vision of relief for the farmers, lias been definitely passed upon. The time of members is, to a great extont, taken np in the sessions of investigating commit tees. Os these, eleven are already sit ting, and it is proposed to order a twelfth for the benefit of the Post Office Department. Quite a scene took place in tlio House yesterday when the matter was brought forward. The California members especially seemed to know of mysterious operations in th letting of mail contracts, and, from the innueffv does thrown out, it is a fair supposition that the Central Pacific Company has managed to secure some very astonish ing contracts by the “routine” process. TROUBLE IN THE CAMP. Each succeeding day furnishes fresh evidence of troubles in the Republican camp—troubles which may soon become irreconcilable, and which may result in the disintegration of the party which has managed the affairs of the country for tl c last thirteen years. The leaders have quarreled and refuse to labor longer together, while the great party journals are notoriously and decidedly mutinous. The national organ—the New York Times— has been sadly out of tune for some months past, and the Ad ministration is said to contemplate the establishment of anew and more sub servient Republican journal in the com mercial metropolis. Harper's IJ Weekly has openly mutinied and is firing hot shot into the ranks of the dominant fac tion of “the party.” The nomination of Williams was the entering wedge, but other causes of dissatisfaction have been rapidly afforded the malcontents. The virtual surrender of Massachusetts into the hands of General Butler by the appointment of Simmons to the Bos ton Custom House, the exposure of the Jatne-Sanbobn frauds, the condition of affairs in South Carolina and Louisiana, the long and bitter discussion of tho currency question, the disastrous results of the recent elections in New Hampshire and Connecticut, have opened the breach wider and wider, until there seems to be a probability that the chasm will grow so broad and deep that it cannot bo bridged. The financial issues seem to have caused the greatest and most enduring disaffection. The hard money Republicans of the North and East do not hesitate to assert that they will support no man for office who has favored inflation, which they call by such harsh names as repudiation and robbery. The full force of such a de claration is understood when it is re membered that among the advocates of inflation are such men as Morton and Logan, and that a large majority of the Republican Senators voted for the Bill now before the President. If New Eng land and the Northern States adhere to their determination we will have pre sented the extraordinary spectacle of onc-half of a political faction reading the other half oat of the party. An other and most significant symptom of the state of affairs in the enemy’s camp is the ill-concealed complacency with which the opponents of the Administra tion regard the defeats sustained by the Republican arms in New Hampshire, Connecticut and the West. During the contests they manifested but little inter est in the result, and they comment upon the disaster in such a way as to leave no room to doubt their real feel ings. They say that the success of the Democracy is not due to the strength or activity of that party, but to the luke warmness and disaffection of the Re publicans. The party had two heavy a burden forced upon them, and they re fused to put it upon their shoulders. Their success would have been regard ed as an endorsement of Butlebism and of Jayne and Sanboenism and victory was not greatly desired upon such terms. When luke warmness like this, amounting to political treachery, receives approval, it is an evidence of demoralization and disintegration which surely foreshadows approaching and overwhelming defeat. Os course the Radicals say that however much dissatis fied they may be with their own leaders, they will never think of deserting to the Democracy; that if the worst comes they will hoist the standard of a new organization, which will preserve the purity and achieve the triumphs of the old Republican party. But we think they will find that when a politi cal defeat commences it can not bear- | rested half way—it is generally dis j astrous and complete. Upon the other hand, as soon as the other side begins to win success, its power is daily and hourly augmented until it becomes ir resistible. We venture the prediction ; that the States conquered this Spring 1 will never be regained. Unless some un looked for, and certainly very difficult, step be taken to harmonize the party, the prospect seems good for more than one Republican candidate in 1876. Our opponents seem determined to repeat the programme of the Democracy in 1860. While they imitate onr folly let us learn something from their wisdom. TAXING PERSONAL PROPERTY. The telegraph reported a few days since a decision of the United States Supreme Court as to where that kind of personal property,, called incorporeal ■shall be taxed. The case was that of Tapp.an, Collector of Taxes of Chicago, vs. the Merchants’ National Bank of that city. Under the law, the Collector demanded of the bank the taxes due from its shareholders, on their shares, in a lump ; the bank refused, on ground that shares of non-residents were not taxable in Chicago. Tho Circuit Court decided in favor of the bank ; but the Collector carried the ease to the Supreme Court, and that tribunal re verses the decision of tiro Court below, and decides in favor of the Collector, declaring that the law may separate shares of stock in a corporation from the owner for purposes of taxation. Commenting on this decision, tho St. Louis Republican says : The case frequently arises under tax laws, and possesses a general interest. Under the common law, personal prop erty or personally, as it is technically called, followed tlie person of its owner, and was taxable in the place of his resi dence. But that immense class of per sonal property, tho product of modern civilization, known as stocks and shares in corporate companies, was scarcely known to the common law. It is in its nature intangible and incorporeal; a bundle of certificates representing thou sands and even millions of dollars may be hidden in a pocket of the owner, and thus be beyond the reach of a collector. The only method of reaching it is by ap plication to the corporation itself, at its office. The office of the corporation may be in Illinois, and the shareholder in New York ; the Illinois collector cannot reach tho shareholder in New York, but he can reach the company iu Chica go, and this the final decision allows him to do. Under it the right to tax a citizen of Now York on bank or other stock in a corporation located in Illinois may be exercised by the State of Illi nois; the bank earns its profits in the latter State and is protected by its laws; end for purposes of taxation the law nay separate the property and the own er, and tax the former without regard to the situs of the latter. The decision iu manifestly just. It, however, still leaves undecided the question whether the State in which the holder resides may or may not tax him again on the same shares. THE ARKANSAS MUDDLE. Mail advices from Arkansas throw some light on the present condition of affairs in that State. Matters have be come badly mixed. Baxter was nomi nated and oounted into office by the ex treme Radicals. Brooks, his contes tant, was the nominee of the Liberals and Democrats, and it is believed that he received a majority of the legal votes for Governor, but was counted out. To use an expression more foreiblo than elegant, Baxter went right square back on liis party after his inauguration, and it is said has discharged the duties of liis office in a manner to elicit tho sup port of all honest men in the State. The Radical ring expected that Baxter would be a tool in their hands to sub serve their purposes, but it now appears that he has disappointed their expecta tions, and proven himself to be a man of firmness and of integrity. Brooks, the Liberal Republican, who received the Democratic support for Governor, has fallen into the hands of the extreme Radicals. Failing to make use of Bax ter, they seek revenge in liis downfall. The Memphis Appeal says of the pend ing trouble in Arkansas: It is needless to say this unexpected movement will, for the time being, in terfere to prevent the consummation of the plans of the Conservatives and Democrats, who relied upon Governor Baxter for a fair registration and elec tion next Fall. If not prevented, and we do not see how, on account of the trade between Brooks and the Supreme Court, it can be, the Radicals will re ceive through this movement anew lease of power in Arkansas. The Washington correspondent of the Louisville Courier-Journal telegraphs the following: Tlie fraud, trickery, and violence, by which Brooks obtained possession of the Executive office of Arkansas, has created a marked sens-ition here. Gov. Baxter’s right was affirmed by the Su preme Court of tho State; but he has been fair and liberal to the Democrats, and the Radical Congressmen there fore, headed by Clayton, are warmly sup porting Brooks, with, perhaps, a single exception. The President’s, or rather the Attorney-General’s decision remits Governor Baxter to the slow process of an appeal to the Supremo Court, though that body has ever decided the question in Baxter’s favor. This is the reverse of the President’s position in the case of Louisiana, where the President relied on the decision of the State Supreme Court. Senator Clayton, who last ses sion upheld the title of Baxter, now insists that Brooks shall be the Govern or. It is supposed here that there is an understanding between Brooks and the friends of the President that Brooks will so manage the next election as to perpetuate Republican ascendancy, no matter how the State may go in the election. This does not represent the non-inter ference policy of the President in so creditable a light. However, the South ern people would prefer to have tlie Federal Administration attend strictly to affairs within its jurisdiction, and leave the Southern States free to be managed anti controlled by their own citizens. If the President is firm in his determination not to interfere hereafter in our domestic polity, the Southern people will thank him for it. The New York Tribune touches up this new de parture after this fashion: The policy of non-interference in local affairs is anew one with General Grant’s administration. It is not long since the regulation of State elections, the com position of State tickets, the manage ment of ward caucuses, nay, on great emergency, even the upsetting of State governments and the installation of usurping Legislatures, were thought to be legitimate duties of the President’s office. The chief aim of popular gov ernment, according to theories which recently prevailed at Washington, was to preserve the party organization, and the chosen instrument in this great work was of course the President of the United States. For this the patronage was in trusted in his hands. For this he had consulships, and post offices, and for eign missions, and collectorships to give away. For this he had a compact little armv in the troublesome States, and an Attorney-General to set the troops in motion when the disorders of party politics demanded heroic remedies. When the supremacy of the party was endangered in Louisiana, General Grant did not talk to the rival claimants about the State Courts. He made his choice at once between the two candidates, and stuck to his favorite bravely through thick and thin. Mr. Kellogg got all the troops he wanted ; and having the troops, he cauld set up a Judge of his own, whose astonishing orders were promptly and emphatically ratified at the Federal capital. Mr. Kellogg had a much fainter pretense of being elected than Mr. Baxter could show in Arkan sas, and yet General Grant took him bodilj, lifted him into the Executive chair,* and kept him there in spite of all resistance. It is the most natural thing in the world that other claimants, finding themselves in the predicament of Mr. Kellogg, should ask for similar moral countenance aud physical assistance. It was only to be expected, when the Presi dent began the practice of Federal in terference, that all the disturbed States, where the carpet-bagger still rules as a sort of brummagem pro-consul by favor of the Administration, should look to Washington for the settlement of their local controversies, and that neither the vc-rdict of the people nor the decisions of the courts of law should be accepted as conclusive on any issue that involved partisan politics. In Louisiana, in Ar kansas and elsewhere we have conse quently found people who pretend to believe in free government abandoning all faith in the law and the ballot, cast lng themselves down at the steps of the White House, and calling to the Presi dent, “Come and rule over ns.” General Grant has discovered that the interference policy has its disadvan tages. Kellogg is a load under which he lias staggered terribly, and it is a load of which he cannot rid himself. He will be slow to take np another bur den of the same sort—especially when there is no very decided partisan advan tage to be gained by it. Bnt we need not quarrel with bis motives. Whether he refuses to interfere beeanse it is wrong, or because it is not worth while, is of little consequence. He has resolv ed to keep his hands off the Arkansas Governorship and mind his own busi ness; and that is a great reform in Fede ral politics, for which we thank him. VETO OF THE CURRENCY BILL. The President has vetoed the currency bill which fixed the maximum amount of United States notes at $400,000,000, and National Bank bills at $400,000,000. The pressure from the monied centers—• from New York, Boston aud Philadel phia-proved more potent with Presi dent Grant than his meaningless phrase about his having no policy to urge against tho will of the people as ex pressed by the majority of Congress. The President intended at first to ap prove the currency bill, and if the truth were known it would establish the fact that the veto was not so much the re sult of conviction as of a vacilating and time serving policy to accommodate the monied interests of the North. We do not mean to say that the President was bribed, but wo do mean to say that his backbone weakened, and that lie was absolutely frightened by the monied interests of New England and the Mid dle States into a veto of the currencv bill. MESSRS. STEPHENS AND HILL. We publish this morning Mr. Stephens letter in reply to Mr. Hill’s address before the “Atlanta Auxiliary Southern Historical Society,” together with Mr. Hill’s reply. This controversy may properly be denominated a war between intellectual giants. However much they may indulge in crimination aud recrimination, the public at large acknowledge their intellectual superiori ty- In point of ability there are no two men in tho South to-day who surpass them. For ourselves, wo deplore the temper exhibited in the controversy, and regret that both gentlemen should have found it necessary for their vindica tion to have indulged in such violent personal invective against each other. Thero is plenty of room in Geor gia for Mr. Hill and Mr. Stephens. It would be easy for them to use then great talents in a cause more conducive to the interests of society and the peace and well-being of their native State. When such distinguished gentlemen in dulge in languago more becoming the purlieus of disreputable resorts than the forum of legitimate discussion, they are setting a bad example to tho people who look to ‘ them as their intellectual superiors for good examples. It is to us a source of regret that the controversy at the very outset should have degene rated into violent personal abuse coupled with charges of a want of veracity on both sides. The interests of tho State will never be subserved by such undigni fied controversies, nor will the truth of history be vindicated. OFFICIAL CORRUPTION, One of the most deplorable signs of the degeneracy of the times in which we live is to be found in the fact that men occupying the highest official station use their influence with the Government to secure contracts and jobs for parties who divide tho profits or the spoils with the patronizing official. The disclosures of this disgraceful jobbery are a scandal and a shame to the American name. Even the President himself and the members of his Cabinet, Senators and Representatives, are mixed up in this profitable, but shameful business. The Sanborn swindles are the most outrage ous upon record. Here is a man who enjoys an exclusive monopoly as a de tective and informer from the Govern ment. He has his friends in the Cabi net, in Congress, in the Treasury and* other departments of the Government, who furnish him with information to rob the people. The legitimate infer ence is that Sanborn makes a fair di vision of the plunder among his co-con spirators who are the servants of the people. The testimony of a Mr. Odell, Treasurer of the Delaware, Lackawaua and Western Railway Company is very damaging to Mr. Richardson, Secretary of the Treasury. In consequence of a misunderstanding between Commission er Pleasanton and the railway company of which Mr. Odell' is Treasurer, rela tive to the per centage of income which the company was required to pay into the United States Treasury,the payment of the tax was withheld until a decision of the points involved could be obtain ed. The decision was adverse to the company and Mr. Odell gave the com pany’s check for the full amount claim ed—§9o,sßs. He further testifies that this man Sanborn had nothing whatever to do with the matter, nor was he known in the transaction. Mr. Odell was, therefore, surprised when he afterwards learned from official sources, that §49,792 of the amount he had paid in had g&ne into the pockets of Sanborn as his share for collecting it ! Here follows the most damaging portion of Mr. Odell’s testimony, that which shows that Sanborn has his spies in the Treas ury Department, andtvhich is most inju rious to the reputation of Secretary Richardson. Odell mailed his check direct to the Secretary of the Treasury on the 6th day of January, and a letter from Sanborn dated January Bth, only two days later, was produced and shown to him, in which he (Sanborn) stated the exact number, date and amount of Odell’s check. The letter was address ed to the Secretary of the Treasury, and the purport of it was that he (Sanborn) had collected the check—a statement which Odell knew to be because lie had himself sent ’the check for §99,- 585 direct to Secretary Richardson ’ without Sanbobn’s knowledge. This showing is a very bad one for Mr. Secretary Richardson. The impression is that Mr. Richardson, on receiving Odell’s check, had passed it over to Sanborn, who wrote a letter in which he claimed to have collected the amount due the Government by the Delaware, Lackawana and Western Railway Com pany, whereupon he received from Sec retary Richardson half the amount call ed for by the check, to-wit, §49,792. When it is remembered that Sanborn was in no way connected with this case, either directly or indirectly, until the | money was covered into the Treasury | when he set np a claim for half of it, the ; corruption and rapacity of government I officials become alarming. Possibly j Secretary Richardson may be guiltless of complicity in the Sanborn fraud, but the whole transaction is highly dis \ creditable to the department over which he presides. The Secretary should be held responsible for the acts of his underlings, and this Sanborn swindle is one of the most disgraceful of public thefts ever committed under the guise of authority. Public morality is a thing of the past, and official integrity is as rare as decency and good breeding among high officials at the Federal Capital. Washington city affords a fine opportunity for the advocacy of temperance and the inculca tion of morality and other Christian virtues. It is folly to send missionaries to heathean lands, when there is such an inviting field at home where reformation would do the most good. In this ease charity should begin at Washington. It needs conversion. LETTER FROM COLUMBIA. Prostrate Condition of tho State—The Ring of Thieves aud Plunderers— Helpless Condition of the People— The Rascally Officials Riot iu Afflu ence. Columbia, S. C., April 21, 1874. 7b the Editors of the Chronicle and Sentinel: It is but little wonder why the ma terial interests of this State should not be in a better condition than they are at present. On every side one sees the honest tax payer striving with all his energies anil resources to restore his losses and build himself up again; yet on every side he is met by a hungry horde of Radicals who go within aud from out the : leprous State House, from and to every corner of this once proud Commonwealth, sucking the life’s blood of the State and devouring like ravenous wolves the tlesli and bones of this poor down-troddeu people. Tell any Radi cal of any degree, from the constable to the Controller-General or Governor, the wrongs heaped upon you by this bastard ring and bloated power, and you are hounded down to bankruptcy. Is it any wonder, then, why so little expressions of dissatisfaction are heard ? The extravagance of this nefarious State government can be partially ac counted for. Every job or contract, every employee or attache, every salaried officer almost, from the highest to the lowest, is promised or allowed by Radi cal law or Radical contract, more of course than their supposed services are worth. Thero is rarely ever any.money in the State exchequer to liquidate such claims; yet outside capitnlistsaire willing to trust to the honor and solvency of the State, provided a liberal margin be al lowed ; then some day, before dooms-day certain, all such negotiable paper may be found properly filed itnd cancelled among the archives of the State’s trust ed servants, to show where tho hard earned taxes went. Then again the good Legislature must of necessity be in session each year during the collection of taxes, and so long as a dollar is supposed to lie in the Treasury, the members remained perch ed like ravens around the sombre por tals of the reconstructed State House of South Carolina. Along during dull times, -when cash gets a little scarce, State officers, from the highest to the lowest, must of course live and keep up ap pearances; and as their bank accounts be come in a nervous condition, means must be resorted to for recuperation’s sake ! Then appointees and dependants through the different counties are sent for, from whom loans or hush money are extracted, or woe be unto them. Os course “our native young Governor,” who lives so much like a hermit, fares so frugally and economically, never resorts to such low devices. Oh, no; not him ! he is too chaste, too modest and too honest for stiih tricks ! Moses, being a politician of the first water, possessing any quantity of cun ning, fully capable of overseeing the negro, especially the sub-leaders of the “party,” might be the next Governor, but the knowing ones, the leaders, will not have him, because he costs too much ; he wants all! He ne\er learned but lit tle of division, and this rule is about all he wants to perpetuate his reign. The honest exertions of South Caro lina’s best citizens will be met and thwarted at every step toward progress and good government by the Radical ring, but our trusted and tried friends must not let such scum continue to overrun and overrule us. There is a quiet, solemn determination among the people to work and work hard for a better government, less robbery and corruption, than we have had since the so-called era of re construction. I will spend a few days here, but be fore I take my departure will write to you again—upon the airy, luxuriant, jolly, turnouts of this State’s officials, whose salaries range from five to thirty five hundred dollars per annum. Your correspondent thinks they “air” them selves freely and should be freely aired by the press for the good of posterity. Carolinian. VICTOR HUGO STURM. [From the Louisville Courier-Journal.] Notwithstanding the threat of a libel suit we propose to give the public the benefit of a few facts in relation to this fellow Sturm we happen to be in pos session of. Victor Hugo Sturm is the son of a well-known physician living a few miles below Cincinnati. There he married, his wife bringing to him quite a handsome little fortune. He has suc ceeded in spending nearly all of it, the last piece of property his wife owned having been mortgaged to raise him 33,000, with which to engage in business in Knoxville, Tennessee. Not succeed ing, after his means were spent he en gaged with Barkhouse & Bros, as a traveling agent, removing most of his family here, where they remained the larger portion of the time since, and un til recently, boarding for the last sev eral months at the National Hotel, where Sturm secured quarters for them. About the first of November Mrs. Sturm received a letter from her husband, dated at Macon, Georgia, of which the following is a copy: “Macon, Ga., October 29, 1873. “My Dear Wife— Yours to hand, and with pleasure I was indeed glad to hear from you—also to know that my little ones are all well. I hope they will re main so. I am quite busy arranging matters here at the Fair. I have not seen Maggie, and suppose I will not see her unless Igo over to Fort Valley, un less she comes to the Fair here. Mary, I assure you I am tired of this traveling life, and am going to quit on next Jan uary sure. I must and will be more with you and my babies. “Please write me in care of Exchange Hotel. Richmond, Va. “With much love and many kisses to you and the babies, I am, as ever, your “Victor.” Instead of coming to see and be with her, as promised, Mrs. Sturm, a few weeks after this, was handed a letter from him stating that he did not intend to live with her longer, asking her to se cure a divorce, and offering her induce ments if she would do so. He had di vorce papers ready for application at Knoxville, and to make its procurement more easy he confessed to having lived in adultery with a negro woman at that place. Mrs. Sturm took the advice of counsel and declined to apply for a divorce. He then called to see her and threatened her life if she refused to sign the papers he wished, drawing* at the moment a long and sharp bladed knife from his pocket. He had on a previous occasion, as we have authority for say ing, forced her, by presenting a pistol at her head, to give him 8525, the pro ceeds of the sale of a piano presented to her by her father, and similar threats and acts of violence were not unfre quent. Failing in procuring her con sent for a divorce, he has probably se cured one secretly, which of course is invalid, and renders hi» liable to pun ishment for the crime of bigamy. The husband of Mrs. Castlen, whom he mar ried, it is stated died suddenly only some three months ago, and it is not surprising that the affair is now the chief topic of discussion in Macon circles. Sturm is a Mason, aud the Ma sonic fraternity, having had some inti mations of his misconduct, have been making investigations, and, we presume, will thoroughly probe the matter. The destruction of the Columbian Flouring Mills, at Richmond, involve 8500,009, including machinery, flour and grain. NO INFLATION. GRANT VETOES THE FINANCE BILL. He Gives His Reasons in Full For His Action. Washington, April 22. —The Presi dent vetoed tho finance bill, saying he was disposed at first to give great weight to the argument, that there was an unequal distribution of national cur rency, but thought differently upon con sidering the fact that 4,000,000 of such currency still remained in the Treasury subject to the demand of sections desir ing it. He adds the fact cannot bo con cealed, that the bill increases the paper circulation of tho country one hundred million dollars. The theory in his be lief is a departure from the true princi ples of finance and its approval would be a departure from every message sent by him to Congress. Tho following is the President’s veto message : To the Senate of the United States : Herewith I return to the Seuato the bill 617, entitled “An act to fix the amount of IT. S. notes and the circu lation of National Banks, and for other purposes,” without my approval. In doing so I must express my regret at not being able to give my assent to a measure which has received the sanction of a majority of the legislators chosen by the people to make laws for their guidance, and I have studiously sought to find sufficient arguments to justify such assent, but unsuccessfully. Prac tically it is a question whether the meas ure under discussion would give an ad ditional dollar to the irredeemable pa per currency of the country or hot, and whether by requiring three-fourths of the resources to be retained by the banks, and prohibiting interest to be re ceived on the balance, it might not prove a contmction, but the fact cannot bo con cealed that theoretically the bill increases the paper circulation one hundred million dollars, less only the amount of reserve restrained from circulation by the pro vision of the second section. The measure has been supported in the theory that it would give increased cir culation. It is a fair inference, there fore, that if in practice the measure should fail to create the abundance of circulation expected of it the friends of the measure, particularly those out of Congress, would clamor for such infla tion as would give the expected relief. The theory, in my belief, is a departure from true principles of finance, national interest, national obligations to cred itors, Congressional promises, party pledges on the part of both political parties, and of personal views and promises by me in every annual message sent to Congress and in each inaugural address. In my annual message in De cember, 1869, the following passages appear : “Among the evils grow ing out of the rebellion and not yet referred to is that of an irredeemable currency. It is an evil which I hope will receive your most earnest attention. It is a duty, and one of the highest duties, of Government to secure to the citizen a medium of ex change of fixed, unvarying value. This implies a return to a specie basis, and no substitute for it can bo devised. It should be commenced now, and reached at the earliest practicable moment, con sistent with a fair regard to the interest of the debtor class. Immediate resump tion, if practicable, would not be de sirable. It would compel the debtor class to pay beyond their contracts the premium on gold at the date of their purchase, and would bring bankruptcy ‘and ruin to thousands. Fluctuations, however, in the proper value of the measure of all value—gold—is detri mental to the interests of trade. It makes the man of business an in voluntary gambler, for in all sales where future payment is to be made both parties speculate as to what will be the value of the currency to be paid and received. I earnestly recommend to you, then, such legislation as will in sure a gradual return to specie payments, and put an immediate stop to fluctua tion in the value of currency.” I still adhere to the views then expressed. As early as December 4, 1865, the House of Representatives passed a resolution, bv a vote of 144 yeas to 6 nays, concurring in the views of the Secretary of the Treasury in relation to the necessity of a contraction of the currency, with a view to as early a resumption of specie payments as tire business interests of the country will permit, and pledging co-operative action to this end as speedi ly as possible. The first act passed by the Forty-first Congress, on the 18th day of March, 1869, was as follows: An act to strengthen the public credit of the United States. lie it enacted, etc., That in order to remove any doubt as to the purpose of the Government to discharge all its obligations to the pub lic creditors, and to settle conflicting questions and interpretations of the law by virtue of which such obligations have been contracted, it is hereby pro vided and declared that the faith of the United States is solemnly pledged to the payment in coin or its equivalent of all the obligations of the United States and of all the interest bearing obligations, except in case where the law authoriz ing the issue of any such obligation has expressly provided that the same may be paid in lawful money or in other cur rency than gold and silver, but none of the said interest bearing obligations not already due, shall be redeemed or paid before maturity, unless at such times as the United States notes shall be conver tible into coin at the option of the holder, or unless at such time bonds of the United States bearing a lower rate of interest than the bonds to be redeemed can be sold at par in coin, and the United States also solemnly pledges its faith to make provision at the earliest practi cable period for tho redemption of the United States notes in coin.” This act still remains as a continuing pledge of the faith of the United States to make provision at the earliest practi cable moment for tho redemption of the United States notes in coin. A declara tion contained in the act of June 30] 1864, created an obligation that the total amount of United States notes issued or to be issued, should never exceed four hundred millions of dollars. The amount in actual circulation was ac tually reduced to three hundred and fifty-six millions of dollars, at which point Congress passed the act of Februa ry 4, 1868, suspending the further re duStion of the currency. The forty-four millions have ever been regarded as a reserve to be used oidy in case of emergency, such as has occurred on several occasions, and must occur when from any cause reve nues suddenly fall below expeditures and such a reserve is necessary, because the fractional currency, amounting to fifty millions, is redeemable in legal tender on call. It may be said that such a return of fractional currency for re demption is impossible, but let steps bo taken for a return to a specie basis, and it will be found that silver will take the place of fractional currency as rapidly as it can be supplied. When the pre mium in gold reaches a sufficiently low point with the amount of United States notes to be issued permanently fixed within proper limits, and the Treasury so strengthened as to be able to redeem them in coin on demand, it will then be safe to inaugurate a system of free banking, with such provisions as to make oompnlsory redemption of the circulat ing notes of the banks in coin or in United States notes themselves re deemable and made equivalent to coin. Asa measure preparatory to free bank ing or for placing the Government in a condition to redeem its notes in coin, at the earliest practicable moment, the revenues of the country should bo increased, so as to pay current expenses, provide for the sinking fund required by law, and also a surplus to be retained in the Treasury in gold. lam not a be liever in any artificial method of making paper money equal to coin when the ‘coin is not owned or held ready to re deem the promises to pay, for paper money is nothing more than promises to pay. It is valuable exactly in propor tion to the amount of coin that it can be converted into. While coin is not used &s a circulating medium, or the currency of the country is not convertible into it at par it becomes an article of com merce as much as any other product. The surplus will seek a foreign market, as will any other surplus. The balance of trade has nothing to do with the question. Duties on imports being re quired in coin creates a limited demand for gold. About enough to satisfy that de mand remains in the country. To increase this supply I see no way open but by the Government hoarding the means above given, and possibly requiring the Na tional Banks to aid. It is claimed by the advocates of the measure herewith returned that there is an unequal distri bution of the banking capital of the country. I was disposed to give great weight to this view of tho question at NUMBER 17. first, but on reflection it will bo remem bered that there still remains 34,000,000 of authorized bank notes in circulation assigned to States having less than their quota not yet taken. 111 addition to this, the States having less than their quota of bank circulation have tho option of $25,000,000 more to bo taken from those States having more than their proportion. When thus is all taken up or when specie payments aro fully restored, or in rapid process of restoration will be the lime to consider the question of “more currency.” U. S. Grant, Executive Mansion, April 22, 1874. New York, April 22.—Although the news of the veto by President Grant, of the currency bill, had not become gener ally known at the close of banking hours, the information had spread with suf ficient rapidity to cause some excitement and conversation at street corners, on the subject. The prevailing tone was one of joy at the result of tho Presi dent’s deliberation. Tho feeling in spired was generally a hopeful one for the future. At the close of business at tho Stock Exchange tho market was strong, having become firmer immediate ly upon tho receipt of tho intelligence from Washington. Rochester, April 22.—One hundred guns were fired in honor of the veto message. Boston, April 22.—The veto message of the President was received hero with great joy. OUR ATLANTA CORRESPONDENCE. Atlanta, April 21, 1874. The Stepliens-Hill Controversy Continues to be the absorbing topic of conversation. Mr. Hill, it is under stood, has been devoting his leisure time to the preparation of nn elaborate reply to Mr. Stephens’ first “Phillipic;” and lie will probably publish his rejoinder in the herald, of this city, some time about, the middle of the present week. — Mr. Hill’s friends confidently predict ho will readily and gracefully establish all lie proclaimed in his speech before tho Atlanta branch of tho Southern Histori cal Society. It is said that Mr. Hill, in stead of endeavoring to reconcile tho ambiguity of his language in referring to the conversation between himself and! Mr. Davis, by a plea of inadvertency in tho use of words, will maintain that ho was in Richmond at tho time specified. Newspaper Changes. For a week past a variety of rumors have been circulated to the effect that Messrs. Alston k Grady were about to dispose of a part interest in the Herald. It was reported at one time that Col. I. W. Avery, of tho Constitution, had bought an interest; that Mr. Estill, of the Savannah News, and that Maj. Cal houn, of the Columbus Enquir&r, had negotiated for its purchase; and lastly that Mr. B. 11. Hill had obtained a con trolling interest in the enterprise. Gen. D. M. Dußose. It is now understood that General Du- Bose is here on a professional visit negotiating for the collection of a claim of several thousand dollars; and it is believed that his visit possesses littlo political significance. Mr. Hill, I under stand, feels much aggrieved at the pub lished report that lie, General Dußoso and others were seen in private consul tation. He says that he was absent from the city at the time the report was circulated. General Dußose lias many friends here; indeed it is to be supposed that this is the easo wherever lie is known, because his social, genial man ners will win him friends wherever ho may go. Col. Sneed. It is the prevailing opinion that Messrs. Alston k Grady are sincere in their an nouncement of their intention to edit their paper themselves; and this fact alone explains Col. J. R. Sneed’s retire ment from the herald. Both Mr. Griuly and Col. Alston are ready, fluent and pungent writers, and, unless some fur ther change occurs in tho editorial management of that journal, it is ex pect that these two gentlemen will edit tho herald with ability. The Pious Fanatics. Immediately after tho close of the war a gentleman in this city, owning a large body of land in the suburbs, inaugurat ed a scheme for settling freedmen there on. In order to induce a speedy settle ment he offered them property on long time, specifying in contracts for tho same that unless one-third of the pur chase money were paid within a certain time provided, the purchasers should forfeit the property. In the course of two or three mouths the freedmen had erected two or three hundred dwellings, somo very inferior, but great numbers of them good substantial buildings, the entire improvements costing probably thirty or forty thousand dollars. About this time agents of a Northern society for the education of tho “poor,freedman” came along, recouuoitering the country with a view to establishing a Colored University. The gentleman who had just sold his property to these negroes, speedily concluded a contract for a sec ond sale of tho property, claiming Hart all the negroes had forfeited their prop erty by failure to observe the torms of their contract. The trustees of tho Colored University took immediate pos session of the property; turned many of the ignorant negroes out of house and homes, giving as the only explanation that they had purchased the entire property. Many freedmen who had spent all their money ranging in amounts from SIOO to $2,000 were thus defrauded of not only house and homes but of all their hard earn ings for several years. Somo negroes were allowed to remain on boudition that they should pay rent, and others allowed to remain in possession for tho time being. The negroes were promised that no white person should he permit ted to settlo among them ; that manu factories should be established, wherein they should have exclusive employment, and the bonds, contracts, moitgages and deeds were endorsed with the be nifleent motto “Enmity to none; charity to all;” and the great Colored University proceeded in its prosperous, career, boasting to the world that it was the asylum for the poor colored people ; that its trustees and teachers had left their luxurious Northern homes and came to this barbarous land, in or der to become, the champions, protec tors and defenders of the poor, down-trodden, persecuted negro from tho cruel aud wanton oppression of their former rebel masters. It subsequently transpired thatmanyof the negroes had complied with the terms of the contract, and they immediately com menced suit for the recovery of their property. This morning two of theso complainants obtained a verdict, recov ering their property, with damages. It thus appears that the poor deluded 110- groes have to flee tho championship of their so-called Northern protectors, and at last appeal for justice to a jury of their former “cruel and oppressive masters.” The verdict occasions much rejoicing among the citizens of this place, and it is expected that nearly all these poor freedmen will recover tho property out of which they have been defrauded, Win. Henry Peck. A gentleman of this city has received a letter from Mr. Wm. Henry l’eck, of New York city, formerly of Georgia, and reputed to be the most prolific writer in America, in which that gentleman ex presses his intention to move South, and purposes to settle 111 Atlanta. He still, cherishes the memory of Southern life and Southern institutions, and desires to return South, where lie enn lear his family with assurances that they will imbibe that patriotism and chivalrous sentiment peculiar to Southern hearts. Mr. Graves, of New York, a Baptist evangelist, is conducting ft revival in this city/ He is an eccentric individual, and not a few pronounce him a lunatic. Ho preaches sermons in the open air on tho streets, in mud and rain, to promiscuous multitudes of Christians, loafers, drunk ards, dead beats, and other sinners. He goes to Columbus to-morrow to open the campaign in that city. It is stated that seven or eight reve nue detectives aro reconnoitering tho city with a view to detect frauds iu tho revenue department. It seems that some person is determined to remove Mr. Holtzclaw, tho Collector at this place. _____ _ Halifax. The Episcopal Convention. Tho delegates to the Episcopal Convention, which meets in Athens on the 6tli of May, will be passed over the following named ronds for one fare, viz : Georgia, Macon and Augusta, Western and At lantic, Central, Atlantic and Gulf, Ma con and Brunswick, Southwestern, and Muscogee. On tho three roads first named delegates must ask for return tickets ; over all others the certificate of the Secretary will pass them.
