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THE DAILY Daily Paper $10 a Year. 'Let our Just Censare PHONI?. Attend the True Event." Tri-Weeklj $7 a Tear BY J. A. SELBY. COLUMBIA, S. C., WEDNESDAY MORNING, DECEMBER 27, 1865. YOL. I-NO. 232 THE PHONIX, PUBLISHED DA1I.T AK? TBl-WJIIKLT, BY JULIAN A. SELBY. STATE PRINTE ll. 7&RMS-IN ADVANCE. A nTXHTISFME*T3 Inserted at ?l per square for the first in? sertion, and 75 cents for each subsequent. JU* Special notices 15 cents a line. What our Currency ha> Coat us. On another page we insert a paper in which is shown the effect that our irredeemable and inflated paper cur? rency has had on the prices of the necessaries of life. It will thereby be seen that the cost of these neces? saries has increased in exact ratio with the amount of legal tender notes placed in circulation. It is folly to assert that it is any? thing else than the extensive issue of these notes that has driven prices to their present standard. It certainly is not the war that has done so. The internal taxation and the increased tariff which the latter made necessary, would, alone, have caused values to advance on an average not over fifteen per cent. The demand for certain articles-created by the war might have added (but only during the war) twenty or twenty-five per cent, addi? tional. The average ineretise at the coniinencenient of the present year" stood at one hundred and fifty per cent, over the prices of 1800. Thus, more than one hundred per ? cent, of increase was solely attributable to the financial tinkering of Mr. Chase and a Republican Congress. The examples which we present of the effect of a superabundance of specie in Spain and Bombay prove, beyond doubt, that an in fluted circu? lating medium tends to but one result. Prices are governed by the quantity of currency afloat, it matters not of what that currency may con? sist, or how high may bc the credit of a nation. Mr. J. R. McCulloch, tho great English commercial economist, says: ''Paper money, meaning thereby notes not payable on demand, but which are," notwithstanding, legal tender, is not affected by a want of credit. It may be depreciated through excess, hut hy nothing else. It has no intrinsic worth, and is not the rep? resentative of anything in particular. Its value is entirely dependent on the extent to which it is issued." Throughout the war the nation hus been liberal beyond precedent, stud was ever ready to supply the Govern ment with all the funds it required Mr. Chase could have got every penny he needed by way of loan. Instead of this he set about to reform the laws of financial gravitation and boasted of the amount of interest he had saved the country by deluging the land with a flood of greenbacks. Let us contemplate the result. 1. By the redundant currency, prices were sent up to above double what they would have been if the currency had been kept down to a gold standard. 2. Owing to thc high prices, the Government has only received about fifty cents, in gold value, upon each dollar disbursed. {gil When the currency is brought back to a gold standard, wc shall have to pay about twelve per cent, interest on the actual value received. Por half thc debt, which we have contracted, we hare received no valve whatever. It thus appears that among the blessings of Republican rule, for which, no doubt, we ought, to be very thankful, we have had, and still have, to pay double price for everything we buy, and to pay double rent and dou? ble taxes, and tire saddled with a debt double what it ought to be. And be it remembered that, nuder a wise financial administration, we should have received exactly the same amount of everything for the lesser sunt that we have got for the larger. We have been continually told that, when the war was over, and when the price of gold was reduced, prices would fftll. Well, the war is over, and gold has dropped more than one hundred per cent, during the past twelve months, yet real estate .and rents are higher than they were a year ago, and articles of domestic produce are but little over twenty five per cent, less in price-in fact, just about the amount that the war j demand raised them. This disparity I between the rate of gold and that of other commodities is a direct loss to the country. With the present paper circulation nfloat, it would be better for the nation if gold w:is ai two hun? dred and fifty. At the present rate, I we cannot afford to export our man j ufacturea, because the gold we should i receive in exchange would not pro j duce a remunerative amount of green I backs. The rate is, however, highly I profitable to the importer who can ! afford to pay heavy protective duties, I and then undersell tue home pro ! duce?. It is te be hoped that the present ! Secretary of the Treasury- may find a j way to reduce prices to a proper i level, and that the legacy which Mr. j Chase has left ns in the shape of a j dotibled debt will teach tis never I again to trust an inexperienced i financier.-New York Neus. NOTICE ! MAYOR'S OFFICE, COI.TX.VIA, S. C., Decembor24, 1865. ALL nortics selling SPIRITUOUS LI? QUORS, liv retail or otherwise, in tho j citv of Columbia, are notified that sale of j the same must bo STOPPED, until after : MONDAY. January 1. Persons not obey? ing this order willbe arrested ann prose ? CU ted hythe city authorities. liv order of Conned, j Dec' 24_JAH^ G. GIBBES, Mavor. ?FIRWKS ! FIRE-WORKS ! SKY ROCKETS, ROMAN CANDLES, WHEEL ROCKETS, SCROLL WHEELS, PIN WHEELS, TRIANGLES, j GRASSHOPPERS, SERPENTS, Ac. Just ? received and for sale at Dec 23 COFFIN A RAYENEL'S. Toys! Toys! AVARIETY of HANDSOME and AT? TRACTIVE TOYS, just rece red and ! for sale at COFFIN & RAYENEL'S. ' Dec 21! Annual Meeting of Stockholders ; OF ! COLUMBIA GAS-LIGHT ?.COMPANY, THE above meeting will take place on THURSDAY, 28th inst., at ll o'clock, I at the office of Messrs. Clarkson A Talley, Washington street. JACOB LEVIN, ifccretarv Columbia Gas-light Co. I Dec 21 % _ Wofford College, SPARTANBURG C. H., S. C. THE next session will begin on the SECOND MONDAY in January, I860. In addition to regular students, those who may desire to pursue select studies will be received ?into the institution. A l'rcnnrntory School is also kept in the ; College, tinder the supervision or the Fa ? culty. Tuition, including contingent fee, j $54 per year. Boa rd about $12 per month. ; Tuition and Board are reckoned in specie, ' but payable in paper curroncv. A. M. S 1*1 PP, Dec 7 Hun President Wofford College. SPART Witt HG BY request of the Trustees of this institution, it is at pre? sent under the supervision of the Faculty of Wofford College. The undersigned, with Pro.f. DuPRE and .such assistant j teachers as may be necessary, will give in ' st niel inn at the Female College. The next session will begin on thc 2d ! MONDAY in January, 1?C,<;' 'Tuition, in : eluding contingent fee, ??t? per year; Mu I sic, including use of instrument, $45 per year: French, ?:30; Board, about $12 per ! month, Tuition and Board are reckoned in I specie,but payable in paper currency, i The course of studies is liberal arid ex? tended, including Ancient Languages and I instruction in Vocal Music, for which no extra charge is made. A. M. Silin?, D'!c7thm President Wofford CoUege. Wanted to Hire. A COMPETENT NURSE for a child a JT\_ voir old; white or colored. A fi rat-rate I i ?use Servant. A first-rate Chambermaid. Tl?e best recommendations required. Apply it this office. Dec 21 Plantations to Bent. ON the 1st MONDAY rn February, at Co? lumbia, by order of the Executor of the late Jame? O'Hanlon, will be disposed of to the highest approved bidder, the LAND belonging to said estate, for the ?ear I860, and known as the Singleton and -og Castle Tracts. They aro superior cot? ton and grain lands. 60 or 70 hands can be advantageously employed on the Sin? gleton placo, and" about 25 or- 30 at Log Castle. W. A. KARRIS, AgenC Dec 24 LOOK AT THIS ! THAT very desirable BRICK MANSION, of modern architecture, with corres? ponding ont-buildings and improved grounds, corner of Laurel aud - streets, is for sale-thc proprietor expect? ing to remove from the city. Apply to Dee 20 wf W. A. HARRIS, Agent. For Sale, ANEAT and comfortable COTTAGE HOUSE, with six rooms and requisite out-buiidings, corner of Senate and Hender? son streets. W. A. HARRIS, Agent Dec 20_wf For Sale, ACOMFORTABLE HOU?E and LOT for a small family, corner pf Lumber and I Lincoln streets. W. A. HARRIS, Agent. I Dee 20 ' wf For Sale.. S A MOST desirable unimproved LOT ! J\_ five-eighths of an acre-corner of ? Blain and Muriel; streets. ! Dec 20 wf ,Y. A. HARRIS. Agent. For Sale, I ? ^ unimproved LOT, of one acre, corner I /\ of Sumter aud Pendleton streets I convenient to Main street-well located for I a hotel or private residence. ! Dec 20 wf W. A. HARRIS, Agent. For Sale, ACRE LOT, between Main and Sum T'j? ter streets, "r acre LOT, on Main street, j Dec 20 wf W. A. HARRIS, Agent. I " For" Sale, ^* " ONE ACRE LOT, convenient to Charles? ton Railroad Depot. ; Dec 20 wf _ W. A. HARRIS, Agent. For Sale, SUNDRY LOTS, improved and unim? proved. Also. PLANTATIONS. ! Dec 20 wf W. A. HARRIS. Agent. : Palmetto House, Spartanburg G. H. j nnHIS extensiv?, well-arranged and popu I _L lar HOTEL is offered for sale. See 1 band-bills. W. A. HARRIS. Ag? lt. j Dec 20_wf 4,000 ACRES OF LAIS D, IN the vicinity of Spartanburg village, and bounded in part by the village, will j be divided and sold to suit applicants. ! Dec 20 wf W. A. HARRIS, Agent. FOR SALE, APLANTATION of about 1,100 acres. On it is a good commodious HOUSE j and out-buildings. Near the railroad and i eight miles of Winnsboro. For particulars, ! see W. A. HARRIS, Agent. ! Dec 20_wf FOR SALE, AWELL-FINISHED, large and comfort? able HOUSE, with requisiteout-build I ings, with 18A acres land, or more, if dc i aired, situated ono mile from the city, i Dec 20 wf W. A. HARRIS, Agent. FOR SALK, i (jk~t f\ AAA OF Hamburg and Co ! >3p IA/.V/UU lumbia Railroad Stock. ? Dee 20 wf W. A. HARRIS, Agent. Commission Agent. I ITf A. HARRIS, Agent to Purchase or Y Y . Sell Real Estate. Prompt attention ! given to any business entrusted to his I care. Ofiice, for the present, at bis resi dence, corner Gervais and Bull streets. ; Columbia. S. C. Dec. 3 REAL ESTATE FUR. SALE. ?OFFER for sale several valuable tracts of OAK and ll ?CKORI LANDS, situated I in Bickens District, on tho line of railroad j and around Walhalla. Alsp, some highly improved Grain and Cotton LANDS, in j Fairfield District, located near the Colum 1 bia and Charlotte Railroad. Together with aor?ral superior PLANTATIONS, in Richland District, one of which is bounded on one sido by the Charleston and Colum? bia Railroad. For particulars, applv to Dee S t W. A^ H AR R IS, Agent. South Carolina Railroad Company, < HEN. SUPERINTENDENT'S OFFICE, CHABLESTQN, NOV. 30, 1865. ON* and after WEDNESDAY, Otb Decem? ber, Passenger anti Freight Trains will run on th? Augusta Branch to Midway, ten miles above Branchville, as follows: Leave Charleston.6.00 a. m. Arrive at Charleston.4.15 p. m. Leave Midway.'J.5:5 a. m. Arrive at Mid wa v.12.4s p. m. H. T. PEAKE, Dec 6 Geaeral Superintendent. If yon Want a Comfortable and Con? venient Residence for your Family, BENT THE LATTA HOUSE ! ?9 THE abova ia located near che Char ttft7lotte Railroad Depot. Tba building is divided into niuo comfortable rooms, with a piazza on all sides, and eve j conve? nience in the house a family cou: 1 desire. On the premises ar? imo out-buildings, such ivs Kitchens, Servants' Rooms, Sta? bles, Carriage House, ?Ve. The ground at tached consists of 84 acree LAND, suitable for pasture and growing cf all kinds of grain: lina Vegetable Garden, Orchard, Ac. For terms, applv at tho Auction Room of Messrs. LEVIN ? PE1X0TTO, corner of Assembly and Plain streets. Doc 14 AND HACK LINE TO WASHINGTON, S?, HAVING taken charge of the above HOTEL, and having thoroughly re? fitted icnd refurnished it, I pledge myself, after many years' experience in this busi? ness, to furnish my guests with clean, com? fortable rooms, and a table supplied at all times with thc* very best the marketa afford. 1 am determined to spare no pains to please my patrons. My HACKS from Abbeville to Washing? ton, Ga., will make daily connection with this House, affording to persons gov..g West and East a safe, comfortable and ex? peditious means of conveyance. Persons desiring to go from Abbeville to any point of the country not accessible by public conveyance, can und at my LIVER Y STABLES, for hire, Carriages, Buggies and Saddle Horses. P. S. RUTLEDGE. Abbeville C. H., December 12. 180."). Dec 21__Imo SOUTHSaH MUTITA?T LIFE ISSUANCE COMPANY. [ESTABLISHED 1S49.] CAPITAL.$242,000 Hon. W. F. DKSAUSSURE.President. Dr. JOHN FISHER. .. .Treasurer. F. W. MeMASTER.Actuary. Trulls Company has paid for losses to the I widows and orphans of the South near $400,000. Its rates are low and profits regularly returned to the insurers. For further information and policies of insur? ance, apply to the Actuary, No. 5 Law Ranice, Columbia, S. C. Dec V Imo* BOOTS, SHOES AND LEATHER. THE subscribers have just received general assortment of BOOTS and LSHOES, consisting of : Gent's Singla and Double-soled BOOTS, (Philadelphia make., Balmorals, Gaiters, Bootees. Bro? gans, Ac. Also, alice Jot of the very liest Bait ?mora Oak Sole ; RATHER. We will, an usual, make to order all variet'os of Boots and Shoes, of the best material and workmanship, for cash only-a rule from which tber? will bc no exception. J. & A. OLIVER, Sumter st., Waiweer Rici.la.nd and Laurel Dec 7 Imo* South Carolina-Union District. IN THE COURT OF ORDINARY. Sarah Hames, Applicant, cs.Stephen Fowler et m.. Defendants. IT appearing to my satisfaction that Betsy Bently, Elbert Fowler, Julia Sprouse, Coleman Hames. Presley Hames and William Hames, defendants in this ease, reside without the limits of thisState: It is, then fore, ordered that tiny appear b> fore me, on or before the 12th day of February, A. D. 1866, and object to the division or salo of the real estate of Polly White, deceased, or their consent will be entered of record. C. GAGE, O. U. D. Ordinary's Office. Nov. -JO, 1863. Nov 30 " _wl2 South Carolina-Union District. IN THE COURT OF ORDINARY. Tieuben Briant and Sarah, hi? wife, Appli~ ran's. cs. Wm. Kirliy, J',. C. Kirby and. others, J>ifendant". IT appearing to my satisfaction that Samuel Kirby, Miles Kirby. Alexander Leckee and wife,' Jesse Clark and Martha, his wife, A. T. Briant and Adeline, his wife, and Joseph Martin and Isabella, his wife, defendants in this case, reside without tho limits of this State: It is, therefore, ordered that they appear before rae, on or before the 12th day of February, A. f>. 1866, and object to "the division or sale of thc real estate of Polly White, dec-eased, or their consent will be entered of record. C. GAGE. O. U. D. Ordinary's Office, Nov. 21, 1S03. Nov 30 * wl2 Partnership Notice. WE, the undersigned, have formed a hmitedoartnership for the transac? tion of MERCANTILE BUSINESS, in the city of Columbia, for thc period of five years from this date, (unless sooner deter? mined bv death or bv mutual consent.) The name of the firm is A. C. DAVIS. John English, +he special partner, fur? nishes six thousand dollars in cash; A. C. Davis, the general partner, furnishes his time, labor :md skill. JOHN ENGLISH. N-jv 2>" mG A. C. DAVIS. Tri-Weekly FROM LAURENS TO NEWBERRY ! COMMENCING DECEMBER ll, TNST. LEAVE Laurens on Mon C^^.--'-^.. -days, "Wednesdays and Fri jj Wggygw?days. Leave Newberry on Tuesdays, Thursdays and Sa turdavs. Passengers will be carried through in ONE DAY, and in DAY-LIGHT. In consequence of the irregularity of the trains on the Laurens Railroad, and the probability of their discontinuance altoge? ther, I propuse to establish a HACK LINE between this place and Newberry, com? mencing at or about tho above stated time and on the days mentioned. Passengers will be furnished with com? fortable Coaches and every accommodation usually afforded in such travel. Passengers going down will arrive at Newberry in time to take the ears on the Greenville Railroad for Columbia, thus meeting with no detention. Passengers coming up will arrive at Newberry in the morning in time to take the hack for this place. I do nor undertake the enterprise so much for what I expect to realize from thc I profits, as to facilitate me in publishing the ! Herald, as we arc compelled to have mails; ! and, as no one else seemed disposed, I i have undertaken the project, i For further information, applv at the j Herald ofiice. T. B. CREWS. Laurens C. H.. S. C.. Dec. 1,1865. Engine, etc., for Sale. AFIVE-HORSE' ENGINE, in running order, with pulleys, etc., for sale low. : ApplT at this ofiice. Dec 12 NOTICE j UNTIL FURTHER 0 R D S H S , THE SUBSCRIBER'S HEADgUABTEBS WILL ,BE AT THE STORE OF IC. S. JENKINS, j ASSEMBLY STREET, NEXT MARKET. SANTA CLAUS. Deo 9 Imo Jnst Received from New York j AND FOB SALE AT IL. ?. CLARKE'S, WA SUING TON s TR BET, 4 LARGE and fashionable assortment of , J\. ORNAMENTS and TRIMMINGS for : Ladies* Dresses and Cloaks, consisting of ; Bugles, Butterflies, Drops, Fancy ("ords ? and Buttons, of every description and size; 1 Breakfast Shawls. C< litral Park Hoods, In ; fant's Socks, Ladies" Fancy Neck-Ties, : Ladies" Fancy Neck -Tics, with fringe. Dress ; Elevators, Belt Buckles and Clasps, Silk and Leather Belts, Belting Ribbons 'if ail . colors and widths, Velvet Ribbon of all ' widths. Ladies' Scarfs, Collars and Cuffs, i Traveling Bags, Ladies' Embroidered i Handkerchiefs, Ladies' i.. C. Handker i chiefs, Gent's L. C. Handkerchiefs, Gent's . Silk Handkerchiefs. Ladies' Gloves and Gauntlets, Gent's Buck Gloves, Skirt Braid I of all colors, Coat Bindings. Balmoral j Skirts, a large assortment of Hoop Skirts, Ladien", Gent's, Youth's and Misses' Under j Vests, Ladies' Flannel Skirts, Ladies' i large Double Shawls; a tine assortment of j Perfumeries, Brown Windsor Soap. Tooth i Soap. Toilet Powder, Boxes and Puffs, Hair ; Brushes and ( ombs, Nail Brushes: a tine j assortment of Dress Goods, at greatly ! reduced prices DcLaines, Black ami Col d I Alpacas, Mcrinoes, Calicoes, Ac: Klack Cloth and Cassimeres. fancy Cassimeres, Blankets, Umbrellas, Blue Shirtings, Pa? per Cambric, Linen, Black and Colored Dress Silks. Marceline Silk, Ac. Dec t", TUBMAN UMVEBSITY, Greenville, S. C. THE EXERCISES of this Institution will be resumed on the 15th of Feb? ruary next. For Circular giving further information, application mav be made to PBOF. JNO. F. LANNEAU, Oct f>7 Secretary of Facultv. Charleston Courier. Augusta Chronicle A Sentinel, Edgefleld Advertiser, Newberry Herald, and Yorkrille Enquirer, please copy until the 15th of January, and forward bills to th? Secretary of Faculty, Greenville.