University of South Carolina Libraries
lilil?. CM ike night the day, thon can'et not then he Jahc to any man.'* VOL. IV..NO. 33 O o m m -a ii i o a tio n s . Air Line Railroad. Keoxoec Courier: Tho only question made, in tho canvass for tho subscription of Stock, by the County, to this road, io, an to the liability of tax. The appeal ia made by the opponents, that tho ** poor widow and orphan " will bo imposed upon. Thin ia, indeed, a most pathctio appeal to the finer fooling and sympathy of our nature. Wo o>i h hot-if wo would-resift it; it is impossible ; we must know how wo act. The subject is too grave to pt*i it by lightly, with only an interest fur tho County, oursolvos, ?nd future generations, involved in thc mat tor. In niHworin-' this question, I will ask a fow : If the poor *ddow and orphan be poor, h?w much tax would they pay? Is the poor widow ond orphan oppressed by an enter prise that ?rjyias and remunerate* labor ? D ies tho onoour:i<j;mn"nt elven to industry and rn provement. of ? country by a railroad oppress the poor? I? ?io? tax assessed s unjust prop erty instead of the poor? How is o lax to oe a burthen when thc property against which it is assessed is increased in Value one hun dmd fold ? How eau you show the least pos sibility o" increase of tux in the subscription of 8200, ?00 Stooge to the Air Line railroad? If there should bc an i n or? ?SO. what propor tion would it bc to the value received ? An swer these questions with candor, lifter due reflection mid thought, und toll me how tho poor widow and orphan, or the tax-payers are to be imposed upon. It strikes me if tho persons who assert su?-h BS facts, would examine the motive which in , duce? thom, thoy would find that they Wf^ in the aam<? fix with thc young man wh/wl,H troubled with an eruption of the shin/'' SCVK" yearn HUndina, when ho suddenly struck a brigfit idea of bis estimable futb/? who was \ long since deceased, und re/o''?hering that ho was a strong man io hisXt'o time, illustra tine it by gyrations of th>/???<>y,l,'C? of t,,(! r ,o,cn y-,...?runtiuv '>'" ~~'U{n* " pretext t.. e0y,\-'bis OwU disease. ^ Vi?ut fest there should be iii iso who might bo opposcdlfor fear of tu*, in not understanding tho liablity it ora ito i. I will given fow U*_r ures thaticannot bo doubted, in answer to thu question,! How much, if anything, can thc tits be itidvased if wo subscribe $200.000. The interest, on thia amount to be provided for. is l-flOOd The tax paid this year hy the Coil ti tV la 832,000. This is paid on a valuation if 83.000.000. When lie road is Completo it will add 81,000,000 to the taxable property of th. County. The increase being one quarter ?I. l^nwpa^-W- <JJvrier our tax, 88,000. Wo then ?dd $14,1)00 to Vim 781 .'??rt, but at tho fame time we old thc $1.000. 0i)0 to the taxable property, which would leave 80,000 \o bo provided for, on the as sessment of U.op.^OOO} only 15 cents io> the $100. Then, to retire thc bonds in 20 years, add 10 <JpnH to the $100. and the total would not exceed 25 cents, or $2.o0 per the 91,000 of assessment. In this, tho'iCnunty would huvo acquired $l,000,t)00 additional taxable property and become the owner of $200,000 of Stock in the Air Line Itailro id. ^ In all of thia cati mato it must bc remcm bered that the figures aro bused on tho pres ont value of property, and without gi vi nt.' crodit for the iucomo and divid. iuds of t\u. Jl?ilro'td. And to thoso that seem opposed, or quo tion tho propriety of aid. I would .sk, llave you not admitted, and even asscrtod. that you believe the fond will boa paying one; I li tv. tailed li)'hoar ol' any ot nor expression. If >u how is it to bo a burthen on ?tu? poor wi 'ow und orphan, oj* thu tax-payers?- A div demi of 3 por.oent wilj pay the $s?,000,thai w loft of tho interest after oredit is givun to tl? railroad for other t?Yea paid to thc County Before noy oti'j o .b sustain a p sino th the -Stock would be Vunben?mmc by fax - . they must abandon tu- admission;, thm ?i would bo u paying road. Another credit to tho liability of tax must be made of the increase bi'the value of prop tty Atado by the iidvan'tw*.^ ?f M? road, ii ls safe to aay that th'* rout) increase* tho vtu\.'C of property in tho County wo-foltj, if eon utriinbwtd through the center, inakiiiur the val ?BDO.OOO ; a profit of $3?000,000 by the $200,000 \ I oak then tho self fiaoiifioing^aympathetio Jioartcd' man, how ia tho po.or mrphup and ^vridpw,robbe4 hy subscribing fc20&,000 Stook to tho Air Lino railroad ? LntVhose who vdesire to/nct for the Interest of fte County andjtho good of tho people, bownrd of those who oppose nid to tho road, and satiety th?qp (jejvos, thot fchoro is merit in tho opjiM?tion, pud-pot an laruption of tho skin. \lo not deoo?fc^'lu'1 noting for tho true intoresftof tho , OotfiKyJ 1? iba't'vbtiV tra* intered HesA Tho ^?t<?,s>^ood U) the grouty number. \ VARI From tho No* Orlenos 1' ayune. to Southern Hutorioal Society Confederate Losses During 'te Civil War, 1861-5 -Correspondence J: tween fhe Sec retary, Dr. Joseph Jone?, und Gen. es. Cooper, Formerly Adjuta t Genaral 'of\ tlt/G United States. _ ' NEW ORLEANS, Aug. 2, 1869. Gen S Cooper, Alexan?'/"'"i f?* 1 M A ii Sm -You Will ptif?a?l xouso thc Uh erty which I t?ko in trespasser upon your valuable time. : 1 huvo recently boon pro-faring, fur the Southern Historical Society, ?ipaper upon the losses of the Confederate Anni, from buttles, wounds and disease, during tho oivil w?r 1861-5. Th?- following goner;! re-ults of ni y investigation tro nib*! rospootftlly submitted to you for oxxtiiiitatiou ?nd oritoism : Kilted, Wounded and f?ri?onw of flu-' Cat? federate Arm// During the \yr, 1801-5 Y".ir. Killel. W'iundil IVlHuner* 18il 1.115 4,0 )\ 2 772 18):: I8i?82 08 Or?) 48,3 >o 18'"?:} 11 870 51 13 fe 71,211 1804-5. 22.000 Yu."d' 80.000 Titat 03.77?! 104.OjO 2D2 ?S8 If thc i ni lis from diaeaMojae added, the SUUJ total will represent tue imJro los?. Thc returns af the fi dd ?nd??ooral hospi tals iro kn. wn for 1801 nod /802. Confederates ktll.V lil Inf Oe, 2 19.807 Deaths euused by wounds tu field buiip/tals, : : : 1,623 Doaths prosed by wounds in (taner al hospitals, : : : 2.618 Dc*'hs caused by disouse iii field hospitals, : : : 14,697 Deaths caused by disease in puerai hospitals, : : : 16,741 Total doutha in thc C. S. A.. 1801 2 55,470 ,, wounded *l ; " 72.713 ,, prisoners *' | " 51.072 dischurgod o | ?? 10,94?? ,, wounded, prisoners uni tiis oharged iu 1861 2, 140.725 If it be fuir to ane?me thatthe total mortui itv of 1863-4 was fully ccjualto that ol 1862? then thc total doaths in th opon federa lu Ar my, 1801-5 was at loast 160.000. nxolusive of the deaths in Northern prisons, which W ?uld swell the number tit lte.-r 185 OOO . an I if thc de Ohs muong.* tho disoliarged for wound.-ami iiseascs, luniimongst thexick . od wounded on furlough, I? added, tho grand total of deaths in the Confider ito army, during tho entire w u-, did not fall far short, of 200, ooo. According tu this calculation, ihr tr ? from disease w re about three limes as uu inorous as those resulting from casualties of battle. 1 he uv.il >bhi Confederate force du ri OL' the j'in im w.n. ox coed ?i>T liuii?'.*"' tin usftttd (OOO.OOO) tuon Ol' tl'is number nut inure than four hundred thousand (400.000) were enrolled ut any ono time; and ibo Confeder ate States never liad in the field more than two hundred thousand (200.out?) men cap>i hie of bearing arius, ut ?ny one time, exclu sive of sick, wounded and disabled. If the preceding calculation bi- con cot? we nave thc following figures, illustrating tlie losses of the ContVderate armies during tho war : Confederate forces actively engaged . in 1861-5, : t : 600,000 r.ital deaths in C. S A ,( : : 200,000 Losses of C S A., in vprisouers. 1861-5. wluoh niiy b(i con (Odored US total losses, o?l neeounror tho policy of non oxchunge hy thu United States. : " : : : 200,000 f<oss< s of C. S A. hy discharges, disability and desortion. : 100,000 if this mloulutuui, which is givoo only HS ll 'ipproxi.oali.in, bc corrcet, ono third of al) the oion natively lUi'gtigou on the (!onfedente -nie were eiilmr killed outright upon the field or died id' disease mid wounds ; another third ol'tim entire number were captured and held i . m indefinite pc'i'id in Northern prisons} mid id' the ruuniMiinu 10 ).000. at loast one b ili w. re Inst tu the service by discharges KIO desertion j At the close ni lim wal' tim uvaii-tbic folOO ?t' the Confed?rate Kuti* numbered scarcely lOO.OUO eiTootiyd men Tin? resolution, unsurpassed bravery and ?kill with >yI)ioli tim Oonludorate leaders con luetod this ountcHt i?? tdiown by tho fd ot that mt ol' dOO.UOO 'lien in thu field "hout 500, )j)0 were lost to tho sorvioo. I At the oloso of (ho ?|i.|?? the. 100.000 Com cdorutOH wt?ru opposed to ono million (1,000, )00) Federal truopa. Your approve! or disspprovul of thin oulou ation is wost respectfully, solioitod. Tho distinguished lOiiiity with which yo? il?ohargqd tho responsible und arduous duties ?f Adjutant General of M>o ' Vonfal*r?t*> irmy fjuajjfloa, yon, rdiovo erery other ol li ? er >f tho lato OoufodoToto Stato?, ii? rlootdfe Ww tar fcuoh calculalious may approach to acou recy. With great respect and the highest esteem, I havo the honor to bc, y<mr obedient ser ! vant, JOSEPH JONES, M D., I Secretary and Treasurer Southern Hiator ! l?Vl OoUl"Vr r-...l>- OL-i.trv M*d?Crtl Department University of I^onifiiana. NEAR ALEXANDRIA, VA , ) Aupnet 29, 1869. { Dr. Joseph Jones. Secretary and Treasurer ot the Southern Historical Society, New Or- ? leans, La.: DKAR SIR - I have bad the honor to receive your kind and interesting leltcr, of tho 2d mst., and hog yo? will accept my beat (hanks for tlic ?ame I havo closely examined your se-vural Rtat?? mont!? in respect to the I'on fedora to military for?;?.'? during the hil) ?ir is well is the c?* U Uns ineid ni to \ sad I have eoino tn |h<> eIMOUMOI from ?ny tfeneral reeolleetioii If ?tell th iso state mints hive served in en liga? - i rh.it th';v mus? b- regirded ?s nearly oiit . 1 1 vd ?t of thc returns from ', iv^ c ? ./.??. i ?-' i th atv 1 iv i doriv'?d v mr inform .lion ..no xv ? ?-nved through tho fib? m my ,?ri-.- in ib< l'oiilt-deraev. ?nd if refer ?'nee could be made to ?ll the ri cords of that office, ?hey would I hive no doubt, ..na ble you to <ivf nearly a complete history of the slreoirth and i.perations of <?r armies in detail. Tin- fib's of th <t ?itlfi.ie which could beat afford thia information, Were cm-fully boxed up, and taken on 001 n tr. at fro o Rich* mond to Charlotte. N (3 , woore, 'hoy were Unfortunately finally cap'nrcd. iud.aa I learn, are now in Washington, where ?hey are prop erly ar railed in a seriara te building, with other records appertaining to the I 'oub dera. Cy. I presume that by proper management, reference might be had to thc tu Indeed, f bad al one tune contemplated to make an effort to renew my nocpi?iot.tnuti with tho records by a personal application Kt the authorities in in Washington, hui I finally abandoned thc idea. Lt would afford un: much pliMSlUOto fum> Uh you with the information in the tabular form you havo augUCMt?td, hut it Would do quite impossible for me to do this without j reference to those roomds. I c oi only st MI I rom general leeolleetion mat during 1 lit* iw. tnnl .V-*"*" oi* tip? ivar the monthly returns ol our armies received at my o?fi .. exhibited tb? present active force in the field nearly ?W hi*t les-? than tho returns themselves actually oalh-d fir, ?in moonul nf ?itnoof?ns hy sickness extra duty, furl ?ughs, il ..?. rt'oos, und othei oa ilalties incident t * a ea.np i. u life. Th OM reno o-, ware kepi with t?re.?t Si-oreoy, in or.let to prevent th? enemy from becomiug ac qu.tuted with our weakness. Another 'Us ad'autitte waa also felt io the limited nuiu ber of our auil-.blo weapons of w?;r, and I be lieve it will be found, on examination, tba tito lOU?t fipprotvl and tried arms in tin hands of our troops were QapYtrtvi-froiu tin enemy in battle Those, and many oilier ri, oidenta of a like nature, if brought to light would exhibit the greatest disparity betweo the two opposing forces, if not alike in th number ot troops, as you have exhibited i your tables, ut least of sutfiuiout iiiiportmo to ?ut iu fy every un prejudiced mind that w were constantly laboring, throughout tho cou tost under every possible disadvantage. 1 perceive by the printed prospectus of th ''Southern Historical Society," which yu were ?tl kimi i.s to send inc, that time uiu.i bc given in collecting: thc necessary ?!**?l which are. tu be the t><?.?>;*j of ibis importun work, before it nh di be prepared ti lid give to the public. To til?n cud, it will bo tu endeavor to contribute, from timo to ti tut nUoli facts as 1 may bo enabled to oollooti ?u .?a may tie doi-ined of ooiiM'queiioo tiy the Se emly. With gre.it respect, 1 have thc honor to b your obediei. HOrVaUi, ^ S. COO I1 IS ll. CA? Ooiumeroial Oo ivsati m A ..' .?..'..so >n I ?ut wntttuvr from Louisville on fi . itiai.'?l i.'i.i . fi' lii'st 4 iy ( l'a os I iy of tins ooo- -utio i, ^ho?Vi tn it thorn li id binn a good deal ot squabbling in reg ?rd to its rt bilious to Um lalo Al aiphis omi volition, am tue com ni trocs of tho latter waru not aocoj. ted us those for the present convention. Th same oorreapendont adds ; DtHpite* these squibb!".*, tho oonvontioi preso ni st thu ippear nico of a most intolligeii body. ArooUtf its aotive membors aro sun men ss ex Senators George W. Jones, 1 JOWH, and Uiri.orwood, of Kentucky ; Sen-itu Oonkling, of N?w ?York, 0* Senator Jesso I Bright, of Indiana j Vanoey? of Goortriil llemlio, of Ohio, Govcrnor Anderson, of Ker tucky, and * larg* nti.obtr of lauding moir hors from various' States. Delogu tiona fo< un ono tfifjtWlrid Members. Twonty.al Stilen,,arc nproaont.-d. ?Amn'pg thou** lu repvcverrtA^i nro Maino, Oregon, Nobrask: - ? ?? II 11 _|_ m i ? II - Oalitoruia, Cunncctiout, Michigan and South Carolina. Aotive canvassing to far fails to bring to light any particular projects to be disoaaned beyond tho Norfork tod Louisville and Louisville and El Paso Railroads. Roth will be opposed by New York aol Northern end K isle, n delegations, and are not strong ly favoree \,j -a?ori?i? ?ad othor Soatheaetera delegation*, who of course favor ste&.Ti com munication with their own ports. John C. Breckenridge and General Forrest were bot!? on the floor of tho convention to day aa delegates and attracted attention, though n< t taking an aotive part Louisville appears to be full ol' people, and Kentucky hospitality overflows, Tho St. Louis delegation were entert unod to d^y hy tho Kentnoky (Mob, and the same club have place.d a ppcoial par lor nt, the disposal of the members of tho press pf other cities -a great favor, as every hotel haS six hods or more in every room. HOW SOUTH CAROLINA WAS RKVRKSKNTKD A QU ti BK PROCtitiDlNU. The managers of the convention, in their desire m make the body a "National" Con volition, inaugurated a very queer system of representation for some of the States. For inst ?HOC : South Carolina^ 'from sumo roasou uu known, refused qr neglected to appoint del? gale*, to represent that State io the convention, In order to remedy this state of affairs it hal been determined that South Carolina shall not be excladed, and at thc saline time 1 write th? o Palmetto State" h ss a full delegation and ii represented in? every eummittce. This desi ruble end h ie been brought ont by means o colonising from other St ito?. In this rea peet (borgia baa bern very liberal to her ai? ter State, and the Carolinians will find them selves represented bv some of our best mea Some other St iles have but one delegate -od he doesduly for thc winde State. It must no he ihouiihti however, fruin thia that tho Coo volition ia ? humbtttr or a failure, or tba m uv States ?ire represented in it by thea de iv. KIN of HI ra w On th? contrary, it i cone, tied by every one to be a gmud i.n co.iipl.de success. But few States are unn pr< senl. d, and, with 9 uno exceptions, the] del' V 'tes ?re all men of gr?5it business abilit Koo ex rmi leuce, who have earnestly at heal ,"f nivsneetuent of the material interest an i lu? development of the ii du?trial resuurui of every section of tho country. Delegat? fro u ill parts of tho country-'Northern an Western Republicans and S?uthoro Dem orals-atingi? freely, harmoniously togotho and, though they may differ io politic, uuil in erlorts to adopt measures for tho beuefit au iuaprnvi'Uieut ol' their eui muon oouutry. A BATON CV UKKULVTIONS. Wore introduced, which were read and r furred without oomment to appropriate oui mit teen to he reported upon. Theresulutioi were im i nduced by delegated from every se timi ol'the Union, and OD nearly ovary oo eeivable Hubjeot. ^ " Ono Tiypiiliifiti ri_lx/??e? tue Boheme oently inaugurated by ruuuiug a iiuo of ooo steamers directly butweeu the port of Ni York und the harbors of the Orient Tb of oouise, tmj,an*fced trow th* New York dc gavi?n. Another resolution denounood t bondhuyiiig, gold soiling policy of Gram Secretary of the Treasury, aa one calcul?t lu ruin tho Bunnoo* ol' the country. Tl came ?lao from New York. Per contra, ii lew minutes afterward a di legate from t Wes! look up the cudgel in defenco of I nd'uinistratiou, and offered a resolution cud siliii Boutwoll's operations ?s inuoh as t first lind condetnC?d them. Colonel E. Cole, formerly Ol' August?, but now of Na ville, introduced a resolution that tho u trunk ut'tim Southern Waoifie Railroad bo c ited fi om Sm Diego, in California, to so j) nut |U TVxas not situated lower than t titi'ty st comi parallel ol' latitude This \ d"iie io accord n te with the plan, the fort lion of which I advised you in my lotter t ie 12th instant. This plan, it will bc mOiui'Ored, w is to prevent any bad fooling the difl'oreutj?tnte.s delegations ou tho subjt by not running the linc dcrootly to uny p on the Southern souboard, but letting eastern terminus be iu Texas, from whet lines might radiate to all the rival barbi It is Ht i 11 thought, however, that a hard ii; will he made on this Southern Pacifie. R road quostion by Virginia and her South allies and tho othor States on the South Initie const, The Virginia and Kontu d?lestions aro working vigorously and | -list .-ntlyt und seem determined to leave mean? unemployed which will tend toward Buring tho viotory vtor Norfolk and Norl ilone. In opposition to Colonel. Cole's soho ? resolution wa? introduced dedaring I Lhe ttydn trunk should bo laid from.'tba 'iiflo to tho Mississippi River ?tiri hayti Mis'Mi ter.niinn at Cairo, on that, stream ?Vliothol ros durbin fi\;<iivd thc cstlbl iBcnl; of diroco trad? lwrwo?m tho South* -^_L_tili_ix. J- J_ll LL!_' an i tiurupo by means of lines of steamships m tining from tho port? of Norfolk, Charles ton Savannah and Mobile to Liverpool. Othora provide that Congreso ba petitioned to reduce tho present enorm OOH and oojost inter nal revenue tax on manofactercd tobacco ; to redone the import doty on machinery inten ded for the spinning of raw cotton ; and to entirely sfcoli?h the dmty on reilr??* nih &a? material ased ie shipbuilding. TflTF. PIGTAILS Thc Tcsolation was adopted to lay over all resolutions for ? flommitt??, ?ad ander it Hon. Bli G. Shorter, of Alabama, introduced the following : Resolved, That in the opinion of this con vention the importation of Chinamen into the United States in oolimited numbera is con trary to enlightened pabHo policy, and will tend to imperil tho prosperity of cotton grow? i og States, the great labor interest, and is un just to industrial daises, and henoo will in troduce a new element of discord ; that it merit? the con dem nat ion of all who hare any regard for the common welfare uf our common country. The r?solution went over under tho rulos. Sub?cqaeutly, the Committee on Immigration reported in favor of the introduction cf Chi nese emigrants, without restriction as to num bers. THU PRESIDENT ANO THE CONVENTION. The following shockingly awkward oica nag? was received from Pr?sident Ciaat : WASHINGTON, October 12. Blanton Duncan, Chairman.-Your dit* patch iaviting my preeenoe at the Commer cial Convention ia Louisville, asas honorary member, is reoeived. I regret nay inability to be present. The objeota of the convention, however, I heartily iud true, aad everything oiilcaUted to iacieaae the commerce of the count ry, Mad eepeoially everything teudiog to bring the citiseoi of different sections of om owu nomi try together ia iutereat uad friend ?hip, us it tends to the allayiuent of sectional prejudice? aud feeliag. I hope your oouven tioo may be productive of such good. U. S. Orant. To which the convention replied by adopt int: tho following resolutions : Resolved, That this convention heartilj reciprocates the sentiment of oordiulity ex pressed by tho President of the United Statoi for tho suoooss of the objeot contemplated bj this convention, ai convoyed in his letter t< thia body, and wa trust it? deliberations wil reault in prouiotiag brotherhood and banno ny between all the oitizeae of the Unite? States. Resolved, That a oommittae or nine bo pointed by (ho chair to communicate to tl President of tho United States, uerson&U; the viuwe of this cue;,d?tiou as embodied i the above resfijrfilion. . TUM G KN KU AL ?B8?LT8 I Of the oouveutiou may he summed up i the following paragraphs, taken from the r< port of tho last day s proceedings : The Seuthora Puoifio Railroad queetio was deoided. The oommiiteo presented tu reports. Thc report favoring thc ?1 Pas* route waa adopted, and the result waa baile with prolonged ehoers. Tho Finance Committee'a report was take up and indefinitely postponed. This ropo recommended an iooroase in the number < national banka, but tho oonvoution show< the white feather and did not act on tho au jeot. J. W. Hilliard, of Georgia, chairman thc Committee oo Taxation, offored a repot which was agreed to. It states that while pluu of honvy taxation muy suit a sploud: government, under our Republic it should I as simple uud light us possible. It propos a modification of tho internal revenue systor so as to tax hut few nrtiolea, and those lux ries, so as to simplify and cheapen it, shows that tho povomment oan bVoarricd < and tho puhlio debt paid wit W?0a,000,00 and that tho plan reoommeoded in tho repe will raise $327,000,000, thus leaving a ev plus annually of ?27,000,000. As to Ste taxation, it is often unequal aad unjust. Business and labor should bo spared as mu? as possiblo, and not be punished by pom ties. Tho next convention will be hold in Ci oinnnti the first Tuesday in Ootobcr. Tits LEGISLATURE; of 1858.-Its etti appropriation, the measure' of ita taxatio was ?481,050. Of this au? ?74,400 * for freo schools $?74,460 Cor building new at repairing old courthouses and jails all ot the State ; ?28,100 and ?7420 for oxtraon nary, charitable and benevolent purposes, a 1300,000 more for tho military ?chipia Columbia and Charleston and the I>enf a Dumb Asylum st.Cedar Springs, Icrivi 1200,080 for ctmctttroxpcnpcaof civil t?voi ment.?-OhurlntoAbNcws. i." ?._Lil Paper-Money Democracy. The theory that paper money is good .nongh for the bloated bondholders was firsts^; propounded in . momont of spite by that grcsjt.?? . republican loader of tho House, Hon. T$jo(/1 Stevens, of Pennsylvania. It was also takon arid advocated, earnestly for a while, by that distiognshed republican Senator. Hon. Sher man, ot Ohio. In the beliof th?j^ i^ Jr?s like ly to become popular tho Domtarats*ftftlio West, and cspeoially in the two States wo . have named, seized upon tho new doc trino and incorporated it iu their political creed. Wo warned thom against suoh uso of t thia infamous proposition. Wo showed that it involves all that is demoralizing and dis honest in tho management of the national finanoes. It repeats, confirms sud extends the greatest errors made by tho republican party in provading ways and means for tho great struggle. Tho issue of a promise to pay as a legal-tender was not only a direct viola tion of thc constitution, but a cruel wrong to every industrial interest, and the fruitful pa rent of nearly all the wrongs, shams, corrup tions, defalcations and general weakening of moral principle which have become so common in . oonncotion with finanoial transactions . We warned eonser\alive men ovcrywhere against committing themselves to this mon strous dogma. The better elass of the republicans never followed the lead of their representative men, tho Btevenses, Butlers and Shermuns, who oared not for the national dishonor, and who originated and advooated this plan of national repudiation. Tho same is true of tho demo crats as a party, their best men insisting that issuing one promise for another can never bo regarded ss an honest paymeut of a debt. But some of tho leaders iu Ohio and Penn sylvania thought to profit by tho dodge, and now they may seo what has come of it. In stead of tho overwhelming triumph they ex pected, they have gathered on new adherents, and have achieved uo substantial victory, al though the generrl apathy of their opponents gave them all the advantage had they under- ' stood how to avail themselves of it. In this State the democracy, while, as wo believe, . rosily holding with their best men that only aotual money could satisfy an honest debt, were led to trimming aud evasion in their late platform, lest they might injure the par ty in other States where the papor money Boheme waa supposed to be popular. They, too, may learn a lesson from the election ro turns now before them. There is no real, permanent gaiu to any person ** party iu tho use or advooaey:J^??j!jebood< fh -dfi?oubtediy true, also, that tho dem ?orats iu tho two great States whero the cou troveray was sharp displayed a want of prue tioal common sense in olingiog to old watch wards having no present sig ni tic ance, and in attempting to renew aa living ?asura some o I thone questions which ha*o been dcfiuitclj nettled by tho recent' civil conflict. It ii worse than useless, it is positive madness, fo any political party or faction to ignoro the pro gross of events, oven though the' facts ma; upset their pet theories, ?hojvdemocrat northward have beforo thom u lennon in tk astion of the victorious conservativo party a tho South, and they must bo blind if they d not profit by it? teachings. Their rocen disappointments simply adds emphasis to th lesson. Thc Pcndletouian style of demoorac has had its day, aud everybody who dings I it will soon bo buried iu the grave of tho dca past, beyond all hope of rouewed vitality i our generation.-iV. Y. Jour. Commerce. WHAT rs LUXURY ?-It may interest fart era to know that upon all Che halter, tina and plough chains used by them they ha been taxed 07 per oont. They aro groat lu urica. Painters ought to know what extravaga ?people they are; all the varnish gum us by thom ato taxed 80 per cont. But silvered pluto glass, iu common \ for mirrors, uud wo all know, used by eve Isbprer for tho mirror over his mantel, wh not above 24 by 80 inches, is taxed only 8 per cent. Plough chains aud varnish you aro i permitted, but you may have plato glass. r . [Reform League WHAT is tho Treasury Department wo if it cannot avert suoh public calamities demoralises our whole commercial syste if it cannot protect the public from tho oct renae of pantos ruinous to the interest internal trade and foreign commerce f rJ ia what the Bank of England docs every ( Mr. Bcutwoll cnn, apparently, offer no jj; fioation fo; his dilatoriness iu potting g into tho market time enough to arrest scheming of the Wall street conspirators, swaine that ho did not Mow whafwas con and k<f Writfcip'ito the horrible confusion i oxioting, Would be tp ohaVgo hbo with grossest ignorance of tho duties he pr?te to Txvrfbro!.-Jfao York Ifrraht