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VOLUME VT_NUMBER 1290. CHARLESTON, WEDNESDAY MORNING, FEBRUARY 9, 1870. SIX DOLLARS A YESfr. EUROPE. FARIS IS JL TUMULT. ARREST OF ROCHEFORT. THE BARRICADES RISIKO. Concentration of thc Imperial Troops. PARIS, Monday, February 7-Evening. Henri Rochefort, editor of tte Marsellaise, was arrested at Belleville, in thc eastern part of th?: city, at an early hour this evening. His friends and partisans aro assembling in great orowds in that quarter. Serious troubles arc expected. TDESDAY-3 A. M. Barricades were erected last night in the Rue>du Foubonrg da Temple, Rue St. Maur, Rue Grange aux Belles, and other streets in toe vicinity. Belleville, the site of tho distur? bance, ls near the Northern and Strasburg Railway station. At hall' past ll A. M., addi? tional detachments of troops arrived; but up to this hour uo firearms have been used. Thc *roop3 In garrison lu the city have-reclveed orders to bold themselves in readiness to march at a moment's notice. Such are thc precautions taken by thu police and military that it is believed that a riot wiil not bc at? tempted with any serious consequences. TUESDAY, 7 A. M. The troubles at Belleville lasted all night, and have extended northward to La Villetle, the extreme northeastern arrondissement within the fortifications. The troop s have not yet resorted to the U3C of firearms. The police are active, and many ringleaders of the riot have been arrested. TUESDAY, 2 P. M. The police attempted to carry the barricade ia the Rue da Faubourg du Temple, but were repulsed with ouc killed and one wouuded. The barricades erected elsewhere were not defended. The troops are out in full force, but have not used firearms. At this hour all is quiet. Many have been arrested-mostly boysunder the Influence of liquor. Beyond the excitement naturally incident to . such an occasionne fest of the city is tran? quil. The government still continues its pre? cautionary measures to prevent outbreaks elsewhere. 9 Tho Queen's Speech. LONDON, February 8. The Queen opened Parliament with a highly Conservative speech. WASHINGTON. It EC OS STU UCTIOS-It ELIE F FOB BEFESTEST REBELS. " THE "WHOLE MATTER TO BE LEFT TO THE OOO R T S . Nothing Done about Georgia. [SPECIAL TELEGRAM TO TUB NEWS.] WASUINUTON, February 8. The Reconstruction Committee to-day de? cided upon the features of thc general plan to bc recommended for tho removal of the disa? bilities imposed by the third scctloa of the Fourteenth amendment. By this plan, applicants arc to be allowed to apply for relief from their debilities to thc Unifed States District Courts, who are to grant amnesty in every case, unless valid objection should be filed within thirty days. lu thc lat? ter event, power Is to be vested ia the judge io decide whether the objection bc sustained by sufficient cause, and if not, thc court ls to grant amnesty without further proceeding, except that the applicant must take an oath ot future loyalty^ Tt e Democrats say that this was tho most Ob?rai bill that could bc obtained at thc hands of tlie committee. Tho corni dttco was also engaged to-day in the consideration o? another bill, to punish persons holding offices lu violation of the Fourteenth amendment. It inflicts severe penalties. Bullock and Terry make an authoritative de? nial that they arc candidates for the Senate, from Georgia. No action was taken to-day in the case ofthat State, but from the best infor? mation that I can gather, I think it probable that Hill and Miller will be denied admission. [FROM THE ASSOCIATED PUSSS.] WASHINGTON, February 8. Thc Ways and Means Committee favor a re? duction or the tux on incomes to three per cent, and an exemption of two thousand dol? lar salaries. The Committee on Foreign Affairs report In favor of Sickles' confirmation to Spain. A number of treasury cotton cSses, from thc Court of Claims, were taken up for argument ia the Supreme Court this afternoon. These oases were brought up under the captured and abandoned property act of 1863. and involved various questions of fact, beside the question of thc date of the close of the rebellion. The opposition to Bradley is strong. The opposition want a judge from the South. Ia the Senate, the resolutions ot the Massa? chusetts Legislature, in favor of the payment of the French spoliation claims, were pre? sented. The rcsolutiou for considering Indian trea? ties in open session was passed. In tho House, the franking privilege and contingent questions were discussed at great length, but tho proceedings were unimpor? tant. The Elections Committee will vote on Fri? day ou the admission of Segar as Congress? man at large from Virginia. The contested election cases are postponed until the House acts on the new system of trying by a jury drawn from the House by ballot. The Reconstruction Committee reported a bill for general relief by application, through courts, aod another relieving some three thou? sand persons. In the Senate Iowa's ratification of the Fifth teentn amendment was reported. COLUMBIA. I THE LABOR RILL JNTHE HOUSE. The State Finances O. K. ?Sl'ECIAL TELEGRAM TU TI1E NEW8.1 3j$ COLUMBIA, February 8. In the House, notice was given by Tomllnson of a joint resolution, to authorize -a certif?cale ol' discharge of thc State from its liability, by reason of thc guarantee of certain bonds on thc cancellation of the same; by Smith, of a bill to extend the limits of the Town of Mount Pleasant to thc two mlle post, on the Ccorgc. town road. Whipper introduced a bill to regulate thc manner of drawing jurors, which was read thc first time. Thc Labor bill was read thc second time, and ordered to be engrossed. Tile Code was road to Section 305. The joint committee appointed last session to examine the books, Ac, of the departments of thc State Treasurer and Comptroller-Gene? ral, report all correct. The receipts of tho Treasury department for the year ending October 31 were $2,111,19G 51. The expendi? tures in thc same time were $2,099,345 33. In thc contingent account of the Comptrol? ler-General's department, the committee found an actual gain to the State of $10,108. There was no quorum in the Senate to-day. A boarder named J. W. Martin, of Mobile, entered several rooms at the hotel this morn? ing while thc occupants were asleep, and secured money and gold watches from Captain Jenks and others. Martin left on the South Carolina Railroad train, but was stopped at Ringville and brought back. Ko property was found. SOUTH CAROLINA RAILROAD COAp PANT. t Thc annnal meeting of the stockholders of th? South Carolina Railroad Company, and of the Southwestern Railroad Rank, convened lu the bank hall at eleven o'clock. On motion of W J. Magrath, president of the railroad company, the Hon. W. D. Porter was re? quested to take the chair-the secreary of the company In accordance with Hie rule,' and E. H. Barnwell, Esq., by appointment, acting as secre? taries. The minutes of the annnal meeting February 9th and loth. 1869. were read and continued. John C. Cochran, Esq., president of the South? western Railroad Rank, submitted a report or thc affairs and condition or that Institution, which, on motion, was referred to a committee or three to report on. Committee: Hon. A. J. Magrath, W. A. Wardtaw, James M. Shuekclford. Thc annual report or the president and directors or thc South carolina Railroad Company WUK read by Mr. Secretary Raruwell, and, on motion, it was, with Rs accompanying documents, re? re rr cd to a committee or live to report on at their early convenience. Committee: Messrs J. R. La? fitte. R. Mure, J. P. Southern, S. Hart, Sr., J. H. Wilson. Inquiry being made as to the return of thc Hon. C. M. Furman to London, for the purpose or arranging thc foreign debt, thc president or the company, iu the ahseuce or Mr. Furman rrom thc meeting, submitted a paper giving certain in? formation, which was read and received as such. Mr. Ellis made some inquiries as to thc auditiug or the accounts of thc company by the Finance Committee of thc board, and, arter some debate upon the subject, in which several members or the board participated, Mr. Ellis submitted the . following resolution: Resolved, That t icchatr appointa committee of five rrom thc Mo&choldcrs or this company, thc same to be rot Ul ed l.y the majority or the votes or thc stockholders, the said committee to act as an auditing committee, whose duty it shall be to ex undue the accouuts ol this company as many times as they may choose during the year, but not less than twice a year. Thc resolution having been seconded and dis? cussed, Mr. Bruns moved to lay lt on the table and substitute the rollowlng: Resolved, That it shall bc the duty ot thc Fi? nance Committee or thc board or directors or thc South Carolina Railroad Company to ex? amine thc accouuts or said road at least twice a year. Tlie question being put to lay Mr. Ellis' resolu? tion on the tai)le, it was so decided, whereupon Mr. Bruns asked to bc allowed to withdraw his resolution, which was granted, and no further action was taken on the subject. Mr. Lawton offered thc following resolution: Rea-jlved, That the stockholders respectfully suggest to Ute board or directors or the South Carolina Railroad Company to periodically run special trains at the lowest possible fare, so'us to accommodate ult elu<sf-s of our people io visit the country, and to bring Hie countrymen to Charles? ton, at such periods of thu year as will bc most convenient and agreeable to" their industrial pur? suits. After some remarks on thc subject by thc presi? dent of thc company, thc question was taken on the i evolution and it was rejected. A motion was then made and carried, that when this meeting adjourn it. adjourn to meet again in this place at ll o'clock A. M , to-morrow. On further motion, the meeting adjourned. WOMBS ix THE STOCK MAIIKET.-Wall street, Kew York, noted for its sensations, had another excitement on Saturday, on thc open? ing ot a female stock brokerage linn, nuder the style ot" Woodhull, Claflin & Co. Thu ac? tive partners are Mrs. Victoria C. Woodhull and Mrs. Tonnie C. C. Claflin. Thc New York York Evening Express says : These ladies arc yet In thc prime ot lifo, and were very affable and agreeable In their man? ners. They entered into an explanation of their intended operations in Wall street, and spoke of thc same with as much confidence as an old habitue of thc street. They intend to transact a legitimate business, and will proba? bly, in time, apply to the Stock Exchauge for an "amendment" to its constitution, in order that they may become active participants in the daily operations ol' tho board. Thc office of this new firm was crowded with people, at? tracted by the novelty of thc whole affair. The names of thc "company" are not given, and that is likely to arouse suspicion that thc "female feature" is an advertising sensation. -Thc London Times expresses the opinion that if the proposal which was made at thc funeral of Victor Noir to parade lh body through the most crowded thoroughfares of Paris had been carried out, a sanguinary con? flict would have been almost Inevitable, although thc Issue could hardly bc doubtful, as, without a defection among thc troops, a popu? lar triumph has at all times been impossible In Fiance. The sympathy of the soldiers with the dissatisfied class of citizens is said to have been never, perhaps, at a lower ebb than at the present. M. Rochefort ls aware of it, and he rebuked the cries of " vengeance " and " to Paris," which arose among the crowd, by a remark that "the people were unarmed," and that " the tree should not be shaken when the fruit was ready to drop." The Times adds : "We should not be surprised if something like cons?tutional timidity were blended with the praiseworthy discretion of the deputy of thc first Paris distict." -Emigration from Denmark to America has assumed such gigantic proportions-and gives promise to still lurther extension-as to cause some alarm in the minds of thinking Danes, who ask each other to what it will11 "all amount.'' ?FUE SOVTJ? CAROLINA. RAILROAD. Report of thc President anti Directors of thc Company. OFFICE OF THE So. CA. RAILROAD CO., CIUKLESTON, S. C., January 19, 1870. : To the Stockholders of the South Carolina Rail? road Company: GENTLEMEN-Thc board of directors ask leave to submit a report of the operations of the year Just dosed, and of the condition of the company on the 31st ultimo. The usual reports and statements from the superintendent and auditor are also submitted. The results which are exhibited, the board are confident, will excite amongst the stock? holders a degree of satisfaction quite equal to their own. They could hardly have been an? ticipated in view of the competitions and dif ficultits which opposed us, and we confess occasion us pride, gratification and even sur? prise. Important transactions have marked thc progress of the year just passed. The con? tests with the Columbia aud Augusta Railroad Company culminated and were finally disposed of, with, it is hoped, the embitlered feelings und acrimonious aud expensive litigation which attended them. The obligations of thc company to the bill holders of the Southwestern Railroad Bank, after years of objection and dispute, have been finally admitted, and, except to a small extent, discharged, and the efforts ol the company's negotiator abroad for the seulement of their sterling debt successfully concluded. These measures have all exercised no Inconsiderable influence upon those Interests of the company which are tho subjects ol' this report, and have had their lull sburaJpJ increasing and aggra? vating the diluculiicB*of administering the af fair-; of an Institution so peculiarly circum? stanced as this. They will, in their proper places, be moro particularly referred to hereafter. The earnings of the year are stated to have been from all sources $1,382,1C7. and are in excess or 18G8, $87,2% ll. They also consider? ably exceed the earnings ot any year since the war-a fact full of encouragement to the own? ers of the property. New lines of communi? cation have been opened between points here? tofore connected by our roac. sharp competi? tion excited, and, as a necessary consequence, lower tates of freights and passage establish? ed. Again, lt is easy to concede that every newline of communication has in some re? spects advantages not possessed by pre-exist? ing ones-lu the direction of less distance or otherwise-which do not fail in the end to as? sert their due influence. Thus it has happen? ed, for instance, that the completion of thc Columbia and Augusta Railroad, lust summer, whilst it developed competition willi us to al? most all important points, natural]}', and al? most without effort, appropriated that portion of our business which grew out of the relations of the business communications at Columbia and Augusto, and respective adjacent territo? ries. Whilst, therefore, the income of tho year has had to contend against a reduction of rat?s, made necessary by competition, as well os a diversion of some of its business not to be retained by any effort of Hie board, a hand? some increase ls still shown over previous years. A further cause of satisfaction is found In the nature of that increase, lt is derived princi? pal!) from freights moving to the West, begin? ning in great part at the great centres North, and indicating by their rapidly Increasing vol? ume, the maintenance ol this line's hold upon the confidence ol'the general public. . The opcratiug expenses ol'the year arc $731, 425 53, and are 63 13-i0l> per cent, of earn? ings. Whilst lt might perhaps be sufficient to state here that the matiageuient shows rallier a less ratio of expense to earnings than ls usual upon roads operated under similar circumstances, and even more favorably situated, lt Is proper to add that, in the Judgment of the board, there is room, even here, for a moro favorable ex? hibit. For though it is quite true that in many lteiu3 of expenditure payments by this cotn {)ony are very much below those oi' neighbor ng roads, it ls not less true that the company is, in oilier respects, affording service and ac? commodation, not justified by compensating equivalents. How much clamor, and the un? ceasing eflbrtstH tho selfish have had todo with this, it is not of sufficient importance to inquire. The consideration of the board will be nivea at a very early day to the subject. The net earnings, from what has been shown, stand as $047.741 47, and are 40 87-100 per cent, ol'gross. In comparison willi thc year 1808, lhere ls a difference of $50,220 08 in favor of tills year. The character ol'this ac? count has been matter of reference and expla natioR~so frequently, that there hardly appears occasion to aud a word more here. Hut. before proceeding furl her, the board pause to ask Hie stockholders to contemplate the. fact, which is here exhibited, to wit, a balance aller deduct? ing managing expenses of over $000,000, or len lier cent, upon their capital, and to con? sider il in connection willi the policy of the present administration, which has constantly and earnestly been directed to the reduction of Indebtedness, as constituting the truest and surest foundation of the stockholders' prosper ny. The disposition of this balance is accounted for in Hie auditor's statement, as follows : Net earnings as stated.$047,741 47 Deduct interest, damages uud stuck killed.1. 31?.P10 13 Leaving net Income of.$331,S31 34 Add thereto reduction or previous lui ances of stocks of materials. 19,P17 so Payment under tho cuni rac t with thc City or Augusta und thc Charlotte, Columbia and Augusta Railroad Coiupauy. 7?,ooo oo Making.gua.77s 70 Which bas provided for tho following: Rcstoraiion of property, Including cost of new rail Iron after deduct? ing sales of <ild. ($S9,f.07 74). 133.S15 37 Cars built at. i bc company's shops: 2 first-class and 0 second-class pas? senger, 42 box, 2 platform uud G stock curs. r.n/ r. ot Settlement or Confederate claims, Ac., deducting sundry credits. C6.G03 00 $240.112 Ol Leaving a balance of $180,000 09, which has gone to the reduction of general indebted? ness. In the exposition above given, the item "damages," on account of its unusual amount, may require some explanation. It ls due to the'fact that it includes the losses occasioned by the disaster in the Congaree Swamp, Sep? tember I8tli, 18G9, burning of cotton in Colum? bia, December 25th; 1808, and subsidy to Liver? pool semi-monthly Uno of steamships. Apart from Interest, and payments on ac? count ol'debt, it will bc seen that lhere have been, again, heavy expenditures for additions to, and improvements of property, all render? ed necessary by the demands ol' business, or the n?cessites ol tho case. The report ol' the general superintendent contains the usual interesting matter In connec? tion with the details ol' the operative depart? ment of lire road. Tile mileage and tonnage ?tibies which accompany ir, will be found in . resting from their intimate connection with the expenses of management. Thc excess ol' tonnage is staled over last year at 25,430 tons, and greatly preponderates in the direction of the West. The condition then ls that we arc moving heavier masses of freight at lower prrices lu one direction, and returning a disproportion ed number of empty or partially loaded cars, thus rendering the economic management of transportation a very difficult am erplexing task. The wants of this department for the year just entered are as follows: Three passenger coaches. Filly box cars. Filly platform cars. Two thousand tons rails. New bridge across Hie Kdisto River. Trestle and stone culvert near Uranitcvllle. In so far as Hie absolute necessities of the road may seem to require outlay, a just regard to the Interest ol the company, and proper sense of their own responsibilities, will impel the board to oct, but only under such convic? tions and in such directions, lt seems to them eminently fit to consider now the more imme? diate interests of thc stockholders. Certainly, to the establishment of a Bound and substantial value tor their shares, but with equal certain? ty lu the Immediate interest of the public, the revenues of thc property have been disposed of. It is meet, now, that these should be re? stored to their channel at the earliest practi? cal ile moment. The extra work done'in this department, the changes in thc car and locomotive accounts, are briefly summarized from the superinten? dent's report, viz: improvements at agencies, and at sta *^ tions tffnine of road.:$ 9,973 45 Half cost of bridge nt Wateree, and Hampton Creek Culvert at True Blue. 20.76G 14 Rail Iron lnid down to thcexient of 1031 tons. 89,007 74 Cars or all classes built at thc company shops, i?6) nrty-elght. 50,093 04 Thc additions to tho stock of cars were sim? ply Indispensable, and It Is yet short; but lt ls not contemplated, at present, to construct, more than thc number necessary to keep up the present supply. Five new locomotives were purchased to re? lieve tho trains to some extent from the pres? sure of way freights. Of these, four have been recently received, and on? is in North Caroli? na. Of the four received, three are now run? ning and one ls In the shops. It was found that in exacting "way-freight" service from "through trains," a speed was re? quired entirely too high for safety and econo? my, and it is proposed to separate thc two classes of freight, and run trains especially for way freight. Thc papers and statements from the auditor convey a full, and, lt ls believed, faith fid ac? count of thc transactions in that department for the year. The board select for your pres? ent information thc condensed balance sheet. STATEMENT SOOW1XO TUE CONMTIONOF TOE SOlTn CAROLINA UAILKO/U COMl'ANY, DKCEMUEK, 31, 1SG9. BK. * To roadway, ti ark, de? puis, structures, Ac.7,733,990 49 Lands. 435.378 20 Cars. 312.973 66 Locomotives. 438,253 00 Supply of materials.. 58.921 08 Commissary stores.. 1,808 20 Cash. 25,738 64 AjiCnlK. ?7,938 39 Posiomce Depart? ment. 14,657 21 Bond9 receivable Columbia and Augus? ta IL IL CO...75,000 Suudrles.19,901 - 01,961 00 Bills receivable. 6.448 43 8,031,300 00 238,739 67 Stocks. 443,212 60 Investments lu first mortgage bonds and cer tl M cut CM or Indebtedness of Greenville and Columbia Rail? road Compauy. 67,398 03 Southwestern Railroad Bank.. 601,447 oo $10.222.127 79 CR. By Rtock. 1,819,270 60 Bonds payable Sterling.2,842,833 44 Domestic.1,704,510 oo - 4,047,351 44 Bills payable. 295,064 39 TranRlfntdrbditOM. 145,263 38 Less iransicutdebtors.... 86,420 42 69,836 9C $10,222,127 79 This paper briefly, yet explicitly, expresses the flnaucial condition of the company at thc close of thc year, and when thc heavy losses, and still heavier obligations they have had to meet, are remembered, it will excite the live? liest gratification amongst Hie stockholders. Tile movement of thc principal accounts, "bonds payable" and "bUls payable," are thus indicated : Domestic bond debt, December 31st, 188?. stands at. $1,704,510.00 Domestic bond debt, December 31st, iso?, stood at.:. 1,585,1 Increase in 1S09. $119,222 94 This increase ls thc result or: IHrst, Issues ot new bonds on account or thc Southwestern Railroad Rank.445.C00 oo To retire past due bonds and coupons, and for , Investments In Green? ville and Columbia Railroad bonds. 4.000 00 -$?0,000 oo Add interest on past due bonds to December 31st, 1869. 13.651 2.), Making together. $402,051 25 .Second, a reduction or past due a (Td nnmatured bonds.316,025 00 Reduction or interest on post due bonds. 27,403 31 $343,428 31 Producingtheresultasabovcstited. $119,222 94 Bills parable on 3lst December, i860, stand at. $295,004 39 Bills payable on 31st December, isus, stood at. SS.OGO 60 Showing an Increase or.82O;.0O3 79 This has been occasioned by tho issue of notes during thc past year for the following purposes, viz: To retire bunds and Interest.$68.739 18 For loans.1IH,500 00 Interest due Hunk of Charleston_21,838 ?9 Rail Iron. 20.270 77 General supplies, Ac. 35,825 55 Making.$2u6,t04 30 From which deduct payment, on ac? count balance 31st December, 1SC8... $5S,560 CO And the above result ls shown.$207.803 79 Thc balance or the account on Decem? ber 3ist, 1S69, ls composed or what remains unpaid or balance 31st De? cember, ISO?. 29,500 00 And thc new issues as stated above.. 266.164 39 $2!"5,l?i?4 39 From Ulis it will appear that, notwithstand? ing thc heavy issues of thc objects slated, Um bond debt of Die company bas only been in? creased in the sum of $119.222 94. Nordoes this exhibit present, In thc most favorable point of view, tim condition ofthat account. Ir. would bc perfectly legit?male, In the. opinion of the .board, to credit the amount charged to bonds with such portions of lt as represent subscriptions to railroads, steam? ships and other property, not an integral part of thu railroad proper. Wc should thus have: Subscription to Macon and Augusta Railroad. $160,000 Subscription lo steamships. 166,000 Making. $:U5 ooo And this amount taken rrom.$1.707,519 Would reduce the bond account to.$1.319.619 Equally favorable explanations can bc offer? ed of the' bills payable account. As shown, that account increased lor debt and purchases, as compared with 18C8 stands $295,664 39; but upon thc opposite side of your sheet .von will lind assets considerably in excess. Now, If these wore applied lo your bills payable, you would have little or no floating debt. It ls true it is not desirable to dispose of these as? sets; some of thom are held for special pur? poses; nil are yearly improving. That, how? ever, does not affect their relation to the debt of the com pun j*. It ls doubtless expected that something should bc said about future dividends. It was the earnest desire and confident expectation ol' the board to commence tile payment ol' dividends on the 1st January, 1870. The ne? cessity ol assuming the payment of the issues ol'the bank, and the arrangement of other debts, has prevented them from carrying this resolution into effect. Built Is their present purpose, if nothing unforeseen should occur, lo commence the payment of moderate quarterly dividends on the 1st ol' July next. Tiley prefer to begin slowly and proceed cautiously. A portion of thc past due bond debt remains out. and in April they have to provide for a portion then to become due. These, and other cash obli? gations, in a market with so small a money base, force upon them a policy narrower than their inclinations would adopt il any other were practicable. The board regard it proper to refer particu? larly to matters of importance to their inter? ests, elsewhere In their report only alluded to. NEGOTIATIONS WITU TUE COLUMBIA AND AUGUS? TA IIAILK0AO. In thc progress of litigation with that com? pany, with reasonable assurances of success, it became necessary to call upon the City of Augusta to perform her obligations under a contract made with this company, which con? tract provided, that no railroad from the City or Charleston or Columbia should be allowed to enter Augusta, except upon payment to thc South Carolina Railroad of the subscription to Hie Macon and Augusta Railroad. Tiiia sub? scription was based upon agreements of such a nature, aud these agrccinenis were mainly roiled on by the board in the arrangement of tho llticntion. But somewhat to our surprise, we were not only mel With refusals, but with counter demands, If we declined the proposals Jointly submitted by thc Charlotte, Columbia and Augusta Railroad, and the City ot Augusto, to conform to all conditions of agreements madewiih preceding administrations, condi? tions which had never been enforced. Under thc peculiar circumstances, however, thc board could not hesitate. They accepted the proposals offered them, and united in a new contract, whereby litigation was to cease, the rights of this company In future to unrestrict? ed freight arrangements recognized, and a cession until January 1st, 1870, to the Colum? bia and Augusta Railroad of the use by their trains of this company's bridge across thc Savannnh River. In part consideration of which, the Columbia and Augusto Railroad was to pay in its bonds the sum of $75,000. THE SOUTHWESTERN RAILROAD IitxK. The stockholders of thc road have, from time to time, been kept ndviscd of the demands made by the holder? of the bills of the South? western Railroad bank for payment. These demands have been persistently resisted, and every reasonable effort made to avoid a re? sponsibility oppressive in its character, and at? tended with doubts which utterly excluded a ready acknowledgment of our obligation. Nev? ertheless, it has always been the opinion of the board that o Just and Judicious compro? mise of those claims should bc sought in thc true Interests of thc company, and to that end the directors have not failed always to direct their earnest attention. Litigation, however, In this connection assumed un aspect during the summer, which, In conjunction with legis? lative enactments referring to banks In sus? pension, admonished the board of the danger of delays. They therefore hesitated no longer to accept the offers of compromise submitted to them, and proceeded at once with arrange? ments for the settlement of the outstanding circulation of the bank. In that direction they have proceeded, until now but a small sum remains unarranged. The settlements were made chiefly In the six and seven per cent, bonds ot the company. The bank, os shown in the auditor's statements, is indebted to thc rood In thc sum of $501,447. THE KO UK ION DEBT. Little is left to thc board to say, beyond the announcement of thc fact of the return of the Hon. C. M. Furmnn from London, where he has been In charge of the negotiation for the past eighteen months of the company's first direct mortgage bonds for the exchange of past duo* per cent, sterlings. That measure moy be regarded os accomplished. Mr. Fur mon reports thc acceptance of thc necessary number of assents, qualified only by the very proper condition thal the necessary legislation be had to relieve the company from the State lien originally Imposed to protect the old guar? antees. This legislation has been applied for as comprehended In thc oct hereto appended, has the sanction of the Governor, and is ex? pected to be In thc possession of the board at an carly day, when lt will bc transmitted, and thc exchange of bonds be consummated. LOCATION UPON THE WATER. The board have at lengl h been enabled to move in a direction long since Indicated by the wonts ot the company and tho interests and demands of the public, and nil lines of trans? portation ia connection to o " location upon the water." A favorable site has been pur? chased upon fair terras, and with such advan? tages as will afford scope for thc most compre? hensive plans of arrangement-plans which will look uot only to thu Indirect profit of thc company through additional facilities lurnlshed to thc public, but to o solid and HiibsUuitiul ad? dition to its wealth. It ls proposed to proceed without unnecessary delay with preparations for t he work. We have succeeded, also, during thc year in adding largely to our tacilltles of communina tion on the seo, ? Two new and very superior Iron steamships have been placed on the line to New York. Their capacity, each, Is nearly double that of any of the vessels previously In service om that route, and thc Increased strength which is thus acquired is regarded as of grejij im? portance to the interests of the company. Tlujsc vessels aro owned In common with the <^B)gin Railroad, and Individuals in this eily ana elsewhere. . The boord beg to conclude their report, by recommending CB* thesiockhoUlors the adop? tion of the resolution which they submit here? with, providing for the consolidation of the half shares of thc stock luto whole. Thc measure has had their earnest consideration, mid they regard lt of decided interest to the company. Resolved, That the board of directors be authorized, at the earliest day practicable, lo consolid?te the holt' shores of l ho stock by issuing one whole share for every two half shares, as now represented on thc Stock Book. Before closing their report the boan! have devolved upon them thc painful duty of an? nouncing that since thc stockholders last met together another ol' that , old and honored build, whose association with this company dates from its birth, and whose character and counsels have contributed so largely to its rep? utation and prosperity, has been removed from us by death. Thc board's loved and honored associate, the stockholders' faithful servant, the Hon. James Rose, died on October 10, 1800. Thc board have sought. In the preamble and resolutions which arc appended, to give a feeble expression of their feelings. Respectfully, W. J. MAGRATH, President. Tribute or Respect. At the quarterly meeting ot thc board of directors ol the South Carolina Railroad Com? pany, held on thc evening ol' the '?Otb October, 18U!?, the following preamble and resolutions were unanimously adopted: The board ol' directors of thc South Caro? lina Railroad Company, profoundly sensible of the loss which the company has sustained hy thc death ol' Mr. James li?se, and thc void I hat has been mad? among themselves, now place upon record tho expression of unfeigned sor ow which this sad event luis caused them. Educated for a life of ease rather than nclivi ly, anil with a fortune Unit removed all bar? riers to Hs Indulgence, Mr. Rose's tastes and inclinations led him to the more active and useful pursuits ot life. In its course he dis? charged, with ability and zeal, the duties of State senator, of acting president ol the Bank ol'the Stale on the death of Judge Colcock, and, until within a few weeks of his death, of president of thc Southwestern Railroad Bank. For many years a director ol' this company, he exhibited at all times a zealous interest in its affairs, and participated largely In its man? agement. Reserved In his manners, but cour? teous, generous, liberal lu sentiment, atTu im? bued with a high sense of right, he won popu? larity without seeking it, and commanded and retained the confidence of ali who knew him. Therefore, ? Resolved, That in thc death ot Mr. Rose, this company has lost on able and faithful counsel? lor, and this board a valued und esteemed as? sociate. Resolved, That a copy ol these proceedings bc published lu the journals ol the city, and a copy sent to his family, with thc sympathies of the directors In their bereavement. Extract from thc Minutes. J. R. EMERY, Secretary. ?SS-FAMILY GROCERIES SUPPLIED at Wholesale prices, when purchased by the case, half barrel or barrel. Hermetically Scaled Conds by the dozen. All goods warranted, and FULL WEIGHT GUARANTEED. We Invite the atten? tion of the public to thc QUALITY and PRICES of our Goods, and particularly to the WEIGHTS. WM. S. CORWIN A CO., Wholesale and Retail Grocers, jan24_No. 273 King street. ^APPLICATION WILL BE MADE for the rencwul of two CERTIFICATES of the Old Stock, lu thc Bank of Charleston, South Caro? lina, viz: No. ?743, 22 shares, standing lu thc name o? R. J.'BARRETT, Administratrix, and No. 2S, 7 shares, standing In the name of RACHEL BARRETT, Administratrix; both Certificates being lost. G. POZNANSKI, dcc9 lamoS* Executor. pSr* THE BANK OF HAMBURG.-BE IING appointed as the Receiver of the Hamburg Bank, by his Honor Judge PLATT, Judge of the Second Circuit Court, notice Is hereby given, to ad whom lt may concern, thal I shnll attend, for the discharge of my doty, on and after thc29Tu OF JANUARY, 1S70, at my otllce In Hamburg, to receive all claims, assets, or information con? nected with iald Bank. FRANK ARNIM, ja::2j 24 Receiver. Special Notices. ?&- GERMAN SOCIETY OF SOUTH CAROLINA.-Tue Certlflcatcs of Membership hav? ing been executed, an Agent, Captain H. HARMS, will call on thc subscribers and collect the annnal contributions for 1870. The office of the Agent will be for the present at the office of the Guar? dian Mutual Life Insurance, corner Broad and Church streets, where Immigrants, in want of assistance or employment, may apply, and those of oar citizens, in want of German servants or employees, may register during office hours from 12 o'clock to 2 o'clock P. M. every day. By order or the Board of Blrectors. feb9 wsth3 J O LLji CAMPSEN, President. ps- NOTICE TO THE MEMBERS OF THE BAR.-The Issue Docket will be called on* MONDAY next, at io o'clock A. M. A rall attend? ance or the members of the Bar ls requested. By order of the Court. fohO_A. C. RICHMOND, C. C. P. p&- CHARLESTON, FEBRUARY 8, 1870.-I appoint J. F. O'MARA as my Agent dur? ing my absence from thc city. feb9 1?_JOHN DIEGHBN. p&- MARKED DOWN.-WE OFFER the balance or our Winter Stock or CLOTHING, all marked down, at very low prices. We Invite special attention to snits which wc are selling at $14 and $18, made from All-wool Merino Cassl mcrcs. A lot ol Oversacks at $8, $10 and $12, marked down rrom $12, $15 and $18. MAGULLAR, WILLIAMS k PARKER, No. 297 King street, two doors north or Went worth. Charleston, S. C._fcl?9 0 ^CONSIGNEES PER STEAMSHIP MANHATTAN, rrom New York, are notified that she Is discharging Cargo at Adger's South Wharf. Goods uncalled for at sunset will remain on the wharf at owners' risk. JAS. ADGER k CO., feb9*l Agents. CONSIGNEES' NOTICE -MER? CHANTS' LINE_Schooner ROBT. CALDWELL will discharge cargo at Adger's North Wharf. Goods not called for will be stored at sunset at risk and expense of consignee. No claims allowed arter goods are removed. rebO 1 WILLIAM ROACH k CO. p?- CONSIGNEES PER STEAMER FALCON, from Baltimore, are hereby notified that she ls Tins DAY discharging Cargo at Pier No. 1, Union Wharves. All goods not taken away at sunset will remain on wharr at Consignees' risk. rcb8 2 MORDECAI k CO., Agents. pST TO PRINTERS.-IF YOU WANT NEWS, BOOK, CAP, DEMI and MEDIUM PAPERS, Bill Heads, Statements, Cnrds, Card Board, Print? ing Material. Binding, Ruling and Cutting, go to EDWARD PERRY, No. 165 Meeting street, oppo? site Charleston Hotel, Charleston, S. C. decl4 Cmos_______ pS?- "CHARLESTON LOAN COMPA? NY."-In accordance with an Act or thc Legisla? ture or South Carolina, the books for subscription to the capital stock of. thc "CHARLESTON LOAN COMPANY" will bc opened on WEDNESDAY next, February 9, rrom 10 o'clock A. M. until 3 o'clock P. M. each day, at No. 8 Broad street, office or Insurance and Trust Company, and will continue open lor ten days rrom that date. Section 2d or the Act- of Incorporation provides: "That the Capital Stock of the said Company shall be One Hundred Thousand Dollars, with the privilege or increasing the same to Five Hundred Thousand Dollars, to bc divided Into shares ol It'tic Hundred Dollars each. ? BENJAMIN MORDECAI, WILLIAM GURNEY, .Z. R. OAKES, J. B. CAMPBELL, E. W. MARSHALL, A: L. TOBIAS, Commissioners to Receive Subscriptions. teh7 3_ pa- NOTICE.-OFFICE COUNTY COM? MISSIONERS, PIREPROOF BUILDING, CHARLES? TON, S. C.. December 20, 1889.-All persons Re? tailing LIQUORS In tho County are hereby called upon to take ont Licenses for one year, from 1st January, 1870. Every violation of the law relative to these Li? censes will be prosecuted and the penalty strictly enforced. F. LANCE, dcc23_Clerk Hoard C. C. j_t? IF YOU WANT LAW* ROOKS, LAW ULAN KS and Legal Frintlng, go to EDWARD PERRY, No. 155 Meeting street, opposite Charles? ton Hotel. Charleston. S. C._decl4 6mos ~ pSr JOHN STANTON VS.N. A. ROOK, ADMINISTRATOR OF BERNARD ROD1HN, DE? CEASED, ET AL.-IN EQUITY".-Pursuant to thc order of Court lu this cause, the creditors or BER? NARD ROBDIN, deceased, are required to prove their claipis before me on or before tue tlrst MON? DAY or March next. WILLIAM J. GAYER, Jan2l rmw9 Special Reforc?. ?ST- CHARLESTON, JANUAl?Y 20, 1870. Three weeks arter date hercor I will make appli? cation to thc Planters' and Mechanics' Hank or South Carolina for a renewal or SCRIP, No.-, for Seventeen Shares, standing on books or said Bank in name or WILLIAM LUCAS, jat)20 w3_J. DRAYTON FORD. ~~~p8r NOTICE. - PERSONS HAVING claims against the Estate or thc late Miss ELIZA TOL'SSIGER, deceased, will render attested state? ments, and those indebted w.ll make payment to REBECCA ARMSTRONG, fel>2 w3_Qualified Executrix. pst- MEDICAL NOTICE.-PATIENTS sulforing rrom Diseases pertaining to the Genlto Urinary Organs, will receive the latest scientific treatment, by placing themselves under the care or DR. T. REENTSJERNA, Ofilco No. 74 Hasel street, three doors east, rrom the Postolllcc. nugi** ws pOT- IF YOU WANT STRAW. MANIL? LA and all kinds or WRAPPING PAPERS, go to EDWARD PERRY, No. 155 Meeting street, oppo site Charleston Hotel, Charleston, S. C. tl cc 14 limos pa- IRRITABLE INVALIDS. - INDI? GESTION not only effects the physical health, but the dispositions and tempers ot its victims. Thc dyspeptic becomes, too, in a measure demoralized by his sufferings. He is subject to Uta of irrita? tion, sullenness, or despair, as the case may be. A preternatural sensitiveness which he cannot con? trol, leads him to misconstrue the words and acts or those around him, and his intercouse even with those nearest and dearest to him ls not unfre quently marked by exhibitions of testiness for? eign to his real nature. These arc the mental phenomena or the disease, for which the Invalid cannot bc justly hehl responsible, but they occa? sion mach household discomfort. It is to the in? terest or the home circle, it is essential to family harmony ns well as to the rescue of the principal sufferer rrom a state not for removed rrom Incip? ient insanity, that these pymptoras of mental dis? turbance bc promptly removed. Tills can only be done by removing their physical cause, a de? rangement of the functions or the stomach and Its allied viscera, thc liver and the bowels. Upon these three Important organs HOSTETTER'S STOMACH BITTERS act simultaneously, produc? ing a thorough and salutary change in their con? dition. The vegetable Ingredients of which the preparation ls composed are of a renovating, reg? ulating and alterative character, and thc stimu? lant which lends act ivity to their remedial virtues is the purest and best that can be extracted from* the most wholesome or all cereals, viz : sound rye. No dyspeptic can take thls^cnial restora? tive for a single week without experiencing a no? table improvement in his general health. Not only will his bodily sufferings abate from day to day, but his mind will recover rapidly from its restlessness and irritability, and this happy change will manifest itself in his demeanor to ail around him. fobs y ?ct - Tribute of Respect. TO TEE MEMORY OF VERY HEY. lt. S. BAKER. At a meeting of thc Vestry ol the Cathedral, held on Sunday, February 6th, 1870, a committee was appointed to draw up resolutions expressiv? of the bereavement felt at the death of the illus? trious Pastor of St. Mary's Church. The hand of Death has fallen upon and remov? ed from our midst the Very Rev. R. S. BAKES, o* Sunday^ January 30ih, 1870. Our sorrow and tears were mingled with those of that vast throng that crowded around the mor? tal remains of him we loved. When gazing upon that noble form, cold in death, and calling np event after event'from tho depths of the past, lt was then we realized that the strongest link that bound us to that eventful past was severed, and with lt thc treasured affections of our hearts. When we remembered the many years of labor and toll, which he endured In our midst, as tb? pastor of St. Finhar'a Cathedral, under the Illus? trious and ever-to-be-lamented first Bishop of Charleston-bei na vigila n ?, laboring in all Ulinga, doing the work of an evangelist, fulfilling his ?ministry-in all things showing himself an ex? ample of good works, in doctrine, in integrity^, in gravity-preaching the word-exhorting and re? buking trifft all authority-tho treasured remi? niscences of the pa*t filled our hearts with th? deepest emotions. As our. pastor and the friend of onr youth he has ever been enthroned in our affections, and we esteemed him not so moen for his great learning and eloquence, as for thc parity and Integrity or his life. So retiring and modest was his manner, as to remove him from the high? way of lire; yet he was always approachable t* sympathize with distress-to connsel the doubt? ing, and correct the erring-to encourage and encer onward the ral cering on the journey of Ufa. He was that "silken string, running through the pearl chain of all virtues." Resolved, That In the death or Very Rev. B. a. BAKER, the diocese or Charleston hat lost an Il? lustrious priest, the Church or Cod .an able de lender and eloquent expounder of its doctrines and practices. Resolved, That our deepest sympathies are ten? dered to the wo. thy congregation or St. Mary's Church in their bereavement at the loss of their beloved and esteemed pastor. Resolved, That at the approaching solemn Re? quiem Mass to be offered up on Wednesday, Feb? ruary 9, 1870, at the Cathedral Chapel, for thc re? pose of his soul, thc church be aaltably draped lu mourning for that solemn occasion. Resolved. That a blank page be Inscribed to bis memory on the record Dook or said Vestry. Extract from the minutes. THOMAS O'RRIBN, Sefretary Vestry St. John's and St. Finbar'*. The solemn Requiem Mass will be celebrated hi the chapel, Queen street, this morning, at . o'clock. married. BUTLER-HASELTON.-On the 2d or February by the Rev. A. Toomcr Porter, J. FRANCIS BUT LBlt to ALICE C., daughter of D. B. HASELTON, all or this city. . (S) billian]. INQLESBY.-Died on the 6th February. 1870. of congestion or thc lungs, ELIZABETH WALK BR, only daughter or Charles und Caroline H. Io glcsby, aged 3 years, 10 nunn Iis and 27 days. irnitcral Notices. THE RELATIVES, FRIENDS AND acquaintances or Mr. and Mrs. A. F. Meyer, are Invited to attend the funeral of their INFANT S )N, from the corner of Bull and Gadsden streets, at 3 o'clock THIS AFTERNOON. feuO * 4 Business <?ar?s. ADAMS, DAMON Jfc CO., Iff BROAD ST_ Dealers In Stoves, Ranges, Grates, Ac. AjenU ror thc Automatic Washing Machine and Wringer. AIMAR, G. W.-C??OICE DRUGS, CHE MICAi.S, Surgical Instruments, Perrumerles and Toilet Articles. 469 King, cor. Vunderhorat st. ARCHER'S BAZAAR, 363. KING ST Wholesale and Ret ail Not lens and Fane/ Goods, 60 per cent, less than elsewhere._ ALLAN, JAMES, WATCHES, CLOCKS, Jewelry. Sterling Silver, Plated ware, Spec tacles, Fancy Goods, Ac. No. 307 King street. BAZAAR, F. VON SANTEN, IMPORT? ER or Paris Fancy Goods, Toys, French Con rectlonery.Iudia Rubber Goods Ac, No. ?29 Klug st. CHAPEN, L. tc CO., MANUFACTURERS and Dealers In Carriages, Harness, Ac,, 20 ilayue. A 33 A 36 Plnckncy st. ; also. 193 Meeting st. CiORWLN <fc CO., WM. a, IMPORTERS / and Dealers In Colee Whines, Brandies, Teas and Groceries, Wholesale and Retail' 275 King st, H AFEE & CO., WM. H., WHOLE? SALE Dealers in Groceries, Wines, Liquors, Ac; Agents lor Ex tun's Crackers, 207 Ea*t Bay. CUAFEB'S TONIC, THE BEST AND . most pleasant Stomach Regulator extant. Charcc A Co., No. 207 East Bay. Manufacturera DUVAL & SON, J. B., MANUFACTUR ERS or Tinware. Dealers in Stoves. House Furnishing Goods, Ac. 337 King st._ EASON IRON WORKS, ESTABLISHED 1838, Nassau and columbus streets: Steam Engines, Marine. Portable and Stationery. Boilers. FOLLIN, G., TOBACCO COMMISSION" Merchant, Manufacturera' Agent for the .sale of Standard Brands, No. 151 East Bay. FURNITURE WAREROOMS, ESTAB? LISHED 1838. D. H. SilCOX, Nos. 175,177 and 179 King st. Goods carefully packed and shipped. GURNEY, WM., FACTOR AND COMMIS? SION Merchant, 102 East Bay, and 1 Accom? modation WtiarL GOUTEVENIER BROS., (SUCCESSORS to A. Hiing.) deniers in Millinery, F_ncy Goods. Toys, China, Glassware, Ac, 237 King sc HENEREY, WM. S., 314 MEETING S'i.7 Machinist and Founder, Manufacturer of Engines, and improved Agricultural Implements. EINSMAN & HOWELL, GENERAL Commission Merchants, ant Agents for Mupes' Superphosphate of Lime, No. US Ease Bay. LA CRIOLLA.-JOSE JARA1, IMPOR TEKand Manufacturer or Havana Cigars, Wholesale and Retail, cor. Meeting and Market sta. LITTLE & CO., GEO., 213 KING ST., sell the eheapest and best Clothing and Fur? nishing Goods In Charleston. MARBLE WORKS.-THE OLD ESTAB? LISHMENT, E. R. WHITE, Proprietor, ll? Meeting st., next old Theatre lot. MATTHIESSEN, WM., STAR SHIRT Emporium and Fine Clothing and Tapering House, Gents' Furnishing Goods, 291 King st. NEU F VILLE, B. K., BLANK BOOK Manaracturer, Job Printer and Stationer, . Broad st. Magazines, Ac, bound in all styles. ? NOAn'S ARK.-WM MCLEAN, JOBBER and Dealer In Toys, Fancy Goods, Show Ca ses. Stamping A Pinking a specialty; 433 King at. PIANOFORTE AND MU?IC STORE, ' 191 King st., ZOG BAUM, YOUNG. A CO, Agents ror Knabe A Co. and Dunham A Son/. PHOENIX IRON WORKS,ESTABLISHED 1844. John F. Taylor A Co.. Engineers and Boiler-makers, 4, 6, 8, 10 and 12 Pritchard st. PERRY, EDWARD, 155 MEETING ST_ Prlnter, Stationer, and dealer in Blank, School and Law Books. STOLL, WEBB & CO., WHOLESALE and Retail Dealers In Dry Goods, No. 289 King street, three doors below Wentworth._ SCOTTS' STAR SHIRT EMPORIUM and Gents' Furnishing Room. Meeting st. op poslte Market Hall. Agent ror the Champion Brace. SPEAR. JAMESE., 235 KING ST., OPPO site Hasel, Importer and Dealer lu Fine Watch? es. Jewelry, Silver, Plated ware. Fancy Goods. Ac, THE GREAT SOUTHERN TEA HOUSE WM. S. CORWIN A CO., 275 King st., branch House of 900 Broadway. New York._ WEBB WM. L., IMPORTER OF CHI NA, Glass and Earthenware, 128 Meeting street._ WMILDEN & CO., WATCHES, JEWE1. ry and Silverware, 255 King st. crocker/ and ciassware at Wholesale, No. 187 Meeting SL