Historical Newspapers of South Carolina

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y -----~~ "~ " -~ *~" " CHARLESTON, CHRISTMAS EVE, DECEMBER 24, 1S70. ~~ THE STATE FINANCES. ADDRESS OE GENERAL CONNER A' CAMDEN. A Dispassionate anti Lui iii Review of ] the Financial History ol the Scott Administration THE' ARITHMETIC MAN OF THE RING COMPLETELY DEMOLISH KD. [FROM OPR OWN COKRKSrONnEST.l CAMDEN. S. C., October r>. Vccording ti? appointment, a muss meeting of the Union Reform party was held at this place.to-day. The notice of the meeting was short, and the weather on Saturday and yes? terday was wet and uncomfortable. This morning, however. Hie skies cleared-a hap . py omen-and by 12 o'clock the Courthouse y was filled byan attentive audience, represent? ing both races and the capital and labor of the county. The meeting was called to order, and Col. Z. Leltner elected chairman. The chairman then introduced GeneralJames Conner, who deliv? ered the following address, in review of the financial history of the Scott administration. The address was listened to with deep atten? tion, and produced a marked effect. General Conner said : SPEECH OK (1KNR1UT. CONNER. Ia the Slat- prospering? If States or indi? viduals apenl moro thau they make, it they live on their capital iustoad of their income, they aro ou thc high road to ruin. Tho Re? publican loaders aro fully aware that the salva? tion of their party dependa upon tho financial exhibit which they can make, and Mr. Cham btit'&n, thnir attoruty-gonerul and ablest UIMU, has undertaken to ?how that their administra? tion has boen prudent and economical. The importance of tho subject and Mr. Chamber? lain's party zeal und personal ability oro gnai antees that nothing baa been omitted Iront his speech. It bas been published HS H campaign document, and we may safely accept it as tho strongest presentation of the cose that can bc made. Prior to tho war our taxation was light, wat hardly felt. It has increased more than three? fold sincu Governor Scott assumed co.ttrol of the State. Ou page 46 ot the comptroller's report for 1859, will bo fouud a statement .of the taxes poid tor the previous teu years hy each district or parish, and the average amount i | of annual taxes is $431,899. During tho vc iii" 1809, Lb6 uni o tint of t.i\uti paid hy tho State was $4,122,600 C8. Of HUH amount $2,622.091) CS was the dinted states tax (Governor Scott's message p. 4.) $1 ??O.O?i) was V tax assessed l'or S ta to purposes, exclusive of poll tax, and $500,000 wau tho tax tor coun? ty purposes. (Auditor Tomlinsons Report, P. 231.) The entire State debt, whon Goveruor Scott assumed control, was, according to Mr. Cham? berlain, $4,934,840 17. Thus, in the Urat year of Goveruor Scott's administration, a sum nearly equal lo the entire debt was levied on the State. Over the United States tax Governor Scott coidd, of course, exercise no control. No ono i j bolds him responsible for that, hut it was his | ] duty, and that of his party, to use tho nlniost economy, and make thu appropriations for State purposes as small as possiblo, in order to I ] lighten the woight of tho burdon imposed upon j t tho Stat?. Governor Orr, io his niCHsago prepared for | \ the called session of thc Legislature in 1868, j ( Bays : "If tho taxes of tho pr?sent year proved oppressive to ali branches of uiduoirv ni the State and yielded but $375.000, thu expend?- j ture? of tho next year should, if possible, be ] curtailed by tho reduction of Balarlos and j otherwise, BO an not to exceed thal sum, ex- t elusivo of interest ou th<? public debt," (page ( 0.) Clo vernor Orr is roi: arded by tho ttequb liean party as tho ablest statesman nf thc State, a* wiso, KO in id aud practical. Ile is au authority for ii hom they profess unbounded respect. Ho spoke from a long experience of the Stato and its resources, und Im earnest advice was to practice oconoiny. How was tho ad vi eo heeded ? i i la 1S08 the appropriat ions for Slate I < expenses were..,,. $1,3?0,300 Do The county tax was (Ur. chamber? lain's estimate). suu.ooo oo Total m l&QS. *i,buo.soo oo lu 1869 the appropria? tions for state ex penaea were. il,UTI,ino oo jThe county lax was.. 500,ooo ou Total la 1800. 1,571,109 co Total ia 18(8-'6P... $3,431,409 eu On the other hand The appropriations for State expenses in isis was. 495,170 00 Add police assessment 189.707 78 084,877 78 Th?approprla tiona for State expen? ses lu 1859 waa..... 044,730 Add police as? sessment... 222,000 Total m 1859 . 800,730 00 Total in 18C8-'59 $1,651,607 TS Excess .'n 1868-'C9 over 185S->59. $1,879,801 28 A comparative view of tho appropriations for tho years 1858 and lacs, and tor 1859 aud 1869. will sbow more clearly the sources of expen? diture: 185S. 1SG8. Executive. 6,250 U0 40,700 Legislative, Reg? ular SeaslOU... 51,050 00 140,000 Legislative, Ex? tra session- 130,000- 270,000 Judicial. 40,300 00 * 3,000 Treasury. 7,350 Ot) ?ducatlonaI. 145,100 oo 70,800 Civil. 07,800 00 218,500 -ci vii, transient sick anti poor. I5,ooo Civil, dieting and transporting prisoners. 20,000 - 253,500 Military. 13,300 00 20,1100 Local. 13,220 00 Public Buildings. Ct?,5uu 00 'Extraordinary expenses. 54,400 uu Salaries, Regular Session. 121,300 Salaries, Extra Session. 12,O00- 133,800 Police. 10,000 Interest. 500,000 Contingent ex pensesi Extra Session. 42.000 Code.. 10,MO 495,170 00 1,3M),3UU d d police as o es s ment to M?6.189,707 78 Add c"' unty tax to isa?. 500,000 $884,877 78 $1,800,300 Excess of 1SC8 over 1858.$1,175,122 22 .Nora.-The pay ol judges, solicitors aud oill eera connected with the judiciary is under Ute head of salaries. 18".r>. IKI?9. Executive.$ 14,550 $ 35,800 legislative. 49,750 161,990 Judicial. I3,siw 01,000 Treasury ami ordinary civil.. 123,870 'JH,.IOU Jurors and constables. 50,000 Educational. 149,050 118,800 Public buildings. 54,07'J 1.70,000 Extraordinary. f<o,ti:;i ??.,7?y Military.v. *luu,out ss.?oo 614,730 721,lett Interest. 35?,ouu 1,071,109 Add to 1S59 poliee assessment 222,000 Add to 1809 county tax. 500,000 SSCO.730 $1,571,109 Excess Of 1809 over 1859. ?704.439 .NOTE.-The large amount, lor military was ex cepilonal. The State was then expelling war. We ate now in profound peace. Lot us now come from tho appropriations to tho expenditures, and test tho accuracy of Hr. Chamoerlain's statements. Under tho caption of "Taxation in 1859 and in 1868, an increaso of $136.000 only." Mr. Chainbcilain pats tho State and police tax for 1359 at $857,000, and the Stato* and corm tv tax for 1868 at $1.500,000. It ie manifest that he docs not intend to contrast taxations, for tho difference between $857.000 and $1,500 OOO ia not .$136,000, but $643 0U i, and bis oom figures would contradict bim. It is expenditures which he compares. And boro is Mr. Cham? berlain's first error, for the $635,000, which ho gives as tho general tax, was not collected, and of course could not" have been expended. If Mi*. Chamberlain bad referred to the report from which bo extracted the $635,000, ho would have seen that tho actual tax received was $600,444 29. The difference may bi? regarded as too small to merit attention, but wc ore so poor that oven that tritio is important. Of tho $1.500,000, Mr. Chamberlain says that $500,000 "was appropriated" to pay accrued interest on the public debt. Ho then says that $250,000 of this amount is chargeable" to tho oki adm im a Lia! iou, and tho other $250,000 of I interest bo deducts "from the aggregate of \ taxes levied," just as if it had beou paid from those taxos. His assertion really is, that the $250,000 wns paid f?"0*11 tno taxes. Now, 1 assort that not ono dollar was paid from the taxos for interest, during tho fiscal year 18C8. I lia VC carefully examined tho receipts and pay? ments at tho trcasurv for that year, and thero is not ono singlo entry for interest, aud Mr. Chainb. riama deduction of $256,000 is Utterly n? warranted. Tho truth is that $500,000 waa appropriated lo pay interest ou tho public debt, iu tue gon eral appropriation, but by auotber act, August 26, 1868. bonds to tho amount ot one million of dollars were authorized to bo issued for pay? ment of intercut, and authority was given to soil tho bonds, and Mr. Chamberlain in his Breech says, "of these bonds about $650,000 have been used thus far." The interest was not paid from ibo laxes, but from Ibo bonds, and Mr. Chamberlain's statement is uot only contradicted by the official records, but ia in con si stont with another slaloment in il.e sam? speech. 'Mr. Chamberlain next reviews ibo expendi? tures tor tl ic years 1SU0 and 1869, and from those of tho latter year makes several deduc? tions, among (hem interest on tho public debt, "because in 1859 and I860, (hat interest was paid wholly by tbo Bauk of thc State;" and Mr. Chamberlain challenges the denial of this statement. Tho challcngo is easily met. By rcferonco to tho couiptiollor-gencral's re? port for October 1, 1859, pages 28 und 29, it will ho sc eu that there was paid in that year for intcrcs: on State debt, viz : Six per cont slock new capital $30.429 90, and six uer cont stock now capital $29.670; total $69 099 90; and if; Mr: Chamberlain, wheu exaiuimug the comptroller-general's report for tho samo year, to ascertain ibo general tax, had only looked -tpago4ot thc report no would havo seen tho lollowiug : "During tho last fiscal year il be? came necessary lo raise by taxation $63,000 to meet ibo payment of interest on tho bonds and utocks of the new capitol, and during the art-sent year lo raiso $87 000 for tho sanio pur? pose." Or il Ur. Chamberlain, while looking ?>wr Ibu expenditure* for the year .ending October, I860, had boen at all inquisitive, ho would have found this item : "Liierest on bonds and slocks for new capitol $92.592 60." Dr, if he had oven looked at thc estimates for tho year couituchctug October 1S60, ho would 11av J seen "for Interest on $1 S?ll.uvo of State capitol bonds and Mocks $111,000; interest on Dino Ridge bonds $180.000; total ?1.9 000. And yet it is gravely said that "the interest was paid wholly L?y tho Bank ol' tho S ato." Will Hr. Chamberlain admit that his statement is erroneous, ami that a speech intended to eu iglitcn, docs actually mislaid? Again, Mr. Chamberlain says that tho onr ?ent expenses of tho Stato for 1869 wera $l, 108.372 20. From this bo deducts-For extraordinary expenses, $147.000; for interest, 338.6938(1 Dotal, $485,693 86, and obtained $617,678 34 as ho currant expenses of the Slate. I havo already shown that Mr. Charuber ain's assertion ro'ativc to tho iutorost is con radicled by tho proofs; but ho commits a moro j lonoiis error when wo contrast thc $549.251 09 if I860 with the $617.678 84 of 1869. Well may io exclaim, "I am willing on nil occasions tc it those figures stand fair and undiminished I' lint I propose to show that, consistently with he truth, they cannot stand. Brought to tho :cst tlioy will be diminished. They aro pat forward os total expenditures, md the contrast made, and a financial tri em pi dairued. Ihn how iu it that Mr. Cbaniborl th x>uld remember tu add Hie police assessments At the war 1859, and the county tax lo Uni feat 1868. and forget lo add them for tho years I860 and 1869. Let us add Um figures and see tho result. Durrani expenses 18C9. $617.678 91 add county taxes. 500.000 Currant expenses 18i;0. $549.251 C9 Add polico assess? ment. 193.916 97 1.117,678*1 $748,168 00 Difference not $68.427 25, as Mr. Chamberlain claims, but $369.510 28 Thus far l ba ve assumed tho como! ness ot Mr. Chamberlain's figures, and havo mot thc lase as ho staled it, because I desired tn show .hat oven ou their own statement thou* cxpen 1 i tures far excoedod those ol'any formor admin? istration. I now proposo to examino Mr. Sliamberlaiu's figures, lie stales 1 be current expenditures for 1800 at $549,251 09. au I thc iurreut expenditures for 1869 at $617,678 34. But ?io'carefully deducts from tuc expenditures ot Llovernor Scott's administrai ion tho expen litures for the new Stato House, tho census, Lhe penitentiary and tho quarautino buildings ($147,000) as extraordinary expCSsPS. Was ho uot b mud in fairness to deduct tot) extraordi? nary expenses of tho Democratic administra? tion ? l?o has not dono so. I propose to sup? ply tho omission aud lot us seo how the ac? count thon stands. I quote from thc official documents The total oxpendituro for the yoar ending October t, 1860, was. $967.968 57 . Deduct in torest. 92 592 60 Now Stato ?ouse.418,717 48 Public buddings and insti? tuais. 51,615 85 Jcnsus. 12 6S2 66 -575.60S 59 | Total current Oxponsos for 1800 . $392.359 93 The total expenditures of tho Slate for tho rear oiidmg October 1, 1859, wara $908,693 (12. Deduct, as Mr. Chamberlain has deducted for bia party Interest.$69.009 New Stato Honan. 355,000 Deepening Sullivan's Island channel. 41,960 iMblibhing Holmes'Fossils of South Carolina. 2,000 [leological SHrvcy of S'ate... 2 985 Bronze statue of Washington 8,000 Build) ugd at Military School 6,666 -$485,710 Total current exponaos, 1859. $422,978 Diffurouoo bctwomi tho real currant expenses md Mr. Chamberlain's statement of thom ?l?;,64d 02. We have examined theso two years, as they are tho ones selected by Mr. Chamberlain. Let us ttdveit for a moment to the year ending October, 1836 -the administration preceding Governor Scott's. The total expenditures was, $266 248 04. (Comptroller's Report, 1806, pages 27, 28.) The |K?Dco assessniont was $149,715 83. The esti? mates for tho year 1867 WOW, $302 710. (Deport 18G6. p. 50.) How do theso comparo with tho mammoth M >P topi ?a lions aud expend? HUMS of 1868 and 1869. Lot ns now examina tho otlmr eido of Mr. Ch?mborldin's statement. Ho puts down the total expenditure of the Stato. oxcludtnv tho Bounty expenditure, at $1,103,372 20. These figures ID obtains from the complrollcr genoral's report. By rcha enc . to that doon mont, pago 77, il will be seen that tho total ex? penditure of thu Stato, excluding tho county, was $2.099,345 44. liven tho comptroller, ac? customed from his youth upwards to the largest financial transactions, was appalled by tho magnitude of this sum. The thing did not look well. Governor Scott, il is true, had complimented tho State on tho promptness aud willingness with which thc taxes had buen paid, but rliere waa a limit to cvoiy virtuo, and Homo grumbling taxpayers might wince, uuder this weighty load, lt would never do to let it go thus to tho world. To borrow a word trout Air. Chamberlain, il milst bu "diminish? ed," and as "dead men tell no tales," a portion of it should be charged to tho defunct adminis? tration. Accordingly wo have the total ex? penditures, $2,099,835 44, and immediately nuder it the following entry : (Comptroller Gcncral's Reports, p. 77.) Less tho billowing sums cxpouded in pay ruentof claims, ?c., incurred previous to thc inauguration of tho present bute Govern? ment, Ac. Free schools.$ 30.o-.si si Jurors and constables. i,0(?7 ' > Contingent accounts.. ?0.021 ll Sherill's fees for diet? ing. :?r,,fil7 M Paid IC K. Scott for use as. collaterals in etfoctlng a l o a n, since returned. 27.1R5 00 ll 111 R Receivable re- ... . - deemed. 222,000 oo Over deposit on ac? count of taxes re? funded..w. 3,2;.S 94 i'ennaneut ?jail, Dar? lington. 4,000 00 Interest on public dela I9u,67fi 2tf ti. ll. KiUipton, Kluan clal A pen i, amount elsewhere accounted for, having been re? turned to him. 424,424 00 Total expended on ac counLof old claims.. $995,073 24 Leaving expenses in curred by the pres? ent government_ 1,103,372 20 Cash on hand. .. ti.ssl 07 $2,111.190 61 The entire amount of $995,973 24 is coolly put d?wn as "uxpoudod ou account of old claims," of "claims incurred previous to the inaugura? tion Of tho present Statu Government." Wau H. K. Soolt incurred previous to tho inaugura? tion of tho present State Government? it is lia i enough lo liavo him now, but pray have nonio DI ty ou us and do not carry him "by re? lation" back to tho helter days ol' tho Stato. Waa II. H. Kimptou an old claim ? Did the SKUO owe that esiimablo voting man $121,424, lioforpj tho inauguration of tho present State Government V 1 trow not. Of tito Lilla re? ceivable I will speak hereafter. How far the items aro equally tho dma of tho present gov? ernment, 1 do not kuow. Tho uecoHsary fa? cilities for bifting tho account uro not within my reach. Bnt to return to tho comptroller-general's account, and to that item of H. II. Hampton, $424,424, "elsewhere accounted lor, having boen returned to bim." Looking elsewhere I Und, Delator 31, Um last entry mado lb us "By LL FL Kiuiptou $424,424." Now why was litis particular item selected 'out, tobo deduct? ed au having been roi urned to him. Un trios of ino Bamo character run throughout thoyear. There wan paid to If. II. Kimptou during thc yaai ?843,848. Tuo outries aro exactly alike, and why should HUH particular ono be deduct od and nono Others ? In October Ute State re eeivod from H. EL Kimpton $819.714 50. and in Oolobor tho ?tate returns to Ll. II, Kimpton $421424. How is it possible to deduct this $424.434, as no "old claim," "incurred previous to thc inauguration of tho rn e.sent State Gov eminent V" To put it in the mildest form, thia j outry throws great doubt on tho correctness of j th? ?niiro account. Let us look a little further into this mal ter of ? , II. H. K'irmtoii. Iiis account current mill tho ' Statu for tho yenr HIIOWB : To cash, $1,007. 923 54; hv cash $492 500; by balance, $515 424 54 Total, $1007,924 54. October 1, 1809. To balanco brought down, I 1 $515,424 54, or in plain English, that on that day tin State owod I!. II. Kimpton $515.424 54. Tun iu what Mr. Kimpton najK. Tho comp? troller-general's account? shows that Hine was recoived from H. H. Kimpton $1,412,711 50; that Hu re was paul to H. IL Kimpton, $818 818. October 31, 1869. Balanco duo Kimpton $.r>lt?.S0fi 50. Tho two accounts do not lally. The ono ac? count is mado up to October1, tho other to October 31. Hut tine will not explain thc dit terence. Tho accitinta ol tho cotnplrotlor show that ho received in October, from Kimplou. $819, 714 50, and that lie paid Kimpton $545.323. Now, il Hie account* aro fairly and cornelly kept, tho two accounts should agree-tho Hann: cullies would bo iu cach-aibl I hon to Kimplon's account tho receipt? ami payiue ilh in October, and bring his account up lo 31st October. It resulta thus : To cash.$1,007.1121 G4 By chilli. $492,51)0 To cash. Sill,"i l f.0 By cann. 646,313 Total. l.S27,U.T.? 04 Total.1,037.823 Balance due Klmptutt. $7Mi,8!G Total.$l,ft!T,?S9 And yet tho Comptroller's account only shows $593,800 50 as duo Kimplou. lu other words lhere ia an error or $195 919 51. A word moro, ?md wo finish with Mr. Kirup ton. His account allows that he received $2 703,000 or bouda. Tho Hame account pub? lished by tho comptroller shows that Im Hold $300,000 of thu bunda, 'and nave credit for tho procoo la. Thu comptroller, in Iii? report, saya that thoro waa a furtlier uah: or $3!X) OOO ot bouda, report ol' which waa not received "until alter tho close of the liscal year," ami yet the comptroller coolly aava in thu samo re- I | jiort that there aro "$2 700.000 of bouda signed | j up and placed in tho hands of thu linaiicial agent nnnaiiiou/ iiiwoZci.'' It is noteworthy that Mr. Kimptou'a account shows uo chargea for commissions, brokorago or any oxpcnsoa or compoiisatiuu. It ia tim boldest account possible. To cash. Hy c ash. Tho olontiful lack of information it co ii talus nt tr aol ed tim attention of tho Legislature, Who, by joint resolution, requested "of thu treasur? er a report of tho exact status ol'thc State with H. H. Kimpton." Tho roply of tho treasurer was a dignified rebuke to any ?moll impertinent curiosity, j ' Ho says : "lu roply, I have tho honor lo re? spectfully refer your honorable body to tho treasurers report, madu in conlormitv to law, for the liscal year ending October 31, 1809. which contains all the information required by tho resolution referred to." In tact, not to put too tine a point upon it, ho snubbed tho Legislature, and the Legisla? ture submittod to thu snub sud relinquished thoir pursuit of kuowlodgu. Anxious aa 1 am to know tho exact etatns of Mr. Kimplon's ac? count, 1 daru not hopo for a bolter result. I must possess my soul in pea JO until the treas? urer or comptroller speaks, or we.aru bankrupt and indifferent. Tho instances I have* given show that tho official accounts aro inaccurate. I propose to show that they tire utterly unreliable. 1 make no ii i doun dod assertions. 1 deal iu no looao charges. 1 take the official reports thumaolvus, nud show that they caunot bo made lo balance I will show from thu accounts themselves that they arc falso. Thu treasury dealt largely with Kimpton. The items in Kimptou'a account willi tho Stair and the State account with Kimpton, should agreo. Tboy do not. Tue treasurer's account shows that ho hus received from Kimpton.$1,442.714 50 Kimplon's account altows thal tho total paid out by bim on ac? count of tho State wau. 1.007,924 54 The two accounts do not agree by. .$ 434.789 9C Bo much for Hie total. Let us tost tho accounts.inrtb.or. Thu treoHuiy accounts show that tho State received hom Kimptoo to April.$ 250,000 Kimptou'a account shows (hat up to April 1, bo paid out ou account of tho Stato. 373,213 33 To July 1, tho treasury recoived from Bampton. 195 000 Kimpton's acconut only shows_ 180.000 To October 1, the treasury recoived from Kimpton. 303 525 Knapton's account only shows_ 193,000 Cut thote is oiiu ?lcm which Ibu account doua show, which is wonderful, 104.901 71, for "cash paid exponaos for pr?paration or NUI? bonds, express charge*, stamps, intuivst, A.c." How much interest is not mated. We give Um un? ity as it utanda and commend it to tho atten? tion of our business men, aa thu most compre? hensive uulry, perhaps, on record. If we roturu to thc crudits, errors exist timi o also. Ia August the State pa*d Kimplou $125,000. but somehow or other Kimplou onlv gives credit for $124.500. lu September, tho Slate again paid bini $178,525. lint gets credit for only $158 000. On those two entries tho Stato loses $21,000. v?bat became of tina amount? The State paid it out. The Slato doos nul get the credit for it. Whcru did thu money stop ? Who baa it ? Against whom will Mr. Chamberlain, as at tor? ney-general, bring action ou liolialf of thu SI alu lo recover this $21,000? Wo wait to soc. How loug shall wo wail ? Let un Hirt the treasury accounts a little. There waa paid out of the treasury for interest on public debt In July, Angust, September and October, 18G9.-....$332,554 62 In July, August, September, H. H. Bampton paid on account of State interest on public debt, amonnti uer to. 192,704 50 Hero thon was. 525,259 12 paid out by the State for intercut, and yet on the 3l3l of October tho entire amount ia a^nin put down in treasury accounts, as paid-for in? terest ou public dobt. Io oilier words, the oificial accounts show that $525 269 12 of in? terest has been twico charged. If it was sim? ply a clerical error, tho cash on hand would show it. But thc cash on hand is only $11, 851 07. The monoy is fhoroforo uot m tho treasury, lt has been paid ont. Who cot it ? Whero is it? There is not a merchant or book? keeper anywhere who will not Hay that thu entry is a falso entry. What reliance can be plicod on accounts thus kept? And yet of such .material Mr. Chamberlain sucks lo build a monument to tho iii ianda I wisdom of tho Scott administration. Wo have already examined Mr. Chamberlain's argument on tho financial question so fully, that wo can but briofly allude to tho other parts of his spooch. A word, howover, as lo tho bills receivable Mr. Chamberlain says ' $300,000 of those bills ' had beoo issued prior to Joly, 1868." 1 confess to groat surprise at reading this ?talement. The truth was so elnar, correct information so easily at tai na hie, that Mr. Chamberlain owed it to himself to m aka tho inquiry before ho risked his reputation on such an assertion. There no vcr was $300,000 nf tho bills in exist? ence, and Mr. Gbaniborlain could easily have known it. Governor Orr, in his message to tho called session of tho Legislature in Julv, 1808, says 'tonly $220,000 haw been signed and carried to cash ni the iroasury. On 1st May, 18G8, there was outstanding and in circulation nf those bills rccoivablo only $135,687." (Mes? sage, page 7.) Goveruor (tao! t aa vs : 'Thuro is a Ho.-.:i II- del it of $160,000 in tho shape of bills receivable in circulation ' (Messago, 1868, p. 4.) Here acaiu Mr. Chamberlain makes a slight error of $110,000. Mr. Chamberlain says : " 1 lioso bills were receivable at par in payment of all duos to the Statu' Should ws have ?c issucd lltotn? Could wo alford to ro-issua them at 60 coats ou the dollar and redeem them at par? No.'' And yot I hat inexactly what (hoy did. If they redeemer! $300,000 or j thom, then they ro-issued them, for only $100, D00 were out when Governor Scott assumed uotitrol. and Lhere was an act authorizing tho re-issue of Ilium. Was Mr. Chamberlain, tho ] I ittornoy-genoral of tho state, ignorant of tho axistenco of tito act ? To tho list of err irs and omissions wo must pot add one more. No where lu Mr. Chamber lam's speech docs ho s i vu credit for any monies ) paid over to Lho new by the old administration. , I'll? ?doa instilled is that Govunor Scott's ad? ministration not onlv had to raise tho funds to ' inoet its own debts, bul were compelled to pay I the dobla of tho preceding administration. t If ut Ibero was I inned over to tho present ad ininisti-alion $95,516 26, and Ibo receipt ol il idmittod by thu treasurer. (Sue pago 100.) Phis amount Mr. t'hamborlain entirely ignorus. Lr an unlimited power ot subtraction from the . . mo Hidu und omission (rom tho other is con- I jedod, it is pasy to roach a result that will bo | J [lolitically satisfactory. It will, however, hardly produce a fair and just statement, and that vhat wo hud tho right to expect hom Mr. Jliamburlain'ri position a?d ability. I'liii last, item of finance winch we slntll ad? irer! to is the Blue Bulgo bonds, air. Cham- ? tierlain's point on this is purely technical.' A;> jiidorsuinont innot, m legal phrase, a debi; s mt, legally and practically, it is un obligation; C iud if thu obligation is incurred for one who is munie lo pay, tho OlMlorser hus tu pity. Mr. 'Iiaiulici'luin's argument is tins : If yon nu- | - lorsu a note f>r a diunkoti idle vagabond, it is mt a debt, ob no I II la only a contingent lia- I i lilily I Wuat comfort would Utera bo m know-1 tig that iii?: liability was only contingonl ? f Vny bimi ness man who was foolish enough lo ! rivu snell an undorsement, would-be wiso t monga to prepare lo meetlho note at m itu- ? -?ly. But il is trilling with (hu suhju^t to ru-at it in that rushton ' If the Bluo Bulgo Uoad Is as solvent as thu 1 ither rout ls, for which Uto D?alo han guaran? teed bonds, lliun tho Kl ato runs no greater J r risk. That is tho real issue. Can (hu Blue 1 1 Ridge me? ls its bonds al maturity ? Governor Scott decid.'div says, un. 'ML would require J f ?bout $8,000 000 lo pul Lho toad inriuiuiuf! ?riler," and that "willum! the expenditure or | noni capital, the whole iuvosttuent must ro? main as duatl capital." Unless we ure prepared lo gh'o another $4.000,IHIO, the road cannot be mmpletod- if not completed, thu road cannot my inl 'iost on Mm deb:; and if il cannot, pay nt crest, it cannot pay priucipal; and where, ,licn, would bo tho contingency ? Prudent men, embarking in business as d- j j jurlners, usually fetter each oilier with obliga- 1 iioua not to endorso or guarantee. Expol?eme caches that ondorsonisnta lead tobaukrapLty, nul they guard against it. Mr. Chamberlain , .vould ?iavu us boin vo that it is a harmless | * unnneniunt-a purely contingent liability, lave u heller opinion ot' Mr. Chamberlain's iu boUoct Llia.i to suppose him to bu deluded or fin vi need hy such sophistry. With this, I CIOHU my review of tho liiunctul ldmintsl ration of Govornor Scott. 1 have ox imiiu'il t hes'] accounts carefully, and Iiavu I t itatod, or liuvo endeavored toatalo, tho roHiilto airly. I liavo made no Htalotnont thal is not justkiued by tho ofllcial documents. If thore s orrer, it is, thoroforo, susceptible of easy md itnmadialo correction. Bo far from tho ac:ouuts justifying lho eu-. :omiuins that liuvo beo.i paul to thu wisdom | 1 md economy of Hie Scoll adniiuistraliou, ihoy tro mutely eloquent of official lgnoriiuco and ixl ra vagan Co, of wa^to'ul expenditure, of crim? inal negligence, if not flagrant corruption. Large Hums paid for trifling HorvicoB, debts paid and the proper credits not given, ami a aalf million of dollars twiuu paid for thu same ., lebt. J To tho proporly-holdera and taxpavors, IJ1 commend a careful study and investigation sf theso accounts. To them thu subject is one pf vital Importance. Unfortunately the incli? nation of property-li oidora and busiuoss men ? is to avoid politics, nod all political | < cuestiona. They rather pride themselves u|wu being utterly indifiuront to politico, and ono of tho objects I have had iu making this examination of State es pend it uros ia to show to them tho price which tboy pay for that in difl'uronco. If tboy roruso to make their weight, felt iu important political issues, if the intol ligeneu. capital audj cbaraetor of tho Statu I shun all counectiou with politics, political cou- j I liol or tho Stale will inevitably fall hilo lho hands uf those who uro ignorant or corrupt. All will HU flor from ill government. Kvory in? terest will foul it, bat the weight ortho burden will fall upon properly. -Thc Journal ?lo Geneve reports ibo loss, in ii heavy snowstorm on Mont Blanc, ol a piirly ut eleven persons, consisting ol' two American and one Irish tourist, three guides und five porters. The weather was flue- when tho parly started, but tho next morning a violent storm arose, und the laslgUlupse thal was had ol' the travellers was whoo the? hail arrived at tho "Dromedary's Hump," al an hour's march Iront tho summit, AtUutt Hine they were seen suddenly to collect together ami hold last to each oilier, ami then lo disappear in the snow wreaths. At Urst lt was believed* that tho lourisls had sheltered themselves In tho cre? vices ol' the Ice, but, on their non-appearance, thirty-two young men ol' the valley went out In search of Ilium. This party ol' rescuers wert; obliged to return lu uouaeqiieuca ol the fearful weather. A second party ol' twelve courageous young mon made a second at? tempt, but the rnltt and wind again obstructed all efforts to sade Ute mountain, AU hope of Um safely ul Ul? lourisls lum been abandoned, anti il is believed that they were precipitated by Ute tempest over the rocky path on lo Hie glaciers. -The voting in Prance for members ol the Constituent Assembly will cummeuce on the Itilli lnslant. This election, which was sus? pended on the announcement of the fal I ure of M. Havre's peuce mission, seems tu be de? manded by Ute necessity for un entirely re? sponsible government,-and Hie more thorough harmony of the people, as well as a measure ol prudent, preparation for concluding peace lu a foi mai manlier. RA DICALISM ASO REFORM. A PLAIN STATflMBNT OF TJEE-POINTS'AT ISSUE. Being a Caa?ver?n.!ion belldeen June I'iiic Un. j , an 1;mit?t Republican,and Peter Hull, a Hf mint li Itoforiner. JUME. Mr. Duli, where aro you going th in fine morDiDg? PETER. I am going to Hie Beform barbecue to hoar tho speaking. JDNB. Who do you reckon will bo there ? PETEU. They da aay Judge Carpenter and ?enei-ivl Butler will ?peak thia uiorniug, but auy way, wo aro ?uro to hear nomo plain talk about tho rogues who aro utoaliug my money and ymir money too. JONE. Why do yon talk that way ? I know you are a hard-working man, and an honest man, but yon ought not to speak BO, PETES. Whynot? li's tho truth. JUNE. Even if it is, you ought not to abuse your tried friends Tor the sake of thcBC Reform? ers who'll fool you'in a minuto if yon juatgivo them a chance. They aro ready to promiso anything boforo tho elections, but if Carpenter and Butler aro elected it will ho a bad day for the colored people. PETER. How sn? Talk right out and toll me what- you mean. JUNE. I mean Hi ia. Thc Reform party is Hie oki Democratic party, and if it gels back ?uto power it will take away onr rights. rETF.it. You aro ali wrong, i'be Reform party iu not the old Democratic party, and tho proof is, tiiat thoiisautls of good Republicans wo going to voto tho Reform tickot. lama Republic .tn, and, if I live, I shall east my ballot tor Oarpeot?r and Butler. JUNE. Why do you abandon your party. PETER. Because the Republican party of south Carolina is in tho hands of bad men. I .*an't trnst them any moro, and 1 vote against .hem, not becauso (hoy aro Republicans, but ?ecause they havo cheated everybody, and got ?ob. wliilo yon ami I stay poor. JUNE. You may bc righi. Just last night >ld Sam Johnson told me that ho saw iu Co? ombia things, that made him sick, ami ho did eli me ho boliovcd nearly every one ol those .ana Radicals was a thief. Bu*, Peter, it's ? loap bettor to li t thom got a bnshel of money han for us to loso ont rights. PETER. Ia that what yoii aro afraid of ? JUNK. It is that. And 1 toll you that the tolored people in this county will not sign heir libot ly away by voling for Carpenter air! Jutlor. They will go for Scott cvoiy time. > PETES. Hold on a minuto. Do you know vhut your rights an?? JONE, i do that. I am a freo citizen of iou tit Carolina, ami have tho righi to enjoy all | ho public privileges which aro possessed by , my other citizen, whatever his station or tho :oloi of his akin. PKTER. That's it. Toll mo now who gave mn tboao rights ? JUNE. The Republican party which set mo roo, ami gavo me Lhe right to vole ami hold )fnco. PETER. I tellyou,Jano, tho Republican party ict you and me free to holp thom lo conquer k-s Milk. Thu Lo.ika show thai, ProHidunl .lincoln, and Congruas Ino, would havo made toaco, ami loft us all in slavery, if tho Bonth irn un ito pttoplo had laid down thtiir brm*, lim North wanted to uavo tho Un km, not lo iavo tito colored people. And it Was lo gel -iorlheni tuen in Congruas html Hip Sont li, timi o gi v.; Hont h Cuolina lo earpet-li igguru, thai Jteyjravo ns a vote. And I am going to make . good usu of Hie privil?ge. JUNE. I don't minti much how wo gol our ?gills. What I want ia to keep thom. PUTER. Ami so do I. Now toll mo wini' (?vea you the right lo vote ami hold nineo P L'hure is no military boro now ns ibero was liter tho uar. JUNK. Well, the Consituiion of tho Stale fife? mo those lights. PETER. Thou, unless (ho .State Constitution acbaug?? nobody can take tho least bit ot mr rigbta away? JUNE. That's tho way of it. PETES. Tell nm who can chango that conitti uUon. Can the Qovornor do it. JIM:. Of couiso not. PKT tu. Can tho Lcgi?laluro do it? JUNE. That thuy can't. PETER. Neithor tim (lovernor nor tho Legin aturo nan chango tho ConHtltutiou I JONE. Tito people might do it. PETES. YUS I thc people can change thc con ititutiou. But there aro ninety thousand cot? trell voters in tho State, and only sixty tho n wiid white voters. Tho colored have tho ma ority. Now do you think that the colored leoplo would voto away their rights by chang ng tho constitution ? Do you understand ? JUNE. Not oxaclly. PETER. Well, I'll say it over: Tho State Constitu? iou gives tho colored man all that it ?ivos tho wk i lo man, and allows thc colored nan to do all that tho white mau may do. This itauds an, and tho Constitulion cannot, bo 'hanged except by thu people Now as th ore uro thirty thousand more colored voters than while voters in South Carolina, if auy ono at? om pted to ultor (ho Constitution so us to injure mr raco, we should just vote it down. Do you mu now that J migo Carpenter and General Butler, and tho Reform party, can't hurt us, uven if Ihoy wanted to ? JENE. Yes, 1 eoe that. PETES. And we havo moro protection still. Tho Constitution of tho United States pit? r?n ts any Stnta from macing aay tl i Hero iee, iu Lathing, between a colorod man and a whi to man. All the Southern States put. to? gether cannot change the Constitution of the Unitod States, and, without it is changed; no Slate and no party c*n ovor doprivo us of any of tho rights, big or littlo, that we now enjoy. Now, what havo you and 1 to fear from the Reform Party? JUNE. Woll, not much, it does acorn. But you know. Potor, they might put ,that Black Code in oporalion again; uiako us havo pause? to go about tho district, and in that way niako slaves of us again. PETEU. I tell yuu that is impossible. If they havo passes for tho colored man, they must havo pantos fur tho wliilo man. The Consti? tution nf thu Uni toil Slates doon not allow auy law lo bo ni ado for tho colorod people only. Ail miud l>a nerved aliku. Cortaiuly, Ibo whites don't waul a Bind; Code aud IttSHOS, and thoy can't havo them for us without having them for themselves. JUNK. Thai's BO. PETES. And, beside*, tho Reform Party do not waul to fool yuu if they could. They put colored men on their committees; they seud colored ineu to tho Logiulaliuv-; they givo uvory class its representation. And, if thoy tried to do us. harm, the very colored men who put thom in ofhco would put them out again. I tell you thoao politicians mean to toto fair, for Ibero is more to bo gained by treating tho j colored people well Hhau by treating them ; badly. [ JOKE. Well I I nm all-straight on that ques? tion. 1860 now that the Reformers have not .the power to take uway any o* our ti Rh ta even j'f they wanted to. But we are safe, as we are now, with the Bepublican Barty-why should we change? PETES. lu the first place, Scott and his over Beers are not Republicans; they aro thieves and robbers.. Just as long aa they stay we eh all not bavo an honest and fair go vor omen t ; a.id it is that sort or government which thc Beform Parly will give the Stn te'. JONE. What difference does that make to rae?" PET mt. All Ibo difforonco in Ibo world. Scott and bis overaocrs make all sorts of office* and givo thom to their friends. Corbin bas five or six offices, Moses lins two. Elliott bas tero, Bansicr baa two. De Largo bas two, and that's the way all over the State. No.w, tho Reform party won't allott any man to hold more than ono office, and will put in office honest men like yon, not thieving politicians. JUNE. But ir I don't get an office, what then? PETEU. l'.'l toll you. Wheiever you work yon have to get your pay from thc mau who employs you. That man gets the money to pay you ff. th by selling what he makes, br raises, with your help. Now, when taxes ore high as they are now, people have very little money left to epev}, and your cmployor can't get a good prico for what bo has to nell. He can t afford to go on unless bo ma koa money, and tho consequence is you loso yoor place or get leas pay. ' If you bad a government that poople had trust in thero would bo now mills' going up in evory county, new railroads would bo built, and tho laboring man would find as much work ns be wanted, ami wonld bc paid wall for it. Neither you nor I cap get along comfortably uoless the government is carried on cheaply aud respectably. Yon como over to the speaking, and Judgo Carpenter will ex? plain it all to you. J UNE. Yes, I will go. But I bavo made up my mind thal the Reform party is the pince for tho honest colored mau, ana to-night I m jan to join tho-Reform club. Jtl'SMA'S TiEMQKS. Dm >. the Ciar Contemplate u. Descent on Tm k< > or Intervention ou France I nd n ut ?ons of Iiis Purpose. We have telegraphic information ol gigantic pr?parai ions lorwaron the part of Russia, and lt hus been intimated thai lt ls to be directed against Prussia. We give below various ox extracts from loreign journals bearing upon Ibis imporlant question, and affording Infor? mation ol a lato date, which may aid to a coin prehension of the developments and the for? mation of a correct opinion on the questions Involved. AN A USTRIAN-KUSRIA? ALLI A 2? Cl FOBS 8HAD0WBD. The Vienna correspondent ot Ole London Telegraph thus alludes, under (latte of Septem? ber R, to cerlaln Indications ol a fattire alliance between Austria and Russia tor future de? fence : The marvellous tide of victory which, to our present scorning, ls carrying the Prussian standards across Hie plains ol' Champagne lo Hie walls or Paris, was not by any means un-; llclpnted lu all Hs successful "entirely by Rus-: sin, when Prince GorlschnkolT went ball to Count Bismarck for thu protection and safety nf tho Prussian ruar. Circumstances notori? ously niter cases; and the unexpected Prussian annexation of Alsace urn I Lorraine, together with Hie inauguration of a French Republic have mude tho Russian Minister of Foreign Allans shift lils wind lt Utile. Klimpe, accord? ing lu tho serious conviction ot St. Petersburg, ls ?UioiiL tu williwa a terrille struggle between Hie Ked and Blue Spectres. Neither of these apparitions ls at ult agreeable or welcome to Hie government, of the .Czar, and ot the two the llrst ls, perhaps, the one to bc most dread? ed. Annexation lever Isa mighty dangerous disease lu Emperors and Kings, Chance Hors, and mich like, and can only be exorcised by sanguinary and costly remedies. Whether the retir be reasonable or not, people here ami in Russia begin to entertain grave apprehensions about the I'uliire policy of Prussia. They are of Hie opinion thal. Count Bismarck will, il he is allowed successfully to absorb Alsace and Lor? raine, proceed to give lurtiMT high-handed illusi .rations to Hm pal flot lc queries us to what ls the Herman Fatherland. 1 don't ut all share these apprehensions; for Conni, Bismarck being victor, I am convinced thal ii more noble,disin? terested, philanthropic, peaceable and scrupu? lous statesman never before disturbed the peace of Europe. For all this, Austria does uneasily look forward to a trash onslaught, and Russia thinks IC Just possible that thu old question of tho German provinces of the Baltic now In lier possession may crop up again before she has had the lime'to thoroughly Russianize them. In the present aspect of affairs, there? fore, it luis seemed good to Prince Gortschakoff to draw nearer to Austria In loving friendship. The Czar and his Chancellor had many things to explain and suggest which could not be put upon paper, and, very properly avoiding the ever-to-be-hofrlbly-remembered fiasco of Count Benedetta, they decided lo request Count Chotek, the Austrian Ambassa? dor at St. Petersburg, to start on the wings of the morning to Vienna, and report to lils Government the exceedingly amiable Intentions and wishes of the St. Petersburg rulers towards those of this city. Count Chotek's travels at the present lund ure are easily explained according to this government. There ure at tlds momeut one or two pretty little outstanding differences between Russia and Austria, which are not very portentous In themselves, but still are very convenient to keep on hand in Inter? national grievance stores till occasion requires. For instance, tobacco is cheap In Kassia and dear In Austria, while alcohol ls cheap In Aus? tria and dear in Russia. Smuggling and wrangling ensue in consequence along the whole Cal ic ian frontier. Russia wants Austria to regulate her tariff practically for Russian convenience. Count Bcust rejoins, he can't; for thc matter rests with the lie i elis rat) i; ah tl the Rclchsrnth, having Its hands full of private quarrels, ignores possible external feuds. A second and more formidable grievance exists In the proximity and intrigues of the Monas? tery of Wlelo-Krlnltzka, In the Bukowina, not far from the Russian frontier. This monastery appears to be tho Holy of the Holies, aud headquarters ol' the sect of Kaskol noks, which, I am told, ls very numerous and troublesome in Russia. This is Hie oulymon asterv ol' the sect which possesses the faculty ol ordaining Hs priesthood, and is therefore osjieclally obnoxious to Russia, who requires ita suppression by the Austrian Covernmcnt; lo which Count Beust, us a matter ol' course, replies that free Austin can't do such arbitrary ucl?. Thc main object of Count Chotek's Journey, however, ls undoubtedly In connec? tion with the "general European question," and Russia would be pleased Just now to como lo an minite conliale on It with Austria. What Russia proposes ls best known to herselfand tho Austrian Chancellor, and lt behooves the lal tor to be wary, for thc Argus-eyed Bismarck ls Intently watching him, as well as everybody else, from tho vineyards ol Champagne. AN KXUMSK VIKW OK RUSSIAN DK9IUNS. The Manchester Guardian of September 16, alluding to the crippled elate of England's only European ally, says incidentally ol' Hie Eastern question : The reopening of the Eastern question, which means foi- England tho question ol' the advance of Kassia to a position nom which she may hope to break up our Indian Empire (held even now by the most Insecure of ten? ures) luus been postponed for years by the co? operation ol' France and England; and the union or the Western powers hos been lookeil upon by all political parties ns :i security against Hie pretensions lo worUI-wiue liomin ion o? Busala In the East and Ameri? IA tm* West. Now, If France be struck dows *om her place as the leading po we;- an tts QMV> neut, can Germany replace her tis a frm SJM. serviceable friend to this co un try ? TL*? are some English philosophers who scorn tk? Idea of interested alliances, and maintain tts* a nation ought to bare no policy exoept ?kf ofibulTdlngnp Its own society on iheprlnirpii?r steadily improving the morsiandma^afoT" T, nas not me choleo of thus keeping ns self aloof frqm the rest or the world Whs* ever may be her domesUc policy In these H lands, she has vast possessions In the BB2 Which arc coveted l)y Busala, and great col? j nies In the West which America would not be unwilling to annex. No doubt we might gat rid of all our difficulties abroad by abandoning India and her colonies; but while we Insist on maintaining the integrity of the British Ba* pire, we must count who ore likely to be om friends and who our enemies among forsten States. That Germany will be In many re? spects a valuable ally to England we firmly bar Heve. We nave hopes that her citizen army may return to their homes with a stronger love ot peace, and that her government, con? scious of Its strength, may In Itu foralgn policy steadily respect the rights o? other na?ona? I But there ls a lear that reconstituted Germany may be unwilling or unable to forego the good will of Bussln; and it is significant thal no sooner is France rendered powerless than Russia begins to talk of obtaining, a revision of the! treaty of 1856, British Bhlps and Brittan troops alone may still be able to keep Bania 'out ot Constantinople, but lt is important for English statesmen to bear in mind that if France be effaced as a first-class power ' we shall be left to all appearance without a friend on i he Continent of Europe willing to help os eather in the East or in Ute West. RUSSIA TO AVSNOB 7RANCC. The Berlin Avenir, au outspoken Republi? can paper printed in French at the German capital, alter making an argument against the annexation of Alsace and Lorraine, says in re-, gard to tho complications likely to follow the pr?sent war : Whoever does not allow himself to be car? ried away by the excitement of the moment, or who Ls not interested In misleading the Uer man people, must loresee that the war o 1870 will lead inevitably to war between Gar many and Russia, os that ot 1866 brought on that of 1870. We say inevitably, unless mere ts a revolution in Russia, which is unllkel". Except in that Improbable event, war between Germany and Russia ought to be looked apon as certain, lt all depends upon the course Germany adopts. If she annexes Alsace and Lorraine, France allied with Busala will enter ' Into war against her. A GKP.M.IN'-PRUSSIAN AX?I?N?E. The Cologne Gazette publishes, "on" good outhorlLy," a communication from Berlin, rela? tive to the attitude ol the neutral powers which looks like a bid for a Rusao-Prusalan alliance. The writer positively denies the re? port that England and Russia have proposed a Congress io favor of France. It says : Russia has no Iden of Interfering between the belligerents, and "the commercial policy" of England forbids her to do so.' '-Tho neutral ; Powers, with the single exception of Russia, hos shown no good-will to Prussia in her coo? li let with France; but from hostile Ideas to hostile acts, now that the German armies have won such great victories, ls a long way." Ger? many, he proceeds, will reject any foreign In? tervention; "the conditions of peace will be dictated to France by the German Powers alone." "That Germany ls in the position to do this ls due, next to the bravery of her people, alone to Busala, which has been friendly and useful to ns In the war. Thu 'Czar appreciated eur posi? tion with good-will and intelligence. By his decision Denmark was led into a sensible pol? icy toward Norm an v. and Austria wua pro vent? ed from recklessly" following tho ^hankerings of Count Benst. The forced neutrality ol Aus? tria must also have influenced! the attitude of Italy. As for England, she placed her com , marcial Interests in the foreground through? out ?he war." Tho writer adds that Prussia can accept no conditions of peace that will not strategieajly secure the southwestern frontier of Uerm&ay, "The German government^ however, might enter into a friendly under? standing with Russia in regard to the peace conditions. 1 beilevo that Germany would consider the Interests ot Bussla in the negotia? tions, and even advocate tb&s.f should this be desired ac .St. Petersburg. Rut I KU convinced that rf congress at which other powers would also be represented must, in the interest? of Germany, be most decisively rejected in Vie* tr ot tho un/avorable and unfriendly attitude ol the States whlcii have hitherto been only com? pelled by necessity to remain neutral." RUSSIA PATHO Di? B?QABI>3 TO SAXONY*. Tlie London Post, commenting aa the pre? sentation of the military orders of Sr. George by the Emperor of Bussla upon the Crown Prince of Saxony, thinks lt an evidence of good will to Germany rather than an effort to gain the good will of Saxony. It says: in conveying the intelligence to the Sing ol Saxony, tho Emperor of Russia hopes that the former will see In this oct a . fresh proof of "respect and friendship1' It may be chat no political significance was intended by this act. But negatively, at all events, that significance ls to be observed. If Russia entertained any stray dislike to or misgivings of the marked successes of the armies of the North German Confederation, she would not be likely to con? fer distinctions on one ot the prominent gene? rals or those armies. When the war first broke out, the sympathies of the Russian Govern? ment were evidently with Prussia. It has been thought that the unlooked-for turn that events nave taken mast have shaken the views of Russia respecting the war and Its resides. Are we to infer from the telegram to the King of Saxony that these surmises were unfounded, and Russia li "heart and soul with Prussia ? THE AMERICAN JOCKEY CLUB. Races at Jeron?? Park-Intmenae Staines and Parse?. Tho fall season'of the American Jockey Club will commenco at Jerome Park, New York, on the 9th of October and continue until the 16th, The large purses and stakes to be run for are thus stated : On the first day there will be four races, en the second five, on the third five, on the fourth six, and on the fifth six. The stakes to be run for are numerous, the entries large, and the amount of money to be wou beyond all prece? dent. The club Itself will give in purses and money over S15.000, and Mr. Lombard, ono of its members, will add $3000 to the stake whl?h bears his name, together with over $20,000 In The'Champion Stakes, for three-year olds, ia 3200 each, hall forfeit, and $1500 added, mlle heats. There are forty-nine subscribers, so it - will certainly amount to over $7000. The Nursery Stakes, tor two-year olds, is $50 each, play or pay, andJ1000 added. T?tere oro ? sixty entries, so tiered $1000 for beating the string. Then comes the Jerome Stakes, for three year old miles, $300 each, hall forfeit, and $?00 added, one mile and tliree-quartera, There are nineteen subscribers for mis, and it will probably amount to $4000. The Maturity Stakes, lor four-year olds, ls $200 each, half forfeit^ and $1200 added, three miles. This has twenty entries, and the W< ner's earnings will fall but little short of $*ow. Then there is tho ancual stakes of three year olds, $500 each, half forfeit, and $1000 ad? ded; tvo miles. Twenty-six have entered fer tfils, and if five shonld stare lt would amount to ?8500. Then (he Lombard stakes, the last of the great three year old stakes. It ls $500 eich, huir forfeit, and $3000 added by the liberal gentleman after whom lt is named, lt ki for two miles, aud therej are twenty-thre? sub? scribers. So If there should be six starters the lucky one would pull down for Ita owuer 310, 250. . ' Already seventy-five of the finest horses in thc country have been entered. Among them aro those of Governor Bowio, Major F. DOE well, John O'Donnell, Augustus Belmont, Hunter .t Travers, L. W. Jerome and others.