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VOLUME XI.-NUMBER 1883. CHARLESTON, THURSDAY MORNING, JANUARY 18, 1872. EIGHT DOLLARS A THE SAIE OF OUR SOIONS. v_ LEGISLATING ON THE CASH PRINCI? PLE-HOW THEY HO IT. The Great c: u Ridge Swindle Trying the C. O. r>. vr ra u men f-11 Does not AVork-The Wew Cash Plan-It Works Like PL Charm-How Mach a Vote Brought-The Debate-Will the Gov. -~ ernor Veto-The Pros and Com-.V Spi? cy Interview-beagle's Average Ad? dress, Sic, &c. [PROM OCR OW CORRESPONDENT.] COLUMBIA, 6. C., February 23. The mala event of to-day's legislation hos oeen the passage through the Senate (on the .cash principle) ol the Blue Ridge Swindle. The credit system, or C. 0. D. principle, was tried In the Senate when the former bill was pending, but didn't work. Senators were Averse to bribery, of course, on general prin? ciples, but they were particularly and emphat? ically averse to contingent subornation, and so when they were told that if the Blue Ridge "bill should become a law they would each re? ceive $1000 casb, t hey persistently refused to see lt. In fact, they disrespectfully attached their thumbs to their noses and playfully waggled I J?elr fingers, and in divers Ingenious ways dis closed to the B. R Ring that the scheme was I "too thin" and wouldn't work. The Bing then refused to offer any better terms, and the consequence was they were beaten, as of I course they deserved to be. But though I Touted they were not conquered. The Ring J bave shrewd and able lobbyists in their j . nnmber, and one of these is the president of I the road--"honest John" Patterson. At this I oriels a shrewd and able lobbyist suggested a I sew device, and one which, in Assembly I slang, would be called a "good scheme," and as such deserves description. The origina11 proposition was to pay each member ol the Assembly who should vote for the swindle $1000 cash as soon as the bill became a law. This is known as the C. O. D. principie, and I this is the scheme that did not work. The I tiew and ingenious proposition was that I as many thousand dollars as there were members of both houses-viz, 154- should I ?e Bet aside to secure the passage pf I the bill, that every member who I Voted for the swindle should receive his thoo-1 sand dollars as originally proposed, and that the remainder of the $121,000 to bs spent In J the House and the $30,000 to be spent in the j Senate should be divided pro raia among the members of each House respectively who should so vote for the swindle. These sums moreover were to be paid as so DU as the vote I was taken in each house, and without wait-1 lng, as was before proposed, for the concur renee of the other house or the approval ol the Governor. This was at once recognized I hy the Intelligence and virtue of both houses as a "good scheme," and the digital gyrations were promptly suspended, the sarcastic! thumbs were removed from the senatorial j noses, and the little device went I through the Assembly like a particularly I lively streak of well-greased lightning. I The votes upon the swindle were as follows: In the House, 80 to 19; In the Senate, 22 to 6. A very simple calculation will show that every member of the House who voted for the swindle should have got $1550,and every complaisant member of the Senate $1363. This j ls, doubtless, Jnst what they made. Not that your correspondent means to accuse any Indi-1 vidual member of the Assembly of accepting a bribe-far from it. As Individuals they are doubtless men of honor, and Incapable of any I such transaclloas, but as a lot they are a curl- I .ons study for ethnologist or naturalist. Now, having explained the secret springs of the j show, it ls time to raise the curtain and relate j ?how the puppets performed their parts. The Senate this morning after a considera ble amount of local legislation, for the benefit ? of Frog Level, Silttehatcble, Little Misery and other, euphonious and important places, pro- I eeeded to the consideration of tho favorable report of the committee on finance on "Bill to ( relieve the State of South Carolina of all llabil-1 Hy for its guarantee ol the bonds ot the Blue i Ridge Railroad Company, by providing for the I securing and destruction ol the same." Mr. Corbin.protested against the passage of the bill, and read a carefully prepared speech, I BettDg forth the objections against if, stating that by the passage of the bill the State would act only release the road from the $220,000 J -borrowed from the State, but would pay the men who were engineering thia project-the Blue Bldge rt tlin.ad Company as lt now ls the sum of $1,803,000 besides to get out of the arrangement. ' Mr. Leslie followed, and made the points in favoring the passage ot the bill, that the State was liable for its endorsement, and the quick er. it got' out ol lt the belter, because next year the debt would be largnr from the ac:u mulatlon of interest; that other managers be fore the present ones of the Blue Ridge Rail- j road Company had been guilty of short-corn-1 logs in office, and as a matter ot course such I things were not unusual; that other States do Just the same thing; and that by failing to give this project what lt asks for, viz, accordiug to Hr. Corbin's showing, $1.800,000-besides the $220,000 borrowed-the State would be the loser on account of its guarantee of bonds. The debate was continued ad nauseatlm. and almost ad infinitum, by Arnim, Whltte more and others, who certainly showed a praiseworthy determination, if they received any pecuniary reward for their advocacy of the measure, to faithfully earn their money, j and the bill was finally carried by the decisive vote of twenty-two to six. The yeas and nays were taken, and resulted I as follows : I Teas-Messrs. Allen, Arnim, Barber, Ble-1 mao, Bookman. Clinton, Duncan. Gaillard, Hayes, Hayne, Holiinshead, Johnston, Leslie, I Maxwell,Montgomery, Mclntrrt*, Nash, Owens, I Rose, Smalls, SwaiiB, Whlttemore, Wlm t>u8h-22. I Nays-Messrs. Cardozo, Corbin, Holcombe, Montgomery, Wilson, Young-6. Bo the bill was agreed to, and ordered to be engrossed for a third reading. Now lt is rumored that tim Governor pro poses to veto this little swindle, and it is also stated that his Excellency hus had suggested to him a little device in relation to the veto power which might also be called a good scheme, and which he proposes to adopt. It Ja .vs eli ?ri own that the Governor has, for his bosom friend and adviser, a certain Ingenious and prolific gentleman, who has been caliea Mr. T. J. Machiavelli. The latest happy thought of this friend in need was, that lhere were a number of s kindles, more or less glar? ing, about coming to a head in the General Af sembly, and that lt would wonderfully add to the Governor's reputation as an honest man If he should veto all of these as fast as they came along. Ha communicated this brilliant idea to the Governor, and a colloquy some? thing like the following ls Bald to have re? sulted : His Excellency. Yes, that is all very fine, hut you know I am In some of these little games myself, and I don't want to cut my own throat. His Honor. I don't want you to cut your .own throat. Did I ever advise yon against your own Interest, or mine either ? Don't you ?ee theru are some ol these bills that it would oe perfectly safe to veto, because they can command a two-thirds vote and go through any way ? His Excellency. Tea; but that would not be consistent. His Honor. Consistent be d_d. Yon get a good card for the next campaign and the bill? go through beside. His Excellency. Well, which bills will it be .safe to veto * His Honor. The Blue Ridge Job, for one That got a two-thirds vote in Both bouses and can get it again. Then yon can safely veto all the appropriation bills, because they all re 9aire a two-thirds vote to carry then rst place, and If thev get that on th passage they can get lt after the veto. Hia Excellency. Then you must w veto messages. His Honor. Can't do that, unless j pay me more money than those New shire fellows will. His Excellency. Never mind, P Chamberlain to back down now. Whal the reporters ? His Honor. Reporters be-, but 1 Imprecate. I'm a judge now. Wei know THE NEWS and those papers wi into us any way, and this ls only a feather on the camel's back. Besld reporters won't find lt out. His Excellency. That's so. All rig fellow. It will keep the Assembly ht days longer, though. His Honor. Well, they won't adjourn middle of March anyway. Haven't money enough to pay their board bil know. After this intimation of bis Excellency poses lt may be Interesting to watch tt ercl8e of the veto power during the rem; of the session. The only other business of importance acted by the Senate was the debate upo Smalls'sblil to provide for an Inspect phosphates, which discussion was pre ted by the introduction of the repc Smalls's phosphate Investigation corni which recently met in Charleston. Tb port shows that the only chattered cor in operation ls the River Marine Mining pany. The statement under oath of R Tomllnson, treasurer, is that the foll? four companies are now digging, viz: Oak Point Mining Company, the Marine Phosphate Mining Company, the wini. Island Mining Company and the Cc Mining Company, the last named being elated with and making returns to the M River Phosphate Mining Company, but n ging Its oilier business separately. Treasurer Tomllnson also staled that the Point Company is associated with his com] mining in streams not navigable, and when it shall mine in navigable strean will be ready to pay the royalty. The ' man's Island Company own to low v mark under a grant from the Governor, are not mining la navigable streams. 1 isla difference, according to the commit report, of 17,655 tons between the amou rock dug ano mined and the amount repc as shipped. The committee state that are satisfied that it ls at least double amount above stated, and that it can bi counted lor on the ground that the Wi l lira Island and the Oak Point Companies claim they are not liable for royalty because are not digging lu navigable stream*, and should the decisions of the courts bo age them, they are ready to psy ail dues, committee state further that lt was imposs for them to determine the amount of p phate rock extracted from the beds ot navigable streams that bas been shipped I the State, and that to obtain such informa they would bave been compelled to have v ten to all parts of the world. Also, that t know that phosphates have been shipped f the State to nearly all the ports of this conn and that European markets have been ge ally supplied from the same source. The report also shows that the Mai River and Mining Company ls the only that has made returns, and that this named company has been in existence for years, during which lime they have expen two hundred thousand dollars for lmprc mente, and that the stock is now in good mand; that the returns made to the State di tor are for but twenty thousand dollars, i that the committee ls compelled to accept I return for want of other evidence, and t this evidence cannot be obtained until sc one is appointed to look after the Interes the State. The committee, of which Mr. B ert Smalls is (he chairman on the part of Senate, and Mr. N. B. Myers ia chairman the part of the House, Bay they are di stress at the prospect that everything will be dc to prevent legislation relative to such an polntment. The bill was then taken up, and was celved with a perfect deluge of amendmei from Messrs. Corbin and Whittemore, w were evidently acting in concert, and end voring, it they could not prevent the creati of th? office of inspector of phosphates, to limit his powers as lo virtually defeat the < jects ot bis appointment. Of all these amei meals the most important was one to redi the fees of the prospective Inspector from fi to twenty-five cents on every ton of fertillzi passing through his hands. This and t rest of the amendments was carried, aud t bill was parsed to Its third readlug by a vc of sixteen to nine. The session was also enlivened by the pi sentatlon of the following affecting memor from the woman's rights women, or, as 30: sarcastic wretch has called them, "the co lng man:" To the Senate and House cf Representatives the State of South Carolina: The American Woman Suffrage Association i apectfully represent: That, wheiea*. the first section of the seco article of the Constitution of the United Stai expressly provides that "each State shall appoli In such manner as the Legislature thereof m direct, the electora for President and vicc-Fre dent;" and whereaa, wonen are now unjustly e eluded from any p irtic: jatiou In the election these highest officers of tue nation: We, therefore, respectfully pray y%ur honorab bodies thit yon will exercise the authority th vested In you by the Federal Constitution, and e act a law conferring suffrage upon women wi a-e citizens of the United States, and of the Sta of South Carolina, In the approach lug President! election, upon the same terms and conditions men. And we further respectfully represent: That, whereas, the constitution of the State 1 South Carolina contains no restriction upon tl exercise of suffrage by women in regard to tl election of < ertaln State, county, town and munli pal effl -era; We there ore reppectfully pray that you wi enact a law abolishing all political distinctions c account of sex. except where the same are e: prcas y con ral nea In tbe present constitution c your state. And we farther respect fa'ly represent: That, whereas, the Constitution of the State c Sooth Car- Una restricts suffrage for certal officers to men s loue, therefore, We respectfully pray your honorable bodies t tate the necessary s ept to amend the State coi sn tut ion. so as to abolish he rea: ter all p jilt icc distinction s on account of s-x. Thia memorial ls presented tn accordance wltl resolutions adopted at the ann nal meeting ot sal Amerloan Woman Soff race AI-s iciaion, beld li Philadelphia, on tbe 22d dar of Novemtier, A. I 1871. ai whlch were present delegates fror auxiliary socletiea lo twenty-two States. This pathetic appeal ls algned by tour of thi oldest siagers In the cause-Lucy Stone, fiery little snapdragon, who has more spit and less judgment than any of the rest; Juli Ward Howe, the Boston poetess, whose great est metrical success bas been a parody 01 "John Brown's Body," commencing "Min eyes have seen the glory of the coming of Un Lord;" Mary Grew, a buxom Pennsylvanian who might easily get Into better company and last, and decidedly least, Mr. Henry B Blackwell, the husband of Lucy Stone, who however, refuses to be called Mrs. Blackwell maintaining that lt ls as unreasonable for he to take the name ot Blackwell as lt would b< silly for him to take the name of Stone. Si Lucy Stone and Henry Blackwell, wile anc husband, go by their own baptismal names and she addresses conventions while he takei care of the babies-and this ls the state 0 subjection lo which Mrs. Lucy Stone advise; every other wile to reduce her b;gger half. The House at its session to-day transactecl nc business of any special interest except th? passage of Jervey's new election law, which, as has already been stated, provides for at immediate count of the vote, but makes nc provision for mixed beards ot managers and commissioners of elections. The House, however, held a night session tc deliberate upon the general appropriation bill, and had tb?- pleasure of listening to a long speech by Comptroller-General Neagle, the salient points of which have already been fully reported by telegraph. They were, that the Legislature had started wrong in not levying larger taxes in former years, so as to pay up the accounts of each year during the year; that he had advised them to do this, but they had heeded the voice of ihe tax? payers, and thus got themselves into a tight place at last, which served them right for not listening to him;' that the State officials not haviog enough money from taxation to pay the demands authorized by the Legislature, had been compelled to issue twentysyear bonds and put them on the market at ruinous dis? counts; that the debt of the State had thereby been run up lo an amount tbat nobody exact? ly knew, but which was certainly not less than 112.000,000, and might be far above that figure; that to pay the Interest on this ihe ex? travagant but authorized expenses of the cur? rent year, and the d?ficiences of former years, a State tax of fifteen mills on toe dollar was an absolutely necessity; that the easiest way was the best, and that nobody had any right to complain anyway. He then went into a calculation of the probable expenses of the State government lor the current year, as fol? lows : Ordinary civil expenses. $650,000 Interest for the current year. : 718,000 Legislative expenses. 400,000 Public and permanent printing. 300,000 Deficiency from last year. 400,000 Total.$2,468,000 This was on the basis of the treasurer's re? port estimating the debt at about $12,000.000, and was outside of the $900.000 of floating debt in New York, for which $3,773,000 of bonds were hypothecated, and which with ac? crued interest had doubtless amounted to $1,000,000 by this time, ir this were to be paid, lt would make $3,468,000 to be raised by taxes this year; but leaving this ont of sight, and taking the above statement as the proba? ble expenses for the year, a State lax of fifteen mills on the dollar would be necessary io pay them. Then he said he did not propose to .ad? vise the General Assembly as to their duty. He had simply come before them to give them such facts and figures as were in his posses? sion, and thanking them for the attention they bad paid to his remarks, he withdrew. Dr. Neagle was followed by Mr. Bowen, who made a pungent and pointed speech against the proposed lax levy, after which the House adjourned. The business in the General Assembly on Saturday was unimportant. In the Senate a long debate was had over Gardozo's proposal of a constitutional amendment to allow of cu? mulative voting, which was finally lost by the decisive vote of two to eighteen, Messrs. Car dozo and Hayes being the only senators who voted in favor of lt. The House passed the Senate bill to amend the quarantine law at Charleston, George? town and Hilton Head, and made some con? siderable Inroad In its tremendous calendar of unfinished business. PICKET. NEWS FROM WASHINGTON. The Treaty of Washington Question Bari Granville's Note and the Cabi? net-Reply of the Government. WASHINGTON, February 23. There was an extraordinary and a full ses? sion ot the Cabinet to-day on the official dis? patch Bent to this government by Earl Gran? ville, through the British minuter, on the subject ot the American case as submitted to the Geneva conference, and which was not received In full till this morning, thongh the tenor of lt had been previously communicated. This fact furnishes denial enough to the sensa? tional telegrams which were sent hence Inst night purporting to give not only the details of Granville's letter, but also of the reply of the secretary of State to the same!-though it may be added that the secretary has not writ? ten a line of his reply, and the Cabinet to-day did not decide precisely what the terms of it should be. The dispatch of Euri Granville is represented as being entirely friendly in spirit, and couched in a simple statement that her Majesty's government did not understand that consequential damages were covered by the treaty of Washington or were to be submitted to the Geneva conference. It makes no de? mand for a modification or withdrawal or any part of the case. The tenor of the dispatch cer? tainly does not Indicate that any belligerent feeling can possibly grow out of the correspon? dence. While the exact tenor of the reply, which will be made in the course of a week, ls not known, the impression ls general among the members of the administration that this government will state that it submitted a complete case to the conference, leav? ing no room lor future dispute to arise on any question covered by the treaty, and that it ls desirous that the arbitrators should decide, tim, whether these claims come within the definition of the treaty, and, If BO, to then decide whether they are allowable or not. If the arbitrators declare that the protocol and treaty show that lt was never intended to have the question of Indirect damages submitted, then that portion of the American case may be ruled out. In a word, lt ls understood that this government will take the position that everything shall be left to arbitration, and to abide by the decision, according to Its plighted faith. The text of the reply will probably be written out and submitted to the cabinet next Tuesday, and, ll approved, malled In lime for next Wednesday's steamer. The War In the Senate. The resumption of the debate in the Senate to-day, ostensibly on the sale ot arms to France, took the widest range of political dis? cussion, but nevertheless attracted another audience which filled the chamber again to overflowing. Messrs. Trumbull and Morton occupied the entire day. The Illinois senator reviewed Mr. Morton's party dictation, which he declared rose above honeBt legislation for the whole country, and then proceeded to en? dorse in de(uil the platform of the recent Missouri Liberal Convention. He rejoiced that the Democracy of Connecticut had accepted its platform, and hoped that the par ?! throughout the country would do the same, he senator's emphatic approval of this plat? form created no lillie sensation, as. lt Indicates without doubt Just where hp maybe found In the Presidential campaign. Mr. Trumbull was severe in his arraignment of Mr. Morton, and the latter was of course very bitter In 'tis reply. He declared that Mr. Trumbull I. .d this day stepped out from the ranks of the Re? publican party, but had stopped within easy returning distance, with his bick chaliced all over, "Barkis ls wlllln'." He accused him, as he Ind accused Mr. Schurz, ot remaining In the Republican party to betray and destroy lt, and he appealed to him to stand up now and say that he had abandoned that party, lt ls now thought that the debate, having assumed a positive political character, will last another week. The sale ot arms question was not even alluded to to-day. Latest New* and Gossip. WASHINGTON, February 24. Judge Davis accepts the workingmen'^ nomination for President. Garret Davis has recovered. The changes reported in the New Tork and New Orleans customhouses are unauthenti? cated and improbable. Colonel It ,In. collector of customs at Savan? nah, leaves homeward to-morrow. He hue assurances from prominent members of the cominlitees before which he appeared that his views regarding rice, salt and the improve? ment ot Georgi* rivers will have early and favorable consideration. It IB understood that Colonel Robb has an Important consulship at his disposal._ THE TREATY OF WASHINGTON. Mr. Charles Franois Adams Inter? viewed. The telegraph has mentioned the arrival of Mr. Charles FrancU Adams, American mem? ber of the Geneva Court of Arbitration, In New York, on the 21st Instant. He appears to have been promptly set upon by ihe inter? viewers. The Herald reporter makes him say: Mr. Adams. 8o far nothing has occurred which warrants my sayine that the treaty will be a failure. I left London when the greatest excitement prevailed. It was on the evenln^ when Mr. Gladstone made his hasly, inconsi(f eraie speech, which I readjust before my de? parture. But since then Mr. Gladstone has modified his language. lu his two following speeches he took back much of what he had said at first. Reporter. Is there any likelihood that the British Government will consent to pay the consequent damages in a lump sum outside of arbitration ? Mr. Adams. The real question Is not about paying damages, but about admitting the claim of consequential damages within the prov? ince ol the court of arbitration. Mr. Gladstone holds that such a claim is not recognized by the treaty, and has also declared hlmseif against the payment of consequential dam? ages in a lump sum. By the reporter for the World, Mr. Adams ia represented as explaining that the excitement in England was, after all, nothing more than a newspaper war, and I hat, though not pre? pared for the question of indirect damages, Eng ishmen of business with whom he hat talKed were walting to hear one sum named, pay lt, and have the whole amount sponged out. Mr. Ad-ims, says the reporter, statpd that he thought lt reasonable to refer our claims under the treaty to the Geneva court, which could, on the evidence, reject or ap? prove them, as Justice demanded. THE COTTON OUTLOOK. ENGLISH VIEWS OE CONSUMPTION AND THE COVRSE OF PRICES. Smith, Edwards S? Co.*4 Latest Circular. Under date of January 31, Messrs. Smith, Edwards & Co., of Liverpool, write: The Manchester market during the past month has responded lar more freely to the advance in cotton than conld have been ex? pected. At the end of December it was decidedly dull, but as soon as our market was fairly started lt Joined in the race, and quite as sanguine a tone sprang up there as here. Very heavy contracta were given out for yarn about the middle of ihe month, at prices equal to the advance In cotton, and since then the activity has been well sustained, and yarn generally has gained for the month as much as the raw material. Cloth bas followed much more slowly, still a considerable business has been done in lt as wei!, and no stocks of any magnitude have been allowed.to accumulate; but the pos li lon of manufacturers Is very bad. In the great Eastern department the margin now existing between cotton and cloth, and still more between yarn and cloth, ls simply ruinous. So long as prices keep advancing the pinch is not telt, as producers are selling ? cloth made out of material purchased at a cheaper price, but when a ?Tiing market oc? curs, and cloth made out of dear cotton has to be lorced off, lt is easy to see that disasters must follow. We believe that the present strength of 1 Manchester Is in a great degree delusive, the business doing ls highly speculative, and E based upon the opinion that a cotton famine ls In store for us, which will curtail produc? tion and so enable the present high-priced cloth to be moved off in foreign markets be- S fore the collapse occurs. We expect a dif? ferent feeling will prevail when lt ls found that no curtailment of production need be ex? pected, because there is cotton enough to ( keep every spindle In Europe running full time throughout the year, when It ls also re? alized that the contracts now entered Into cannot be fairly closed by the sale of the gooda abroad until the prospects of the next American crop are affecting the markets of * the world, we expect a great change from the 8 present buoyant tone of Manchester. The y home trade continues lo betts chief support; t lt ls still very active and sound, In conse- ? quence ol the prosperity ot the country, but ' ihe news from the East is anything but en- r couracing. A feeble response has taken place . in India and China to the great rise here, but I prices keep quite below our I*-vol, and large ' stocks exist In all the creal Eastern markets. \ The position ol floe Spinner? keeps very good, ? and, therefore, we consider Egyptian cotton : In a strong position. * Attention bas been specially called of late to V the great consumption of cotton, and the con tlnued large deliveries to the trade have given ? rise to very extreme ideas of the consuming ? capacity of the country. Certainly the buying i of the trade for the last two or three months i has been astonishingly large. For twelve week: 5 their takings from this port bare aver- I aged 78,000 balea per week. Of this business lt must be remembered that an unusually large proportion consists of small Brazil bales. Bay 16,000 bales per week; allowing for thar, how? ever, we believe that spinners have added to their stocks In that lime 150,000 bales, and as they they were well stocked before, they prob bly hold now as large a quantity of cotton aa they ever did in the history of the trade. Tue actual consumption at the present time f we would put at about 64,000 bales pur week, 1 equal lo bulk to 60,000] bales of the average ( weight of last rear. The consumption of tue Kingdom in 1871 was estimated at 60.000 bales ( per week, of 388 pounds weight. We put the 1 increase of machine power for the year over ] last at five per cent., and. were cotton equally . cheap we would expect a similar Increase of consumption, but it ls well known that 1 manv spinne? are raising their counts of yarn i considerably. Thia process always takes place ? when colton is dear, and bas amore Important effect than ls generally known in limiting con- 1 sumption. We do not believe that the actual < use of cotton will be greater this year than | last, If the present scale of prices continues. At periods' ot inflation like the present the rate , of consumption ls always exaggerated, and when the subsequent reaction comes, the trade holds off so long that opinion veers round In a j surprising manner. We believe that our spin- , nets hardly ever held a greater Etake in cot* ton than they do n?>w, for they own a large pro- ; portion of the amount afloat and on shipboard, ! and their views are correspondingly sanguine. Previous experience has oiten shown that this ls a dangerous basis for the market to rest upon, and conclusions as to consumption made at such a lime are often fallacious. An " agitation ls now going on among the opera? tives lo reduce the lime of labor lo fifty-four hours per week; at present they work rather under sixty. Should this succeed, it will ma? terially reduce consumption. Trie prospects ot our market at present are viewed by the public almost entirely through thc medium cf the American crop. Public opinion hai settled down general y to lower estimates than prevailed a month ago; we snouid Bay that three and a quarter millions ls now the favorite opinion on this side the At-, lantlc. In America'there ls still nearly as much difference as ever, estimates varying all the way from three to three and a half mil? lions; out we should thlok that the average iles about midway between these points. There ls nothing conclusive In the receipts up to the present time; they are large enough to be compatible with a crop of three and a half millions; bul it ls generally believed that a very rapid decline will now be witnessed, and as we wilt compare wllh seven weeks of 145,000 bales on the average, last year, lt is thought the deficiency will be so striking as to keep up a strong current of speculation and push prices higher. Most people expect 12d to be reached fur middling Orleans, and some look lor higher rates. Attention is fixed on the great decrease In the supply ot American CQiton, and the extreme reluctance of the trade to substitute East Indian; and it ls argued that even at present h'gh prices there will be little or no diminution in the use of American cotton. We do not agree in these opinions, and we think the present scale of prices dangerously high. We have no doubt that as the year ad? vances the consumption will turn more on the cheaper kinds of cotton, as lt has always done beloro nuder similar circumstances. The present margin between middling Orleans and fair Dholleruh is 3d per lb, In place of 2d which would be about the proportion of former years atjthls season, and if that Is not sufficient to force Surots into consumption the margin will widen further; but one thing is certain, viz, that all the cotton that comes to Europe will be worked up sooner or later, and ihe real question is what will be the aggregate supply ? Knowing well Hie uncertainly of all statisti? cal lorecasts, we yet venture to mbmlt the following estimate of supply to Great Britain for the year, simply as being a lair approxima? tion willi the light before us. Assuming the American crop at 3,250,000, wo would expect to receive 1,600.000 bales against 2.250,000 bales last year, and 1 664,000 In 1870. when (be total crop was 3,115,000. Against this it may be urged that the Americans will keep prices so much above us thai the crop will move slowly, but we have no doubt that the country will be thoroughly swept of colton before the next sca=o:i commences, and stocks will be reduced to the lowest ebb, for lhere is no reasonable expectation of opening next year at such high prices as rule now. - From India we expect some Increase, not on the ground of larger crops, but In consequence of the high prices, which will sweep the country as lt bas not been swept since 1869, and we wouid call special attention to the fact that the crop is arriving much earlier In Bombay than last year, and that there ls a great increase of steam tonnage in Indian waters. We expect nearly two-thirds of the crop will come by canal this year, and consequently we expect a far larger Import in the spring and Bummer than last vear. We. would put the import from all India at 1.400.000 bales, against 1,235, 000 bales last year, provided high prices are maintained till the summer. From Egypt we expect about tbe same, perhaps rather less, bm from Brazil a great increase. Very heavy ttocks urp reported at the Brazil ports, and the amount ufloat ls much larger than last year. We would put the Import of Brazil, Egyptian, and a? other sons at 1,000,000 bales, against 920,000 bales last year. So much for Riipply. Now for the outgoings. Let us first cocider the export. We believe this will provea weak point In our market. The Coniineut is In a very different position from last year. It waa then entirely empty of cotton, and an Immense void had to be filled up after the conclusion of peace In February. J Dari ap bte spring months we had a very heavy demand In lhls market, rising lor several weeks to 25,000 or 30,000 bales each. France ?rew largely from ns, being entirely ex? hausted. Now there are 249,000 bales afloat ?ind In stock at Havre, against 46,000 bales last Fear, and French spinners are heavily stocked ?esides; Indeed, lt ls thought that France Has already secured the bulk of all she requires for this year, the fear of duty being imposed aaving caused every one to stock in anticipa? ron. The rest of the Continent is only mode? rately supplied, but still much better than last rear, and, therefore, we conclude that our ? tal export cannot be put at more than 750.000 mles, If so much, againt 910,000 bales last rear and 658,000 bales in 1870. There remains the question of consumption. ?Ve have already said that we estimate it at ?4,000 bales, including a great proportion of 3razll, and we think this allowance sufficient or.lhe year, especially as the trade held a large lurplus on 1st January, which they would )robably part with .if next American crop >romlsed well. The deliveries to the trade vould then be 3,328,000 bales, against 3,214,000 lales last year, and 2,817,000 bales the prevl >us year. We tabulate these figures as follows: IMPOST. 1672. 1871. , 1870. tmerlcan.i,600,ooo 2,250,000 l.eei.ooo ??St Ind a.1,400,000 1,235,000 1,063,000 Irazl), Egyptian, Ac.....1,000,000 020,000 734,000 tdd stock Janu? ary 1, Liverpool and London... 727.00 ) 448,000 480,000 Total supply. 4,727,000 4,651,000 8,921,000 DBDUOT- -- > e 11 v e r les to trade. 62 weeks at 64,000.8.328,000 3.214,000 2,817,000 ?Xport. 750,000 910.000 654.000 Total.4 078,000 4,124,000 3.475,000 tock In Qr eat Britain, Decem? ber 31. 649,000 727,000 446,000 70 MW MOVEMENT FOR IRE WEEK. NEW YORK, February 25. The receipts at all of the ports lor the week rere 77,037 bales, against 88,966 last week, 6,263 the previous week, and 92,688 three reeks since. The total receipts since Bep ember have been 2,166,957 bales, against ,787,780 for the corresponding period of the irevious year, showing 8 decrease of 620,823 ales. The exports from all ot the ports lor he week were 81,055 balee, against 125,248 or the same week last year. The total ex ort8 for the expired portion o? the cotton ear amount to 1,236.803 bales, against 1,696, 83 for the same time last year.' The pres nt stock, as compared with that for the cor fonding period of the previous year,, ls as ollowe: Feb. 25.1872. Feb. 26, 1871. Lt all porta.549.641 693,218 it the Interior towns. 57,065 118,382 n Liverpool.668,000 764,000 Ltuertean cotton afloat for Great Britain.160,000 290,000 ndlan cotton anoat lor Europe.283,030 161,000 SELLING MEDICAL DIPLOMAS. "For tbat are we Doctors!" The Philadelphia papers of yesterday remove til uncertainty in regard to the allegations ong afloat ot the sale of diplomas by the two ;oncero8 called the ''Philadelphia University >f Medicine and Surgery," (Paine's) and the 'American University ol Philadelphia and Eclectic Medical College," (Buchanan's.) A :ommlltee of the Pennsylvania Legislature has leen investigating the subject, and at its last meeting in Philadelphia, the Ledger says, a sufficient nnmber of cases ot traffic In diplo? mas was brought to light to justify revocation if their charters, and not only to justify it, but Lo demand lt. The following are specimens: One of the witnesses, who either is or bas been a "professor" in one of them, admitted that he bad had blank diplomas of both Paine'; ind Buchanan's establishments In his posses? sion; was about to make the selling of diplo? mas a business before the passage of the late act of Assembly making lt a criminal offence; that he had never sold but one, but that he would have signed one of them "quicker than wink" if he could bave made money by lt. Buchanan, of the Pine street establishment, admitted that one of his degrees had been sent to Schuylkill County to a man who had not appeared for examination, said man hav? ing afterwards made a donation of twenty-five dollars. Another witness, one of these brooda of ''doctors," testified that he had bought s scholarship for Beventv-flve dollars lu the Philadelphia (Paine's) University; wrote nc medical thesis; passed no "regular" examina tien; but he got his diploma. Another testi? fied to his knowledge of a diploma bavins been issued by Paine for seventy dollars to I man who attended no course of study. Still another, "an herb doctor," a colored man, testified that he had never attended any course bf lectures, but had received through an -Dr. Bissell, from Dr. Bu cha?an, a diploma as "a mark of honor"-bul a political campaign was then going on, and one of the doctors was a candidate for the legislature. Ye*t another, also a colored man, bad been favored with a Paine diploma, which was hung up In bis o trice during his absence and yet another had received a Buchanan diploma after attending one course, but he had been practicing for twenty years before that. But the most extraordinary portions ol this testimony yet remain to be told. A "doc? tor," who described his business to be "study? ing and practicing medicine," mentioned among his quail fl cai lon s that he had beei "Janitor for Beven years" In a Baltimore med! cal school; he also had a diploma from a bota? nical college in the West Indies, and intender to get another from Buchanan, but that tnt latter charged too much. This, however does not equal tho evidence of James Mc Shane, who has been some sort of an atien dant in the dissecting room of both the "Phi ladelphla" and the "Eclectic." He says hi "worked" fur Dr. Paine, and "did some work' for the "Eclectlc:".he was no graduate, but li Paine's establishment he sometimes "ran th< dissecting room," aud "acted as teacher." H< had been offered diplomas to sell. TSE WEATHER THIS DAT. WASHINGTON, D. C., Februarv 25. The area of high barometer over the "uppei lakes will probably move east, and extent with clear weather on Monday throughout th? Atlantic States. A rising temperature, witt Increasing southerly winds, will prevail ot Sfonday from the upper lakes to the Gulf. Ac area ol low barometer, with attending windi circulating around lt, will pas3 eastward ovei Missouri, and threatening weather, possibly with snow, will prevail northward to Minne sota. Southerly winds, with partial clouds weather, will prevail on Monday from Texas to Alabama. Yesterday's Weather Reports of tin Signal Service, V. S. A.-4.47 P. AI. Local Time. ' Place or Observation. Ai?2untB, Ga.... Baltimore. tfustm. Charleston. Onicago. Gi nein natl. Galveston, Tex.. Key West, Fla.. Knoxville, Tenn Memphis, Tenn. NKW o ricana... New York. NT:;'... Philadelphia. Portland, Me.... Savannah . ir. umU. Washington. Wilmtngton.N.c. Ed 29.93 ?9.78 29.47 29.89 30.22 30.17 30.01 30.01 30. 12 30.04 3).04 29.6S 29. 29.70 29.46 29.91 30.10 29 7: 29 83 w NW NW NW N NW SE SW sw E SK SW iv NW W W W NW NW Gentle. Fre-li. Gentle. Fresh. Fresh. Light. Freih. Fresh. Brisk. UR ht. Fresh. Brisk. Frei. h. Brisk. Light. Uenile. Gentle. Brisk. FreRh. Clear. Cloudy, Thr'ng, Clear. Fair. Fair. Olear. ;iear. Clear. Fair. Clear. Cloudy. Fdr. Cloudy. Cloudy. Clear. Fair. Clear. Clear. NOTB.-The weather resort dated 7.47 0'CIUCK, this morning, will ne posted in the rooms of the Chamber or Commerce at 10 o'clock A M., and. together with the weather chart, may (by thc courtesy ol the Chamber? be examined by ship tu asters at any time during the day. GERMAXY ARMI?O WITH A VIEW COMING CHANGES IN FRANCE. The Legitimist Gathering at Ant werp Nsw YORK, February 24. A special from Berlin says that Germany arming- In view o? a probable change In tbe French Government. Prussia claims the to control the change, upon the whether the succeeding government, by dis? inclination or.inability, ahouid not execute the treaty and discharge the obligations to I Germany. Should Prussia decide either point I adversely to the apprehended change In the French Government, a reiavasion or French ( territory will follow. ANTWERP, February 24. The police last night were compelled to dis? perse the Legitimists, who thronged the streets with violent demonstrations. A dem? onstration of Monarchists, who bad gathered here, took place, and the streets were Ailed with peuple. There is great excitement. Or? ders have been issued forbidding groups on the streets. Disturbances are Imminent. The Count de Chambord ls still here. It ls re? ported that he baa received several French deputations. Resolutions were adopted at a meeting o? citizens forcibly opposing bis sojourn. The police arrangements prevent an outbreak. LEIPSIO, February 24. The municipality bas issned a proclamation against the International?. Artisans ot this city are forbidden to join or support the so? ciety. . . BREST, February 24. The Marie Fran?ais capsized in the harbor, by which twenty-two persons were drowned. LONDON-, February 24. Lord Mayor Gibbons bas been knighted. The Bishop of Jamaica, here for health, is dead. JOTTINGS .ABOUT THE STATE. -Mr. A. W. Kruse, of Anderson, died in the. Asylum at Columbia on the 18th instant. Consumption was the cause of his death. -Major Wm. H. Wbltner. of Anderson, fourth son ol the late Judge Whitner, died at Madison, Florida, on Friday week. -Mr. S. Goodwin, better known as Esquire Goodwin, a venerable citizen of Barnwell County, died on the 14th Instant, in his eighty seventh year. -Mr. James N. Taylor, who lives in the vi? cinity of Mush Creek, in Greenville County, was found in his mill, one morning last .week, frozen to death. -The State and county tax levied in Ander? son ls about nine dollars lor each taxpayer. Only $3133 of the taxes for the past year re? main uncollected. -The store of Mr Thomas DuBbar, located on the Upper Three Buns, in aiken County, was destroyed by fire on Thursday last, sup - Eosed to be the work ot an incendiary. Mr. unbar was absent at the time; but fortunately some ol bis neighbors were near at band, and succeeded in saving most of the stock on hand. -The fine residence and grounds at Kalmia, formerly the residence of wm. Gregg, Sr., are now offered for sale. This ls one ol the finest properties In tbe State, and affords a rare chance to some one who can appreciate a good bouse and beautiful prospect to secure a home at less than half what it would cost to place like improvements on an unimproved tract. -Hamlin Beattie, Esq., president of the Greenville National Bank, who has been ab? sent in Washington for the past two or three weeks, has returned. He has perfected full and complete arrangements for ihe operations of his bank, which will commence business in a few weeks. The bank will be opened in the old "Goodlett House," on Main street. -J. Bennett Cunningham, the son of Mr. Asa Cunningham, aged about 27 years, was lound lu a dying condition on tho 15th instant in the road near Greenville. The examina? tion of circumstances connected with his death led to the conclusion that be bad been thrown from bia horse, receiving such Injuries lrom the fall as to cause bis aeath in a short time thereafter. -The Lancaster Ledger says: "A letter has been received here from ex-Judge A. G. On derdonk, of Manhasset, N. Y.. proposing to as? sist the people of Lancaster County in building a railroad from this place to Monroe, N. C., a distance of twenty-one miles. Judge Oader donk represents a Northern company, of, large capital, and which company ls now, li we are not mistaken, building the Wilmington, Charlotte and Rutherford Railroad, which pas? ses Monroe. The propositions contained in the letter have been favorably considered by a number of our business men and a correspon? dence has been opened." THINGS IN VIRGINIA. RICHMOND, February 24. The legislature has passed a bill making coln only legal tender, and national bank notes recivable tor debts due the State. It is equally probable that the governor will veto the bill, and that the legislature will pass It over his veto. An apportionment is agreed upon which will give the State'seven Democratic and two Re? publican members of Congress. LEGALITY OP INVESTMENTS rx CONFEDERATE BONDS.-The decision of the Supreme Court of Appeals of Virginia In the case of Walker's executors vs. Page. Ac, maintains the legality of Investments In Confederate bonds made by ?dudarles during the late war. The case re? ferred to was an appeal from the Circuit Court ot Richmond. A bill was filed In that court to set aside a sale made by G. W. Randolph, in May, 1863, of the lands of Infants, attacking the decree as Illegal and void, and charging that the investments made of the proceeds in Confederate bonds not under an order pre? viously made, but sanctioned afterwards, were not legal Investments. The Circuit Court on this bill decreed that the sale was void, and toe investments bad. The Court ot Appeals reversed the decree of said Circuit Court, and decided "that the courts of this commonwealth bad tbe Authority to make Investments of- the funds under their control In Confederate bonds ls no longer an open question. It is definitely settled by legal enactment, by re-1 peated decisions of this court recognizing the validity of such decrees and investments, and by the Supreme Court of the United States." <?\$axB, Qobatto, S?t. QHABLESTON WHOLESALE AND RE-1 TAIL MANUFACTURING CIGAR A:,D TOBACCC HOUSE, No. 310 KINO STREET, THREE DOORS SOOTH OF | SOCIETY STRBST. MEERSCHAUM PIPES a specialty, therefore can sell at prices to surprise you. suitable for Christmas Presents. ALSO, An extensive and complete assortment of all artlclea in his line ef business is kept constantly on hand, giving a facility of niling, without de? lay, all orders extended to bim, accompanied with cash, or drart on responsible houses in the city. Purchasers are requested to examine his perfect Stock before trading elsewhere. WILLIAM SCHRODER, Proprietor of Bmperor William Cigar store, nov] 5 SPECIALTIES FOR GENTLEMEN. FISK, CLARE A FLAGG'S celebrated Special? ties are for sale by all .first class dealers in this city. True Pit Shirts. Patent Pantaloon Drawers. Bussian Braces. Laporte's Kid Gloves. New Styles of Neck Bress. N. B.-Five novelties Just out. Dover doth Shirts and Shirtings, Samson Braces, Patent Pan? taloon Drawers, (red stamp,) Laporte's Cable Kid Gloves, and the Regent street Scarf. FISK, CL IRK A FLAGG, Jan22-mwnmo Ho. m Broadway, New York. annexai un onus. ?&TEE RELATIVES, FBIENDS AND acquaintances of Mr. and Mn. EDWARD 0. STAN, are respect:ally invited to attend the Fa. neral of the latter, from her late residence, No. 27 Mazyck street? at 3 o'clock THIS ATXSKNOOH. febze-* WHITHER.-Died, at Madison, Florida, on Fri? lay, the isth instant, of pneamoDla, altera brief illness. WILLIAM HENRY WHITNKK, a son of tb? ate Judge i. N. Whither, In the seth year of ' his iga, ' .' '" '? - ' How is the strong stair broken, " And the beautiful rodi a ?. -n WALTER.-Died at Hoboken, N. J., February 17,1872, of pneumonia, WM. DOV/I WALTSB, for nerty of Charleston, & 0." gpetioi Notices. CH?BL^TONr?5ir??.BY 26TH, L662.-We have THIS DAY appointed Mr.-T. W. j E. WIS. Jr., to sign by precaution for our firm. feb2fl-mwf8_PO BOBBE AHENRY. - pf CONSIGNEES PER STEAMSHIP iOUTH CAROLINA; from New York, ara-hereby loUHed that she will discharge cargo THIS DA Y isth Instant, at Pier No. 2, union Wharves*.. Goods ir called for at sunset will remain on the wharf it owner's risk and expense, . ? .\"" I'ebaa-i_WM. A, COURTENAY, Agent ? ^NOTICE.-E. B. STODDARD JHAV; 1NQ dissolved the late Partnership of E. B. STODDARD ? CO., and assumed, without my coa - tent, the sole control of the Stock and Assets of ?he Arm, I therefore notify all persons and-cor ?orations not to pay ont any of the Partnership ands, or to pay any notes or accounts due the laid Copartnership, or tb purchase and pay for my of the merchandise of the said Copartnership, sxcept upon the joint cheek or receipt of both the ate Partners. O. FB??EB ERG ER, February 28th. 1872. . feoga ?Sf" THE j CHARLESTON CHARITA BLE ASSOCIATION, FOB THE BENEFIT OF T??B ?REE SCHOOL FUND.-OFFICAL BAFFLED NUMBERS. : !)7R" CLASS Na 867-MOBNTNfl. r8_S0_14-70-16-68-28-23-66 CLASS No. 368-EVENING. ?2-24-29-67?-?- 3-61-14-2'6-^63-86rW AS witness oar band at charleston this 2??a day ol February, 1872. FENN PEQK, . J AMES G1LLJL AND, , octa _ aw?rn Oommiesioneri. ?B- FRESH VACCINE. HATTER, ; TAKEN FROM THE ABM,j, " FOB SALI AT B ? EN H AM'S DRUG STOEE, No. 421 KING STREET, : V febi2-imo CHAELESTOH, S.;c. ~ 09* ON M AR ? 1:A G-E--m^.~ Happy relier for Yoong Men from tho effects of Errors and Abases in early- ure. Manhood re? stored. Nervous debility eared, imped? menu to Marriage removed. ' New method of .treat* ment. New and remarkable remedies. Books and Circulars sent free, in sealed envelop?!. Ad? dress HOWARD ASSOCIATION, Na 2 South Ninth street. Philadelphia. Pa? _octlB Municipal Notieee. -, .fm* AT A REGULAR MEETING OF the Beard of Commissioners of the Almshouse, held on the 6th Instant, the following .Preamble and Resolution were unanimously adopted and ordered to be published : Whereas, The City Council having materially reduced the appropriation for the support of tho Almshouse for. the ensuing year, the Board of Commissioners, in order to make the appropria? tion meet the requirements of the helpless poor of the city SB far as possible, feel themselves com pelted, in the discharge of their public duty, t req ni re a more rigid inspection of the condition of those obtaining unt-door relelf; therefore, be lt Resolved, That from and arter the first.day of March, ensuing, all out-door reieif will be dis? continued, except to such as may present new appllca ions, said applications to be recommend' . ed by two Immediate neighbors ol respectability, who shall certify to the worthiness of the appli? cant as well as to bis or ber incapacity to earn a livelihood, in case the applicant shall be Inca? pacitated from earn ng a livelihood, either by disease or permanent disability, the certificate of a physician, In geed standing, will be required. All applications for relief will also be required to be attested by an Alderman of the Ward in which the applicant resides. Blanks will be inrnlahed by the Master on application to him at the Alms? house. 0. B. SIG WALD, Secretary and Treasurer. Charleston, Feb. 7. 1872. feb9>4fmw4i>6 Sextihicxs. gOLUBLB PACIFIC GUANO, On Upland Cotton, by ono of the most experi? enced and reliable Planters in Orangebarg Dis? trict, letter on file In my office: . 20 acre) without Guano, 10 bales, 400 poonda each, 20 acres with one Ton SOLUBLE PACIFIC GUANO, 16 bales, 4 ;0 pounds each, or an Increase of 2400 pounds cotton on the 20 acres manured with Soluble Pacific Guano, which, at the average price of 21 cents, shows a profit of $524 for $66 laid out J. N. ROBSON, . Nos. 68 East Bay and 1 and 2 Atlantic Wharf.' feb21-PA06 .*_: '? -pACIFIO GUANO COMPANY'S . COMPOUND ACID PHOSPHATE OF LIME, FOR COMPOSTING WITH COTTON l?ED. I PRIOE-$26 CASH, WITH USUAL ADVANCE FOB TIME. This article ls prepared under the superintend, once of Dr. ST. JULIAN RAVENEL, expressly ror Composting with Cotton Seed. .. . 1 ~ lt was Introduced bv this cop-a uy? years I ago, and lt? use bas fully attested its value, aw to 240 pounds or tbts article per acre, properly composted with the same weight of cottonseed rurnishes the planter win a Fertiliser or the high' est excellence at the smallest cost. A Compost prepared whh this article, as by printed direo Uons rornlahed, Contains All tho elements or fer? ait? that can enter into a First Cats Fertilizer, while its economy must commend its liberal Use to planters. For supplies and printed directions, for Composting, apply to J. N. HOBSON, Agent Pacific Guano Company, Noe. 63 East Bay and 1 and 2 Atlantic Wharf, Charleston, S.O. <. JNO. S. REESE A CO., General Agents. nov27-8moanac_ ? > : ?? ' . - g 0 L ? B L E PACI Fl CJD U ANO. PRICE, $46 CASH. WITH USUAL ADVANCE FOR TIME. Experience In the use or this GUANO for the past six years in this State, lor Cotton and Corn, na? so rar established its character for excellence as to render comment unnecessary. In accordance with the established policy of the Company to furnish the best Concentrated Ferti? lizer at the lowest cost to consumers, this Guano fa pnt into market this season at the above re? duced price, which the Company ls enabled to do by reason 01 Ita large facilities ana the reduced / cost of manufacture. / The supplies put Into market this season are, as / heretofore, prepared under the personal saperiny J tendence of Dr. St. Julian Ravenel, Chemist r i the Company, at Charleston. S. C., hence planters J may rest assured that its quality and c > m posit la ts precisely the same aa that heretofore sold. At the present low price, every acre pla can be fertilized with 200 pounds Guano at al not exceeding the present value of 80 pound cotton, while experience has shown tuat ail favorable condition of season and cultivation,': crop ls increased by the application from twa three-fold the natural capacity or the soil, he under no ctndltlou could ita application f all compensate for the outlay. \ Apply to J. N. ROBSON, t Agent Pacific Guano company, Nos. 68 East Bay and 1 and 2 Atlantic Wharf, Charleston, 8.0. JOHN S. REESE A CO., General Agents, nov27-3moaD*c