Historical Newspapers of South Carolina

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? zy' mt VCLUME IX.-NUMBER 1967 CHARLESTON WEDNESDAY MORNING, MAY 1, 1872. EIGHT DOLLARS A YEAR. THE LIBERAL CAMPAIGN. A MODERN CINCrSNA TVS. Greeley at Chappaqua-Grand Social Gathering on the Farm, CHAPPAQUA, N. Y., July 13. The assemblage of the Democratic commit? tee and others on tbe farm of HOD. Horace Greeley to-day was merely a Boclal gathering or picnic. Greeley conducted the varions delegates over his farm in the forenoon and described all its peculiarities. A bountiful dinner was served at one o'clock, after which Greeley addressed the meeting, consisting o? abent ave hundred people. He said it was a social gathering, having no other pur? pose tban congregating lor pleasnre. There were friends from home, from far and near, and he wished they would frequently visit him at his farm. The speaker then described his sojourn at Chappa? qua for the last twenty years, and said that in spite ol what the public at large might think of hut farming capabilities, he could Inform them that he had lost nothing, it was true he spent some money; BO had he lent some, and tho latter had gone "where the woodbine twine th;" whereas, the money he spent on bjs farm waa to some good. At all events, he knew where lt was. His present property was bought at the request of his wife, and he meant to live and die on lt. Ex-Senator Grier, Judge Reagan, of Texas, and other gentle? men also made speeches, prophesying the election of Greeley. The Liberals Organizing. NEW YORK, July 13. The National Liberal Republican committee met yesterday and elected Ethan Allen per? manent chairman, whereupon he delivered an address. The following executive commitee was appointed by the chair: Charles G. Davis, ot Massachusetts; J. P. Ladd, ot Ohio; S. A. Pearce, of South Carolina; 8. G. Burbridge, of Kentucky ; H. C. Warmonth, of Louisiana; M. C. C. Church, of West Virginia; George W. Anderson, of Missouri, and James M. Scoville, of New Jersey. Ethan Allen was made chair? man of tue executive committee; D. R. God love, of North Carolina, and Jasper W. John? son, of Oregon, secretaries. Resolutions were passed recommending the union of the Liberal Republicans with the Democrats In selecting candidates for State and congressional offices. Carl Schurz and Gratz Brown were present. The committee visit Chappaqua to-day. THE CAMPAIGN IN THE CAPITAL. Position or Senators Schurz, Stockton and Sumner-Grant and Wilson In Georgia-North Carolina th? First Battle-Ground - Pennuy 1 van lu, &c. The Washington correspondent of the Balti? more Sun writes on Friday last: A convocation of the leading delegates to the Baltimore Convention and Senator Schurz occurred here to-day, at which the latter gave his enthusiastic adhesion to Greeley and Brown and announced his intention of entering at once upon the campaign. He left to-night for St. Louis via New Vork and will make his first speech in the former city. Alter that be will make a tour in the South and will speak in the pending campaign in North Carolina. Later m the summer he will speak In Pennsylvania and New York. Senator Stockton, of New Jersey, who op? posed to the last the nomination of Greeley at Baltimore, to-day yielded his opposition and to-night left for North Carolina to speak at a great conservative mass meeting to be held to-morrow at Weldon, in that State. Senator Sumner, In conversation to-day, fully erdorsed Greeley and Brown and Indicated that poaslbly he might, contrary to his established custom, enter the campaign and make speeches. Senator Cameron, who was in this city yes? terday, declared that lt would take a great deal of hard work and considerable money to carry Pennsylvania for Grant. It appears that the administration party is thoroughly alarm? ed over the situation in that State, and greatly fear that li some change ls not made Tn the ticket, or more active work commenced, that Buckalow will be elected Governor in Octo? ber by a very positive majority. Cameron says that while the Republicans are divided, the Democrats are not only solidly united, but enthusiastic over the strongest State ticket ever presented from that party in Pennsylva? nia. It is Bald that measures have been inau? gurated to reconcile the disaffection among the Republicans, the result of which remains to be seen. North Carolina ls .to be the first battle? ground in the Presidential campaign. The election takes place In that State three weeks from Thursday next, ils has been stated, the administration is sending speakers and money Into the State, and intends to leave nothing undone to carry the day. The opposition are sending speakers there every day, and, accord? ing to present advices, will have the most bril? liant and largest array in the State. The Dem? ocratic majority In the last State election In North Carolina was 4221, cast in 1870, but in 1871 there was over nine thousand majority against a State Convention, called by the Democrats, on which the Republicans are boasting that they can carry the State. District Attorney Farrow, of Georgia, ls in the city, ostensibly on business with the attor? ney-general's office, but really, lt ls supposed, to see what can be done to aid the cause or Grant and Wilson in his Stace. He ls iree to admit that the result in Georgia ls very doubt? ful, and he consequently requires all tbe aid that the administration can give him. There has been snch success In drawing money from the treasury for election purposes in North Carolina that the Georgia Republicans would like to have the experiment repeated for their State. WASHINGTON, July 14. The Democratic and Republican committees were again In Joint conference yesterday, per? fecting their arrangements for circulating documents and providing speakers for tba campaign. Secretary Boutweli, who will leave Wash? ington to-morrow morning for North Carolina, has already prepared the speeches which he intends to deliver in that State. SUMNER FOR GREBLET. 8T. Louis, July 14. Ifee St. Louis Times to-morrow will publish the following letter from Charles Sumner, ad? dressed to L. M. Raves, of this city: "I think, on reflection, you will not think lt advisable for me to write a public letter on a matter to which you call attention. Greeley and myself have been fellow-laborers in manv things. We were born In the same year. I honor him very much. Between him and another person, who ehall be nameless, I am for him earnestly." THE POLITICAL NOTABLES. LONG BRANCH, July 13. Senator Wilson left this A. M. for North Carolina. He will speak in the principal cities and towns ot that State during the pres? ent campaign. Senator Morton started to-day for his home in Indiana. President Grant leaves for Washington Monday evening, to attend to official business. A large crowd as? sembled at one of the hotels this evening ex? pecting to see Horace Greley, but were dis? appointed, Greeley having postponed his visit until next week. O'CONNOR'S SPEECH. What the New York Papers Say of lt. The New York papers speak highly of the speech of the Hon. M. P. O'Connor. The World says:. Mr. O'Connor made a flaming speech, full of ?al Irish eloquence, In favor ot the Cincinnati platform and nominees. He presented the Southern view of the qaestlon on all sides so glowingly that the convention yelled again. The desperate condition of the South, her suf? ferings under the present administration, ber despair of any hope or aid save through the present coalition-this WOB the theme elabo? rated by Mr. O'Connor. His speech was a spicy preparation lor the vote on the platform. The Tribune says : Mr. O'Connor, having straightened out every point on which opposition bad arisen, closed with a most pathetic appeal to the convention not to stop at mere words, but to lay aside unimportant differences of opinion and come to the rescue of the down-trodden and afflicted South. Strong and earnest as Senator Bayard was, had there been any considerable division in the convention, lt would have disappeared after this remarkably eloquent and effective reply The Herald says: A South Carolina Irishman, by.the name ot O'Connor, was at once recognized by Doolittle, and he came forward and took the stand for abont twenty minutes, and made a speech such as lew members of the Cincinnati Con? vention would have had the pluck to do. He said, relative to the blacks In the State from which be came, that nobody was anxious to take their hard-earned and hard-won ballot from them, and, at these sentences, to the sur? prise of the whole convention, the galleries rose up and gave one of the loudest yells yet raised In the Presidential nomination. O'Con? nor ls a stout, prompt and florid debater, lull of action, and he made one of the great successes of the day. And the Times (Grant's Own) makes this spiteful flieg: O'Connor, of Sooth Carolina, made a stirring appeal for the surrender, In which be managed to show that the Democracy haa been totally wrong on every political Issue for the last twenty years. CRACKS FROM GREELEY RIFLES. -Ex-Senator Doolittle ls gone lo attend a Democratic meeting at Baleigb. -Every Democratic Journal on the Pacific coast has accepted the Baltimore ticket. -The executive committee or the Labor Reformers In San Francisco have declared for Greeley and Brown. -The Democrats and Liberal Republicans ol Knoxville will ratify the nominations of Gree? ley and Brown this evening. -The Brooklyn Times, a Republican organ, in the eastern district ol that city, supports Greeley. -Senator Schurz ls to speak af several polDts In North Carolina before the first of August. -There ls talk In New York of making San? ford E. Church the coalition candldaie for Governor. The Sun hoists his name, and Greeley ls said to favor him over Kt man. -Mr. Greeley took breakfast with Arch? bishop McCloskey, of New York, and thirty others, Thursday morning. No speeches were made, the meeting belog wholly informal. -The Greeley nomination occupied the gossip of the New York clubs and crowds throughout the city Wednesday night. Gree? ley was repeatedly cheered when recognized at the Garde R?publicaine Band concert at the rink. -Senator Bayard, of Delaware, 'siled for Europe on Saturday. He has addressed a let? ter to his constituents advising them to sup- <, port tho Baltimore nominees, and giving his reasons therefor and in explanation of the op? posite course he took in the Baltimore Con? vention. -Saunders, the colored Grant elector who resigned In Maryland and joined the Greeley ticket, and White, a colored lawyer, and Dr. Augusta, another colored man, < l Washington City, are about to go to North Carolina to ad? dress the colored people In favor of Greeley and Brown. -Atter the adjournment of the convention a , movement was set on foot In Baltimore fora , reunion of soldiers. North and South, In New . York during September. The call ls tn have | the names of Generals Thomas L. Cllneman, , J. B. Gordon, FItzbugh Lee, Bradley T. John- , son and J. B. Imboden. ? THE BOND SCRIP CASES. I The Scrip Declared Illegal and the Blue ( Ridge Bonds I n val lil. t The Columbia Union gives the following particulars of the second day's proceedings in ' the revenue bond scrip cases, In addition to i those already printed In THE NEWS:- < "In the case ot Gary vs. Parker et al, yeater- , day, at the opening of the court, Mr. Melton, i of counsel for the defendants, rose and stated 1 that defendants' counsel declined to enter ; further into the argument. Mr. Corbin then i asked whether the court wanted to hear i further irom the plaintiff. Judge Willard re- j piled that the main question was whether thia , scrip waB of the nature of bills of credit. He i had examined Craig vs. the State ol Missouri- < the decision upon which both sides seemed to ] rely-and his impression was that the majority \ ot the court sustained the point thal any obil- I gallon designed to be used as currency would ' be a bill of credit within the meaning of the ? Constitution of the United Stales. In this l case, there has been an attempt to make this ? scrip a legal tender to some extent, which ? makes the point still stronger. Ii his conclu- 1 Blons were erroneous, it rested with the de- ' fence to show them so. Il they did not wish to make the attempt, there was hardly any use \ for further argument. It seemed to bim that 1 lhere was little for him to do except to follow ' the decision of the Supreme Court of the i United States. Mr. Corbin read a short argu- i ment, with the design of fnrther elucidating 1 the point that the scrip are bills of credit, and j also to show that there are no bonds of the < Blue Ridge Railroad Company lawfully Issued I by the company and guaranteed by the State, ' and that, therefore, no scrip eau be lawfully ; Issued to redeem said bonds. The act of 1872 is also hull and void, because it is In violation ol several articles ot the State constitution." ' ' CHOLERA IN NEW YORK. NEW YORK, July 13. ' A death from Asiatic cholera ls reported to have occurred ou Wednesday. A PLUM FOR AN EX-REBEL. WASHINGTON, July 13. The treasury yesterday paid to Colonel John T. Pickett, formerly of the Confederate army, $76,000 for data from the Contederate archives against claimants before the Southern claims commission. This sum was paid by special order of Secretary Bout well, upon the recom? mendation of Messrs. Aldis and Ferris. GENERAL SHERMAN SNUBBED. NEW YORK, July 13. A Berlin correspondent writes ihat General Sherman expressed himself disgusted, not only with his reception there but with German manners generally. At the union at Minister Bancroft's, at which Von Moltke was present, the two generals scarcely did more than ex? change salutations. Sherman's meeting with Prince Frederick Charles passed off In about the same way. At Potsdam Sherman was re? fused admittance to the Park oecause the Em? peror was entertaining some Imperial guests. .??? - i ? SPARKS FROM THE WIRES. . -A Cuban letter charges General Ryan with arrant cowardice during the expedition of the Fannie. -In New York, on Saturday lust, a gang of strikers killed a carpenter while at work. No arrests. -Grunt and Wilson were hobnobbing at Long Branch on Saturday. Wilson goes to North Carolina to stump the State. -The San Francisco and Colorado Rullroad Company, to connect with the Texas Pacific Railroad, bas been organized. -There were eight hundred and tilty-flve deaths In Philadelphia last week, Including four hundred and ninety-seven irom small? pox. DeathB of the corresponding week last year four hundred and forty-six. THE PRESS ON THEUNTASS GREELEY AGAINST GRANT. What the Leading Newspapers Say of the Action of the Baltimore Conven, tlon. The leading Journals throughout the coun? try not absolutely committed .to the Republi? can party are almost unanimous in approving the renomination by the National Democratic Convention of the Greeley and Brown ticket, originally nominated by the Liberal Republi? can Convention at Cincinnati In May last. Popular sentiment finds Its great expression in the heartiness with which the various expo? nents of the masses greet the action ot the Baltimore Convention. We give below ex? tracts, pro and con, from the leading Journals of the country : [From the New York Tribune.] The Presidential campaign ls thus opened under auspices of higher hope and encourage? ment than seemed possible even to the most sanguine of the reformers who embarked in it two months ago. We are surrounded by omens of victory. Baoh day of the canvass has been marked by unexpected and substantial additions to a movement in which principle was from the first held more Important than success. But the work of yesterday was BO complete and ao perfect, lt Indicated BO plainly that not only the organization, but the full popular strength and enthusiasm of the entire Democratic party is thoroughly enlisted In the Reform movement, that it is difficult to see how any further doubt can rest upon the Issue of the campaign. While this prospect cannot but be regarded with intense gratification by those who initiated this effort for reform as Insuring the election of Its distinguished and Irreproachable candidates, lt ls not for this cause alone that all good men should congrat? ulate ea:h other npon the work at Baltimore. The election ot Greeley and Brown will be an event of lasting and beneficial Influence upon the country. But we earnestly believe that this end ls not greater or more beneficent than the means which will accomplish lt. Already the year Is made memorable. Already iho campaign IB a victory. The Democratic party has gained a triumph over Itself which ls worth more than any material advantage which can ever be reaped at the polls. The blind guides of the past have been cast aside. The honest and Incorruptible masses of that (treat histori? cal party have taken Into their own hands the work of their own rehabilitation. With no leas magnanimity than sagacity, they have burst away from the thraldom of old traditions and wornout prejudices, and, while sacrificing no essential principles, they have planted themselves upon a platform of liberty and re? form wide enough to embrace all honest and patriotic men, and progressive enough to secure the future. No broader or aimpler creed was ever promulgated. Liberty, honesty and peace, against centralization, corruption and perpetual war. To fall with such a cause would be glory and gain. To succeed with lt will be the greatest political victory ever achieved for the cause of good government, and the greatest moral victory ever gained for the canse o? peace and good-wltt among men. [From the New York Herald.] We regard lt as fortunate for the country that the present election Is thus to be fought out upon the single question of the endorse? ment or condemnation ot the existing admin? istration, because whatever maybe the result, H ls likely to lead to desirable reforms. The American people are essentially revolutionary, and a large number ot persons may always be found In lavor ol a change for the Bake of change alone. Our citizens could not Ure under a permaneut centralized government such as many affect to believe Is contemplated By Grant and his adherents, or under a mon? archy, however limited In power and however strongly guarded by constitutional guarantees. Their quadrennial election* are the Bolety ca: ve ot their democracy. This restless Amer? ican spirit bas' grown weary of seeing the Southern StateB still held In the Iron grip jf their sins of rebellion, and ol hearing :>f the suspension of the habeas corpus, the imposition of proscriptive teat oaths, the en? forcement of military despotism and the establishment of a negro balance of power as t check upon white men all over the South. Bight years have pas|ed since the close ot Hie war, and there ls no evidence, except that concocted for political effect, that f'e bulk of the people of the rebellious Slates a- . not con? tented to accept Its lessons and res'- s and to re-establish their prosperity peaceiully and loyally, as good citizens, ll permitted to do so. at tnis very Ballimore Convention, we find Ibe Hottest rebels of the. South nominating as their presidential candidate the fiercest abolitionist jt the North. They are willing to support, and. If possible, to elect, such a candidate, In the lope that a change In the administration may obliterate the last traces of the pains and pen lilies of their treason. The men of the Non h sympathize with ihem and desire the success of the Liberal Republican and Democratic candidate lor the same rea? son. The ihought will probably occur o General Grant and his friends, how? ever, lhat lt may be hazardous to iwalt the result of the election be? fore commencing the practical work of re orto. They must now understand the danger lhat threatens them, and can no longer close ihelr oyes to the iact that a dlstallsfied feeling is abroad all over the whole country. As an ndependent Journal, caring nothing for par? ties, politicians or presidents, the Herald has Tanklv told General Grant on former occa? sions, and tells him now again, that he la sur? rounded, far and wide, by parasites, who are jellttling and breaking down his administra? tion, and that he has about bim advisers Inca? pable of statesmanlike policy. The nation was humiliated by our blundering, weak and jn-American course In ibe Alabama negotla Lions from first to last, and our whole loreign policy has been disgraceful lo a great, power? ful ned earnest nation. The cliques, all influ? ential at Washington, must be broken into fragments and driven Irom the capital. The men who hold office in the Southern Slates ind keep up a continual state of excitement hy their acts, mutt be turned adrift. [From the New York Journal of Commerce.) It will be a most remarkable campaign. In the following of Greeley the great Democratic party must overlook bis great defects and his lite-long hostility to them and their principles, and give bin their support to rescue the coun? try from what they coosider to be the greater evil ot the present misrule. In the following of General Grant there will be no enthusiasm, for the great body of his supporters confess that he has not won any desirable reputation In the civil service. For ourselves, we may Bay frankly that we cannot exult In the tri? umph of either Bide. We believe that out of the present most uncertain and perplexing element?-, there will arise hereat ter a union of pood mea ot all parties in support of the right. This great lesson has been taught alike by the failure of the present administration and the neglect of a golden opportunity by the as? sumed leaders of ibe other Bide. It ls too late to recover ourselves In the present strife, but, whichever may win, we believe that none of those now at the front will be trusted again, or lead the people to victory in any future contest. [From the New York World.] The Democrats who dislike the nomination of Greeley hold the balance of power. On them lt depends whether Grant or Greeley Bhall be the next President. It Mr. Greeley's friends should be so foolish as to Impugn their moilves instead of attempting io- convince their judgment, the campalgu is lost. Ills essential to the success ot the canvass tln.t their views should be respected and their prejudices humored; that due allowance should be made for their instinctive opposition to so ?trance a candidate, and that Instead of driving them away by furious aspersions of their motives, they should be courted and con? ciliated by conceding their patriotism and courteously persuading them that a Demo? cratic triumph nuder Mr. Greeley would be altogether better than anything lhat could come ?rom the re-election of Grant. Now that Mr. Greeley has received the regular Democratic nomination, everything depends upon his receiving a full Democratic vote, a result which cannot be accomplished by abuse and Imputation of improper motives, but only by kind and courteous appeals to the good sense and magnanimity ol hesitating Demo? crats. [From the New York Evening Post ] The work of the campaign now begins, and very warm work lt will be. It ls unnecessary lor us to repeat what we have so often said already, that o? the two candidates now before the country we prefer General Grant. But the administration party had better under? stand that a choice between evils ls not the choice they ought to present to the country. We have dozens of able and patriotic men all over the country assuring the people that in their Judgment Greeley ls worse than Grant, while dozens of other able and patriotic men are engaged in assuring the people that Grant is worse than Gree? ley. There is no real principle Involved In the canvass, for both parties vow and proteBt that they are in favor of civil service reform, of amnesty, ot revenue reform and of decen? tralization. The only matter about which there ls any real dispute Is: Which candidate can yon trust to carry out these reform s ? And so we get back to the relative merits of the characters of the two men. It was clearly the policy of the administration, immediately on the nomination at Cincinnati, to take meas? ures looking to a genuine adoption .of the re? forms indicated lathe platform adopted there. The passage of the amnesty bill wai a measure of this kind, and so far as lt went was very good. But wbat has been done since ? Not a thing. Now we assure the administration that this ls not the way to stimulate enthusi? asm for General Grant. On the contrary, lt is the way to elect Mr. Greeley. [From the New YorkTimea.] No one can now vote for Greeley under the delusion that In this way. Bepnbllcan princi? ples are tn be advanced. He cannot expect the support of any considerable nnmber of bis fellow-citizens who do not approve the pur? poses and sympathize wita the sphifotthe Democratic party. There ls not a single Dem? ocratic tendency to which Greeley, In bis present attitude, opposes the slightest resis? tance. There ls not a single element of Dem? ocracy against which Greeley, in his present position, dares offer the faintest objection. He stands before the country with his Hps sealed to any utterance of warning concero lng the grave acd numerous evils he has just? ly taught the country for years past to expect from the supremacy ol the Democratic party. . [From the Philadelphia inquirer.] Mr. Greeley's nomination was originally made in consequence of the South having de? manded lt. Tne people of that section be? lieved In bim as b no other Northern man, and they gave bim irom the first their unwav? ering support. During lhe rebellion they bad no more inveterate enemy than Horace Gree? ley; but when peace had oeen conquered and its rewards realized, Mr. Greeley was foremost among the men of the North to demand tbat the government should put into execution a policy of conciliation and good-will toward tbe enemy li had subdued. They recognized the service he had done them, and In the only way known to them they sought to express their gratitude. But lt was nottne South alone that shouted itself hoarse and threw up its hat tor Mr. Greeley at Cincinnati. The West, where the. Tribune's editor has an Immeasurable popularity, was also heartily in favor <>f his nomination, and, as a result of this combina? tion between the South and West. Charles Francis Adamp, who was the choice of the Liberal Republicans of the North and East, was defeated. [Prom the St. Louts Republican ] The Baltimore Convention, In formally re? nominating Greeley and Brown, and readopt? ing the Cincinnati platform, departs slightly from the strict Missouri policy, but the policy which has received so many endorsements of its substantial points, and achieved BO many successes, can well afford to acquiesce In this trifling departure from its strict letter. Tbe Democracy will give the ticket tbe full benefit ol three million of undivided popular votes, and tlie electoral vote of the fourteen admit? tedly Democratic States, and lt tbe Liberals shall, with the aid of the Democracy, do more than effect a change of five per cent, in the popular vote of a few other Slates, already hall estranged irom tbe administration, the campaign will end In triumph. [From the Boston Herald.] The political revolution is complete. The Democrats have recognized the fact that old issues are settled, and that the party organi? zation, so long adhered io, and about whlob cluster so many associations, ls an empty form when the questions upon which it was formed are settled. The Liberal Republicans have recognized the same fact, and gladly Join hands with those they formerly opposed to carry out ideas ol political reform which they hold In communion. Every parly must have some good and vital principles, or ii can never get Into power. Tho Democratic party was start? ed as lue parly of equal rights-a pcotest against aristocracy and monopoly. Il was late in Its career thal it became the advocate or the constitutional apologist of .slavery. That was the only issue ever made between ic and the Republican parly, and that ls settled. The Republican party was started as the party of freedom, as a protest against slavery. Thal issue has been settled, and the party only lives to-day a supporter of monopolies and a divider of plunder. Tbe nomination of Horace Greeley, Ute life-long Apostle of freedom and eoual rights, by the Democratic party ls the acceptance by tbat party, North and South, of all the results of the war. Ills a revolution, but lt ls a peaceful and beneficent one. Ii ls one ot those movements by which the people ofa Republican country preserve tho equili? brium of their government and their own liberties. We welcome the promised change, and no man ls better fitted to be the represen? tative of Buch a movement than he who has all his life been the advocate of freedom, equal rights and a government of laws. Hurrah for Horace Greeley ! SPIRIT OP TBE STATE PRESS. This ls Peace, Indeed. [From the Beanrort Republican, Radical.] On Wendesday last a strange spectacle waa presented In Ballimore. A Democratic con? vention enthusiastically adopted a Republican plalform, and almost unanimously nominated two lite-long Republicans for President and Vice-President. Thus are all the issues of fifty years of partisan strife, four years of war, and seven years ot reconstruction, burled and forgotten. This ls peace, Indeed. Whether the ticket ls Buccesstul at tbe polls or not, the bridge ls made, and a great party passes over into new domains of thought and action. Do Not Jeopardize the Cause. [From the Winnsboro'News, Democratic] Weare powerless to help the friends of Re? form, and we had better act so as not to do anything that would Jeopardize the cause, In the success of which there Is everything for our ultimate good. If our moral support can be of avail In securing a victory for Greeley, lei us by all means give lc without stint. In bis election ls our only political salvation, and In the event ot his deleat we must prepare ourselves to receive the malignity o? a vindic? tive and tyrannical administration. THE SARATOGA RACES. SARATOGA. July 13. In the flrst race Jo? Daoiels was flrat; Silent Ftiend second, and Wade Hampton third. In the second race, Harry Bassett won easily Littlejohn and Victoria making a dead heat lor the second place. Time, 2.114. AN AMERICAN ROW IN EGYPT. ALEXANDRIA, EOTPT, July 13. An affray occurred b*re yesterday between G. H. Buller, United States consul general, and Wadleigh. his secretary, on one part, and Generals Luring and Reynolds- and Major Campbell, ex-Confederate officers in me Kne dive's service, on the other part. Shots were exbanged, and Major Campbell was wounded. The affair creates great excitement, and there are various accounts of Ifs otlgln. Butler's plea, in Justification of the emorogllo. ls that the Khedive's officers made a premeditated at? tempt to assassinate him. This the others in? dignantly deny, and assert that Butler was the aggressor. -_ THE WEATHER TB IS DAY. WASHINGTON, July U. Falling barometer, fresh to brisk southerly ?o easterly winds, increasing cloudiness and areas of rain will prevail on Monday from Ten? nessee to Lake Erle, the upper lakes and the Northwest. Southeasterly to southwesterly winds and increasing cloudiness for tbe New England and Middle States, with possibly areas ol rain irom Virginia and Pennsylvania lo Southern New England. Southerly to westerly winds, partly cloudy weatber and occasional areas ot talu for tbe South Atlantic States, followed by clearing weatber on Mon? day afternoon, and ac night westerly winds and generally clear weather for the Gulf States. COTTON MD ITS FOE. "THE WORM THAT NEVER DIES." Tho Caterpillar He por ts from {loath Carolina, Alabama, Florida, Texas 'and the Far West, The flourishing prospect for cotton a fort? night has been sadly cbanged In man; por? tions of the South by the sodden appearance and rapid spread of the caterpillar. Private advices continue to report the presence of the worm In greater or lesa numbers generally along the Carolina coast. The Worm In Louisiana. [SPECIAL TBLXGRAM TO THE NEWS.] SHREVEPORT, LA., July 12. j The Board of Trade reports the Bettel worm in the cotton fields along Bed River. But.lit? tle damage has been done, so far. All depends upon the weather henceforward. No cater? pillars have yet been seen in this region. The Worm la Texas. [ ' [SPECIAL TBL EG RA Jf TO THE NEWS.] GALVESTON, TEXAS, July 13. j We have positive information that the cater? pillars are eating the cotton in Sabine and Liberty counties. We hear reports of the worm at many other points, but have not, as yet, been able to get the information direct. It Is feared that the rains now falling daily wlli develop the caterpillar rapidly. New Cotton from Florida. i The Savannah Advertiser of Saturday says: 4A sample of upland cotton wasreoeived In town yesterday from Florida. This ls an early arrival for staple of this year's growth. The Worm In Alabama. I Under the head of "Spreading," the Eufaula (Ala.) Times, of the otb instant, says: ' Recent advices from Jackson Connty, Flori? da, and from the lower part of Henry County, Alabama, establish the fact that the cotton caterpillar ls to be seen on most of the planta? tions on the river In Increased and rapidly in ceasing numbers. They are to be found in the web and from tbat to full grown, with all the Immediate ages. They do not confine themselves to the Alabama and Florida side Ol the river, but crops on the Georgia shore are equally ravaged. Near and below Gordon, In thia State, some of the fields are reported riddled already. A very shert while since scarcely longer than a tew days-the prospect was never more flattering. Now from all rich lands, where the growth ls rapid and the weed large and tender, we have accounts of this fearful blight. The Montgomery, Alabama, Advertiser of Saturday says : The rain which commenced to fall day be? fore yesterday, and which continued without Interruption until twelve o'clock last night, Culminated Just before the latter hour In a per? fect little deluge. Such a season of unremitting rain has not been known in Alabama for many long years. We cannot see much hope for tbe cotton crop unless a speedy change occurs for the better. The Worm In Florida. 1 A planter writing from Lake City, Florida, on July 11th, says: '. The grass caterpillar ls all over the country, and-from hillls ville neighborhood tells me they have ruined seven or eight acres of short cotton lor-, and -tells me this morning they are tifclng his short cotton. They do not trouble the long cotton as yet, but eat tbe grass and then take to the short cotton, as lt ls young and tender. COTTON IN THE STATE. Il?port? from SotAth O? ml Ina. The Clarendon Press says that cotton looks well, and will compare favorably with Its usual average. The Chesterfield Democrat says : " Our farmers bave had abundant rains during the past week, and we learn that prospects for a large corn crop are better than tbey have been lor several years. The weather has been warm and sultry, very favorable for the growth of cotton." The Georgetown Times says: "Since our last, we have had an abundance of rain, glad? dening tbe hearts of those planters wbo had salt water at their doors. It came Just In lime to save the planters on the lower parts ot our rivers. The upland crops are looking up, and lt may be that the crops of the district may nol be so very short as was anticipated a week ago." The Laurens Herald says: "During the past week, In every portion of tbe county abundant rains have fallen, and the crops are dolne well so far as rains are concerned; the only thing to be apprenhedednow ls a lack of labor to keep the grass down. The crops, we learn, promise well, though are somewhat backward, caused by long droughts. Cotton, where a good stand was obtained, ls doing well, and with seasonable rains will make a fair crop." The Union Times says: "For two weeks heavy rains have fallen almost dally In this section. lu some places much damage bas been done to crops, while mill dams and fences have been washed away. The grass In many places bas taken possession of the land and ploughing ls out of tbe question. Corn is looking very fine. Cotton ls as yet looking well wnere there is a stand, but much of lt did not 'come up' until the rains set in, conse? quently lt cannot have time to make anything nn leas frost keeps off much longer than usual." Tne Anderson Intelligencer says: "On Tuesday evening last, the 2d instant, a severe rain and hall storm passed over this county. In the Beltonsectlon ot country lt was heavier than any place we have heard from, where it did considerable damage to the ero, s. Within the last four or five days rains nave fallen almost dally and the ground is now thoroughly saturated with water. From all portions ot the county there are cheering accounts fro'-the crops." THE ENGLISH COTTON TRADE. Smith, Edwards dc Co.'? Monthly- Cir? cular. LIVERPOOL, June 29, 1872. The tone of the market throughout tbe month has been generally flat, and prices show hilly id. decline since our last report. At the beginning of the month a rather san? guine feeling prevailed; a considerable busi? ness lias been done In Manchester, which led the trade to buy freely in this market, and there was a general expectation of an advance la the price ol' American and all long stapled colton In the autumn, owing to the very small supply available. This strong feeling lasted about a week longer, carrying middling up? lands to 11?cl. on the spot, and Orleans to ll 13-lCd., and some sales were made of August delivery of Orleans at 12d. per pound, and new ciop, October-November shipment, was sold freely at I0*d. per pound for uplands and lOjd. for Orleans. We began about this time to receive very favorable accounts of the growing crop In Amerlca,and shipments for October-November were pressed for Bale. A lamer feeling came over the market, and lt gradually relapsed Into ? very dull state, which lasted without intermission till the middle of this week. Spinners bought very sparingly, the export demand kept very poor, aud there was hardly any speculation, so that the business doing was unusually small. Holders, however, have showed little anxiety to sell, and the extreme decline on American cotton from the highest point was only ld. per lb., and a few Bales took place ol uplands and - Orleans uu the basis of lHd. and ll - ii. Delivery contracts were done at lljd. to ll Jd. for Atigust-SeDtember Or? leans, and shipments at li) jd. to 1041, lor Octo? ber -November uplands. A stronger tone came over our market last Wednesday. An Impresi?n gained.gronndthat stock-taking would show a decrease, and prices hardened id on Wednesday and Thurs* day, with a good healthy demand. The result of stock-taking was different from what waa expected. An increase of 30,000 bales was ebown, chiefly In East India, and whereas a decrease wa? generally looked for in long staple, on account of the large amount of for? warding from ships' side, there was a slight Increase. The result was only what might have been expected from the board of trade figures, but lt appeared-to disappoint ex pee I tatlona here, and a dull tone has ensued, and I ihe little Improvement gained the two preced I lng days ls lost. We close flat at lljd to lttd I for upland and Orleans on the spot, and rid I for lair Dohllerab. ? In Manchester during the past month a very quiet tone has prevailed, and prices have I declined ; bat still there has been no de pres - I sion, and a fair demand has existed all the I time, which bas carried off the production I without difficulty, and there has appeared, I from time to time a desire to place contracts I on a large scale, which has only been checked by the dullness of our market. Altogether j the position of Manchester has been sounder I ."""J C0"I<1 have been expected, Judging from I JJ? depressed state during the spring months. Though the accounts from the East and gene I ra'1* nom foreign markets are not very en I conraglng, yet merchants, appear willing to I operate with more confidence, and lt ls evl I dent that no short time need be expected this I year, and probably not any serious accumula? tion of stocks. At the 8ametlme the business doing 1B not satisfactory to producers. The margin between cotton and cloth is quite in? adequate, and this becomes more apparent I when ll ls recollected that an enormous rise I has taken place In the price of coals, and gen I erally In all articles used in a mill, so that the I position of a spinner is worse than the margin I Indicates.- There seems no prospect of any I cbaoge for the better during the remainder of I the year, and the hopes of the trade must I centre on the next American crop. If Tho prospects of our market have changod I somewhat for the worst since our last Issue, I owing to the highly favorable accounts reach I lng us from America about the growing cot I ton crop. The report of the agricultural I bnreau shows an Increased acreage equal to 13 I per cent., which is confirmed by private ad L vices, and lt Is alleged that the appearance of I the plant all through the country is excellent. I We believe the crop genenlly got a late start, I and a considerable portion of the seed used I did not germinate .until after the middle ol I May, owing to drought; bat genial showers I that occurred in the second half ot Hay I brought up that portion, and though lt will be I later in maturing than the rest o? the crop, we I are informed that the fields now present I everywhere a most pro mi si DR appearance. I As a natural consequence, very high estl I mates begin to be Indulged in, and four mil I ilona ls freely mentioned Tor next crop. We I consider lt entirely premature to form any I such opinion at present. Two-thirds of the j critical season have still to be passed, and we I believe that any figure between 34 and ii mll ! Uon of bales Is possible, according to the re I malnder of the season. I To guide oplnloo, we may' remark that the I last crop In actual growth cannot have ex 1 ceeded 2,800,000 bales, lor there is good reason j to believe that 100,000 to 200,000 bales were I carried Into lt from the previous season, and, I therefore, the entire growth o? the previous I year must have been 4? millions, a difference I that appears almost Incredible. As the de? crease ol acreage was about 12$ per cent, I while the deficiency of growth was nearly 40 I per cent, ll ls evident that the difference o? I season was the main cause. We consider that 1 1870 was the best growing season known ia I our times; whereas last season was a very I poor one, and therefore the average o? the I two crops may be taken as a fair guide to this I one. This would give 3,650,000 bales as tho I probable figure, plus about 6 per cent addi I tional acreage, say 3,860.000 of total growth, or I 3J millions commercial crop, and therefore we I conclude that lt will need aa extra good I season throughout to give four millions. I The leature that attracts most attention at I present ls the remarkably large stock held in j the ports, say 1,242,000 bales In Liverpool and I London, against 793,000 bales last year, a re? sult that appears almost incomprehensible I when we remember the prodigious falling off I In the American crop. Nothing can show I more clearly the wonderful effect of high I prices In hurry log forward supplies audecono I mlzlng consumption. The Blocks in the lead I lng Continental ports also show aa In?rense of I about 200,000 bales over last year, but there ls I the Important Bet-off of a deficit of 400,000 I bales In cotton afloat, laking the latest tele ! graphic dales, and considerably less to be j shipped from all the producing countries than I after this time last year, TU? OM? io wo h.a,a I drained our sources of supply far sooner than I usual, and we nave less to get for the next I five months than in any year since the Amerl I caa war. Everything at preseot conspires to I make our visible supply look as large as poss! I ble; spinners are holding far smaller stocks I than last year; the producing countries are I emptied, and ihe average weight o? the bales I is much loss than last year. The spinning capacity of the cotton in the I world ls undoubtedly far less than lost year. I and a greater proportion of the stock held I cannot aid materially In meeting the consump I Hon this year. We expect from this time lor ! ward a rapid and continuous decline In stock, I and our supply o? long-stapled cotton must be I extremely small during September, October I and perhaps November. At the same time, lt I ls evident that great economy will be prac* ! ticed and no surplus stocks held by spinaers so long as toe growing crop In America looks BO well, and Utile stimulus to speculation will apparently be given ia the second hali o? this year, unless, unfortunately, some mishap be? fall the American crop. There must, however, be a steady trade demand, and probably an increasing export demand, as the year goes on, and li seems not at ail unlikely that prices may exhibit comparatively little change for a considerable time to come. Toe present enor? mous difference between American and East Indian cotton seems likely to continue throughout the autumn, for spinners show nearly ss much reluctance as ever to consume the latter. Some anxiety ls now felt about onr grain crops, owing to the loog continuance of cold and wet weather. So wet a season as this has rarely been known, and not a dozen days ol summer heat have been experienced this year. The green crops, however, are looking well, and these are now quite as important to this country as cereals, and there ls still time to make ialr crops ol the latter li the autumn proves dry and warm. The weather will now be watched with great Interest, for lt will be a serious matter If a change for the better does not sooa occur. Great satisfaction ls felt that the arbitration on the Alabama claims will now go on as the Indirect claims are officially withdrawn. THE NEW YORK COTTON TRADE. New Heg u lut lons of the Exchange. The following amendments to the by-laws of the Cotton Exchange were adopted at a meeting on Friday last : Colton shall be deliverable and receivable, upon contracts from any wharf, warehouse or place above the level of the street, in the City of N?w York, south of Fourteenth street, and such oilier places within the limits of the port as may hereafter be accepted, specified and licensed by the Colton Exchange, upon ihe filing of aa accepted bond, with sureties, guaranteeing the faithful performance of the services agreed upon. The charge lor storage, Including the labor of receiving and delivering, shall not exceed twenty-five cents per bale tor the first month, and not over Alteen cents per bale for each succeeding month. They shall restore all cot? ton delivered by one party and received by another without other charge. Where a simple transfer of the ownership Is made, without any handling, the charge for (he flrat month's storage shall be exclusive ot labor. All picking, mending, Ac, to be done by the warehouse owners at proper charges, and all cotton taken from bales in sampling, except that taken by samplers picking and handling, shall be held by them for account of owners. They shall deliver promptly all cot? ton received for storage upon any wharf or alongside o? any vessel within the limits of the city, when ordered by the owner, at a cost not exceeding twenty cents per bale, and at any place south of Fourteenth street, by carts, at a cost not exceeding twenty-five cents per bale, they being responsible, SB Insurers, to the owners Irom the lime ihe colton leaves their premises until delivered at the point where ordered. Warehousemen, receiving licenses, shall be entitled to the privileges of the floor of the Cotton Exchange, upon the payment of the same annual dues as are assessed lo the other members. Cotton, which may have been stored below the level of the street shall net be a good de? livery until after the same shall nave Deen re? stored above the level tbereol for at least the period of thirty days. The latter amendment relative to the stor? ing of cotton below the level of the street goes Into effect on the 12th ol August next OUR CAROLINA COLLEGES. COMMENCEMENT AT ERSKINE COL? LEGE. _ The Great Day of the Tear la Dae West -The Crowd, the Incidents and the Ex? ercises-Honorary Degrees Awarded. [FROM OUR SPECIAL CORRESPONDENT.] Doss WEST, 8. C., Joly 10. To-day has been commencement day la earnest at Erskine College, and of all the rural phenomena that your correspondent has ever witnessed one of the most astonishing has been the size and nature of the *towd that, to-day, has swanned in this little village to do honor to the occasion. The trains' la both directions on the Greenville road have 1 been for the past two days bringing 'scores of strangers to Due West, and this morning the throng of vi M to rs waa augmented, by the arrival of vehicles of all descriptions and from every point within a radius ot fifteen miles from the Tillage, filled with young men and maidens, old men. and matrons, all pouring In to swell the human tide which at about 9 A. M. set toward the college cam? pus. In speaking of a crowd, of course the adjectives employed in li s description must be considered relatively to the size of the place In which lt ls assembled, as the crowd that * would overwhelm a village might be an un? noticed Influx Ina great city; but speaking proportionately to the size.of Due West, the tide tbat thronged its streets to-day was an Immense one, a living avalanche, a human deluge. It was also a characteristic and aa Interesting crowd. It comprised the educated and higher classes of the surrounding com? munities, and was a well-dressed, cultivated, and even elegant assemblage, displaying a de? gree of material prosperity and ol attention to the comforts and luxuries of life tbat was hard? ly to be expected In a rural district of plun? dered South Carolina. Long before the honr ol the exercises tbe human streams , began to converge toward the college campus, and the scene became animated and picturesque. A large grove to the sooth i ol the college grounds was filled with hun- - dreds of empty vehicles, which, having .dis? charged their loads of visitors, were left under the forest trees to await their return. Near ' this field and Just outside the classic bounda- - rles.was pitched a good sized tent, whose thrifty owners, foreseeing a crowd, bad estab? lished a burnt cork minstrel show for theob sorptlon of stray currency, and booths of . enterprising merchants In such dubious luxu? ries as gingerbread and root beer, (nothing more exhilarating being allowed within a mlle of Erskine's sacred shades) formed a cordon ? around the place. The campus (thirteen aeres ,j In extent) was filled with visitors, exchanging - greetings and congratulai ?ons, forming new ' acquaintances, or cementing life-long friend? ship. The doors of Lindsey Hall stood open, and those who chose entered and selected their seats for the day, and In front of the hall stood the college band dis? coursing sweet strains of music, which sound- - ed belter In the open air than In the hall last evening, and whloh converted the occasion Into a promenade concert in the shady grove. Ubiquitous throughout the grounds were the i . Erskine students, the seniors being especially grand and awe-inspiring In their faultless evening dress, and with college colors pinjad to their manly, broadcloth bosoms. The col? lege color ot Erskine ls a brigid cerulean, and gallantry impels the college men to Inter? twine therewith the pink of the Female Col? lege; so tbat with the prevailing white of the surrounding toilettes the eye rests everywhere upon the bright trl-color. which has lived-in the banners of both South and North. Just be? fore nine o'clock the young ladles of Dne West Female College marched lo long procession to ; grace the triumphs o? their sterner rivals, and formed tbe prettiest ptmmtm W ?a? ssaolo kaleidoscopic scene. They were one hundred and twelve In number, all dressed In white Ia ' every variety ot handsome summer fabrics; ot elegant shape and elaborate end my a teri o us ornamentation, and all wearing the pink favors of their Alma Hater, wherewith some Impulse, probably the corollary of' that gal? lantry above recorded, prompted the com? mingling of the Erskine blue. To describe the Full loveliness of that galaxy of faces ls not within my power, nor does the delicate beauty of South Carolina's high-born daughters need a tribute from this hackneyed pen. Suffice it to say that upon etch fresh young face there was the bloom of perfect health; In each eye tbe gleam of quick Intelligence, and on each brow tne stamp of truth and purity, and let the reader who has been fortunate enough to see, and artist enough to appreciate the best types ol South? ern beauty, conceive the rest. When these honored guests had been seated in the front seats of the auditorium, tbe rest ot tbe specta? tors wedged Into the remaining space, and the students o? Erskine arranged upon the stage, the exercises of the morning began. These consisted of orations by the members of ' the graduating class who had not performed . last evening, according to the following pro? gramme: "Love is like the Bat." H. Mc. Henry, Chester, S. C. Music, Pittsburg Polka. "Change." T. J. 0. Holloway, Edgefleld, 8. C. Music, Beautiful Bells. .... "Fallen Empires." J. B. Lathan, Black stock, S. C. Music, Cottage by the Sea. "Think for Yourself." J. M. Mc Lain, Elk Shoals, N. C. Music, Trap-Trap Gallop, by Faust. "Angelic Woman." T. P. Pressly, Stark ville. Miss. Music, Ladles' Fancy. "Geologyand the Bible." G. S. Robinson, Lancaster, 8. C. Music, Julia Waltz. "Words Though Sweet may be Deceptive." C. C. Simpson, Anderson, S. C. Music, Gre? cian Bend Quickstep. . "Earth's Heroines." J. A. White, Chester,, 8. C. Music, When you and I were young, Maggie. "All things that are, are with more spirit chased than enjoyed." W. A. Wilson, Mon? ticello, Ark. Music, Grand March lu Norma "Power of Habit," W. A. Young, Gun ' town, Miss. Music, Dolly Varden Schottisch. This afternoon, the anniversary address was delivered by Colonel John Y. .Fitzpatrick, "the eagle orator" of Selma, Ala., add the baccalaureate address by the president of the college, Bev. W. Monat Grier, in connection with the presentation of the baccalaureate de? gree to the fifteen members of the graduating class. The first was an able, dignified and scholarly address and was well received by the class and the audience. The second address was one of the most admirable efforts In every way that it has been my good fortune to hear. It was devoid alike of the sentimentality and metaphorical verbiage with which suoh efforts are sometimes accompanied, and the tone of patronizing superiority too often as? sumed in addresses to young graduates. It was terse, eloquent and forcible, and altogether Just ?acb a speech as was calcu? lated to Impress upon the students a sense of their responsibility without unduly Inflating their arnour propre, and of inciting them to honest, earnest effort in life without the de? duction that they must inevitably be heroes. It was also announced this afternoon that the degree of master of arts had been conferred by the trustees of the college upon the Bev. J. F. Latlmer, professor of metaphysics la Davidson College, North Carolina, and Mr. J. J. Darlington, or Borne, Ga., and the degree of doctor ot divinity upon the Bev. J. P. Smelt zer, of Newberry College, Walhalla, and upon tbe Rev. John Miller, of Oak Hill, Alabama. This evening another large and interesting audience attended at Lindsey Hall to listen to the alumuse and alumni essays of the Due West Female College and Erskine College re? spectively. Miss Flora J. Todd was the essay? ist of the alumnte association, ber essay being read by President Grier. It was a careful and admirable paper upon woman's sphere ana dulles, full of healthy fresh and vigor?os thought, and was lo i ell an ample vindica? tion Si woman's right to the holy and elevated, but modest, graceful and tender poeltioa claimed for her. The alumni address was by Dr J C Maxwell, of Greenwood. 8. C., who was introduced by Mr. J. R. Hemphlll, editor ot the Abbeville Medium, and who made a. cogent, forcible and Interesting speech. To-morrow the public exercises or the Fe? male College will take place, and will, as al? ways, prove the culminating feature of the In? terest and pleasures of the week. In the evening the awards of the lesser prizes in the male coileg? will be made, and then Fate to) Erskine. PICKET,