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? zy' mt VCLUME IX.-NUMBER 1967 CHARLESTON WEDNESDAY MORNING, MAY 1, 1872. EIGHT DOLLARS A YEAR. THE RAMUAD CASE. M?RE VENTILATION OF THE SECRETS OF THE GREENVILLE RING. . Financial Kn.Klai Surrendering Th e miel ves and Confessing their Con? spiracles. The bankruptcy proceedings upon the pe \ tltioa of Daniel E. Scanne), of New .York, In re. tne Greenville and Columbia Railroad Company, were continued yesterday morning in the United States District Court before Judge Bryan, Messrs. D. T. Corbin and Geo. D. Bryan appearing for the petitioner, Messrs. A. G. Magrath and G. D. Melton and John T. Rhett, of Columbia, for the railroad company, and Messrs. Porter ? Conner, Simonton & Barker and John D. Pope, of Columbia, for Tarions creditors. There-direct examination of President W. J. Magrath being continued by Mr. Corbin, be tea titled as follows : The new bridge over the Broad River has not been built, the engines and cars have not been purchased, nor th?) new ralla laid as suggested by Colonel Doda mead In his annual report, 'He advised those thing* aa good and useful things to be done, but not as necessary things. The bridges, &c, have all been kept In thorough repair. The Interest account last year was $242,285 64. The witness made a long explanation of b's rea? sons for bellevlog tbat the complet iou of the Air Line Railroad would not be detrimental to the Greenville and Columbia Road, stating that the great cotton mart of the Southern Staten was New York, that cotton sought that market always by the cheapest route, and that by the Greenville and Colombia Boad, and via Charleston, the distance was leur hundred and forty miles, while by the Air Line Boad, and via Portsmouth, the distance wonld be six hundred and sixty-two miles, commuting the sea miles according to the contracts with the respective lines ot steamers. The ex? penses of the South Carolina Railroad In 1869 were sixty-five per cent, of Its earnings, In 1870 sixty-two, and this year they will be less than sixty-two per cent. Sixty per cent, ls a fair average of the expenses of the roads throughout the country, but the Greenville Road has less necessity now for liberal ex? penditures than the South Carolina Boad. Re-cross-examination by Judge Magrath: The superintendent ls subord?nate to the di? rectors. His reports are intended as Iniorma tlon for the company, and not as binding to any Une of action. His suggestions are not made wltb reference to the financial capacity of the road at any particular time. My purchase of the road showed that I did not deem lt insol? vent, and fie amount of the purchase money Indicated Its value to me over and above all Its liabilities. I wonld not sell out for what I gave for lt. I have heard -within three weeks ? of a person who wanted to buy it for more thangi gave for it. The effect of the Green? ville road Dassin g into the bands of persons i who wonld operate it In the interest of people outside of the State wonld be very detrimental to the lowan part of the State. Out of 88,000 ( bales of cotton shipped over the road last , year, 81,000 came to Charleston. If the road i passed into other hands, not one bale would < ? - co ?ne-tn -Ch ar Iee to n. t Mr. Charles H. Manson, the assistant treas- j urerofthe Greenville and Columbia Railroad Company, was next called by Judge Magrath, j and testified that he had been Instructed by President Magrath last April to go to New York and ascertain the nature of the claim ol the Commercial Warehouse Company. He saw the president and two of the vlce-prerl ? dents of that company, who said that a cash , loan of $150,000 had been obtained irom them i by H. H. Klmpton, aa financial agent of the . road, who had given therefor three notea j signed by John J. Patterson, aa vice-president i of the road, and that the money had been i given to Klmpton. The loan was made at j ? seven per cent, interest and $600,000 of Greenville and Columbia second mort? gage bonds were dep.-sited as collaterals, 1 upon the face value of which the Ware- j li house Company was to charge five-eights i per cent, per month commission, making ? the commission and Interest amount to thirty-seven per cent, per annum of the amount of the loan. If lt became necessary thejrwere to sell the collaterals to repay the loan, and for this they were to receive two | and a half per cent, more upon the lace of the '. collaterals. The loan was made In the sum- . mer of 1871. Three notes were given, each at , four months time, lor $76,000, $60,000 and < $25,000 respectively, and dated June, July and < August. No report of that negotiation was ever made to the company by Klmpton. In his account current In January, 1872, he men- < Honed three cash loans for $76,U00, $50,000 and $25,000 respectively, which the witness supposed, from the similarity ot amounts, to bethe ones above mentioned. The witness produced the minute book of the directors* of the Greenville and Columbia Railroad Com piny and read various resolutions and proceedings of the board. The first was on May 23, 1872, In which the pres? ent board of directors resolved that In view ot the Indefinite statement of faots regarding the claim of the Commer? cial Warehouse Company, and whereas they were about to sell the bonds in their hands, the president be authorized to take steps to prevent or stop such sale, as they regarded the transaction fraudulent. He found no record of $600,000 of bonds being put in Klmp ton's bands for the purposes of this transac? tion. On May 1,1871, a resolution was found, which waa int rod ac ed by Joe Crews and car? ried,v tbat Klmpton be furnished with notes for the amount due him, and-bonds to secure the payment of the - debt. On April 28, 1871, an executive committee was appointed, consisting of Frederick Busti, Joe Crews and Niles G. Parker. Klmpton's trans? actions with the company were very large, and would be naturally supposed to Involve a large correspondence, but the new board, when they cane into office, did not find a single letter from Klmpton among the records. On May 1,1871, a resolution was adopted that the Greenville and Columbia Railroad Company purchase the franchise of the Continental Tele? graph CompaBy, and pay therefor $387,500 io second mortgage bonds at par value. On January 6, 1872, Patterson offered a resolu? tion , rbi ch was adopted, Baying that, whereas, the president reports that be bas been able to ?buy the Continental Telegraph Company for $300,000, be be authorized to make such changes In the receipts and vouchers as to correspond with the amount actually paid oat. On May 2,1872, a resolution was intro? duced In the new board by Judge Orr, and adopted, that the last mentioned action of the late board baviog been taken without a quo? rum being present, and could not have been taken any way without the consent of the stockholders, it waa repudiated and declared void. At the same meeting a resolution, introduced by J. C. Low, was adopted, which directed the financial officers of the ! company to ascertain the amount of bonds that had passed out of the possession of the company without any consideration being re? ceived therefor, and directed the president, to proceed by litigation or otherwise to secure the recovery of the same. Cross-examloed by Mr. Corbin: Kimpton ?vas the financial agent of the company In New York. His accounts showed sales of bonds, and the application of the proceeds to the payment of Interest and drafts upon him. He acknowledged receiving $626,500 of bonds. The first executive committee was Bush, Crews and Waterman; the next one was Bush, Crews and Parker. Do not find any record ot the late board having repudiated the actions of Kimpton, Patterson and the execu? tive committee. The accounts appear to have been duly audited. Do not know of any thing to Impeach the conduct of the Commercial Warehouse Company In connection with the loan. , Bedlrect examination by Judge Magrath: Eimpton's last account was audited by the late board of directors. It was for $182,86150. I have Inspected the account. It ls not a cor? rect account. C. D. Melton, Esq., was next 'called as a witness by Judge Magrath, and testified as follows : "I am an attorney of the Greenville and Columbia Railroad Company, and have received Instructions and have taken action regarding the recovery of the bonds alleged to have been embezzled from the Greenville and Columbia Bal lroad Company by the Conti? nental Telegraph Company. I have met with some success. Two of the parties have come forward and surrendered the bonds held by them, and I have hopes of some others. Those who surrendered confessed that the whole thing was a scheme to obtain the $300,000 of bonds to be divided np among themselves. I have received $37,500 of these bonds from J. L. Neagle, and $21,000 from John J. Patter? son. They were second mortgage bonds, re? ceived by them as their share of the price of :he Continental Telegraph Company. They were directors of the Railroad Company, and the purchase money was divided up amoru them In proportion to their shares In the Ball road Company. They were themselves the directors ot the Railroad Company, and they held between them $50,000 of stock. An affidavit was read by Judge Magrath which was made by Bentley D. Hasel, of New York, who deposed that on the first of June, 1872, he went to the office of the Commercial Warehouse Company and served upon Mr. Navarro, one of the vice-presidents, a notice that ll the company persisted in the sale of the Greenville Railroad bond?, he would at? tend the sale and notlly all comers that the railroad company denied the validity of the obligation and the bonds. That he did attend the sale, and notified all who were in attend? ance that the Greenville and Columbia Rail? road Company had no evidence ol the alleged indebtedness, that no authority had been given to any one to contract such an obliga? tion, that they denied the right of the Com? mercial Warehouse Company to hold, use or sell such securities, and would deny the right af any purchaser to buy or hold them. That :he sale nevertheless proceeded, and one lot )f the bonds was bought by Mr. Castellanas lt 25 per Cent. Ot their faca valus, abd the ro? na! nder by Mr. Parsons, at 29* per cent. The court then adjourned until this mora? ng. m | t f THOSE DIRECT DAMAGES. LONDON, July 18. The British agent at Geneva has presented j i demurrer praying that the tribunal exclude t the cases of the Tallahassee, Chlcamauga, Sum- j :er. Nashville, Retribution. Boston, Sallie / Jeff Davis, V. H. Joy and Music. Pending a , leclBlon, c.?ch side presented a process con- c raining the essence of the argumentative por- t dons of the case and counter-case. A sum- t mary of the American argument and state- s ment in the case of the Florida was presented ? to-day. c GENEVA, July 18. c The preliminaries have been settled, and ( the board bas finally decided to take up the , ;ase of each ship seriatim. Professor Mon- f Sue Bernard arrived to-day. The roofs and t conies of the hotels are again decorated r with flags and streamers. t THE SARATOGA RACES. I SARATOGA, July 18. jj The first race, hurdle, two miles, was won v >y Loch lei beating Astronomer four lengths, t Tammany third, Lobelia fourth, both close up. a Time lour minutes and three-quarters. The c jetting was four to three on Lochiel against y he field. The second race, purse five hun- v Ired dollars, for two year old, three-quarters r )famlle. Luna won very easily, with Liver- ? )Ool second, Bonner third. Calvert was c leaton. Time 1.19. Luna was the favorite at {j 'our to three against Bonner, and five to three , igainst the rest. t The Sequel stakes were won easily by Wade c Bampton beating Sue Ryder. Time 3.42*. l THE BOTHERED BONDHOLDERS. t NEW YORK, July 18. f At a meeting of the South Carolina bond- 1 holders to-day the committee reported little I progress In the collection of the subscription 1 for the prosecution of their claims, and a reso- 1 lutton was adopted requesting all holders to 1 deposit one per cent, on the par value of the 1 bonds for use in the contemplated suit. < NATIONAL BANK ITEMS. WASHINGTON, July 18. The comptroller of the currency has given notice to the creditors of the National Bank of ' Vicksburg, Miss., and the First National Bank of Selma, Ala., that claims mast be presented within the next thirty days or they will not be allowed. Claims can be presented with the requisite proof to the coriptroller of the cur? rency. SPARKS FROM THE WIRES. -The trial of Boss Tweed, In New York, has been adjourned until September. -The Ouban privateer Pioneer is still In the custody ol the treasury department, awaiting an Investigation by the judicial authorities. -The steamship Clyde, from Galveston for New York, went ashore in a fog, yesterday morning, at Fort Hamilton, and remains blgu and dry. -A dispatch from Port "aid announces the arrival there, and the t equent departure for England, of Stanley, toe Herald's hero of the Livingstone search. He is accompanied by the son of Dr. Livingstone. -A prominent member of the German House of Representatives writes confirming the news that Bismarck is to try and stop, by legislation, the great flow of emigrants from the Empire to this country, and characterizes the movement as stupid. He sayB the only way to prevent emigration is to afford the people the same advantages they have here. THE NEW YORK FRUIT MARKET. The Daily Bulletin of Wednesday, July 17, says: Watermelons are arriving freely from Geor? gia and in good condition. Lawton & Wilson blackberries are plenty and a trifle easier. Other berries without material change. New apples abundant and lower. "We quote : New apples, good, $2 50a3 50 per barrel, $1 75u2 per crate. Raspberries 6al0c per quart. Cherries 3al2c per pound. Currants 7al2o per pound. Gooseberries $3a6 per bushel. Watermelons $60a70a80 per 100. Blackberries 15a20c.for Wilson's and Lawton's, and CaSc for common. Whortleberries $3a5 60 per hush. THE CAMPAIGN OF PEACE. " ORGANIZING VICTORY." Activity of the Liberal Leaders in Sew York City. NEW YORK, July 18. The Republican Executive Committee held a meeting yesterday afterooon, which was exe? cutive in character and for the moat part secret. Measures were discussed for forward? ing the canvass in Pennsylvania, Indiana, North Carolina, and '.Vest Virginia. Ex-Sena? tor Abbott made a cheering report of the can? vass in North Carolina. Colonel Evretf, chair? man of the Republican State Central Commit? tee, appeared from Pennsylvania In place of w. H. Kimball, who ls ill. A suggestion was considered from West Virginia, looking to the utilization of all the elements oppose J to the Democratic Liberals ot that State. The de? tails of the campaign , will be organized in a few days at headquarters here. A secret ses? sion ol' the Executive Council of the Union League of America waa also hald in the after? noon, at which lt was resolved to co-operate with the National Committee. . A STUPID ANTAGONIST. Disappointed Politician!-Presidential Complacency- \or Afraid ot Greeley Sumner and the Colored Alen, Sic. [Correspondence o^ttio Baltimore Sun .1 ' * WASHINGTON, July 16. The President did not arrive to-day lrom Long Branch, as promised by telegraph,-ana Lt ls quite doubtful If he return? to Washing? ton this week, tho ngh he.ls expected. Offi? cials at the White House state that he. was not expected to-day by them, though announced elsewhere as coming. Several members of the Cabinet were at the Executive Mansion, how? ever, but only had routine matters to submit. A few ornce-seeters and politicians were on band, and gave evident Blens ot disappoint? ment at the lallure of the President to arrive. Several prominent Republicans who hive been to Long Branch to cooler with the Pres? ident on the pori i ?cal situation, and to sug? gest features tor the campaign, have arrived In Washington, where they have quietly ex? pressed their great surprise, not only at the Indifference with which General Grant treated their visits-, but the utter want of In? terest which'be felt In the result of the lall elections. He. did not seem to care to be bothered with politics, for he regarded the contest as altogether one-sided, and bad no doubt ot his re-election. He placed great lalth ou the Democratic votes he ex? pected to receive,' and believed they would fully equal the Repuollcan strength which would be cast for Greeley. ThoBe who went to advise the President that a close, bitter contest was at band, found bim so strong In bis own coevlctloos that they re? mained silent. One of them expresses the opinion .that be will get pretty well scared be? fore October rolls around, and be glad enough Chen to listen to some of the politicians. Senator Sumner ls about to prepare a .reply to a letter signed by one hundred colored men, asking him to advise them In the pre? sent political revolution. They do not speak Df any choice in candidates or platforms, but many ol tnem ore evidently Inclined to both tickets. MASSACHUSETTS IN MOTION. Conversions from Grant Going On "In Shoals"-General Banka Sal* Co he Shaky. Boston Correspondence of the Springfield Re? publican.] BOSTON, Saturday, July 13. Those wise men In the East who thought the nomination of Mr. Greeley at Balli nore would drive off both Republicans and Democrats irom supporting him have a chance low to see hr v7 much their wisdom was worth, tot a single man ot either side has given up ?reeley for Grant In-this latitude that I can lear ot, while the conversions to Greeley go >n day and night by shoals. The Custon, louse folks, the Grant State committee ano he Boston editors who have pooh-poohed the mil-Grant, movement are now thorough)' Tightened, for they find their party e> leedlngly shaky. Senator Wilson ls un lerstood to Intimate that all depends in North Carolina-if that State goes or Gram then he ls sure ol a re? fection; if not, then the country is going o be ruined right away. He is going down to nake a few speeches in the "Old North State" limself, coutrary to his past intention to make ils first stump orations in Pennsylvania and odlana. The sooner be goes the less he will ;et mixed up In Butler's schemes, which will lepend largely upon Wilson for their success, md will come to a head within the next two reeks unless all Blgns fall. It Is not expected 1?re thal Charlea Sumner will take the stump gainst Grant in North Carolina, but he will ertalnly have an opportunity in Faneull Hall, vhen he comes home, lo tell his constituents mat he thinks about Greeley and Grant. Tba Ireeley movement here, as well aa In sutes urlher West, ls fast taking the form of a great lopular uprising-not a noisy and slnglugrj me, like that of 1840. but a quiet and BUB alned political revolution. The men that are low Joining In it are not only the Demoerats ti all kinds, and the unsteady Republicans, nany of whom went for Buller last year, mt staunch old anti-slavery Republicans hat never cast ? vote before for any but the egular candidates. I meet Buch men every lay. and their adhesion to the Greeley ranks B fast making the election doubtful in this )art of the btate. The Boston city govern? ment, In all Ita political diversity, goes almost ?nanlmously against Grant, lt ls said, and rery largely for Greeley. In New Bedford the Republloau city committee ls touched with the 3reeley latectlon, and In every town there ia nore or less of lt. Mr. Sumner's hesitation in pronouncing for Greeley does something to nold back many who would otherwise join the Greeley party at once ; but lt is>so plain that be wia eventually go that way that the pro? gress of the revolution ls not much Impeded. There are rumors of changes among promi? nent Grant men. General Banks, for exam? ple, ls aald to be shaky, but most of the con? versions hitherto have been from the middle rank of ihe party. * The following gossip about the Massachu? setts governorship appears In the Springfield Republican: '?The chance of a candidate on the Graeley side beginB to be agitated. Some of the Dem? ocrats want to nominate Charles Francis Adams, (the father;) others talk of Charles Sumner; others of F. W. Bird, and of General bartlett. Tnere ls little prospect of nomina? ting either Sumner or Adams, I think; but C. F. Adams, Jr., may possibly be the candidate. Probably, however, the chance will fall on Mr. Bird or General Bartlett, either of whom would make a good run, and against Buller could be elected." PENNSYLVANIA-BEFORE AND AFTER. A Prophesy. [From the Philadelphia Press-Before Baltimore.] If Mr. Greeley's Indorsement at Baltimore could enthuse and consolidate the Democratic party of Pennsylvania as the nomination ol Hancock would, mere might be some chance of his carrying the State. Of the party press but two Democratic papers-the Tltusville Courier and the Venango Spectator-urge his nomination ; twelve papers have no prefer? ence whatever; fifty-three have earnestly protested against his indorsement, and ten positively assert they will not support him, even If nominated. There will be as many Democratic journals to oppose Horace Greeley as there are Republican ones that refuse to advocate the election of Hartranlt. Its Unexpected Fulfilment. [From the Philadelphia Preas-After Baltimore.] Of all the Democratic journals In Pennsyl? vania, not one remains to do reverence to Us party. Of all the editors of that faith who have been abusing Greeley for thirty years, and who for the last three months have been clamoring for a straight-out nomination like a crimlnal,"on the way to expiate his crimes, begging far mercy, not one lifts up his voice against, the surrender of his party. Eveh the rural Democracy of Berks, which has been wont to consider itself of divine origin, bows to the deoree of fate, and, through Its organs, ulks glibly of "clasping hands across the bloody chasm." The unanimity with which the Democratic Journals of Pennsylvania have hoisted the' names ot Greeley and Brown ls as emphatic as their nomination' at Balti? more. We have yet to see a Bingle one tbat opposes Greeley. His flag han been simultaneously unfurled all over.the State, while the great organs at Philadelphia, Harris? burg and Pittsburg, have broken out with the extremest laudations ot his career. The epi? demic of Liberalism, as lt has been called, bas developed here as strongly as In New York or Indiana. We confess to a deolded feeling ot surprise as we read the Democratic papers of Pennsylvania; at the Philadelphia Age and Herald and Pittsburg Poet accepting the nomi? nation of Greeley without qualification and promising him a hearty support; at the Win? chester Jeffersonian and Beilefbnte Watchman -the first a high-toned, old-fashioned Demo? cratic organ, and the second a pro-slavery, rebel sheet-declaring that they will, not re? volt; and at the Harrisburg Patriot and Lan? caster Intelligencer Jubilating oyer the event There are many stranger things 'twixt heaven and earth than ever entered Into our philoso? phy, and this is one of them.. ? . ; THE CANVASS IN MAZNE. Democrats and Liberal Republicans Combining on State and Electoral Tickets. A Portland dispatch to a* Boston paper, dated July 13, says: j, The Liberal Republicans, Thomas F. Lang, F. A. Pike, and some thirty other?, who were lo consultation at the Preble House last' eve? ning, did not fully complete the programme for the opening of the campaign. Tney pro? pose to bave a thorough organization through? out the State, Including Stute, district, county and town committees. The Democracy will keep In the background, giving the lead Into the hands of the Liberals. The latter are ex? pected to support G. P. Kimball, the Demo? cratic candidate for Governor. The elector? ship will be divided up to ault. Meetings are to oe held at once in varions parts of the State, to-have a big "send off" in the grand political race In Maine. A Joint Liberal Be publican-Democratic mass meetiag will be held at Bangor OD Saturday next, which will be mauagedand run on the half-and-half plan. General Judson Kilpatrick and others are to speak. A similar meeting will be held here lu the course ot a few weeks. There was a Joint consultation here yesterday and to-day of tbe Maine "Cbappaqua .Sachems" with such prominent Democrats as C F. Kimball, J. C. Madigan, Bloo Bradbury, and others. ILLINOIS SATE FOB .GREELEY. Kn th u* I asm of the Hoosiers. . The Chicago Tribune Bays ot the campaign In Illinois: : ? ? . There 1B DO local reason why Greeley should be more popular In Illinois than In Massachu? setts, yet the revolution In thia State ls as* toundlng even to his irlends. So general and sweeping ls lt that there ls not at this time a Congressional district In this State? In which the friends of Mr. Greeley do not have the strongest ?hopes of electing their candidate. Several districts which In 1868 gave Grant majorities by the thousands, are, even at this early day, considered safe for Greeley. -As to the electoral vote of this State being given for Greeley there ls no doubt. The Greeley State ticket and a Legislature of Greeley sup? porters are regarded as certainties. ST. LOUIS, July 18. The Democrats of the Sixteenth District of Illinois, lo convention at Vandalia, yesterday nominated S. L. Bryan, for Congress. The Liberal Bepublican Convention at the same time ?nd nj ace -ntis>d thaJ??-,nCJ?at|'? n/wpi-. natlon, and pledged tbe Liberal Republicans to a hearty support of the ticket. KANSAS ALL RIGHT. Her Electoral Vote will be Cast for Oree t ley and Brown. Kansas ls claimed for the Democratic and Liberal Republican candidates by the St. Louis Times, which says: Our reports trom Eapsas are of the most gratifying nature. A gentleman, whose name, If we felt at liberty to give lt, would be recog? nized at once as the very best authority, as? sures UB that the Liberal party ts organized In every county, that In a good many places it will squarely divide the Bepublican vote with Grant, and he has no doubt that the electoral vote ol the State will be cast by a fair majority for Greeley and Brown. SENATOR THURMAN. He Goes In for Greeley and Brown Oem oe rn t H Bound by the Action of the Convention. CLEVELAND, 0., July 16. ' The Plalodealer to-day publishes a letter from A. G. Thurman, In which he says tbat though be would prefer that the Democrats had resolved on a straight Democratic ticket, he will work earnestly for the election of Gree? ley and Brown, aa lt IR the will of the party, and be believes that the wellare of the country requires the detest of the present Administra? tion. T?e nomination of Greeley and Brown at Ballimore, be says, was the work of the people, politicians having nothing or Utile to do with it. The Democratic party does not abandon Its principles, but believing as lt does that the course of the Badlcal leaders threat? ens to destroy all constitutional and Demo? cratic ideas, lt is bound by Its principles to seek to overthrow those leaders, and If lt can? not do it by the mode lt would prefer lt Is but common sense to take the next best mode. THE FIRST GREELEY AND BROWN CLUB. An adjourned meetlog of citizens of Charles? ton Interested In the Liberal Republican move? ment was held last evening at the office of the Dally Republican, and an association formed tor the purpose of organizing the campaign in this city, under the name of the Greeley and Brown Central Liberal Republican Club. The organization was completed by the election o? the followlog permanent officers: J. Evans Britton, president; Aaron H. Harper (colored) and Tn ornas Devine, vice-presidents; Moulton Emery, secretary, and B. A. Carson, treasurer. The following brie, and pertinent platform was adopted : Resolved, That as good Republicans we desire and will work tor the election of Greeley and Brown In preference to Graot and Wilson because, first, they represent better principles, and, second, they are better fitted for the position. It was resolved to hold the regular meetings ot the club as often as once a week, aud subject to the call of the chair, to be published In all the dally papers; and lt waa also ordered that a notice of the organization be sent to Colonel S. A. Pearce, chairman ot the State committee, and to the Liberal Be? publican headquarters In Washington and New York. It ls now proposed lo organize auxlU ary clubs in every ward ot the city, and BB soon as practicable to bold a mass meetlog at which prominent speakers will address the citizens upon the Liberal Republican move? ment. THE NEW YORK VEGETABLE MARKET. The Daiiy Bulletin, of Wedneday, July I7tb, says : New potatoes rule about steady, with a lair demand. Cucumbers are easier, but -other articles without material attraction. We quote new potatoes $1 60a2. Green corn $lal 60 per 100. Southern onions, per bbl, $2 76a3; do, Connecticut, $1 per 100 strings. Cucumbers, Jersey, $2 60 per bbl, and Long leland 7?ca$l per 100. Squash, per basket, 25a60c; do, marrowfat per bbl, $1 50a2. New turnips $3a $6 per 100 bunches, and Si 60 per bbl. Cab? bages, $4a6 per 100. Gre*n onions $4 per 100 bunches. Beets, Jersey, $4a6. Southern tomatoes, $1 per crate; Jersey, $2 per crate, , and Long island, $2 per basket. RISING FROM THE ASHES. IMPROVEMENTS IN THE CITY. A Literary Retreat for the Ladles-An Improved narine Railway tn Procesa Of Conitroction-Poandriei, Machine Shops, <&C. The substantial success which has-been achieved by Fogartie's Book Depository has induced its pushing proprietor to commence preparations for enlarging his business. The rear wall of the store will be taken down and an addition made seventy feet long and one story high. It will be furnished throughout with skylights and ventilators. An entrance will also be ont Into the second story and com? munication supplied by an easy flight of stairs landing Inside of the store at the point where the addition begins. The second floor will be remodelled and divided Into four spacious and airy rooms, which will be well snp plled with furniture, and some of which will be adapted to the use of several ladles' literary clubs recently formed, while others will be fitted up as pleasants resorts for the clergy of various denominations. On the first floor, an apartment in the rear will be enclosed by a railing and furnished with chairs, tables and desks as a ladles reading, room. The work begun yesterday ls being done by Mr. J. C. Lacoste for Mr. H. H. Ray? mond, the owner of the property, and will be completed by the.first ot September next. Mr. Fogartie, we are glad to learn, contemplates re-establishing his circulating library and bringing It up to the highest standard, supply? ing lt with all the beet periodicals and finest literature of the day. His business facilities will likewise be largely increased, and large and Important additions made to his. stock of theological and other literature. Sunday school literature will constitute a special de? partment, which will contain the best books and papers of every d?nomination. Exten? sive additions will also be made to the station? ery department A very Important enterprise, filing a want long felt by Charleston, has recently been commenced at the east end* of Society street. This ls a first-class marine railway, three hundred feet long and twelve wide, fitted up ^with the most Improved working apparatus. The ways will rest npon Iron rollers, travelling, over foundations covered with iron plates, and will be. drawn up bj chains attached to a steam dmm. When completed the railway will be capable of hoisting from the water any sailing vessel of ten feet draft under three hundred feet long. A small portion ls already In operation, though worked in the old way ? with ihe capstan, and finds steady employ? ment. The Marlon has Just been lowered, the Pilot Boy- will be hoisted to-day, and the Planter Iles alongside ready to take the Pilot Boy's place. The railway is the property of Mr. S. Zanoguera, an en? terprising Spaniard. In order .to con? struct it he has had to' build a wharf four hun? dred feet long by abont a hundred wide, where there has never been anything bat a mud flat since Charleston became a city. The river front of mis wharf is considerably wider Ulan the shore end, and ls separated Into two piers, between which me railway gradually slopes down to the water's edge. The work ls being done under the management of B. Hunter, Esq., the energetic pile-driver, and will be completed by the first tot October. The entire cost for machinery and everything connected with the enterprise will be about twenty thous? and dollars. The importance ol' this work will be realized, when lt is remembered that such vessels as the Dictator and City Point, which have heretofore been compelled to go to Wilmington, Delaware, or some other city far repairs, can now be repaired at home. The City Council should second the exertions ol Mr. Zanoguera by extending the foot of Con? cord street to his wharf, which ls but a few yards below, and ihus open communication to It for vehicles. On Hasel street, a short distance east of East Bay, Messrs. Smith & Valk are construct? ing a brick foundry' forty feet square. The walls tyave already been completed and are about Alteen feet high. The roof now nearly ready for pulling up, will be of the kind known as the "peak roof," pyramidal in form, with a cupola-shaped ventilator at the apex. Thedrick work was done by Mr. C. C. Tm ni? bo, and the wood work ls under the superin? tendence ol Mr. Wragg. The building will be finished by the first of September. Tue pro? prietors bava also recently completed a wood? en Structure one atory high and thirty feet square, which they contemplate using aa a blacksmith shop. Extensive additions have already been made, and others are In course of completion to .the Phoenix Iron Works. On the east side of the premises, adjoining ihe boiler shop to tho west, a shed ls going up, forty feet long by thirty wide. On the north an addition to the foundry, consisting of a one-B to ry wooden structure, forty feet square, with a peaked roof, ls rapidly approaching completion. On the west of the machine shop, aod adjoining lt, a wooden building has already been com? pleted, eighty feet long, thirty-five feet wide, and one story high, and ls used as a branch ol the machine isbops. During the present summer the proprietors of the Phoenix Iron Works have added to their stock ot ma? chinery three new lathes for turning iron, one planing machine and one drill press. They steadily employ one hundred and sixty-five hands, and have sufficient work now under contract to keep them busy until November next. Among their contracts are eight large boilers and two cylin? ders for West Point Mills; the complete ma? chinery for two steamboats now building by Mr. A. Morgan, of Georgetown, 8. C.; the machinery, two hundred pieces, weighing from one pound to fifteen thousand pounds each, for a powerful cotton press, Taylor's patent, about to be established in the Walker Press Building, Churoh street, below Broad, by the Charleston Hydraulic Press Company; a large boiler for the Savannah and Charleston Company's steamer Fannie; the machinery of phosphate-washer boat for the Coosaw Mining Company; two large boilers for parties in Augusta, Georgia; and another boiler for the Marine and Biver Phosphate Company, to re? place the one recently exploded on Bull River. Besides the above they have a large quantity of outside work, such as repairs to machinery of steamships and other vessels in port. The old office In the centre of Bennett's Mills yard, at the east end ot Wentworth street, bas been pulled down and a new and neater structure has risen In its stead. It is a one-story frame building, fifteen feet wide by thirty long, with a flat tin-roof depressed In the centre, and rests upon a brick foundation four feet high. The interior will be divided into two rooms for the use of Mr. Bennett. The work ls superintended by himself. -There were many sun-stroke cases in New York yesterday. LIFE ASSOCIATION OF AMERICA. OFFICE OF THE SOUTH CAROLINA DEPART-' MENT OF THE LIFE ASSOCIATION OF AMERICA. 29 BROAD STREET, CHARLESTON, Joly 18.1872. A meeting of the trastees of the "Life Asso? ciation of America," In inls city, was held to? day for the parp?se of organizing the Sooth Carolina Department. Present, Wm. McBur? ney, J. H. Wilson, C. P. Panknlo, G. W. Almar, Edward MoCrady, Jr., Wm. a Bee, J. B. Steele, Wm. P. Holmes, A. 8. Johnston, B. H^BaUedge, H. E. Young, A. T. Smythe, T. D. Esson, C. H. Slmonton, Wm. G. Whllden, B. G. ChlSOlm, Geo. E. Bogga. On motion, Mr. McBurney was called to the chair and Mr. Geo. E. Bogga requested to act as secretary. On motion of Colonel Slmonton lt waa re? solved that ten of the trastees and officers of the late "Policy-Holders Assurance Company" be elected directors of the Booth Carolina department of the '.Life Association," and that to their number be added three of the trustees of the former department of the "Life Association" in this State. The following gentlemen were elected di? rectors of the department: Messrs. William MoBarney, KD. Mowry, A. 8. Johnston, Wm. C. Bee, Jno. R. Dukes, Wm. E. Byan, James H. Wilson, W. G. Whllden, T. G. Barker, Augustine T. Smyth?, C. Irvine Walker, C. P. Panknin, G. W. Almar. .? On motion,-the meetiog adjourned. The: board of dlreotors subsequently met, and Mr. J. H. Wilson haying been called to tbe chair, the followlog officers were elected: W. McBurney, president; L. D. Mowry, vice-president; A 8. Johnston, treasurer; Geo. E. Bogga, secretary; B. A. Kinloch, medical officer.' On "motion, lt was Resolved, That we cordially endorse the plan and objects of the "Lite Association,'* and re? commended lt to the confidence and patronage of the people of our State. Resolved, That the president be authorized to appoint each standing committees as may be needed. ' . It having been brought to the attention of the board that certain interested parties bad endeavored to circulate a report ?bat the Policy-Holders' Assurance company had "fail? ed," a committee was, on motion of Mr. C. F. Panknin, appointed to take the matter Into consideration. The committee, consisting of Messrs. Panknin, Almar and Barker, after? wards offered the followlog resolution, which was unanimously adopted: Resolved, That the board takes this occasion to contradict a report that has obtained circu? lation in the State and city, thal the Policy holders' Company had failed, and to say that such a report ls rniirelv untrue. That E. W. Bryant, Esq., of New York, consulting actua? ry, who was sent to this city by the Life Asso? ciation to examine the condition of tbe com? pany before concluding the contract of rein? surance, pronounced lt to be In a sound and healthy condition, and promptly confirmed the contract wbloh reinsures every polio v of the Policy-holders'Company In force, and gives each policy-bolder the same dividend for the current year tho association ls paying toils own members. The Policy-holders' Company has turned over to the association assets, at cost, $92,652 26; at market value, $72,340 98, sufficient to provide for all Its liabilities, ad Justed and unadjusted, to reinsure all Its risks and besldeB a surplus In cash of over $6000. In point of fact, the only reason which lu 1 fluenced the policy-holders to consent to the (majun was the depreciation in State securi MUD ra mw i.v v^?...yi s .-- -j _.--j ed to Invest, and the large prospective taxa? tion by the State and city equal to four per cent, upon the assets ot the company, winch were calculated to hamper future operations. GEORGE E. Bocas, Secretary. N. B.-The attorney of a department 1J not elected by Its board of directors, but ls ap? pointed by the board at the "Home" office. Colonel Slmonton bas long held the appoint? ment of attorney for the company In this city. Hence no recommendation was made by the board to-day In regard to the appointment of such officer. EXAMINATION AT THE WIDOWS' HOME. A large number of ladles and gentlemen as? sembled at the Confederate Widows' Home, Broad street, last evening, to witness the ex? amination of the classes and distribution of prizes prior to the closing of the school for the summer. The exercises of the evening were opened by music on the plano from some of the young ladles of the home. Next followed dialogues and recitations In French from the first four classes, under the manage? ment of Madame Girard, interspersed with vocal and instrumental muslo, In all of which the young ladles acquitted themselves In a manner highly creditable to themselves and their instructors. The following prizes were awarded, and presented by the Ber. 0. s. Vedder with appropriate remarks: For proficiency in composition, Cowper's complete works, to Miss Mary B. Snowden. First class, for first position, a volume o? Il? lustrated poems, to Miss Annie H. Smith. Second class, first prize, a copy or Tenny? son's poems, to Miss Marlon Thompson. Sec? ond prize, a copy of Shiloh, to Miss Mattie Elfe. Third class, first prize, a copy of Gray's poems, Miss Mary Simpkins. Second prize, Parnell's Hermit, Miss Lizzie Prentiss. Division B, first prize, 3torles for my Chil? dren, Miss Mary Snowden. Second prize, Hans Andersen's Story Book, Miss Florence La Roche. Fourth class, first prize, Girls' Own Book, "Miss Victoria Nowell. Second prize,' the Black Ship, Miss Julia McKelvey. Third prize, Girls' Own Book, Miss Mary Legare. Fifth class, first prize, a fan, Miss Marcia Whittaker. Second prlz9, a fan, Miss Sarah Nowell. Third prize, picture card. Miss Agnes Moffatt. Fourth prize, picture card, MISB Mary Toomer. Captain S. Y. Tupper presented prizes to the following young ladles for proficiency in wrl 'ting : Misses Besale.Croft, Virginia Muldrow, Estelle Muldrow, Lena Parker, Adela McKel? vey, Sallie Woodward, Mary Snowden, Carrie McKenzie, Carrie Sams and Lizzie Prentiss. After which the guests conversed awhile and then dlepersed. Professor Frederick Por? cher bas been kind enough to deliver a course of thirty-three gratuitous lectures, daring the past term, on English literature and the his? tory of South Carolina, and bas promised lo renew them at the next term. DEATH OF BISHOP VANDEBHOBST.-Bishop Bobert M. Yanderborst, ot the Colored M. E. Church of America, died yesterday, at his residence In this city, after a long and painful Illness. Bishop Yanderborst was a native of this city, and born, in 1814, in slavery, but, obtaining MB freedom some years before the war, he devoted his life to the ministry of the M. E. Church, and, after a long period of ac? tive, zealous and efficient service, he was or? dained a bishop about eighteen months ago by Bishop Pierce, of Georgia. He was well known in the city, and exerted great influence for good among the colored people. He was a man of true piety and marked talents. His funeral will take place this afternoon, at the Bethel M. E. Church, corner of Calhoun and Pitt streets. THE PLANTING INTEREST. THE WORM AND THE CROWS. Account* from Planton and tho Press. The following extracta from letters received by different lac to rs in thia city are of Interest: MONTICELLO, 8. C., Joly 16,1872. Hold on to my cotton, as the wet weather ls raining the growing crop. It has rained here every day for two week, and ls still cloudy with signs of mote rain. The corn crop ls the best we have had since the war, and with no freshet in the water courses] there will De an abundant supply made. . OCALA, FLA., July li, 1872. Have carefully examined my cotton to-day, as I leave home to-morrow. Could find no caterpillar. I am not anxious, as dor crops are yery floe, and will begin to pick earlier than for years. CHRIST CHURCH, July, 16, 1872. Can flod no caterpillar in my cotton: de not hear of them with my neighbors. JOHN'S ISLAND, July 17.1872. No caterpillar with us. . Crops very fine. EMSTO, July 17, 1872. Have searched for caterpillars in my cot? ton; lound none. Have beard of tnem on the leland, but do not know ll true. ??JOT The Hains and the Crops... ... ... The Sumter News says : " The rains ha^e been abondant In this county, recently, and the crop? In consequence are imported to be in superb condition, lt no unionseen contin? gency in the shape of caterpillars, boll-worms, Ac, occurs, the harvest will be more remun? erative than for years past."'' '"' '?' ? " . The Abbeville Medium says: "Abundant rains have come at last,.and all sections ot the district baye been la. jred with the refreshing showers Indeed, th? fear begins to be en? tertained by the farmers that there will be too much rain lor the cotton, producing a rank growth ot weed at the expense of-matured bolls." . . ? - The Edgefleld Advertiser says : "The cotton and corn crops in Edflefleld at this time ara more promising than ever heretofore- known. In fact they are all that heart could wish. And we defy any section of the cotton belt of the United States to show finer crops thou oura." TheSpartanburg Spartan says: "The rains In this section tor some ten days past have been copions, and the crops are very promis? ing. Weidar, however that upon the Pacolett and Ty ger Hivers some damage has been-done* by the high waters. Captain S. a Means, who lives on the Tyrer, informs ns to-diy (Mon? day) that his low grounds are covered with water; we also hear that the bottom ian-. - on Pacoktt are covered to a considerable excent. If the rains above have not,, however, been unusually heavy we hope the water wal soon ran off without doing mnoh damage.'' . The Newberry Herald says: "we learn that rain has been abundant ail over the county, and that cotton and corn are looking beau tl lui, but that the showers continue in some places ' to the detriment of the crops, owing to the rapid growth of grass, against which, toe" farmer cannot well contend. A late fall sea? son, should the caterpillar and the worm ana the weavll not interfere, we trust will-bring our suffering people relief." . (1>? . Crop Reporta by Te le g rap li. CHICAGO, ILLINOIS, July 18. ' The crop reports from Central Wisconsin promise well. The small grains,' with the ex? ception of spring wheat, will return a full average. The crop of spring wheat has been badly damaged by drought and the chinch bug. The yield will be light Corn shows well, but rain ls needed to Insure a good crop. WHEELING, WEST VIRGINIA, Joly 18. There was a heavy rain, with great damage' 'o the Pittsburg, Wheeling and Kentucky Railroad. The streets were flooded the great? er part of the day. HUNTSVILLE, ALABAMA, Joly 18. The rain bas damaged the crops. The bOt tA?. loo/in nrora SMBjaMSjefl ?? ? ..., |-.f ' A WELL-MA ITA OED COMP ANT. Southern Life Insurance Company, Memphis, Tenn., and Atlanta; Gs. Below we insert a paragraph, clipped from the Insurance Times of New York, edited by Stephen English, Esq. We are pleased to see in so influential a periodical a recognition that the business of Insurance can be managed with as great skill and fidelity at the South as elsewhere, and a disposition at last to do Jus? tice to this company : SOUTHERN LIFE, MEMPHIS. '? Weare glad- to learn that the honest and Judicious polloy pursued by this company la producing moat satisfactory results. It has gained the confidence of the Southern people by establishing Its business on a solid basis of ample capital, and bas become the most flourishing lue institution in the South... Its able and spirited secretary, Ben May, Esq.. took onr strictures in good part and instead of shutting his eyes to the troth, corrected the errors of the early management and piloted the enterprise into a safe and legitimate chan? nel. He enjoys great popularity In his section, and his perseverance, devotion, and ability .mit!? him to the thanks of every friend and member of the company. We are delighted, to record the improvement and prosperity of this Institution of the South, and trust that other companies In that sunny clime of. chiv? alry will emulate Its. example. When they. have done so, we shall be delighted to do them. Justice.- Insurance Tunea, Ii.x., July, 1873. The above, from the pen and quarter so lit? tle given to improper commendation, la enti? tled to due appreciation, which lt receives, from the management of the company. It la quite a compliment to this company to beset forth in so conspicuous an Insurance journal "as the most flourishing life Institution of t ie South." We can certainly give'to the South? ern Life our hearty endorsement as worthy of the confidence of the people and doing a most successful business. The agent of the com? pany, In Charleston, ls Mr. Eben Coffin, of No. 31 Broad street m , - , , . ? - THE WEATHER THIS DAT, - WASHINGTON, July 18. The conditions are favorable for local raina lu Virginia and North Carolina; rising barome? ter and pleasant weather will prevail lu the' Gulf States on Friday. BOAT BACE ON SATURDAY.-A boat race will take place off the Battery on Saturday after ! noon next, at half-past six o'clock. ' The coarse will be three-quarters of a mlle from the White Point buoy to ? point opposite the Bathing House. The following are the ' boats entered with their respective crews: Rosa-Coxswain, H. DeSauBsnre; stroke, 5V Parker, W. Lesesne, DeSaussnre Parker, and' H. Bull, bow. " Carrie-Coxswain, J. E. Cay; stroke, H$B. j Bose, John Boper, Louis Chisholm; E. P. Boss, I bow. Little Belle - Coxswain, M. Dougherty: stroke, E. Dougherty, W. Hughes, D. Hughes; J. C. H. Wilson, bow. The race will, without doubt, be quite as ex- ' citing as the last, if not more so, and will at? tract large crowds to the Battery. Hotel Arrivals-July 18. PAVILION HOTEL. James Harper, J. L.-Toroer, Hngstree; W. A. McGee, Effingham; E. McC. aarkaoa. Gadsden; H. C. Lancaster and wife, Wide? Awake Landing; A. J. Atkins, Cowards; R. Williams, Leesville; T. M. Creecy, N. E. Rail? road; M. J. Jones, Graham's Crossroads; Ju. 0. Meredith, Newberry; James B. Sparkman, Jr., Georgetown. CHARLESTON HOTEL. Ralph R. Osgood, Troy; 8. jointing. Wil? mington; Clara E. Chambers, Savannah; W. Stevenson, Aiken; Wm. Hone,' D. Cox, E. Dukes, R. Bradley, Savannah; Rev. B. F. W. Perry, Camden; J. H. Burkhalter, Wllliston.