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 RAILROAD CASE. END OF THE EVIDENCE IN THE G RE A! BANKRUPTCY CASE. The Testimony of Expevts as to the Value of t>c Grenville Road-Capi? talists Heady to Lease lt for Ninety Tears and Guarantee Its Whole Debt. The bankruptcy proceedings upon the pe titlon o? Daniel ?. Scannel, ot New York:, in re. the Greenville and Columbia Railroad Company, were continued yesterday morning in the United Slates District Court before Judge Bryan; Messrs. D. T. Corbin and Geo. D. Bryan appearing for the petitioner, Messrs. A. G. Magrath and C. D. Melton and John T. Rhett, of Columbia, lor the railroad company, and Messrs. Porter & Conner, Slmonton & Barker and John D. Pope, ot Columbia, for various creditors. The first witness called was Mr. Wm. A Courtenay, wno, In reply to questions by Judge Magrath, testified that he was a direc? tor of the Greenville Road for two years, In 1868 and 1869. Believed the road worth more than Its legal bonded debt. Was familiar with the property of the company. Since he had left the direction bad understood that large Issues of bonds bad been made Improperly The road would easily carry a debt ol $2,500, OOO. The business ot the road ls entirely local In Its character, derived from the country through which lt passes. With the returning prosperity ofthat country Its business lr son stantly and steadily Increasing. In 1869 that Increase amounted to $70,000. The sources of Ita business will-be constantly developing more and more. The new roads now pro? jected may be made tributary to the prosperity of the Greenville and Columbia road ? under Its proper management. He considered the value of the Greenville and Colombia Road was an increasing value. The Air Line Rall road In some features may be made tributary, to the Greenville and Columbia road, and lt Is possible that at one or more lesser points lt might draw freights In small amount away from it; but, surveying the whole situation, the Air Line would, be thought, fled large lines of freight offering to and from depots in South Carolina, via the Greenville and Coluro bia Road, and its construction would be a gain. CroeT-examlned by Mr. Corbin: WaB a di rector of the South Carolina Railroad Com pany. Approved ol the purchase of the Oreen ville road because he ?nought lt a good pur chase. The cost of running a road was generally fifty to Blxty per ceci, of Its earn logs. He had known roads where the Income was entirely absorbed. Vhe cost on the South Carolina Railroad waa about Blxty per cent The Interest on its debt was unpaid by the Greenville and Columbia Railroad Company from 1866 to 1868. Thought that since 1866 the Interest had been punctually paid until stripped by the ring. Mr. George A. Trenholm was next called by tlye defence. He testified that he waa a di-11 rector of the South Carolina Railroad Cern- i pany. In May, 1871,'be had bad occasion to c examine carefully the affairs of the Greenville t and Columbia Railroad Company. Believed \ its property to be worth fully $2,500,000. Be- a lleved it would be very cheap at that. There t are two ways of estimating the value of a t road. One is by Its cost. The road ls 164 r miles long, and lt could not have been laid 1 for less than $2.200,000, and the rolling stock t must have cost $300,000 or $400,000. That v would make it worth fully $2.500,000. Look? ing at lt In another aspect, the minimum In- t come of the road should be $450,000. He be- p lleved lt would soon exceed $500,000. Allow- c lng 60 per cent, of this to go for expenses, f which ls a liberal estimate, there would still l be enough left to pay a good Interest on t $2,500,000. He owned a large amount of g the stock of the company and had recently had a chance to sell lt at $2 50 per share. Had t refused the offer because he still thought the t stock good property. Believed tbe^oad bad 1 been grossly mismanaged, but should be pro- t mable. Had always regarded the business ol j the Greenville road as being different from that of other roads In this State. The others are links in great chains o? transportation and depend, critically, upon the combinations of other roads. . The business ol the Greenville road, on the contrary, ls local, domestic and agricultural.- It ls dependent upon domestic I business and stimulated by the prosperity of the country through which lt passed. Believed i j its prospects were then better than they had | E ever been before. He had never considered that the non-payment o? dividends by the J Greenville and Columbia Railroad Company p was a loss to the stockholders or v, to the State. They had not been much Inter- d ested In getting dividends, and the State ant G at all. If (the road being honestly managed) n there was no surplus to divide, after the pay- a ment of the ordinary expenses, lt showed * that the transportation had been done for the c mere cost of doing it, and that was the ob- b Jectof the road. If the Sjate got dividends, ? the money which thus came into the treasury would simply be taken out o? the pockets of a the people of the State. The people cared * less for dividends tban for economical trans- q portatlon. The road cost $3,100,000, or $3,200, o 000. Of that the people of the counties 11 through which It passed did not contribute jj more than $500,000. Therefore, by doing a without dividends on their half million, they t< avoided paying dividends on the remaining J two and a half millions. He did not think that ? was by any means a c:'terlon of what could BI be made out'ot the load. Roads running j? parallel to the Atlantic could never compete c, successfully for carrying freights from the h South to New York with roads running direct- ?J ly from the interior to the seacoast, because at sea they get three miles ot transportation I lc lor the cost of one mlle on land. He did not | B think lhat the proposed Air Line Railroad conld Interfere with the Greenville Road. J ? The latter road depended upon the counties |e through which lt passed, and they are now In a prosperous condition. The $2 50 per ?hare ? that he was offered for his stock represented fi ihe market value of the road over and above 1 all liabilities. Another circumstance affecting d the value of the road, is the fact that iron had t risen during the past twelve months one hun- C dred per cent, in price. Tne road could not 8 then be built for twice the money that lt orlgl- i nally cost. He would say without hesitation that the Greenville and Columbia Railroad ^ Company could easily carry a debt of $2,500,- (. OOO. ? Cross-eiamined by Mr. Corbin: The ele- ? menta that would enter Into an estimate ot the value of a railroad put up at auction would be the paine as In the case of a house. He would first see how much lt would take to put lt In perfect order, and second whether the assured income of the property was suffi? cient to pay a reasonable Interest on the whole o Investment He did not know that the rall- J r#ad bad ever paid any dividends, and Its j market value, therefore, depended upon the ? strong conviction that everybody had ol its ii Intrinsic value. Money in ibis State, since the war, had been worth about twelve per cent., but there were many Investments which had been much sought after that did not pay any? thing like that. He had been a stockholder for many years. Had taken some or the origi? nal stock, and had bought some ginee. He thought the prospecte of the road in the luture were very good, If lt were let alone. Owned no bonds ol the road. Thought its first mortgage bonds worth about fifty-two or fifty-three. Before the State interfered they were worth seven? ty-two. Then the State endorsed the second mortgage bonds and gave them precedence over the other, and they all fell together to the level ol the State bonds, which were then worth about fifty cents. The value of a rail? road was not what it would bring In the mar? ket. As, for Instance, the parties In New York who recently bought bonds of the road at twenty-five cents on the dollar (If that sale were valid) could afford to offer more for the road than those who would have to ray cash. He did not think that if the road should be put up at auc'.lon. in an assignee's sale in bank? ruptcy it would bring anything like its full value. The stockholders would not be Did? iers at all because they do not know how much the debt is. No one could enter Into competition with the second mortgagees, and if they were allowed to bid there would be no uher bidders. Colonel C. H. Slmonton was next called as i witness for the defence, and testified that ie attended a meeting of bondholders of the greenville and Columbia Railroad Company, which was held at Columbia last month, and it which Dr. J. L. Neagle offered lo take a ease of ihe road lor ninety-nine years, put lin thorough repair and guarantee to pay :he Interest on the whole debt of the road, ilsputed and undisputed. This offer was guaranteed by Mr. Branch, of Augusta, whom ;he witness knew very well, whose credit stood very high, and whose guarantee would be taken for a very large amount of money. He was of the firm ot Branch, Sons & Co., a House which had very large transactions in Richmond, Petersburg and Augusta. Another gentleman lu Columbia had told him that the Wilmington, Columbia and Augusta Railroad company stood ready to cover that offer at toy moment. The defence here rested and tho peti Honers recalled Colonel J. C. Low, the chief engineer )f the Blue Ridge Railroad Company, who .estlfied that the average cost of running the 'allroads In the United Sutes was about sev? enty per cent, ci their earnings. Southern -allroads could be opemed cheaper than .Vorthern roads because of the decreased imountof fuel required and the absence of ie vere frost and heavy storms. Thought sixty )er cent, was a fair estimate for the Green Mile and Columbia road. Did not agree with dr. Magrath that it could be run for fifty per cent. This closed the testimony on both sides, and Jr. George D. Bryan proceeded to the argu nent for the petitioners. He denied that he tr his colleague, Mr. Corbin, was acting lu he Interests of any combination of parties vho wanted to get the possession of tie road, tad said they were ?Imply there to represent heir clients, the petitioners. He then argued hat the United States District Court had the lght of jurisdiction In the case, notwithstand ag the position ot the pending litigation In he State Courts; that the railroad company rae a commercial or business corporation, flthln the meaning of the bankruptcy act; hat the coupons for Interest on Its bonds, layment of which had been suspended, were ommerclal paper; that the road was, there ore, Insolvent, and that, since the fact of nsolvency, the company had made payments o certain of Its creditors with the effect of [Ivlng them a preference over other?. This argument accupled the remainder of be session ol the court, and, at Its conclusion, he case was adjourned until Tuesday morn ng. at which time Judge Magrath is expected o make his argument on behalf of t he com inny. _ __ THE LATE GENERAL EASLEY. Tribute of Respect to hi? Memory. At a meeting of the Greenville bar, held on be ! ctn, for the purpose or paying a tribute 0 the memory ol General Easley: On motion of James Birnie, Esq., Governor t. F. Perry was called to the chair and James '. Moore, Esq., requested to act as secretary. The chairman, in a few touching remarks, tated the object of the meeting, wnen T. Q. donaldson, Esq., introduced the following reamble and resolutions, In a speech replete rlth an eloquent tribute to the memory ol the e ceased: It bas pleased the Almighty to take from us leneral William K. Easley, a distinguished ?ember of this bar, In the prime of his life, nd is the midst of his usefulnsss to society nd his country. Appreciating the deceased s we do for bis talents and noble traits of baracter, lt Is proper and becoming the mem ers of the Greenville Bar that some public zpresslon of their great bereavement should ie made. General Easley was endeared to all of us as 1 friend, a companion and a brother lawyer. Ie was a gentleman of honor aud patriotism. Hs talents were ot a blgh order, and his elo uence thrilling and captivating. He was not hly learned lu his profession, but well read i history, the sciences, and polite literature enerally. He was kind, benevolent and ubllc-splrlted. He was true to his clients, nd true to his friends and country. His loss i his family and to the public ls irreparable. Hth his brilliant talents, ability and purity of haracter, he could have filled any position rlth honor and distinction. Few men pos? sesed lu so eminent a degree as he did ihe ower of attracting lrlendi to him, and his ?lends looked forward to the time when they ould plao bim in a position which would give Im a national reputation, and a field for tue leplay of those great qualities whlcn he pos BM6Q But we, the members of this bar, mourn his iss as a companion, a friend and brother, [ls clients wilt regret bim as a lawyer, and ie community as a public-spirited and pure llndcd gentleman. As a testimonial ot our espect tor bim whilst living, and our rever nce for his memory now that be ls dead, be It Resolved, That we wear the usual badge of nourning for one month, and that a copy of he proceedings of this meeting bo sent his imlly, and published In the newspapers of his city. Resolved, That the chairman of this meeting o present these resolutions to his Honor, ac he next term of the court for Greenville ?ounty, with the request that tne same be pread upon the mlnuies of the court. The resolutions were seconded by James lirnle, Esq. Appropriate remarks were then made bv ames Birnie, Esq., Colonel E. P. Jonen, John 7. Stokes?, Esq.. Captain W. E. Earle. Captain 1. G. Wells, Walmer Symmes, Esq., A. Myth*, Esq., I. Walter Gray, Esq., aud Colonel f. F. Townes. The preamble and resolutions were u~arii rjouBly adopted. On motion, the meeting adjourned. AN ACCIDENT, OF COURSE. ROCHESTER, July 19. A collision occurred on the Auburn brauch f the Central Railroad to-day. Tna following rere killed and wounded: Mri. Miles Curt ag. of Railroad Mills, and E. B. Smith, of De rolt, killed; J. Hawley and T. H. Harris, of anandagua, fatally wounded. Several others ijured. OMENS OF VICTORY. GRANT HUCKSTERING WITH FORNEY. Charles Sumner Declares that Grant will Carry Only Pour States-Schurz and Fenton Arming for the Fray. [SPECIAL TELEGRAM TO THE NEWS.] WASHINGTON, Friday, July 19. The details of the visit of Grant to Forney on Tuesday show that he attempted to huck? ster with that editor on behalf ol his own ad? ministration, and was seconded by three mem? bers ot his own Cabinet, and by several seDators and others. Very shortly after open? ing the conference, lt appeared that Forney and his friends would .not be bought up so loDg as the present Radical State ticket re? mains in the Held In Pennsylvania, and so lt transpired that no compromise could be made. The President and his advisers, however, ex? pressed the belief that, should the State ticket be defeated in October, lt could be saved to the administration in November, at which be? lief the old politicians here smile audibly. Carl Schurz ls prepared for an active cam? paign in Missouri. Senator Fenton has already commenced operations in New York, and ls warmly supported by ex-Senator Harris and other prominent old Republicans. Greeley sensibly refuses to ask bis (rienda to contribute money lor a campaign paper In Washington. Sumner will presently endorse Greeley In an ardross he ls preparing to colored voters. He affirms that Grant toill only carry Vermont, Massachusetts, Iowa and South Carolina. Many and indignant complaints from the merchants ol New York, Philadelphia and other leading Northern cilles ut Boulwell's leaving the treasury to engage Ia stump speaking, to the neglect of the public business which seriously affects their Interests. The matter Is the subject ol unfavorable editorial comment In the leading business papers. N. THE POLITICAL FIELD. Complete Conversion of Congressman Voorhees. TKRBB HAUTE, July 19. Voorhees, addressing his constituents upon accepting the Congressional nomination, gave his hearty adhesion to the action ol the Balti? more Convention. NEW YORK, Jtily 19. Tammany ratifies Greeley and Brown. CRACKS FROM GREELEY RIFLES. -Ex-Speaker Galusha A. Grow will soon take the rtump In Texas for the Liberal ticket. Mr. Grow ls president of a railroad dowu there. -The St. Louis Republican (Gre 'ey) de? clares that the anti-Grant movement has now passed beyond the control of those who guve lt a beginning. -The New Orleans Picayune, which could not abide Greeley, and suggested Mr. Bryan for the Presidency, has gone at last with the tide for Greeley and Brown. -The Oxford (Ala.) Chronicle (Greeley) says the "bush in the Radical party at this time ls ominous-it dreams of no defeat in Novem? ber." The lact ls the Radical party seems to have wrapped its martial doab: about lt and , laid itself down to pleasant dreams. -A correspondent gives the following rea? sons why he supports Horace Greeley for the Presidency: 1. Because he ls an honest man; 2. Because he ls a man of intellect; 3. Because be is a pure patriot; 4. Because he ts a maa of unflinching ateadlastnexs. to principle. -Allen Warden, of Darlington, Wis., who was a Lincoln P?evidential elector in 1864, and a Grant Presidential elector In 1868, in au ora tlou at Argyle, Wis., on the Fourth ot July, severed hlmaeli from the administration party and announced himself a supporter ol Horace Greeley. -Whoever wants to know where Forney's heart really is In this campaign, let bim read the editorial pages of the Philadelphia Press. 1 Not a harsh word ol his brother journalist has appeared there since he was nominated at Cincinnati. Th9 Press was never backward before In pouring vitriol on Its opponents' can? didate lor President. -Gerrit Smith declares "that the Demo? cratic party ls dead." Taree million voters ought to make a pretty lively corpse. Again', if the Democratic party be dead, what ls the u?e ol ibe Republican papers continually de- i daring that the present Issue is between tho Republican and the old Democratic party >. -During the recent Democratic invasion of ( Cbapp iqtla, lt ls related that George N. San- i ders, peerl?g cautiously around, asked Far- i mer Greeley If there were "any snakes about here'?" "There are.a few copperheads just now," responded the old farmer, "but tney are perfectly tame." This impromptu witti? cism created a roar ot laughter, In which the , Democrats Joined most heartily. -A Washington special dispatch says Ills i reported there that while In New York recent- i ly SenbUT Schurz had frequent conversations i with Mr. Greeley, and that the speech which i the former has "prepared for delivery at St. Louis was read tn the latter, receiving the i highest approval. It ls also Btated on the high- i est authority that Mr. Schurz will Include In his i Bpeech a letter from Mr. Greeley recently writ- i ten on the subject of civil service reform and i other critical questions, and that the letter was i written to Mr Sohurz himself. i -A Boston colored man, of Southern birth, I writes to the Post: "at last the blacks of this < broad land have a man to vole tor, whose j record as their friend und the friend of labor : ls unimpeachable. God bless the day when j the great Democratic party nominated the i man who dared be just and true to all-blacks ? and white alike-In spite ot opposition. Every i man of color who values hts manhood will i vote for Horace Greeley. At all events the i world may bet Its life that I will." A GREAT SCH?TZENFEST. j The New York and New Jersey Germans j Enjoying Themselves Together. The festival ol the United S3htttzen Associa- i lion of New York and New Jersey began on ; Monday, at. the society's new park at Union 1 Hill, New Jersey. The festival will continue 1 for five days, and le one ot the most Important ol its kind. Among those present are delega? tions irom Wilmington, Baltimore, Washing? ton, Philadelphia, Boston, New Haven, Hart? ford, Lancaster, Patterson, Camden, Trenton, Troy and Charleston. The Sohutzen Park ls the property of the United Schulzen Association. The estate com? prises about thirty-four acreB. Its recent pro- I prletor, Mr. Wright, lately a wealthy cotton 1 broker ol' New York and New Orleans, had < laid out the grounds with the most exquisite . taste. Shrubbery and luxuriant shade trees < abound on every side. The gravelled walks < are fringed with green hedges, rustic fences ' and stone walli-. The park ls hilly and rolling, i Here and there a green lawn, as smooth as a t carpet, breaks upou the view. All that ls most t picturesque in landscape gardening arrested I attention at every turn. Tne most consplcu- 1 otis object, on the ground ls the massive stone 1 bnlldltig formerly occupied us a residence by 1 Mr. Wright, It ls built like a Norman castle, I with squ> re towers, and turrets aud embattle- i ments. ?he outer walls are almost hidden by < a clustering mantle of Ivy. The Interior o? I this antique building is finished In the most I superb style. The vestibules, ceilings and I walls are Btudded with costly mouldings. The | Ho ors are laid with marble, and the panels are < all of the rarest woods. The late propr' tor t sold the castle and the grounds for one, un dred and fifty thousaDd dollars, and had re? turned to reside in England, hta native land, i The Sch?tzen Association has, with Unie labor, : turned the properly into a magnificent pleas- I ure park. An Immense dancing platform, with 1 a handsome root, has been built. Settees and 1 tables have been distributed promiscuously l about the grounds. Several refreshment l stands have also been bullr, and a more Invlt- t lng retreat is not to be lound In the country. | The shooting range ls two hundred yards in * length, and there are twenty-two targets. THE ORATOR OF THE 1>AT. A Glowing Trtbnte to the Eloquent M P. O'Connor; The New York Irish World, In its last issue, prints The portrait of the Hon. M. P. O'Con? nor, and accompanies lt with the following ringing leading article: The Hon. M. P. O'Connor, of Charleston, S. C., whose portrait ls given oa the first page, was the orator of the day at. the Baltimore Convention. The delegates by one universal acclaim yielded the palm to him ; and the press reporters present-whose duty It was to chronicle facts-flashed his triumph to all sections of the country. His was the only name that appeared in the New York Herald's bulletin given over the proceed? ings of the convention. He rose at the most critical juncture of the convention. He appeared on the platform to reply to the Bpeecb of Hon. Mr. Bayard. United States senator from Delaware, and the head of the reactionary element in the convention. The effusion of the mere rhetorician ls but the shimmering of a glass-a flash without force; but the outpouring of the true orator ls a flash and a hit. O'Connor's reply, writes the New York Tribune correspondent, was as remarkable for Its effectiveness as for its elo? quence. It was Indeed. His speech was a very torrent ol eloquence; and cheer after cheer went up as his word;, like a tempest of shot and shell discharged from along the whole line of his deience, Bent the enemy reel? ing In dismay, and swept all opposition before him. While deallnz out such herculean blows -while rioine the Democratic party's work (or rather tho nation's work) so magnificently this gallant young chieftain paused in his course, but only to apologize lor his tax upon the delegates' time. "Go on! go on!" was the response from all sides. And then in a whirl? wind of passionate sentences he caught up his entranced audience, and, soaring on eagle's wings, ascended with them high up above the region of local politics-high bp above the party Issues of the hour-up, up. VP above everything small and unmanly-un? til from thiB sublime altitude he directed their gaze out upon the great Republic-of which they were all citizens-from ocean to ocean ana from the Lakes to the Gulf- until the em? pyrean rung with cheers, and the murmurings of ^querulousness far down below were lost In the ringing echoes. "Here," said the orator, '.here ls the great Democrailc party to-day, wllh her glorious associations clinging to her name and ner cnaracter, here with the whole uatlon beyond and outside of her appeal? ing to her to lay upon the altar of a com? mon country all past antagonisms. We have nut come here to organize a move? ment for a single State or a Bingle section, but to organize a movement for tho salvation of the whole country." Those who know O'Connor knew he would make his Influence felt did he but get a chance. But the ques? tion was-where mero were some eight hun? dred tongues all loosed and ready to ring, and where, besides, the time was so limited would he get a chance 2 Other men went to Baltimore, old In thu ways of politics, and with followers at their back to applaud their sentences and to second their resolutions; O'Connor is yet a young man, 1B no politician, and was attended by no chums, or cliques, or rings. He stood upon his own legs-lie spoke from out of the fullness of his own soul-des? pising all made-to-order applause, and dis? daining the dictation of all officious prompters. His success was therefore the grander, as the fame ot his rising reputation promises to be? come wider and more enduring. We heartily congratulate Mr. O'Connor on his brilliant victory; we congratulate the Democratic party against whose disintegra? tion he fought so strenuously and so effect? ively; we congratulate Mr. Greeley, who had IQ Mr. O'Connor so single-hearted, BO pure, BO ardent and so chivalrous a champion; and, lastly, we congratulate our own people for having in the person of our orator so genu? ine a representative of a race which gave to the world a Curran and a Grattan, an O'Con? nell and a Burke-not oncer bot often-a race whose mighty tolls and sterling worth of mind challenge recognition-a race In whose veins courses the rea, warm blood that la to reinvigorate th? nation, give perpetuity to Democratic Institutions, and length of days to the Republic. . GREELEY AS A JOURNEYMAN. The While-Headed Lanky Boy who Stt Type tor mr. Redfield. The following letter appears In the New York Democrat : From 1831 to 1831 1 was carrying on the business ot stereotyping ot 21C William street, and most of the time was employing a great many compositors, not a few ol whom have since earned a large share of fame in the world. From the dayl of Franklin even to those of Greeley tho composing room has graduated Its lull quot a of t he men who have distinguished themselves In the history of the I country. Why shouldn't the Institution be 1 Incorporated, nave a fuculty, and the authority to confer degrees '>. Why snonldn'c lt make LL.D.'s as well as Old Harvard r It was In 1832 or 1833,1 think, that being at one time much in need of more compositors, 1 iBked those In the office to let the fact be known at t'-ieir respective boarding houses. Among athers who applied for work In response to < this call was a queer-looking chap brought in I by on? ot the hands in the office. He waa of < rather more than medium height; his hair was 1 ilmost white, lils face quite BO and entirely 1 beardless, and lie walked with a shuffling and i uncertain gait. He wore a very old white hat t ind fustian pantaloons which did not come t iown to his boots, and these completed a per- I jonallty which I had never before met with in : % compositor, and turning to Seymour, who t Drought him In, I inquired lt that fellow was a compositor. He replied, "He's a queer-look- i ing fellow, but they Bay he's a good workman." 1 Being too much In want of help to bo very i particular about the personal appearance of a t compositor, I gave bim a case and copy, and i you may Judge of my surprise when I tell you ( .hat his weekly bills exceeded by from thirty < to fifty per cent, those of the other compost- I [ors by his side who were on thu same work, t and what was equally remarkable, no matter t how rapidly he picked up the type with his An? tere, the stream of talk that rolled from his < tongue was never interrupted. He talked in- 1 cessant ly. When he made out his first bill I I learned, that lils name was Horace Greeley. I In those days be was a compositor, aud be was a good one. He bet type rapidly and I made a clean proof. When he was a young ' man be did his work well, and now that he ls < in old one, and there ls a big "take" ahead to jive out, I propose that we give lt to him. J. fl. REDFIELD. NEW YORK, July 10.1872. THE CENTRAL FARE MUSEUM. A New Collection of Fostila. 1 _ . 1 [From the New York Tribune.] Professor F. S. Holmes, of Charleston, S. C., | s arranging a large and valuuble collection of j fossils and specimens at the American Museum i jf Natural History, in tho Central Park. ? Among the ' Interesting specimens already on ? exhibition are the fossil remains of a mao, which were found in 1541, near Charleston. | rhese remains consist of the tibia, the femur j ind the lower jawbone. A foasll resembling \ i bunch of ostrich feathers; shark's teeth, six < ind one.quarier Inches lu length and weigh- - ng two pounds each; a mammoth's tootb, i neighing sixteen and one-baif pounds; a lzard's lower jawbone, two aud one-half feet oug, und u fossil oyater, twenty-two luches ong, ure among the curiosities of the collec? tion. There are also oue hundred glasB jars, containing specimens preserved lu alcohol. . Due of i hese ls a mammoth spider, whose Dite ls equally as poisonous as that of the ; rattlesnake. This specimen was lound at In? ?leside, Professor Holmes's plantation, near Dharleston. The shells ol the Southern coast ire well represented. The Professor had proposed to send the col lection to England, but lt ls boped that lt may ? ultimately be retained In the museum in the ' Park. The board of park commissioners and ;be trustees of the Museum of Natural History have made arrangements to erect new build? ings In the Central Park, between Sevent.y Qlnth and Eighty-tourtb streets, near Fifth 1 ivemie. PlanB have been prepared, and the construction ol the buildings will soon be be- 1 5un. The Verreaux collection, which was bought In Paris before the Franco-Germanic i war, bas been received in perfect order. i THE COTTON PROSPECT. REPOST OF THE AGRICULTURAL DE? PARTMENT. The Crops In Better Condition than In any Joly Since 1868. WASHINGTON, July 19. Toe following is a summary of the July cot? ton crop report of the statisticians of the Department of Agriculture: The paet month has been generally favora? ble to cotton. Slight areas have been affected by drought, but rains were quite general dur? ing the latter part ol June. On the Atlantic coast showers have been so frequent and heavy since July 20 as to delay cultivation, and promote the growth of weeds and grass. Before that date a season of comparative d rough t of seven or eight weeks had been suf? fered in a portion o? thia district, while other counties represent the weather as having been uniformly favorable. The variation In rainfall dnrlng the past month has been con* Biderable. In the Atlantic States lt ranged as follows at the stations reported: From 2 Inches to 4.95 In virginia; from 4.69 to 6.49 In North Carolina; from 1.4 to 3.95 In South Car? olina; from 1.25 to 4.96 in Georgia; from 4 to 6 in Florida, and from 1.55 to 4.89 In Alabama. In the States on the Mississippi the rainfall has been abundant. The lowest records in the several States being from 2 to 4 iocnep, and the highest from 4 to ll. In Tennessee the range ls from 2.64 inches to 10.63; lo Louisiana lrom 4 to ll; in Texas from 2 to 6; in Arkansas from 4.3 to 8.2, making an aver? age lower than 100. The standard of good crop condition are Vir? ginia, North Carolina and South Carolina, In which the average rainfall In May and June was light, and in Arkansas where injury han resulted from heavy and unseasonable rains In all the other States the averages are above 100. The figures representing condition are as follows : Virginia 96, North Carolina 94, South Carolina 97, Georgia 91, Florida 102, Alabama 1C6, Mississippi 109, Louisiana 103, Texas 105, Arkansas 96, Tennessee 104. Tak? ing into consideration the relative importance of the States In production, the general aver? age of the condition of the crop would be about 103. As a whole the Jul; return of the present rear ls a higher average of a condition than those of any previous report except 1868. Cotton Movement for the Week. NEW YORK, July 19. The tollowlng table shows the cotton move? ment for the week ending to-day: 1872. 1871. Receipts at all ports for the weeK. 234 10.8-8 Total for the year.2,692,878 3,762,554 (exports for tue weelt.. 6,706 18.063 Total exports for the year... 1,026,994 3,017,92. StocK ac all pons In tne Uni? ted Slates. 124,724 186.774 Stock at Interior towns. 9,718 16,208 Stock In Liverpool. 979,000 810,000 American cotton afloat for Great Britain. 360,000 so.ooo The Crops In Alabma. The Selma Times says: From all accounts the crops along the Une of the Alabama Central Railroad, the richest portion ot the State, look remarkably well, but the knowing ones Bay that the superabun? dance of rain has developed the weedB to a preternatural extent, and a close inspection develops the fact that-theeettoa le too loug lointedand not well Ailed; In fact, then 1B too much weed, which makes all the show, and too little square and joint. So let us uot be deceived by appearances. COMING HOME TO ROOST. Prosecntlen of Radical Rowdies Under the Kn-Klux Law. . RALEIGH, N. C., July 19. The trial ol Shaddock Jones, (colored,) charged with the Intimidation of Simon Gra? ven, (colored) a Liberal Republican, came off before the United States commissioner, Best, to day. Six witnesses were examined, and much Interest 1B exhibited by both political parties. The counsel closed his argument to? night. The commissioner reserved his opin? ion lill the opening of the court to-merrow. Four arrests were made In the conspiracy against the colored man Cross, and the case commences ut ten o'clock to-morrow. It ls generally believed that the negroes will be commuted under the enforcement ac). THE SARATOGA RACES. Bassett Again Victorious. SARATOGA, July 19. The first race was a sweepstakes ot fifty lollara each, aod one thousand dollars added JV the association lor lillies foaled In 1869, me mile and an eighth. It was won by Woodbine, Woodbine beating Merni by a nose. Lovely aud Ryder were fourth, but were jlaced respectively second and third, Merni >eing ruled out on account of crossing from ,he extreme outside and Impeding Wood? line on the stretch at the start. Time 2.064. Woodbine was backed at iwo to one against be others. The second race was for a puree of one housand dollars for all ages three miles. 3assett led for two and a half miles, with Littleton lapping him for most of the (Us? ance, when he escaped two clear lengths as hey passed the half mile post, whlcu Littleton ilosed up again In the last lum aud challenge id Bassett lor the lead as they came up to the lome stretch, Bassett answering gallantly, md winning by a couple ot lengths. Time ?.43J. Tne third race was for a purse o? six hun Ired dollars for all ages one mlle and a qnar? ie r. Tubman won, beating Gayplane four englbs. with Foodsade as third, one length jehiud. Time 2.17*. John Harper says lhat should Longfellow inly recover and be flt to race again, he would not let him start another race lt he was certain of winning ten thousand dollars. THE MEHRT S1FISS BOTS. GENEVA, July 19. Great precautions are being taken by those :onnected with the Board of Arbitration to secure absolute secrecy. With thia view the andre party ot English representatives refuse to go Into any secrecy. A number of Influen? tial gentlemen of Italy have united In an ad? ir?es to Count SclopiB, the president ol' the board, congratulating him upon the part he Has taken In the proceedings of that body, ex? pressing meir gratification that the dispute between Great Britain and America has been submitted lo the decision of a peaceful ITIJU aal. There was no session of the boird of arbl iratlon yesterday. To-day's session lasted from one until lour o'clock. All the members were present. To-day was devoted to the nutation of the responsibility of England, which Tenterden denies. The court adjourned Lo Mouday. RAISING THE WIND. WASHINGTON, July 19. Probabilities: A local etorm o? some severity s apparently moving noribward io Louisiana ind Alabama. Cloudy weather, with numer sus local storms, ls probable for Saturday throughout, the Southern and Gulf States. Light winds, and cool, pleasant weather will prevail nor:h and east of Ohio, and falling Darometer, and Increased southerly winds, will prevail north of Indiana and the Missouri River. SPARKS FROM THE WIR1?S. -It ls reported that the British parliament will be prorogued on August 10. -A party ot English settlera ape about to lorm a colony In Minnesota. -The steamship Clyde, which was ashore, jot off at high-tide, yesterday, aryd went Into lock. ATTEMPTED ASSASSINATION OF THE KINO AND QUEEN OF SPAIN. A Scene ot Excitement-The Royal Pair Unhurt. MADRID, July 19. At midnight last night fae carriage of the King and Queen waa fired apoo by a party ot assassins. The King and Queen, who were the only occupants of the (?rriage, escaped uninjured. One of the assassins was killed by an attendant, and two were captured. The J royal family are now at the palace receiving j the congratulations ot the populace upon their narrow escape. The tranquility ot the city ls undisturbed, although when the accounts ol the affair began to be generally circulated there was much excitement. Crowds gathered in the neighborhood where the attack had been made, and by four o'clock ia the morn lng almost the entire population of Madrid ' was bastenlng through the streets. Their Majesties remained self-possessed during the scene of excitement which followed the at? tack] and the brief conflict with the assassins. When quiet had been in a measure restored they proceeded to the palace where they now are, receiving the members of the mi a ls try, the olvll and military authorities of the city and deputations from the Pope. All -classes are enthusiastic in the rejoicing over the failure of the murderers' attack* TOOMBS AND COFFEE FOR TWO. The Heady Reply of the Bellicose Brown. ATLANTA, GA., July 17, 1872. Editors Constitution: As General Toomba has thought proper to appear again in print before the public, while a personal Issue was pending between him and me, I have a very simply reply for him. In his card, dated the Il tb instant, and published on the 16th, be re? fers to me as resorting to the usual dodge of i vulgar poltroon. Tale man, having been branded by me as an unscrupulous Uar, fancied, perhaps, that he had sufficient courage to defend his personal honor, or, perhaps, he thought be could safely play the rolo of a bully. Accepting, there lore, the position of the Injured party, and feeling no little concern about my church re? lations, he sent a friend to meto inquire Iff held myself amenable to the code ot honor. I replied a? follows: Colonel J. C. Nicholls entered my office, on ? the morning of the Oth instant, and said, desire to see you a moment privately," when the following conversation occurred: Nicholls. "I have come lo behalf of Gene? ro l Toomba to malte an inquiry of you." Brown. "Well, slr, I will hear you." Nicholls. "On account of your ch uren rela? tions, General Toomba does not know whether you hold yourself amenable to the code, and while I admit this is an irregular proceedlug in behalf ot General Toomba, I make the In? quiry." . Brown. "It seems to me tbls coarse ls ex? traordinary. General Toomba bas notblng to do with my church relations. If he desires to send me a communication, I am ready to re-1 celve it at any moment. I bave conferred with a friend who does not reside In Atlanta, but I will telegraph bim at once and respond to a communication If made, after referring it to him, without unreasonable delay. Are you General-Toombs's friend in this matter?" Nicholls. "I am not in that sense. I expect to bave nothing whatever to do with the mat? ter. I only come to make this Inquiry, at General Toombs's suggestion. He may desire I a little time, aa he will bave to get a friend who resides out ol the State, for ne does not1 [ wish to complicate his friends In the State." . Brown. - - I shall not. trouble persons out of | the State. I have a friend lu the State who will serve me." Nicholls. "I would like to know whether you bold yourself bound by the code ? Brown. "Say to General Toomba distinctly that I am ready to receive any communication that he desires to send, and lt I don't respond properly, he knows his remedy." Nicholls. "What I have done in this in- j stance ls simply an act of friendship to Gene? ral Toombs, because be requested it. I expect to take no part In any unpleasant affair between you and bim." Brown. "Say to General Toomba I bold my? self ready to give him any satisfaction which may be due him. or to which he ls entitled asa gentleman." This language Is In General Toombs's posses session In writing over my own signature. To be certain that he received lt as uttered, it was sent to him on the 10th, alter he lett Atlanta, by the first express to his home at Washington. This code-of-honor gentleman left Atlanta on the day after this language was uttered. He responds in the newspapers. I leave the public io Judge who ls the poltroon, and whether General Toombs preferred newspaper artillery to heavier metal. JOSEPH E. BROWN. Why Toomba did not Challenge Brown. ATLANTA, July 18. Governor Brown's card has produced much excitement, and it ls reported that Colonel Nicholls will publish a note charging Brown with having misstated his language. It ls also reported that Nicholls 1B Impressed with the belief that Brown wanted Toombs to chal? lenge him tor the purpose of bringing upon bim the penalties of the law agalast duelling. This Is the reason that Toombs did not chal? lenge him. Brown's friends deny such an In- j tentlon. Apprehensions are expressed thal lt would lead to trouble between Nicholls and Alston. The latter, with James Gardner, of | Augusta, are representing Brown. Inquiry has failed to ascertain the truth of the report, 2ut doubtless the difficulty between Brown nd Toombs has assumed a grave aspect, and political circles are much excited over the probably hostile meeting. THE KU-KLUX WAR. Arrest of Edgefleld Men. The Columbia Phoenix says: "United States Commissioner Boozer had before bim on Thursday the following citizens of Edgefleld, arrested nuder the BO-called Ku-Klux act: Thomas W. Blease, Dr. W. B. King, George Turner, William Terry, J. O. Hamilton, B. S. Towles, J. L. Terry, James P. Merchanr, Mack Smith? Sumter Turner, Jesse Biddle, D. A. J. Beel, Wm. Wheeler. The prisoners were rep? resented by Major James M. Baxter, ot New? berry. Waiving an examination, they were balled in the sum of three thousand dollars each, to appear at the special term of the Uolted *t&iez Court, which convenes in Columbia on the first Monday in August. They were confined In the Jail at j Newberry on Wedoesday night. This was par? ticularly'galling to at least one ol' them, who was for four years a Conledeiate soldier, and ?ad never seen the inside of a guardhouse. The charge against them ls a violation of the onforc-unet act, on the 31st of December, 1870 -nearly two years ago-the actual crime, as let asserted ; being the riding on a rall of a dis? orderly colored man. Commissioner Boozer, n e are assured, acted promptly and consist? ently lu the matter. The prisoners are under obligations to Mr. C. B. Franklin for courte? sies. It is understood that Judge Rives will occupy the bench with Judge Bryan during the pending trials." The Last Prisoner In York ville. The Torkvllle Enquirer says: "On Friday last, P. S. WeDber, ot Union County, who had been In jail for several weeks, was released on ball. He was the last alleged Ku-Klux under confinement, and with the exception of IC. B. Sepaugb, the jail is now empty of mili? tary prisoners. Sepaugb ls under conviction, Mut was remanded to che Jail of this county, pending the proceedings in bis case, he hav? ing prayed an arrest of judgment." A Ku-Klux Prisoner Dies In Jail. The Torkvllle Enquirer says: "Through a letter received by a gentleman of thia place lrom the assistant-superintendent, we learn that Hezekiah Porter died In the hospital of the Albany Penitentiary on Thursday last, 11th Inst. Gorier was one ol the persons sentenced to the peoiiarvtrom this county on the charge of ISu Kluxlng, and died from spinal meningitis. In the letter referred to, the superintendent mentions that all the other prisoners from South Carolina are in good health." THE BOGUS ?1CBJJE5. A LAME INVENTION OF THE ENEMY. Pickett'? Trumped-up Chariten Against Jeff. Davii sad Judah Benjamin. WABBINOTON, Joly 19. A person signing hlnioelf "J. T. Picker . Confederate States diplomatic agent near tn*. Government of Mexico," publishes a long let? ter In explanation of his connection witta the transaction whereby the United States paid seventy-five thousand dollars. Pickett claims to have acted merely as an attorney. He says: "The documenta constat o? the entire archives of the Department of Btate of the Confederate States; nothing more nor less, without the abstraction o? a single piece. The Beeret service vouchers by Which many persons, ot little note, however, on thlsr slde of the line, might have been compromis? ed, did not leave h lc h mond with loose more public papers, but were laithfully and honora? bly destroyed by Hr. Benjamin on tho day of the evacuation. Had aoy such Sapere come into my possession, I should ave been burned at th? stake sooner than deliver them even to the common govern? ment. Thus I do not perceive that a ny body ls hurt, and there ls but one paper, the peru? sal of which gave no one palo, viz., the Bon. Jacob Thompson's report of the operations orr the frontier, Ac, the existence of wnloh waa unknown to me until the officer witta whom I lately went to Canada found lt. as be would testify, If .called upon. It was too late theil to recede; nor could I have been Induced to fill-' alfy history by destroying lt;" and here follows a curious episode: "Knowing that the docu? ments exhlblied the fact that Mr. Thompson had avery large amount ol Confederate Slates gold lb his possession atibe time of the col? lapse, which gold has gone where the "wood? bine twineth," I wt-nt on a lqngjournay, last summer, to see bim, and, out of abundant kindness, told bim of the fact that snob papers were still extant. He would noibe convinced, saylog that Mr. Benjamin bad told him that everything of the kiud had been destroyed, and I dare' say he was BO Informed and believed; this being manifestly the cue of that wiley Hebrew, In order to share In the plunder aforesaid. Now, inas? much as the Con ie de rate Government was in* debted to toe writer In the amount ot at least fifty thousand dollars of that gold on liquida? ted accounts, he (the writer) felt virtually in? dignant that Messrs. Thompsou and Benjamin should have gobbled lc all. By Mr. Tnomp son's permission I afterwards addressed him on the subject, in toe hope that he would make an effort to' secure the entire mass' of documents, but he treated my letter with of? fensive silence. Now the publication of bis report will, doubtless, cause him, with Jeffer? son Davis and J. P. Benjamin, to feel uncom? fortable for a little while; but, as I expect to goto neltner of them when I die, my sympa? thy ls not ol a heartrending character, es? pecially as they have all three treated me badly enough in my time. Thus I am, albeit unintentionally, the instrument of me execu? tion of a sort of poetic justice upon them.'.'. . The letter does no credit to the author, tba. Federal Government or the mysterious par? ties who owned the documents, and there are parties here who question the truthfulness of some o? the details. WEARY OF WAR. MATAKOBA?, Joly 18. The military operations are unimportant, owing to a tacit understanding between the forces at Monterey and General Trevino at Monalava, to await the result ot the negotia? tions at the City of Mexico. These-negotia? tions look to pacifying the country without further hostilities. General Dachas reviewed the government forces 'at Monterey, eight thousand strong, and ls expected here with an escort to arrange to supply his army from this point. It ls stated that telegraphic communi? cation will shortly be opened to the City of Mexico, lhere being no obstruoUoo. Tho line la being built. A QUEEN OF THE DANCE. [From the Loadon Bche.] ? "I never refused jewels," said Mme. Tag llonl, yesterday; they were . never offered me by private individuals, but I have received cosMy presents lrom royal personages." And well did this unconscious eulogluin become the ex-Queen of the dance -the incomparable artist wno earned a world wide reputation for grace, flexibility and modesty. By tnls last and best ornament of womanhood she suc? ceeded In elevating the dance to a position among the arts it had never previously at? tained, and to the laying asslde of the ?*Tag llonl style" must be attributed the decline ot the modern ballet. For In the main, people admire the beautiful, and soon discover tnat true beauty cannot exist without refinement and delicacy, lt ls not, perhaps, too muer to hope that tue return of Mme. Tagllonl io Lon? don, when, so far as the stage ls concerned, her dancing days are over, will promote a re? turn to a style of dancing which pleases with? out demoralizing, and brings a smile instead of a blush to the face of beauty. In the Ave and twenty yeu.s which have passed since her retirement, stage dancing bas fallen greatly. The competition ls now one of Indelicate dis? play rather than ol artistic grace. It ls a re? proach to our time to turn back the pages of Punch, and to refer t j the years when that genial master of the ceremonies wrote pf Mme. Tagllonl's then active and glorious-career upon the stage; and no less is the decorous cos? tume in which Mr. Punch represents her a reproof to the arttata of to-day, who seem not more Inferior to ber lo powers of performance than they are In personal conduct. "Yours must be a curious history," I said; "you have known so many remarkable per? sons." "So Count d'Orsay used to say," she re? plied; "he said he would give 100,000 francs to be allowed to publish my papers: but I never desired that kind of notoriety. lloved daor lng for its own sake, and began tc learn ai nine years old, my lather, an Itali,-.i dancer, being my teacher. I practiced six hourn a day, dil I was ??teen, when I made my d?but la Vienna In a piece en il tied,'La Reception d'une Nymphe au Temple de Terpsichore.' At first I was rapturously applauded, and at my third performance I was called forty-two times be? fore the curtain, till, becoming exhausted. I was carried off the stage. I waa extremely active and elender In those days, and people used to say I lived lo the air, and never*, touch? ed the earth. . 1 did' touch lt, however, ir?ais bien, rarement, pendant." she added, laughing. "I scarcely ihougbt ot tbe audience. I know . my lather was Watchlug me. I both lovel end feared him, and danced for him atoi,o. He was a severe teacher, but when my success was assured, he said. 'Had I told you at first you had talent, your progress would have Seen stopped. ?elf-oouceit would have pri? vent dd effort, therefore I blamed rather maa flattered.' " This e tr I ct but judicious master died last year at the advanced age bf ninety-four. His daughter baa always enjoyed <-xce lent health, and as she says, "I would never know I was not young if I had not so muoh lo remember." She insisted lhat study le always required; no matter how well we. know anything, we never know lt well enougb. Though I was consider? ed the best dancer in the world, I continued to learn and practice two hours a day while I remained on the stage, and I always perform? ed in the morning the dances Intended for the evening. I constantly invented new steps and movements, and seemed to leam some? thing every day; but when I left the theatre, I felt I bad etlll much to learn." Like all those who have attained excellence In any art, she seems to believe less In genius than in diligent and unremitting labor, and her conversation ls characterized by a singular modesty when we remember bow, In ber youth, she waa feted and caressed. She alluded gravely, but not sadly, to her loss of fortune during tne -late war, but ls hopeful for ;ne future; lor, aiurher long retirement, she ls able to teach dancing as well as In her youth, though her flying dava are over. "But flying," aa ?be obs?rv. d,' ls onlv wanted'for the profession, and I no longer teach for the stage, out only f >r the drawing room." Mme. Tagllonl ls the widow o? a French nobleman, the Comte Gilbert de Volslns, but she is best known by ber malden name of Marie Tagllonl. She la very active, bricht and charming in manner, la extremely spirituelle, and speaks aeveral languages. Ia tact, she shows buw ai traci ive a lady of mid die age can be wnen ?he unites the ease and - dignity or year- with habitual grace and affa? bility. Mme. Tagllonl 1B now established la London, and occupies herself in giving to young ladles lessons in dancing and deport* ment.