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COLUMBIA. Tuesday Morning, Nov. 7, 1865. Our Finances. The Richmond Times says that it is most profoundly to be deplored that the un? divided attention of the next Congress can. not be devoted to the consideration of the financial condition of the nation. For forty years sectional agitation has engaged the attention of that body, to thc exclusion of a thousand important questions of poli? tical economy and finance. During that long period-comprising one half of the lifetime of thc nation-our na? tional debt was so small, the prosperity of cur people oo unexampled, taxation BO Sght, and our progress in wealth and popu? lation so marvellous, that thc financial con? dition of thc uation did not require the at? tention of Congress. Now, however, our situation is very different; The Internal Revenue Record puts our national debt at about twenty-seven hundred millions of dollars, the yearly interest about one hun efred and forty millions, and taxes and revenuo from three hundred to throe hun? dred and fifty millions. This condition of affairs demands the serious attention cf Congress. There is an earnest and general demand for a speedy return to spec;" payments, and a wftfo-sproad alarm at thc rapid inflation of prices, in consequence of thc enormous reducida ney of an irredeemable paper cur- ? roney. Legislation is undoubtedly re? quired to stop thc drain of gold, which is daily rendering a-return to a specie basis more and more difficult. This loss is a most serious and alarming matter. "Our commerce with Europe, for freight and passengers, paying a profit of one hundred millions, is in the hands of foreigners. To foreign negotiators of loans and credits, bankers, bill drawers, insurance companies, brokers and thc like, wc pay many millions yearly. One hundred i housand Americans Tisiting and traveling in Europe since tho peace, spend probably ono hundred mil? lions. Our import entries of foreign mer? chandize, from January 1st to October 22d, amount to about two hundred millions iu ^old valuation, while our exports of do? mestic produce and miscellaneous goods, including foreign articles re-exported, since January 1st, 1865, amount at tho gold valuation to about ninety or one hundred millions. Added to this, we have the ave rago.ratc of exchange about GO per cont, premium in currency, foreign debt, fur na? tional bonds sent abroad, supposed to be ?bunt six millions, and other bonds of States and of mnuicipal and other corpo? rations, perhaps two hundred millions." To this the very intelligent financial writer Irom whom we have quoted, says that a commercial debt of two hundred milli;.ns must bo added. Here wc have a frightful aggregate of ono thousand millions of dol?ais abstracted from thc country, and due to foreigners. Allowing for an exag? geration of two or three hundred millions in this estimate of the foreign debt, it is still immense enough to exhaust us of what coin remains in thc country, and to keep ns utterly exhausted indefinitely there? after. "It is," remarks a loading financial paper, "enough to sustain a demand for gold for export, at a premium unheard of anywhere else on the globe-a premium which has the offed to double thc price of all articles ol consumption-a premium conformable to tho rate and course of ex? change which w odd utterly distract and break any other country whose currency wa? made dependent on ii. and which, if continued much longer, will inevitably pro? duce prostration, demoralization, bank? ruptcy and faction." We arc now completely at tho morey of foreigners, buying on credit whatever tin y choose to bring us, an.1, spending two mil? lions a week in imports moro than can be met by om exports, Our coin is being carried off at pleasure, and wo are in a eon" dition of tlie most abject commercial vassalage lu Englund and Europe. "We owe thom hundreds of millions of dollars more than any nation has coined for itself in tho past eighty years of its history." In the meantimi , .!">' Cooke and his sub? sidized journals a. Bohemians go on publishing articles full of glittering gene? ralities, to prove that "a national debt is a national blessing." Hero we have a papcr moncy Nero fiddling while tho nation is rushing to the bottomless ph of bank? ruptcy, and a thousand hireling clacqners aiding him in concealing thc tine condition of tiie nation. Congress, by timely and wise legislation, might ai res! this frightfu] drain of tho vital e!( m .nt of our currency ; but Congress is again destined to become a gladiatorial arena, where sectional strir" is to ho revived and intensified. Months, which, if dedicated to tho solution of a fearful financial problem, might save the nation from bankruptcy, are to be spent in devising a system of party strategy which is to koop practically out of tho Union cloven States, which a debt ol' twenty-seven hundred millions of dollars lias been in? curred to force back to tho places which they once occupied. Is there no overriding 1'rovidence to save a great nation like this *7OI?L ouing aunihiiatcd by party spirit ? Legislature South Carolina. Saturday, November 4, 1SG5. SENATE. Thc Senate met at 12 m. The Clerk read the journal of the proceedings of yesterday. I The following communication was read bv thc President ?tro tem., and it was order? ed to bc entered upon the journal: SENATE CHAMBER, COLUMBIA, November i, 18G5. Sm: I beg leave to communicate, through you, to the Senate, that having accepted j the appointment of Senator of the United States, my seat as Senator from Clarendon will become vacant after the 7th instant. In leaving the body over which you pre? side, and in which I have so long served, I beg to tender to them, individually and collectively, my cordial wishes for their future happiness, the assurance of my re? spectful esteem, and a grateful farewell. In assuming the new functions with which thc State bas invested ruc, I cannot i but entertain a profound sense of cmbar- j rassmont and responsibility; but. under all circumstances, I shall be animated by an | earnest desire to regard thc interests of ] the country, and to maintain its honor and ! dignity. At thc same time, it is incumbent upon nie especially to regard the interests j of this State, which has honored me far beyond my merits, and which commands the warmest impulses of my heart. With great respect, 1 have thc honor to : be, your faithful servant, ? JOHN E. MANNING. . ! To thc HON. F. J. MOSES. President of thc Senate of South Carolina. Mr. Lawton ottered a resolution, which was referred to the Committee on tho Ju- j diciarv, to inquire and report whether any and what legislation is necessary to relieve individuals who, during the progress of the j war, had made contracts in expectation of : discharging such contracts in Confederate . currency. Mr. buist presented the petition of Schil? ler hodge No. 30, of Odd Follows, of Sooth Carolina, for an act of incorporation. Mr. Arthur offered the following r?solu- : tion, which was agreed to, and ordered to be sent to the House of Representatives for ' concurrence: Jicaolv'.d, That this General Assembly i will observe the following order of business : during the present special session: All ' bills already r troduccd, and such as here : after may be presented, shall be prosecuted i to a second reading, and if read a second j time in both Houses, shall tin n bo conti? nued until the next regular session of the ? Legislature for a third reading, and if read the third time, shall then be presented to , I the Constitutional Governor for his ap? proval. ? Mr. Tracy offered a resolution, which was referred to thc Committee OH thc Judi I ciarv, to inquire and report when the office of Tax Collector expires in those sections j of the State heretofore known as Parishes, j and if legislation bc necessary to provide for elections in future for Tax Collectors for tho Election Districts heretofore divided into Parishes, and that they ri pon by bill. Mr. Havant presented the petition of certain citizens of St. Helena Parish, pray . ing an inquiry as to their lands in St. Helena Parish, and the sale of thc land now ! advertised. Adjourned. I HOUSE OF REPRESENTATIVES. The Clerk called thc roll, the Speaker took the Chair, and thc House proceeded to business. Mr. Milligan introduced a bill to abolish the whipping ol' white people in this State; which was referred to the Judiciary Com ? mittee. Mr. Milligan introduced a resolution, ' which was agreed to, that it be referred to the Committee tm Education to inquire ! into and report as to the expediency of es ! tablishing one or more night schools in tho j city of Charleston, for the education of j white mechanics and whito apprentices, I and the proprietv of an appropriation therefor. Mr. J. S. Richardson, jr., introduced a bill to auth ori/.e farmers and planters to I give ?jheir books in evidence; which was read the first time. Mr. Rutler introduced a resolution, which ! was agreed to, that it be referred to the Military Committee to impure into the ex? pediency of devising some scheine for tho organization of such white persons between the ages of sixteen and fifty as live in the sea-board Districts, to protect that portion of the State until the terms of their report ; of this day can be carried into effect. Mr. Duryea introduced a resolution, ! which was agreed to, and was ordered to j be sent to thc Senate for concurrence, that, I inasmuch as the election for Clerk of the 1 Court of Charleston District was not held ? at tlie proper time, it is ordered that the Managers of Election for Charleston Dis? trict do hold the election for Clerk of Court ! of that District at tho same time with the election for members ot ('.ingress, and that : the present Clerk do give immediate public notice of tin- saiil election. Adjourned. One hundred and eleven thousand dollars in counterfeit Treasury notes, principally ol' the denomination of I lives ?ind twenties, and ol' the hist two ! issues of postal currency, were seized on Saturday, October 28, in New York. ! Tho agent for thc sale of this covm ] terfeit currency, un Italian, was ar ; rested at tho same time. - - Thc post office department is i xtending thc money-order system in the South. In many cases it sends Northen men South for i the above purpose, they being aide to take the oath. The latter class arc being ap ? pointed postmasters in North Carolina, ; and . very county seat will soon have a post ? master. Mail "agencies on railroads will also be soon supplied. A curious phenomena occurred in the valley of Mexico October C. Five large streams of water burjt suddenly from a mountain, which, if they do not "diminish in volume, will form a considerable river. A Confederate, named Mitchell, ha'! : rented a plantation in the State of San I Louis Potosi, and would plant live thous md acres in cotton next season. Gov. Marvin to thc Colored People of Florida. Gov. Marvin recently addressed a large crowd of negroes at Marianna, Fla. He told them that they had fought no battles ; that the blood of no man was on their hands ; that it had been a white ainu's war ; that it had unintentionally resulted in the abolition of slavery, and that nobody but God was to be thanked for it. He further said : If you ask me the question, whe? ther the white man of the North or? tho mun of thc South is your friend, I will answer you by saying that I hope and believe both of thin are ; but if it comes to a question of certain? ty as to which of the two is your better friend, I shall answer plainly and tell you, the white man ol' the South. I was born in the North, raised and educated there, but 1 have spent the last thirty years of my life in the South, and I consider myself capable of judging between thc two people, particularly in reference to yourselves. I know the Northern mon, or Yankee, as you call him, from the crown of his head to the sole of his foot, and I tell you to-day as your friend, that the Southern white maa, with whom you were raised, and who is acquainted with your habits and customs, is the best friend you have got. * * ? * * Now, after you shall have found your freedom, and, driven by stern necessity to do something for your? selves, the questian is. what is tho best for you to do? My advice is to remain on the plantation where you have been accustomed to work, with your former owners, if they will make a contract with you. Make the best contract you can with them, and show them that you are willing to work better, now that you ?ire com? pensated for your work, than you ever have done before. Be faithful, be hones!, be interested in the affairs of tlie plantation; see that the mules are well fed, that tin; hogs get good at? tention, and that tho things entrusted to you be not neglected. If you wish to be esteemed as ladies and gentlemen, yon must conduct yourselves accordingly. Call your old limster, master, and your old mistress, mistress. It is right you should; it is proper, it is polite. You do not mean by calling them so that you belong to them, but that you wish to he respectful und polite, and to give no cause for offence; but rather desire to please. I don't say that you must call them muster or mistress; but I say it is civil ami polite to do it, und you must, therefore, do it. I have known many while servants, and there are thousands in the North, where I was raised and it is so io England, too, who call those who employ them, master and mistress. It is a term ol' respect and deference, and they call them thus because this is so. There they, as I said before, are white servants, mid they till the land, feed the stock, and do other work that is done here, and they are respected, and all of them find em? ployment, as you may do il' you conduct yourselves properly. But you must not think, because you are as free as the white people, that you are their equal, because you are not. You will have to do a great many things you cannot do before you begin to be as great as they. You will have to be able to write a book, build a railroad, a steam engine, a steamboat, and thousands of other things you know nothing of. They are far ahead of you,and it is foolish for you to think they are not superior to you and will ever be; but they will help you risc if you try to raise your? selves, and you must try, and make fast friends of them, and not, by bad behavior towards them, make them hate yon. The President will not give you one foot of land, nor a mule, nor hog, nor ' cow, nor even a knife and fork or ! spoon. [A voice-"Par! old man, i hear dat? Bat's a bad egg! Dat \ chicken won't hatch, no how !"J Ile' has given you your freedom, and that ; is everything he intends to give you, and that is enough; ?iud some of you j will understand me when I tell you \ why. Before the war, each one of you was worth in dollars and cents to ' your owners eight hundred or a thou- ! sand or fifteen hundred dollars; worth j more than fifty acres or eighty acres of land, and a mule thrown in. " Well, the President has, in giving you your freedom, taken so many dollars and cents from your old masters; and he thin! CS, as I do, thev have lost enough, ! ami you by it have hud enough given j you. If he were to give you more, it would prove a curso to you. The Governor concluded as follows: | .'I believe I have covered the whole ground and said all that is necessary, j If, how ever, I have left anything out, | ?et me know what it is. Come up ! you have a right to ask: so speak ont! 1 ?Here a few unimportant questions were asked, which were satisfactorily answered.] Now, before I conclude, I wish to ask von, arc von satisfied? ; Are you? ['We are,' by alLf Will you promise me to do the best you ! can, be kindly disposed to all, to* bc good mon and women? ['We wid.'] j God help you do it.'" Soi.tli Carolina Conference? THIRD DAY, FRIDAY, NOVEMBER 3. CHARLOTTE, N. C.-Conference was opened with religions services, con- ! dueted by W. Martin. One thousand copies of tho Pasto- ! ral Address were ordered to bc pub- j lislied. A communication from Dr. C. F. Deems was read and referred. A communication from tho Rev. L. Pierce, D. D., of tho Georgia Confer? ence, was read, and a resolution ex? pressing thc most affectionate regard for the venerable servant of God, was unanimously adopted by a rising vote. Resolutions offered Irv J. W. Miller, were laid cu the table for future con- j sideration. Thc examination of the character j of Elders was resumed, und those j whose names were called were ap pointed. A. H. Bennick was reported as having withdrawn from thc Methodist j Church, to unite with the Methodist Church North. A. H. Lester was made Supemu mary. W. J. E. Frippe was granted : a location at his own request. The Rev. Mr. Pearson, of thc Vir- | ginia Conference, the Kev. Mr. John- ! son. the Rev. Mr. 13cr.ll. and thc ??ov. 1 Mr. Miller, of the Presbyterian Church, were introduced to thc Cou- ; ference. The Committee on Church Exten sion maile a report, tho consideration ? of which was postponed. This re- ? port proposes thc consolidation into one collection of the contributions made for missions, Sunday School purposes, &c. The legal conference then held its annual session, after which the Bishop j resumed the Chair, and Conference i adjourned with the benediction. SOUTHERN HEROES :N THE MISSIS? SIPPI LEGISLATTRE.-A correspondent j of the Herald, in writing of the Mis- ! sissippi Legislature, in which Colouel Simon ton is Speaker of the '?.?nate i j and Genend GhoLson of the Ii ouse, i J says: I "Several of tho members of thc ? I House have lost a leg or an arni, or j been otherwise main te. 1 in battle, and ! : the empty sleeves and suggestive I j crutches remind ono forcibly of the I I horrors and sufferings thc people of j thc South have gone through in the j purifying process of the past four j years. Many of them are yet dressed j in their gray uniforms, contrasting curiously with the black of the other members and the Union-blue of Fede ? ral officers and soldiers who throng j the galleries. Strange and paradoxi j cal as it may seem, however, these ox : soldiers are at once thc most safe and j conservative men, as a ride, in the I body. They were first in war, but j arc now first in peace." WHAT COLONEL JORDON HAS DONE. -Silence is a cheap virtue, but Zeno chose it in preference to all others. Before the newspapers are through with Colonel Jordon, ho will be able to appr?ci?t?'1 the wisdom of the old philosopher's choice. Instigated by vanity, by a desire for notoriety, or by some worse devil, he lias turned States-evidence against Mr. Davis, and has for his reward almost univer? sal reprehension. In one quarter he is charged with having swindled the United States Government-in an? other with having been guilty of frauds and speculations while in the Confederate scrvic<-and in another with having sold himself to tho Har? pers. We know but little of Jordan and care less, but cannot help feeling a slight ripple of regret stir our better nature, when any one commits social .suicide. This he luis assuredly done. [ ( 'ol <imb us Sentinel. Lieut. Gen. Grant, after consulta? tion with Gens. Thomas, Hancock and others, has recommended a plan for the increase of the regular army to 75,000 men. The plan has thc ap? probation of Secretary Stanton, and will probably be adopted. I New York Tribune. The War Department lias decided, with the approval of (ron. Grant, not to restore the property of ex-Governor Henry A. "Wise, of Virginia. Gen. Terry's action rn refusing to give up the estate is fully sustained. Wise's house is still used ?us .0 school for tile children of freedmen, and John Brown's daughters are thc teachers. Local I "toxics*. CASH.-We wish it distinctly ?nderst ?od that our terms forsubscription, advertising and job work aro cash. The money nins; in every case accompany orders, or they iriU not be attended lo. This rule applies to alb Wc would call attention to the extensive sale of handsome furniture. French china. mules, flour, i've, by A. lt. Phillips, adver? tised in this morning's paper. "Cotton Blanks" and permits-indisput? able to all persons purchasing or shipping cotton-can he obtained at this office. JCSTPT, I UKI?.-The Sack and Destruc? tion of the City of Columbia, originally published in the Columbia Phoenix. A pamphlet edition of the above has just been issued and is for sale at rbi:? office - price ?l a copy. SALVTOKY.-Wc hope the Cit;. Council, or somebody else, will attend to the sanitary condition of our city. On Saturday last, wv aro informed, a mule and a horse, prowling for provender in the vacant lots in our city, both felt into an uncovered weil. Their remains exhale anything but a wholesome odor. This stab- of things should be looked after-by the Mayor or his . Ricers. Mn.iT.utT OROASIZATIOX.-We ??ave 1 eea informed, by competent authority, that the two companies of infantry recently raised in this city, should at once organize and chet their officers, and report their roster to th.'Commandant of tho Post. Wear, further informed that tho companies will be required to orin and equip themselves. We hope- that those having the mutter in charge ?iii act promptly, amt order a day for election of officers. LAWS OF THE UNI I KO STATE?.-By orders from Secretary Soward, we shall, in a few days, commence the publication in tin PJuvnh; of all Laws." Resolutions, etc.. passed by :1s. Congress of tho United the 37m Congress, aud those ot' tho ls; ami 2d Sessions of the 38th Congress. As will be embraced in this publication, we give due notice, so that al! persousdcair 'ts of keeping thoroughly posted, ca:: uh scrib.- at .mee. NEW ADVERTISEMENTS.-Attention is call? ed to tho following advertisements, which DeKalb Mvcrs -$30 Reward. W. 15. Statilev -Silver-plated Goods. &c. John Kin- A" Co.- Groceries. .Ve. John Waties- -Court of Appeals, v.-. F.\ M.*. - Meeting of Grand Lods;e. J. O. < ?. F. Meeting .d' Congaree Lods<. A. P. Phillips-Mules. Buggy. &c Applv at this Office-Watcli.'&c., Lost. Jam?s G. Gibbes-Handsome Furniture. C. S. Jenkins -Confectiouarv. -_R"vs' Hats. " ? " _ Toys. F. Marks Cottage Wanted. W. J. Thomas and others-Mass Meeting. Darbee & Walter Furniture. A-c. A TERRIBLE PREDICTION.-Profes? sor Leonidas, an Indianapolis astro? loger, after looking at the rings around the sun. makes the following horrible prophecy : I observe 1 >y the planets that a dread? ful plague will commence in Kassia, originating from silks brought over from Cairo, Egypt and Turkey. It will extend across the Baltic Sea, and will desolate Germany, cause immense mortality in England, and th< n spread to the United States. This dreadful epidemic will spot the people like a leopard, and turn the flesh to a purple alack. The pestilence will carry off mell an amount of mortals that there .viii not be enough left to bury the lead or give them Christian burial. The streets of our cities, towns and railages will be swarmed with the dead md dying. The groans and yells of ?orror will lill every breast with con? sternation. On all sides confusion viii abound. The. death knell will ?ease to toll as the malady rages in ury. The infected will fall and die vherever they take it. The stench of ;he dead will become so common that he survivors will not heed it. --- - - - EX-PRESIDENT DAVIS-His TRIAL. Messrs. Speed, Rousseau, Evarts and >thers, counsel for the Government, mnouncetl in a Nev/ York paper as positively determined on, was true in August but is not true now. Public >pinion lias changed since then, and bovernmental measures always follow mblic opinion. It is admitted as a act that any trial in a Southern State vonld be a farce. It is equally a fact that the South? on States unanimously desire his ?ardon; that the majority of the De? in ?eratic party hold the same opinion, md now that the leaders of the radi? al wing- of thu Piepubliean party ?ave expressed the same wish, it is relieved it will be taken for granted hat a majority of the nation are op )osed to his punishment.- Washing ja correspondence of N. V. Tribune.