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COLUMBIA. Thursday Morning, January 4,1866. Southern Credit. We have for some weeks past con? versed with many of our citizens who had visited New York for the purpose of raising capital to resuscitate their shattered fortunes. In several in? stances, as we know by personal in? terviews, the applicants were most favorably received. The importers and jobbers might not "compromise" in relation to former debt, but were willing in all cases deemed worthy to sell on the usual credit. The plain interpretation of this is, that the Northern dealers know that Southern merchants have suffered; but that they are honorable. They are willing to trust them for the future. The Charleston News, like our? selves, notices an article in the Phila? delphia Press, headed? "Southern Indebtedness." That paper indulges in some remarks as unkind and un? generous in spirit, as they are untrue nd without foundation in point of fact. The Press contends that "the people of the South are naturally much worried about their debts; and, finding ?hat the repudiation of some of the State obligations, incurred during the war, is necessary to enable them to become once more classed among the good citizens of the Union, they are endeavoring to secure the repudiation of their private debts also."- That there maybe some in? dividuals ameng us who, having lost their all by the emancipation of their slaves and destruction of their pro? perty, have not the means to meet their Labilities, (their assets being destroyed,)'and, therefore, desire the repudiation of a debt they have lost the means of liquidating, we are willing to admit. But that "the people of the South," at least such portion of them as are able to settle with their Northern creditors, desire to avoid doing so, is most emphati? cally false. ~ We have lost much, but our honor all remains, and it io absurd to sup? pose that the * same people, whose principles of honor prompted during-the war and when suc cess^attended their arms in every di? rection, to \fTT^rn the Sequestration Immigration. We give below a statement of the immigrants that have arrived at the port of New York from the 1st of January, 1865, to the 31st of October | last, with their destinations; also, a ! statement of arrivals from the 1st of November last to the 18th ultimo. The facts will be generally interest? ing, as all our readers are now more "br less interested on the subject of immigration and white labor: January, 5,319; Februarv, 2,466; March, 6,171; April, 10,818; May, 24,451; June, 27,119; July, 21,290; August, 22,011; September, 23,204; October, 20,069. Total, 162,918. THEIR DESTINATIONS. Arkansas, 5; Alabama, 9; British Columbia, 14; Canada, 1,448; Cali? fornia, 969; Connecticut, 2,254; Colo? rado, 3; Cuba, 33; Delaware, 152; District of Columbia, 1,137; Florida, 4; Georgia, 13; Illinois, 14,878; Iowa, 3,076; Indiana, 2,181; Ken? tucky, 1,008; Kansas, 327; Louisiana, 259; Massachusetts. 8,573; Maryland, 1,725; Maine, 314; Michigan, 2,751; Minnesota, 1,314; Missouri, 3,657; Mexico, 53; -Mississippi, 31; New Hampshire, 187; Nova Scotia, 38; New York, 73,426; New Jersey, 4,994; Nebraska, 92; North Carolina, 19; New Brunswick, 45; Oregon, 14; Rhode Island, 1,115; Ohio, 8,892; Pennsylvania, 20,293; South Caro? lina, 45; South America, 30; Texas, 21; Tennessee, 35; Vermont, 239; Utah, 1,080; Virginia, 465; West Indies, ll; "Wisconsin, 4,754. Total, 162,918. The arrivals for November were 24,464; for December to the 18th ultimo, 7,869, making a total from the 1st of January, 1865, to the 18th ultimo of 195,251. Between the 18th and 23d ultimo, there were furthei arrivals of 2,600, making the grand total for thc year up to that date 197,851._ The Trial or Mr. Davi?. The following aro the resolutions introduced in the House of Repre? sentatives on Wednesday, in regard to the trials for treason. They were offered by Mr. Lawrence, of Ohio, and on his own motion laid on the table and ordered to be printed for futuro action : Resolved, That public justice and national security demand that as soon as it may be practical, Jefferson Davis, a representative man of the rebellion, should have a fair and im? partial trial in the highest appro? priate civil tribunal of the country, for treason most flagrant in character by him committed, in order thaj^^ Constitution and the laws mmm Tile Industrial Resources or the Sooth a Guarantee for thc Commercial Prosperity of thc North. Separated from all political con? siderations is the present material condition of the South. Tho restora? tion of tho Union is not practically complete until we re-establish the in? dustrial status of the Southern States. While patriotic men of all classes are vying with each other in that section to build up the ancient fabric of the republic, shattered by the late re? bellion, upon the beneficent grounds j of reconstruction inaugurated by Pre? sident Johnson, other men equally alive to the interests of the country, I are zealously at work to reconstruct j its commercial and agricultural pros ! perity. To aid in promoting this ! object they look to the co-operation of the prosperous North. All the various interests that contributed to the cotton supply of the South have been swept away by the war. The land alone remains, but the imple? ments to work it ar-3 destroyed as effectually as if they were a part of old slave labor system itself. The importance of maintaining thc cotton supply of the South is an absolute necessity in sustaining the commercial and financial indepen? dence of the North. So much more interest, however, is attached to this matter in Europe than it receives at this time in the United States, that we published but recently a practical illustration of it. In our special de? spatches from Liverpool we stated, tipon the authority of the United States Consul at that port, to whom it was communicated by the Secre? tary of the Treasury, that thc estimat? ed amount of cotton on hand at the time of the capturo of Savannah was one million bales, and the product of this year's growth would not exceed three hundred thousand bales. From the attention which wc have recently given to this subject we are disposed to believe that the statement of the Secretary of the Treasury is correct. But in another point of wow than as a statistical fact does this statement recommend itself to consideration. It shows that a spirit of anxiety pre? vails in the public mind of Great Britain respecting the future growth of the raw material, and to the United States alone the manufacturing in? terests look for its supply. Our India and Egyptian correspondence estab? lishes the fact, heretofore questioned, of the failure of the cotton-growing experiments in those remote regions, and compels the European consumer to depend on the more favored land of the South. The paucity of the supply of this year's growth of cotton, the first after the war, naturally suggests a com? parison with the annual product of the more prosperous years preceding:. that oar bank circulation was con? vertible into specie at any time. In connection with this subject, some general propositions have been submitted bearing upon the resump? tion of specie payments. The most recent was the communication ad? dressed to the Chamber of Commerce a few days since, in which a national cotton growing convention was re? commended. It was thought that a crop of five million bales could be raised the next year, which, at gold prices, would be worth one thousand million dollars. We hardly antici? pate such results in such abrief space of time. All that we can expect at present is that the attention of the North, and with it thc whole country, will be aroused to the necessity of aiding the South in the restoration of its industry and re-establishing it on something like a self-sustaining foun? dation.- New York Herald. A Correct Statement of the Riot at Alexandria. Thc Baltimore Gazette, of tho 28th, says : We are assured by a clergyman who was present at Alexandria when the negro riot took place there on Christmas day last, that the account which the Washington Chronicle gave of that bloody affray, so far as charg? ing the blame upon young men who were formerly in the Confederate army is concerned, is entirely incor? rect. Our informant furnishes us with the following, which he repre? sents to be a true statement of the affair. The negroes commenced pa? rading the streets on Sunday night. They were armed with pistols, knives and clubs, and marching to the beat? ing of drums. They kept up this demonstration until Christmas morn? ing. On Christmas nay they insulted a number of white persons in various ways. They halted in front of several houses, littering threats at the in? mates, shouting at and cursing the inhabitants generally, and brandish? ing their knives and pistols. Finally, these disgraceful scenes culminated in an attack upon a white man who was passing along the street. A general fight soon after ensued be? tween the whites and the blacks, which resulted in tho killing of several persons, and among them a Mr. Mitchell, who belonged to the second United States Regiment of District of Columbia Volunteers. Our infor? mant states further, that the white persons engaged in the riot were entirely of tho class known as "loyal.' Yesterday, we learn that General Augur directed an investigation to be made into the circumstances of the riot, and will bring all parties respon? sible for thc affair io justice. A number of arrests have already been made. Gov. PATTON'S INAUGURAL.-The newly elected Executive of Alabama, Gov. Patton, estimates that the State, by the waste and ruin which the war j wrought, has sustained a lost, in actual and material wealth, of at least $500,000,000. He conclude? his in-1 augural address to the Legislature as follows: Allow me to say, gentlemen, in conclusion, that since the close of the war, it has been evidently the studied purpose of our people to move in full harmony with the avowed policy of the National Administra? tion. This attests the high confidence which is reposed in the ability, in? tegrity and patriotism of President Johnson. I have no hesitation in expressing the belief that the Presi? dent is doing everything in his power to advance the best interests of the whole country, both North and South. In his high and responsible position, he has given the most indubitable evidence of his purpose to administer the affairs of the Government in a spirit of fairness, justice and conser? vative nationality. I consider it clearly our duty to give him our cordial and earnest support in the patriotic course he is pursuing." How COUNTERFEITERS ESCAPE. Ten men were called for trial on charges of counterfeiting in the United States Court, in New York, a few days ago, and not one of them appeared. These men had all gone through the usual farce of furnishing "professional" bail, and now they are let loose once more to swindle the public. This is one of the modes by which justice is defeated, enabling rogues to escape without trial, and thus giving impunity to crime. The same system of "professional" bail exists here, and has very frequently the same effect. It would be a very wholesome practice for the newspaper press to publish the names of the bail in all criminal cases, so that the public may see when it is entered in good faith by real friends of the parties, and when it is a mere sham. The people would be astonished to see how many times the same names appear, and what immense amounts some of these "bail-goers" undertake to pay in the numerous cases in which they act; and they frequently have very little available property, or perhaps none at all. The publication of the names of the sureties might help to cure this evil. CALIFORNIA GOLD.-In the money article this morning will be found our usual annual table, showing the re? ceipts of California gold at this port during the present year. It will be seen that the aggregate is largely in excess of thc two previous years. It Local Items. "THE COD?."-Thc Acte passod by the Legislature relative to the freedmen, for sale at this office. Price 20 cents; by mail 25 cent?. THE MAILS.-Wo have boen without a Northern mad for a day or two past. This will account for tho absence nf our usual variety of news matter. The holidays seem to have affected our Northern neigh? bors. CASH.-Our terms for subscription, ad I vertising andjob work are cash. We hop? all parties will bear this in mind. THE BUEXIHO or COLUMBIA.-An inter? esting account of the "Sack and Destruc? tion of the City of Columbia, S. C.," has ust been issued, in pamphlet form, from the Pfittni% steam power proas. Orders can bc filled to any extent. VACAWT LOTS.-We again call upon the city authorities to look after thc vacant lots, and see that th? uncovered wells and sinks are rendered safe for pedestrians. There must bo something done in this matter, or the citizens will have to take tho matter in hand. We dislike to writo these censures, but right and justice to the tax-payers of our city demand it. ST. MARY'S COLLEGE.-By reference to our advertising columns, it will bo Been that the exercises of this institution will be resumed on Monday next, in the build? ing opposite the Marion Street Methodist Church. Dr. O'Connell needs no recom? mendation, as his abilities as a teacher have been fully tested, and are favorable*. GEN. SAXTON'S VISIT.-Gen. Saxton visit? ed this city, yesterday, as announced in our issue of Saturday, and addressed the freedmen, of whom there were a large con? course present. From what we learn, not having had an oppootunity to be present, tho counsel and advico given to thc audito? ry vrerc good and wisc. Wc hope to bc ablo to give, for the benefit of all concern? ed, a full synopsis of the speeches made on yesterday. NEW ADVERTISEMENTS.-Attention is call ted to the following advertisements, which are published this morning for th? first time: J. Sulzbacber Sc Co.-Selling Off. Mr. Baton-Watchman Wanted. L O. O. F.-Meeting lt. W. Grand Lodge. James G. Gibbes-Varietv Sale. Dr. B. W. Taylor-Medical Card. Meeting of the Citizens of Kewhtrry District. Pursuant to the notice of adjournment, passed by a meeting held on Friday, tho 29th of December last, the citizens of New? berry; District assembled in the Court Houle, on last sales-day, and, upon motion of CA. James M. Baxter, thc_ orgapized by calling