The daily phoenix. (Columbia, S.C.) 1865-1878, January 07, 1866, Image 2

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COLUMBIA. Sunday Morning, January 7, 1866. Tbc ltfation*l Bank?. A paragraph in the Phoenix, some time since, mentioned|five or six na? tional banks which were reported to have failed. We see it now stated by Henry C. Stormi, Agent for the First National Bank of Philadelphia, that a national bank cannot fail to pay ito issue, because it is based upon a deposit of Government bonds in the Treasury of the United States; that for every $100 deposited with the treasury in the five-twenty (5-20) bonds, bearing 6 per cent, interest per annum in gold, payable semi? annually, the Government issues to the banking associations $90 in na? tional bank bills, holding in reserve 10 per cent, to secure the noto or bill-holder-in case of the bank fail? ing to redeem. This agent further says that the Government holds the plate from -which the bills are printed, and in no case can there be an over issue ; that there is no foundation in the report that certain banks had failed. We do not know how to reconcile thora statements. If the statement of Mr. Stormi be true, we cannot well see how the bill-holder of any national bank can suffer. This state? ment may bring out more infor? me tion. Sustain the President. The Louisville Courier has some good remaks upon the importance and propriety of giving expression to the general approv al of the President and bis reconstruction policy through public meetings of the people, not only there, but throughout the State and country, and especially in the South. No one can fail to see that the Pre? sident is firmly fixed in his determi? nation to bring about the thoroxtgh pacification of the country by the complete restoration of the Union. He has taken his ground and he will maintain it. He has the sagacity to see what is required and he is calmly and heroically pursuing the path ol duty. But he has a fearful opposi? tion to contend with and almost in? surmountable obstacles to overcome. Fanaticism, prejudices, hate, the de? sire for revenge, and the hope ol plunder are arrayed in hostility to the restoration of the States, upon which he has resolved and which he is nov^gil^trLdinT- s4hHstrinKr>a'lij- nnJ manfully to accomplish. Under these circumstances, it be? comes the duty of all who desire to see him triumph in the contest, to lend him their countenance and tc give him their earnest and heart} support. The public voice shoulc thunder its utterances into the ear* of the radicals and fanatics who now bar the way to the accomplishment of this great public good, in tone.' which cannot be misunderstood and which will not go unheeded. We are sure, the whole people ol South Carolina will sustain in everj proper way the President's restora? tion policy. He has faith in thc profession and action of the Southern States, and he guarantees to them, at the Nashville Union veiy property remarks, a republican form of go? vernment; and thus he leaves them in the general political condition they were in before the war. Satisfied with their sincerity and good faith, persuaded that they will fulfill all their duties and obligations to the Government of the United States, he leaves them to act for axv4 take care of themselves. Only Florida and Texas are behind, and they will range th^miiias~in due time in line hera sisters. The I ogress upon this I the course of Finance and Politic?. * Gold fell in New York last week to 143, with every prospect of a stili further decline. The causes of thk favorable condition in financial mat? ters -are thought to be the disappear? ance of the war clouds from the na? tional horizon ; the brighter pros? pect of the early restoration of the Southern States ; the confidence in the firmness and statesmanship ol Andrew Johnson, and his ability to thwart thc designs of the ultra radi? c?is ; the prospect of continued peace fid relations with foreign powers, and finally the payment in- gold by th* Treasury Department of the interest on the six per cent. b<">nds, which commenced on the 1st instant. We firmly believe, that with the complete restoration of the Union, and the success of the President's wise aud peaceful policy, and a con? tinuance of peace with foreigu na? tions, that our national currency will so appreciate that a greenback will be the representative of its denomina? tion in gold. And why should it not be so ? The resources of the country and the means the Government has, and can always have, at its command are so unbounded and unlimited, that every obligation of the United States can, nt any time, be paid to the uttermost farthing. Capitalists here and in foreign money markets know this, as has been lately demon? strated by the rise in American secu? rities in Europe on the reception of the President's first message. It is evident to us, moreover, that tins state of affairs must materially aid and? strengthen the Administra? tion in its purposes and policy. When the pockets of the capitalists are favorably affected by any particu? lar political line of action, we may rest assured it will be fully supported and sustained. The Philadelphia Press thinks that universal peace will prevail in the world during the present year-that, metaphorically speaking, the Temple of Janus will be closed-but it is evident that the prevailing desire is against war. The British policy of Lord Palmerston, for the most part, was in favor of peace at any price, .rad this is certainly the desire of Mr. Gladstone, who knows that the equali? zation and reduction of taxation are wholly incompatible with the costly condition of war. Napoleon has ac? tually begun to reduce his military establishment, and thero has been some mention of the Kiner of Prussia's desire to do the same, provided that he has assui'ance that Napoleon is in earnest. Austria, if her Emperor succeeds in securing the confidence of Hungary by wise concessions and parental government, will be enabled to leave the defence of that fine country mainly to the Magyars thern ??elves; and it soe m s well established is a fixed fact that the King of Italy loes not feel himself justified, for certain fiuancial roasons, in continu? ing to hold, a threatening front to Venetia, a province which, iii fullness of time, will naturally become au in? tegral part of the Italian kingdom probably by purchase. Victor Ema? nuel has also ceased to threaten Rome, ind, therefore, the withdrawal of the French troops, which so long main? tained the Pope in his capacity of a temporal prince, will not be very ma? terially felt there. "Rest and be thankful, " was the Russell-Pahnerston dictum to the English nation on reform, and the King of Italy almost echoed it, when he said in his speech at the opening of the new Parliament, (at Florence, on the 18th ult.,) "Wait and hope" must be his future policy. The continuance of the new Italian kingdom may be calculated upon as permanent. Since tho last session of the Parliament, Italy, with her pre? sent form of government, has been recognized by Spain, Saxony and Bavaria, and Francis II, ex-King of the Kingdom of the Two Sicilies, has been enabled to withdraw his envoy from Madrid, Dresden and Munich. In each case, too, the Papal Nuncio jas received official notification of recognition of Victor Emanuel. |ch writer gives a very deli nigent hit, at the ridicu to ancient ncestry the ex-nobles of icliod in the tapestry pd palaces. The that on the lent in the ^f Choiseul is Deluge, iu knning after . Value of",? ?ftwtpaptr. The Rome Courier says that a well conducted newspaper is a great and good institution. It nerves the heart of the patriot, it cheers the philan? thropist, strengthens the arra of the mechanic, gives confidence to the merchant, aids the professional man ' in his practice, the student in his studies, promotes the interest of tho planter, and furnishes useful infor? mation and wholesome recreation for all oiasses. In addition to this, it is largely through the instrumentality of newspapers that our railroads are constructed, cities built up, rivers made navigable, commerce promoted, and the arts and sciences extended. A. good newspaper always promotes the cause of true religion, by incul? cating its cardinal doctrines and prin? ciples, though this may be done by inference and insinuation frequently, rather than direct and plain teaching. If newspapers do all these things and who can say they do not-how important it becomes that every family should have at least one of the proper sort for their instruction and improvement. In traveling through the country, no discerning person can fail to notice.the great difference in the intelligence of those families that take newspapers and those that do not. If you want to know the. price of gold or bank bills, take the papers; if you want to know the price of cotton, wheat or corn, take the papers; if you want to know the price of butter, eggs, or chickens, take the papers; if you want to know the price of coffee, sugar and spice, take the papers; if you want to know the price of cotton cards and yarns, take the papers; if you wish to buy or sell lands, take the papers; if you want to know who is married or dead, take the papers; if you want to know of contagions, pestilence, fires, or famines, take the papers; if you want to know of "wars and rumors of wars," take the papers; in fine, if you want to know anything that is worth knowing, take a good, reliable newspaper." FREXCH INDUSTBIAL EXHIBITION. There is to be, in Paris, a "French Universal Exposition," which is in? tended to offer a complete develop? ment of the progress of arts, science, manufactures and mechanical im? provements throughout the world. This exposition differs from others ;u the fact that it is conducted by the representatives specially of the dif? ferent National Governments; the United States, and not the States of which it is composed, being alone recognized. A space has been devoted to this country, which Congress will probably vote to accept, and then ap? propriate a sufficient sum to pay all expenses of transit from the United States to the exposition. All the nations of Europe are already in the field with active commissions at work-that for Great Britain being composed of the most practical men in every department. It is to bo hoped that the products of Southern industry will be represented at this great exhibition; and the occasion would seem to be a good one to bring before the world the unrivalled in? ducements to emigration which the South presents. j Notwithstanding the many predic? tions, says a Washington correspon? dent, that have been made of a lively time at the National Capital this winter, I doubt if Washington has ever presented a more dull and un? interesting aspect, socially or politi? cally, than at present, and the prospeci is rather against than in favor of an improvement. It was expected thal the people of the South would be here in full force, knocking for ad? mission to the doors of Congress, and thronging the lobbies as in days of yore; yet there is very little of ex? aggeration in the statement, that it is almost as hard to find a South Carolinian oran Alabamian here now, as it was a year or two ago. The common paper used by pub. Ushers has been very high for severa months past, ranging from eighteen to twenty-five cents per pound, and the excuse has been that many of thc mills had stopped and others been compelled to run short time for thc want of water. Now, however, as the recent rains Lave filled the streams and given the manufacturers an abundance of water, we shall look foi a marked decline in prices. Surely paper can be made, and good profits realized, for less than the prevailing prices. The Government at Washington has been officially advised that SpgiE has been prevailed upon to acc>ep( the good offices of France, England and the United States, to bring ajjtoul a peace with Chili. f i THE PRICES or LIVING.-The New York Tunes, which devotes a .great deal of Attention to the question of living, says: A year ago, at wholesale, ire were paying nearly an average of inf ty'per cent, more than we are paying to-day for breadstuffs and provisions. At retail, in the shops of ail the petty dealers, the poor housek per pays as much this week as he did twelve months ago. This would not be, had we a market system worth the name, or if industrious citizens of limited means would combine-say in the families of four or five, living in the same neighborhood-to make their purchases of the principal articles of every day consumption in common. This would especially apply to meat, flour, sugar and butter-the heavy items of the weekly bill. A carcass of good mutton, which would well divide among four at this season, might be bought at just about one-half when it is retailed at per pound in the petty butcher's shops. In butter a great saving might like? wise be made. Surely there are thousands of cases where this combi? nation might easily and safely be made-in the winter season espe? cially. Let the plan be tried, and we shall see the profits of the petty re? tailer reduced to ii point somewhere within the bounds of reason. REAJ? ESTATE AND TAXES.-One of our wealthiest citizens, whose income from rents of his own dwellings is $60,000 ayear, has to pay over $29,000 of it in Government, State, County, municipal and other taxes. Another, before the war, had a surplus income, after paying all his necessary ex? penses, greater than his entire income to-day from the same property, out of which all expenses have to be paid, and this upon the same property. Men of fixed incomes and liberal habits of living find these the hardest times of all their lives. The truth is, the enormous expense of living, coupled with high taxes, is eating up the patrimony of one-half the people, and yet we have propositions, alike from capitalists and laborers, tending to increase all these burdens far beyond what they are. New York city is not worse governed nor worse taxed than other communities, but a vicious system of legislation, coupled with vicious ideas of government and modes of expenditure, are harden? ing the \*holo community. [New York Express. THE SOUTHERN SICK MAN.-Russia had her "sick mau," and the United States, it is to be feared, has one also. It is the more dangerous in the latter case that the malady of the patient is not suspected by the nation. If the Northern people could see the wharves at New Orleans with but two or three steamboats where seven years since there was a mile of boats closely packed ; if they could behold the levee swept bare twenty acres in & place as clean as Boston Common, or any other common, and remember that the time has been when for miles this levee was piled with all the varied products of nearly twenty degrees of latitude-20,000 miles of navigable water, and some 400,000 square miles-they would see that the South is the "sick man" of the United States, and that unless prompt reme? dies and careful nursing are adminis? tered, there is imminent danger of a fatal result. [Cor. Naii07ial Intelligencer. MAIL BOUTES RE-ESTABUISHED. Mr. S. J. Douthit, Postmaster at this place, gives us the gratifying informa tio that the following mail routes hr been re-established and the mails will be forthwith transported over them at the times specified : From Greenville, S. C., to Green? ville, Tennessee - leaves Monday "Wednesday and Friday, at 4 A. M. ; arrives Tuesday, Thursday and Satur? day, at 9 P. M. From Greenville, S. C., to Spartan burg, S. C., (lower route)-leaves on Monday, "Wednesday and Friday, al 8 A. M. ; arrives Tuesday, Thursday and Saturday, at 4 P. M. From Greenville, S C., to Spartan burg, S. C., (upper route)-leaves Wednesday, at 5 A. M. ; arrives or Tuesday, at 7 P. M. From Greenville, 8. C., to High? land Grove, S. C.-leaves Tuesday, at 5 A. M. ; arrives at 7 P. M. [Greenville Mountaineer, 2cJ inst. THE FUTURE or FUOBEDA.-A cor? respondent of the New York Tittles, writing from Jacksonville, Fla., gives % grand view of that State-its topo? graphy, meteorology and salubrity, und concludes his letter as follows: In conclusion, I must say that 1 bespeak for Florida a glorious future. [ predict that peace, prosperity, wealth and happiness will be her lot. Eer rich lands will come rapidly under cultivation, and increase ten? fold in value ; her noble caters wil >e thronged with the appliances ol commerce ; population, such as she lesires, will sow steadily into hei .?orders ; cities and villages, . and palatial mansions, will dpi her'land ?capes ; schools ami "churches and jublic insulations will be her boast md a fgflned society, living in afflu m?eand comfort, ^riXl grace this lani >f flowers, encompassed by ocean and juif. Queen Victoria intends to ask foi illowsneo for Prince Alfred and th? Princess Helena. The foi mer if wittily said to havo frittered away hil brtnne in subscribing for testimo liais to his late father. Henry Ward Beecher said, the other day, "the war has given every man, North and South and East and West, the right to say what he thinks, and to think what he pleases." Upon which one of our Northern exchanges remarks : If tho war has done this, it is w'orth every farthing it cost. And if it has done it, it is doing it. The Old Capitol prison gates are un? closed. The Bastiles are abolished. The " little bell" is tongue-tied. Butler is bottled. The country is ready to accept Stanton's resignation any Saturday afternoon. It is no longer "treason" to denounce Re? publicanism, or "disloyalty" to vote the Democratic ticket. A bill is before the Legislature of Alabama, to incorporate au "Emigra? tion White Labor Agency," which shall have,authority to appoint agents in all the States of the United States for the purpose of hiring white la? borers for the planters of that State. It is meeting with opposition, but has passed the Senate. Mr. Wilkins, in opposing the bill, arguer; that the white laborers proposed to be intro? duced would be of a poor character, and less valuable to the cotton plauter than the labor of the freedmen, al? ready at hand, who cannot and should not be driven out, being worth more as laborers than any set of men in any country. THE ANDERSON PRISONERS.-The prisoners who in our last issue were announced to be tried at this place, arrived here ou Saturday, the "22d of December, under a strong military guard, together with the witnesses in the case. They remained but a few hours in jail, when they were re? manded to Charleston, and an order issued dissolving the Commission which had been appointed for their trial. We learn that a new Commis? sion has been appointed for their trial in Charleston. [Darlington Keir Ern. JEFF. DAVIS.-The President is preparing, or has prepared, a reply to a resolution of Congress, asking for information why Jefferson Davis hos not been brought to trial. The ground taken will be found to em? brace the legal difficulties heretofore announced as in the way of a civil trial, and the probabilities are that Congress will pass a law to meet this and all similar emergencies. Old army officers, who have served on the Plains, and who have been brought in contact with the people of Salt Lake City, are said to be besieg? ing the Department with suggestions and plans for the employment of our military force against the Latter Day Saints, in default of on opportunity for their employment against Maxi? milian and Napoleon. Chief Justice Chase is reported to have said that if when holding a Circuit Court he should find the case of the United States vs. Jefferson Davis on the docket, he would pro? ceed with the case the same as any other, but that he should certainly hold no Circuit Court in Virginia so long as t?at State is under military rule. It is computed that the commerce of the lakes amounts to, at present, at least twelve hundred millions of dollars annually, and that two thou? sand vessels are employed in it. It sends to the seaboard one hundred millions of bushels of grain, two millions of hogs and half a million of cattle annually. The State Agricultural Society of I Kentucky, which held its annual session on the 1-ith ult., favor immi? gration agencies to introduce white labor without delay, and in further? ance of this object, urge the Legisla? ture to appoint an agent to visit Eu? rope to urge upon emigrants the advantages of settling in Kentucky. The Columbus (Miss. ) Index says that a soldier was killed at Artesia a night or two since, by a little boy, who was guarding his father's stable. The soldier approached the stable with the intention of stealing the stock, when the little boy, fully awake to his position, fired and killed the soldier. A trial was had the next day, and the boy cleared. Dr. Simmons, Chairman of the Relief Committee in Atlanta, Ga., gives a sad account of the destitution there. He soys: "Alarge proportion of the poor are composed or widows and orphans, rendered such hy the loss of their natural protectors whilst engaged in the Confederate service." The Emperor of the French will not allow the Prince Imperial to con? fess in the usual waj-. The only questions permitted to be asked him are drawn up by the Emperor him? self, and are put by the father con? fessor to the Prince in the presence of a third person. The Louisville Journal says that j Jefferson Davis cannot be convicted of treason by any jury that can be made up in the nation, and adds that the consequences of an i tteinpt to convict him would be evil, all evil, and only evil. Mr. Thomas Hopewell, was assault? ed by three Federal soldiers in day? light in St. Louis recently and robbed of his watch and pocket book. The soldiers were subsequently identified and arrested. / X_i<o<0?xl lt? Advertisements, to insure insertion, should bo handed in by 4 o'clock p. m. "Tint CODK."-Thc Acts passed by the Legislature, relative to tbs freedmen, for sale at this office. Price 20 cents: by mail 25 cents. CASH.--Our terms for subscription, ad? vertising and job work are cash. We hope ali parties will bear this in mind. THE BtmviNO OF COLUMBIA.- AU 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 riicxnis. steam power press. Orders can be lilied to any exicnt. We an; indebted to Messrs. Loomis ?V Bennett for a liberal '"bait" of fine oysters, with the necessary "spirit-ualconsolation." These gentlemen keep a small but neat and orderly restaurant on Pendleton street, nrar the South Carolina University; and have always on hand a variety of articles with which to tempt the appetite. They have "stuck up their shingle," and wish it understood that "This friendly guide-post wo erect, Thc hungry traveler to direct." RELIGIOUS Suavices THIS DAY.-Trinity Church -Rev. P. J. Shand, 10? a. m. and 3* p. m. Christ Church, (Lecture Room)-Rev. J. M. Pringle, 101 a. ni. and 31 p. m. Marion Street Church-Rev. E. G. Gage, 10A a. m.: Rev. Tims. Raysor, 31 p. m. Baptist Church-Rev. J. L. Reynolds, 10} a. m. Rev. W. T. Capers, 3$ p. ta. tit. Peter's Church-Rev. J. J, O'Connell, 10} a. m. and 31 p. m. Lutheran Church-Rev. A. R. Bude, 10} a. m. NEW Ai>vERTisE?.irc>."T.s.-Attention is call ted to thc following advertisements, which are published this morning for tho first time: Joseph Purcell-Mills House. Jae.-Wood Davidson-Classical School. Mrs. McGregor-School Notieo. Nomination of J. G. Gibbes. Manahan A Warier-Com. Being vanquished, we submit as becomes a brave people. The Presi? dent, ?is Commander-in-Chief of the military powers of the nation, mag? nanimously trusts us. I do not be? lieve there is a citizen of the State unworthv of this confidence. [Gov. Worth. Late despatches from Washington state that the President has pardoned all Mississippians of the 820,000 class and others, who have been endorsed by Messrs. Sharkey and Humphreys, and has ordered that the pardons be given over to a Mississippi agent. The reconciliation between the Na? poleon's is complete, and the Prince and his wife will accompany the King and Queen of Portugal and the Italian Ambassador on their visit to Compeigue. The newly appointed Minister to Mexico, Hon. Lewis D. Campbell, is less hostile to Maximilian's Govern? ment than General Logan, who was warmly in favor of energetic measures, and even forcing an issue with Louis Napoleon. "We are gratified to learn that ex? Governor Vance will in a short time arrive here, to make Wilmington his future home, and report says, will connect himself with an eminent law? yer of our city. [ Wilmington Journal, 3d. Semmes' true position is regarded in Washington as follows: When the Alabama was whipped in the conflict with the Kearsage, Semmes became I a prisoner of the United States, and he hos been such literally ever since that period. The Kocky Mountain News tells of an enthused young Missourian, who, eulogizing the beauty of his "gal," said : "I'll be doggoned if she ain't as pretty as a red wagon." Advices from Texas state that the Governor has issued a proclamation restoring so far as in his power,' to their civil rights, all persons recom? mended for special pardon. - --v The city of Rome contains a resi? dent population of 172;000, with 300 chnrches, 12 cardinals, 7.000 priests, 2,000 friars; and over 2,000 nuns. In one of the letters opened at the Dead Letter Office, in Washington, j were twenty thousand dollars in bonds. ^ "The newest thing" is the sugar wedding-thirty days after marriage. Is such a device necessary at so early a period? Some Americans have recently structed a telegraph across the A~ to connect various cities of Colux South America. One brewery in Dublin turns 15,000 hogsheads of beer per Each workman is allowed a daily. Camel's hair shawls are the rage in New York, among the fashi ables. TL ey cost a trifle of $2,000 $3,000 api2ce. A marriage is thus noticed by one of our contemporaries: ''Married last i week, John Cobb to Miss Kate Webb. Look out foi: little spiders." There is no mood of nature that comes amiss to a so.ul overflowing with its own happiness, The police found in the pockets of a man who lay dead drunk in the streets of New York 87,474.