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COLUMBIA. Saturday Morning, May 25,1897. Comcrviitinm. Tbis is a term very freely and flip? pantly used in a political sense at this time, but one ver-" frequently misap? plied. Conservatism, ns wo under? stand it, is not exactly that lino of policy known as "old fogyism," nor does it properly mean a course of .,. conduct which leads a man to shut himself up in n shell, conscipus of his own rectitude, and thoroughly couviuced that all thc rest of mau kind aro wrong, rash and reckless. Conservatism is illustrated in indivi? duals in every-day life, as well as in political organizations, and in gene? ral, he who makes it his rule of con? duct, is bo who is most successful among his competitors. A conserva? tive farmer is not ono who obstinately cultivates his land nud plants his po? tatoes, his turnips and bis benns just in thc samo manner and at tho same phase of the moon that bis grand? father did, and who discards all fer? tilizers because they had uever used them-never having heard of them; no moro is that merchant conserva? tive who blindly ard obstinately adheres to tho old-fashioned habits of the founder of his house, it may be, and who thinks that speedy ruin and bankruptcy would follow the expendi? ture of a few dollars annually for advertising. His father and his grand-father never advertised, and yet made money; why cannot ho do likewise and prosper? We would au swer, simply becauso the world moves on in new avenues, highways and by? ways of trade aud commerce are opened, which are prolitable, und io which conservatism may always ac? company the individual in following them, while the stickler for tin "good old way" is content to mu ir tho groove of old prejudices and ii left behind in the race. The same rule applies to conserva tism in politics. A man is not a cou servative, who steadfastly believe that the "Old Line "Whigs" were th only true patriots, because his grand father took Henry Clay for his mode os a statesman; uor is a man a tru conservative, who believes that sucl a party as State Bights Demoorac; still exists, and squares his line o conduot according to that fallacy "Old things are passed away, behol all things aro new," isa saying pai ticularly applicable to tho politior condition of this country at the pr< sent time. Whiggery, with its "Ame rican system," has been explode long ago, and State Rights Derne cracy has beeu effectually wiped ou by tho armies of Grant and the bun mer hosts of She'rrnnn-not a vestig of it is left in the South, and only mere parly spasmodic effort, now an then, at the North, tells us that sue a party has ever lived. Is not th the true condition of the politici organizations once blindly and di votedlyadhered to, but now defum and obsolete. Where then, it may bo asked, In true conservatism Jound a refuge where is the conservativef politicia or statesman to turn, to put in pra tice his congenial theory? To tl South. Never, in the world's hi tory, has there been such a remark ble exhibition of conservatism as si has displayed since her annies sn rendered to overwhelming number Humiliated as she was by thc disa trous result of the conflict ?ho hfl engaged in, she, in the true spirit i mauhood and moral courage, accepte the terms thc conqueror imposed-: his bidding, sacrificed her ancioi prejudices-looked tho situation fair in the face, submitted to all tho reqn sitions made of her, even to tho U] rooting of her time-honored notioi of Stato sovereignty-of her system labor-of the immense wealth ar resources which that system afforded and gracefully yielded all that she lu struggled for and lost. Aud since that ill-fated time-f upwards of two years-she has pr served her consistency, her boni and her manhood intact. In all th: she has been a striking illustration true conservatism. Honest, true ai confiding, she has quietly submitt to each successive exaction, as it w demanded ns a promised means restoration; and although baffled every honest endeavor to accompli that great end-though the lt slaves of her people havo beon ma their political equals in law aud the elective franchise-still are th not willingly submissive, but firm in that rectitude of purpose which was enunciated by her military leaders at their surrender, and sineo practiced by thom-viz: to recognize the de? feat of their cause, and manfully abide by the disastrous consequences which ensued, and always do ensue from such an overwhelming defeat as they suffered. Such is tho record of truo conservatism that tho South has written for herself through two or three years of sore trials aud diffi? culties. And now that she is brought face to face with what she is assured is the ultimatum that will relieve her from her political difficulties and their attendant evils, will sh? aban? don that policy of true conservatism which has sustained her thus far? Her people must remember that con? servatism is opposed to radicalism iu tho plain acceptance of both terms, and, therefore, that whatever course they adopt that will defeat the in? sidious schemes of radicalism, is con? servatism. Clinging to old preju? dices, hugging old political theories, encasing themselves in the shell of the doctrine of State rights and State sovereignty, refusing to recognize tho circumstances which surround them, and declining to work because their former theories and doctrines have been upset, is not conservatism, but -fatal mistake, if the policy should prevail-is simply briging grist to the mill-stones of radicalism, giving it tho means of sustenance and the power of inflicting further and heavier ills upon them. Conservatism adapts itself to the inevitable and uuavoiduble circum? stances which it finds itself placed in, and takes advantage of them-but for a specific end and purpose. "Conservative," according to Walker, is retaining the power to prevent diminution or loss; according to Webster, as applied to an individual, "one who aims tb preserve from ruin, innovation, injury or radical chango." This is the true definition of conservative. The South and her people earnestly desire to preserve in this Government the spirit as well us the form of republican liberty; they desire to restore and maintain the Constitution as it como from tho founders of that Government, and they ought not to shrink from such a task, merely becanse the road to its accomplishment is rough, ond in some places apparently impassable, but, clinging to their characteristic conservatism, look only to the end to be accomplished-that end being, in the present crisis, political redemp? tion for their State and for their cou u try. These are our ideas of conserva? tism, and we urge its application, especially in this State, at tho pre? sent untoward juncture in our politi? cal affairs. Union men should cast aside any prejudice they may enter? tain, because they cannot at once cuter into tho Union as il was. Se? cessionists must lay aside their dog? mas and doctrines, now defunct and exploded, and unite with men of every shade of former political opi? nion, to recover their positiou in the Union even as it is; and when conserva? tism has lauded them there, they can work moro efficiently than ever they could do out of it for the re-estab? lishment of tho principles of the Constitution and of republican liber? ty. The man who refuses to register and vote under the laws, and tho man who, having registered, votes "no convention," especially in this State, votes against her best interests, and aids in the indefinite postpone? ment of the recovery of her rights us a State, as well as he inflicts pro? longed detriment and injury to the prosperity of his fellow-citizens. Those are the lessons our conserva? tism teaches us. -? $ A SuKsrsfcB BUREAD OFFICE?.-At a recent meeting in Wythe Comity, Capt. McDougal, of tho Freedmen's Bureau, spoke to the negroes, and told them that if any man, or party of men, hud boon promising them lauds, to bo acquired by confisca? tion, they were misleading and de? luding them. There was, in his opi? nion, no prospect of tho adoption of such a measure, especially if the people availed themselves of th? terms of reconstruction proposed. -?-?-. Tho colored men of Assumption Parish, Louisiana, recently hold n meeting, at which speeehes wore made advocating the policy of stand? ing by tho Southern whites, and poli? tic*!! V affiliating with tho-se whom they had known so long. m Fraier, TrentreUu 4t C?. . " ' V The fa$bre or suspension of this well-ksowii commercial house has already been announced IQ the Pha*~ nix, by cable despatches from Europe. The Charleston Mercury, in noticing the disaster, pays the firm the fol? lowing compliment: Nothing is known ns to the liabili? ties of the suspended honse, nor as to its prospects of obtaining a suffi? cient ?xteusion to enable it to make the most of the large stock of cotton known to be on hnud. The firm in Charleston, whose business hos been ojiieily upou ac? count of other parties of known re? sponsibility, will, no doubt, bccumo embarrassed by the Liverpool sus? pension; but their heaviest engage? ments had run oil', and wo understand their present liabilities are not large in proportion to the supposed mag? nitude of their business. Their ulti? mate position, we should think, must depoud upon tho event in Liverpool. Fortunately, tho house there is repre? sented by a gentleman not merely of high integrity, but of business capa? city und nervo, equal to the emer? gency. For some fifty years, this house has stood amongst tho foremost mer? cantile houses of tho Uuited States; and although, by thc courso of time, many of its members have changed, tho strong ground of integrity, fideli? ty nnd skill, on which it was origi? nally built, luis carried it through all tho 'iunncial convulsions which, dur? ing that period, have shaken the men intilo world of Eugland and the United States; and never was it sup? posed to possess higher elements of mercantile honor and ability tlum now presido over its extensive inte? rest?. Why the firm in Liverpool suspended payments, we have no means of accounting for, except the fall in the price of cotton, with a failure to obtaiu tho bauking facili? ties formerly extended in Liverpool. It is well Known that, early in the season, tho Bank of Eugland delibe? rately adopted the systematic policy of refusing accommodations, pre? viously accorded, to those engaged in this trade. The eil'ect has been to put the holders of cotton in the power of the buyers; aud the mer? chants, factors and planters vf the South have, iu the depressed price of cotton, throughout tho spring, felt the baleful iuilueuco of this gigautic and controlling institution. The sus? pension of this house wc believe to be only the illustration of faots which bear heavily upou us all. It may be that, rather than sell the cotton they held at tho depressed prices, occa? sioned by this bank policy and aggra? vated by the passing apprehensions of war in Europe, the partners in Liverpool preferred, both on account of others as well as themselves, to suspend payment temporarily, and hold the cotton to realize the full amount of advances, acceptances, ka. This would be an awkward] and pain? ful alterna'ive; but, under such cir? cumstances, the suspension would in no considerable degree affect tho re? sources of the concern. This great house seemed the chief, if not tho only, steady light burning amidst the mercantile gloom whicli rests upon our city and land. WitL a feeling of deep sadness, we record its suspension; yet wo cannot bul hope that, under the guidance of thc able and honorable gentlemen whe now rule its destinies, it will ogaii arise in all the spleudor of its formel enterprise and usef uluess and power If they had neted from mero motive: of interest, they might have left us as others have done, and gono U other lauds, to enjoy tho allluenci they possessed. But they have pre ferred to stay with us iu our ruin and strive again to redeem tho com tuerco and fortunes of our desolatei city and country. -----?-#.?-? TUE FAILURE OF FJRASEB, TREK HOLM & Co.-The Treasury Depart ment yesterday received informatioi by telegraph of tho failure of th firm of Fraser, Trenholm it Co. of Liverpool, who, during the re hellion, were the European agent of tho so-called Confederate States and who, at .the close of the war held, by virtue of such agency, i large amount of property belonging to tho Confederate Government, in eluding vessels, muuitions of wai cotton, &c. For thc recovery of thi property the Stato Department in stituted suits in the English oourb said snits now remaining unsettlec lt is understood that the Govert mont will incur no loss by tho faillir of tho linn, it being fully secured b bonds covoring tho amount of th claims-several millions of dollars. [ Washington Chronicle. A NEORO VENDETTA.-Ou Mondai near Madison Station, Byron Beti shot and mortally wounded Egbei Wiggius; and on Tuesday, Byro Betts was killed by Lewis Wi{ gins, father of Egbert, all coloree Byron Betts was said to bo n bn man; was abusing his wife, qunrrollc with and tried to shoot Lowis, the shot Egbert for remonstrating wit him, lied, was arrested, rosistei refused to be tried, threatened Lewi and was then shot by tho father i Egbert, who was considered ns just liable, and gave himself up. [Huntsville Advocate, {lind.) i There is n mule in Alabama M i : refuses to work unless be is ridde; j and lo save a hand, they have mouii ed an artificial monkey upou hit j and he works steadily now. Tit? JP?or Sowth. The ^Neif?ork /feraW wri?fc* th* following article upon tbe "poor South and ita doctors:" The poor Sooth! It is in a very sick, unhappy and perplexed condi? tion. It is the victim of too much treatment-too many prescriptions, purges, blisters and vomits. Self constitated doctors, quacks and an skUlful practitioners in numbers aro pursuing a courso far more likely to kill than to cure. It is in a similar condition to New York, with our cor? rupt and unscrupulous city govern? ment and politicians, with our over ot?icious and arbitrary police authori? ties, and with all sorts of political schemes and corrupt jobs with a view to rule and fleece the citizens. Pow? er, porty and the spoils, and not tho public interests, aro tho objects in view. Our correspondents in tho South and the Southern press give us a picture of the mischief which such political doctors as Wilson and Kelly are doing in their voluntary nud un? acceptable labors, ns well os tho bad oiluets of the unskillful and injurious treatment of tho Southerners by some of the military authorities. Al? though the object of Senator Wilson and Mr. Kelly in their mission to the South may be ouly to win the negro vote for tho. purpose of strengthen? ing their party-and we are not din posed to i ni puto any other-there is no doubt that they ure doing a great deal of harm. Ono of our corres? pondents in Virginia says: "Senator Wilson's visit, whether considered in regard to the freedmen or tho whites, has an exceedingly bad ottcct. It has, perhaps, despite the Senator's intention, forced forward a danger? ous topic. Confiscation has become the word of tho hour. This is at tho bottom of all thought, aud let the subject be what it may, discussion cannot go to any depth in any circle wi thou * stirring or touching this troublesome and permaueut thought of the Southern mind-this political euttlotish that only moves to durken the waters. Mr. Wilson has used this terrible word confiscation over and over again to intimidate the whites and to encourage the blacks. True, he has promised the Southern? ers restoration to representation in Congress if they behave well; but he hus done so with such conditions nud under such threat? that these people have become alarmed. Submitting everywhere, but with very few indi? vidual exception?, to the will and laws of Congress, with a determina? tion to carry out fully the reconstruc? tion Acts, and with an earnest desire 'to be good and peaceable citizens, they begin to fear that their fate is uncertain in the hands of a party that seeks only to perpetuate its power at any cost. , Mr. Wilson has told them that confiscation and continued ex? clusion from political privileges and restoration would follow any hard? ships to the negroes-those tender pets of the radicals. Now, the South? ern whites know very well that if it should suit tho purpose of the radical party to keep them excluded, and to confiscate ?heir lands, it would bc easy onough to trump up eases of hardship; or to seize upon a few cases that may arise, and that are in? cidental in every community. There are cases of hardship and cruelty in New York, in Boston and everywhere, as there may be in the South, in spite of the general good feeling and good disposition of the mass of the people. The Southerners, knowing, then, how easy it is to seize npou and use such cases for political purposes, naturally feel alarmed and insecure under tho threats held over them.' But the evil does not rest here; for the negroes, ignorant as they are, kuow what confiscation means. They expect the lands will be given to them, according to the radical agrarian pro gramme of Wendell Phillips. Thej see they are tho favored race, nut that tho whites are treated harshly and with distrust. They begiu tc think they have a right to the hindi of the South, and that their North ern radical friends will give the html: to them. The fearful consequence o all this must bo that one race will bi arrayed against the other; the farm ers and planters will be discourage! to cult i vate or improve their property the negroes will not work for theil employers, and a mnguilicent ant productivo country will become, !ik< Sun Domingo anti. Jamaica, unculti vated and desolate; Wo shall lost tho valuable productions of the South our burdons will be greatly inoreasot j by the prolonged political ami soeiu I disorganization of the South, am through its inability to bear its poi tion of taxation. The Southerner will bo unable to pay their debts ti tho North; no one will invest mone; in that section; commerce will de cline, and bankruptcy will follow. Ii fact, we might expect to seo inaugu rated the horro- of a civil war-of i war of races lik that which oceurroi in ?au Domingo. The throatonei riot in Kichmond, ou Thursday last is but a premonitory symptom o what may take place, and ought to li an impressive warning. When th materials for a geuornl contlngratioi j are prepared, a little spark will setal j ablaze. This is not an over-draw; : picture, fearful ns it is, as over ! thoughtful, unbiased person mus j acknowledge. Such aro tho result . to which the disorganizing and dt struct''..! harangues of Wilson, Kell I and other radicals now in the Souti nie leading ns. Another disturbing element in th South is seen and felt in the conclue of some of the military commanders. These gentlemen seem' to have mis? understood the nature of their duties. Thejr. act os if th? country waa still in a state of war, and the '<Sorjith under martini law. They do not understand that tliey are placed iu command sim? ply os a police power, to preserve order, and to see that tho reconstruc? tion Acts bo not obstructed in execu? tion, and for no other purpose. Tho Acts of Congress have nothing in them to warrant arbitrary doings, besides, the war being ended, and tho South not being under martial law, thc people have tho constitu? tional right of a free press and free? dom of speech and action, so long ns they do not break tho peace. Tho South was not placed, and ought not to be placed, under the government of despotic military satraps. All these things are wrong, dangerous and de? structive to the principles of our Go? vernment. They creato despair in tho Southern mind, and paralyze all tho good efforts and energies of thc I people. If the military commanders of the South do not understand their I duties better, General Grant or thc War Department should instruct them. 4 ..??-? TIM Mobile Hint. Tho Washington correspondent of thc Baltimore Sun says that a lett?r just received iu that city, from a pro? minent Northern citizen, well known iu the politioal circles of tho North? ern States, dated ot Mobile, May 15, gives one of thc most correct ac? counts of the late riot in that city that has been prepared, probably. It is brief and comprehensive, and curies upon its face the impress of truth. The whole story of tho-riot, from its incoptiou to tho end, is told in a few words. The writer says: "I write you from this branch of the 'Lord's vineyard,' to give you the plain truth as to the riot of last night in this city. "While Judge Kelly was speaking, a policeman was having a verbal al? tercation with a drunken fellow, who was misbehaving, and seized him for arrest. The crowd immediately around was excited, but not noisy or violent. At this particular time, thc horses attached to tho ambulance of Col.' Shepherd, 15th Infantry, were frightened, aud started to run through tho crowd. Of course, every person tried to get out of the way, and, rush? ing furiously in every direction, pressed against others, and some per? son behoving it to be a riot, tired a pistol, whereupon there was a genoral firing, somo towards the speaker's staud, und some from it. Lights were blown out; Kelly got under thc table, and then got away to the hotel, no ono attempting to molest him. "There was no person on the stand hurt. The only persons killed ami wounded were opposed to tho radi? cals, except one negro, who wnf found dead some distance from the scene. "The whole affair sprang np in f moment. There was no preparation for it. Tho parties mostly armed were the negroes. There is not a re speetable man hero who does nol greatly regret the occurrence. Mun} of them, of course, do not like Mr Kelly's radicalism, but there was nc disposition to prevent his speaking oi break up his meeting by any leading man here. I was at tho meeting awhile, nud all then seemed attentive and quiet. "Judge Kelly came, very hastily tc tho 'Battle House,' and a body of sol fliers were thrown about the house tc guard him. Ho was taken to his meal by the military, and seemed afraid t< leave here for Montgomery in tin regular steamer, having a special boa to carry him from this wharf. Ho wa in no more clanger than I am, ont could walk the streets with just a much safety. He did not need mili tary protection any more than I do but ho called oil the military fo effect. It sounded more martyr-lik to need protection. It. would e.ront more sensation North. It was a trum] card. The whole affair will give Mr Kelly more notoriety than all hi other acts combined. "1 regret that the affair took place because of the lives that were lost because of tho interruption of fre speech, and because it does gross in justice to the people of Mobile." COMMENDABLE.-Tho freed pcopl of this town have, for several mouth past, been devising moans to rais necessary funds for the establishmcr of n school for colored eh i ld rei Last week, a committee of thrc from this class canvassed thc towr asking subscriptions from their whil friends in sufficient amount to buy loi. for the erection of the propose building. In a short time, the amour required was subscribed. It is uudci stood that thc Bureau will appn priate funds sulficiont to erect tl: building, when the site is furnished \ Yprkville Enquirer. HORSE THIEF.-On Tuesday last, party of gentlemen from Catawl County, N. C., passed through th place in charge, of a young hort thief, securely handcuffed, and c his way back to the scene of his vi hu ny lor trial. We learned inciden ally that the yoting rascal bad stolr ! a mule from a citizen of Catawbi i and had made his way to (-hester, i I this State, where he attempted 1 ' dispose of the animal. [Yorkpilfe Enquirer. Local Items. POST 0<ric^H<Jui|.-^Tbe office is opea, from Ho. m. until SK, p. m., rind from 6 uirttl 7 p. m. Tho North? ern mail closes at '?}-., p. m., and all other mails clono at 8 p. m. COL. W. D. DESACSSUBE.-We un? derstand that tho rcmnius of this gallant officer have been removed from the soil of Pennsylvania, aud will reach Columbia, his native city, on Monday evening. Jon Punmsa;-The Job Office of the Ph?inix is as complete as any iu the South. It is furnished with new fonts of type of all descriptions and of the most modern styles. All work executed promptly, with taste aud skill, and at reasonable rates. The lovers of turtle soup can gra? tify their appetites to-day, by calling at the Congarce Restaurant. Mons. Beraghi is famed for his skill in pre? paring turtle soup, as well ns other nice thiugs. TELEGRAPHIC DESPATCHES. -Thc P/uenix aud Gleaner are the only papers iu the State, outside of the city of Charleston, that receive aud publish thc latest telegraphic de? spatches, market reports, etc.-Ame? rican and European. Itccollect, also, that thc news in these publications is furnished throughout the upper Dis? tricts twenty-four hours ahead of the Charleston papers. The subscription to thc daily is SS a year; tri-weekly ~>, and weekly 83. A SENSIBLE SOMBIIOB-Y-The mun who says the world is full of people who can't imagine why they don't prosper like their neighbors, when the real obstacle is not in banks or tariffs, in bad public policy or hard times, but in their own extravagance aud heedless ostentation. Let a mau have a genius for spending, and whe? ther his iucome be a dollar a day or a dollar a minute, it is equally certain to prove inadequate. The bottomless pocket will never fill, uo matter how bounteous thc stream pouring into it. CAI?DSI CARDS!-Show cards, busi? ness cards, visiting aud wedding cards, oxecuted at the Phoenix Job Office, iu tho neatest styles of the art Cards of all sizes constantly ou hand, and all orders from town or country promptly attended to. Is IT A COMPLIMENT OU A SLIGHT? Thursday's Augusta papers recorded the passage through that city of Judge Kelly, tho radical orator. Yes? terday, tho Charlotte Times informs us, ho was in that city, and would address the people last night. It will thus be seen that, although passing directly through Columbia, he did not honor her with a speech. Thc question occurs to our mind, was this a slight to our people, white and black, or was it a compliment to the freedmen, whom he supposed to be intelligent enough to take care of their own political matters? Wo should like to know. SUBSCRIBE von THE GLEANER.-In? stead of buying Harper* a Weekly aud other trashy and slanderous publica? tions of tho North, subscribe to the Gleaner, which contains more read? ing matter, and of a far superior I quality, than any of them. The ex? amination of a single number will convince the most skeptical of tho ! truth of this assertion. Subscribe without delay ; and another thing i> promised-that at tho eud of the year, if the numbers are preserved, you will have a tolarno to bind wort'.: ten times the subscription price. Snow POSTERS, HANDBILLS, Sec. ! Our supply of type and facilities oi press-work enable un to turn out froru the Phoenix office the most attractive styles of posters, hand-bills, Sec., al short notice, and in the most satis factory manner. SEW AnvEKTiHKURNTM. -Al tan i mn lu nail ...I tn the following advertisement?, whit)] sre iinblishod thia morning for the rtrr> Mme S. ll. Myers A OM. -COW Strayed. A. lt. Colton-Farm Grist Mills. Browne A Schirmer-Dissolution. James Cosgrove-Soda Water, Ac, N. Biraghi--Turtle Soup To-day. Meeting Typographical Union. W. T. Walter-Auction To-day. Duffie A Chapman New DOOKS. Win. Olazo A Cn. ? Sugar Mills, A.c. A. M. Moreland -Bonds and Coupons . J. H. McMahon To City Tax-Payers. -?-??. In entering upon tho third weeli of h; popular clearing sah s, Mr. B. C. ?Shivr Intends offering some wonders in all style of Embroidered Qpoda. The favor .in popularity of the clearing move induce tum ti? continue to dispense the ^reat bal gains Je heretofore^