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<*~---!-i---iii-- . Tuesday Morning, November 5, 1867. . ? ( " '< ?" . -: _ Cotton Interest* We have on ?everai occasions writ* ten concerning the futuro prospect of tho cotton interest of tho South, and a brief current paragraph bringa / the subject again bef?te us. The ' paragraph alluded to, simply states '. that,the South will shortly be driven ont, of tho cotton trade, and that 1,000,000 bales of the staple are now on their way to England,' from the East Indies. As to some of the ad? vantages v that India possesses over tho South, for thta cheap production , I, ol ?ho staple, it may be mentioned that labor can be obtained there for five oents per day, and that one of tho Piffle?1*102 Thich Lav? ueretoiore increased the cost of the article from the East, viz ; the imperfect trans? portation in that country-has been Bormonntiv?: The East Indies, it is stated, have now more miles of rail? road in operation, than Spain, Italy or Kassia, The Baltimore Sun calla attention to another probability, and that is, that when the home product of Eng? land shall be deemed adequate to her Supply, she may impose conditions , upon the imports of American cot? ton. Such are the lamentable results to our interest and pride, from the events of the past six years, and the x policy which has succeeded them. With on* depreciated currency and high tariffs, under which the cost of manufacturing is great, the manufac? turers of this country can do little or nothing in the foreign markets with their goods. The cotton trade in Liverpool and New York is already suffering severely by the recent decline in the staple, and the effects are beginning iu other branches of business, not omitting the manufacturing interest. These, says the Sun, are unpleasant; bnt they admonish the country of the danger to all its groat interests, of persistence in the policy which has ( produced such results, and the vital importance pf wiso legislation and restored friendship between the two sections-whos6 interests are so closely identified, that one cannot suffer without injuring the prosperity of the other. We most earnestly hope that wiser counsels will pre rail - in the next deliberations of the Na? tional Legislature, and be followed by speedy reconstruction. The Convention. The Charleston Mercury is not in favor o? the Conservative Conven? tion, which has boen called to meet in this city. It says : "Of the high and patriotic motives -which have governed this call, we havo not a doubt. Not, however, having seen the correspondence 'with influential public men at the North,' wo may err in our anticipations; but with 8uoh lights as we possess, we do 'not hesitate in expressing the opi? nion, that tho cull is inexpedient, and will most probably produce evil in? stead of good." In another paragraph, it says : "It is true, that the call proposes to regulato the course of the citizens of the State, towards the State, as well as 'to memorialize Congress to reconsider the reconstruction bills.' In our judgment, the course of the citizen of the State, is simply to do nothing. Let him stay away from the polls, which are to be held for a Convention; and leave to tho United States military and the negroes, to make and carry ou their government of South Carolina." This paper, some mouths ago, was in favor of a Conservative Conven? tion, to endeavor to unite all the voters of tho State; but at this late day, after registration has been com? pleted, and very many of the candi? dates nominated, we fear no special benefit will result from snch a meet? ing. _ ._ The Freedmen's Bureau will expiro next July by limitation. It is under? stood that General Howard will not recommend its continuance beyond that time, in case reconstrnction in the South should bc accomplished. In that event, ho will recommend a comprehensive system of education for tho colored youths South, by the establishment of an extensive normal school at Washington city, for tho odncation of colored teachers and the organization of normal schools for tho sarao object in tho Southern States. -?-?-?>-? Tho first snow of-the season fell at Chicago, on Tuesday, LATER FBOM ?xHVTtsa--The WiW ington Chronicle, of Wednesday, pub? lished the views of Mr. Thaddeus Stevens on the condition of tho coun? try and the proper remedies for its restoration, communicated to his friend, D. Ck Pfeiffer, M. D., and published at the request of Mr. Stevens, because he fears that his health will not be such as to enable him to' give them utterance on the floors of Congress. Mr. Stevens assumes that the De? claration of independence was de? signed to secure to everybody certain inalienable rights, and that the elect? ive franohise ranks with "life" and "liberty" in its inalienable character, a proposition vrhioh does not require a grave reply. But, when they framed the Constitution, he says, our fathers brxrtexed away, for the time being, somo of those inalienable rights. It was, however, a more sus? pension of the right, which, he con? tends, has been removed by the adoption of the fourteenth amend? ment to the Constitution, which de? clares as follows: "All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges and immuni? ties of citizens of the United States; nor shall any person bo deprived of life, liberty or property, without due process of law; nor deny any person within its jurisdiction tho equal pro? tection of the laws." Mr. Stevena then argues: "If by the amended Constitution every American citizen is entitled to equal privileges with every other American citizen, and if every Ame? rican citizen in any ono of tho States should be found entitled to impartial suffrage with every other American citizen in any State, then il follows as an inevitable 'conclusion that suf? frage throughout this nation is im Eartial and universal, so far as every uman being, without regard to race or color, shall be found concerned, and so far as it effects the whole nation." The Baltimore Sun pertinently adds: "Why not also without regard to sex or age? If women and children are allowed to bo persons-as they are-and if nil 'poraons' born in the United States aro citizens, why should thoy not bo 'found concerned,' and be entitled to equal privileges with all other citizens? If tho argu? ment of Mr. Stevens does not provo that, it proves nothing." - ADVICE TO THE SOUTIIEIIN FKEED MEN.-The New York Times says: "We trust that tho Southern blacks will seo to it that those candidates for Congress of their own color whom they may support aro men of ability, reason, sense and character. Wo consider this warning necessary, be? cause we notice**that tho white men whom they have most prominently sustained in the recent elections aro not of this kind. Tho foremost of thom aro wild, raving, incendiary demagogues. On tho other hand, many of tho black members of the Convention aro very sensible, respect? able persons-not much versed, per? haps, in constitutional law, or tho arts of Government, or the philoso? phy of statesmanship, but 3'et pos? sesed of a fair amount of common sense. Tho colored voters may, per? haps, think that men of this kind have less chance of being favorably received in Congress than black Huu nicutts; but even if this were tho case, these voters would do them? selves honor by electing reasonable and sensible representatives." TUE FALI? BUSINESS IN NEW YOKE. The Financial Chronicle speaks of tho general disappointment of city mer? chants nt the result of tho fall busi? ness. During tho last live or six weeks, tho volume of transactions has declined very perceptibly; tho second purchases of traders from the inte? rior have been light; thc Southern demand has fallon much below ex? pectations, and the "near by" and city trade demand has proved a fail? ure. In ita commercial article, tho Chronicle Bays that tho "prices of merchandize hnve declined much more than gold in the past two years, and there is a disposition to now look for a corresponding fall in gold, rather than a re-action in merchan? dize-a fact which causes buyers to purchase only to supply their imme? diate wants." It ia a faot of which there are con?tont!y new prooio, lhat, until the monetary basis of our com? mercial transactions is specie, tho fixed and universal standard of value throughout tho world, there will bo constant uncertainty in all branches of business, and in all the industries of the country. Tho following table exhibits the rato of taxation per male adult in six of tho principal cities: New York, $123.20: Philadelphia, $82.92; Bos? ton, fM5.80; Cincinnati, $92.34; Chicago, $84.52; San Francisco, $140. G8. Wtmt U ?he Kellet 1 ' MESSRS. FDETOBS: NO question of deeper importance, or) of more vital interest, can be proposed to the people of the State. None of snob import? ance and interest has ever been pre? sented to the people, at any time in the history of the country. "Well may it be asked, what relief can be given or afforded by the Convention, which is about to be elected by the people ? Let all the people ponder the weight of the question. I was a member of the Convention of the State, in September, 1865, and advocated before the people of Newberry District this proposition that the indebtedness of the people should be so graduated in proportion to the losses sustained by the war and the freedom of the slaves, that the indebtedness of tho country should be reduced in proportion as the value of the property of the country 'had been diminished. I thought that the Convention, coming directly from the people, had th? power to do this, or something like it; or at least, do that whioh would cause the calamities and disasters of the war to be shared by all classes equally, or rateably, so far as this could be done. I think this would be doing justice The credit of the country was based on the value of the property in it. A large part of that property-and that, too, the most available and most valu? able iu the South, not only iu this State-consisted of slaves; their emaucipation has deprivod tho people of a large amount of property-all their lands have depreciated very much in value. Bank stocks and all other stocks have also depreciated in value; and it is manifest, that if tho country, with its lands aud every? thing else, were put up to bo sold in the shoriff's hammer, all would not near bring what would pay off the indebtedue8s of tho country. Anything so plaiu as this, needs no argument to illustrate it-it is "so plain, that a way-faring man, though a fool, need not err," in this respect. In this state of things, the great bulk of the people would be turned out of doors, and a few money holders would become the owners of tho lands. CHU auy man, who has the common feelings of humanity, look upon the scenes of distress and misery that would thus be produced, aud have no feelings of compassion? Per? haps ho who could see nothing but gold, could with indifference behold such a sceno ! None other could, I know. I do not know who will composo the .nembers of tho Convention; but wk? over they aro, they will have grave and responsible duties to per? form. They need not suppose they can hastily, and without mature de? liberation, meet and frame a Con? stitution, without being held to a strict accountability for the work they do, and tho manner iu which it is done. Something must bo done for the relief of tho country and the people who dwell iu it. To overburden them with taxation, and to lay nny heavy tax on industry, is wrong. Lands should not bo heavily taxed, because that is making our commou mother pay because wo draw our nourishment from her bosom. Wise statesmen never tax lands high; tho taxes on lands should always be low -and this is true of all taxation. And if the Convention can or will do nothing else, they should be careful to secure to every family a home? stead, sufficient for the support of the family, which could never bo sold under execution. This should be the fundamental law of the land the Constitution. Wo aro aware that repudiation is spoken of in some quartors, and tho Convention may adopt some measure of that sort. Tho principle of repu? diation is acknowledged by all Go? vernments, though it is called by another name. He who avails him? self of tho benefit of tho bankrupt law, gets clear of all his debts, except those which arc excepted from tho operation of the law; and, when dis? charged as a bankrupt, bc is dis? charged from his debts, except ns provided in tho Act of Cougress. This, then, is repudiation, according to law, aud tho debts from the pay? ment of which ho is discharged can never bo recovered against him by law. A baukruptcy is pleaded in bar of tho recovery. Is not this the very principle ol' repudiation? It is doue, however, according to law. What is thc difference between tho doing of it by Act of Congress and by a Convention of tho people except this, that tho ono is done by the authority of the Constitution, and is applicable to the people of tho United States, and the other is done by tho people of tho State, and o?n uot be applicable farther than to the people of the State? Tho principio is tho samo iu both cases, for the debt is wiped out. These thoughts have been suggest? ed, or rather brought to mind, by an article nndor tho editorial head, "Relief,"in Wednesday's paper. I have presonted them to elicit thought and reflection. People must think and act. Tho condition of the coun? try demands tho rolioctions and sug? gestions of our best men. Tho country is prostrated; wiso counsels are needed io put tho people in a condition to reprieve their losses. It will take time to enable the people to recover. A short period was sufficed to prostrate tho energies of tbe poo ple; years will elapse bef?te the for? mer prosperity of the Country is restored. I see the ruin before tbe people-^I love my State and her people, and therefore have I spoken. HENRY SUMMER. NEWBERRY,.S. O. ! Vicrron EMMANUEL.-Whatever moy bo the result of the impending colli? sion between Garibaldi and the hero? ism of young Italy on the onn side, and Napoleon and the flunkey ism of old Italy on the other, it seems in? ?vitable that Victor Emmanuel, hav? ing forfeited the confidence and re? spect of both sides, mnst be ground to powder as between the upper and nether mill-stone. To have taken sides vigorously with either, party, might have shattered bis power; but it would not have bu uuuipieteiy de? stroyed his character and conse? quence. He evidently had the^am bition to desire that Garibaldi should present the Eternal City to Italy as its capital, or ho would by seasonable and sincere vigor have prevented Garibaldi's movements. Ho was will? ing to equivocate, and pray "good Lord" to Napoleon, and "good De? vil" to Garibaldi, so long as equivo? cation involved only cowardice. He fain would wound, but feared to strike the blow. Holding his crown by tho permission of two opposing elements, young Italyon tho one side and Franco on the other, he ventured to drift into a disgraceful crisis, by acting in concert with neither, and alienating tho confidenco of both. Hod ho been a statesman, ho would have allowed no rupture with Gari? baldi, without entering into thorough alliance with Napoleon, or if he broke faith with Napoleon, would have first secured the aid and support of Prus? sia. As it is, while Garibaldi vin? dicates his greatness as a revolution? ist, and Napoleon avails himself of tho dilemma to assume a still more controlling position, Victor Em? manuel melts in tho fiery ordeal like an imago of wax. He can never again win tho homage or admiration of tho Italian people. [New York Tribune. Tho Indian Peace Commissioners havo concluded a peace treaty with tho Apaches. This tribe is to con? federate with tho Kiowas and Co? manches, and henceforth live at peace with the whites. They are to receive a certain quantity of land, and $5,000 per annum in money, be? sides clothing. A separate treaty will bo mado with the Arrapahoes, who, together with tho Apaches, are to dissolve their connection with tho Cheyennes, on account of the hostili? ty of J tho latter to tho whites. Tho Cheyennes had not, at tho last ac? counts, attended tho Council, but wore hourly expected. POLITICAL.-Wo learn that tho fol? lowing is the ticket of the Republican paaty, as finally agreed upon in the nominating Convention last Friday night: A. J. Hausier, (colored,) F. A. Sawyer, C. C. Bowen, A. G. Mackey, Gilbert Pillsbury, Rev. F. L. Car doza, (colored,) Rev. R. H. Cain, (colored,) R. C. DeLar? ' "ered.j William McKinlay, (co. i.) The names aro in tho order cted by ballot. We also learn that a public ratification meeting will bo held at Military Hall this week. [Charleston Courier. The wife of the famous Ned Bunt line died, a few days ago, in tho poor house, at Nashville, Tenn. She waa a Cuban, named Maria Cordova, of exceeding beauty in her younger days, and had led a life of strange adventure-first as cigar girl in New Orleans, then wife of tho roving Ned, mistress of Ben. Mcculloch, tho Texan ranger, resident of a Mexican convent for ten years, and then a downward course which ended in poverty and a pauper's death. DEATH OP AN AUED FREE MASON. Mr. John Foster, one of tho oldest members of tho Masonic Fraternity, died in Boston, on Tuesday last, aged ninety-five years and sixteen days. He was a native of Roxbury, and for moro than forty years a re? sident of that city. Tho Masonic de? grees were conferred upon him in tho year 1800, by Hancock Lodge, of Cas? tine, Maine. DEATH OE A CENTENARIAN.-Dora Brown, formerly tho servant of Mr. James C. Brown, of this village, died a few days ago, at tho advanced ago of one hundred and three years. She had lived with her owners up to the Ump of her death, and as a ser? vant, commanded the respoct and esteem of all who knew her. [Barnwell Sentinel, Nov. 2. A gentleman occupying an Gj??uiai position, recently received through the post office, a well executed coun? terfeit $10 note on the Third National Bank of Philadelphia. The face of tho noto is likely to deceive, but the engraving on tho back is coarse and inferior as compared with tho genuine issue. A silk dress was awarded to the handsomest young lady at tho High? land County Fair. It should have been givon to hor mother-both be? cause she is tho person entitled to tho credit, and because it would havo been ab incentive to other mothers. We ore informed that James E. Peterson has been appointed by Gen. Canby, Magistrate of Newberry Dis? trict, vice John Coate, resigned. The Commissioner in Equity for this District-D. B. DeSaussure, Esq. -disposed of some valuable city pro? perty, yesterday, which, we learn, brought high prices. So mote it be. VEBY SAD.-We have already pub? lished in the Phoenix a notice of the death, in Brenham, Texas, of Prof. Bichard Ford, lately of this city. The obituary notice, in another column, furnishes additional melan? choly intelligence to the Columbia friendo of that family. Husband, mother and ono child carried off in three days. The unhappy wife, it is said, was so overcome by the loss of her protector and child, that she actually died of a broken heart. HOMICIDE.-Wo regret to learn that a difficulty occurred on Saturday last, about seven miles above Colum? bia, between Mr. John J. Stack and a freedman in his employ, named Hampton Dozier, in which the latter was killed. An inquest was held over tho body on Sunday, by Coro? ner Walker, and after a strict ex? amination of the witnesses, (all of whom were freedmen,) and a close investigatiou of all the particulars, the jury returned a verdict, to the effect that Mr. Stack act'd in self defence. Mr. S. immediately came to Columbia, and surrendered him? self to the civil authorities, and is now in prison, awaiting a judicial ex? amination. Tho Wept of the Wish-ton-Wish the first drama performed by tho Bailey's iu Columbia-drew an im? mense crowd last uight-the hall being completely filled. A number of our young fellow-citizens rendered very effective assistance in sustain? ing various characters, and several showed, by the independent manner in which they "trod tho boards," that they possessed the one thing esseutial to successful acting-confi? dence. Continue this card, Mr. Bailey-it will pay. To-night, the thrilling drama of tho "Charcoal Burner," will be pre? sented. Go early and securo a good seat. A meeting of tho citizens of Rich laud District was held yesterday, at 12}.i o'clock, at Gibbes' Hall, for the purpose of nominating delegatos to the Conservativo Convention, to be held on Wednesday, the 6th instant. Hon. E. J. Arthur acting as Presi? dent, and F. G. DeFontaine, Esq., Secretary. Mr. Pickling explained the object of tho meeting, and moved that a committee of five be appointed by tho Chair, to nominate delegates. Tho Chair appointed Messrs. Pick? ling, Hampton, Stork, Thomas, and D. B. DeSanssuro, who, after due consideration, reported tho following ?aues: W. F DeSanssure, Wade Hamptou, E. J. Arthur, L. D. Childs, Theodore Stark, W. B. Stanley, T. W. Radcliffe, D. W. Ray, Warren Adams, A. R. Taylor, E. J. Scott, Samuel W. Melton, F. W. McMaster, W. H. Talley, J. S. Preston, D. B. DeSaussure, J. G. Gibbes, J. S. Oreen, H. I. Caughman, Jas. Doug? las, J. H. Kinsler, Joseph D. Pope, F. G. DeFontaiue, F. W. Pickling. John English, Wm. Wallace. On motion of Captain James D. Tradowell, the roport was adopted, and tho meeting adjourned. PARDON OP THE BKOTHEES SAUN' DEHS.-The Goveruor has pardoned thc two brothers, Saunders, who were convicted, a year ago, of man? slaughter, and sentonced to the peni? tentiary for four years. MAIL ARRANGEMENTS.-The post office open during tho week from 8)? a. m. to G p. m. On Snndny?, from 1% to 1% p. m. Tho Charleston and Westorn mails are open for delivery at 2 p. m., and closo at 9 a. m. Northern-Open for delivery at 10% a. m., closes at 1 p. m. Greenville-Open for delivery at 3 p. m., closes at 8 p. m. FIVE CENTS.-Tho price of single copies of tho Phoenix ia five cents, and purchasers are roquested to pay no moro for them. Wo aro informed that some of tho news-boys charge ten. This is an imposition. Read TJdolplio Wolfe's advertise? ments in to-day's paper. JOB WORK.-Every description ot book and job printing-pamphlets, bill heads, circulars, labels, posters, programmes, business, wedding and f invitation cards, railroad receipts, checks, drafts, &o., promptly execut? ed at tho lowest rates. NEW ADVERTISEMENTS.-Attention is call? ed to the following advertisements, pub? lished thia morning for the first time: Bailey's Varieties To-night.. C. B. Collier-Administrator's Notice. Booms to Bent. Meeting Palmetto Fire Company. Fisher A Lowrance-Oat a and Corn. M. J. Calnan-Registration. Jacob Bell-Citation. Meeting True Brotherhood Lodge No. 64? Jacob Levin-Gas Bills. Beverly Nish-A Card. - C. F. JACKSON is recoiving goo is rpgu- \ larly every week. They are woll selected and sold at low rates. Call and see them. No house soils goods cheaper than he does. OBITUARY. Died, ofyollow fever, at Bronham, Texas, on tho 29th September, 1867, in tho forty ninth yosr of his age, Prof. RICHARD FORD, a nativo of England, bnt moro recently from Columbia, 8. C. . At the same place, on tho 2d of October, aged twenty-eight years and three months, ANNIE MIDDLETON, wife of Prof. Ford, and only daughter of L. G. 8. and Mary P. Middleton, of Georgetown, 8. O. At tbe same place, on the samo dav, WILLIE BALDWIN, aged ten months, youngest son of Prof. and Mrs. Ford. S3" Charleston and Montgomery (Ala.) papers please oopy. _II I I un' _ \ w. MESSBS. EDITOUS PBONIX: I was some? what surprised at a paragraph, published in Sunday's CnronUHt, signed "Republican Voters," stating that I would, on Tuesday, announce whether or not I accepted the nomination to tho Convention. This notice was unauthorized by mo. When I deem it necessary, I will accept or decline tho nomination, without any advance blowing of trumpets. Nov 5 BEVERLY NA8H. TO RENT. THREE or FOUR ROOM8. If desired, Stable and other out-buildings will be rented. Apply at House, Plain street, ono door East of Nickerson's Hotel. Nov 5_1* To Consumers of Gas. BILLS for month of October aro now ready for delivery. Notice of amount will be found at tho Post Office. Prompt settlement is respectfully requested. JACOE LEVIN, Sec. Gas Company. Nov 5_ _ 8 True Brotherhood Lodge No. 84. ? A REGULAR COMMUNICATION ??#W'of this Lodge will bo held THIA /V\ (Tuesday) EVENING, 6th instant, at 7 o'clock, at Odd Fellows' Hall. By order of tho W. M. Nov 5 1_T. P. WALKER, Seo'y. Palmetto Fire Engine Company. > i THE regular jtiA ^-^B^sfi^-j - nf0Ij|^y meeting President. C. A. CARRINGTON,' Nev 5 L _Secretary pro tenu Registration-Final Session. IN compliance with Paragraph II, Gene? ral Ordors No. IOC, Headquarters 2d Military District, tho Board of Registra? tion for 2d Precinct. District of Richland, will hold a session of five days, at the Pal? metto Engine House, commencing THIS DAY, tho 5th inst., from 10 a. m. until 2 p. m., for Anal revision of the Registration Lists-when any persons residing in Co? lumbia, or Davis' Election Procinct, that havo not registered, and aro entitled to do so, can have an opportunity. M. J. CALNAN, Chairman Board of Registration, 2d Preciuct, District of Richland. Nov 5_3_ THE BAILEY TROUPE, AT J ANNE Y'S HALL THE MANAGER OF THIS POPULAR TROUPE announces that, in conse? quence of the very favorablo reception of tbe drama, last night, THIS ( TUESDA Y) EVENING, NO V. 5, Will bo prosontcd the thrilling drama, in two acts, entitled THE CHARCOAL BURNER; on THE Dripping Well of Kniunborongln After which NEW SONGS, DANCES, Ac. Tho whole to conclude with A LAUGHARLE FARCE. Second night of Mn. J. R. LAWRANCE. Admission 50 cents; Children half price. Doors open at 7, performance to com menco at half-past 7 o'clock. Nov 5 Administrator's Notice. NOTICE is beroby given that tho under? signed bas hoon duly appointed and qualified as Administrator oe bonis now, with tho Will annexed, of ELIJAH WIL? LIS, deceased, who formerly resided in Barnwoll District, South Carolina. All porsons who are indebted to tho estate must account to mo, and tboso per? sons who aro in possession of the real and norsonnl properly sbtjsofttozou uuder tho laws of tho Confederate Government, are hereby notiilod that, unless possession thereof is dolivered to mo, amicably, I will bo compelled to resort to tho tribunals of tho Unitod States to onforco possession. JOHN PRESTON, Esq., of Columbia, is my Attornoy, and communications may be addressed to him. CHARLES B. COLLIER, Nov 5 il Of Cincinnati, Ohio. Change of Schedule on the Green* ville and Columbia Railroad. BREAKFAST HOUSE AT ALSTON. Train arrives at 7.15 a. m., and by order of General Superintendent, ampio time allowed for BREAKFAST. MRS. M. A. ELK IN A SON. Oct31_Imo Dew or tlie Alps.-This cordial has only to bo tasted to bo appreciated. ? . /