Historical Newspapers of South Carolina

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COLUMBIA, S. C. Saturday ?orning, Haren ll. 1871. INTERNAI, FRENCH TBOTJBIIES.-The present situation of France, says the Baltimore Sun, threatens her with a worse peril thuu any during the war. More dangerous eoemies than the Ger? mana are now menacing her welfare. Roobefort, Louis Blanc, and that school of destructive madmen, having resigned their places ia the Assembly as a silent protest against tho cession of Alsace and Lorraine, may be expeoted to wield a/malign and powerfnl influence with the Prussian mob. It is feared that if the National Assembly adjourns to Paris, it will bo overawed and swept away by insurrection. Ferocious ruffians, who are braver against their own coun? trymen than against tho Prussians, go about the streets wreaking vengeance on helpless men and women who are sup? posed to havo cultivated friendly rela? tions with the Germans during their so? journ in the capital. One journal in? cites the poor to make war against the rich. The 40,000 troops marched into the city from the provinces would seem to be the only force which can be re? lied upon for preserving law and order ia the capital. It is the misfortuno and not the fault of the French peoplo that they have been conquered by the Ger? mans. A relapse into mob rule will not only be their faalt, but will deprive them of tho sympathies of mankind in their present calamities. TRIBUTE OF RESPECT TO BISHOP AN? DREW.-On Saturday last, in tho Balti? more Conference, Northern Methodist Episoopal Churoh, the following was read and passed unanimously: "Whereas this Conferenoe has receiv? ed information of the death, iu the city of Mobile, on the 2d instant, of Rev. James Osgood Andrew, D. D., seuior Bishop of the Methodist Episoopal Church South, and who was, from his election and ordination in May, 1832, until A. D. 1315, a Bishop of tho Metho? dist Episcopal Church; thorefore, Resolved, That we place upon our journal this minute, testifying nur ap? preciation of tho character of tho de? ceased Bishop as an able, earnest preacher of the gospel, and that we ex? press our gratitude for tho grnco which cheered his deolining davB and gave him victory at tho last. Also, that we ex? press our sympathy with the family of the deceased, and with tho Methodist Episoopal Churoh South, which has been called to mourn the loss of its vonerated Senior Bishop." Tho most creditable act which we have known our Northern Methodist friends to have performed for a long time. We make the following extracts from the Chester correspondence of tho York ville Enquirer, under dato of March G: Michael MoCormick, a citizcu of this town, was found dead iu his bed on Fri? day morning last. In the absence of Colonel Daniel Witherspoon, the negro who was elected Coroner last fall. Trial Justice McDonald, earned au honest penny by sitting on tho body. The "crowner's 'quest" said it was heart disease that occasioned the death. The deceased retired to bed the night previ? ous at a reasonable, hour in good spirits and apparent good health. While the Ku Klux scaro is operating extensively all over the County, it is in tho Landsford Township that the most vigorous preparations are being made to meet them. Under the orders of tho league there, the highways are picketed nightly by bands of armed negroes, with instructions to fire into any crowd of mon who may pass along, and to arrest all strangers who are traveling alone, and hold them till the following morn? ing. This information we got from gentlemen in that neighborhood who are fully posted as to all their movements. Prominently engaged in this hostile demonstration, is one of the peace officers of the County. The whole movement is at tho suggestion of white men whose consciences are making cowards of them, and who are pluying upon the superstitious fears of the negroes in order to secure for themselves quiet sleep and timely warning in caso of actual danger. PoonOiiD HAMBURG!-Atan election h obi in Ham'rurg, on the 2d instant, for municipal officers of that ancient old burg. Prince Rivers (negro) was elected Intendant; and Louis Schiller, A. T. Attaway, A. N?rnberger and Joe Tho? mas, Wardens. Poor old God-forsaken Hamburg once the flourishing cotton mart of West? ern Carolina-now the abode of a great? er number of the most consummate Rad? ical thieves, plunderers, and "curs of low degree," in proportion to popula tion, than ever cursed any other spot on the broad faco of this green earth of ours. Tho few decent people yet resi? dente of that luckless town, (and there aro a few,) havo our warmest commisera? tion; and we would urge thom to gather up their households and hio away to thc neighboring hills, and there pray fer? vently for a spring freshet. A freshet forty feet high is now tho only hopo for tho redumption of Hamburg. [Edqe?eld Advertiser, - A sloop was sunk between Smithville and Wilmington, on tho Otb, by which Mrs. Alwildu Piver and her child, and a colored woman und a child sho hud in charge, wore drowned. A big railroad war is going on in tho Virginia Legislature. PuDwc OPINION IN Yowc.---Tbe York ville Enquirer contains a number of cards from sundry individuals- whito and oolored-renouncing further con* nection with tho Radical par^fr J* W. A. Hartuess says: M believe ;thai car j government sbould be a whit o man's go? vernment, and I am no longer a Radi? cal." Sol. Hill und Jone Moore give j notice that henceforth they "proposo to abandon all connection with the Union League and the Republican party," &o. Nelson Davis denies that ho stated that the books and records of the offices of the Treasurer and Oouuty Commission? ers of York were destroyed during tho recent raid on those offices. Horace E. Johnson denies that he said, as alleged, that the liquor in a certain keg in D. S. Russell & Co.'a bar-room contained poi? son at the time the bar-room was enter? ed on Sunday night, the 26th February, &c. Milos Johnson says: "I was born in Charlotte, N. C., and for the past twenty-five years have been a resident and citizen of Yorkville, R. O. About a I year ago I joined the Radical party and attended two.or three meetings of the 'Union League,' and no more. I was nominated by the party and elected to I the office of County School Commission? er for York, whioh offico I now hold. If, however, my tenure of this office re- j quires me to endorse, to justify, to sanc? tion or approve the bad laws that have been passed, or the heavy taxes that have been imposed on the people by the party in power, then I am ready to resigu said office, and to dissolve forevor and eter? nally my connection with the Radical party of South Carolina. It is due to myself, to my wifo and children, that I should further state that I have no sym? pathy with, or knowledge of, those who have been guilty of tho recent burnings, or other acts of lawlessness that huve been perpetrated in this County; if I did know, I should certainly feel it a duty to exert myself to bring tho offenders to punishment. I am innocent of these things. I am in favor of good laws, good order and peace, and 'I dare do all that may become n man' to accomplish these results." THE RAID ON ROSE'S HOTEL.-The Columbia FHONIX publishes tho follow? ing letter, addressed by E. M. Rose, the County Treasurer, to his father in Co? lumbia: [Theu follows tho letter from Mr. Rose's son, which appeared in our columns a few days after the alleged raid.] From what wo have been able to learn, after careful investigation since the above letter was published, we find that it contains several statements which must be taken cum grano salis. The Treasurer says: "The K. Iv. K. made a raid on mo Saturday night, but I gol out of the way." This is so; or, at least, he "got out of the way." The "raid," however, was made about 1 o'clock on Monday morning. "They destroyed all my papers, but left tho tax duplicate." Mon of credi? bility, several of them filling the highest offices in the County, examined tho Treasurer's office, on Monday morning after the "raid," and found the records and tax books of the office undisturbed. "The troops arrived yesterday. I came in last night." These statements, wo doubt not, are true. "The troops" arrived, and the Treasurer was on the streets Tuesday. "Russell's liquors and the records of the County Commissioners were all de? stroyed." The ohairman of the board informs us that but one paper is missing from his office, and he believes he will yet find it. "They have broken everything that they could-doors, ??o." Less thau twenty dollars would pay for all tho re? pairs necessary for the broken pannels of two doors, and tbe fastenings or catches broken on some of the other doors. "And took out of the safe about 81,000-it may be less, I oannot tell yet." The latter clause is true, for when the letter was written, he did not have the key of the safe from the time he left the building. It is supposed that three wit? nesses will prove that said Treasurer, when he "got out of the way," in fact had all the tax money about bim; and divers witnesses will depose to his sub? sequent statements that no money was missing. "They fired about 150 shots at me as I was running." Only about thirty wit? nesses, citizens who reside in the imme? diate neighborhood, can testify that but ono-a pistol shot-was fired at a dog, who, by his yelping, did not "get out of the way." We deem it due to all parties to mako the above corrections, which we do in an impartial spirit, and only after tho? roughly investigating the matter, and feeling convinced that our statements aro based upon perfectly reliable author? ity.- Yorkville Enquirer. ARREST OF A VTJ?LAIN.-Henry Cab? bage, a negro, charged with assault and battery and rape, was arrested last week by Sheriff Ward. In May last this monster committed a rape ou a white girl iu Cluroudon County. Ho was ar? rested thero but made his escapo by breaking out of prison. Ho is a bold und hardened villain, and nckuowleges the crimes of which lie]stands charged. He is now decorated with irons, awaiting thu requisition of tho Shoriff of duren don.-Kihgstree Star. ARRESTED.-On Saturday last, Cuplaiu C. V. Hamilton took to Edgefield throe negroes, named Houston Abney, and Ellen, his wife., and Thos. Porry, 'ins? pected of thu murder of tho Rev. Mr. Harrison, Tho Advertiser says that Captain H., by adroit questioning, has drawn from them a confession of their guilt. DIFFICULTIES, rn CHEST EU,-'For ?otuo j days exciting ramors of serious difficul? ties botwoep the whit? and colored peo- | plo of Cb es tor hnvo been prevalont in quarters at the Mt. Carmel Church, on | the main road, about eight miles this I side of Chester Court House, was well authenticated, aod that Mr. Carland Smith had been bushwhacked and had his horse killed under him, was also re? ported and believed. On Toesduy. a oouritr oame from Chester, calling cn tho peoplo of Union to go to the assist? ance of the peoplo of Chestor Court House, todefond that place from a threat? ened attack from the negroes. To this call a number ol oar young meu promp " ly responded, and stnrted from here late Tuesday evening. Early on Wednesday morning, when about a mile from the church, heariDg that the negroes had burnt that building, and, it was sup i posed, left for Chester, five of our men were Bent forward to find out the true condition of affairs. While riding along the road near tho church, five volleys of musketry were soddenly fired upon them in rapid succession, from behind crees and boulders of rook. Tho white men retreated, and the negroes made a oharge upon thom. Tho main body of the white men then came up and returned tho fire of tho negroes, when they broke and run. Seven negroes were killed and one taken to the Chester jail. It was a miracle that not one of the white men was killed. The first firo of the negroes was de? liberately taken, not more than forty yards from tho five white men, but not a ball touched ono of them. Mr. J. W. Waters was so severely wounded above the knee that amputation was found uecessary. Noothor iujnry to tho white men was done, but they hud oue horse killed and two badly wounded. The j above can bo relied upon as the truth, for we have it from responsible partieB who kuow all about it. Tho white men from Union had no intention or desire to attack tho colored people, but were on their way, as they believed, to protect tho lives and property of tho citizens of Chester. Again hns the militia guns brought tho negroes iuto trouble, for without them, they would not have arrayed themselves in hostility to the white people, aud fired upon white men passing along the publio road. [Union Times. ADJOURNMENT OF THE LEGISLATURE. With no untoward accident, the concen? trated essence of ignorance and preju? dice, known as the Legislature of South Carolina, adjourned the day before yes? terday. Of course, we allude to the mujority iu making use of opprobious terms, for there are some men of both partios whoso inclination and efforts were directed towards the welfaro of this degraded commonwealth. Hut, alas! they were almost powerless, and really accomplished only a modioum of healthy and beneficial legislation, compared to the wants and demands of this suffering people. And not all of the legislation permitted or procured by tho worst men in that body deserves coudemnation, for even they had glimpses of reason, and occasionally voted for good measures. Even they were not totally depraved. But it is a truthful comment to de? clare that a largo proportion of tho past three months hus been idly spent or wickedly bestowed upon iniquitous pur? poses. lu view of this, and as a parting salute to the Radical majority, we desire to caution them against a repetition next winter of the folly and wickedness enacted by them during the oxerciso of a brief authority. Tho tone and temper of the people of South Carolina at this moment does not indicate contentment, ns it should, and this dissatisfaction is not confined to Democrats, nor to the white race alone in this section. Thore is universal disgust and indignation pre? valent all over this land, aud "there is a point beyond which forbearance ceases to be a virtue." It is almost reached, in our judgment, and this unhappy condi? tion of affairs is mainly attributable to the lamentable ignorance and stupen? dous folly of our General Assembly. [Anderson Intelligencer. STOCK SALE.-On Thursday the follow? ing securities were sold in Charleston: $2,095.40 city of Charleston six per cent, stock, at 47>?. $270 city Charleston stock, redeemable iu 1871, at 59. 850 city Charleston stock, past due, at CG. 3914.85 certifioulo of indebtedness of North-eastern Railroad Compauy, at 63)<i. One bond of South Carolina Railroad Company, seven per cent., $500, at 72. Thirty-three shares Greenville and Co? lumbia Railroad Company stock, at $1 per share. 330 shares Charleston Gas Light Com? pany stock, at20>?@20>?. Ninety-two shares South Carolina Railroad and bank stock, at 36>?@37. 140 shares South Carolina Railroad stock, at 3G>?@36%. Two bonds ol North-eastern Railroad Compauy, first lien, eight per cont., 8500 each, at 88)?. DEATH OF AN ESTEEMED CITIZEN.-We regret to announce the sudden death of Major George Graves, un estimable citi zeu of the upper portion of tho District, during Ibo past week. Ho had been visiting at tho house of a friend, and when leaving for homo, suddenly fell speechless, and in that condition re? mained until death, which took placo in a few hours. Ho was a man of more than ordinary intellect, and WAS distin? guished for many excellent traits of cha? racter. He leaves a largo circle of rela? tives und friends to mourn his loss. [Abbeville Press and Banner. Mr. Thomas Alexander, a citizen of Bryan County, Ga,, whilo on his way home, foll from his horso and almost immediately expired of heart disease. amhMafc*Ma?iMtf^-n--Ti-- rn -i-iirT-niti* M. Proceedings of Council. COUNCIL, CHAMBER, - 1 CoLUMhiArS.rO.;Maroftr9, 1871. SPECIAL MEETING. I i ' Council metfct7 P. M. Prisent-His Honor the Mayor; Aidcrmou Cooper, Goodwyn, Minort, Mc-onoy; Simons, Smith, Taylor, Thompson, Wigg and Wallace. Absent-AldormeuDcuny and Hay no. On motion of Alderman Wigg, the consideration of the report of special committee for revision of rules and re? gulations for government of Police De? partment, was suspended to take up the charges nud specifications preferred against speciul detectives J. T. Tucker and J. T. Wilson, viz: Misconduct in of? fice, in corruptly offering to suppress in? formation or prosecution against Rhoda Perry and Ellen Vogel, for selling liquor without a license. Messrs. Tucker and Wilson were ar? raigned for trial, and plead not guilty. Witt:esses vere examined by Hon. Jap. D. Tradewell, City Attorney, on the part of Council. After due, deliberate and freo discus? sion of the merits of the chargea, by Counoil, Aldermau Wigg introduced the following resolution, which was adopted: Resolved, That the ohargosngainst Mr. J. T. Wilson bo dismissed. Alderman Mooney moved that the chargo against Mr. J. T. Tucker be dis? missed. On motion of Aldermau Simons, tho motion was laid on tho table. Alderman Wigg introduced the follow? ing resolution, which was adopted: Resolved, That the chsrge against J. T. Tucker bo dismissed; but Council, whilst dismissing the eburse, do hereby express their extrome reprehension of bin conduct in tho matter. Petition from Pastors of Baptist Church and African Methodist Church for gas lamps in front of their churches. Referred to Committee on Fire Dpart ment. Communication from M. Brown, lute assistant policeman, to be allowed to re? tain his uniform, and for the payment of sainty duo ?ts policeman, tho same having been withheld until the return by him of his uniform. Referred to Committee on Guard House and Police. Communication from policemen Bofil, F. Allen, Byuum and Simpson, asking refuudment of salary withheld for absence from duty, suid absence owing to sickness. On motiou of Alderman Wallace, it was Resolved, That tho petition be referred to Committee on Guard House and Po? lice, with instructions to grant same if, upon inquiry, the fuct is established that said policemen were actually sick. A paper from Messrs. Pope <fc Haskell, attorneys of T. J. ?fe H. M. Gibson, cov? ering an appeal from the decision of his Honor the Mayor imposing a penalty for violation of ordinance relative to sale of spirituous liquors, was presented. On motion, the consideration of the appeal was postponed until the next re? gular meeting. On motion of Alderman Wigg, Coun? cil took a recess uutil Friday, 7 P. M. WM. J. EITER, Clerk of Council. Ku KLUX MANIFESTO.-Below, says the Yorkvillo Enquirer, we publish a document which we received through the post office on Monday last, it having been dropped into tho letter-box the previous night, as we are informed by the postmaster. As to whether or not the paper is genuine, und emanates from the mysterious Ku Klux Klan, we havo no means of knowing, as the handwrit? ing is evidently disguised. Although it is our rule to decline the publication of all anonymous communications, wo have decided to waive tho rule in this in? stance, and print the document for what it is worth. Here it is in fall: EXTRACT OF MINUTES. ARTICLE 1. Whereas there are mali? cious and evil disposed persons, who en? deavor to perpetrate their malice, serve notices and make threats under tho cover of onr august name, now we warn all such persons, and all such bogus organi? zations, that wo will not allow of any in? terference. Stop il! ART. 2. Thero shall be no interference with any honest, decent, well-behaved person, whether white or black; and wo cordially invite all such to continue at their appropriate labor, and they shall bo protected therein by the whole power of this organization. But wo do intend that the intelligent, honest white people (the tax-payers) of this County shall rule itt We can no longer put up with negro rule, black bayonets, and a mise? rably degraded and thievish set of law? makers, (God save the mark,) the scum of the earth, tho scrapings of creation. We aro pledged to stop it; we are de? termined to end it, even if we are "forced, by force, to use force." ART. 3, Our attention having been called to the letter of ono Rose, County Treasurer of York, wo brand it as a lie! Our Lieutenant was ordered to arrest him that he might bo tried on alleged charges of incendiarism, (and if convict? ed he will be executed.) But there were no shots fired at him and no money stolen-that is not in our line-tho Le? gislature of the Stato of South Carolina have a monopoly in that Hoe. By command of the Chief. Official: K. K. K, A. A. G. Dr. J. Wistar Vance, of Cokesbury. has been elected Chief Demonstrator of Anatomy in tho Medical College of At? lanta, Ga. Dr. Vance is a graduato of the University of Edinburg, whero ho boro off tho honors of his class, and to talents of a high order, unites thorough preparation and devotion to his profes? sion. A printer by the name of Lawrence, who had boon employed on the Pee Dec Herald, at Wadcshoro, N. C., was found dead, in a gully, about two miles West of that place, on tho 8th instant. Sixty thousand horses wero cnten in Paris during the siege. o o gt X X -ft o na s MttiuiY'a MUSEUM.-Tho Murah cum? ber ol this established favorite ot the boys ' nod girls has, among other good tt?iogp, ft thrilUcg story, untitled "What that Coast Cost," by Miss Darling, au? thor of "Battles at Home," Terms, $1.50 a year. For specimen and premi? um lint, address the publisher, Horaco B. Fuller, Boston. MAU, A un A N O RM EN TS .-The Northern mail opens at 3.30 P. M.; doses 12.15 P. M. Charleston day mail opens 4.30 P. M.; closes 11.30 A. M.. Charleston night mail opens 8.30 A. M.; closes 6.00 P. M. Greenville mail opens 7.30 P. M. ; closes 8.30 P. M. Western mail opens 1.30 P. M. ; closes 1.30 P. M. On Sunday officio open from 3 to 4 P. M. PHCSNIXIANA.-Tho price of single copies of the PHONIX is five cents. Book and job printing of every kind attended to promptly at PHONIX office. Plain aud fancy colored printing exe* outed with neatness and despatch, on tho most reasonable terms. All the latest stylos of cards, &o., on hand and printed in excellent style, at the PHOENIX office A fount of minion of about 200 pounds, together with two-line letter, nearly new, will be sold at 40 cents a pound, with the cases. Thia is a bargain, ns the foundry price is 68 cents. Also, a lot of second-hand bourgeois and minion, at 25 and 30 cents. Besides leads, rules, chases, etc. Pamphlets, briefs, catalogues, dodgers, posters, hand-bills, bill-heads-iu fact, everything in the way of job priuting gotten up in the best style aud on terms that wo pledge ourselves will bo satisfac? tory to all pnrties. Let us hear from you, business men, in tho shape of or? ders for the epring trade. With ap? proved machinery and steam power, we challenge comparison in prices. Tho last number of the Atlanta intelli? gencer announces that the connection of Col. J. I. Whitaker with that paper has ceased, and tbat "Gov." Samuel Bard will succeed him. Tho great convention of railroad tick? et agents of the United States sits in Savannah on the 28th of March. Every railroad of any great length will be rep? resented in making an adjustment of through and way rates of freight. The matter is now giving the Legislatures of Mississippi, Indiana, Virginia and other States great trouble. We learn that the National Bank of Chester completed its organization re? cently; J. J. McLure, E^q., President, and J. L. Harris, Cashier aud Teller; capital stock, $50,000. Mr. Seegers advertises ice at the great? ly reduced price of one and a half cents per pound, if taken for the season. We hope, and believe, he 'will receive that patronage which'his enterprise so justly merits, and which his good and cheap ice demands. Eighty shares of stock in tho Char? lotte, Columbia and Augusta Railroad Company were sold os follows at York ville, on Monday last: 20 shares at $34.04; 20 at $34; 20 at $34.95; 20 at $35. Six shares of South Carolina Railroad stock were purchased at $35 per share. We learn that the Postmaster-General has ordered the establishment of a post office at Bethel, in York County, and appointed Miss Rebecca Barnett post? mistress. We published some days ago tho state? ment of the County Treasurer of York with reference to tho raid on his office. In his letter he alleged that the raiders seized $1,000 of tho public funds in his charge. It will be seen from tho extracts taken from the York ville Enquirer that this statement is de? nied, and upon tho whole quito a differ? ent version of tho matter is given. -. ?.. .,.. ". .. THE PoiiiCY HOLDERS' ASSURANCE COMPANY.-We call especial attention to tho advertisement of this company, that appears in our issue to-day. Wo need not speak of tho character of its mana? gers. They are well known and aro rep? resentativo business men in this and tho different communities in which they re? side. The many friends of this company will notice with much gratification tho sure and steady progress it has made, and tho enviable position that it has in oue year attained. Its officers, though fully alive to tho progress of tho business, and prompt to adopt any measures that wero for tho best interests of tho assured, yet steadily refused to yield to an unhealthy greed for business, that characterizes the conduct of some companies. They were unwilling to jeopardize or in any way injure tho futuro interests of tho assured for tho sake of present nppearonces. They preferred to work prudently, pa? tiently and perseveringly, trusting that timo nnd experience would justify tho wisdom of their course. Their reward lias como earlier than they had hoped. This success is due mainly to thc sagaci? ty and fiunncial nbilitv of itu most wor thy President: H?vlng accomplished so much without means, end in the most trying times, we have no doubts as to the future of this sterling young company. We predict for it a noble career of use? fulness and honor. IIOTKIJ ?Bnmis, March 10.- Columbia Hotel-W. H. Evans, Charleston; T. L. Bulow, Collelon; N. Frederlin, E. V. McDuffy, Ne*v York; J. Walker, D. W. McDonald, S. C. ; N. F. Byron, Ring? ville; N. W. Abney, Edge?eld; E. H. Brooks. Augusta; J. Hagood, Barnwell; S. Fair, Newberry. Charlotte; J. S. R. Thomson, Yorkville: T. Steers, E. S. Hulley, B. R. R. R.; J. M. Westmoreland, Pa.; T. R. Ogden, St. Louis; W. Thomas and wifo, Miss.; J. V. Nethers, Union. LIST OP NEW ADVERTISEMENTS. Life and Tontine Assurance Company. A. B. Joyner-Notice. Apply ot thia Office-To Rent. J. C, Seegers-Ice, Beer, &e. Gallons of blood aro sucked out of the Ame? rican people every week by bed-bags. 8top tbo drain! Htop it by using Isaacen a "Kunu Por." It lava out tbo bloodsuckers inotanta ? ncously. It ia infallible, too, for roaches, rats I and mico. Hold by all druggists. Feb 18s Lippman'e Bitters aro for sale by all drug? gists and doalors. Depot in Columbia, H. C., at GEiuEn A MCGREGOR'S, Druggists. 8 18 The Policy Holders' Life and Tontine Assurance Company of the South. WE desire to cal) tho attention of tho pub? lic to somo of tho especial advantages offered by tho above Company. It is under tho management of men of weB known integrity and ability. It is a PURELY MUTUAL COMPANY, ma? naged entirely in tho interests of ita Policy Hilders. It ia a strictly CASn Company, avoiding thc CREDIT system which is at best oxp.ee? sivo, complicated, and often deceptive, and is hoing abandoned by the best Companies in tho North. "IT IS SIMPLY TRADING IN .MONEY, AND DOES NOT INVOLVE ANY ASSURANCE PRINCIPLE." Tho solvency of a Company does not de? pend on tho amount of its Assets, but on tho PROPORTION of Assets to Liabilities, and the character of its Assets. 1 ho following table is baaed on the "real? ized" premium accumulations of each of the Companies named, made from tho statements of tho Companies, and without any purpose of making invidious comparisons-for the sake of truth solely: Name of Company. Ratio of "Realized' Assets to Amount of\ Assets. Ratio of 'Realized" Assets to Re-insur? ance 'Reserve " Out? stand? ing. ?tl mu ?I ld lt). . . . Policy Holders'. Equitable. New York Lifo.. St. Louis Mutual Knickorbocker.. Southern Life.. Security, N. Y... Carolina. Piedmont and Arlington... Oottou Slates .?J5 .90 .89 .82 .34 .22 .21 .18 .14 .14 .07 Hm pius. .95 .94 .41 .29 Not stated .20 Not stated .20 Not stated .10 .11 .18 .06 .78 .69 .82 .86 .86 .93 Tho above toot ia moro aovero on a yoong Company than an old ono, yot tho Polioy Holders' occupies a 'high position, although but ono year old. lt might bo added that it dooB so despite thc fact that its investment in Stato securities is valued at 16J per cont, below cost. TbeinvoBtmont waa compulsory. Prudence in tho selection of risks is an? other test of good management. T ho success of tho Policy Holders' can be host shown by a comparison with a fow woll known Companies. Per centage of Losses paid to Cash Premium Income. Policy Holders'.03 Cotton States.ll Mutual Life.16 Equitablo.19 New York Lifo.19 Southorn Life.21 Socurity.27 Knickerbocker.29 Carolina.Not stated in report. Piedmont and Arlington, not distinctly stated in report. Lest it might bo objected that this compar? ison favors & young Company, because of its lighter mortality, (so much the better for it,) the following ia submitted, to which no snob objection can bo made. Losses on Nexo Business. Mutual Life (1869), $1 to each 763 at risk. Policy Holders (1870), $1 to each 583 at risk. Threo years' aver&go of forty-six Northern Companies (1867-'8-'9), $1 to each 600 at risk. Equitablo (1869), $1 to oacb 300 at risk. Connecticut Mutual (1869), $1 to each 285 at risk. New York Lifo (1869,) $1 to eaoh 268 at risk. Tho largo incomes received from interest by old Companios belongB and ie apportioned to tho older policies, and is not used in pay? ment of death claims; therefore, tho only just test of "cost of insurance" is tho per centage of premium income paid out in settlement of "death claims and expenses." J?at.to of Total Ratio of Total Outgo to Total Outgo to Cash Premium Income. Premium Income. Policy Holders. ..25 .25 Mutual Lifo.27 .27 Equitablo.38 .38 Now York Lifo...40 -40 Security.41 .90 Southorn Liio.. ..47 . .71 Cotton States_67 .92 A careful examination of tho foregoing ta? bles will show that in the threo most impor? tant points of management, to wit: Per cent ago of "realized" assets, prudence in selec? tion of rieks, and economy, tho Policy Holders' has at onco takeu a front rank. By patronizing this Company you secure all tho advantages that can be eafely granted by any other, and a? the smite ?<roo aid in ra building our waslo places. Last, but not least, you will secure higher ratea of interest on your investment than yen can if vou acrid it North. JOHN H. SIMONS, IL S. PRINGLE, March ll pl Local Agents.