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? COLUMBIA, S. ~C. Tries lay Morning, May 12,1874.11 Th( Profit? of Cotto???n?*>eturlttJt. What cotton manufacturing will do for a place is shown by the results whioh have crowned this industry at Fall Biver, Massachusetts. A con? densed statement, made by the JVeics and Courier's bulletiu, from the BoBton Commercial, will teaoh a useful lesson: Dividends 140 per cent.; mill stock multiplied in value ten times; the stook of a bank doing the mill busi? ness exclusively quadrupled in ten years. These enormous gains are due to regular industry, not speculation. Outsido the mills the profits are on the same scale. A lot whioh cost $1,800 in 1865 can now be sold for $33,000. In 1870, a junk dealer bought a farm back of the city for $15,000. There are now three mills on it, and it is TAlned at $100,000. Ten years ago, a block of granite buildings was sold for $7,000. Three years ago tho city, iu widening the streets, cut off five rods from the thirty-six which were in tho lot, aud paid tho owucr $18,000 da? mages. The remaining thirty-one rods are valued at $30,000. What would- not the capital, bkill, industry aud enterprise whioh have achieved Buoh magnificent results iu the climate of Massachusetts, aod at a point bo distant from the cotton fields, have ac? complished hero in Columbia, with a winter olimate as soft as that of Italy, standing in tho oentro of cotton pro? duction, and with a water power uu surpassed on the continentV Wo may be able to approximate an answer to this question by considering auothor picture, a Southern companion piece to Fall Biver. We gather tho etate . ments from an instructive and com? prehensive survey of the subject and i history of actual results of manufactur? ing at Augusta, Georgia, aud in the neighborhood, coutuiuod iu tho Au? gusta correspondence of the Boston Advertiser. We may pass by, as already familiar, the notice of the great improvement of tho Augusta Canal, its immense water power and the inducements held out by exemption from State, County and municipal taxation, and the spe? cial ptemium of threoper cent, offered by the city to capital to be employed ?in monufaeturing upon it. Tho Au? gusta Factory, situated upon this ca? nal, has paid twenty per cont. divi? dends per annum for nine consecutive years, and its stock ranges at from 80 to 94 per cent, premium. The Gra nitovillo mill, oa the South Carolina side, 24,000 spindles, came out of the war with its machinery, 9,120 spindles and 337 looms, worn out, aud its capi? tal increased by watering from $169, 000 to $716,500, ou injudicious dispa parity between capital nod spindles. Having so lately given an account of the immense strides of this company, we need do no more now than say, that since 1868, it has paid in divi? dends $291,930, and now has a surplus of $523,000, and that its stock is worth $170. The Langloy Manufac? turing Company's mill, 10,000 spin? dles, having triumphed over many dif? ficulties, make a fine exhibit, showing a profit last year of $101,000, or over 25 per cent, net on capital. After pay? ing dividends, they report n surplus, from aconmulation of profits, of $123, 000, and their stook in demand at 20 per cent, premiam. These fine results have been achieved in a community Where accumulated capital is small, and in which tho energies of tho peo? ple, financial and individu.il, have, for several generations, been almost exclu? sively devoted to tho raisiug of cut ton. Investments are deeply act in this channel, and it is nut easy to in? duce them to change into others. But tho satisfactory balance sheet iu the manufacturing business is au unan? swerable argument iu favor of such change. What are the inducements to engage in manufactures hero in Columbia? We have a noblo water power, a healthy olimate, ample native white labor of the best kind, abundant and cheap fne! and easy communication with all tho markets of the country and with Europe. It is estimated by tho Angusta correspondent of the Ad? vertiser, that the Northern manufac? turer will have to pay freight and ex? penses on each bale of cotton he manufactures, paying it in dirt and waste as well as fibre, amounting to nearly seven per oent. That is an ad? vantage in favor of the Sonthern manufacturer, whioh ho should not bo slow to see. Every consideration of interest shonld induoe ns to enter upon the new path which opens so invitingly before ns. The Sprague Company has been a disappointment and a farce from beginning to, end. It is time that another ebould move to the frout. The last Legislators granted a eharter to a new company. It will, we under? stand, soon make its bow to the public. Let it come forward, with its showing; and the pnblio, we are assured, will consider its plans with every disposi? tion to approve them. They must be domoustrated to be feasible, and the sohemo to promise fair returns to the capital put into it. That being dooe, we may be ablo soon to make a begin? ning of what, if judioiously managed, must soon grow into a grand and beneficent enterprise. If thinking men will examine the subject, they will see that Columbia is destined to decline, unless it enters upon this new Held. The .example of Fall Biver and Au? gusta show conclusively what may be in store for it, if it will do likewise. So Mote It Be. The account copied below from the Winnsboro News, of tho oxtraordiu iry languago appliod by Attorney-General Meltoo and Judge Mackey, ou the trial of Treasurer Smith, of Fair field, to the condition of nlfairs iu this .Statu and to its chief criminal', is really startling. It is a scathing rebuko of tho falsehoods of the Whittemoro dele? gation iu Washington, and gives ground for fresh hopu that these out? rages on good government will nt last bo put down by tho punishment of their perpetrators. What terrible forco in the words of the Attorney General ou tho "era of corruption," and iu tho allusions of the Judge to "iuo chief criminal of State," who bad eluded his grasp, but wh jcu he hoped yet to bring to trial. The Attornoy-General acknowledged the force of what had beeu said, lie was acquainted with the existence of tho extenuating circumstances, and touched upou tho williuguess whioh the defeudant had shown for a tho? rough examination, und also on the fact that ho had expressed his desire that the people of the County .should sutler no loss. But while this was true, it wus very strauge that a man, as intelligent, as practical, and us well eduoatcd us the defendant is, ebould suffer a heavy loss without being able to give any account Of it. The present system of collecting taxes is perfect, derived from the experience of all tho States. Before the war, tax collecting was u simple affair. There were no checks aud balances, and yet such was the innate honesty of the tuen of those days, that defalcations were of the rarest occurrence. But uow, iu spite of the cordons drawn urouud the State Treasury, iu spite of tho bars und bands aud triple locks, in spite of the guards who surround it, aud of the lamp that never ceases to burn, vast amounts of money?money wrung from a struggling people?have been recklessly stoleu and squandered, leav iog the whole government clogged a:.d her credit destroyed. There now ex? ists in the State of South C.iroliua uu era of corruption such as has never be? fore beeu witnessed. But this thing cauuot lust. It must have au end. Iuitial steps are now being taken to put an end forever to this vile, outrageous thing. Although Mr. Smith confessed his defalcation voluntarily, he hi 1 been suspected before. The oyea of the Government hud been on bim. The crimes of others are known also, aud they had better take warning by the sad oxamplo of Smith. Aud be? fore the ides of November come, eo help mo God, they will know this to their sorrow. We bide our time. That time will come. Mr. Melton spoke with bis usual eloquence, aud his denunciations of tho ring wore listened to attentively by a deuso throng of white und colored citizens. Judge Mackey tiien said that the court recognized, in ull their pro? per potency, tho appeals in behalf of thu prisoner. Tho extromc limit of the punishment of the oifenco in ques? tion is S-.U?0 Hue and three years im? prisonment, lie reviewed the remarks of tho Attorney-General, und r.hen re- ? marked that the presiding Judge was ' profoundly impressed with tho cuuvic ' lion that, iu passing sentence, he was not, as should be the case, inflicting a penalty upon pleaded guilt, but was merely performing a duty devolving on him. llo firmly believed that he: was performing u duty merely techni cal and formal, und that the judgment itself was merely a precursor of a par don that would surely follow. The. State House throws a shadow deep and broad over the very threshold of thu j temple of justice, and in releasing , from confinement those individuals' who have been punished for their mis- j deeds, it strikes a deadly blow at pub- j lie safety. The presiding Judgo would feel a ' senso of sorrow aud oppression, crush? ing, iu the midst of general calamity, were it not for suoh nttoranoes as have been made by the Attornoy-General, whioh indicate that no State is lost where one solitary son stands before tho people like a faithful sentinel, braving corruption. The Court utters baok tho sentiments of the Attorney General, with sensibilities that every publio officer should feel and every uitizeu shouid cherish. It has been said by one, well versed in the springs of human, action, that that child remembers its mother with deepest affeotion who knew her when young and in the bloom of woman? hood. Judge Mackey then dwelt upon old Sooth Carolina, but mentioned that in theory the present system was better, as there is now uo citizen, bow ever low, wbo knows any master save God; none, however high, wbo is above the law. The Court hopes it may yet reach tbo ohief oriminul of tbe State, and show that, however 6trong, bis power may bo broken by tbe iron hand of tbe law. The Court had hoped tbat in this trial tho opportunity woald have shown itself; but that hope has been defeated. Henry A. Smith, stand np. You are charged with wilful neglect of duty, in this, that yon failed to turn over tbe public moneys, in compliance with the statute. The Court imposes the sen? tence with sorrow, believing that of all persons ooncernod, you are tho least guilty, and that by some hallucina? tion, which sometimes swayS the minds of uifco, you buvo resolved to sacrifice yourself, rather than iuvolvo another. Tbo Court imposes upon you tho low? est term of imprisonment and the highest Sue. The sentence ol the Court is, that you pay a tine of Si.OUU and be imprisoned in tbe penitentiary for a term of our year. There was a calm i 1 the Com t Hotite while this ease wus in progress The greatest interest was manifested, and there was a general approval, ou the part of ull citizens, of the rem.uk-. of the Attorney* Gen oral and the presid? ing Judge, the two ablest Republics) 8 in South Carolina. Their arraignment of Moses created a profound sensa? tion. Tho imprcssiou made ou out? siders is, that as soon us Moses loses tbo power of prostituting tbo pardon? ing prerogative, tbe thieves aud scoun? drels who are now holding high riot will be ruthlessly handle J. God gra: t that this day may speedily come. -? "Mrs. Anderson's Husbands.'"? The Now York Sun, of the 9th, in commentiag ou tbe a e of Mrs. An? derson, says: The case of Mrs. Jean nette G. An elersou, who, while living with her third husband. Gen. C. L. Audersou, is rcoeiving 83.G73 ?U from two previ? ous husbands, is believed to be with? out precedent in this State. At tbe hearing before the referee, the Hon. Wm. H. Leonard, Mr. Shepherd swore that he had be mi aware of Je-anueti'si income from Mr. Girand'd estate, aud . that she had regularly received the same while murried to him. Tbo re? feree reported adversely to Shepherd, unel tbe ease was urgueel ou exceptions before Judge Dou hue. Judge Donohue, ufter hearing Mr. Shepherd, of Marsh & Wallis, fe>r the ex-husband, and Geu. Sauelford and | Mrs. Ander, on, delivered an opinion sustaining Judge Leonard. Tbe case is to be taken to the Court of Appeals. ? ??>??-? The despatches contain pitiable ap? peals from the deluged districts. Over 150,000 persons are iu a sturving oou ditiou. Iu the meantime, Congress is still haggling over tbo appropria? tion bill. Petty and irrelevant issues are dragged iu aud ullowed to post? pone final action. Tho poor creatures wbo are starving must wait until it be? hooves the rotuud and well-fed gentle? men at Washington to exhaust their expletives against each other and spend the force of their personal hatreds, be? fore the wolf that floats along on the desolating tide is driven .from the cabin door. It seems to matter little with them bow many lives are lost, bow many hopeless screams for food may Gil the air. The sufferers are afar off. A Theatiiigatj Manaukii Come to GltlEF.?The now Park Theatre, New York, has been seized by the Sheriff, and Manager Wm. Stuart bus thrown himeelf upon his friends to extricate him from his Guancial difficulty. The embarrassments of the concern date back to the pauic, aud its present rough experience but confirms thu be? lief entertained by many observing persons, that tbe theatrical business iu New York has been greatly over-eloue. In his speech on tho Civil Rights Dill, last week, Mr. Norwood, of Georgia, called the attention of tho United States Senate to the fact that tbe bill eleclares that "all persons with? in the jurisdiction of the Uuited States shall be entitled to the full aud equal enjoyment of tho accommodations, ad Vantages, facilities aud privileges of cemeteries." Citto Sherman, colored, a tenant of Mr. Joub Maul-din, of Pickeus, met with the misfortune eif having bis house aud over3' other article he pos? sessed except what be had on bis back, burned up on last Sunday. A colored train baud, named Grif? fith Champhiin, was killed at the North eastern depot, iu Charleston, on tbo 10th, by being ruu over by a train, while attempting to get on tbe cow eutchcr of an eugino. Mr, Wm. Mahaffey, wbo ('resides near Lynch's Creek, iu Kersbaw County, was ruu over und killed by a mule team, on the 2d inst., while on his way homo from Camdeu. Mr. Edward Bowno, an oltl citizen of Cheraw, was found elead in his bed, last Friday morning. Foul pluy is suspected. Judge Glover took possession of the Orangeburg County Treasurer's office, last Saturday. Blind Das, a well known beggar of Loisvillo, Ky., where bo has lived for twenty years, died last week. * Ugh!?The Richmond Dispatch says that Mr. Freelinghnysen's Civil Rights Bill is worse than Sumner's. The Charleston regatta promises to be a monstrous affair. It comes off to-morrow. City Matters.?Subscribe for the PneEHix. Sunday and yesterday were two of the loveliest days of the ncaBon. Ripe cherries, grown in the open air, in Columbia, have made their appear? ance. Look to your eloublo-barreled -?bot gnus. Tho house breakers are again about. The store of Mr. C.J. Lindfors, in Cotton Town, was robbed, on Thurs? day night, of a quautity of goods. Judge T. J. Mackey passed through Columbia, last night, on his way to Snmter, where he opeus Court to-day. The Columbia Dramatic Association will perform "Ten Nights in a Bar Roouj," iu Sumter, on Thursday even? ing next. Abbevvllo is well represented in Co? lumbia ut present?Gen. McGowau, Hon. A. Burc and Sauator Hollins hoad. Smoked herrings, Florida cabbage, Vegetables of various kinds, etc., have just been received by Messrs. Hoffman & Albrtcht. This office lacks nothing of being u first class job office. Any stylo of work desired we can do, und that ut low figures and on short notice. The coolest and best of lager beer, the fanciest of beverages, and the most obliging of service, backed by splendid I lunches, arc all represented in Seegers* Henry. Ce.ndeu.eti soda water, fifty ce ts : per bottle, containing material for twelve to fifteen glasses, for stile at 'Drs C. H.vMiot und V.'. C. Fisher, druggists. 3* Gov. Moses is blessed with a forgiv? ing dispuailiou. Ho has conferred fur? ther honors upon Senator George F. Mein tyre, by uppoiutiug him a Major General of the Fourth Division. His Excellency obeys the Scriptural in? junction, "lt?turn good for evil." E. E. Duvios & Co. are receiving fresh supplies of tine strawberries, green peiiu, asparagus, new potatoes aud ull tho earliest vegetables of the season. Also, spring chickens, fresh eggs and prime country butter. Fresh G.sh just received. The mystery of the street signs has been explained. Bichardson and Ger? vais streets are the ceutres from which tho others radiate?those East and West of Richardson being marked with the initial letter; aud those North aud South of Gervais having tho N. and S. Eurena! Mr. George L.-ver has furnished us with samples of his productions in the vegetable line?peas, potatoes, onious, radishes, etc. Ho opens a store ou Assembly street, nearly opposite the market, to-Jay, where fruits, vegeta? bles, eg4s, chickens, etc., can be ob taiued. It is said that the new ten aud fifty I cent bills are being quito successfully o juntet t'eitei'. The most marked dif? ference between the geuuine and the counterfeit is that the latter shows much more d?ptb of green than the other. Then there are defects in the engraving that can be seen on com? parison. Thc-y are dangeroas imita? tions. June Mobley attempted to bring up j a case under the Civil Rights Bill, but was completely upset. The Judge, in his charge to the jury, distinctly stated thut if there was any discrimination, a j verdict of guilty should bo brought in. After au absence of only a few mi (uutes, the jury?three black and the balance white men?returned a verdict of "not guilty." This occurred in Wiunsboro. j AitTiit'i; Gvjvei: AcgutTrcu.?Thu trial of Arthur Glover, for the homi? cide of the two Gomillions?Lovett and Wiliiam?iu Edgefield, several mouths ago, was concluded on Satur? day last, at Aiken?by a change of rentes?before Judge M?her, aud re? sulted in a verdict of not guilty. Tho jury consisted of one colored and eleven white men, who, after uu ub sence of about an hour aud a half, returned the above verdict. Solicitor Wiggins managed tho prosecution, as? sisted by Messrs. Bonhum, of Edge held, and J. P. Magrath, of Charleston. The prisoner had a heavy array of counsel?Messrs. Butler & Griffin, Gary k Gary, J. Baoon, C. W. Croft, J. C. Shepherd, Speaker Lee, and Repre? sentative Elliott. The oase ooonpied three days. Intense interest was mani? fested and large numbers of tho citi? zens of Edgefild were present. Pucbnixiana A friend to ovorybody is often a friend to nobody. The way to avoid great faults is to beware of small ones. There is a timo to do what others wish, aud a time to refuse. There is a medium in all things; only block-heads go to extremes. Cocbt of Co Jfc Piieas?May 11. Thia Coiut BOjjMptoortliog to law, at 10 A. M. iHnt No. 6 was oalled aud judgments by default entered, pursuant to tbe * provisions of tbe amendments of tho dode of pro? cedure. The illegality of tbe amend? ments to tbe oode of procedure was argued by the Attorney-General; Messrs. fj. D. Mellon, John S. Green and J. EL. Rion contending for their legality. These arguments oconpied the attention of tbe Court until 2 P. M., at which time the Court took a re? cess until 3 P. M., holding the con? tested point under advisement. At 3 P. M., tbo Court re-assembled, and the decision of the Court rendered as regard to tbe illegality of the amend? ments to tbe oode. The decision sus? tained tbe vieW8of the Attorney-Gene? ral, and held that the amendments were illegal aud of no effect. A motion by Mr. Win gate, to set aside a complaint on account of a variance between tbe summons and complaint, Mr. Juuney opposing, the motion was made. The motion wor over-ruled, the summons were directed to bo so amended as to conform to the com? plaint, and twenty days given the de? fendant iu which to answer tbe amended summons. 9|A motion by tbe Attorney-General, to prevent judgment by default being lakeu against bin client, in a case where tbe .summons for money demand fol? lowed the amended codo, and stated that tho plaintiff would "apply to the Court" for tbo judgment demanded in tbe complaint, instead of following the old oode of procedure, und stating that tbe plaintiff will take judgment, Sec, was orer-ruiid; Mr. Rice opposing tho n otion by tbe Attorney-General. The Court held tbat any judgment that might be taken before the Clerk of the Court of Common Pleas, might bo taken lefore the Judge of that Conrt? tbo Attorney-General exempting to the ruling. Tbe Grand Jury came into Court, und announced that they had nothing to do, having acted npon all matters that bad been properly before them. Mr. Attorney-General Melton stated that be hud not had time to prepare tbe bills in tbe eases against certain County officials np to that time, and requested that tbo Conrt of General Sessions be not adjourned until Mon? day, the lath iustant, at which time he feit confident tbat he and tho Solicitor would be ready to submit to the Grand Jury proper bills for thoir considera? tion in the cases tbat tbey bad brought to bis attention. The Court then ad? journed tbe Grand Jury until Monday next. Tho Court of Common Pleas ad? journed uutil 10 A. M., to-morrow, gg Tbe Court of General Sessions will also bold?several criminal cases haviug been set by tbe Court for trial ut that lime. Hotel AnniVALS. May 11, 1874.? Wheeler House?Miss Harrison and maid, Brooklyn; F J Prentiss and wife, F C Prcntisa, wife, child and maid, W J Wortbington and wife, Master Wyman Wortbington, Mrs W R Smith, New York; W A Bradley, Augusta; A Toon, John W Tyler, Lexington; Cbr L Gundersdorf, Balti? more; E D Latta, New York; Frank H Barnhart, U S A; JCBulow, Fairfleld; Wm E Karle, Greenville; HHDeLeon and lady, Charleston; Thos O James, Wilmington; A Wiohman, S C; James A Turrentinc, N C; D J Eaton, Dr J N Smith, Michigan; J J Gresham, Ga; [N Levin, Wilmot G DeSanssure, Charleston; R S Desportes, wife ana son, Ridge way; GLB Marsh, N C; D R DeSussure. Jas R Scott, city; F M West, N C; Wm H Tresoott, Pen die ton; A Bart, Edw L Purker, Thomas I Thompson, S McGowan, Abbeville; B F Whitner, Anderson; Judge T H Conke, Greenville. Columbia Hotel?J Mullen, Va; J W O'Brien, Charleston; J M Barrett, Bal? timore; P L Wiggin, Beaufort; T C Andrews, W J DeTreville, Orange burg: H H Evans, N Y; G W Thames, N C; T J Mackey, Chester; W D Ken? nedy, G E Reab, Augusta; JH Wrenn, Mo; T Babcock, N C; J N Somers, J W Cash, Va; H B Malcolm, Mo; May wood Courlney, La; J Frv.'Ga; Amos Woodward, NY; J W W?kins, Dela? ware; R M Shuster, D C; Caleb Thorn, N J; J Yancey Brooks, La; M James, Georgetown. Hendrix House?Ii G Lembnrger, Gn; J G Payne, NC; J Goodman, city; T W Carwile, W A Sanders, A P Nor ris, Edgelield; P A Woods, wife and son, SC; ST Proflitt, P H Hanes, N C; D R Feaster, Feasterville; W H Fragies, Greenville. IjIst of New Advertisements. W. S. Pope?For Sale. Report Carolina National Bank. Report Central National Bauk. Meeting Columbia Lodge. Wm. Roy?Barns Club. Meeting Eutaw Encampment. The question of the validity of the Blue Ridge scrip may be tested soon in tho United States Conrt. A certain amount will be offered in payment of taxes ?refused, of course; and when the authorities proceed to sell the road, an injunction will probably issue, and the whole question of the right of a State to impair tbe obliga? tion of a contract will be ventilated even up to the Supremo Court. For Sale, ? A GOOD MI LOH COW AND I CALF. Apply to ty g. PQP2. May 12_ 3 Entaw Encampment, No. 2,1.0.0. F. THE regular meet king of this Encamp, 'ment will be bald in Odd Fellows' Hall, THI8 (Tuesday) EVENING, at 8 o'clock. Members are re? quested to be pnnotn&l in attendanoe. By order of the 0. P. JAMES KELLY, May 12 1 Scribe.