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VOLUME XI.-NUMBER 1883.
CHARLESTON, THURSDAY MORNING, JANUARY 18, 1872.
EIGHT DOLLARS A
THE WAR ON CHARLESTON.
ADJOURNED MEETING OF THE SOUTH
CAROLINA RAILROAD COMPANY
The Question of a Lease-Speeches of
Messrs. Di Saussure, Trenholm and
Colonel lint hers-The Co-operation of
Georgia, and Alabama Cordially In?
vited-The Remarks of "Truthful
Pursuant to adjournment, the stockholders
of the South Carolina Railroad, and of the
Southwestern Railroad Bank, met at 12 M.
yesterday, at the baak hall, in Broad street,
the Hon. H. D. Lesesne in the chair.
The minutes of Tuesday's proceedings were
read and confirmed.
The amendment proposed by Afr. Bice, at
the last annual meeting, to strike out Februa?
ry in the second line of section 1, article 1,
of the by-laws, and insert April, i. e. requiring
the annual meeting of the stockholders io be
held on the second Tuesday in April, instead
of the second Tuesday In February, was
brought up as unfinished business.
Major David Gavin inquired whether May
might not be substituted for April, the later
mtfnth being more convenient for the country
It being explained that this amendment
could not be acted upon at this, meeting, lt
was withdrawn, and Mr. Rice's amendment
was unanimously adopted.
Mr. John Hanckei moved that the usual
committees on proxies, and to manage tho
elections at the next annual meeting, be ap?
pointed by the chair.
. The motion was carried, und the chairman
announced the following appointments :
Committee on Proxies-Messrs. L. C. Hen. j
dricks. A. W. Burnett and C. P. Almar.
On Elections-Messrs. Theo. Huchet, T. L.
Hntoblnson and W. A. Wardlaw.
There was now a break In the proceedings,
although every one saw that something impor?
tant was coming. Whispers of an adjourn?
ment were going around, when Mr. Louis D.
De Saussure1 rose and said it was well known
to the stockholders and people at large that I
-efforts were making by outside parties to con?
trol the stock and lease the road. It was,
therefore, deemed only proper to lay before
the meeting the views of the directors opon
the subject. The people of South Carolina had
upheld the road for many years. It bad been
* grievous burden, but relief was at band.
The road was in first-rate order, and was
doing an excellent business. It bad become
a good property, and now that they were
about to reap the fruits of their labors a
foreign element threatened to wrest the road
away. He desired to Bee capital flow to South
-Carolina, but lt was a public duty to build up
-our own cities before we undertook the task
of f nrlchlng our neighbors. They must take
care of their own trade. We must take care
-of ours. In view of all the tacts he bad pre?
pared a paper, intentionally brief, which he
wished to offer to the meeting. The speaker
then read the paper as follows:
The close of the Confederate war found the
Southern railroads crippled In resources, the
roads run down and partially destroyed;
under these circumstances powerful railroad
-corporations and capitalists began the work of
buying up and leasing Southern railroads, and
diverting the local trade io Northern otiles.
In our own State the same influences have
been at work, and most of the railroads are
now owned by capitalists who have no Interest
in our State or local prosperity.
It has recently become apparent, from the
large number of shares which have been pur?
chased In the South Carolina Railroad by New
York and Georgia capitalists, and by the Inti?
mations which they have made, that they
Intend, if possible, to absorb the South Caro?
lina Railroad, and make it tributary to other
Interests than ours. To avoid this it is neces
Bary that the Block of the road shall be
controlled by those having a common Interest
with us, for without such control rt discrimina?
tion In freights can be made against us, which
would lead to prostration In nade and a want
of prosperity in both State and city; therelore,
Besolved, That lt be earnestly recommended
to the South Carolina stockholders to retain
their stock, and that when necessity compels
Mern to dispose of it, they do BO to those who
nave a common interest ia the prosperity of J
the State; to the end that our citizens, who
have so long borne the burden of carrying the
stock In adversity, may, now that prosperity
ls dawning upon us. permanently control the
business of the South Carolina Railroad and
the trade and interest of the State on this
grast highway of her commerce.
Resolved, That we are ready, cordially and
in good faith, to co-operate wuk the railroads
In onr Bister States, to work with them in a
Bystem which will retain the business of the
South on our own llneB of communication and
for our seaports.
The preamble and resolutions having been
-duly seconded, Colonel Richard Lathers rose
and Bald :
Mr. President-I hope tbe resolutions will
pass; they are Important in every re
IaUon to us as citizens of all parts ot
our State-as merchants of Charleston,
whose Interest and duty lt ls to conserve
the Interest ol commerce, and particularly as
stockholders of this corporation, chartered as
lt bas been as a great highway ot the Slate for
the cheap and speedy conveyance of merchan
dise to the interior, and the products cf the
industry of th? people to ihe seacoast.
It ls my opinion, which I give with much
diffidence in the presence of so many dlstiu
gulshed lawyers, that ihe president and direc
tora ol this road, and even ihe stockholders
themselves, have uo power to lease this road
to be operated by per.-ons adverse to the inter?
est of the commerce or people of this State,
or by which the original myniloo of ihe func?
tions of this corpora) iou as a great channel of
commerce can be changed or Hs Influence im?
paired as a meabB of transit from ihe port of
Charleston to the interior of the Slate. I
firmly believe that such a measure could be re?
strained by an injunction applied tor by the
attorney general of ibis Commonwealth on
the part of citizens ot ibis state, whether
stockholders ID this company or not, because
such lease would bf in derogation ot the vest?
ed rights of the pr o pie ot the state, by whose
authority and lor whose convenience Hie
franchise was grauted by the Legislature.
A ? railway ia a mere public highway,
only differing from a canal or a turn?
pike in the mode of propelling or carrying
tbe passengers or trei^hts transmitted over ii;
?nd in cases of corpora'ors assuming to per?
form these i-ervlces to tbe public at private
expense in lieu of the public ur government
expenditure for the same purpose, a fran?
chise ls granted io such corporation s by which
they are empowered, under certain restric?
tions, to charge for ihe service; but at the
same time such parlies are subjected to grave
responsibilities lor neglect or refusal to dis?
charge their doti- s in ihe spirit as well as In
the letter of the objects of euch a corporation.
Therefore lt lo a mt-t ke to suppose that char?
gers are conceded for ihe benefit ot stock?
holders; iflsir.advantages for the use of their
capital and enterprise are bm incidental; the
primary object ol'such legislation is for the
public convenience. In other words, the pe?
pie through i heir Legislature giants monopoly
of more or less profit, but require Bpecitlc ser?
vice of more or les* si ri i g^ney, and these re?
lations cannot be changed adversely to the
public interest of tue Si aie wimont ihe con
Bent of the Legi-lat ure, which surely would
hardly consent io have ber metropolitan city
neutralized as a commercial mm to serve
the purposes of HU adverse city in another
Bur, Hr. President, suppose all this was
overcome, would ihe stockholders of this
company be benefited hy leaning their prop?
erty lor a few years io a competing railroad ?
If any of you have had Hie m ls lort noe io lease
your farms or plantation*, as I have done, I
think you will have found ?hat ihe rental you
bave received for the time of your contract j
will fall far short of tbe necessary cost of re- ?
pairs Tor clamase and wear your property i
countered while out or your hands. Acct
the case of railway property this loss is gre
ly intensified. Any gentleman familiar w
railways knows that dividends arc easily p
tl need, lt the president and superintend^
will overlook the wear and tear o? the roll!
stock and the condition of the roadway,
those gentlemen propose to operate tl
road on a lease, and th? product of the rc
fairly stated enable them to pay the promis
dividend, then the intrinsic business of t
road must furnish the surplus means, as t
gentleman who addressed you yesterday
this intent frankly admitted that the roud w
in fine order, 'and had been well mt
aged. If, however, the money is n
made from the fair net earnings of I
business ol the year, you have plenty
examples before you ihat your property VJ
be returned to you minus In value at lee
the sums you have received for the lease, ai
minus aUo the loss of business which m
have been diverted from your road to the cc
poration which you were stupid enough to e
trust with your Interest, The celebrated Fie
of New York, engrafted this system on tl
Erle Railway, and whereas heavy losses ai
frauds have been the fruits of such a poll
to the stockholders of 1 hat roar], the loss
the other parties connected therewith a
equally disastrous. Indeed, centralization
railway property, with some exceptions,
a3 disastrous to the public Interest as politic
centralization has proved to tl ~lvll rights
the people. On one hand bloated rallwi
kings over impoverished stockholders, ai
corrupt demagogues over a dlBfranchisi
We were actually threatened yesterday 1
the gentleman from Georgia, that unless v
calmly submitted to have our property put in
the custody of persons adverse to the intere
of this State and city, io be controlled even I
an adverse railway, that Mr. Moses Taylor,
citizen of New York, would coerce the mea
ure by the use of a fortune of thirty million
Now, Mr. President, I have the honor of knoi
ing Mr. Taylor; he ls a gentleman of high cha
acter, and worthy of his good fortune. I ai
glad he has seen flt to invest In the stock <
this raliway, or In any other propel ty ia ot
State; but I protest against the use of h
name by any one, In so vulgar a i h rear, that h
would BO far forget bis own generous feelins
and his native modesty as to Haunt In the fae
of our poor people, In thle time of their a<
vere 1 ty, this thirty millions as a med itu
of terror to compel us to surrender the cut
tody of our own property and the franchise
from our own State. [Applause.] God know
our people have enough to encounter at hom
from the corruptions and irauds of a Stat
government, beggaring them by taxatloi
and overthrowing' their credit, paralyzing
their Industry, by an ad ml ul si ration which I;
without example among a civilized people,
All this I say, Mr. President, ls quite enough
without the threat of annihilation from th
concentrated capital of our wealthy olste
Sutes. And I cannot refrain Irom addlo)
that we hardly expected this raid made on ou
Interest by our brethren of Georgia, wltl
whom we are BO Intimately connected, am
with whose citizens we are in such lively sym
pathy, not only In business relations, bu
under the burdens of common political sui
Suppose, Mr. President, a few gentlemen OJ
Broad street, in connection with a mlllionain
of the North, should g) over to Savannah am
propose to lease tbelr leading bank for a tern
of years, promising their stockholders a dlvi
dendof five per cent, at a time when tha
bank, for prudential reasons, had omitted a
divident because of some heavy loss In ex?
change? Would not the stockholders expr?s:
as'.ouiehment at even the proposition ? Wouic
they not fear that the Charleston Interest
might discriminate against Savannah In then
discounts, and alter having used the bank tc
direct business to Charleston, band lt back tc
the stockholders shorn "of lis best customers,
and Its field ot operation denuded of Its best
Ral ?wa j B and banks are the instruments ol
commerce, and should be managed primarily
for the Interest ot their respective fields ol
operation ; to fulfil their duties to the public,
whose chartered franchises they enjoy. And
this duty, honestly and intelligently dis?
charged towards the locality lu which they
are respectively located, will produce ample
profit to the stockholders.
It ls not true, as many would fain suppose,
that even Individuals can do as they please
with their own. I am no business dreamer or
poet, but I recognize still that this right ie
limited to a mau's duty as a citizen, and his
capital cannot properly be u?ed adversely to
the community In which he lives. It ls true
one has some difficulty lu defining the exact
line of duty and Interest, yet the extreme ls
easily found. In case of war no personal in?
terest justifies aiding the enemy; and I have
confidence that no Carolinian will aid In any
attempt to overthrow the commercial Interest
of this city and of the reflex advantages of the
State. The Erle Canal, that great original
artery of the commerce of the City of Kew
York, first established Ihe commercial su?
premacy of that city, and the accumulation of
capital there created the Empire State ol New
Charleston ls the metropolis of this State,
and the South Carolina Railroad, I trust, will
ere long justify our hopes that the commercial
prosperity of the one will but be the product of
the agricultural wealth of the other, and thal
our great artery o? transit from the Bea to the
mountains will be as profitable to ihe stock?
holders as IIB Judicious management will be
productive of success to the industry of our
Mr. President, I have but a word to say, and
I close. Compare the City of Savannah wli h
Charleston after the war, and the field of the
Georgia railway with our own.
Charleston was a mass ol ruins, and her
people a population almost literally without
means to avert starvation. Savsnnah came
out of the war In a better condition than lt
went in, because filled with colton, which was
soldjat enormous prices. Her aggregate capital
for commercial purposes was practically In?
creased, and commercial men and their capi?
tal and Interests gravitated towards Savannah,
as they always do where these are lound.
The Georgia railway, not only equipped but
In order, was ready to reap the harvest which
th?se advantages presented. I well recollect
when your president fiist called on me In
New York on the subject of financial negotia?
tions to rein>tate the road, which hardly ex?
isted as a means of transportation, ev. ? the
road, in great part, almost obliterated; and
the bonded debt, with twenty per cent, gold
Interest due on it, was well calculated to ap?
pal a man of even more energy and hopeful?
ness that we all know he possesses.
His honest and enthusiastic statements im?
pressed capitalists in his favor, and his skill
and economy in rebuilding the road and ope?
rating it has relieved it from financial embar
ra-smen;, so that to-day you have a valuable
properly almost created out of the energy and
good Judgment of your president and bis able
board ut directors; and you must, as I do, re?
gard them us tar better custodians of your
property and the directors of your interests
iban auy bedy o? men who would approach
you in the way of a mere speculation. There?
fore, when the rich wayfaring stranger, wi tri
bis thirty millions, visits our friends in Geor?
gia, let him b? financially entertained by food
ol their own providion; but I beg them to spare
our pet ewe lamb which has so long been nur?
tured in our bosom. [Loud applause,]
The preamble and resolutions were then
put and unanimously adopted.
On motion of Mr. John Hanckel, It was then
resolved that when the meeting adjourn lt do
adjourn sine die, and that the managers of
election be requested to report the result of
tftfi election through the morning papers, sod
also to the presidents ot the road and bank re?
The Hon. Geo. A. Trenholm now arose and
offered the following:*
Resolved, That the stockholders of ihe South
Carolina Railroad cordially Invite the directors
ot the railroads of Ueorgla and other neigh?
boring States to confer with the directors ol
this road, whh the view to the adoption of a
coraprehenHlve system of management that
will secure to Savannah and Charleston the
commerce that legitimately belongs to them.
Io support of this resolution. Mr. Trenholm
said there were many difficulties surrounding
Southern railroads which could be easily over?
come by a better understanding among their
managers. He cordially agreed with the
vlewB of the eloquent gentleman who had
preceded him as to the results which must
flow from a leaae of the road, and as to th?
motives which should govern their determi
nation. When a Slate, exercising the so^
ere;go light of eminent domain, gare certal
privileges to great corporations, it was wit
the purpose that those privileges should b
exercised for the public advantage. A corr
mon carrier was given Ihe right to take prl
vate property, to cross roads and navigabl
streams, in consideration of the benefit
which lt should confer upon the public, J
great railroad properly managed was a publi
good. Take such a road from bur own peopl
and place it in the power ot a rival corporation
and instead of a blessing it would be an in-tm
ment ot oppression. The Georgia Central Boat
offers, lt is said, to lease our road. What I
the offer ? The South Carolina Road, with th<
exercise of the greatest economy, Is barel;
able to maintain Its line and equipment an?
pay the interest on its debt. It pays no di vi
dentis; yet the Central Hoad offers, it ls said
five or six per cent. Where is lt to corni
from ? It can only be obtained, if obtained a
all, by (axing the people along the line o
road. The proposition ls to Increase the rah
of travel and transportation all over the Soutl
Carolina Road. If the required revenu*
could be derived from unitorm rates upot
both roads (the Central and South Carolina]
what necessity Is there ol leasing ? It wa;
only needed that the two roads enter into at
agreement not to reduce their charges below
fair and remunerative rates.
He was glad to hear what the preceding
speaker bad said of the New York capital isl
(Mr. Mosts Taylor.) He knew him by reputa
lion, and if he were present no such state?
ments as those made yesterday would have
been allowed to go forth. Nor would Mr. Tay?
lor hear with any satisfaction that sentiments
so ungenerous had been attributed to him.
Recurring to the leasing of the road, Mr.
Trenholm said lt was the old story of Ahab's
vineyard. Like Ahab we should answer, -'It
is my Inheritance. I cannot sell it." They
had an example *n the Greenville Road, where
a Ring of sloe'.holders bad bought a control?
ling interest, and having a majority of the
Btock he J called a convention, and, in con?
tempt of the minority, had decided to lease
the road. Such a combination would not be
upheld in this road. It would be Inconsistent
with the rights and obligations of the
corporators-with law and equity, and
with that sentiment of justice and
honor which should underlie all great and
public transactions. Tb; Mr. Taylor, al?
ready mentioned, would scorn to buy up and
govern a road in this manner. Let him come
to Charleston, and, being a stockholder, let
him examine the reports and workings of the
road. He (Mr. Trenholm) would welcome
him as a member of the board. His Interests
in New York should be opposed to the combi?
nation now attempted to be made. A body of
Northern capitalists (the Pennsylvania Com?
pany) were obtaining the control of a Une of
railroads running parallel with the Atlantic
coast, which should carry the products of the
South to Norfolk, Baltimore, Philadelphia,
and even Boston, without touching a South
Atlantic pori. New York was Interested In
keeping open these South Atlantic ports. Sa?
vannah was threatened as well as Charleston.
No combination of hers could defeat the great
monopoly. But if the Georgia and South Car?
olina roads would combine, they could, with
the advantage of a long sea line, defeat and
break up the Northern Ring. [Loud applause.]
As regards the proposed lease, be would ask
what was the guarantee ot the Georgia Central
Railroad good for? That company haa a capi?
tal of $5,000,000. It had a bond debt of $789,
OOO. It had leased the Macon and Western
Road, with a capital of $2,000,000, guarantee?
ing a dividend equal to Its own. It bad rent?
ed the Augusta and Savannah Road, with a
capital of $850,000, at $73,000 a year. It had
leased the Southwestern and the Muscogee
Railroads, of 257 miles, with a capital and debt
of $4,639,000, at eight per cent, per annum.
It owns in the Southwestern Road stock
to the amount of $423,000, aBd in the
Muscogee Road to the amount ol $25,000.
The bonds of the Western Railroad, amounting
to $1,200,000, were guaranteed by the Central
and Georgia Roads, one-half of the liability
falling on the Central. This made a total debt
of $14,326,000, to which lt was proposed to add
the capital and debt of the South Carolina
Railroad of $10,000,000, making a grand total
of $24,326,000. He (Mr. Trenholm) would not
accept the guarantee of such a road. The
Central Road was pursuing a darlog and dan?
gerous course, and he believed lt would end
la failure and ruin. The proper course for us
was to Invite them to unite in a combination
which would secure prosperity and safety to
The Hon. J. P. Boyce here rose and said he
could give a few facts which would throw
light upon the value of these guarantees.
About a year ago the Central Railroad leased
the Macon and Western Railroad, the stock of
which, a few days after the completion of the
lease, he (Mr. Boyce) had sold tot 110 and
112. Yesterday the same stock was offered
to bim at 101.
Mr. John H. James, of Atlanta, rose and
said: The people of Charleston have miscon?
strued what I said. I came here In the Inter?
est of no raHroad. Atlanta is not opposed io
Charleston. She gives the Charleston route
more business than she gives Savannah or
Macon. But railroads ought to pay. They
ought to pay dividends. I don't know Mr.
Moses Taylor-never saw him. I repeated
what was told me. I bought Block In the
South Carolina Railroad because lt can be
made to pay. I saw there was a fight up, and
James could make something out of lt. You
said you were going to defend yourselves
against the Ring by buying up the stock. I
warned you yesterday you would be bought
out. Did you do lt ? Why, this morning how
much stock was offered a long the streets ? I
was offered four hundred shares. Now, If
you want to keep the road why don't you buy
that stock? What I buy I keep till I can get a
profit. Then the man who bids highest takes
the Block. I am lu for making money, and
only spoke for James.
1 he resolution was again : -ad, when the
Hon. Alfred Huger rose. He had a few words
to speak, but, unimportant as they might be,
he would rather not let them remain unsaid.
He had heard ihe opinions and arguments of
the gentleman, (Mr. Trenholm,) and fully
concurred in them. He would like to call ihe
attention of the meeting to this fact. It was
not Improbable that he was the only survivor
of the Legislature which granled Us original
charter to the South Carolina Road. If any
clause had been proposed to be Inserted In
the charter to authorize the leasing of the
road, the mover would hardly have
dared to show his face in either house.
The arguments used wben the charier
was granted were of the same Import as those
his honorable friend had so logically staled.
It was a chain lo bind the Southern States to?
gether. It was, when completed, the longest
road In the world, and with Its connecting
lines lt was expected to transport our cotton |
and that ol our neighbors from the Interior to
the seaboard. Ever man who voted for the
charter did so feelig that he should love his
neighbor as himself "But Mr. Chairman, the
idea of parting witt that road seems to me
like nothing more or less than bartering
away our offspring. God ! I would as soon
sell my child, .?ed and worn as I
am. I cannot spek of lt. Part with our
child ? Aller rearln it and caring for lt; alter
watching lt In trlalsind troubles, and seeing
lt emerge Into llgbtind hope from the dark?
ness of ruin and depalr ? I saw the trouble
coming. I risked le little I was worth with
no triumph in prosect but the triumph of J
utter ruin." The ?nerable speaker, whose
pathetic words wendeeply felt by every one,
said also that he ha seen the direction put
their shoulders to the wheel in the face of
difficult lea which semed insuperable, and at
length brought tb old road through. The
stockholders had at received dividends, but
the people of the cantry had. He wanted to
hear of no worse rfalry between Georgia and
South Carolina exept the generous rivalry of
striving lo do the umost for each other.
The Hon. Geo. ATrenholm asked leave to
state the plain proposition, that when a com?
mon carrier had coiled merchandise and pas?
sengers lor one yer, and at the end of the
year found that the/ecelpts and expenditures
were equal to each ither, it was plain that the
work of carrying pssengers and freight bad
been done at its exct cost. This was the case
with tbe South Caolioa Hoad. It had ren?
dered a great and important service to the
country. Il had glenthe public a dividend,
although lt did notiow give one to its stock?
The resolution ws then put and unani?
mously adopted. ;
The meellng having on motion, resolved it- j
self Into a commlttetof the whole, with the
Hon. Gabriel Cannon n the chair, the follow?
ing resolution was iut and unanimously
Resolved, That the thank? of this meeting
are due and are li ere ty tendered to the Hon.
H. D. Lesesne for t h e tole, courteous and digni?
fied manner In whib he has presided over
Upon Mr. Lesesne'iresumlng the chair, the
resolution was reportjd to him. He expressed
his gratification for lib kind and flattering ap- j
predation ol his smalservlce, which had been
rendered easy by the characteristic decorum
and propriety which hd prevailed during the
deliberations of the meting.
On motion, the neting then adjourned
Result of tte Election.
DIRECTORS OF THE SOiTII CAROLINA RAILROAD
I. Wm. J. Magrath. 9. B. H. Rice.
2. Geo. A. Trenbolm. 10. Wm. A. Courtenay.
3. L. D. DeSaus8ure. ll. James S. Gibbes.
4. John Hanckel. 112. James P. Boyce.
6. Andrew Slmonds. 13. James Conner.
6. Geo. W. Williams. 14. W. L. Ellis.
7. Henry Gourdin. 16. Daniel Tyler.
8. Francis J. Pelzer.
DIRECTORS OF THE SOUTHWESTERN RAILROAD
1. J. C. Cochran. 8. J. 8. Gibbes.
2. L. D. DeSiuBSoxe. 9. W. J. Magrath.
3. J. P. Boyce. io. W. A. Pringle.
4. J. H. Wilson. ll. Henry Gourdin.
5. W. A. Courtenay. 12. B. H. Rice.
6. G. W. Williams. 13. James Conner.
7. P. J. relzor. ' . _._
A RUNAWAY CAUGHT-MORE RAIL?
SAVANNAH, February 14.
Johu Conner, who absconded from Scran?
ton, Pennsylvania, with ten thousand dollars,
was arrested yesterday aboard the steamer
Magnolia from New York. Nine thousand
nine hundred and seventy-nine dollars were
The annual election of officers of the Allan
tic and Gulf Railroad was held to-day. The
old board was re-elected. A proposition to
extend the road to Mobile met wilh great
favor, but was referred for further details.
An offer from Morris Ketchum, and others of I
New York, lo lease the road was read, and a
motion requesting the parlies to make a defi?
nite offer was adopted, which proposition Is
to be submitted to the stockholders at a future
NEWS FROM WASHINGTON.
WASHINGTON, D. C., February 14.
The Homet was allowed to go from Balti?
more to New York under bond.
The Criminal Coan is entertaining a motion
for the arrest of judgment In ihe case ot Con?
gressman Stokes. The impression ls that
Stokes will escape the penally.
SENATE.-Sumner's resolution of Inquiry re?
garding the sale of arms occupied the entire
day. Adjourned without action. The discus?
sion was Ditter and confined entirely to Re?
Hoi SK.-Beck introduced a resolution tn
inquire what had become of the navy, which
was objected to on account of Schofield's ab?
sence. The committee on ways and means
reported a bill abolishing the tariff on tea and
coffee. Frenkllnbar. In reporting the bill,
i-tated th it a majority of Ihe committee of |
ways and means were opposed le ihe repeal.
The naval appropriations occupied the rest ol
of the day. _
TEE OLD WORLD'S NEWS.
NEW York, February 14.
The Herald's London special says: aNo
English cabinet continuing the negotiations
uniter the treatv as the case now stands could
hold office for twem y four hours. Therefore,
the arb tratlon ls ended, unless some mutual
understanding, modifying the point at Issue,
WASHINGTON, February 14.
Slr Edward Thornton apprehends no se-1
rious trouble between England and America
over the treaty.
LONDON. February 14.
The expedition lu search ol Dr. Livingstone
has departed. The comic papers cartoon tho
Ameilcau claims for indirect damages.
PARIS. February 14.
The membere of the Right have declared
their unwillingness to fuse with the Orleanisis
in the Assembly.
NOTES FROM NEW YORK.
NEW YORK, February 14.
Dutch George, the celebrated counterfeiter,
Mayor Hall intends Buing the Times for
libel If he is acquitted.
The Reform ticket swept Staten Island.
8everal motions to quash the Indictment
against, stokes were refused. The Judge and
Jury will consider the question ot the Illegality
of the grand Jury after che evidence and argu?
SPARKS FROM THE WIRES.
-E. A. Bulkley, president o? the Etna Fire
Insurance Company, ls dead.
-Mar.ll Gras, at New Orleans and Memphis,
was iinprec-denilv auccesslul.
-The re ot m ticket ls successful In Rich?
mond County. New York.
-Three children were burned tc death yes?
terday ai Wluoua. Minn.
-Two perons were killed yesterday by a
col.i-lou on the Hariford and New Haveu Rail?
-Nine million two hundred and fifty thou?
sand bushels of wheat are in store aud afloat
-Tue steamer Nashville, with $170,000 of
frelirlit fur New Orleans, was Bunk by ice at
-Aver & Brothers tobacco factory, ia Mc
Lean County, Ky., was burned down, and the
supposed incendiary was lynched and found
THE REPUDIATION DODGE.
WESLEY'S KEW YORK SCALING BILL.
Provisions of the Bill-Honest Bond?
holders to Lose One-fourth of their
Bonds for the Benefit of Holders of Il?
legal Bonds-A Modest Proposition In
the House-Six Dollars a Day in the
[SPECIAL TELEGRAM TO TDK MEWS.]
COLUMBIA, S. C., February 14.
Wesley's Bealing or repudiation bill will
probably be introduced in the House by Den?
nis, of furniture fame, to morrow. Tbe bill
provides for the issue ol ten millions of regis?
tered stock, for which the outstanding State
bonds shall be exchanged at the rate of sev
ty-flve cents in stock for every dollar in bonds.
A special tax of four mills to be levied every
year for the payment of interest. Messrs. Orr,
Palmer and Childs and two citizens of New
York to be commissioners to certify to bonds
presented for exchange. The financial board
to select a New Tork bank to transact the busi?
ness of exchanging. No more bonds to be
Issued without the sanction of two-thirds of
tbe voters of tbe State. Ten thousand dollars
are appropriated for expenses.
The Senate passed a bill to provide the man?
ner of conducting special elections, and the
amendment to the constitution causing the
Stale and Federal elections to be held on the
' The House adopted a resolution to adjourn
on the 26th, subject to the call of the speaker,
who may convene the House In special ses?
sion upon the demand ot a majority of the
THE REPUDIATION AND BLUE RIDGE
Petit ton of the New Torie Bondholders
-Their Modest Request-The Lancas?
ter Election Case- Hayne's Land Com?
mission Report. I
PROM OUR OWN C J RR ES PONT 3 NT.]
COLUMBIA, S. C., February 13.
The only feature of general Interest In the
legislative proceedings, to-day, was the pas?
sage to a third reading of the House bill to re?
lieve the State of its guarantee of the Blue
Ridge bonds, wblch was accomplished by a
vote of 80 to 19, and ls equivalent to Its final
passage by the House, Inasmuch as tbe debate
upon any measure is practically confined to
Its second reading, and the third reading ls
purely a matter of form. The nature of its
reception by the Senate ls still, of course, a
matter of doubt; but that body has shown in
more cases than one its remarkable facility
for the sumersault business, and there la no
knowing after all but tbat the bill may pass.
In the Senate, this morning, there was also
a little sensation In the shape of a petition
from various bondholders In New Tork, pray?
ing for the acceptance of the funding scheme,
mentioned sometime ago in this correspon?
dence, as proposed by Mr. Wesley, of the
Union Trust Company, New York. The
petition was brought to Columbia "by Mr.
Wesley, who la in town for a few days looking
after the Interests of this device, and ls as fol?
Nsw YORK, January SI. 1872.
To the Honorable the Senate ana House of Repre?
sentatives of the State of South Carolina:
The subscribers, your petitioners, owners and
representatives of owners of bonds of the State of
Sonth Carolina respectfully pray yoar honorable
bodies to provide by law for the funding and con
o-iiJaria- rr iht> various loans or your State toto
a registered stock, not to exceea me sum or rea
millions of dollars, with Interest payable quarter,
ly, at and after the rate of six per cent, per an?
num; and your petitioners are willing to ex?
change thc bonds or your state now held or rep?
resented by them for such registered stock at the
rate of seventy Ave per cent, of the par value of
said bonds; provided, that in any lawcreauog
such registered stock as prayed for by your peti?
tioners there shall be a'provision made for a per?
manent tax HU nielen t to pay i he Interest thereon
and create a reasonable sinking fund therefor,
and also provide In the same statute that the
debt of your state shall not be farther Increased,
except by a vote In ra vor thereof cast by a major
tty of the legal voters of yonr State at any gene?
This petition is signed by eighty-two firms,
corporatlono and individuals, of whom the
largest owners of stock are as follows:
E. B. Wesley.$100,000
E. A. Quintar?. 110,000
Van Schalck & Co. 240,000
S. H. Alden.110,000
A. Michel backer. 140,000
Jno. H. Hand. 100.000
DeRham & Co.114,000
Jae. Flanagan. 60,000
A. D. Williams A Co. 50,000
Tracy B. Edson. 50,000
H. 8ilbershorn. 61,000
Gbas. L. Lawrence. 50,000
L. Burnham. 60,000
Jos. Andrade. 60,000
J. W. Brown. 60,000
W. H. Williams. 60,000
R. H. Thompson. 70,000
The petition was offered by Senator Nash,
referred without debate or comment to the
committee on finance, and ordered to be
Previous to the introduction of this petition
in the Senate the tollo wing bills were intro?
By Mr. Bleman, bill to authorize aliens to
Ry Mr. Corbin, bill to amend section 158 of
the Code of Procedure.
By Mr. Duvall, bill to provide for the pay?
ment of Jurors' and witnesses' tickets, which
provides that county treasurers be required to
pay j uro th' and witnesses' tickets ou presenta?
tion out of any moneys in their hands, and to
receive such tickets In payment of county
The railroad committee made a decidedly
suggestive report upon the bill to aid in the
construction of thc Georgetown and Charlot te
Railroad. They recommend that the bill do
not pass, lor the very sensible reason "that
lrom Information received from several
sources it ls questionable If there be such a
corporation as the Georgetown and Charlotte
The committee on privileges and elections
submitted a long report upon the protest of
Phineas B. Tompkins against F. A. Clinton,
the sitting member of the Senate lrom Lan?
caster Conuty, the upshot of which all ls that
they recommend the unseating of th* incum?
bent, and that the seat be declared vacant.
Various evidences o? fraud in the election are
produced, and the testimony would Beem to
show that Mr. Tompkins was elected by a
majority of forty-three, and thBt, therefore, he
should be entitled to the seat; but the com?
mittee do not go so far as that In their recom?
mendation, but merely recommen i that, the
election be declared null and void, and the
seat of the member from Lancaster declared
The report of the present land commis?
sioner. Senator-H. E. Hay ne, has also made
its appearance, and a careful perusal ot Us
eighty paires will tend to prove the truth of
that gentlemen's recent remark upon the
floor o? the -enaie that he bad stolen nothing
while in office because his predecessors had
left nothing to Bical. AU of which ls sugges?
tive of a clever cartoon by Nast. during the
recent Tammany troubles in New York, in
which the four culef braves of that tribe were
pictured as standing lu a circle, and each one
pointing the floger ol scorn and obloquy to his
lefi-hand neigh nor. with the exclamai ion,
"He IR the ihief I" Thus, Tweed was pointing
to Swenney, 8weeney to Hall, and Hall lo
Connolly, uutil at la>t Connolly was found to
be pointing to Tweed, and the ring was com?
plete. Ia the prewnl case, Hayne proiesis
his lnoocence. In which of cours-? we flrm'y be?
lieve: but he says that his predecessors
plundered. His immediate forerunner was
DeLarge, and UcLarge, we all know, is liou
estjbut still DeLarge admits that there have
been swindles. Tue predecessor of DeLarge
was Leslie, and now Hie question comes,
what would Leslie have to say lt he were
asked who had com milted the swindles in the
office ol the land comm BS1<mer ?
In the HOUBB to-day the proceedings, outside
of the passage of the Blue Ridge bill, were
exceedingly uninteresting. The ' only new
measure of any importance was the Introduc?
tion by Green of a bill to compel attendance
at school of children between the ages of Blx
and sixteen years, which provides that every
parent, guardian or other person -having chll
1 dren between the ages of six and slxleen !n
their employ or charge shall send such chil?
dren to school for a period of at least four
consecutive months In each year. Non-com?
pliance with this act Is declared a crime, and
ls made punishable with fifty dollars fine and
thirty days Imprisonment, or thirtv days' lah or
on the public roads. PICKET.
* T S
THE BASTARDLY ASSAULT UPON GEN?
ERAL D. JET. MAURY.
The Fact* or the Cate.
[From the Huntsville Advocate ]
The Memphis Appeal has published an ac?
count of an assault made by Mr. Trice, the
conductor of a sleeping car on the Memphis
and Charleston Railroad, on General Dabney
H. Maury, on the night of January 31st, at
Chattanooga. This account varies very ma?
terially from the facts of the case, and was
probably derived from Mr. Trice, who desired
to forestall public opinion In bis favor. Gen?
eral Maury has felt constrained to place in
our hands for publica1 loo the following pri?
vate letter, which he addressed, on the Int In?
stant, to Major Wicks, president of the Mem?
phis and Charleston Railroad Company.
We have known General Maury\from boy?
hood, having been a fellow student vwlth bim
at the University of virginia. He bas made
his own Imperishable public record by valua?
ble services as an officer in the Mexican war,
when he received honorable wounds In both
arms, and as a general in the Confederate ser?
vice, where /IIB cause was ever "up ward and
onward, and true to tbe line" or patriotic
duty. We therefore credit tbe entire truth?
fulness of his statement, and have no hesi?
tancy in denouncing Mr. Trice's assault on
him as uncalled for, cowardly and brutal. Its I
dastardly character Is aggravated by the fact
that General Maury ls a man ot small stature,
and Inferior strength, unarmed, and with both
arms injured by wounds received in his coun?
Mr. Trice ls ihe man who perpetrated the
scandal about Mr. Jefferson Davis, and. If re?
ports be true, many passengers have hesita?
ted and refused to take berths ia his sleeping
car, in consequence of their disbelief of bis
statement In that connection. He ought to
be summarily dismissed from the road. Here
ls General Mauay's letter: ?> ?
HUNTSVILLE, February 1, 1872.
Jfajor il. J. Wicka-DEAR SIR: Last night
I arrlved-.ln Chattanooga by the train from
Virginia, having been since Sunday week
travelling almost dally. I therefore went
into the sleeping car at Chattanooga to secure
some rest. The conductor of the Bleeping car
met me, and politely informed me that any of
the berths would be army service, as be had
no other passengers. I laid my travelling bag
and shawl upon a seat, and fell into a civil
chat wlih the conductor, during which be In?
formed me he waa from Louisa County, Vir?
ginia, the adjoining county to my own,
Hpottsylvanla. I asked him his name. He
said his . name was Trice. I turned
trom bim. and, without a word, took up- my
valise and shawl and went out of the sleeping
cat and went Into the next car In front, I
had been in that car about five or ten min?
utes, when I missed the cape of my overcoat,
and thinking I might have left lt in the restau?
rant of tbe depot, went hastily in and asked
the proprietor if I had left my cape there. He
told me no. I then went into the sleeping car
to look for lt, and found lt lu the Beat where I
had placed lt. I took lt up, and was on my
way out of the car with lt, when the same
conductor confronted me, and said to this ef?
fect: "You left this car very abruptly just
now, sir; why did you do so ?" His manner
was aggressive. I replied, ''Because, slr, I
chose to do so." And then, with coarse lan?
guage and Insolent manner be de?
manded again my reasons. I replied:
-I left the car becaiiBe you are the
author of a scandal upon the Southern
people." He then ran to the stove, took up
au Iron poker, about eighteen Inches long, and
came quickly up to me with lt, denouncing
and threatening me in violent and foul terms,
until I had reached the door of (he sleeping
car, when, just as I etepped out upon the plat?
form of the car, he suddenly caught me around
the neck, with the arm holding bis lantern,
threw me down upon the platform, and struck
me rapidly and violently on the back of my
head with the poker. He Inflicted several
cuts upon my head and several upon my arms
before he was prevented by Mr. Peck, the
brakesman, from further violence. I bad no
weapon upon my person, nor anywhere within
reach, and, having been maimed In both my
bands, was at his mercy from the moment he
threw me down.
These are the main facts, known to me,
about this outrage. I lay them before you,
and am, respectfully, yours,
DABNEY H. MAURY.
A FEARFUL STORM IN THE NORTH?
CHICAGO, February 14.
A fearful storm has prevailed In the vicinity
of Sioux City. The mercury fell forty degrees in
two hours. 4 A hurricane, with blinding snow,
continues. Several deaths are repor ed trom
the sudden cold. The trains on this division
ol' the Central Illinois Road are all blocked by
the snow. Tbe thermometer this morning
waa eighteen degrees below zero. A report
that Spotted Tali and his baud were frozen ls
believed, out the prostration of tbe telegraph
by the storm prevents verification.
ST. PAUL. February 14.
The heaviest snow storm of tbe season oc?
curred to-day. Tbe thermometer was below
zero all day. The railroads west are blocked
up, and lt ls feared that the Canadian survey?
ing party, numbering twenty-five men under
Colonel McNab, which left Dunleath for upper
Superior, have perished. When last heard
from, January 27ib, they were lo an open boat.
The lake ia full of ice, and a storm ls pre?
THE WEATHER THIS DAY.
WASHINGTON, D. C., February 14.
The highest barometer will probably extend
oo Timi slay northeastward over the Gull and
South Atlantic States. A rising barometer
and pleasant weather will prevail over the
Middle and Eastern States, and west and
northwesterly winds will prevail from New
England to Florida and westward to the Mis?
sissippi. An area of Tow barometer will pro?
bably develop In the upper Missouri valley,
clear weather prevailing lu the Southern and
Gulf Slates, except the immediate coast west
of Texas, where easterly winds and cloudy
weather are anticipai ed. Warning signals
have been ordered, but dangerous winds are
not anticipated for Wednesday night on the
Gulf or Atlantic coasts.
Yesterday's Weather Reports of thc
Signal Serrice, V. S. A.-4.-17 P. BL,
Key West, Fia..
N irtolK .
29.881 42 W
"?9.98 25 MW
2'i.4? 28 W
29.77 46 W
30.06 16 W
30.21 65 ->E
3-1.05 69 MW
.0.91 2o W
30.16 41 VV
29 23 16 S
JO.14 40 NW
29.62 23 sW
.?0.65 30 SW
2K.31 36 'E
29.85 4 W
30.OH 22 W
.9.72 25 MW
?9.6? 44 W
APPOINTMENTS BIT rae. I?UVJSKN. R.-Bv con?
sent ol tue pariies, lu the case uf G. W. Pat?
terson vs. the South Carolina Railroad Com?
pany, the Governor has appointed F. W. Mc
Master. Esq., as apecial Judge to try the case,
Judge Mellon betug incapacitated from serv?
ing, as t<e has been counsel In Hie case.
Govern->r SJOI t has removed C. M. Thomp?
son, tria' Justice for Kershaw County, and has
made ihe following appointments: N liarles
Public-C. C. Turner, lor 8partanburg: Leven
Argoe, Oak Grove, Orangeburg; A. W. Cle?
ment, Anderson County; W. S. Hastie, Charles?
OR AN rs NEPOTISM.
MOBILE, February iii**
The Mobile Tribune cays D. C. Sugg, a class-'
mat? of General Horace Porter of tne.Eresl
dent's staff, bas been made deputy collector
of customs at Mobile. He was unknown to
Collector Miller, and his appointment was a'
dictate to him from Washington. He was
appointed postmaster In Huntsville by Grant,
last winter, at Porter's request. His appoint?
ment In the customhouse is understood to
explain In part.the influences which procured
Warner's removal, through Porter and Came-,
DARGAN-WK "KESBERG.-On the evening Ott
the 13th February, 1873, at St. John's Lutheran
Charoh, by the Rev. Trios. William Doab, Locus O.
DABO AK, of Darlington, 8. c., to J. ANNA,
daughter of F. R. Wickenberg, of Charleston. . ...
fanerai floticgg. .. J
"~^^HE^BELATIVE8, FRIENDS AND
Acquaintances of Mr. and Mrs. DUNCAN nIN
. G RAHM, also of his mother; Anne Dence, and
Mr. and Mrs. B. Cal lo w ay, are particularly Invited
to attend the Funeral of the former, THIS AFTXB
NOON, at his late residence, Laurel street, near
Line, at 4 o'clock. _ lebis
ftr* NIAGARA FIRE ENGINE COM?
PANY, No. 8.-You are hereby summoned to" ap?,
pear at the Englne-House, In uniform, THIS AF
TBBMOOK, at 3 o'clock, to pay the last tribute or
respect to your late brother member, DUNCAN5
~ By order. JAS. M. HOLLOWAY, . 3
ASHBY.-Died, in Darlington County, February;
12, 1873, at the residence of his son, THOMAS
ASHI?V, in the eighty-ninth year of his age.
^?-NOTICE- - CENTRAL POSTOFFICE
BOX.-By. permission of Stanley G. Trott, Esq;,.
Postmaster, a POSTOFFICE BOX has been placed
In my Grocery Store, No. 376 King street, nearly
opposite Hasel street, for th? accommadation of
the publia .f>
All Letters deposited will be delivered' at the;
principal Poeto ca ce in time for the regular malls.
EVERT E. BEDFORD, 'i
Successor to W. 8. Corwin * Ca,
febl4-e Na 276 King street : >
?Bf FRESH VACCINE MATTER, "
TAREN FROM THE ARM,
FOB BAU AT . ? i . V.v^ :. 1
BURNHAM'S DRUG STORE,
NO. 431 KING STREET,
fe bl 2-1 mo CH AB LISTO H, S. C.
pw* THE CHARLESTON OHARITA?,
BLE ASSOCIATION, FOR THE BENEFIT OF THE
FREE SCHOOL FUND.-OFFIOAL , RAFFLEB
CLASS Na 849-MOBMIMa. , ?.}.
20-60 -32 -64-74-13-10 -62 -43-60 -83?-6T;
OLASSNo. 850-EVXKIMG. -
66 - 6 -37-77-23-73-14-43-24-83-11-741
AB witness our nan? at Charleston thia 14th day ;
of february, 1873. FENN PECK, . .-.
octa Sworn ccmmlwmonert.
~j?Y' ST. JOSEPH AND DENVER
CITY RAILROAD COMPANY.
ExEcrrrvs OPFICS, No. 81 NASSAU STBXXT, .;'
NSW YoBX, February 1, 1872. ' :
The Couponsand registered Interest doe Feb*:,
ruiiry 16,1873, on the First Mortgage Eight Per'
Gent. (8 rf-c.) Gold Bonds (E. D.) and the Eight '
Petr Cent, (8 p. a) Gold First Mortgage binung
Fund Land Grant Bonds (W. D.,) of the St. Joseph
and Denver City Railroad Company will bo paid
at the office of the Farmers' Loan and Trust .
Company of the City of New York, upon presenta* ?
tlon and demand on and after that date, Free of
Tax. FRANOIS A COFFIN,
fcb6-13_St. J. A D. O. R. R. Co.
~p?r TAXES.-^-THE TAXPAYERS OF
the Seventh District of Charleston County, oom?
prising Edlsto, John's, Wadmalaw, James Island !
and St Andrew's Parish, are hereby notified that
the Tax Books will be In the city, at the Fire?
proof Building, February 16, for the Collection of
State, County, Poll and School Taxes, for the yeer j
1ST], and will remain open 16th, nth, so tit and
21st, closing 33d.
N.B.-The delinquent Tay pay era or i860 will
have no farther time allowed from that data
WM, H. W.GRAY,
ifebl2-s Deputy Treasurer,
?w* O N MAR R I A O E. -?Ikf"
Happy relief for Young Men from the effects
of Errors and Abuses in early Ufa Manhood re?
stored. Nervous debility oared. Impediments
to Marriage removed. New method of treat*,
ment New and remarkable remedies. Rooka
and Circulars sent free, In sealed envelopes. A4?
dress HOWARD ASSOCIATION, No. 3 South
Ninth street Philadelphia. Pa? oe til.
mw* CLEAR AND HARMLESS AS WA?.
TER-NATT ANS'S CRYSTAL DISCOVERY FOR.
THE HAIR.-A perfectly olear preparation In one
bottle, as easily applied as water, for restoring to
gray hair its natural color and youthful appear?
ance, to eradicate and prevent dandruff, to pro?
mote the growth of the hair and stop Its failing
ont It ss entirely harmless, and perfectly free-'
from any poisonous substance, and will therefore
take the place of all the dirty and unpleasant
preparations now tn usa Numerous testimonian
have been sent us from many of our most promi?
nent citizens, some of which are subjoined. In
everything In which the articles now. in use aro
objectionable, CRYSTAL DISCOVERY ls perfect
lt is warranted to contain neither Sugar of Lead,
Sulphur or Nitrate of SUver.lt does not soil the
clothes or scalp, ls agreeably perfumed, and
makes one of the b;at dressings for the Hair in
asa It restores the color or the Half "more per?
fect and uniformly than any other preparation,"
and always does so in frem three to ten days,
virtually reeding the roots or the Hair with an
the nourishing qualities necessary to ?ts growth
and healthy condition; lt restores the decayed
and Induces a new growth or the Hair mare posi?
tively than anything elsa The application of
this wonderful discovery also produces a pleasant
snd cooling effect on the scalp and gives the Hair
E. pleasing and elegant appearance.
We call especial attention to the fact that a
Um Ited number or trial bottles will be given way
gratuitously to those wishing to try lt Yon witt
notice that in pursuing this course our aim ls to
convince by the actual merits or the article.
ARTHUR NATTA N'S,
Inventor and Proprietor, Washington, D. O.
For sale hy the Agent, DB. ti. BAER,
Na 131 Meeting street, Charleston, S. 0.
?gncnUttM, ^orticn?nre, &t.
FLORIST AND GARDENER,
SPF.LNO STREET NBAS RUTLEDGE.
A choice assortment of ORNAMENTAL TREES
Rosea, shrubs, Fruit Trees, Bouquet?, Camella,
Flowers, Greenhouse Planta Aa
Catalogues can be got on the premises.
ARLE & BLYTHE,
ATTORNEYS AT LAW,
GREENVILLE, 3, 0.
MO* Practice la State and Federal Courts.
49- Special attention given to Collecting and