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. VOLUME IX.-NUMBER 2065 CHARLESTON, TUESDAY MORNING, AUGUST 27, J872._ EIGHT DOLLARS A YEAR,
OUR KILKENNY CATS.
CRLKfflA TIO SS ASD RECRIltlKATIOXS
IN TSE Ji ADI CAL CAMP.
A Terrible Excoriation of the Bolters
Chiffonier Mackey Throwing Chinese
Stink Grenades-The Work of the Ri?
val Conventions - The Two Tickets
Completed-A Choice of Evils for the
People's Consideration-Both Factions
Lick-split lina Grant and Bidding for
V [SPECIAL TELEGRAM TO THE NEWS.]
COLUMBIA, August 26.
The "regular" or Moses wing of the Repub?
lican State Convention reassembled at about
noon, and the discussion of the platform writ?
ten by Judge Mackey and submitted by the
corni-uttee on resolutions last Friday was com?
menced. A considerable nnmber of amend?
ments were made to the original draft and the
platiorm as Anally adopted, ls as follows, (the
amendments being In small capitals :)
First. We affirm our earnest adhesion to the
platform ol principles adopted by the Nat ional
Republican Convention at Philadelphia, on the
6th day ot Jnne, 1872, as embodying the true
ideas ol American progress, and impelled by
the spirit of the American Union.
Second. We support for President and Vice
President of the United States, U. 8. Grant
and Henry Wilson, knowing that the safety of
the nation and the rights of all American citi?
zens will be secure under their administra?
Third. We pledge ourselves to effect, In?
stantly, a financial reform in the Stat* gov?
ernment, by suspending the payment of the
Interest on every bond of the State to which
can be attached the shadow of a suspicion,
and providing for the punctual payment of the
principal and interest of the unquestionably
valid debt, AND THAT- THE MEMBERS OP TUE
LEGISLATURE, ELECTED BY THE REPUBLICAN
PARTY SHALL BE PLEDGED TO CARRY INTO
EFFECT THE MEANING AND INTENT OF THIS
Fourth. In the interest of financial reform
and good government, we pledge ourselves to
throw around the State treasury every safe?
guard necessary to losure the faithful applica?
tion of the public funds solely to the public
service, pursuant to just laws enacted. In the
interest of the whole people of South Carolina.
Filth. As essential to the reform herein
guaranteed, and imperatively demanded by
the people as the vital necessity of the State,
we shall require that the public expenses shall
be reduced wilbla ifce* public revenues, to be
derived from a moderate system of taxation,
based npon a fair and equitable assessment or
all property liable to taxation uader the con?
stitution. To effect this needed reduction lu
expenditures, we Insist that there shall be an
immediate reduction in the salaries of all pub?
lic officers, lrom the highest to the lowest, lr.
the State and counties, and that there shall be
a judicious reduction In the nnmber of the
public Offices ! Lemsel ves; AND THAT THE SUM
BEKKOF ATTACHES OF THE GENERAL ASSEMBLY
SHALL BB LIMITED BT LAW.
Sixth. Experience having proved that the
general license law, although hooestly design?
ed by the Legislature to relieve ?the burdens
of taxation on real estate, is, In Its practical
operations, odious ind oppressive, we pledge
OUI Bel fen to lui Instant rc poa l. -
Seventh. Believing from ead experience
that lt ls of necessity a safeguard to the pub?
lic treasury that all Its tran SAC lo DB should be
constantly open to public Inspection, and al?
ways nuder the eye of the people, we pledge
ourselves to secure the enactment of a law
providing that no moneys shalt be paid out of
the treasury except la pursuance of au appro?
priation, specifying the amount to be paid,
and such payment shall be made only upon
the warrant of the comptroller-general, duly :
countersigned by the Governor, and requiring
the comptroller-general and treasurer to pub?
lish, dally, a statement of the traubacuons of
their respective offices, showing wliut war- i
rants have been drawn, and the receipts and '
disbursements during the past twenty-four i
Eighth. WE FLEDGE OURSELVES THAT THC I
GOVERNMENT OF THE STATE SHALL HENCE- I
FORTH BE SO ADMINISTERED IN ALL irs DE- I
PABTMENT8 THAT NEITHER THE PUBLIC SCHOOLS
NOR THE ASYLUMS OF CHARITY SHALL BE I
CLOSED FOB WANT OF PROPER MAINTENANCE BT (
THE STATE. 1
. Smth. WE MAINTAIN THE AUTHORITY OF THE I
GENERAL GOVERNMENT TO INTERPOSE FOR THE ,
PRESERVATION OF DOMESTIC TRANQUILLITY IN I
THE SEVERAL STATES, AND WE ACKNOWLEDGE I
WITH GRATITUDE SUCH INTERPOSITION IN THIS I
STATE; AND WITH THE HOPE THAT THE EXAM- I
PLES LATELY PRESENTED TO THE CIVILIZED I
WORLD FROM WITHIN OUR BIRDERS WILL |
AVAIL TO ASSURE TO OUR PEOPLE THE ENVOY- <
MENT OF FREE SPEECH AND HUMAN RIGHTS, WE I
INVOKE FOR SUCH VIOLATORS OF THE ENFORCE- |
MENT LAW OF CONGRESS AS WERE IGNORANT i
AND UNDESIGNING THE MERCIFUL EXERCISE OF ;
Tenth. With a full faith In the virtue of these
principles, oonfesalog our errors of legislation
and administration in the past, which have
wrought grievous Injury to the State, we ap
:peal to all true Republicans to unite in bear?
ing our candidate to victory, io prove to the
.world that In South Carolina Republicanism
and good government are not inconsistent
with each other.
Eleventh. WE PLEDGE OURSELVES TO THE
ENACTMENT AND ENFORCEMENT OF PROPER
LAWS FOR THE LIBERAL ENCOURAGEMENT OF
IMMIGRATION TO OUR STATE FROM ALL QUAR?
TERS OF THE WORLD TO TUB END THAT THE AR?
ABLE LAND IN THE STATE, THREE-FOURTHS OF
WHICH NOW LIES FALLOW, MAY BE BROUGHT
INTO SPEEDY CULTIVATION, MANUFACTORIES BB
ESTABLISHED. AND OUR GRAND MATERIAL RE?
SOURCES DEVELOPED UNDER OUR BENEFICIAL
SYSTEM OF GOVERNMENT WHICH RECOGNIZES A3
BETWEEN CITIZENS OF SOUTH . CAROLINA NO
DISCRIMINATION ON ACCOUNT OF RACE, COLOR OR
In addition to these amendment?, S J. Lee
moved to amend the seventh plaok so as to
promise semi-monthly, instead of daily, re?
ports of the transactions of the treasury and
comptroller's office, but the amendment was
strenuously opposed and finally withdrawn.
The ninth plank, as above printed, was of
ferea by Moses as a substitute lor the eighth
resolution in the original draft, which asserted
that the enforcement of the laws and an en?
during peace could be?t be secured in the
State by the co operatiou of the citizens in a
mutual respect for the rights of property and
person guaranteed by the laws. Tae intro?
duction ot the substitute by Mo.-e3 provoked a
lively discussion. June Mobley opposed its
adoption, objecting, especially, to the recom?
mendation of Executive clemency to some of
the persons convicted of violations of the en
forcement laws, because, he said, every one
of the Ku-Klux had sense enough to know
very well what they were doing.
John Cochran, ol Anderson, said there was
no doubt the Ku-Kinx hal done wrong, b
the Republicans had not been free ? rom iau!
We should, he caid, lorgive what they ha^
done, and ask them to forgive us for what v
have done. I have myself done wrong, but
I do wrong agata, I hope that God will remoi
me from the lace o? the earth. The so-calk
Bolters have stolen more, tn proportion I
their numbers, than the rest ot the part
Tim Hurley boasts that he lias bandied us ft
lows successfully. If he did, it was when ll
Republican Legislature was new and Its men
bers were honest. He ls no better than oe
who prostitutes a young girl and then bram
her as a strumpet. One of those Bolters bi
signed as marjy pay certificates as Moses ha
They say their candidate, F. Gary, has bee
like one In a hornet's nest. If so, he ought t
sting that crew to death. It these so-calle
Reformers had not helped ut' we should nt
have been half BO bad. Anderson will giv
her usual majority against them. I do n<
charge Tomlinson with dishonesty, but h
conduct as auditor proves him incompeten
for when he resigned, his office was in hopeles
confusion. Such a man is unfit for Governoi
To the Ku Klux we must say, we havu don
wrong and you have done wrong, so we aril
shake hands and say no more about lt. ??
Congressman E.liott made a etroog spee:I
supporting the resoluiion. He claimed tha
the colored people, even those who had boer
beac.'ii and maimed by. the Ku-Klux had tin
kindest feeling towards tho whites, and. In
said, we must show now mat we have no de
sire to keep up disorder but desire all the pee
pie of South Carolina to eijoy the blessings o
peace. We must be magnanimous and lo re In
as we hope to be forgiven.
T. J. Mackey also supported the resolution
He said he had traversed the Ku-Kiux region
and be had also seen them in the court?. Ou
of the eighty-five who had been convicted, no
more than three or four were man ot ordinary
culture. The rest were of the humblest class
of white workingmen. In April last, Presl
dent Grant had told him that he would with lr
a brief p-rlod exercise executive clemeacj
towards tbeiigoorant prisoners.
The resolution was then adopted by a vol?
of seventy-four to eighteen, and the platform
was adopted as a whole.
The platform, as a whole, was then adopted
White, a coloredidelegate Irom Union Coun
ty, on the Neagle ticket, explaned tttat he had
gone into the Baiters' Convention, but could
not stand it, and had come back to his old
love, with which te live or die.
Comptroller-General Neagle followed, show?
ing the peculiar position of Turk County, and
eiuhualaiilcally advocated Mosed, to whom ht
pledged all bis Influence aad power.
T. J. Mackey rose to a privileged question,
and said I propose to reply now to the attack
of the Reform or B liters' Convention. My
first assailant ls D. T. Corbin, and I shrink from
touching him with the loathing of a surgeon
who dissects a putrid corpse. He is an index
of the measure ot reform proposed. On tne
banks of the Nile stands a c jimna, the Kilom?
eter, which marks the rise aud fail ol the
waters of that river by the mud line. Corbin
is the Nilometer of the rise of corruption In
South Carolina. His first appearance was as a
provost judge on Wadmalaw Island, in 1865.
His chief confederate there, as now, was C. C.
Bowen. His conduct there was so infamous
that an investigation was demanded. Bowen,
whn ?ma IMA mUtj, bat more unfortunate,
was sent to prison for stealing the funds of
the freedmen ; but Corbin escaped. He
next appeared as a State senator, when
bis first act was to champion the bill to fund
the bills of the Bank of the State, the courts
having decided that these bills were not re?
ceivable for taxes. Corbin worked the bill
through, tins beginning a new debt lor which
the people of the Stale had absolutely no
benefit. Senator F. A. Sawyer is registered
as having lony-slx thousand dollars of these
bank bills, lor which ho paid tcu eenie on the
dollar, and, through Corbin, those bills and
hundreds of thousands of like bills were fund?
ed at par. Next he appeared as the mauager
of the phosphate bill, which gave an Immense
source of Slate revenue to a private corpora?
tion. By a sy-tem of debauchery theretofore
unknown, he succeeded In getting the bill
through the Legislature. Scott vetoed the
bill, and Corbin telegraphed, "Damn the velo.
[ have money enough to pass the bill over his
head." And he did pass it. Others have
dallied with Corruption,but Corbin bas clasped
tier naked form to his bosom. When Corrup?
tion stalked through the legislative halls, she
leaned on the stout arm of D. T. Corbin, and
her diamonds shone with the tears of an out?
raged people. As soon as the bill passed,
Corbin was registered as the owner of
forty thousand dollars worth of stock of
the phosphate company. He next cham?
pioned the general ral'road bill, for
which he received as a senator, not
as an attorney, the sum of three thousand dol?
lars. He next figures in connection with the
sinking fund commission,receiving seven thou?
sand dollars as a senator t ir the services he ren?
dered. Like certain miracles of vegetation,
which grow forty feet in one night, Corbin
sprang from poverty to opulence in the flash
of an eye. I deal with his public record, and
will not raise the veil which covers his private
life. It ls sufficient to say that he and Bowen
might well be appointed the two superinten?
dents of marital relations in ihis State.
I now pass to G. W. Clark, who endorses
Reuben Tomlinsons political paper, and vows
that Corbin ls the soul of truth. For the sake of
argument I will admit that Corbin ls truthful,
and here Is Corbin's opinion ol Clark.
Judge Mackey here read and exhibited the
following autograph letter, written and signed
by Mr. Corbin, unless the signature be a very
exact forgery :
Thus we have to smoke the rats out. Damn
'em ! They are worse than rebels; for we
know what to expect of them. Clarie lu my
Judgment is the mo-?t contemptible, dirty
devil In the whole gang. He furnishes the
backbone und animus of i ne whole tight. For
God's sake kill him off for any apppolntment
or promotion. He was low and mean enough
to ask for my endorse m -m. for the office of col?
lector a few days ago. I'd see him lo hell first.
He detles all law and the Republican party;
aud yet asks them for an office.
(Signed) D. T. COBBIN.
A month later Corbin endorsed Clark as a
staunch Republican and the soul of honor, and
recommended him tor collecior. I pass now
to Reuben Tomlinson, and again charge that
in the House he was the special advocate of
the phosphate bill. As soon as that bill passed
his name also appeared as the owner of
forty thousand dollars' worth of phos?
phate stock. At that time Reuben Tomllnaon,
as the auditor of the State, was required to
receive returns of the quantity of phosphate
mind. He was also employed by the Green?
ville aod Columbia Bailroad Company, and
at the very time was engaged as Stale auditor 1
In assessing its property for taxation. As a
pioneer of education Tomlinson Mgnally failed, 1
as his conduct in Beaufort, as a freedman's 1
bureau commissioner, shows that he refused '
to do for the colored people what his succes?
sor Instantly did. He pretends to be coy, but I
this bolt was organized last July, when a
cnlar was sent out inviting certain person:
assemble In Charleston, to organize a mc
ment in opposition to the present State
ministration. The clrcu'ar offered to pay
expenses to and from Charleston, and \
Blgned by Sawyer, Corbin, Clark and Tom
son. In accordance with a natural law all
rogues gravitated to that common centre,
now take up P. A. Sawyer. On Decem
10, 1863, he enrolled himself in the Confeder
array, In Charleston, In the company of Ca
A. H. Brown. He did duty and served a
guard at the Workhouse, where Union prl
ners were confined. On September 13,18
when the Conlederacy was in Its death thro
Sawyer obtained a pass and went to the Un
lines. Time passed. He was elected senat
I protested against his being seated, a
Bowen made affidavit to the fact that Saw;
was a member of a blockade-running compai
which was engaged la importing rebel ar
until 1864. Charles Sumner and Henry Wils
voted against his admission; and on D.-cetnl
12. 1869, Senator Wilson, in the Senate, alli
los to Sawyer, said: "I hope the time v
won come when the Southern States will
represented by true siatesmen, and not
petty politicians." Another word about G
bin. His opposition to Judge Carpenter
1370 was because Carpenter would not s
the ermine ol the Circuit Court by givlog
decidion in favor or the phosphate compar
To Judge Orr, ? exiend the charity ot" silent
But I sotely feel bis defection. He signed l
ordinance of secession, and I, at his mandat
entered the Confederate army. When I w
near the bullet and the bayonet, Orr was f
in the rear studying the law of safe distanc
as applied to projectiles. Corbin ls infamo
in private life and odious for public corruptlo
It is natural that Bowen should be with Bo
era, for he bas been controlled by bolte
these sixteen years, during which time he h
been beyond the bolts of Jails. When he w.
pardoned tor bigamy, I told President Grai
that Bowen had bet cashiered from the Co
federate army for forgery and had murder<
Colonel White. Grant was astounded ar
shocked. He thought Bowen bad renden
Bervlces to the Union, but such as he cou
render the laws of civilized watfare do net a
low. Another Reformer is M. McLaughlli
who is indicted for fraudulent conan
as county commissioner, and bas Ju
been discharged lrom Jail on a charge i
larceny. IT ihe Ballers had any regard fe
the proprieties, they would have held the
convention within the walls of the penile!
liai y. Ju Ige Orr was right in saying that ttl
bolt is supported by tried Republicans. Il
supported, Indeed, by Republicans who liav
been tried and convicted. The Boilers hav
neither priuclples nor constituents, und a
soon as the canvass ends, will fly the yellow
hospital flag to mark tbe place of their kille
and wounded. Whipper is another reforme]
He says there hos been gambling in Stat
bonds. Well, he Is an authoriiy on gambling
a<) a recent little game in Columbia s ti ow.'
Others gamble as an amusement-he Is
gambler by profession. Whipper was a sink
lug fund commissioner. It became his dui
to transfer to the Blue Ridge Riilroad Com
paoy the stock of that company owned by thi
Sw:c. He refused to sign until he was pal<
ten thousand dollars. ? dare George S. Came
ron, of Cnarle8ton, to deny (hat he was st
bLiottmoUod by ibis reformer. Edwin P
Cary is the nominee of the reformers foi
State treasurer. Tal? man is the Intimait
Irlend of Scott, and was his candidate foi
treasurer on the regular ticket. His nomina?
tion ls the proof of an alliance between tte
Bulters and Scott. The Boilers have one othu
recruit, B. F. Whittemore, ot West Point cadet
selling fame. Another limb has fallen from
the Republican tree, bnt lt has fallt-a because
nf its own rottenness. In conclusion, Mackey
declared ihat he and his party meant genuine
reform, and events would prove to the willies
:>f this State that they meant what they auld,
fudge (lackey was listened to throughout his
speech with the most rapt attention, and his
nights of vituperative eloquence and frequent
Hashes of wit were greeted wlih l ong con?
tinued bursts of applause and laughter.
At the conclusion of this speech the conven?
tion took a recess of one hour.
Upon reassembling the Slate convention
proceeded to nominate Presidential electors
tvlth the following result : First District. S.
a. Swails, mulatto, State senator from Wil?
liamsburg. Second District, W. N. Tafr, white,
coroner of Charleston. Third District, Henry
Sparnlck, white, of Aiken. Fourth Dis?
trict. T. J. Mackey, white, Circuit Court judge,
Chester. For electors for the State at large,
the following were the candidates : D. H.
Shautberlalo, Wm. Gurney, Governor Scott
ind B. G. Yocum, white, and M. R. Delan}-,
SV. H. Nash, C. D. Loundes, W. H. Jones, Jr.,
ind E. P. Small, black. A ballot having been
md, D. H. Chamberlain, attorney-general, re?
lived seventy-six votes, Wm. Gurney, Ireas
jrer of Charleston, seventy-four, and W.
B. Nash, black, senator fromjRIchland, sixty
ive votes; Scott received one vote, Delany
ran strong, and come within three votes ol
The Statehouse Convention adopted rules of
organization us reported by the com ml nee,
ind the following State central committee
was elected. R. B. Elliott, chairman ; vice
president, J. L. Neagle, this appointment
being fought by Smalls, ol Beaufort; treasurer
W. B. Nash, elected. F. J. Muses, Jr., in eulo?
gistic speech, nominated C. D. Melton as a
member ol the State executive commiltee,
aud hw was elected unanimously. In answer
to a question it was announced that Mr. Mel?
lon supported the regular ticket. Congress?
man Bilney, elected; E. W. M. Mackey, elect?
ed; H. G. Worthington, elected ; J. M. Allen,
ot Greenville, elected; C. D. Hayne, of Barn?
well, elected ; M. L. Delany, ot Charles?
ton, elected ; R. S. Bennett, of Beaufort,
sleeted. The election of county chairmen
being next in order, the following were elect?
ed : Abbeville, H. H. Ellison; Aiken, P. R.
Rivers; Anderson, J. R. Cochran; Barnwell,
to be filled by the executive committee on re?
commendation of the county delegation; Beau?
fort, Robert Smalls; for Charleston, E. W. M.
Mackey was nominated, which led to an ex?
cited debate, ending in the withdrawal of the
ielegation lor consultation; Chester, John
Lee, elected; Chesterfield, T. L. Westen
sleeted; Clarendon, Rev. Wm. If er?
rant, fleeted; Collelon, G. F. McIntyre,
ilecied; Darlington, P. 0. Flood, elected;
BdgeMeld, J. H. McDevilt elecied; Fairfield,
U. S. Mliler elected; Greenville, Wilson Cooke
?lecied; Georgetown, Jas. H. Ralney elected;
Sorry, James Thornton elected; Kershaw, A.
W. Hough elected; Lancaster, Allen Hutson
jlected. The convention will adjourn at a
late hour to-ni?rht subject to a cail of the
chairman, In order to meet any emergency
that may arise. There is no doubt that Mac?
key will be chairman lor Charleston Couniy,
which will give him the regular nomination
for sheriff. ;
The Boitera' Convention
met this morning, and the nomination for
lieutenant-governor being in order, W. L.
Jervey, colored) of Charleston, nominated
James N. Hayne, (colored) of Barnwell, and
he was chosen by acclamation. Macon B. AI
len, (colored) the law partner of Whipper, in
the firm of Whipper, Elliott & Allen, was norn
Inated by A. C. Bichmona, for secretary of
State, and H. E. Hayne, of Marlon, also nomi
nated. Bowen supported Allen on the ground
that Hayne was the nominee ot the Moses fac?
tion, with which the Bolters could have noth?
ing to do. Allen was chosen. J. Scott Murray
(white) of Anderson, was nominated by Whip?
per for computer and chosen. Edwin P.
Gary, the present State auditor was nominated
treasurer. Judge Orr said that Gary was
offered fifty thousand dollars to stop the pro?
ceedings against Blue Ridge scrip and refused
to take lt. Gary was chosen. J. M. Sullivan
nominated B. L. Roberts, colored, of Green?
ville, for superintendent of1 education. Whi?
temore nominated the present incumbent, J.
K. Jillson, and made a speech bitterly
attacking T. J. Mackey. Roberts was chosen.
Phillp Ezekiel, colored, of Beaufort, was
nominated by acclamation as adjutant
general. For Congressman at large, the
candidates were George *W. Clark,
collector at Charleston, L. Cass Car?
penter, editor of the Columbia Uuion; Louis
Johnson, ex-Uolted States marshal, and
Joseph Quash, colored, formerly a Charleston
barber. Pointer supported Johnson on the
ground of his Ku-Kinx ser?ze. Bowen with?
drew Johnson. Byas seconded Carpenter as
an Influential Radical leader in Ihe State, and
be said he was authorized tb say that Carpen
ter and the Columbia Union would go toolh
and toe-nail with the Bolters. Clark and Car?
penter were withdrawn, however, and Quash
was nominated. A resolution was adopted
that the chair appoint a committee of seven
io frame a plan ot organization. Judge Orr
appointed on the committee W. J. Whipper,
B. F. Whitemore, C. C. Bswcn, W. E. Earle,
S. Corley, B. Byas and S. Gaillard. A recess
was then taken until eight P. M.
The Bolter.', at their night session, adopted
the platform already published In THE NEWS,
adding a plank that every legitimate encour?
agement should be extended to those develop?
ing the natural resources of the State, and
that the Interest of the laborer concur with
that ol capital in demanding an earnest effort
to develop the new and varied Industries
within our borders as a means of Improving
the condition and Increasing the wages of the
bone and sinew of the Stale. The convention
also adopted an address to the Republican
party c f the State, setting forth the reason of
this movement, and reviewing the course of
the present Stale Administration. The com?
mittee on organlzitlon recommended that ihe
State executive committee be elected by the
convention, with headquarters at Columbia,
and that a chairman be elected for each dis?
trict and each county. The executive com
millee was then elected, as follows: C. C.
Bowen,chairman; W. B. Jervey, D. T. Coibln,
S. Lee, members from the Stale at large; B. F.
Whitemore, member from the Flre-t Con?
gressional District; W. J. Whipper, second;
J. L. Orr, third; S. T. folnler, fourth; James
Brennan, of Charleston, secretary and treasu
rer. The county chairmen are as follow?
Charleston County, W.H. Thompson; Beau
lort._W. C. Morrison ; Oranggburg, W. N. Mount ;
Greenville, Tnomaa .Bryan; Aiken, Frank Ar
nim; Lexington, John J. Deni; Marion, E
Pryor; O^onee, Alex. Bryce; Pickens, A. M
Folger; Union, John Willlame; Spartanburg,
Tarant Bryan; York, Ben. Briggs; Darlington,
J. S. Flllebrown; Newberry, Mat. Grey; Ches
terfleld, Thos. S. Cavanagh; Sumter, Sam Lee;
Clarendon, Wm. Dixon.
A resoluiion was adopted that the nominees
for Presidential electors of the Statehouse Con
vention be declared the nominees ot this body.
This excited some discussion on the ground
that it was postiole that, a'lcr endors
Inc these electors, they might sell out
and leave the State at the mercy of the Demo
crats. Judge Orr shared this distrust, but
believed thal the Statehouse electors would
not dare to go back on Grant. The danger
might be mel If need be by calling a new con
veotion. He declared that no two men were
more lu earnest in desiring the success of this
movement than Grant and Wil-on. If this
movement Jailed to secure the integrity of the
Republican party In national politics, lt would
wholly fall lu lt1? purpose. Orr then an
nounced that the busluess of Ute convention
was closed, and a delegate moved three cheers
for Grant and Wilson. Orr said It was not
necessary to put that question, and led off
nlmselt with a huge howl for the Philadelphia
candidates. The convention then adjourned '1
H. W. Purvis, the colored nominee of the
regular convention for adjutant-general, and
Major Sam. Dickerson, ot Charleston, bad a | )
lively altercation In the Statehouse to-day
Dickerson, with bloody threats, drew a pistol
on Purvis, but was collared by the bystanders
and nobody was hurt.
The Rival Tickets, <
as now completed, are as follows: I
Officers. Regulars Bolters. 1
Governor.F- J. M- sen. Jr.R. Tomllnnon. 1
r/tuovornor... K. H. Gltaves, c.. J. N Havne, c. 1
Treasarer.F. L.cardozo,c.,E. F. Gary. 1
Sec'y of Sr.Mte..H. E. Hayne, c....M. B. Allen, c.
Att'y-General.. a. M. Melton.J. T. Ure no.
Oomp'r-Ocn'l .i*. L. Uoge.j. ?.Murray.
A<lJ>i-General...H. W. Purvis, c....P. Ezekiel, c.
Sup't Kdncai'u.J. K. Jllluou.B.UKobcrts.c. .,
uongrets.i. H. Gain, c.j. Quash, e.
Many or the delegates have lelt Columbia by 11
this evening's trains, and the rest will proba
b'.y leave to-morrow morning. F. W. D.
WEATHER AND CROP ItEPORTS BT\
[From the Financial Chronica, August 24 ]
There is increased complaint In eur tele
grams to-night of the prevalence of rust and
the shedding of bolls, while the report or the | ]
presence and Injury done by ihe army worm
in Alabama are more emphatic. On the other
hand they have had rain In Texas which, if it
has been extensive enough, may help to im?
prove the prospects In that Staie, wnlcii hui
begun to be les? favorable on account of the
drought. Our Galveston correspondent states
ttiul it has rained for iwo days there; picking
ls progressing finely, and ihe planters are mar?
keting their cotton freely. Our telegram from
New Oi leans to-night says ihat this week it
has rained more than hall the week-showers
and heavy rain storms. At Mobile it has rain?
ed oue day. Crop accounts are said to be 11
less favorable, as UM army worm ls reported ?
to he everywhere and doing much damage. I
To the same effect is our dispatch from Mont- '
gomery. It. stites that the worms have already
done "real Injury. Our Macon correspondent
=avs It has ramed there oue day this week.
Cotton is opening rapidly. The receipts of .
new cotton up to lb-night were thirteen bales, <
atrainst five bales last year. It. has also rained i
one day at Columbus. Much rust ls reported <
on the gray lands. There has been no rain <
at Augusta; the crop Is promising; new cotton i
comes In HIOWIV. At Savannah lr, has rained
three davs; crop reports less favorable. They
have had some showers at Charleston; the i
complaints ot rust are becoming more exten- I
?ive. At Memphis the plant is Baid to be i
shedding, and the reports less favorable. i
THE CHICAGO SMASH.
BLACK TUESDAY-COLLAPSE OF 3
G HEAT WUK A T CORNER.
Fearful Panic Among the Grain AI?
Fxanttc Scenes on 'Change-Coma
sion Merchants Losing Alor? Than
the Great Fire, ?tc, die.
The wheat market of Chicago has been I
?tate of excitement almost ever since the :
Early In the year lt was rumored among c
merdai men that the wheat crop of Eut
must be very short, and that the crop of
United States would also be much below
average. In the fore part of May two or li
prominent operators conceived the idea
straining the market for June deilvr
They were Joined by George F. Hi
lng, ol the firm ol Harding & McC
the well known lawyers ol that c
and succeeded In running through
corner, popularly known as "Hardli
corner," which collapsed about the sa
time In the month as the present corner, i
was generally supposed to have netted
loss to Mr. Harding of nearly five bund
thousand bushels. It was no nearer a succ
than this one. The market subsided 1
quietness for some little time, and was lt
taken hold of by the combination that eng
eered the making of tho bubble which bu
last Tuesday. They operated through u nu
ber of brokers, not less than a dozen of whi
were employed al different times, and lt
Bald that none of them knew the business
the other. Hence the combination were al
lo buy in a large amount of opil?os befi
their project was suspected. It ls probal
that they purchased morej than 3,000,C
bushels of "shorts" on the option caiied "<?
lers August;" but nobody expected lb
though lt was suspected that they were abc
to corner Hie market. The Chicago Trlou
Di Wednesday says:
The buming ol the Iowa elevator show
that HughManer, a member of ihe ring, hi
shipped out some 216,000 bushels ol corn lb
did not belong to him, but was simply t toi
lu his house by other parllee, and used t
money realized for that corn to deposit
margins on his wheat contracts. The h.qui
was at once instituted. "Was me same tnit
being done by other elevators; and if HO, wh
security did the holders ol grain paper, pop
larly cal eJ 'grain receipt?,' have tor th?
money cr tor thc delivery ofgraiu when tbi
snould call for lt from the warehousemen
Hence arose a widespread want of cou tide nc
Parties who were short bolbin Hie eilyar
country called upon tho combination for mrj
deposits ot money as murgina io secure ii
fulfilment ot their contracts. Ic ta uode
ato JU ibata gentlemen irom Des Moines, It
furnished Hie list straw wliicb broke tl
camel's back. He called i*r large deposita 1
money ou Monday, which the comolnaiic
were nimble IO procure, and hence the mu
kel went down. The; were un u?e lo ste
the tide, Ihougn they strove hard to do so.
The market weakened on Saturday. Tl
genera! crowd of operators knew nothing i
the circumstance lhat the comptroller ol tl
currency had notified the banka ol this cl
thai they must adhere to the terms of tho la
under which they were chartered; that tin
should not loan any more than 10 percent, <
their capital to uny one man or nrtn. Bul tt
banks had non tied the combination or th
tact, and the knowledge that they could ut
raise money on collateral as before tenden
them powerless to operate. Tuey were um
ble to buy up all Hie grain that was offered I
th? market on Saturday, and the price fe
several cents in consequence. Toe marin
vrcaKuned uUu on Munday for tim san
reason, the receipts of grain being very Hoi
ral, wmie tue clique were only able to bu
sparingly. It was uot Ult live o'clocK, hov
ever, that the great break occurred. At ti
"call" on Mouday afternoon, wh en last?
from about half-past titree to hait-pa9tfot
o'clock, wheat was rather leverlsh, but ex ti j t
lied Utile change in price. Alter the call wt
over, when the crowd had gathered on lt
sidewalk in Iront ot Ceutral Block, at aboi
five o'clock,- one or two parlies tried t
sell grain, and found that nobudy wante
to buy ; there was no one there thc
represented the coinolnailon. Then arose th
suspicion thai, the clique was powerless, andi
wuB whispered around by a lew ol thu know
lng ones that no mn lier aid could be exuecie
from the banks. Confusion worse coufounc
ed followed. There were one hundred seller
to one buyer, and amid the most h?lense en
cte ait-nt the price of wheat tell raoldl
through a runge of about twenty-three Cent
In three-quarters of an hour, making a tola
decline ot thirty cents for Ihe day. tittil th
time was one of the most Intenso knowuoth
Ingism. No one seemed to be aware of tlx
condition ot the market or of t he consequences
hut In the evening there was much figuring ii|
3t accounts and preparation for a can of mar
[jins the next morning, which establisher
another break. Yesterday morulng Hie mar
ker. opened lower than al the close of the pre
ceding ?vening, but became firmer, and ud
rauced some four cents within a lew minutes,
the transactions being confined, however, lc
jutslde operators. Then came the call fd
margins, und as one after another, upon whom
these calls were served, failed to respond,
there was another season ol panic, during
which every person seemed to mistrust his
FRANTIC SCENES ON 'CHANGE.
The scene was one which Is not likely to be
repeated again In Chicago lor mauy year*,
in ihe Intensity of tne excitement produced
sy the meeting of geutleineu lu no humor to
trust one another, but rather prepared io
ioubt the inspired record itself, the most ex
raordtnury gesticulations were indulged in.
lacksonviile, in the event ot the destruction
A the insane asylum, would have presented a
iceno of not more than ordinary excrement
is compared with that produced by the expio
ilon ol Mr. Lyon's torpedo. Young men, int
enlng ou tne remote prospect ol operating
arg*iy In Hie future, aud thus consoling mern?
ie.ves for their present very suoordtuaie post?
ions, were running In every conceivable
ilreciloo, bealing mysterious slips of paper
lupposed to signify some obligations. They
louttit checks, produced grain receipts, nsked
li lett ?ons heartlessly, ami received nervous
replies; communicated mysteriously with their
respective employers, wno were apparently
irlveu lo occasional frenzy by ihe hews Im?
parted. Men with the last drop of perspir?
ion oczitig from their loreheada tan excitedly
from one to another ot the members ol the
illustrious board, as though the mercury was
not above a hundred degrees In that uncom?
fortable hail. Indifferent to heat, and only
jonsclous ot some incomprehensible catastro?
phe, these amiable gentlemen spent the lore
uoon most unpleasantly. They christened the
my of dtsasier "Black Tuesday," and quoted
the lamons B ack Friday of Messrs. Flatt and
Coroin. The excitement in the Gold-Room
:oulrt scarcely have beeu greater. The panic
9Xtent)ed to corn lu a minor degree, os Hie
:ombiualion was know to be largely interest td
In cora. Soon Johu B. Iv. on DULI tied a notnuer
sf pariies who had gralu to deliver lu him thal
they raust?"proteci themselves," meaning ihm
it tney could not "linld" the grain they snonld
sell il out io somebody else. Tuts caused im?
mense quantities ol grain io be thrown upon
Ltie market, und resulted in a decllue of Ai?
leen cents from the highest figures touched
luring ihe morning. After this the market
relupsed into a semi-comatose condition, with
iuie doing for nearly au hour. Then it be?
came somewhat ii rm er. ?is lt was found lhat
.he offerings were ueur;y all exhausted, and
:losed with little apparent excitement, lt
nay be mentioned here iltal one or two ope?
rator*, wini are among our moneyed men,
nought a great portiou of ihe grain ouered
resterday, evidently believing that ihey had a
jood thin?, ?nd there is little doubt'thai a
.onion ol the immense decline stistaiued in
:onsequence of the excflement will be recov?
ered from when the market assumes its nor?
There are some twelve firms outside those
llrectly engaged in the corner who are known
to have been badly Miaken. Something like
twelve or fifteen others have lost severeiv by
the transaction, but will, In all probability, be
ible to continue their business without more
serious trouble than tbat of borrowing money
(rom tbelr friends. It is doubtless true, bow
ever, that the commission men, as a class,
have euflVred more from this corner than they
did hy the great Ure, as their busin er s losses
on that occasion chiefly consist ed of loss of
office furniture and the books In which their I
accounts were kept.
THE GENERAL EFFECT
o? the collapse will be this : The country Is
lull of wheat that has been prepared for mar?
ket and cannot be sent 'forward. For the
next two or three dajs the wheat airead;
loaded on cars will be coming In, and tbere
will be no buyers, and ?be poor fellows In the
country who bave bought Inls wheat from the
(armers will lose most heavily. Shipments
urevSry 8eldom made direct by the lat mer.
He brings bis grain to the country station by
the wagon load ata time, and it Is bought by a
man whose business lt is to bny up until he
can obtain enough, not for one car load, but
tor half a dozen or a train. This operator gen?
erally protects himself by selling ahead, a-'ree
lng to deliver so much during a month, and
contracting with the farmer to lurolsh him so
much grain. A great deal of the gram that is
now being forwarded to market belongs
to thea? men, who have solcl It at a
high price in advance, and paid the farmer*
for lt a correspondtnglv high price. Hence
their losses will be heavy. Many of the
country operator* may be compelled to retire
gracefully from business. As a class, they are
even as essential to the farmer In helping him
to market with his grain as the commission
men In this city. They are more so In the
winter, when these commission meu take
large orders to send car-loads of gram direct?
ly East without Hs touching a Chicago eleva- j
.or at all. and large portions passing around
Chicago bv the various cut-offs without even
entering the limits of the eily. Many of the
commercial men In this elly will be affected as
badly as the country operators referred to.
They bave sold this grain for the parties In
the country, and will be expected to stand be?
tween their prlocioais and the parties for
whom they sold. In many cases their trans?
actions are covered by deposits of margins,
but this Is far from betng'unlvereally the case,
and even where margins have been deposited
lt is very seldom that enough money ls posted
to cover such a big drop as haa occurred
during yesterday and the previous day.
NEWS FROM THE OLD WORLD.
The Belfast Troubles Ended.
LONDON-, August 26.
The reinforcements which had started for
Belfast have been recalled, as the trouble
there is over.
The Spanish Radicals Defeated*
MADRID, August 26.
Additional returns from the provinces of
elections for mem hers of the Cortes have been
received. They show that two-thirds of the
successful candidates are members of the
Government party. The Radicals supported
The Geneva Arbitrators.
GFNEVA, August 26.
The court o? arbitrators reassembled nt
halt-past twelve this afternoon and adjourned,
after a three hourb' session, to meet again
Thursday noon. As usual, the avelon was
held with closed doors. Only the live m birra
Iflfl wpre present. The absence or the Eng?
lish and American counsel and agents indi?
cates that the consideration or the general
question has been concluded, and that the
Anal work of the board has been reached.
POLITICAL NOTES BY TELEGRAPH.
Where Charles O'Conor Stands.
NEW TOBE, August 26.
The Herald of this morning says: "It ls re?
ported on good authority ihat Mr. Charles
O'Conor has addressed a letter to the Louis?
ville Convention of straight-out Democrats,
prohibiting the use of hts name bv them for
Hie Presidency or any other office." Mr.
O'Conor says that '-the tee simple of the
world" would not Induce bim to accept the
The Sun sara: "Charles O'Conor. In an In?
terview with Jxmrfl-ttcKeuoa, who asked
him lt he would become the Democratic and
Liberal candidate for Governor of New York,
replied that he did not seek the nomination
but would accept It nominated."
The West Virginia Election.
WHEELING, August 26.
Thirty-three counties give Jacobs a majority
of six thousand. The result upon the consoli?
dation ls doubtful.
THE PLAQUE IN THE EAST.
BOMBIT, August 27, via LONDON. 26.
Asiatic cholera has appeured lu the Valley
ot C.si?mere, and ls reported io be raging
with great violence.
THE WEATHER THIS DAY.
WASHINGTON. August 26.
Clear weather generally continues on Tues?
day over the So?inern States east of the Mis?
SPARKS FROM THE WIRES.
-There were eight deaths in St. Louis yes?
terday from the heat, which was unabated.
-Four cases of sunstroke occurred at Mem?
phis, Tenn., yesterday.
-Mary Desales, mother superior at Xavier
Convent, Bangor, Malue, ls dead.
-Seven smuli fires occurred In St. Louis
yesterday. Four nremen were prostrated by
the heat. Thermometer 98 io 100.
- Balph Ingersoll, a lawyer, and lormer
minister to Russia under President Polk, died
at New Haven, Conn., yesterday, aged eighty
-At Fort Wayne, yesterday, a horse at?
tached to a buggy was siruek by a thunderbolt
aud knocked loto a canal J rom the tow-path.
Two occupants ot the buggy were drowned.
-Alderman McMaiieu. ot Philadelphia, who
holds the stakes for the Mace-O'Baldwln prize
flght, refuses to give them up until the brui?
sers have had their set-to.
-A Are occurred yesterday morning, In the
bonded warehouse of Charles Zusr, No. 8
Washington street, New York. The loss,
which falla principally upen Importers ol'
liquors, will aggregate a quarter million dol?
lars. The origin of the fire was accidental.
THE COURSE OF THE STAPLE.
The Kew Yorls Cotton Market.
[ rom itu Financial Chronicle.]
NEW YORK, August 23.
The market the past week nas been vari?
able. Tue last few days lt has shown coosld
erabie firmness, and prices have. In fact, ad?
vanced ic as compared with last Friday,
low mlduilng uplands closing to-night at 21c.
on t h? spot aud 20 6 16 io 18| for tsvptemoer
to Decemoer. Dui lng the nrst bait of the
week, however, the market ruled very duU.
the sales of cotton on the spot the three days
ending Tuesday night aggregatlog only 3C28
balee, mainly for consumption, und 16,200
bales for niture delivery. But on Wednesday,
with stronger accounts from Liverpool, there
was a lair degree ot activity for export, and
priced advanced ?c., the demand lor tullin
delivery still continuing smai), and prices
were wit lout general advance.
On Thursday thu market tor spot cotton
was again better, middling uplands closing
ut z2c, with a large business for export and
.couautnption; but for future deliveries tbere
was less buoyancy-while cotton on the spot
had advanced i<? since Tuesday, '.he Improve?
ment In contracts was not more than 1-16 io
ic. Tc-day the buoyancy was checked, Influ?
enced, in part, probably by the lallnre at Lon?
don. There was less demand, and at the
close was Irregular-Arm tor spots, but some
decline in contracts, and less activity gene?
rally. The prices for lut ares last reported
were (basis middling:! 20 5 16c for Septem?
ber, 1!) 15 16 for Ooiooer, 18 13-16 for Novem?
ber, 183 fur Decembur, and 18$ for January.
Tue total sales of this description for the
week ure 40 000 bales. For immediate delive
rv, the total salen toot up this week 11,688
bales, lacluding 4122 lor export, 7220 for con?
sumption, 110 foe epec-ilatlon, and 100 in irau
-Dr. Wm. Cloud, of Beckhamvllle, Chester
County, died on W?*doesday last. He was
quite advanced In yeiys, being eighty-six at
the lime of his death,
ALADDIN IN CALIFORNIA/
TRANSMUTING BASE METALS .INTO
A. Chemtst'a Wonderful Dlaco-rery- Hair
a Million of Dollar* Han a fae ta red tn
TWO Month?-The Coin Pronounced
the Purest Gold Ever Pat la a- Cru?
[From tue San Francisco Chronicle, August li.]1
The following story as reported to UR has
much of romance lu lt, but the fuiure may
demonstrate Its truth, revolutionizex com?
merce, and make the possessors of the marvel?
lous talisman the veritable Midas cf the nine?
teenth century. It ls oo less than the dis?
covery of a chemical process, which, when ap?
plied to base metals, transmutes them Into
gold-pure, shining, veritable gold. The ru?
mor of the diamond dlscSVeiiea la Arizona
have somewhat precipitated the disclosure of
the facts we are asout to relate, and though '
ac the riek of breaking faith with our Infor- .
mont, we consider his statement too lmpor-.
tant io be withheld from tne pu oil c. "
TBE MODERN' HI DA 3.
Some three m muiBagoapiain looking man,
of American binn, presented M rasen at one of '
our leading banks an J BO Ucl led an interview
with -the managt-r. Tne banker was very much
occupied wlm his caw, overburdened with
offers ot paper tor discount, and harassed with
the prove?* of losses on loans for which he .
held collateral in the shape of mining stocks,
seemly descending on his bunda. He surveyed
his supposed customer, and almo-i bet?re the
tirsi words of salutation bad lallen lrom the
newcomer's lips, he said:
"No, slr; cau't do lu Very sorry, bnt have
gone beyond our limit to accommodate bur '
own customers. Doing nothing on the outside
to-day, at any rates."
The stranger made no reply, bat depositad a
leathern valise on '.ho banker's desk, opened ?
and took lrom lt a mass of dingy metal, look?
ing half like copper and half like brass, and
banded it to him. The man o? money examin?
ed it curiously, and returned it, saying he waa
no Judge of mineral'substances, and bad no
time to study this particular specimen. -
A CONFIDENTIAL PERSON'S JUDGMENT.
The ?tranger asked Moi.lt ho would know
gold If he saw lt ; and, lt not, would he be kind
enough to send for some confidential person,
on who?e Judgment he could rely, to aai-ay end
determine the quality and value of his lump
ot metal. The proposition waa reluctantly
acceued to. One ot our most prominent as?
sayers was summoned, and arter rjumlning
th?* substance and inquiring, with vislole ex?
citement where lt came lrom, and receiving
no ratistaction, departed, taking lt with him;
promising to report on lt the next day but one
at noon. Punctually at Ihe appointed Hoe)
the three men met at the baok. The assayer
produced the metal, which boo been run into,
the form ot a bar, and had ali the appearance)
of the ordinary gold tngot ot commerce. '
"That looks like gold," said the banker. .
"It ts ?told," sala the assayer, "nearly a
thousand floe-the purest I have ever put In "
ANOTHER SEARCHING TEST.
The ttl anger said nothing., The others
plied him with questions concerning tba
source from wblcu lt came. Ile civilly,' but
firmly declined to furnish any information,
leqiieailng them, as a further test of Its genu- '
i ueness, to send lt to the mini la this cliy for
coinage. To this they assented, aud ihe bar
was sent, with other bars, to the mint It was
there again submitted to the tests usual la
such cas. s, and the next day Ile value was re?
turned In doub'.e eagles-something mor?
than eight thousand dollars-which was
placed to the credit of the now decidedly in?
teresting stranger. Fer nearly a week no?
thing was seen of bim or beard of bim. The
banker was In a fever of excitement. He
could think of nothing bur. ibe owner of-tne
gold. He ran over all the mining news of the
public press for some record of a strike In tba
gold producing districts; and, lt the "truth
must oe toid, ne wished tor some Intelligence
of an audacious robbery ol the treacu re-box
ot an up-country Blaire, or of the rifling.O?
some UauK -r r in ij ffl i lu II II 1 Iiii inn Sosa
friend should play u prominent part. - -
A. SECOND INSTALMENT.
So well satisfied was. e ot the correctness
! Ot this latter conjecture that he was on tba
point of advertising the possession by him,
under peculiar circumstances, of a large
quantity of refined gold, when the depositor ?
appeared bringing with him a much , larger
piece of the same metal as formerly, which,
wlih some ceremony and dignity, he submit
ted for Inspection. This was done, and then
tbe stranger Inquired If the banker was en
: Urely satisfied ot he genuineness.
"Perfectly, perfectly," was the answer. "It
Is gold. Where did you get lt?" _
"I MADE IT XT8ELF."
It ls no wonder that the amazing disclosure
almost unmanned the listener. Toe stranger
"I made ic myself;-' and after a pause ha
added: "I can make lt by tbe ton, lean
freight a ship with lt within a month irom the
time I have enlarged my present laboratory,
as I am now about io do."
The banker piled him with questions as to
its locality, and with prayers to- be permit ted
io vlrit the scene of his marvellous labor ?, bot
to no purpose. He then held up beiore the
discoverer the power which ihey would wield
in the community, the vast possessions which
they might acquire, and the certainty of mak?
ing together a fame unequalled since the
world began. He represented io him the im?
possibility of concealment, except with the
aid of one situated like hlmsefl, who could
turn this new accession into the DOW steady
money tides of commercial exchanges and
swell without destroying them. Ile ai templed
to show him the danger to himself from the
chagrin of those whose values he might Im?
pair or destroy, and the need of caution in
utilizing for himself his terrible secret.
THE BECKET NOT DISCLOSED.
His hearer sat with I ra per tu i bable connie
nance until the close ot the banker's harangue,
and then replied:
"I will make you the depo? I tory of my gold. .
Yo o-TE ay control Its Issue, and we will togeih
er share the power lt brings. But myprocesa
roust remain forever In my own beait. I shall
never reveal lr. I wni bi lug you in a verj f w
nays more than you hare nos? in your vaults.
My laboratory ls near the New Paik. tn *
building which would at.root no attention,
save fr un its dilapidated appearance. I was
at work tbere during the most of ihe past
winter, and . have by degrees succeeded In
making myself quite comfortable without at?
tracting attention. I have several wai s of
access to lt, and never use the same way twice
In succession. I admit I have experienced
some fear of discovery and attack, but my
guards are my dogs, and they are lalthtul and
silent. Theiels now more danger than ever
in the Increasing volume of my product,
which will need other means of transporting
raw material aud bringing lt back in tbe shape
of gold than this old valise and my hands."
THU CHEMIST'S LABORATORY.
He then turned to a convenleut table and
wrote a few linen, which he sealed In an en?
velope and handed lo the banker.
"Tnere ls the direction to my retreat. I
shall return In a week with more gold, and If
I fail to comen ou may know some evil nae be?
fallen me. Then come io me."
The banker promised fall biol observance of
the injunction, and with many protesiatlom
of mu ua fidelity snd good will they parted.
The paper has never been opened aud ihe
manufacturer of gold bas steadily and puno?
lually reaipeared, bringing his weekly enor?
mous additions to the ouliiun ol the bank. It
Is said that more than hail a million have been
manufactured wu hin the past two months and
deposited In the bank.
THE MANUFACTURED COIN li 0IRC0XATION. '
Some of lt has been converted toto coin and
put In circulation. Many of our readers *bo
believe they are handling the products ot our
gold mines, now dally receive and pay out this
subsiaoce, created from base meials by one ot
our most unobtrusive citizen*. Some of?1 aaa
been run Into ihe customary WH?? nardana,
stamped with the brand and records or ont
most ?mous refinery, and has been?^PP*d
abroad, as the basis of excange tor ^???"8
insiitiitlon ona colossal scale, to be estub
ishedon the Comparatively ?all beginning
? one ot our noted banks,, and t ie effort ?iii
be made to make .-au Francisco the centre of
all commercial exchanges and the grew.de>
D08itory ol the products or the world. .>Th?
scheme ls va?!, propoiHoned to the- power
which two men hold In their grasp;' lils
frightful to reflect what maybe the result ot
their ambition, If lt should pass beyond lia
present reasonable limits.