Newspaper Page Text
COLUMBIA, S. C.
Frilay Morning, Apri)/?3. 18?9.
Paper Monty ??. l'rccioua metala.
If a paper oircnlatioD be not nominally
redeemable in gold and silver, then as soon
as it depreciates below the value of gold and
silver, as it always sooner or later does, it
drives the metals completely out of circula- '
lion, and keeps them-ont just as long ns it
circulates, or until tho quantity of suoh pa?
per is so reduced and its character so im?
proved that it risc? again toa par value with
the metals, in which case, although there is
no instance of its occurrence, the metals
would come back into the currency with thc
paper. Paper money walks by faith, and
not by sight It is the sign, and not tho
thing .cigni?ed. It is the representative of
something, and not tho something itself.
It is a mero promise to pay something.
Since, then, the various forms of paper
-money .io mere promises to pay on de
. mand, they are nothing but credit money,
.nd it is a grave question whether the func?
tions of money can bo well performed by
the evidences of un obligation to pay for
aor.vices already received. Such evidences
frequently have value, and their value is
sometimes equal, and sometimes superior,
to an equivalent sum in gold; but the quos
?ion is, whether in their nature they can
constitute good m'oriey. The functions of
money ? are two-to serve as a medium of
exchange?, and as a medium of value. To
fulfill thovfirst office well, money should bo
-.a.commodity at .all, times acceptable to all ,
~men in return for sorvices rendered'-to per?
forai the other function fully, money should
T>e aa uniform" as possible in quality, and
vary in quantity according to tho shifting <
demands of exohaugo, and not otherwise; 1
in short, vary in quantity, just as good me- .
tallie ourrency does vary under natural laws
alone. But paper money is unfitted to do
well these two things; first, because it never ;
has been, and in the nature of things never
can be, acceptable to all men, nt all times,
. in exchange for services, even within the i
. country itself, and in international exchange 1
. not acceptable at all; and second, because a
steady measure of value necessitates a steady
value of tho money, and the value of ero- 1
.dit must certainly be as variable as the '.
character of tho issuers for integrity and
solvency. These fundamental principles
seem to bo ignored by the men in power,
who regard a paper currency .as equally
.good, if not preferable to specie, and
.hence arise the various and oomical blun
-ders that are continually being perpetrated
in Congress. If there had been the least
familiarity with the primary principles of
political economy, the country would not
now be suffering from the follies of inex?
cusable iguoranco and financial charlatan?
GIFT OV HIE GAB.-Sir Robert Peel, on
moro than ouo occasion, invited Mr. Ste?
phenson to Drayton. He refused at first,
from indisposition to "mix in fine compa?
ny," but ultimately went. On ono occa?
sion, an animated discussion took place be?
tween himself and Dr. Buckland, on one of
'his favorite theories as to the formation of ?
<coal. But the result was that Dr. Buckland,
a much greater master of tongue fence than
Stephenson, completely silenced him. Next
morning, before breakfast, when he was
walking in tho grounds, deeply pondering,
Sir William Follet carno up and asked him
what ho was thinking about.
"Why. Sir William, I am thinking over
that argument I had with Buckland last
night. I know I am right, and that if I
had only tho command of words which ho
han, I'd have beaten him."
"Lot me know ull about it," said Sir
William, "aud I'll seo what I can do for
The two sat down iu an arbor, when the
astute lawyer made himself thoroughly ac?
quainted with the points of the case, enter?
ing into it with all the zeal of an advocate
.about to plead the dearest interests of his
?lient. After he bad mastered the subject,
Sir William rose up, robbing his hands with
glee. "Now I am ready for him."
Sir Robert Peel was made acquainted
with their plot, and adroitly introduced the
subject of the controversy after dinner.
The result was that in tbe argument that
followed tho man of science was overcome
by tho man of law, and Sir William Follett
had at all points the mastery over Dr.
"What do you say, Mr. Stephenson?"
asked Sir Robert, laughingly.
"Why," said he, "I will* only say this,
that of all powors above and under tho
earth, there seems to be no power so great
as the gift of gab."
ROOBRS AND THOMPSON.-John tells a
story of Thompson and Rogers, two married
men, who, wandering homo late one night,
stopped ut what Thompson supposed was
his residence, but which his companion in?
sisted was his own house. Thompson rang
the bell lustily, when a window was opened,
and a lady inquired what was wanted?
"Madame," inquired Mr. T., "isn't this Mr.
"No," replied the lady; "this is tho resi?
dence of Mr. Hogers."
"Well," exclaimed Mr Thompson, "Mrs.
T-T-Thompson-beg your pardon-Mrs.
Hogers, won't you just step down to th
door, uud pick out Rogers, for Thompson
nauts to go home."
If o. 3.~Tii o Count y anet Town of Newberry.
To inn FARMKRB AKD FiaAJKTKBS: The past
baa been so memorable that no one who has
lived through it will ever forget it. True,
you are, not ritow as yon' were once; never?
theless, beyond all other interests, yours ia
this section since the wal has been exceed?
ingly prosperous. Your prices huve been
very remunerative; while your crops, in
proportion to the laborers, have been
abundant; and under tho stimulus of this
prosperity, say what you may, your pre
parutiou8 for the present crop are unusually
largo. In oue respect, to illustrate what wo
mean, the amount of fertilizers ordered fur
oxoeed any quantity ordered bofore, evcu iu
the brightest and palmiest days of slavery.
What this year may bring forth is in tho
womb of time. God knows, we do not. It
is left to you to do your duty, and trust in
Him. It is a cheering thought that this is
not a fatherless world. If left to yourselves,
well might you bo despondent. How often
has it been the case, in this world's history,
wheu confusion has reigned, whou socioty
has been broken up from its deep founda?
tions, when the wild, bad passions of men
were let loose without restraint, that on un?
erring hand, clearly visible in its results, as
by tho untangling of a skein, has caused
chaos to yield to order, conflicting olemetts
to harmonize, and frantic, passions to sub?
mit to tho requirements of a wholesome
law. The same wise Providence yet lives to
rule und ovcr-rulo tho affairs of meu for
their good and His own great glory. lu
this, if in uothing else, there is hope for
But while you place your trust in Provi?
dence, you must also learn tho lesson of tho
liour. Adversity has its own uses; it is sel?
lout uloue n direct and extraneous inflic?
tion; it is rarely wholly from without; it is
not often uncompounded; it springs from
both interior and exterior agencies. When
you can separate them, and of the adversity
which besets you you can say "this portion
is miue-I did it, and not another; then,
instead of whining over it and deploring
your unhappy fate, it in your part as meu
to lay hold of the offending cause, and if it
struggle or resist, to throttle, to strangle
and to destroy it.
Your peril is greater by far from within
thau without. If you have erred, err no
longer. Learn to plant what you need.
The interests at hazard aro the interests of
yourselves. Let the past learn yon expe?
rience. Yon labor under a mighty incubus.
You labor under u greater deficiency thau
the want of more gold-it is the want of
grain to make your bread. The County ol
Newberry has not to-day grain enougl
within its limits to feed its population until
the gathering of tho next crop.
This may bo partly owing to tho droutl
of last summer; but it is still moro owing tt
your defective system of agriculture, thc
education of earlier days. When will yoi
learn to bo wise? As an illustration, thou
sauds and tens of thousands of dollars
worth of provisions wero brought here las
year, and continues to bo brought up t<
the present. The deficiency, then, is tin
natural result of a bad system of agricul
tore. You are presenting now, as ha
always been the case, tho anomalous spec
tacle of a people having upwards of $1,200,
DOO worth of the earth's products for sal
yet requiring a hirgo proportion of the re
solis of sale to boy the common neccssarie
It has been the Southern planter's rule t
make all the cotton he could, and as mud
provisions ns was not inconsistent with th
very largest possible cotton crop. This wa
the rule laid down, and it has almost bc
come a law. This passed muster under th
old regime, but tho present position c
things must teach you better; that yon mm
make enough of bread and meat, and aftei
wards, if you please, as much cotton i
possible. You will then be independent i
prices. The fluctuations of the market wi
affect you very slightly. If drouth or dil
aster come, yon will still bo surrounded b
plenty. And beyond this, by this syston
instead of exhausting your capitol, tl
source of your wealth and subsistence, tl
soil, will bo adding hourly and daily to i
power of remunerating returns.
Wo entreat yon, farmers und planters,
you have not begun it, to turn over a no
leaf; abandon the extravagant notions of tl
past, ?co to it that every element of ii
created fertility is carefully husbande
Take caro that pastures, ample and nuti
tious, aro provided that, como what ma
from your cattle, swine and sheep, bo
meat and clothing shall bo afforded. >
largely increase tho breadth of your gra
crops that oven drouth will leavo a st
ficieucy for you and for your stook, ai
afterward, by skillful cultivation and bea
manuring, you will moro than cornpensn
for tho diminished urea of yonrcotton ero
receiving from a few acres that which pi
vionsly you had wrung reluctantly frc
many that were badly cultivated.
Tho ordeal through which you ha
passed, should have taught and will a
must teach you to husbaud your resource
to curtail your expenses; to practice ecot
my, where in former years you were pro
gal; to live within your means, and to tn
caro of the fruits of your labor.
You have only to devote your energies
tho work of industrial development, in
der to regain not only what has been lc
but to advance far beyond what you lu
With tho natural bounties which hi
been bestowed upon this country-its B<
its climate, its capabilities, you will yet
tain a prominence and prosperity far beyc
those hitherto possessed. LEAHOHU?
Ki-GoTcrnor Wilo-I?Ii Vlevr? on tho Wmr
and th? Abolition cf BlBTfry-TUc Patri?
RICHMOND, VA., March 81, 18G9.
Rev. James Mitchell.
DRAB SIE: IQ reply to yours of the 28th
instant, I can only say that I am perfectly
content to await tho "delny" simply which
was resolved on. It may be wise as to action,
but is dangerous aa to the work of prepara?
tion. Ot this, however, your authorities are
i tho proper judges.
As to the points in my first lotter touch?
ing tho effocts of the abolition of slavery on
the relations of the two branches of tho
Methodist Episcopal Chureh, I can but fay
that my convictions are strong, and if 1
clearly expressed them to yon, I hove no
sort of objection to their publication. My
letter's main subject-matter called forth in?
cidentally un expression on these points,
but not fully enough, perhaps, to be under?
stood in a clear light. What I said, exactly,
in that letter, I don't remember, butlkuow
what I meant to say, and should have said,
and have no hesitation in repeating now my
The long agitation of the question of
slavery, its history before the war, and the
war itself, convincud mo that au exodus from
African bondage waa obliged to bo by the
almighty hand of Providence. God knew
what poor finite minds North and South did
not foresee-that not liing short of fire and
sword, of war and its blood and violence,
could emancipate negro slaves on this con?
tinent, in a country governed, as the United
States, in tho form of constitutional repub?
lics bound together by a constitutional
union. Ry no steps iu normal times could
Congress ever have abolished slavery; aud
tho States would never have commenc?e]
emancipatiou by peaceful means, gradual ol
otherwise, for reasons which it would bc
irritating now to state. It is sufficient to
nay that too many in the South fought foi
nothing but the right of property in slaves:
und it is time that the North was inform?e
that by far tho most respectable portion ol
tho Southern people fought for somethinp
far more precious than tho legal privilege o:
being tho masters of slaves. They fought
tor fie more glorious privilege of self
government. They are willing to emanci
pate slaves iu their own time aud own wa}*
but were not willing to allow Congress t(
regulate their domestic government au?'
concerns for them either as to slavery ol
anything else. Thus, these were doubl?
restraints against emancipation which cou!?
not be removed in time to prevent eithe
iissolntion of tho Unioo or civil war. Tin
war was a national necessity, permitted b;
Divine Providence, to prevent (iu the end, .
iiope,) greater evils than the war itself.
Aud 1 mark this view of the case ns esson
tial to guido all good Christians and patri
ots in their endeavors now to ease a mos
glorious country, still suffering from th
iwful conflict, and in tho greatest daugor o
?osing civil liberty for all races iu the strug
?le to omancipate ono race. Tho view
bavo taken is a helioccnh-ic one. It strive
bo reach God's throne, and to look thenc
nit upou tho ways and the end. That H
ordered and directed and forced tho resul
af emancipation of slaves in Americn
knowing that there was no other way t
bring it about and at tho samo time save a
that is precious, I have not the least doubl
A.nd I feel that ho who resists, orin any ut
reasonable way obstructs, the legitima!
consequences of this special provident
"kicks against the pricks." This brings u
What should bo regarded us the l?gitimai
consequences? My uuswer is peace. Til
)ld strifes must cease and be hushed. Nux
sharity, toleiation, brotherly and patriot
kindness. It is not for me to upbraid yoi
ar you me, for the offences and injuries <
this war. Slavery was its cause, was oi
weakness if not our wickedness, and Gc
tias purged out its sin and satanic influent
by fire and blood. His fire and blood, f<
tho war was His if the sin was mino. Bi
iv oe unto those, on either side, who sin
cause the fires to burn and the blood to he
dtor the sin and causes of woes have be<
.mi nt to ashes. We must not keep the fir
gnited-the ashes must be allowed to coe
md then, as from battle-fields, thu gre?
iierbaga may be made to grow more lux
riant than ever; so good fruit may bo ma
;o spring even from tho cinders and ash
j-f this horrid war. No mau, or set of me
must dare to take any bolts of vengeance
their hands. God often used tho heath
co punish his own chosen people; but if th
lared to do eveu His will in a heathoni
ind unchristian way, Jehovah never fail
Lo make them, too, feel His wrath. Let t
North remember that, and that if tho v
was Providential, then we all were but rm
instruments of tho Divine Government, a
mould not attempt to play potty pro
loncos in tho place of God. If we do,
will curso ourselves and country-wo v
become petty tyrants. Guided by a catlin
spirit liko this, aud looking to God all I
time, in every act and plan, wo will prov
the whito man from being enslaved by I
causes which mudo tho black man free;
will prevent tho continuance of thc eau
which separated the Methodist Churcli
the precursors of tho attempted separat
A tho whole country; and we will cause
whole country to be stronger, and safer, i
Freer than it ever was or could be before.
1 have written enough, and you ara
como to weave these views into those of
first letter and priut them together.
I have examined your pamphlots, i
thank you for them.
Very truly and rospecti illy yonrs.
HENRY A. WIST
[Atlanta ((ra.) Christian Advocat
Thc actors in tho Odeon Theatre, Pu
have a three months' vacation in tho s
mer during whioh fieir salaries are co
nued precisely as whon in active scrv
Tho Odeon is naturally a very pop
theatre in tho profession.
DEBTS AN? ASSETS OF THE STATE.-Upon
iuquiry at tho Treasury, wo haye received
the following statement of tho funded debt
of the State, and interest thereon, together
wita the assets to this date:
Threo per cent. State stock-principal,
838,836.GO; interest, Si,456.37. Sis per?
cent, fire loan-principal, $314,453.89; in?
terest, ?23,584.04. Fivo per cent, bonds,
fire loan-principal, $184,414.51; interest,
$66,922.10. Six por cent, bonds and stocks
funded-principal, $1,282,971.27; interest,
$96,334.01. Six per cent, new State House
bonds-principal, $2,286,600.00; iuterest,
$171,595.00. Six per cent. Blue Ridge
Railroad bonds-principal, $1,000,000.00;
interest, $75,000.00. Six per cent, redeem?
ing notes of the Bank of the State-princi?
pal, $1,033,900.00. Total priucipol, $6,441
206.27; total interest, $434,791.52. Provi?
sion has been made to meet tho intorest up
to July 1, 1869.
Assets of the State cu 31st October, 180:$:
Shnres in North-Eastern Railroad Com?
pany, $120,000; shares in Spartanburg and
TJuiou Railroad Company, $250,000; shares
in Pcudletou Railroad Company, $42,500;
shares iu Greenville and Columbia Railroad
Company, $4,383,960; shares in Blue Ridge
Railroad Company, $1,310,000; shareoin Co?
lumbia and Augusta Railroad Company,
$42,200; sharos in Cheraw and Coalfields
Railroad Company, $200,000; shnres in
Laurens Railroad Company, $50,000; shorer
iu South Carolina Railroad Couipauy,
$24,000; shares in Charleston and Savannah
Railroad Company, 8270,000; shares in
Sontb-Westeru Railroad Bank, $6.000
shares in Keoweo and Tuckaseegeo Turn?
pike C >nipauy, $6,000. Total, $2,751,600.
TH? CHAWJOTTE ANO SOUTH CAROLINA
RAILROAD.-Our friends of tho Wiunsborc
News have such a pleasant way of compli
nieutiug thc officials of the wcll-munagei
Charlotte Road that, despite the pressure
r?n our columns, we cannot resist tho agree
ablo temptation of copying tho subjoinet
uotico and adding to it our hearty Amern
Says the News :
"A treat yet awaits those who have nevoi
visited Augusta by way of Gruniteville, S.
U. It has recently been our pleasure tc
io so, and we were delighted with every
thing connected with the neir short linc tc
the 'Old Empire,' and wo advise oui
[riond.s who have business in Augusta, oi
i small surplus of the needful uninvested,
to try the Columbia and Augusta Road
ind if the sights in the beautiful oity dc
not repay, then tho luxurious coaches, th?
polite Capts. Trezevant and Gormley, anc
the polished Captain Wolfe, the richlands,
the romantic scenery, the evidence of pro
?jress and dusiro for peace, will.
"By the way, we picked np the genia
ind energetic Superintendent, Mr. Calel
Bouknight, and had the pleasure of a fe.v
words in regard to tho great convenience
ind success of his new enterprise. He i
i thorough business man, and urbane to th
"Much credit is due to Col. Johnston
ind his ablo staff, for their great energy ii
the foco of obstacles which not unfre
fluently seemed, insurmountable."
THE COLUMBIA HOTEL.-It will gratif
>ur friends in the State generally, (but pat
?eularly tho up-country folks who have so
ourned with us in tho post two days i
ittendaneo upon tho stockholders' meetini
jf the Charlotte and South Carolina Rai
road Company,) to kuow that tho new bott
will positively be opened in time to accon
nodate delegates to the Agricultural Cor
?rention and to tho meeting of the stool
folders of the Greenville and Columb
Railroad Company. To accomplish th
rory dosirablo result, tho enterprising pr
priotors, Messrs. Badenhop Sc Gorma
liave unremittingly labored for tho pa
three weeks, and we have no doubt that tl
traveling public will show its appr?ciatif
af their public spirited work by sn univers
?lamor, next week, for admittance to tl
new and elegant establishment over whit
those gentlemen preside.
OUR JOB OFFICE.-The Phoenix Job Olli
?3 now propared to executo every manner
printing, from visitiug and business car
to pamphlets and books. With ample ra
terial and first-class workmen, satisfaction
guaranteed to all at New York prices,
our work docs not como up to contract, 1
make no charge. With this understands
Dur business men can have no excuse to se
their job work North, when it can bo do
MAIL ARRANGEMENTS.-Tho following t
tho hours for opening and closing mails:
During tho week from.. S}? A. M. to 6 P. !
On Sundays from.6 to 7 P. '.
CHARLESTON AND WESTERN MAILS.
Opens at... .5 P. M. Closes nt.. 8>$ P.
CHARLESTON NIQHT MAIL.
Opens at.A. M. Closes nt. A)i P.
Opens at.. 5 P. M. Closes at. P.
Opens at.. 2 P. M. Closes at. 12 V. P.
THB BANK OT TUTS STATH.-We learn that
Governor Scott has appointed William
Hastie, President, and William Gurney,
Reuben Tomlinaon ?.nd S. L. Be ?nett, Di?
rectors of the Bank of the State of Sooth
Carolina. Hastie aud Gurney aro well
known. Tomlinson is a Philadelphia man,
who came to South Carolina to eiucate the
freedmen. Ho is now a member of the
Legislature, and, we believe, State Auditor.
Bennett is a Charleston colored miu, nearly
white,.aud is ono of tho most respectable
of his class.
A lot of cards and bill head paper has
just been received at the Phoenix office
somet?:ing new and pretty. Also1 a lot of
-'auction cards"-which will be piinted at
extraordinarily low pri "s.
At a meeting vi tho Directors of the
Charlotte and South Carolina Railroad
Company, held on Wednesday evening,
William Johnston was unanimously elected
Tho Northern mail failed, yesterday, be?
yond all points North of Charlotte.
NEW ADVERTISEMENTS.-Special attention
is called to the following advertisements,
published for tho first time this morning:
Stall No. 5-Extra Fine Veal and Beef.
. Fisher & Heinitsh-Drugs, Chemicals, &c.
' I. Sulzbacher-Light for AU.
James Nonna-Cows For Sale.
Acts Passed by tho Legislature.
Jacob Levin-Auction Sale of Hay.
"MENS SANA IN SANO COUTORE."-To
havo a sound mind in a sound body is ac?
knowledged to be tho great end and aim of
life, in a secular point of view. The sound
mind is doubtless most desirable; but of
what avail is it without thc sound body.
Observo that youth or that maiden fair, of
high spirits and brilliant talents. We ad
mire the palo intellectual cast of features;
but disease has fastened upou the fair
frame, tho bloodless face grows thin, and
decay of mental and physical vigor soon
follows, to bo succeeded by death. Man
was made to labor, but there can be no long
sustained work without health. To make
tho emotions fresh and true, to mako
the mind active and vigorous, to make
the body strong and handsome, we must
have life's greatest blessing, health. To
oat well, to sleep well, to look well, to act
well, health is the one thing needful. It is
tho pearl of great price, more to be prized
than tho wealth of "Ormns, or of Ind."
Heinitsh's Queen's Delight is tho best blood
purifier, health restorer, yet discovered, and
ho would do well to act well and try it.
Miss Judith Russel, of Now Bedford,
writes: I have been afflicted with severe
prostrating cramps in my limbs, cold feet
and hands, and V. general disordered system.
Whilo visiting some friends in New York,
who were using PLANTATION BITTERS, they
prevailed upon me to try them. I com?
menced with a small wine glass full after
sach meal. Feeling better by degrees, in a
few days I was astonished to find the cold?
ness and cramps had entiroly left me, and I
could sleep tho night through, which I had
not done for years. I feel like another
being. My appetite and strength have also
greatly improved by the use of tho PIIANTA
MAGNOLIA WATER.-Superior to tho best
imported German Cologne, and sold at half
the price. A17 Jlf3
PHYSICIANS USU THEM IN THEIR PRACTICE.
ft is almost universally the case that Physi?
cians condemn what are generally known as
"Patent Medicines." Although DR. TUTT'S
LIVER PIM. IS NOT A PATENT MEDICINE, yet
its composition (tho result of years of study)
is known only to himself, and so palpable
are their valuable curativo properties, that
very many of the first Physicians in tho
South and West have adopted them in their
practice, and recommend them to their pa?
tients. A17 6
Extra Fine Veal.
SrffBHgtt THIS MORNING, ul ?stall No. 5, in
^.ffsffiff tho market, and an extra lino Stall
YT^JI fed BEEF, to-morrow morning, at
April 23 !. STALL N0. 5.
USjov SEVERAL FINE COWS Aro CALVES.
^Nfiffiff They may bo ?eon at Mr. John Erwin'.",
JT "Tr oorner Assembly and Medium streets.
April"? 1* _JAMBS HQKAN.
HsIOHT FOR r\ T IIJ.
Til E OLD FOLKS.
IN ADDITION to tho Fino Assortment
)f jEWBliRT, CLOCKS, f-c, which was
advertised a few days siuco.
J HAVE JUST OFENED tho largest and beat
ot of SPECTACLES, of overy kind, including the
I'oriscopic, Peribolar, and other LENSES, ever
presented to .ho public of Columbia.
Also, a few of the Meriden Company's KNIVES,
mnerior to tho VYostonholm.
pr f\ BARRELS Hocker's Solf-Raieing FLOUR,
fj) just roccived and for salo 1 jw, liv tho bar?
rel and at rotail, by J. & T. R. AONEW.