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COLUMBIA, S. C. Taetday Morning, Juno 7, 1875; As tboro sooms to bo a decided objec? tion to balf sheets, we have determined during the dull summer season to iss?e^ the Phosnix in a reduced size. Thero will be no decrcaso in the amount of reading matter, however. Our typo is small, but clear and distinct, and wo compress a large amount of matter into a small space; ? As soon as business im? proves, we shall resume the old size, which wo earnestly hopo will be before many months have rolled over. The Th?id Tekm.?Tho third term business produces a good deal of "cussin' and discussion." The more sodate poli- 1 tioians and all of the dignified gentlc i>ien with presidential aspirations, ore impressing upon the publio mind the solemnity of tho example Bet by Wash? ington and the fathers of the country, which President Grant has treated with I entire disrespect. The venerable Rover dy Johnson has given his views of the matter. He says thut "the idea of the President that the safety of tho country | may domandjthc re-election of a Presi? dent for a third term," is, in his opinion, "an idle conceit, having no other sup? port but the most egregious vanity. Ex- j actly. But Mr. Johnson goes further, and intimates that there is something sordid at the bottom of it. He says: "The President, indeed, so far as he is personally concerned, seems to regard it as a mere matter of dollars and cents; and it may perhaps bo legitimately In? ferred/ that if the salary which he now receives should be secured to him as h retiring pension, he would gladly leave tho office at tho end of his present term and return to 'that home 'where the ba? lance' bf Iris' days might be spent ill poao'e, and . tho enjoyment of domestic quiA?"] / , U'f >' And after all, this seems to be the real "Let-us hnve Peace." The Prince de Joinviile, who came to this country at the outbreak of the war with his nephews?young men who took service in the Northern army?wrote a letter to a friend from Willard's Hotel on the 5th of October, 1861, which 'hn!s J just been published in the Washington Sunday Herald. In it he says: / "The more l think about it the more I believe that the greatness and perhaps ' the very existenco of your country de? pends on the re-establishment of the1 Union. That can be done still, I firmly I believe, by tho ? legal Government of your country showing its power, but after that by all c las sc:: of the commu? nity showing the greatest consideration and the most delicate magnanimity. If the civil war is allowed to last, if yon | don't pave the way back into the Union for the men -of the South, then I will become very uneasy, because secession, if once successful, will beoome epidemic." Such aro the views of a Prinoe who has the reputation also of being a states? man. We regret to say that it is only tf late that tho philosophy of "delicate magnanimity," referred to, is beginning to effectually to assert itself. The hundredth anniversary of the bat? tle of Bunker's Hill, on June 17th, is to I receive due recognition. But two days earlier, there will occur the centennial anniversary of an event which had even more influence than Bunker Hill upon the war, yet whiqh has scareely received mo?ti'on. On the 15th of June, 1775, the Continental Congress, in session at Philadelphia, elected George Washing? ton "Oommander-in-Chief of all the forces raised, or to be raised, for the de? fence of the colonies." A little before it had voted to enlist an army of 20,000 men, of which the militia and minute men of New England were made the nu? cleus. The defensive movements which beforo then*were only local thus re? ceived a national endorsement, and the colonies were solidified into a combined resistance to Great Britain. The unpleasantness between Great | Britain and Burundi, which late de? spatches say is likely to end in war, is of ] very long standing. A quarter of a cen? tury ago England annexed a slice of the j King of Bnrmah's territory, and he has been evor since longing to get it back. There was a little strip of neutral ground left, in the partition, on which he has lately shown a disposition to oncroach, and when England orders him off, ho does not go. In fact, he is apparently spoiling for a fight, and he is quite capa? ble of giving J. B. a good deal of trouble, though tho chances aro that he will lose another slice of his possessions in tho end. . _.--.-??-? When you want to send her a lino by postal card, write with the following pre? paration: Ten grains of hypo-sulphite of soda in sixteen tea-spoons-ful of water. Then, you see, the post office clerks won't know who sho is; heat brings out tho writing. > ... Jv : ? ?? ' - ? Ex-Land Commissioned Leslie Heard Fbom.?Representative C. P. Leslie, of Barnwell, is "riled." Like General Bourn, ho erics out, "Bring me to the enemy." The following characteristic letter has been received from tho irre? pressible: %y Fair Haven, N. J.,. June 3, 1875. 'Editor or the Daily Phoenix, Colum? bia, S. C.: Just about the time I fairly got sot down hore in Jersey, trying to say my prayers and thanking God that things were no worse, hero camo an As? sociated Press despatch, saying I had absconded to avoid arrest, Ac, 3co., and that I defrauded the State out of the Lord only knows how much. Bail just $4-10,000, (why didn't he make it even?say one-half million?) Only think of it. I never knew I was so baa. I expected to soo further along in the despatch where a majority of the Advisory Hoard were already in custody, for yon know with? out they ordored tho purchase it was no So; they wore host?and yet, I defrauded :ie State. Now that's the man I have been looking for all these five years I have been out of office. Who is the man that should first throttle tho grent land commission swindle, and Leslie the great swindler? I say, who is the man? There is n trifling rascal down in Barnwell; he don't pay for tho whiskey ho drinks; rather of a theatrical gentle? man ; rather light waisted; perfectly dis giisted with me, and out of patience with all Radicals except himself. Can it bebe? Can it be? I think it can; for it rends just like he wrote it. I am B?rry for the State, because it is bad enough to beat and rob the dear old State out of about the last cent, and perhaps never recover it back, without being mado a fool of. Everything fails ho touches; if he advises you to go this wav, then the history of the last ten years of his life is, you should have gone tho other way, certain; if he tells you he is sure to do a certain thing, depond upon it, ho will fail. I think this be he that intends to throttle me. Well, here you will find ho is wrong, at the very moment when he thinks ho is right. . They have got the boil so high that I am afraid there is not men enough in the whole State to qualify. Who fixed that aro bail? I expect he, too. isnn earnest and zealous Republican. I would like to help elect a few more of the same sort? that is, I would like to go all lengths to do so, providing he is respectable. I suppose he was satisfied from the look of the papers that about $440,000 was about the right thing. Now, Mr. Editor, I can't think I took that much, for all we had was $500,000 in bonds, and then we had to buy a little land to keep for ap? pearance sake. That took some money, and you know it would be just a little unfair to say I got all that was left. Per? haps I might have come close on it, if it hadn't been-for the advisory gentlemen; and th'ou I am caught now, for they swear every one of them they got not one cent. I expect, after all, I got it. O what a bad man I am. Absconded? cleared out?run away. My dear Editor, I will face the music like a man, and I will clean out that whole concern?lock, stock and barrel. They must not lower the bail. Keep it up to high water mark. Everybody that ever was a Republican must bo arrested. That's the watch-word now; particularly if thev are in the way of some one else. This learns us another lesson ?stick n pin in there. When I am there, they are not happy. "When I am gone, they say I have ab? sconded. I am, respectfully, yours, at present. C. P. LESLIE. The Cuban Question in Europe.? There was a grim humor in the reply made by Lord Derby to the deputation of the Anti-Slavery Society which called on his lordship to urge that the British Government should intervene as media? tor in the Cuban struggle. He said the time was not opportune- a phrase his lordship may have familiarized himself with by reading the Washington utter? ances on the same question. It is rather curious that he bases his argument whollj' upon Spanish sensitiveness. Ho does not attempt to deny that in the in? terest of humanity, something ought to be done to stop the useless slaughter that has been going on for more than sir years in Cuba. Nor can ho give any hope that Spain will be able to crush the insurrection, until Carlism has been finally suppressed. Just now, this ap? pears a rather remote contingency. If the Cuban war is to go on until Carlism has been utterly crushed, then the Cuban insurrection has a long lease of life. It may be quite true, that this country has abandoned all intention of annexing Cuba, and, no doubt, British statesmen would ruther see that beautiful island reduced to the condition of St Domingo, than that it should belong to the Union. Still, humanity has some claim even on statesmen. It may be that tho peoplo of this country will get tired waiting for tho suppression of Carlism, and may take such measures as would render the hold? ing of Cuba a task altogether beyond tho power of Spain, oven were the Car lists quite suppressed. Thoro can be no longer any question as to the issue of the struggle now going on at cur doors. Had it been possible to suppress the insur? rection, it would have been done long ago; but its vitality is too great to give Spain any hope of over re-asserting her past dominion over the island. It would, therefore; bo an act of real friendship for some power which could intervene with? out oxposing its motives to^suspicion, to make an effort to restore peace. Cuba, even now, would be willing to pay Spain a largo indemnity if she would abandon hor pretensions iS sovereignty over the island. Tho rico planters on the Pon Pon, Ashepoo and Conibaheo rivers report the crops in a promising condition. Cm Matte na.?If yom are asked to lend your FHOurrt. segpoet to the would be borrower that he had better subscribe. Beading matter on every page. The Baptist Sunday-school pic-nics on Thursday, weather permitting. Parasols, fans, ioo eream and straw? berries are quite the rage. Those who have woolens to shed, pre? pare to shed them now. Why don't everybody advertise? It's pleasant to see one's name in print, and profitable, too. There wore 9 deaths in Columbia for tho week ending the 5th ?whites ?1; co? lored 5. The Greenville Actes spurted out with twenty pages?principally advertise? ment.;?on Sunday. A big thing. It was rather warm, Sunday and yes? terday morning; but a heavy shower in the afternoon cooled the atmosphere de? lightfully. Old type metal, suitable for many pur? poses about mills, can bo obtained at Phozhix office at 25 cents a pound, or 2U cents by tho 100 pounds. A well known shootist discharged his favorite weapon several times in the street, last night, and was finally waltzed off to the lock-up. The streets of Jerusalem were kept clean by every man sweeping before his own door; the health of Columbia can be preserved by every one keeping his own premises clean. The monthly report of the Trial Jus? tices of this city for the month of July shows that there have been 72 criminal cases: Sill 30; McCord 19; Thompson 1G; Marshall 7; total amount received $73.80. We observe that Dr. John T. Darby has returned to Columbia. We under? stand he remains until autumn, when he goes to New York to nssume the chair of Surgery in the University of New York, to which he has been elected. C. J. Laurey, opposite Phoenix office, will receive this day, 20 barrels golden russet apples, 50 boxes Messina oranges and lemonsjjwhich, with butter, hams, shoulders, lard, paper, &c., will be sold at lowest market-rates. The city finances and the action of the meeting was fully discussed, last night, and the prevailing opinion appears to be an endorsement of the course of one ' of the largest and most important meet? ings which has been held in Columbia for many years. Gen. Stoibrand, Chairman of the City Council Committee, colls for o, meeting of citizens in the Court House, this even? ing, to consider municipal affairs. We learn that Gen. S. has prepared a brief report, which will be submitted at this meeting. Newspapers are like turnips?the smaller they aro the more substance there is in them, as a general thing, nnd the people have found this out. Hence, those newspapers which give the most infor mortion in the fewest words, havo bo come the most popular and the most suc? cessful. There was very little property dis? posed of yesterday, nnd that little brought unusually ..low prices?one house and lot which was sold for $5,050 last sale-day, was. bid in yesterday for $1,0-10. The damaging report of the Committee of Citizens, doubtless, had something to do with it. "I sec you sell mustard on tick," said a would-be wit, pointing to a showy clock in the store of L?rick A Lowrance, upon which is printed the twelve letters composing the words "cream mustard," and which stand for the twelve hours of the day. "Yes," replied one of the clerks, "we sell on tick but not on time." A. says: Hoinitsh's pills arc the best. B. says: He never wants any other pill. C. says: They are just tho remody. D. snys: I always keep a box of your pills. E. says: For the liver and headache, nono better. F. says: The only pill suitablo for the South. G. says: I have a head? ache, and must go home and take some of your pills. Sensational Look-olt. ? "Curious ad? vertising," "Seven Wonders," "Great Sensation," "Leader in Low Prices," "Great Reduction," "A New Song of Solomon," "Heinitsh's Queen's Delight," for the blood, "Blood and Liver Pills," good for tho liver, "Rose Cordial," for bowel complaint, "What you Need," medicines to relieve you at a cheap rate. The city drug store the cheapest place. The Fonton house, corner of Main and Pondleton streots, sold, yesterday, for $1,660, and the McMahon house, on Senate street, for $2,975. Messrs. D. C. Peixotto & Son sold lot on Barnwell street, 78 feet front by 208 feot deep, with small cottngo thereon, for $050 cash; vacant lot on same street $255 cash; vacant lot on Assembly street $205 cash. ! i Public Meetino?City Aftaip.b.?An enthusiastic meeting of the citizens wob held in Irwin's Hull, yc?terday evening, et the'call of the Committee of Twenty. Every inch of standing room was taken up and much interest manifested. Ed? win J. Scott, Esq., acted as Chairman, and Jacob Levin, Esq., Secretary. Sharp, short und spirited addresses were deli? vered by Cols. P. W. McMaster, Win. Wallace and A. C. Haskell, Majors W. B. Gulick, W. K. Bachiuan, Mr. C. P. Janney and others. Col. Wallace sub? mitted the following report, which was adopted: The Committee appointed by the meeting of citizens to inquire into and report upon the issuing of city bonds, and to ascertain, if possible, whether any bonds have been issued privately or fraudulently, and by whose authority, and to whom issued, respectfully report as follows: They had free access to the books of the city of Columbia. They accepted as correct the statement of the bonded debt of December 1*71, signed by W. J. Etler, City Treasurer, for the following reusons: That statement was made dur? ing the first administration of Mayor Alexanderand embraced an indebtedness about which there was no question; was examined and approved by a committee of citizens appointed by the Board of Trade; was submitted as correct to the Committee of the Legislature, who were churged with the bill authorizing the issue of new city bonds, accepted by them as correct, and acted upon as such, acquiesced in by the community and subsequent city administrations. The Committee have every reason to believe it correct. The aggregate of the bonded indebtedness amounted at that date to $344,800. The committee first examined into the issue of the bonds known as the Ncaglc bonds, and ordered by the Act of the Legislature of March 13, 187*2. to be re? called before the issue of tho new bonds provided in that Act; they found all these bonds returned and cancelled. The Committee found that the city au? thorities, acting under a construction of the Act aforesaid, given by the then City Attorney, J. D. Tradewell, Esq., made the advertisements required by the Act once and some time precedent to the first sale, whether just preceding or not, the Committee is not fully informed. Precoding all subsequent sales, there was only advertisement in the local journals. Annexed is a schedule of all the bonds Bold, with the date of their issue and the names of the purchasers; and the Com? mittee refer to this schedule as a part of their report. They have also been fur? nished by the present City Clerk with u statement taken from the books of Mr. Jacob Levin, auctioneer, showing the prices at which the bonds mentioned thorein, by the amounts but not by their numbers, were sold. It will be seen that by far the heaviest purchaser was the Mayor, John Alexander. He stated that he, acting under the advice of the then City Attorney, Jas. D. Tradewell, Esq., to the effect that such purchase bv him would be a legal complianco with the requirements of the Act, did so pur? chase, giving his notes for the purchase money; and afterwards sold the said bonds at private sale, generally at a profit and never below the price paid for them, giving the city the benefit of the profits. To whom and at what prices those bonds were wold, the Committee are not in? formed, nor have they means of getting the information. They call attention to the bonds from Nos. 100 to 250 inclusive, mentioned in the schedule hereto an? nexed, are, according to the record, not sold, and that they, with other bonds mentioned in the schedule, are deposited as collateral for a loun of $14,000 to tho city in the South Carolina Bank and Trust Company. The Committee have no evidence of the issuo of any other bonds. All of which is respectfully sub? mitted. WM. WALLACE, Chairman. Howls for $200 each, bearing (late Jan? uary 1,' 1872.?John Alexander, pur? chaser; Nos. 1 to 10 inclusive; issued August 13, 1872; par value$4,000. John Alexander, 17 to 00 inclusive; November 19, 1872; $20,000. John Alexander, 07to 114 inclusive; April 10, 1873; $4,500. John Alexander, US to 105 inclusive; Decembor 2, 1872; $12,750. -, 166 to' 250; $21,250. $(52,500. Recapitulation. ?Bonds for $1,000 each, $125,000; bonds for $500 each, $62,500; bonds for $250 each, $62,500. $250,000. The following bonds, each for $250, ore deposited in the South Carolina Bank and Trust Company, as collateral for a loan of $14,000 to the city: Nos. 102 and 103, $500; Nos. 105 to 110, inclusive, $1,500; Nos. 115/0 13S, inclusive, $6,000; Nos. 166 to 200, inclusive, $7,750; Nos. 201 to 250, inclusive, $12,500. $28,250. Only one notice, in accordance with the provisions of tho Act, was given, which was for the sale May, 1872. Other sales were made upon notice being given only through local papers. On November 22, 1873, the city issued thirty-ono bonds for $500 each, to tako up tho Blanding certificates, whioh did not incroasa the debt. Bonds of the city of Columbia, issued under the Act of the General Assembly, approved March 13, 1872: Bonds for $1,000 each, bearing Dale January 1, 1872.?Clark Waring, pur? chaser; No. 1 to 10 inclusive; issued July 26, 1872; par value $10,000. John Alexander; 11 to 05; August 13; $85,000. D. Ganibrill; 06 to 105; October 2; $10,000. B. K. Scott; 106 to 125; Octo? ber 2; $20,000. $125.000. Bonds for $500 each, bearing Dale Janu? ary 1, 1872.?John Alexander, purchaser; No. 1; issued August 13, 1872; par value, $500. John Alexander; 2 to 13 inclusive; October 2; $6,000. John Alexander; 14 to 17; March 17, 1873; $2,000. John Alexander; 18; March 18; $500. John Alexander; 10 to 68; March 28; $25,000. John Alexander; 69 to 125; April 16; $28,500. $62,500. . Col. McMaater and Col. Wallace, after a few remarks, submitted aeries of pro ambles and resolutions; which, after dis? cussion, were substituted by the follow? ing, prepared by Major Gulick: Whereas, it is provided by the first section of the Act of the General Assem? bly, approved March 13, 1872, thnt "tho outstanding indebtedness of tho city of Columbia shall not exceed the sum of $000,000;" and "whether by bonds or otherwise, shall at no time be increased beyond the said sum;" and it is further provided in the seventh section of the same Act, that upon any attempt being made to increase the debt beyond the sum mentioned, "any bond-holder or corporate tax-payer shall have his action to enjoin the said Mayor nnd Aldermen from so doing;" and it further appears from the report of Committee of Investi? gation, that the debt now outstanding ex? ceeds to a considerable amount tho limit prescribed by the General Assembly. It is, therefore, Resolved, That the interests of the city of Columbia require that tho restraint authorized to be imposed upon the Mayor and Aldermen in the contraction of debt should now be applied, so that no new liabilities may be incurred, and the income from taxation shall be ap? plied to the payment of the legnl debt, and it s reduction within the legal limit. 1 {ran!red. That an application be made to his Honor Judge Carpenter, for an in? junction to restrain the Mayor and Alder? men from increasing the debt of the city of Columbia in nny manner whatever, or binding the city to any payments be? yond those already authorized or estab? lished by law; to continue in force until satisfactory evidence shall have been submitted to him thnt the debt has beon reduced to the limit established by the Act of the Genend Assembly. Resolved, That legal proceedings bo commenced against the Mayor and Al? dermen, who may be responsible for tho diversion of the interest tax, the diver? sion of the proceeds of the bonds sold from the objects first prescribed by law, and against all those who may have com? mitted breaches of trust in accepting contracts with the city while holding positions of trust. Resolved, That, the Chairman of this meeting appoint a committee of twenty five corporate tax-payers, to form a standing committee on the finances of the city, who aro charged with the duty of carrying out the purposes embraced in. the second and third resolutions, and of protecting the financial interests of the city generally at their discretion, in nny and all ways that they may deem practicable; and that tho Chairman of this meeting be one of the members and the Chairman of said committee. A resolution by Capt. Bachmun, that the members of the City Council resign forthwith, was adopted. Several other resolutions,and motions were discussed and finally withdrawn. Resolutions of thanks to the Committee of Twenty, for the faithful manner in which they had discharged their labori? ous and gratuitous duties, were unani? mously adopted. After which tho meet? ing adjourned, subject to the call of the Chairman. Cotton* Factobieh at the Sourn.?It is not only at Columbus, Gn., but also at Augusta, in that State, that Southern success in cotton manufacture is bril? liantly illustrated. An Augusta corres? pondent relates tho history of three large cotton factories there, all of which have proved exceedingly profitable ventures, and shows that Augusta is becoming quite an industrial centre. One of these factories was opened about the com? mencement of the war, after a cash ex? penditure of $60,000. It paid enormous dividends in Confederate money during the war, ranging from 700 to 900 per cent. This, howover, was a somewhat fictitious prosperity, end it remained to be seen whether the enterprise could stand the competition of the North and England. This it has done. Prom July 1, 18C5, to April, 1874, it paid annual dividends (in greenbacks) averaging 200 per cent on the original capital. The factory consumes 200 bales of cotton per week, runs 22,448 spindles and 722 looms, and employs 671 persons, of whom 260 are children and 292 women. The yearly wages aniout to $832,000. The second factory made 10,536,500 yards of cloth out of 8,171 bales of cotton in 1874. Its stock is hold at $160, and is not in the market. Both of theso mills have bought or built some hundreds of houses for their operatives, using only surplus profits for this purpose. The third factory began work in April, 1872. Within three years it has clcarod nearly 50 per cent, on its capital of $400,000. It makes nearly 7,000,000 yards of cloth a year. Its success is tho moro note? worthy, because it had only been run? ning a few months when tho financial crisis came, and becauso over half of the operatives were wholly ignorant of their duties when they were first engaged. Many of them had nover seen a cotton factory before. What Augusta and Columbus have done, Columbia can do. There are two chartered companies in this city, but they make haste slowly, or crab fashion. Spur up, gentlemen?wo want to hear the hum of the niaohinery. ? 9 ? List of New Advertisements. Meeting Bichland Rifle Club. C. J. Stoibrand?Public Meeting. Pendleton Manufacturing Company. I). Gambrill-Wanted. Mr. James H. McConnel has been ap? pointed by Internal Revenue Collector Carpenter as Deputy Internal Revenue Collector for the Third District of South Carolinv. *