North Carolina Newspapers

LaJ "5 It'll; I ; - I I VOL. IV. SALISBURY, N. cTEq"!?, 1869. ; ', fNoT J OTbciDlb North State rvw.tsiiF.n wcf.kly ur Xj 3D -vcr X ZZ AIV Editor and Proprietor. R tTCK OF m m r Okh Ykar, payable in advance, .. Six MI.tiih, .... ft Copies to one address 10 Copies to ue uddress Rates of Ah'ertistnj. .$rt.00 . i " 12,30 lAi.OO One Square, first insertion, $1,00 For ewch addiltoual insertio 50 Special nntiues will be charged 50 per cent higher tliim the above rates. Court aud Justice's Orders will be publish ed at the Ume rates with other advertisements-. ; 0 Obituary notices, over six lines, charged as advertisements. . CONTRACT RATES. H 1 H 1 Z? Mr t 5 t I BE SPACE. 1 Sfjimre. 2 Squares. 3 Squares. 4 Squares. J Column. i Column. 1 Column. P2 M 75 $5 00 $8 50 $ 1 3 00 4 50 6 25 8 5,ia0l) 22,00 ii(N) 0 011 1 0020 00' 30.01) 8 00 1 1 00 15 00'25 00' 37,50 11 00 10 00 20 00:30 00 45.00 18 00 24 00 30 00 45 00 75.00 28 00 40 nu 50 00,80 00, 130,00 JCUNEV lands fok silk. TllF SCBSCRIBEK offers for sale (hat val nab u TaVin in the Jetsry Setlleinent ol Da iJ aoti County, known as "TUE TH ALES Mo 10NALD PLACE " Said farm lies immen- atelynn Tha Yaftkin Rnrer, jist below-the. Tra-1 oii.i! roanl, anil on both shins ol the N. C lUi.ro.nl three-fourths of a mile from the Holt bur Depot. This farm contains about 8'0 a re, about sixty acres of which is exi-ellent Hitei Bottom and the rsuiainiler good Jfisey uplands. A large part of it ia will hi woods and heavily limbered. Tha farm is in a high state of cultivation, well watered and stocked with well-disposed and Contented tenants. It'll well adapted to the growth ut Cotton and Drain, and w. alto gether, one of lht inut valuable and desirable tarin to be found in this part of the country. The terms of the payment will be made fib eraland eaay. Address, R. W. Foard, agent of H. L Par teeUDooeord, N. C. Nov. , 180. 4S 6t "The most sparkling Juvenile Mngnsine ever Issued." and Suleudid Chromo l'irtiiies of Au- drtbuu's Birds of America as lupplctnents, and nihcr fine cnpravinjis in each number. The No vember aud December numbers free to new sub scriber'. The most instructive, entertaining, and best Juvenile Majrurinc comprises nuinerons and hovel Matures that are peculiarly its own. and entirely tree from the gross exaggerations mi cojnnoji to juvenile literatim. Our monthly Young A nicnca presents the finest colored and othurengraviugs, the best stories, puzzle, prizes music, and a host of now and Interesting sub jects that will not only secure the attention of xtoys and Girls, bntserVejo purify ami elevste thx-ir mind,eiminunicate iimcb v;luable iufor tnation, and prove a well-spring of pleasure in Ui liousehoid' Yearly ubription $l.ft,n with a go d Micro scope, or a pearl-handle i'ocket-Knile, or a beau- UMI Oook. as pieniiuui to eaca suuMifioer, sua plcjidid premiums given for clubs. Address, V. JENNINGS DEMORERT, 838 Broadway, '. Y. Specimen copies, with circulars, mailed free on receipt of ton cents. New subscribers sending in before the "first of Jnnuary np' w''l receive the November and December numbers free. A tqdendid prize for the ladies. The finest, jnost pleasing and costly Parlor Engraving ever published in America presented as a premium to each subscriber. jtr Useful, the Entertaining, and the Beauttfu.1. The Model Magazine of America. Dent or cat's Illustrated Monthly THE L'SEFCiL in Demorest's Montlilv corn- rises the fJtititlea of Fashions in Ladiesl and .Ulblren's drcus. including full-size Fashionable Jk'.ierns, colored Steel Plates, etc.; ( i inlcning, bo. sjseful and ornamental, adapted to Indies -M'S ! t'ottages. with their surroundings; and Ilone: Matters in all their departments. Tf.lL- f V-TtDT H VI Vl .J-LiJ.I rv.1 1 r'Al A I., l.,o .,mi'iinvwwi i; 1 1 i;u Btorirt and Ps?ms by the beat authors. Spicy Items, V pular Muaic by the best compostTs, te., etc. i THE I KACTIFI'L comprises numerous il lunrations, "n the highest style of art, printed on tHe fines: calendered paper, in the beat man ner, . i op k- a styfe to tornt a splendid volume for budlng'at the ernl of tin; year, and altogeth er, a n. nthlv visitor that no lady of taste or coonontual housewife can afford to do without. W loVsl nd most olc'siiv. inmrin. ver v. ...,!, v!.. I. ....... " . i-j n1 :l. ,1... l ; ...I ,i..i.i . ..... s io l llUiU, l".UUUIb.ii ...... in in "Villi s.V. Lll- tltlccl I ne nc-iit on me rourm oi JUiv, given as a preinwni t each sntsv-nber, and Splendid prcmusjas fiw elulis. Address DEMOKwifs MoTiii.r Maoazjxe. 83-S Broadway, N. Y. When sent by v4aR, the postage on the Eu. graving, fen cents, aOSt l included. Specimen copies fsHJ nair.ine with eircu Ure, mailed free, onifelpt oflifleeii cents. BWfc BOXES. Something New and YtryesiralA Sun Ana Is fife 1 wlrs a sew ssrtsd Ssvor- m.t .mh. eV-rv lX Will u a sea WMtch raiee, (iolii -d -ilytr VV Ctiaim l.a,l'e ant dents' BMSVS Battins.1 StuiU f-ir f'!:a:ir. c Ac. iTIlEY RETAIL AT U iM-r'iirrer.p t GEORGErMJLLER & 610.Markol Street, llii!adeipfii, -1 ij wiKin . that t lis ir I I t i ' Ii III TOT I I nnw .9. a: . sV rs St i to ..rw.T.1,7, - ill:, n :.T'1 "!; -..r I - .1 ..,..- . . . . " ' MI1IU1., " - '-'ii - :i ii , iij ,, ., ii . i i tfr.l.l.r-i.:.l -i ... . JIIMI MIX. i 'Tsri H aitrtitafae1 . - 1 i,d : v -in.. n - f CX.XTS. rera CORTT THOrSAXI) CASKS OK 0OOM r were shinned from our lion- in one Vear, to families, clubs, unit merchants, in every part oflhe country, from Maine to Calnruia, amount ing in valu to over ONE MILLION DOLLARS. Our facilities for transacting tbislinnieuse bu siness are better than ever before. We have agent in all the vriucipal cities to purchase pood from all the Manufacturers, I tnji.n f -r- ami others, for Oath, and often at an immense sacrifice from the original cost of production Our stock, cousists, in part, of the following , goods: ! Shawlt, FilankrU. Quilt; CottoHt. Githnm, 'DrtM Gottdt, Tulle Li T;vtit, Uutitry, , 6!uotM, Skirtit, tfornttt, fr . ttc Silrtr-Hated liinre. Spwnt pltttni on AVsJW I Silver, Dtmrt Furkn.fh Imttit plnttd Cuslors. i llriltimia Wart, (Jl Whit, Table and Pocket Cutlet), iti grtul ruriety. Eleyunt Frtnr!t and Qrnru Fancy Oixxh iieuuUjul Phittotfrauh Allium Our Bswest and choievst stlfs in Moroi'O and Velvet bindings. Morrncco Travelling Hag, Handkerchief and Gi'ivf Hare, Jt. Gold and PtaUd Jewelry, nf tkenei'-est ttylet. We have also made arraugemeBts with some of (he leading Publishing Bouses. that will ena ble u to sell tJie ' andard and latest works of popular authors at about one-half the regular price: such as Itvuo.v. M ik, Blasts, Mir ton . and Tkkmvson's Wokks, iu full Oilt aud Cloth Uindiugs, and hundreds of others. These and everything else for One Dollar for each Article. "We do not nfftr a single article of merchan dise, that can be sold by regular dealers at our price. We do not ask you to uuy goous irom us uuluss we can sell tiieni cheaper than you can obtaiu them in any other way ; while the greater part ol our goods arc sold at about One-half the Regular Rate. We want good reliable agents in every .part of the Country. By employ iug your spare time to form clubs a:id sending us oiders, you can ob'ain the most liberal commissions, either in Cash or Merchandise, and all goods sent by us will be as represented, and we guarantee satistiictioii to every -ww-dealing with our house. As the Holidays arc approaching we are making special arrangements to supply etrry one who reads our advertisement, with the most handsome and useful Holiday presents that can be thought of or wished tor, and to enable them to procure them cheaply and e.vpediUotisly, we will give to any one who will become our Agent, On; Hundred free Tickets, enumerating some of the many different articles from which you make your so lection of Holiday presents. For returning full ehib from Tickets, accompanied by the cash, we will give the same extra prcauummi that, we now civ the same as if yon had paid IU cents for each one of your tickets. VV e wish von to under stmd tliat not any other firm in (lie busineascan compete with ns "in any way whatever. As this free ticket is only good for the Holi- dnvs, von must send in vour orders before the 20th of January, 1)70. "In every order amounting to over frn, ac companied by tin-cash, the Agent may return ii.t , and iu every order of over IU0, ;i 41 may bu retained to Fay tho Express Charges. This offer is more especially to assist Agents in the Western and Southern States, but is open to all customers. COinilllMIONt. Agents will lie paid tea per cent, in Cash or Merchandise, when they till up their enliie club, for which below we give a partial List of Commissions : Ior an order of (30. from a club of Thirty, we will nuy the Agent, as commission, i yds. Brown or Bleached Sheeting, (iood Dress Pattern, Wool Sonar-Shawl, French! Caasimere Pants and Vest Pattern. Fine large White Counterpane, etc., etc., or $: 00 in cash. Zor an order of $50, from a Club of Fifty, we will pay the Agent, as Commission, 45 yds. sheeting, one pair of heavy wool blan kets, poplin dress pattern, handsome wool square shawl silver-case watch, etc., etc., or $6,00 iu cash. For an order of 0100. from a club of One Hundred, we will pay the agent, as com mission, 100 yds. of good yard-wide Sheeting, Coin-Silver Bunting Case Watch, Rich Long Wool Shawl, Suit of all Wool Freueh Cassi inore, etc. ."etc., or if 10 iu cash. We do not employ any travelling agents, and customers should not pay money to persons purporting to be our ageuts, mulcts personally acquainted. Send Money always by Register cd letters. For further particulars seed for Catalogues, . PAB.2IER fc CO., 93 A 100 Sumner St., Boston, ifam. Oct. 15, lVJ. . 41-1 State of Worth Carolina, ( ALEXANDER COUNTY, Supeiivr Court. Edmund Jwsfley, administrator of Alfred I'a- vidson, " .against Isaac Ruell and wife Elizabeth, G. W. Sweet and wife Cynthia, Robert Lowe aad wife Susan, John Davidson, Margaret A. Kerlev, William Davidson John P. Davidson. Dan'L 8. Davidson, IliiMuh Davidson, Jane David sou and William Davidson, heirs at law of Bci.j L. Davidson. To William Davidson, one of the defendants above named, a non-resident. You are hereby notified, that a summon, in lhe '' """' . iH taist you. and flic comi-laii.t therein was filed n the Su perior Com t 61 A !exatidei T!cobty7'bo tlie'17tli of August 18G9. You are also notified, that the summon iu he case is returnable to the next term of the Sueriir Court aforesaid, lo be held at the Court Huuv in TaylorsVjlle, on the 25th day of Decrm er next, when and whore you are hereby required to appear and answer the xirriplaiiX ui default whereof the plaintiff will applv to sa d Court for lie itlief deiuaod sd in the complaint, Witness, E. M. Sievenson, CeTtof tha said Soperior Court at at Taylorsville, the 3d Mon day 10 August 1869. E. M STEVENSON, Clerk Superior Court Alexander County. 44 6w:(pr fee lll) Pare Rye and Corn Whiskies, Distilled in tit Old Style, Para and Jn - adulterated- at the Old North Slate Distillery, GR00T, KUCK, & C0.? Prop's. i 4 II 1R1JI1 I F.. . ( . A !". Wan' I lo purchase 500 or JO00 head M 1 attic .iti.i pay ti.e nixnest t.ai, rrices tor ! . . I . . .. . t- . 1 Wm -uJ Kv . July i0:t.n . , - .. Dr. OODOTWf COS1POUKD GENTIAN BITTEKS, The Great American Tonic and Di untie Recomr ended and prescribed by physician wherever known. Tite "Compound Oentian Bi Hers" are made of the purest and best Vegetable Tonics mid Aromaucs known to I he prolessiuti. They also contain twenty per cent of t& B U C II V ! Which makes them, beyond all question, the best DIURETIC in existence; and for Dis tressed Kidueys, Rladderand I'ni.aiv Organs, i ......... if - i' 'n,.... u i... aava uo superior, if any ttual ! Tib who try these Bitters, for the foil -wing Dieases will in every ease find them a safe, pk-asaiil, speedy and cfleeiiial Remedy. Tley are a sine preventive and cure for Chins and Fever, and all Malarial Diseases! DYSPEPSIA. INDIGESTION, SICK-STOMACU, COLIC. SICK-HEADACHE, BRONCHITIS, ASTHMA, C LDS & COUGH, NEURALGIA, GENERAL DEBILITY, Diseases of Kidneys, Gravel, Av . and every Dieae requiring a general Tonic impression. X-jtf Foi Diseases peculiar to Females it is almost a specific. J-pf In uonvalesience from Typhoid arid other low forms ol Fever it is the verv best Tonic ihat can be used. The Compound Gentian Bitters meet with universal favor, and have received the strong est testimonials ever given to any medicine, a lew of which we append below: This is to Certify that I have used Dr. God din's Con -pound Ueutian Bitters and clieerlul ly recommend it as ibe very best Bitters thai ran be used for ordinal y debility, -ick siomaub Av: E. M. HOLT, M. I). Lipscomb, 0-ange uo , N. C, toav 15v '6'J I hereby certify that I have been usmi Dr. Goddin's "Compound Gentian Hitters," lor Co' gh. General Debility. Ac. and I am fully sal islietl that they are thebi-st Bitters of which I have any knowledge, and he best Tonic ol- i feicd to the Atneiicau people. ROB T. Y. SLATER. Henrico county, Yr, Juue 2:, lHb9. Dr. Gonnm: Dear Sir: I have been suffer ing for twenty years with an affection of the ;-. I. r,ufml.i . 1 1 ur.il vlritdrA of ihe these FreJjrWjrjl have been un.ler the treatment ol the best physicians in the country, one of whom is now a prolessoi 111 a medical college. All lailcd lo iclievc me. I aually tried your Com pound Gentian Bitters ; the effect was like a ehami one bottle gave complete relicL I believe it to be Ihe best medicine I have- ever used. Very reswctf'iilly, JAS. A. FAULCON, Liitle'on, N. C, Jan. 7th, 186U. Pretmrel only bv Dr. G.Midin. JAMfcS T. WIGG1X9, Proprietary Wholesale Agent, , NORFOLK, V A. tW For tale by Dr. G. B. Poulsoo, Salis bai v. N. C. X 38 -if 40 YEARS BCrOBBTHI PUBLIC. IF OTHIR Remedies FAIL FUK UttONCHiAL AAD LIVER DI SEASES read the following: Tlioins. II. Rainsy. R , tirauville co., N. 0., says: "1 find your I'illa to lie the Ihx4 family medi cine I have ever used. Tliey have proved very hen fBcial in my own case. I have been very much af flicted for fifteen years, and have tried every kind ot medicine that I could get. but have ton mi more e I. (.... , .AMto lill , I. in 11 I I nllim. II i' .li. ... iuii iu hronchisf affliction, aud a complete prostration of Ins nervous system. 1 nave nsen mem 111 ien or in tern cases in my family, and find them to be the very medicine lor nearly ail family diseases. Vbe Cure Is Thorough. Ksunetli Humes. Ksq., t'lerk of Colum tins county court, writea (April 9, 1863: '-Durina? the latter barter the year I8fi2 1 was severely amiited with diseased liverandinany niylitswhilii in bed the psin would become so excruriatiun last I wascouiiislled to ct't out ol L.d and sit up .until tue nam mild subside. 1 urocured a few Imxenof thehOL'THtltN Htit'ATIC PILLS, and the first done I tooksavesse creat relief. I iiitinned to iw tl e Pills for two veska. and have not auRervd from liver disease since. I haverconiineiidedtbeha;cnrdiufly,aad several persons sre in want orthem. All disease is an enemy to t lie. human system, and la at warwlrh ft and will compter it. unlexa nature with all the assistance it can receive from strengtli ning medicines Slid suitable nourishments, can ooixiirth sneiny ; which would be best, to take medicine before yen set sick, to ptevsntsiefcnciis or to take medicine srteryoo gel sirs tociesickiwas. if A word to tlw wise is nooL'b 5 . Exercise your own iudmriit ia the meant of de fensa; the essa y will come, be ye slsn ready with She Southern Hepatio PiUs, 77iaf Itui'i known and well tried remedy for all laiioui diseases, mused by m DISEASED LIVER. TO ALL EMIGRANTS Yoo are about to laaas a home for you -l fund family na climate which you 0. 1 hey hau- not baen aialuatumed lo .. you will, of i-ouiie, be posed to all the diseases peculiar lo that climate, you shontd tie careful to ds micIi Med Irfnes as are ailiitsd to the diseases of that oiimats; von will find the creates! eecurity iu the as of i)tr na' KorTHKSN Ukcatjc Piuls. Tuey can be seat to any point iu Um Dolled States by Kxvias. I'llICK rrn hex, M K.-D.is. IU PaKOrn,. to Oiif llroM.IIS Tkrec (Iro n, (CO-rivc fi. .., 7. The sank rausl wlih-rr i.mHnr tlrrr for Hit Mt.ti cinrur il wiUkMt CO. I. Or 'r sluuld b i.'ilr.n a. w. dscms M. S. Sour Ctrrs Stbsit, DiLTiltuM kill wbsrt thej will l SfaSSSttV stUaded lav.' for thest Ms.li.-iuvi Call on aU reipMUU Drawlitf vcrviihre and D 0. B. PODLSON, Jnlj 3-M ly Sslisbury, S. C Xasta o d 1B8B. LEPAGE BROS. & Co., GENERAL Cfoinmtsstoo Jl! urljnnls a!D COTTON FACTORS, Commerce St., XTorfoife, Va. leSpecial attention jiaid ft the sale CIJ AIN. romN nnd all other, kiudi CorXTIJY PlItifTiTK. Z.'r . ' 1 . r l.ilwral ailvHi.cc oa eofiaigjmient aJ antymt nSana. julyytiT . . , 1 . TTaasVT TsTrlmr UEPOBF OF SECRETARY OF THIS TKEASURY. Secretary Bout w. II, in hit annual re port to Congrea. treats firat or matters of administration, and then of measures of public pnlicv, and eivi s a very clear and coiiiim-hciisivtt statement of the national finaiices. The following arc the more iin pon.il t stati tnents : The revenue receipts have increased 1 14. 481 ,333 ..r the fii tt five mnutlia of the iireseni fiscal y.'nt over the same pe ri! s year Tin- Secictary ia elevly of h opinion I f ia r the Government ought lo n-ly upon public officers for the tiroiier uerforiuance of their duties without stimulating them by any cnntiiigeiit advantages. lie recom mends an inn case of the salaries of cue- loni-house officers and ihe abolition of the system of giving to them a share of dues, petialiiue, anil forfeitures. THE DKPRICISTKD CTHSENCT. , The deprt-ciatiou of the currency is d'te to two causes first, an excefsive issue, and secondly, to the want of faith iu the Govern men t ; audthe extent of tho iufiu ence of (he first named cause cannot be ascertained until the second is removed substantially. Whenever nor credit shall be so much improved at home and abroad that holders of om bonds are disposed to retain them, even v. In u the public mind is excited upon financial subjects, we shall be able to judge more accurately the ex tent of the overissue of paper money. It is also true 1 lint tin: quantity of currency necessary for the transaction of the busi ness of the couutr ' cannot now be fixed accurately. Huce ill close of the war the wants of the Stales of the South have in- , creasei', .uid, consequently, alargi-umetfut j necessary ior the purposes of the South will steadily iucieuse fur tho next two I years. The construction of the Pacific railroad ts likely to result in the substitution of pa in, r.ii I,,- . :,,. .....,,,i.i .... , i., i ...iiw, . l, . . i i i ,i .. .i... j 4 r far,. it- ,r m uti ! limb lur uriuaiMI lur paper for that pu p se will not be less j than thirty millions, of dollars. As a con sequence, a very I nge quantity of coin will he withdrawn fioui circulation, ami thus practically the coin will be increased upon the Atlantic mast, and the paper iu circulation in the States east of the II mky mountains will be mHtertally red need. These changes w II tnid to diminish tho difference between paper and coin. stkcie RKsrarrioN. The ability of the country t resume specie payments will not be due to any special legislation dpon that subject, but to the condition of its industries and to its fiuancial relations to other countries. These, of course, wilt he more or less de pendent upon the general policy of tin Government. The war exhausted the country ol its material weal'h, and the Slates of the Sou h were literally impov erished. A necessary condition for the resumption of specie payments was the development of the industry of he nation both South and Notth,aud tliecoiisequenl accumulation of the movable products of industry to such an extent that our ex ports of those pi o.i nets should be equal substantially to our imports. . So long as it is necessary to pay for merchandise im ported by the transfer of Government bonds or other evidences of indebtedness to other countries, so long it will be im practicable to resume and m i uuin JjptXfc payments. VV hen the products of industry exported shall he equal substantially to tire pro ducts of other eonntriea imported there will be no demand for specie for export, except what tray arise from the circum stance (hat our bonds held abroad arc sent home, sold in our markets, and tho- pro ceeds exported in coin. When ihe credit of the couutiy shall he fully established iu Europe and there shall be no doubt eith er of our ability or disposition to meet all our obligations, bonds heretofore, and now t r t I n rru or lout ti.,1.) ti tr 1 1 1 1 r . I . . f u n awl bankers will be transferred to capitalists (or" permanent investment. When tin, ' liia .li.li ! oti.n ..I... ,k.. I IU 'l fir 1 Ail hi in in vj 1 1 1 1 1 ii - 1 . HI. 'i 1 VI'SlllfLli r 1 1 r . uw nfcts i .c 1 11 m 1 bilitvofour securities beina sent 'bome under tbe iuflnsu'ee of political or financial disturbances iu Europe- will beivcry alight, and when, at a conenrriug fact, our ex ports, exclusive of public securities, shall be equal to our imports, specie payments may be resumed without even a tempora ry embarrassment to the business ot the country. it will no, be wise to resume specie payments while so large a part of the interest-bearing debt of the country ia n p resented by 6 20 bonds, and held by Eu ropeau merchants, bankers, and uiunuiac turers Our coarse, it seems to me, Is pliin, -Every measure of tbe Government bearing upon the subject should tend to appreciate the value of onr paper currency. It is probable that some decrease in the volume of paper will ultimately bo necessary, and 1 therefore respect fully suggest lb. a the Secretary ef the Treasury be clothed with sutlmiiiy to reduce the circulation of Uui tsd States notes in an amount not exceed ingt won millions of dollars in any one month. Thus will ihe country be brought, gradually it may le, and yet without di saster, into a condition when the resump tion of specie payment will be easy, if not avoidable. FUNDI Mr Tift FIVK-TWSNTIES. Under these evmstaacrs, it docs not seem to arc to be wise to authorize the i fuudiiii; of tbe while amount of the ti e 1 iw niy bond whidh, as i now snticloa- m . a ism -t - m led will be on sta fitfg on tire. itof JuU next, bnt that $J? W.-WO.0O at feast abrrttd 1 t xcejjdtog ion per acaL of (beir capi ! be suffeicd to r ;u cither lor pnrc!.uu or redemption previous to 1874. Should the sum of $ i50.000.000 bo It-it tor that purpose, tin- entire public debt would be iii h conniiHin to ne easily reai'eiueu. ues I Ween 1874 and ISil the tn forty bnudi could l. paid, tuid provisiou ulao made i.. l; . i . I. . j . ' ,or redemption of the bonds which I become due in the year 1831. It may ie wise to reauce tlie. proposed loan to 91,000,000.000, which would then ; leave for payment previous to 1881 thn mum of 070.000,000, or hardly more than 3G0.0OO.OO0 a year. Assuming that the proposed loan will be f.ir ai amount not exceeding 1.200, 000,000, I re omtnend tin I it be offered in three classes. of 400 000.000 each. The r'" ' " 0-100,000,000, lo be paid iu Unity yirars. The essential conditions of the new loan appear lo me to be those : 1. That the principal and interest shall be made payable in coin. 2. That the bonds known as the 5 20 bonds shall be receivud in exchauge for the new bonds. 3- That the principal be payable in (his country, and the interest payable either in the United States or in Kurope, as the subscribers to the loan may desire. 4. That the rate of interest shall not exceed 4 per cent, per annum. 5. That the subscribers in Europe shall receive their interest at Loudon, Paris, Berlin or Frankfort, as they may elect. 0. That the bonds, both principal anil interest, shall be free from all taxes, de ductions, or abatements of any sort, un less it shall be thonglit wise to subject cit isens of i he United States to such tax up on income fioui the bonds as ia ituosi'd by the laws of the United Stales upon income derived from other money invest- I incuts. ' There arc two reasons, and each seems to me to be n controlling reason, why the boiide of the United Stales, should be ex empt from Slate aud local taxes. If not so exempt, the amount of the taxes impos i ed by the local atilhoritie will be added to the interest the (nveriiinent will be re quired to 1 ay. and thus the National Gov eminent will he compelled to provide for taxes imposed by the local suthorities. Secondly, inasmuch as the ability lo borrow money may, under seme circum stances, be essential to the preservation of the Government, the power should not, even iu times of peaee and prosperity, be qualified by any concession tn the States of ihe l icjit to tax ihe means by which llit: Niitioiiui Government is maintained. The right to ue its lawful powers free of any condition, restriction, or claim of an other, is an essential condition of sover eignly, and the National Government is maintained. The right to use its law ful powers free of any condition, restric tion, or claim of another, ia an essential condition of sovereignty, and the Nation al (lover.. mem Should never surrenderor qualify its powers in this particular. -.. banking kvils. There are t wo evils in the present bank iug system which require remedy by prompt and efficient legislation. The first is ihe practice on the part of banks, of al- lowing interest upon deposits. The ef- feci of this practice is that moneys in tin hands nf individuals winch otherwise might be loaned for regular mercantile aud other business purposes arc diverted into 1 In- custody of banks upon he idea that if iin- security is not better, payment cau be obtained at a iiwrnbui's notice. Country banks and others remote from the large centres of trade, having receiv ed money 011 deposit for which they pay interest, are unuotts to tranfer such funds 1 to other banks, trout winch they will re ceive a 11 equal or larger interest in re turn. They are stimulated also by the desire to place their funds where they cati be at all limes commanded. Thus influ enced, large sums are placed on deposit with banks in tho cities especially in the city of New York, which is trie great ecu- tre of trade and finance for the Atlantic , . j co,wt- B!uf ''. c"r8e M i ot ."otintrjr tends rapidly to ' ho ci tics, and it is unwise to stimulate . . . . I " tmutieT J rt,CM1 i it tin- evil does uoi euu witn the ioi erisliineut of the country. As a . - t 1 1 'i t tnis the Links in the cities may be called upon at I any moment to respond to the drafts of j their depositors,! hey decline to make loans I representing such funds upon commercial i paper payable on tune, but insist upon making call loans, as they are termed, with Government bonds or other obliga- lous pledged . s collateral security. Mer chants generally wtH not "borrow money iu large sums payable 011 demand. The ainseqneuce is that tlie mrmcys thus ac cumulated iu the city banks are loaned lo persons engaged tn speculative put mum. The extent ofllits evil is seen iu the fact, that, of the bunk loans iu the city nf 1 New York in October, 1868, $98,000,000 1 upon commercial paper and (io, 000,000 upon demand, with a pledge ot collaterals ; and in 9ctber, 18G9. $99, OOO 000 were opon commercial paper and $,o,000,000 upon demand. In the for mer year 4 1 per cenL and in the latter year 37 p-r cent, of the loans made by the New York batiks were upon demand A further resnlt is teen in the fact that parlies borrowing money upon commer cial paper for legitimate commercial pur poses pty from iiii-u lo six per certf. ad ditional interest per amum as cotupan d j with persons who b rrow monejrfbr spec ulative purposes. I th ri fore resettftilly recommei:d that a law be passed pruhili I11 g absolutely the patysaent of Inlaws! by (. '.. upon depo-i's, and liminng abo their loans unoii collateral to an amount I am satisfied, also, that the practice of certifying check, even when funds are in the bank to the credit nf tha drawer of the check, is fraught with evil, and that it ought to bo entirely prohibited. From iKt Nashville Banter. THE SOU l'H'8 POWEB. In tho course of a remarkable speech by Hon. Mark A Cooper, before an immense concourse of people in the amphitheatre of the Georgia ute Fair at Macon, on the 15th just., he stated that the cotton ererp of Georgia alone, to be 500 000 bales averaging 400 pounds each. The value of this, per hundred pounds, in paper car- rem v ol toe I nit til Mate.-, after paying freights and charges to Ltverpitol from N. York, il .-old iu Liverpool, ia $28, 4. For this the New York shipper pays iu New York $21i, thus leavin ? for iiiin a balance of -? 84 for his profits. A bale of 500 pounds, therefore, affords him a profit of 14 22: The crop from Georgia of 500,000 bales, when thus sold, will theretore afford to the New York ship per an aggregatt profit of 87,800,000. The cotton crop of the South is sup posed to be about 3,000,000 bales. Two million bales shipped as above and sold in Liverpool, afford to the New York ship per a benefit of $28,840,000. This is the result of one crop, it is wonderfnl, therefore, that with this to build on, New lorn .-iiouiii oe a great city, winch ecu tralized power to make aud coutrol the policy of a nation ? Again, cotton in the process of mann- facturinc loses 15 per cent., or 15 pounds in each IU0 - equal to 75 iiounds per bale . . This amounts to 7,500 bales in a crop of 500,000, or neatly one bale 111 six, winch, if v-iiTuci! at 20 cents a bale, is equal tu 3750,000 The planter looses this. He also loses the freight he pays on this waste. The freight fi om New l'ork to Liver pool alone is 25 eeuta per 100 lbs., which is equal perbale to $175. The freight from New York to Liverpool on 500,000 bales made iu Georgia, if shipped from New York to Liverpool, is $875,000. The raw cotton, when manufactured in to varus suited to the foreign markets, diminishes the bulk 15 per cent., and therefore saves about one-sixth of this freight, which-is equal to $135,833 saved in freight on waste from a crop of 500, 000 bales. The manufacturing of the raw mat. rial at home saves also the waste of 15 per cant, and turns it to domestic account, i Manufacturing at borne for the foreign markets adds two-thirds to the value of the bulk. Hence, one hale of cotton thus manufactured is worth three of tbe raw cotton, say equal to $300. The crop of 500,000 bales manufac tured in Georgia, less fifteen per cent, waste, is 525,000 bales manufactured pro ducts, eqttal to $300 per bale, which is equal 10 the aggregate sum of $137,500,- j 000, This, then, stand against the sum of $50,000,000, the value ! bales sold in the raw state. of 500,000 There is, therefore, a balance in favor ! of the country of $87,500,000, produced by converting the raw cotton into a rami- ufactiired article. Add to this tho sum of SI 15,000 paid 011 the waste when ship ped .mil saved by mautifacturing at home. Add also the value of the waste saved and used at home, by estimate 8100,000, and you have tho -11111 of 87,745,00 made and saved to the country by manufacturing the raw material. Hence it is perceived that you return to the producers the value of their raw material, as in case of sale auil Blitptnent and nearly double that sum to the iu and llieir country, in proceeds of sale of mimttfircrnrcd good. Tbt. omes fo them, or to the State, in imports or in specie, beirg that mncli over and above what is now received, aud that is an an nual resnlt. Great aud interesting as this'may seem to the planters, the results to the country financially, politically and socially, are grand beyond any ordinary conception. Such nu annual increase ot labor products, say $87,000,000 through the agency of ono commodity, p-oduced by one class of j citixejis, w ill annually Increase the popu bilinn and means, material and money, un- - til the wealth ot the State can only be told by hundreds of millions. Until towns and cities shall be built where the fores'. now stands, and until thousands of wheels shall turn by the power of water; until ) such a 'thine was done by cither a Chris the planters and producers of this staple j tian, Patiick or Columbia, but by tho ball tomid, and build, and turn them all ; shall grmp thereby uii the elfraeirtsmH power, heretolore enumerated, by which government is formed, by which law are made anil administered, by w hieh science sheds its light, tile arts are made to flour isli, the literature of the country i made to adorn il ; by which the freedom ot coo science may be defended; and the moral grandeur ol niun inmselt shall ue exlnbi H .1 in 1 In- image ot hi .Maker. 1 ben we shall have the balance of trade in our fa vor. Then, and not till then, will capital Mow to us as a tide, and immigration a a wave roll iu upon us without an effort on onr part. Docs any one af where the money it to come from I We answer, in the lan gnage of Mr. Cooper, "from the planters of the South firei, if they please." Tliey hive the money power. Unless thu. used, it uiusi ruu to waste The world is a sea of glas affl etion , " s ..i. w, Bill Ui'M, , onr pith with and and aslie. in sc UNrs our or..er to ket p ppi g Time bolder upon FT- etcruity. qmres but an instant to m ike liu, passace i - 1 .1 . . ir ui the one to the other ket'p our fe t from slipping. ' jFropoBc gning ev.eiy subsciber a copy 0 From (A Salt Lake City Asa. AN EXTINCT RACE. BIO BOYM awd 111:.: FLACKS L'.VKa I.TU XO IX l l A II, Workmen are engaged in leveling a large mound on the block lying between North and South Temple streets, and Third and Fourth West streets, for the En i pose of preparing the ground for the full Central railroad, and in their labors they have exhumed many reliees which are interesting to archaeologist. Ofiicer H. Y. Hampton broagh a gnnnr-saek tulle of bones, fragment of pottery, flint arrow heads, pieces of sulphur, and a species of brick to our office this morning, which had just been dag up by tha men engaged iu levelling the ground. A long row of fireplaces were discovered yesterday; two or three more were found ta-day, aud the bones which he brought were those of a skeleton, which was found in a sitting posture, with its diiu resting on iu breast, near otio of the fire-places. The mound which was a very large one for ibis coun try, seem lo have been formed by the re mains of the dead ; scarcely a shovelful cati be moved without disturbing bones. How long a poriod has elapsed since they were buried i difficult to determine, but we should judge that many generations have passed away since the formation of the mound. All the small bones and sof ter portions of the large bones have disao- j peared, and no vestige of hair has been discovered thus far. Wo do not know whether the general average of the bones i"16 ,D ms!ts tbia skeleton shown us 1 1 ... f 1,1. 1 uy iiampiou ; out We liave beard ot several bone being found at previous times in the dtggg of soil from this mound, which bore every evidence dfbe longing to men of larger stature I ban the present Utah Indiatis. The skeleton wo saw was that of a large man. Officer Hamp'.on measures six feet two and a half inches, aud the thigh bone was lar ger than his. One of the arm bones and one of the leg bones bort marks of having been fractured. The skull was tolo ably large, resembling in shape the usual In dian type, and the teeth, were all sound, and were those of a young man. CURIOUS AND BEAUTIFUL CUS. TQM& "Vvnerr tmrnmnao Trrtnc hT am ,,, oi baptize an infant he utters the following be tutitnl .sentiment : Contrive so to live, that you may depart in smiles while all around you weep." The ancient Egyptians, at their general festivals and parties of pleasure, always had a coffin placed on the table, at meals, containing a mummy or a skeleton of painted wood, which Herodotus tells us was tireseuted to each of the guests with tins admonition ; "Look upon line, and enjoy yourself, for such will you become when divested of your mortal garb " This custom is frequently alluded to by Hor ace and C'uttullns, and Petrouious tells us that at the celebrated banquet of TrimaU cion a silver skeleton was placed on tho table to awaken iu the minds of the guests the remembrance of deaih aud of deceas- ' cd friends. In Carasou,.a province to tht northeast of Tarfary, the inhabitants have a custom, says Dr. I ley lei . when a stranger ot band some shape and fine features comes into their houses, of killing him iu tbe night not out of desire of spoil, or to eat hia body, but that the soul of such a satuoiy prison might remain among them- Among the superstitions of the Seneca Indians was one remarkable for iu singu lar beauty : When a maiden died, they ii;ipii.-oiic,i a. j,i in uii u 11 run n nrsi dw. gan to try its power of song, and then, loading it with messages and caresses, they loosed its bonds over her grave in 1 lie; In lief that it woold.;iiot fold its wing nor close its eyes until it had gone to tho spirit land delivered its precious burden to the hived and lost. x'lh re is a curious tradition both of St. Patrick in Ireland, and of St. Columbia in Iona, that when they attempted to found churches, they wen; impeded bv an evij spirit, who threw down the wall as fast as they were built, until a human victim was sacrificed and buiicd undttt the foun dation which being done, the; stood firm.' It is to be feared that there too much truth in this story. Not, of cunrse, that Druids, from who the Story was lathered wpVnt -tbe- brimr; 'fhtdt't' rnvn nf the twelve pillar of one of the Druidica! cir cular temples in Iona, a human body was found to have been buried. Still Ahead. Thai Star Spangled . ..tea f i . Uanner, which for icven years has "waved" to the great satisfaction ef its many thousand readers, and to the reat ilissatisractton ot all swindlers and rascals generally, is even more w ide awake than ever. It baa at an immense expense secured tbe services of an eminent artist, and the result it that it proposes to otva a way a splendid engraving entitled "EvangeMno" to erery subscriber foe 1670. This tuperb work of ait is on n and one-half by two tevt in aize.and.it eiiual to the nest 6'J engraving ever uff 'r ed. The Bauuer is a large eight-page, forty column p-iper. overflowing wist : splendid reading of all kind and cta 001 - v d "u ye-. very cheap w -T- J - jf rorlbe PPr louei Lu the publisher ibtir tligaul engraving gratis. The ti mer 1.11..I it 1,11 1 .1 I. . . . t: . tl . M JT " " Ja T J" til t-i u, tend tor snrxTmenTo Itia, uf 1 .-. .... ..s ' . - . 7 Mi.... f . I ..... I 1 m- . . ivia.ign.u imuuii, 1 luauair, .1, ij ail