The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1854-12-22
CHARLESTON CORRESPONDENCE.


CHARLESTON CORRESPONDENCE.
CHARLESTON, Dec. Is, 1854.
Editor Posi:-Money matters are still on
the stringent order, With but few prospects,
of their changing any for SONS tine.to come.
Every thing mus: come down before we get
at level. The large amounts Of money in
the shape of bank bills which have been
withdrawn from circulation have reduced the
amount of money in the country TO such an
extent as TO make it impossible for us to do
business with the present supply. Our mer-
chants must reduce their time business both
rs regards their amounts and extent Cot
ton is falling 10 every market throughout the
world, whilst the best of merchants are sue
cumbing TO the pressing financial arrange
ments around them. Let your merchants
and Others prepare for the worst. Bread
stuffs and other products must follow in the
wake of cotton, TO stand for a time below
the present mark. In the end, with con-
tnuance Of the European war, they must
rally and maintain, for long time, good
prices; but do not think this will take
place until next spring.
With regard to stocks of every description,
we must say that we can see but little hope
for them unless they are of the very best
kind. These will be still bought by persons
having money which they fear to invest in
any thing else and do notiwant to deposit
in banks.
1t is not our wish to create panic or u.s.
sist in doing SO, but as your correspondent /
am compelled to state what think is the
fact let consequences be what they may. The
South Carolina Legislature will no doubt re-
peal the usury laws of this State, and thus
throw open the doors of Finance to foreign
capital and enterprise. II is the only way for
US to strike off the shsckles which bind us to
the Northern and European financial inhu-
ences We are also pushing with energy the
establishment of line of steamers between
this port and Liverpool, and then you will
receive from Charleston your earliest and best
news, and in much shorter time than you
do now from New York. Business is good
with us, but country merchants are slow in
paying MERCHANT.
MosT TOO Observation-Disclosures has
reached us, through the Atlanta lnteligencer,
that the Superintendent of the State Road
has issued orders to the agents on the line,
to take no money in payment of freight or
passage except bills payable at Augusta, Sa-
vannah, or Charleston. We cannot see the
necessity for such discrimination, as there
are quite number of banking institutions in
neighborng States that are just as good and
solvent as either the Georgia or South Caro-
lima Institutions. 1t is right and proper to
prescribe and clip the claws Of the Georgia
Wild Cats, but the fact that there are rotten
and worthless institutions in that State does
not create necessity to refuse the issues Of
banks of neighboring State which are
known to all business men to be MS sound
and solvent as any in the Union, and which
issues are always promptly redeemed when
presented 1t is 4 misfortune with some men
that, when clothed with little brief autho-
rity, they must be continually doing some
thing to attract attention to their position
and magnify the Importance Of self. We
admire nicty, discrimination and wholesome
particularly in the conduct and management
of all business operations, whether in con-
nection with the superintendent of railways
or in the retail gingerbread line; but if it was
not at variance with the rules of good taste
so to express oursef,we would say there was
such thing as being a little too darned par
ticular; and we are afraid such is the case
with our Georgia friends in regard to the
sort of money necessary to procure one the
privilege of riding over their roads.
s1g" We are requested to state that f. s.
Smith, agent for the publisher of "1he
Great West" and "Religious Embems," will
be in jacksonville on the 9Th January (Cir.
cult Court week. prepared to deliver copies
of these works to subscribers. "The Great
West" contains many thrilling and interest
ing sketches, and persons who have not al
ready secured copy should avail themselves
of the opportunity thus offered. We may
also state that MIR. Smith will deliver the
" works himself to all whose names he obtains
as subscribers.
The BLAKELY ORCHESTRAL CHORUS COM
PANY.--This talented Company will visit our
town the last of the present month and will
give one or more of their excellent and in
comparable concerts. The Company is said
to number among its members some of the
best musical talent in the Union. Mr.. Hub
bard, one of the corps, is said to rival Ole
Bull in the excellence of his performance on
the violin. lie is also skilful piano tuner,
and will attend to any call in that depart
mcnt while the Company remain here.
JUsT AS WE ExrEcrEp.-The last Cleve.
land Despatch says that his contemporary of
the Banner is "as mad as the Duchman's
COW, and everybody knows how mad she
was" We always thought the controversy
between the Cleveland editors would end in
something serious, and here we have IN nn-
nouncement of the catastrophe. Awful, isn't
i'll