The Abbeville banner. [volume] (Abbeville, S.C.) 1847-1869, 1859-08-11
will THERE M ANOTHER CoMMkRciAL

c~,v,d ,rnm an ncc",npl,sh', mc,~han, nt h,th
standing ~ Wall str",, ~ ,h" snhicc, :" "mr
m",cnnul" aud c"nmr,r,al nhns, rmhrnrnt
h,Mn~ n"rc, Wnd siMt'mg Nrws. II puts the
'nrs,"m will the r,rs'nt s".hl'm rrnrr ~ Eu.
,nlc. Hu,l t,r resulting condition. "t iun nf-
fats in this ri,y aml ihr county "a, large. lrnd to
RuN,hrt commercial rtis,s, u ,S III" ,,u,v nr
every m"rrhnni anil un,rr au h,"k"r To i"r'
trr'"usv nn these nn,tcrs- I" l""k over th"
Who'll" ti"ld ~ operations aud come To some
hcr an'i settled CONCLUSION il," subject.
II is evident that I.t-at perturbation has h,"hrn
out IN The commercial affairs "f this great com
incrcal metropolis since the news "i Tho l"ar"
nrrw"l, amd the question Is discussed every
day whether there will not b" II pam" h"ior" s,N
m"'n,h>. which will c"nvuIsr Tia" whole "r II pot
tinn OF thu commerce of the county OF c"nI>",
there are merchants VIII" livc entered into
Earctnents hcf"rc the l'"a"r, covering several
months to COM" and they are opposed I" all
ronclns "ns which would l"i,l {" unsrit tied
state If commercial affairs. Never has there
been :, panic in this or any either country that
we Il" no, find men III this lrcram,rn .-mmprc.
pared for Il sudden liui the men "i 4,
high order uf iut"lIrc,, "v",""Liny special ";,>,.>
and reasoning. tl"m general facts aud established
laws, arrive at positive CONCLUSIONS Of "rl'vsiic
character.
Durin. our cnnncr,inu Will, the press and JIl.
lie affairs in this country. HAY" seen SIX
eight commercial l'amic> three la.c, and three
four snail ones.
The peace III Europe i'll ISL, brought aln,it AN
rNp,lIs ION first and then II r",ui-'uu iiric in
1919. more inp"iiant crisis took i,lar"
lS2j, brought, about hy un'ln" expansion "f i!:r
banks aud other n"n"rcI 'm>i in'l"mS w" r"-
mr'nl"r well the h..inni,r aud end III that
vuls"m in which iI"nrN E-alor'i and .Inc"h Bar
.hrr We're involved Another, hnl :, smaller one.
"G artificial kind anil lrnli,.l III extent,
red in 1871 and 81! produced hy the Efforts Of
the old United STATES Bank I" Lc r,rhartcicI
against the "rI'"SilIon :" General ln"hs"n
rr.nt panic took place III l~3i, whirh resulted
m Il general r"llnI'sc llirougr vi 'l" whole
try. period at S'a"naii"u i".lnW"d VIII II,
cl,Srd III lsli aud lSI2 with In" ruin "f The
United states Bank forever. Then the country
went al"ng quietly til ili. discovery III ;h" gold
mines in California, which, with The rapid
crease of railroads and trl,yr:phs aud steam
communication with Eur"p". has had ,l," effect "f
rendering c"iI;'"rciai pan les far frequent.
but Of far less force.
In 1851. small r"vulsi"m took place, Irrr. ,lcl
by III" snl,l-n collays. Of SCHUYLER In lSaG, by
the sudden I'cacc in the trimran war, and hv The
bursting III, "f the Ohi, Lit. Insurance Com l,ny
another r"nvulsion took place. Whenever com
n"rcia aildirs are IN Il ,r>innc.! siat., there will
always hr s"nr r"t"u r"ncr;n to cXpl",r an,l
hiring mn the crisis "t til" ,'I>,>a". In >2 II
l,"hnrr.l ly the Life aud Fire Company. IN
1877 il pr.".r,l, 10y tn" rxl.I"si"n at III"
finn of Muses. 4. Co.: III IS:,4, hy Srhu, l"r'o
burst up; in ci1, by tho Ohio l.;tc Insurance
Company.
7, will he seen from this brief history that ih.
nud'irn peace III Europe. together with The vast
imIoraliuns aud the mis- government "f our
htnkin:, institutions, will Irnnhly result
stat" of general perturbation. which, uul"s, it Is
managed with great Kill aud dcIcary. will lead
to another r"vul-"n, which may shake iii"
,nercial and financial uilnirs "f III" whoi"
try, aud iuin II few Rotten concerns. Congress
sl'onId c',ac, u general bankrupt law AT the very
next s'>,i,n, aud prevent such pc,ur bal ions il,
fat, -I ..,Iy
JHyhJni -io"hm Ire S"uM Gnr.ji"a
hriir",d.--f'r" m.n hWL- L-'Ih" engine T. H.
Elnurr, with tender, under the management uI
cn.iucer Thomas kny,lun, conductor II. Won
De!kiu aud fireman AIam D"ugan, lcf this city
yesterday n"tnng at a. o"l"ck for The purpose
"f taking the place Of the engine at \ ikea.
which was used Will, ,lil train 1T HAT place
When near the scycnlysix mile station !!
"cl"ck. i. NJ, The engine Thomas D"ltcrcr was
csrc.l Il short distance ahead of thu,i bound
ais" for Aiken. Urna coming up with her, Mes.
scls. l., NJ. Cl,itty, conductor, and a. Mitchell
fireman of the Dotlcrcr left her: and "ined their
friends on the fillmore.
IT is thought ,ha, they had pr"rrc,lc,l but a
short distance when The boiler Of the EIi,lorc ca
pndrd, killing all on ,h" engine, viz Th"s
Kingdom, aged about .lu Years leaving ii wifi,
and children H. Won DcIkin, aged about 80
years, also wife and children; Adam Dnugan
ngcd about 81 years leaving Il wife and children;
l.. NJ. Chitty, ngcd - years, leaving II wife,
nnd \. Mitchell. aged IS wears, leaving u wifi,
aud children. The b"lirs were discovered this
nI"rning about g. o'clock (d'eadfully n,,l;l.tcd, }
bT the night express train, from Augusta and
brought on here a Jury Of inquest was en-
rannellc'I at o'clock this morning, and a vcr-
dict rendered in accordance with the above facts
The bodies Of the unfortunate men were turn ed
over to their friends for intcrncn,. The engine
was completely demolished
In last February IL piece of silver plate was
presented To the engineer who had charge Of the
"xr"l"d engine, is testimony Of his long, faith.
ful aud asSi'lu"us devotion To duty. The Super
intci'lcnt Of the Road. from long Observations
voluntarily accorded the deceased this mark Of
his confidence. and us far as VIZ learn til.
accident resulted from one Of those unforeseen
causes which 10 amount Of care can guard
aG"nst.--CE"iest"" N""S.
L"Ssp"s of he IiW--Ihc I.nnnn illustrated
Ncws thus sums up what The recent war ha,
taught. 1t tells the whole story:
That III" rulers Of mankind have no faith IN
the intelligence. Justice "r honesty Of one an
other; That they have rr:sa rd for either the
happiness "r prosperity of their subjects thai
they l""k upon those oyer whom ;hcv are pucrd
AS mere machines. without ilIc Itci!,y of indie
pendent action, rs instruments Of brute force 10
u" used for the accomplishment, "f objects which
they canii" comprehend, unl ia which they have
10 interest. IT. teaches that the ties pot ic mon
mrchs Of the world imagine HAT mankind were
made for th"n aud moi they for mankind : that
their ambition aud revenge. and ah"Iminablc sell.
'shncss. are the only Impulses TO be felt aud the
only rules To be "bcycd i,y the ml!iiuss .rclcd
I" their sway.
It, Teachers us that they d"sr>r intellectual
power of the HESS nl humanity, and hook upon
their fellow men rs "t value Only they as
sumo the nature "f s" n,auy dangerous beast.
Whose irrorily Is mrnsilird by II higher kind nf
instinct and rendered more destructive Icy the APP
pianccs OF sricnce. Hence. though tie .lrSlo,.
know that their prntnc"ll aud bulletins are all
false. dcih"raic misrepresentation Of facts, and cool
jy c"ntrvcd Gal>chno,l-, intended TO deceive the
crowd. such Is their confidence IN the stupidity
mud folly Of mankind, lI,aT they do not hesitate
10 launch thrr fraudulent decisions before the
world, nay, they even expect them To b" admir-
cd and believed in. AS they regard no man,
''ei'her do they fear God. They play upon the
religious instinct Of man Us they do upon his pas.
sions and weakness