Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1860-12-08


SOL ,O33, ,647 Deposits, S57 PA, l79. Show
ing that while the circulation and deposits of
the Northern Banks arc seven times greater
than the specie in their vaults, the circula-
ton and deposits of the Southern Banks are
only three times as much as their specie, and
their circulation alone only one and half
the amount of their specie
All the banks in the State, judging from
their reports, are in a safe and sound condi-
ton, and prepared to meet all their liabilities
promptly, unless some commercial crisis takes
place, which may for time cripple their re-
sources and make it .ificult for them to meet
all their engagements. 1t was proposed at
the Extra Session to raise four hundred thou
sand dollars, by issuing State bonds, to arm
the State and prepare for her defence, but for
want ot time, no decision was made on the
proposition In the mean time, however, and /
with great promptness, the Bank of Charles
ton, through its President, telcgruphed to
me that it would take one hundred thousand
dollars worth of the bonds of the State at
par; and since then formal resolution of
Its board has been sent me to the same effect
This act of patriotic duty, on the part of the
Bank of Charleston, merits your highest com
mcndaton, and sets an aXamplc of love to the
State and devotion to her cause worthy of
general imitation. The mere money chan
ger" would calculate the value of the invest
mcnt and prospect of gain but the patriot
sees nothing but the necessities of his State,
and hastcns to pour out his treasures to re-
levc them.
MARINE School OF CuARLEsToN-Th
school was inauguratcd on the 10th May,
1889, and commenced operations with sixteen
pupils, which has since increased to forty
three, with many more applicants than can
be received and accommodated. The pupils
arc not confined to Charleston but come
from Edgcfcld, Beaufort, Barnwell Richland,
Horny and Collcton. Tie Board of Trustees
report that their health las been good, only
one death having occurred, and that one
shortly after coming on bolrd that the prog
rcss and conduct Of the pupils are quite sat
siactory, and even now there are several on
board capable of managing a vessel Feel
ing deep interest in the success of the OK
pertinent | visited the school, on board the
lodcbar, stationed in Charleston harbor, near
the battery, last spring, and was not only
Gratifcd, but delighted at the prospect of ma
king useful citizens and valuable sailors, to
be called into the service of the State in her
commercial marine, or in manning and COM
ma"dms her vess2tssS}$ sl's war. Southern sea
me" are ans hc great %ar@s @y o flN tic sou23&s 23&s
and esPSeSlly at this critical time, ' trained as
lncsc youths are, not only in manly nautical
pursuits, but in the use of cannon and arms
the State may with confidence look to
them for aid in her hourof danger.
At the last session of the Legislature, the
sum Of five thousand dollars v, appropria-
ted towards the support of thi .aval school,
nS l,l
more important every day that we should have
a nursery to prepare steady and capable cap
tains, not only for our mercantile marine.
but for our coasting trade and vessels of war,
commend this valuable school to the fos
tering care Of the State, and recommend
liberal appropriation for its benefit.
AN .NRMoRY separation of the
Southern States from the North, will leave
the Southern States, to great extent, with
out the facilities of manufacturing arms, for
the want of Armories; and it will therefore
be important for each individual State to cs
tablish an Armory, or that two, three or four
States should unite for that purpose. We
should not be dependent upon the North, or
foreign country, for our weapons Of defence,
lest in the hour OF need the supply may be
withheld from us. Maj. r. S. Ripley,
citizen of South Carolina proposes to estab-
lsh an Armory for the South, in Georgia.
Alabama or South Carolina, according as may
be agreed on by those States All he asks is,
that each of the three States named should
contract with him for fifty thousand dollars
worth of arms annually, for five years, and
extend their patronage for short period
thereafter; the arms furnished to be up to a
standard model, to be determined upon and
delivered at prices fixed by competent au-
thority, and to be subject to the proper mil
ltary inspection, in parts, by State officers,
those OF each State to inspect the arms for
that State. This would be preferable to
having an Armory, and would preclude the
necessity Of burdening each State with an
extensive establishment, dependent upon it
for management by salaried officers and would
require no expenditure by the State until its
value would be received
There seems to be nothing in the promo.
stlon but what is fair and reasonable. and if
the State determines to keep up her supply
of arms, it cannot be better done than by
the plan proposed. Copies of letters from
the Governors OF Georgia and Alabama to
Maj Ripley, were sent to me. They APP.
prove of the proposition, and promise to re.
commend to their Legislatures to bind them
selves to take annually fifty thousand dollars
worth of arms, to be paid for at the same
price paid by the Federal Government for
arms of the same finish and description pro-
vidcd they are of the latest and most approx
Ill one of the States mentioned. | would
Al ~