The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-12-04


aaer; Of The Began acnrers has neer IN our cy
for dsys awaiting TIE arrival Of the vestel Aessrs
Gfesore and btvie lie assistants came psesep gers
yesterday IN the B'nry.
ARRIVAL or ARMS AT SAVANNAH.
The steam ship MOI eomery, which arrived a. Savan
nan on the 2oh ut has on board $50 boxes OF sharps
patent cs hief. scU 10 all Eoa 30 700 cinca ball car
pExs, ior toe sale Of Georgia rney from Hart
fud, C,IIectcat, ana were forwarded Immediately 70
MiAedgevle.
PENNSYLVANIA.
PANIC AMONG TIDE COTTON AND wooLLRN MANURAC.
TUEFks OF rDILADHLPBIA-eeME MILLS TO sToe,
oTBEas TO woAg 1unsE QuAhrF1s riME-rHE
CRkDrr SYSTEM TO BE ABOLISHED
An Adjourned meeting II the Manufacturers OF cotton
woOllen goods Deli saturday aternopn ct toe
Hsn,aturers Exohai ge, IN rnusdephia, TO consider
ZONE way Of provcirg tor geacrai partial s'oppage OF
sop 10 isas me va, larger tau On the ss
s'on Of The nrst meeting on Wednesday Abraham Bake
10y, Eq pres,ded
Resolved, That the meeting recon NERDS 10 mSnufac
turers Of cotton snd woen goodr the ROWING o. mus
at brtefourih. tine. nu,u either 10 eaec sales
duceo s,ccss s,iy araln full time proouotl,a
M GArsD ,n'o ,bai be had drsred the resolution In
accordance the views sed At The last meeting
n~asIot ipi,bdso u DO binoing bat merely recon-
meboston, and ne wished TO kn,w what going 10 be
done
yr pruTrSG favored the re,olu,lon Tns demand for
cgiton s not fqnsi 10 the Product aud the
napuIacturers go usnal there will overstocx
BE hteLoed 70 Iun his mill half time for sky days AZ
least.
hr CIIee moved to amend Tho resolution by substi
oscussion then ensuec, and WAS participated In by
several gentlemen
The snepomert vas srrsed TO- and The question wss
then taken ppop the resolution. snd II wns adopted
dseuesi &c IN regard 20 = remark maize At the
last meeting that there Sufficient stock Of certain
r1cos On hand % last for 80 years
Mr. RIDDLE tlpucht ihst there should be snaton
and nosed that The eentiueut Of the meesog De, and
TIE, ,,otk Of gods hand in excess
q the demand N h4n been represented by Of the
fpcskers NJ the Inst neetipg.
NJ prsIAP sad had made the ,enark. aud a,
A A. .tNfA ia - ~.
present crisis ~he not sing 70 politics, but 70 the
siob the busiaess men de Intended 10 his mills
ior tnsse articles Tor which there 10 . market. I.
would be uerea.or able 70 10 ommena or AK q mana
faciurer "a stop mskpg ire articles for which be
q. narset There ought u be az o'gtnzed body
Of nspsfscturere. There ought IN be among them "a
s,socia,on similar IN tie Coro Exchsose 81 the
kpo~ge a. the state Of trsce could be gained thai
manufacturers would bpow when 70 stop. whom 70 cout
and when IT, run en- partial lime. II ~as ai mp,s
ftine about po.cs regulating trade Trade requisites
H. e ard preeut OF political parties had no.
ting To de- with The prssent oppression
The ppeaAcr vas heie interrupted BY gentleman de-
srre that 70 lesson IN political economy shoad be taught
e. TIC meeting
Mr. sIpln withdrew his motion after s,ms further
d'fc1ffcn
formty with tbe sentiments cxoicssed at tho meet
ing ia hs,ter remedy could bs oroaght forward be
s,ess e a% ,,s oa Io' -na 70 DC 90 YER
had pie nty ~ do The resolution merely rcconm snds
Ger Ain courss o. Action t. be pursued
The rBcRsrAEy saf that the res,luiloa met with bis
hsatv sporuvai For b,m,cf n. had d>erni,sd 70 goo
the runniro Of hi miu'fr ne nert siry dgyL
Mr. GAssED odered Abe f,iioshe:-
scoce tsht and ten uanths credit In i'm poll.c entail
Ing ~ d, 20 upon the ma,u'ac ihs guaranty OF
Lesry not AL other articles u merchandise, and also
that We vl our utmost endesvor 10 place bus.
ness Ailsst upor IN equsy with ether mercaa.lle int
resif IN this respect
IL oaorips nj, resolution Mr. @ did nwi,b clear
copyictop amer three years icnoc, that great
e., trouble accrs INST ufac,ure 10 day Il toer isa Of
g'virg irorcinaic credit for the articles maauacturcs
Iris icsoniiou rays that endorse every other ascls
o. ntfctI &c DcrIpe the panic 81 1867 the nsausc
paid Wbyf Bceanse groceries niue. be pail for In
eartwsre, bcos and shccs and Other articles tnn,
use, either for cmbeli,hment cruforl luvcry,
paid for At least four months ecfc tho dry ro)is
that 40 10 clotbe II there suy re-sou vhy na5asc
urer sh ,ul1 c1ttre W endorse III the brsncs on tas
city OF Pbisoeipha, ma 10 ssy 70 c'n,ase enf,rse
that Of every city IN TIE Americau Unhnf We paw
more interest and commiss'on than all the duty
levied by The Gated states f-r Imports
every mauutc,lrer vii consider be VIII dad
th,sc rrprescnt tins TO be trac n ID we're nos
shle 10 bay COTTON Tor cash. snd sell goods for
cssh would rid rso,ves OF 81 cas, too eommssan
mercfaru-,ho ono who hrinsp ue here aud The
ere no tsk.s the soods-an aseumolaton OF fourteen
Per cent
"a. ss'ed that when cotton brouett into
Manchester msrsst - " Tor prompt cash stloct,on
ms1e between ngc days and nft days' credit. IL
was recssary, said Mr. Glsssp that relieve on-slys
from cur rres'nt mode 81 endorsing II ws someininx
worthy o. consieefson snd vas urged N toe
priy Of The trade ctpenced more upon mat toaa upon
anything ess
Nj hTpy urgea ths alort10r a. tNs re-c'rt'on ne
ottrasierzo The creit sssssm bcirg the MT
Of The present ard rast tr ubes 10 the sciaFins
business To sell gooor, ~ n nos dnHe. tscivc
ncltks' credit, was cltfely ~rmg. L ent uoaths ~a
bad ennu1h. Even Tat cnua he ope entaiiins
serious iriury; b.. nlne, ten and twelve snoatts
were more than the ciclnstaoces OF tue case
called for. btrsin vas the grcateu ON utv II
vas tais c-uty uhica the presni sa'hcrsg ought 10
nesi and msesboidly He " surprtsri that gssascr
inicref, not .kcn 10 tbs subject nc ned
o. he anuise,arers o. Tnia cobs lie nsi csass 10
he when ueitcr 81 such mpor.aocs @ tas broagas
before them rud they OH 10, vote fur "a vita ssofty
they we're opposed ~ TIC rcsoutiau they sh,ia cav
no thei sas,d 70 u, LEI iacn uaasimo sy aad
With asacw IL intcus
Mr. CoSuY afro sdvocalea the rosaat On rc,,rr fern
10 clear, ooncse language, til evils q ended eti
tysum.
By tho cotton uercnaots - help siarx srs al hs
tgrense of tue usnusacfrrers Thty "a o pAy c.h
lor otion, and ray our PAPER whea dae We
have AZ inc esuks = rep up I'D al ihc note sbsvers
leep siive Now. We want N ~tn lnl. al N
eiey and scvsrce our own Interests resort 70
The cash system.
sr. trsi.r alec spake Il favor q tho resolution lie
Noufht there was perfect rrarmity upsn ahe .ahlAt
lie nueraed The ssbtnents u the prcslaus snossers
that tbe org crdt sys;em vas SUICIDAL - The .rufac
tuEcre.
ne resolution WIS nraiiy adopted unaa,rnou.,y.
GoyKRxoR crRriS on yuE rrrsoxAL LfsKsry Law
OF FINN sYLvANfA.
In speech delivered by Mr. Curtin the 10 viz eie-,ed
Govtrnor OF Per oss ivsn.s n PbsccpAa on toe Ist
nr he 'ad : The lar making 70 " Toe s..te has
never dtsgncdy placed upon oIg Statute bo,k ~ "a
oontravne obstuct the execution al any act Of The
isosra ruveTnnent but there b. any s;.su,ce
book wh.ch, 10 eject, do conrsvcne cnaac With any
esecuiicn o. any lac o. the rrncd safes upon seins
IDLY ssts0ed that such Ia the fact, saem
lfsrneu ard p-oopsed checrtsg) let us sho~ 70 the
South ard the North, and all the world, tou ~he renn
tylvsrs vinda,os her own interests and rights she ID
faithful TO The Irirp, and thst The right Of no state
man IN ,te ration stSlever be iarfsrei sh re,irc ed