Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1861-02-02
How SECEssIuN Works

The Washington correspondent of the
New York Erpress writes:
"A relative of Col j ohm Preston, of South
Carolina, states thut in e recent interview
with that gentleman, he Informed him that
he regarded himself as bankrupt, and that
all MS friends in South Carolina we're in the
same condition. including his brother in law,
Wade Hampton, always regarded as one Of
the wealthest men Of the South that there
was no money in circulation, and no possbili.
ty Of collecting debts Col. Preston is a
State Rights man and c0-operaiionist, but
he was not ultra enough to be elected to the
Convention. BY HE marriage with the
daughter of General Hampton, be is the
possessor of very large estate. II he, and
others of equal wealth, are suffering for want
of money, it may easily be imagined what is
the condition of persons Of moderate means"
The Washington correspondent of the
World narates the contents Of private let
ter from South Carolina, iu which the writer
says that persons who, at other times, are
we'll off, are sorely embarrassed for the ne.
cessaries Of life for themselves and their De.
pendents. There is but little money 10 cir.
culaton, and when our scanty stock of pro.
visions is gone, where to ge, fresh supply
none Of US can tell.-The premoutiou Of i'm.
pending calamity weighs down my spirits and
makes my nights wakeful." The writer makes
tue following suggestion -
al think if the act Of magnauimity would
not be taken as taunt, or construed into
giving aid and comfort TO the enemy, il tcould
be a good thing tor the merchants Of NcW
York to load vsssel wiM Jreadstufs, and
sedd them to Charlestdn TO be distributed
among the poorer classes, as au evidence oi
fraternal affection, which would be revived in
full force if South Carolina would give up
her unnatural position"
The same evils and troubles are spreading
themselves 10 Georgia and Alabama.
| II NORTHERN CENTRAL RAILROAD Con
PASr.--In the report of the Comptroller of the
State Of Mary land is the following item relative
10 the financial condition Of the above named
company
There was received into the treasury from
! this company, during The fiscal year, the sum o.
/ $4,000 only OF the 800 600 annuity due, il
accordance with the provisions of cha pter ESQ o
the Acts of Assembly Of 1884. In consequence
OF this default the Comptroller, required by
law, instituted legal proceedings against th,
company, and the eminent legal gentleman
appointed by your Exceency special attorney il
this case, in conjunction with the States attorney
of Baltimore city, has obtained judgmen
against it, and an injunction restraining tn,
company from applying the receipts OF the roa,
to any other purpose, except to defray necessar :,
repairs and expenses until the claim Of the Stat,
shall first have been satisfied. The quarterly
pay ments due from this company have beef
regularly received up to about eighteen months
ago. and it is to be hoped that the load viii
hereafter be conducted in such manner as I,
re-establish its character and relieve its embar
7 rassments."
The Philadelphia North American, referrin,
to these difficulties, says:
"The Northern Central Railroad is vehement
ly attacked by the Baltimore Republican, (Dem.
Ms in the interest Of Pennsylvania. The work
shops have been removed from Baltimore int
this State, and the organization, it is alleged
will soon also pass into the hands Of Pennsylya
mia. WE'LL seeing that the greater part OF tn
road lies in this State, and that nine. tenths @
the business is derived from it, this is not YER
extraordinary. The trouble, probably, lies i
the fact that the road wus built by Pennsy
while Baltimore expects to reap the whole benef
Of it,"