The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1865-08-25

I.~SoASSN OpcN Ou1On pr1-
soners, and the nunaberless other
atrocities which were from time to
"ame committed in defiance OF the
usages of war. The continual delay
That has occurred in bringing Wirz to
tr1al, which has now been impending
Tor upward of q month, argues
strongly in fsvor of the aboke state
mont. 1t is known that Wirz has ex-
pressed his desire to make important
revelations as to the extent that Davis
was implicated in the oltrayes OF the
Southern. prisons.
IMPORTANT DECISION has been
the practice With many banking insti-
t'.nons to discount paper for their
customers, upon condition that q por-
ton OF the proceeds shall remain Oh
ueopsit; III other words, ii a. those
VINO Keep the best accounts, or larger
deposits, are entitled to the largest
tavore from bank. But this should
never torn q contract or agreement
DeewetA the borrow,r and lender. In
s1e Court of Appeals of the State of
New 1ork, III the recent case of s'rhc
lass R1yer Bank, RESPONDENTS: VS..
;Anson 2. Hovt and others. APPEL
SAINTS. 1t was decided that an aerca-
Aaens' by whleil one seeking discount
at Il bank ls required to obtain a dis
count of paper amounting 10 81, 500,
10 secure the application ,.o his u.c of
oA'ooO OF the proceeds, without the
right to Use the remainder thereof.
except in payment of the payment dis
ecaatcd, when il. shall become due.
renders Nelruus1ctivn usu1D,ls lu1l r0;d
1t would be well for banking institu-
tions to bear this in mind, for they
VII be occasionally importuncd tor
iolns by needy persons, who. to
OBTAIN discounts, viii be randy.so give
assurance that liberal portion Of the
proceeds will not be called for, and
rni: the deposit account shall here
:it~r be kept up. Any specific agree
lnont or understanding wherein the
borrower promises to leave IL certain
Or uncertain portion Of The sum bor-
rawed IN the hands Of the lender is
declared to be q transaction i'm viola
ton OF the usary laws OF the State.
Bankers lAuyuzinc
ENGLAND and FRANCE AGEIED.-A
few weeks ago the puris papers an
nounced that with q view to promote
general pcscc and reconciliation, Eng
land and France have come to an un-
uHIntandlng respecting the various
questions which may arise from. the
present state of a&lirs IN America. ~
Al the time, this statement was de-
MED, bus it appears to have been true,
md IN his dAspatcn OF July S:h, to
the British Minister at Washington,
Lord Rnsscll not only admits it, but
frankly sends forward the correspond
c1re. He thus writes:
Part OF these enclosures consists of
dispatches to and from Paris. Her
Malesty's Government never can ad-
init that, IN presence of a great war
which interrupted and destroyed u
friendly and useful commerce extend
ing about three thousand miles of
American coast war reducing great
numbers of industrious families of
both nations to poverty, and affecting
a. whole continent-the Governments
of England and France should not, as
far as possible, act in concert, in pur-
suance not of any formal engagement,
but OF mutual understanding.
The understanding" is said to
have been based upon distinct pro-
position from Napoleon to the English
Ministry that Mexico and Oanatla
should be equally held against the
United States by allied French und
English bayonets. It is further af-
firmed, however, thai England %rss
unwilling to place her tenure of
Canada upon the same footing with
Napolcon's failing hold upon Mexico.
1t is in seasons of sorrow that love