The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1866-09-05

! $nhiaarine telegraph between tho United
States and the West lndu Islands by way Of
Cuba.
Secretary McCulIOch on tho Finances.
Secretary McCullcch being Oh q recent
visit 10 his native New England, was inYi;-
I'd 10 dine with the solid men Of Bost On
| The letter failed 10 reach him till after his
"tn,rn 10 Washington; bul on the 18th in
slant nc responded, showing why he could
no; accept, and speaking OF the national
finances as iUiloVs:
Although it was hoped that ere this the
currency OF The country would have been
brought nearer 10 the specie standard ]
an sure the people have cause for congratu-
'niiru that our finances arc ia SO healthy q.
condition "s hcy arc
"Sincc arch, 1865, the war has been
brought TO u successful conclusion i'm .
| inrnoc ar:rics have been diSbunicd; every
soldier has been paid before being music, cd
| cot OF he service; all maturing obligations
of The Government have been satislMct orily
provided for, while he national deb, i.
nearly $3.50. 100000 less than cstinnt cd il
would be at the present time, and the re-
'lU@!i"n OF il has averaged for the past
year, more thnn Sl0,OO00OO per month.
II no other nation ever rolled up debt SO
taNIdiy, none certainly ever commenced the
| r." 'uliion OF its debts SO soon after it's ere.
ni.un. II our currency is deprecated, we
;lHtr 50 ii.r escaped tho financial troubles
'"nt Usually occur among nations nt tho
close Of expensive wars, and which there
wna v,"aam 20 Hrprchcmd would happen to
| ''5 ~ F.c tcrinl aii"A OF The great war in
"! ic.' We have been engaged. ! The husi.
nnSS g! The country is coA1uciud uNJn
changing ana uncertain basis, il has Nr,m
u s,,i IA,
tnNv& are heavy, o"r resources ~" %Inus,
unlimited. while The disposition OF ,.n r.a
pic To bear checrrul!y their EurIaua !,
surprise oven 10 those WHO havc tic prvat"
est confidence in the 'ouog OF .,oI i:.ijm vC
| ~ free people. In my ui';nn, ,H0 rcopic
Of thc unitcd States arc 10 make rcp,ihii-
canism jt'';strious among iLc nations tv es-
! t"hiishimg lie fact nNt tho securities Of
repub'. can Govcrnmcu! arc the safest of nIt
securities, and thai '!,n people who impose
taxes upon themselves are the most Jealous
| OF their national credit.
10 not, however, disguise tho fact that
great financial difficulties arc still 10 he
overcome; that our present prosperity is
rather apparent than real that VIC are mca.
snring values by q false standard; that We
| arg, in fact. exposed 10 al. the dangers
which attend an inflated and i,redrrmable
currency, which dimiui$iles labor-lhe true
source of national wcal.h--and stimulates
Spccu!aiions and eXir&NNgancr which lead
inNAriaoly 10 thri:iles;uess and Neinovali
Iaii1n Before the country becomes again
really prospcrcns, ihr specie standard must
be restored, prices reduced inUusiry stimu-
lated, lhe produce: Of he cGuniry incrcas.
| ed. thc BALANCE of'u%ic between the United
states and othn, nations cease o be against
us--ail the glea! interests of the country
cared for and protected by wise and impair.
| tial legislation, and all sections OF the couu.
Iry to be brought again into harmonious
aud practical relations with the General
Government.
Tiiat the country will be again thus real
~ prosperous is as certain as anything in
the future. That il should be 30 at an ear
~ day. md that too. without n financial cr-
sis, 1t is only necessary that there should
he proper legislation BY Congress, economy
in the public expenditures, and fidelity on
'he rart q! those who arc crlrusted with
the management OF the public revenue
Trusting that you will pardon me- for
writing so long letter in acknow lodging
the receipt OF your very courteous invita-.
non. remain, very truly, your obcdicnt
servant, lIUGu MoCuLLoCM.
The Canadians have finally recover
cd from their scare about the Fenians.
They retain, however, dcep.scaled
conviction that an invasion will take
place next month. The time fixed is
Ill" 20,h or 25th Of september, when
great influx Of strangers will result from
the holding Of all agricultural exhibition
a. Toronto. The Herald says that evi-:
iences of an Intended movement against
the Provinces are not wanting on This
sitc Of the border either. The Fenlan
ordnance stores arc rapidly increasing,
aud money is forthcoming literally.
Con. Swccny, this morning, denies that
he made ovcrLnres for a fusion with the
; Stephens faction. Mr.. Stephens SAYS
That he is willing and anxious TO restore
unity and harmony among ,hc adhcr"n,s
!. ol both wings 1t is rulmoured that Col.
Roberts has preferred charges against.
Swcrny for misrepresentation oS she 81,
nian funds formerly in his posscsai,..
The latter issued an order on the 25ll,
which looks like preparation for war.
He orders the reorganization Of The mill.
tarv branch of each Circle, and for ll,aL
purpose he calls fort appointment of
several competent military men. Abont
Two thousand persons attended tho Fe-
man pic mic at Bellevue Garden. near
New York, on the 25;h. Mfr. Stephens
delivered an address onthe character Of
he Irish people and the mlluenc, Of The
f'cnian movement.
--i.---<--s . .e-s.-.-r-i-- "f "
IRoH-cAsED lloRsEmEN.--The Prus-
sian correspondent of the london
Times writes that many officers and
men In the Prussian cavalry were vic-
tins to terrible sword cuts, which,
coming down upon the shoulder, cut
tclean through the shotilder-blAde and
often deep into the body--awful me-
MORALS of the strength Of TIE arm Of