The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-09-16
CURRENT TOPICS.

va have uuihin,; ihan materially n,.l,tics the NV
pcSt OF tho situation prrsrntr. in umr last
WOW vr il. Thr worm onimrs IL lc tho htir nor
of most uf tile rnilun planters. II mot as lair as
tho moon, bright ~ the s,i', he is ter
rible, according TO current accounts in the terri
tories at king Cotton sufficiently defect and |
bankrupt III ali conscience, without this vista |
tiun than many aInlins mairhn" with hinuprs. |
should the reality "f iosscs by the worm prove 10
lie nnc.hIf "f mlal tlicy nov appear, according
tp the representations II the sull,,crs. VIZ
would be fully juutiicl in expecting al |
most unanimous abandonment irir part
OF tho cultivation Of cotton .:al'cly ANY e"lldi-
t0n Uf mind short 0s auk Insanity r"nl'l 40 h"lsGr
up hope anu courage as iu induce these planters
to stake heavily another cotton crop against
| tho fearful contingency OF the worm. But, rs 4
\ celebrated Democratic Journalist used 10 say when
hc believed that his party, III the iiual result,
! would belle present adverse appcarances-npRs
rlyruns. We venture To 20 further and to say that
| VIC do not anticipate n general abandonment of
cotton cultivation by tlIusr WIN have suffered
from the Many planters, howe, crwo
hope al lcast-wl no persuaded. l,y ihc peril Of
| .he worm, added To variety Of economical con-
| silcrations to rctnco their bicatlis or cotton,
and give prOportionatc increase to food
| products, So that whatever may Happen 10
that staple, they can bc assured OF sub
sistcnco for themselves, their families and their
employees, without png lcliun upon ussa in
crushing accumulation at debt. Planters must
come down, come up rather, to the lutming
system, before they will lind themselves in COM
Portable accord with the cxisemrics Of the new Or
der Of things. They cannol afford 10 raise cotton
Oh borrowed capital, in present circuuist ances,
with the prospect of having to devote the bnk of
it's proceeds to purchasing earn, meat lorscn and
| ,,.aS T1,n,-rn atray sio aij t1u DT
reckoning They mus, strike a balance auri square
up at last, or somebody else will do il for them.
And, they mny rely upun it. tho sooacr they cont
nence thework of ofliberaing themselves ilUm dcpon-
dence external sources OF subsistence, tho moro
oasy will IL be TO adjust tlcir nairs healthy
basis the moro credit will they have with thr
banks and factors, and the better prepared will
they be for tllc profitable cultivation uf cotton.
Y Without such conditions, hardly RoruscmILp,
u werc lie now planting in the Southwest could
afford, year after year. to take The ris; Of the ca
prices of labor, OF The uncrr antcs of Seasons,
T. and of tho yisiiatiuns of the
From AN interesting account ur the pawnlrukerR
or Paris, wo make tho following extract SAN
Glasses, we have said, resort to the Mont ,o Icio
ar TO OF it's branches; but Of course the uri-
sans more frequently become borrowers Than pro-
prieors, and the attendance Of the poor is larger
Than TINT Of tho rich. or 1910 customers 731 wero
workmen, l12 small tracsmrn anu manufacturers
D 81 proprictors, or persons having funded property
30 clerks AMI hired help u professional nlc and
soldiers. But the richer classes borrow lnOrc in
proportion 10 their numbers tliau the pnor ~ will
appear from the analysis Of ltalls Ia the amount
of l0G1 francs Tho email traicsmon and mnuh-
faciurers borrowed 3i7 franr- the propretors and
holders of property lii francs: professional men
Gl trancs clerks and employers ri francs: snhlcra
! 10 francs; AMI workmrn :rI0 francs. 1t will be
, seen that the latter class borrowed less linn
the small traIlcslucn aid manufacturers, ui-
though seven times as numerous, up
spears from the statistics gwen above. This dis
proportion is in part explained by tho fact that Of
900 annual loans. 1,0j0, zoo Tor sums be-
tween three and ten francs. Tho number of loans
made actually by means Of the Mont tic Piete in
various pats OF France is J. 100 n00 amounting in
valnc to ~, ,0nD, 600 francs Payments Of loans and
| the consequent rcdcmp,ious OF pledges arc about
, 9,300,000, exceeding in value $4,000 900 francs
Pledges sold, iii default of redemption or renewal
of the contract under twentieth part of tho
whole number originally made, amounting in vai,lo
to about two millions and = half OF francs. Tho
average duration OF time for which articles are
pledged is seven months and half. Ot the whole
number Of transactions made annually, rs stated
above OO,0do, representing sum of % 600 ono
| Earis.
THE N Y. TIMEs thinks the prevalent goom at
the South unnecessary. It is an oyror To supposo
that it must pass under The domination of The
freedmen. The white males amount TO Q l3s, ,SG9
the freedmen to ,290,9il There is at this time n
majority OF freedmen in Mississippi OF 1910, and
IN South Carolina OF G49a But there will be 4
large whto emigration thther and no black, 80
That the supremacy or The blacks will he tempo-
rary. The South Should learn it is no longer
an equal section. It's staples, however, nre intis-
pensabla 10 tho national wnut, and VIC must
go into lcvcc building in order to preserve our
cotton and sugar. It insists OIL the South
expanding its commerce with the tropica,
and building up its manufactures. Much Of its
territory ia mountainous, and should be doyotod
10 forging iron md spinning cotton. II snggests
that the colored women become operatives Tho
freedmen's expenses arc far greater ilnn before,
this nccesHitates homo manufactures or excessive
| impovorishment. On the subject OF city govern
mcnt it claims that no proposition is more likely
to meet opposition than The ono which cuncon-
tratcs the power in the hands of the mayor nav
given to commissions. The question ia whether
departmental efficiency il possible, when these
commissions are brought nndcr tho Ioen popular
vote. Those advocating the commissions claim,
that Now York is ali exceptional community; that
| its fundamental law should be loxilo to accommo-
date itself to incossant changes, and would civ.
| the legislation ample power for that purpose. Fow
| responsible citizens desire tho abolition Of the
Health Board and Metropolitan Commission.
| BEFORE THE AUDIT Board Mr.. FERNANDO Woop
appears in now character, namely, us private dis
burser OF public funds. Ono WilLIAm HAYES
brought before the Board his claim, for s220Jg g7
"for services rendered in Corporation Attorneys
Office" from September, 1863, to February 1865.
Mr.. HAYES testified that he had been performing
snch duties in the Office Of tho Corporation Attor-
ney since 1860, but conld not tell by whom no was
appointed or by what authority he acted; hnd re-
| ceived nine hundred dollars from Mr.. FoSQASn
who was then Corporation Attorney, on a back Aac-
count; ono MCKINNEY performed similar duties in
the Office; had received money from MCKINNEY
| but nothing on tins account; was not employed by
MCKINNEY, nor was thero any arrangement be.
tween them. Mr.. Fowler testified thai during
the period specified he vas Corporation Attorney;
| that ho did not appoint otbor HAYES or acKIN-
NEf; did not make any appointments; all tho ap-
polntments were made by FERNANDO Woop, who
| sometimes delegated his authority. MIR. Woop
| rented to tho city, at very handsome rate, the
Offices which the Corporation Attorney and his as
sistants occupied; WINS it one Of the privileges Of
Mr. Noon landlord N eay ,ybo cl,o,,1 ho nv,