Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1867-06-21

able men in the command, and we refer to
him for the reason that he is one of the few
men of whose character We eau speak with
certainty, and not for the purpose of fixing
him with an infamy that could distinguish
him above his fellows.
This band of armed deperadoes, seething
with hatred toward our people, and falsely
pretending to be the guardians of the law,
| began their depredations upon us by wan
ton searches of our homes and the seizure
of our property, falsely pretending that
| they had authority to search our houses
and seize our stock as the property of the
United States government In the exercise
of this pretended authority they have
robbed us, cursed and abused our wives and
children. and denounced all who ques-
toned their right. They have taken from
our farms the means of making their crops
| in some instances, and appropriated the
property so taken to their own use. They
maintain their right to take the property
of our citizens with impunity. They have
kept our community in constant terror by
threatening the lives of many of our citi-
zens They went to the house of one of
oar citizens in the night time, and fired
several shots at him, and he saved his life
only by flight. They took another quiet
law abiding citizen from beside his hearth
stone, and despite the tears and prayers of
his wife and aged father they took him to
the woods and shot him down like a dog.
These red-handed murderers are still at
large, and are denonncing the most terri
BILE vengeance against all who question
their prerogative to rob and slay us at their
will. Impoverished as we are, many of our
people In that portion of our country have
been forced to abandon their houses and
| their growing crops III order to save their
lives, and IN every part OF our country our
people are filed with fear and apprehen-
sion =; and, indeed SO absolute and COM
plete is the reign Of terror they have inau-
gurated, that many Of our people are afraid
to meet with Us to peaceably present our
wrongs to the consideration of your Excel
lency. This terrible state of affairs is be-
yond endurance, and inasmuch as this
cruel, bloody, lawless band was organized,
AIMED and set over us by our State author
iities-inasmuch as it is your duty as Chief
Magistrate to see that the laws are faith
fully eXecuted-inasmuch as we have the
right to peaceably assemble Ourseles to-
gether to petition for the redress of our
grievances, and inasmuch as we have an
abiding confidence in your sOhcitude for
the welfare and protection of all law
abiding citizens, without reference to their
antecedants or political sentiments, we
to, if you question either the propriety or
expediency of removing the lawless band
which is depressing us, that you will send
to our country a sufficient number of Ma
tlOnal troops to protect our persons and
property and bring to punishment the muir
derers OF our people.
Financial,
The ''Act to establish an uniform system
Of hon 40 Init n1I
States'' went into operation the 1st instant.
This is the third time in the history of the
nation that National bankrupt law has
been established The first was enacted
April 1, 1900, and limited for five years, |
but it was repealed in less than three years |
the second was passed August ~, 1871, ana
was repealed March 3, 1913 the present
act was passed March 2, 1867. 1t is to be
hoped that this act may remain in force |
until it can be fully tested. All the State |
bankrupt laws are suspended under the Ma
tiOnal law.
As an illustration Of the rapidity with .
which the conversion and purchases of the .
100 notes have been pushed forward it is
officially reported that $15l, TAG, COG have |
been taken in by the Treasury Department .
during the four months ending June l.
We learn that of these 81, 900, 900 no less .
than S54, 472, 900 Of the several series were
retired through one banking house-that of
Jay, Cooke 4 Co., whose purchases of
United States securities during the four
months in question are said to amount to
the aggregate of $33S, 948, 300 at their New
J DIRK house alone.
On Saturday last the United States Treas
ury held the largest amount Of money ever
held at any one time since the organization
of the government, to wit; $780, 600, GOO,
currency. This amount was reduced $l0,-
OO0, 600 Oh Monday by the maturing of tie .
June compounds and interest, and on the
18th instant Will be reduced &9,O00.OO0
moro by the interest on the June 7-30s.
Baltimore SIM, 1914 inst,