The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-03-04

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The current number OF the Galaxy has pa
per entitled 'gfhe Secret History of Subsidiz-
ed Organ" ndrratinB i'm circumstantial mar
ner which carries the impress of probability
with it the incidents Of the purchase Of the
London Morning Chronicle by The Emperor of
the French. Tue glst Of the story is substan-
tally as follows:
An American, from Charleston, South Caro-
lima, whose name is concealed III the present
article, acted for time in 1857 as The Paris
correspondent OF the Washington National In
telligencer. His letters expressed extraordl-
nary admiration for the imperial policy IN
France, in so marked O manner as to result in
| his dismissal from the 1ntelgencer, and
important still, as to attract the attention Of
the Emperor himself. A man who could write
good English and also sincerely believed III
| Napoleon III. seems to have been esteemed q
precious discovery and the, Ssuth> >Garolinia1 a.
dSlfE det sGcfdIaFy, was informed that fortune
was ut his feet.
at this time the Emperor was regularly pay
ing hundred pounds sterling month (Which
seems to indicate that those were very cheap
daJs) for tho privilege of inserting in the
Morning Chronicle, the oldest and one OF the
most respectable daiics IN London, suoh news
and editorial expressions as he saw Mt 'Ihe
Paris correspondent Shortly after, the paper
being badly involved iIr debt and in danger OF
the bankruptcy court, whero exposure OF its
secret relations with the French throne would
be inevitable, the South Caro,mian was au-
thorizod to buy tho Morning Chronicle out
right, free of debt, for the sum OF eight thou
sand pounds sterlng. The Emperor supplied
the money, but tlc American was TO Do the os-
tcnsibh purchaser and owner. In arranging
the details of this delicate arrangement mon
arch and journalist met, and the latter was
graclous sly assured Whatever happens, 1
cnarsc myself with your future" This prom
iso. iowevcr, was forgotten at a later day.
Tho purchase was duly Effected; but tho
American being. very bud man OF business,
his troubles began with the accession OF prop
crty and responsibility. Through lack OF care
on !,is part, or an undue confidence in his soil
citors tho llocds of transfer made Linn respon-
sible fOr tho old debts OF the paper. Mocquard
refused to incur the dlsplcasure OF the Empe-
.ror BIZ revealing to him this unlucky Dlunder.
The subsidy allowed 10 the sheet WINS enlarged
10 eight hundred pounds month; but out OF
this the owner" had to fray, Constant
stream OF old dcbCs OF tho establishment, to
pension off certain -riters who lad gained the
secret Of the sptGdy and who threatened to
bctray it, a6l moreover to keep above water.d
~oNcr tl,e popularity Of Which steadily decreas-
cd us it more wirmly advocated the theories OF
the new. empire. The South CarOlina
gentleman was too. much fascinated NTH
the pleasures OF Paris to cxre himself per-
,Dancntly Ill London. Mr. Thornton. Hhnt,
son OF Leigh Hunt. tho. poet, Gyas engaged as
editor ut a salary Of twelve guineaG week, and
| the owner made only occasional flying visits TO
| tho English capital to supervise matters. but
| financially affairs went from bud to worse; per-
pc.ualiy threatened with arrest for debt in
London, and scoIed by his Paris employers
Tor not making moro OF the paper annoyed by
Tue Duke dc Pcrsigry, the French Ambassador
| in England, who urged the emperor to srend
no nero money on a worthless organ, tho
American gcntlcman's hair grew grey and hrs
frame cuaciated by anxiety. At last, after
inurtrcu months IF This life, he was only res
| crlcd rom nprisolnlout FOR debt In London
b. . check Oh the Baring3 for three thousand
pounds, wrrng from tie Emperor at thu ia4t
! inc,uunt by the persistent efforts oil tho Jour-
nalsts wife. The Chronicle was taken out OF
his control, and soon after ANONYMOUSLY died.
Tlfe singular article in the Galaxy, from
which we have condensed this statement, men,
tions Incidentally that the hero of tho story
was at one time possessed CT the Empcror's
own scrap book of articles cut from the Lon
don Times, all treating OF the policy of the
French Government, and full OF contradictory
opinions. This was made valuable by numer-
Gus annotations in tic Emperor's own hand,
mostly of sarcastic character; and Mr.. John
Bisclow offerod' thousand francs for 1t. The
custodian-who was intrusted with it to aid
him in crushing the Times in the columns Of
The Clrroniclc-dared rot sell it, aud it was
eventually lost.