The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-10-29
NEWS OF TIE DAY,
Gold at New York yesterday was quote,

-Uoiu dI NOW i OTk yesterday WAS quoted nt
28s.
The New York cotton market was quiet
and dropping. Sales 1000 bales nj 26Ic
AT Liverpool cotton closed firm; middlng
upland I'D; Orleans l2Ad. Sales ID, 900 bales.
-'Tis said that Father IIyaclnthc Is going
ont West.
jefferson Davis is said TO have accepted
the presidency oil IL life Insurance company In
Memphis.
1t is roughly estimated that the reduction
Of tho public debt during the month of Octo-
Der will amount to eight millions.
Isabella II, the cX-Qucen of Spain, has pur-
chased near Paris small property belonging
to retired ohi1ronicr, or rag-pcker, OF the
French capital.
Mr.. John Swinton, for many years an edi-
toral writer for the New York Times. is writ
ing work entitled "Tcn Years OF Journal
ism," which is likely to be very interesting.
Tom Thumb has been rendered disconso-
late by meeting man smaller than himself in
Wisconsin, and unsucccssfuy cndcavorcd TO
call in all the shorts for his own speculation.
Thomas Walker, editor Of the London
News, has been appointed by Mr.. Gladstone to
the editorship Of the London Gazette, sine
cure with q salary of 500 gold per annum
The course Of General Mcmahon, late Uni
ted States Minister to Paraguay, has been ap-
proved by the government US being marked
by commendable diligence, discretion, dignity
and frmness.
The forthcoming publication OF q newspa-
per in Washington, to be edited, written and
read by the "best c0lored talent Of the cou-
try," is announced by one Of FOrncys papers;
80 that 1t seems probable that no such enter
prise is contemplated.
The Virginia State Fair, which commences
Tuesday, November q in Richmond, is the
hrst In that State since the war. The new
grounds comprise sixty acres, and are nearly
covered with the new buildings. The entries
already exceed those Of any fair before the
war, and those from tho Northern States are
five times as great. President Grant and his
Cabinet, OF course, will be invited to be present
Railroads and canals, although in opera
tlon night and day, prove to be- insufficient for
the transportation OF the grain which the West
desires to ship. At Buffalo, on Saturday, re-
solutions were passed asking the presidents of
the New York Central and Eric Railroads to
Immediately give further facilities, as it was
impossible TO- fiji ORDERS for points in the intc-
SIor, At the present time there is nm unusual
the Erie Canal, occasoncd by The recent fresh
cts, having occasioned q great accumulation
OF freight.
The London Times prints Mr.. Langc's e1-
PLANTATION of the report that French vessel OF
experiment had stuck In The mud of the Sucz
Canal, and was extricated by being forced
back again. He says the vessel was the hca-
Willy armed Egyptian corvette Latif of three
hundred horsepower, which turned bnck, as n
matter of course, because, on the 18th of Sep
tember, the Bitter Lakes were not yet open.
He asserts that vessels can move through the
canal ata speed Of five or six knots m hour
without injuring its banks, and that the entire
way from Said TO Sucz will DC assurcdly open
for oil ships on the 18th Of November.
The press laws In Russia, II Ia announced,
will soon be made m,lch more stringent. BY
decree issued four years ago, the principal
journals of Moscow aud ST. Petersburg were
relieved from the control Of the censorship,
but were still subjected 10 the notifications u
which, in case Of u repetition of the offence,
was followed by fine, suspension and cOnllsca-
tlon. This restricted liberty, the Russian Jour
nails anticipate, will bG withdrawn in consc.
quence OF the fears entertained by the rcac-
honlsts In the public Offices, that the State is
exposed to serious dangers from even the pre-
sent limited relaxation of the censorship.
The Onondaga petriiled giant turns out tG
be only rlldcly scniptured statue, the work
Of Canadian stonccuttcr possessed with tho
mania that he was second Michael Angelo
and attempting to embody his ideal of ST.
Paul In sandstone. He worked In secret, and
the fruit of his labors WIS only revealed on hi
dpathbpl In n fpIloV-Workman WIN hod ron
dercd him kind Offices during his sickness
Tho con1danL conceived the idea of making
use of the statue to pepetrate II hoax on his
neighbors, which he did, IL seems with com
pletc success. He buried It In an old ditch
and then discovered IL at the proper time and
In tho proper manner to create the impression
that 1t was great curiosity.
1t is now an aBcertained fact that Genera
ButterGeld has resigned his position as AssIs