The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1870-05-23
Tbe GbafleStpm aems'
MONDAY, MAY %, 1879.

MONDAY, MAY %, 1879.
l19iss NEWsioF THEiDAY.
Gold closed in New York on Saturday at
at 14t.
.-Cotton closed dull at &c. for mddliug up
lands: sales 1000 bales
I'm Liverpool cotton closed steady at ''sd
for,uplands; sales 10000 bales.
The Atlantic National Bank of New York
ON Friday cashed forged check to the amount
.ossN0: Is.
@3oyernor Hoffman, of New York, has
signed the Staten Island Bridge Bill. The
work Will cost 81, ,O0o, 900, aHd will be begun al
IAN early day. :.
s The. old fashioned but sensible gingham
sun bonnet will, 1t Is said, be all the 60 this
summer at the fashionable watering places.
1t is now confidently stated that Mile. Mis-
sons tour In this country is to be managed oy
Mr. PIT. Barnum.
by the decision Of the arbitrasors the yacht
sappho wins the three races with the Cam
bria. and ls now the champion" yacht OF the
world.
lThere are nineteen candidates in the field
for the next Governor of Pennsylvania, and as
many on the Republican side in New York.
1T is q little singular that every Cuban gen
eral officer Of note is just now in New York.
Doubtless there is less danger and privation IN
that city than on the island.
An Englishman was last week taken into
the New York gold room without being told
what place it was. he thought he had got
into mad house,.
In Boston permits are now given to grind
a hand organ or peddle fruit. only to persons
who can show that they are In really needy
circumstances, and have no other means of OBJ
tanning livelihood.
Washington correspondents saNthe white
wash has been carefully prepared and will be
literally applied to coverup the transactions
of the immaculate head Of that partisan ma
chine, the Freedmen's Bureau.
The evidence in the Georgia corruption
case roes to show that Forney was not exces-
siyely modest in his advertising charges; the
report is Ss!d- to be very damaging to the
standing.o of two Radical senators, denionstra-
ting that they knew. what the word "bribe"
meant, pecunlarily.
The Mace-Allen, fight was noted for Its
s.geutlemanlyn conduct. In the long sparrlng
of the FIRST round Mace remarked, sits like
two brothers aghting;n and Allen answered,
tsThat,s so, jim" When Mace struck Allen t9e
first blow In the stomach, he asked, 9HoW~do
Won like the darby Tom?" And when Allen
drove Mace's breath out Of him, and made
him gasp, Mace remarked, when he recovered
and came up again, "If you do that again, Tom,
plthave to hit you on the nose" and Allen
laughed. When Allen cut through Mace's shoe.
into his left foot with the spikes, he said, ~
beg your pardon; dldt mean to" and Mace
smiled as he responded, "An right, Tom."
Tho one hlmdredth anniversary Of the
birth OF Beethoven is to be celebrated next
month by a musical festival on scale never
heretofore reached by the Gothamites. The
projectors claim, ,of course, that 1t will surpass
even the memorable Boston jubilee of last
year. An i'm mense: building Is to be eretced
on Third avenue, sufficient to accommodate at
least q, 900 people; a chorus of 5000 voices,
and an orchestra of 1000 pieces, among them
the Handel and Haydn Society, and Gilmore's
renowned band, are announced; Mr. G. will
alsobe one Of the conductors. The principal
feature of the festival will be the combination
of star artists from all the operatic organiza-
tions at present In America, with many
foreign artists frepute.;
Charles Bowles, Esq, Of the Paris bank
Ing arm Of Bowles Brothers, recently testified
before the Ways and Means Committee on the
policy and practcabIllty of funding our ma
tionaI debt at lower TIE Of interest. His
,testimony, which is very voluminous and very
interesting, has just been published. BE claims
that agreat advantage of the dissemination Of
small bonds among the people of the various
countries of Europe would result in more
general diffusion acknowledge ofthe resources,
power and geography. of the United States,
and consequently In an increase of immisra-
ton. The proposed mode of funding the debt,
being without constraint on the part ofthe pres
ent bondholders, or orcoercion on the part ofthe
government, is a new thing in finances for
European countries, where the usual process
is, in effect, forced conversion, and therefore
would be an especially interesting fact 10 place
before the middle classes holding our bondsdn
Europe. He felt 80 confident of the avidity
with which the bonds would be taken up by
the smaller classes, even at four per cent,
that he said there would probably be de-
mand for three times the necessary amount,
provided they were made payable in the three
international currencies, either dollars, francs
or pounds, at the fiscal agencies Of the United
States. -.
The sad ltfe-history of Theodore Clay, the
recently deceased son Of the Sage of Ashland,
Is thus told: SAT thirty years of ass, Theodore
Clay was promising lawyer. He was the
image and the hope of the statesman whose
fame was on every tongue, though there were
whispers Of wild living andindifferent morals,
(which were generally condoned as follies of
youth At this turning point of his life, the
young man began to pursue with unwarying
perseverance young lady of Lexington, whom
he had long hopelessly loved, and who Is now
one OF the brightest ornaments Of Kentucky
society. She repulsed, firmly but kindly,
every attention offered by the infatuated