The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-06-09
Tho True Principle .


The New York World. in answer to
the inquiry, whether, in case the Balti.
more Convention decides not to make O
nomination, with view to supporting
Greeley. that journal and the Bourbon
Democrats would run @ ticket OF their
own, replies: ''Certainly not. for we will
not shoulder the odium of eleoting
Grant" We like that. It goes far to
reconcile us to the wayward, and to us
suspicious course, which the World has
pursued, in SO bitterly denouncing Mr..
Greeley since the Cincinnati Convention.
There must be unity of action among
the Democrats. or else the day is surely
lost.
From all the evidence which we have
been able to gather, we feel very conf
dent that large majority of the Balti-
more Convention will favor coalition
with the Liberal Republicans, 90 far as
the Presidential canvass is concerned.
If the minority of the Convention will
only have the good sense to acqniesce,
promptly and heartily, in the action of
the majority, the struggle will be hope
ful one-almost certain success-from
the start. The World, Mr.. Voorhees,,
whom we most highly respect, and all
other over. jealous Democratic partisans,
may strive as earnestly as they will to
persuade the Convention to their way of
thinking. The only fair requisition
which can be made upon them is. that
they will obey the voice of the party to
which they profess to belong, whatever
that may be, provided it does not violate
any recognized principle of the organi-
ton.
Such We believe to be the true theory
OF duty in regard to conventions. The
grand if not the sole object of political
gatherings, OF the kind, is to secure
unity of action. We cannot conceive
for what other purpose nominating
convention is held. This being granted.
it follows, as matter OF course, that
there is tacit agreement, on the part
OF all who participated in snch consulta-
tions, to abide the decision of the body
made without fraud and in consonance
with the general objects of the organiza.
ton. But what is proper and praise.
worthy for the ultra Democrats to do in
this regard. cannot be otherwise fer the
liberal Democrats. Should the Southern
Democrats be mistaken as to the sup
posed majority of such as favor Greeley
and Brown at Baltimore, and find the
majority against them, and advo eating a
straight ticket. they must acquiesce in
the authorized and duly expressed iudg-
ment of the party. Honor and good
policy alike point to that course. They
will have taken the chances of vote az
Baltimore. and must accept the result,
whatever it may be, whether as they ex-
pect and desire or otherwise. Besides
that. all rational people must see that
split in the Democratic party must in
evitably secure the Presidency to Grant.
A BIG STEAL-SoME FACTS ABOUT THE
COTTON SEIZED AT SAVANNAH. The Now
Orleans Times has received from friend
at Washington brief history OF the
sales of cotton seized at various points in
the Southern States, near and after the
close of the war, by the Federal auth ori-
ties. With reference to that seized ut
Savannah. this statement shows that
2,0z4, ,673 pounds of sea island cotton,
worth at the time-24th of December,
1864-$2 so per pound, was reported as
sold for 81. .657. .231.77. when it was worth
$5, III, ,682 SO, showing ali unexplained
loss to the Government of SO, ,454, ,454 .93.
For the upland cotton seized at Savan.
nah-16. 034. 415 pounds-worth from 81
to 81. "a per pound, the Government re-
ceivod only $6,418, 600. SO. showing an
unexplained loss of $9,6l5. .e1464. the
real value being, at The aboye minimum
rate per pound, $16.034,415. Who
pocketed this difference is not known.
exactly, but it went into, Of course, loyal
pockets, and enabled the loyal robbers
to set up ss millionaires, and divert at
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