New national era. [volume] (Washington, D.C.) 1870-1874, 1872-05-09

ignorant and unlearned may avail themselve
of the counsel of good and judicious men
This is greatly needed, and produces happ.
results, when rightly administered. If tn
| finances of the Bank continue to be pru
IDENTIFY managed, We see no reason why
should not become one of the most powerful
corporations in the country. The Branch il
this city, after four years. struggling agains
opposition, Misrepresentation, and false re
ports industriously circulated by its enemies
to impair its usefulness, is approaching q
condition in every way gratifying. 1t il
daily growing in popular favor and confidence
We take no little pleasure in according t.
many of our stounchest conservative citizens
the credit of having assisted greatly in build
ing up this Branch. Indeed to tell the whole
they have shown more concern, and have
entered more actively and heartily into the
work of bringing in deposits than our Repub.
lican friends, with few honorable excep
tons. One gentleman, we are informed
went so far as to raise the pay of his EN-.
ployes on condition that they would deposit
some of their earnings each month. In this
way he induced quite a number, both white
and colored, to deposit in our Bank. We
append statement of the business of this
Branch for the week ending April 90. 1872
Total deposits for the week. .sl1, 1874 S.
Total drafts for the week. ..... 1903 72
Gain for the wool 90 ooo go
THE POLITICAL OUTLOOK
The political horizon, hitherto so onlin-
GUS and threatening to the prospects of the
Republican party in this State, is clearing
away, disclosing many propitious tokens Of
a brilliant achievement in the coming State
and National contests. The party, certainly
was never in better condition, never better
prepared to meet the enemy in open combat.
The success of the Democrats in the last
general election, together with the ceaseless
torrent of abuse, ostracism, prescription,
ISLANDERS, to which the Republicans were SUBJ
jected, had well-nigh driven the party to the
walls. 1t is to the stern manliness and pat
riotism Of Hon. Tod r. Caldwell, our present
Governor and nominee, in resisting the last
Legislature in their needless onslaught upon
the constitution, that we are indebted for
the cheerful omens of our approaching sue
cess. He is worthy of every honor which
the people can bestow upon him. We have
always had an abiding faith in the honesty
and Republcanism of a large majority of the
people of North Carolina. We believe she
is more soundly Republican to-day than any
other Southern State All that is necessary
is that the party select good, competent men,
men of irreproachable integrity, to administer
government. Many attributed the success
of the Democrats in the August election of
1870 wholly to the widespread terror of the
Ku-Klux. But we believed then, and be-
lieve still, that our defeat was in great
measure due to the unblushing corruption in
many of our leaders. We believe that it was
an uprising of an outraged and plundered
people to wrest themselves from the hands
of those who had brought disgrace and ruin
upon them. The result Of that election has
had salutary effect upon both parties.
Both parties have learned that the masses
are not to be trifled with, even by men in
high places. That frauds of the grossest ma
ture were perpetrated upon the people of the
State at this day Of light and information
no one will attempt to deny. The Republi-
can party, it matters not who participated in
the spoils, are responsible for these frauds.
This being so, we think Republicans are
IN, bair liuh tbox, do
earth, expose, and openly denounce every
species of dishonesty, whether committed by
Democrats or by members of their own party.
We can see no good to accrue from an at
tempt at concealment or a palliation OF
crimes which the people too well and sadly
know to have existed. This we believe will
be done. The good men of the party are
coming to the front, and will purge it of every
faint which may have been brought upon it.
This will be more likely to secure success
good men who have been deferred from con.
Meeting themselves with the party simply
on this account. Let the work of reform be
inaugurated and vigorously prosecuted in
every department of our State and Fedora
Government, and success is ours.
THE REPUBLICAN STATE CONVENTION.
The State Convention of the Republican
party met here on the 18th instant to nomi.
nate candidates for the various State officers
to be elected next August, and to devise q
plan for more perfect organization of the
party. 1t was one of the largest, most intel
ligent and enthusiastic bodies that evel
assembled in this State. No less than one
thousand delegates were in attendance
among them some of the best talent in the
State. The proceedings were entirely har
monious, and sounded the keynote of ap
preaching victory. An admirable ticket wa.
put forth, and one which will carry myriat
Of strength. They are all men of. the pures
character, against whom not word can b,
said. The good spirit which characterized
the convention, the unanimity of action ant
purpose, have struck terror into the ranks O
the opposition, as their chief hoped was in
split in the convention. Many of them have
been forced to admit that the convention
was one of the finest that ever met in tn.
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