The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-05-21
NEWS OF THE DAY.

Gold in New York closed at 13S.
In New York cotton closed STEADY; upianus
24l cents; sales s29 bales.
There were no cotton transactions ID LiV.
erpool Yesterday, WbitmondaJ being observed
as holiday.
Texas boasts that there is not single
almshouse In the State.
Sixty thousand acres Of land 10 Florias
: were recently sold for $1,000.
There will be four expeditions to the Arc
tic regions this summer from the unitee
States, Austria, Sweden and Germany.
An infant daughter of Jennie June Croly
has been voted bv acclamation an honorary
member of the sorosis Club.
"A French colony in Franklin, KY, has
established q velvet mandatory at that place
which Is said to be the first one In the United
States.
The question of university for women
ia being agitated In England. Several inhu
entlal Journals strongly advocate the mea
sure.
Archbishop Manning, of London, has ior'
bldden the employment of female vocalisss III
Roman Catholic Churches under his jurlsdlc-
tlon after September next.
The students of the various German uni
yersities are collecting funds for establishing
number of free scholarships at the new uni-
yersity of Strasbourg. These scholarships
Will be called Bismarck scholarships.
Some of the Democratic members VINO at-
tended the Rochester Convention have re-
turned to Washington, and express the opin-
ion that majority OF the New York delega-
tion to the Baltimore Convention will support
MI. Greeley. They represent Governor Hoh-
man, who is the chairman of the delegation,
with being favorable to Mr.. Greeley.
"A hotel to cost 500, 600, 600 is proposed In
Chicago. 1t will be constructed entirely OF
iron, ten stories In height, and will cover
four entire blocks, with grand arches over
thf, Intervening sJreets. -Bazanrsnre to oecu-
py the first story, and elevators at every
corner. Il is Intended that the rates will be
from ten dollars to one dollar per diem, ac-
cording to the story, so that people Of limited
means as " ell as those possessing wealth can
bs accommodated in elegant style.
-.-Mr. Greeley talked to the black people OF
PoushkeepsIe last Thursday night, aud later
In the evening was serenaded at his hotel.
Afterwards, on being called out to make
speech, he said: SIT Is one of the few priVi-
leges of one who stands in my position that
he is not allowed to make speeches, for 1t Is
feared by his friends that II he talks he might
say something, which is not, perhaps, an un-
likely presumption Mr.. Greeley wears his
muzzle brsvely, at any rate.
1t Is estimated that there are 1000 building
societies now in existence In England and
Wales, the total number OF members being
100000, with subscribed capital of over A6,-
100000, a loan and deposit capital Of over $780,
COO 600, total assets to the amount of $s5,OOO,-
600, mortgage advances over $50, 100000, and
a yearly Income of more than 55,000,O ,O0O.
One society has nearly 1900 members, and
another 10000. The income Of single socle-
ty Is over 81, ,5O0,0 900. So great is the conf
dence OF the public In these enterprises that
many of them have reduced the rate OF Inter,
st 10 four, and even three per cent, In order
to check the influx of deposits which still
come flowing in. In various districts the
banks find 1t difficult to compete with them.
2-Philadelphia has one of the most valuable
local societies of which we have any knowl-
edee.,. It is called the Fuel Savings Society,
and its design is to encourage poor people to
mt by portion of their earnings In the mild
weather for the purpose Of buying coal for the
winter. The society receives on deposit small
sums OF money from poor persons, the aggre-
gate Of which will secure fuel to more than Its
fun value, coal and wood being procured for
the deposltors at about dollar less per ton
than the standard price. The principal object
of the society is to encourage poor people to
save their money and secure the means OF
coNforr winter, and the discount referred
to is the inducement TO lay up their money.
o-sr three thousand one hundred persons
were depositors last year, gain fseVen hun
dred from the year before.
"A Washington letter Of Friday says: "Col-
onel Forney arrived In Washington to-day, and
had q long Interview with the President on
the political situation. He tonnd Grant dis
posed to look upon the NJ r!lhation of Greeley
an aioke, and found that he did not believe
that If endorsed by the Baltimore Convention
bib would stand any chance of election.
Grants idea seemed to be that, In such an
event, the Philadelphia nominee would get as
many Democratic votes as Greeley would Re-
publican votes. Colonel Forney replied that his
E1cellency was mistaken, and insisted that If
Greeley was nominated at Baltimore the entire
Democratic party would support him, and the
contest be made very close one. The Presi-
dent said his information was quite the re-
verse. Colonel Forney begged him not to al
low himself to be so deceived"
The New York correspondent of the Phila-
delphia Ledger writes: 'sThere is strong pres
sure on Mr.. Greeley to write letter defining
his Views as Presidential candidate with
reference to the tariff and some other Dues
tions In which he is not In full accord with the
Democracy. 1t is probable he will yield after
q while to the advice of his friends, and that
the letter will be written expressly with an
eve to the Baltimore nomination. Its real
purpose Is to satisfy the Western men that the
Cincinnati nominee will not stand In the way Of
free trade If elected. The Cincinnati platform
contained pledge of that kind, but the West
ern men say paper platforms mean nothing,
and that therefore it is Indispensable to have
q pledge against Mr.. Greeley's high tariff no