Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1873-10-16

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is too scarce to move crops. There was
slight frost in Augusta and vicinity on the
9th instant.
"A Washington dispatch says that ex-
member of Congress Conway, of Kansas, al
most killed ex-senator Pomeroy, ofthat State,
on the afternoon of the 18th. Conway fired
five shots, one of which struck Pomeroy in
the breast, but did not penetrate. Conway
was arrested. Jealousy.
The Campbell Mills in Philadel phia have
reduced work to five days per week, with a
corresponding reduction of wages, in conse-
quence of which the female operatives have
struck. In the same city six hundred en-
ployGs at the South Ward Foundry have
struck on account of reduction of hours and
wages
"A wealthy widow lady of Richmond, Va,
member of a Protestant family, has recently
greatly surprised her friends and relatives by
entering Catholic convent in South Caro-
lima, and taking the black veil, indicating
perpetual retirement from the world.
The colored Republicans of the State of
New York were in consultation last week.
They resolved to keep up their organizations
distinct, instead of merging them with the
white Republicans While indorsing the ac-
tion of the Republican party, the colored Re-
publicans passed resolutions declaring them
selves free to adopt, at any time, their own
policy in regard to any action or proposed
action of the Republican party.
The superintendent Of. insurance for Mis-
souri,, states that an examination of the affairs
of the St. Louis Mutual Insurance Company,
discloses the fact that its liabilities exceed its
assets by s9O4,955, exclusive of one hundred
thousand dollars capital stock. An injunction
has been issued against the company restrain.
ing it from issuing any new policies or paying
out any money whatever. A receiver will be
appointed to wind up its affairs.
EDITORIAL INKLINGS.
Trouble Among the Good Templars.
49, The Grand Lodge of Good Templars
of the State of Georgia has seeded from the
Right Worthy Grand Lodge, because Of the
action taken by the latter in the Temperance
International Convention at London upon
the negro question. The trouble arises from
the fact that the colored people wish to Or
ganize, among themselves, a temperance or
ganization similar to that of the Good Tenn
plars. They do not ask to fraternize with the
whites, but only to work under authority of
the Right Worthy Grand Lodge, and the
Grand Lodges of the respective States. The
Grand Lodge of North Carolina, recently in
session in Greensboro, met the question square
ly, and adopted resolutions recognizing the
right of the colored people to organize lodges,
and declaring it to be the duty Of the whites
to encourage them in the movement. To en-
courage the weak, to guide the erring and to
reform the vicious and fallen, is the main
object of temperance organizations, which the
leaders generally do not seem to understand.
A Southern Convention will probably be
called at an early day to consider the matter.
Selling Cotton.
"A correspondent of the Columbia Phe-
nir makes the subjoined sensible suggestions
in regard to selling cotton:
We have reached point in our financial
troubles when we should warn the planters
not to hold their cotton, but to watch the
market, and as soon as they see the excite
ment subside, to begin to move their crops as
if no disturbance had occurred-that is, quiz
city and regularly. IF the cotton is held for
high prices, and the high prices are offered,
then the whole crop will be thrown at once
upon the market; the market will be over
stocked, and as natural consequence, the
price will fall rapidly, and the planters will
be caught with loss. Let them consider
what is fair and profitable price, take that,
and not attempt to speculate. This panic has
prevented the cotton from being moved, but
it has not created demand for it with the
spinner, for the reason that the same panic
has caused him to be cautious and, in a meas
ure, to stop work. He will begin to work as
cotton begins to move, and so both will
work together as before the panic. This
being the case, the prices will not 60 beyond
those previous to the commencement of the
troubles.
This is written only as hint to the plant
ers, to prevent them from losing money on
their crops and giving the profits to specula-
tors, as they always have done, under excite
ment like the present
The Financial Panic.
While it is yet quite early to conclude
that the panic is entirely over, there is, never
theless, good grounds for thinking that the
worst is past, and that we may reasonably be-
lieve in a steady improvement and a gradual
return to regular business. A notable fea-
ture of the excitement is the fact that there
have been few commercial failures, though
there may be others yet to come, as the inAu-
ence of the crisis is wide spread. The incon-
venience among all classes has been great,
and in the crowded cities may yet be product
i've of suffering during the coming winter.
But the crisis has been chiefly stock market
affair, and so far as the losses are confined to
that interest, where they most righteously be-
long, the public will express no sympathy.
The banks are generally renewing currency
payments much to the relief of depositors, and