, 1873-10-20
Tho Influx Of Gold from E,lrOpo---
Our Great Cotton Yield
OF 1873.
Secretary Richardson's Position
1.-The High Prices Of
Everything.
The Proposed Postal Bank..-Vicious
Banking under tho Tariff. =.
From, Our O,pn Correspondent.

FROM Our Oaeh correspondent.
"Asnlsa4oA, oct. -, ie'''
~, THE TWO nAN1es RELIEVING EACH o9nEa
iAo conooE'enoe OF oVonts WHICH VIC sce ~ 1ti'e
Ptosons n,ofaen1 ~, IN i'enly i"1et'stne ana ~
sp'rms' 1s'e Panlct WHICH scaFeoly tooA us ~
salI'rse y a11ot long oepauch ~ spceuaauon' c
u''nonoa'S' h,4u o1'l@'usA''eo' 40 .es'.. y"
soreu W auosnor pA"no,neauh' "n'on s..ivos ".
'ae Soeao u "'s'on 1ho o'ueuol ~ w.
~ "".er'oo' ana 'usns conalo.n'.un ~ w..
Tory NO ~ohder tnat onl riesaont uu.sus ~
Tue VISION o1 hltnoss uneul"to 'on'0
when he aecs gold conntor1narolisng across the
occan, reversing Its oldor law Of movement and
.tnndi,r lin n drur IN Will stroot m TINT
s.unu1'e ~ lay Aue - w. w." ..,~ ro1 IT, m III
Ms. htchataaon CUT nuu Nv nslo 4oA 'n' so'u
which ho las hoArded IN tho ifoaaa!y' so'no
people think that this money crossed tho acn ii,
pursuit Of Investment In our bonds and stocks,
but Il ohoyod higher and creator nocogsity.
Behind 1t was oil Europe, oenanolne 70 DO a. 1co
with our grain and clad IN our cottohs' 1hua
tho industry Of tho people, and not tho power Of
tim Treasury of tie United States, has grapplod
"t,h Wv t's' ana '1s =. o..
1t down. nut eo liavo pfougnt us ssotne"patncasof
| to specie-rcsulnptlon, WAoro we 6honld :havo
] buen alraady. Nothing else has brought this
nDo", Dv sav H. .t,, s1r atarr,,nnta, ~,
tional opl8at'ons vie a.utus oo.oi A''uI.1oa y.
Congress- to moot tho interest on tho public debt
! in gold without provaricntion; and the daily
| }rdn.trv of +ho froed nocro in Ella cottou-
nS,s ~ T.x.1,ar, rn.n,... T., ~, ,r,,,t.
noia al,tt alio No.'u'4A eao1 ~ .lo "Aon.
neid' mr. 1ncnaFason nilsa' n's'e Gone on WIZ
| mountobank-tr3cis III hnanoa Until no had or
co..ar,,ro,,4 w,,ar ,,,rronov rotro,+od into
eto'olniAeni' "neh ou.lo"oy 4ou LUZ ,'
| peoploa poekots, anu eoala hoe % naa TO Duy
grain with or TO move 1t to tho coaHt, tho primal
A.
"a 1a,o1, sort n,a sons down tn Eovnt savinr
3vIm ~ ~ i.,i1 ,,n,, onn anoth6r Rand
h,y9 " I,oard t%ot thoro IL com, mi rou dow1'
thitier nn Inv far M from thence othnt We NAV
n'o D'0 A"' VIZ r,r corrox cnop
proho,,,v nothno vi o1ao nj h,,t tI'o want of cur-
| ,o,av "on},, hovn fhms t,1rnni rro1a ont NJ ia
lonoy eua 49,. ,n NV, ,aao nr1 atta, ,,s ,;ti, ~
M en, , ~ nus y ,;,o. ,;.,",t .t;nt ~ ooa.
n,,.atat;n =" amoror ,,ro";aai .va INV ho
1st y I'LL 4iat 49, W.; ,,na 1,n NM ~
snr.sd i's ia NV Il w;,l ratr, witar It came
~, ti'a rrad ncl, al, ta 1,mon from o,r minea
~, ~ t.ion tnr fhnao t,vantcsi3vo vanra IN liz
I,an aa .ino II tc vau,ts ne 1onhsyd etrcst Tor tho
gEoaat t,o aroc;o viii inifor ar,onrat 1,e md
81 1nava asa $40 Il from div to div as now and
ny ysifor IN o,,r nno,,ets i;uI nhaf1or Il
VIII s1y mern y ~ a ndsry ,nd nn for
t,iitv IN our eountry which porhapa can establish
% r,cr,uepout Iaianco Of credit for US in Europe.
ria rrnnt ootton-yiold Of tho rroaont yeur-
which II n spnntlil monument Of tho freed labor
IN bs the s South md also Of tie ignornnco Of those
! n1i hirh-nriasts of Slavery who tnougnt tho
rrond wduld he cursod If tlie slave over became
2 froemnn-will amount. it is thought. to $780,
QUO, 0OO. Ii tho currency oouti1lues 10 bo hidden
o~nw r1rum m,,,nt INV tii;a cotton viii, onlI
! md silver. hioantimo. tho suddou advont of
snocio bny caugod such d Bhrinkngo Of yuiuos
that tho great importing merchants aro in de-
SPAR for what tloy purchased with gold at n
high premium can now be bought III n much
| 10 Int In %4ar.
chants will HOW run to Secretary Richnrdson and
wn,,t reof Of Some kind, as did tho srecu!atovs
q Tow wools ago. What 10 ho to do now that llo
5 sa Sseto ss d M s Of soss
serve left ?-for inevitably the sa,no kind OF in
reference will bring him bolt up ngainst another
want some day.
RICHARDSON.
His positon 10 az follows, and h1 appears to
be tho only sufferer iu the perspective Flo has
got gold which he cannot sell. aud lo rained out
his currency without being aGlo to fructify the
situation but he has made q raise with acti~
mont to pay of some moro Of tho national debt
will have to 10 deferred. Tho Administration,
however, continues to claim everything which
con,os to pass az IFS special conception and fore
saga all a coton and eeoa ou ali h:
Some ssaa'' invidtoas poopie lnay imputo the
tinely return Of gola eud silver n tc
and and Industry, Industry aud may think that Tue % Ad.ninis:
tration's jugglo with Its three bulls OF boud-buy
ing, cusreuoy holding, and fictitious legal-teu.
dsrs, would hayo gone on forever without doing
uB particle Of good. The poor, tol!ing, patient
OF cotton mud wheat, and pu,nped mineral oil ou
Of tho ground, while tho politicians, bankers
and manufacturers hayo been specializing II
tariffs, land-grats, aud roai-oatate raiiroaas
| IN un VI frntl tnfaary md rnmDrHH. Aa lOn{