The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-03-16

dresdtclest OF su4eG tha }uiu of LOB,
fstana and other Gulf States, hss been
discovered. The detective patriot who
announces the discovery proposes no
measures for frustrating the hollish
scheme OF the conspirators. In fact. he
taoit!y assumes thas thore is no helm for
It. Thus the thing becomes q rich and
rare sensation for the unique school OF
modern epicureans which, for lack Of
more vigorous aud wholesome mental
vegetation. has grown up with alarming
iu1urianoe in this part Of the county.
Ihe adherents of this school, be IL
known. reverse the whole order. com.
monty accepted heretofore by rational
beings, OF defining and estimating good
and evil. The indulgence Of rational
nope regarding the eventualities of the
future Is to them abominable. The ra-
hona! pursuit OF happiness they remit to
ablees and groveling natures that are
beyond the redeeming reach OF q sub
ime eplourean propaganda. The very
IDEA OF making the most of existing cir
cumstanoes. with view to the highest
attalnable good by practicable expedi-
ents, they hold in inhnite abhorrenoe
and ioathing. In short, the future is
coeerless to them unless it is psllod in
tne olaokest despair, and the present is
never TO their satisfaction except when
they can turn it's circumstances to the
cultivation OF asystematic aud exquisite
misery. Hence the delight with whioh
they will gloat over the details of this
last conspiracy TO. the desoIation of
Louisiana and other Gulf States. Those
details have, besides, an Intrinsic IRA.
tiona!ity in happy accord with their me.
thods of mental speculation.
A ring of Northern money oliearchs.
We are told, have arranged to merge San
Domingo, Cuba and the rest Of the West
Indies, with LoufAiana aud other Gull
States. in . common vortex of; barbarism
and impoverishment, for the immediate
purpose of turning the; trade Of the
West and the South Eastward through
the Northern and Middle States.
Having accomplished this fiendish
work, at the expense of $50, 600, 600, the
Intimate object will then be developed.
~ e1pending another $50, 900, 600, the
ring Will buy up every important looali-
y, as a centre OF trade or ind ustry, in
the South. They will secure the unli-
mlted aid OF the National Government
Foreign immigration will come in by
millions to snpplant the before domi-
nant negro; and through an instantane-
Gus revival of trade, industry and every
form OF material enrichment and pros
perity. in this part OF the world, they
Will make a clear profit of $500, 600. 900.
But here is something too wonderful for
an uninspired intellect to comprehend
1t will take at least the period of one
generation to get through with the first
atage OF the programme. In the course
OF nature, the ring will all be dead be-
fore the moment for making the pro-
posed investment in q parcel of bankrupt
States and desolated cities and districts
will arrive. What personal interest.
then, can the Northern money oligarohs
referred to have in tho execution OF the
conspiracy? Not only this, but North
ern as well as European capitalists have
splendid opportunities at this time for
speculation, by buying up Southern pro-
Pertles. promoting immigration into the
Gull States. and profting BY the mate
rial prosperity resulting from increased
productiyeness and expanding trade in
the South.west and in the West Iudies
Why should they wait until all the ele-
ments OF production and trade were an.
initiated, before turning their capital
and enterprise this way? Capitalists
Who have not lost their reason are not
given to throwing away their money by
first investing in work of devastation,
and then in the deserts which are made.
New Orleans Times.
GENERAL GRANTS DUTY.-Gen. Grant
has just taken fresh oath as President
OF the United States, and that includes
the function Of Commander.in.C Chief of
the army.