The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1874-03-24

! the hrmy, and declared he was deter
mined to maintain its strength, end
thereby insure the peace Of Europe.
BAYoNNs, March 21.-The wife of
Don Carlos has been delivered of q
daughter.
The French officers have arrested the
Cure of Santa Oruz on the frontier and
brought him to this city.
vienna, March 21.-The appointment
OF Baron Penbern, to be Austrian Mi.
meter at Washington, is gazetted.
EoNDoN. March 23.-The ship Ohas.
A. Farrell, from Savannah for Reval, is
stranded on Island Anholt, Denmark.
Part OF the cargo has been saved.
TeleRra raphlc-Amerlcan Matters.
DEATH OF JUDGE DENT CURRENCY FOR
TIE BORDER STATES TEs-FINANCR-FRERD.
MEMS SAVINGS DANK-sCALINa LoUIsI-
ANA BoNDs-THE NORTH CAROLINA
ERUPTIoN-DEsTRCCTIv FIREs-MEEr-
ING OF OBSERVATION-DISCLOSURES DELAYED
TURNED 0REY-NIPORTANT DECISION
RELATIVE TO BANKS, ETC, ETC.
CHARLESTON, March 23.-Arrived-
Schooner Lizzie Lee, Baracoa; steam
ship South Carolina, New York.
WASHINGTON, March 21.-Hon. M. S.
Foote, of Mobile, leaves for home to.
night. He has been here cooperating
with members OF Congress. for the pur.
pose OF maturing plans for q better dis
trlbution OF currency in the border
States. Senator John B. Gordon will
take charge of the bill, Which will re-
commend combined action of both the
national and State authorities in estab.
fishing banks on Q epecie basis. He has
received the promised aid Of several
prominent members from the West.
The Senate Committee on Finance
held special nesting to-day. at which
aAcomprom1se financial measure was
agreed upon to be presented to the Se-
mate next Monday. In it's main features,
the bill will fix the amount OF greenback
circulation at 1882, 900. .0OO-thus legal
izing the Reissue of that portion OF the
$44, 900, 900 legal tender reserve which is
outstanding, and making 1t part of the
permanent circulation. The amount
that has been re-issued, and which is
now outstanding, is something over
$26, 100000. The bill will also author
ize free banking on the national bank
ing system, but will contain require
ment that legal tender notes shall be
retired from circulation proportionately
as new national bank notes are issued.
This latter provision is regarded as o
measure OF contraction, but the preced-
ing authorization for keeping in cirou.
lation the 226, 1000, 600 of legal tenders
that have been re.issued from the re-
serve, is considered substantial victory
for the advocates of an increased volume
OF currency, who. it is understood, will
claim in the Senate, TINT the principle
having been thus admitted as regards
portion Of the $4,000, 900 reserve, the
whole OF said reserve should be accord.
lngly placed in circulation.
Frederick Douglass has been elected
President of the Freedmen's Savings
Bank here, which has branches in nearly
all the Southern States. DR.. @. B. Par.
Wis, another colored man, has been
chosen Vice.President. Forty out of
the seventy clerks employed are like
wise colored. The new Board of Ma.
nagemSnt appeared before the House
Committee on Banking and Currency,
yesterday, and said it was their desire
to make the bank an Institution exolu-
sively for the oolored people, and one
which they would regard as their own.
New ORLEANS. March 2l.-Judge
Wood sustains the scaling of the Louisi.
ana bonds by the Legislature. This is
Federal sanction Of partial State repudi-
alton. The Injunction prayed was dis
missed, with costs, but Judge Wood
suggested that the questions were of
such Importance they might properly be
taken ut once to the Supreme Court of
the United States.
RALEIGH. March 21.-The DaHy
Neaos' special reporter has arrived in the
neighborhood of Bald Mountain, and
reports that the citizens confirm the
premonitory symptoms of volcanic erup.
tlons on the mountains. A largo party
OF scientific adventnrers are en- route to
the mountain. The citizens in that sec.
ton are intensely excited, and out. Of.
door prayer MEETINGS are being held,
many believing that Judgment Day is
Of hand.
WAsH1NeroS, March 22.-Judge Dent.
brother.in-law of the President, widely
known in earlier days in California, and
later as candidate for Governor of
Mississippi, where he was cotton
planter, and in his candidacy opposed
by the Administration, and in nll known
respects high-minded and honorable
gentleman, is dead. Judge Dent died
in the Catholic faith.
New YORK, March 21.-The market
for cotton on tho rnnt hoc l>aop .loo;do,1