Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1874-07-09


-- From all parts of the country come
glowing accounts of the advanced state of
cereals, fruits and roots of all kinds. Even
Louisiana, that has suffered so severely from
flood and famine, expects to harvest larger
rice and sugar crop than was gathered last
year.
- The Cincinnati Gazette ruefully con-
fesses that the United States Senate has large
ly degenerated, chiefly through the adven-
turers elected from many of the Southern
States after reconstruction, and members from
new States, whose main constituents are rail-
road monopolies and swindling rings of va
rious kinds, and partly by men who pur-
chased their election with money or patron
age.
-- A new air machine was lately put into
operation in the British House of Commons.
BY means of this apparatus constant supply
of air, cooled to any required degree, even in
the warmest weather, can be supplied at the
rate of from $4,000 to 10000 gallons per
minute. The house contained about 100000
gallons of air, so that when the apparatus is
working its maximum, it is possible to renew
the air without sensible draug ght every ten min
utes.
- Some of the New York banks are
about to give up their entire circulation, and
even contemplate abandoning the national
bank system and organizing under the laws of
that State. They are weary of being inter-
fered with 1t is good sign. The time is
now coming when, under the redemption
clause of the new currency law, the most indie
pendent banking institutions will be those
whose circulation consists of legal tenders and
the currency Of other banks. Already it is
evident that the national banks are beginning
to feel where the shoe will pinch.
-- Liberty of speech is not to be counted
among the blessings of living under the gov
ernmeut of Emperor William, of Germany
A sentence Of imprisonment for year and
half has been passed upon deputy Herr
Most, for certain speeches delivered by him
at some meeting of workingmen. The most
serious charge made against him was that
he had denounced standing army. This
was regarded by the minister of war, Won
Kameke, as an insult to the members of the
army, and the prosecution was set on foot at
his request.
- The decrease of immigration to this
a falling off of about 20 to 30 per cent. COM
pared with the corresponding months in 1873.
The difference is chiefly seen in the German
clement. In the six months of the present
year over $4,000 immigrants arrived, and an
unusually large proportion went direct to the
Western States. Several of the steamships
recently arriving have been almost exclusive
ly filled with young Irish women, who came
for the express purpose of hiring out as house
keepers, ard are distributed throughout East
ern States.
- Under the provisions of the new cur
rency law the Eastern national banks are
generally surrendering portions of their cur
rency, preferring their bonds on deposit in
Washington as security for their circulation,
they having on hand more currency than
needed. This gives the Comptroller of the
Currency plenty Of circulation to meet the
demands for new bonds. There is also avail.
able S5,000000 circulation of suspended
banks, and the s354000,000 issue under the
old act is not quite gone. The call of with.
drawal of the surplus circulation of the
banks East is deferred for some months on &C.
count Of the above.
among the leading departments of wholesale
business, develops the existence of very con.
fdent feeling as to an early and active fall
trade. The change for the better may be said
to have even now set in in some branches
for example, the great hardware, boot and
shoe trades, and some descriptions of dry
goods. Even in the best of times the end OF
June is proverbially dull. That is the condi.
ton now, but, unless all the signs mislead, it
is condition which will be of but short dura.
ton. Next week the abundance of money
on all hands, from the July disbursements
will be such as to quicken the anxiety to find
profitable employment for it, and this Of itself
will create business, even where at present
business is not.
The Commissioner of Patents states that
one hundred new patents for sewing machines
have been granted within year. The refusal
of Congress and the Patent Office to extend
patents of this kind does not make machines
a particle cheaper. No one will buy an old
machine, as those with all the modern i'm
provements are the only ones that find mar
ket. 1t is so with reaping and moving ma
chimes. The Grangers believe that hostility
to these monopolies makes these articles
cheaper, but it is not so; the inventive genius
of the country, applied to perfectipg such arti
cles, renders patent that has been refused
an extension perfectly useless-they are moi
even manufactured. The Grangers won
have the old patent at all, and this account:
for the high price Of these inventions always
- The profits of the Augusta Cotton Mil
have been absolutely marvellous. 1t was
bought by its present owners for one hun
dred and forty thousand dollars on ten years
credit, at seven per cent. interest. The
stockholders paid in but sixty thousand dol
lars, which was expended in machinery ane
improvements The property has paid f0'
new buildings have been erected; one hun
dred thousand dollars invested in new ma
chinery; the capital stock has been increased
(watered) to six hundred thousand dollars
and the company has paid out dividends to it:
stockholders since the war to the amount Of
one million and sixty-eight thousand dollars