Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1879-11-27


That arohed Ger our first great sorrow,
When tho mound was heaped so high.
remembered tho gradual patience
That fell from that cloud like snow;
Flake by flake, healing and hiding
Tho scar Of that deep-stabbed voc.
Aud again to tho child whispered,
'"rhc snow that hushoth all,
Darling, the merciful Father
Alono can mako it fall"
Then, with eyes that saw not, kissed her;
And she kissing back, could not know
That my kiss was given to her sister,
Folded close under deepening snow.
WASHINGTON, November l8--Tho re-
port of United States Treasurer Gilfllan,
made public to day, speaks of tho fiscal
yoar just ended as one characterized by
great transactions in connection with the
refuuding Of tho war loans, and with the
resumption of specie payments after sus
pension of seventeen years.
The report shows that tho aggregate Of
gold coin and bullion and silver coin and
bullion, including standard silver dollars,
in tho treasury has increased from SCI ,452,
900 in 1876, to sll4,464,000 in 1877 to
s168,969, 900 in 1878, aud to 1922, ,S07,0 900
in 1879. Tho aggregate of note assosts,
including credits in depository banks on
other than loan account, has decreased
from sos, 8,419, 900 in 1876, to S88,772,0O0
in 1878, and to 1900, 900 in 1879
Tho most constant influence in the decrease
Of the noto balance is that which proceeds
from the purchase of silver bullion for
coinage. Since resumption tho treasury
has been deprived, by the receipt of coin
paid for bullion, OF United States notes
amounting probably to seven per cent. of
the annual revenues. This percentage is
greater than the margin between public
receipts and expenditures, aud apart from
other influences it would in time render the
balance 10 tho treasury first exclusively
metallic und then exclusively silver.
This decrease Of rates in the treas.
ury viii continue until there is limitation
or cessation of the present silver dollar
coinage. The silver bullion on hand do.
creased during tho year from $9,63f, 900 to
s4,299,000.
The statement Of assets and liabilities Of
tho government October 81, 1879, shows
the following aggregates: Assets $274, ,867,
STA, liabilities Sl23,S20,530 Amount
available for resumption Sl5l l,0l7,044.
At the close Of the fiscal year 1879, tho
aggregate amount of United States notes
10 circulation was S346, 6,6Sl ,000 OF such
notes of all denominations there we're re.
deemed during the year sci, ,l07, 900.
Tho total coinage Of standard silver dol
lars is $l5, ,206,O 900, Of which amount S32,-
2O3, 900 is in the mints and treasury Offices
and Sl3,002,000 in circulation, the latter
being 28} per cent. of tho total coinage, as
against 2G 9 10 pcr cent, Of tho total
coinage in circulation at the same date last
year.
Treasurer Gilllan says that the rapid
appreciation of silver bids fair to solvc the
silver problem for this country, and he exc
presses the opinion that if the present in.
huenccs continue in operation silver may
recover nearly its former relation to gold.
Accompanying the report arc the statements
Of the assistant treasurcrs at Boston and
New York, showing the transactions of their
respective offices.
WHAT ONE CoNunEssMAN's YOTE Is
WoRrIl.-A Washington special to the
Cincinnati Commercial says: "A report
has been received hero that it is the inton-
ton Of Charles II. Vorhis, mcmbcr of Con.
gross from tho Fifth District of Now Jcr.
soy, to resign. lie is banker, and has
rocontly become ipsolvent lie was elected
last fall by u small majority, in district
that has heretofore been Democratic, and if
ho should resign Democrat would un.
doubtedIy bo elected in his place. In that
cvent tho representation Of New Jersey in
Congress would bo three Republicans and
and four Democrats. In case tho election
Of the next President was thrown into the
House, Now Jerseys voto would give the
Democrats a majority of two. As the
States stand now they arc tic, counting
Indiana-in which Dc La Matyr has the
casting yote-os Democratic State. As
Mr.. Vorhis' vote is very important one
ho will, doubtless, be dssuadcd from re
signing"
The Eborton (Ga,) Gazettc tells chow
to double tho prico of our cotton crops" as
follows: Surprising our crops to reach 5000
bales, at ten cents, it would bring to our
county $320000. If this crop was used
up by factories in tic county it would
bring, instead of $4,000, return Of
nearly 100000. This being the case it
bchoovcs every farmer in tho county to
uso his oxertions for the establishment of
cotton factories right here at homo. With
their crops yielding such handsome amounts,
those who arc behind hand slaves to their
factors would soon bo able to throw of
the Dhsckles Of debt and serfdom.