The news and herald. (Winnsboro, S.C.) 1877-1900, 1880-12-11
; THE NEWS AND HERALD.


THE NEWS AND HERALD.
wINNsBoRo, 5. c.
.sArvhDAr. Doc.app.r II. IT,, 1850.
h. asEASs NAvrs. En1rox.
" .t.sO. =. REx.fOLDS. ASSOCIATE EDrsps.
Hs'Ss - = - :, - -c=
HoN. I, p. WtTHEnspooN, Of York,
Shas beon unanimously elected Pres!.
dent pro TEN. Of tho Senate for the
next two years.
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TIE Legislature promises to az.
jonrn on the Esd instant. Both branch.
ses are at work. Political measures
will be consigned to tho next session.
The reelection Of Judge Kcrslaw
% the bench Is graceful and deserved
tribute to his worth. Search tile
Union over aud purcr and better man
caunot be found. He honors tho Judi
cial erinine.
Ills now pretty evident that tho
Legislature will not repeal tho lien
law at the present session. Although
much may be said on. both sides, we
think the determination Is o wise- one.
II 10 not the lien law but tho credit
system generally that Injuries the farm.
srs They buy on credit because they
bare no cash, and the refusal to grant
credit would not put cash in their
pockets. Persons making advances
are bound TO have security, and If they
are not permitted to require pledges
on the crop they will demand bills Of
sale aud mortgages on stock and land.
The problem cannot be solved by leg
tsIation. We believe, however, that
good crops aud prosperous country
which admits Of remunerative prices.
will, slowly perhaps, but surely, eman.
cipatc our people from tho evils of a
credit system. Until then the lion
law will most probably remain upon
our statute books.
ATTORNEY GENERAL DEyHNs, III his
report to Congress, recommends that
the law be changed 80 as to allow
deputy marshals to be appointed for
precincts having less than twenty
thousand inhabitants. 1t will be re.
mcmbered that in 1876 Grant took the
bit in hie teeth and had these deputies
appointed all through country pre-
cincts in the South, and that Colonel
Rion published an article showing tho
utter illcgality Of the act, and counsel
Ing voters to pay no attention to these
fraudulent marshals. The letter pro-
duced quite an impression in a,l-
ministration circles and scctchea
Grants game. It remains to be seen
whether the North will stand the cx-
tenslon OF this act 60 rs tormbracc all
precincts. The Radicals arc playing
desperate game for the pcrpctuatiol,
OF misrulc. but they will he hurled from
power ere long, or else we will have
monarchy. When the people rise
III their majesty, they are invincib.c.
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IHE Panama Canal again looms into
prominence. Il half column a(vcr-
tisc'nent containing the prospectus up.
pears in the NesUS and Courier.
Drexel, Morgan & Company, Sclig.
man and Company, and Winslow
Lnnicr and Company arc the special
committee for America. The plan is
to iseuc six hundred thousand shares
at five hundred francs each, repre-
scnting capital Of three hundred mil
lion francs or sixty million dollars.
Subscription Offices are opened III all
the money centres of Europe rs well
as i'll tho United States. Ferdinand
DeLcsscps, the successful engineer OF
tho Sucz Canal, is to have charge OF
the work, provided the money is rails
ed. He IL very sanguinc Of complete
success, scientifically and financially.
1t is not known whether he will sue.
ceed In raising the money. Some time
back the ontlcok was exceedingly un.
favorable, but the recent stock boom
may result In floating Panama shares
on the market. The feasibility Of tho
enterprise Is doubled by many able
engineers, who assert that not less
than two hundred million dollars will
be required for canal that may not
after all be satisfactory. 1t is nam.
moth enterprise, and If successful will
eclipse all previous engineering tri.
umphs. We shall see.