Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-01-21

let him alone for the present. They theI
dispatched Wagner. There Is no clew Il
the perpetrators and public opinion appsr-
emily approves the acts. Leek, with the ropt
/. around his neck, made confession that there
was regularly organized band in that sec.
ton for the purpose of robbery and murder
|
GROWTH AND PROGRESS.
The pecan crop of Texas alone this yea1
: is valued at 81, 000, 900, the peanut crop oi
i the whole country at S, 900 900, aud the sta
: tistics of the popcorn yield are good, but are
5 not yet fully in. The vital industries of the
/ country seem to flourish in spite of Uncle
t Rufus Hatch and his gloomy predictions OF
panic.
The Langley Cotton Factory, of Georgia,
has declared semi-annual dividend OF
/ S12 80 per share, making over twenty per
j cent. during the year. The net earnings for
. the year are twenty-five per cent. The Sibley
mills will soon be in operation. site has
been purchased for the John P. King mill,
and the erection will be begun in a short
time.
The annual product OF the precious metals
in the States and Territories west of the Mis-
souri,, and the receipts at San Francisco from
the west coast of Mexico reported TO Wells
| q Fargo amount to: Gold, S3l ,S69, CSC; sill
yer, S45077 ,S29. California shows an in
crease in silver and decrease in gold. Ne
vada shows falling of, and Utah and Ari-
IONA an increase.
; According to German economist, the in
come of the world is SIS, $50 .000, 900; debt
SIC, 1926 100000; taxes, $1,000, 100000; capt.
tai, S85, 612, 100000. Sweden has the smallest
debt, or S50,000,000; Frapce the largest, or
g, 140, 100000. The United States has the
largest income, and England the most capt.
tai. Italy is the heaviest taxed, paying
thirty.five per cent. of its income Tor taxes
to the average fifteen per cent. of other ma
tions.
In an opinion rendered recently the Su-
preme Court of the United States decides
that registered bonds and stocks OF one State
may be constitutionally taxed in another
Whether State bonds are taxed or are ex-
pressly exempt from taxation at home, the
fact in either case, the court holds, does not
prevent them from being taxed elsewhere,
for the reason that no State can exempt
property from taxation out of its own juris-
diction.
Ex Governor r. C. Mccormick of Arizona,
| has purchased sixteen thousand acres OF
land in the State of Colima, on the Pacific
coast of Mexico, and is going into the bust
ness of coffee culture on large scale. He
has forty thousand trees in bearing now, and
| expects to plant twelve thousand per year
| for four years to come. In order TO encour-
age this industry the State will remit for
| period OF ten years all duty on the coffee
and all taxes on the land where it is grown
The Nicksburg Herald remarks that since
| work was begun on the Memphis and Vicks-
burg railroad vast bodies of land in the rich
| Yazoo delta have been sold, and every acre
! OF real estate in the whole valley feels the
| nh ~ of +oft he 81 Il.
| also says that every foot of land lying along
| the New Orleans and Northeastern road be-
longing to the State was sold to citizens
soon as it was certain that that railroad to
Meridian would be constructed within
year.
| 1t is high time that Congress should over
| haul the presumption (homestead) law,
| whereby every bona fde settler on the public
lands has opportunity of acquiring one
hundred and sixty acres free gift from
the government Facts are coming to light
which show that the law is almost as glaring
an imposition in its way as the swindling
pension act. OF late years there is conclu-
sive evidence to show that the intent of the
act is practically defeated, and made to pro-
note gigantic frauds in the interest of spec
ulators.
The New York Herald has been exposing
receivers of the twenty-five savings banks
which failed in New York after the panic of
1873. The aggregate cost of these twenty
two receiverships, it says, =" has been in
round numbers, 81 100000, or one-fourth OF
the whole amount paid to the depositors of
the institutions. 1t is safely estimated that
three-fourths of the 81 100000 was expended
unnecessarily. And the greed of these saw
ings bank receivers has been quite moderate
as compared with that OF many other re-
ceivers."
Mr.. Coates, of Warren county, has intro
duced in the Mississippi legislature a bill
to appropriate $4,000 to Vicksburg harbor
That is the right sort of energy. Ii Missis-
sippi takes care of that harbor she will build
up great manufacturing city behind it on
the magnificent bluffs. The location is une-
qualed, and there is room for a city OF
two hundred and fifty thousand, with twenty
cotton mills and host of other industries. |
No doubt appropriations will be made by |
Congress, but there is nothing like looking |
after ones own affairs, and not waiting for |
others to do it.
Governor Hagood, of South Carolina, in
approving the stock law recently passed by |
the legislature OF that State, states that from |
reliable data it has been ascertained the an
nual cost OF boundary fences to the agricul-
tural industry of South Carolina exceeds |
100000 per annum, while the State and |
county taxes levied for all purposes for the
last fiscal year, as shown by the comptroller's
books, amounted to only 81 ,30S ,3l6, thus es
tablishing the fact that the abolition of
boundary fences saves annually to the sgri-
cultural industry twice as much money as is
paid in taxes by all the industries of the
State combined.
According to the official figures of the CEN
sus all the Territories OF the United States
except the District of Columbia contain more
men than women, generally in the proper
ton of two or three to one. Twenty three of
the States also contain more men than wo-
men, including all of the Western and sew
eral of the Southern States. Delaware is the
only one of the original thirteen that is in
the came condition Ia proportion to popu-
lation Massachusetts and Rhode Island have
the greatest excess OF female population. In
the United States there arc very nearly
million more males than females.
Atlanta's first grain elevator has been COM
pleted, and the first grain was stored there
Thursday. The handling of the grain was
by large number of business
men, who assembled there at o'clock in
response to handsomely printed tickets of
invitation sent out by the company. They
also examined into the mysteries of the
elevator. The elevator cost $50, 900, and
mas a storage capacity OF Two hundred thou |
sand bushels. 1t will prove a valuable adj
dition TO Atlanta's enterprises, being sup
piled with the latest improved machinery.
The company was composed of Judge S.
B. Hoyt, Messrs II. NJ. Cottingham, Howell
c. Jackson and w. II. Nenable.
OF the nearly half-million immigrants who
arrived in this country in 1881 the Southern
States received but few. Alabama, which
mas vast are as of wild land and important
mineral resources waiting for their develop
nent, attracted only $50. North Carolina,
which for many years has been boasting, and
With reason, too, of the cheap lands and de-
ightful climate of her Piedmont region, was .
he destination of 785; Tennessee, which has
made persistent efforts to attract settlers, got
,nly 967. And so it goes through the whole
list of the old slave States. Perhaps we should
Except Texas, which obtained 1890 Of the
immigrants of the year; but that is, after all,
'ut meager figure, when the great size OF
he State and her enormous tracts OF unoc-
upied fertile prairie are taken into the ac-
cunt.