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LOCAL TOPICS. NEW DAILY LIBERAL NEWSPAPER. IT will be seen from an advertisement in another column, that a new morning Liberal journal is an- nounced t. appear on Wednesday, February 7, 1872 being the day after the Opening of Parliament. It will contain all the telegraphic news as supplied to the Lon- don and leading Provincial Journals by Reuter, the Press Association and the Central Press, together with Foreign Home, District and Local News, and Cardiff, Swansea, Newport, and other Shipping Intelligence. Essentially Liberal yet Independent in Politics, it will endeavour to faithfully reflect the opinions of the great bulk of the inhabitants of Wales and Monmouthshire. That such a political organ is required admits of no doubt and as the leading idea is to provide a first-class morning paper, giving the news of the day in a concise and readable form, at a price which will bring it within the reach of all, it will unquestionably secure an immense circulation throughout these popu- lous districts. The paper is named the "South Wales Daily News," and the price is fixed at One Half-Penny. It may be added that the Proprietors and Publishers are Messrs. D. DUNCAN & SONS, who have for so many years carried on the CARDIFF TDIES" —at once the pioneer of the Cheap Press in this county and the most successful and influential news- paper in South Wales. Their practical experience as Journalists is a sufficient guarantee that the New Daily Newspaper will be 6ohclucied with energy and ability, and become a worthy exponent of the political opinions of the vast constituency it claims to represent. To successfully establish such a Journal, the support of the Liberal party is essential, and we feel sure it will be accorded in a hearty as well as in a practical manner. THE WANT OF THRIFT. IT is as difficult to say why the English are, as a rule, improvident, as it is to explain why the Irish are impe- tuous, the Scotch cautious, or the Welsh both, with the addition of being musical. But there is no doubt that among English people in the mass, thrift is a qualitv not held in the highest estimation. The lewer we go in the social scale, the more is its absence to be noted and among the lowest of all, where thriftiness is mosi required, it is, alas! only known byname, and only named to be hated. Those remarks, though general are not so sweeping as to include all society. Many shining examples of economy and providence might be drawn from the ranks of the poverty-stricken. On the whole, however, ;thrift i» confounded with parsimony, economy with meanness, and as no vice is greater than meanness in the workman's eyes, he likes to avoid incurring a suspicion of practising it by going as far as he can into the other extreme. Although things are bad enough in this respect, and there is room for a vast amount of improvement, yet they are not so bad as they were a few years back. The era of Savings Banks, Friendly Societies, and Benefit Clubs has long set in; but still the habit of saving money is not a general one and least of all is it practiced enough among the work- ing classes. To insist upon its importance is needle.s. No one denies the advantages of saving in the abstract, but when people are urged to carry an admitted precept into practice, difficulties are raised and obstacles urged which make up a solid argument of vis inertia. Suc- cessful as the Cardiff Savings Bank has been it has not for this reason, been patronised so larcely as it tWU &f V*3 DOt b6nefitted to a"7 We extent ted Th 86 antage u Was Principally institu- ted. There are not, as Mr. Alderman P*ID, 8aid, so many depositors of small sums between Is. and 5s. as there would be if thriftiness and economy were regarded with greater favour. Many a workman, by exercising a little providence in his house, could set aside each week a few shillings, if it were only I two, and these accumulating mites would provide him with a fund to draw upon when he was out of work or sickness had prostrated him. Of what avail are Trades Unions, what good results from advanced wages, if men continue to spend all they receive, as they did before trades unions were formed, or wages commenced their upward rise? We want a second LUTHER to preach a second Reformation-a temporal not a spiritual reformation, which shall place thrifti- ness and saving habits among the social virtues, and if that reformation is ever to be effected it must be by in- dividual exertions. If every man would see to his own reformation How very easily we might reform a nation. tI DEATH OF MR. CRAWSHAY BAILEY. ONE after another the links which bind the present to the past are slowly disappearing. The age that saw the commencement of the great works which are the main source of the present prosperity of Cardiff, are bound to the age which has seen the vast development of those undertakings by very slender links, and those are being gradually snapped. N.t to go so far back as Sir JOHN GUEST, we have within recent years seen the last of the FOREJIANS and the HI:4LS, WILLIAM CRAWSHAY, Sir JOSEPH BAILEY, and ROWLAND FOTHERGILL, and now to this list of Death's victories is to be added the name of Sir JOSEPH'S brother, CRAWSHAY BAILEY. There are still GUESTS, there are still CRAWSHAYS, FOTHERGILLS, and BAILEYS. Some among them seem inspired by the ss,me genius which impelled their forefathers to gigantic en- terprise and collossal fortunes. But these descendants are of a different stamp to their famous progenitors, and though they be wealthy and great among the great of the land, the existence of numberless others of wealth aud fame, deprive them of the advantage which made their grandfathers brilliant and conspicuous stars in a dark firmument.^CRAWSHAY BAILEY, who died on Tues- day, was a representative man. He was, in many re- spects, of the same type as the early ironmasters. Un- like JOHN GUEST or ROWLAND FOXHERGILL, he began with- out promise of fortune, and like the first of the Claw- SHAYS, or like BACON, the great contemporary of iron-king RICHARD, he may be said to have commenced to climb the hill of life with no capital but his own exertions, and no influence save his own industry. Bona in 1788, he was a boy when the earliest specula- tors began to see that the stone of the Philosopher and the dream of the Alchemist were alike hidden in the Welsh hills, and consisted of iron and coal. He was a man or nearly so when some of the most enterprising discovered the secret of FORTUNATUS, and coined wealth by intelligent work alone. He was a Yorkshire boy, and therefore shrewd and far-sighted. He was of a fimily of keen, sharp-eyed, thinking men.XComing from somewhere near Normanton, his elder brother JOSEPH tramped through England from north to south to find his uncle, RICHARD CRAWSHAY. That JosEPH, in 1806, was taken into RICHARD CRAWSHAY'S employ, afterwards became a manager, and then rose to the position of part proprietor of the works of..Cyfarthfa, tuen-for it was before the Dowlais era set in—accord- ing to PENNANT, the largest works in the kingdom. Upon the death of RICHARD CRAWSHAY, in 1810, JOSEPH BAILEY whose early days form the keystone to his brother's successful life—the yet unfamed JOSEPH BAILEY, found himself owner of two-eighths of the works of which he had been formerly manager, Mr. HALL, the father of Lord LLANOVER, owning another fraction, and WILLIAM CRAWSHAY, the son, being the proprietor of the major portion. JOSEPH BAILEY sold his share in Cyfarthfa, and conjointly with Mr. WAYNE, afterwards of Gadlys, bought Nantyglo ironworks from the Blaenavon Iron Company. When Mr. WAYNE left him to develope the now world-celebrated Aberdare coal (of which he was the first exporter] JOSEPH BAILEY obtained the services of his brother to manage the large works already under his hand. CRAWSHAY so- called after his uncle—was the mechanical director of the works, his brother being the financial and business head. Overcoming difficulties, demolish- ing the obstacles which obstructed their upward path, the brothers made Nantyglo pay, and achieved their first triumph. They afterwards bought Beaufort works, and several collieries in Monmouthshire, until they had secured an extensive property equalled in value by no other in the kingdom. JOSEPH BAILEY was speculative, and invested largely in railway undertakings but so great was his power of prejudging success that his in- vestments were never unremunerative. He promoted several of the railway schemes which now are so well known throughout the coal basin, and was also the leading spirit in pressing forward the great docks at Birkenhead. JOSEPH BAILEY'S services to the country, as great m one capacity as those of WELLINGTON were in another, received the reward which JOHN GUEST also wal the recipient of-he was made a baronet. The possessor of a princely fortune and a title, be soon retired from active participation in the works of which he had previously been the foremost partner, and then CRAWSHAY BAILEY, the younger brother, though well- known before, began to obtain more prominence. He had been elected High Sheriff of Breconshire in 1835 and lin 1850 he was again High Sheriff, this time for the county of Monmouth. Two years after, in 1852 he was elected a member ef Parliament for the Newport district of Boroughs. He was a staunch Conservative but not a violent one, and his views underwent some modification upon his election. While to gain the support of the agricultural party he promised to vote for a repeal of the malt duties, he gained the support of a larger body by giving his adhesion to the move- ment for the extension of the county franchise. For sixteen years he sat in the House, a useful though never a talking member, and in 1868 he retired from political life. During his Parliamentary career he did not neglect his Welsh industries. He took to the works at Aberaman, which now lie an idle waste, a testimony of the expense of drawing back after putting one's hand to the plough. The works for a time were carried on under Mr. CRAWSHAY BAILEY'S personal supervision. At that time he lived at Aberaman House, which afterwards fell into the possession of Mr. G. ELLIOT, 1\1,1\, and is now one of the items of that large p^ty \those ownership rests upon the decision of a suit at law. Aberaman works did not result SQ guojessfully as their owner expected, and although his coal trade was large and profitable, he gave up the whole estate, and returned over the moun- tains to Monmouthshire. His return infused new energy into the works at Nantyglo and Newport; but failing health and increasing years compelled him to relinquish the active management of the extensive works into which his original purchase had swelled, The Blaina Iron Company relieved him of the manage- ment of these works by purchasing the whole of his j large property. He then retired into comparatively private life, and the iron world knew him as a working ironmaster no more. But as a safe speculator, and as a promoter of local railways, he was still active, and that shrewdness and long-headedness which had dis- tinguished him in every step of his transition from the Yorkshire lad to the millionaire here served him in equally good part-whatever he touched he seemed like th? wand of MIDAS, to turn into gold. Truly, money makes money, and success induces success. He went on working with money, and his work proved more than profitable. He was one of the large shareholders in the Penarth Dock and Railway Company, and Vas the chairman of directors up to the time of his death though his feeble health had prevented him from presiding at their meetings for some years past. His successful labour and his fortunate enterprise made him wealthy even among the wealthy and he has quitted this life the owner of an immense fortune. When Sir JOSEPH BAILEY died it was estimated that he left behind him four millions of money. Though this appears small compared with his cousin WJLLIAM CRAWSHAY'S eight millions, it was still a gigantic for- tune to leave. CRAWSHAY BAILEY will probably have died as wealthy as his brother, and his fortune will show to the million that opportunity, enterprise, aud intelligence alone are wanted to Bolve the preblem which puzzled chemists of oid, and turn dross into gold. It is only a few weeks ago that G*AWSHAY BULKY became ill. The wonderful constitution which had enabled him to labour as he did, sustained his sink- ing energies, and supported his failing vitality. But his time had come. Skilful physicians could only alle- viate luffering, and avert pain they could not drive away Death, the inevitable. At his residence, Llanfoist House, Abergavenny, at the ripe old age of 84, he closed a useful and honourable life on Tuesday last, and in the midst of his family he quitted this world, which to him had been a hard and busy one, for another which is less disturbed, and let us hope, more happy than that he knew in his scene of earthly labour. The deceased gen. tleman was a Deputy Lieutenant of the counties of Glamorgan and Monmouth, and a Justice of the Peace for the counties of Brecon and Carmarthen. He mar- ried Anne, daughter of Mr. JOSEPH MOORE, of Mitchan, Surrey, whose demise preceeded his own, and he has left a son, who recently married a daughter of Count METAXA, and a daughter now relict of Major GWYN. Tmt NINE HOURS' MOVEMBNT.—The agitation in favour of the nine hours' movement continues to de- velope itself in connection with various local industries, following in the wake of similar action in other towns. Oa Saturday evening about 200 of the shipsmiths of the port met at the Blue Bell Inn, High-street, when a number of speeches were delivered, in the course of which it was contended that the shipsmiths worked nine hours more than any of the other artizans con- nected with the shipping. It was resolved that a cir- cular should be addressed to the employers asking them to adopt the nine hours systim, and deputations were appointed to wait upon the various firms for their answer. On Monday evening a large number of masons held a meeting at the Carpenters'Arms Inn, theHayes, for the discussion of the same matter. Deputations from the General Union and the Amalgamated Society of Carpenters were present, and, after considerable dis- cussion, it was resolved to adjourn the meetiug to an early day. On Wednesday evening the shipwrights held a meeting at the Cardigan Arms, Maria-street. Their action was taken in concert with a general move- ment which is going on amongst the shipwrights of Newport, Llanelly, Swansea, Bristol,- and Gloucester. It was resolved to send two delegates to attend the dis- trict meeting, which is to be held at Newport on the 22rd inst, when a memorial will be adopted asking the whole of the master shipwrights throughout the Bris- tol Channel to adopt the nine hours system. In addi- tion to the firms whom we announced last week as having adopted the nine hours' a day, we may add that Messrs. Edwards and Gover, carriage builders, St. Mary-street, have, unsolicited by their workmen, ex- pressed their intention to adopt the new system.

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