THE DAILY EVENING TELEGRAPH. PHILADELPHIA, FRIDAY, MARCH 1, 1807, THE MEW YOltK PRESS. EDITORIAL OriNIOHB OF THE LKADINO JOURNALS UPON CUHRKNT TOPICS CoMI'ILKD KVKIW i. DAT FOB THB KVKNINO TKLKUHVrU. flam una Kiblblled hy Grseley. from the World. Iloraie Greeley was lorn to be tlio manager JJa wax-work show. Neither the Mrs. Jarloy rficllon nor the Madame Tussand of fact can Jloompared with him In prompt and profita jla appreciation of the market value of a mon I fcter. His "Chamber of Horrors" in the Tri lunc is infinitely more fascinating, with its flaily kaleidoscope of assassinated loyalists, tortured freedinen, and crucified Bchool jnannfl, than any collection of the sort which 3s elsewhere accessible. And, such is the just confidence of Horace Greeley in his genius, lb at he has not feared to grapple at last with the long-recognized prince of humbug him tolf, and to attain, by a single stroke, the Joftiest pinnacle of fame. The spectacle of 2 T. Itanium exhibited by Horace Greeley jocalla that of the Kmperor Valentinian used as a horse-block by the victorious Sapor. He nxo had triumphed over Joyce Heath and the Coolly-horse, over the Feejee mermaid and lhe Aiteo children, who had put a hook into She nose of the leviathan public, and chained She morning star of Swedish song to his hariot wheels, is now in his turn become Ct show. Horace Greeley has caught him, and phaved him, and clad him in a white sheet; he 3ias bound a virginal fillet about his mature Jjrows, and put a penny trumpet to his lips, sand compelled him to proclaim to all the land, 'behold the perfect man, and marK tne up right l" For the small price of four cents, any purchaser of the 1 ribune is invited by Horace Jreeloy t walk up and inspect the only candi date for Congress who will never "sell his Jnrthright for a mess of potage," and who "would rather a thousand times be defeated than permit one grain of gold to be accursed )Lt l.'ssoly using it to induce a voter to act con trary to his honest convictions." It is impos sible to deny that so brilliant and amusing an entertainment has never before been offered to Sin intelligent public at so small a charge. At The management has surpassed itself in the general get.up of the booth, as well as in what SJqueers would call the "richness" of the curi osity it contains. Before the door stands Horace Greeley himself, in a big wig and black julk gown, uttering these impressive sen tences: Ttie practice of buying votes Is bo flagrantly torituinal, mo palpably UoHtructive to repub lican liberty, that no language can ade quately portray Its enormity. It must be furcated at whatever cost." ' In "tho mind's eye, Horatio," do we not Jiere behold Simon Cameron, Governor Mor ion, and other "flagrant criminals" slinking sway, rebuked at these ominous sounds 1 jViiat mil vi nT)0n their guilty souls ! what a glow of virtuous upyivwn n.ui lhe hearts of the public when they see them ;flyin with averted heads! And ohl how delicious the sensation that awaits us when, Slaving paid our small fee in the open hand of lhe showman, we enter the sacred precincts, nd find ourselves face with the pure, the jroud, the spotless P. T. B. 1 "This, ladies and gentlemen," exclaims the eloquent H. G., "is the being who has resolved tc arrest, at any cost, the infamous practice "which we all of us so cordially condemn I .Admire the apostolic simplicity expressed in lhe parting of his hair, the beatific unworldli 3aess of his smile, the guileless candor of his paze t He wears,you will observe, a white fiheet, in graceful allusion not only to the classic custom whereby each candidatus who asked the suffrages of the people, being clothed 5n candid white, did so proclaim his purity of thought and purpose, but also because a sheet 3ias no pockets; and our friend, fearing lest Ids enthusiastic supporters might perchance insist On spending his money unbeknown to him, in order to secure his election, has nobly resolved 3iot to carry a sixpence about his person until lhe polls are closed. You will the more appre ciate tliis, when you know that the wicked Cop perheads who oppose him have nominated a Siamesake of his a very wealthy Mr. Barnum,a sniserable manufacturer, not of woolly horses and seven-headed calves, and other elevating works of art; but of hoes and shovels, and Other vulgar implements of iron; and that our great leader, Senator Sumner, has received several letters informing him that this "Wretched man intends to spend $50,000 in corrupting and buying up the intelligent leading men of New England like sheep in the shambles. Ah 1 ladies and gentlemen, what was the stoic incorruptibility of Cato, what the continence of Scipio, in comparison with the virtue of the remarkable man be fore you ? Don't tell me that perhaps all this etory about the extravagant intentions of the iron-mongering Barn u in is all my eye and also Elizabeth Martin. I am well aware of 'that; but when you consider the natural passion of beings like our friend ot giving away greenbacks promiscuously on the slightest provocation, you must surely See that the patriotism which could withstand Such a temptation as this to the bestowal of more than fifty thousand dollars upon men so worthy and enlightened as all men who vote the Republican ticket straight must necessarily he, can only be adequately recognized by the unanimous election of our friend to Congress, and by a largely increased subscription to the 2'ribune, daily, semi-weekly, and weekly, which will lie supplied to clubs on favorable terms, with strawberry plants thrown in, and 310 extra charge whatever fur wrappers." If the voters of Connecticut, the "intelligent leading men of New England " can resist such appeals aa this to their nolAest sensibilities, they will deserve, every man of them, to be furnished with compulsory season tickets to the gallery of Barnum's Museum for the term f their natural lives. Barnum at III Trick Again A New Political FceJ Marinald. JVom the Herald. Forty-two years ago John Randolph, of Hoanoke, and Tristam Burges, of Rhode Island, were emphatically "representative Bum" in Congress, the one of Virginia and the South, the other of New England. During their memorable war of words, and before the latter demolished the former by a final blow, thanking Heaven that "monsters cannot pro pagate," Mr. Randolph won a signal advantage over "the bald-headed eagle of Rhode Island," hy exclaiming, in response to his antagonist's -..1 r.r V.nU, ul.. 1 . eumujf vi junn.cu DuicnuuHHs, "what you tall Yankee-shrewdness we call YuicH -u,i. dling I" lut n Randolph could have had no adequate conception of what he so sharply Stigmatized, nor of such an astonishing incar nation OI U as, in me pursuit vi r. l, Uarnum, vas already "cutting eye teetb,' at Grassy Tin n. in the wooueu iiuuneg oiaie. y. t. h, himself little dreamed of the dizzy heights of fciunliuff which he was destined to climb. II was then content to mix sugars, teas, and liquors, to sf 11 cotton for wool, wool and cotton for silk and linen, burned peas,, bean 4, and corn for ground coffee, and oorn moal for gin ger," and to get rid of Old bottles and tin by aft ijigendsio lottery iswindle. At least bo he in forms iib in "Th hife of P. T. Uarnum, writ ten by himself." He had not yoot been in spired by prophetic visions of Joyce lloth, Niagara Falls in the Museum, the Feejofl mer maid," Tom Thumb, the Swodish Nightingale, the woolly horse, the happy family, lranist&n, the Capitol at Washington, and tho White House 'at. tho other cud of the avenue." Now, however, after having "energized his func tions," as Dr. Rush used, to say, in a surpass ing variety of ways, Barnum stretches him self for new and still more audacious flights. ( As a Congressional candidate lie begins by exhibiting a characteristic correspondence with a mysteriously anonymous writer whose roal name may be Outis or Noone.for aught we know This correspondence might form a curious ad ditional chapter in the next edition of the "Model Letter Writer," or of the "Apocrypha." It bears a striking family likeness to tho Fejee mermaid, which was so fearfully and wonder fully made. It is a political Feojoo mermaid. It finely illustrates certain suggestive queries which the illustrious showman, with some thing like second sight, made two years ago, under the head of "Personal Reminiscences," in his work entitled "The Humbugs of the World." "Need I explain to my own beloved countrymen," he asks, "that there is humbug in politics t Does anybody go into a politioal campaign without it?" Obviously he does not w ish to be suspected of being bo green himself as to "go into a political campaign without it." "What a future smiles upon the aspiring Barnnm ! How shrewdly he has chosen his moment for entering the political arena ! The radical party is without a leader. Sick of Sumner's midnight oil orations, sore under Iliad. Stevens' lash, tired of Banks' attitu dinizing and sonorous monotones, bewildered by Raymond's feats of ground and lofty tum bling, distrustful of light-fingered Ben Butler, vexed at Ashley's blunders, they await impa tiently the coming man and his name is Bar num. He recommends himself to them by writing his Own letters of introduction in this bogus correspondence. His denunciation of bribery and corruption is so sincere that they must adore his immaculateness. We fear that perhaps he almost overshoots the mark by taking such aius to throw out the im pression that he will give no money to secure his election. If he had said nothing about it, who would have suspected him of ever giving away anything but free tickets to his museum? Under the leadership of Barnum the radical party will be thoroughly reconstructed on the grand historical principle of philosophical hum bug. Barnum has mastered that principle. He has fully revealed it to the world in the two works to which we have alluded, "The Life" and "The Humbugs." Together these compose what 'may be called Barnum's Bible. From Gibbon and the encyclopedists he has collected the history of all humbugs, from the Father of Lies humbugging live in the Garden of Eden, . through tho. Witch of Endor, the r.gymnn, ui.6iuiuu i- , (iays 0f Moses, Apollonius Tyanasus, Cornelius AgrPp, roa. liostro, the Count of St. Germain, George Psalmanazar, Prince Hohenlohe, Joanne South cote, Matthias, Joe Smith and the Mormon Bible, the Davenport Brothers, the Japanese jugglers, and the rest, down to Barnum him self the last, but by no means the least ! The Connecticut election will be eventful, curious, and intensely interesting. If the Democrats should chance to carry tho day, which is not impossible, farewell to the hopes which Barnum's candidacy inspires that the radical party and New England itself will, tinder his leadership, be reconstructed on a new moral basis of swindling ! The country will lose the benefit of the lessons which the Great Panjandrum of Humbug might give to Chase, and McCulloch, and Jay Cooke, and the other financial illusionists at Washington. Pretty tricks as they know how to play with the national finances, they might yet learn much from Barnum. The South and the Reconstruction BUI. FYom the Times. The suddenness with which the Reconstruc tion bill has come upon the South seems for the moment to baffle its calculations. The jM?ople have not yet recovered from the sur prise occasioned by the passage of the measure through Congress, and are evidently at a loss in regard to the full scope of its provisions. They have not had time to think over the mat ter fully, and their newspapers have hardly begun to realize the altered aspect of affairs. We must wait awhile for the means of forming a positive judgment as to the disposition of those affected by the measure. In the mean time, however, it will be interesting to watch the temper and tactics of their local press. Among the remnant of the fire-eating party the prevailing feeling is a mixture of incredu lity and defiance. k"lIoping against hope," they cling to tho idea that tho President may save them frem the operation of tho law; or, if not the President, at any rate the Supreme Court." Before its provisions can be enforced," declares the Lynchburg (Va.) News, "the President will have to be deposed, and the Supreme Court remodelled or abolished." There is an undefined faith, too, in the Northern people, the majority of whom, it is blindly supposed, afc-e adverse to the action of Congress. With a complacency that would be amusing if it were not suicidal, the Montgo mery (Ala.) Mail assures its readers, "If we stand firm, the people will come to our rescue." The Richmond Enquirer appeals to its Northern friends to plunge into the breach, and in some way prevent the consummation of tho Congressional work. Tho views we reproduced on Wednesday from the leading Democratic newspapers should convince the' Etumirtr of the folly of its appeal. Indeed, another Richmond journal, the limes, does not conceal tho disgust excited by recent De mocratic movements, whether as typified by Mr. Reverdy Johnson or by the House mi nority: "In the ITouse of Representatives, when the radical party were rent In twain by dissen sions, the so-called 'Demosratlo' minority co operated with Thatldeus Stevens, and were the cause ot the adoption of that, amendment, which Imposes negro Buflrage upon us whether we adopt or reject the Constitutional amend ment. The whole course of this minority, we are pained to say, demonstrated that except at '(ramblers' rllc ' nnr rtihtx nnii llbertinH are no more regarded by the minority than by the majority in Congress, and we leel It our duty to admonish the people of the Bouth that In no tep which the fearful exigencies of the hour may require them to take, should they place the BllghteBt confidence In assistance from the Deniooratlo' minority which lately alliliated with Stevens." How, then, Bhall the issue be met ? The Columbus (Ua.) Sun, although "satisfied that tins bill is the very best" that may be ex pected, and preferring to "stand by the portion dealt out to us," rather than to "trust to the tender mercies of the incoming Congress," finds nothing better to ,,,,mm..? i.i.nn passive submission. Its ilulorml,v i limited o the fact that after the How of mm the tbb; forgetting that the ebb will bring no relief to those whom the flow may have drownod." The' Richmond Enquirer proposoa to stern the torrent lb rough the instrumentality of fhH Riinrl.tiiA f'nhrti ' i "The fniidnnwntiiJ proportion of the whole l mm wnion uonieR uic exiHtenmi nd Integrity of ourHiBttoiRnnlr.iiUc.im. or d-fpnne lies in trTrrlrlg this position. Our only mode of innking ilils dofenne Ih by an appeal to the C. urij. Ibis 11 Ib our duty to make. A case mum be made up; and we auppone it may be bi eedily. done under the third of the aoove reclU'djtiolntn.Mi the qu. ndon of eligibility to lir.lt.wll!.b,,1.)nU,nUo" the Tmngerem fi . h,"i.r Vml.tl,e rrM""'1Uon will dlnplaoe thosn liable to It who are now In office. An Sit ..'i. .ool.n;?"l,or " application to pro hibit It, will net the qaeHtloi, before the Courts. If beheld thnt our Htaie Oovemmenti are valid and according to the Constitution, then all the KttemplH to alter our sutlmae and to dictate qualifications lor Hlate office will be pronounced void We must bring to Judicial t st, also, the rlKht of Congress to pbns martial law and to subordinate the civil to the military In these Btntee, in a time of profound peaoe. publicly proclaimed." F ' Again the Richmond amswer: Times supplies an "1 he increasing infirmities of two of the five conservative Judges loreshadow the death of at lOHhtone of these venerable men in less than twelve months. The Senate, In such event, will ref use to confirm any iiomluatloo of the Presi dent unlehs the nomlnoe Is In strlotaooord with Chase. We shall then have a Hnpreme Court consisting of eight members, oom posed of lour radlcalH and four conservatives. This will lead io a uiviueu uourt wheuevcr any question Amur inn An t rf .V... 1.. !... i ... p,....r ,.vw. .. irgmiHiiun oi (congress upon the Question of recotmi motion ! And, we believe, an appeal falls when the Court U divided. And the anneuiiL it mn.i. k. bered, will be from the decisions of UnUorwoods aild the llUSteedH. Willi hnun nulthu Un.lnM character, decency, nor rueroy. The deoislon of vno nupreme uouri, in the matter of the 'test osth, has already been set at defiance by sub ordinate Federal Judges, sitting In sight of the dome of the Capitol." ! Besides, while the Supreme Court may set aside a particular enactment, it cannot relieve the bouth from the dominion of Congress. It may cause delay, but it can in no respoct ex tncate the bouth from its position. And meanwhile Congress will adopt vet harsher measures, and the Northern people, incensed by wnat will be considered Southern contu macy, will Bustatn Congress in its course. In all probability the personnel of the Supreme Court will before then be in harmony with Congress. So that, as the Richmond Times points out, the South will commit a fatal blunder if it relies upon a judicial docision to secure more lenient conditions, i , In other quarters, it is suggested that Con gross should be left to work out its plan the Southern people standing aloof. The Macon (Ua.) Journal insists that tho government of the bouth by military machinery is practically impossible, and that what Congress considers Provisional Governments are essential to reconstruction. But if these Provisional Governments argues the Journal are frauds and usurpations, their members should refuse to continue their labors, that Congress may be made summarily to confront the diffi culties of its task. The Lynchburg Virginian inculcates the same doctrine. "Let Con gress take the whole charge of the adminis tration of ten States. We would, favar it rather than accept reconstruction upon the terms offered." The Petersburg (Va.) Index not only objects to tins particular law, but to -v torm ot reconstruction that embraces the tesioaui. An, -wa not Detter 0ff without Congressmen than we would be mi.-P0nHIlteij in Congress?" 'is the query with which the index seeks to vindicate its .opinion. But how is all this to help the South t What benefits will it confer ? What rights restore t The South will remain out of the Union, and the exclusive power of determining the conditions of restoration will continue vested in Congress. With this fixed fact before it, what profit, or convenience, or dignity can non-resistance and non-action bring to the bouth f The plan "appears to be entirely permissi ble and not obligatory," remarks the Mont gomery Mail. We think that the assumption is not warranted. Congress has provided a method of reconstruction, under which the existing State Legislatures may take the initia tive by providing for the assembling of the contemplated Convention. It does not tollow, however, that if the local Legislatures neglect the opportunity, reconstruction will be inden nitely postponed. The next step will bo to provide for the election of delegates by other than local legislative action; and the men who now imagine that their obstinacy will sunice to thVart the law, will discover to their cost that reconstruction may be carried on without them. The Richmond Examiner, of all the Southern journals that have come under our notice, alone seems to comprehend the wisdom of action. Referring to the plan of Congress, the Examiner says: "With all Us multiform abominations, it con tains one feature hitherto uuseru In any act of the Thirty-nlntn Congress. Upon me imm inent of certain renuiieinents by a Southern Stale. It declares:!': " 'Hucli Stale shall be entitled to a representa tion in Congress.' "Those words, should they become the law of tne laud, are a summons to tne representatives of the people of Virginia which they cannot afford to disregard. They contemplate the re surrection, at some time, of the tstate now de stroyed. And if there is no legal and peaceful means oi resisting tnal destruction, we snouiu consider at once the question whether we shall set about the work of resurrection. "That the Virginia Legislature should take this matter into earnest advisement Is a posi tion which, we suppose, no one can dispute." Passing from newspapers to politicians, wo observe that Governor Peirpont, ot Virginia, urges that a convention should be called at once in that State. If the Legislature refuses he is reported to have remarked "designing politicians" outside will proceed on their own account; and we apprehend that the same may lie said ot every excluded State. In Georgia, ex-Governor Brown has published a similar recommendation, and his words will undoubt edly influence the people, whether the politi cians heed them or not. Governor Orr is also exerting himself to overoome the extremists of South Carolina; and it is not unlikely that the insulting violence with which these counsels have been received will induce hini to attempt the organization ot a new party m the State, with a view to its reconstruction in harmony with the will of Congress. Our Charleston cor respondent represents that tho eflbrts of Gov ernor Orr have not been without effect upon the people, of whom it is said that "they are now willing to make great concessions." When the purpose of Congress shall bo more com pletely realized by the South, we may expect that this willingness will make itself felt. We look to the people to overcome the pride and selfishness of politicians, and to substitute prudence and concession for the vanities which are taught by the newspapers. i STOVES, RANGES, ETC. QULVER'S NEW PATENT ; DEEP HAND-JOIXT HOT-AIR FURNACE. i ! BAN OEM Or A III. SIZEA, ! Also, Vhllegar's New Low Pressure Bteam Heating Apparatus. Hot sale by ' i CHARLES WlttlAM, . i 8 10 . ; No.' U8 MABKET Street. I'fi. A " Jj . ft. Bold by a" droKRlsts atl per bottle. iio. 4tCliESNUT Street. Philadelphia, Pa, FURNITURE, BEDDING, ETC. TO HOU SEKEEPEIIS. I have a large stock of every variety of FURNITURE, Whlrh I will sell a reduced nrlem, consisting of PLAIN AM) MAKBLE TOP COTTAUU SUITa, WALNUT CHAMKEH SUITS. PAkoH BU1T8 IN VELVET PLUSH. PAKLOK SUITS IN HAIR CLOTH. TT, r r.Tl 1.1 1 ITS IN JtKl-H. biriohnnrda. Extension Tables, Wardrobes, Book cases, Vaiuesses. Lounges, etc. etc. ,, 8 11 N. E. corner SECOND and BACK Streets. ESTABLISHED 1705 A. S. ROBINSON, French Plate LooKlng-liMisscs, ENGRAVINGS, PAINTINGS, DRAWINGS, ETC. Kannfacturer of all kisdi oi LOOKING-GLASS, F0BTBA1T. AKD PICTURE FB4KE8 10 ORDER. No. OlO CHESNUT. STREET THIKD DOOR ABOVE THE CONTINENTAL, l-HILADKLPHIA. 3 1S COAL. QOALJ COAL! COAL J. A. WILSON'S: ' ' (Successor 16 W. L. Fount.) LEHIGH AM) SCIIUlf EKIEI. FAMILY COAL YARD NO. 1517 CAEEOWIIIEL. ST., P1IILA. Attention Is called to my HONEY BROOK LElilUH and RK-BKOKKN ttCH V YLKILL, botu superior and unsurpassed Coul. Com ana rreparmioiia oest in tne city. v inim SHIRTS, FURNISHING G00DS,&C. J W. SCOTT & O Q., SHIRT MANUFACTURERS, AND DKALEM IN MEN'S FURNISHING GOODS, No. 814 CHESNUT STREET, FOTJB DOORS BELOW THE "CONTINENTAL." PHILADELPHIA. 8 27irp PATENT SHOULDER-SEAM SHIRT MANUFACTORY, AKD OEXTEEMEN'S FURNISHING STORE PERFECT FITTING SHIRTS AND DRAWERS made from measurement at very short notice. All other articles of GENTLEMEN'S DRESS GOODS in full variety. WINCHESTER A CO., 1 11 - No. 706 CHESNUT Street. CUTLERY, ETC. CUTLERY. A fine assortment of POCKET and TABLE CUTLERY, KAZOIW. RA ZOR STROPS. LAUIKS' UCltJaOKd PAl'i-R AJSK TAILORS' BllEARS, ETC.. at Cheap Store, No. 135 South TEN'i U strt. 11 g Three Uoors above Walnut. HOUSE AND SIGN PAINTING. THOMAS A. FAHY, HOUSE AND SIGN PAINTER. (Late Fahy & Bro.) No. 31 North THIRD Street. City and country trade solicited. Satisfaction guar illlliu anteed ou all work. EDWARD DUNN, (Late of the Firm of FAHY & BRO.) HOUSE AND SIGN PAINTER. Glazing, Graining, Gliding eld NO. 53 SOUTH FOURTH STREET, 1 Philadelphia. DYEING, SCOURING, ETC. fRENCH STEAM SCOURING ESTABLISHMENT, NO. 010 RACE STREET. We beg to draw your Particular M l'!V " new FRENCH bTEAM BCOU1 "f'ft.ft At"li olty. MKNT, the first and only mif al r restore We do not dye. hut by, a eham MH t0 tliolr Ludii.s'.GentU.u.en's.BudlhU' reo "".fffj," "be least, original slalts. without "J''nf "V "aohlDary Iroin while great experleuoe aud '"liHlM,Uoa to all FraucS enalila us lo ' fr. ",'S. LA1IEH' who may lavor us will; the Ir pa tron. of wjtuout )RE.SeiK8, ot every deecr '"?'he, without being Trimmings, are c1lld.B',,0r be geiiuUie vr not. taneu apart, whether h t'rt .ur?is. Table Clovers, i Oura Uoak aiid MautiiiB"; etc., cleaned and renniHhedlulhe best waiiu". w ft,otloll wll and Winter Cmlhii's "i,.lttK and Banners. Carpels, Velvet B'b", mer. Ueutleuen's Bummer All hole. Injury to the lun-i without cleaning the whole i MzMrn kinds ot stains r" -uudBr our immeuiave super All orders are ifff.", guaranteed in every instance, vision, and ""''Jivioii To our process is respecttully A cull ftutj e4 M ; Ai.cEDYUL.ee MAnx. ,10wft , NO. 81 RACE STREET. FINANCIAL. pun noYLv ami a ' STATE LOAM; M-aaasB PROPOSALS FOR A LOAN or $23,000,000. AN ACT TO CEXATK k LOAN FOB THE BEDEVPrXOlf 07 TEE 0VXEDUE BONDS 07 THK COMMOirWEALTH. Whereas, The bonds of the Commonwealth Bad certain certificate of Indebtedness, amounting to TVTENTY-TUREE MILLIONS OF DOLLARS, have been overdue and unpaid for some time past; And whereas. It is deHlrable that the same should be paid, and withdrawn from the market; therefore. (Section I. He U enacted oy me aenaie ana nmn of Representative of the Commonwealth of Penn sylvania in General Assembly met, and it is hereby enacted bv t,e authority of the same. That the Governor, Auditor-General, ana i-tuue xrea surer be, and are hereby, authorized and em powered to borrow, on the faith of the Com monwealth, In such amounts and with such notice (not less man iorty aaysi aa vuoy iuy deem most expedient for the interest of the Siato, twenty-three millions of dollars, and lBsue certincates oi loan, or uouun oi wa vajiu monwealth for the same, bearing Interest at a rate not exoeedlng six per centum per annum, payable semi-annually, on the 1st of February and 1st of August, In the city of Philadelphia; which certificates of loan or bonds shall not be subject to aay taxation whatever, for State, municipal, or local purposes, and shall be paya ble as follows, namely: Five millions of dollars payable at any time after five years, and within ten years; eight millions of dollars paya ble at any time after ten years, and within fif teen years; and ten millions of dollars at any time after fifteen years, and within twenty-five years; and Bhall be signed by tbe Governor and Btate Treasurer, and countersigned by the Auditor-General, and registered In the books of tbe Auditor-General, and to be transferable on the books of tbe Commonwealth, at the Farmers' and Mechanics' National Bank of Philadelphia; tbe proceeds of the whole of which! loan, Including premiums, etcetera, received on the same, shall be applied to the payment of the bonds and certificates of In debtedness of the Commonwealth. ' Hectlon 2. The bids for the said loan shall be opened in the presence of the Governor, Auditor-General, and State Trensurer, and awarded to the highest bidder: Provided, That no certifi cate hereby authorized to be Issued shall be negotiated for less than Its par value. Hectlon 8. Tbe bonds ot the State and certifi cates of indebtedness, now overdue, shall be receivable in payment oi the said loan, under such regulations as the Governor, Auditor General, and State Treasurer may prescribe: and every bidder for the loan now authorized to be issued, shall state In his bid whether the same Is payable In cash or In the bonds, or certificates of Indebtedness of the Common- Section . That all trustees, executors, admin istrators, guardians, agents, treasurers, com mittees, or other persons, holding, In a fidu ciary capacity, bonds or certificates of Indebt edness of the State or moneys, are hereby autborlsed to bid for tbe loan hereby authorized certificates of loan held by them at the time of malting auoti bid, ana to receive tne Donas authorised to be lasued by tbla act. Bection 6. Any person or persons standing In tbe fiduciary capacity stated In the fourth, sec tion of this act. who may desire to Invest money in their hands for the benefit of the trust, may, without any order of court. Invest tbe same In the bonds authorized to be issued by thlsvaot, at a rate of premium not exoeed Ins twentv tier centum. ' Section 8. That from and after the passage of this net, all the bonds of this Commonwealth shall be paid off In tbe order of their maturity. Section 7. That all loans of this Common wealth, not yet due, shall be exempt from State, municipal, or local taxation, after the interest due February 1st, one thousand eight hundred and sixty-seven, shall have been paid. Section 8. That all existing laws, or portions thereof, Inconsistent herewith, are hereby re- PJale1' JOHN P. GLASS, Speaker of the Houbc of Representatives. L. W. HALL, Speaker of the Senate. Approved the second day of February, one thousand eight hundred and sixty-seven. JOHN W. GEARY. In accordance with the provisions of tbe above act of Assembly, sealed proposals will be received at tbe Olllce of the State Treasurer In the city, of Harrisburg, Pennsylvania, until 12 o'clock M., of the 1st day of April, A. 1). 1867, to be endorsed as follows: "Proposals for Penn sylvania State Loan," Treasury Department, Harrisburg, Pennsylvania, United States of America. Bids will be received for $5,000,000, reimbursa ble in five years and payable In ten years; $8,000,000, reimbursable in ten years, and payable in fifteen years; and $10,000,000, reimbursable in fifteen years and payable In twenty-five years, The rate of Interest to be either five or six per cent, per annum, which must be explicitly stated in the bid, and the bids most advanta geous to the State will be accepted. No bid for less than par will be considered. Tbe bonds will be Issued In sums of $60, and such higher sums as desired by tbe loaners, to be free from State, local, and municipal taxes. The overdue bonds or the Commonwealth of Pennsylvania will be received at par in pay ment of this loan, but bidders must state whether they Intend to pay In cash or in the overdue loans aforesaid. No distinction will be made between bidders paying in cash or overaue loans. JOHN W". GEARY, Governor of Pennsylvania. JOHN F. HARTRAN FT, Auditor-General W. H. KEMBLE, State Treasurer. N. B. No newspaper publishing the above, unless authorized, will receive pay. 2 7 7 3-10s, ALL SERIES, CONVERTED INTO Five-Twenties of 1865, JANUARY AND JULY WITHOUT CHARGE. BONDS DELIVEBED IJIMEDIATELT. DE HAVEN &DROTHER, 'nMV Ko.40 S()lTnTmaDSL pm S, PETERSON & CO., ' No. 39 S. THIRD Street. CIOVERMSIENT SECURITIES OF ALL HINDS, AND STOCKS, RONDS, ETC., BOUGHT AND BOLD AT THB Philadelphia and Hew York Boardi of Brokers, rOJlPOVKD INTEREST NOTES WANTED; , Pit ATX ON NEW YORK i Always for isle In sums to suit purchasers, f 1 1) im FINANCIAL. jAY(jOGEE&(p. 112 and 114 So. THIRD ST. PHILAD'A. Pealers in all Government Securities OLD WANTED IN EXCHANGE FOR NEW. A LIBERAL DIFFERENCE ALLOWED. Compound Interest Notes Wanted, ' INTEREST 41 LOWED ON DEPONITa. Collections made. Stocks bought and sold on Commission. Special business accommodations reserved for dies. 12 24 3m4p PJEW SIX PER CENT. REGI8TEKED LOAN OF THB LEHIGII COAL AND NAVIGATION C. Bl'B IN 1897. INTER KST PAYABLE QUARTERLY, FREE OF TJNITEU STATES AND STATE TAXES, FOR SALE AT THE OFFICE OF THE COMPANY, NO. 1311 SOVTII SECOND STREET. , , , i This LOAN Is secured by a First Mortgage on the Company's Railroad, constructed, and to be con structed, extending from the southern boundary f the borough ofMaucu Chunk: to tbe Delaware River at Easton: Including their bridge across tbe said rirac now Id process of construction, together with all tbe Company's rights, liberties, and franchises appertaia Ing to tbe said Railroad and Bridge. Copies of the mortgage may be had on application at the Oflics of the Company. SOLOMON SHEPHERD, 2 28tt TREASURES. FIRST-CLASS SEVEN PERCENT. BONCS. North Vissonri First Mortgage Sevea Far Cent Bondt for tale at 8 5. All InlonsaUon cheerfully glren. , JAY C00EE & CO., BANKEB3, No. 114 South THIRD St. 121 9m4 isansecrs, k gZtabdA in. flL f. ZTexMlllLtA and oldart Exchange, and memad of gftoxk. and c&cld xciarujes In twh rMei, ffLrratuttA. af frank, and J&cuikiLL - ircettied an. ielmA, t TyiLLIAM PAINTER & CO., BANKER81 No. 36 South THIRD St. JUNK, JULY, tad 7-3 Os AVOCSV C0JTVE&TXB INTO FIVE-TWENTIES And the Difference in Market Price AIlOTtd. BOHDB DELIVULD IMMEDIATELY. CHWm RATIONAL BANK OF THE REPUBLICS Nos, 809 and 811 CHESNUT Street, PHILADELPHIA. CAPITAL, SSOO.OOO-FCLI, PAID. DIRECTORS Jos. T. Bailey, IWilllnm Krvlen.lBam'l A. Blspham. Edw. B. Orue. Osbdoi1 Welsh, Fred. A. Hoy I, Nathan HlUes.lB. Howluud, Jr..lVm. H. Khawn. PRKSIDKNT, WILLIAM H. RHAWN. CA8UIKS, JOSEPU P. MUMFORD. I 31 Ira SAFE DEPOSIT COMPANY, Tbe Fidelity Inauramce, Trust and Safe Deposit Company, for tbe Safe Keeping of Bonds, Stocks, and Othsr Valuables. CAPITAL 9 S00,000 ' m a serous. N. B. BROWNE, IKDWARD W. CLARK. CLARKNC'K H. CXAltK, AL1CX ANDKH UKSttV JOHN WELSH, h. A. CALDWELL. J. UlLLINliHAM FELL.lHKNHY (J, OIBSOW ' CHA11L1.S MACALfcHTKH. ' omceln thu Fln prool Huililliw or the Phlladelnlila National Bank, CJ I KN UT btrel above Fourth 1 h la Company leivlvm on depoNlt, and GUARAV. TEES Til K kiAl K KEEPING OF V'ALUABI S upon the lollowmu rates a yeur. ri..: Coupon Bonds i uiT... ..r.ri. si "as our siooo nii.vivuniur nuiiHU ...Ih.ni Oold or bllver Mule ' i,P,IrKuS. Cash Boxes or small tin boxe or'Bunkers BrouS CapltallHta, etc, coiitenia unknown U th n S' and liability limited, ins a year. Couipauy. . The Company ofl'ern for KENT ireninv ...iii..ir holdliiB the key) bA EES INSIDE ?r '8 VAI'I TO If loeu'tlo'n. ,S0,'lUt!,74n y9ur' 5'"uir to slm aud Coupoiis and Interest Collected for one per cent. Pe cent TruHIBOfve?y dpu 'Qa XWU" ?.??ri!rJfJ.. N. H. BHOWNK, HresldaoU lWBk.Hr 1'ATTKnsoK, Kerreiury sud Treaiui(!f. '
Significant historical Pennsylvania newspapers