CHAIRMAN QUAY'S ADDRESS THE CLAIMS OP THE REPUBLICAN PAKTY TO SUPPORT. A TEMPERATE AND STRONG PAPER THE AXSWEB TO THE CHARGE THAT TBI STAT I ADHI51STKATIOS HAS BEES FINiKCIAI.LT BECEXIsS AXD HIPKOYIDEKT WHAT TUB FAKTT OAS DOKB FOB TQB FXOFLB TUB financial rosrnos. To tiit PtopU of Prmvy'rmia. The Republican party of Pennsylvania, la appealing one more to the people fur their uflrages, dues o with the conviction that the candidates upon lta ticket are in every way wo-tby of support; honest, capable, and faith ful to it principles, and tbat the record cf the party einee lta advent to power, demonstrates that the Commonwealth ha never ao prospered aa when nnder Republican rule. The Democratic party held almost unbroken control of the State from to 1658. Ex cepting- Governor Rltner and Johnston, it Lad all the Governor elected during that period, and controlled the Legislature in both brauebe In every year but three. During that time it boilt up an eaormoua debt of over forty mil lions of dollars, and produced the Canal Kin?, under which tbia debt waa contracted, which did more to foster Jobbery, promote corruption, and establish traffic in oUlee, than auy organiza tion tbat baa ever existed here. The Republican party obtained partial con trol la 1S5S and 1S58, and was completely suc cessful in 18(10, and has remalued in power with but one or two interruption slue that year. Under it hands the credit of the State, im paired by the recklessness of lta predecessor, has been restored; the State debt has been re duced from 1 12,000,000 to tiii,iiG0,Uj0, with an accumulation of a kinking fund, practically reducing it to 113,000,000; a war debt of three ud one-half miliiuna has been paid; the tax of three mills upou all our real estate has been wiped out; a half million baa been bestowed upon tbe citizens of Chambersburg lor their relief from rebel incendiarism; the coinmou school system ha been maintained at a present annual cxpruse of fl, 000.000; the orphans of our soldiers have been cared for; asylums for the insane aud reformatory Institutions have beeu established and supported; fl.OOO.uOO have been dedicated to tbe Centennial celebra tion; our internal resources have been devel oped; bureau have been erected and main tained for tbe protection of our mining popu lation; yet, nowhere In the Uniou is the burden of a State Government so lightly felt. The Slate under Republican rule has been honestly governed, and her honor held above reproach. It is alleged by the opposition that the annual expenditures of the State have been increased binre the Republicans came into power. The increase of expenditures have only kept pare with the increase in population, wealth, and the material Industries to be fostered by Gov ernment. Twenty-four years ago the common s-hools received an annual appropriation of rflSO.OuO to cl75,K: now they receive one mil lion. Then there was no expense for repelling Invasion or suppressing the rebellion; noCbam bersburg sufferers to be indemnified; nosoidiers' orphans to he maintained; no insane asylums to support; lew charitable institutions to aid. The Legislature has been doubled in size and expense. To these causes, not toextravaganre. corruption, or wrong, the increased expendi ture is largely attributable. The Increase has beeu lor the public (rood, while the ability to maintain the expenditure has grown with the growth ol the Statr, and strengthened with its strength. Within the last few years the peof'e hsve been relieved entirely from all direct tax ation for State purposes, except partially upon personal property, and the burden of the main tenance of the government has been imposed upon corporations. The Republican party came Into prominence before the whole world as the sword-bearer of tbe Nitiou. to protect and preserve it against internal as a ell as external foes: and havliii! delivered the Union from destruction, claims tbat the National Government should be ad ministered upon tbe principles of those who preserved it, and not upou the principles of thoe wno endeavored to destroy It. The doctrine of State rights, though kept In the background, la the distinguishing tenet of the Southern Democracy. Without the South ern Democracy, the Democratic party of the Nation cannot prevail. It is dominated by them. Mr. Sinuieton, of Mississippi, at tbe last session of Congress announced boldly his adhesion to the doctrine tbat his allecianee was due first aud always to hi Slate. No party adhering to this principle can be safely entrusted with the ad mm oration of National affairs The I nion, held subordinate in eupremacr to the Mates, would fall asunder upou the trst resolute as sertion of state sovereignity, 'lhe Rrpublicau party maintaius tbe recognized power of the Slates under tbe Constitution, but stands like a rock against tbe right of a State to set up lis supremacy against that of the Nation. The party maintaining tbat riitht is uubtted by its principles to administer the government of the Nation, or maintain its Integrity. Controlled by the South, the Democratic party must shape it policy upon ths mould of tbe Southern leaders, sort the Southern leaders, In turn, must accommodate themselves to the demands of their section. Air. Goode. of Vir ginia, who had charge of the bill to reimburse William and Mary College for its alleged loss during tbe Rebellion, gave to his constituent a a reason lor not pressing a vote, that its pas sage would ertcet the elections now pendiLg; after the elections lie rould rally more strength lor it, as the immediate lear of public censure would then be removed from the Democratic members. The policy of Mr. Goode actuates nearly all the friends of Southern claimants. They await Democratic Congress and Admin istration, when the Democratic party must give them all they demand. Present delay is no abandoumeut of the claim. Democratic suc cess will not only invigorate them, but, like the Archangel' trumpet, wiil wake from the dead thousands of others now resting in the grave. Toeir exteut cannot be measured, except by the ability of the party in power to manufac ture them. for tbe same reason tlie Democratic party In Congress discharged disabled Union soldiers from position, and replaced them by the soldiers of the Confederate army. For the same reason, the Democratic partv la a free trade party. It made a determined effort last winter, following the lead of a Committee of Ways and Means appointed by a lfc-mocratic ueaker from Pennsylvania, to pass the Wood Tariff bid, aimed destrartivrlv at the vitals of all the industries of our Ststel The bill would have driven our workingmen out ol employ ment, or reduced their waeee to starvation point, and would have succeeded but lor the almost unbroken front presented against It by the Republicans in Congress. An analysis of the test vote upon the bill is as follow: For the bill. Northern Republicans 5 For the bill. Southern Republicans..... 3 For tbe bill, Northern Democrats 45 For the bill, Southern. Democrats Ci Total yoj Against the bill. Northern Republicans. 109 Against the bill. Southern Republicans. 7 Against the bill. Northern Democrats... 15 Aaainst the bill, Southern Democrat.. S Total i;;4 The Democratic party in Pennsylvania baited on this qutstioo Its candidate lor Governor avoiding the Initial yote In the Legislature as did the Democratic memhers of Congress from Pennsylvania, until the thunder or popular sentiment from Allegheny to tbe Lehigh, drove them to a faint resistance to the bill. The Re. Dubiicau party ol Pennsylvania, standing firmly by the policy of protection, is in accord with the party throughout the country. Our present paper currency grew out of tbe necessities of the late war. It supplanted a debased Stale currency, which was the plague of commerce, and a prolific source of low. "Al ready practically at par with gold, it Is the best currency we ever produced. In sixteen years, scarcely ever ha the changer of money in this country looked to see Irom what bank the note ho bandied was issued. It matter nothing, except to those interested in National banks, whether the bank currency is retained or re placed br greenbacks, if the latlur cau coustUu- lOlOVJ t T,"-SJ is mE TWl to mut II r i-,. ..V....u L . tionally be substituted. The credit of each Is based upon the National faith. To Increase this currency would simply de crease Its purchasing bower. Its crrsent volume Is equal to that before the panic of 1373, while the price of nearly every article or consumption la so re duced that a dollar will purchase more than at auv period since the war. to pay the National debt with Irredeemable promises to pay Is repudiation. The masses of the oeoDle of Pennsylvania are honest, and cannot sanction repudiation in any form. The remedy lor our present oitncumes is so oe found only In a patient adaptation of ourselves to onr surrounding. The current of worldly affairs flows on irresistibly; we cannot turn It back. We are gradually but surely rising from tbeslonsh of debt, incurred when it was so easy to borrow, and as we emerge Irom it we will find our way bark to National prosperity. The Republican party has always insisted upon the equal right of men, without regard to color, condition, or nationality. It gave the light to manhood, to labor, and to the proceed of labor, to tour million of down-trodden peo ple, and can never agree to surrender the right of the humblest citizen to live unmolested under his own roof tree, nd to contract for liia own labor as he wl,l. The founders of the Commonwealth, a toiling people, banded it down to their posterity with a title sanctified by struggle, suffering, and sacriice. Indestruct ible by any of the wild vagaries of socialism or communism. The safety and prosperity of th! Sta'e de pend upon the maintenance of tbe principles of the Republican party. It ha proven ttseir a trustworthy guardian of the interest of both State and Nation. Public security, public con fidence, and public honor are alike involved In the coming contest. The voter of the State will be lound with tbe party which has given strongest evidence t.f its ability to maintain them all. M. S. Qcat. Chairman Republican State Committee. COOD REPUBLICANISM AND LABOR. In answer to tbe charge tbat the Republi can party ha not favored the passage of law in the interest of labor, tbe laboriug man and of the poorer classes, the following are cited among recent acts of Assembly, passed mainly by Republican votes and influence: An acltixiug a common basis from which to calculate the earnings of miner or persona working la coal mines. P. L., ful. SS, lS7-. An act to protect the childreu of this Com monwealth iu their rieht to acquire useful trade. P. L., fol. 63, lb To. A u act to prevent a debtor from making an asttgnineut to delay the collection ol claims tor wages of labor louder tbau thirty day. P. L-, fol. 43, lSTti. Supplement to an act providing for the health and safety of person employed in coal mines, passed iu ISTJ, fixing a penalty on the owner or agent lor violating tile law. P. L-, lol. 1STG. Supplement to an act to relieve laborers, workinguieu and Journeymen from prosecution for conspiracy, passed iu 1S72. P. L., fol. 15, 1S7G. An act riving priority in a trial of all claims for tbe wage of manual labor iu the courts. P. L., fol. IU. 1ST". Au act providing the means for securing the health and safely of persons employed iu tbe bituminous coal miues of Pennsylvania. P. L-, fol. M, 1S77. An act to regulate stay of executions In cer tain cases. P. L., lol. 2!. 1S77. An act for lhe improvement of tbe Ohio river bv the National Government. P. L-, lol. 4, 1S77. An act fixing qualification of clerks to mine Inspectors iu the counties of Schuylkill aud Lu zerne. P. L., lol. 10, ls7S. An act extending the Mine Ventilation act to counties of Susquehanna aud Wsyue. P. L., lul. OS, 1S7S. An act to amend the Bituminous Ventilation act. P. L., lol. lii, l7s. A n act to provaie f jr the collection of me chanics' aud others' claims lor repairs, Luprove nieuls, etc. P. L., fol. -mi, 17S. An act to prevent cruelly to children. P.L., fol. lift, 1S7.S. An act alHillshing tax on trades or occupa tion except business tax, iu cities of second class. P. L., fol. S7, 17. An act to prrvrm frequcut changes in school bo-.Ks iu the common schools. P. L., lol. 44, 1S7-. Supplement to an act passed in 1S72, for tbe better protection of Waj.ee of mechanics, min ers, laborers and others, giving wage lor labor preference over claims of lauulords and all oth ers. P. L., fol. 217, 1379. An act fixing the weight of a bushel of bitu minous coal at 70 pounds. P. L., lol. 67, y7rj. Resolution to aid and encourage emigration to the West, aud calling upou the National Congress to push forward public works and emptor the surplus laborers. P. L., fol. 223, 224, 17S. Resolution requesting Congress to favor con tract; lor carrying the mails iu American built vessels. P. L., lol. 210, 1N7S. Supplement to the mechanic lieu law, mak ing all liens prior to advauccd mouey mortg agee. P. L.. lol. 78. 1S7S. Resolution requesting Congress to grant pen sions to Mexican war veterans P. L-, iol. 213, 1571. Resolution calling upon Congress to pass a law prevent!!. g railroad oiscnmiuallons iu freight aud passenger charges. P. L., lol. 213, 1575. Resolution opposing the passage of the Fernando Wood TarirJ bill, because its passage would injuriously aflect the industries of tbe State. P. L., iol. 2U1.1S7S. In addition to tbe above act and joint reso lutions, reference mi-lit be made to tbe fact tbat not a doilar of S ate tax is now collected from real estate, almost the entire revenues coming directly from the surplus capital lu vesteii In the corporations ol the Common wealth, thus leaving labor and industry free from the burden ot the State. And this entire system of taxation has been tbe work of the Repunllcau party. Rcfereuee might also be made to the large annual appropriations to the rrphan schools, asylums acd hospitals, mainly used by the poorer classes of society, owing to their Inferior and inadequate Iscilities for maintaining the destitute a:.d afflicted In their homes, whilst tie bonk are full of act ol Assembly passed recently for tbe protection of the right and privileges of all the people the preven tion ol sdulteritionsof food, butler, tullk, etc. the protection of sheep from the ravagea of nseless d gsand wild animals the examina tion of the question of convict labor, to as certain how far and how injuriously it has af fected tin: bonest labor of the people the sup port of Normal schools the screen bills, ami many others, ail ia the interest of the people. Nothing has been asked (or by tbe honest labor of the State that the Republican party ha not granted since it came iulo power. PMtburg Vomynereial. GREENBACKS AND NATIONAL BANK NOTES. One of tbe main pi. inks in tbe Greenback platform aud iu the platforms of tbe Democratic party in sundry Western States is the demand that National bauks shail be abolished and Government notes or greenbacks be substituted in the place ol the bank notes. There are ob jections without number to this proposed sub stitution, and the only supposed advantage of the otieration is more titan onset by the prac tical ditadvauuuzes tuat directly accompany it. Mr. Ihuriuan, the leader or tbe Ohio Democ racy, has come out in favor of the proposition, and numerous small fry follow at bis heels. Mr. 'Ihurman and many who agree with him beg the question altogether bv assuming mat the greenbacks are as good money as the bank notes. "It," said Air. Tuurmau at l.amiltou, 'it the greenback is as good as the hank note, aud no body denies that it is," etc. Certainly It Is de nied. The banknote is decidedly superior to tnc Government paper i.ow, and its superiority will grow greater upon the resumption of specie psymeuls. This is perha the most important point iu tbe controversy, b'jeause, wheu it has been established, the rest of the argument is easy. if one consider for a moment the function and a tributes ol tne iwokindsof paper,! must lie admitted by all that tne bank note i not the Inferior of the greenback in any respect, it is, and always must be, of vaiue as great a what ever u.av at the tune be lawful money. It I receivable equally with greenbacks for due to the United S.ales. It is instantly convertible lino lawful money on preseutaiiou either at the batik's couutcr oral the Treasury. A bankcan- l,n.il- u . . consequently, have to request you to j cot fail on it note. The Government requires i It to keep a redemption fund constantly lu the ! Treasurv. and tbe bond on deposit are always more than iufficleut to jy every circulating note outstanding. But it may be said that greenbacks are made a legal tender while bank notes are not. Tnvs is very true, but it proves nothing. Tbe legal tender flat" is uselul ouly to compel people to take money tbat is worth less than it piirpert to be worth. That to not the case with bank notes. Although not legal-tender dollars, they are and must always be worth such dollars. Nobody ever relused tbe note of a solvent bauk, except for three reasons the nrst, ignorance of the nature and use of bank money; the sec ond, an unjust doubt of the solvency of the bauk; tbe third, tbe distance of the place of is sue and the consequent loss of interest during the time necessary to send it home lor redemp tion. ?Tot one ot these three reasons applies to the National bank notes. Tbe people are thoroughly accustomed to bank money; the solvency or insolvency of tbe bauk doe not aflect the valjie of its issues; and the note of the banks of Dakota areasvaluaole in every way in Chester county as those of any bauk lu our own county. Hence it bappena that in buying and selling and in tbe payment ol debts, liouianeverthiuksol providing himseif with or asktnfc for one kind of money rather than the other, and no creditor iu his senses would think oi drmsnding greenbacks, uuless It might be to play a sharp tnck upou the debt or. Tbe decree that tue bai.k note should be legal tender would no more add to their value than Its absence baa detracted from that value. Tne back note circulation Is, however, su perior to the greenback system In one very im portant sense. Not that an individual uote of a bauk can be worth more than that lu which it is to be redeemed, but in the system and law that govern the issue. Universal experience shows that the conoition of trade determines the amount of the issue of a bank tbat I well conducted, aud an excessive amount cau no more be kept outstanding than gailon of water can be loreed in a quart pot. The note issue of atank are coustantly returned to it lor redemptiou. Ibe rule is illustrated by a single lacu During the year covered by the last report of tbe Comptroller of the Currency, ten National banks m ere put in the hands of receivers. Their total capital was f3,:H4.ooil. Although Ave of the failures, including the largest, occurred In the last live months of the year, there were outstanding on t be date ol tbe report less than $7o0,0U0 of their circulation, out of a total of c'J,4.')0,Uo0 issued to them. There had been no loss of value to any onj of tbe note. A long aa they circulated they were worth their face, and w hen tbey were pre sented lor redemption they were duly redeemed for tbe Goverumeut held more of the bauk' capital than the value of the bauk notes. Vhaltr County Viilaje Ittetrd. THE POOR MAN'S DOLLAR. Tie greenback dollar thanks to tbe Repub lican party is to-day worth within a fraction as much a tbe gold dollar. What is the conse. quencef Every article, wi'h perhaps half a dozen exeepllous, that enters into gcueral con sumption, is as cheap a it was before the war many. In fact, are lower than they have ever been. How aoes this slate of things fleet the poor man I His waires are ahoul the same a lu 1S00, aud with theuibeeau purchase a much as he ever could. These are indisputable facta which he oucht to ponder over before he ask for tbe repeal of the resumption act an act Intended to wipe out the lingering fraction of dllTerence between gold and pa: per money. Times were never more prosperous tn this country than immediately prior to the rebellion. At that time the amount of money In circula tion was hardly more than hall the sum we now have. Why, then, is an unlimited amount of money now needed to make time good? The cry of the Greenbackers is that the more money we have the more prosperous we will be. Ask tbe farmer when he raises an immense crop of potatoes and throws theinon tbe market wheth er he gels aa much for them as when tbe crop is smaller. How was it last year with that crop! It was immense, and the price per bushel was fifty ceut. This yeartbe yield is comparatively a short one, and the price is nearly doubled. La s I year bis wheat crop was oUy sn average one, and be got $1.40 per bushel lor it; this year the crop was unusually larire. and he gets oniv a dollar. This is not ouly tbe case with potatoes and wheat, Lut with every commodity used amoug men. It is an unvarying, uichaiiceable law that tbe more abundant you make a thing the less valuable it becomes. Money is no exception to this rule. As y ju Increase ila volume, you decrease its purchasing power. An expanion of currency meun a cor responding expansion of prices. All nien admit this. We saw it during the rebellion. Wnen cali coes Jumped up from eiuht cents in 1SV to thirty-five in I'm 4, the workinemaii found out very unmistakably llialaiirxpanslon.orrather a reduudatice of currency, meant higher prices; it was the same with everything else as Willi calico. Does any man doubt that a like result wonl 1 follow an enormous issue of greenbacks? We think not. What good, therefore, would sll this paper money do bitui Does be think be could borrow it more cheaply then than nowl There is plenty ot monev in the National banks now, which he can get if his securities are satis factory; if they are not satisfactory hco jld not borrow it though it were a thousand times plen tier than at present. Even as a borrower his condition would not be Improved under the proposed new greenback dispensation. Who are the men that are urging and heading this poor mail's movement for cheap money? Are they not almost without exception men wno are bankrupt in principle as well as In pocket. Men. who having lost (lauding with their lor mer associates, have now pushed their way to the brad of tnis new movement, cot to retrieve their reputations, for they are hopelessly lost, but to put money into their pockets by this con templated money revolution. Of all men, be who earns a hand to month living for himself and his little ones is tbe least able to bear any unnecessary tampering with the money in which he is paid. He nerds the best dollar that ran be mad?: he oucbl to have a dollar that is always worth tbe same amount; t.otone worth one hundred cents to-day and fifty or seventy-Sve cents next wevk. He has a greenback dollar to-dy worth practically as much as a gold ore. and which resumption will put on a level with the best eoiu money In the world. Yet evil men, for their owu base pur pose, ask him to vole against resumption; a-k him to lake a step that seeks to dishonor the money In which i.is week's services are paid. No one pretends thst If the resumption act is set aside the paper dollar will be worth more than gold. Ir there is any change whatever it must be in tbe other direction: hi money must go down instead of up, and to bring about that consummation 1 what the greenback leaders are now trying to persuade him. In fact, re sumption has already come to the poor man; be can purchase all he needs lor his present paper dollar as be can with a silver or a gold one. Prices are at a secie level to him. Is he ready to change this state of thluis! lie cannot improve thrm do what he will, but his vote against resumption may lead to the infla tion ol war times. R-aa and common sense sir, leave well enough alone. La cast tr .Vets Era. The Bellefonte Ilrpvllitan asserts very em phatically that "the supposition that Andrew G. Curtiu will sweep tbe Democratic, Republi can and Greenliack vote of that county Is all follr. In tbe first place there are hundreds of Democrats who cannot and will not vote for him Secondly, his course towards the Repub lican party is suflicietit to drive away eveu his personal friends In that party. If their votes are worth having, Cnrtin should at least re elect them. Aud in the third place, lhe Greeu barkera will not touch him because of his soft money proclivities, as he is no doubt the lar gest stockholder in a National bank, and in intimate connection with other corporations." Verily, the "great war Governor" will have a "bard row to boe" among the voters of the Twentieth district. Greenbackers will be offi cially instructed not to support him, and the question now arises: Where will the votes come Irom to elect btinf The Republican partv, on the ober hind, has steadily and persistently advocated one uniform line of policy. First, It ssved the country from dismemberment and dissolution, and now It la ia fsror of preserving Its credit by an honest payment of its debts in honest money. Honest, thinking people will consider the relative course of the two parties, and act accordingly. HWitrK,-f7M It'porter. I . . ' . - I rot him. an' It fit him so well nrl h DILL AS A REFORM KP.. WHAT A WORKIXGM.VS'S 0HGAX THINKS OF II III. HJ3 RECORD IN TUE STATE SENATE. THE ACT ISCOttPORATISO THE MILTORD AND sfSTAMORAS BAILBOAD MR. WABFEL'a SPEECH OS THE BETEAL BILL HOW TUB DEMOCBATIC GUBERNATORIAL CANDIDATE TOTED WITH A KSOWtEDOB OF THE FACT. From the rittsUurg National Labor Tribune, Work litffinen's Organ. Mr. Speer aks the people of Pennsylvania to Tote for Mr. Dill as the special representative of honesty aud an economical administration of the State government. A reference to the record of Mr. Speer upon the Congressional back-pay salary grab my lead some to doubt his sincerity in the cause of reform, and a ref erence to the proceedings of the Democratic Slate Convention of 1S73, which rejected him for this res son aa its chairman, may Impair tbelr confidence in hi rint to speak for hi party. The record of Mr. Dill himself doe not sparkle with evidence of hi devotion to eco nomical administration ot the State finances, nor of a desire to protect the Treasury from corporate and Individual greed. Section 5 of the supplement to the act to au thorize the New York and Erie Railroad Com pany to construct said read through a portion of Susquehanna county, approved -o.tt March, 1345, i as follows: "Section S. Tbat it shall be tbe duty of tbe president and managers of said company, aa soon as said railroad shall have been completed through Susquehanna and Pike counties, Penn sylvania, to prepare a lull and accurate ac count of the costs of that portion of said road within the territory of this State, authenti cated by the oath or affirmation of the presi dent and secretary of said company, aud com municate the same to the Auditor General ol this Commonwealth, woo shall file tbe state ment In his offi.e. That after a:d railroad hall have beeu completed and in operation to Dunkirk, or shall have connected at the west ern end with any other improvement extend ing to Lake Erie, said company shall cause to be paid into the Treasury of thi State, an nually in the month of January, ten thousand dollars; and any neglect or refusal by said company to pay as aforesaid ahall work a for feiture ot the rights and privileges granted by this art." Tnis annual payment of 10,000 having at tracted the attention of certain covetous gen tlemen, a bill was introduced at tbe session of our legislature of 170, entitled "An Act to incorporate tbe Milforl and Matamoras Kail road Company," authorizing ileurv S. Mott, D. M. Vanauken and others to construct a railroad from a point in .Mi I ford, in Pike coun ty, to a point near the village ot Matamoras, in the same county. The county is not large, thriving or populous; indeed, quite tbe con trary, and the enterprise was not formidable. Tbe act having been approved 1st April, 1S7U, was promptly followed by a supplement con taining tbe following remarkable section: Section 4. That said Company shail con nect with the Erie Railway at the railroad bridge constructed by the Erie Railway, at the village of Matamoras; and that the provision of the fifth section of the Act entitled 'An Act to authorize tbe New York and Erie Railroad Company to construct a road in the State of Pennsylvania,' approved March twenty-sixth, one thousand right hundred and forty-six, shail enure to the benefit and be enjoyed by tbe iliitord aud Matamoras Railroad Company, their successors acd assigns tor the term of ninety-nine years, as lully and to all intents aud purposes as if the same bad originally been enacted for the benefit of tbe said Mil lord and Matamoras Railwav Company: proridrtl.hotmr, nothing in this act shall he construed to ex onerate or relieve tbe New York and Erie Rail road from tbe provisions of the fifth section of said act cf March twenty-sixth, one thousand eight huudred and forty-six; and propufal fnr. titer, that said Miiford and Matamoras Railroad shall be completed within three year or thi act shsll be null and void." It will be noticed thai this section doe not mention in term the auuual payment of the Erie Railway Company, and one unacquainted with tue legislation referred to would not sup pose tbat its etlect was to rob the Slate of 10,00) annually. It was one of the snakes whose l.ke have been tlleelually scotched by the new Constitution. The supplement was approved April 6, 1S70, jutt six days after the signature ol the original charter. Mr. Dill, the Ik'ntocratic candidate for Governor, voted for both these bills. Shortly afterward the first installment ot flO.OiM) was actually drawn from the Slate Treasurv and paid into tbe treasury of the corporation, or, as was alleged, was used iu detrayiu the expenses ot this legis lation. The Mil had been improvi.lently approved by the Executive, and, it true character be coming apparent. Gov. Geary, in his annual message ol 1571, made it subject to the follow ing recommendation: THE Mil TOI'.D NO UlT.t5IOP.lS RaII.ROID. "About the close ot the last se.--.ion of the Legislature. n act was passed ai:d approved entitled. 'A supplement to the Miiford and Matamoras Railroad Company.' The fourth section of Ibis enactment seeius to have been Intended so take from the State and give to tbe compauv tbe $10,000 bonus paid into liie State Treasury annually by the Nw York aud Erie Railroad Company, under the fifth, section of the act of -Gth March, 154i. Soon alter the adjournment my alteution was directed to the subject, aud to guard against loss. I caused the Attorney General to give notice to the New York and Erie Railroad Company that the State would look to tbat corporation for the pavin-nt of the annual bonus as heretofore, notwithstanding the passage of the supplemeut referred to. I regard tbe latter as having been enacted and approve! through inadvertence in ibe hurry of a closing session, and, as hasty and inconsiderate legislation at variance with the settled policy of the State, and highly pre judicial to the public interests: ami I there! ore earnestly recommend its immediate repeal, or at least so much of It as rclatea to the bonus." No action having been taken, in 1873 he again alluded to it as follows: "The Miiford and Ma.atnoras Railroad Com pany. About the close of the session of the Legislature in 1570, an act was passed and approved entitled a supplement to the Miiford and Matauioraa. Railroad Com pany.' The fourth section of this enactment seems to have been intended to take from lhe State and giveto thecompmy iiefltUJ0 oonus paid into the State Treasury annually by thd New York and Erie Railroad Company under the tilth sectlou of the act of lo'.h March, IStd. Soon alter the adjournment tuy attention was directed to the subject, and to guard against loss I caused tbe Attorney-General to give no tice to lhe New Yo.k and Erie Railroad Com pany that the State would look to that curpo raiiou for the jayment of the annual bonus as heretofore, notwithstanding the passage of te supplement referred to. 1 regard the latter a haviug been enacted and approved through in advertence in the hurry of a closing sessiou, and, as hasty and inconsiderate legislation, at variance wild tbe settled policy of tne State, and highly prejudicial to the public interests, and I therefore earnestly repeal tbe recommen dations in my last annual message for the im mediate repeal of this obnoxious law, or at least of that part of it which relates to the bonus. The State hiving long since abandoned the policy of paying money out of her treasury for the construction of railroads, there is neither equality nor justice iuarlowi i tin euactineul to remain in lorce." A repealing bill was Introduce! In 1373. The remarks of Senator Warlel of Lancaster, to be found In the Isjiiiilln It-mrd of that year, pages So9 to 863, give a eo.nplete exposi tion ol the iraud, its purfioses and projectors. In this speech Mr. Warlel gave the history of the bonus of ?lll.tX) from tbe Erie Riilway. and its attempted diversion from the State Treasury to that of the Miiford and Matamorss Railroad, setting lortb bow that one Win. H. Dtmmi-K, a menthei of the House of Repre sentatives from Pike county, owner of 533 shares of the Miiford and Maiainorr Railroad Company, while seventeen shares only were di- Tided among six other t.vk holders, to bring I the company under tbe lav aud entitle it to a I -'-. V o " m wiu lav Tinstovf A Moanoit. chirter, on April 2. 1370, five dava before the adjournment, read in place the oonoxlnu sup plement, with the snasie concealed so ingeni ously awar down In the fourth and last section, and had it railroaded through the House m.der a susiiepsion of the rules: how that tbe Journal of the Senate showed the bill to have beeu re ported without amendment, and that no record of its hiving b-en-aioitded or passed the Sen ate rould be founif, bur that an entry in the House Journal rnaifejt appear to have been re tarn rd from lnn:deuata"'wjth amendment." which was concurred In. The Senate had no record of such amendment, nor could he ascer tain what the amendment waa. Tbe Senator, continuing, spike a follow: hut there re those who allege injustice to the Legislature, that this bill never uid pass in the shape in which It la now found, but tbat tbe lourtb lection was attached after 'he others bad been agreed to by both Houses, and the journal of the House ftxed upaccordingly. Be this as It may. I have no mean of proving or disproving such allegations. I know only this, there is a most singular want of everything that migbt show the bill to have been properly con sidered. It Is well known that copies of all bill are preserved by both Houses, but this is an exception. I hsve carefully examined the (ilea on both aides, and had others to assist me who were more familiar with the arrangenieut or the papers, but we have been unable to find anything in relation to this bill, though the number preceding and succeeding are there, and everything else tbat we bad occasion to look for. The tracks are well covered. The parties who managed this brilliant financial scheme knew what they were doing, and they left do documentary telltales behind, to rise up and plague them afterward." Then after quoting tbe obnoxious section he continues: "There is the little Joker part of an act en titled simply 'A supplement to the M l'ord and Matamoras "Railroad Company.' And in th:a connection I want to call the atten ion of the Senate to section 8, article XI., of the consti tution ol Pennsylvania, which provides that 'no bill shall be passed by tbe Legislature contain ing more than one subject, which shall be clearly expressed lu tbe title, except appropria tion bills.' . "Just how far tbia title, namely, 'A supple ment to tbe Miiford and Matamoras Railroad Compauy,' clearly expresses tbe object of the act, other can determine and govern tbeir no tions of right Vesting under the bill accord ingly. "But, sir, thereto a further history in rela tion to Ibis matter. Tue bid after its supposed passage waa hurried to tbe Secretary's othVe, and their tbe champion of the measure repre sented that his sim was dangerously ill; that he had to get home tbat nigh; that it was very important for bim to get the supplement signed at once, so tbat he might py the en rollment tax, aud lake eertilied copies home with bitn. The bill was registered and he was directed to take it to the Secretary of lhe Com monwealth for examination, but Instead of do ing so, he took it directly to the Governor, aud by making similar appeals aud representations iu relation to sickness in his family, and mis representing tbe character of the bill, be pro cured the Executive's signature. "Aud here let me remark upon a somewhat remarkable coincidence. When it was neces sary to have this bill signed there was some body sick. When this repealing act was to be considered by tbe Senate Committee, it was put off from time to time because somebody was alleged to be sick, aud I notice in looking over tbe record, tbat when it came cp in order in the other branch of the Assembly, tbe effort was made to prevent its consideration because agiin somebody was sick. It seems iu some way to be connected with a great deal of sick ness, enough to almost occasiou a suspicion as to the character of the malady. "But to return more particularly to the history of tbe matter, some time In April, 1570, application was made to the Gov ernor for letters patent, which he refused to graut oo account ol the peculiarity of the measure, and tbe manner in which his signa ture wis obtained, and not until the -tHh ol July, 1S71, were letter patent granted under Vs-e act to incorporate tbe Miiford and Matamo ras Railroad Company, but no reference what ever is made therein to tbe supplement which proposes to give this nice littie annuity of ten thousand dollars to the Company for lhe term of ninety-nine years." After quoting the language of Got. Geary" messages recommending the repeal .the Senator bad read an article from a Harrisburg corres pondent to the Philadelphia Inqnirerot March IS, giving a complete expose of the matter, and concluded as follows: "Tbe supplemeut Is also in conflict with that portion of the fifth section of the eleventh ar ticle of the Constitution, whi-h provides 'That tbe credit of tbe Commonwealth shall not ia any manner or event be pledged or loaned to any individual company, corporation or asso ciation.' Yet in this act the credit of the Com monwealth to the extent of (10,000 aunually, for tbe period of ninety-nine years, is loaned or given to this proposed Miiford aud Matamoras Railroad Company, a corporation created by tbe Legislature of the State. "Now, the only ailegatiou that I have heard against the repeal ot this odius section, waswitu relerence to the question of vested rights. To that I have only to answer in a few words. If this Ml lord aud Matamoras Riilroad Company have any vested rights to this annuity, it re ceives them either by the letters patent or tbe supplement to Its charier. Bui li cannot get sucn rights Irom the lcitets patent, for no reference whatever is made therein to the provisions of the supplement, and it rauuot get luein from the latter, for that is iu con flict with the Constitution, aud, tberelorr, void. But even if it should be consti tution!, its passage and approval was secured by trickery aud misrepreseatatioo, and it is theretore uol entitled to that consideration due to honest and proper legislation. "Yet upon a call of the yeas and nays, with a lull understanding of all the facts, Mr. D..1 voted against the repeal. 'When Mr. Dill next appears before the foot lights iu the character of a reformer, let him rxplain this vote, and then we will cail hi attention to other like lndiscrel.ou." FINANCIAL FOLLY. Is it human nature to be dishonest? may well be asked in view of the attitude ol many people In this country towards lhe financial status of the Government. It would seem, indeed, tuat the present cry for more greenback is meant to be repudiation of our piloted iailu aud credit, because that to what au i:liu.iubie Issue of paper promise to p-.iy araouuts to, aud not hiug less. Ever sir.ee the close of the re bellion and tie grand propoiiiona of the Re publican party became known, a studied and persistent effort has been made by an unscru pulous opposition. North aud South, to belittle the Government It sought to destroy aud to impair its credit by meddling with it currency. It reached its crowniug disgraceful act wheu Samuel J. Randall, representing ia part this gn at mauutacturiug aud mercantile city, pre sented aud passed to its eoactnieut, iu 1571, a bill demonetizing the silver dollar. This in jury was repaired by tbe present Congress, no uoilbt much against Mr. Randall's wishes, lu 1575, Congress provided for tbe resumption of specie oayments, in order that our eurrtucy values niiy be equslizcd, and we are close to Sj-ecie psviuents f i-day, wilh an increased nusi ness iu all departments oi trade and a glowing prosDect of future prosperity, if things are per mitted to go on as they are. But tbe uututored, inexperienced and Im pressionable thousands oi our peopie, under the guidance ot must unprincipled deautg'guts of the Butler school, are clamoring tor cu. itp money and plenty ot it, under the insane idea that whea money is plenty Ibey sliail have aa aoundsuce of it, aud threaten to so disturo t:e financial credit of tbe Government mat tnsre will be a fatal relapse ol Industry iu all its raiu incstions. Less loan twenty years ago, the vol ume of thecurrency in tbe country, iuciuJing is sue of Slate banks, was lu round uuuib.-rs ti), 0 Hi,0iX. That sum tl.cu wss deemed am pie tor tbe business waul of t he people. Ttic volu ne of currency In the Uuif.u to-day amount lu I.ird.lKM.iNKi, or nearly three lira. as much as existed iu Si. Considering that our increase of population and industries have not by any means beeu doub.ed, it Is evident that there is au abundance of money iu tbe country to-day to meet all the requirements of tra le. Agaiu, the greenback clainorers should rememiier tnat cheao money means dear provision aud expensive necessaries of life, for aa illimitable issue of paper mouey will restore the dark days when, as tbe laboring man so aittly put it, "oua weut to market sub bis money iu tbe mi a., B BsalTl . ... if hi-dttt anil fa rrie.1 hi nnwli,tH V .. i - .wis i- i pocket." Certainly no sensible worfciZJ who wants a dollar with one hundred 1 wiil be willing to jeopardize its value by for an Increase of paper money of the , kind, which in a very brief time wio;.j If its proper value of ten cents per pons) V II Is difficult to comprehend how soroe otS wise intelligent men can bring theras,'. believe ia tbe "fiat money" here.v r fathers of the Republic in their teaching . reigned against it. and the great party Wi" ol their day, Webster and Benton, denr.,!,,'! paper money In no measured terms. Slid great exrjouiider of tbe Constitution i speech delivered in ISffcJ: "Ol all ih, co 4 v antes for cheating the laboring rlnr,""J; mankind, none has been mire eticc.ual th. that which deludes them with paper mo.5 This to the most effectual inventions to fc."' ize the rich man's field by the sweat ef poor man's brow." Of course Webster 1 ! god-like, would be voted an tgnoramns wiiT compared with tne Butlers, the Hughe k Kearneys ami other peculiar patriots; but words are nevertheless true, as those who now attempting to sow the wind wiil assure,; ' realize when they are reaping the wiur... should they succeed in their aim. ' "" Tbe currency of the Uuited States vi In so good a condition since the sprint ol ' -T as it is to-day, and it is rai fly Bearing prrv-' tlon. For tbe sake of the peace and 'un.1" Ity of the eonntry. let it alone until It tiai Z demonstrated we are able to bear adiii Li H,.ht hnnlmii lsln,sxu'.l..n. I... U - - .v.j iue40K , of despond in which tbe panic of 1573 thn-w j and from which we ar emerguig Era-im , onto dry land. Let us few assured thi: . hare once more a solH foundation beneati our feet, and let the currency severelr siocj until it is unmistakably demonstrated t!.t 2 is not adequate for all our a an is. ":- RETROSPECTIVE. The Republican party I charged by its or.-y nent with many sins of omission and com-u. slon. It to easy to make ehsrges fardi;.r. ent matter to demonstrate them to be true. When these ehsrges are confronted with fv, and figures, it is seen thst tbey have not n least basis of truth to sustain thein. We time and again refuted specific charres the houesty. economy, and gSrersily betieticial policy of the partv, and in pnrsuit 01 ts fans and figures with which to" dispose of then malicious char -es, bate been surprised t lit completeness ol the record which the Sruij. can party, in an unbroken administration , f eighteen years, is enabled to present is uniru. peachshle proof of the fait hfulness with w!nC! it baa discharged the trust commit'eil to It by the people, iu a manner to best serve the infer, esls of those people by restoring the disroexv be red fragments of a great Nation to the bar mony which was broken by Its predecessor, ia the Government, bringing order out oi crisis and comparative prosperity where universal financial ruin was impeuuing. ' To prouerly present this splendid recort of thr Republican puriy it is necesssry to Njia with the period of its coming Into power. Wa-a Abraham Lincoln, the first Republican r:f dent, reached Washington thmuch miny vi cissitudes, tbe South bad already proress-d many suites in tbe war ot the reorl.iou. !;:tii the Southern Deniorrais, w'.ih the co-o;erati.ia of their Northern brethren, had been maturity for a period of thirty years. He fjnr.d tiii arm and ammunition removed to Southern arsenals and forts, the little army stauerrl along lhe distant frontier, and the v flips ot navy stationed in foreign port. The United States Treasury was exhauswd, lhe Uorerinru; in debt and paying and interest of over 0u0 per annum, with the National credit soit.w that tbe Buchanan Administration was pay.n; ai tbe rate ol 1- per cent, in lr rest ou a sca.l loan necessary to lueel tbe ordinary expenses of the Government. Under this condition cf affairs the Republican party came into power, to fiud an organized rebellion of great magni tude to be met aud suppressed. An army ws called iuto being, mo.iey raised, the enemy met aud conquered, four million slaves ma.ie lr-.-, the seceded Siates rehabilitated, peare restoreil, the public credit strengthened, snd the integ rity and authonty of !he Government assun-d before the world. This was the work of tar Rcpublican party during the earlier aud inu.-t trying years of it adruinist ration. To meet the cost of the war taxes were in creased until the internal revenue acd ;ter-on.i income tax receipt iu a single year (i-.'!) reached the vast sum of $3li,171..W.j. Nearly everything manufactured or ued was taxed. Now the interna! revenue tax is con fined to spirits, fermented liquors, lotaccn, banks and bankers aud adhesive statuo for pa'eut medicines, etc., snd the total tax i re duced from f ;il,174..V;7.o4in 1SW to ?'.hl. bJt.7 in lsTS. Reductions have aiso t-'i made in the customs taritl. the receipt truni which in lh72 sm mnted to .'!lft,;:7i,e.77.ii! 1 lu 1ST" to SliJO, 1 70.'V'Hl."0 llius showing in li e two sources ot revenue a total average reduc tion in the year of $:!stj,7!fc!,rl9.37. From these grand results it wiil be seen that tbe Republican party was not only psiri..t:c. as showu in its prompt response to the cah h r men tad means to save tlie L'uion, but that ad t pec'ir.iary obligations were aei promptly, t:i National integrity sustaiued and streuitttiened, aud lhe credit of the country, at home an 4 auroad, restored, so thai instead of )orr.wiii money, as in the last Democratic Administra tion, at li per ceut., to carry on ths orui'iarv atfairs ot tue Government, il is now lundini: its six percent, bonds into lour per cents. i tu-; readv sale ol the latter at home and abroad, Anottier feature in the administration ol tba Republican party i its Integrity. Tu nei reve uuesof the Government sine the partv earn; into power amount to trie enormous sum of J.,oi..ril.;iiri.lU, while the net ordinary ex penditures have gone up to lhe even lir'cr suinof $7.4'5.O-i0e.;.i3. Yet tbia money has ail beeu collected, bandied aud disbursed witii scarcely the loss ot a siui'le dollsr. Sum lew small losses have occurred before tne fumij reached tbe Treasury, acd while iu the iian i of collectors or bauks ol deposit: bin tlie have very nearly all been ultimately recover-d. A call oi tbe United States Senate, in srrcso :i tiou offered by Senator Davis, of West Virgin ia, was msde upon the Secretary of the Treis. ury, April 16, 17. lor a statement ot losso ia tue collection ol internal revenue. Tne s'aie cieol was mal-, aud it shows that from 1 the year iu whicli the internal reveuue sv-t-m was estaolishej, to 1S70, the collection amounted to il.42.oril.il!.'JS, and tueainou it reiuatniug due is only a fraction over on-iiO i of one per cent, of mat sum. From lTil t ls75 liiere was collected ii0o,0i7,l I . .o. aid Irom the officers whoemlected this vast a:n rit of money there to tavday due only ?i!.71ft UI. about one tenth of one per cent, of me coi.ee tions. Aud let it be remembered tnat eveu un amount is not yet au al-soiute loss to ti.e liov eruiuent, for the accounts are still open, many of them being in litigation aud others in pruci-s of seliiemeul by other methods, so thai ti.er.-al outstanding indebtedness will in time be Ur-.r reduced from the figure shown iu ti;i report. Ou the 31st ol May of thi year, the tun : which tne Treasurv report Is brouzbt up. tlirr were but seventy-five of those ex-ul!i .-ers ::! having charges against them, two bundi-v I m 1 ten:y-four having settled their ac-ouu -s i i full. The amount stiil due is placed at 115,.V;3.4:, bein? only fifteen per cent, of t;. amount due in l7i. When it is thus h"ji that tbe colleeiions ur to June U-i, I"", amounted to f2.il,Sl,4.j7.30, and t..: .i collecting that vast amount a loss of ui.'T about three miilionsof dollars occurs, it woiiM seem to be hard to point out a peno I in t.i history of ibis, or, we migbt say. any o:uT country where such faithful stcwardsi.ip na been displayed. These are but a few of the many achieve ments of the parly which has couiroilci pub lic atlairs lor the past eighteen years. It 1 a work of which no party need be asliain-1-in its substantial result. In the good accom plished aud blessings conferred upon our pie at home, and iu it moral, civilizing, ' progressive effect on the nation abnud, t.it will ever be remembered a one of the most re markable period in our history. PuKsw MiMtrf Journal. The Internal Revenue Department peesen'f a good snowing wnen ia two -ears it raseoi lected t.yfiH, and only Sll.rkw-" unac counted lor. Not a dollar or loss will tne 1- .... I v . .. . ......... Ik. aiirellcs ID t'l collectors' bauds will make up lhe ir.all deficit I above noted. Trie internal revenue service i roiid'H-il upon the soundest business praur- pies. J'ltttlmrg liermiL a1 - W a M 77 ww,
Significant historical Pennsylvania newspapers