THE DAILY EVENING TELEGRAPH. PHILADELPHIA, THURSDAY, FEBRUARY 15, 18GG.
THE NEW YORK PIIESS.
Editorial Opinions of the Leading
Journals Upon the Most Import
ant Topics of the Hour.
COMF1 LED IVKBT DAT roB EVBM1N0 TH.KQRAPH.
A Foreign Loan.
Irom the Tribune.
Tho prico of Five-twtMitlos at London nl
Frankfort 1", onfeaactlly, one of the Items ol
news most eagerly ioii(tht lor on tho arrival ol
every European atuanier. We tippoo iherotj
no loyal mau who has not reofced at their late
rtoe In the Enllli markt, in tlie fare of eight
percent, and tailing consols. Wbntevcr differ
ence of opinion ihcro may bo about the expedi
ency of a foreign loan, ev rybody wishes to sco
our credit high and our bonds sought for for lu
TCPtmcut in Europe, becauss whatever widens
the market raises the prico at home. A groat
trade In our securities nasi sprung up with
Europe, and the flow ol these abroad Is con t int.
Hitherto, the Government has taken no part In
it, but it 1hs been kit to tak its chances uudcr
the ordinary laws of trade, till it hu brcomo at
length an evtaUliHlied trallic as much so, lor tho
tinic being, as tur trudo In cotton or provUiona.
fclncc, then, foreigners taiII huve our oouds,
becauao they are the bent Investment they can
make ol thuir money, why should not the Gov
ernment bnve tho lull benefit of the truie, and
put it on a looting mors stitliiactory and prollt
tible both to the lortigu inventor ami to tho
Federal Irrasury?
It is well known that the Secretnrr of the
TreaHiiry ha not been meiidly to tlie plurlnz of
our bonds abroad, believing thut tne home
market could boih absorb uu J curry the whulo
public debt; but, without his influenco or o
operation, tho trallic lius been estublwhcd; and
all that he now usk, in the bdl belorc Cougrcs,
is that the markets ol Europe shall be as open
to- the Government as they are 1 1 all itc citlxens.
But Wall street, and home of our contemporaries
which pcculiuri.y represent the moneyed elates,
and espcclitlly the foreign bunker, cry No I it
would be hiiiinliutiiiff to oiler a loreiirii loan !
It is a good cry, but it will not deceive Con
pres nor the people; und it is only rained to di
vert public attention iroin tlie enormous prolit-t
which, the foreign bankers are inakimr, uvo
ciully in tho puicli.i-o ol coupons. ( oupiin are
bouglit In (icrmuny a rates varying Irom 3 to 0
per eeut. below pur, while they are tola at par;
the bonds beinir sold with Interest added, utid
not f'Dttt," as in tne United States. In Uurlin,
the equivalent of tlio dollar 13 1 tiialor 12J grob
chen, and the accrued interest is reckoned by
the beller at that price; but when the eoupiii
mature? the holder con get only 1 thulor. 10, 10'.,
or 11 groschen lor his dollur a los of to"o
per cent., which, on $:j()0,00i),000 ol bonds, yields
to the bunkers who bu and collect them, tho
suug sum ol $6i.O,(jou to $1,300,000 a ycm. This
large shave, unci the uncertainty as to ti.e
method ol colieetinsr the interest, operates to
prevent, a w hie diilusion of the bunds. II our
tiovernmcnt were to borrow abroad, the inte
rest would bo payable at one or two more points
there, and would bo at or near par everywhere,
and as easily and surely collected as it is now lu
the United States.
Kussia und Austria, tho ercat borrowers ol
Europe understand so well the importance of
suiting the convenience of their creditors, that
they make their coupons payable on their face
at London, Tarts, Fraukiort, Amsterdam, and
St. Petersburg, tlie amount being expressed in
the currency ol each country.
A United States Bterliu? loan, tho interest of
which bhould bo thus provided lor, would pro
bably command a higher price at rive per cent,
than 670s could bring at six.
If capitalists will deal luirly wUh tho Govern
ment, there is no need to go abroad lor money;
but the Ibreiun bunkers ol' Wall street must not
expect Congress to protest thein in a trallic
which puts enormous profits into their pockets,
at the expenee of the peoplo of this country as
well as ol their own. (Jive the Secretary or tho
Treasury the power which every private citizen
ha, and his whole Tccord givos assurance that
be will use it honestly and wisely.
The Union Party on its Trial.
From tlie Timet.
In the hottest periods of partisanship tho
American peoplo have seldom disregarded tho
Impulses of patriotism. Their zeal tor party
leaders and party platiorms is totnpercd by u
devotion to their country. For that they are
preparod to sacrifice everything. And unless
that bo the controlling consideration In party
niovemwnls, and the paramount end of party
effort, they promptly withhold tho support
which is essential to party success.
To this circumstance, and this alone, the mar
vellous success of the Republican organization
during the progress of the recent terrible con
test Is attributable. The Democracy, as a partisan
organization, was held to have forfeited the con
fidence of the people. It was regarded as mora
or less friendly to the influences which ius pired
the Rebellion; its purposes were subjected to
constant suspicion; its leaders were tainted with
a supposed complicity with the authors of the
secession movement; and as a consequence its
party history was a succession of ignominious
defeats. At the some time, reasons of a pre
cisely opposite character secured the triumph
of the Republicans. Whilo the Democrats were
driven oft the stage as the accessories of seces
sion before the fact, and the secret aiders
and abettors of the war aeainst tho Union,
tho Republicans everywnero throughout the
North were associated with the Union,
as its defenders, and as the parly upon wnosii
victory at tho polls depended the Uual triumph
ot the Union arms. The contrast between the
relative position ot the two partios wa acknow
ledged and acted upon wherever love for the
Union prevailed. Ordinary considerations ol
partisanship disappeared before the great na
tionul exigency. Whatever their lormer atll!:
tions and preferences, Union men rallied to the
support of tho party whose loaler were
engaged in putting down the Rebollion. The
Demoeracy degenerated into a motion, com
paratively iusiguilicant in numbers, running
counter to tho current ot popular sym
pathy, and on nearly all occasions embar
rassed by a load of false pretense). The
Republicans, on the other hand, who elected
Abraham Lincoln as a party chief, and at tho
beginning of the war were known principally as
a party organization, lost sight of minor issues,
and merged partisan Republicanism in patriotic
Unionism. From a party caiel Mr. Lincoln was
converted into the national leader. From tho
level of a party organization, Reoubllcanism
advanced to the power and dignity of the Union
cause; deriviucr its t trength from the evidence it
gave ot devotion to national unity, ana laving
the foundations of its future power in the hearts
of a people to whore the Union hud become tho
symbol oi natic jai lite.
A party possessed of so much moral strength
has little to fear save Irom an abuse of its own
power. Ii it have a just appreciation ot its re
sponsibilities and capacity to cope with pro
blems arising out of the war, it mav confidently
dely all assailants. But it; must display these
conditions or it will (all; and failure in such a
case means humiliation, disgrace, as well as
defeat.
Thus far, it must be admitted, a majority of
the Union party In Congress, since the commence
ment ot tne present session, bavo not Minue t
the expectations of the friends of the Union
throughout the country. Faction has too ol ten
usurped the place ol putr otlsm: Radical theo
ries have impeded constitutional action. Iubo
lence baa dictated terms to reason. The states
manship that would rostore the harmonious
working of all the States within the Union, and
bo restore the Union to moro than Ita original
grandeur, has been retarded wo will not aav
frustrated bv the dogmatism and audaeitv of
men whoso solo title to distinction rests upon
. i . . . i . . . I. : ... i.
ueir Bunny to proioug uw reigu oi uuaos.
Estimated simply In a party ens, such a
course ot procedure is suicidal. Practical legis
lation U wanted, and we have had lnstoad a
dreary nildemes of debate. Conciliation and
magnanimity are Indlponsable, and In lieu of
these we have had displays of despotism and
vengeance unworthy of a legislative body In any
circumstances, and especially unworthy In the
full flush of the nation's triumpn. Within the
halls of Congress not a single step has been vet
taken in tho direction of reconstruction. Not
only has notuing been done to assure the South
el Its rights under the Constitution, but tho
claim even of tried Southern loyalists have
been systematically ipnored. It were a fatal
mistake to suppose that those thinsrs have not
been closely scanned and duly weighed by the
gTeat mslorily of those whom the Union mem
bers represent And it were equally an error to
believo that there Is any general Inability to
Comprehend the consequences ol persistence in
the course which has been until now pursued.
Among Union men the conviction is universal
that the party they have invested with controll
Irg power in Congress is now on Its trial. Shull
the nation's confidence bo lustihod or dishonored?
Shall grand opportunities for usefulness be
thrown away? bhall tho wsrk of disunion,
frustrated on tho battle-Held, be consummated
by pretended Unionists in the Capitol; or shall
the victories ot our soldiers bo perfooted and
sealed by the moral victories of our legislators ?
Tueso inquiries, and such as those, are uppermost
iu the minds of the people. You may hear thorn
at every turn. In the city or country, in tho
street, amid your neighbors, or in tin hotel amid
strangers, in tho East or the West, these are tho
questions which challenge attention. It wore
in every senso Impolitic to lsave them long un
answered. Impolitic in a party sense, because
tney involve the capacity ot tho party for tho
lubcrs ot legislation and administration in tho
existing crisis. Impolitic in a national sense,
because uniiliu?ness or inability to heal the
wounds produced by war, and to restore to cor
dial and liuppy relationship the North andSoutn,
will in the end entail the weakness and antipa
thy s of a couutry but nominally united.
Tho mingled onten pt and distrust which the
tone nnd conouci of tho Radicals in Couress
huve ehcllcd, bring into bolder relict the saga
city and patriotism of I'resident Johnson, tor
till that has been done in tne wav of reconstruc
tion we are indebted to him. While tho Stevens
faction bus been trying to destroy the Union, he
has lubored quietly but clliciently, energetically
but consistently, to iestor to tlie Union its old
pioportions. Undismayed by tho bullying and
threateiiiui ot tho Northern lactionhis of to
day, at by the hu!l.ing and threatening of
Southern irnitors during '.lie conllict, bo has
pushed lorward tho reconstruction of the Statei
with an unwavering determination to recognize
no principles but those which nre engrafted in
the Constitution, und to acknowledge no dogma
not Functioned by Constitutional authority.
Every fresh occasion that ik ailbrded him lor the
expression ol his views and purposes, strengthens
his bold upon tlie public mind. For his views
aro the views chojishe l bv the Fnthors of tho
Republic, and his purposes nre tho purposes
for which our soldiers fought, und which all
but tho disunion luctiomsts are resolved to
execute.
While Iho vrtsiiye of tho radicals in Congress
is gone, und gono we hone forever, that of tho
I'resident increases immensely. The country is
on his side, a may bu positively ascertained i(
the disunionists in-t.it upon a trial of popular
strength. We believe thut but u word is neces
sarv to bring together proof that his opponents
and detractors, although pretending to orcupy
Union seats, are at variance with tho overwhelm
ing sentiment of the Union Party. None know
this better than tho President. And hence his
position, alwavs stroec. is politically. a well as
morally and constitutionally, impregnable.
The Next Presidency Mr. Johnson's Posi
tion Tho Knd cnl Chuso Movement.
From the Jli raid.
President Johnson is not a candidate for the
succession. Tho summit of his ambition, be
has public'y declared, has been reached. His
personal aspirations are satisflod. II o has now
no desire as a public man beyond the consum
mation of the work of restoring tho Union, "so
that we can once inoio proclaim peace and good
will among all the people of the United States."
lie is thus free to sink th partisan in the patrl jt,
and this la the line of policy which no h as
adopted and is now pursuing. He standi, in
reference to tho 1 "residential succession, as Abra
ham Lincoln stood at tho end of tho first year
of his administration. Sir. Lincoln was not a
candidate for another term, and at that time it
was generally supposed amontr the rank and
fi:e ot tne party who elected him that there was
hardly a chance of his becoming a candidate,
iiut as tho war went on, enlarging in its propor
tions until it became manifest that there eould
ic no Union and no peace short ot tho suppres
sion of the Rebellion by force of arms and tho
extinction of Alrican slavery, the re-election of
Lincoln came to bo regarded as the only course
of salety to tho loyal States.
His claims were opposed by most of the Re
publican leaders and by tho leading Republican
journals East and West, and this opposition
continued down to the Baltimore Convention of
lhd. He was the favorite of the masses of the
parry, however, and thus, without an effort, all
1 he w ell laid opposition schemes of his Secretary
ot the Treasury, Chase, and bis co-laborers, uud
of Fremont and his radicals, were broken up.
The purty Staie conventions held in reference
to the r.ational gathering at Baltimore, one after
another, showed that Mr. Cuase and all the
other leaders desirous of a chango had been
counting without their host, and that their
intrigues against Lincoln's popularity were so
feeble as, to be contemptible. His own illustra
tion, that tho people of tho loyal States did not
think It earn to swap horses while crossing i.
l'ooded river, was the ruling popular idea. In
other words, the people thourbtit best not to
chance their experienced pilot ct the helm lor a
new and iuexpcrieiced one whilo the ship wus
btrugtfling amour the breakers.
Lpou that one all-absorbing and all-suflici-nt
idea, the suppression of the Rebellion, Mr. Lin
coln secured hi renomlnutiou and re election.
iTesideui jonnson now, in regard to the succes
sion, stands, we have said, as his predec-sor
stood at the close ot his hist yea In the White
House. Mr. Johnson is not a candidate tor an
other term; but circumstances, as in the case of
Lincoln and as in the case of Jackson, may over
rule him. His reconstruction policy may maito
hiin the candiJato of the Adminlstrat'ou party
in 1618. Rut, instead of a sinrle and all-abioru-ing
issue in this next contest, we shall have
several Important Issues on the negro question.
the money question, and upon Questions allecl
iDg our foreign policy.
I met justice inasc may iiui be considered
the Presidentiul champion ot the Republican
radicals. Upon the negro quebtioi, his co
luboiers in Congress aro carol ully planting their
stakes to hold their ground against the oli pro-
flavery elements ot the country. How far they
w ill succeed in tins direction time and experi
ence oulv can tell. Upon the money question
a powerful svstem of polit cai machinery nas
been established which it will be ditllcult to
shake before the lTesidential election of 1872,
assuming tlmt neither Mr. M'Culloch nor Cou
cre s meantime will ultcuipt impossibilities.
Upon the shaping ot all these Issues, in connec
tion with tho work of Southern reconstruction
and restoration, will depend the candidates
and the issues lor tho next Presidency.
I'resident Johnson, as the champion of a niw
conservative Union purty. may be set up lor
another term. Chief Justice Chase, as the csu It-
aaie ot the Republican radicals and money
changers, may be set up in opposition to John
son. But what of the urmy 7 What of the mil
lion cf Union soldiers returned from the war,
and the hundred thousand sailors of the navy f
What can be done with them, should they set uo
thearnivand navy ticket of Grant and FHrra
gut? This is a question worthy the attentive
consideration of politicians on alt sides. In any
event, President Johnson is right as he stands,
and will be supported by the country in re-card
to his reconstruction Dollcv. and all the more
cordially because of his emphatic disclaimer of
any aesign or aetire lor another term oi omce.
Co-Operation, or Partnership ol Labor.
From the World.
"Partrershlp of labor" is tho name given to a
new relation springing hp between capitalists
and producers, under which the workmen re
ceive, in addition lo the ordinary wagss, a share
in the proSts they create. In Us application to
manufacturers It Is a plan not unlike that which
was once not uncommon in this country, of
"renting a farm on shares." The idleness of him
who, in the days of Solomon, "accomplished as
a h'rellng his day," has its precise counterpart
in the ejo-servani of preent times, who brags
that "he has put !n another day." So on it will
be for ever under the present system ol employ
ment. The laborer leels that, howover profita
ble may be the business, however rich the em
ployer may beco.UP, he who Dears the chief part
in it, the producer himself, has no share in tho
results, except to be paid his wages. Thus he
adopts the easiest way of spending his time, is
wasteful of material, slights bis work, eating
little how it is done if it can only pass inspec
tion, and has neither pride in tho reputation
nor interest in the prosperity oi tho firm by
whom he is employed.
Ulten, thinking he Is' Insufficiently remune
rated, be seeks other places ot employment, or
engsgesin strikes, wasting bis own tune and
savings, and those of his lellow-workmon in the
costly experiment, diminishing the capital
and in)uring the business of his employer,
who, in his turn, hires his men at the
lowest possible price, it too seldom enters the
mind of the workman that he might become
practically the partner of his employer, have th
use of capital on lair terms, protit by the busi
ness experience and commercial sagacity ac-
3uired by early education and long practice, and
evote his own best thought and skill to their
mutual advantage.
On the other hand, tho employer quite as
seldom ren embers that his workmen are not
merely animals, to bo bought and sold, or tem
porarily hired m the market at the lowest price.
v e have hud Southern planters who were proud
to show their negroes. There are farmers who
arc proud to exhibit their cattle, and manufac
turers w ho have a not dishonorable pride in ihoir
machinery. But under tho present system of
mere hiring, the more honorable feeling of prido
iu his womuicu seldom has much hold on the
mind of the employer. Yet ho might, with ad
vantage to himselt, arrange h.s affairs in such a
way that the common pro tits of iho establish
ment to which his men are required to contri
bute their toil and skill may be shared with
them in just proportion to thuir confidence and
fidelity, "iheir economy and industry, their
skill and succers."
There are indications that the new relation
will ultimately prevoil. Tn Eurpo, where, irom
tho pressure of narrow natural resources, the
mind ot man is necessarily forced to devise the
best uttuinaUe pi ins of economy, many em
ployers were wnling, lor many years, to insti
tute these paruiersnips betaeeu labor and capi
tal, but were at a loss to discover by what
practical plan the.v could attain their object. It
wus too uustilv assumed by many tnat, because
the theory and tf.e scutimeut were so excellent,
the principle itself was only visionary and base
less. In leality it Is founded no less upou a
shrewd calculation of business ptotits than upon
the principles oi morality and justice, for a new
source of profit is opeuei out It each man gives
fill attention to his work and "puts his good
will into it."
We w ill illustrate this by an example. It was
ol scrved that in certain collieries at Whitood
and Methley, in Engluud, the colliers could, by
a little attention in separating tne interior irom
the belter coal, working with cheerfulness and
cood will instead of sullenness and bad will,
create a profit of more than $20,000 annually.
Up to that time it was was invariably wasted.
The men would not lake tho requisite care to
separate the coal. But one of tho sagacious
proprietors Hit npon tne following expedient:
"I dweover herein." said he, " new method of
mail ing money. 1 see my men can, ii they ha a
motive to uo it, create lor me over $20,000 a year
It 1 crave tUein 810,000 of it they would nave that
motive; they wou d dp delighted; 1 should appoar
a great l)n factor In their eyes. And I should be a
hcuclsoior, iou; fur 1 should pat in tneir wav and
place it in their t-ower to add $10,000 (iiGOO Hterung)
to tniir w a tea. We should be on good torm after
tins."
The principle of the partnerships of Industry
is clearly stated in these lucid expressions.
cleared of all tine sentimentality and the confu
sion ot ideas with which new projects are fre
quently enveloped. There is good feeling in it.
The intention is excellent, but not of that crude
sort ot which it is well said that they pave the
way to peiditlcu; its selfishness is intelligent;
its philanthropy is practical; it costs nothing,
and creates a double remuneration by lis de
posits in tho pocket and bank of the employer,
and in the approbation ot his lello -inei, and
iu all those other respects which may iu a secu
lar paper be summed up in the words the re
ward ol his own conscience.
The first who in Entlaod set the trample of
improving tho relations of employers and em
ployed were the mm ol FraDcis i John Cross
ley. 'Iheir works lor the manufacture of carpets
cover e ighteen and a half acres of flooring, and
employ a capital of over $10,000,000. This vast
bnsiucss they arranged on the basis of a public
company, making tneir work-people men,
women, and children, even minors and married
women, numbering lour thousand five hundred
all eligible to invest their earnings as share
hoideiB, "thus giving to every producer an
opportunity of exchanging the seivilo position
oi a hired laborer into that of the dignity ot a
joint possessor of the mill-floor on which bo
treads, and sharing the tcnown and profits of
the linn to which his toil and skill contributed."
Messrs. Briggs A Son, proprietors of the Whit
wood and Methley colleries, have the honorable
distinction of carrying 'he principle of indus
trial pHi ineiship an additional step in advance,
und ot bc:iiR the first manufacturing employers
onaiaice scale who tullv recognized the poor
man' laboi as property, even when cutiiely uu
ussisled by any accumulation of bis earnings a
ontiuciioii oi unmet He importance.
Another company, cullel the "Clayton Plate
ai d 1 ai-lron Company," carries the new princi
ple ot partucrnip yet further, and like a co
operative store, Includes the customer also in
the division of profits, besides iilving to the
workmen of every grade a regular percentage
of the profits aUo. On their plan, ten pet ceut.
is allowed to the capitalists annually, and the
rcmaiuint pioQts are divided into three equal
pniis, one ol which Is distributed among the
ci su.incn in pioportion to the amount of goods
l ouelil by each of them; another to the share
holders according to the number of shares bold
bv each; und the remaining third to the officers,
cletks, und workmen, in proportion to their
vkiious fsluriex and wages.
'J lie Clay ion Company put into practice more
iu arly than an other tlie principle of co-opera
tion as explained in the celebrated definition.
ot John ttnait Mill:
"It U let co onerstion where a few porsoni loin for
tlm ui oe ol making a print Irom cheap purchase
l v w liica ou j a portiou oi mem neueut. co-opora
lion w ti iliti whole of tne i ruduoe u divided
V l.ut U wui.nd la tliat the who not the working
c mm tioulu paitakeof ttit profits of labor. We
want mat tl o wtiuiu utoduco of abur nail to tar as
tl u iiaiuie ol tomtit ia I admit, be divided among
ibu cuiiiimuior and proauovra.
N here every luborer receives a fair share of
the bciubU he has created that is to say. ol
the feivices he has tendered the dexterity of
each individual will be increased, there will be
a saving of tune and a greater economy In the
inateriuis useu, and the meeuuity of a'l will
to more likely to dicover more easy and
lcudy mcthodr. of accomplishing their work in
pereciiou.
In this liht the partnerhlp of labor and
cu ital in a new form ol well-directed coinmer
ciul shrewdness. La bore is are thus recognud.
not olI.v as woik ng machines, but as men who
possets iiitelliHciice and win, wnicn win pro
duce protit ii an adequate motive is supplied by
the rmulover.
There will be many obstacle to the successful
oi erution ol such plana aS we have enunciated.
l uiploycrs und employed will alike in aitlereut
way ai.d at dlflereut tunes, be led astray by tlie
f asslons, ignorance, and errors which are often
he lot ol human nature in Its best estate.
Capitalists will sometimes bo too anxious to
grind the Incoof the poor, and the poor will not
always see that it I tor their interest that the
cspitalist should receive adequate protit. But
one of the niort striking, 1 remarkable, and hope
lul signs of the times is Indicatod in the "part
nership of labor;" and the Intelligence of our
people, the comparative ease with which tboy
may yet save a portion ol their earnings, the
general equality of their eondition, and their
readine'8 to acquiesce In tne w 111 of the malorttv,
are favorable assurances of the success in the
United States of such institutions as wo nave
described. ;
MISCELLANEOUS JOTTINGS.
- Mad'lle riccolomini Is dangerously ill, with
a malady of the spine, and her medical advisers
do not believe that she can survive many weeks.
Judge Braylon declined the office of Justice
of the Supreme Court of Rhode Island, to which
he was elected last Thursday.
The Totiphar Pspers have been added to tho
series of "American Humorists" republished In
England.
The valuo of toys sold in Paris for New
Tear's gifts is estimated at twenty millions of
lrancs.
In Louisville, a few days since, a child died
or smallpox while being carried about the
streets In its mother's arms.
77)6 Kalionat Polioe Gazelle states that the
recent deuth of Gintavus V. Brooko leaves Miss
Avonia Jones a widow I
Tlie Egyptian Government his adopted tho
use ot postugo "tamps. They came into ubc on
the 1st instant.
A monkish rebellion on Mount 8insi is ro-
ported. The mocks disliked their Archbishop
and shut him up in tho b.ack nolo ot the con
vent.
The lone pendlne case of John J. Baker and
clhers vs. Greene C. Bronson. formerly Col
lector of New York, was concluded on Tues
day in the United States Circuit Court, before
Judge Shipman. The suit was brought for tho
recovery ol allege 1 overchaige of duties on im
ported brandies, the amount of which was paid
ut the time tinder protest. The jury returned a
verdict ior the Government.
Gunboats Algonquin and TFinoosfci have at
last Btnrtcd. air. Dickcrson's engineers turned
up on Monday morning, but the weather was so
bad that it was deemed advisable to postpone
the race until a chaneo took place. The
weather bring favorable, both vessels let the
Navy Yard shortly alter 10 o'clock on Tuosday
morning. The "start"' would be made some
time during the afternoon, so, if both vessels
bold out, tho contest will be tormlnated on
Friday.
United States Marshal Murray has mado
a return in the caso of the steamer Meteor, re
cently seized in New York on suspicion of being
a C hilian privateer, setting forth hlsseizuroot
the vessel, and that he still held her sublect to
the order of the Court. Counsel tor Iho owner
appeured, when United States District Attorney
Dickinson signified to the Court his readiness to
proceed with the examination; but, in compli
ance with tho wish oi the counsel on tho other
side, the caso was indefinitely postponed.
The mystery attending the Concord Bank rob
bery in September last, which has excited con
siderablo interest for some weeks in certain cir
cles, has at length been fully elucidated through
the prrsistei-t efforts of the police of New York
and uoston. jNcariy $uo,uou wortn ot tno miss
imr bonds have been recovered, and tho princt
pal prrson concerned in the burglary arrested,
with two others, who were concerned in the dis
posal of the stolen bonds. The history of this
remarkable robbery is quite dramatic, being
carefully planned and successfully carried out.
while the exertions oi the police were fully as
irteresting and complete as the operations of
the thieves.
QAS! GAS!! OAS!!
REDUCE YOUR GAS BILLS.
Stratton's Begnlator for Gas Burners,
(Patented November 21, 1885.)
Tt In a matter of consldetabte Importance to gaa eon
mi in era ucnerallv. and ol esDCOiai UuiioriMiue to ai
ae peri ol boiels an I larire boarding house, to bavo
iirli h hnrnpn will admit oi belnir eaul V and Der-
uiane-ntly adjusted to suit the ipeolal requirements of
i be locality oi eacu I Decauee uioee who nave uui wpir
the bil.s feci but Hi tie or no Interest in economizing the
bub. and eonietlinea carelessly, or thoughtlessly, turn on
IWICe or inriuf! b iuuuii HI. wuum nunnci IUVU UDOT3.
Can ana examine, or seuo your oroeri to
SlRAT'iON & CO.,
AT THE FJLOHENCE OFFICE,
No. 630 CHESNUT Street, Phllacla.
Ectall price, 35 cents each. 1 12 mwf2tn
I1EVENUE STAMPS, REVENUE STAMPS,
JA Br VEMJK STAMPS,
ft all aexcnotiona,
Ol all dcacr ip tions,
Always on hand.
Always ou baud,
At KVANS', No. 610 CHESMIl Street,
At KVANS', No. MO CHKSUT Street,
One door below Seventh street.
One coor below Seventh street.
1 be most liberal discount allowed.
The most liberal discount allowed. 1 3
J U 11 E K A!
THE INFALLIBLE HAIR RESTQRATIVE
THIS IS NO HAIR DYE.
TUF IMMENSE SUCCESS with which tliii prenara
tlonhasmet timing tlie short time It ba been beiore
the public, nts luuuceu tne mouituna anu tern ui uiou
sands who le ui-ed arid attested lis vlriues to pro
niiuncn i. tlie ONLY and I hllfc. Hair Kestorative I he
Kureka has been in. reduced Into all tlie principal cme
boih lantaud Wesu and bavlnx laiinlul.y oeriOrmed all
ibai Is claimed tor It, has supt reciea an omer uatr pre
parations 1 be fureka restores O rev Hair 10 Its oi iKlnal
colon nievtmx me uair iroin inning ou , vj uuuhuk
itfii.tliv eondition nr tne iica n. iimiarunir to lue uuir
sol uesa and (toss and yc utblul appearance mat no
nilier II sir C re Tin rut Ion can nrnduca. I he tureka Is tree
Irom all Impurities or poisonous drugs ana can be used
wlthour s uiur scalp or bauds.
alouutactured and sold, wholesale and retail, by
ROBERT FISHER, Sole AgeiU,
. No. 25 N. FIFTH Street St Louis. Mo.
Agents for Pennsylvania. DYOTT 4 CO., No 231 N.
SECO.NI Street, l'hiiudelphlu. 120amw3ui
No. CWJESNUT ST.,
Have just lecelved
Ol D GOVEBNUtNT JAVA ('OFFED,
XTA VM.LlfcH B hEAK FAST TEA,
prPUt MAttYl ANT i A MS,
FIN DKiEI B r F AND 10NGTJE9. Oljgtn
BE1DEHB OBO MACHINE! WORKS,
OFFICE, i
Bo. 64 K. FKOBT STREET,
We are prepared to till orders to any extent far our
well known
MAI H1NERT FOR COTTOK AND WOOLUBS HILLS,
UicludiuR all recent hnproveinenM In Caralug, Spinning,
and W earing.
We invite the' attention ot manufacturers to oar exUn
elv. works, AtFBID SK8 BOH.
BEVENUE STAMPS, REVENUE 8TAMP8,
BiVEMJE STAMPS,
, Of all descriptions,
i Ol all d.sciipilous, ., . ,
j . A'waya on hand,
Alwavs on hand,
, At EVANS', Vo. M CHF.SNU I street,
At jIvANk So.SW H ESN Street.
One door bi ow Seventh street.
One door he ow eventh atiaet.
The niest liberal o'sooant a'lowed. , ,
'lbeuiost liberal diatouut alloweo. It
S AND
TEV DEALERS,!;
FINANCIAL.
JAY C.OOKE & OO.t
No. 114 S)THIIID STREET.
BANKERS,
AND
DEALERS IN GOVERNMENT SECURITIES
U. S. 6s OF 1881,
(20s. OLD AND NEW,
10-40st CEKIIFICATK3 OF INDEBTEDNESS,
7 0 KOTE9, 1st, 2d, na 8d Series.
COMPOUND INTERES1 HQTE8 WANTED.
IMEBF.sr ALLOWED Of DEPOSITS.
Collections mado; Stocks Bought and Sold on
Commission.
fepecial bnslnoss acoomrnodations resorved for
LADIES.
rnitABELrniA, February, 1808.
278m
XJ. S. SECURITIES.
A SPECIALTY.
SMITH, RANDOLPH & CO.,
BANKERS & BROKERS,
16 S. THIRD ST.
3 NASSAU ST.
FHILADELriHA.
NEW TOllK.
STOCKS AND GOLD
BOUGHT AND SOLD ON COMMISSION.
INTEREST ALLOWED ON DEPOSITS. 21
I lAVlliS JJltOXIIlSlfcH,
Ho. 225 DOCK STREET,
BANKERS AND BROKERS,
BUT AND SELL ,
CSITED STATES BONDS 1881a, 5-2fts, 10 40s
IIMTED STATES 7 8-lOs, AlL ISSUE.
OEKT1FICATES OF INDEBTEDNESS
Mercantile Paper and Loans on Co laterals negotiated.
Stocks Bought and Sold on Commission. 1 31 1
HARPER, D URNEY,& CO.
BANKERS,
STOCK AND EXCDANGE BROKERS,
No. 55 S. THIRD STREET, PHILADELPHIA.
Stocks and Loans bought and sold on Commission
Uncunent Bank Notos, Coin, Etc., bought and sold.
Special attention paid to tho purchase and salo el
Oil S'ocks. Deposits received, and interest allowed,
as per agreement. 121 8m
TUB FIRST NATIONAL BANK
.a.
HAS REMOVED
During the erection ol the new Bank bulldinjr,
to 1 17 4p
No. 305 CHESNUT STREET
urn n v Mnrnrrnn Xr nn
y V M. a V W V V V JV V v J
STOCK AND EXCHANGE BROKERS,
No. 30 S. THIRD STREET
GOVEEHMENT SECCB11IE8 Bought and Sold.
STOCKS Bought and Sold on Commission.
INTEREST allowed on Deposits. 1 311m4p
5 20s-
7'30s,
WANTED.
ilE HAVEN & BROHIER'
l-T
No. 40 8. THIUD STKEET.
G
OLD AND COMrOUND INTEREST NOTES
WANTED BY
P. F. KELLY & CO.,
106t TI1IBD AND CHHBXUT STREET.
FURNITURE.
J3UY FUHNITURE
AT
GOULD & C O.'S
US ION DEPOTS,
Nos. 37 and 39 N. SECOND Street,
KOpposlte Ccrlst Churcb),
And Corner of NINTH and MARKET.
The largest, cheapest, and best stock or
FURNITURE
Of eveiy description In the world. 1 10 ly
T0 1
I have a fa
HOUSEKEEPERS.
rge stock of every variety of Furniture
Which I will tell at reduced prices, consisting of
rLAlN AD MABBLE TOP COTTAOB bTJITS
WALSCT CHAMBIlB SUITS.
PA BLOB SUITS IN VILVKT FLUSH.
PABLOB Sl'ITS IN UAIB CI.UTU.
PABLOB SU11S IN KEP8.
sideboards, Extension Tablos, Wardrobes, Book-cases,
Matuesses, Lounges, Etc a.tc.
P. P. GUBTINK.
1153ro N. E. Cor. SECOND AND BACK 8TS.
MANUFACTURER,
, ND DEALER IN
potijgrapJt gjMuros,
B30KS. BIBLES. PRAYERS.
Uagaalnes, Novels, and all the
New Publications.
CARD, MEDIUM, AND IMPERIAL
PHOTOGRAPHS.
Stereoscopes and Stereoscopic Views,
rkturri of cH Limls Framed tMrder.
808 CHESTNUT ST. 808
III
1
!
WATCHES AND JEWELRY.
f DIAMOND DEALER & JEWELEIU
WATCIIEM, JKnKt.RY A KILTER WAItl,
VWATCHE3 and JEWELS? KZPAIEED. ,
03 CTHMitiint St.TV.l-
FINE DIAM0HD WORK.
WATCHES.
or the most celebrated makers.
SILVEIUWAI1E.
FOB TTEDDIXQ PBF.SESTS, In great Tarfety.
REPAIRING DONE IN THE BEST
MANNER.
Old Cold, Silver, and rreelooa Stonea bought far
Cash. uw
(JIIOICE HOLIDAY GOODS.
Larire and handsome assortment of
COLD AND SILVER WATCHES
DIAMONDS, JEWELRY,
Bir,VKlt AND PliATKD WAItK
CLOCK 6, BKOSZES, ETC.
, CLARK & DIDDLE,
Successors to Ihomai C. Garrott,
6 221rrp No. 712 CBRSKUr STREET.
WATCHES, JEWELRY, &c.
MUSICAL BOXES.
A lull assortment ol above irooois constants on
baud at mctleiato price the Musical Itoioa playing
Irom 2 to lu beautiful Air a.
FABR & EE0THER, Importers.
So, S2itHEMU STUKBT,
11 lltmthlyrp Below Fourth.
RICH JEWELRY
JOHN BRENNAN,
DEALER IX
DIAMONDS, FINE WATCHES. JEWELRT
Etc. Etc. Etc.
9 201 No. 18 8. EIGHTH Si KBET, Philada.
HEN It Y HARPER,
No. 620 ARCII STItliKT
' Manufacturer and Dealer ia
Watches,
Line Jewelry,
Bilver-Plated. Ware,
AMD
8ly Solid Silver-ware.
FIRE AND BURGLAR PROOF
gEVERE TUST OF MAJiVIN'S SAFE '
At Charleston Fire, October 18, 1885-
"After removing my sale rone of Harvm A Co'a
Patent) from the ruins, where It had lain ior virrv.
tiikilb hi urt txpoi' d 10 m'enie heat, I lound my books
in a perieoi siaie oi preHervanon 1 express my oeilvnt
and entire satisfaction vnth the result, and hearrUr ad-
vh-e all to purchase Marvin & Co.'s nates.
(Blgnod) "W. a. CMAFEE."
A full assortment of the above SAFES, the only per- .
feotly dry, as well as thoroughly flre-proot one In the
market, for sale by
MARVIN & CO.,
No. 721 CHESNUT STREET,
(MaaonioUall), PhUa,
No. 2C5 BROADWAY, N. T,
Dwelling House Sates, ornamental styles.
Safes of other makes taken In exchange. Send tor
descriptive circular. 1 20 im
TEAS, &o.
ri EAS REDUCED TO $1, AT INGRAM'S
A Tea Warehouse. So. 43 8. SECOND Street.
"OOASTED COFFER REDUCED TO 30 CTS.
J at INGBAM'S lea Warehouse. No. 43 S. SECOND
Street.
inC. BEST MILD COFFEE, AT INGRAM'S
W Tea Warehouse, No. 43 8. SECOND Street.
"EAS AND COFFEES .AT WHOLESALE
SECOND Street Try thein.
GREEN COFFEE9 FROM 22 TO 28 CTS. A
pound, at JNGBaM'8 Tea Warehouse No. 43 8.
BLCOND Street irythem. l it
DENTISTRY.
ISAIAH PRICE, DENTIST, GRADUATE OP
Philadelphia College of Dental Sunrery. class lttfS-4.
formerly oi West C hester, Pa., having sort ed three yeans
in the Armv, has jexunied the practice of his profession
at No .841 N. ELKVENTH fctrcet Plillwlelpbta, where
he will endeavor to alve sstlmaciory attention to all wbe
may require bis pibitsslonal services. 11 8 ly .
STOVES RANGES, &o.
(ULVEll'S NEW PATENT
I EEP 8 AND-JOINT
HOT-AIR FURNACE.
IIANQES OF ALL, SIZES.
ALSO, rUIECAE'S NEW LOW PBESSUBE
STEAM UKAi IN vi AI'PAEA I US.
FOB BALK BT ,
CHARLES WILLIAMS,
No. 1182 Ha BEE! BTREET,
6tlT
SHIRTS, FURNISHING GOODS, &o
J W. SCOTT & CO.,
SHIET KANUFACTUEEES,
AND PEALEE8 IN
MEN'S FUUNIHUINO GOODS,
No. 14 Chesnut Street,
rocB poors eelow Tux "CONTINENTAL,"
. 8 201yrp PHlLADELfUlA.
PATENT SHOULDER-SEAM
H11IKT MANUFACTORY
AND CENTLEJIEK'S FURNISHING STORE.
PRBKECT riTTINU HHIHTH AND DBA WEBS
made from measurement ut very short notice.
A il oltxr article, oi UkJi lLVU ICh' DU.S8 QOOVi
la lull variety.
i WINCIIKRrKBftCO.,
B241y CUk-slNUT STKKKT ,
- HAIR ESTABLISHMENTS.
IJAKER'S 1'CrCLAR HAIR ESTABLISH
J I H k.NT 1 he aworiuient ot Hraids M lys Toupees
Parrtesux. Fupniius- Hnuleaux, Tonaues. FrUes
C'runpses, ( nrlr, 1 luslve Srsnis nr Indies, cannot be
equal ed Ly any other hou in the Culled HlaUM, at
or lies lovt r lLiii eewhere
11 M 3m tW CU1.NCT Street, Philadelphia.
if