THE DAlLl EVENING TELEGRAM". PHILADELPHIA, THURSDAY, MARCH 15, 18GG. THE NEW TOBK THESS. Editorial Opinions of the Leading l Journals Upon the Most Import ant Topios of the Hour. COMPILED IVtBT DAY FOR XTENIltO TBlKOaAFU Intcinatlonol lelc;rapbf From the 1 imet. A mcnsure wblcb involve questions of frrave national Importance is now under consideration bj Iho United Statei Senate, in the bill reported tj Senator Morpai, to fncourape tclograplito communication between the United State and tho Inland of Cufea, aod othor West India Islands and the Bahamas. I'trmi lesion it asked of Con Stress to allow certain citizens of the United States the exclusive privilege for a limited num ber of ytars to lay a tolcgriai hlo cable over or upon a specified part of the coast of the UniUd States, with a vie to connection with the Weat Iadia Islands. From the debates In the Senate n this question on the 20th ultimo, we find that this privilege is atked to protect American in terests Mlilch are now jeopardized by an exclu sive grant given by the Government of Spain to certain Spanish subject to open telegraphic communication, between the United States and Cuba. tVe aho learn that a French company, with exclusive privileges for one hundred years, has been heavily subsidized by Napoleon III, and that the privilege for this company to land on our t hoies bus been the subject of diplomatic correspondence. It is to lusuro tho protection of American interests against foreign monopo lies ot this nature that the Senate Committee on Commerce has acUd in reporting; this bill. If we concedo that the effect ot such an enter prise would be desirable, Is it within toe power oi Congress to make such a gram? Is it such an element entering into, the commercial busi ness of the people of the United States in their relations with ttie rest of the world, that it is legitimately a subieet ot regulation under the eighth section of Ilia Constitution ? YVc think that both thsse questions might be answered in the aflirmatlve. Telegraphing is of nucli comparatively recent discovery that any reasoning upon its relations to the Oovernmcnt must be by analogy . rather than from prece dent. The law ceds territorial ownership of the land on the coast between high and low water marks to the 6everal Statei, and vesta the dominion in the United States to a distance from the shore ot a maritime league, or tho range of a caunon-fchot. 'l'fce United States, then, have clearly the right to say a ri?ht which has never been disputed ttifit no foreign nation shall esta blish abattury witaiu the water3 of suca mari time league. This eeiug the case, has not the General Government the right, to forbid the laying of a telegraphic cable upou the Juiuium within this limit? In view of ' the fact, that a telegraphic cable might be made as dangerous to the saiety of the nulion as the erection of a battery, we think the power is equally unquestionable. L'piii the right and duty of sell-tielense the whole principle ot the exclusiveness of tho ma ritime league rests. Under the power incident to this dominion the general Government can also declare that the Wzr or Nnvy Departments inrght exelueivclyllay and use these cable over this particular territory f or the salcty or conve nience ot its military posts or navy yards a power which might bo delegated to certain of its own citizens primaiily, ir Us own conve nience, mid secondarily, lor that of the general public, so tar as its capacity extended beyond f their own needs, thus exclud ng foreign nations lroiu occupying the coast liue by a an aeency so potential lor good cr evil at a telegraphic cable. This point does not touch tlie question of the power ot Congrefs tinder the eipiith section of the Constitution to regulate commerce with toreign nations. There may be some difficulty here, but less, perhaps, than apptars at tho first view ol the subject. It will be admitted that the telegraph la now fully incorporated into and has become a part of the modern commercial system of the world: but it has use other than commercial, and features unlike any other elomcnt entering into the constitution ot that romiiretiensive word, commerce ur elemeut making it quite neces sary that th? Government thoHld exercise some control over it. Swift as thought, voiceless "while speaking, in an instant a cypher message may "pass lrom one continent; to auothcr which might gravely ufiect the interest, of a whole people. The grantees having first procured the riparian rights, as tvell as the State grants tho consent ot the general Government to lay the cable within the limits of tho mar.tiiae league bevuiid is esbential. 11 would seem that the jno t roii&tiiutioual government in tho world should assume la sose way to regulate sucn an ngeucy as th:s at leatt to' boa tntn it is iu the liui.cib of its own citizen-. Fetro!cuni a Uus'ncsy, and not a Specula tion. From tlf Tribune. The Report of the United States Kevcnuo Corn mission on "Petroleum as a Source of National Eevenuc," recently submittei to Congress by the Secretary of t:ie Treasury, tojethcr with the novel and long-matured project of tho Hon. C. V. Culver, now representing the Oil District in Congress, for buildiiig the metropolis of the pe troleum region, has exei'cd a new and healthy interest in the wonderful utis ness ot petroleum. The titty closely printed pages of the Cotumia Eioiitr's Report, heavy with computations, and chi mistiy and science Lavu an interest of their own. Wo n-e how the wilderness of an Almost unknown d.btrict ol Pennsylvania has become the centre of oneot the hrst staples of commerce and rcauulacturr. ULe cubtcms tables tell us thet American sea men now carry petroleum to a hundred ports to absorbing Antwerp, which took 4,149,K!21 gal lons in IMi-l; to China and the Indies, that were content with 34, 3118; or the new world in the Pacific Bens, wbiuh received in lbG5 nearly I,(joit,u(!U gallous. Where ten years ago were scriigiry lands, bordering narrow streams, re luctant to yield a harvest, has gushed fortn a Btrei.m of wealth more abundaut than anv that ever came lrom tho golden Rocky Mountain;-, aDd giving every proi-pect of as great per muiH'uce. Tle petroleum business has been a subject to the fluctuations of every business that is based upon sudden and unaccountable developments ot wealth, lien became crazy with the fever of sudden eain, and for five years, yearuin r, hun gry madmen have been leading a tarantula dunce among, the mountains and ravines 'of Venango. Shrewd monev-changers traded on this panic, and to largely piotitod by it in or- fauizing "companies" upon tne system which lr. Pickens made memorable in his history of Mr. Sloutagu Tieir, that a feeling of repugnance arofe in the mind of toe people agaiust petro leum, and men ruefully recalled the history of the bouth Sea Hubble, or Law's Mississippi . ncbcuie?, or England's recent railway freuzy, as they thought ot their real 'money sunk in Imaginary wells. Every Venango adventurer vi.o tailed to sink his thousand-barrel welt re turned borne In despair. Those w ho remained vere burdened by a Government tax which injured the free development of the Petroleum trade. The etlect of this tax upon a new and croing iudufctry is shown by tho Government Commission. khould the change In the tax suggested hy the . ' Revenue Communion be made, the reaction now taking place iu the petroleum devolopmeut ot Venango w ill make it a business aid not a specu lation. Whether Mr. Culver will succeed with bl Krno 'experiment or uot, he certainly de serves the credit of having i&hdo agrand attempt, lie has .attracted around Urn in his present en terprise men of reputation as financiers aud meichants. Under proper aud systematic management there is no reason why petroleum should not be umdo as successful a business as the minin? ol'bilver, coal, irou, or gold. It has HUllcrcd. heretofore, troin irrobuoiiHihla com. names., which had only the etluet of destrovlna confidence in one oi tlio mot iuiportaut AniurG Can interest. . . The I'cnlnn Ap'totlon and th Policy of the Uritifch GoTcinmcnt. Frcm the IhralA. ' While the Fenian agitation tiyes the Itritish Government some trouble and puis it t some expense, tLe astute and far-wjelog men who uro at the helm of oft airs will manage to turn the evert to their own purposes. Tbfy have no fear of the Fenians dismembering the llrUisu empire or even of revolutionizing Canada, if that should be the purpose. They know their own stiength too well. A prcat deal of the tuns and Boise about the Fenians is made, undoubtedly, by tho Government itself an by the aristocracy, to divert attention lrom other questions and to enable them io Beceinp'ish other objects. This is a crmmon paine which tie statesmen and politicians of Europe plav, and none nioro adroitly and Buccessluliv than thofo of England. The "questien of electoral or rarlimnentary relorm has been asitated some time in KaJanJ. Tie mass of the paeplo wet ncer satisfied wilh the Itetorm bill of lb.'!2, as ihey had reason not to bo, lor thev were excluded lrom it benefits. After a Rreatd'al of agitation and preat promises at that period the reiorn movement ended iu a limited exeusion of tne Mifi'ragc. Tho aristo cracy were compelled to make koine concession to popular demands, bat they yioldcd as littlo as possible, and were smart enough to control the movement. The Prime Niidster ot England to-uav, tarl Russell, was ono of the prominent leaders of reform, but when the measure was paused lie declared that it was final that the elective franchise eoulJ bo extended no further. 1 or diis he was dubbed by the disappointed re lormeis "Piaality UuRselU" lur.ng the thirty-lour years s-nce the Reform bill passed, the question of further relorm that is, to eive household snflrage or something approach! that to the pootiie has been 'kopt before the public mind. The new reiormers have been gaining strength every year, until Dually the matter was pressod upon tho Govern ment' to tar as to obtain a recognition oi tha necessity el reiorm. Of c urse a Government of which Ksrl Kussell Is the head would only give the smallest modicum ot thai popular article to the country. Still, the prospec'. was that some thing must be conceded, and when the present Parliament assembled expectation of reform to hish. Kothmg but great outside pressure could induce the Eubsells, tho Derby, tho aristocracy and privileged classes to grant this, and they were quite ready to seize bold of any pretext to ignore or postpone it. They will consequently nse the Fenian agita tion to divert publ.c attention iro n retorm. Not being atraid of anytliinir very serious com ii'sr out of it, they caii atioid a little expense and trouble if they can realize the obleett'iey always have at heart. To hold in check t lie tea dency to democracy, to limit the suifrago as much as possible, and to allay lite popuinr clamor for retorui without grunting it, is of iar more importance iu the view of tho F.nelisli aristocracy than the uuno,auce or U-ouble ot' 1'enianisni. This ag'tatiou', tuerelore, will eie them a capital pretext lor postponing reiorm. and they will nurse it as lon as it serves that purpose. Another object it w'll serve is iliat of afford ing an opportunity of settliiir tie rtiiiieulty of the Alabama claims and oth"T inattt-r.) ,'iiu tu'ta country. L'eder the scare of feninni.-in the miuisify will be able to lowi-r its toiio, and make an actjtistmert which it could not do so well otherwise. If there wcie no dom-stic or other serious troubles to cna;;c tlu public iniu.l the people would not uo so lemly to t-uorilico their national pride un 1 U do justice to the United States. .But when the Covernmeot can make them believe it h:u its hauda lull of di:ti- culties they will be more humble and con siderate In this point of view we think the Fenian excitement awards 'a gooii opportui.it.y to settle p all outstanding matters wit.i the United Siates: and if we may bidet from the tone of the Priliih pre's and i'arliumont. the fame impression is gaiuing ground ja Kuttland. Just low the Un ted States la a very great country, its Government very magnanimous, and we are a very amiable people, in the esti mation I Knrlaud. Bat there is still another important, purpose which the Fniau agitation is expecuid to serve. The liritish Government hits been coaxing and pushing the colonies of NoitU America to form a confederation. The colonies have been averse to this, believing their existence as separate governments more conducive to thfir independ ence and welfare. There appeared to be little prospect ol this royal consolidation scheme being carried out a ihort time azo. It is sup pced the ulteilor object u to plaes all iheso colonies .under a vice royal government to create, in fact, a quasi monarchy, or, may be, a monarchy on our border. This, it i3 believed, would strengthen Knglaud's hold on America, make a government strong enough tosutaiu itself without much cost to the mother country, and be a check to tho gronlh of republican in stitutions. The scheme originated at the same time with trie French invasion oi Mexico ami the Spaa s'i assault on the other republics o( thn continent, and looks very much like a secret Europeiu. combination against this great republ.c. Tho conlederation protect did not seem to take, a- we observed, and there were signs of abandon ing it; but the Fenian fright, or pretended fright, has given new life to it. The Government eagerly seizes bold of this to push the project, aiguimr that sell-defense against tho Fenians demand sucn unity among; the colonies. Tims, we see, thut while the Priish Goverumeut hits no tear ot an Irish republic or succcsstul revolution in Canada, it in using the I"nian ai'itat'on tor oiher ends. But it is a dangerous experiment it is playing with fire. The Fenian movement, if tumjeicd with tor political puipos?s. may go luriher than expected, and it may ignite revolu tionary tires in Knglaud itsMt aud throughout tho continent of Europe. We may ba thankful, however, it it be the means of stimulating a prompt tctticnient of England's dilllculiy with ourselves. Satan and Sauch l'nnza Combined Iu Congress. From ttit Herald, , The absurd speech of Mr. Toad. Stevens ia Congress last Saturday reads like a chapter from the famous novel or Cervunte's. Mr. Stevens is the Sancho Panza of tho rndieal fac tion, as Senator Sumnr is its Don Quirjte. Although these two representatives travel tho ksme road in company, their characters aud their peculiarities are essontlally di.fereut. Sumner is the kuirht; Stuveiu i3 the esquire. Sumner looks upoa the negro raoe as a colored Dulcinea to be relieved, while Stevens trudges along with an eyo to lun aud frolic,- and a mouth ever open for the loaves aud fishes. Sura- ner ii rather . moody and melancholy; muoh study ol old books bus made him mad: he renders himselt ridiculous by aaemininar to carry out impracticable theories in tuisprac.icsl, workaday age. . Stevens has studied notbiug but men, and only lallb iu with his master's chivalrio notions when tbey promise to lead to uood tare and tac oliices. Sumner Is ambitious ot becoming tho champion of the most ultra interpretations of the great principles of liberty, fraternity, and eciuality. Steveus sighs ouly tor crrature com forts and remunerative pa ronane, and caran more tor tho next election thau tor any abitract principle ever enunciated. ' The ouo is a luuatio philosopher, and we pity him while we lau ;h at him. , The other ts a shrewd, unserutmlotis poli tiLmiij lull ol bioad humor and loud of rough jokes, and we are equally reiJ.v to lour at iiiru whether he is drubbing somebody or buing soundly thrashed. The Congressional Don Quixote and Snncln Punza might log alona toiilier in appropriate rompaniouehip, causins mirth in all observer and happening upon all sorts ot ludicrous ad veutures, without the slightest objection from any quaiter, it it were not for the latit that Stevens, unliko his great original, hai a spioe ol Sutim in bisjcouipnBition, Don Quixote Stun ner is safe enough In the Sruato, Dixon, Doo little, Cowan, and a score of other sensible men are tneie wan h'ng him, and they will prevent im lrom doing any harm to the country by Uls fantastic performarees. Tlien, lftlie worst comes to Xhe worst, l'rrsideut Johnson can interfere nd unhorso thin theoretical knight, this incar nated snacbronism, with a veto message that sends him sprawling In the mud even while he is lioiitir (he battle-cry ot negro equality. Put Ssncho Panza Stevens, witn a majority of tie House of Representatives obedient to all his whims, is not altogether laughable. There is a streak of deviltry In some of his prenei tlines w hirli n rrils a decided rebuke. His speech last fntnrday, tor example, Is capital as a mcro piece ol lnimir; but wh-n we consider that through the subservient eood nature ot Congress ho was allowed to put upon otlicial record the vilest Copperhead blander against tho President, and when we also remember that all his arrant t'alse ht ode, humorous as they were wheu delivered in tl.e House, are calculated and designed to de ceive the Pennsylvania Dutch voters when transJ latcd into Gcimun aud circulated as a campaign document, we at once pee the forked tail of Sutnn emerging from the rear of Sancho Pauza's ooublct. or are the murks of the Satanic pre fpce less evident n the new scheme for suoj'i train C the Southern States recently adopted by Stevens and his friends. Tl e theory of Pen Quixote Sumner in regard to dead (States and territorial Governments feems to bo abandoned by Sancho Panza as flat, dale, and unprofitable; and it is now proposed to bold negro conventions at the South, elect rrt'io delegates to Conrress, and admit them in defiance el the President and ot public seat! ntriit. Tho Idea ot negro representatives, first i atirically broached in the-e column, is quite stricusly adopted by the Radicals. They are determined to a ;t as the French Convention did in relation to St. Domingo, and their course can produce only similar results. Oi c jurse tho whiles of the South will not subnet to be thus ousted fruin their rights: a negro insurrection will ensue, aud the President will have to inter fere to prevent a general maspocre. Th.s latest scheme ot our Saucho Tanza is, thertioie, by i.n means tunny, and is not iu keeping with the character which be otherwise assumes very well. ! Fortunately, however, tho South is still t nder n initial law, and any move merits towards negro conven'ions may be promptly suppressed. The President proved by Lis speech on tho 21!d of February which was no joke, ull assertions to the contrary not withstandingthat he understands Saucho panza Stevens thoroughly, aud is ready to cast t lie Salun out of him at the proper opportunity. W hen this is done when all the dcvil.sh np:rit is gone, and only the wit, the humor, and the fliif wd conniion sciifc remain, we do not know a Coiisrcsfiuan whoso retirement from public life will Le n.ore ' Mucerely resnetted by all lovers of luiif.hicr than that of tho notorious member fi cm' Pennsylvania. The Guprantcc Section ol the Constitution. Fiom tha !'nrld. Ltnry Winter Dav'is, a few days before his death, wrote to a gciillcmnn in New Jersey the following letter, just pub islied: Jiy Derr Sir: Ihe ense re erred to is Luther vs. Koroeii, 7 Dowurii, S. (J. Iu-p , 1. 1 did i,oi s.iv tl'ut ilio htoies were out of the Union in luw bv rcti llieu, or in luct b Hie result ot arms. Un the contrary, i said t lit; ii uie ovcriiiiieiu ceusea to exifi in ion by rtnoencing tlio CoitetUuticii, and injur.) l-y lit-iuu 0.pelit'U by unns. Iote iLe c.vo.'tity Tae Slates aro in the Union, or eltowc aic l et bound to (.varantre them rcptwlf .' g'tfim ittj. lliey have not republican rov ernmeutri) and that alone fives Conpriess the rigiit to tfci.tiol liiu teitoration under tlie power to feuur aiiieo. iMiuiner is tctting rlcht on this point. otjiitts looks jtrm ; but u niu i bo wiso as well as lain, li we to Leiore tjic pe jilo next l.m on a nega-i.vt- ittue. leavi: h Joliiison's goverumeut iu poson sion oi tlio Mates, und simply ioiiho to admit tliem to C'oiipress, ww will inevitably bo beaten. Ciongrosi imift a'tt.ul Jchnutu's uovorumviit'), formally pre sent c uuivuisai iiiilnifie as lliu couiiitiou nine qwx itint el n ccijiintion, uiid i rni oc to aniead the Con stitution, makim? it tlio siujh mo law of thu lund lor li '1 f tutus, and iro to lie euumrv on tMese nioiumres. or, n e iiej o w.li itccojit Jubnscu's governmeuts as asi.lutiun mill Btmt representatives to admit their rriircsoLtutives. fciuctiuiy jours. it wistub Davis Baltimore, Md , Drcembor 21, 18t55. This letter evinces a lucid perception of the points on wuicn tue reconstruction controversy binges, Its ai'gtimcni that the Southern States most be regarded as in tho Union to make ihe Uonstituyonai guarant e ot repubiicm govern mint applicable to them, is conclusive-. Mr, Davis' cellmate ot the contlict bet weeu Congress snd thi President does credit to his perspicacity lie clefaiy edw thai a nieie refusal to admit the Southern representatives would, in the end, amount to no bins, unless Congruss should "aLiml Johueon'6 governments," and set up new State governments in their place. But this nulli tcatiou policy having been checkmated by tho veto power oi tue president (not supposed poa- fible iu December, when thhi letter was writ'.en), Jir. Davis' sagacious prediction will bo uiltilled, ti at "the people will accept Johnson's govern ments as a solution, aud representatives to admit f.-nr lepx'ftentutivee." The only way which remains open, even iu V eery, to ' annul Johnson's coverniuents," is t i.e t eip"iot3 coctpirncy to which tho Radicals l.i.vo ltfcortcd of netting up new governments by ti e spontaneouE uetiou of the Southern i Vf.ioes and pureba-ied whites, and almittiug lUu v reprtsenintives by tho separate action of i b Hume; which may be doun by a more nia ionty. but a cou.-'jiivacy to overthraw tho t 't ie p.overnments of the SutitU would entitle th. tc governti.onts to Fedeial protection, which tie P'esidebt Iihs aniplo authority to reuder, ivii.g the in my, or the militia, to any extent he l: ay deem necessary. The law, in clothing him u it'll this l ower, w tikes liim Ihe sole .jtide of the cxijitney, and his discretion the sole limit us to tho an, cunt ot the military lorce he will employ. 'J iis Lew phase Lis controversy has assumed it ni'U is it even more important than before that ti.o couhLry should have a clear understanding cf tl at pint ot the Constitution sometimes culled the- guarantee section. Congress have pro! seed to act under it, in their attempts to set up hew Stute tovcrnments in the iaouth; and tioni it is also du'ved the authority by which tii Pit-siueut will protect the existing- govern mer.ii irom distruct oa, it ttio Dadical conupir liicy lor their overthrow is persisted in. The gt urantee section is in tbo following words : "'i he L nited States bhall guaiaBtes to every State in iliis Union a republican lorin of govern meiit, and shall protect each of them against invasion, and, ou application ot the Legislature, or ot iho executive n hen the Legislature cannot le couveued, hgaintt ticmostio violence." ? Kefhing occurred iu our political history' to cull tor a very attentive silting ot this important section until thn Dorr rebel. ioui Khodo Islaud, in Is ''.2. In connection with that disturbance it wits discussed with as much ability as ha ever been brought to the consiceration of any cinsti ti.tienitf question. A lout; and exhaustive letter c,u the subject by Mr. Calhoun, in lbi, Mr. Web rt.v'a aigument before the Supreme Court, in jfcJti, aua the opiuio of tho Court itself, pro nounced by Chief Justice Taney (the caso re fened ro in the beginning ol the above letter), aie the expositions which best deserve to be fiudu d, both because we have never had three nsiuds better qualified to ba'idle sucn a subject, niid because their substantial uereemeut ou the maiu point Is in i'.seli no allstht presumption of the soundness ot tbtir coinmou view. Where men of pre-eminent anility who looked at the Constitution lrom such diSTeient standpoints agree in opiniou, tneir loint conclusion is not ltuolv to be shaken by subsequent examination.' We will not follow the ampin raugo of those vur ous discussions, but merely inuieatea few cideut conclusion which, follow, without any legu ni ictiuements, from the language ot the section. . - The combining of three distinct cuaiauteea In that S'uclo section shows that, m the eytlma tionol the trainer, they are related, and are caicuinica to mrow ngnt ou eacn otnor. n,cn in ilea L nt d for the protection of the Sta'es, and taken; together, thev euarantes protection asaniid. every kind of danger to which the States can bo exposed. Tim oulv dangers which a Stute is not ci-muetent to meet unaided aro in vasion from without, rebellion ag'aiust its Gov euiuirnt from witliin, and 'usurpation by iu luleH, wlio may wield us Government a'lust tlie libelties of tbe people. Against each of these car-Ker tne sett. on -provides, a guurauiee. - It will conduce to clearness lo consider theee guarantees in an order the reverse of that In which they stand in the Constitution; that order being merely rhetorical, for the purpose of kriLsing- the long and qualified clause last. The qualifications by which this is limited grow out of the nature ot the evil agaiust which it tuards. The "domestic violence" which it contemplates is violenco egainut the State eovernment; and that government is made the sole ludge of the exleency. in order to take away all pretext for Federal intermeddling in '.he internal atliiim of a 6tate under color ol supporting itsgovemment. Ihe State Government is to be, in every case, the cole Judge ol its ability to protect itself against internal distmbance. II a StaP govern ment needs assistance aeainst domestic violence, it is capable of knowint it, and has the appro Pi iale oflicial organs through w hich to ask for it. Keither Congress nor the President can In tel fere lor this purpose unasked. Ihe guarantee against invasion is not quali fied; the obligation it imposes is absolute. Inva sion necessarily comes lrom outbide. aud all the external relations of the States belong to the sole Jurisdiction ot the Federal Government. Under this clause, it is bound to expel and drive flf iitruders without waiting to be called on, but it can do nothing mofc. When the invasion Is repelled, the Federal Government has nothing mere to do: and even durlDg its continuance all the internal at! airs of tho State remain under the exclusive jurisdiction ot the State Govern ment. Ihe guarantee of republican government also requires io application ou tho part of the State, (or reasons founded on the nature of this guarantee, which is intended to protect the State agamst the uxiltpation of its rulers, lo this case it would be absutd to await the applitation of the Sialo Government, for the Sti.te Government is the very tbing against which tho State is to bo protected. The Usui ping rulers would, of course, never apply to the Federal Government to aid the pi'oplo. If the usurping State Government should esta blish, a monarchy or an oligarchy, the Federal authority would wait for no invitation to in terfere. The important question under this fruaiantee i what u the stnndavd ot republican government? It is by departure from, or con formity to, this standard (whatever ft may be) that the Federal authority must estimate its duty ot interference or forbearance. It may safely be nssumed, as au incontro vertible position, that no State Government vio lates tho republican standard by any practice for which there is a precedent in tho Governments ol the original thirteen States. It is absurd to suppose that the Constitution intended, or that the States accepted, a standard which would have permitted the Federal authority to set aside unv of the State Governments then exist ing, with which the States cn'ered into the Lcicrn, us, it wtis first formed. Whatever was consistent w ith republican in any State on its first entrance into the Umon, can be no bar to its continued exii-tence. in the Union as a re publican Stale. To In Id tho contrary would be to suppose that the men who framed, and the States which rigiiia!ly adopted, the Constitu tion did not understand their own meaning. Advancing i'row the general discussion to present application?, we may lay the guarantee atramst invasion out of view, as havin no re levancy to the present state of ntfairs. Both of the other guarantees are closely connected with pending questions. The imp'ortaut point to determine is, rrJuci of tlie two gniiranteesjs now applicable ? In otbtr words, is it the existing State Governments that are to be protected, or is it tbo people of the Southern States that aro to be protected against those Governments? If the existing State Governments are republican in form, the guarantee against domestic violence insures theiii protection against overthrow, whenever they find ic ncesshry to ask for such protection. Any attempt to "annul Johnson's Govern ments" is clearly unconstitutional, urless it can be shown that tbey are not republican. But, to prove them anti-republican, it must be shown that they differ, in seme essential particular, from all the Governments ot the on inal thir teen States. It is claimed by the liadicals that universal soflrage is tbo test ot republicanism. But none ef the original thirteen could Pave stood this test. Had it been innisted on, the Omon could net have been formed. Surely, States cannot be turned out of the Union for reasons which did not prevent their original ad mission. It ia clear, therefore, that the guar antee which protects existing (State uovern ments tcainst overthrow is tho only one which applies to the pieent condition of the country, WATCHES AND JEWELRY. OUR FATROKS AKD THE TUELIC. We are oficring our stock of WATCHES, JEWELRY, AND SILVERWARE, AT A DISCOUNT, Fully equivalent te tlio heavy decline in Gold. CI.A11K & BIDDL.E. USQlrp No. 712 CHESKPr Street (J.LJ v.lU,i V Jail lccelvcd n larc a d ep:ondId OFPortuict ot LAEIIS' GCLD WATCEES, Ecni In plain cr.erfi, utters brsutH'ury coameilid and (bciuTee, und others taiald wltlidliiuiODdg. furch tiers wltliinu I1ASBSOME LADIES' WATCH Will do well to call at once and motto a selection. Prices moderate. Al. watches warranted. Also, a large aasortment ot GENTLEMEN'S AND r-OlV WATCH E3, IN GOLD AKD SILVEt CAStS. 2 24 WATCHES, 'JEWELRY, i MUSICAL DOXES. A full eskortinent ol above pooos constantly od band at mode ate jiricos the llusical Boxes playing trom 2 to 10 Lcaoutul Aits. FAEE & EEOTEEE, Importers. No. 84CUEfcNUt bTKEJET, 11 llnntl Jrp Below Fourth. 11 I C II JEWELRY JOITN BRENNAN, PEALEB IN DIAMONDS, FINE WATCHES, JEWELRY Etc. Etc. Etc gf fro. 18 B EIGHTH S I KBET. Fifad. HENRY HARPER, ; No. 620 AIIOII BTIlKlilTe ; Mauutaoturbr end Dealer m , Vatrhn, fine Jewelry, ; Kilver-l'latetl W'arft, AJ 88r fiolid Kilver-ware. M Illf BTAJll'" AGKNCvl NO. M4 Clli'iRNTT J H'IBKI-1, A10Vt)lllH Vt lLUUvf OMlNUl-Ji AR IlKllKTCFOHK. OTA it I' ot Vr tYPFhCH I VTtON CONSTANT I.T ON 1JAM1. 1N .ANV AaHV?)T .11 . P II O B P E C T XT S OF IHE I CARSON GOLD MIMACi C031FMY. CAPITAL STOClv.-.Ji5OO,000 NUMBER OF SHARES, 60,000. Tar Value and Subscription Price, $10. WORKING CAPITAL, $00,000. OFFICEll S : TBESIDENT, , COLONEL WILLIAM B. TIIOMA. SECRETARY AND TREASURER, pro tCIH, J. I10TKINS TARR. KOLIC1TOR, WILLIAM L. IimSf, ESQ. DIKEC10K3, COLONEL WILLIAM B. THOMAS. CHARLES 9. OGDEN. EDWIN MIDDLETON, ALEXANDER J. HARPER, WILLIAM LERGER. J be Lund of thl Cmntiuir rnnlctii nt ohr.nl 110 Acrcn, in k otklcnLum couniv Sortli CaioUim. ubuut 07 uiuvb iruu iuo ion a oi luurtoiie. On this proportv firccu shafts or nits have been enened Ki d dunk tevrlou deinlie, lrom 10 to bi loot, deinon- htralliiK tbe txliitrnce ol lire iaraue. vemiot oreof aliout I itet in kiiu ana about in icct apart, vonvrrtslux iu a vumirvii ceune at iuo uepto oi aDOUl i,io K-!C. lorui- iiig aue iljiuiense mac or vein ol ore, eitpndin in leuKiu iirou(in m proprriv u ore inaa nuir a mile, 1 lit-it are tlso on tills ptwperty otner veins oi are unex plored li tlier-a or aia known as tae Brown oros and are v rv ru b, yielding an avera.e ol about S'2W) pitr iiu in it-Hi. nt kbbta hiiiii ii a vini aceo ui-uiuii- atratcu by tbe tuna nerk:ng or tke mlnrs lorgevurdl yeari- pant, tne ilea oi luvtMBit-nt In nnileeioncd nro in rt r la aot incnrrrd. anil i vilie nunilranon ot modnm uiuiitK anu refuting mm tiiiory ike t ouipunv aiiuclpa.e au iu,uiuiai nuii inj,c it-iuiu he lurir mouev. Favlnir nn oro that readily yields '200 per ton, iomn estimate chu be made el il-evwue at-Ins property. With ttOnriMUl luipeitcct Bvvtrm oi rnlnliiK. tn lonn of tlila ere cun bw tuk h out and reduced iluiiy irom everv sli.Tt opened, at an expense not exceeding fii per tori, leav ing a ni t uniiy prout ot eiltw lor eacn aball worked by liiu t.ouipunv. Tbe liriro VfOTklBg eapltnl reserved vcl'l enable the Comrutiv lit once lo vikcui ai.o erei t tlie beat modd.u niacl.li.riy lor u-unliiuiiit'iiB the ores, by weans or wlilcb jirm wui u'3 mull uicri-iutu, Hiceo nJnts. wbiltit tbey prodace ores richer than tticBu ol oleiad or 9eradn, Lava mnur advantage oer tfcfui. particularly in an abundance i,f lu'l and clieup labor, and Ibe lacility with which, they una lie worsen curing iuc enitieyt-Blt v Ulist ti line ot Colura lo and Nevada can only bo worked during the wurui weather. A lest assuy of an avuape Ispcchnrn of the ero from tho Ciirnco Mtties waa made an laie an the 27th ot January ot tbe preacm year, an w 111 appear lrom tbe tol lt.wlni certllJiKie oi Fio iaor" booth and Uaxrott, tho Aesuyemot tho Philadelphia Mint: Philadelphia, January 27, 186-i DearSIri We hvo carelully assayed tha anmplo of rc irom "Camon Ailuo." orih i arolina, and nuii It to yield ten ouncta nine pennynelibta ol pure pold to tlio ti n of ore. 'J lie com value In therefore 8J1G'U2 per tun ei ore. Yours, respectfully. BOOTH t. GA BRETT. Ir. M. B. Tatlo,Ko.4M Walnut atrcet, 1'hiiHd. Subscription! to the Capital Stock will be received at tbe CUice of tbe tempauy.o. 7 WALMJT htreet, wbere euuiplca el the ore may be soon, uua ma lnionnu tlou itlveu. a 3 LIQUORS. CEmiT OliOVE WiilSM. No. 225 North TtllliD Street. If anythlim was wanted to prove the absolute pnilty of this Whisky, the following certificates should dolt. There Is no alcoholic silinulunt known commanding such recommendation honi such hlth soirees: riiiLADELi niA, Septen.ber9. law. We have carefui:y touted the sainp.e o: ( IlfcSNUT GltOV't. WHISKY which jou send us, aud fiuu that it ccntalns hoMs ov ma roiAUKOia si ustam'K known as Vt ml oil. lui h Is tbe cliaracierlxtio and Injurious lu Sicdiiui of tl.e wblfkii-s Ini-encral use. BOO'iU, UAliRhl T A CAMAC, Ana'ytlcal ihemUts. New Vosk, fiepteinlier 3, 18'8. I hnvo analyzed a sample oi i uknut GitoVK ViflltKY received irom Air. tliarles Wl art m, Jr., of 1 l.liai.c.phior rnd bavlnp carvlully tesicd It, I am pie, sid lo stt.U that It in i-ullie r nil Fuoh l'OisoNOi'S tut luLt'iEi im a biil'.-iuiiei-M. it Is au unusually puro r.uu out-tuvorcd ijuu liy ui whlaky. JAiitH H HtLTOV.M.D., Analytical themi:t Boptok, Vnrch 7 lS-!. 1 have nisdc a ( liemlifcl onfti.mls oi cuminerc'aHam pesul Cl.ll-M I l.l.OVl-. WiU.-K V, vhifli proves til rc tree lirui li e heavy 1 ukil Oils, und per. rely pure and tinr.iiulternied. I he line l avor of ihm whisky is derived utiu ll,e i ii in uhjii In biituuiaclurlur It licspeclilllir. ..-. A. 11 YK.. M. !.. fclute Assnycr, 16 Boyliston etieet. For rnlo by hi.rrel.demlinhn, cr hotllo, at No. C26 North ai.llil) Street r hllado.iihiu., 3 3 J W.. H A M I.I A R, Iniiiorter i.r.d TVl.olcsulo I'cnler In Foreign BRAN ID I E S, WINKS, ' '- ' AND IIlvE OLD WRIESIES, No. 1 SOm C20 MAHKET BailliET yillLADRLI'UIA. NATHANS A SOJjS, JMFOIlTKltS OF OP BKANDIEB.-.WIKJES, GINS, Exc. Eo. 10 H. IRONT STREET, rillLADELPESA. IHiKAl K A. NA1H AlkS, OKtAMJU Xi.KATJIAKS. llra TEAS, Ao. JAPANESE POWC1IONO TEAS, The finest ever Imported. OOI.OXO TEA, Pragon Chop. OLD COVIBNUEST JAVA COFFEE, ETC. for sale by ' ' jam ics n. wunn,' ' 1 18 lm WA1.VV7 AM EIGHTH BTRKET3 rl EA8 KKDCCED TO ?1, AT JNGRAM'S J. 1 ea Warehouse. No. 43 fl. OKt OSD Otrect. EOASTFI) COFFER IEEDUCEU TO fitJMilUM'W lea Warehouse, ilo. 43 8. 30 CT3. bJSOOND btrei t. UFfcT J1ILU COFFER, AT INGRAM'S lvl l ea Warehouse, ho 43 e. siruM) htreet. M'EA I nrli- AND COFFEES AT WITOLESAL es, at im;hai- lea WaiehouM, Ho. 1 a. fcSKf.'uMJ street. . Try them. 2S CTS. A e, Wo. 4a . i . .. .Hi . J pound, at INGliAJI'K Tea Wui SICOM.' Etrect. itrtlicm. I FINANCIAL. yE OFEEll FOR S ALU Central Pacific ITU. 7 per Cent. Bonds, Interest payable in Gold, , Jn the cllu of Nm York; TJ. O'S, 1805, Issued to the Pacific Railroad Co., Interest payable lo currency. The cheapest Oovcrn- ment Eands on tke market, received by United statea Treaaarer at 80 per cent es security for National bank Circulation. Morris and Essex Railroad First Mortgage 7'sf Due- 1914, Htrictly Flnt-clnaa Bond; for tale lower than ether Bonds of the aameeiam. Government seourlttos of all kinds bought and sold. Stocks aadOeld bought and sold en commission la this end ether markets. Interest allowed on deposlte, E. W. CLARK & CO., Hankers, 1188m No. 33 S. Third St.,Phllad. JAY COOKE & CO., No. 114 S. THIRD STREET, B ANKEltB, AND DEALERS IN GOVERNMENT SECURITIES V. S. Cs OF1S81, 6 20s, OLD AM) KEW, 10-408! CEKTIFICATKS OF INDiBTEDNKSS, 7 S0 SOTF.9, 1st, 2d, and 3d berios. COMPOUND INTERES1 NOTES WANTED. IN1EBKST ALLOWED OX DEr03ITS. CollcctieBS made; lock 8 Itougbt and Bold on Commission. ppeclul toBinose acccmmodatlons rcservod for LAU1LS. rmiAFl.pmA, Kehinarr, 1PG8. 273m U. S. S E C U IlITIES A SPECIALTY. SKITH, RAHD01PH & CO., EAKKERS & BROKERS, IC S. THIRD ST. 3 NASSAU ST. rillLADELrBJA. KEW YOKE. STOCKS AND GOLD EO UG LIT AND SOLD ON COMMISSION. IKTKREPT AM OWHD ON DEFOSIT8. 21 5-20S C1TY WARRANTS. J'O G. A. liAIIM & CO. HANKERS, No. C2 SOUTH THIRD STREET rrjT OITT WARTtANlS at lowest market rates, and allOW BACK INTKHBST. Hut and sell UMTtC STATES LOAN'S at beat market prices. tlOMrOTJSI INTK1.EST NOTES wantea at a MtE- I11IU. COLLKCTIONS made on all aocesaihln rvnlnts In n, Union. fiTdC'KS, etc., hontht and sold at the Board of Brokers; 2 2djmibsl uirp AVIES UllOTIIERS. Ro. 225 ECCR STREET. 15ANKERK AND BROKERS, r.CT AND SELL TKITED STATES HONDS. 1881s, 5-2fls, 10 40s. UNITED STATEB 7 3-104. ALL ISSUES. tJKKTIFICATES OF INDEBTEDNESS llercantl'.e Paper aud Loons on Co lnterals negotiated. Ktucks nought nuii Fold tin Comrnlflslon. 1 31 S JjARPER, DURNEY & CoT, BANKERS, STOCK AND i X GRANGE BROKERS, Kb. 55 S. Tlir.H 81UEET, 1'HirAbELPHIA. stocks and Loans Icufht and sold on Commission Uncnncnt Hank Kotcs, Coia, fctc, tounlit and sold. Svccial etti-iitlon i Md to tbo purchase and sale of Cil S'ccks. DcpoFi'a received, and interest allewed es f t-r BHiccmctt. 85 8m T11E FIRST NATIONAL DANK HAS REMOVED l Kl . 'iik the ciecf ti) of tlio new .San!: b.vil Jinar, to H7 4p 7o. OOp CM ISNUT STREET. t QS.-FI E-T WENTIES. ' 730s -S2VEM-THIRTIES, ' W A N T K D. DE HAVEN BROTHER, l-T So. 40 6. TBIKD STJH.ET. SHIRTS, FUf.MSHING GOODS, &o J. SCOTT & ,0 O., flANTJFACTTJRERS, SHIRT A'- C D2ALER3 IN - "M EN'S FURNISHING GOODS, No. 81 Chcsnut Street, roCB uoowr bklow the "CONTINENTAL," 8 20 rp PHILADELPHIA. PATEN T SIIOULDEK-SEAM SHIRT MANUFACTORY AND iGENTLEXKK'S FUKNISUING STOF.E. vnarzcT fitting hhibts and sbawkkb nade from tneasortuient t very short notice. All other article oi UHJi'lhJtUJLSi'lt IKi,Kg GOODS In hull variety, winciiertkr & CO., 8 24S TU6 CHKBMIJT bTKEUT t.EVKNUK KlAiMFS, KKVIJNUK STAMPS, Ot tl fleserlptloiis, 1 ' Ot nil descriptions, ' ... Always on band, ' Alw ays on huud. AT FLOKFXCR BFWINO MCHTK CVS OFKl.'E. AT I LOKJCM'1 KKWI NO ! A 0111 E CO.'S O FIC'Jfi, , - No. 10 CHKSNIJr htreet, 1 . No fcO t'UI SNUT (Street I One door Im ow Seventh street, , , One deor helow Seveuth street. ' - ? he most liberal diicount allowed. - The most liberal dist-ouui allowed. ! ri JI li "pTAMP A (3 ENCY.NO. 304 CIIFSNUTf J HTKKKT. AHOVK T111UU, WILL li It COMT1NOEI A lit II M OKI l HE. KTAJll'S of -VK T Pf SClUPnOXCONSTANTLI C'hflAM.AM . ASK AMOU , , 1UD V