TIIE HEW YOEK TRESS.
EDITORIAL OPINIONS OF TJIK LEADING
JOURNALS UPON CURRENT TOPICS.
COMPILED KVERY DAY OP VKM0 TRLTOnAPH
Our Katlonal Finance The Forllicom
lug Itriort of the Secretary of the
from the Herald. ,
Wc nave been informed tlirouali our Washing -ton
corrffiponil'nco that Sir. McCulloch U so
intently engaged In preparing his annual report
to CongreeB, thul lie hatt transferred Ms oilier
duties to.bK alstunt, Mr. CWidler, who will
be Aeting Secretary ol the Treasury for the time
being. We are glad to sec Mr. McCalloch engaged
so earnestly for there never was In the history
of ibisVourttry, ond perhaps of any other, xueii
important labor for aniau in his position to pur
form; that la, if ho comprehends the duties ot
lila situation, -He has made mistakes heretofore
through not having a comprehensive, states
manlike view of national finance, and throuirli
conducting the bneiucps of his deoartment r it
ho wereMiiipIv managing u bank lor the bi-ncflt
of a small corporation.
Up began by proclaiming the theory of the
old liiitit.h builioutatx t:,e speedy roiumption
of specie pjtyment. without anv regard to trie
disastrous .experience of England joinder the
application ol that theory, or to ourown pecu
liar cirrumMances. Whether influenced or not
by the bondholder?, whoe power lies mainly in
the national bunks, wc cannot nay: but it is cer
tain his financial policy was in iuvorof thatclasa,
while his tendenev was to rum everybody el.-e.
Fortunately, however, he learned ut'ierwards
that the views he cnunelatcl in public: were
not practicable, and in time he ceased to urge
them.
Another mistake he made wa in allowing
ffiinselt to be con.rolled or humbneged by tbo
hold speculators, when he foolishly attempted
to reduce the premium on irnld by soiling a
large amount nut of the Treasury. This, ns
every one knows, caused lor a time emit
tluctualions in the market, stimulated gold and
stock gambling, and .eriou?ly dlhurranued the
buMnies ot the country, and then, at hist, the
premium rose again to the old rate, alter the
bullion traders ol Europe had drawn a ay the
amount he threw upon the market. We "have
reason to hope, however, that he lenrued wis
dom by thi experience, lor lie has not repeated
the foolish act since.
But we have something against Mr. McOul
locU for his sins of Omission as well as blame
for those he has committed. As the finance
minister of the republic it was hia duty to in
augurate measures to raise the credit" oc the
tioveriiinent, to give us a uuilorm and teady
currency, to break up the inlamous and dan
gerous national bank monopoly establiMied by
Mr. Chase, and to provide tor a' permanent sink
ing fund to liquidate, the national (loot in a
progressive and sate manner. These ttiuiss be
has not done. Still, he may bo educating him
self up to these great statesmanlike measures.
It is not too late to commence upon them, and
we hope hi9 next report win give in a hiiliT
opinion ol his ability than his previous otliciul
acts have riven.
First, the Secretary ousrht to ui-.sipa.e all
falte views and unreasonable expectations about
immediate resumption of specie payments. The
"On to ltichiuond," cry of our contemporaries
and the politicians in Wahmjrton la the early
part of the war, was not a bit more ndiciilois
and impracticable than the cry of on to speedy
resumption made now by the same class of
visionary theorists. The attempt to carry out
their theories about specie pavments woaiu be
as disastrous as were those with regard to the
war. The unparalleled resources ot the country,
their great and constant Increase, and the won
derful progress of business from year to year,
will soon absorb more than the present volume
of currency. We shall grow up, us we have
said repeatedly, to fpecie pa5nients within as
short a time as it will be sale or healthful to
come to that. The great thins lor the Secre'a'-y
to attend to, as far as the functions or his ottioe
go. is to keen the currency the circulatinc
medium as steady us possible, and to avoid
violent fluctuations, so as not to disturb existing
values or the business ot tho country. Specie
is an articlo of commerce, tic same as grain,
coin, or cotton: the currency is not, and it is of
little consequence whether cold be worth fifty
per cent, premium or at par with paper, so loni
as all business, all values, and all contracts be
based on a steady and safe paper currency.
The currency shonld be uniform and basod
directly upon the credit of tho Government,
not ii directly, as is that of tho national bunk.
We should have nothing but leual-tenders, all ot
one character thouch of different denomina
tions. Banks, under proper regulations, mis ht
use these for their circulation. The pcoole
would have perfect confidence in them. There
would be no powerful banking monopoly like
that of the national banks. The tioveriiment
would save twenty millions a year ornioroby
issuing legal tenders in place of the national
hank currency; lor it would buy up the interct
Jhearing bonds now deposited' by the banks as
security for Iheir issue, and the country would
have a better and more reliable currency.
The Secretary should recommend Congress by
all means to take measures to legislate the na
tional banks out of existence. Independent of
these banks having tho protits of a circulation
which the tioverninent oucht to take lor the
benefit of the people, thev are laii!?ermi t Him
industry and political institutions of tho repub
lic. Iu time they would absorb and control
all the protits of labor and trade, and be the
most dangerous political machine ever con
ceived. He should also lay down a plan for consoli
dating the debt in one form, beiiriusr a uniiorm
interest. This iuterent ough t not to be higher thnu
four or five per cent. Four would bo better than
live. The various forms of the debt, much of
which has but a short time to rim, could be
bought up by long-time bonds at this rate with
out a great advance In the market price.
Besides, it is no more than iust to the people
the taxpayers that the interest should be re
duced. There is no good reason why they should
pay to the bondholders double the amount, or
more than those bondholders paid lor the debt.
This would have the etlcct of keening our bonds
at home, and preventing a drain of gold to pay
the interest ubroad.
Then we should establish a permanent und
inviolable sinking fund to liquidate the wliolo
debt within a reasonable and given time. This
would inspire confidence, prevent a moneved
oligarchy from controlling tho destinies of the
republic, and set our bauds freo, with the high
est credit and most abundant moans, to defy
the whole world, if our honor and interests
should call upon ns to do so.
In the meantime our superabundant revenue
can bo reduced. Nearly halt the present taxes
may be taken oil'. The duties which are iuw
bearing so heavily upon the agriculturists and
the general industry of the couutry, and enrich
lug enormously a tew manufacturers, ought to
be reduced at once. A rigid economy iu every
department of the (loverument bhould be en
forced: for thW will lessen our taxes; and
uothing tends more to preserve the virtue of a
nation. i
Tnese are tho Important questions, over
shadowing all others, which Mr. MeC.nlhch, if
he has any claim to statesmanship, will iTike up
and elucidate in his annual report to Congress.
We hope he may have the capacity, and will
use it. not for the benefit of a class or section,
nor with a narrow view to the present time
only, but looking to the futuro welfare of the
wooie couutry.
The Nation Debt I.I itldatlou of Two
Hundred ud Mix Mllliou la Fifteen
JUOB1UI.
Fiom the Timet.
From the TreaMurv Deuurtmeut at Wat-uincr'
toa we have now the ofhclal exhibit of the
public indebtedness, as it wai recognized on tho
first of the current tuoutu of November, It i-
jrng JY
unquestionably the most encouraging stiferacnt
yet given to tho public by Secretary McCulloch,
and cannot fail to strengthen popular conQJence
In the present able and eminently conservative
administration of the national finances.
From this statement it appear that about one
hundted million dollars of Treasury obligations
have been discharged in the third of the current
fiscal year which euded with the 3Ut ult., or at
an average rato of twenty-flve millions a month;
that nearly one hundred and ni ncty millions of
tho public indebtedness have been cancelled
within a year, or at the averaae monthly rate of
little short of sixteen million dollars; and that
tho nafional financial burden Is nowaltnost two
hundred and six million dollars be.Iow the max!,
mum figures. The net Indebtedness of tho Gov
ernment wa, on the 31?t of July, 18i;:.
$2,757,2.r.;i,270; on the 31st of the following
October. S2,740,RU,75? on thp 3lst of July,
ISM. $2,C:t3.tjyj,272; and on the 31st ult., $2,551,
310,0(15. Thus it appears that the debt is now
precisely $20j,013,2Tl les tnan it was fifteen
nionths'aeo.
The iiitersst-bearintr debt is now nearly one
hundred Hiid riehty-two millions less than it
whs ii year and t-qiarter baek, b ung at present
2.21.;i,2H3, acnlnit ?2.ra7,Hl!i,lN7 July ;;i
l6!i. In tne course ot titteer. mouths rim cur
rency lnteresi-beariug portion of the debt has
been reduced f Kiii.'.'it.lU.'), chieily lu thn line of
short date and i-m hurras iue obliia'ioui- to
which the Secretary commendably gives mot
attention, while the coin-bearing debt has been
nemiMHl $224,9,i.2(M. mainlv bv tho h.iio r
Uie popular and contiollable Five-twenty bonds.
" unereMi-'-o.m to tn (iovemiuent-
has teen least di-tmbed. :md vir uKoi.,.
in our judgment. It stool on the 3lst of July.
at !M7ii.l7:i,721; it is now f Iti5.iiti!i,iis4.
The toolings of the last three ilebr stutenioni
compare thus:
(Sort, i.
Oct. i.
Nov. i."
Inforest In coin
I,'M21MI M.IO,t8r.lM2 -.HBti
MU Ifl ,.!. ftl.i n;n ni ..... I
lilt In I'lirrnnfv
in I y-m ir.nr i:u nrv; 411 4.f
19.6W.444 i .m.r,i :Hi, IKI1 !
; 441,fti7,alOj W.i:g,m 4js,iiNd,7ij
to Intercut
r.rnnd tntnl
l.rr cli in
; $2,728,314 ma
I 132 0.11,667
8a.701,850,7llM,6?l mo Wi
12S,2I8.7G7 13t1.320.Ml
Xreiwury
111 the interpst-hpiirlnr l;nr. tim v,vn.tn,.u..
now form S2:i,!Ml,0u0. luelu.ling 5U,7H0 SOU of
the original or 1802 .-ue, lou.mm.uiio of flip
is-ueol lNCt, SlS:i,381,7.'i0 of the Ort 1805 is ie
I M iiv K". I i i M.i ,. . - "
OCOIld fP rnri-nliiljw,i iUc..i.,i i
January), fhe eiv nor cent, ot lKfli no
an. OUllt to '2.'t 7.t!l T.MI urruinJ ti'lj-l TiU
' - - t ........... v- ,,,, , ,f,T( , tJl n
TnOnftl nnn. Thnon i-.U Mm OIITI t,', urn
lcn-torties, constitute the bulk of the ooin
beanng portion ot the debt. The thre series
ol the even-thirty currency loan have been
lein.ceii, Dy con vei ions, to S724,ol4,3i)0 from
i 13,!)!iti,0.ril) mouth ago, or l!.!i8l.7;'ii, making
a total rcituetioniii the Seven-thirty line (mainly
ot the first, or Auirut is-ue. maturing in nine
month?) Nearly one bundled an I siv. millions
I rum the aggregate ismic ot eight hundred aud
thirty millions tlirougti the tioverntnem loan
agency.
Seven millions of com pound-interest notes,
speedily muturing, have been redeemed, within
the month, by conversions into Five-twenties
of tho consolidated form, leuviuir tho outstand
ing issue $148,512,110, against $155,512,1-1,1 ou
tue IfOth ot September. The Six per cent, cur
rency bonds, issued lo aid of tho various Pacific
fiuiiioud enterprises, have grown to $11,882.0011,
liom $8,J22,t)mi a mouth ago. On tho lt of Oc
tober, there remained in the Treasury $22,500.00(1
of interest-bearing deposits beloneiiig to private
depositors. This amount has all been paid oil'.
Then tbe non-interest-benring deposit ou novate
account were $23,302,372; tiiey have been since
augmented to $:w,'8,!iO!t, sbowiug that "some
body" prclers our venerable Uncle as a trust o
dian ol money which is making uo idoodj-; for
1 he owners.
Legal-tender notes to the amount of ft,!)rt:,517
have been withdrawn from circulation aud
cancelled during the month, leaving the out
standing volume of lawful money ?3:io,l!i5,7s.'i,
against $3'i!,l(i5,202 a montti ago. Tins is' a
very significant and opportune movement in
the directiou ol paper money contraction, and
oou-equeutly of the restoration ot t lie circulat
ing medium of the contry to a specie basis,
which is the fixed aim ot the Secretary in nil
his negotiations, as ckurly set forth in his la-t
annual report, and since as steadily adhered
tons was compatible with the circumstances
and interests of the Treasury and the legal
authority and privileges of the'ehief Ocal agent
of the (Jovernment.
.Now that the short-date interest-bearing
national obligations are being vigorously cut
down, and that the leveuues trom customs and
excises keep up so encouragingly, steady, pru
dent headway is being and will continue to he
made in diminishing the currency intlation, in
lt.-sentng the lacilitics for purely speculative
operations in gold, stocks, produce, and mer
chandise, and improving the public credit, as
represented by the lawful circulating medium.
An the latter approximates the specie standard,
iiovernment, ax well as private incomes, will
increase in purchasing power, which will vastly
augment the aggregate ot annual savings, indi
vidual and national, and devolop immeasurably
the capacity to meet and provide lor all ur ob
ligations. Commercial values, bas-nl on depreciate!
paper currency, must adjust themselves to the
inevitable hard-money' standard, and thus
facilitate, tho onward inaich lo the resumption
of specie pavments. The more gradual this
change is made, the more assured wtl I b the
progress irom inliatlon to complete solvency,
und the more thoroughly beueticial will be the
results. Si eretni-u Mi-Cnllm h ulnln ,.o,.,w,a. ,.
desiring, and as earnestly striving, lor the resto-
..!, . r.f ......... A ... , I .. -...1 .
xumuii jl uiu bjiiti-h; Slilliuttro, is SR1U10US tO
avoid any line oi conduct which would be likely
to bring about a sodoku monetary crisis, which
U'Oldll Ii:itl1v7e Milt lTlililfii! rn firtrl i.t iiwi-.a 4
., T J ....... ... j...... . VIIIIIIV1. c ui
the country, sweep away all sources of tevenue,
torce the Jjepaitnieiit back again into the
market as a borrower, and thus destroy not only
the good woik already accomplished, but the'
brightening profptds' belore us, oo-tponing
indefinitely the attainment of he end which
everybody fervently prays lor as rtoe essential
complement oi tne truinipn oi tne nation over
iti enemies, foreign and dome-tic
The aggregate legal-tender circulation is now
53s,7(iJ.r25, against $ii5 1,1177.432 on the 1st ult.,
oii.nniK uL-nrass ii i,i,-,iiin.hui, iiiciuamu tne
converted eoiunouml
grcenoack mrculithm ou June 1 was sioa.-
12H..118: August 1. t(iu,:;iil,:28; Sepiember i,
$3!i!i,(iti:-t,..:i2;Ocjtol)er . :;.:i, i utJ : and Novem-
ui 1 I, 4.liu, j:rtl, l..l.
Tlie niariirpd debt on wliipli i,,t.,,...,t i,o
ceased, but which has not been presented lor
nuvrni'lll. liils ornu ii irrun ' Xi.
, ......... iii,.iid u MlOntU
back to 3r.!ia8,!iiiii. Tins amount a... in
itio cull of the mihlie i n ilil nr ... .1 , .
, .1( ,tvi uv,
st em to bein a hurry to demand it.
The cah reserve in Treasury, according
to each of the last ty,o monthly exhibits, com-
I'Mrefc iiiu?;
CASH IS THK TIIEAsnRV.
ot. 1. IS'16. Xov. 1, 18u0.
0" ,25t '.Ml !i:..4l3,018
tiincncy 41,tti!JK58 iilliUS 042
(irtnd total 128,218 77
lytl.3iS,!oO
This shows an' inoreiisr. nl i i 1-. inn 1.. n..
coin, and a decrease ol $11,030, )la u the cur.
rency reserve, within a month. . Of the coiu
balunce on the 1st instant, the sum of $88 51ti
038 was absolutely the property of the Treasury
as against 75.2U2.2(i9 on the 1st of October'
bhowing a gam during the month of $n 313 7uV
and since September 1. of $27,57.340; while the
nntu ot only $10,800,080 belonged to depositors
holding cold certificates, as against $U,u.7 bto
fctamtlug to the credit of the same parties on
the 1st ult., and $1.V 480,220 on the 1st of Sep
tember. At the ruling price of gold, the Trea-
JiSSSIHf0"1 re8erv0 equivalent to about
uo,Bjii,00fl i iu currency, or enough, if so used,
to brimr the aggregate public indebtedness
under $2 610,000.000, or two hundred nd lorty
seven mlllioiw below the umotiut of the debt
fittefu moutht ago.
SATURDAY, NOVEMBER 10, 18GG.
e.JeflcrBon Darbv.
From the 7V6aa.
Eighteen months have nearly clupsiMl ninre
Jefferson Davis was made a stale prisoner. He
bad previously been publicly charged by the
President of the United States with conspiring
to assassinato President Lincoln, and $100,000
offered for his capturo thereupon. The capture
was promptly made and tho money duly paid;
yet, up to this hour there has not been even an
attempt made by the (loverument to proenre
his Indictment on that charge. lie has also
been popularly, If not officially, accused of
complicity in the virtual murder of Union
soldiers, while prisoners of war, by subject
ing thcni ' lo needless, tuhumnn exposure
privation, and abuse; but no otliciul attempt
has been made to iudict him on that charge.
Lie has been indicted lor sininle trmsnn a
even this indictment bus not been obtained at
the Instance of the (Jovernment. It may be so
badly drawn that no conviction could bo hud
on it, whatever the proof advanced: jot tile
Executive could say. "Htm not re ponsible for
this. The indictment was obtained without the
Bfscnt or privity of my Attorney-tieneral or
Cabinet."
itepeated attempts have been made by the
prisoner's, counsel to bring his case to tri ll: but
to no purpose. The (iovernmcnt doe? not ap
pear to prosecute; the mar hiuery of the Courts
is alwus out ot order. At one time, martial
law stands iu the way; when that obstacle is
removed, there is a cavil as to the Bullicieney or
completeness of' it withdrawal: and, when that
w ill lo lonpir serve, it is lound that Congrps
has somehow disarranged the judiciul districts
and that the n.e Cttnnot saiely be proceeded
with. And Congnvs itself, having most incon
siderately meddled with the matter, never took
pains to inqmte what action on Us part, if auy,
was requisite: so that now Congress, President,
and Chief Justice are iu u complete mudule on
the subject, each eeum sr inclined to throw all
responsibility lor the delay on one . both of
the others.
The upshot of all rbis is, that the prisoner Is
not trud, nor likely to be; aud that, if tried, he
is morally certain not to bit couvieted; if con
victed, not to be punished. There an; still many
persons who would like to have him executed:
but there is not one intelligent man on earth
who has the laintcsl notion that he ever will he.
For. though governments sometimes indict
capital punishment on conspicuous if bids, iliey
never, at least m modern limes, do so long alter
their rcbelliou wu.s suppressed. Austria, iu
1n4! put to death thirteen of the lljiciarian
leader heiraved into her hands bv the mise;eant
Horsey; but she tried them by drumhead court
inartful directly utter their surrender, and had
them all hanged and buried within tui ty-eight
hours. Had she waited eighteen montiis, and
thin i'eoutPd them, she would have invoked tie
exr cratrops of nil Chr stendotn.
Since it is notorious that iavis h not to be
punished, why is he still kept awMiing a tint!
which he alone seems ro desire, and which he
can by no mrans obtain '! What pood cud is
subserved by pi'isislitig iu a menace winch still
serves to irritate, thoug'i it no Ion er appal ?
. Conpress. at its last tcssion. e .ideuUy tell that
it had the President. ;,t disadva ita;e with regard
to this prisoner that he was nu ch pliunt which
Mr. Johnson had too eager lv acquired, and was
now unable ei'iier to keep or dispo.-e of save to
bis own lo.'S. In the stale of leelinr' then nrpvu.
lent, this aspeci of the ea? was re girded by
many with evident complacency. Had th" Pre
sident been a man of high courage, wo think he
would have bailed t 1m; pri-oucr and called on
Congre-a to demaud, if liiat were deemed advi
sable, that he should be surrendered and tried
and to prescribe tho legal conditions of audi
trial, since the laws as they stand seem Inade
quate or defective.
But he should tir-t. at all events, have p:iilicly
retracted the charge ol complicity Uh tho u
sassiiiB of President Lincoln, wince ho ha vir
tually abundoued it by not attempting to found
an indictment then on. Iris noitiior jutnor
Wise to send forth a prisoner,' of slate with the
brand of murder on bis brow; aud a naked
failure lo pro-ccnle is but equivalent Jio the
Scotch verdict, "Not proven." If Air. Iavis is
probably guilty of complicity with Booth, ho
should lone since have been in dieted and tried
lor that crime; if he is not, he fc'jould have ere
this been explicitly freed from the reproach,
even though he were to be executed for treason
on the moirow. A great (Iovernmcnt may deal
steruly with ollcnders, but not meanly; it cannot
nf'on! to seem unwilling to repair uu obvious
wrong.
A recent impertinence of Wendell Phillips
seems tu require the statement (hat we have no
knowledge of Mr. Davis' views ou any of the
grave questions now commanding pubiic atten
tion. Having found no time rcei-utly for the
enjoyment or imaginative literature, we have
not even read his 'r'lisou Lite" by lr. Craven,
and we never held any sort of communication
with bim. But we are exceedingly solicitous,
first, that li e Cnion shall uot be discredited in
C'eeyesot the civilized world by the treatment
accoided by its Covernment to a prisoner ot
satc; secondly, that tbe South shall be impelled
to treut it" black people with that wise and
tearless generosity which is but another name
tor justice. If we could to-morrow have impar
tial suilnige inioo ett and submitted to, we
should very sreutly prefer that It be decreed by
the South. a essential to her own internal
Harmony, pro-perity, and rapid development.
And we feel confident that inajiUauiiuilv
towards Pavis on the part of tho.se who hold
impartial suffrage to be an csseutisl clement of
national reconstruction, will powerfully con
tribute to that jiister appreciation of tin-' North
at the South which is th- first step to .Minis a
beneficent and perfect reconciliation.
The Ntxt t'oiigret..
J'rom flu; frtrld.
Although the returns of the bib- el,-! ions
conic in quite slowly, the political cuiupicxiou
of the next Congress can be a-crmmed almost
with certainty. The popular interest having
centred in the ehoU'e ot Repfc.seui..l!yes we
refer first to the House, the political stains of
which is given in the followii.g t ibl :
1 in. Hep. Jti
It;,.
0
8
10
10
1
Delaware 1
Mi'hotm
til moil. a
Jndiauu H
iowa
Kansas
.Iuiue
.Maryland 4
Jlas achnsetts. .
M cinguii
11 .nu esuta
1 r Ai'w .lei-cy 'j
8 N'tw York 12
tf'Oh'o a
1 'orriion
n( i eiuisy n uiiia, , , , (j
18
y
8
1 1 Vermont.
lOIWou Virginia.
5 Wiseoiiiiii
1
B EC a enri.ATios.
Democrats
heputiucaiit! ...i;MJ
The Stabs yet to elect Kcpre-cntutivc, in the
Foirp-lh Couj.es-, and rhu number m' Members
to which they are entitled, are as follows:
California 3 KUo le island
( oiiiieunvut 4
Keiituokv.
. ... it Total
.... 3
..21
Now llsuipslnre. . ,
Kstimatiutr the
State that of
esult ol the elections in these
l ho last ( 'ourt'ssiotini i.i...
tion, eiceriting that
iu Kentucky, whii'h re-
cenily idiosp a Democrat to till tho vaeim(.y j
ine ni.wu losiiiui oi'i.o-Kiic ii iiv me icsi 'iiuiion
ol Hon. (Jrten Clay Smirn (KeputiMcan) the
grand result will be as follows:
Democrat a-
He p u bl i eau '.'!.'.".' J y 7
This, of course, will give the liepublicans a
niajoiily iu the House aud plenty iu Hinirc so
they will have everything their own way jM ti,e
Fortieth, as they now have in rhe Thirty-uiutli
Congress.
In the Cuiled Blares ouate there ure eleven
Senators to be chosen this winter by the L"-
uiuith ui iut loiiuwiic-; ciiiii-e, iu wit:
Illinois.. .
ludiana. .
Kama. .
Maryiaud
.vice
l.ymsn l tiiinlmli, J(
Henry Jnn, K.
.vioe
( haiuael t, Poiuerov, 12.
..vice joiiu a. j. irusweil )
..vice 1 (irutz Browu, .
. .vioe William WfiRi.t, i
,..ice Ira Harria, K,
..vice John tsliernun, It.
MJasouri ,
New J piste) . .
Aenr York....
Ohio
HccuTi-lvaiiiu
Tine wii!r ioRn, K. '
Wisoouaiu vie
liuioihy ti. Howe, u.
'UeeMa.
It is probable that, etoept In the case of
Senator Crcswell of Maryland, every Republi
can isenator In the above list will either be ro
cketed or replaced bv a radical; and, on the
other side, the seats of F.dgar Cowan, of Penn
sylvania, and the bile William Wright, of New
Jersey, will be filled by radicals. Maryland, ot
course, will elect a conservative in place of
John A. J. Creswell, providing that the radicals
In the State do not succeed by some hocus
pocus ar rangement in ousting the conservative
members of the legislature who were chosen
ou Tuesday, (should this forecast prove correct,
the political cmplesion of the Senate will be as
follows:.! ,
Drmocrats 9 republicans 41
The gist, then, of the whole story is that for
the next three years ttie radicals wdl have com
plete control of the legislation in the House of
ll'-Vresentuttvcs, and of that in the Senate tor
a lonppr period. With them, therefore, tho re
sponsibility ol the uots ol ( onereM must rest,
and tho country will hold them accountable
boih for the wrong, that they may do and the
l ight that they may leave undone. Wo can
only hope that, Impresied with the grave re
sponsibility now devolved upon them, they will
rtanilcst more regard for the real iuteteats of
the country, irrespective of their party, than
they have done in rhe mist. But we fear that
this hope will prove vain.
GOVERNMENT SALES.
I AfiCE SAI.K. CF CLOIIHNU, CAMP AND
ClIlKf QrAKTERMASTKB'S (IKFIOK, )
DieeoT op Washimiton (
,, , , n asiiikotoh, t- O., November 5. 1868. 1
" ill bv ro;d, l.y oirrction of the Quartermaster
V 'J!! ' al,J)l1 IO'N,, V, November PJ, oommencin
at tu A. jh., nnder the uprvison of Capuln D ti
LHnla.?' .M,.'-,K at AnnorT-!?qnato Depot.'
6ev. nth ft, 0P , mw Pennsylvania avenue, the lol-
AUMtl:., CC0 Axes; 13,Dt0 Picks; 14,000 HatchoU,
A will nC? f euHantl'f''' J 000 Pick Handles, and
U.ilOO liati -hot Hand e. '
l.L,";A.,,!i",, iSKW ftnd ls original
MtlUOLs, and were manuUetured by uum
Sianii actnnngco ; Collins & Co.; Wiiiiam Mann.
J r. ; Liatty & Co., and others.
A AL-O, ABOlir
.500 (.rrnt-coats Lrown, black, and proy.
0 Infantry Overroars black.
iWi Cavalry Jaeket.s.
P.1'0 pairs i roHseis black. All now vooda.
loiiettier with a lot ol Condemned Clothing, eto .
consisting ot
lireaicoais, Knapackg and Haver-
Inlaotry (Jvetcnats, , aiick.s,
hack ( oats, Spades,
Jackets, Suove.s,
Hats, Axes,
'ai, Cainp Kettles,
Wool'en ami Kubbt-r, .Uesa Paua,
Market, i,aro lot of Touts and
,,, ? I?c,", . i 1Vnt Vole ;d "OP".
Aletallic .Scales, lUps, etc.
Coeds mint b removed within live daya from dnv
ot sale
ioi ni.s Cash, in Uoverumcut funds.
I!) command ot
CeneralD. 11. UUCKKK.
As-istant iiiarfermaaitr-(.cnernl
,, . ,.. . HAKi.Es H. 1'OVIPKIN.S,
it lit l.vt. JSrig.-Utn., Qua- tormaater.
,i'C'CP,1,KS1Nfc,) OHDNANCE AND
O OI.DA AMJK HIOKKa.
,.WV,!..t,?.,i0l1 Public Auo'ion, at FORTKES3
Mtt.M.filv, U.dPo,ut i omlort, VirFinia,
(in IbUitsDAY,
-2d day or Aovember, 1800, at 10 o'clock A. HI . a
lai uiitiiiautily 01 fslotta conaiating in part, or tho
lol'owing aibciea, vi..
Field and feiefje Cannon, cast iron, ot varloas
caliiio-.
61,070 Shot, tihells and Spherical Cae for bmoo'.h
Itore BLd Killed dims.
70 Jtcrnir Carbines, new and repaired.
800 JLnlield Jtitted ilusketu, Cat. D77.
2 Henry's and jspeucer's Kppeitiug-K.fles.
fitM Kurein KiUi-s; "Austrian," Cal. 6.
i:0 tiiuootli bote Mnskets, Mod. 1812, Cal CO.
."w lo 1- do alterea to percussion
tin. 60.
lo do. do. do. Flint Loci, Cal. 69.
Ln! Jvol'crs' " Whitney's fciKeniiUKtou's .Navy,
iW.t Cavalry and Artillery sabres.
-II hwords, lluticiuns and non-CotDmisjonud
Ollicers.
Fourtern days will bo allowed for tho removal of
stores,
irrmsut salt Cai-h.
J . C. HAY1KJR,
-npt. ol (ird. andllvt. Cd 11. is. A..
J 1 1 IRt Commanding.
IMPORTANT TO SIIIPn-lRS.
GREAT SOUTHERN FAST FREIGHT LINE.
ONLY A LI-HAIL ROLTK BETWUKN
rmi.ADicr.piiiA and thf. south.
I ho Orange and Alexandria Hal'road, having com
lileted Through Freifht ArraiiKfcineuts with the rblla
dcliilila, Wllminiton and Baltimore and Blt'moro and
Ohio Hitilruada und lw coiinecuons lu YliKfnia, Tonoesnee,
(Jcorxla, Alabama, and AILs-slsHlppI, ls now prepared to
tranpsort freight with resalarltr and despatch to at
accessible points In the Houthwest and South.
Astlilsis the only Alt-rail Boute between Phlladel
plitaandtlie Siiiuib, It (nimendu lUclf at once to the
lavoruhle lonslilcratloa 01" Shippers. Car will be run
th-ough 110m Philadelphia to LyncbbniK, Virglola,
wi'lmut brcakinu bulk, and the entire arrangements are
nidi as will secure specilv truonit and prompt deliver;
tu aU .southern and Southwestern points.
To secure all-rail transportation, Uooda must be
marked "Via O. und A. R. B.," and sent to the Depot o
tiit Fbllnitelplila, W iiiiiiimton, and Baltimore HallroaJ
ISttOAD and 1'KI UK Street.
fir UiitiM of f'rcujht or oilier information, applj to
JAMR.S C. WILSON,
Agcut 0. and A. It It.,
No. m South KlFl'H Street,
Two JldOK brlow ( li( nut
Id M lui
7 e w 11 o r t 1:
TO THE SOUTH AND SOUTHWEST,
Via (lie Delaware Kallroad Line.
On and prter MONDAY, November 5,1 rains will leave
I'ciiol, at JthOAD Mrectand WASUIN'O ( OX Avenue,
at llsf) r. M . (Hatuidays excepted), arriving at CBI3
1'IKLD. Man laud, on tbe Chesapeake Kay. at 7 00 A.
JU., thence by the iiew and elcpaut steamer "CITY OK
NOBKOLK." iirrlviDsat NOHFOI.K Slid P. M., con
Di'CllUKWith SEABOARD AND ROANOKE RAILROAD,
l ot all points South ami Southwest
Iterant State room Sleepln Cars trom Thlladelpbl
to Crvrlcld.
For lurlh. r Information apply at TICKKT OfFICK
No. 828 CHESNUT Street,
OK AT THK DEPOT,
EP.0AD Street and WASHINGTON Avnue.
II. V. KENNEY,
11 2 lilt Hiipertntenilent P. W. and B. B. B.
A" LL 7'KKsiONd WHO HO NOT KNJOY
the blesa'tiK of enod health, can obtain relief by
consulting Jr. Kl Herman pnvaiclan. Jr
Klukeiin treat ail d'ncance. prepmea and xlmmlBtera
his own medicines. They are pure, sale, aud reliable.
He Invite all persons sufleilnR nom diseaae to call on
him. Consultation tree during tho day. and oltloe
open till 0 o'clock tn ibe evenine-. N W. corner oi
TlilKD and VKION Btreeta, between Spruce and Pin
ucets. 8U8aa
A
LKXANDER Q. OATTKLL & CO.
i'OlivC COMMISSION UIBCBAJITS,
Ho. K KOBTU WBABVd,
4KB
NO XI NOKTH WATB8 STREET,
PtUKAPtU'fcllA.
Ll ILVK iTTU- VLIJAf (1. fill LI..
PAPER HANGINGS.
PAPER HANGINGS.
HOWELL & B01IURE,
O O Ti, IV It
or
FOUftTH AND MARKET STS
PIIIJLADCf.rillA'
P
M A N IT F A CI T U K E K
E '
R
or
H
Paper Hangings
G
AN1
g Window Shades,
Have now in Store for
- FALL TllADE,
p. I A Fine Stock or Goods, tho newest and
ibet Htyk'l
ELEGANT VELVET DECORATIONS
Of all gradei.
PAEL0R PAPERS OF THE RICHEST
W
DESIGNS
ff1 40-INCH PLAIN PAPESS,
Ot every shade, with rich GOLD MOULD
A Hf INGS' 9X1 'rtatha, to wbioh we invite the
y attention or the Trade,
g WINDOW SHADES
OF FINE SCOTCH HOLLANDS,
n
a All widths, White, Buff, rjreen, Jilue, aud
DTearl Color.
KLEGAKT ilGURKD SHADKSol the
j?. most elaborate designs.
s
PICTURE CORDS, TASSELS, AND SHADE
TRIMMINGS.
To the WHOLESALE TRADE we offer
as Extensive Stock of GREEN AND
BROWN GUM CLOTHS, (TABLE OIL
CLOTHS, at the Lowest Net Cash Price,
and work dona by competent hand.
HOWELL & JSOl'RKE
ill
CORNER rOURTH UTD JLSX&Xl TS.
1
FIRE AND DURGLARrnOOF SAFES
r II I U M V II S OF
xi a. x v j. 11 o y r is,-
,r Kr,"BS,'N't3-.8'-Pt'tnbnr2, m.
Wm. II. Omvkii. 1v-i , Am nt lor ul.ii vin & ( o
Hkab Mhi At it ti lute teriiH yirt ou ifjjdjo
street, tvliii-b distiovcd ctir Tui.lt vp li0uf wo nul
co ol your sa es. Oreotlliem tai MnoVed und
were nifTiuu tho oih Tf whsn we Wor(, direotjd
to leave llm ell.co im rh niljoinmv oulldinir a
alout bol.c blouu up. 1 lie eimro row 01 buildinra
vrss coiimnied, lut 011 openuiY the rt;uo vo bad llxi
se lftact.i 11 ol tii.duiv evciviliitu' insiiln pertrct
W can cheiTlnlly lecominrnd ihctn as bein? per
tcctiv bicprool. as wo liavpcxainiDeii two (.then of
jour tiieko whicii were In tue same lire, both ot
Viinch tnstrved the booksnnd pupcis that wentn
ibeiu, Vour Hs-pcclluUv,
DISOSWAY, UlTiON' tc Co..
ttiiukers.
Nrwbmix, N. C , September at, iftBij.
n V 1 Vlt':' 1Q A"P''t tor Jlarvin & Co.
ii -,,.,.R: 1 '" d at n'T 'oro ollB your ro.
V il"'.' 8,,"nle" on Jlid.tlo street, was con
sumed In the late tembie conflrationT
A more Intense lire con'rt Perce y be conceived of
Your, truly, JOHN tlLOKTll ft Co
w M. 11. UUVEH Im q, Agent or Marvin & l u
1.KAB rs,K:-One o. your sates s ood inoet "evew
trial in my store at the lute uro ou Middle
1y store wass.tuMediu a row 01 larae rdi.
bniloin.theLiiminK of which made , M ,n
lente lieat. The trml was Eevoie, but the TsuTe cmt
cut vioronoiiH.
On openin It. evf rv book and pnper waa found
m a pr-i toct state of preservation.
Very rospictlully, I.. BAKU.
MARVIN & CO.,
721 CHESTNUTSt. (Masonic Hall)
AND No. iGS BKOADWAY, New York.
TJIE BEST INSURANCE
DHY SATES,
FIRE-PEOOF SAFES.
ISl Alt VIN'S PATENT
ALUM AND DRY PLASTER.
T wentj -flve years experience. Call and examine.
MLitviisr & coM
721 CHESTNUT St.(Masonic Hal!)
AhD No 2G5 BKOADWAT, Heir York.
House 8a es, for rlatc and Jowelry.
ltanKers' Sicel (.'hems,
heoond-haud ha us 01 all makers.
EVANS & WATSON,
MASI FACTUMSII8 Or'
FIEE AKD BUEGLAE-PE00F
SAFES
DKSIONED FOK
Bn.uk, Hcrraatnt,or DwelMng-Hom fj
Established Ovor 25 Year.
Over 24,000 Safes iu Vao.
The only Safes with lna.de Doure.
Never Lose their Fire-Proof Quality.
Guaranteed free from Dampness.
Sold at Prices Lower than othar makora.
WAREROOMfi 1
No. 811 CHESNUT Stroot,
PUILAMCLVIUA. C9l
j X PER 1 EN CI PROVES T
r.TARVIfi'S SAFES
AUK TDK UK ST.
ALWAYS FIRE-PROOF.
ALWAYS DRY.
Twenty-Five Years la Uuslneas.
MANY THOUSANDS OF OUR SAFES IN USE
MARVIN & CO.,
No. 721 CHESTNUT St (Masonic Hall),
And No. 265 BROADWAY, New York.
FAMILY 8AKK8, BAKKEIts STEEL CHESTS
f tCONUHAMI) BAKES.
Hv nd for Illustrated Catalogue. 22 stuthtm
HATS AND CAPS.
-V T S, OA P S, V U R S.
BARTALOTT & CO.,
No. 5 North KIGIITII Street.
Fall and well assorted stock ot
HATS AND CAPS,
For Vena', Boys', and Children's wear. Also, a choice
v'rtevo' LADIES' runs.
AT TIM OLD ESTABLISHED STAND,
No. Bi NOnTU KIGIITII STIXKUT
18 M wftniain Below Arobi
o
O R
Kin U1VIT1Vl.n,..a w M
JOHM T. BAIL K if i rs n.
. BKMOVED TO '
corner of MAKKKT ana WATEB 8treW
DEALKH8 IN BAU8 A-SD BACiOINU
01 eyery uesvilption. Ibr
tiiitn, Flour, Salt, bupor pWphai ol LUne, Ban-
Ltrne nnd gmall OUkny BA(48 rtasuiitlr oo hand.
it
r,Hl T. Bailkx.
UNADrjLTK.RATKD L I Q U Q R 8 ONLY
KlCHAfU PEN18TAN' .
t-roKii Airn VAUtTs,
Ko. 4W CHEfNOT HTKKKT.
Koarlr Opiioeite Uis Tom Oiloe . i
.,, Pit I LA I) 1. 1. PH 1 A.
rtnllle supplied Oi'r ftvu tue Cotntey ',nnvV.i
attouJ r, at
CHEAPEST,
ll BESTt '(
II Sixth Ssi'' J
II