THE NEW YOItK PRESS.
fiDITORIAL OPINIONS OF THE LEADINO
JOURNALS UPON CURRENT TOPICS.
COMPII ED IVIRT DAY FOB EVKKIKQ TILKaKAPH.
The American Navy.
From the Tribune.
Army and Navy Reports have cpcd to be as
Interesting as a little wuilc nsro, wbrn every Bbip
was in line of battle, and every fold Icr hurried
to the front. Our army of half n million has
dwindled down to a little corps of 64,000, just
enough not to kceptbe Indians and the Rebels In
the best order. The decrease in the active force
of the Navy ts lea. Secretary W elles reports
that of the 278 vessels anJ 2351 guns now In tho
Navy, there aro in commission and on duty 115
vessels and 102!) guns. Even for these, we
judge, there Is not much necessary occupation,
though we should reluctantly see tho squadrons
which bear our flag on all tho seas recalled
home and laid up in idleness An army can be
di&bandcd and ca'lud out osruin, but ships must
be kept in use to Ms serviceable, and 163 out of
Bervico are" certainly enough for economy. Of
tbopo 64 are iron-clad, now stowed away at
Leugue Island, in tbe Delaware river, fresh,
water being considered necessary to their pre
servation. Mr. Welles Justly considers thit Coneress
tlioblil make fomo provislou for the safe-keeping
ot vessels which have cost the country
soveral millions of dollars, and we trust that
curly in the sossion a depot lor iron-clads will
be selected. Tbe House last summer accepted
tho offer of League Inland, but the New hag
land influence iu the Senate defeated the bill.
In time our monitors will be superseded by
better Inventions, yet for years they might
safely be trusted to defend our harbors against
the navies of France and England. The
Monadnock and the Miantonomah have crossed
the Atlantic, and in comparison with tbe best
monitors of Kurope did not need to hide their
turieted heads.
A squadron is maintained in the Gulf, with as
much reference to foreign as to home affairs.
These ten vessels petrol the Gulf from Havana
to tbe Kio Grande, but have had no occasion for
asserting the riulits of the United States. Mr.
Welles refers to the report that colored men
were kidnapped on the Southern coast and sold
into Cuba, but says no such outrages were dis
covered. Squadrons have also been sent to
cruise In the waters ot Europe, Asia, Africa, and
in the North Atlantic, South Atlantic, North
Pacific, and South Pacific Oceans, making in
all eight squadrons employed to some extent in
exploration and ocean surveying service. No
unusually important work of science has, how
ever, been assigned to the Navy, though we
never had an organization belter litted to make
discoveries and observations.
Among the special subjects which the report
considers, is the establishment of Government
shops for the construction of iron and armored
vessels. Mr. Welles observes that the want of
building-snop?, ship-houses, and dry-docks was
a cause of serious delay during the whole war.
Ho wishes this deficiency supplied, and thinks
that every navy yard should nave a dry dock.
The restoration of the yards at Norfolk and Pen
sacola is urged upon Congress, and he adds tbat,
in case of a war with any of the great naval
powers, we should suffer seriously from the
want of a navy yard in the Gulf, provided with
all appliances for the repair of vessels. Harbor
delense is briefly considered, but no satisfactory
report is made. It appears that the Board
appointed by the War and Navy Departments,
of which Rear-Admiral Dahlgren and General
Barnard were prominent members, failed to
submit a complete plan.
Mr. Welles suggests that a bureau should be
established to tuke charge of the interests of our
seamen, those of the merchant marine as well
as of the Navy. We know that the race of sailors
is dying out; there are not many of those tarry
heroes left, who thought the sea tbe natural
element ot man, and regretted that so much of
the globe was wasted in dry land. Jack in a
tornado exclaimed, "Lord! how I pities them
poor folks on shore 1" Our sailors now are half
landsmen, and in other navies the service Is
equally deteriorated. England finds il very
hard to get good sailors. Lite before the mast
has ceased to be attractive to the imaginations
of young men, and the Secretary advises that
measures should be taken to improve the ser
vice, and to secure the comfort of sailors. Tbe
system of naval apprenticeship, recently re
vived, is so far successful, the report avers, and
certain improvements In it are recommended.
The aggregate naval pension fund is $11,750,
000, an increase of $2,750,000. Tbe income is
more than enough to pay the pensions now on
the roll. Tbe expenditures during the year
ending June 30, I860, were $43,321,526, leaving
a balance ot $98,987,392. The available resources
for the fiscal year ending June 30, 1867, are
$117,944,060. The appropriation asked is $23,
668.436. Altogether, we are satisfied with tbe condition
of our Navy as exhibited In this Report, and
urge upon Congress the importance of consider
ing Mr. Welles' suggestions. Wo do not see
that he could have made a better use of the
large force left on his bands at the close of the
war, and Congress must take further measures
for tbe completion of that great system of which
the war laid tho rough foundations. Tho Secre
tary windn up with an eloquent appeal to the
Government to do its best tor the Department,
and an earnest eulopy upon the services of our
ships and men, an 1 we will ail gladly join him
In the old sone:
"Hurrah lor the Army and Navy,
Thrtio cheers lor tbe Red, White, and Blue."
Congress Its Spirit, It Strength, Its
Work.
from the Timet.
To tervor of spirit, Congress evidently in
teuds to add diligence in business. In other
times, the short session was not expected to
show much of either. Nobody looked for work
before Christmas, and after the holidays the
routine of the Govcrnmeut usually consumed
the brief remainder of the term. This year,
matters are ordered differently. The opening
day was prolific of bills and resolutions and
motions of an important character. Tuesday
yielded a good deal of the same sort. And it is
quite evident front tbo tenor of speeches at the
reception and banquet on Monday, and from
the force of the current which flows through
the Capitol, that In the activity and deinonstra
tivencss of these two days we have an index to
the general outlines of tbe session. It is to be
a session abounding in tokens of work, with
politics always uppermost, and with a control
ling resolve to do thoroughly what has hitheito
been but crudely begun.
How things will be shaped, and how the
party mat nas aosoiuie mastery over the posi
tion will acquit Itt-clf under its vast resoousi
bilitles, we snail be better enabled to judge
nuer ine iiujourucu caucus to ue neu to-niuut.
We bhall then learn, with sonvuhinir like SnrHni-
sion, the degree and tbe conditions of unity In
the rauks ot the parly, and tbe jude-ment and
temper which swav its eourtnelH. A lio nr tn
be the acknowledged leaders ? is the experi
ment of legislating by committees to be per
sisted in, or ore committee to be reduced to
lueir jig)ri )inti; w auxiliaries not 8S roas
ters oi eimer iiouser Are we to have resto
ration or reconstruction adherence to the
basis of the iei ding Constitutional amend
ment, or the adoption in IU stead of measures
oi a mure vxuviu u.uure? lueae inquiries
and others of the same Import, sucgest tiiom'-
selves naturally, and after t-dav we r1h.ii
probably possess data sufficient to work out an
intfcll Kible anar.
The flrt impression produced by what has
already transpired undoubtedly l" that the more
radical Republicans have gaiiiod both in pur
THE DAILY EVENING TELEGKAFH. PHILADELPHIA, THURSDAY, DECEMBER G, 18GG.
pose and strength during the recess. They have
taken the initiative, and mean to make a tough
light for the supremacy. We do not, Indeed,
trace in the caucus proceed I tips of last Satur
day the violence which some ot our contempo
raries profess to have discovered. And the wel
come speeches, and the speeches after dinner,
havo a vein of humor which should redeem
them from the chargo of 'ferocious Jacobln
Ihiii." 8i ill, the business thus far transacted
carries an air of earnestness wbich bodes no
favor to the President or bis friends. There will
be no receding Irom the position already taken
no concpssion for courtesy's sake or the Presi
dent's. Ill criticism of the Conaresslonal
cour-e, and his denial of its constitutionality,
has been accepted as a challenge and will be
resented as an Imputation upon the right to
govern claimed and exercised by the loyal
States.
Some of the measures Introduced with the
view of tying tbe bauds of tbo President are in
themselves so expedient and just, that it seems
undesirable to treat them simply as incidents of
a personal quarrel. The proposed restrictions
upon the appointing power are not uniformly
wife in detail, but their operation would be
favorable to a tnuch-needed reform. The prcicnt
system is productive of flagrant abuses, and the
ends of an honest administration of the Gov
ernment will be promoted by well-considered
checks upon the power of the Executive. So
also in reference to Mr. Eliot's bill repealing the
clause of the act ot 1862, under which the Presi
dent may proclaim amnesty. The authority
was conferred for use in contingencies which
can no longer arise j it has been tho occuslon ot
misplaced leniency; and its repeal will restrict
the paidoning power to the point reconcilable
with common seme after trial and conviction,
and not otherwise. Mr. Schenck's bill, appoint
ing a day for the meeting of the next Congress,
is in accordance with the letter of the Consti
tution, and seems a not unwise provision for a
probable emergency. Consideicd on their
meiits, all these measures admit of valid de
fense. They are proper, and in the circum
stances not inexpedient. And it is to be regret
ted that tbeir introduction and passage are
made to Appear as parts of a plau for annoying
and weakening Mr. Johnson, instead of whole
some changes Irom which he will only Incident
ally sutler. The result would be same, thouarhi
the moral effect of the legislation would be dif
ferent. The cultivation of a moderate, Impersonal
spirit is especially desirable in connection with
tbe restoration question. At present Congress
holds the vantage-ground. Its conditions of
restoration have been ratided by the people.
Its contest with the President has been decided
in its favor. Its course has been approve.1, Its
pretensions have been indorsed, and power has
been conierred upon it sufficient for all probable
purposes. It can, therefore, afford to rely upon
Its strength, to avoid irritating and needless
issues, and, above all, to rest content upon the
ground on which the recent elections were
lought and won. The mistake committed by
the President should bo at once a warning and
a guide. He has sacrificed his only remaining
hope ot leconciliation and usefulness by ignoring
the decision of the people in support of tbe Con
stitutional amendment.
Will Congress repeat the blunder la another
form ? We think that it will, if it evince! a dis
position to prefer conditions more extreme t han
those ot the amend men t. The Republican party,
let it be remembered, went to tho country with
the amendment as tho party platform on the
restoration question. The suppoit of the people
was sought and obtained on the plea that tbe
amendment, while satisfying urgeut require
ments, is moderate and fair to tbe excluded
States. To this measure, then, the majority in
Congress are virtually bound. Tuey triumphed
iu part, because ot the moderation and reason-
anieoess oi tnoir plan; and they would err
grievously were thej hastily to exchange it lor
ujure cxirruie measures.
The time may come, perhaps speedily, when
other measures may become necessary. The
continued refusal of the Stales to accept ihe
terms offered may impose upon Congress the
duty of reconsidering the whols subject, and
of adapting legislation to tbe new aspect of
a il airs, xoe mteresti ot tbe republic may
justify the substitution of a policy of recon
struction lortDo proposed policy ot restoration.
Should tbat time arrive, the party and the
country will doubtless be prepared to meet fully
the consequences of the change. But such a
chance ot policy, to be defensible, should be
the natural product of events. We nuy not
precipitate it, and assuredly we may not antici
pate it, without weakening tbe hold of the Re
publican party upon the moral sense and the
constitutional principle of tbe States now form
ing tbe Government.
We believe tbat coneress would strengthen
its position immensely, vby declaring formally
its readiness at once to admit loyal and duly
qualified Senators and Representatives from
anv of the Southern States which shall ratify
tbe amendment. The only plausible excuse of
J 1 ,"1 . J 1 1 1 1 A 1 . 1 - 1 JLl. J
iiie oouiu luui me rauuotu iou oi mis uuieiu-
ment would be useless, because other terms
would afterwards be insisted upon would thus
be destroyed. The amendment would then bi
a guarantee of restoration to the South, as well
as a guarantee oi peace and unity to the .North.
If. notwithstanding such a declaration, the
South persisted in its refusal. Congress would
have a clear npht to pronounce it contumacious,
and to act in the matter of reconstruction with
out stopping to consult the leaders or the dupes
ot rebellion. meanwhile, let us noia to tue
amendment in preference to any hasty device
that may be proposed.
Tlie Great Revolutionary Dciiioiut ra
tion In London Danger of tlie ltrltWU
Kitrv.
From the Herald.
The meeting held on Monday last in London
is a startling fact startling not merely because
of its numbers and its eeuil-military organiza
tion, but because of incidents which identify it
with the Irish revolutionary movement. We
ure told tbat among tbe flags borne promi
nently In the procession was that of the "Stars
and Stripes," and that among the airs played,
by almost every fcand, was "Tho Wearing of the
Green," an air which had been suppressed by
Government authority in the theatres and
other places of amusement. Those who have
been in England will comprehend tbe grave
significance of these facts. They constitute a
formal declaration of war against the ruling
clashes, and impart to Mr. Bright j' reform agita
tion tbe immediate cbatacter of a revolutionary
movement.
When the leader of the English radicals went
to Dublin, it was supposed that there was an an
tagonism between his plans aud those of
Stephens. The one, it was contended, sought
merely a redress of existing grievances, the
other revolution. It now turns out tat
least we are entitled to assume so from what
tiampircd at tbe Loudon meeting) that the
leaders ot the two organizations are acting in
close concert with each other. Else why did
not Mr. Bright endeavor to put a stop to this
flaunting oi republican emblems and siu;ini ot
treasonable songs in the immediate vicinage of
the Queen's palace? One thing is certain: it he
is not using the Fenians to compass his objects,
the Fenians Bre using hlai. Beiore many weeks
will have elapsed he will either have to abandon
the course he has been pursuing, or declare
himself in favor of forcible measure. He is
already so compromised that he is left but one
or other .f these alrernatives. Which will he
adopt? The answer will bo supplied by
Stephens' success or failure.
it will be said that we are laying too great a
stress on tbe incidents of the Lon.ion meeting.
No Englishman will think to. They are too
serious to be thus treated. That men in Eueland
thould be found bold enough to attempt such
things, and that they should escape puuiibuient,
shows that the work of revolution is pretty well
advanced, and that the Government is paralyzed
by its lerrorr". Were the evidences of an insur
rectionary spirit there confined to such demon-
' ktrationf, there might even still be room for
doubt. But wc have positive proor mat prepa
lutioiibluive been making throughout tbo Eng
lish provinces for an outbreak of S'ime sort.
Witness tbe teizures that have been made of
tore of incendiary compounds of u new and
most destructive character, the power of which
is not even to bo neutralized by long immendon
in water.-
These are not Fenian, but English contri
vances, wlih which It is intended to aid the
Stephens movement by setting fire to the lead
ing EiiQlisb cities. The dismay and confuion
caused by these proceedings will, it J calcu
lated, to weaken the Government that it will bo
unable to cope with tbe Irish insurgents. On
their succos will depend tho throwmg oil of fhc
mask by the English reformer", and the procla
mation o the dowmall of tbo Queen's authority.
We speak Of these projecls as we hear of them,
leaving our readers o Judge of the probability
ot then realization. I nlcrentially we must con
clude that the British Government has itself
serious misgivings on the subj-ct. Else why
toleiate those alarming demonstrations under
the very nose of royalty, or countermand tho
orders for the despatch of the English militia
leglments to Ireland, where every soldier tnat It
can command is urgently required ?
It Is remarkable how rapidly in the cose of the
British empire, as in that of Austria, the process
of disintegration is netting in. It would scorn
as if we bad arrived at a period of the worll's
history when all purely artificial governmental
sy struts by which antagonistic races and natlon
aliticn have been kept together, are donned to
dissolution. The British empire has been pre
eminently of this character. Built up by rob
bery and violence, it ha9 run the lull term of its
fraudulently acquired preatuess. A thorough
rciorm ol its political system and rcpuratiou tor
the crimes of which its Government hns been
puilty towaids Ireland, India, and other of its
dependencies, might have prolonged its exist
ence. 'Ihe obstinacy and seldshness of its ru'ers
have, however, rendered hopeless such a chance
of salvaticn. The fate of the small scparato
nationalities Into which it will be split up offers
a curioui subject lor speculation. The only
form of government which can possibly hold
them together h, we believe, that under whu h
our own country has become so great and pro3-
pClOUs.
Can the Prrldent be Divested of the
Pardoning Power 1
.From the World.
The bill, which has been set on its travels
through the two Houses, for repealing the
amnesty section of the treason act, is futile and
nugatory, like the section it aims to repeal.
The President derives bis pardoning power not
from any act of Congress, but from the Consti
tution; and no legislation can either strengthen
or impair it. We expressed this opinion on
Tuesday, on which tue Evening l'ost, in the
ti pcrubundauce of its wisdom, deli vers itself
as follows-
"We are surprised to read in a morning journal
an Bssoiiion that tho Picsidcnt may eoutiuus to
itfcuo pardons to Rebels before trial, uuuer ttio
K iierai j aiuoning power conferred by the tionstitu
t on, OI course iliis is absurd, lie has no sucn
mil Imf if w Il u utiknn ui svvn . ti.iKtmi y
""'"uiiij iiv r- iuipvni..u iuui yui UVU3 14 (Of a
tnal aiu conviction, but not bi loro."
"Surpritc' is the daughter of Ignorance, as
in a position to see. That form ot pardon to
which we give the name of amnesty always pre
cedes conviction. That amnesties aro included
under the coiistitutional authority to pardon,
was the opinion ot Hamilton in discussing that
sutijccl in the Federalist -an opinion repeated
and endorsed by Story in his "Commentaries on
the Constitution" an opinion officially acted on
by WashiLgton in the case ol the Whisky insur
gents in Pennsylvania whom he amnestied
without auy Congressional authorization. In
the Constitution of tho French republic of 1848,
the amnesty power was expressly excepted out
of the pardoning power oi the Executive, and
reserved to tbe LepiBlotuie, which shows that,
wi'hout such exprera exception, it would have
been included under the general power to giant
paidons.
In amnesties pardon precedes conviction from
the very nature ot the case. Individual par
dons may precede or follow conviction, accord
ing to the pleasure ot the President. When that
great eloquent lawyer, William Wirt, was Attorney-General,
he advised the President on this
pointustollows: "On the second point, whether
pardon can precede condemnation, I am of
opinion tL at tbe President may, if he chooses,
grant puch pai don. There is nothing in the
teims in which the power ot pardon is granted
which requires that it stall bo preceded by a
tentence of conviction on the verdict ot a
juiy. There is nothing In the force of the term
pardon which implies a previous condemna
tion. A pardon presupposes an offense, and
nothing more. It the party confesses his guilt"
(and the application for apaidon is a confes
sion), "every degree of certuinty as to the tact
of the perpetration ot the offense is gained
which a trial could gain; because, if he were
arraigned and pleaded guilty, no jury would
bo empaiinilled, and no evidence would
be heard in the case, but judgment would
be enteredon his own plea. ("Opinions
of Attorneys-General," volume I, page 231.)
John M. Berrian, another great lawyer, when
Attorney-Geneial, advised the President
acainst the ireauent interposition of .he pardon
ing power previous to trial; taking tbe consti
tutional authority for granted, aud resting his
advice so'ely on expediency. "It is not denied,"
he said, "that cases may exist in which such in
terposition would be proper; and it Is admitted
that the case presented, on the cvideuce fur
nished by tbe memorialists, is a strong one."
("Opinions Attornejs Generals,"' 1,723.) Felix
Grundy, another very distinguished Attorney
General, also asserted the pardoning power in
tbe utmost latitude, as to time, form, and man
ner, in which it should be exerted. "The par
doning power." he said, "given by the Constitu
tion, is plenary, cases of impeachment only ex
cepted. Its exercise, and the mode of its exer
cise, arejplaced, without condition or limitation,
wholly in the discretion of the President."
("Opinions," etc., II, 1212.)
The blunder ot the Homing Tost would not
have des-erved all this array ol authorities, it' the
dot trine il assumes were not acted on by Con
gress, and used as a weapon against the Presi
dent. It is on tbls ground that we feel called
upon to contest it, point by point, and to make
our refutation of it superfluously conclusive. It
was begotten by a perverae party tpirit, and is
born of ignorance.
Ihe Secretary of the Treasury on tbe
National Finances.
The Report of the lion. Hugh MeCulloch on
the condition and prospects of our national
finances Las doubtless been read by all our
readers, as tbe subject ol which it treats far
outweighs in importance any other public
document, not excepting the President's
Message itself. While the facts as set forth
by tbe figures are all that the most sanguine
could Lave desired, yet the tone of the
Iieport, and many of the recommendations it
contains, have not tended to exalt tbe (secre
tary in our estimation as a financier. Pro
ceeding on the basis that a return to specie
payments is desirable a basis which all of
us grant be suggest a series of Improve
ments on the present system, which will tend
to secure that result at an eaily day. With
out pretend in? to have access to the facts at
the control of the Secretary, we canuot but
see some discrepancy In bis advice. lie
recommends live changes, which will be the
remedies for existing evils :
"Firs. In ccmpelling tho National Bunks to
redeem tbeir notes at the Atlantic cities, or,
what would be bet er, at a single o ty.
"Second. In a curtailment ot tho currency to
the amount required by legitimate and health
tul trnde.
'Third. In a careful revision of the tariff, for
the purpose of harmonizing il with our internal
taxes lemoviug the oppressive burdeji now
imposed upon certain branches of industry,
and relieving altogether, or greatly reliev
ing, raw materials from taxes, in order that
the product oi labor may be enhanced aud pro
duction and exportation' increased.
"Fourth. In the isuo of bonds, payable in
not over twenty years, and bearing interest at
the rate of not over live per cent., payable in
Endand or Or rmany, to an amount sufficient
fo absorb the six percent, bonds hel I in Europe,
and to meet the demand there lor actual and
permanent Investment; and,
"Filth. In the rehabilitation of the Southern
States."
lie varies each of these suggestions at
lergth. In regard to the first, -New York
city Is designated as the proper place i where
all bonds shot Id be redeemed which may be
Issued by the national banks, ft lie is to be
made absolutely the centre of all the vast
system, the controller of the currency, the
goddes at whose shrine all ol our Philadel
phia banks must bow. We are to be made
provincial banks, and all be ruled by New
York associations. The Secretary weil eajs
that it requires a sacrifice of local pride to
absent to such a plan. It the little banks of
the little country towns feel aggrieved at
such a proposition, how much more will those
ofthepreat centres of the Atlantic coast,
whose credit is a' pood as any in the city of
New York 1 13utwhyls this change neces
sary? We are told because the notes of
banks situated at a distance are less valuable
than those in tbe neighborhood. Is this
practically true in tbe case ol national banks?
We think not. All are guaranteed by the
same deposits at Washington, and all that is
necessary is that we know the note to be
genuine, in order that it be received at par.
We fee daily hundreds of notes of national
banks, in all parts ot the country, received and
passed out the same as those situated on
CI esnut street. Ihe lact that these notes are
receivable for all public dues (except Imports)
is of itself a sufficient guarantee that they
will all remain at par in all parts oT the land.
In the second place, the currency is to be
curtailed, 'lhat has been going on for some
time past, but not with sufficient rapidity, in
the Secretary's opinion. lie proposes to con
tract all the notes of the United States at the
rate of six millions and ten millions a month,
until all be withdrawn and the national banks
alone furnish the circulating medium. As
the plan proposed ts intended to be a perma
nent one, at least for years, let us look at the
effect. The first proposition makes all
national bank notes redeemable In New York
city. Redeemable with what? Gold?
Clearly not, for tbe change Is at once recom
mended, and yet a specie basis is not anticl-
Eated for months. Clearly, t!ien, they must
e redeemed with United States notes- But
if these notes be withdrawn from circulation,
what ran the national banks redeem their
notes with In New York? Tho two proposi
tions here clash, unless there be a supple
mentary idea of covering the issues with
gold deposits when all the legal-tender
notes are withdrawn. We think that ten
millions a month would bo too rapid a
contraction would cause a stringency, and
eventuate in a panic before the haven of
specie payment could be reached.
The third proposition looks suspicious. It
manly commends Mr. Wells, and favors a re
vision ol the tariff according to his sugges
tions. It states that free trade is consistent
with tie spirit of our Institutions, and views a
tariff rather as a means ot raiting revenue than
as a means of protecting American industry.
We will not advance an opinion on this
point, because, while tbe tariff does indeed
need revision, it may be either rightly or
wrongly revised ; and, as tho Secretary does
not specify his Idea very clearly, we cannot
venture on a judgment. But it needs no
spirit of prophecy to foretell an attempt to
sacrifice Pennsylvania when the repot t of
the ( ommiUee is read.
Why could not the fourth proposition be
made to apply to all United States bonds,
and not only to those held abroad? Why
not have a universal " funded debt," and not
have only that part of it wbich is held
abroad payable in that shape and bearing five
per cent, interest? We contend that a gene
ral system of American Consols is what is
needed, what will make all our debts of equal
value, and what will bo received at par
both at home and in foreign lands. We will
revert to this subject again at greater length.
In regard to tho "rehabilitation of the South
ern States'," we all conclude that such is de
sirable, but when it shall be secured rests
entirely with tbe people of the late Rebel
section. That it has nut already been se
cured, is due as much to the indiscreet
speeches of Mr. MeCulloch as of any other
Northern man. Until they turn Irom the
evil of their ways, we do not believe in cast
ing peurls before swine.
e have sought to glance for a moment at
the proposition of the Secretary. Of course,
the subject-matter of the Report cannot be
treated of in one article. It will occupy
much of tbe attention of Congress, and we
will revert to it frequently hereafter. Judg
ing from our first impression, we do not hail
with any ppculiar gratification tbe theories
of the holder of ihe portfolio of the Treasury.
ELEGANT FAMILY CARRIAGES
BECKHAUS & ALLCAIER
De sire respectfully to call tbe attention of the publio
to tboir extensive manufactory of
FIRST-CLASS VEHICLES,
tCCH AS
Landaus,
Round Front Coupes,
Clearance Coaches,
Caleches,
Barouches,
Phaetons,
Dog Carts, Etc. Etc.
Ol tbe latest improved European dosfirnR, specially
adapted for private f amily use, of which they have
a fine assortment constantly fininhed, on hand and
iu process of construction.
The residents of riiiladelphia and vicinity are in.
formed tbat they can be accommodated with Car
liBgis ot modern style, superior workn anabip, and
Fupeib finish, at homo, without reference to Kew
York or the bast,
FACTORY AND WAREROOMS,
No, 1204 FRANKF0RD Avenue
11 13 lmrp
ABOVE (j I BARD AVENUE.
g L A T E MANTELS!
SLATE MANTELS are uniurptased for Durability,
lieauty, Btieutfth, onlCtieapneb.
bLATE MANTELS and SUte Work Generally, made
to order.
J. 13. KIME8 fc CO.,
0U W os 21W nd 11:8 CHESNCT Street,
SPECIAL NOTICES.
837 UNION LEAGUE HOUSE, i
rniUDiarnii, I ecember 1, 1968.
THE ANNUAL MEETING
OF TnR
TJ IS I O IS LEAGUE
OF PHILADELPHIA'
VUJ.L BE HELD AT THE
LEAGUE HOUSE,
ON MONDAY, December 10, at 8 O'clock P. M.
By order of tho Board of Director.
OEOKGE II. IIOKBR,
12 4 6 8ECBETABY.
TO ARCHITECT 8.
I'LAKS AND Pl'F.CIKICATIOKS FOR KEW BCJLD.
FOK THIS WAK Dtl'Attl Mi-Nt AT WASH"
JMmN,D.C.
Architect are Invited lo prepare plans and dnectnea
tlonn and etln aiea of coot 101 Dew ure prool bulunux
lor Hie War Depatfnicnt. on tlie site now occupied or
tho VVar Department and adjacent vacant groaad, In
W a'titiiRton. D. c.
'1 he hui.olnv a required should hare a superficial area
as largo as the Rite selected will admit of. l'lioto
uraplis ol site, and all other information relating to ttio
siitiject. n he turn Inhed to Arohltocte doairlng to coin
tide lor the work, upon application, personally or by
letter, to ihe uuoemi-iird
A premium of f-mio for tbe first, of 82900 for the
second and ot ail.uo lor tlie third moat acceptable
plana and apeclncatlons received, will be awarded,
upon the appioval ol the Hod. hocreury of War, hy
the board oi Oflicen charged with ihe duty ol select
ing; a file and preparing plana and apccltlcatinn.1 for the
building of tle War Depaitment under aot ol Con greet
approved Julv IW 1S66
'J lie p ana anu uptciflcctlona must be sent to the ofllce
ot lirevet 1 leutem.nt t olotei T. J. Ticauwcll, Recorder
ot tbe Boi.rd Ordnance Utllce, Wlndor's Dulldlng.
Washington, D. C, on or beiore the la I day ol February,
lf7.
'1 be Board will reserve the right to reject anv or all
f lans submitted, should none be deemed suitable tor
l.e purpose, aa well aa to retain any or all ot such
plans.
By order of the Board.
1120 1mj T J. TREAD WELL.
Brevet Llcntennnt-rolonel. P. 8. A., Recorder.
IKT5?- OFFICE OF THE LEHIGH COAL
AMD liAYlOA'lIOh COMPA-N Y.
1 1IILADKL1 111A, AugUSt 29, 166.
Tbe Stockholders of tbli ( onipauy are liervby notlUed
tbat tue board ot Managers havo detennlued to a low
to all perrons who shall ai pear a' Stockho.dria ou tue
booKsof tbe Company on tbe 8th ot beptember next,
alter tbe cloning oi trunaicrs, at 8 P. At. 01 tba dar the
privilege ol subscribing lor new s.ock at par, to the
extent 01 one share ot tew stock lor every nte share
then stanuina In then nimei Each shareholder entitlnd
to a iractloi.ai part ol a-phare shall have the privilege of
auusvrjuiug lur a iui snare.
'Ihe subscription books will open on MONDAY, Sep
tember 10, aud close ou BAlfJbDAl', December 1, lttttt
at it I Al.
l-avment will be considered due Jnne 1. 1807. bnt an
Infcitln ent ol V0 percent , trt n dolls re per share, must
bepaidat.be time oi subscribing. Ihe balance mar be
paia irom tiu.e to time, at tue option ot tuesuoscrioent,
beiore tbe 1st ol November, IHO'J On a'l payment,
Including the afotesald instalment, made beiore the lt
o t June. irJM. discount will be aliowca at tne rate ol 6
fer cent, per annum ano on a 1 payments made between
oat date and tbe It) ol .November, 1667, utoreat will be
charged at ibe same rate.
A 11 stock nit paid no In full by tbe 1st ot Kovemoer,
1867. will be lorleited to ihe use ot the Company. Or-
tlticates tor the new stock will not be issued until aita r
uuei ift7,ana fain sicca, u paia up in run, wm be en
tit ed to tne .November dividend ot Itm, out to no earlier
QIVKienO. BVLVMVX btUb.ytlli.KU,
8 30 Ttea-urer
trsf" OFFICE OF THE LEHIGH COAL
AUD MAVIOATIOH COMPANY.
FuiLADKLPiii, November 27, 1866.
The Board of Manauei have this duv declared a Dlvl
(tend ot FIVE PF.K CENT, or Two Dollars and a Half
per share, on the capital stock of this company, pay
ble on demand, clear oi N atlonal and Ntaie text.
1127tf , BOLOJUOJi 8UEVUEKD, Treasurer
CORK EXCHANGE NATIONAL. BASK,
S Pini.AEEi.pniA. Octoher IB 1888.
The VIce-FreMdent ol the bank. Alexander Whihden.
Ffo.. having in Aiay tast. 1 1 view ot a prolonged absence
in turope resigned nis posiuon, tne Hoard ot Klrecton
to duy elected J. W. Torro, .80,., Vice-President, and
10 17 ALEXANDER G. CATTELL, President.
flCST PENNSYLVANIA RAILROAD COM-
Philadelphia, November 1, 1866.
KOTICE TO 8TuCKHOLDF.lt 8.
The Board ol Directors have this day declared semi
annual dividend olFOUBPFH CENT, on the Cauital
Moek of the cmpany, clear of National and Stace
taxes, payable ou and attet No vein Dei 30. 1866
blank 1 oweis of Attorney tor collecting dividends
can he bad at tbe office oi the Company, Ho. M8 b.
TnlKI) fcsueei.
11 litot THOMAS T. FIRTH, Treasurer.
THE BOARD OF DIRECTORS OF
the ALLKOHLNY AND PITT,BUIUJ Oir.
COMPANY, bave this day declared a Dividend ot TWO
PER CENT., payable oi and a tnr Monday luth Inst.
D, V4NDEKVEEK, Treasurer.
December 3, 186H. 12 4 tuthgJt
Kpf BA1CHEL O R'S HAIR DYE
THE BEST IN TUB WOULD.
Harmleps reliable, Instantaneous, ihe only perfect
dye. No disappointment, no ridiculous tints, but true
to nature, black or brown.
UEMJ1&E la SIGNED WILLIAM A. BATCHELOB.
ALSO.
Pegercrntlng Extract oi H II lefleurs restorcs.preservcs.
at d LcRUtilits the bair. prevents baldness, .suid by all
Druggists. Factory No. el BARCLAY Hu, N. Y. 83$
fS?- JUST PUBLISHED
3Kir Ey the PhyBlclnns ol the
NEW YORK MUSEUM,
me jMuuiieiu jLuuiou ui uiuir
FOUR LECTURES,
eutlt'ed-
rniLOBOFBY OF MARRIAGE.
To be bad liee, o r foui stamps, by audresdlng Secro
tsiy New York Museum o Ana'omy,
B6S No. 61SLROADWAT, New York.
JJOUSE-FURNISIIING GOODS.
EXCELLENT OPPORTUNITY TO SECURE
BAS0AIN3.
To close the estate ol tbe late
JOHN A. MU11PHEY,
Importer and Dealer in
IlOlSE-Fl'IlNISHING GOODS,
No. 033 CHESNUT STREET,
Between Ninth and Tenth, Sooth Side, Pbtla.
Ills Administrators now offer the whole stock at prices
beiOW the oremavy rates charged. Tbls si oca embraces
every th ng wanteu in a weil-i idered household iPialn
T in Ware, brushes, v ooocn Ware, baskets. Plated
w are, Cutlery, liou Ware. Japanned Waie, aud Cook
ing I tenst.s of everr description.
A gieat variety ofSHnKaK GOODS. BIRD-CAGES,
etv. etc.. cau be outulned on the most leasouable terms
tilM'IMS AliCT 10 REF hltiElt jlXOKs aud WATER
CO''L 118
A tine assortment of PAPIER MAMIE GOODS.
Tliisls tbe largest retail establishment in this line tn
Philadelphia and cltlZ'-ne aud atruners will find It to
tl clr advantage to exinnliio our stock beiore purchasing
Note Our friends In thecountrt may order by mail,
and prompt attention wlu be alven. ' til 1 tustuj
(JSE STARIH'S COKDIIION POWDERS
FOB
HORSES AND CATTLE.
It cures Worms, Botts, and Co lo.
It cares Colds, Coughs, asd blJo-Bouud.
It is the beet alterative for Horses and Cattle now
use, having a reputation of 20 years' standing.
It Is a sure pruveutive tor the much dreaded Binder
pest.
No F aimer or Danvman should be without It
(orsaiein l'hlladelphla by DYOTi' A CO., No 2tj
North 6COND htieet; JOHNSON, HOLLOWAY A
CO WDKti, No. 25 Norih SIXTH Street, and by Drug
gists bout tbe country. Addiesa all orders to
BTAMN A FLOYD, Proprietors,
9 58m
Us. 21t DUANE Street, Kew Tork..
Q-EOROE PLOWMAN,
CARPENTER AND BTJIT.DEP:
No. 232 CARTER Street,
And No. Ill DOCK Strcat.
Machine Work and Jllllwri.hUn Vtotrptly attended
to. Bt
WATCHES, JEWELRY ETC.
VEV1S LAD0MUS&C0
'DIAMOND DEALERS A JEWELERS.)
W ATI HE'S iKKM HI PU.tK" TIAIia. .
vWAT0nE3 and JEWELRY EEPAIEED.
02 Chontnnt Bt, Pniltv-
Owing to the decline; ol Gold, has made a great re
dacilon tn prtte of hla large aud well. assorted stock oi
Diamonds
Jewelry, ' '.
bilverwarei Etc.
The public art respectfully Invited to call and examine)
Or stock beiore purchasing elsewhere. 2t
L. LADOMUS. T. POWKI.L, L. T. PIKOSL.
Lai go and small alios, playing from to 12a'ra, and
costing from 5to 1300. Our assortment comprise sued
choice melodies an
"Home, Sweet Home '
"Tbe Last Rrwe of Summer ' ' k ' :
Anld Lang Syne."
Star Spangled Banner."
'My Old Kentucky Home,,'etc. etc.,
Besides bcautltnl (elections from the various Opera.
Imported direct, and for sale at moderate prices, by
FARR A BROTHER,
Importers of Watches etc,
11 lbnithSrp Ko. i ( 1IESNUT St., below Fourth.
REMOVAL.
I A A sk a sk sftii
WATCH MAKER, BAVIKO REMOVED TO
ho. 120 S. ELEVENTH Street, below Cbesnnt,
Ufa opened anew end carelull elected stock of flue
Hcnes, Jewelry Mlvtr and Plated Ware.
N. B. Chronometer, Implex, Paten Lever, and plain
V atclits csrelnlly icpi Ircd urid v,nrmntcd,l()3lor2ia
S I LV ER-WARE
FOB
J3IUDAL PIIESENTS.
G. RUSSELL & CO.,
No. 22 North SIXTH St.,
Invite attention to their Choice Stock of ROLID
811 V F.K W A RF., suitable lor CURI8TM Abend BRIDAL ,
Plti-BttNIS. itM
II EN R Y HARPER,
JNo. CQO AltCII Street,
Manulactnrer and Dealer in
Watclifs
T'ine Jewelry,
Eilver-I'lated Ware,
81 Solid Sliver-Wara.
EICII JEWELRY.
JOHN BRENNAN,
DEALER If
DIAMONDS, FINE WATCHES, JEWELKT
Etc Etc. Etc.
205 13 S. EIGHTH ST., PIUL.ADA.
BOWMAN & LEONARD,
JlAHlTACrCRERS OK -
AMD
WHOLESALE AND SET AIL D SALES
IN
Silver and Sllvcr-Platcd Goods,
No 704 ARCH STREET,
rBlaDSLFBia.
Those In want Ol BILYER OI SILVER-PLATED
WAKJ. will find It much to their advantage to visit
curM'l OKJ beiore making tbeir purchase. Our loua
cipeneuce in the manuiacture ot the above kinds of
loots enables ua to delv competition,
V e kcei uicoods but those wbich are of the FIRST
C ASH, all vijur own make, and will be sold at reduced
pritcs il6S
JpINE OPERA GLASSES
IMPORTED AND FOK SALE BT
JAMES W. QUEEN & CO.,
10 18ti No. 034 CIIKSJVUT Street.
FIRE AND BURGLAR PROOF SAFES
JjQVANS & WATSON'
UANVFACTCREBS OF '
FIRE AND BURGLAR-PROOF
SAFES.
DESIGNED FOB
Uauk, Mercsiullle, or JDwelllMB-Hoase Ua
Established Over 25 Tears.
Over 24,000 Safes in Use.
The only Safes with Inside Doors.
Never Lose their Fire-Proof Quality.
Guaranteed free from Dampness.
Sold at Prices Lower than othor makers,
WAREROOAISi
No. 811 CHESNUT Street,
PHILADELPHIA. 6 5p
EXPERIENCE TROVES IT
MARVIN'S SAFES
AUK TUE BEST.
ALWAYS FIEE-PE0OF.
ALWAYS DET.
T weitty-Flve Years 1st Duslueaa.
MANY THOUSANDS OF ODE 8AFE3 IN USE.
MARVIN & CO.,
No, 721 CIIBSTIIUX St- (Masonic Hall).
And No. 2C5 BROADWAY, New York.
VAMILT SA1E8, BANKKIib'
bEUOKUHAMJ BAFi.6.
bend for Illustrated Catalogue.
STICEL CHKJTd
9 82 sttithlm
FOB BALE STATE AND COUNTY BIUHT
of t'apewell A to 's l atent Wind Uaard and Air
Heater for l oal Oil Lamps i It prevents ibo Cbunne?e
from breaktDfr. Tills new 111 warrant Alao save en
t bird tbe oil. Call and see tlirm tbey eo.i but tee eents
Ho. 208 BACK Btieot, fbl sdelpliU. Rumple sent to and
part oi tbe United States, on reolutot in cents IIS
810
SOUTH STHEET, M. D'ANCONA
ti.v. tha bh.l.ett miee for I. lilies' and
Gents' cabt-ofl Clothliu. ho. till KOl'lU ktioet ab m
lblO. tl.'
9