TIIE DAILY EVENING TELEGRAPH. PHILADELPHIA, THURSDAY, JANUARY 10, I8G7. THE KEW YORK TRESS. UD 10111 AL OPINIONS OF THE LEADING JOURNALS UPON CURRENT TOPICS. COKPtr.FD Kvvnr pat fob evbmno tklbohaph. r,..rii mid the Country-The Wnuta " of the Hour. row Mc Time. Tbo impcHchmnnl quctlon, lot iw hope, U at rest Tor the ocssiou. The proposition which was to accomplish won lors has been presented and disposed ol; it produced no great excitement hardly a flurry; and It reference to the Judi ciary Committee strips it of nearly all Its danger. Partisanship and passion are not to be permitted to precipitate the Government into confusion. Tlie President is not to be removed on ei-pnrte allegations, or for acts of which every prede cessor, from Jac'ti-on downwards, has been eqaally (rutlfy. The statements of his accusers are to be subjoctud to a quasi judicial scrutluy, by minds too able to be deceived either as to the nature or the bearing of the facts involved. For a time, at any ia1, we may dismiss anxiety upon this subject the more confidently became of the rational, moderate tone In which the leading organs oi the Republican p:irty cnitici.e and condemn the movement which has Mr. Ashley for its mautmer. On the recoustiuction question we shall yet hear much. Auy turthcr action consequent upon tbe lallure of the Constitutional amend ment will probably bo reserved for the next Cougress. Rut the'present body cannot escape the lesponsibillty of Indicating its vie srs as to the policy to be pursued towards the faoutn; and perhaps Mr. Stevens' North Carolina bill may necessitate an approach to some deanite decision. There is no necessity, however, tor making tne question a 6ubiect of daily debate. The Joint Reconstruction Commit tee, we take it, has charge of the subject, and is not unmindlul of Its exigencies. To that Committee may we not meanwhile, with advantage, Intrust all that pertains to the amendment, or to whatever may be designed to be an addition to or a substitute for that meaure t Is It absolutely requisite that every member shall ventilate his opinions as often as a motion relating to reconstruction is submit to 3 the House 1 Would it not be more conve nient, more prudent, more dignified, ami more characteristic 01 statesmanship, to hand all mo tions of this nature to the Reconstrucjlon Com mittee, and to throw upon that body the duty oi determining what is chaff and what is wheat ? A comprehensive report from the Committee, prepared la due ee ison, would be a valuable deliverance from the chaos that now reigns; and if it were understood that such a report would be forthcoming, as a basis of intelligent discussion ond final action, might not Congress profitably consent to waive this constant itera tion ot platitudes whenever somebody ctiojsej to Introduce a buncombe resolution t The paramount importance of the reconstruc tion question none denies. The necessity of solving it, one way or another, before much further time elapses, is universally admitted. Tbe present condition and position of the South call urgently for measures prompt and thorough; and we believe that Congress will disappoint tbe country if it come to an end without having brought the question nearer a solution than how it is. But this demand ot the people is not satisfied by a repetition ot speeches, every one of which, in ita substance, has been heard many times already. The great want ia for something to be done, and bo done that it shall not come up to be finished ut a future period. Thearne-tneE8 of this feeling, and the grave matters to which it relates, should be a guarantee aeainst the endlesa stream of oratori cal small beer which threatens to drown all other questions. There is everywhere evidence of the fear be gotten of uncertainty. .The manufacturer has no positive knowledge of the conditions under which, his work must be carried on; the mer chant has no means of judging ot the contingen cies that may arise to mar nis enterprise. Hence the uneasiness with which the doings at Wash ington are watched. Men are unable to guess what is coming. One day the impeachment project startles by its boldness; another day some other wild scheme comes up to teach us how near we are to a general looseness. There 13 a want of confidence superadded to more thin ordinary dullness; and this want of confidence proceeds in no small degree irom an impression that Congress is more intent upon the accom plishment of political results than upon the furtherance of practical legislation. If tbe Republican majority in Congress would prove the hlness of their party lor the position it occupies, they will not permit the session to close without a well-considered effort to afford relief. 1c is not in their power, by the enact ment of laws, to convert depression into prosperity, or to ward off the penalties which niuBt follow the blunders of our financial sys tem ; but they may remove the doubts and fears which make the existing dullness disastrous: they may inspire the confidence that is needed to counteract the prevailing tendency to paralysis:' they may prevent the continuance of the miscniets occasioned by an inflated cur rency, and a taxation which imperils domestic iudustry. These things Congress may achieve. And It will be srransely neglectful ot its duty if it permit them to remain unheeded. The misfortune is that the Interests most likely to make themselves heard are precisely i the interests to which Congress ought not to ! listen. The country is the sufferer, and it re- j tains no lobby agent. The people are the ap plicants lor relief, and they have made pro- j vision ior loir-rolline. or tor dining and wining. or tor intriguing and buying, under the shadow of the Capnol. These azencies are all at work on the other side. Special Interests aro mani pulating them as against the public. Manu facturers are u-ine tliem for their own bene jt, regardless of the fact that the country must bo the sufferer. Rankers are laboring to extend and Intensify the evils of an Inflated currency that they may reap the immediate profits of in creabed inflation. The pressure brought to bear upon Congress is, therefore, of an unhealthy kind. It is a pressure not easily resisted, save by members who realize the condition of the country, and the danger of neglecting its most obvious necessities.; Tbo evils to be remedied are general, aud must be met by the use of energetic and eeneral remedies, An increase of duties will render matters worse, not better. The lessening of duties is what is needed. In conjunction witu so thotough a reviJion ot the internal revenue that tbe taxation which now crushes industry shall oe ugntenea ana more equaDty adjusted, in tbe same way an issue ot more inconvertible paper will but hasten a cjllapse and multiply Us terrors. The want is a steady reduction of the volume of the curreucy, with a dUtinct refer ence to the resumption of. specie paymeuts. Together, these are tlie urgent requirements of the hour, and Congr-s& wilt be chargeable with a more giievous ottene than any imputed by Mr. Ashley to the President, if it full to provide them without delay. Reduced Taxes, from th Tribune. Shall we or shall we not vigorously proceed with the payment of our vast national debt ? We say, "Hold on to our taxes and pay I" and we confidently believe the people would, by a arge maloxity, say tbe same if they could hear both sides and then vote. Yet we greatly fear that Congress may he impelled to listen to special importunities aud reduce our taxes so as practically to stop the payment of the debt. There is much complacent talk of the large receipts cf the last fiscal year which disregards the fact that tbe Internal taxes were reduced at least twenty-five per cent, at the last session, so that the accruing revenues, are less by at len-t one hundred millions per annum than tt'ev weiea year ago. Rut even this Is an iu- adequate view of the reduction impending. VYbiuibe war closed, the country was nearly bare of goois, and prices were very b gh. of course, importers and home manuUc'-urers rushed In to reap the waiting harvest. Manu factories were run duy and uigtit; Mesmsnlps irom Europe came laden with rich aud costly fabrics. Tlie daily Treasury receipt were largely swelled by tni pretertiaturl activity, and amounted to over five hundred millions per unnnm. And whrn, at a later period, the demand for poods lell olf, It was freshly stimu late I by reductions of prices, extensions of credits, and by the illegitimate devices known as "drumming." You must travel in the North west to realize how thickly it is covered by ii cents of New York, Chicago, and other Job bine bouses, all intent on tempting purchasers by the display of samples, by concossions in prices, and by extensions of credit. These arts cannot permanently prosper; we know how thouuh not irhen they must result; but meantime they impart a factitious stimulus to trade, manufacture, and revenue. We estinmto that there are at least two hundred millions' worth more of goods this day in the hands of Jobbers aud retailers than there were eighteen months aco, and that it will not be found possible to distend the balloon much fur ther. Very properly, Importations fall off, and manufacturers instead of running night and day, are working short time or stopping altocether. Hence the duties on imports will probably yield far less In 18G7 than they did in I8(i6; ard so will the five per cent, excise on home manufactures. If the Trsasury realizes $300,000,000 from internal taxejand $100,000,000 (sold) from import duties in the calendar year 1807, it will do well. And tht, if we do uot mistake, will leave less than $100,000,000 to be devoted to tho reduction of tbe principal of our national debt which is quite little enough. We trust, therefore, thai tho taxes will not be reduced, save as such reduction may tend rather to increase than diminish Income. If, for in stance, an excise of fifty cents per gallon on dis tilled alcoholic liquors will yield more revenue (as we do not doubt it will) than the present tax of two dollars per erallon, we trust the duty may be reduced to fifty cents. And if the cotton growers will aaree so to extend their cultivation this year as to insure as great an aggregate in come from an excise of two cents per pound as irom the three cents now exacted, we say diminish tbe tax! But let us hold fast to the policy of paying our debt promptly. We are no louder of paying taxes than other people, but we want to see the Union out of debt once more. It we hold fast to the pay ment oi at least $100,000,000 per annum, it will soon be easy to lund whatever shall remain of our debt at a rate not exceeding five per cent. Everybody is willing to trust those who ate rapidly getting out of debt. Rut let it be settled that we are not paying off, nor meaning to pay, the principal of our debt, and It will be hard to float even sixes. Rely on it, paying off is the truer economy. We cannot, therefore, unite in asking Con gress to takeoff' the five per cent, now levied on manufactures, nor, the live and ten per cent on incomes, tbe three per cent, on advertise ments, nor, In fact, any tax whatever. We all understand that these taxesthe income ex cepted, are really paid by the great boly of the people, and not specially by the niantifac tmcrs nor by cotton-growers. And it is very plain that, if we repeal taxes because they are Inconvenient to those who (whether directly or indirectly) pay them, we shall soon have not only no surplus, but no revenue at all. Let us consent to no reduction that precludes our pay ing at least five per cent, per anuum of the prin cipal of our debt. J By-and-by we shall bo wise enough so to levy 1 and adjust taxes that they will serve to increase j rather than diminish the aggregate of national and individual wealth. If, for example, a tax i ot $100 in rural districts were imposed, $200 in villages of 1000 to 10,000 inhabitants, $500 in cities of less than 100,0000 people, and $100 in all more populous cities, on every store or bar where intoxicating liquor is sold, there would thence be realized many millions per annum without loss to any one. There would be liquor enough sold and drunk; the business of selling it would be quite as gainful as now; but, instead of employing and subsisting five per cent, oi our population, it would absorb tut about one per cent., remitting several hun dred thousands from rum-telling to tbe more healthful and useful labors of the farm, the workshop, and the factory. And the pjinciple heie indicated is capable of varied and benefi cent application. Rut we must Dot expect nations to cut all their wisdom-teeth hi infancy and at once. We trust Congress will revise and stiffen the tariff, so as to secure to our manufacturers and artisans a large share ot our own markets, and that many who now await orders or meditate stopping will thus be enabled and encouraged to go ahead. If we could only go at once to specie payment, thus reducing the nominal or currency cost ot materials, labor, etc., we should thereby incite many to build and improve and invest, who are now repeiiea D.y lunation ana exorbitant piiees who will neither buy nor erect a bouse while it costs $15,000, and they know it will be worth but $10,000 or $12 000 atter resumption. And whenever we do resume, or move resolutely towards that end, there will doubtless be a pause in business, and a tem porary falling off in tbe weekly receipts of revenue. There should be no tax remitted or reduced til) we have returned to solvency, aud stopped the issue of promises whereof eacn is an ostentatious aud demoralizing untruth. The President's Impeachment The In tjuivltiou of the Judiciary Committee. I rom the Merald. Upon the charges of impeachment preferred against President Johnson on Monday last by Mr. Ashley, ot Ohio, the Committee on the Judiciary commenced its Inquisition yesterday. Mr. Ashley was the first witness in the submis sion of testimony to support bis charges, and tbe examination of witnesses will be con tinued irom day to d.ty until the committee are tatistied that they have sufficient evidence upon which, jea or nay. to make up a report for the House. The committee iu question, one of the standing committee of the presentjCougrcss, is composed of tne folio wing menibeis: James F. Wilson, ol Iowa, Chairman; bcorire S. Bout woll, of Ma-saoliUJttts; 1'iancis Thomas, ol Maryland; ihomas Williams, oi I'tunay Ivanla ; Frederick E. Wooclbririge, of Vermont; Daniel Morris, ol JNew York; Andrew J. Kosrers, of New Jersey; VYillium J. Lawrence, of Ohio; Rurton C. Cook, of Illinois; oil Republicans, aud, we believe, all of the radical school of Ashley, except the solitary Democrat familial ly known as " Little Jack Rogers of Jersey." Six at least of this committee, we understand, are resolved upon tbe impeach ment, so far as their labors may contribute to this eud, end proless to believe that a budget of " bijzh crimes and misdemeanors" can bo established sufficient for the removal of Andrew Johnson. It is given out, too, that amonir the charges that will be brought against Lim will be this-that but for his influence employed aeainst the pending Con stitutional amendment in the South, It would have been accepted by the excluded States, instead of being indignantly scouted by them, as a treaty of restoration; aud ol all the accu sations made against him, this is perhaps the one which his enemies in Congress may employ niost to bis prejudice. If they ask Jiim under what authority lie has interposed between. Con gress and the Mates to defeat the pending amendment, what answer can he make? Uo can only meet this question by answering thit he has not interposed, as chireed, and that accordingly this aecusailon falli to the ground. e presume, too, that he Is prepared to give this answer, and to make it good, notwithstand ing all the newspaper reports of his alleged advice and Instructions to Southern Governors aud Legislatures to reject the pending constitu tional amendment. Let us suppose, however, that the House ot Representatives, acting as a grand Jury, has fouud a true bill against Andrew Johuson, and that under this bill be is arruigned for trial at the bar of the Senate acting as a high court, with Chief Jrstice Chase as presiding Judge; what then? Does anyone suppose, upon the charecs made, which would apply more or les to nil our Presidents sine the first election of Jackson, that, two-thuds of tlie Senate can be musti red for a conviction f No; for it is pro bable that at least two third of the Senator have boon themselves Implicated to a greater or lesser extent with tho President In some cif these alleged "crimes and mi-demeanor", " especially In regard to the distribution of the spoils. As there is, then, no probability that charge of "high crimes and misdemeanors" against Andrew Johnson suflicii nt to justilv hla re moval can be established apainst him, what advantages Chn-accruc to Congress or the Re publican party Irom this prosecution f Wen dell Phillips answers that the moral effect in clipping the wings of a iaithless Executive will still be an immense gain to the cause of liberty and justice. We apprehend, however, that, without any compensating good results, the consequences of this proceeding, If pushed to a trial before the Senate, will be mischievous, If not disastrous, to Congress, tho Republican party, tbe Treasury, and the financial and industrial interests of the country, from the violent clashing and confusion of parties, fac tions, and sections that must inevitably attend the prosecution of this Impeachment, to the attempt to puspend the Executive in his func tions, with his arraignment as a prisoner. Let us await, however, the result of the Inqui sition of the Judiciary Committee of the House. When they have finished their inquiries upou the charges made and to be made agalust the acciucd, they are to lay their evidence and their conclusions before a Republican caucus, which is to decide upon the report to be submitted to tl.e House. Meantime we expect that the pres sure of public opinion upon Congress will pro duce a wholesome reaction; for. excepting a few displaced office-holders and a few disappointed oflice-seekers, we are not aware of any calls fiom tbe people for tbe impeachment of Presi- dent Johnson. In any event, as this movement is eviuenuy more from the Inspirations of oarti san revenge than in behalf of the general wel fare, or irom me necessities or the Government. it must end In a failure, and so we patiently n n ii 1 1 4 lift 1 H l . ... j: i-i ... -r utiuih iuc i;pui. ui iue uuuiuimy vomuiiliee. Garibaldi and Earl Russell. From the World. It is a great pity that some of Garibaldi's friends and admirers do not take nieaiures to have him effectually cut off from the use of pens, iuk, and paper. Lord Rochester's famous epigram upon Charles II may be fitly applied, "with modifications," to this high-hearted but saaiy noi-neauea Italian patriot, lie never docs a base thing, and rarely says a wise one, He has just issued an appeal to the Italians to bestow an ovation upon Karl Russell, who is about to visit Italy, because "this excellent statesman in I860 threw the weighty word of England into the scale In favor of the destinies of Italy against Napoleon, who wanted to isolate the emancipating movement in Sicily." This wretched attempt to stimu late the Italian people against tbe one man to whom Italy owes substantially all the opportunities of which she has so nobly availed herself lor recovering her rank among the na lions, would be a crime on the part ot auy Italian more capable of political thought and political justice than the soldier of Caprera. In Garibaldi, it is simply a piece of obstinate folly. It ib curious that at the very moment when this unlucky letter first appeared it should have been made known officially that Earl Russell, whom Gaiibaldi asks his countrymen to use as n kind of unnieichantablc egg for throwing at the head ol Napoleon, did his utmost betoie retiring from power in England to complicate afresh, the pHpal question, by invltiug the Pope to take refuge ic Malta. The Pope once in Malta, King Francis II ot Naples and Hcily would have tor lowed his Holiness to that island; and Malta would have been made, under the English flag, what Sicily was under tbe English flag sixty years ago the centre of all tbe ieactiouary con spiracies against Italian unity and Italian free dom. Napoleon saw this clearly, and remons trated at once auainstthe action of Earl Russell. Fortunately lor Italy, and (as we doubt not will apear in the end) fortunately also lor the Pope. Earl Russell was turned out ot office, and Lord Stanley, his successor, has just caused the English representative in Rome to make his Holiness understand that England would be much obliged to him if he would decline Earl Russell's invitation. Whatever else may be said of the third Napo leon, impartial history will assuredly accord to him the glory ot conceiving, carrying through, and consummating one of the very grandest movements of our times, in the liberation of Italy, not only from the system of 1815, but irom the whole weight of the foreign influences beneath which, for lour centuries, the genius and the spirit of the Italian people hal groaned in vain. In proportion to every candid man's knowledge ot the political condition of Europe at the time when Prince Louts Nflpoleon was elo- vated to the Presidency of the French Republic, and during the eventful eighteen years which have since elapsed, must be his admiration of the ability and the persistency with which this extraordinary ruler has clung to and accom- Elit-hed this Italian work which ho assigned to imself at the very outset ' of his career. It is not for the credit of Italy that men so largely identified with her efforts at independence as Garibaldi, should be carried away by their per sonal sympathies and antipathies into explosions of spleen which can only tend to fasten the re proach of ingratitude or imbecility upon a great and intelligent people. i A negro woman in Richmond, after dancing at a ball all night, iound her child half eaten by lata in the morning its face, hand, aud ears gnawed away. INSURANCE COMPANIES. "KJORTU AMERICAN TRANSIT INSURANCE COMPANY, No. 33 South FOURTH Street I-IIILAOJEU'IIIA. Ann 08 Policies issued ealuet General Accident! 1 dt utriplloiih Ht excredlitil low rateu. Insurance cficcied lor onu year, in any sum from 100 to lo.OuO, at ii premium of only oue-lialf pec cent., aecurlng tbe lull amount Insured in case of death, and a coin limitation each week equal to tbe whole pre uiluiu paid bbun Hire llcketefot: S, 1,7, or 10 dajt, or 1, , oi t fbonthb, at 10 venual ,, nsurluK in the gum ol 3U0i, or Hiving tltt per weeKii .linableu. to be had at tu Uciiciai Oll.ce, fco. laSh.iOUHTU Mtreet, rhllnUel plilu, or at tLe various lialiioad llcltet oilU.es. Hemirf to purchase the tickets ol tlie Bortb Aoiulean Xraus! iDHurauce Company. t or circuiaia and further information applj at th 'ieuera Ott.ce, or of any of the authoiizoU Ageuls ol Ui ottipany. LKWIB Jj. HOtri't, President. JAMES M. tOMJAb, Treasurer IlhMtY C. BROWN, Secretary. JOHN C. BULLITT, bollcltor. I.. L. Iloupt, late of Fennaylvanla EailrcsJ Company . E. KliiKSley, Continental Ilotol. Hamuli c falnier ( atliler ol Com. National Bank. H.U. l.eisenmiK, Nob. 'HI and W Dock "trout. .lao.es W. Courad, Una of Conrad A Wailou, Ko. fti Maikit ktieet I'.uocu lew In, late Gen. Bup't Tenna K. B. Andrew aiehviloy, B. W. turner oi Third and Wa'.na' rtets. ti. C. Francisrns Gen. Agent Penna. R. ft, Co. Ilium as K leiemon, No. 9036 Jlaiket street V. W. Kun, Arm ot Kuitz. A Howard, No. V 8 Third street. y -CHCEN1X INSURANCE COMPANY Of JT PB1LADKLP1I1A. IKCOhl OKAi.D IBM-CHAHTER PERPETUAL, No. U'ii WfttkU i Hueet, opposite the Exchange. In addition to MARINE and IN LAN L INHUKANCE thlf Company lueuies irom lotts or damage by F1HK or liberal teiuis oo building. uierchandlMi. furniture etc.. lor luilied period., aud peruaueutiy ou buildiuti, l.v denoalt of bremium. The I ompanv has been In active operation for more than H1X i V YEa Ki- during wblcb ail Iobuos have been prtuipiij aojukuo aua paiu. Jorn L. Ilodge, i.awteuce T.ewla, St V 11. it ahou , John T. Lewi. Vt il'lum fc. Grant, Robert W. Leaning ). c'ark Wbartou, Hun. ul VY lloox. aviu Lnna, Benjamin Ettlng Thouiu. H. forem, . R McHenrv, F.dmuud i aatlilon, r .,i .i it i.. ....tea i,, nuiim "(X'UEU.EU froal'lonl. 8am ei Wilcox Secretary 41 INSURANCE COMPANIES. Tr LAWARK MUTUAL rSAi,.pTV INSTT. AJ HAS'k. COMl AN V Incorporated by the Legl- lature ot rcnnBj Ivanla, lm. Office, 8. E. Cor.ier TIiikh ami WALRUT streets rhUadilplila. MARIN. INbUKaKOES on vessels, carto, and trelKh', o all parts of the world I.nLaNM trsRVRN(JKH on goods by rler, canal, like, and laud carriage, tot parts oi the I nlon. HRI IHKURiNcEK On merchandise seneral'r. On Stores, lwelllni Houses, Etc. ASSETS OF ThR COMPANY, November 1, Umi. 1(iO,00o t'ntted states o l'er Cent. Loan, W lM.OOO'OO 120 00H t i lted Htatee Ter Cent. Loan, IkhI 118,500 09 00,019 lilted Hlaies 7 3 10 for cent. Loan, Treasury Note l 50(1-00 125,000 CUT ot I'hllaoe pbla six Per cent, Loan (exempts! 126,502 M M 000 Mate oi l'euusj ivanla ttlx l'er Cent. Loan 64,700 00 46,000 stale of Pennsylvania. Five Per Cent Loan 44,6i0-00 (0,000 Miaie of aew Jersey nil Per Cent Loan 50,750 00 20,000 Pennsylvania hat road, 1st Mort gage, 8lx Per Cent. Bonds 10,500 CO 25.0U0 l'ennsvlvanla ltai road 2d Molt- saxe Sli 1 er Cent. Honda 24,250 00 25,0f.0 Wentotn Pcnnsr:vania llatlrosi flx Per Cent. Bonds i Penua. K. B. narantees). vij.WW 19,000 00 8,040 09 90 000 9 Htaie of lennessoe Five Per Cent. Loan 7,0(0 Mtaie of Tennessee blx PerCent. 1 can 15,000 3(K) shares f took ot Oermantowu on company (principal anu inte rost euaranteod by tbe city of l'htladelpi la) 15,000 00 7 150 Ua Mhares Mock ot Pennsylvania Railroad Company 9,258 26 8 000 100 Hhares !Mock or North l'etin- a Ivanla RMtroad Company 3 950'00 '20,000 80 Shares Mock ol 1 uiladelphla and Houtbern Mall Bteamshtp Company 20,900-00 195,900 Loans on Bond and Mortgage, 1st Liens, on City Property 108,000 00 1 045,050 par. Market Talue, 1,070 ,209 75 Real Estate Rills receivable for Insurances made., Balance due at egenclos. Pre miums on Marine Policies, Ac crued lnterext. and other debts due tbe Companv Scrip and Mock of sundry Insu rance end other IComnaules, e.vm Estimated value.. Cash In Rank a41,UI2'2A t a', in Drawer 447 14 lubi. ii ua. J6.000 09 27,67-24 38,922-99 2,930-09 41,540-60 1 407,8-21 68 the Par ia assumed as This being a new ootei prise the market value. 'J nomas C. Hand, John C. liavla, Edmnnd A houder. 1 heophl'us Pauldlug, John R. fen rose, James Traquair, henry C. Uallett, Jr., James C. Hand, William C. T udwlg, Joseph H. Seal, George G. Leipor, Hugh Craig, .In tin Ik T.rlnr Samuel K. Stokes, Henry bloan, WIMamci. Ronlton, Edward Darlington, II. Jones Brooke, Edward La ourcade, Jacob P. Jonoa, James B. Mc Far land, Joshua P. Kyre. Spencer Mcllvlne, J. 11 Semple, Pittsburg, A. B. Bemer, 1. T. Morgan, " HAM, President. .TOflKi'. T.AV1U ,!,. t)a. henst ltibcbn, Secretarv. 1 8 t 1829CUAIlTEI1 PERPETUAL. Franklin Fire Insurance Co. Of PHILADELPHIA. Assets on January 1, 18 GO, 53,50085100. Capital tioo.noooj Acciueu Surplus 944,543 If Premiums 1,11)2,306 -8 VW SETTLED CLAIMS, LSfOOMB FOB 1866 911,467 51. tW.m. LOSSES PAID SINCE 18SO OVEB S5,O0O,O0O. Perpetual and Temporary Pcliclesoa Liberal Tic DIRECTORS, Charles H Bancker, iLOwara u. ua:e, George Kalos, Alfred Fttlcr, Francis W. Lewie, It. B. Fetor MeCAU. j ouinb vt apiier, Samuel Grunt, Ceortie W.Richards, mintus, CHARLES N. MAM'KKK. PrnflrionL . EDWARD C. DALK, Vloe-l'resideut. W. McALUSTEE. Secretary protein. 11$ JAS. (REMOVAL. The Girard Fire and Marine Insurance Companv HAVE REMOVED" "TO THEIR NEW OFFICE, XO Lit HE AST CORJStili CHKSMT aiwl SEVtMU Slrt-cts, I 195 I'BILADELrUtA.. LIVERPOOL AND LOND05 AND GLOBE INSURANCE COMPANY. Capital and As3et3, $18,000,000. Invested in United States, $1,500,000. Total Premiums Kecelved. by th Company in 1805, 4,047,175. Total Losses Paid in 1865, $4,018,250 All Losses iitouiptly oOjuiited w'.Uiout referent t ATWOOO SMITH, General Agent tor PeumylvaiUa, OFFICE, so. t Merchants' Exchane rUtLAUBLl'LlU ItJUO'm T .IlOVIbEN'C MFJti AVU TRVfel COMPANY 1 OF I UILaL-KlPEIA So. Ill ISoulU FOURTH 8tret. IB CO RPORa ifci 8.i Moh'l H, Till, CAPITAL, 150 00(1, 1-AU) LN. Insurance on Lives, by Nearly Premiums; or b S 9 10 or -U year Premiums, &on-torielture. huQov.uiei.13, payab.e at a .uture age. or on prlot deteate, by Yearly Premiums, or 10 year Preuilum boili o :aes Non Ioreliure. Annuities muted ou favorable terms. Term Po kies. C'liil.lreu'a Endowments Juto Company, wbiie glilng- the Insured the securU? o( a paid-up cai ltai, will dlvice tbe eutlxe proflta uf U l.I.e LuHiueas among Its Police holders. MoiiejD received at Interest, auu paid on demand. Authorized bv charter to execute IruntH, and toaotn Lxecuior or Aauilulatrator, Assignee or Guardian, aa lu oiber fiduciary capaeitb-a uuuei appointment o. any Court ol this Commonwealth, or of aur persoa orj bluc, or bodies politic or corporate fcAMCKL R. SHIPLLY. lUCHARD CiTBCBr. J 1 : hfc. Mi A 11 Hi C- Ktli, JO-UCA H. BiOKUiB, UiCUAiiL WOOD, CHARLES limit lid 1 I'tZI . T. WitSTAit UK') WS, WM. C. LOfiiOBTKJEi'H, IT. I'OFKlN. t-AttCEL a BniPl Y jty wiiAdw t a tK i. President. Actuar JIIOMA8 WISTAK, AC I., , i. B. XOWKSfeM), 'i ili AleulcA Eiammer, LettalAU riser, TiMBE IN8UEANCE EXCLUSIVELY TH1 h pEtiSVLVAMA F1UE liiHUHAUCE COM PANY incorporated ISA Charter Perpetual JiO. tit Yi iLHU'l htreet, opposite Indepeiidenoe Hiiuare. 5 ills Company , laverably kuowo to the community for over tortv years, continue to Insure atsaiust leas oi I'-iniae by bra on Publlo or Private Buildings, eithei petuianeutly or lur allniited time. Also on furniture, fet. eks ot Cuoda, and Wwuliaudiau gsueraily, on liberal 'letft Capital, together with a large Surplus Fund,! Invested lu the moat carelul manner wtilub enables U.eui to ohorto the Insured an uuloubted eocuxity in tbe tixjOl loa. Danlal fmltti, Jr.. John Deverouit Alexander Housou, I aao HaltburaL, Tln uian hmliu, Heury Lewis, J. OlllliilittiM FuIL lUcuiaa Uoliuitia, Xaii'ui cn.iuui'H, r. UAMtL hMITU. Js,, Preaidunt. Wli-Lf.M O. C'noiKu,,hor.H-.titr), . D30!) WATCHES, JEWELRY ETC. VV1S LADOM'JS &. co. HIOONI) MAI EKS A JF.WKLEUS.) W tl JKH III HII.VKR Vtil.K. watches aud jewelby eepaieed, J02 ChMtnnt St., PhU CHRISTMAS HOLIDAY A0 BRIDAL PRESENTS. Have on baud a larjts and beautiful assortment of Watches. jewelry, and HUverwaro, suitable tor Christ n as Holiday and Bridal Presents. Psrticuiar attention solicited to ourlarpe iisortment of lIamrnds and Watches, Gold Cham tor ladies' and gentli men's wear. Also, Sleeve Buttons, Studs, and fccal Kings, In great variety, all o! tbe neweit styles. FANCY BILVEU-WAUK, ESPECIALLY SUITED FOB BRIDAL GIFT8. We are dal'y receiving new goods, selected expressly for the holiday sal a. Our prices IU be lound as low. It not lower, than the same Quality can be purchased el. where Puichaers Invited to csll. Diamonds and all precious ptones. a'so, old Gold ana Sl.ver, parchased or taken in exchange. MStp WATCHES, JEWELRY. w. w. CASSIDY. No. 14 SOI Til SECOND STREET Offers an entliely atw and njost cureiully selected stock ot IAMEEICAN AND GENI.VA WATCHES, JE WELLY, SILVERWARE, and FANCY ARTICLES OF EVEHY DEBCRH'TION, suitable for BRIDAL, OR HOLIDAY PRESENTS. An examination will show my etock to be unsur passed in quality and cheapness. Particular attention paid to repairing. 155 B0W31AN & LE0N1ED, UAJttrACTXJEEaS OF AND WHOLESALE LSD EXT AIL DXALZB gJl.er and Sllrer-Plated Goods, No 704 ARCH STREET, rsiADiLrrnA. Those In wnt Ol SILVER or SILVER-PLATED WAKE will And It much to their advantage to vUlt cur.Si OKJC beiore making their porchae. Oor loua experience In the manoiactnre ot the above kinds ol goods enables us to detv competition. W e keen uo oeil Lut tiiose wl.lcn arof the FIRST- CLASS, ail 4 dir own make, and will be sold at reduced prices. 6 2tj Large and small, aizes, play mg irom 3 to 12 airs, and costing from to to (300. Oar assortment comprises such choice melodies as "Home, Sweet Home "The Last Rose of Bummer. Auld Lang Syne." Star Spangled Banner." "My Old Kentucky Bome,"etc. etc. Besides beautliul selections from tbe various Operas Imported direct, and for sale at moderate prices, by FARR A BROTHER. Importers of Watches, etc , 11 lUmthSrp Vo. 324 CHE8NUT St, below Fonrtm HOLIDAY ITOEm JACOB HARLEY, tsaccEsaoa to staffeb, & haslst), No. MARKET ST. A fine assortment ol Watches, Diamonds, Jewelry, Stiver and Silver-plated Waia, suitable for Holiday and Bildal 1'rewnts. 12 11 tuthslm 31 LVER'WARE FOB BRIDAL PRESENTS. O. RUSSELL & CO., No. 2Q North SIXTH St., Invite attention to their Choice Stock of 80LID 81LVEK- W A UE, suitable tor C UElS'i'M Aa and BRIDAL PUEaEM.s. iftjhjj UENRY HARPER, ro. 30 AKCII Street, If anulacturet aud Dealer is Watches Fine Jewelry. Silvet-Plated Wart. 61$ Solid Silver-Ware. RICH JEWELRY. JOHN bbekkan; DEALKR Qt ' DIAMONDS, FINS WATCHES, JZWELRT Etc. Etc. Etc. 9 Ju5 13 S. EIGHTH ST., FI1II.ADA. JJOUSE-FURNISUINq COOPS. EXCELLENT OPPORTUNITY TO 8C57RE ' BASOAIJfS. To close the estate ot the luto JOHN A. MUKPHEY. Importer and Dealer in IiOlSE-Fl'IlNISIIIXa GOODS, No. 023 CIIESNUT STREET, Between Ninth tad Tenth, South Side, Phiia. His AdmlnfairAtora now offer tbe wuo'.e stock at price beiow the ordinary rates charged. This si oca embraces every thiug wanted m a i ell-brd.red household : Pialu Tiu Ware, Brushes, Wooden Ware, Baskets, l'lated Ware, Cutlery. Iron Ware, Japanned Ware, aud Cook ing Utensils of every description. A great variety 0f8UaK, GOODS, BIRD-CAOES, etv etc., cau be obtained ou the most leaaouable terms GEN I'INE AilCiiO REFU1UER AfOKs and WA 1EB COOLERS . A tine assortment of PAPIER MACHE GOODS. This Is tbe lamest retail establishment in this line la Philadelphia and citizens and ttrantteni win rind tt to their advantage to examine our stock beiore purchasing. Note. Our lrlnuds in the country may order by mail, aua prompt atieution will be klven. CU 1 thjtui Unitp:d rtatfs reventk stamps.-r-rinclpal Vvnot No 8H4 C11E8NCI' Street. Cuutral Hopou Mo. 103 S. It x .street, oue door below t licouut. EntablUhed Imi. Ui'venoe Stfiuitia ol every Oecrlpuun Cuustantlf ou hin d in auv eiunuut Oi-dorsby a'1 or FsnreM prgmritly attended to. SHIRTS, FURNISHING GOODS, & J W. SCOTT St C O., SIIIIIT HANUFACTURER3, AM MALERS IK LCN'fi FUKNISllINQ QOODB' Ko. 814 CHESNUT Street, FOCH DOOB8 B-ELOW IUE "CONTINENTAL. 17rp PfilLADJELPiiLA. pATENT SIIOULDER-SEAM BIJIRT MANUFACTORY. AND GENTLEMEN'S FUKKISIIINQ BTOIiB. PEHFECT PITTING SUIRlS AND DRAWEB made irom measnrenient at very short netloe. All other aillclesof OLMLEilAJi 6 KliittiS GOODS In lull variety. W'LNCHESTEB A OO, 11 15 Ko. 796 CHESXUT Birent! LUMUtR. 1867.-astanIhite riKE 4, V4 8-4. a, 2i. and 4 Inch CHOICE IAN EL AND IsiCOMWoN. I'HfpetlonS, . 4-4, C-4. 6-4, a. 2X, i and 4 inch. WHITE PlAr.PAr.EL UTIKKN PLAwK LAhUE AUD SLPEKlOB ITOCK ON UA-Ni) 1867."" iiLDii o I1 'BUILDING 5-4 CAKOL1AA FLutHtlNol 4-4 1I-L WAKE HX()M(,j. f-4 HELAWAKE FLOOWNO WU1TK. PINE KLOORlMrt " ASH FLOOK1NU. WALNUT FLOORING. SPRUCE FI.OOhlNO. STEP BOARDS. RAIL PLANK. PLkbTERIISG LaTH. 1867 17-CEDAR AND CYPKESSK, SH1NOLKH. LOMI CEDAR snrNnT.wa fciiORT CEDAtf SH1M.LES. COOPER bHINGLEH. flKE ASSORTMENT FOR HALE tOW. No. 1 CEDiR LOGS ANI POHTS. No. 1 CEDAR LOOS ANU POSTS. 1867 LUMBER FOB UNDERTAKERS t rnniRLD anu itic i.i. u u t. . , m - - -" " aw. " n IT 1 1 nr. ii - r.iiA u, v a i.o i i, ajm u riNK. HE 1 CEDAR WALNUT, AND PINK. i QAT ALBANY LUMBEROP ALL KINDS J.OO I AXBAAT I.UJUHEK OF ALU iUiil SEASONED WALNUT. , SEASONED WALNUT. DRF . 4JPLAB, CUERRI, AND ASH. OJOi PLANK AUD BOARDS. MAHOGANY ROSEWOOD AND WALNUT VENEKR8. 186' f7 CIGAR-BOX MANUFACTURERS. I . CHiAR-HOX M ANUKACTUREH. HHAM.slI CEDAR BOX BOARD. i QAT SPEUCE JOIST l BrETJCE JOISTl XOO I SPRUCE JOIST SPRUCE JOIST, FROM 14 TO M FEETLOWO. FROM 14 TO 81 FEET LONG. SUPERIOR NORWAY BOANTLISTO. A4AI LE. BKOl hfcK CO., 11 12 fimrp ho. iMiO SOUTH BTEUKT. p. H. WILLI A r.l Gv LUMBER, Seventeenth and Spring Garden, PHILADELPHIA.' fl 1 29 thst 02a J C. P E R K I N S, ' LUMBER MERCHANT, Successor to B. Claik, Jr., NO. 324 CHRISTIAN STREET. " Constantly on hand, a huge and varied assortment e Hut QlCtf Lumber. ( u CUTLERY, ETC. CUT L E It Y. A fine assortment at PoriKFT mn.A TABEE CUTLEKY. RAZOK8, KA ZOR STROPS. LAI3IKH' MniKkOkH FAl'EB AM TAILORS SHEAR, FTC at L. V. HKLMOLTVS Cutlery Store, Ko. 1S koutb TENTH street t 1353 Three doors above Walnut' ' FIRE AND BURGLAR PR OOF SAFES' gVANS & WATSON MASCFACTCEEE9 OF FIRE AND BURGLAR-PROOF SAFES DESIGNED FOB Baa It, Mercantile, or Dwclllac-IIoaMO Established Over 25 Tears. Over 24,000 Bata La Uae. Tbe only Safe with Inaide Doora. Never Lose their Fire-Proof ftualiry. Quaranteed free from Dampaas. old at Prices Lower than other maksn. W'AhEltOOxllS i No. 811 CIIESNUT Street, fiiILAIELFHIA. U SADDLES AND HARNESS. " 3UFFALO ROBES, LAP RUGS, HORSE COVERS. A Urge assortment, WHOLESALE OB RETAIL u " trees, tonetherivith our osi'SJ vsortruentot 8ADDLEBY, ETC. WILLIAM S. HANSELL & SONS, 21J Ko. 114 MABRET Blroet. HORSE COVERS, tiUt t ALU KUiU, LAP BUGS. ANGOLA MATS, BELOW MARKET BATES. KNEAS8 t OO, o. 631 MARKET Btreet Life-she horse In door. cJmeu(1ee; l Jt II. B U R P S A L Ii ' S CONFECTIONERY, ICE CREAM AND PINING SALOON3, No. 1121 CIIESNUT St., GIHAED BOW. FBUIT AD POUND CAKE9 of all slzss, with laruv as son lo cut of C0KEEC1I0SEUY, etc., tortha liOLlDAVb. 12 18 Imrp . PII1I.APR1.PHIA RITRfllPAXTU n KklTT, ihi thirty Tears' l.r.il. Mi ..,,.uu tuarautee tni k i.-iul adiu.imeni ol tl rreuilun Pau'iit t.raduatinic I revhuie Irusa, and a variety ol Clhtr. rmortera,ElBf,l:oMitkliias,HUouluer hraoea Crutcho,, (uaneuaoi'lvs, etc. Ladiis1 apirtiuanW " uv;td t'jr a l.adj.