riBUIHICD KVKRT AFTERNOON
tTIATa EXCEPTED),
AT TBE TVr.slhQ TELEGRAPH BFILDINQ,
No. I OH B. Third Street.
Price, Trr Oats Tor Copy (Double Sheet), of
Elahtecn Cents rer Week, payanle to the Carrier, end
Bailee to Subscribers out of the city at Ktne Dollais
jer Annnmj One Dollar and Fifty Cent for Two
Mentha, lnvar'ab.y In advance for the period ordered.
THURSDAY, JANCAKY 10, 1807.
The Corruption ot the Veto.
Toe President devotes nearly one-hall of his
veto message rot to a discussion of the
measure which he had vetoed, but to a dis
cussion of the veto power Itself. lie doubt
less Instinctively feels that his persistent and
repeated use of that power Is well calculated
to arouse the pcoplo to a full consideration of
Its essentially autocratic and anti-republican
Character. 'J o Justify it, he appeals not to the
plain and unmistakable teachings of ex
perience, but to the theories of our early
writers.
But we all know that one fact Is worth a
whole volume of theorizing ; and we take it
that our national experience has demon
strated that the veto power is generally used
not so much as a check upon hasty and
inconsiderate legislation, as It is to thwart
the will of the people, and to set up the will
of the Executive in opposition to that of
Congress. Mr. Johnson's vetoes have all
been of this class. They are deliberate
attempts to frustrate the known and ex
pressed will of the people. And in this
sense their exercise is most despotic and
corrupt. It is one man assuming to be wiser
and better than two thirds of the Representa
tives of the people; one man stubbornly
arraying himself against the voice of the
nation. No crowned ruler in Europe would
dare thus to defy the popular sentiment of his
people.
The truth is that Mr. Johnson, since his
accession to the Presidency, has attempted
to usurp the functions of the Legislative
branch of the Government. His attempted
formation of State Governments in the
Southern States was an open Invasion of the
province of Congress. He assumed to enact
laws lor his rules and regulations in regird
to the formation of those so-called State
Governments were of the nature of laws.
Having usurped the functions of the law
making branch of the Government, he has
since been active in endeavoring to thwart
all legislation which did not conform to his
"policy," thus illegally and unconstitutionally
inaugurated. And to cover up his own
usurpation of power, he resorts to the dodge
of pretending that the nation is in great
danger from its representatives. Thus he
sends in veto alter veto of every important
measure that Congress has passed bearing in
any way upon the great question of recon
struction. He appeals to the people in their
. L J XI , 1
primary capacity; anu mc people overwneim
ingly repudiate him ; and yet ho attempts to
override the popular verdict. In short, by a
gross prostitution of the veto, he attempts to
exercise despotic powers.
Well may the people grow suspicious and
restive under the exercise of a power so
utterly opposed to all the principles oi a free
government bo essentially autocratic in its
character. Who shall dare say that Andrew
Johnson is to-day a better man, in any re
spect, than any one of the members of Con-:
gress comprising the two-thirds and more
whose legislation he so systematically attempts
to nullify ? If not, why should his judgment
and his wishes stand against that of two
thirds of the people's representatives ?
Perhaps it was necessary that this carrupt
use of the veto power should be made, that
its dangerous character might be the more
clearly realized by the people. In several of
the States the veto power has already been
reduced to that of a mere check nnon haslv
legislation, its effect being only to send the
bill back for reconsideration by the Legisla
ture, but not to require anything more than
a majority vote to finally pass it. Such a
modification of it retains all that there is
good about it, while it divests it of that arbi
trary, despotic, one-man character which,
in Mr. Johnson's hands, is making it so offen
sive to the people and so dangerous to re
publican institutions.
An Error.
The North American, in commenting upon
the passage of the District Suffrage bill, says
'this 1b the first instance in the country in
' which the suffrage has been conferred upon
colored men upon the same terms as upon
white men." Our usually well-informed con
temporary is mistaken in this assertion. At
the time of the formation of the Federal Con
stitution, colored men possessed the elective
franchise upon the same terms with white
men in some five or tlx of the original States.
In our neighboring State of New Jersey
colored men had the constitutional right to
vote trom 1778 to 18-14, although Illegally and
vpimfBiYciy uvpuveu oi me exercise oi mat
right by act of the Legislature in 1807-8. In
Massachusetts, and we believe in all the New
England States except Connecticut, colored
men have voted for years on the same terms
with white men. The policy Just inaugurated
in Congress is not altogether a new one, but
is a return to the more liberal and truly re
publican precedents of the earlier days of the
j republic.
. Education Among me i reeomen.
Wit. learn, from a speech recently delivered In
South Carolina by General Howard, that
there are now over 150,000 colored children
being educated in the late Rebel States,
According to our conservatives, these 150,000
children would be better off in their old con
dition of slavery, preparing to bring good
prices on the auction-block.
TOE DAILY EVENING- TELEGRAPH. PfflLADfifiPlirA, THURSDAY,
How the rrM'dnnt Would be Impeached.
Tue action of the Republican caucus and the
adoption of the resolution of Mr. Ashley, of
Ohio, by the nouse, render It at least possi
ble that the long-mooted question of an Im
peachment may actually be brought before
the country. T he decision of the House, that
any resolution preferring article should go
rather to the Judiciary Committee than to
one especially created for the purpose, would
lead us to believe that the matter will not be
considered either in a crude or hasty manner,
and that the entire question will receive that
calm and impartial deliberation which iho
magnitude of the interests Involved demands.
In view of the probability of the issue being
made, we will devote a short space to
the consideration of tbe mode of procedure,
as illu&trated by the various precedents in
our own and British history.
That part of our Constitution which gives
to a majority of the House of Representa
tives the power of impeaching the Presldont,
is taken bodily from the constitution of our
Anglo-Saxon ancestors the House of Com
mons having had the same power Bince the
days of Simon de Montfort. The majority of
the.House are the judge of whether the Execu
tive is guilty of any crime which warrants his
impeachment. They can prefer articles
against him for any offense they see lit; for
the limitation, of "high crimes and misde
meanors" is really no limitation at all. They
are the judge of what constitutes a "misde
meanor." The reason that such power is
lodged with them, and yet the right of trial
withheld, is stated by Blackstone : "Of these
(articles of Impeachment) the representatives
of the people cannot possibly Judge, beause
their constituents are the parties injured, and,
therefore, can only impeach. But before
what court shall the impeached be tried?
Not before ordinary tribunals, which would
naturally be swayed by the authority of bo
powerful an accuser." As a consequence, the
trial Is made before the officers whose length
of term renders them least liable to the con-'
trol of popular feeling. Another reason is
found in the fact that the technicalities of a
legal court would enable a high criminal to
escape through some quibble of the law, as
the case of Burr abundantly testifies.
The manner in which the present trial will
be conducted, if It actually occurs, will proba
bly be nearly the same as in the case of Justice
Humphries, who was convicted in 1863. The
House Judiciary Committee having reported
that, in their opinion, the President has been
guilty of "misdemeanors" which warrant an
impeachment, the House will adopt their
report, and a motion be made to appoint a
special committee to draw up articles of im
peachment. This committee having dis
charged its duty, the House adopts the arti
cles of impeachment, and appoints managers
to conduet the prosecution before the Senate.
As soon as these managers have preferred
the articles of the House, the accused is sum
moned to appear. At this stage it is a mooted
question whether the Executive continues to
act as President, or whether he loses all
power until after he be acquitted. The pre
cedent in the case of the Earl of Stafford
favors the idea of his removal until after
acquittal, as that was the mode of procedure
in the case of that nobleman. But would
the founders of our Government give the
power of suspending a President into
the hands of a mere party majority of
the House ? And cannot a more, majority,
under such circumstances, incommode the
Government by delays, and prolong the pro
secution for partisan purposes f The point is
a iloubtful one, and there is no power which
is authorized to settle it, so far a3 we can see.
1 he return having been mado to the Senate,
either by actual appearance of the accused,
or by attorney, or by refusal, that body lis
sworn to act as J ustice dictates, and the pro
secution begins. Two-thirds of the Senate is
necessary to secure a conviction. A nice
question is raised in regard to the trial.
Suppose the present House should prepare
articles, and the Senate not conclude ite
trial by the 4th oi March, would the trial fall
by the expiration of the Senate, or
would it continue? We think, beyond
all doubt, it would continue uninterrupted.
The death of a Judge does not remove
any cases before his court. But the Senate
does not die. It is a continuing body. By
the provision which called it into life, two
thirds of its members always continue in
office. Hence, it is not affected by the ex
piration of the term of the lower House. As
a precedent fOr this opinion, we have the case
of Warren Hastings, impeached in 1788,
whose trial lasted seven years, and the final
vote on his conviction was participated in by
but one-third of the Lords who were present
when the trial commenced. We cannot but
view this as a conclusive precedent.
If the Senate finds the Executive guilty
of the charges, he is removed; and the ques
tion arises, Who will be .his successor ? The,
President pro tempore of the Senate seems
to be generally considered the gentleman on
whom the Executive mantle would fall.
But Mr. Poster's term expires on the 4th of
March. Hence, whoever will be elected Pre
sident of the Senate, will be President of the
United States until the November after his
accession to office. On the first Monday of
November a general election for President
and Vice-President of the United States
will be held; bo that if the Senate should
remove the President, we may have a Presi
dential election in 1807 instead of 1808. Such
is the routine. We do not pretend at present
to eay whether an impeachment; would or
would not be advisable ; but taking the cases
of Stafford, Hastings, Melville, and Judge
Humphries, we have Bought to point out what
will occur, should the J udlclary Committee see
fit to report In favor of the preferring of
articles against the Chief Executive.
True Misflomi Senator. Th telegraph
reports Hon. Charles D. Drake as elected
Senator from Missouri. We presume, the
vote referred to is that of the Republican
caucus of the Missouri Legislature, and not
that of the Legislature itself. It, however,
secures his election.
Mr. Drake Is one of the foremost lawyers In
the West; a man of great ability and force
of character, and of the iadlcal stamp. He
will prove a valuable accession to the Repub
lican side in the Senate. We shall be disap
pointed if he does not immediately take a
commanding position in that body.
Bulb Passed fob the Admission of
Nebraska, and Colorado. Tbe Senate
yesterday passed bills for the admission of
both Colorado and Nebraska as States," but
with the proviso that no distinction of civil
or political rights based on color or
should be made among the citizens.
race
SPECIAL NOTICES.
jggf- newspaper advertising.-joy,
COE A CO., Agents for the "Telegraph,"
and Kewspaper Press of the whole coun'ry, hare BE
MOVED from FIFTH and CHEBkUT to No. 144 8.
PIX treet, second door abore WALNUT.
Office :-No. 144 B. SIXTH Street Philadelphia I
TR1BUME BTJILDlSQg. New Tort. 7S0J4p
IW "UNIVERSAL SUFFRAGE
TUG NEW LECTURE
or
RiV. HENRY WARD B EEC HER,
IK THE
ACADEMY OF MUSIC,
TIIVHSDAY, JANUARY 10.
TICKETS NOW ON SALE AT TRTJMPLEB8
MUSIC STORE, SEVENTH AND C11E8NCT
BTBEETS. 1 8 3t
TICKETS FOB RESERVED SEATS, 75 CENTS.
TICKETS FOB UNRESERVED SEATS, M CENTS.
ftT HON. J. R. O. PITKIN. OP NEW
XJ ORLEANS, wHl deliver the Third Lecture of
the Course, under the autiDices of the SOCIAL CIVIL.
AND STATISTICAL ASSOjIAlIuN, on IIiUB-DaV
KVKN1NG ..anuary 10, nt NATIONAL, HALL,
MAHKiT Rtieet, above Twelfth. Subject' i he
Jk odern Purlian "
The BLAl K SWAN will tarnish se'ectlon.. Slntfe
Admission, 34 con 18 Doors opon at 7 o'clock: to coji
mence at 8.
'licktts mar be had at T. B. Pngh's Bookstore, No.
607 CUKSNUT (itreett Methodist Book Depositor?
Arch street above Tenth ; and at the Hail.
Season Tickets tor tbe Course (Eight Leo ores), as.
. WILLIAM BTlLli, Chairman,
No. 1218 TV A8BINUTO S Avenue (i oal ottlce).
J. O Willi' 8b..
FOUBTH Street below Willow,
J. HANKIN80.S.
.... GULIELtf A Htieet,
1 4t Committee ot Arrangements,
FRIENDS' ASYLUM FOR THE IN
Jrr . SAKE, near Franktoid, Twenty-third Ward,
Philadelphia.
Dr. J. H. WORTniPOTON. Superintendent
Application lor the admission ot patients may be made
to the Superintendent, at the Asylum, or to either ot
the undernamed MANAGERS :
Samuel bettte. No. 119 N. Tenth street. '
Charles ELis, N. E. corner Seventh and Market
streets.
William BeU'e. No. 428 N. Hlxth atreet
Horatio C. Wood, No. 11 Chesnut street
John ('. Allen. No. Sits S Fifth street .
John Carter. No. 329 S.Twe tth reel.
John M. Whlta'l, No. 410 Face street.
Mark B alders ton. No. 320 N. Sixth street.
Richard Richardson, No bit Arch street
WistarMoriis.No 209 9. Third street
Samuel Morris, near Olney.
Klllstou p. Morris, Germautown, and No. 805 Mar
ket street.
Nathan Hlllcs. Frank 'or 1.
David Scull . No. 615 Arch street.
Wnllam Kinney, S W. corner of Third and Vine
streets.
William B. Cooper, near Camden, New Jersey.
Samuel Emlen, Germantown, and No. ill Market
street.
Howard Tarnall. No 922 Mount Vernon street.
Krancia B. Cope, Uonnantown, aud No. 1 Walnut
street. 1 10 3m
IW2
OFFICE OF THE DELAWARE
MUTUAL SAFK1Y INSURANCE COMPANY,
j-tiiL.AUKL.niiA, uanuary tf, loot
At an election for Directors, hold at this offloe on tue
7th Instant, the following-named gentlemen Wore duly
Thomas C Hand.
vuvrou iv ovi ,j i ur me vubuiiih j tsar
James Trariaatr.
Joseph fl. Seal,
dward Darlington,
Edmund A. Courier,
Theoiihilus Paulding,
Hugh Craig,
John C Davis.
James C. Hand,
John K. Penrose,
11 Jor es Brooke,
Spencer Mcl Ivaln,
George G. Lelper,
llenrv Hloan.
J tines II. McFarland,
Wl.llam C. Ludwi,
Jacob P. Jones,
Joshua P. Evre,
William C. Boulton,
Henry C. Dallett,.Jr-,
John D. Taylor.
Edward Laiourcade,
Jacob Riegel,
George W. Bernadoa,
D. I Morgan Pittsburg.
John B. Rum Die. I'ltmbmg,
Samuel E. Stokes,
A. B. Merger, Pittsburg.
Aud at a meeting of the Board or DlrantoraholJ this
dav,
THOMAS C. HANO was unanimously re-elected
President,
JOHN C. DAVIS Vlce-Pr sldent, and
HENRY LYI.BURN, Secretary. 1 10 at
BCaUT' A SPECIAL MEETING OF THE
Board of Managers of th ALUMNI ASSOCIA
TION of the CENTRAL HIGH SCHOOL wlllbeheld
THIS EVfc NING. at corner ot BBOAD and GREKN
Streets, at 8 o'clock. Every Member Is expected to be
Dissent Hoc 1 1 on of Speaker to supply the place of
James Lynd, Esq., resigned.
E- II. D. FBALET, President.
B. FaAnk Abdett, Secretary. It
EST
NOTICE. PUBLIC AND ANNUAL
Meetlntr of the Hnmn for Acred Pnlnred Peon la
will be held on MIX I'll DAY (Kriduv) evening, 11th
lnslant, at LIBf.BT Y HALL LOMBARD Street, below
ElKhth,at7 o'clock. AUdiessos by E. II. CO.U EH and
otbersJ 1 9 2t
PROFESSOR BLOT'S LECTURED.
Two more lectures wl I be delivered this week.
on TCEr-DAY and FRIDAY, In tae Assembly Building,
at 11 o clock A.M. 17 mtlLit
PHILADELPHIA AND READING
RAILROAD COMPANY. Oinc tin 24J 8.
FOUBTU Street.
PnrtAT)ELPHi, December 13, 1868.
DIVIDEND NOTICE.
The Transfer Books ot this Comoany will be close!
on TUESDAY, December 18, and roopeuod on TUt-3
DAY. the 16th ol Janumy next.
A Dividend of F1V E Pi R CENT, has been dec'ared
In the Pre erred and Common Htock, clear of National
and State taxes payable In oash or common stock at
par, at the option of the holder, on aud alter tbe 31st
lusiaot to the holders thereof, as they shall stand
reniftered on the books ol the Company, on the ItUh
instant All payable at this office in Phlladelohia.
Ibeupt'ci as to taking stock for this dividend will
Cease at tbeclose Ot business hours oa Saturday, 3luti
Match next
All orders for dividends ittdst be witnessed u2
stamped
12 14 25t B. BHADFORn, Treasurer.
DEPARTMENT OF PUBLIP HffiH.
WAYS Olllce Ot Chief Onmnlul,,... k-lirin
Stree', west side, below Chesnut. '
, . . . Phu-aoklphia. January 4,1867.
Notice is hereby glveu that the auuutl newer Rents
now due the city are payable at this offloe (les. ae per
cnt) until April 1, 18j7. office hours iroiu 9 o'clock
A. .VI., until o'clock P. M.
THOMAS If. TBIOL.
I 8tntbs3t Lleenio Clerk.
B32T
UMTED STATES TREASURY.
wrw, l'UIlAKU-iHA. 1867.
Holders of twenty or more 7 8) Cou
Januarv IS. can Dreent them at tbu i
lpon Bonds, due
Otlloe lor count
and examination, previous to the IMh m.i .
Checks
for the same will be Issued on the 15th instant
...... ' MOK.IHBIN,
1 9 8t Assistant Treisnror United states.
SHAMOKIN COAL COMPANY.
Pllll. ATEr.PII T 1 bL..mka. (Ml lutJt
The Annual Meeting of the Stockholders of the
SHAMOKIN COL COMPANY will be he'd at their
finite, No. 2-28 WALNUi Street (Room No. 3)7on
Wr DNKSDAY. January 16, lwj, at U o'clock, to elect
Directors tor the ensuing year. '
The Tianstr Books will hectored on and alter the
25th lii'taut
12 22 m CHABLES B. LINDSAY, Secretary.
SPECIAL NOTICEO.
E..MF:RCANT3, FUND.-TIIE ANNUAL
Meeting of the Merchant' Fund will be held al
the Rooms p the Board of Trade, on TUESDAY, lh
Inst , at 4 o clock P. M.
An Interesting report will be presen'ed by the Board
of Managers. 'J he ontrlhators to the Fund, as well
as a I others Interested In the benevolent obei t of the
AMuviHivu, icit-"ieuiiuiir n.viieq 10 be present
t Wl'.'i' BACON, Bepret
arr.
4 llllIDIFUI.. VM1U.TJ V, ntt.
I UMtlp
MISSIONARY MEETING. -A PUBLIC
i-i7 inh-l ni.ii ,,l,A'f?.Lorelim ""Ions will be
held In the iIR.1T ItAPI'lHf OliURCil corner of
BK MU and AROU streets, Thl, Evening, at Vt
r?!1?. .b. 1rtr,'",il R"V. EUUENIO
'ui,? ilonery from Hiirnieh.andRsv. r.
A.DOLtJLAhH. MIsMonar? from Nellore. Tbe Meet
li gwlllbe of deep Interest to all the trlenda ot mil
sions to the heathens.
tST,
FIRST PKESBYTERIAN rnfTRrtt
BUTT NWOOI Street, helnw Hl.m u V
A SHFPIIERD. D. P.. Fustnr. Week of prayer. Ber
vlea every evening this week, except Saturday, com
mencing at 1H o clock. All a'e Invited. 19 a"
Wj&Tm OFFICE OFTHE TJNTOV PAEN(JER
SX,1' J'AY tOMPAN Y.TWENIV.THIBD and
BBOWN Streets,
rnn.Ar.F,i,pniA January V mi
The Board of Directors have this day de
dared a
share (cb ar or tax), payable at this ofllce on and aitsr
MONDAY, 14th Instant. The transier books will he
closed on Wednesday, !Hh Instant and opened on the
14Jh. W. H. fer.MBLK.
1 8 ljt . Treasurer.
OFFICE OF THE FRANKFORD AND
PHILADKI PFI A PAP.HkNUF.k HAll.Wii-
COMPANY.No. 21M FRANKFORD Koad.
Philadelphia. December 2T, 1888.
Al persons who are tubserltxra to or bo ders ot the
Capital Stock O' this ompsny. ana who have not ret
pala the 1 hi RD instalment of FiVR I'OLLAKH per
share thereon, are hereby notlflsd that the said Third
Instalment has been oalled in.aod that they are re
quired to pay the same at tbe above ofllc on or before
bATUHD AY, the 12th dny of January next 1857.
By Resolution of the Hoard of Directors.
12 28 12t JACOB BINDER. President.
ITDJ- OFFICE OF THE NORTlTENNSYL.
uVstrt11'80
. . , m, Philadelphia. December 27, 1W8
The Arnual Meeting of the stockholders ol the Csorih
Pennsylvania HaHroad Company will be held at the
Oil ce ol the Conipsny, No. 407 WALtUr Street Phila
delphia, on MONDAY, January 14 18i7. at 12 o'olock
M., when an election will he heid lor a President and
ten Directors, to serve for tbe ensulna year.
12 28i4t . ED W A BP ARMBTROaO. Secretary.
OFFICE OF THE SEVENTEENTH
AND MNKTF.EFTH STREET'S PAHMPMMirir
RAILWAi COMPANY.
PrniADKLPRiA. January 2, 188T.
Notice U hereby given that the Board ot Directors have
this dav dec areda dividend of ONE DOLLAR per share
clear of all taxes, payable on " id alter the lMh lust
1 4 8t MLAS YEBK.ES Jb . Treauror.
jrSjT" OFFICE OF THE SECOND AND THIRD
STREETS PASSENGER RAILWAY COM
PANY, No. 2453 FBANKFORD Road.
t , , . Philadelphia, January 2, 1W.
The Board of Directors have this dav declared a divi
dend ot ilVE PER ( EMI , clear ot taxes payable on
or alter the 14th Instant. E. A. LKSLE Y,
.19 " Treasurer.
PREPARED OIL OF PALM AND
MACE,
FOB PRESERVING, RESTORING, AND BEAUTIFY
ING THE HAIR,
And Is the most delightful and wonderful article the
world ever produced.
Ladles will And It not only a certain remedy to Restore,
Darken, and Beautify the Hair, but also a desirable arti
cle tor the Toilet, as It Is highly perfumed with a rich
and delicate perfume, Independent ot the fragrant odor
ot the Oils of Palm and Mace. '
THE MARVEL OF PERU,
A new and beautiful penume, which, in delicacy ot
scent, and the tenacity with which it cllngft to the hand
kerchief and person, la unequalled.
The above aaUcies for sale by all Drugglats and Per
fumers, at 91 per bottle each. Sent by express to any
address by proprietors,
1015mwi3m4p T. W. WRIGHT 4 CO.,
No. 100 LIBERTY street. New York.
BATCHELOR'S HAIR DYE
THE BEST IN THE WOULD.
Harmless, reliable, instantaneous. The only perfect
dye. No disappointment, no ridiculous tints, but true
to nature, black or brown.
GENUINE IS SIGNED WILLIAM A. BATCHELOB.
ALSO .
Regenerating Extract ot Uillefleurs restores.preserves,
and beautifies the hair, prevents baldnens. Hold by all
Drugglai8. Facton No. 81 BARCLAY St. N. Y 384
fiffft STEINWAY
& SONS'
Piano Fortw.
Grand Square
STEINWAY 4
and Upright
SONS' direct special attention
to their newly Invented
Uptight" Pianos, with
ineir Jieienator" and doubts Iron
rame. patented June 5, 1868. This Invention
cpusbts In providing the Instrument tin addition
to the iron Irame In front of the soundboaid), wltn an
Iron brace Home in the rear ol it, both tram's being
c as' in i ne pi ce, thereby imparting a solidity of con
strtictlor and capaolty ot standing la tune never before
a t tallied In that class o' instrument
The soundboard is supported between the two frames
by an apparatus regulating its tension, so tlut the
greatest possible deuree ot sounl broduclng caXaclty
Is obtained and regulated to the nicest desirable point
J lie great volume and exquisite quality of tone, as
well as elasticity and piomptness of action, of these
new Upright l'ianos. have elicited the unqualified ad
mlrat.on of the musical profession aud all who have
heard them.
BLASIC8 BROTHERS confidently offer these beau
tiful instruments to the public acd invite every lover
ot music to call and examine them
Every Piano is consiructcd with tholr Patent Agraffe
Arrangement applied tlliectL to the lull Iron Frame.
for sale only by BLA81PH BROTHKBS.
12 27 lm4p No. 1006 CHESNUT Street.
FINANCIAL.
SEVEN-THIRTIES.
WE CONTINUE TO C0WGB.T &.LL I83rjB
01?
8EVEM-THJRTSES
INTO FIVE-TWENTIES,
And at tlila time holder of T-30a can
make the exchange at a Profit by taking
the January and July tue of 5-30.
JAY C00KE & CO.,
No. 114 South
1 5 12t4p
THIRD St.
RATIONAL
BANK OF THE REPUBLIC,
Nos. 809 and 811 CHESSUT Street!
PHILADELPHIA.
CAPITAL $500,000, KILL PAID-
. DIRECTORS.
Jos. T.Bailey, wm.JT.rvien, F am. A.
Edw. B.Otne, Osgood. Wtlaa, Fred. A.
Nstba HUles, Ben.Rowlana, Jr. Win. a
PRESIDENT,
WILLIAM II. EHAWN.
CASHIER,)
JOSEPH P. MUMFORI?,
Vfm. JSrvlen,
Blspbant
Hort,
Ihawal .
CIO JI 3 in
J) A VIES BEOTHERS,
No. 223 DOCK Street,
BANKERS AND BROKERS!
BUT AN" BEIi,
UNITED BTATEB BONDS, ALL IS TJE8.
AUGUST, JUNE, and JULY 7 8-10 NOTES.
COMPOUND INTEREST NOTES. u
AUGUST 1 .10 NOTES OONVERTE INTO TUfl
NEW -20BO4Dg,
V ere an tile F aper and Loans on Collateral! negotiated
Htock. Bonslitaua Bold on Ctiipjliwioa. ' 131
JANUARY 10, 1807.
K'NANCtAL.
BANKIK'G HOUSE
OP
jAYC00KE&fQ.
112 and ill 3. THIRD ST. POTLAD'A.
Dealers la al Goveranust Earoritiei
OLD 5 -20s WANTED
IN EXCHANGE FOIt NEW.
4 LIB El AX DUTKRKNCl ALLOWED,
Compound Interest Uotea Wanted
arraaEST allowed oar deposit;
Coliectltra made. StocUa boastit siidnolJ on Com.
hiipsion. ji 24,iir,4
Special bnnlncas Mcommodatlona reserved for ladies.
7-30s,
JUNE, JULY, AND AUGUST,
CONVERTED INTO
5-20s
Without Charge, and Blstrket Difference
la Price Allow,!.
5-'40 Delivered t Oace.
DREXEL & OO.
I 8 tOtip
7 3-lOs,
ALL SERIES
CQNY1OTEJD INTO -
5-20s of t865f January and Jul v,
WITHOUT CHA1RCE.
B0ND3 DELTVEaUD IMKED LATELY".
DE HAVE BROTHER,
No. 40 S0UTII THIRD St.
NATIONAL EXCHANGE BANK,
Capital $300,000, Full Paid,
HAS REMOVED TO IT
NEW BAINKBNC HOUSE.
Nos. 633 and 635 CHESNUT St
A, BCIVD President
Jo a a W. 0'ii.iii'Ci,ri,Ciii(hier. HJ
"yiLLIAM. PAINTER & CO
BANKERS
3G South THIRD Sc.
No.
jrjivxx,
Jt)CV, avid
AUGUST
7-30
co tv vEarsD into fiVe- c w e sties,
And tha Diftteroaoe La Market Price Allmel.
BOMDft DEUVEPED IMMEDIATELY. CH23m
SfLccaujilJL af gcuifc-i. cuid.
anJczLX Leceuued cjl littjeLal
tzLtnA.
EJIOIITU QUARTERLY REl'ORT
OF THE
CENTRAL . NATIONAL BANK
OF PHILADELPHIA.
tUtfuaar I, m.
EESOtTECfib.
Ellis tiiseontited il.lM.SOO-eO
United Mates bonds deposited
at Ws UiDKton 910,00090
Dnitea Htatea Ilond. and tto-
curitiet oa band 048,209-63
neiriftnd Loans 8T8 40 00 ' '
Due br National Hauls 2;i.A5H'J
Legal t'nder Aotes 906 8ti6 59
kuUoual Bank otun...., 23 8U3 00
1,530 DfW-41
EsroDoea and Taxes ,,,, 7,6b0 i4
4.031,747'1i'
LIABILITIEB.
Carltal Stock er.sa ooo-oo
O Irou 1 tition 6l,000 00
Hnri.lus Fuud a;5 Cmo fO
I'roOtM 15 148 77
. 110,949-77
4,591.747 71
111 cashier.
FINANCIAL.
Till!
67.
kj hkllQHAl. liXCUANOK BANK
l'"'i ti'Hi.iiiiA, Janiarr I'
l osns and rtlvoo ita
I'nitedHtatc Bomhi iih i Hl "
to wcuro clrou a Ion 2oD nMOA
United Mai Ilond. with i reaVurer
tt hn,iiir flttnr,ulla
fulled Males Uonds' on liani.'! .'
Dtie ftora Itank and Brokers.,
Lcial-terider ote
National Bank ots
hpec.lo
Ki ll lioins ,
Premiums ,
( urrent t xien(ie
Ileal Kulalo
Furailiirn Fixture"
100 OflO 04)
(Ki.UO't
7N)
.01
ii
raw
Wl? I
in
,i'-w
0 10
l23 M
1A HABIMTIFH.
Oapltai. ... WOti
Hurp as Pnnd 7ftt)-tW
irculHtion IRti.w
Jep"it?. nett biO.'. :t
Mie to lianas and Hankers fc.Ktir, W
uuui auu rrjni Mia Lon ., U.1W4
81 I'll
Ol . l'liijAdil- t
Natlimnl Rt-
8pnT.ff.8F PENN8tl.VAiIA-city
1.1 J W. UllTiriTIOIt rhiA ik.
eliaodo Bank o l'ht a -olplila, do anlemnlf .wear tuat
nr..; njimitui u irue, io hi tiet ni mrknow
'V'fS beltcl, J. w. olLBOilM,
l'S Cashlef.
Q
UARTERLY REP. OB
nt? tiio
NATIONAL BANK Of TUB BTCPDBLTC.
PHiLAr.Ri.PHrA, Jaauatr 7 j'
Minted........ 17J 810 21 V
Notes and bills discounted.
United MHte Itliniia onn.lia'
with tbe ltevurer of tbe United
r, I nw.twww
United btaios Bonds on baud DM W'-vQ
Lf Ral-tf nfler Kotoa fm H47 W
Rational Bank fcote. is 5in 00
Iuo Irom otlir banks 275 4C7 li
Fractional currency and canh
Itejua.. 6109-24
a74,Blll-iUs
BanklnR-tiuune
Fui nllUre an J flatuies...
Premiums.
Eapeates and taxes
81,ftH It
68 2
27 If
21 -n t
17 12o
Total.
V
.1,84,1IM)
LIABILITIES.
BiHiai nrock.imltpi.ld 'W.00lr
AepuRits. urosa Sir. 64.1
."''."'"onoutglandlug .na wti r.
ProfllB U2tl
Totl.
,1,5!8 1M-04
rb.vB.Iip.pu?10' d0 0'ennly iwear that toe
Sn5 SV.;.teiuent ta to tue best of n kmowiedM
and oeliei.
i o blip
JOBErn P. MTJMFORP. Casbier,
TXIH PHILADELPHIA NATmiM at. ni vir
At ihA t,, ''Hit-ADKLPHiA, Janutry 10, lga.
following btockbolders were elsotod Director, of tbe
THOMAS ROBINS,
UTrHAiin wnnn
njijnuf.!, V 1. 1 Ii .
MAH8UALL HILL,
J LlVINCS. liKBINOrB
EDWABD 8. CLARKE.
AUOUoiriS HKaton
N. PABK. 8HOiBUia.
FD. T TOWNHKM).
FRANK L. B01liiJJ,
KKNJAWIN B
'Uijrfl'S "r directors held onlhelhla
aTO, o??bBe1BSnkE8l t W"
1 lost n. n. rcfMrnya p..hi
UNION NATIONAL BANK,
.i r I'HitAOKtpntA, January 10 1HT.
it...?? eIfOfonfor Directom held on theHtb lastaat.
tn following atooknoldera were eieotcd (oi tbe ensuing
TA V1T F XIHT,
WM H. 60WFlV.
ROBEKT D. WOBK.
M. S. BOH AN, '
of.oiiof. w nr innig
N. C. MrHET.MAH.
J ESSE KIKOEI,,
PLTER IKIJKR.
L. J LtBKltaAK.
D?viiVt7rmTDfrfr ,orff;'on he'd tlil dav. Mr.
liJt y. C. IK TJeiSKL VAN, Cashier.
COMMONWEALTH NATIONAL .BANK
AhA i Dt P"""ApRiPHiA January 10 , I8C7.
. n,i. . f, ciBiiiiuu uaiu on uie titu instant, the
Bankt SObNemen wore elected Directors of tlila
HOBKRT MOBItlS,
flHABLI'H F HOHTOS,
B.K.A8HTON.
H. N. BUHKOUGH9,
IV A TJ I v
H.V.OB AT, .
K. P. MITCHELL,
pa nr. i irr.iT.i,
JOHN WA V AMAJTlEB.
J"""" ,,1B "oara neia tnis aav, ROBEBT
wa unanimously re elec led President,
snd t HAKLkS F. NOETON. Vico-Preldont. "u'""'
i in ei r v nt -
oilnm " mee Board held this da, HOBT5HT
iuuiu, unuinr.
BACON & WARDER
STOCK BROKERS.
No. 2181 WALNUT STREE1.
8TOCK8 HD LOANS botlRbt and .old on Com
mlwilon. 'i'HUbT I USDS tuventod In City, State, or Oovern.
mett Loans. "
WILLIAM IJ. BACON,
KEAL ESTATE CHOKElt,
181mrp No. WAtKl'T Street.
OFFICE ANTHRACITE INSURANCE COM
PAN If, No. 211 WALNUT Street.
, , . Pbiladklphia, January 7. l?67.
Paooiyed rrom .Tannarr 1 . ma, to December al. mg !
On Al arlne aud Inland Bisks iisa 3 a-ai '
On Fire Kiak. iu,ai9 15 '
On Premiums mot determfeea Deo. 31, im... "sm-
PFFMITJM8 DF.TERMIKED DURING THKYka!?
On Mnvine and Inland Klsks.. 8111)141-84
On Hi a jtUAs a 714 7
Interest, Saivane, etc., received
durirju the year 117J-28 '
r.OSSES. EXPENSES. ETC., DtTrTnoThS! tHtL
Marine Lotseu U20 44
Hro Loses uio en -
Be turn Premiums and Reinsurances 23.002-57
1 omtnilon 4 657 10
Slate and City 1 axes, salaries. Bent,
l'1r.l"tna- e,2 0M4 03
United etates Taxes 3 463 03 '
, AS8ET4, JANUARY reT-190 71
FiMn Receivable 71 R1014
PreniiuniB outstanding and interest
Aoctued 10,430 22
Union Bunk of Heading 0
city 8 percent Loan 35,0vtr(W
Phi aoelpnln and Beading Railroad
lt MortKuso Bonds 20 000 00 '
U. H. (it, Bonds 7,0 0 00
U. 8. 6s Loan 6-W 10 000-00 .
fctock, etc., be d by Company 'i',3Q 0
Cab in Bank and on hand 2 170-34
Stock Netes aud Btock LiarA"itle... 01) 750 00
. 24S.427J0
A t an election by the Stocklio'dera or the A uthriolte
Insnrance -Company, held January 7, 17, to elect
directors to serve the ensuing year, the following gea
t'emen were elecied : .
William Eslu-r.
J. R BlikUton,
P Sieger,
J. K. Baum,
J. Ketubam,
WlUiaoi F Iieau,
T. Audenried,
T 1 uther.
L. Peanen,
J it Hurl.
At a meetlna 01 Ilia Koarit nirain.. hM n,
fame day. the lo. lowing oifcers wre elected:
,U',At?. f:u rresldent
S-lfffi?! E 1'KAV.Vice.PreMdeut.,
-rv VILUAtf W. 6Miru, Secretary
Tr.s FOard of directors have tbis day declared adlyl
deod of TWfcLVK l' B I'lMT. on the capl al 4tock -puld
In payable on demand, tree of taxed.
Il0 6t witLliM M SMI 1 11 Secretary.
TO THE LADIES.
EVENING PARTIES.
TARLATANS, CIIOICK COLORS.
TARLATANS, CHOICE COLORS.
8.4 ILLt SIOEWS.only 80 rent per yar.1.
VARBURTON & SON'S.
No. 1004 CHESNUT ST.
1 AV ftUJVI