THE DAILY EVENING TELEGRAPH PHILADELPHIA, TUESDAY, JULY 30, 18G7. THE NEW YORK ritESS. BiMTOEIAL OnSIOHS Of TH1 WACIWfl JOURltAIA PFOl CUBRRJIT TOPICS COMPILED BVgRT DAT FOB TH BVENIKO TELEGRAPH. Threatening Aspect of AfTAIr 1m Uuropi. Votn i IKm. Some of the recent cable telegrams relating to the position of affair in Europe have had a sufficient odor of speculation about them to be generally discredited. But the recent des patches would seem to indicate the approach of a new crisis in the relations of the two great German powers. Prussia to-day is 9 much distrusted as France was three years age. However legitimate may be her aspira tions as the leader of Germany; however cau tious her policy of territorial revision, she lies under the disadvantage of being suspected. The consolidated northern monarchy is "peace" precisely in the sense, and with the qualifications, that the "empire" in France is "peace." Consolidation in Northern Germany was achieved with such marvellous speed, and such unequivocal success, that it seemed as if the battle of Sadowa gave assurance to Eu rope so decisive did it appear in its results. The "empire" in France was so entirely the creation of an individual; the pretensions of that individual were apparently sustained by go overwhelming a majority of the people of France, that the usual vague declarations of "peace" from the Imperial lips used to thrill and delight the stockjobbers as if they were superhuman decrees, against which all outside ambition or international combinations must necessarily be powerless. The sure test of time has been applied in both cases. Ciesarism in France has long been distrusted as an agency of peace. It was distrusted when the Italian war for the Lombard-Venitian principalities broke out. It was distrusted when the issue of the German war was made a pretext for attempting the annexation of Luxemburg to France. It was dis trusted almost from the commencement of the ill-fated Mexican expedition. It has been dis trusted throughout the progress of this great Exposition of Industry. People are looking for peace. The great masses of those who make up the wealth of nations are longing and praying for "peace." But thus far the revised "Empire" in France has been war. And. the Imperial policy to-day is distrusted from one end of Europe to the other. Prussia is not following the teachings of the second "Empire." But Prussia, in assuming to be the leader in the establishment of a con solidated German power, has had to fall back upon the force and resoluteness of one man's will. Bismark is the exponent of a species of Ca'sarisni. He believes in the virtue of a strong military force. He is willing enough to work with the people as long as they work with him. He believes in popular govern ment as far as it does not conflict with his policy and his personal ambition, lie has recommended the convening of a constitu tionally elected Parliament; but in cases of emergency he has found it expedient to get along as well as he could without the for mality of parliamentary votes. He has been a steady advocate of peace; but events caused him to figure twelve months ago as the politi cal director in a war which turned Europe upside down. In short, the kind of constitu tional government, the kind of consolidation, the kind, of peace that the two controlling minds in France and Germany would esta blish, are those which depend primarily upon military force. "War" with both of them takes precedence. It is the centre and pivot to their policy. And we should like to see it illustrated how far Europe has progressed under this system towards a pacific settlement since the "Thirty Years' War." The greatest publicist of that epoch, devoted as he was to the philosophy and practice of international peace, spent the best years of his life in pro ducing his "De Jure Belli." He dealt, it is true, with the jus pads, but the prime ques tion then, as it seems to be now, was not to make war impossible, by establishing some thing like an international federative system, but by framing humane rules to mitigate the horrors of international war. Were Grotius alive to-day, his task, to useful at all, would have to be the same as when he wrote in his own time. We have apparently niaae no advance whatever in the way of hav ing international disputes referred to arbitration. Kant demanded a univer sal confederation as the basis of a law which should govern the conduct of nations towards each other. How many disciples of Kant are there to-day T There may be a few thinkers; there may be not a few philan thropic peace advocates, who would listen to his broad political philosophy. But among those who rule and govern in politics here or elsewhere, who would listen to arbitration in the settlement of a question involving what is deemed national honor f We Americans would certainly set a very poor example. We are religiously predisposed to a little blood-letting. We like a good display of military force. And perhaps it might be as well, before beginning to denounce the incessant contest for territorial and political ascendancy in Europe, to reckon up, on our own account, how tar we should he disposed were there a rival American power at our elbow to settle down and lie quiet under some old treaty framed, sealed, and signed fifty or a hundred years ago. The existence of the French dynasty de pends upon the ability of one man to make the power and influence and prestige of France greater than the power and influence and prestige of any other nation. The endurance of the new consolidated Ger man power depends upon the resolution and the energy with which one man (for Bismark is hardly likely to have a suocessor in this gene ration) seizes hold of and profits by every ad vantage achieved in the short, sharp, and de cisive battles of last year. The Prussian Minister sees this so clearly and acts there upon bo nervously, that he is suspeoted sus pected not more at Vienna than at St. Peters burg, and at neither more than at Paris, lie has reopened the question of the Danish Principalities in a way whioh shows that he places upon the treaty of Prague a different in terpretation from that put upon it by Austria or the neutral powers. That is one cause of renewed trouble; and a telegram we pub lished recently shows that Austria counts fully upon the support of France and Russia In holding her victorious rival to the letter of other provisions of the treaty. In all this were there not other complications in view there is cause at least for uneasiness. Italy, t whioh mar at any moment stir up a European difficulty, as great as that which Central Europe is passing through. The aspect of affairs, altogether, is far from being consoling to tnose wno uitm iur peace. Old Virginia. A-i. h frlhtMA. The Republicans of Virginia will hold their firs't State Convention at Richmond on the first of August, and the portents of trouble and probable division are painfully obvious. W will not here assume to sit in Judgment on the rival factionists, preferring to speak of what should he rather than of what may and pro bably will be. Virginia is naturally by position and by the tradition of nearly a oeutary a State of strong Union proclivities. Were she other wise, her soil would be no fit abiding plaoe for the bones of Washington, of Madison, and o Marshall. She has the most obvious reasons for rlinosimr to be a central rather than a border State, and to have a large portion of the products of the Great Valley take the shortest and quickest way to the ocean across her territory, rather than to see it meander to the seaboard by Baltimore, New York, or New Orleans. The madness induced by slavery and rebellion swerved her temporarily from her balance; but the culpable folly of 1801 and its terrible consequences are likely to be hold evermore in burning remembrance by her people. She is far less likely to err again than though she had always been loyal. We confidently assert that there is far more of the secession virus to-day in the blood of Mary land or of Kentucky than in that of the Old Dominion. fcS Virginia eminently needs peace. Her entire area has been overcome and devastated; her buildings, fences, bridges, etc., burned; her cattle devoured, and her population more than decimated, by civil war. We estimate that at least a full tenth of her white men and boys between fifteen and fifty years of age on the day of her insane secession have perished in battle or hospital, and that an equal number are crippled or disabled for life by diseases resulting from the privations, exposures, and hardships of campaigning. While her natural resources of every kind are immense, her pre sent dearth alike of wealth and muscle will long keep her poor and inefficient. Ten times her present moneyed capital or movable wealth, with five times her present popula tion, would find profitable employment within her limits far more profitable than oan now be obtained for what she aotually has. When we pray for peace, we do not mean abject submission to her unhorsed chivalry on the one hand, nor the unchecked domination of her emancipated and enfranchised blacks on the other. The peace we plead for will con cede to the blacks every right and relieve the ex-Rebels from every disability. Virginia has urgent need of the wisdom and energy of all her sons. We plead, then, with the Convention about to assemble at Richtnoud for peace not that peace which is wrought by irresistible power acting upon abject helplessness, but that which Hows from mutual consciousness of reciprocal need. A protraoted struggle between the whites and the blacks of Virginia is fraught with incalculable damage to both classes, to their State, and to the country. And there is no decent pretext for any fur ther struggle at all. The Reconstruction acts and their enforcement have effaced every reason for one. The freedom of the blacks is secured by their enfranchisement. Hence forth they can only be reduced to a second vassalage through their own apathy, heed lessness, or treachery. And they are neither apathetic nor false to themselves, nor are they likely to be. What weask, then, of the approaching Con vention is the proclamation of a peace which shall be no mockery, no snare, no transient illusion, but hearty, general, abiding. We want a peace that will increase the market value of every Virginian's property and labor, be he white or black. We want a peace which shall truthfully say to a rejoicing country: "The great civil war is ended; henceforth we aie brothers, and an attack on the rights of any class will be resented and resisted by all." Such are the aspirations which will impel us to watch with lively interest the doings of the pending Virginia Republican Convention. They are not unshadowed by fears; but our hopes predominate, and impel a belief that a platform will be framed and a ticket nomi nated at Richmond on Thursday which will be overwhelmingly successful, and will largely conduce to the reeslablishment of national in tegrity, fraternity, and solid prosperity. The English Reform Dill. From the Herald. After having passed through some strange and stirring scenes and weathered many a stormy night, the Tory reform bill has at length found its way to and been read a second time in the House of Lords. It amounts almost to an absolute certainty that the bill will have passed into law before the com mencement of the autumnal recess, and that lords and honorable gentlemen, if they do not find themselves at once amid the agonies of a general election, will go to their shooting quarters to ruminate upon the possible char acter of the new and somewhat doubtful era upon which their country has entered. The laurels which the Whigs since 1832 have, with all the pride and jealousy of a long dominant party, claimed as their own, have been skil fully taken from them, and the Tories for the next fifty years will be honorably spoken of as the reformers of J807. The extent of the changes which this bill will introduce is as yet but imperfectly known. That it amounts practically to a revolution. few will attempt to deny. The addition of half a million of voters to the electoral roll from classes some of whom have hitherto been totally unrepresented, cannot fail to bring the machine of Government more immediately under the control of the popular will. It will be strange if the increased rapidity of motion on the part of the Government do not at once startle and annoy many who have been accus tomed to and contented with the lacirard movements of former times. The aristocracy of England have acted wisely and well in yielding gracefully and in time. By acting as they have done they have not only aaaed to the claims which they already have upon the people, but have secured for them selves a lease of power which will continue at least during the lives of the present genora tion. The honor of this movement is due less to the town aristooracy themselves than to the man whom, willingly or unwillingly, they recognize as their chief. England has been saved from revolution, not by the learning and experience of a Derby, nor by the wisdom of a Stanley but by the genius of Benjamin Dis raeli. Whatever else may be said for or against this man, this at least must be admit ted that he embodies in his individual person most or the dominant qualities revealed by hla race, from Moses to Judas Iscariot. Had such a man, and not M. Guizot, been the Minister of Louis llulippe ln February of 1848, the house of Orleans might still have possessed the throne of 1; ranee. In view of possible coming evils we advise Louis Nrpoleon to look out for some able Jew, and place himself under his guidance. U possessed of the requisite qualifications, his haeal descent from the traitor or the impenitent thief should be no objection. One such man would le worth the whole batch of Schneiders and Uouhera and others on whom he ia forced to lean. fVnm fi Trihun. The annual election in this State occurs on Thursdfty, lBt prox., when, despite the whole sale disfranchisement of those who voluntarily aided the Rebellion, it is estimated that 125,000 votes will be polled more than were usually cast in the equal and arduous contests of 1840 to 1852. The poll slightly exceeded 150,000 In 1860 and 1861; but the excitement in the latter year was very great. The disfranchise ment of 50,000 Rebels renders a Republican triumph morally certain. The leading candi dates are as follows: GOVERNOR. Radical. ConnermOve. Wm. G. Brownlow, Emerson Etheridge. SUrEMPiTBSDEJfT OP PUIIMC INSTHUCTfOH. John Eaton, Jr., CONG jyf.it. 1. R. R. Butler, 2. Horare Mnynard, 3. Wm. B. Stokes, 4. James Mullins, 5. John Trimble, (j. Samuel M. Arnell, 7. Isaao R. Hawkins, 8. David A. Nunn, Charles S. Cameron. II ESS. James White. John Williams. Eli G. Fleming. Edward Cooper. Bailie Peyton. Dorsey B. Thomas. Wm. P. Caldwell. "John W. Loftwitch. For reelection. General Thomas will do his utmost to keep the peace on election day; but we fear his utmost will prove too little. After the elec tion, we trust the Tennesseeans will bear in mind that the civil war is ended, and betake themselves to the ways of industry and quiet. Failure of the Unadilla. Bank Rotten ness of the Rational liank System. From the World. Unadilla is a village on the Susquehanna, in the southern part of Otsego county. The bank there is a sample of similar banks organized (or reorganized) under the new national system, located in rural villages and finall interior cities all over the country. What has occurred at Unadilla may occur in any other place where one of these national banks is located, which proves that there is no security in the system. What has occurred at Unadilla is likely to occur in hundreds of "other places, inasmuch as in this era of hazard ous speculation and fast living, other banks and their managers are exposed to precisely the same temptations to which the olllsers of the Unadilla Bank succumbed. The collapse of the Unadilla Bank, though the latest, is by no means a solitary instance of the breaking of a national bank. A similar failure has just occurred at Weedsport, in the western part of this State. Another recent instance is the failure of the Newton National Bank in Massa chusetts. Such failures have been frequently reported since the beginning of the year; that at New Orleans having attracted more atten tion than any of the others in con sequence of the bank holding large deposits of Government funds. The liabilities of the Unadilla Bank are $200,000; its assets are represented to be very inconsiderable, the property of the bank hav ing been gambled away in mining and pro duce speculations. It is a repetition of the story told in connection with all the previous failures. The officers were smitten with the prevalent passion for acquiring sudden riches by speculation, and their sanguine and too credulous expectations tempted them into extravagant expenses. The source of this rottenness inheres in the national bank sys tem, which presents temptations too power ful for sanguine men to resist, and affords no adequate safeguard to the stockholders and creditors of the banks. It is a system which stands on no solid or stable standard of value. All experience attests that there can be no sound banking system which does not rest on a legal obligation by the banks to meet their liabilities by pay ment of the precious metals. Our national banks issue paper which they are required to redeem only in other paper; that other paper being subject to daily fluctuations of value. Now a state of things in which there is no stability in values, in which the currency and business of the country are constantly tossing like a raft upon the waves, infects all men who can command money or credit with the passion for speculation. When values are settled, or pass only through gradual and easily predicted changes, men are not tempted to toss property rapidly from hand to hand in hope of gain or dread of loss. Of this spirit of speculation which has seized the business men of the country, the national banks are the focus as well as the origin. Heavy speculators are in constant need of bank accommodations, and sharp-eyed bank officers have no difficulty in diving into the business of their customers. Bank officers have therefore easy means of gain ing a prompt acquaintance with every promising speculation, and can become par ties to any they please in exchange for pecu niary facilities which such officers can afford. All the chief speculative projects thus passing tinder the inspection of these bank officers, they are exposed to temptations which ordi nary human nature is not strong enough to resist. Doubtless the officers of many of the national banks have grown rich by specu lations; sometimes by their sagacity, some times by mere luck. Our point ia not that none of the national banks are solvent, but that the community have no means of know ing which to trust. The system is evidently a bad one, since a bauk should be in all re spects the very opposite of a lottery. A bank ing system should be fitted to inspire and to deserve confidence, by exempting its creditors from hazard. A vast affiliation of organized speculators, who daily risk other men's money in doubtful adventures, does not deserve, and cannot long retain, the confidence of the country. Even if these institutions confined them selves to their regular business, they are an organized means of fleecing the community. Besides the issue of currency, a considerable part of the regular business of the Unadilta Bank has consisted in loans to the farmers, village inerjbants, and produce dealers or Otsego county. Let us scrutinize the nature of one of these loans. A wealthy farmer, whose credit is so good that any of his neighbors win indorse his note for nothing, has occasion to use a thousand dollars, and borrows it at . tne bank, giving his 'note thus indorsed. JNow what does he get for it 1 Money ? No n" pets merely the notes of the Unadilla Dana. for the same amount. It ia an exchange oi the notes of a solvent farmer for the notes oi an insolvent institution. But, waiving tne undisclosed insolvency, let us proceed witn our analysis. It is obvious that the transac tion is a mere exchange of crealt; the farmer exchanges his credit against that of the bans., and pays seven per cent, for the a'J when his own credit is so perfectly gooa that his responsible neighbor indorses his now for nothing. The bank takes seventy dollars for doing what the endorsing neighbor iree'v does without compensation; the e1orBerltl. and the bank, in turn, certifying it to me community by putting its own notes in the place of Lis. It is an illusion to suppose that the bank lends bim money; it only lends its own credit. If the bank was organized on a Specie basis, ind paid specie on demand for its notes, the case would be varied, for the next day or within the next ten days, the notes might come back for payment, and the loan would thus beoome a loan of money, and not merely of the bank's own credit. -When the national banks thug exchange notes with their customers, giving their own notes without interest for the notes of their customers with, they are limited, it is true, to the Issue of such notes as they have, deposited bonds for in the Currency Bureau at Washington. But those deposited bonds yield the bank precisely the same income that similar bonds do to private holders. The banks are no more entitled to a bonus from the community for owning this kind of property than are the innumerable other owners of the same kind of bonds. But while other holders of bonds are content to get six per cent., the banks received thirteen six from the Government and seven from the community, or rather the whole thirteen from the latter, the Government being merely an agent for collecting the six per cent, from the community. When men perfectly solvent and In good credit pay the banks for a mere exohange of credit, it seems a still greater absurdity if we find out, as we do in the case of the broken banks, that the credit thus advantageously ex changed was really good for nothing. A man exchanges his own solid credit against that of an insolvent bank, and pays seven per cent, for the difference 1 And the enabling of our citi zens to do this is the incalculable blessing be stowed upon them by the creation of the na tional bank system I It may be said that although the system may ruin the depositors and fleece the customers of the national banks, it nevertheless per fectly secures the bill-holders. But even this is not entirely true, although it must be con ceded that by borrowing this feature of the New iork banking system, which it sup planted, it gives as good security as holders of the notes of broken banks can ever expect. When there comes a general crash of these unsafe institutions, and scores of them are compelled to wind up at the same time, so many of the deposited bonds will be thrown upon the market that, in a forced sale, their price will sink to a low figure, and speculators will reap a rich harvest at the expense of the bill-holders. Even when these rotten con cerns break one by one, the bill-holders are not completely protected. New York mechanics and working-women who happen to be paid their wages on Saturday night in notes of the Unadilla Bank, will find to-day that the grocers and butchers are not willing to take tliem, and poor people who live from hand to mouth may be put to shifts to supply their lauies aurrng in e week. SUMMER RESORTS. UNITED STATES HOTEL, ATLANTIC CITY, N. J.t IS MOW OPEN. FOR PARTICULAR!, ADDRESS BROWN A WOELPPER, ATLANTIC CITY, Or No. 827 RICHMOND Street, 10nra Philadelphia. MERCHANTS' MOTEL, CAPE ISLAND, IV. J. Tbls beautiful and commodious Hotel la now open lor tlie reception of guests. It la on the main avenue to the Beach, aud less thau cue square from the ocean. WILLIAM MASON, 73 PROPRIETOR, SEA BATHING NATIONAL HALL, CAPli 1IAM, N. J. This large ana commodious Hotel, known as theNalloual Hall, is now receiving visitors, 'lemis moderate. Children and servant! halt price. AARON GARRKTfcSON, gm Proprietor, HARDWARE, CUTLERY, ETC. gTAISDBRIDGE, BARE, & CO., IMPORTERS OF AKD DEALERS IN FCrilGN AKD AMERICAN HARDWARE, NO. 1881 MAKKET STREET, Oiler tor sale a large stock ot lJiirtlwnro mid Cutlery, TOGETHER, WITH lOOO KEGS NAILS AT RKDVl'ED I" KICKS. 87lhatu CUTLERY. A Alio UJRortnieii t of POCK" JCT m.rA TAHLK CUTLKRV, RAZOttS. ,P-JJ RAZOR STROPS, LADIES' HC1S- TrSr-3 boKa, PAPER AND TAILORS' blJiLARB, UC, L. V. HKLMOLD'S Cutlery Store, No. 135 Booth TENTH Street, 11 T.nree. doors above Walnut, No, 1101 CHBSNUf StrsetT E. M. NEEDLES & CO. OFFER IN HOUSE-FURNISHING DRY GOODS, ADAPTED TO THE SEASON, Hummer Ganze Blankets, Fruit Ciotlis ami Doylies, Bath aud other Towels, i uinUiire Chintzes aud Dimities. Pillow and hlu etiug Linens, .Floor aud stair Linens Honeycomb, Allendale, AND OTHER LIGHT BPREADS, AT REDUCED PRICES. CHARLES R U M P P, POHTE-9IONNAIE, POCKET-BOOK, AND SATCHEL MANlt'ATUKH, NO. 47 NORTH SIXTH NT BEET, Below Arch, Philadelphia. PorUo-Mounales, Pocket-Booka, Hatcliels, Work Boxes, Bankers' Cases, Puntex. .roruonos, DiesslLg cases, Cigai I astu, vital), Money Bens, Ktules, etc. WHOLKBALK AND RETAIL. 7 SOtf TAMES E. EVANS, (JUN-MAKER, SOUTH t) wireet, above Hecond. would call the attention of sporiHinen to U) choice selection of BUUM Kg' TKOUT AND BAHM KO8 (a new afworimeiit). Files, and all the uxiial selection of FltoUlNO TACKLE lu all Its various branches. HANI) WtlZZt.E-LOADING OUN9 altered to UK KCH-lAjADH.Ua lu the best manner, at the lowest rates. T 16 tf P. W. B. THE I'KT OV THE HOUSEHOLD. . Pi P. W. B. PARIS' PATENT WINDOW BOWER. ' F.very housekeeper should have them to their shut ters; they supersede the old-laithloneU rlblmus. Price, Twenty-live cents per pair, bold everywhere, aud wh'iale and retail by B. F. Parih, i Jt liu No. 27 S. THIRD bueet. S - TT74 tJTF UMMye wins . HIE LARGEST AND BEST STOCK OFJ . FINE OLD RYE 7 H I O II I E O IN THE LAND IS NOW POSSESSED BY ; ' ' HENRY S. IIANNIS & CO., Kos. 218 and 220 SOUTH FRONT STREET, WHO OFFER THE SAW TO TUB TRADE, IN LOTH.OH TEBT ADVANTAGEOUS TEBHR, Their Stock Of By Whiskies, IN BOND, comprises all tho faTorlta braaAa slant, astd runs through the various months of lb05,'60. and of tola risr.asu pitKDt data. ' Liberal contracts marl for lota to arrlv at Pennsylvania Railroad Derxtt Errlcsson L.ln Wharf, or at Bonded. Warehouses, aa parties may alert. INSTRUCTION. BUSINESS COLLEGE, N. E. CORNER Finil AND CUIUS NUT HTM Established Nov. 1. 1861, Chartered Uarch 14, 1865, BOOK-KEEPING. Course of Instruction unequalled, consisting of prac tical methods actually employed In leading houses in this and other cities, as Illustrated In Fairbanks' Book-keeping, which Is the text-book ot this luautn. tlon, OT1TER nRANCITEM. Telegraphing, Camruerclal Calculations, Buslnnn and Ornamental Writing, the Higher WaiheuiaUca, Correspondence, Forms, CommerclalLaw, eta. YOUNG HEN Invited to visit the Institution aud Judge or them selves of lu superior apiolntmeuts. Circulars ouap plication L. PAlUBAfl Jkjs, A. M., President. T. Ji. Merchant. Secretary. 66 MILLINERY, TRIMMINGS, ETC. gtJO URNI N MILLINERY. ALWAYS ON HAND A LARGE ASSORTMENT O J MOUrXlNIlNGr BONNETS, AT NO. 904 WALNUT STREET, 8276m MAD'LLE KEOCH. 31 KS. It. DILL0, KOS. 8 AND tSI SOUTH STREET Has a handsome assortment of 6PB.INO HILL N JvH 1 , Ltidies', Misses', and children's Straw and Fancy Bonnets and Hals of the latest styles. Also. Bilks, Velvets, Klbbona, Crapes, Feather Flo,-erv Frames, etc 7 in FURNISHING GOODS, SHIRTS.&O. MERINO GAUZE UNDERWEAR OF CART WRIGHT AND WARNER'S CELEBRATED MANUFACTURE. MERINO GAUZE UNDERWEAR ln every var.ety of size and style, for Ladles', Gents', and Children's W.ii. nOSIEBT. A large assortment of HOSIER? ot English and German manufacture, ln socks, three-quarter socks and long hose. GLOVES, In White, Buff, and Mode Color. For sale at II OFM ANN'S Hoaiery Store. SStutbt MO. NORTH EIGHTH MTBEKT. J. W. SCOTT &; CO., SHIRT MANUFACTURERS, AND DKALKRS IN MEN'S FURNISHING GOODS NO. 814 CHE&NUT STREET. FOUR DOORS BELOW THE "CONTINENTAL,' g?8rp S PHILADKLPH I A. PATENT SHOULDER - SEAM SHIRT HAN U FACTO RT, ANDGENTLfcOIEN'S FURNISHING STORR PKRFH.CT FITTING SHIRTS AND DRAWERS modelrom rueunurt ment at verv short notice. All oilier articles ol GENTLEMEN'S DRESS GOODS 111 lull varlt-ly. WINCHESTER A CO., 1 Hi No. 70S CHEbNUT Street s ALE OF RAILROAD PROPERTY AND FRANCHISES. Notice Is hereby given that by vtrtue of a decree ot the supreme Court ot Pennsylvania, we will expose to sale at Public Auction, AT THE FHILADELPHIA EXCHANGE, In the City of Philadelphia, State of PenuHylvauIa ou the 13TH DAY OF OCTOBER, A. D. 1W7. at 13 o'clock, noon, ot that day, all and biiiKUlur the KAlLKOADS AND RAILWAYS, LANDS, TRACKS, LINKS, RAILS, CROSST1 H. CllAlliS, bl-IKKH, FltOUS, SWITCH KS, and other lllON. BRllKiKS, WAYS and RIGHTS OF WAY. MA'IKRIALS. HOUbKS, BUILDINGS, KH01S, 1'lkllb, WHAKVKS, ERECTIONS, FKNCKS, WALLS, FIXTURES, DEPOTS, RIGHTS AND IN'IKKKSTS, and all and every other property and emmc, real, personal, and mixed, of, lnslutiKing or appertaining to the RKNO OIL CREEK AND PilliOLK RAILWAY COMPANY, aud all the cor- f orme rights, Irunchises, uud privileges ot, or belong, iig to 1 he mid Company, together with all and singu lar the Locomotives and oilier Engines, Tenders, Cars, Machinery, Tools, Materials, aud Implements, ax w II us materials lor constructicg, repairing, re pluluiug, using aud operating Maid Railroad and Rail May, All or which said properly Is situate lu Ve nango County, In theSlatuuf Penusylvaula.and being Hie hume property, rlghu, privileges, aud I'rauuhiHes whli h said Couipuuy, by Indenture ot mortgage, dated the a. d day of May, A. D. IHWt, aud duly recorded in the ollice of the lie. order ot Deeds of Veua"go Coumy aforesaid, In Mortgage Book No. 2, page 516, eio., ou the 4lh day ot Juno, A. D. ism, granted ami conveyed to the undersigned John b. Sauzade, in tun 1. 10 secure certain bonds therein menlluued. And whicn the said Compauy by Indenture or inort gHge, dated April H,lK.i6. aud duly recorded lu theolUce ol suld itei order ot 1 eeds of Venango Couuty, afore said. In Wortgijge Book No. 2, page 474, etc.; on the Win day of April. A. D. Is, granted and conveyed to slorus K. JeHsup, and the undersigned William J. Barr, in trust to secure certain debt therein men tioned. Ibis sale will he made Under, and In pursu ance of a decree eutered by the said Supreme Court of ll.o Male of Pennsylvania, on llie a,i ,,f i.,i D. ist)7, In a cause pending In equity In said court, upon a bill tiled by the NaiifJohu S. bauiade. Trustee ataiust the Raid Compauy, and the said Morris K Jtshup and William J. liarr, delendauls, praylnir. Inter alii a, lor a Decree or sale or the mid mortgaged . Tht terms aud conditions of sale will be aa premlbes. IdIiiiwk: 1 Irst. The mortgaged premises will be sold In one i k reel, and will be struck oil to the highest aud bust bidder lor cuhu. 1-ecnod. Five per cent, of the purchase money shall be paid to tie uuderaigoed at the time of the sate by the purchaser, and be must also sigu the terms and conditions of sale, otherwise, the said premises will be Immediately resold. 'J hud. The balance ot the purchase money shall be iiald to the undersigned, at the Hank lug House ot nexel A Co., No. M B. Third street, Pulladel 1 Ida, within thirty days from aud alter the day of WILLIAM X BARR, Trustee JOliM H. SAUXADE. Trustee, PHII.ADK1.PIIIA, July 8, IKM7. 1, Thomas & Hons. Auclloueers. T 9tul3m PATENT WIRE WORK FOB BAILINGS. STORK FRONTS,' GUARDS, PAHTITIONS, KTO- I fjOAL BCREKN'A FOU IU.R1N1KR WIRES, EI O. H, Wi LK ER A HONS, I I rem bo. U N. fcOA-TU birfvel 1 cies. WAfCHbS JEWELRY, ETC. LEWIS LADOMUS & CO. Diamond Dealer and Jeweller, NO. SOX tnESNUT ST., PHILADELPHIA Would Invite the attention ot purchasers to tn large aud handsome assortment of DIAMONDS, WATCHES, f EWELRT, silver-ware, ICB PITCHERS In great variety. rC KTO A large assortment of small STUDS, for eyelet holes. Just received. WATCHES repaired tn th. best manner, and guaranteed. . , , p WATCHES, JEWELUY. W. W. OASSIDX". NO. 13 SOUTH SECOND STREET, stotofQenlirely BeW and mMtc"raRy .elected AMERICAN AND GENEVA WATCHES. JEWELRY, SILVER-WARE, AND FANCY ARTICLES QW EVERY DESCRIPTION, suitable FOR BRIDAL OR IIOLIDAT PRESENTS An examination will show my stock to b nniur. pawed In quality aud cheapness. Unsur- Partlcular attention paid to repairing. ( ig G. RUSSELL & CO., NO. S NORTn SIXTH STREET, IMPORTERS AND DEALERS IN FINE WATCHES, FBES CH CLOCKS, GOLD JEWELRY, AND SOLID SI LTER-WARE. HENRY HARPER, No. 520 AROH Street Manufacturer and Dealer In WATCHES, FINE JEWELRY, SILVER. I'LATED WARE, AND 8, SOLID SILVER-IV ARB C. & A. PEQUIGNOT, M annf acturors of Gold and fcilver Watch Coses, IltPOllTKJia AMD DEALERS IK WATCHES. OBlce-No. IS Boutn SIXTH Street, Manufactory-No. aa Eouth FIFTH Street, . PFTILADBLPHJA. COAL. QEO. A. COOKE'S COAL EMPORIUM, NO. 1314 WASHINGTON AVE SUE. THE GENUINE EAGLE VEIN, the Celebrated PRESTON, and the put e hard GREEN WDODCOAL, Fgg and stove, sent to all parts or the city at f-60 per ton; superior LEHIuH at $676. Each of the above articles are warranted to give perfect satisfaction In every respect. Orders received at No. 114 S. THIRD street; Emporium, No. lsil WASHINGTON Avenue. 4, BMIDPLETON A CO., DEALERS IN . HARLFIGU LEHIGH aud EAHLK VEIN IOAL. Kept dry undercover. Prepared expressly for family use. Yard, No. 12M WASHINGTON Avenue. Olhce. No. 614 WALNUT Street. 72 FRENCH STEAM Bcoumisra. ALOEDYLL MARX & CO. NO. 183 IOI TH ELEVENTH STREET AND MO. BIO MACtS NTKBET, SlOmwt CTORN EXC HANOI BArt MANUFACTORY. JOHN T. UAILEY A CO.. BKMOVICD TO N, E. Corner of MAKKET aud WATER Streets. Philadelphia. DEALERS IN BAGS AND BAGGING Of every Description, lor Grain, Floor, Salt, Super-Phosphate of Lime. Bone Dust, Ktc. Large and small G UN NY A AGS constantly on hand -ni J Also. WOOL BACKS. "na John T Bailey. James Caboadkic. Q1C) ARCH STREET. OAS FIXTURES VlZl CHANDELIERS, BRONZE STATUA R V ETC. VA NK1KK A CO. would respectfully dbecf the attention of ibelr friends aud the Dubllo iinnZ rally, lo ibeir large aud eleuant assortment of n Art FI XTUREH. CH A NDH LI KUS. and Ol NAM FNTAL BltuNZK WARES. Those wishing uamlsome ad thoroughly uisde OooOs, at very TOaAoiiablei orleli? will Uud It to their advantage to glvTuaa cau oefow purchasing elsewhere, ium owun N.B. boiled or tarnished fix lures reflnlshorl with pedal care and at reasonable prices rennUne1 WKB m VANKIRK k CO ,VMcompany?0XCKETE PAINT AND R00P T bis paim, for tin and metal roofs old or new la ijiuu.u, covered or repaired thoroughly l.tcsand SnBUSTaa.l'!,l Di r a.Ke bytl can or THIRD SLreiHf r',HMrofu "". No. Mi H JAilRDbUeet. 7 13 luij JOSEPH LEEDS. JOHN CRUMP, OAUPKNTKlt AND 11T7ILD1SR suopstNo, am lodue street, and . m HESWUT STREET, raiXAOlUf KIA
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