TIIE DAILY EVENING TELEGRAl'II PHILADELPHIA, FRIDAY, SEPTEMBER C, 18GT. feting ffetjwwlt PUBLISHED EVERT AFTERNOON, (SUNDAYS BXCBrTKD), A.T TDK EVENING TELEGRAPH BTJTLDIWa, HO. 108 It. THIRD MTKRKT. Price, Thro Cents per Copy (Doubts Hhwl), or Eighteen Cents per Week,paahle to the Carrier, and mailed to Subscriber out of the clljr at Nine Dollar per Annum; One Dollar and Fllty Cent rbr Two months. Invariably In advance for the period ordered. FRIDAY, SEPTEMBER 6, 1867. The Trne Problem of Keconstruction. Asidb from partisan considerations, and com prehensively considered, what is the problem for the people of the United States in the work of reconstruction f It is dimply to inau gurate self-government, after the American plan, In the different communities inhibiting the late Rebel States. What was designated as the Rebellion, with referenoe to the general Government, was in reality so far as the Rebel States were con cerned a revolution, and that toj of the most thorough and sweeping character. Not only Was the social status completely disrupted by the overthrow of the institution of African slavery, but the political corporations which bad previously constituted the organs of local government were absolutely annihilated. Upon the dissolution of the Rebellion in the Spring of 18C5, the general Government found thrown upon its hands eleven communities, hitherto existing as corporate political bodies, under various constitutions and laws, but now Absolutely without organization, without offi cers, and without law. But the ter ritory inhabited by that people was a part of the domain of the United States, and they themselves were its citizens. The duty, therefore, of the general Government to provide some sort of rule for these people would have been mandatory, even had the Constitution entirely failed to provide for such a case. Anarchy is the greatest of all evils, and anarchy was what then threatened the South. The Constitution, however, had pro Tided that the United States should guarantee to eaoh State (that is, the people living in each geographical Stat-) a republican form of gov ernment. Here were certain communities whioh had lost, or at least were not now in the possession of, governments of any kind. The duty, therefore, of the United States to provide governments, and governments republican in form, was doubly imperative. Th9 work of reconstruction is, therefore, in our opinion neither unconsti tutional nor extra-constitutional. Here were communities, once existing as States, which bad lost their governments. They could not reconstruct themselves, for there was no start ing point of lawful authority among them. The Constitution, in providing that the United States should guarantee to every State a re publican form of government, had provided for just snoh a case as now occurred. Had there been no such provision in the Constitution the duty would still have remained, under the general inherent powers of the nation as a nation. The work of reconstruction is thus seen to have grown directly out of the war. It was a consequence of the nation's triumph over the Rebellion. It was something that could not be avoided. But how does it happen that this problem has become the occasion of such violent and persistent agitation? Simply beoanse the President has assumed to be "the United States," instead of being, as he is, a mere executive ofBoer. He has attempted to take the place of the law-making power, and to make his "policy," instead of the Coftstitu tion and the laws, his guide. The work of reconstruction was a work to be done in ac cordance with law. Congress alone had power to sketch the plan according to which it should proceed. The President's duty was to wait and act under the law, and according to its provisions. But he was restless and ambitious. He was not satisfied with the urooer functions of his position. '. He had a "noliov" to inaugurate. So he went to work and cooked up a lot of so-called State govern xnents, made according to his own notions, and by .. his own agents, and when the representatives of the people assembled he virtually said to them: "I have reconstructed the Union; I have remade these States ac cording to my ideas, and admitted them to the Union; you have nothing to do but to open your doors and let my Senators and Repre sentatives walk in and take seats with yon !" The most difficult, the most vast, the most important subject of legislation which had ever presented itself to the American people for settlement during their whole history, was thus to be taken out of the hands of the law-making power of the nation, and to be settled aooording to the mere ipse dixit of a single individual, and ha one who had not the slightest legal or constitutional authority to interfere with it in the slighest degree, except to make a recommendation to Congress I If ever there was an example of high-handed usurpation and of reckless contempt for the Constitution, this was one. But the "policy" was as bad as the means were illegal by whioh it was attempted to be imposed upon the country. Its main feature consisted In restoring to politioal power the verr Rebels whom we had Just overcome in the field, and in putting under their feet the loyal men who had sustained our cause and lulled for our flag. It was nothing less than a reconstruction of the old aristocracy which had plunged the nation into war. It would w .riven us "ten new States as thoroughly disloyal as were the ten old ones upon whose 1. i,av had been built. It would have been a substantial victory of the Rebels, -.i, from the very jaws of defeat. TtiA pr,nblican uarty throughout this whole contest has been battling for two things:- First, to sarn tha fVmnt.ltnti the vital principlee of our form of government from overthrow by the Executive: and, secondly, to secure reconstruction upon the basis of the fundamental principles of free government, as set forth in the Declaration f Independence A more noble contest was never engaged In by any party, nor one whioh, rightly under stood, had superior claims upon every good citizen. The Came and Lson of the Califor nia Election. On Wednesday the State eleotion was held in California, and has resulted in large Demo cratic guins. There seems to be no doubt, from the returns received, that the Republi cans have sustained heavy losses, if they have not given the State to their enemies. We say given, for the oonduot of the Republican party has been such as to amount to a real gift of the Golden State to the most bitter Democratic minority. From the result it is not difficult for us to draw a lesson, which it will be well for us to heed. In 18G3 we carried California by 19,732. In 1864 Mr. Lincoln's majority was 18,293. In 1805, when there was no ex citement, and but a small vote was polled, we secured but 0376. Thus for three years has there been a gradual diminution in the ma jority, and this has finally culminated in our probably losing the Governor in 1867. Now this decrease is due entirely to the wretched management and disgraceful corruption which have marked the course of our party while it was in the ascendancy in the State Govern ment. We do not feel inclined to cover up the sins of any one, even if he be our friend, and we certainly shall not hesitate to say that the conduct of the Pacifio Republicans has been such as to richly merit defeat. With a reck lessness opposed to common sense and hon esty, the party leaders have so acted as to reduce the magnificent majority of nineteen thousand to less than nothing. They have allowed a ' ring" to be formed which bought and sold the Legislature. They have nomi nated bad men for high positions, and have given the most responsible offices in the State to men utterly unfitted to hold even the mean est positions. And finally, they have capped their actions by placing a man named Gorham in nomination for the Gubernatorial chair a man who is the organ of the ring, and who runs on a distinct pledge to force on the State a measure to gain which corruption ha3 been continually used. The result is what we ex pected. In the city of San Francisco alone six thou sand registered Bepublican voters refused to come to the polls. All through the State an apathy has seized the respectable members of the party, and the result is that the Demo cratic candidate is the elected Governor, in all human probability. The opposition to the head of the ticket has extended to the subordi nate officers, and we have lost a Congressman. Nearly all the municipal offices are in the hands of the Democracy, and it is a toss of a penny as to who gets the United States Sena torship. For this evil the Republicans have to blame themselves. They have made their bed, and on it they must lie. We only hope their example will be a warning to the Repub licans of the other States. Ours is not a party to be forced into sustaining corrupt men. We are not a Democratio meeting, where the whip can secure the election of Satan, if he gets the nomination. The possession of honesty, compe tency, and patriotism is the only seourity that the nominee will succeed. Without this, nine, teen thousand majority melts away into thin air. Merited. We notice that Rev. Henry Wendt, the late Superintendent of the Sol diers' Orphans' Home (Lutheran), was yester day sentenced by the Court to fifteen years' imprisonment in the State Penitentiary. We are heartily glad that the scoundrel gets the full term allowed by law, and only regret that the English law, making this offense capital, does not continue in force in the United States. Tub Suoab Product of Brazil. The English Consul, Mr. Morgan, in his latest commercial report on the trade of Brazil for the year 1866, states that sugar, though formerly almost entirely the product of slave-labor, does not appear to have suffered from the complete abolition and cessation of the slave traffic. The exports of last year amounted to 48,000 tons, whilst the average ot the preceding twenty-five years was only about 11,000 tons. Of the totul amount exported, about 36,000 tons went to Great Britain or a Channel pDrt for orders, 1200 tons direct to France, 2700 tons to Sweden, 2700 tons to Portugal, 3000 tons to the United States, and the remainder to the River Plate, Holland, Germany, and Spain. The proportion of the different qualities of sugar produced had con siderably altered. Planters find it not worth their while to make the better qualities, the difference in price not paving for the trouble and delay, and now but eeldom take the pains of claying their sugrar. In consequence of this less than one-fourth of the whole crop at present consists of whites, about one-fourth of clayed browns, and aoove one-half is raw sugar. Thb Sultan oh Chbistunitt. The Sultan's religious opinions are under discussion in Eng land. The Primate said, in a recent speech at Maidstone: "You all know the Sultan has been here lately, the enemy, or supposed enemy of Christianity. I was Informed by the Prince of Wales a few days ago that, in answer to an entreaty to him to protect his Christian sub jects, the Sultan's answer was and a most re markable one 'I will not only protect my Christian subjects, but I will protect Chris UanUy.' I think that a most remarkable an swer." . Empty Honors. Among the recently nom. Dated chevaliers of the Legion of Honor are two attache of the French Embassy In Mexico, who were supposed at the time the honor was conferred upon them to be snugly locked up in a Mexican convent as cIobb prisoners. The Fall jjjJi Oatette calls the m "knights in partibu$." A Dmbcttvi Pbaibhp. A Tlppernry grand jury have resolved that Head Constable Talbot has shown during the recent Fenian outbreak "an amount of self-possession, ability, skill,' and courage that has never been anrpassed, if ever equalled, and which merits the highest approbation of the kingdom at large, and should be substantially acknowledged and re warded by the Government." An English Journal says this praise is deserved, as Mr. Talbot has been present for two years past at Fenian raecllnus in every part of Ireland. Cckiods Story aiiout Garibaldi. There is an extraordinary story in circulation in Italy (according to a letter from Florence) respect ing an interview between Garibaldi and an emissary of the Italian Government on the territory of the ancient but inicrosoopio State of San Marino. At this meeting all existing differences with regard to the Roman question were, it is said, entirely removed, and a com mon line of action was adopted. This means, if the statement be really founded iu fact, that the Italian Government has succeeded in dis suading Garibaldi from his adventurous un dertaking, which would certainly, if oarried into effect, give rise to a new French interven tion. Upon this head it would appear that in formation is at hand which must have un deceived the most sanguine believers in the eventual connivance of the French Govern ment. A large force has been collected at Toulon, resdy to embark for Civita Vecohia on the shortest notice. This, at least, is the tenor of the latest information. On the other hand, we have a speech of Garibaldi, reported from Siena, in which the General is represented &i having said that Rome must soon be added to the dominions of the House of Savoy; that all was ready, and that the great blow would be struck "after the autumnal showers (dopo la rinrcseata)." Garibaldi on thb Cholera. The following letter of practical advice in regard to the cholera has been sent by Garibaldi to one of his friends in Sicily: "Caro Coppola: I am much distressed at the miserable condition of our dear friends at Catania. You know that I consider as brothers and sons the people of Sicily. I shall never cease so to do. Tell your people that the cholera is a scourge of God, and can neither be increased nor propagated iu other countries by any mortal being. Yet people may diminish its awful effects by the following precautions: Firstly, no gathering together of people; therefore, no theatrical nor church service which can attract a crowd. Secondly, no excessive number of persons in one lodg ing; and here the rich, who live in large palaces, can help the poor. Thirdly, the greatest cleanliness in the squares, streets, houses, and, above all, great personal clean liness. Fourthly, trust to doctors and to their reasoning, etc. G. Garioaldi." Scotch:bn in London. The London Scots man says there are only 35,733 Scotchmen in London, and adds some statistics: "Total population of London, 2,803,989; natives of London, 1,741,177; natives of southeastern counties of England, 222,319; of south midland, 147,132; of eastern counties, 15t!,592; of south western, 128.444; of midland counties, 110,801; of Ireland, 106,877; and, finally, natives of Scotland, 35,733. Thus it will be seen that the tendency of the Scotch to go to Loudon is considerably less than the movement in the same direction of the people of any other part of Great Britain and of Ireland. Even foreign ers are far more numerous than Scotchmen." SPEWAL NOTICES. NEWSPAPER ADVERTISING. JOY COK & CO., A gen s for the "Telkobaph" and Newspaper Press of toe whole country, have RE MOVED from FIFTH and CHE8NUT Streets to No. 144 S. SIXTH Street, second door above WALNUT. Offices: No. 144 8. SIXTH Street, Philadelphia; TRIBUNE BUILDINGS, New York. 7S0J4P SPECIAL NOTICES. frT WIESANDS PATENT STEAM GENE--s- BATOR. This Is the most simple, safe, and economical apparatus known for making steam. It la less expensive, both In first cost and use, and its advantages are such that it must supersede every other boiler. IT CANNOT POSSIBLY BE EX PLODED; will Dot lncrust; can be Increased to any capacity by the additions of section; can be separated Into sections for convenient transportation; generates steam fast and dry; economizes in space, weight, and fuel; costs less for brick work and setting up; Is less liable to get out of order, and can be anywhere re paired; and can be manufactured and sold thirty per cent less than any other boiler now in use. Engi neers, machinists, and capitalists are invited to ex amine one ot these Boilers now In operation at Hen derson's Mill, Coates Btreet, west ot Twenty-first. A Company to manufacture this Boiler Is being organ Ised, and one thousand shares ot stock In all ar ofiftred for sale at $50 a share, of which two-thirds has been subscribed. It will be shown to those interested, that a large profit Is already being realized in the manufacture. A model ot the Boiler can be seen at the office of SAMUEL WORK, Northeast cor. THIRD and DOCK Streets, where subscriptions for kthares iu the Com pany will be received. B26tflp MEDICAL BOARD FOR THE EXAMI-a-3-' nation ot Candidates tor Admission Into the Navy as Assistant Surgeons. A Board of Medical Officers la now In session at the Naval Asylum, Philadelphia, for the examination of candidates for admission Into the Medical Corps of the Navy. Geutlemaa desirous of appearing before the Board must make application to the Honorable Secre tary of the Kavy, or to the undersigned, stating resi dence, place and date of birth. Applications to be accompanied by respectable test imoulaU of moral character. Candidates must not be less than twenty-one nor more than twenty -six years of age. No expense la allowed bv the Government to can didates aitrndlnii the sessions ot the Board, as a iuo cmslul examination Is a legal prerequisite for appoint ment in the Navy. 1 he mat y vacancies existing tn the Medical Corps Insure immediate appointment to suocessiul can didates. P. J. HORWTTZ, Chief of Bureau. Bureau ot Medicine and Surgery. Navy Department, August 10, 1807. 20 tullst gggp PARDEE SCIENTIFIC C0UK8E w LAFAYETTE COLLEE. The next term commences on THURSDAY, Sep tember II Candidate or admission may be exam ined the day before (September II), or on Tuesday, July do, the day before the annual commencement. Far circulars apply to President CATTELL, or to Professor B. B. YOCNGMAN, Clerk of the Faculty. Eaaton. Pa., July. 18ft7. 7M4ptf tCvEP THE PENNSYLVANIA FIRE IN- sv SURANCK COMPANY. At the Annual Meeting of the Stockholders of this Company, held oo MONDAY, the 2d of September. IK67, the follow ing gentlemen were duly elected Directors for the va.uui.iK jr.i , via.. EuDtel ftmlth, Jr., Alexander Benson, Inane Hazleburst, John Devereux, Thomai Smith, U ... T -u.il. 3. u I if I ugnaia Fell. JO , I W. WIIIU . . Daniel Haddock, Jr. . Ana at a meeting of the Directors oo the same u, DANIEL SMITH, Jr., Esq.. was unanimously re elected President. S 12t WILLIAM O. CROWELL. Secretary. THE PENNSYLVANIA FIRE INSU RANCE COMPANY. . The Directors bae this Osy Cellared a dlvldeud ot 8EVEN DOLLAR AND VI V Chi NTS per share on the stock of the Company for the last six mouths, which will be said to thu stoukholdors or their legal representatives, alter the I'iiu Iniiauu aot yu. U. CltOWJiLL, Secretary. t2T'1:.II?InKf,HAM DEMOCRACY OF THE iM.YiTirJ K"r i.'u"'uliun to meatl.adnors JiiJii-. J . " OD Tu,l"ly. I am woll aware ol the Jim r S you in selecting mMlhv.o- i iS'in AMM-lnatlon Commute" in preieret.ee l iMrTJ. iTi-wh?r 1 nl have all th glory and ninnt lu' r the following resectable ir. Wrndy, Mm I'r.cmrt. poc III'. t'OUd. HfMVinil V-ml Mr. heller 'j lil'rt Preclnot. Mr. King. Konrlh Precinct. Mi. Madiinn, tslxih Prpcinot, won me exci-piion of picking Dr. noacra oi.ket and axnanl ln( his person, there was no Br.iRgert. ne my colleagues. My lender f rieni a. In tr ln tn heat inv brains out yi.u were c u.iifd by one lending motive, to wit: ) ou were well awure that I knew the autecedenia ornir "IIihcIc Jack Brigade," and that 1 had the pluck to give the puhlic a pen aad Ink photograph of tlieni at my earlient opportunity. The nest Quarter t-f'SHlonn In thin latitude Is the court of puoilc opinion, and by the god's I win bring up eery one of your Swell Moh before It, an i lash them with a ven mncs. 1 am now a was lutvr benn,aMd everwlll be airue PemoC Bi: but the "Forty Thieves" who control the Filth Ward are much m'sluk'n if tney thin my opinion i them will ooze out with the fluid extract of bluckjai k. I spit upon them aoa (heir champions, hiio hen my eyes are well enough to write a long article. J will p-ov to every mend of law, order, and common decency, thai such rnlliiins should be taught at the polls that Chris'laniir Is not yelqul'e obioU'e. It Isan old saying that '-two bends are better than one." and when the rowdies, last Tuesday, "put a head on me," they w ere "cuttiug a stick to beat them seves." Tin rear three c'ssses of the true Democracy of the Filih Ward, to ech or whom I wilt address a letter previous to election: 1st The While Americans. 2d. Decent, honest Irishmen.! ad. My latter beer frienus of Dutch persuasion. A nd if 1 do not prove t" their sulo.loii ibat they never run he tiuly represented until the ,4K irty 'I lib vea" are crushed out at the pulls, I will Invite th dancing devds at Military Hall to purtorin. Bin llicr bop J K on my cranium. I will now close with the solemn assurance to the piib'tc, that I never raised my voice above a whisper ui ill slier the doo'or dressed mv wounds, and thai I nevir knew, until I rad it la yeleranyVTici.i OHrn it at theie was any attsck made upon the (' nvention, lor I was carried to the rear early la the dn. If the Judge of Quarter Sessions' will comoai the froi-er ofUdnl to bring up this case Immediately (lor chiipoI h fluid to wall), I will prove to the C urt and this community that my only hobby through Hie haw net u adeti imlned opposition to rowdyism, no ni iter in what party It was to bt foud. Ti e genius who started the story about me getting ui on a table to harangue the crowd, can have my bat. 1 was requeued to get upon a table In the after noon to show my wounds to the crowd, and that Is the only loundatluu lor that story. HUH on neck. WILLIAM P. BKLTON. Intiruatloual Hotel, Friday morning. Sept. 6, ItxiT. KSUr- OKF1CE OF THE FRANKFORD AND ss' PHll.ADKLPH.IA PASSKVOKR RAIL WAY COMPAWY, No. 2463 FRANKFORD Road. Phh.auki.phia, August 28, IW. AH persons who are subcriners to or hold ri ot the Capital stork of this Company, and who have not yet pain tbe uuih Instalment ol Five Dollars pershare thereon, are hereby notified that the said leu'h In-t-inimeul has been called In, and tnat they are re quired to pay the same at the above otllce onthelJih oay ot September, lt-67. By order ol the Board. 8 261t JACOB BINDER, President. t5& BATCHELORS HAIR DVE.-THIS splendid Hair Hye Is the best In the world. The only true aoiliierfrri Dye Harmless. Reliable. In stantaneous. No disappointment. No ridiculous tinUJ. Natural Black or Brown. Remedies the ill effects of Bad Jniet. Invigorate the hair, leaving it soil and beautiful. The genuine Is signed WILLIAM A. BAK'HKLOR. All others are mere Imitations, aud should be avoided. Sold by all Drugglsui and Per fumers. Factory, No. 81 BARCLAY Street, New York. 46fmw rrrrPsi SCHOMACKEK & CO.'ci CELE 17 ti f BRATKD PIANO Acknowledged supe rior In all respects to any made tn this oouutry. and sold on most reasonable terms. New and Second hand Pianos constantly on hand for rent. Tuning, moving, and pecking promptly attended to. 6 ID am Warerooms, No. 1103 CHEHNTJT St. "ALL can have beautiful hair. EIGH GLOSS INSTEAD OF OBEY DECAY! LONDON HAIR COLOR RESTORER AND DRESSING. Thsonly known Restorer of Color and Perfect Hair Dressing Combined. NO MORE BJLT1VESS OB GREY HAIR. It never fails to Impart life, growth, and Igor to the weakest hair, fastens and stops Its falling, and la are to produce a new growth ot hair, causing It to grow thick and strong. ONLY ?S CENTS A BOTTLE. HALF A IHJZEN, M'OO. Sold St DR. SWAYNE'S, XO. 880 HOBTH SIXTH STBKET, ABO VIS VINK, And all Druggists and Variety Stores. Ifmw4p ACENCY OF THE Union Pacific Railroad Company. office or wa DE HAVEN & BROTHER, NO. 410 SOUTH TOIBD STBEET, Philadelphia, September 8, 18fl7, We desire to call attention to tbe dlilerence In the relative price of the First Mortgage Bonds of Union Paclflo Railroad, and the price of Governments, We would to-day give these bonds and pay a dif ference of I'Jio OS taking tn exchange U. S. s of 1881. iR168 do. do. s-aiso lHfli sshh'M do. do. 6-&oflM. 12043 do. do. 6-2' 18 ol 1865. )75t8 do. do. 6-2os ol '. Jan. & July f 175 08 do. do. S-20sof'67. KS 08 do, do. 8 coot. 10-40S. t2o4-t do. do. 7 8-10 Cy. Aug. Issue. llwi-43 do. do. 7 S-10 Cy. June Issue. 1174-43 do. do. 7S-10Cy. July Issue. (For every thousand dollars.) We offer these Bonds to the public, with every con fidence In their security. StOtutbflm DE HAVEN St BRO. piRST PREMIUM! PARIS EXPOSITION. PATEK PHILIPPE & CO.'S WATCHES. THE ABOVE 9IAKXBS HATE DECEIVED TUB 1'IBMT SOLD MEDAL AT THI PA KIM EXPOSITION. BAILEY & CO., No. 810 CHESNUT Street fmwtt Bole Agents for Pennsylvania. OALTIM ORE IMPROVED BASE BURNING FIRE-PLACE HEATER, WITH .Magazine and Illuminating I InAri. Tna most Cheerful and Perfeut H water In Use. To be had Wholesale and Retail of J. N. CLAKK, 61m2p No, luus MARKET btreet. Palls fill i to"' ..' nn' PEBSONAL. I HEREBY FORBID ANY one trusting my son.JOUCV F. HLUNDIN, as be Is dolug no business lor me, aud I will not be re- sponsihlelor any dtibls of his contraction. Phlla-.ISept. 8, lmfl. 48i M. BLTTNDTN1 PERMANENT BOARDS O CAN BE HAD AT lhe"Rtreat," bCilOOL Lane. 1 4 wfm2w s C H C U C K'C SEAWEED TONIC, AND MANDRAKE PILLS. SCIIKNCK'8 SKAWHI5D TONIC, PULMONIC SYRUI MANDRAKE PILLS. SCHENCK'S SCAWKKD TONIC, PULMONIC SYRlfP, A MANDRAKJJ TILLS. SCHENCK8 SEAWKED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCIIENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCIIENCK'S SEAWKED TONIC, PULMONIC SYRUP, AKD MANDRAKE PILLS. schenck's seaweed tonic, pulmonic Syrup, AMD MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCIIENCK'S . SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCIIENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, , PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, j PULMONIC SYRUP, AND MANDRAKE PILLS. Dr. SCHENC'K la professionally at his Princi pal Office, Philadelphia, every Saturday, where all letters for advice must be addressed. He is also professionally at No. 83 BOND Btreet, New York, every Tuesday, and at No. 85 HANOVER Btreet, Boston, every Wednes-' day. He gives advloe free; bat for a thorough examination with his Rosplrometer the prloe Is S3. Office hours at eaoh city from 9 A. M, to 8P.M. , Prloe of tbe PULMONIC BYRUP and SEA WEED TONIO eaoh Jl'60 per bottle, or I7-50 a half-dozen. MANDRAKE PILLS, 25 oents per box. A full supply of Dr. Schenck's medicines for sale at all times at his rooms. 9 6 fit Also, for sale by all druggUts and dealers. PULMONIC SYRUP, SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AMD MANDRAKE PILLS. SCHENCK'S SEAWEED TONIC, PULMONIC SYRUP, AND MANDRAKE PILLS. 40 MILEB OF THE UNION PACIFIC RAILROAD, Running West from Omaha Across (he Continent, Are now completed, and It is eipected that ths r malniog tn miles to oarry the traok to the bas o the Ilocicy Mountains, will be Bnlshed early la Ocloooc. OoDlraois have alretdr been made for rook-nuAioge beyond, to be done dnrlng the winter. The work is being pasbed forward with equal energy on the Cali fornia end or the route, under the direction of tbe Central Pacllio Company, rammenolag at Basra mento, and It Is confidently expected that ths two roads will meet In 170, thus completing the entire grand line conntcilNg the At antic and PnoiHo ncana, oa wbloa THIKTY-KIVK MILLION DOIL.UM la cash bave alrtady been expended. Front ths liberal Government aid ths wealth and energy of the stock holders, and tbe ready market lor the Pi rut Mortgag Bonds, there is oo want of funds lor the most vigorous prose ullon ol the work, and Its early completion Is as cer'ln as any future bust nets event oan be. The available means of the Union' Paclflo Rallies. Company may be briefly summed up as foils ws: I.-VNITED STATE ItONIA, bearing alz per cent, currency Interest at the rate of 16,4X10 per mile for snides on the plains; thso at the rate ol sw.ooo per mile (or 450 miles throagh the Kooky Mountains; then at the rate ol :ix,ouo per mile lor the remaining distance making an average or about SBdiod per mile. Tbe desire of the Government te secure the early construction of the llond is so great, and Its completion Is so Important to the country, that It takra a SECOND LIN as Its seourity. The Government Issues these bonds only as eaoa aeetloa of to miles Is nuished, and alter It is certified by United States Commissioners to be in all respects a ant-claw road, and fully equipped with stations, locouiutlves. Cars, etc., aud ready for business. .-ITS OWN riHHT JIOUTOtCIF. BOKBt. By lta charter the Company Is permitted to Issae It own First Mortgage Bonds to the same amount as tbe Bonds Issued by tbe Government, and no more, and oi(y ai th road proareuet. Tbe mortgage whioh se cures the bondholders is made to II ou. K. D. kfergaa TJaited States Henator front New York, and Ilea Oak es Ames, Member of the United States House af Bepreentat:ves from Massachusetts, as Trustees, who alone can deliver the Bouds to the Company, aad who are responsible for their issue la striot accord ance with the terms of the law. 8.-TIIE LAND CI BANT. The Union Paoiflo Kallroad Company has a land grant, or absolute donation from the Government, er 12.8UO exes to the mile, which It Is believed will not be worth less than thirty milllen dollars. I.-TDE CAPITAL STOCK. Tbe authorized capital of the Union Pacific Bail road Company is One Hundred Million Dollars, ef wl.Ioh five million dollars have bees paid on the work already done, and ol whioh it Is not supposed that more than twenty-five milllena In all will be required, Tbe Company have been careful not to make aay statements, to the public that were net fully war ranted, and their published estimates of future earn lags hare always been much less than the aotsat results. . Tbe true prophet who should predict nke Immense business that must at once follow ths o pea log ol tbe only through line connecting the Atlantis and Paclho Slates aud, Indeed. Europe with China and Japan might be considered as visionary as tbe originators of the Erie Kallroad, who estimated that its future business would at iwtte time reach tre na tions a year, when it has already reached more than fifteen millions. NET KARNINeftOF THE I7NION PACIFIC It-klLHOAD. During the quarter endiug July 81st of the current year, an average of 32 miles of tbe Union Paoite Kallroad was in operation. The Superintendent's report shows the following result: EAHNINUS. rasnpngers .. tlM.WM Freight.. - bU,lf Telegraph.. .. .. 1.416-U Wal.s 12.1401 Transportation, Contractor's Materials...... M VM U " " Men as,irn-r EXPENSES. Kepair"oi Track " Engine, Cars, Shops, etc... Offices and btatious .... Conductors, Engineers, etc........ Trai oa.....M ,,,., isx EaaMuiea to balance................. $llM,iSS'W .. flSI.08'S S0.M4-44 M,t7M ttl,iW-7S 16 .44 M SI, M3.038 M From the relative high charges, the operating ex. penses of the road are but Xi per cent, of tbe earn ings, and the ratio would be much less if the contrac tor's business were not done at half rates. Throwing; out charges to contractors for transportation of mate rials and men (479,2s-41), and deduotlng from -the aggregate of all operating expenses (3M,53u,32) 127 per cent, (f 157.504 42) as the proportion chargeable en the work done for contractors, which was less than actual cost, because of the half price charged for it, and we have the net operating expenses on tbe com', merclal business for tbe quarter, I237,8-S0. The account for the commercial burtnett stands as follows: Earnings for May, June, and July.M.M....723.755-M Expenses " ' ' Viwm Net profits of operating 829 miles ot road three months., ......... ..,... i tt,min The amount of Bonds the Company can Issue on 825 miles, at lu.OOO per mile, la I5,2w,000. Interest la gold, three months, at 6 per cent., oa this sum, la 178,000; add 40 per cent, premium, to correspond with currency earnings, Is ioBoo showing that the net earnings for this quarter were mors than four time the interett on the First Mortgage Bonds on this length ot road, "First Mortgage Bonds, whose interest Is so amply provided for, and so thoroughly secured, must by classed among the tafat Investments. They pay SIX PER CENT. IN GOLD, And are Offered for the present at NINETY CENTS on the Dollar, and Accrued Interest at Six Per Cent, in Currency from July 1. Many parties are 'taking ad fan tags of the present high price of Government stocks to exchange fr these Bonds, which are over IS per cent, cheaper, and at the current rate of premium on gold, pay Oyer Nine Per Cemt. Interest. Subscriptions will be received In New York at the Company's Office. No, so NABS AC Street, and by , CONTINENTAL NATIONAL BANK. CLARK, DODOE StS JOHN J, CISCO SON.'baVU No. S3 WAAL Street. In Philadelphia. THE TRADESMEN'S NATIONAL BANS. DE HAVEN s BROTHER. WILLIAM PAINTER & CO.. TOWN SEND WHELAN A CO., J. K. LEWAitS k CO.. F. BTEEB, In Wilmington, Delaware, K. B, ROBINSON fc CO., JOHN McLEAB A SOW. m iaA.B AND BANKERS eenerally through out tue united States, of whom m&ni and ilaonHnUv v Kuipuieui may he obtained. JOU1T 9, CISCO, TBEAatTBEB. NEW YOKE. August 10, 1 W7. 9 now
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