THE DAILY EVENING TELEGRAPH PHILADELPHIA, FRIDAY, NOVEMBER 8, 1807.
tewing flepi.li
PUBLISHED EVERY AFTERNOON, I
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FEIDAY, NOVEMDBB 8, 18C7.
The rropoed Union of the Treabyte-
rian Churches.
Thbbb ia at present flitting in our city the
General Union Convention of the Presbyterian
Cliaroh, the object of the assemblage of which
avowedly Is to secure the union of all the
opposing branohes of that denomination. We
hope that Its object mar be successfully accom
plished. The division between the New an 1
Old School, and the reform school, and all the
other schools of Presbyterians, has long been
the subject of keen regret by those who desire
to see all working together to forward the
Influence of the Church. It would seem, from
the actions of the wise men of that denomina
tion, that they have not read iEsop's fable of
the bundle of sticks, or else they would never
have presented each of their feeble schisms
separately to be broken by contact with
the world. It has long been a wonder to
Intelligent men why it is that, while
professing the most nnequalled enthusiasm in
their Master's work, the tendency of all de
nominations is to divide into counter factions,
Vrhioh are not allowed to exist In any seoular
Association. It would, indeed, appear that
Sinners are wiser in this generation than the
children of light; for we do not see politioal
parties, in their struggle for office, cutting
themselves up into fragments, with such dis-
rcguru w power as 10 maxe us nave a suspi
cion of treason. Yet this has marked the life
Of the Presbyterian Church. Doctrines infi
nitely minute have been the oause of division;
details so trivial and unimportant that, had
tney ooourrea in any omer association dui a
Church, would not have merited debate, much
less division have been, magnified into rocks
On which the society has split. The eleotion
of deacons and the power of elders was one
Of the great causes of the almost fatal separa
tion into the Old and New School Presbyterian
Church. These divisions, small at first, have
grown with time, until for some years there
has been little more union between the two
"schools" than either has with the Roman
Chnroh. At last, however, the folly, the
wiokedness of such a saoriflce of the power in
their possession to the petty arguing over a
amall difference, has become apparent, and
both the conventions of the divisions adopted
resolutions favoring a union on some basis of
compromise. And this Convention is the
fruit of this desire to Becure a united Presby
terian Church. It is, therefore, of great in
terest to the Church at large, and should re
ceive the sympathy of all those who desire to
see the influence of an influential religious
denomination extended.
Its suocess, however, depends, to a very
great extent we may say depends entirely
on the preservation of a spirit of unity and
mutual concession among the members. It is
vitally important that each should yield his
partioular theory, in order that a basis gene
rally satisfactory can be secured. And a9 the
Convention was called for the declared object
of effecting an union, it seems hardly neces
sary for as to add our conviotion that, if any
one is in it who is not in favor of such a con
summation, he owes it to himself and the
Master he professes to serve to withdraw,
Without seeking to cause disoord. Recognizing
the importance of fraternal unity of sen
timent among the members, we extremely
regret the untoward ooourrenoe of Wednes
day afternoon. The oircumstanoes of the
case are not laid before the public, and a false
Impression may be engendered that a serious
division exists in regard to the feasibility of a
union. The truth is that Dr. Breckinridge, of
Kentuoky, commenoed a speech with deny
ing the possibility of the union of five diffe
rent branohea of the Presbyterian Church,
eooffiDg at the object as one so impossible as
not worthy of being attempted. In the
course of his remarks he stated that not one
of the Committee on Union were theologians,
and for this statement was very properly oalled
to order by Mr. Stuart, who was acting as
President. The Doctor made some quick re
tort, and was continuing in the same strain,
when the President insisted on his desisting,
which, after protest, he reluctantly did. It is
due to the rest of the Convention to say that
they did not appear in the least to sympathize
with the course of the reverend gentleman,
and seemed much annoyed at the tone which
he adopted.
Looking at the objection urged against the
Committee, on Union, that none of them
were theologian, we fail to see any good cause
for complaint. on the contrary, we most
heartily congratulate the Convention that its
committees are not "theologians." What is
needed t present la not a discussion of the
refined subtleties of the faith, nor the views o
the members on some obscure passage of St.
Paul on the subject of deacons. Men of sound
common sense and earnest religious faith are
the only ones who can gain the objeot In view,
ft was the theologians who caused the dis
union. It has been their contumaulouBness
Which has kept the breach open; and the most
encouraging harbinger that the union is prao
.(ioable is furnished by Dr. Breckinridge, when
he tells us that the men who hare the matter
In hand are not "theologians." If all the dif-
furanoea between "tweedledum" and "twee-
dledee" are kept out of the Committee, a plan
of onion is certain.
Let as urge the members of the Convention
to do ail they possibly can to make the Church
present an unbroken front. There Li no
necessity of reopening the sabjeot of faith.
The articles of all the five branohei are lien
tloal. On all the cardinal prlnoiples they
perfectly oonour. They hold to the same
creed and follow the same tenets. Why then
quarrel over the minutiae of Church govern
ment f Canoel all prejudices, and for the sake
of the good of Christianity oeaae to permit
such a positive soandal as a Chnroh professing
to work only for the advancement of religion,
quarrelling within itself over insignificant de
tails. It makes one doubt the sincerity of the
profession of all when they see so little of their
declared principles carried into praotioe. Let
us, then, see all barriers thrown down, and
one grand unit furnished by the Presbyterian
Church a structure which will resist the
charges of all enemies, and be powerful in de
fending the faith against the assaults ol "the
world, the flesh, and the devil."
The Legality of Running tho Carson
Sunday.
Toe Supreme Court in bano deoided that the
running of the cars on the Sabbath was -not
illegal in such a light as to bring it before that
Court, and also held that the running was
lawful, and not a "breach of the peaoe." This
opinion was delivered by Justice Thompson,
Chief Justice Woodward and Justice Read
assenting; Justices Agnew and Strong dis
senting. An opinion in the case was de
livered by Justice Read, and the substanoe of
it we give in brief. Speaking of the law in
thS case, he says:
By the act of the 29 Charles the Second, ch. 7,
for the better observance of the Jjord's Day.
commonly called Hu nday, no tiadesmuu, arti
ficer, workman, laborer, or other person what
soever, shall do or exerctseany worldly labor or
worn of their ordinary call In km upon the Lord's
Day or any part thereof (works of necessity and
charity only exoopledh "under a penalty of five
Bhilllpgs."
Under this statute. It has been held, a sale of
a horse wag not void, such aule not being made
In the ordinary calling of the plittmia' or lilt
agent; so a contract of hiring made on a Hun
day between a farmer and a laborer for a year
is valid, and tbe enlistment of a soldier by a
recruiting officer Is not witulu the statute. The
words "other person or persons" do not Include
the owner or driver of a stitfie coach, and there
fore their contraoU to carry passousers on a
Hunday are binding; ho an attorney entering
into au agreement on Huuilav for tbesetlleuient
or his client's affairs, uud thereby rendering
himself personally liable, is not thereby ex
ercising his usual ciliiut?; and tbe penalty can
only be Incurred ouce ou the same day. So a
farmer engaged in haymaking on BuntUy is
not witblu the statute; nor are railways. The
statutes clearly do not apply to railway com
panies, so as to render it Illegal for tbera to run
trains for the coovpyance of goods or passen
gers on a Sunday. " Onitty on Curriers, 117.
Such was the law of England at the founda
tion of the Province of Pennsylvania by Wil
liam Peon; for although railways wore not in
existence, stage coaches were, in 1658, in Crom
well's time. Ponn's views on the subject of
Sunday are to be found in his works and those
of Barclay, and were the views of the Society of
Friends, who were the early colonists. In the
laws agieed upon in England, expression is
given to them in the thirty-sixth law: "That
according to the good exumple of the primitive
Christians, and for the ease of the oreatlon,
every first day of the week, called the Lord's
Day, people snail abstain from their common
dally labor, that they may the belter dispose
themselves to worship God aooording to their
understandings."
In the great law passed at Chester' In Deoom
ber, 1082. we find this declaration as to liberty
of conscience: "Nor shall he or she at auy time
be compelled to frequent or maintain any re
ligious worship, pluce. or ministry whatever,
contrary to his orner mind; but shall freely ana
fully eujov his or her Chrisllau liberty in that
respect without any interruption or reflection.
But to the end that looseness, Irreliglou, auil
atheism may not creep In uuder pretense of
conscience, in this Provluoe, 'Be It further en
acted,' thut according to the example of the
primitive Christians, and for the ease of the
creation, every ilrst day of the wees:, called the
Lord's bay, people.shall abstain from their usual
and common toll and labor. That, whether
raasteis, parents, children, or servants, they
may the better dispose themselves to reai the
Scriptures of truth at home, or to frequent such
meetings of religious worship abroad as may
best suit their respective persuasions."
Then came the act of the 2M of April, 1791,
which was passed the year after the yellow
fever had devastated our city, and which Is the
existing law. The first seollon enacts that "if
any person shall do or perform auy worldly
employment or business whatsoever, on the
Lord's Day, commonly oalled Sunday (works of
necessity nuu cnariiy oniy excepted), no anaii
for every such offense forfeit and pay four
dollars."
It will be observed that the act of 1G82 con
tained no penalty, which was, however, sup
plied by the act oi nw; out the act. or noa, like
the statute of Ch. 2. did not apply to stage
coaches or to travellers by publlo conveyances,
and this was the wise auu noerai law or me
Province under whloh grew up the usages men
tioned by C. J. Lowrle, In tbe Com. vs. Nesbit,
10 Casey, 3U8, and whloh would be Illegal under
a strict construction of the act of 1791. In 1779
and 1780 the language was changed, and this
accounts for ine exception oi stage coacuea in
the provisions of the last-named act.
From these laws and their exceptions, Jus-
tioe Read deduces the opinion that the prohi
bition was not intended to apply to cars or
coaches. In regard to the morality of the run
ning of the cars on Sunday, he ooncludes his
lengthy opinion as fallows:
Havine established the absolute necessity. In
the present slate of our city, of passenger rail
ways, and the utter impracticability of doing
without them, why should there be one day In
seven in which that necessity munt oease, and
not operate? All thai ceases on sunaay is com
mon toll or labor, aud tbe intention is to proteot
tbe laboring man, who earns his bread by the
sweat of bis brow. Besides worship and prayer,
there are hours for healthful and innocent
recreation. These are protected by the consti
tutional provision.
We have public squares and a great public
park owned by our fellow-citizens, and In
tended for their benefit and that of their wives
and children. Clergymen, lawyers, physicians.
-merchants, and even Judges, have six days lu
the week in wuicn iney may enjoy an mono
and other similar advantages, and which they
may do so cheaply by means of the passenger
railways. The laboring man, the meohanlo,
tbe artisan, has but one -lay In whloh he can
rest, can drtss himself and bis family In their
comfortable Sunday clothes, attend church,
and then take healthful exercise; but, by this
injunction, his carriage the poor man's car
riage, the passenger oar is taken away, and Is
not permitted to run for his accommodation.
The laboring man and his children are never
allowed to see Falrmuunt Park, a part of his
own property. m
ine cars are requireu ou ouuunjr wuuu; poi
sons to and from church, and are not these
church-going people entitled to have themT
The neoessity for this clearly exists on Sunday,
and so It does enable persons to partake of the
fresh air in tbe squares and parks, and In the
country.
Bui we should not oblige the working-man to
confine himself to bis own narrow, BtifUng
rooni, and forbid him to enjoy the fresh air or
tieaven. We have three long months of summer
whloh the laboring man eanuot escape. Mer
chants, manufacturers, lawyers, Judges, aud
physician run away from them, aud even
clergy men leave their churches, and go to the
seashore or to the mountains, to avoid the
torrid months of July and August. Shall not
htm "Porattvo have the poor privilege allowed
Th Passenger car ou Hunday T
an nii?JnSMcu""lly xlsU od Sunday as on
trl Dr.v.' enhanced by the fact that yoa
houaerSr?elVnio.lunDd attending
leLuty2fu'nX,tUu',efor9. of the entire
the steam railroads, as bi., V."", .r.r.aJu"..f
exceptions both of eoWi-, aud oharu, Tui
niau prowma uvvuut uiu tu wU ear on, tu I
attain mllrnda, and many of the trains carry
nomallatall.
If 1 conceded the tUegnJUr. Ml It would be
clear to me that these plaintiff have a stand
ing In th la Court, and no right to ask for any
Injunction against these defendants. It Is a
matter for the Commonwealth alone, "and she
has her own ohonen officers to protect her own
right, and tbe rights of the whole community
re what, constitute punllo rights, or the rights
of tbe Common wealth. "
I am deeply Impressed wllh the necessity of a
proper observance of Monday an a dy of wor
ship and prayer, aud of rest from Ubor; but
living under the new dlsonnsatlou and not
tinder the old dispensation, I feel no Inclina
tion to turn the Lord's Dy into a Jewish fjib
bath. Thus this vexed quostion is at last settled,
and even those who were most bitterly opposed
to it because they deemed it illegal, can only
now assent, when the highest judicial power
of the State decides otherwise. It is probable
that, as tbey are lawful, they will be very
generally patronized. We may expect to have
the benefit of them fur the first time on Sun
day next, when an opportunity to judge of the
workings of the innovation will be afforded.
We hope it will occasion no disordor.
What the "City Fathers' Did Yesterday.
The regular Thursday meeting of the Coun
cils of Philadelphia took place yesterday, and
the usual business was transacted. By the
usual business, we mean three hours of use
less discussion, and the voting of a number
of bills which the property-holders will next
year have to pay. In addition to the standard
order of business, the question of the Presi
dency of Girard College came up. Seleot Coun
oil, by a rote of 11 to 10, adopted a resolu
tion directing the Directors of the Institution
to suspend all action in regard to the expul
sion of the President until after the Commit
tee of Councils had reported. In Common
Counoil an adjournment prevented a vote being
reached; but Mr. R. M. Evans delivered a
characteristic speech. He said that "Coun
cils gave the Directors the power to
govern the institution, and after the Board
has acted it is improper for the Chamber to
interfere. The difficulty now is a partisan onef
and the gentlemen who complain of the re
moval of Mr. Smith forget that the Democrats
made a clean sweep there, and by partisan
means seoured the election of Mr. Smith."
Ia the first place, the speaker makes a re
markable assertion. The Counoils have lost
all power over the Directors. The Chambers
cannot interfere, whatever the Directors do.
Suppose that they should see fit to destroy the
College, or to close it for six months without
cause, or to charge board for all the boys ad
mitted, could not Councils interfere? It is
absurd to claim that the power to
direct the Directors does not ultimately
reside in Councils. They could not empower
the Board to do an illegal act, and the moment
the Board attempts such, they exceed their
delegated power, and it is not only the right,
but also the duty of Councils to interfere.
So far as the statement that the election of Mr.
Smith was a partisan one is concerned, it is
simply false. The old Board, knowing that
it had no power to remove President
Allen for political reasons, adopted the
expedient of reduoing his salary. The
end was the same, although in one case the
way was a legal and in the other an illegal
one. Mr. Allen resigned, aud there was a
vacancy for months, aud finally Major Smith,
without having anything to do with the crea
tion of the vacancy, accepted the office. His
retention at present is not on political grounds
in the least. The five Republican dailies all
oppose his removal as strongly as the two
Democratic ones. We are demanding justice,
and not political favor; and as Major Smith
is not a Democrat, there can be no sense in the
ci y of politics. But even if he was, and he
did his duty in his office, we would be opposed
to the rude expulsion which has been ooarsely
ordered by a bare majority of the Board. The
speech of Mr. Evans, if it was not convinoing(
was sufficiently long to send the question over
Until next week.
Among the appropriations made was one
of "$300 for analyzing a child's stomach." It
seems to us that this is a rather dear price for
such n investigation. If a physioian oould
get a few children's stomachs a year to analyze,
he would have quite a comfortable income.
Also, $3250 for the expenses of the special
committee to receive "Generals Sheridan aud
Hanoock," which, npon investigation, turned
out to be only for General Sheridan, as General
Hanoock paid all his own expenses. We would
like to have the items for such an exorbitant
charge. Three thousand two hundred dollars
is really enormous for the bills of. three men
for two days and a half.
The trifling sum of $14,500 was appropriated
for the fees of the District Attorney for one
year, and $10,500 for those of the Clerk of
Quarter Sessions. These sums really "o'ertop
the infinite."
Mr. Evans submitted an ordinance requiring
passenger railroad cars to have guards on the
front platform, to prevent persons getting on
or off at that end of the car. This movement
is a good one. The recent case in court, in
which a boy was killed by standing ou
the front platform and being dragged off
by a brick-pile, is a fearful evidenoe
of how necessary such a reform
is. In connection with the same oaae Mr.
Wagner . submitted a resolution looking
towards the removal of brick piles in our prin
cipal streets. As both these questions were of
practical importance, and really demanded by
the condition of the city, they were immedi
ately referred to a Committee, from whose
scrutiny it is improbable that they will ever
emerge. All appropriations are passed imme
diately, without items or examination, but
necessary laws are sent to committee, and in
these graveyards they too often frequently
repose forever. But then Counoils are careful
bodies, and do not wish to act precipitately I
$10000
TO $30,000 TO BR MADE OS
eaob atiatu. on a D.wuL Auulr for
th re d aya , from ! tv . at
Wi JN. WN.WINTU air
DIVIDENDS.
rT- TIIK CONSOLIDATION NATIONAL
BANK.
PHILlItl.PTTIA, NOV. 4, IW,
The Beard Of Directors have Hits day declared a
dividend of SIX PEU CK NT., r abli on dmnand.
cleroUe. JOSEPH N. PK1KHOL,
II 8 Cuthler.
rTr- COMMONWEALTH NATIONAL BANK.
FlllI.nCI.PHIA, NOV. . IHS7.
The Director rift'O this djy rtw Urod a dlvldnnd of
FIVK. PK L'ENI'., alcar of taxes, pryntl on
II 6 Gt
t.aihlor.
rT" GTRARD NATIONAL BANK.
w-s-' i'H!t,niri.pIA, November 5. tMfii
TIo Director rove dt-omred a dividend of HIX I'KR
CKNT. out of the fronts of thn Inst nix iu ulha, paya
ble on demand, clear of United Hto Im.
11 6 6t W. UHCM AFFKR, Cashier.
frrr THE PIII1 ADELPHIA NATIONAL
BANK.
PntLAnBi.PRiA, November 4, 1S7.
The Tdreotorn have declared a dividend of NINE
PKH CKNT. clear ol taxes, pnyah.e on deintud.
W4 6t B. 11. (XlMK Jl M, .pannier.
r5- UNION NATIONAL BANK.
PlIII.ADH.PITtA, NOV. 5. 1HI)7.
The Board of Hirer-torn have thH dav declared a
dividend of FIVK, PrK CKNT. for the lut alx
monihii, clear ol taxee, and payable on demand.
II tat N. O. M LJ.-HKlM AN. Caahler.
lKjT)T THE MANUFACTURERS' NATIONAL
Pirii.ArtRi.rniA, Nov. 5. 1f7.
The Hoard of Plreolom have th in day deelared a
Dividend of FIVK PKH CENT., payable on demand,
tlear of United mates tax.
n not M. W. WOODWARD, CaMiler.
frT" KENSINGTON NATIONAL BANK.
PHIIJtDKI.lMIIA. Nl)V. 5, IS17.
The Director have this day declared a Dividend of
THIItTEEN Pill CENT., payable on doraand, i lear
Of tax. H6tl WILLIAM McLONNKLLi Citahler.
iggr- MECHANICS' NATIONAL BANK.
Philadelphia, Nov, 8, 1HH7.
The Board of Dlrertor have this day declared a
dividend of BIX l'KK CUNT., imyable on demand,
froeol ixxea. J. WIEUAN'D. Jh
11 6 tit Cashier.
KT' FARMERS' AND MECHANIC'
national bank.
PlIILADKITPHtA. NOV. 8,1807.
The Board of Director have this day deelared a
dividend or HIX PER CENT., payable on dumaud,
clear ol United Stales tax.
11 SCt W. ItUSHTOy, Jr.. Cashier.
QAHCAINS! BARGAINS
Nearly Three Hundred Thousand Dollar
Worth of Elegant Imported
DRY GOODS.
r
That Must be Sold Immediate!) .
Silks, Shawls, Cloths, and
Dress Goods
I J! I. VERT VABIKTY,
EDWIN HALL & CO.,
NO. 2S SOUTH SECOND STKEET,
Invite the attention of ladles to their immense
BIOCK OF GOODd now selling at such prices
as cannot fall to give entire satisfaction to pur
chaser?. TIMs large stock MUST be closed out, and the
publlo can depend ou bargains in new and fash
ionable goods. 11 4 if
A CARD. EDWIN HALL &
CO., No. 28 South SECOND
Street, respectfully inform
their customers and the pub
lic that they have arranged
with their Salesmen and
Salesladies to be at the Store
in time to commence Busi
ness at Eight o'clock in the
Morning.
This is rendered necessary in oonsequence
of the number of persons who have been
daily in attendance to make purchases, and
have not been able to get waited npon, and
which will afford them a greater opportunity
to make their selections. nr2t
F NE FRENCH VELVET CLOTHS,
AT REDUCED PRICES.
EDWIN HALL & CO.,
No. 2S SOUTH SECOND STREET,
Invite the attent Ion of Ladles to their stock of
FINE VELVET CLOTH S,
THE BEST GOODS IN THE MARKET.
The Colors are:
Beauti ul Shade of Purple.
Beautiful Shade or Blacks.
Beautiful Bhade of Browns.
Beautiful Shade of Whites.
lUp Brown and Black Mixed Do.
ARCH STUEET. 600
GRIFFITH & PACE.
NEW AND DESIRABLE
GOODS FOB HOUSEKEEPERS
FINE
SWISS OAItVUD BRACKETS,
WALNUT
lllfw
BOOK-SIIELVES AND LADDERS.
PiHILADELPniA 6TEAM PASTE COM
pany's Flour Paste Manufactory, back of No. 10
i KTT1CK Laua. Bookbinders, Paper Box Makers,
Tiuuk Makers, aud all who want a superior article of
Pate CMKAP, will find It to their lulerust to use lu
bold lu or small quautlues. li u
500 MILES OF THE
mm PACIFIC RAILROAD,
Running West from Omaua Across
Uic Continent,
Are Now Completed.
The Union Pacific Railroad Company have built a
longer line of railroad Id tbe last eighteen months
than was ever built by anv other Company In the
Same time, and they will continue the work with the
same energy until It is completed. The Western Divi
sion is being pushed rapidly eastward from Ban ra
ni en to by the Central Paoltio Company of California,
and It ia ex peeled that
THE EXTIltE RANI LIXE
To the Faclflc will be open for business In 1370, More
than one-third of the work has already been done,
more than one-third of the whole line Is now In rnn-
I nlog order, aud more laborers are nowemployod upon
It than tvei before. More than
FORTY MILLION DOLLARS lit MONEY
Have already been expended by the two powerful
companies that have undertaken the enterprise, and
there Is no lack ot runds for its most vigorous prose
cutlon. When tbe United Htates Government round
It necessary to secure tbe construction of the Union
Faclflo Railroad to develop and proteot Its own In
terests, It gave the companies authorized to build It
such ample aid as should render Us speedy comple
tion beyond a doubt. The available means of the
Union racltlo Iiailroad Company, derived from the
Government and its own stockholders, may be
briefly summed np as lollows:
I. United States Bonds,
Having thirty years to run and bearing six percent,
currency Interest, at the rate ot $16,000 per mile for
517 miles on the Plains; then at the rate of 118,000 per
mile for ISO miles through the Rocky Mountains; then
at the rate of 32,000 per mile for the remaining dis
tance, for which the United States takes second Iten
as security. The Interest on these bonds Is paid by
the United States Government, which also pays the
company one-half the amouut ot Us bills In money for
transporting lis fielght, troops, malls, etc, The re.
malulng half or these bills U placed to the compaoy's
credit, and forms a sinking fund which may finally
discharge the whole amount ot this lieu. The claims
againbt the Government since April of the current
year amount to four and one hall times this Interest.
2.FIrst Mortgage Qonds.
By Its charter the Company Is permitted to Issue Its
own First Mortgage Bonds to the same amouut as the
bonds issued by the Government, and nn more and
only as the road prooresses. The Trustees for the
bondholders are tbe Hon. E. D. Morgan, U. S. Senator
from New "Yrk, and the Hon. Oikes Ames, Member
of tbe U.S. House of Representatives, who are re
sponsible for the delivery or these bonds to the Com
pany in accordance with the terms of tbe Uw.
3. The Land Grant.
The Union Pacific Railroad Company has a laud
grantor absolute donation from the Government o'
12.8110 acres to the mile on the Hue ot the road, whloh
will not be worth less than f 1 60 per acre at the lowest
valuation.
4.The Capital Stock.
The authorized capital of tbe Union Pucllo Rail
road Company Is ?100,oo ,01)0, or which over f5.wO.000
have been paid ou tbe work already done.
THE MEANS titJFFICIENT TO ItUILD
TUB ROAD.
Contracts for tbe entire work of building 014 miles
of llrat-class railroad west from Omaha , comprising
much ot tho most difficult mountain work, and em
bracing every expense except surveying, have been
made with responsible parties (who have already
finished over soo miles) at the average rate of sixty
eight thousand and filty-elght dollars (0s,0M) per
mile. This price includes all necessary shops for con
struction and repairs of cars, depots, stations, and all
other Incidental buildings, and also locomotive, pas
senger, baggage, and freight cars, and othet requisite
rolling stock, to an amouut that shall not be loss than
looco per mile. Allowing tbe cost of the remaining
one hundred and elghty-Blx of the eleven hundred
miles assumed to be built by the .Pucllio Company to
be tM.OOO per mile,
The Total Cost of Eleven Hundred
Ulles will be as follows!
914 miles, at 8.058. fi2,2O5,012
Ih miles, at 90,ooo.. 10,7-10,000
Add discounts on bonds, surveys, eto............. 4. 500,000
A mounts t. '44,012
As tbe United States Bonds are equal to money, and
the Company's own First Mortgage Bonds have a
ready market, we have as the
Available Cash Resources for Building
Eleven Hundred Mllesi
United States Bonds ..........29,328.000
First Mortgsge Bonds 2i8,000
Capital Block paid In ou the work now done. 6,809,751
Land Grant, 14.080,000 acres, at f lvo per acre. 2 1.120.00)
Total......... ........SS,i4o.750
The Compary have ample facilities for supplying
any deficiency that may arise In means for construc
tion. This may be done wholly or In part by addi
tional subscriptions to capital slock.
Active inquiry has already been made for a portion
of these lauds, and arrangements are now proposed
to oll'or a part of them for sale. While their whole
value will not be available for some years to come
they will remain a very Important source of revenue
to the Company. The lands ot the Illinois Oentral
Btt lroad Company are selling at from 16 to $12 per
acre, and other land-grant companies in tbe West are
receiving equal prices for similar properties.
n'Tl'RE IltMIJiEIH.
The most skeptical have never expressed a doubt
that when theUulon Paclllo Railroad is llulshed, tbe
Immense business that must flow over It, as the only
railroad connecting tbe two graud divisions oi the
North American continent, will be oue of the wonders,
of railway transportation; and as it will have no
competitor, It can always charge remunerative rates
The I'aclUo Mall Steamsbip Company, or New York,
Is now runuing a regular line or its splendid steamers
between Ban Francisco and China aud Japan, whlcb
Is doubtless tbe pioneer or other Hues that will tra
verse the PaclUo Ooean laden with tbe teas, sploei.
and other products of Eastern Asia, Exeeptl ng some
Very heavy or bulky articles of comparatively low
values, shortness tf time decides the direction of
heights, and most of these cargoes will find their
natural transit over the Union Paclllo Railroad,
It la quite witblu bounds to say that its tratllo will
be limited only by the capacity of tbe line, and that
no ether road will lied a double track so necessary.
California and Oregon must not only be supplied with
meansof trausport far their passengers, mall, treasure,
and other freights, but the Inhabitants of Dakotah,
Colorado, Utah, Idaho, and Montana will communi
cate with the older States almost entirely by this
road. It will be the avenue to all the great mining
district, which Is only waiting Ibis read means of
communication to receive a population that will de
velop its vast mineral and other resources, and whloh,
of lUelf, would furnish ample busluess tor a railway
line.
FABMIXOS PROM WAY BUSIXESSl.
While the through bu'luesi af ths Company will be
aaplyreniuueraUve.lt is still In tbe future, but tbe
local business on the part ot the road In operation has
been most satisfactory.
During the quarter ending July II, an average Or
I &tf Dulles or the Union Pacific Railroad was In opera-
JngVu? Jvatni "Pert .howf the touow
WAD Nix on.
TrT.rnao6lfrhl;Te,C,f,pb' M Mails.. ,v71,r7M-M
Transportation of Com ractors- Materials and
m bp ,
- I7J.WU
vjo,oa8-B
oel. Repairs. OOlce., Conductors. Trains,
Total
wv. . - -.ll.WI,0S8 s
... '-""H cxpenftoa on th cn,,,,,.
business for the quarter were 2ST,m-5o. The ae
count for tbe commercial buttttrs, stands as r'ollows:
Earnings for May, June, and July 47a 75-m
Kxpensea " -H. yn'wv,
Net Profit.. M'S,7k-04
Tbe amount of Bonds the Company can Una on
J-2B miles, at (111,000 per mile. Is 5,?oo,O0O, lolerwtin.
sold, threa muntlm. at a nap rmnt nn hi
, - .., w BUUl, 1.
78,000; add 40 per cent, premium, to oorrrapond with.
currency earnings, is liw.zuo Showing that the net
earnings for this quarter were morn than four times IA
interest on the Viral Mortgage Bonds on this length Ol
road.
THF FIRNT MOltTGAGK BONOS,
4 " r iw ,ruvii'u ior, ana wnose
Interest is so thoroughly secured, must be classed
TIIET PAY MIX PER CENT. In UOLI
AttA are offered lor the present at NINETY ORBITS
ON THE DOLLAR, and accrued interest at Blx Per
Cent. In currency from July L
Many parlies are taking advnntageor the present
high price of Government stocks to exchange for
these Bonds, which are over is per cent, cheaper, and
at the current rate or premium on gold pay
Over Nine Per Cent. Interest,
Subscriptions will be received In Philadelphia by
HE HAVEN A BROTH Kit. No 40 8. Third street.
WILLIAM PAINTER A CO., No. ao S. Third .trees'
J. E. LEWAKS & CO., 8. Tnlrd street.
TUB TRADESMEN'S NATIONAL BANE.
In Wilmington, Delaware, by
R. R. ROBINUON & CO.
And In New York at tbe Company's Office, No. M
NAB8AU Street, arid by the
CONTINENTAL NATIONAL SANK. 7 Nassau sU
CLARK, DODGE A CO., Bankers, Wall si.
JOBN J. CISCO & HON, Bankers IS Wall St.
And by the Company's advertised Agents throughout
the United Etaies. of whom maps aad descriptive
pamphlets may be obtained on application. Remlt
tsnces should be made In dralts or other runds par la
New York, and the bonds will be tent free or charge
br return express.
JOHN J. CISCO, TliBAIiiTREIt,
NEW YORK.
11146S
Ottober IS, l&ffi.
C L O D E
MUTUAL LIFE INSURANCE COMPANY,
NEW YORK.
PLINY FREEMAN, President.
IORINO ANDREWS. 1 wii.m..
JOHN A. HARINBKRGH,,V,oe-p"Bl,lonU'
xtENRY C. FREE MAN, Secretary.
C1NII ASSETN...
..1,000,000
ORGANIZED JUNE, ISGt.
ALL POLICIES NON-FORFEITABLE. FSB.
M1UM8 PAYABLE IN CABH. LOBSEtt PAID IN
CAHH. IT RECEIVES NO NOTES; AND Ul Via
NONE,
By the provisions of its Charter, the entire surphia
belongs to Policy Holders, nnd must be paid to them
In Dividends, or reserved for their greater security.
Dividends are made on tbe contribution plan, and
paid annually, coamenclng two years from the date
I It has already made two Dividends, amounting tn
$104,000-00,
An amount never before equalled during the first
three years of any company,
FREE PEHMIKNIOXCIIVEX TO TRAVEb
Mfi Til E VK1TEO 81 ATI N AHI EVBOPH
AT AL KEAMOMS OF THE YEAR. NO
POLICY FEE BKHl'lltED. FEMALE
It I Sj KMT A HEN AT Til E CSC AC PRINTED
It At EM, NO EXIBA PREMIUM UEJLNQ
kt F. HANDED.
Applications for all kinds of Policies, Life, Ten
Year Lite, Endowment, Term, or Children's Endow,
mints taken, aud all !nforn.allon cheerfully afforded
a the
BRANCH OFFICE. OF THE COMPANY,
No. 408 WALNUT Street,
PHILADELPHIA,
ELMLS &
GRIFFITT8.
MANAGERS.
Department of State of Pennsylvania.
Charles jc, Elmks, late of Phlla National Bank.
W. J. GBIJTJTTB, Jr. 10 21 WH2U4p
Fire, Marine and Accident Insurance eCTeolad In
the most reliable Ci mpanles ol this city, aad In those
of New York. New England and Baltimore
P
O R T
WINES.
We have just received a
splendid invoice of really fine
OPORTO PORT WINE,
Which we offer by tho Cask
or Demijohn,
At Importation Prices.
SIMON C0LT0N & CLARKE,
H. W, COB. BROAD AMD WALHTJT NTS.,
JO n PHILADELPHIA.
JpOR TIIE INFORMATION OP
HOLDERS" OV GOVERNMENT' BEOURITIES,
who way wish to convert them Into the
FIRST MORTGAGE BONDS
OF THE
CJnion Pacific Railroad Co,,
We publish below the terms npon which I hey may
now be exchanged at the office of the Agents oltii e
Company lai his city, 1 8
. PAIKT in CO.,
HO. te SOUTH TIIIBD ITUEETi
We make the exchange to day (November 7), and
pay a difference as follows; n uoip
On floOO of Five-Twenties, ol 18S2. ,, .
" " 1M lli-00
" low. - lWx
" 1885 and liOT.Juiy- ttfso
" Teu Forties 975
" litls. i wts
M Juneeeveu-Tblriles............ iH'ts
" JUly M MMIilWiWMMIIM, !&e1S