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THURSDAY, DECEMBER 5, 1867.
Inanciul IMllerences "Under Which
King, Uezouian t"
Tab laudable desire of an American citizen to
asoertaiu for himself what would be for the
good of his country, would naturally lead him
to attempt an investigation of the finances of
liis native land, and seek to ascertain, from
Borne of those writers who have given the
subject their attention, what is the correct
polloy for our Seoretary of the Treasury. If
lie Bets about this national task, he will soon
find how vain is all trust in human intellect.
There .appear not to be any two
thinkers of the present day who conour
In any plan which
true polioy for our nation.
would be the
We remark this
with surprise. Before now
differences in other matters.
we have round
Questions of
publio concern generally have two sides to
them, and each writer follows one banner.
But in the present case there is an army, eaoh
man of which carries his own standard and
fights Under his own flag. They differ not in
detail, but at the very foundation. We notice
the two leading New York papers of yesterday?
the Tribune and the Herald, took occasion, on
he publication of the Report of the Secretary
the Treasury, to comment on the contents
I that document and to express their views
the subject of finauoe in general.
Reading the two articles side by side calls
lo mind the journey of Dou Qiixote and
Janoho Fanza. Let the national banks be the
Windmill, and the parallel is perfect. "For
lone," oriodthe Don, "directs our affairs. Look
yonder, Sancho, there are at least thirty out
rageous giants whom I intend to enoounter,
and having deprived them of life, we will
begin to enrioh ourselves with their spoils; for
they are lawful prizes, and the extirpation Of
that cursed brood will be an acceptable servioe
to heaven." "What giants V quoth Sanoho.
Tray look better, sir; those things are not
giants, bat windmills, and the arms are their
sails, which, being whirled about, make the
mill go." The difference of opinion between
our contemporaries is as great as that of the
knight and his squire; and what with the Don
Of the Herald and the wild ideas of the Sancho
of the Iribune, and his attempts to con'
vince his neighbor, we do not wonder that
people buy land, and begin to tremble at the
mention of national finances. Let us instance
. a point of difference. The Ti ibune, in speak
ing of the circulation, favors a total with
drawal of all legal-tender,- and the substitu
tion in its place of national bank notes.
It says:
"LegaUienders are a 'forced loan'1 a tort of legal
robbery, adapted only to a slate of war. Tiiey
de not conalitute a paper-money currency, per
manently secured, aod adapted to a slate of
peace. The National Bunk note do. There Is
nothing of tbn character of robbery or force
about them. Tbey are not depreciated Govern,
merit lk-B. 1 hey represent no brolceu promises,
2 hey are well-secured promises to pay 'dol
lars.' "Ay paper currency, to deserve the name,
must be 1. Becured; 2. Redeemable. Green
backs are neither, 'ibey area, siautllnoj adver
tisement that the United Mtaleg ar Insolvent.
Ihe national hanking system will furnish us a
currency both secured aud redeemable In gold,
to soon as the tJovemment. aud the couotry
shall return to specie paymtnls. Ills Impossi
ble to do It before.
"We ruoBt bave some banking system adapted
to a condition of peace. The leijal-tenders arena
banking system whatever, but a forced loan. They
bave no seLf-rrgulaiiug, expat Hive and contrac
tive power, adapted to the business wants of
the community,"
The question here is fairly met anl decided
in favor of the bank notes. In fact, the article
and language are so strong that we almost
begin to pity the poor creature who could
favor "greenbacks," and think that, after all,
but few people are so deluded, and that that
question is satisfactorily settled. But in look
ing at the Herald, where are our conclusions J
That paper ftaiutains direotly the reverse,
With quite equal energy. It says:
"The Secretary speaks, of ihe banke being
connected with the creditor the Government.'
He has not the hardihood to sy tuey are iieoes
tsary to II credit. Yen, they are connected with
the credit 01 the Governments-thai is, the Gov
ernment lends theru 1U credit to bank upon,
and makes iu addition a gratuity to them oi a
national clroulatin-r medium. It is a ono-slded
aflalr, aud the banks Ret alt the benefit. They
are a no earthly use to the credit of the Govern
tnent and ntver can be. It is a monstrous
monopoly, drawing upon the credit lent to them,
and the circulation giveu to then), fifteen or
Blxteen per cent, from the industrial earnings
of the people. Mr. Mot'ulloch aud the Comp
troller of the Currency endeavor to make It
appear that the banks do uol receive this enor
kious benefit, and that there would be no sav
ing by the saustltutlou of a leal-ieuder cur
rency for national bank circulation, aod they
particularly refer to the. taxes the banks pay by
Uie way of sustaining their argument. This is
limply ridiculous, and an lusult to the common
lense of the nation. JFe want no contraction,
imionly a uniform currenci by substituting legal
lenders for the natUinal bank circulation. We
fcball s,row up to specie payments. If that be
dehlrable, williin a few years through the natu
ral growth, of population, business, aud the
. country."
Here, then, in language quite as emphatlo,
and with argument almost as Bpeoiou3, the
Opposite i held foni. The patient is lying
senseless. Says docto. 0f tUe K00t "it
Is apoplexy; bleed him t,,iyf and draw. thft
Mood from the head." Ba, aootor of the
Hew sohool, "It is exhaustion; yoa valae
Jiis life, not a drop of blood must drawn
Stimulants are all that can save hlm.v Anil
we UDprofeBsionals stand nndeolded, and woid
It cause great surprise if, meanwhile, the
patient died 1 Yet, to the unflnancial eye, the
diaoussion between our financiers looks not
unlike our sick-bed parallel.
The two great divisions which present irre
concilable differences may be called the con
tractionist and expansionists. The first desire
to withdraw the legal tenders from circulation
and substitute In their place a ppecie currency.
This view of the question has been substan
tially declared in . favor of by the actions of
Cimgresa and the repeated support of the Seo
retary of the Treasury. By law that officer was
authorized to withdraw four millions per month,
if be deemed it expedient. There seemi to b9
little doubt that, unless a financial revulsion
takes place, such a polioy will be the one at- I
tempted. If this idea is not carried to an ex
cess, it will not necessitate the withdrawal o1
the National Bank notes, for as these notes
are not fictitious in value, but represent so
much capital in national bonds, and as, by the
resumption of specie payments, so far as the
legal-tenders are concerned, the bonds become
worth their face value in gold, therefore the
notes will really be the representative of gold,
and will circulate on a par with coin. Such
seems to be the course marked out by Mr.
McCulloch. It is bitterly attacked, however,
by the expansionists, who declare that with
contraction and an attempt at resumption
will come stagnation of business, prostra
tion of trade, in fact, financial ruin; that all
the past teaches ns that in seasons of depres
sion, expansion is the only cure; that Great
Biitain has again and again ridden free of the
storm by an increase of her circulation, aud
that tor ns to contraot when we are already
weak is a suicidal polioy.
They favor expansion, and numerous are the
plans proposed. The Herald and its advocates
wish to Bee all the national bank notes returned,
and in their place let ns issue a yet larger sup
ply of "greenbacks." In other words, there
are now about $700,000,000 of note3 and green
backs; call them all in, and issue new "green,
backs" to the amount of say $1,000,000,000.
This will carry the oountry through the present
depression, will cut off the profits of the na
tional banks, and reduce these institutions,
which are named by these opinionists as little
better than the giants which Don Quixote
charged upon, to mere oompanies for disoount
and deposit. To this the oontraotionists reply
that none of the remedies proposed would be a
remedy; it would be but postponing the evil
day, and make it ten times worse when it comes;
that expansion cannot continue forever, and
that we had better suffer and resume now, when
we have but $700,000,000, rather than increase
the trouble in the future by making
the circulation half as large again; that it is
but a temporary makeshift, and neither war
ranted by prudenoe nor policy. Such is the
difficulty in which our people are placed. How
shall we decide between the two ? Each is
but a theory. Eaoh seems plausible and well
founded until we hear the other. Bat the
opposition utterly annihilates all the simplest
principles of its opponent. With one or the
other we would be satisfied, but wjth both our
nation can only say, "How happy I would be
with either, were t'other dear charmer away."
Not wishing to be . partisans of either theory,
we state each, and let our readers choose for
themselves, if they feel inclined to form a
decided opinion.
. The End Approaching.
It is not neoessary that the mighty enter
prise which is slowly completing the Pacifio
Railroad Bhould finish its task before we reap
the advantages. ' Already is the effdet per
ceptible in the increased facility and rapidity
of connection between us and the Pacifio
coast. Up to the present date it has always been
much quicker to send the mails by steam
ship than it was across the Plains. So much,
however, of the road is now completed as to
take less time to forward the mails by the
railroad, so far as it is completed from the
West, than to send them by express across the
intervening distance until they meet the line
pushing from the East, whence they come
direct to Philadelphia by mail. Aocording to
the old method, it required twenty-three days
to come by sea; now the mails whioh arrive
te-day come direct in fifteen days. This is
unprecedented, and when we remember the
importance of speed in business letters, it is of
incalculable advantage. The New York Herald,
in speaking of this fact, Says:
"The fact that It la now possible la due to the
nnmuv wMnn ban been manifested by the
liniou Pacifio Kailroad Company in
the cou-
struct iou cf the great national
Une whlofc that
corporation nas
bad In hand. The total time-
from Japan to New Yorn is now reuueeu to
aboot forty days, while the Liverpool mer
chants may receive their advloes by this route
in nine or teu uays more. The industrial armies
who are digging and blasting a way for the lo
comotive, ti.iough the Itocky Mountains aud
the frtlerra Nevada are worklug as directly in
the interests of Mew York unu European capi
talists aud merchants as of those personally
connected with the railroad companies. In
five years hence the wonder will be, not that
any parties were audacious enough to. project
and build a Pacifio Hallroad, but that the busi
ness men of t his city and of the country were so
long content to do without it."
The Bigns of the times cannot be mistaken.
It is not merely by the report of the Company
that the approach of the end is seen, but facts
epeak too plainly to deoeive. The great
project of the century is nearing its comple
tion, and the vast current of trade will ere
long begin to flow in the channels whioh the
myriads of laborers and the millions of capital
are now preparing for its reoeption. And with
that opening will come a commercial revolu
tion. EDITORIAL CORRESPONDENCE.
The Great allsslaslppi River system of
tbla Corantry-Tbe Three Grand Divi
sions Tba Valley of ttoe Ohio, of the
Mississippi, and of' the Bluouil-The
Development of Bach The Railway
BysUm of the Country Bta'i
ffilnmph Over Nature, Ktc. Etc.
St. Louis, Mo., Deo. 2, 1807.
The distinguishing feature of the United
Slates east of the Rocky Mountains is the won
derfu 1 river system of the Mississippi river and
Its tributaries. To get a Just and comprehen.
alveldeaof this, one must study the map. It
will be noticed that Ibis system divides itself
""Rurally Into three great parta an eastern,
ce'W), and western; the valley of the Ohio
rlv r ov,BtllnUng ue eastern, the valley of the
Mltfc,ls,Pioroper constituting the central, and
the valley oi lna Missouri constituting the
wet tern. Thee,enlt)f tUl8 rlver system, the
amount of navlgam H Bfford8, th0 produo.
tlvet.ess of the count., u drBlnBi.nd ln8 ra.
pldl.yof development u populftllonf wealth,
a,d power whioh H has w,ue8geiJ au'd u now
.witnessing, are tinparaiielej aywner8 la tUe
worM. ,
. .M to mere extent it la stupeadom., tj oovera
rrure than twenty degrees of latitude And 1
mtre than tbirty-flve degiees of longitude. Iti
navigation extends from St. Paul In the north
to New Orleans In the Hotttli, aud from Oil City
in the KiiMt to Fort Bunion In the West. 1U
headwaters In the East drain Western New
York and Pennsylvania; In the North, Minne
sota and Wisconsin; and In the West, Montana
and IlritiBii Columbia. Tue trip from Pittsburg
t Fort Benton In Montana by steamboat Is not
only practicable, but has t een an actual fact of
more than a si ogle occuirence In the course of
commerce.
Ihe productions of this vast region embrace
nearly all vailelies of all climes, from the
cotton, rlce,sui4u om e. and oranges of the lower
Mississippi to i lie peii o.cum, ooal, aud Iron of
Pennsylvania, the whe itund lumber of Mlnne
eota and WIhoouMi), I tin bulfiloe of Kansas,
the furs ot Brilisu Columbia, and the gold dust
of Montana.
The E.iHlem d.vlsli n of this great river sys
tem, or the Ohio vulley, has been pretty wel
developed. It nan given us the spleudldagrl
c- 1 tu re or Bouiheru Ohio, Indiana, aud Illinois
end of Kentucky, and the mineral and manu
facturing Interest of whioh Pittsburg and Cin
cinnati are thechiol coutres, which together can
hardly have les than half a lullllou of popu
lation within their limits or immediate de
pendencies. The Central division, or the Mississippi val
It y proper, lain progress of development, but
aa yet Iim vast resources have been but slightly
brought out. The agriculture of lis lower seo
tlou, including the production of cotton, rice,
and sugar-cane, is in a very rude and primi
tive condition. It was much prostrated by the
war, a i..d nas not j et recovered eveu lis former
(talus. Its cBpubililles, however, are en nn nis;
and whenever the political sondlilou of th e coun
try shall have become pernraneitly sottled, so
that capital can be snfely used In those sec
tions, no porlidn of the country will advauoa
more rapidly in population aud wealth than
the Lower Mississippi valley. ' New Orleans
will then regain her former Importance as a
commercial point, and will advance with more
rapid strides than ever before.
'! he regions of the npptr Mississippi, Includ
ing those portions of Illinois, Missouri, Iowa,
Wisconsin, and Minnesota which are i m medi
an ly tributary to tne rtv. r, are lu the prooass
ot rapid arowlh and development.
There aie liiinjeiibe mineral resources of lum
ber, Iron, lead, uud coul in these regions, that
are just beginning to be turned to account, and
tbat point to the future establishment of a man
uiacturlng Interest, at 81. Louis which will pro
bably eclipse any ibiug of the kiud In the couo
try. Ihe agricultural tesonrces of this part of
thevilley ;ue exhautless. Iowa, Minn .-sola,
and Wisconsin are among the greatest wheat
growing Stales in tho Union. Western Illinois
raises Immense quantities of corn, stock of all
kinds, and is a country kindly adapted to the
peach and grape. It also ubouuds In coal. The
pineries of the Upper Mississippi are extensive
aud valdable. The natural outlet fir all this
country Is by way of the Mis
slbsippl river, and if there were
great city like Now York or Philadelphia at
Us mouth, nothing could prevent the Oow of
oo tu me roe In that direction. But the great
commercial centres or the country, regulating
our foreign trade, are situated on our AUantto
seaboard, and bave determined the rail way sys
tem of tue country into an almost exclusively
east and west system, so that there is a oonslaat
tendenoy to counteract the natural flow of the
trade of the West, as determined a priori by her
rivers, end to carry It to tho Kastern seaboard.
The events of the past six yeirs have weli-nlgh
established this, to some extent at least, artifi
cial direction of commerce In the United States.
Its first great impetus, however, was given by
the geulus of thut far- seeing statesman, De Witt
Clinton, when he projected and established the
Erie Canal, connecting the great lakes with the
tide-waters or the Atlantio. Had be lived a
quarter century earlier or later, New York and
New Orleans might perchance bave exchanged
places,' Such is the luflueuce which a great
mind often exerts upon the destinies of a coun
try. There are now nearly a score of railway
lines touching the Mississippi at various points
from St. Louis up, and leading away to the
East. These roads bring little or no commerce
to the river, but, on the contrary, are so many
artificial channels by which its trade is carried
away to the Atlantic seaboard, Instead- of find.
Ing i's natural course to the Gulf of Mexico.
Many of these lines cross the Mississippi and
extend their Iron arms around to the valley of
tbe Missouri. ...
There is nothing more interesting to the
thoughtful observer than this mighty east and
west flow of commerce In tbe United States
It shows tbe power of man to compete with
tbefoicesof nature on a great soale. Nothing
seems more lu accordance with tbe laws of
nature than that the trade of the Mississippi
valley and its tiibutarlts should have concen
trated at the mouth of that river. It Is as natu
rains tbat water should run down hill. Yet
the bulk of that mighty commerce is directed
fiom Us natural channels, Is carried away over
rivers and mountains, aud distributed to the
world from a distant seaboard.
I have hardly lefi niytelf room to speak of
what I have denominated the Western, or Mis
souri valley, dlvislou of this great river system;
yet, for tbe sake of presenting a couueoted
View of the subject, I will tax the reader's atten
lion a little further. .
The Missouri river Is really the great parent
river, aud tbe Mississippi is Hub true tributary
Above their junction at Alton the Missouri 1.4
tbe larger stream, has tne greater number of
tributaries and more important ones, is the
longest river by nearly a thousand miles, aud
drains by far tbe wider ex tout of couuuy. Tbe
Missouri rises in the Kocky Mountains, as far
west as tbe longitude of Salt Lake, aud ab onl in
the latitude of Northern New Yoik. Its firs
course is for a long distance northward, until
It almost reaches the British possessloas, and
here, away at tula northernmost point, lu
higher latitude than that of Quebec, it become
a navigable stream, for steam uoats of a large
capacity. It maiutalua an easterly course,
without falling essentially from th'n
high latitude, for about a thousand miles, re
celvlug on Its way the Yellow Stone river, itself
a navigable stream: It then commenoes to fall
on" rupidly to the South until, at Kansas City,
after flowing a thousand miles more, and re
ceiving the Kansas aud Platte rivers, beside
Innumerable smaller tributaries, It turns al
mosi squarely to tbe east, traverses the entire
State of Missouri, and unites with the Missis
sippi a short distanoe above St. Louis. This
grest valley Is as yet almost a ferra incognita.
Through, tbe State of Missouri It is settled up
along the stream, but the country baok Is still
lo a great extent lu Us virgin condition. Tu
eastern border of Kansas Is settled to some
considerable extent; and there are some settle
n.enis in Nebraska and Western Iowa. Above
that, there is almost an unbroken wilderness
clear to Fort Bonton, where the Montana trade
la reached.
The chief towns lu the M lssourl valley are
Kansas City. Si. Jos. ph, Omaha, and Leaven
vt orth. There Is more activity, more stir, more
settlement, more development going on Just
now Im tbe lower portion of the Miasouii valley,
aay from Pt. Louis to Omaha, than in any other
portion of the country. An Immense immigra
tion is pouring Into Missouri and Kansas, espe
cially along the lines of the railroads. A great
deal or money, loo, Is In circulation from the
great publio works which are In progress. The
whole Kansas vslley Is fuof life from the
construollou of the Kansas Pacifio Railroad,
niieasirn:iar state or things provalls alow
the valley of the Platte from the building of
the Nebraska Pacifio III 11 road, more comm inly
and strictly called the ' Uulon Pacifio." The
development of the Montana gold regions U
also giving a (treat Impetus to the trafflo of the
upper Missouri. More than ninety boats, I am
told, made the trip this sensou from St Louis to
Fort Bento i, and Ihe number lu tbe trade for
next season will probublyo still larger.
Ibe resouro s or ibH gral valley are as yet
almost wuolly undeveloped. The loer por
tion of it comprises the very garden of the West
lor agricultural productions. WhU cup cities
the Upper Missouri v tiler will show In this
rent eo: are still a matter of conjecture. Its rich
tits In the precious minerals, however, Is fully
estab Ished, and Is already stimulating a large
nd profitable commerce.
I bave tbu bilelly sketched the romark ible
river system of the Mississippi and Us tribu
taries. The world luruishes no parallel to It.
IU development Is still in Its merest Infancy,
yet It has built up great cities aud founded a
mighty commerce. Persons are now living
who will see It lnbnbl ed by a hundred mil
lions of people and controlling the destinies
it this country. The sceptre has already
passed from the Atlantio slope, never to be
regained. There is no longer any "West" thit
side of tbe Kocky Mountains. Kansis Is the
gergrapbloal centre of Ibe continent. This
mighty valley, with Us teeming millions, is to
be the future seat of the greatest and most
wonderful empire tbat the world ha ever
teit.1 T 1). T.ll
SPECIAL NUTICes.
rT THE MONTH OF ROSES IS TI1K MUST
' ftaKiatit month in the calendar, but H Id eo n
over, and oom lies a-wluierli g. But remember,
luuhp, with i'uaWiu'n ".NlKUt-Jiluomlug Cereas" oil
your iil.eU), you c-tn have a rarer lertu ue than
June flowers ever yielded all tue year rouuj. 2V-eiu
uutcuf. it
ftggp NEWSFAPER ADVERTISING. JOY
COE & CO., Agents for tbe "TKi.KaBj.Pif'
end NewRpaper Press of tno wbolecountry, have RE
MOVED from FIFTH and UOKKNDT Hireecs to No
144 8. SIXTH Street, second door above WALNUT.
OrriLH:-No. 144 8. SIXTH Street, Philadelphia
TRIBUNE BUILDINOW. New York. 7S0j4p
rZr GRAND UNION F A IR
a-35' cm tub
BAPTIST CHURCUKd OK P iIILADELPHI V,
IN Alii Of T K
MKVOltlAf, BAPTIST CHAPEL,
now b iDgerecteo under 'im auspices orine UITIRTC
J-XIfeNal NJOMIkfl-8IOJf.ln ooeoon MONDAY
kVENJKO real, L. ceu.ber 9. al (J jiXuKtir H-iLb,
Ed will contlDtie for one week.
A nezcel.f Dt selectluu or KA SCY AND TT-EFUL
A1U U I.KH will be oil n'e at reasonable urtces at tie
tt-le of the dlllerent Churohe. AL1. CHANUKs.
VOTING. n:HiOIM. KIO.. WILL BKr-R10.Li
PBGHI HITKL) i UHINO 'I HE FA IK, and theim oh
Jcctloi nble features being Olstllowtd. the nalronatce
anrt Minrort of ihe denomination and nubile itenerant
are - arm etty solid ed and exp-o.ed.
'j lcseis can De procurea at me iinust. ruoucavon
Rooujs. Ne. ftf'l Arcb street and irora th -uueriHin-
doniSHiid Teachers of the various Baptist Sunday
ecni oin. iz o J'.
In order to avoid any Interference with the Fair,
the Hamler Oicliestra iave moRt ir-nroiilv cm-
ginteito defer tbelr usual Monday aiiernoon Con
cert, o i the th tnn t.
UJS'IOtf LEAGUE HOUSE
BROAD STUbEr.
Philadklphia, Nov. 80, 1867,
THE ANNUAL MEETING OF THE
VMON LEA Ci 143 OF I'IIH.AIKL,P1II A
Will be held at the League House,
ON MONDAY 1VENINO, December 9,
AT 7 O'CLOCK.
At th's rreellng tl ere will be an election for Olllcers
and Dlrtctois to serve lor the ensuing year.
CtUOllUB II. IIOHER,
11 80 7t BECR ETAR Y.
(Kp MOUNG SHAW LOO, OP MAULMAI.V,
He Burmah, bavlriK completed a clai.siei.1. ih )
loiitcal and medical educatlou, is about to- return to
bib unlive land.
A Fa KKWKLL MEETING will be held
ON THURSDAY EVEN ING, Uecemher 5.
AT THE TABEKN4CLE BAPTIST CIIL'ROH,
CHJiftNU 1' Htreel, west of Eighteeoih,
Addresses may be expected lr.m Brethren Shaw
Loot O. D. Bourdmap. and J. II. Castle. 12 4 3t
DELAWARE AND KARITAN CANAL
COMPANY. AMD CAMDEN AND AM HOY
RAIT ROAD AKD TltAWbi'OJil ATiON COM
PAIS Y,
Pbtnokton, "N. J D 2, 1887.
Tbe Directors of the uboveCompan.es bave ordered
that ihe Transfer Books of Capital Hiock be closed on
JANUARY IS and JULY 1& in each year, until the
bJ- ION D DAY of tbe following month: and any divi
dend declared will be vavable to the stockholders,
standing as rnrh on tbe books of the Companies, on
the FIFTfc ENTH DAY of the month iu which the
dividend Is dec-lured.
11 H0 6t RICHA RD STOCKTON, Treasurer. .
PENNSYLVANIA RAILROAD COM-
PAN.Y. TKEA MKUH'S DEPARTMENT.
Fbiladki pmia, Nov. 2, 1847.
KOTICE TO STOCK HOLDfc.RB.Th Board or Di
rectors have tli if day decared aseml-aunual dividend
of .1 il REE PERCENT, on the cuplial stoca of the
Company, clear ot National and folate taxes, payable
on and alter November an. 17. Blank powers of at
torney orcollectlng dividends ran bf bad at theolliue
Of the Compai y, No. 238 S. '1 HILD Street.
Persona holding Scrip CeitlU' ates can have them
cashed ou preseutailon at thin Ollice.
IM 6w THOMAS T. FIRTH. Treasurer.
irt PLMOUT 1 RAILROAD COMPANY.
Notice Is hereby given tbat a u.eetlim of tbe
8torkholders or said Corunany will be held at D. R.
Brown's Montgomery House, in the bo rough of Nor
risiowu. ou MONDAY, liece.i ber 9. 1MS7, at 10 o'clock
A. M., to elect Mx Managers of said Company to servo
the ensuing year. D. 11, MULVANV,
II 14 tin becrelary.
fryf- OFFICE OUT THE LEHIGH COAL AND
"- KAVIOATION COMPANY.
NuVFUBKB 29. I8l7.
At a ppfclal meeting ottbe Board oi .Mainpernor
the Lehigh Coal and. Navigation Cijmpany,;hid.ibla
day, Messrs. ErtwaidW. Clork, John Welsh. Clarence
H. Clark, ano Uei.rge F. Tyler were elected to IUI lb"
vat ancles earned by the resiynaiiou of Messrs. Jaooli
P. Jones. Freueriuk Urutf, Hamuel E. Mtoke, and
I barlea Wheeler from their positions u Manugers of
Shi. i Company. F. MITCHELL,
11 2M8t Httretary.
tfj&f OFFICE OF rilE LEHIGH CJAL AND
vrs-' NAVIGATION COMPANY.
i'llll.ADBI.eillA, Nov. 20, 18H7,
At a special meeting oi the Board or Managers ot
the Lehigh Coal and Navigation Company held thN
day. EDWARD W. CLA.hK, Esq., was elected Pret-
ueiu oi sain uinipniiv, 10 mi ine vacancy occasioned
by the resignation ot Ju
mea H. Cox, i , from auld
ollice.
F. MITCHELL,
Secretary.
it 2i et
FARMERS' AND MECHANICS'
NATIONAL BANK.
FHILADKI-PBIA, Nov. 29, MH7.
For tbe convenience of its Htockholders this B.iulc
wlll pay lo the Receiver of Taxes tbe flate Tax oi
'ihiee Mills now due upon their rns ectlve aiisrm,
11 29 M W. RUWHTON. Ja Castile'.
frpr- COMMONWEALTH NATIONAL. BAN K
Philadelphia, Dee. 8lf67.
For tbe convenience of Its ftockholuers, this Batik
will pay to the Receiver of Taxes the Htate lax of
Tl ree Mills, now due upon their resffccit ve abre4
4 8t It. C, YOUNii. Cashier.
f2J PKOFESSOK BLOTS' LECTURES ON
CXOKERY, 111 AHSSiMBLY BUILDINGS,
TENTn and ( UEHNUTbtreete, at 10 n clock A, M.,
Do. e iib r 4, 8 8, and 9. Terms for the course of
lour lectures. f:t; sl"gle lecture l. li a
138
r WIEGAND'8 PATENT STEAM GENE
RATOR Is cheap, compact, economical In ub,
and ABBOLtTELY fsAFJfi FROM ANY FOH3I
BILITY OF KXPLOblON
Apply at tbe Office of SAMUEL WORK, N. K, cor.
Ber of THIRD and DOCg B'reeia. i p
t3jr HOLLOW AT '3 PILLS.-FEVER AND
v- AGUE. 'Ihe preparations et Uululne and
Calomel pr.scnb.d by the laciiliy lor this disease
are nioie destructive in tbelr ravage on the hum ill
bud? thau toe ei.mplhlut Itself, vrlfylnv ihe old
ai aye. "A remt dy worse thau the dlsetse." Hollo
wai's Fill pieM no mineral polH'in, hud are more
speedy and efiicuctous lu proiuotluk a permanent,
cure, bold by all d uB(f lata. liltuUiut
UNIVERSAL EXPOSITION,
Harltj, 1867 STEIN WAY & SOff
TRIUMPHANT,
htvlmhrai awarded the First Grand Ool1 Medl
foi ah ericau Grand, hqua-eanil Uorignt 1'Unon. 0
Ihe ui'Milmotia ve diet of the lnle-nvlnn l .lury.
til Midal is distiuoily claaslded tint iu order of
n erlt
Over all
other American Exhibitorj,
And ovrr more than fhur hnmiren PInoi ent r-d lor
ro i eiitlou by near y all tbe most celebrarel mnu-
fartiiM r-of h urooe.
FOR PALE ONLY BY 4 iO tu.bitt
BLASITJ8 BR03.. 1006 CUESfJUT St-
" A LL CAN HAVE" BEAUTIFUL HAIR."
JlX.
LONDON HAIR COLOR.
1 N DON II Al It ttil.OR.
LONDON 11 AIR COLO 11.
LONDON HAIR COLOR.
LONDON HAIR COLOR.
LONDON HA lit COLOR,
NOT
A
DYE.
NGT
A
DYK.
J ON DON HAIR COIXin
LONDON HAIR COLOR
J.UMXI.N II A I It i OLOIt
LONDON II AIR CO i OK
JiFKlllliKK AND DKKH.-1NG,
KESTOHKK ANO DKKS-tINO,
JIFHTt HKK AND I lt K-l NO,
REfc.Tt.lll Kit AN" DRKS8ING,
The only known Restorer ot Color and Ferfect Hair
IrtMilng combli ed.
no more baldness
i() MORE BALUNI-H-t
NO MOHK RaLINKS4
NO MORE BALDNlMdi
OH
OK
OB
OH
GREY HAIR.
GREY HAIR,
OBEY HA.1K.
OBEY HAUL
It never falls to bnpart IH'e, growth, and vigor to
theveakeet hair, rumens and stops Its falling, and Is
sure to or. duce a new growth of balr, causing it to
grow ii l k and strong.
Only 7ft ccuu a bottle; balf 1or,en, 14.
bold at l)H, HWAYNE'S,
No. 830 N. SIXTH Mtreel, above Vine,
Andal) Druggists and Variety Biorea. 8 2tuthis
VIENNESE SKATE DAGS,
THE UREAT CIIBI.HTM Aft
IN O V 12 Hi T Y.
These Elegant Goods bave been expressly designed
for this
CHRISTMAS SALES,
AND ABE SOLD EXCLUSIVELY BY
BAILEY & CO.
No. 819 CHESTiUT Street,
10 2 thstn
PHILADELPHIA.
JUST AT THIS TIME AN
earni st spirit of Inquiry hs sprung np la the Jewish
I Lurch, which promises great good to the Christian
World.
INTO THE LIGHT;
OR, THE JEWESS.
Is written with the legitimate purpose of assisting
all earnest inquirers, using the laaguage ofan exalted
111 era tore and the mechanism of the modern novel
to help In tbe accomplisbmeiit of Its purpose.
NAOMI, THE PfiKRLESfJ, the exquisite copy ot
a thousand models existing In our midst everywhere,
orawn by the hand of a woman, of great power, will
la tbe love of every reader.
For dignity and simplicity, nobleness of purpose,
broad teliglous toleration, freedom from cant and
preaching, truthful pertrayal of life In town and
country
t INTO THE LIOIIT
Is not surpassed by any modern novel,
tl'78 buys It at every Bookstore In Philadelphia.
IORINGv Publisher,
K - BOSTON.
S3
i
E.
To Persons Intending to Effect
INSURANCE! UPON THEIR LIVES,
THE PENN MUTUAL LIFE INSU-
i RANCE COMPANY-,
No. 0!1 Chestnut Street, Philadelphia,
Offers inducements equal to anyother Company, ana
superior to many.
The return premium has averaged larger than most
of tbe other Companies.
Tbe Insured participate EVERY YEAR In the divi
sion of surplus, while In soma companies no return Is
ever given for Ihe first year's premium.
All the Surplus Belongs to the Insured !
There being no Stockholders to claim a share.
The fcecuriiy Is aopl. Ihe assets are well and
safely Invested, and lu proportion to the amount of
liability,.
IJfSlUE NOW!
ALL FOLICIE9 ISST7ED PREVI US TO FIRaT
JANUARY WILL BHAKK IN TUli
JANUARY DiVialON.
U'!iETjl,.M,,, $1,800,000.
Losses Paid Promptly.
JAMES TRAQUAIR, President.
BAM I'KL H. bTOKKS, Vh-e-President,!
JOHN W. HORN KK. A. V. P. aud Autua y.
HORATIO B. blKPHENB, becretary, lvlimwttt
PRINCIPAL AGENCY
HUt THE SA1E OF UNITED STATES
BEVENVE STA91PM.
Ail kinds of Revenue Btsmps kept constantly on
band, and for sale In all amounts. B tamps forwarded
lo all parts of ibe United Btatfs by Mall or Express,
with tbe greatest despa'ch. Tea following dlsojuat
allowed;
On 2 U WD PEB CENT
2(J to 1 110 TOUR PER CENT.
Ilia md upwards FOUR AND A HALif PEROT.
Tbe United States Revenue Stamp printed on
Cherts, Drafts, Peceljla, Bill Heads, etc.
Oideis sollilted fnnt Printers, Engravers Bta
tloneir, BackB, Hank ws, and others.
The following disceuut allowed en the 'stamped
Paper ' , ., .
Ui der IIO0...,TO.,f.TWO AND A HALF PER. CENT.
f 1 0 to (3(0 etteee. e Mteeeeae THREE PER CENT
I30C and over...,..,..... ...............TOOR PER CENf.
JAOOli F. IHDOWAY".
. 07 KOITT1I TIIIBD fTtB,tirt
HSStt ' " ' - pIItADELPHIA,
TIR8T-aL.A8JB O A B I ,1 N 0.
'cen.tal location Ne. li OlRLD Street, west of
Kleveutb, above Cnemiui street. A nanatomo second
Story 11 on rooui. .ufuruh.ned. now vacant, U
CKttP, CI! AI3".?, CiiZflTEST
CLOiniNG IU THE CITY.
ROCKH LL d WILSON,
Nos, G03 and 605 CHESNUT St.
Every Garment in our Exten
sive Assortment LOWERED
in Price to suit the times. We
are determined to close out
our Stock of Overcoats and
Heavy Suits boforo tho Holi
days. Very Cheap. Prices
greatly reduced on Ordered
Work.
Parents, brlns; along your
Boys. We have all kinds of
Doys' Clothing, which wowlil
sell very low.
The Dcst Ready-made Cloth
ingin Philadelphia at tho low
est figures.
Perfect satisfaction guaran
teed to every purchaser, noin
F0R
TUE INFORMATION OP
HOLDERS 07' GOVERNMENT SECURITIES,
who may wish to convert them Into the
FIRST MORTGAGE BONDS'
OF THH
Union Pacifio Railroad Co.,
We publish below ttoe terms npon whioh they may
now be exch.tngrd at the office of the Agente ot the
Compauy In thi city,
TV M. PAINTER A CO.,
HO. X(l NO (ITU THIBD NTKKCT.
We would to-day give these bonds and pay m diffe
rence of
raw-M taking in exchange U. B. 8s of last.
(166 83. do. , , do. 5-20'S Of 18.
I27'5 do. . . do, gM'SOtlStH.
(JIM 58 do. do.' 6-2c's of isss, Hay A Nov.
(151-83 do. do. l-20's of '85, Jan. ft July,
(161-88 do.'. do. B-20'S of '67. do.
19S-P3 do. do. 5 ft cent. 10 Ws. do.
(15918 do, do. 7-10Cy. JUuelstue.
(15313 do. do. 7 8-10 Oy. July Issue.
(For every thousand dollars.)
We offer these bonds to the public, with every con
flderte In their security.
Philadelphia, Nov. 21, ISO?. l4p
pRENCH BRIE CHEESE.
LOV EIM OF FINE IJf POSTED' CHGEtlB
AKKIHTIT1D TO VAVt, AT HROtD AND
WAIMIT.At) FINUTIIKRBTIIE riNKHT
VAUIKTV AND QIIALITT Of CIIf.ENH IN
THE (ITY. WE AUD IN KEl DIPr Or
vutv jiioi:e It HIE CIIEKSIH, CD.
KU'lSLV HIT I'P IN FMAKHJK, IN BAVK
EIN, AND OK TKK! KICII FLAVOR.
AISO, KOQTJEFOKT, HTII.TON, CIIED
DAK. EDAM, PINEAPPLE, InifATION OF
1IOI IILE eVI,OU4 EiHTEH, AND UIC1I
C BE A. II CHEVNE.
MEI'FCIIAl F.L AND CANE V BERT WILKi
UEJUECEITED IN A FEW IIAVH,
SIMON 10LT0N & CLAKKE,
m. W. COB. BBOAD AND WALNUT KTS.,
10 22 ' '' ' ' PHILADKLfHIA.
T "TUB CHEAP-BOOKSTORE"
1V,000 Pictures at a. Redauftlose of 08
Per Cent.
9 Books Selling at S Cent.
$4 Dooki gtlllug at a e.nts.
$150 BooUe Selling at 3 Ceats.
A r ew lot of these Chtap Books now ready tot In- '
apectlon.
1000 Chromoi Reduced front 32 to 78
Per Cent. '
vrry thing In our Line either at Whole
sale or Leas thau Cost.
Call and look over our counters. Store kept open
until to o'clock each evening.
JAMES S. OLAXTON,
12 4 2t4p NO. 1BI4 ftlKUT STBKKT.
g ; E M O V A L.
CONWAY DROTHERSy
IMPOBTEBM AND JOUBKBS) OF
nO.SIAi.BY,
CIEOVKS,
NOTIONS, AND
TOT.
Have removed from No. lo North FOURTH Street, to
tbe large and spacious fetorerooois .
KtS. AND ' N. FOVBTII flTBEET,
Bi nlhwest crner of Qommeree. 13 4 St
POINT BRKEZE PARK.
FRIDAY, DE4EIUBEB 6, 1867.
ri'USE AND HAKE OF IJIIOO.
Mile Heats, in S, to Road Wattons. Good day and
tiack. Three bent road horses In thu city.
Horses to start at I o'clock P. M.
J. 91. 1IAN8IILI. NAMES B. II. MAY BOX.
OK NEK NAN AH R. M. GAZELLE.
OH NEB NAMES B. II. STHATII9IORE.
The- privilege of a member Introducing a male
friend without pay Is suspended.
uuiuiuusea w in start lur tue r-era irom J.torary
street at iiH o'clot k P. M.. 12 m
FOB 188 8
nils peputj.rg. lt ertired nilnla
ure 1 vol urn. is r. plete with
M soellanr, Household U.
I'ateudar aud Usmo
pnwijo, etc
4 Ml full). Uall.J
r onnwy, lMUla OTUKIIK 4K
COOL1LOK, Mo, 8 M ILK slrMec, Bonton, and sold K
all hooksellaw, I'hiladelpkla, J, II, Lli'f iNOUPT
A 1X1. - 1 .v . .
a P'-sionk
Vii.it
anr TWILM1NQT0N STEAMBOAT
. ' "i'u H,lerTH cKSDA Y, nenember 5. the s'Mmer
AKi. V?v'! dlconiiuue her trios, The .troer a.
M. V tnoN will run as follows:-Leave t)H tin S 1 1 C
wft? '!"' ''"I'' lphia, at t v. M aud wlb
M1NOTON at 1-ia A.M. 13 4 ii
r -IT!r ou ciinvrEK. ho k. and
Auub.'An -U W it nit igiou. the sienuir H.
it.vM ( liesiiu Kiret Wliwf stsP S.,iiilte
tnrnliiK, lpvm Wilmington t T- A. M, V re to
WUuiluglHu.U centa. UienM. W Uvok, lUUklliA
X,
i V