THE DAILY EVEN ING TELEGHAPII PHILADELPHIA, FRIDAY, DECEMBER G, 18G7.
SrJBIT OF THE PRESS.
EMTObUAIi OTOIOHB OV THI IBADflfO JOUBHALB
now onuin topics oompiukd mtbkt
PAT rOX THI JCVESIBO THLKORAPH.
Tht rope' Plan.
Front the 27. T. Tim.
A despatch from Rome annotmoes that "Lis
Holiness the Pope has taken measures to ma
teriallj strengthen the Tapal army." This
certainly is about the most preposterous thing
that even the Pope could do. Ills army,
which is some ten to twelve thousand strong,
has sot only shown itself incapable of defend
ing him against any organized force, hut even
gainst such revolutionary hands aa were led
by Qaribaldi. Twice during his Pontificate
has he been attacked, twice has his army
proved itself incompetent, and twioe have
French troops come to his resoue. If he had
uy means of raising an army large enough
to defend his claims to sovereign power, there
might be some sense in his taking measures to
trengthen it. But as Italy is the only power
from which he is in any danger, and as he can
not possibly raise in his limited dominions a
military force one-twentieth as strong as that
Which Victor Emanuel keeps under arms, his
plan of adding a few thousand to his little
army, or even of doubling it, has no signili
canoe whatever in relation to any adversary
he can encounter.
In his own territories the Pope can raise but
yery few more soldiers than he has now got;
and the poor success he has always met with
In Raising mercenaries in other oountries, is
cot such as to give him any encouragement.
Moreover, he has no money to pay troops, and
can in no way raise it. Every possible scheme
is constantly tried to raise means for the Pope,
by loans, subscriptions, by begging, and by
Peter's pence. But the result of all this
ceaseless scramble for money is that the Pope
cannot get out of debt, cannot fulfil his obli
gations, and cannot raise enough to pay his
current expenses. Why, then, should the
Pope make a pretense to military power when
he could neither raise an army nor pay it.
When it is never of any service to him, and
when its increase would only add to his weak
ness f
A thousand soldiers would he as useful to
the Pope as the ten thousand he now has; and
a hundred would be as valuable a3 a thou
sand. The smallest number would serve as a
symbol of his temporal authority, a sign of
his sovereign power would bear aloft his flag
ana indicate tne basis of his rights. They
would be no less powerless against his enemiog
' than his present army, and they would no less
quietly attract tne am or France and the
sympathy of the Catholio world, whenever the
rope gets into aimcumes. xi ne were to re
duce his army to the size of that of the Duchess
of Gerolstein, it would subserve all his pur
poses quite as well as his present expensive
and worthless force.
It is probable, however, that in announcing
his purpose to materially strengthen his army,
the Pope has another end to serve. He has
taken this means of indicating to the Catholio
world, in view of the forthcoming Conference,
that he does not intend to weaken the tem
poral power, but to maintain, strengthen, and
defend it. He does not intend to lower his
standard, to surrender his authority, or to
decrease by one iota his claims, but, on the
Aftitaw 11 viV i-wl A nn1 ct nan ntVinm 1 am T t
he falls, he will fall asserting his sovereign
rights. If Napoleon tries to show that with a
speck for a dominion and a sham for an army,
it would be better for him to give up both,
he will point to his recent victories and to his
swelling hosts. The increase of the Papal
army is the Pope's defiance to Italy, and his
Ultimatum to the assembled powers.
Report of the Comptroller of the Car
icucjr, From the Ar. Y. Herald.
We have published the annual report of the
Comptroller of the Currency, but our space
was too much occupied to admit of comments
then, though, in truth, there is not much to
Bay in addition to our remarks on the report
of the Seoretary of the Treasury. The Secre
tary's report covers moBt of the ground of that
of the Comptroller. They are from the same
establishment, and have the same impression.
Nearly the whole of this is a labored defense
of, or an apology for, the national bank sys
tem. No hungry lawyer working for a large
contingent fee could plead more earnestly for
a cause than do both Mr McCulloch and his
Subordinate for the national hanks. Judging
rom the earnestness of these advocates, one
Would think the banks were on trial fos life
or death. If these Treasury officials have not
touoh sagacity in anything wise, they evidently
Be the danger their client is in. They fear in
advanoe the verdict of the people, and make
desperate efforts to avert it.
Most of their false assumptions and weak
arguments we have already replied to; but we
have one charge especially to make against
them now. We say them, because Mr. McUul-
loch is equally aa censurable as the Comp
troller. W e charge tnem witu pervertmg fuels
in their efforts to bolster up the national
banks. For example, they pretend to show
that the national banks make little or nothing
Out of the privilege granted them by the Gov
ernment, and that the (iovernment would save
nothing by issuing hgal-tenders in the place
Of national bank currency. In this report of
the Comptroller, he endeavors to make out
that the banks draw less than seventeen mil
lions on their bonds deposited, and then, that
as they pay over sixteen millions in taxes to
the Government, as he alleges, tho balance of
- profit or gain is less than a million. It is
surprising uow a person holding such a high
oinoiat position can have the audacity to
throw dxut in the eyes of the people in this
First, as totv . no tv.ni. lmn
drsd millions 01 oai)ital invested or employed
In anything has h taxegf .j, he
jjeraia puamt, uie -imn o A. x SteWart
WHI imsme uu oapiui 0f all naTe t0
pay
taxes. i in uuv ueosuso
national
hanks that these
institution'
1 iav MA
Indeed,
i ii m v tin iran iiu inn uuin n h. . .
i ii r-ji
other Iriuds of business. It is sim" , '7
then, to set off their taxes against tV
derived from their privileges. But it1 !
try, o inav vu uon " sixiv,
-ni.'ons from the bonds deposited for thei
...I,,!. ion. They draw interest in gold, or in
an amount onrreuoy equivalent to gold, and
th whole n.mount in curiMicy would be about
twenty-Are n,lillious a y,ar This, we main
tain, ia a clear gratuity to the banks by the
Government. T'ia the Government would
save annually by int. ning legal-tenders in plaoe
. of tliair notes: for wwh these legal-tenders
about three hundred-iniiUoTis of the bonds,
could he bought-P aud'ikjiclled, ap'J the
interest saved. The case is so plain that the
commonest understanding can comprehend it;
jut the Comptroller of the Currency and Mr.
MoCuilorh have the andaotty to attempt to
pnrvert the faotn. The national banks really
make about fifteen per oent. on their circula
tion ont of the publio, reckoning the interest
on the bonds and the profits on the circu
lation. There ia little else worthy of notioe in the
Comptroller's report; for it is taken up almost
exclusively with a defense of the national
banks. - The views expressed relative to a sys
tem of redemption of the currency and other
topics we may disouss at some future time.
The Comptroller, like Mr. MoCullooh, ia a man
of one idea, and he is incapable of raising him
self above it. That idea includes the blessing
of the national bank system, contraction of
the currency, the great bondholding interest,
and forcing specie payments. What a sad
spectacle it is that the finances of this great
nation should be in the hands of such men I
The Treasury Reports
From the N. Y. Tribune.
Mr. McCulloch's views are, in the main,
eminently sound and wise. His exposition of
the causes which led to our departure under
the pressure of war and disaster from the
specie standard or measure of value, and of
the evils and perils industrial, financial, and
moral of persisting in the use of inconver
tible paper as currency, after the seeming
necessity therefor has passed away is able
and conclusive. His elucidations of the past
history and present state of our finances are
unsurpassed in terseness and lucidity. His
summary of the reason for continuing the use
of national bank notes, as well as greenbacks,
should carry conviction to ail wnose under
standings are not clouded by prejudice and
blind hostility. His demonstration that a
currency expansion may (by enhanoing
prices) increase the pressure for money
which it was designed to abate, will be novel
to many, yet can hardly fail to produce con
viction. His discussion of the nature and
moral obligation of our National debt, and of
the medium wherein the several loans must
respectively be paid, though condensed, is
masterly; and we envy neither the head nor
heart of any one who can read this portion of
the Report and still insist that the five-twenties
and their kindred rightfully may (indeed,
can) be paid oil in violated promises in
printed lies. We snould like to near Mr.
Stevens, of Pennsylvania, expound the two
following passages from his speech of Febru
ary, lS&i advocating the passage of the Five-
twenty Loan bill, whioh he had reported, as
Chairman of the Committee of Ways and
Means:
"A dollar In a raiser's cafe, unproductive, Is a
ore disturbance. Wbeie could Itiey Invest It ?
In tbe United Htates loans at six per cent , re
deemable In gold iu twenty years tbe best and
most valuable permanent investment that oould
be desired." -
"Hut widows end orphans are Interested, and
In tears, lest their estates should be badly in
vested. I pity no one who has nionev invented
In the United States bouda payable in gold in
twenty yars, with interest semi-annually,"
Inat the proposed navment '(f of thn
five-twenty bonds in irredeemable nannr wnnM
be a gigantic, bare-faced fraud, we have nnvnr
doubted. That it would be as suicidal as
great knaveries usually are, Mr. MoCulloch
shows more olearly than any one has hitherto
done. Ne American, who either has any pro
perty already, or means to acquire any, oan
afford to countenanoe this flagrant rascality.
It seems to us that the opponents of that das
tardly form of repudiation which the Secre
tary reprobates ought to combine and print
one million copies of this Report in a large,
fair pamphlet, and give a copy to every voter
who will promise to read and preserve it.
There will be ten thousand villainous stump
speeches made within the next year whioh a
perusal of this Report would most effectively
auswer. Shall it not be placed in the hands
of every voter whe can read f
Those who nave talked or a surplus reve
nue of ?l&0,000,OOU, to be dissipated by re
ducing and repealing taxes at this session,
will be somewhat disconcerted by Mr. Mccul
loch s lees nattering but more truthful ex
hibit. It seems that the reductions most im
providently made by the last Congress have
nearly arrested the payment oi tne prinoipal
of the publio debt. The Seoretary estimates
the current expenditures (including interest
on the debt from September 30, 1867, to June
30, 1668) at $295,000,000, and the current
income at barely $1,000,000 more; and he esti
mates the revenue for the . fiscal year thence
enimine at 8381,000,000, whereof all but
Ss9.000.000 will be required to meet the cur
rent outgoes, leaving but ?iu,uuu,wu in an to
be applied to the payment oi principal oi tne
lubho debt for the twenty-one mourns com
mencins with October last and closing with
June, 18159. Yet journalists talk of taking off
scoies after scores of millions oi taxes,- as
the ugh we were dealing with a surplus that
we could scarcely devise means to get rid of.
We trust Congress will be at once startled and
sol f red by this timely exhibit.
The Secretary's numerous suggestions of re
trrnchnjent bv converting the Branch Mints
at Dahlonega and Denver into Assay Offices,
by the sale of Government stocks in various
private or local corporations, and by limiting
the time wherein war claims may be made,
strike us as judicious. In short, the Report is
in most respects a strong and good one. Yet
we have looked carefully through it for a 1us
tificutiou of the Secretary's policy in keeping,
for many months past, more than
$100,000,000 in coin shut up in his enffers,
ana nave scanned n in vain, naa that sum
been expended, months ago, in buying up in
open market anl destroyiug our interest-bearing
bonds, our national credit must have stood
higher, while we should have been much
nearer to specie payments than we now are.
We Fpoak from experience when we sav that
he who owes largely and has comparatively
little ready means, can use those means to
great advantage in buying up and cancelling
that portion of Lis debts on which the holders
are most anxious to realize. We regret that
this course which commends itself to the
judgment of almost every one else
should btill be distasteful to Mr. MoCulloch
We beg him not to. persevere in it till Mr
Sewaid bv the purchase of countless Wal
rus&ias and St. Thomases shall have used up
his nisgniliceut reserve altogether.
The Rennltlli-nn Outcry Atfatutt the
President's Message.
from the y. Y. World.
The courageous aud able message of Presi
dent Johnson gives great dissatisfaction to the
Republican party, and their organs comment
on it in a spirit of bitter rancor. Their cen
'ures would he better bestowed if given to
CoKreBs. which has violated all the decorum,
ndfcv" all the deoenoies, due from one de-
.......
iiweui Mihe Government to another. Con.
gres Las stripy the Progi Jent 0f the control
over uis suborn, Uyh bM been e:
olsed hyaU his -pre...,.. i i., v
At.'Sf Sy'&Wwito from.tha 4th
of March till the first MoiuUj lal)Boember, as
. ,: :::rr "A? , vyot Ul mj tw
One of tbe most distinguished leaders of
their party proclaimed in open Senate that it
was not safe to allow an interval of even five
minutes between the close of one session and
the beginning of the next, lest a faithless
1'reMdent should perpetrate some irreparable
mischief; and Congress was careful to act iu
the spirit of that insult. It has kept a com
mittee employed for the last eight or ten
months in raking all the cesspools of scandal
to besmear his personal character and dis
cover some pretext for his impeachment. He
nas been wantonly aooused of writing traitor
ous letters to Jeff. Davis, giviug sympathy
and comfort to the Rebellion, and of complicity
in the murder of his predecessor to get his
office. Congress has had the despicable and
indecent meanness to pry into his alleged
amours, and its committee have heard per
jured witnesses who invented what they failed
to hnd. .
Tbe foremost business of this session is to
inn each him, and put him out of office, be
cause he has exercised his right of dissenting
from the policy of their party. After all this
contumelious and insulting treatment, the
Republicans have the face to complain of Mr.
Johnson beoause his Message is not abject and
conciliatory 1 If Congress had shown any dis
position to meet htm half-way; if they had set
an example of the yielding spirit which they
require, there might be some show of reason
in complaining that their proffers were re
pelled. But they have given him nothing but
fresh insults and provocations, and are Stupid
and arrogant enough to find fault that he does
not cringe and truckle. The blandishing en
dearments of Congress ought, no doubt, to
nave bad a more melting effect I
It is creditable to f resident Johnson's dig
nity of character and sense of offloial decorum,
that he has not been provoked by this long
series of unexampled and persistent insults
into forgetfulness of the proprieties of his
position. The passions of the man are sunk
in the duties of the office. He discusses, in
his message, only publio questions from a
publio point of view; hut he discusses them
with a vigor and deoision justified by the im
portance of the subjects and the solidity of his
reasoning, it is the patriot zealous tor the
Constitution, not the menaced officer or the
insulted man, that appears in every part of
the Message.
This frank and intrepid dooument merely
gives words and logio to the determination
expressed by the people in their votes since
the adjournment of Congress in July. If the
1 resident condemns the policy of congress as
repugnant to the Constitution, subversive of
the publio prosperity, and a breach of pledges
solemnly given, he merely echoes the voice of
tLe people, or rather supplies a tongue to ex
press their Will. The popular fiat has gone
fjrth that the reconstruction policy of Con
gress cannot stand; and we wish the President
would repeat it in every communication he
has occasion to make, as the resolute old
Roman concluded every speech, no matter on
what subject, with his delenda eat Carthago
no quarter to Carthage. It is preposterousuo
suppose this hideous violation of the Constitu
tion can be permanent; and it congress refuse
to undo their work, the people will assuredly
undo it for them.
There ia not one white man in five hundred
between the Potomac and the Rio Grande who
will not indorse and stand by every word of
the Message, or whose indignant sense of vio
lated right and outraged feeling does not out
run tne guarded language of the J.'rei'ient.
Congress must be a synod of as great block-
heals as they are disposed to be tyrants, if
they think that with this State of feeling in
the South, their negro governments can ever
be self-sustaining. They will stand while
they are propped up by r ederal bayonets, and
not a day longer.
Will the people consent to maintain per
manent armies for this detestable purpose f
Let the defeat of the Republicans in every
part of the, Northern States be taken as an
answer. Go also for an answer to the universal
impatience of grinding taxation; to the feeling
of insecurity and apprehension which pervades
the trading community; to tne stagnation in
business; to the bloated and unsound currency;
to the readiness with whioh projects ror
virtually repudiating the publio debt are lis
tened to: and when you have interrogated
these facts, tell us if they give promise that
the people will permanently endure the bur
dens of war in time of peace for the sake of
making four or five millions of ignorant,
brutal negroes the rulers of one of the
fairest and most productive sections of our
country l The question is not wnetner the
people will submit to this heavy expense for
one or two years to establish governments
which will afterwards he self-sustaining, but
whether they will submit to a perpetual
burden for so wretched and insane an object
as to enable the Southern negroes to domineer
over the Southern whites. Nobody can sup
pose the Southern whites will submit to this
odious inversion of the order of nature except
by military compulsion; and we ask Republi
cans what they expect to gain by continuing
for a year or two a system wnicii oan Dy no
possibility be permanent? The hypocrites I
They know that their reconstruction polioy
cannot stand; but they are willing that the
people should groan and sweat under the ex
pense of it for another year, for the sake of
giving them the negro vote in the Presidential
election.
The Republican journals can find nothing
solid to say against the masculine reasoning
of the President's Message, and so they fill
their columns with splenetic, hypercritical
cavils.. The Times objects to it that instead of
merely giving "information" to Congress, It
indulges In argument I This preposterous
cavil is just as applicable to every message of
l'resideut Lincoln's, and to nearly every mes
sage of every President we ever had. It is too
excessively foolish to deserve the dignity of a
refutation. The '1 ribune applies to the Chief
Magistrate of the country its usual gentle
manlike charge of direct falsehood. Uryden,
when once cornered on a charge of obscenity
in his writings, was driven to reply that he
knew no law which prescribed morality to a
comic poet. The Tribune seems ignorant of
any law whioh prescribes courtesy to the
editor of a newspaper.
The first line which the Tribune imputes to
the President is his statement that Congress
had recognized the validity of the Southern
ratifications of the constitutional amendment.
Hut dees not the Tribune know that the Civil
Rights bill was professedly passed to oarry
out that amendment, and under oolor of its
authority an amendment which is to this
day no part of the Constitution unless the
Southern ratifications were valid ? And know
ing this, as the Tribune does, what are we to
think of its own regard for truth when it
brands President Johnson's statement as a
falsehood ? Another statement of the Presi
dent's which the Tribune, in its courteous
nrav ) .il I nil n PU H II II S. lilt. Ifl 111 fAHLTOH til lit
the reconstruction project, by the avowal of
the Revubhoans themselves, la Intended to
increase their party strength. The part of
this statmneut meautto.be denied, is not so
. much the intention as the avowal. . If any R
tiublican who had. Jlout his, eye-teetlk'f should
deny the intention,' the fitting reply would
be to laugh in his face.
The intention being unquestionable, how
can the Tribune take it upon itself to sav it
Las never been avowed 7. Unless onr rnoolleo-
tion be at fault, the Tribune itself has made
the confession, again and again. It has in
deed prated and canted every day in the year
anoui jusiioe, numanuy, eto., but it bas also,
at various times, confessed that the negro
suffrage reconstruction was an absolute and
overruling party necessity, and that it could
not he departed from without party ruin.
But it is really of no oonsequenoe whether the
mask has been sometimes lifted or kept uni
formly down when everybody knows the
hideous features under it. The reconstruc
tion policy is notoriously a politioal devioe for
keeping the Republican party in power by the
aid of the negro vote; and we are sorry to see
that the Jrtlmne is sensible enough of its
baseness to wince under the charge.
LOOKING- CLAGOEO
or THI
BEST FKENCII PLATE,
In Every Stylo of Frames,
ON HAND OR MADE TO ORDER.
NEW ART GALLERY
F. DO LAND & CO.,
11 1 Ssu2p No. C14 ARCH Street.
FURS.
1867.
FALL AND WINTER.
1867.1
FUR HOUSE,
(Established In IOIO.)
The undersigned Invite ibe special Attention of the
Ladle to their Urge stock of FOBS, consisting of
Muffs, Tippets, Collars, Etc..
IN EUB8IAN BABLB,
HUDSON'S BAT BABLB,
MISK BABLB
ROYAL KB MINK, CHINCHILLA, JTITOH, BTO.
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PERSIAN N KS and 8IUIAS; the latter most bean
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CARRIAGE ROBES, 8LEIOH ROBES, and FOOT
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A. K. & F. K. . WO M RATH,,
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jsywill remove to oar new Store, No, 1212 Cheanul
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: A N C Y F U R O.
i
Tbe subscriber haying recently returned from
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FURS
Oi his own selection, would oiler tbe same to his cus
tomers, made np In tbe latent styles, and at reduced
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10 22mrpl ABOVB ABCEL
JAMES REISKY.
CARPETINGS.
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A full assortment Of BLANK BOO CS AND COUNT-lNG-DOUSE
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mce m put ton of 2000 pounds. For sale by t&f
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1 28mwf No. T24 MARKET jBtreet
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0 L D ' It YEW HI S EIES.
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WHO Oft Fit THE SAME 1 O TUB TRADE, I Jf LOTH, ON VEBT AOVANTAUKOU
TEBMS.
Their Stock of Bj Whiskies, In Bond, comprises all the favorite hrands ejetant, and rmi
through the various months of 18C5, '66; and
Liberal contracts made for lots to arrive at
Wharf, or at Bonded Warehouse, as parties maT
FINANCIAL.
525
M
E S
or tdc
UNION PACIFIC RAILROAD
Ruiiulng West from Omaha
" i
Across tlie Oon.tiu.out
AKE NOW COMPLETED.
This brings tbe line to the eastern base of the
Rocky Mountains, and It Is expected tnat the track
will be 'aid thirty miles farther, to Evans Pass, the
highest point on tbe road, by January. The maxi
mum trade from the loot of the mountains to the
summit Is but eighty feet to the mile, while tbut of
maay Eastern roads Is over one hundred, ' Work
In the rock-Mtllngs on the western slope will
continue throngh the winter, and there Is now no
reason to doubt that the entire grand line to the Pa.
clflc will be open lor business ia 1870. i
Tbe means provided for the construction of this
Great National Work are ample. Tbe United States
grants its Bix Per Cent. Bonds at the rate of from
16,0M to f48,OO0 per mile, for whioh it takes a tr.cond
lltnea security, and receives payment to a large If no
to the full extent of Iu claim In services. These
Bonds are Issued as each twenty-mile section la
finished, and after it bas been examined by United
States Commissioners and pronounced to be In all re
spects a first-class road, thoroughly supplied with
depots, repair-shops, stations, and all tbe necessary
rolling stock, and other equipments.
The United States also makes a donation of 12800,
acres of land to the mile, which will be a source of
large revenue to the Company. Maoh of this land In
tbe Platte Valley is among the most fertile In the
world, and other large portions are covered with
heavy pine forests, and abound In coal ot the best
quality. . ' ;
The Company is also authorised to lune Its own
First Mortgage Bonds to an amount equal to the
issue of the Oovernm nt, and no more. Hon) E. D,
Morgan and Hon. Oakes Ames are Trustees for the
Bondholders, and deliver the Bonds to tbe Company
only as the work progresses, so that they always re
present an actual and productive value.
The authorised capital ot the Company is ONE
HUNDRED MILLIJN DOLLARS, of which over
five millions have been puld In npon the work already
done.
Earnings of the Company.
At present, the profits of the Company are derived
only from its local traffic, but this Is already muoh
more than sufficient to pay the Interest on all the
Bonds tbe Company can Issue, if not another mile
were built. It is not doubted that when the road Is
completed the through traffic of the only line con.
nectlng tbe Atlantic and Paclflo States will be large
beyond precedent, and, as there wlil be no competi
tion, it can alwaj s be done at profitable rates.
It will be noticed that the Union Pacific Balltoad Is,
In tact, a Government Work, built nnder the super
vision o( Government officers, and to a large extent
with Ooverntnent money, and that its bond are
Issued nnder Government dheotlon. It is believed
that no similar security is so carefully guarded, and
ceitaluly no other Is based upon a latger or more
valuable property. As the Company's
First IVIortstaQe Qond3
Are offered for the present are NINKl Y CENTS ON
THE DOLLAR, they are tbeoheaptst securlty;in the
market, being more than IS per cent, lower than
United States (Stocks. They pay
SIX PER CENT. IN GOLD,
Or over NIKE PElt CENT, upon the Investment,
Bubfcrlptlons will be recolved In Philadelphia by
DEHAVE & BKOTHEA, No. US. Third street,
'WILLIAM PAINTER A CO , No. 80 8. Third SU
J. E. LKWAItS & CO., No. 29 H. Third street.
THE TBADKSAlKN'fc) NATIONAL BANK.
In v Umlngton, Delaware, by
B. R KOBINSON A CO.
JOHN McLEAR & SON
And In New York at the Company's Olllce, No. 30
NASSAU Street, aud by
CONTINENTAL NATIONAL BANK, 7 Nassau St.
CLARK, DOCOK A CO., Bankers, No. 51 Wall St.
JOHN J. CliOO & SON, Bunkers, No. 83 Wall at.,
And by the Company's advertised Agents throughout
tbe United Stntea. Remittances should be mail e in
draits or other fuoils par In New York, and the bunds
will be tent free of charge by return express.
A JXEW PAMPHLKT AND MAP, showinx the
progress of the wui k, and resources fur construction,
and value of Bonds, u.ay be obtained at the Com
pany's Cfllces, ( r ot Us advertised Agents, or will be
sent Iree on application.
JOHK J. eifcl'O, TKKASHJKKIt,
NEW YORK.
November 23, 18b7. 11 25 mwlGt
"T E HAVE FOR SALE
TUB
FIRST MORTGAGE BONDS
OF THE
Central raclflc Kallroad Company,
AT (95) NINETY-riVE,
And Accrued Interest Im Currency.
These BoDdsare payable by law. principal and Into
rest, in gold. Interest payable 1st of Jnury ua
We1wlll take Governments : exchange, allowing
tbe rull market price. . .
We recommend them 1,ny8 .h ? f0"
Security, and will W m" pam
Pbltt and general i-form.tlon upon application to u.
HaTlMitaUww1 on hand, we
are pwa " ViVKii THKM. AT ON OK
1313 IIAVIiN $ BltO.,
Hankers and Pealera In Oovernueuts,
lttlm JXO. 0 HO VT1I TIIIUU AT.
of thiB year, up to present date.
Tennfljlvanla Railroad Depot, Ericsson Lino?
elect. , t '
FINANCIAL.
-BANKING HOUSE
i
OS and r.4r So. TIMID BT. PHLLAP'A
Sealers In til Government Saountie??
OLD 6-SOa WANTED
- IN EXCHANGE FOR NEW
, V .
A LIBERAL JEHEXCE ALLOWED,
Compound Interest Hoton Wanteq
EKTEItKST ALLOHH) OH DEPOSITS,
Collections mad. Blocks boognt nd aold o
Commission.
Bpeclal bu&ineaa aooommodatlons reserved id
adlec IB 34 tro
U, S. SECURITIC
A SPECIALTY.
SMITH, RANDOLPH & . C
BA1IKEE3 AND BROKERS,
no. le s. TIIIBD ST.
PHILADELPHIA.
HO. NASSAU Bi
NKW YORK.
Orders for Stocks and Gold executed in Phi
delnhta and New York. -1
: .
WATCHES, JEWELRY, ETC,
EWIS LADOMUS & CO
DIAMOND DEALERS AND. JEWELLERS,
No. 802 CHK8NUT HXKKIEl
Would Invite the attention of purchasers to tl
large stock of
GENTH' AMD LADIES' WATCHES,
Just received, ef tbe finest European maker
Independent quarter, econd, and self-winding
kuiu auu iiivci t-ooro.
Also, AMERICAN WATCHES of all sizes.
Diamond bets. Pins. Htuds. Klnim. eto.
Coral, Malachite, tiarnet, and truscau Betf
rt variety. Slij
BO LID WLVIBWARE of all kinds, lncludln
large assortment suitable lor Bridal Prevents.:
C. RUSSELL & CO.,g
No. 22 NORTH BIITH STREET,
OFFEBOKE OF TBE EABGEST STOC
FINE FRENCH CLOCKS,
wn'i u nww IMPAHTiTins. rnr T
HIT, f 5 2j
AMERICAN WATCHE
iTIie best In the world, sold at Factory
- HY
C. & A. PEQUICNOT
. MAN IF AC-TUBERS OF WATCH CA8Ks
No. 11 South BIXTH Street.
8 B Manufactory' -Wo. flfTH Btrtl
RTERLIKO SILVERWARE MANUFACTcf
KO. 414 LOCVNT STBEET. ;
GEOHGE S II A.R
Patentee of the Ball and Cube patterns, manufactj
.vin deserlution of fine STERLING SILV
WAKE, and offers for sale, wholesale and ret
choice assortment of rich and beautiful goods or
styles at low prices. 2
J. M. 6IIA11P. A. BOBKR'
FIRE AND BURGLAR PROOFSAF
C. L. MAISER. .
r I B E AHD BtKHLAB PBO
SAFK8.
lOCUNlH ITH, JBE1.AVMAH UEB, Alt
DEAJLElt IM BVIllln UAKVWA1
tbl HO. 4S4 BACK MTBEl
r- i.AUfiK ASSORTMENT OF i
IsLfj and llnnslar-proof SAFES on hand, with lit
g; Iweillng.hClu., &ndan,pl
PAPER HANGINGS, ETC.
pAPER HANGING
EW EHTABEISIIMEHT.
E. (XRNEB OE TESiTII AND WALK
j. O. FINN & SONS
Hve opeued with an extensive assortment of t
BATIVB aud PLAIN WALL PAPEKS, embrf
every anallty to suit all tfuut. 1114 ai
ZIOKN EXCIIANi
BAG MANTJKACTOltY,
JOHN T. B A I L K Y 4 CO.,
HKMOVKD TO
N. E. corner or MA UK KT and WATEH Blret
Philadelphia.
DEALERS IN BAMS AND BAOOIMO
. Of every Description, lor
Grain, Flour, Salt, buir-pixwpbte of Lime,
imsi, jug. , ., 1
Larpe and small OUNN Y iiau c-onstsntly on V
. John T. IUn ky. Jamsi Cahcad
UMON FA STB AND S1ZINCJ COMfAN
Al-Mielur Dui-Biakeni, Bookbinders, p
lii.ri.ere. Mioruiftker.. Por-ket-book Mker,
' '... 1. - Hi ,,, .our. Is cntmD mill .
ready Ic'r us. JM J- ,l',l''A''"1cVtl;
A Keller. William Minu, Philadelphia 7ii.
. . .i... . Miurli'.il TlUlh,.ilMl. Ami
a. . 1 ri l5 w I r&Al
L3