2
SriItIT OF THE TRESS.
MTOiAi oriHion ov thi mrn-J jourhals
vroR CTSRiirt topics compiled btxbt
PAT FOB TEK,KTK5!Na TKLBORAFH.
Mexico d Omitimtlt-Th Apprch.
D( War and Its Possible Issues.
fVotn A .ZV. F. i?rald.
The declaration of war by Mexico against
aatemala illustrates, on a small soale, the
elligerent and aggressive Ideas whioh often
Jake possession of States Inflated by military
Juooesses. Board emerged from her late
Itrnggle for life, and still hearing with those
turbulent elements whloh hare involved her
In anarchy since her separation from the
parent State, Mexico should be the last country
to wage war, especially against a sister repub
lic with whom friendly alliance is almost
tssentlal te the permanence of her own nation
ality. Sanguinary disputes empty bom
last seem to be inseparable from the Spanish
character. Ilenoe we hear of vainglorious
Mexican leaders breathing defianoe against the
United States, to whom they owe their de
Uveranoe from the foreign yoke, while their
press indulges Quixotio speculations upon the
possible capture and annexation of Cuba by
Mexico; and, finally, war is declared against
Its next door neighbor, Guatemala. Already
forces, said to be several thousand strong,
have orossed the Guatemalan frontier, ana,
doubtless, by this time the cafi au lait inhabi
tants of those volcanio regions are at each
Others' throats in the most approved Spanish
merioan fashion.
The immediate result of such a contest is of
Blight importance to Americans. Guatemala,
anti-progressive In policy, and shut up within
Itself by a Japanese exclusiveness, has little
sympathy with the growth of republican ideas.
I rom the era of its independence up to about
twenty years since, when the Indian President
Carera usurped dictatorial powers, Guatemala
has presented a scene of bloodshed and crime
quite equal to anything In Mexican annals.
Under the Iron rule of Carera, as well as that
Of Cerna, his successor, the Executive has
Wielded the functions of royalty to all Intents
and purposes. Guatemala leaned decidedly
towards the late empire, and Juarez owes her
a grudge for her Ul-jndged sympathy. Darin
the Frenoh intervention a secret alliances was
in negotiation with Guatemala, by which
that State was eventually to have been an
nexed to Mexico. A part of this plan was to
bring in the other Central American repub
lics, and form ft grand S panish-American em
pire; but those little sovereignties peremp
torily declined, and the scheme was abandoned.
Soon after this the withdrawal of the Frenoh
troops was announoed as decided npou and
Tinging the knell of the empire. Guatemala
thereupon hastened to wash her hands of the
proposed alliance by a circular sent by Seiior
.Aycenena, then Minister of State, to foreign
governments, denying all intention of surren
dering its sovereignty to any power what
ever. This affair, however, has been in part
jnade ft pretext in Mexico for warlike demon
strations. Since the overthrow of the Spanish authority
In 1821, the city of Guatemala has been to a
great extent controlled by a sort of provincial
nobility, the remnants of the old aristocratio
families who flourished under the vice-royalty,
and some of whom retain their titles to this
day. The mongrel classes, such as comprise
the patohwork populations of Mexico, exist
proportionally in Guatemala to a less extent
than in any other Spanish-Amerioau State,
the extreme of rich aristocratio families and
the vast Indian hordes who comprise four
fifths of the inhabitants being more distinctly
denned. The earliest intestine wars or Cen
tral America grew out of this aristocratio re
actionary element, guldea by tne priesiaooa,
aiming at a centralization of power in Guate
mala over the other four republics, and which
for half a century has effeotually prevented a
Tederal union. The ideas of this controlling
party are anti-republican, and, among their
leading men, even monarchical. Their readi
ness to listen to the overtures of the late Im
perial Government in Mexico was only in con
tinuation of the attempt of the old vice-royal
families in 1822 to incorporate Central America
Trith the empire of Yturbide.
" But with all these local repellant forces
Guatemala will probably be vigorously sus
tained by her little sister States in this war
With Mexico. There is still a latent bond of
union between them, based upon a common
origin of race and religion, which is invariably
aroused by foreign aggression. An attack
upon any one enlists the sympathies kof the
Whole, as was instanced in the Mexican inva
sion in 1822, and the more reeent combined
efforts of the whole to expel Walker and his
filibusters from Nicaragua. The present in
Taalon, therefore, by Mexico of Central America
trill tend to unite the five republics on the
principle of self-preservation; for it is well
known that the alleged settling of disputes
about Chiapas and Soconusco are only pretexts
for extorting money and even of acquiring
further territory to the southward, by forcing
from a weaker power what a Btronger one has
taken from Mexico to the northward. To ex
tend the Mexican republic, divert the public
BiM irom their present embarrassments into
other channels, dazzle the people with visions
of national aggrandizement, and come to a
reckoning for the sympathy shown to the
French intervention, are th6 objects of the war.
Should Guatemala invite to its aid foreign
elements, from whatever source, as Nicaragua
did Walker in 1854, Mexico would find herself
menaced from a new direction, and this time
not alone by her own race; nor could she
count upon having the tremendous moral forje
of the United States In her favor. She would
be left to fight her own battle against those
Who have bitter scores to settle with her, and
Whose assistance Central America would gladly
ftocept. Thus, instead of aggrandizing herself
by attacking an unoffending neighbor, Mexico
may yet find herself in the condition of the
raven who attempted to fly away with the
yam. Central America is being Americanized
far more rapidly than Mexico, owing to the
several routes of interoceauio communication
now attracting the attention of capitalists of
America and Lurope, and the great immigra
tion schemes on foot, especially as regards
Honduras. Th a Mexioo-Guatemalan war,
therefore, may be the flrat step towards the
downfall of the Spanish-American, governments
on this continent, and their absorption by the
great republio of the North. J
The Southern Bourbons,
from the iV. Y. Timet.
i Mr. Ex-Senator Hunter has enjoyed 'the
reputation of a quiet, sensible, clear-headed
and withal moderate politician. He has
tanked among those of the Southerners who
Were dragged into secession against their judg
Went, and who to the last hoped for the
peaceable but conditional restoration of the
South to the Union. His pardon by the Presi
dent, a few mouths ago, therefore excited none
but friendly remark even from his political
opponents. It was felt that a man endowei I
with his talent and amiability of character,
.... . j
with views hab.tually temperate, and an In-
fluence resulting from long and faithful ser-
vice of his State, might be relied upon to
cooperate with the administration of the law
in moulding the opinion of Virginia, and
adapting it to the circumstances of the time.
The speech which Mr. Hunter is reported to
have delivered in Richmond on Thursday, in
connection with the Conservative Convention,
tends to disturb these pleasant anticipations.
It shows that Mr. Hunter belongs to the Bour
bon family, and, clinging to the tradition! of
his old party and his Slate, fails to realize the
changes wrought by the war. He forgets that
the Hampton Roads conference produced no
result, and that the reconstruction he de
nounces is the product of an authority acquired
by war, as one of the oonsequencea of the ob
stinacy which he helped to cultivate. Had his
interview with Mr. Linooln been followed by
an acceptance of the terms which the National
Government was then prepared to conoede,
Virginia, as represented by Mr. Hunter's
friends, might have rightfully claimed adhe
rence to the compact. The fact that Congress
legislates by virtue of conquest, not of negoti
ation or bargain, entirely changes the case.
And when he protests in the name of State
rights, and pleads for white supremacy, under
cover of the State will, he mistakes the posi
tion of affairs, and urges considerations which
have lost their efficaoy.
Mr. nnnter might or might not prefer mili
tary rule to the Government that will grow up
under reconstruction. That is ft matter of
taste, and the gentleman is entitled to his
opinion in regard to it. But the alternative is
not available. The country will not permit
military rule except as an expedient, bridging
the chasm between the chaos which followed
the war and the order whioh will reign in a
restored Union. The only choice left to Mr.
Hunter is, then, acceptance of the law as the
creation of a power against which it is folly to
kick, or resistance, involving the forfeiture of
the influence he might otherwise have exerted
in respect of revision and amendment.
The latter course i3 that which Mr. Hunter
has chosen, and the grounds on whioh he
attempts to vindicate it show how completely
he misapprehends the situation. Some of his
points, while well suited in the latitude in
whioh he spoke, reveal more of prejudice
than of truth or candor. From his condem
nation of "negro rule," and his declaration
that the principle of political equality on
whieh reconstruction rests is "the highest
crime in nature," the inference might fairly
be that negro enfranchisement and white dis
franchisement have gone together. His argu
ment is hollow, his fear fallacious, except ou
the supposition that the law enacts negro
supremacy. Only from this point of view
are the classes of Hayti and Jamaica, which
he is alleged to have cited "as results of negro
rule," at all suggestive or appropriate. But
the supposed analogy does not exist. Between
the state of things in Hayti and that which
exists in Virginia no parallel can be found.
For though the Virginia freedmen are en
franchised, all but an insignificant fraction of
the Virginia whites retain the franchise.
And as the latter outnumber the former, with
the advantages of intelligent organization and
the manifold influences of property on their
side, it is clear that unless they throw away
their opportunities, "negro rule" in Virginia
need not necessarily be a very stern reality.
If it is, it will be because tne white majority.
by sheer inaction, the result of unpardonable
pride, allow the contest to go against them by
detauit.
This policy of the malcontents, indeed, is a
blunder throughout. A manly remonstrance
against the more extreme features of the re
construction scheme would come with pro
priety and effect from persons honestly desi
rous of profiting by the opportunities afforded
them. Their arguments in favor of imposing
qualifications upon negro suffrage, and of re
straining extravagances into which the Con
vent ions may run, would be entitled to con
sideration if accompanied by evidence of a
desire to cooperate with Congress in the work
of reorganization. The action of the Alabama
Convention and the promised measure of
Senator Wilson sufficiently prove the exist
ence of a disposition to recognize this spirit.
and to recompense promptly services of this
character. But Mr. Hunter, and such as he,
forfeit claims to attention by their dogged re
fusal to yield a single point. They deny the
authority of Congress and denounce lis work.
They insist that, notwithstanding the war
and emancipation, the doctrine that "this is a
white man'B Government" shall be scrupu
lously adhered to. They do not object merely
to universal negro suffrage; they denounce
any scheme for conferring suffrage on blacks as
"the highest crime against nature." What
can be done with a few political leaders of this
Stamp 1 What parley can be held with men
who talk as though they were still negotiating
in Hampton Roads, with the fate of battle yet
undetermined f The tone they have adopted,
the tactics they employ.can but have the effect of
neutralizing any effort they make towards the
amelioration of the law. Having resolved to
stand aside, or to interfere only for the pur
pose of obstruction, their influence over the
shape of reconstruction wiU necessarily be
small. It will go on in spite of them, and will
be finally revised by Congress without refe
rence to their pr otests or their prophecies.
The Financial Sid ot Mr. Seward's
Purchase.
From the K. T. World.
We have a query to propound, which must
cause uneasiness to citizens who are sensitive
to the honor of our Government. We are in
doubt whether it should be addressed to the
Senate, which has Seoretary Seward's Danish
purchases under consideration, or to Seoretary
Seward himself. At all events, it is of ft
nature to command attention, and by ad
dressing it to the publio we shall not fail to
bring it to the notice of the proper authorities.
On the expediency of the purchase of the
Danish islands and the equity of the price, we
are not prepared to express any judgment.
The letter of Admiral Porter, which has just
been communicated to the publio, gives a
favorable impression of the value of the islands
for naval purposes, and until the contrary is
made to appear, we will not dispute the pro
priety of the purchase. But there are faots
attending the remittance of the money, so dis
creditable on their face to the Secretary of
State, that we feel bound to give them pub
licity that he may have an opportunity for
explanation. Every piece ttf coin paid for the
DflniHh islands is to be clipped on its passage
from the Treasury of the United States to tha
of Denmark, and these clippings wui amount in
value to 1400,000 of our money. This sum is
not saved to the United States; it is lost to
Denmark; and it must of course inure to the
profit of some of the agents in the transaction.
Pour hundred thousand dollars is a large
sum; It is equal to fifty years' salary of the
Secretary of Bute. It concerns the honor of
Mr. Seward to show that Ai's hands are clean
in the diversion of this publio money to pri
vate advantage.
To place this subject in a clear light, we
will state the enlmtanoe of the stipulations.
he 1 recent lnrorms Cougreas tn Uta anunil
mestage that the United States have purchased
u0 Dani8h l8,aD(la of Thotn Sl-
J oli n ; but in point of fact, a bargain has been
made for three, the third being the island ot
St. Croix, to which France has a right of pre
emption, the completion of the puruhae of
this last depending on the French Govermeut
waiving its claim. The snm stipulated to be
anl for the three is f ll,XV,VW, or which
7,500,000 go for the two islands of St. Thomas
and St. John. Thus far all is simple and dear,
and if there were nothing more than appears
on the face of the transaction, we should be
content to leave it to the deol.iion of
the Senate. But it has been arranged
that the payment shall be ' made by
the United States placing in the treasury of
Denmark 20,000,000 rix dollars of the Danish
coin of the realm as an equivalent for the
$11,250,000, or (In case France uses her right
of preemption) I J.J.J rix dollars lor the
$7,0O.O(.O. Now the difference in value be
tween the purchase money in United States
coin and the sum in rix dollars whioh is to be
paid into the Danish treasury is $400,000,
whioh is ft loss of that amount to Denmark
and no gain to the United States. It must of
course go into the pockets of persons con
nected with the transaction.
Now, who ftre these persons f They ftre,
first, Secretary Seward himself; second, Mr.
Yeaman, United States Minister at Copen
hagen, who bad an active hand in the nego
tiation of the treaty; and third, a party,
equivocally described as the "United States
agent at Copenhagen," and meaning the
Private Bank in that city. We are able to
state, on ftuthentlo information, that the
Danish Finance Minister knew nothing of this
strange feature of the transaction, until the
facts were laid before him subsequent to an
arrangement made without his privity. This
large mm of $400,000, lost to the Danish Gov
ernment, and not saved by ours, must go into
the pockets of Mr. Seward, or into the pockets
of Mr. Yeaman, or into the coffers of the
Private Bank, alias "Vnited States agent," at
Copenhagen, or else it is to be divided among
these three parties. We trust the Senate,
before ratifying the treaty, will look into this
part of the transaction, and ascertain for
whose benefit this handsome sum of $400,000
was taken out of our Treasury, and withheld
from that of Denmark.
The faots that the conveyance of the nur-
ohape money is to be through a channel diffe
rent from that through which the Danish Gov
ernment manages its financial bui iness; that
the arrangement was made without the know
ledge of the Danish Finance Minister; and that
the Private Bank of Copenhag n la described
by the strange title of "United States Agent,"
point clearly to an American origin for this
remarkable transaction.
One of the most esteemed journals of Co
penbagen discusses this subject in an article
of which we have printed a translation
The translator's knowledge of the Danish
tongue is superior to his command of
the English; but the views expressed are in
telligible. They are in the same vein as ours,
though a sense of international courtesy re
strains the Danish journal from our freedom of
censure.
SPECIAL NOTICES.
NEWSPAPER ADVERTISING. JOY
COE & CO., Agent for the "Tkleqraph1
and Newspaper Press of tne whole country, have KB
MOVED from FIFTH and CHESNV T Streets to No.
144 8. SIXTH Street, second door above WALNUT,
Officks:-No. 144 B. SIXTH Street, Philadelphia;
TRIBUNE BUILDINGS. New York. 780J4p
gg- UNION LI
UNION LEAGUE nOUSE
pHir.AOKLi'iA, Dec, Hi, 1867.
At a meeting of the UNION LKauUKoI Philadel
phia, beld Monday evening, December (ith.the fol
low iue ttliceia were elected to aerva for the ensulug
yeai ;
PRK8I DBNT,
J. GILI.1NOHAM FELL,
VlCKFKfcHIDBNTK,
WILLIAM II. ASHHUB3T,
HOUACK BINNKY, Ja ,
ADOLPH K. BOKIBS.
MORTON McMICHAEL,
P1RKCTOB8.
CHARLES (JIUHOVS,
OKOROK H. BOKF.R,
LINDLKY SMYTH K,
DANIEL SMI 111, Jk.,
WILLIAM SELLERS,
JAMES II. ORNE,
ED WA HD S. CLARKE,
EDWARD BROWN I NO,
STEPHEN A. O LOWELL,
A. H. FKANCISOUS,
OKOROK J. GROSS,
JOHN P. VERREE,
JAMES L. CLAUHORN,
HENRY C. LEA,
SAUNDERS LEWIS.
UEORUE H. BOKEft,
12 116t Secretary.
OFFICE OF THE MAYOR OP THE
CITY OF PHILADELPHIA.
. Dmc BMBEB 18, 1867.
SPECIAL NOTICE. Tbe attention or the citizens
ot Philadelphia Is especially called to the following
section of an Ordinance declaring Ptibllc Nuisances:
Bkc. 9. To sutler or permit suow to remain more
than six working hours after the time ma? cense to
fall, on any paved FOOTWAY or GUTTER of the
city, In front of or adjoining any church, publio build
ing, house, atore. shop, stab e, or tenement of any
kind, or the adjoining side yard thereof, or yaeanl
lots; and the occupier or the owner of suoti premise?,
If unoccupied, shall b liable for the penalty terelu
alter prescribed for such otlense.
PENALTY-TWO DOLLARS.
Measures will be had to enforce a strict compliance
to tbe above, and all officers of the Police Depart
ment are hereby d reeled and required to prosecute
al i ofl't ndtr j against the provisions of this Ordinance,
By order of the Mayor.
BAMUKL . RUOGLE8, Chief Of Police.
H. G. O.AHK, High Constable. 12 13 at
THE BANK OP NORTH AMERICA.
PHILADKLl'HIA. Dec. 11, 18X7.
The Directors have this day declared a dividend of
SIXTY-NINE CENTS per share, as of July 1 last,
Bv..ije on dumaud.
The dividend due to stockholders resident In this
city. If not called for bpro'e the 20ih lustane, will be
ai pilrd to payment of the amount demanded by tbe
Receiver of 'f axes for blute Tax ou a'sessed value
of tl elratock. JOHN HOCK LttY,
It I2tft Cashier.
FARMKRS' AND MECHANICS'
NATIONAL BANK.
Philadelphia, Deo. 6, 1807.
The Annual Election tor Directors ot this Bank will
he held at the Bunking House on WEDNESDAY,
the 8ih day of January next, between the hours of 11
o clock A. M. aud 2 o'clock P. M.
12 a 1 1 g W. RimHTON. Jb.. Cashier.
irt THE PHILADELPHIA NATIONAL
BAN.
Philadhlphia, Dec. 13, 1867,
The Annoal Election for Directors of thU Bank will
be held at the Ranklug House on TUESDAY, theMtb
day of January next, between 11 o'clock A. M aud 2
O'clock P. M. B. B. COMEG YB,
12 II fmwijll Cashier.
fjsi" COMMERCIAL NATIONAL BANK OP
PEMSbYLVANIA.
Philadelphia, Deo. 7, 1867.
The Annual Election for Directors ot this Bank
will be held at the Banking Houne on WEDNEd
DAY, January 8, lots, between the hours of 10 A. M.
and i P. M.
IliP uiwl Ht B.C. PALMER, Cashier.
5yJ COMMONWEALTH NATIONAL BANK,
9-3 PU1LADKLHHI4. Deo, U. I8H7.
The Annual Election for Directors will be held at
the BANKING lioUUE ou TUESDAY, tho 14th day
oi January, jkiim, neiweeu me aours or iu o ciock a
11. and 2 o'clock P. M, H. O. YOUP
YOUNG,
12 13 UiWtlJH
casiiier.
BATCH ELOR'S HAIR DYE. THI9
Kleudld Hair Dye la tbe beat In the world.
The only true aud tm-tect JMe Harmless. Reliable. In
stantaneous. No duutppolulweut. Ho ridiculous tie is.
Natural Black or Brown. Remedies the 111 etlecta of
lind ltyrt. Invigorates the hair, leaving It son and
beautiful. The genuine la signed WILLIAM A.
BATt HELOR. All others are mere Imitations, and
should be avoided, bold by all Druggist aud Por
flimera. factory, No. U BAKCLAY btreet, New
York. iWuuw
jP WIEGAND'S PATENT STEAM GENE
BATOR Is cheap, compact, economical In nse,
and ABSOLUTELY BAFJS FKOM ANY P03SI'
BILITY OF EXPLOSION
Apply at the OQice of BaWUEL WORK, N. K. cor
ner of llilltl) and DOCK. HtreeUi. 13 tp
GREAT REDUCTION.
FOR TIIK HOLIDAYS.
IN Oil. PAlNTIBfGft,
I'llKOMOi, AND
kxuravimu.
hahtelaudfieb
LOOKING GLASSES,
IN GREAT VAHIETT.
NEW ART GALLERY,
F. BO LAND & CO.,
11 1 2ai2p No. 614 ARCH Htreet.
FINANCIAL.
BANKING HOUSE
OF
JayQo:ke&(p.
02 and 114 So. THIRD ST. PHILAP'A.
Dealers in all Government Seourttie
OLD B-SOa WANTED
II EICHAKEE FOB RDM
A LIBEBAL DIFFERENCE ALLOWED,
Compound Interest lTotea Wanted
INTEREST ALLOWED ON DEPOSITS.
Collection" mad. Btooka bought and sold on
OommlMlon.
Special botlness MoommodsUona reserved for
adlea. r9U8m
flfE HAVE FOR SALE
THH
FIRST MORTGAGE BONDS
. OF TUB
Central Pacific Railroad Company,
AT (95) NINETY-FIVE,
And Accrued Int.r.at lax Currency.
These Bonds are payable by law, principal and trite
rest. In gold. Interest payable 1st of January end 1st
of July.
We will take Gorernmenta lln exchange, allowing
tbe full market price.
We recommend tbem to Investors as a first-class
Security, and will give at all times the latest pam
phlets and general Information npon application to u.
Having a full supply ot these BONUS on hand, we
are prepared to DELIVER THEM AT QNOK.
DE HAVEN & BRO,,'
Banker and Dealer! In Governments,
12 5 lm NO. 40 SOUTH TIIIRD ST.
ya S. SECURITIES
A SPECIALTY.
SMITH, RANDOLPH & CO.,
BANKERS AND BROKERS,
KO. Iff S.TIiIBDST.,jirO. S NASSAU ST.
rHIUtSZLFHIA. KKW YOE1C.
Ordert for Stocks and Cold executed in Phila
delphia and New York. Hi
JANUARY COUPONS
OF
Union Pacific Railroad Bonds
AND
FITE-TWENTIES,
BOrCHT OB CASHED IBf SOLD AT BEST
HAUKET BATES, BT
W. PAINTER & CO.,
BAHKEB9,
No. 30 South THIRD Street,
1211 . PHILADELPHIA.
QOUPONS OF
UM0N PACIFIC RAILROAD,
CENTEAL PACIFIC RAILIiOAP,
G-SO COUPONS,
DUE let JANUARY, BOUGHT BY
DE HA YEN & 33EOTHER,
lOlrp
NO, 40 TI1IBD STREET.
JJNI0N TACIFIO RAILROAD CO.
NOTICE.
THE COUPONS OF THIS FIBST MORTGAGE
BONDS OF THE
Union Pacific Railroad Co.,
DUE JANUARY 1, 1868,
WILL BE PAID ON AND AFTER THAT DATE,
IN HOLD COIN,
FREE OF GOVERNMENT TAX,
Ai tbe Company's OOlce.No. to NASSAU Blreot, New
York.
12 19 3w JOHN J, CISCO, TBEAUBEU.
OLD EYE WHISKIES.
THE LABOFST AND BEST STOCK OF
FINE OLD RYE 7 H I G II I E O
In tho Land Is now Possessed by
II E K 11 Y S. HANNIS & CO.
Nob. 218 and 220 tcuth FRONT Street,
wnoorrtB mi; sahh 10 tub tbadk, in iot, osr vebt adtantaobov
TKBMI.
Their 8tock of Bye WLlskies, in Bond, comprises all tlie favorite brands extant, and not
tbrotigh the Yarloos month of 18C5, C6, and of this year, up to present date.
Liberal contracts made for lots to arrive at Pennsylvania Railroad Depot, Ericsson Lt
Wharf, or at Bonded Warehouse, as parties may elect.
FINANCIAL.
525
M
E S
of f us
UNlGf! PACIFIC RAILROAD
Running West from Onialia
Across tli o Contluonti
ARE NOW COMPLETED.
This brings ttas line to Mie eastern base of the
Rocky Mountains, and It Is expected tnat the track
will be 'aid thirty miles further, to Brant Pass, tbe
highest point on the road, bjr January. Thetnaxl.
mom grade from the loot of tbe mountains to ihe
summit 1s but eighty feet to the mile, while that of
many Eastern roads Is over one hundred. Wort
In the rock-cnttlngs on the western slops will
continue through the winter, and there Is bow no
reason to doubt tbat tbe entire grand line to the Fa
clflc will be open for business In 1870.
Tbe means provided for the construction of this
Great National Work are ample. Tbe United States
grants lis Six Per Cent. Bonds at the rate of from
10,000 to 48,O0O per mile, for which lt takes a second
lien as security, and receives payment to a large If no
to tbe full extent of Its e'aiin In services. These
Bonds are Issued as each tweuty-mlle section la
finished, and after It has been examined by United
States Commissioners and pronounced to be In all re
spects a first-class road, thoroughly supplied with
depots, repair-shops, statloas, and all the neoessary
rolling stock, and other equipments.
Tbe United States also makes a donation of 11,800
acres of land to tbe mile, which will be a source of
large revenne to tbe Company. Much of this land la
tbe Platte Valley is among the most fertile tn tbe
world, and olher large portions are covered with
heavy pine forests and abound lu coal ot the best
quality.
Tbe Company Is also author! isd to Iisueltsown
First Mortgage Bonds to an amount equal to the
Issue of tbe Qovernm nt, and no more, Hon, E. D,
Morgan and Hon. Oakes Ames are Trustees ter the
Bondholders, and deliver tbe Bonds to tbe Company
only as the work progresses, so tbat they always re
present an actual and productive vrflue.
The authorized capital ot the Company Is ONE
HUNDRED MILLI JN DOLLARS, of which over
five millions have been paid In npon the work already
done.
Earnings of tho Company.
At present, tbe profits of the Company are derived
only from Its local tramc, but this Is already muata
more than sufllolent to pay the Interest on all the
Bonds the Company can tissue, If not another mile
were built. It Is not doubted tbat when tbe road la
completed the through traffic of the only line con.
nectlng tbe Atlantic and, Paclflo States will be large
beyond precedent, and, as there will be no competi
tion, t can alwajs be done at profitable rates,
It will be noticed tbat the Union PaclUo Railroad la,'
In tact, a Goi'ernmn Work, built nnder the super
vision of Government offloars, and to a large extent
with Qoveritment money, and that Its bonds are
Issued nnder Government dlieotlon. It la believed
tbat no similar security Is so carefully guarded, and
certainly no other Is based npon a larger or more
valuable property. As the Company's
First Mortgage Bonds
Are offered for the present are KINK IT CENTS ON
THE DOLLAR, they are the eheapest security in the
market, being more than 15 per cent, lower than
United States Stocks. They pay
SIX PER CENT. IN GOLD,
Or over NINE PER CENT, npon the Investment,
Subscriptions will be received In Philadelphia by
DS HAVEN A BROTHER. No, 40 & Third street,
WILLIAM PAINTER A CO, No. 3D S. Third Sh
J. E. LKWAEB & CO., No. 28 & Third street.
THE TRADESMEN'S NATIONAL BANK,
In V llmlngton, Delaware, by
It. R. ROBINSON & CO.
JAMES McLEAR & SONS,
And In New York at the Company's Office, No. 20
NASSAU Btreet, and by
CONTINENTAL NATIONAL BANE, 7 Nawan St,
CLARK, DODGE A CO., Bankers, No. 51 Wall St.
JOHN J. CISCO fc SON, Bankers, No. S3 WaU at.,
And by tbe Company's advertised Agents throughout
the United Stales. Remittances should be made In
dratts or other funds par In New York, and the bonds
will be sent free of charge by return eapress.
A. NEW PAMPHLET AND MAP, showing the
progress of the work, resources for construction,
and value of Bonds, may be obtained at tbe Com
pany's Oflloes, or ot Its advertised Agents, or will be
sent Iree on application.
JOHN JT. CISCO, TBEASVBEB,
NEW YORK.
November 23, 1867. 12 u wfmDt
CARPETINGS.
JpALL STOCK OP CARPETING 3.
Just Opened, Fall Assortment of
TAPFATKT lrnVftSKU-,
8 PI.Y INGBAI9TS1
AND EX1BA SCPEHFINI3 IN UBAIN CAB
l'ETINUN, OIL CLOTII, 12, 18, and M feet sheets,
COIR MATTINUS, BUGS, Etc.
JT. T. DELAC'BOIX,
NO. 3T aOXIIlii SECOND STBEET,
11 1 fin warn Above Chesnut.
fP GAKDJSER & FLEMING,
ooaoii makers;
ko. m 4 south rirrii tbeet.
Kew and Becond-band Carriages for sale. Par .
tlcnlar attention paid to repairing 5 80 8a
INTERNAL REVENUE '
PRINCIPAL AGENCY
FOB THE SAIE OF TJNITEn STATES
BEVEKQE STAMPS.
All kinds of R venue Stimps kept constantly on
band, and for sale In all amounts. Stamps forwarded
to all parts of tbe United Slates by Mall or Express,
with the greatest despa'ch. The following discount
allowed r
On I1... WO PER CENT
20 to 100 -FOUR PER CENT
U0audupwardB.FOUn AND A HALF PEROT.
Tbe United States Revenne Stamp printed on
Checks, Drafts, Becelpu, Bill Heads, etc
Orders solicited frtm Printers, Engravers, Bta
tloners, Banks, Bankers, and others.
Tbe following discount allowed on the Stamped
10a...M.TWO AND A HALF PER CENT.
1100 to tSOO 1URKE PER CENT
300 and over.. FOUR PER CENT
JACOB E. HID Q WAY,
NO. 87 SOUTH TIIIBD STBEET,
PHILADELPHIA.
PRINCIPAL DEPOT
FOB THH BALB OF
UNITED STATES REVIKUE STAMPS,
No. 304 OHESNUT Street.
CENTBAIi DEPOT,
No. 103 South FIFTH Street
(One door below Ohesunt street).
ESTABLISHED 1863.
Onr stock comprises all tne denominations printed
by tbe Government,
ALL ORDERS ti LLED AND FORWARDED BY
MAIL OR EXPB1SS IMMKT LATELY UPON RE
CEIPT, a matter of great Importance,
Dralls on Philadelphia, Post Olllce Orders, Green
Backs, and National Bank Note, received In pay
menu ;Tbetollowlng rates ol commission are allowed
On 120. . ............ -T WO PR CENT
From 20 to 100-. - FOUIU PER CENT
From 100 upwards.... FOUR AND A HALF PER CT
The Commission Is payable In stamps.
All orders, etc., should be aldreased to
STAMP AOENCT,
No. 304 OHESNUT Street,
PHILADELPHIA.
ORDERS RECEIVED FOR STAMPED CHECKS
E RAFTS, RECEIPTS. ETC. 1122
BOOTS AND SHOES.
f J O V READY,
Gentlemen's and Youths
DOOTS AND GAITERS
FOB FALL AMD WINTEB WEAK.
FRENCH PATENT LEATHER BOOTS.
FINK FRENCH CALF BOOT 8 for Balls and Par.
ties.
SINGLE-SOLED BOOTS for Fall Wear.
LIGHT DOUBLE-80LEO BOOTs for Fall Wear.
FRENCH CORK-SOLED BOOTS, very easy for
tender feet.
QUILTED 80LED BOOTS made by hand.
GUM. SOLED BOOIS, very durable, and guaranteed
to keep the feet dry.
Having fitted tbe second story of my store Tor some
of my workmen, I am able to make any sort of Boota
to order, at very short notice. Fair dealing and a
moderate price la my motto. A trial Is all I desire.
WM. H. HELWEG,
NO. 585 ABCU STBEET,
028smwBmrp One door below Sixth.
THE LATEST STYLES
IN C'UftTOIII-aiADE
BOOTS AND SHOES,
FOB GENTLE3IEN AND BOYS.
CALL AND BEE THE
INEW BOX TO E S.
PBICES FIXED AT LOW FI CURES.
BARTLETT,
NO. 38 SOUTH UXTII STBEET,
11 2J tf ABOVE OHESNUT.
PATENT ELASTIC
YEJiTILATIXG IWNEB SOLES.
Tbey are a PERFECT REMEDY ion COLD OH
SWEATY IEET OK t ORN8. They relieve U1IKU
MAllsM AND NEURALGIA. They absorb and
remove the PEBsPlMATloa Inside ot HUBBh.it
JIOUTS.
To koow their merits they mnst be warn.
Retail Price. 1W) per pair, bold by all retail Boot
and bU'u Proprietor and Manufacturer,
12 0 im Mo. T t'W ION btreet. Boaiou, MaM.
BLANK BOOKS.
JJIGHEST TKEMIUM AWARDED FOR
BLANK BOOKS.
BT THE FABIS KXPOSUIOX.
WM. P. MURPHY'S EONS,
No. 330 OHESNUT Btreet,
Blank Book Uauufaeturers, Steam Powil
Printers, and Stationer.
A full assortment of BLANK BOOKS AND COUNTING-HOUSE
STATIONERY constantly on
and, at iu fin.