THE DAW EVENING TELEGRAPH PHILADELPHIA, FRIDAY, JULY 17, 1868. SPIRIT OF THE PRESS. (DlTOMAt OPIMtOia Of TH1 LRADIN9 .lorjBNALB rruR ODBBKHT TOP7C8 COMPILED 1TKKT PAT FOR tai TKLKQBAPH. Tlic Tart j of Dislnnor. Prom the jr. T. Tribune. When Governor Seymour sta'ed that be could not with honor" bu)oint thu oaudilte Of the Deinooratio Convention, he ge us a text f more than usual meaning. We have no concern with the BUfpioious and aootna tions of foul play whloli cloud the Conveution. If Mr. Belmont managed the dwlegatea as he manages his Jockey Club, and sold the candi dates out like po many horses in a "pool" in the interest of Mr. Seymour, he must answer to his party. This dishonor attendiig his con cern is of a more heinous description a dis honor aiming at the dignity and peace of the republic Democracy is Jlevoluwn. It is idle to say that the men who nominated Francis P. Dlair did not understand his platform. He is a phrewd man, and tjie representative of a fam ily of more than ordinary political sagacity, lie knew perfectly well, when he declared himself in favor of military iuterferenrje with the Southern Status, that he was appealing to the convictions of the Democratic party. He came to them bearing an honored Rword; it was only by surrendering it, aud offering to join a dishonored conspiracy, that he could find welcome and advauceuient. We have Been what a resolute but purposeless man like Johnson could do in distracting the nation. With Hlair as President, or rather with the party be represents in power, with fiiend.s in (.'oigress, aud Senators like l-'essendeu aud Trumbull and Henderson, in the perpetual agony of pleas aud statutes, he could with impnnity assail the work of reconstruction, and order bis military commanders to disperse the Legislatures of the South. Would the "reaction" stop here ? We remember that the restoration of the Hourbous brought a worse feature of IJourbouism tbau that of Louis XIV. The restoration of Democracy means the re suscitation of the slave power with tliestreugth of anger an 1 vengeauue, aud without the re straining iullueiices of property. There is nothing positive in the Democratic policy but Tengeauce and revolution, an 1 General 151air is the representative of that feeling. The party Las no sympathy with any sentiment of pro gress. It has an apology (or every victory, and a regret for every triumph. Democracy wninx npuiliution. In the timo of General Jacki-ou Dim wr-cry of the Demo cratic party was bullion money. Every debt incurred by the nation was not only to be paid, but every dollar in circulation was to be represented by its value in gold. So tender Were these Democrats uf the national honor that they would not allow the Links the ordi nary uses of credit. Vet now the party stands committed to repudiation. Already its most widely circulatrd newspapers demand the abandonment ot tjie whole debt. The "plough holders" are called apon to overthrow the "bondholders," and the debt incurred in the prosecution of an "unholy war" is to be swept away by the friends ot the Rebellion. No matter what misery may come to widows and orphans no mutter for the sliamthat foreign nations will heap upon us this debt must be disclaimed, or, if paid at all, paid in green backs although the contract, express and implied, stipulated that it should be paid in gold. In other words, to gratify the ambition and hatr-d of these followers of a beaten Re bellion, the proud name of Amerioa Is to be come a by-word and mockery, and the baasted honor of ou- people to be no better than the "honor" which prevails among the Jiarbary pirates or the Princes of Abyssinia. The triumph of Dunocrwy mvans the triumph of DeapntMii. The world moves as one man. Climate, language, nationality, geo graphical difference do not arrest the march of events, or change the application of great truths. Liberty is the same all over the world. Success here is success everywhere. Failure in America means that Hungary, and Ireland, and Poland must still remain in bon dage. There is not a legitimist or despot in the Old World who does not pray for the elec tion of Horatio Seymour. To them it would have the historical signuicance of Charles suc ceeding Cromwell, aud Bonaparte overthrow ing the republic. It would mean the arrest of progress, the destruction of equal suffrage, remanding these States into a con dition of anarchy, Rebels ascend ing to power under the protection of the American soldiers. When we bring this Democracy down to its last analy sis we find the Rebellion controlling, strength ening, mastering it. Governor Seymour aud his "friends" burning negro orphan asylums in New York, found proper sympathy in General Forrest ruassacreing negro prisoners in Fort Pillow. They meant the triumph of Democracy. They failed; and now they meet again, in Tammany II 11, to renew the effort. The Wade Hampton of Chambersburg is the same Wade Hampton who commands the dele gation from South Carolina. He meant that the Rebellion should wiu when he rode at the head of his army he meaus the same to-day. If there is any difference, it is that during the war he and his friends wished to destroy the Union, and rule over its ruius they now mean to take possession of the Union and rule it in the interest of slavery. We do not believe that Providence will permit such a dismal aud saddening result. Many a good cause, however, has beeu perilled by apathy and cowardice by failing to remem ber that Providence only helps those who help themselves. We have a desperate, unscrupu lous, eager, and intrepid enemy. We cannot beat Governor Seymour by deriding him, or by iesting about the habits of General Blair. These men are defeated to-day beyond any hope of salvation, if we can only brinz out the Tote, and show the voters the true meaning of 1, naa Tl.nl ., ... l..,.Jtl 1 luo uajrooot Junb 10 uui imuinuiam, pressing, sacred duty. Victory is within our reach. We must work to gain it. The Cuiiuiiliite of Anarchy. front the If. Y. Evening host. The nomination of Mr. Frank P. Blair for the Vice-Presidency has surprised both parties. It was certainly an act of startling boldness on the part of the Convention, if not an act of desperation. Upon the private character and personal associations of General Blair, it will not be necessary for the purposes of this campaign, it ia to be hoped, to speak plainly aud caudidly. For the present, at least, it is quite sutlloieut to confine publio attention to his public record, and to oppose his election on precisely the same grounds as it he wr ru-nur.tat.iu tlemau, a consistent politician, and a man of Nor is it necessary to go far back to his early years for Mr. Blair's political record. All the Term t utinn Tin lift evui mu.1.. 1 ' ' ' try u speaker and writer, .was made in St. Louis during the slavery excitements uf the tun orj' nrnvinna to Ilia l!l..lli.iri Mr Ul.i. was then the moot extreme and imprudent of all the agitators lor abolition in that city. But it Heema tn lie. a tnistakx to asaurt a a an monv Lave doLe, that his views were chauged during the war. He has again and again avowed his continued adherence to the doctrine of politi f ftl freedom, and equal rights for all men. For fxample, on th7ih of Jane, 1813, Mr. I Blair was present at the Cooper Instiitutw, au 1 I tuade a speech to a vast assembly of citizens upon the clone of the war au l the state ot the country. The sentiments of that meeting concerning the freedmen were expressed iu the following resolution, whlfh wai unaat nionsly adopted, and which, alike from its politica and its grammar, might naturally be tuppostd to be Mr. Blair's own composition: "Metotle'l. That we hold this truth to be self tvltleni, thni he with wnoin we can mint toe I ullet to nave the life of the nation, weoan like ilne Dtrahl the ballot to prtrierve It; Hud we Invoke the co operation of um Federal snl Hii Government", aud the people tlironnhont, tl e Union, to iff all lawful meut to phUo1IjIi a nyHein of Htill'niRe wtilch ahull be equal aud Juhl to all,, black an well an wtilte." It seems clear that if the Republican party bad recognized the ambitious General a a leader, or had even taken the reasonable aud neoePFAry pains to meet his views of his oo importance, he would never have been heard of as outside of that organization. But there is no doubt 'hat the Republicans treated him with indifference aud distrust, and are now fullering the natural penalty for their trepass uj ou his sensitive feelings. His bid for a nomination by the Democrats was publicly made. Had he not sought for this he would be no object for political criti cism now. Or had he, after openly humilia ting himself, by falsifying his whole past record, been dismissed in quiet contempt by the Democratic Convention, the Republicans might well afford to leave him still to silence aud such reflections as he is competent to make for himself. But he is the candidate of a great party, nominally for the second olllje, but practically for the lirst in the country. The doctrine on which he was nominated, therefore, however unpleasant in themselves, mnt-t be examined. Mr. Blair's letter to Colonel Brodhead, of June "0, ImIS, has already appeared iu the Kviuing rout. This letter was written for the Convention, as setting forth what Mr. Blair considers "the real and only issue in this con test," and as thus constituting his claim to a nomination. In accepting him as a candidate the Convention accepted his letter as a state ment of principle, it is, as a Southern paper in his interest has rightly claimed, as much a part of the Democratic platform as if it had been embodied therein. The issue made by Mr. Blair is simple. He shows that reconstruction is nearly complete on the Congressional plan; that, if he is elected, Congiess, or at least the Senate, will still be Republican, so that the reconstruction laws cannot be repealed; and therefore iusists that the Presi leut must usurp the power of nullifying ihose laws, and by for.:e "disperse" the State Governments now established. This, it cannot failed to bs noticed, is a far worse doctrine than secession. The doctrine of a majority of the. Democratic party in IS1)1), that a State roilit withdraw from the Union, has given this country much trouble, Iobs, aud expense, which, if most of that "party ha,, been true to the Constitution, could have been taved. But the doctrine of that party in ISO'S is far worse. But such a war is frightful prospect for this country. It would not divide section from section, but would rend families, would fortify eveiy house against its neighbor, would make all onr streets scenes of battle. The election of Franois 1. Blair would be the approval by th people of his desire to turn our politioal canvass into a bloody war; to make party differences of opinion the sufficient reason for deadly personal enmity. It would be the adoption by the United States of a Gov ernment by assassination aud violence, instead of a government by law. A State, secediug, left the federal Govern ment in its integrity and vigor. But a Presi dent, declaring war against Congress and against ten States allied with Congress, would divide the Government itself. It is true, the contest would be unequal. When the Executive makes war on the legis lature, the final triumph is pretty sure to be on the side of the latter. This is especially the case where be represents tyranny, and they stand for equal rights. The precedents of Charles I. and Louis XVI. are not likely to be varied now. Were he elected, and successful in hi3 plan, he would be above all law, the military dic tator of the land. Were he elected and yet unsuccessful, still the attempt to carry out views wouldgcost the country more than the his former Rebellion. There is no straining, no exaggeration, in this statement of Mr. Blair's position. Here are his words: 'We cannot, therefore, undo the radical plan of reconstruction by Congressional acliun; the Benate will ooniiuue a bar tn Its repeal. Sln-t we submit to it 7 How can It be overthrown? It can only be overthrown by the authority of the Kxecutlve. "Tnere Is but one way to restore the Govern, ment. and tbe Constltu'lon, and that Is for toe President elect to declare these acts null an J void, compel the army to undo lta usurpations at t he South, disperse tbe carpet-bag Utate (Jov ernrreutN, allow ihe white people to reorganize thelrown Governments and elect fcStnsrors and Keprebentatlves." Whether the writer of this atrocious lan guage knew what he was saying is beside the quebtion. Probably not; it is at least less dis agreeable to suppose that he was in a state of even more than usual excitement at the time, than that the former soldier of freedom has become a deliberate traitor. But he has not retracted the letter, and if elected, is pledged to carry it out. Whether the Convention that nominated him knew what they were doing is also beside the question. Probably not; it is not attribu ting to them excessive patriotism or fanatical devotion to principle to assume that they knew the Demoeratio masses of the country too well to ask them to vote directly for trea son or rebellion. But taking the most favorable supposition: Suppose the letter not to have been written early in the morning, and suppose the nomi nation to have beeu made without reference to it, thoughtlessly, by a worn out conven tion, still the letter has been written as a pledge, the candidate was immediately nomi nated upon It, aud under the force of these circumstances, it is by that letter that the Democratic party in this cauvass must stand or fall. If that party succeeds, we have immediate anarchy through the South, and a general war. If that party fails, we shall have har mony and union. A ridinc for Patriots to Ponder. Front the If. Y. Comvurclal Ailverliur. The Chairman of the Tammany Convention at the time Horatio Seymour was nominated, was the Rebel General Price, of Missouri, whose State never pretented to secede from the Union. Fx-Governor Vance the leader of the North Carolina delegation which cast its first ballot for Seymour, and hastening to follow Ohio's lead, returned to its first love declared during the war "that he was going to light the Yankees until hell was frozen over, and then he would fight them on the ice." He subsequently addressed the Rebel sol diers iu the trenches, and urged them to "pile hell so full of Vaukees that their feet would stick out of the windows." Tuts same unrepentant Rebel, who was so enthu siastic for Seymour, halted at Richmond en route home from the Convention, and declared that, iu his opinion, what the Confederacy had fought for would be sec red by the elec tion of Seymour. Henry A. Wise, another of the latter's etithusiastio supporters, dolar i upon the same occasion tht hedil not Ilk the platform, because it said secession wa dead, whereas it was more alire than ever. The nominees were, however, unobjectionable, inasmuch as they would restore the "lou canse." The geutleniau who nominated Blair for the Presidency, was none other thin the Rebel General Preston, of Kin'.uikv, who, if possible, deserved a severer punish ment than the other insurgent leaders, inas much as he had not th excuse of State secession. He, iu conjunction with Breckeu ridge, seduced tbonsand of the young men of Kentucky into the Confederacy. Pres ton's nomination was secouded by Fort Pillow Forrest and Wade Hampton, who said iu his recent address before the alumni and under graduates of Lee's College, "the cause for which Jackson (S'onewall) fell, cannot be in vain; but, in some form, will yet triumph," who declared in his New York ratification speech that the disfranchised of the South should cast their ballots, and the bayonet must force an entrance for them into the ballot boxes. Is it at all surprising that the nominations have fallen stillborn upon the Northern De mocracy ? Iu spite of the "gasconade" of their newspapers they do uot fail to see that Lee's prediction has been verified, and the late insurgents have recaptured the Demo cratic party. Progress of 1 lie Presidential Campaign. From the N. Y. Ilrrwd. In view of the great fizzle in which the Tam many Fourth of July Convention closed its labors, in iw of the failure of that Conven tion to come up to the broad ground ou which the Democratic masses were prepared to meet it, the evident tendency of popular opinion is to revert to the times when the people found that it was not safe to trust the Democratic party. Those were the times that gave the Republican party Us start in life. Republicans promised to save the nation, and the lirtiuo crats were crazy to carry out a theory that must destroy it, and this forced tbe peoole into the foinier party, made up thougn it was of bigs, Know Nothings, Abolitionists, aud all tiie elements of chronic oppo.-itiou to popular impulse. The uatiou went with this party for a put pose and forced it to accomplish the pur pose; but so soon as the pressure of the gene ral will was withdrawn, so soon as the direct action of the people on party councils was no longer felt, as it had been through the war, the leaders of the party gave indications that their old instinct had not died out, and they proceeded to reorganize the government in accordance with these old instincts, on a tyi annioal, intolerant, auti-detn"cra'io basis. Kntiiirted with the national power, they made a partisan use of it, their prime object b-ting not to restore union, harmony, aud peace be tween tbe rebelling States aud the faithful ones, but to so frame the fundamental law of reorganization as to keep down and defeat the popular will, and prevent a Deinooratio party from laii-ing its head iu the Southern States. Seeing their great victory abused t such purposes, the people abandaned this party by common consent, and gave victories and great gains in uume-rous States to any organiza tibn that prjuiised successful opposition. Here was the hint for the Democratic leaders. From the very nature of the case the De mociacy revived everywhere, aud the people rejoiced ill api ouii-ed opportunity to put down the men and the party they bad Seemed to stamp with their approval by acting through them during the war. As the country is over whelmingly Democratic in its normal state, and as the people were everywhere giving in dication that eight years' experiment of the other paity had sickened them, the case seemed plain that there was to be a return to the nor mal condition. Only oue thing was neces sary the people required to be sure that the Democracy in its revived phase was soundly national and not vitiated by the errors and bad purposes that had compelled them to cast it aside eight yean since. As the Democratic party was wrong the last time they knew it, they demanded to kuow that it had got right before they would trust it. They waited for its nomination, to read, in the name of the individual "distilled of all its virtues," what were its views of our recent history and our present position and its purposes for the future. In the name of Horatio Seymour they see these views aud purposes declared with unblushing front; they see that the Democracy has not yet arisen to a national comprehension of the war, but is resolute still to regard it as it did from Chicago, and to consider the present position of the nation as the result of the iiinuiph of wrong, the whole of whicL must be undone, and they see that the purpose of this party iu the future must be to humiliate the victor. In the very name of the candidate the Democracy repels the masses that poured out the blood and sub scribed the money for the war. This will not do for a proud, generous people, confident of the right of what they have done, and thus by inevitable necessity the nation tnrns to Grant. Little as it likes the party that was compelled to put him up, much as it distrusts the more violent element of that party, it knows, likes, and is willing to trust Grant himself, for sound judgment, upright heart, and inflexible purpose the people's owu hero and it knows that it has no good to hope and every evil to fear in the success of the Demoaratio candidate ticket. The Last 1'iulical Canard. From the N. Y. World. An unknown personage, who'e acquaintance we faucy scrupulous people will hardly care to cultivate, by name "It is said," who seems to be just now left in the editorial charge of two newspapers in this city, "tiotu daily," has made up what he calls his miud to assail the Democratic candidate for the Pretddency with the chaige which Festus in the Scriptures brought against St. Paul. Using the Times in the morning, and the J-'osl iu the evening, this inventive creature anuouuees that, as Horatio Seymour is tolerably certain to be elected President of the United States next November, it one bt to be known that his real reason for declining the Democratic nomination uutil it was forced upon him by the unanimous vote of the Convention, was the existence iu his family of "an hereditaiy insanity which threatens him also, and from which he can only hope to escape by avoiding excitement and tevere labor." We are very much mistaken iu onr estimate alike of Mr. Raymond, the responsible editor of the 7 Vhc, aud of Mr. Bryaut, the responsi ble editor of the 7W, if either of these gentle men can need any comments of ours to make him sharply realize the dishonor put upon bitu by this pleasing device of the mysterious Mr. "It Is said." But letting that pas, aud assuming that Mr. Se incur, or any other statesman who should use tbe standard of the JNational Demo cratic paity, might naturally enough be sup nosed by an anonymous aud exasperated Rad ical to be "mad," we should like to know what soit ot light this accusation of "hereditary in sanity" made against the Democratic candidate by Mr. "It is said," a being unknown alike to the tax gatherer and to the faculty, can be ex pected to throw npon the charge of incipient litlirium trimcni brought, notbyau anonymous inventor, but by Wendell Philip", Theodore ititon and other highly ohservaut uomiuatire cases, against the Kadical candidate, Guer il Grant? torbes, Wiuidow, aud other author itie have proved to most people's satis faction that everybody iu the world is more or less insane, and of course, therefore, that everybody's father mil mother must also have been more or less in sane liefore everybody was born. But nob ily, that we know wf, has yet undertaken to proire that every body in the world is more or less Addicted to delirium titmtns. When John Wilkes was accused of squinting, an ardent admirer of his protested that he ' squinted no more than a gentleman aud a man of honor ought to squint." But even Mr. Wilkes' ar dent admirer might have recoiled from assert ing that his idol, being accused of intemperance, "got drunk no more than a geutleman aud a man ot honor ought to get drunk." Jnnnirimun wimcs, sang the old Latin poet; and we dare say that the "truly loil" Union Leaguers of Philadelphia may have thought that Horatio Seymour was quite "mad" when in June, lfcijo, he hurried on the troops of New York by the th out and to drive back the Rebel invaders from the soil of Pennsylvania, although its radical rulers had vituperated and slandered both himself personally aud the great party to which he belongs for month alter month. But, if we are all mad, we do not all of us "fall down" whenever we "staud up before a bottle," as Wendell Phillips de clares that the "General of the Armies" inva riably does. Nor do we all of us get ourselves indicted for playing fast and loose with the Government funds, as the publisher of the Post, Mr. Henderson contrived to do. The only hereditary insanity" of which Horatio Sey mour is a victim is what the radicals regard as a "hereditary insanity" of belief in the principles of Jell'ersonian Democracy. From this we really don't believe he can escape, even by "avoiding excitement and hard labor." Ou the contrary, he was led by this "hereditary insanity" to undergo, as Gover nor ol New Yoik, au amount of "excitement end hard labor" in defending the soil of the Ninth against the Rebel invasions, aud the liberties of the North against radical usurpa tions which cau haully be paralleled by the obligations even ot the high oihie to which the people, propose to call him iu No vember next. If we were engaged in a battle f genealogies it might be easy to show that if General Grant really be the "root of JeERe" he is in imminent peril of taking his own life, iu which case it is horribly certain that Schuyler Colfax would be the heir of the radical b anner. But this pending Presidential liiht is to be fought out, not between the fathers of the candidates, but between the can didates theuiseHes and the principles which they repiesent. If the radicals, owning them selves beateu on the ground ot principle, really want to make light ou the personal qualities, habits, tastes aud tender cies of the cau lidates, we shall be sorry for General Grant, but we shall not feel at liberty to decline the en counter. Counting the Votes Wade Hampton's '1 Ureal. From the If. Y. 2me. The South Carolinian soldier who threatens revolution unless the white reople be allowed control of the toulhern vote in November next, has an apologist in the Democratic joumal of this city. Not au apologist of the outspoken sort, however, but one who per verts and misstates Wade Hampton's meaning and then hunies to his rescue. What Wade Hampton demands is "that the white people of the South shall vote,, whether the States in which they live have been re constructed or not that Mississippi, which has rejected the new constitution; Virginia, which may render a similar verdict; and Geoigia, whose Demoeratio legislators pro pose to defeat the Constitutional amendment, shall participate with North Carolina aud other restored States in the voting for Presi dent. He demanded that the Southern whites, under other organizations than those formed or to be formed under acts of Congress, shall Lave admission to the Electoral College. Aud Le declares that if by these devices a majority of while votes be secured for Seymour and Blair leaving the colored vote out of the account these candidates shall be installed in power "in spite of all the bayonets that shall be biought against them." These purposes, as we have said, are revolutionary. Aud we 1 ave reason to believe that they are shared by that class of extremists for whom Wade Hampton spoke in this city. The World, however, conjures up a totally aiiierent hypothesis, it Ignores the claim set up in behalf of the Southern whites regard less of reconstruction and other laws, and seeks to justify Wade Hampton's threat by assuming that it was directed agaiust the possible exclusion, by Congress, of States lestortd to representation, ihus it tneo rizes: "SuppoBP, to illnstfate the principle, that the result ol the el ction should depend uoou tne eiecioiai votes oi me newiy admitted male ot Koi ioi ; that the three votes of Florida should be ieinoeiiii. ami Unit Couro-a should Urow I turn out and dec;iue Utneial Uraul elected, fcow, ou liiu sue position uf a fair elecilon In I'h'i h a. Uiibt the Democratic party euOmit ? The qucmion answers Itself; only a negative enswei is pobsiuie. The supposition is absurd. There is no more probability of excluding Florida, or any other of the Southern States which have been restored to the Union, than of excluding New Yoik or Maryland. The counting of their votes, whether Republican or Democratic, is not optional with Congress, whose action on Mr. Fdmunds' resolution, as amended, is a cuaiautee ol straightforwardness and a ihe reiice. to duty. Tbe Constitution protects the rights ot states within the Union, as the re coustiucted States will be. And the joint resolution adopted the other day declares in advance that the votes of communities which may not have complied with the terms of the Recorstiuction acts will not be admitted. The question will turn, not upon the party com plexiou of the votes, but upon the relation of the Mates to the L uion. Florida, being in, will vote as of course. Mississippi, being not, will not be allowed to vote, equally of course. Will the World drop fanciful conjectures, and meet lairly the question raised by Wade Hampton's menace f We don't care what mij;ht be done in the presence of a contin gency whitdi cannot arise. We want to know w hat, in the World's opinion, may, should, aud will be done if Seymour aud Blair obtain a ma)' rily by including in their calculation the votes ( f Mississippi, aud perhaps Virginia aud Georgia if the reconstruction of these States le not at the time perfected r Does our contemporary demand the adrnis siou to the Electoral College of the entire South, irrespective of the Reconstruction acts? aud is it prepared to recommend a resort to violence if admission be denied to portions of the South, on the ground that, for purposes of representation, tuey have not been restored to the Union? These are the queries suggested by Wade Hampton s declaration, aud we in vite the Wot Id to face and answer them. rqnsrely and frankly. Wade Hampton is too luave a man to dodge the consequences of his own argument; and if the World would be come his champion it should at least imitate Lis candor. 213 220 S. FRONT ST. 4 OFFER TO THE TRADE, IN LOTS; FIXE RYE AM) B 0 U Ii B 0 1 WHISKIES, IX KOm Oi 18U6, 1800, 1H7, niicl 188. ALSO, FEIE im ME AKD YAWWVM WHISKIES, Of GREAT AGE, ranging from 14 to 1845. Literal contracts will be entered Into for lots, in bond at Distillery, of this years' alunrn'aet nr.) American Enterprise China Fiomthey. Y. IVibune. We are accustomed to regard the Panama Railroad as the very best exemplification yet perdcted of American energy aud capacity. The d flicultie encouutered were peculiar aud euoimous; laborers could scarcely b procured, and those who could be died nearly as faH aa they were obtained; the cost far exceeded any previous estimate; yet the projectors undaunt edly struggled on, and at length achieved a maguihcent success a triumph which has 6ensibly diminished the sum of human misery and increased the aggregate of human wealth and comfort. A lailroad to the Paciflo wholly through our owu country, connecting our seaboard cities with the mining regions of our two great ranges of niouutaius, the vast deserts which nearly inclose them, aud with the rising marts of the Pai itic, was a still more arduous and. costly nndertakiug. Less than twenty years ago, it was first suggested; and Us advocates were lidiculed as it they had proposed a stone bridge to the moon; yet ISO'D will see the first thriugh road completed, aud the Iron horse prancing and snorting from Jew lorn to iu Fiancisoo inside of a week. The cvntenuial celel ration of our naiioual auuiversary will probfcbly see tLree distiuct lines of railroad iu opeia i m from the Mississipi to the Pacitic, each connecting with two or more through lines from ihe Mississippi to the Atlantic. Each of the three will have beeu constructed exclusively by American capital, using only Ameiican Iron. A kiLdred though less importaut and far less costly uudertakiug is that of the Kist India Telegraph Conipauy, wholly American, but proposing to connect the cradle aud aucieut focus of civilization with the entire occidental world. Immediately, however, the Compauy proposes to connect the great seaports of China, ten in number, from Cautou to Shang hai, by a submerged cable, 8H5 miles long, with ollices in each of the ten cities, whose in habitants number in the aggregate nearly six millions, and whose foreign trade alone amounts to 1)00,000,000 per annum. As yet-, no telegraph wire is stretched across one rood of the Chinese Empire, whose enor miusly dense population, immense tratlio, lite rary culture and lack of post-office facilities would seem to render it peculiarly adapted to the Introduction and profitable use of tele graphs. In California, we learn, the Chiuese make great use of the telegraph, as they would natuially do at home if they had it. Bat popu lar prejudice, suggesting apprehensions that the cuirents of "good luck" will be injuriously disturbed by setting the lightning to racing about as a messenger of commerce, has hitherto prevented, and may long prevent, the estab lishment of internal lines of electrio communi cation throughout that conservative empire. Tbe right to connect the several seaports by submerged wires has, however, been conceded to the Fast India Telegraph Company; and the satisfactory improvement of the privilege thus conceded will doubtless lead to still further and larger concessions. The busiuess of the great, seaports, however, is believed, by those who have personal knowledge in the premises, to be ample to render their connection in the manner proposed amply remunerating to the Company. Good judges have estimated that the entire outlay may be returned in dividends to the stockholders every two years subie qnent to the completion of the line. The Fast India Telegraph Company has en countered many obstaoles and difficulties; but these have now been happily snrmouuted, aud a reorganization has just been effeoted, with the Hon. Andrew Q. Curtin (late Governor of P-nnsylvania) as President, with Messrs. Paul S. Forbes, Frederick Butterfield, Alex ander Hollaud, Isaac Livermore, James Noxou, O. H. Palmer, Fletcher Westray, and Nicholas Mickles as Directors, and George Ellis (cashier Bank of the Commonwealth) as Treasurer. Books of subscription have been opened at the Company's ollices, Nos. 23 and 25 Nassau street, at the Bank of the Commonwealth, at Drexel & Co.'s, Philadelphia, Jay Cooke's, Washington, and other banking houses; and It is confidently expected that the $5,000,000 of capital required will be promptly taken up, with every prospect of a speedy construction ot the woik, followed by generous dividends to its stockholders. The certificates of New York, Boston, and other merchants engaged iu the China trade with the assurances of protection and favor accorded by Mr. Seward on behalf of our Gov ernment, and M Moustier on that of Frauoe, seem to leave no room for rational doubt that this enterprise is one of great promise, and, in view of its inevitable benefits to China, to our own country, and to mankind, we heartily commend it to the favor of the intelligent and the thiifty. FURNISHING GOODS, SHIRTS.iC H. 8. K. G. Harris Seamless Kid Gloves. EVKBT PA IB WiBBiMtlSDi JCXCLUfclVK AG K NTS FOB GXNTS' GLOVES. J. VV. SCOTT a CO., I rrp MO. 814 VHiMNVT ITUEET, pATEKT B II O U L D E It-SEAM HHIHT HANCFiCTOBT, AMPttF.H 1XKHKN'R fBBKlSllIMH STOB1 rv.HK.m iriTTrNu eHirtra and dkawkjrs made from ineanureineut t very short notice. Ml othnr article ol OKiNTLlLMKN'b DRB&) GOOD In foil variety. WINCH FTEB A (H)H U2 No. ttituailMNUT Birr WIRE GUARDS, rU KTOBIS FBONTS, ASIIVMS, VAC TOUIKH, ETC. f teut Wire Kallim, Iron Bedstead, Ornament Wire Work, Paper Makers' tvea. aad every yarteij ot Wirt Work, mantUaciared by If. VALUES HONS.' soiw No U Borth BIXT1I Street. Qrr CAST-OFF CLOTHIrVa.-THE HIGH CUll. ml in Ice I'alU lur LaUleaand Unni. Atlrireh H 11K11TON. 16 nu HO. 8o bO U i ll Btreet. 218 1 220 S. FRONT ST. r c CO BRANDY, WINE, GIN, ETC. NEALL Q. McDRIDR, IMF-OUTERS OF , BBAWDIES, WINES, GINS, ETCH IND DIPTILLBBB OP f'uil OLD RYE, eCURBOl AND EONONGfiHEU w ui a it y, PUFF, AND UNADDLTICRATBP, No. 1M South FRONT Street, PHILADfcXHPIA. I.lqnnni by die U Ule and Deunjotin fnrulnhna exi'reHNly tor fumily ud niedlliml ur;Hf. Orden by mall will be lirorbnMy uttcnrtwl to. i i)miirv CIIAMPACNK.-AN INVOICE OK "PLANT J Vote" Clmail'iKe. Inn orlnd xml or (m'e hy jamKh ca hta i kh, j A., 126 WALNUl mid 21 U K AM IT k (Street c "MI AMPAfiNK. AN 1NVOICK OF "GOLD utu' iKiir, iujnr.M. ana lor naie ny J A & KH CA KhTA I KH, J lu " n kj j pun uiA . J I it rir. c MIAMl'AGNE.-AN INVOICE OF "GLO. J rill" l!lik.iji nnviiii lr.....rtul .... 't'. ""'I' "-w nun iui flIITUr JAM I. M I ' A IMrl A 1 Lu T . 4 11 ( m WAUUi and 2 UKAM I bAirwrt. pAKsTMKh' OLIVE Oil AN INVOICB J ot tbe above, lor ale by w J A Ma CAR&TATRR. JR.. 128 WA LN lTn4MOKAKiTJC blxoet. WATCHES, JEWELRY, ETC. J-TAVIKd rurvCJJASED tub interest OF TIIOMAV WBI;.INH, KSU. My late partner In tlifl firm of WRIUQINS & WAR DKK, I am now prepared to oilxr A Nk.W AM) VAKUD STOCK O? WATCHES AND JEWELRY, AT TIIE OLD feTASD, H.E. COBNF.lt FIFTH AM IHEM UT NTS.' And rrspicHnlly rpqnent a continuance ot the pa in nage eo long and UDerally OpHuwhC upon tne law rirni. . Par'IcnlKr aunulon given to the repairing ol "WATCHJOi AND JKWliLRY. A. B. WARDRIT, Philadelphia, March 16, 1868. 6 a wrmgra JEWELRY! JEWELRYI S. E. Corner Teiilh and Chesnut. NEW STORE. NEW GOODS. . WRICCINS & CO., (Formerly WrlyKlns Warden. Filth and Chonnut) Invite attention to their New Jewelry olore. 8. K. cor tier TJiMTH and (IHKsNUT HlreeiB. We are now prepared, with mr b xtenslve Stock, to oiler (IKKAT 1MMKKMKNT.S to buyers. WATCH KS ot tie most celebrated muken, JEW FXKV, aim KII.VKH WARE, always the latest da bltis and bent qualities. lioods epeciallv cenlfined for BRIDAL PRESENTS. iertlinlar attertlou (jiven to the Repairing Ol WATGlibti AND JKWIXttV, (6 1 niwf WHIQQIN3 & CO., 8. E. Corner Tenth and ('peanut Ntreets. XtWlS LAD0MUS& CO. 'DIAM0XD DEALERS & JEWELERS." WATt llKS, JEWBMtY A BILVKIl WAllr.. ."WATCHES and JEWELRY REPAIRED. J02 Chestnut St., Phila-, WATCEEi OF THE FINEST MAKER, DIAMOItD ASD OTSJlR JEWELRY, Of the latest styles. SOLID SILVER AND PLATED-WARE, ETO.ETO, SMALL STTJDS FOR EYELET HOLES, A large assortment Just received, with m variety of settings. s )4p We keep always on hand an assortment ot LADIES' A tiKNTH' "JFIKB WATCHB Of the best American and Foreign Mafcers, all w&f ranted to give complete satisfaction, and at 8BJSATLY REDUCED PRICES. FA HR ft BROTHItlH, Xxnporters oi Watches, Jewelry, Mnslcal Boxea, ltd. U llnruthirpj P,i, m CflEMNUT Bt below Fourti., Espec'al attention given to repairing Watches an Monica! Botes tiv KliiBT.CLAHH wornmen. TUKRBT CLOCKS O. W. RUSSELL, Importer and dealer In flue Watches. French Clocks, Gold Jewelry, Etc., No. 22 H. blXTK Street, baying rectivtd the agency ot BTEVENS' PATENT TOWER CLOCKS. Is prepared to male estimates and contract 'or pnt Ung op these CI icks for Town Halls, entireties, School Bouses, t ic. In the full assurance that they are the beet and cheapest TURRET 0iXCK8 In tbe United States, Inquiries by mall promptly answered. t2CJ JHE S TEAM GENERATOR UAMIF4CTUUING COMPANY OF rtMSMYLrAtHA, CAPITAL, - - - SI 00,000 This Company are now prepared to furnish WIEUANU'Si P ATF AT IDIPBOVED MTEA3I iiUSt BBATOB, Of any power reqnlred, upon two weeks' notice. They have been utrodiicrd In thla city, and thoroughly tested, with mott sailHiactory results, aud are sold UNDER GUARANTEE Off ABSOLUTE SAFETY FROM DEsTRCCTiVE EXPLOSION. They ar cheaper In first cost, and In expense of erection, mora economical In fuel, durable aud convenient In tug than any other apilratus for generating steam. OFFICE OF coarAii, (ROOMS Nob. taid 6), No. WALNUT 8TRKET NF.I.RON J. NICKERSON, President, EDWARD H. GRAHAM, itilm Herretary and Traa nrar MON 1'AM'hAND S1Z1NO COMPANY. A Paste lor liuxuiHkern. Du.'Soinilnr.. Paper, hangers, bhoemakei s, Porket-hook Mailers, Mill l'nners. eic. It will not sour. Is fhep and always ready lor tine. Xefer to J. Jl. Uiu eurott & cxi.. Ddvar A Keller. Wllliaiu Mun, Philadelphia, ' Inquirer, Harper Brew.. American Tra'it tviuiety. ami other bole KVIUi. CKAUIN ')0.. ) No. t&i CUMMiUiCk bireet. FINE WATCHES.