THE DAILY - EVENING TELEGRAPH PHIL ADELHIIA,- WEDNESDAY,- SEPTEMBER 23,-1808.
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POILllllED EIEITIFTEIIOOI
AT THB ITM1M TRUBOBAPH BUILDINGI,
MO. W THIKD BTMMMT.
, WEDNESDAY, SEPTEMBER 23. 6-
The Trouble m Spain.
Thi banishment of the Duke and Dnohesa of
Montpensler, In August, followed up by the
exile of ome half-dosen Spanish generals,
Was merely an episode of Bonrbon tyranny.
Tet it was the feather whioh broke the patient
baok of Spain. General Prim, who appears to
bare succeeded Espartero as the leading spirit
of the progressive party, has been in a rery
unquiet state for the pst few years, and at
last found the Spanish capital too warm a
place for his residence. " lie took the field at
the bead of a small band of unorganized insur
gents, who were soon put to ront by the loyal
troops, and their leader forced to retire into
Franoe. Then, doubtless, oommenoed the
plotting which precipitated the recent action
of the Queen's Government in exiling the
noble house of Montpensier and the suspected
gecerals. Nothing was proved against the
f jrmer. A mere breath of suspicion of oom
pliolty in the disquietude which has long
ftffe ted the thlnkiDg portion of the Spanish
people was sufficient justification for such a
hazardous movement. The Duke of Mont
pensier began to be talked of by the revolu- ,
tionary leaders as a fitting successor to Queen t
Isabella. Disclaimers on his part were of no i
avail, and, without a hearing, he was hurried
out of the kingdom. It was like casting a
torch into a powder magazine, and now the
explosion is upon na, and before the smoke
and rain whioh follow are cleared away, Spain
will again raise her drooping head among the
nationalities of Europe.
Queen Isabella, jealous of her p)wer, if not
of her good name, desirous of propping her tot-
- tering throne by the most available means at
hand, oast an anxious glance towards Rome,
and was conscious of a possible avenue of es
cape from dethronement. It was rumored
that the Italian Government had at last for
mally demanded that Louis Napoleon should
fulfil his treaty obligations by withdrawing his
troops from the Eternal City. Here was pre
sented the Bourbon's opportunity. If the
aotive, inquiring minds of the kingdom
could be diverted into a ohannel in
whioh they would find full soope lor their ex
pansion; if the discontented soldiery could be
given serious work, to wean them from a pas
sion for spasmodio outbreaks; if the overbur
dened people could be amused as, well as
amazed by valorous deeds abroad, and thus
made insensible of their cause for oomplaint
at home; if the revolutionary spirits oonld be
shamed into loyalty, by the imperilling of the
national honor in a foreign war, might not the
tide of dlsaffeotion be stayed for the time, and
' the Bourbon dynasty be given a new lease of
life f So Queen Isabella seriously proposed
to relieve Napoleon of the onstody of Rome,
by placing an army of 30,000 men at the dis
posal of the Holy Father, for the proteotlon of
the temporalities of the Chnroh against the
enoroaohments of the Italian party of aotion.
If the proposition had been made in time for
consideration and acceptance before the pre
sent outbreak, the destiny of the Peninsula
might have been changed. Italy would have
regarded the advent of the Spanish troops as
a cwus belli, and a long and desultory warfare
would have ensued, in whioh Spain might have
won a fair measure of martial glory, or been
utterly undone, with the ohances in favor of
the former result. France and Prussia and
Austria might have been drawn into the con
flict, and amid the ensuing chaos the Spanish
Bourbons might have availed themselves of
some unforeseen oontingency to cement their
power, and perohanoe to regain the oonfiienoe
and esteem of the Spanish people.
The object of Queen Isabella in so persist
ently seeking an interview with the Emperor
of the Frenoh at Biarritz, and her final suooess
at San Sebastian in that understanding last
Veek, may have been for the purpose of
urging upon the latter the expediency of
aooepting her proposition for the garrisoning
of Rome; or it may have been with a view of
soliciting the moral, if not the material sup
port of Napoleon in her tribulations at home.
Doubtless both affairs were talked over, for
each is so interwoven with the other that they
cannot readily be considered apart. Ramor
has it that the profound ruler of the French
attempted to avert the impending transition
by persuading Queen Isabella to moderate her
policy; to rid herself and Spain of the ob
noxious rule of Gonzales Bravo; and to entrust
the serious task of quelling all revolutionary
movements and tendencies, by a half-way
polioy of conciliation, to General Conoha,
otherwise known ' as the Marquis
of Havana, one of tie leaders
of the so-called moderate liberals, of whom
Marshall O'Donnell was formerly the head
and front. Such a polioy, If it oould have been
peacefully inaugurated, would doubtless have
had a temporarily tranquillizing effeot,
and was, therefore, extremely distasteful to
the revolutionary party, who believed that
the more despotio and unendurable is the
Bonrbon rule, the sooner will Spain be rid of
it forever. But here again the Queen was
too late. General Prim and Admiral Topete,
alive to the necessity for immediate aotion,
embraced the opportunity presented by her
absenoe from the capital to avert its possible
consequences by raining the standard of revolt.
Aooording to the reports thus far reoelved,
nearly all Spain has joined in the movement,
-hfch has thus been deprived of a partisan
-al measure and been made a national and
1 one.
far all our advices are vague and
d several days will doubtless
an learn with any certainty
jt affairs. That the end of
the Bourbon rule Is at hand, however, there
can be but little doubt. Upon whom wlH fall
the mantle of sovereignty Is a question whioh
the future alone can determine. There is a
thoroughly liberal party whioh would do away
entirely with all semblanoa of monarohy. Bat
this Is quite impracticable; Spain is afl poorly
prepared for entering upon the stage of repub
licanism as la South America, muoh farther
removed from the possibility of free institu
tions than Franoe. " Reports by way of Vienna
state that the insurgents demand the abdica
tion of the 'Queen in favor of her son, the
Infanta Don Alphonse j but this is scarcely
credible, for ' Spain has had too muoh of
Bourbon rule to exohange one sovereign of that
house for another who would prove little more
than a tool in the hands of the former. . , The
Duke of "Montpensier has his adherents, and
so has the King ot Portugal. A movement In
favor of the latter is likely to gain strength,
for ft would present an opportunity not soon
gain to occur for merging into one nationality
of respectable dimensions all the territory and
people of the Spanish Peninsula. A republio
being out of the question, the next best thing
would be a union with - Portugal, under the
sceptre of Dom Luis, who would give to Spain
a wiser rule and a more liberal existenoe thaa
she bas enjoyed for centuries. The only thing
in his disfavor is his seeming alliance with
Louis Napoleon, arising from two circum
stances. The one Is the faot that the Queen
of Portugal is a sister to the wife of Prince
Napoleon, the Emperor's cousin. The other
is far more serious. Don Antonio, Duke of
Montpensier, the rival claimant to the throne,
is a brother-in law of Queen Isabella; but he
is likewise a son of the late King Louis
Philippe, and would therefore be aa obnoxious,
if not a troublesome neighbor to Napoleon,
when once firmly established in power. So
the Spanish succession, in oase of the de
thronement of Queen .Isabella, is likely to
again become one of the vexatious questions
of Europe, and to divide the attention of the
crowned heads With the Roman question and
the problem of the balance of power between
Franoe and the North German Confederation.
Its most natural and only appropriate solution
an appeal to the will of the Spanish people
will not, in all probability, suggest itself to
the arbiters of the fate of nations. Such a
ceremony would be extremely distasteful to
the confirmed opponents of all democratic ten
dencies on the part of the masses, and would
be averted if possible, even at the expense of
another Peninsular war.
Retribution.
Thb condition of the Southern States pointedly
illustrates the certainty with which the old
time maxim, "The way of the transgressor Is
hard," is invariably fulfilled. They raised
the infamous hand of treason against the life
of the nation, and defeat on the field of battle
and wide-spread desolation was the harvest
which they reaped. Then Congress under
took so to reoonstruot them as to seoure a
guarantee for the fat are.. Here again bitter
ness and disloyalty marked the course of the
majority of the secession element. In three
of Uie States tills reactionary spirit luu.
so rampant that the great work of restoration
has been defeated for the present, and they
will have no voice in determining the Presi
dential question whioh is now before the peo
pie. This affects the haughty pride of the
Virginians in a way that is pitiful to behold.
The Richmond Enquirer a few days ago,
lamenting the condition of affairs in tha
State, exclaimed, "Her oppressors have man
acled her limbs, and forced her to sit by the
battle-field silent and motionless, and in the
conflict cannot be heard even her moan of fear
and trembling." In this same spirit it con
tinues, "The only hope for the peaoe and tran
quillity of the oountry, in all the ooming
years, is the election of Horatio Seymour, and
the" defeat of the Jacobin conspirators who
have made Grant their standard-bearer.", The
Northern Democracy, under the diotation of
Wade Hampton and Vallandigham, are lifting
up their voices in the same strain, bo tho
roughly identified are they, in spirit and in
body, with' the unrepentant Rebels ! who
attempted in vain to disintegrate the nation
by an appeal to the sword. Plaoed side by
side, the editorials of the New York World
and the Richmond Enquirer are quite indistin
guishable; placed side by side, the speeches or
Frank Blair and Wade Hampton are but the
eohoes of each other. The party whioh saved
the life of the nation is nothing better than a
band of Jaoobin conspirators; the great soldier
who led the armies of the Republio to viotory
is nothing more than the standard-bearer of
this impious conolave. We have but one
word of advice, for the two twin-branches of the
revolutionary factions. Continue to prate about
the despotism of Congress, continue to slander
the General of the army. In due time the
"reaction" about which ,we have heard so
muoh will oome, and your rantings will fall
back upon you with even more crushing
weight than the columns of Grant as they
were hurled down through the Wilderness
upon the intrenohments of Riohmond. The
luin whioh is so universal at the South will in
good time have its counterpart in the North,
in the disappearance of the Democratic party
from the page of history. The people see and
believe that in this way alone can the nation
be restored to tranquility and prosperity, and
already they have begun to proclaim their de
teimlnation to uproot all traces of Demooraoy,
in a tone that is not to be mistaken. The
voice of Vermont and Maine are at onoe the
battle-cry, and the pasan of viotory.
Thb Ufbibico in Italy. Close upon the
Spanish revolution comes an insurrection in
Italy. The reports conoerning it are exceed
ingly meagre and contradictory. On one side
it is asseited that the insurgents aim at the
overthrow of King Viotor Emanuel and the
realization of Garibaldi's dream of an Italian
republio; while on the other it is olaimed that
the ex-King of Naples is at the bottom of the
movement, using the tallamanlo ory of a
republio as a cloak to his attempt to recon
struct the Kingdom of the Two Sicilies, is
to be a repetition of 1813 f
OLD EYE WHISKIES.
.it
TRADE1 CIRCULAR
or
HENRY S. KANNIS & ;t0.
PaiLADBLPHia, Sept 21, 18(58.
, Onr last Ciroular was that of July 25. The
new tax-bill had just become a law, and its I
provisions were but imperfectly understood.
Enough was known, however, to reassure the
trade that nothing but oontinual prosperity
could be anticipated. At that time we again
indulged in our accustomed, we might almost
say ohronio, prediction "that another extra
ordinary advance in bonded fine Whiskies
would take plaoe." For two or three weeks
after the issue of our Ciroular, large operations
were by no means general. The trade had
been in suspense and uncertainty, as to the
workings of the new law, too long to suddenly
take hold of large lines of goods with their
usual boldness. Besides, the mo3t unparalleled
daily advance in common Corn Whisky seemed
to absorb the attention of the trade to the ex
clusion of nearly every other interest. The
"heated term" was also at its height, oausing
a more general flight from business than, per
haps, was ever known before. Late in August,
with the advent of cooler weather, and most of
the absentees being again at their posts, a
marked ohange began to be perceived. . Fine
Pure Ilyc Whiskies that but a few months
before had been new were now improved by
nearly a full Summer's sun. The ever-reour-ring
demand prevailing at this season of the
year for Whiskies of fine qualities, having
one, two, three, and more Summers, had
fairly begun. Prioes at onoe qulokened.
Transactions dally became larger and larger.
It seemed that with each sale came an addi
tional advance. During the last two years we
have become so aocustomed to see these ad
vances, that we have almost ceased to look for
anything else. We must confess, however,
that as strong as has been our faith, we can
not be but surprised at the magnitude of the
operations that have taken plaoe and whioh
still continue.
The great bulk of the transactions that have
come within" our notice have been in Pare
Pjos of the most approved brands' ot 1867 and
of this year. Pnre Ryes of 1866 have been
going so rapidly into consumption, and have
become so reduced in stock, that no large lots
make their appearance on the market. We
nave to quote Iure Uyes of 1863 in bond as
follows: July, $1 30 to $1-65; June, $1-40 to
$1-75; May, $1-50 to $1-85; April, $1-60 to
12-00; March, February, and January, 9165 to
12-25. These aooording to lots, brands, and
whether in heated rooms, or otherwise, but all
at Distillery Warehouse, and of the produc
tions of Pennsylvania, Maryland, Virginia,
and Kentuoky. Productions of other States,
with one or two noted exceptions, have met
with little favor, and range in prioe from 25o.
to 75o. less, aooording to quality, looatiou,
age, etc We quote Pure Ryes of 1867, in
bond, of December, November, Ootober, and
September, fl-75 to 300; August, July,
June, May, and April, f 2-25 to $3-75; March,
February, and January, $2-50 to $4 00. These,
as usual, according to location, brand, age,
and length of time in heated warehouse, but
stored generally in class B warehouses in
Philadelphia. Pure Byes of 1866 in bond
vary from $2-75 to 14-75; while those of 1865
are nearly extinct. In thus giving these quo
tations, it is necessary to remark, that they
refer almost exclusively to Whiskies made
solely from Rye and Rye Malt, or from Rye
and Barley Malt. Whiskies purporting to be
fine, but distilled from mixtures of Rye and
Corn, have been constantly becoming less
prized, and transactions, with the exoeption of
one or more noted brands, have either been on
so small a soale, or at such low prioes, as to be
almost unworthy of notice. !
The magnitude of the traffic in Fine Rye
Whiskies is now such, that it has beoome all
important to every one Interested in the
article, not only to consider the present aspect
of the market, but to ' seek for all the light
that can be cast into the future. We propose
briefly to disouss the question In most of its
bearings. By reference to our Circulars pub
Holy issued sinoe early in January, 1866, It
will be seen that the past and present extra
ordinary high prioes are due to a few palpably
plain causes. Having gone over the ground
so repeatedly in this connection, we shall oon
tent ourselves with making a few extraots,
rather than to state over again the same facts,
with but a change of language. In our Cir
oular of Ootober 8, 1867, we Btated: "We have
repeatedly urged upon our customers, and the
trade In general, their consideration of the
faot of the almost utter extinction of Free Old
Rye Whiskies of great age, and the no less
growing soaroity of those in bond. As now
our predictions have beoome realities, and
onr opinions being shared by nearly every
one interested in the trade, it is no wonder that
prioes of all kinds of Fine Whiskies should
still oontlnue to advanoe. It must be ever
remembered in reasoning on this subjeot, and
the faot cannot too often be repeated, 'that
during all of 1865 and for the first three months
of 1866, not more than three or four thousand
barrels in all of really fine Kye Whiskies, fit
'o receive improvement by age, were manufactured
in all the United States.' During the war, Old
Whiskies, from high price of foreign spirits,
became the almost universal spirituous bever
age all ever the North, Bast, and West.
Prior to the war, Its use there, exoept in
Pennsylvania, was comparatively unknown.
In (he Bouth, Fine Old Rye Whisky had long
been extensively used and appreciated. ' In
faot, at the outbreak of the war, the stock in
the oountry was chiefly held for Southern
orders. After the war had oommenoed, and
for some time afterwards, buiiness was, para
lysed. During this period but little Whisky
of any kind was made, especially Bye Whisky.
Ere long, however, the Old Whiskies that had
been, held, as above stated, chiefly for South
ern markets, began Blowly to make their
way and to be oonsumed North. From Sep
tember, 1862, to January, 1865, during the
agitation of prospective increased rates of ex
cise, a vast amount of Whisky was manufac
tured, but as the Old Southern market was
lost, and the object of ' the manufacturers
beirjg to make quantity not quality, very little
good Rye Whisky was produced. During this
period Old Whiskies had, however, been
steadily growing in publio favor and into a
rapidly lnoreased consumption. When the
war ceased, the old Southern demand revived,
and as there was just about sufficient stook to
supply the growing Northern demand, the
result is, that all the Fine Whiskies made
prior to January, 1865, oertamly cannot ex
ceed over six or seven thousand barrels in all
the United States, and of which two-thirds are
held in Philadelphia alone. These Whiskies
are, of course, Free, and are not on the mar
ket for sale at any prioe in lots as they
are, but are held by a few fortunate dealers
for their regular trade. It would hardly seem
natural, from the faot of such a heavy con
sumption going on, especially after the wa"
had oeased, and Southern trade was restored,
that snoh a few thousand barrels of Fine
Whisky, as above reoorded, should only have
been manufactured during all of 1865 and
early part of 1866. This was induoed by a
very peculiar condition of affairs. On January
1st, 1865, the two dollar rate of tax went into
effect. The country was full of Common Bavr
Corn Whisky, mainly held by speculators
and the moneyed part of the trade, who had
bought far below the then cost of manufac
turing. The competition to realize beoame
snoh that, although it paid large profits to the
holders at prioes obtained, no one oould sell at
cost price of Whisky to be made under the new
rate of two dollars for months afterwards.
This caused the market to be so excessively
dull that Fine Whiskies sympathized in the
general movement. Distillers of Fine Whis
kies accordingly beoame dlsoouraged, 1 and
oeased to manufacture. In the spring
of 1866 a small portion of the trade
who bad worked their stocks off, seeking to
replace, found that old stock, snoh as they
had been carelessly frittering away, had either
ceased to exist, or had been quietly gathered
in by ' the very few who had watohed and
studied the course of the market. To buy
such old stock, and oontraot for New Whiskies
In Uu for tha nanincr inmmar'i heat, baoama
jmmtdiate matters of necessity. It was not
long before the moBt of our larger houses
began to realize the effects of their suicidally
false management. The consequence was a
scramble among the whole trade, to plaoe
themselves in proper stock. Distillers of Fine
Whiskies who had remained idle for fifteen
months or more, soon had their Works in full
running. Whiskies, of great age, advanced
largely and continually. Popular distillers
were enabled to make, and did make,
highly favorable contraots for future de
livery. By the fall of 1866, favorite brands
in bond of the spring, having but six
months' age, were sold at from 75 to 100 per
cent, advance, while those of two Summers
brought prices in same ratio corresponding to
their greater age." Again, in that of April
6th, 1868, we stated: "It requires no argument
now to convince the trade that the free old
stook of fine Whiskies, manufactured prior to
1865, is very insignificant. In faot, that all
the houses in the land combined, have no more
of such stock than any single house of first
class means and heavy oustom, to oondaot its
business properly, should have alone. .They are
aware that during all of 1865, and the early
part of 1866, the Distillers of Fine Rye
Whisky made but hundreds of barrels when
they should have make thousands. They are
also aware, owing to soaroity and high prioes
of older stock, that of 1866 and 18.67 Whis
kies, the consumption has been very great,
and that it is now beooming greater. Prior
to the war, the stook of Fine Rye Whiskies
was hardly sufficient to meet the Southern
demand. This is proven by its then ad
vancing prioe. Sinoe the olose of the war, we
have the North, with its vastly greater popu
lation, as well as the South, to supply. Plaoe
these faots together, and it will . be perfectly
apparent that the stook of 1867, 1866, 1865,
in bond, and the free older stook, is far below
what it ought to be for the trade te so hold as
to give requisite satisfaction to their custo
mers. We believe the consumption of
Fine Old Bye Whiskies to be four-fold
more than it was prior to the war.
During the war, production was muoh
diminished. Distillers turned their atten
tion to" J Common Corn Whisky, whioh
I aid quloker and better returns. The produo
lion of really fine Whisky, now, even under
late and present stimulus, Is barely up to the
consumptive demand. The regions produoihg
fine Whiskies are few, being oonfined to por.
tions only of Pennsylvania, Maryland, Vir.
ginia, and Kentucky. Daring the war these
States were overrun, or threatened to be over
run, by the armies of both sides. It was un.
f afo to hold stook for age. Considerable was
destroyed. Even, however, were present pro
duction in exoess of consumption, suoh exoess
oould only affeot that now being distilled. It
oonld not affect the older stook, as suoh stook
will about have passed away before that now
making oonld be fit for use Eren, in suoh
contingency, the Whloky uow making would
then bo , Whisky, possessing, of oourse,
muoh enhanoed value by its improvement of
one, two or three summers, as the oase
might be."
. Itoan thus be seen that the present nigh
range of priees Is entirely owing to an ln
sufficient supply of Fine Old Bye Whiskies,
commensurate with an Increasing demand.
", The law of "supply and demand" is too
well understood for us to expatiate muoh on
that subjeot, but as an apt and most perti
nent illustration, we may be permitted to
isBtanos the astonishing prioe that Common
Corn Whisky has recently attained. In the
city of Chicago, ordinary Corn Whisky,! that
in olden times oould be manufactured at 20o.,
and at the present moment at 45o. or 60c, is
selling at 90o. in bond, subjeot to a tax of 60o.
per gallon I I 1 There is no improvement by
age in this artiole, no matter how long it may
be kept, and the only reason therefore for so
extraordinary a prioe is, that owing to the
recent stoppage of the Distilleries there is
"more demand than supply." While noticing
the operations in Whiskies of one or more
Summers, we must not neglect to notioe ope
rations that will extend into the future. , We
understand one of our eminent Pennsylva
nia Distillers has contracted for his entire
product under the new law for twelve months
to oome. Others again have contracted
largely, while some hold their manufactures
at such prices, as fairly to induoe the belief
that they desire, to choke off the demand, so
that they may hold their stook for improve
ment by age themselves, instead of selling
their new product ahead to the trade, as they
of late have been aoonstomed to do. The bar
gains that have been consummated, have been
of so recent a date that we are unable to gene
rally ascertain prioes. We understand, how
ever, that while no Pure Byes, of known ex
cellence, have been contracted for under $1-10
in bond, at Distillery Warehouse and subjeot
to 50o. per gallon tax, some Distillers are
holding out for as high as $135, with every
prospeot of obtaining that figure.
It has beoome a most interesting subject
for the trade to oonsider how long the large
profits in holding stook will oontlnue to take
plaoe. It would be unwise in us to prediot
that prioes, to a certainty, will rise to as great
an extent hereafter, as they have of late
years. While we have been all along confident
that handsome profits would aoorue in all ju
dicious purchases of Fine Pare Rye Whiskies,
yet our estimates having fallen always short
of actual realizations, we see no reason why
another suoh carnival should not ensue. In
olden times the trade were satisfied to carry
Whisky, if they realized 15 or 20 per. oent.
per annum over coBt. Beoause, of late, they
have realized about as muoh profit in a month
as they formerly did in a year, they naturally
enough now begin to wonder how long suoh a
thing can last. There are many reasons for a
belief in continued high prioes. The trade
have faith, as Instanced by their operations
Three years ago, at the close of the war, for a
MM9D, Vby gmlly HV& 1olc from pur
chasing, to their great sorrow. The "Fine
Old Whisky question" is now better under,
stood than ever, and those who were timid
but a short time ago, are now among the
boldest. They understand the important axiom,
that, "Any well-made Fine Rye Whisky
purchased at a reasonable prioe will ALWAYS
pay, over all expenses, a better interest than
any other steady investment." Always work
ing on a surety, there can never be any loss.
The trade are strong in means, their accumu
lations having been heavy as well as rapid.
They feel, if the artiole does not bring the
prioe to-day it will more than do so perhaps
in a month. The trade is also constantly re
ceiving accessions from the Importers of
French Brandy and other Spirits. Many of
these Importers, understanding the oustom in
Cognac of holding Brandies for many years, at
but moderate profits, esteem it no bugbear to
invest largely in an artiole paying four-fold as
muoh profit as holding Brandies. If these Im
porters show only half as muoh enterprise in
encouraging the Fine Old Rye Whisky I busi
ness of this country, as they are wont to do in
importing Brandies, eto., the future of the
trade must be brilliant Indeed. j ' '
Again, there are no more Distillers of reilty
fine Bye Whiskies in the oountry than there
were years ago. The Distilleries that have
sprung up of late, were started solely to
manufacture Common Corn Whisky. By far
the moBt of these turned out but miserable
stuff, the proprietors generally oaring for
nothing but a spirit, no matter what the
quality. To make a Fine Bye Whisky requires
such water, together with experience, ' oare,
and peculiar knowledge on the part of the
Distiller, suoh as few establishments oau pro.
cure. ' While It is true some of the larger
Distilleries have enlarged their oapaoity,
many of the small ones have remained olosed,
and under the onerous oonditions of the new
law, many more will be compelled to olose.
Upon the whole, there is likely to be distilled
of really Fine Pars Rye Whiskies bat little,
if any more, than before the war. Since then,
the demand having so enormously lnoreased,
oreating almost a dearth in Whiskies
of fine character made prior to 1865
that it would seem to us there is
no more stook in the oountry than
should be rigidly stored away by the trade for
greater age. Many of the trade are now losing
oaste with their oustomers on aooount of their
stook of Whiskies not being of the same age as
they heretofore disposed of. We oould readily
name half a-dozen houses that should alone,
own for the proper management of their busf
ness every barrel of Fine Whisky owned in
Philadelphia. If we be oorreot in this asser
tion, how small roust be the stock In the
country compared with its actual require
ments f When our dealers shall have
gathered together suoh stock, both old and
new, as they really require to oonduot their
business properly and with suooesa, it will then
be time to look for prioes akin to these ef
olden times. . .
By referenoe to our New Trice List, it will
bo seen that our priees are now from Co. to
25o. per gallon higher. While at any time
daring the last sixty days, we would have
been justified In advancing prioes to the same,
or even a greater extent, we have refrained
from doing so until now. The great advanoe,
as above reoorded, in Pure Rye Whiskies of
age, at well as an advanoe of some 25o. In the
common Corn Whisky market, renders this
step on our part imperative. To preserve our
reputation, it is absolutely neoessary to keep
op uniformity of qualities. We adopted this
course at the outset of our career. ' It was
neoessary to inorease our stook as our trade
increased, and to do this required muoh faith
and nerve. Luokily we had both. . The oon
aequenoe is, that we now possess suoh a stook
of Pore Bye Whiskies, manufactured prior
to 1867, both in quality and. quantity,
such as nearly all the rest of the trad
combined cannot equal. Our entire oontrol
of one Distillery in Maryland sinoe Maroh,
1867, produoing 6000 barrels Pure Rye per
annum, together with the facility afforded us
by our most oomplete Distillery at.Martlns
burg, W. Va., produoing 7500 barrels per an
num more of Pure Rye, to Bay nothing of the
many most favorable oontraots we have for
years been making with the very pick of our
Pennsylvania and Virginia Distillers, render
position a most proud one, and more than all,
enable us to dispose of our Whiskies far
lower to our customers, than lies within the
power of any other house, for equal good
qualities. In conclusion, we are called upon
to remark, that snoh is still the advanoing
tendency of the various markets, all over tha
country, that we may be obliged very soon to
further revise our Prioe List
HENRY S. niMIS & C0.f
818 ana 220 S. Front Street, Philadelphia.
B9 Pearl Stmt, New lork. "
72 and H Broad sod 1 Custom Douse Sis., Bostea.
Distillery and Flonr Mills, Martmsbnrg, W. Ta.
1868 AUTUMN, 1858
EDWIN HALL & CO.,
NO. 23 SOUTH SECOND STREET,
OPE NED THIS DA T THEIR
AUTUMN STYLES
OF
LADIES' WALKING SUITS.
Ladles cau have their Dresses made to
order, at the shortest notioe aud la the
most Fashionable Style. ltip
THE FRENCH VELOCIPEDES.
' Wbat la this newt we bear from Francs, '
That makes our spirit within us aanoe r
A novel sort of velocipede,
To so st a terrible rsis of speed t .
Believe, ss you listen sbout it, I beg.
It goes by lbs power of tbs rider's leg.
. 'Twill so, by tbs power of tbs I. B G, ' ,
Borne fifteen miles sn hour, you sse. ,
Ferbsps, Indeed, ths time Is near
- Whsn they'll Introduce tbess vehicles htrs I
' And then oh ! wont It be Jolly fan,
To see the new-fss(lsd veloolpsdes run t
'. It's easy enoosh on ths rider's feet;
But you bavs tohs careful, to keep your seat.
For, when yon rids, you'rs obliged to straddle
. , Ths singular thing, without any saddle,
And when It wears out your pantaloons,
You on come to oar store and juit get neut ones
, . Warm, and strong, and tblok, and stout;
That wlU last awhile, srs yon wear them out.
.. Whether you corns on a veloelpsds, or on foot, or
In wbat manner soever you ohooss to oome, yon are
welcome to examine ths prodigious piles of autumnal
raiment now on our counters; and If yon find nothing
in all that multitude of Garments to suit yon, sll yon
bavs to do Is to step up oos saay flight of broad stairs
to our Ouitom Department, wbers it la our oustom to
givecomplets satisfaction to vary body that wants lb '
ROCKHILL & WILSON.
GREAT BROJf lIALL,
Nob. 603 and 605 CHESSBT STREET,
til P PHILADELPHIA.
SPECIAL NOTICES.
rjSF FLOWEK3 ARE THE SYMBOLS OP
S--' lovsin llievoluptuouiXaat."Tblr fragrance,"
ay I an Oriental post, "li sua allonl language of affeo
l on." If inla la eo, PHALOiU'tt new peifums. "
"EXOB DK MAYO," la the most appropriate of aU
ftrvseDts lor a lover to make to his lair lady, tor lis
ntenne and enduring odor might well express tha
depth anu permanence of his passion. Bold by all
druggists. x
1
POLITICAL.
HEADQUABTEBS
REPUBLICAN IN VINCI BLES,
ORDER Ma .
The Club will assemble
THOHBDA. Hpt.mber 24, 18t.
At 7 o'clock, . li., tharjt, for i aradn and to at end
the dims meeting in ths Twentieth ward, at Twelfth,
and Jetl'er. on atresia,
By order of .
BENJAMIN I TAYLOR,
Chief Marshal.
Ezs a Lpkbks, 1 a,,,,,,! ursnala. ,
shipping, a '
m OB HAVANA,
JJuki. til run.
WITH DK- j
a i cupper Barqus BillirrA, Wlnrotn. Matter.
la now loading for ths auova port, and will salt ou or
about Ootobi-r L
j'ur Freight or Passage apply to
WARKBN A OTtwad,
EeiHennber 22, im, j a
1
hi