J3L Ja-iLn 'A
J1L LJ A L AX
TPThT
jLL U 1,1-q
VOL. X-No. 135.
PHILADELPHIA, TUESDAY, DEOEMBEB 8, 1868.
DOUBLE SHEET THREE CENTS.
FIRST EDITION
THE BE VENUE.
The Annual Report or Commlwloi
Kolllna.
From the nntjal report of "e H', A
Rollins. Commissioner of Internal If
tultct ibe lo.lowlug paragraphs:-
H1GBIBT RECEIPTS AND BCXJCTIOSS.
Tbe largest receipts of Jot',.,,,,, reveune were
doling the Oscal year lrWl ( tasallon Ha l
earned it highest "'lu. Tue estlmte.s of
the redoc'.iotis slnc l))Bt porlo,i tortile froru
time 10 lime, with ',fcrenoe lo proponed leg Is
lkUnu. vere:
Annul .(
,...Hf) OI 000
... 40 HM)
ill 110,0 10
... 45.000.O0J
By statnte of juiT 13. mm
jiy statute Marco 2 1ku7 .,
By siaiu f Felirumy a IbOS,....
B stair,teof March 8i 1HI (
By ma .uteol July W,im J
Total I7(J(wouoj
'Cl e l"osiiuus lust named cpi kwhv luu
'Hi upon manufactures, mlQeral oils, and petro
leum, and the estimate la lihout reference to
tl,e nUuctlon of Ibe rates noon dm'Uletl spirits.
The Receipts lor Hie lat fisol vear wera irom
the statutes existing J uly 1, llKiT. modified by
the act of March 81, 1S08.
The statute of February relates to cotton, and
relieved ouly tbat grown after tue year 1607.
AOORKOATIC KKCEIPrd.
Tbe aggregate receipts from lnterual revenue,
loitlveol the direct tax upou lauas aod the
duty upon the circulation aud deposits of uu
. tmnaitiaiiss, were lor the year:-
JIM... a - a s '
1N.7....... . a,9)I7I
18(i 19l,l8),5ttl
Uuese amounts Include drawback, npou good
exported anu snras refunded as erroneously as
sessed and collected. , , .
Tbe a mount a of drawback and sums refunded
eres follows:- A)lWuntt fanUli,
icflA 71,Hil fiU.rtll
li7 1 Ml 631 70(1681
lliwC'... 1.87U 080 1,018,331
The increase of drawback in 1867 was due to
tbelncreastd exportation of cotiou goods aod
of epulis of turpentine and Ibe presentation ol
clalina tor taxea upon ai tides exported prior to
J one 80, 1864, which presentation was stipulated
by Ibe statute of limitations barring t0tr pay.
went uuless presented befure Ootouer, 18H8.
In many districts railroads were taxed upon
tbelr t.ns receipts from freight, lonn alter tbe
repeal of tbe law iuiponlog i-uou tax, an l tbe
amount tis been refunded, as has been also toe
turn of $b2 850, legally assessed, In Ibe opinion
c 1 tbe Attorney Gmeral, upon cotton groru oa
tbe Indian reservations.
KKCEll'TB FROM SEVERAL SOCKCES.
Banks, Irxitt Compunie, and SMlnys Institutions,
13GU. 1807. 1884.
tjIvb and additions
oYnrilus ti 180 02S 3.771 975 3.621771
Circulation IrtMWiM m 20 001
1 HeiH.lt8 - 2.1W0OS5 1.3-" 30. 1,4:18.612
Capital 871 07 1 470.807 809.002
To 1 wm ?l " tlA$& to,.brl4 war.hon
nnfip- anilt ontoi waranouse ander trans
..in bonds at tr beglnbln of tbe Osoal
' )V07 and of 868 wm at e.cb date con
rMtrably In excess of 8.000 000 gallons. Toere
Xrasrone at ttie oommenoement of 18A8 Tn
quantity exported In oond In 1867 was 4 651,816
vHllons aad In 1808 4.124.188 gallons. Tbe nam
ber f gallons removed to "Class 3 warehouses"
In 1807 for tbe manufacture of cosmetics, me it.
clots, cordials, etc, for exportation, wan 812,727;
wblie In 1808, allowed by law during only a
portion of tbe time, it was 98 213 gallons.
XXl'EhSKS OF COLLECTING THE REVENCB.
Tbe major part of tbe o .st of assessing and
cnlitctlt g tbe revence la tbe compensation of
local rifllcers. Including ai-Rlslanl asseNSors and
mFMtoiB' clerks, who are paid a fixed and
definite sum per day or year, regardless of the
miiount accruing lo tbe Treasury through their
bc vices.
Until ibo statute of March, 18"8, and thecloie
of the last Ducal year. It w is fouud neoem iry ti
le Bin In moat of tbe collection dls rlo s the full
nnniber of subordinate officers, and Ibe effect of
ite reduction since that time will nor, appear
nntli the next annunl report of 1 bis oIUch.
hiptnse' of Atnesing ami OvllettUng I-Uernil
jex-enue for the fiscal i'vurs IJ'iUing June 60,
lfctitf, 1867, and im.
1866. 1807. 1808.
Ai-of fpnr and Astlst-
snt AMSors 94 Wt.m 4 811.665 5 1SI 170
ColJeclffru 2.1H1 710 2.45S t.')0 2,202 ill
Snp'iS of Kiports n 1 rt 711 15 f H 20,)
lleitnue AgenlB ar855 45 511 01 2 0
Special Ap-nts 17 '2tf HS HI2 hi Oil)
hetuue lnitotois... 12 Mr, 8 189271 371518
KpfClt.1 Rev, lim 22 OHO 1 223
OtMceisand Cleras 277.072 29U.709 310.789
Hi u tups and ootloa
Ibkk 177 089 1R0 2U 181.S65
iDddtnuil expends... 40003 87 909 71 811
Com. cn sale of stamps 786 6.M 855 536 8o5,n3j
Total 17,089 700 8.92,080 9 3i9, Jill
Tbe receipts of Internal revenue for the lUcd
years 1806. 1807, and 1868, respectively, an1 the
ratio thereto ol tbe expenses duilng the same
periods, were as follows:
lor. Qro Oolleetiom. Itcundcl.
1807.
186S.
Jiatl' onas.
1K00
Dlvs. and prrflls 2 2o6,8041 , 2fi2 f 3,0lo 171
IniereMon bonds... 1.251 Uioj I 2o9 I5i
Uiusb receipts 7,6i4 448 4.128,255 3,131,3-17
Jiuurancc Companies
1800. 1807. 1803.
lUvs. nnd additions
tofcurpla $707,231 603.473 603,489
Pre ml a in s and as-
fcements 1,169.722 1 320,014 1,288.715
Grots Jleceif Is of 2'tlegroph Companies.
Jfjfifl 301437
1C07 2I9.5HJ
J8b8.. 211,099
(Jruts Keceipis oj express K,ompamcs
J80fl - SOU 769
lKn7 6tiS,.1U
180b.MM.,.. ....w,. . 071,919
Revenue Stamps,
J8C6 815 01 1,373
J8tl7 - 10 09 1 718
IM 14,852.212
In 1807 $t,9-7,li7 and lu 18Ud 2 020,82:1 were re
ceive from ine sale 'if one rent sih-iidh
Tue Bum of S3 211 247 In 1807 and of S3 51)177 In
1808 was received for stamps from speuui dies
. lor matches, perfumery, cosmetics, medicines,
and other proprietary articles.
Legacies and buccessions,
mil 81.10S7fi5
1867 1 801.129
. 1808.. - 2,813,751
Income.
JSfiB - J81.89l.ni
Jkl.7 67,010.011)
1S08 82.027,010
The number of persougasKewd for an luoome
tax on the annual list of 1800. before the lu
created eitmpMon, was 400.17a In ls07 tue
number was 259 385, aud In 1808 In 222 distrlois,
it'-ta wl.lch reports have boon received, the
toon. ber was 222 775. In the 18 missing Uialrlcis
the number lu 1807 was 20,918
Articles in Schedule A.
8ffl - 11692 791
18i 7 2 110 415
1,131,105
Special Taxes.
JFC6. fl8015.743
JK07 - 18,10.1.015
18b8 15,900 313
The comparative receipts from several sources
dmlng ib Inst tr.iee years are preseuied lu the
folio winn table:
' 18P6. 18G7. 1861.
Anotbecarles $43,712 $i5 417 $58 877
Auctioneers.: 00.724 98U84 07,418
Bankers- 1,202,610 1,433 715 1,490 381
Brewers 10j.4i2 23H .155 270 2i5
Broaers 07d.iJ00 6H8t')4 f14 4l7
Halm agents 70.817 81 027 61 119
Dealeifl, retail 1 919.017 2,047 800 2.103,032
Bo., wholesale 5 428 344 S.880 281 1 5I 387
Bo., retail liquor 2 807.2;5 a.H'W 683 8,2t2wi5
Bo., wholesale liquor. 801 Ml 032 131 691.015
Bistlllers, coal oil...- 17.850 21 89 19.029
Ho. Bi'tril- liquors.... 81,195 174 415 121 808
J)n apples, grapes V0 2:!0 67.832 7 4.188
HotelH 580 021 6fi 650 6W.791
lumrHUoe sgentn 101803 148 017 152 143
lawyers 201,830 8"7 0H 3S3 010
Macola' lurers .1043 030 1,3)0 487 1,417.083
Beilditrs 679018 70S 113 721210
PhysKlans and Ifurg... 425 590 649 80S 680 508
KectlCers 01,300 80 470 87,770
The act ot July, lfiS, will very largely In
crease tbe reeelpU from 1 ectlllerd and diailllers.
(Xtton.
IFflfl... $18.409 651
107 23 709 O il
1808.,
22,500,917
Viuurs. ViHurettKS. and Vtieroots.
18ffl J3.4B7.230
Hi7 a 3 071 OS I
1808.. 2.9il,67a
Chewing and Smoking U'uOacco.
166.... 12&39 921
1 1,7 15 21i.477
1808 11 917.107
'J he proULCl brought to ciiMrue in 1808 ws
Sr748 3rl pounds; In 1807, 45,035,581 pounJo; lu
1S-08, 44.91)0 8s0 pounds.
Tue reduciion of the consumption of tobacco
during the past year is compeuNtited by its In
creaked use in tbe manufioiure f cigars con
bequerit upon their reduced taxation.
The amount etored In bonded wmehouse on
the first tlav of July, 116. whs 4 123 031 pounds;
1807, 7.025O01 pobudh; 108, 8 2S0.2 3 pounds.
'1 he Hinoutil exported lo bond during 18J7 was
11,076,508 pounds; 1808. 11 902,070 pounds.
fermented Liquors.
lRf!6 $5115119
ia7 . 6 81.1,315
188 5 .0S.j 003
The tax of H per oairel lias been Uuliurm
during the year.
fuCUlcd Spirits and Brandy.
Jjittil ed Sj'ii tls. Branrty.
8ffl 29,l9Si78 $2M3 4!lil
JMi7 2HV(l2iil WIS, 145
IW 13,119,01)2 871 8 IS
'i be tailing lt' ol reoelpls lu 10S reullwd in
Feme degree lioin tbe geueral expeolutlon that
the tax would be reduned and the couseueut
niiwiillngness towiihdiaw spirits from bond
at a higher rate, bur, untlaly fmin the frauds
which uittilemch reduollon IndNpenNabtv ne
cttsary. In mylastaunual report I dlsonswed
at fco great length tbe nature aud exteut of
tbse (rands, and mat. Ion, after so long and so
csielnl at'enllon to the subject, that It is unne
cessary for me further to Oihcu-s inern. I'hHir
remedy lies In the Improved cliaraoer of the
revenue and judlolal otllot rs rattier thau lu the
Increased strinKency of the law or approved
regulations aud requlromouta of tbe Uepart-
J8ti6..
1MV7.,
1808.,
$310 900 981
205 020 474
191.lbO.004
JVcf CoU
Years, lections.
)Mi6... $31,0.6113 273
1M,7... i03.H49 26l
18b8... 188,782 249
k5U 811
7i6 68l
1,018,331
Per t.ent
Oross Vol
lectwm.
$2 17
338
4 88
Drawback.
$79S 808
1 803 1131
1.379.970
Percent.
Vet Oil
lectimn. $2 49
341
4 91
Expenses.
7.t9 700
8 9V2 0h5
9 82r,301
PROBABLE KkCEIPTS FOR THE PRESENT FISCAL
TfKAR.
It bas always been uitlicnlt to make any ao
curate esllmate of the leceipls for tue future
liom Internal tax" Hon. Tbe frequent moiitl
cations of Ibe laws themselves, tue varying
condition of the different manuUoturlng inte
rests, the Bblftlr g values consequent npou
paper currency, together with other disturbing
elements, bave maierlHliy afl'ected the wortuot
dkta collected at this oiHce, from wnlob. o'her
wUe Hie receipts lor any flsoal yenr could be
loiesbadowed with couIderaoie accuracy.
The reduction of the fcouiecsof reveuuebas
Dow, lion ever, somewhat diminished these
tmbarraKsmenis, and the collections for the
cut rent year can be calculated witn reasonable
lertalnty.
TLe following tabular otatement presents
tbe Bgiegaieoi ceriitlcates of deposit by ool
lectors ncelvtd at ibis office during July,
AuiUht. Henrember, and Uctxbar, tor the Us Jul
yeais 1807, 1803, ana letni, respectively:
1S07.
July $27 079,103
AUithBl 38 043 310
September... 88 7)4,718
October 20.414,430
188
$21731658
17 81S051
13.1816116
1 1.480 030
1S07.
1819.
$10 939.019
13 !)00 1S5
9 700.790
10,092333
Inure was
Of tbe amount collected In
fit, 111 lu cn in . 43,403,055; In 18C3, $17,733,711: and
in 1 kl.il a 'AUr. KIT
COMPROMISES.
Tbe power ot compromise has been exercised
wlib gi eat care, aud ouly upon the recommen
dation if ibe local levenue office! 8 or disonot
aiicriieys aud the appioval of the Seoremry of
IbeTrearury. No alleged violation oy du ll,
lets lias been compromised except upou the
opinion of the Uovernmeut attorney taut the
1 llmt-e was technical, or could not be proved to
the Jury.
'1 be number of cases compromised during tbe
year was 630.
Fiona mete tbere were received a: lax...$4lO.OI3
Assessed penalties, fixed by law 142,003
lu litu of hues, penalties, and forieitures 692,027
Total 8l.151.u27
DIBTILLH.D SPIRITS OPERATIONS 1'HK NKVV
LAW.
The remodelling of dUtillerles to conform to
tbe law aud tbe regulations and the ereotlou
01 distillery warehouses have been lue occasion
of great expense aud delay lo ibetr proprietors,
while the survey ol distilleries, ihe procurement
and dUtiibuilou of stamps, the preparation of
forms and regulations, and the greatly lu
iTtustd correspondence consequent upou tue
Inauguration of the new la, uas imposed an
Immense laoor upon ibis ollico and upon the
local officers of the distriois where Uis-lllones
nie fcllualed.
Tbe number or distilleries registered and
thus far reported to this odlne, Including those
not intended tor preseut use and those for dis
tillation ot Iruli, is lt90.
'Ibe plans of 810 oisiiUerlen, otber than of
fruit, bave been reoelvei and died, as In accord
ance w lib the law and regulations, aud otnurs
bave been returned lor correction.
BisiiUery warehouses have been established
to the number of 450.
From the reports of tbe storekeepers it ap
pears thai 204 distilleries are In operation, with
an aggregate daily producing capacity of 227,751
gallons.
Tbe number of class B warehouses existing
on ibe 1st day of July last was 779. Their num
ber was gradually aud rapidly reduce-! uniil the
1st instant, when the;nuiuber was 172, contain
ing manufactured tobacco and most of the
spirits distilled prior to tbe aot of July 20 aud
fcllll In warehouse.
The statute now In operation contains many
lmpiovercenls upon that of 1800, is fuller aud
more aennite in 11 a exactions, puces ma distil
leries and their operations more completely lu
tbe bauds of tbe Government, aud is more
rigorous In lis punishment of otfonriers, but its
kncceshful operation, after all, must depsnd
upou the vigilance and fidelity of the I004I
(Ulcers. The corruption of storekeepers,
gaugers, and assistant assessors, even wneu
asstssors aud oolleotors are above susptolon,
will always open sources of ruin to honest tax
payers and loss to ibe treasury, which neither
tire widest legislation nor the ino-it stringent
1 emulations of ine department can close.
Blnce the date ol the present s a ute, how
ever, tbere bus been a large re iu -lion in the
1111 n, ber of illicit stills lu most parts ot the
country. Those property reKistured and autho
rized liuve paid, it Is believed, a greater propor
tion of their liability than uudor the previous
law, and tbe receipts have been in maraed aud
favorable contrast to those of the correspond
ing time last year.
Till OFFICE OF COMMISSIONER SEPARATE DE
PARTMENT. Tbe bill reported by the Committee of Wavs
aiiu Means at the last si sslou of Congress pro
posed to create tbls ollloo Into a Bparate de
partment, with a Commlssiouer at Us heal,
instead of continnlnn U, hh li h is blinerio been,
a bureau of the treasury Department.
My experience long ago convinced mo that
such a ebiioue wouid be produoilve of great
benefit to the service; bnt the suoje jt ciuld bo
readily be mude to aosuino porsonal and parti
san aspects tbat I bave bit berio retrained from
Us advocacy. Judalng from the past, ine ps
Bge of no general revenue law can beexpjuied
until near the close of Hie approaching season;
aud as the change, if uiudo, will thus coincide
wltb tbe incoming of a new admlulsirarlon,
ibe question cau now be considered solely in
the light or its administrative merits
Tbe erection of ibis otllte Into a separate do
part ment would conduoe 10 a more vigorous
and lb roue 11 enforcement of the law In the llrst.
plHoe, by Ki'eatly simplifying tbe work lu tue
olMce of the Commissioner, .
Ho vast is the volume of business fliwlng
throuali the Treasury Department that, it is
niauiiestly lmpossinie for thegeorerary lomake
himself familiar with all its details; aud the
(.sine may be said of thn Uommlxsiouer aud the
business ot bis office. Kxpei leuced ullloers un l
clerk s, lu this bureau, devoting their entire al
ien' Ion tospeclul portions of tue law, are neoes
sailly better informed than others can bit ot
It elr particular requirements, and the peculiar
ror.ditioris ol business or trade to which they
uie applicable.
When the Commissioner has to determine
upon proter regulations to be eaubllsued, or
orders to be lsnued, he does so after fall com sat
tallon wlta those of bis subordinates who ar
most lamlUar wit h tbe subject matter la all Us
connections. Ills own lacK ot acquaintance
with details Is thus corrected, and a safe anil
prudem conclusion is probably reached. Any
charges roado In tbelr subsequent revision by
tbe Btcretary are likely to be produoilve of In
jury tatber than advantage, for 11 is prat 10 illy
impossible for those here employed to confer as
freely wltb Ibe (Secretary as they d with the
Commissioner; and In suon revisions the benefit
of ineir experience Is In a la rue measure lost.
Under the prenent relations of the two oltlcos,
so many questions pass Irom one lo trie otuer
that tbe eecretary is c rnstani ly cots pelted l
adopt tbe opinions of his own immediate sub
ordinates, Irmiend of forming a personal Jiidg
ment of bis own. aud thus the carefully reacnel
con elusions of the (Vim mlsMoner may be over
ruled by oierks without legal and publlorespon
sibUliy.
Tber-eparatlon wonld prevent the neneuMty
for tbe Joint action of the two oltloers. wliiou is
often attended with considerable delay; even
when promnttiPKH Is an indispensable element
ol success. It would locale respouHiniltiy wnloli
is iiow divided, and clothe trie Coiumnslouor
wlrb niore than a seemlogaulhorlty.
Taebemflls of tne proposed change would
arise especially, however, from lis tendering
more direct and single the responsibility of tne
local ofllcers. One applies to the rteoiewiry fur
Insmiciious, while auotber, osilno to aot. nor
ha 1 a. In 1 he same case, lakes direct ion from the
Commissioner. Those Indued to disreg trd nts
oliectlcns find a plausible pretext lu lima
assumed difference of oplulon between him
and tbe (Secretary, Those who are striving for
the same end find themselves working atdoss
pur pises, while the consequent con'uslou en
entireties the wrong-doer aud dlsueArieus the
upr'ght.
Objection has been made to tne proposed
separation on tbe ground tbat the customs
leMnuebns been suecessfnlly managed with
out It; bnt it should be borne in mind that the
entire responsibility of tbe execution of the
customs laws Is vested In the Hecretary ot the
Treasury, Ibe Commissioner of Custom under
Ibe law soring only as an accounting ornonr, or
discharging such functions as may be devolved
uru blin by tbe Hecretary.
Tbe laws relating to Internal dalles and cus
toms are framed in many particulars with
reference to each otber. Tne otlioial regulations
order tbem, especially those ooverlmi the
storage and movement of bonded properly, are
oftentimes not dissimilar.
Tbe Treasury Bepmraent within a reoent
period bas been enlarged, not aloue as other
executive departments bave been, by the im
mense Increase of Its former varieties of busi
ness, but by tbe addition of several bureaus,
either of which, a few years ago, would have
been regarded as sufficient for an lndHoendeul
department. It la too large now, and lis Inte
rests are too complex and diveislfled for the
tupervislon of a single officer.
1 believe thn publlo Interest would be best
rubserved by tbe creation of a new department,
wbtch shr uld embrace the collection of all the
rational revenues except those derived from
the ua.e of the public lands.
THE TREASURY.
A nn mil Report of Secretary McCulIocli.
Irom the annual report of Secretary McCul
locb.of the Uulted btutes Treasury, to be'suo
muted to Congress lo-morrow, we clip tne fol
lowing paragraphs:
If there lsanv question In finance or pilltlcat
economy which can be pronounced settled by
argument aud trial, it is that Inconvertible and
depiecleled paper money is injurious to punllu
and pilvate interests, a positive poiitloul and
financial evil, for which there can be but oue
justification or excuse, lo wit: a temporary ne
cessity, uiislUK from an unexpeoied and press
Irig emergency, and it follows, consequently,
that such a circulation should only tie tuierated
until, without a financial shock, it cau be with
di awn or made convertible iulo specie.
If an Irredeemable bauk note circulation Is
an evidence of banKrupl or badly managed
t aDklng Institutions, which sbould bedeprived
of theeir franchises or compelled tonusband
and make available their resources. In order
thai that they may be prepared at the earliest
dsy practicable to take up their dlsuonored ob
ligations, wby should not not, ao Irredeemable
Government currency be regarded as an evi
dence of bad tnauaitemeut of the national
n ranees, if not national bantcrupto 7 Aud
w by sbould not such, wise and equal revenue
laws be ensoted, and suon economy in the use
of the publlo moneys be effected as will enable
tbe Government either Judiciously to fund or
promptly le redeem Its hioken promises?
Tbe Secretary still adheres lo tne opinion so
frtquentiy expressed by blm that a reduction
of ine paper circulation of the country until it
appreciated to the specie standard, was the trus
solution 01 our financial problem, flat as this
policy was emphatically condemued by Con
gress, and It 18 now too late to return to It, he
lecom minds the follow inn measures as tbe next
best calculated to effect the desired result:
Agreements lor the payments of cola seem to
be Ibe i nly ones not contrary to good morals,
the per'orroance of which cannot be eu forced
in tbe Courts. Coin contracts executed before
the passage of the legal tender acts, as well as
those executed Blnce, aje salh.tl d in all tbe
(stales except in Caliiornlt by tbe payment of
tbe amounts called for la depreciated notes.
If It be admitted tbat toe condition of tbe
ronniry during tbe war and for a time af er lis
dose created a necessity for laws and decisions
making promissory notes, fluctuating in value
according to the rt suits of battles and of spe m
li.tive combinations, tbe mrdiuiu in wutou
connects sbould be discharged, mis neoessity
no longer exists. Htc ps should now be taken
10 give stability to business ana security to
enterprise, and to tbls end speuiUo contracts to
be execnted In coin should atouoe be 1 galiz-id.
Perhaps no law could be passed whlon would
be productive of butter results wltu so little
private or public inoonvenlenoe.
Such a law would simply enable the oltlzm
to do what the Qovernrnent Is doing in its
receipts for customs, and In the payment of lis
bonded debt It would merely authorize ine
enforcement of contracts voluntarily entered
into according to their letter. Tne ett-ot of
such a law would be to check the omll iwof
specie to otber cou 11 tiles by creating a necessity
for tbe use of il at home, to eucoursge enter
prises extending into ibe future by removing
ail uncertainty lu regard to their value, and
show bow groundless is the apprehension so
generally existing that a withdrawal ot depre
ciated notes on the appreciation of luoe notes
to par would prouuee a scat city of money by
proving that speclw expelled fiom tbe country
by an inferior circulating medium will return
sgain when it is made a b isIh of contracts and
is needed iu tbelr performance.
BusIuckb Is now necessarily speculative, be
cause tbe basis is untrustworthy. Currency,
by reason of Its uncertain fu ure value, alt hough
usually plantlful in ibe cities aud readily on
lalueu there at low rates, on short time, with
ample, collaterals, is comparatively scarce and
dear in tbe agricultural o 1st riots, where lougnr
loans on commercial paper are required,
l'rudent men hesitate both to lend or to borrow
lor any considerable period, by reason of their
inability to determine the value of tbe medium
lu w hub the loaus ure to be paid wltu currency
now worth seventy cents on the dollar, and
which within six mouths may ad vanoe to eighty
or decline to slxt v.
Is it strange that, tbe flow is to the htvslness
centres, where it can be loaned "on call " leav
ing tbe Interior without proper supplies at
reasonable rates for moving tbe crraps, and con
ducting other liglilniste business? Is 11 strange
that iu Midi an unsettled condltlou of the cur
itncy gambling is solve, while enterprise
balls, tiude stagnates, aud distrust and appre
hension exist In regard to the future. It is not
supposed that such a measure as Is reoorn
mended will cure Ibe financial evils whlon
Millet tbe country, but It will be a decided
movement In the right direction, and the Sec
tetary liidulEea tbe hope that It will receive
the early and favorable consideration ot Con
gress Tbe receipts for customs for tbe last three
years bsve ben as fol nw:-Kor the tloul year
ending June SO, 160, $179,010 05168; for the fiscal
ear ending J tine 30, l-07, $170 417,810 88; for tne
fiscal year ending Juue 30, 1803 $101413 599 56
While it appears from these tiuures that cus
toms receipts since Ibe commencement of the
fUcal year 1805 bave been in a revenue point of
view entirely satisfactory, Ihe question arises
what 00 these lame, receipts under a hlsb tariff
Indicate iu regard to our lorelgu trade and our
financial relations with loreltfu nations? I1 Is
impossible to ascertain with precision tbe
amount i f our a curli les held In Kurope.
In addition, then, to the sloclcs rsferrni to
Rtid the Individual Indebtedness of tbe purlieu
lur sini'iinl of wblcb 110 accuru'e eilm,i!e on
be made, Kurope holds uol lens than $8o0,0iK) 000
if American securities, on nearly all of wulou
JBlit, and on the greater part of wh'cU. late-
reot In gold. Is being paid. Nor nnder tbo pre
sent levenue systems, and with a depr-cUtot
psper currency, is the Increase of onr forelgu
aebl likely to be stayed. Wit 1 wide aod abund
ant harvests aDd a surplus of agricultural pro
duels of all descriptions, United Htates bouds
i still creating lo no small extent the ex
change with which oar foreign balances are
being artjasted. We are now lncretug onr
debt In Kutops at the rate of $00,000 000 or $70.
000.000 per annum, in tbe shape of gold-bearing
bonds. The gold and sliver prod no's if
California and tbe Territories since 1SI8
bave been upwards uf $1,3 0,000,001. Al
lowing tbat $100,0 0,003 bave been used
lu mannlactnrlng. and in,t the coin In t ie
rouolty bas increased lo an equtil amount, the
balsnre of tbls Immense sum, 1, 100. 000,000, has
peine to otbir countries for their product! rus.
Within a period of twenty year. In addition to
onr agricultural produce, ami to our nssnatso
lures, which have heeu exported In largs quan
tities, we have paned with il 100,i 00 00 1 of tue
I reclons metals.snd aret-evertnH, sxcoufr tnied
wltb a lorelgu debt ot some 1850 090.000, whttn Is
stcHdlly Ineiesslng. and all this bas occurred
under tariffs In a good degree framed with tbe
view of priiln tlDg American agalust rotelgn
ininnisrluiers. but tbls is not all. Burlug
tberereut war most of our ves Is engaKOt lu
It e foielgn trade were miner destroy el uy Ittoil
cruisers or transfer! (d 10 foreigners, our ex
ports as well as our Imports are now chleUy in
fi r)gn bot oiu s.
There are uisny Intelligent persona who en
tfttam ti e opinion that the country bas been
leiieflied by theirsusfen f our bonds 10 Ea ope,
on the grtiUud tbat capital has been rt oelvetl In
exebarge for tbem wblcb has been profitably
tin ployed In the development of our national
r souk is, and thai It matters little whetner tue
Iniemt upou the deot is receive ! by onr own
people or oy ibe people of other coo 11 nr les This
opinion Is the result of mlappreUeusloa of
facts, and Is nusouud in principle.
A nation thai owes heavily must have Its own
people fur ctedlli rs. If it does not tbe debt
will be a dead welgnt noon its industry, and
will be quite likely to force It eventually la'o
bsnkruptcy. Tbe United States are not only
sble lo pay tbe IntertBt on tbelr debt, but to set
a sood example to otber nations by steadily
and rapidly reducing tbat debt. Wnatisnow
required, as bas been already attempted, are
meusnres wblcb will tend not only to prevent
further exportation of our bonis, aud la the
reeniarcourse t( trade to bring ba,ck to tbe
ciuniry those tbat bave been exporter, hut
wbich will also tend 10 restore these Important
lciensts ibatare now languishing as the result
of tbe wor and adverse legislation: the first and
most Important of ibise measures ate those
wblcb snail bring about without uunsoessary
delay the restoration of the specie siaudard.
Tie financial difficulties under wnlch tie
country Is laboring uia.v be traced directly to
tue issue aud coutinasuoe In circulation of
irredeemable promises as lawful inouey. A
sound currency is Ihe life-blood of a commer
cial nation ; It I bin Is debused, the whole cur
tent ot its commercial life must be disordered
aud irregular, ihestariltig point la reforma
tory legislation must be here. Our debased
cuirency must be retired, or raised to the par of
specie, or I'BiiHe to be lawful money, before snb
stantlal progress can be made with otber re
forms. Next in importance to the subject of the cur
rency Is that of tbe revenues. 'i'ax8 are lndb
peusable for the support of the Uovernmeut,
lor tbe maintenance of the puiaic credit, and
tbe payment ol the public debt. To tax heavily,
not only without Impovei Isiiin the people,
hut- without checking enterprise or puttlug
shackles upon Industry, requires the most
careful stndy not only if the res mroes of the
rouniry and its relations with other ca'lous,
but also of the character of the pe iple as atTsCied
by tbe nature of their Institutions.
Tbe following Is a statement of receipts from
initrnul revenue for the last three fiscal vears:
Kor the year eudlng Juue 30, 1800, 8 H 2.6.S13-I2;
lor the year ending June 30. 1807. $269 027 637 43;
for;ibe)earendlugJune30,1808 $191,087.589 41. It
thus appears that tbe luieroMl revenue receipts
lor the year ending Juue 31 1807. fdll below tue
receipts for tbe year ending Juue 30, 1800,
$43,100,275 99; and the receipts for the year
enuinK June 80, 1804. fell short of the reoelpu
for lb07 $71 0.19 9 IS 02. The receipts for tue
four first, months of the present tisoil year
were $18 730,818-33 It tbe receipts for those
months are aii index of those for the remain
ing eight, thn receipts lor the present nsoal
year will be $140109.01!. Tbls large reduo ion
of Internal revenue receipts Is attributable both
to intfllcleut coliictiMis and toareduotion of
taxes. It Is quite obvious that the receipts from
customs cannot bo maintained wl bout an
loci ease ot expotts or of ourf reign debt; if the
receipts from customs should be dlmlulsued,
even witba large reduction of tbe expenses of
the Government, onr Internal revenues must
titotssarlly be increased. The first thlug 10 oe
done is to Introduce economy Into all brauob.es
of the public service, not by reduced appropria
tions, to be made good by detli)leuuy utliH, but
by putting a stop to all uouecesstry dam tnds
upon tbe treasury. There is no department 01
IbeUovemroent which is conducted with proper
economy; ibe habits formed during the war are
Btili stroug, and will only yield to the require
ments of lnexoiable laws.
The accompanying report of the Commissioner
ot Internal Revenue gives the ueoessiry Infor
mation in regard to the bureau, and contains
many very Judicious rtcommeudiilons and
suggestions, wulcb are worthy the careful con
sideration of Congress. Tbe internal branea of
tue levenue service is tbe oue in wuloa the
people foel the deepest interest. Tbe customs
duties are collected at a few points, aud
all bough paid eventually by the consumers,
tbi'V aie felt only by the great mass of the
people in 1 be Increased cost of the artloles con
sumed. Not so with tbe internal taxes. Tnese
are collected in every part of the Union, and
tbelr burdens fall, to a large extent,
directly upon the tax-payers. Assessors,
collectors, inspectors, deteoiives, necessary In
struments in the collection of the revctues, are
found in every part of the country; there is no
village or rural district where their faoes are
rot seen, and where collections are not made.
The eyes of Ibe whole people are, therefore,
directed to tbls system, and it Is of the greatest
importance tbat its administration should be
such as to entitle It to puolio respeot. Unfortu
nately , snob is not the case; its demoralization
is admitted, and the question arises, wuere Is
tbe leinedj? Tbe Hecretary is of the opinion
that It is lo be found in such amendments to
the act as will iqunll.o tho burdens of tax
ation, and in elevation or the standard of
qualification for reveuue offices. Upon the
subject of Internal taxes the Secretary bas al
ready spoken iu reg ird to tbe character ol the
revenue t Ulcers; be bas only to say that there
must be a decided change for the better in tbls
lisped If the system la lo tie rescued from its
tieuioral.zed condition. After 0 ireful rcfldotlon
the Secretary bas come to the conclusion, timt
ibis chatke would follow the pans ige of tne bill
reported by Mr. Jenckes from the Joint Commit
tee on Koiieiioomt-ut aud Keform on tue 11 u of
Way lust, entulen: A bill m regula'e tbe civil
service and promote tbe efficiency thereof; tne
Secretary gives 10 this bill his hearty approval,
and refers 10 tbe speech wmch was made upon
lis introduction by the gentleman wUo re
ported 11 for an able and lucid exposltioa ot Its
provisions, and for a iriitiiiul aud graputo de
scription of tbe evils of Hie present system
of appointments to office. On tne 5'.u
day of ocober last, the day for
their regular quarterly reiinrta. the number of
nutlonal baoks was 1531 17 of which were iu
voluntary liquidation; ihelr cuolisl was $523,
131 511; their dlBconnts, $055 875 277 35; their elr
ciiiHtion, $295 031218; their deposits, $001,830,
278 '10. In no other country was ao lire a
capital tverlnvenU'd In banking under a stogie
system as Is now invested in the national
tun lis. Never before were the interests of a
ptople interwoven with a system of banking
as are the interests of the people of thn Untied
Sia'is with their national banking system. It
is nol strnpge, t herefore, that the condition and
management of ibe national banks should be to
them and lo their representatives a inatrer of
the Deepest concern. Tbat the national banking
sjstem is a perfect one Is not userlo,l by Us
fi lends; that Ulna very decided improvement
as fur as circulation is regarded upon the sys
tems which it fins superseded must be admitted
by lis opponents. Before It was estublisried
tbe several Slates, whether lu conformity wlta
the Constitution or not, Jointly with the Gene
ral Government durlnu tbe existence of the
charier t,f the United Stales Bank, arid solely
alterlbe expiration of that charter, exercised
t he po j er of issuing bills of oie llt In the form
of bank bills through lust I'm Ions of tbelr own
creiition, and tbusci ni rolled the p.ipar money,
and I liereny, lu no small degree, the business
ard commerce of the country In May, 1303.
On the 6 h riav of October last the loans or
discount of the bunks of the city of New York
smnnuied to $103,031,07 0 28; only D90 000.000 of
which consisted of commercial papc the
l.'aitun'v being chiefly made up of what are
k nown as loans of call, tbat is to say of loans of
collaterals suhjeot to be called In at the pleasure
of tbe banks. Merchants or manufacturers
cannot, of course, borrow on suoh terms, aud it
is understood tbat these loans are confined
mainly 10 persons dealing, or rather specu
lating In stocks or coin Tuis statement snows
to what extent tue ousmesa of tbe banks
in New York bad been diverted from 1 -ultimate
channels, and bow deeply Involve! the
banks bave bmwne in the nn terluln and da u
gerous sptculations ol tne s.iettt. The depo
sits of these Institutions on tne day
mentioned unmnn'nl o $226 615 655 80, and of
their assets $113,3S2 039 20 o ustsiet of certain
cash Items wuicu were In f 101 mainly cert tiled
cdetks which bad been passed lo tue oredlt to
dm o-ltnrs, aud constituted a part of the $220,
045,655 80 of deposits, although the banks al ways
deuuci. suon criecKs from their deposits la
making up 1 heir statement for tne pay meat of
iiileres, and tnetr estimates lor reserves. Ills
uu dt 1 si 000 10 le the piacilc-t ol a number of
the bunks perhaps tne prao'lirn exls's to a
lluiiUd extent lo ail to certify tue eneoks
of tbtlr customers lu advahoe of tue
deposits, ont of wblou tbey are expected
to be psld : in otuer words, to comfy
checks to be good under an agreement
between tbe banks nd the drawers
tbat the money to protect Iheins.iall tie depo
sited during the d,y, or at luist before tue
chicks wblih go through ihe clearing-house
can le prisented for payment. Tne HacreUry
has now learned w-lih greater surprise thila
numlerof banks aeuerally regarded as bmn
uuuer Judicious innaeiueul certify la a single
dxy the cnecks of stock anil gold brokers lo
many times 1 be amount of their capitals, wltu
no money anluaily on deoisil tor the priteo
lion of the cbpcas al the time of their oertltloa
lion. A more dangerous practice, or oue more
inci liMsleut wlih prudent uol lo sav honest
bsi'klng eaniiOl be conceived. It Is unautho
rized by the set, and should be proaibiied oy
severe renames.
FINANCE AND COMMERCE.
Gmcm of the i:vKNmo Tbleobap,'!
Tuesday, D o . DMA.
Money Is rather more ac lve, but thn rtea re
without any matf rial cbaogo. Call loaus rulo
HtC(ft7ppr cent, on approved col'steral Prune
commercial piipcr rai,a8 iron: 8310 per ceut.
per ar num. The Stock mark-1 c lutin iei ver
coll, but rnces are sieadj. Ujverument seoari
ties ere tlrmlj hi Id.
Kailroa-l shares were iracttve. Realloa sold
at 49j49 3MC0, a slight advance: Pennsyl
vania Bailroai at 643, no change; L'htgh
Valley t 65J, no cbansre: 123 was bid tor
Camden and Aroboy; 46 tor Lit: In Ho'iuvlKtll ;
C7i for orri.-own; 67 tor Mtohtll; 36 for
North Penu9lvauia; 3n tor Elmira co ai a; 42 J
tot fcla lra pret rred; 30 for Cutawls-aprelerrcd;
24 tor Philadelphia aid Krie; aal 43 lor Aorth
crn Central.
City P isspntrcr Rati war shsmB were fl-mly
held. Green aud Coatesbl,i at 33J, an advance
olf; Uestonvl.ln at 10, a il irit alrance;CO
vta bid lor West F'bilsrtclpoia; 29 for (.!raian
toti;17 tor Thirteenth and Hiteeiuh; 23 lor
Spruce aud Pine; aad 46 lor Cheeuut and
Wslnut.
bauk fbare? were in demand for Investment
at lull pr-ces, b it we hear ot no sale". 159 was
bid lor Philadelphia: 124 foi Karmers' a id Me
ctianion': 304 fo" Mechan ca'; ICG tor South varK;
67 lor Ptnn Township; 82 for Wes'eru ; 3D tor
MaDinacturero'; 72 ior City; aal 67jiorCorn
fcxcbaiiee.
In Canal KharfS ibere was noth'ns- d rnr. 2
was bid ior Hcbtnluill Navttratiou nrefiTren ; 23
Icr Lebteh flariuatton; 72 for Morris Canal
pre'erred; llj tor tsu-q lehanna Canal; and 33
for Wynm ng Va ley Canal.
Tbe Lehigh C al and NavieaMon Company
coupons, doe ou the 15th irjs'aut, on their sn'd
loan, will be paid in coin at their office, on aud
alter tbat date.
rUlLAVKLPUU STOCK EXCHANflK 8ALKS Ttl-MAf
Reported by De Uaveu A Bro.. No. 10 S. Tolrd street
JfiKsT B ia.'iii.
1IIXI D-aiS'lM-Cp
flit II I'M kH. I aer. IUSM
S, )CH to. rnew On.l 0
t'Uft d.N.c.r Isiiin
t.'OUO do. N.c.fc i.Isiu
t)'S00 f eh 8a, lilt I..... m
HKI Phil AM CAp Ss
7 sli llr A Coutes.... 3I.'
t so tiua V It Is. tit
Thib oioroiuif's fold quotations, reported
by Narr Lttdoer, No 30 South Third Street:
lP'OO A. M. . 13G 1 120 A. M. . 135J
10 45 . 135J12 20 P. M. . 135,1
1100 " . 135J1 12-15 , 1354
Messrs. Jay Ccoe & Co. quote Gevem
ment sfiuriiies, etc., as toliowsr U. 8. 6s of
11, 115i(clJ5: old 0-208, do., llU'ieillh new
6-2os,18G4,l074te'07i: do., 16S, 108J08J. : 5-'20s,
July. 1805, llOJfifiHOJ; do.. 18C7. 110j'c3110(; do.,
Ih68, Ilia lllj; lU-U.s, 105jlQ5j. Uold. 133J.
Stock liiotiitloiH by Xcleirrapk 1 P. Al,
GlinoinnliiF , Davis s Co. report through the'r
New York bouse the following.'
N.Y.Ceut. K I'lhy. West. Union Tel... 3H
:M V C.rl If. H :U ClaDU .1, . 1,11:1?
rn. and Ke.a. k. 8-;H t'oiedo&wab ,
Mtch.S.und N. 1. K..h7'i; Mil. & St. Paul R .
Cle.unilPltt.lt M5 Adams Kr press....
Chi. and N. W. eoiu.7MU vvells. Fargo & Co
Cnl. and N.W.pref...8l'JU H. Express
Cbl. and R. I. It 107WI 1'enn. s, new ,
I'ttia i. w.Aijni.K.iii4 uoin.
0 ah Penna R....c B'?
1 do 9l)-a
t) do is. bi'-i
18 'to.. ....ls 61',
6 sh Blading IW'i
llS) tO l'
1 0 do ......... '.;o. sa at
110 do bzoi9al
57 '4
6 Vj2
,.20,1
Of.
13i-'J
Pro. Mull S. (Jo 11. 1 Market Irregular.
Six Pkb Cknt. Gold Intbiikst, PaiNciPAi,
Aibo llhi'A vaiii.k in UobD. First mortgige
bonds, based upon the valuable franohlses,
prems, railroad, equipment, eic, of the Cen'xal
Piicillo lUllioad Company, now nearly com
pleted, and forming one ot the most assured
and productive lines of traffic in the world.
The way trsiUe aione la large and remunera
tive, independently cf the ltnmoubo through
business Bot n to follow.
Ap-rilonof ibis loan is offered to Investors
at 103 per cent, and accrued interest in cur
rency. The bonds bave somt-annual gold cou
pons attucbed, payable lu January aud July.
Information, etc., to be had of
Da Haven k Brothrk,
Dealers in Government Securities, Mold, etc.
No. SO South Third Hireei.
ruiluflclphiit Trade Report.
Tuesday, Dec. 8 The Flour Market is quiet
at yesterday's quotations. Tne demanl Is 00 a. -fluid
to the wants of the borne oonsumars, who
purchased 300100 barrels at $5 5035 75 for su par
Hue; $0i673 for extras; $7 2k4S '2 lor spring
wheat extra family; SO j. 10 75 for white wboit
do, do.; and $ll13 for fuuoy brunda, acoordlng
to quality. Hye Flour commands $750$S por
ba'iei. Nocuauue to no lee lu Corn Meat.
Tbere Is very little prime Wheat oornini for
ward, and this la ihe ouly description for whlon
tbere Is any inquiry, titles of red ut, il 853 05;
11 nd 800 bushels amber at $212. live eells at
$1 53(g)t 61 per bushel lor Western. Corn Is with
out, sperlnl change; sates of 4D00 bushels prime
diy new yellow at $1, and somo fuir at 9iu.; old
yellow la nominal at $l'20,4l 23. (J its move
slowly at former rates; sales of 2000 bushels
Western at 09,j72j. In ISarley and Malt uu na
pioveroeut lo notice.
W blsky is selling at $1 01l 00 per gallon, tax
paid.
Falk ok Stocks and Rbaii Etatb. At
noon to-duy the following stocks aod i-eal
istHte were sold by Messrs. ftl. Thomas AS jus,
al the Metchants' Kxcuauge:
1 si ere Mereutlie Llrar Cumnaiy 7 50
ftimi U r- t w Iwciules, 18fil, May aud JNuv. f ln7'i
Viv Cl'y sixes, old iisl4
lUehHres ar. and fieuu. Ntlunt nuk... fluuu
12 tliaiee O'oainiprrhtl Ma loual llsak tM ll
Si "Lain Huring UsrUeu lutitirauue Uuui If 00
!lo Kliaris Vuur.n Nkiluuat Hunk f ! 0 )Vl
iUslia es I'nusolirtutliiu f attuinil iiiuk....... IISOI
8 kliarss r-outbwiirk Natmiml Bus , $ 0 s 00
bsbartS t rile ti Bank of 'iPDUf-si-e I14.H7
B lisres Ad-niy of MuHic, wi'h llcHet ns uj
1 slia e felD Breesa Park liSoa
hrij fin. IS I'.iidi ll-e, , Park
lu sli'?! Phil, ami noutn. Mh Huaui. Cj.... i:ioi)
is si ares nea and iilaailo K K.. old..,. tiso,)
tuslisr-is llil'eilHiru MatniMcturlDR Oj t isiso
In I hares l'ucllto aud Ailautl'i '1'alegrapb Uo. ( 'u uo
li si, ares Sccnnii and 'I'blrd Sls. Pas. It Co. tlUOl)
1 WhU l lh,TH (Nurtli), Wo. 8 VI Oder u w
Ilwallh'K 5 5)
TKOTH (Nonli) No Hi Huil'u Keshlenoe, 7iuo
lliiK A Venue No ll- Modru ttesideooa, $15,00
t-K t) 1) Nnilb ol fsusilieh-l,li Avhiium.... iuj
HlVsHsCHUYl.ir'l.l.and Ml LL CKKKIC
Verv xaliiabln Wrarf and uarsa Lo ti?50
SHIPFKV. No. 6 8-r,-slory Dwuibug Ijitj,,
NieiHIH.K. Beaver-LnrKe Lot tiM
OFDi'Nl) ItHNTtS, Irredeemable auar,dl7
g X'.sr t'W&JlOO
SECOND EDITION
AFFAIRS AT THE CAPITAL,
A Successor to Commissioner Hol-liES-The
rrrsldent to Nomi
nate a Kepublican-The
Mail Carrying N v stem
Caucus of Senators.
Elr., r.tc, Etc, Etc., Etc., i:te.
FROM WASHINQT0N.
Special Despatch to The evening TelegrapY
Tbe Neunie NtanillnHT Voinmittce),
WAsniNOTON, Dec 8. -The Senate will pro'm
lily boll a short sr?ion to-day, an J after war 1
meet In canctiB for tbe purpose of reyisin? tb
etandinu com mi it, cs lor tbe pros nt session.
Since the Son'beru ?eta'ors came In uo rcvl
olob of tbe comtrUtees has b en made.
At the previous raucos of tbe 8euate, held
before tbe close of the last session, the question
ol making
A Chung In the O ftl res
of Sergcant-at-Arms and Chief Executive Clerk,
were postponed UDt.l Dueinbcr. It will there
lore come op at the met o to-day. It is not
anticipated that any chsuge will bo made at
present,
A resolution will be Introduced la a few days
calling upon the Postn-t' r-Jeueial to show
cause why he bas tailed to s jrn a contract wttb
the New Ycrk Steam Navigation Company for
Carrying; Hie Moils,
as provided by act ot Congress passed at the
last SCrbioP.
It is rumorol tbat Randall bai been subsi
dized Into the m'eret of tbe CunarJ and other
competiii? lines ot sttanneis.
It is understood tbat in a few days
'I lie freaitfeut
will send in the 8"uate the Eomina'.ion of a
Bipublicau to succeed
Comiiiissioiier ItoMln.
Tbe latter's rcsipnation takes effee', aceordlng
to bis owa letter, ai soon as his suojessor Is
couQrmed. As be is
A 11 x Inns to Leave
the office, It is probaole tbe Senate will confirm
tbe nomination of any decent Republican the
President may fend lu.
There is an impression tbat tbe name cf
Alexnniler 11 111 111 In k!
is still before the fcenite. This is not so.
Dtsiutch to the AssuetatrAt Press.
'J lie (Secretary ol' tiie treasury's Report.
Washington, Dec. 8. Scftary McOilioch
will send in his iiiort to Cnugiess to-day, and
has pivcu iDtrucnotiS to ibe Assistant Treasu
rers m t-e varioa ciliei to di.uriOJte it to tue
prtes.
The War Department
has received and dis'ribt'ed the circular from
bea iqiirt-rs ot th Kxecnttire Coimuit'.ed of the
Armies of tbe Oaaiberlaiin and Tetineesco, of
Dlno atd tTeorgia, iu retaMon to tbe meeting of
the sol'Jiers ol tbo Cumber land and 1'eunesee
at Cbicawo ou the lath acd ltj'b iust. Arrange
ments have breu p r'ectl b- Tvhich all nil
roaiis ccntnna; in Cbi.-ago will convoy tuo.i
atitLdiDfi, at, reduced rates.
from onio.
Fatal Railrooil Accident,
Toi.fpo, Deo. 8. A wiHid train ou the Cleve
land and Toledo Kallioail was thrown front tua
truclt yesterday, near Milbury matlou, and
John Mlland und Michael t.'onello were killed
and lour or five men aliahlly injured.
Itobbery nt Xnneavllle.
7.ANE8VII.MC, Ohio Dbo 8 The dry gn'xU
store ot Wlillm M. Black & Co. wat euierei
last night and $;00J worth ot h II Its auilun. Tills
la ihe second lime this store has been robbed of
blllib within a suort tune.
Markets bf Telegraph
KlW You.., Uec 8. Mucks exulted. ChtoaiiO
ana Kock Islaad, l'7' Keliu, us'i; vwat.m j.,
4b'.,; Krle, 87: UeveiQl sua I'uledo, Uleve
laiid and PiunburK. t5; ri.Moarg iid Fort Wyue,
llii: Mlcblfraa Julrt, 1I91,: Micliluau Snuihera,
tut; Maw V'ors Oeotrai, 10 : I liunid 0mrl. 114;
Cumberland prff.rrd 38; Virata, s, D7S,; Mis
souri 8. tD; Uu lsiiQ Klver. 17: -is. S2, 111,1-': do,
ism. 1U7 do. lstta, li; do. uew II IO-4ut HISS.
Oola.lHS V Monej , C(ni7p -r cent. Kiouanun, 10'1'i
JIaltimobk. Deo. . Oottua dail at Flour
dull. Wnmidu'l und ua bai irad. Corn dull and
lower; new while. d-CaHOc.; enole-. 9l(iiiio. Oats hrin
at 7-47 c. ltye dull anil Du-nioai. f,irk du.l at
-6 ((). Boou scarce; Kniatl .ales rib side-, 170 ; icler
do., 17. Mjuuldera Ho. 1 1 tan )So. Lard drm atlUc,
LATEST SUUTUSU mULLIUOt'E.
For additional Marine News see Inside Pages.
by TuntoatPH.
Niw Tobk. Deo. a Arrived sioouishtp Rising star,
from Aspiuwall.
PORT OF PHILADELPHIA, ....DECKMBKR 8.
STATS OJT THBBMIIMKTSK AT TBI KVBN1NO TKLB-
aiiAPs ornct,
A. M 40 11 A. M 42 P. M.....w 44
CLEARED THU MORNINO.
Bteamsnlp uiih Frtwruan. New Vor. John F. Oh!
Kcbr t-ailiway. Mps;iwe. B tnou L. Atnliwie4 Oo.
uey A U0elloit.nOUUU 0""'.
BOraiT,&'fjuVeriU''U' alen' ovUae, Blaktaton
Bear Charm, Baker, Providence, Ham melt de Nelll,
. , ARRIVKD 1 hTs MORfIIG.
Br. brig LiEsia l iui.p nwh, H4 days from ilarana.
B t A. B.l Vmi emou. Wllaia. tl days from Porto
( klie.lu, witb oofte, bifl.-a, tin . to Jonu Dallett Oo
Peuiiers-Mr. K AtiOlato, Mrs. F. Aboiaift , MiL N
Abliiate, iwochlluri-ii ., mm a.
Bcnr Ji sepa Long Perry. 14 days from Saeua. with
njoi.iisfn tu e. woirm Wm a fc J .
HcLr l'aluway, UeKiwee from Boston
s-clir K. Horn, n Burden from Foil Kivnr,
Bear J. W. Kvern aa, mite,,, (rou Lynu.
hetor K. V. B,,zsoiu. kioxhoiu 1 dy irom Lebanon,
tel.. witn gram to Jaa.es 8rrir.. '
Hieamer Hrniy fu 1 aw. nr 18 hours from Haiti
ore, with rniiHe. to A. Oruvea. Jr.
Steamer W. C I'lerreixvin, Shr,nstilro,a4 hours from
lSew York, with inOae. to W. u. UalrU & Co.
BKLO W.
. Br!K.J. B Klry. Barnard, irom Charl'stou for Ptif
ladelplila. with luujlmr anil nU mli.te rook. Is at
for a Btlatu'lug' ' le"'"UB btt11'i U1 te'rpued
ci?ir?d? n v'l "' "uu via rnlladel phis,
Cleared at New Yoik j etHrriy.
yeswoaV P a,uueile' hence, at New York
Boston VnCriiBt.' ,t"' ,or Philadelphia, cleared at
,ni,,'uTi.r"ver' Wever. and P. B0I09, Adams,
Beune at Salem 4to lust.
tschrK F. ( ahada, 8watn, for Philadelphia, was
loaning atRavahoab HI Inst.
sthr J. M.Lorlug, Coraou, bnce, at Norfolk 4th
Sour L Q O. Wlshart. Masou. at Wilmington, N 0.,
4th IubI. ,fri,(u Buxton.
ftcbis ArilHUarwonri. Godfrey: Oracflnller.8nilth;
aud t). Kleuaie Kluuaie, at Busioa ta lust , from
Georgetown. D. t).
Hchr Annie K. Glover, Wlnnts. frm New Ilarea for
PhUadeipbla at Nw York Mia Ins..
Bunts Amos ga kenhurg. Frrlll; J H. Bartlfltt Mil
ler: and JidiiI uarhutt. imaim all irom 1'rovidouoe
for PlillaDflptita at Nw York 810 Inst,
Honrs J H s.HI. HastreH. lur New JTaven. and
run a llrewu Jones Mr Hartford, bolh from PuUa
dfliikila ul nrw York lit"
liohr John TH ili-r, of 1'uHadalphla. which was
WrM-kVd I near swl n-t" was sold aa alia Uy Mr tVr,
ber caiso for (son; art bnr cables, atich us, au i sails
Would be sbliipsd lor BvStou.