SPIRIT OF THE PRESS. EDITORIAL OmHORB OT THE LFADINO JOURNALS EPOS CCBRBR TOPrOft OOUP1LKD BVgST DAT FOR THB BTfeMIWO TgLXOBAPH. Hoarding Gold. From the N. Y. tribune. The Secretary of the Treasury reports that the Government held in coin on the lstinst. thesnmof. . . . 'JS,7j3, 3(50-91 OatatandiDg Gold CertiQuatea Z7,O:SO,O2OO0 Clear surplus of ooin . 71,7:53,341M1 Here are certainly fifty, if not sixty, mil lions of dollars hoarded and held, year after year, to no purpose whatever. Had fifty mil lions of it been used, three years and more ago, to buy up interest-bearing bonds, they would have extinguished more than sixty millions of debt, and thereby saved more than ten millions that have since been paid as inte rest: so that our aggregate indebtedness would have been over seventy millions less than the present amount. Such redemption would have stiffened the prices of our bonis, by making them much scarcer in this market, and would thus have largely increased our returns for the bonds meantime sold by our people to Europeans, hf rendering gold more abundant fn the street, it would have dimi nished very! considerably the disparity be tween ooin and greenbacks. Who approves this mischievous hoarding of gold ? How is it justified f Why is it still persisted in, at a loss to our people in interest of about $10,000 per day f There "are three diverse ways in which this gold might be utilized, namely: First (and best), by immediate resumption. We have an ample reserve for the purpose. Only let the world see that we will honestly pay our debts, and we may resume at once without fear. Secondly, by buying up and extinguishing bonds. The fifty millions that lie useless in the Treasury would still purchase sixty mil lions of our interest-bearing national debt, The debt would thereupon cease to bear inte rest; the gold, liberated from the Treasury vaults, would begin once more to render ser vice to business. Now it lies as dead as the ashes of the Cicsars. Thirdly, by buying up and cancelling green backs. Fifty-five millions of the gold that has so long lain dead in the Treasury would liny and burn seventy millions of greenbacks. With so much more gold in the market, and FO many greenbacks struck out of existence, we should be far nearer resumption than we now are, while our indebtedness beyond our cash assets wonld be diminished by fifteen millions of dollars. Yet the gold is keptuseles3 in the Treasury, j.iaking an artificial scarcity whereby gold t mblera alone may profit, and men who v. onld be financiers talk of piling up more ; r.dmoreof it in that charnel-house for two : three years longer ! We protest, demand 5. '3 that this large accumulation be set adrift, :.:id made to earn something for Government aud people. Scalawag Demands upon Georgia. trom" Brick" Pomeroy's N. Y. Democrat. Hon. Kelson Tift, Congressman from Geor gia, is opposed to the plan of his associate, Bullock, for getting more Congressional inter ference with that State, and he has issued from Washington a circular letter addressed to all the judicial officers of the State, re questing definite information, which he pro poses to lay before the Reconstruction Com mittee, as to the real animus of the people of Georgia. The New York Times thinks "as most of these judges owe their appointments to Bullock, and as many of them are active Republicans (i. c, carpet-baggers and scala wags), their testimony will doubtless have much weight with the committee." Among the questions propounded in this circular, the answers to which are expected to inlluenoe the action of Congress either for or against the people of that State, are the following: 4. What are the disposition, feeling, and treatment of the whites towards the blacks ? 5. What towards the Republicans ? (J. What towards Northern men visiting or desiring to settle in Georgia ? Now we do not wish to forget that the Hon. Mr. Tift issues this circular and proposes these questions for a worthy purpose; but the fact that it is found necessary to placate the fiery demons of Congress by such palliations as it is hoped the answers to them will em body, is proof of a depravity and shameless ness in that it body which was never before manifest in any legislative body on the face of the earth. The very language of these ques tions is proof that this horrid abomination, misoalled "Congress," assumes to control, or to reward and punish, the uncontrollable "dispositions and feelings" of men, by act of legislation; moro especially when those dispo sitions and feelings concern negroes. That is, the feelings of the people of Georgia towards negroes are expected to influence Congress either to let that sftate alone or to overthrow its government. But, to save their State from further de struction by Congress, the people must satisfy that body that they are well "disposed to wards the Republicans." They must not only love negroes, but they must love Republicans, or they must be still further stripped of every vestige of the blessed boon of self-government. These conditions are truly awful. To a3k a deoent and refined people to love negrosB, one would think was pushing the thing far enough, but when it u further demanded that they shall love Republicans, au extremity of humiliation is reached at once which id truly appalling. , But the cup of bitterness for the poor people of Georgia is not yet full, for they must also answer for their "feelings towards Northern men'.' Men of "Northern principles" are of vurB iubbui. me aiscipies of old Ben Wade, Beast Butler, and Charles Sumner, Who have BDreail nvnr thu Snnii. .ti.rimr mi the negroes to theft, arson, and murder these are the fellows whom the people of Georgia must be "Well digOOHftd to " nnrthx rtrtnaltV of losing all the little that remains to them of iiDeriy ana self-government. fcow this, workingmtn and Democrats of the North, is precisely the condition to which Coneres s has reduced the whole people .of the South. .We say whole people, because the carpet-Lac cere are not to be counted as South ern people. We must confess this is to the credit of the South and the humiliation of the North; for such another set of unconscionable Bcoaudrels as these same carpet baggers evr before existed out of hell. And even tneir preseence out of that plat e will be of preciout uort daration whenever the old patrlotUm, the old virtue, and the old love of V liberty tbturn to tlje UOBom9 0f the American V people. Thav will be doomsday to Congress ana an mat baion-i i. i r;n nnm w- Vgpeak not of the d.T wben .ht)U BUftu giye up Us dead," referred to t rm,!- nf a. tarer time, when hell nhall recei7e Us living nuouwinuuig unevy maBg 0f carpet bag goalawags,. and rnmpBr8 BhfKi Biuk n, howling under the wrath of "the locg Vd overtaxed, and outraged people I THE DAD.ii EVENING TELEGRAPH PHILADELPHIA, SATURDAY, JANUARY 9, 18G9. The Situation in Virginia. From the N. Y. World. It seems there has been a conference in Richmond of oertaiu leading Virginians, who propose to acquiesce in reconstruction and "acotpt universal suffrage coupled with uni versal amneBty." From the former political affiliations of the gentlemen making up this conference, it wonld appear to bs rather a gathering of old Whig leaders than an assem blage of representative men of all parties a mauer that is to be regretted, as depriving the deliberations and conclusions of the oonferenoe of that comprehensiveness and weight a less partisan composition would possess. As to the nature of the universal amnesty desired, there is some cloudineoe; for, if it be what is ordinarily understood by that term, there hardly seems much point in the gathering, fleeing that on last Christmas day Air. John son extended, "unconditionally and without reservation, to all and to .evrru person who directly or indirectly participated in the late insurrection or rebellion, a full pardan and amnesty for the otfense of treason against the United States, or of adhering to their enemies during the late civil war, with restoration of all rights, privileges, and immunities under the Constitution and the laws which have been made in pursuance thereof." If, how ever, instead of this, it be the meaning of these old leaders that, if the disabilities now debarring them from ollioe be removed, they will acquiesce in negro suffrage, then it would seem that this is rather a proffered bargain of their own, for their own personal purposes, and not one that they have been specially called on to present by the people of the State. Still, the information tha'. we have on the subjeot of this conference is rather meagre, and with further light it may appear that it is less personal in its objects and more fully representative in its nature. The fact that there has been any conference brings the matter of reconstruction in Vir ginia into interest, especially as the subjeot is one that has yet to be finally acted upon. After an election beginning on the 22d of October, lb0'7, and lasting three days, the reconstruct ing delegates met in convention in Rich mond on the 3d of December following the election, and remained uninterruptedly iu session to tne ltu of April of last year, a period of four and a half months. In this time the assemblage which we find reported as composed of thirty-eight Virginians, forty two carpet-bag men, and twenty-five negroes, one of the blackest of these representing the former home of Clay framed a constitution which Congress has not as yet ventured to put to the vote. The franchise article of this instrument debars from suffrage all whom the third section of what is called the Fourteenth amendment precludes from ollioe, the effect of which, if the reconstructed constitu tion were put ?n operation, would be to - disfranchise every white man in Vir ginia who has ever held any office, from that of governor to constable, aldermau, coroner, or "inspector of tobacco, flour, etc.," this eto. appearing in the instrument as a very convenient pretext to drive from the polls any person who might not be otherwise banned. It is also the case under this in strument that, as part of the oath of ollioe, one must swear "that I accept the civil and political equality of all men before the laws," and, in addition thereto, the higher officers of state must take the test oath, or, as it is some times called, the iron-clad. The effect of all this, it can be seen, would be to make the voting population of Virginia very largely nocro, and to debar from a constableship iu the State any one who had so much as sym pathized with those engaged in hostility to the United States during the late war. There are certain lesser provisions of this instrument marked with the like stupid malignity a malignity that will not appear surprising when it is stated that that paltry fellow Un derwood was president of the body framing it and, taken as a whole, it is as bad as the worst of these documents, that of Louisiana or of Arkansas. It is almost impossible that it should go into operation without leading to very Eerious disorders in Virginia. New York Slate Finances. From the N. Y. Herald. The State Comptroller In his report, published yesterday, pronounces the financial condition of the State "satisfactory." The first satisfactory point is the further reduotion of the State debt. The debt that was $48,300,000 in September, 18G7, was only $44,900,000 in September, 1808. In reality the figures should be sua less, ior mere are unapplied balances from sinking funds of six millions. which reduce the real indebtedness to $38,900,000. The state of affairs in regard to taxation is baldly so pleasant to look upon. "Property,"' says the report, "is taxed, it not to its utmost capacity, at least more neaviiy than a wise and liberal government ought unnecessarily to burden it, and labor has nothing more to spare at the call of the tax-gatherer." In 1845 the tax was two-thirds of a cent on every dollar. Now it is two cents and a half on every dollar, and the amount gathered ia eleven times what it was in 1840, although the whole property is only trebled in value. As to State expenditures, the Comptroller tells ns (what was Known bsfore, thoueh not on official authority, perhaps,) that there is "a fearful want of economy in almost every de partment." Here are a few of the figures: In 18&9 the contingent expenses of the Legis lature were $3:2,000; in 18o'8 they were $128,- 000. In 1851) the quarantine expenses were t)u'.000; in 1808 they were $239,000. The ComDtroller muaiv oeneves iu me greater part of such increase ia without justification or excuse, and we believe that It is direct robberv. In all aspects the report will be found a very interesting document. The Age or Libel Suits. From the 2V. Y. Herald. Libel suits for all sorts of real or fanoied wrongs are the rage just now, ana ior the most part they are against the unluoky edi tors and proprietors of newspapers. The other day a country editor was arrested and put in prison in this city on a libel suit for Btrioturea upon one of our Wall street specu lators. The Chicago Tribune has just been mulcted in seven thousand five hundred dol lars damages for publishing an alleged scan dal about parties in Chicago. We see, too, that another libel suit has been commenced agalnt the same paper for ten thousand dol lars damages for staiiDg in a police oourt item that a person kept a disorderly house. We might refer to many other Eimilar cases in Chicago, New York, and other parts of the country in which newspapers proprietors are the victims; but these will answer for the ap plication of the moral. Undoubtedly the malicious libeller should be puuibhed, and the injured parties Bhould receive damages where the case of malice or intentional wrong is proved; but under libel lawa generally, and the way iu which libel suits are instituted and conduoted, the malice is frtquently on the part of the plaintiffs, and the olject to make money more than to satisfy wounded honor or damaged character. Gene rally the prosecutors in such suits are needy speculators, to whom the chance of wringing money out of some victim is a godsend. Such persons for the most part would be delighted to Lave their characters called in question by a wealthy journal or a rich Individual every day. It gives them a prospeot of filling their pockets through the mistakes or Impruleuces of others without labor, and brings, besides, a notoriety which many of them like. Unfortu nately for the victims, juries are often more remarkable for teuderness of conscience than for common sense or rendering impartial justice. No class of the people are so useful to the community as publishers of newspapers, and none are planed iu such a delicate position with regard to alleged libels. In giving the news that which is already public through the action of the courts or current conversation they are made subject to prosecution and damages, though no wrong to individuals is intended and though in case of mistake reparation be of fered. Juries are apt to forget this, and to treat newspaper publishers with more severity than they would other pereons. In case of a mistake, oversight, or tha error of employes in a damaging publication, where no malice or wrong is intended, an apology, recantation, and the opening of the columns of a paper to explanation, ought to be sufficient. This among honorable men in private life is deemed sufficient. But the truth is, the lawyers gene rally do all the mischief. Libel cases are a bonne louche to the legal fraternity, and when ever they see the least chance of getting em ployment they stimulate patties to enter the courts. Then, again, the lawyers for the de fense generally defeat their clients by assaults upon the plaintiffs, and, therefore, by exciting the sympathy of juries for the prosecutors. This is seen iu the Chicago case to which we have referred. It would be better in almost all cases for the defendants to dispense with these wordy and frothy lawyers, and to leave the matter to juries, with a simple statement of facts and an unprejudised explanation. Our libel lawB need revision, and the lawyers should always be avoided when it is possible to do without them. The Irredeemable Taper Dollar. From the If. T. Times. The great mass of consumers and they, of course, form tne majority oi the oommuuity will perhaps take a deeper interest in the dis cussions on the cuirency, and will press their representatives more earnestly towards the right conclusion, if they consider that this question in political economy touches their every-day bread and butter. For the worn pieces of paper, which are "promises to pay" of our Government that cannot be redeemed, circulating from hand to hand, each, one of our readers pays in his morning couee, his sugar, his tea, his broadcloth, his furniture, his silks and wines, and the material of his buildings and his house rent. It is a tax paid almost universally not only on all foreign articles, but on all labor and all the results of labor. Most of all, it 13 a tax which beneuta no one, except perhaps the foreign importer and the borne speculator, and otten it ruins them. It pays no debt and accumulates no savings for the future. We have now no .fixed standard of value, The Government puts out a note which it calls "a dollar." It is in reality a fluctuating value, worth once forty cents, worth now seventy-two cents, to be worth in a year per haps eighty or eighty-five cents. All the salaried classes, such as clergymen, profes sors, clerks, teachers, and the like, who are paid the old rates, do not receive a thousand dollars or two thousand, as the case may be, but some considerable fraction lees, perhaps not more than half the old value. Those who have increased salaries, and the wage- class whose wages have risen, really enjoy most nncertain incomes, and le3s in value pro bably than their lormer, for they must pay not only the regular profits of retailer and importer, but also the additional prohts there demanded for tb.8 risks of an nncertain standard of value. The merchaut who buys his coffee on credit with a dollar at seventy-two cent3, with the ohanoe that when he pays it may be worth eighty two cents, must evidently charge a percent age on the risk, and eaoh consumer pays that. No business man Knows exactly what his property will be a year from now, and there fore he must exact from customers some equivalent for his uncertainties. We all pay a tax continually on this paper dollar, which Is the heaviest and lea3t remunerative of our taxes. All exchange becomes uncertain under it, and buMaess slackens. The man who wonld buy feara that when he comes to pay he must discharge his debt in specie; and he who would sell dreads to receive what is only worth a fraotion of its apparent value. One great addition to a country's capital building is everywhere obstructed by these uncertain The irredeemable paper dollar, too, adds to all our other taxes. We are all paying, in one shape or another, portions of one hundred and forty millions of interest money annually, the great bulk of it being at the rate of six per cent, in gold. Were our credit reestab lished, and the paper equal to the gold dollar, this annual taxation could undoubtedly be reduced one-third, or gome forty-five millions, by funding. As illustrating the effect of the irredeem able dollar on foreign oommerce, Mr. Commis sioner Wells gives a striking instance in his report of one of our manufacturers who made cane-bottom chairs adapted for warm lati tudes, and exported them to the West Indies and South America. When gold and cur rency were at par, in 1801, if 1000 in gold would obtain 111 1-9 dozen of chairs. Jn 1804 $1000 could purchase 143 dozen, and . trade increased; but, as labor and commodi ties rose in pi ice, the purchasing power of gold fell, and in January, 1807, $1000 would only bny now, with the paper dollar at 72 cents, $1000 will only purohase 102 dozen, or nine dozen less than it would buy in 1801, when paper and gold were equal. The oon sequence is that the foreign purchaser goes to another market, and trade is turned away, perhaps never to resume its old channels. And this country, which must have sugars, spice?, and dyewoods from these tropical regions, can no longer pay for there with this manufacture, and munt send gold in return, thus diminishing still further our basis of specie for future resumption. This particular article of cane-bottom chairs is only one instance of many manufactures which are crippled by the irredeemable paper currency. The manufacturer in the above instauce could only furnish 102 doznn chairs for $1000 (gold), as against 111 dossrsn in 181, beoause the changing standard raided all hid expenses, whether for material, rent, or labor, above even their legitimate rate in gold value, while he must compete with foreign manufacturers, who have a fixtd standard of value, ami can cut every expanse dowu to an exaot and low rate. It must not be forgotten that every business man must charge a profit on au un certain standard. Every article of manufacture or produce which ia exported, aud enters into competi tion with foreign articles, BUtlera from pre cisely this difficulty which has broken up the cane-chair export. Kach producer's ex penses in the United States are relatively greater than those of a foreigner living under a specie standard, and the consequenoe is the home producer is gradually driven out of foreign markets, and in some cases is undersold even iu our own, iu face of a heavy protective tariff. We thus are forced to pay for our Imports with gold, and put off still later the day of resumption. The same dimoultles whioh environ me manufacturer surround every householder. All are paying a useless tax on our ourrenoy. The old axiom that "an irredeemable cur rency is the robbery of labor" may be ex tended "the Irredeemable dollar is a tax on all claBses, without benefit or equivalent. BRANDY, WHISKY, WlNET ETC. Y p m. Y. P. M. Y. P, Mi YOTJNU'N POKB MA1VT WnilKT. TOIINU'I PI' UK HALT WIIISKT. TOVNU R 1'UBE MALT WB1IMKT. Thpre la no ctnnnuon relative to the merits of th c-'lohrkl.d Y. P M. It Is themrfsi quality of Whlalcr, trmnnfnntured from tbe beet grain Horded bv t te Philadelphia market and It la sold at tbe low rate of 6 per gallon, or II K pr qnart, at the aalearooma, Ko. 700 TASSIUKK ROAD, U g 2,, PH1LAUKLPHIA. QAR8TAIR8 & McOALL. Nos. 126 WALNUT aud 21 blRAMTE Sis., IMPORTERS OF Brandies, YViucs, 11 In, (Hire Oil, Etc. Ltc AND COMMISSION MEUOHANT& JTOK THE BALK OF L'UWi OLD RYE, WHEAT, AND BOU1U HQS WHISKIES. gONOMA WINE COMPANY Established for the sale of Pure California Wines. Tbli Company ofler lor sale pare California Wine. Willi I., A I AH It A, Ml KICK V, CXAKET, I'M 11 1 , C'llAm'AUAE, AND PIKEUKAPE BRANDT, Wholesale and reiall, all ol tbetr own (fencing, and wa-muud to cuuiaiu uoiUiugout Uie puro Juice of tbt grape. J)eiot Ko.! BANK Slruft, Philadelphia. II A JIN & UUAUN, Ag.Dls. 12 III HOTELS AND RESTAURANTS. 4Q5 CHE8NUT STREET. OLD UYK HOTEL. LUKCH OF VKSRON, and other Game Id Seascu, ivety day from lOJi to U2 M. 12 9 lm KOBERT BLACK. ffil' I DOLE TEMPLE IIOTII. AM) KKSTAUUAXT, No. 116 South SIXTH Street. 12 9 lm II. REIMIARD, Proprietor. G E O 11 (i E S4IELLEY, Formerly FltzwaterA Zlelley. Filbert. Bliei-t, above KigUtli street, has oreucil the old stand, N. W. COR. THIIilJ AND WOOD STS., where he will be glad to Bee bin friends. 12111m GEOKOE ZIELLEY. gT. NICHOLAS HOTEL & DINING SALOON, S. E. Corner Carter St. & Exchange Place, 1 lie Place to Get a Good Dinner, OR OTHER MEAL AT RfPAPONABLU PRICES. Bill of Fare, Wines, Liquors, etc. of tbe beat ll'Jo.Hniru PrtlOK. Proprietor. Mt. Vernon Hotel, 8 1 Monument street, Baltimore. Elegantly Furnished, with unsurpassed Cuisine- On the European rian. Tta D. P. MORGAN. JEWELRY, SILVERWARE, ETC. ESTABLISHED 1828. HOLIDAY PBE9ENTS. WATCHES, JEWELRY, CLOCKS, blLVERWARK. nd FANCY QOOD3, a. W. RUSSELL, So. 22 KOHTII SIXTH STREET, B2 PHILADELPHIA. D. WARDEN. S. E. Corner FIFTII and CHESNUT Sts., PREVIOUS TO REMOVAL TO Ko. 1029 CIIESXCT STUEET, OFFERS FOR THE HOLIDAYS A LARGE AND VARIED ASSORTMENT OF Hold and Silver Watches, Fine Jewelry, Sterling Silver Ware, Plated Ware, Etc. Etc., SUITABLE FOR HOLIDAY GIFTS, AT THB I2 81mrp loivest rossiuLi: riticus. US Tbe finest aisortroent In tbe city. A fresh Invoice Just received direct iiom Gaueva wka beauillul Bell aoccnipaulue nts. Our Btlectloua comprise the choicest Operatlo and Uome Melodies. FA 11 It & liltOTHKK, IJtl'ORTKRS, Ko. 331 CIILSMJT Street, UUwin.JrP BKLOW FOURTH. GROCERIES, ETC. 3&H F11U1TS & lTvESERVES. Bunch, Layer, Beedlesa, and BuIUua Ka'nlnn; Cur jact.H, Curon, Orangts, Praa.s, Klgs, elo. l.ve y de ecrl(-iloa ol Groceries, suitable for lbeHolidas. AI.UEBT V, BOBEBTSJ, 11 71T Cor. ELEVENTH aud VINE Btroets. OX'S I'lIlLADELPIlU 8 T A It C II. O. J. FELL A BUO.. Agents. TDK EST ON '8 BKEAKFASr COCOA. O. J. Ffl.L A BUO., Agfnts, Z U It E N E . C. J. FELL A BRO., Aenta.T JpRANKLIN MILLS SEJ.F-RAISISG FLOOR, C. J. FELL & BUO., Manufacturers, 12 12 wslua K o. 12U H. FRONT HU eet. PHIZES CASHEW IK ROYAL HAVANA KKNl IUKV. and MlhHOlUU LOl TJfiKl Ki Clrculum sn.t aufl Inlirmatluu iveu JCMKPU BAlhM, Ko. 78 iM)aD WAV. Mew York, fos OUice Box Ufliu FINANCIAL. Union Pacific Railroad, WE ARE HOW SELL1SU The First Mortgage Gold In terest Bonds OF THIS COMPANY AT PAR AISD INTEREST, At which rate the holder of GOVERN MEJiT SECURITIES can make a profit, able exchange. COUFOSS dHe January 1 CASHED, or bought at full rates for Gold. WH. FAINTER & 00., BACKERS AND DEALERS IN GOVERN MENT SECURITIES, Ho. SO South THIRD Street, t PHILADELPHIA. U P OF u s UNION PACIFIC RAILROAD, CENTRALPACIFIC RAILROAD 5-20s and 1881s, DUE JANUARY 1, AND GOLD, WANTED. Dealers In UoYCrunieiit Securities, No. 40 SOUTH THIRD STREET, ess PHILADELPHIA. STERLING & WILDMAft, BAKKEBS AND BROKERS, No. 110 South THIRD Street, AGENTS FOR BALE OF First Mortgage Bonds of Rockford, Itoc; I&limd, aud SU Louis Kailroad, Interest EVN PER CENT., clear of a'l ta payable in GOLD Aogutt and February, for sale 97 i aud accrued Interest In currency. Also First Mortgage Bouds of the Danville Dazleton, and AVilkesbarre Railroad. Interest SEVEN PER CENT., CLEAR OF ALL TAXES, payable April and October, for sale at 80 and accrued Interest Pamphlets with maps, reports, and fall Information of these roads always on hand lor distribution, DEALERS In Government Bunds, iold, Silver Conpcns, eta fcTOCKs of all kinds bought and sold on commis sion In JN'ew York and Phllauelphla. 11 8 tutus RANKING HOUSE OP os. 112 and 111 South TII1KD Street, PHILADELPHIA. Dealers In all (jorernment Securities. Old 5-208 Wanted in Exchange for Heir, A Liberal Difference allowed. Compound Interest Kotes Wanted. Interest Allowed on Deposits. COLLECTIONS MADE. BTuCKtt bought and sold on Commission. Special business accommodations reserved for ladles. We will receive applications for Policies of Life Insurance In Hie National Life Insnrauee Company or the United States. Full Information given at our cilice. 1 1 Sin Dealers In United States Bonds, and Mem bers or Stock and bold Lxcliaiue, Ilcccive Accounts of Banks and Bankers on Liberal Terms, ISSUE BILLS OF EXL'HAMJK 03 C. J. HAM BRO & BON, LONDON, 15. MKTZLKR, 8. SOHN & CO., FRANKFORT JAMKS W. TUCKER & CO., PARI 3, And Other Principal Cities, and Letters of Credit Available Throughout Europe. GLENDIMING, DAVIS & CO, No. 18 South THIRD Street, PHILADELPHIA. GLEMMIIG DAVIS & AMORT No. 2 NASSAU St., New York, BANKERS AND BROKERS. Direct telegraphic communication with lite New York Stock Boards from the I'lilladelphla Office. u rjlKE SAFE DEPOBIT COMPANY", For Safe Keeping of Valuable, Securities, etc., and Renting of Suf 'e. DIKEOTORS n B. Browne, 1 J Gllllncham Fell, Aler, Henry, I.H.Clarke, O Wacalesler, 8 A. Caldwell, Jobn We sh, KW. Clark, Itteo. F. Tyler. OFFICE, NO. 21 CUKBNDT HritEKT. N. B. BhOWNK, President t). U. I LAKE, Vice prfwldent. K, PATTERSON, boo, and ITtMturot, 1 UwliuJ nNANCIAL TUR y Q PACIFIC RAII.UUO COMPANY OFFFJ A LluIfLD AlIUUST OF THiCR First Mortgage Bonds AT PAR. Mne Hundred aiid Slxlj Milw Or the line West from Omaha are now completed, and tbe work M golim ou Mirough the Winter. Ai tao dis tance between tl flnmlied portion of thi Union and Ormral Faclflo KallrouUs la now .mi taau 4u) iiitiwi, and both Compaules are pu'hlng forward tlie wuric with great energ), vmIolng over ao.o.o uitu, tiiure can be no doubt that the whole Hrand Line to the racific Will be Opeu for Unslnc In (ho Mil miner Ol 1MG. The regular Government Commissioners have pro nounced tbe Uulou FaclUc Kailroad to bi FiJtsr CLASS Id every rexpect, aud the Special Oouiuilitlo'n appointed by tbe l'realdent says: C Taken as a whol. TB E UNIOH PACIFtO RVIL- KOAD UA BEKN WELL OON3TBLCrSO. AND THE GENEKAL KOUTE FJH THE LINK EX CEEDINGLY WKLL BELKOTKD. The energy and perseverance with whica the wurlc has been urged forward and the rapUlty wl.u which It bai ban a execuud are without parallel la history, and In gran deur and magnitude ol underlaltlug It has never been fqual.ed." The report conaludei by eaylDg that "Hie country han reason to con gratulate Itself tlitu this great woik of nutloual Im portance is so rabidly avproaohlng cuiple Ion uuder such faverale auspices." The Company now have In use lo7 lccomotlvva aud ntarly luvu cats of all de ctlp tlons. A large additional equipment Is Ordered to be rtadj In the Spring. Tbe grading Is nearly completed. ltd ties .dlstributeu hr 120 utiles In advance of the western end of Uie track. Fully 120 utiles of iron lor new tiack are now delivered wettt of tne Missouri lUver, aud 90 milnfl m re are en route. The total ex penditures for CJisi uctioa purpoies la advance of the completed portion of the roid li net leas than eight million doliurs Besides a donation iroru the Government of 12,800 acresot land per utile, the Comuany is eu Uie J to a subildy In U. S. Bauds on 1 s llua as ompleted and accepted, at the average rate of about ,00J per mile, according to the diUlculiies encountered, for which the Government takes a second Ilea as security. The Company has already received f2l.078.oiO of this subtldy, being In u'.louthe S lo miles that have been examined by the Uulted states Comiu'sslouer. Government Aid Security or the Bouds. By Its charter, the Company Is permitted to Issue Its own FIRST AJORVUAGK BONDd to the same amount as the Government Bonds, and no more. These Bouds are a Flrot Mortgage upon the whole road and all Its tqulpinents. Such a mortgage upou wnat, for a long time, will bathe only railroad con nectlrg the Atlantic and Pacltio States, takes the highest rank aaasafe security. The earnings from tbe way or local business lor tne year ending June 3u, 1868, on n averuge of 472 miles, were over FOUR MILLION LOLLtHs. which, after paylug all ex penses, were niu.h more than sutHcleut to cover al lnteiest liability upou that dUtauue. and the earn logs lor tbe last live months have been I2.386.87i). Tbey wonld have been greater If tbe road had not been taxed to lis utmost capacity to transport Its own material for cinstioctlon. The Income from the great passenger travel, tbe China freights, and the supplies for the new Rocky Mountain Slates and Ter ritories, must be an-.ple for all Interest and other lia bilities. No political action oau reduce the irate ol Interest. It must renalnfor thirty years tlx per cent. er annum in gold, now equal te between eight and nine per cent. Iu currency. Tlx principal is iien payable in gold. If a bond with such guarantoes were Issued by the Government, Its market price would not be less than from 20 to 25 per cent, premium. At these bondsjare Issued under Quverumeut authority and supervision, upon what Is very largely a tlov eminent work, they must ultimately approach, Gov ernment prices. The price for the present li PAR. Subscriptions wil. bo received in Philadelphia by DE HAVEN & BUO., No. 40 8. THIRD Street. WM. PA1NTEU & CO., NO. US H. THIRD (street, And In New Yoik AT Til; (UIIPANI'S Oi'flCE. No. 20 NAittAU aire, AUD BY JOHN JT, CIKCO SO Si, UAMKKUS, No. 9 WALL SUreet, And by tbe Compnj advertised Agents through- oai the Uulied blaleu. Bonds sent free, but parti. a subscribing through local agents wlli look to them lor ihir si delivery A JMJiW FAMl'dLa-T AND MAP WAS ISiUED OCTOBER l, cout.olugarep ri ol tbe prosrens of tbe work to that date, and a u.cre coaii leie state ment 10 relation lo the value of lie bouds than cau be given In an C t rt.seuaent, wh eu will be soul free onapp Icatloaatth.) O-wpAuy's olUces, or to any of the advertised agent. JOitX J. ClsfO, TltE.tMUilEU, NEW YORK. 1217 tostulm Jan. 1. 1H(9 TKUSSES. & Vo'B":i '?IEt4d ltcUD1K rw;iiy applied nl.l cure lu ,-wu.m wiuj t,aihin!L dllljcull rupiore. cleau, lignt, eaayT sai2 JZ comfortable, unto it oathlmt, Citwl to form nv! rusts, breaks, sui s, bion, Umber, or moves bom piacs Nostrapfltig, Hard Rttber Abdominal Bum. purler, by which the .uoUiers, Corpulent, aud Ladtu suflerlng with Female weakness, will Bud relief and perieot support; veiy light, neat, aud etlectual. i-iti Instruments bhoiilder Braces, Elaallo blockings fo weak limbs, Suspensions, etu. Also, lance sioca ham Leather Trusses, bail ilsnai prici ' lnu!E!i no Itwwba M E It li I O K & SONS BOUTHWARK PnrrNnnv NO. 130 WABH1NUTON AVENUE, Phlladelpbli. WILLIAM WRIUHT'B PATENT VARIABLE CUT OFF BTEAM-ENGINE, Regulated by the Governor. MERRJCE'B BAFETY HOISTING MACHrN Patented June, 118. ' DtVID JOY'8 PATENT VALVELE38 STEAM HAMMER, D. M. WESTON'S PATENT BELF-CENTERINQ, BELF BALAN0IN9 CENTRIFUGAL SUGAR-DRAINING. MACHINE AND HYDRO EXTRACTOR, For Cotton nt Woollen Manufaoturms. inmw OTTON AND FLAX, BAIL DUCK AND CANVAS. Tent. Awnlnrr.Trnnk, .uiwStebh tAnl VeLM I)SLr FelurfVom on to several feet wWe: rVulln, Belting. HallTwIne ew JOHN W. KVKRMAN A CO.. WO.lw.JONn' AUef.
Significant historical Pennsylvania newspapers