THE DAILt. EVENING TELEGRAPH PHILADELPHIA, THURSDAY, JANUARY 21, 18G9.
SPIRIT OF THE TRESS.
-4
EDiTontAii opinions of thb leading journals
PPOH CDBRBHT TOPICB COMPILKD EVEBT
DAT FOB TBI BVKHIHO TKLEORAPB. .
Ucneral fcrant and the Jacobins.
From the If. Y. Herald.
"There are Bix weefca yet remaining to the
Fortieth Congress. There is a heavy calendar
of hills and resolutions awaiting the action of
the two houses within this interval to the 4th
Of March; but from presont indications little
Will be done beyond the passage of the annual
appropriations. There id one measure, how
ever, depending upon the actiou of the Senate
Svhich the conservative supporters of the President-elect
should insist upon bringing to a
definite and decisive vote yea or nay. We
refer to the bill of General IUitler from the
House for the repeal of the Teuure-of-Moe
law, and as a simple matter of fair dealing
tvith General Grant.
The question in the Senate has been referred
to the Joint Committee on Retrenchment, with
S proposition from Mr. Wilson to amend the
Tenure-of Office law so far as to exempt Presi
dent Grant from the ebackles which have tied
Mp President Johuson in reference to his
Cabinet, and to relieve Grant of tho reasons
exacted of Johnson in the matter of suspen
sions from oilice. Hut it is still proposed by
Wilson's bill to hold any suspensions from
Cilice which may be made by Grant lu the
absence of the Senate subject to the approval
of that body at its text session. What doe3
this signify ? Plainly that the radical faction
In Congress distrust Grant and intend to hold
Jiim, it they can, in the distribution of his
Cilices, as they have held Johnson, nuder the
thumb of the Senate. Now, this Temxre-of-Kllice
law is a new thing in party strategy aud
tactics. Many other new things in the expan
sion of the powers of Congress have resulted
Jrom the late Rebellion; but we have had none
to broadly and deeply cutting away the autho
rity exercised by every President from Wash
ington down to Johnson over his executive
Subordinates as the Tenure-of-Offieelaw. This
law was passed, in the late demoralizing and
rostly struggle between "the King and the
Commons," as a measure of party safety
J.gainst the terrible Johnson. With Grant in
Ike place of Johnson, then, the question re
curs. What is the object of the Jacobins in the
continuance of this law ?
We may fairly assume that there are two
purposes lf,w the protection of the
whisky rings and office-holding league3 of
Treasury robbers, and the retention, to make
all sure, of a wholefome party check in the
Senate upon the President in the general
division of the spoils aud plunder. The de
fense set up for President Johnson concerning
the stupendous spoliations upon the Treasury
through frauds upon the revenue under his
administration, is that the office-holding con
spirators in these frauds could not be reached
hy him, protected as they have been anl are
Jby this Tenure of-offici law. Nor cau it be dd
Hied that there is too much truth in this defense
to justify the continuance of this law as pro
posed by Senator Wiison. Let the tree be
judged by its fruits. lint why, on the other
iian d, should there not be in the Senate a
movement to retain this law, when it Is backed
Jby lobby rings whose pickings and perquisites
from the leaks of the Treasury run up to the
handsome figure ot one hundred millions a
year upon the single item of whisky.' What
liope, under this law, is there for General
urant's sweeping ideas ot retrenchment and
reform, with such enormoua resources of
active capital against him.'
Next, in regard to the retention of the check
upon the President for the protection of the
oilice holders in the absence of the Senate,
the reason for it may lie in the fact that the
Vice-President (Colfax), who will be President
of the Senate, will be a more reliable radical
in this business of parcelling out the spoils
than President Grant. Hence, no doubt, this
Ehrewd device of Wilson of making Colfax in
this business, as the head of the Senate and of
the radical faction, the real master of the situ
ation. As one of the original supporters of
Orant for the Presidency while Chase wa3 still
regarded as the embodiment of radicalism,
"Wilson, probably, has been put forward in
the defense of this ollijeiholders' protection
law in order to deceive Grant. Put whether
considered in regard to faithless Treasury de
spoiling office-holders or in reference to a
safety check in the Senate upon General G rant,
this scheme of Wilson Involves an insulting
distrust of the President-elect that has no pre
cedent in the ups and ' downs of any party in
this country from 1770 to this day.
Looking from Wilson to the league of Jaco
Lins behind him, we apprehend that even ihe
passage of the half-way bill which he proposes
is not contemplated, but that it is merely de
Signed as a decoy. We apprehend that the
object is, by parliamentary tactios and delay,
to carry the Tenure-of-Ollice law through to
the 4th of March untouched, so that the
radical managers on the incoming President's
Inaugural may be able to deal with him as he
may thow his hand. Pat has he not already
shown his hand ? The Chicago platform of
May last is the latest official creed of the Re
publican party. Among other things,
it approves and upholds the recon
struction policy of Congress, deplores the
death of Lincoln, denounces Johnson 3 a
usurper, who has corruptly resisted the
authority of Congress and perverted the pub
lic patronage into an engine of wholesale cor
ruption, and justifies his impeachment. These
were the extreme tests of the party faith. Put
to General Grant, he approved the proceedings
of the Convention, au'i said, in hi3 letter of
acceptance: "I indorse their resolutions."
What more do they want .' lu the face of this
indorsement of their paper is not this bit of
humbug of iIjoii, this development of a
design to hold Grant bound hand and foot, as
they have held Johnson, an outrageous insult
to General iraut as a man and a soldier,
Whose word has been enough to the American
people ?
We call upon the couservative men of both
parties in Congress who honestly de3ire re
trenchment and reform, to apply themselves
to the task of bringing this" Tenure-of-Ollice
law to a direct vote in the filiate during this
Concress: for if it coca over to the next
there is every reason to fear that the for
midable rines of Treasury robbers, under the
wimr of this law, will still levy their tolls on
the tax-payers to tho extent of at least a
hundred m'illion3 a year. The Jacobins of the
Senate are fighting to pain time. Bring them
to the direct vote, as they were brought in
the House, BO that their real position may be
known.
t'ltadlt'ull.sui " Domicilii.
vi. ih JV. V. Tribune.
In attain liftva drtvelODad
one striking faot. Maine, Indiana, Missouri,
l'enusylvauia, New York, Minnesota, Michi
gan and Massachusetts Lave spoken, and to
eaoh case the Republicans have taken candi
dates who represent the advanced "radical"
opinion of the country. Those who Imagine
ua "v v.miu ui uenerai utrauv was moioijr
. nvnruCalrtfl nf tl . a 1 . -. . 1 1 I
fiu wn-w- w. uuuBBrvniive cuuuuwuuo i
the man, which would Lave been given had
Jie been the candidate of either party, will Uiid
no warrant for this opinion in these nomlna-
tions. If Mr. Fenton has any position in New I
York politics, it is as an advanced radical. Gene
ral Schurz has (riven his whole life to radical
Ideas; Mr. Ilamlin is a radical of the strictest
Sect; Charles Sumner's name is a whole gos
pel of radicalism; Matthew II. Carpenter adds
Western fervor to Massachusetts faith; while
Mr. Chandler, Governor Ramsay, Governor
Cumbacke and Mr. Scott beloug to the same
school.
The gentleman who see in the eleotiou or
General Grant a triumph of the sentiment
which endeavored to paralyze the war, to
elect McClellan in lStjl, to prevent the eman
cipation of the slaves, to make a new party
out of the Philadelphia Convention, to break
np the Republican organization, are mistaken.
The men who now seek to make General
Grant the leader of a party composed of Cop
perheads and milk-and-water Republicans
will lind in this expression of publio sentiment
that our Presidential triumph was that of the
p.'iiAy of progress. General Grant is pre
euTWently a Republican President, choaeu by
the Union Republican party by the party
which in 180b' defeated President Johnsou
and his patronage, even when he was aided,
especia'ly in New York, by these same "con
servative" politicians.
As a Republican journal of a somewhat
advanced school, we trust that the nams
"radical" and "conservative," or any name,
incited, which gives expression to dill'erenoes
in tho Republican party, will be forgotten.
We have no remembrance of the griefs and
tLe mistakes, possibly the sins, of tho past
few years. We do not desire General Grant
to be anything but tho President of tho
country, aud ot the whole country. We are
corf.dt.nt that he will so U3e his high oiliue
that good nieu will conduct our allairs, that
economy will prevail in the administration,
that justice will be kept pure, that the
national Hag will be protected in foreign
lauds, and citizens of this nation in every
State of our own. This is the sentiment of
every Republican called "radical;" aud the
men who are sent to the Senate, a3 believers
in "radical" doctrines, are the truest friends
of the new administration. Their truth and
their wisdom will be no less welcome because
they represent the will of the Republican
party and the dominant sentiment of the
American people
The Uritisli 1!ctcijuc llelunis.
from the N. Y. Times.
The official r.b3tract of the gross produce of
the revenue of Great Britain lor the year 1503
has been published, and throws considerable
light on the general fiuaucial condition of the
kingdom, on the administrative capacity of
the late Government, and on the difficulties
which Mr. Gladstone, pledged as he is to re
trenchment in every department of the Gov
ernment, will have to encounter. The great
features of the return are that, firstly, the
expenditure of Great Britain for the financial
year ending in March next will not be covered
by the sum of X'7i!,000,0U0; secondly, that the
ordinary revenue has displayed during the
last twelvemonth none of that "elasticity"
upon which successive Chancellors of the Ex
chequer have so constantly and so suc
cessfully relied to help them out of their
difficulties; and thirdly, that the annual ex
penditure of the kingdom has increased during
the past thirty years at a rate which, if con
tinued for a further period of the same dura
tion, would raLe it to close on 100,000,000.
These are very grave facts, and must in
spire English Etatefinen with no small amount
of anxiety. The total expenditure for the
year exhibits an increase on that for 1S07 of
something more than '3,000, 000, this being,
of course, due to the expenses of the Abyssi
nian war which, by the way, from first to
last, and including the share borne by the
Indian Government, will not cost the two
countries much under 7,000,000. More
than the amount of this increase, however, is
covered by the increased proceeds of the
income tax, derived from the additional two
pence in the pound imposed by Mr. Disraeli,
specially to meet Abyssinian expenses.
But while the income tax, in which every
additional penny may be relied upon to pro
duce the estimated amount, has fulfilled an
ticipation, the normal and permanent
sources of revenue have failed to do so,
and show a state of things which must
more than ever impress upon E'acliah.
financiers the necessity of checking the con
stant tendency to augmentation of expendi
ture, of which budget after budget, for many
years, has given evidence. Excise, for exam
ple, notwithstanding a year ot fair agricultural
prosperity, and the greatly increased con
sumption oi excisable nuius, which accompa
nies the long and exciting political canvass on
the occasion of a general election, shows but
a very slight increase, hardly more than
balancing the decrease in customs, which is
attributable to the decline in that branch of
revenue during the last quarter of the year.
Even the Post Office, the returns from
which have hitherto invariably shown
an increase, returns 70,000 less than in
1807, and this in spite of the enormous
number of circulars which must have been
forwarded by mail during the political cam
paign. True, the sum is a small one in com
parison with the gross product of the postal
revenue, which is close upon 5,000,000, but
it still suggests the idea that a limit may be
reached which seems never to have occurred
to English financiers. Stamps show a de
crease in the year of r.early 500,000, and
were it not for the increase under the head
of "Miscellaneous," there would have been
a considerable deficit, instead of the existing
small surplus.
It is clear, therefore, that financial ques
tions will not form the lea.-it of Mr. Gladstone's
difficulties during the approaching session,
and it is certain that before long they will be
forced upon the consideration of Parliament
in the most urgent form. The continual iu
creaso in military and naval expenditure,
without even, according to the general com-'
plaint, any corresponding increase in effi
ciency, cauuot be louf; tolerated now that
England is daily receding further from her
former position as one of the chief arbitrators
in European allairs, and that the views of the
advanci.d Liberals with regard to the colonics
are rapidly gaining ground iu every quarter.
In case ot any further accession of distress to
that which even now presses upon the work
ing classes throughout the kingdom, Mr.
Blight's cry of "a free breakfast table" may
yet be echoed widely enough to make it the
cry of the day, aud in a form which will render
it likely to obtain more consideration than has
seemed possible as yet. It was easy to re
concile people to an increasing expenditure as
long as thtsir revenue Increased in like pro
portion, but with a stationary revenue and
the consequent necessity of adding fresh bur
dens to meet a growing expenditure, a good
many more tax-payers will want to "know
the reason why" than have hitherto troubled
themselves about such matters.
Do Vic Xccil Two More Railways to the
raclilcJ
From the AT. Y. Tribune.
In giving place to an able and urgent argu
ment in favor of extending Government aid to
the proposed Northern and Southern Railroads
to the Pacific coast, we need not reiterate our
firm couvlctiou that thoe railroad should
and will be built, and in part by Government
aid. On this point, w have no difference with
our correspondent. We fully agree that tun
national wealth will be largely and rapidly
augmented by the bulMing of these road,
that the annual product of our mines will pro
bably be doubled, and that our publio lauds
(which railroad grants are paid to quester to
private or corporate use) will really be quad
rupled in value, and settled many times as
fast as tbey would be in the absence of the
roat's. The Government's grant of public
lands in aid of the Central liue, so far from
diminishing the area of available public laud
or their value, has largely increased both; and
it would have iuorea?ed them far more hal
not most of the lauds traversed by this roai
been absolutely barren aud worthless. The
friends of the proposed roads oau say nothing
to this effect that we will not heartily iudorsy.
Now look at the other side:
I. Onr national debt is fully twenty-five
hundred millions of dollars. We are saddled,
moreover, with a pension list of some thirty
millions per annum. What with war claim,
etc., the dead-weight which our people are
required to carry cannot be less than two
hundred millions per annum'. And this bears
the heavier that Americans have not, uutil
within these few la; t years, been accustomed
to beavv taxation.
II. This burden is soon to be reduced, we
trust, by funding the bulk of our debt at lower
rates of interest. If it can be funded at four
per cent , aud the consequent saving of in
terest devoted to the extinction of tho prin
cipal, we cau pay off the last dime within forty
years without increasing taxation. And this
is the goal we keep constantly iu view and
esteem a paramount consideration.
III. To this end, it seams indteufrasable
that we should 1. Conviuca capitalists that
we will honestly and faithfully pay our debt
to the last d'imo; '2. Stop increasing the
amount of our bonds alloat and begin steadily
reducing it.
If it were se ttled and generally understood
that United States bonds would never bo more
abundant than now, but would from thi3hour
become scarcer and scarcer, the price of those
bonds would largely and rapidly appraoiate,
and they would be in constant, eager demand.
Instead of sending bond- to Europe and sell
ing them there at to 25 per cent, discount
from their face, we should lift them at ouce
to fpecie par, and toon be selling four per
cents at Libber prices than our sixes now
bear.
Hence we fay, tho first duty of tb.9 Govern
ment is to rei'ublinh its own solvency. It
has no business to be lending its credit till it
has proved its right to eridit. We are now pay
ing forty millions per auuutu more as iutereat
on our national n-lt than it ought to cost; and
we cau never ave that vast sum to our tax
payers till we ttop lending our fly-blown
credit and bngin in earnest the reduction of
our debt. Until that point is tecured we ara
opposed to any new business Undertakings or
pecuniary assumptions by the Federal Gov
ernment. And we think this moribund Con
gress should not saddle the incoming adminis
tration with burdensome engagements and
perbit.tent obligations.
Title to Indian Trust Lauds.
Prom the N. Y. World.
During the last session of Congre33, Mr.
Lawrence of Ohio gave notice ia the House
that he designed (.llciirjg a resolution at an
early day calling on the Judiciary Committee
to inquire and report whether public lauds
sold under treaties with Iudiau tribes are held
by a valid title. Since then uothiug has been
done in the matter, so far as we know, except
ing the passage of a bill by that body later in
the session prohibiting the further issue of
patents for such lauds. The subject is of far
too much importance for it to bn left iu its
present state, aud we hope that Mr. Lawrence
will take it up this session and prosecute it
to a settlement. The people in general are
interested in a proper disposition of the
publio territory, and those individuals who
have acquired such lands have more
than a common interest iu the question
of their title. If the title bs invalid, the
sooner we know it the better; and if valid,
then the prejudice against these lands cau be
removed, the restrictioHS imposed by the bill
named be set aside, and their sale be con
tinued. The question, of courae, brings up
discussion of the still more important one as
to whether the President and the Senate pos
sess the power to dispose of any portiou of
the publio domain whatever, or whether sale
shall alone be directed by act of Congress.
The point is one to be decided. On the one
hand, it is held that no such power is vested
in the treaty-making branch of the Govern
ment; while it may be entirely competent lor
it to receive aud hold territory acquired by
treaty stipulations, it is thought incompetent
for it to dispose of that territory. The Presi
dent and the Senate have power to make trea
ties, but it is believed to be reserved to Congress
to dispose of the publio territory. Any cou
struction of the Constitution which permits
the existence of two independent laud-controlling
powers derogates from the consistency
and general wisdom of that instrument. It
we are to have two land systems, what pro
tection can be had against that land monopoly
whiwh it has been sought to prevent, except
by the two disposing powers agreeing to adopt
the eame policy ? Aud there is no permanent
protection in this, for, if continued adherence
to that agreement at any time became distaste
ful to the Indian Office, the re would be nothing
to prevent its disposing of tribe-lauds held in
trust under regulations of its own and in
abtolnte contravention of the general policy
efctablithtd by Congress. Such a condition
of things would be ia manifest conllict with
ILe jublio welfare and sound government.
We will state, for the beni tit of those of
onr readers who may not already know, that
tLtie trust-lRuds comprise the territory sur
rtudercd when the tribes move further
west at the (ioveinu nt solicitation; it being
customary in our day, in pursuance of a
doubtful policy adoptei by the Indiau Office,
to grant new reservations for their occupa
tion, and receive the old ones in trust for
tale, the proceeds to be applied for the t -ue-til
of the tribes iu interest. The right of the
department to dispose of these lauds of its
own independent will isbaed upon the autho
rity which, it is claimed, goes along with the
treaty. If the Indians possessed the legal
right to convey the lands in question to the
Government, then it would be competent for
them to dispose of the territory as they might
tee lit, and to appoint whomsoever they might
desiie as their agetts for the sale; but they
have no such liLt. It has frequently been
held by the Judiciary that the occupancy i3 in
the tribes, but that the title is iu the United
States, and that the former have no right
of conveyance. And as to the power of sale
which goes along with a treaty, the
Suurtme Court has decided, on several occa
sions, that a treaty with these people'cannot
extend to disposal of the territory occupied by
them; that they never did and never can have
an absolute title in the soil, but simply a right
of occupancy. It has been decided over and
over acain. it is true, that a Government grant
of Indian lands is an unencumbered fee, be
cause of this very occupying right, and the
encumbrance cannot be removed until that
right becomes extinguished. But it ia not
txtii'guuihfcd by tribal conveyance to the Gov
ernment; that Is effected alone by relinquish
ment of occupation. We know of no instance
iu which it hait been conoeded that a tribe has
the right of tale. There is no Indian right to
fell direct to foreigu nations or to pri
vate citizens, yet the power to do so is
certainly recognized under the existing
Bystem, for these lands are received from
the. tribes the same as if they held a pos
sessory right. The supremacy of trea
ties as law is' admitted; but wo do
not po so far as Mr. Pinckney, who declared
that the treaty-making power is competent to
executo it?elt eveu to the extent of appro
priating money out of the publio treasury;
holding that eucb an appropriation was law
within the meaning of the eighth section of
Article I of the Constitution His construc
tion, however, has never beeu adopted, for,
from tho year 1710 down, the course of the
Government has' been different. The entire
Scope and limitations of this power were dis
cussed in the Convention which franwd the
Constitution in 17fc7, au 1 also in tho Virginia
and North Carolina Conventions hold in the
following year; but no such right was recog
nized as the one now claimed aud exercised.
Both Washington and Jefferson sustained doc
trines that would deny tho right of the treaty
power to dispose of the publio lands under
any circumstances; and tho reasons must be
obvious.
Aobumiug that tha prevailing praoHeo la
lawful, it is doubly injurious; for, while it
claims to be for the benefit of the ludians, it
is to their Injury, and i3 prejudicial to the in
terests of those ' citizens who desire to eut-r
tho public territory for bona fide, settlement;
for the tribes are certain to be cheated iu every
case by speculators, anl the property ob
tained be held at speculative prices. Millions
of acres of the public territory are being sold
by the treaty-making power, aud are being
benight, in a vast majority of instances, doubt
less, iu full good faith by parties who have
not the slightest suspicion of the validity of
their title. Are these sales valid? Let Con
gress deddeji
BRANDY, WHISKY, WINE, ETC.
p. m.
y. p. ra.
Y. p.
sror' I'i'BK uiAir wiumv,
TOl!U' riTHE PIAI.T WHISKY.
Thfre Is no nup.tton reisU'.ve to tha merit;; of the
((Jcb.-binl Y. V. M. itld lUnirfaiquantyof vvhlnky.
i ML'!'.rR" '.r.re(l Irom the ht terulu tiloiilei tv tue
I Lj'i.ulf -ipiiln cmrn t It 1m no:d iu iho low rate o
t in-r tullon, or125 pt'r quart, M. the Htilcarooiuii,
Ko. 700 L'ASSYUMi HOAI),
11 s 2t5 1'HlIiAl Kl.t'IUA.
QAR STAIRS & KIcCALL.
Nos. 126 WALKUT aud 21 UKAMTE Si.,
IMPORTJSKH Off
Brandies, WIucs, tilii, Olive Oil, Ltc. Etc..
ASJ0
OOMM1BBION MKKCHAT!-
tOR THE 8AI.K OF
PUKE OLD KYE, tVJJEAT, AD BOUK-
BOX WHISKIES. , llt
INSURANCE COMPANIES.
FIRE ASSOCIATION.
UCOErOEATED MAKC1I 27, 1S20.
OFFICE,
No. 34
NORTH FIFTH STREET.
IKGUREGBUILDIHCS,
HOl'SEIXOIJ) FVltXITUKE,
And Merchandise Generally, from Loss
hj Eire,
Iu the Citj of rhiladelphia Oiilj.
Statement of the Assets of tho Association
January 1, 1S09, published in conformity with
the provisions of an aot of Assembly approved
AprllS, 1812:
UondB aud mortgages on property In
tUeClty ol i'hliuuelpnia only..... 81,239.65,'J-Sl
tirounu Hunts " " l7,3oi'h5
lteulKHlaie 51,!SLU'23
City Warrants (iiij uu
Furniture and Fixtures of Oilice 4 51 28
U. H. 6-20 Keglslered Bonds 45Oih) 0O
Cash on hund 4ti,'j!t ott
Total Ei.wd.cyj'OiS
TltUSTKKS.
Wji. II. Hamilton, Samuel ErEUAWK,
I'eter A. Keyse Charles P. I3oweu,
John Cakrow, Jesse Liguti'oot,
George I. Yocxg, Robert Suoeiiaker,
JoEEru It. Ltkdall, Teter Armulustei;,
Levi T. Coats, M. II. Dickinson,
I'eter Williamson.
WM. II. HAMILTON, President.
SAMUEL SPARIIAWK, Vice-President.
TTILLIAM T. BUTLEli,
Jl 16 Btuth3t SI. CUE r Aii Y.
pll'EKIAL EIKE liSUKAXCE COSH AM'
LONDON,
tM'AltUMIi;!) 1S03.
raid-tip Capital and Accumulated Fund,
08)0 0 0,0 0 0 IN COLD.
l'i:i;VO,NT A HEItKlMJ Ageuis,
11 4 3ni. Ko. 1U7 BnuUi TalilD Street. Fhlla.
CHROMO-LITHOGRAPH sT
PICTURES FOR l'RliSUXTd.
A. 8. ROBINSON,
NO, 910 CHKbNDT Street,
ITnn JiiBt received exquisite specimens of AUT
BCiTAilLK XUll UUUUAV CUi i'S.
HNE DllESDJLN -ENAMELS" ON TORCKLAIN,
lu ureal variety.
6PLFNDJD FAINTKD rJlOTOGRAPUa,
lucluUlUK a Dumber ol choice gemn.
A BTJl'EKIl LINE OF CHKGiilOH.
A 1rgf assortment of KKW KNOHA V1NU-. Bto.
AIko, UlCJd bl'YLiS THAMES, of eh'Kunl l'nvv
ldUtiuu. 81jJ
INSURANCE COMPANIE3.
UNION MUTUAL
INSURANCE COMPANY
OF PHILADELPHIA.
INOORPOH A.TED 1801.
Fire, Marine anil Mai Insurance.
OFFICE,
K. F. Corner TIIIIM) nnd WALNUT Sis.,
EXCHANGE BUILDING.
Tlio following f tiitcmcnlol tUa nlTiirs of the
Compnuy la published lu conlorrulty with
provision of Its cliHi ter:
Marino premiums written to Jan. 1,
i siii sico.ms 10
Do, not eurnod Jun. 1,
IsliS 50.711-13
Fire premiums written same
p. nod J0.-in3J
Flic premiums not earned
Jan. 1, litis S7 J1S7-4I
7U,.S0l)-78
J:).7Utl3
Tarred premiums to Janvmrv 1. is.:):
Marine rlhilt? 117 M
I'irp risks H7,-7U 1j
Amount, received lrom in
terest on invemmeutH mid
(salvages 17,0!U-77
I.ORH.B, expenses, etc., satoppiTi'irt:
Marino losses Jil l 10 i sj
Fire lot-He? I V I VV ()
Kents mid Buhirlcs 11,1 yz 07
Ki-insuritiicts and cotoniis-
Hioim 11,771 CO
t'nl ted H atis liistH !d.rl:M'J
Deductions In Uuu of ncrip... ti 7.30 Do
ltilJjl'Uj
A'tsots cr the Coiiipniiy Jan. 1, 1SU3
J'.onils,
tetiue of I'enuBvlvauln. counon G ner
cent Pin. ooo 00
City o! riillaitelplii, ti per cent lj.UUU 00
Ut'iiKicn una iimuoy it, it., o per cent,
IhM)
Cnmdun and Aniboy It It., 0 per cent,
11,200-00
17.00J 00
Ctuiiden ai d Am'coy 14. U,, (j per cuiH.
1S75
rcniiHylvftniu 11. It., 2d lii'rtgtiu, li
per cent
Ctichapeuke and Deiiwvurt) Cunul, 0 per
cent
rcuuy)vuuUi 11. li.,lst morlgago, U
per ceot ,
Hcljuy!klll is'avigution Co iu puny, 0
per cent
Pliilndflpliiii and lOiie U. K , (i per
cent
Wyoming Valley Cunul. U per cent
1'lltHliuiK W'atur J,oai), 7 per cent
North l'eiiusylvaniii It. It., ti per
cent
North I'cnnsylvanla li. H., 7 per
cent
I. lilt;li Valley 11. li., 0 per cent
hhurm
PO Utile Sclmyiklll Railroad
YM l'euuKj lvauia llilrond
100 North l'eni'Sylvanlft KaUroad
IS Delaware Railroad
100 Wyoming Valley Canal
OS Philadelphia Rank
KS Farmers' and Mechanics' Dtiuk...
Delaware Mutual Insurance Co...
100 1'lio'ulx Insurance Company
4 American West liiclln Steamship
Company
0 Philadelphia and Moutnern Mail
H. H. Company
1111 Union Mutual Insurance Co
l'J.Ou'O CO
11,01001
1,000 00
10,000 00
10,000-00
11,000 INI
7,000 00
10,000 00
3 500 00
5,000-00
5.000-00
O.OUO 00
5 O00 00
1 .'JiOOO
5,:;oo-oo
0 K00 00
K.K0U 00
00
l.OJUOtl
400 00
5,000 00
23,1' 10 00
Tar value Jill 3, 2-30 oo
Cost ."sitii H3nj!i
RIHk receivable for premiums 21',"(J7,2l
Hutulry accounts duo for prerninmH.. 13'7tWl2
Ci-Nh lu hanks 5JA0I0 11
Cauh in drawer liy.il
22,1. IS 15
Si35,27;j 47
DIKECTOHH.
Richard B. Smith,
William 8. Balrd.
1-raiicis leto,
A. K. Rorle,
John 11. Irwin,
N. A.Hmlth.
William C. Kent,
Henry L.ewls,
J. C. Hteiner,
Kdward h. Clark,
Ueorge lewls,
11. F. Rohiuson,
Hamuei C. Cook,
CharleH Wheeler.
8. Ucibert,
Sol. Townsend,
F. Lavergne,
J. 8. l'orot.
John Moss,
Lemuel Coffin,
C. II. Cumuilngs,
J.U. Tlige.
W. i). Winsor.
James L. Rowley,
HIC1IARD S. SMITH, President.
JOHN KOSS, Secretary. mn
D FLAW AUK MUTUAL SAFETY INSUR
ANCE COMPANY. Incorporated by the
Legislature of Pennsylvania, lsia.
Offlce S. E. corner of THIRD and WALNUT
Streets, Philadelphia.
MAHINE INHUHANCE3
On Vessels, Cargo, and Freight to all parts Of
the world.
INLAND INSURANCES
On goods by river, canal, lake and land carriage
to all parts of the Union.
FIKK INSURANCES
OnMerchandlsegeuerallyj on Stores, Dwellings
Houses, etc.
ASSETS OF THE COMPANY,
November 1, lstis.
200,000 United States Five Per
Cent. Loan, 10-40s S20S.500.00
120.0C0 United Slates Six Per
Cent. Loan, li&l 130,800-00
50,000 United Stales Six l'er
Cent. Loan (tor Pacific R). 50 000 -00
2CO.0C0 State of Peuuhylvaula Six
Per Cent. Loan 211,373 00
125,000 City of Phlla. Six Percent.
Loan (exempt lrom tax). I2S 591 00
CO 000 State of New Jersey Six -
Per Cent. Loan 51,500 00
20,000 Prnu. Rail. First Mortgage
Six Per Cent, llonds 20,200 00
25,000 Feuu. R. Second Mortgage
Six l'er Cent, bonds 21 000 00
5.000 Western Peun. R. Mort.
Six Per Cent. Iionds, (P.
R. R. guarantee) 20.C23 00
110,000 SI ale of Tennessee Five Per
Cent. Loan 21,000 00
7,000 Stale of Tennessee Six Per
Cent. Loan 5,0J1 25
13,000 Geimantown Gas Co., prin
cipal and Interest cuarnn
teed by City of Philud'H,
aoo shares Htoek 13,000 00
10,000 Penn'ti Railroad Company,
200 shares Stuck Il,o00 00
5,000 North Penn'a Railroad Co.,
H O shares Stock 3, 500 00
20,(00 Phila ud Southern Mail
Sieam.Co.,S0shares Stock 15,000 00
207,000 Loans on bond and Mort
gage, first liens ou City
Properties 207,000 00
il.lo'J.000 Par. Market value, 8l,lJ,'123-23
Cost, $i,oaa,ooi,20.
Real Fstate liu.000 00
i'ills lect lvt'bie lor iUHtirauce mada U2-,leU 01
baluiieiM dueat agencies, premiums
on ljiai ine policies, accrued inter,
est, and other debts due the com
pany 40,178-88
SU i-kuud tcrlp of sundry corpora
tions, 8;il"-ti. Estimated value 1,813-00
Cash in bank illti l-WOS
Cash in dialer mx3n
1,(I17,:M7X0
DIRECTOJtS.
Thomas C. Hand, Edmund A. Houder,
Ji;bn C. Davis.
jHamuel K. Stokes,
Juluffc C. Hand,
Thcophllus Pauidius,
Joseph li. Seal,
Hugh Craig,
John R. Penrose,
Jacob P. Jones,
.la m is Traqualr,
Edward Darlington,
II. Jouis brooke,
James H. McFariand,
I nenry siouii,
I Willi- uu O. Ludwig,
ueorge n, i.eipor,
Hemy C Daliett, Jr.,
John I). Taylor,
Oeorge W. beruadon,
William O. bouUon,
Jacob Rleuel,
Spencer Mollvalne,
D. T. Morgan, Plllsburg
John IS. Sotuplo, "
A II Tli.riar II
Edward i,iourcaue,
TnniiuiL V. Evre
THOMAS C.
. HAND, President.
JOIINU. DAVIS. Vice-President.
ITENRY LYLIiUHN, Secretary.
HENRY tiALL, Assistant BecreUry, 10 6
INSURANCE COMPANIES.
PWOVIDIirJT
LIFE AKD TRUST COMPANY
OF
PHILADELPHIA.
Cllico, 10. Ill South kOUIMIl Street.
Philadelphia, First Mouth 1, 180J.
The Inllowlng utatpaipnt ot the bhsr'.s and buMnnM
ft Hit' t 'mummy In U'Oi ln'ieil In oo mini anew wltu the
Ui iiHini iiiKiirntnie L ' " i iHaif of feM.jylvmiu.
Aullioilzoil l piuu iui imui in -l
buriilus t'at'ilat H
J1-4V.H51
Aumts. ,, , J'rr.'C ( -ue,
40 (&"('() fcnr ks a li'"l l-'iis on cry ero-
i riy ' ov, no
0,flO U (.tuunil r.v.an 6 N ,n
:(....: i Id t lilted Dimetti " eo it., buuits, B-iOi.17-7." .
to DM' I II 111). CO. OO. 1.1M 1., (.1 ( ).,
:u,m.(iui no. :o uu. mr-
rnwy I I'irrt -onii n
1 C r.y Cum '1 f n-vt ft per oui, ciur-ney
1I-4U4 I.TOnT'i
y.wf (u 1 lty t! I'n Ki:e:rl.ia ir c-'.il. l.'u-i ti ...i
M hi li" .In union Pninim'1 i i t: i.. Iki .iIh... -i ,ji)vn
'I win. ou Hi.lnof Pun iij lvi.iiin d per ei.nl,
IkiihIh - 2,ti i0 o i
6 0011 Hi J.i h'K li Mv -IKRI inn I'uuipii.r 0 per
eel t. I.c.i .', n. d,
JK.172 in ' 2'-. hiu.te ' i i ti :i Ni.t to- ul l. n. , ,
h.l'.'-.'l.T Ml MlHl I S tit. Ilk OT 111..' il.!' J'U tl K! rt
5tcr'iil Ihi Bl-.il-( ! L.'I.Un Vu.i.'v iiaiiru.'.iJ... . , i i , ,
V.V',.'i hi -j imres r n tnl I) ;ii.Mi C'n... ' w(
ilt7 -Ji'H HI l.ehi.rt on enlla f '.1 eiu ;ty 17 7ji si
lil.4i.t) 00 MiiKlry K'f H' -l i 1 't'-l'iiil -d n I, n m
fcr 'i.i i ' i..'U jt l:ue,-fn: 'It so i
lis l-os-.VS Ciif.li till I :n, it ,s i.,
lo2 HI tin l'r' u.liim im'.iH so .vi mi i,v .aiiM .
Pu.ieiLi: -i i j,
Oltire FlMurf.i :,nv t
a- ll III 1.: IMS i t At ,1!-, . i-. '.H 1 i
Value el 1 -i"i i-i O i'rw
j.i'nnis Jr-r il.e cu.n
year ,','i;s t
in i.ldl 2.
'.C-1M.CS(. F 1 II l.i UV I'AN Y foil i-,S
. ? '71.-;71-8J
I'll V 1UI1IH, IllCllIt ll , I'llMlUa -l.H 7 HI
imiiriM uu rum Mil Kiii.O lit' .'i 77
li.urtst ou Auau ly l uml 1 fttn ; i
Cosh In luirCs of Aki'iUh and le
it mil i'H-iLiiuu u
(isn;:j
Leia Aectila' Comii.t-iiloiia
Jul? rest on other li.vsimeniH 4';''i;l'
Pi.'licu a Ifsnt il In l.-iM, lmi .iiuuitai; 'Z'i zji iN,
Policies (iUiBiaiidii.K, i- 1. 0, 81, laos, ain iu-
binii.i; O.CI'.i :i:i; 1 u
y Uiui.1.1. el Aiiiuiiues .,(,1,1 li, jn,M 1 ,'ij y-i
'1 11, R! li 111 lu 11 1 i)t 1 nun 11.1 f nld In itj.,3 1.7111
J,iivec liy it.aili, lu.iniifi ii'g suveii ..tiuiiuj
'J utal a.-umnil ol i.tuiuu liuiu lim innuioi
Hie l'niuiHiiy Msorcu
1- xi er.f-ei Kir lbt- I'..! 7".i 3j
l-.tuliules 10 ln'innlifcis hiiI Tiusls 41J,07S uo
SAM'BL It, Ml IPLK Y, Pieaident.
W1X.LIAM V. IOMim'I HUTU, V ee-Prc.siiluai.
KOU i.AlSli PaKUY, Actury.
lilHI'.Cl'DIW.
Samuel P.. Shipley, num. nicimrd L'n'ibury, I'lilla
J'i in a ii. Mo. rib, " . ilos.ry llulnui,
liltliurci uoil, " 1. VVlHl(r lii'nvi,
V.'. iiacker, " )Viii. t!. J.iiu'siieili,
Cliarlis P. f.-nilln, HieliiiKuni 1ml.. 11312,
J ft ti U R E&
AT
in the
h o r.i c
Fciiii SlrJual Life Insnraucc Co.
o. ciiisui St., riiiiadcipiiia.
Assets, $2,000,0".
CHAUTEBKJj UY UUK OWN 13 TATE,
tlAAliEU BY OUlt OWN CUlZKiSd
i'ShS J?11UJ1J?'1-LY PAID.
POLICIES ISSUED OS VAUloUd PLANS.
Applications may be nmile nt the Hume Oilice, uuj
the Agtmcles thruughout the Sute, z lei
JAM Kb lltAtJtAlK. PiiEolDKNT
AJHl.M4 Mi. Nl.ll. ViOJii-PltltallJiuM'
JAO. W. JlOKMiK A. V.P.undAOlh-AUY
t HO It Alio S. SitiHH.Mi MKCitarAHY
libUltAjNCL C Oirr any
JL o
NOBTM AMERICA,
no. 262 walnut street, puimda.
IKCOKPORATKO 1734. CHAKTEK PKB.PKTOAL
Aiarlue, Jkuiauu, aua tu Insurance,
AfcSETS JAKUAKY 1, 1868, - $2,001.2b'6-72
itO.000,000 Losaea l'aid ia Caai Eiaco iti
Oraaiiation.
TITU 11 ll'HRH.
Ar'Jinr O. eonin, George L. nrrisoa
Junn A. iiron n,
CliHi-iou 'lnylor,
Amiiruse V. hue,
Wliilani WelHh,
illiin.ru li. W ouil,
. M.urrlu Wain,
IU enn
Ea ward H, Trotter,
.c.uwaru o. uiaiio,
T. Chritou Heat j,
Alfred l). Jeuuu,
Johu P. White,
Iiwula CI. JklttdelrHi
Charles Platv, fciuureiary.
W1LEIAI1 BUH.J.I.LKK, H.rrlsbnrc, .Pa-, Centu
A tent ti,r the buux of l'enim7lVBul. liaf
Franklin FircIiisurniicc Co.
OFFICII:
13J CllESSUT STUlifl.
Acs 435 aud
ASSETS ON JAJIIVABT 1. 1S68,
A"uJsrsuvkz Jow'tSSSS
I Hi.aH UjU&.., l,131,8Wj
UJSBJtXTUa CLAlAlb. JJSUOlHifi FOU ldti7
aa.oa-a sao,ooo8.
COO.OOO.
Porpeinl ma Tempumry Poiionx on AaberM Xnrmi
EIKiOTOKa.
Churlt-a N. iinnckei, Airreu Filler,
ktu...i.. lirlliil
1 llCUltW hi,.ki
(ifcorge W iilcllfkrtis
lr..iLi! 1 .fc.
WiutMui ti, uraut,
A Urea U. li.ker,
Ctfure x'Alts,
tiSA&WlZ'f .J,.(Ji4. Prudent.
luuuiua JLinti!
JA. V. WcAi.Llhll5.it, becrottiry pro teuiT
Except M Lexington, Kentucky. (4 iiiS., hXM
rlllEMA' INbUitAISOli COMPANY ni.
PillLAUELl'iilA. -uJitAttl Ol-
lJ.'tOKi'UuATJ.li mui-C'llARTKIt PS'Uph-ttt . r
Ko. A VV aLi b'l- .rett, ci'Po.Ho ttfe KJ,L
Tliib toiuiii4uy liu.tirs njoiu ioaa or a&mi by
ou lit.eral terms, oil bullainKnuierchaua'se farultnr,.
cic.,iorllu ntil pouoHs, una I'trmitu" uily ou bu l.i'
.'.IhWlI'."? '' '". ulHlveleiat!oii for more
liacblX'li aurlug which 11 IuZm hu
lioeu pfOiiuptlytkajii-ii,u ,.uH, '""aw ave
r ,i . r ui JjJLx.EC'l'OlltJ.
lt,l0'si" ,Uuvia Eewm,
,.A'-.r,,flj"ljy' lieiijwuiu EUIuk
Jul.i. T. levviH, TiiDumi u i,',,'
a H um b. oriut. J"''
1). l.lhi V harlon, biuiuel Wucox
l.Mwreacel.nwis, Jr., Lewis c. rjiirrfs.
Sahusi. Wilco". President.
B'IKE INSUiUM'fcf EXCLUSIVELY tT?E
x'A N lHcorporioU ltiCharter fBrSiumi v
5iu WAU UT Bu-u. ocoslie luaepeKce",?"
Thin Couiimny, luvi.rnh.y kuowu 16 thecoiuSun!
(or over lorty ea, cnhniiaen to limure bkhTusI l.il
or dnuiftKB toy tire ou publio or Privuto Wu!idl.i
.lllier permanently or fur it limited tlua8. Also n
Furniture Htocks ci Uoodn, ud MercuaudlM
riiily. ou liberal term, .rt,auuie gnu-.
IhelrCapl'.ul, tOKeiht-r with large Burnlns 'n,.
Ih Invutileu in the mimt c.rhinl man.ior .i.7..z .Bnn'
int ru to Oder to the Huured an undoubted "curuv
the case or lOU. sacuntr la
bibkOtob;.
Imnlnl K. i.lth. Jr..
John Oerereax,
Alexander llei.non,
laao n azli hiimt,
oiniia,
ileury l,oWiS
Xhotiia liooino
"i.Hiilel Ilddocirj, "UU1 C"'
i.iisi Hi, isail'l ii Tw Plantdnnt
TV'M, O. CBOWELL. beuieiary. ' J f Bui
gTRICTLY MUTUAL.
PROVIDENT LiFEAND TRUST GO
OrriCE, Ko. Ill . ftOllM'lt HTKFIT
OryaulKKd to promote U.FK IJSoUltAMnir
liietuuers ot lue AJNLi woui
bOClETY OF FP-IESDS.
Good rlski o( any claw accented,
Policies Uaued wroii approved piaus. at u,, Iowhm
President,
. BAMU1L It, ltPr,KY,
Vlce-Presldeut, WlLliiAW v. LQttbVniHi ,t
. . Amiftry, KmVM S1)'A ;V