THE DAIIn EVENING TELEGRAPH PinLADELPHIA, FRIDAY, JANUAJIY 29, 1869. SPIRIT OF TEE PRESS. EDITORIAL OPINIONB OF THB LEADING JOCBNALX UPON CDBEBtrr TOPICS COMPILED EVBKT PAT FOB TBI BTEJIRO TELBOBAPtt. The Kill to Wipe Out 1 lie Mormons. from the If. Y. Herald. Mr. Ashley's bill concerning tbe boumUriea of tbe Status of Nevada, Miuuenota, and Ne braska, and the Territories of Colorado, Mon tana, and Wyoming, having been twloe read On the 11th irmtatit, referred to tho Committee OB the Territories and ordered to be printed, was on the 14 ih instant reported bajk with amendments, and its iuituer oondideralion was postponed until tho 2bth instant. It is, almost without digitise, a bill to wipe Out the Mormons. liy parcelling the region wbloh, it is bnt just to say, was not long ago a wildernesB, that the Latter Day Saints by admirably organized and persistent industry hare made to blossom like the rose, this bill proposes to divide the Mormon forces ami thus bring them more directly than before under the control of the United States (ioverntueut, of the common law, and of the almost uni versal sentiment of Christendom condemna tory of ptdygatny a preaohed and practised by the disciples of Joe Smith. We have nere nothing to say of the personal schemes of political ambition and land specu lations involved in this bill. It is of compara tively little importance to tbe public at large whether the pvnage of the bill would help Mr. yiebley or anybody else to become Gov ernor of Montana and future United States Senator, or cheaply enrich this or that specu lator at the expense of tbe Mormons, who have already done so much to develop the resources of the distant regions to which they were driven by religious persecution, and from which it is presumed they will again be driven in consequence of the passage of Mr. ABhley'8 bill. It is likely that this bill will meet with spirited opposition on the part of Mr. Hooper, delegate from Utah, and Mr. Bur leigh, delegate irtm Dacotah, which also is wiped out by its provisions. Others are pledged to protest in Congress against the inex pediency, if not the injustice, of such a muti lation ot the map of the Uuited State3 as Mr. Ashley proposes. Unquestionably CoDgress, as composed of representatives of the people of the United States, ha3 a perfect right to legislate with reference to all territorial ques tions. It has the right to sanction the parti tion fef the State of Texas or that of the State of Michigan, so earnebtly desired by the in habitants of the Upper Peninsula, who would like to have it ced;d to the General Govern ment for the purpose of organizing the Terri tory of Superior, and who olfered at the recent Territorial Convention at Houghton very strong arguments in favor of this purpose. But the question of the proposed partition of Utah and the abolition of its Territorial Government presents a peculiarly difficult problem. It wonld be undignified for the Government of the UniUd States to try to cut the gordian knot of this problem by anything like a Yankee trick. Without discussing whether Salt Lake City polygamy is or is not worse than unreoog. ni.ed poligamy in Boston, New York, Phila delphia, Washington, London, Paris, Vienna, or any other city in Christendom without comparing it even with what we consider the much leBS objectionable system which pre vails in Constantinople we must say that in our opinion the question be'ore Congress is mainly of expediency. Congress has sow to decide whether it is more politio by obnoxious, or only apparently obnoxious, legislation, to afford the Mormons the im mense advantages which every religious sect derives from persecution, or to leave to the Pacific Railroad, with all its irresistible oiviliz inginflnenoes, the task of speedily eflaclng in Mormondom whatever is inconsistent with modern ideas of progress. It is not improba ble that Mr. Ashley's bill, which would cut Utah to pieces and give the fragments to the adjoining States and Territories, which also divides Minnesota and Nebraska, and which despoils Idaho by giving naif her territory to Montana, will be defeated. Uencral Butler's "Similitudes." From the N. Y. Tribune. General Butler, as a financier, has done better than some; he has added to the stock of publij thought, and has widened the popu lar view of our financial situation. It is too early yet to predict whether any of his sug gestions will become part of the financial policy of the country. We regard his speech as far more able than his plan, lie plans badly; but the worse his plan the lluer the opportunity for displaying his powers of speaking well for a bad client. He proposes that the present greenbacks and national bank notes be withdrawn, and Treasury "certifi cates of value," or pictures having a "simili tude to money" not redeemable In gold, but only receivable for taxes and customs, and made legal tender in payment of all private debts, be issued in their place, to the amount, in disbursements by the Government, of $350,000,000, and to the further amount, on the application ot bondholders, of 90 per cent. Of all the feix per cent, bonds outstanding, provided the holders of those bonds shall deposit them with the Government as secu rity, and pay 3 u'5-100 per cent, per annum for their use. Fractional ooins are also to be issued of the intrinsic value of 50 per cent, of the nominal amount of the present frac tional currency, now worth in spade 75 par cent, of its face. The proposition closes the national banks as banks of Issue, and con verts the Trearury into one vast national bank f issue, authorized theoretically to loan the bondholders, on the security of $1,750, 000,000 of six per cent, bonds, a volume of enrrenoy amounting to f 1,575,000,000, which, with the $ii50,000,0O0 of currency to be iss ied in redemption of the greenbacks and for Gov ernment expenses, amounts to a granl toul of $1,925,000,000 of currency thus legally authorized. The question how much of this will ever ba issued depeuds, by ttie terms of the bill, not on the will of the Government, or of the Seoretary of tbe Treasury, but on the interests of the bondholders alone. The principal bondholders are at pre. entth-i national batiks, savings bauks, insnrauce and trust compa nies and foreign and American capitalists de aler! them as a means of investment. It is Important to bear in mind that very few of the bonds are held by the commercial and business classes. Mr. Butler argues taat this enrrenoy will be uniform, eouud, clap, sta ble, and elastic. He cannot mean, by uniform, that we will not still be compelled, by good ,), law. and express contract, to pro- -m. nin with which to pay the in- lavaaf An fin T live per cent, and six per cent bonds. To this extent we must still hva oue currency for the Government ana us creation, and denreolated one for the people. In order to provide coin for paving the interest on the bonds, if our customs as veil as internal taxes are payable in these similitudes, the Government must sell them A Its tmndft In ttiA market to get the gold. Either the Government must repudiate the interest (as well as principal) oi in uli and its express promise and written law (s well It" -I00 faUb), or it must in some way receive and payout about ijslUHKMXO in gold per at cum. To this extent our car- I lencies wonld be no more uniform than befor. I '1 bat the Government oould buy half a million of collars in gold a day with paper "simili tudes," which can be Issued to auy required extent, ai d contii.ne to do this from year to jearnntil tbe country wonld have "grown np to" ttfecie payments, more smoothly, cheaply, and tfficieutly than it oould collect that sum for duties, General Batler my fully believe. We do not. He explains to us with preat clearness that the valae of our pre sent currency depends upon, and is conferred by, that of the bonds, insomuch that when the rectnt German war caused l'rassiaus to sell our lords largdy, in order to invest in tho tew loans their owu Government was putting on the market, and in consequence our bonds declined, for a reason wholly disconnected with our own credit or business, all the efforts of Secretary MuOnllocu by selling gold to previBtour greenbacks from deoliuing also, as shown by the continued rise in gold, were unavailing. Greenbacks fell to the level of our bond. General Butler was on a good scent here, and he should have followed it further. Having shown that the value of our present currency depends on that of the bonds, be should have told us what the value of tbe bonds depends upon. He could not have avoided the conclusion that the value of the bonds depends upon the adequaoy of the provision made by us for paying their ooin in teiec. Capitalists judge ot the value of any investment by the adequacy and certainty of tie interest. If that is kept right they can get the principal at any time by selling the bond. German, English, and American capi talists will pay only 75 per cent, of its face for an American bond, because under our system of government there is about one chance in four that, all prcision for meeting the in terest will be repealed. Our bonds sell a 78 at Frankfort, because we can show our Ger man friends that we have a gold revenue ef 4100,000,000, all pledged to the payment of a coin interest of only $130,000,000. If ou this argument alono the consents to pay 78 cents per dollar for our bonds, and if this causes our greenbacks to be worth 72, what would either bonds or greenbacks be worth if, as proposed by General Butler, all provision for a gold revenue were repealed, and the Gov ernment oould get no gold whatever, except by buyii.g it in the market ? What would he the nature and extent of tbe "corners" and the gold gsniVliDg which wonld result if the brokers of Wall street knew that the Govern ment must buy gold at tbe rate of half a mil lion a day in open market, or repudiate its in terest at the end of six months 1 Whether it may not bs possible at some future time to bate a paper currency emi.ely u credit, to have it irredeemable in gold and yet maintain a steady v:dne in exchange for other forms of wealth, is a proposition apparently Utopian, but upon which, as we have said, we aro not disposed to dogmatize. We do strong'y be lieve, however, thut if to-day General Butler's bill repealing all provl'ious for a gold revenue from customs, with whioh to meet our annual interest, were passed, our bonds would tum ble down to twenty five or thirty cents, gold would rise to three hundred, the Government would find it impossible to buy half a million of gold per day with its new Batler "simili tudes," and, unless it promptly returned to its present poBi'.ion, it would have to repu diate its interest within six months for want of coin. General Butler argues in a circle as to the value of these "fiimilitudes." He says they will be valuable because they will pay ous toms as well as taxes and debts; but he for gets that the value of the customs will de pend on that of the currency in which they are paid. He cannot rest the value of his similitudes on the customs duties and the value of his customs on his similitudes, with nothirg for either to rest on. In reality, the value of the "similitudes" will be only what they derive from being "legal-tenders;" and this, as General Batler shows, depends on the value of the bonds, which in turn depends on coin interest, which General Butler abolishes, by abolishing a coin revenue. This lets the bottom out of his whole plan. General But ler's currency would fail in soundness, there fore, even more signally than in uniformity. General Webb In Brazil His Contro versy with Admhul Dans. From the If. Y. Time. We have recently published in the Times a very interesting official corres pondence between General J. Watson Webb, our Minister in Brazil, and Admiral Davis, in command of our squadron on that coast. It seems that, in its official publication under direotion of the State Department, this cor respondence has been very materially emas culatedthe Secretary not deeming himself authorized, under the call of the Senate, to publish so severe an arraignment of the action ef the Navy Department as is contained in the letters of General Webb. It will be seen that General Webb deals with tbe whole question, and with all the par ties involved, with characteristio frankuess, independence and impetuosity. Where he has instiuctions he follows the line ef oonduct which they mark out, with vigor and fidelity especially if they seem to him adequate to the emergency; where he has none he acts all the same never hesitating to "take the re sponfciLiility" upon himself. The whole difficulty, as the publio pretty well understands, ,retv out of tUe refusal of tbe Comitauder-in Chief of the Allied armies, and or tie Brazilian forces, to permit an Ameiicau waivessi-1 lii,t to puss the blockade and convey our Minister, Mr. Washburn, to his destination, the coital of l'aiaguay, and next to bring him away utter his position hid become dangeivuf. Gt-neral Wehb demanded a reversal oi this decision, the censure by the 1 GoveiLiiieut of the Secretary who untie it, and such gtteral lvdrees us the insult to our Hag Set med to require. railing to secure either of these deuisuds, tbe General ukiIh the peremptory demand, either ur pel uiis.-iu tor the Wa.-p to go thiongh the i lork.(J:i'g lues, or tor his pass ports. Aihtiirul Davis who eeuis to have taken a dulV n nt vie'v ti i:h of the Minister's duly Hud of hM own, ieuioustrated very titrfi'itlj gaiu-t the. d-inamis made by Gene isl VeU, uhich, instead of inducing him to waive them, or modiiy thtui iu auy respect, ( nly lud the t U. ct ot drawing tbn Miiieter's attention to tin Admiral' derel'e'ioii of duty, ai-d to bring down upon him-elf a very sharp aud protracted eorre? pourteuoe. ll is cliiiimd, ou Gtlieial Webb's bshalf, that bis prompt aud vigorous interposition actual 'y saved tho lives or Mr. Washhuru aud bis family-- while in doim; this he had to con tend, not only with the Uif.lliau Government ai d the chiefs of tbe allied toroes, but with the inactivity and incompetency of Admiral Davis, of our own squadron. It will not be denied or doubted that he acted with a degree of promptness and vigor, and with a para mount regard for the honor of his country and the safety of bis countrymen, quite chaiacteriBtio of his whole career, both at home and abroad. b'vun. IWnjr. Iu the "Tribune." FiomlheN. Y. World, It is a heinous thing and not to be borne which tbe 'Jribmie has done iu respect of Geu;ra.l Oraut. There wy be miuiv uituis of many men as to the civil oapaolty or the mili tary merit of General Grant, but there can be no rational dissent from the proposition that be is at this present writing a "high per sonage" in the land. He is the actual Commander-in-Chief of the Federal foro-a and the prospective Chief Magistrate of the Republic. Tbe reduction of the army may have impaired his importance in the office which he is about to resign, and the distrust of his radical sup porters may curtail his influence iu the ofllie which he Is about to assume. Bat a General of the Armies muat always be a functionary of some consequouoe, and a President must hierarchically represent the collective diguity, even if an usurping Congress forb;d him politically to exert the collective foro. of th-) Republic. And therefore it is that the Tribune, by sun dry recent publications concerning this con spicuous citizen, has made itself guilty of the ancient and abominable offense of scandulum maynatum. This ollense consists, according to the statutes by which it was first defined in the reigns of Kdward I and Richard II, "in any wrong, by words or in writiug, dona to high personages of the land, such as peers, judges, ministers of the crown, officers iu the state, and other great publio functionaries, by the circulation ot scandalous statements, false news, or horrible messages, by which auy de bate between them and the Parliament or any scandal to their persons might ariao." Such a wrong is scamhtlum matjiialuni. It dilt'ra from mere promiscuous and maligmtut lying about private persons in that it ia reduced to no certain rules and definitions, but it may be whatever bhall be judged to ha deroga tory to the high character of tiie person of whom it was spoken. Au old Nisi Prius report tells us that, while it wa3 held to be harmless to say of a common person "he is no more to be valued than a dog," it was held to be scanrlalum tnutnatttm to say the Bame thing of a peer. In like manner, while it would be harmless for tbe Tribune to say of a common person aB, for example, of U. G. before be is raised to the rnuk of Bnvoy to England that he "lies" or that be is a "villiau," it would be scan, wag. to say the same thing of H. G. after he bad been presented as the American Minister to her Majesty Queen Victoria. Or for the Tribune to have said cf Ulysses S. Grant, tanner in Galena, that bo "didn't know his own mind," or that bo "went back on his own words," would have been harmless. But for the Tribune to say, as it said the other day of General Graut, "by authority," that he denied ever bavins utteied "to any human being" any opinions whatever on public ques tions and public men, was an open scand-Jun mugnalum. Apain: For the Tribune to have said of any private person as, tor example, of George Francis Tiaiu that he objected to the treaty just negotiated betwt ju Uugland aud America, because the "true tueasuie ot our American claims against Kugland was the sweeping of our whole commerce from the seas and the prolongation of the civil war for a year by Kuglish sympathy with the Confederates," would have been harmless. But for the Tri bune to say this, as it said this Wtduesday, "by authority," of General Grant, was also au open scumlalum magnalum. For though such words of themselves really may mean no more when put into the mouth of General Grant than they would if put into the mouth of George Francis Train, still such is the responsible position of General Graut that tbey commit him to one of two alterna tives, either of which is a "horrible" thing to think of. If they are to be supposed to pre figure the foreign policy of General Grant, the utterance of them must be interpreted either as a most uuworthy and artful attempt to prevent the outgoing administration from effecting the settlement of an important question (and this, by exerting an unoansti tutional and debasing influence upon the Senate through tbe personal hopes aud fears of its members in the matter of patronage yet to be), or as designed to make tbe English Government recede from the treaty, by put ting that government, as it were, under a direct menace from the incoming American administration. If, on the other hand, they are to be sup posed to represent nothing at all but an ebul lition of personal feeling and temper on the part of General Urant, then tne utterance oi them would put him into the odious light of seeking to persuade tne popular mind that, it the country would only nave watted until after his inauguration for the settlement of the "Alabama claims," the country would have seen Great Britain compelled to atone for her misdeeds by the payment to us of tne dille rence between the value of our foreign com merce in 18U0 and its value in 18u'5, plus the whole of the last year's expenses of the war a sum which, in the aggregate, we need not say, wonld go a long way towards olearing oil' the national debt, ur course, uenerai urant never uttered the language imputed to him by the Tribvne, But there are many lly- gobblers in the land, readers of the Tribune, who will believe that he did utter it, just as the same persons en the same authority be lieved that he really did deny the authenticity of the much more rational and respeotable observations recited as falling from him on a variety of topics by a trusty aud intelligent correspondent of the Wot Id. And therefore, we repeat, alike by Its denials and by its affirmations, the Tribune has committed the crime of scan. mag. against a "high personage." It has done its worst to discredit and make him appear ridiculous. If the perpetrator of these misdeeds will give himself up, we should recommend his being let off with a few years In the Dry Tortugas. If he obstinately bides under Windust's table or in the crown of U. G.'s hat, then let tbe whole Tribune staff be arbitrarily arrested by Superintendent Kennedy, aud subjected to the peine forte et dure of reading Badeau's "Mill tay History of General Grant" or Greeley's "American Conflict" until the guilty person bhall consent to plead. Congress Nothing but a Caucns. Fi-oni"Z!rck" I'omeroy'a If. Y. Democrat. Under the despotic rale of the radioal ma jority of Congress, legislation has become nothing but the partisan action of a political caucus. Everything is decided upon in a caucus of radioal members, and then is put through under the spur of the previous ques tion," cutting off all debate, almost choking down all thought about matters of the most vital importance to the present and future well-being of our country. ine inbuilt t Washington correspondent of Tuesday saye: "A caucus of the Senate will be held to-morrow morning, for the pur pose of considering the relative importance of tne vanous measures before Congress, tul ae teimining the course of action thereon." Hear that, people of Amerioa I All the action of Congress is "determined" iu a purely par Mean caucus. There is no act of your National Legislature that deserves auy higher respect than tne edict oi a caucus. So far as the dig nity and justice of legislation are oonoeruid, this caucus might jnst as well be held in the "Loyal League" pest-bole in this city, aud its daily action proclaimed to the public in the columns ot the tribune, as to go through the expensive farce of doing the business at the Cupitol in Washington. The eutire legislation at the Federal capital ia controlled by some fi'Httn. or twenty radical leaders. Thy cou- ccot all and shape all, while the rest of the radical members stupidly acquiesce in their work, and then the whole is ruched througtt tbe abominable face of Congross by the om nipotent previous question. Now we say these fifteen or twenty leaders might Just as well meet in pome congenial whisky hole for "de termining" what shall be law, and then pro claim tbe same through the radioal press, thereby favmg the people all the useless ex pense of Congress. And this course would also save the Democratic members from the humiliation of belonging to a so called legis lative budy, in which they have really no more Influence or recognized light than they htve iu the negro Assembly of Hayti. For example, there are a great number of vacant, offices, both at home and abroad, aud President Johnson, with a proper regard for the publio welfare, has sent to the Senate nsiiies to fill them. Forthwith the radical leaders call their caucus, and in secret session determine not to act upon a single case, there by leaving this groat number of offices still vacant nntil Grant has a chance to supply them from tbe great batch of thieves who are waiting without to be let into the public crib. Recently President Johnson nominated two of tbe best officers iu the whole army to be advanced to the poft of briga'lier-generals iu tho regular army. The radical caucus was called to "determine" upon these case3, aud it was decided that tbey should not be con firmed, for the simple and sole reason that they fire gentlemen of too much respectability 8':d too much honor to be relied upon to do whatever infamous aud dirty business the caucus may please to demand of them. So gradually both the civil and the military service aro being weeded of all efficiency and all respectability, and their place filled with tbe disreputable tools of the caums. Our Government is a cau cus, particularly tbe cm. Ilirre Llatk Crews from the N. Y. Tribune. The investigation of tbe Alaska purchase stems to have nearly reached bottom at last, and a very pretty little affair it is wheu we get at the truth. Our readers will remember that a Captain It. J. Hinton wrote from Wash ington to tbe Worcester " a story that over $sU, 000,000 of the price paid for Alaska had been distributed among newspaper editors, coneFpocdeiits, lobbyists, and other persons, for tbe puipose of promoting the sale, and a list was given of the principal newspapers cuid to have been bribed. A committee of Cungrets has been about six weeks looking into these charges. One journalist after another was called and examiLed. Noue of theiu hid received any bribe or been offered any, bnt several bad "heard" that money bad been ut-ed. Sl'bere was rumor of a m:in named Noah who had said that Mr. Robert J. Wuiker, tbe Czar's "counsel," paid him 2000 for services as a newspapsr correspondent; but Noah, being found, ptotested that be never bad got a cent and rever had spoken to Mr. Walker in his life. The man named Hinton was called, and confessed that he had no knowledge of the truth of the statements he bad beeu the first to publish, and got all Lis information from a man named Martin, who professed to have a list of the persons bribed by the Russian Gov ernment. The man named Martin was exa mined, and knew nothing at all about the case, lie referred his questioners to a man named 1'atistro The man named Tasistro was equally ignorant, but thought Mr. Seward and General Banks, at all events, must have beon bribed, because they were both "flush" of money about that time; and if they did not get it from Baron Stoeckl, where the mischief did they get it f So the story of the Russian bribery seems to amount to this that General lifttks has bought land and Mr. Seward has paid off a mortgage. Really we think the farce has gone far enough. Several interesting fact3, however, have been developed in the course of this otherwise barren investigation. There was the high principle of Mr. Rebert J. Walker, who would not touch a $2G,000 fee for lobbying the pur chase through Congress, unless it came in the shape of a regular "counsel's fee." There was the unexampled kindness of the Washington Chronicle and National InteUigtneer, which gave up their spaoe to Mr. Walker's articles on Alaska. There was the gratitude of Mr. Walker, who hinted that one or both of them ought to receive some pecuniary recompense for the damage they must thereby have suf fered There was the delicacy of the editor of the Chronicle, who waived his claim to the $3000 offered in obedienoe to this suggestion in favor of the publisher. There was the promptness of Mr. D. C. Forney, who didn't waive bis claim at all, but took the money, and we hope has made good use of it. And finally, tbe investigation has shown us how a certain class of journalists manufacture Washington news, and with what extreme caution it is necessary to read the Worcester Spy. Upon the whole, the information may I e worth the trouble it has oost to get it. BRANDY, WHISKY, WINE, ETC. Y. P. M. Y. P. M. Y. P. TOVNU'N PKltli MALT WUISKT. YOTTNU'M PUKE MALT W11ISKT, IOIINU S PITKK MALT WJI1MKT. There la no qnemlon relntlve to tbe merlin of tbe rahihraltd V. P. M. It ) Hip uiirtsi duality of WbiKky. manufactured from the best crulu arloitledbv lite PlillftdeiphU rxwkei. and ll 1h sold t tbe low r'e oJ to per ilouf or f i w pr quart, t tiimuiiwruuuu, No. 700 i'ASSKUKK KOA1), 11 5 2.J FjllLAl-iKLl'HlA. QAR STAIRS & SftcCALL, Nos. 1K6 WALNUT and 21 HKAN1TE Stiu, IMt'OKl'KBS OJt CramlieK, nines, bin, Olive Oil, lite Ktc. WHOlJiSALK DEALEWi IX rum: hye whiskies A' VOXiJ AXD DUTY PAID, i 11 HOTELS AND RESTAURANTS. Mt. Vernon Hotel, 8 1 Monument street, Baltimore. EU'b'uiitly Furnished, with unsurpassed Culdlne. On the European Flan. D. P. MORGAN. FOR RENT. R R N T. ritEMlSFJ, No. 809 C1IESKUT St FOB STORK OB OFFIOH. ALSO, OFFICES AND LARGE ROOKS SQltabl. foi a louuuieroial College, Apply at m B4tK qk aspvsuoi FINANCIAL. Union Pacific Railroad. WE ARE NOW SELLING The First Mortgage Gold In terest Bonds OF THIS COMPANY AT PAR INTEREST, At which rate the holder of GOVERN MENT SECURITIES can make a profit oblc exchange COUPONS due January 1 CASHED, or bought at full rates for Gold. WBI. PAINTER & CO., HANKERS AND DEALERS LN GOVERN MENT SECURITIES, Uo. 33 South THIRD Street, VH I L A D P LFIII A. Mo. 35 South Third Street, PHILADELPHIA. DEALERS IN GOVERNMENT SECURITIES, STOCK, GOLD AMD NOTE BROKERS. . jtu-f "f Ilimk,-, I'iritH, uutl Individuals vuci'hed, ljjec( IVTKI.KST ALLOWED OX BALANCES. 'General" Agents, V FOR Sn, PENNSYLVANIA ,4,, (,. AND ,.3SV OF THE L. 11 nr rur s.SJ'if f ur int. UNITED STATES OF AMERICA. Tl'c National I.jkh Jsmphanok Ciimpasv Is a u nci-::!!,! i rimi'l'-ieil by fipciv'-ul Act of Congress, up .ovi'i! July &-. Isiis, with si CASH CAPITAL, $1,000,000, FULL PAID. Iii ..".1 tornis ofiVriMl to A: cuts imd Solicitors, wlic h.'ifil t. !i!ly ;it our nniri. li pc I'liculi) rs to In' on !'ppic:tt!on at onrofllop, ':' t ill tiio second story of our UiinkiiiK Moiiho, i ! ('iri'vlar.-i itml Vtiniiililcts. fullv iloi-rihiirj ilic KiMiiit i'ics oilcrcU by tin' Company, inny bo liail. i;. I. Vltll V .. Ao. So Snuih Third Ft. PACIFIC RAILROAD NEARLY FINISHED. 1550 MILES BUILT. The Union Pacific Railroad 'Co. ANT) TUB Central Pacific Railroad Company Have Added Elullt TTlindrsd fM.n Milan tnt.hnlr lino during tfce current year, while doing a large local pas senger and freight buslne.s. The through connection will undoubtedly be completed next Bummer, whea tbe through traffic Will be verv arrent. Vortv thnnn1 men are now employed by the two powerful compa nies increasing forward tbe great national high, way to a speedy completion. Only 200 miles remain to be built, which mostly are graded and readv for tbe rails. First Mortgage Gold Bonds of tha TTninn poin Railroad Company lor sale at par and Interest, and st Mortgage Gold Bonds of tbe Central Pacilio Kftllroad at Its and Interest. Tbe principal and Interest of both Bonds are cava ble In gold. Dealers Iu UoTcrnmeat Securities, Uolil, Etc. No. 40 SOUTH THIRD STREET, 128 PHILADELPHIA. 3TERLINC & WILDF.IAM. BANEBBB AND BROKERS, No. 110 South THIRD Street, AGENTS FOR BALE OF First Mortgage Homls of Kockforri, Hack Island, aud Si. Louis Kuilroud, Interest KVN PKR CENT., dear ol a l tax I bj-ablo in GOLD Augunt aud February, for Hals at U7. and aecrued Intvrest la currency. Alao First Mortgage JJonds of the DautUIo liazletoii, aud Wilkcsburre liailroud. luterfifct SKVKN PKU CENT., CLKAR OF ALL TAX IK. payable April au4 October, for sale at 8- aud nccrutd Interest i ani.nioto with maps, reports, and f a'.l information of met b roadb alwtt; ou baud tor distribution, DKALhttS lu Oloyeruuieul Bond, -.old, Silver Coupons, eta r-TOCKd of allklurts butigbt aud sold on co'nmi. slou lu New Yoik aud PUUauulphia. 11 11 tutu. TX70CPLANDS C1CMKXKHY COMPANY. V V Tut loiiuwui fluiiaktrs itiiu ulUoem uave ueuu eieuitu lor tue year lt"ti: Win. It. Mourn. Witt. W. Kan. l'Vrdlimud J Dreer, (1 urge L. Busby, f-m.ci-l b. luoou, Ui I'm Dttllo.t, he.rn-iy ai.d Treasnrwr, JOaell B.TOsVNHENI). r.i. v iu ureuiH. 11 A, H UIKIIt. b; 1)1 Loi-liolders and V llo;s to pieem tloltem 0.1 1110 snirniirA lr,r ArimlH Inn to ttiu CetUnterV. TkgB'S iua b had at t Ottlce of tlie lljuipiuy. do. I3 AM U Bireel, or ot anyol tne Managers. 1 s yJ I R E GUARDS, YOU I1UBE ft-KMNTM, AttTLUJUN, 1MO iuilli:, 11, faieutWIre Kftlllog ;Irou Bodstnads, Oruamenta Wire Work. Paper Makers' Wirt., and evary varlul ol Wire W01 k, ruauufaclurt d by 11. w ii iir.K K.a mwl U ioriu fclXlll FINANCIAL. LEDYARD & CAR LOW Hare Iiemovcd their LAW AND COLLECTION OFFICE to No. 19 South TH RD trcot, PHILADELPHIA, Ai d willooiHluuo to give careful attention t colliding and cccurlrjg CLAIMS throughout ibe Uuited Btate. British I'rovlucea, and Ku rope. Sight Drafts and Maiming Paper collect)! at Bankers'. 1 23 61a QANKiriG HOUSE OF JayCooke&CP' ISos. 112 and 111 South TH1KD Street, PIILLADELPHIA. WealerH la all Uoreriimeol Securities. Old 5-2Us Wauled In Exchange for ?Jcw. A Liberal Diil'crenre allotted. Compound Intercut Notes Wanted. Interest Allowed cn ltcposlts. COLLECTIONS MADE BTOCK3 buugUl aul told on Oommis&Ion. Special business accomnt&dationa reserved for ladles. We will rtctlvo applications for 1'oltclo of Lift Insurance in Ibe National Life Insurance Company of the United States. Full inloima:lou given at oar office. 1 1 3tu Dealers in United Stales Bonds, and Mcno Ihts of Stock anil (Jc)d Excliaiue, lUccirc Accounts of l!anks uud liankers on Liberal Terms, ISSUE KILLS JF EXCIiAKGK ON C. J. HAV15RO & SON, LONDON, B. MKTZLKIt, S. SOIIN & CO., FRANKFORT JAMKS W. TUCKER & CO., PARIS, And Other 1'rlncipul Cities, aud Letters of Credit Available Throughout Europe. GLEMM1EG, DATIS & CO, 3Vo. IS. South THIRD Street, PHILADELPHIA. BIENDIMINB, DAVIS & AMORY, Jio. 2 NASSAU St., New York, BANKERS AND UliOXKES. DIreet telegrnphic communication with the New York Stock Hoards from the riilladtlphla Office. nt pm S. PETERSON & CO., Stock and Exchange Brokers, fto. 39 South THIRD Street, Members of the New York and Phlladcl phla Stock and Gold Hoards. STOCKS, BONDS, Etc, bought aud sold on. commission only at eit her city. 12G MEDICAL. ' BHEUB2ATI8M, Warranted rcrmunently Cored. Warranted Permanently Cured. Without Iiyurj to the System. Withont Iodide, l'otassiu, or Colehicum 13 j Using lunardij UuJj DR. FITLER'S G1U2AT lMIEUMATIC HEJ&EDtf, For Rheumatism uud A curulyi tn all iu fbruu. I'be only standard, rename, positive, inraiunl per ruaneni cure evw discovered. It U wn-uil to oon tain nothing burttui or injurious to ine yntum. Wi lUtANTKD IOUUKH! Oil MOi K R Ki'V S U AD WARliANTKU'lOCL Hli-OJt iiOAltT KKVDNuKIl Tbousands ot Philadelphia reiereuuan of uure. Pre pared at No. 29 SOUTH FUUKTH STREET, bI2tuth!f UKLIjW MAKEBr. GEMT.'S FUMIM1SHING GOODS. li. 8. K. C. Harris' fceamltsa Kia Gloves. BVEK fillt WAHUANTKl. ULCLUttlVK AUk.NTb Jrtm UKNTtV ULOVnta 4. VV. SCOTT & CO., biibv p a T E K T KHOULUEB.aUM UiH T Al AN U FACTOR Y, AND OKNTLHIEN'S FURMSHINU STORK. U l.I l.CT rilTlMJ sllUUis AND Uttiwitiu mwie iM-ut uia..urujei.i at vejy ,)mn in,ile All mi ir art it.. ul uJii I'LKittCN'ti iihiimu lu rnavnet. .Halloas UKifcirt VVLCI1KST1CR & CO., 11 Ku. TiHi CHKSJX rj r street. TKUSSES. Trt se,Abdoinlnalfc,u'lpUrtB'rs. Hastio :,xY b!w, psuul A'd1, at "'i- ''J MJ.l ira co": ",;,)L'VB'liV.'!8 1" IsT A BLl Ml M K NT, ' JSt'l-SU' . Na. V -17 VV, v V cwrtst.