i
VOUXI-No 65.
PHILADELPHIA, FRIDAY, MARCH 5, 18G9.
DOUBLE SHEET TURE3 0EMT3.
i r
! i '
i
1040 IILE3
OP TUB
union pacific
RAILROAD
ARE NOW COMPLETED.
As 600 bo U of the Western portion of the Una, be
ginning at Sacramento, era also dona, bat
20O MILES REMAIN
To be finished t open Hie Grand Throngh
Line to the Pacific. This opening will
certainly take place early this season.
Besides a donation from tbe Government of 12 800
acres ot tend per mile, tbe Company Is entitled to ft
subsidy In United Btates Bonds on It line fti com
pleted us d accepted, ftt tbe average rmte of about
et,tw per mile, according to tbe difficulties encoun
tered, tor wbloh tbe Government takes ft second ilea
as security. Wbetber sobsldles are given to any otber
companies ot not, the Government will comply with
all its contracts wltb the Union Faolfio Railroad
Company. Dearly tbe whole amount of bonds to
which, tbe Company will be entitled has Already
been delivered.
FIRST MORTGAGE BONDS
AT PAR
And Accrued Interest.
By Its charter, the Company is permitted to Issue
Ms own FIRST MORTUAUK BONDS te the same
amount as tbe Government Bonds, AKi HO SCORE,
These Bonds are First Mortgage upon the entire
read and all Us equipments.
"i . .; i . i : i . . .;
They Haie Thirty Years to Run,
at Six per Cent.,
:. 1 t . . . . : .
-: AMD BOTH ' 1 '
PRINCIPAL AND INTEREST
.i.i
RE ;
PAYABLE IN GOLD.
Bnch secnrlttes are generally valuable In proportion
to the length of time they have tdtnn. The longest
six per cent, gold Interest bonds ot tbe United Btates
(tbe 'Sis) will be doe In la years, and they are worth
112. If tbey had so yea to run, they would stand
at not less than 128. A perfectly safe First Mortgage
Bond like tbe Union Pacific should approaoh this rate.
Tbe demand for European Investment la already
considerable, and on the completion ot tbe work will
doubtless carry the price to ft large premium.
SECURITY OF THE BONDS.
It needs no argument to sbow that a First Mortgage
of 128,100 per mile upon what for a long time most be
the oaiy railroad connecting the AUantlo and Paolfio
Btates is rssrsctLT saconm, The entire amount
of the mortgage win be about 130,000,000, and tbe
Interest ll.soc.roo per annum in gold. The present
currency coat of this Interest Is less than 12.600,000 per
anrom, while the gross earnings of tbe year 1868,
FROM WAT BCB1NK4S only, on AN AVKRAQB
OF LKfcta THAN TOO MILE! OF BO AD IN OPERA
TION, WKBJB MOBJfi THAN ... . t
FIVE MILLION DOLLARS,
The details ol which are as follows:
Frem Passengers..
" Freight
Jti.tu ,mtn
- t,Sto,2SJ-r
IL123-06
lM llt Ml
Kxpre&s .
Malls.
1 Miscellaneous
MM 27
10I.O77T7
49,40-88
2ounw
48.484 83
Government troops,
freight.
Contractors' men
material
Total.
ti,0(H Mrdl
That large amount Is only an Indication of the Ira
snetse traffic that must go over tbe through line in a
sew months, when the great tide of Paclflo coast
Uavel and trade will begl. It estimated that this
business Most make the earnings xf the road from
F1FTAEN TO TWKNTT MII4.I0N8 A YEAR,
As the supply of these Bonds will soen cease, par
tie who desire to Invest In them wUt And it for their
Interest to do so at once. The price tor the present Is
pa sad accrued laUrest from Jan. 1, U currency.
A NEW PAMPHLET AND MAP WAS ISSUED
OCTOBER 1. containing rep jrt or the progress of
the work to that date, and more oomiilete state
ment In relation to tbe value of the bonds than can
be given la an advertisement, wbleh will be sent free
a app Icatlon.
DE HAVEN & PRO.,
Dealers in Government Secu
rities, Gold, Etc.,
Ho. 40 South THIRD Street,
UM PHtLADBLPIHiu
FIRST EDITION
GRANT AND COLFAX.
The Scenes and Incidents About
the Capitol and in the Senate
Chamber How the resi
dent was Sworn In.
What Transpired at tho
White Houso After
Johnson's Exit.
The Scene about the Crspltol.
Tbis Is tbe way tbe New York- rimes' corres
pondent describe it:
fnousands ol people now bcRn to toll up tbe
steep hillH on eithi r side ot tbe Capitol, l-.tiift-ins
themselves Inside the ratlings of tbe pnric
which contains that colossal abjrtioa of a
statce of Washington, with tbe mono the
only Rood thing about It ' First in war, tm
in peoe, and Brst in tbe hearts of his coan'ry
mtu."Tbe throng surged away on one side down
New Jersey avcnue.lcaduiK toward those rising
bills which skirt tbe Potomac, and on the otber
scatteilng over all tbotvacatit space to warn?
tbe railway depot, They masted themselves in
solid ranks through the park-, covering ho iso
tope, tiling windows, loading down tree?,
climbing lamp posts, placing and percbing
themselves In every place and on every point
and. eminence wbere a view could be obtained.
At 11 o'clock at least ten thousand people were
gathered in front ol the Capitol.
At 11 65 o'clock, around on the crest of the
hill, at tbe north side of tbe Capitol, there Is a
rush of people, and presently a ringing cheer,
and then a clattering of horses' hoof and a
shimmer of uniforms, and presently sounds ot
music and calling ot bueles. President Grant
bas arrived on the plateau iu front ot tho
Capitol, preceded by a cavalry escort,
bis hat is in bis hand, and he bows
attain and again his acknowledgments
to the cheentg thousands. JhUwlins,
known tbe earliest aud beloved the
most, is his attendant and companion. Tbe car
riage drives along tne wholo length of tbe
building to tbe benate side, by which the Gene
ral entered. In a lew minutes tbe head of the
procession comes along and the excitement
commences. In they pour, with music and
banners and brilliant showy uniforms. All sec
tions and almost all races are represented there.
Colored companies of Zouaves march in and
take up position near French Zouaves, flanked
on one side by green banners, beneath which
are maisballed Irish Republicans, few indeed
in number. Tbe masses of citizens become
denser and denser. Half a dozen bands of
brass are filling the air with martial and tri
umphant strains, at the same time causing
strange bnt not unpleaslng dissonance. The
fkies grow a little brighter, there is an occa
sional break in the heavy cloud;, and a few
rave of sunshine straggle out and Debt up the
brilliant scene for a moment. Torn Battle-flags
are waving, fire-bells are rinsing, cheers are
going up, blue capes ot Boys in Blue are moving
in long line, bugles are sounding forth orders,
marshals are riding hither and thither.
Tbe New President Sworn Iu.
Tbe acme of the excitement is resetted at
about seventeen minutes after 12; the main
doors oi the Capitol building are thrown open,
and the procession marches out on the plat
form In the order in which it left the Senate
Chamber. Senator Cragtn escorts the President
elect down to the seat assigned him at the ex
treme Iront of tne platform, which is soon Oiled
to l overflowing. The groups of statu
aryrepresenting on the one side tbe
age ' of barbarism and its first
contact with civilization, embodiel by the
sculptor in tbe ideal of an Indian arrested by the
hand of a hunter as be raises the knife to slay
an Indian woman ana on me oiner Tne aee of
ditcovery and science, Columbus holding in
band erect a giooe, typical oi tne eartn's rotun
uitv were taken possession ot bv dozens
anxious not to miss a single Incident in the
birtoric seen e beneath them. That pla'torru,
at that moment, onntaiued nearly all that is
great and distinguished in America.
It Is 1215 and cheers are making the very
welkin ring. Hats are waving, aud thousands
noon thousands are bulling over with enthu
siasm. All is silence tor a tew minutes as- Cbief
Justice Chase administered tbe oath ot office
as follows:
"I do sou ronly swear that l will falthfullv
execute tbe office of President of tbe (Jutted
States, and will, to tbe best ot my ability, pre
serve, protect, ana aeiena tne lonsuiuuoa of
tbe United States."
General Grant repeated the words, and at
their conclusion kissed the Gospels. Twenty
one guns thunder out to the city and tbe coun
try that the administration of Andre n Johnson
has passed away, ana mat tte reign ot uraut
and loyalty, and truth and patriotism, has
begun. Ibe bugles break forth in triumphant
anthems. Thousands of throats join in tbe
acclaim, while tbe President.sits quietly on the
platlorm waiting tbe end of the salute. Cuief
Justice Cnare appeared very nervous. He
fumbled wuii tne paper on wmcn tne oatti ot
effice was written, and be was lar more eta bar
rassed than President Grant
At 12-26 President Grant stood up. half a
dozen sheets of paper in his hand, and beau
to read. There was no sign of embarrassment.
His words were nim, his delivery was clear,
though oi course it could not be distinctly
heard at a distance of more than thirty feet all
around him. As be finished each page his
tbnmb aud forefinger went to bis lips, aud the
manner In which be separated the pages was
Iree from at least aOectaiion. The inaugural
address is as simple and protean t aud classic
as that second one of Mr. Lincoln's, which 1b
now regarded as one of the gems of the
language.
PreaKtent Grant F. liters tbe White
liouee.
This Is the manner In which the N.T. Eral$
correspondent describes kth scenes about the
White House:
The gates of the inclosure of the White
House grounds were promptly and cnremliy
closed as soon as Mr. Johnson and tbe Cabinet
had leOred, at 1230 o'ciock, from tbeoccuptu jy
of tbe building, and policemen were statioucd
at every gate, vtl'h orders to udtnil only the pri
vileged persons belore the arrival ol tbe new
Pifsldent.
When tbe bead of tbe procession reached tbe
front of tbe White House, the carr ase of the
President Bud that ot his a: a IT ware a1 ultted,
but no .others, and they were quickly rolled
amid the loud plaudits of tbe immense crowd
to tbe door of the White llouae. Semtor
Cranio. Mr. Colfax, A. T. Stewart, GHoerals
Patker and Badtau accompanied the President,
ptnator Ciairin and Mr. Colfax deeceuded first
irom the carnage, General Graut following. He
had ascendev.1 two or tbree of the steps lend ma
to the mam "ntraoce when he noticed that he
bad left tbe door of the carriage open, and ha
tilt retracing his steps he careful If close 1 it
and nodded to tbe driver, who immedittely
drove oft General 8ohotield had been lftb
tbe retiring President In charge ot tbe White
House as tne only noo-retirtug member of tba
Cibicet, and be bad been Joiued by General
Kawliua, General Porter. General Bibcock.
Hfiieral Gibbon, Geu,ral Pitcher, Colonel
Taj lor, and General Mlcbler, The latter was
ceiisiltuted. as the officer la charge or public
building, Master of Ceremonies, end on Gene
ral Or sot's .appearance at tbe door of tbe
White House. General Mlcbler advanced with
that peculiar ease aid grace and dignity
irua Is lti jwUC'abit a bin.
welcomed tbe r.ew occupant to his temporary
boron. Tbe President sbO'ik hands ta bun,
ami very wnrmly with Rllus and the otrr-rs
who bud advanced, an 1 then tarned to speak a
few eords to those who bad accompanied hni
Irom the Capitol. He t'icn advanced, under
tbe guidance of General Micrilpr, to the door of
the blue Room. In tbe bill tbe stevarl of ta
house a colored man. was presented by General
Micbler, who remarked:
"This eentlcman will be glad to proidoa
dirtier for 50U."
Thank jou," sail the Oentral.
"And this iient'eman." faid Mlcbler, in his
quiet, humorous way, presonitug ilr. Joinson's
late Do!y sei viint, a periect specirtieu of ani
mate ebony, "nill be happy to brush your
clothes."
Tbe President rppft'od his lhank, and then,
turning about and lookitig in every direct n,
be Bvd to Micbler, in a bait despaitlng tone,
"Well, what am I to d 1 next?"
Mr. Collax supecstrd to tim to retire to his
room on the rloor above, and after a ,e words
tbe President did so. He was soon after fol
lowed hr Mr. Collar.
Tbe procession mean while continued to pasi
in Irout ot the White House, but outside of the
cocksure.
An immense crowd was gathered on the side
walks, and a treat deal of eontusiou prevailed,
but it was ronVued wholly to ibeavnuf. After
remaimue a, the White House about an hojr.
General Grant depaited lor his residence, on 1
street, to prepare tor the reception this even
Ing at the ball. Tbe intended public receptioa
In tbe East Iioom, for which preparstiou had
bien made, is pusi poned tor the precent.
t'lce-Preaident Colfax.
Pays the 7imes writer:
At 1206 o'clock Mr. Colfax is escorted in'.o
tbe Chamber, and, stepping up to Mr. Wad", he
takes his band warmly, Tne latter rises, aud,
with a rap of his gavel, calls the Senate to orjer.
lie then calls upon Sir. Colfax to step tor xrard
nod be ''inaugurated." He responds, aud
addresses the Senate in a brief aud appropriate
speech. Nut a few Are here who contrast this
scene with that remarkable episode of tour years
ago this day and hour, when a thouiaod eats
listened, Bret with eagerness, tben witn sur
prise, and at last with unutterable disgust;
when tbe thousand radiant laces ot the resplen
dent galleries were mantled with the ciimsou
blush of sbame at the spectacle before them;
when the representatives of the Government
who sat in their presence moved nervously in
thvir (eats, and whispered in alarm,
"What it this man should be President F"
and when the Diplomatic Corps, who
bore the brunt of the plebeian harauaue ot tbe
plebeian belore them, smiled with a satisfaction
that Beemed to mean, ''Theeudof toe republic
is near." But, thanks to a patriotic and patient
people, tbe fears of tbe oue and toe hopes of the
otber have alike been dissipated; and, ai if to
compensate tr lack of decency tben, the scene
is invested with, impressive dignity and delibe
ration to day.
Colfax, the genial gentleman and practiced
parliamentarian, accepts his ne v honors with a
modest grace that makes the laces of Senators
beam with satisfaction as tbey recall the par
liamentary chaos whence tbey have just issued.
So easy will be his task of presiding here, that
he will forget that he was ever expert, and tue
chronic disorder of the Senate will be replaced
bv a sedate aud stea lv gravity, the graceful
equipoise of which will still farther contribute
to tbe teputation of the popular and new Vice
President. Rough and rugged and honest
"Cld Ben Wade" retired to a modest seat on.
the floor, proloundly thackful for his deliver
auce. Johnson Moves Ills Trnnki.
Ex-President Johnson is stopping with John
F. Cojle, of the Inte'ligencer, where be will
remain a guent until be takes his depirture for
Tennessee. He moved his trunks aud carpet
bags at the hour ol 10 yesterday morning, and
made his way trom the scenes ot bis triumphs,
defeats, and intrieues. He kept his room during
tbe entire day alter his arrival at his new abode,
and seemed indiflercnt to tne fate of some im
portant bills that were ready for bis action. He
says he is glad to be relieved of tbe ereat
responsibility. Tbe White House is In charge
of tbe old steward, General Grant retaining lor
ibe present tho occupancy ot his residence en 1
street.
Tbe Farewells.
The leave taking between tnaoyol the old
members who retired with tin old Coneiess
and their fellow-members who remain with tbe
new, was deeply adeeming. Patt associations
were brougbt up; pleasant reminiscences
speken of, and past differences buried, making
tbe separation of a most hearty and cordial
character. Wihon, of Iowa, Sbellaarger, of
Ohio, Pomeroy, Gils wold, and Robertson, of
New York, Williams, of Pennsylvania, all
honored and beloved as men and Representa
tives, were among the number.
THE ADDRESS.
Comments of tbe New Tork Presv.
The New York World, of course, is down on
the address. After a long tirade against tho
President's sta'ements, that journal ends Its
editorial as follows:
To threaten vetoes when there is no partlcalar
occasion for the threat. Is an exaibltion of un
dignified biavado, such as Washington and his
immediate successors would never have de
scended to. Why, moreover, should General
Grant say, in so self-confldent a manner, thai he
will always express his views to Congress "on
alt leading questions agitating tbe public
minof" Suppose the publio mind should
be agitated by some question like fe
male suffrage, for example not requir
ing any legislation by Congress; does
General Grant propose to set lorth his views
on that? Suppose tbe public mind should be
agitated, as it was during Kossuth's visit, by a.
foolish frenzy which would be only niaguided
into undue importance by a Presidential notice;
would General Giant send in a message upon
that? And is it not supposable, or at least
would it not become General Graut to think it
supposable. that tbere may be important ques
tions in which it la not expedient lor the Presi
dent to take the In tiative, and in which he
would discharge his whole duty by recommend
ing them to the attention of Congress, and
leaving their decision to iu wisdom?
The only resptct in which this empty aud
self-contident address is ot any importance. Is iu
tbe evidence it lurutshes that General Grant
does not Intend to hate any serious differ
ences with ihe Republican party. With all its
selt-asserlion, the inaugural is really very ser
vile. It indorses all the favorite measures and
dogmas of the Republican party, except tbe
Ten ure-of Office act; and on that toe party is
known 10 be about equally divided. Alt bis
independence is exhaus ed iu the mere enpty
proclamation of it; he Las not bad tbe real
independence to differ from bis psrty In any
particular. Asii'e trom its tone of ill-beseemlug
self conQdeDce, General Grant's inaugural Is a
mere echo of the Iri'est commonplaces of tbe
Republican newspapers. We challenge his
admirers to point out a sincle idea which be
Las contributed to the threadbare stock Irom
which lie drew themi'erlals of his address.
The llmti remarks:
The cbsractcruiiioe which distinguish Gene
ral Grant, and command ibe connueooe which
marks bu eutrnur.n urion the duius of the Exe
cutive, are conspicuous in his Inaugural a idn ss.
It is brlet, clear, riiipballc. and to the purpose
It touches g'eat wan), ludlijstes areat duties,
and propounds a great policy with a distinct
ness that li aves nothing iu douot, aud the force
ot true born earuestness. General Grant had
something to say, and he has said it sttongly
and well.
All that the office requires of General Grant
be will strive to perform. He assumes the Pre
sldenttal ottlce with a full sense of itsrespon
(ib litles, but without misunderstanding or
lear. Tbe laws will have in htm no feeble ad
minlstraior. His opinions in reference to their
merit will not interfere with their enforce
jncul Lie iU fcaYe t ";:llcj to Kcsuucnj,"
but none to enforce against the will of the
p ople.'
Tbe tar-rednexs ot the war debt, and the duty
of Discharging everj dollar In gold where cur
rency is not speciooally prescribed, are points
in which the add rest is very emphatic. Toe
repudiator General Grant stigmatizes ai un
worthy of trust la any public po.l ion. Ibe
honor and interests or the country alike re
quire tbe amplest consideration lor tbe publio
creditor. The debt ceases to be formidable
wben rompated with thi resources ot tbe re
public; and neither principal nor Interest will,
uuder proper management, fall heavily upon
toe debtor clas.
Firmness an I srood faith upon this subject
will, In General Grant's judgnmt, enable us
soon to replace outstanding bonds with others
bearing a lower rate ot interest. Bell further
to f romote this object and ies-en the burdens of
the peuple. be urees mure attention to the col
lection ot tho revenue: "A s r et accounta
bility to the Treasury for every dollar o dleoted.
and the greatest possible retrenchment In ex
penditure in every depnrtment ot the Govern
im nt."
Tue llera'd says:
President Graut in his intugural speaks with
tbe riireciLe-s ot a toldter and iho Iraj kness of
an lione t niau liesh fron the people. Tbe out
line wb'ch he presents for tbe purposes of bis
admiiistratien in his domestic and foreign
policy is that ot a practical s:ateniniu. wno
recoguizes the march of events and tbe living
Issues ol tho oat. In the bands of a professional
po'liltian tbe !oiid matter of tlii- alJress would
become a watery dilution of perhap ha'l a
dozen columu, but here we have all that is
required wtibtn tbe limits of a cable telegram.
For instance, in sating that "Hie office has
come to me unsought I commence its duties
untiammeiled" be defines bis position pre
cisely, aud in tbe fewest possible worls; aud
brevity and precision mark tbe document
throuphou'.
(in all tbe leading questions of the day he
will Lave his views to submit, and in support ol
them be may exercise tbe veto power; but he
will eo no turtlier. He will have uo policy to
pursue against the laws or the will of the peo
ple. He is satiBbed on this head with tbe failure
or Mr. Jobnson. He will execute the Uws as lie
finds them. lr. meeting calmly and dlpassion
ately the questions which may come before hi 11
growing out of the late Rebellion, and 1 joking
to the greatest gooJ of the ereatest n urn be', his
pol'cy will be tecnrlty tor "person, property,
and tor religious and political opinion iu every
part of our common countrv, without regard to
local prejudice." Th's means, among other
things, that there is to be an end do wa South
to tbe unlawful shooting of liters and to
terrorism at the polls, and that Sambo, too, will
have to respect the las.
In tf card to our toreien policy, the significant
remarks that while ibe Piesidcnt would respect
the rigbts of all nations be would demand equal
respect for our own, and that "if others depart
from this rule In thir dealings with ns we mar bj
compelled to follow their preoedont," we think
that her Britannic Majest)' Government will
discover Ibat it has no lurihei use for Ksverdv
Johnson. We are satisfied that ibis blot covers
tbe Jacksoniau policy of dealing wltb spoliations
on American commerce, aud something of tbe
lex laiionis ii. reference to British and Spanish
neutrality and bellieerentrtghtg. The inaugural
makes no distinct allusion to Mexico; bat that
pear, too, is ripening. .
On tbe oaestion of suffrage tbe President,
proposes the shortest way to a settlement, and 1
he thinks it desiranle to have a settlement no v,
and be entertains tbe hope that it may be
reached by tbe ratification of the fifteenth
amendment to tbe Constitution. What is this
prooosed amendment which is thus adopted as
a measure of the new administration f It pro
vides that "no abridgment of the right to vote
shall be made by the United S'ates or any State
on account of rdce, color, or previous condition
of servitude." and that Congress shall have
power to enforce this article, this means equal
rights to all colors tbroughout the Union under
the supreme law, aud with President Grant to
back it the amendment will doubtless be carried
through.
Here, tben. Including economy, retrench
ment, and a faithful collect'on of tbe public
revenue, we have the sailing directions ot tha
nt w administra'ion. What is tbe general pros
pect? I. Is one full ot promise, prosperity,
progress, development, and power at home aud
abroad. And so opens the new book of Ameri
can history.
Tbe tribune comments as follows:
Ibofewbo doubt this man's statesmanship
should analyze his brief speech, aud see whether
be has left anything un-aid. He tells us what
he understands to be the meaning of the Re
publican party in electing him to the Presiden
tial office, and lavs down a platform which may
be thus analyzed:
. I shall advise Congress but not war upon
It,
II. My business Is to execute tbe laws. A
bad law will always remedy Itself when the
people begin to suffer from it.
III. We have had war now we must have
peace. We have ene common countty, and any
sentiment of sectional hatred or revenge is
unpatriotic.
17. Our debt Is the honorable consequence of
the war. It is the price we pay for 'Juion. Not
topay it is a ciime only second to treason.
V. We must pay oar debt without equivoca
tion. When we bono wed in our hour of dis
tress, the dollars we received were gold to us.
We must pay sold unless the coutract expressly
stipulates to the contrary.
VI. American credit should be the best in tbe
world. Let us stop talking about repudiation
and collect tbe revenues, and we can make it
the best in the world.
VII. Iam in favor of building railroads to
the PaciBo. Bat we must not issue bonds for
that purpose uniil we resume specie paymeuW.
We must no longer promise to pav a gold dollar
until we receive a gold dollar. That was a war
necessity; it must be stopped now.
VIII. America can never be great until her
ran.e is sjnonymous with Finaucial Honor.
Our flag means Liberty; it must also nieau
F IX We most resume specie payments speedily ;
perhaps not now, bui as soon a we cn.
X. We should do unto other nations as we
would bave otber na'lona do unto America. II
countries like England make Alabama" pre
cedents, they only compel us to follow them.
XI. As for the Indian, conscience speaks to
us. We must seel
XII. As lor tbe negro-equal rights In all the
Stxfli And may God bless us all !
General Grant takes into his masrlstracy a
reputation as great as that of Napoleon wben
be became Fir,t Consul, and a power for gool
or evil even greater. Tbe comma historian will
say that while the pen ol Lincoln wrote the
decree of emancipation, the sword of Grant
secured it I It was his gereralsbip that made
ihat "Bull against tho Comet" a successful
anathema. In that crowning nlory of this en
tur? Lincoln and Grant stand together I We
fondly hope that when the history of the cen
turv is writren It will be said of onrnew
President that he found Amenoa vergiug upon
bankruptcy, and lett it solvent; that he
found tbe curreucy of paper, and turned it Into
eold: that he found crime In high places, and
drove it into prisons; that he made American
faith as much respected as American prowess;
that be found the flag of thia country floating
over a few toa-tiug vessels, and loft It carrying
our commerce into every aea; and this Reoubllo
so respected that the pa-sport of the
Hue Department was as much honored and
frri a the InsitrnlA of Roman citizenship in
tne time of Paul; he dil this without
sheddiug one drop of blood; without the viola.
Si it one ves'ed right; simply by tht
suoreme and stuiole states rn.ani.hlp which
unites peace wltb Justice, aud honesty jvith
oouiage. u
Of tbe 20,000 shopmen In Paris, not more
than a hundred earn $1000 a year, though
they work from tvtlrt to seventeen hoars
day.
SECOND EDITION
LATEST BY TELEGRAPH,
The Exodns from the CapUol
Praying for the New Ad min
istration -A Shocking
Tragedy Oat West.
Retnrnlna; Horn Comments on the
1 augural.
Bpeotal DetptUeh to The Evening TeUgraph.
Baltimore. March 6. Immense numbers
bave returned thus far Irom the Inauguration,
aid Baltimore is filled with strangers going home.
No accidents of any kind arc reported. Nume
rous extra trains ol csrs are coming in and
going out. All seem pleased with their sight
seeing;. The papers here generally epcuk well of
Grant's addicss, which was ualvers.tlly read,
and gives great satisfaction.
Tbe wea'.her is intensely cold.
FROM INDIANA.
Vsjoe Knmors of is Harder Praying
for Nuccens.
Spteial Despatch to Tha Evening Telegraph,
InDiAwipotis, March 5. There are startling
rumors of a murder perpetrated in one of the
etvirons of the city, a few nights ago, the victim
having been decoyed from the theatre and
silled, and his body burned. His name Is not
known, but the police are in possession of fasts
which ltd tbem to arrest three notorious char
acters named Robert Turbinville, Robert Kelso,
and Ben. Irwin.
The prayer meeting at noon yesterday at
Masonic HaH was largely attended, being
opened by Lieutenant Governor Cumback, who
read the 90th Psalm, and participated in by a
number of the members of tbe Legislature,
ministers of tbe city, and others.
Attempted Stileide of ft Nolrtler -Honor
lee ibe Mew Administration,
Special Despatch to The Evening Telegraph.
Louisville, Ky., March 6. Day before yes
terday Captain Black was found in the wools
on bis farm, between Newcastle and E mineuce,
with his throat cuf. ' He wai' alive, aud hopes
are entertained ol his recovery.' , It Is supaosod
he attempted suicide, During tho war be was
quartermaster in tbe United Statei army,
and was stationed In this: city,, and was
sentenced by a Zourt-martlalto two years impri
sonment and ten thousand ' dollars fine for
swindling the Government, bat was pardoned
by the President.
Tbe Republicans of this city paraded aud fired
cannon, etc. yesterday, In honor of the Inau
guration of President Grant. .
Johnson Is Net Thanked for Ills Ltuor.
Special Despatch to The Evening Telegraph.
Columbus, Ohio, March 6. The Ohio Senate
did no business yesterday afternoon. Iu the
House Mr. Odell, of Licking, lntrodaced a reso
lution endorsing Andy Johnson's administra
tion, thanking him for bis efforts to restore the
Union, and inviting him to visit the Legislature
and partake of the hospitalities of Ohio on his
way home to Tennessee. The resolution gave
rise to a protracted acd exciting debate, and
was finally, by 34 to 31, indefinitely postponed.
Mr. Hall, of De3ance, Democrat, was one of
those who opposed it, and it was understood
ibat, bad it come to a vote, several other Demo
crats would have vo'ed "no." -
Insnranee Company Securities-Rail
road iauDieaness,
Special Despatch to The Evening Telegraph,
St. Louis, March 5. The Missouri Legisla
ture ba passed the Insurance bill, which has
been before it for some time. It provides that
each life insurance company doing business lu
the SUte shall deposit $100,00 In State bonds
as security. This will require about (2,000,000
worth ot bonds. A bill also passed authorizing
the Hannibal and St. Joseph Railroad to la
crease Its stock to an amount not exceeding the
cost of the road, which enables tho road to pay
its indebtedness to the State and procure a re
lease of the State lien on the road. This will
necessitate the purchase of three millions Mis
souri bonds.
TBE EUROPEAN MARKETS.
By Atlantic Oable.
This Moraine's Quotations.
London, March 6 A. M. Consols for money,
92; lor account, 92 J 93 United States 6 20s
Brmer.at 83. blocks easier: Erie Railroad, 'ill;
11) nois Central, 97 i.
Paris, March 6. Tbe Bourse closed quiet last
last night. Rentes, 71t 22c.
LivxarooL, March 6 A. M. Cotton firmer
but not hlgbei; middling uplands, ll(d.; mid
dling Orleans, 1H4. The sales to day will pro
bably reach 10,000 bales, bales of tbe week
62,000 bales, of which 8000 were for export and
5000 for speculation. Stock, 310,000 bales, of
which 120,000 are American.
Htvai. March 6. Cotton opens qa'et and
steady at liOt. on the spot.
This Afternoon's Quotation.
London, March 5 P. M. Consols for money,
92(&92lt; for account, 92. United Slates 6 2Js,
83j. (stocks dull.
Lrvx&pooi March 6 P. M. Cotton more
active. It Is thought tbe sales will be 12.000
bales. Bacon, 68s Od. Lard. 73s. 6J. Tallow,
46s. 3d.
London. March 5 8 P. M. The market
for yams and fabrics at Manchester ia firmer.
Stock of cotton art tat, 342 000 bales, of which
169,000 are American. California Wnear, lOi,
od.; red Western Wheat. 9s. 6d.; Flour, 24s. flj.
FINANCE AND GOMMEROE.
Orrioit or ths Kvbniwo Tblsobafb,
riaay, jnaroa a. iwjtf,
Mouevls In active demand. Call loans rule
at 6 j7 per cent. Pume commercial paper
ranges from 810 percent, per annum. There
was rather more disposition toopera'e iu stocks
this morning, but prices generally were weak
and unsettled. Government securities were a
fraction hlgber.
City loans were unchanged. The new issao
cold at 101, and the ld do. at 9?r.
Jtallroad shares were the most active ou the
list. Penoa, H. R. sold at 677, no change;
Reading at 4634. clotnit at tha former rate,
a decline of ; Philadelphia aud trie at 25. a
slight decline; Camden and Amooy at 123J. no
change; and Northern Ceutrel at 484, no change.
43 was bid for little Bchujlkill; 56 tor Lehlh
Valley; 10 for Gatawtssa common; and 83 for
Cutawl'sarreferred.
I City raMenger nauway snares were without
Chant. 40 was bid for Second and Third; 88
'or rift) and tfctb; 10 ftr Iblxtteatk t&i FU-
ternth: 45 for Cbesout an1 Walnut; 11 for lies
tonville; and 27 tor G rard College.
Bank shares were firmly be d at loll prices.
Cabal shares were dull. L"bigh Navigation
sold at 29i(29, an advance of j. 1RJ was bid '
for Schuylkill Navigation prelerred, atdl2Jfor
Snsquehanna Canal.
rUILADILPUIA BTOCK IICHAIBB "ALES TO-0AI
Reported tr ie Haven A Bro., Ho. 40S. Tftlrd street
firoo Leti sn.foia i.m 90
1 sh Corn Ex B CSV
Stoo do... m... tHI
s an 0
tm ah Fulton CoaJ... '
(no do......H
mio ao....bi.
luo sh Phil k K.c. ss
It Sll C K AIU....J.V
S t n Peutia K...y. 67
B7 do..- 57
rii dc.sAown is s7
100 df. 67
4 sh N C'eiural... 4H
lonsb leh N Hie . iW
lev d.....b. sax
100 sh Bl ML 3. li
(WlO do .!.. SH.-f
fSDW ien tin in... in. at
6K) M P R So ht
li(Oll-a '4.C'P IH.'i
trouvny nn, un H '0
SUM) I'm na it I iu Si. ti)i
ftw iwuiiy m, N. l.lin
tax) diu,n. ni
IM0 do. .............. 101
IKK) W Jt iney 6s i
IWi sn Beaains.rii&lu t
8 no 4Hi
10 do... 4S
rto ..lFo )t
20 do.,.iB.4S'4
Narr A Ladner, Stock Exchauge Brokers,
No. 30 S. Taird street, report this morning's
cold quotations as follows:
19-00 A.M. 13' 100 A. M. . 1311 '
10-02 " . 131.411135 " 131
1015 . I31j
Messrs. Jay Cooae & Co. quote Govern
ment securities, etc., as follows: U. 8. 04 ol
1881, ll(ij116l; 6-20s of 18G2, llSjilgj.
6-20S, 164, 115fiI154: 6 20s, Nov., l0.,llI'ia
116: July. I860, 113r4ll34; do., 18C7. 113i
113i; do. 1S68. 11331131; 10-40s, 1051(31061. '
Gold. 131 J. Union Pacinc bond. 101J102J.
Messrs. William Painter & Co., onnrters,
No. 36 South Third Street, report the following
rates of exchange to-day at 12 o'clock:
United States 6a. 1881. lieiOUej; O. 8. 6-20s.
1882. H8l118; do., 1864, 114115; do., Wcl! 1 .
Ilfijl3116i: do. July, 1885, lMjU3; do. July! .
&1.?,!,113,1, d0' 186,8' 241135 5s. 16-40, ,
lC5jS106i. Compound Interest Notes, past
due, 119-25. Gold, I81rai31i. F
Messrs. De Haven 4 Bro nor, Uo. 40 South '
Third street, report the following rates of ex.
change to-day at 1 P. M. : U. 8. 6s of 1881. llfl
eil6i do. 1862, 118l dlil8; do., 1864, U413
114; do.. 1865.11613116: do. 1881, new 112i.
112J; do., 1867. new, 1121)1124; do.. 1868. 11
112J; do., 6s, 10-40, 1050106; do. 30-year -6
per cent. Cy., Mli'Slf; Due Compound
J?StiNoteB' 195 Gold 131Jl13U; SUw,
liottfl27. . . .. " - .ni
Strong arguments In lavor of the First Mort- ,7
gage bonds of tbe Union Paolfio Railroad Oom .
pany, as an Investment, may be found la the
bill to strengthen the publio credit, which , ,
passed both bouses of Congress on thsSdin-.,,
Btant. In declaring that tbe faith of the Tjnlted , in
states is pledged to tbe payment of all national .-
obligations in ooin (exoept where otber method ..:
of payment was expressly stipulated In the ,
authorizing law , the foundation la laid . for V.'
future loans at low rates of interest not to
exceed, probably, 4 to i per cent . Henoe, no
further Government bonds will ' be Issued
bearing as high Interest as those now oatstand
tag, and the latter will be retired as tbe time
arrives within which they mar be redeemed;
Tbe Union Paolfio First Mortgage Bonds, on the
other hand, will pay rter eent. in 'e-nl,! fn
thirty year to come. 'Aeir seourtty or terms of"T
payment being bk ad tu io4tnee of any
future political action. As Ooverntnmt bonds
may now be exohanged (or Union Paeiaoa, i l'
a profit of trom 8120 to $170 each, tbe doable
profit of purchasing and holding the latter la
apparent. 1 '. V "' ' '
Again, the bill, by legalizing eoin contracts,
strengthens these First Mortgage Bonds, '
which, by special contraot between the ' ;
financial officers of tbe Company and the : " '
Trustees of the Bondholders, are made pay- ' .
able, principal and interest. In gold. This eon-, . '
traot Is thus made, beyond question, of legal .',
obligation. ' '
Tbe Union Pacific First Mortgage Bonds (for
$1000 each, and accrued Interest lnonrrenoy) ' ' '
are for sale In this city by Messrs. DeHaven A
Brother and Painter A Co., of whom full do- ' '
ccrlptlve pamphlets may be obtained on .
application. -
Philadelphia Trade Beport.' , ..'
Friday, March 6. The Floor , market eon -tlnues
quiet, and only a few hundred barrels ,
were taken In lots by the home consumers
$55-76 for superfine, $5 7506 60 for extras, 170
7 60 for Iowa, Wisconsin, and Minnesota extra .
family, 89'50 for Pennsylvania and Ohio f
extra family, and $1012 for fancy brands, ae- i,,n
cording to quality. Rye Flour sella at 9707-35
$bbl. Nothing doing in Corn Meal. ? v ,
There is very little prime Wheat offering,
and for this description tbere Is a good demand '
at full prices; aalea of 2000 bushels ted at $1-800 '
1 90, amber at $1'962, and white at ti 10a-2a. - -Rye
is steady at $l i5 i bush, lor Western. Corn ,
Is in good demand, but prices are not so strong: "
sales of 4000bnsheis yellow at 959do. Ottsare
unchanged: we quote Western at7207oo.and '
Pennsylvania at tt070o. Nothing doing la
Barley or Malt.
Heeds Cloverseed Is In good demand at full
prices; sales of old at $9 129 50, and new at '
$9 60010; Timothy ranges irom $4 25 to $3 40;
Fiaxaesd la taken by iheoruehere at tJ-tSi.
Bark is steady nt 60 ft ton for Me. 1 Q,uer
eltron. Provisions are quiet at former rates; sales of
Mess Pork at $33 aud prime do. at $31. Bason
sells at 18021o. for plain and fanoy eanvased
bams, and shoulders at 150 15',0.
IMPORTATIONS.
ARBCIBO. P. B. Bsrqoe Palestine 830 hhds.
sugar, li nude, molasaee to ilaliettdi Bon.
LATEST SUirrLNU LMELUUrt'E.
Vor additional Marine Newt tee Ituide Paget.
. rT TiLsaura,
Wsrw 1 oast, Harcn 6. arrlvwl. steamships Bmldt,
froia i etneu, ana Oil of Maacawtur, nam Lift-pool.
POUT OF PHILADELPHIA
.MABOH .
stats or vnianaiTis at ths svaarive -sx
. . saArn orrioa.
f A, at ..li;u a. tL- P. M w
, , OLEAHED THIa SfORNINS.
Brlf Fllsa Ho.ell, amail. Trinidad. aptaln.
BromU1 Btn, Me., J. Hommel A
Bl'r AllllvUla Benear, HlllvUle, WhltaU, TatomAOo.
. ARHIVKD IHU MOarVINO.
elM P1!?" nnr.L0"' M''". W4w from Are-
Wild sram to Joseub K Palnier Ae'P"i W
Hieauit-r Hill villa. Hunoar U n'nnm va,w
xHioi, iiassea sebr J. J. Bpeuoer, frosa Busuja, bound
up 18ik nil : ids ol. Tit J. v n- w ereins
li V.i been Vav" d" U wtolf aeuore, a id part u?
ifSXliZTil?: UaslPWa, entered oat at
n?l'.qSf "it N.':-.? fi- ?,,no Hel vest 1th nit.
ttklued at Havana r7i bolt. ' -nuaae.puie, re
uitilX8' W' wtt Waiaoa, henoe, at Trieste 18th
Sicbr Jobn Johnson. MoBrlde. from Boston for Ha.
vana. wbloh was towns Into Mewporl J.q. " .
masted, io , bas onmpleied retalra. and will nrocij
oa her voyage the first lavoranie wind. p
..T.Yotkp.srd4: tooinM.
frhM;nWuVjoa!B"'w, Bbarp' Boston retexday
HobrMeryA. Oovse, Faesaira, lor FhiladelDhla.
Cleared at New York .yseisrdar. rniiaosanaia,
flelrhla, si lSewport 14 laet,
L.t
1
x.