THE DAix,T nVENING TELFXRAPn PHILADELPHIA, MONDAY, MARCH 8,
33
SPIRIT OF THE PRESS.
(piroBiAk orrirtoM o ni lkadiho or
cr0H ccKun topics compllu bvbbt .
bit fob m rrarwe tilbobaph.
Toxin; the Poor.
from the X. Y. TtUtun.
We do not oVfeod any resolution merely
tteoaase soma knot or convention of Republi
can! n7 have passed it, nor condemn any
beoftnre pasred by Drmoorata. For instance,
we like the clause in the last national Demo-
' oratio platform demanding soon an adjustment
o( onr tariff on imports toeor internal revenue
taxation as shall proteot American manufac
tures, better than we like the last resolutions
of the Republicans of the State of Indiana,
Whioh at least squint toward partial repudia
tion. It is not, therefore, because Republi
cans adopt It, but because it is sound, that we
endorse the following plank of the recent Con
necticut Convention, into which the New York
Timet and Evening Post are trying by high
. pressure to force the virus of free trade, but
whioh we do not take to be suffloiently porous
to admit their injeotion. The resolution calls
upon Corgrees Ins
pirit, formally affirm that when the na
tionel debt Is paid 11 must be paid la gold: ex
cept where It Is otherwise distinctly provided
n tbeorlglnal contract; aecood, Introduce ttie
BirlctiBt eoonomy into every branch of tbe
Government; third, refuse all eubHldles and
appropriations to railroads and other enter
jirlsesouuddeof the Indispensable machinery
of the Government; fourth, see lo ll lhat the
lazes are Impartially levied and energetically
and honestly collected, and surplus revenues
applied to the rednotion of the debt; fifth,
make It a constant aim to resumespeole pay
ment and Rive the people a uniform and stetdy
currency, s Boon as may be without, a violent
disturbance of buHlneso; and sixth, to remove
taxation from labor and necessaries of life, and
to impose It as far as possible upon arilclesof
luxury."
Now this is so distinctly a Tribune platform
US well as a Republican one, ".that we pity the
mental weakness of the dolt that can bother
Lis brain by looking for any indorsement of
foreign free trade in It. We ask that taxa
tion shall be removed from labor and the
jieoessaries of life first, and imposed so far as
possible pn artloles of luxury. Now what are
the taxes that rest most heavily on labor and
Ike neoessaries of life? First and heaviest
come the duties "for revenne only," levied
on the leading articles of food whioh every
laborer uses three times a day, every day in
the year, viz., tea, coffee, and sngar. At least
one-third of our entire gold revenue is levied
on these three articles alone.
We have been among the miners of Penn
sylvania, the frontiersmen, woodsmen, and
hunters of the West, as well as among the
laborers of cities and the soldiers of our
armies, and we have observed that . at the
average the first thing a working man or
woman demands, when exhausted by expo
sure or toil, is tea or coffee. The last articles
of food the working masses will part with,
and almost the only ones on whioh the tariff
re. ta, are these. The tariff on these articles
is for revenue only, as we do not produoe
lb' in (exoept sugar to the amount of one
Ui'.h of our consumption), and the prinoiple
oi protection would demand that they be free.
A t mily will use as muoh in value of tea,
cofl'oe, and sugar in a week as they will of
tali, lumber, and iron in a year. A poor
i. nJly will use as much of either as a rich
one. These are the olasses of tariff taxes that
rest heavily upon labor, and the moment we
can afferd to lessen our taxation these are the
a . 1 . j i i ; . in
taxes uiat wo buu every pruwuuuuist win de
mand the repeal of. Will free traders, like the
Times, World, and 2'est, unite with us iu re
moving these free trade taxes from labor f On
the other hand, we regard the importation of
French and Prussian beaver cloths, cassi
jneres, and doeskins, to take the plaoe of
Amerloan cloths of equal fineness, texture,
and durability, as something that would be a
luxury if it were not a nuisance. We regard
the importation of sixth-rate English rails, as
Shown in Mr. Eewett's "Report on Iron,"
of suoh wretched quality that they have to be
taken up and re-rolled after six mouths' use,
at the average, and of suoh abominable repu
tation that they find no sale in European
markets, and their substitution in plaoe of
American iron and steel rails, than whioh no
better or really cheaper are produced in the
world, as something that would be a luxury,
i. ., a waste of wealth, if it were not some
thing far worse. We will go to any extent
with all who really want to lighten the taxes
on labor. But what the Post and World want
Is to flood British goods into our markets, so
that their advertisers, the importers and
auetloneers, can have a good time in selling
them. Meanwhile, the oountry would oome
to grief in trying to export gold and bonds
enough to pay for them.
Opening Fire on General Grant.
JVotn the X. Y, Timet.
If we may believe the World, General Grant
Is remarkable for "confidence and self-sufficiency."
He is deolared to be more presump
tuous than Washington, Adams, Jefferson,
Madison, or Monroe, because, while avowing
his sense of the responsibilities of his position,
he ventures to "accept them without fear."
Ills address is characterized as "empty," of
fensive in its "self-assertion," yet "really
Terr servile." The entire dooument is as
sailed as proof of unfitness for his position.
and of a charaoter in which conceit and sub-
ervienov are about equally mixed.
A few days ago the World had a different
estimate of General Grant's character.- It then
represented him as modest, self-reliant, and
sensible under the influence of extraordinary
temptations, as Indicating, in fact, "great
solidity of character and an inborn sense of
dignity." Our contemporary said:
"His character Is surely cast In no common
vnmilil. Ha has mule i iroue the severest trial to
Which character can be subjected unlocked lor
prosperity , at d sudden, giddy elevation aud
lie has stood the teat lu a manner which would
,.. rinm no discredit lo any man that has
ver lived. His bead has never been turned by
bin wonderful fortune, he has exhibited no
levity, no fooiuh vaolty. none of the airs of an
nratiurL none of the besetting weaknesses of a
ttarvenu; but has b rne himself with a quiet
and becoming reserve which, under the clr
cumstaurex, betokens great solidity of charac
ter and an Inborn sense of dignity."
From the World' i present low opinion we
appeal to its high opiuion of last Monday. The
Lt answer to ih personal attack from that
n.rtnr is the testimony whioh emanated from
It before General Gi ant indicated the policy of
his administration.
But General Grant "does not intend to have
anv aerlons differences with the Republican
it Th.t U th dli&oultv with the World.
p" . "7""- tAt . v....
It disolaimea. every xpevwwu i uiy
for the Demooracy from this administration;
hut oherished hopes of quarrel with some por
r.. ji.K- R.nn.lloan party. These hopes
r,..hu dispelled. It. language
r. Orant Still OOUpVlng
fans, he is scolded for hfs ' mitUI'T'
v "All Ll. Independence," we are I uM , Is
Waueted In the mere empty P'lm"
ii x;i. i nnrtinn of the address
Is' there a trace of faithlessness to its author's
convictions or his duty as President t But,
f r sooth, "he has not had the real indepeu-
dene to dffTir from his party n any par
ticular." What thenf Does independence
conelBt in difference without oausef . Was it
lo be supposed that one whose oonduot
"betokens great solidity of character and
n inborn senee of dignity" would falsffy
Lis own principles and predilections In order
that by quarrelling with the Republican
party be might exhibit his independence f
The attack of the World, unreasonable ai
it is, illustrates the klntl of orit olsm to whioh
the i new President will be subjected. Ilia
opponents are on the look-out for small faults
of literary style, or for the slightest departure
from old rules of aotion. They will assail
him because be does not aspire to be original
or profound in political philosophy, and be
cause his ethics lend no favor to treaohery or
tergiversation. The oountry Is prepared to
interpret both his words and his oonduot in a
different spirit. It sees already that he bears
no resemblanoe to Andrew Johnson. It draws
a proper distinction between a consistent
adherence to the principles and aims of the
party that eleoted him and abjeot obedience
to partisan behests. Above all, it recognizes
in his large patriotism and distinguished ser
vices evldenoe of honest devotion to duty, in
the generosity of his charaoter a guarantee
against intolerance or proscription, and in the
general tone of his address the preoursor of a
policy in which sound common sense, practi
cal ability, and nndeviating reotitude will
largely preponderate.
The Cuba (Question.
From the X. Y. Tribune.
The insurrection in Cuba is now pissing
into its second stage. Spain having suooaas
fnlly asserted her independence of a degraded
and oppressive monarchy, her children natu
rally followed the example, and endeavored
to rid themselves of a system whioh was quite
as degrading and oppressive to them as ever
the Bourbon dynasty was to the mother
country. It has been for centuries the Spanish
policy to ignore all rights of her colonies, but
providing money in no ,soantv measure to the
necessities of Spain, to pour on to their shores
crowds of hungry officials, not always of re
putable character, and often adventurers who
as literally "left their country for their
country's good" as if they had bsen trans
ported by the legal tribunals. All the plaoes
of trust were filled by these offcasts from
Spain, and no opportunity was ever given for
native talent, while native industry was
cramped and shattered. No wonder, there
fore, that one by one Spain's colonies have
slipped from her grasp, and the last and
the most cherished excites all the energies
of the Home Government to prevent the
dire example to be followed by the
Queen of the Antilles. Duloe, personally
popular in Cuba, and fully enjoying the con
fidence of the Home Government, came out
charged with the impossible duties of reoog
nizing the rights of the colony and reconcil
ing them with the pretensions of Spain. It
was a significant faot that even he was ao
companied by shiploads of needy applioants
for office, shelved by the Provisional Uovern
ment and sent out to prey on the Goshen of
Cuba. As was to be expected, his mission
has failed and he has been forced to assume
the offensive. In the meantime his suooessor
is on the sea to supersede him, and the
scabbard is thrown away. Let us look at the
forces in opposition, both physioal and moral.
The native Cubans to a man even women
and children are sworn to win their indepen
dence. Those even who cannot take arms
cheerfully give np their property, and, if such
cases exist, those who are neutral or luke
warm have their possessions sequsstrated
by their friends and neighbors for the
cause that all kave at heart. It
may be taken for granted that the whole
native population are unanimous for emanci
pation from Spain. On the other hand, the
whole power of the mother oountry is pledged
to prevent it. Independently of national
honor, whioh ranks higher in the Castilian
mind than in most nations, the material worth
of Cuba is bo great, the praotioal value of
such a colony, especially in the present im
poverished state of Spain, is so thoroughly
present to the mind of every Spaniard, that
they will strain every nerve to prevent her
breakinsr the chain. Suoh a war will be one
of the most popular that could be presented
to the people, and most nearly touohes their
pockets. In the sympathy whioh every free-
born man must feel for the native Cubans,
we most be careful not to underrate the
resouroes of Spain, or t ignore the serious
reasons she has lor abhorring the indepen
dence of 'Cubs, as a direot robbery upon
her publio and private puree. There is
also a third element in the contest, and
that not the least, though by no means
apparently prominent, viz.: the recently
and prospectively emancipated colored popu
lation. It 1b worthy of observation that
the insurgents recognized the prinoiple only
when the news arrived of us proclamation by
the rrovlBional Uovernment at home; nor is
this to be wondered at, for men are seldom in
a hurry to divest themselves of valuable
property" they hold as their own. We have
not yet sufficient evidence of what the aotion
of the colored men has been np to this date
to be certain of what it will be. Then as to
the moral phaseB. All history is apt to re pro
dnce itself; nor are the Castilian raoes in any
portion of the globe muoh different from their
immediate, nor indeed their remote, progeni
tors. The Spaniards are very chary oi
foreisn intervention, aooept it grudgingly, Bet
it in the front of the battle, give it all the
labor, all the expense, and appropriate all the
results possible, repaying the aid with an in
eratltude which has no parallel in the history
of nations. Both sides are well aware that
upon the amount of Amerioan help depends
the suooess or failure of this struggle lor inde
pendence. Commercially as well as politically
the welfare of Cuba must be a vital question
for Amerioan politicians.
With this view of the case, whioh it 18 lust
to present as the fair deduotion from the
latest news, we cannot but add our fullest
sympathy with the cause of the revolution. If
the revolution is good for Spain, it is good for
her splendid colony. We commend prudence,
Statesmanship, and persistency. Cuba has her
rate in ner naaas, u her true sons will it.
Nations, like men, have periods when destiny
seems to stretoh out its hand. They are the
wlfebt who do not fall to see it. May Cuba
and her gallant sons be wise with the best
wisdom.
The 'ar In South America The llcsults
of the Ailltd "Victory."
From the X. Y. Time.
We are now in reoeipt of oomiderably later
intelligence from the seat of war in Paraguay,
and it is soaroely necessary to state that the
great Brazilian victory, of watcn we neara so
much by the last mall, turns out to have bsen
exactly like all the other great Brazilian via-
tones that nave preoeaea it. u is true, aou ot-
less, that the Paraguayan losses during me
recent engagements were enormous in pro
portion to numbers of their forces; but, then,
those of the allies were soaroely less so. And
we now find that instead of being a fugitive,
aooompanled only by a few demoralized strag
glers, Lopes is still at the head of an army,
and is fortifying himself in the interior. After
their lavish expenditure of men and money,
the allies, find themselves as far from attain
ing their object as ever. Their oatly flt
of iron clads, to which so maoh of their pre
vious suooess has been due, is now useless.
The campaign has to be oommenoed anew on
a totally different basts. Praotioally, btyood
killing a certain number of Paraguayans, the
Allies have done nothing whatever towards
the subiogatlon of Paraguay and the deposl
tion of Lopes during the two years of the war
The Brazilians, at least, avow that nothing
short of these two objeots will satisfy them
and their allies of the Argentine Itepubllo seem
to have been easily induoed to resume their
old place as oatspaws for their powerful neigh
bors. But it must be evident now to the most
obstinate as well as to the most sanguine
among the allies that nothing short of the
extermination of the- Paraguayan raoe can
secure for them the objeats at whioh they aim.
Under these oironmstanoe3, it is not surpri
sing to be teld that the dissensions in the
Allied army have culminated in the resigna
tion oi both the Brazilian and Argentine gene
rals. The Marquis de Caxlas, who has oer
tainly shown both valor and determination in
his efforts to accomplish his never-ending task,
is succeeded in the supreme command by an
other Brazilian officer. It is no wonder that
two years of fruitless losses and hardships
should have ended in mutual reoriminatlous
between the Allied oommanders. Bat the
simultaneous resignation of the two Generals
seems to have proved a particularly injudi
cious case of changing hones while oroising
the stream. While they were quarrelling
Lopez was fortifying himself, far away from
iron-olads, and in the interior of. his own
conntry.
Nothing in the history of modern warfare is
more remarkable than the extraordinary aud
almost unparalleled devotion to Lopez dis
played by the Paraguayans. That singular
raoe, isolated from their neighbors by tradi
tionary restrictions, accustomed to self-sacrifice
by the austerity of their Jesuit training,
and proud of their comparatively pure na
tionality as contrasted with the heterogeneous
mixture of races to be found in the ranks of
their opponents, regard their President
General with something little short of religious
awe. and reoeive his orders, civil or military,
in a spirit of unquestioning obedienoe. What
ever faults or deeds of cruelty may be urged
against Lopez, it ia impossible to maintain
that he rules by mere arbitrary power or ter
rorism. INo personal government based on
such a foundation cou.d have stood the strain
to which that of Lopez ha) been subjected.
It is to b hopel that the time for media
tion cannot be far off. The Allies must now
see the impossibility of aohieving their
objeot without simply destroying the Para
guayan raoe from off the faoe of the earth.
And even supposing tuey are prepared to
attempt and able to accomplish this, the
blood and treasure whioh they would have to
expend would be utterly out of proportion to
the stake at issue. Their honor must be
satisfied by the material triumphs they have
gained in the face of the most heroio resist
ance, and we cannot help believing that jadi
oions joint diplomatio aotion on the part of
any two or three powers might put an end to
a most 8anguinary and unoalled-for struggle.
The Foreign Policy of the New Adminis
tration.
From the X. Y. Herald.
President Giant has boldly laid down a rule
of aotion in his inaugural with referenoe to eur
foreign polioy, Baying: 'l would deal with
nations as equitable law requires individuals
to deal with each other."' w "I
would respect the rights of all nations, de
manding equal respect for our own. If others
depart lrom this rule in their dealings with
us, we may be oompeiied to follow their prece
dent." This is clear, unvarnished language,
readily understood. It will do more to effect
a cordial and immediate understanding with
foreien powers than all the Machiavellian
statesmanship of the past four years. It is a
simple ennnoiation ot our desire for strict
ustice: and when we fail to obtain it, ana
there is no disposition en the part
of the offender to grant it, then there
is but a single resource left for us,
and that is the law of retaliation. For in
stance, if England makes no reparation tor
the Alabama outrages, it is piain mat mere is
but one mode of settlement left to us, and
that the taking of Canada as a just reprisal.
The Minister who now so sadly misrepresents
us must be immediately recalled and a nrmer
and more dignified exponent of the United
States people be sent to the Court of St. James.
If the President's words are the gleam of
aotion then this will at once be dene.
There is a Spanish-Cuban question also
on hand. The resolution lately passed in the
House ol Representatives with referenoe to it
is the best Executive guide. President Grant
will not satisfy the people of the United States
unless he takes prompt measures to give at
once the whole moral influence of our Govern
ment to the liberal movement there. We do
not want Cuba desolated because Spain can-
not hold it: and we are "compelled to follow
the precedent" set by Spain when she lent her
indirect aid to the breaking up of our republi
canism.
On the southwest we find a people who Bet-
tie into chrouio anarchy and block the pro
gress of at least one-third of our territory.
Mexioo neither moves herself nor permits us
to move. Oar Exeoutive should carefully
submit a general plan of national polioy to
Mexico which shall be in unison with oui
own. If the .Mexicans refuse to listen to it,
their Government must disappear to (rive
place to a military colonial government under
the direction of the umta Mates. 'I here is
also a polioy to be adopted with referenoe to
South America. The are over thirty millions
of people there consuming per capita over seven
dollars' worth of goods annually, and pro
ducing for exportation a still larger amount.
There are two principles of government
Struggling there for tie mastery, the one
monarchical, supported powerfully by
Uniopean influence, and the other republican,
unsupported aud hitherto almost derided by
the creat republic.
In the next four years there ia to bs shaped
an Asiatic policy, around which may cluster
more of future greatness to our people than
we at present dream of. This future must ba
foiined with wisdom and with a breadth in pro
portion to its promise. Asia will soon be as
closely linked to us as Europe, and It is un
wise to let it grow into promlnenoe without
legislative notice. The clear common sense
language of the President, however, gives us
every hope that we are now to have, not only
with reference to Asia, but with all the world,
a boldly denned national polioy that will en
able foreign powers to understand that which
it has been imooHHtble for them to learn here
tofore what the United States proposes toward
mem auu wnat is expeoted in return.
Financial Views of the Inaugural Address.
From the X. Y. Herald.
President Grant has devoted the largest
portion oi uis unei nun verse inaugural ad
dress to the finanoial situation of the oountrv.
This shows that he regards the snbjeot as mo it
important ana overshadowing all other sub
jects. He lays great stres npon the neoesBsity
of protecting the national honor by paying
ier; uuuu ui w pauuo aeoi ana tue lot,
rest as It becomes due aooordlng to the eon-.
tract, lo do this he would give the publio
creditor the benefit of any doubt, even as to
how 'certain securities should be paid, and
emphatically declares that every portion of
the debt should be paid in gold, unless other
wise expressly stipulated in the oontraot. This
will have the effect, undoubtedly, of apprecia
ting the market value of our Five-twenty
bonds both abroad and at home. He will not
trust any one in publio offloe who ia a repu
diator. He believes that by making this the
policy of the Government we shall be enabled
ultimately to convert the debt into bonds
bearing less interest than we now pay.
To accomplish this objeot he deems it im
portant, however, that there should be a
faithful collection of the revenue, a striot ao
oountabillty to the Treasury for every dollar
collected, and the greatest praotioal retrench
ment in expenditures in every department of
government. These are brave words; and we
have no doubt our new President will use all
C!b power to carry out the views expressed.
But it will be necessary for Congress to con
fide in and aid him in the good work. The
Government has been defrauded in the collec
tion of the revenue a hundred millions a year,
and the expenditures in these times of peace
are at least a hundred millions more than is
necessary. It may be in his power to save all
this by reorganizing, in the first place, the
whole maohlnery of the Revenue Department
and holding the heads of it responsible; and, in
the second plaoe, by cutting down the expen
ditures of every branoh of the exeoutive gov
ernment. There are a thousand ways in
which he can do this in the army, iu the
navy, in the civil servioe, and in checking the
extravagant appropriations of Congress. It
is evident he is opposed to further lame ao-
proprialions for railroads, however valuable
such works may be, till the finances of the
country be restored and we reach a speole
basis; for he intimates that the Government
should give its aid to these only when a dol
lar of obligation to pay shall be no more in
value than the dollar of aid that may be
afforded tbat is, the Government should not
had its credit in a depreciated currency and
then have to pay in gold.
On the subject of reaohing specie payments
President Grant takes a sensible and praotioal
view, tie desires to return to a specie basis.
but only when it can be accomplished without
mateilal detriment to the debtor class or to
the country at large. How the publio debt Is
to be paid or epeoie payments resumed ia not
so important, he says, as that a plan shoul i
be adopted and arquii-sced in. lie admits that
legislation on this snbjeot may not be necessary
now, nor even advisable, but win be when the
civil law is more fully restored iu all parts of
tee country and trade resumes its wonted
channels. The first step, he maintains, is to
see that onr prostrate commerce be rebuilt and
an industries encouraged as the basis of re
suming ppeoie payments, restoring the finances,
and paying the debt. This is just what we
have maintained all along. Specie payments
will come gradually and as insensibly as the
dew falls, when the national finances shall be
plaoed on a good foundation, retrenchment
and eoonomy be praotised, and as the industry
and trade of the country become improved and
developed- Those inexhaustible mines of pre
cious metals in the mountains of the Far West,
too, which President Urant designates our
"strong box," will be unlocked and contri
bnte to bring about at no distant day an abun
dant specie cirouletion. On the whole, Presi
dent Grant takes a sensible, practioal, and
conservative view or the financial situation
and prospects of the country. All that re
mains to be done is the application of the
policy he has laid down and the oo-operation
of Congress in carrying it out.
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IC1UBEB FOB PRESENTS
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PHILADELPHIA,
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LEGAL NOTICES.
1 N THE DISTRICT COURT OP THE UN TED
J. 8TATH FOlt U KABiKHN lUdTKlUl' OJT
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The ondrlgnil hereby kIvm notice ot hi. appoint-
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iluin. iu id jvany or i'lilladelunik ana
ni. ol V.uu.ylvauia, wllbiu .itl Dmiilci. who bm
betD .dJudgKl ftbkukrupl opou iilaoffa ueuUlju by
' ilia liiatriufc ur 'i.ricu
JOHN JlUKRT. AII1.
No. ISBOtUh felXTHhtrcet fblid.lubi..
fiUJlvUla. 1'llMfJ, IIM. M UituK
FINANCIAL.
UNION PACIFIC
EAILROM)
FIRST MORTGAGE
30 YKAKS BIX PER CENT.
GOLD BONDS,
FOR SALE AT PAR
AMD
ACCRUED INI EST.
DEALERS IN GOVERNMENT SECURITIES,
GOLD, ETC.,
No. 40 South IHinO Street.
ti u
PHILADELPHIA.
LEDYARD & BARLOW
Have Removed their
LAW AND COLLECTION OFFIOE
No. 10 South THIRD Street
PHILADELPHIA
And will oonilnae to give careful attention to
collecting aud securing CLAIMS througbotil
the United States, Brltisli Provinces, and Eu
rope.
Slsht Drafts and Maturing Paper oolleoted at
Bankers'. 1 38 era
rLEMMING, DAYIS & CO
No. 13 South TniRD Street,
PHILADELPHIA.
GLEMMM, DAVIS & AIORY
No. 2 NASSAU St., New York,
BANKERS AND BROKKUS.
Direct telegraphic communication with
the New York stock Boards from the
Philadelphia Office. u
BKJamison&Co.
8UCCE8S0&S TO
P. F. KELLY & CO.,
BANK EBB AND DEALERS IN
Gold, Silver, and Government Bonis,
At Closest Market Kates.
N. TV. Corner THIRD and CUES NUT Sts.
Special attention given to COMMISSION ORDERS
In New York and Philadelphia Blocks .Boards, eto.
etc. S 11 3m
Dealers In United States Bonds, and Mem
bers of Stock and Hold Exchange,
Receive Accounts of Banks and Bankers on
Literal Terms.
ISSUE BILLS OF EXC11ANQE 03
C. J. HAMBRO & BON, LONDON,
B. METZLER, 8. BOHN 4 CO., FRANKFORT
JAMKS W. TUCKER & CO., PARIS,
And Other Principal Cities, and Letters of
Credit Available Throughout Europe.
F
O R
8
E.
LEIIIUH T ALLEY RAILROAD CO.'S
SIX PER CENT.
MORTGAGE BONDS.
Alto Pennsylvania and New York Canal and Ball,
road Company'! BEVKN PER CANT. MORTGAGE
BONDS, guaranteed by the Lehigh Valley Railroad
Company. THE LEHIOH VALLEY OLD BONDS,
BTJBJECT TO TAX, EXCHANGED YOB NEW
IBfeUE FREE FROM TAX,
CHARLES O. L0N09TRETH,
1 1 lot Treasurer.
P. 8. PETERSON A CO.,
Stock and Exchange Brokers,
No. 39 South THIRD Street.
Members of the New York and Fhiladel
. phia Stock and Gold Boards.
STOCKS, BONUS, Kw,, bougbt aud aold on
eouiwUalou oui alolibarolty, lSJ
FINANCIAL.
Union Pacific Railroad.
1040 MIIXSS
SOW COMPLETED.
The ' First Mortgage Bonds,
BATING 30 YEARS TO KU3,
Principal and Interest Payable ia
Gold,
WE AKE HOW 8ELLI38
AT
PAR A1ND INTEREST,
Or exchanging for GOVERNMENT SECURI
TIES on tbe following terms;
For $1000 1881a, vre pay a difference of......lSl IT
WOO 1862a, we pay a difference of........ 141-6
61000 1864s, we pay a difference of 107-91
1000 1865s, N jv., we pay a Uff. of. 121-68
1000 10-408, we pay a difference of.M (W 42
10001865s, July, we pay adiOVrenoeof 108 43
10(0 1867s, July, we;pay adlfferenceof 10117
1000 lbOSs, July, we pay a difference of 104-17
Or in proportion, aa tne market for Govern
meat Securities may fluctuate.
WI, PAIIJTER & C0.f
BAXKER8 kSU DEALERS 13 GOVERN
MEMS, GOLD, ETC.,
Mo. 33 South THIRD Street.
t IS PHILADELPHIA.
gA HKINC H O U 8 EC
OF
JsrCooKE&fp.
Nos. 112 and 111 South THIRD 8 tree
PHILADELPHIA,
Dealers In all Government Securities.
Old 6-20s Wanted In Exchange for Mew
A Liberal Difference allowed.
Compound Interest Notes Wanted
Interest Allowed on Deposits.
COLLECTIONS MADS. BTOCKS bovfbl and aoM
on Coram lialon.
Special BMlnena aooonuaodatlona reaervoS
Utile;
We win receive applications rot Policies of L
Insurance in tne Kauonai 11 rs Insoranee Company
of the United States, roll Information given ai o a
offioal 1 ism
COAL.
i L l I a r.i v. alter,
LEHIGH GOAL,
Also, Lorberry and Locust Mountain.
Depot, No. 957 North NINTH Street,
Below Olrard A venae. 1 80 tKU
Office, Cer. S1X1H and SPRING GARDEN.
MEDICAL,
- i i a .i - ms i ii mm
piLES OR HEMORRHOIDAL TUMORS.
All kinds perfectly and permanently cured, with
out pain, danger, caustics, or Instruments, by
W. A. McOANDLBSa M. D No. ll6 8PBINU
GABDEN Street. We caul refer yon to over a
tnonsaad of the b.at cltzsns of Pnllalelpbla oared.
Befernce given at our omce. t ti lm
ROOFING.
B EADY ROOFIN G.
Thin Kooling is udapt) to all hulldlniiM.
Ii can be appilnl to htt.EP OK IXtT
HOot'S b( one-bif tbe expense of tin. It la
readily put on ol! ttlilngle Koofs wltuoo1 re
moving the snlnifB, thus avoiding tuedurnajr
lrK f cfcllinueaiui turnlmre wtule uudergoUiiz
repairs. (No gruvtl uned.)
PBliKBVB 1'OiIt TIN BOOFI WITH
HtLIOJCSi PAINT,
I am always lief en d to Repair and Paint
Koots at abort mi' Ice. AIo, P,tl,r t'OU
MLE by tbe i..rr-i or gallon, tbe ueetand '
ciitupeetln tneiiiHiket.
W. A. WELTOI,
2172 No. 711 N MNl li bt.,uove (Joules.
PROVISIONS, ETC.
MICHAEL 5IKAG11EH & CO.,
Bo. 223 8tm SIXTEENTH Street,
WHOLESALE A 1 RETAIL DK4LEB& IN
PBOVIMIOHS,
UVMll: ., AI MAM) CI.AMS.
roa f AiiiLr irsK.
TEKBAPIMS PKUViJIKH, (
n Ti-vi i'iow Rat t leu.
For IwIliit, nrat Nteauibouu, Etc
Prevents Batt ll u and Bbnklna of the Win
dows by tbe win, ur other causes, tlgotena the
an. preveuut m winuuu nunliroiu et
easily attached, and requires but a
glance to Judge oi lu inertia.
Call on the (4eu-rU Agent,
u;h. prevents n wind and it nit from enterlug.
i a aingio
O. P. ROSE
Ku. 727 JAYNE Street,
Bel ween Market and Ohesnut,
18 11 fmwBm Philadelphia.
WIRE GUARDS,
FOR STORE FRONTS, ASYLUMS. FACTO
RIES, ETC.
Patent Wire Hailing, iron Bedsteads. Orna
mental Wire Work, Paper makers Wires', and
every variety of Wire Work, m unufaotured by
M. WALKER & SONS, , ,,
Xlfaivl No. UN.SlXrastieou" ,
a.