2 THE DAILY EVENING TELEGRAPH PHILADELPHIA, TUESDAY, JUNE 15, 18G9. SPIRIT OF TIIE PRESS. EDITORIAL OPINIONS OF TIIE LEADING JOURNALS WON CUBKENT TOPICS COMPILED EVERT DAT FOB THE EVENING TELEdRAPH. GENERAL GRANT'S ADMINISTRATION. From Ihf. X. V. Time. The hostile clmnor against Genoral Grant's administration has in good part died away. Democratic partisans continue to denounce it as a failure, but this is pnrtly from the force of habit and partly in the hope of party profit lint the disposition, which at one time seemed quite general among Republi cans, to disparage and docry it, has given place to a temper at once more hopeful and more just. It seems at last to bo felt that the administration hits had as yet nothing like a trial; that three months, under any circumstances, is not time enough to test cither the justice or the w isdom of any ad ministration; and that tho circumstances which have surrounded the beginning of General Grant's term have been especially unfavorable to the formation of a just and dispassionate jndgment. The expectations of the public, in tho first place, were extravagant and unreasonable. General Grant's great military renown, and the reputation his services in supprossiug the Rebellion had given him, inspired an undue estimate of what he could do as President, and led the people at large to expect from him whatever the country might need from any department of tho Government and in any branch of public affairs. It was forgotten that tno department no Una been called to fill was at best one of limited power, restricted by tho Constitu tion to tho execution of the laws of Con gress, and greatly curtailed even in that, by recent legislation and by constant en croachments of the other departments of the Government. , At the outset of his adminis tration, moreover, he encountered what must always be, so long as onr present system exists, an enormous difficulty to every new administration, the redistribution of official patronage. This has probably been a greater embarrassment to him than to any of his predecessors since the beginning of the Government. The war had multiplied enor mously the number of offices to be filled, and had, at the same time, increased enormously the number of applicants for them. Party spirit has grown more and more exacting, more and more selfish and loss disposed than over to give paramount consideration, in judging the motives of public men, to the welfare of the country. The Republican party had become largely venal and less patriotic than ever before. The greed for ojice had become more universal, more clamorous, more intolerant, and inbre unreasonable. Under these circumstances it was scarcely possible that General Grant should not fail to meet the expectations of the country. Un questionably ho did fail, and it is quite certain that any other man in his place would have failed quite as badly, and probably much worse, than he did. But the country. has como to understand that the appointments to office of tho first quarter of a new administration afford no just test of its capacity or character. Gene ral Grant disappointed the country, we tninK, in abandoning so hastily the policy with which ho set out of making honesty and fidelity in the' performance of duty the sole tenure of office, and by surrendering so soon and so absolutely as ho did to political cliques and factions the power of dictating removals and appointments. But it may be doubted whether lie could have done otherwise. Political par ties were too strong for him. He could only resist their dictation with the certainty of a prolonged contest, in which he was by no means sure of winning, and which would have added greatly to the difficulties and embarrass ments of his position. That matter, at all events, is disposed of, and the administration is now free to give its attention to the graver matters which involve the public welfare, and upon which the ques tion of its success or failure must really turn. While no effective action can be taken on these matters until the meeting of Congress, and while Congress will then be more directly responsible for them than the President, it will be for him to recommend such measures as he may deem best adapted to meet the public necessities and to promote the public interests. He has assured the country that he shall have a policy on all public questions; and although it will not be forced or urged in defiance of the convictions or wishes of the people, the character and scope of his recom mendations will afford the true criterion by which his administration will be judged, i So far as we con judge by past indications, there is no reason to fear that the action of the new administration will not be adequate to the public wants, and fully meet the ex pectations of the country. It has done much already to give effect to the policy of recon struction adopted by Congress, and to adapt its execution to the wants and necessities of the Southern States; and there is every roason to believe that before the first term of Presi dent Grant Khali have half expired, harmony of feeling and action will have beou re stored to the sections so recently arrayed in hostility against each other, and all in jurious traces of the recent conflict will Lave been removed. Very gratifying progress is made towards paying the .public debt, and in relieving the industry of the country from the burdens that it must impose. The Indian questions which have hitherto given the Government so much trouble are in a fair way of adjustment. The collection of the public revenues of the coun try has been greatly improved, and greater efficiency and integrity secured for this branch of the public service. The War and Navy Departments, in spite of clamor against the men placed at their heads, have never been administered with greater vigor or success. And in every deportment of the Government there is a very decided improvement in tho mode of carrying on its an airs. Persons who have been disappointed in gotting office, and politicians who have failed in securing for themselves as uiueri 01 inniv ence in the distribution of office as they think thev oiiL'ht to have. are. of course, under the first impulse of their chagrin, disposed to pro nounce the administration a failure. lint the fihanmess of their disappointment will soon wear awav. and their temper, like that of tho country at large, will grow less impatient and more iust. Generul Grant has by no means yet lost that wonderful public confidence . which brought him into office, though it is doubtless true, as it is not strange, that in the difficulties and embarrassments ot a new administration, it should have become some what impaired. And now that his initial roubles have been surmounted, we believe it "'1 be strengthened very greatly and very Uly lroiu this time lorward. PRESIDENTS AND PARDONS. v. r. World. afty and loyal old commentator ' "8 of England, Sir William Ulack- ' --casion, in his observations upon the attributes f royalty, to protect thnt the I pardon i ing power, in its bountiful reHomblance to the Divine mercy, belongs and can belong to the head of the Mate only under a monar chical form of government. Ho girds, in lan guage more glowing than logical, at "demo cracies," as being by their constitution inca pable of this wise and gracious emo'ient of authority. If the decision of Judge I'.l itch ford, of the District Court of the United Sta'es for this district, in the matter of the petition of one Moses Dnpuy, heard before him on Saturday, is to be tho definito interpretation and final settlement of the law of the land, we should be inclined to think that Sir Wil liam Blackstone understood the nature of democracies wherein he had never lived quite as well as he understood the nature of the monarchy wherein ho had lived. Tho case of Moses Dnpuy should bo as fa miliar to most of our readers as anything of recent occurrence not directly affecting th'iir own interest can well bo expected to be. Moses Dupuy, convicted (improbable as it niny appear) of illegal conduct in connection with certain "whisky operations," was sen tenced, some time in List January, to pay a fine of mi and to be imprisoned for a yoar. President Johnson, just before his term expired, saw nt, lor reasons not here neces sary to be inquired into, to issue a pardon to Dupuy, tho fine imposed upon him hiving been already paid. This pardon passed under tho great seal of the United States, and was remitted in duo course of tho mails to the Marshal of tho United States. This officer had placed Dupuy in the custody of tho warden of tho Penitentiary on Blackwell s Island, and it was obviously his duty, as soon as ho received the par don of his prisoner, to cause him to be released from that custody. Before tho Marshal had discharged this duty, however, a telegram reached him from President Grant ordering the pardon of Dupuy to be sent back to Washington. Similar action had been taken at the same time by the new President in regard to certain other pardons granted by his predecessor; and a good deal ot amaze ment was, naturally enough, expressed throughout the country at this promptitude in attempting to uniiul the mercy ol the Govern ment shown by a President who exhibited no such alacrity in making up his mind either as to the policy which his adminis tration should pursue or as to tho counsellors who should assist him in framing and carry ing out a policy. One of the persons struck at oy this attempted revocation of the pardons of President Johnson happened to be a JJos- tonian. Mr. Attorney-Generallloarpronounced against the action of the new President in the case of this Bostonian, and the latter is now, we believe, at liberty. Quite otherwise has it fared with the unlucky Dupuy. By a remarkable combination ot circumstances, Dupnv'8 case came into tho hands of Mr. Clarence Seward, formerly tho law partner of Judge Blatchford, and now the law partuer of Judge Blatchford s father, that venerable gentleman, though well advanced in years, and long retired from tho bar, having come forward in a truly beautiful spirit of paternal devotion to supply, in tho name of the firm of Blatchford, Seward, and Griswold, the place lelt vacant bv the elevation ot his son to the bench. With Mr. Seward Mr. Stoughton, another eminent barrister, associated himself in the attempt to secure the Presidential pre rogative of mercy against the innovations of President Grant. Both ot these gentlemen, it is understood, pressed their services in the most cldvalrie manner upon the prisoner, asking, line tne .irmrn-.inrof'it, or "poor man s pleader, of the German courts. and like the gig-pliilanthropist of Boston, Mr. John Augustus, no other fee or reward save the approbation ot their own consciences, which, as we all know, bears no exchangeable value in all street, and goes but a litile way to words favorable discount at tho bank. On the other side appeared for the Government Mr. Edwards Pierrepont, tho newly-appointed District Attorney. We are loth, being lav men, to raise questions as to tho relative legal ability of Mr. Pierrepont and his adversaries But holding, as we do, very clear and decisive views as to the original nature and intended scope of the great Presidential act of grace, we ure forced to infer from Judge Blatcht'ord's decision that the merits of the case can hardly have been presented to hmi by his friend, Mr. Stoughton, and by his former partner at the bar, Mr. Seward, as strongly as its demerits must have been by Ins friend who is not his partner, Mr. Pierrepont. The vital question ot tho case, covered, as we showed a week ago, by Chief Justice Mar shall s reasoning in the case ot JUarlmry vs Madison as to the conclusive character of let ters-patent passed under tho great seal, does not seem to have been touched either by the prisoner s counsel or the Government attor ney, nor does it seem to have so much as en tered into the mind ot the very learned judge, At all events, the result is that his Honor has recorded his decision not only that a Presi dential pardon, like a contract for the sale of shoes or of peanuts, hath no validity until delivered to the person pardoned, but that pardon which by any moans is prevented from being delivered, and thereby certified, to the warden or other functionary having charge of a prisoners body, is no pardon at all. Whether this decision would or would not be thought to have any possible bearing on the facts or the controlling law of tho case on a review, we will say belore Judge Nelson, may perhaps be doubted. Nor is it possibly a very grievous thing that Jlr. Moses Dupuy should be lor a season longer secluded from tho society of his fellow-men and the pursuit of prosperity through whisky. But it does appear to us to he rather in tho nature of a public misfortune that the general esti mate of President Grant's apprehension of tho rights and duties of his high ottice should rest, even for a time, upon the public sense of the virtue and the validity of a judicial decision, rendered, as we may say, in the bosom of a small legal family, and tending, us far as it goes, to put the pardons of an American President upon a level, in point of force and significance, with the I'drdoim d l'livr linl, or any other merely theatrical demon stration. MR. MOTLEY'S RECEPTION, front the '. r. Trunin. Our new Minister to England has been re ceived and installed, and tho prologue to another diplomatic drama of Alabama claims has been road with nil the pomp of an English official greeting. The mail brings us an ac count of Mr. Motley's arrival in Liverpool, done by a friendly Jenkins, in his moment of highest inspiration. Mr. Motley's steamer mode a voyage so slow that the Cunord peo ple feared it might provoke tho criticism of his friends; and so, to mend matters, they sent out not less than three steam-tugs in search of her. It is duly recorded that tho Minister, his family, his suite, his attendants,: his luggage, were transferred to one of thd tugs and hurried up 10 ino wnan. jiow many maid-servants were of tho party, ajid how many trunks Mr. Motley had, ami how big they were, Jenkins sets down with tho enthusiasm of a man-servant and tho delight of "a trunk-maker. lie tells us. how the steamer Cuba wiw discovered, how tho twin pot astern of her, how sbe came alonq west- ward of the northwest lightship, how she slowed at once, how the gangway was lowered, now me uonsni visited the Minister, and how a mysteriims conversation took nla-se. during which time the thirty-one enormous . i. .. ..r HT 1 1 , . iruimn ui .bit. money loomed up like a portent. Arrived at the dock, the Minister was met by "His Worship the Mayor, Mr. Doves, the iowu cicrK, ami jiajor vtreig, me nead con stable." This was polite and proper, albjit old-fashioned, and in Dogberry's order of pra cedence. Tho Mayor had his gilt coach in waiting, along with a great force of police men, a little as if Mr. Motley were the advanced guard of the expected invasion. There wore no hostilities, however. Tho Mayor ott'erod Mr. Motley his gilt coach, and wo dare say would have thrown in the town clerk if wanted; but our modest Minister, says tho reporter, reflected that he had not yet been presented to tho Queen, and doubted whether tho gilt coach was not, in the circumstances, too grand for him. At any rate, he preferrod sensible man to drive up to tho Adclphi with Mr. Dudley, our Consul, who also had his carriage waiting for the Minister, and had, moreover. himself gone down in a tug to get him safely on the lagging steamer. lhev Hew at him with addresses instantly Two Chambers of Commerce struggled with each other for the first shy at the now Minis ter. What they had said, or meant to snv. to him who has now departed would be equally good tor him who has just reached the shore. Mr. Motley proved good-natured, and agreed to take the two other at 10 on Monday morn ing. J low much we all love each othor as if we had not been on the brink of war lately how wo speak the same language, and other ingenious sentences, including the now fatni liar impertinence of lecturing a foreign minis ter on the domestic legislation of his own country these protestations wo had, as we have had before. They have been served up so often that thev had perhaps a little of the flavor of nchanne. or of hashed mutton; but then one must not be particular when a town notoriously so friendly to us condescends to be civil to our Minister. Mr. Motlev replied with general assurances of good will, adding a hint that what tho Chamber of Commerce had to say about free trade they might as well ad dress to tho Congress at Washington. Then, spurred by a telegram from Lord Clarendon, he said good-by to the postering delegations ami went up to London, whore he has doubt loss been beset by every sort of infliction which such a functionary can be called on to endure. We suppose that, after this chapter of microscopic lnstorv, the English journals will do us the lavor ot suspending criticism on their American cotemporaries for, perhaps, a day. On tho whole, however, wo cannot feel lispleased. I his Jenkins, in his hack way, has touched an international chord which vibrates through the whole length of the cable, and on both sides f the water. Not withstanding the rejected honors, the repu diated dinners, given through Mr. Johnson to the devouring American principle, the good- natured public ot Lugland are intent upon showincr us that, whatever indi nation they may have nursed against us, they know their ceremonial duty to un ambassador. It there is anything olse they desire further, it is to make manifest what everv diplomatist will aver from this day till doomsday, that it is good for nations to lie lriendly and bad for them to go to war. let we see no vestige ot a want ot respecta- bility in the British attitude of welcome. The response of Mr. Motley is not less frank and friendly than it should be, and promises for us a lease of that moral statesmanship which we so much need in Lnrope, and which is as good lor us in a question ot money as in a inestiou of principle. Now that trumpets have been blown strenuously on both sides, the diplomatists may, we trust, quietly sit down to the consideration ot the niodest pnn ciple that two and two make lour. IMMIGRATION ON BOTH SIDES OF TIIE CONTINENT. frnm the X. 1'. Herald. 1 he tide ot immigration on our snores is rapidly increasing. "With the opening of spring it ha sset in in a surprising manner. .During the month ot May there arrived at this port from Europe over fifty thousand: in tho preceding month of April there were over twenty-seven thousand, and for the five months from January to May 31 the number was upwards of one hundred and two thou sand. Hut the arrivals for the first seven days of the present month are more astonish ing still. In that week there arrived ten thousand nine hundred and seventy-eight. The greatest number of these immigrants sailed from Liverpool and are nearly all Irish that is, out of the hundred and two thou sand since January nearly fifty-four thousand were from Liverpool and Ireland. But the Germans, too, come in great numbers, for during the same period there arrived from the two ports oflsremen and Hamburg over thirty- two thousand. Tho rest are from Glasgow, London, Copenhagen, and Antwerp. The increase is large over the immigration of last year, and seems to have set in with a perfect Hood. On tho other side of tho continent every steamship arriving at San Francisco from China and Japan brings a load of Asiatics. We have no doubt the time is near at hand when the immigration of Chinese and Japanese, and ot Chinese particu larly, will equal or exceed that from Europe. The completion of tho Pacific ltailroad and the constantly enlarging commerce and inter course with Asia will bring hundreds of thou sands of these industrious and cheap laborers to all tho mining regions, and across the mountains to the mighty and prolific valley of the Mississippi. It has been said that the Chinese are not a desirable population, and that they come here to make money for the purpose of taking it back to China. They are very industrious, and have been most useful in building the Pacific Railroad. If even they return to China this country is improved and benefited by their labor. But we are convinced that few comparatively would return if treated properly here. Thou sands have settled permanently at Singapore, the Sandwich Islands, and other foreign ports, and they would settlo in America it not per secuted and placed under disabilities. With such a stream of population coming in on each side, we can hardly imagine what will be the future of this great country. Doubtless it will have some influence npon our social and politieid life, though we hope the original stock tho pure Caucasian race will con tinue to control the destinies of the republio; but whatever may be the effect in this re spect, the wealth, population, commerce, and power of the country will be vastly aug. niented. REDUCTION OF THE NATIONAL DEBT. from the X. Y. Herald. te hear little lately of what tho Socrotarv of tho Treasury is doing in buying up with, his largo surplus fund our interest-bearing securities, and bo reducing tno burden of tlie . nationul debt, .lie may be quietly ut work, and we may hear the result hereafter. We hope it may be so. Ho ought not to abandon the policy lie laid down and acted upon. On the contrary, he could not do hotter th:tn in crease the purchase and cancellation of the debt bearing gold interest. He has an enor mous sum in the Treasury lying Kile and un productive. According to the official state ment ot the publio debt published on the third of this month, there was in the Trea mry over a hundred and five millions in coin and over twenty-three millions in currency. If all this be reckoned in currency at the present price of gold, we find there was about one hundred and seventy millions of dollars. This would purchase one hundred and forty-four millions, at t ho present market quotations, of five-twenties, bearing six per cent, interest in gold, which would make a saving in yoarly interest of little less than nine millions in gM, or twelve and a half millions in currency. This, too, would bo a perpetual saving, a cancella tion, in fact, of so much of the public dobt, and a great relief to tho burdens of the peo ple. Jrue, there is tho interest on the Jury coupons, payable in three weeks, to bo pro vided for, but this will amount only to about thirty millions. But the income of the Gov ernment is coming in all the time is a perpetual stream into the Treasury and tho prospect is that by the first of Jnly the amount on hand will be much larger than on the first of Juno. Thero is every reason why Mr. Boutwell should increase his purchases of tho dobt. Tho re serve of coin in the vaults of the Treasury has no effect in bringing down tho premium on gold, and it is more likely tho sale and dif fusion of it among business men and the com munity will have that effect. Certainly it would in the end break down tho gold gamb ling combinations here and elsewhere, and make the Secretary master of the financial situation. There is no fear of the Govern ment needing the reserve on hand, and the use of it in the way we advise would tend to moke Congress and tho departments less ex travagant, xsow it is an immense corruption fund, into which all want to thrust their hands. Let Mr. Boutwell pay no attention to the gold and stock speculators, who have at ready exhibited their weakness, but act upon this broad policy boldly and unceasingly. GAS LIGHT FOR THE COUNTRY. SAFE, RELIABLE, AND ECONOMICAL. PLACED OUTSIDE OF BUILDINGS!! FERRIS & CO.'S AUTOMATIC OAS MACHINES Hare been In successful on prat ion for eleven rears, and in all canes ivou purfoct satisfaction. The litfht is muuh superior to that ot city gas, at mucn less cost, rue miiir nct idnnts arisinff from tue use of KEKOSKIVK and UOA1 U1L JjAMI'S and wort Mess bub luacbiues should in dueeporsons to adopt a safe, economical, and satisfac tory hunt. The simohcity of our machine, its slow motion. its superiority over all others on acuount of its KKVOLV N(i Hvaporator, which takes up all the carbon from the material, and the fact that it will run for years without cost for repairs, recommend it above all others in the market. The machine can be awen in operation at our Umce, w Lie re explanations ana references win hesiven 6 Hatha 8m2pl No. 307 CHKSNUT Street, PaiU'da Best quality of GASOI.INK alwnvson hand. WINES. H E R MAJESTY CHAMPAGNE. DUNTOtf &. LUSSOtf, 215 SOUTII FRONT STREET. rpiIE ATTENTION OF TIIE TRADE 18 -1- solicited to the following very Choice Wines, eta., for sale by 215 SOUTH FRONT STREET. CHAMPAONKS. Aaents for her Maioxtv. Duo da Montobello, Carta Blotie, Curte Hlancha, anil Charles rarre s Grand Vin P.ugunie, and Vin Imperial, M. K Ion- man Co., of Aluyenve, sparkling Moselle and KliiNK WINKS. MAI) F.IRA 8. Old Island, South Side Reserve. tSHKRRIKS.-F. Rudolphe, Amontillado, Topaz, Val letta, Pale and Golden Har, Crown, eto, PORTS. -Vinho Velho Real, Vallette, and Crown. CI.ARF.TS Promis Aine A Cie., Montferraud and Bor deatii. Clarets and Kauterne Wines. (JIN. "Meder Swan." RRANDIK8. Hennessey, Otard, Dupuy A Co. ' various vintages. 4 6 QABSTAIRS & McC ALL, Nos. 126 WALNUT and SI GRANITE Streets, Importers of BRANDIES, WINES, GIN, OLIVE OIL, ETC., AND COMMISSION MERCHANTS For the sale of PURE OLD RYE, WHEAT, AND BOURBON WHIS. KIK.S. 6 38 2p CAHSTAIltS' OLIVE OIL AN INVOICE of the above for sale by OARRTAIRS it MoOAIX, 6 28 2p Nos. 120 WALNUT and 21 GRANITE Sts. BLANK BOOKS. BLANK BOOKS. The Largest Stock and Greatest Variety OK rULXi AND XXAX.F-BOUPJD BLASK BOOKS, MEMORANDUM, PASS, COPY-BOOKS, ETC. ETC., To be found In this city, lg at the OLD ESTABLISHED Blank Book Manufactory or JAS. B. SMITH & CO., No. 27 South SEVENTH St., 8 18 thstnsm PHILADELPHIA. OFFICE AND SALESROOM, FTRST FLOOR ; WAKE ROOMS, UP STAIRS. DRUGS, PAINTS, ETO. JOBEllT SHOEMAKER & O O, N. Corner FOURTH and EACE Sts. PHILADELPHIA. WHOLESALE DRUGGISTS, Importers and Manufacturer! or ; Whit Lead and Colored Paints, Putty Varnishes, Etc. AGENTS FOR THE CELEBRATED FRENOH ZINO PAINT 8, Dealer aud consumers supplied at lowest prices forcasu. ........ .-UtJ FINANCIAL. B A K K I N U H o u a K or JAY COOKE & CO., Not. 112 and 114 South THIRD Street PHILADELPHIA. Uealera In all Government Securities. Old 5-408 Wanted In Exchange for New. A Liberal Difference allowed. Compound Interest Notes Wanted. Interest Allowed on Deposits. COLLECTIONS MADE. STOCKS bought and sold on Commission. Special business aocommodatlona reserved for ladies. We will receive applications for Pollclos of life Insurance In the National Life Insurance Company of the United States. Full Information given at oar ofllce. 4 1 8m UNITED STATES COUPONS DUE JULY I, WANTED. COUPONS OF UNION PACIFIC RAILROAD DUE JULY I Taken Same as Government Coupons. DE HAVEN & BRO., BANKERS AND DEALERS IN GOVERNMENTS, NO. 40 SOUTH THIRD STREET, Gilim PHILADELPHIA. LEDYARD & BARLOW HAVE REMOVED THEIR LAW UNO COLLECTION OFFICE TO No. 19 South THIRD Street, PHILADELPHIA, And will continue to give careful attention to collect ing and securing CLAIMS throughout the United States, British Provinces, and Europe. Sight Drafts and Maturing Paper collected at RankersYRates. 1 28 6m QMITH, RANDOLPH & CO., BANKERS, Philadelphia and New York. DEALERS IN UNITED STATES BONDS, and MEM BERS OF STOCK AND GOLD EXCHANGE, Receive Accounts of Banks and Bankers on Liberal Terms. ISSUE BILLS OF EXCHANGE ON C. J. HAMBRO A SON, London, B. METZLER, S. SOIIN A CO., Frankfort. JAMES W. TUCKER 4 CO., Paris. And Other Principal Cities, and Letters of Credl 1 2tf Available Throughout Europe. 22. 3. JABXISOCT & CO., SUCCESSORS TO T. F. KELLY & CO., Hankers and Icalers iu Gold, Silver, an! GoYmrat Bonis, AT CLOSEST MARKET RATES, N.W. Corner THIRD and CHESNUT Sts. Special attention given to COMMISSION ORDERS n New York and Philadelphia Stock Boards, etc. etc. 6 8tta 81 QLENDINNING, DAVIS & COi NO. 48 SOUTII TnillD STKEET, PHILADELPHIA. GLENDINN1NG, DAVIS & AMORY, NO. 2 NASSAU STREET, NEW YORK BANKERS AND BROKERS. Direct telegraphic communication with the New Tork Stock Boards from the Philadelphia Ottice. 122 R E M L. ELLIOTT & DUNN HAVING REMOVED TO Til KIR NEW BUILDING No. 109 S. THIRD Street, Are now prepared to transact a GENERAL BANKING BUSINKKS, and deal In GOVERNMENT and other Se curities, VOW, BlLlJi, Kto. Receive MONEY ON DEPOSIT, allowing Interest NEGOTIATE LOANS, si Ting special attention to MER CANTILE PAPER. Will eiecut order for Stocks, Bond, etc, ON COM MISSION, at the Stock Exchange of Philadelphia, New York, Boston, and Baltimore. 4 jfcjj P S. PETERSON & COT. Stock and Exchange Brokers , No. 30 South THIRD Street 1 Members ol tne New Tork and Philadelphia Stool and Gold Boards, STOCKS, BONDS, Etc., bought and sold on 00m. mission only at either city. 1 wi BAMUEL WORK.) J'KANOIS V. MILNR, WOXUX & XIIXLE7X2, BANKERS, STOCK AND EXCHANGE BROKERS, if, lai s. third a., nriiuDtirau FINANOIAU. E. VV. CLARK & CO., No. 3D South THIRD Street, r ii 1 1, a n i- i, p ii i a. DEALERS IX Government Securities, Stock, Gold and Note Broksrs. Account of Rank. Firms. nd Individual recoWsd. ubject to choo at tight. INTEfcKST ALLOWED OS BALANCES. GENERAL AGENTS FOR rniirisrivArjiA ' AND SOUTHERN NEW JERSEY OF TUB NATIONAL LIFE INSURANCE CO. OF TUI UNITED STATES OF AMERICA. THE NATIONAL LIFE INSURANCE COMPANY it corporation chartered bj ipeoUl Act of Cooirroaa. q. proved Jul 25, 18B8, with CASH CAPITAL OF $1,000,000, FILL PAID. Liberal termi offored to Agent and Solicitor, who r Invited to ftpphj at our offlo. Foil particulars to be had on application at oar office, located in the second atorjr of our Banking House, where Circular and Pamphlets, fully describing th advantag-a offered bj th Company, mar be had. 12. IV. CLAICIC fc CO., No. 35 South THIRD SU-eet. 8 flnf A RELIABLE HOME INVESTMENT. THE FIE ST MORTGAGE BONDS OF TBX Wilmington and Reading Railroad, Ill-AKIMJ INTEREST At SEVEN PER CENT, in Currency, Puyuble April nnd October, free of STATE aud t'MTtl) STATliS TAXES. This road rnns through a thickly populated and rich agricultural and niuuuiacturiug district. For the present, we are offering a limited amount of thai above Bond at g 85 Cents and Interest. ' "rheOTnneotjon of this road with the Pennsylvania and Reading Railroads insures it a large and remunerative trade. We recommend the bonds as the cheapest first class iuvestmunt in the market. vsm. PAirTsr. & co., j BANKERS AND DEALERS IN GOVERNMENTS, NO. 3G S. THIRD STREET, i' 6 4 PH1LADKLPHIA. UNION AND CENTRAL PACIFIC RAILROAD BOHD3 BOUGHT VNIO SOJL.D. WILLIAM PAINTER & CO., BANKERS, NO. 36 SOUTH THIRD STREET, C 11 lm PHILADELPHIA. CITY WARRANTS BOUGHT AND SOLD. C. T. YERKES, Jr., & CO., No. 20 South. THIRD Street, 41 FHILADKLPHIA. FOR SALE. 10 11 bALE, ON EAbr TEHM3, A NINE ROOM HOUSE. No. 1116 CARPENTER Streot, with bath and gas, hot and cold wator. Apply on the Premise. 6 4 20t OF DESIRABLE REAL. PUBLIC SALE Estate nt Heverly. New Jontev. on SATURDAY. iiuno ip, miu i-MK-K ivi. pruciMHy, on iuh premises. litl. An elegant new liothio Cottuge ilesidenoe, in Church street, convenient to railroad. Houhu is foot frcnt ; has front and rear verandahs; is hrick-lined and well built. Enclosure is 50 feet by 1&, with young fruit trees. If'JfiOO can rcmuin. Lot 2 consists of a similar delightful hnuso next west of lot I. Apply to JAMES K. MKf.L, 6 14 fit Real Estate Agent, Uevorly, N. J. fTrOU SALE THREE-STORY FRONT, t!:!vi Two-story back ; front and side (iardons; Lot 80 by 86; IloUHe 1H, and has all conveniences; was arranged fur convenience of small family, and many improvements added which appearance duos not indicate. Must lie emniined to be aiiiircci ited. Impure on pr.miiHoi, No. H1H N. THIKTY-NKYKNTH Ktrtmi.. first bum.' below Harinir, west side, Mantua; or of JOHN A. IlKLL, No. HJJ CIIE.SNLT btreet. J 6 U 8t "ff FOR SALE HANDSOME THREE- tiii'toty Krick Dwelling, three-story double back build, inns. No. ti:t4 hlX'i H hiroet. above Gnien; modern im provements, and in excellent ordor. Was o wned aud built by tne late Henry Iinrringnr, deceased, of the very heat materials and woi kmiiniliip. Immediate possession. Atent at house from l'J to 2 o'clock daily. ti 7 U T f , . .7 1 Ul. - - - - - - .v. vtn. viM 1H .' 1 II IK f Hs ( lit Y ( Ck I " ! house, with back bmlilings, In complete order. Will lm Hill. I ehHHIl for caMl : IfT uo cll rimmm 11 um iMirenitsor desires. Aimlv on tho premises, at ito. 1 no i;a K rf-.N l'K It Street, oral O'NEil L A LKhLIE'S, Ao. 713 S. EOUU I'll Street. '3 t FOR SALE AT MOUNT HOLLY, N. J., :;i a fl-l and commodious iiouae, wuu ornamental grounds. Address .1.(1. J. (1. TEN E Y( 'K, MOUNT HOI.T.Y, or 5 2!!stuthl2t K. C. U. Tiiuun-ivn, no. a .-n. w atkic St. TO RENT. TO LET UNTJL 1ST OF APRIL isro, s Country t ottiigo; eight rooms. live acres. ba sLibliug, spring-bout o, etc. ; lurgo garden, fully planted, K. H. EVItK. e is at" No. 117;OTHIO Street. r. 1 fPtf GERMANTOWN PROPERTY TO LET.-. J:ji A large, modern-built house, tenant -house, ooach. lyuise, and live scrim of land, handsomely laid out walk, and garden; withiu two minutes' walk of Duy'l Lane Sit tion. Apply to J. A K.VINTItONH, 68L.V f" TO RENT, FOR THE YEAR OR fS Xillt season, a tine Country Place in lloiiuantown. itji-rels a larae nuiiiHinn. itt moms, stiiltlo. hIh.. with kn acrts of land, well stocked with fruits and vegetable Apply to lr. KKYM Kit, No. 1111 AKCH Street. ti tf IX) RENT AN OFFICE SUITABLE FORI x 1 II it OIKARO Street, Jlj" 13 AN 1 1 EL M Fbx & S oSj Conveyancers and Real Tstate Agenti, OFFICE, NO. 540 NORTH FIFTH STREET. 641m PHILADELPHIA. UKNI1T X. FOX. DAN1LI, U. rOK DUVBlelan nr a lawvar. wilii or withnnfc hoiLrri. &t V.
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