THE DAILf EVENING TELEGRAPH, PHILADELPHIA , FRIDAY, JULY 1C, 18C9.
spirit or Tnn pnuss.
Edl.orlnl Opinio,- -f 'lKrV""1"
I'pon Current
J iir
Dar lor !'
"ARMED rEVCIS
Al'l'KOACHlNU
OF KUKOrK
ISSIJJW. THE
JVom th X r. era id.
r :. ...n.Vrn iRw, progress,
nn'l
iVrMtanHy, we have u, in tho 01,1
World the bwI Hiucfule ot ail "armea poaso,
kvhich for the interests of t-ivilwUion is
Jioarly, if not quite, a, .Imstron as pro
Iraetec. war. Euroim Acumen, who li ivo
cyer roRared oar republic as but, nn oxpori
ineut at best, must b.iva botm niipressa.l with
tho peculiar freedom find el iM icily of institu
tions which, ufter nudcrgoiug tho fierce or
deal of civil war, bo soon pjrinitled tho dis
Landincof martial hosts and the resumption
f those things which make for peace and tho
iiroper development of the material
interests of the nation. We are a young poo
lo but we have nothing to learn in tho art
of governing from the ellcte monarchies of
the Old World; wo envy not their political
Hiatus, when, to use tho language of one of
Iheir organs, "in the midd e of tho nineteenth,
century, when modern civilization is at its
highest point, the effective of tho 'ariuod
peace' of Europe consists of nearly three
millions of men, and the w.tr budgots pro
Bent a total of about four hundred millions of
dollars."
Austria maintains a permanent army of two
Lnndred and eighty thousand men, ut a cost
of forty-five millions of dollars; Spain sponds
over twenty millions for her army, number
ing some time ago about two hundred and
forty thousand men; Italy takes from her by
no moans ulethoric treasury twenty-six mil
lions for an army of two hundred and twenty
thousand men; tho peace footing in Germany
Is in the neighborhood of three hundred thou
sand troops, and costs well nigh forty mil
lions; France keeps over four hundred thou
sand men under amis, aud pays seventy mil
lions; the immense Russian urmy takes eighty
millions from the State's resources; and Great
Britain's regular troops, militia and volun
teers, cost the Government over seventy mil
lions of dollars. Thus seven States alone
expend about three hundred aud fifty million
of dollars annually in maintaining "peace
footings" and preserving doubtful safeguards
to rather shaky European equilibriums.
To those svi-dlnant philanthropists who
Lave been harping upon universal disarma
ment as alike practicable and the best and
purest means of doing away with wars and
inaugurating a millennium of durable pence an
ample field for operations is here offered.
Who would not wish them "God speed" in
their labors and assure them the "thanks of
millions yet to be," could they satisfy the
world that their efforts would eventually
effect tho disbanding of armies, put an end
to the terrible scenes of the battle-field, and
teach nations to settle their differences with
out resorting to the dread arbitrament of the
Bword? European potentates, however, en
tertain far different notions, aud seem to be
acting upon the principle that the best means
for preserving peace consist iu maintaining
large standing armies, ready at any time to
take the field at their master's bidding.
Napoleon, when ho declared some time ago
io the Legislative Chamber that "the influ
ence of a natisMuJegends upon the number of
me!j; li Jii put under arms," might have gone
""jurther and added that tho safety 'of his Gov
ernment required a standing army of four
lmndred thousand men to protect it when
threatened by enemies abroad or imperilled
Jby dissensions at homo. General disarma
ment, under existing governments in the Old
World, is farther, perhaps, than ever from
realization. The figures already given show
to what extent mutual apprehension of attack
and want of confidence in the people has led
European powers, and how impossible any
thing like disarmament must ue so long as
this feeling continues. It has existed for
centuries and will exist forever in
the tustorv 01 monarchical i eovern-
ments. Great wars and great slaughter are
the natural consequences of great and rival
armies. "When there are superfluous soldiers
occupation will be found for them; and it is
folly to talk of durable peace when nations
are armed to the teeth, and jealous of each
other's power and progress. Apart from the
burdens of taxation and oppression arising
from these extensive armaments, other and
prolifio sources of discontent are springing up
and rendering the situation more criticaL
The people, long patient, are beginning to
appreciate the condition, and talk of roform
and revolution. A crisis is approaching, and
the future is dark with doubt and uncer
tainty. Public confidence is paralyzed, and
commerce suffering in awaiting a solution
which shall dissipate the manifold sources of
evil.
Binoe the uprisings of 184ft popular discon
tent has not been so general iu Europe. The
people, becoming educated to the ideas of
modern progress and reform, are aspiring to
popular government; they are growing rest
less under oppression, and, emboldened by
partial triumps, are clamorous for disenthral
jnent, for enlarged liberties, for the cessation
of that disastrous "armed peace," and, above
all, for liberal, generous legislation. While
nothing like a general outbreak in resistance
to existing government seems imminent or
probable, there is an undercurrent of revolu
tion, a decided opposition to continued tyran
ny, which is not to be trifled with, and will in
due time redound to the greater liberties of
the people. The time has passed when popu
lar Bentiment or the aspirations of a people
lean be stifled at w ill by monarchs and their
jninions. Even tho aruiy the solo reliance
of continental despots cannot always bo de
fended on. The French soldiery have before
fraternized with the people in Opposition to
tyranny, and there sprung from this union,
rphenieral though it proved, "The French
republic, liberty, equality, fraternity."
The revolution now anticipated it is hoped
jrill be accomplished without war or blood
shed. The gradual march of modern ideas,
lending to liberal and constitutional govern
ment, is being felt on the European Conti
nent in a way which promises "a new era loss
in the interest of absolutism and more in
favor of popular rights." Great Britain,
Under the pressure of popular demand, is con
ceding reforms. France is following, and we
find Napoleon nos only parleying with tho
champions of extreme republican ideas, but
according tho ministerial decapitation of Borne
of the sUuuchest friends of imperialism. An
.v.w inniy inaugurated in mo
narchical Europe. The people are having a
Ioretaste of liberty, an.l u-11, ti
aevZCm,8- estt,llPla of free government, as
ssrzs; ss ?tat ftnd the con-
1:1 . .'Urt,ac'y Obtained ft . omnnrnm
Victories in t& ttna onward to new
8 forward and
pian progress. 81 01 "loiu and hu-
u. mute, l'urllCulRriw a i
f? the sa
In 2 ranee, particuivi .
an earnest desire to 4'erowS"th!iW',io? ?
lidding to the wishes of the Fftl, "
ir i
who nre now determined to have something I
to Hny in the management of governmental I
affidiS. This is the first vigorous move of a
party now powerful in France, and becoming ,
to 111 oilier poruoim 01 Europe, wnich, it lol
loped up vith prudence and patience, an 1 at
tho Fpme time with determination, will ere
long work chnnges which will startle more
thiiu one of "those who govern in the m jod
1 otintia','' and make them tremble for dy
nnstic Hiiecess'ons when confronted by tho
champions of equal rights and the apoatloi of
that fnith which teaches that all men are free
and equal.
It n mains to bo seen whether tho current
of revolution now prevalent in Europe will be
directed with moderation in tho smooth chan
nel of pence, or, by ill-advised zeal, bo com
pelled to find vent in tho ruggnd one of war.
France is the main field of action just now,
and much depends upon the result of tho in
itiatory contest now in progress. A popular
uprising in defiance of imperialism could
accompiiKii noining so long as iNnpoleon is
sustained by his army; and this fact is doubt
less too well appreciated by tho leaders of tho
opposition for them to act with unduo haste
in precipitating the crisis or provoking a con
flict. Tho future, at all events, whether for
peace or war, is fraught with momentous
issues for the peoples of Europe, and we can
only hope when the fight does come, if come
it must, that those immense standing armies,
now a curse to modern civilization, will be
used for monarchs against monarchs, instead
of by monarchs against their people.
THE NEW CABLE LAID.
From the A'. T. World.
Another mighty marvel is accomplished,
and that, too, almost "without observation."
J. he Great Eastern, esteemed for a time the
most useless, has once moro vindicated her
claim to be regarded as the most useful of
nhips. As easily and quietly as the ordinary
steam-packets of commerce transfer thoir
freight of human lives and human works from
wharf to wharf, this gigantic vessel has onco
moro linked the thoughts, feelings, wishes,
fears, interests of the East with those of the
West. Another Atlantic cable has boon laid;
another mystic submarine nerve stretching
from tho heart of the Old World to the heart
of the New, abolishing tho stormy interdict
of the unquiet sea, making Paris and London
and Now York but wards, as it were, of one
grand cosmopolite capital.
At it was but natural to expect would bo
tho case, the French cablo has been laid even
more rapidly and with less risk and difficulty
than its predecessors. Science doids now
with the bed of tho Atlantic, unseen and for
ever to bo unseen of human eyes, as calmly,
with as much assurance and as precise a fore
cast, as if it were tho well-trodden highway of
countless tronerations. We accept the
achievement as the merest matter of course
and few of us will pause from our daily en
crossinents, perplexities, and hopes long
enough to bestow even a second thought upon
a talo which is vet striking and wondorful
enough, were it but fully appreciated and pon
dered on, to hold children from thoir sport
and old men from the chimney-corner.
But this is not all.
It is a melancholy truth that tho chief dif
Acuities with which tho bold projectors who
are now the successful performers of this new
wonder have been called to contend, have
been not the abysses of the deep to be
sounded and spanned, nor its wild waves to
be traversed, nor its tempests to bo foiled,
but the selfishness, the blind greed, the
smallness of men. From the incoption of
this enterprise to tho present moment which
sees its greatest natural problems happily
solved, it has been watched, assailed, under
mined by the jealousy tho short-sighted, but
therefore only tho niore implacable, jealousy
of the proprietors and managers of tha
cable previously laid from Europe to America.
With this enemy it has heretofore been forced
to contend in season and out of season. Had
the success of the second cablo involved the
destruction of tho first, it could hardly have
been more vehemently, more persistently
fought against. And the great public, which
can hear ot such squabbles over sucn a sub
ject only with indignation and contempt, must
not be surprised to learn tnat tne actual con.
nection of this new cable with tho telegraphic
lines of our own continent is still threatened
by the same influences which have so fruit
lessly been brought to bear against its pro-
cress up to tho present nour. ine nrst
American terminus ol tne A rencn caoio is tno
French island of St. Pierre, off the coast of
Newfoundland. There it was landed. Another
reach of easily submerged wires is now to be
made to bring it to our shores at Duxbury, in
Massachusetts, it is as piain as mo sun in
heaven that this comsummaiionK the under
taking must inure directly and largely to the
advantage ol tne whole American people;
and we are quite sure that, only ten snort
years ago, the idea of holding this consum
mation in doubt even for a moment we will
not say upon any probable, but upon possi
ble hostile action of the American Govern
ment would have seemed to every sane per
son in the Union the merest midsummer
madness. But within these ten short years
both the theory and the practice of govern
ment in America have undergone many sen.
ous, and, for the most part, decidedly lament.
ablo modifications. Not the least striking
proof of the extent of those perversions is the
fact that persons interested in the monopoly
heretofore enjoyed by the British cable com
pany have not hesitated, of late, to put about
all manner of stories to the effect that "the
Government" would interfere, at the last
moment, to prevent the people of the
United States from enjoying the benefits
of a new and .enlarged telegraphic intercourse
with the rest of mankind. Such an interfer
ence, it is true, is as improbable as it is
obviously unjustifiable No law of the United
States exists, laying an embargo on tele
grnphio or any other intercourse between the
American people and Europe. Doubtloss
Congress, in the plonitudo of its unwisdom,
might pass such a law; but doubtless, also,
Congress has not passed such alaw; and in
the absence of such a law, it is hard to see in .
what way, otherwise than by a shameless use
of sheor physical force, unwarranted aud un
sustained by law, tho GoTernineut either of
the United States or of any other State could
possibly interfere to prevent people who have
brought us the good gift of a now telographio
cable all tho way from Europe from conferring
that good gift upon us. It is hardly to bo be
lieved that the administration even of Presi
dent Grant will care to saddle itself with the
odium, at home and abroad, of pandering in
this way, by violence, to the schemes and in
terests of a private corporation in order to
paralyze a rival or at least concurrent, enter
prise of infinite pobli moment.
The real scandal is that any considerable
number of people should have been brought
to entertain the possibility of such a thing.
It is another heavy count in the nations
growing indict uient against its Radical mis
rulers that their habitual lawlessness and
their open corruptibility should , have given
color of plausibility, even for a timo, to a
scandal so damaging to our good nauio AS a
free, enlightened, and civilized people
"RECONSTRUCTION" IN MISSI3SIITI.
Prim the A Y. Worhl
Tho proclamation of General Grant fix
ing the timo for tho ljjtioa in MU
hissippi, and designating th ) parts of the
new constitution to bo submitted t a sepi
rate vote, does not chailerigi spj.ii d rem.irk,
except in relation to the time. ThiM is n
necessity, and no good reason, for deferring
the election until tbo JIDt.h of November. The
im.tive for selecting so distant a diy is eisily
understood, and is discreditable to General
Grant and his advisers.
There is no such difference in the circum
stances of the throe States of Virginia, Mis
sissippi, slid Texas, that their several elec
tions should be separated by wide intervals
of time. The people of Mississippi, and tho
pMiple. of Texas, wero just as well quali
fied, and as fully prepared, to pronounce their
judgments on their respective constitutions
in the early part of July, as wore the people
of Virginia. But the object of tho adminis
tration is not to get a fair and honest expres
sion of the will of tho pooplo, but to carry
each election, if possible, in favor of the Ro-
publicon party. 1 wo United States Senators
are to be elected by each of the now Legisla
tures, and six conservative Senators will not
be tolerated if, by any kind of political trick,
their election can be prevented. If tho Wells
party had triumphed in Virginia, the elections
in Mississippi and Texas would have been
ordered almost immediately; but tho Repub
lican disappointment in Virginia makes tho
party afraid, aud so General Grant postpones
action m Mississippi as long as ho can, and
leaves Texas to await the result of tho Mis
sissippi election.
I ho pretense that tho elect ion is put off
until the end of autumn to suit tho conve
nience of the cotton-planters is an impudent
absurdity. Their wishes have not been con
sulted or considered. It is notorious that
they desire earlier action. What is the loss
of a single day in attending to the cotton crop
in comparison with tho releaso of tho State
from military rule ? Out-door industry will
be suspended dozens of times by rain-storms;
and an election, even in the busiest season,
would have no more effect than one addi
tional rainy day. It is put off until the last
day of November for no other reason than to
enable the Republicans to organro a cam
paign to defeat the will of tha people. Radi
cal wire-pullers and stump-orators dare not
venture into Mississippi during the hot
months; and General Grant has appointed the
election with a view to givo them the advan
tage of a busy caAvass during the cool au
tumn months. The Republicans hope to bring
such lnllucnces to bear upon tho Mississippi
negroes as will enable them to control tho
w hole negro vote; and President Grant is their
subservient tool.
The result iu Virginia was such a disap
pointment to the radicals that it "gives them
pause." They hoped to carry tho State by an
ali'ectation of liberality in consenting to
throw out disfranchisement and the test oath.
Having committed themselves to this policy,
they cannot very well back out of it; but
finding that their mock magnanimity does not
profit them, they are at a stand as to tho
course they will pursue in the other States.
They wish to solve the Virginia problem, aud
see what can be done to circumvent the de
clared will of the people there, before run-
ningthe risk of getting other cases of the
kind upon their hands. It would he
awkward and embarrassing for Con
gress to reject the ntv.v Virginia
Government; and, on the other hand, it
would go against the grain to admit two
conservative Senators from that State. The
only way out of the dilemma which has yet
occurred to the radical leaders, is the applica
tion of the "iron-clad test -oath to the mem
bers of the new Government. So long as the
radicals were confident of carrying the State
that test-oath was kept quite out of sight.
But when, as the election approached, they
lost heart at tho premonitions of defeat, they
incited General Canity to declare his intention
to enforce the oath. General Grant's recorded
opinion, and General Canby's own recorded
opinion, should have bound them to a diffe
rent course; but what Republican cares for
consistency when tho success of his party is
at stake ? General Canby's present argument
is, that the now Virginia Government will be
merely provisional until Congress shall have
sanctioned it; and that the original recon
struction acts require all the members of pro
visional State governments to take the iron
clad oath. This requirement had reference
only to the Slate governments organized
under the auspices of President Johnson, aud
was not meant to apply to the reconstructed
governments. At least, so General Grant de
cided, and so General Canby himself decided,
in previous cbrcs. But the radicals do not
nieun to stand by this view if they can help
it: and General Grant, in spite of his strongly
expressed decision last year, has referred the
question to Attorney-General Hoar for an
official decision. If General Canby's present
view is upheld, it will practically nullify
the result of the recent Virginia
election, inasmuch as Canby permitted it to
he supposed, until long after the conservative
candidates were nominated, that, the oath
would not bo required, and a great many have
been elected who cannot take it. The radi
cals calculate that the oath will fling out a
sumcient number oi tne conservative nieiA
bers of the Legislature to leave tho radicals a
majority, when they can proceed to elect two
radicals to the Senate of the United States
and, this result secured, Congress will make
a sure thing of it by admitting the State. If
this dishonest and detestable manoeuvre suc
ceeds in Virginia, the radicals will have more
confidence in the resources of their duplicity
and fraud for circumventing the people of
Mississippi and Texas.
HOW THE VIRGINIA ELECTION IS IN
TERPRETED.
Prom the Ar. Y. THmen.
By the Republican press generally the ro
sult of the Virginia contest is interpreted
fairly and practically. There is no disposi
tion to claim it as a mere partisan triumph,
tfnd none to concede the pretensions with
which in the first instance Northern Demo
crats attempted to invest it. Mr. Forney's
two papers continue their carping criticism,
and the sheet which echo:s the mortification
of Mr. Wells at Richmond labors hard to mis
represent both the causes and consequences
of his defeat. These exceptional grumblers
only render more emphatic the congratula
tions of Republican iournals eisownere, and
more significant the meaning they attach to
the ratification of tho Constitution and the
election of Mr. Walker.
The fill-iiervadincr feelincr 18 one of satisfac
tinn and honn. Without pausing toanalyzothe
motives of all who supported the Walker
ticket, our Republican contemporaries see in
its success the gain of the administration and
nf b reconstruction policy with which it is
identified. They recognize in the union of
influences by which success was achieved "the
annihilation of the prejudices and passions
which have separated white and hlaok, aud
the strongest assurance of political equality in
the future. They are satisfied with the
constitution as adopted, and with the
rejection of provisions which would have pjr-
etuated peril and strife. They are cm
vineed tl at the eloctioa was fairly conducted,
nnd tl at tho result expresses the settled
desires end purposes of a groat majority of
the people. Thus applauding both the result
slid the means by which it was attainel, it is
not surprising that tho mischievous sugges
tions of llioi-o who do not like to confess
ll.emKehcs defoatol m jot with little favor.
It is felt that they who would foster divisions
i niong the supporters of reconstruction in
Virginia are as culpable and foolish as tho
liemocrats who pretondod to diseorn a party
advuiitago iu an event involving tho repudia
tion of every distinctive principle by which
1 lint party is known in the North or West.
This confident estimate of the situitionin
Virginia bus been greitly strengthened by tha
course of the Governor elect, and the tem-
eride and jr.st tone of the local press. At
ichmond, at Washington, and in New York
before his constituents amid the excite
ment of victory, in his interviews with the
President and with friends of tho adminis
tration Mr. Walker has held the same lan
guage, lie regards his own election, on tho
platform he occupied, as in effect a triumph
tor the tirant administration. He assorts
his determination to stand aloof from every
influence, personal and political, which may
tend adversely to tho development of tho
policy incident to reconstruction. He is re
solved to uphold the black man in the exer
cise of his rights, and to promote harmony
and good feeling between the races. The
Virginia journals that wero most effective iu
the canvass assume substantially tho same
position. They insist that old partisan issues
shall bo discarded, and that tho promises im
plied in tho election of Mr. Walker and the
ratification of tho Constitution shall be ful
filled by the people. Nowhere do we trace a
sign of bad faith, or of any feeling or purpose
which the friends of reconstruction should
not hail as satisfactory. Everywhere, on tho
contrary, may be discerned evidence of the
complete revolution that has been wrought in
the sentiments and temper of Virginians, and
of their title to the confidence of tho Presi
dent and Congress.
THE INDIAN COMMISSIONS.
From the X Y. Times.
Mr. Vincent Colyer views our Indian pros
pects, we fear, somewhat over-happily, since
to him everything looks rouleur tie rone.
There is certainly a wide difference between
his cheery assurance that "by patient efforts
nil the tribes can be civilized, and that "in
let-s than two years we shall have heard the
kht of 'Indian outrages,' " and tho dirlum of
tho London Time that annihilation is proba
bly the only sort ol civilization the Indians cau
hope for. However, there is this to be said
for the former opinion, that Mr. Colyer has
just come from visiting thirty-one tribes,
more or less hostile, while the Times has only
observed the sham Indians and sham wigwams
they have in London.
The present year in Indian affairs may be
called a tentative or experimental one tho
testing of the peace policy which the Quaker
Commission is especially aiming to enforce,
and which is supported so cheerfully by the
administration. Congress, next winter, will
have such an amount and variety of informa
tion regarding the actual condition of Indian
trdies laid before it, as it has never yet
enjoyed. Tho appointment of the Quakers as
Superintendents und Agents m so many ln-
sfances was the cause of rousing a general
interest in the Indians among that denomina
tion of Christians. Again, the Indian coun
try has been divided into three grand regions,
and each of them will be visited very soon by
those members of the Indian Commission,
who will examine very closely the actual con
dition of the red men. Mr. Colyer found
everything toojdelightful school-teachers and
enness, no violence, no blasphemous word.
fsut what we shall be likely to know from the
very great attention given to the Indian pro
blem this summer, is the exact status of the
Indian and exactly what can be done with
him.
Prom w hat has been discovered thus far we.
should say that it is likely that the reserva
tion policy will be recommended more
strongly than ever, as the basis of all Indian
legislation and action; that the whole treaty
system will be abolished, root and branch;
that we shall never hencelorth make diplo
matic negotiations with Indians, as if they
were toreign nations; - and that certain at
tempts may be made, whether in connection
with territorial organization or otherwise, to
connect them more directly with our republi
can system ot government.
NEW ENGLAND GETTING ALARMED.
CVom the A'. Y. Herald.
The immense emigration to the West and
the rnpidly augmenting populations of the
States of the Pacific from the importation of
Chinese, together with the significant move
ments in the South looking to the introduc
tion of Chinese or coolie labor in that section,
in large numbers, have awakened considera
ble alarm among New England politicians in
regard to the tenure of thoir hold upon the
supremacy of the National Government. The
papers are beginning to publish statistics
showing how the New England States are
losing ground in tho matter of the apportion
ment for members of Congress, and how their
strength is gradually receding while that of
tho West is rapidly increasing. It is even
proposed to cut Massachusetts in twain and
erect a new State out of the western counties.
It is also proposed to make two new States
out; of Maine. This-will give New Eng
land six additional members in the United
States Senate, and a number of members of
the lower house. It is probable other Eastern
States that can be gerrymandered to advan
tage will also be carved up into convenient
State communities handy to handle and small
enough to clup into the breeches pocket of
tiny pigmy politician New England may desira
tu iDject into the councils of the nation. We
do not learn that the mighty domain of the
great State of Rhode Island which, it has
been said, is not broad enough in some parts
A - 1 , . 1 I ' A . . 1 ,
io unorti uie requisite spuce ox iweive paces on
which to fight a duel according to the code
will tome under tho carving-knire of the radical
politicians of her larger cities. But while Littlo
lihody may be suffered to remain intact, there
is no mistaking the fact that the New England
politicians are becoming seriously alarmed
ut tho prospect of losing their preponderating
influence in the Government. Some of the
Western papers have taken up the idea aud
are pointing to it with exultation, as showing
that, indeed, westward "the star of empire''
is taking its way, with the view in prospect of
me miiiomu capital oeing established 111 St.
Lous a point recommended even by her
.rival Bister city, iiucago, nenco the present
perturbation among the dry bones of the New
Uigland political stagers is but natural. In a
few i years these JNew Lnglaud philosophers.
with their narrow and bigoted notions, thoir
holy exclusiveness, their arched eyebrows and
elevated noses, will be politically submerged
as ii i.y u punuctu ueiugo, ana "alter the
deluge what i
CLOSING UP THE WORK.
From the A, r, TriOunt.
The President, as wo stated recently, lm
decided that Mississippi shall vote on her new
Constitution and elect new State officers on
Hie fourth Tuesday in November; and tho
f-ame day has been designated for the
kindred election in Texas. It is well not
to be too precipitate in so grave a mat
ter, whereof the result is "not for a day,
but for all time; yet we could have wislio t it
expedient that each of these States should be
fully reconstructed before tho 1st of I)o3om-
bei: so that the President might announce
the gratifying fact in his annual message, and
urue Congress to do promptly its part to-
v aids roilectincr once more the circle oi an
ui.bioken Union. Let us have no haste nseiy
to mar the perfection of the work; but, that
secured, the earjiest day on which military
rule can be replaced by republican self-govern
ment in tho States still under the dominion of
the sword, is tho best day for tho States and
for the Union.
The delay that has thus far been found no-
ccssary has proved a source oi neaiing. iuo
unprecedented maiority by which V lrginia
votes to resume her place iu tho Union under
a Constitution which Guarantees all rights to
all, bids fair to be paralleled in Mississippi
and in Texas. The latter has framed a Con
stitution so generous and comprehensive that
the ex-liobeis win nearly an vote to rainy u;
and everything we hear thence loads us to an
ticipate the election of tienoral A. J. Hamilton
(whom they warmly support) as Governor by
a large majority. Mississippi will doubtless lie
allowed like opportunities witn lrginia, ana
will vote to strike from her proposed Consti
tution all prescriptive and disfranchising pro
visions by a largo majoriiy. Tho pooplo of
both States are more than satisfied with the
action of General Grant in the promises; and
are quite ready to settle all outstanding dif
ferences on the broad basis of universal am
nesty with impartial suffrage. We shall be
disappointed if we are doomed to wait till
Washington s next birthday to congratulate
our country on her porieet restoration io
peace and loyalty on the comprehensive basis
ol all rights lor aii
FINANCIAL.
A RELIABLE HOME INVESTMENT.
THE FIEST MORTGAGE BONDS
of nu
Wilmington and Reading Railroad,
DEAIUNU INTEREST
At SEVEN PER CENT, in Currency
Payable April rind October, free of HTATK and
UNITED STATES TAXES.
ThU road rnni through a thickly populatsd and rich
agricultural and manufacturing district.
For the present, we are offering a limited amount ot the
abore Bonds at
85 Cents and Interest.
The connection of this road with the Pennsylvania and
Reading Railroads insures it a large and remunerative
trade. We reoommend the bonda as the cheapest first
olass investment in the market.
wzn. rAirjTsu & co.
BANKERS AND DEALERS IN GOVERNMENTS,
NO. 36 S. THIRD STREET,
84
PHILADELPHIA.
QLENDINNINC, DAVIS & CO
NO. 48 SOUTH THIRD STREET,
PHILADELPHIA.
GLEND1NNING, DAVIS & AMORT,
NO. 2 NASSAU STREET, NEW YORK
BANKERS AND BROKERS.
Direct telegraphic communication with tne New
York Stock Boards from tne Philadelphia
Office. 132
LEDYARD & BARLOW
HAVE REMOVED THEIR
UW AND COLLECTION OFFICE
TO
No. 10 South THIRD Street.
PHILADELPHIA,
And will continue to giro careful attention to collect-
Ingand securing CLAIMS throughout the United
States, British Provinces, and Europe.
Sight Drafts and Maturing Paper collected at
Bankers' Rates. l 2S 6m
R
E
M
O
ELLIOTT & DUNN
HAVING REMOVED TO Til KIR NEW BUILD tN
No. 109 8. THIRD Street.
Arsaow prepuad to tranuott GENERAL BANKING
BUSINESS, and deal in GOVERNMENT and oth.r B
Onrititm. GOLD, B1IJ, Eta
RettiiT. MONEY ON DEPOSIT, allowing InterMt.
NEGOTIATE LOANS, g-irtni special attention to M KB
0ANT1LE PAPER.
Will eiecate orders for Btooks, Bonds, .to., ON OOM
MISSION, at th. Stock Exchanges of PhiUd.lphiavNeir
ork, Boston, and U<inioro.
CITY W A BEANTS
BOUGHT AND SOLD.
C. T. YERKES, Jr., & CO.,
1 Bo. 20 South THIRD Street,
PHILADELPHIA.
BAMUKL WORK. UttAauio r. uiuxa.
BANKERS,
STOCK AND EXCHANGE BROKERS,
tie. W & TRIOO O.. PEUUDMLfBU
FINANCIAL.
UNITED STATES COUPONS
DUE JULY I. WANTED.
coxrroxs of
UNION PACIFIC R A1LR0AE
DUE JULY I
Taken Same as Government Coupon!
BE HAVEN & BRO.f
BANKEJtS AND DEALERS IN GOVERNMENT?
KO. 40 SOUTH THIRD STREET,
611
PHILADELPHIA.'
B. II. JAXV1XS02& & CO.,
SUCCESSORS TO
T. F. KELLY .& CO.,
Hankers and lcnlers tn f
Gi, Silver, ai Goveirasnt BonSl
AT CLOSEST MARKET RATES,
!
N.W. Corner THIRD and CHESNUT Sts
Special attention given to COMMISSION ORDER
n New York and Philadelphia Stock Boards, et
etc 6 s tia 81
B
A N K I N O
II O U S
or
JAY COOKE & CO.,
Nos. 112 and 114 South THIRD Stres
PHILADELPHIA,
Dealers in all Government Securities.
Old B-20S Wanted in Exchange for New.
A Liberal DllTererce allowed.
Compound Interest Notes Wanted.
Interest Allowed on Deposits.
COLLECTIONS MADE. STOCKS bought and sol
on commission.
Special business accommodations reserved fi
ladies.
e will receive applications for Policies of LI!
Insurance in the National Life Insurance Compas
of the United States. Pull Information given at oi
omce. 7 1 sail
SMITH, RANDOLPH & COJ
CANKERS,
Philadelphia and New York,
DEALERS IN UNITED STATES BONDS, and
BULKS OF STOCK AND GOLD EXCHANGE,
neceivg Accounts oi uunKS ana Bankers on Libel!
Terms.
ISSUE BILLS OF EXCHANGE ON
C. J. HAMBRO A SON, London,
B. METZLER, S. SOHN & CO., Frankfort
JAMES W. TUCKER & CO., Paris.
Ana other rrmcipai cities, and Letters of Cn
1 2tf Available Throughout Europe. J
P, 8. PETERSON & CO
Stock and Exchange Brokers t
No. 39 South THIRD Street
Members of the New York and PhUadelpnla Sto
ana uoia uouras.
STOCKS, BONDS, Eta, bought and sold on coi
mission only at either city. ' l 26'
WINES. i
MB? r Pi a i rr o T- v
CHAMPAGNE.
DuriTon & Lussorj,
215 SOUTH FllONT STREET.
THE ATTENTION OF THE TRADE 3!
solicited to the following Terjr Choice Wines, etc.,
lbf i
BIS SOUTH FRONT STREET. ?
CHAMPAGNES. Airentu for hr Mnionf.. Th.
Montehello, Uarte Untie, Oarte Itlnnrlie, nnd OhsrJ
Jarre's Grand Vin Kuxonie, and Vin Imperial, M. Kl
n in n A Co., tit Ma) uuue. Sparkling Moselle and Klil
W INKS. A
MADKIKAH. Old Islnnrt, Bonth Side Rosorve.
SHERRIES. V. Huiiiiluho. Amontillado. Tnnaz. V
lotto, Pjjleand Golden linr, Grown, oto. 1
rOK'i S Vinlio Vellio Real, Valletta, and Grown. t
Cl.ARETS Promin Aiue A (lie.. Montierrand and Rd
deai:, CWetsaod Suuterne Winos. i
GIN. Meaer hwiiu."
1,R ANDlKh. Heuuesaoj, Otard, Dupnr A Cc'srano-
rintiKes. 4 1
QARSTAIIIS & McOALl
Nos. 126 WALNUT and 21 GRANITE StreoU. f
Importers of T
BRANDIES, WINES, GIN. OLIVE OIL, ETO.. s
Am f
COMMISSION MK.RUHANT3
1'or tbe sale of 1
PURE OLD RYE, WUKAT, AND BOURBON WHI
KlES. . 61i
nAHSTAIRS' OLIVE OIL AN INVOIO
KJ of
CARSTAIR8 A Mr-OA LL, 1
28 2p?
Nos. WALNUT and 21 GRANITE but
TRUMvS! TRUNKS! TRUNKS l
Val
Il.-vs, Shawl Straps, and a general a
aortuieat of goods Jr travellers. I-arrfe stock, low prio
K. P. MOYKR A BRS.,
g;61ni No.7iSilMARKKTNtre-7i
D1
lEAFNESa l-.VRRT-INSTRUXENTTII.V
eienoe and vk 1 hT invcnt'd to an 1st tha he&rh
ia eTeiy degree of fpnneea; alro, KrMpimh'ra; atao, Cm
dull'it Puttmt Urutc.iH, upm i:r to any others in uho, at '
NOTICE IS 11MIKBY IVK THAT Til
uudhrsiined Iihj- made aThvatiun fort'in FAnnw
of corlUK'ute no. 40 . . ltr one HiJuti ol ttluck or tha i tn
pylvjinm It hi I road C mii.-iiiy, irtMind to me, ind dated M
i, tbe name hav.ux teen lot or dfMtroy.i. ,
7Hf4w W. M.'i liACKARA.
OW IS TV K TIME TO
CLEAHa
YOUR HOUSE. (
WlXCIIElt, IIAKTMATV fc CO.,
WAM1IINU AMI CIJKAN.ING I'OWDEH
Is unequalled for sorulitiln. Paints. Floors, and all hoo
hold use. Aak lor it an.l take no other. ,
W.U. BOWMAN. 8oleAtent.
saSflm ' No, 11M ERANKEOHO ltoad
TMt. KINKEL1N CAN BE CONSULTED O:
. A-V all diseases of a certain spool
ha.ab.mJtVAiIUbtrNi4.