The evening telegraph. (Philadelphia [Pa.]) 1864-1918, October 29, 1869, FOURTH EDITION, Page 2, Image 2
THE DAILY EVENING TELEQliAPII PHILADELPHIA, FRIDAY, OCTOBER 29, 1869. srxxiiT or txxh rnusa. Editorial Opinion. . wf tndln Jwnrnnls I'lion Current TopicsComplied Every . Dbt for the Erenlnn Telegraph. THE EFFECT OF ONE DEMOCRATIC riUNCU'LE. from the X. Y. Times. Amid tho goiiornl wreck of whnt wore once 'Dmnocrftlio prinei'iloy' the maiu plank re maining to which mirvivor cling, rocuis to le Me ropndiatiou of tho puhlio debt. This platfoi'm of the parly is usually labeled some what speciouKly. It is called "payment of the bonds in money of tho Unitod States;" the "compelling tho plough-holder and bond holder to take the buiuo currency;" "green backs for the rich ns well as the poor," nnd otherwise this project of dishonesty is dis guised by specious phrases and respectable names. All tho old wnr cries of tho "unterriflod rnuocracy" have passed away. "Slate IJights," "J lard Money," Free Trade, nud Anti-Federalism, sympathy with struggling nationalities, and the like, are all forgotten. The Republican party are now the Hard ' Money party, and quito as much in favor of a low tariff as their opponents, and mote in favor of liberty, both at home and abroad. The only Democratic principles seem to bo, now, cheating the bondholders and expanding the currency. In the recent elections in Ohio and Penn sylvania, the great appeals of the . Democrats to the people were on tho single issue of pay ment of tho bonds in greenbacks. We hare no fear thut the working people of this State will ever be deluded by these specious ap peals to their ignorance and prejudices. Still, as this is now their great weapon, it becomes every workingman who thinks for himself to examine the argument. There can Le no greater delusion to tho laboring class than the supposition that they get any advantage from an inconvertible cur rency. It is an old war cry of tho Democratic party, and a still older axiom of political economy, that "au irredeemable paper cur rency is tho robbery of labor." One of the devices of kings and princes in the middle nges for filling their treasuries and plunder ing the working class was to adulterate Jor clip their coin. A piece of money then, which was nominally n louis d'or or a florin, contained really a half or a third less of tho precious metals, and tho potentate was sup posed to gain tho difference, whilo tho people paid the loss. The irredeemable paper dollar is a precisely similar robbery of tho consumers. If tho United States bonds, by an act of in credible national baseness, should ever bo paid in paper, it need not be said that tho value of the greenback dollur would sink to an immense degree. A dollar, instead of being worth, as it is now, say seventy-three cents, would be worth, perhaps, thirty-three cents. The capitalists who saw tho storm impending, and who are better able to per ceive beforehand than the laboring classes, would, of course, sell out their bonds as early as possible, and put their money in objects of permanent value, such as houses and lands. The poor would attempt to redeem last, nnd would find their hard earned savings reduced to half their former value. All savings banks; trust companies, fire (insurance and life in surance associations would discover that their investments in Government securities were suddenly stripped of more than half their worth, and the luborers add mechanics who have their savings in these companies would be proportionately impoverished. But this would not be the greatest disaster to the poor, from the payrneat of the bonds in paper. The present reduced value of the dollar tells more severely on the laborers and consumers than it does on the dealers and the comfort able classes. Commissioner Wells has proved, . from careful statistics, that the family expenses of laborers, mechanics and all people of small means, have risen in the last few years 87 J per cent. Wages and salaries have not in creased at all equally in proportion. The ex planation is simple: where tho standard of value is uncertain, or, in other words, where gold has ceased to be the basis of the cur rency, every, petty dealer, shopkeeper, mer chant, and importer must charge to his cus tomers a double or treble profit to compen sate him for his extra risks. After each dealer in any commodity purchases his article, the currency may change its value, and he may lose all his usual profit. To meet the chance of this, he must add somewhat to the price in doaling with the one next to him in tho line of sale. When the article finally reaches the mechanic or the laborer, it is charged with all these extra prices. The uncertainty, too, of the currency gives the dealer a pretext which he is only too ready to avail himself of to overcharge. If the value of onr dollar is steadily falling, as would inevitably be the case under an ex ' pected payment of the bonds in paper, this uncertainty would be immediately increased, aud the laboring-class suffer proportionably. Moreover, the wages of a working class never can rise as fast as prices rise. There is too close competition between laborers for that. In the first "rifio of gold" during the wnr, it will be remembered, it was a lone time before wages rose any way proportionably with the increase of prices, and salaries never reached a fair equality. Capital, too, under a grand effort at national repudiation, would become exceedingly timid, and would not employ labor to the same extent, so that from every source vast disasters would come upon the laboring classes, as the currency increased and gold rose, willi tho payment of the bonds in paper. Prices would be at starvution point, wages Btill low, capital sluggish and employment dull. The savings on which the laborers had expected to live would possess but a fraction of their value. Panic would increase and gold rise, until the paper dollar . had become like tho Confederate, and a crash ensue which would overwhelm luboror and employer together, but where "the weakebt would go to tho wall." These are the probable and reasonable re sults of the greut Democratic programme tho payment of the national notes iu other ''promises to pay." PARAGUAY VIEWS OF GENERALS McMAlION AND WORTH INGTON. From th4 X. Y. UrraUL The conflicting news which hns been coming to this country all along relutive to the war in Paraguay aud the position aud "character of tho belligerents has been most bewildering. The news by tho way of Rrazil, or through the other allied States makint? war on Paraguay, has represented Lone, as having been utterly annihilated; then, again, when ever we could ret information diroct from Paraguay, Lopez has been fouud alive, deter mined as ever to defend tho independence of his country, nml the peoplo of that littlo re pnblio ardently devoted to hiui aud his cause. Even tho statements of our own diplomatic ngonts ' and American citiuns who have beeu in that part of the worl 1 h;ivo been' contradictory. Now, however, wo ai'O getting nt something that cau bo relied upon. It Appears from onr Washington J despatch published on Wednesday that Gen. McMuhon, the United States Ministor to Paraguay, and II. C. Worthington, late United States Minister to the Argentine Ro publio, have had an interview with Socretary Fish, nnd ham explained the situation of Lopez nnd tho rffiite of affairs at the Boat of war. They disagree entirely with Mr. Wash burn in the views he has put forth, and they are fresh from tho scene of tho war. General McMahon ngrees with tho opinion we have expressod ovor and over again, that Brazil is wrong in the war, nnd that her object is to absorb the South American rcpuMios on her border. Ho asserts that Lopez has been greatly slandered by his enemies, or by those who do not know him, nnd that tho Para guayan chief even now holds n strong posi tion. Indeed, General McMahon asserts that the position of Lopez is impreguablo, nnd thnt if the Brazilians attempt to follow him up they will bo completely destroyed. Tho announcement by tho allies that tho war was ended was simply n protoxt for withdraw ing the invading troops. It appears nlso from Mr. Worthington's statement that Brazil and her allies have acted in n very unfriendly aud high-handed manner towards tho United States in tho matter of obstructing onr war vessels, our ministers, nud the otlieial des patches to nnd from our Government, nnd its ngents. It is evident thut tho conduct nnd policy of the United States Government rela tive to the Paraguayan war nnd our national interests have been too weak and vacillating. Let us hope tho administration, with tho facts now before it, will take decisive measures to make our flag respected nnd to sustain re publican institutions in America against tho ambition of that exotic monarchy, the Brazi lian empire. FISH AND HOAR. from the X. Y. World. Aenreful canvass of the opinions of thi Cabinet rcpariiliiR the Cuban question develops tlie fact Unit JSfiTctui'.v Fish uml Alloniey-Uencral Hour are tlie only uiemhers who are opposed to a speedy recog nition of the new republic, and thev uie 'only op posed to It on the ground that It may complicate our negotiations with Xireut lirltuin relative to the Ala bama claims. WaHhimjtun Cor. Laltimore Sun. We nro tired of seeing nud reading such rubbish. As we understand it, neither of these gentlemen mnke any reclamation on England for the Queen's proclamation of May, giving a belligerent status to the Confederates. They have their own opinion of the friendly or unfriendly spirit to us which inspired it. A claim for damages, based on belligerent recognition of the South by England, is Seward's pet idea. Ho wasted, for a year nnd a half, n great quantity of State Department ink and p,ip.?r on tho subject, nnd solely vexed tho spirit of Mr. Adams. It is Sumner's project also, and underlies much of his speech iu the Senate on tho Johnson-Clarendon treaty. The World repudiated it from tho start. Messrs. Fish and Hoar, like sensible men, follow in this matter the World (it is a pity they do not do the same in everything), and base their claim in behalf of this nation nguimt Great Britain on the allegation that, in re;ect to the Ala bama, the Queen's ministers did not keep aud maintain tho neutrality sho voluntarily as sumed nnd proclaimed. We do not believe a word of this statement in the Baltimore tjiui, becauso the sympathies of both these Cabinet members arc said to ba much with the Cuban:), and, if they deemed it due to the people of tho United States that a declaration of belligerence bo made, noth ing in the Alabama case would prevent. Tho suggestion is a cowardly one at best. The truth is that there is now nothing in the condition or affairs of onr people requir ing such a recognition or declaration. What public or private concern of any citicn needs it? What material interest under charge of the Government is influenced or inconve nienced by the insurgents in the woods and mountains of Eastern Cuba? It would be no more absurd for France to deliberate whether she would accord a bel ligerent status to our warring Indian tribes in the West. They have as many and more men under arms than has Cespedes, fight quite as well, and much in the same styro of assaulting an army post or a village and then fleeirg to the mountains. The whole power of this Government cannot catch, conquer, or destroy these insurgent Indians, any more than General Do Rodas can altogether subdue the Creoles, negroes, and Chinamen under Cespedes. It is apparent now to all impartial persons thnt the main strength of the Cuban insur rection is in this country. Here is its naval, military, and political base. As Mr. Caleb dishing truly says, even tho political consti tution of the pretended republic of Cuba was made here and imported hence iuto the country over which it was designed to be a fundamental law. The councils of the insur rection are in New York city. Who has heard of any sort of a constitutional conven tion or a legislative body deliberating in Cuba ? Who has seen a copy of an act or law of the legislative department of the republio of Cuba t 1 ho really efficient soldiers whom Uespertos has in the woods of the eastern por tion of tho island were recruited in the United States in violatio n of its laws. Every vessel, from tho Perit to the Lilian, which has reached Cuba in nid of tho insurgents, has left our shores under tho inspiration of tho Cuban Junta in this city n great part of tho members of which are indicted malefac tors and under bonds not to do the very things they have been doing during the sum mer fitted out in palpable infraction of our municipal code of neutrality and of our treaty stipulations witu hpain on the subject. EXIT BADEN. From the X. Y. Tribune. It is settled, and there is no help for it. Baden must soon be sacrificed to Prussia's omnivorous maw. Franco muy fret aud Aus tria! may stand aghast, but the former is powerless to frustrate the rapacious schemes of her powerful rival, as the futile Wurteui burg quarrel proved, and tho latter is too wise to interpose a smglo remonstrance. Prussia covets her neighbor's land, and the sovereign of the flourishing littlo duchy has signified his willinguess to bo absorbed. It is the inevitable destiny of tho lords of all the outlying Iloheuzollern territories. One by one they lay down thoir power and their hereditary glories everything but thoir bar ren titles at the feet of the restless and in satiate ruler of Geruuuy. Tho instinct of self-preservation requires thorn to accept their fate with an alloetation of content, if not of gratitude, for opposition would only provolie compulsion, and lose them their per sonal possessions nnd safety with their crowns. The Grand Duke, liuvin'' promptly acquiesced in Prussia s proposals, may retain his nominal rank and a fair proportion, at least, of his revenues; but his place among tho moiuuths uf Europe will bo blotted out for ever. Regrets are unavailing, yet they are none the lessdoudly and bitterly' expressed. They tlo not, indeed, proceed from the pooplo o'f Bulen. who, if they trouble themselves with p.,l 11 v. lticiil V,m!i f tlDliS of r.o tl.tit the lufbieueo any kind, are of Pms,iii has well for no substantial I change in their condition is likely to occur. Nor from the pocket-potentate himself, who, whatever may be the feelings with which ho sees his easy sway ovor two millions of souls and six thousand fertile squnre miles wrested from him, and the brilliant historic memories of his family, covering n space of more than a thouBnnd years, ruthlessly dispersed nnd obliterated, is far too cautious to give them offensive utterance. They are in no sense the outcry of wounded patriotism or of outraged honor. The lamentation is purely of social nnd fashionable origin, nnd it comes from the lively capitals of St. Petersburg and Vienna, from the Boulevnrds of Paris, nnd from Belgravia nud Bio uusbury. Its echo may be faintly heard in our owu Fifth Avenue. For Baden was by universal consent and usage the shining central European rendezvous oi an Mint is most alluring aud lascinating in me dainty dissipations and tho captivating cor ruptions of modern existence. We menu, of course, by Baden, tho pretty town upon the banks of the Oos, with its littlo popula tion of 70tH permanent inhabitants, and its nnnual overflow of a quarter of a mil lion. For the pleasure-seeking world, no ther linden exists. Carlsruhe, the political capital, Manheim, tho commercial, and Hei delberg, the intellectual, are unknown lauds. Baden-Baden, M. Benazet's stronghold, the cnpital of vice, alone claims their attention nnd nrrcsts their footsteps, r or twenty years it hns been tho Mecca of gilded folly, cxtra- vngnncc, passion, nnd infamy. I or twenty years its continually increasing armies of de votees have clung to it with unswerving tenacity. Now tho hour of separation has come. Its guilty glories will presently cease to glow; for Prussia, whatever her other weaknesses, has one virtuous impulse, nnd thnt is the summnry extirpation of all licensed gaming haunts within her borders. Baden-Baden is a natural raraaiso; and Prussia could not, if it would, destroy the in numerable charms of its picturesque ruins, its perfumed meadows, its lovely valleys, nnd its stately forest-covered hills. But, unluckily. these nro not tho real attractions to tlie multi tude who yearly make it their temporary homo. The only brightness that such scenic attributes possess in the eyes of tho vast majority of visitors is reflected from the un wholesome glare of the "Conversation Hall so called, perhaps, because the infernal frenzy thnt seizes upon nil who enter it nt onco nnd effectively precludes every mter- cenngo of thought. Tho rainbow hues of field nnd sky nre forgotten in tho harlequin colors of rouge-et-noir; the fresh nnd invigo rating breezes in the stilling crowds that hurry day nnd night to tight with fortune: tlie pleasant murmnrmgs of the harps in the Old Castle in tho dull, monotonous click of the rouletto bnll; the outward atmosphere of ineffable tranquillity and gentleness in tho hot strife and anguish nnd greed of play. Vice banished from Baden will leave it a purified resort for the few who can bo satisfied with nature, unstained by thoso tawdry nnd ruin ous, accessories which blase and profligate ap petites ucninuci, Put ns tlie blazing locus of wild excitement and lurid license, its day will soon have )asscd. Iu its new character of a small provincial town it will lose all the gaudy glitter which now distinguishes it, but we may, nevertheless, congratulate it on the prospect of a better if an humbler future one more in harmony with the matchless physical endowments it enjoys. The I'rciK-li Bol2ti-nl Piny -Tru. '!- or TViisi-eoiiiic V from the London Spectator. It is related ot a tragedy-writer ot llio first French empire Lemercior, if we recol lect aright that when, although known to be opposed in politics to the Empire, he had been elected to tho Trench Academy, and had as a consequence to be presented to the Emperor, the latter recoived him most gra ciously, and asked him if he would soon give the world some fine tragedy. "J 'attends !" was the new Academician's enigmatic but threatening reply, of which the Ciesar did not care to press for the interpretation. Tragic enough when it came was the result of that waiting, and such as to take away from tho professional tragedy-writer all in clination to cut it up into acts and scenes for a mimic stage. And now the world stands waiting for somo "grand spectacle"' as the result of a Second French Empire; but whether the play is to be a tragedy, or only a tragi-comedy, no one can tell as yet. For a time it looked as if the former were nigh at hand. Whilst tho Em peror was struck down by illness, amidst tho swelling clamor of opposition, it seemed as if no more tragic fate had befallen a ruler since the days when King liomba lay impotent and agonizing whilst Garibaldi and the thousand were swooping round and up from Marsala. One by' one all his trusted aud handy human tools had been dropping away Do Morny, St. Arnaud, Billault, Troplong, Moc quard, nnd Niel last of nil. The two edged blade of universal suffrage had wounded the wielder's hand. He who hud crashed out an adverse Parliamentary majority hnd now bent the knee to a minority just elected, had striven and juggled to anti cipate its action, and seem to give that which he durst no more withhold; -had, if not sacri ficed, jet put out of the way his most effi cient remaining instrument, Rouher. And now he lay perhaps on his death-bed' Could the woman and the child beside htm lift and beur the load which win slipping from his grasp ? But the sceno is changed again. Ciesar, if not restored to r.ealtu, is Limsell ouco more V hat next ? We need not here ngain discuss the proba bilities of nn abdication, already discussed in this journal. That tho plan, whether finally rejected or not, has been considered and turned over nt the Tuiloiies, scams beyond doubt. But in itself it would really be but a change of form, not of substance. No one believes that the Third Napoleon will retire to a San Yusto convent, or take to cabbage- planting like another Diocletian. The plain fact of the matter is this: There' is war be tween the ruler of France and the French people. One or the other must succumb in this warfare. Which shall it bo 'i Without a struggle, certainly not tho ruler;. scarcely the hood la. But wtieio f in me l'nrliument or in the streets? If in the Par liameut, it may safely be snidthal the tfm pcror is vanquished beforehand. The civil history of modem times has few remaiuable pages thuu that of growth of the Opposition in Second Empire, from the time when morn tlie tho "tho Five," nlone amidst a compact mass of teriid votes it is almost a solecism imuis to call them voters with no publicity to back them, since they spoke unreported, bore witness that there was a France outside thut mass a France unsatisfied, protesting, desiring, ready to claim what it desired. At ench nw clou lion a few votes were added to tho first nu cleus of opposition, whilst, others trutj't'ed in by degrees from the ranks of tlie ni.i.i. il.V itsdf; nt each Puil'uinieut sonic new conces sion w:is granted from on hi'h l''5' il si'.otild be v.oii, till at l.i.-t, in spi'u of the years been supreme, nnd that whole machinery of French officialism, pre fects, sub-prefects, nnd nominee mayors, and hnlf a million of civil functionaries backed by not much less than half a million of soldiers, tho elections of this year sent up nearly a third of Opposition members of all slmdes.'tho greatest cities of the Empire taking" plea-' Bine iu elocling "irreconcilables," or at least parading them ns candidates. Mean while, the right of public mooting has been to some extent restored; tho press is not only free, but for the time unbridled, and. as the Tiiim' Parisian correspondent says, none bnt Opposition papers nre read. Is it possible to believe thnt when so much has been gained nlrcady by the people more will not be gained now? What concession hitherto made by the Emperor hns done more than whet the appe tite of the receivers? His amnesty was laughed at; how long will tho new Senatus Consultum last? Short shrift probably will tho elect ivo House give it, if onco it moets. Old or young, the Bonapartcs cannot face a Parliamentary regime; they must crush it or be crushed by it. But what if the struggle were in the streets ? Why, then tho chances micrht be quite other. Whether it bo true or not that nt tho Inst Paris riots Niel had given instruc tions to fire, nnd Cnnrobert refused, saying that with tho Chnssopots too much innocent blood iinint be shed, certain it is that soldiers armed with the new rides, frouted only by the usual materials of a French insurrection or revolution National-Guard muskets of the July monarchy, fowling-pieces, and pisto's, with here nnd there a revolver must bear down nil before them. Once in the streets, it is tho people, not the ruler, who stand van quished beforehand. And the question nrises are they being drawn down there ? Why are the press laws so utterly silent? Why, instead of the old vigorous wnr of warnings nud prosecutions, is every provocation al lowed to go unrepressed ? Few persons in France now doubt that tho Paris election riots were nt least hnlf got-up. Is the meet ing of tho IIouso of Representatives delayed, in order that the Parisians may bo whipped up to fever heat by the press, whilst tho most trusted leaders of the opposition nre dispersed nnd silent, in order to keep the arena free for some wild rising, headless, aimless, without a rallying point, without a moderating influ ence ? That some such plots nro being con trived by the dozen, no one doubts; reckless fanatics will never be wnntiug to spin them no, nor police agents to join m nnd denounce them. Yes. a good street victory might estnblish the dynasty for live, ten, fifteen years per haps. But at what price? The struggle must be one in good earnest. The nicvo "rod spectre" hns lost its hobgoblin terrors for the nation. I he very ntrt'i.ie of Paris hns learnt to distinguish between a row aud a revolution. For the Ihvd time since forty-nine years, the ciii-'ufrfi of tho election days failed to rufllc, far less turn, the current of public opinion. Au aimless volley down a boulevard would rather irritate than, as in 1 !"C 1, cow Paris. The men who must be drawn into the streets must bo real foes woith getting rid of, such, for instance, ns that oii vrii r before whom the Onssagnae, head bravo of the Empire, lately quailed, when, professing entire ignorance of sword nnd pis tol nl ike, and not willing to bo simply mur dered nt arm's length with tho one or at ten paces with tho other, tho oncrier claimed of him in vnin n duel with two pis tols, ono londed, the other unloaded, each holding his muzzle to tho other's temple. Grim, wild men these, dangerous to bo left long nt large. To be successful, tho tragedy must be complete. But it is dangerous ploying with edge-tools new ones, too, many of them. What if they failed to do their work ? Faithful though tlie army may be, there nre, even in this re spect, awkward symptoms. Here is M. do Keratry, who commanded an Imperial counter guerilla in Mexico, now claiming for the pro rogued Assembly to which he has been elected the right to constitute itself uncon voked this very month. The new Republican dogma, that of the abolition of standing armies, is said to be spreading among tho soldiers themselves, always out of humor with their lot. The chance lies between a carnage and failure. The carnage would be terrible; failure would be terrible. And the chance has to be risked by an old man, enfeebled by chronic disease, not personally cruel will lie risk it ? Will he not rather try some of the old expedients, which served him iu such good stead iu days gone by ? a littlo bloodshed, rather more bullying, oracular speechifying, vogue promises, coujit ile theatre, trottings-out of the Liberal cousin ? Sad it is, no doubt, that the tame eagle brought up in a Carlton Gar dens' Rrea and the Satory sausages valuablo stage properties though they were in their time will not bear using more than once. But then the tragedy is given up, and the tragi-comedy commences. If the people have enough self-control to avoid the streets, they may sit till they have laughed it out. WINES. R MAJEST Y CHAMPAGNE. BUX7TON & LUSSOItf, 215 SOUTH FllOXT STKEET. THE ATTENTION OF THE TRADE IS J Rolitited to lti fulioiriDg vei-j Cliuitw Wiuo, kic, for n0 ih;ntoi r.rssoN, 116 HMUTH i-KONT bTRKKT. OHAMPACJNKS. Aont for hr M'iiet. Irao da Motitehelio, Ujtrte ltluue. Carte Blanche, and CMmrlta l-nir-'( Orand V to KUKcnin, and Yin Iiiinunal, M. Klue nan t (Jo., of SlojeBce, biurkiiog Muttolla uud hlil.Vlt W IKr.H. Hi A lKlR8.-01d Island, Bnntb Hide Knaerre. bllKRltlKM. K Kuilolphtf, Amontillado, Tojiax, Vl Inltp. PhIajiiiiI finlrinn liar, llnmn. i'tn. l'OU'l'h. -Vinlio Velho Heal, ValU-Me, and Crown. CLAJtl'TS l'romia Aine A t lo., Moullbrraud aud Uor douui, (Tluretaand Hauteru Wine. U1N.- "Alerter Swan." , , UKANP1KJJ. Ueuutnuey, Otard, Dupnj A Oo.'i farioat fiutnuei. rt A K S T A I E S McOALL, No. 13 WALNUT od 31 GRANITIC Street. Import ui'Q of BRANDIKS, W IN Kb, GIN. OUVK Oil,, H't'O., AND OOMM1SSION AtK.RUUA.NTS 1'or the aulont pi'l? it 111 11 RYE. UltKAT, AM) UOUKUON WIWV KIKS. I lAUtfTAIUS' OLIVE OIL-AN 1NVOIOU V- ol the above tor nle b ...,r,..i No. M WALM; r una ill l.ltAMTl1. Ma x:.. o llU N.TI KH KI.1 1. New Yurk. No. ID KOl'TU VUARVKH. I'Mludoluuia, No. 45 V VKATT Street, haltimoro. We are prepared to eliip every deeonption of KriiTl;t to I'i:ilatluliiUi, New York, Wilmington, and intermedial puuitk with i)i'iuptni anil rteapatcu. Uaual Uoafaud iirai-intt fnruialied at Uu. bortuat notice. SAIL DUCK AND CANVAS, V; of I nil iiuinlitra and litanda. Twit, Awntm;, Trunk, and S vv-iti over Dui k. AImo, Paper illanu ai tin lira" )mi'1' I.'l:-. Ik in lliir'y to aeveutj ail Inc. ben wide, VuVi.. l..U.UB. fall Tiue. 'c. IS w K.V)' RM A N, i.-,; Uni'Iil'liUi! Street (Liny bloi'e) PINANOIAU A RELIABLE HOME INVESTMENT. THE FIRST MORTGAGE BONDS OF TBS Wilmington and Reading Railroad, BEARINO INTEREST At SE7EII PER CENT, ia Currency, PAYABLE APRIL AND OCTOBER, Fit ICS OF STATE AND UNITED STATES TAXES. This road rues throngti a thickly populated and rich ogrlcultural and manufacturing district For the present, e are oilcrlng a limited amount the aoove Bonds at 85 CENTS AND INTEREST. Tlie connection of this road with the Pennsylvania nnd ltending Railroads Insures It a large and remu nerative trade. We recommend the bonds as the cheapest llrst-class Investment la tho market. Will. rAINTSU & CO., BANKERS AND DEALERS IN GOVERNMENTS, No. 30 SOUTH THIRD STREET, 9 4 t!2 31 PHILADELPHIA. UNITED STATES BONDS LOUOHT, SOLD, AND EXCHANGED ON MOST LIBERAL TERMS. a o i j. i ISOVGHT AND SOLD AT MARKET RATES. COU PONS CASHED. PACIFIC RAILROAD B0IJD3 BOUGHT AND SOLD. B T O C It BOUGHT AND SOLD ON COMMISSION ONLY. COLLECTIONS MADE ON ALL ACCESSIBLE POINTS. DE 1IAYEN & BRO., No. 40 South THIRD Street, 115 PHILADELPHIA. 15. 21. Jj&XftXSCZSr ti. CO., SUCCESSORS TO P. F. KELLI & CO., llankers and Deulers la Gold, Silver, ail Governmeat BoqJs, AT CLOSEST MARKET RATES, N.V7. Corner THIRD and CHESNUT Sti. Special attention given to COMMISSION ORDERS in New York and Philadelphia Stack Boards, eto. etc. es tia si LLIOTT & DUNN, BANKERS, KO. 109 SOUTn THIRD STKEET, PHILADELPHIA, DRAW BILLS OF EXCHANGE ON THE UNION BANK OF LONDON. DEALERS IN ALL GOVERNMENT SECURITIES, COLD, BILLS, Etc Receive MONEY ON DEPOSrT, allowing interest Exccuto orders lor Stocks la Philadelphia, New York, Boston, and Baltimore. 4 SOS QLENDINNING, DAVIS & CO., NO. 48 SOUTH THIRD STREET, PHILADELPHIA. GLEKDINNING, DAVIS & AMORY, KO. 2 NASSAU STREET, NEW YORK BANKERS AND BROKERS. Direct telegraphic communication with the New York Stock Boards from tho Philadelphia Offlce. 128 3VllTH,RAr4DOLPH & CO.. BANKERS, PHILADELPHIA AND ' NEW YORK, UKALERS IN UNITED STATES BONDS, and MEM- BUKS OF STOCK AND GOLD EXCHANGE, Receive Accouuti of Lanka aud Bankers ou Libera Terms. ISSUE BILLS OF EXCHANGE ON C. J. HAMBRO 4 SON, London. U. METZLEH, S. SOHN CO., Frankfort. JAMES W. TUCK En & CO., Paris. Ami Other Principal Cities, aud Letters ol Credit 1 2 tf Available Throughout Europe, JOHN 8. RUSHTON & CO., No. SO SOUTH THIKD STREKT. NOVEIIEIS COUPONS AND C 1 T A W All IS IV rr S3 lOMiTit BOUGHT A:D SOU). Q I T Y WARRANTS I'.OUUHT AND SOLD. C. T. YEEKEG, Jr., & CO., NO. 20 SOUTH THIRD STREET, 1 PHILADELPHIA FINANOIAL. A Seven Per CenLGoll Loan 6,500,000. THK KANSAS PAOTFIO RAILWAY, now in hi..,. ful operation from Kansu City lo St.eridan. oroDOMa to bolld an extenairn to Denrer, Colorado. 1 tie Oorernment baa granted Three Million! of Aoroa of the Onott land ia rtanMs ana Uoiorvlo, whioa are mort caged lor theaoon. rtty of a loan of &G, 500,000. Thli loan it leoured in the moat effectual manner. It repreunte a road tn profitable operation, and will open the trndo of the Rooky Mountain onnntry and connoot it with the rcat markote of thi Kast, It is connidered to he one of the beat, loana In the market. KVH.N BICTTKR IN ROMK RKSPKOTS THAN GOV KHNMKNT 8KOURITIKS. The loan has thirtly yenra to run, principal and interest payable in (fold, semi-annually, sovon per cent. The coupons will be pnyable soini-annnally in either Frankfort. London, or New York, and will ba free from Oovnrnment taxation. The bonds for the present are sold in curronoy at W, with accrued interest. Circulars, maps, and pamphlets soot on application. IrAilM.V, llOIUJ Ac JO., No. 63 EXCHANGE PLACE, NEW YORK. M. If. .IKNI P Ac CO., No. 12 PINE STREET, NEW YORK. We are anthorir.ed to sell the bonds in Philadelphia, offer thora as a reliable investment to our friends. 'iouki:i aviii:i.i: Ac jo.. No. 309 WALNUT Street, 10 STmwf lm' PIIILAHKLPHIA. B A N K I N O II O U 8 B OF JAY COOKE & CO,, If os. 112 and 114 South THIRD Street. PHILADELPHIA, Dealers In all Government Securities. Old 6-208 Wanted In Exchange for New. A Liberal Difference allowed. Compound Interest Notes Wanted. Interest Allowed on Deposits, COLLECTIONS MADE. STOCKS bought ad sold on Commission. Special business accommodations reserved, for adies. We wUl receive applications for Policies of LIfa Insurance in the National Life Insurance Company of the United Slates. Full information given at oui offlca t i Bra pm 6. PETERSON & CO.. Stock and Exchange Brokers, NO. 39 EOUTII TniRD STREET, Members of tlie New York and Philadelphia Stock, and Gold Boards. STOCKS, BONDS, Etc., bought and sold on Com mission only at cither city l sat WATCHES, JEWELRY, ETO. ESTABLISHED 1828. WATCHES, JEWELRY, CLOCKS, SILVERWARE, and FANCY GOODS. G . W. RUSSELL, NO. 88 N. SIXTH STREET. PHILADELPHIA. I C H JEWELRY. J O II IN BRENNAN. DIAMOND DEALER AND JEWELLER, NO. 13 SOUTH EIGHTH STREET. 8 B mwf 9mrp PHILADELPHIA. WILLIAM B. WARNE Wholeaal. Dnalnnttn & CO., WAT(;ilK8 AND JKYVICT.RY, comer BKVKNTH and OHKHNITT Street. Kcoond floor, and late of No. BIS 8. THIRD bt. b at M I L LINERY. WJEYL. & IU)SE.IIF.ni, NO. 72C CHESNUT STREET. OPEN THIS DAY, 10 PIE0F.S ROMAN 8TRIPKD SATINS, at $3, $J u0, and 43 por yard; one dollar per yard bolow former prices. 40 PIEORS SATINS, 16 inch, of all desirable shades, $1 SO per yard ; reduoed from A 16 PIKCES BLACK VELVET, warranted all silk, at $4, $4 00, and $u ; one dollar per yard below the real value. A 1m, a f ull stock of all kinds of RIBBONS. SILKS, HATS, I'RAMES, iLOWERS,' JjKATHER?, KTU. ETO., AT GREATLY REDUCED PRICKS, WHOLESALE AND RETAIL. WGTL Ac liOSIL"lIi:iJI, 10 18 lm NO. 728OHK8NUTSTREET. QENT.'S FURNISHING QOOP8. rpitU FOIJJiT OF FASIIIOX. GENTS' FURNISHING STOKE. MRS. MIKKIK CUMMINGS has opened the above named place, at No. l9 South Elim I H Street, where (nt lemon eio find everything: in their line. The best nttlng biilRTB in the city, ready mad of DiM-'e to order. Purchasers of twelve articles receive the thirteenth as a CifU UMBRELLAS TO HIKE for 23 oouta. Haudkercl ieia h' mined tree of charge. Polite Salesladies in attendance. A call is rtupt'tiiully euhcited and aatiafaotioo govt- anteed. ' p 3 MINNIE 0UMM1NQ8. I )A1USX SHOULDER-a EAM SE1RT MANUFACTORY, AND GENTLtMLN'S FURNISHING STORE. PERFECTLY FITTING SHIRTS AND DRAWER" Iiuule from mco-iucin.'ut ot vi-rj abort notice. All other urnues of UJuNTLEMEN'S DUES GOODS in full aiutv. w WINCHESTER OO., 11 2 No. Too CIlltSNUT Street. IXE 1 R K S S AND SHIRTS GENTS' NOVELTIES. J. V. t COTT & CO., No. 814 HKNlT Strict, I'liiludfiphla, 4 t'iUp Fi it limits In l"w (' iinlncntul HntiU DRUC PrIN rb, ETti. SI OK A K Ji lt fc J OBKRT ao. N. E Come'. fuU?.TH aad RACE SU. i !iJLAliKLPUL. vsiOLEr-A i. a u c u i a r 8 , Impo: .i.s u:ia Miuiulatturtrs of Wlutt) Lean md Colored Taints, Putty' Varnishes, Etc. AU3K1V0U TUB ( LLKliRATta FRENCH T. INO PAINT S. aud tou-viraers apr-:m at t o:i jitlcei lor tabh.