T!IK DAILY EVENING TiOIKA I'll rilliiADIIM'illA. TUESDAY, KOVKMBHit :;0, I8tt. 'I- mn or inn rivasa. (rial Opinion of lh ImfHnaT Janraala I'pon Current Topics) jsiupiimi Kver pu for the Evening Telegraph. .'' FT? AVfiK AND FUEK TIIADE. rrvm th JV. r. World. One of the first things to be attempted in the French Leginlatnre, during the Hesnion now commenced, is the repeal of the free trade treaty between France and England, negotiated between Louis Napoleon and Mr. Cobden nine years ago. The ratification of this treaty was the personal act of the Em peror. Its repeal, if the attempt to set it aside be succennful, will be the fruit of parlia mentary government; yet it would be easy to show that in this case the Emperor was wiser than his Parliament will be if they undo his Vprk. There is an agitation going on in Eng . - Lnd as well as in France for the abolition of the treaty and the reimposition of protective duties, and there is this absurd peculiarity ubout this agitation the treaty has more than doubled the commerce between the two coun tries, but its foos in each country declare bat it has been the cause of all the distress from which both countries are suffering. The ; English protectionists say the treaty has fiven undue advantages to the French; the Tench protectionists say it has enriched the English at the expense of the French. It is difficult to believe that both of these accusa tions can be true. That a commercial treaty ehould ruin the commerce of two countries, ' 1 and still should have increased and stimulated if . the commerce ot uotn, is cieany an aosnraity. It would be possible to unuerstana now a treaty might benefit one country at the expense of another, or how it could mutually benefit both countries; but how it could, at the same time, benefit both and rnin both, is certainly a mystery. Since the treaty came into operation English ex ports to France have increased to twenty three millions sterling, which is clearly a gain to England, and French exports to England have increased thirty-three mil lions, which is clearly a gain to France. In 1800 the English la lies bought three mil lions' worth of French silks; in 1807 they bought ten millions' worth. The increase was clearly a gain to the French silkmakers; and to whom was it a loss ? "To the English silkmakers," it will be replied; but if an Eng lish lady can buy a French silk of a more ele gant style and of a better quality than an English one, at a low price, it is not reason able that she should bo required to pay fifty per cent, more for her silk in order to make it possible for an English manufacturer to force his inferior fabrics on the market. There are some industries which are depressed in France chiefly those of the cotton trade and it is from these that the cry for the repeal of the treaty comes; but it is also true that there exists in France a widespread and deep-rooted prejudice in favor of protection on general principles, and there is danger that when the Corps Legislatif is permitted to decide the question which Louis Napoleon decided arbi trarily and without consultation with the Legislature, it will so far yield to clamor and to prejudice as to return to the protective system. The International Exhibition of 18.V convinced the Emperor that French industry was very skilful, and that there was no neces sity for protecting it by prohibition or pro tective duties. In the following year, conse quently, he introduced a bill in the Legisla ture to repeal the prohibitory duties, but this xaised such a storm in the Chamber that the bill was withdrawn, and the Emperor pro mised not to remove prohibitions until the lapse of five years. In 1800, this period had expired, and what was very much like a con spiracy was then entered into between the Emperor, Mr. Gladstone, Mr. Cobden, and M. Chevalier for the secret negotiation of a free-trade treaty between France and England. M. Chevalier, instructed by the l- . Emperor, called upon Mr. Gladstone, then Chancellor of the Exchequer, and without difficulty agreed with hhn on the basis of the treaty. He then saw Mr. Cobden, and agreed to meet him in Paris, but to travel thither separately, in order, as M. Chevalier him self states, "not to give warning to the pro tectionists, who, if they had suspected what we were about, would have risen in arms, and made it impossible for the Government to accomplish so necessary a reform." The Emperor received Mr. Cobden secretly, told him that he adhered to the project for the treaty, but recommended him to flivulge the matter to no one for some weeks. The Minister ol t mance and the Director- (Janarnl of Customs wer not lot inrr ; the secret. The business of the negotiation was all carried on between M. Rouhor, at that time Minister of Commerce, and Mr. Cobden; and, in order to keep the matter from leaking out through the treachery of clerks, M. liou her's notes were copied by his wife, and Mr. Cobden's by the wife of M. Chevalier. All being arranged, the Emperor disclosed the business to his council; "the protectionist notabilities, being warned, hastened to Paris; the Emperor and M. Itouher were besieged; but nothing shook the resolution of the Gov ernment, and the treaty was signed." In England the treaty was welcomed gladly; in France the protection ists denounced it with bitter anger, and have ever since treasured up a resolution to revenge themselves when possible. With the , substitution of parliamentary for personal government their opportunity has now ar rived, and they are eager to improve it. But 89 beneficial has the operation of the treaty proved to the general interests of the empire that there will be an intelligent and spirited opposition to its repeal, and the French pro tectionists will be required to show how it is possible that a treaty which has given an im petus to the commerce of France such as it never before experienced can bo deemed hos tile to the interests of the country. THE COMMERCIAL RELATIONS BE TWEEN THE UNITED BTATES AND THE DOMINION. From tht N. Y. Albion. A despatch from Ottawa seoks to throw dis credit on the assertion made by us last week, that the feeling in the Dominion is in favor of . reciprocity with the United States, but, fail ing this, that there is a party ready to advo ' cate the adoption of a protective policy dis criminating in favor of Canadian products and against those of the United States. The de spatch asserts that "there is no truth in the report from Washington that the Dominion Government hod threatened retaliatory mea sures if the present restriction on commercial intercourse was continued by the United Btates." The Washington despatch in ques tion, which we quoted, did not contain the words "threatened" or 'retaliation," but the acts are nevertheless as we stated them. A few extracts from Canadian authorities will place the matter beyond a doubt. In the Budget speech of Mr. Rose, the Finance Min ister of the Dominion, on the 7th of May last, the following passage occurs: "We may now fairly say to oux neighbors (the United States) that thh state of things has gone on for three or four years, but you must understand that it cannot continue. The time may soon come when we rosy require to have a national policy of our own; when the exceptional interests to which I have alluded, and which are now suf fering with special severity, will have to be considered in this House. But I do not think that the time to do this is when we may be on the eve of opening up negotiations on the whole question." These remarks were made in de preciation of the attempts by memberB of the House to impose duties on American product. Again, as regards the fisheries, a return has just been published by the Dominion Gov ernment, in reply to an address of the House of Commons and which is to be laid before that body in February next containing reports of the Minister of Marine and Fisheries, which embody several strong declarations as to the temporary character of the fishery license system, and urge the Government to yield to the prayers of the Nova Scotia fishing interests by abandoning the license system, and thus excluding American fishermen from their waters. Tho Privy Council of Canada fully endorsed the Minister's views, saying that the license system "was adopted on the distinct understanding that, unions some satisfactory arrangement between the two countries be made during the course of the year, this privilege will cease, and all concessions made in the treaty of 1854 will be liable to be with drawn." And they continue: "The Privy Council cannot refrain from re ipectfully im pressing upon his Excellency (the Governor General) the urgency of communicating without further delay to the American Govern ment the course to be decided on, as they feel, should this not be done, advantage may be taken to continue the present system for still another year. "Already has decisive action been deferred, in the hope that certain indications of a re turning disposition towards renewed commer cial intercourse, which were perceptible in the United States, would lead to proposals obviating the necessity for any special policy on the fisheries question. These, however, have not as yet led to anything definite, and the subject being in this instance more urgent than when two years ago it was pressed on the decision of the Canadian Gov ernment by Secretary Card well (the British Colonial Secretary), it is of the highest im portance that no f uither time should he lost." The entire pamphlet, in fact, is full of ex pressions of a similar character, including the following from Mr. Mitchell, the Minister of Marine and Fisheries: "Under all of these circumstances it is respectfully but earnestly submitted whether the system of licensing United States fishing vessels, avowedly a pro visional one, aud implying no principle, should now be absolutely discontinued, and that it shall, in tho future, give place to a definite policy of exclusion, ngrectble to colonial interests and consistent with national dignity and rights." We give theso extracts not only to strengthen our original statements, but to show American readers what the real senti ment of a faction in Canada is regarding the renewal of reciprocal relations. Nor can any fair-minded person, we think, take exception to the views thus exprcssod. While tho Ca nadians would rejoice at tho passage of a liberal treaty of reciprocity, they are not all disposed to prolong indefinitely the present arrangement under which the Americans reap all the solid advantages while certain Cana dian industries suffer severely. Thus the Canadians are quite willing to cede certain fishery-rights to tho Americans if the latter will meet them half way and grant certain privileges in return. Again, they are not un willing to admit into their territory American products free of charge, if the United States Government will grant them a similar privi lege and not place a prohibitory duty on Ca nadian coal, potatoes, and other produce. But if the latter are determined not to grant these concessions, but to keep up the present discrimination against Canu dian goods, the Dominion government may possibly, although we think otherwise, be compelled, by the force of public opinion, to adopt a similar policy by retracting the fishery license and imposing duties on American breadstuff's and other products. Whether this is termed retaliation or not, it is certainly very natural that the Canadians should be un willing to oppress their own industries simply to aid those of the United States without re ceiving anything in return for the concession. We trust that Congress and the people of the United States will view this subject in the light of justice, and be willing to arrange the commercial relations of the two countries on such equitable grounds of reciprocity as will tend to their mutual benefit and make them not so much rivals as colaborers in the great work of civilizing the yet unoccupied portions of this great continent. CUBA AND THE MONROE DOCTRINE. Frvm the X. Y. Herald. Tho administration begins to wake up, evi dently, to the necessity of applying the Monroe doctrine to the case of Cuba, and that not in the cramped and narrow meaning which has been given to it lately by the red tape diplomacy of tho State Department, but in accordance with the interpretation of the people. Public sentiment, which must always prevail in the end under our form of govern ment, begins to tell at last upon the timid and excessively conservative Secretary of State. The seizure and "libelling" of the Spanish gunboats and the issue the Govern ment is prepared to raise against them, as a last resort, of these vessels being intended to make war on a "people or colony" with which the United States are at peace, show the broad ground the administration will take in case of necessity. The President, no doubt, has taken an active interest in this nw movement and new phase that is about to be given to international law by America, though tho question belongs especially to the State De partment in its administrative capacity. It is nroner to conclude, therefore, that Mr. Fish is preparing to move from his old and unsafe moorings and to set sail with the popular breeze. We recommend him to "crack on" with all sail set, for he has a ship equal to any storm, plenty of sea room and no danger. The Monroe doctrine was not an abstrao tion at the time it was Dromulcated. It was based on great and broad principles of na tional policy, and the Government in those early days, when not a fifth as powerful as now, was ready to maintain it at the mouth of cannon or by the sword. The policv nro claimed by that doctrine was that there should be no more colonization or conquests on American soil by the nations and monarchical powers of Europe, and was intended to pre vent at that particular time the threatened reoonquest of the Spanish American republics by Spain and her allies. Whilo this was its special application there was a broader and more comprehensive one which looked to the protection ana extension of republican l n il. I juuiiiuuoiiu over aui me countries oi America. It meant that whenever a favorable opportn wty arrived the United States would use its influence or power to enlarge the area of republican government And to exclude Enropean domina tion in this hemisphere. Since the Monroe doctrine was established as a fundamental principle of American policy, there have been occasions when it was not strictly enforced. The invasion of Mexico and sotting up a Eu ropean monarchy there by the French was a clear violation of this doctrine and policy; but the United States had a gigantic civil war on hand at the time and could not act as promptly as it would have done otherwise. Still this doctrine was applied, And the French had to leave and their exotic mon archy was suppressed in the end. The ap plication would have been made, no doubt, on broader ground to Cuba, when revolution ary movements on Roveral occasions afforded the opportunity, but for the conflict of opi nions in the United States relative to slavery and sectional rivalry. These opportunities were lost, and, as a consequence, Cuba has been a subject of much trouble and sharp diplomatic encoun ters between this country and European powers. The jealousy and rivalry of these Eowers and the sensibility of Spain have rought this country to the verge of a rup ture with Europe more than once. Now there is another opportunity and a better one than ever occurred before to apply the Monroe doctrine to Cuba; and there is no division in this country on the subject. The slavery question cannot enter into it, for that institntion has been abolished both in Cuba, by the revolutionary government, and in the United StateH. The Cubans have established a tic facto government, which exercises au thority over two-thirds of tho island, have a perfect civil and military organization, have maintained a successful struggle for fourteen months against Spanish despotism, have been gaining strength from the commencement of the revolution, and are stronger to-day than ever. What better opportunity could be afforded to apply the Monroe doctrine to favor the extension of republican institutions in this hemisphere, and to exclude European domination from America ? Never was there a clearer case, and our Government would show an amount of weakness and ignorance almost incredible if it should fail to recognize the Cubans and to throw the shield of Ameri can protection over them. BUSINESS DEPRESSION A CLOUD WITH A SILVER LINING. From the X. Y. Timet. There can be no use in disguising the fact, even if it were possible, that a profound anxiety pervades the business community in regard to the coming year. The long pre dicted "shrinkage," which has been so often falsely prophesied that people have come to doubt its ever occurring, seems at length really to have begun. Prices of commodities have already begun to fall; tho currency is slowly but steadily appreciating, and the result is, as was to be expected, a temporary slackness and dullness in almost all branches of buf-iness, and considerable tightness in the money market. One of our most intelligent financial organs has argued recently that there can be no general contraction going on, as the volume of currency remains the same. But it should be remembered that a relative contraction may take place without a direct calling m of currency afloat. We may be doing more business with the same volume of exchange. This must now be the fact. Each year, owing to the enormous immigration and the profits of produc tion in such favored regions as ours, there is a considerable increase of. national capital, and, therefore of business and exchanges. The South, moreover, has surpassed her normal annual increase of production during the past three years. Owing to the character, too, of her laboring population, she is ab sorbing more of our currency than she ever did in former years. That is, the negroes keep the greenbacks they have earned, and hoard them with the object of ultimately buying land. There are more exchanges now throughout the country or, in other words, there is more business than there was three years ago, so that relatively the currency is not so redundant as it was then, though still far beyond our needs. The appreciation, too, of the currency, of "the fall in gold," is a matter partly meta physical as well as financial that is, it de pends on the general feeling and confidence of the public, as well as on laws of economy. There is now a general expectation abroad in the community that prices are beginning to fall, and that a dollar will be worth more in value a few months hence than it is now. Consequently, consumers hesitate to buy ex cept what is absolutely necessary; dealers and jobbers are forced , to make smaller pur chases or "to carry" heavy stocks; manufac turers and importers find themselves with large quantities of goods on hand, which they are anxious to dispose of, as their price may continually fall. Money is in demand to carry these various articles, or keep dealers afloat till they find purchasers. But lenders are becoming timid in face of a falling mar- Ket, ana great stringency shows itselt, espe cially in the Western cities. This is without doubt, all of it, a healthful process the first step towards a sound finan cial condition. The great body of the com munity are benefited by it, as all commodi ties will become cheaper, and above all. business will at length settle itself on a sound basis of exchange. It should never for a moment be forgotten that those who are injured most by an inconvertible currency are the consumers the great masses ot the people. In general, the country is strong and nch; one large portion tho bouth excep tionally proRperousv many great interests are in an unusually vigorous condition, so that we were never better able to bear the strain necessary, if we return, gradually and cautiously, to a healthy, natural hnancial state. QENT.'S FURNISHING GOODS. pATBNT SHOULDER-SEAM 6H1RT MA2JTFACTORY, AKD GENTLEMEN'S FURNISHING STORK. PERFECTLY FITTING SHIRTS AND DRAWER made from measurement at very short notice. All other articles Ol GENTLEMEN'S DRB3 GOODS in full variety. WINCHESTER CO., 11 S No. 106 C11ESN0T Street. F INE DRESS SHIRT AND GENTS' NOVELTIES. J. W. SCOTT & CO., No. 614 CUES NUT Street, Philadelphia, B 87rp Four doors below Continental Hotel. CORN EXCHANGE BAG M A HV FACTORY, JOHN T. BULKY, H. E. comer of JU AKKKT and WATER Street Philadelphia. DEALER IN BAGS AND BAGGING Of every description, for . . Grain, Floor, Bait, guper-Phosphato of tau. Boa limit. KW. IrgS and small GWNNYllAt.S constantly On band, iA Also, WOOL BACKS. DRY QOOD3. CHAND CLOSING SALE OF RICKEY, SHARP CO.'S lMBTEriSE stock er DRY GOODS Vt Ifcetsxil. Unprecedented Bargains SIXES, VELVETS, DBESS GOODS, and MISCELLANEOUS DRY GOODS. THIS STOCK IS THE MOST EXTENSIVE AND VARIED EVER OFFERED AT RETAIL IN THIS CITY, AND CONTAINS MORE NOVELTIES AND STA- PLE8 OF RECENT IMPORTATION THAN CAN BE FOUND ELSEWHERE. ONE PRICE AND NO DEVIATION. RICKEY, SHARP &CO., No. 727 CHESNUT STREET, 1 atfrp PHILADELPHIA. 1869. "AT TIZOXIIJLEY'S." ATTRACTIVE DISPLAY. GREATLY REDUCED TRICES. AN IMMENSE STOCK OP GOODS. We beg leave to make a "common tense" atatement to "sonsifole people," namely: That from a longexperienoein haHiness, a okse application to business, running undHr lipht expenses and buying all goods for oasli, we oan sell very much cheaper tuun parties whose eipenses are four or tiv hundred per oent more than ours, and wbo don't sell any more goods. And furthermore, our store il large and well lighted, and 'Centrally Located," (N. E. Cor. Eighth and Spring Garden;, Of easy acoess from every part of the citv h the cam. and exchange tickets or passes, and we deliver all goods punctually, ana iree oi cnarge. SILKS, RH AW LP, DKESS GOODS. BI.A N K fcTS. H A N NfrXK, :AKIM KU FS. C1.THS. C'LOA KINGS, LINEN GOODS. KID GLOVKS, CORSETS, SKIRTS, HDKFS., ETC. JOSEril II. THORNLEY, N. E. Cor. Eighth and Spring Garden, 10 16 tf PHILADELPHIA, G O I- I I IK I c i: !S FOR IMPORTED GOODS CUliAVEN STODDAIIT & BROTHER'S "OLD AND CHEAP LOCATION," Kes. 450, 412, and 454 N. SECOND Btreot. In reference to an early resumption of SPECIE PAYMENTS, We Lave only made such purchases that bad a GOLD VALUE, And adopted the eystem of SMALL PROFITS AND RAPID SALES. "OUR CHEAP LOCATION" enables us to pursue LOW PRICED POLICY in all Department of our Establishment. 11 27 3t P R E N C II MERINOES AT LESS THAN SPECIAL PRICES. One lot to cell at 37)4 cents. One lot do. at 60 cents. One lot do. at 75 cents. One lot do. at 67. cents. CURWEX STODDART t BROTHER, "Old and Cheap Location," 11 27 lit Nos. 450, 462 and 4(4 N. SACOND Street LL-WOOL EPINGLIXE AT 75 CENTS. ALL-WOOL LPINULINK AT M CENTS. From Aucllou at less than Lold 1'rlcex. CURWEN STODDART & BROTHER OLD AND CHEAP LOCATION, 11 27 3t NO. 450, 452 AND 461 NORTH SECOND ST. LL-WOOL. PARIS STRIPED POPLINS, 60 CENTS PER YARD, At I-esn than Oold Cost. i. CURWEN STODDART BROTHER, OLD AND CHEAP LOCATION, 11 27 3t Not. 460, 452, and 464 N. SECOND STREET. gUPER LYONS CLOAKING VELVET8, (From the auction tale of Friday ), AT LESS THAN GOLD VALUE. CURWEN STODDART & BROTHER, OLD AND CHEAP LOCATION, Hoa. tSO, C2, and 4M Nortb SECOND Street, 11 27 Dt Above WUJOVf. DfHY GOODS. fj O V OPENING AT TUB EIGHTH STREET RaXEOU STORE, No. 107 NORTH EIGHTH STREET, Four doora above Arch street: BONNET RIBBONS, SASH RIBBONS, SATIN RIBBONS, VELVET RIBBONS, BONNET VELVETS, BILKS, BLACK AND COLORED S ATTN 9, BLACK ENGLISH CRAPES, FRENCH FLOWERS, FEATHERS AND PLUMES, LADIES' AND MISSES' nATS, BONNET AND HAT FRAMES, All wrilclt I offer at the lowest prices. JULIUS SICHEL, No, 107 North EIGHTH Street, 28 tnthB2mn Four doors above Arch. NDIA SCARFS. INDIA SHAWLS. REAL INDIA CAMEL'S HAIR SHAWLS AND SCARFS, FOR A VALUABLE. CHRISTMAS TRE3ENT. CHEAP AT K O It 12 I- K li It'S, No. 010 CIIEMNUT STREET, 10 2 8m PHILADELPHIA. yEPIIYRS AND GERMANTOWN WOOLS. Stocking Yarns of all kinds; Tidy, Orochot, and Mending Cotton, wholesale an'd retail, at Factory, No. 1034 LOMBAKU Btreet. 11 23 3m j eWe1L7ryan d silTv ervv a he. PLATED GOODS or TUB riNEST QUALITY AX 'I'll 12 LOWEST 1CATI3S, AT No. 804 CHESNUT ST , SECOND FLOOR, BY V. II. ROGERS. We are daily receiving- from onr Factory, in Oonneo Sicnt, the latest styles of Uoodt, of all patterns, from Rogers Brothers, and "Meriden Britannia Co.'s" manu factories. TriplolMatctl Silverware, Suitable for BRIDAL GIFTS AND HOLIDAY PRESENTS. No. Wt CHESNUT STREET, Second Floor. 11 20 Ira A. H. ROGERS. FURNITURE. FINE FURNITURE, DANIEL M. KARCHER, Nos. 236 and 238 South SECOND St. A LARGE AND SPLENDID STOCK ON HAND, FOR WHICH EXAMINATION IS RESPECTFULLY SOLICITED. 11 4 tlistu3mrp RICHMOND & CO., FIRST-CLASS FURNITURE WAREROOMS, No. 45 SOUTH SECOND STREET, EAST SIDE, ABOVE CHESNUT, 11 6 tf PHILADELPHIA. FURNITURE. T. & J. A. HENKELS, AT THEIR NEW ST0EE, 1002 ARCH STREET. Are now Belling their .ELEGANT t CRNITURB at very redaced prices. 9 29 8mrp F U R N IT URE. J. LUTZ, No. 121 SOUTH ELEVENTH STREET. I am selling off my entire stock of 9 FIRST-CLASS FURNITURE AT LOW RATES, On account ol retiring from business. Please call and examine. lo 22 ftath2m ENGINES, MACHINERY, ETO. f. rE.NN STEAM ENGINE AND ifcr-S BOILER WORKS. NK A FIE It LEVY KLlTI'RACTICAL AND THKORKTIUAJ, VsTZTW KN(ilNEKR8, MACHINISTS, KOILKt- niAh.i.luS, LLACK8M1THS, and FOUNDERS, having for many years been in successful operation, and been ex clusively engaged in building and repairing Marine and River Engines, high and low pressure. Iron ltoilers, Water Tanks, Propellers, etc. etc., respectfully oiler their ser vices to the public as being fully prepared to contract for engines of all sizes, Murine, River, aud Stationary; having sets of patterns of different sizes, are prepared to execute orders with quick despatch. F.very dexcription of pattorn making made at the shortest notice. High and Low pres sure t me Tubular and Cylinder Boilers of the best Penn. sylvania Charcoal Iron. Forgingsof allsizesand kinds. Iron and Brass Castings of all descriptions. Roll Turning Screw Cutting, and all other work connected with the above business. Drawings and specifications for all work done at the establibluuent free of charge, and work guaranteed. The aubsuribera have ample wharf dock. room for repairs of boats, where they can lie in perfect safety, and are pro vided with shears, blocks, falls, etc. etc., for raising heavy or light weights. JACOB O. N HA FIE, JOHN P. LEVY, 81 BHACH and PALMER Streets. SOUT1IWARK FOUNDRY, FIFTH AND WASHINGTON Streeta, PHILADELPHIA. MERRICK A BON8, ENGINEERS AND MACHINISTS, manufacture High and Low Pressure Steam Engine! for Land, River, and Marine Service. Boilers, Gasometers, Tanks, Iron Boats, eto. Castings of all kinds, either Iron or Brass. Iron Frame Roofs for Gas Works, Workshops, and Railroad Stations, eto. Retorts and Gas Machinery of the latest and moflt Improved construction. Every description of Plantation Machinery, also, Sugar, Saw, and Grist Mills, Vacuum Pans, Ol Steam Trains, Defecators, Filters, Pumping En gines, etc Sole Agents for N. Blllens's Sugar Boiling Appa ratus. NetmiYta's Patent Steam Hammer, and Aspln. wall k Woolsey't Patent Centrifugal Sugar Drain, lng Machines. Boj QIRARD TUBE WORKS. JOHN H. MURPHY A BROS, nuuactiurer of Wrought Ifu Five, etc' PHILADELPHIA, PA. WOBX8, VWENTY'THIRD and F1IJJKKV Htrat. OFFICE, l no. 49 FtorUi FIFTH RorMt. ILL! AM ANDERSON & CO., DEALERS ia fin. Waisaios, io. lit HorOl BOOOND Street, fluhkdelyluAi tiii: FIRST MORTCAC SINKING FUND 7 PER CENT. 40 YEAR GOLD BOND or TBI Chicap, Danville ail Yiacsan: RAILROAD COMPANY. ( Total nmount to le Issued, $3,500,a OOOon 110 Miles of Road, (Extending from Chicago through Eastern Illinois tA the junction with the Evansvllle and Terre Hantj Railroad, with which it forms the shortest TRUNf LINE to Louisville and the South), making thi average of Bonds alKmt fis.ooo per mile, and It 1 '4i expressly guaranteed that the bond Issue shall exceed that sum. The Road traverses a country that assures a largo) and profitable business; Is built and equipped froax Chicago to Momence, a distance of M miles, axis UPON THIS rOKTION OF THE LINB ONLY OFT BR TBI BONDS FOR fULR, These Bonds are protected with extraordinary care by registration and otherwise; the lnteree' upon them will be paid out of one-third the ne earnings, and the Sinking Fund, created and sc' aside, will provide ample means for their rertemp tlon. They are Officially Registered and Transferred b the . Union Trust Company of New York, who thus become the custodian of thCBe Bonds. IT IS CONFlDBNfLT BBLIIVSD THAT KC Bonds can bb mipb ijorb pbribctly bbccbe, ok m0kb absolutely safb. ) It is a CAPITAL ADVANTAGE or these Bond that they bear 7 per cent, gold interest for 40 years and compared with 6 jr cent, gold bonds, tho addi tional 1 per cent, at compound interest, for tlilrt;. years, would give the owner of this Bond a profit o f 951 -as, and for forty years, $2003-43. j Government Sixes might be exchanged with th' result: 110,000 would buy $n,ooo of. these bond payable In gold, yielding a prom In band, and besld THE GAIN OF $2000 PRINCIPAL AND THE AX NTJAL 6 PER CENT. THEREON, WOULD, A' MATURITY, NET THE BUYER $24,041-ld ADD! TIONAL PROFIT' IN INTEREST. . . - Trices at present, 05 and accrued interest froz: October 1. - Pamphlets, with Maps and detail, and the BONE: may be had of us, or of Hi: HATHA Sc UROTIIEIt, Dealers in Government Securities, etc., No. 40 South THIRD Street, Philadelphia, J Having personally examined this entire line road, finished aud projected, as well as the count through which it runs, we offer theBo Bonds wltt every conlldence In their full worth and soundness W. BAILEY LANG & CO., No. 14 CLIFF Street, New York, Agents for the sale of the Bonds. 1123tuthsU ( gISCX'RITY A; VIA ST LOSS. BY ' Burglary, Fire, or Accident: The Safe Deposit Company, . IN TUBIR v t New Fire and Burglar-Proof Building Nos. 329 and 331. CHESNUT STREET. The Fidelity Insurance, Trus; AND . SAFE DEPOSIT COMPAirJ CAPITAL 1,0,C; DIRECTORS. N. B. Browne, t)larens H, Clark, Jolin Welsh, (Jharles Macalestor. Edward W. Clark. Alexaudsr Heury. Stoptisn A. Oaldwell. Goorg F. Tjder, Henry O. Gibson. Prestdent-N. B. BROWNE. Vies President-OLARENCE H. CLARK. Secretary and Treasury ROBERT PATTERSON. , Assistant Scretary-J AMES W. HAZLEUURST. The Company have provided in their new Building auc Vaults absolute security against loss by FIRE, HU& GLARY, or ACCIDENT, and RECEIVB SECURITIES AND VALUABLES ON DE POSIT UNDER GUARANTEE, Upon the following rates, for one year or less period Government and all other Coupon Seouri- , ties, or those transferable by delivery. .'. .$100 per $W't Government and all other Securities regis- v tered and negotiable only by endorsement - 0 per liVr, Gold Coin or Bullion. l iiper ldik Silver Coin or Bullion i'W per l:i Silver or Gold Plate, under seal, on owner's estimate of value, and rate subject to ad justment for bulk l'Uuper 10- Jewelry, Diamonds, eto 8'6o per K- Deeds, Mortgages, and Valuable Papers generally, whn; of no fixed value, $1 a year, each, or aooording to bulk. These latter, when deposited In Tin Boxes.are eliaraud according to bulk, upon basis of 1)4 leat cubic ear city, $10 a year, . , Coupons and interest will be oollected, when desired, a remitted to the owners, for one per oent. The Company offer for RENT, the lessee eiolu.il rol. holding tbe key, SAFES INSIDE THE BURGLAR-PROOF VAUD!'S At rates varying from $15 to $6 each, per annum, a2ri ing to siss. I Deposits of Money Received, on whioh interest will V allowed : 8 per cent on Call Deposits, payable by Check at sight, and 4 per oent. on Time De posits, payable on ten days' netioe. Travellers' Letters of Credit furnished, available in u!l parts of JCorope. Tils Company is also authorized to aot a Kieoutors, Administrators, and Guardians, to receive and exaoiua Trusts of every description from the Courts, eorporatiuu. Or individuals. N. B. BROWNE, PRJCSIDKNT. ROBERT PATTERSON, ) 11 93 tuth2m5p BEORETARV AND TRRA8UR1IT. PAPER HANQINQS. LOOKt LOOK 1 1 LOOK I ! ! WALL FA PI and Linen Window Shades M anaf aotur4 cheapest in the city, at JOHhetTON'tJ Ifnuot, So. 1 SVK1NG UAUDKN btreet, below KleveoUi. liianoi., ' v7 iJCDKRAJL btreet, Camden, Mw Jersey, u A
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