THE DAILY" EVENING TELEGRAPH PHIL ADELPHIA, MOKDAf, MCEMBEPw 27, 18C9. spirit or TIIH rHD33. Editorial Opinion of the Loading Journals (!inn Current Toptce Compiled Kverv Uar lor the Kvenlii Tolcwnph. IGNATIUS DONNELLY, EX-M. C. from the y. Y. Tribune. This gentleiuau hiiH favored us with a reply to our recent notico of him much longor than that notice. AVe cannot print it verbatim, . Vut we will giva its substance this conspicuous position: 1 I. Mr. Donnelly Insists that ho was not tho bolting candidate in his district last year, but . that his Republican opponent wan, and points triumphantly to their vote respectively Don nelly, 11,22!; Andrews, 8505 as proving his insertion. We gave that vote fully and fairly in our former article; but we do not give it the force that he does. Mr. Donnelly was a young man and now to the State when the Republicans of his district took him up (in 1804) and elected him to Congress; re-electing him in 1800. Not being a Clay nor a Webster many Republicans thought two terms should satisfy him; but he insisted on an other, divided the party, and threw away the Mat. Now a true man, we think, would have eaid, "Since there is a considerable part of jay Republican constituents who wish me to Btep aside, I will do it,harmonize the district, and save the seat." Mr. Donnelly chose the opposite course, and threw the seat away. We think this proves him a false, selfiuh, un worthy man, and justifies our conviction that he cares nothing for tho Republican party except as it ministors to his own aggrandize ment. II. ' Mr. Donnelly denies that the "Inde pendent ticket," with the opposition candi date for Governor at its head, which came so near defeating the Republican Governor last month, was his work, and proves it. We were mistaken on that point, and retract our Charge. III. He says that he did not vote for the protective tariff acted on by the Thirty-ninth ' Congress at its first session; that the Con ffr&mional Olubc has wrongly recorded his oto as for the bill; that the Journal of the House (which we do not see) correctly re- - cords him as voting against the bill. He does not say that ho ever sought a correction of tho wrong record made in the official organ of Congress the only record of its votes that is distributed to the people. This matter is Bo important that we must give Mr. Don nelly's account of it verbatim. It is as fol lows: "A few words In refrarrj to my tariff record. You cliarue that I voted with the protectionists while In Congress, as a Republican from l'eunsvlvaula might be expected to Qo. This li so far from being cor rect that, 11 you will turn to page 3723, Part IV, Con gresKtonal Olobe, 1st session, 'i hirty-niuth Congress, you will find that I voted against the increase of the duties on coal and railroad iron, and in favor of post poning tho whole bill to the next session ; and. If you will turn to page 996 of the Journal of the House, you will Hud Uiatl voted against the entire bill on Its final passairo. I stand recorded in the Globe as voting for it ; but this is a mistake : the record in the journal of the House is the correct one. "It Is true that, during the war, I sustained and defended on the stump a high tarlir, precisely aa I ' sustained draft laws, military arrests, confiscation bills, and other measures which were deemed essential to the preservation of the national .'ife. Ho HHcrllice was too great If the nation demanded . It at our hands. We are now In an era of profound peace; the necessity which then existed lias ceased - to exist; and the ilnanclul, commercial, and Indus trial condition of the country rises into the first con sequence. Is it fair to denounce a man as a 'sinuous and slimy demagogue' for refusing to sustain as a peace measure that which he sustained tmder tho pressuro of necessity as a war measure? Is It fair - to hold that, whenever a public man changes his mind, he must necessarily be a scoundrel ? I fear - lut few editors could stand such a test. "Our Western country is passing through a period - of gloom and embarrassment greater even than that of Our produce of all kinds scarcely pays the cost of production, while everything we purchase is Inordinately hlirh. We feel that while we pay large . taxes to the support of the Government (which we do not grudge), we are also paying still larger taxes tor tho support of a part of our fellow-citizens who enjoy greater prosperity than we do. Out of our poverty we are made to contribute to their abund ance. As a Republican. I feel that the Republican party must either set Us face against the high tariir nroteetive doctrines advocated by your paper, or lose lorever this great Northwest. Whatever I iiave said, therefore, upon this subject, I have said through an honest and sincere conviction of duty, not only to the people, but to the party. lieliee me ,' very truly aud respeotfully yours, "Ignatius Donnelly." Having thus given Mr. Donnelly's own version of this matter, we propose to compare It with the facts: Feb. 28. 1807 (nearly two years after the close of the war), Mr. Stevens of Pennsylva nia moved to suspend the rules of the House, and take up the bill increasing the duties on imports as it came back amended from the Senate. The motion to suspend the rules was defeated by GO nays to 102 yeas (not the two thirds required to suspend the rules), but among the 102 yeas we find the name of Don nelly recorded. Is that also a mistake of the official organ ? Mr. Morrill, of Vermont, now asked leave to introduce a joint resolve "increasing tem porarily the duties on imports" said joint resolve providing ( without limit of time; for an increase of twenty per cent, (or one-fifth the former rate) on every article imported after ten days, except sugar, tea, coffee, salt, and coal. To which be afterward added rail road iron. Objections being made, he moved a suspen sion of the rules, which did not prevail: I'eas, 71; nays, 95 (not two-thirds.) Again VfQ find the name of Donnelly among the yeas in the Olobe (page 105'.).) Is that another error of the official organ 't Two days before, Mr. Morrill, of Vermont, had moved to close the debate on the general tariff bill aforesaid, in order to bring the House to a vote upon its passage (as the Con gress would expire within a week). This rvas a test quostion, and the friends and foes " f protection toed the mark accordingly: JTeau 70; nays 4'J Donnelly among the yeas. Js this all wrong in the Globe? (page 151)2.) All this, mind you, was long since the close ,)f the war; showing that his pretense that he Yoted for high duties only as a war measure is false an afterthought. His votes show what he meant then; his speech last fall Shows what he means now. We do not care to track this man farther. He has not seen fit to deny our former state ment that he recently held a debate on politi cal economy, wherein he took the side of - protection against a Democrat who advocated free trade. We found this statement in a Minnesota paper. Do they blunder out that way like the Globe ? " But Mr. Donnelly asks if a man may not . Lonestlv ohance his mind. Certainly he may and his rartv too. It is not tho fact that s Mr. Donnelly has changed, but that he re . sorts to subterfuges, dodtres, and misstate- xnents to conceal or misrepresent that change, that staniDS his course as "sinuous and Blimy." Let him say frankly, "I was a pro. . -i tectionist; I am now a free-trader. 1 was a Republican; I am henceforth a Demoorat, ' and we shall not trouble him. We object anly to his making a piratical use of the 1 yolors he has deserted. j IV. Rut there is "gloom and embarrass ment" iu the West, says Mr. Donnelly; hence , Vo is a free-trader. Indeed! The Northwest is suffering because of tho remoteness of her. markets. She is largely grain-growing Minuosota especially so; . and prain is now selling very low. We are buvina I heavily of hardware, steel, railroad iron, tex tile fabrics, wines, etc. etc., of the Old World; we want to pay for these partly in grain; but jMirope lias Had good narvests this year, ana wants little grain from us, and that little at low prices. Were we making at home the goods we thus buy from Europe, we should have an ample market for our grain at good prices; but they who make so much of our cloth don't want our bread; hence the West is embarrassed and distressed. General Jack son, under similar circumstances, forty five years ago, said that tho common-sense remedy for suoh a state of things as Mr. Donnelly complains of was to divert six hundred thousand of our people from agriculture to manufactures, and thus create a market for our agricultural sta ples greater than is afforded by all Europe. We believe that is the common-sense view of the matter that the West will yet realize it. We only ask an open field and fair play, and with these we shall carry the West, as we carried it in '24 under the lead of Jackson and in '28 under that of Clay. For every Donnelly that we lose, inquiry and disoussion will bring to us hundreds who will by honest, useful, productive labor, and have no sores to heal on their political heads. We rest con fidently on the sound instincts and true hearts of the people. GEORGIA RECONSTRUCTION. Prom the A. Y. Julian. Astonishing as the Georgia Reconstruction bill is by itself, it becomes more so when one reads the arguments by which it is defended. Georgia has been already admitted to the Union, under a solemn act of Congress, or, in other words, under a pledge of the nation, after having formally fulfilled all the condi tions exacted of her by the original recon struction acts. What the supporters of the present bill say in support of the theory that she is not in the Union, is, that her Senators had not been admitted to their places in the Senate, the majority of the Senate pronounc ing them disqualified something which might happen to New York to-morrow and this is gravely given now as a reason why the General Government may overturn the State Government, and put the people under mar tial law, and impose fresh conditions of re construction. The expulsion of the negro members of the Legislature was a great out rage, but the constitutionality of it was very sonsibly, on President Grant's recommenda tion, submitted to the court of the State. The Supreme Court has accordingly decided that it was unconstitutional, and it now re mains for the Legislature to abide by the judicial decision, which it is generally be lieved it will do when it meets in January. But the promoters of the present measure, apparently having a horror of the slow and regular processes of American jurisprudence, and being enamored of imperial ways of settling things, refuse to wait, ond have ac cordingly passed an act repudiating the legis lation of last winter, over which tho country toiled and sweated so much, breaking the pnb licfaith, andsettingashockingexampleof con tempt for law. The worst of it is that one of the excuses put for ip aid in defense of this high-handed violence is, that it is done for the protection of negroes and loyal men against the violence of their neighbors, as if the way to provide for their protection was to keep them before the eyes of their fellow citizens as the cause of the subversion of the State government; and as if the respect of juries and magistrates for the law of the land could be promoted by exhibitions of Con gressional disregard of it; and as if, in case the publio opinion of Georgia cannot, or ought not, be trusted to for the protection of Georgia citizens, we ought not at once to pro vide permanent gendarmerie and Federal magistrates, armed with summary processes, instead of cheating the negro and the loyal whites with airy nothings called a "provi sional government," or "martial law," things which have just enough substance to irritate, and not enough to afford the smallest protec tion either for life, or limb, or property. Mr. Bingham made a strong and able protest against the farce, but in vain. MISMANAGEMENT OF THE NAVY. From. the If. Y. Sun. Congress should at once appoint a select committee to examine into the reckless and foolish expenditure of money which has char acterized the administration of the Navy De partment since the accession of General Grant; and that the inquiries may be thorough, it is essential that an able lawyer should be chairman of the committee. Under the present administration the navy has been comparatively the most costly de partment of the Government, the result, as we shall show, of placing unlimited power in the hands of Vice-Admirol Porter, when a nominal Secretary had been provided, first in Mr. Borie, and aftor he had been driven ont of office by the force of publio ridicule then in Mr. Kobeson, who is, it possible, more completely under Porter's influence than ever Borie was. Borie did occasionally raise his voice in a feeble wny, though only to bo put down. Robeson, though he is said to have been a little resolute about the annual report, does not even whisper remonstrance on more enons subjects. As evidence of the reckless extravagance of the de jacto head of the navy, we may mention, first, the removal of the four-bladod screws from several steamers, and the substi tution of the French Mangin screw, which has proved aa utter failure. The Mosholu, renamed the Sovern, was detainod about four months in the Brooklyn Navy Yard to await her new screw, and after she hnd been docked three times it was discovered that the Mangin screw could not be made to work. The cost of this single job was undoubtedly over 100,000, and not less than half a million has thus been squandered on different ships, to their serious injury. The Mangin screws having beon removed, plain two-bladed screws are now put on in place of the original four-bladed screws. As the two-bladed screws. have the same diameters, lengths, and pitches as the four-bladed ones, their motive power, as every engineer knows, will be loss. But as it was considered necessary to change some thing, the sorews wore changed first from four-bladed ones that were the best in uso to Mangin screws that were comparatively worth lets, and then back again to two-bladed ones that are not half as good as the four-bladed if the vessel is intended for steam propulsion alone; though better perhaps if sails are to be used ordinarily, and steam as only an acces sory power. It will scarcely be believed that this whole subject had already been exhausted by the British Government, which made an exten sive and elaborate series of trials of the vari ous screws in use, including the Mancrin screw, with the gunboat Stork and the large steam frigate Shannon, the results in the British experiments being invariably in favor of the four blades. : After trying his "prentioo hand" on screws. Admiral Porter's next exploit was to order the conversion of the paddle-wheel steamers Huh quehanna and Powhatan into screw steamers Two worn-out, old nearly a quarter of wooden vessols, built a century ago, and now obsolete in model, are to be revamped, the Btill excellent paddle-wheol machinery taken out and broken up, and new screw machinery put in 1 The cost of those alterations when completed will not bo less than three-quarters of a million of dollars each. The new ma chinery alone will cost about half of that money. Meanwhile, several Hew vessels aro lying idle at the navy yards, for which the machinery about to be placed in the old paddle-wheel steamers was originally con structed. These new vessels are among the finest of their class ever built, and are dupli cates of the Guernere, Contoocook, and ris- cataqua, which have been thoroughly tested and found to possess every desirable quality of screw steamers of war. The Admiral next orders the old sharp screw steamer Niagara, built by Steers, to be razeed and iron-clad with four and a half inches of plating; the original machinery a to be taken out and broken up, and the ma chinery now in the Chattanooga to be taken from that vessol and placed in tho Niagara. The Niagara is of exceedingly sharp model and small capacity, and so rotten that several years ago a survey decided she was not 'worth repairs, fcne bad not the strength, when new, for an iron-clad vessel, and. of course, will be greatly weakened by razeeing. Tho old vessol, without armor, and with her light machinery, drew twonty-three feet of water, and the result of the alterations will be to give to us an old rotten wooden hulk, with such an enormous draught of water that she cannot leave or enter any port in the country, and so weak as to be in danger of falling asunder in a moderate seaway. And this wretched botch will be a laughing stock for the world at a cost of not less than S5i,ooo,ooo. The catalogue of blunders could be greatly extended, but the above examples will snlhce to open the eyes of civilians to the manner in whioh the funds of the Navv DeDartment are squandered. When the Board of Survey bill is passed, and Admiral Porter is thereby made a sort of First Lord of the Admiralty, he will undoubtedly use his power to alter, improve, and economize on a still greater scale, and the country will find to its sorrow that change does not always mean improvement. .Experi ence, science, technical knowledge, are as no thing in comparison with the vanity of a man who imagines he knows everything ex officio, and who gives orders to ruin public property as he would to set sail on a ship. Can the tax payers stand this? Will Congress permit it? Shall we have a First Lord of the Admiralty at such a priced THE TOSTAL TELEGRAPH ASTON ISHING THE AMERICAN EAGLE. From the S. Y. Herald. The words of Mr. Washburn, of Wisconsin, on the postal telegraph are apt and excellent. They have in them a downright common sense and a respect for facts that will not commend them to the class of hifalutin patriots; but they will furnish an excellent basis for the practical legislation that is aimed to secure the welfare of tho people, and not to make the fortunes of jobbers. Mr. Wash burn made those cogont statements: "I claim to have shown that the United States is the only enlightened nation on the globe that has not taken charge of the telegraph system, and nearly all have made it an appendage to the Post (Jilice; that in the United Kingdom of Great Britain and Ireland a despatch of twenty words can be sent at a uniform rate of one smiling to any part of the kingdom, a distance of over seven hun dred miles; from one extreme of France to another, about six hundred miles, for one franc, or twenty conts; all over Belgium and Switzerland for half a franc, or ten cents; Denmark, twelve and a half cents; Prussia, from twelve and a half to thirty-seven and a half cents; Sweden and Norway, any distance for thirty cents for a message ot twenty words, and one cent for each additional word that message may be made to contain; from Marseilles, in the south of France, to the north of Scotland, a distance of fourteen hundred miles, traversing two kingdoms and crossing the Straits of Dover by submarine cable, for fifty-five cents. Yet in the face of these faots the Chairman of the Committee on Post Offices and Post Roads has told this House and the country, in a solemn report, that telegraphing in this country is the cheapest and most reli able in the world, let he could not have failed to know that if he desired to send a despatch of twenty words to his home in Illi nois, and was not favored with a MJ. 11. pass, he would have to pay $3; for a similar mes sage to the home of the Missouri member of that committee $4 would be charged; the Michigan member, $2 "80; the New Jersey member, $125; the Massachusetts member, SI '25; the Indiana member, S2r0; the Ken tucky member, f 2 '50; the Nevada member, ipii '28, and the Oregon member, $luT0, or $5 "70 more than it would cost to send a mes sage of ten words from Washington to Con stantinople by the Atlantic Cable and Conti nental lines. Now, the worst of all this is that it is true. We are behind tho ago in the use of this great agency of modern civilization, at the very moment that we are pluming ourselves on our progressive spirit and on the way in which we are leading the nations, as we suppose. We have hurrahed so much and se long over the political advantages of our American system that we have well-nigh deafened ourselves to all monition and intimation that there may be something else important us well as a man s inalienable right to vote for his alderman. Ibis is a common consequence of preocoupa tion of the too great concentration of atten tion upon a point that, after all, may not be the vital poiut with regard to the happiness of the people. The result is that while here man is politically free he is socially the slave of every monopoly; and in such "downtrodden countries as J' ranee, though individuals are politically of small account, they have a social freedom and importance of which our people do not dream. The use of the telegraph is one illustration of it. Telegraphs there are operated with a view to public convenience here only with a view to extorting the largest amount of money for the smallest possible service. But it is tho same in the whole circle of the arts of life we are behind, and far behind, the nations over which we some times assume an impertinent superiority be cause of our political institutions, whioh would be excellent if they were not rottenly corrupt In their railroads, despite our flurry of magni ficence in Bleeping cars; in their hotels, in their markets, in the general administration of justice, in the government of our cities, the people of Western Europe have every thing to teach us, and little but chicanery and greedy extortion to learn from our ex ample. We hope the facts that Mr. Washburn has so clearly set forth may awaken the attention of the country to this most important subject of bringing our telegraphic system up to the spirit of the age; tho more espeoi ally that just now the great monopoly, whose hold on thq telegraph must be loosened, is manoeuvring in the purlieus of Congress for a continuance aud extension of its power. Iadoei, graat care is necessary to prevent the legislation now in progress touching Atlantic cables from resulting in that way. Mr. Sumner's bill, though satisfactory in its goners! spirit, in open to tho charge of being aimed especially at the case of the French cnblo, and whon it becomes a law it may be found some day that while it binds very closely tho French com pany, yet that it is carefully worded with rela tion to correlative legislation ,to except from its position the other cobles. If Congre sional action thus discriminates against the French cable, it is because the French com pany has not yet surrendered to the Western L nion Company, lhe only legislation in re gard to the telegraph that is safo is such as apparently Mr. Washburn is ready to propose, involving the proposition that the General Government shall assume the control of the telegraph under the postal power, and con struct now -lines. ARE THE ALABAMA CLAIMS LIKELY TO BE SETTLED ? from the JV. Y. Times. we cannot arrive at any reasonable an swer to this question without properly com prehending the tone of publio opinion in England. Our own position is clear enough. We know perfectly woll what kind of settle ment would content us as a people. But as there is another party to the dispute, it is necessary to nnd out in what temper the subject is approached on that side. And we cannot conceal from ourselves the fact that at mis moment me English people are as little disposed as ever they were to make that tuu reparation wnich alone can wipe out the recollection of the wrong done to us during me rebellion. We do not attach too much importance to tho views set forth by the English press. But at the same time we cannot deny that if all the publio journals in the country unite in one expression of opinion, there is a fair pre sumption that they laithfully reflect the sen timent of the people. If we tried to put this sentiment into a few words, we should say that it amounted to this: "We English have offered to pay all the money claims on . ac count of tho Alabama, but the apology which is demanded from us we cannot give. When it is answered, lhen you must take the con sequences," the rejoinder comes back, ."We must make the best of a very bad matter, and stand ready to fight if need be." Of course all this is shortsighted and foolish. But nations have fits of sullenness and ill-temper like individuals, and England appears to be in one of them. She probably thinks that w hile it would be a very simple matter to pay the amount demanded by the owners of the vessels burned by the Alabama, it is not so easy to bear the reproaches which the Secre taries of State cast upon her from time to time. This, at least, is the tone of all the latest English papers. The Pall Moll Gazette de clares that "everything that can be said" on the subject "has been said on both sides. and a great many times over." Consequently it will think Secretary Fish's long despatch worse than superfluous. The tinectator con siders England's concession of belligerent rights to the South an act of friendship toward the JNortn because it prevented huu- dreds of privateers being fitted out for South ern use. The Saturday lieview snarls at tho President's message, and says that tho 'reports which attributed to the President unfriendly feelings to England appear to have been pertectly correct. We might quote trom every journal, and the general tone would be found exactly the same. - uniess, men, me ingnsn Government is more . plaslio than the English - people, it is still doubtful when this long-standing dispute will be disposed of. ijord Clarendon declined to follow Secretary Fish into the details of the controversy. Practically he says with the newspapers, "There has been enough talk on both sides." The English nature is not defi cient in obstinacy, and that quality is more perceptible than any other at this particular moment. Secretary Fish's despatch will not tend to soften this feeling. If we have come to a deadlook on the subject, we, at least, can anord to stand by and await the issue. England is not quite so safe in taking that course. WINES AND LIQUORS. H E R MAJEST CHAMPAGNE. 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Importers of BRANDIES, WINES, GIN, OLIVE OIL, ETC., AND COMMISSION MERCHANTS For the sale of PURE OLD RYE, WHEAT, AND BOURBON WIIIS- K1K8. p AKSTAIRS' OLIVE OIL-AN INVOICE of the above tor auui by r OARSTAIRS A McOALL. 6282p Nos. 126 WALNUT and 31 GHANITKMtg. A Sharpen, the Appetite. : -1 , Makoe the Weak Robust. ', e Adda to the term of Life. X Is Unadulterated. X la superior for Mince Meat. V 1. JM- ' 1 e Make Best Whisky Punoh. e Cure Dyspepsia. ( V Me X e la the Beat In the World. 12 3 lm C O R N EXCHANGE BAG MANUFACTORY, N. E. comer of MARKET aud WATER Streets, Philadnlpliia. PEALKRIN I1AUH AND BAGGING fif asarf rirMUj-iitt inn. f t Grain. Floor, bait. ttaper-I'tiuapUaU of Lime. Boa 1 Mint. Kto. Large sad small GUN N V BAGS ennaUntlr on hand. noiTON SAIL DUCK AND CANVA J r,i all MHihara and branda. Tent. Awnlmr. Trail aud VVwcn oovor Iluck. Alao, Paper Manufacturer' Drier lelte, from thirty to aeveat-aiz Inches wide. Paulina. UWUus. Ball Tv,in .t-. . , Vo. linnilllHOH Hnt(()tTtitare.l ITMPIRE SLATE MANTEL WORKS. J. 12J KlNfcJ . No. gUttOUKoNUT b treat LUwtnl FINANOIAL.. COUPONS Union Pacific Railroad Co., Central Pacific Railroad Co., U. S. 5-203 and 1881s, DUE JANUARY 1, 1870, BOUGHT. GOLD 15 OUGHT. DE HA YEN & BRO., DEALS KS IN GOVERNMENT GOLD, ETC., SECURITIES, No. 40 South THIRD Street, 11 PHILADELPHIA. FIRST MORTGAGE SEVEN PEE CENT. GOLD BONDS OF TUB rredcricksburg" and Oordonsville Railroad Co., of Virginia. Principal and Interest Payable in Geld. Those Boada are leonred n a rtnt and Oalr Mortrue on the entire real estate.road. Dnraoaal nronertv. femauLiiui. I and roll,., stock of the Cobu... ..iv.n ta lheliarm.r. lxan ana i rust jonianT, o( IHnw xork, Trnxtone. The road ia tfl miles in length, oonnnctin KredeHrka. burfr with Charlottesville by way of Orange Oonrt House, fiessina- throiwh a aectioa of the Hhenandoah Tallnr, tfae ocal tratho of which alone will support the road, wsiile, aa Sart of the great through lines to the Hnathweet ana West. ie safety and security of the Company's Boada are plaoed oeyoaa rjueauon ana anunt. We offer a limited amount of these Bonds at Kuans' interest from November 1 in currency. Pamphlet, ma pa. and Information famished on applica tion to TAriNTJR A. CO., No. 49 WALL STREET, NEW YORK. SAXVXUT1X. WORK, No. 25 8. THIRD 8T PHILADELPHIA. 13 4 tf J A I I I 31 J 1IO 17 M li I OP JAY COOKE & CO., Nos. 11S nnd 111 M. TKIIICO NtM PHILADELPHIA. Dealers In Government Securities Old 5-208 Wanted In Exchange for'Now. A Liberal Difference allowed. , Compound Interest Notes Wanted. Interest Allowed on Deposits. COLLECTIONS MADE. STOCKS bought and sold on commission. Special business accommodations reserved for ladles. We will receive applications for Policies of Life Insurance In the National Life Insaranoe Company of the United States. Full Information given at our office, 10 1 8m I. JAIIIIMON fc CO., SUCCESSORS TO 1. F. HGLLY Sc CO., BANKERS AND DEALEKS IN Gold, Silver, anil Government Bonds, AT CLOSEST MARKET RATES, N. W. Cor. THIRD and CHESNUT Sts. Special attention given to COMMISSION ORDERS In New York and Philadelphia Stock Boards, eto etc, e 8 ti2 81 n n n x i; i, & co.. No. 34 SOUTH THIRD STREET, Amorioan and ITovelgfu BANKERS, ISSUE DRAFTS AND CIRCULAR LETTERS OF Credit available on presentation In any part af Europe. Travellers can make all their financial arrange. ments through as, and we will collect their Interest and dividends without charge. DRSXEL, WUiTOKOP Co.,'Dbeiil, Harjks A CO., New York. I Parts. IS1 REMOVAL. SMITH, RANDOLPH A CO., BANKERS, HAVE REMOVED TO No. 121 SOUTH THIRD STREET, CORNER CARTER'S ALLEY, 18 tf Opposite Girard Bank. JOHN 8. RU8HTON & CO., No. 60 SOUTH THIRD STREET. JANUARY COUPONS WANTED. CITY WARRANTS 10 6 8m BOUGHT ASID SOLD. pm 8. PETERSON & CO.. Stock and Exchange Broker, NO. 39 SOUTH THIRD STREET, Members of the New York and Philadelphia and Gold Boards. STOCKS, BONDS, Kto., boagbt and Bold on ooflf mission only at either city 1 W filTY WARRANTS BOUGHT AND SOLD, C. T. YERKES, Jr., & CO. NO. 20 SOUTH THIRD STREET, PUTT. A D UTiPglA FINANOIAL.. RANKING HOUSE OP JAY C00KE & CO., 112 AND 114 SOUTH TIIIHI STREET. In viovr of tti lftnro tmotirit of JANUARY IN TERESTS and DIVIDENDS noon to lm dlHimrsea ana rc'k new u v kntm knt, we desire to call ttis attention of our customers to the Fiist Mortgage 7 Per Cent. Bonds OF TH1 LAKE SUPERIOR AND MISSISSIPPI RAILROAD COMPANY, One of the few securities we foci safo In recora memllnff as pood. The importance of the route connecting the head of the MLssigRippl River navigation with tne hand of I .ke Superior, and receiving the trade of the Ave railroads centring at St. Paul, will insuro to this road a large and profitable trade. The I -and Uraat 1,M1,X)0 acres Is In Itself an amply Bufllcient basin for the mortgage ($4,ftoo,ooo), and all proouedsof land sales axe applied directly to cancellation of the DODOn. The nartlf n In Interest embrace some of the fimt railroad and finaaclal men r the country, and Mr. Moorhead, of our firm, Is one of the Trustees of the mortgage. Tho construction of the road is progressing rapidly, and the whole line will be completed in time for the moving ui ins crops oi I3iU. We recommend these bonds aa paying a much larger interest than Government Securities, without the rink of a high premium. We bave for sale tHi.ooo at the original subscription prloe, 95 an accrued Interest la currency (denominations fnoa ami $1000 coupon). Porchasws this month have the advantage of the gold coupon, payable at our office on January 1 the prominm upon which la equal ta nearly per cent., muklng the price lower thaa many oonus oi mucn teas merit now orrcrea to the publio. We receive In payment Governments and other securities at their market value, and January co- puiia i uic uurreut gum price oi me aay. , lot JAI WUK.H CO. A RELIABLE HOME INVESTMENT. TTTT1 T7TT5 O wrAVrmnTi T)nwns JJOA JUVAlUaUXI JUUA9 OP TO! Wilmington and Reading Railroad, BEARING INTEREST At SEVEN PEE CENT. In Currency, I'AYABLi APRIL AND OCTOBER, FREE OF 8TATS AND UNITED STATES TAXES. This road runs thro turn a thickiv nonniatmi ami rich agricultural and manufacturing dlstrlot. For tne present, we are offering a limited amount of the aoove Bonds at 85 CENTS AND INTEREST. Tne connection of this road with the Pennsylvania and Reading Railroads Insures it a large and remu nerative trada. We recommend the bonds as the cheapest flrst-class Investment In the market. WBX. PAXXtfTXiXl 2C CO., BANKERS AND DEALERS IN GOVERNMENTS, No. 36 SOUTn THIRD STREET, 4 Ml II PHILADELPHIA. ELLIOTT & DUNN, BANKERS, NO. 109 SOUTH THIRD STREET, FOTi. ADELPHIA, DRAW BILLS OF EXCHANGE ON THE UNION BANK OF LONDON. DEALERS IN ALL GOVERNMENT SECURITIES, UULD, BILLS, EtO. Receive MONET ON DEPOSIT, allowing interest. Execute orders for Stocks in PhiiadainhiA. Naav York, Boston, and Baltimore. 4 ttf Q aLEIXULXIV 1I' , 1AV1S Oc CO., No. 43 SOUTH THIRD STREET, PHILADELPHIA. GLENDINNING, DAVIS & AMORY, No. 2 NASSAU STREET, NEW YORK. BANKERS AND BROKERS. Buying and selling Stocks, Bonds, and .Gold an Commission a Specialty. Philadelphia house connected by telegraphic with the Stock Boards aud Gold Room of New York. Is it FURNITURE. RICHMOND & CO., FIRST-CLASS FURNITURE WAR ERO QMS, No. 45 SOUTH SECOND STREET, EAST BIDK. ABOVE OURS NUT, lUtf PUILADKLPUIA. FURNITURE. T. & J. A. HENKELS, AT TOKia NEW STORE, 1002 ARCH STREET. Are now telling their KLKGANT f URMITURS l Tery reduced prloea. W "n IX UN ITU K wn.rttmvina. No. 809 MARKET STREET. PARLOR, DINING ROOM, and OUAMBER fUR- NITURE, th. Lateet Htylea and beet Manufacture. Alee, FEATHER BEDSand M ATTRK8HEH. lu FLAVORING EXTRACTS. vkiirjti:uui:ir FLAVORING EXTRACTS Are warranted equal to anj aud a. VANIU'Ai. ORANGE, fiNK APPLE, JJlTlilk ALMOSDS. U1NNAMON. Prepared at A. lVUtWrfter'a Drug More, No. fc North KKOOND Street -Depot lor BAKU) Wh IND1UO BLUa, he heat artlol maUtt fur llluoui- tlutuoa. 11 uieiiJUV