The evening telegraph. (Philadelphia [Pa.]) 1864-1918, April 18, 1870, FIFTH EDITION, Page 2, Image 2

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    THE DAILY EVENING TELEGRAPH PHILADELPHIA ; MONDAY", APRIL 18, 1870.
( 2
sfiuzt or run muss.
Editorial Opinions of the Leading Journals
upon Current Topic Compiled Every
Day for the Evening Telegraph.
F ARTISAN CALUMNY.
From the Chimin Pant.
The late General Thomas, in replying to a
suggestion of his nomination to the Presi
dency for 1872, thus spoke to his intimate
friend and old comrade, General Negley:
"The profession of arms is most oongenial to
me. 1 do not wish to Jbe connected with
politics as now conducted. No matter how
irreproachable the conduct of a man, or how
distinguished his servioes, he oannot hope to
sonpe calumniation at the hands of parti
suns." The evil of which General Thomas
here spoke is surely so nearly universal in
this country as to amount to a national
fault. Vituperation is a vice of our politics,
both journalistic and official, to a greater de
gree than, it is believed, prevails anywhere
else outside of the crazy llochefort circle in
Taris, and filibuster and army circles in the
island of Cuba.
It is one of the many ill results of slavery.
The Quaker, whose team baulked in a mud
hole and then upset his wagon, pitching him
tinder the load of manure, with just enough
of him outside for the free use of tongue and
smelling powers, and who wanted to swear
fearfully, was in much the predioament of
honest men in this nation during the era of
the reign of slavery and slavocrats. Here
was an institution accurately described as the
sum of all villainies, which, by hook and
crook, had got to be the chief concern of all
politicians. In its defense every branch of
government was arrayed and in full foroo.
Not only so, but the press and pulpit
generally defended it. Those who preachod,
or wrote, or argued against it, were con
stantly denounced in the most opprobrious
language. When the truth began to pene
trate the public mind, retaliation was not un
natural, and one of the saddest, if not one of
the worst, works of slavery on this continent
is that, in respect to the discussion of politics,
we are a nation of blackguards.
The evil is not confined to one party,
though truth compels us to say that in great
and versatile accomplishments herein Demo
cratic journals and speakers, upon the whole,
surpass those of the Republican party. We
have to acknowledge the superior capacity of
the Democracy in this respect, but without
intending thereby to admit that the Republi
cans have shown any stupidity in acquiring
tne art.
There is, perhaps, no evil now having full
sway in the country, which accomplishes
more harm than this of which we speak. If
it deterred General Thomas, as brave a man
as ever lived, from all thought of political
life, we may safely conclude that it deters
hundreds of true, able, and patriotio men,
who might do the State some service, from
all ambition in that line. We may safely
conclude tnat but for tms many or tne worst,
and but precious few of the best, men of the
country would be in office; that men of nota
ble talents, of culture and refinement,
nearly all avoid practical politics as they
would a pest bouse, and are found engaged
in commerce, tne learned professions, bank
ing, architecture, farming, journalism, etc.
National habits, no more than national
institutions, can be put off like a garment.
Bo long, however, as the simple fact of can
didature manes a target of tne best man in
the country, at which the publio shoots off all
sorts of guns, loaded with all sorts of foul
missiles, the publio may expect to be ill
served, or at best to have for nublio servants.
in many instances, men of little merit and no
modesty. There is a oourage of the highest
and most admirable order, which dares oblo
quy and repels calumny no less steadily an I
grandly than Thomas drove back the Rebels
from Chickamauga. We have some such men
in the publio service now. Bat not so man
as there ought to be. Whilst the evil of uni
versal calumny exists, it is demanding too
much of men of talents and refinement that
they shall submit to be assailed in the style
of Chinese warfare on being candidates for
office. While other honorable andmtluon
tial vocations are open, they will prefer them,
and nave a ngnt to.
The remedy, we need hardly say, is with
tne people, and particularly with the intelli
gent and thinking classes. These are, after
all, the "floating voters." They do not exert
their influence, they do not assert their
power in practical politics. It is the hardest
thing in the world to get thousands of them
even to vote, except at a Presidential election
And then they complain, and with truthful
ness. about "the dirty pool of politios." It
is their business and their duty to cleanse it
to take the political machinery of the land
from the corner groceries and Bet it up in
better places. The reformation of politics is
in the hands of the decent people of the
country, but that reformation never will oome
so long as they fail to take active part in
affairs which so much concern them.
DIED TOO SOON.
From the Missouri Republican.
The institution which has attained unen
viable notoriety under the name of "the
American Anti-Slavery Society" held its final
meeting on Saturday week, and resolved that
having, like good old Simeon, "seen the
glory of the Lord," it was now safe and
proper to depart in peace and be gathered to
its fathers. Various male and female apos
tles, black and white, spoke on the subject
profusely, and all united in the same opinion
save one. Mr. Stephen Foster, the husband
of a strong-minded sister, well known in the
ranks of the faithful, stood alone in the
minority, and declared that the American
Anti-Slavery Society, instead of having
finished its labors, had only fairly entered
upon them, and ought by no meon3 to die,
but rather to gird up its loins anew, and
fight valiantly under the old banners for
many years henceforward. Foster was
promptly opposed by several members, and
the coup de grace being administered in a
speech by Mrs. Foster, he subsided; the
motion was oarried, and the society adjourned
tine die.
Now, if we conld only hope that the endless
stream of fanatical nonsense and humbug
philanthropy, which has deluged the country
for almost half a century, had, like the rivers
in the desert, run itself into the ground and
disappeared permanently, there would be
ample cause for hearty congratulation; but it
is impossible to lay this flattering unction to
our souls. This regiment of the abolition
army has indeed disbanded, but both officers
and privates announce their intention to con
tinue the holy war on the guerrilla system;
and, wherever and whenever a head is raised
against Africa, to hit it. The last resolution
gives this cheerful assuranoe:
"We welcome our wronged equal to our aides.
We promise bun henceforth to mane every effort to
secure to lilin a safe exercise of alt bis lights, and
tbe present opportunity for social enjoyment, re
laxing not one whit of our watch and aid uutU no
vestlire Is left in social, civil, or religious life of that
bateful prejudice which has poisoned and still so
lrz& J 5i"(Faceil W WlfttUfSB.':
The American Anti-Slavery Society, it
seems, has a vast and untrodden field ot ell or t
yet before it, and might just as well have
held together and conducted the campaign on
soientilio and parliamentary principles, in
stead of scattering into squads of three or
four, and thus losing the manifest advan
tages of organization and disoiphne. What
guarantee is there, for instonoe, that Frede
rick Douglass And Mary Grew will have the
same views of the proper elements to con
stitute "the social enjoyment" of the negro
as C. D. Drake and Mm. Tappan ? And why
may not Chnrles Sumner and Lucretia Mott
diner widely from both of those couples in
regard to this vital matter ? Douglass and
MiHS Grew might insist upon amalgamation
as constituting the Greatest amount of "social
enjoyment" in the smallest compass, while
Mr. Drake and his partner and Mr. Sumner
and his partner might prefer the enjoyment
of our colored brother to be found in some
other shape. Confusion of counsels must in-
evitnbly occur, and througu tnem tne negro
may fail utterly to enjoy himself, and thus
sutler a grievous wrong. That enjoyment,
however, is pledged him in the resolution
aforesaid, nnd we may therefore expect a
continuunce of the agitation so auspiciously
begun.
1 he necro. as a general ining, is not yet
invited to join in the social entertainments of
the whites; our ladies still evince a decided
preference for gentlemen of their own oolor
as escorts ana visitors; uress circles at tnea
tres, reserved seats at concerts, the head of
the table at banquets, tne best pews in
churches, are yet denied to him, and, so long
as this spirit of caste exists, it is apparent
that, although safely ferried over Jordan, he
is still far from the milk nnd honey of the
promised land. Such distinctions as these
cannot, of course, be tolerated for a single
instant by the triumphant reformers of the
disbanded Anti-Slavery Society; they must be
purged away, obliterated entirely, and the
prevailing popular sentiment led to considor a
man or woman m the same light as a boot
the blacker the better. How this is to be
accomplished, with the present construction
of bmuon nature, we do not exactly see, but
perbnps a few more amendments to the Con
stitution might do the business, and fix the
social status and enjoyment of the African
race upon a satistactory and immovable
foundation. Meanwhile we trust the brethren
and sisters of the defunct society will
"thank God, take courage, cry aloud and
spare not. "
THE AFRICAN IN IIIS NEW CAREER.
From the N. Y. World.
The National Anti-Slavery Standard do
votes all its space last week to the recent
jubilation of the American Anti-Slavery So
ciety over the ratification of the fifteenth
amendment. It was the last meeting ever to
be held by that society, whioh has ended ia a
sort of triumphant dissolution.
Whether the event celobrated with such a
blaze of oratorical bonfires justifies all this
exultation is a question to be decided by
those who are to oome after us. They will
gather tne ripened iruit of tne tree planted
in a tornado and watered with blood. Whether
this stupendous change is a reform must be
determined by the sure test of experience.
It ought to be a great reform indeed to justify
its hideous cost. Its advantages are yet
doubtful; but the evils by which it has been
purchased are, alas, too real. A million of
the bravest of our countrymen have paid their
lives or their limbs to purchase this negro
jubilee. They have not been benefited. They
were generous young men, cut down in the
flower of their age. II ad they lived, and had
each become the father of four children, their
offspring would have been equal in number
to the negro population freed and enfran
chised. The exchange of. four millions of
such citizens, for four millions of voting
freedmen presents an account whiok has a
debit as well as a credit Bide, even if the
negroes should prove to be worthy members
of the body politic.
The brave men who fell in battle or died of
military exposure left agonized relatives at
least equal in number to the whole negro
population. The jubilant Anti-Slavery So
ciety prudently forbore ta go into the arith
metic of bereavement and deprivation. The
exultant orators did not compute whether the
pain of these sufferers is overbalanced by the
boon conferred on the negroes. The grief
and destitution, the blasted hopes and ago
nized affections, of four millions of white
mourners make a sum total of misery more
than equal to the happiness which has ac
crued to the four millions of negroes by the
change in their condition. So far as this
generation is concerned, the balance is against
tne experiment,
And there is still another exhibit on the
debit side of the account. The change has
cost in money more than it has oost in blood
and sorrow. It has piled up a mountain of
debt. It has destroyed our shipping, de
ranged our currency, wrenched our political
institutions, Jcrippled our industry ky ruinous
taxation, filled the hearts of our people with
fierce animosities and fiendish hate, increased
the hours and diminished the rewards of
labor. These surely are not blessings; and
they cannot be left out of any fair estimate of
the results of the negro agitation. Whatever
may be the value of emancipation and negro
suffrage, the ecstasies of exultation need to
be tempeied by a sense of what the experi
ment has coBt. It ought to bring a harvest
of beneficent consequences in future cenera
tions, to justify the losses and Buffering it has
inflicted on the present.
All has now been done for the negroes
which can be done for them by legislation,
and they must hereafter depend upon them
selves. They will be the architects of their
own fortune, or of their own ruin. Constitu
tions end laws oan do nothing for human
beings but to remove obstructions to the free
exertion of their faculties. The negroes will
find their proper level. Their color will re
main black in spite of emancipation and the
fifteenth amendment. If their mental endow
ments are naturally inferior, no law declaring
them equal can make the declaration good,
anv more than it can chanse their oolor,
Those who resisted their enfranchisement did
not wish to exclude them for mere color, but
because they supposed there was as inefface
able a distinction in the characters of
the two races as in their complexions. It
is for the negroes to prove that this opinion
is a prejudice. If they shall display equal
energy and capacity with the white race,
their color will be no impediment to the
recognition of their equality. But if they are
to rise in the esteem of the white raoe they
must rise by their own efforts. The field is
open; they have every opportunity. A bird
and a frog may do equally tied down oj a
string; when tbe string is cut the bird mounts
carolling into the air, but the frog can only
bop and croak. When the negroes shall rival
the whites as skilful, inventive meohanios;
when pictures and statues by negro artists
shall bear comparison with the best products
of white genius; when poems, novels, and
works of science by negro authors shall be
read and praised bv neonle of culture: when
negroes, spall become the heads of great mer-
cantile houses; when negro wit, sense, man
ners, refinement, and social gifts shall cap
tivate elegant ciroles, their black skins
and woolly hair will not be regarded as a
badge of inferiority. That they are black we
know; but we do not know that they can
become superior mechanics, artists, poets,
Ravens, conversationists, merchants, jurists,
or statesmen. Tbey have now a oarcer open
to talents; and if the difference between
them and the whites is only a difference of
skin and hair, thoy will in time make it mani
fest. But we cannot accept their equality on
trust, without any proofs. Against their
color, merely as color, there will be no preju
dice when they shall have demonstrated that
it is not an accompaniment of mental and
moral inferiority. Ifabarn-door fowl claims
equality with the, lark or the eagle, he must
not stand disputing on his plumage, but show
that it covers equal strength of wing by rising
to their elevation in the air.
The negroes of this country take their new
Ftart under very favorable circumstances.
They are not compelled to maintain a struggle
for existence in a dense and overcrowded
population. The demand for labor insures
them employment, whereas if the experiment
were tried in an old country whoso labor
market is glutted, it would go hard with them
unless they were really equal to their white
competitors There is abundant room and
employment for them and their offspring, so
that they will have an open field for all the
energies they possess. If they fail, it will not
be because they are crowded and crushed in a
Eress of laborers. The length of time they
ave been in slavery is also an advantage to
them. It is beyond question that slavery ha?
been a civilizing process. The negroes of the
Uniied States are altogether superior
to their kindred in the wilds of
Africa a superiority produced by inuring
them to the,, habits of regular labor,
which is the first lesson of civilization;
by contact with a superior race; and by their
conversion to Christianity. They are better
qualified for their new condition than were
tbe freedmen of the British West India
Islands, because they have continued one
generation longer in a condition of tutelage;
till that is gained being kept and continued
by hereditary transmission in accordance with
a well-established physiological law. For
this reason, the failure of the experiment in
the British West Indies does not necessarily
foreshadow its failure here. The enslave
ment of savages is a civilizing influence up
to a certain point; and the superior industry
of our liberated negroes ovor those of
Jamaica would seem to indicate that British
emancipation was premature. If our negroes
shall persevere in habits of voluntary indus
try, that fact will have to be accepted as
proving that slavery had done for them all
that it can do for any savage race, and that
the time had fully come for their release from
its leading-strings. But if they relapse into
idle and vagabond habits, they have been
emancipated too soon or the race is incapable
of sell-subsistent civilization.
ACROSS THE CONTINENT.
From the N. T. Tribune,
Twenty years ago, the suggestion of a
transcontinental railway, connecting our At
lantic with our Pacific border by a direct
overland route, was regarded by most people
as a stupendous absurdity. Whoever chooses
to run over a hie of the New iork Herald
will find therein editorials in which a railroad
hence to the Pacific is classed with one across
the Atlantic to Europe or through the sky to
the moon. Such was the opinion of men
who prided themselves on being practical,
and regarded all who dissented as dreamers
and visionaries.
A Pacific Railroad over the central route has
now been more than a year in full operation,
As the two ends had been pushed across the
Rocky Mountains and the Sierra Nevada re
spectively at loast eighteen months ago, we
may say that so far, at least, as obstruction
from snow and ice is concerned it has stood
the test of two years' actual working. For
more than two years passenger trains have
started daily from Omaha and from Sacra
mento respectively, and have crossed the great
mountain chains which on either hand inclose
the Great Basin with facility and with regu
lority. We doubt that there has been, on
any part of the long route, a greater deten
tion than has repeatedly occurred on the
Central and Erie lines respectively through
this State, or on that which connects Albany
with Boston. Undoubtedly snows will be en
countered, in the course of a lifetime, which
will test more severely the resources of
modern engineering; but then the provisions
for resisting and overcoming these embarrass
ments will be annually extended and per
fected. Doubtless the work itself will gra
dually be straightened and otherwise im
proved as experience shall diotate, and the
average speed of passenger trains will be con
siderably accelerated; but were nothing to be
done but to maintain the present capacity of
the road and its equipment, we may safely
place the average time required to reach San
lrancisco from Boston, New YorU, Philadel
phia, Baltimore, or Washington, inside of
eight days; while Pittsburg, Cincinnati,
Chicago, and St. Louis are each considerably
nearer to the Golden Gate. Practically we
may say that half the people of the Atlautio
Mates are within a weeks journey of the
Pacific
And this road has been pushed across by
far the most difficult and costly ot the three
projected highways to the sunset land. Its
extreme and its average elevation are both
far greater than those of the Northern or the
Southern route; far more snow falls and lies
on this than on the Northern route, and many
times tbe quantity that falls on tne southern;
and it is within bounds to say that either of
these can be built for two-thirds the cost of
this, while the Northern will not be obstructed
by snow one day where this will at least
three, nor the Southern one day where this
will be not less than ten. The entire problem
of overland travel and trade by rail may thus
be regarded as conclusively solved.
True, it may be urged that the pecuniary
phase of the question i3 still in doubt; but
that would be a mistake. Twenty years will
see the present road overcrowded, though its
two rivals be meantime constructed over
crowded, even though its reasonable expecta
tions of an immense freighting business in
the products of the farthest East should be
entirely blasted. Colorado, Wyoming, Mon
tana, Idaho, Utah, Nevada, are to-day in the
main wild wastes and deserts: the year 1890
will return their civilized population at not
less than ten millions of intelligent, ener
getic, industrious freemen. Ihe sugar, tea,
coffee, wares, implements, etc. etc, which
tbey must draw from the seaboard States
would support a railroad; while millions of
tons of mineral which will now pay neither
for smelting on the ground nor for transporta
tion to the states, will soon be whirled away
to the seaboard smelting works, and even to
Europe, ine abundant salmon, the peaches.
grapes, and other delicate fruits of California,
will yet fill train after train consigned to the
Helenas and Virginia Cities of the elevated
mining regions, where such fruits cannot be
frowB. A Jt, Hbir.uien.ta from, either CW3t
have mainly been experimental, tentative,
speculative, and of course moderate in quan
tity; while the population of our Alpine ter
ritories ia but a handful oompared with what
it soon must be. Whoever lives to see 1830
may see hourly trains laden wholly with
peaches, pears, grapes, and figs, leaving Sac
ramento consigned to a hundred different
cities eastward, and among them to Dubuque,
St. rani, Chicago, Detroit,Clevelaad, Buf
falo, Albany, and New York. Let those who
still doubt watch the developments of the two
next years only, and they will be abundantly
satisfied.
THE RAILROADS OF THE UNITED
STATES AND THEIR MANAGEMENT.
From the A'. T. Herald.
Last year a bill authorizing a classification
of the directors of the Erie Railroad where
by the management of the road and the oon
trol of the company were practically plaoed
for an indefinite time in the hamlf of Messrs.
Gould and Fink, the president and the comp
troller of the road was passed by a Republi
can Legislature at Albany and signed by our
present Democratio Governor. Before our
present Democratio Legislature Mr. Charles
Burt, a British barrister, representing a num
ber of English stockholders, has appeared,
asking in behalf of said stockholders a repeal
of said classification law, in order that the
stockholders generally may choose a new
board of directors, Mr. Burt charging that
under the management of Gould and Fisk
the interests of the stockholders have suffered
and are suffering, and that there is no pros
pect of relief under said management.
Uould and iisk, thus put upon tneir de
fense, claim that the road nnder their admin
istration has been well managed; that they
found it in a bad condition every way, and
have put it in a good condition; that they
hnve extended its connections and feeders,
reduced its expenses, and increased its re
ceipts; that if there have been no dividends
it is because of the costs of their repairs and
improvements; that in regard to this classi
fication lawjthe same system exists in Eng
land, and that before it was applied to tho
Erie road it was in force in Pennsylvania,
Ohio, Illinois, and elsewhere, and applies
as well to the New York Central, Hudson
River, and Harlem lines, and that this classifi
cation system is good in securing experienced
men in the direction of the affairs of every
road concerned.
In general terms such are the two sides of
this controversy. Without taking oither side
we undortake to say that the relief Bought by
Mr. Burt for the English stockholders he re
presents will not be found in the repeal of
the bill in question, nor in tne ssevr lorn
Legislature, now or hereafter, nor in our
State courts. The trouble lies deeper, too
deep to be remedied by State Legislatures or
State courts. Nor are the evils complained
of confined to the Erie road. They exist
more or less in all the great railroad lines of
the United States, and are beginning to be
felt in the small ones. The great and over
shadowing evil of all is the watering of the
stock. The stock of a railway company, for
instance, is twenty-five millions of dollars.
But they are hard up, and though a new issue
of stock or watering of twenty-five millions
may reduce the shares from seventy to thirty
per cent, or less, the new issue Btiil gives to
the management the control of millions,
whereby State Legislatures and State courts
become the willing servants of the controlling
heads or head of the railway concerned.
Against this formidable evil of stock water
ing the stockholder, as these matters now
stand in New York, Pennsylvania, Illinois, and
other States, has no redress; but beyond the
stockholders lie the greater interests of the
masses of the people. And here we find in
our great railway companies growing mono
polies, which threaten in time the absolute
political control of every otate concerned un
less they are put under the cheoks and balances
of some general law of the United States. The
Western union aeiegrapn uompany is De-
coming from its stock watering and other pro-
censes a dangerous monopoly in view ot tne
general interests of the people. Hence we
advocate the merging of the whole telegraph
system of the United States in the Post Office
Department and as properly belonging to that
department of the General Government, In
the same view of the paramount interests of
tbe people we hold that there will be no end
to these railway corruptions and the grasping
ambition of these great railway companies
and combinations exoept in a general law of
Congress regulating all the railroad business
of the country.
Among the powers conferred upon Con
gress are the power "to regulate commerce
with foreign nations and among the several
States, and with the Indian tribes," the power
to "establish post offices and post roads, the
power to lay and collect taxes, etc, and
the power "to make all laws which shall be
necessary and proper for carrying into execu
tion the foregoing powers," etc Now, under
these powers in the constitution, as settled in
settling the late Rebellion, in the establishment
of tbe supremacy ot the united states ana tne
subordination of the several States, Congress
clearly possesses the authority for a general
law for the regulation of oommerce among
the States on our railroads.
The powers recited wore granted to Con-
grss before such things as steamboats, rail
roads and telegraphs were dreamed of, at a
time when Washington was practically as far
from New York as San Francisco is to-day.
If the powers then recited were held to be
necessary to Congress in 1787, how much more
necessary are they in 18 iU( in mis new age,
in fact, of rapid intercommunications of
thought, passengers and goods from point to
point, between the two oceans, and between
the great lakes and the Gulf of Mexico, and
around the world, all those old notions of the
age of horse power on land and sails on the
Bea all these old notions, we say, dividing
States, provinces and peoples, have become
obsolete and absurd. We are no longer a
loose confederacy of different peoples, cut off
from each other by mountains and rivers or
by many days' travel; we are one people, and
the wants of each State in suoh things as rail
roads, steamboats and telegraphs, are the
wants of all. In view, then, of harmony,
uniformity and wholesome checks upon grasp
ing State monopolies. Congress alone can
supply these wants of the age. So, in our
judgment, neither the stockholders in our
railroads, English or American, nor the peo
ple of the several States, have any eeourity
for tbe future against railway stock watering
monopolies save in a general law of regula
tion from Congress.
EDUCATIONAL.
E
DGEUILL SCHOOL,
MERORANTVILLR, N. J.
FOUR MILES FROM PHILADELPHIA,
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IVOO.OOO United Btates Five Per Cent.
Loan, ten-forties true.OOOtM
100,000 United States Bix Per Cent.
ixbh iiawiui money) iutdu-w
80.000 United states six for Cent.
Loan. 1881 60,000-00
00,000 State of Pennsylvania Six Per
Cent. Loan 813,900-00
sw.uuu city ot rnuaaeipnia hix rer
Cent. Loan (exemnt from
tax) 900,920-00
100.000 State of New Jersey Six Per
Cent. Loan 09,000-00
u,uuu rennayivama itaurcaa jnrsT,
Mortatre Six Per Cent.
Bonds.- 450-09
K5.000 Pennsylvania Railroad Se.
cond mortgage tilx Dor Cent.
Bonds 13,630-00
x,uuu western rennnyivama .Kail
road Mortgage Six Per
Cent. Bonds (Pennsylvania
Railroad guarantee) 10,000-00
30.000 State of Tennessee Fl Per
Cent. Loan 18,00000
state oi vennessee bix l er
Cent. Loan
18,600 Pennsylvania Railroad Com
pany, 860 Bliares stock
6,000 North Pennsylvania Rail
road Company, 100 shares
stock
10,000 Philadelphia and Southern
Mail Steamship Com
pany, 80 shares stock
146,900 Loans on Bond and Mort
4,310-00
14,000-00
3,900-00
t.BOO-00
gage first llcna on City
Properties 346,900-00
11,231,400 Par. Market value, 11,850,310-00
Cost. 31.316.623-97.
Heal Estate 86,000-00
Bills Receivable for Itmnrancea made.
333,700-70
uaiances due at Agencies:
Premiums on Marine Policies, Accrued
Interest, and other debts due the Com
pany Btoek, Scrip, etc., of Sundry Corpora
tions, 14706. Estimated value
Cash In Bank 168,81S-88
Cash In Drawer 9T3-M
60,097-90
9,740-30
169,39114
31,852,100 D4
DIRECTORS.
Thomas C. Hand.
Samuel B. Stokes,
William . Boulton,
Kdward Darlington,
H. Jones Brooke,
John C Davis,
Edmund A. Bonder,
Theophilus Paulding,
James Traqualr,
Henry Sloan,
Henry C. Dallett, Jr.,
James C. Hand,
William C. Ludwlg,
Joseph II. Seal,
Hugh Craig,
John D. Taylor.
uawara Larourcaae,
Jacob Rieget,
Jacob P. Jones,
James B. MoFarland,
Joshua P. Eyre,
Spencer McUvaln,
J. B. Seraple, Pittsburg,
A. B. Berger, Pittsburg,
D. T. Morgan, Pittsburg
George W. Bernadou,
William G. Houston.
THOMAS C. HAND, President.
Tm JOHN c. DAVIS, Vlce-rteaident.
HENRY LTLBTJKN, Secretary.
HENRY BALL Assistant Secretary. 11
INSURANCE COMPANY
OF
NORTH AMERICA.
JUfTUBY 1, 1870,
Incorporated 1794.
Charter Perpetual
CAPITA! 8300,000
ASSETS 82,783,381
Losses paid since organization... .843,000,000
Receipts of Premiums, 1809....81,901,837'43
Interest front Investments, '69. 114,09674
84,106,53419
Leases paid, 1869 -81,035,38684
Statement ot the Assets.
First Mortgages on City Property Q766,4S0
United Dtates UoTemment and other Loan
Bonds 1,123,846
Railroad, Bank and Oanal Stocks.,
65,708
847.630
83,668
KU.944
30,367
86.138
100,900
Cash In Bank and Office ,
Loans an Collateral Security ,
Rotes BeoeiTable, mostly Maiins Premiums...
Accrued Interest
Premiums in course of transmission ,
Unsettled Marine Premiums
Heal Estate, Offios of Company, Philadelphia.
80,000
84,783,581
Arthur O. Franota R. Oops,
BamuelW.Jo lea, Kdward ti. Trotter.
John A. Bros, n, Edward 8. Clarke.
Charles Taylor, T. Uharlton Henry.
Ambrose White, Alfred O. Jeasup,
William Welsh, Lonia O. Madeira.
8. Morris Wain, Charles W. Onsbman,
John Mason, Clement A. Griaoom.
Ueorge L. Harrison, William Brookis.
ARTHUR O. COFFIN, President.
OHAHLK8 PLATT, Vice-President
Matthias Mabzs, Secretary.
O. H. Reevks, Assistant Secretary. I 4
V S B U R Y
LIFE INSURANCE CO,, N. Y.
It amber of Policies issued by the fire largest New York
Companies during ths nrst years of their axistenoe:
MUTUAL (23 months) 10W
NEW YOKE (18 months) losi
Manhattan (it months) o&t
KNICKERBOCKER... (20 months) 6S
EQUITABLE. (IT months) 880
During the si months 01 its existence the ,
ASDURY
HAS ISSUED 2600 POLICIES,
INSURING NEARLY $3,000,000.
Reliable Oanrasalng Agents wantad throughout ths
Souniry.
JAMK8 M. LONOAORB,
Manager for Pennsylvania and Delaware.
Office, No. WALNUT Btreet, Philadelphia.
HAM UK L POWKRS, Special Agenl 161
I1E PENNSYLVANIA FIRE INSURANCE
COM r AN Y.
Incorporated 1B26 (Jnarter Perpetual.
No. E10 VYALNUr btreet, opposite Independence Sauare.
Thie Company, favorably known to the community for
over forty years, continues to insure against loss or dam
age by fire on Publio or Private Huildinirs, eitber penna
nt ntly or for a limited time. Also on Furniture, Stocks
of uoods, and Merohanaiso generally, on liberal terms,
I'hair Caitital. toaetuer with a lame 8urnlus Fund.
invented in tbe most careful manner, which enables them
to oner to tne tnauiea an uuuouuteu security in tne
ot lose.
Daniel Bmitb. Jr..
John TAvernr.
Alexander Heuaon,
lnaao Hazlehurst,
Thomas bmith,
nenrr lewis.
'lliomas nouins.
V...... ,i.:J"uaalmu'
iauioi xiaououE, jr.
DAN1K.L BM1XU, Ja., President.
WM. O. CROWELL, Beoretary. 8 JU
rpilE ENTERPRISE INSURANCE CO,
1 pmi.AnifT.PHla.
OF
OmoeS.W. corner of FOURTH and WACNIIT Streets
PERPETUAL AND TKRM POLICIES IsSUED.
OAbll Capital (paid up in full) ),iMW
Cash Assets, Jan. 1. 1 ?,,;:, HMl,daS l
DIREOTOKri.
F. Ratchford 8tair, J. Livingston Errlngar
Nalbro brazier, James L. Cllaxhorn,
John M. Atwood. Win. U. Boulton,
Reni. T. Trediok, Charles Wbeeler,
George H. Ktuart, Thoraaa H. Montgomery,
John H. Hrown, James M. Aeruen.
f. RATOHFORD STARK, President. .M t
THOMAS H. MONTGOMftKY, Vloe President
AtFX. W. WIKTKK. Heeretary.
JACOB E. PE'l KRHON, Assistant Secretary;
TMPEEIAL FIHK INSURANCE CO.,
LONDON.
ESTABLISHED 1S03.
Paid-up Capital and Aooumulated Funds,
8,000,000 IN GOLD.
PKEVOST & HERRING, Agents,
I No. 107 8. THIRD Street, Philadelphia.
INSURANOE.
HOMESTEAD
LIFE INSURANCE
Policies Issued on all the Ordinary
Plans, AT LOW RATES OF PREMIUM,
With full participation in the Profits.
All PollcIeH INon-Forfe! table.
Fnl Cash Surrender Indorsed on Each Policy.
NO RESTRICTIONS AS TO TRAVEL OR RESI
DENCE. The form of Dollnr adopted li
Dlala and alranta eon
I met, precise ana aennite in its te
ambiROana conditions and restrictions.
precise ana aennite in its terms, ana tree from
Special attention ia called to tbe
HOMESTEAD
I-XiA.Br
of this Company, offering the
COMBINED ADVANTAGES
or TUB
Iluiltliiig -AKoclit lou
AND 0
JLI IV IiiHiirmice.
livery Policy Holder Secures a
House fill Own.
Descriptive Pamphlets, with Ratos, furnishod on appli
cation to we "Jotupany.
OFFICE,
N. W. corner 8eventh and Chesnnt Sts.
PHILADKLPHIA.
WILLIAM M. 6KYFF.RT. President.
LAURENCE MYERS.
Vice-President.
R. Vf. DORPHLEY,
Seoretary.
WILLIAM L UIRST,
Counsel.
, HAYES AGNF.W, M.
Medical Director.
D.,
DIRECTORS,
IWm. B. Rnanny,
Kdward Hamuel,
H. P. Muirheid.
Clayton MoMiouael. 4 98ra
Wm. M. 8eyfert,
Laurenoe Myers,
J. M. Myers,
Wm. 8. MoManus,
1829 CHARTER PERPETUAL.
Frantlin Fire Insurance Company
OF PHILADELPHIA.
Office, Nos. 435 and 437 CHESNUT St.
Assets Jan. l,,70JL$2f825f73r67
CAPITAL tOO.OOODO
AOUKUJil) BUnrLuS AMD r'KKjniUn....ii,Ua,7To7
INOOMFj FOR 1810.
LOSSES PAID IN 1869,
$144,908-41
8W1U.000.
Perpetual and Temporary Poliolee on Liberal Terms.
The Company also issnee polioiee upon the Rents of alt
kinds of Bnildings, Ground Kent s, and Mortgages,
lbs "FRANJbUaN" baa no UiaruiKU U1.AIM,
TIC BflTfUlS.
Alfred O. Raker,
KAtnnel Grant-
i jturea ruier.
Tbomaa Sparks.
r.
George W. Richards, William 8. Grant,
Isaac Lea, -j nomaa B. iuus,
Ueorie tales. Gustavns S. lienaon.
ALFRED G. BAKKR, President
GKORGK FALES, Vioo-President,
JAMES W. McALLISTKR, Beoretary.
THEODORE M. RKGER, Assistant Beoretary. 1 19,
F
RE ASSOCIATION.
INCORPORATED MARCH S7. 1830.
OFFICE,
HO. 84 NORTH FIFTH STREET
INSURE
BUILD HOUSEHOLD FURNITURE, AND
MERCHANDISE GENERALLY,
From Lou by Firs (In the City of Philadelphia only).
AMBETS, JANUARY 1, 1870. 81,572,73443.
TRUSTEES.
WM. H. HAMILTON,
JOHN OARKOW,
GKORGK I. YOUNG,
JOS. R. LYNDALL,
LEVI P. 0OAT8,
CHARLES P. ROWER,
JKSSK LIGHTFOOT.
ROBT. 8UOKMAKKR,
PKTKR AKMBRUhTER,
VI W nlML VUMU
..1. XX.
PETER WILLIAMSON.
dauuiui JOSEPH E
OUUO.LUU.
WM.
H. HAMILTON, President
SAMUEL SPARHAWK, Vice-President.
WILLIAM T. BUTLER.
Secretary.
pAME INSURANCE COMPANY,
No. 809 CHESNUT Btreet.
INCORPORATED I860. CHARTER PERPETUAL.
CAPITAL 01100,000.
FIRE INSURANOE EXCLUSIVELY.
Insuranoe. against Loss or Damage by Fire either by Par.
petu&l or Temporary Policies.
DIRECTORS.
Charles Rlohardaon, . Robert Pea roe.
William H.Kbawn,
John Keasler, Jr.,
Edward B. Orne,
Charles Btokee,
John W. Everman,
Mordeoai Busby.
William M. Keyfert,
John . nmuu,
Nathan Hi Ilea.
George A. West,
CHARLES RICHARDSON, President
WILLIAM H. RHAWN, Vios-President
Williams I. Blamchahd, Seoretary, 7 23
WHISKY, WINE, ETQ.
QAR8TAIR8 & McCALL,
No. 126 Walnut and 21 Granite Sts.,
IMPORTERS OF
Brandies, Wines, Gin, Olive Oil, Etc.,
WHOLESALE DEALERS IN
PURE'RYE WHISKIES,
IN BOND AND TAX PAID.
6 38 8p
IJTIZ CURRANT WINE.
ALBERT O. ROBERTS,
Dealer in every Description of Fine Groceries,
117 Corner ELEVENTH and VINE Btreet .
WILLIAM ANDERSON & CO.,
DEALERS
" Whiskiea. . cn , L
REMOVAL.
THE OLD-ESTABLISHED
UNITED STATES
REVENUE STAMP AGENCY
HAS REMOVED FROM
No. 57 South THIRD Street
TO
No. 66 South THIRD Street,
181
JACOB B. RIDGWAV.
WHEELER'S
PATENT STAMP CANCELERS.
EDWIN STEVENS,
Ho. -11 S. T2IXXU Street,
PHILADELPHIA, C31tf
$en(ra Agent for the State of Pennsylvania,