2
THE DAlliY EVENING TELGRAFI1 PHILADELPHIA, SATURDAY. JULY 1G, 1870.
onnir or ins muss.
Editorial Opinions of the Leading Journals
upon Current Topics Compiled Every
Day for the Evening Telegraph.
A "IJOLT" FOK THE TAXPAYERS,
from the Lancantcr Pa.) hxpremt.
That the defeat of the Mackey Treasury
riDg last winter was a fortunate event for the
taxpayers of Pennsylvania is daily becoming
more manifest, as we are afforded better op
portunity, by the lapse of time, of contrast
ing the present management of the State
finances with the extraordinary mismanage
ment displayed by Mackey. la some
carefully prepared statistics published 'by
us several weeks ago, it was shown that,
during Mr. Mackey's administration, there
were redeemed of outstanding and over-duo
loans, etc, only $513,44842, while during
the corresponding year of his predecessor,
General Irwin, loans were redeemed to the
amount of $2,37!!J3.VG7, showing a balance
in favor of Irwin's financiering of one mil
lion, eight hundred and sixty-five thousand,
eight hundred and eighty-seven dollars and
twenty-five cents, (l,80.,887:i.".) Thesame
statistics revealed the significant fact that
during Irwin's administration the "unex
pended balance" was decreased $1,50G, 03043,
while during Mackey's term of one year this
corruption fund was increased over one
million dollars($l,002,2(i643.) Ilad Mackey
devoted this million of dollars to the pay
ment of the State debt (as proposed by
Senator Bnnhgfelt the year previous) instead
of keeping it as a political corruption fund in
the "vault account," thousands of dollars
would have been saved to the taxpayers of
the State in interest on the public debt.
These facts were set forth in detail in the
Daily Eipress of May 28 and June 1, and
republished in the Weekly Rrjn'css of June 4;
but damaging as they were to the reputation
of Mr. Mackey as a ."great financier," and
humiliating as the exposure was to his friends,
they have not attempted to this hour to con
trovert a single fact, figure, or deduction
therein presented.
But a still greater humiliation awaits these
old Treasury bummers in facts and figures
Btill to come, and which fully justify the Re
publican members who bolted the Mackey
caucus end voted for General Irwin, the
soundness of whose Republicanism had never
been questioned. Although General Irwin
has had possession of tho Treasury less than
two months and a half, he has in that time
paid off $l,220,.r,'J783 of the State debt,
being $707,14041 more than was paid by
Mackey during his entire term! Hero are the
figures:
Loan paid in May, 1 8 70 $ 1 GO, 832 73
" " " Jund " 185,20000
" " to July 13 508,5(3510
$ 1.220, 50 7 83
Now, we call the attention of the honest
taxpayers of the county to the fact that if
Senator Billingfelt and Mr. Reinoehl and
their fellow bolters had been bound by such
a resolution as was adopted by the County
Committee the other day, "requiring a
pledge from all candidates for the Legisla
ture that they will attend all caucuses for
the nomination of State Treasurer, and
other officers, and that they will abide by
the decision of such caucus," this million
of dollars which has' just been used in pay
ing off that much of the State debt, and
thereby to that extent lightening the bur
dens of the tax-payers, would still be hid
away from publio gaze in that mysterious
"vault account," for the benefit of Mr.
Mackey and bis Treasury roosters, includ
ing some of his editorial champions who
had the rise of $25,000 apiece, and who are
now, of course, thoroughly disgusted with
"bolters" and loud in their praises of King
Caucus. We have no doubt, however, that
the honest Republican taxpayers of Lancaster
county will sustain a "bolt" the practical re
sult of which is the liquidation of the State
debt at the rate of a half million dollars a
month, rather than join in with the political
Thugs and treasury roosters in their efforts to
secure the absolute and unconditional
tyranny of a corrupt Harrisburg caucus,
the chief end of which for years has been to
make State Treasurers and United States
Senators through the most corrupt and mer
cenary influences, and in ntter defiance of
both i he interests and the sentiments of the
masses of the party.
HARI-KARI.
from the X. y. Tribune.
Our latest news from Japan is discouraging.
The advent of one of Victoria's half-dozen
boys shook that dusky realm of eld . to its
foundations; and its doors being once jarred
open to welcome the sprig of commercial
royalty, all sorts of modern lights began to
flicker and stir among its bats and shadows.
There began to be talk of overthrowing
hereditary dignities, whose pedigree ran back
two thousand years, and establishing the
ballot-box; the Budihist prieata played back
gammon and went to tea-parties; and, worst
of all a Congress, something after the Yankee
pattern, was inaugurated, the first of whose
acts was to consider the propriety of the abo
lition of hari-kari. Now this is the straw
too much. The world has been enlightened
far enough. If only for the sake of the edu
cation of our children, some food for the
imagination must be left in these out-of-the-way
corners of the earth. The process of dis
embowelling, if introduced among us, might,
we confess, prove inconvenient and unseemly;
for every-day purposes a libel suit is more
efficacious to cover our wounded honor than
such reckless, self -dissection; but the idea of
a man in a strange garb at the Antipodes
rushing unsummoned into Hades rather than
bear an insult, hath here something in it
wholesome and ennobling. We will not
lightly consent to give it up. Our Southern
brethren used to have a quick habit of guard
ing their good name with glanoing sword or
flash of pistol, which was animating and in
structive to watch at a distance; but they,
too, have fallen upon tamer days, and al
though they still challenge at eight, safely
arbitrate before the next morning.
The goddess of Honer, however, in all
ages, demanded bloody sacrifices. Let us,
therefore, continue to offer her our friends
in Japan. It may amuse our Christian con
sciences to remember that there are some
Pagans whose shame of guilt death only can
wash out. Besides, while it may be desirable
that John Bull and Jonathan should march
hand in hand, carrying the Bible and Cross
into these mysterious places of the earth,
must they convert these peoples into infinite
reduplications of themselves ? Let the dusky
millions from Afrio's golden fountains
come np and be made Christians of, by all
means. But must they necessarily be Chris
tiana with swallow-tailed coats? Must
they keep shop and play backgammon ?
"A Briton is a good thing," says Wasson;
"but are not twenty million Britons
enough 't" That John anl Jonathan should
level the enchanted land which we all used to
own in their boundaries into potato field and
Nicolson pavements, was their right; we sub
mit to take a Yorkshire grazier for Robin
Hood, or to find Red Cloud, not hung with
wampum, and jabbering Ceoner's gibberish,
bat w earing a beaver hat and talking sounder
common sense than his white brethren: but
leave us Borne far-off corner, some Uitimi
2'hule, sacred to picturesqueness and to
paganism. For the sake of the boys and
girls to come, let ns keep one spot in the
world intact from improvement for the
ideas which are fast dying : out as the
English preserve copse and wood to shel
ter their wild garee. Let there be one
delightful mysterious blank on the map, for
ever marked "Unexplored Region," for the
children, which they may people with Calibans,
if they will. We throw out the suggestion
gratis, knowing it is worth a great deal. Some
day, when we are civilized to the last dead
level, when Hindoo and Hun, Fan and
Frenchman, all wear cravats, trade in hoop
skirts and groceries, and go to the opera, our
descendants will see the need of the lost
shadows, and begin to make a desert and bar
baric nation to order, precisely as stifled citi
zens plant out a park.
It is not for ourselves we plead. The march
of the Englishman and Yankee has made the
earth dusty and dry as a market place under
our feet in the last thirty years. Not only
Aladdin s lamp has gone out for ns, but the
mysterious countryman of Aladdin, seen
dimly through a far-off wall, behind which he
had sat for ages, pig-tailed, silk-robed, and
drinking tea, now cobbles our shoes, or
washes our dishes in the kitchen; the bright
end blushing Genevieve to whom we told our
love,
'In old rude sonpt that fitted well
The ruin wild and hoary,''
now practises law across the way, and tips
her cap to us on the crossing with a knowing
uir. Our day is done. "The land was as the
garden of Eden before us; but behind us a
desolate wilderness."
The Mikado of Japan, we are told, allowed
the Congress to talk until he grew sleepy,
and then promptly sent them about their
business; and the ancient system of disem
bowelling was preserved by imperial decree.
One green spot is left to our children. Their
lives will not lack the odic influence of
wholesome barbarism. We are spared hari
kari. THE AMERICAN EXAMPLE OF EMAN
CIPATION, from the N. T. Times,
Strange as it may seem, the abolition of
slavery even in this country is not univer
sally admitted to be a wise measure. At the
South, where blavory prevailed, it was in the
greatest favor, and even now those who were
most familiar with it are its most strenuous
friends and apologists. Politically, morally,
and socially, there seems to have been an in
fluence about the institution of slavery which
blinded men to its worst features.
In this country, political resistance to
slavery originated at the North, and among a
class who had little, if any, practical know
ledge of its evils. Its enemies were stimu
lated by a recital of wrongs they had never
witnessed, and became indignant over cruel
ties which they knew of only by hearsay. It
was upon this second-hand information that
the country was stirred up to that decided
course of action which resulted in the elec
tion of Abraham Lincoln. Not one in a hun
dred of those who voted for Mr. Linooln had
ever visited the South or witnessed the social
degradation caused by slavery. The people
drew their inspiration from the press, from
the platform, and from narratives in various
books.
When the Rebellion broke out America
was the foremost supporter of slavery in the
world, It represented the only nation, claim
ing a high civilization, which held so large a
percentage of its people in bondage. Even
with its slow political progress, Russia had
taken steps to emancipate its serfs before our
Rebellion began, and the amelioration of their
condition is not to be attributed altogether to
American influence.
During the first year of the Rebellion, and
thenceforward to the end, the real issue of
the struggle was understood by all foreign
nations to be emancipation. It was natural
that such an issue should attract deep atten
tion, and that it should greatly affect the
older civilizations. There is no doubt that a
silent influence went out from us among all
the nations which even incidentally tolerated
slavery, and that it has undermined the insti
tution wherever it existed.
Not only in Turkey and Russia has the
noble work of emancipation been carried on,
but also in Brazil and several of the other
South American States. Quite reoently a
proposal has been seriously discussed in
the Spanish Cortes for the abolition of slavery
in Cuba, and in the other colonies'. We are
told that the foremost citizens of Cuba are
in favor of the abolition of slavery at the
earliest practicable moment, and they per
ceive that the example set them by the
United States must be followed. In other
words, they admit that slavery can never
again exist so near to us.
This is one of the first fruits of our ex
ample of emancipation an example which
will yet be followed by every civilized nation
holding Blaves. The great Btruggle by which
we were enabled to wipe out the stain on our
national character will never need to be re
peated. No other nation will ever be called
upon to make a like sacrifice and, indeed,
no other could make it and live. We do not
believe that any great war will hereafter be
fought for emancipation. Whenever the
spirit of freedom becomes strong enough to
justify resistance, the influence of our ex
ample will be felt, and the chains of the slave
will fall from his limbs.
THE FENTON, GRANT, AND MURPHY
FIGHT WHAT IT IS COMING TO.
From the X. J'. Sun.
The overthrow of Governor Fenton In his
recent encounter with General Grant and the
Hon. Thomas Murphy, as well as his political
antecedents, give color to the rumor that he
contemplates a withdrawal from the Republi
can party with the ultimate view of uniting
with the Democracy. Governor Fenton is
not a ruined politician far from it but he
is a thoroughly ruined Republican. He is an
aspirant for a Presidential nomination; but
he must now see that his prospects of ob
taining it from the Republican party are
utterly blasted. All that he can hope to do
by maintaining his present political relations
is to aid in preventing the renomination of
General Grant, or plot for his defeat Bhould
the Republicans be so infatuated as to pat
him on the course. But Governor Fenton is
too sagacious a politician not to see that
either the one or the other of these results
will be attained without his assistance.
Why, then, should not Governor Fenton
embrace this opportunity to return to the
Democratio party Previous to the forma
tion of the Republican party he was a leader
of the Democracy in tne western part of this
State. It was for this reason that he was
chosen to preside over the Convention at
Syracuse in 1855, where varied and somewhat
inoongruous elements were consolidated into
one organization, thenceforward known as
the Republican party of New York. ' He hal
been elected to Congress from the Chautati i-i
District in 1852, as the regular Democratic
candidate, when some of the present Demo
cratic leaders in this Slate were active YVhis
of the Wed and Greeley school. IIo was the
regular nominee of the Democracy forre-oleo-tion
in 1854, but was stricken down by the
Know-Nothings some of the foremost cham
pions of that "dark-lantern faction," as
Governor Wise called it, now being nmonx
the shining lights of the New York Demo
cracy. To see these gentlemen attempt to
prevent the return of Reuben E. Fenton to
the Democratic fold would be a very extraor
dinary spectacle.
The old Barnburners, now the dominant
element in the New York Democracy, would
welcome Fentcn's return. In the fatnom
campaign of 1848 he stood erect on the Buf
falo platform. Well do we remember him as
be appeared in the councils of that fiery and
impetuous faction. Throughout the strug
gle when, in the language of John Vau
Burcn, the radical Democracy of New York
slaughtered the great Mich-gamier, and sent
his body home by the way of the Upper
Lakes, F'enton did yeoman s service. No
one's voice joined more cheerily than his in
the favorite Free-soil song of that epoch,
whose refrain ran;
'Then shout for Van, the noble man,
8o wise, and tried, and true,
And Charley Adams, who van lam
The doughface liuoker crew;"
while Tilden, Cassidy, Church, and Nelson J.
Waterbury carried the tenor, and Dean Rich
mond, Martin Grover, Purser, and Cogger
did the thorough base, Prince John, with a
baton cut in the groves of Liudenwald, lead
ing the choir.
Strong lies have always existed among this
band of politicians, though the stormy con
troversies of the last dozen years have oft
times found them acting in hostile organiza
tions. . But these controversies have passed
away, and we have entered upon a now era
where politicians are lo divide upon new
issues. If Fenton should now go over to the
Democracy, his fortunes would probably be
shared by a considerable body of his Demo
cratic associates in the Republican ranks.
This sort of exodus has already begun. For
example: Senator Doolittle, formerly"! a Now
York Barnburner, left the Republicans in time
to compete for the Democratic nomination for
the Presidency in the Tammany Couventiou
two years ago; while Frank Blur, who stood
upon the Buffalo platform with Fouton,
abandoned the Republicans just in
season to be put on the Democratic ticket
for Vice-President in 1808. And there is Mar
tin Grover, from Feuton's own neighborhood,
one of the Free-Soil leaders of 1818: did he
get any fewer votes as a Democratic candi
date for Judge of the Court of Appeals in 1807,
and for Judge of the new court in May last,
because he helped to organize the Republican
party, and for ten years was kept on the
bench of the Supreme Court by the votes of
that party? And if these gentlemen, or
Church, or Tilden, or Cassidy, bhould insist
that Fenton was late in coming over, he
might well reply that he had proved hiuislf a
more faithful disciple of the Barnburner
creed than they; for the platform of tho Buf
falo Convention, after proclaiming the most
radical anti-slavery doctriues, wound up with
the declaration that "in defense of these prin
ciples we pledge ourselves to fight on and
fight ever till a glorious victory shall crown
our exertions." Fenton might as consistently
claim the right to read them out of the De
mocratic party as they to keep him out.
The simple truth is, that if the Democracy
hope to elect the next President, they must
enlist Republican recruits. They must leave
their doors open to all comers. They must
begin somewhere, and with somebody, and
they might as well commence by taking in
Fenton.
Governor Fenton could elevate the standard
of the Democracy. He might make it a con
dition of his joining their ranks that the
days of peculation should cease, and the era
of promiscuous stealing come to a perpetual
end. Indeed, should he give in his adhesion
without delay, he might enter the lists as a
competitor for the Democratic nomination
for the Presidency, and perhaps drive Hen
dricks, Pendleton, Hoffman, and the other
aspirants off the course. Thus ho would not
lower his ambition to merely plotting in
secret for the overthrow of Grant, but, like
Bismarck on the field of Sadowa, bear down
upon him openly, sword in hand, aud over
whelm him with 6ignal defeat.
Or, there is another field open to Governor
Fenton. The times are ripe for a new party,
and he is a remarkable organizer. He might
discard both the old, thoroughly worn, and
badly stained existing parties, and raise a
fresh banner, inscribing thereon as his watch
words, "progress, reform, retrenchment, no
stealing, and no small men." Placing him
self at the head of the movement, he could
open a glorious epoch in American politics.
Will he try it ? Or will that distinction re
main to be achieved by some other of our
statesmen ?
THE FUNDING BILL AND THE NEW
TAX AND TARIFF BILL.
From the X. Y. Herald.
It is never a point of any certainty who is
to derive the benefit of a given law, or
whether a law passed with a certain purpose
in view may not in its enforcement secure a
result directly contrary to that contemplated
by its framers. So much attention is gene
rally concentrated on some one feature in
every measure before Congress that the
general effect is often overlooked, and even
no note is taken of phrases that qualify the
application of every word. This is especially
the case with legislation upon financial topics,
where so much regard to laws actually in ope
ration is necessary and so little is paid, and
where amendments .inserting or striking ut
clauses are so frequently made with some
small local point in view and without any
reference to their effect when the whole law
is construed together. Because of this im
portant fact in the history of law it is impos
sible to say just now whether Congress has
done wisely or foolishly in the statute framed
to fund the debt, since, until action is taken
on that law, it is not possible to say positively
what its operation may be.
Superficially taken, the measure looks like
a good basis for that financial experiment
which has become a sort of pet with the
Secretary of the Treasury. It appears, in
fact, a good, sound measure for the national
finances. It provides for the issue of bonds
for fifteen hundred million dollars at four,
four and a half, and five per cent., which
bhall be sold not lower than par for coin, and
the proceeds of which shall be applied to the
purchase of United States six per cent, bonds,
which shall then be destroyed, or the new
bonds may be exchanged for the six per cent,
bonds, pur for par. As the new bonds bear a
considerably smaller interest than those whose
places they are intended to take, here is a
great, obvious gain. Power is given to the
Secretary of the Treasury to declare his readi
ness to pay all bonds that have become re
deemable, and in three months after he shall
have made such declaration in regard to any
specified bonds the payment of interest on
such bonds will ceaee. . Thus he has it in his
power to forcibly retire any quantity of tha
old bonds, being limited in this regard onlv
by his ability to sell the now ones. This
Kower seems to us to put his ability to sell i
eyond all qneslion, for it is not possible to
doubt that the faith of the Govermnmt is
now good before the country and the worl l
for a larger sum than the whole n-itio-Ml
debt, even at four per cent.: and two hunlred
iuilliona of the new bonds bear five per oent ,
and three hundred millions four and a half.
The law further directly authorizes a loiu
that will doubtless greatly assist the opera
tions of the Secretary in five-twenties, f r
tho section in regard to gold deposits which
gives the owner the use of lr' gold in tho
form of a certificate, aud permit the npplirt
tion of seventy-five per cent, of the duo nits
for the purchriNe of bonds, c.m lie reg.tr. le I
in no other light. It is au advttutagtf out lo tu,
too, as the Government pays on it ouly two
and a half por ceut., aud uses it to extin
guish obligations that bear six pr cufi.
In favor of the Tax-Tariff bill is to ho p it
the Congressional estimate of eighty milliou
dollars us its possible reduction ol the G v
ernnient revenue. This, of course, is iu a
great degree a reduction of tlie bur letis
placed upon the people, and it would be
greatly more in favor of the bill if we ootid
consider the whole sum as representing the
lessened pressure of the debt and Government
expenses. But we cannot. In the rt-du-.tio'i
are to be counted many sources of reveuue
that, while they gave a large rctoru, did tior,
oppress or embarrass legitimate trad, Wtrj
not in tne least felt by the great masses of
the people, aud were, indeed, as propur
subjects of taxation as whisky and to
bacco. With such taxes swept out we
have retained for two years that Congres
sional outrage, tho income tux, the re-enactment
of which is a distinct, direct, and most
mischievous violation of faith with the people,
imposing upon them for years of peace a bur
den that was at first only accepted under
pressure of the great necessity of war. Th
falsity of the pretence that the retention of
this tux was necessary to seouro a Hufliueut
revenue is seen in the fact of the retention of
less mischievous taxes, whose abolition was
obluintd by a lobby, and, in fact, in the com
mon knowledge that the tux was only retained
because its abolition would oust a small army
of placeholder. For what we have, however,
we must be grateful; and, altogether, the
financial legacies of the session have promise
in them.
OUR NAVY ON A WAR FOOTING.
Frtm the Cincinnati Gazette.
It is pleasant to hoar that the administra
tion has concluded that a war about the Ho
henzollern and the Spanish succession is in
evitable, and therefore that our navy should
be put on a warfootiug,aud therefore Congress
will make the appropriation for that purpose.
Why our navy should be put on a war footing
because European powers threateu to tear
each other is a mystery to people away from
Washington. But as au outlet is needed for
our surplus revenue, to relieve Coogress from
the painful necessity of reducing taxes, per
haps this will serve. And Congress has also
found that funding is the philosopher's stone,
by which the national dbt cau be extin
guished by turning it over and over. So we
may contemn the expenses.
Another curiosity is, what, is it to put our
navy on a war footing? lu-ur A lunral Por
ter, who runs the Navy Department, has tes
tified tbat we have not a naval steamer that
could catch anything running, nor a ship that
could cope with a first-class cruiser of the
European navies, nor a sea-going mailed ship,
and that, in fact, we have no navy, and must
begin anew to build one. How shall we put
such a navy on a war footing? Shall we
man the monitors, and commit hari-kari by
siiiking more crews in these iron coffins, be
cbiise France and Prussia are tightiug?
These vessels are as terrible iu peaoe as iu
var. They carried down three full crews,
while they never scratched au enemy. To
put these on a war foot ing "meaus business,"
uud a heavy casualty list.
TLere is the class of so-called light draught
monitors those that had to be torn do wn and
built up again because it was discovered that
if launched they would go straight to the bot
tom which have never yet been turreted or
armed. It was found that they had not
buojancy tnough for turrets, and so it was
concluded that they would have one gun on
an open deck. The end of the war concealed
this most wonderful blunder. Let these be
Ent on a war footing, that the world may see
ow American mechanical ingenuity can be
disgraced by departmental imbecility and
knavery.
But inasmuch as it was decided where im
becilitywas sinking a hundred millions in
monitors, tbat iron-dads must be limited to
shore defense, and as it is confessed by our
Navy Department that we have no ship that
can cope with any of the first-class vessels of
Europe, and iuasmuch as the war does not
touch our withers, we would be wiser to save
our money and invest some portion of itiu the
construction of ships that willnot disgrace our
mechanical genius and dishonor our nation.
Would it not be an exhilarating spectacle, if,
w hen the navies of the great powers of Europe
were assembled to watcti the interests of their
r ppective Governments, a representative of
the great Americau Republic, on a war foot
ing, should heave in tight, iu the shape of a
monitor, laboriously totd by two wooden
6ttamers,
"liemote, unfriended, melancholy, slow,"
surviving sinking only by a miracle; a craft
dangerous only to its own crew; which can
puisne nothing and escape uotbiug; and of
which a flett could be run down and sunk by
suih a ship as the Monarch, without danger?
As the more our navy is stirred the worse it
smells, let us leave it to rest, and miud our
own business.
WHAT THE NEW CENSUS MAY INDI
CATE. From the Baltimore 8un.
It is consoling to believe that political
changes and readjustments, as great as those
which have taken plaoe iu the last decade,
but tei ding, unlike them, in the direotiou of
peace and prosperity, are not unlikely to
occur within the decade which folio vs the
census taken this year. That census is ex
pected to show a niora rapid We-iteru growth
over the East for the last ten years than
during any former period. Whilst most of
the Lmopenn immigrants proceed iuiuedi
ately to the West, there is au emigration
going on from the F.ftut. to the West at such
a rate that the rural populaiiou of the former
remsius nearly stationary. Tho West ap
petirs to be the great reservoir in which the
Mi) plus population of the Old World aud of
the Ntnth diwharges itselt, but which gives
nothing Lack in return. When this Western
gtowth is repiesented in Congress, it is easy
to see that, if united, it cau wield a com
manding influence, and, with the aid of any
other section, dictate the policy of the Gov
ernment. But it is not the West alone whioh is ex-
I ected to gain an accession of political weight
y the next census. The New York World
refers to the fact that the abolition of slavery
hhs added a much "larger per cent, to the
representative population of the South than
immigration has added to that of other parts
of the country. Instead of all the white
persons and only three-fifths of the negroes
being the basis of representation, in the new
apportionment after this census all the peo
ple of the South will be fully counted, bo that
it there are four millions of Southern
negroes, this change in the mode of count
iig v ill be equivalent to an addition of
1, MM), 000 to the populntion of the South,
which is out of all proportion to the increase
of any other part of the country by immigra
tion, and will more than enable the South to
recover its former rolative strength in Con
fer kr. What effect this is to have on all
It ading questions, in view of tho probability
of au ngreement between the West and the
South tin the tariff, the currency, and ques
tion of finance, remains to be seen. It is
intii:.ated that this is tho reason why the
efforts to take up the apportionment bill in
CoigrtRs have failed recently.
Ttie Wvrhl anticipates that besides the in
dense in Southern representation, the re
ar million of its former business intercouse
with the North will be again, as before the
war, a source of great political strength. "At
the outbreak of the war," says the World,
"Ht.d during the first year of its continuance,
a huge and influential portion of our North
em business rneu openly or secretly syrapa
11 lzed with the South. They would have
bttn villirig to make almost any concession
for the Bake of keeping or recovering their
SoutUrn tmde. About the second year of
the war the tide turned, ond thenceforward the
prevnilit g tone among the business men of
tie North was one of zealous 'loyalty.' This
was chiefly due to the new fields of enterprise
opened by the war. The Government had
bi com a better customer than the South had
tvrtotn. To supply its vast armies with
food, clothing, arms, ammunition, tents,
wagons, medicines, etc., taxed the energy
and resources of the country. The great
profits of army contracts and the spirit of
spiculation which dominated in all the walks
of business, consoled our merchants and
ninnn'acturers for the loss of the valuable
St uthern market, and caused a pretty com
plete transfer of their political sympathies.
This great change will soon be reversed. The
Government is no longer an extensive pur
chaser of commodities. With the reviving
prosperity of the South its trade will have
more than its former value, and our active
business classes will rapidly exchange their
fierce 'lojnlty'for a tolerant spirit towards
that section.
Soon after the close of the war a desire to
resume business relations with the South was
nour.ifested in New York and some other
Nuithein cities of enterprise, and this jour
iinl, in endeavoring to resist an opposite
spirit which had shown itself among narrow
minded sectionalisfs in this city, called atten
tion to the honorable contrast exhibited in
the sagacious and conciliatory policy of New
Y'ork. We were at length successful in lead
ing the way to more enlarged and liberal
counsels, which have ever since been in the
urn endant, and the beneficent results of
which no one will deny. In New York, how
ever, the good beginning was of brief dura
tion. It was impeded by several causes,
which the World thus explains:
"In the first place the South had a succession of
hud harvests, urn) the (-untiscation laws and the pre-
mun.g political uncertainly pttrai;zeu enterprise and
previ tileU capital from flowing into the South. The
coiiB qumcc w s that the section recovered slo wlyand
heavily from tho tleaolatitiK eil'eots of war. Another
lliliin which has operated uK'tiust the south is the In
vest meiitg made iv our business classes lu the pub
lic securities. They have feared that Southern
Influence would favor the repudiation of the na
tional debt, aud that the Government bonds
wtuid depreciate or become worthless. The fear of
npudiHtiou i allayed. The cottou crops of the last
two jars have put the South lu a condition of com
parative ease aud prosperity, aud rendered Its tra)e
ric hly worth cultivating. The full renewal of the
old commercial relutlous tietween the two sections
v ill tend to restore the former polit.cal cordiality.
In a year or two mure the prevailing tone among
our Influential business classes will be similar to
v hat it was before the war, when the South, by the
eld ol Its Northern connections, exerted an inilu
ei.ee in the (ioveri.ineijt quite out of proportion to
Its population."
It is not for us to dispute the statement of
the llr rid (though we would hope the con
tra ly), in regard to the patriotism of Northern
business men consisting of loyalty to that
which dispenses patronage, and that if the
South continues to produce good crops there
v. ill be an equal harvest of good feeling in
the North towards its Southern brethren.
We are glad, however, tbat we can say with
truth of Bultimore that her friendship for the
South has not been dependent upon its pros
perity; and that the injury of Southern grain
mid cotton crops has never had any other
tfftct here than to stimulate to practical
sympathy the fraternal sentiments always en
tertained. SPECIAL. NOTICES.
NOTICE IS HEREBY GIVES THAT AN
application tflll be made at tho next meeting
ol the General Assembly of the Comniouwenlch of
I'ennxylvaiila for the Incorporation of a liank, la
Bci ordanie with tlx laws of the Commonwealth,
to be entitled THE (QUAKER CITY BANK, to be
locuteuXt Philadelphia, with a capital of one hun
died thousaiid dollars, with the r'ghc to Increase the
buiue to live hundred thouaaud dollars.
tuft- NOTICE TO STOCKHOLDERS A DIVI-
w BfcND of TWENTY-FIVE CENTS per share
wll be paid bv the HESTONVll.LE, MANTUA, and
FA lit MO INT PASSENGER It A1LROAD COM'Y,
1 1 ie ol Male tax, ou aud after July is next, at the
Otl;ce of the Company, No. in South Front Btreet.
'1 run- fir Books will be closed July 6, and reopen
Jul 16. CHARLES P. HASTINGS,
6 '2ft g 4t Treasurer.
u-- NOTICE IS HEREUY GIVEN THAT AN
application will be made at the next meeting
of the General Assembly of the Commonwealth of
l'ciitiylvaulu lor ihe Incorporation of a Uauk, In ac
ccnlai ce with the laws of the Commonwealth, to be
euitlcd THE MARKET HANK, to be located at
1 hilade'phla, with a capital of fifty thousand
doliurn, with the right to Increase the same to tlve
bundled thousand dollars. T 9 g 6m
jpsTHE UNION FIRE EXTINGUISHER
COMPANY OK PHILADELPHIA
Manufacture and sell the Improved, Portable Fire
Esti&guloher. Always Reliable.
D. T. GAGE,
6 80 tf No. US MAKKKT St., General Agent.
gV TREGO'S TEABERRY TOOTH WASH.
it u ilia Utoat ilfcant, ohepMt nd beet dentifriue
tun t. V rrautd Iree from injuriou ingredieoU.
I( f reserve and W taiteut the Teeth I
Invigorate tud Soothe the Ganul
Funht nd Perfume lb Brent hi
Prevent AuoauiaUuon of Tartar!
Cleanae and 1' untie Aj-iiQcial Teeth!
I a Superior Article for Children!
Hold bj all drnKKi"'" "d dentiat.
A M W IlON, UruKgiat, Pronrietor.
i lun Oor. NINTH AND FILBKKT ttu., PaiutdelphlA.
tK NOTICE IM HEREBY GIVEN THAT AN
vw application will be mane at the uext meeting
of the General Ansemtily of the Commonwealth of
I'eiihsyivauia for the incorporation of a Bank, in
uccoi datice with the lawo of the Commonwealth, to
be nntli d THE PETROLEUM BANK, to be located
at Philadelphia, with a capital of oue hundred thou
sand dolia 8, with the right to iucreaae the same to
live (6) hundred thousand dollars.
-"HEADQUARTERS FOR EXTRACTING
Teeth with fresh Nitroua-Oxide Uu Abaolntel
uo pain. Dr. K, R. THOMAS, formerly operator at the
Oolton Dental Koonia, devote fait entire practice to the
gainle extraction of teeth. Offloe, No. HlX WALNUT
treel. tatS
W AR D A L E " G. M o ALLI8TER,
Attorney and Counsellor at l.
ho. 3 BROADWAY,
lew Vera.
SPEOIAU NOTI39f
gy NOTICE IS IIBRKBY OIVKN THAT AW AP
"w plication wlH be made at the next meeting.of
the General Assembly of the Commonwealth of
Pennsylvania for the Incorporation, la accordance
with the laws of "the Commonwealth, of the
SAVINGS AND DTCPOSIT HANK OK MANA
Yl'NK, to beloiiel In the Twenty-third ward of
Philadelphia, with a capital" Of fifty thousand dol
lars, with the right to Increase the same to ond hun
dred thousand dollars. 7 s s6m
fnY- TUK lMri'.RlSHAHLE PERFUME 1 AS A
rule, the perfumes now In use have no perma
nency. An hour or t wo after their use there ts no .
trace of perfume left. How different 19 the result
succoedlnR the use of MURRAY A LANMAN'S "
FLORIDA WaTHH ! Days after Its application the
handkerchief exhales a most delightful, delicate,
and agreeable fragrance. -81 tathsi '
BSST
AN IMPORTANT NOTICE.'
TO ALL WHOM IT MAY CONCERN.
Tho following named persons, If they were on the
Bark ARCHIBALD G RAO IK, which left 8an t'ran-
tifco, California, in 1855, or their next of mn, will
find it to their atvantnge to address or call upon
KOr.ERT S. LEAGUE & COMPANY, No. 13S South
SEVENTH Street, Philadelphia. Immediate atten
tion to thin Is requested, and any one knowing their
present whereabouts will oblige by commnulcatlng'"
as above.
A. M. Spencer.
I James J. Nichols,
.Charles Brown,
Absalom Crytrs, '
I John Baker,
I William Roberts,
IK. S Wilson,
O. W. Hopkins & Son,
L. B. Dresser, '" "
W illiam KaUerty,
I J. H. Painter,
Jabez M. Tipton,
G. F. Myers,
Henry Adler,
Lewis Scarce,
Kamuel B. ringrey,
Mnrtln Hart,
William Douglas,
William Chambcrlin,
Daniel K. Colby,
Walter Smith,
Snmuel B. Wilcox,
William F. Willis,
Henry Lovell,
John DockcudoriT,
David Lo.cn,
J. H. Keller,
William Davis,
William Kerry,
Charles Nodiue,
A. S. Young,
Sanford Crocks,
M. Barnes.
K. J. Black,
K. Blair,
Mark Ferrill,
John Anderson,
John W. Walden.
William Scrloner,
William Callahan.
Jonn B. Jones,
lonn it. Anxes,
a. it. nit nor.
6 8Tt
NOTICE IS HEREBY GIVEN THAT AN
application will be made at the next meeting of
the General Assembly of the Commonwealth of
Pennsylvania for the incotporutton of a Bank, in ac
cordance with the laws of the Commonwealth, to be
entitled THE GERM ANTOWN BANKING COM
PANY, to be located at Philadelphlh. with a capital
of one hundred thousand dollars, with the right to
increase the same to live hundred thousand dollars.
pfj? NOTICE IS HEREBY GIVENTHAT AN
application will be n.ade at the next meeting
cf the General Assembly of the Commonwealth of
rciint-ylrania for the Incorporation of a Bank, In ac
cordance with the laws of the Commonwealth, to be
entitled THE MANAYUNK BAN K, to be located at
Philadelphia, with a capital of two hundred thou
sand dollars, with the right to increase the same to
two hundred and fifty thousand dollars. 7 a s6m
OFFICE6F THE YlIILADELPniA
AND READING RAILROAD CO., No 237 South
FOURTH Btreot.
Pini.ADrxptnA, June 23, 1870.
KOTICE, In accordance with the torms of the lease
And contract between the East Pennsylvania Railroad Oo.
and the Philadelphia and Reading Railroad Oo., dated
May 1!, the Philadelphia and Reading Railroad Oo. .
vill pay at their office, No. 237 South FOURTH St., Phila
delphia, on and after the lUth day of JULY, 1870, a divi
dend of $l5u per share, clear ot all taies, to the stock
holders of the East Pennsylvania Railroad Co., a they
eball stand registered on tae books of the said Kast Penn
sylvania Railroad Co. on the 1st day of July, 1870.
All orders for dividends must be witnessed and
slumped.
S BRADFORD,
Treasurer.
Note. The transfer books of tho East Pennsylvania
Pailioad Co. villi be closed on July 1 and reopened on
July 11, 1870.
HENRY O. JONRS,
6 221 m Treasurer F-ast Pennsylvania Railroad Oo.
jrt? NOT1CK IS HEREBY GIVEN THAT AN
"" application will be made at tne next meeting of
the General Assembly of Che Commonwealth of
Pennsylvania for the Incorporation of a Bank, la ac
cordance with the laws of the Commonwealth, to be
entitled THE GERMAN I A BANK, to be located at
Philadelphia, with a capital of one hundred thou
sand dollars, with the right to Increase the same to
one million dollars.
gy PHILADELPHIA AND READING RAIL
ROAD COMPANY, Oillce No. fit S, FOURTH
Btreet, Philadelphia, June 29, 1870.
DIVIDEND NOTICE.
The Transfer Books of this Company will be closed
on the 7th of July next aid reopened on Wednes
day, July 20.
A Dividend of FIVE PER OENT. has been de
clared on the Preferred and Common Stock, clear of
National and State taxes, payablo In cash on and
after the 22d of July next to the holders thereof aa
they stand registered on tho books of the Company
at the close of business on the 7th July next. All
payable at this oillce.
All crders lor dividends must be witnessed and
stamped. 8. BRADFORD,
6291m ' Treasurer.
NOTICE IS HEREBY GIVEN THAT AN
" application will be made at the next meeting of
the General Assembly of the Commonwealth of
Pennsylvania for the Incorporation of a Bank, in ac
cordance with the laws of the Commonwealth, to be
entitled THE Wi)ST END BANK, to be located at
Philadelphia, with a capital of one hundred thou
sand dollars, with the right to Increase the game to
five hundrea thousand dollars.
US- QUEEN FIRE INSURANCE COMPANY,
LONDON AND LIVKRPOOI
OA P1TAL, X8,U0O,UUO.
BAB INK, ALLKN A DULLES. Agent,
Ji FIFTH and WALNUT Street,
FURNACES.
Established in 1835.
Invariably the greatest success over all competition
whenever and wherever exhibited or used iu the
UNITED STATES.
CHARLES WILLIAMS'
Patent Golden Eagle Furnaces,
Acknowledged by the leading Architects and Builders to
be the most powerful ant) durable Furnaces offered, and
the most prompt, systematic, and largest house in this
line of business.
HEAVY DEDUCTION IN PRICES,
and only first-class work turned out.
No. 1132 and 1131 MARKET Street,
PHILADELPHIA.
N. B.-SFND FOR BOOK OF FACTS ON HEAT
AND VENTILATION. 22 4in
CLOTHS, OASSIMERE8, ETC.
QLOTH HOUSE.
JAMES & HUDER,
Ho. 11 IVortli NLtO.M) (Street,
blgn of the Golden Lamb,
Aie w receiving a large aud splendid assortment
of new styles of
FANCY OASSIMERES
And standard makes of DOESKINS, CLOTH9 and
COATINGS, 3 83 mwa
AT WHOLESALE AND RETAIL.
WATER PURIFIERS.
FARSON'S
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Purifier
Will effectually oleanse from all IMPURITIES, and re
move ail foul Uate or amell from water passed through it.
In operation and for sale at the MANUFACTORY, No
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generally. , itttf
Corn Exchange Bag Manufactory
JOHN T. BAILEY,
JI. E. Cor. WATER and MARKET Sti
ROPK AND TWIMR, BAGS and BAQ1IHO, (or
Flour, bait. Super-Phosphate of Lima, bone Dtut, Eta.
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