THE DAJLY EVENING TfiLfiGltAPll PHILADELPHIA, TUESDAY, SEPTEMBER C, 1870. cnniT or txzs muss. Editorial Opinions of the Leading Journals upon Current Topics Compil ed Every Day for the Evening Telegraph. FRANCE AND NAPOLEON. Twin U X r. Tribunt. A great nation in not destroyed in a single campaign, and terrible as the dinaster is which has just overtaken the Emperor's armiea, we look to see France arise from ber humiliation, no longer, it ia trne, with her old prestige, but with possibilities of fntnre grandeur and a temper chastened by suffering. With .. abundant natural wealth, developed indus tries, skill in tho arts, and, above all, a brave and generous people, France is hard to crush; we do not believe that external vio lence will ever bring her permanently very low. Even the defeat under which she is now smarting is only in part the work of the German armies. In the long run Prussia would in any case have been too strong for ber, but the beating would not have been so awfnl and so sudden had not the Empire been rotten at the core, and its apparent military strength a glittering sham. The worst foe to France ban been neither Bismarck nor King William, but Louis Napo leon. So to-day but one voice is heard from the defeated French a cry of exeoration against the sovereign who his brought them to such a plight, a cry of anger mingled with profound contempt. None have been more violent in their denunciations of tho imperial prisoner than Frenchmen who only a few weeks ago were the most ardent of Napoleon's ' supporters. It was the general remark in this city yesterday that the French-Americans who had hitherto adhered to the dynasty were now the most bitter of its enemies. In a tuoment the mask has fallen, and Napoleon ism appears what it really is. The whole career of the ex-Emperor has been a series of false pretenses. When he first offered himself to the French nation at ' Strasburg, when he landed at Boulogne with his tame eagle, when he took the oath faith fully to administer a republican government, when he made himself Emperor by pretend ing to crush a fictitious conspiracy, whan he deluded the nation with the farce of plebiscite and the show of unreal reforms, and more than all when he claimed heirship in the military genius of his uncle, he was acting huge shams, sometimes full of ridicule, sometimes full of disaster. It has cost France a good deal to leara all this; but Napoleon is found dut at last, aftar he has corrupted the country, disorganized every branch of the administration, and ruiued the army. For eighteen years he has masqueraded in the character of a creat commander. It has long been known that he has no ability ai a general; it now appears that he has for years had only the appearance of an army the canker of "personal government" has leaten out its heart. One push from the Prus sian sword, and the whole fabrio crumbles to pieces, and personal government lies buried in the ruins. The ntter overthrow of tho system which has brought about the French misfortunes is the best ground for hoping 'that France will rise again tj greatness and prosperity under better auspices. , . SOME LESSONS FItOil DEFEAT. .From the X Y. Times. The misfortunes of great nations are often their best instructors. Prussia would never have been what it is now, but for Jena and the humiliation which succeeded it. It needed that disgrace to break up its rotten aristocracy and to cause the kingdom to be entirely reorganized. In our owa civil war, we can see clearly now that the defeat of Bull Knn, which appeared so utterly pros trating when it took place, was necessary to excite tho deepest earnestness, and to stimu late the most thorough organization for the national cause, and to uproot our great evil 0 slavery. British history has been full of defeats which, in their final results, have been better thun victories. In France itself, nothing but the calamities and passion ate outbreaks of the first revolution could have broken up the legalized oppres sion of the peasantry, or purified tho social atmosphere of the court. Similar results will in all probability follow the present mili tary failures of the French Government and -the misfortunes which have fallen on the people. No right-minded American can look at this time on the calamities of that brilliant nation, remembering all its immortal achieve ments in the field of literature and science, its great services to modern ci vilization, and the heroic- assistance it gave us in the time of oar need, without a profound pity for the wealth destroyed, the arts interrupted, and the thousands of gallant lives uselessly sacrificed in this unfortunate struggle. It is easy for bystanders to moralize on the misfortunes of their neighbors, and the French . will receive henceforth no lack of kindly critical advice from other nations which have not attained their glory or reached the depth of their fall. A fail it unquestionably is, and one of the most astounding in modern his tory. For a military nation, in the height of its renown and the abundance of its wealth, which had sacrificed all political and popular considerations to welding itself into one gigantic weapon of war, to be stricken to the earth in a six weeks' campaign, and in a war it had itself provoked, and to find its armies beaten, its richest territory overrun, and its capital threatened, if not taken, is one of the most remarkable cata-strophes on record. Even in this age of the world, war is the ultimate test of the quality of a nation. It tries its organization, tests the soundness of its administration, and shows what disci pline and heroism and devotion lie in each of its citizens. Final victory is the victory; not of brute strength, but of science, of disci pline, of individual intelligence, and national resources. That the French will critically search out and thoroughly reform the intel lectual defects or mistakes which have caused their reverses, we do not doubt. They are too intelligent a nation to fail in this. There is something darkly ominous now, to those who know the French nature, in the entire silence, maintained in regard to the present military regime. Whether the theory that the clamors of the people forced the Emperor into the present war is correct or otherwise, they undoubtedly consider it a point of honor not to abandon their leaders till they have beaten their enemies. There will be, without doubt, a thorough military reorganization of France. The tools of the Emperor will be thrown aside; the commissariat entirely reformod; perh.ips the standing army abolished, and the Prussian system of an armed nation introduced. Not improbably we shall see the Prussian system of an enforced popular education for all established, and an effort put forth to render France more independent of Paris. All that intellect and science can extract froui the Prussian methods, which can be imitated in Trance, will be adopted there, and Grave lotte, in its good effects as well as its dis aster, viU to Ibv "tlio trwU nation." Fortunately, in the highest qualities of a race, in personal heroism and readiness to uncrinoe thomselves for their country, the French have no reason to bo ashamed even of this disastrous war. In all their brilliant past no fields have boon rendered more brilliant by the heroism of the common soldier and the devotion of the officer than these which have been the scones of almost ftnvarying defeat. But there are moral defects which, hare occasioned thin great disaster to the French nation, and they are deeper aud not so easily probed by those who would restore ber to her former estate. Perhaps, indeed, they are beyond the reach of any reform. M. Thiers has himself declarod that, much as the whole people were jealous of the suocesa of the Prussians, they would never have been forced into the war "at present" had the subject been allowed to be discussed in the Corps Legislatif. Thi thing which is utterly incomprehensible to foreign ers, at least of Anlo-Saxon origin, is that a powerful nation, with a highly intelligent governing class, should allow itsolf for twenty years to be utterly at tho beuk of a military adventurer of doubtful character and desti tute of genius, and should permit him to expose all their vast resources and their well earned fame to such calamities and disgraces as the present. The fettering of free thought for the last two decades, the persecutions of the great instructor of the populace, a free press; the crowding of all oiliccs and the Legislature with tho tools of the Emperor; the contemptible character of the officials who pretended to load a great nation, and the final cheat of tho pUlixcitum, have thoir fitting and logical close in the disgraceful campaign of 1870. All these wrongs and oppressions were patiently endured indeed may be said to have been created by the will of a people calling itself the most civil ized in Europe. There is here a lack of true moral and po. litioal independence, a capacity of being daz zled by the show of a great name, and a love for the mere trappings of a military rule, which show a superficial character that is no match for the profound force, the doep moral earnestness, the hbit of submission to principle, and the fiery spirit of anew nationality, founded on popular liberty and unity, of the Teutonic peoples. It remains to bo seen whether calamity will call out the deep moral power which lies in the French nature, and enable the peoplo to see their follies and errors. If so, history may yet record that the defeats of Woerth, Grave lotte, Beaumont, and Sedan at length disci plined "the great nation" ta prefer self-control to anarchy, political progress to military glory, and the success which arises from long struggles for self-government to all tho bloody honors of the. battle-field. CAN ntANCE PROLONG THE WAtf? tfrom the X '. Ilc ald. France has been sttimiod by the intelligence of the defeat of MacIalion and the surrender of Napoleon; but the war spirit has not by any means been extinguished. The proclamation issued by the Council of Ministers and tho debate in the Cjrps Legis latif clearly show that the nation has not mado up its mind as yet to submit to defeat. WTe are not surprised by this intelligence. It would bo strange if a great nation like France should reconcile itself to a fa a so hard all at once. A few days more may convince even the Council of Ministers that while France might prolong tho contest for a little she would do better to mako peace with tho vic torious enemy with as little delay as possible. It is undeniable that tho French people might yet make a desperate and even glorious strug gle; but it is not our opinion that Frmce can prolong the struggle with any prospect of ulti mate success. The Ministers talk big of armies which are forming. But all the world knows what raw levies can do when matched with trained armies in fine condition and Hushed with success. If any large portion of the splendid army which set out for the Rhine some six weeks ago were available the raw levies might be usefully employed. But that magnificent array of men, from whom so much was expected, is virtually extinguished. The army of MacMahon is no more. The forty thousand who have survived the battles of (Saarbruck and Wissemburg, and Woerth and Gravelotte, and those territio four days' fighting near Sedan, are now prisoners of war. The forces of I3.t7.aine, demoralized, are shut np in Metz, and Prussia will take good care that not a man of them shall e cape till the war is ended. What is now to hinder the victorious march of four or five hundred thousand Prussians to Pari3? If the flower of the French armies, the picked soldiers of the country, led by the best men whom France could supply, have failed, and miserably failed, to arrest the onward pro gress of the Prussian hosts, what reason is there to hope that raw levies, imperfectly equipped and led by second rate men, will turn the tide of battle ? We have never denied that Paris is able to sustain a siege. But we have never been abl to see what good could come from a pro tracted resistance of the capital city. Prussia has marched on to victory in spite of Stras burg, in spite of Metz, in spite of many forti fied places which lay in her way, and so she will march on in spite of Paris. The resist ance of Paris may prolong the war for a little; but it will only be for a little. Sooner than some of us are prepared to believe, the Prus sians will surround the capital, King William will take up his headquarters at Versailles, which is defenseless, and the cry will be raised from one end of France to the other in favor of peace. With five hundred thousand men in the heart of France recruiting will be vain and revolution impossible. If France is wise, the unnecessary slaughter will cease at once. CAPITAL AND LABOR. from the X F. WorUU If the truth in relation to capital were better known, there would be less idle talk of the hostility between capital and labor. The capital of the entire human species is scarcely equal to two years' production of labor. The total value of property in the United States in 181.0 was lf.,000 millions of dollars. The total annual production was 8001) millions of dollars. These are the census figures. They are probably underestimated in production, and overestimated in property. The capital of the country consists princi pally in bind, farm-houses, agricultural im plements, cattle, and seed ooru; in city dwell ings, furniture, factory buildings, machinery, and fetocks of merchandise: in railroads, canals, 6Lips, and money. All these, with the exception of land, are extremely perish able. The land itself, uuless kept in con stant culture, soon depreciates cni becomes alruont valueless. Farm-houses, unless frequently repaired, soon decay; nine-tenths of the farm-house in the United States are estimated to be less than five years old. Agricultural implements ntedto be renewed with great frequency; seed corn is consumed every year; while the average life of brood cattle of all kinds, in cluding within this generio name sheep and LLk, cui a, best be a fiw jturs. It i the same with all other .kinds of capital or pro perty. Ships, canals, railroais, need inces sant rebuilding; machinery is daily being renderod useless by improved methods or by use; buildings are undergoing ondloss repairs; and even money, whether paper or gold, is forever wearing out. You need only look around in farm or shop or dwelling to Jbocoma at once convinced that the number of things, the quantity of property that is ten years old is extremely limited, and that even of this limited number, this, limited quantity, bat a very small proportion would be in exist ence were it not for systematic re pairs. Capital in every form is extrsmsly perishable, and is preserved only by means of constant repairs. Taking all kinds of pro perty into account, it is not unreasonable to estimate its averago duration at ten years; or, in other word, to estimate the necessary repairs to keep it in order, or the necess ry additions to maintain its qnantity, as equal to ton per cent, of the property itsolf. While the percentage may Beem absurdly high for city dwellings and some otner kinds of pro perty, it is very low for land, railroads, canals, turnituro, implements, machinery, and mer chandise; and to any one familiar with such investigations will seem rather too low than too high. In other words, in order to main tain the property of tho country at the valua tion of 1;,000 millions of dollars, it will re quire repairs and additions to tho extent of at least li!00 millions annually. These repairs and additions to existing property are not included In the census account of annual production, but should be added thereto in order to obtain the real annual product of the country. But this is not all. Of the 1." millions of active pro ducers in the country, nearly Gh millions are agriculturalists, representing, with wife aud child, close upon twenty millions of popula tion. The food and sustenance of these 2ft millions, in as far as it is the product of his own farm, is not included in the farmer's estimato of his annual production. Taking it at only per head, whioh is evidently a low estimate, we will have further 400 mil lions of annual product to add to the census figures. We have then: Census return, fcfOOO millions; repairs to capital, KM) millions; food consumed on farms, 400 millions; total, 10,000 millions as actual value of the total product of the labor of the United States in 180O, compared with 1(5,000 millions, total value of all property at the sama time. It must be evident at a glance that the vague conception generally entertained of the nu merical relations of labor and capital is ab surdly erroneous. The fact is that in the United States labor every year produces an amount of property equal to five-eighths of all property in existence. If it were possible to produce without oapital (which of course it is not), and if production could go on without consumption, we might destroy every vestige of property within the United States to-day, and within nineteen months labor would re produce tne whole. These figures, rightly interpreted, are highly instructive. They show us, in the first place, what an incredibly rapid increase in national wealth is possible when economy and wisdom regulate the consumption of this enormous product. They explain how it is possible for countries, desolated by fire and tword, to resume with magic rapidity their wonted activity and wealth. They enable us to set aside the silly theories built np on the assumption of our being a young country, and deficient in capital. They demolish at a blow tho absurd schemes of the protection ists, who pretend that labor, capable of pro ducing ten millions of value annually, needs protection against the foreign importations, which, even under the comparatively liberal tariff of li)0, never reached three hundred millions, or three per cent, of our own pro duction; or that a people whioh con sumes ten millions of its own products needs foolish laws to provide it with a "home market," or a "near-by market ' for its two hundred and fifty or threo hundrel millions surplus. But more useful than all these de monstrations are the practical conclusions which these remarkable figures f urnise con cerning the relations of labor and capita'. Of the 10,000 millions of total property Or capital, a large proportion is not employed in production. An immense amount of uuculti vated land, vacant city lots, unoccupied farms, waste land on farms and pleasure grounds, many factories and their machinery, many city houses, costly furniture, jewelry, oil paintings, etc., are either temporarily idle, or are in the nature of things totally incapable of being used, for the time being, for pro ductive purposes. It is evident that all that portion of the total capital, being idle, does not earn interest. Estimate it though it is more at only 1000 millions, and you have, in 18(J0, 1300 millions of capital ac tively employed. Now, no axiom is more clearly settled in political ecnoomy than this, that capital cannot honestly earn more than the average rate of interest ; in other words, that the average rate of interest is the aver age earning of capital. Of course, this has nothing to do with the earnings of an indi vidual, whether capitalist or laborer. The laborer without capital may earn thousands, and the laborer with capital, whether his own or borrowed, may earn tens of thousands. But in either case it is the liborcr that earns it. Capital only earns its interest, niver rightfully more. If the average rate of inte rest in the United States in 1800 was 10 per cent., out of the 10,000 millions of property produced 1500 millions went to capital as interest, and 8.'.00 millions was the earning of labor, skilled or unskdled, lay or profes sional. All tho labor of the whole couutry united produced for its own use 8500 millions of property, which by naturd laws would be divided in accordance with the precise value of the labor con tributed by each. Neither labor nor capital can complain. Capital is entitled to its interest, which it receives. Whatever remains is equitably divided among labor according to its deserts. But if Congress steps in and says to the saltmakcr : In addition to the in terest on your capital, and in addition to the share of products due you for your labor, you shall have we S3 decree it 50 cents extra on every barrel of salt you produce; or to the ironmahter, $0 gold extra on every ton of iron you mako; and to the cloth manufac turer, 2 gold a yard on every yard of cl th you make; and to the spool-cotton manufac turer, 3 cent3 on every spool of cotton you make; and to every manufacturer throughout the country, you shall have 4 per cent, if the value of every article you produce as an extra gift to encourage you to go on monufactnring, to encourage domestio in dustry, to make a home market for our product?, to protect labor; when Congress says this, where does all this extra money come from, and what does it amount to? The value of the product of manufacturing industry in the United States is believed to have exceeded 4000 millions of dollars in 1800. On this amount Congress, by its infa mous tariii', gives the manufacturers 45 per cent, as au extra gift, the trifling sum of 1800 millions of dollars ! And where does it come from? It comes out of the 8500 luihiouit tLat axe really due to labor. In stead of there being 8500 millions left to divide, there is then only 6700 millions loft to divids; the difference of 1800 millions a radical Congress stole out of the pockets of the toiling workmen to put in the pockets of the McCarthys and Morrills and Ameses and Ward 8 and their toadies and attorneys. Do the workingmen wondir that they get little, when on every dollar thej earn they first bave to pay a tax of twenty cents to these radical cormorants ? Not capital is their enemy, but a radical Congress. TIIE CATASTROPHE AT SEDAN. From (A X F. Sun. When, instead of retreating toward Paris, Marshal MacMuhon marched northeast from Chalons, every man of military experience anticipated just what has happened to him. It is true, probably, that he only obeyed a positive order from Marshal Bazaine, the commander-in-chief: but atfer that order bad been given communication with Bazaine was cut on", and all the circumstances of the situation were changed. MacMahon should have known that it was impossible for him, with his force of only one hundred thousand Bolid troops, to extricate Bazaine, surrounded by two hundred thousand, while Prince Frederick William's army of two hundred and fifty thousand lay in the valley of the Aube, and the Crown Prince of Saxony, with eighty thousand more, was on the upper waters of the Aisne. It is true the Prussians were making a great show of rapidly march ing against Taris; but a general fit to lead where a country is to be saved would have understood that Paris would not be worth half so much either to France or Prussia as the army under his orders; and he would never have been caught in that trap which has now closed upon the Marshal, his army, the Em peror, and the empire all together. In all the incomparable succession of blunders com posing the catalogue of French operations since the beginning of the campaign, this of MacMahon's is the most fatal. It proves that, however good as a fighter, he is as bad a strategist as either the Emperor, Marshal Lebosuf, or Marshal Bazaine; and beyond that language does not go. The cupture of MacMahon's army has been effected by means substantially the same as his defeat at Haguenau, and the defeat aud imprisonment of Bazaine at Metz. In each case the Prussians have won by greater rapidity of movement, superior numbers, equal fighting, and superior generalship. That is the whole mystery. MacMahon hud a hundred thousand men or thereabouts whom he could rely upon, besides from thirty to fifty thousand whom he did not dare to bring into action, while Von Moltke had two hundred and fifty thousand, all experienced soldiers. Against such an enemy only supe rior genius could successfully contend; but when the superiority is on the other side, the case becomes doubly hopeless. The battle field was also unfavorable to the French, and their only line of retreat led into Belgium. When the hills that environ Sedan were taken from them, and they were surrounded on every side, surrender was their only course. An army shut up under the walls of Metz can hold out lor days or weeks, and repel assault as long as its provisions last; but an army shut up at Sedan is at the mercy of the enemy, who, from the neighboring heights, can destroy it at leisure, almost without suf fering any injury in return. With the surrender of MacMahon the list disciplined troops of Franoe are gone, and for the time she is at the mercy of the Ger mans. She has other men under arms, four or five hundred thousand, all brave and zea lous. But at present they are as useless as that considerable portion of MacMahon's army which he dared not lead into battle. It will require at least six months to make these men efleotive fighters. No doubt the patrfotio spirit of France will ardently desire to oortinue the war. It is but justice to say that as yet no other wish or purpose has been manifested in all the nation. But common sense must alter all decide; and the prescrip tion of common sense is to submit to the bard necessity, and to make peace on the best attainable terms. That will probably soon be the judgment of the men into whose hands the government of France will fall. It is possible thit the more desperate and heroic alternative may be adopted by the French people; bnt it is more likely th it the conclusion of peace at an early day will leave Europe at liberty to pursue that new course of development whioh the war baa commenced. WATCHES. JEWELRY, ETO. . w. ulisi:ll, No. 22. NORTH SIXTH BTREET, Agent for SI EVENS' PAT&NT TOWER C LOO 18, both Bemontolr h. Graham Eajspeuient, striking Hour only, or Btrlking quarters, ana repeating hour on full chime. Estimates famished on application either person ally or by mail. e 28 WILLI A M a WARNS CO., Wholesale Dealers tu S. E. corner SEVENTH aud CllESNUT Streets. 8 li Second Uoor, and lata of No. 85 8. THIRD St. SUMMER RESORTS. QONCRE88 HALL. CAPE MAY, N. J., Opens June 1. Close October l1 Mark and Stnion Basaler's Orchestra, and ral Military Band, of 120 pieces. TERMS 13 -super day June and September. (4-00 per day July and August. The new wing la now completed. Applications for Rooms, address 4 15 Kit J. r. 04KB, Proprietor THE "C1IALFONTF.," ATLANTIC CITY, N J., ia now op.n. Riilroad from the honao to tha be b . JLL1S 111 HOIIK Hi t), 11 am Propritor r-URNITURE, ETO. HOVER'S Celebrated Patent Sofa Bedstead I now boioa mda Md aoM In Unto number, both tin fcrtDuO nl rnKl.nd. Oto b. had oulj ml to muiuu. to 17. 'I lii. piauo ul lornitnra 1. to Ui furin of handitoina PaHLOK tjOrf, jot i ou. minuto, Miou iuuorwin ordvUcbinc in sot y ito.n bo ! ondod into bu tnul rHKOH bkDSrWaU, wiin hpriou Hair Matwoos ooliiplot. It baa tba oonranieooa of a Bureau for hoMiu. i. amlj maoawed, and it i inipoamla for it to net out of order. Tbi. bola rleriaieaa raquira. no prop, hiairea, fmt, or ropoa to aupt-ort.it lieo axlandbd, a. aU othat ao'a bad. anl loaojiea bara, wmob ara all vary un.a'a od lmlilr lo got out 01 repair, bat tba Bi.taad I formal bv ainiplf turniKtf out tba an1. or oloairui tbau wboo tba h! i. auuiiwi. Tba unci ia ab ut iba aama a. a Iouna. Aa anamination of tbia novel iuvaiiuon ia aolioitad. II. F. HOVER, 634 tofrim No. 230 South SECOND Btreat, Pbilada MATS AND OA PS. tf WAVBUHTON'8 IMPROVED VENTILATED ill and eafly-mtlrig DRKSS HATS (patented), in all tlio Improved fauhlous of the aou. CLliidNUr buec, dour u Uwt Put Ouica. rpi k TOWER CLOCKS, EDUCATIONAL.. FOR TOTOO MEN AND BOTB, No. 115 LOOF8T Street. EDWARD CLARENCE SMITg, A. X., Principal Tnli Select School wir. enter upon lta iiita year oompleu-ly reoinanlEed. Kooma improved, and refitted wltti handsome fur niture. 1. Pupils rrppared for boptnea life. Thorough oonrae In the Kuflsh Branches and Mathematics. . 1'uplls prepared for high standing In College. ft. Special instructors in Freouh, (Jerman, Draw Ing. Penmanship, Elocution, Uooa-keeplug, Natural Science. . A carefully organised Primary Department 6. Special features an ansariiaaawl locality, spacious and well ventilated rooms, with high oei uig s, a retired play ground. Next session begins peptember 19. Circulars at No. m& LOCUST SU ApplicatloLS received dallv. Testimonial from Hon. William Strong, U. 8. Su preme court. Pnn.aDKLHTa, June IB, 1870. During tbfl last two years mv son ha bceu an at tendant of the cliool of Mr. Edward Ciareuoe Smith, knwn ss Rngby Academy. 1 can uuquatifledly commend Mr. nil' h to thos who have sms to be eouvated. as a superior instructor, devoted to his work, kind and flr.'n in his managemHnttif hispnpUs, nnd In all respects qualified for success In his pro fession. 818 W. STRONG. nY. I. A 17 1 12 ft II 4.4? II 'ft a ACADEMY FOR Y"11NG MEN AND BorS. ASSEMBLY UL'ILDINUS, No. 10H booth TaNru Srreet. A Primary, Elementary, and Finishing SchooL Thorough preparation for Business or Oolleire. Ppec'al attention piveD to Commercial Arithmetic ann all kinds of BuBlness Calculations. French and Herman, Linear and Perspective Drawing, Elocution, English Composition, Natural Science. FIELD PRACTICE in Surveying and Civil EngV. seerlng, with the use of ah" requinlte Instruments, Is glvan to the hlgncr classes In Mat hematics. A nrst-etass Primary Department. The best ventilated, most lofty and spacious Class rooms In the city. open lor the reception of applicants dally from 10 A.M. to 4 P.M. 8 80 tall term will ber September 19. Circulars at Mr. Warbnrton's, No. 4S0 Chcsnut at. I TM t T T T UfnMf IVimmtn -- V . -opened for SUMMER BOARDERS from July 1 to September IB, 1870. The Douse is new and pleasantly located, with plenty of shade. Rooms large and airy, a number of them communicating, and with first-cla board. A few families can be accommodated by applying early. For particulars call on or address REV. T. W. CATTELL, Tl MerchantvUlw, N. J. nALLOWELL SELECT HKMI SCHOOL FOP Young Men ard Boys, which has been re moved from No. 110 N. Tenth street, will be opened on (September 12 lu the new and morn commodious bulloir.gs Nob. 1 12 and 114 N. NIN'I H Street Neither effort nor expense has been fepared lu fitting up the rooms, te make this a first-class school of the highest grade. A Preparatory Department is connected with the school. Parents and students are Invited to call and examine the rooms aud consult tho Principals from A. AL to 2 P. M. alter August 16. GKOKGK EAf TBURN, A. B JOHN G. MOOKK, M. S., 817tf Principals. HAMILTON lNHTTTi: t"E FOR YOUNG LADIES. No. 8810 ClihSNUT Street, West PhiladeU phut. Day and Boarding School. This lustiruttou, having successfully completed its fourth y .ar, has become one of tho eKtablished schools ol our city. Its courke of study Includes a thorough English aud Classical Education, embracing Mental, MorU, aud riijBtcul culture. lis nliith session will open on MONDAY, Septem ber 12. For terms, eta, apply at the school. 8V9tf PHILIP A. CREGAR, Principal. I7lLDON SEMINARYMISS CARR'S hELECl Ij Boarding School for Young Laules will RaV Of-KN SKP-l EMBER 14, 1870. It Is situated at the York Road Station of the North Pennsylvania Railroad, seven miles from Philadelphia, 1 he Principal may be consulted personally at her residence during tho summer, or by letter addreasod to Shoemakertown Post Oitlce, Montgomery county, Pa. Circulars can be obtained also at the oitlce of JAY COOKE & CO., .8 9 Bankers, Philadelphia, riPE SIXTEENTH ACADEMIC YEAR OP 1 SPK1NG GaKDBN ACADEMY, N. E. corner ol EKU.Tb and BUTToNWOOD Streets, begins Tues day, September 6. Thorough preparation for Busi ness or Colieue. Applications received on aud after Monday, August 22. CHARLES A. WALTERS?. A. M., 8191m . pnnelpaL CENTRAL INSTITUTE, N. W. CORNER-OF TENTH and SPRING GARDEN btreets, will reopen MONDAY, September 5. Parents are Invited to call alter August 2'.1. Boys prepared for business or for college JOHN P. LAMBERTON, A, M., 8 22.1m Principal. VOU.NG MEN AND BOYS' ENGLISH CI.ASSI 1 OAL AND COMMERCIAL INSTITUTE, No. 19t8 MOUNT VERNON Street, reopens September 6 Thorough preparation for Busluosor College, Das a Prtparaiory Department for small Boys. 9 87 1m Rev. J. O. SH1NN, A. M., PrluclpiL WEST PENN SQUARE SEMINAR Y FOR YY YOUNG LA 1)1 E.n, No. B South MKRKICK Street (formerly Mrs. M. E. Mitone'l's.) Th Fall Term of this school will beRin on THURSDAY, Sep tember IB. MISS AGNES IRWIN, 8 31JS15 PriucipaL OCnOOL OF DESIGN FOR WOMEN," NOR m. E WEST PENN SQUARE. The school year for 1870 and 1S71 will commence on MONDAY, the lata of September. T. W. BRaIDWOOD, 8 8112t Principal. e'TEVENSDALE INSTITUTE, A SELECT 'family Boarding-school for boys, will reopen Sept. 12, lhiu. For Circulars address J. H. WITIIING TON, A. M., Principal. South Amboy, N. J. 8 2tuths26t w , EST CllESNUT STREET INSTITUTE FOR YUl.NU LiA DlKiS, Na 40.15 (JhesDat street. Wett Philadelphia, will re-onen MONDAY, September 19. S 8wJ MISS K. T. BROWN, Principal. VOl'NO LADIES' INSTITUTE, No. IVii MoUNT J. VERNON Street, sixth bcml-Annual Term begins ou WHDNESDAY, Sept. 10. Call or send for clrcultr. 9S9w CI1EGARAY INSTITUTE, Nos. 1537 AND IfcNSFHUOIC Straat, Philadelphia, will roopen on TVV blA Y. September lu. Kronob ta tba laniraasa of tha f airily, and ia oonatantlf apokau in tha inatituia. 16 wtm bin 1 D'liER ViLXV. Principal. OAKLAND FEMALE" INSTITUTE, N0RKI8 ToWN.Pa,, will commence Its Twenry-sixth Veer September L Terms. I'ZoU. For ciiculars ad d ress, J. GR1 ER RALSTON. 8 1 ra MIPS CLEVELAND'S SCIKXIL FOR-YOUNG Ladies will reopen on MONDAY, Septerntier 1, st No. JU23 DELANCEY Place. 9 0 13t rpilE MISSES ROGERS WILL REOPEN 1 their Hchooi for Yountr Ladles and Children at No. 1914 PINE Street, on MON DA Y Sept. 0. 9 3 in rpWENTY-SlXTH" Y E.L IL D. O REGOR Y,A. 1 M , will reopen his t lasslcal aud English H ho l No. 1108 MAR ET r-treet,ou Septembers. 8 99 lu lE CLASSICAL INSTITUTE, DRAN STHEKT, J above Spruce, will be re-npened September 6th. 8 22 nu J W. KA1RES, D. P., Principal. M U Si C A L INST RUOfToN. 4 Ii. TA LOR'S SINGING ACADEMY, NO. 619 1 ARt'H Street, will opeu for the reception ol i.upils on MONDAY, Sept. 6. Hours from 11 to 13 A. M. aud 4 to T P. M. daily. 9 1 f LEOAL NOTICES. INSTATE OF ALEXANDER BENSON, JR., DE 1 (EASED.- Letters of Administration on the Estate of ALEX ANDER BENr-ON, Ju., dect asod, having been grunted to the undersigned, all persons ludebted to said estate aru requested to make payment and all persri'S having claims to present the same without delay to EDWIN N. BENHjN, GI STAVUS S. BENSON, EDWIN NORTH, Administrators, No. S. THIRD Street. Cr to their Attorney. GEORGE JUNKIN. E).. 8 1.5 tu6t S. E. cor. SIXTH and WALNUT Sts. bTN (I a a M fA.. ItMaiin.r1 L i rt I J a I ft (5 l &c(o lWl OJfX Ucuvr- VUnlcv MUr. II V.Y ti-tk Air- ' REAL ESTATE AT AUCTION. N i K. By virtue and ta execution of the powers contained In a Mortgage executed by THE CENTRAL PASSENGER RAILWAY COMPANY of the city of Philadelphia, bearing data th eighteenth day of April, 1803, and recorded la th office for recording deeds and mortgages for the city and county of Philadelphia, In Mortgage Book A. C U., No. 6s, page 465, etc, the undersigned Trustees named in said mortgage WILL SELL AT PUBLIC AUCTION, at the MERCHANTS' EXCHANGE, In the city of Philadelphia, by MESSRS. THOMAS &, SONS, Auctioneers, at 12 o'clock M., on TUESDAY, the eighteenth day of October, A. D. 1870, the property described In and. conveyed by the said mortgage, to wit: No. 1. All those two contiguous lots or pieces of ground, with tho buildings aud Improvements thereon erected, situate on tue east side of Broad Street. In thacltv of Phlladelnhla. nnn of thitm hn. ginning at the distance of nineteen feet seven inches and 0 ve-elght hs southward from the southeast corner of the said Broad and Coates streets; thenoe extending eastward at right angles with said Broad street eighty -eight feet one Inch and a half to ground now or late of Samuel Miller; thence southward. aloDg said ground, aud at right angles with said ' Coates street, sevtuty-two feet to the northeast cor ner of an alley, two feet six Inches In Width,' leading south? ard Into Peun street ; thenoe west ward crossing said alley and along the lot of ground hereinafter described and at right angles with said Broad street, seventy -nine feet to the east side of . the said Broad street; and thence northward along the east line of said Broad street seveuty-two feet to the place of beginning. Subject to a Ground Rent of $280, silver moDey. No. 8. The other of them situate at the northeast corner of the said Broad street and Penn street, containing In front -or breadth on the said . Broad ' street eighteen feet, and in length or depth east ward along the north line of said Penn street seven-, ty-iour feet and two inches, and ou the line of said . lot parallel with said Peun street seventy-six feet five inches and three-fourths of au inch to said two feet six inches wide alley. Subject to ground rent of f 72, silver money. No. 8. All that certain lot or piece of ground be ginning at the S. E. corner of Coates street and Broad street, thence extending southward a:ong the said Broad street nineteen feet seven inches and five eighths of au inch ; thence eastward eighty feet one inch and one-haif of au, inch; thence northward, at right angles with said Coates street, nine feet to the south side of Coates street, aud thence westward along the south sine of said Coates street ninety feet to the place of beginning. No. 4. Four Steam Dummy Cars, twenty feet long by nine feet two Inches wldn, with ail the necessarf steam machinery, seven-inch cylinder, with ten-inch stroke of piston, with !ieailng pipes, &c Each wUl siat thirty pusnengers, aud has power sufficient to draw two extra cars. Notk. These cars are bow in the custody of Messrs. Grice & Long, at Trenton, New Jersey, where they can be seen. The sale of them ia made subject to a Hen for rent, which ou the flrst day of July, 1870, amounted to $000. No. 6. The whole road, plank road, and railway of the said The Central Passenger Railway Company of the city of Philadelphia, and all their land (not included in Nos. l, 2, and 3,) roadway, railway, rails, rights of way, stations, toll bounes, and other super structures, depots, depot greuuds and other real estate, buildings and Improvements whatsoever,and all and singular the corporate privileges and fran chises connected with said company and plank road an o tallway, and relating thereto, and all the tolls, Income, Issues, and profits to accrue from the sama or any part thereof belonging to said company, and generally all the tenenients.hereditaments and fran chises of the said company. Aud also all the cars of every kind (not included in No. 4,) m tchlnery, tools,, tuiple nients,and materials connected with the proper equipment, operating and conducting of said roadr plank road, and railway; and all the personal pro perty of every kind aud description belonging to the said company. Togethi r with all the streets, ways, alleys, pas sages, waters, water-courses, easements, franchises, rights, liberties, privileges, hereditaments ana ap purtenances whatsoever, unto any of the above mentioned premises aud estates belonging and ap pertaining, and the reversions aud remainders, rents, issues, and profits thereof, and all the estate, right, title, interest, property, claim, and demand of every nature and klud whatsoever of the said Com pany, as well at law as in equity of, in, and to the ' same and every part and parcel thereof. TERMS OF SALE. The properties will be sold in parcels as numbered. On each bid there shall be paid at the time the pro perty is struck on Fifty Dollars, unless the price la less thau that sum, when the whole sum bid snail be paid. W. I SCHAFFER, 8 13 6it W. W. LONGbTRETn, Trustees. ROOFINO. PHILADELPHIA Fainting and Hoofing Co. TIN ROOFS REPAIRED. All leakages in Roofs warranted to be made per fectly tight. 8r ULCER'S GUTTA-PERCHA PAINT Will preserve Tin Roofs from Rusting and Leaking, ana wartanted to stand ten years without repaint ing. 'i bis Is the only Paint that will not crack or peel off. Ills alasilo Paint; it expands and contract with the tin, and leaves no cracks or seams open for water to gel through. IH'-N KJtNCab PAINTED WITH SPENCERS PATENT IKON PAINT, made expressly for iron woik. warranted not to crack or peel off; will retain its beaotuul ylosa lor nve years. All work wai ranted. All orders promptly attended to. Address PniLADEPiUA PAINTING AND ROOFING COMPANY, T 14 3m No. 63 N. SIXTH St., Philadelphia. READY ROOPIN G This Rooting ts adapted to all buildings, 11 can be applied to STEEP OR FLAT ROOFS atone-half the expense of tin. Ills readily put oa old Shingle Roois without removing the shingles, thus avoiding the damaging of ceilings and furniture while undergoing repaint. (No gravel used.) PRESERVE Y UR TIN ROoKS WITH WKL TON'S JLASriO PAINT. I am always prepared to He nalr and Paint Roofs at short notice. Also, PAINT FOR SALE by the barrel or gallon; the beat and cheapest In the market. W. A. W ELTON, 9 175 No. Til N. NINTH St.. above Coates, FIRE AND BUROUAR PROOF 8AFK fwj J. WATSON & SOUf, qjof tba lata ana of BVAMS a WATSON. rillK AND BURGLAR-PROOF SAFE STORE, No. 53 SOUTH FOURTH STREET, 8U A law door abova Ghaanat aa.. Phllada,' J, T. IA8TON. 1. M'MAHON. E &WPP1SG J SO COMMSSrO.V SlEftCaASTS, 9 MTllllBO niU . 1 fj W 1 H aV, No, 13 SOUTH WHARVES, Philadelphia, No. 49 W. PRATT STREET, Baltimore. We are prepared to ship every description Of Freloht to Philadelphia. New York, WUnuujrton, and internif rtiata points with promptness and despatch. Csnal Boats aud Steam-tugs furnished at the shortest Notice. O NE DOLLAR GOODS FOR 95 CKNTd in la Itaj tiiZMS a fii il a. kivjii I U bwaa 13 v