THE DAlLf 13 Vm IN G TELEGlt A PH PHILADELPHIA, TUESDAY, NOVEMBER 22, 1870. srxuiT or rsnn rasas. CdltorUI Opinion of the Leading Journal upon Current Topics Compiled Every Day for the Evening Telegraph. THE GREAT PARTY OF THE FUIURE. rnn the AT. r. ;roW. We are on tbe verge of another change in the issues and elements of our political par ties. The late elections indicate it. The great revolution which commenced with the active agitations of the slavery question forty jesra ago was completed in the fifteenth amendment. Throughout the Union the negro, who was a slave or an outlaw, is a citi zen and a voter. The million of Union bayonets which effected this change put down at the same time the pernicious fallacy of State sovereignty. The old Government, fonnded upon slavery aud the caste of color, is gone, and a new Government, resting upon the basis of universal liberty and equal rights, takes its place. The outside Democratic party has ceased at last to fight it, and tke battle is ended. The inside and the outside party are adrift upon a sea of speculations, and the question is, how will they come out? We are looking to General Grant for a new departure. Surely he cannot expect to stand still when the progress of modern events is at the rate of forty miles an hour. Ten years ago a Northern man found south of the Ohio river or the Susquehanna without his vouchers as a friend of slavery, or that "he is sound on the goose," ran the risk at every village or cross-road grocery of a coat of tar and feathers and a rido on a rail. From this landmark of negro slavery to the oration of an African Senator from the seat of Jeff Davis we have gone through the work of a revolution which honest Abe Lincoln, in his annual message to Congress in 1802, proposed to accomplish as far as the abolition of slavery, by the year 1909 This work of a century, then, of the old stage coach epoch, has, in this new age of steam and lightning communications, been done in ten years, in the change of our Gov ernment from slavery to liberty, and from the caste of kink and color to the common platform of civil and political equality. Nor in the work of progress are we alone. Within four years Austria bos advanced from the cloisters and cobwebs of the Middle Ages to the front rank of modern reforms; and Prus sia, in the great German Confederation, has gained the position of arbiter of Europe, which France, under the dubaucberies of the second empire, has lost. Within a few months tho Pope and the city of Rome have been relieved of his temporal power, and the Eternal City, as the capital of "Young Italy," promises to eclipse its splendors under Augustus. By the tremendous forces of steam and lightning in harness, a free pres3 and free thought, all tbe world is advanoing to liberty, equal rights, and popular institutions. In fact, since Joshua commanded the "sun to stand still upon Gibeon and tho moon in tho valley of Ajalon," and ''the sun stood still in tho midst of heaven and hasted not to go down about a whole day," there has been no suspension in the movements of our solur system, and none in the efforts of mankind to better their con dition. To these efforts, however, modern inventions and appliances have given a mo mentum never dreamed of even so late as fifty years ago; so that all nations feel the premure, all are moved by it, and tho United States more powerfully than any other. Docs General Grant, then, in the very front of this universal forward movement of the nineteenth century, expect to stand still ? Does he think he can rest upon his laurels ? Glorious as is tho work ho has achieved, does he think tho American people suppose their work is finished with the Union they have restored, and the peace, liberty, and prospe rity they have won ? No. Does he, then, suppose that retrenchment of expenses, re duction of taxes, and the ptyment of tho national debt will suffice for the campaign of 1872 ? He seems to think so. Here, then, we must buttonhole him for a moment, while we talk to him from the experience of an old political campaigner. You have, General, the Presidential succession at your command, and the great party of the new dispensation and of the future. The elements of both our great parties, as they stand, are only divided by side issues, small-potato politicians aud the spoils. The floating materials from both these parties are increasing, and the Repub lican paitj wants sonj viz Mea for another, forward isarcb. So far it has been the ag gressive party in great ideas, and it must still be aggressive, or it will be displaoed. Your conservative party may do as a temporary makeshift, but in a great battle against a pro gressive idea it is always a failure. The old Federal party, developed under John Adams, was a conservative party; and we need not repeat its short career against the aggressive radical Republican party of Jefferson. This Jeffersonian Republican party having finished its appointed mission, and having no new ideas to fight for, was broken up and dispersed in 1824. Thus John Quincy Adams bacauae President; but what did his excellent administration avail him against General Jackson and his cotton ba victory of New Orleans ? Those cotton bags, however, were pretty well used up in 1828, and Jackson's second election was mainly due to his war against '"Nick Riddle and his National Bank monster." Van liurencama in under the wing of Jackson, but, owing to the financial revolution of 137, he went out in the next election in a popular whirlwind, to the songs of tbe hard cider and log cubin candidate, and to the chorus of "Tippecanoe and Tyler too." Tyler, with his bank vetoes, an aggressive policy, so crippled the old Whig party that in 1844 Polk, a small politician, on the progres sive platform of "Feias and Oregon," wa4 . too much for the great Henry Clay, per sonally the most popular man of his time in the United States. In 1848, on the military glory of Pali Alto, Resaoa de li Pulma, Mon terey and Ruena Vista, ''Old Rough and Ready" General Taykr cut out General Cuss, tbe Deniocratio candidate; but in 182, on the grand idea of sectional peace on thi Blavery question, through Henry Clay's com promise measures of 1850, Pierco, an anaateur soldier and a haphazard nomination, not only defeated General Scott, the conqueror of Mexico, but utterly demolished the old Whig party. Here opens tbe new chapter of onr second Republican party. Pierce, led by the South em "seoesh oligarchy, in violating taa com pact upon which he was elected, roopano 1 with a tenfold increased heat the slavery aji tatioo, brought this Republican Anti-slavery party into the foreground, aud step by stbp, since it came into power in 18(10, it lin ad vanced from victory to victory, the great ag gressive and progressive party of the day, from the repeal of the Fugitive Slave law to the proclamation of the fifteenth amendment. Its work achieved ia a revolution in the gov taiiu.bt fcb great u& th.it of Franca ffo.a Lho old R oral on monarchy to the republic of "liberty, equality fcnl fraternity.'' This fiowerf nl party from the bloodiest civil war n human lttstory, has restored peace and tho Union without the usual afterwork of the scaffold, and while under the logio of events a "blasted nigger" holds the planta tion of Jeff. Davis, even Davis himself may freely play the lion of "the lost cause" from Maine to Texas. Rut here, Mr. President, with this great revolution completed, here is the opening for a new departure. Do yon expect to hold your ground on the merits of a careful and prudent administration? John Quincy Adams could not do it. To stand still is not in the nature of the American people, and it is a policy opposed to the universal spirit of the age. You want, General, for your party, some new legends. "Let us have peace" is good; but we have peace. We want some thing that we have not. We want some new word of progress that will ring like a trumpet through the land. We want Cuba and all that group of the West Indies; we want Mexico; we want Central America and a ship canal across some one of those isthmus passages for a short cut from New York to Shanghai; we want the line of the great St. Lawrence to tho sea as an outlet for tho rapidly accumulating, heavy products of the mighty Northwest, And we want an American settlement, do you hear, of those Alabama claims. These things are written in the book of "manifest des tiny." The book is in your hands, Mr. Pre sident, with any or all these splendid prizes at your option. You may take your choice; but in failing to choose you will disappoint the expectations of the country, and even Fenton may run you a scrub-race for the succession. A SUBJECT FOR GENERAL SHERMAN AND FOR CONGRESS. From the N. . Sun. We sincerely hope that one of the first sub jects taken up by Congress at its approaching session will be an inquiry into the condition and treatment of the enlisted men of our little army, and the manner in which reoruit- ing for it is conducted, lnat something is radically wrong somewhere is but too appa rent from the frightful number of desertions occurring throughout the army; and though it has been said that in his forthcoming annual report General Sherman will confine himself to a simple statement of facts, without making any suggestions, we trust he will at least give such emphasis to this matter as will secure for it the attention it deserves. Soldiers, as a class, are disinclined to make complaints. Tho good men silently bear with their grievances, while those less gifted with patience or the spirit of subordination simply desert as the readiest way of findin relief. These desertions take place at sta tions so widely separated as to forbid the idea of local causes of dissatisfaction. llegl ments undergoing the discomforts of a cam paign suffer by desertion scarcely more than those quartered within easy reach of the pleasures of a city. We have before us the official lists of de serters as published by the Eastern Superin- tendency in this city, between July 10 and October 20 of the present year a period of about three montus in which over hvo hua- dred deserters are advertised. But this ia not the whole number by many hundreds of those who, grown tired or disgusted, have de serted tne service, uut or the lorty regi ments of cavalry, artillery, and infantry in the army, but fifteen regiments appear to have made reports at all during this time; and even from these regiments tho reports are but partial, not comprising the whole command, except in two instances; for out of tho 13G companies of these iiiteen regiments, but 54 have fur nished reports. Five regiments of the fifteen have only one company to each reporting de sorters. It cannot be said that the want of reports from other organizations argues no deserters from them, for we find the whole ten companies in the Oth Infantry and eight of tho ten in the 5th Infantry making those reports; and it will not be supposed for a moment that the officers in those regiments are harsher in their treatment, or that the service performed by the men is more severe than in other commands. The fact is, the rendering of these reports to the Suporin tendent is not compulsory, and most organi zations make none at all. It is but fair to suppose that, were all the captains compelle to make these reports to the Superintendent, it would be found that the number of de sertions from the different regiments would avers ee about tne same. Taking these official lists as data, and averaging for all the organizations, without counting the ordnance, engineers, or West Point detachments, we find the aggregate of desertions from the army to be nearly four thousand for the year ending Oct. 20, 1870! Such a state of affairs is worse than dis creditable; it demands the closest scrutiny and the sharpest measures of reform. In deed, as matters now stand, it is seriously a question whether it would not, as an econo mical and military measure, be beneficial to the Government if the present system of recruiting were abandoned altogether, and that of hiring men as soldiers, with the expi ration of their term of service dependent on their own will and that of their employers ulways with three months' uotioe to quit substituted in its place. We have the best paid, best fed, and most eomfortably clad army in the world; so that the causes of this wide-spread demoralization lie outside the material wants of the men. If the W ar Department cannot grasp the diffi culty, by all means let Congress do it, and make army service what it should be, au em ployment to be sought after by honest, temperate, and patriotio young men, only too glad to give five of their youthful years to the service of their country in exchange for a military education, and an assured and honorable standing in the community. THE PRETENSE OF "PROTECTION." F onthtfi. V. World. We supposed that we had mide our posi tion clear enough in tbe matter of tariffs when we condemned custom-houses to perdition upon abstract grounds, and assented to their retention in a very much mitigated form for reasons of revenue. But the Tribune re quires to have it made still plainer, and demurs, in the interests of free trade, to oar proposition to compound its felony for tLe sake of saving some of the stolen goods. Here is what it says: "Why do you glvetr.e printing, grasping raon v J.oll.sla' any utlvantapu whatever? You ay, W wunt revtnne.' Onalnly, but hy ut raiao It equitably, by a tax or b per cent on nil itju c i suaeil lu tlie country, no lu.i'ler where male, Instead cf 20 per vent, on m much a 1 iuii rui 1 aud nothing at all on that produced ty 'the grind ing, grasping monopolists of this con utry V It ivit the lureigu-made iron pt t for with th prodauta of American labor? 1 not a t.ix on Imported irj l (according to your a8Uiiiptioii) tx ou tuo Ame rican coi ion, toi'iieco, pork, Jarl, s'iues, wiiaar., ere., that are eut aliroud to pay for f.ut irjaf Why, then, do you tx that Iron 29 per c jut. aid honie-niade liou nothing a) all ?'' Perhaps the course tbe Tribune suggested would be the best thing for us if we would tL it. But ea&ii'jt, fr tU. loaija. Tao tax it fccggebtd cannot Le collected without au inquisition into industry, wnion would extend the rt.iuKt, wasteful, ani dishonest system alr 'y prevalent ia the collection of the in tent. .i revenue into fields now free from it. Tl - 'Dribvne may wish more soope for a fell" me which has already made many oon i is and countless perjurers. We are free to my we don't. Shjljck found it impracti cable to get his pound of flesh without some effusion of blood. And we should certaiuly loss more, both in money, which is the life-blood of commerce, and in official an private honesty, which is the life-blood of the State, than we should make in taxes. Where fore we propose to derive revenue, for its own sake, merely from foreign imports, in such wise as shall yield the most good and in flict the least harm, instead oi continuing the present system, whereby a minimum of money goes into the treasury and a maxi mum of money comes out of the pockots of the people. And now, let us examine the consistency of tbe Tii'ninr. In the same issue which ac cuses the World of recreancy to the principle of free trade, the 1'ribime thm Asserts its own fidelity to the principle of protection: 'Hut let the Republicans frankly, promptly say, 'Yes, we did restore and maiutaiu protection to home industry ; we are proud of It, aud will stand or fall with the work of our hands, and they will rally to their standard thousands who have hitherto opposed them." What ! are you really proud of telling lies? Look here! The average duty on salt is 108 per cent, in bulk and 80 per cent, in bags. You say you have maintained protection to home industry. How is it that we imported during the fiscal year ending June, 1870, 740,910,41; t pounds of salt from foreign coun tries, amounting to $ 1,143,958. Are not your friends in Onondaga injured to that amount ? How can you say the virtuous, suffering, and industrious salt boilers of Syracuse are pro tected in their home industry when you did not protect them enough to keep the pauper salt of Liverpool, Turk's Island, and Sicily away? Here is railroad iron, the duty on which is 70 cents per 100 pounds, or 55 per cent, in average. The largest manufacturers of the home-made rails are the most eminent ad herents to the cause of protection. How, then, can you say you have 'protected this branch of home industry when you allowed to be imported during the fiscal year of 1870, f2(5,G85,G10 pounds, costing abroad .1,3'.)7, 735? How is this for protection to industry? But the work in hand, as we show, is not home protection, for that is impossible unless you prohibit importation entirely. The want you are trying to gratify is nothing less than home robbery impudent robbery of the many to enrich the few. Here is some proof: The salt consumed in this country was last year about 2r,000,000 bags, of 100 pounds each. Of this we imported 7,500,000 bags, and paid upon it about $1,500,000 into the Federal Treasury. We consumed 17,500,000 bags of home-made salt, and paid upon it about $1,000,000 to the treasuries of the few dozen salt manufacturers of this country, Ibis holds good more or less with every other dutiable thing, and the Tribune ac knowledges it when it says in its facetious query: "I see that your tariff bill Imposes a dnty of 20 per cc nt. (or whatever the rate may be) on foreign-made iron, while you assess uo tax at all on home-made Iron. Now, It the duty on foreign Iron enhances pro rata tne price or Dotn tne foreign and tne home made Iron, and If we import half a million tons, and make nt home two million tons, it seems to me that (according to your logic) you propose to take I7,r0,000 out of the pockets of the A merle in con Eumers of Iron, and give our Iron-masters ft,0O9,00i) oi it, puuingoniy i,ouo,uuo into tue Treasury." Now the robbery tariff is not a pure and simple protective tariff, for we prove that it does not protect, but it is a tariff to put up tbe sliding scale ot the robbery, as the tariff we propose is a tariff to put it down. Thus by charging 108 per cent, duty ou Bait the sliding scale robs the people of $4,000,000 for the benefit of the salt people. If the duty were reduced to 50 per cent, it would only rob them of $2, 000,000 and if reduced to 10 per cent, it would only swindle them out of a paltry $400,000. The sliding scale on pig iron was $1) during 1870, and the robbery vi the people for the benefit ot the pig-iron makers, who made, es tne inoune says, uoOjOO1; tons, wai $18,000,000 gold, or $20,000,000 currency, e once more say we wish to redaao this sliding settle robbery to its lowest posbLb'e limits, and, as we emphatically said, we oai- sct entirely extirpate the evil at once, but we do intend to mitigate it with the view of extirpating it in the end. Now let the Tri bune tell us, if the tariff now in existence manages or means to protect home industry, why its party maintains a duty of 108 per cent, on salt, which allows nearly a third of tue salt consumed to Come in from abroad? THE ELECTIONS. From Ike A". 1'. Evening JohU Everybody knows for we read it almost daily in journals like the Philadelphia f ront, the Washington Chronicle, and the New York Tribvne everybody knows, therefore, that the administration of General Grant is tho roughly pleasing to the country; the revenue is collected that is to say, the taxes are ground out of the people, and the debt is re duced with great regularity; aud this, wo are constantly assured, satisfies every wish of the people. But to a thoughtful Republican it must seem a puzzling thing, that while the people are thus delighted with the course of the ad ministration, they vote against it wherever it shows a particularly strong desire for sup port. In Missouri General Grant interfered in the canvass in the most vigorous way, in favor of McClurg, who ran as an "open aud defiant protectionist" and the administration candidate; and as a result Missouri, which gave Grant in 18bS nearly 20,000 majority, now casts 41.000 against the adoiinistration candidate. In New York, Hoffman, with the Govern ment patronage in his favor, and notorious frauds at the election, got but 27,OtH) majo rity two years ago; but this fall, with every effort of the adminibtra'ion against him, with all the offices specially arrange 1 and manipulated to Becure a Republican victory, Hud with the most honest election New York has Been for years, ll.jffuiau gets 32,00 ) majority. In like manner in special Congressional districts where tbe administration has set up a candidate, he has often been beaten. E. D. Webster, in Brooklyn, ran as the acknow ledged administration candidate; ran, too, in a district which it was believed the Repub lioiiiB could carry; had the Bupport of the 'Itilune; and was very badly beaten. In Sjracuse, Dennis McCarthy, supported by the Tribune, the Washington Chronicle, and tbe other special administration journals, could cot even secure a renomiuation; and in spite of hii jugglery with the Demoorits, was biidlv beaten iu the election. There are other tuuilur cases. Now, tLere ia in all the consideration of cottinued supremacy party. Wt v is it that this matter worthy of those who desire the of the Republican the Southern States, riLt( iM-iL.u.iJU'itKn iwaoucc u Vory potent, have Jtt so unexpected' turned rgaiuit the Republicans ? Why is it that in States like New York and Missouri, in Congressional districts like those we have mentioned, the administration candidates are beaten? It would seem that the people are not eo well satisfied aa the politicians whose basi nets it is to flatter the President have as serted. The people want something more done than the administration is doing. To collect the revenue and pay off the debt is no doubt creditable. Compared with what Andrew Johnson did, it seemed a year ago an immense achievement. We were drowning, and here came General Grant and held our chins over the water's edge and for a while we were very grateful, and did not much mind the grindstone he kept at our noses. But to have always the water up to our neoks, to have always the grindstone of taxation at our noses, is not satisfactory, no matter what the Frefrident'a flatterers say. Gratitude, in this as in other cases, is a lively sense of favors to come; and the people have in ado up their minds ungrateful as it may look that they must have something more. Tbey want the taxes lowered, they want tho tax system rearranged, they want to see in dustry reviving, they are disgusted at General Grant s subserviency to notorious hack politi cians, monopolists, and political traders of all kinds, they see with jealousy his interference in elections at the dictation of these persons, and with disgust his support of men noto riously unfit for pnblio trusts. They were promised a reform of the civil service, and they see the President dismiss ing from his Cabinet the very men who were friendly to that reform; they elected General Grant because he was independent of the politicians, and welcomed his accession to the Presidency because of his public as surances that he would not suffer the politi cians to rule; and they are bitterly disap pointed in seeing him openly complying with tho demands of the very class of political traders and managers who Lave been the bane of the Republican party, and whose predomi nance makes its greatest danger. The Republican party is necessarily the party of equal rights, of honest and economi cal government, and of reform. While it car ries out, in all the departments of govern ment, tbe ideas upon which it was fonnded, it will retain the confidence and favor of the people. But if it is to be made the party of monopoly, of privilege and favoritism; if its predominance is to be used to strengthen and perpetuate old abuses, to defend aud shield monopolies, the people will avert their faces and let it fall, in spite of its glorious reaord. EDUCATIONAL. HALLO WELL SKLECT HIGH SCHOOL FOP Young Men ard Boys, which has been re moved from No. 110 N. Tenth street, will be opened on September 13 lu the new and morn commodious buildings Nob. 118 and 114 N. NINTH Street Neither effort uor expense has been spared In fitting up the rooms, te make this a llrst-clasa 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 couault the Principal! from 9 A. M. to 8 P. M. after August 16. GEOHUK KAbTBURN, A. B., JOHN O. HOOllE, M. S., 817tf Principals, HY. LAIJF,KIIAIPM ACADEMY, ASSEMBLY BUILDINGS, No. 108 fcouth TENTH Street. A Primary, Elementary, aud Finishing School for boys and young men. Persons Interested lu educa tion are Invited to call and witness the method ot teaching and discipline practised. Circulars at Mr. Warburtcn's, No. 480 Chesimt street, or at the Academy. Open fur visitors from 9 A. M. to 4 P. M. 8ii0 JjDGEHILL SCHOOL MERCHANTVILLE, N. J., Four Miles from Philadelphia. Next session begins MONDAY, October 3. For circulars apply to 8 21 ly l5I,Tl, CATTBLL. VOUNO MEN'S AND BOYS' ENGLISH, CLASSI 1 t'AL AND COMMERCIAL INSTITUTE, No. 1S08 MOUNT VEIi.NON Street. Preparation for liusiiiess or College. Has a Preparatory Depdrtniut. Kev. J. G.jSlllNN, A. M., Principal. M amtulm LOOKING CLASSES, ETO. LOOKING CLASSES, Strictly onr own manufacture, and of warranted workmanship, at the lowest prices. ALL TIIE NEW CIIF.OMOS of Europe aud America. SWIl'S RUSTIC GOODH, invoices opercd to-day. Sole Agency for the ROGERS GROUPS. GALLERY OF PA1NTISGS, open, free at all times. JAKES S. EAR LB & S02J3. No. 816 CHESNUT STREET. ART EXHIBITION. ON FREE EXHIBITION AT CHAS. F. HASSLTIKS'S GALLERY, No. 1125 C1TESNUT ST1U3ET, BHATJN'8 FAMOUS PANOBAMIO VIEWS 01 Berlin, i'otsdain. Charlottcnburg, Coblentz, Heidel berg, Jena, Weimar, Krfurt, Erus, Badeu-lidden, Weisbaden, Brussels, Amsterdam, Waterloo, Liege Ypres, Kottennuu, Utrecht, eto. etc. A complete set of the Berlin Museums, and interior views of all the rooms in tlio various royal palacei of Prussia. Particular attention Is drawn to tne fact that In a few days loo views on the Uhlue aud Its fortlloa tions, aa never before Been, will be exhibited, u 1 CENT.'S FURNISHING QOODI. p ATENT SnOULDEK'SBAM S1I1HT MANUFACTORY, AND GENTLEMEN'S FURNISHING STORE. PERFECTLY FITTING SHIRTS AND DRAWERS made irum measurement at very short notice. All other articles Of GENTLEMEN'S DRESS GOODS in fall variety. 1H WINCHESTER k CO., No. 704 CHESNUT Street MILLINERY, ETC M R & R. DILLO NOS. 828 AND 331 SOUTH STREET. N, FANCY AND MOURNING MILLINERY, CRAPE VEILS. Ladles' and Misses' Crape, Felt, Gimp, nalr, Satin, Silk, Straw and Velvets, Hats aud Bonnets, French Flowers, nat and Bonnet Frames, Capes, Laces, 6Ukf, Satins, Velvets, Ribbons, Sashes, Oruameau nd all kinds of Millinery Ooods. 14 STEAMED OYSTER 81 HALF PKCK FOR 25 CENTS. large Stews and Panned 93 cents Saddle Rock Roast M " The Vinebt Quality of Salt and Fresh Oysters In the shell. TRIPE AND OYSTEHS. liKOli-tD OYSTBR8, KKIED OY8TBRS Especial attention given to STEAMED OY3TU1W J. jLUACII, OYSTER TLANTEtt AND DEALER, N. B. Corner NINT' p.ndCHFSnT Streets. Eating liar supplied witu aU tke dellcactei of tn uim;ii. V 2 liiauU INSURANCE.. INSURANC E COMPANY NORTH AMERICA. Jakcart 1, 1870. Incorporated 1794. Charter Perpetual. CAPITAL noo,ooo ASSETS 12,783,061 Losses paid since organization. . . . .23,000,000 Becelpta of Premiums, 1809 l,99i,S37-48 Interest from Investments, 1809 114.W614 t3,ln.M419 Losses paid, 189 l,0S5,3Se-84 STATEMENT OF TUB ASSETS. First Mortgages on City Property. United Mates Government aud other Loan Bonds Railroad, Bank and Canal Stocks Cah in Bank and Office Loans on Collateral Security Notes Receivable, mostly Marine Premiums Accrued Interest Premiums in course of transmission Unsettled Marine Premiums Real Estate, office of Company, Philadel phia 764,460 1.199,946 65.709 94T,fl'iO 8S,5f8 831,944 90,867 85,198 100,900 80,000 (3,783,651 DIRECTORS. Arthur G. Coftln. Franois R, Cope, Edward U. Trotter, Edward 8. Clarke, T. Charlton Henry, Alfred D. Jessnp, 1 'Us C. Madeira, Charles W. Cushman, Clement A. Gnscom, William H rock in. Samuel W. Jones, John A. Brown, Charles Taylor, Ambrose White, William Welsh, S. Morris Wain, John Mason. George L. Harrison, ARTHUR O. COCF1N. President. CHARLES PLATT, Vice-President. Matthias Mas is, Secretary. C. H. Kkktks, Assistant Secitary. 8 4 THE MUTUAL PROTECTION Life Insurance Company OP PHILADELPHIA Offers life policies, PERFECTLY SECURED, at lcssthan ONE-HALF TdE USUAL RATE. It Is the only Lire Insurance Company In the United States doing buslnesi on the "Mutual Classification" plan, and Its rates are so low that all classes may enjoy its benefits. THE FULL AMOUNT OF INSURANCE IS GUARANTEED. "We confidently Invite the attention of the public to the claims of this Company, assured that Its plan, ccnibtnlDg.as It docs, EJOaoMY with tae HIQHKSr DEGREE OF SECURITY, will commend It to gene ral favor. Circulars, containing full explanations of our sys tem, rates, etc. etc., can be had from any of our agents, or at tne OFFICE, No. 247 8. THIRD Street, PHILADELPHIA. JAMES H. BILL1NGTON, President. J. . Uackenbehq, Secretary. Good men wanted as Agents 10 13 thstu2m 190 CHARTER PERPETUAL. 1870. FraiiliB Fire Insurance Company Office, Nos. 435 and 437 CHESNUT St. Assets Aug. If t70$3,009(888"24 CAPITAL 400,000-00 ACCRUED SURPLUS AND PREMIUMS. 9,009,888-84 INCOME FOR 1870, LOSSES PAID IN 1869. Oil! rum j nM-t.jA LrOetf paid elnce 1839 over $5.5G0,GG Perpetual and Temporary Policies on Libera: Terms. The Company also Issues policies upon the Rent- oi an Kinus of jjuuumgu, urouna nenig, and Mot' The "FRANKLIN" Has no DISPUTED CLAIM. DIRECTORS. Alfred G. Baker, Alfred Fltler, Thomas sparka, William t. Grant, Thomas S. Ellis, Oustavus 8. Benson. Samuel urant, George W. Klchards, Isaac Lea, George Fades, AfcFRED Q. BAKER. President. GEORGE FALKS, Vice-President. JAMES W. MCALLISTER, Secretary. 1919 THEODORE M. KEG Kit, Assistant Secretary. rpiLB ENTERPRISE INSURANCE CO. OP X. rUlLiAUKUflllA. Omce 8. W. oor, FOURTH and WALNUT Street FIRE INSURANCE EXCLUSIVELY. PERPETUAt, AND TEKM POLICIES ISSUED. CASH Capital (paid up la lull) taoo.ooo-oo CASH Assets, October, 1870. 681,139-19 DIRECTORS. F. Ratchford Starr, i J. Livingston Errtnger, Naibro Fruzler, James L. Claghorn, John M. Atwood, i Win. G. Boultoo, Benl. T. Tredick. Charles Wheeler. George H. Stuart, Thomas U. Montgomer John U. Brown, James m. Aertsen, F. RATCHFORD STARR, President. THOMA- H. MONTGOMERY, Vice-President. ALEX. W. WISTKR. Secretary. JACOB E. PETERSON, Assistant Secretary. F IRS ASSOCIATION INCORPORATED MARCH 17, 1890, OFFICE, NO. 84 NORTH FIFTH STREET, INSURE BUILDINGS, HOUSEHOLD FURNITURE, ANI MERCHANDISE GENERALLY From Loss by fire (In the city of Philadelphia only) A8MKTH, JANUARY. It 1S70, il.5r3.73J TKUBTKEK William n. Hamilton, John Carrow, George I. Young, Jos. R. Lyndali, Charles P. Bower, Jesse Ugntfoot, Robert Shoemaker, Peter Armbruster; Levi P. coats, Samuel Spar hawk, 1 Peter Williamson, Joseph E. Sohell. WH. H. HAMILTON, President. m. ti. uicKinaon. SAMUEL SPARHAWK, Vico-Prenldent, WILLIAM F. BUTLER, Secretary rpHE PENNSYLVANIA FIRE INSURANCE X COMPANY. Incorporated lba Charter Perpetual. No. C10 WALNUT Street, opposite Independence square. This Company, favorably known to the commu nity for over forty years, continues to lusure agaiusl loss or aaiuaae by are on public or fnvate build- logs, either permanently or for a limited time. A No on Furniture, Stocks of Goods, aud Merchandise generally, on liberal terms. Their Capital, together with a large Surplus Fund. Is invested lu the most careful manner, wulch ena bles them to offer to the lnnurwl an undoubted seen rity in the case of losa Daulel Smith, Jr., iRaac Uazlehurst, Thomas Robins, John IVvereux. DIKKUTUIU). Thomas Smith, iii'iiry Latvia, J GUlingtiaiu FelL Daniel Haddock, , Coinlv. jrranKiiu a DAM EL SMITH, Jh., President. WM. G. Chow ill. KeurMry. ggj piAM! i N8URANCB OCM PANY No. 809 CHESNUT Street. UiOOHFOHATBD 1866. CH AHTKR PattMTTJlL. C lPITAL 1900,000. FIRE INSURANCE EXCLUSIVELY. Insurance against Loss or Damage by ctre either by Perpetual or Temporary Policies. DIKKCIOHS. Churle Richardson, Robert Pearoe. William ti. nuawD. uuilam M. beyfert, jfoliu K. Smilfl, Nathan 1)11 18, John K easier, Jr., Edward B. Or ae, Chant biokea. John W. Everman, Mor1ee.ai BiiRbv. George A. West, CUaULES iacilAIti'So.V I'rjjlddUU WILLIAM 1L RHAW.N. Vice-President. INSURANOEt J N CORPOB A TBD 1B8B. OFFICE OF THE DELAWARE MUTUAL SAFETY INSURANCE CO. Phii.a dblpri &, November t, I870t Tbe following statement of tbe affairs of tn Corn pany Is published In conformity with a provision of Its Charter: PREMIUMS RECEIVED from November 1, I960, to October 81, 1870: On ITarlne and Inland Risks. 799,419-36 in r Iranians 164,801-80 954,990 Premiums on Policies not marked off Novenibtr 1,1809. 609,489-31 1,456,799-88 PREMIUMS MARKED OFF as earned From Ntv." member 1, 1MS9. to October 81. 18T0: On Marine and Inland Risks. sso.746-79 on iire kisss 151,643 7 Interest during the same period Salvages, etc 162,500-93 1 184.79644 ITS8E8, EXPENSES, etc, during the year aa Btiove: Marine and Inland Naviga tion liOeses 1515,555-93 Fire Losoes 99,803-09 Return Premiums 81,991-69 Reinsurances 40.698-63 Ageucy Charges, Advertis ing, Printing, etc BO.tOl-40 Taxes United Suites, State, ann Municipal Maxes s3,iwo-ia Expenses 94,045-90 (875,196-97 . 309,669-47 ASSETS OF THE COMPANY November 1, 1870. 300,000 United States Six Per Cent. Loan (lawful money) 338,375-00 900,000 State of Pennsylvania Six Per Cent. Loan 214,000 00 200,000 City of Philadelphia Six Per Cent. Loan (exempt from Tax) 204,169 0 164,000 State of New Jersey Six Ter Cent. Loan 168,990-00 20,000 Pencsylvanla Railroad First Mortgage Six Per Cent. Bauds. 20,700 -W 26,0C0 Pennsjlvania Railroad Second Mortgage Six Per Cent. Bonus 35,250-00 25,000 Western Penn. Railroad Mort gage Six Per Cent. Bonds (Penn. R. R. guarantee) 90,000-00 80,000 State of Tennessee Five Per Cent. Loan 18,000-00 i,uuu Diaie oi -lenneasee ix rer Cent. Loan 12,600 Pennsylvania Railroad Com 4,200-00 10,006-00 pany, 9f.O Shares 8tock 10,006-00 o,vuu norm l-ennsyivania nauroau Company, 100 Shares Stock . . 10,000 Philadelphia and Southern Mall Keamshlp Company, 80 Shares Stock 2G1,CC0 Loans on Bond aud Mortgage. 4,800-00 4,000-00 first liens on City Properties. 261,650-00 1,200,160 Par. Market Value. .tl,293,657-50 Cost, J', 204,447 84. Real Estate 56.000-08 miiu jAeceivaoie lor insurances made. . . 930,971-21 Balances due at Agencies Premiums on Marine rouciej Accrued Interest and other debts due the ComDanv 83.S7.viT SU ck and Scrip, etc., of sundry corpora tions, tf.eso. Estimated value 8,912-00 Cash 142.911-73 1 890,727-97 Phil iDBxrrn a, Nov. 9, 1870. The Board of Directors have this day declared a CASH DIVIDEND OF TEN PER CSNT. on tbe CAPITAL STOCK, and SIX PER CENT, interest ou the SCRIP of the Comoany, payable ou and after the 1st of December proximo, free of National aud State Taxes. They have also declared a SCRIP DIVIDEND of TWENTY-FIVE PER CENT, on the EARNED PREMIUMS for the year ending October 81, 1870 certificates ef which will be Issued to the parties entitled to tho same, on and aftor the 1st or Decem ber proximo, free of National aud State Taxes. They have ordered, also, that the SCRIP CER TIFICATES OF PROFITS of the Company, for the year ending October 81, 1806. be redeemed In CASH, at the Office of the Company, eu aud after 1st of December proximo, all Interest thereon to cease on that day. By a provision of the Charter, all Certificates of Scrip not presented for redemption within five years after public notice that they will be redeemed, f hall be forfeited and cancelled on the books of the Company. No certificate of profits Issued under tvB. By the Act of Incorporation, "no certificate shall Issue unless claimed within two years after the declara tion of the dividends whereof it la evidence." DIKKCTCRS. Thomas C. Hand, Jobn C Davis, Edmund A. Souder, Joseph H. Seal, Joiut Traqualr, Ilenvy Slan, Henry C. Dallett, Jr., James U. Hind, Wil ism O. Lndwlg, Hugh Craig, John D. Taylor, Gtorge W. Beruadou, William U Houston, II. Frank Robinson, THOMAS Sunnel E. Stokes, William O. Boultou, Edward Darlington, H. Jones Brooke, Edward Lafourcade, J acob Rlegel, Jacob P. Jones, James B. McFarland, Jofchua P. Eyre, Spencer Mcllvalne, John B. 8emple, Plitsb'g A. B. Berger, " D. T. Morgan, O. HAND. President. JOHN V. DAVIS. Vice-President. Hekbt Lyibvkn, Secretary. HshBY Ball. Atw't Secretary. 11 11 17t pirEBIAI FIUK INSURANCE CO., LOKDOK. EsTABLJhUUD 1808. Fld-op Capital and AeovnoUtad Fonda, &8,000,000 IN GOLD PREVOHT & HERRING, Agents, 44 0HA8. M. Ho. 107 8. THIRD Btrnt, Philadelphia. PRHVObT UtIAtL P. QKRRIN0 ENGINE. MACHINERY, ETO. I'VFFIU PENN STEAM ENGINE AND BOILER iiSrtOUKS.-NliAFia LEVY, PRACTI CAL AND TIlMlKhTlCAL, ENGINEERS, MA. CHIN18T8. BOILKK-MAKEKS, BLACKSMITHS, ai.d FOUNDERS, having for many years been In successfdi operation. r-u1 been exclusively engaged In building and repairing Marine and hlver Engines, high and low pressure. Iron Boilers, Water Tanks, Propellers, etc. etc, respectfnlly oner their services to the putilio as being fully prepared to contract for engines of all sizeBH, Marine, River, and Stationary; having seta of patterns of dlifeient sizes, are pre. pared to execute orders with quick despatch. Everv defcriptlon oi put tern-making made at t ne shorten! notice. High aud Low Pressure Fine Tubular and Cylinder Boilers of the best Pennsylvania Charcoal Iron. Forging of all size and kinds. Iroa and Brass Canting! of all descriptions. Roll Turning, .-.crew Cutting, and all other work connected with the above burliness. DrawUigH and specifications for all work done tbe establishment free of charge, and work gaa ranieed. The subscribers have ample wharf dock-toom fot repairs of boats, (there tbey can lie la perfect sufety, aud are provided with shears, blocks, faiiji etc. etc., for raising heavy or light weights. ' JACOB C. NBAFIB, JOHN P. LEVY, 8 165 BEACH and PALMER Streata, pIRARD TUBE WORES AND IRON CO.,. PHILADELPHIA, PA, Manufacture plain and Galvanized Riil'UHT-lHuN PIPE and Sundries for Una and Steam Fitters, Plumbers, Machinists, Ka:ling Makers, OU ReUuera, etc. TWENTY-THIRD AN l F1L8EHT STREETS. OFfiCE AM) WAREHOUSE, , 81 No. ii N. FIFTH bTttEET. ALEXANDER G. CATTELL A GO. PRODUCE COMMISSION MKHCHANTI?, No. 86 NOhTU WHARVES AM J No. ti NWRTH WVrffR STREET, pmiJUjELPHIA. Al.HANnaa a. fAt-rnti. Ri.uah CAVraLK - O NK DOLLAR GOODS FOH 5 CENTS- mum uitoa a n u a, juimi'u euw
Significant historical Pennsylvania newspapers