THE DAILY EVENING TELEGRAPH PHILADELPHIA, FRIDAY, DECEMBER 10, 1870. b pih.it or inn mess. Editorial Opinions of the Leading Journal upon CurrentTOpios Compiled Every Day for the Evening Telegraph . HOW MUCH REVENUE, AND HOW COT LLUl'El? i rtc x. r. w.tuu The revenue resolutions introduced Ly Mr. S. 8. Cox, on Monday, are criticised bv the Kvemvff Fust with more candor thn judg ment. Mr. Cox's resolutions, as transmitted by the Associated Pross, run thus: T!oltfl, Tnat the ordinary expense of the Gov ernment, exclusive of interest t u tlo puiilic debt and a rtasouabio.smn fur the leilui'tlon of Hid prin cipal, ftlioul't not exceed tiou.ooo.ooit a year; that ihe money raised by taxation should nut exceed $!i.vum.ou a yenr. 'f li!.,iiiMi,MM to meet the Interest mil tl'.s,0:(i,oi.i) to go to liquidate t'.io principal of ii'e public debt. That the existing revenue Mysteni should he Abolished, and the bum deemed proper to le raised tv internal laxation assigned 1q just proportions to the several States, to he collected hy the authorities thereof and paid Into the National treasury. That (niport duties should ba levied with a vlw to revenue only, not for the purpose and with the eirect of protecting particular classes, trades, aud individual at the expense of the people. Titat. there are many dutiable articles, as salt, eoal, etc., which should be entirely free; aud others, such as lumber, pip iron, etc., ou which the duty should be greatly reduced; and instructing the tlLtmiiitue of Ways and Means to lurpiire into the expedience of enibolying these prlnoiplea in a bill to he repoited to the House. We liopo to find that the first of these reso lutions in niisreported, although the Post in dorses it in the form given. We suspoct an error because the resolution as it stands is mcouf-iflt nt with itself, and, if correctly re ported, is not defensible. It would be a mis take to raise !12",00(),(K)0 a year for the ex tinction of the public debt. The proposed limitation of the ordinary annual expenses to $100,000,000 is excellent. The next clanse of the first resolution "that the money raised by taxation should not exoeed .';2.'0,OUO,000 a year," has ' also our hearty approba tion, if that snm is meant to include the wMc annual taxation. But in that case, instead of 125,000,000 for interest and an equal sum for the extinction of the debt, only $2.",000,000 would be applied to the latter object. This, in our judgment, .is quite enough; and we hope to find that the total taxes proposed by Mr. Oox amount to only $2.10,000,000, of which $100,000,001) are fur ordinary expenses; $12r, 000,000 for inta reat, and the balance of $2.",000,0y0 to go to wards the extinction of the dobt. If, as wo suspect aud trust, this is the true reading of the resolution, it is unobjectionable, practi cal, and statesmanlike. Our first object should be an equitable aud well-adjmted system of taxation, with as light burdens as are . compatible with the national obligations; when such a system is once in suooessf til operation, the growth of our population will yield a constantly increasing surplus which may be applied to the extinction of the public debt. The Evening rout dissents, at some length, from the .second of these resolutions. We do not with to be understood as indorsing it; but the objections of the Pout are weak aud untenable. We insert its reasoning on the chief head of dissent: "The Constitution permits direct taxes to be ap portioned by Congress among the States, hut only lu the proportion of their representative population, but does not permit'any tuxes to be apportioned on uy other busts. "Now the t'oinmlsslouer ol Internal Revenue has roaue a careful estimate of the annual receipts or internal revenue, under existing laws, from each Slate, excluding gales of stamps; and he tells us lu tils annual report that New York, with a population of 4,370,uii0, will pay J20,63,00O per annum, or at the rate or (4-8for each inhabitant; while the six States of Texas, South Carolina, Mississippi, Ala bama, Aikanaas, and Kansas, with almost precisely the same population, will pay f 1'35,0'h), or at th rate or Si cents for each Inhabitant; less than live per nut., or oue-tweutieth, of the rate of national taxa tion in New York. "Even If it be admitted that our system of taxv Von Is peculiarly severe upon the centres of wealth aud trade, it is yet certain that this distribution of the levy is far more just than one fjunded on popu lation, under which such States as those named would have to raise three dollars for each inhabi tant, or uearly lilteen times as much as now. Till ' ia plain, if the nature of the taxes levied be consi dered. Tue.y are mainly raised from spirits, ale, tobaoco, special duties on trade, aud incomes. If ouiy the taxes on spirits, ale, and tobacco were re tained, they must needs be collected where the articles areiuanuractured, or not at all. A n1, "by a dtstrtuution among the States, on the constitutional basts, those States in which there are few manuf ac tures of the Kind, or none, would be burdened be yond cudurauce." Plausible, but foolish. This reasoning leaves out of view the obvious fact that taxes a articles of consumption are ultimately paid by the consumers. The money paid into the Treasury by the distillers, brewers, and tobacconists goes into the price of their goods. Thoy get it back from their cus tomers, and these again from their cus tomers, until at last the whole burden falls on the users of liquors and tobacco. States abounding in distilleries, breweries, and to bacco manufactories seem to pay a dispropor tionate amount cf the taxes but they really pay only in proportion to their consumption. If the people of Arkansas are as much ad dicted to whisky and tobaoco (which is pro bable) as the people of New York, they con tribute their full proportion to the revenue, even if there be not a distillery or a cigar manufactory in the State. Mr. Cox's pro posal to apportion the tax therefore in volven no stun injustice as the Post tries to set forth. Mr. Cox'a evident aim is to abolish the ex pensive system of Federal collection. Every State has necessarily its own machinery for levying and collecting taxes; and the same omoers could collect the Federal taxes with out additional expense. The I ederal system wald not be so very costly if assessors, col lectors, and detectives were appointed only where distilleries, breweries, etc , are actually located. But this would never do; because if there were large sections of the country without such officers, thy would abound with illicit distillation. It is neoessary to spread a network of revenue officers aud spies over the whole country, although the bulk of the internal revenue is collected in few localities. Mr. Cox's resolution aims to sweep away the whole expensive system, ana devolve tne coiieotion oa the State officers. The change would bring a iwoioid relief. Besides saving the compensation of the Federal tax-gatherers, there would be a still greater savins in tne cost oi taxed articles t can Burners. Take whisky, for example. The tax is paid by the distiller. He charges the dealer who buys of Lim not only the tax which he advanced, but a reasonable prout on it; and this dealer charges the next with a profit on uotn the tax ana tne preoeaing prout; a pro cess repeated at every transfer oi tne goods. until the article is enhanced to the consumer by at least double the amount of the tax For every dollar that goes into the Treasury at least two dollars come out of the pockets of the consumer. Mr. Cox would have the people pay ne more than goes iuto the Trea ury. We are not sure that his proposition is ex pedient, but &rv wiUins to. sea it ila'.sj, and to let it stand or fall as it may, or mny not, approve itself to shrewd, practicat minds when it has been thoroughly canvassed. Ap portioning taxes by this method is provided for by the Constitution, and is no novelty in practice. The Pout, in a second objection to Mr. Cox's proposition, says it involves the principle of State, coercion. This objection is shallow aud inconsiderate, sanctioned neither by constitutional law nor history. If a State does not prefer to collect a direct Federal tax, the Federal Government can ool lect it in that State through its own officers. But experience has tbiv: far shown that States in the Union prefer th collection of such taxes through their own officers. It is not robable that any State wtuld refuse to col ect a Federal tax, when the oertain conse quenco would be its collection by Federal officers. There would bo no coercion of the State authorities; they would collect the tax voluntarily, if at all; aud there is no reason to doubt they would prefer their own officers. We confess, however, that we alt ich less importance to this chnngo thnn to the reduc tion of the rovenun to a limit not exceeding $250,000,000, and a revision of the tariff upon revenue principles. Even if wo were fully convinced of the expediency of State collection, we are not sure that wo should not prefer two or three years successful operation of lower and better distributed taxes before attempting the other reform. It Las no ne cessary connection with the reduction and readjustment, and might easily be passod as a separate measure on its own merits when ever the publio judgment should deem it expedient. As it is a subject on which thpre will be difference of opinion among those who favor the other reforms, it would perhaps be Miser to disconnect it from measures with which it has only a remote alliance. We have received the Conyrexxional Ohhe containing Mr. Cox's resolution, and find that we were correct in suspecting an error by telegraph. He does rot propose to apply $125,(100,000, but only $25,000,000, annually towards the extinction of the debt. TOLITICAL DISABILITIES. Prmn the X. 1'. 7'iints. The questions involved in the maintenance or removal of political disabilities do not seem very difficult of solution. The disabili ties are not the product of viudictiveness or hatred, but arose out of the exigencies of the situation consequent upon the suppression of the llebellion. They are precautionary, not penal, in their character. Tbey were called for by the circumstances through which the country was required to pass in consumma ting the policy of reconstruction. At no pe riod has there been any general disposition to uphold them a day longor than they appeared to be essential to the application aud snooess of a broad national policy. The most influ ential Ilepublican Senators and llspresenU tives have again and again affirmed their de sire to remwve all disabilities, so soon as the condition of the country rendered the pro ceeding safe. Tho convention which nomi nated General Grant for the Presidency placed the whole question on that ground. It affirmed the wisdom and justice of amnesty, leaving the matter of time for the considera tion of the party in Congress. It is idle, then, to dwell on the abstract merits of amnesty. The Senators and ltep resentatives who discuss pending proposi tions as though some great favor were to be conferred, forgot that the Republican party has already proclaimed the expediency of the course sustained in one branch by Mr. Sohurz and in the other by Mr. Famswofth. The resolution offered by Mr. Schurz covers the whole ground: ''Resolved, That the qualifications and disabilities Imposed upnn persons lately in Rebellion against the Government of tho United States were dictated by Imperative public necessities, and not bv a snirit or hatred or vindictiveness. aud that as' noon as such public necessities ceasu, duo regard for the iiinoauieuiai principles oi our system or govern ment, as well ns every consideration or souud statesmanship, demands the removal of those dis- qua'ltications and disabilities." When the time comes for action, the con siderations which dictate the removal of dis abilities also dictate the doing of it in the most acceptable manner. It is possible to spoil a measure in itself intended to be bene- noial by exacting ungenerous conditions, or by displaying a grudging, vindictive temper. it amnesty is to be granted at all, let it be granted graciously. Beservations and provisos aimed atpartijular classes of inlluentiai men take from the pro ceeding all semblance of magnanimity. If it is not prndent to restore tho entire South to the full privileges of citizenship, let the case be so understood. Those concerned must abide the advent of a more auspicious day. On the other hand, if we have reached a point at wnicn danger to tne Union may ie con sidered passed if we oonolude that the con dition of things anticipated by the Chicago Convention has been reached, and that am nesty may therefore be conceded without fear then let the belief be so tendered that Jt shall help to obliterate the remnants of ill leenng, as well as to perfect the restoration of the Union. Judged by these standards, General But ler's bill is most objectionable. Either it goes too far, or it docs not go far enough. Practically it Acknowledges the expediency of amnesty. Its operation, however, is so fet tered by conditions that it will aggravate tue irritation it is intended to allay, and so frus trate the very purpose of the policy to be applied. It will intact more woundJ than it will heal, and w ill be regarded by a large body of the Southern people as an insult, rather than as a pledge of reconciliation and peace. Has the time arrived wli6n any legislation on the subject is desirable? It isforCou gress to supply an answer. Missouri, which tuore than tny other State has tested the effi cacy of disabilities, has pronounced in favor cf their removal. We believe that the pre vailing opinion throughout the North an 1 West, even among ltepublicans, sustains that decision. The conviction gains ground that proscription is no longer necessary, and that the bout)?, haviDg bten restored to Us place in the Union, should be made to feel that the animosities kindled by the Ktbelliun are fust dying out. The Union is sale now, without the aid of disabilities. Those who still sull'di' from them are not thereby divested of in fluence. The status which marked them oiU for proscription confers upon them social and political weight, whether there be auinssty or not. Shidl we provoke those men into unrelenting enmity by exaluding them from tLe privileges of citizenship, or constitute them living examples of the generosity an I conscious trcngth of Bepnblicin statesman ship '( NEW JEUSEV. fraii tie X. i'. Triiunt: Tie revolution recently wrought ia New Jersey, whereby a Republican delegation in Congress, in Senate, in Assembly, and a decided popular majority, are secured, curry ing with them a United States Senator for six years from the 4th of March next, from a State which gave a majority of thousands against Lincoln and against Grant, will prove I'triuaactt truasiiory asdic U tU9 spirit in which its opportunities are improved. If the new Legislature shall prove as oorrnpt and as facile an its predecessors to the be hests of the great railroad corporations which have hitherto ruled and shamed the State, then the story of Republican asoendenoy will soon be told. If the people shall disoover that their interest is held paramount to the banquets and bribes of the chartered mono polists, they will take oare that the authors of this salutary change shall not soon give place to the tools of the great companies. Nearly half the area of New Jersey is to day unimproved. Millions of aoros of warm, facile, level land, which ought to be growing vegetables and fruits for the great cities on either side, are surrendered to scrub oaks aud stunted pines, and scarcely more useful to mankind than when this whole country was peopled by naught but red savages three cen turies ago. The noil of South Jersey is, for tho most part, light and thin, and needs heavy applications of fertilizers to fit it for profitable culture. The marl which will ren der it productive underlies in abundanoe a considerable portion of that region: but its great bulk renders the use of railroads indis pensable to its adequate distribution. Tho farmer who must wagon his marl over deep, clogging, sandy tracks through the wilder ness for ten to twenty miles, rarely or never does or will apply enough of it to fit his land for growing the crops which his markets re quire. Quite often, he scratches a bare sub sistence from n hundred acres, when a tenth of it, adequately fertilized, would insure him a generous income. Thousands after thou sands have given up in despair and migrated to the West, abandoning lands on which crops might bo grown us amply and cheaply as in the great ynlley and eold for twice as much, if they had enjoyed facilities for cheaply fertilizing their lands from the marl beds not twenty miles distant. The needed railroads would be rapidly con structed if the legislation of the State f avared the-ui. What is needed is a general law author izing, under proper safeguards, such roads to be built wherever capital can be found to construct them. ' If this consummation can be hastened and assured by a prospect of sharing in the enrrying trade between this city and Philadelphia, the interests of New Jersey imperatively demand that this pros pect be held out. Had there never been a monopoly of this trade accorded to the Cana dian and Amboy combination, there would Lave been not less than four through lines in operation this day, as there are four distinct lines (by Hartford, by Norwich, by Provi dence, and by Fall River) between this oity and Boston. Under this policy, the popula tion of New Jersey by the ceusus would have been at least a qnsttor of a million more than it is, her aunnnl production one hundred millions greater, and her wealth immensely nire. The payt cannot bo recalled ; but the monopoly has expired by limitatioh; and it should now be established, as a corner-stone of New Jersey's policy, that wherever capital can be found to construct a railroad, there it may bo constructed, and may carry all that offers on such terms as the parties may agree upon. The great companies are powerful and wealthy. They can afford to spend half a million per annum at Trenton to maintain for a season their gainful monopoly. They need no re-enactment of that monopoly in terms; it will serve them to have each suc cessive Legislature bribed not to charter any road that can compete with them for the through traffic. The people will comprehend this, and will scrutinize the non-uction as well as the votes of the two houses and their Railroad Committees. As to the election of a United States Sena tor, let the first man who offers, no matter bow obliquely, to pay money for votes, be exposed and rendered infamous. The State needs her strongest man in the Senate one who w ill be heard and felt in opposition to the pending attack upon the policy of pro tection to home industry. Through all her mutations of politics, New Jersey has stood firmly by the policy of protection, and her recent rapid growth in population and wealth is largely due to the triumph of that polioy. Other States have some leading interest iron, cotton, woollens, or some other New Jersey has a hundred diverse branohes pot tery, glass, rubber, cotton, silk, saddlery, etc., etc. which separately maybe weak, but collectively are potent; and their prosperity depends upon the maintenance of protection. That her voice in the next Congress should be heard and heeded by the whole country is the dictate at once of her well-being and of her just renewn. SPECIAL. NOTICES. jy- PHILADELPHIA AND HEADING HAIL LOAD COMPANY, Olllco No. 227 S. FOUHTII Street. Fnii.APKi.rnu, Nov. 30, 1S70. DIVIDEND NOT1CH. The Transfer Cooks of this Company will be closed on Wednesday, the 14th of December next, aud re. opened on Tuesday, the 10th of January, 1871. A dividend of FIVK PER CENT, has been de clared on the Preferred and Common Stock, clear of State tax, payable in cash on the 27th of Decern ber next to the holders thereof, as they shall stand registered ou the books of the Uompauy at the close of business on the Hta ol December. All payable at this otllce. All orders for dtvldcud must be witnessed and BtampiHL S. DRADFOU1), 12 1 uw Treasurer, t- OFFICE OP THE PENNSYLVANIA . KAILHOAD COMPANY. PHiLADKi.ruu, November 1, 1370. NOTICE TO SHOCK HOLDERS. The Hoiird of Directors have this day declared a genii-auimul dividend of FIVS FEU CENT, on the capital Stock of the Company, clear of National and Kta'e tax-, payable In cast, on or after November 30, ISiU. Ulan!; powers of attorney for collecting dividends can be hud at the oillce of the compiny. The olliee will be opened at S A, M. aud closed at 3 P. M., from November 30 to December 3, for the pajmi-nt of dividends, and after that date from 9 A. SI. to 3 P. M. TUOMAS T. FIRTH, 11 1 2m Treasurer. ,,-v- pini.AHEi.pniA and readino rail- " KOA D C 4l PAN V , Olfloe. No. v!7 S. FOLRTH street. Notice Is hereby given to the Wockholders of this Company that the annual meeting and election for President, six Managers, Treasurer, and Secretary will take place oh the second VON" DAY dth) of January next, at 12 W. V M. H. WEliB, 12 15 tjau 9 Secretary COMMONWEALTH NATIONAL BANK. l'im,lEI.citlA, Decembers. IS70. The annual election for liiivciora of this Bank will be held ul the BankiuK House on TLKSDAY the HUD day of January next, between the hours of 11 o clock a. aj. ana 2 o clock r. m. 12 J ftu tjbi H. C. YOUNG, Cashier. CORN EiCHAMlE NATIONAL BANK. Philadkli-uu. Doc. 8. 1870. The Annual Election for thirteen Directors of tills bunk will be hclil at the Bauklng House, on TUES DAY, January lit, lsii, between the hours of 10 o'clock A. M. aud 2 o clock p. M. H. P. SCHETKY, 12 ftu tjlO Cashier. NOTICE OF APPLICATION FoU'PAJt- DON. Application Is abuut to be made to his Excellency John W. Geary, Goveruor of the Commonwealth ol Pennsylvania, for a PAKD.iN lor JOHN HAi-NAN. .1k., convicted of Urcs.iv, and SPECIAL. NOTICES. gftsT" T11R AMERICAN BUTTON-HOLE, OVER. BEAMlNtl AND SEWING MACHINi COM PANY, OlTloo No. 1318 CUES NUT Street. PHii.Ansi.rRiA, Deo, 13, 1570. DIVIDEND NOTICE. The Transfer Books of this Company will be oloscd on THURSDAY, Dec. Sid, and reopened on MON DAY, the 8d day of January, 1871. A dividend Of TEN PER CENT.'hai been de clared on the capital stock of the Com pant, e'ear of State tax, payable In cash on the 23th day of Decem ber next to the holders thereof as they shall stand registered on the books of the Company Ht the close of uslness on the 22d of December, payable at this office. All orders for dividends must he witnessed and stamped. W. U. MEtfDENIIALL, 18 14 13t Treasurer. liV- FRENCH BAZAAR m T.'twt rrifo i w r w in r i ilia Ds-ioiru yji: THE VICTIMS OK THE WAR IN FRANCE. To be held at CONCERT HALT., from December the 14th to December the 21th, CHRISTMAS KVK. An appeal Is respectfully made to Philadelphia, the State of Pennsylvania, and all other States, to contribute in gifts or money towards our Bazaar lu ih'uhu oi me nunerers in Frauce. The ladies in charge of tallies will gratefully receive any dona tions made In favor of the country ol Lafavet.te and hochambeau. ADKLE PI COT. President 12 2 tf C. JACOB, Secretary. svy- OFFICE BUCK MOUNTAIN COAL COM- J-UII.AIiKl.l-IllA, Dec 14. 1870. The Board of Doctors have declared a Dividend of THRKK PE' CENT., clear of State tax, payable on the Stth lust. Trausfer Books will close on the o;h Inst, and reopen on the2sth. F. 11. TROT TKR, 12 14 wfmut Treasurer. fc-Sf- FARMERS' AND MECHANICS' NA- iivvaij AJ . it.. Pitii.ADKi.pitiA, Decembers, 1S70. The annual election for Directors of tnis P ink will bo held at the Banking House on WEDNES DAY, the llfh dav of January next, between the hours of 11 o'clock A. M. and 2 o'clock P. M. 12 S tjU W. RUSHTON, Jr., Cashier. THE BOARD OF DIRECTORS (IK THE T1TIIT.r'tI V a t f t'V Dili tufl t 11 v n I V V ijUtlitlll I Aliliiil i rm. Ill TJ t 1 1 VU.U1 A .1 I have declared a dividend of TWO AND a HALF PERCENT., payable at their oillce. No. no:t WAL NUT Street, upstairs, ou slid after TUESDAY, December 20, 1S70. ii46t i. vii AiVioiKiAt?i, Treasurer. Ky- NOTICE IS lIEHEUi GIVEN THAT AN application will be uiado at tho next meeting of the -teneral Assembly of the Commonwealth of Pennsylvania for the Incorporation of a Bank, in accordance with the laws of the Commonwealth, to be entitled THE NATIONAL BANK, to be located at Philadelphia, with acspiuU of one hundred thou sand dollars-, with the right to Increase the same to one million dollars. jjy- SOmilWAlIll NATIONAL HANK. Pun A 1.11 i.itr. Iki..i 1 rt 1U7A The annual election for Direc.tors'wlli hc'heldat the Banklrg-house on TUESDAY, January 10, between the hours of 10 o'clock A. M. aud 12 o'clock M. 1212 mwf tjio P. LAMB, Cashier. 1NOT1C1S IS JIKKKIIX HtVEN THAT AN application will be made at the next meeting of the General Assembly of the Commonwealth of Pennsylvania for the incorporation of a Hank, m ac cordance with the laws of tho Commonwealth, to be entitled THE ANTHRACITE BANK, to be located at. Philadelphia, with a capital or live hundred thou sand dollars, with the right to increase the same to two minion dollars. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. TREGO'S TEABERKY TOOTHWASH. Sold by all Dtuggists. A. M. W1LSOV, Proprietor, S 3 10m NINTH AND FILBERT St.. Phllada. NOTICE 18 HEREBY GIVEN THAT AN application will be made at the next meeting of the General Assembly of the Commonwealth of Pennsylvania for the lncomoration of a Bank, in ac cordance with the laws of the Commonwealth, to beeutuied tiik American uaciianun iiank, to be located lit Philadelphia, with a capital of two hundred and fifty thousand dollars, with the right to increase tne same roono muuou uonars. tfjS- BATCH lSLOK'S 1IAIK DYK. THIS SrLKN- did Hair Dve is the best in the world, the only true and perfect Dye. Harmless Reliable Instan taneous no disappointment no ridiculous tints "Vof tint tontain Lead nor any Vitalio Voimn to t n- jvre the Hair or Sjntenu" Invigorates the Hair and leaves it sort and beautiful : mack or lirown. Sold by nil Dm agists aud neuters. Applied at tn Factory, No. 16 BOND Street, New York. 14 27 m wfi y- 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 accordance with the laws of the Commonwealth, to be entitled TUE IKON BaNK, to be located at Phi ladelphia, with a capital of oue hundred thousand dollars, with the right to increase the samu to one million dollars. H- TIIK UNION FIRE EXTINGUISHER COMPANY OF PHILADELPHIA Manufacture and sell the Improved, Portable Fire Extinguisher. Always Reliable, D. T. GAGS, B BO tf No. 118 MARKET St, General Agent gSNOTICB 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, lu accordance with the laws of the Commonwealth, to bo entitled THE STATE OF PENNSYLVANIA BAN K,to be located at Philadelphia, with a capital of live hundred thousand dollars, with the light to ncrcase the same to tea lntllllon dollars. "rnrF. R. THOMAS, No. 911 WALNUT ST., formerly operator at the Colton Dental Rooms, devotes his entire practice to extracting teeth with out pain, with fresh nitrous oxide gas. 11 17t 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, la accordance with the laws of the Commonwealth, to be entitled THE KEYSTONE STATE BANK, to be located at Philadelphia, with a capital of two hun dred and bay thousand dollars, with the right to Iucrea.se the same to live hundred thousand dollars. VVATCHE S. JEWELRY, ETC. TOWER CLOCKS. u. iv. in f Ko. 22 NORTH SIXTH STREET, Agent for STEVENS' PATENT TOWER CLOCKS, both Remontoir h. Graham Esoapenient, striking hour only, or striking quarters, aud rcpeaUug hour on full chime. Estimates furalshed on application either person ally or by man. 5 25 o WILLI AM B, W A it NE A C O.T 7V Wholesale Dealers lu WATCHES, JEWELRY, AND 32 ly SILVER WARE. Second floor of No. C32 CIIESNIT Strwt, a B. corner SEVENTH and C1IESNUT Strwts. - WHISKY, WINE, ETC. & fUl cC ALL, Ko. 128 Walnut and 21 Granite Bts IMPORTERS QJt Brandies, Wine, Gin, OUti Oil, Etc WHOLES A L DEALERS. IN PURE RYE WHISKIES IS BCKD AND TAX PAID. H!p4 J. T. K ASTON. . M'MAHOK. T7ASTOI1 Ac mcJIAIIOH, SUiPPlXO AXD COMMSSTOX ttKRCHAXTS, ''AW Alfu nyaaiaoiuj MiKnvuA.su o. COKNT1HS SLIP. New York, so. 18 SOUTH WHARVES, PhUadelphla, so, 43 W. PRATT STREET, Baltimore. N N We are prepared to ship every description ot Freight to Philadelphia. New York, WUmlcgum, anc Intermediate points ltu promptness aud despatch, t anal Boats and s;ain-tugs f uruiahed at the shortest insurance; INSURANCE COMPANY OP NORTH AMERICA. January l, 1870. Incorporated 1794. Charter Perpetual. CAPITAL tWW,oo ASSETS $2,7S3,BSl Losses paid since organization. 123,000,000 Receipts of Premiums, lso H.M1.88TMS Interest from Investments, 1SC lH,Wfl-74 12,106, M4-1I ..1 1,035,336 4 Losses paid, 1969... STATEMENT OF THE ASSETS. First Mortgages on City Property 766,4C0 United States Government and other Loan Bonds.. l.m. Railroad, Bank and Canal Stocks , i,708 Cash in Bank and Offlce 247 620 Loans on Collateral Security f&Ott Notes Receivable, mostly Marine Premiums S31 ,944 Accrued Interest 20,337 I'remlunis in course of transmission sn.ivs Dnnettled Marine Premiums 100,900 Real Estate, offlce of Company, PhUadel phla 30,000 $i,7S3,6Hl DIRECTORS. Arthur O. Coffin. Samuel W. Jones, John A. Brown, Charles Taylor, Ambrose 'White, William Welsh, 8. Morris Wain, ' John Mason, George L. Harrison Edward H. Trotter, Edward S. Clarke, T. Chnrltan Hetirv Alfred D. Jessup, Louis C. Madeira, Charles W. Cushmaa, Clement A. Gnscom, (l'lll i .. bM..kl i iiiiniu f.Mui;iiit9, CHARLKS PLATT, Vice-President Matthias Max is, Secretary. C. H. Khsvks, Assistant Sccietary. 34 1829. CHARTER perpetual. 1870 Frartiir Fire Insurance Company OF PHILADELPHIA. Office, Nos. 435 and437 CIIESNUT St. Assets Aug. I l,70$3i009,888,24 CAPITAL 4OO,0O0 -00 ACCRUED SURPLUS AND PREMIUMS. 2, 009,343-24 INCOME FOR 1S70, JS10.000. LOSSES PAID IN 1869, im.aoatl. Locm paid ciince 1849 over Perpetual and Temporary Policies on Libera: Terms. The Company also Issue policies upon the Kent; of all kinds of Buildings, Ground Reuts, and Mor gaircs. The "FRANKLIN" has no DISPUTED CLAIM. DIRECTORS. Alfred G. Baker. Airred Fitior, Thomas Sparks, William S. Grant, Thomas S. Kills, Gustavus S. Benson. . Samuel Grant, George W. Richards, Isuac Lea, George Fales, ALFRED O. BAKER. President GEORGE FALES, Vice-President JAMFS W. MCALLISTER, Secretary. 13 19 THEODORE M. KEGER. Assistant Secretary. ASBURY LIFE INSURANCE CO. Iff 23 w -o mi. LEMUEL BANGS, President. . GEORGE ELLIOTT, Vice-Pres't au J Sec y. EMORY McC'LINTOCK, Actuary. PENNSYLVANIA. STATE AGENCY, JAME8M. LONGA CUE, Manager. II. C. WOOD, JR., M. D., Medical Examiner. Office, 302 WXHUT St., Philadelphia. REV. 8. POWERS, Special Agent. JAMES M. LONG ACRE, General Agent, 5 23 niwfly No. 304 WALNUT Street, Philadelphia JpiRJE ASSOCIATION INCORPORATED MARCH 17, is). OFFICE, No. 34 NORTH FIFTH STREET, INSURE BUILDINGS, HOUSEHOLD FURNITURE, AM MERCHANDISE GENERALLY From Loss by fire (in the City or Philadelphia only) AfXSKTM.lJANl'AKY 1, 1S70, Sl,37,74 TKLNTKK. William n. Hamilton, John Currow, George 1. Young, Jos. R. LyndaU, Charles P.-Bower, Jesse Ughtfoot, Robert Shoemaker, Peter Armbruater, M. H. Dickinson. Lvl r. uoaia, Samuel bparhawk, ' Peter Williamson, Joseph E. SchelL WM. n. HAMILTON, President. SAMUEL BPARHAWK, Vice-President. WILLIAM F. BUTLER, Secretary THE PENNSYLVANIA FIRE INSURANCE COMPANY. Incorporated lSia Charter Perpetual. No. 610 WALNUT Street, opposite Independence Square. This Company, favorably known to the commu nity for overVoi ly years, continues to insure against loss or damage uy fire on l'ublic or Private Build ings, either permanently or for a limited time. Also ou Furniture, Stocks of Goods, and Merchandise generally, on liberal terms. Their Capital, together with a large Surplus Fund, Is invested In the most careful manner, which ena bles them to oiler to the Insured an undoubted soon nty m Uie case of loss. D1KE VKg Daniel Smith. Jr.. Thomas Smith, Isaac UuKlehurst, Thomas Robins, John Devereux, neury iewis, J. GUllngham FelL . Daniel Haddock, Franklin A tmiy. DANIEL SMITH. J.. President. WM. G. Crowbli, becitfcary. 8 30 THE ENTERPRISE INSURANCE CO, OF PHILADELPHIA. Olflce S.W. cor. FOURTH and WALNUT Streets. FIRE INSURANCE EXCLUSIVELY. PERPETUAL AND TERM POLICIES POSITED, CASH Capitol (paid up in full) l&XM)0'O0 CASH Assets, Dcuctuber 1, 1910 t'JOO 38S-24 DIRECTORS. F. Ratchforrt Starr, J. Livingston Erringer, Naibro Frazler, James L. Cloghorn, John M. Atwood, W'm. G. Bonlton. BtnJ. T. Tredick, Charles Wheeler, George H. Stuart, Thomas U. Montgomer John U. Brown, James H. Aertseu. F. RATCHFORD STAR It, President. TUOMA H. MONTGOMERY, Vice-President. ALEX. W. WISTKK, Secretary. JACOB E. PETERSON, A as Inland Secretary. pAMS INSURANCE COMPANY No. S0 CHESNUT Street. IKCOKPOttATED 1SC6. CHARTER P1KPBTCAU CAPITAL 1200,000. FIRE INSURANCE EXCLUSIVELY. Insurance against Loss or Damage by Klra either by Perpetual or Temporary Policies. DlUfcLOHH. Charles Richardson, Robert Pearce. William ii. Knawu, William M. Seyfert, John F. Smith, Nathan Hilles, John Kesaler, Jr., Edward B. Orue, Charles Stokes. John W. Everman, Mordocal Buzhy. George A. West, ruiiiiiva DtlT . unci V Dr.ui.l.nt WILLIAM 11. RUAWN, Vice-PreaiiUnit. Williams L Blajchaki Secretary. T iw TMPERIAL FIRE INSURANCE CO., LONDOH. ETAUIJmUfcl 1M8. fiid-np OtfiUl tad ACr.amaUt4 ft" aula. 6S.OOO.OOO IN G O L. u. PREVOST A HERRING, AgenU, 49 Ho. lirT B. TU1SD BtrMt. PbiUd.lt. CXUB. SL f-AXVOftT CUA, F, U&m INSURANCE. INSURANCE COMPANr OP NORTH AMERiOA JANUARY I. 1070. Incorporated 1794. Charter Perpetual. Capital 8500,000 Assets 82,783,531 y. Losses Paid since- organiza tion $23,000,000 EeceipU of Premrams,69, $1,991,83745 Interest from Invest ments, 1869 114,69674 ? $2,100,53419 Losses paid, 16S9 $1,035,38684 STATEMENT OF THE ASSETS. First Mortgages on City Property 1 764,45t United States Government and other Loan Bomla. l,1tS4 Railroad, Bank, and Canal Stocks 6I98 Gash In Bank and Office S47.6M Loans on Collateral Security., Ji.KH Notes Receivable, mostly Marine Pre miums S21.944 Accrued Interest ; W),srn Premiums in course of transmission ... 85, 19 Unsettled Marine Premiums 100,90 Real Estate, Offlce of Company, Phila delphia jo.osc Tolnl A.wrti Jon. I, 1S70 847S.'I,ML r)IRI-:CTOKH, ARTHUR G. COFFIN, , SAMUEL W. JONES, JOHN A. BROWN, CHARLKS TAYLOR, 'AMBROSE WHITE, .WILLIAM WELSH, ' S. MORRIS WALN, JOHN MASON, FRANCIS R..OOPB, EDW. H. TKOTTE8, EDW. S. CLARKE, T. CHARLTON HENRY, ALFRED D. JESSUP, LOUIS C. MADEIRA, CHAS. W. CUSnMAN, CLEMENT A. GRI8COM GEORGE L. HARRISON, I WILLI AM BROCKIE. A Kill l!l . COFFIN, PBE3IDENT. ciiaicim: PI4ATX, VICE-PRESIDENT. MATTHIAS 0IAKIM, Secretary. felOUun C. II. RF.KVICM, Antdxtant Nerretary. II IS PBOT1DBH X. PROVIDENT Life and Trust Co. OF 1MIII.A11.I.IHIA, No 111 South FOURTH Street The dividend received by a policy-holder Is the ditlcreuce between th tuUual curt of iusurauce and tho premium paid. This company Is expressly re quited by its charte Tto divide every dollar of sur plus thus arising among its policy-holders. It la therefore puicly mutual. , The Nw York report for 1970 shows that the as sets of this compunv are ia the pronortion of l-Wt to every ft of liabilities, thus Insuring perfect relia bility. It has received the approbation of the most learned actuaries, and is endorsed ant recommended by many of the most t romineut scientific and publio men In the United States. An Institution of a simi lar kind in England, the Frienda' Povidont Institu tion, has been wonderfully successful. Its advantages In every respect, both as to sa'ety, cheapness, terms or policies, etc., are not excelled. The prudent and economical management of Its business, combined with the remarkable average longevity of its members, commends it to the con tldt nee and favor of all classes of whatever denomi nation. Call or send for circular, easy company to solicit!.! or. Agents wanted. An 8 li eos55p ART EXHIBITION. ON FRE EXHIBITION AT CHAS. F. HASELTINE'S GALLERY . Ho. 1125 CHESNUT STREET, BRAUN-S FAMOUS PANORAMIC VIEWS Oi Berlin, Potsdum. charlottenburg, Cobienrs, Heidel berg. Jena, Weimar, Erfurt, Ems, Badeu.Baden, Wetsbaden, Brussels, Amsterdam, Waterloo, Liege Ypres, Rotterdam, Utrecht, etc etc A complete set of the Berlin Museums, and Interior views of all the rooms in the various royal palaces Of Prussia. Particular attention Is drawn to the fact that In few days loo views on the Rhine aud Its fortlflca tious, as never before seen, will be exhibited. 111 LOOKINQ CLASSES, ETC. J ESI II ABLE AKD ELEGANT GIFTS FOR CHRISTMAS. PICTURES of every character. Engravlnrs, Chromos, etc. etc: New Moonlight Photographs; Views in Southern India. LOOKING-GLASSES. SWISS CARVINGS, embracing almost every thing, at moderate prices, nutting iroiu 6Uc up wards. Direct importation from luterlaken.. Ttio celebrated ROGERS GROUPS, Sole Agency. Two new subjects now re&dy. PORTFOLIOS. EASELS. New 1'oIltwtUnds, with our excellent patent fastening. EARLF.S' GALLERIES, open at al tirus, free. No. 816 CHESNUT SIRE ET. QLD OAKS eEMETERY COMPANY OF PHILADELPHIA. Ill's Company is prepared to sell lots, clear of alt encumbrances, on reasonable term. Purchasers caa see plans at the oillce of the Company, NO. 618 WALNUT STREET, Or at the Cemetery, where all Information needed will be cheerfully given. By giving notice at the offloe, carriages will meet ! persons desirous of purchasing lots at Tioga Station on the Gcrmantown Railroad, and convey them ts i the Cemetery and return, free of charge, i ALFRED C. HA KM Eli, President j MARTIN LANDENBERGEH, Treas. ; MICHAEL NISBET, Sec'y. 10Bwfmm C'll.'KR, CHAMPAGNE CIDER (EXTRA C;UAL. itvi, VLu: cattle or by the Barrel. HENRY F. NIEMANN, 12 14 4t No. Ids S. WATER Street. KICKMAKi:i:S' CI.AY-SPADES AND TOOLS, Mil'.et s make. No. soK S.Kit Til Street 1291m" OYSTER KMXES OK FINE Ku. sou & ru'nisw I
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