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