TH i3 DAILY-. KVKM IN G TELEGRAPH PHILADELPHIA., THURSDAY, DECEMBER 29, i370
LEh KAISKJi VON DEVT8CULAAD.
r,cm tit xw'cn Bpertntfir.
How litt'e the world changes ! Hark once
ft&in to the shouts of the chiefs of the tribes
m they raise Tchengis Khan on their shields
on the field of battle, and salute him Emperor
f the World 1 That is one view of this eleva
tion of King William to the Imperial throne,
and a poetical one; but then it is also a cyni
cal and a partially untrue one. It would be
far truer to fall back on much more prosaic
morality, to repeat a sentence which would
do for a copybook, and say, see how far one
gets by the aid of even a humble evrry-dny
virtue like fidelity , to one's work; or to
contrast, after Hogarth's fashion, the H aps
bnrgft and the Ilohenzollerns, the Idle
and the Industrious Apprentices to the trade
of governing mankind. The condition of
existence for the Kaisers after the Thirty
Years' war ended, was that they should be
come again what the Roman Cn;sar was sup
posed to have been the large-hearted arbiter
of mankind, the ultimate judge to whom na
tions when wronged oould appeal, a sove
reign to whom kings oould bow without loss
of dignity, or fear that the decision would be
aright but a fair award. That was the raixon
d'etre of that "Iloman" Kaisership of which
the House of Austria was so proud, of that
pretension to such precedence among sove
reigns as a sovereign has among his nobles,
of that antique and stately ceremonial which
conquering kings 'strove in vain to
relax, and which popes could not
break through. The Iiapsburg Kaisers
saw this was their function, always
claimed this position as theirs, and persist
ently refused to perform the work for which
this transcendent state was assigned to them.
Great or little, Charles V or Charles VI,
reformers like Joseph or reactionaries like
Francis, they were steadily selfish, perse
veringly unjust, unanimously narrow, gov
erned kindly only in their own States, used
their semi-divine claims to obedience only
to aggrandize themselves; could no more be
trusted to arbitrate between States, or creeds,
or even men, than the most corrupt of judges
or the most fanatic of priests. They could
!e bribed into injustice by the hope of ter
ritory, driven into it by the threat of a
bishop, or deluded into it bjjany worldly-wise
and flattering diplomatist. And so, when
the first Btorm came, they saw they had no
meaning, and resigned that wonderful "llo
miache crown, link of the old and new
civilizations, symbol of the claim to the
fie jure sovereignty of earth, and slunk away
mere Kmparors of Austria; and when the
second storm came were driven even from
German position, flung out of Germany,
made to resign even the hope.of primacy
among their former vassals. The condition
of existence for- the Ilohenzollerns, on the
other hand, with their long strips of sandy
provinces and four millions of people and ab
sence of all hereditary rights, was that they
should work at their trade of ruling like mill
owners, or traffic-managers, or non-commissioned
officers; should organise their ''hands"
so as to get the largest amount of result from
the smallest amount of expense, should ,ac
cumulate and not squander property of all
kinds, should actually do the work they were
made kings to do. Up to their lights they
did it all faithfully, laboriously, persistently.
They drilled their handa with each stern
steadiness, and yet such justice, so far '.s
either of them knew justice, that, they wve
obeyed as if served with machines, and yet
with devoted willingness. Their armies,
badly paid, cruelly disciplined, little
rewarded, fought for them as the
. soldiers of great monarchs have seldom
fought; their greatest leaders, men who had
won pitched battles, bore rebuke like chil
dren; their half-starved, close-watched civil
servants actually governed as few bureaucrats
attempt to govern; their diplomatists, unre
warded with rank or wages, or even praise,
tricked or threatened, bullied, or cajoled,
with unrivalled fidelity and success. The
line never produced in it a man of genius
for even Frederick was but a fair general of
division and able manager of property but
every man of it save one gave himself to his
labor, worked at his trade, would have effi
ciency, and did have it; would be master,
but never took master's ease; if he got a new
property, made it a reason not for enjoyment,
but for toiling the more on that. Their
ideal, a state organized like a camp or a fac
tory, was not perhaps a high one; but it was
honestly their ideal, and they realized it by
means which, though often utterly bad, were
but once bad by the standard of their own
age, or of that sturdy "bacon-and-greens
conscience" by which the most of
them were guided. The one infidel
among them died worn out with toil, never
having done less than eight hours' work a
day. The one dreamy mystic among them
rejected the Imperial throne when actually in
his hand, because he thought only kings had
a moral right to give it him! And now the
hour having arrived, the simplest, solidest,
perhaps even stolidest of them all though
there muBt be flashes of deep insight in him
too having reached the reward of all their
labor and all the devotion they had secured
in their great servants, having used the huge
armaments they had amassed, and the credit
they had built up, and the property they had
gathered, to such purpose that his people
(scarcely lament either lives or treasure,
heavily mounts the steps of the Imperial
Throne, turns a frowning face to the shout
ing crowd, and reluctantly seats himself upon
the pinnacle of the world. "I had rather
be King of Prussia," says King William,
as they place on his heai the crown
which makes him, but seventh from the
little Kur-furst of those sandy steppes out
there in the far northeast, a king of kings.
He is a strange and somewhat dim figure,
that old man who has never been a despot in
the sense of wishing to seoure his will by
pure Tolition, but who said, "I will be pivot
of the State," as who should say, "I will be
master in my house;" who has been bo hated
and so loved, whose stubbornness made an
army as genius might have done; who seems
to have in high measure but one capacity,
but that the supreme one for kings, the
faculty of recognizing among men far down
below the genius he requires, and who stands,
an average man among men of the first rank
of brain, the heavy, over-weighted, but calm
master of them all. He is a dim figure, as
we say, to ua, that drill sergeant who can
recognize and yet nse such captains; but it
is hard not to fancy that at the bottom of his
Btrange reluctance to grasp the prize is a
vague consciousness that the work not only
of him, but of his house, is done; that the
typical Hozenhollern is not the fit
occupant of an Imperial throne; that if the
HoheBzollern Emperors are to reign as the
Hohenzollern Kings have reigned, if two oen.
furies hence a Kaiser Fritz is to summon all
Germany to some mighty task, and find all
Germany rise at his call, silent, regimented,
and yet burning with inner fire, the Kaisers
must be men of larger sympathies, deeper
insight, and less selfish nature than the Kings
of Prussia have ever been. It is by doing his
duty as he aaw it that the Elector has besome
Emperor, 1st the duty of Emperers is other
than mere drill, and the justice desired of
them not the justice defined in the old sen
tence, "justice to all men, but to Ilohen
zollerns first." "Let Fritz have it,'' says the
King; and he who chose Bismarck and Von
Moltke, who gives to his ablest
enemy of IStiC the supreme command north
east of Paris, and trusts to the only Prinoe
of his House who might found an Orleans
branch for Frederick Charles is head of a
party the command of the most active of his
armies, may be right once more, though such
insight might seem above him, and the Crown
Prince may be the man best fitted to wear
the new Imperial Crown, and play the part
Germany, deep in its heart, expects from the
successor of Frederick Barbarossa. If ha is
and all Germany suspects him of hating
war and loving liberty Europe may yet have
no reason to repent of the most bizarre, pos
sibly the most important event of eur time
the recrowning of the German Emperor in the
year which has seen the Pope-King dis
crowned. But if he is not ?
The effect of the change of title depends
so absolutely on the reign of the first Em
peror who shall bear it for any time that it is
scarcely worth discussion. Two points only
may be accepted as certain. One is that the
Kaisership will make unity slightly easier, by
giving Germany a visible head, supported by
traditionary reverence as well as popular
feeling, and by removing the jealousy of the
sub-kings, which, meaningless now, might be
full of menace hereafter should Germany
ever again be struggling in the grasp of a
foe. Men hate or love their admitted supe
riors, but' they are not jealous of them.
And the second in, that a German Emperor
will in his heart consider all German men his
subjects, will sigh for the lost valley of the
Danube, and look wistfully northward
along the Baltic coast. Whether be will de
sire to "recover his subjects-' by conquest or
by attraction by the sword, as in Holstem,
or by the drawing force of a nobler and more
massive national life, as in Gotha and Baden
is the doubt with which Europe for years to
come will be disturbed; but that he will so
desire there is no room for doubt whatever,
and it will be wel for the freedom and the
diversity of Europe if he desires no more.
Beaten in Paris or victorious, the Kaiser of
GermaBy reigns from the Baltic to the Italian
frontier, from the (Silesian plateau to far be
yond the Rhine.
OX CHAIRS.
A chair must have been one of the most
ancient of inventions. After the use of fire,
after the rudest forms of grinding and
weaving, something to sit down upon must
have presented itself as the next desideratum.
But it must not be supposed that a ehair was
the direct result. As Lord Lytton says:
"Man has only given to him, not the
immediate knowledge of the perfect, but the
means to strive towards the perfect." And
he elsewhere observes: "Man must build
a hut before he can build a Parthenon."
At work in the primeval forest, felling
trees and clearing the ground, man may first
have experienced the comfort of a raised seat
by placing himself on the stump of a tree.
But, however eligible this support might be
in other respects, it labored under the disad
vantage of being immovable. A brilliant
thought ! no sooner conceived than acted
upon; and perhaps several generations passed
before some great genius hit upon the idea
of obviating the cumbersomeness of these
heavy; solid blocks by fastening a piece of
plank on three supporters, and producing a
three-legged stool. The tradition runs that
Tarquin introduced the ivory curule chairs
into Home; be this as it may, they were in
nse in the time of Brutus, -who, though he
destroyed the kingly power, and changed.
the Constitution of liome from a monarchy
into a republic, knew how far he could
safely go, and did not care to touch
the chairs. The prretors and ediles who were
permitted to occupy them, esteemed the pri
vilege so highly that they retained the curule
chair at home after their term of office had
expired, as a proof of the dignity to which they
had attained. These Roman othoials were so
much attached to their seats that they would
not part with them when they went
abroad, but had chairs placed upon wheels,
and in these chariots, often elaborately orna
mented with gold and precious stones, they
showed themselves to the admiring, unseated
multitude. The Romans considered it an
honor to ride in these wheeled curules, that
were "remarkably high," Pliny tells us a
convenient method of aoquaintmg the spec
tators with the degree of homage expected
from them, equivalent to the method em
ployed by artists of olden times, who always
depioted kings and heroes as at least twice
the size of ordinary men.
"There is nothing new under the sun,"
saith the preacher. At the period known in
art language as the Renaissance, the modern
European was 6truck with the idea of going
about in chairs. About the year 1581 cov
ered chairs, slung on poles, were invented at
Sedan, whence the name of these convey
ances, air banders JJunoombe obtained a
patent for the Sedan chair in lC'lt, and by
1640 they were in general use. In 1711 an
act was passed limiting the number of
licensed bedan chairs to L'(M), but in 1720 it
was increased to 400. This aot, however,
did not affect the use of private chairs.
When the favorite, Buckingham, used this
mode of conveyance.' he was hooted at bv
the public, who cried that he was employing
his fellow-creatores to do the service of
beasts; but this prejudice soon cave wav.
and the Sedan chair, often handsomely gilt
and painted, became part of the furniture of
the hall in the houses of the nobility and the
wealthier classes, and the chairmen formed
a part of every large establishment. Temple
oar.
Not Familiar With the Book. The Ohio
Statesman relates the following good joke at
the expense of two partisan editors: Soon
after Chief Justice Chase, then a Whig, as
sumed the gubernatorial chair in Ohio, he
issued his proclamation appointing a Thanks
giving day. To make sure of being ortho
dox, the Governor composed his proclama
tion almost exclusively of passages from the
Bible, which he did not designate as quota
tions, presuming mat every one would recog
mze them, and admire the fitness of the
words as well as Lis taste in their selection.
The proclamation meeting the eves of
Democratio editor, he pounced at ono npon
it declaring that he had read it before
couldnt say exactly where but be would
take his oath that it was downright plagiarism
from beginning to end. That would have
been a pretty fair joke; but the next diy the
Whig editor came out valiantly in defense of
the Governor, pronouncing the charge false
and libellous, and challenged any man living
to produce one single line oi tne proolama
tion that ever bad appeared in print before.
MATS AND OAPli
nWABBUHTOW8 IMPROVED VENTILATED
end eatij-flttlng DRESS HAT (patented), In all
the Improved faahiona of the season. CILEaNUT
ctreet, next ooor to rest o ce. rpt
WATOMEl, JEWELRY, ETOi
CHRI8TMA8 PRE8CNTS.
Watches,
Diamonds,
Jewelry, and
' Silverware
In threat Variety
A fine 88ortinen of BAND and cn K?T BRACE
LETS, OrERA CHAINS, NECKLACES, Bxj. Oar
prices are unusually low.
LEWIS LADOMUS & CO.,
No. 802 CHESNUT STREET,
13 10 tjl
PHILADELPHIA.
TOWER CLOCKS
jJ. W. IIU8SELL,
Ko. 22 NOKTH SIXTH 8TUEET,
Agent for STEVENS' PATENT TOWER CLOCK. 8,
both Remontoir fc Graham Escapement, striking
hour only, or striking quarters, and repeating hour
on full chime.
Estimates furnished on application either person
ally or bj mall. e 20
"BREAN'S CASKET OP JEWELS."
The Largest, Finest, and Cheapest
STOCK OF JEWELRY IN THE CITY.
joun hui:.wv:,
121713trp,
No. 13 S. EIGHTH Street.
HENRY HARPER
IS STILL AT THE OLD-ESTABLISHED 8TAND,
IVo. 520 AIICII Street,
And Is sellingatLOW PRICES, previous to mating
alterations, his stock of
Fine Watches, Jewelry,
and 12 1 thstulm
SILVER W A. Tt E.
WILLIAM B. WARNS A CO.,
Wholesale Dealers In
WATCHES, JEWELRY, AND
8 8 1J1 SILVERWARE,
Second floor of No. 632 CI1ESNUT Street,
S. E. corner SEVENTH and CHESNUT Streets.
COOKING CLASSES, ETC.
-" -fou
LOOKING-GLASSES,
RELIABLE AKD CBEAP.
JAMES S. EABLE & SONS,
No. 816 CHESNUT STREET.
CARRIAGES.
ESTABLISHED 1853.
JOSEPH BECKHAUS,"
No. 1204 FRANKF0RD Avenue,
ABOVE GIRARD AVENUE,
Manufacturer of exclusively FIRST-CLASS
CARRIAGES.
NEWEST STYLES.
Clarences, Landaus, Landanlettes, Close Coaches,
SbUtlBK ar. Coaches. Coupes. Barouches. Phaetons.
Koekaways, Etc, SUITABLE FOR PHI V ATE
tAHiiii aaa ruuuu vas. workmanship and
finish second to none In the country.
Fire and varied stock on band completed and In
the works. Orders receive prompt and personal at
tention, jm wora warranted. i jfi amrp
r-URNACES, ETC..
E8TADLISHED 1825.
FKEB. T. MBCKI.
H. J. DEAfl
n. J. DEAS 6L CO.,
MANUFACTURERS OF
Warm Air Furnaces
ADD
Co oiling- Xfcang-esr,
Portable Beaten, Low Down Grates, Slate Mantels
Bath Boilers, .Registers and Ventilators.
No. I I I North SEVENTH St.,
PHILADELPHIA, 9 22 thatu6mrp
JOBBING PROMPTLY ATTENDED TO.
fLD OAKS CEMETERY COMPANY
OF PHILADELPHIA.
This Company Is prepared to sell lots, clear of all
encumbrances, on reasonable term. Purchasers can
see plana at the office of the Company,
NO. 618 WALNUT STREET,
Or at the Cemetery, where all Information seeded
will be cheerfully given.
By giving notice at tke office, carriages will meet
persons desirous of purchasing lots at Tioga Station'
on the German town Railroad, and convey them to
the cemetery ana return, free of charge.
ALFRED C. HARMER, President
MARTIN LANDENBEROER, Treas.
MICHAEL NISBET, Secy. 10 5 wfm 6m
TO CONTRACTORS AND BUILDERS.
Sealed Proposals, endorsed "Proposals for
DUiiaing a ruunc ecnooi-nouse in the Twenty'
seventh Ward," will be received bv the nnder
signed, at the Office 8. E. corner of SIXTH and
ADELP11I Streets, until I R1DAY, January ,
1871, at 12 o'clock M., for building a Public
School-house, on a lot of crround sitnatn nn tha
corner of Thirty-eighth and Spruce streets, in
the Twenty-seventh ward, said school-house to
be built in accordance with tha plans of L. II.
ESLLER, Superintendent of 8chool Buildings, to
do eccu b we uiuce ut iub iioara oi Jruouc
Education.
No bids will be considered unless aecomna-
nied by a certificate from the CHy Solicitor that
the provisions of an ordinance, approved May
25, 1800, have been complied with.
lne contract will be awarded only to known
master uuuuers.
Bv order of the Committee on Property.
II. W. HALLI WELL,
12 22 4t Secretary.
TOHN FARNUM A CO., COMMISSION MERJ
anajM ni i-i-T-gf- m unninaa ilfllTg. NO
s M cux a-. aiiwirtifc U
FINANCIAL..
A RELIABLE
Safe Home Investment
XII 11
Sunbury and Lewistown
Railroad Company
7 PER CENT. GOLD
First Mortgage Bonds.
Interest Payable April and Octo
ber, Free of State and United
States Taxes.
We are now offering the balance of the
loan of $1,200,000, which ia secured by a
first and only lien on the entire property and
franchises of the Company,
At 90 and the Accrued Into
rest Added.
The Road is now rapidly approaching com
pletion, with a large trade in COAL, IRON,
and LUMBER, in addition to the passenger
travel awaiting the opening of this greatly
needed enterprise. The local trade alone is
sufficiently large to sustain the Road. We
have no hesitation in recommending the
Bonds as a CHEAP, RELIABLE, and SAFE
INVESTMENT.
For pamphlets, with map, and full infor
matioD, apply to
WM. PAINTER A CO.,
BANKERSi
Dealers in Government Beonrltiet,
No. 36 South THIRD Street,
I W4p PHILADELPHIA.
JANUARY 1,1871,
O O TJ IP O IV S.
THE COUPONS OF THE SECOND
MORTGAGE BONDS OF THE
Wilmington a ad Reading
Railroad Company, '
DUJS FIRST OF JANUARY,
Will be paid on and after that date at tne Banting
House of
WM, PAINTER & CO.,
No. 36 SOUTH THIRD STREET,
PHILADELPHIA.
18 H tf WM. 8. HILLES, Treasurer.
UNITED STATES SECURITIES
Bought, Sold and Exchanged on Most
Liberal Termi.
Gr O JLi 13
Bought and Sold at Kaxket Satea.
COUPONS CASHED
Pacific Railroad Bonds
BOUGHT AND SOLD.
Stocks Bought and Sold on Ccmmli
ion Only.
Accountatecelved and Interest allowed on Dallj
Balances, subject to check at sight.
DE HATEN & BRO.,
No. 40 South THIRD Street.
Ill PHILADELPHIA.
D. C. WHARTON SMITH CO.
.BANKERS AND BROKERS,
No. 121 SOUTH THIRD STREET,
Successors to Smith, Randolph A Co.
Xvsry branch of the business will have prompt at
ention as heretolore.
Quotations of Stocks, Governments, and Gold,
constantly received from New York by privati
wibi, from our friends, Edmund D. Randolph A
Co.
S I ,U "V E K,
FOR SALE.
C. T. YERKES, Jr., & CO.,
BANKERS AND BROKERS,
No. 20 South THIRD Street.
6 PHILADELPHIA.
f)30 530
XIAXIXU350N GXlAItlJDO,
BANKER.
DEPOSIT ACCOUNTS RECEIVED AND IHTEU
BST ALLOWED ON DAILY BALANCES.
ORDBK8 PROMPTLY EXECUTED FOR THB
PURCHASE AND SALE Of ALL waT.iART.it gg.
CURITIKS.
COLLECTIONS MADB KVKRYWHIRB.
REAL EbTATE COLLATERAL; LOANS NEGO
TIATED!. (8 41 CiU
Ho. 530 WALNUT St., FMIad,
FINANCIAL.
A LEGAL INVESTMENT
roa
Trustees. Executors and Administrators,
WJ OFFER FOR BALE
82,000,000
or mi
Pennsylvania Railroad Co.'s
Six Per Cent. Bonds
at 95
And ntereftt Added to lne late
f Purchase.
All Free from State Tax, and
Issned In nras or flOOO.
These bonds are coupon and registered, interest
on the former payable January and Jnly l; on the
latter April and October 1, and by an act of the
LeglBlature, approved April 1, 1870, are made a
LEGAL INVESTMENT for Administrators, Ex ecu
tors, Trustees, eta. For farther particulars apply to
lay Cooke Ac Co.,
E W. Clark A Co.,
W. II. IVevrbold, Boa Jk Aertoen,
C. A II. Borie. ' n l im
Wilmington and Reading
XXAXLHOAJD
Seven Per Cent. Bonds,
FREE OF TAXES.
We are oHering (200,000 of the
Second IKortcace llonda of
tills Company
AT 821 AND ACCRUED INTEREST
For the convenience of Investors these Bonds
Issued In denominations of
f 1000s, $500s, and 100.
The money Is required for the purchase of addi
tlotal Rolling stock and the fall equipment of
Road.
The road Is now finished, and doing a easiness
largely In excess of the anticipations of Its officers.
The trade offering necessitates a large additlona
outlay for rolling stock, to afford fall facilities for Its
prompt transaction, the present rolling stock not
being pafflclent to accommodate the trade.
WM. PAINTER & CO.,
BANKERS,
No. 36 South THIRD Street,
1 1 PHILADELPHIA.
JAYC00KE3;(Q)
PHILADELPHIA, NEW YORK, AND
WASHINGTON,
B A N IC E R 8,
AND
Dealer i In Government Securities.
Special attention given to the Purchase and 8a1 e
of Bonds and Stocks on Commission, at the Board of
Brokers In this and other cities.
INTEREST ALLOWED ON DEPOSITS.
COLLECTIONS MADE ON ALL POINTS.
GOLD AND SILVER BODUHT AND SOLD
Reliable Kailroad Bonds for Investment.
Pamphlets and fall Information given at oar office,
No. 114 SOUTH THIRD STREET,
PHILADELPHIA. flO 1 3m
8
l sr.
Biz Per Cent Loan of the City of
Williamiport, Pennsylvania.
FREE 07 ALL TAXES,
At 85, and Accrued Interest
These Bonds are made absolutely secure by act o
Legislatare compelling the city to leryjaafflcientr x
to pay Interest and principal.
P. 0. PETERSON A OO..
No. 39 SOUTH THIRD 8TREET,
M , PHILADELPHIA
JOHN S. RUSHTON & CO..
EANKEES AND BROKERS.
JTOVEKBER COUPONS WANTED
City Warrants
BOUGHT AND SOLD.
No. 50 South THIRD Street.
6 96f ' PHILADELPHIA.
B. E. JAMISON & CO.,
SUCCESSORS TO
P. F.KELLY &- CO.,
BANKERS AND DEALERS IN
Gold, Silver, and Government Bands,
At Closest Market Rates,
N. W. Cor. THIRD and CHESNUT Sts.
Special attention given to COMMISSION ORDERS
In New York and Philadelphia Stock Boards, etc
eta 86
jjjLLioTT b enn
BANKERS
To. 109 BOUTH THIRD BTRBBZ,
DEALS! 18 IN ALL GOVERNMENT SECURI
TIES, COLD BILLS, ETC
DRAW IXLS OP EXCHANGE AND IHfiUS
COMMERCIAL LETTERS OP CREDIT ON VHJ
UNION BANK OP LONDON.
ISSUE TRAVELLERS' LETTERS OP CREDIT
ON LONDON AND PARIS, avails bis tkrooghoal
Europe
Will collect all Coupons and Interest rres of darn
or parties D tteir Cnt"ai arrangements
r. n- tstt
FINANCIAL
THE STRONGEST AND I'.KST-SE-Cl'KRl,
AS WELL AH MOST PROFITABLE
INVESTMENT NOW OFFERED IN TEE MAR
KET. 7 run cent, a OLD
First Mortgage Bonds,
Coupon or Registered, and free of U. S. Tax,
rRlNCirALJANI) INTEREST PAYABLE IN GOLD,
I88CED BY TBI
Iliirllner.on. 7edar Rapids, and
31 Ik .sola It. K. Co.
The small remaining balance of the Loan for sale
At OO and Accrued Interest In
Currency. .
Interest payable May and November.
J. KDGAU THOMSON,
CHARLES L. FROST, f "n8lee-
.The bonds are Usued at 20,0C0 per. mile against
the portion onlj of the line fuilT completed and
equipped.
The greater part of the road Is already in opera
tion, and the present earnings are iargeiy In exoes
of the operating expenses and Interest on the bonds.
The balance of the work necessary to establish
through connections, thereby shortening the dis
tance between St. Paul and Chicago 45 miles, and 90
miles to St. Loula, is rapidly progressing, In time for
the movement of the coming grain crops, which, It
Is estimated, will double the present Income of the
road.
The established character of this road, running as
It does through the heart of the most thickly-settled
and richest portion of the great State of Iowa, to
gether with its present advanced condition and large
earnings, warr.nt us la unhesitatingly recommend
ing these bonds to Investors as, In every respect, an
undoubted security. A small quantity of the lssae
only remains unsold, and when the enterprise Is
completed, which will be this fall, an Immediate ad
vance over subscription price may be looked for.
The bonds have fifty years to run, are convertible
at the option or tho holder into the stock of the Com
pany at par, and the payment of the principal' Is pro
vided for by a sinking fund. The convertibility
privilege attached to these bonds cannot fall to cause
them, at an early day, to command a market price
considerably above par. U. S. Five-twenties at pre
sent prices return only 4 per cent, currency inte
rest, while these bonds pay 9)4 per cent., and we
regard them to be as safe and fully equal as a security
to any Railroad Bond Issued; and until they are
placed npon the New York Stock Exchange, the
rules of which require the road to be completed, we
obligate ourselves to rebuy at any time any of these
bonds sold by us after this date at the same price as
realized by us on their sale.
All marketable securities taken in payment free of
commission and express charges.
llEN It IT CL.12WS &, CO.,
Wo. 33 WALL Street, !t. Y.
FOR BALE BT
TOWNSKND WHELEN 4 CO.,
BARKER BROS. & CO.,
KURTZ A HOWARD,
BOW EN A FOX,
DE HAVEN & BROTHER,
THOS. A. BIDDLE A CO.,
WM. PAINTER A CO.,
GLENDENNING, DAVIS k CO.,
U. D IN VILLI ERS,
EMORY, BENSON & CO.,
PHILADELPHIA,
Of whom pamphlets and Information may be ob
tained. - Hi 84t
-olV
LUMbbR.
1870
SPRUCE JOIST.
SPRUCE JOIST.
HEMLOCK.
HEMLOCK.
1870
1 Q7ft SEASONED CLEAR PINE. Q-A
lO i U SEASONED CLEAR PINE. Io70
CHOICE PATTERN PINK.
SPANISH CEDAR, FOR PATTERNS.
RED CEDAR.
1070
FLORIDA FLOORING.
FLOAIDA FLOORiNG.
CAROLINA FLOORING.
VIRGINIA F LOOKING.
DELAWARE FLOORING.
ASH FLOORING.
WALNUT FLOORING.
FLORIDA STEP BOARDS.
RAIL PLANK.
1870
1 Q7fk WALNUT BOARDS AND FLANK.t QTA
10 I VWALNUT BOARDS AND PLANK. lOlU
WALNUT BOARDS.
WALNUT PLANK.
UNDERTAKERS' LUMBER, -g Q7A
10 U UNDKKTAK-KK'S' LUMBER. lOlU
RED CEDAR.
WALNUT AND PINE.
1870
SEASONED POPLAR. -f n7A
SEASONED CHERRY. lOlU.
Abli,
WHITE OAK PLANK AND BOARDS.
HICKORY.
1870
CIGAR BOX MAKERS' - O
CIGAR BOX MA.KEH8' IMII
SPANISH CEDAR BOX BOARDS.
FOR SALE LOW.
IQ'JA CAROLINA SCANTLING. OTA
10 I U CAROLINA H. T. SILLS. Io70
NORWAY SCANTLING.
1870
CEDAR SHINGLES. -f OTA
CYPHE8B SHINGLES. lOlU
MAULE. BROTHER A CO.,
No. 8600 SOUTH Street
US
13ANEL PLANK. ALL THICKNESSES.
. COMMON PLANK, ALL THICKNESSES
1 COMMON BOARDS.
1 and S HIDE FENCE BOARDS.
WHITE PINE FLOORING UOAHBS.
YELLOW AND SAP PINE FLOORINGS. 1 ant
i)4 SPRUCE JOIST, ALL SIZES.
HEMLOCK JOIST, ALL SIZES.
PLASTERING LATH A SPECIALTY,
Together with a general assortment of Bulldlnf
Lumber for sale low for cash. T. W. SMALTZ,
llo em No. 1715 RIDGE Avenue, north or Poplar St.
8TOVE8, RANGES, ET O.
THE AMERICAN STOVE AND HOLLOW WARE
COMPANY, PHILADELPHIA,
IKON FOUNDERS,
(Successors to North, Chase A North, Sharps A
Thomson, and Edgar L. Thomson,)
Manufacturers of STOVES, n EATERS, THOM.
SON'S LONDON KITCHENER, TINNED, ENA
MELLED, AND TON HOLLOW WARE.
FOUNDRY, Second and MliMln Streets.
" OFFICE, U09 North Second Strt
FRANKLIN LAWRENCE, Superintendent.
EDMUND a SMITH, Treasurer.
JNO. EDGAlt THOMSON,
Trewdent. JAIES HOEY,
6 IT mwf Sm General
CUTLERY, ETO.
RODGEB8 A W08TENUOLWS POCKET
KNIVES, Pearl and 8tag bandies, ant
beautiful finish ; Rodgeia', and Wade ft
Butcher's Rasors, and tha celebrated Le
coultre Rasor; Ladles' Scissors, la oases,
of the finest quality ; Rodgera' Table Cutlery, Carvers
and Forks, Rasor Strops, Cork Screws, etc Ear In
struments, to assist the hearing, of the most apj
proved construction, at p. MADEIRA'S,
No. lis TENTH Btreek elov Chesnat