THE DAILF uVENINO TELEGRArH PHILADELPHIA, TUESDA, MARCn 21, 1871.
2
arznxs oi iuu fx&xi&s.
Editorial Opinion of the Leading Journals
uponCurrentTopIba Compiled Every
Day for the Evening Telegraph.
PAUI3 UNDER THE MOB.
from the X. I'. Tribune.
The National Guard which was to preserve
order in Paris has tamed traitor to the Gov
ernment, and threatens to involve all France
in civil war. Bach deplorable conseqnenoes
have followed more trivial nots than that of
Mont mart re. The painful and disappointing
story of the disorders which distract Faris
and the excesses which involve the republic
in ruin is told at length in other columns.
Briefly summed up, it reveals that a mob is
practically in possession of the French
capital; that the National Guard re
fuses to maintain the Government, and
that only a weak police saves the mem
bers of its Executive from hasty flight.
The Guard and mob have fraternized;
the former has basely surrendered its officers
to the latter, and three of them have been
condemned by the court-martial and shot to
death, while others have been murdered by
the mob. General Falladinas, its commander,
is prisoner. Although originally confined to
the suburban districts of Belleville and Mont
mart re, the rioters, since the defection of the
Guard, have advanced into the heart of the
city, and have seized the headquarters of the
Guard in the Flace Vendome. In a word,
Faris is completely at their meroy; and al
ready cries out for aid from the provinoos or
the Prussians.
The immediate cause of the uprising was
an untimely if not an unwise effort on the
part of the Government to disperse the mob
at Montmartre, led, as we are left to infer,
by Blanqni, Flourens, and the other violent
and active "Keds" lately condemned to death
for contumacy. The designs, and indeed the
leadership of the mob, are not very olearly
revealed by the reports or by their action, but
a violent opposition to the Assembly and the
Government which it has created has been
developed. It is this hate which evidently
inspires the mob, and it rushes blindly to the
destruction of all semblance of government
and of order. There is no power of argument
which can reach the rioters, and no military
force remaining in Faris which can suppress
them: and the scenes which are now enact
ing, and which must follow, cannot well be
other than revolting, cruel, and disgraoefaL
The Faris journals call upon the provinces
or the Germans for aid. It is difficult to say
which authority will be exercised or which it
would be wisest to invoke. The appearance
of Gardes Mobiles at the gates of Faris would
incite civil dissensions, which, arraying Faris
against the rest of France, would naturally
lead to most deplorable consequences. The
issue of such a conflict would for a time, at
least, be doubtful, and Faris would suffer
more from her own sons than she did from
the Germans. A sufficient body of the latter
would make the struggle short and decisive,
and though a government which calls upon
the Prussians for its maintenance must suffer
in popularity by such degrading action, it
seems likely that M. Thiers is left no other
alternative. The Germans are interested Jn
maintaining order, if not the government, in
ejrUC iu BOvUlO lUvll iiiuouiuiij) bum auj vuu
upon them for aid will doubtless be promptly
answered. As indicating such willingness,
their retirement has already been discon
tinued. J thii i t- Homn Hit ont artTT toll
FESTIVE PHILADELPHIA.
I'rvm the A. 1'. World.
While the Mayor and clergy of Philadelphia
for to them the work seems limited are
workine hard to stimulate latent charity for
suffering France, her leading men seem to
liave given themselves up to iesuve reveiry.
The local press is redolent of the fumes of
the frying-pan. The sluggish pulse is quick
ened by convivial stimulus; steamship
schemes subside for the moment. However
oblivious of devastated Champagne and
blasted Burgundy Philadelphia may be,
"Clicquot" and '-'Clos Vougeot'' live in the
affections of her loyal sons. Dinners are the
order of the day: Two mortal columns of
newspaper chronicle these events. They were
a two-fold welcome, and in honor of a brace
of colonels one veteran, one youthful, but
both returning to their father's house after a
long or short diet among the husk of Wash
ington and Ban to Domingo. For them the
larded ris de veax and the Gallio croquette are
prepared. The gallant "colonels" are Forney
and McMichael. lhe former snakes tne dost
of the District from his indignant feet, and
-comes back to the city of Berie, filled with
such an event as a community like Philadel
phia, crowded with excitement, would be apt
to celebrate, and we read that an ex-mayor
nresided and that 4 'the banquet, worthy of
the occasion, was one of the best, in its laxu
ries and appointments, ever supplied by
Mr. Augustin (saintly name), whose reputa
tion as caterer and culinary artist is uusur
nassed. The wines, too, were of the finest,
as was to be expected from the praotised taste
and experience of the gentleman who selected
them.'
But this was naught to the honors paid by
the Union League to the gory soldier fresh
from the perils of sea sickness and Snto
Domineo. It was something of which, the
press mildly says, "the highest of the land
might be proud." Aside from oonviviality
and the brimming cup, there was in it a touoh
of noetrv and romance. When, in Mr. Addi
son's tragedy, Cato goes out to meet bis dead
Bon a martyr in freedom's cause, the heart is
moved at the stern father a silent woe. Here
we have quite as stern a Cato welcoming
back a living, resuscitated, hilarious
Marcus, and the "Senate" of the League
no pent-up Ulica joining in the festival.
It was the feast irrational, the flow of
soul substantial; and we are informed, rather
superfluously, that "full justice was done to
the material good things. Then the gallant
colonel "hereditary" orator, familiar with
one sort of "blow" made a speech, on
which, being reported, publio interest, ner-
vouhIv alive to augnt lrom Azua or Aux
Cayes, fastens. We have read every word of
it; it is rather playful than philosophic. A
large portion of it reads like Clarenoa's
dream of what he thought he saw "in the
slimy bottom of the deep; or spasmodic
incoherent, rhetorio such as, after his malm,
sev bath, Clarence might have indulged in
when he had been rubbed with salt and rolled
in hot blankets and brought back from
drowning. The dissatisfied codfish nib
bling at Doctor .Howe's philanthropies
toes and the tetany clastering rouud
Fred. Douglass are worthy a poetic Agasiz
From small fish to small faf-U the transition
is natural: and the colonel, after informing
the company that nobody spoke Spaulvu but
an adventurous major ol the name or II
ard," told them that the Hay tienn were no
bodies, and that Culral was a feeble guerilla
specimen, and speaking no doubt experi
mentally and from memory of rapid move
ments of all Kortsin Virginia"not fit to hold
a candle to Mosby." The information about
Fizarro and Cortes and Ponce de Leon is in
teresting, if not new; and the picture of the
monastery, "in whose entrails the scorpion
crawled and the foul swine wallowed," is
strong, if not according to Doctor Blair. The
crowning comparison of our "Ulysses" to
Columbus is striking, and the reinterment of
the ashes of the great discoverer somewhere
in Santo Domingo grandly graphic. It was
in fact so touching that, by "way of relief, the
chairman called upon Mr. Charles Vezin, the
consul at this port for tho German empire,
for a song, and he complied with a skill in
the execution that is rare even among pro.
f essionals. "
After thin, who need wonder that Philadel
phia gives little or nothing to poor France ?
Mr. Lincoln called for a comio song on the
field of Sharpsburg; why should not the Con
sul of the holy German empire sing a catch
or a carol over the fresh carnage of our an
cient ally, whose soldiers once fought for us
when Mr. Vezin's ancestors were very differ
ently employed ? With a parting benedic
tion from Mr. Simon Cameron the festivity
closed.
WHEN TnERE WILL BE PE1CE AT THE
SOUTH.
From the y. T. Times.
The policy urged with reference to the
States lately in rebellion by the Democratio
party is that of laiaset faire. "Let them
alone," say they, "and they will work out
tneir own reformation. I He line or argu
ment pursued is that sufficient time has not
elapsed fcince the close of the war to con
vince the South that it needs Northern capi
tal, energy, and performance for the purpose
of developing its resources and increasing
its wealth. The South is in grest need of
many things which the North alone can sup
ply, and eventually it will not be blind to- the
advantages of Northern emigration, and a
mingling of the people will bring a peaoef al
solution of the question that has so long
vexed the nation.
The argument does not go far enough.
Provision is made for Northern capital, en
ergy, and perseveraace, but none for North
ern opinion. Capital, energy, and perseve
rance are wanted, but not opinions. "We
will receive all that the North offers," say the
South, "which will enable ue to cover our
position previous to the Rebellion to in
crease our woalth and develop onr country,
and in return the Northern capitalist and
emigrant must receive ear political opinions,
and aid us politically as well as financially."
The political character of the South is one
of intense intolerance. It was- so before the
war, and at the close f it the leaven of
secession remained. That it now leavens the
whole lump is due to the sympathy of the
Democratic party. This- party,, which en
couraged the Rebellion, now encourages the
acts of violence vhich ara- of daily commis
sion in most o3 the late rebellious States.
The Democratic party is almost as much to
blame as the perpetrators of the outrages. It
is due to its sympathy that the South is net
at peace.
The apologists for the Itabela of the South
denounce all laws passed for the preservation
of rights, property, and life as "persecution,"
and Bay that so long as this-course is pursued
the country will not have peace. If the laws
passed by Congress for preoerving the rights
and lives of peaceful and law-abiding citizens
are proscriptive, what are the whippings,,
mutilations, shootings, drownings, and hang.
ings of innocent persons, w-hose only crime
is iheir attachment to the Union ? In urging
that the South be let alone the sympathizers
with lawlessness make use of the same argu
ment advanced by the Bjnbels daring the
war. Let us alone, said they, and there vill
be peace. Peace then meant disruption, of
the Union; Moes it mean anything much dif
ferent now? In the loyal States opinions on
all questions are freely and fearlessly ex
pressed. When the same is true of th? ex-
insurgent States, the whole country will be at
peace. All arguments based on laws oi iraae
are fallacious, so long as the intolerance of
one section renders true union impossible.
The people of the States lately in rebellion,
are merely invited to an equal participation,
in the Government. That they do not enjoy
this privilege is the result of their own
a ctions.
THE NEW LOAN OF THE UNITED
STATES. v
From the IT. Y. Herald.
Although the act of Concreas authorizing
the refunding tf the national debt was passed
so Ions ago as last July, and an amendment to
it was passed in January, tne secretary of tne
Treasury held back from negotiating tne new
loan, as it is called, until tne beginning of
this month. He regarded the war in Europe
and the general disturbance of the finanoes of
the world in consequence as unfavorable to
refunding the debt at that time. The war
being over, he now advertises for a new loan
or exchange of securities in accordance with
the act of Congress. J. He proposition is to
convert the whole of the five-twenties, which
bear six per cent, interest, into new bonds or
consols of three classes namely, into ten-
year bonds, bearing five per cent, interest;
hfteen-year bonds, bearing lour and a naif
per cent, interest, ana tnirty-year oonas,
bearing four per cent, interest, in tne pre
sent advertised proposal tne amount of the
first class is five hundred millions, of the
second, three hundred millions, and of the
third, seven Hundred millions niteen hun
dred millions in all. Preference will be given
first, however, to subscriptions for two hun
dred millions of five per cents, and then for
the four and a half and the four per cents in
their order. Payments can be made either
in coin or in the existing Five-twenty bonds
at par. In no case is less to be taken or the
aggregate of the debt to be increased. The
new bonds, or consols, and the interest on
them, are to be exempt from all taxei or dues
to the United States, as well as from taxation
in any farm by any State, munioipal, or local
authority; and it is considered that this ex
emption, together with the length of time
the new bonds have to run, will be equiva
lent to the difference of interest on and be
tween these and the old six per cent. Five.
went its.
If this proposal can be carried out, the Gov
ernment and publio will gain something by
the reduction of interest, though not as much
as might be supposed, considering that the
new bonds and the interest on them will be
exempt from all taxation. Still, it would be
an advantage, both in the saving of money
and in having the debt consolidated and sim
plified. It remains to be seen how far capi
talists and the publio are disposed to
accept the change. Up to the pre
sent time subscriptions have been sent
in slowly; but this may arise- in part
lrom a want of Knowledge generally as to tne
nature ot the loan or convention of securities.
Moiif y is worth a high rate of interest in this
f onntrv. aud it Las! vet to be seen if anv
large amount of the new debt will be taken at
I the tcduced interest proposed. In Europe
money brings a much lower interest, and
European capitalists may be more disposed
to subscribe for the loan. It is well enough
to try what can be done to reduce the interest
of the debt, but we cannot know for soma
time to come whether the experiment will be
successful or not.
ANDREW JOHNSON vs. U. 8. G11A.NT.
From the HarrUbxirg Patriot.
" hen Andrew Johnson became President
of the United States, he Bought to fix a policy
for Lis administration. He believed that the
shortest road to peace and a restoration of
the practical workings of the Union was to
adopt the results of the war. He maintained
that the Union had been preserved, or, what
is better, that it had not been dissolved, for
the reason that the Rebellion for that purpose
bad been a failure. What Mr. Johnson be
lieved was, that as the Union had not been
dissolved, as a matter of course no State
had been out of the Union, and this being
true in theory as well as fact, he held that
as soon as the Rebel armies were disbanded
the people of the Southern States should be
allowed to resume the exercise of. their local
governme nts. They h ad been interfered wi th
in the enjoyment of this right by armed
bands of insurgents, who being defeated and
dispersed by the Federal authorities, the State
Governments should at once resume their
functions. This was the policy adopted by a
man put into the Vice-Presidency by the Re
publican party. Did Republican Senators
agree with Mr. Johnson? No. They not
only differed with him, but they proscribed
all who agreed with his policy, and no Sena
tor was more eager to prove his hostility
by fierce acts than Charles Sumnor,
ex-chairman of the Senate Committee
on Foreign Affairs. We now only propose
to set forth the Republican history of Re
publicanism, lhe Republican party in the
Senate, at the time to which we now refer,
would not allow tne President to have a
policy, and all who dared to sustain the Chief
Magistrate were proscribed. Special laws
were passed to enfetter the President. His
appointing power was curtailed. Congress
remained in perpetual power to watch the
Executive, and if even one branch of the
Government usurped the functions of a co
ordinate branch, it was done by Congress
wnen Andrew Johnson waa President. Mr.
Sumner led in that proceeding,, and he held
the notion that it was a sacred Republican
privilege for a Senator to oppose the Presi
dent whenever his duty dictated such a course
of action. But the Republisan party is not
immutable. It has its weaknasnes. There is
a flaw in its machinery wbioh occasionally
creaks, which has been lately beautifully
demonstrated, as Mr. Sumner has discovered
to his sorrow. Poor man! he believed he had
a right to be consistent, but, alas for him,
that is ot part of Republicanism. It was all
right to fight with Andrew Johnson. In that
case the-President had no authority to have a
policy, for the reason that there was no de
vices in that; it only meant the restoration
of the Union: it did not propose to take
millions of dollars out of the treasury
to purchase disease-infeoted territorv.
but promised to restore millions of oppressed
and disfranchised men to security and their
political franchises. A United States Sena
tor could differ with a President ha vine in
view such objects, and still be a Republican.
But when the President makes himself the
great centre of a ring to plunder the treasury,
when he seeks to force a measure on the
country which the party thabalocted him re
pudiates, the Senator who dares resist such
encroachments is assailed and degraded
by his own partisan colleagues, a majority of
whom acknowledge they are the ser
vile slaves of a satrap, ia the White
House. There is nothing, in history to equal
this exhibition of political inconsistency.
One President, who dares to differ with a
Republican Senate, is sought to be impeached,
and the Republican Senators who differ with
him advertise themselves as the purest pa
triots, in lour years- thereafter, wnen a.
Republican Senator emulates this exam-
pie, xtnds himself compeUed to differ with
the Chief Magistrate,, his colleagues depose
him for his independence. Was ever a party
in Buch a plight ? We- leave it to its worst
condemnation, its own shame.
WATCHES. JEWELRY. ETO.
GOLD MEDAL BEQUL&.TOHS,
O. V. RU8SBLL
No. 22 NORTH SIXTH STREET,
Begs to call the attention of tne trade and cu&iomera
to tne anneiud letter:
TS1KBLATI0N.
"I take treasure to announce that I have given tc
Mf. Q. W. XUfcSELL. of Philadelphia, theexclusiv
sale ot all goona of my manufacture. He wtU be
able to sell them at tne very lowest prices.
"First Manufacturer of Regulators,
"Freiburg, Germany,
LOOKING CLASSES, ETO.
JAMES 3. CARLE & 80NB.
No. 810 CHESNUT STREET,
Have reduced the piles of ALL THEIR
Chromos 95 ler Vent,
This Includes
ALL CHltOMOS PUBLISHED,
AMERICAN AND OTHERS.
FRAMES of ever; character equally as cheap.
WHISKY, WINE, ETQ.
QAR&TAinS . a McC A Ll-
No. 128 Walnut and 21 Granite Bti
IMPORTERS OV
Brandies, Wines, Gin, Olirt Oil, Eta,
WHOLKSAXJI DEALERS IN
PURE RYE WHI8KIR8
IS BOND AJRD TAT FAUX
MM
FUKNITUKbi
Joheph IT Caupioh riatAMnm-AJfe flamDlon.
WILLIAM BlllTH, KICHAKD a. CAUflON.
SMITH & CAMPION,
Manufacturers of
FINE FURN1TUHE, UP1IOLSTERINQS, AND IN
TERlOR llOl'sE DECORATIONS,
NO. 1U MOUTH THIRD 8'XeeL
Mannfacfory, Noa. 815 and SIT LEVANT b-reet,
muaaeipuia. u
M
ACII1NISTS' TOOLS FOR ANY CLASS OF
unrlf UVuim!.!-. trcttra ami Hi aT M Ml W P 14.
L'oiuliluiriK the latent luinrovemeuU. (IttlNU-
tS'lU.NH lH)t, i ruing Him Hacking mucmuco,
will keen the stones true aud kharo for fl.uu.-k aud
bleasant snndiug. xso oust.
C 9 mj No. IT J. EK.UlEE.M'll b'.rctt.
MNANOIAL.
. A RELIABLE
Safe Home Investment.
TUB
Sunbury and Lev. is town Railroad
Company
7 run gei?-;?. 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
l,oo,ooo, whicn is secured by a flreit and only lien
u me cumc-property ami irancnises oi lae com
pany, At 00 and the Accrued Interest
Added.
The Road is now rapidly approaching comptrtion.
with a larire trade in COAL. IRON, and UIMHif.it
in addition to the passenger travel awaiting the
opening of this greatly needed enterprise. The local
We have no hesitation in recommending the Bonrts
a a a CHEAP, RELIABLE, and SAFE INVEST
iur..i a.
For pamphlets, wi:a map, and fall information.
i ,
WW. PAINTER & CO.,
BANKERS,
Dsa'.ers in Government Securities,
No. 3G South THIRD Street,
PniLADKLPDlA.
SPECIAL NOTICE TO INVESTORS.
A (Choice Security.
We are now able to supply a limited aaonn
o.'tne
Satawissa Railroad Company's
T PER CENT.
CONVERTIBLE MORTGAGE EOIOS
FE2 OF 8TAT3 AND UNITED STATES TAX.
TbpT are lssned for the sole nnroosA ot bnUdinir
the extension from MILTON TO WILLIAMS fOKT,
a distance of 80 m-Jee, and are temwutt by a lien n th
entire road of nearly 100 mUei fully eqaippe and
dol:cr a nourlshlnn business.
When It la considered that the entire Indebtedness
of tae Company will be less than Bie,ooo per .mile,
It wUl be seen at once what an- unusual amoant of
stcurlty Is attaches to these bonds, and they there.
fore must commend tbemselvea-to the most prudent
Investors. An additional advantage Is, that they
can be converted, at the option of the holder,, after
13 years, iuui me i-roierrea oiiwk, at par.
'mey are registered tjoupon uonas a great sare-
gua?d), Issued in sums of 1500' and $1000. Ixterest
payable February and August.
Price 92f and accrued IntereaS, leaving a good
margin ior advance.
isr further lnionnaiion, appiy to
D. C. WHARTON SitilTH CO.,
No. 121 SOUTH THIRB STKE3T,
13S5 PHILADELPHIA.
INVESTMENT BONDS
PORTAGE LAKE AND LAKE SUPERIOR SHIN
CANAL IDs. Secured by first mortgage, on the
canal (now completed), and on real estato worth eve
tunes tne amount or tne mortgage.
LAFAYETTE COUNTY, MISSOURI,. 10s.
DOUOLA8 COUNTY, NEBRASKA. (Including
Oraaba), 10s, and other choice Western, county and
city Donas, yieiumg gooa rates oi interest.
WESTERN PENN8YLAVNIA RAILROAD Cs.
endorsed ny tne Pennsylvania itaiiroaa lompaay.
For full particulars apply to
IIOWABD UAULimGTOn,
8! 8m
No. 117 South FOURTH Street.
5 PEIl CHUT.
New United States Loan.
Agents appointed to receive subscriptions or ex.
change
FOR 5-20 BONDS.
Books now open and Information furnished as
terms, etc.
ELLIOTT, COLLINS & CO.,
No. 109 SOUTH THIRD feTREET,
8 8 tf PHILADELPHIA.
JOHN S. RUSHTON & CO..
BANKERS AND BBOKE&P.
GOLD AND COUPONS WANTED.
City Warrants
BOUGHT AND BOLD.
No. 60 South' THIRD Street
8 861
PHILADELPHIA,
B. K. JAMISON & CO.
SUCCESSORS TO
I?. IT. KELLY te CO,
BANKERS AND DEALERS IN
Gold, Silver, and Government Bonds
At Closest Market Iiate,
N. W. Cor. THIRD and CHESNUT Stfl
Special attention given to COMMISSION ORDERS
In New York and Philadelphia Stock Boards, etc
etc TJ
F
S A. L. 12,
Six Per Cent. Loan of tho Cit j of Wil
liam sport, Pennsylvania,
Free of all Taxes,
. At 85 and Accrued Interest. -
Tnese Bonds are made absolutely seonre by act of
Legislature compelling tne city to levy sufficient Kax
to pay Interest and principal.
P. 8. PETERSON & CO.,
No. 39 S. THIRD STREET,
H " PHILADELPHIA.
"FINANCIAL.
JAY COOKE & CO.,
PHILADEI PHIA, EW YORK and WASniNaTOW.
JAY COOKE, McCULLOCH & CO.,
LONDON,
KA-ISTICKIISI
AND
Dealers In Government Securities.
Special attention given to the Purchase and Sale
of Bonds and Stocks on Commission, at. the Board ol
Brokers in this and other cities.
INTEREST ALLOWED ON DEPOSITS,
COLLECTIONS MADE ON ALL POINTS.
GOLD AND SILVER BOUOHT AND SOL
In connection with our London House we are now
prepared to transact a general
FOREIGN EXCHANGE BUSINESS,
Including Purchase and Sale of Sterling Bilin, and
the Issue of Commercial Credits and Travellers' Cir
cular Letters, amiable In any part of the world, and
are tbns enabled to recerve GOLD ON DEPOSIT,
and to allow four per cent. Interest In currency
thereon.
Having direct tslegrnphlc communication wlti
both onr New York and Washington Offices, we caa
offer superior facilities to our customers.
RELIABLE RAILROAD BONDS FOR INVEST
MENT.
Pamphlets and full information given at our office,
8 8 Smrp No. ms. THIRD Street. PhUada,
Wilmington and Reading
Railroad
7 TEH CENT. BONDS.
Free of Taxes.
We are now offerlnflr a limited amount or the
e.txun u uivhhjauk BODa of this uompany
At ami Accrued. Interest.
The Bonds are Issued In
SIOOs, S500s, and SI OOOs,
COUPONS 7AYABLE JtosKUARY AND JULY.
. "We placed the FIRST ICORTG AGE BONDS of
this Company at 85 per cent. They are now bringlDg
on the open market 95 per cent. This fact la strong
evidence or tne standing and credit of this Com
pany.
The road la now finished and doing a large and
prolitabie business.
VM. PAINTER & CO.,
BANKERS,
And Dealers In Government Sec'ul.les,
No. 36 South THIRD Street.
PHILADELPHIA.
Bowles Brothers & Co,.
PAEIS, LOHDON, J30ST0N.
No. 10 WILLIAM Street
N o -v Y o r lc,
ISSUE
Credits for Travellers
IN EUROPE.
Exchaige oa Fails and tbe Unio
Bank of London,
IN SUMS TO SUIT.
1 T8ro
DUNN BROTHERS.
HANKERS,
Nob. 51 and 53 S. THIRD St.
Pealera in Mercantile Paper, Collateral Loans,
Government Securities, and Gold.
Draw Bills ot Exchange on the Union Bank of
London.and issue travellers' letters of credit through
Messrs. BOWLES BEOS tt CO., available in aU the
cities of Europe.
Make Collections on all points.
Execute orders for Bohds and Stocks at Board of
Brokers.
Allow interest on Deposits, subject to check at
s'cht. l
530 530
riAnmsscrj aiiAnixzo,
BANKER.
DEPOSIT ACCOUNTS RECEIVED AND INTBB
p iT iiia rn riM TVAII.Y UALANOKS.
OKDKKfl PKOMPTLY EXECUTED FOR THE
PURCHASE ANJJ SALE OH ALL RELIABLE b3-
REAITesTATB COLLATERAL LOANS HBQO
TIATKH l "
Ho, 5S0 WALNUT 8t., FbUAA.
FINANOIAU
THE PES II SYLVANIA COPAKY
FOU' INSURANCES ON LIVES ANl
GRANTING
ANNUITIES.
Office Ho. 304 WALNUT Street,
INCORPORATED MARCH 10, 1812.
CHARTER. FERPETUAL.
CAPITAL 1, 000,000.
SURPLUS UPWARDS OF $750,000.
Receive money on deposit, returnable on demand.
for which Interest Is allowed.
nd under appointment by Individuals, corpora
tions, and courts, act as
EXKCTTOKS. ADMINISTRATORS, TR1RTER5,
Ul AH 1)1 A MS, - ANSlWje,B,!S WISHITTKKS,
RECEIVERS, AS;NTS, COLLECTORS, ETC.
And for the faithful performance of its duties m
such all Its assets are liable.
CHARLES DUTILU, Piesldeut.
William B. Hill, Actuary.
DIRECTORS.
Charles Dntllh.
JoHiiua P.. Llpplncott.
Charles H. Hutchinson,
Lindley SinUti,
Oeoriro A. Wood,
Anthony J. Antelo.
Charles 8. Lewis,
Henry J. W illlams.
William s. vaux.
John R. Wneherer,
Anoipn k. none.
Alexander lilddle,
Heary Lewis.
Q 1 T Y
OF BALTIMORE.
11,200,000 six per cent. Bonds or tne Western
Maryland Railroad Company, endorsed by the City
of Baltimore. The nndenlgned Finance Committee
of the Western Maryland Railroad Company offer
through the American Exchange National Bank
fl ,500,000 of the Bonds of the Western Maryland
Railroad Company, having 30 years to run, principal
and Interest guaranteed by the city of Baltimore.
This endorsement having been authorized by an
act of the Legislature, and by ordinance of ta
City Council, was submitted to and ratified by aa
almost unanimous vote of the people. As an adJl
tlonal security the city has provided a sinking fund of
HOO,000 for the liquidation of this debt at maturity
An exhibit of the financial condition of city
shows that she has available and convertible asset
more than sufficient to pay her entire Indebtedness.
To Investors looking for absolute security no loan
offered in this market presents greater Inducements.
These bonds are offered at 87jtf and accrued Inte
rest, coupons payable January and July.
WILLIAM KBYSER,
JOHN K. LONQWELL,
MOSES W1ESENFELD,
1 6 sott Finance Committee.
PITY ORDINANCES.
COMMON COUNCIL OF PHILADELPHIA.
Clerk's Office, I
Philadelphia, March 17, 1871. )
In accordance with a Resolution adopted by
the Common Council of the city of Philadelphia
on Thursday, the sixteenth day of March, 1871,
the annexed bill, entitled, "An ordinance
creating a loan for the extension of the
Water Works," is hereby published ior paoilc
information.
JOHN ECKSTEIN,
Clerk of Common Council.
AN ORDINANCE CREATING A LOAN FOR
TUF, EXTENSION OF THE WATER
WOF.K8.
Section 1. The Select and Common Councils
of the city of Philadelphia do ordain, That the
Mayor ot riiiiaoeipnia ie ana ne is nereuy
autbojized to borrow at not less than par, on
tbe credit of the city, two million one hundred '
and twenty-two tboueand dollars for the further
extension of the Water Works. For which into-
rest not to exceed the rate of six per cent, per
annum, shall be paid half-yearly, on the first
days of January and July, at tho oflice of the
City Treasurer.
lhe principal oi saia loan sn ait oe payaoie
and paid at the expiration of thirty years from
the date or tne same, ana not ueiore witnout
tbe consent of the holders thereof; and the
certificates therefor, in tbe usual form of the
certificates of city loan, shall be issued in such
amounts as tho lenders may require, but not tor
any fractional part ot one nuuarert aoiiars, or,
if required, in amounts of five hundred
or one thousand aouars; aua it snail be ex
pressed in said certificates that the loan therein
mentioned and the interest thereof are payable
tree lrom au taxes.
Section 2. Whenever any loan shall be
made by virtue thereof, there shall be by
force of this ordinance annually appropri
ated out of the income of tbe corpo
rate estates, and from tbe sum raised by
taxation, a sum euflicient to pav the Interest on
said ceriiflcatee; and tho further bum of three
tenths of one per centum on the par value of
such certificates so issued shall be appropriated
quarterly out of said income and taxes to a
sinking fund, which fund and its accumulations
are hereby especially pledged tor the mteinp
tion and payment of said certificates.
RESOLUTION
TO PUBLISH A LOAN BILL.
Resolved, That the Clerk of Common Conn
cil be authorized to publish lu two dally newi
papers of this city daily for four weeks the
ordinance presented to Common Council on
Thursday, March 16, 1871, entitled "An ordi
nance creating a 'can for the extension of tbe
Water Works." And the said C erk, at the
stated meeting of Councils after said publica
tion, shall pretent to this uoaocu one ot each
of said newspapers for every, day in which the
fame thall have been made. 3 17 241
CLOTHS. OASSIMERES. ETO.
LOTH HOUSE.
JAMES
H U O i R,
Ro. 11 North Mi:ctl Btret,
Sign of the Gdlden Lamb,
Ale w receiving a large and splendid asaortmen
of new styles of
FANCY OASSIMERES
And standard makes of DOESKINS, CLOTHS acs
COATINGS, SUmvi
AT WHOLESALE AND RETAIL
SAXOW GREEN.
U BrlRbter, will not Fade, Costs Less than any other
because it will Paint twice as much surface.
HOLD BY ALL DEALERS IN
PAINTS.
J. H. WEEKS & CO, Manufacturers,
Siltf No .1M N . FtHJ It T I JP M ladel ph a
HOISTSO K ELF.y ATO KS FOItAN Y LOC ATIO N
or weight, opurattd by Independent Eogioe,
Belts, Oraiu Kopts, or Pumps. For Contractors,
Hotels, Factories, aud Stores. The baud wachinns
are opei ated with the leabt labor aori sold at a low
rlce. 'J'lie balanced and power ruactuues Ue tue
.mHt Approved Safety AltachmeuU. Hatchways
ar run iel with rolling doors, opened aud cloaeil
automatically as pyt.oru,.
I 9 mi No. IT S. KIliliTEKNTl! Street.