2 THE DAILY EVENINO TELEGRAPH PHILADELPHIA, THURSDAY, APRIL 13, 1871. i SPIRIT OF TUB MESS. EDITORIAL OriNIONS OF THE LEADING JOURNALS VPOTX CURRENT TOPICS COMPILED EVERY DAT FOB THE EVENING TELEGRAPH. HENRY CLAY. From the JT. T. TYibune. Ninety -four years ago yesterday there was born to a poor Baptist preacher, living not far from Richmond, Virginia, a son since known to his country and the world as Henry Clay. Five years later bis mother was left an indigent widow with seven children, of whom Henry was the fifth. This boy received his scanty education in a log school-house, wherein teachers barely less illiterate than their pupils from time to time earned a mere subsistence by imparting a knowledge of let ters to the children of the poor, for whom no public provision was made by the chivalry who then ruled Virginia; their own sons and daughters receiving instruction in private seminaries. When fourteen years of age Henry obtained employment in a small retail store in Kichmond, which he soon exchanged for a clerkship in the office of Peter Tinsley, Clerk of the Court of Chancery, whence, after four years' service, he was taken into the law office of llobert Brooke, then Attorney General, afterwards Governor of the State. In November, 17'J7, when not yet of legal age, he was licensed to practise law, and mi grated at once to Lexington, the first settle ment and then largest village in the embryo (State of Kentucky, where he speedily acquired a large and profitable practice at the bar. The formation of a State Constitution and government being then imminent, and slavery having been planted in Kentucky while she was a part of Virginia, young Clay took the Btump as an advocate of its gradual, peaoeful extinction by constitutional restriction. He was overborne by wealth and numbers, and did not maintain a fruitless warfare, but his convictions were neither changed nor dis guised, and in addressing, in 1820, the Ken tucky Colonization Society, made up of the slaveholding aristocracy when slavery ruled the Union as well as the State, and he was about to be for the second time a candidate for President, he said: "More than thirty years ago, an attempt was made in this Commonwealth to adopt a system of gradual emancipation, similar to that Introduced la Penn sylvania In 1TS0. And among the acts of my life to which I look back with the greatest katlsf action Is that of having co-operated with zealous and Intelli gent friends to procure the establishment of that system in this State. We believed that the sum of good which would be attained by the State or Ken tacky In a gradual emancipation of her slaves would far traiihcend the aggregate of mischief that would result to herself and the In Ion together, from the gradual liberation of them, and their dispersion and residence In the United States. We were overpowered by numbers, and submitted to the decision of the majority with a grace with which the minority, in a republic, should ever yield to such a decision. I have nevertheless never ceased, and never shall cease, to regret a de cision the eiTects of which have been to place us in the rear of our neighbors, who are exempt from slavery, in the state of agriculture, the progress of manufactures, the advance of Improvement, and the general prosperity of society." Again in 1840, when Kentucky had deoided to revise her Constitution, Mr. Clay, in a public letter, urged her to adopt a policy of gradual emancipation, and was again over ruled by a vote which was nearly unanimous. This persistency in advocating a change so vital yet so unpopular, by one who never dis guised his aspiration to rise and rule through the favor and confidence of his fellow-citizens, stamps him one of the few whose vision is eagle-eyed who discern the end from the beginning who can look through present convenience and ease to the ultimate conse quences of a system essentially fallacious and unjust. Mr. Clay's unpopular early championship of emancipation was soon forgotten by his fellow-citizens in their admiration of the ardor and eloquence with which he advocated the doctrines and measures of the Republican party and its leader Jefferson in opposition to the tule of John Adams with his Alien and Sedition laws. In 1803, he was chosen a representative of his county in the State Legislature, repeatedly re-elected, and in 1800 selected by his fellow-members to fill a vacancy in the United States Senate caused by the resignation of Gon. John Adair. And, though a successor was at that ses sion chosen to supersede him after bis first session, he had already made his mark in advocacy of internal improvements by the authority and at the coat of the Union; he having introduced and carried a resolve which clearly affirms their constitutionality and expediency. Returning to Kentucky, he was rechosen to the Assembly, which made bim its Speaker; and in 1800 he was again sent to the United States Senate, to fill an unexpired term for the two years ensuing. At the next Congress he appeared as a Repre sentative, and was elected Speaker of the House oh the first day of his appearance therein a distinction attaiued by no other man since the meeting of the first Federal Congress. Thenceforth, Mr. Clay's career as Repre sentative, Speaker, negotiator of the Treaty of Ghent, Senator, Secretary of State, leader of a great party, and repeatedly its candidate for President, down to his death in 18."i2, at the ripe age of seventy-five, is part of our na tional history. The eloquent promoter and inspirer of our second war with Great Britain, he was ever afterward the zealous and inlia ential advooate of peace; the master-spirit of repeated compromises whereby the "irrepres sible conflict between freedom and slavery was prevented, while he lived, from involving his country men in bloody collision; and the foremost champion of protection to home in dustry, of the systematic improvement at na tional cost of ri vers, harbors, and artificial means of intercommunication between di verse sections and States; in short, of that American sjsteui which tended in every as pect to free ns trom dependence on foreign nations, and render us an intelligent, power ful, populous, and happy people. Henry Clay is no longer with ns, but his principles remain, and the considerations whereby he upheld them, though no longer enforced by his glorious eloquence, are still weighty, and both principles and arguments are still cntrished by admiring millions Never a dispenser of Federal patronage, Mr. Clay's power over his countryman was that of a rare fcift of magnetio oratory, the outflow of a cental nature and a magnanimous soul Many others have nobly and worthily achieved fame in our national councils; but, after those of Washington, Hamilton, Jefferson, there is no name that will hhine brighter or more en durinoly in our civil history than that of Henry Clay. COMPULSORY EDUCATION IN PF.NN- SYLVANIA. From ths H. T. Tivnta. Considering the startling increase of crimes of every sort, almost directly traeeable to ignorance, it is hard to resist the conclusion that compulsory education affords the only - t f 1 ; , il. : j promise OI cwci tiuui iuo gruwiuj; usujjot Ik has been tried elsewhere with gratifying results, and we have more than onoe ex pressed ourselves in favor of trying it here. But it must be remembered, at the same time, that this is a radical remedy, and must be bandied with the utmost delicacy and cau tion to secure its true benefits. At first night it certainly looks like an unpardonable in fringement on the liberty of the subject, and although in a case like this individual right must give way to the publio good, the arbitrariness of the encroachment need not be so insisted on as to make a naturally unpopular law doubly obnox ious. Every pains, at least, should be taken to conciliate in its favor the feelings of that more cultivated class of the commu nity on whose suffrages it must depend al most entirely for its Bnpport. Ignoranoe hngs its errors as the owl, so oddly misoalled the bird of wisdom, cliDgs to its native darkness; and the example of that resolute ignoramus in one of the Eastern States, who threatens to resist with violence any attempt to educate his children, is apt to be contagious. In framing Bny such act, the utmost care should be had to avoid giving unnecessary offense to the prejudices or convictions of any class, but more especially of the enlightened few who alone can be counted on as probable supporters of the system. Such caution does not seem to have been exercised in preparing the bill lately intro duced into the Pennsylvania Legislature, which requires the attendance at school dur ing six months of the year of all children between the ages of seven and fourteen years. This rigid limitation seems unneces sarily arbitrary, and in other respects un wise. It is doubtful whether, in our climate at least, children are not more hurt than benefited by being put to books at so tender an age as seven, and many competent ob servers have declared' their conviction that the tasks which a child is forced to learn before its mind is tolerably mature, add nothing to its mental growth, bat tend rather to retard its physical powers. Unhealthy precocity is so common, and so frequently fatal among American children, that our efforts should be directed rather to set back than to anticipate the period of mental ma turity. Most children with ns, of any bright ness, teach themselves to read, and other wise astonish their fond parents by a pheno menal intellectual activity which is too often followed and explained by an early decay. Precisely at what age a child's mind becomes strong enough to bear the strain of cultiva tion it is not eaRy to fix. Perhaps it is safe to say that up to the age of ten years, at least, the little learner should be put to only the lightest and most desultory tasks. Doubtless this will seem an extraordinary view to many, who have so long been used to the cramming and forcing system of edu cation in vogue among us, as to believe it the only true one. But waiving this point, there is another objection to the Pennsylva nia bill which is equally strong, and which will strike most parents with even greater force. The question of the comparative ad vantages of home and school education, dis cussed as long ago as Quintilian's time, has been practically decided, so far, at least, as boys in their teens are concerned, in favor of the schools. But for some years after the age of seven, the child is probably best and moBt safely instructed at home. His moral character is then in process of formation. and that no teacher can mould so well or so wisely as a tender and pious mother and a prudent father. To be sure, many children are unhappily not blessed with such parents as these, and many more again have no homes. For these, at least for the latter, the school at any age is undoubtedly better than the streets, though a good reformatory institution, wisely modelled and carefully conducted, would be better still. But for children whose home influences are salutary and happy, the law should make some dis crimination. The laws of Pennsylvania do not directly concern ns, but eaoh suooess or failure of the compulsory education sys tem does. Whenever it is tested, we should like to see it tested on its merits, and not weighted with needlessly offensive res '.no tions. THE NEW NATIONAL BANK SCHEME. From the N. F. World. "A large number of banks and bankers of New York," so says the Washington telegram, "representing two hundred millions of capi tal, have in a formal manner requested the Secretary of the Treasury to submit for the consideration of the present Congress a plan for for wbatr 'I he telegram says: "A plan for the redemption or conversion of the present legal-tender notes." And with such a shallow device the large number of banks and bankers, "representing two hundred mil lions of capital," think to blind the people to a petty scheme by which they nope to legislate four or five millions annually out of the pockets of the people into the pockets of the aforesaid banks and bankers, who ought, in all conscience, to be satisfied with the two hundred millions which they already own, or rather represent. The despatch whioh an nounces this little financial sceme appropri ately closes: "This proposition includes the substance of General Butlers bill; which must satisfy all impartial people as to the disinterested honesty of the banks and bankers in making this proposition, exclu sively in the interest of their loss wealthy and less influential fellow-citizens. It may be thought that this projeot is scarcely deserving of a great deal of atten tion, since as yet we are not aware that Mr. Bontwell has consented to make the recom mendation, since even Mr. Bout well's recom mendation might possibly not make the mea sure acceptable to Congress, and since it is not likely that the session will be much fur- tber prolonged and the measure itself be ever heard of a-ain. But those who take this view are little acquainted with the co hesive tenacity of the radical plunderers who set such schemes afloat. These men mint live on the public. Their opportunities have .... . betn curiauua ot late. The tarin is ex hausting itself. Tbe most thoroughly pro tected interests are languishing and unprofit able. The great land-grab game has coma to a sudden end, partly due to tbe publio oppo sition to further grants, and partly due to private indisposition to further invest in laud- erant bonds. ine subsidy schemes have fallen flat. Poor Boutweli'i funding business has furnished no great picking after all, and it is difficult to see how anything substantial is to be made out of tho Ku-kluxes. Iu this dearth f plausible methods to "convey" the people's mony, the national bank method has been revived, and the measure now so mildly put forward as a recommendation to the Secretary is but the commencement of a series by which it is hoped to' revive the glo. nous banking times of ltu:i, lhul, and IWj.t Nor is tbe early adjournment at all as cerUiu as many persons seem to think; and even if not heard at this session, the uoheine is sura to be renewed as soon as Congress reassem bles. Besides, indications are not wanting that the interval will be employed in niiuu facturing publio opinion in favor of the mea sure upon the same grounds as those already pnnounced by telegraph from Washington. I HeDce it is well to direot attention to the subject before the publio mind shall have been poisoned by persistent misrepre sentation. We have pointed out already the precise object of the proposed measure, and how it is calcnlnted to enable the banks to earn inte rest, at the expense of the people, on money which tbey do not lend, but whioh they keep in their vaults for their own safety, their own convenience, though likewise required to do so by tbe National Bank aot under whioh they lire created. We now propose to explain how they intend to accomplish this by pretending to adopt a measure which has so many quali ties to recommend it that It may be said to have a certain amount of publio opinion already favorably inclined towards it. This measure is based npon a growing recognition of tbe fact that the national banks, as now constituted, are virtually that most odious of all legalized iniquities, a subsidized mono poly. The national banks are owners of Govern ment bonds. They are allowed to deposit these bonds in the Treasury Department at Washington, and to receive in exchange for them bank notes enrrenoy in nearly equal amounts. This privilege is denied to every one except a national bank. A private indi vidual who owns bonds cannot obtain bank notes in exchange for them at the Treasury Department in Washington; on the contrary, a private individual who ownB bonds is obliged to go to a national bank to borrow bank notes on his bonds, and to pay that national bank interest on the bank notes, al though the bank gets them at the department free oi interest, it is not a question now whether the issuance of notes by Government is wise, or whether it be reconcilable with the true principles of democratic government. The fact is that the people are willing that their paid public servants should, among other things, be charged with the duty of issuing bank notes on the security of Government bonds left with them in pledge. But the people are not willing that they should dis cbarge this duty for the benefit of a limited number of corporations; that this discharge of duty sheuld be coupled with suoh condi tions as necessarily confine its advantages to a class to a special interest. The right of the Government to issue bank notes on the pledge of Government bonds once admitted, it becomes the duty of the Government to issue these notes to all classes of the commu nity alike. Under the present law the right to obtain these notes is limited to a class of corporations called national banks, who are by that simple faot constituted a monopoly. When this national bank act was first passed the people, intensely pre occupied with the war, and unable to recog nize the full importance of the measure, allowed it to pass amid general approval. But they are now beginning to recognize that they have constituted the banking interest into a monopoly which forms the very centre and rallying point of all other monopolies, and that they have thoughtlessly raised np a power which has virtually become the chief ally and leader of the two worst publio enemies the railroad ring and the tariff monopolists. It is under the impulse created by the gradual recognition of this fact that the recent agita tion of the national bank act has arisen. The people reoognize that the right to obtain bank notes from the Treasury on the security of Government bonds is a general right equally open to all. They demand that this right shall be no longer confined to' the national banks. If the right to obtain bank notes from the Treasury on a pledge of bonds conveyed no other advantages than what are apparent on the surface, there might be less objeotion to confining it to a class for the convenience of the Treasury operations. But this right to obtain bank notes conveys another highly important privilege which the publio have heretofore lost sight of, bnt are now begin ning to consider very attentively. The na tional bank owns bonds which earn six per cent, coin interest. These bonds are deposi ted in tbe Treasury, where they continue to earn interest for the bank just the same as before. The bank at the same time reoeives the corresponding amount of bank notes from the Treasury and lends them to its customers, charging five, six, or seven per cent, interest on them. The bank thus earns a double in terest on a single capital first the interest on the bonds, and next the interest on the notes. It is this circumstance that constitutes the aggravation of the monopoly; it is this oir camstance that makes the monopoly a subsi dized monopoly. Against this subsidized mo nopoly, as against subsidy and monopoly in every other shape and form, the publio has set its face. To avoid the monopoly of the banks it is evident that the right to obtain the bank notes on a pledge of bonds should be open to ail classes and individuals alike. To avoid and end the subsidy which tbe banks have been drawing from tbe community at the rate of eighteen or twenty millions in coin per annum, it is evident that the bonds pledged as security ior notes should cease to draw interest while in tne hands oi the i'rea sury; or, in other words, that no one should be allowed to obtain notes from the Treasury except on payment of interest, precisely the same as if they obtained the notes from any other source. But as, of course, no one would borrow notes from the lreasury and pay in terest for them unless he had the privilege of returning the notos when no longer wanted, it wonld become necessary to make provision for getting . buck the bonds whenever the owner wanted them. Out of these conside rations has grown the plan which, under the name of "convertibility of bank notes and bonds," has had a very general discussion in financial circles for the last year or two, and has met with very considerable approval, though also with strenuous opposition. This is not the occasion to discuss the merits of the plan. It is sufficient to point out that its chief object is to put an end to the subsidized monopoly which the banks now enjoy at the expense of the publio. Yet it is under pretence of carrying out this plan that the "large number of banks and baukers of New York, representing two hundred millions of capital," coolly ask for legislation which shall not only oounrm their monopoly. renew their subsidy, but aotually enable them to take lour or nve aacuuonai millions an nually out of the pockets of the people. It is only another specimen of the tricks and de vices and frauds to wnicu monopoly is inva nabiy driven in its enorts to maintain or aggrandize it&elf in defiance of a thoughtful publio opinion or a watchful publio press. SPECIAL NOTICES. HORTICULTURAL TRIP TO CALIFORNIA. LECTURE FOR THE HENEFIT OF THE HOR 'UUlLlUKAli MJUSTI, HORTICULTURAL HALL, THURSDAY EVEN I NO, April 13, I?v How. M. P. WILDER, o Boston. Descriptions of the Vineyards, Pear Orchards, Grain and btock Farms, tseuu- iropicai Fruit Cul ture. Scenery, and bocim ure or California. TICKETS, FIFTY CENTS, for Beats la front half of Hail, to be obtained at II. A. Dreer'a, No. 114 Chetmut street, and Gould & Fischer's, No. Hi Che but street. 4 11 8t SPECIAL. NOTIOES. gy NORTHERN UnKRTIES AND PENN TOWNSHIP RAILROAD CO., Offlce No. 82T 8. FOURTH Street. Fiiilapklfbia, April 11. 1ST1. The Annual Meeting of the .stockholders of this Company, and an Election forOinoers to serve for the erioning year, will be hold at the Office of the Company, on MONDAY, the lot dut of May next, at 11$ oc.iocs. A. M. ALBERT FOSTEK, 4 lint Secretary. SCHUYLKILL AND SUSQUEHANNA RAIL- ROAD COMPANY, Oillco, No. S2T South FOURTH Street. Philadelphia, April 10. 1RTI. ' The Annual Meeting of the Stockholders of this Company and an Election for President and six Managers will take place at the Office of the Com- pRuy on MONDAY, the 1st day of Mav next, at IS O CIOCK m. AL.Ub.UX JTf KS1KK, 4 1 8w Secretary. ty THE ANNUAL MEETINO OK THIS ' MocKholders of the BAR EH SILVER MINING COMPANY, of Colorado, will be held at the offlue of the company on THURSDAY, April SO, 1971, at 12 o'clock, noon, for the election of directors, and for (he transaction of such other hsslness a may be arrmea necessary. JOUM vviusr, 4 10 lot Secretary. t&s- OFFICE OF THE FRANK LIS FIRE IN w SURANCE COMPANY, PlIILAPKI.PniA. AdHI 3. 1S71. At a meeting of the Board of Directors, held tilts (lav, a QUARTERLY DIVIDEND of RIUHT DOL LARS per share was declared, PAYABLE IN GOLD to me STocKnoinera on and after tne iron infant, clear or all taxes. J. W. McALLlSTKlt, 4 4 lit Secretary. TUE CHEAPEST AND IN THE WORLD, BEST II AIR DYE Harper's Liquid Hair Pye Never Fades or Wnnhfi Out. will change gray, red. or frosted hair, whiskers, or moustache to a beautiful black or brown as soon as applied. Warranted, or money returned. Only 60 cents a bos. Sold by all Druggists. 8 23 tuthstim Rfflr THE UNION FIRS EXTINGUISHER COMPANY OF PHILADELPHIA Manufacture and sell the Improved, Portable Fire Extinguisher. Always Reliable. D. T. GAGB, I 60 tf Ho. 118 MARKET St., General Agent fgy- DR. F. R, THOMAS, No. 911 WALNUT STn formerly operator at the Colton Dental Rooms, aevotea his entire practice to extracting teeth witn- ont pain, witn iresn nitrous oxiue gas. 11 1 rsVV THUKSTOWS 1VOKX fUAKU TOOTH POWDER is the best article for cleaning and preserving tho teeth. For sale by all DrugirUts. Price 2S and 50 centa ner bottle. 11 ?a stnttuy mil L I it v. I ' r 1 1 ui.a.t Patients treated gratuitously at this Institution daily at 11 o'clock. 1 14 EDUOATIONALi H ARVAKD UNIVERSITY, CAMBRIDGE, MASS.. Comprises the following Departments: Harvard College, the University Lectures, Divinity School, Law School, Mellcal School, Dental School, Lawrence Scientific School. School of Mining and Pratical Geology, Bussey Institution (a School of Azrleulture aDd Horticulture), Botanic Garden, As-, tronomical Observatory, Museum of Comparative Zoology, Peabody Museum of Archaeology, Episcopal Theological School. Tbe next academic year begins on September 23, 1871. The first examination for admiuslon to Harvard College will begin June V9, at 8 A M. The second examination for admission to Harvard College, and the .examinations for admission tJ the Solenttliu and Mining 8chools,; will begin September S3. The requisites for admission to the College have been changed this year. There is now a mathematical a'ternative for a portion of t he daisies. A circular describing the new requisites and recent examina tion papers will be mailed on application. I NIVERSITY LECTURES. Thirty-three courses In 1S70-71, of which twenty begin In the week Feb ruary 12-19. These lectures are Intended for gradu ates of colleges, teachers, and other competent adults (men or women). A circular describing them will be mailed on application. THE LAW SCHOOL has been reorganized this year. It has seven instructors, ana a library or 16,( 00 volumes. A circular explains the new course of study, tbe requisites for the degree, and the cost of attending the school. The second half of the year begins February 13. For catalogues, circulars, or Information, ad. dress J. w. HARRIS, s 6 8m Secretary. E D G E H I L L SCHOOL MEKCHANTVILLE, N. J., Four Miles from Philadelphia. Tbe session commenced MONDAY, April 10, 1871. For circulars apply to Rev. T. W. CATTELL. rpHE REV. DR. WELLS' BOARDING SCHOOL FOE LITTLE BOYS From Six to Fourteen years of age. Address the Rev. DR. WELLS, 8tStuthB2m Andalusia, Pa. BOARDING. CUMMER BOARDING, The elegant building known as THE EX. ELSIOR NORMAL INSTITUTE, located at Carversvllle, Bucks county, Pa., two miles from Bull's island Station, on the Belvldere Railroad, will be opened to accommodate CITY BOARDERS Irom July 1, 1871, to September 1. For healthfulness of location and beauty or surrounding scenery this Institution can hardly be surpassed. Those wishing to bring their own teams into the country can be accommodated with stables, sheds, and feed at reasonable rates. The proprietor will be found at the Merchants' IJoteL THIRD Street, above Calluwhill, on SATUR- DA 1'S, AprU IS and 22, from 10 o'clock A. M. to 2 o'clock P. M., when an Interview may be had. For terms, eta, address S. S. OVERHOLT. Carversvllle, bucks County, Pa. KBPEKKM'K. B. REIFF, Nos. 130 and 133 South Front street. AM ASA MAY, Nos. 716 and 717 Market street. 4 7 13t ' WHISKY, WINE, ETO. CAR5TAIR3 & McCALL, To. 126 Walnut and 21 Granite Sts., IMPORTERS OF Erardiei. Wines, Gin, Olive Oil, E:c, WHOLESALE DEALERS IN PURE RYE WHISKIES, IN BOND AND TAX PAID. 235 MARBLE WORKS. H. S. TARE & SOW'S MANUFACTORY Off Carved and Ornamental Marble Work. Street above flerenth, ISO 8m PHILADELPHIA. COPYING PUESSKS. Just received, a Lige Assort meat or tne Latest styles COPYLNd FUlSKS. WM.M. CHRU TY, Stationer and P later, No. 187 S. THIRD Street, 1 22 eod3 Opposite airata Book. FOR 8ALE. QFOR8ALC, An Elegant Residence, WITH STABLE. AT CHE8NUT HILL. Desirable location, a few minutes' walk from depot. D. T. FRATT, Na 10S South FOURTH Street 8S4 2m XI. .7 . DOBBINS, 1 BUILDER, OFFICE, NOS. B and 8 LEDGER BUILDING, oirers for sale the follow lng properties at reduced prices: No,l. Handsome four-story Brown Stone Resi dence, with mde-jard, situated Na 1917 Oaesnut street, finished with all modern conveniences. Built by the day without regard to cost. Lot 4i by 179 feet deep, to a back street. Clear of all incumbrance ; will be sold a bargain. No, 2. Elegant three-story Brown Stone Resi dence, with ManRard Roof, situated west side of Broad, above Master street. Very commodious; finished with all modern conveniences. Built in a very superior manner. Lot 5J by 20 feet deep to Car lisle street. Na 8. Neat three-story Brick Dwelling, with side yard, No. 1413 North Eighteenth street, above Mas ter, containing ten rooms, with all modern conveni ences; will be sold below cost. No. 4. Lot west Bide Broad, 66 feet above Vine, 73 feet front, 193 feet deep to back street; will be sold so as to pay well for Investment. Also, lot west side of Broad, above Thompson, 95 feet front, 200 feet deep, to Carlisle street, with brick stable for four horses. No, R. A Cape May Cottage, located on the beach ; Is large and commodious; If not sold will be rented. No. 6. A good Farm In Richland township, Bucks county, containing 93 acres, with good Improve ments. 4 7 tf SALE OF THE ATSION ESTATE. AluUT 29,000' ACRES OF LAND, TO BE SOLD AT PUBLIC AUCTION. AT THIS W ta l JKKSKY HOTEL, CAM PEN, N. J., ON MAY 6, 1S71, AT 1 O'CLOCK. P. M. TO SPECULATORS IN LAND. PROJECTORS OB TOWNS AM) IIAITTAUISIH UKMMlAUUY, A RARE OPPORTUNITY FOK INVJiSTMifNT IS FttFSENTEDl! A FARM or about 700 acres, with extensive In provrnients, Is Included. SEVERAL MILLS and additional mill and manu facturing Bltef are ou tho property. RAILROADS traverse tne entire lengtn or the tract. ATSION station is the point or junction or two railroads. TOWNS and SETTLEMENTS may bo favorably located. THE CEDAR TiAit5D.it is or consiaeraoio vaiue. CRANBERRIES, GRAPES, SWElCr POTATOES, HOrs. etc., cau be very successfully cultivated. GOOD titlk win ne niaae to tne purcnaser. SEND FOR A PAMPHLET containing partlcu lars, and apply personally, or by mail, to I' ITHU.' TVr tl 1 f I AC . L-nlnnn 8 24 87t No. 222 S. FOURTH St., Philadelphia. TO INSURANCE COMPANIES, CAPITAL ISTS, AND OTHERS. FOR SALE, BUSINESS PRORERTY, No. 427 WALNUT STREET. Four-siory front, flve-Btory double bactt buildings, occupied as offices, and suitable for an Insurance company, 21 feet 9 Inches front, 124 feet deep. S. KINGSTON M0CAY, 8 18t No. 429 WALNUT Street; FOR SALE A BARGAIN iXEUANT FOUR-STORY BROWN STONE RESIDENCE, WITH SIDE YARD, NO. 1917 CHESNUT STREET. Also, the FURNITURE, which Is very handsome and new, will be sold ror ijmjuu less tnan cost. II. J. DOBBINS, 4 12 4t Ledger Building, FOR SALE. AT GERMANTOWN-DE3I RABLE SUMMER RESIDENCE, on Old Town bi.ip Line road, near Cbelten avenue ; convenient to depot, near to the Wlssahickon. Stone house, frame barn, spring nouse. xrnit trees, good spring or water, three acres ; one or tne coolest situations in u-erman town, with one drive to tne city, will be sold fur nished If desired. Apply on the premises, or at JUSTICE. BATEMAN & CO.'S, 4 11 8t N0.122 8. FRONT Street ft FOR SALE HANDSOME RESIDENCE JLiiiPropertles, S. W. corner Broad and Thompson streets, S. W. corner Seventh and Parrtsh streets, No. 64S York avenue, No. 609 Green street, and many others. DANIEL M. FOX & SON, 4 7Ct No. 640 N. FIFTH Street. TO RENT. GOOD BUSINESS STAND TO LET, SUITABLE FOR ANY BUSINESS. Store and T3"velliug:, SOUTHWEST CORNER OF SIXTEENTH AND VINE STREETS. Apply on premises FOR REN T S FURNISHED COTTAGE AT LONG BRANCH, Situated on CHELSEA Avenue, within a short distance and having a tine viotv ef the ocean; fJnisbed In the best style, with all the modern im provements bath-room, hot aifd cold water, sta tionary wash-stands on second lloor, and gas in all the rooms. The mrniture is or tne nest cuaracter, with velvet and tapentry carpets, and everything necessary to commence housekeeping at once. Apply tO CIIAKi.KN ji. masu;i, No. 32 N. SIXTH Street, Philadelphia, or No. 156 W. FOURTEENTH Street, 4 1! 4t New York. fF? FOR BENT. A HOUSE IN CHELTEN LiilHAM. Furnished or unfurnished. Within five minutes' walk of City Line Station, North Pennsyl vania Railroad. 4 7 tf R. J. DOBBINS, Ledger Building. LOOKING CLASSES, ETO. NEW ROGERS CROUP, "RIP VAN WINKLE." NEW CHROMOS. All Chromr b sold at 25 per cent, below regular rates. All of Prang's, Hoover's, and all others. Send for catalogue. ALL NEW 8TYLES, At the lowest prices. All of our own manufacture. JAMES 8. EAR LIZ & SONS. No. 816 CHESNUT STREET. TOBACOO. LEAF TOBACCO. 100 OASES CIIOICE CONNECTICUT WRAPPERS, CroplS69. For sale by DAVID L. KETLER, Nos. 60 and 62 South FOURTH Street, 4 7 iron Philadelphia ir'WARBURTON'S IMPROVED VENTILATED iLiaud euay-nuing DRESS HATS (patented), In all the Improved fahliioDH or the Benson. CULE2NUT Street, nut door to the rot Oiflce. rpi SAFE DEPOSIT OOMFANIE THE PENNSYLVANIA COttPASY FOK INSURANCES ON LIVES AND GKANTING ANNUITIEG. Office No. 304 WALHUT StreL INCORPORATED MARCH 10, 1812. CHARTER PERPETUAL. CAPITAL $1,000,000. BTJEPLUS UPWARDS OF $750,000. Receive money on deposit, returnable on demand. for which Interest n allowed. nd under appointment by Individuals, corpora tions, and court, aetns EXECUTORS. ADMINISTRATORS, TRUSTERS, GUARDIANS, ASSIONEKS, COMMITTEES, RECEIVERS, AGENTS. COLLECTORS, ETC. And for the faithful performance of Its duties as such all Its assets are liable. CHARLES DUTILII, Pjesldent. William B. Hill, Actuary. DIRECTORS. diaries Dntilh, .Joshua B. Llpplncott, Henry J. Williams, Charles 11. Hutchinson, William N. vaux, L.iniiiey sniTtn. John R. Wucherer, George A. Wood, Adotph F. Porie, lAnthony J. Antela Alexander Blddle, Charles 8. Lewis, nenry ia-wib. gECURITY FROM L083 BY BURGLARY KOBBEKY, JflKE, OK ACCIDENT. . The Fidelity Insurance, Treat ad Safe Deposit Company OF PHILADELPHIA IN THBIS New Marble Fire-proof Building, Nos. 829-831 CHEsNUT Btreet. Capital subscribed. H.OoO.ooo; paid, 1700,000. COUPON BOND8. STOCKS. SECURITIES. FAMILY PLATE, COIN, DEEDS. and VALUABLES of every description received for safe-teeplng, under guarantee, at very moderate rates. The Company also rent SAFES INSIDE THRTR BURGLAH-PROOS' VAULTS, at prices varvlnir irom tic to 176 a year, according to size. An extra bIm for corporations ana uanKers. Rooms and doaks adjoining vaults provided for Safe neuters. DEPOSITS OF MONBV RECEIVED ON INTB REST at three per cent, payable by check, wlthoa notice, and at lour per cent., payable by check, o ten days' notice. TRUST FUNDS AND INVESTMENTS kept SEPARATE AND APART Ir im assets of Company. INCOME COLLECTED and remitted for one cent The Company act as EXECUTORS, ADMINIS TRATORS, and GUARDIANS, and KEOE1VE and EXECUTE TRUSTS of every description, from the Courts, Corporations, and Individuals. N. B. BKOWNE, President O. 11 CLARK, Vice-President. ROBERT PATTRBPON, Secretary and Treasurer. DIRECTORS. N. B. Browne, . Alexander Henry , Clarence H. Clark, John Welsh, Charles Macalester, Stephen A. Caldwell, weorge v: ryier, Henry C. 'libson, Edward w. oiariE, j. urnungnam ten. Henry Pratt McKean 5 13 rmwl THE PHILADELPHIA TRUST. SAFE DEPOSIT AND INSURANCE COMPANY, OFFICE ANO BUKdI.AK-PROOF VAULTS IT THE PHILADELPHIA BANK BUILDING, No. 421 CHESNUT STREET. CAPITAL, $500,000. For Sapk-kkepino or &ovkknmbnt Bonds and other Sbcukitibs, Family Plate, Jewelry, and other Valuables, nnder special guarantee, at the lowest rates. The Company also offer for Rent, at rates varying from 1 10 to tiiSper annum, the renter holding the key, SMALL SAFES IN THE BUKQLAR-PROOF VAULTS, affording absolute Security against Fins Tekkt, Burglary, and Accipent. All fiduciary obligations, such as Trusts, Guar dianships, Executorships, etc., will be undertaken and faithfully discharged. AU trvst investment are kept separate and apart from the Company's assets. Circulars, giving full details, forwarded on appli cation. , DlKJtriJKS. Thomas Robins, Benjamin B. Comeim. Lewis R. Ashhurst, J. Livingston Erringer, R. P. McCullagh, Edwin SI. Lewis, James L. Clachorn. Augustus Heaton, F. Katctiford Starr, Daniel Haddock, Jr., Edward Y. Townsend. John D. Taylor,! Hon. William A. Porter. OFFICERS. President LEWIS R. ASHHURST. Vice-President J. LIVINGSTON ERRINGER. Secretary R. P. McCULLAGH. Treasurer WM. L. DUBOIS. S Sfmwt OITY ORDINANCES, COMMON COUNCIL OF PHILADELPHIA. Clerk's Office, Philadelphia, March 17, 1871. J 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 creatine a loan for the extension of the "Water Works," is hereby published for public Information. JOnN ECKSTEIN, Clerk of Common Council. AN ORDINANCE CREATING A LOAN FOR THE EXTENSION OF THE WATER WORKS. Section 1. The Select and Common Councils of the city of Philadelphia do ordain, That the Mayor of Philadelphia be and he is hereby authorized to borrow at not less than par, on the credit of the city, two million one hundred and twenty-two thousand dollais for the further extension of the Water Works. For which Inte 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 the otlice of the City Treasurer. The principal of .said loan shall be payable and paid at the expiration of thirty years from the date of tbe same, and not before without the consent of the holders thereof; and tbe certificates therefor, in the usual form of the certificates of city loan, shall be issued in such amounts as the lenders may require, but not for any fractional part of one hundred dollars, or, if required, in amounts of five hundred or one thousand dollars; and it shall be ex pressed in said certificates that the loan therein mentioned and the interest thereof are payable free from all 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 the corpo rate estates, and from the sum raised by taxation, a sum sntlicicnt to pay the interest on Bald certificates; and the further sum 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 Binklng fund, which fund and its accumulations are hereby especially pledged for the redemp tion and payment of said certificates. RESOLUTION TO PUBLISH A LOAN BILL. Reaolved, That the Clerk of Common Coun cil be authorized to publish in two dally news papers of this city dally for four weeks the ordinance presented to Common Council on Thursday, March 16, 1871, entitled "An ordi nance creating a loan for the extension of the Water Wot kg." And the said Clerk, at the slated meeting of Councils after Bald publica tion, eh all prebeut to this Council one of each of said newspapers for every day in which the same ehall Lave been made. 3 17 211 THE ST. C L. O U U ." his new elegant and commodlsnB flmt-claga Hotel, oi ARCH Street, above SEVENTH, Now open. Terms, $3 psr dav. 4 1 tm O. W. H CLLIN & BKO., Proprietors. IOHN FARNI M & CO., COMMISSION MER chants and Manufacturers of t'ouestufta Tick ing, etc etc., No. fli CUK3NLT Street, PUlialcl-pkia,