The evening telegraph. (Philadelphia [Pa.]) 1864-1918, April 21, 1871, FOURTH EDITION, Page 2, Image 2

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THE DAILT EVENING TELEGRAPII PHILADELPHIA, FRIDAf, APRIL 21, 1871.
spirit of Tiis muss.
ETUToniAii ormoxs of the leading journals
trOM OtTETlKHT TOPICS COMPILED EVEUT J
DAT FOB T3B EVENIXGl TELEOK1PE.
TI1E NATIONAL BANKS ONCE MORE.
From the K. Y. World.
On Friday last the question on the issue of
tow notes in place of the present dilapidated,
preasy, nauseous ourrenoy of the national
tanks came np again in the House on; a
motion to concur in the amendment to the
National Currency aot previously adopted
by the Senate. Air. llolman, of Indiana,
promptly renewed the amendment which he
offered a few days ainoe to the same measure
when introduoed by the House Committee
on Banking to wit, that the banks should
be required to bear the expense of printing
the new notes and he was ably supported by
JJr. Farnsworth, of Illinois, who stated
that the reissue would cost $1,000,000, whioh
the national bank ring were trying to saddle
on the Treasury. Mr. Totter, of New York,
pointed out the large profits of the banks,
nnd argued that there was no reason why they
should not bear the expense. Mr. Kerr, of
Iudiana, always foremost in every good work,
exposed the magnitude of the present bank
monopoly, whioh, he said, "has no parallel in
the world either in; financial power or in the
munifioenoe of its revenues. It overtops
every other interest in the country, controll
ing the legislation of Congress, and con
trolling every other power that could limit its
monopoly."
The Republicans brought forward the old,
stale argument that the banks are already
heavily taxed General Garfield, who seems
to lose his usual good souse when the banks
are under discuRtiion, even forgetting himself
Bo far as to quota from the bank returns the
fact that the banks had in 1803 paid over
eighteen millions in taxes, or four and one
third per cent, on their entire capital. This
treacherous statement, utterly unworthy of a
man of Garfield's character,, was only half
parried by Mr. Kerr's apt quotation from the
Bame returns, to the fleet that after paying
these taxes and rich dividends besides, the
banks had nevertheless accumulated a stir
pins of over one hundred and thirty millions
of dollars, ox nearly thirty per cent, on their
entire capital. Telling as this rejoinder was
in exposing the merits of the plea, it does not
refute the virtual misstatement conveyed by
Mr. Garfield's figures. The true answer to it
is that three-fifths of this sum paid in taxes by
the banks is levied on their deposits, and has
nothing whatever to do with their currency
privileges, but is levied in the same way upon
all private bankers and chartered State banks,
who have no currency privileges of any kind.
It is time that honest men should cease usinj
arguments that are virtually mere tricks. The
payment of this tax on deposits does not
entitle the national banks to any more con
sideration than is accorded to every private
banker, or to every other citizen who pays
the taxes levied upon his business. It has no
more to do with the basks, as Issuers of
currency, than the tax paid by a bank presi
dent on his private income. The argument
would be precisely as strong if Messrs. Mor
rell, Griswold, and other Bessemer paten
tees were to plead the payment of their State
taxes as a justification of the infamous tax
of two or three millions of dollars which the
steel-rail tariff enables them to levy upon all
the railroads in the. oountry. If the ourrenoy
privilege, which constitutes the great mono
poly of the national banks, were removed to
morrow the banks would still have to pay the
bulk of these taxes on their ordinary business
as bankers.
The advocates of the banks have repeatedly
argued that the Treasury would not receive
these taxes from the banks, if their currency
privileges were withdrawn, for many of them
would go out of business, because without
the profits of their circulation they could not
live. The answer to that is that the . tax
would not be wanted at all if the currency
privilege were withdrawn from the banks,
for it would save the oountry twenty mil
lions of dollars wlueh the people now pay
as a . subHidy to the banks, which is
the naoBt wicked, inexcusable waste, and
a sheer ' robbery of the people, i urther
more, if any banks really oannot exist
without the profits on their currency
it is high time that they should cease to
exist, for a more preposterous idea than this,
that the whole, country should be taxed
twenty millions per annum to support half a
dozen banks in one-horse country towns who
nave not legitimate business . enough to sap
port themselves, surely never was beard of
And it is utterly false that any large number
of ' banks would cease to be profitable. On
the contrary, many honestly-managed con
cerns, whioh became converted into national
banks under the pressure of the war times,
are ntterly disgusted with the corruption, and
the fraud, and the dishonest monopoly en
gendered by the system, reiuse to avail
themselves of their currency privileges, and
would be only too glad to see the whole
system swept away. Again, when undor the
old act the privilege to issue currency
(.limited to three hundred millions or dollars;
was exhausted, national banks con
iinued to be organized witnout currency
privileges; and there is to-day soaroely a town
of five thousand inhabitunts in the United
States where there are not one, two, or three
private bankers besides, doing business right
alongside of national backs, doing the same
business that the national banks are doing,
receiving deposits, making collections, dis
counting notes, paying taxes to the Govern
ment, and making money, too, though without
a dollar of the subsidy of twenty millions
which is now wrung from the people for the
benefit cf the national banks. There is no
foundation for the pretense that the Treasury
would not receive the same amount in taxes
on the deposits of the banks (whioh const!
tute the bulk of the whole tax) if a few na
tional banks went out of existence; for there
would not be one dollar less to deposit, ex
cept perhaps the extra profit realized from
the subsidy, if there never had been a single
one of them beard of. The only difference
would be that the deposits would be made in
the hands of private bankers, who would
liave less contly buildings, would employ
fewer fancy cashiers, devote less time to poli
tics, and incur less rink by lending money
and doing other favors to political hacks on
whose inuuence tne permanence of their pre
Sent profits is supposed to depend.
After the discussion in the House on FrI
day, Mr. llolman's amendment making the
basks bear the expense of the reissue of
national bank notes was carried by a majority
of 10,'J to 70. But when, next day, the vote
was taken on the main question as amended
the reissue itself was rejected by a majority
of one 80 for and 87 ai'tuunt. It is notice
able that the number voting w as the same as
the day before, 173; but several members,
who were fully convinced of the injmtice of
taxing the country for the reitie, were 13H4
certain that the reissue ielf utn uootts-iary,
and Lance voted apparently iu fa for of tho
banks. But whereas the vote on the rutin
question a fortnight heforo, when the bill was
brought in from the Backing Committee, whs
107 to '-'.I, it was now a bare majority; shoe
ing tht the question was now fully under
stood by the House.
It is evident that the matter is far from
finnlly settled, and that it will shortly come
up again. We trust, by that time, some of
our friends will be prepared to ventilate the
subject f illy.. Here is Mr. Boutwell trying,
at an enormous expense for stationery, adver
tising, telegraphing, commissions, puffery,
and huttibng generally, to convert two hun
dred millions of six per cent, bonds into five
per cents, so as to save the country two mil
lions in taxes per annum; yet here are four
hundred millions of bonds lying in the Trea
sury, on which the country is taxed nearly
twenty-four millions of dollars, every dollar
of whioh goes as a subsidy, a free gift, with
out one particle of consideration, into the
pockets of a ring of national bank monopo
lists, who now impudently claim that the peo
ple hhould be taxed nearly two millions in
addition, in order to furnish these name banks
with clean notes in place of the filthy mgs by
means of . which, and on pretense of which,
they now oolleot this outrageous subsidy.
The true position of the cane is this, and it
should sever be forgotten. The suparior
greenbacks cost the people nothing, while the
inferior national bank notes cost the oountry
twenty millions of dollars per annum. And
the ring of monopolists who receive this
enormous subsidy forms the very centre and
nucleus of the whole tariff, land-grabbing,
subsidy-jobbing, radical nest of fraud and
corruption that is to-day, by means of the
tan 11 and the railroads, dividing up the whole
oountry into a series of independent satrapies,
in which each separate ring plunders the
helpless people to their hearts content. Of
this monster of oomponnd monopoly and
tyranny the national bank ring forms the
head and heart. This national bank ring is
the point at which Democracy should aim its
blows. Destroy the head, and the limbs and
body will lie helpless. The true Democratic
platform is the destruction of the bank, tariff,
and railroad rings by means of whioh radical
plunderers to-day hold the oountry in sub
jection.
THE END OF "GOVERNMENT BY THE
TEOPLE" IN NEW YORK.
from the S. Y. Time.
It will take the respectable members of this
community some little time to realize how
completely the legislation of the last few
days at Albany has deprived them of every
vestige oi tne ngnts ot freemen, "we have
our votes at least," say the simple souls who
nave not fathomed the mystery of the iniqui
ties of the ring. But of what nse are votes
when there is a new Election law, just
signed, expressly framed to make repeating
easy, and place fraudulent counting beyond
the possibility of outside interference when
there Is a Kegistry law which abolishes
the interval between the closing of the
books of registration and the opening of
the election, and which, by allowing any man
to ewear in his vote, although not regis
tered, removes the last slender barrier we
possessed against wholesale frauds ? Yet
even with this firm basis of power, the ring
are not content. It was barely possible that
even a popular election, so regulated, might
be a little capricious. Even Democratic pri
maries have their periods of insubordination,
and so tne prooess or popular disfranchise
ment has been carried further. Any officials
whose permanence is of the slightest conse
quence to the ring, are in fat are to be ap
pointed, not elected. First, there is the
Controller of "slippery" reputation aod mar
vellous power of cooking the records of
stupendous swindles; the new charter
of April last did not seek to deprive the
people of their share in his appointment.
'I'Iia AmATtliVianfa TBVi?rt1i ViavA i nof naauarl
the Legislature make him a nominee of
the Mayor. Then the Corporation Counsel, of
whom the original charter said: "He shall
be elected at a general election, and hold his
office for four years," has now been made
direotly dependent on the King, to whom his
services in Broadway widening and other jobs
have proved so valuable. The nominating
power of the Mayor is also increased by the
enlargement of the Fire Department and of
the Department of Fablio Charities, by the
withdrawal from the people of the power of
electing trustees of the publio schools, and by
the transfer to him of the appointment of
school inspectors.
Any officials who still, nominally, derive
their authority from the people are t be
made mere recording agents of the acts of
the four men who have been constituted
absolutely our masters. But, preparatory to
this regime being put in f oroe, provision is
made for continuing the present Board of
Aldermen long enough to render them per
fectly at home in their new position of "dum
mies," for which, it must be confessed, they
are admirably adapted. The charter of last
year promised us an election for Aldermen
''in the year 1871 ;" the charter as
amended confirms the present incum
bents in office till "the first Monday
in January which will be in tho
year 1873," leaving the next "popular" choice
to be made at the State eleotion of 1872, and
giving the Mayor the power of filling any
vacancies that may occur in the interval.
As is now pretty well known, "the Mayor,
Controller, Commissioner of Fublio Works,
and the President of the Department of
Fublio Parks," have received absolute power
"to make and agree upon the estimates of
the various sums of money which in their
discretion shall be required to meet oar
municipal expenditure. The Board of Su
pervisors have simply to accept the amount
which the ring oligarchs agree upon, and
cause It to be raised and collected accord
ingly. Not eontent with this very sweeping pre
rogative, however, the Imperial quartette re
appear with the addition to their number of
the Tax Commissioner and the Corporation
counsel, under the title of "the Board of
Street Opening and Improvements." These
are to replace the existing Board of Street
Opening, and are endowed with prerogatives
which are eimply monstrous. With that
part of the city lying south of Fifty-ninth
street this board is "authorized and em
powered" to do simply what they ploase, or
as the amended charter euphemistically puts
it, "to alter the plan of New York
City," "whenever they may deem it for the
publio interest so to do. They can close
htreets and avenues when and where they
may ueem it expedient so to do, aud tuey
may open, widen or straighten them,
entirely at their own discretion if need be,
for their own purposes, and as a certain re-
fcult, in utter contempt of the rights of pro
perty-holders, and with a thorough disregard
of the claims of tax-payers. The oharter
amendments, while they mainly provide for
the picking up of fortunes on Broadway by the
members of the riDg, do not neglect the
liowery pernios, whioh, according to the
WtAld, were seized with equal radiiiesi by
Tweed's receptive trunk. IcKtead of coiu
u:ittiug the obotrucUous of our biiotvullis tj
the jurisdiction of the polioe, a "bureau" is
to be created for the regulation of that espe
cial nuipsnoe, and it it probable lqalizing by
a recoi.ied synfera cf Mack-mail. Another
bureau" is to have control over the railroad
and ferries in so far as they are amenable to
corporation ordinances. SVe presume that
there does not exist a single citizen who be
lieves that the publio will get any fresh pro
tection from the "superintendent" and his
subordinates, nor do we imagine that anyone
doubts that the railroads and ferrios, and
through them the public, will be required to
bleed for this latest device for the employ
ment of City nail loafers.
The amendments to the charter and the
meanurea associated with them are, nearly
without exception, bold and insolent usurpa
tions of popular rights. The single good
feature which they present is that, being so
emphatically denpotio in their conception,
they cannot fail to be oppressive in their exe
cution. In ppite of organized fraud at the
ballot-box, and unscrupulous corruption in
every department of city government, the
people will find means to rise against their
oppressors at a day not far distant. The ring
have nothing that can now restrain them from
wholesale confiscation and plunder, but we
are no more prepared to believe that the
grave of popular liberty in this city has been
finally closed, than that usurpation such as
that of our present masters can be etornal.
DOES IT PAY TO BE A TKAITOR?
l'rm the K. Y. Tndepenaent.
The transactions at Albany last Saturday
are sufficiently startling, one would think, to
awaken the indignation of the whole country.
Is it not about time for us to ask ourselves
whether it is Bafe and profitable in this coun
try for a man to turn traitor? Instances of
treachery are multiplying, and tho fact argues
that tte publio virtue is deteriorating. It
shows that offenders of this sort are able to
calculate upon some degree of impunity in
the commission of such offenses. It proves
that there is less vigilance to detect and less
determination to punish such outrages than
formerly. The unblushing sale and purchase
of a member of our State Legislature, under
circumstances so notorious and aggravated,
ought to arouse the publio mind to a due con
sideration of the perils that threaten us.
It is a fact too well known that the Demo
cratic party in our Legislature,, having a
majority of one, which it had gained by
ejecting from hi seat a man lawfully elected,
had put upon their passage a variety of bills
of the most outrageous character. The city
tax levy showed a purpose to out-plunder all
the plunderers of former years; the new
Registration bill was intended for the en
couragement of fraudulent voting; and the
bill regulating places of amusement was
designed for the promotion of vic. We say
these things deliberately. There is no doubt
whatever of the purpose and intent of
the gang of thieves who rule this city
and who direct the legislation at Albany.
Their interest lies in debauching the public
virtue and in destroying the safeguards
of pure government, and they stiok at nothing
that will promote their interests. These
schemes of theirs were in a fair way of succeed
ing, when, unluckily, one of the ruffians be
longing to their party in the Legislature com
mitted a breach of privilege in assaulting a
brother Democrat, and the rural Demooraoy
joined with the Bepublicans in demanding
his expulsion. The Democratic majority of
one thus disappearing, legislation suddenly
came to a halt. The Itepnblican members of
the Legislature met in caucus, and pledged
themselves in writing not to vote for the
infamous measures thrust upon them by
the party lately lax im mjriky. X) ut ilio
chief of the bandits of our City Hall snapped
his fingers and laughed in derision at this
virtuous resolve, openly boasting that he
would buy a Republican. It was no vain
beasting.' After standing together for a week
in firm resistance to the villainies of their
opponents, the Bepublicans were suddenly
burprised last Saturday morning by the cool
announcement of one of their number that
he considered this aotion of theirs an "out
rage," and that he proposed thenceforth to
vote with the Democrats on every party ques
tion! If ow, what is to become of this man ?
Doubtless he has secured by this treachery an
independent fortune; but what is Lis position
in society to be henceforth ? What kind of
reception is he to have from his neighbors
when he returns to his home? We give a wide
berth to horse thieves and pickpockets; should
off enders of this trade have any more respect
or recognition in society? - Benedict Arnold
lived and died under the burden of a na
tion's curse. The treachery of this man ia
more deliberate, more cowardly, far less
excusable than . that of Arnold. . The ene
mies to whom Arnold sold himself , were
open and honest enemies, who were doing fair
battle against his oountry with steel and gun
powder. The enemies to whom this man has
sold himself are men who with the poisoned
shafts of political corruption and the deadly
weapons of bribery and debauchery are over
turning our liberties. If Arnold deserved to
feel the heat of a people's anger and to taste
the bitterness of a people's scorn, this man
deserves it more. If Arnold was driven from
bis native land to seek ineffectual shelter
among the foes of bis country, who had used
him and despised him, this man should be
made to feel that there is no harbor for him
in this land, nor in any land where honor is
not a by-word. Let him take the price of his
manhood and be gone with it !
SLANDEIi.
From the K. Y. Tribune.
The Timet on Wednesday omitted to publish
the straightforward and explicit retraction of
its Blander on uovernor .teuton which, in a
moment of misplaoed confldenoe, w e expected
from it. The Times has reoently been an
eloquent denouncer of reckless journalism.
It rejoiced the other day over the verdict in
the Goldschmidt libel suit as a salutary lesson
to newspapers which abuse the liberty of the
press by invading private character; and it
justly remarked that "there are papers here
which would stand a very poor chance of car
rying on business i f the law of libel afforded
calumniated persons any real protection."
The libellous story which occasioned these
remarks was an unfounded report that Mr,
Goldschmidt had squandered his wife's pro
perty. Ibe inK is naraiy ury on the cam
menta we have quoted when the Time pub
lifihes a libel a thousand fold more atro
cious, accusing an eminent Se
nator of selling out his party and
conspiring with nis political opponents to
bribe a member of the Legislature. Such a
charge as this ought never to be made except
upon the most convincing evidence. The
limes seems to nave naa so evidenoe at all.
It spoke upon the faith of a baseless Albany
minor, confirmed, as it supposed, by the
statement that Governor Feuton had called
upon Jay Gould at the Erie offices, and held
a prolonged Interview with Lim. We have
inquired iato this cirouuktance (as the Timet
miht have done aud ougut to have done;,
and are able to say that the btatement is uu
tiue. Governor i'entoa went to the publio
ofTees of the Erie Company with another
gentleman to give orders for th transporta
tion it certain frri-ht over the road, aud,
having trnnsaoted his bnmns, came away.
He was not in the bnilding fifteen minutes.
Mr. Fentoa has denied in the most sweeping
and empbatio manner the chmrgM which have
been made against his integrity, and we are
satisfied that , all impartial men believe him
to have been shamefully maligned.
Under these circumstances it was reasonable
to expect from the Times a frank withdrawal
of its aoouimtions and an apology for miking
them. It gives us, instead, a number of
reasons for suspecting Governor Fenton on
general principles, and . leaves the pub
lio in doubt whether it means to re
tract or to reaffirm charges which it own
itself unable to support. This is neither
manly nor decent. The readiness of a jour
nal whioh proclaims itself tho champion of
propriety to seize upon the most infamous
falsehoods and repeat them without a shadow
of reason, Is astonishing enough; but its hesi
tation either to persist in its position or
manfully to drawback is more surprising still.
We commend once more to it, and to its com
rade in slander, the Springfield Rrpublican,
the excellent sentence above quoted:
"There are papers here which would stand a
very poor chance of carrying on business if
the law of libel afforded calumniated per
sons any real protection.
SPEOIAL NOTICES.
rgs- rniLATKLrnu and
w ROAD COMPANY, Oftl
RKADINO RA.IU
Office Ho. Vil South
jnuitiiii ireci.
FHILAPKLrHIA, April IB, 1RT1.
Aspeclal meeting of the Stockholders of the Phila
delphia and Heading Rallroai Company will be held
att he office of the aali company, In the city of Phil
dHphla, on the eighth day of May, ISTI, at IS o'clock
M-, when and whore the Joint agreement entered
into by the Board o f MunaKers of the I'niiadelphta
and Reading Railroad Company and the Board of
Iiirectora of tho Lebanon and Tremont Railroad
Company, for the consolidation of the said com
panies, and the merger of the Lebanon and Treinout
Railroad Company l'ntoth 1'hlladulphta and Rea'i
Railroad Company, will be submitted to the said
stockholders, and a vote, by ballot in person, or by
proxy, taken for the adoption or refection of the
same. J. W.JON as,
4 19 Secretary.
rK? Fill LA DELPHI A AND REAPING RAIL-
ROAD COMPANY, Office No. M 8. FOUHltf
Street.
i PiiULAPBi-rniA, April IS, 18T1.
A Fpcclal Meetlnjr of tho Stockholders ef the
Philadelphia and Reading Katlrond Company will bo
held at the Office of said company, in the city of
Philadelphia, on the 5th day of May, 1871. at 12Stf P.
JVJ., w hen and where the joint agreeoent entered
into by the Board of Manager of the Philadelphia
and Reading Railroad Company and the Board of
Pircctora oi the Northern Liberties and Pena Town
ship Railroad Company for the consolida'iioa of the
paid companies and tho merger of the Northern
Llbertle and Penn Township Ratlrmi Cniriny
into the Philadelphia and Reilnar Ratlroa l Com
pany will be submitted to the said stockhol lers, and
a vote by ballot. In person or by proxy, taken for the
adoption or rejection of the same.
J. W. JONBS,
4 lj Secretary.
OFFICE OF TUB LEBANON AND TKZ-
MONT RAILROAD COMPANY. No. 2T7 8.
FOTJKTh Street, Philadelphia, Ap il 15, Wl apo
dal meeting oi tne KtocKnoitters oi ine iieoanon ana
Tremont Railroad Company will b hold at the office
of the said company in the city of Philadelphia, on
the eighth day cf May, 1871, at 12 o'c'ock M., when
and where the Joint agreement entered Into by the
Board of Managers of the Philadelphia and Heading
Railroad Company and tho Board of Directors of the
Lebanon and Tremont Railroad Company lor the
consolidation of the said companies, and tne merger
of the Lebanon and Tremont Kailroad Company into
the Philadelphia and Reading Kailroad company.
will be submitted to the Bald stockholders and a vote
by ballot In person or by proxy taken for the adop
tlon or rejection of the same.
ALBEKT FOSTER, Secretary.
tgST SCHUYLKILL ANL SUSQUEHANNA RAIL-
POAD COMPANY, Office, No. 227 South
FOURTH street.
Philadelphia, prtl 10. 1871.
Tho Aiinunl Weetlnn or tho Stock tiolctnra of tilts
Company and an Election for President and six
Managers will tHke place at the Office of the Com
pany on MONDAY, the 1st day of May next, at 12
O CIOCKAl. ALUUUl' toninit,
4 10 8w Secretary,
gjgf NORTHERN LIBERTIES AND PENN
w TOWNSHIP RAILROAD CO., Office No. W2I
8. iuUKi ii btreet.
FHiT.AnKLrHiA. April 11. 197L
The Annual Meeting of the Stockholders of this
Company, and an Election for Officers to serve for
the ensuing year, will be held at the OiUce of the
Company, on MONDAY', the 1st day of May next, at
11 X OCIOCK A ill, , Altllf JTOS l fc It,
4 11 lit Secretary.
jfff THE UNION FIRS EXTINGUISHER
COMPANY OF PHILADELPHIA
Manufacture and sell tne Improved, Portable Fire
Extln guiltier. Always Reliable.
D. T. 0AGB,
80 U No. 118 MARKET St., General Agent.
BATCH ELORS HAIR DYE. THIS SPLEN.
did Hair Dve la the beat In the world, the only
trne ana penect uye. . uarmieea rteuaoie mstan
tflneona no dlaannolntment no ridiculous tints
"Ikx nr Uontain Lead nor any FxicUie Po(on to in-
iureint Hair or S mwm." invigorates tne Hair and
leaves It soft and beautiful : Black, or Brown.
Sold by all Drugglnts and dealers. Applied at the
Factory, No. 10 BOND Street, New York. 4 87 mwfi
JOUVIN'S KID GLOVK CLEANER
restores Boiled glovea equal to new. For sale
by all druggists and fancy goods dealers. Price 25
oenta per oouio. 11 iiwu
mtt- DR. F. R. THOMAS, No. 11 WALNUT ST.
formerly operator at the Colton Dental Rooms,
devotes liis enure practice to extracting teem wti.u
ont pain, with fresh nitrons oxide gas. 11 lit
ti??- DISPENSARY FOR SKIN DISEASES, NO.
216 S. ELEVENTH Street.
' Fattents treated igratultously at this Institution
daily at it o'clock. 1 1
LOOKINQ CLASSES, ETC.
NEW ROGERS GROUP,
"RIP VAN WINKLE."
NEW C11R0MOS.
AH Chronics sold at 85 per cent, below regalar rates.
All ot Prang's, Hoover's, and all others.
Seed for catalogue.
I.ooliIngCj3 lasses,
ALL NEW STYLES,
At the lowest prices. All of oar own manufacture.
JAMEG 8. EAR LET & 80H8.
Jo. 810 GHESNUT STREET.
CROCERIES, ETOi
T ONDON BROWN BTOUT AND
SCOTCH ALE,
la glass and stone, by the cask or doEen,
ALBERT O. ROBERTS,
Dealer In Fine Orocertea,
Comer ELEVENTH and VINE Sta.
WHISKY, ETO.
CAR&TAIR8 & McCALL,
Fo. 126 Walnut and 21 Granite Sta.,
IMPORTERS OF
Ei ar die Wlcei, Gin, Olive Oil, Etc.,
WHOLESALE DEALERS IN
PURE RYE WHI8KIE8,
IN BOND AND TAX PAID. U
UNANCIAL.
Wilmincton and Reading
Railroad
7 miX CSIJT. EOIJJ33.
Frco of Taxoo
We are now filtering a limited amomtof ths
SECOND MORTGAGE BONDS of this llompany
At Mnml Accrued Interest.
The Bonds are Issued in
S I OOs, 8500s, and SI OOOs.
COCFONS PAYABLE JANUARY AND JULY.
We placed the FIRST MORTGAGE BONDS of
thlg Company at 85 per cent They are now bringing
on the open market 95 per cent. This fact is strong
evidence of the standing and credit of this Com
pany.
The road is now finished and doing a large and
profitable baHinesa.
VM. PAINTER & CO.,
BANKERS,
And Dealers In Government Becutea,
Wo. 30 South THIRD Stroct,
PHILADELPHIA.
A RELIABLE
Safe Home Investment.
this
Sunbury and Lewistown Railroad
Company
7 feu kurj-r. gold
First Mortgage Bonds.
Interest Paynble April and Octo
bcr. Free of Ktate and United
States Taxes.
We are now offertnir the balance of the loan oi
tl.BOO.OOO, which is secured by a 11 rot and ouly lien
nine enure property ana irancnises oi the Com
pany,
At 00 and the Accrued Interest
Added.
The Road la now rapidly approachlngr completion,
with a large trade in COAL. IKON, and LUMKKH.
In addition to the pa.sseuprer travel awaiting the
opening oi hub frrtnw j neeneu enterprise. The local
trade alone 1 suillciently large to suataln the Road.
W e have no hesitation In recomnieBdinar the Bonds
as a CHEAP, RELIABLE, and SAFE INVEST
MENT. For pamphlet, with map, and full Information,
WW. PAINTER & CO.,
BANKERS,
Dealers In Government Secarltles,
No. 36 South THIRD Street,
' PHILADELPHIA.
SPECIAL NOTICE TO INVESTORS.
A Choico Security.
We ;are now able to BHpply a limited ainoa
of the
Catawissa Railroad Company's
7 PER CENT.
CONVERTIBLE MORTGAGE EONDS
FREB OF bTATB AND UNITED 8TATK3 TAX
Tbey are Issued for the sole purpose of baildlns
the extension from MILTON TO VViLUAMSfOKl
a distance of 80 titiles, and are secured by lion on the
entire roaa ej nearly iou tnuea, fully equipped and
doing a nourish lng business.
When it is considered that the entire Indebtedness
of the t ompauy wl:l be less than i8,0oo per mile,
leaving out tU-lr Valuable Coal t'rojerty aoret,
It will be seen at once what an nnusual amount oi
rcnrlty Is attached to these bonds, and the? there.
f oim must commend themselves to the most prudent
investors. &a additional advantage u, that they
can be converted, at the option of the holder, after
is years, into tne rreierrea oiock, at par.
They are registered Coupon Honda (a srreat safe
guard j, lBued in sums of f&Mand i(XK. Interest
payable February and August.
Price s and accrued Interest, leaving a good
margin ior advance.
For further Information, apply to
D. C. WIIHRTON SMITH & CO.,
No. 121 SOUTH THIRD STREET,
IKi PHILADELPHIA.
DUNN BROTHERS,
DANUliUS.
Nos. 51 and 53 S. THIRD St.
Dealer in Mercantile paper, Collate rU Loans,
Government Securities, and Gold.
Draw Hills of Exchange on the Union Bank of
London, and tosne travellers' letters of credit through
Messrs. HOWLK3 HR03 fc CO., available In all the
cities of Europe.
Make Collections on all point.
Execute orders for Bonds and Btocfcs at Board of
Brokers.
Allow Interest on Deposits, subject to check at
sight. 11
F
o XI
HALE,
Six Per Cent. Loan of the City of Wil-
liameport, Pennsylvania,
Froe of i v 1 1 Tuxo h,
At 69 and Accrued Interest.
These Bonds are made absolutely secure If act of
Legislature compelling the dry to levy snmolunt tax
to pay tnuu-tst and principal.
p. o. PETEnGori a co.,
No. 28 S. TUIUD STRKET.
a " r&ILADBLPUIA.
FINANCIAL..
JAY COOKE & CO..
rniLADKLrniA, PEW TORS and WASHINGTON.
m COOKE, KcCOLlOCH t CO.,
LONDON,
IJA.1VIIIGI?
AMD
Deslert m Government Securltict,
Special attention irlven to the Purchase and 8le
of Uonfls and Stocks on Commission, at the Board of
Brokers in this and other cllls.
INTEREST ALLOWED ON DEPOSITS,
COLLECTIONS MADE OS ALL POINTS.
GOLD AND blLVER BOUGHT AND SOL
In connection with our London House we arejiow
prepared to transact a general
FOREION EXCHANGE BUS1NES3,
Including Purchase and Sale of Htoriing Btlla, and
the lssae of Commercial Credits and Travellers Clr
cn.ar Letters, avallnble la Buy part of the world, and
are thus enabled to receive UOLD OS DBP08IT,
and to allow four per cent, interest in currency
tncrcon.
Having direct teleffranhlc commnnicatinn with
both onr New Tork and Washington omces, we can
offer superior facilities to onr customers.
RELIABLE RAILROAD BONDS FOR INVEST
MENT. Pamphlet and full Information given at onr office,
aasmrp No. 114 S. THIRD Street, Phllada.
f30 500
mmiiissoia ariAr.ii:o,
1 BANKER.';
DKPOS1T ACCOUNTS RKCEIYFD AND INTER
EST ALLOWED ON DALLY BALANCES.
ORDERS PROMPTLY EXECUTED FOR THTB
PTJRCBA82 AND 8ALB OF ALL RELIABLE 63
CURITIE8.
COLLECTIONS MADH EVBRYWHKR1I.
REAL K8TAT8 COLLATERAL LOANS KSQQ
TIATED. (8 ST em
Wo. 630 VAUTDT St., PMIal.
SAFE DEPOSIT OOMPANIEH.
THE P22JKSTLVA5IA COMPA&Y
FOR INSURANCES ON LIVES AND
GRANTING
ANNUITIES,
Office Ho. 304 WALNUT Streei.
INCORPORATED MARCH 10, 1813.
CHARTER PERPETUAL.
CAPITAL $1,000,000.
BTJBPLTJS UPWARDS OF 8750,000.
Receive money ondepos'r.retaranl'j ondemand,
for which Interest la allowed.
And under appointment by Individuals, corpora
tions, and courts, act as
EXECUTORS. ADjM INISTRATORS, TRUSTEES,
GUARDIANS, ASSIGNEES, COMMITTEES,
RECEIVERS, AOKNTS, COLLECTORS, ETC.
And for the faithful performance of Its duties aa
snck all Its assets are liable.
CHAKLE3 DUTILII, President.
William B. "iu, Actuary.
DIRECTORS,
Charles Dnttlh, Joshua B. Llpplncott,
Henry J. Williams, ICharles U. Hutchinson,
William S.Vaux, l.indley Smyth,
John R. Wucherer, ,Oeorj?e A. Wood,
Adolph E. Borle, Anthony J. Antelo,
Alexander Blddle, Charles S. Lewis,
Henry Lewis.
gECURITT FROM LOSS BY BURGLARY
ROBBERY, FIRE, OR ACCIDENT.
The Fidelity Insurance, Trust, and
Bafe Deposit Company
OF PHILADELPHIA
IN THBIH
New Marble Fire-proof Building,
Nos. 829-331 CHE SNOT Street
Capital subscribed, fl.ouO.ooo; paid, 1700,000.
COUPON BONDS, STOCKS, SECURITIES,
FAMILY PLATE, COIN, DEEDS, and VALUABLES
of every description received for sae-keeplnir, nnder
guarantee, at very moderate ratea.
The Company also rent SAFES INSIDE THEIR
BURULAR-PKOOff VA ULTS, at prices varying lrora
lis to 76 a year, according to size. An extra s!k
for Corporations and Bankers. Rooms and dedka
adjoining vault provided for Safe reenters.
DEPOSITS OF MONEY RECEIVE O ON INTO
REST at three per cent., payablo by check, wlthoa
notice, and at four per cent., payable by check, o
ten days' notice.
TRUST FUNDS AND INVESTMENTS kept
SEPARATE AND APART Ir m assets of Company.
INCOME COLLECTED and remitted for one p
cent.
The Company act aa EXECUTORS, ADMINI3.
TBATOliS, aDd GUARDIANS, aud REOL1VE and
EXECUTE TRUSTS of every description, fromtlm
Courts, Corporations, and Individuals.
N. B. BKOWNE, Presldont
O. II CLARK, Vice-President.
ROBERT FATTKISSON, Secretary aud Treasurer.
DIKEC'IORS.
N. B. Browne, . Alexander Henry.
Clarence H. Clark,
Stephen A. Caldwell,
George F. Pyier,
Henry C. Ulbson,
J. UiLinijliam lelL
John w eiun,
Charles Macalester,
Ed war a w, oafk,
llenrv Pratt McKean,
is 13 f mwl
rpHB PHILADELPHIA TRUST.
A. SAFE DEPOSIT
AND
INSURANCE COMPANY,
OVriCB AKD BUHOLAB-PROOI VAULTS P
THE PHILADELPHIA BANK BUILDING.
No. 41 C-HESNUT STREET.
CAPITAL, 1.100,000.
Fob SiFi-KEKrixo of Govkrnmbnt Bonds and
other Sscranisg, Family Platb, Jkwklky, and
other Valuables, nnder special guarantee, at the
lowest rales.
The, Company also offer for Rent, at ratea varying
from 116 to 76per annnui, the renter holding the
key, SMALL SAFES IN THE BUKULAR-PKOOF
VAULTS, atforalng absolute Skctkity against Fibs
TH E if T, BLMOLAMV, aild ACClbBNT.
All fiduciary obligations, such as Tkusts, Guar-oiAKHiui-s,
EiF.trioKhiiifd, etc., will be undertaken
and faithfully discharged.
A U truxt inveatmenee are kept separate end apart
frctn the Company' ow.
Circulars, giving ruil details, forwarded on appli
cation. Thomas Robins,
Augustus Heaton.
Lewis R. Aslilmrst,
J. Livingston Eniiiger,
R. P. Mi Cullagh,
Kdwin M. Iww,
lames L. Clajrhorn,
1!.-iiihiuid B. C'oiueirys,
F. Ratchford Starr,
Daniel Ihiddock, Jr.,
Edward V. Towusond,
John I). Taylor,
Hon. William A. Porter.
Edward M. llsudy,
OFFICERS.
President LEWIS R. ASH HURST.
Vice-President J. LIVlNu'STOM EKRINGER.
hecretary R. P. MK l'LLAGli.
Treasurer WM. L. DUBOIS. S 3fmw
rjA h b
8 T
C W O V D . "
This new elegtuit and commodious flrnt-cls Ilotet,
on ARCH btreut, above SltV KN TH.
Nov opoo.
Twtna, i 'x dav.
4 1 im Q. W. il ULLLN A BlwO., Proprietors.