Scbforb Inquirer. UKUKOKU, PA., FRMAf, DIP 6, IMPEACHJKBHT. This subjwt appears to bo the only one now seriously agitating Congress. It was hardly supposed two weeks ago that a ma joritv of the Committee to whom was a signed the unpleasant duty ol hunting up evidence against the Presidential incumbent, would report in favor of the Impeachment of that Functionary, yet contrary to the ex pectations of many of those who esteem themselves prophets, the majority of that body of enlightened men have reported in favor of bringing the Presidential criminal before the bar of Justice, and there selling the question of President! il usurpation. This is as it should be. The time has come when the assumption of powers, u>t ex pressly delegated by the Constitution to the President- should be forever settled. It Andrew Johnson can in time of jvaeo usurp the functions of the Legislative bran;', of the Government, without making him self amenable to the laws, then let tb> American Congress sink into well metaled contempt. Almost from the very das :S: - Andrew Johnson became !'•. -i'Pnt to tVi inomcnt, has he treated C mere-s with dt respect and opprobrium, even endrav ■: a to evade its solumn enactments and to spnrn its earnest protests against his suicidal policy. He has seldom treated that body as a co-ordinate branch of tho G v eminent, and with ai! this patent to every Republican Congressman, many will be found who will shrink from the work oflni peachment with "fear and trembling, 1 ' and eat dirt from tho hand that has ever been raised again-: them. We have no idea that impeachment will amount to even a rea sonable bugaboo. Congressmen have bait ed and quaked at their own- shadows uniii the President now calmly laughs at tbeii spasmodic effort at dethroning bim. We are not sure that the Senate would proceed to investigate the articles preferred by the House, with that determination to bring the Presidential culprit to justice that would indicate a serious effort to convict, were even the House under the whip and spur to adopt the report of the majority of the Committee. Under these circumstances our readers can take it for granted that An drew Johnson will kick and cuff the Amen can Congress about like old shoes until the end of his term, without more than a defi ant threat on the part of a few of the most fearless and manly who have tho misfortune to be in Congress at thi- time, PROGRESS OF RECONSTRUCTION. Congressional Reconstruction moves for ward in every Southern State where eke tions have been held in favor of Conven tions to form Constitutions, save in South Carolina, where the Convention ha- failed owing to the smailness of the vote ea-t out of the whole number registered. Virginia, North Carolina, Georgia, Florida, Alabama. Mississippi, Louisiana and Arkansas have each voted in favor of a Convention, and in Alabama the Convention chosen assembled a week or two ago and has been pushing ps labors with remarkable vigor. Its action - have been characterized with much harmo ny and wisdom. A number of the delegates are colored men and tlicir action ha been prompted by the largest liberality. If the proper steps are taken by those whose duty it i to see that the Southern people are properly educated up to the re su'tsofthe war, aud should the same liberality characterize the action, of other Convea tions which has characterized the Alabama Convention np to this time, every Southern State, which has voted uuder tberceon-true tion aet, except South Carolina, will be fairly reconstructed and have its Congressional del egation in the next Congress. No efforts •hould be spared to bring about this result. The Congressional policy is bound to win if Congress and the Northern people only stand fairly up to the work. The adherent - of Congress have a clear majority in every State lately in rebellion if local questions do not effect them. The same sacrifices -hould ' be made by the friends of freedom an J of equal and exact justice to all in those State as were made by the framers of the Consti tution of the United States. IT is amusing to see the'Coppcrhe-ad pa- j per- easting about them for a Presidential | candidate. Now one trumps up one here, then another lights upon one there, and then they flap their wings and soar aloft for a few rods and tumble headlong into oblivion. What are tbey to do? Nobody want.- their kind offices. Must the office really go beg ging? Why not run the martyr, Vallan digham? Vallandigham! Valandighaml Come, now here ! s your representative man ! Don't leave him "out in the cold" after fighting your battles during the war. CONGRESS, since its assembling on the —lst ult., has done very little. The Finan cial question will be the most important af ter impeachment. There is no telling ho^ this GH-S"-irifone and will require very careful investigation. It is evident that radical changes will be made. CHARLES DICKENS, the celebrated Hng li.-li novelist, has arrived in Boston, Massa chusetts, and given several reading-. He is represented to be a marvelous imperson ator of the characters which he has so graphically sketched in bis various work.-. He reads in New Fork the latter part of this week. THE trial of Jefferson Davis has been postponed until the 20th of March, isGg, when it is understood that Chief Justice Chase will try him. It is quite likely that Jefferson will be placed in the dock about that time and until then we expect to wait to see the smoke that it will end in. feoME Republican papers are publishing a prospective electoral vote in the next Presidential canvass exhibiting a Repub lican success without the States of Pennsyl vania and New York. They might as well propose the play of Hamlet with Hamlet I left out" It would bo as feasible. WE expect to lay the President's Message j before our readers in our next issue. SENATOR BUCKALEW, it is said by a co temporury, told a Democratic audience in Poylestown last week that he was clearly of the opinion that the Repuplicans would elect the next President without doubt, even if the Democrats should hold all they got this year, when national questions were not the only issue before the people. WESTON, who was to walk front Portland, M line, to Chicago in Illinois, in 2fl days er clusive of Sundays and on some one of the twenty two days to walk one hundred miles, has aeeomplihed the feat of walking the whole distance in the time specified, but failed to accomplish the one hundred mile feat. THE SPEAKER of the House, Mr. Colfax, on Monday '2sth ult.. announced the com mittees of the present Congress. General Schenek, of Ohio, is chairman of the Com mittee on Ways and Means, and Thaddeus Stevens chairman of the Committee on Ap propriations. HON. HORACE GREELF.V has been con. firmed Minister to Austria. We hope that Mr. Greely will maintain his resolution not t 0 1 o exiled from the United States during ihe Presidential canvass just about to open up- I.IIP EACH.It EN T RECORD. Our limited space precludes us from pub lishing in full the Report of the Judiciary Committee in favor of the impeaching An- Iraw John on. The following are tnc main facts: —- The evidence upon which the majority oi ih Committee report in favor of Impeach ment discloses the following facts: Anuneon stitutional usurpation of the power on the , part of the President to organize and recog nise the civil State Governments; tiiedenial of the right of Congress to control the work of organization, and ihe exercise of power and omission of duties in support of this usurpation and denial; the wilful and un constitutional assumption of power h> sus pend the operations of the acts of Con cress, and the corrupt, wilful and unconsti tutional refusal to execute the laws; the au ttiorized and illegal surrender and sale of Government property, and the fraudulent breach of the public trust, wherein the ae tion of the President in relation to the Southern railroads is detailed at length, and touch evidence is given relative to the sale and surrender of railroads and rolling stock, and other property in which it is shown that all this property was turned over against the advice of the {Secretary of War, and Quartermaster General. It is also -hown that the President extended the time for the payment of installments of principal and interest on the railroads purchased by th 1 reLel companies. The evidence further -hows that these railroad companies had a sufficient amount of money on deposit to meet their indebtedness. By his connection with the Southern roads, it showed that he realized a profit of over eighteen thousand dollars. The other grounds of impeachment are the corrupt and unconstitutional abuse of the veto power; the abuse of the pardoning power, the surrender of property to rebels; >he disregard of the rights of the property of refugees and freedmen, and of the United States, and the unconstitutional and corrupt exercise of the appointing power. Under the latter head, a vast amount of testimony has been taken relative to the suspension and appointing of civil officers, and the cause therefore, in direct violation of the law. THE IMPEACHMENT QUESTION.-—' The Washington correspondent of the Philadel phia Evening HuHctin savs; , , Among politicians, yesterday, the time was principally occupied in a general can va-s for ascertaining the prospective vote on imp, aliment when that question comes up for a final verdict. The excitement over it has become calmed, giving many who bid not done so an opportunity to glance through the testimony. "Attending Thanksgiving sermons*' here among Congressmen was named as meaning the reading of the im peachment testimony, and in this respeei th day was well observed The effect har been marvellous, and there no longer re mains a doubt that the subject will have to be dropped, and that speedily, if the Repub beans desire to maintain harmony in their ranks, for within two days many who during the year past openly advocated such a mca -are, now, with the evidence before them, hesitate not to say it ; s devoid of sufficient proof to sustain the charges. They confess that there are many very ugly facts in the evidence against the President, but do not consider them impeachable. Of thirteen Ohio members who have been the strongest for impeachment, the canvas yesterday showed ail but four have changed, and in the New York delegation, but three arc counted sure for it. The Republican press throughout the country has counseled such a measure, and this has served to strengthen the anti-impeachment party. As things now stand, the heaviest vote that can be polled for impeachment is fifty seven, and an application of party pressure cannot change this much. Although it seems probable that when the matter comes up next Wednesday, a very large amount of speech making will he done, yet it is equally certain that the matter will be laid upon the table, and a vote of censure of the President and an expression of want of confidence in his constitutional advisers in the Cabinet, will he passed by a strictly party vote, and thus end the impeachment agitation. WESTON ARRIVED AT HIS JOURNEY'S END.—Weston, the great pedestrian, has reached Chieago. He walked 1,270 miles in Jess than twenty-six walking days. Such a task would probabiy have killed the most powerful horse; but the man has thrived under it. He has averaged fifty miles aday for a stretch of one month _at ji and WlWe Pacific at the same rate of travel He has done what no man has ever attempt ed before, and desei ves honor for the oer sister.cy he has displayed in his undertaking. An account says Mr. Ingalls, who accom panied \\ eston, is completely worn down with excessive fatigue, although he has rid den the entire distance, and savs he would not repeat the trip for §IO,OOO in gold. >\ eston, however, seems never to be tired, no matter how far he has walked, or how bad the roads are, and what is still more singular, never perspires. THE following is from the Albany .Journal: Some of the papers are complimenting Gen. Spinner because several billions of money have passed through his hands without the loss of a dollar. This is well enough where the General is not known. But here, we would as soon think of complimenting the sun for shining, as General Spinner for be ing honest. Like the delight of dogs "to bark and bite, neither of theni can help it; for in the language of the primer " God hath made their, so." A. K. MCCLURE expects to be back from Montana early next spring, and to start a journal at Ilarrisburg. His published let ters from Montana have given hiui addition al reputation as a thinker as well as a writer; and if he shall carry his journalistic inten ions into effect there will be a lively time at j the State Capital, with a fair prospect that \ whatever journal or journals shall survive the i competition will do so by legitimate enter- j ! pme and talent. GENERAL NEWS ITEMS. GKNF.KAL ROUSSEAU has assumed com mand of the Department of Columbia. PAUL MORPBY IS in Paris. He is not report ed as playing in any chess matches of late. ANNA E. DICKINSON is lecturing on politi cal subjects in New York city. THE WAYS AND MEANS COMMITTEE is unan imously in favor of a repeal of the tax on cot ton. THK population of the State of lowa, AS shown by the records of the recent census, is 902,010 —a gain in two years of 147,011. THE New York Independent has been en ged to sixty four columns, making it the lar gest newspaper in America. THE body of a woman in Georgia, buried seventeen years, was lately dug up petrified like marble. THE portrait of President Lincoln is being woven in silk at Lyons, France. He is the fourth person who has been similarly honor ed, MURK than five thousand Japanese are said to have destroyed themselves during the past twelve months, and it was not a good year for suicides either. BRTCHAM YOUNG has ordered ull of his voting men to marry, and says that if after a certain specified date any young woman are left unwed he will marry them himself. A canvass of the House Committee on Banking and Cutrency. shoivs only two mem bers of it opposed to the National banking system." * THE GENERAL ASSEMBLY of the Presbyteri an Church of the United States will hold its next session in Baltimore, commencing on the third Tuesday of May next. A SMALL bodv of French cavalry still occu py Rome, and probably will permanently. With this exception the French troops have evacuated the Papal Dominions. IT is given out that the President will nom inate Hon. S. S. Cox. of New York, formerly of Ohio, as Ministei to Austria vice Horace (freely, who has declined the position. A brakeman in Canada was dragged by a train ot cars for miles, he holding on by a rail ing while bis feet kicked over the sleepers in the road. The unfortunate man wore out his boots. A YANKEE has purchased an island in the Ohio rive-and stocked it with black cats, to raise the animals for the sake of the fur. He will be able to ''make the fur fly," without doubt. ONE HERMANN SCHWARTZ arrived at Rich mond, Virginia, the other day, from the Wil derness. and attempted to pass a twenty dol lar Confederate note, not knowing, it is snid, that the war was over. MR. DICKENS visited the Boston schoolship the other day and made a speech to the ap prentices, winding up with, "Boys, just do nil the good you can, and don't make any fuss about it. SANTA ANNA, before his sentence, made his last will and testament, declaring his property amounted to $3,000,000, in which is included the villa he owns in St. Thomas. DURING the present year, up to Wednesday last there have arrived at New York 228,279 emigrants, 6, 159 more than had arrived laßt year at this time. IT is generally believed Mr. Greely will not accept the position of Minister to Austria, for which he was confirmed by the Senate, aud that the President will tender it to ex Sena tor Foster, of Connecticut. IT is said that the United States bonds have already paid as much to the holder iu the sbap? of gold interest as the Government got for them, counting the premium on gold at the time the bonds were issued. HON. J. M. Boris was at the Capitol on Saturday, urging Representatives to remove the disabilities from several classes of Virgin ian* now excluded from the polls. He prom ises to establish a new Conservative party ot whites and blacks if this is done. THE Savannah Republican is reliably infor meu lUCIC SIC nun II.CI unn .lioueniiv* Unlre of cotton along the line of the Central Rail road awaiting transportation. The trouble seems to be in the ignoranceor worthlessuess of the Uuited States tax assessor. "MARK TWAIN" was at the Sandwich Is lands when the captain of the ill fated ship Hornet arrived. He wrote out a clever and elaborate description of the vessel's burning —three columns —for the Sacramento fCaI.J Union, and received s3ooin gold for his labor. WHITE chrome ore is found in Hanover, J near Gettysburg, Pa., which yields about 65 { per cent, of iron. This ore is of the same kind as is now shipped from Havre de Grace, to Sheffield Eng., to be used in the cutlery establishment of that place. SOUTH CAROLINA refuses to hold a conven tion for the formation of a Constitution on which she can once more assume her plane in the Union. There is nothing surprising in all this, because South Carolina has always been the hdrae of traitors. HF.NRY WARD BEECHES, it is said, receives on an average twenty letters a day from or thodox clergymen, protesting against the re presentation of "Norwood on the stage. They say they are shocked, scandalized, etc.: but H. W. B. replies: "Be calm, good Broth er, and turn to heaven for light." THE 11th of December will usher in au in teresting season in Richmond: made so by the assembling of the Conservative Conven tion, of the Masonic lodges of the State, the meeting of farmers called by the State and Central Agricultural Societies, and the meet ing of the stockholders of the Virginia Cen tral Railroad. IN England a new game has been invented, by which the learning of music is made easy. It is iutended at the same time to amuse children and to teach them familiarity with music at sight. Children take an interest in the game, and become acquainted not rneiely with the absolute values of the notes, but also their relations to one another on the scoal. THE funeral procession in honor of the Fe nians who were recently hung in Manchester, came off in New York on Thursday, and was a most imposing spectacle. About five thousand Irishmen formed in column, four deep, and marched through the principal thoroughfares, attended by three hearses, each containing a coffin, on which was inscri bed the name of one of the executed men THE rapid growth of the town of St. James in Missouri, shows what railroads are now doing in developing the country. St. James, on the line of the Southwest Pacific Railroad, was laid out in 1800, but owing to the war but few buildings were erected for several years. In 1806 the population amounted to about 1,300. Within a year past there have been erected, or put under contrcct, as many new buildings as the town contained last year. IN view of the many alleged frauds in the election of Congressmen by tl e importation of votes from other States holding their elections at different times, and for the pur pose of correcting this evil, Mr. Mallory, of Oregon, will iniroduce at an early day'into Congress, a bill defining the time ofholding elections of delegates and representatives to Congress, for the purpose of making the same uniform throughout the States. ODD FELLOWSHIP IN THE UNITED STATES. —The report of the Grand Secre tary of the Order in the United States has just been issued. lie reports the member ship at the present time to be 217,886, there having been an accession the past year of 33,704 members. The receipts for the past vesr have been $1,965,713,01 of which sl,- 760,123 56 were from bodies under the juris diction of the Grand Lodge, arid $505,593- 45 from bodies under the jurisdiction of the Grand Encampment: The total relief dis pensed in the same time was $690,675 97, of which $62-5,620 25 were by bodies under the jurisdiction of the Grand Lodge. The relief dispensed by the bodies under the jurisdiction of the grand Encampment was $64,855 12. yALUABLE FARM AT PRIVATE SALE, The subscriber wishing to move West, will ell the Faun whereon he now reside", xltuuted on the waters ef the Raystown Branch of the Juniata, in Napier township, Bedford connty, l'a., ten miles west cit Bedford, and 24 miles south ui Sebcllsbarg, containing 1177 acres and 8 per ches, with a large ilonl.le l.ng House, weather boarded, large double Log Barn, with other out. buildings, thereon ereeied. Also, a good Tenant House on the upper end of the Farm. About 240 acres are cleared and in a good state of cuiiiva lion, the balance well timbered. About 230 acres ..rihis land is of the best Sandy Bottom, good for either wheat, corn or grass. Ihe balance is slate tand, very good for wheat. 7ho Drove Hood passes by the door. The track of the Southern Pennsylvania Railroad passes through the farm, within a short distance of ibe house. There is a fine young orchard of choico fruit near the house; also, a good sugar camp on the farm, and water in nearly every field. Any person wishing to purchase a No. 1 farm will do well to look at this one, as it is one of the best for either a grain or stock farm in this part of the State. Persons wishing to look at the properly can do so by call me on the subscriber living on the premises. 8 G. W. WILLIAMS, j August 33:3 m. gALE OF VALUABLE REAL ESTATE. Th undersigned will offer for sale the following desirable real estate, at Woodbary, Bedford Co., : I'a., on Friday, Dteembtr 20th, 1867, TWO LOTS OF OROUND fronting on Main ; and Mill street,, on which is erected a good two j story Dwelling Houss, a Barn and Stable attached thereto, Wash, Smose and Ice Houses, a neve failing well of water at the door, a sieleru nearly new, besides all the necessary out-buildings. ALSO, two other lots situated on the 8 oath- West corner of At ait and M ill streets, on which is creo'ed a new Store House and Dwelling wrilh all the necessary out-buildings j one back lot of about one acre more r lets. ALSO, a tract of land situated one and a half miles from Woodbury, containing 88 acres, about one-half of which is cleared and in good state of cultivation, tho balanoa covered with good timber. This tract of lane it situated in tho oar regions of Morrison's Cove and is reputed by many to be a good oar tract. ALSO, a tract at land situated two miles West of Woodbury, containing 5 acres, covered with a fine growth of Chcttnat Timber. The inducements in this property are rarely offered to purchasers. TERMS made known on day of sale. GfORGK K. BARN DOLLAR. Woodbury, Eedlt-re Co., Pa., Nov. 29, 'C7.-wt pRIVATE SALE OF REAL ESTATE. The undersigned. Executor of the last Will and Testament of John 8. Ritcbev, late of Bedford township, deceased: will sell at private sale, the MANSION PLACE of said dccased, containing 113 Acres, more or less, with THREE DWELLING HOUSES, GRIBT MILL, SAW MILL. DISTILLERY, BARN and other out buildings thereon erected. Situated three miles North of Bedford. There is also a good orchard of choice fruit trees, and a spring of never-failing wa'er acres more or less, about KMOVA f. ! REMOVAL C it B. W. BERKSTRKSBER k CO., I Take pleasure in informing th*ir many friends j and customers that they have moved the Bedford j CLOTHING EMPORIUM to HWk'a Old Stand, j one door west of the Washington House, where ! they have opened the largest stock of READY MADE CLOTHING, ever brought to Bedford, and consisting in pnrts of 0 V E It c () A T 8 , DRESS COATS, BUSINESS COATS, PANTS, VESTS, to match. They have a!o a good of ARMY CLOTHING at very low prices : BLOUSES, OVER COATS, PA NTS, BLANKETS. Ac., Ac. Our CASSI MERE DEPARTMENT is full and complete. TRIMMINGS in greatest variety. Our Notion Department i also quito'att raciave GENT'S UNDER CLOTHING from $1 to 3.;. " OVER SIIIRTS of every etyle and price. HOSIERY, GLOVES, NECKTIES, j BOW SUSPENDERS, LINEN and PAPER CUFFS, LINEN COLLARS. We have the largest Stock of PAPER COL LARS in Bedford and the greatest variety. In HA TS we defy competition, as we have th." largest stock, and direct from the Manufacturers. The latest styles always on hand. MUSLINS. DELAINES, CALICOES, TICKINGS, FLANNELS, CLOAKING CLOTHS, in great variety. LADIES SHAWLS of latest patterns, and cheaper than the cheapest. Persons buying for CASH or PRODUCE 1 would do well to call and see us. But remember, our TERMS are Pari or Pro i duce. Remember the place !!! j One Door West of the Washington House. Nov.B:tf. Q RE A T HAK G A 1 NS . The undersigned havejust opened a very lrce npplv of FA L L k WIN T E R GOO D S ! Our stock is complete and is not surpassed in Extent, Quality an -<• fiber* Lave ju-.t opened in the building ad joining the Inquirer office, oppo wte the " Menglo House," lately occupied by M r, Ta te, a BOOK -AND STATIONERY STORE, where they are prepared to sell all kiudsof STATIONERY, ST Oil AS ! FOOLSCAP, CONGRESS, LEGAL and RECORD CAP, LONG BILL, SERMON, LETTER, CONGRESS LETTER, COMMERCIAL NOTE, BATII POST, l^argo aud Small, LADIES ( G NT) NOTE, LADIES OCTA VO (gilt) NOTE, MOURNING, different styles, FRENCH, NOTE, Ac., Ac. K N V E L O P E S of ail kinds and quality. PASS BOOKS, ft least a dozen varieties, BUCKET LEDGERS, TIME BOOKS, weekly and monthly, Tl CK MEMORAN DUMS, twen'y different kinds, DIARIES, of aii discriptioam BLANK BOOKS, such as L'Bg Quarto, Bread ledgers and J lay Hi'oks of all .styles, quality and kiwis of lauding. CHALK !' R A Y O N S , SLATES, differrnt style.-, ARNOLD S WRITING FLUIDS, HOOVERS INKS, CARMINE INKS. CHARLTON'S INKS, SANDS, POCKET BOOKS, all kinds, MONEY BOOKS, all kind*, Bank ers' Cases, Lead Pencils, Twenty Kiuds ol other Pencils) Penn Holders, Different kind*. Stationer's Gum, Ciaik's Indellible Pencils, Gutn Bands, Pocket Book Bands, li at Glass Ink Wells and Rack, Metalic School Ink Sstands, Sand Boxes, Barom eter Ink Stands and Racks, Pocket Ink Stand.*. Pencil Sharpers, Receipt Books Different kinds, Copy Books, Prim ers, Mother Goose and others, A, B, C, Cards, Osgood's Speller, Ist. ffnd, 3rd. 4th and sth Read ers, Brook's Primary, Mental and Written Arithmetic, Mitchell's New Intermedi ate Geography. Brown's Gram mar, Lossing's Pictorial History of the United States, Scaling Wax, Blank Dei As. Blotting Paper, Photograph Albums, various kinds and sizes, Almanacs, etc., etc. Persons desiring any of the above articles or other articles in their line, will find it to their advantage to give the " INQUIRER BOOK STORE" a call. We buy and sell for Cash, and by this arrangement, wo expect to sell as cheap as goods of this class arc sold in the cities, DURBORKOW & LUT2S, m MILK * or THK UNION PACIFIC KAILEOAIi KISS ISC WEST FROM OMAHA AC BO 88 THE CON TIN KNT ARK SOW COMPLETED, The Union Pacific Railroad ''ompnny bar built a longer line f railroad in the !*♦ eight*,, month* than was ever built by any other ei U p ny m the ume time, and will eOßtif.jj, "•••rb with the came energy until it i eaui;.|,;, The We#tern Division i being potbed rpi,i! eaeiward from Farramenta by the Central Pa- ' Company of California, and it is expected tio-t THE ENTIRE OIUND LTN K to the will I e open for basinet* in IS"; Mo re 1,.'"" uxt-rtird "/the work ho, d 0,,,. ~,0. ~ e "ft-third /# u-h„U li„, : in JSDI in,j °rdtr, ,td nut re. Itifttt r /, rr ... ploged upon <;, rft meat mad it nete*ary l " *eeme the const tion ot the 1 nion Pacific Jl# 'Load, t. develop aa protect i>* own intereatn, it t "" rc " !e ' '■' ! t author/ed to build it nirb .'•'* ae .-ho. render its speedy completion be " a o ; the available nieaes of the Union '' a 1 Pail road Coutpanv, derived from the (Jura intent at its own eteckhoiders, may be briefly -vis imH u; a# follow e. I.—UNITED STATE.-- BOND- Having thirty years to run and bearing * cent, enrreney interest at the rate of $ Ifi.Om; ~ mile for 517 u.ilae on the Plains: then at the ra • of $48,80(1 jter mile for 150 miles through ti. Rocky Mountains; fbettee at the rate -f ir.o r< per mile forlhe remaining de-dance, for which • United States lake# n lift, a# sees*.: v. "t intereat on there bond# is paid by tuc United States government, which also pay# the <■< ~ • one-buif the amount of its bill* in money for Ire porting its freight, troop, mails, Ac" The r maining half <1 these bills is placed to ti,,.. pany'r credit, and forms a sinking fund w • h may finally discharge tae whole amount of tl lien. The claim# against the govern men* since April .f the current year amount to four and one half times this interest. 2—FIRST MORTGAGE BOX It-. By its charter the 0-mparty is permit' ito D - sue its own First Mortgage Bond* to the same amount a* the bonds issued by the go*.rrntner.t" and no more. mid on ly n, the rood progmto ~ The Truslces for the bondholders are the Hon. E. It Morgan. IT. S. Senator from Xew York, ar.d thf Hon. Oak est Ames, Mender cf the U. g. Hroee o Representatives, who are responsible i>r the de livery of the-e bonds to the Company t strict, an cordsxee with the terms of the law. 3.—THE LAND GRANT. The I nion Pacific Railroad Oompcnv has a land grant or absolute donation from the govern ment of 12.8011 acres to the mile >n the lire -fthe of the road, which will not lie worth less than $1.50 per acre at the lowest valuation. 4.—THE CAPITAL STOCK. The authorized capita! of the Union Pacific Railroad Company is-fIOO.I 06,800. of which over Si, 01(0,008,1100 have been paid OD ibe work already done. THE MEANS SUFFICIENT TO BUILD THE ROAD. Contracts for the entire work of the building 011 miles of first-class railroad west fr< m Omaha, comprising much of the most difficult mountain work, and embracing every expense cx-ept sur veyinc. have been made with responsible par tier (who have already finished over 50,1 miles at the average rate of sixty-eight thousand ami fifty-eight dollar* ($84.85* j pr mile. Thi- price includes all necessary shops for eons tract ion as, 1 repairs of car*, depots, stations ami . other I eider.ta! buildings, and also locomotives, pas - ti ger, baggage, and freight cars, and other rtuui- 'e rolling stock, to an amount that r MD?!rncti n. This may he dons rla part by athHtional nhscriptions to capita' cf >ck. Active irif|airr ha already made f"r a portion of lands, ar.d nrrnoT proponed to offer a o** them for saJe. While •heir wbo!e value will rot be arallaVe fur - - e yearn to c-t>me. they will remain a very important -onn-e of ri-venne to the Company. The bmdf of the IRiin.-s Centra' Kailroad Company are -t*'- llo 54 Nct Pro fit $4 <;>, 7 >tu The amount of Bonds the Company em i-*siic on 325 miles, at $1(1,099 per tnile, is $5,209,00". fn rarest it> gold, three months, at fi per cent, on this sum, i s add 40 per cent, premium, to c.-r. rospond with currency earnings, is $109,2-M -bowing that the net earnings for this quarter were wore than Jbntr tin*en the interest on the First Mortgage Bondi on this length of road. FIRST MORTGAGE BONDS, whose principal is so amply provided for. atul whose interest is so thoroughly secured, must he classed among the of' rv-rnt at NIjTETY CENTS ON THE DOLLAR.and accrue! iuurc-t at Six Per Cent, in Currency fr. m July 1. Many parties are taking advantage of theyrr ent high price of Government stocks to exchange for there Bonds, which are over FIFTEEN PER CENT. CHEAPER, and, at the current rut premium oil gold pay OVER NINE PER CENT. INTEREST. Subscription* will be recived in Bedford b HUPP AND SHANNON, and in New York ar lite Company's Office, No. 20 Hassan street, and by CONTINENTAL NATIONAL BANK. No. 7 Nassau stieet. CLARK, DODGE A CO.. Bankers, No. 51 Wall street. JOHN .1. CISCO SON, Bankers, No. 3d Wail street, and by the ' ■ ::ipi ny's advertised Agents throughout the I i '.ted States, of whom maps and disciiptive pan t-hlrtj may Uo obtained !-ii appU -ativK. Eemill:-ccs should be made in drafts or ether foods jar in New York, and the bonds will be sent fret charge by return express. JOHN J. CISi O, T'vas irer, New Tork Subaeaibers through local 1 • .k. them tor their delivery. NflYtbcr IJtbro, 1587., 4.1