THE _HUNTINGDON GLOBE, A DEMOCRATIC FAMILY JOURNAL, DEVOTED TO LOCAL AND GENERAL NEWS, &C,
TH
Circalation—the largest in the county.
110ErffillraIDOR, 26
Wednesday, November 18, 1857
Ta School Directors
Blank. agreements with Teachers, and or
ders on District School Treasurers, have just
been printed and are for sale at the GLOBE,
Office.
O:7°A. Teachers' Institute will be held at
the Green Tree on Thursday evening, Friday
and Saturday, the 19th, 20th and 21st inst.—
The teachers of Jackson, Barree, Oneida and
West districts are requested to attend. Emi
nent teachers will be present to lecture. La
dies and Gentlemen are respectfully invited
to attend.
I):7'STUDENT AND SCHOOLMATE, A. MONTHLY
READER FOR SCHOOLS.—The November num
ber is before us. Like all others, it is well
filled with interesting matter. An idea of
the value of the magazine can be had by
reading the prospectus of the new volume,
which will be found in another column.
Goon AnvicE.----We do not know of any ad
monition better for our readers at the present
time, than the subjoined :
"ADVERTISE.-Dull times are perhaps the
very best for advertisers. What little trade
is going on they get, and - whilst others are
grumbling, they pay their way, and with the
newspaper as a life preserver, swim on tho
top of the water, while others are sinking all
around. Advertise liberally, and you will
hardly smell the hard times."
Every word of this is true, and it will be
worth money to any business man who will
act upon it. Reduce your prices to suit the
times. Small profits and quick sales are
much the best just now. It will be of no ad
vantage to stick to the rates asked in prosper
ous days, anethus fail to sell. Retrench
ment is the order now. Therefore, advertise
your goods liberally, and let the public know
where cheap articles can be had. Advertise,
and let people see that your head is still
above water, and that you go on selling on ad
vantageous terms. There are plenty of cash
buyers who make their appearance about
these times, eager to pick up bargains.
A Mournful Occurrence
On Saturday morning last, a party of half
a dozen or more lads from this borough, in
cluding William, son of Wm. Stewart, of
Alleghany street, aged about 12 years, went
to the "cut" on the Huntingdon and Broad.
Top Railroad near McCahan's, opposite the
town, and were amusing themselves by alter
nately pushing and riding on the locomotive
turn-table. The table, constructed entirely of
iron, is very heavy, and being nicely poised
on its pivot, moves very easily and with
great momentum. During the time the table
was in motion, it was supposed - that little
Stewart attempted to get off at one of the
ends, and before he accomplished this, (being
then sitting, with his legs hanging down,)
the table met the platform of the track,
catching and pressing his legs between the
end of the table and the planking of the end
of the track, a space of only ONE 'Nem His
comrades, frightened, ran off, and their cries
attracting the attention of the neighbors,
they, by taking up a portion of the track,
relieved the poor fellow from his dreadful
situation and conveyed him to his father's
residence. His legs and abdomen were dread
fully cut and mangled. Doctors Lucien, Mc-
Culloch and Griffith soon arrived and skil
fully dressed the wound; during which oper
ation, as well as during the time he was fast..
ened by the " turn-table," he exhibited a
heroism that would have done credit to one
of maturer years. The injuries were too se
vere for his system to repair or endure, and
in the afternoon he expired.
Let the dear experience of little Stewart
and his deplorable fate, be a solemn warning
to parents and guardians to not let their
children and wards roam about unrestrained
when so many dangers beset their path.
WHY LADIES SHOULD READ NEWSPAPERS.-
It is a great mistake in female education, to
keep a young lady's time'and attention devo
ted to only the fashionable literature of the
day. If you would qualify her for conver
sation, you must give her something to talk
about—give her education with this actual
world and its transpiring events. Urge her
to read newspapers and be familiar with the
present character and improvements of our
race. History is of some importance; but
the past world is dead, and we have nothing
to do with it. Our thoughts and our concerns
should be for the present world, to know
what it is and improve the ?.ondition of it.—
Let her have an intelligent opinion, and be
able to sustain an intelligent conversation
concerning the mental, moral, political and
religious improvement of our times. Let the
gilded annuals and poems on the centre-table
be kept a part of the time covered with the
weekly and daily journal. Let the whole
family—men, women, and children read the
newspapers.
SUPERB LIKENESSES.—We have seen some
specimens of likenesses of several of our cit
izens taken during the past week at the " Big
Wagon," on Smith street, which we unhesi
tatingly pronounce the best ever taken in this
borough. The gentlemen are complete mas
ters of the art, and furnish as correct pictures
as can be taken anywhere by anybody. They
will remain but a few days.
The Tariff liumbug
The small fry among our political oppo
nents, says the Lancaster intelligence?, con
tinue to attribute the present monetary em
barrassment of the country to what they
term the "Free Trade policy of the Demo
cratic party." They tried to hoax the people
of Pennsylvania, by preaching this doctrine,
notwithstanding David Wilmot was one of
the most ultra free trade men in Congress in
1840, and voted in favor of the tariff bill of
that year and against the" pet bill of 1842.
But the people of Pennsylvania had experi
enced too many years of profitable labor un
der the tariff of 1840, and could not be made
to put faith in what the opposition press said
upon the subject of Protection. If the oppo
sition parties were sincere in their advocacy
of a Protective Tariff why did they nomi
nate David Wilmot, a renegade free trade
Democrat ?
The whole hue and cry about Protection
just now, is made by the opposition to shield
the Banks and speculators, and to mislead
the people.
It cannot be possible, says the Delaware
Gazette, that the Black Republican and Know
Nothing papers have forgotten that the last
Congress was controlled by men opposed to
the Democratic party. Do they not know
that Lewis D. Campbell, one of the Black
Republican leaders in the last Black Repub
lican Know Nothing House of Representa
tives—the second of Burlingame, of "meet
me at the Clifton House" memory,—was the
Chairman of the Committee on Ways and
Means ? Have they forgotten that this noto
rious member of their party, (Mr. Campbell,)
introduced a bill which reduced the duties on
goods coming into the United States, below
those of the act of 1846 ? The tariff bill of
1846 was repealed by the Black Republican
House of Representatives, and the substitute
for that act approached nearer the free trade
standard, and went into operation with the
sanction of the opposition press, on the Ist
of July last.
The tariff of 1846 was not in operation at
all, when the present embarrassment of the
country commenced. It had _ been a dead
letter for three months.
It is true that a large amount of goods bad
been brought and warehoused under the tar
iff of 1846; but these purchases had been
made with a view of securing large profits
by entering them under the lower duties of
the new tariff.
It is a fortunate, we might say Providen
tial circumstance, that the Democratic party
will be once more in the ascendency in the
the National Congress in December next.—
It is the only party that the country has ever
been able to look to for redress in times of
trouble—and to it will the people look to ef
fect a more solid basis for the currency.
A 11.1ETALIC CURRENCY.—The wide spread
and blighting effects of the bank failures upon
all the industrial interests of the country
(truly remarks a cotemporary,) have served
to open the eyes of the people far and near
to the evils of a paper currency and of the
necessity of returning to the metalic system
designed by the framers of the constitution.
How often need the lesson taught by the ven
erated Father of his country, that the " wis
dom of man cannot devise a plan by which
the credit of paper money can be long sup
ported"—bow often need this lesson be im
pressed upon the minds -of his countrymen
before it is heeded? The present is a fitting
time to effect salutary reforms; and we are
gratified to observe that throughout the Un
ion a wholesome sentiment is growing up
from which the best results may be anticipa
ted. Particularly are we pleased to see the
democratic press, with the Washington Un
ion at its head, pushing onward this grand
movement for the redemption of the entire
country from the rag-money reign. An able
article on this subject is copied in 'another
column, from the Richmond Examiner to
which we beg the reader to give a thoughtful
perusal. The total abrogation of the bank
ing system, and adoption of Constitutional
currency, is getting to be the democratic
shibboleth all over the Union.
" A TALE OF RETRIBUTION."—Three days
ago a man worth upwards of $40,000 died in
this city. lie left a vclurninous document,
which he called his will, and, upon opening
it, his wife and eldest son, a young man,
found themselves cut off with legacies of $5OO
each. lie gave as a reason for so doing that
the young man had once attempted to murder
him, aided and abetted by the wife and mo
ther. The occasion to which the testator re
ferred in making this dreadful death-bed ac
cusation is explained as follows :—One day,
some years ago, this man, 'who was of brutal
disposition and addicted to drinking, was
beating his wife so severely that she consider
ed her life endangered, and called upon her
son (the young man referred to) to protect
her. He did this in an effectual manner by_
taking up a poker, striking his father across
the head, and felling him to the floor. The
father cherished the recollection of this act
to his dying day, and scught to revenge him
self, as above, by depriving - the offending par
ties of their lawful inheritance, though the
will will not stand under the statutes of the
State of Louisiana, and the dead man will be
balked of his vengeance. It is due to the
young man to say, that he is of feeble intel
lect, his imbecility being the consequence of
, the brutal treatment of his father, who struck
1 him to the ground when a lad with such vio
lence that an injury ensued, which has affect
ed his brain ever since. So retribution for
the cruel blow of the father was visited in
kind upon him by the son, - who knew no bet
ter than to beat his parent over the head with
an iron poker because of that limited appre
ciation of the " propneties" and " humani
ties" of life for which he was indebted to the
1 father's rnaltreatment.-11 7 . 0. Delta.
gi'Read the new advertisements
re - - At a meeting of the Executive Com
mittee of the Huntingdon County Agricultu
ral Society held on the 10th inst., R. I%l'Divit
and Geo. W. Speer were appointed a Com
mittee to audit the account of the Treasurer
of said Society, when the following resolu
tions amongst others, were offered and adop
ted :
Resolved, That the report of the auditing
committee be approved and that the county
papers be furnished with a copy and reques
ted to publish the same gratis.
Resolved, That all persons knowing them
selves to be subscribers to the paper presen
ted at the last meeting, for the purpose of
raising funds for said Society—nowluislaid
or lost—be requested to pay the same to the
Treasurer.
Resolved, That the Secretary be hereby
instructed to procure the Book of Record be
longing to the Association, to enter all the
proceedings therein in regular order, and
that he be compensated for the same out of
the funds of the Association.
J I,l' WILLIAMS, Prst
See'y.
James Gwin, Treasurer of the Huntingdon
County Agricultural Society.
Dr.
Nov. 12, 1856.
To balance in Treasury at settlement, $464 94
Jan. 13, 1857.
To Cash re'd. from 11. N. M'allister, Esq., $1 00
" " " J. A. Nash, . 215 315
Receipts at Fair held 14th, 15th and 16th October,
1857, as follows:
To Cash rec'd for 430 Tickets of annual member
ship, $430 00
" rec'd for G 65 Tickets for single
admission,l66 25
" rec'd for 3 lie membership Tickets, 15 00
‘• rec'd from W. Barr, auctioneer, 5 00 016 25
" rec'd from Dr. J. Dorsey fur lumber sold
on Fair ground, 12 46
" rec'd from D. Grove, " 0 10 65
CC a A. Willoughby, " 10 00
46 CC Jno. Hildebrand, " 12 38
44
6C F. B. Wallace, " 6 23 , /,
CC 44 Jas. Maguire, " 4 62A
64 4i B. M. Higgins, " 9 40
4: CC Simon Coder, 64 . 5
a a A. S. Harrison, " 1 62
" Wni. Africa, 66 50
" it W. Boat, " 3 15
CC 44 Wm. P. Orbison, " 20 00
CC " Win. Williams for coal, 290
a 46 Win. Dorris, Jr. lumber, 10 00
" " S. S. Smith, two barrels. 93 105 07
The following named persons paid their subscrip
tions to the fund raised to secure the 3d an
nual fair at Huntingdon, to wit :
To Cash rec'd from Jas. Bricker, 500 "
" " Wm. Williams, 10 00
C 6 64 David I'. thvin. 10 00
LC it Love & M'Divit, 500 30 00
To Pronouns on best 2 yr old colt at fair in
1855, presented to Society by Ifays
Hamilton, Esq.,
To Commissioners' or on County Treasurer
for 100 00 103 00
Cr.
Nov. 24, ISSO
ByCasli paid Brewster ‘!..: Whittaker for
printing, $1.5 70
ac " G. W. Garrcttson for flag, SOO
" S. S. Smith, gate keeper, 800 31 73
Oct. 14, 15 and 10. 1857.
cc " J. M. Simp,on and other , , po
lice men, 40 50
'• John Blearier " " 5 00
‘; " Wm. Y. Miller " " 44 00 143 50
" Brielter and Reed for lumber, 00 30
44 " Wm. CtteirnOVer " " 15 40
" " John Warfel " " 28 10
~ " Thos. Crownover " " 47 04
" " Wm. Rothrock " " 315 100 01
C 4 " C. Cents " poles 15 00
~ " C. Colds " Hag pole 000 17 00
~ " Jacob Miller and others for
labor in preparing fair gro'd
and building sheds, tie. 77 37, f
44 " Jacob Miller for lload wood 150
cc " Bobt:Woods, patrol, 374
64 " John Flenner tar crying sale tic
of lumber I'so .
,c " Jacob S. Africa for hauling 300 57 62
44 " D. P. G win for Merchandizo 577
n " James Bricker " 6CS
" Fisher & M'Murtrie " 1 0734;
t
" Wm. Williams for 2 barrels 150 14 1119
o " Wm. Williams Tr. Ex. Band 00 00
cc " S. S. Smith. gate keeper cf:c. SOO
c: " Win. H. King " cc 700 15 00
44 " Dan/. Goodman rent for fair
ground
46 " Danl. Goodman for hay and
straw 753 27 50
cc " Wm. Lewis for printing 30 10
46 " Win. Brewster •• 11 75.
cc " John A. Nash " 19 25 74 10
n ‘. Orbison, Dorris cl: Co. for coal S Si)
cc " J. Simpson Africa fur postage 50
64 " Afred Potter 13 days plowing 450
" It. C. McGill serve as marshal 10 00
c. - S. IL Shoemaker ‘• 300
cc " James D. Campbell " clerk 43 00
n " Bobt. M'Divit 1 year salary as
Secretary 13 00 40 50
<4 " list of premiums awarded to
exhibitors at Fair 356 50
$1129 S 9
1537, Nov. 10, By balance in Treasury, 192 53
Audited and approved Nov. .10, 1857, by the undet:igned
committee appointed for that purpoNe by the Executive
Committee of the Huntingdon County Agricultund Seel
cry. _ .
Sad Result of Cruel Punishment
From the Louisville Journal we clip the
following :
" Some three or four years ago, the son of
the Warden of a prison in a neighboring
State—a bright, intelligent, handsome boy
of seventeen—was detected by his father in
the commission of an offence, for which he
no doubt merited and should have received
an application of the rod from the hands of
a parent. The father, however, instead of
applying the punishment useful in such eases
of youthful delinquency, arraigned his child,
stripped him of his ordinary clothing, shaved
the hair from his head and dressed him in
the striped garb of a convict, confined him
within the walls of a penitentiary—there to
remain until the unnatural parent should see
proper to release him. For weeks, the boy,
unable to help himself, underwent the rigid
discipline of the prison, and performed the.
duties assigned to the convicts, the most hu
miliating and degrading of which was to ap
pear in the public thoroughfares of his na
tive town, and assist with a team engaged in
hauling. Citizens shook their heads, and
public execration towards the Warden be
came so strong and decided that he was com
pelled at once to restore his son to liberty,
and he came very near being turned out of
office..
As soon as released, the dishonored boy,
broken in pride and spirit, fled from his
home, and for a long time nothing was heard
of him, until at length he turned up in the
California courts accused of burglary. lie
was acquitted, and about a year since re
turned to the Atlantic States—going from
one to another of our large cities, and plung
ing into every species of dissipation and vice.
A few months since, be was arrested in one
of our principal cities for arson and robbery,
had his trial, and received for his sentence
ten years solitary confinement in the peniten
tiary—and but one week ago he was brought
back to the home of his boyhood, one of a
gang of 30 chained felons in charge of the
Sheriff. He met at the prison's threshold,
his own father, still the Warden. And so
near father, mother, brothers and sisters—
who are all respectable members of society—
he must serve out his long and dreary term
of punishment.
)se:'-See the fourth page of this paper. 't
It is a nicely balanced question whether
laws should ever have existed for enforcing
the collection of debts. Credit ought to be
the result of honesty. Credit ought not to
be given to those who pay from fear of com
pulsion by legal process, or from apprehen
sion as the pecuniary injury or social dis
grace attached to delinquincy. It' is amaz
ing what a world of villiany, strife and
trouble would be eradicated from among
mankind if legalized credits were cut down
and destroyed. We are not sure, that as
society advances, those relicts of a semi-bar
barous age—compulsory collections of debt,
indiscriminate and unrestricted credits—will
not Wholly disappear. ' Among barbarians
there are no credits and no enforcements of
payment. Among semi -barbarians, reckless
indebtedness grows up, and along with it
harsh means of enforcing its liquidation.—
It remains for an enlightened age to dis
countenance all credit except such as may be
founded on character, at least to the extent
of making the qualities which command it
the exclusive guarantceS of payment.
It must be confessed, however, that we
are at present far from having reached such
a point of civilization. One half the labor
of government and the employment of courts
is engrossed in the enforcement of honesty
between citizens. The greatest corporations
in the land are organized to deal in debt, and
employ a corps of officers more numerous,
more extravagantly salaried, and more costly
to society, than the civil lists and standing
armies of monarchs. We think ourselves
more happy than the people of the- middle
ages, by our exemption from civil wars,
highway robberies and a hundred other
forms of open rapine; but we forget that the
conflicts between the debtor and creditor
classes of our. population employ a host of
collectors, lawyers, sheriffs,, constables, ju
ries, and bailiff's, more numerous than the
armed belligerents of the ruder ages,lhe ag
(r
t ,reffate of whose charges, fees and percen
tageso would have compensated the damages
and robberies of those ages a hundred times
over. Calculate, too, the sums of interest
levied by our banks on their promises to pay
and the Black Mail of the Scotch border
would seem the token of mercy and modera
tion in comparison. Calculate the two and
a half per cent. per month snares taken by
our usurers from old field bonds in the coun
try and negotiable notes in the towns, and it
would be difficult to find a civil war in the
history of any country which has proved a
tithe so destructive of the substance of its
population, as these merciless exactions.
3 00
41
Indeed, our condition is worse than was
that of populations torn by civil wars and
ravished by . armed banditti; for, then, rob
bery and aggression were conducted at the
risk of life, and the chances of losing one's
substance by an unlucky engagement with
hostile forces, were compensated by the
chances of gaining booty by success. If the
highway ronber proved a poor match for
your own prowess, instead of losing your
purse you would obtain kis, well lined it
might be with the fruits of better success in
some previous venture. But with us robbery
is legalized, the booty is all on one side and
the loss all on the other. Even the State
comes in, in the case of banks, as their part
ner in taking interest on their debts to you;
and, in case of the usurers, to compel you to
pay them back their principal, and their
plunder to boot.
If we concede, however; that the abolition
of laws for compelling the payment of debts
is inexpedient and impracticable, now that a
stupendous system of. credit has grown up on
the faith of those laws; yet, it does not fol
low that we ought to continue in existence
and activity all those agencies which unduly
stimulate, augment, aggravate and perpetu
ate the credit system. Most potent of all
these agencies is the banking system of mod
ern times. It interposes to change the whole
basis and nature of 'Credits, and is the most
active hand maiden of the compulsory laws
we have alluded to, in shifting the fabric of
credit from off its true foundation, of mutual
integrity, and good faith between man and
man, upon the robbery and plunder basis, of
what the debtor 28 worth—what quantity of
visible property the creditor and sheriff can
wrest from him, vi et arnzis. Credit, to be
healthful, ought to be, as far as possible, di
rect, that is to say confined to the original
parties contracting; for then it is very apt to
be bottomed more upon personal character
and confidence than upon the mere property
supposed to be owned by the debtor. This
was the spirit of the old common law of Eng
land which attached wondering solemnity to
the execution of bonds and writings, and
very much discouraged the transfer of bonds
front original obligees, by assignments.
The object of banks is to deal in paper
credits, to come between the original parties
to credit contracts, purchasing written obli
gations as merchandise, and thus turnin ,, the
eyes of creditors in making their contracts,
away from the mere honesty and integrity of
debtors, to the inventories of their pecuni
ary wealth. The effect of the operations of
those institutions is to obliterate the element
of personal confidence from dealings be
tween man and man; to render many con
tracts which would otherwise be for cash
credit transactions; to expand and multiply
credits inordinately, and to build up the
whole fabric of credit upon the property
schedules of citizens, rather than upon their
known personal prudence and tried personal
integrity.
But the effect of the banking system is
not only thus to shift all credit—from its
proper foundation upon individual providence
integrity and confidence, to the misanthropi
cal basis of property seizable by the sheriff
—thus ignoring individual character and ob
literating individual confidence, its chief evil
is to be found in the enormous addition it
makes to the credits of a community, as use
less in the hey-day of prosperity as fright
fully destructive in the gloomy hour of
panic.
The whole mass of credits represented by
the operations of banking is useless for any
valuable purpose. The banking capital of
the Union is now three hundred and seventy
millions of dollars. The stockholders who
paid it in received certificates of bank stock
to that amount—which stock- is a class of
paper credit which the country was as well
off without it as with. The money paid in,
which this stock represents, was exchanged
for paper discounted by the banks, a great
part of which paper was made by borrowers
of the banks merely for the purpose of get
ting loans of bank money in exchange for it
and the rest of it, that which was founded
on actual business transactions, took this
form of credit instead of the transactions
being for cash, merely on account of the fa
cilities of discount furnished by the banks.—
Thus, this three hundred and seventy mil
lions of bank stocks and the equal amount
20 00
1322 4a
R.
GEO. W. ;;.'PEER
From the Richmond Examiner
A Chapter on Credits.
of negotiable paper discounted by the banks
with their unpaid capital, are additions to
the credits of the country, which the country
would have been better off without.
The circulation department of our banking
system has produced a like system of useless
credits. The banks are authorized to issue
their notes of circulation to the amount of
their capital stock; and the amount of bank
notes which they put out falls not a great
way short of the licensed amount. It reaches
now two hundred and fourteen millions of
dollars, and was put out in exchange for the
negotiable notes of their customers, made in
consequence of obtaining bank loans upon
them. Thus the banks owe on account of
their paper money two hundred and fourteen
millions of dollars, and their debtors owe
them an equal amount for their circulation.
Thus, in consequence of the existence of the
system, four hundred and twenty-eight mil
lions of credit is created as a useless addition
to the credits of the country. The banks
also loan out to individuals a large part of
the deposits lodged with them for safe-keep
ing, swelling credits also, in that amount.
Taking the actual figures of the official re
ports the additions to the paper credits of the
country which have been uselessly created,
by the operations of the banking system, are
as follows :
Actual debt of the people to the
banks as reported, $684,456,887
Bank notes in circulation, . . . 214,778,822
Certificates of bank shares held
by the public, 370,834,65 G
Total ::,q,279,070,395
Thus twelve hundred and seventy-nine mil
lions is the amount of paper credits thrown
broadcast over the country, by the banking
system, uselessly, without the possibility of
producing a single new blade of grass or new
particle of material wealth or actual sub
stance to the country.
We repeat that, we are very far from hav
ing reached that high point of civilization,
when vast standing armies of the officials of
the credit system will no longer burden the
community—a part using every exertion to
multiply, ramify and magnify the credits of
the country—the rest engaged year in and
year out in forcing debtors to a compliance
with their obligations.
Until this accursed system of credits shall
by some means, be curtailed of its mammoth
dimensions, and until its countless retinue of
menials shall, by some merciful interposition,
be disbanded, we shall continue to suffer
heavier depredations under our boasted civil
ization, th•i.n ever did those generations be
fore us who lived amid continual rounds of
civil strife and were robbed in every dark
place and on every highway by outlawed ban
ditti.
Pennsylvania Railroad
The managers of the Pennsylvaniarailroad
should. congratulate themselves, that, in tak
ing so important a step as that which they
have announced in their card printed in
The Press of yesterday—the postponement
of the payment of their semi-annual divi
dend, due now and payable on the 15th of
November—they should be warmly suppor
ted by the public journals. The fact that
every daily paper of yesterday endorsed the
motives which induced. the Board to take
this step is not alone a tribute to the good
sense of the Board but a happy indication
of the certain restoration of confidence to
business circles. The old-fashioned mode of
doing business was, pay as you go. The
Pennsylvania railroad was constructed upon
this idea. It stood out from all other improve
ments, in the fact that the whole work was
paid for at the completion, and its other ob
ligations resulted from its necessary connec
tions with those lines without which it could
not have commanded that great trade of the
West, which, by every natural cause belongs
to it, but which was sought after by the rail -1
road thoroughfares of New York and Mary-
laud. The policy of passing the semi-annual
dividend was, therefore, not merely justified
by the sound and safe curidition of the Penn
sylvania road itself, but demanded by con
sistent adherence to the purpose upon which
the whole improvement was originated—
namely, that of paving off all their debts be
fore attempting to divide the profits of the
concern. In these times, there is no railroad
which, of necessity, can control so much
trade 'as the Central road of our State.—lts
stability and solvency—compared with the
condition of the Baltimore and Ohio and the
New York and Erie Ilailroad—its durability
and the admirable manner in which its af
fairs are administered by dons Eloomt
TuomrsoN and W. B. FOSTER, EsQs., must
attract to it the large proportion of the through
trade from the West. Far better for the
company to decide to pay off its obligations
than to follow the practice of those days of
expansion for which we are now paying so
dearly. We feel justified, thercfoic, in add
ing our own testimony to that of the other
city papers in support of the course of the
Pennsylvania railroad; and we hope that the
example they have set—first, of cutting down
all unnecessary expenses, and next paying
off their floating debt—will be followed in
other quarters.—Ph h a. reess stk inst.
BANKS or• Issue UNCONSTITUTIONAL.—The
Washington correspondent of the Baltimore
Sun says : "We have alreacl t y heard the
views and intentions of several distinguished
and able members of Congress on the subject
of the disorders of the currency and the cure
for the same, and learn that it is their pur
pose to bring up the subject at an early day
of the session. What remedy they will pro
pose for these disorders, which carry ruin,
periodically, throughout the country, is riot
stated ; but it is to be one that will go to the
source of the evil, and restore the constitutional
currency—suQh a currency as Washington
and all the fathers and founders of the gov
ernment contemplated. The State banks of
issue are clearly unconstitutional, and so the
present Justices of the Supreme Court of the
United States will decide, when the question
shall be distinctly made before them.
THE SON OF PRESIDENT TAYLOR.—Richard
Taylor, Esq., only son of the late President
Taylor, is the Democratic candidate for the
Senate of Louisiana in the St. Charles Dis
trict..
This, we believe, completes the list of the
sons of our distinguished patriots and states
men who are now acting with the Democratic
party. Fletcher Webster, the son of Daniel
Webster, has acted with the Democrats for
several years. James B. Clay, the son of
Henry Clay, is the Democratic member of
Congress elect from the Ashland District, Ken
tucky. The sons of Ex-Presidents Tyler, and
Van Buren continue to adhere to the Demo
cratic faith. J. Scott Harrison, the son of
Ex-President Harrison, is not a Democrat, but
he is bitterly opposed to the Black Republi
cans and all their political ideas. There is a
good deal of significance in these facts.
PHIL A DELPHIA MARKETS.
SATTIRMY, Nov. 14.—FLOUR.—Some little export de
mand for Flour, and, with moderate receipts and stocks,
holders are firm in their demands. Sales 1500 bbls com
mon and good Pennsylvania and Wostern extra at $5 50E4
$5 623% 7 E1 bbl, including a small lot superfine at $5 37%,
and WU bbls 'Jenny Lind extra' at $6 75, A steady inquiry
for home consumption within the range of the same quo
tations for common and extra family brands. Small sales
of Rye Flour at $4 50, and Corn Meal at $3 25 s bbl.
CRAlN.—Rather more ''‘l'leat offering, and demand hav
ing fallen off, prices are less firm. Sales GOO bus. good
Penna. red at $1 23 11 bu., and 1500 bus. prime Southern
INbite at $1 35, afloat. Bye comes forward slowly, and
commands 7:361/75c. Corn scarce and in good demand, sales
2000 bus. old Southern yellow at 80e, afloat; 1000 bus new
at 56c ; 400 bus. prime dry, same, and 405 bus. white at
00c. Oats unchanged-2000 bus. good Delaware sold at
32@34c. bu. 450 bus. New Barley sold at 87 cents,
SEEDS.—More inquiry for Cloverseed, but receipts aro
trifling—about 100 bus. prime were taken from wagons at
$513 64 lbs. Nothing doing in Timothy or Flaxseed.
E GLOB E.—THE OFFICIAL
PAPER OF CONGRESS.—I publish now my annual .
Prospectus of `lna Damr GLOBE, and Tau CONGRESSIONAL
GLOBE AND APPENDIX, to remind subscribers, and inform'
those who may desire to subscribe, that Congress will
meet on tho first Monday of next December, when I shall
recommence publishing the above named papers. They
have been published so long, that most public men know
their character, and therefore I deem it needless tO give a
minute account of the kind of matter they wilicohtaire.
The Daily Globe will contain a report of the Debates in
both branches of Congress as taken down by reporters
equal, at least, to any corps of short-hand - writers . .in this;
or in any other country. A majority of theM will, each,
be able to report, verbatim,
ten thou Sand Words an hour,
while the average number of Words spoken by fluent
speakers rarely exceeds seven thousand five hundred words
an hour. When the debates of a day do not make more'
than forty columns, they shall appear in the Daily Globe
of the next morning, which will contain, also, the news
of the day, together with such editorial articles as may be
suggested by passive . ' events.
It is also my intention, from time to time, as occasion
may require. to publish my reminiscences of the public
nun with whom .1 have been associated daring the last
twenty-eight years. Anecdotes of General Jackson, and
the leaders of the party which he conducted, and the lead
ing men of other parties, will, I believe, be interesting
now when partisan bitterness has abated.
In becoming the reporter of the debates of Congress, I
deemed it proper to say that the Globe would never be n
partisan paper. This 'pledge will not be forfeited by intro
clueing as a contribution to history the political traits of
character which distinguished the public men of my time.
Although I am, and intend to remain. a thorough Demo
crat, I will never obtrude my principles in a way to make
them obnoxious to any laity. But in regard to persons
and events which go to make up history, I hope to make
the Globe an honest memoir and with that view lam re
solved to speak independently of all parties.
The Omgres. , ional Globe and Appenelix will contain a re
port of all the debates in Congress, revised by the speak
els, the ines , ages of the President of the United States,
the Awned Reports of the Heads of the Executive Depart
ments, the Laws pas:ed during the session, and copious
ill,b2Xr, to alt. They will be printed on a double royal
sheet. in book tbrin, royal quarto size, each number con
taining sixteen pages. The whole will make, it is believ
cd. het IA een 3,800 and 3,000 pages, as the long sessions for
ninny yea' Inure ranged. between those numbers. and the
next :union will be w hat is termed long one." This I
bilieve is the cheapest work ever Sal in any country. whe
ther a reprint, or printed frum manuscript copy, taking
ihr det:t the average number of words of the long sessions
since the year 1 S ii. The average number of pages is 3;576,
and the average number of words on a page is 2,39lrcon
seeuently the average number of words of a long session
is e.2e0.772. Ae I have sold to subscribers that number of
words for six dollars. it follows that they have paid Zess
non six und one-half cents for every 100,000 words l have
.forn 'Vied them, while I have paid my reporters $6 29 for
erns 2.:197 words, of this work, in nwnuseript. lies any
oilier bookseller. anywhere, ever sold a book in the first
instance while it was new. at so low a late? I believe
net: and so strong is my belief, that I hereby agree to
give to any person who shall prove the contrary, a coin
pli•te set of the debates running, back to the year 1833,
in.d.ing forty-three quark) volumes, which will sell for $5
a volume. An act of Congress authorizes these papers to
go by mail free of postage. Tile next session will be, with
n it doubt, an unneually interesting one, as it will be the
fleet under a new Administration, and several complex
questions 'inlet be discussed in it ; for example, the cur
rency, Kansas. revenue. and other questions. The Globe
ill be. therefore, the only source from which full debates
can be obtained.
TERMS.
For a copy of the Daily Globe one year
For a copy of the Daily Globe six months
For a copy of the Daily Globe Miring the session...
Fur a copy of the Congressional Globe and Appen
dix, and the laws passed during the session
utl; note-% current in the section of the country where
a suls-criber resides, will be received at par. The whole
or any part of a subscription may be remitted in postage
stamps, which is preferable to any currency ; except gold
or z4ilvvr.
A paper will not be Aent unless the money accompanies
the order for it.
Washington. October 27. 1537
FiIHE CHILDREN'S FAVORITE
." TILE TEACHER'S AID-THE PARENT'S FRIEND!
PROSPECTUS OF VOLUME V.
THE STUDENT AND SCHOOLMATE;
A Monthly- Reader for Schools
Associate Editor—A
" NO SCHOOL OR FAMILY SHOULD DE WITHOUT IT."
As a Monthly Reader for Schools, this work has been ex
ntively introduced into Schools in nearly every State in
the Union, and it conies to them with something new and
interesting each month, to awaken iTOSiI interest in the
m ending exercises. Thus it supplies wants long felt by
teachers. Try it in your school.
Besides popular articles in the Natural Sciences, History,
Biography, Travels, Stories, Poetry. Discoveries, and the
Arts, it contains. fur heading Exercises. Declamation and
School Exhibitions, OriglnaCDialogues, and New Speeches,
with marks fir emplinis, tone:, inflections, and gestures.
The Teoeher's Desk is devoted to suggestions and hints to
Teachers, Parents, Pupils, and to important items of valu
able intelligence.
Our Musum is supplied with an interesting collection
of the rare, curious and amusing in literature and art; to
gether Ns ith puzzles, enigmas, charades, questions, anec
dotes, Sc.
Thb: Magazine intimately unites the lessons and exerci
ses of the school with those of the Family, and thus be
comes an invaluable aid to stimulate youth to self-improve
ment.
it i 6 pulaished monthly. containing 3G octavo pages im
each number, amply illustrated, ft,rming a large and valu
ahle yearly yolame 01 nearly 440 pages.
TElt3lj-81 00 A YEAR, EN ADVANCE.
rive Copie:t. a year. kOO Eight Copies, a year, lit 6 00
Fifteen
10 00 Twenty-five L°l6 00
6-
The Poetugc on Tin: STUDENT AND SCHOOLMATE is may six
rent; (1 'u hen palit in advance at the Post Office where
the Snhserilx4: receives it.
Sample numbers rent grafi , : to persons desiring to sub
scribe or form clubs. Nuw is the time to subscribe.•
All letters relating, to "The Student and Schoolmate,"
slmuld ho addreesed to CA LKINS & STILES,
Publisbels, 34.8 Broadway, New York-.
novIS
Agents ~canted
:NEW GOODS! 1`.4 . EW GO-ODS
—lna AT D. P. G WIN'S CHEAP STORE! ,Tor
DAVID P. GWIN has just returned from Philadelphia,
with the largest and most beautiful assortment of
FALL AND WINTER GOODS
ever brought to Huntingdon, consisting of the most f7sltt
ionable Dress Goods for Ladies and Gentlemen, such as
Black and Fancy Silks, All-Wool Delaines,
different colors; Printed and Plain French Merino,Outbre
striped Belai n es, Barred and Fancy Delaines, Lewtt Cloth,
Coburg Cloth, Mohair Debaize, Shepherds Plaid, Linseys
and Prints of every description.
Also,—a large lot of Dress Trimmings,
Fringes. More Antique, Vell'ets, Buttons, Gims, Braids, &c.
Bonnet Silks, Crapes, Ilibbons ' Gloves, Mitts, Veils, Laces,.
Belts, Belting Ribbon, Whalebone, Reed and Brass Skirt
Hoops, Hosiery, Silk and Linen Handkerchiefs, Silk Neck
Ties, Zephyr, French Working Cotton, Cotton and Linen
Floss,Tidy Yarn, Woolen Yarns, Wool Coats and Hoods,.Comorts and Scarfs.
Also—Collars and T_Tndersleeves, the best
assortment in town. Jaconets, barred and plain; Mull•
and Swiss Muslins, 3.lorcen and Sloop Skirts, Irish Linen,
Linen Breasts, Shirts and Drawers, Linen Table Cloths,.
Napkins, Towels, &c.
Also—Bay State, Waterloo, Wool Shawls,
Single and Double Broths. Shawls, Cloths, Cassimeros, Cas
sinetts, Tweeds, Kentucky Jeans, Vestings, bleached and
unbleached Muslins, sheeting and pillow-case Muslins,
Nankeen, Ticken, Checks, Table Diaper, Crash, Flannels,
Sack Flannels, Canton Flannels, Blankets, &c. Also, a
large lot of silk and colored straw Bonnets of the latest
styles, which will be sold cheaper than can be had in Hun
tingdon. •
Hats S; Caps. Boots S.; Shoes, gum Shoes.
Hardware, Queensware, Buckets., Tubs, Baskets, Churns,
Butter Bowls, Brooms, Brushes, Carpets, Oil Cloths.
Fish S: Salt, Sugar, Coffee, Tea, Molasses, and all goods
usually kept iu a country store.
My old customers, and as many now ones as can crowd
in, are respectfully requested to call and examino my
stock.
All kinds of Country Produce taken in exchange for
goods at the Highest Market prices.
lluntingdon, October 7, 1857
OOLLEN FACTORY and FARM
FOR SALE OR RENT, in. Jackson township, Hun
ting( on county. The Factory has machinery in good or
der for the spinning and manufacturing of yarns and
woollen goods, turned by Stone Creek, a never-failing
stream.
The farm consists of fifty acres of good limestone and
bottom land, in a good state of cultivation, with an apple
orchard, barn, and five dwelling houses thereon. •
Information in relation to the property will be giver! by
J. Sewell Stewart, Esq., of Huntingdon, or the subscriber
at 31cAleavy's Fort, Huntingdon county, Pa. Terms will
be made easy to suit purchasers,
November 4, 1557-6t.*
TJAMES' Collars and Undersleeves in
great variety, at D. P. ONVINI3.
$lO 00
5 00
5 00
6 00
JOHN C. ItIVES.
(novlB-3t.)
=
R. PopE
D. P.. GWIN
ROBERT STEWART.