Published evert Wednesday by skith * co A. J. Steinman H. G; Smith* TERMS—Two Dollars per annum, payable all coses lu advanoe. OFFICE—Mouth wkst corner op Centre Square. 49»A1l letters on business should be ad* dressed to H. G. Smith & Co. ptmmj. The Merchant’s Test. “ Diclt, I am afraid the old man has taken it into his head to send you adrift” on “Why, whatcanyou mean,Philip. “ Only that lie was talking very earn estly with Mr. Oglethorp as I went into his room just now, and as they ceased very discreetly on my entrance 1 took the liberty of waiting outside the door till the conversation was resumed, and J heard enough to satisfy me that Ogle thorp has a nephew who is about to take your place.” , “ What did you overhear r’ Merely a sentence from each. Ogle thorp said: So you think my nephew •will have no difficulty in filling the place of your head clerk ; and Beale re plied, none whatever; and the other ederk, Philip Warden, has been in my establishment a long time, andean give him a little insight into our business affairs if need he. 1 did not wait to hear more, but thatisenougb, Ishould think. So it would seem, was the reply, in a lone of deep despondency. It is mean in the old man todiscluirge you, and equally strange; if it was me .now, I. should not think it so odd, but he has all aloug seemed to think so much of you. Buttis just like him, al ways doing Hometiling out of the com- mon way. Richard WilkinH was too sick at heart to reply. He returned to tire desk and endeavored to concentrate his wander ing thoughts upon his work, butin vain. Tin* pen dropped from his fingers, and leaning his head on his hand lie gave full scope to his sorrowful and indiguant feelings. When the two gentlemen emerged from Mr. Beale’s private room lie started like one guilty of a secret crime, and snatching the pen pretend ed to Lie all absorbed in bis duties. His flurried manner, so different from his usual quiet composure, was noticed by his employer, who drew his own con clusions therefrom. Mr. Oglethorp was returning to ills home in Baltimore. Ilis friend accompanied him to the steamboat, and on returning closely ob served his two clerks as he sauntered back and forth through the store. Philip’s appearance indicated nothing unusual; but Jtlehard, though lie had partially regained ills customary com posure, could not prevent a slight hesi tancy and constraint when replying to .Mr. Beale’s casual remarks. Several days after, Mr. Beale brought Richard a letter ‘to seal ami deposit in the post office us lie went to dinner. At the same time he sent Philip to a neigh boring store on business, which would detain him some little time —he then returned to his private room. Heft to himself, Iticlmrd gazed on the super scription of the letter, lung and earnest ly. “D. Oglethorp, Ks<p, Baltimore” the words seemed burning Into bis brain. What would lie not give to know the contents of that letter? Doubtless It related to the nephew that was to sup plant him. Richard hesitated, turned the letter over and over. Why-could he not glance into it ? It was not sealed —he would betray no confidence by do ing so —most of the business letters were given him to answer, and certainly to no one living would he reveal the con tents, whatever they might be. These reflections overcame his strong repug- nance to tlu* act, anil with trembling hand he opened the letter and read : “Dkau Sir; 1 wish your nephew lo arrive, if possible, by Tuesday, the thirtieth, ns on that day young Wilkins’year will have expired, ami it, is desirable tlml his successor should be on the spot to enter unniediulely on his duties. Truly yours. •!. ISKABK." The blood rushed to Richard's brow as ho read. For an instant lie forgot the consequences to himself of the threatened blow, in indignation at his employer’s duplicity. Fouryearsago/he murmured, bitterly, ay, four years next Tuesday, I entered this *on\— Not mice since that day has lie hud occasion to reprove me for tin* slightest neglect or over Bight, stern nmlexacting an lie i». I have given no cause for complaint, and that in the end—this ia lny reward. I am to be discharged to make room for one of his friend's con nections. i am thankful I opened the letter--no\v I unn preparo for his treachery. With'aealniness thatsurprised himself tlie clerk sealed the letter, and dropped it in tlie post as lie laid been directed. On iiis way buck to liiH employment lie called at tlie counting room of a mer chant, whom us one of Mr. Beale's ac quaintances lie well knew. Richard wished to make inquiries, in an indi rect way, for a situation, but while lie was striving to form some question to this end, the gentleman came to his re lief, by asking if he knew any young man in need of a situation whom he could recommend to him, as lie had a vacancy for a clerk. Richard eagerly oliered* himself. Mr. Curtis was sur prised that he should wish to leave ills old place, butgladly accepted him, hav ing long admired the iutegrity und strict application of tlie young man, wliohc praises lie had frequently heard from Mr. Beale. Tlie yearly salary was named; it was one hundred dollars more than Richard was now receiving ; and having engaged to enter on the duties of ills new place on tlie following Tuesday, lie went with a light heart to Ills old employment. He did not men tion ills intention to Mr. Beale, ho tlie week pusHed without Mr. CurtiH visiting (die store. He imped lie hud not met Ills employer, for Richard hud a wish Unit tlie latter should not hear how lilh treacherous scheme had been defeated till flic lust moment. OnMoudayevening Richard knocked at the door of Mr. Beale's room, and In iih few wordH as possible requested the wages due to him, as he was engagod to go to another house on the morrow. 1 have known of your engagement since Wednesday, salu Mr. Beale ; Cur tis informed me of It. May I ask the motive of tills secret and unusual pro ceeding on your part? I believe I gave you no cause for ho sudden a determina tion to quit my employment—did,l ? No cause! Richard repeated, bitterly. Oh no sir. no cause, of course—the clerk is only tlie dupe, tlie sluve of the mer chant, and has no right to complain of any conduct, however iniquitous, of which lie Is the victim. “ your sarcasm Is rather out of pluce. young man,” replied Mr. Beule, coolly, 1 asked If I lrad given you any cause of offence. I know I have not; you falsely Imagine that I have, and thus Imagining, you have done yourself a great injury. Nay, noqueetlons—l will tell you all. On the day that Mr. Ogle thorp was here I noticed a great altera tion In your looks, your words, your whole conduct, 1 suspected at, ouee that Philip had overheard our eouver sation ami repeated it to you, in conse ’ipieuettof which you were disturbed In mind. This was natural, and I was far from blaming you ; but It afforded me opportunity for a test which I had pe culiar reasons for desiring to apply. I penned a brief note to Mr. Ogletliorp. gave it to you to seal, and watched your proceedings from that window. 1 thought the temptation would prove a severe one, and that If you arose supe rior to It I need never have any fears ooncornlngyou. I was right, the temp tation was Htrong—too strong for your honor nr integrity to withstand. I saw you open the letter—’twas onough. T illd not at all wonder when I heard of your applying for a new situation ; you thought I was acting treacherously to you and that you would outwit me. Mr. Beale ceased, and looked llxedly at Itiohard, whose whole countenance was suffused with blushes us the true nature of his conduct was brought thus ■calmly to his view. In his Indignant feelings he had not till this moment thought of his dereliction of principle Jn opening a letter not intended for Ills inspection | now he was overwhelmed with shamo and remorse, for ho was naturally upright and Ingenuous. Mr. Beale saw hlscoufuslon, and tur> ~,1 to liln desk to pay what wuh duo 01 Ulolmrd'u salary, but first talcing Homo papurs from a drawer, threw them on the table before the young man. All this Is at an end new, he said, bu t you may see how unjust your flupponi- i! ‘ : ' I ' ' ' ‘‘ \ ’’ '' i . VOLUME 67. tion was to me, how injurious to your self. as I said a while ago. Richard’s eyes were intently bent upon the papers. One was in the mer chant’s handwriting, anotice ofßichard Wilkins having been admitted as junior partner into his old and established business firm; the others were neces sary legal papers relating thereto; Richard continued gazing on them as if fascinated, till the merchant’s voice broke the spell. “ Well, young man : do you under stand the matter now ?” Oh, sir! said Richard, turiiiug his eyes imploringlyon|him,aud then unable to repress his tortured feelings, lie bent his head on the table to conceal the fast gushing tears. Regret is unavailing now, saia Mr. Beale, in ills clear, cold tones. Lhad every reason to place confidence in you. During these four years I have observed your conduct closely. It was such as to satisfy me: and resolving to reward your integrity and faithiulness, I had decided to lake you into partnership as you see by these papers, prepared nearly two months ago, abd only waiting the signatures and date. My friend Mr. Oglethorp, hud frequently mentioned hia nephew, whom tie much desired me to employ. At his last visit I had agreed to do so. It was my intention to give you an agreeable surprise to morrow, and therefore I desired to keep all my arrangements secret, fortunately as I now see ; for my wliimeuahleu me to test the strength of your principles. Oil, if you could only forgive me, Mr. BeaU), exclaimed Richard, imploringly. It was my first error in this regard—l am mire it will he my last. For all answer, Mr. Beale quietly pushed tile money lie had counted over to Hichurd, and picking up the papers tore'them into small fragments. The young man looked sadly at them, but knowing that remonstrance or entreaty was alike unavailing in the stern man, lie by a strong Ldfort conquered ills emo tion, and, talcing up Ilia money, bowed ills tlianlcH and lurewell to ills late em- ployer, and turned to leave the room. As lie laid hia hand on the door knob, lie paused and asked, in a still faltering voice, if Mr. Curtis was informed of all No, I did not think it necessary to speuk of It, said Mr. Beale, for I had reason to think it was your first depar ture from the straight road and though all business connections between ushas ceased, yet I would not injure your reputation by revealing an act which I thought you would regret. You will find Mr. Curtis a more indulgent em- ployer than you are leaving, your salary will he larger than it lias been here, so Hint on the whole, perhaps, you are no loser, and I hope for your sake that your first error will prove your lust. Richard sadly left the store. On the morrow lie entered on the duties of his new situation. It proved agreeable,and tile addition to liis previous Halary was of great use to him; bu! what could si lence remorse for the act by which he liad not only lost so much in a pecu niary point of view, hut also sank im measurably in liis own estimation V He profited by the lesson, however Yearn after lie found himself in a position prosperous and envious as that which lie hud forfeited in early manhood ; but to his dying day lie never tried to banish tlie humiliating hut salutary recollec tion of ids first and lust deviation from ie struiglitfonvurd path of honor and tegrity. In the Omnibus, A mighty woman with a bundle, a cross woman with a dog, an uncomfort able woman with a (log, an old gentle man with a trumpet, a beaming young lady with an expensive crinoline, and the usual compliment of nothing par ticular people, includlngmiue-self, John Hayes, gentleman at large. I would not have been inside if I could have helped it; nor in an omnibus atall, if I could have helped it; and judging from the surrounding faces, we were all in tlie same plight. We were all hot, and we all hated one another. When a fel low-creature is visibly radiating the coloric one already lias in excess, hatred for him, or even Her, follows in logical sequence, aud we were waitiug for more passengers. “Please help me ill I’m blind !” It was the tiniest, sweetest voice ; we all turned to see a little girl lay her hand confidingly on the conductor’s arm. I took her from him as fearfully as if she hail been in truth what she looked like —my parian Clytle—the same pure, sweet face, with the delicate features and drooping white eyelids ; but the sadness of her pallor wus relieved by liie vivid dark gold of her hair, which foil in soft, thick rolls upon her neck. “Is'iif there a dog here?” said she presently. “Yes, darling,” said the dog's owner, ns she handed it to thu child, looking uncomfortable no longer;,- the blind face turned to hers seemed to charm away its nervousness. “What a dear little fellow!” said G'ly tie, and the rough terrier grew popular. "Do they let you go far alone ?’’ said the cross woman. “O, yes.” The little creature gave a low, glad laugh of triumph. I’ve been to tlie blind school; I cun do everything for myself now.” “ Would you mind saying that again, my dear? I'm very deaf,” said the old gentleman. Hhe repeated her sentence, adding, with an odd womnnly pity, “ 1 must he so sad to be deaf.” I said, voluntarily, “You don’t look as Iho’ you were ever sad.” “O. no, I never am, now ICmy Is well.” “ Who Is Emy ?” “Why, my little sister: O! such a little darling ; but she was 111 fur a long time—so long.” Clytlu's voice faltered, as though she were living over again a great sorrow. “ Hut she Is weli now ?” I said. “ OyeH, quite strong; and It’sso nice.” " Have you many sisters and bro thers?” asked the young lady. “No, only Kmy, and one brother, baby Tom ; lie’s such a great, fat fellow, and he laughs—you carnt think how he laughs.” If it was anything like the musical rill his sister sent rippling through the air, I should like to have heard that baby. “ What does ho laugh at?” said the cross woman. “O, every thing; at Emy and me. when we play Punch and Judy ; and at dinner when th.-re’s dumplins ; and sometimes he lies on the floor and laughs at himself; and we laugh too. It is so funny.” The little one’s mirth was Infectious, we nlljolned In, with vurious modulations of the roar of the deaf gentleman, whocouldn’tßtop him self, and Betting us off again, little C'lytle, clapping her soft gloved hands till she made the dog bark, and the conductor looked in to say. “ Well, never I saw such a row.” “ Euston road, please,’ said Clytle. turning into a business woman all al once. The unwelcome place seemed tocome directly ; ns I turned from helping the child out I saw the cross woman’s fuce breaking up into tears. “ It’H queer,” she said, “ but I feel like to cry to see her so merry.,’ I was unpleasantly conscious of what my dear mother used to call the apple In my throat, so I was grateful to the deaf gentleman for saying “ lih !” and saving the effort of replying. We all fell Into quietness, but It was ourious to notice how forbearing we grew to one another; the child’s great loss, worn like a flower crown on the head of some pictured saint, made our petty discom forts all melt away. The young lady began to play with the baby, the oLd gentleman with the dog; and I, who object to all gratuities on the principle of never haviug any money to spare, was absolutely pleased when the mighty woman handed back her change to her vanquished foe, saying: “Never mind tliepenny, conductor.” Even the oross woman grew quite In teresting over a reminiscence of ayouth she had known when she was a girl, who had recovered his sight after being blind for a your. I think If instead of being u plucked civil service candidate, I could be a woman with a mission I would choose that of my unconscious little C'lytle, P&ttUittWOUsS. Secretary of the Treasury's Report. Treasury Department, ) Washington, December 3, 1865. j Ih bis report under date of the 4tb of De cember, 1865, the Secretary estimated, ac cording to the data famished him by this Department and by the other Departments, that the expenditures of the GoFernment for the three-quarters of the fiscal year ending June 30, 1806, would exceed the receipts $112,104,947.20. The result was widely different. The receipts exceeded tlie estimates $89,905,605.44; the expendi tures fall short of the estimates $200,529,- 235.30. The following’statement exhibits the items ofincreaseot receipts and decrease of expenditures in comparison with the estimates: Statement of the estimated and actual receipts and expenditures of the United Stales from October 1,1865, to JimcW, 1860. RECEIPTS. Estimated. Actual. Excess of Est. Customs *1U0,000,000.00 $132,0*7,068A6 $32,037,068.55 Lands 500,000 00 532,140.40 32,140.40 Internal Rev. 175, H00,000.00 212,007,027.77 37,607.927.77 Miscellaneous 30,000,000.00 48.285,125 90 18,285,125.90 Direct tax 1,943,642.82 1.M3.W2.82 5395,403,905.+! $80,903,900.44 Cash balance _UCt. 1,1305 07,108,013 11 C7,1.38^13.11 f{72,(>38,313.H $402,501,420.88 KX PEN DITUUES. Estimated. Actual. Excess of Est. ClvilHervice $ 32,891,052.38 $ 30,485,500.55 $ 2,508,551.83 pensions and 12,230,700,!M 11,001,283.7'J 1,193,305.15 :5U7,785,7.30.57 119.0WJ.404..50 188,708,280.07 :JS,OUJ,OUO.UO 20,802,710.31 8,197,283.00 Indians War Dt‘p'l Navy Dept Inte r t on pub lic debt 90.813,908.75 90,894,200.19 •duct deilcl mey In cstl nute fur ini. m pub. debt f1irt,833,402.94 $2*1,324,227.34 $2H0,529,2:t r >.:!U RECAPITULATION.! Actual receipt*, including cash balance $402,504,420 88 Eatlinatedrec’piH | |lue!udlng cukii Balance 1172,668,516 41 Exc-'hh of receipts over estl* mates 889,905.905 44 Estimated ex- 181,868,462 04 penditures Actual expendi tures 284,321.227*34 Actual expenditures less than 'estimated 20U,ij 1 29,285 30 Total 8f1W,485,W0 74 The following la a statement of receipts and expenditure for the lineal your ending June 30, 1806; Balance In Treas ury, agroeablu to wa r r'an L h July 1. 18(Jo 15 To willed add balance of Hundry trust fuudH not In cluded In the above balance, 2,217,782 94 Milking balance, July 1. In cluding truNt fund 81,070,1)12 09 Receipts from louus 712,861,55:1 05 Receipts from customs 179,0-10,051 58 Uecelp ts from Janus 005,0-11 oil Receipts from di rect tax 1,971,754 12 Receiptsfrom In ternal revenue.. .'luf),22o,Bi:i 12 Recoin ts fro m mlHce.l la u e o u h sources 07,119,309 91 658,032,020 00 KX PKNDITURKS, ‘Roileui p • tl o n o r public debt U2(J,.'121,726.01 For the clvllsor vice 41,060,1)01 61 For pen klouh <t ludiauH 15.562.1 U; 01 For the War Do pari- ment 284,110,701 82 For the Na v y Dupar l ment 4.1,32-1,118 62 For luler ent o u the pub lic debt. J;13,(107,741 (JO 320,750,940.48 l,l-11,072,078.09 ..easing a bftl-nice Id the Treasury on the first day of July 1,1808 8132,887.6-19 11 The following is a statement of mere :eipts and expenditure!* for the quarter ending September 30, 1806 : balance in Treasury, agreeable to warrants, July 1,1060 132,887,5-19 11 Receipts from loans 171,011.622 21 Receipts from customs. 60,843,77-1 24 Receipts from lauds 228,399 72 Receipts from direct tax 310,454 39 Receipts from Internal revenue 99,160,993 08 Receipts from miscel laneous sources 7,981,761 21 158,501,38(1 57 EXI'ENDITUKKS. For the redemp t iou of the pub llcdobl 8243,782,333 45 For the civil Her vice 11,8D3,73(J 44 Fur jjc-iihlouhuuU Indians 11,767,‘>75 U 6 For the War Do- pnrtmeut 13,833,211 U 3 For iheNuvy De partment 7 t K7H,(KJt# 17 For Interest. on thepubllcdeht. 99 323,0-11,7U8 Leaving a balance In the Tren- Hury on the first day of Octo ber, 1806, Of 8142,418,7811 11) The following statement exhibits the itema ol' increase and decrease of the public debt from the highost point, August 31, 1805, to October 31, 18(10: Amount 01 pub lic debt auk. 31- 18(Jj, as per | Isittleinent $2,845,9117,026 6(1 Amount of old funded and un funded debt 111,116 48 $2,810,021,742 Ol Amount of cash lu Treasury 88,218,Uw 13— Ainomit of public debt Aug. 81, 1806, loss cash in Treasury $2,767,803,080 1)1 Amount of pub lic debt Oof. 31, 'lid, hh per state ment. $2,081,006,000 34 Amount of old lundcd and un funded debt 114,116 48 82,081,751,U81 82 Amount of cash in Treasury 130,320,W00 02- Amount of public debt Oot. 31, iwio, luhs cash In Treasury ..... 82,651,421,121 20 Ntt decreaso 8200.879,506 71 Which decrease was caused as follows by payments ai d increaHO of catth in Treasury : Hot d*-. 0 per oent.,|uoL Jan. 28, 1W7.. 81,672,460 00 b p>-i cent..,acts July 21,1841, mill A 111 15, ltik 1-14,UH0 77 Bonds, u per cont., act March 31, 1848.! f 017.100 00 Bonds,6 per cont., act March 8,1804 1,700,750 00 Bonds, 6 per cent., act Bopt. 9, 1860, •dr,(Texas indemnity) 465,U00 00 Treasury notes, (1 per cent., acts Bee. 23, 1857, and March 2, 1801 8,200 00 Temporary loan, 4,6, and 0 per cent., acts Feb. 26,1802, and June 30, isk 02,140,714 27 Certificates of indebtedness, 0 per cent., acts March 1, 1802, and March 3, 1803 84,911,000 00 Treasury notes, 6 per cent., #neand two years, aot March 3, 1803 81,000,(M) 00 Treasury notes, 7-30, act July 17, 1801 2 o # loo 00 Compound Interest uotos, 6 per cent., uot Juno 80,1804 68,612,020 00 Treasury Dotes, 7.80, act June 30, 1804, and March 3, 1805 105,986,700 00 United States notes, acts July 17, 1861, and Feb. 12, lk)2 184,610 00 United states notes, acts Feb. 25, 1802, July 11, 1862, and March 8, im. I. . 42,R10,174 00 Postal currency, act July 17, 1862... 3,029,739 63 Suspended requisitions 2,111,000 00 $405,653,807 67 Increase of cosh In Treasury 42,108,905 49 Gross decrease 8447,062,803 16 From which deduct for Increase- Bonds, 0 per cent, acts July 17 and August 6, 1861 $114,750 00 Bonus, 6 per cent, act March 3,1864... 3,882,600 00 Bonds, 6 per cent, act June 30,186-4 8,211,000 00 llouds, 6 per cent, aot Maroh 3,1865... 206,281,000 00 Uouds, 0 per ceut, acts July 1, 18-2, an- 1 Ju1y2,1864, Is sued to Coutral Paoiflo Hall road Company, &c., In terest payable In lawful mouev 8,021,000 00 Fractional curren cy, acts Maroh 3, 1863, and June 30, .'“lt-; 4,273,007 45 Gold certificates, act March 3,1863... 10,890,980 00—8241,283,237 46 Net decrease 8200,870,605 71 The Secretary snys these statements are In the highest degree encouraging. They furnish conclusive evldouce of the greatness of our resources and the unwillingness of the people to have the dob* a perpetual In cumbrance upon the country. It is not ex pected. he observes, uor is it perhaps desir able, tnat the sumo ratoof reduction should be continued. He aootns rather to prefer a further diminution of luternul taxes, and a further modification of tho tariff, and the roductlon of the debt at a slower rate thau at present. But oven with such modifica tions of the revenue laws, and with oloso ooonomy In tho administration of tho Gov ernment uud u discontinuance of donations LANCASTER PA. WEDNESDAY MORNING, DECEMBER 12,1866 to railroads, be is of opinion that the public debt can even then bepaid by the genera tion that created it. He strongly combats the idea that a national debt can be any thing else than a burthen and a mortgage upon the property and industry of the people. The Secretary regrets that so little progress has.been made towards specie payments; but as the legislation at the last session of Congress upon the subject of reducing the currency prevented him irom taking any important step towards a return to specie payments, be turned his attention to meas ures looking to an increase of efficiency in the collection of the revenue; to the conver sion of interest-bearing notes into 5-20 bonds; and to a reduction .of the public debt. Re garding a steady market as of more import ance to the people than the saving of a few millions of dollars in the’wayof interest, he considered that there must be a power in the Treasury to prevent successful combinations to bring about fluctuation for purely specu lative purposes. He has therefore held a considerable reserve of coin in the Treasury, which he has permitted to accumulate when necessary for the purposes of the Govern ment, or to prevent commercial panics, or successful combinations against the na tional credit; and which at other times be sold whenever sales were necessarv to pre vent financial crises, or to save the paper circulation of the country from deprecia- tion. His administration of these matters has been based upon his unchanged opinion that our finances should be gradually brought towards u specie standard, and he thinks the period at which that may be fully accomplished without damage to Ihe business affairs of the country need not bo postponed beyond July Ist, 1868. Although the Secretary gives en couraging views of our financial strength ami resources, he presents the following figures to show that the balance of trade in reference to our imports und exports has been materially against the United States, and that the difference has been paid lor in our national bonds. $200,009,020.74 EXPORTS OF SPECIE TRADE BALANCES LARGELY AGAINST TH E UNITED STATES. A few fucts will put us right on this point. Between the year 18-18, when gold was first discovered in*Oilifornia,and the Ist of July, 1860, the product of the gold and silver mines of the United States was about $1,100,- 000,000, nearly all of which has gone Into the world’s general stock ; und It is not pro bable that the amount of gold and silvor now in the United States is very much larger than it wus eighteen years ago. During the fiscal year ending July 00, 1860, the United Slutos imported: Foreign merchandise tree of duly $58,801,759 Foreign merchandise paying duty 308,608,051 Total $427,809,810 Ol foreign merchandise there was re-ex- Ported : 'reoolduty $1,907,157 Dutiable 9,434,203 Total, mixed gold und currency val.. $11,311,420 Which, reduced to currency value, was equal to 10,203,2:13 Total net Imports, foreign mer chandise, valued ill gold $117,040,677 Imports, specie 10,32-*, 150 Of which there was re-exported 3,400,097 Total not Imports, foreign merohan illse uml suede $128,97 >,UM During the fiscal year oudiug June 30, IKOU, the United Whites exported domestic raerchaudlHO, currency value, $408,040,903, reduced to gold value $333,322,085 Specie exported 82,043,871 otal domestic exports, val. lu gold, 415,905,459 Apparent bill, of trade, val. lu gold, $8,009,577 But these figures, taken from the reports of the custom houses, do not preseut the wholo truth. For many years there has been a systematic under-valuation of for eign merchandise imported into the United States, and large umounts have been smug gled into the couutry along our extended sea-coasts and frontiers. To make up for under valuations and smuggling, and for cost of transportation paid to foreign ship owners, twenty per cent, at least should be added to the imports, which would make the balance for the past year ug*.inst the United Stntes;neurly $100,000,000. It is evi dent that the' balunces have been largely against the United States for some yeurs Sunt, whatever may have been the Custom louse returns. On no other ground can the fact be accounted for that a very large amount of American bonds is now held in Europe, which are estimated as follows: United Slates bonds $350,000,000 1,27:1,900,215 20 Stute uml municipal bonds 150,000,000 Railroad und otherstocks and bonds 100,000 000 The large amounts of these now held in Europe, he argues, were tukon up there not so much for purposes of investment, as for tho payment of our excessivo imports. He regard's the holding of these bonds there as a mere temporary matter, and as a very improvident arrangement for us, jus they are bought ut low prices, and are likely to be returned wkeuover financial troubles in the countries where they are held shall make it necessary for the holders to sell. To guard against this ho makes u suggestion that we shall presently refer to. lu the light of a full discussion of the pe culiar financial condition of tho United States, with its redundant and inconvertible paper currency, with specio demonetized, tlie business of the country, therefore, sub ject to constant fluctuations in prices, tho Secretary advances lo an inquiry us to what are the remedies for this condition. Those which be proposes are as follows: First. To compel the National Banks to re deem their notes In tho Atlantic cities, and ho suggests the single city of Now York for that purpose. Second.’ A curtailment of Ihe currency to the amount required by legitimate and healthful trade, and lo this eud ho recommends the withdrawal of the U. S. notes rather than tho National Bank notes. Third. A careful revision of the tnriff, for the purpose of harmonizing it with our internal taxes—removing the op- Eressivo burdens now imposed upon certain ranches of industry, uud relieving al together, or greutly relieving, raw materials from taxes, iu order that the product of labor may be enhanced and production and exportation increased. Fourth. Tho Issue of bouds pnyable in not over twenty years uud benrlng Interest at the rate of not over live per cent., payable In England or Gor* muny, to un amount sufheient to übsorb the six per cent, bonds now held In Europe, and to moot the demand thoro for uctuul and permanent investment, and Fifth: Thu rehabilitation of the Southern States. Each of these remedies 1h vory earnestly urged upon tho attention of Congress; and with roluronco to the reduction ol the cur rency he uses' the Htrong language that, if such policy “shall not uo speedily adopt ed und rigidly and judiciously enforced, severe flnuuolal troubles are in store for us. 405,400,557 02 Postmaster General’s Report. Tho revenues of this Department for tho year ending .Tune 3U, 1800, were $14,380,98(3.- 21, und the expenditures $15,352,070.30, showing au excess of the latter of $9115.003.00. Anticipating this deficiency, a special ap propriation was made by uot of Congress approved July 28, 1800, For the next yeur the receipts of the Department are estimated at $15,800,385; tho expenditures at $17,583,000, a deficiency of $1,770,005. The number of postage stamps Issued during the year was 347,734,325, representing $10,810,001; stamped envelopes 30,380,200, representing $021,500.50; (stamped envelopes bearing printed cards and requests, 7,083,- 525, representing $230,000.70; stamped wrappers, 1,025,000, representing $20,500; making In all $11,988,008,25: a decrease of $858,700.26, as compared with the previous year. The aggregate of stamped envelopes and stamped wrappers issued during the year ending June 30, 1800, was 30,094,725, repre senting $1,172,007 25; an increase of 12,888,- 550, representing $424,557 25, or nearly 50 per cent., being largely In excess of Issues during any previous year since tbe intro duction of stamped envelopes. Tbore were in the service of tho Depart ment on the Both June, 1800,0009 contractors for the transportation of the mails. Of mall routes in operation there were 0,930; aggregate length 180,621 miles; ag gregate annual transportation, 71,837,914 miles: aggregate annual cost, $7,(380,474; including the compensation of route agents, local agents, mall messengers, postal rail way clerks, and baggage masters lu charge of malls, viz.: $779,710, theaggregate annual cost wus $8,410,184; for the mail service in tho Southern Htates a deficiency of $75,383 Is required; in the foreign mall service the aggregate amount of postage received bus been $2,289,210, The number of letters exchanged in the mails with foreign countries was 9, 480,540: of which 4,880,910 wore Hent from, uud 4,548,030 received In, the United Htates. Of this number 8,504,847 were exchanged with European countries, an Increase of $1,854,330 over the number exchanged In 1805. The number of newspapers sent to foreign countries was 2.804.442, und the number re ceived from foreign countries 1,381,724, making a total of 4,180,100, Of this num ber 3,828,135 were exchanged with Europe, being un increase of 29,157 on tho number in 1805, , t , In the foreign service tho balance .against the United States has been $278,744. A liborul Postal Convention has boon con cluded with tho kingdom of Italy. Tho preliminary basis for a new Postal Conven tion with Great Britain has been agreed upon, reduolng the International charge on a slnglo letter from twenty-four to twolvo cents; admitting Into the mails printed matter of every kind, and patterns of merchandise, at each rates as the dispatch ing country shall establish, and granting to each country, reciprocally, the right to transmit correspondence in closed bags, or in the ordinary mails, through the other, at the same rates of charge paid by the in habitants of the country through which the correspondence-is forwarded. Negotiations for a Postal Treaty are in progress with Brazil. A contract for the China mail service has been executed with the Pacific Mail Steamship Company. First-class steam vessels are to make monthly trips between San Francisco, the Sandwich Islands, Japan and Hong Kong. Ou June 29, 186 G, there were 23,928 post offices in operation, to which in 709 offices the President appoints the postmasters, and in the balance ihe Postmaster General ap points. 10,074 appointments have been made during the year. The free delivery system is in operation in lorty-six of tne principal cities. The number of carriers employed was 863, at an aggregate compensation of $589,236,041. During the year 4,500,000 dead letters were disposed of, and $244,589.99 was returned to its owners in dead letters. 2,500,000 dead letters have been destroyed. 243,609 money orders have been issued, of the valuo of $3,977,228, the average amount of each order being $16.32. - The Postmaster General recommends some changes in the rates of charge for money orders. Five forged orders were paid during ihe year. The Postmaster General states that the revenues of the Post-office now amounts to a sum greater than the annual revenues of the Federal Government during the admin istration of John Quincy Adams. He says great abuses hnve arisen uni.er the Irank ing system, and, whilst not recommending its abolition, thinks the law regulating it ought to be amended. Report of the Secretary of War. The .Secretary of war writes that the dis bandment of the volunteer forces, the col lection of military stores, the organization of the regular army, the establishment of posts and garrisons on the frontier, und in the Indian country, testing improvements of breach loading arms, ana the strength of projectiles, the completion of sea-board de fences, the improvement of rivers and har bors, and the administration of laws relat ing to refugees, freedmeu, and abandoned lands, have occupied the attention of the War Department during the past yeur. During the year, down to November Ist. 1,023,021 volunteers have been mustered out, leaving lu service 11,043 volunteers, white and colored. Over 207,000 horses and mules- have been -sold for $16,289,075.64; 4,400 barracks, hospitals, Ac., nave been sold for £447,873.14 ; damuged clothing sales produced $902,770.45; 590 ocean transports were in service July Ist, 1805, at u daily ex pense of sB2,4oo—these have nearly all bueu discharged ; 262 vessels employed in inland transportation, at an expense 0f53,193,533.28 have all been discharged; the Government has sold railroud equipments to the amount of $3,400,739.33, for - ush, and $7,444,073.22, for credit. The regular army contains 54,302 men, but may bo enlarged to the maximum strength of 75,382 rank and file; during the last fiscal yeur, over $1,000,000 wore dis bursed to the regular army, and ueurly $249,000,000 to the volunteers. Among white troops the proportion of deaths, from all causes, to cases treated, Ims been one to every filly-two. Among color ed troops the proportion of cases taken sick lius been greater than with the white troops, und the mortality rate one death to every twenty-nine cases treated. There were re maining in general hospitals, June 30, 1865, und admitted during the year, 64,438 pa tients, of whom, on June 30, 1866, only 97 remained under treatment. The comfort and proper medical treatment of the sick and wounded are secured in well-arranged post hospitals, of which there are at present 187. with a total capacity of 10,881 beds. The army has consumed during the year for forage, $3,300,000 bushels of oats, 5,061,- 000 bushels of corn, 130,000 tons of hay, ,700 tons of straw. With reference to breach-loading rifles the Secretary says that in view of the great number of small arms on hand, it has been deemed ndvisublo to convert Springfield rifle muskets, at a comparatively >%mall cost, into efficient breech-louders, rather than to incur the cost of the entire manu- fuoture of new arms of that description, at a time, too, when the invention may not have been perfected. This alteration of the Springllelu musket has been effected so successfully as to render it au nrm believed to be better in all respects than the Prussian needle gun, while its metalic ammunition Is regarded as superior to that of the latter. The Department has already on hand breech-loaders of approved patterns ade quate for the supply of tho cavalry and mounted and light iufantry. With regard to military affairs, ho sayß that the principal movements of troops have been in Texas, on the Mexican frontier, and in tho Territories, tho details of which are given in tho accompanying report of General Grant, commanding tho armies of the United Stales, and the reports of divis ion and department commanders, to which reference is made. General Grant reports that a militarv force has boon kept in all tbe lately rebellious States for the purposes ofinsuringtheexocution of ihejlaw, anu pro tecting life nnd property against the acts of those who, as yet, will acknowledge no law but force—a cluss smaller, iu his opinion, than could have been expected after suoh a conlllct as that through which wo have passed, butHUiffclently formidable to lustify the course which Ims been pursued. Mili tary movements have also been directed will) a view to the protection of emigrants on their way to the mountain Territories against tho hostility and opposition of the Indians. .50 111,000.000 The subject of the extra bounty is con sidered nnd the department is ondeavoring to so arrango matters as to expedite this payment. The Government has furnished maimed soldiers with 370,000 wortii of arti ilcinl limbs, and about 1,000 limbs remain to still bo supplied; 41 national military cemeteries havo been established, contain ing the remains of 104.520 Union soldiers ; 10 additional comotorles are to bo estab lished ; iron head-boards aro to bo erected to mark their graves, nnd the Government has provided for tho remains of 210,307 latrlotio soldiers, whoso livos wore saorl Iced in defence of their country. Lists of tho dead to the numbor of 32,000 names have ulroudy boon published, andothurs will bo Issued as rapidly as they can bo prepared. Tho total ostimuto of military appropria tions for the fiscal your, ending June 30, IHOO, is $25,205,000.00. Tho modioal department reports valuable mortuary rocords, and is preparing a mu seum oflntcrestlng and Instructive modlcul specimens. The pay department during the lust year has disbursed ovor $259,000,0>i0, and asks less than $18,000,000 for the uext year. From Jauuary 1, 1801, to Juuo 30, 1800, tbe ordnance department provided 7,802 cannon ; 11,787 urtlllery ourrlagos; 4,022,130 small-arms; 2,302,540 complete sets of ac coutrements for infuutry and cavalry; 539,- 544 complete sets of cavalry horse equip ments ; 28,104 sots of horse artillery harness; 1.022,170,474 cartridges for small arms; 1,220,555,435 perousslon caps ; 2,802,177 rounds of ff zed artillery ammunition; 14,- 507,082 cannon primers and fuses; 12,875,204 pounds of artillery proieotiles; 20,440,054 pounds of gunpowder; (1,305,152 pounds of nitre, and 00,410,295 pounds of lead. In ad dition to these, there were immense quanti ties of parts provided for repairing und making good articles damaged, lost, or de stroyed in tbe service. There are 228 Cadets at the Military Acad emy at West Point, and tbe increase of the numbor to 400 is recommended. The Freedman's Bureau is considered at length. 150,000 Freedmon and their children are attending school. The importance of self-support has been urged by proper means upon the laboring classes, wages have been determined not by orders of bureau officers, but by clrcumstances-ordl narily affecting the price of labor In differ ent localities. The education of freedmon and refugees has been carried on vigorously, under the Immediate patronage of benevo lent societies. A superintendent of educa tion, devoting his whole time to his work, is stationed ut the bureau headquarters In each State, and all bureau officers co-operate with him. Transportation is reported as furnished to 0,352 destitute freed people and 387 refugees, 13,412,273 rations were issued between June 1,1805, and September 1,1860. Tho averaged number per month,to refugees and freedmon, was 804,500; the average number per The Ibsuo to whites increased until June 30,1800, when issues to freedmen nnd refugees were about equal. From June 30,1800. until September 1, the number supported of botn classes has diminished. The amount of land now In Eossession of the bureau is 227,231 acres, to e inoroused by 228 tracts in Tennessee, of which the number of aoreß has not been reported. Tbe aggregate number of parcels of town property, notlncluded in the above, which have been in possession of tho bureau is 8,724, of which 2,005 have been restored, leaving a balance of 1,110 parcels of town property. $3,830,300 are asked for the sup port of tho bureau during the coming your. In compliance with recent enactments oi Congress, commissioners to assess the value of slaves enllstod into tho United Slutos army during the war have boon ap pointed for Missouri, Maryland, Kontuoky, and Tennessee, butlthofr reports have not yet boon received. Report of the Commissioner or Internal Revenue. The receipts of the last fiscal year were mainly from the law as amended by the act of March, 1865, and were considerably in excess of the estimate of the last report. The excess resulted largely from the open ing of the Southern markets, and from cot ton, of which there was a greater supply than was anticipated. The amount Is not far short of the revenue for the two years preceding, and is but twenty-two million dollars less than the entire revenues of the British Empire. The aggregate receipts of internal rev enue for the year, includiug drawbacks, etc., were $310,906,984.17. The drawbacks for goods exported and amounts refunded as erroneously collected amount t 05514,844.- 43, which must be subtracted irom the übove. The receipts from special sources are as follows: From tax on Bunks, Trust Companies und Savings Institutions, 7,050,561.77. Tax on Railroads.—From dividends, 2,- 205,804.45; interest ou bonds, 1,255,916.98. Insurance Companies.—Dividends, Ac., $767,231.12. Premiums and assessments, $1,109,722,23. Salaries of office h01der5.—53,717,394 69 Revenue 5tamp5.—515,044,373 18. Articles in Schedule A (of luxury, such as watches, Ac.)—51,692,791 65. Licenses.—slB,ols,743 30. 1nc0me5.—560,894,135 85. Iron aud Steel. —$14,728,133 36. Refined uud Crude Petroleum.—ss,3l7,- 390 05. Cigars and Chewing and Smoking Tobac co.— $15,81-4,300 87. Fermented Liquors.—ss,llo,l4o 49. Distilled Spirits.—s29,l9B,s7B 15. [The above is exclusive of the tax upon spirits sdistilled from apples, peaches aud grapes. The total receipt from distilled spirits from Nov. 1, 1865, to Nov. 1, 1866, were $37,627,595 45.] The expenses of collecting the reveuue are set down ut $7,689,700 40, or less than two and a half per centum of the total re ceipts, excluding drawbacks und sums re funded. The per centage of expense is less than that of the preceding your. The income tax receipts lor 1860 were largely from assessments upon the inoome of ISO 4. Of the receipts iu 1860, $20,570,809 were at 5 per centum, und $34,501,122 at 10 per centum. The whole amount of re ceipts from tax upou Incomes since the passage of the luw of 1862, including col lections of the present fiscal year, is $164,- 805,018.05. Large quantities of tobacco, manufac tured in tue South before and during the war, a great portion of which was not sub ject to tax under law, having nearly if not altogether .disappeared from the market, largely increased receipts from tobacco are anticipated, most now consumed being pro- ductive of revenue. After careful cousiderutiou of all the facts in his possession, the Internal Revenue Commissioner estimates the receipts for 1867 at $285,000,000. The report recommends that the returns for the aunual list, including the registry for the special tax, be required on the first Monday of March in each year, and the tax be raude payable on the thirtieth day of April following; thut the penalty of non pay ment be reduced one-naif, to 5 per centum, with interest at the rate of 12 per centum' per annum; that imprisonment for evad ing the special tax uct be abolished, except lu cose of liquor and cigar manufacturers, and that the minimum fine be $10; that valuo or receipt, not quantity sold, be made the atundard of wholesale or retail dealing in liquors; that bulchorsbe taxed as whole sale dealers when their annual sales exceed $25,000. A uniform increase of the compensation ol Assistant Assessors to the amount of seventy-five cents or one dollar per day, is recommended; also, that Collectors be authorized to interchange distillery inspec tors within their districts, at pleasuro, to prevent frauds. The assessment of the tax upon cotton seems to requiro few, if any, changes of regulation. The witbdruwul of tho privilege of re moving cigars iu bond, if the tax is still to be estimated by value, is urged. In view of the small foreign trade, it is thought that it would be better to nllow cigars to bo ox- >orted for benefit o; drawback than to make the needed change in the bonded system. It is believed the same facilities snould be extended to the manufacturers of turpen- tine as to those of tobacco or tho refiners of coal oil. Uecotninendutions are made iu regard to United States District Attorneys; also, lu regurd to stamp duties. The tux upon u power of attorney to con vey real estute is recommended to bo re- iluced to 50 cents. The peually fur evasion of tho stamp duty should be graduated by the amount of delinquency. The collection oi direct taxes in the lately insurgent Stales wassuspeuded, by order of tho Secretary of the Treasury, from the 3rd oi August last. The amount collected from June 30, 18G5, to the date of suspension was $1,021,744.10. No collections wero made in Alabama, and the reports from Arkan sas and Mississippi have not been received. The report says, that the same reason which ut iirst secured au exemptiou of a portion of one's income from tux now exists for an increase in the amount of exemption. In determining the amount of taxable In come under tho present law, prolits and losses from transactions in real estate nre considered only when its sale Is in the same year with its purchase. This arbitrary rule Is uot inadonppllcubloto personal property, and, as there seems to be little reason for Its existence at ull, should be amended. The report concludes: The immeuso revenue oi tho last fiscal year was raised with probably less pressure upon the people than that of smaller amounts in previous years. Their enterprise nnd spirit of accumulation have prevented the depression of business which ordinarily at tends heavy taxation. Their means for the ultimate extinction of tho nationul debt are rapidly multiplying from tho lucreuso of population and the constant development of now sources of wealth. Tho reduction of tuxes will stimulate production, ami lu a lew years the nationul debt will cease to be an object of unxiety or even annoyance to a grout’ and united people. Report of the Secretary of the Navy. The Secretary ot tho Navy reports that during the past year the Department has been ongugod in reducing tho naval force at homo, establishing squadrons abroad, repairing vossuls and machinery, und plac ing the navy upou a substantial but econo mical peucu establishment The Naval Stations on the Southern coast have been discontinued. Tho Navy consists ut present of 278 vessels, cnrryiug 2,351 guns; of which 115 vessels, currying 1,029 guns, und 13,000 men, are in commission. The various squadrons now in commission, consist oi the European squadron, commanded by Hour-Admiral Goldsborough 10 vessels and 113 guns ; the Astatic squudron, Rear-Admiral Bell, 8 vessels and 78 guns; the North Atlantlo squadron, Rear-Admiral Palmer, 15 vessels, 135 guns; the South Atlantlo squadron, Rear-Admiral Godon. 8 vessols and 75 guns; the North Paciffc squadron, Rear- Admiral Thatcher, 10 vessols and 122 guns: tho South Pacific squadron, Rear-Admiral Dahlgren, 7 vessels and 67 guns; the Gulf squadron, Commodore Winslow, 10 vessels and 71 guns.. Several vessels are also on special service os Supply Ships, Practice Ships, and on the Lukes. The Secretary speaks very highly of the performance ol the Iron-clods Monadnock and Mlantonomah, regarding their success ful ocean voyages as a great triumph for their cluss or nuvul architecture. In considering tho condition of the Navy Yards, tho Secretary states that very few vessels uro building, and that work on sev eral others has been altogether suspended. 14 Ships are iu course ot construction, 4 being Iron-clads, larger and much moro formidable than the Mlantonomah. Ho complains of the want of a sufficient num ber of building shops. Ship houses and Dry Docks; that the supplies of timber ut the different yards hove neon exhausted during the wur, and he states that tho Governmont ought to own its own shops and machinery, ana construct its own vessels, lu preference to going to private establishments. Ho recommends that the Navy Yards at Nor folk and Pensacola be placed in au efficient condition, as'tboy nre as essential to tho.nu vy and the couutry as either of the yards at the north, and In tbe event of a foreign war, wo could bettor dispense with one of tbs yards north of tho Chesapeako than with either of these. , , With regard to the naval depot for Iron Clads he sayß i "In consequence of tho fniluro of tbe Sen ate to act on tho bill which passed tho House of Representatives for the acceptance of League Islaud for nuval purposes, tho gov ernment remains without a depot or station for our iron and armored naval vessels. Most of them have been permitted to remain in the back channel at League Island, where they were placed after tho close of tho war as the beßt and most available location for their security and preservation. It Is de sirable that tho bill for the acceptance of League Island which has been unfortunate ly delayed In its passage through the Sen ate should receive tho early action of that kouy, that the necessary appropriation may be made for deepening tno ononnel, preparing suttublu docks, and making othor nocoHHary arrangements, at an early period, for the proper care and protection NUMBER 49. of-Jthe large number of costly vessels which are there, and from which they are liable at any time to be warned away by the pro prietors of the adjacent shores. The vessels lying in the back channel are there on sufferance. Being of iron, it is essential that they should be laid up in fresh water, and in consequence of the omission of Congress to provide any suitable place, the department selected this location as by far the most eligible in the country for that purpose. They are there, however, under many disadvantages, for no preparations or improvements for them have Seen made, nor Is the department authorized to make any, for the safe keeping, protection, and preservation of vessels which have cost the government several millions. Deterioration and per manent injury must be the consequence of this delay, and, notwithstanding every precaution has been taken, it is out rea sonable to expect that they have already been damaged to some extent from their exposed condition. He- recommends the enlargement of various Navy Yards, and with regard to the condition of the Yard in Philadelphia, he writes as follows: “ Operations at most of the yards have been inach embarrassed for want of room, but at no one has there been so much difficulty and luconvenienco from this cause as at Philadelphia. Until the intro duction of steam, the Philadelphia yard was of secondary importance, on account of its interior location, which rouderod in gress and egress to vessels propelled exclusively by sails difficult and dilatory. But the revolution wrought by steam—-the manufacture of Iron vessels, and engines, and armature—the advantage of an interior location which was formerly an objection— the facility with which iron and coal can be obtained on the Delaware, aud tho necessity that our iron and nrmored vessels should be laid up in fresh water, will make the navy establishment on the Delaware river important beyond any other in the country. Tt is impossible, however, to carry ou the operations which are essen tial ut this central point within the limits of the present yard, which has scareolv one-sixth the area of any other, almost all being too restricted. Nor cun the present yard, whioh is within the thickly popu lated part of the city of Philadelphia, be enlarged, except at a oost which precludes the Idea of its accomplishment. Anotbor location must be obtained. Ten times tho water front, and twenty times tho area of the present Philadelphia yard are wanted for the naval establishment on the Dela ware. Thero is no doubt that the present yard will bo abandoned, and tho sooner another location is secured, with uinplo room for tho necessary works, to which tho present establishment can be transferred, the better will it be for the service and tho country. Should the Senate confirm tho law wnich was passed by the House at tho last .session, accepting Leaguo Island for naval purposes, ample ground and water front will be obtained.” A joint Army and Navy board is at present considering the subject of harbor defence, In which so many changes are necessary, owing to the naval improve ment in the last lew years. A naval commission is at present in ses sion, Commodores. P. Leo being tho Chief, examining suoh officers as have served in the volunteer naval service, as wish to en ter the regular navy. This board has not yet concluded its labors. The Naval Academy is established at An napolis and tho Secretary recommends the enlargement of the grounds and additional accommodations in that city. Tho revival of the naval apprentice system promises encouraging results, but tho Secretary con siders It as yet In its infancy. Ho recom mends that a portion of tho most prollciont and most deserving of tho boys enlisting in the navy, be appointed to tho Naval Acad emy, and thinks that one-half of the yearly appointments should be naval apprentices. With regard to tho puy of tho seamon, ho says that complaint is made that at presont prices, and with an inflated and fluctuating currenoy, tbe seamen find it difficult to pro cure their outfit on the wages they lecelvo. It is a question whether the seutnen, who, when on service, are confined to no particu lar locality, but are constantly changing from port to port, and from one country to another, ought not always be paid in coin. It is important to them beyond any other class that they should receive tholr wages in money of true standard value, which they can use abroad as woll as at homo, and that they should not be puid in a fluctuating paper ourrency. The navalpensiou fund at present amounts to $11,750,000. The navy pension roll at present consists of 2,205 persons,receivingn total annual amount 0f5270,739. The Secretary asks appropriations amounting to $23,608,430.10, for tho coming year. The bureau of yards and docks, in their report, state that tho means for execut ing work at the Philadelphia Navy Yard are very limited, and in consequence of the wantof shops and machinery, largo quanti ties of work have been done in private establishments, which could have boon performed more economically and perfectly, in the Navy Yard, had the facilities existed. In the Navy Asylum there are 172 persons, including officers and attendants; annual oxpenses, $02,282.58. The naval coal contracts for tho current year, are 40,000 tons, delivered at Pliiludol pbiu, nt $5.01 por ton, aud 12,000 tons, de livered at New York, at $7.28 nor ton. But little coal has been sent abroad during tho year. During tho rebellion 4,030 persons were wounded in tho nnval service, 430 wore Hcaldod in battle, and 308 drowned in battle. The aggregate number of deaths In tho navy from casuulities of ull kinds during tho rebellion was 2,272, as follows: From gunshot fractures, 495; from gunshot flesh wounds, 1,309 ; from incidental cnsuaUties, 373; died in rebel prison-pens, 95. Tho Murine Corps numbers 3,000 men, and the Secretary recommends tho promo tion of its commanding officer from tho runk of Colonel to that Brigadior-Uonoral. Report or Secretary of the Interior. During the last ilacal year 4,029,343 ucres of public lands wore sola for $824,645. The eutlro amount of tho public domain is 1,405,468.800 acres, of which 474,16,0,551 ucros huvo boon survoyod. Land officos havo boon rooponod in Flor ida, Alnbuma, Mississippi, Louisiana and Arkansas. Thoro aro 200,000 squnro miles of coal lands In tho United States, over 43,000,000 acros of swamn lands havo boon putontod to tho sovoral states. Ovor $33,000,000 will bo roquirud for tho Ponslon service noxtyour, Sumuul Down-* ing, of Now York State, is tho only surviv ing soldior of tho Revolution. Thoro aro 931 widows of Revolutionary soldiors on tho Pension rolls. Tho total numbor of Eensiouors of all classes aro 120,622 ; 5 ull olng ponslonors of tho late war excepting 3600. During tho yoar ondlng Sept. 30th, 1866, 8716 patents woro lssaod and 55 extensions of patents granted. Tho Secretary thinks there is no good reason why an appeal from tho decision of tho Commissioner of Patents to the Supremo Court of the Dis trict of Columbia should bo longer allowod. The progress of tho various divisions of tho Pacific Railway Company is described, but tho information is not so lute us that already given tho public through tho columns of the Ledger. The condition of tho Capital Extension is described, but this bus already boon laid before the public. During the your about $1,120,000 wore ex pended tor the support of tho L nitod .Stales Courts, exclusive of the salaries of the Judges and other officers. Tho .Secretary urges tho erection of suitable buildings for the Federal Courts. Numerous statistics uro given about the District of Columbiu, of interest, however, only to tho people of tho District, The Secretary recommends an Increase oi the salaries of the clerks in his Department. grttomys-at-'lttw. WM. A. WILSON, No. 63 East King st., Lancaster. WM. J.EAMAN, No. 6 North Duke st., Lancaster Will. 11. FOUDNBY, No. ii East King at., Lancaster, GEO. NAUHAN, No. lo Contro Square, Lancustor^ n. N, NORTH, Columbia, Ijincasler county, Pu H. H. NWARR, No. 13 North Duke st., Lancaster CHAN. DEN (JEN, No. 0 South Duke st., Lancaster. ABRAH NIIANK, , „ No. 80 North Duko st., Lancaster. J. W. F. SWIFT, , „ . „ No. 13 North Duko st., Lancaster. F S PYFEB * * No! 6 South Duko sL, Laucustor, N. 11. REYNOLDN, , . No. 63 East King st., Lancaster, 1. W. Q Ueon Btii Lancaster, A. J. gaVegt K} ng Hti( Lancaster jT. b. HVINGOTON, No. 11 Norm Duko st., Luncastor. I, H. PRICE# No# 0 North Duko st,, Lauoastor hams •'' - - BUBiHxsa Adv tibimcts, |U It year per square of ten Unas i pot cent* lncresiefor fractions of ayear. Beai< Estate, Pebsohad Pmonsr ran. ADVZ&TXBnrG. 7 cents a line tot tbe first, and 4 oente for each snbeeunanl. tiOtte Special Nonas inserted in TiOffil {v»itnnw y 15 cents per line. Special Notices preceding marriages and deaths, 10 cents per line for first Insertion, and 5 cents for every subsequent insertion* Buaimsa Oanna, of ten lines or less, one year,— .. 10 Business Cards, five lines or less, one year,...*——*———• ———. 6 Legal ahd oth u Notices— Executors’ ..oUoes*—— 2.00 Administrators* notices,—.——.. ZOO Assignees' notices, * - ZOO Auditors' notices, —...*.*. 1.50 Other “Notloes/’ten lines, or less, three times, —— 1.50 M. Cays St, «gUbS. fancy pubs NOW OPENING AT SHULTZ & BROTHER’S I*o NORTH QUEEN STREET, LANCASTER, PA. A very ohoicecollecUonof Ladies' Fanoy Furs, SAUi/iC, MINK, SABLE, SIBERIAN SQUIRREL, GERMAN, RUSSIAN AND AMERICAN FITCH, ROCK MARTIN. CAPES, VICTORINES, BEETHAB, CUFFS AND MUFFS FOK LADIES’ AND CHILDREN’S WEAR. Ladles' and Children's Hoods, Caps, and Fur Trimming. GeutlemouH’ Fur Collarß, Gloves, aud Cups in all qualitios. A complete assort ment, of FANCY SLEIGHING ROBES. SHULTZ BROTHER , HATTERS AND FURRIERS. ea-All kinds of SHIPPING FURS bought, and highest cash prices paid. [uov 1-tfdAw rjIHK UitEATKNT HAIUJ.VI.NH, LARGEST ASSORTMENT AND LATEST STYLES, TO HK FOUND IN THE CITY, ARB AT J. M. GREEN'S (Successor to Jesse Smith. ) NEW HAT AND CAP STOKE HOWELL'S BUILDING.' No. «4, North Queen Street, LANCASTER, PA. The proprietor, having Just returned from New Yorkund Philadelphia, would respectfully Inform lilh patrons and tho publio generally, thut he bos now ou band tho Latest, Best ami most complete assortment of, HATH AND CAP B,! ever offered to the citizens of Lancaster anil vicinity, uud ut the most REASONABLE PRICES. Thin stock consists of all the novelties of tb« Heiiflou, some of which arc: THE CHAPEAU BREVETE, NKW SARATOGA, CYNOSURE, INDICATOR. SARATOGA, MORTON, AND PETO. IfdAw gqj (SoofliS, Stt. HAGEK d UItOTUEIIN Havojusl received, from luto Freuch Hales, a handsome lot of LADIES’ DRESS GOODS ! Hi lie Poplins, Empress Cloths, Barrllz, Merl uoes, ac., of llnu quality and cholco shades. KLKUANT Cl IA INK LAINF SHAWLS, Plain and Open Contras. SFLK AM) JCMFIRQ l DKFIEI) SCARFS. Wo are selling the übovu goods at very low prices. J~ AIHEM* CLOAKS AM) CLOAKINI.N ! Thu largest stock of FINE HE A VEIt CLOAK' INCH In this city. CLOAKS MADE TO ORDER. HAGER A BROTHERS. ITIIN ! MINK, SABINE, SQ VIRRKL dr FIICH. A completu stock at HAGER A BROTHERS. gLACH, AM> DAHLIA FRENCH BEAVER CLOTHS, For Halts and Ovorcoats. ALSO, FRENCH A AMERICAN CAHSIMERE3. We havo now In storo a completo stock , which wo are prepared to make to ordor, at short notice, In superior stylo, dec 1 tI'dAWJ HAUER A BROTHERS. rjIHK GREATEST PLACE FOR CHEAP BARGAINS In Lancaster City Isut CHEAP JOHN'S VARIETY STORE, No. J East Kino Street, Where will bo found a large assortment oi DRY GOODS! CONSISTING UF HANDSOME DELAINES FOR FALL. NEAT ANI) DARK CALICOES FOR FALL, MUSLINS, CH ECKH, FLANNELS, CANTON FLANNELS, A splendid assortment] ol BALMORAL SKIRTS for the Fall, CLOCKS, JEWELRY, PHOTOGRAPH FRAMES AND ALBUMS, TABLE AND POCKET CUTLERY NOTIONH, OLOVKH, HOSIERY, TRIMMINGS UK ALL KINDS, PERFUMERY, FANCY AND OTIIEKHOAPB, OLAHH AND t|UBKNHWA!tB, ROOTS AND UHOEH&c., S'C. All of which will bo suld wholesale or rotall at iiHtontNhlnßly low prices. ft* Don't forgot tho place, CHEAP JOIIN'H, No. :i East King tit., and Southeast Side Centre tiqucire, Lancaster Po. Bar Also, Wholosulo and Retail Agent for Prof. McEntyre’s Colobrated Medicines, aug 15 lyw 32 1866 DK Y GOOI>N WENTZ BROTHERS 11KK H I V E HTOII 1< No, 5 E> at Kino Stbkkt. A BEAUTIFUL DEMONSTRATION PRICES ARE DECIDEDLY REASONABLE. Wo have now on exhibition a most suporb display of reasonable and fashionable goods as well as a largo stock of Htaplo and Doraostlo Goods, to which wo Invito Early and Bpooial Attention. Our prices will bo found low. CARPETHandtHLCLOTIIH claim an earnest attention. Tho long established character of tho “BEE HIVE STORE" 1h n Hulllclont Kuuranteo that every cuntomor will «et the worth of their money, LA DIEB HA( JtilJKfl, CLOAKS AND CLOTHS, WENTZ lUIOTHERH Hljjn of the Doo Hive, No. G Kaat King etreot. apr li'» tfw IMj pijgfriJattMM. Notice;.— a general meeting of HtockholdorH of tho Morrill und Rubio Oil Companion will bo hold at tho Uotnpanlw* *. 011100, January JOih. IW7. at » o.olook A. M., „ when und wfioro Directors will bo elootod to:JT nervo for the onatiinff your. dp. RKUBKN H. LONO, Hoc. Morris Oil Co. '• for Heo. Rublo'Oll Co, f o ' lo dec 6 >tw FAR.MHKN' MUTUAL INSURANCE COM 4 to PANY.— I The Members of the Farmer***!? Mutual Insurance Company of Lancaster coun««Y. ty, are hereby notlflod that an election of Five at Directors and Six Appraisers to conduet the*?» alhifrH of the said Company for the eusuingOO" year, will be hol-t at the Exchango Hotel In the . city of Lancaster, ON SATURDAY, DECEM- v Br.R 20th, A. D., 1800, between the hours of 11 T and 3 o’clock. T By order of the Board of Directors. j| JOHN HTROHM, Beorotary. , 3tW« L TT J. OOBTBTIKNf VKitall A N T TAILOR % Wo. 40 North Queen Htuekt, t (Three Doors South of Urangeißtreot.) t LANCASTER, PA., * Keeps constantly ou hand a variety oflm* \ portod Cloths, Caulmoree, Veetlngs, do., 1 of the latest and most fashionable pat* 1 torn*. Also, a large variety of Gen* men's Furnishing Goode. sr&ji Quality of Outtomer Work Promptfu AUendid 2b, sop 21 (Jrndaw* HATINETTS, TICKINGS, <Jco] 1866.
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