CLONING THK DKItATK. HERD'S GREAT SPEECH DEFENDING THE DEMOCRATIC PLATFORM. AN EFFORT WIIIOII DROUGHT OUT CONTIN UOUS AI-lU.AI.SK FROM CONSKKVATIVK MKMMKRH—NO SURRENDER NOW OK L lIKKKAFTFR —THE ISSUE CI.BAR LV DEFINED AND THE CONTEST OPENED. The follow ing is the speech of Hon. Frunk 11. Hurd, in the House, on Friday, June 27, in auswer to Mr. Garfield : MR CHAIRMAN: A session of unusual excitement appear* to be drawing to a close. Question* of tlie greatest inter est to Hie people of tbe United State* have been from the first day until now the subject of discussion, and it seems a proper thing at it* termination to in quire into the result of it, and inquire whether or not the action of the majori ty of this House meets with the appro val of the American people. My colleague from i 'liio (Mr. Garfield), who has just taken his seat, has seen (it, in answer to the positions winch have been maintained by the Democratic party in the progress of the argument, to enter upon a disquisition us to the nature of the Federal government and the relations of the states to that Gov ernment under the Constitution which they created. Never, in all my studies of the political history of this country, never in all my knowledge of the po litical debates which have taken place in the Congress of the United Ntatii. have 1 heard such views ol consolidation advanced as iiuve been suggested to-day by that gentleman. lie advanced the extraordinary pro position that the Union preceded the slates, when the 7th article of tbe Con stitution declares: "The ratification of the conventions of nine Slates shall be Hutticient for the establishment of this Constitution between the States so rati fying the same." [Applause on the Democratic side of the House.) Rut in order thai ail doutil might be removed U|Kin the subject, that the Constitution and the Union was the creature ot the States, it wa* declared in the tenth amendment of the < -insti tution : "That the (towers not delegated to the United Stales by the Constitu tion, nor prohibited by it to the States, are reserved to the Stales respectively, or to tho poot-le." Nor is the opinion of the highest ju dicial tribunal in this country wanting upon this proposition, in the case of laine County vs. Oregon, the following is the decision of Chief Justice Chase, to be found on page T• of 7th Wallace -. "The people of the United States con stitute one nation, under one government, and tliis government within the scope ot the powers with which it i< invested, i su preme. On tbe other hand, the fieoplq of each State compose a State, having its own government, and endowed with all the function# essential to separate mid Inde pendent existence. The States disunited might c nlinun to exist Without the State* in union there could lOJ no such po litical body a# tho United States." Rut. Mr. Chairui.trfT for the purposes of the present discussion it i# not neces sary to enter into an elaliorate conid pration of the doctrine* of states right* or the power of the Federal Govern ment. It i* sufficient for the bill now under consideration that we should in quire a* to whether it is within the scope and the jKiwers of the Federal Government to (HUM law# to interfere with elections in the tates. and only so far a* this question is involved do 1 pro jxwo to discus* the doctrine of slate# rights at all. At the beginning of this session of C-ongres* the Democratic party declared three proposition*: We insisted that the army should tie kept away from the (Kills; that the test oath should be re flated, and that Uw* should be enact ed for the impartial drawing of juror* ; and that the Federal Government should not exercise authority over elec tion* held within the state*. We insisted and maintained, that lie cause of, and by virtue of the Constitu tional provision, that the House of Representatives alone shall originate money bills; that the representatives of the people had a right to insist that the grievances of which they complain ed should fie remedied before appropri ation* *hould be made for the support of the Government. in the discussion, which ha* continu ed for three months, one of the most earnest and able that ha* ever occurred in an American Congress, the Demo cratic party has maintained these prop ositions. It is not necessary to enter ioto the detail* of the argument: it is sufficient for my purpose to briefly re capitulate them. We said that the measures to which we objected were unconstitutional ; we said that there was no *uch person as a voter of the United Slate# a* such ; that every man who had a right to vole, had it because of State authority and under State laws, and that, therefore, the Fed eral Government, not creating the voter, had no power to interfere with him in the exercise of hi* right* of franchise. We inai*ted that under the laws a* they now stand there is no such a thing a* a National election; that under the provisions of the Constitution, in order that there should be a National election, it wa* fundamental that Congre** nbould fix the place*, times and manner of holding such elections. In that event there might he a National election, but that is not this case; for in every in stance the times, places and manner of holding elections sre fixed by the con stitution and the law* of tho Stales, ex cept in a single instance a* to the time. Tbe States having exercised power upon the subject there is no occasion for the exercise of power by the United State*; and to say that the United State* and each State at the same time possess the power of fixing tho time, place and manner of holding elections, is to say that two sovereignties (io*#ee* tho power to do tbe same thing at the samo time on the same subject matter, which is Itself an absurdity. Wo maintain as to the army lhat, it being a creature of (yOtigroM, it Hm no power to be within the limit* of the sovereign States ex cept as tbe Constitution of the United Slates provides, and then only for the purpose of suppressing domestic insur rection or repelling the armed enemies of the United Statee, end then only at tho request of the Legislature thereof or tho Kxecutive of tho State, if the Legislature he not in session. More than that. We have referred to the decision* of the Supreme court of the United Slate* approving uii these propositions and declaring tiiat tlio voter* were voter* of tho State, and that the Federal Government ha* noth ing to do with them. To these deci sion* gentlemen on the other aide, with one < r two exception*, have uliHolutely refrained in the debate from referring. In addition to that we urged the argu merit that the law* wo nought to repeal enabled the supervisor* to come- into the State and interfere with State elec tion* for the selection of Stale officer*, and we also referred to-the fact that in the State of New York ami other State* the greatest outrage* had been commit led by the arrc*t of citizen* without war rant by officer* who hud not seen them commit any offense against tho law*, and who, upon bare suspicion that an offense was intended, had arrested them. Wo showed from experience how, in the South, justice hud been made a farce; that jurors w re drawn in the interests of partisanship, and that cane* were decided in tho interest* of parti sanship, and that the courts had abso lutely failed fo administer justice to the people in that great section. We re ferred to the city ol New York, where, on an election day, more than S,(KM) American citixen* were imprisoned by the authority of supervisor* of elections, ami afterwards discharged by a judge of the United Slate* court, who decided that there was no authority to arrest, and that they hail been guilty ol no crime. More than that, we referred 111 our argument to the great doctrine of civil liberty, and maintained that the measure* we nought to repeal were in imical to freedom, un-American in spirit, and in the end would prove sub versive of free government. No more manly, no more dignified, no more logical debate, so far as the Democratic side of this House is con cerned, wo* ever conducted on this lioor ; but ill what way were our argu ments treated by gentlemen on the oth' er side of the house? With the excep tion of half a dozen speeches, the pre tended answers to our arguments might as well have been made on any other subject as upon the bill now before the House lor consideration. When we - ud that these measure* were violative of the I '.institution of the United States, Republican orators replied that on this side of the House the majority were Confederate brigadier*, wiio ti id attemp ted to overthrow the < '-institution of the United Slates. When we refered to the fact of the outrages committed on American citizens, they replied by cit ing the outrages committed at Ander * mville and other prisons in tho south during the war, ami when we urged that the power of the army should Is l o limited and qualified that it might not be used to overthrow the liberties of the people, they said your *i-i w is whipped by that army, and, therefore, you are opposed to it. Never in all my knowledge ha* a de bate been so honestly conducted a* this lias been tijon our side of the House; never have argument* been more un fairly met than have our argument* by gentlemen on the other stde. There are honorable exceptions, of course. It would fie invidious to name them, but I will venture to mention the names of two. snd I refer to the distinguished gentleman from Connecticut, Mr. Haw ley. snd the gentleman from New J-r sey, Mr. Kobeson. As the result of this debate, bill* have been passed and sunt to the President of the United Slates and have l>een vetoed. The veto pow er was designed by the Constitution as a power to prevent unconstitutional leg tslation, or hasty, or ill-considered leg ■station, or to enable the Kxecutive to protect itself against encroachments from other branches of the Government. I defy any gentleman to point mo to any argument in the deflate upon the adoption of the Constitution which did not give in favor of this provision one or the other of these reason* ; and in the history of this Government, from ! the day of its foundation until now, the ; veto jiower was never before exercised i to prevent the rejieal of a law, or to pre- ! vent the enactment of a general appro priation hill. Certainly, never before was the veto power exercised to prarti eally take away from one of the two house# of Congress a jwiw'er which it conferred upon it separately by the pro visions of the Constitution itself, the |K>wer to originate hills of revenue is a power which belong* to us, and it i* a jiower which, if the President interfere# with it a# he has done by this veto in this case, he can ah*olutcly take away from u. What reason* have fieen urged for ' these extraordinary vetoe* ? Chiefly that the hill* we sought to pass took away ftom the Kxecutive authority the jiower to enforce the law. Recatise we would not let him use the army on elec tion day to keep the peace at the jiolls, he said we took away from him the jiower to enforce the law*. Sir, the army is the creature of Con gress. The Cori*fitution declare* that the Congress may raise an army. The Constitution declare* that appropria tion* for the army shall not last longer than two years. The Constitution de clares that (Congre** may make rule* and regulation* for the government of the army : rules and regulations, "rule*" coming first, "regulation*" afterward*. Therefore the army is absolutely the 1 creature of Congress. Whether it shall ; be used to execute the law* or not is ! for Congre** to say and not for the Pre*- i ident. ! Applause on the Democratic side.] He must take the army as we give it to him, for the purposes which | we declare it *hall lie used for, woheing the (Kiwer to create it. Strange to say, the President and his j advisers, and the gentlemen on the other side of the House, seem to have lost sight of the constitutional provision which gives the President the jiower to execute the laws. The language of that instrument i* (hat the President of the United States may call upon the militia of the several State* to execute the law*. There is the power given to him for the execution of the Uw*; not the army, unless Congress says so, hut the militia of the States, because the Constitution so provide*. Never for an instant did our bills in terfere with the power of the President over the militi* of the States, but only over thin army, thin creature of our*. Tim President loot the militiii of tlm State*, from one end of the United State* to the other, to aid him in exe cuting the law* on election day or at any other time, at the |>OIIH or any where else. What i* the result now after the vo toe*? Homo gentlemen have *aid that the Democratic party iia* hacked down, lihh Niirrendered. Sir, when we entered upon tin* tight we did not expect to gain the victory in u day. When power ha* lor twenty year* heen en trenching behind all possible legisla tion, we cannot dislodge it in a moment. We entered upon thin context knowing that many a battle mu*t tie fought, many u victory be gained, before the ultimate triumph could lie achieved. In the Forty-fifth <'ongrew we mud to the President, your army—our army, I mean—our uimy ahull not be u*ed a* a poue comilalus. In the Forty-six Oongre** we have said our army shall not housed a* a part of the police force. And be fore the Forty-sixth Congress shall have closed its terra, I say to gentlemen that we will have taken from the statute book every law which proposes to use this creature of ours at the polls to in timidate American citizens in the exer cise of their highest prerogative. lOreat applause on the Democratic side. | I would have gentlemen on the other side and the country remember that there ha* been no surrender of theprin eiple with which we began tins contest. We claim that the representative* of the people, ly virtue ot their power to originate appropriation bill*, can secure redress of their grievances by stopping the supplies for the support ol the Government, either of the ['resident or any other branch of the Government, unless our views on the subject* to which the appropriation* relate are car rieil out. I say to gentlemen on the other side snd to ih country, that no long as the Democratic parly i* in a majority in this House, it will never surrender that grand healthful power winch more than any other ma le Kn gland a Ire.- nation, and which was put into our Constitution in order that the legislative authority might have a whole some method of controlling executive power. Mr. Chairman. th*- extia session has made up the issue between the two parties. The Democratic party declare that the army shall be kept from the poll*; that the juries shall be tmpnrti ally drawn: that the test oath shall be repeab-d, and that the Federal author ity shall not interfere m elections with in the State*. rpon that question the Republican party takes iue with n. Confidently appeilingot.lv to the pa triotism ol the country, the Demo, lattc party goes into tin* contest. Never, in all the history of this land, have more important <]t|.-*tions I submitted :o the American people for tlx ir determi nation. They relate to the pur.- admin istration of justice: they concern the gt.ive-t question* of const tut; 1..11 law . they ntb-ct tl>- fundtmentnl j rincij leg of civil liberty. Kerry nun who runs for any office in any State, and every citizen who goes to the ).olls to .It p.eit his ballot, is inter, sit .I. The whole method of ascertaining'he popular will in the Republic is involved in the iue. S • far reaching are these principles that, it ii|-<>n thi* isue the R'-juf.finn party shall be successful, then all the power over elections in states wonM be drawn to the eentral Government. The Slate* would lose their place* in the federative system, and whether the army 'hall l-o used at the polls or not would he a question not ol right and of constitu tional law, but of Kiectitive discretion. Such a result means the end of the Re. public and the uplifting of the empire. Can there he any doubt as to a contr.v versy like this ? In Russia, where abso lute otism silence* individual opin ion, it might la? doubtful. In Germany, whs-re imperial power sustains itself by an immense standing army, it might he doubtful. In France, where the people under monarch* and emperors for aces have slumbered, it might be doubtful. Rut here in free America, with the tra ditions of our English ancestors, and with the sacrifice* and triumph* of our American for.dather* in behalf of civil liberty, it cannot be doubtful. J Ap plause.) Shall civil lil>crty perish upon its own threshold and by its own fire side? Shall the la-aeon light which ho* shone from our shores for the encour agement of struggling freemen every where flicker in it* socket and go out even a* tbev are gaxing upon it ? Shall the sun of free government in this con tinent, ere it reaches the meridian, sink into night? Shall the shadow and the cloud ol the army darken our free fields, and free rivers, and free lakes, and free prairies, and joillute the sir *0 that a freeman cannot breathe it? The century of triumph just ended protests : the bright pros|*>eU of our future pro test; the hopes of the world protest; and, what is practieally of more value, the I>emoeratie party, with its majority of half a million of American |*oplc, protest*. Gentlemen, the contest will soon be gin. Aye, it ha* already begun, I near the whispering of American in quiry. I hear the mutierings of Anglo- Saxon reaolve. I hear the tread of the legions forming, with the Itanner of civil liberty above them. The contest ha* already begun, ami God give victory to freedom and the right! | l/otid ap plause. J Lost (lutrlie ROOM. Christian K. Rosa has written a letter to a lady in Charleston, S. C., in relation to hia lost boy, the AV.cz ,I*,/ Courier printing the letter entire. Mr. Rons says that hia wife ia now very much prostrated. Ilia last trip to North Caro lina " seems to have disappointed her more than any for a long time, or possi bly it was the Inst feather add.-d to the previous burden that prostrated her. It seem* she built great hoi.es of a favorable result from it; why, 1 rannot say, as I told her before leaving that I regarded it a* only a possible ehanbe; hut on my return, after telling her the result, she manifested more disappoint ment than I had notieed in a long time and soon took to her bed with nervous prostration. I may a*y here that the newspaper report of uiy object in going to North Carolina U not correct. I did not go to see a child there, hut to in vestigate a matter remotely connected in the place to which I went. The matter is still undergoing investigation and I cannot toll what may be the final result." THE LIGHTNING ROI> DISPENSER. A r.\KM lIAM. All. lIY Wll.l. . AKI.KTON. If lII* .irl.t Is Willi.,*, |S * lulls v.,el I/, say. Of * ll*liliiliiK-ru.l <11j,..,-r ilist il.u| m himzxuinioii It-mi. Nri wrinkle li*l hit tw(niMif, •ml lit* liuffi fl whit**, Aii'l in* tir-w nijatrii' t**| neck tie wea an iuU'fwtlnK •iKht; Which | aim*rat w|ah liia nu*f liiml in*!*- rw| that hit"*kiiiiiM| thruet, Ati'l th* tiw- HI a! railed n- kti*' Itiul i M tflflMl ill M f*thW h*j. of .1-I*l . hrn I Anil 111) own u|'iuiona at thla |*tm-u i-unf gain. ll' had •• ti thr • it aw 111*' {ilctera, though liol quite a** • l-ar ami plain. fhir |e. It tire mm iliftrr'-nt, an I at flta! h gallr-l ar.l wlrn 1, Hut I nig'ad hllti to aMc, he mu yit; arott conrihrMl And 'taaa getting toward the middle Id. eaing alrmnit £••'*•1 * t. ugh to eat . Then he nr. I u|> on the mrrtic-wof our (treat l.t*rnal A'riend, And ga-• (In (gord Almighty a g<< I firat•* )* lartiiu* mend , And 1- i fr.ll an hour • li*t< nd to (lie • igafa -.at**) Talklr. lik- all' *o| • 4i ', <-ttfi like a —l|laatx*| tramp. My wife, alia Itk si t), at ranger, aunhng "fi loin Wanu and ivri-t It a1 *\ • flatten tm n, wlarn their gu an en th eAt J And h hint I tfiat • me |*di • uer |.ae -ari) • har uk. At"! km , her lit eat l*al-y. arid r'Ci"vl ft in tJa art.i* e--t Ht.-I d a Ugh (era like-.| him, t -f fie had ||u;ri*> lie H- an. Am! rh'*'d if*- q-11 f fanry, art I ga* 4on Ih< ft*-*t lie* , And 1 oiitd'i t help hut like him , m I fear I -aJaw The g . f tuy xii d> trin*-*. In a frllua Imp -f iluit. If. p fl| r. b4lm ImhtlM thr 'a | t t . f gp| U jaa, ! Mh n he |ii's !, ami i-*-.i*J up u ua with a tai ii. hia off eye. j An l *at I, i, !•.;.j.y family '—your himainga io*ka V . *al| t . mi(4*l th' "*r Vli"* tliat 111 hp|'ii*f day* A wife at •*• • t %a th * . a lale r%a t-ngi.t an I fair . % lift; ,iii Willi r.n, -U, ttk. that ne over tb- ra t dhi| ;c| them 1 o hiindiy m> mw with kar w- r. dim ' < -I t ■ t, th* > to lit* own h'art, and fi rw I w rahin llim Hot h-'l Ir -t negte. t>l tiie fnrittt within li.r wa), I t th lu. ht • fri• In 1• * >g, a*-* lirm ai" t#s-i%y. *•• hi, I t 11,1 . * ,0 a Utnfeat, the thti.der-j*-i!a Tl- r 'I • tint lfirn| -l fcls o ua, f •h'jotzt'g I* ta of Af* , In my .ru b-ue, I. Ijin;. • fldnking, to my hlarne, | II . -tia I .1 g u . aa.iat thoa hafU tM ftama Wlidi. 'a*h t <.i. r f and c-ni i; ll. ii.l) llghtwiug 1 iail. And killed uiy i|< ai.-l hildren. ahd only I alt to |) a mo Ii |rt f t J** I atgri* t it. whit* tnr fam 1m all gj-j*r-M a'- i* \i 1 dtof p<-| Vm u|> with gewgawa, an I Ikry Ies4 i Vm d Wtr With w iroa Thay trimmed >rn and they wired 'em, lal they trim ati'l Wlrad em Hill, And re) preHua minute kept a running up the Mil, My w.ftj*he goewt a we- ki rig, did 1 rate and ruali and run . lie Wa* *u|qdi'g with a might**, JtHt a thtee mile further on. " Ik' ft/H think,** I fhrrel) ibrnlel, "that I want a mile •' air*. j To aa* rah acparat* hay ork out o* ltfii *e n •utnin' Are* tki p.q think t krejt my I uildio'* aafe from a-me underlain harm. I m go*n' to il*i ycd, would sustain a popu lation of twelve millions. It* surface, though for the most part very slightly undulating and covered with dense forest*, is finely diversified. A moun tain range run* through its whole length near the center, the highest ele vations, naked and hare, being eight thousand feet above the sea. It has numerous rivers well stocked with fish, and m:uiy beautiful ami fertile valleys. One of it* cascade* is rcmarkahlo tor beauty, lu hillsides and defiles are clothed with a variety of hard wood tree of the evergreen sjrecies, of which the more valuable nre the mahogany — which grows to n hugh sixe—toe lig num vitrc and (he ebony. The palm, "queen of ihe Co ban forest*," with its deep green plumage; the giant-leaved and prolific hnnnna ami plant tin, re semhiing tall Indian com; the cocoa, with its weeping foliage, and the "prim orange" an; abundant. Two hundred sorts of birds nre native to tho island. Pine marble is found in the nxaintains, and there are valuable mines of cop per. Coffbe ha* Ireen ealtivabrsl on the lower hill slope* with sucocsw, and its production could be largely extended. The Cuban tobacco has peculiar value, aud is sought for the world v ver * ihc J Americans alone being purchasers of over two milliou dollars' worth of ci gars frotn there every year. Cuba's principal crop, however, is sugar, ! which amounts in value to over om hundred million dollars it year. H r udvantage in its production over Iu -i.-iana, tor example, is that in Cuba there is a space of four or five months, when all the mechanical work must Is: , done, between the time when enongh cane is rija.- to justify starting the mills ami the time when the cane Iw-gins to spoil; whereas in Isjuisiaiut this period is only alroiit two months. Though some of Cuba's coast lands are subject to overflow, she is uncommonly well supplied with fine harbors. Of her cities, Havana, the capital, has a pop ulation of two hundred and thirty-five thousand, Santiago tie ( hi Hit forty thou sand, and Muutuuza* thirty-seven thou sand. The sumptuous marble man - si<'ii* of ii* capital, with their lofty porticoes and long colonnades, indicate something of its tropical wealth and luxury. lis catis and restaurants art said to he hut little inferior to thow.- of I'aris. - - Remarkable Masonic Incident. The first Masonic fuuchd that ever oceured ir (California L'>ojk place in the year IH4R, and w;i* |-rlotjjied over the Isslyol'a brother found drowned ill , the bay of Sun Francisco. An account of the ceremonies states that cm the body of the deceased was found a sil ver innrk of a rnit-ou, ujsm which were ! engraved the initials. A little further j investigation revealed to the beholder the most singular exhibition of ru.'isoit ic emhlcms that was ever drawn by the ingenuity of man upon the human skin. There i- nothing in the history of tradition- of Freemasonry equal to it. Ih-autitiill)' drawn on In* left arm, in red and blue ink, which time could not efface, appeared ail the emblems of the entire apprenticeship. They were the holy llihlc, the square ami the coin pa-.-, the twenty-lour inch g u age ami common gavel. There f W r' at 1 the >| asottic pavement, rcp ! rc-cnting the ground fl I which -ur r.'Utel- it, ami tin- blazing star in the centre, t>n hi* right aim, and artisti cally executed in the same indelible ' Infold, Were the etiihletii- |s rtainiug to tin- i.-liow > rult degree, \ i/.: the s-)Uare, ; the level and the plumb. Tlx re were live columns n-prcM-ntiug tl.< five orders of architecture —the tus< ati, do ui., ionic, corinthiuti, cotuposite. In r< moving the garimuits from his Isslv the trowt i jire-cnt'-d itjwli wttii all tlx otiu r liszis of oj" rative Masonry. Ovr his In-art was the |*>t of im < n*.. On the oth r |>arl of his body was the j lw-e hive, the ls>k of constitutions, i guarded hv the Tyler's sword; th< | -word pointing to the uaktsl heart, the i All-s.s-iug eve, the anchor aud ark, the i hour gla--, t he m vtlie, the forty-seventh i problem of Kuclid, the sun, moon, stars i and comets, the thre< stepsernbletnaU ' a sjxs taelc such a* Ma-ons never saw before, and in nil probabili ty such a* the fraternity will never witness again, the brother'* name was knowo. Hi hold the king. Fgi tb Virflnlk (Km ) Clltiiflk. He loved her as hia own soul, and i he railed on last Sunday at her resi- I deuce on south li stre*>t to put a $2-">0 engagement ring ou her finger. "( an we sail down the stream of Time, pet, in the same Iroat?" "Yes, George, down to the shoreless sea of etcruitv.aml beyond in the mys tic spirit-lami our souls shall still en twine, and Oh, my, there he goes now!" and the young girl,tearingher aelf from George's arms, rushed to the window and looked out longingly for oeveral minutes. "What's the attraction *" n.kod the young man, somewhat annoyed. "He's just too sweet for anything," j niuritiure*l the maiden too much ab sorlwsf to hear George'* voice. Then lie got up and looked out, and saw the end man of the minstrid troupe pass ing along on the other side of the street, and fully understanding the situation he calmly sat down and waited for the show to ]>ass. ■ - ■ - - ♦ —- OtJT of three dozen samples of wall pa|wr examined by a l/indon chemist scarcely half a dozen were found to lie free from arsenic. The presence of |M>ison was not confined to the green na|ier. The Jighl blues and sombre browns were among the worst s|wxd inens. Ooixißrn men object to riding in smoking ears iu Tennessee after |*y ing first-class fare. They don't care for the money, but the smoke is bad i| for their complexion*. Hew la* Jain in Pennsylvania. A ww revenue bill wa* pasted by tin- late legislature of lViinsylviwia, ami hecnme a law by the signature of (Governor Hoyt. The bill make* a g make lull and a urate returns to the auditor, under a heavy jsnulty for neglect. Coal corn panic- arc taxed three cents jwr ton on every ton mined this year; one cent |n*r ton on all mined next voir, and after that this *]>ecial tax shall cease. Private hanker- and brokers and unmcor|sirated companies ami insti tutions are required to pay an income tax of tiiree wr cent, on annual net earning*. The tax law aitccifically -■ t - a|iart tic revenue derived from certaiu source-. aligning some to sink ing fund purjs>-s, and sotue to the payment of ordinary current expense* of the government. Tlte auditor general, the trca-urt r, or Uieir de-ig nated agents are authorized to cxam ine the book- and accounts of any corjsirat.' n. Delinquent tax< are ordered to pay interest at the rate of 1 j rent. P r annum, and no cor poration can Ire dia-olvcd by the de cree of any court in the State until the tax<* due to the States hav i<-i n fully paid. Foreign corporations, ex cept foreign insurance companies, -ball not be allowed to have a place of busincK- in tbc State without a license from tbc auditor general, ami the fee for the annual concession of tbi li cense i- to be one-fourth of a mill on each dollar of capita! stock, which the company is antnorizxsl to have, but tbi* is uot to apply to companies the, majority of the capital stock of which |i* owned within the State, or which invest or use their capital in the Com monwealth. Mortgage*, Promissory note*, bills, bonds, judgrucuts, articb* j of agreement, account* bearing iuirr j est, shares of sDs-k, public Iwans, etc.. except United State loaus and alt other moiteyl capital in the band* of individuals in the State, arc made tax able for State purjKise* at the rate of 4 mills on the dollar, but are exempted from all other taxation ; and banks may pay, in lieu of the above, a tax I of six-tenths of one per cent., on the par value of their shares, thus secur ing the exemption of shares, capital and profits froru any other taxation. This new tax law, which goes into ef fect immediately, is pronounced by ex |*rts to be so complicated that no one can calculate the probable revenuo which will likely bo collected under it, 1 Mortgage. In the whole range of sacred and 1 profaue literature. perha|ts there i* nothing recorded which has such stay ing qualities as a good, healthy mort gage. A mortgage can be depended |Hn to stick closer thaw a brother. It has n mission to pevform which Dov er lets up. Day after day It is right ' there, nor docs the slightest tendency to slumber impair its vigor in the night. Night and day, on the Kahltath, and holiday times, without a momenta time for rest or recreation. the bitiug offspring of its existence, interest, goua on. The seasons may change, day* run into weeks, weeks into month*, and months may be -wallowed up into the gray man of advancing years, but the mortgage stands up in sleepier vigilance, with the interest, a perennial stream, ceaselessly running on. I.iko a huge night mare eating out of the i restless slttmherer, the unpaid mort gage rears up its gaunt front in jor- JH tual torment to the miserable wight who is held in its pit Acs* clutch. It hold* the poor victim with the relent* j leas grasp of a giant; not one hour of recreation, not a moment's evasion of ita hideous presence. A genial snv ago of modifying *pe< t while the in terest is |*aii; a very devil of lrop* leas destruction when the ]tnynicnta fail. lI A MI TIMKS always affect the loaf er who will not work. He borrows with greater difficulty.