EVENING BULLETIN. Thursday, January 10, 1808. , TUE UNION PACIFIC RAILROAD. The fact that the work on the Omaha route of the ,Union Pacific Railroad is being vigor ously prosecuted during the winter months, evinces a marvellous degree of energy and enterprise on the part of its managers. The road, which now extends, 0 miles west ef, Omaha, has reached a point in Dakota within ten miles of the summit of the Black Rills, the spur of the Rocky-Mountains through and over which tho, Mad is to pass. Here the road meets extensive rock-cuttings and much of the heaviest work of the whole line. But although the wither at the North and West is unusually severe and might be supposed to present insuperable obstacles to all such open-air operations, the determine lien to press this great enterprise to -its completion is surmounting this and all other 41if3culties, and the work goes on as steadily and rapidly amid snow and ice and, frost as under the mildest climate of the sum mer months. With the completed portions of the Union Pacific from the East and of the Central Pacific from the West, it' is now con- ftdently expected that more than half the distance between Sacramento and the Mis souri will be traversed by rail, during the present year, and it is calculated that, at the present rate of progress, an unbroken line of communication between the two oceans will be in operation before the end of 1870. The aid which the Government is so wisely extending to these great railway lines is being expended most judiciously ` under very able management, and as each new section is-fin ished and accepted by the Commissioners, a constantly increasing local trade flows in upon it, adding largely to its resources and carrying the frontiers of civilization furlher westward. It .has come to be well understood by the ablestAmericari railroad men that the true sup- port and profit of a road are in ita..l9cal trade and travel, and not in the business done directly between its termini. And this prin ciple is fully exemplified in the case of the Union Pacific Railroad. As its local trade keeps pace with its advance westward, every fresh expenditure produces fresh receipts and profits, and as its outlay is thoroughly secured by the Government subsidy, it offers the same relative, advantages to the capitalist iu its unfinished condition that it will when com pleted. Every twenty miles of its length will very soon take care of itself, and it is to this fact that the large investments in the' securities•of the road are to be attributed. The great national importance of the enter prise-is the sufficient warrant for the sub- stantialaid which tho Government is afford- ing to,it, while the rapid progress made and the large_ results- already.... attaina make .-it most attractive to those who are seeking safe and,profitable investments fur their funds. SHE•OFFICIAL FEE SYSTEM. Mr.:Bull, of this city, has introduced a bill in the State Legislature, which is designed to break up the official fee system which has been the,prelific source of great corruption, and which has operated to produce the most absurd inequalities in the amount of compen sation received by the incumbents of public offices. The BULLETIN has already strongly urged the justice and propriety of such a re form as is contemplated by this bill; but we think that some of its details might be amended with great advantage. The salaries which Mr Bull proposes to give the officills who are now paid by fees are as follows: Sheriff District Attorney Clerk of Quarter Sessions. Prothcnotary of District Court Prothonotary of Common Pleas Clerk of Orphaus' Court lieemder 01 Deeds Eugistir of Wain :Receiver of Taxes City Treasurer It is difficult to understand why the Sheriff, whanced not necessarily be an educated man of anyaxtraordinary capacity, intellectually or as a business man, should receive a salary double that t paid to the District Attorney, who is, or shonkl,he, a first-rate lawyer, in full practice. It is also difficult to understand why the Clerk .of ,the Quarter Sessions should receive a less salary than the Prothonotary of the Conduit* Common Pleas, or why the Pro thonotuy of the District Court should receive fifty per oerrt. more •compensation than his brother official of the Common Pleas. There also seemil.to be too great a disparity between the salarie,s.of the Itegister of Wills and the - Recorder olf Deeds. The question of clerk hire would ;perhaps explain away these appa rent inequalities. But there 'is one feature of the bill that should be amended. it requires that foes shall continue..to .be paid .as at present by citizens who Ltavehusiness with the respec tive offices, awl that after the salaries of the incumbents have been paid out of these in.oneys, the.renastinder'shallte paid into the_ State Treasury t Why the State at large should enjOy these rich gleanings is incom prehensible. The ireect are paid by the cid xens.of Philadelphia and the city is entitled to all the aggregate advantages result ing from their pail - merit. The proposition to pay them Into the State Trea sury • _has simply the effect of levying upon Abe people of the city a new tax of which the citizens .e.tl the interior bear nn portion; cerile they enjoy a Cull share of its advantages. It would be scarcely more un just to l'eflUile that the money should be paid into the trees:try of the United States. The treasury .of the city needs all possible acces sions of means to meet the heavy drains that are incessantly ennde upon it, and the people of the city who.xlready have to pay so large a proportion .of:tit.e revenue of the State, will not be content if this new plan of enrich ing the cOuntry:at the expense of the city, should become law. Hr. Bull .shoulcl amend hie Lill without delay. r. COIALECVPIE,- &AEU 110. By,dsily telegrams from Washington, our readers Nil) observe that a determined effort is being Anode by the oppo,itien members of Congress from this State, to prevail upon the President torionove the piLlieLit . GiiteCtOr of this Port. Wlaat the ,grounda tor his removal really are has notyet. trAuspireri,•th.pig . , i l 0 , of the despatches states the tom plaint 'to be. "111214141 But it is presualtql that there is some other reaso the Democracy axe not opt about efficiency, provided tin the appointments. When, -- ;he It, it 3viip named for the post, understood to be a compromise between the Senate and Mr. Johnson, though the Copperheads boasted Very loudly--tliat they had hoodwinked the Republicans, and that the Colonel would "rinfthe machine" to suit them. In this they hive been disappointed, for the Collector has a mind of his own, and though he is from the country,appears to bndispesed to do his own thinking. For this the Fourth Ward crowd, beaded by Messrs. Randall, McMullen, and others, have taken umbrage, and hence the desire to have him removed. to far as we can learn, the merchants of Philo delphia have made no complaints, and they certainly, are more interested than Messrs. Randall, Glosabrenner & Co., who have, probably, never entered a Custom House ex cept to ask the appointment of some political friend to a position of good pay and little work. The Senate should look with suspicion upon any change, unless some very good rea son is assigned. SOFTENING OF THE BRILIN. The venerable National Intelligeneer has reached that advanced age when none will be surprised, however they may regret, to see that care and mental over-work have done their fatal work upon it, and that sof tening of the brain, that sure precursor of paralysis and death, has supervened. The poor old organ sits in its worm-eaten seat at the Executive fire-side, the very counterpart of dear old Grandfather Smallweed, hurling harmless missiles at his neighbors, and screaming - out, ---- "Brimstone-- - chatterer! Jade -of a magpie, jackdaw and poll-parrot ! Confounded fool ! old pig! Brimstone pig! Head of swine!" and other equally unmean ing phrases. When the venerable, Small weed becomes more than ordinarily excited, he rushes into double-leaded editorials, and yells for his altars and his fires, with a recklessness as to expense, and a disregard of the rules of rhetoric and the canons of moral ity, most painful to witness. Yesterday he had a dreadful attack, and would have been really dangerous if he had not, fortunately for himself and all around him, lost all power of active mischief. He howls to the "Freemen of the North" that their "chains are forged, and the bayonets, as it were, are sharpened.' He calls upon these unhappy individuals to "Behold, at your firesides, the apparition of the guard for a midnight arrest; in your places of w unship, the armed censor of your prayers; in your fields, at your work-tables, on the high roads, the snaky and skulking detec tive!" The "snaky and skulking detective" concealed in a work-table, after the fashion of Alaelzel's automaton, was too much for,Small weed, and he babbled off into the following unmeaning gibberish- "Listen! -You - may hear the drum, as it drops in at your startled ear, the palsy that thickens your yet free tongue." It is adreadful thing to have the tympanum of one's startled ear drop in, and to be com pelled to listen to the palsy thickening one's free tongue. But worse things still are seen in the prophetic vision of the excited old Smallweed. He beholds "your betrayers wrenching from the Genius of your freedom her inviolable sceptre." Which is like going through an impenetrable wall and conquering an invincible enemy. Smallweed gets crazier and crazier as be goes on and calls Congress dreadful names. He calls them a "few wretches, drunk upon irresponsible power, loathsome with guilt, hideous with blood,and msd with lust," and considers them a "de vilish combination of perfidy and greed." `Smallweed is vigorous. Smallweed says there is no time to be lost., and, like Joshua at Ajalon : he requests the sun not to go down "ere you have shaken the earth with your mighty tread." "About this time expect earth quakes," should be recorded at the Smithsonian Institute. Also hurricanes. For not only is the earth to be shaken badly, but the Freemen of the North are to "gather in every hamlet in the land, from Eastport to Astotia, and send up to Heaven the shout o their indignation." Why the hamlets of So noma, San Francisco, and others lying west of A. torte, are not to be allowed to unite in this immense shout, is not explained. Small weed naturally loses breath after this tremen dous effort and tumbles back into his chair, gasping out: "The winding-sheet of your freedom is woven and its coffin made. Shall it die and be buried ?". If Smallweed really asks for information, we reply that we ima gine not. $lO,OOO 5,000 3,500 6,0011 4,000 3,500 6,000 3,500 5,000 5,000 .THE STANTON CARE. The gold speculators managed to fill the air last evening with all manner of terrible stories, purporting to be telegrams from Wash ington, about the Stanton affair. Mr. John son had broken out. into a fit of rage at the proceedings of the Senate. He had enjoined all army officers to disregard the orders of the Secretary. of War. Be had ordered General Grant under arrest. Nay, it was not quite certain that the gallant General had not been already court-martialed and shot in front of the White House. That the gold men had got Grant in the stocks, 'there can be no doubt. The sensitive barometer of the gold room rushed up last night to 141, and obsti nately refused to recede below 1404, all on accou.nt of the terrible doings of angry Mr. Johnson. Meantime that amiable public functionary bad done nothing at all. General Grant was quietly smoking his pipe of peace in his own wigw Am. Secretary Stanton was being let alone with a severity unparalleled in the his tory of Andrew John Sou. In felt, there is no little difficulty in determining what there . is to do. The President has virtually accepted the Civil Tenure law and'acted' Under it, and the law has gone against him. Our Execu tive liftman would doubtless hang the bearded Mordecai of the War Office if he c:mld .but Mordecai sits quietly in the gate, and hlti only recognized sovereign; the People, has said to him through the voice of the Senate—" Thus stall it be done unto the man whom Um People delight.to honor:" Fernando W,,od, the princexit New York atd Fati , wal demagogues, made an exhibi tion in the Home of Representatives yester day, which shows how the example of Andrew Johnson has . become contaginus, and how he ciacouragen open and insolent 6trianee Pk' the ilighest deliberative body in THE DAILY EV the _land.During $ debate yesterday, this man Wood' spoke of the. Recon§truction act as a measure "the most infamous of the many infamous acts of this infainous Congress." If such language, had been uttered by a man with a fair private and public record,and was, the result of the conscientious convictions of him who uttered it,there might be some toleration and patience with it; but coming from Fernando Wood, ,notorious as he is for corruption and private and political wickedness even in that great nursery of corruption, New York, it is calculated to vex and anger the reader. If Fernando Wood was called upon to point out the men who made the present Congress infamous, he would select those who have always stood up most staunchly and bravely for the Union and the flag; and if he were required to name the acts which made the Congress infamous, he would point to all measures that were cal culated to disarm treason and foil traitors. It is scandalous that under the instigation of the example of a treacherous executive,this old paid ally of Jeff Davis, who is even too gross for the strong stomach of the New York democracy, should, from his place in the House of Representatives, insult the loyal sentiment of the country, and heap oppro brium upon Congress,because its loyal course has shamed his own treasonable counsels and practices. Very properly a vote of censure was passed upon this New York demagague. It would have been better,if it were possible, to have kicked him out of the body that, to the extent of his connection with it, certainly is infamous. The Penn Mutual Life Insurance Company publishes its annual statement in to-day's. BULLETIN, and it is deserving of notice. The Board of Trustees announces a Return Pre mium Dividend of fifty per cent. upon the premium made in 1867 on all policies in force December 31st, 1867 ; and they will receive the scrip certificates of 1861$ in settlement of premiums and premium notes. The whole statement shows excellent management, of which the names of the officers afford an am ple guarantee in the future. Valuable Market oireet Property at Sale.—M. Thomas Jr. Son's advertise, among other property, for their sale of January 28tb, the val uable store Nos. 1002 and 1004 Market street, to be sold by order of heirs. Full particulars in handbills,to be had at the auction room. e Bargains in Clothing. _ma ' • Cr' Bargains in Clothing. 1117" Barg aine •in Clothing. jrP Bargains in Cloth mg. -4411 rig - Bargains in Clothing. _ail [IV - Bargains in Clothing. I Ba gains in Mining. VW - Bargains in Clothing. _as Vir" Bargains in Clothing. _at . I Bargains in Clothing. _Rai 1V Raraaim in Clothing. _aci 'Bargains in Clothing.,, Birgaiiis in othing. Or - Bargains in °thing. _az .127" Bargains in °thing. rig - Bargains Oolhing. • IV" Bargains in Onthing. ' pir - Bargains in Clothing. _az Pr' Bargains in Clothing. . Or Bargains in Clothing. .403 4 4 Card. —Priers everything reduced mice the account of stock; the assortment of both Men's and Boys' Build and Overcoats MU very good. WANAMAKYR & BROWN, WANAMAKER & Brown, WANA_MARZU & BROWN. .W.ANANARICR Li BROWN, WANAAIIAICER & BROWN. , TIII: LARORST CLOTHING HOINGL, OAR HALL, LANK BOOKS AND COUNTIXG•IIOIISE AND NISCELLANEOUS STATIONERY, In great variety and of the beet quality, for sale at our Bcok aid Stationery. Rooms.. BLAINE. BOOKS MADE TO ORDER, In the hest style and at reasonable ratce. Vai ties demirlog full or partial sets of Blank Books made to order will be waited upon at their couuting-romus by persona competent to receive the necosmry instructions. upon edification heing sent to our e4.abilehment. Ad orders will be executed with p. oniptriep.i. J. B. LIPPINtio 1 T k CO Publishers . , Bookeellers, Importer a and Stationers, jalt-3tt 715 and 717 .MARKET Street. DOWNING'S AMERICAN LIQUID CEMENT F )R mending broken ornaments, and other articles of Glass, China, Ivory, Wood, .tiarble, ,ke. No heating re. (tared of the article to be mended, or the Cement. Al ways ready for use. For Bale by JOHN IL DOWNING, Stationer, fe7-tf 139 South Eighth street, two doors ab. Walnut. BUSINESS ROOMS TO LET, xWARITURTON'S IMPROVED. VENTILATED and eau-fitting Dreee Rate (Patented), in all the at". pnaved fashions of the seaeon. nlestaut street, next door to the Post-oftice. seI3II3TP TIIESE ARE SE SON ABLE.—SIIFIE I` ZINC FC R potting under Sieves. Larburet of Iron gives a supe rior and duiable'luctre to thorn; Patent kith Sifters, Coal Sieves, Pokers, Scuttles. Shovels, Door Syringe, f ts. For sale by TRUMAN & SHAW'S, No.-836 (Eight Thirty-fivo) Market street, below Ninth. SOAPSTONE - GR , DDLES ARE USED WITHOUT great°, and therefore do not till your house with au nuplesionnt env.ke. A variety of Mato of them and of the iron artielei, and Cake Paddles and Cake Pans, for sale by TRUMAN & SHAW. No. &35 (Eight Thirty-five) Mar. ketatreet,-below-Nlut h. VLEVEN INCH SNAIL MITTS FOR CAR AND 1.4 coach builders. For holing arrow and pin holes these have acquired a highest reputation For sale by TRU. MAN & SHAW. No. 805 Might Thirty-five) Market street. below Ninth, Philadelphia. • COME AND I , ME COMMON•HENHi9 FAMILY SEW ing Machines, 809 Arch street. Price $lB. Warranted five yearn. jals,4t,rp* quir, CENTIJIty AINANALJ.--SOMETHING NEW •JL ; _-under the sun. • Everybody wants one. Price 50 and cents. • jal63t,rp* BEY. SAMUEL. EDWARDS, A. M., WILL OPEN .1. &boot for Doye i at 1306 Dimond etreet, PhiladuL. pita, on MONDAY. retiruaiy 3, at 2 A M. A pplicatione received between 3 and 12 A. M. on and aft. r Monday, 2 fix nat. jalti 14t. 1111A.h LES W. RILEY, WILLIAM P. MoPUERSON kJ mid M AVM EW A. COWDEN have an interest in our buthicra from the la inat. JOD N ETON, IiOLLO WAY & COW DEN, Itutra,re., Jan. IF, H6B. 1.181A61..] 602. Arch at. lk ; EW BOOKS! NEW BOOKS! NEW BOOKS! FROM lIE YREC,S OF T. B. PETERSON & E No IlOti CHESTN UT STREET, PHILADELPHIA. THE WIDOW'S ' 4 ON. By Mro. Emma 0. E. N. South worth. anther of "rho Lent Ileireen." Complete in one -large duodecimo volume, bound in cloth, for $2 00; or in paper cover for $1 N. THE FAMILY SAVE-ALL. Supplying, excellent dhillek, for Brenta:int, Dinner and Ton, from Cold Frog. nettl e an well 31e pevera hundred New Receipt,, for cook ; ing and rrcpurlng pit ki du of Soupe, Finn, uy, torn, Ter. rapine, Lolutera, Moran,' onitry, finme, Tun Caken, lb a. halls, I'rererve,' l en, Puddinga, Deunert, Cake„, Pickles, Satmee, &e. Wit mincellaneoun receipts and inyoluable hint,, for econot yin every article of hoaoe. held me 13y author of - ThO National Cook Hook.” Thin in a hook a very family ohould own. Complete fr, 3)3133 blue duodecimo volume, Bound to cloth. Price T Dollarn. FiAItEM LIFE in Egypt and GonOtantinople. By Ent. nielint. Lott. lath GoVerticon to 'Go II tho Grand PIG ha hrohinl, roll of Ilia Illghnona 1,31111)1LO roy of Egypt. Price till r.O In twer; or, tßll in cloth. CITY IN TIM Ohl'IlANIS' #!OUit'r F.'olt. TUI CITY AN Counts of Uhiladelnbia. Rotate of JOIIN LUKENS, deceneed The Auditor appointed by the Coot tto 4.lldit, 2 etile, end ad.iert the account of HENRY E. KEENE ntlinlniett r tif;burito ?zoo, with the v‘,lll annexed, of the eetilte rf 411. iIN LUKE% 1 4 . late of the City of Philadel phia, t•cesred. and the final account of s RAH ix. HI .N 0 KEENE, doceneed. who WM ad ollub.tratrlx ith the ill e unexed of the ertate . of JWIN hi IKENH. tht eet.r,, ,i. tiled 1.), EPLEN K 1 tNE gtli Aoki Nur \ll I r, Exrentl ix of the paid eareh Ihkenr }Cecile, and to Junk. dietributl,w, will ettend to the dude+ of him an nointtnent MONt'A Y, the Sala d of January, A. 1)., 113.i8. et II o'elotk A. 111._. et hb!thstine, No. 971 tdouth - kifth street, to the City of .Pb jO/3EPi.i tiLAY, A.hdltor. Jo,ltl th 0 to /St ; r 41114161 . _ TILE CORN Wit Olr SLUM AND MARKET BTh. AT NM CHESTNUT STREET APPLY TO THEODORE 11. MoCALLA, IN THE HAT STORE deWthp9 Bend for our Mammoth Deeeriptive Catalogue. Addreee carp orders, retail or edioledide to Books pent, poetago paid, on rrneipt of retail price. ALL NEW BOOKS Alai PETERSONB'... jald2t • - EXTRA. FIFTH EDITION. LATEST CABLE NEWS. The Be-arrest of the Fenian Deasy. LATEST FROM WASHINGTON. SECRETARY STANTON AT WORK He Communicates with the Senate. THE MARYLAND SENATORSHIP By the Atlantic Cable. Loriamr, Jan. 16.—There is much excitement in this city, to-day, caused by the announcement that the Fenian Deasey who, with Kelly, was rescued from the custody of the pollee at Man chester, some weeks since, had been recaptured. The police yesterday afternoon overhauled a man near Waterford, Ireland, who answers com pletely to the description of Deasy. Other strong circumstances in the case warrant the belief that the authorities are not mistaken. The prisoner under a strong guard started for Manchester to-day, where ho will be confronted with the fellow prisoners of Deasy for recogni tion. The government officials are very active and vigilant, and yesterday afternoon, at Glasgow, arrested two Americans 'named Barrett and O'Neill. Papers wore found on their persons indicating,- beyond doubt, that they belong to the American wing of the Fenian organization. The motion recently made in the Court of Queen's Bench, for a change of place of trial of the Fenian. Burke, Casey, Shaw and Mnllasy, from Warwick.. to London, is likely to be grouted. Secretary Stanton at "Work. (15peciel licepatch to tho rbEndelphla Evening Bulletin.] Matters have assumed a very quiet aspect in the case of Secretary Stanton to-day. It was telegraphed from here last night that Generals Grant and Sherman had waited upon Mr. Stan ton and urged him to tender his resignation, but there is good authority for saying this story is incorrect, for it is well known that Gen. Sher man and Mr. Stanton are rot on speaking terms. A prominent Radical Senator, who called upon Mr. Stanton this morning, states that the latter expressed himself very firmly as being master of the situation, and that he did not intend to send In his resignation. However much ho personally objected to remaining in the office, he could not Ignore the advice of those who had returned him to such office, and as they desired him to remain, he should do so at all hazards. Mr. Stanton stated that he did not believe that the President would go so far as to order army officers not to recognize him. The President seems to be in a much better mood to-day, and those about him say that he will not resorttortny extreme measure to oust Mr. Stanton, but await patiently approaching events. (Correspondence of the Associated Press.] WASHINGTON, Jan. 16.—Secretary of War Stanton to-day sent a communication to the Senate, in compliance with a resolution of April last, giving a list of 'volunteer officers now in the service of the Government. This is the first document he has sent to the Senate since his re instatement in office. FERNANDO WOOD'S SMIRCH. Fernando Wood Is engaged in writing out the speech which he would have delivered yesterday but for the prevention by the 'House, in conse quence of offensive language on his part. Ile says ho intends to discuss the present and future of the country and givp the document a wide circulation. • The 'Minister to Austria. [Special Despatch to the Philadelphia Evening Bulletin ) WAI4IIINGTON, 16.—:A careful canvass of the Berate leaves no doubt but that the nomina tion of " Sunset" Cox, as Minister to Austria, will be n•jected when it becomes before that body. Of the seven members who compose the Com mittee on Foreign Relations, to which the nomi nation was referred, It is ascertained that at least live of them are in favor of reporting adversely to his nomination. Protection to American Citizens. (Special Dutra, ch to the Philadelphia Evening Bulletin.] WAsimoroN, January 16th. The House Committee on Foreign Relations held a meeting to-day, and discussed the bill looking towards affording some protection to American citizens abroad, but without coming to any conclusion. The Marylan BALTIAIOIIE, Jan. 16. In the Legislature to-il follows: First Ballot.. Swnnn 44 Hamilton 40 Pratt . 19 Scattering. ....... 7 The Legislature the morrow. Robbery of a Bank. NEW YORK, Jan. 16.—The National Bank of the Republic was yesterday robbed of 81'6,000 in United States and Missouri State bonds, while the clerk having them in charge had his back turned. X. 111411 Congress—Second Session. aioutm— Continued from Fourth Edition. For his partite was determined when the demon of outraged constituencies came stalking into the halt; to be idle to say :"Shskg not thy gory looks at me. Thou can et not say I did it [Laughter.] on (Iowa) said he wan not' ;nitrated to advo cate any step. 'Mous scheme of public plunder, and yet he who in favor of the bill. lie denied that it ...ens to Inure to the benefit of the Illinois Central Fa broad, but to the Sioux d Company. It did not take any land from the public domain, for this was already granted, but siinp to cateed the time rOthlts which the railroad was to de comple ed Air. Price (Iowa) creko for five minutes in support of the hill. Chafrmnn of the Committee on Pub. lie Lends, s and that the bill had been reported unani mously, and t bat the Committee on Public Lands was quite LS innocent of any of public nlauder as even the Gent] t num from note himself (Wasliburue.).. , „ lie was quite all pitied to hear the statements made th et gentleman hut be recollected that that gentleman talk• d its well on one vide as ottitheiother, and that be brought to brae about the same amount of patriotic fervor on evtry . questit u t hat relieln the House. into/feting on all or' Ilkw an with nil legislative propocitions. Wm-I:buret —duct so. (Laughter.) r. .11:11:m concluded by saving 'hat he thought it duo co nmu•h by 1,1 ay of compliment to the gentleman from :Illinois. Idr. hburne—"Just so." I accept the compliment, Mr. Wrrliburnor _ ...cept tno fLarghter.) l'elera (Ne.) miggeated that the itafeat conroe for the linen won to follow the unaniinoue report of the cru - natter, 1 artitnilarly ax all the facts Rated by the (tenth -1).t) (ro !Wrote ba ben fl contracted. N r o w eloped the dt d acuee,iona replying to the argu niont et Mr. Warliburne, and teipporting the bill. Mr. Witaillalrne I ill.) moved to lay the bill nu the table. which woe negatiYed. The bill mita then pinned. • CITY BULLETIN. ALLEOED WIFE SHOOMo.—Rodman Graham was arrested by the Second District Police, this afternoon; at No. 827 Fitzwater street, upon the charge of having shot his wife. Mrs, Graham is wounded in the head. She was taken to the Hospital, and is believed' to be in a dangerous Condition. The affair happened about half-past twelve o'clock, this afternoon. JAcon .4.1.1.1:11110ER, of the well-known house of J. F. AlMerger 4', Co., died this morning of paral sis. This Om furnished an immense quan tity of beef, pork, etc. - , to oar armies during the rebellion. 4.:00 O'Clook. Senatorship. Two ballots were taken ay for U. S. Senator, as Second Ballot. Swann 42 Pratt 16 Scattering..._.,.. : .. 3 adjourned until to- TWENTIETH ANNUAL REPORT • OF THE PENN 1011CJirlEJA.T_A LIFE INSURANCE COMPANY PHILADELPHIA, Office, No. 921 Chestnut Street. PIALIBIIIII IN CO/OBER VITII 1118 CONK Receipts for the year ending Dee. 31, 1867. Premium received 18477,034 03 Intorcet on investments, Policy fece, c. .............. ........ 137,84 2i 8615454 87 Loses and Expend Hares Daring the Lune Period. Losses on 43 lives amounting t 0... 1",480 CO Expecses, Salaries, Advertising, Stamps, Medical Examinations, etc 2O ElO 28 Bent and 'Taxes—City, State and National. ...... . . ....... ....... 7,644 12 Commissions to ........ Licenses. A dverblang, etc 48,478 24 Premiums returned and Policies oancelled . . .... . 3,221 11 Interest on Stocks and Loans, Bought, etc 919 28 201= 01 Surplus 8419,121 86 Accurnulatcd Capital, December SI, 1E66. . . 1,69:1,574 11 Deduct Merin received in reduction of Premiums and Payment of Notes ........ .............. ....... 104,050 00 1,560.634 11 Accumulated Capital, December ........ ........... louts of the Company Liable for Loma. Lahr.• $ 102,000 00 0:5 - per stint 10-40 • Loan $162,000 00 320,000 00 U. 8. 6 per cent. 6-20 . 321,575 CO 75,000 00 U. S. 6 per cent. Iteile tered Loan 1681 79,987 60 10000 00 Pennsylvania 6 per cent. War Loan 10,225 00 100,000 00 Philadelphia 6 per \ cent. Loan, free 153,001 13 6.600 00 Philadelphia 6 per cent. Loan, taxed.... 6.176 00 6,700 00 Philadelphia 5 per et. Loan. taxed, short 5,318 00 10,000 00 Pittsburgh 6 per cent. Coupon {ords... 8,32.5 00 26,000 00 Allegheny' County 6 per cent. Bonds.-- 1.9,156 00 12,K0 00 Allegheny County 5 _per cent. Bonds 9,000 00 10,0(0 00 Washington County 6 • per cent. 80nd5...... 7,5 X. 00 21,000 00 J'enneylvaniallailroad 6 per cent. let mort. gage Bonds 20,920 00 17,0o4) 00 Penneylvanialtailread 6 per cent.BonitialB7l. 17,000 00 52,000 00 Lehigh Coal and Nevi. gallon 6 per cent. Loan... ... . . . 10450 00 10,000 00 liarrieburg Itahruad 6 • percent. lioude 10,70000 10,000 00 Louisville City 6 per cent. 80nd5.... 7,141 40 900 Shares Pennsylvania Railroad Stock.. ... 41,443 71 200 kibarsa Lehigh Coal and Navigation Co. Stock...,. . . .... ... 13,317 36 500 Shares Northern Cen tral Railroad Stock.. B,BZ 00 212 Shales Girard Life In. Purance, Annuity and Trust Co ........ 5,076 36 100 Shares Western Na tional Bank Stock... 6,802 60 21.9 Shan a Commercial National Bank Stock. 11,0158576 Shares North America • National Bank Stock. 10,118 00 100 Shares idanu.facturera , National Bank Stock. 2,764 00 60 Shares Girard Na tional Band Stock... 2,000 00 19 Shares Farmers' ani Mechanics' National - Hank Stock 1,9E0 00 425 Shares Corn Ex change National Bank. 5t0ck....... , .21,250 00 60 Shares Mcchnnica' • Bank of St. Louis Stock .......... 4,950 60 $926,4139 Cr 2EO Shares Delaware Mutual Safety Insurance Stock. .......... ... 6,250 ix) 437,402 54 Bonds and Mortgagee, alltirst liens . , . ........ ... 496,703 54 e 95 77Ground . Route.... ......... ........... 12,765 V. Real Estate. Buildings of the Company 74,529 19 Premien) Notes secured by P01itie5..........322,405 61 Loans on Cent:ten:de 5 9'9 99 Balances in hands of Agent, , , 3,312 10 (partelly Payments due C0mp.u3y23.e26 63 Office Furniture ...... . . .......... ........ 2 4T61 23 Scrip Dividends purchased ... Company.... 96,666 70 Cash on hand min in Bank ,2,160 28 Life Interest.- 35 Interest on s.:teeks and I.oom accrued to De. neuter 31, 1607. 1',2 4 .197 64 DedllCt IOtYtY., &e.i not yd. due' 3110 ker. Value, a:,o;•1,;;543-J) At an election held at the Men of the Coacipoo. on Monday, Jammu 6th. It4S the followhat named gentle men were thorcn Truett:ea for three 5 care:— ,sA MI:EL 1114. Y. TilKopillLus PAULDING, 'DMUND A. IiOUDER, SAMUEL E. t.TOKES, DENRY C. ToWNSEND, • J lIOMAS W. DAVIS, Jt.,SEPII M. P. PRICE. SAAIUEL A. BISPHAM, JuIIN A. NEEDLES, halt. At a meeting of the Board of 'hurter., held on the 14th, inquot. t heOflietlfi were elected.— .1A lin Eti '1 lin QUA I it, Pr. rident. SAM t!t- L E. STOKES. Mire Preeidont. JOHN W. tIORNOIt, A. V. P. aud Actuary. IJOSATIO F. STEPUESS, Secr..tarv. . . - - - The Board dean] ed a Return Premftein Dividend in Scrip of FIFTY PER CEN I. upon the Premium paid in 1867 on all Policies in forcn December gl, 1867, and decided to receive the Scrip Certificates of 1066 in settlement of premiuma and premium note'. as the premiums mature. TRUBTEEB: Rodelphun Rent,loccpli U. Trotter, Hanalei J. t Inictian. , ' William 11. Kern J 'IMES D. Peace,.finnes Boston. Wainer M. Racin, Edward M. Needles, leredet lc A. Hoyt, Iganniel C. Finely. Christian J. Hoffman. Theophilua Paulding. Clunks 'Watson. Edmund A.'fiouner. Ellwood Johnson, ;Sanibel E. Otokee. John 0. Repplier, henry C. TOWIIEIII34, John U. Weiner, .11unntui W.-Davie, Benin:nth Coates, 'Joseph M. P. Price, Richard B. Nen bold, 'Samuel A. [Raphael, Jame:. B. McFarland. John A. Netalloc, Balt, William P. Hacker, FOLICIT,III, 'HENRY C. TOWNSEND. MEDIOAL EXAMINERS, EDWARD HAT TSIIOIiNE, M • D.. No. 1439 Walnut et,. I.D‘VAED A. PAGE, M. I)., No 1415 Walnut street. In attendance at the Office of the Company from 1 to 2 P. M. daily. JAMES TRAQUAIR. Precident, SAMUEL E eTOKES, Vice Prealdent. Joirm W. Dolmen, A. V. P. and Actuary. dlionATio S. t377.rucum, Secretary. r- (--- I,EWIS LADOFIUS i C 5 7--- -1 DIAMOND DEALERS & JEWELERS. WATCHES, JEWELRY AI.SILYELL WARE. WATOIIEB and JEWELRY REPAIRED.A 802 Chestnut St., Philo. Would invite the attention of purchasers to their large gtock. of GENTS' AND LADIES' c s - Just .reeeived,of the thick European makers:lndependent f)norte.r,Hi:vend, and Belt winding; in Gold and bilver Covet - Alen, American Watched of ell rize.i, Wainoud Seto, Plum, Simla, Hinge dm Coral:UM:white, Garnet and Etniectot potr, iu groat variety. Solid Silveru are or all bade, including a large Resort. wont suitable for Bridal Preeente.. THE SAFE DEPOSIT CO., For Nate Kcepiai of Valuables, Scorol. tits, etc., and Uenting of safes. . „ Diin:Mors. N. B. Browne,l .1. 01111nrbaut Pell, Ale x . H en ry. C. Clorke, - C. Macs Jester, -t9. A. Caldwell. Jelin . E. W. Clark, 1 11. oFFICE, NO. 424 4_ isEsTNuT S t'RJiET. C. 11, CLARK, Vice President, N. B. BROWNE, Prosident.l Sec and Treasurer, PATTER'3 MONEY TO ANY AMOUNT LOANED UPON IrN. DIAMONDS, WATCHES, JEWELRY. PLATE, eCLOTIIIN(3. dze , at ' JONES dr, CO.'S OLD ESTABLISHED LOAN OFFICE, Corner of Third and Gaskillstrooto, Below Lornbard, N. E..—DIAM J ONDS, WATODES, JEWEL W, GUNK, Au, FOE BALD AT REMARKABLY LOW' PRICYff. (211ARER MEET CORN-25 BARRELH JUhr RIC- O ceived aid for nolo by JO6Ella B. BUMIEIt & Ca, 1 08 South Delaware avenue. : UNION PACIFIC RAILROAD, Running West from Omaha ACROSS THE CONTINENT, ARE NOW COMPLETED, THE TRACK BE/NG LAID AND TRAINS RUNNING Within Ten Miles of the Summit OF THE ROCKY 1110IIR TAINS. The remaining ten tulles will ho finished as soon as th weather permits the road•hed to be sufficiently packed to receive the rails. The work continues to ho pushed for. ward in the rock cuttings on the western slope with un abated energy, and a much larger force will be employed during the current year than ever before. The prospect that the vrholo GRAND LINE TO THE PACIFIC Will be Completed in 1870, was never better. The means so far provided for eon. structiou have proved ample, and there is uo lack of funds for the most vigorous prosecution of the enterprise. These means are divided into four classes: 82,001,645 97 1.-UNITED STATES BONDS, laving tblrty.yeare to tun. and bearing six per eent cur: rency interest, at the rate of $16,000 per mile ter 517 miles cn the Plaine; then at the rate of MVO per mile for 1.6111 miles through the Rocky Monataine; then at the rate of s32,rto per mile for the remaining distance. for which the United Slates tare a /acorn! lien an security. The in• tercet on there Bondi is paid by the United Stare govern. t h et a, which abo pay* the Company one.balf the amount of its bills in money for fret:ter:offing Be freight, troops, mails, &c. The remaining half of these blue is placed t o the Company's credit, end tonne a sinking fund which may finally discharge the whole amount of tbis lien. 2.-FIRST MORTGAGE BONDS. By its charter the Company is permitted to bane ita omt Firer Mortgage Bonds to the eamo amount as the bonds !retied by the Government. and no more, and only as road vrocrentiee. The Truateed for the Bondholders are the lion. E. D. Morgan, C. S. Senator from New York,anif the lion. Oakes Ames, Member of the C. S. noose of Representatives, who are respomible for the delivery of title Bonds to the Company in accordance with the terms of the law. 3.-THE LAND GRANT. The Union Pacific Railroad Company hae a land grant or abrolute donation from the Government of 12.1100 acres to the mile on the line of the road,w filch will not be worth km than 81 CO per acre, et the loweet valuation. 4.-THE CAPITAL STOCK. The authorized capital of the Union Pacific Railroad ocamanytu tgli8,(0.1.000, whiety fiii.lnter.Cl - have been paid on the work already done. The Means Sufficient to Build the Road. Contracts for the entire work of building 914 miles of first.e.lass railroad west from Omaha. Vomprizing much of the most difficult mountain work, and embracing. every expense except surveying. have been made with responsible parties (who hare already finished over 640 miles),. the average rato of rixty-eight thousand az& fifty-eight dollars (6u5 Mt) per mile. Tide price li:tends:a all necessary chops for construction and repairs of care. Gerd!, stations, and all other incidental building., and' also locomotives, passenger, baggage and freight cars,anti other co/Write rolling flock, to an amount that shall not be- loss than V'„000 per mile. Allowing the coat of the re maining ono hundred and eighty-pig of the eleven ham dred miles assumed to be built by the Union Pacific Com pany to he per mile, The Total Cost of Eleven Hundred 'Allies will bo as follows: *2,016 345 1 , 7 14,700 CO t 44 miler, at ....... ........ 1 , 6 tail,. at 41 ,, u t. 1,0 Add dircoutta on bowie, turveya, ttc AA the Ulf led Stater Ihmdm nre equal to money, and the Ccmpeny'r n Fiat. Sloilgage Honda have a ready market, we hall; an the Availablo Cash resources for Build- ing Eleven Hundred Miles. t 4 mud,. . na2s3,Mo Firnt Mortgage Honda .... ...... , ... .•. .. Cal Hal :Hock Vllid in on ihe work now done.... 9,600.001 Lacd Giant. 140:0,000 acres, at *1 LO per acre.. 21,120,000 The Companybare ample facilitiee for 'applying any deficiency that may arleo in means for conetruction. Title may be dune wholly or #1 'Art by additional rub 'caption to capital keels. EARNINGS OF THE COMPANY. At preaent, the profits of the Company are derived only from its local traffic. but this le already much more than sufficient to pay the intereet on all the Bongs the Company can issue. U not another mile were built. It it not doubted that when the road is completed the through traffic of the only line connecting the Atlantic and Pact. fie Btateo will be large beyond precedent,and as there will be no competition, it can always be done at profitable rated. It will he noticed that the Union Pacific Railroad ie, Id fact, a Goverment Work, built under the supervialon of Government officers, and to a large extent with Go- vernmeut money, and that its beards are issued under Government directiols. It Is believed that no similar security le eo carefully guarded, and certainly no other I* based upon a larger or more valuable ProPertY. An the Company's FIRST MORTGAGE BONDS ere offered for the present at PO CENTS ON TIIE DOl.. LAD, they aro the cheapest eeenrity in the market, being more than II per cent. lower than United Stator Stodge. They pay SIX - PER CENT. IN GOLD, Or over I , ;INE PER CENT. upon the investmedi, and hove thirty yearn to ron before matority. Subecriptionst will be received in Tblindelphin by DE ILA VEN & 131t0TD.E 1 1, No. 40 S. Third street. 'sl/51. VAINTER & CO., No. 06 S. 'Third etreot, J. 1 4 . LLIVARS & CO , 29 S. Third etreet. S3lllll, EANDOLI'II & CO., 16 South Third Ftreet. In Wilmington. Del, by R. R. ROIHMON do CO. JOHN MuLEAR Zr. SON AEA in New York at the Com rany'e Office, No. )O Nelms bu . ect and by CONT)NONTAL NATIONAL BANK, N 0.7 NaZiElin Otto CI Rif, DI )I. I GE & C0., - Ilankers, No. 61 Wall st. JOAN J. CISCO &SON, Emakors, No. 83 Wallet And by the Company's advertised Agents throughout the united States. IlOmittances should bo made in drafts or other funda par in Now York, and the bonds will haunt free of charge by return express. Parties subscribing through local agents, will look to them for their safe der. livery. A NEW FAMPLILET AND MAP, showlag the pre greee of the Work, Ecoonrcee for Construction., and Valve of Bolds, may be obtained at the Company's Warm or of Its advertierd Ageute, or will bo cent free oil application. ja.mary Bth, IEOI, )1418rth d tit ;t4 540 MILES OF THE JOHN J 1 CISCO, Treasurer, VEW YOWL v 62 3C5 ,Cl 3 . 15,740.000 . 4,5%,000 tin 445,012 VB, 6,0 SECOND EDITION. BY TELEGRAPH. Jl3 - 1 7 CUES C Ala 1 4 1 E - FIRE AT JOHNSTOWN, N. Y. Marine Intelligence By the Cuba Cable. HAVANA, Jan. 15.—Exchange on London, 12%; em Paris, a. 4 discount; on United States currency, short eight, 283 029 discount; long sight, 27;4. No. 12 now yellow centrifugal sugar, 7% reals. The weather Is stormy, and it is raining hard. Fire at Johnotown, N. Y. Fomm, N. Y., Jan. 16. Another dre oc curred at Johnstown • last evening, which de stroyed the Johnson House and a house and barn attached. Five• horses perished in the tunes. The Court House took Are several times, but was saved. The fire originated in the, barn, and was the work of an Incendiary. =Burnie Intelligence. FORTRESS liformor:, Jan. 16.—The steamer Saxon, from St. Thomas, which putinto Norfolk short of coal, sailed this morning for New York. Also, gunboat Saeo, for the West Indies. THE COI7RTS. .IPAXtI3CONS. Reply of the Judges to Governor Geary. An Explanation of the Remission of Sentences. This morning, in the Quarter Sessions, all the Judges were present, and the Grand Jury being mot for, Judge Allison addressed them as fol lows: Genthreun of the Grand Jury—We have re quested you to come into Court this morning, for the purpose of saying to you, and through you to the public, a few words in relation to a portion of the annual message of the Governor of this Commonwealth, which in our judgment, requires a reply from us. I refer to that portion of the message, wh;-h treats of the reconsidera tion and modification of sentences ofi persons convicted in this Court of oflenecs against the laws of the State. after the expiration of the term at which sentences MA been imposed. We take no exception to the question being rnis td in a pror‘er way,as to the rightful exerche of a power which for a-long aeries of vears, reach ing back beyond the judicial ttrm 0 . 1 either of the judges of this Court now In commission, has been recognized and practiced under. The proper exercise of this power is supported by tile highest considerations of justice and hm; inanity, and without which we do not hesitate to soy that in a court of such extensive criminal ju risdietion,oppressed It is with the never-ceasing weight attending the administration of the crimi nal law in Its 'varied apulication to a population of over seven hundred thousand souls, hat that law can not be properly carried out, unless it be done st.tbe-expense of that justices and humanity which should always characterize the perform ance of the highest and sternest functions of gov- erntnent, and without which the lan becomes an opr,rcsaion and a wrong. That which we except to is the manner in - which the GoVernor sought to Mk :meddle with a eciMlinate department of the government of the State, which has the highest authority for the exercise of its powers] and for the perform ance of its dative. which exists by the will of the people, as embattled in the Constitution of the /State. The Governor of Pennsylvania can claim no superior authority for his acts, as the head of the Executive power of the Commonwealth, over that by which the Jukes hold their °dice, and by which they perform the dunes whi:•h belong to it. The Constitution, whieb, by its Second Article, Section First, creatc s a Supreme executive power, by itirction First of Article Fifth declares ,that the Judicial power of the Commouwe,ilth shall be voted in the Courts therein r :oned,aniong which are the Courts of Oyer and Terminer, and Clim atal Jail Delivery and Qtetrter Sessions of the Ikate. This apartment of the Civernmeni, in the performance of it duties, Is in nowise ac- couatable to the Exe:nitive Dep.irtineut, and is in no respect tubondiunte to it. P. is wholly Mac penelemt of Executive control; while, ot: the con trary, the Governor is bitstF4-11"Illgjcet to its al thority,raKl required to pay respect:m(l obedituß%t to itt , decrees. It was, thirefore, ne unseemly as It was mi . 64'; btentite it is a usurpation of authority for the Goverlior, in his message to the Le4islatiarm to trraiten the Judges of this. Court for the per format:Cc of their judicial acts, as though he was either authorized so to do or competent, to form a correct legal jadgment upon the question of the power of this Court to reconsider a sentence after the expiration of tha term at which it, was imposed—both of which propositions we deny. We feel that we have additiotial, cause of com plaint in the fact that the Governor has mistated the case aste knew it to exist, in that he omitted all mention of that which was most material; that Upon which the whole question hinges, and • without which it IS not pre tended, nor has it ever been claimed, that the power to reduce a sentence after term could be exercised. That which the Governor does not state, although, fully advised of its existence, 119 the fact that' ecery ease in which sentence was recinisidered; a rule to Auto — .cause - seas - entered - at - the Yerr<rnnd that the - ques lion being left open and undetermined, was car ried over, to be finally disposed of at a subse quent day. The Supreme Court exercises the power, by legislative authority, of altering and re-imposing sentences upon cases taken up on certiorari, or writ oferror, after the Intervention of more than ono term. In one case the question is kept open .bywrit, and in the other by a rule to reconsider. Upon the right to carry a case over itre term by the entering of such a rule the power denied by the -Governor to the Court depends; upon this, and upon this alone, it rests its vindication, and of this -fact the Governor had the fullest Information. In a com munication addressed to the Attorney-General by sue Clerk of the Court, December 17th, 1867, is conipliunee with a request made by that officer at the instance of the Governor, he says, speak ing of the cases about which information from the records.was desired : "I find that rules to reconsider the sentence of the defendants named in the.kforegoiug letter were duly entered by the Judges Milo tried them within the terns in which they were tried respectively, and that subse quently the sentences were reduced and the de fendants-discharged." Having this Information in his possession long before his message was sent to the Legisla ture, it was wanting in candor to the Judges whose action in Mils irregular way was ,brought in question; it: wits wanting in fairness to the Lecislaturo, to which he professed to give infor mation, to withhold.a statement so essential to a full and satiefa4tory.understanding of the subject .of which he.protessed to treat, because it was ,not only keeping. ruck a fact that ought to have !been made kurtwo r but Ms fact most material of ail others to the oaf:lsidore tion of the question mooted in this part a .his eunual meesuge. We }ems front this aspect .of the case, as it stands upon the action of the Governor, to that which is of ,more importance, narualy, the foundation for the exercise of this power as we believe it to exist ha the Court. No eve questions the right of i#judge to make such mcelification or alteration v a t "a sentence, during tho term at which It Is Impatisd, as in his judgment the cireumstonces of the era so may re quire, restricted only by that maxinnau of pun ishment whith the law prescribes. But these terms of the Court are entirely witr ( the contro, l of the Legislature, reditaccd now V. Ails to one month. The terms are therefore subject to swinge time to time, and might as well he made to en;e mist of twelve months, as of 0110 mouth: in whici` event our power over th'e sentence would. with out the entering 91 a rule iO reconsider, cover nil.) of that period. of time. Or . the Legislature could extend the time for reconsideration of a sen tence to such limit as In their judgment would be right and proper. It Is clear that no principle that in itself is an essential element of right, or wrong is involved In the reconsideration of ti sentence. It is purely a matter of legislative and judicial discretion. In our State there has been no express legislation on the subject. The exercise of the power has been allowed to stand on its common law right, which is still in force, except in so far as it has been modified, by a change of circumstances in our country as well as in, our people and their institutions. Time and the advance of civilization and Intel ligence are constantly at work, producing such changes. liany of the hardships and unreasona ble requirements which in past ages had become: incorporate in the the law, are being swept away by judicial decision, as well as by legislative en actment. Our own courts have declared obsolete, as relics of barbarism, the former custom of coercing verdict, by suffering inflicted on jurors, by compelling them to submit to cold and dark ness and hunger. So also do practices and rules become abrogated, when found not to be appli cable, or unreasonable, or without reason to sup port them. It becomes important, therefore, to search for the reason which led to the establishment of the rule in England that the record of causes must be made up at the term at which they are tried; which required the postea to be brought in by the last day of the term. And If the reason of the rule no longer exists, the rule itself is a dead letter. The courts in England, with some exception, are held by judges in circuit; this is true as to courts for the trial of both civil and criminal causes; the trials ended at one point on the cir cuit, they depart for the next place for holding a court. The record of CaWits , tried before the judges was all made up by them, and carried away with them when they left, and by statute of 9th Ewd. 3, ch. ti, they were required to mid all their records and processes, determined, that Is, completed—ended—to the Exche quer at Michaelmas , every year, where they were deposited for safe-keeping. These re cords were enrolled on parchment,and that is what is known as making up the roll of the cause, and _that came wascompleted e _vthea. : the .po.lte,i brought in, which is the return of the judge be fore whom a cause was tried, after a verdict of all that was done in the cause.—Jacobs, L. D. The necessity for all this, in so far at least as the Courts of Oyer and Terminer and General Jnil Delivery and Quarter Sessions of the Peace arc concerned, will at once appear when Rig called to mind that these courts, except when held by the 'Judges of the King's Bench, who were sovereign justices of the Court of Oyer and Terminer, with jurisdiction over all the realms of England, were held by Commissioners composed of judges and others, but v/ose commission expired with (he completion os . the circuit. Their special duty performed, their power and office were both at an end. It was for this reason that they were required to "Inquire, hear and ris e iyaies"—which means ter make an end to, to Sete tle ultimately, to leave nothhos i' to be done in the ceu-es tried before them. As expressive of this obligation imposed on the Judges, these courts, in the English statutes, are frequently called Courts of Oyer and Determiner. The power of the Commissioners or Justices of the Oyer and Terminer once ended, it was gone forever. unless a new commission should be issued to them to hold courts at subsequent terms, and upon a different circuit. For the circuits even were subject to constant change, being made up in vacation after Hilary and Trinity terms. Of necessity, therefore, the power of the judges over their official acts de parted beyond recall the moment their commis sions expired. They could no more go back to revise or correct that which had been done, than they:could go forward-and- perform , •other ,judi cial duty when out of commission. The reason of the requirement of the law that Judges should determine their causes, and to make return of all that they had done, is most apparent. Bnt how different from all this is the law and the necessary practice under it by the Judges in Pennsylvania'? With us the commis sions are in full force - for the- entire term of office. It I? a continuing power duringlevery moment of the period for which they are com missioned. Judges of the Common Pleas for the term for which they are commissioned are e..r egicio Judges of the Oyer and Terminer and Quarter Sessions of the Peace, and during all that time they may lawfully perform any act or discharge any duty which pertains to their offise. And as if to draw a broad line of distinction hetwes n the Commissioners of Oyer and Ter miner in Eugland, and the Judges sof the same Court in our State, the conetitation expressly forbids the issuing of any Commission of Oyer and Terminer and General Jail Delivery; thus avoiding altogether a temporary ars; ecan't:intly changing judiciary. At the same time It requires the Judges to reside in the dis trict or 'county for which they are elected their entire term, that they may have constant over sight :led supervision of their responsible °like Mid the duties avbieli belong to it. The reason of the rule therefore in our State is entirely- aviint:ng in its application to the admin istration of the criminal law. We are not re quired, and, in point of tact, never do, make up a pestsa before the end of the term, nor would it be possible to do so in auy ease in which there was a pending rule of any kind, whether it be a rule for new trial, or a motion in arrest of judgment, or to show cause why sentence should not be reconsidered. .Jacobs says: "The Court may stay the bringing in of the portea, and entering up the judgment on the verdict, if they find to do IL" This can only hold, however, where the power of the Court continues after the term at which a ver dict is rendered. But if this, under any circum stances, calf be done, why may not the entry of a final judgment be postponed when, by the action of the 'Court, it is made to appear on the record that something remains to be ac complished before that final judgment can be reached. Jambs also says, during the term wherein any judicial act is done the roll is alter- Ale -in that term as the Judges shall direct. Un der our Practice,as it prevailS every where,the rec ord is not and - can - not - be -- eonsldered where a rule to reconsider, to alter or to amend has been entered. It is not questioned that during a term, even even atter sentence, a rule to show cause may be granted or entered by the Court of their own motion. If that rule is not, or cannot be dis posed of during the term, how can the record be made up? It cannot be made to exhibit all that is _necessary and proper to be done, to make it complete, because an ob,Aruction remains in the way and prevents the entering of a final judg ment. The entering of a rule to show cause - during the term, which remains undecided, thereby car rying the cause over to the next term, does not in principle, and certainly not iu the results. differ from that which Is frequently done, impose sentence at a term after that at which the verdict was rendered. Verdicts are rendered on the last day of the term, and are fol lowed by motions for new trials and in arrest of judgment; or a trial begun In one term has gone over and been ended in the following term; this has occurred In our experience, even in capital cases. The terms of the Court are bridged over for the reason that the cause is not ended. The reason assigned why a record cannot be changed after term is, that it imports absolute v , t i y. lint this is no longer recognized as law with as except in a qualitied sense. Our pric dee Is to open, amend and set aside judgments - not only after, term, but after years, -go verned only by the facts and equity of the case. The rule was applied in England to prevent ulterations.of the records after enrol ment, but here they are never enrolled. If judg ments are thus under the control of the court, without reference to the term during which they are entered, a fortiori, the power exists, where, during the term, a rule to recon .sider bus. been entered of record, which E 0 far disturbed the judgment, as to render it in complete, and Faket to the future consideration of the court. Judge-Lowrie, in the' case of -Ste phens vs. Stephens, reported in a note to Healey, 1 vol. 864, speaks with great plainness upon this subject. He says: I cannot help thinking that the assertion so often made that no court can reverse or amend its own dual judgments, for errors of fact, or la* after the term at which they were entered, so far us Our practice is concerned, is little else than a hum tug; useful only to frighten ignoranco and rashness from meddling with matters too great for their com prehension. 'lf we mistake not, the Kupreme Court has more than Once, after soletnsu argument and judgment promulgated ordered, At a stubsequent THE DAILY EVENING BULLETIN.-PHILADELPHIA, THURSDAY, JANUARY 16, 1868. term of said Court a reargurcent. Can it be said that in a cause involving the life or liberty of a human bekg that tribunal may not exercise this power in their discretion, in a cause in which a fraud may have been perpetrated or a clear mistake has been made—or the im partial administration of justice requlrce the ex ercise of the power. Would it not shock the common sense of the profession, as well .as lay men, to deny, in this the middle of the nine teenth century, the inherent right of our Su preme tribunal to correct the judgment, either In a civil or criminal case. Surely, if a eourt can be clothed with the power to pronounce ajUdg ment, It ought to be trusted with the right to correct it should it be wrong. The rule of law as above defined, is with us of very general application, in all matters relating to civil issues triable in our Courts, and in crimi nal causes It holds where final judgment has not been entered, or where the cause has not been determined and finally disposed of. This is our judgment upon this question; upon it we have acted and and shall continue to act until the Supreme Court say that we are in error, and if they so decide we will cheerfully bow to that decision. They are the proper tribunal before which this question can be taken by the Oovernor,and we invite him to direct the Attor ney-General to ask the judgment of the Court upon it. If we are wrong in our apprehension of the law, we desire to be set right. If we are in error, it is an error that was sanctioned by our eminent predecessors, Judges King and Thomp son, and has been held and practiced under for many years by those who went before us. Whilst we believe ourselves possessed.of this power. we4will maintain and exercise it. It has never been used but for the correction of errors in our own judgment, or in relief of suffering, lessening punlshment,never to increase it;and we repeat, that unless we can.exercise this authority the criminal law in Philadelphia will, in many instances ) be the instrument of injustice and of inhumanity. Constituted as our Court is, our Work is constantly performed under pressure; often disposin of from fifteen to twenty-five cases in one day-our o former terms of two months ranging from two hundred and fifty to five hundred cases in a term. There is perhaps to be found nowhere the par allel to our Court lu any city in Christendom. And it Is Impossible to avoid frequently falling into_ error, often in• the. last. _hour_of the_last day of the term. Is there no remedy for this in the Judges of the Court? Must every defendant, however poor or helpless or inno cent in fact, be without relief, when unable to incur the expense incident to the employment of an agent or pardon broker to visit the Executive Chamber at Harrisburg. If such be the law, it calls for speedy correction at the hands of the Legislature. • Feeling satisfied that courts have the right to exercise the power of reconsideration of sen tences in cases in which rules to reconsider the same had been entered at the term at which sentence was imposed, we are ready to snake a case now, on which the GOvernor can instruct the Attorney-General to have the question speedily settled by the Su preme Court. At the last July session, held by Judge Peirce. Joseph Mallory and James Keating. pleaded guilty to the charge of larceny, and were sentenced to twelve months' imprisonment in the County Prison. At the term a rule was entered by my brother Peirce. which he has determined to make abso lute, so that the term of imprisonment shall ex pire on the first proximo. The Court now dis poses of the rule by ordering it to be made abso lute, so ,that the term of imprisonment will ex pire upon the first of February next. • Scent.:..Nze Courtr —Chief Justice Thompson and Justices Strong. Read, Agnew and Sharewood.— The list Is still Lf. fore the Court. Disruicz CounT—Judge Thayer. Hamilton vs. The Green and Coates Streets Passenger Rail way Company.—An action to recover damages for the loss of a leg. The plaintiff, a boy of abontl4 years of age, was injured in October ' 18G5, at the Dickerson street terminus, and ant. fered the amputation of a leg. The defence set up that the plaintiff, with other boys, was playing on the car, and while endea voring to get out of the way of the Conductor, when he made his appearance, he fell under the car. On trial. QUARTER SEssioNs—Judge Peirce. Willism Smedley was charged with keeping a disorderly house. A number of girls, ranging from 14 to 20, were called as witnesses, and they alleged that a female induced them to enter the house as servants, but then kept them prisoners for im proper purposes. It was alleged that Smedley was the proprietor. The girls said there was a chain on the door, and thus they were prevented from leaving. The case was not concluded. STATE OF THE THERMOMETER THIS DAY AT THE BULLETIN OFFICE. 10 A. M............ 34 deg. 12 M 37 deg. Weather clear. Wind Southwest. int. 100 City 69 new 10134 500 do 1)6 1013 4 1000 IN , Jeroey 11 GA 85 2200 ich Tag GrY '6?, 71 4900 Lehigh 6x'B4 8434 1(.0) Lehigh - 69 gold In 87 , 4 :000 do - do 873 4 1010 Soso Col Itds 6631 500 Ca&Aux 69 'B3 88% sh Medi Ilk' 4oh do . 31 20410 h Ileadß Its 46.66 136 ob do lots 4634; 100 oh do 4634 WO oh do 46 ErTW YE. $llOO City 6s new 101.. , i; 200 City 6s old 07 20 Al Spruce & Pine ssrrn 25 100 eh Read R e 6046 160 El do b 5 46.31 560 eh do Its 46.31 SEOOND moo W Jerseyß Gs 85 I 1000 Leh Gs 'B4 8434 1000 Cam &Am 68'89 c 9434 7000 Loh 6's Ggld In Its --due bill 88 20 eh Puma R 6234 6 eh do 623. Thursday, January H.—The political complications at Washington and consequent excitement in Gold are causing some little distrust, but money is easy "on call" at 0(46 per cent., and first-class mercantile paper is taken at' g 9 per cent. There war not much spirit at the stock board this morn. mg, and prices ruled rather irregularly. Government Loans we re weak, and closed a fraction lower. !Rate Loans were firm, at 103 bid for the first series; 104 for the second mica; 104?;' for the third series, and 103 for the War Loan. City Loans closed at 101.ki, for the new, and ir7 for the old issuer. The better clam of Railroad and Canal Bonds were more sought. Reading Railroad declined and closed at 46,1 i; Phila. deighla and Erie Railroad was higher, and closed at 29 regular; Pennsylvania Railroad gold at 5214—n0 chango; Camden and Amboy Railroad at 130—a decline of 1; and Lehigh Valley Railroad at decline of .1:,"; wee bid for Germantown Railroad; 30 for Little Balmy]. kill Railroad; 661 d for Mice 11111 Railroad; 2414 for Cats wit, a Railroad. and 43% for Northern Central Railroad. In Canal stocks there was more famine& Lehigh Navi gation Bold at 28')V—an advance, and Schuylkill Navigee lion, common, at 12 Bank and, Passenger Railway shares were nnehangod Tito Basra of 'rrueteee of the Penn Mtitual Life Ineur: once Company have declared a return premium dividend in scrip, of fifty per cent., upon the premiums paid lu Itt;7, on all potic ee in force December 31,t, 130 . 7, and de. daed to receive the scrip certiticates of 1866 in settlement of premiums and premium notes no the premifune =a line. 'I he Board of Directors of tho Philadelphia and Darby Mahood have declared a dividend of four (4) per cent clear of taxes, payable ou Smith lisudolph & Co.. Ils Yers,l6 South Third street, quote all o'clock as follows: aold, 140; Culled States Since, 1881, lB'J ; United States 11Tc-twenties, 1868, du. 1e64,106,?,,,0vi07 ; do. 1866, 108q01641 1 ;'; do. July, 1815, ; do. 1867. 10:0A106%; United States Fives, Ten-forties,' Ii '251i®1023.ii - United States Seven thirties, secund series, 108; 1 4@%: do.-third series, 105.4 t?) leb.%; Compounds, 1 ecember, 1864, 119,6 bid liesiirS. De Haven', Brother, No 40 South Third street, mike the following coalitions of the rates of exchange ti.-day, at IP. M.: U. S 6s, of 18131, 10 05d®109.4‘; do.. 1861, 10931"014 1 93,1; do., 1864 106?49t107; do., 1864 107,'1;91108%;; do., 1868, new, 100;.®106,7ii; no., 1867, new, 105:1,;@,184 7 4; FiVes. Ten - forties, 10 9 35Q , ;10:3U ; 7 3-10e,.Ittne, Itri%C?./I(6'Ul do.. July, 105; 1 4(4106S; Compound Interest Notes—Juuo, 1864, 19,40; July, 1864, 19.40; August, 1864, 19.49; October, 1864, 19.40; December. 1861, 19 401 - May, 1E65, 174 8 17,4 ; Augrst, 1865. 1111.A16.14'; September, 1865. 16?..11/hil Octo ber, 1865, 1636091 Mi; American Gold, 13f.t 7 4,@140.`i'; inCi'sllB3d. Jay Cook St Co.. quote Government securities, etc., to day, as follows: United litotes 6'., I 100,4@l1.19.1i; 01.1 6 , 101 1 m. .10.109?,40:1 0 09%; New 6-20 Bonds, 120$. 100:V4107; 6.2080xid5.1845,10771,®1085; 540 Bonds, JuIY,IO6SaIU6N ANCIAL and COMMERCIAL. a Honey Market. laila Stock Exchange. The Philadelphi SaJea at the Philade] 420 sh &Leo Canal scp 55 150 sh Sch Nay corn 12 100 eh Leh Navetk b6O 28X 100 eh do 860 23% 200 eh PhihtErieß b3O 30 1400 sh do 135vin its 29 100 8h do 860 23X 139 Pena R 52 X 1 eh do 52 sh CakAm R 130 109 N Y Middle 31-‘ 100 eh Big Mountain 4.V sh Lenigh Val R 504 21 eh do 50 s S sh Leh Vain 62,v, 24 sh Seh Nav titk 13 79 eb Cam Ai Arnß 130,V too sh Lit Sch R b6O 3i3 sh do e 5 3044 100 611 Big Mount WO 4.31 2 eh Leh Val R 50% 4 eh Read R 46% 136 eh do 4614 100 eh Lit Sch R 30.38 100 oh - - •do --- 1)60- 303 i 100 eh PhilaaErle e6O 2834 V2O ondr, 1867. 105;i , ®106 ; 10-40 Bond& 14.34(?)Rt1t;-7 840. J one, 105N'A105ji 3.10, July, 105940100" i; Gold/ 40 . , Philadelphia Produce Market. Pitmans - I.mm, Thursday, an. 10.—The movements in .Theadstuffs continue of an ,entlrely limited character and without any radical change in prices. There is some lit. tle export demand for Flour,and 400 barrels Extra Family, winter wheat, were taken on secret terms. About 500 barrels were taken for the supply of the home trade within the range of $7 25@$8 25 per barrel for superfine; $8 2509 25 for Extras; $lO 60®11 60 for North Western Extra Family; $lO 60@12 for Pennsylvania and Ohio do., do., and 1612 76@14 25 for fancy. Prices of Ryo Flour and Corn Meal remain e,e last quoted. The wheat market fa dull, and prices favor buyers Sales of 2,000 bushele good and prime Penna. Red at $2 501g52 64 per bushel. A entail sale of Rye at $1 65. Corn is lees active, but there is not much corning in, and no change from yesterday's quotations. Sales of 2,000 bushels new yellow at $1 15@$1 16, and Western mixed at $1 27. Oate aro in rather better request, and 2.500 bushels cold at 78c. No change in barley or malt.. in groceries and provisions the business is small, with out a change in prim. The hew York Money Market. [From to•day'e World.] Jsrs. 15.—The money re.arkat IA easy at 6 per cent, on call for stock collaterals, and 5 per cent. on governments. The blinks are discounting ft eely for their customers, and prime paper is wanted in the street-at Ito *I per cent. The foreign, exchange market is doll, and rates are morainal, as usual, after the closing of the packet. Prime banker's sixty-day sterling bills are quoted direct, 10935, and from second hands, 106% to 10934; and sight bills are: Prime, 110 and good bankers, against bonds, 109%. Prime francs on Paris, long, 6.1634 to 5.17. The gold market continues excited, and transactions are on the same scale of magnitude as yesterday, when the gross clearances were €151000,000. The opening price was 140%, and tinder the pressure of heavy sales it declined to 158%., closing 138% at 3 P. M. After the Board adjourned the market wits dull until the receipt of a telegram from W ashington that Mr. Seward was preparing apro. darn ation for the President to issue to-morra v, prohibit. ing all military o ffi cers from recognizing orders issued by )lr. Stanton as Secretary of War. Furthermore. that Tecretary McCulloch had notified - the clerks - in the reasury Department not to pay any requisitions or drafts signed by Mr. Stanton. \Vhen this news reached the gold. room, the price was 118%, and it - jumped - to - 1P.134: ina few - minutes, then 140, 1 ,;, and at 5.30 P. M. the price was 140% to 140%. The gold room was crowded to the close, and the speculative excitement equals that of the summer of 1166, when Mr. McCulloch sold about 850,000,000 in gold, which saved the Bank of England from suspension and ran the price up from 130 to 168. The dealings at the Fifth Avenue Hotel are very lat ge, continuing till past ten o'clock at night. The rates paid for carrying were at 10.07 -fiat, then 6, 13, - 6 - and 1 , 32 - rer cent [From to-day's Tribune.] Jac:rant 15.—'Fbe Controller of the Currency is in cor respondence with the National Hanka, requesting them to Inform him of the name of their approved redeeming agent Section 82 of the Bank act provides that each as seciation in these leading institutions mentioned in the law shall select, as a redeeming agent, some approved National banking association. The came section further says that each of the aesociationa in these cities may keep one-half of their lawful money reserve in the city of New York. According to the letter of the law, therefore, the said reserve is only to be kept some where in New York City. Nothing is said about keeping it in a national bank, or in a bank approved by the Con. troller. Every national banking association is•author ized in the 25th section of the National Banking act to make at least once a year an examination of its United States bonds deposited with the United States Treaeurer at Washing on. The examiner moat deposit with the Treasurer a certificate of the kind and amount of bonds examined. and a duplicate signed by the Treasurer shall be delivered by the association. [From To-day's Herald.] JAN. 15.—There was a sharp decline in gold to-day, which took both bulb; and beans by eurpriee. The market was heavy at the opening at 1.103,i, from which point there was a steady decline to 1384, and the closing _price prior to the adjournment of the board was 1%83. Soon after warde, however. despatches were received from Wash ington announcing that Secretary Melulloch had Wiled an order to his subordinates directing them not to honor any drafts of air. Stanton untl his status in the War De na, tment is defined; and aloe that the President will very soon 'Rue a proellmation, prepared by Mr. Seward, forbidding any officer of the army or government from taking cognizance of Mr. Stanton's official acts. The consequence was that there was a rush to buy gold. . under which the price advanced to 140.110140/, and the latest quotation, at a few minutes before Sixo'clock, was 1403-5ra1461.„. The volume of businees was very large, although somewhat smaller than yesterday, when the clearings aggregated 12152.958,f02; but it must toe re membered that the clearings each day represent the trans actions of the previous day,witb the exception of the sales made for caeh dining the forenoon. The supply of cash gold was superabundant, and loans were made at rates varying from four to seven psr cent. per annum and at 1.32 per cent. per diem. and without interest to either bor rower or lender. 'The cause -of the sudden -decline this morning was mainly speculative, the largo holders of coin having sold out yesterday , with the viewof buying it back at lower figures. and their operations were accord. ingly directed to depress the premium as much as poser'. hie, Just as they bad previously been to unduly stimulate the rise. The market is again in the ascendant, and while the present disturbing causes at Washington.are at work, violent fluctuations, are likely to be experienced at frequent intervals. The steamer Cuba took out 83241.280 in specie. Ine.hulls on the Stock Exchalge having sold a good deal of stock since Friday morning last, which they are now buying back, their Warts are temporprily directed to prevent the market from rising until they have accom. plished their object; tut the probability is that this cheek upon its natural tendency will very Boon be removed, when the result can easily be foreecn. The speculative feeling on the street is still very bullish, notwithstanding the dullness which has prevailed during the last three days, and the bulls manifest undiminished confidence in he future course of prices. We direct attention to the fact that the State of Ala bama. through 31evaes. Duncan, Sherman Gr. Co., invites proposala for half a million of mght per cent. bends, and that the amount of the present indelateeneee of the State is only $4.121,0 , 0 '1 be half million in queotio4 is part of a baler re of :1E23,400 renissining uniesurd of the amount authorized by the act of December 15, '1 he transactions in government eecuritise at the coun ters of the leading dealers; were on a limited scale, owing to the indisposition of holders to sell at the decline re shitsng irons the fall io gold. There was a moderate in vestment rdernand, and the market was stady all day up to three o'clocklat about the morning quotatious.. quentiy. bowers.... the advance in gold came, i'a sympa thetic movement of ~.s(- 4 ,?-,; per cent in government. The Cincinnati Gazette of Monday says: 1 he activity in mune: ary circles 'sent! disproportionate to the amount of business prosecuted in general awrellan dPc, but the clocenees of tile money market dming the Lot two months ct 18.7 has cativel more caution in con. ti acting liabilities, and the nioney market is working i it more care. Several failures in various branches of trade have occurred during the pant week. but most of thou were houses of small means, rind alt of titan had their crt dit too much extended. These have bad no ma terial effect upon the money market. The contitlenee Jett in commercial paper has not been weakened, and rated of interest have rat her declined than otherwise. The fact the great majority of Cincinnati merchants are eoaud to the core, probably more so than the mereliante of any ether city in the country. tin Saturday the :untried of paper maturing was tat ge. cod all, an usual, prmntaly meet, with insienifics.ut exceptions. 'lite Louisville One tier of Saturday Iran the following: 'the demand for Southern and country supplies is in creasing, but, as in many cases the cash, or ion equivalent, does not accompany the orders. the sales are not con summated and are held in check. This is not caused by any want of confidence in the parties, but 'upon the con ', iction of their Inability to make the advances, or to die. pose of their products for the equivalent demanded or usually anticipated, The merchants and the producers are similarly situated and equally hampered far the usual means. the cash, or the credit co carry on their transactions in the usual way, in bills of 30 or 60 days, which in ante-bellum and anti-tax times was considered as good as cash. With an advance in cotton and a re duction of taxes, the commerce of tho West may revive). The Chteaao Tr. bum of Monday says: : There is a iteady though not pressing demand for _Money, butes deposita.zre, comparatively speaking, at a atand.still. the market shows no signs of approaching eak. In all quarts ra it is pronounced alone, and some hare no hesitation in pronouncing it stringent. Paper is closely scrutinized, but all borrowers, who are entitled to any accommodatien.experionce no difficulty in obtaining it. All other paper is unhesitatingly refused. The bank rate of interest le steady at IP por cent., but in the open market good paper is purchased at a discount of herd per ctrl- per month. New York funds arc eenree and firm, with sales between banks at 40 cents per annum. Do. positore are allowed par, and no checking is done for less than 1.10 premium. The Latest Reports by Telegraph. Nms Yonx. Jan. lE.—Stocks steady. Chicago and Rook Island, 96%; Reading 92)' ; Canton company, ta,ky; Erie, ;.?s" Cleveland and T0ted0..1021,,' • Cleveland and Pitts buck 93Tif l'ittsburgh and Fort Wayne, 1003-6 . : Michigan Central, 108, 4 3 '; Michigan Southern., Elifli; NOW York Com Val, 123; Illinois Central, 126: Cumberland Preferred, 1:3; Missouri Cs, 984; human; River. —• Virginia fa • V. S. Five-Twenties, 1862, 109 x• do., 186 . 1 . , 107; do., 1865. 108; new issue, 1059„; Ten-Forties, 103;.; Seven- Thirties. 10511; Gold, 1.16,i,; Monty, 6 per tent.: Sterling Exchange, N wYomc.Jan. la—Cotton quiet at 16148 - 'el 6' C. Flour dull; tales of 8,200 barrels; State, $8 500.810 e0:7:411tio, $9;1+1(.3 13 75; Western, $8 50R15; Southern. S 9 80 Al 15; Califor. sl2@sl3 25. Wheat dull. Corn steady; 2 1. 620 berhels sold; Western, $1 27(}1 29. Oats dull; Wes tern, MN:: Barley dull. Beef quiet. Pork dull; New Ntse, $2l 117ltr Lard teady at 11:07,13.!tio. V. hisky rink t. Ilsurisfonit, Jan. Ll—Cotton steady; Middlings 10)4. Flour quiet and steady; Southern Wheat steady; Peuusyl. vaniu Oats steady, 74(478c. Rye chill at $1 MI (15155. Bacon active; shoulders, lie.; bulkmeat, 9:o) : Mess Pork. *23 750123. ) aril, NEUFCHATEL CHEESE. JUST IN STOILE, GENUINE IMPORTED NEUFCHATEI CHEESE. SIMON COLTON & CLARKE, Imparters, Jobbers and Retailers, S. W. corner Broad and Walnut. JAI.* f ")`-'uv /111/1 , , (11 0 1A.41 IN M. rj . OAOE. . B, o.4ltveß, 1 1 06.6 labia B. W. comer Mann and Illbest THIRD EDITION. BY TELEGRAPH. FROM. WASHINGTON. THE ORDNANCE INVESTIGATION: LATER CABLE NEWS. Financial and Commercial Quotations TERRIBLE RAILROAD ACCIDENT THREE• MEN FATALLY INJURED FROM THE STATE CAPITAL. &Instatement of Secretary Stanton. The Resolution Endorsing It EXCITING DEBATE The 'Upon of the Ordnance Commit [Special Deepateh to the Philadelphia Evening Bulletin. WASIIIMGTON, Jan. 16.—At a meeting of the Ordnance Committee this morning it was de cided to prepare a report of the labors of the Committee up to this time, for presentation to Congress. Generals Logan and Butler will write the report, which will probably be ready next week. In the meantime no further testimony will be-taken-by-the• Committee: • -It- le-•expected tbat a bill will be introduced with the report, making some important reforms in the adminis tration of the Ordnance Bureau. Tile Cotton Tax. (Special Despatch to the Philadelphia Evening Bulletin.] WABIIINGTON, Jan. 16.—The Senate Finance Committee, this morning, having under conside ration the tax on cotton, decided to recede from the amendment which simply suspends the tax for one year, and to report that the House pro viso repealino• ° the tax altogether be adopted. They insist, however, upon their amendment taking the tariff off of Surat or coarse India cotton. It is believed that the House will agree to the bill in this shape. By Atlantic Telegraph. LONDON, Jan. 16, Noon.—Consols fiat at 92.% for money. and 92%@92% for account. U. B. Five• Twenties 71% Illinois Central, ex-div 84% Erie Railroad 47% PAms, Jan. 16, Noon.—The Bourse is heavy, and Rentes are lower. LivrmrooL, Jan. 16, Noon.—The cotton mar ket is steady, with the sales for to-day estimated at 12,000 bales. Breadetuffs—The market continued quiet. Corn, 455. for mixed Western. Wheat, 15s. 10d. for California N White, and 14s. 3d. for o. 2 Red Western. Provisions—Pork, 765. for new prime Eastern mess. Beef, 120 s. for winter cured, 2. Produce—Petroleum is dull, and as well is other articles of American produce is un changed. Railroad Accident. Prrrsnunon, Jan.l6.—A serious accident oc curred on the Allegheny Valley Railroad, on Tuesday, ten miles west of Franklin, in Venango county, caused by the collision of two gravel trains, to one of which was attached a caboose car, carrying over twenty laborers, working on the road. The trains had no regular time for running, and the condintors, not being informed of each other's time, met while moving at the rate of fifteen miles per hour. The engines were badly damaged. The caboose car waa literally demolished. 3iost of the men.were severely injured, and three are reported dead. Pennsylvania Legislature. Bp et ial Despatch to the Philadelphia Evening. Bulletin. lannisnuno, Jan. 16, 1868. &NAT - v.—Mr. Jackson, of Sullivan, presented a petition from citizens of Colutilbla county, ask ing that- the people of the State be allowed to Tote on the question of license or no license. Mr. Mclntyre, of Perry, one of a like import. The following bills were introduced: Mr. McCandless, of Philadelphia, a supplement to an act incorporating the Paris Coal Mining and Lumber Company of Pennsylvania. Mr. Glatz, of York, a suuplement to the act in corporating the Pennsylvania Mutual Horse-thief Detective and Insurance Company. The State Treasurer's report and that of the Adjutant-General were ordered to be printed.. On motion of Mr. Lowry, of Erie, Frank Stewart, of Alabama, was appointed a page. IlousE.—The first business of the session was a discussion on the resolution offered yesterday by Mr. Kleckner, of Philadelphia, as follows : RI spired, That we. the Representatives of the people of Pennsylvania, do hereby endorse the action of the United States Senate in reinstating as Secretary of War Hon. Edwin M. Stanton, whose • successful administration of his depart ment during the memorable and gloomy period of war and national peril bas endeared his name to every lover of liberty and union in the land. The views of the Republican party as embodied in the resolution, were expressed by Strang, Tioga; Reinoehl, Lancaster; Herr. Dauphin; Mann, Potter; and the opposite views of the Demoeracy_in denunciation of Ed win—M.--Stan-_ ton, were given by Cornman, Cumberland; Lin ton Cambria; Plavford, Fayette, and Chalfant, of Montour. The discussion took a wide range, and occasionally diverged from the usual political track. In such eases the personal merits • and demerits of Mr. Stanton were debated with spirit. His acts during his administration were recited and (sustained by the Republicans, and cited with equal or greater denunciation- by the Democrats. Xtoth Congress--Recond Session. WASIIINGTON, Jan. 1t; HousE.—Mr. Amell (Tenn.) offered a resolu tion instructing the Committee on Library to in quire into the subject of International copy right and of Qie best modes for the encourage ment and advancement of cheap literature, and the protection of authors. Adopted. Mr. Eliot (Mass.) offered a resolution directing the Secretary of the Treasury to communicate information concerning a contract made in the spring of 1866, with Henry 8. Welts, for the removal of obstructions in the Savannah river. Adopted. Mr. Banks (Mass.) presented the proceedings of public meetings at North Andover and Law rence, Muss., and resolutions of the City Gov ernment of Lawrence, in relation to the rights of American citizens in foreign countries. Refared to the Committee on Foreign Affairs. Mr. Beaman (Mich.), from the Committee on Appropriatious, reported that the committee having had under consideration the estimates of additional appropriations required for the Agri cultural Department for the current fiscal year, bad arrived at the conclusion that, n.qt l one of the Items therein ' stated was properly a de ficiency, . most of them being for mere unsettled claims against the Department, which, if contracted: at all, wore contracted without au thority ot Jaw, and moved that the claims be. re ferred to the Committee on Claims and the report laid on the table. It was so Ordered. Arrival of . Cho Steamer 'Perolre. Nuw Yon K,Jan. 16.—Arrived—Steamer Pereira from Havre via Brest. TA LTAN VERMICELLI-100 BOXES FINE QUALITY IA bite, imported and for ealeby JOS. B. BUSIER ill leB South Delaware avenue. .PORTUN'S REF. IP TEL—HALF AN (PINCE OF THIS .IJ extract willreake a pint of excellent Beef Tea ain f. w thinoteo. Alwayo on hand and for etdo by JUSDPII B. Bh 8811 qt & CO.. 108 South Delaware avenue. iRoWN BRAND LAYER RAISINS. -- WHOLES V) halves and quarter boxes of tide splendid fruit, land. Ing and for male by JOB. B. DDSS=dt CO. MO South Delaware avenue. 2430 , 0'01001c. Mr. Sherman, from the Committee on Finance, moved that the Senate recede and substitute the following amendment: ' Provided, That raw cotton, imported from for— eign countries on and after July 1,1868, shall be exempt from duty. The motion was laid aside, by consent, for the. time. The following bills from the House were re ferred : For the relief of settlers in the Sioux Indian Reservation. To the Committee — osi - Lands. For the discontinuance of the District Land offices in certain cases. To the Committee on Public Lands. Mr. Sumner presented the petition of citizens of Marlboro, Mass., in regard to the rights of American citizens abroad. Referred. Mr. Chandler (Mich.) presented the petition of citizens of Texas, praying the Senate not to ratify the appointments of non-residents to Federal offices in that State. Laid on the table. mousz.--Coatinued from Third Edition.) The House resumed in the morning hour the consideration of the bill reported yesterday by Mr. Hopkins (Wis.), from the Committee on Public Lands, extending the time for the comple tion of the Dubuque and Sioux City Railroad, in lowa. The previous question was seconded, with the understanding that Mr. Washburue (Ill.) would have twenty minutes to oppose the bill. Mr. Hubbard (Lowa),who had drawn and intro duced the. original, briefly explained and advo— ,ela lid it. Mr. Washburno (Ill.) denonneetithe bill as an other scheme of public plunder,to be put through under the gag and pressure of the previous ques tion. He thought it time that the previous ques tion was played out, for under it the House was no longer a deliberative body. Whatsoever might have been the good policy heretofore of making. land grants for railroad purposes,it was no longer good policy, when bankruptcy, ruin and repudia tion confronted the country. - - He had a statement frOm the General Laud Office showing that the, quantity of lands granted to lowa for railroad purposes amounted to 6,751,207 acres. Mr. Hopkins inquired how ranchland the State of Illinois had got in the same way. Mr. Washburne (Ill) did not know exactly, something like 2,700,000 acres, but he was not responsible for that grant, .and it proved' the greatest curse to the State. It had poured Into the hands of British bondholders ;and gone to build up a great oppressive foreign corporation in Illinois. The grant of 600,000 acres involved In tho pending bill was to go to that same corporation, for all tho franchises of the Dubuque and Sioux City Railroad Company had been transferred last October to the Illinois Central Railroad Company. PROVIDENT LIFE AND TEUirt COMPANY, Tno following statement of t° asaete and bneiness of dile Company is published in compliance with tho General Insurance law of the State of Pennsylvania: Authorized capital $150,000 ea Amount of capital paid up 1 51WO 4,X) Amer nt. ASSETS. Pro value. $14,570 00 .Ifortga ace on city property, being first liens, not exceeding half the va1ue....,........ . . 8,000 00 Ground rents on $14,570 00 city prop ez ty......... 8,000 01 10666 67 Lehigh Navigation Company's 6 per cent. ..... . . 8,960 00 5,000 00 100 shares Lehigh Valley :Railroad meek— . • • . 5,150 20 5,000 00 100 shares P : MinVivania : Railroad stock .. . ... . . . ... 5 200 00 1,250 00 25 shares Safe VePoilt U ri stock 1.535 00 8,000 00 ED ohm ea National Bank of the Re. Public. :............. . . ..... 8,090 00 22,600 00 226 shares Cern sal National Bank 31,230 00 72,724 37 Bills receivable for premiums, secured •by liens or p01ici0a....... .......... 73794 37 160,036 75 Loans ou collateral securities....... .. 160,036 72 .115,000 60 7 10 Treasury notes of the United States. :: . . . ....... 121,335 00 1,10000 1640 United states bonds ......... LIU 00 117,400 00 5.20 tnitco States b0nd5............... 123,R.7 01 Cash in hank, bearing interest._.... —lOOO6 7 5 Cash on hand.. 4,388 80 . 6572,305 76 BUSINESS OF TBE COSIPANY. Prorniouto, including annuitie0......615.00l 01 Interest on premium 8,781 12 $157,598 19 .. 19,123 05 ----el 138.476 10 Interest on oilier investments.:.. .......... 4017.,86 l'bileles boned In 1867. . ... . ••• •.. 2,540,1110 00 Policies outstanding Twelfth ....... t ~10 0 t... 4,120.250 00 ARlOllllt of .......... ......... 1,591 sn Lome on ...... . ........ ....... 11.60(81 Expenees. 91.499 75 Liabilities to denooitnre 91 d raga....—, . 271,4.22 U. VIREUTI.)IIS' NAB ..... SAMUEL R SHIPLEY, ItIttIIARD CADBURY. JOSHUA H. MORIHS, WItiTAIR. BROWN, RICHARD WOOD, WM, C. LONGSTREru. IIENBX N Es, , WILLIAM. tiltIKEll, Lees 'age nte , connut below, SA MIMI. R. SHIPLEY, President. ROWLAND PARRY, Actuary. Sal64ll^tu.9w NORTON'S PINE APPLE VIIEESE.-100ROXE8 QM Com , lintneut. Laudjng and for Rain by JuS. HOMIER A; , gentd for Norton & Ebner. 108 Omni Dulaware Avnnae. FOURTH EDITION.. LATER FROM WASHINGTON. Reports of Committees. [Special Despatch to this Philadelphia EveningMAW. WAsitINGTOIe, Jan. 16.—The Commitext on Manufactures in the House has authorized its Chairman to report a resolution instructing the Committee on Commerce to inquire into the ex pediency of providing by law for the periodical publication of the relative values of imports on foreign and domestic accounts, and what proportion of capital Is invested in such importing businese, and of the profits therefrom paying taxes to this Government, distinguishing between the raw materials and the manufactured, and specifying the relative values of such im ports warehoused on foreign and home account. The Committee on Retrenchment has in pre paration an important bill, which will be re ported in a few. days. It makes a number of jrn portant, reforms in the civil service of the Go vernment, at home and abroad, and will aecom plish the purpose sought• to be attained by the bill now before the Senate, proposing reforms in the Consular service. Gen. Grant was on the floor of the House, to-day, for some time, and was the centre of attraction among the members. Reforms In the Treasrary. [Special Despatch to the Philadelphia Emilia Bulletia.l WASHINGTON, Jan. 16..--13enator Fesse,nden in troduced a very elaborate bill to-day, reorganiz ing the Treasury Department. It provides among other things, for the increase of the sail aries of officers of this Department, beginning with the Assistant Secretaries and coming down to certain grades of clerks. Fire in Illinois. CHICAGO, January lath.—A fire yesterday de strayed-property at Monmouth, - DttruSlif; 'Valued at t 10,000; The principal losers are James Mur— dock Jz Co., dry goods ; W. H. Irwin, clothing ; and D. Wilker; boot and shoe dealer. The insurance amounted to $lB,OOO, in the Hart ford, Phcenir, of New York, and Peoria, Illinois, offices.. XLth Conwress-liecond Session. WASHINGTON, Jan. 16. SENATE.—On motion of Mr. Sherman the rules were modified to allow the Commissioner and Assistant Commissioner of Internal Revenue the privileges of the floor during the consideration of measures affecting the revenue. A communication was laid before the Senate, from the Hon. Edwin M. Stanton, Secretary of War, in compliance with the resolution of April 9th, 1867, transmitting a list of the volunteer officers in the military service, with their rank and present duty. Referred to the Committee on Military Affairs, and ordered to be printed. The following House bills were received : For the exemption of cotton from tax, the House having non - concurred in the Senate amendment. OFFICE II& 111 I. FOURTH STREET. Philadelphia, First nio. 1, 1665. 0 - 4 ate, F. COFFIN, of Richinond, Indiana 3:15 O'Clciok.
Significant historical Pennsylvania newspapers