Daily evening bulletin. (Philadelphia, Pa.) 1856-1870, January 16, 1868, Image 3

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.