TUB- ’PEESB, • ' ‘ l i’i't L Dji BiT « * x ! ai P* * D * - ' ' by ','pfflce, K‘o. ,417 Btreafc • rafedi; | Oif th®o*rri»n. 'J; Malledto Sk6wrll>qr» Out ofthef City at Bix DQLLims -XiCAirao’* ; 3 fg.tJ»/3CWiLjLBS -;<>o* Bran* Mob tbs; APk*toxTKSf',iarari*bl]ria ad yanoetfor'thslime / Bub&criber,)'eich.. # . ....... 120 , ;;Vor a Gluh of Tireutf-oue - or? orex. we will tend: an extra copy tothe getier-op of the Olne. > ■ Post-masters' are' requested, td act u Agents for sPhbW*aki,fpßBßß.C-K-;?-v-;‘ : c >- • - '- r‘ t ’ 'CALIFORNIA FREM, ; ' ’ Issued “Bemi-Monthly to-tlme' for the: California Bteanen? • l ..'V. V*,, ~~"BERPTH,EIbi"&' CEO.; Ko,_2I._SOCTH SECOND STREET, Na>»q©oif op of. AND . WINTER_ it i£i' islisr gooss, ‘i t.. - ! Tit, . t OoneUttaff of , FRENCH FLOWERS. z > RIBBONS, A*d afce*. t ; ■ i j , MTLLINBRTWMi. an idiJUtM* to mi »to«k flr©*» Ui* different Asptio* Ist** Is ¥Bv'Y«»i( , t^ r bftTr jdit > frwtaii IshOalaUW' lot of -•A C ft iBBO VS , V'; J ; : .. ' ' ,'W& worth ifce attention of thiTrai*. ;(%; JW mnd JBATHERB la .now. Wuptit? t itikjfricvf ©f yiiiofe fcsr©-Wen' coaaideraMjr jqdao*l'. ; /- - n-i •*-- •.-!-••' . '* -Harchaatian*MJlllneware tayitei toi«aK at' a m v'jfi *-»* ».* aot-lm r , ; ' /;y;;No.2lSoatl* BKQOND Street. gg SOUTH SEOQSD STREET. Buyers of MILUNRBY GOODS, find onprepared to' exhibit a most complete and elegant lot Hew Btyl*B BONNKT MATEBIALB, RIBBONS) in Immense variety, FRENCH and AMERICAN, FLOWERS) FEATHERS, RUCHES, *c., Ao. " Also, a'beaattfal Btock of *ip A ,w. GOODS, OomprMng all the'dwl**!?!® Btjlea.' Oar ?WOEB,~ Which are uniform, axe graduated at a • '' JONIMCM ADVANOa HPON COST, Beaides.whiohwe allow \ lJ{ B»a CKOT. JOK OiBH. DIALBMI fromVdlitajioe, who maj mot be aware of the eaUteac* of-each-an Sstablishment, OUT OF UABKBT BTRBBT/wUI benefit tbemseltei by, a rtrit to ' - ‘ ■ - • A. H. ROSENHEIM & BROOKS/ ’ No. 83 South SECOND Street, above Oheatnat. au23-dinovl. •' * •?. JHILBOBiTJONES, HiirprAbTpmiA Ain> :irsox.isiLi malm i* FAIfOT fflliK AND STKATT BONNETS, ABf »IOIAt FLOWERS, RUCHES, &o. ! apm: roa aAd.woot hats.' . Tie attention of -city and country dealer* Is Incited to a large and rarled atocld GfVusattaYOgondß, at 418 JHAREET STREET, - •nM-lOar • BEtOW’mTH, . looters. R E. COB SON, • ; EBAXr ESTATE BROKER. - Mon©/ Loaned on Bond and Mortgage, - - Collections promptly "made.' NOSBISTOWH, PA A OGUST BELMONT, , X*. / .BANKER, 76 BiAVER STREET, ; - - SBw ; yoaj:, • i , lienee I/ettera of Credit, aTeiUt>l# to TreToUeM, on ell y>*rta of the worid>; m.? ,■ f -» - •> > * - ; jewMim \J fIPBOIB AND -SXCHAKOS BBOKIBB, ; Wo. 40 South THIRD Btraat, . - ; rHILAUIIUHU. . rV Bafei .to tta Buss and Bftonss of PkU*d«lp&!a t OUS/xaXlit. . ' W. H. iiayrg. V >-iuniT, Manley, bro;wn, & c 0.,. . BANK-NO IK, _ 8100K L -, AND, KOHAHO* '^JJRQKKItfe" • H, W. ooraar ibl THniD wid dnKBTKOT street*, Collections made, and Drafts drawn on slip arts of.the. United States and the Canadas, on. the most favorable terms. * Cuitoetions made, and 2>rsfta;drawn on JSnglaßd>.axid hrel&jii. ' - TTneorrent Bank Notes., bought.--iand ’Warrant* bought and sold,. Boilers in Specie and Bullion., /Loans and Time Paper negotiated. , Stocks and Loans nought and sold on. Commission at the Board of Brokers in Philadelphia and New York, jes-ftn - r-v • >•* RICHARD B. PAHBTj - Commissioner for ' Pennsylvania and-i New Jersey, Fabry & bs other, BBOKBBS, tc QSNSBAIi LAHDAGRNTS and OCNVBYANOBBB, ' - FSOJfT STREET, about HICKORY, MANKATO, MINNESOTA, tty particularattention' to -loaning and investing Voney. for. noa-realdente and.- others, and collecting Drafte, Notes Ac. Any letters of bsqoiht or husmesi Will receive prompt'attention. Refer to ' , Wood’BaeOn,« Oo;, Philadelphia. , Dale, Boas, fc Withers, Philadelphia. Sharp) Hawes, A Co., Philadelphia. ■: Richard Randolph, Philadelphia. . Charles Bills A Co.-, Philadelphia. , . Barry A'Randolph, PhUadClohla. 1 mydl-ftn* HBWAKD Hi PABBT. Notary PnbHo for . Minnesota. - - V BoMsf Sfjoes; gjIAUiSTOOK BOOTS AND' SHOES. JOSEPH H. THOMP9OM ft 00., ’ ' Bo.SH MARKET BTBBKT, Mm. Suit SEANKLIN PLAOB, ■i.r< loW II IKU A LikU AID WkM. AMOITID fITOOS or BOOTfi AND SHOES, MANUIAOTUBB. Whlehthey offer for sale on the best terms for eufe, mx on the eunu l oredit. Buyers ere Invited to call and examine their stocks ' J '' - - - jyg.tf BOOTb AifD SHOES.—The subscriber baA.on hand a large and varied stock- of BOOTS •aft BSOJBS* wWbh hevrUiseU at the loweeforloei. . •?,&. ,-*•.**..* 'OHO. W.’TAYBOB, ' 1 oon-ly , , B; mi corner yilTHui MARKET Bti (SeutUmtn's^HrnistjingSooaa. WINCHESTER &~OO.i GENTLEMEN’S FURNIBHtIiG BTORR 4 •»,.» Awd '- -. :<■' : ffATSNT SHOULDER' BBAK SHIRT. MANUJAO- Atthe Old stand, No. TO6 OHfifeTtfUT BTRBBT, cppo- Vita the Washington Honse ; ?. >'. r r.i .< A. WINCHESTER will sire* *» heretofore, hie per tonal supervision to. the Cutting "rad Manufactnring departments. Orders for his eeleoratea style’of Shirts and Dollars filled it the shortest notice. Wholesale trado.gpplled on liberal terms," ■/.' - ; ». foa*»ly ■<- J* W; of find' of Wis • oners* & : Bobw;)'GRNTtEMBN»B TURNISH INO BTORB:;i*sd >.wiIRT * MANUJAOTOBY, «M OHBBTNDT- Street,(nearly opposite the GirardHowe,) J. W i SHrotid napectfuily c& the attention of hie former patrons and friends to his new Store. Aid Is pro* pared to-fill.orders .for.SHIRTS.at shore notice. >A perfect fit guarehti#; r 'OOUNtRY"TBAI>* rapplled with TINB BHIRTB and OOLt/ABS. a - Jylfctf €f)itt(ii ®lassnmre, IJIUBNBUI4, &cJjO., ■;, ' ,l ';. IMPOBTEBfI AKD WHOLEBAIE DBALSRB 'OHIITA. AND.ftUEENS WABB,. No*.. 28’ j£nd 26 BOOTH POOBTH- STREET, . Betveea Mu-ket tmd CheitoaV*' . : ; : : PHILADELPHIA. (}Li.SSWijaE > op9 j n or ; by; th« pAckag*. *ußl-2mKr - -- ■ *,; ■ r ' • *• - -, iji OSOUTH EEJT -AND "WESTERN MBECHAJNTSa Alargrßtook.'of CHINA., GLASSWARE, AND '' J ' r ;">ANCt;'A^TidLKB, AV m LOWlgf-XABXRT.TSIOXB,'AT A WITTE/Importere, MABONJO BALL, 718 OHRBTftUTSTREET. J#Jls?ly' } *'* ijW . • rOTOING.PIKOBS',.:RIFI ) ES,&o., J>MlTOtt«M,M4aoliiithalr eeeortiqentM mueh «i , »MMlietoro{Kelet'Deo, they will ielt ..... A* VERT tOW PRICRS ■ iihe i-b sk-t-i bR >»took^ '' - SUITS »ROM ; RACinRERFw-BNCItAUB, BKLGICM, As* i.'AKD VRAMOB.- " " :; PHILIP 8. JUBTIOE A CO., - V-Ho.lftHorthniTll Street,; T. ' ; ..' A ;y^-,~ r yixbnTG Market. ; U»ALE ROPE iANb^C^Kjlsnufik'ctarod •-I »»‘?VA*«V f - VOL. 2~NO. 74. JDrfl (Soobs Jobbers. E W OABPETXNGS. JAMES H. OENE, CHESTNUT STREET, BELOW SEVENTH. Buyers of CARPETINGS will Gnd, among our New Goods, a' largo variety of oholca designs, selected fa Europe during the last season, at unusually low prices. In the above is a large variety of * fiSCSSBIiS TAPESTRY CARPETS, ■ At OlfX J>OLLAR FER YARD. JAMES H. OENE. CHESTNUT BTREET, oo*-lm BELOW SEVENTH. No.,.an MARKET Stmt«md 10OHUEOH Alloy. ~ ... hwotHBR . IMPORTERS AND JOBBERS & BKUIHEK, 1858 FALL GOODS. 1858 - Tb« Subscriber* beg, leave to inform their friend*, andbountry merchants generally, that their stock of HOBIBRY, : . GLOVES ,BMALL WARES, Is now complete, comprising their usual assortment, and which they will sell at the lowest market rates. They would especially oali attention to tbeir stock of BUCKSKIN GLOVES AND MITTENS. . . Oompfieing the BAXOVER, ' GERMAN TOWN, JOHNSTOWN, AND OTHER DEBIftABLE M&KHB, Vfhioh they have purchased directly from the liana* faptnrerA for cash, and are now prepared to sell at redqoed rates'., , ~ , SHAFFNEB, ZIEGLER, & 00., IMPORTERS AND JOBBERS, 86 N. FOURTH Street, Philadelphia, ' Near the Merchants’ Hotel. J 7 T. WAY & CO., DRY, GOODS, An now- folly prepared for the v - FALL TJiADS. The eompleteheuf of their Stock, both for VARIETY AND PRICES, WUI be found to offer advantage* to buyer*, unsur passed by any, other in tjtiU ooantry. & KNOWLES, IMPORTERBAND -WHOLESALE DEALERS HOSIERY, GLOVES AND FANCY GOODS, Noe. 4SO MARKET AND 425 MERCHANT gTB., ; And have jut opened a NEW AND COMPLETE STOCK OP GOODS, expressly adapted to To whleh the attention of their customer* and FXRST- I CLASS BUYERS, ia Invited. aul7-dtnovl IMljolesale tDrji ©nobs pOBEIGN .AND DOMESTIC GOODS. SHIPLEY, HAZARD, * HUTCHINSON, t No. 112 Ohesttrat street, Offer for sale s DRILLS, JEANS, SHEETINGS, BHIRTINGB, MARINER STRIPES 08NABURGHS, FLANNELS, BROWN, BLEACHED, AND COLORED MUBLINS, ; In all widths from the BALTIC MAN’G CO., BATES MAN’G C 0.,. NORTHVILLE DO. LOWELL DO. -- PAIRHILL DO. WEST BOYLSTON DO. > - . Also. I Templeton Mills Doeskins ka '7*l Casalmerei, 1 Woodward - do. do. do, : Saxony Mill do. - do. do, • Together-with a largo assortment of desirable Foreign Goods. ocl-lm T 10 DEALERS IN OIL CLOTHS. The Subscriber haring superior facilities for Maim fas taring , . FLOOR, TABLE, STAIR, and CARRIAGE OIL CLOTHS, Is sow preparodto offer great Inducements to Boyers from all parts of the country. \ A large and choice Stock Constantly on hand. 1 Great care will be taken in selecting Dea. wko order by niall. WAREHOUSE, No. 329 ARCH Street, Phils. >aM.BmW THOMAB POTTER, MmafMtmr. IRISH1RISH LINENS, . WOOLLENS, STUFF GOODS, A full and general assortment of FALL DRY GOODS WRAY & 6ILLILAH, »a3l.tatha24t lIHILLS & SHEETINGS FOE UXPOBT. •JL> jbbootv; BLE Kicks; — ' 1 HEAVY Su LIGHT SHEETINGS, , fluitsbl© for Export, for sftle \>J FAOTHINGQA&I & WELLS, 24 South FRONT ST:, & 86 LETITIA. ST. - ’ OQI6-I7 gIOHAEDSON’S IRISH LINENS, DAMASKS, DIAPERS, 4co. CONSUMERS of RIOHARDSON.’S LINENS, and those desirous of obtaining the GENUINE GOODS, should ftfeb that the articles the/ jrafobaso. Are sealpd with the fall nanj.e of the Arm,. ✓ .» RICHARDSON, SONS, & O'WDEN, As agaaruntee of the soundness and durability of the Goods*, * . . v . . , ' this caption Is rendered essentially necessary as large •quantities of inferior and defective Linens are prepared, season after season, and sealed with the name or RICHARDSON, by Irish houses, who; regardless of the injury thus inflioted alike on the American consumer and the manufacturers of the. genuine Goods, will not readily.abandon a.business so profitable, while pur* chasers can be 'lmposed on with Goods of a worthless character. . J« BCTLLOCKE &J. B. LOCKE, my2B-0m ' Agents. 86 CHURCH Street, New York. rjAHE STATE SAYINGS FUND, Mo. 241 BOOK STREET, NEXT DOOR TO THE POST OPPIOB, INTEREST FIVE PER OEHT. Uon.jreoetTedDi.iLr, and every MONDAY EVENING, IN SUMS LARGE AND SHALL, PAID BACK DAILY, TEQM 9 O'CLOCK A. M. TO 8 O’OLOCK P. M nsroeiTOßS 'out nniw tbkib vosrr nr ohbobs, ab J. HENRY HAYES. Teller. The spring garden saving FUND. ' (Outiug »T_THB_tiaiBLitoWoP P»»»STLT1»I1.) PERPETUAL, CHARTER. VZ7X PER OSN?. Interest allowedto Depositor*, and all Moneyc'Pald took on Demand. 017108, 881 NORTH THIRD BTRSBT, (OoneontnAttotr Basts Boildibtq.) This Institution Is now open foe tbs transaction of tnuinauf, and ia the only 0 harts red taring fond located la .the northern part of the city. The Office will be open (daily) from 0 to 2#- o’clock, cad also oo.MONDAYS tad ?Hl/tt£2>A7£, from b antU 9 o’clock in the XVefttag. mXnjlqbrb* Fredarlok Klett, . Btephen Smith, John P Levy. ' • Hon, Henrr s. Strong, Daniel UniUrkoflkt. Hon. .Wa. HUlirardj Frederick Staake, .Francis Hart, Joseph B. LeOlere, John K easier, Jr., ; prwMei Secretary, QSODHB T., C*4.VXNG FUND UNITED STATES *0 TRUST GOUT ART, ooraer of THIBD mil OHIST HUT Street,. . . . . Lfcree and small sums received, and paid back on do maud, without notice, with PITH PBB CENT INTBB ISX frpza the day of deposit to,the day of withdrawal. Office hoars, from 0 until 6' o’clock every day, and on KOHDAV BYBNINQB from T until 0 o’elook. D&A3XB for sale on Bn gland, Ireland, and Bootland, from £1 upwards.' , Pr**idont~-J3TJJPIHN B« OSAWTOBP- Tf earorer-rPLINT TIBK. • JAMBB R. PONTBB CJAVINO rp)-FIVE PBU CENT. W (j TKHEBT--NATIONAL BAJDTY TRUST 00M PANYr—WALNHT8TR8ET. BODTH-WBBT CORN IB Of THIRD, RIULADSLPHIA. . I«oo*roiu.iiD t BT van Btitb or Tmßnrwu. ' Money U meireil in any flam, Urge or email. and ln- Mrat paid from Uro dnv of depo.it to tk* dnv of with drawal- -z- ; .Tiopaw ta-oMa »»«ry lap fromOo’eloekln til morning till 6 o’eioait in the evening. aid on Monday tfld Thttridiy evenifigi tUI 8 o'clock? ~ ; . r M -HON. HHNint X*. Bjnmsß, President, ?BOBIBT r OILYJIIBGI, Tie* President* w*. Bud, Secretary. ’ DIBIOYOABS Hoa. Henry l; Benner, t. Oarroll Brewster, . Edward L. Carter, - Joseph*. Ban . . Hubert Belfcldge, Baml. Ki Anbton, Joseph . O.LandrethMunni, Diffenderffer. , Honey is received and payments made daily. •The investments are made In conformity with the provisions of, the, Charter, in REAL ESTATE MOST GAGES, GROUND BENTS, and such first class securi ties as'will always insure perfect security to the deposi tors.;and which cannot fall to rive permanency and sta bility to this Institution. j•• " anl-ly BOOKBINDING.— The undersigned res j pectfnlly Invite the attention of lovers of book* to their unequalled facilit es for binding books in a su perior manner. Their work has been submitted for ft aerie* of ye are to the examination of some of the most celebrated connoisseurs in the countrr. It has received thd most flattering encomiums .and won for the under signs 1 a reputation which they are determined to maintain. . jßvery style of Binding executed, from the plain '“half-bound” volume for the scholar’s' table to tbe niost' artistic garniture of rarities for the collection of the Bibliomaniac. s ; - ' -Speelmeos of style and workrawsblp will be Cheer fully shown to tbos» who wIU call npon - } PAWSON & NICHOLSON, Bookbinders, . > * - ~■ • ' • - 610 MINOR Street, ie2o-2m* Between Market and Ohestnut Street** PORK. —J6O bbis Hess Pork, for sale by. I 0.0. SADLER & 00., ' 1 ABQH Stytet, 2d door above Fmf. BHIRTB, DRAWERS, WOOLLENS, and (SITS SBKOTMO *0) BALL TRAPS, BLANKETS, TESTINGS, Ac., Ac. for sale on favorable terms by 121 CHESTNUT STREET. Savings JFnnbs. OS DEPOSIT, IS BASS, IP DBfllftQD. . G&0. H. HART, President. OHAB. G. IMLAY, Treasurer. se2B-tJanl Tames S. Pringle, Jacob Dock. Joseph Iff. Cowell, George Woelepper, J. Wesley Bray, -Robert B. Davidson,' P. 0; EUmaker, > John P. Vorree, George EttAcht, J6hfa Horn. Dt, JAMBS 8. PRINGLE. .THORN. ap2l-lftf (Earpetings. No. 920 CHESTNUT STREET, WILL OPEN THIB DAT Their Ball Importation or CARPETINGS, Mlft-tf j AT PRICES GREATLY REDUCED. Siluer ODare. jgIL7ER WARE : WM, WILSON & SON. Having completed the alterations to their store, Invite special attention to their stock of Silverware, which is now unnBually large, affording a variety of pattern and design, unsurpassed by any house in the United States, FINER QUALITY THAN ANY MANUFACTURED FOR TABLE USB IN ANY PART OP THE WORLD. Our standard of Silver is 936-1000 parts pure Tho English Sterling is. The Americ&nand Frenoh 15........ 800-1000 “ Thus, it will be seen that we give 35 parts finer than the American and French coin, and 10 parts finer than the English sterling. We melt all our own jifucr,and out foreman being connected with the refining depart- ment of the United Statu Mint tor several years, we guarantee the quality as above (935), which is the finest that can be made to be serviceable) and will re- sist the action of atidt much better than the ordinary ritosr manufactured. WM. WILSON & SOM, 8. W. corner PlPin »nd CHERRY. N. B.—Any fineness of silver manufactured, as agreed upon, but positively non* inferior to the American and French standard. Sewing iHarljmeo. & WILSON^ SEWING MACHINES, BBDUOED PRICES. NEW STYLE $6O. All the former patterns $26 less on e&oh Machine. A NEW TENSION/ NO WINDING OF UPPER THREAD. A HEMMBR WHICH TURNS ANY WIDTH OF HEM OR FELL. offices -OM't7BBSTX«t7r-oir»*s, rimaueiphla. No. 7 WEST STATE Street, Trento N. J. No. f EAST GAY Street, West Chester, Pa. oc7-tD2fl. HARRIS’® BOUDOIR SEWING MA CHINE Is offered to tbe public as the most reiia ble low-priced Sewing Machine in use. It will sew from six to sixty stitches to an Inoh, on all kinds of goods, from coarsest bagging to the finest cambrics. It is, without exception, the simplest In its mechanical con. •traction ever made, and can be run and kept in order by a ohild of twelve years of age. The durability of this machine, and the quality or its work, are war ranted to be unsurpassed by any other. Its speed ranges from three hundred to fifteen hundred stitches per min ute. The thread used is taken directly from the spools, WITHOUT TUB IROCBLU 07 RKWIHDIRO. In fftCt, It IS S (Uflhlne that In wanted by every family In the land, aid the loir P*tae of FORTY DOLLARS, at which they sold, brings them within the reach of almost every one 8. D. BAKER, Agent, jelfi-dfim why eowfim 20 South EIGHTH Btreet. {SardtDctr*. rpRUITT, BROTHER, & CO., IJiFOBtMS AND DXALSXB HARD TV A R K, OUTLEBY, Eft MARKET STREET, Below Sixth, North side, »uiT-Sm PHILADELPHIA. rTARDWARE The subscribers, COM IA MISSION MERCHANTS for the sale of FOREIGN AND DOMESTIC HARDWARE, would mpeotfallv call the attention of the trade to their stock, which they are offering at lowest rates. Our assortment con sists In part of— Chains; of all kinds—Trace, Log, Halter, Breast, Ox, Sow, Fifth, Back, Wagon, Stage, Tongue, Look, Ship, (dine, and Coil Chains. The celebrated “L” Horse Nails; Stone and Sledge Hammers. “Wright* ” and other Anvils; Solid Box and other Tices. Short and lohg handle tfj Pane: round and oval Bake Pahs. “Marfan’S” superior Pilesahdßasps; Bed Bcrews. “Excelsior** BmetyPukst BUatihg.Tubes, Com, Grass, and Brier Scythe* 5 H&y, Corn, and Straw -.nivei. Hay, Manure, Tanners’, and Bpadlng Porks. Rakes and Hoes; Bhovels and Spades, of all kinds. Tacks, Brads, Shoe, Clout, and Finishing Nails. Cast and Wrought Bht't Hinges, Bcrews, Locks of all Unde,' Cutlery, Rams and Pumps, Axes, Hatchets, Ham mers. Planes, and other Tool's, Ao., &o. W. G. LEWIS A SON, mhl-y No. 411 COMMERCE Street. St)oc ianbingo. ftrOTIOB TO SHOE MANUFACTURERS. 1 » The undersigned (successor* to the late JOSEPH T. JOHNS) are now prepared to meot the wants of the trade at the OLD STAND, Northeast corner of ARCH and FOURTH Streets. Their facilities for IMPORTING and FURNISHING every article in the SHOE BTUFFB and TRIMMINGS line, at moderate prices and on favorable terms, are unsurpassed.. The attention of BUYERS is respectfully solicited. WM. JOHNS fc SON, anl7 N. E. oorner Arch and Fourth etc. jpOR COLDS AND SORE THROATS. ICELAND MOSS PASTE, MARSHMALLOW DROPS, FLAXSEED DROPS. STEPHEN F. WHITMAN, Manufacturing Confectioner, No. 12X0 MARKET STREETj Se2o-8a West of TWELFTH Street. BOILER and FLUE IRON of an kinds, qualities and sites, cut to patterns at short no tice. Promiscuous Sheets Boiler Heads, and Rivets, on hand and for sale at lowest rates by KDW.S BUCKLEY, ooi-lm# Gray’s Ferry Boiler Iron Works, OSOO No. 6 Farquhar Building, 230 Walnut st. rIS NOT A DYE! JEROME’S HAIR COLOR RESTORER will re store Gray Hair to its original color in from ten to twelve days, and restore the Hair where It has fallen off and become thin. IT 18 NOT A DYE! It maybe used as freely as water, and is tbe mostbeau tlful Dressing for 'he Hair now in use. Thduaanda in different p.rta of tho Dnlon hero teati fled' to its wonderful virtue., and nil who have used It join In fbeir pr»lse of it. Bold, Wholesale and Retail, by Dr. BWAYNE &■ BON, No. 8 North SEVENTH Street, above MARKET, Sole Agents for Philadelphia. ’ Trade supplied. ocl4-8m Detersive soap— Time, labor, an a money saved, In using it, clothes do sot require any boiling or robbing on washboard One pound -will go as far as three pounds common Rosin Boap. "War ranted to give perfect satisfaction or monoy refunded It is decidedly the cheapest and best washing Boap ever offered to tb# public. Manufactured only by VANHAAGBN& MoKEoNE. For sale by all re speotable'Orocers in the city, and wholesale only by * , THAIN A MoKEONB, 22 South Wharye*. PHILADELPHIA. TUESDAY. OCTOBER 26, 1858. tfARFER’s MAGAZINE for NOVEM- Al BER, for sale at PETEBBON A BRO.’S, 306 OHE-'TI'UT Street. CENTS for NOVEMBER HARPER, J for rale at PETERSONS’ PWOVEMBER HARPER, only 15 CENTS, E ’ for aule at PETERSONS’. A BEAUTIFUL NUMBER• NOVEM BER HARPER. -For sale at PETERSONS’. I K CENTS, 16 CENTS, 16 CENTS, 16 CENTS, HARPER for NOVEMBER, at PETER SONS’. jVOVEMBER HAKPER, NOVEMBER 1" HARPER Price 16 CENTS, at PBTKRBONa\ PETERSON SELLS HARPER for NO VBMBBR. PETERSON SELLS HARPER for NOVEMBER On/? CHESTNUT STREET, at PETER OUU SONS’, is the place to get HARPER for NO VEMBER. 0c23 3t The new novels. Just published: A new Historical_Novel by P D, Guerrawij author of Translated from the Italian by Luigi Monti, of Har rard UciverpJty. Elegantly bound in musHo, with a superb *teel Portrait Lom the celebrated Drawing by Prasobori Fr.ca $1 25. i-xtraotfrom an_nrtlole In the Boston Courier by PrO' fossoro C. Felton, of Harratd College: “ There can be no d«tnt that these novels of Guerrai a! »re of marked and high literary merit '/ heir sty e is desr, p ,re. and vigorous. .Thepjwerof the author is shown in his briUiaut pictures, his vivid descrlptmns, and bin brief, eoorgetic exprenalons of feeling Ilia characters are drawn with short, sharp a rokea, as with ‘tho point of a sword. The reader becomes a spectator. From his post of observa’Jon he sees a drama enacted before him; the scenery and costumes are perfect; there JB a fearful earnestness and vitality in the performers. With p-irted lips, and cheek growing paler, he watches with eagerness the progress of the action till the cur tain fulls. BEOO3X>. VEBInON GROVB: Oa, HEARTS A. 1 THEY ARE A fresh and vlowlug American Fiction, by a promi nent Southern authoress. Elegantly bound in mu* in. Price $l. From Critique of Soulho-a Literary Messenger. “ 3 ho novel ot Vernon Grove is in our judgment tho best yet produced by au American lady. In no A merl can Action has the iuterest been muintainod with such power Paihnfl i« ’he'quality most at the writer’s com mand Tho incident of Eva's blindness is narra ed with wonderful and startling naturalness, and aflfeets the reader moro, we think, than the similar occurrence in the case of Muriel in f John Halifax, Gentleman.” These book) will be sent by mail,pißt*go paid, to any part of the United States, on receipt of the price. RrDD & CARLE TON, Publishers and Booksellers, ocio-tutbs-tf No. 310 Broadway, n. y. THIS DAY. THOUGHTS ON THE LIFE AND CHARACTER OF ~..925-1000 “ The Publishers deem it only necessary to announce the abovo work, to secure for it that attention which the popularity of the author and his reputation as a deep thinker, demands. PHILLIPS, SAMPSON, A 00., Publishers, Boston. oc230., cloth To be followed on Saturday. Septomber 25th, by GRACE IRIUMPHANT a brief Memoir of John Fleming. By a Teacher. 18mo., cloth. On Saturday, October 2d. HOW TO LIVE Illustrated In the Lives of Frederick Perthes—the Man of Business Gerhard Terateegen— the Christian Laborer. James Montgomery— the Chrlßtlan Man of Loiters 12m0., cloth. HARRY SEYMOUR; the Little Boy whoso foot would run home. 18mo . cloth. On Batarday, October 10th.. % .^4 it—. oocu'uri'o , *j,v-ovuien Mushroom. QlBino. cloth. On Saturday, October 23d. KITTY MAYNARD; or, ‘ To obey is better than sac ilfico.” Vy thoauthor of *• Irish Amjr,” ‘‘Ready Work,” etc., etc. 18uio. cloth. Ou Baturday. October3oth. A WEEK WITH FANNY 5 or, The Fifth Command ment. 18mo , cloth. Embellished from original de signs. On Saturday. November 6th. UNION NOTES ON TilE GOPKLB; compiled and prepared with especial leference to tho wants of Ba rents and Sunday-school Teachers. l'art 111. LUKK AND JOilN. Edited by Rev. Robert J. Farvln, of Leroy, N. Y. 18mo , cloth. On Saturday, November 13th. ALLIS FAMILY; or, Scenes of Western Life. 18mo., cloth. DAISY; or, The Lost Latnb. Beautifully illustrated. On Saturday, November SQih. THE DRAMA. OF DIIUNKENNEB3; or, Flxtecn Scenes In tho Drunkard’s Theatre. 18mo., cloth. On Saturday, NoVeuiber 27th. OSHIELLE; or. Missionary Life in Africa. XBmo., cloth. Fdlly iilustra’e.l. Several other books of great interest will bo published daring the season, by the AMERICAN SUNDAY SCHOOL UNION, No. 1122 OUEST.iUT. RTHI3ET, Philadelphia. And for aalo by all Booksellers. se24-t tii-tJtil nriHE mysterious marki age.—a -8 TRUE STORY OF NEW YORK LlFE—Being one of the moat absorbing, interesting, and thrilling works that has ever been printed. One volume, cctavo. Price 26 cents. Per aalo at T. B. PETERSON A BROTHERS,. ,806 CHESTNUT Stteefc Copies sent pc; mail to any bnb at alt, free of postage, ourdlelpt oT 25 cehts. THIS COQUETTE j a Novel, by tho aulhor of “ Mls- Berlrous.” One volumo, paper cover. PricofiO cents. THE GHUMBLER; by Miss Ellen Pickering—her beat work. One volume, paper, 6}) cents. ARUaKNEIL; by G. P.R James. 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A large assortment of Bibles, together with tho do votlonal books used In the various Evangelical Churches, always kept on hand. - 0011-tC CIRENCH WHITE ZINC, of tho Vieillo Montague, ground pure. It produces a olcar, white, fine gloss, and attains a firmness and evenness'- of sarf&oe. Guarantied genuine. For sale by ZIEGLER & SMITHi au2B-dtr Southwest oor. Second and Green rt»., New VfftST ISABELLA ORSINI. “ HEATBIOtt OEi^CE.” JESUS OF NAZARETH, Br Rev. W. H. Furness, Philadelphia. For sale by WILLIS P. HAZARD. FROM TUB PRESS OF TUB Published Saturday, September 4th. On Saturday. October 9th. GLEAEON’S LINK-OP-BATTLE SHIP %\t Jjrtss. TUESDAY, OCTOBER 26, 1858. Abolition of Russian Serfdom. Tho condition of tho serfs in Russia is con siderably* bettor than that of agricultural labo rers in England, Scotland, and Ireland, with such wages as three dollars a week, and that qnty during a portion of the year, there being little agricultural labor during tho severity of the winter. Supposing, however, that tho English peasant had three dollars a week all the year round, he has to pay out of this for hitf, miserable habitation, for clothes for him self and family, and for thoir food, so coarse that a negro iri the South would reject it with disgust. In Russia, wherever tho soil is fer tile, the poasants are generally well off, ithougbthey must pay tho corvee, or tribute to the Crown, as well as the o&rofc, or poll-tax, (which really is .rent,) to the proprietors. The eor/s, in those large districts, have well cultitvated fields, stables well Ailed with cattle, andla degree of comfort which even the small farmers in England would envy. • Emancipate the serfs, consisting of about 11,50,000 of males (children included), all of whom havo been accustomed to look to others for their means of living, and in their old ago for unconditional support, and they must depend wholly On themselves. Hero is one great difffimfty. The Czar, who undoubtedly means well,vhas summoned a Parliament of nobles and landed proprietors to meet at St. Peters- and deliberate on the emancipation of the surfs. Tfi£ original intention, we believe, was that, on’hjfe liberation, every Rerf should receive a sufficient portion of land for tho support of himself and his family. But how this can be to be soon. In some princi palities, where the nobles have themselves solicited permission to emancipate, there can be little difficulty, ns the nobles are prepared to GOlicede a great deal. But many of the proprietors are averse to such a territorial confiscation ns alienating the land from them without giving them any equivalent, and transferring it to tho serfs. It fc£s been proposed that the Rnssian Go vernment should give the proprietors seventy rublci'in paper money, for every serf to be liberated ? that the peasants should gradually repayhthis advance to the Government in years, and that tho proprietors should-bo allowed to mortgage their estates to the Crbwn for a fresh supply of paper money- Herd. it may be remarked that the difference between the silver ruble and the paper ruble (once almost as marked as that between specio and OUT Continental money) does not now exist. /Tho paper rubles or assignats, which the Empress Catherine issued, had become so depreciated that when they were called in, twenty-five years ago, the actual was three fourths^,less than the nominal value. The pre sent papor ruble is convertible, on presenta tion at'tho Bank, and has tho same valtio as the silver ruble. Tho equivalent valuo of the silver ruble is about seventy-five cents. Snpposlng that tho Crown paid seventy ru bles tor-tha liberation of 11,000,000 serfs, tlie total Would be 770,000,000 rubles, equal to $577,500,000. This would bo paid in incon vertible paper tnonoy. Supposo, aiso,tliatthq proprietors availed themselves, as they would largely,jrf permission to mortgage their es tates, tho whole amount, which might bo de manded','Would be 708,000,000 rubles. Say that onty hall this amount wore called for, of 384,000,000 rublos, (equal to $288,000,000,) hero would be tho requirement for an issno ol 1,164,000,000 rabies, or $805,600,000 of our money.. An inconvertible paper issue, to this vast (!itcut, wou!ii l)i! ruinous to any country. » k dJfilcuH, II HOW can tho serf repay the seventy rubles, even though it bo spread ovej thirty-seven years V* Evcrypeasaot brings in,about twenty rubles a year to his master, and gains latid, and tho moans of cultivating it from him, besides tho certainty of support in old ago. In Prussia, in 1811, whore serfdom had prevailed, tho Go vernment, when liberating tho serfs, adjudged them from a third to a half of tho estates on which they worked. Should the Russian pro prietors submit to such a partition ? Another plan ia that tho serfs should buy tho land which tboy now retain for their own nso, tho Government advancing them 1,000,- 000,000 rubles, or $775,000,000 for that pur pose* Or that the land bo valued according to its fertility and climate, and 500,000,000 rubles paid on it, for the liberated, serfs, by tho Crown. Ur that the Crown shall purchase land and serfs, which would involve enormous expenso. Or that the liberated serf should pay rent for his land. If ho do this, tho difficulty is that he has no one to loojs to, as ho now does, for support in old age., Besides* if he did not pay ihe rent, his dependence on tho proprietor would bo resumed. Boris Godounow, at tho commencement of the seventeenth century, merely assigned the peasant to tho soil, to qheck his noniadic predilections, but a hun dred years later, as Peter tho Groat told his Senate in an. ukase, “In Russia, people arc sold like cattle, which is not seen elsewhere in the world, and from which no slight misery arises.” Aa the people gradually declined into tins serfdom, so they might return to it unless rendered quite independent of their proprietors. Whrtt tho Russian serf tonat want is obvious —to have his condition improved. Mo thinks it would be no improvement to bo declared free iVithoiit a sufficiency of land set apart, as it now is, for bis use. lie would « gain a loss,” as the Irishman said, by any other ar rangement, This was positively laid down by tho present Czar in tho first document which he issued ou the question, and ho is likely to adhere to it, notwithstanding the opposition which a small, but powerful section of the proprietors are raising against it. The Gita, whatever his desires on tho ques tion may liavo been, (though it was believed that be would carry out his father’s view’s,) took no steps in this matter, until the nobles of White Russia took the initiative, by them selves requiring tho emancipation of fhe serfs. On this, tho Czar issued his ukase of Novem her 30th, (old style,) which n?t forth that <«in order to improve tho condition of the peasants, it was necessary to free thorn from serfdom*” The rural nobility, numerous hut not wealthy, hurried to St. Petersburg to make tho required concessions. Thoro they found a vacillating Government, alarmed at tho mea sure which tho Czar has recommended. Tho nobles, encouraged by this want of firmness, Where adamant ought to have been the basis, havo quietly applied themselves to resisting the Emperor’s scheme, even while assuring him of their desire to support it. If ho nobles possibly can, they will “ keep tho word of promiso to tho ear and break it to tho hope” of tho serfs. The Czar’s circular declares that each Berf must be liberator! with his house, or hut, and Us usual appurtenances, called oussadba. These were expressly de clared to be “ a house, or hut, with a court, (or farm-yard,) and a kitchen-garden.” The ac tual value of the oussadba to ho paid, and land which had once been measured off for tho uso of the peasants, never to be reunited to their late masters’ fields—to bo peasants’ property in perpetuity. But the St Petersburg Com mittee of Proprietors decide that oussadba means only peasants’ buildings, without any ground, and it was oven proposed that no peasant should over have a right of purchasing land, In reply to this Committee the Czar says, “ Unchanged and unchangeable must remain tho principal heads of tho scheme, as pointed out in his Majesty’s rescript; that is to say, tho independence of tho proprietor in tho possession of tho land, and to the peasant satisfactory means of pursuing his livelihood' and of fulfilling his duties.” If tho Czar would havo his scheme readily adopted, let him pay the nobles, at a just i valuation, for the land taken from thoir es tates and given to tho peasants. Tho peris will probably have thomselves to contribute to this purchase. Tho Czar thinks that, in ten or twelve years, they can buy out their land, huts, and cattle. But, once that the new system commences, serfdom is virtually ended, for the serfs ivill be in the condition of indebted persons, who have to pay off pecu niary liabilities by easy instalments spread over several years. What tho cost of the State, will be, cannot readily be estimated. England paid $100,000,000 to emancipate her West Indian slaves, but the measure, philau thropic and liberal as it was, has failed to an swer expectations—chiefly from the character of the negroes themselves. In Russia, the classes to be elevated are superior, and entirely different. Yet it is impossible not to appre hend immense difficulties in carrying oUt the Czar’s intentions. Nay, in such a country as Russia, where tho form of Government is “ despotism tempered by assassination,” is the very life of the Czar quite Bafe ? "We have now communicated the leading points of most interest, connected with a movement which excites more attention in Europe than any other public question since the Reform Bill agitation of 1831-32, when England narrowly escaped the fatal horrors of civil war. The Czar evidently is an earnest hu manitarian—there are many and grave doubts whether be can carry bis plans into effect, and, if ho docs, what their ultimate result will be upon his subjects. These aro speculations upon which, however suggestive, we do not now enter. The Emperor of Russia in Wilua. [Correspondence of The Press ] Tho following lines from a letter from Wilna (Rnssiftn Poland) gives a graphic description of tho presence of the Emperor of Russia in that old capital of Litbuauia. On tho Oth of Septcmbor, we wore happy to wel come amidst us the generous and noble, the good and wine monarch, whose every step is marked by the best intentions to carry out- tho salutary re forms, which, changing the base of the imporial powor, promise a new future to the whole of the Russian Empiro. The whole town was prepared for that solemn hour, and met her liege with all possible demonstrations of joy and gratitude. Soon after bis arrival (about 12 o’clock) tho Em peror received, in publia audicnoe, nil the local authorities, as well as tho nobility and gentry as sembled hero from the three provinces (Wilna, Grodno, Minsk, and Kowno), and having address, od them iu warm terms, ho romindod thorn of tho initiative thoy had taken in the groat sohome of the emancipation of tho serfs, and assured them of his best intentions for tho oornmon weal lie aftorwards visited the oathodral, schools, and pub lic institutions. In the oveniog ho was prosent in tho National Thcatro. The next day he visited all tho benevolent in stitutions and hospitals, and put tho oornor-stono of tho depot of the new railroad. In tho oventng be assisted at a splendid ball, given in his honor by the assembled citizens Ho remained there about threo hours, and seemed to be in best humor, appreciating tho endeavors of his loyal subjects in making bis stay iu Wilna as agreeable as possible. At the collation be gave the toast to tho health of the assembled nobility and gentry, assuring them that “he will keep iu bis memory, as one of his happiest moments, that of his sojourn in Wilna, and will do all in his power to make them remember it as pleasantly as himself. M On the Bth of September, nt noon, the E nperor left our city for Warsaw, escorted, so tossy, by the wholo population, amidst the most entbusiastio ohoeTing. Before his arrival iu Wilna, at a distance rf about twenty worsts (ton miles) from the city, he acoeptcd a pariy of hunting prepared for him by the Counts Tyszkievicz. It wont off very plea santly, and the Emporor shot an elk and some olhor pleoes of high garao, after which he partook of a hearty repost, and left in the boat humor, plotted with tho cordial reception. The people of tbeso provinces are enthusiastic in ‘describing the manly, open, generous, and winning mannors of the now Emperor, and look at him already os the greatest of tho Russian Em poroTS. Tho noxtrosult of his presence at Wilna has to bo tho restoration of the University of Wilna, founded there by tho Polish king, Stopnen n/Ltorr v inls7B, and destroyed hy tho iron band of Nioholag fffTOS. Tbero is also a rumor that thero will bo a gen eral Congress of the Doputies of tho nobility from nil tho provinces of tho empire, to assemble at Petorsburgh, to device upon the means of carrying out tbe favorite sobome of tho Emporor, and really grout beginning at reform—wo mean tho abolition of the serfdom, is well as othor great questions of the day. In one word, the futuro smiles and ex* pcotation is very groat. The honest, generous, and upright oharootor of tho Emporor justifies all tho boldest anticipations. American News from Europe. (For The Press | A M. Clarlgnjr haa recently put forth a book in Paris on the History of the Press In England and the United States He bns evidently paid nludb attention to hia subject, but many of tho state ments in tho port detotSd to thia country, are of a nature to make us suspect that ho has falloa in with a most unmitigated qufzzer, who has been amusing himself at tho author’s exponee. Por instando, We are told that Alexander Hamil ton was a strict Presbyteriah, distinguished for his knowledge of theology. That Mr. Madison and Mr. Gallatin woro elcot ed President and Vico President of tho United States in 18li. That the National Inteltigenctr was originally a Federal newspaper. That Dr. Duobo wnß, at the samo time, Secre tary and Chaplain to Congress. That Jay, Adams, and Hamilton formed the strongth of tho American Democracy. That Blackwood's Magazine is a radical jour nal. That Josoph Neal edited a "Whig paper In Phila delphia, oalled The Pennsylvanian. That Walsh’s National Gazette was tho first American newspaper which hod anv subscribers out of the Stato in which it ia published. And, finally, that tho Lady's 800 - ha B about 30,000 rendor*. whilst Godcy's Magazine has from 15,000 to 2l) Ofill For alt whidh infomutton, let its bo, as In duty bound, pro perly grateful. Portraits of Washington. [For The Press ] The Press of yesterday announood the foot that our fellow-citizen, Rembrandt Beale, Rpq , will shortly deliver fi lecture on tho “ Portraits' of Washington.” ThU gentloiuna having himself painted one or more portraits of Washington, will} no doubt, givo us full and reliable nocouota of all the'known original pictures how extant. A Diary of Washington, ju*t published in Hew York, (embracing tho period from Ist Ootobor, 1789, to 10th Maroh, 1790.) shows that he was often onllod upon to ait for his portrait. As it may be of s»me interest to thosowboore ourious in suoh matters, I will givo from this Diary all notices of suoh sittings: • Saturday, Oat. 3 —“Sat for Mr. Ramogonear two hoars to day, who was drawing a miniature picture of me for Mrs Washington. “Walkod in tho afternoon, and sat, about two o’clock, for Madame do Breban to complote a miniaturo profile of me, whioh sho had begun from memory, and wliioh feho had made exceedingly like the original.” Thursday, 27th. —“I dined at a large and ele gant dinner at Faneuil Hall, given by the Gover nor and Council, and spont tho evening at my lodging When the Committee from the Town presented thoir address, it was acoompaniod with n request (on behalf, they said, of the ladios) that I would sit to have ray picture taken for the Hall, that others might be copied from it for the nso of thoir roepcotivo families As all tho next day was assigned to various purposes, and l was engaged to leavo town on Thursday early, I informed them of tho impracticability of doing this; but that I would havo it drawn when I returned to Now York, if there was a good.painter there, or by Mr. Trumbull, when he should arrive, and send it to December 21.—“ Sat from ton to one o’clock for a Mr. Savngo to draw my portrait for the University of Cambridge, in the State of Mas sachusetts,' at tho request of the Prosldont and Governors of the said University.” Wednesday, January 6.—“ Sat from half-after eioht o’olook till ton lor tho portrait printer, Mr. Savogo, to finish the picture of me, whioh he had begun for the University of Cambridge.” Friday, February 12.—‘ Sat from nine o’olook until eleven, for Mr. John Trumbull, tor the pur pose of drawing my picture ” Monday, 15th.—“ Sat between nine and eleven for Mr. John Trumbull ” • • y •Thursday, 18tb.—“Sat for Mr. Trumbull from nine o’qlook till ten ” Saturday 20 —“ Sat from nine until eleven for Mr. Trumbull.” Saturday, 27.—“ Sat for Mr. Trumbull this fore noon.” Monday, Maich I.—“ Exeroiso on horseback this forenoon, attended by Mr. John Trumbull, who wanted to seo me mounted.” Hero are four pictures of Washington taken , within a period of five monthß: a miniature by Ramage, a miniaturo by Madam do Brehan, a por trait by Savage, and a portrait by Trumbull. The Diary has a copy of a miniature painted by Robertson, in 1791, which, is unliko all other pic tures of the Father of hia Country that have fallen under my notice. H. TWO CEPiTS. The Bank of Pennsylvania* [For The Press.) The colossal folly-whioh built up this pile of granite andiron, is to be repeated by another fol ly equally unnecessary.' The building on which $330,000 wns so foolishly spent is to be sold, this evening, and the sale is advertised as peremptory. It is presumed the assignees are selling it in the exeroise of a sound discretion. The sale may be regarded as an official intimation that all hope of resusoit&tion has been abandoned, and 'that the stockholders may consider their entire capital sunk. It is nearly as disastrous to the creditors ; for this property was their chief relianoe; and in conjunction with the other assets of the bank, could have boon go used as to pay off the entire indebtedness of the institution, leaving the char ter unimpaired and active, and the stock of some real value. There is an unwritten history of these things, which we propose to give. In April last, a! stockholder of-the bank directed his attention to ascertaining its true condition, how much it owed, what assets it possessed, and whether there was anything doing or likely to be done by the directors towards relieving it from its embarrassments. Hq found the board discouraged .by the apparent hopelessness of the case, and without any definite plans in contemplation. But at the same time he found them not only willing. extremely anxious to adopt and carry oat any projnot wbloh offered the least hope for the stock* holders. The gontlcman referred to, after obtain ing all the information he needed, oonceived apian for extinguishing the debts of the bank entirely different from ony'that bod been suggested, and the president, Mr. Craven, promptly called a meeting of the Board to afford him an opportunity of sub mitting it. The dircotors responded to the onll amid full meeting was the result. A written plar. was submitted, and after being subjected to s thorough examination, many of the directors evin cing an anxious disposition to leave no effort un tried, the plan was unanimously adopted, and a committee appointed to unite with the proposerin having itoarried into effeot Tho assignees, who were present at this meeting, expressed themselves willing and ready to co-operate. They subsequent ly united with tbe committee in oil their efforts to promote the sucoes3 of the plan. It was simple, and ought to have been effectual It passed over the heads of assignees, of oourts and lawyers, and contemplated paying the debts of the bank by selling tho property to the credit. Ors. The bank holds 4,000 shares of Its own stock. It proposed that one class of creditors should put rondor their claims for this stock at $3O per ehare on condition that the bank was reausoitated. It was shown that these claims, if liquidated by sheriff and assignees, would not produce more than 20 per cent. At this valuation, the stock would oosb the oreditor only $6 per share, while a resus citation would unquestionably oause it to sell for. much pore. The 4,000 shares would thus extin guish $120,000 of debt. It was next proposed to put the banking bouse into a olub, to be. made up from tho great body of creditors, giving it to them at $300,000, subjeot to a mortgage of $40,000. and conditioned that the bank should occupy the banking room at a rent of $6,000 per annum. It was shown that the remainder of the building could'be rented for $8 000 more, making a total income of nearly four per cent, on the face of the claims. The interest of each claimant was to be re presented by scrip, which would immediately ac quire a definite value, and become available for'any ordinary business purpose. It was next proposed to sell AlHbone’s proporty to theoreditorsinthesame way. Those intimately acquainted with it had no hesitation in saying that it would thuß readily command $lOO,OOO. The other real estate of tbe bank is worth, at a just and safe valuation, 540,000, and wos to be conveyed either wholly or in do tail to such othor claimants as would exchange for it. Those soveral propositions embraced an assortment of property so diversified, and at the same time so valuable, that little doubtwas enter tained of the creditors being disposed to make tbe exchange. It was manifest that under the assign ment they could not realize over 20 percent., while by exchanging for property they would realize 60 t> 75 per cent. Under the assignment they will be seven yoars in realizing—by the exchange they would realize almost immediately. A property that one creditor would reject, another would gladly tuko. It was, moreover, asoertainod that many of the creditors stood prepared te fail into this arrangement, and that thero was no legal im pediment in oarrying it through. In addition to the forogoing items, it was assumed that tho bank would gain ®lOO,OOO by the destruction of its notes. "It went iniooporatlon in'l7o3 ; its'circulation had a! ways been large; and sixty-four years of ex tensive business, taking other institutions as guides, justified tho belief that this Joss of notes had token place. These several items produce the sum of $660,000 How, tho whole dobt of the bank was $700,000, leaving a deficit of only $40,000. Bat friends of tbe institution stood ready to supply this amount, and as much more as might be neoessary to pay any fractional debt not absorbed by the oxohange between the bank and its creditors. The b&nk, moreover, retained possession of all its bills re ceivable, valued at $751,000, txmob of which would undoubtedly be collected, if it could be made a living Institution, while most of it would bo sunk if it remained a dead one. But just previous to the failure of the bank, Allibone had obtained loans from the city banks to tho amount of $937,000, for whioh he had given the bills receivable of the institution to the amount of $1,122,905.70 os collateral. These hills were held under two trusts. In the orash which fol lowed, many of their makers had stopped payment, and it was quite certain they would not realize enough to repay the loan. There was, therefore, a contingent liability of somo $200,000, which it was necessary to be released from, as the prelimi nary step. To obtain this release, the following circular was addressed to all the city banks inte rested in the aforesaid trusts: “ Philadelphia, May 10,1868. “ Sm : The directors of the Bank of Pennsylva nia, iu conjunction With a portion of the stock holders, have adopted a plan for the resuscitation of the bauk hr compromising with its creditors, and extinguishing its entire indebtedness, to bo succeeded by the paying in of a new oapital for the u«oof the reorganized institution. A proceed ing of this kind is the sole dependence of the plundered and suffering stockholders for obtaining even a ftoodCrate reimbursement of the enormous less whioh many of tßem havo suffered. In the prosecution of this plan, Wfr rife authorized to say th.ntwo have the entire conCilfrenritf of the as signors “ But at tho outset of our undertaking, we find ourselves embarrassed by the contingent liability of the bunk, for any deficiency ihat may result from the inadequacy of the bills receivable held ia trust for th city banks to meet the debt for which they were given as collateral. We con ceive the effort to reorganize as hopeless while that contingent deficit is hanging orer U9,’ and, therefore, respectfully ask the city banks to acoopt tho collaterals now held by the trtfa f B created for tbeir benefit, as payment in full for tho debt* for which those collaterals were pledged, and to re lease the Bank of Pennsylvania from all liability under those trusts. This request is limited speci fically to the deficiency to arise under the trusts, and is not meant to apply to or ircldde any oiron lutiod. certificates of deposit, oheoks, or other evi dence? of debt, outside of the trusts, whioh may be held by the oity banks. “ Our reasons for ariring this release are fow, but thoy arc cogent. Pirst. It is the Unanimous opinion of directors and assignees that the assets of the Bank of Pennsylvania cannot be made to roalize to tho cfeditorti, under the assignment, a dividend of more than tmntf percent. The ex penses of tbo assignment, the loss of Ihtefeßt conse quent thoraon, the legal expenses, the depreciation of its property, and the ultimate realization by public sale, all clearly indicate an enormous saori fioo The assignees are no longer able to lessen the debts by handing over suoh assets as the credi tor might bo willing to recelvo, because litigation has already pot in, ond they are advised that suoh liquidation, ovod though manifestly benefloial to the bank, would be dangerous to themselves. While this forced ihaotion continues, expenses of all kindß go on, and to an extent clearly fore shadowing a reduction of the dividend proportioned to the time duriug which these expensive delay* Are to be submitted to. It is to prevent tho saori fioo now making and to be mode hereafter, that this appeal to the oity banks is made. “ Second. Many of the oity banks now hold va rious amounts of circulation. oheoks, certificates, &o As all those are outside of the trusts, they will be entitled to tbe dividend of twenty per cont whioh it is believed that the assignees will be ablo to make at some future day, but when, it is impossible to say. But by the contemplated plan of resuscitation, all these claims, outside of the trusts, will probably be satisfied at rates varying from fifty t> seventy-five per oent. You retain ab solute control over these claims, and are at liberty to accept or reject the offers of liquidation whioh we may beronfter make to you. On this branch of the proposition you will be Infinitely better on than under the assignment, .while on the main proposition, of a release undor the trustfl. yoa win bo no worse off than at present, as we distinctly ask only for a conditional ryleam— that is, that yon release ns from the trusts, provided resusci tate the bank. If we fall to resuseitato, yon stand The Bank of Pennsylvania owes, ont. side of the trusts referred to, some $700,000. Its .ir.ir, if wound op by lawyers. oourtß. sheriff, and arsieneos, will yield to its creditors a dividend on tMMsum Of $140,000 If yon accept our Twonosition. you will enable these oreditors to reoliie a dividend of probably $400,000; the enormous differonoe being saved solely by per mitting us to uso our property in paying our debts, r as property ought to be used. Wo rospeotfully submit whether, with a showing like this, your ! board of directors will bo willing to allow tho only t real difficulty in our way to operate in preventing theso creditors from realising a roturn so large that it cannot fail to be of great value to some or P™Wtd. The dividend of twentyper oent 11 e x‘.3i»‘E v »«• “ NOTICE TO COHR3EBPOWDBKTS. Corteupondenfa tot** Til Puns’* Will please bear fn “tod the following rules; Jfreiy commit'licatlott must be aooomptnled by t v i - ' vsl!** wrrer. la order to Insure corraotnesf if e 1 eheel should 1 e vanl* and otb*, rant asms of the *° ,*'»«'»“<» In - nKmrc« population, or may information - . .. “ *** to the general reader. in the discussion of this question, and fioi to *> > bo small for eaoh bank that we think iL.u when* - oert&ined by yourself, itssmsUneaswiU bbasgre.it a surprise to you as it has been to us. . “ Fifth. The conditional release now asked for Is the only, barrier to a resuscitation of tbe Bank of Pennsylvania. We are unwilling to beltevo that'the city banks will-continue to interpose this hindrance to our stockholders making an effort to repair some portion of a loss by whioh come of them have been almost beggared. A few figures will convince them that they are really abandon ing nothing of vatoe to them, though it is every thing to us ; and they could signalize their mag nanimity by thus permitting to other creditors the ohanoe of doing, not so well as they have done, but infinitely better tb&n those oredltors can do if tbe release be withheld'. The existence of a broken bank among us is no honor to Philadelphia. Take away the barrier we have indicated, and that odi um will be speedily removed. ** Any additional information you m&y desire to obtain will be oheerfullyoommunioated by the un dersigned, or by Mr. Lawrenoe Lewis, No. 486 Walnut street “We respectfully solicit a definite reply to this by Saturday, 22d inst. “ Very respectfully, • “Thomas Graven, President. W This circular met with no sympathetic response. The Philadelphia B-ink, the Penn Townships usd the City Bank, promptly aooeded to the proposi tion. But others deolined. The Bank of Com meroe deolined peremptorily, and, at a general meeting of the presidents the proposition was re jected One of the banks least willing to favor it held $30,000 of the circulation, whioh under tho assignment will be.worth $6 000, while under tho proposition it would certainly, he worth $lB,OOO. Yet no argument couid induce acquieaoenoa. A strong feeling of hostility to the Bank of Pennsyl vania was man Tested in several quarters, which the Committee of the Board labored in vain to overcome. Had this effort to remove the first . stnmbling block succeeded, tbe resufcitution of { :he bank was certain. The stock, now in no de