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 <?rd«rMv 3 v -C?'’ m
(-V* / { P yJjfBIpWKEKI»Y*Pa*M. v ;
of j the City at Tbbbi DoL-
Lißa : / .
;:■ • ■ “'* • •
s*Bfc Wbklt. «**- *® Bttbwribani .
mail(p«raiiiumjJna4Tanoej)at,.»»f«.;..'.... $2 00
.Thrae Copicifj (i .«-r < -TV W****'*'''**** 6'oo
slre5 Ire’Copies, *'•**•••»••• 8 00
'en Copies; *« ~ “ \; i4 *;,**». 12 00
Twenty Oopi'es/**' « (tabaea9dxess);....-20 00
?wontj-Qoples, or eteri «*’,(to F of each >
/ 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<rf .uftVnl V.V? - - v ‘-M «■?:»
-YS HNS,TRIPLES, AND SPORTING IM
iT'PLBSfEBTS. >' } *'* 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.
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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
<mand at a dollar a share, would have been worth
dollars.* The paying in of a new onpitaU
;even of small amount, would have given vitality
Iro assets now utterly worthless; its valuable char
ter would have been still useful to its unfortunate
stockholders, and old friends would have 'rallied
.round the revived Institution. In this effort at re
suscitation the directors acted vigorously and o&-
derstandirigly, doing their whole duty to the stock
holders- They failed solely because of the refu
sal of the oity banks; and to night will have to
witness the crowning mortification of seeing their
splendid property on Chestnut street melt away
under the hammer of the auctioneer.
GENERAL NEWS.
< The Dangers of Obtaining Prize Fight
ing Despatches —The hews of the result of the
prizefight iu Canada web. awaited by crowds of
pugilists in State street, on Wednesday Dight.
Numbers tarried all night. .At a late hour, a per
son employed lu one of the morning news; aper
Offices thought bo woold go rver to the telegraph
bffioe to rroeive and oonvey the news despatch
When it should arrive After waiting some time,
Ihe long-looked-for intelligence came. The indi
vidual in question possessed himself of his tele
graph sheet and wended his way to the printing
Offioe where he worked. At the eutranoe 1 of
tho building, however, three or four bullies bad
stationed themselves. They attacked the tele*
graph carrier and tried hard to obtain the
lespatoh in bis care. He shouted lustily for help,
until a stalwart Irishman was drawn to bis assist
ance, who proved a friend in need, as he. laid
about him 'so vigorously that the professional
fighters were scattered in all directions. Thus
helped, tbe sorely beset individual was enabled
to perform his errand,'bat he made
4a Inward vow never again to go after prize-fight
ing intelligence. —Boston Transcript .
1 The Clergy of New Orleans.— Three
Clergymen (one Protestant and two Catholics) have
'alien at their posts since the appearance of the
yellow fever in New Orleans this year. The Bui
if tin Bays:
•' More recently, the Rev. Gaylord D. Moore, of
the Third Presbyterian Chnroh, has been attacked,
tyitis rapidly convalescing; and now we have to
Announce that the Rev.. Dr. Palmer, of the First
’resbyterian Cburoh, aiid the Rev. Dr. Walker,
be presiding elder (of the Methodist Episcopal
Qburch) of this dlatriot, are both down with the
flpver.' We understand Dr.. Palmer's attack to be
very light, and no apprehensions are entertained
ns to the iesult. 'Dr. Walker Was attacked in Ba
rbu Rouge, where, we presume, he was sojourning.
Qar clergymen, as a general thing, have performed
their duties like brave soldiers during the progress
of this epidemio, and- their labors will.be appre
ciated long after-the ajourge shall have passed
away.
, Small Change tor a Deserter.—A feK
Iqw who deserted to 'the enemy' from the English
rinka when before ''Sebastopol, and' by bis
troaohery caused the.- slaughter of a' number
o( bis ocmxaifevhas just been captured in Man
chester,' Englandj hwaitri the"sentence of
a Court martial. 'The treacherous information he
give of the position of the company he had de
serted from, proved a guide to the Russians, who,
making a determined attfeek upon them the same
night, , killed Captain the Hon. Cavendish Brown,
and thirty men. Tole was not given up with tho
oxohange of prisoners &t the end of the war, but
wpnt to St, Petersburg.’ Desiring,'subsequently, to
return to England, he contrived to obtain a pass
port, and had been for some time in New York.
|Naval.— The United States ship Vincennes
was at Porto Grande, island of St. Vincents, on the
2G.'h of August, recruiting the health of the orew
after a six-months ernise on the southern coast of
Africa. All her orew were well after a few Tuna
on shore.' Our correspondent on board states that
the Cumberland, Dale, and Release were at Porte
Prayaon the 15th of that month The Vincennes
met tho practice-ship Preble, with ninety-seven
American midshipmen on board, all in splendid
oopdition, good health, and under splendid disci
pline. Tho Preble bad sailed for the United
States having ran into Cherbourg and Cadis. The
hope of reviving tbe grape Culture at Madeira wa*
given up. Trade was dull at Porto Grande. The
Vihcennes was proparing for a oraise in the Congo
river and the Bight of Benin.
Outrage.—An outrage of a high-handed
character took place at the Grammar School Home
at .West Roxbnry, (Jamaica Plains Mass.} on
Thursday last. It appears that a lad name!
Byron was punished by Miss Drake, a. teacher of
the.sohool, for truanoy. and finally expelled. This
wafc approved by the school oommittee. The fa'her
and mother of the lad went to tbe school room
Thursday, and Mr Bryon held tbe door »hile hi 3
wife committed certain outrages againri Ml«s Drake
the school mistress. The scholars being frighten
ed by these proceedings, one of them managed to
escape and give the alarm. Mr and Mrs. Byron
will be arraigned on a oriminal charge.
Lite Insurance.—Mr. S. M. Holden, of
Ann Arbor, Michigan, was found one morning,
abodt a year sinoe, on a vacant «pot of ground with
a pistol shot through his head, from the effect of
which he died some two days afterward, refusing
or unable to give any explanation of the -affair.
He had bis life insured at the time in various com
panies for $29 000. His wife has commenced suit
for tbe recovery of the insurance, which the com
panies resist on the ground that bis death was ob
tained by thosehaving an interest in the insurance
for the purpose of getting it. The decision of the
ofteq is looked to with interest.
TiiE Mt, Vernon Fund.—Com. Stringhatr,
in command of tbeCbarleatown (Mass.) navy js-«?,
has transmitted to Mrs Louisia l Greenongh rice
regent for Massachusetts ef.tbe Ladies’ Mount Ver
non Association, a draft for $358, being the amount
of subscriptions in aid of the ladies’ fund for the
purchase of Moant Vernon, made by the military
and oivil-officers and other persons attaobed to
the bavy yard, and from tbe officers and orew of
the receiving ship Ohio.
The National Faib in Virginia.—Exten
sive preparations are going on for tbe annual fair
of the Agricultural Society of the United States,
whioh is to be held during this week at Richmond,
Virginia: The annual address is to be delivered
by tbe Hon. Caleb Cushing, of Massachusetts.
Addresses ate also to be delivered by Governor
"Wise, and Messrs. William 0. Rives, James Lyon,
and William Q. MoFarland, of Virginia.
Banquet of Venezuelan Commissioners.—
A grand banquet was given on Saturday at the
Metropolitan Hotel, by tho Venezuolan Commis
sioners. to the Mayor and Common Council of
New York, in return for the hospitality which has
been'extended to General Paes, the exiled Presi
dent; of Venezuela, who' has recently been re
called to his native land, and who will take hi*
departure therefor from New York in the course
of a fow days. \
A steam oanal boat isjust receiving her
finishing touohoa at Buffalo, N- T.. with capacity
sufficient to carry 1,800 barrels offlour. Her en
gine is rated at 80-horse power. This boat will be
one of a regular line of paoketa between that oity
and New York, eaoh boat being calculated to tow
another of equal size.
Trade with Japan.—Betters from San
Francisco, September 23, state thatjm »niy»J at
♦hat, tilaoe from Japan brings advioes of some im
portant concessions from that Government In the
way of trade, «fco.
Washington Irving.—'We are pleased to
learn that this gentleman, who was reported to be
dangerously ill, is now said to be convalescent, and
is engaged in finishing the fifth and last volume of
his Life of Washington.
Declination. —The Hon. Erastus Brooks,
in a long letter, full of bitterness towards the Re
publicans, declines the nomination as candidate
For Congress from the Eighth Congressional dis
trict, tendered to him by the Amerioan party.
From the West Ihdies.—Recent dates from
nearly all the islands of the West lndiec report
that the sugar orop is unpreeedentedly and
that the prospects of low prices for the article
were nevor better.
California Surveys.-—Tho General Land
in receipt, by the last mail, o£ surveys ard
2ffi? of private oleums in California coverirg
p r “. n 5 521 aores, besides surveys and plats of
pSbHe lauds containing upwards of 49,000 acres.
Abolition of Slatekt.—ln a foiv months
nil the slaves residing on the island of St Eusta
oius, one of the West India group belonging to
the Government of Holland, will be emancipated.
Deaths in New York City.—There were
360 death* in New York oity last week, showing a
decrease of 70 a* compared with the mortality oi
the week previous.
Antoine Le Olaiee, a' half-breed Indian,
living at Davenport, is said to be the rinhest man
in the State of lowa. Governor Grime* rank*
next in wealth.