Cll fit ss. TUKSDAY, DECEMBER 21, 1868. riaw.Ei,aji^i)aur«l.Hy; The Coast Borvey;;Tho, '.Montgomery and English Affair,; Supporting-'ft.of ,tho Yan Bnren Bast'ilo;; 'General News ;' The .City. , , The News. Inithe.Enited States: Sonata .yesterday, tho Faoifio Railroad bill was under consideration. A gratifying indication of-the fetllng of that body in regard to the iron interest was afforded, by the adoption of ah amendment'providing that Ameri can iron only should be.used in its' construction, by a vote 0f.25t0,23. The' House .concurred in the p’rbpotftion'of ‘the 'Senate to adjourn over from the 23d of-December to the 4thof January. Th’o Vanderbilt steamship - Ariel arrived at Halifax in twenty* days from South ampton. Kernews has boon anticipated. Daring a heavy..gale on the 81h -inst., ber commander Captain Ludlow, was instantly killed by a heavy Boa striking tho ship. /“Her second officer and twp of thoseamen were severely injured bytho same O&UBfl. - , , i' - ■ “ The-Mexloan and Central Amerioan Coloni sation Association .name of a secret so olcty, whfoh, “ they say/Ms extending rapidly throughout the different bittes of tho Union—for what ; pun»» may easily, bo imagined. “ They say, n also, 1 that many of 1U members are very wealthy, 1 which’ is hot'a .bad woyin induce poor adventurers to engage in any soheme of filibua* terism that may be started. " ThVSenatepf South Carolina has passed a hill making an appropriation for the erection of the proposed monument -to the Signers of the Deolara tionbf.lndepcnde’noo, in. Independence Square. It will probably pass the House also. The. other original twelvn. Statos have already made tho jm oessary appropriations for this purpose. The total cost of the ‘monument will be $12&,000, .and the allotment’'Of the''expense is as follows: Now Hampshire, $3,000 {.Massachusetts, $11,000; Rhode Island,' $2i000; Connecticut', $4,000; Now York, $38,000; .New.. Jersey,., $5,000; Pennsylvania, $25,006; Delaware,-$1,000; Maryland, $6,000; Vir ginia, $12^000; North’ Carolina, $3,000; Georgia, $3,000; Sooth Carolina;. $6,000., H6h. John Stidell-hae written a letter denying that he ever had'stated’that'Senator Douglas’s slaves' are badly treated. He. says: «< X have no' ’reoOlleotiot’of ever having spoken of Mr. Do'uglas’s sldtes';"it is possible that I may have;,been as£ed l If,be had any property of that description. If so, I' could Only have answered that they were employed in cotton-planting on the Misslsstppl-river, and were - in possession of an old and 'valued '-friend,- James-At MoHatton, than whom a more honorable man or a Better master oannot be found in Louisiana.” '' He also states tKat his visit to Chicagowas solely upon private business, and that he was not.on gaged Iff'a pplitioal against Senator Douglas. - It is rumored that a grand treaty of peace bo tween the New York politicians has boon con cluded at-Washington, under the auspiceiofMr. Buchanan; hut Fernando Wood, on the'part of the anti-Tammanyites, refuses to acknowledge the validity of ,this adjustment, and he declares that they will submit only to the deoision of the-peo plo.;,,;;j; , A meeting of tbe stockholders -of the Chester .Valley'. Railroad was held yesterday, at which considerable excitement, in regard to the .lease'of the road to the Reading Railroad, was manifested, deposits, $16,583,683; circulation, $2,663,360, Proceedings have'been instituted.for a full in vestigation of the -circumstances attending • the alleged landing of a oargg;of slaves by the y a’oh t Wanderer./ The opinion now seems to be that- the •laves were brought aoross the ooean in a vessel which! was' subsequently scuttled and sunk. Tbe statement of the Philadelphia banks, made up yesterday afternoon, presents the following ag gregates : Loans, $26,116,640; specie, $6,323,454; Hou. James" 6uthrle> Late Secretary of the-Treasury. ' ' < QUTH&IB’S BBPORT OF 1854-6, PACE 12. “ Unfler laws of great wisdom ‘ and forecast; all m&nufaaturisg countries, , except the United States, how admit the raw material used'ln’their productions free of duty, .thereby giving copstant and profitable employment to capital .and labor,, and enabling their' factories to famish a cheaper article, and better command both the home and foreign-market/ ’with beneficial'employment -to their tonnagedn making,the exchanges, . - “ The United States, under the .Federal Consti tution, enjoy perfect freedom of. trade with each* other, 1 in all. their .agricultural, manufactured, mineral;, and otherVprodnctions. 'Aa to the raw maUrial prpdncedJn’tho United and used In the ofpther-ocraiible#, those countries, : free. nS9w oounuies, -mm'-iumbu - ui- lame-fcwiloin; thua failing to'allow tHeßam. oonetaat and profitable employment of-opr oapital and labor, and ihoeenro beneffolsl ocoupaßoirof tbr boms And;foreign market wUh bh.ap'-irtfolos.'cif our own manniaotdrej'and tho same beneficial' ployment of our'tonnage in making .the. a*: changoa.” . ■ . GDTBHIK'a RXTORTOF 1855-6, *p ; ‘2B. (! It seems to me that good policy requires tho raw material used by onr manufacturer, to' I>6 ex empt from duty, and our manofw turqraplaoed on an equality with those of Great Britain and other manufacturing nations, who admit the raw mate ■rial to free entry. A tax. upon the raw material, is oalonlatedito.inereose the oostof the production; by. the profits of 'the -importer- on -the tax ofthe raw material, and the profits of the manufacturer nponhis outlay for .that, tax,' and tho importer 7 * profit thereon, and of the merchant through whom lt'paiies 'io the' consumer, intorferiag with' the '• manufOoturer’a'onjoymqn t or both the homo and the 'foreign market, on tho. same, advantageous terms ofthe manufacturer of other nations, who obtains the raw material free of'duty. VA alngle example' Illustrated, the ease: 'Great Britain admite wool, a raw material .freeofduty ,and the United States Impose upon it a duty of .30 per cent. This ena bles'the English''manufacturer to interfere with the Amerioan mannfsoturer in the Ameriaan mar kets, and-to exclude him from the foreign market. It dees more pit surrenders the markets of the na tions, producing the raW material, to the eonntries who take' it froo of duty. ' Oar manufod taring and ' oommorolsl States enjoy tho markets of our plant-, ing and provision Btatos, because, there exists no impeding dntyi giving prefefehoe 'to foreign na-' tlona; bnt our manuiaotoring, oommeroial. and provision StatWdo not enjoy the markets of Mexi co, Central and Sonth Amerfda, and the West In dies; nor of Other nations Inhabiting the shores of the these nations do not manufac ture, ana havelittlo else for oommeroial lnteroonrse thanihe raw material which we tax, and other no tions toko free ofdnty,in exchange for manufachm s and other prodnetions; and, although we arc more, favorably situated for oommeroial lnteroonrse with' them, wo yield tho trade to'tho European , nations.' Hast the .suggestion for the admission of the raw material—tho productions of those countries—free of duty rtceived a favorable oonsMoration at the first session of tho Thlrty-thlrd Congress, we would - have been Importing tho raw material, the pro ductions of thoso oountrles, in'Car Bhips, and those countries Would'have been taking-from us, In ex ohange, tho productions of nil sections of the Union. Tilth iprojudioes and antipathies lesson ing, we.wonld soon have, become, hound to them,- and thov to ns, In the strong and enduring liga ments of .mutual and beneficial oommsroe. Addi tional emplOvmentwonld have been secured to our tonnage, and additional markets for our manufac tures of o’ottofi and other pfodoots. Mexico, Cen tral America, South Amenoa, the Westlndles, and other, nations on'the shores of tho Baolfio, would have boen learning to.oohfide in ns, and we would have bad an Increased interest in the stability and prosperity of-their Governments. - The enlarge ment of the free list, and the admission of the raw material, ; is suggested as the best add surest mode of giving benefioial employment to. our tonnage, ana increased benefioial markets for ourmanufac tures .and other produots, and of cultivating amity and friendship with our. Southern neighbors; and also-the, beet jnoanß of promoting our. own prow parity, next.after the' mutual free trade wo enjoy with each. othsr. Mutuai beneficial oommorco is alt that is required to establish with those nations lasting relations of peace and friendship, and re move iromthelr minds all approhendlon from our expansion.' We should seek commerce, and not dominion. When they shall know and fool that commerce: alone,.is our objeit, and that it Is as benefioial to them as to ns) we shall win their oon fidenos, and ourfrlendship wilt be lasting.’' It Trill bo geen tliht Mr. Guthrie, who was by no means a-higtt protectionist, but, oh the contrary, astronuous advocate for tho! reduc tion pf-the duties upon imports to the lowest rates consistept wlth the requirements of the' revenue, persistontly' recommended sneha dis crimination.irlevyingthe customs as would most’ contribute to the manufacturing pros , perity,,pfj.Jhp nation, and thrpugh it to,all the other.vintorests ihvolved in It. . “theoretic .principles,” nppn-:whlchi he says a > tariff act. should be frtfhfedj'.danhaye 'no othor operation, in prac tice Jhan the destruction of our manufactures, an4hij';'e\jriall/ 'pernlciouB : hearing upon, our agricultmui-welihre,' both directly and indi rectly. . He,proposes “ totax in preference to., other,-; speh’ articles as are’ not produced in this conntiy.” ’ ’ Not to exempt from taxation . such as aro raw material for our manufactures, ■ but speicigßy ‘ to 'single theth opt for the impo attionfof . thV highest duties; such as raw silk, the coarsd wools of South America, which we do not raise,;andcafinotin our. climate culti , vateybut which are necessary as materials for ‘ ** hoarser cloths, biankqts, and flannels, and a fabrics t; and all'the'dyestuffs of , tropic; He wpraip'nmkanfoTOvor Impossible forus to com pete.with 4honatb)nswho whieiy, as Mr. Goin nfofcftito as they impelled torosort.to,idlitlih- oWeeto of texa f OTthe’support ortheir-Gdvornmontsi-jEn'e-' .-land Jays a hoavy duty up6rf;khpcc < -gHndpthe malt'liqaors' ofhorfcwn;maiihfthL ; lettalfjlntojie.rportafre'o of "duty. "* ;"?**£ >?!*%! ■ duty 'on tea, coffee, spteos; j;^94; r »4.**Hiele»; pf. common sqpsumptioh : which our people universally use, because we do not produce them, adding the burdens of the; Government to their cost to the con sumer, without any possible compensation to them., ... , His principles also discriminate most ma lignantly against tho farmer.. Guano, which ho must import, for instanco, must go into the highest list of duties, and every thing which he produces mußt ho stripped of all de fence . against foreign competition. Those finer qualities of W.obl which are tho common product of our dlimate, under tho operation of the (£ theoretic principle” that among arti cles produced, here,those, on which tho homo product boars tho least proportion to the quantity Imported.- are the fittest for tax-, atlon,” and thoso, therefore, which boar tho greatest proportion to the imported artlelearo to bo taxed le-.3t. Our wool would bo loft un protected, our pprts would bo oponedtothe foreign-article, and the farmor must meet their competition at every neighbor’s fireside. The same principle applies to his wheat, flour, pork, beef, flax, hemp, potatoes, and all the staples and stock which his industry produces. And all this for the sake of protecting tho consumer ftom such enhancement of price in commodities as a tax, as ho calls it, npon imports must add to them. But every consigner in an industrial community is also a producer, and ho cannot bo bene fited as a iCpnsumer by such polioy with out. being at the same time ruined as a producer. Tho «theoretic principles” of tho Seoretary seem to us as blind to this practical trdth as they are monstroua in speculative results. OS’” Grasses D. HntELiHE,Esq., has issued tho prospectus of a now Democratic paper, to bo called “ The Pennsylvania State Sentinel,” the first numbor of which will he issued from Harrisburg, our State capital. Mr. Hihelise is an experienced practical printer, a vigorous writer, and an onorgotioand enterprising man. Ho is resolved to make “ The Sentinel ” a paper worthy of tho confldonce of tho people, and wo beliovo he will sucoeed. BY MIDNIGHT'MAIL. letter from Washington. [Correspondence of The Press .j ■Washington, January 20,1858. I am convinced that if the right steps .were taken, there could be suoh a revenue measure adopted, at the present session, as would he satis factory to all oonoerned. Those who taho the other ground are, in my judgment, the worst cno mioß of the real welfare of the great interests of tho oountry. I have seen enough of the South to feel that there is a very kindly disposition on this question,and that if prudent and statesmanlike oounci)B are adopted the wholo difficulty can be ar ranged. Mr. Buohanan is bold in his declarations against borrowing money, and tho Union says it Is not at all an impossibility to frame a tariff com* oining both ad’valorems and specifics. Mary land is interested in the immediate adjustment of the question; so is Tennessee, Virginia, Kentuoky, Missouri. ’ Two classes of. politicians deßire to push the matter over into the new Congress; one the extreme freetraders, and the other the high pro* teotion people, who take the tariff as a party hobby* and want to make it a national issue. Both these combinations aro.ihe enemies, intentional or other, wise, ef any permanent system; the free-traders for their own' sakes, the ultra prohibiitonists beoause they expeot to - oarry a tariff as a party measure. The next being the Presidential Congress, it is very easy to prediot that very little can be done for oar manufacturers , then. Betides, if tho presont law shall by that time begin to produoe enough revenue to pay ex- we shall bo told that so new arrangement is necessary; ’and on this plea we shall be again postponed till another orosh takes place. Tho course of all movements on the tariff is that they are]made party movements.' Mr. Buohanan fro fosses to be ready to movenow. The Government wants money now. If ho is tinoefe, he ought to gotithe South to follow him. Let us give him tho chance. Lot as keep him up to his word. And do not'let us be prevented from doing our duty by the croakings of partisans who want to keep the tariff open for their own sakes. The iron manufacturers of Pennsylvania) and the laborers everywhere, caspot be rallied to the polls in favor of protection hereafter by those who know their present suffer inge,Jfthe'presont situation of affairs at Washing* •;tdnJiflhit;improved.; , Qenorat Bowman. *- the'rpnbiio prinUng' nt % gnat rato. Be bal cavod, orttrpogU tosaveyabotit ahalf million in two year*. Baud for tho aeberOjl ! Honor to whom honor Is rtg-.V. " ; . The feeling in the Sooth is getting to be contagwus/ In: Mississippi General Foote is making-quite, jv.‘*tlr,. >. Though, ho did join the Know-Ncrthlngain,California, he is none the less adroit, skilful, and energetic* lam told he looks younger than ever in liis new suit of block whis kers.. It is known that Senator Brown llkos Dodglas, that Hon. D.B. Wright, an able member of Congress four years ago from Mississippi, is for Douglas; and that the old Union party of the ,same State is far from being extinct. In Georgia James Gardner, Judge Wright, and many othors, lnolined. In Louisiana Douglas men ,are;as plentyas the new orop of oranges, whioh Is said to be greafer than ever; while in Tennessee it |ls no- longer a crimo to ory out for! Douglas, though Eastman, of the Nashville I Union , editor and mail agent, should earn his wages by abusing him and his friends. I Theopponents of Douglas on our tido'of Mason 1 and Dixon are not the most loving frionds. Mr. Jefferson Davis is not greatly enamored of Secre tary Jacob Thompson, of the Interior; Mr. Sena tor Nicholson, of Tonnessee, is not the brother of Postmaster Brown ; Mr. Slidell Is not very muoh smitten with the great Mississippi Senator, and Governor McDonald, of Georgia, is not the de rated servant of Governor Cobb. Then there is the | great outsido circle of spectators, by no means all hostile to Douglas; such, for instanoe, as Brockin , ridge, Orr, Keitt, Hammond, George W. Jones, of Tonnessee; Senator A. Johnson, Senator Hunter; Sandidge, House of Representatives; Senator j . R. W. Johnson, of Arkansas; Rust, House of Representatives, Arkansas VHevordy Johnson, of Maryland; Judge Reid, of North Carolina; Senator Clingman, of North Carolina ; Editor Holden, of North Carolina; most of theDomooratiopapers in Louisiana, do. Ido think “ the blood of Doug lasoan'proteot itself.” 1 The Now York officials, Tammany and anti-Tam manyltos, now here, have hod a great symposium under tho sagacious load of that oooontrio gentle man, George N. Sanders. These jolly dogs almost llvo hore. They tako their own way about mat ters and things, go for regular or against regular nominations, just as it suits thorn, and snap their fingers at Federal power. Soholl runs against Sickles ’and stay's in. Wood opposes Tammany and holds the President’s oonfidenoo; and the im mortal George Sanders adhores to It. J. Walker and to his officio of navy agent at tho samo time. A letter from Fernando Wood, announcing war to the knife against the Tammanyites, is reported, whioh, If true, will knook all the soup in the firo. Pionbbr. StTTERIOR AMD ELEGANT CABINET FURNITURE Sale of Hr. Lojambrcsa stook this morning at his warerooms, No. 1012 Chestnut street. Babb and Valuable Books.— Sale continued this evening at the auction rooms, Extra Valuable Real Estates, Bark Stocks, Mortgages, Ground Rents, Ac.— Avery large sale this evening at the Exchange, Including Jones’s Hotel, Chestnut street, a Delaware Farm the Country Hotel Property,Goal Bands, City Dwel lings, about $30,400 of mortgages, eevoral Ground Rents, first-class Bank Stocks, Ac. . Tub Elegant Residence, No. 1321 Walnut street, will be added to this sale. See Thomas & Sons’ advertisements of tho three sates. Auction Notice— l,3oo Lots Fancy Goods.— B. Scott, Jr., auctioneer, No. 431 Chestnut street!, above Fourth, will sell this morning, commencing at 10 o’olook, tho most extensive aasortmont of rich fanoy goods offered this season. Tho aalo will con sist- of entirely new goods, never offerod for sale before, and comprises some of the most desirable styles. We ask tho partioular attention of the ladies to this sale, which will be found well worthy * their attention.’ . Pianos and Melodeons for Christmas.—J. E. Gould, Seventh and Chestnut streets, has an elegaßt stock of Mason & Hamlin Melodeons, and Raven, Bowk, & Go., Nunns & Clark, and other Pianos. - . I3P Attention is Invited to an advertisement, in',another, column, headed > (< $l2,OOO—A partner wanted.” A rare opportunity is offered to a per son desiring to engage in a well-established busi ness. The Slaver Wanderer* Savannah, Deo. 20.—The Republican of this morn ingbrlefty reports the proceeding on Saturday relative to the yacht wanderer. The prosecution was conducted vigorously by the Attorney General.aift luted-by Henry *A. Jackson. The prisoners were defeudend by Messrs;-- Lloyd and Owen*. Two* witnesses—Dr. Haslehurat, of Brunswick, aud OolleotorMabey, of Darien—were exa mined. Dr. Haitahutet testified that he professionally' attended tfic 'Jekyl Island, and-that they appeared to be freshly imported, and unable to under stand tftbey testified that thf Wanderer ‘had,no appearance., of being a slaver. The prisoners of witnesses have been istfhp&iied ft bin differentportions of the coast of the States 'The triathrtHprobAhlyacoupy'many weeks It isgene :raJteaiJmitte4 that lh«,Wanderer brought no Afrlcsns, but that they were landed, from a sup whioh was sub eequently sduttied and sunk. !JThe‘ Seamen of-thc Bark £• K« Kane* Bavannau, December 20.—The bark Ceres, fromßrlc .tol,‘SftigUuid, arrived hdre on J Saturday with Captain j. Satnuol Hart, si al } do. No. 13. John Reynolds, si al, vs. Robert Forsyth, do. No. 14. Wm. Kellog vj. Robert Forsyth, ditto. " No. 35. Richard Gregg vs Edward P. Tesson, ditto. No. 18. Thomas Meehan, et at., vs. Robert Forsyth, ditto. J * No. 20. Charles Ballanoeos. Robert Forsyth, et al. ditto: No*. 48. James O’Qotmor vs. Robert Porsyth, ditto. [The above were writs of error to the Circuit Court of the Northern diatriofiof Illinois.] SNo. 29., Ross Winani vs. the New York and Erie Ball ad Company. Argument concluded for the plaintiff. No. 20. Daniel H. Lansdalb- et al , t-r. Isaiah L. Par rish Argument commenced for.appellant. Trade Between the United States and Washington, Dec.2o —Official advices, received from Hamburg, state that the proprietors of the llna of Ateamorg between Lubeck and St. Petersburg, have made arrangements with the Hamburg and New York line, by which they propose to establish, at low rates of freight, a direct system of transportation from New .York to St. Petersburg, via Hamburg and Lubeck. .The facilities now combmlog, will enable them to for-' ward goods from New York to fit ‘Petersburg, every fortnight during the season that navigation is open, consumiog-only three weeks time. It is also stated that the arrival at Hamburg of the sohooner Harriet, from Sandusky city, Ohio, occasioned much surprise and gratification, and her cargo of yatua* W fontf woods brought fair prloea at auotion. THE PRESS.—PHILADELPHIA, TUESDAY, DECEMBER 21, 1858. Second Session, Russia* ltiot at Ito'chdnle Station, on the Lehigh Valley llailroad--A YoungManCeaten to Death. Allrhtown, Pa~, Deo. 20 —A riot occurred on Satur day night, at Rockdale Station, on tbe Lehigh Valley Railroad, during whioh a young man named Ref-n was beaten to death. Sixteen of tho rioters are lodged in tho jail here. Filibuster lutulliKOllco. THE BCITOONF.R SUSAN—THIS OIIJKCT AND DETERMI NATION OF TUB EEADRUH Q\» Tllß KXPBDITIOH. Mohilh, Doo. 19—It is stated hero, on the best au thority, that tho schooner Busau sailed for Nicaragua,’ with the firm determination on the part of the leaders of the expedition not to allow tho British, or any other foreign Power, to stop them without resisting till blood is drawn—their purpose being to test the disputed points ot the international law. or to oompsl England to make an early exposure of tho grounds of her as sumed protectorate over tbe San Juan river and its ad jacent territory. It is thought probable, however, that they will not fall in with any vessels-of-war whatever. Fire at Cincinnati. - Cincinnati, Deo. 20 —On Saturday night a fire broke out in a building occupied by a Messrs. Breed, Barstow, Sc Co., whioh wan destroyed, as well as the store or Crane, Breed, Sc Co., manufacturers of metallic burial cases, on Sycamore street. The former’s loss is from $3,000 to $6 000, on which there is $2,000 insurance. The loss of the latter is $15,000, of which $O,OOO was insured. The adjoining stores of George Bhillito and George Qonshaw wero also considerably damaged. Sewing Machine Injunction. New Havre, December 20—Judge Ingorsollhas de livered an opinion sustaining tbe Wilson Sewing Ma chine patent for the rough surface spring feed, and granted an Injunction against the Atwater and Hebron Machines as Infringements of the p&Unt. Markets by Telegraph* Baltimore, Deo 20—Flour is firm; sales of 1,000 bbls at $6 00®5 12X • Wheat firm; sales ot 25,000 bnßhels at $1.30®1 50 for white, and $1 23 for red. Corn firm; sales of 10,000 bushels at oiao6o for white, and OOaOSc for yellow. The Provision market is unchanged. Whiskey is steady at2s#®2oo. Cincinnati, Deo. 20—Flour firm; sales at $4 76® 5.50. Whiskey dull at 23c. Hogs firm hut unchanged; sales at $0.2507, the latter price being for heavy weights. Hobs Pork is in good demand at517.50©17.76: sales of 2,000 bbls fopring delivery) at $lB. Charleston, Deo. 20.—Cotton unchanged; sales to day 8,000 bales. Savannah, Deo.2o.—Cotton firm; sales of I.oCobales to-day. Augusta, Dec. 20 —The sales of Cotton to-day wero moderate. THE CITY. lE/* Soe firstjpage. The Chester Valley Railroad—Mbetihg of Stockholders— I The stockholders of the Chester Valley Railroad Company met yesterday afternoon, at room No. 2i Merchants’ Exchange. Mr, Charlos Henry Fisher oocupied the chair. The minutes of the last meeting were read and approved. The report of the committee anpolnted at the last meeting was read. The various bids for leasing the roA»l had been examined by the committee, and the terms of the different proposals were referred to in the report. The lease had been awarded by the board to' the Reading Railroad, but the comraitteo were of opi nion that better terms had been offered by the German town railroad. The report concluded as follows: “ But tbe oompletien of a lease, so far as tho presi dent and directors of tbe Chester Valley Railroad Company are concerned, renders it unnecessary for your committee to dwell farther bereou, and the whole mat ter is referred to your consideration.’’ Mr. Taylor urged that after the bids had been neot in, the Gormantown Railroad Company were permitted to “ explain tho effect of their bid,” which was in effect the offering of a new bid. The board had thought the Reading bid was the best, and they had therefore recom mended the acceptance of their bid. They intended to act iu perfect fairness, and they thought they had done so. Another stockholder was of opinion that the hoard had acted in the matter without reference 1o the interests of tho stockholders. The stated that the question before the meeting was simply the acceptance of the report. Mr. Holßtein, one of the executivo committee, pre sented a written statement of his reasons for differing from the mojority. He did not consider tho guarantee of the Germantown Railroad a new hid. Tho Reading Railroad Company had been permitted to amend their bid. The vice president of the Reading Railroad Company explained & portion of the statement which referred to the bid of that company. A gentleman urged that the contract should bo Tend. Mr. Smith, superintendent of the Norristown Rail road, urged the adoption of the report. The question being taken, the report was adopted almost unanimously. Mr. Corßon submitted a preamble and resolutions. The preamble seta forth that the president and four of th* directors of the Chester Valley Railroad Gora- Sany had executed a lease of tho road to the Reading -ailroad, in direst violation of the request of a large majority of tho stockholders, as thoy believed that the terms offered by tbe Norristown Company were more liberal. The first' resolution sets forth that tho president and foar members of the board have proved themselves un worthy of tbe trust heretofore reposed in them. The second resolution requests the secretary of tbe Chester Valley Railroad Company to notify the Reading Railroad Company that the lease is not deemed bluffing, and that the said Reading Railroad Company be notified not t> take possession of the road. The third resolution continues the committees, and instructs them to consult counsel, Ac. The fourth resolution instructs the secretary to enter the preamble and resolutions upon tho minutes. On motion, it was determined to consider the resolu tions separately. Mr. Taylor doclared that If tbe Rtockholdera were dis posed to pass snob a set of resolutions he felt like hav ing nothlug more to do with tho question. Mr. T. spoke in strong and feeling terms of the cruelty of offer ing suob resolutions regarding a sot of men who had endeavored to do the best they could for the interests of the company. Mr. Taylor urged that the bid of the Reading company was, in his view, bettorthan thebid of the Norristown company. * Tho chairman was desirous of calming matters, while looking to the interests of the Chester .Valley Railrdad Company. He was authorized to say that all paititi woufafr* »p)jng to to the lease 16 the Reading lease be guarantiedloVtA^iS^AU^.M- I^*l frn ' r t< : A warm debate arose as to the prouriety of passing the resolutions, during which the merits of the question' between the board and the stockholders were dUcudsid’ With much spirit. The ohairman stated that ho bad proposed to the vice president of the Reading Railroad Company to guarantee the amonnt figured out as the result of the lease as a means of calming feeling and reeonelllrg .the conflicting interests. Mr. Steel, theMce president of the Reading Railroad Company, attempted to explain the conditions of the lease During his explanation, Mr. 8. was urged by Mr. Cummings, and other geutlcmon, to give esategori cal answer as to whether the Reading Railroad Com pany would guarantee the results set forth in the cal culation. He declined dolog so. Mr. Charles Henry Fisher, having left tho chair, made some remarks explanatory of the course of the board of directors, and stated that he had been informed that members of the board had been elected for the purpose of securing the lease to the Reading Railroad Company. He hoped that the president and board of directors of the Cheater Valley Railroad Company would be cen sured in the very strongest terms. Mr Taylor exnlainod his course in regard to the election of the board preceding the making of the lease. After considerable discussion, the first resolution was modified, by striking out certain offensive words, hut retaining terms of censure. In that form it was adopted. The second resolution was, after considerable discus sion, adopted, when the meeting adjourned. The O’Donnell Geode.—A group ofsevoa of this illustrious family were up before Alderman Kil linger yesterday morning, on the charge of drunken ness and disorderly conduct. It appears they all re paired toagioc«Ty.kept at Tenth and Mervine streets, on Sunday afternoon, and indulged in a friendly smile or two, and, for a time, were in excellent humor with each other, hut suddenly came to blows, and raised a great excitement, when the polloemen arrested them, and took them to the lack-up. Yesterday morning they professed the moat sincere rogard for each other, but, notwithstanding all tholr protostations, they were committed. Jkrseymen on a Beat.— Two Joraoymen made their appearance at the Central Station yosteriay morning, with the complaint that they had been robbed the night berore o[ a hundred dollars in gold and silver. Upon inquiring tho locality at which the robbery hud taken place it was found that they had boon spending the eveniog with some of the charming and artiess young ladies who reside in Pine alley, and that while there the hours flew by so swiftly that they became oblivious to all things pertaining to this mundane sphere, until the rifting sun warned them to depart, when they found they had been plundered. A Special Ik junction Asked Fon Wo understand that tho Harmony Fire Company has noti fied the officora of the Fire Asaoelaiion of this city, that they have applied for a special injunction restraining that body from making dividends to any of the different companies in the association, aniens the Harmony Fire Company in included, and also restraining them from doing anything that will he prejudicial to their right and iuterest in said Fire Association. Tbs onse will be beard before the Supreme Coart on Saturday next, at ten o’clock. F. Carrol Brewster appears for tho Harmony Fire Company. Consecration op St. Matthew’s Cnoßcn. —Bishop Bowman will conneor&te the above church ou Thursday next, services commencing at 11 A. M This new church,** whioh has lately beea erected *t Fraocis ville, is under the pastoral care of the Rev. Dr. Hare. It has been constructed with a great deal of care, and in very excellent taste. The edifice is built of gray stone, furnished from Irving’s quarry, and great credit is duo the contractors, and all who were engaged in its oonstruotion, for the promptness and faithful manner In whioh they have fulfilled their oontract. Arrest op Oouhtkrpeiters. — Yesterday morning two men. who gave the names of Martin Good heart and John Oheeseman, were charged before Aider man Snyder with passlag a number of counterfeit fives upon the Western Bank. A similar charge has been preferred against them at Pottstown. They were arrest ed at Broad and Vine streets, and were held to answer at oourt They had upon them a large quiuttty of bogus bills, which they endeavored to destroy. The arrest waa made by Offioer Gillmore.' The ReoeSt Forgeries Yesterday morn*. log, George P. Peterman and William Myers, whose extensive forgeries on the Kensington Bank rtoenUy stuiled the c-mmunity, were arraigned in the Oourt of QdVtor Sessions, and plead guilty to the charges pre ferred against them. Peterman has experienced tho change that even the commencement of a career of vice and crime is certain to bring. Bat only a few years have elapsed since he was a successful manufacturer, of spotless renown sod almost princely wealth. * Confirmation —Tho rite of confirmation was administered in the Church of St. Matthias on Sun day evening, by Bishop Bowman to eighteen candi dates This congregation, which has been under the supervision of the Rev. Mr. Carden, is worshipping at present at the northeast corner of Broad and Spring Garden streets. This is the seoond confirmation of that church within a year, twenty-eight persons hav ing been confirmed there a few months since. Assault and Battery.— Two young men, named Thomas Cole and John Dunegan, had a hearing before Alderman Patchell, yesterday morning, on a charge of attacking Officer Tolbert. They were creat ing a great deal of disturbance f a tho neighborhood of Tenth and Spruce streets, and wbentlieofficeriendea voted to quiet them they dealt him reveral blows over the head. He “ caged” them, however, and they were both held to answer. Assault on Ofpioers. Two brothers, named John and Francis Murray, were hold te bail, yesterday morning, in the sura of $1,500, to annwer the charge of attacking Officer Summers. Thdy were arrested at the corner of Thirteenth and Federal streets, but before being arrested inflicted sundry blows upon the officer’s head with a weapon oohiraonly known as ablaok jack. > Wanting an Owner.—Yesterday moralng Officer Spar, of the First distriot, found a quantity of pig iron and rope, which can be had by the owner ap plying at the station house of that district.. THE COURTS. vesterday’s trooee dinos, [Reported for The Press.] NlßlPriuS— Judge Lowrio.—Jackson Arm strong t>r. Patrick Coyie. An action on a book account for feed sold and delivered. Defenco payment and set off. Jury out. O’Neill and Adams forpiaintiifj Hirst and Hennessy for defendant. Quarter Sessions— Judge Allison.t-Goo. F. Petem an aod William Myers ploaded guilty— tho former to forging, and the latter to passing forged checks in the .name of Andrew LukeDs, on the Kensington Baok.' Both the defendants had previously borne a good character. S»ntence deferred. Jacob Shuster alma Tom Band, was charged with making a $lO bank-note plato, purporting to bo a Dela ware Oounty Bank note. The trial of the defendant was postponed, in consequence of the absence of a ma« terial witness, until Wednesiay. The remaining cases on trial were assaults and bat tery of the pettiest kind, and were not of the slightest public Interest. FINANCIAL AND COMMERCIAL. The Money Market. JPaiLADsipnii, Den. 20,1868. The stook market is heavy.and unsettled, with a ten dency to lower prices for some descriptions of securities, while others are firmly held at previous rates. The supply of'money is undiminlsked, but the lack of active business little domand for It. The weekly statement of the banks shows a slight in crease of loans and a heavy increase of deposits, more specie and less circulation. The proportion of specie to demand liabilities is very large, and the banks ap parently.are in an impregnable position. This weekly showing ofo hands li’a good thing for the banks thorn selves, as wdll as for 1 the public. Had -It been adopted ten yoars ago, there, can be little donbt that the Bank pf Pennsylvania would be now in existence, with an intact oapltal and a handsome surplus. Cash settle ments with all the other bonks every morning, and a weekly exhibit of the deposits, discounts, and oiroula tion, are great ohecks to any such system of reckless accounts, and borrowing from neighbors, as Was pur sued by the unfortunate Bank of Pennsylvania to its final ruin. affiramrwwa' - 31. g eg I," g et-g-g aS.s’ "si: =| S 3 oil if.| *>£ : 13: Pi: 31*1? tlb =ln fn shin nw e* § MM J-H-i M C»IS 't-> mic . m’o o> -4to'w'oocn t-i'b c> J*£3wmiUw-o9aDOD(pi9 HaHWr-UHUUO ©y 9WW ©JO ©*s-►so>'ta*eo7u , M‘«o'© -iii.a)i«>U(oCQit>o)].i4C:oniSwue OW-^®CO|—OJMtoOtnOCOtOO SM«oB>coiS©e»or>wKO»2Sacs>^K SoO yyy ©yy co 2 go's'p'o'fi'se's (OOti-tMeiOtnw-t-lOOOMOMMQ «.PsMMS)O)&WWt—i-iowSocoS M BBSBBBaSE§BKagiHK|s be CO u'|U©co er'pMo'©©'©'#-'© © WW O'©-*©©©tn©COM ©©»©->©© «| •”* M M BMH SiislSsslSSSplsSsss glS§l¥SslsSl¥i^.l!3g§ t-»VJ W> _VJ WMMtt ictc ■£ywyy © is ©y wyyyy ©y »i » 'rt»m 9<(KOoi6iW(nonoco..514,951,639 $15,453,844 1n...5500,808 fttettUtion....... 7 625,829 8,019,939 In 224,310 Sbpo«it«..;A 23,425,001 23,077,215 1n... 253,178 Taejdistant banks 2,1**2,447 2,889,814 1n... 247,807 The return yrotn the Bank of England for the week otiding the Ist December, gives the fallowing results, wh?a compared with the previous week: Publio deposits;... £8 346 211 Increase.... £678,412 Other deposits.... 12.491.768 Decrease.... 329,108 Itest... 3.094,728 Decrease.... 68,040 On the other side of the account: Govm’t securities..£lo,BoB.69l Unchanged Other securities... 15.432380 Increase....£loB,sso Motes unemployed. 12,334,040 Increase.... 78,010 The amount or notes in cireuiation is £20,309.140, heiega docrease of £49,810, and the stock of bnllion in both departments is £18,770,314, showing an increase of £4,010, when compared with the pre ceding return. PHILADELPHIA STOCK EXCHANGE BALES, December 20, 1668. aaroavsD bt maxlbt, bbowk, * 00., bahk-xotb, stock, AKD BXQHAKOB BXOKBBSj BOXTHWBBT OOBKBB TBIBD jlbd onxsvaor stbbbts. FIRST BOARD. 3000 City os.New O&P 3000 Del R Utg Endors fB# cash 103 20Penna R 42# 700 do 10‘i# 8 do 42# 1000 NPenna R6sesh 03 18 do 42# 2000 do b&wn 03# 0 do 42# 2000 Read ROs ’B6bswn 75# 24 (larrisbnrg R.... 58# 2000 do ......bswn 75# 6 llsaver Meadow. 59 6 do 09 100 ReadiDgß„bswn 20 100 do cash 25# 100 Union Bk. Ten bsloo# 15 N Penna It 8# A do 8# 1 Phila Jb Trent Rll6 3000 do bswn 75# 2000 do 76# 1000 do 75# MtWLehValßOsesh. 87# 2000 Wilm R Imp 0s ’O3 07# 8000 do 97# 500 doNew’Bl esh 97# 1000 Del It Mtg Endors 84 BETWEEN 400 Lehigh Nav os. BOARD. *0 Union Bk 21 10 Consolidation Bk.. 20 12 Bearer Meadow ... 69* 4 Phila A Tronton Kll6 0 Camden A Amboy .118 10 do 118 4 do US'*! 7 Penna K 42* 12 do 42* 0 do 42* 7 do 42* 10 Girard Bk 12 [OSS—STEADY. Bid. Asked. Sch Nav Stock... 8* 9 do Prer 10* 17 Wmnp’tAßlraß. 9* 10 do 7slst mtg'.74 76 do 2d 65* 67 Long Island 11* 11* Girard Bank 11* 12 LehOoal A Nav...60 60* Lehigh Bcrlp 28 29 N Peuna R...... 8* 8* do fis 83 13* New Greek...... * * OatawUaa 8..,. 0 0* Lehigh Zinc * 1* SECOND 300 City 08 New CAP 103 2000 do ROAP2dyS9Q* 1000 do CAP 99* 1000 Oatawicßa R 7a s 5 61* 1000 do b 5 61* 1000 do ........b5 61* 1000 do 2dys 61* 600 Lebteh Nav 6a .. 00 7OOSchN6s’B2.CAP 70* 100 Heading U ..cash 25* 60 do ......cash 25* 8 do 25* CLOSING PHI Bid. Asked. PhilaOS 99* 09* do R 99* 99* do New. .103- 103* Penna 6s 95* 90 Beading R 25* 25* do Bdfl ’7O. .84 84* do Htg 6a’44.06 93 do do ’80.76* 70 Penna R 42* 42* do lfltm Gd...lM 100 do 2dtn 0s 02* 92* Morris Can C0n..40 48 do Prer 107 108 RchuytNaves ’82.70* 71 Bch Nav Imp. 0a..74 76 MARKETS—Dko. 20-Kvsnino. —There is no chanfiejn tho market tor Dre&datufTa, and Floor ia quiet to day*; a sale of 1,600 bbls, however, is reported ; a good straight brand of superfine, W. 11. Thomas, at $5.2 . There is very little demand for ex* port, and the retailers and bakers are buyiug In lots, as wanted,' at from $5.12*05.37* for Common and choice eupot&ne, $5.6070c, and white 04e 4P bushel. Old yellow Corn is scarce and hold 84c. Oats are dull and held at 44c, without finding buyers. Bark—No sales and prices the samo; best quality Quercitton is hold at $2B #>* ton. Cotton—About 100 bales have been taken at 12*®l2*o cash, for middling and middling fair Up land. Groceries—Sugar and Coffee are steady; further sales of the formerat previous quotations Pro ▼lMonn-— Very little doing and the market generally dull. Seeds—About 200 bushels Cloverseed h&ve been sold at $5 6006.76, including a lot of recteaned at $6 bushel. Whiskey is without alteration ; drudge is selling at 2S*o; hbds 24*0; bbls 24*®20c for Pennsylvania and 25*®200 for Ohio. PHILADELPHIA CATTLE MARKET, Doc. 20— About 1,500 Beef Cattle wore xecoived at the different yardi this week, the quality of whloh was hardly so good, but prices ranged about the saino as lost week The following are the principal sales: 48 Kennedy A McOlees, Chester county, B.6Q©slo the 100 lbs. 13 B. Gray, Ohio, 8 6O©so 25. 60 McQusid, Mooney, A Co., Ohio, 8 G0®59,75. 36 D W. GemniUl, Delaware, 8 Co©slo. 14 A H. Gheen. Jersey, 7 76©$8 26. 41 Blum & Co., Ohio, 7.60cr58.e0, 69 Strickland, Ohio, Bso 60. 80 P. Rastinelt, Virginia, 8 60®$0 26. 60 Berry A Co., Ohio, 8®59,25. 38 Williams A Shamburg, Ohio, B®sS 60. SO 1). Cook A Co., Ohio, 7 60®$8. 12 J. Blair, Ohio, BosB 60 70 Ilutton A Beymour, Virginia. 7.60e59 60. 40 Murphy A Cassidy, Virginia, Bers9 50. •13 J. Kahn, Virginia, 7®sB to 35 J. Keller, Huntingdon county, B®s9 60. 60 Bradley A Fuller, Illinois, 7©sH. 14 E. Bare, Ohio.S 60er$0 76. 27 Underwood A Baldwin, Chester county, 6059.60, 103 Cochran A McCall, Chester county, Bfts9, 88 Tcdd A Bastile, Chester county, B®|9. 27 Ohandler A MoFillen, B®slo. 11 S. L Chandler, 8 50®$9 60 80 Scott A Kimble, Cheater county, 8.60a>59 60. 21 J, Bastable. Virginia, S,6o®s9 18 R. Nelly, Chester county, 8.60®59 60. 32 Kimble A Kirk, Chester county, 8 60©59.26. 12 B. Hood, Chester county, Bas 9. W P. Hathaway. Chester oounty, 8 50®59.76. 20 J, MoFillen, Chester couuty 8®58.25 11 G Darlington, Maryland. g®sB 60 13 Seymour A lint ton, Virginia, 9.60®59.75. 9 E. Eby, Chester oounty, 8a59.60. Borne 3,tQO Bbeop arrived at Warden’s. The mar ket was brisk, the best selling at 4®SJ each, equal to 8 a> 9*c Ip lb dressed. About 300 Cows and Calves were also at market there, selling at from $39 to $4O for milch Cows, $2O to $34 for Springers, and $l6 to $25 for dry Oowa. Of Hogs, the arrivals at Phillips* were 4,160, all ql Whloh Bold at from 05*7,76 the 100 lbs net, New York Markets Yesterday. Cofjkb is quito active &o35 104 ft 20000 Term Os >9O 94% 6000 LaCcVMLQ b3O 23 V 16 Am Kx Bk 106 V 200 Pacific M Co b3O 00 45 do 90V | 601 N Y Central 83ft 360 do p 5 88 k 100 do bOO 83 ft 100 Erie R 17ft 60 Mich Central B 49 v 10 Mich Bo 3c N la 20 100 Mich 8 B Guar 47# 60 do 47V 60 do blO'47V 0 Sixth At R 122 e v t?| s ® ** M g| ere o 0 *o o CITY ITEMS. Anniversary of the Ciceronian —Tho fourth anniversary of the Ciceronian Literary Society, of Phi ladelphia, wu held at Handel & Haydn Hall, on Fri day evening. In addition to the literary parts of the evening's entertainment, the Amateur Phiiharmonia was engaged to enliven the programme with very ex cellent mnsle. The opening address, by the President, Mr. Gideon T. Todd, contained a brief history of the progrosa of the society, whioh was quite interesting. This address was followed with a declamation, entitled “ The Lady's Dream,” by Mr. Lewis T. Thompson—a creditable production; alter which a declamation,by Mr. J. Wilmar Beidelman, the subject of which was a “ Boliloquy on viewing a Picture ef Venice," wia given with good effect. An essay on (< Music" was next read by Mr. T. Morris Knight, in which ped&ntlo critics were smartly dealt with. An oration—subject, “ Re publics"—was delivered by Mr. D. Wharton Stuart, the objeet of which w&b to analyze, by comparison, the re lative merits of ancient and modern democratic govern ments. One of the most difficult, and we may add, one of the most creditably executed, features of tho pro gramme, was the (< Eulogy," by Mr. Oharles XI. Adams, delivered towards the close. It was, in fact, no mean parody on Gray’s Elegy, and in effect created conside rable merriment, by opportune hits at tbe “Cicero nian." The exercises were concluded with an Anni versary Address, by Mr. Jameß G. Thompson, which was a production of considerable literary merit The Hall was filled to its utmost capacity with an intelli gent and appreciative audience. Sensible Christmas Presents.—Under this head we would call the attention or our readors ta the extensive umbrella establishment of Mr. Simon Hkitir, northwest corner of Third and Market streets, Mr. $1,103,818 83 Qelter has had the sagacity to get up a stock of um brellas In a style which will render them not only a most useful and acceptable gift to a friend, but also highly ornamental in point of taste. When we take into consideration the luckless uncertainty of the wea ther in this latitude, and especially at this season of the year, we are almost persuaded that the uppermost thought In the mind of every one aboVt to make a pre sent to a friend should be “ an umbrella ."» No mat ter if even.the friend thusto be complimented happens to be already supplied, as the presumption Is, he will -snotuJojie tte one he has, or if not, you may be duite sure nnuuiig, ■» »MiiwinrMnimm