the fittolnirgit itazrftc. WED.NESDA 1 11011 21, 1461; IVA Ilia Ir#IINOR MM.: EN: JOHN W. CEARY, OP CITHFIILA-AD CoiThrr NOTICE TO ADTERTIMEIVI , . Naito; la Perch, given that hereafter all nun s okrr advertisements rem tred at this °Mee must be pald for when handed In, except In the cm oi yrarir adeertmets. whose bills will be rendered onarterly, as usuaL Advert:leers will please mete s cote of Lids, la the role of emit PaYments for ad corClOecooili Or the ellaracter stated,. wilt be Mae:. 'Sauteed, . .The linen of our paper Is THREE I GENTS at the meant& or Irma newsboys. Barred by wider. as FIYTMLN:I:fir.NTO per week. . , MICEMtMM The financial outlook Is not en encour aging one. The :import entries at New 'York last:week*ere $5,80,878, gtild value, equal to $7,552,841 in currency, whilst the exports, currency value, were $3,069,361, or less:-than halt the= imports. Any man with half an eye can ace that, at rhis rate, we shall speedily run into bankruptcy. • The gold value of •the imports at New York, since July 1, 1811.1, the beginning of the current fiscal year, are $211,307,613, whilst for! the - same period during the yeitr before, they were only $107,077,573. They have_ thus nearly doubled within a short Space of time. The premium on gold since last July will probably average 30 per cent.; but putting it at'4o 7 per cent, the currency value of these imports will be $295,830,018. This, bear in mind, is the estimated value.of the goods at the place Of exportation, which Is always underrated, for the sake of saving duties at the Custom House. it. fair valuation of them - goods would detibtless raise th e c amount to $320,000 i 000. These are our im ports, at-one port, for eight months. „ The currency valne of our exports, during the same period, from Ile same port, is only 4153,399,870, 'which is a decrease upon the previous year of t , 18,189,001. We are thus exporting only one dollar in produce for two . . dollars in goods imported, and have thus, in eight months, run in debt to Eu vire over $150,000,000. The sum of $17,- 000,000 in gold has been sent out; but this is a mere drop in the bucket. Putting the Imports at 3:20,000,000, and file exports a , $170,000,000, gold included, lie balance against us is still $150,000,000. And this is going on steadily. Every week we are importing twice as much a we export; and by the first 01 . July neat the balance against us will be upcln the business of one year. No nation eau long stand such n drain as this. If it info go on we may :IS Wrii pre pare for one of the grandest commercial smashes. ever Witnessed on this continent. We do not say this in the spirit of an alarm ist ; but because it is our duty to give the warning which these inrontmvertible farts convey. If we are asked how this enormous bal ance against us has been settled, so far, we answer, by the export of our national bonds. Foreign manufacturers buy these up at lt( per cent. discount (the price is 70 in tie London market, the difference being equal to the premium on gold in New York,) and pay for theta in goods, and with thia larg margin they can affortl to sacrifice 30 pet cent. on the price of their wares. The goods we have imported are re i therefore paid for, but we have simply - std. etituted the nation's promises to pay for our own. Wo have temporarily saved the ex. port of stsp,ooo,ooo in gold by - the expor t of gu,o,croo,ixo of U. S. bonds, which wit have to be paid for hereafter; or, in 011ie; words, $150,000,000 of U. S. bonds held yelp ago by our citizens are now held to English merchants and bankers, and the nation at large has become a debtor to tint amount to foreigners instead of to its own citizens. TO pay for foreign goods with govern ment bonds is simply to clump, the form of indebtedness-without estinguishingathe is debtedness Itself. Attention cannot too soon be given t.• these startling facts. Congress owes it t. , the people to apply the remedies at once. and these are to he found in an immediate Inernase in duties on imported goods and in,an early return to specie payments. As to the first remedy, there seems to be little .dlefferenei3 of opinion about it, My there is a strange hesitancy in applying it ; and as to the latter, we are told that it can not be'secomplished without injury to the business of the country. But., to our mind. It is clear that the business of the country Will be ruined if it is n,d accomplished. If ruin is inevitable either way, it can matter but little from what source it comes; but we are much less fearful of it coming front a resumption of specie payments titan from a continuance of buying twice as much n , we are able to pay for. To go on as w. are doing is certain ruin ; whilst the ruin predicted from a return to specie payment • is merely problematical ; rind surely there should be no hesitancy in choosing between two 6111 h alternatives. HONOR IN KENTUCKY The Frankfort Yeoman, which is the ot pivot the democrats of Kentueky, think. Ireawari"the highest recommendation" any democrat...could hare. Speaking of the ap proaching Democratic State Contention, irsaYs : "The Convention may possibly be com posed in part of many returned rebels, and. 'will be, therefore, far more acceptable to the people of Kentmkt., than if it wt composed of those who hounded on a raps. cious military to ravage and rob our citi• zens; or than If it was composed of those who fattened on the spoils of the outrages it encouraged and directed. To denounce a Convention because many earnest men will be in it who took up arms for their political rights which they thought could. bomainUtined in no other way, is surety t.. I gire ft a eery high recommendation to ti, thoughtful and patriotic" ILARIIISIIpIIO POItABTERPHrr.-A let ter from Ilabriaburg to the Philadelphia Inquirer soya that ThtteGNELI, of the if burg Tekgraph, is to be removed from the Postoffice In that city, And some one called Elam appointed in bis place. The demo crats say they have assurances to that effect from Cowxn. If tbls bad been known ear lier, Mr. Srts wopid not have had the rt oppounity excepting the .7'elegraph, in las speech, fjom the list of those Republican pap . er_e .fn the State that sustain the course of Congress. TIM Louisville Demoerat, which affects to speak for the Simon-pure democrats of Kentucky . ; clinnteterLies tlie Jouenal and Courirer ofihat'etty, "which also claim to be, ilemocratA r its "sheep In wolves' clothing:' ..'.Thilvolves,4lll not be set back nnynt tints finding five_ sheep among A PISPATat TtpiXl, NOTASOWD, Mont-, gomery Co., OUdes, dud tbe. Republicans carried thiti borough Idthe late borough elec. tlon by 33 raitjoiity, and that the Republi c:ant of the Cciuhty had met with unusual aumess in tbn township . • Ti; eleW . the endorse therinlari movement by the New :York nottrd of damn, the Philadelphia Bulletin prolioNa , that the name of that city be changed from New York to Now Cork. - MONOPOLIES. The Philadelphians are just now ...Net ' I ' 4ll about Railroad monopolies: but the railroad mouopolylhat hurt• Ih, m is 10.1 that ot the Pcnitsyltailia •. hick it crusltlO ' g Monopoly throughout the State. hitt pie heading Railroad • which lut . a nio nopOy of the coal trade. 77.,, 111•111,1.1 y is all w rong in I ilt• eyes of Philadelphia hut the other 1... oil right. Why cannot Philadelphia he consistent, 011.1 unite with us against /al railroad monopolies, instead lighting one while It holds on like grim thlh to another? Philadelphia Balletic, referring to (hit...object, says: "Kippose the city of Pittsburgh, with its veseand unequalled deposits of coal, de pendent upon a single line of railroad to furnish the Mel to her people, and to her furnaces and flietorles, and that mad owned and managed by interests rival or hostile to her own. Her situation would be rather preearkfus. Nature, however, has given her the Youghiogheny, Monongahela anti Ohio rivers—great water highways, int, proved by the hand of man." If we have these highways no thanks are due to Philadelphia or the Pennsylvania Railroad. If they could have been reached by the hand of legislation they would have been blotted out of existence long ago, by the votes of Phibtddlphia members on the oneland . and the . influence of the Pennsyl vania Road on the other. RECOGNIZING CONGRESS.—In the corres pondence lately sent to the Senate by the Preaident, bearing upon the question of re construction in the South, is a letter from Mr. SEWARD to Governor MAIIVIN of Flor ida, which contains one very significant re mark. The governor had forwarded a copy of his proclamation ordering a State con• vention, and nevimpanled it with a general letter on the - situation in the State. To this Mr. SEWARD, on the 12th of September, re sponded that "the steps taken to reorgan ize the government of Florida seem to be in the main judicious, and good results from them may be hoped; for it must, however, h distinctly understood that the restoration to mhieh your proclamation rtfere will he suh ject to the decision of Oongress." The 6euretary of State thus distinctly recognizes the power of Congress to decide upon the question of reconstruction, and in making this admission he yields the whole question at issue between Congress and the President. In addition to the extract above given, the followingtelegram to Gov. SHARKEY, curtained iu the eorrespondenre iainnnuni- cute.ll" the Senate "Washington, July 24th, IStls.—William L. Sharkey, Provisonal Governorof Mis.sis sippi. 'Your telegram of the 21st has been received. The President sees no reason to interfere with General Sloeunt's proceed ings. The government of the State will be provisional only until the eh - 1i authorities shall be restored with the approrol of Con yrese. Meanwhile, military authority. ran not he withdrawn. Wm. 11. Suwituo." THE Philadelphia hart/per .4rtrts the foolish story that Gen. CANIMION reetnltly waited on the President and demanded the °flier of Secretary of War. Nothing could he further from the truth. Gen. CAMERON not only lots no desire for that place hut would refuse it if offered to him. Like every other loyal Pennsylvanian he desires to ,ee Secretary STANTON remain there. A Compromise Measure The Senate CiMutts Committee hove Md ly ogreetri to report Mr. Ms - Kim:ol's original amendment to the Constitution. It is be ,ieveil it can he warried through file Senate, or that it Is eortnin nt PARIe within one vote of it. There will be no trouble in the House. It is believed to be so drown that no State which disfmnehisns rebels wrill suffer thereby In representation. This makm it nixeptabla to Misismri, :Maryland :tad Tennessee, The proposition is no fol toas: - itepres.entatives shall he upisirtiontsl Anong the several States which may I, in - eluded within this Union nee...ding to their respective numbers, counting the whole °nether of persons in each State, excluding radians not taxed. ltut whenever in itny State the elective franchise shall be denied any portion of its tonic citizens trove :lIC lip: of 21 years, exinipt (or crime or tics ,iistilty, or participation in the late rebellion, hr basis of representation of such State shall ,e 1•11111e0d In the -proportion whirls the number of male citizens so 0.V.1 ivied Sluatl near to the whole number of male citizens of 21 years of age." A " - rem a session of ten days, itrOlutiget.l deltaic, and action upon mort. than 90 dis tinct _propositions for attiolithileittS, the Texas Convention, on the •18th :it., adopted the following amendment to the Cor:dilu tion of the State: "list-tirox 1. African slavery, us It here tofore existed, having been terminated within this State by the Government of tile United States, by force of arms, and its re .Atublishtnent being prohibited by the einstitution of the Units] States, It is de clared that neither slavery nor involuntary .ervit tide, except as a punishment for crime whereof the party shall have been duly convicted, shall exist in this State, and Af rican,. and their descendants shell be pro. meted in their rights of person and proper ty by appropriate' legislation; they shall nave the right to contract and be contraeted with, to sue and be sued, to acquire, hold, and transmit property, 4nd be subject to no penal laws based upon inequality or dis tinction of race. "Sac. 2. Africans and their descendants shall not be prohibited, on account of their color or race, the right to testify orally as witnesses in any mtse, civil or criminal, in volving the right 6C, Injury to, or crime against any'of them,.in person or property, nrider - he - same rniesof evidences are ap plicable to the white race,• theeredibility their testimony to 1* 'determined by the court or jury hearing the'satne. The Legis [attire shall have power toauthorite them to testify in all elms, under the regulations here set forth, as to ram hereafter occur ring." Tit u richest Individual In Massnahusetts Is a boy, the son of the late Joshua Sears, a I liattton- -merchant-, who-died leaving. this son as his sole heir. Alls toroperty was rip ' praised tit-about , $1,803,C00," Thd trustees ruder will most of it in real 4state P.rankibtstreet, the dwelling housesmf which they - Aemolbthed almost entirely, to make room for the 1111 Rn blocks or stores in thei city. The investment. proved highly judiclousr the property has more than doubled on -their-bands, and lOW roaches an-aggregate Of over at t (100,000 in value. The hid wbri iii to own this is now Wing brought up in -thee family of Hon. Alpheus Hardy, ono of the trustees, who is a reading lioston merehant. - - WAR CLOPON IN EttieStm.—As Austria deelines to concur in such a settlement 01 the tichteuWiktiolvitelia question as would give the Duchies to Prussia, it is anticipa ted that the latter Power will Appeal to urrne,:tho uttima ratio remark and - declare war against Austria. It ht Said that all the Anstrian'troops In Dohenda have been or dered to Attune, which is the principal city or Holstein, close to Hamburg, and that Prussia has ordered three army troops to be got ready for active service at ono,. If .tustrla guts involved in it war. with Prus sia, the tumexation of Venetia to the Ktug. I dum of Italy may be expected, almost as II rilthl ire -- 41111. Preira. GRAXIIAIs SeFIENCIi Ire inteemided .he clog incorporated In the Appropriation bill tt keetton providing 'live ti egad dol lars for-tho erection at West Point of me , moriattableia and - for the expense of tn uctibing ripen rebel wino 'the names of the butt es in which they-were captured. The Immediate tiereOlty for this special appro. priationlviix.c.auseidliy Chief Engineer De .reeeat letter to the Inopector ut West - Politt'proklbiting . him from doing this,thing Wet mitaurthe feeling," of gehthern iitudentui. PROCLAMATION lAs AJabsuna planter, writing to Con-1 1 0 11(leiLARIALT10116-4Clly of Alle gressumn Bletisabowa the effect of emanei- I . m .,••• ouz i r;ThATg . Itt , P . 4 0 11 Z1 , zrez e r i e ul t.ii T potion at the South: ' i Fh7iiiraisetsaimr. at assortments:goo the 33111n1;. 1 ..1 ant happy-to 'gotta to you that our free i . „ l :gr. b ariiiiiglinittn,.... A if i a t ue e • l esT•use ts); lac: negroes nre doing finely. We have (1 0 ; sricuasual theitian but.. ot 41 ' 0 Cga t ijoraCc obi : trouble with theft. 'They have all gone to; heameissead o ose ~ meanest there tooleCt. Member I work wailfully. They silo an inapetna the t o b ,r=r: .41, 1 , 1 ,P,r0it r . luonad. , ..nt, j trade that we never 'snore had. I have sad I • if Welt Undeisylkkoitoad tool orthety 13 I' Allc .faek Peter'- negroes more goods fhb' yearl gheay..tels Lao sayer aeHt!..,,s. D.. u oo. and Mat year Mau I OrtT BUM - Peters, antil• - ew " 43d • • • """‘?'° l4l lb o3l . mares.. Ise owned four hundred - and fifty 110g3004; 11.- - - .'',-- -'''"'--•,..":.:". -------- - - - So you 800 rllo,ll2ollogAi'Sjillolll is work* I - Is ..;• 033.40 N • .-BOT/CES: , „,,, „ Mg wel. w .." tI L ' '''' • '• " • '''''' -1- 1. •,, , ~,,, feassoserinasaletr st ax. i -..--- - • • - 4., - , ' , ,lrxarxiqpnts'nur, bbutArbri. L isaa. f 'XLEE TreavurY Deportment Jo Itabrnied i 111C'ELECTION FOR PRIESIHENT ! thak,3llol'o 310 3, 1 1 ve , countorrottkpbit i lio irk ' . 11 . AND Orr 01111111TM:8 urine SIAN UIfe:STEU 38611 ,,,,, 0,' „ 14 ,! t1 A r 4171the rnil iv . ‘ D 2 214 " 4; 14 4EI d q` " l llftlS trtaill g i n' b.f lirutraitiVOTtisig 1 depornhuw - 114 l'tt 6u 44 A ' - ',..0., -.. , Darr , ,••,, , w- ,11 ,, 11 ,9',. . , = ilecen pie botiti Orlon clock, ~..a_.- , , .1011310 r I.IIICIIOIIOI etarehey, e f , '. lahxi4 ~ '7Atcke.X.,lol).t.sr...Czeti'r. . , _ cv-.11,A75.11551:1"—'s OM:I=M NOTICES. SOAPS, EXTRACTS Br.c. . _ _ _ ._ ... . ____ .o,a' I 1.11.• I r elo .- ' our .oti, tor,,, "'n"c'el".l-sn""yll=-A , . , ", 1 A V V.ILNT D - A GOOD CARRIER an pi PO RT ED GOODS. I . T inattollatels at Tit - MOT riCE. 1.. " 1 " 91II '''''' the LIAALY GAZETTE. In 111rmIngli. ,, A v p - •"- r •.''''''''' n " . 1 '". I Cl..U ' thi ' ' 'it '''''''-' "'- THE PHYSICIAN of the . Board i,.,,. ,ij 1., el .• I hiltg That - Trill heßt attendance. on TV I , W) NIOFvA( II • -- -- v----- - 1 --- , WEEK, at 2 o'clock, to. 8., nail ilio• El irsr i , i• , W A NTEIT. - Se.verai good Carpen• lure, ~.,, t itlell, mils .1,,41 pottllr.) cards ill- .1(ILI_ for the purpose. t•I Vaectliatlng the 1 , 9" , or I I TIM- ( 1.1111.1111 work and :mei wax.. Ai. - tor , 1. ail An ierleall•li tali lilac( tiring poptlia• '4 oily. lit ''''''''• “C a''• i l fi.:4 - o r ii i i , I F l ii:Tus E, I , ' , ' • ) ,- 'l u ''' ' Ell 'H' '" il''• H `''''' "r' "'”il,%' ; `:),, -- 1100 I moldy take, told liberally pays bur. lINi/W1.4 . Ilealth Otter, 11, ' ANTEI) - PER EDIATELY - At When foreign countries need 1,111 wheat, ' cir , troLierroiro .nolim. i . he i Pirellis Machine Worti, :12 Wino dn ,• Pore, !strat!, March blit. lAA. 1111 , 1 101t.0,0, mill 00l Ilet I tneata, they WIII 3, tllegbeity. a N • I 431 BEI: oisE It 1 N I), tiN tll ,•'- i Pore, IS IlEltEitY GWEN 11) iNG LAI HE. None bet good a oranten riPl'.l.l Nov. lake them. and not °Own% Ise. Why du \ .s. all per , ,,n ,, Ititere.lest 11131 the rt port of Ap- ishio,o, It. H. 1. Eill. 1 not all of our farmers see that they hare a praber• %p00h...4 to appr 1 , , Ibe damages eatooll greater interest than any t d her eh,,,.. i n .ny th change of grade of' Penn ;teed, with ll , c , n . INTANTED--AGENTS-7tiale and Arner"'a in building up u " n u"' market r ,,! ! " ro " il ' ii -‘,! r i n ,t . h r.„ r. . " .., " ...:,. ' ...,:,. • ..7.' .. .x.,,,,,:. „„„,,,°, ','TN:Fi- ,- riLi,i.",i-i.:A. , ,...,7;T:;',7'lllti'Air'l'. through a persistent prOtection of num,- ibirtv dm), front thiS dirtt . lir. , •A 111 1•• l OC , ' On ni - ••• .l.,:• , .1 . 1- - . L. • • ' :1, tu ' 4 . 0(t,t11 11 - 11 AMI 1 1 “1.11 . . / tat turiug?-N. Y. frth