121
ilt - .litt,s•lll'.g i 'V.
...q.l.aiiUt
YIIBLIBBID DAILY, BY
PENNIKAN, & CO., Proprietors.
P. B. viniNrmAN, JOSIAH NINO.
T. P. HOUSTON. N. P. REED.
Editors and Proprietors.
OFFICE
GAZETTE BUILDING. NOB. 84 AND 86 FIFTH ST.
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Of Pittsbirgh) Aneghtinione Aniititnyi
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kiIUAR
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NONDAY; JAIQUAR
t
TEE WEEKLY Gisam, lamed on td-•
deadaysand Saturdays, is best and c p.
ad family newspaper in risylvawia. it
presents each week forty- ht colusasts of
solid reading matter. /t gt the failed as
sell ae the most reliablemar trepoksof-any
paper in the State. . Its. isles are used er.clu
lively by the Oita Orurts of Allegheny county
for reerenee in important issues todetermine
the ruling prices in the inarkete at the time of
the business transaction sn dispute. Terms:
Single copy, one year, $1.50 ; in clubs office,
111,25; in clubs of ten, $1,15, and one free
to the getter up of Ow club. specimen copies
sent free to any address.
Wa runty on the inside gages' of , this
snorning'e Gezzrrae--Seoend page: Ephem
eris; Another Talk with Gen. 'Grant; Office
Tenure and Ogee SeAers; Novel Mar.
rime, Etc. Third and,Sirth pages : Com
mercial, AnanoiaLifereanit* and River
News, Imports. SeaeaFth page: Interesting
.Iftecelians: '
GoLD closed in 'New Sand Saturday at
1351. -
GENERAL einsnmeatt is ;proving himself
the best Pike Commissioner ever sent out
by the Government to treat with the un
tutored savages. He means "to take the
Starch out- of them," a•process which long
ago shonld have been applied. It is a new
sensation to the Indian to be followed and
fought in his mountain reoesses in the dead
of winter, but BEEnunAst means business,
and will net rest till the tribes acknowledge
the authority of the - Goiernment and cease
•to murder and outrage Abe pionees of
sation in the west.
OoL. O. W. AstxxAstonn, late Assessor
of Internal Revenue for the Reading (Pa.,)
district, has been sentenced to thiee -years
imprisonment for alleged misconduct in
oilice. We use.the qualifying term incense
it is a very general belief among the poople
of his late district, that he is really inno
cent ofi the charge upon which a jury has
convicted him. The Reading Disjiateh
strong language incondemnation of the few
men who have succeeded in closing upon
him "thedoor of a felon's cell." We have
no knowledge of the _grounds atm which
the innocence of theiconvicted - kuricasogn
is asserted. We learn, however, from the
Phliadelphia itspublie)that one Toriow, of
Reading, who holds the latest appointment
as Supervisor' for • the Pittsburgh district,
was very active in - procuring this COILTiC- -
tiOilt; If, so, we ought to be much obliged
to Mr. Rousse for what 'looks so much
likepaying off his witnessesin this:way. If
Kr.-Turron 'sees aay way; o make it• stick
.more than sixty days longer 'he is sharper
than people generally believe.
Tan city is, full of maws from Harris
burg, and we' are yet unable to definitely,
state how. the Senatorial•contestlooks. We
plaiie but little faith in the announcement
that Mr. Mamma bag thrown - his weight
to Mr Hominess). The dispatches from
the Capitol are all buncombe so far as the
making of a Senator is. concerned; as it is
yet:much too early for correspondents to
learn precisely how cutters stand. The
caucus nomination of. Mr. CLARK, of 'Phrhi.
delphia; for. Speakersbip of - the House,
deniers - the fact - that •the :CM111:11011 , ele
ment has got a majority' "that
branch, and will, poesit# har.the artraisg,
of dui succesitul aspirant foithe Senati: `lt'
is not beyond theirange; of pessibillties that
the office of State Treasurer may be with'.
held fiiim Ginteral'fiknini . and "awarded
prominent Pittsburgh politician and banker.,
Our Bditor•in:ellef,
rwr, is now in •Elseirkburg,i and Weak- .
Iffinttly look, fotes,rl7- advice' : fr!rza ithp„
garding the Penfield situation, and in the
meanwhile advise I OU?' ii2trideirii• te a Pit little
faith in idle rumors which) uy fill the
air abogt rtoad?iiNitk'ss 4 1 0 withdrawals.
frosi the field. , • -
THE NEW PRorciimON.
We 44112110 t be wrong to : co n cluding 'twit
all of the busineas'men of `th is clty who
have given esumest and - mature teMaidets:
lion to the, last proposition to Connals
the xPennayliiinla HillroiC&lripani c 'for
Selißeing therpressure upon the streets
created by--the multiplication of railway,
tracks- and passing engines and trains,' will
condr in the opinion we,expressed some
weeks age. when dealing with•thls•.general
question, that the only rational course to
pursue is to-room existing: obstructions iri
stead'of permitting adcritiOnal impedimenta.
It is not conceivable thatthe Railroad Com
pany would offer to be at the cost of erect.
lug and maintaining two costly iron bridges
unless it *its falli'cenvinced that the con
dition of affairs was so perplexing and , so
liable to become wome,, that :something
must be done to 'Afford feller: Tidi3 is the
ii tera t_t r oh. s . ; •
In this aspect of ,tlie case it becomes es
sential to *quire whether what is now: pro.,
posed ',teatme of Yeller
that ought to be had, or only prove tent-
PonirY cumbersome alleriAtion• We
incline strongly to. the latter cagclgeton..,
Let ii.:failefeystaW4WreasOnithat control
.our 4
t
indlPftent*PPlCF#o,ll -
•
However indlepsusablebibpieji , ; tbrot
oar.ww• l mir " 11 °' °
viewed otherwise dm asobstructions under
other conditions. The offer to construct
these bridges, and. to keep them in repair,
is an admission that very serious hindrances
are placed by the Company in the way of
the ordinary use and enjoyment of the
streets.
While Vie bridges would impart a larger
degree of. security than is now possible to
all persons going to and from the Union De
pot, th ey would riot, help the case of per
sona going elsewhere, on foot or in vehicles,
up :and down Liberty and Penn streets.
*Pam is urgently needed is such a cessation
Of trains across and along those streets as
alloW the common , intercourse of the
population to go on without risk or delay.
If the Railroad Company would stipulate,-
in addition to 'constructing the bridges, to
send its through freight by way of the West
ern Pennsylvania Railroad, or, at least, to
send that "way all through freight trains
passing this point during business hours, say
from five o'clock in the morning to eleven
at night, immense diminution of the exist
, ing encumbrance would be provided for.
In that case, the utility of the. bridges
would be reduced.to a very low degree.
4, 1869.
The new proposition does not include the
establishment of a passenger depot for l ocal
trains. This depot wag one of the best fea.
turesof the first proposition. Bridges span.
ning the net-work, of railway, tracks, are but
clumsy and ineffectual substitutes for such
an accommodation.
For these renew we incline to the belief
that the bridges will not meet the necessities
of the case, and may be found to aggravate
rather than remove the evil now endured.
In conversation another scheme has been
suggested, which is better than that `now
under consideration; which is to sink the
track now extending from the Union Depot
to the_bridge across the Allegheny river, to
the depth oreight . or ten feet below the
present level of Liberty and Penn streets,
then fill up those streets - and all
the subjacent lots,' so as , to make a
tunnel to cover the track. This would in
volve a heavy expense in, construction, and
810 more serious bill of damages to the
adjoining propertie . Even then our sister
city across the Allegheny would be likely
in the nature of things, to :insist upon the
adoption of a like e x pedient on that side.
The fact is, the time has arrived when
both the Railroad Company' and the citi
zens 7 teel that matte cannot • long rest as
they now are. The atural increase of the
city in population and business, and the
marvelous augmentation of traffic over the
railroad, are • rapidly ushering irCa period in.
which the cars must cease to cross Liberty
and Penn streets, on a level therewith, or
the tide of vehicles l and pedestrians must
keep out of those highways. . It is not dif
ficult to apprehend how the dilemma will be
ultimately settled. - For the City -and the
Company it is better that it should be ad
justed now, in a spirit of enlightened liber
ality on both sides,' and so adjusted that,
after large expense incurred. it will not need
to be done over again in the near future. -
Of the Oro plans, we like.the first one the
beat, because it provides the largest conve
niences for_ the business of our citizens.
This is an important consideration to-day.
It will grow more consequential with every
departing year. There will never be any
less business here than now to be .served,
but instead, a continual increase thereof.
So far, the interests of the City and Company
are identical.
This prospective Increase of business
strengthens the argument in favor of sepa
rating, by some considerable distance,* the
freight from the passenger traffic, and the
through from the local passenger traffic.
But, the more we reflect upon the subject
.the more we are convinced that whether the
first proposition or the lastshall be accepted,
or neither of them, it will be the part of
wisdom for the Councils tb .require 118 com
plete a liberation of the streets from the an
noyance of tracks, trains and locomotives
as the geographieal.configuration of the dis
trict on which the City is built, and the
commercial requirements *of our , people
will allow. We urge this point not An the
interest or to ,the, prejudice ofiany Railroad
_Company, but ass matter *Mott concerns
the rights of every citizen, and involves to
a large degree the presperity._of the City . .
itself • - • • , '. •4
. ,
COTTON, 'REPUBLICAN 'POWER.
The South hewn:aide's cottila •eivp Which
the best judge& estimate at `2400;000 bales.
Of this lees than a millionbaleey,thei same
authority limiting the figure to 914000
bales, are consumed in this cotuil#, Aeaving
1,759,000 bales for ,oldprnent, abroad. Mid
dling is worth at, Ifew Orleans by last; re,
port 2ic per pound. the market active and
steadily advancing, as it has since the last
ninety days. Estimathiithe p ica s a llzed `
.by planters, between present. rate, and
ihose for 'which no small piulof the ' ern!) to
be made had been'engagtd to the fact Ors in
advance of its preparation for market, the
figure will go . Apliti! not 1 1 11 . 1 .; g!SPPA a
total return of $270,000,000 enriches the
`planting States.' e - , • s
The foreign export, whit 1s full .100,500
bales more . than • last year, supplies- about
$175,000,000 to meet our • deraand l npon En.
rope for products, eitpoited to nieet the
necessities lad supply the .luxury :Of its
American customers'. This shows a long
step toWards the recovery, for this staple, of
its former preemizerite among Atneriesin
products, for the supply of the miirkete' of
the world. :Ilse year's crop bas.been a short
one and scarcely reaching more than 80 per
cent of. the , bleiest irevions production,
but the ruling prices have mire than com
pensated fOr this dCdsiency, since in years
before the. Win.; Plaikeis khougiii
doing Nell whell - Atk. Menge; urKti'.saY of
'three to. three . and a- quarter million • bales,
sold it 11c and 129. Is it any wonder,
therefore, that so Urge a measure of materi
al prosPerity—now regained for the re
gion which for eight .yelitif r afar teen
its natural rilisikadeti blasted bya fearfully
destructive civil - , werrshotild. exert as
slant.,./ 1 4iiencli;. 111 ,t 6 0 1 t.,; AP*0 11 14 13 ,.4 1 :. Oa
de, f ree l l t ie tt C1it0NC.#1.31 , 44300 1
Their iliniicuu improvement luta - VIM life
PrriSllllll6ll, 'GAIRITE itiONDAY,, J4X4111,
feat, upon their social and political condi
tion. The South Sudsitself rich, and un
expectedly so, by the results of its first '
year's dreaded experience of the new sys
tem of labor. The reaction is naturally
toward kindlier views of the political con
sequences of the rebel defeat; and to a mark
ed increase in the cordiality with which all
classes evince their acquiescence in the TIRW
order of things. The liberality of, Nature,
and the fortunate turn of the markets, have
thus contributed more powerfully than any
other elements in the .twelve months' expe
rience to the Southein conviction that free
labor may be compatible with the highest
degree of social prosperity. Let those States
pursue faithfully the line which events thus
mark out for them—adopting cordially and
fostering wisely the principles of Free In
dustry, and submitting themselves without
reservations to -the inevitable, Equality of
Citizens before the Law—and it will need
but a few years more until the unmatched
resources of the Southern soil and climate
will render those communities more , pros
perous and independent than any other ag
ricultural people on the face of the globe.
Agriculture and not manufacture
absorb the general attention in that part of
the Repulic. But 14 per cent. of the cotton
consumed in this country is spun in the
Southern States. New England uses 73
per cent. and the Middle States come next,
yet the facilities of many Southern districts
are naturally unequalled for this- branch of
industry. hi Georgia, it has already taken
strong root.. In a recent address at Chaxles
ton, Senator SPRAGUE, of Rhode Island,
(very high authority on such a question)
declared ,that the best cotton mill he had
ever seen Was one which he had just
inspected at Augusta in Georgta.
And he urged upon the Southern
people the , entire practicability of the
idea that, 'instead of exporting the
raw material; they should themselves spin it
and ship the yarns to the. EuroPeiuz mills,
where theycould easily rival and lead the
East Indian yarns now largely consumed in
England' and France. This branch - of in
dustry, so simple and giving an employ
anent so extensive to that white latair which,
for a generation to come, will shrink from
field work by the side of black levers, is
one which peculiarly invites the attention of
the South, and there are good reasons for
believing that an early - and large develop
ment awaits it. Then, no longer exclusive
ly agricultural, their prosperity will increase
while their relative independence will , be
come vastly more conspicuous.
110 W TO 00 IT.
An article on "Currency and the Public
Debt," in Hunt's Merchants' Magazinsi for'
December. Will arrest the attention of
thoughtful men, of a practical turn of
mind. Discussing the financial situa
tion, the writer specifies "as practical and in.
dispensible measures, to any substantial
progress towards the_ resumption of coin
payment" the following :
1. The public debt should be left undis
turbed. It would be well to authorize a
five per cent. loan, of definite period,
principal and interest, both expressly
payable in coin, to be issued in exchange
for the out-standing six per cent. bonds,
at the option of the holders.
2. All contracts, specifically payable in
coin, should be made legally binding upon
the parties making them.
3. The improvement ofour paper curren
cy by requiring of the National Banks a raga:
lar and practically operative redemption of
their notes at a central point—say New
;York. This should apply not only to the
ordinary financial transactions with the
public, but to those of the Treasury, which
should be directed to assort all notes mitred
therein in payment of all taxes and otherwise,
and forward to the central designated point
for redemption• in legal-tenders.: • • The
banks would thus need to . become self-Sup
porting,' and a very large burthen would be
practically removed from the Treasury,
which, at present really the endorser of
this pg 0,000,000 of circulation, dads therein
its most formidable obstacle in the way of a
)3pesie redemption. The measure of con
traction to result from this" piocess 'would
be marked, and doubtless quite as much as
the country could bear' for a considerable;
time. Adopting therm
,measures, the next
would be:— • • • • ,
KANSAS PACIFIC RAILWAY.
AT. How; January 2, 1869.
In my trip westward I went, as near as I
could estimate it, just one thousand miles
west of Pittsburgh—fifty miles west• of the
Missouri river at Kansas City. On my re
turn I traveled from the town' of Perry, in
Kansas, to the depot in Pltaburgli,in exactly
forty-seven hours by the watch; but my
watch was an hour behind the local time
when I reached home, that being the,dlffer
ence between Pittsburgh and Perry.
I was not a very young man when it re
quired two days to reach the shore of Lake
Erie, or to get into some ,of the nearest
counties of Ohio; bat now we can sweep
across great State! between meals; mid
when the railroads now in progress are
completed, people, can go from ocean to,
ocean In less time and , with less fatigue than
it required in my young days to go from
Pittsburgh to Philadelphia. •
I have travelled to and frs a good deal on'
I the Union. Pacific Railroad, Eastern
slim, (which is better specified by calling it'
the Kansas Pacific) . and *as litirprW to
see the amount of trayel end boldness done
upon it. The passenger
,trainik - both. eft
press and actutnmodation s . are, often so ,
cro w ded that It 13 dlflicult,togat sleet. This
is partly owing to the, ,rapidlytt growing ,
towns along the first two hundred , miles of
the road, and • partly, to thentulthadett of
Stranger* looking for lands in that fertile and
beautiful region.. The second two hundred
miles (the road is finished and operated 405
Miles) has but little business, and fa opera.
CO,n OW. Is t: , igi;:ii-I„Acivic ROAD, red at a loss to the 'commin while 'on the
first two Mindred the fo iels 'doing
,h,4, It appear* from the Report of WIL- • profitable - Inna
dia. The reaSoli of the ini.
muds, a OovernmentDlrector of the Union profitableness of the western half is, that it
tt. 'terminates kyo right ,
ui l is n ; • t a b u e d ,,, m m o i r d e st t, ;min or
i t i l , t h e n :r oied tat
tri Ptr ie l e flo o ß f si t l td w s ay ro th ad at , th no e vi act im u pe al ri co ect st iy of;
co ri m lo .
ulains,'soine two hrmdrediles Ghat of the°
pleted and actually in operation from Omaha miles this side; f the limber and coalregion
westward, has been only $85,000 jier mile, which covers an extensive, district . on the
,including the rolling , stock and gteletraph- mountain alopea south-east of Denver. ,
, „ _ Until the mountains, together whir the:
c "ne it also PPPereAnet tne Company have coal mines and pine forests, are retched,
**received therefor, in bonds of the United the "plains" cannot be settled.• fihnloil Is
States, the sum of $20.580 per mile. aid" good-and supports millions of btillilitte as fit'
as the bulls of Bastian; but there bile tint ,
that they haie also realized such further
sums from the sale ber for building fencing or fuel- and there
of their own first {fore it matters not how titheit'd lielmtlllll,
gage bonds as to make the tot receipts the country is,-and it is both—setters caudo ,
$51,084 per mile, leaving an actual profit nothing' with' it. But let this road be
to the Company of $16,000 per mile. To- ,pushed on to, the
reached, and'grad , ually that whole countrymountains, now 'newly
this must also be added, the vast landed do- will till up with inhabitants, and teas of
main comprehended by every alternate Bea- millions of domestic animals will lake the
tion of land near the line and along its en-. place of those buffaloes. The conversion' of
tire length. . , that region from its present:stew denoliti‘ ,
w lation ill pro to gres elle s of ,b too eeY d ll i f re e
The paragraph ' appended; from the Cin- eatinodriSci.,livilut"tidt°r:
'clanati Gatette, presents the
• _ rapidly from - the mountains eastwarilaban
drift of thle RePert- Its ePult is, evidently, from the east westward. This Will be - so
to/friendly to the Company, and the infer- because along the eastern slope of the moun
ences drawn by' the writer ihould be takui talus are found exhaustless quantities ofjUst.
things which it needs—timber and
with a very large allowance. ,Isloune reallY t i f i l ls . e As for skute,%theJ Vilifliflfl
believes that the ..lOomparly intends such a 'ever met with I savvier out 'Atha ,midst of
••'discreditable policy as herein insinuated , but' the
_plains, cropping Out of " th e dec,asslonal
_
that legislation which would permitlo them M
off& .„,, 7 , a E".
I sincerely hope that COnirreee,lia,,itter.l
'Oen 90/41/114 thereof, must beieprded:
having,done so mutt, atriesstiii4htlrict
ofthilfrust blCikfer to ioiivtisa~
'public inum mu ,,, r - iinum - licpure - Itts tne timber, the coal, the impor-
4. Provision for the redemption, by' und- •
ing or otherwise, of legal•tender notes,.
In this connection. the relative expediency
should' be considered, of Ist,- direct dash
resuMption; .2d, conversion into dotes bearr
ing a low accumulative inteiest; andBd, con
version into, gold ' bearing five per .
These !ingestions deserve ranch 'weight
In the general discussion which now absorbs
She attention Of the 'country.
Company shall be held to a rigidlr faithful
execution of their contract for a first-class
road, and, fortunately, we have yi under
our own control the material guarattees to
ensure this. Beside the large amount of
bonds, the issue of which has been sus
pended on a portion of the line, the title to
the lands granted has not yet beea con
veyed. It Is, moreover, known that the
Directors hive in good faith already appro
priated a large sum f.,r the completion of
the work up to the requisite standard and to
the satisfaction' of the government. This
much by way o preface for the paragraph
referred to, which is as follows :
The government, it will be recollected,
holds only a' second mortgage to secure the
U. S. 'bonds issued. The contractors about
half build the roads; take the U. S. bonds
and pocket them; issue first mortgage
bonds and sell them; dispose of the public
lands and retire with a clear profit of twenty
to thirty thousand per mile, leaving the
unfinished road to pass' into the bands of
the holders pf the first mortgage bonds, or
compelling the government, to assume that
debt, and finish and run the roads.
THE COLOMBIAN SHIP. CANAL.
Next to the Pacific Railroad, to be com•
,
pitted in June, 1869, will be the now much
talked of Union of the Atlantic and Pacific
Oceans, by a ship canal at Darien, now in
serious contemplation, by which the old .
States of this silie will make a short cat to
the Pacific 'States and Territories, to the
South American Republics, on the western
shore, to China, Japan; India and Australia.
A complete survey of the' route is provided
for, and negotiations relating thereto with
the Republic of Colombia are now going on.
The estimated cost, says a cotemporary, is
one hundred millions, and this can be taken
at once. The conditions upon which the
Republic of Colombia wishes it to be built
are these :
"Duration of privilege, ninety-nine
years, from the day the canal Is opened to
public service inwhole or in part, and four
teen years the maximum time from the date
of the concession for its completion. The
canal shall have breadth and depth suffic
ient for steam or sailing vessels of the high
est tonnage now used, the 'Great Eastern'
excepted. Ports at each 'end shall be free
and open to the commerce of all nations,
and no duties on imports shall be collected,
except on merchandise for consumption in
the Republic of Colombia. Ports and waters
of the canal from sea to sea to be neutral;
and the passage of war vessels, whose
purpose is to take part In hostilities,
is forbidden.' Grantees have the exclusive
right to , fix lhe tariff of rates ; but they
shall not exceed 75 cents per ton in ballast,
$2 on each fon of cargo, $lO for each per
son, and one-half of one per cent. on gold,
silver or platinum, coined 45 money or In
bars, and on precious stones. The prices
shall be equal on indvidual vessels, mer
chandise and property of all nations. Ships
and merchandise belonging to or in the ser
vice of the Republic of Colombia shall pass
through the canal free of charges, The
grantees shall have for the uses of the canal
a strip of land along its outer bounds, but
land owners along the line shall have the
free right of easy access to the canal and its
ports. The grantees shall pay the govern
ment of Colombia for the first. 25 years 5
per cent., and for the remaining 74 years 8
per cent. of the clear annual profit of the
enterprise; and this per centage shall be
guaranteed to be not less than $OOO,OOO a
year."
If this connection of great•waters Is to be
accomplished as a company enterprise and
by individual capital, no one can object,and
all will wish the project an early consumma
tion. But if it is to be projected and sus
tained by the Govemment subsidies to any
extent from the United States, it will cer
tainly and properly meet with decided op
position from tax-payers all over the country.
taut mining district of which Denver is the
centre. It as.
,true economy to do so; for
then the entire road will be remunerative,
and be able to pay the interest on the bond;
advanced. C.
The Financial Question in Congress.
We learn from Washington that the Com
.
mittee on Banking and Currency have un
der consideration the recommendations con
tained in the report of the Comptroller of
the Currency in relation to bank reports,
banks in voluntary liquidation, the periodi
cal stringengency. in New York City, pan
ics, specie payments and free banking. It
is reported that a . rnajority of the Committee
seem to be in favor of the Comptroller's
plan of remedying the system of requiring
'quarterly bank reports to be made on a spe
cified day, by which the letter and not the
spirit of the law has been very easily com
plied with; the banks being careful to ex
hibit the required amount of reserve at that
time. The Comptroller contends that the
actual working condition of the banks can
hardly be expected/0 be shown when the
day of making the report is known in ad
vance, and recommends that 'section 84 of
the Currency act be so amended as to au
thorize the Comptroller to cell upon the
banks for five detailed statements , or re
ports during each year, fixing' upon some
day that is past, es such a change would bar
the preparations now made about the end
of each quarter, and prevent outside opera
tors from conspiring against the banks and
the honest trade. The evils of the present ar
rangement mentioned are no doubt true,
and the remedy suggested, it is believed,
would be adequate to the end. The
mittee, we understand through the same
medium seem favorably inclined to the
proposition of the Comptroller that bank
ing associations going into voluntary liqui
dation be required to provide for their out
standing circulation in lawful money, and
take up their bonds within three months,
under penalty:of haring their bonds sold at
auction in New York city, and to pay such
association the excess of the amount requir
ed to pay outstanding circulation. This,
he claims, will remedy the present partial
system authorized by section forty-two of
the Currency act, by which & banking asso
ciation may go into liquidation, pay off its
creditors, do no business, and yet reap all
the benefits of a circulation guaranteed by
the ,Government. In some cases two or
three have owned a : bank, gone into liqui
dation, done business as private bankers,
avoided taxation, evaded the requirements
of the Currency act, and still retained the
most profitable feature of a National Bank.
The establishment of a central redeeming
agency is not so generally favored. Pretty
much all outside of New York will oppose
it. In regard to the periodical stringencies
in New York, and the loaning of money by
the banks in large amounts on call, by
which the reserve fund is handed over to
the tender mercies of Wall street and its
purlieus, decisive action will be recom
mended by the Committee, but exactly
what, is unknown. The same may be said
of the proposed squelching of the causes
that bring about a panic, no theory of the
number advanced seeming to carry with it
sufficient power of conviction to be called
the plan, though Comptroller Hnlburd's
idea of holding in reserve a certain amount
of legal-tender notes in excess of the amount
of money in regular circulation, is the one
most discussed and has the most support and
the most opponents. Regarding a return to
specie payments and free banking, an at
tempt to enumerate the various theories by
which the former desirable objectmay be at
tained would lead too far into the mazy labyr
inth of financial propositiona; while it may
be safely said that the Committee are disposed
to act favorably upon the most of the re
commendations of the Compkroller, but
the question of specie Payments being such
a vexed one, it is not at all likely that the
report will favor his proposition unamended.
—Phan. Ledger. ,
COUGHS, COUGHS, COLDS, COLDS,
When a person takes cold the lungs become
charged with phlegm, which oppressing the con.
siltation a natural effort is made for a relief.
This etiort is a cough., The only safe and prudent
remedies to be adopted are those hick assist na
ture la its wort, by loosening the phlegm and excl.
.ting a freedom of expectoration until the evil is re
moved. DE. BAItGENT , I3 COUGH Tamp is ad.
mlrsbly adapted to promote expectoration, ease the
breathing, loosen the phlegm. abate the fever, and
allay the tickling which occasions the cough, with
out tightening toe chest, or in any way Injuring the
system, and for all temporary and locil affections.
such as Irritation of the throat, hoarseness Of the
voice, influenza, to., it is of incalculable value. Es
pecially at this Inclement season of the year It
would be well for every faintly to hive this valuable
remedy at hand. Prepared bJ GICG. A. BELLY.
Wholesale Druggist,corner Wirod street and Second
ay. nue, Pittsburgh. and for vale by all druggists
and dealers In medicine. 80 cents per bottle. .
TICE GREAT PICTORIAL A.IINUAL.
Hallo:titer's Milted States Almanac for 1889, tbr
distribution gratis, throughout. the United States
end all civilised coentries of the.estern Ben i to.
phere, will be published about the arit of January,
and all Who wish to understandtbe true philosophy
,of health should read and ponder the yre noble sag-.
Britton, It 'contains. 'ln addition to an,admtrahle
medical Violin on the CAW es, preyention and cure
Of egreat varlet,* of diseases, it. ernifraces a large
- amount Of letseination Interesting to the omrchant,
the Mienanie. the minCr, thi firmer. the, planter.
sod 'irafeillonal man; and the oslettintlona have
been made for such' ineridlina and latitudes as are
i . inost Sellable tot a Come and conprehenalve
sioitatTAtirwAtt.
•-Thn natire, tees, and cut:partible!, piziltary
Anti of MOSTilt i rtitit'SoolfACH MATTERS, the
staple tobib and alterative' pi; more than iialf the
, Ohrlitian viorld, are folly:set forth 1n its Weil.
• which are ilso inte.rspened 'pictorial illustri;
'dons, Talubble receipts tor the household and tem,'
liumeronsf anecdotes, and other lnitructive and
amusing teadisig matter:. original and : selected.
Among the Animals to annumr with the ()inning of
the year. 'tali will be one of the most useltd, and
may 'Whoa for the asktuO. I Pellet for copilot° the
'Central Manufectory, at Pittsburgh, Pa.. onto the
nearest dealer in' IitSSTETTERI STOMACH MT.
Tjtitti. The BIT rims are Mold tit,every 4ty, town
and village, gild are extensively used; thiotighout
the entire civilised world, • '
THE : GREAT,EST OF ALL COUGH
MEDICINES.
„At ;thle time of the year, when the streets and
. , .
Pavements-are covered wi t h snow and' slush, It is
•
- no wonder thet the natural pores and conducts of
the body become obstructed, and whole °immuni
ties become anecteb with coughs arid pulmonary
iind throitialments. One of tit; very , beat cuter for
all these disease, will be found, in DR. .ILETI3Itft'B
PECTORAL BENUE', which at once sets free the
Imprisoned matter, removes ti e obstruction: and
allays the irritability of the nervous system in such
• way as to do ,no injury to health, or interfere with
one's usual avocations., Whet 'blessing it must be
to have so potent a reined? In the house as DR.
4111.YeltIPd PECTORAL ATRUE, wnich. for over
twenty years, has gained on.the it/Actions end re-,
stereAt the health of thousands of our people. To'
get tkiibe.iit of whet le golpg Is a good rule!, an►-
thingi•but it irespeelsilly true with regard to mein..
eine,. and there lasso COug4,Ulo4loftlie. that.we *now
. 4 of equal potency; both as a cure and preventive.
than Pst...xigr§trcis Elmo osix STADE.. ” , , •
.. Bold at the great Medicine °tore, No. 140 .Wood.
*stet. WILL REMOVE,. AETAR ANILMIT Is;
'ef 187 LIBERTY e.PIERT, ty°Aporit beypw'§atitt
131 ai r . - ' •-:
. '
Plti gleta/Clil_kidMiliilliT l qiiktile k • ,mrse.
1 1X- 1 9 11 1 0 _: • Altcele,oo, TkIVTUI. ot
t
' 6Bwri l i ' atirg tlitt°4l ‘)3l/ 4 4148 1 '
arazirr:Prrms.-1. 5ii04 1 , r i Lst ,„
~...
mr4; otieva b .4 ,, ,- i - -
December 18,'1165.
Railroad Affairs
The Erie Railroad has just effected a com
bination with Western roads, which will
give it entire control of a direct East and
West route.
A short time ago It purchased the Atlantic
and Great Western, and now that corpora
tion has perpetually leased the Indianapolis,
Chicago and Columbus Railway, which
gives it control of seven hundred and fifteen
miles additional road. It is said that a third
rail will be laid on the road from Urbana,
Ohio, to this city; and on the Great Eastern
.Road to Chicago, which will make a broad
gauge road from Boston and New York to
Indianalielis and Chibago under the man
agement of one organization. It is also
reported that arrangements Rill be made to
bring the Terre Haute and Indianapolis
road into the combifiaticn, which will give
the Erie control of a direct broad-grage
route from Boston and New York to St.
Louis, making it the most gigantic railroad
corporation, excepting the Pacific, in the
world. The arrangement with the Indian
apolis, Columbus and Central Road goes
into effect on the first of February next.
The Ohio and Mississippi Company has
also been brought into close relations with
the Erie, and the gauge is to remain on the
broad principle., These negotiations are a
continuation of the progress announced
some time since.
The Pittsburgh, Fort Wayne and Chic,aqo
Railroad have ordered the immediate con
struction, at their works at Fort Wayne, of
six locoinotivss, four sleeping cars, ten pas
senger Gars, and six hundred freight cars,
to meet the constantly increasing business
of the road.
CHARLES WENTWORTH DILEE ' in his re
cent work, Greater Britain, puts the politi
cal position of this country so pointedly,
that it is a pleasure to ourselves as it will
be a benefit to our readers to quote the
trenchant sentence in which he sums up the
whole question:
"Finally, the Democratic party in the
country' consists of New York City and its
foreign element; the Republican represents
Americans, pure and true."
Sir NOTIOSS—" To Let," "For date," "host. ,
"Wante,"' "Found," "Boarding." Fe., not at.
cutting FOUR LIPS'S each will be,teseerted in thud
eotumns enee tor TWENTY-FITS CENTS: inn
additional Use ITS OSIITS.
WANTED---HELP.
WANTEWIANTED—HELP -At Employ-.
went Office; No. Bt. Clair Street, BOY: S
D—HELP
.Sand MEN, for different kinds of employ.
went. Persons wanting help of all kinds can hi
supplied on short notice.
WANTED---SITUATIONS.
WANTED—SITUATION—By one,
ark° can adapt Inniself tu circumstances. He
la a fend r writer and quick and accurate inegures.
Address EA ILNEST, liazette once. •
ANTFD—SITUATIOIC--A gen
tleman teacher of exp-rlence desires a school.
Location , immaterial. • Address, staling salary,
"Teacher,' GAZETIS olillce.
W ANTED---BOARDERS,
UTANTED—BOARDERS—PIeat
ant rogm, with board, suitable for gentleman
and wife, or two young gentlemen at 68 FOURTH
!THEM'. Alto, a few day or dinner boarders can
be accammodated. Reference rrqulred. •
WANTED -6. -AGENTS:`.
lAr ANTED AGENTS—S6O to
1200 PER MON TII—To sell a New Book
pertaining to Agriculture a:,11 the Mechanic Arts,
by GEORGE E. WARING. Eeq., the dietinguislied
Author and Agricultural Engineer of the Nea York
,Central Park, de.. Nothing like it; 200 Engra
vings Sells at sight to • Farmers, Mechanics and
woritingmen of all classes. Send for Circulars. A.
Z. TALCGTT4 Co., 58 Market street, Pittsburgh,
WANTS.
W. AIIITED-PA RTNER. WITH
a . capital ol Prom 43,000 t 0115,000, to assist
in manufactuang and salting a valuable patented
Machine, which is fully ggrfect ed, and the intsin , as
already established. )or pigticularscall at WHITE
BROS. & CO.'S Agricn.tural Warehouse, Yo. 6
Seventh avenue. , •
WANTED—TO BENT—Any per-
t
.on having • conabrtable bottle of' Your or
Ace robins, In a desirable location In either city or
suburbs; can bear of at good tenant by addressing
J. B. S.. IiAZETTY OFFICE-
mr. .5,000 TO LOAN ON BOND
And mortgage on Allegheny
County Property. Apply to or addtessellt.FT &
Beat - Estate Agents, 1i0..139 Fourth
avenue. . '
WANTED. Thirty -- to Fifty ,
'lhousand ALLEGHENY VALLEY RAIL
WAX BONDS in exchange for. predacitye city
property, Also first ci.as mortgage security for .
Twenty-711re Thousaad Dollars, three or five years
to run for ca.h. Address D. L., Care Bilisteffice Box
- •
TO LET.
TLET -OFFICE - A tine -room
on second floor .of •LPHELA2Vo
LS.," FIFTH JI:I7)SNUS , with good jight and
ventilation and all the conveniences of s drat cis
came. Rent moderatf. Enquire of JAMES
PIIE
LAN. on the premises: I
eTO LET—Two most Eon*enteut
HOUSES—One with eight rooms and 'the other
even, .ou Eigr th street u. sr Fenn, opposite Christ .
Church. Inquire AC2I7 Penn street. f
O LET.--TWO HANDSOMELY
furnished rooms, with du and. lire, one on trot
oor, end one front up stairs. Inquire at /99 Third
avenue.r : • •
'WANTED—TO BENT.—TWO or
WIRER BOOMS OR A SMALL HORSE. in
• pleasent location, by anion and wile:- no children.
Good reference. address 0., Oaarrra °Fries.
FOR SAL
Vtt O SALE--DESIKABLE FARM,
1 Containing .191 acres, located In Al ashen)
county, 94 miles frcm the c.ty. fronts one'est
Rennsylvania Railroad. and the unildhigs are with-
In tettrailintei walk of Natrona and N.arnes stations;
81 acres of timber. 90 ao , es, in. gran. The whole
Jana esn be worked by machinery; good bricehonse
of 8 rooMs .and splendid cellarclears frame barn
and all necessary outbuildings; 800 choice ; grafted
fruit trees of all varieties; good sell, and wEery - 's
tered; would make a splendid dairy feral.
thint la dria.class order. w 'end needannlT to be seen
to be appreciated, wid be told lo as the owner le
Month.
determined tOonth. Terms f asy. Apply tour
address CROFT - A.PRiLLIPB, Reel - Estate Agents,
No. 139 FOURTH
rR fiaLlE-41. , Grain -Business
AND, located on the line of the ono.; O. k
A. W., Mate best grain district to Ohio. con.
dating of e two stoty Dente warehouse, 30 by GO,
convenient to Railroad. with side track )enning in.
to it to accommodate, the loading end shipment 'or
drain: lot 80 b 7,100 feet. This le a tare chance for
a party to engage in tt paying boldness - as this stand
controls the Orsin trade for 80m11es arc and. There
greater advantages connected with the stand which
will be explained on application.. Satisfact.ry ne
lsons given for selling, Apply to or address CROFT
.1t PHILLIPS No 139 Yount e.
.
PH l OLA l la ti vi E gn afro lj it ,l 46 felt s on jiL fe A ast E rs7'
%OD street, just ab o ve the Grata Klevator. bir 11;
feet deep *long HILL alley.. on whicts.is erected 3
three story brick butneas •houses, now renting for
$l.llOO per year. L-ase has 111 years to 'on. tiround
r nt low. Sold separate.or tog , ther. Prtee low and
terms easy. Apply to or address CittrYT a PHIL.
'LIPS, Meat Estate Agents. 439 You, thavenne. •
FOB-841LE—BUSINESS STANII--
_ &well known and Vrosperoos wholesale bust
new; stand. with stock andlixtores. is offered for
Pathf sctory reasoni axe given for the dispo
sal. Aiply at II WOOD STREET. • •
FSALE—That fine two story
warehouse, 114 by 64 het. situated on
Ü b ß rlrt
OHIO !STREET, Allegheny chy No. 98, now nem
plod as a Flour and Grain Walehouse. Also, that
two story brick ,dwellleg house, 110 by 64 feet:ad.
joining the above containing SIX rooms. For
Anther particular* enutdrs on the premises of 11.
STEEL & dON. . •
FOll SALE--An old,T avern
umd,IscwomiITHMLW:WrIMIT. Yor
partten'irs enquire at iOBBPU
Iddl'• Head Tavern, Seeeed Avenue;
F UR SALE M . acres
- 'or rbottlAns.-mtnated in Tenn -T.,_West•
morelamscontity, two miles from Irwin Sk Was. on
the Penna. R. li. Improvements, bayed WM 1 ` 01 : 16 •
In good repair, bank barn-and other outbuilding , .
Terms modera te' . linqiiire of W. WILSON, Lar/'
nee* Station. or It. A. HOPS, Penn Station.
SAILIC--Av new haute - of
V Sena rooms I gni &cid rwalor, with lunge
chem. ou
corner PRIDE sad FOS SES
•nlee a honey of folic rho=icrieit frnl4 0111 if °Au, •
Urea;
pio n - SAZZ.-1111111U "-MIR ta rt'
Lt. ant elan retail drug .
ocatios. Tessoreasy. Agdr*M l box nub
WIWI.. •