then I shall take you home with me: By the
way, where is the fellow? Bring him hither.”
“I await your commands,” said Mr. Smith.
with a. demure smile.
The sherifi' stood thunder-struck, then burst
into a hearty laugh. -
“You don't mean to say that 1 have got out
of a comfortable bed and come all this distance
‘l-o convict the son of an old friend whom l have
known from his cradle ? That’s rich! I wonder
what the Governor would say, to hear that his
son is an escaped convict? Ha! ha! ha! What.
mad prank have you been playing, John?
When you left 115 a few months ago, I thought
you were going immediately to open on ofice in
the city.”
During that, speech. the accusers looked at
each other in dismaygand at the conclusion, one
after another crept away in dire confusion. A
chaise was seen dashing furiously down the hill.
'lt contained the old and young sguire.
The family were left alone, With the excep
flan of the high sheriff.
The good farmer looked triumphant and ex
cited, as he brought down his heavy fist upon
the table, exolaiming: “I told them so, the
rascals 1"
The sherifi‘ shook the honest farmer’s hands
heartily. ‘
“By the way, you young scopegrace, you
haven't explained. What have you been about,
to raise such a commotion ? The talented John
Smith Coleridge, only son of his Excellency,
the Governor of this Commonwealth, shouldn’t
be committing mad exploits.”
“Only doing, sir, what Jacob did for Rachel
«serving for my bride,” returned the young
man, leading forward the now happy and
smiling Caroline.
--'Whew ! Well, really, John, you might have
improved your time worse. I approve of a.
young man’s losing his heart, provided he will
lose it to one who will take good care of it.—
"I his young lady will take faithful core, or else
i am no judge of countenances,” looking keenly
into the modest, ingenuous face of Caroline.—
“You have my best wishes, John, and this young
lady, also, for your future wedded happiness.”
Andthese wishes have been more successfully
realized than many have been, uttered under
similar circumstances.
@133 sslll:th a? fiß’nimt.
_-_...»Wm
THURSDAY MORNING, DEC. 6, 1860
D; BARRETT acknonus c. MADDOWELL. Pub
lishers and Proprietors.
Communications win not he published in the Pu'mo‘r
all! 1331021 unless accompanied with the name of the
“that.
s. M. PETTENGILL k CO., ,
Advertising Agents, 119 Nassau street, New York, and
2!: State street, Boston, are-the Agents for the rumor
um Uncut, and the most influential and largest circu-
Bning newspapers in .the United States and Canada: .
‘Ehey are authorized to contract for us at curtains: mm
FOR SALE.
A secondmaud Anus Puss, platen 39 X by 26 inch en,
.1: good order; can be worked either by hand or “cum
3 enter. Terms moderate Inquire at this oflce.
TO THE FRIENDS OF THE PATRIOT
AND UNION.
We mum attention of out yearly club subscribers to the
fact that their subscriptions will expire during Decem—
for and January ensuingv We should like very much if
onr campaign and yearly subscribers would renew their
zubleriptions and use their influence to extend the dr-
caution of the WEEKLY ano-x- AND Bytes. The
terms at which we ofl'er it to clubs are as low 15 any
paper containing the same amount of reading matter
yahlishefl in the Union
In view of the existing state of afi'airs, there will be
an excitin'g time at Washington, and it is not unlikely
that we shall have s lively time at the State Capital.—
A: the former we shall have a. reliable corresyondent,
and at the Inter competent reporter: to give the Legis-
lzfive new: and all other occurrences worthy of note.—
We ahalhlao give our u§ual compendium of foreign Ind
domestic news, and spare no pains to make thePumor
11w 8510:: one of the best (as it is» the cheapest) family
journals in the State
Hoping that. our friends will nuke some exertions ta
extend the circuhtion of the paper, either by clubs or
otherwise, we call attention to the
TERMS
DAILY PATRIOT AND UNION
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us the names of those constituting a club, as we cannot
undertake to address each paper to club subscribers
separately. Specimen copies of the Weekly will be sent
1.0 all who desire it.
0. BARRETT B'. 00.,Harrisburg, Pa
The President’s Mange.
At. no previous period of our national history
has the message of the President of the United ‘
States been looked for with more solicitude
than was the last annual message of Mr. Bu
chanan; for it was felt that uyon his recom—
mendation might depend the future of the
country, and that the issues of peace or civil
war were, to a great extent, in his hands. The
whole tenor of the message is calculated to
soothe the asperities now threatening to dis
rupt the Union. If any man 'in the country
has the right to speak with authority to the
South it is James BUCHANAN, as President of
the United States and head of the Democratic
party; for in his official capacity he has ever
been faithful to all his constitutional obligations,
and as a. party leader has endeavored to bring
about those just concessions which, had they
been granted, would have saved the country
from the perils that now environ it. His posi
tion as an officer and a man demand that his
counsels should fall with great weight upon the
people of the Southern States, now contempla
ting revolution as the last remedy against real
or fancied oppression.
The President traces our present (iifl'icttlties
to their true source when 'he attributes them
to the persistent agitation of years against the
system of negro slavery as it exists in the
Southern States, and to the alarming sense of
insecurity growing out of that agitation. lie
fore the Republican party existed there wasa
band of organized agitators in the Northern
States devoted to running away negroes and
inciting servile insurrections at the South_
and the evilhas been growing and extending,
until it culminated in the formation of a sec
tional Northern party. thoroughly imbued and
entirely controlled by hostility to the institu
tions of the Southern States. It is true that
the platforms nationals of _the Republican
party profess loyalty to the spirit of the Con— i
stiiuzion, and disclaim any intention of inter- 3
faring with the domestic institutions of the 3
Southern States. But professions weigh no- ;
thing when contrasted with facts. While 0. 2
party exists with theparamoum idea ofhospiut’y i
to 31’1""! 7 it necessarily encourages every form ‘
Of that hostility : and must be held responsible Y
for every degree of its manifestation. Since
the organization of the Republican party the (
Abolitionisgs have ceased to exist in this lati- '
tude as a seperate party, because they merged I
t‘hemselres'in the Republicans, deeming that
the best means of promoting their ultimate ob
jects. Every form and degree of Abolitionism
has flourished and developed under the foster
ing care of this Republican party, which, when
confronted with the fruits of its own teaching,
meekly points to its platform, and says, “we
“mean no harm to the Southern States.”-——
Taming from fair words to foul deeds, the
Southern people find that the consequences of
Republicanism are—the encouragement of Aho
litionism, which does not hesitate to avow hoSv
tility to slavery wherever it exists; the enact
ment of unconstitutional laws by Republican
Legislatures to nullify the fugitive slave law;
the circulation of incendiary publications
throughout the South, calculated, if not. de
signed, to encourage se’rvile insarrections, and
endanger the lives of the Southern people; the
promotion of John Brown raids, and the subjec
tion of the Southern States and people to a.
position of inferiority. These are unmistaka
bly indicated as the consequences of the ex
istence of the Republican party, which, how
ever moderate its professions, cannot escape
direct responsibility for what it promotes or
encourages, and is naturally judged by the
, Southern people from its fruits, and not from
j its platforms. The fact is apparent that while
‘ these things continue the Union cannot endure.
It has sustained the pressure for many years;
but. we have at. last reached a point when the
bond of union must be broken, unless the pres
sure upon it is immediaiely abated—and the
first step to be taken in lightening the cargo
which threatens to sink the ship, is to throw
overboard the personal liberty acts that. now I
disgrace the statute booksot‘ so many Northern
Statescontrolled by the Republican party. 4
The President shows conclusively that seces
sion is not a remedy conferred upon any State
by the Constitution against the encroachments
ot' the General Government, but that it would
he a revolutionary step, onlyr justifiable “as the
“ last desperate remedy of a despairing people,
“ after every other constitutional means of
“ conciliation has been exhausted. ’
Notwithstanding that the message takes
grounds against the constitutional right of any
State to secede from the Union, the position is
maintained that the Constitution has delegated
to Congress no power to coerce-a State into
submission; and this doctrine is fortified with
powerful arguments. We do not see how they
can be controverted. The proceedings of the
Convention that framed the Constitutionflthe
very highest authority—show that “Mr. Ed
“ mund Randolph’s plan, which was the ground
“ work of the Constitution, contained a clause
“to authorize the coercion of any delinquent
“ State. But this clause was struck out at the
“ suggestion of Madison, who showed that a
‘* State could be coerced only by military force;
“ that the use of military force against a State
“ as such would be in the nature of a declara
“ tion of war; and that a state of war might be
“ regarded as operating the abrogation or dis~
“solution of all pie-existing ties between the
“belligerent parties, and it would he of itself
“the dissolution of the Union.” Thus it ap
pears that the idea of coercing disobedient
States was proposed in the Constitutional Con
vention and rejected. ,1, >_
-But the President advances one step further
in the argument. Suppose a State can be cc
erced, how are we to govern it afterwards?
Shall we invite the people to elect Senators and
Representatives after they are subdued and
conquered? or shall we hold them as subjects,
and not as equals? How can we subdue the
unconquerable will? and how can we practically
annul the maxim that all governments derive
their just powers from the consent of the gov
erned? Such a process would undermine the
foundations of the government and destroy the
principles upon which it is reared more cer
tainly than to admit the want of coercive power
in the general goverment. ‘
The President concludes that portion of the
message relating to our domestic troubles by
suggesting that they may be settled by amend
in; the Constitution, in the way provided .by
that insfi-ument, so as to secure to the South
the rights for which she contends.
. It would be well for the country, in this the
hour of her peril, when embittered sectional
feeling has brought us to the very xergc‘of dis
solution, and possibly of civil war, if both sec
tions would profit by =lhe patriotic advice of
the Pre'sident of the United States, and agree
to perpetuate this Union by mutual forbearance
and concession. Let the South pause before
striking the last fatal blew at the Union, and
await the time when a returning sense of jus
tice shall induce the North to concede all her
just demands, and make her continuance in the
Union more desirable than a separate Govern
ment. Let the North cease its unmanly ag
gressions—repeal its unconstitutional statutes
—stop its reckless agitation against an institu
tion for 'which it is not responsible and over
which it has no control—overthrow any man
or party that seeks to perpetuate strife;and
the Union may yet be preserved, and even made
stronger and more enduring by reason 01’ the
shock it has endured. But without this spirit
of concession and mutual forbearance, there is
nothing to hope for in the immediate future
but contention and disunion.
Vlm‘uxu GUN FACTORY.—The Staunion Vin
dicator learns that Messrs. J. M. M’Cue, J. D
[mbodem M. G. Harman and others have pur
chased the large freight depot of the Virginia
Central Railroad, at that place, for the price of
$3.500 with the view of establishing a manu—
fac§°r3f of- the newly invented repeating gun,
yhmh is now attracting so much attention, and
IS the mvenfion of Lorenzo Sibertr, of Augusta
county. ‘
Four burglars entered the house of MP-
Stricker, near Philadelphia, on Monday morn
i3B7 and While iwo of them kept guard over
Mr. S. and his wife. an aged couple, um other
two gathered everything valuable together and
made 03' with it. Their partners then tore up
the sheets and other bed clothes and tied the
old people‘to the bedstead and also left. '
It is stated that 28 clerks in the land office
at Washington, were. discharged on. the 30th
"1!. V
G 0 1731257)}! EN 1' FIA’ANGES.
--—————.-v~———~.._
REPORT 0!“ THE SECRETARY Of
THE TREASURY.
,_-.,.._.A___
The report of Hon. Howell Cobb, Secretary
of the Trsasm'y, to the lower House ofCongress,
is a concise but. very interesting document——
the straightened condition of the finances of'
the government, which have béen adversely
affected by the unexpected political troubles of
the country, giving it especial importancejust
HOW.
TILE LAST FISCAL YEAR
The report shows that. the aggregate means
for the support of the government during the
fiscal year ending Julie 30, 1800, amounted to
$81,091,309.43, inclusive of ~3. balance of
$4 339,275.54 which remained over in the
treasury from the previous year.
The expenditure during the fiscal year end
ing Juno 30, 1860, was $77,452,102.72, (inclu—
sive of $17,613,628 of public debt, redeemad,)
which, deducted from the aggregate receipts as
above of $81,091,309.43, left a balance in the
treasury on the Isl July last of $3,629,206.71.
Of the receipts during the last year $19,395,-
200‘were from treasury notes under the act of
Dec. 23, 1857, and $1,380,000 from loan, per
act June 14,1858, and from other sources'as
follows: Customs, $53,187,511.87; public lands,
$1,778,553.71, and miscellaneous, $1,010,764.-
31‘ - -
PRESENT FISCAL YEAR.
The receipts of the past quarter of the fiscal
year 1801, from July 1 to Sept. 30, 1860, have
amounted to $16,719,790.04, (there 18 an in
crease of $172,160.60 from customs, as com—
pared with same quarter last year,) which, with
the balance of $3,629,206.71 in the treasury on
]etJuly,lB6o, makes”... .. . . ..... . .$E0,348,096.75
The estimated receipts during the three
remaining quarters of the current fiscal
year, 186], are—
Frnm customs. .. . . . . . .. . . . $40,000,00000
From public lands. .. . . ... .. . 2,250,000.00
From miscellaneoul sources. 750,000.00
From loan, authorized June -
22d,1860.. .... .. ..." ... .. 21,000,000.00
#_ 54,000,00000
Making the total of nscertuined and examine,
ted means for the service of the current
fiscalyearlSGl.........-.. . $4,348,996.75
The expediture of the first quarter of the
v current fiscal year—that ending Septem
ber 30th,1660—we5.................... 16,543,472.59
The estimated expenditure from appropri
ations heretofore made 13 y .lew, during the
three remaining quarters of the current
“fiscal year, 1861, according to the report
of the register, i 5........ . .. . 46,935,232 58
The loan of J one 2%, 1860, the amount of
which is stated among the means of the
fiscal year. 1861, is expressly required to .
be applied to the redemption of treasury
notes—the amount of those notes and
interest Ihercon. deducting $375,400 re
deemed during the first quarter. . . . . . . . . 20,624,60000
Making the aggregate expenditure, ascer
tained and estimated. for the current fi5ca1gcnr1861..........,................5903,103.17
calgcnr1861..........,................$903,103.17
Whit: amount“. deducted from the total of ‘
ascertained and estimated menus for the
nervice of the current fiscal year 186], as
before sedtat, leaves a. balance in the
treasury on July 1, 1861, being the com
meneement of the fiscal year 1862, of.. .. . 245,891.58
The foregoing statement assumes that the
whole sum embraced in the estimated expen
diture for the remaining lhreequurters of the
current fiscal year will be actually called for
within the year. The amount stated, $46,935,-
232.58, does not include the entire balance of
the appropriation heretofore made by law, but
such sums as the respective departments have
indicated may probably be required. But in
’ptactice for many years past the sums drawn
from the treasury during any year have been
much less than the amounts estimated 'as re
quired within. such year, according to the char»
acter of the appropriations and the exigencies
of the public service. It may he, therefore,
fairly anticipated that. should the operations of
the government proceed in their ordinary
course, that. at least four millions .of dollars
more may be deducted from the estimated ex—
penditure of the current fiscal year, increasing
the balance in the treasury on July 1, 1861, to
that extent.
lsrmnns run The “so”. run Fnou JULY 1, 1861, T 0
JUNE 30, 1862.
Estimated receipts from customs..»m ... . .$60,000,000.00
Estimated receipts from public lands" .. . 3,000,000.00
Estimated receipts from miscellaneous
50urce5................................ 1:250,000..00
Estimated balance in the treasury July 1,
1861................................... 245,891.85
Aggregate estimated menus for the fiscal
year 1862............... . . .... .364,495,891.58
Estimated expenditure from permnnent
appropristions...“ ......... .. . . . . ... . . $9,626,386.20
Eltimmted expenditure from bulnnce of
former aspropriations not before re
‘quired.....- .....-.--..-........ . ...... 12,198,11162
Estimates now submitted by the Execu
tive departments for appropriations by
0011311555.. .. ....... .. . .... . ... 46,539,227.20
Aggregate animated expenditure for the _
fiscel year 1862... . . .......... ..... . ($8,363,726.11
Showing a. deficit of eatimeted means for
the service of the final! year ending J um
30, 1862, of. .. . ...“... . . ..... .. . .... .. 3,867,88463
The suggestions above mode, as to not. draw
ing from the treasury during the year. the
whole amount. of the appropriations authorized
by law, will apply to the estimates, so that, in
stead of the above deficiency of $3,867,834,53,
there will probably remain in the treasury on
the let July, 1862,’ a balance of about $8,000,-
000.
The correctness of this estimate of expendi~
ture for the present and next fiscal years may
be illustrated in another and simplier.form.—
The entire expenditure of the government for
the_fiscal year ending June 10, 1860, exclusive
of the redemption of treasury notes, ivhich are
otherwise provided for, and the interest on the
public debt, was $59,848,474.72, and in that
sum was included $4,446,009.26, to riteet a de
fioieney in the Postflice Department, produced
by the failure of the postoflice appropriation
bill at the second session of the thirty-fifth
Congress—thereby causing this amount to be
paid and charged in the expenditure of the fis
cal year ending J was 30. 1860, though in point
of foot the service was rendered and the lin
bility i'ncurred’in the preceding year. It should
be borne-in mind that the sum of $59,848,474.-
72.. included not only payments growing out
of such’appropriations as had been estimated
for by the department, but all other sums up
propriated by Congress. There is no reason
why the expenditure for the present or next
fiscal year should exceed that of the last year.
Allowing, however, a. margin for an increase,
it may be safely stated that the expenses for
the two years will not exceed $60,000,000
each—making the amount to be provided for
$120,000,000. The estimated means of the
treasury for the same period are, for the present
fiscal year, $63,348,990.75, and for the year
ending June 30, 1862, $64,250,000, which
would leave an excess of estimated means over
estimated expenditure of $7,598,996.75.
The estimates of receipts into the treasury
have been made withoutreference to the finan‘
cial and commercial panic, which has assumed
so threatening an aspect within the last few
days, and of which 1 shall speak more fully
hereafter. The country was never in a, more
prosperous condition. Uur planters and farm
ers have been hlest, as a; general rule, with
abundant crops, and were realizing remunem
tive prices for all kinds of products. The ex
ports of the last fiscal year had reached the
enormous sum of $400,122,295, and the imports
for the same period were $362,163,941,yi51d.
ing a revenue from customs of $3,187,511.37.
The exports of domestic produce for the present
fiscal year, as far as they have been received,
indicate an increase fully equal, it'not greater,
than that. of preceding years, thus authorizing
the estimate of increased revenue from that
source. Apart, therefore, from the threatened
embarrassments in the trade and business of
the country, these estimato=, both of expendi‘
ture and receipts, would be submitted to Con
gress with great confidence that they would
not vary very far from the actual results.
It is impossible to anticipate the effects Which
this threatened revulsion will produce upon the
business of the country. The absence of 311
the ordinary classes for. such a state of things
leaves no date upon which to niake calculations
—all the elements of prosperity are in exist
ence—abundant crops with _remunerntive Pri—
C’.‘S, Inf-T193 seeking 99-” mveetmenta, and,
indeed, everything to indicate: more than the
usual increase in trade and business. The
causes which have' so suddenly arrested this
tide of prosperity must be looked for outside
of the financial and commercial operations of the
country; they are of a political character, and
therefore so dependant for their ultimate effect
u pon future developments that it is impossible.
at present, to say what will be the extent of
their influence. If, as some suppose, they are
merely temporary, and will soon pass away,
then there will be no necessity for any action
of Congress, except to provide for the embar
rassments already existing in consequence of
them. If, on the other hand, the effect should
prove more permanent, the, fact will be made
manifest during the present session of Congress,
and in time for such action as will provide the
necessary means to carry on the operations of
the government and preserve the public credit.
Already has the treasury been seriously af
fected by these causes. The receipts from
customs for the last. few days have greatly fal
len ofi‘, and the limited amount received is com
posed each day of an increased proportion of
treasury notes not yet due. The indications
are that such will, at least for the present, con
tinue to be the case; not only so, but in conse
quence of the failure of bidders for the lots
loan to comply with the terms of their bids, a
portion of ,the ordinary revenues has been
withdrawn from the ordinary sources of ex
penditure to meet the payment of treasury
notes past due, and the interest thereon. This
condition of things demands the immediate
attention of Congress, and its early action will
be required to enable the department to carry
on the operations of the government, and at
the same time preserve unimpaired the public
credit. '
The permanent public debt on June 30, 1860,
was $5,079,203.08, and the outstanding trea
sury notes at that date amounted to $151.d90,500.
By the act of June 22, 1860, provrsionwas
made for the redemption of treasury _note: and
payment of the interest thereon. This not pro
vided for the issuing of stock for an amount
not exceeding $21,000,000, at a rate of interest
“not exceeding 6 per centum per annum, and
to be reimbursed within a period not beyond
twenty years and not less than ten years.” It
was the policy of the department to negotiate
this loan for such amounts and at such times
as would place the money in the treasury to
meet these treasury notes as they should fall
due. To have negotiated the whole amount
thereof, or any portion in advance of the notes
falling due, would have subjected the govern
ment to the unnecessary payment of interest
during the time the money would have re
mained in the vaults of the treasury uncalled
for. There was no power in the department
to call in the treasury notes until they become
due. Besides, the withdrawal of such an
amount of specie from the public would have
been attendedwith the most injurious effects
upon the financial operations of the country.
For these reasons, no negotiations of any por
tion of the loan was attempted until the Bth
day of September, 1860, when proposals were
invited for ten millions of the loan, which was "
ample to meet all the treasury notes that would"
fall due before January 1, 1861. The rate of
interest was fixed at five per centum per an
num, under the conviction that the loan could
be readily negotiated at that rate, for at that
time ’the five per cent. stock of the United
States was selling in the market at a premium
of three per cent. The result realized the just
expectation, and the whole amount ofiered was
taken either at par or a small premium. _ Be
fore, however, the time had arrived for pay- I
ment on the part of the bidders, the financial {
crisis, to which I have already referred, came.
Some of the bidders promptly complied with
their proposals, and others were willing to do
so, if required by the department, though it
would be at a considerable sacrifice. Under
these circumstances an additional term of
thirty days was given to all bidders who would
deposite one-half of the amount of their bids
within the time originally prescribed. Most of ‘
the bidders availed themselves of this exten
sion, and made their deposites accordingly on
or before the 22d November, 1860. A portion,
however, failed to do so, and to them the addi
ditional thirty days has been offered, on con
dition that they would increase their forfeit
deposit of one per cent. to five per cent. ' To
this proposition no response has as yetbeen
reached. The amount of the loan awarded to
this lastclass of bidders is $1,099,000. ’
The question presents itself, what action
shall be taken in reference to the. stock which
may be time forfeited? Therh is‘no poorer in
the department, as the law now stands, to meet
the case. It is recommended that Congress
should immediately authorize the department
to dispose of this stock upon the best possible
terms, holding the defaulting biddersrésponsi
ble for the difierenoe between their bids and
the amount for which the stock can now be ne~
gotiated. The necessities of the Treasury de
mand prompt action on thisaubject. Not only
are the treasury notes'past due‘rapidly coming
in for redemption,. but, as already stated. those
not due’nre being paid in for customsgtherjeby.
withdrawing from the regular operations, of
the government its principal source of revenue. >
To meet the remaining outstandingtreaaury
notes and interest thereon there is yet to be no
gotiated eleven millions of the stock autho
rized by the act of June 22, 1860. The state
ment just made of the difficulties attending the
payment forthe stock already sold. in connec
tion with the fact that capitalists, in the pre
sent condition of the country, seem unwilling
to invest in United States stock at par, renders
it almost certain that this remaining eleven
millions cannot now be negotiated upon terms
acceptable to the government. The condition
of the Treasury is such that no serious delay
can be indulged.- I recommend, therefore, a
repeal of so much of the act of June 22, 1860,
as authorizes the issuing of this additional
eleven millions of stock, and that authority be
given for the issuing of treasury notes to the
some amount, to be negotiated at such rates as
will command the confidence of the country,—
To create that, confidence, I recommend that
the public lands be unconditionally pledged i
for the ultimate redemption of all the treasury
notes which it ma become nece'ssh‘ry'to issue. 1
1 make this recohimendation of substituting
treasury notes for stock the more readily from
the conviction that there should always exist
in the department power vto issue treasury
notes for a limited amount, under the direction
of the! President, to meet unforeseen contingen
cies. It is a power which can never be abused,
as the amount realized from such source can
only be used to meet lawful demands upon the |
Treasury. No Secretary of the Treasury or 5
President would ever exercise it, except com- 5
polled: to do so by the exigencies of the public -
sex-viola. 0n the other hand, it would enable
the government to meet without embarrass- 1
ment ‘lthose sudden revolutions to which the 5
country is always liable, and which cannot ;
alu'ayi be anticipated.
I hive already stated that provision should
he ms‘do at once to relieve the treasury from
its prefient embarrassments, produced by the
causes eferred to. To do this, Congress should
authoifze the issuing of an additional amount
of in sury notes, not less than ten millions of
dollars, With these means the department will
be enabled to'meet all lawful demands upon it
for the‘present. > The extent of the financial
crisis through which the country is now pass
ing cannot now be determined, and until it is
better known, no policy can be recommended
of a. permanent character.
No change in the revenue laws can be made
in time to meet. these difficulties; and if it could,
the same causes would produce the some re
sults under any laws that might be passed. If
00110088, however, should determine upon such
a_policy—either with a. View to meet existing
difficulties or for the purpose of providing for
the Paywent of any portion of the public debt
——l can only refer them, for the views of the
fieliartment, to my former reports on that sub.-;
Jec. ’ ‘. .
The above is sit that salutes parliéulfll'ly to
the fiWWW- The Secretary again urges the
attention of Congress to the importance of the
bill for the consolidation of the revenue laws;
the improvement of the marine service, snb-
Stituting steam for sailing vessels, and increa
sing the pay in that department ; the progress of
public buildings and want of marine hospitals ;
and refers also to reports on the analysis .of
iron ores, and on J. T. Barcloy’s discovery for
preventing the abrasion and counterfeiting of
United States coin. The fatt that, in accord
ance with en not of Congress, commissioners
were sent to the International Statistical Con
gress in London last. July, is also referred to,
with the further fact that the Hon. A. B. Long
street, of Soilth Carolina, withdrew therefrom
on the first day of the session, on account of
the presence of anegro as a member of the
body. ' The report at the judge on the subject
is submitted, and Secretary Cobb adds:
“It is only necessary to say that the with
drawal of Judge Longstreet from the congress,
and his refusal to return to its deliberations,
received the entire tpproval; of his govern
ment.”
A story istold of a. Polish lady in Paris who
possesses the convenient mesmerio power of
controlling not only the movements of her own
clock, but those of the watches of her visitors.
If the visitor is disagreeable, she mesmerises
the clock, by an effort of will, to go ahead to a
late hour, and when the visitor insists that the
clock is too fast, and appeals to his watch, he
finds that his repeater, too, has been mesme
rised to the same time as that of the clock. 0n
the other hand, if visitors please, clocks and
watches unite in holding book for early hours.
What a convenient gift, if it belonged to all
ladies, and to others, of all sexes, who would
be rid of disagreeable visitors, or vice versa!
LATEST, BY TELEGRAPH
XXXVI“! UIINfiRESS-SECBND SESSION.
=I
\VASRINGTON, Dec. 5.
SENATB.—The gession was opened with
prayer. _
Mr. Pugh, of Ohio, appeared in his seat-
Mr. Hale, N. 3., moved that a number of
the volumes of the Pacific Railroad reports be
published for the use of the Senate.
Mr. POWell, Ky., moved the reference of so
much of the President’s message as relates to
the present political affairs of the country, to a
special committee. - 7. '
Mr. Green, (M 0.,) introduced a. resolution
that the Committee cn the Judiciary be in
structed to inquire into the propriety of provi
ding bylaw for establishing an armed police
force along the border States, both slave and
free, for the purpose of maintaining general
peace between the States, and preventing the
invasion of States by the citizens of another;
and also for the efficient execution of the Fu
gitive Slave Law.
Mr. Cameron, Pm, moved that the subject he
made the order of the day for next Monday.
Mr. Latham, Col, presented the credentials
of Edward D. Baker, Senator elect from Ore
gon. '
Mr. Hale, N. H., moved to reconsider the
vote by which 10,000 copies of the President’s
Message were ordered to be printed. He said
that if he understood the message clearly, it
first took the ground that South Carolina has
just Tight to secede, and secondly declared that
she has no myht to secede. He thought the
President should have pointed out to Co gress
some rule for guidance. He has failed 5 look
the thing in the face.
We must look to the ballot—box, .or a war, for
the termination of these difiiicnlties. South
Carolina asks no counsel. She considers dis
union a settled question, and is arming her
self. The voice of the majority, as announced
at the ballot-box, will not be submitted to by
her. She considers that the northern States
are the aggressors. The gentlemen on the other
side listen to the voice of passion rather than
to their own convictions. We are trying an
experiment. iOui- republic has‘not yet outlived
the soldiers who fought its battles and won its
victories. We have obtained what we have by
great efi‘ort. We are approaching the culmi
nating point, and the civil war of England was
insignificant to‘ what our conflict may be if we
cannot settle things peaceably. We must look
danger straight in the't'ace. -
Hovsné—Mr. Sherman, (Pa.,) from the Com
mittee on Ways and Means, reported a. bill
making appropriations for the payment of in
valid and other pensions, and a bill for the
support of the West Point Academy. Referred
to the Committee of the Whole on the State of
the Union. V
The House, by a vote of ‘6O against 125,
refused to lay on the table Mr. Grow’s'- (Pa.)‘
motion to reconsider the .vote by which the
Homestead bill was last session referred to the
Committee of the Whole on the State of ”the
Union.‘ The House then re-considered the vote»
and the bill is thus brought up for action. ‘
Mr. Grow did not desire to discuss this mea
sure, the principle involved having been fami
liar to the country for thepast ten years.—
This bill, however, avoids the prominent ob
jection made in President Buchanan’s veto
message. ‘ It does not purpose 'to donate the
lands, but requires the payment'ol’ $2 for 160
acres. He might, if necessary, quote Gen.
Jackson against. Mr. Buchanan, to show that
the former was of the opinion that the public
lands should not he the source of federal reve—
nue. He moved the previous question, under
the operation of which the bill passed—eyeas
132, nays 78. _ .
Mr. Colfax, (Ind.,) moved that _the post route
'bill, returned from the Senate at the former
session with amendments, he referred to the
Post Office Committee. He remarked that there
had been no such bill passed for the last three
years, and he was desirous to have action as
soon as possible.
Mr. Smith, (Va.,) objected, saying that the
Government was financially embarrassed.
ML. Colfax. That is true, but we draw our
pay. He had performed his duty as to this
matter, and laid, in conclusion, that there were
several reforms proposed in the bill, and the
Postmaster General was anxious to know the
disposition of congress as to the contracts with
railroad companies. , y
The objections to taking up 'and referring the
bill were persisted in.
On‘ motion of Mr. Sherman, Ohio, the House
went into committee of the whole on the state
of the Union, (Mr. Washburn of Illinois in the
Chair,) and took up the Military Academy bill.
___4» “H
Union Convention.
NEW YORK, Dec. 5.
A State Uonmntion'of the Union men, led
olf by Commodore Stockton, Com. C. Alexan~
der, ex—Goveroror Price, Col. Peter J. Clark,
Senator Thompson and a. large number of lead
ing men, has been called to assemble in this
city on the 11th of December, to cancel-t 7 such
measures as may be deemed advisable under
the present crisis uf the Republic.
Prize Fight.
PORTLAND, Me. Dec. :3
A prize fight. came ofl' yesterday at North
Berwiek, in this State, for $l,OOO, between Wm.
O’Neul, of Worcestor, and Michael Fritz, of
Providence. Sixty-three rounds were fought,
occupying four hours and a half. Fritz was the
victor. Both parties are now to the ring. _
__..._,+____._
Olfiplal Vote of Missouri.
The, following is the official vote of Missouri:
Douglas 68.801; Bellr 68,372; Breckinridge
31,317; Lincolfl'l7,o2B. a; -_-‘ ~ ;.l
——-—--o——-~< v j .=
, New‘Yorl; Electoral Collgg’g,‘ .7
, _ Marimba. 5.
:TheiEloctorul College of thov'sfitélafiféh this
morning and cast 35 votes'for Lincoln Ind-5
Hfllpfill. -
M PTY BOTTLES 1 z :_o£ an ”.217;
and descriptions, for sale low by .
decG WM. DOCK, JR” k (10.
HICKORY WOOD! !——A SUPERIOR LOT
just received, and for sale in quantities to nug‘ Pur—
ghasere, by JAMES M. WHEELER.
Also, OAK AND PINE constantly on bani It \Jhe
lowest prices. dom,
Loans and Di5c0uma..................576r’5,32;‘; 03
Stock of the Commonwealth......... 50.5105 00
Specm' 7196‘.) 30
United States Lo'm 19.-31)!) I].)
Due by other Banks.... $90,392 74
Notes ofotherßanks... 44,983 00
Sr. Lotus, Dec. '5
New ’Ahncrtificmmtg
STATEMENT ’
013 nm
I—IAZRRISBETRG BANK.
. ‘ DECEMBER 4, 850.
A Rsets
Stocks (at. present marketmlue)
Bonds 6‘ .5 5. H
Real Esme
Linbiliti'cs .-
Circu1aii0n............
Dep05it5...............
Due to other Banks
$761.97!) :32
The above statement is correct, to ice best.
of my knowledge and belief.
J. W. WEIR, (Zn-35w.
Sworn and subscribed before me,
dec6—d2t DAVID HARRIS. J. I".
AMERICAN STOCK J OURh AL.—
Tnn 17mm) Vounu commences January Est, 1861.
Devoted especially to matters relating to domestic
animals. The largest, and cheapest, paper of the kind
in the world, Published Monthly, at No. 25 Park Row,
New York. Price $l.OO per year in advance. Specimen
copies gratis.
D. G. LINSLEY, Editor and Prcprieior.
OTIS F. R. WAITE, Associate Editor.
Papers giving the above advertisement three insertion-,
and sending a marked copy to G. A. HATCH, ansg."l
VIN, will receive a copy of the piper one year free.
dens-am; A. G. HATCH, General Agent.
MPORTANT T 0 STOCK GROWERS.
Tm: THIRD VOLUME 0}“ THE
AM'L'R l 0.4 N S TO 0K .70 ULKWZ-i 1.,
Commences January 15¢, 1961.
It is devoted exclusively to.ma.tters relating to the
care and management of our domestic animnla and is by
far the largest Che-pest and most widely circulated pa—
per of the kinci in the world. No stock grower can “-'-
FORD to be githout it. ‘
fifiixteeh large octsvo pages, Handsomely Ilhxstm—
ted. Published Monthly, at 25 Park Row, New York, at
$l.OO per year in advance. Specimen copies g-az-is.
451112 D. O. LINSLEY, Editor and Proprietor.
OTIS F. R. WAITE, Associate Editor.
Newspapers giving the above advertisement two iu~
sertions, and sending a. marked copy to A. G. HATCH,
WINDSOR, Vt, will receive a copy of the paper one year
free. [decfi-th] A. G. HATCH, Genera: Agent.
300 DOLLARS REWARD.—
Q S T 0 LE N by means of an order, ‘
brought by a colored man, a CHESTNUT
SORREL MARE and TOP WAGON, on Tuesday evening,
at 5 o’clock. The Mere has a. white spot on her tail at
the root; some white in her face; white hind leg; 3.
mark on both hooks fromfiring for curb; a. mark {mm
an injury on her right thxgh, behind ; long tan: a. good,
sized Buggy Mare—she wore a. breast collar. A reward.
of $5O will be given for the Mare and Wagon. and $250
for the thief. The man is about five feet ten in
height—awry light. mulatto, woolly head and good teeth;
had on when left, a. brown or black cloth coat, dark pants
and felt hat. Apply t 9 JOHN TBORNE. No. 14-1 Frouf.
street, or B. H. PENMNGTON, 21 South street, Bam
more, Md. den-(1312*
GUN AND BLASTIN G POWDER.
J A BEE-SM. WHEB LE 11.!
HARRISBURG, PA. ,‘
AGENT FOR ALL ’ ,
POWDER. AND ELSE
n.mul=.mwunsn Br
I. E. DUPONT DE NEMOURS & 00.,
WILMINGTON, DELAWARE.
ifi‘A large supply always on hand. For sale- at mam].
facturer’s prices. Magazine two miles below town.
' ifi‘ Orders received at Warehouse. 1101']
COTTAGE FURNITURE, m Chamber
Suits, containing DRESSING BUREAU. BED
STEAD, WASH-STAND, TABLE, F 0 UR CHAIRS,
and n ROCKING CHAIR, from $23 to 840 8 unit.
BUREAUS AND BEDSTEADS from $4.50 to $10330,
at! other articles at equally low figurenbat the Ware
Rooms of ' JAMES R. BOY fir SON,
11016-4111: 29 South Second street.
CAL BIN E T W ARE'HOUSE.
’ JAMES R. BOYD &‘ SON,
' 29 SOUTH SECOND STREET, '
CABINET MAKERS AN'D UNDERTAKERS.
A Inge variety of TETE—A-TEIE SOFAS ARM
AND PARLOR CHAIRS. MARBL TOP TAfi'LES,
BUREA US, BEDSTEADS' WASII-STANDS, HAT
RACKS, kc. Call sud examine our stock and prices,as
we cg: 311 as low as can be bought in the Stste.
no _- m
800-TS AND SHOES.
J A cKs o N as co .
Haws opened a. Boot and Shoe Store at No. 90;; MAR—
KET STREET, corner of Fourth, where they keep con
stantly on hum] a. mm and varied usortment of the
BEST CITY MADE SHOES.
Having been engaged in the SHOE UPPER BUSI
NESS in this city for morn than a. _yenr, they m'pte
pued to makh ALL KINDS OF'FANGY SHOES to
order, at. short notice, of the best materials, and war—
ranted to give satisfaction every way.
flj’Pleue call and cxumine my sssortment before
purchasing elsewhere.
flTßemember the place—9o}; Market street, sign 0
the [llOll-113111] ' A GOLDEN noon
Aottls.
'l J NITED STATES HIOTEL,
soul-x EAST comm-:1: on 11-rn Arm runner s-rnse'rs.
ADJ OINING THE PENNSYLVANIA RAID
ROAD DEPOT,
PHILADELPHIA.
The undersigned would respectfully inform the Public
that he has taken the above Hotel, formerly known as
5; THE lIANSION HOUSE,” which he has refitted and.
newlx furnished throughout. .
The Rooms ere spacious and commodioue, and furnished
with etvery convenience to be found in the best Hotels in
the ci y.
The “UNITED STATES” is admirably located for the
convenience of travelers, being under the same roof with
the Pennsylvania. Railroad Depot, and thus saving both
hack hire and portemge of baggage. No pains will be
spared to render the “ UNITED STATES” n. pleasant and
agreeable residence to all who may favor it with their
patronage. Charges moderate.
0c22-d3mwly H. W. KANAG-A. Proprietor.
BUEHLER HOUSE,
MARKET SQUARE,
HARRISBURG, PA.
GEO. J. BOLTQN, Pxormmon.
CARD.
The above well known and long established Hotel in
now undergoing a. thorough renovation, and being in a
great degree newly furnished, under the proprietorship
of Mr. GEORGE J. BOLTON, who has been an inmate of
the house for the last three years, and is well known to
its guests.
Thenkful for the liberal patronage which it has én
joyed, I cheerfully commend Mr. Bolton to the public
favor je'i-dkyy WILLIAM IB‘E EHLER.‘
liwuramt.’
INSURANCE AGENCY‘
THE DELAWARE MUTUAL
SAFETY INSURANCE COMPANY,
OF PHILADELI}HIA.
INCORPORATED 1835.
mm“. AND ASSETI..... .........s9o4.aar.m.
‘ - ' THE JNSURANCE
COMPANY-OF NORTH AMERICA,
' A' . 0F PHILADELPKLL
’ INCORPORATED 1794-,
CAPITAL AND Assm's...m .......$1.21U,4a5.19.
The Imam-signed, an Agent for the above well known
CotUpmieg, will make lEnßul-lance against loll! or daimgge
by-fiu’veit'hef perpetually or annually, on property in
l'either tanpr country - ~
_ . Maine ”1d Inland Transportation Risks also taken. .
v APP‘Y personally 0' ”5'19“" *O. . V .; ‘ '
_ ~. . . ‘WILLIAM BUIKLEB,'
gecl-dlzwly Harrisburg, Pa.
29.2 w) on
5.000 on
143390 ()0
,«39
”31:3.
$529,405 w
190.578 72
51.99.; Sn