ATES OF ADVERTISING.
El
oar lines or leas constitute half a einare. Ten DM*
more than four, constitute a square.
0.25 One K., oneday.-.----$0.60
MAWeels..-- LOU " OZAWeek.-- /.20
.: one month— . 2.00 " one 'month_ 9.00
three Months. 9.00 4 ‘ three months. 6.00
sinmonths— . 4.00 " six months.— 8.00
-A one year-- 6.00 c I one yes t. • • •-• 10 . 00
Bnsittese notices inserted in the LooAL coma, or
Ater.e marriages and MAMA, errs OF.STO reS LIN'S for each
imertion. to merchantsand others adrertisingby therms
sberal tea DS will be olfered.
The numberof insertions mast bodeeignateden the
irrtisement.
the will be inserted at the same
Marriages and Dea
ease regular advertisements.
Booker, 'itatiottexp s , sz,r.
,—ICHOOL BOOKS.—School Directors ;
Teachers, Parents, Scholars, and others, in want of
8,11001 Soaks, School Stationery, ace., will find complete
;Sortment K. POLLOCK & SON'S BOOK STORE,
% E tat Altura, Harrisburg, comprising in part the follow
iSADßlll3.--hteGuffere, Parker's, Cobb's, Angell's
SPELLING BOOKS.—McGuffers, Cobb's, Webster% )
Torn% Byeries. Combry's,
oziaLISIE GRMDIARS.iII —Bultion , s,Smith's, Wood
triage's, Monteith,s t Tutb 's, Elart'e,
_
RlSTOBlES.—Gonshaw's, Davenport's, Frost's,
Wil-
Willard's, Goodrich's, Pinnock's, Goldsmith's and
Clark's-
AULTIIIIETIC'S.--Greenlears, stoma:revs, Emerson's,
Pole's, Bagels, Colburn's, Smith and Duke's,
Da Davie's.ay%
A LGEBRAS.—GreenleaPs, Dav Davies, re, R
8%44 6 ' 8 .
D.LOTlONAltYS.—Walker's School, Cobb" Walker,
Wmester's Comprehensive, Worcester's Primitry, Web
ster's Primary, Webster's High School, Webster's %USTI*,
leademm ,
NATURAL PHILOSOPHINS.—Cornstock's, Parker's,
Swift's. The above with a great variety of others can at
any time be found at my store. Also, a complete assort
ment of School Stationery, embracing in the while a com
plete outfit for school purposes. Any book not in the store.
procured st one days notice.
Country M erchants supplied at wholesale rates.
ALMANACS_ --John Baer and Son's Almanac for sale ai
S. 14. POLLOCK & SON'S BOOS STOBB, Harrisburg. /
KT Wholesale and Retail. my
lUST RECEIVED
A.T
SCHEFFER'S -BOOKSTORE,
ADAMANTINE SLATES
OF VARIOUS SIZES AND PRICES,
Which, for beauty and nee, cannot be excelled,
REMEMBER THE PLACE,
SCH.EFFER'S BOOKSTORE,
NO. IS MARKET STREET. mart
N - EIV BOOKSI
JUST RECEIVED
"REAL AND SAY," by the author of "Wide, Wide
World "Dollars sad cents," dm
"=STORY OF METHODISM," by A. Stevens, LL.D.
For sale at BOREFFERS' BOOKSTORE,
ap9 No. 18 Marko et.
JUST RECEIVED,
A lABGE AND SPLENDID ASSORTMENT OF
RICHLY GILT AND ORNAMENTAL
WINDOW CURTAINS,
PAPER BLINDS,
Of various - Designs and Colorg, for 8 cents,
TISSIM PAPER AND cur FLY PAPER,
At pny24] SWIRFFER , S BOOKSTORE.
WALL PAPER! WALL PAPER II
. -
Just received, our Spring Stock of WALL PAPER,
BORDERS o rno sonERNs, &c., &a. It is the largest
and best selected assortment in the city, ranging i n price
from six (8) cents up to one dollar and aquarter ($1.25.)
As we purchase very low for cash, we are prepared - to
sell at'as low rates. if not lower, than can be had else
where. if purchasers will call and examine, we feel
confident thvi.t we can please them in respect to price
and quality. E. M POLLOCK & SON,
ap3 ' Below(' Tones' House, Market Square.
LETTER CAP, DOTE PAPERS,
2
Pens, Holdera, Pencils, Envelopea, Sealing Wax, of
the best quality, allow prices, direct from the mann-
Arteries,
at
mar ail SCHEFFER , S CHEAP BOOKSTORE
lAT AW BOOKS! LAW - BOOKS ! I-A
general assortment of LAW BOOKS, all the State
Reports and Standard Elementary Works, with many of
the old English Reports, scarce and rare, together with
a large assortment of second-hand Law Books, at very
law prices, al As one price Bookstore of
E. M. POLLOCK Ar. SON,
Market Square, liarrisbnrg.
myB
Itliectilancouo.
AN ARRIVAL OF
NEW GOODS
APPROPRIATE TO THE SEASON!
SILL LINEN PAPER
FANS! FANS!! PANS!!!
AilOTNlfft AND SPLENDID LOT Or
SPLICED FISHING , RODS!
Trout Plies Out and Hair Snoods, Grass Lines, Silk
end Hair Plaited Lines, and a general assortment of
FISHING TACKLE!
j, GREAT VARIETY OF
WALLING CANES!
Which we will sell as cheap as the cheapest!
Silver Head Loaded Sword Hickory Pancy
Canes.
. Canes! Canes! Canes! Canes!
KELLER'S DRT I O AND .FANCY STORE,
• No. 91 MARKET STREET,
Swath side, one door east of Fourth street je9.
B . J.
WORKER IN TIN,
SHEET IRON, AND
METALLIC ROOFING,
&cora Street, below
HA Chestnut,
RRISBURG, PA.
111 prepared to fill orders for any article in his branch of
business; and if not en hand, he will make to order on
hart notice.
MEMETALLIC G O OFING, of Tin or Galvanised Iron,
on ha.
Also, Tin and Sheet-Iron Ware, Spouting, &a.
He hopes, by strict attention to the wants of his custo
mers, to merit and receive a generous share of public pat
'Every premise strictly fulfilled.
B. KASSA
jaul-dly] Second Street, below Chentaat.
F i. s .11 1 ! FISH!!!
ELLCHEILML, (Nos. 1, 2 and 3.)
SALMON, (very superior.)
SHAD, (Mess and very fine.)
lIERRING, (extra large.)
COD FISH.
SMOKED HERRING, (extra Digby.)
SCOTCH HERRING.
SARDINES AND ANCHOVIES.
Of the above we hare Mackerel in whole, half, quarter
awl eighth bbls. Herring in whole and half bbls.
The entire lot nevr—DIREOT FROM TRH FISHERIES, and
will sell theta the lowest market rates.
seen WM. DOOR, IR. , & CO.
CHAMPAGNE WINESI
DEC DE MONTEBELLO,
HEIDSIECK & CO.,
CHARLES HEIDSIECH,
CrIESLER & CO.,
ANCHOR—siLLERY MOUSSEUX,
SPARKLING MUSCATEL,
MUMM & CO.'B,
VERZENAY,
CABINET.
In store and for sale by
JOHN H. ZIEGLER,
73 Market street.
de2.o
- FT IcKoRY WOOD! !—A SUPERIOR, LOT
.1.1. just received, and for sale in quantities to suit pur
chasers, by JADIEB M. WHEELER.
Also, OAR AND VINE constantly on hand at the
lowest prices. deed
FAMILY BIBLES, from 1$ to $lO,
strong and handsomely bound, printed on good paper,
with elegant clear new type, sold at
utohla SUMP IDRIS Cheep Bookot-bre.
0 - RANBERIBIES 1 I I-A SPLENDID LOT
V just received by
eerie
FOR a superior and oheap TABLE or
SALAD OIL go to
;SELLER'S DRUG- STORE.
THE Fruit Grower? Handbook by
WARlNG—wholesale MA retail at
mobil BOBBIIIPER , S Bookstore.
SPERM. CANDLES.--A large supply
just received by
seDlll Whf, DOCK. Js.. & CO.
YELLER'S DRUG STORE is the Owe
to And the hest assortment of Poste MOUnlifili.
VOL. 3.
THE PUBLIC:
HABBISBYPRG, PA.,
Where he hag constantly on hand
LYKENS VALLEY BROKEN, EGO, STOVE AND
WILKESBARRE STEAMBOAT, 13RoKEN, STOVE
It will be delivered to consumers clean, and roll
weight warranted
1:17- CONSUMERS 4:1-IVE ME A CALL FOR YOUR
WINTER SUPPLY.
tEr Orders left at my house, in Walnut street, near
Fifth; or at Brubaker'a, North street; J. L. Sped's,
Market Square; Win. Bostick% corner of Second and
South streets, and John Lingle's, Second and Mulberry
streets, will receive prompt attention,
jyl3-d6m
COAL! CIOAL!!
ONLY YARD IN TOWN,THAT DELIVERS
COAL BY THE
P A TENT WEIGH CARTS!
NOW IS TEE TIME
or every family to get in their enpiply of Coal for the
winter—weighed at their door by the Latent Weigh
Carts. The accuracy of these Carts no one disputes, and
they never get ont of order, as is frequently the case of
the Platform Smiles; besides, the consumer has the
satisfaction of proving the weight of his Coal at his
own house.
All Coal of the best quality mined, and delivered free
from all impurities, at the lowest rates, by the float or
car load, single, half or third of tons, and by the bushel.
JAMES M. WHEELER.
ilarridburg, September 24, 1860.—5ep25
UP
PATENT WEIGH CARTS.
For the convenience of my numerous up town custom
era, X have established, in connection with my old yard,
a Branch Coal Yard opposite North street, in a line with
the Pennsylvania canal, having the office formerly occu
pied by Mr. R. /Jerrie, where consumers of Coal in that
vicinity and Verbeketown can receive their Coal by the
PATENT WEIGH CARTS, '
WITHOUT EXTRA CHARGE FOR HAULING,
And in any quantity they may desire, as low as can be
purchased anywhere.
FIVE THOUSAND TONS COAL ON HAND,
Of LYKENS VALLEY and WILICESBARRE, all sizes.
117` Willing to maintain fair prices, but unwilling
to be undersold by any panzer.
JAll Coal forked up and delivered clean and free
from all impurities, and the best article mined.
Orders received it either Yard will be promptly filled,
nd alf`Coal delivered by the Patent Weigh Carts.
Coal sold by Boat, Car load, single, half or third of
tons, and by the bushel.
malTmmsan.
Harrisburg, October 13, 1860.—0ct15
LKENS VALLEY NUT COAL-
For Sale AT TWO DOLLARS PER TON.
j Ali Coal dolit erect by PATENT WEIGH CARTS
7AMES M. WHEELER
Er Eoaldelivered from both yards. nol7
HELMBOLDIS
HELMBOLD'S
HELMBOLIPS
lIELMBOLD'S
HELMBOLD'S
HELMBOLD'S
BELMFOLD'S
FOR SECRET AND DELICATE DISORDERS.
po R SECRET AND DELICATE DISORDERS.
10E SECRET AND DELICATE DISORDERS.
FOR SECRET AND DELICATE DISORDERS.
FOR SECRET AND DELICATE DISORDERS.
FOR SECRET AND DELICATE DISORDERS.
FOR SECRET AND DELICATE DISORDERS.
A Positive and Specific Remedy.
A Positive and Specific Remedy.
A Positive and Specific Remedy.
A Positive and Specific Remedy.
A Positive and Specific Remedy.
A POBL'iVe and Specific Remedy.
A Positive and Specific Remedy.
FOR DISSABES OF THE
WM. DOOR, 3n. , do CO
4..?
7.,______,,,,,,,....._.
* -.,- • • ••• •.= .
,-,,------ - , - - 1(1111. - _-_-
___.....
♦
IP
. .
. . -..,,,,=,_,...=,• .. _.• rmit,
._____•., •. er .; ._, .::: :. ;.-; = -, i -,„,-, , ..-r m - -- '
_
... .
: • CI 010
-:-.' _ _ I I
0 II ~1 •
. . i..
tint on •
_ -
."-
_,..„..„--- --, ts' r—,, .__
. . ._.
_ .
. .
tfoal.
JO - lIN TILL'S
COAL YARD,
SOUTH SECOND STREET, - 4
BELOW PRATT'S ROLLING MILL,
NUT COAL
ALSO,
AND NIIT COAL,
ALL OF THE BEST QUALITY.
I have a large supply of Coal on hand, cot:de:tog of
CO. , S LYBENS VALLEY 00Ab all aim%
LYKENS VALLEY
WILKESBARILE
BITUMINOUS BROAD TOP do.
T O W NI
llebicat.
Extract Bitchy., Extract Machu,
Extra !Wahl; Extract Bachu,
Extract Bachu, Extract Each%
Extract Dacha, Extract Dacha,
Extract Barka, Extract Dacha,
Extract Bachu, Extract Bachu,
Extract Bucher, Extract Bachu,
BLADDER, GRAVEL, KIDNEYS, DROPSY,
BLADDER, GRAVEL, KIDNEYS, DROPSY,
BLADDER, GRAVEL, KIDNEYS, DROPSY,
BLADDER, GRAVEL, KIDNEYS, DROPSY,
BLADDER, GRAVEL, KIDNEYS, DRGPNY,
BLADDER, GRAVEL, KIDNEYS,
DROPSY'
BLADDER,. GRAVEL, KIDNEYS, DROPSY,
ORGANIC WEAKNESS,
ORGANIC WE aKNOsS,
ORGANIC WEAKNESS,
ORGANIC WEAKNESS,
ORGANIC WEAKNESS,
ORGANIC WEAKNESS,
And all Diseases of Seareat Organr,
And all Diseases of Sexual o r gans,
And all Diseases of Saxon! Organs,
And an Diseases of Sexual Organs,
And all Diseases of Sexual Organs,
And an Diseases of Sexual Organs,
ARISING FROM
Excesses, Exposures, and Imprudencies in Life.
Excesses, Exposures, and Imprudencies in Life.
Excesses, Exposnre , , and Imprudencies in Life.
Excesses, Exposures, and Imprudeneies in Life.
Excesses, Exposures, and Imprudencies in Life.
Excesses, Exposures . , and Imprimensies in Life.
From whatever cause originating, and whether existing in
MALE OK FEMALE.
Females, take no more Pills ! They are or no avail for
Complaints incident to the sex. Use
EXTRACT BI7OIIU.
HelmbORPS Extract Bustin is a Medicine which is par
featly pleasant in its
TASTE AND ODOR,
Bat immediate in ite action, giving Health and Vigor to
the Frame, Bloom to the Pallid Cheek, and restoring the
patient to a perfect elate of
HEALTH AND PURITY.
Helmbold's Extract Bucen is prepared according to
Pharmacy and ChemislrJ j endjs prescribed and used by
THE MOST EMINENTPHYSICIANS
Delay no longer. Procare the remedy at once
Price a per bottle, or eix for $5.
D..pot 104 South Tenth street, Philadelphia.
BEWARE OF UNPRINCIPLED DEALERS
Trying to palm off their own or other articles of BUCHU
on the reputation attained by
BELMBOLDIE EXTRACT BUCHII,
The Original and only Gamine.
We desire to rua on the
MERIT OP OUR ARTICLE
Their , sis wfothless —iB sold at mnoh less rates and com
missions, consequently paying a much better profit.
Wit DEPT 00.1iPETITION I
lialr. for
RELMBOLWR 'EXTRACT BUCHU.
Take no other.
Bold by JOHN WYETII, Deno t ed, corner of Market and
Second streets, Harrieborg,
AND ALL DRUGGISTS EVDRYIVIINKE.
nol4 d&w3m.
EXTRACTS! EXTRACTS!
WOODSWORTH BIINNEMS
SUPERIOR FLAVORING; EXTRACTS
BITTBR ALMOND,
NECTARINE
PINK A PPLE
STRAWBERRY,
ROBB,
LEMON AND
VANILLA,
Just received and for We b
WU. DOCK, /a., & CO,
HARRISBURG, PA., WEDNESDAY, FEBRUARY 6, 1861.
CITY LIVERY STABLES,
aB., BLACKBERRY ALLEY, TA
IN THE REAR OF HERR'S HOTEL
The undersigned has re-commenced the LIY.E It Y
BUSINESS in his NEW AND SPACIOUS STABLES,
located as above, with a large and varied stock of
HORSES, CARRIAGES AND OMNIBUSES,
Which ho will hire at moderate rates
octl3-dly
FRANK A. MURRAY
Successor to Wm. Parkhill,
LIVERY & EXCHANGE STABLE
THIRD STREET BELOW MARKET.
•
" 01111 1,
•
AMMO
HAVING purchased the interest of J. Q. Adams •a the
establishment, and made large additions to the stock, the
undersigned is prepared to accommodate the public with
SUPERIOR HORSES for Saddle or Carriage purposes, and
with every variety of VEHICLES of the - latest and most
approved styles, on reasonable term.
PLEASURE PARTIES will be accommodated with Om
aibusses at abort notice.
Carriages and Omnibusses, for funeral occasions, will be
tarnished, accompanied by careful and obliging drivers.
He invites an inspection of hie iltock, satisfied that it is
:ally equal to that of any other maabliehment of the kind
in town. FRANK A. DIURRA.Y
BRANCH STABLE
Theandereigned has opened a branoh o r hi
s “Livery and
Exchange Stable? in the buildings. lately occupied by A.
W. Barr in Fourth street, opposite the Bethel, where he
prepareds to accommodate the public with Horses and
Vehicles, at all times, on reasonable terms. HIS stock Is
large and varied, and will recommend itself.
aulti-dtf PRANK A. IdURRAY.
JOHN TILL
F•
RENT—FRom Tay.ltBT DAY ar
E APRIL RIM—A Owamodions Two-Story DWELLING
ROUSE, (in Second street, below Pine,) with wide Hall,
large Back Build.ng, Marble Mantels in Parlors, Gas in
six rooms, all the rooms just papered and painted.- The
second story divided late seven rooms, one of which is
a Bath. This, in connection with the fact that the house
has just been placed in the most thorough repair, makes
it one of the most desirable houses in the city. Enquire
of . E. M. POLLOCK,
do " "
"
do.
Diailiat aquare, Harrisburg.
Also, Boveral SMALL HOUSES for root. dols-,ltf
LI OR SAL E—A Light Spring One
r Horse WAGON. Apply at Patterson 's Store; Broad
street, West Harrisburg. oa3l-dtf
NOTICE TO SPECULATORS !
' VALUABLE BUILDING LOTS 70l SALE!
A number of large size BUILDING LOTS, adjoining
the Bound House and Work Shops of the Pennsylvania
Sakiltoad Company, will bi sold low and on reasonable
terms. Apply to an294om JOHN W. HALL.
T AKE NOTICE!
That we have recently added to our already full stock
OF B,EGARS
LA NORMATIS,
HARI KARI,
EL MONO,
LA BANANA.
OF PERFUMERY
FOR THE HANDKEROHIEE
TURKISH ESSENCE,
ODOR OF MUSK, -
ILSAMISTCLE TarQUAT.
FOR TR& HAIR
EAU LVSTRALE,
CRYSTALIZED POMATUM,
MYRTLE AND VIOLET POMATUM
FOR THE COMPLEXION :
TALC OF VENICE, •
ROSE LEAF POWDER,
NEW MOWN HAY POWDER,
BLANC DE PERLES .
OF SOAPS
BAZIN'S FINEST
MOSS ROSE,
BEINZO/N,
UPPER TEN,
VIOLET,
NEW MOWN HAY,
JOCKEY CLUB.
Having the largest stock and beet assortment of Toilet
Articles, we fancy that we are better able than our com
petitors to get up a complete Toilet Set at any price de
sired. Call and see.
Always on hand a FRES H Stock of DRUGS, MEDI
CINES, CHEMICALS, Ice , consequent of our re
ceiving almost daily additions thereto.
KELLER'S DRUG AND FANCY STORE,
91 Market Street, two doors East of Fourth Street,
800 South side.
lIELMISOLMS
HELMBOLD'S
HELMBOLDS
HELMBoLD 3 S
HELMBOLD S S
HELMBOI.D 9 S
HELMBOLDN
JUST RECEIVED!
A FULL ASSORTMENT OP
HUMPHREY'S HOMEOPATHIC SPECIFICS
TO WHIM WE INTITH TRH
ATTENTION OF THE AFFLICTED I
For Bale at
SOREFFER'S BOOKSTORE,
sp9 No. 18 Market et
WE OFFER TO
CUSTOMERS
REMOVAL.
JOHN W. GLOVER,
MERCHANT TAILOR,
Has removed to
60 MARKET STREET,
Where he will be pletteed to !see all his friend
octB-dtr
CANDLES!!!
STAR (summit) OANDTASI
TALLOW OANDLSS.
A large invoice of the above in store, and for sale a
unusually low rates, by
WM. DOOR, SR., & 00.,
janl Opposite the Court House
fthern Otabtro.
Jut sate Bzcoo rant.
atisctllantous.
A New Lot of
LADIES' PURSES,
Of Beautiful Styles, substantially made
A Splendid Assortment of
GENTLEMEN'S WALLETS.
A New andjElegant Perfume,
KNIGHTS TEMPLARS' BOQU;ET,
Put up in Out Glass Engraved Bottles.
A Complete Assortment of
HANDKERCHIEF PERFUMES,
Of the best Manufacture.
A very Handsome Variety of
POWDER PUFF BOXES.
KELLER'S DRUG STORE,
iY 3 / 91 Market street
PARAFFIN CANDLES,
SPERM CANDLES,
STEARINE CANDLES,
ADAMANTINE CANDLES,
CIIEmicAL SPERM CANDLES,
GUN AND BLASTING .POWDER.
JAMES M. WHEELER,
HARRISBURG, PA.,
AGENT FOR ALL
POWDER AND FUSE
11AN177.1271:111ED BY
I. E. DUPONT PH NEMOURS & CO.,
'WILMINGTON, DELAWAE.V.
r - "A large supply always on hand. '
or saLe at mantt
facturees prices. Magazine two miles blow town.
U 3 'Orders received at Warehouse. nol7
QCOTOH WHISKL—One Puncheon
of PURE SCOTCH WHISKY Just received and for
sale by JOHN H. ZIEGLER,
jan2 73 Market street.
EMPTY BOTTLES I I—Of all sizes
and degeriptions, Minh; kw by
OGG Wit. DOCK, 7a., & CO.
Ely atriot Nnion.
WEDNESDAY MORNING, FEB. 6, 1861.
THE SUNBURY AND ERIE RAILROAD,
AND THE STATE LEGISLATURE.
The act also provided that, in case the com
pany should sell the property for a larger sum
than three and a half millions of dollars, they
should pay to the State seventy-five per ccntum
of the excess, in the securities received from
their grantees.
V. It. SWART%
The company sold the canals for the nominal
sum of $3,875,000, of which $3,200,000 were
paid in the bonds of the purchasers, secured
by mortgages of the property. The excess of
75 per centum, amounting to $281,000, was ex
acted by and paid to the State in the 6 per
cent, bonds of the Wyoming canal company, a
good security, on which the interest is promptly
paid at maturity.
The result of the transaction left in the hands
of the company, five hundred thousand dollars
in cash, or its equivalent, and $2,919,000 in
the first mortgage bonds of the several compa
nies who became purchasers of the canals.—
From those resources, the company constructed,
and partially equipped, sixty-six miles of rail
..
road, extending from Erie to Warren, and forty
two miles, extending westward from Williams
port, through Lock Haven, making, together
with the forty miles previously constructed, one
hundred end forty-eight miles of completed
road.
Section VI. of the same act. provides that if
the company shall fail to pay the interest on
any of the said bonds for ninety days after it
becomes due, it shall be the duty of the Attor
ney General to sue out the mortgage, and by
execution, directed to the Secretary of the
Commonwealth, to sell the mortgaged premises,
together with the franchises of the company,
and on such sale being made, the Secretary
shall grant and convey the property to the
purchasers, who shall hold and enjoy the same
tree and discharged from all inoumbranees.
Now, it so happened that the company, al
though possessed of means exceeding by one
million and a half, the sum required for the
completion of their enterprise, as testified to
officially by the commissioners, charged with
the investigation
. of the company's condition
on behalf of the State, were unable to pay the
intertist due to the State on the 31st of January,
1860. The crisis of 1657, and the indiscrimi
nate distrust engendered by that event against
the description, of securities held by the com
pany, having reduced• their market value far
below their real value, the board of managers
did not feel justified to dispose of their canal
bonds, and after these should be exhausted, of
the issue of $3,500,000 of their own bonds,
Secured by the same mortgage which secures
the bonds received by the State as purchase
money of the canals. The sale of such a large
amount of new securities could, under the ex
isting circumstances, not have been effected
without a. still greater depreciation of the
bomb held by the State, as well as by the
company, and without such sacrifices as would
undoubtedly have defeated the main and
great object the Legislature had in view in
.passing the act for the sale of the canals,
viz : the completion of ..the _mad._ _The board
deemed it, therefore, their duty, to both the
State and to the company they represented,
to lay the true state of affairs before the Legis
lature, asking such judicious action as the cir
cumstances, and the interests of the State, as a
creditor of the road, required. The bill they
submitted, contains really the solution of the
whole difficulty, and, as it will be demonstrated
hereafter, the only solution possible to this day.
Pprfectly fair on both sides, and without invol
ving the outlay of a single cent on the part of
the State, it would, had it been enacted, have
furnished the company the means to carry the
construction of the road successfully to its ter
mination within somewhat more than a year.
The first question which naturally presented
itself to the Legislature was, whether by a
foreclosure of the mortgage the State could re
cover the debt. This important point was
thoroughly investigated and discussed, and an
swered in the negative so conclusively that the
very idea of such a sale could never again for
a moment be seriously entertained.
It was argued that, as the property to pay
for the debt in full would have to bring a sum
in cash, not only equal to the bonds owned by
the State, but to all the company's bonds out
standing at the time, and that as the bonds se
cured in the same manner as those held by the
State, could not be disposed of for fifty cents
on the dollar, the mortgage premises would not
sell at fifty per cent, of the mortgage. It
would, indeed, be most difficult to raise even
one million of dollars in cash for the purchase
under such. circumstances, since the money, if
it could be obtained at all, would have to come
from many sources, and every contributor, be
fore investing his means in an unfinished and
unproductive railroad, would have to make up
his mind to risk the whole of his investment by
a mortgage upon it, to secure the completion of
the work. The danger was also pointed out,
of attracting by advertisements of the sale of
the road, the notice of New York speculators,
who might arrange matters so that there Would
be buione single bid, which would secure to
them the property for five or ten per cent. of
its actual value, to be opened as a new tribu
tary to the city of New York.
The State of Pennsylvania appearing as a
bidder at the sale was not to be thought of.—
Considerable appropriations would have to be
made to effect the purchase, for the State could
not pay in the bonds owned by her for the pro
perty, because other parties would be interested
in the same issue of bonds, enjoying the same
security as those of the State. In , case of a
sale, the company must, fulfill their obligations
and pay their debts by all means at their dis
posal. They would be compelled to use their
bonds and other securities for that purpose,
and the holders, would, of course, claim their
proportion of the proceeds of the sale. The
money required, the State could not afford to
take from her present revenues, nor could it be
taken from the sinking fund. The credit of
the State could not be pledged. A tar would
have to be levied upon the people; audit would
be impossible to make them believe in the wis
dom and economy of spending some seven mil
lion dollars, in the hope of saving a debt of
half that amount. if the State purchased the
road she would be in possession of an unfinished
and unproductive work, and would have to
procure the means to continue its construction,
assuming all the risks and responsibilities at
tending such a transaction, heedless of the bit
ter experience of the past, which teaches that
etterprises of this kind are better managed by
private parties than politicians, not to speak
of the unconstitutionality of such a scheme,
and the political corruption which it would
encourage.
It was further represented that, as the city
of Philadelphia owns $2,250.000 of the stock
of the road, and the city and county of Erie
$500,000, while over $2,000.000 were sub
scribed by citizens in every portion of the
State, the whole of which would be swept away
and lost by a foreclosure of the mortgage, con
siderations of justice and equity alone would
[Continued.]
surely prevent the Legislature adopting any
course detrimental to the interests of these
parties. Philadelphia, which contributed to
the State Treasury one-third of the entire reve
nue; which pledged her credit to the extent of
$5,000,000 to aid the construction of the Cen
tral railroad ; which invested $1,400,000 in the
stock of the North Pennsylvania; $760,000 in
the North Western, and $500,000 in the Hemp
field railroad companies, whose citizens had
invested millions in improvements in the inte
rior, daily benefiting and enriching the State,
was entitled to the affections and fostering care
of the Commonwealth and those who represent
it.
These arguments have lost nothing of their
intrinsic force. They are just as applicable to
the conditions of the company to-day as they
were a year ago. The company is still unable
to pay the interest on their bonds in possession
of the State, for the reason already stated,
being unable to sell their bonds which other
wise would afford the means required for the
prosecution of their work, rendering legislation
unnecessary.
The bill, submitted by the company to the
Legislature during the last session, proposed
in substance, that in the first place, the com
pany should cancel $2,625,000 of their five per
cent. bonds, and that the State receive the re
sidue of $875,000 in payment of five years
interest on the debt. This would suspend for
that time the cash payments of interest, and
add it to the principal, which - would be in
creased at the end of the five years to $4,375,-
000. The mortgage of seven millions of dol
lars would bo reduced to that amount, and
Would be owned solely and exclusively by the
State.
It proposed, in the second place, that the
company issue $3,500,000 of six per cent.
bonds, ttnd secure the payment of them by a
mortgage which should take precedence of the
security now held by the State.
It will be seen that the company did not ap
pear before the Legislature as a borrower.—
They did not ask the State to lend them her
money, nor even her credit. They proposed
simply the conversion of a bad debt into a
better one. Their proposition originated in
events and circumstances over which the com
pany, no more than the Legislature itself,
could have exercised any control. It was dic
tated by a mighty stubborn fact, a sweeping
financial revolution, accompanied by a general
depreciation of paper values, and especially of
railway securities, and all the company asked
was, that the Legislature, as it had done with
reference to the banks, and as the community
was compelled to do in most other business
transactions, recognize that fact the more as
thereby alone the interests of the State and of
the people in an enterprise of the highest con
sequences to both could be saved.
The deeper the subject is looked into the
firmer must become the conviction, that if any
thing is to be done hereafter, it can be done only
on a basis similar to that underlying the plan
submitted by the company to the last Legisla
ture. There cannot be the least doubt that
that plan, under similar circumstances, be
tween private parties, which are notoriously
keen and quick in perceiving their advantage,
would have been accepted unhesitatingly, and
this consideration alone, their being no con
stitutional objections to the bill, ought to have
weighed sufficiently with the Legislature to
ensure its passage. -
When the work - un the - 14e - 11
railroad MAW suspended, and that company was
without means or credit to complete its con
struction, and owed three millions of dollars to
the State of New York, the Legislature of that
State passed a law for the release of the debt,
on condition that the work should be completed
within a limited time. The work was comple
ted in 1851, the aebt released, and the State
has since realized an incomparably larger sum
by the steady annual increase in the valuation
of property through the influence of that im
provement, than the whole debt that she for
gave.
Had the company's bill been passed, the year
1861 would have seen the Sunbury and Erie
road in full operation, carrying the produce of
the lake States to Philadelphia, and the man
ufactures, the iron, coal, and timber of Penn
sylvania to the north-west, opening new and
most promising fields to commerce, mining en
terprise, and agriculture, attracting population,
and increasing the value of lands and other
property, thus promoting the prosperity of the
people and the revenues of the State in a mea
sure that even a total relinquishment of her
debt, after the example of New York, would
have been a matter of little or no account in
comparison to the losses sustained by the de
lay. As it is, the State continues to hold de
preciated bonds, of which she can neither col
lect the interests, nor secure the debt by a
foreclosure of the mortgage, while the people of
Pennsylvania continue to be deprived of a
means of intercourse, which for nearly two
generations was regarded as an absolute
ne
cessity of the full development of the rich and
manifold resources of their State.
The supplementry act which was passed last
session, instead of the bill submitted by the
company, is an indirect, yet nevertheless plain
admission of the practical wisdom of the latter,
as well as its constitutionality, for the Legisla
ture, unable to devise any thing better, actu
ally adopted all its propositions, though they
reduced them to a smaller scale.
This suplimentary act grants !
That the provisions of the act for the sale of
the State canals, requiring the Attorney-Gen
eral to sue out the mortgage in case of the de
fault of the company to pay the interests due
on their bonds owned by the State, be suspen
ded until the Ist of May, 1861.
That if any judicial sale of the Sunbury and
Erie road should be made hereafter, the amount
due contractors for work done, and materials
furnished from the Ist of August, 1859, to the
Ist of April, 1860, shall be preferred to the
mortgage held by the Commonwealth, provided
the amount exceed not $600,000; and that
the president and managers of the road be en
abled to enter into contracts with the managers
of other corporations with a view to the com
pletion and working of the read, provided the
lien of the mortgage to secure the payment of
the bonds, issued under the act for the sale of
the canals, be not affected thereby,
It will be seen that in principle, at least, this
act concedes every point asked for. The com
pany asked for an indulgence of several years,
the act grants indulgence for one. They asked
that $3,500,000 of their bonds should enjoy
precedence to those owned by the State, the.
act grants precedence to $600,000 of the com
pany's scrip; and that the action of the man
agbrs might not in any way be hampered, the
act expressly authorizes them to conclude con
tracts with other corporations, according to the
best of their judgment.
The unavoidable inference is, that the bill,
proposed by the company, was not rejected on
any constitutional, or even state-economical
grounds, which might have proved a satisfac
tion to its framers, but for the fatal drawback
of its provisions having been so curtailed as to
render them ineffectual, and defeat the great
object for which they were devised, and which
is the same the State had in view in disposing
Of the canals. The company's bill was but a
logical consequence of the act for the sale of
the canals.
We may here mention, that while the sup
BY 0. BARRETT & CO
VIZ WILT PATRIOT AND UNION Will be served to RR 111
scribers residing in the Borough for SIX ONNTSTERW7ANZ
payable to the Carrier. Mail rubscribers, vows DOL
LARK PaR ANNUM.
Tug WEaKLY will be published am heretofore, semi
weekly during the session of the LegielatureteMd once
week the remainder of the year, for two dollars In ad
vance, or three dollars at the expirstionof the jest*.
Connected with this establishment is an extensive
JOB OFFICE, containing a variety of plain andlaney
type, unequalled by any - establishment in the interior of
the state, for which the patronage of th'e DAM le El -
Belted.
NO. 133.
plementary act proved of but little benefit to
the company, and of none to the State, it has
nevertheless affected the question of a fore
closure of the mortgage in a manner to reduce
still more the prospects of the State of realizing
by this means any considerable portion 'of. the
debt. When it was extremely doubtful, last
year, whether the State could secure more than
one million dollars by a sale of the rotid,it is
certain, now, that from the sum that might have
been realized, a year ago, a farther deduction
must be made of $600,000, the amount added
by the supplementary act to the claims enjoying.
precedence to the claim of the State.
It is to be remembered, morecrete, that the
State has not a mortgage on the entire pro
perty, but only on the property in possession
of the company, at the time of the passage of
the canal sale act, consisting of about forty
miles of completed road, with a previous mort-_
grge of $1,000,000 thereon; the right of way to
Erie and about one hundred acres of land in
the vicinity of the latter city.
The State would receive, therefore, in case of
a sale by foreclosure of the mortgage, next to
nothing, and this part of the question, at least,
ought to be regarded as finally settled.
In discussing this subject, before the Legisla
ture, it was also remarked that the existing
relation of joint ownership is open to a consti
tutional objection, the fifth section of the
amendment, adopted in 1857; expressly provi
ding that the Commonwealth "shall not become
a joint owner or stock holder in any company,
association, or corporation."
It was argued, on the other hand, that a
railroad, two hundred and eighty-eight miles in
length, of lighter maximum, grades than are
found on any similar work extending to the
West, north of southern Virginia—well con
structed and fully equipped at a cost of twelve
millions dollars, forming the larger part of a
great commercial artery that will connect a
city of 700,000 inhabitants by the best and
nearest route, with inland seas whose com
merce exceeds $600,000,000 in a single year,
ought to be, when finished, a good security for
all its other debts and liabilities.
LETTERS TO THE PEOPLE OF PEJ.VN
ON THE SECTIONAL DIPP ERENOEP,WHICHPLACE
IN JEOPARDY THE UNION OP THE STATES—No. 3.
FELLOW-CITIZENS : —The topic of this letter
is, the cause of the accomplished secession of
six States, and the probable withdrawal of eight
or nine more slaveholding States, from the
Union. The cause usually assigned; is the
predominance of a party, based on anti-slavery
principles, in the non-slaveholding section of
the Union. This undoubtedly is bite proximate
cause, the immediate occasion. But a moment's
reflection will show that the anti-slavery agita
tion is itself the eject of an ulterior cause, the
fruit of a radical political error, which regards
the Government of the United States as an
original and integral Sovereignty, a consolida
ted Empire, an Unit, and not an Union or Con
federacy of Sovereignties, formed for certaim ex
press, statutory and limited purposes. The idea of
"an irrepressible conflict," on the part of a
sectional majority, waged with property in
slave labor, or with any other political institu
tion of a sovereign State, either to abolish it
within the limits of the State itself; or to inju
riously affect it in any common: territory, is
wholly incompatible with the idea of an Union
or. Confederacy and. iodetiendent
States, although in perfect keeping with that
of an original, inherent, integral and supreme
Government, ruling over subordinate and de
pendent States_ To affirm that the dismember
ment of the Union, now in active progress, is
attributable to the anti-slavery agitation, i 3
simply to assert that it is caused by a spirit of
determined resistance, on the part of the sece
ding States, to the rule of a seetional party,
which is about to employ all the powers of the
Federal Government, regarded as an original,
inherent, integral and supreme GroVermnent,
dominating over inferior and dependent States,
to injuriously affect, in a vital particular—viz :
their right of emigration with their property
in slave labor, worth the almost fabulous sum
of four thousand millions of dollars, into the
common territories—their safety, prosperity.
honor, dignity and equality as sovereign and
independent States of the Confederacy. The
great political issue, between the doctrine of
"State Rights," as distinctly and philosopically
enunciated in the Virginia and Kentucky reso
lutions of 1798 and 1799, and the antagonistic
view of the Constitution of the United States,
tending to consolidation and centralization,
held and contended for by Alexander Hamilton
and the elder Adams, joined at the very com
mencement of the Federal Government, by the
Democratic and Federal parties, and ever since
agitating the mind of the country, is at last
brought to the severe test of revolution, blood
less as yet, but fraught with vast suffering,
disaster and ruin, in any view which may be
taken of it.
Politicians and statesmen may theorize as
they please about the advantages of a strong
and splendid National Government, based on a
recognition, in the administration of the Fede
rative system, of popular majorities, where
they are not expressly admitted, as an element
of political power in the Constitution, yet What
has been long predicted by the only true con
servators of the Union and the Constitution,
the Democratic party, has at last come to pass,
that State Sovereignty has arrayed itself in an
attitude of armed resistance against even the
initiatory measures of a consolidating policy.
The seceding States have waited for no "overt
act," other than the construction of a party
(the Chicago) platform, wholly at variance with
the fundamental principle of the Constitution
of the Union, " the equal rights of the States
of the Confederacy," and the recent triumph,
at the polls, of the sectionalism, which erected
it and stands pledged to administer the Federal
Government, in conformity with its oppressive
requisitions, to place themselves in a position
of safety and defence. They have found a
sufficient cause for their prompt action in the
manifest fact that the fetters intended for them
"are already forged, and their clanking may
be heard on the plains of Boston." They per
ceive no propriety or expediency in awaiting
their actual imposition. The consummated and
the threatened revolutionary action of fifteen
out of thirty-three sovereignties of the Confede
racy, embracing nearly half of the population
and territory of the Union, about to involve, in
inconceivable disaster, the commercial, manu
facturing and agricultural industry of the Con
tinent and the world, furnishes the best altar
mentary upon the political character and design
of the sectional party which has caused this
incalculable evil, and renders unnecessary any
further e xposition of its hostility to the princi
ple of the Constitution of the Union.
Wherefore, endeavor to show, by argument,
that nowhere, in the Constitution of the United
States, has there been expressly' delegated to
Congress any power so to legislate in respect
to the Territories of the Union, as to discrimi
nate between the persons and property of the
respective States, favoring the people or inati.
talons of one section, and proscribing those
of another? Palpable and incontrovertible
proof of the unconstitutionali ( y of " the Wil
mot Proviso," and of the free soil doctrines Of
the Chicago platform, is furnished by the
Vorld.shaking fact that a dismemberment of
ttta great aud, *lttrions Union' of American
j:Cf I
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