El TRE BEVAR ARGUS MID RADICAL. BEAVER. PA.. Itirednesilay rflortang Oct. Ist 1873. REPUBLICAN TICKET, STATE. JUDGE OF SUPREME COURT ISAAC G. GORDON, Jefferson County STATE TREASURER , IL W. MACKET Allegheny County DISTRICT AND COUNTY. Assembly. 6, 41, CROSS, Beaver county. IIIniATPAN Nfhington count}, A, VPllMlM,l„liditt(otittiy, DAVID McKEB, Butler copty, Pro th ouOUitx, 0. A. SMALL, Bridgewater.. Treasumbr... . 8.. MANN, New Brighton Cour:miliderileik? . G. W. SIIROADES, Moon tp. lnry 'Cotuntssioner , • JOIIN WILSON, Chippewa tp. Poor Rouse Director. BAXUEL lioliANAMT,Ecohoirky tp. Auditor. J. F. CULBERTS ON. South Beaver tp Trustees of Academy. L. S. IMLIRIE, Beater. P. L. Cat.l.M., New Cis.litee HON. lei. W. I'mAcKEY. The Pittsburgh Post on Tuesday last announced that State Treasurer Mackey had a large Deposit with the Union Banking Company which failed a few days before, and that the State would lose halt a million or more. The same day Mr. Mack- ey telegraphed lion. IL 13. Swoope that the report was false, and the fiState would not lose one dollar by' the failure of that or any other Bank . : `"The Post was compelled to retract, land thus the first attempt/of the Dem , lcratic Press to assail hp, or t his management of State , nanees -has redoundea - to hised-tt. It is ~ __ viell known that / tinder the former management of - . the Treasury the bulk . of State Deposits -were ',vith Jay Co — okft -- and Company, and in the - Union Sank: and ii thepeple of the :_ Common wealth - could have'.designa , ... ted a depsitary Air publio;mone - y r - three out-of five would ha ve named those very banks. Mr. Mackey is entitled to the credit of saving the money of the commonwealth. His wisdom and foresight alone prompt ed the withdrawal of:, the public monies from those institutions. Had tke Money been lost he would have been acquitted of blame because be bad the money deposited in what was at the time regarded, as the safest banks in the State. He saved the State half a - million of d0:.:,1,, and for this be is entitled to the gratitnde of every tax payer in the commonwealth. When the Chicago fire brought ruin to Philadelphia and other eastern cities, causing the 'saspension of a number of banks of ,the best standing, among others that of C. F. Yerkes and Company by which the State lost one hundred arid fifty thousand dollars, he stepped forward and assumed the loss, paying every dollar into the `Treasury. There is probably not another man in the State that would or could have dole the same. In all our financial difficultieS he has pro tected the Treasury from loss, and maintained the credit of thy- Corn , Inonwealtb. Because of is great ability and his successful manage ment of our finances, he was nomi nated byslnlepublican party for election by the people under our amended, constitution and the peo ple have already ratified that nomi nation by an indorsement seldom ever received by a candidate. His election is beyond doubt - and by a majority such as no man ever re ceived at an election other than Presidential, since the organization of the coinnionsiealth: as an officer be has had nor superior and • few _equals, and as a man he has more warm devoted frieAs than any .4i:her public man in the common wealth. TLS• people are his debt ors and cannot afford to dispense with his services. The more his inana;:ement of the Treasury is un derstood the more this fact will be apparent and the larger his majori ty will be. For this reason the Democratic press, and politicians let him alone and have conceded his election ever since his almost unani- mous nomination. TUE Governor has been asked \ to sign a number of bills which i pA Leg islature never passed. He thinks the State might dispense with the attendance of members' and save in)ney thereby, by permitting the c:erks to pass all necessary laws. Tne attention of the constitutional livention is called to this sugges- MIE DECBEASE4IF I mr,rtruLtc DEBT. The official treasury statement for. August, showed that during that month the public debt was decreas ed six milltion seven h,undzed and fifty two thousand eight hundred and icenty nine dollars and twenty nine cents. The Republican pares-'has kept its pledge to extinguish the `public debt as rapidly as is prudent with due consideration of other in terests, and the official figurol make Wong arguhlient in favor of keer l ing in power a party that titian& se well in fulfiling its public - prom ise and increasing the prosperity of the country. THE THUSDEI{BOLT. H The ti - 4.ncial crash came upon the country like a cliP of thunder out of i j A clear sky. Jay Cooke and Co. irEisk and Hatch, HEnry Clews and Co, and a large number of smaller concerns were prostrated by the se verity of the stroke. The panic that resulted from these failures was wide spread and deplorable, and caused a general calling in of loans, and increasing demands upon the , banks- The stringency of the mon ey market beonme almost unendura ble, and many firms could not get money on their securities, and were thus forced to go under. The price of stocks fell and fluctuated beyond all qxample, and enormous rates were paid to have stocks carried over night. It is impossible to sum up the injury that has overtaken tine business community. The crash has taught a lesson that will not soon be forgotten, arid in order that it may ofitable, the causes that have prAue - e 't ouolit to be thor f Cal ghTY e el. h e failure of 4ay Cb'okl / .4C0. and Fisk and Hatch, are.attritiAble to, heAvy ad vances to new . rail Way enterprises, the former weighed down with Northern Pacific bonds, the latter carrying Chesapeake and Ohio. Railroad building has been pushed in certain sections beyond the limit of prudence, and a vast amount of money expended that is now virtii ally unproductive. These enterprises in a national point of view may be wise, but they are evidently non paying concerns in dollars and cents, and hence tho§e, individuals who have paid out their funds for them, now suffer the result of their, foolish- n.se. Thousands of miles of railroad ave been built within a few years that can hardly be made to-pay sim i'ply their running expenses:- Some- Nody has been the loser, and the financial storm has burst over the heads ()Nth as were unprotected from, laid exposed to its fierce elementS, and in the' ruin - Oat fol lowed, althongh the suffering ought to have been borne by the guilty gambl'e s :rs and speculators who alone are to ba blamed, yet the innocent man of moderate means and those dependent upon their daily toil for bread, have been, acrd )atneces sarily be, by the demoralization of trade and the losseans, 'the chief sufferers. The inordinate .:de sire to get immensely rich has in duced many otherwise good men, to embark in wild cat speculations and risky enterprises that involve the ex penditure of large sums of money. Sometimes the enterprise is of such a magnitude as would justify only a Government to undertake, but it is legalized and made a stock concern and by advertising, the stock is sold to the people. Finally the bub ble bursts, how long will the working men suff(Fr such injustice before they begin to ask the reason wily? Soon they will begin to de- n_and some restrictions upon eapi- trilists an 3 corporations which will confine their btpzincss within le (Titimate and safe limits. haste slowly'' should be the motive of our business men, and if less rap id progress is made, what is maile will be a sure step iniaavanee and profitable to the community. The of risk has too largely enter ed into all kinds of business until many business transactions are no better than gambling. It is impos sible to engage in trade without ta king some risk, but every one should keep within prudent ltmit3nd never venture beyond safety/ If Jay Cooke and Co. bad k Pt to their business and not under ken to build the Northern Pacific ailroad, and so assumed heavy risky, the trouble that has overtaken them would uev- THE aGUS ,WMWESDAY 1878„ er have existed. The bonds of that raiiroad were• inflated by them. far beyond their value by 84stematic advertising in the leading papers of the country. Maoy were thus swin dled into purchasing them, and now what have they got for their money? Such business is not legitimate, and the people have a right to be pro, tented againsfit. If the late crass and panic shall result in a radical change in commercial transactions, and insbstrial development 811th as shall (11610 the it of 11%, the disastel,4ill long be remem bered as a national blessing. The following section fixing the number of Representatives in the Lower House of the Legislature was adopted by_a close vote in the con vention, after an exciting debate. To the masses it will be about as clear as a problem in Euclid. In case of its adoption, Beaver County w:11 get two members and Forest with one tenth of our popu lation one. The convention seems determined to submit a constitution I , lw can understand, and no one have the time to read. To secure adoption, common sense would sug gest a different course. The members bf the House of Repre sentatives shall be apportioned among the several counties according to population, on a ratio to be obtained by dividing the whole population of the State, as tiscer tained by the most recent United States. census, by two hundred. Any county, including Phil idelphia, having more than one ratio shall be entitled to a member for each full ratio, but each county shall be given at least one member; and coun• ties shall not be j )ined to form a di 3trict. , Any county having less than five ratios shall have an additional member fora sur pLis exceeding one-half a ratio over one or more full ratios. Any, county, inclu ding Phitadelphis 4 Ifavirg over ,one hun dred. Thoti r sand inhabitants; shall be di, vided into districts, and every - city shall be entitled to separate representation when its population equals the ratio, but no district shall Elect more than four members. The Democrats are making;u ,de termined effort to defeat Getirge W. Shroads, our candidate for Commis sioner. Their purpose is to get the Commissioner this year, and then if the new constitution is- adopted with the Buckalew clause in, requi ring the election of two Commission ers next year, neither party to vote for more than one'; they may 'get con trol of the Board, - This is # sharp trick, but it won't win. The Repub licans of Beaker countydori't intend to give the mino44ty the --control of that office. Republicans in every. part of the county should be on their guard however, and see that every vote is polled for Commission er. Xfter thaonstitution is adopt ed, we will be compelled to give' the Democrats one member of the B ,ard and thati - s-alt-they are entitled too. Mr. Shroads is an intelligent farmer, possessing far - more than ordinary qualifications fur the office, and is beside a good _citizen and a live Re publican who' deserves is much from the pa ..t any man in the county. lie 4ould — ,irid we trust will get every Republican vote. THE folloWing amendments adopt ed by the Constitutional Convention almost unanimously will meet the approval of the people. After the example of the New York Lela nre it is important such provisions were incorporated in our organic law to check the tendency of our Legislature in the sante direction. No appropriation shall be made to any charitable or educational institution not under the absolute control of the Com cionweal'b, other than normal seh , ols es tablished by law for the pr.)ft-sslocLal training of teachers fur the public F of the state, except by a vote of tiv.l thirds of all the hiPmbers elected to each house. SEC 19. No appri , priatious (rXecilt f , )1* pensions or gratuities for intl tarp r vices) shall be rnade. for charitab;e etincu t ora! or benevolent purposes, to any - person or corumuni . .y, uor to any denomi national or sectarian institution„ corpora tion• or associatirm. TUE Republican State Convention in New York met at Utica on the rh4th inst. and was presided over by Gov. Woodford. The convention passed resolutions denouncing back pay, and inerease_dlay., and nomina ted the following tickgt Francis S. Thayer for Secretary of State; Nelson K. Hopkins, for Comptrol ler; Daniel G. Eprt, for-Treasurer; Benja min D. Silliman, for Attorney General; Col. Sidney Mead, for Cdnal Commission er; B. Taylor, for State Engineer; Mr. K. Plitt, for Prison Inspector. In CLEA MOM OTHEMVISE TUE petition asking for the par don of Sink and !larks, :was sikped. by Judge Fibletter who 'Eentenced them, ,and , also by the leading jour nalists of Philadelphia without dis tinction of party, viz: John W. Forney of the Press, W. H. Hard ing of the Enquirer, George W. Childs of the Ledger, Mr. Feather ston of the Bulletin, and Mr.,Whar burton of the Evening Telegraph. Governor Harttanft was guided in the matter by the facts in the case fli lot forth by the 11181ingqislioll pt ) titionets upon \do' t 6 re pousi• bility of the pardon rests. OWING to the local popularity of Judge Ludlow in Philadelphia, Judge Gordon may iun behind his ticket in that city. Tho cog , try, and especially the of .the State should ntak. 'tip 'what he will lose there. Judge Gordon is more popular, the more he bec6mes known, and his character and quali fications are such as will satisfy all, that h... will be useful on the Bench, - and - the peer of any one of his associ ates. We hope that every Republi can in the county go to the polls and vote for Judge Gordon. Dui the panic in Philadelphia when every hour witnessed the sus pension of some Banking institution, a Reformer rushed down Third street exclaiming: "Thank God Widener City Treasurer \ has gone up!" It turned out Widener had tret, gone up financially, not having lost a dol lar by the failures, but his majority is going up every day and will be the largest ever given in Aire city, as it ought to be. Hos. ,D.ksiEL At;stw having , re signed his positi•)n. on the Centen nial Committee of FintcpyDr. A. T.-Shallenberger oft Rochester has been appointed to take b.is place. Judge Agnew's duties require his absence from home so much he was unable to serve on the committee. Jacob Henrici of Economy is the chairman. ME HON. THOMAS Ewixo, and lion. .T. W. F. White of PittSburgh are known as two of the best members of the Constitutional Convention, and ttufortanatoly for the State at large, both gO. upon the Bench of the District court of Allegheny before the submission of the constitution. BROO3f ALI, a leading Republican member of the Constitutional Con ye/A.444 he: recommend the people of hig - ' comity to reject the_Constitntion. . It looks as if half the Members would adopt the same course,, being, disgaste.d with the work of the Convention. THE rebuke administered the Fed eral office holders by the Massachu setts Republicans is heartily ,com mended by the:people throughout the country. It remains to be seen what the effect will be on thiise for whom it was intended. THE farmers along the - line of the P. Ft. W. and Chicago Railroad will vote almost to a man for Mackey for State Treasurer. Hutchinson, the Railroad candidate, will hardly Beta vote along the line of the road with which he has been so long connected. IT IS Sala 'Hon. William Elliott, Republican candidate for Sheriff of Philadelphia; will carry the city by twenty-five thousandajority. If merit, and ability were the only Lest he would have at least fifty. CONSISTENCY.—Metni gress pledging themsel es to vote for repeal of the law incr asmg, their sal iirieS, and at. 11 - rue time pocket in., the ink,r( aseil pay evevY month. Tuns far the] is has been but throo viz: l'. Brad N. a Security Trtis(Compaily, and Law- retire Sa • Bank THE way to letieet flo , on the party and the county ! eeting such men as Samuel J. Cross to the Legise A POPULAR candidate! Oscar A. Small, our candidate for prothono tarp. THE Mann of the people! James H. Mann, Republican candidate' fur Treasurer. OCTOBER BALLY Gordon, Mack ey and the whole ticket. —James Kelly, of Schu)lkil I, the leader of the workingarn in that section has been appointed to' a cltilship in the Auditor General's office, —Tbe Democrats of Mississippi, having decided not ‘io nominate a candidate for Governor, will support Senator A.icorn, the rebel candidate. —The Philadelphia Reformers have nominated William Jenks as they eandi date for City Treasurer, in the place of Joshua Hallowell, deceased. rati(~od tiro noilligioo of Tyro 140 of Dclaware county for State lienate. A fulticket was pliked„in :the geld, with no hope whatever of its election. —The St. Louie Itepu,blican (Democratic) says that it is difficult to ,tel.l Whether the present low estate of the Democracy is owing to Dropr;ttsl3lfing the party, or the party the- . D,ainpersts. Both processes have been going on for slme time. —Then; will-be, a triangular contest for the State Senator in the Chester au'i Del aware district,the dissatisfied Republicans having put Dr. iiiilboru Darlington in theeld. Tue regular Republican cind date is Thomas V. Cooper. —The Demc,cratic City Executive Com mittee of Philadelphia, have decided that David Sullivan is the regular candidate fair Legic , l4thre it the Third District, Mr. Josephs haviug refused to sign a pledge to. abide by the decisiiu of the Commit tee. —Senator McClure thinks, as he did Mist year, that our politics are in a bad way. The Democratic tatipse prevents all hope of any organization that will suc-. cessfully contend with the Republicans. Blind adherence to party has destroyed the prospect of reforming the govern-• ment. —ln Dauphin county the Democrati". Convention pledged its candidates for the', Legislature to work for the repeal of the L ical Option 1 iw. The result is that all teinperandit,Democrats, who are pretty numerous is D Luph in ant Perry, feel-gut ; raged, and thefrefu ,gli-riport the party • • riouti ha tiors. • —=The Wiettgo PraFie, Farmer*, -.cosn roenting on the refusal of 'railroads .th make cheaper rates to the Illinois State rikir, says : "In the words of the old plan tation melody, 'The day of retribution am a comin'." And the Peoria Transcript ! adds: "It looks sometimes as if the rail roads of this State wanted people to crush them." —Joseph S. Waream, of Mifflin comity, received the Democratic nomination for Senator in the Huntingdon District. 'his is entirely unexpected and is hard on Petriken, Crawford and Meek, all of whom held on for one thousand or mire ballots. Irwin of Centre, Republican candidate should now be elected. —Politicare slightly mixed In Mont gomery county. The Democrats have nominated a full ticket, the Farmers' ,COnveution made up a _ticket consisting di two Demoerata and two ititiWblicans, .., and the Republican Committee 124ve call ed a primary election to vote for orainst holding a Republican Co,nvetitWn. —Two DelliociatTo tickets are in the k \ik field in Clearfield - con ty - . The adhe rents of the respect' e wings are threatening to thaw , each o er up., The "Court House Ring" and tWllidocs" are the technical names by whie the re spective pasties are known. Now, let the Republicans put in their "best licks" and defeat both factions. —An exchange says: Wayne is certain ly the most harmonious county, politicatP ly, in the State. They seldom run two candidates for the Legislature. Beach, a Democrat, has come in for two winters from that county, with the indorsement of the Republicans. And now, the Dem ocrats having nominated Hon. Wm. Dim mick, the Republicans wheel into line and declare they will support him. Hip py Wayne. _The Decnoci'atic county Convention of Bucks county met at Doylestown yes• terday, and made the foil )wing nomina tions : Additional Law Judge—George W. Rogers, of Montgomery county; Asso ciate Judge—J )sepli Morrison ; District Attorney—L .vi L James ; Assembly.— George a Hedgemaa and J. .thlei Jlitni s)n ; J ury Cornmissi )ner—George. B. L-ur; Counts' C wnrnissioner—Chart.s B. Yost.; EIMEIREI County Tre:Liurer—C. G. Fetter ; Direc tor cif the P.inr-1 B ; u lime —M. Erdman. • —Tbe 13 :rk clvity I a telZi er sty s : We e.true:,Sly ii•ipe that the Constituti )n , ll C invention no Ar sitting in Pt. i hla d I decile to a tit tteri d iicrect. , ;e in th..l ineint-wrshiri (it the limit. It.-pre s,,,a;, i I ► this brAnch of the Legi-lei. tore, fr)sed t the p..;00b. iaf is; Ve riAl C)u rv. !3, th' e )0 •;1. t 'll - Id be small. Etch meuOL:r shawl I --_Are in direct communicati na with tho,k. who elect him, and to whom he is respon sible for his offi:itl acts. The S , :cate may very properly be li uited to tifty members , as its character and legitimate fuuctious aro very different. But the House should be in reality an assembly of tho people, brought together to consider and act up on things whilh concern their welfare. At present many large counties, like Bucks, Montgomery and Chester, have each but two representatives, who are generally stran,,rers to the bulk of their constituents. .I.ot this be increased to four or five representatives for counties of thi4 size, and every citiz , m will at once feel that he has a personal concern in leg- POLHICAL. '-4he Chester county Ihmocitits have \ islation. l In another view an. inereat: the lowir branch of the Lei,biture equally important. The Coa verlio La i cousAered many methods of prv er:c4 . l , hasty and corrupt law-maki ng To Qct t the number of mAnhers w o ol ty. ,_ tic safegu ird that e'in devisF:,l. V,44" men find it easy to manipulate in a small public boiy, but to pureb:4•,, controlling strength in a nunitrou i reseatative assembly would he be,, q. , their reach. We fell sure that if to t L ven.tioa will take step it will d o al ~‘ to commend its work to popnlir app . : v , his is a final test that must be-clitok,„ ed, and it is worth while for the 1100 to condor ti c Yion 01 at latge us.weil as the ettnhe Lave found such frequent expres,i, G „ ing its sittings. We want the best (. stitution possible while we are aboL: one that will be snsible an I j . need no newsrapar nivoeicy to adoption. Correspondence of the Ar4:us and RI dies.' ~,v TIIB A3lllll CAN CENTENNIAL. One hundred cars , rs 1 Who lives i - , .c. their end with an intelligeit reeot:e.* : of the beginning ? Nppe. Yet ~•en.:i.L , niats are instly observed and veet)r.i!: We have had many. but.—ii-tt- on e important and so interes',ing a. ,- ,. American. The lifetime of a peopikr: tiplied from three t i forty iiiiii(, ;; .,_ then thinly scattered along the AGia coast—now filling the hru:i f il ex; frOm ocean to ocean, and fretti tl., Lawrence to the Gulf. What one hin,:re: Years have been so replete with grzl events? The liberation of a people I . c 3Z • a foreign yokee-the founding of i ernments and the Union o- written bases unknown to the old wqr . : , -; the lifting up of dr down tro ‘ l , len es, an 4 Vacing them. on ,a)ligh pkhe intelligelice, education and Min•ral hn..7 and force—:the ,advancement• off c'v;':; tion, of the arts au&sciences, ari of means cdintercOmmunication Of r , e thing's k nd eas, to an -- . 1 .11t, makes • the elements of wealth,-}pop:::. tion and power, careen through the of society like IMblood till rough tilel,A7 —theseulVfollowett - livgigattie endingiu the mist to, change-in the eel m-t:' 01 g cv9r cis.}k-i?a' Ei f tt d legal eq-411tv,' , 'ding dowt. Thto p'eace,lm3 quility and nnity, have made the Atil6- can people the marvel of the wor.i. flow grand the spectacle, thelr cent Pt. ary wlll 'present! True we who sea.. witness it saw not the beginnin 4; hug annals of the nation are full, and the terials of comparison between the ber: ning and the end are sf comple:e. the American Centennial may be male perfect in the contrast between 1776 1876. To make this compart%on effective, a, to display to ourselves .aDA to '.\ world the wonderful progressol t.`ae-t, Lion in all things that make a poop; great, wise and gappy, is the purpose the American Centennial Exhibity What American is not deeply interest in this design ? Who so elating is 1( c of home and country, so 1 w in thoK. Mean of spirit and . devoi of cone ;the magnificient() splendor of l' 'people he cannot perceite the utility the °bled; or aid in its advancement. Truth is stranger than fiction, and this exhibition will prove it to What will it contain ? Or rather w will, it not preisent? for , who can even 1. dy,gather up and entimerate all the a: taintnents and improvements of the ;s!: century. To state the classes allr would fill pages; yet every class wi,. provided for, and all that belongs to eat class will find 'its appropriate rai in this Exhibition; whether it population, resources, agriculture, tug' ufactures, commerce, education, iztlr: tions, Eciences, arts, new disceer , useful in :eutions, and all things bet:'' ten in and,"attending the lai't one butiiir't , years. Nay even the very park and !L: buildings erected to make the ext.b tion a success will be. wonders. Ar: what city so appropriate to such tau es position of American progress, iv+ F.: . adelphia, where on the 4t.la of July the nation was born, and the great 1- proclaimed° liberty and independeq where the nation first set out uVi journey of freedom and progre,s, 3: entered upon its mission a., _a 1 , - , ' light to the world. To,the city o:' I" delphia this merited honor lia , ti vt. ceded by, a common consent. \\*bat , ' t . le‘r i efore, so interested as_,Penn.\ in the success of this centenniAl• l' sylk-anians on 'you falls, the iiiii%" king this success complete. Intfr b your self-respee., your e )11:-',-' your greatness as a State, as V; O• • love of country, dentind• this, hand- 1 . In order to cualie suc,!essfill Congress and the 'attire have lent their ai 1, 1:1 , 1,::; all tUe States have taken a I.art/ iy regoired to make it eflc,.ti.a l . .111 Ust b 0 raised to carry ~,retho v. , • this purpo3o the rts • rai.4ed under the legis!aton (.. have adopted a ineasui eof rvvt-Tvi' • appk)rtions to each county it. , a: , 1 4 • proportion. Committees e pointed to put the plan itAo 4 who will organize the towuship licit subscriptions of stock. the plan as drawn by the Conitn:l!re.: fora me I am unable to present ent features. This will be donee,,," by those who are familiar with tails. A' a citizen feelin gan intert — f the great Centennial Ex hibiti on to on the 4th of July 1876, I have thu". : : -. proper to direct public attention ! this communication, •and to UrgtP ple to perform their duty in this I hope others better able to jlO continue the theme.