pi M
jMsman's $0itntal.
g. J. BOW, KDITOR ASD PROPRIETOR.
CliEARiTELD, PA., JAN. 8, 1868.
The Governor's Message.
Having been favored with an early copy
' of Governor Geary's first annual message,
we are enabled to give our readers the more
important parts of that document to-day,
tand in advance of its being received in the
city daily papers. The late hour at which
we received the message, and thtf great
length of the document, precluding its pub-
' lication entire this week, we give only the
Governor's remarks on the Finances, a gen
eral Railroad law, and National affairs, as
the subjects of most importance to the peo
ple at large. The remainder of the message
will appear in our next week's issue.
Our National finances.
The financial question is irresistibly ten- j
ding to a certain and permanent settlement.
The many discussions in regard to the pay
ment of interest have done good instead of
harm ; and now.no man doubts not only
that the debt is secure against all accidents,
but that the national securities are the best
investment in the world. This is the real
basis of security, and if we needed any more
assurance we have it in the steady decline of
gold, and this must be followed by the grad
ual reduction of the prices of the necessa
ries of life. There will be difficulty before
the whole question is disposed of before
the details, direct and indirect, are all ad
justed.' But let us look the truth fairly in
the face, and admit that, with all the suf
fering in the South, and all the depression
in the North, these are as nothing in com
parison with the incalculable advantage of
saving our country and destroying the cancer
that was eating out its heart. Congress can
not cure the wounds inflicted in such a
struggle in a day ; but if its extracts order
out of the financial chaos, as it promises to
do, before the Fourth of July, it will do
more than any other government could have
done, similarly embarassed, in a generation
of years.
The Congressional Question.
Several weeks since we copied a para
graph from the Warren Mail, intimating
that the friends of Gen. John Patton, con
templated bringing his name before the
nominating Convention, as a candidate for
Congress. Since then Mr. Patton, has re
ceived numerous solicitations on the subject,
but he has invariably disclaimed any inclin
ation to becomea candidate for the position.
To allay any wrong impressions as to his in
tentions in the premises, we are authorized
by General Patton to state, "that he has no
desire now, neither has he had any desire to
again be a candidate for Congress, and hence
he cannot consent to the use of his name, in
connection with the office.before the nomina
ting convention." Ye, while thus public
ly declining the position, he is not unmindful
of the good intentions of his friends, and
thanks them kindly for the intended honor
which they would confer upon him.
"What is Threatened.
Should the Democratic party, as it is now
organized, with the most virulent Copper
heads dictating its action, succeed to power,
the payment of the slaveholders of the
Southern States for their chattels liberated
by the war and the amendment to the Con
stitution, would certainly follow. That it is
expected by the Democracy of the slave
States is evident from the care being taken
in all the States to ascertain the value of
slave property lost by the rebellion, and to
collect authentic information upon the sub
ject. The Senate of Kentucky passed a res
olution recently, appointing a committee to
ascertain the value of the slaves emancipa
ted in that State by the war and the aboli
tion amendment of the Constitution, with
the view of making a claim upon the Gen
eral Government for compensation for the
tame. All the Democratic members voted
for the resolution, of course. Give the De
mocracy a majority in both Houses of Con
gress, the claim would be allowed.
Now AND THEN. It is a significant fact
that when the delegates to the Democratic
National Convention are elected from the
South, they will be chosen by rebel votes,
if they are not disfranchised rebels them-
teives. itn tne exception oi vnurew o onn
80 there is hardly a Southern white who
was .true to the Union during the war, that
is not thorough Radical dow. The South
ern, wing of the Democracy, now as then, is
composed of the army ol Robert E. Lee.
The Latteastcr(Penn.) Jiepvhh'can contra
dict the story that Hon. John nickman, e
lected to be Legislature from Chester coun
ty by the Republicans, js for Gen. Hancock
for President.' -
Circular 1 Private.
The following circular, marked "private,"
we copy from the Harrisburg State Guard
of January 1st, 1868. The editors say it
was handed them by a Democratic friend,"
and hence there is no doubt as to its genu
ineness;
" Circular 1. 18C8.
private.
Democratic State Committee Rooms, j
Clearfield, Pa., Dec. 10, 1867. J
Dear Sir : The Spring Elections are ap
proaching, and it is of vital importance to
us, in the great contest now pending", that
we should secure IN every locality, our
just share of the Election Officers; Judges,
Inspectors, Assessors and Constables. I
write, to call your special attention to this
subject. I need not attempt to demonstrate
its importance, all appreciate it. Let pie
beg that you and your Committee will give
this subject prompt and earnest attention.
Regard it as a business matter, and act ac
frnvlinirW. AllOCSK OUR FKIF.SDS IN EVERY
district: show them how powerful this
when effectually used. USE THE
NECESSARY means to carry every sure and
DOBTFCL district for us. Where we are in
a minority, place a man of high character,
well-informed and courageous, on the Board,
as our Inspector: IN seen district, see
THAT OUR VERY BEST MEN ARK SELECTED
It is a great error to fill such places with
weak men.
List of doubtful men. and those who vo
ted with us in 1867, for the first time, with
th?ir townships and post otnees, can be
made very useful. Furnish me all of these
vou can obtain.
There are a great many aliens, rcauy ior
naturalization, throughout the State : all
must be naturalized. Your labors and mine-
will be lessened, if you will obtain their
names and residences at an early day, and
cive me the total number in your county,
with the probable costof naturalizine them.
In arransrins for your Spring Elections,
you can obtain this , information with com
parative ease.
If you have not already furnished me with
the names and post office address of two ac
tive Democrats in each election district in
your county, I will be obliged if you will do
so. ery respectfully, yours,
William A Wallace,
Chairman.
Now, there are several note-worthy fea
tures in this "private" circular to which
we invite special attention. First, thesolic
itude of Mr Wallace to gain control of al
the electior. boards possible ; which control
ling preponderance is, no doubt, to be used
for the purpose of inducing the polling of as
many illegal votes as practicable the dec
tion in Philadelphia in 1867, having demon
strated "how powerful this weapon is, when
effectually used." Second, his early anxie
ty to have "lists of doubtful men," because
he presumes that all such "can be made very
useful," by means of a subsidy, in swelling
the vote of his party at the approaching
Presidential election. And third,' his desire
to know "the probable cost of naturalizing
" a great number of aliens, throughout the
"the State" a number sufficiently great,
we opine, to over-ride the will of the legal
voters, if possible which "cost" it is pre
presumable the Honorable Chairman in
tends to defray out of the party treasury a
heavy burden if fully carried out. But per
chance, should the '"financial department"
(poor thing,) fail to stand so"grcat" a draft,
what would become of this grand scheme to
draw Democratic voters? Would it fail?
Oh, no ! "All must be naturalized," at all
hazards! How, then? Why, through the
usual channels of final resort by the leaders
of that party the issuing of fraudulent
naturalization papers.
But, be this as it may, the sending out of
this private circular by Mr. Wallace, at this
early day, proves the fact that he has a des
perate came on hand, and that, to carry out
his political, schemes, he will resort to eve
ry appliance usual in corrupt -political deal
ing, in which the leaders of the so-called
Democratic party are experts. '
We hope that our Republican friends
will take warning from the advice of Mr.
Wallace,of the "vital importance"of the pen
ding political contest, and that they will ful
ly organize in every election district in the
State, and be prepared to counteract all
frauds that may be attempted upon the bal
lot-box by an unscrupulous and desperate
political foe.
A Correct Position. The N. Y. Trib-
vne says : "Whenever the Republican par
ty, or any other party sees fit to advertise
in the Tribune we expect pay therefor,
though we frequently make deductions when
our own party is the customer." This is
the correct position for a newspaper to take.
We hold that a party journal is boundby its
good faith to advocate the principles and
support the candidates of the party, but
when it uses the advertising space of a pa
per for its own purposes, it becomes a mat
ter of business, and . the party should be
charged as any other customer. Then, on
settlement days, if the proprietors of the
journal choose to abate a part, or all of the
account, that Is their business. A party
has no legitimate claim upon its newspaper,
except that it shall sustain its principles and
tickets editorially. Advertising meetings,
&C, is quite another thing. .
. w ' '
Hard on the President: The Rich
mond Examiner speaks of Johnson's mes
sage wherein he compares . Hancock to
Washington,as "unrivalled as a specimen of
keen and quiet sarcasm." The General's
friends are just beginning to wake up to the
President's humor and the fact that what
they swallowed as genuine praise was meant
for "keen sarcasm."
Eight bears were killed in one day, in
North Carolina by a party of gentlemen, and
the same day a little boy killed two.
Annual Message of
GOV: JOHN W. GEARY;
Delivered January 7, 1868.
To the Senate and Jlouxe of Jiepresentatues
of the Commonwealth oj 1 enn a :
fiFNTLEMEN : Before performing thecus-
toniary and constitutional duty of transmit
ting to you information of the affairs of the
Commonwealth, and recommending such
measures to your consideration as are deem
ed necessary and expedient, it attords me
great gratification to tender to you my most
friendly gieetingson your assembling at the
Seat of Government, and to welcome you to
the council chambers or the State.
Our grateful acknowledgments are due to
th Beneficent Author of all good for the
continued prosperity and well-being which
every where prevails, tor tne aDunoance
which has crowned the labors of the hus
bandman, for the general health with which
we have been so signally favored, and for
all the enjoyments of peace, contentment
and happiness within our borders.
Our count ry has just emerged from the
trials and dancers of an unrighteous rebel
lion and entered upon a period of important
political strueele arisine thererrom. liein
convened as the representatives of a confid-
ine constituency crave duties and responsi
bilitities devolve upon you to so legislate
upon the great and manifold interests com
mitted to your charge as best to subserve the
welfare of the people and advance the honor
of the State. The fullest confidence is en
tertained -that your deliberations will result
beneficially and your public duties be faith
fully discharged ; and on my part permit
me to give 'ou assurances of zealous co-operation
in all your labors calculated to pro
mote the general welfare.
One of the most important duties devolv
ing upon the Legislature is the consideration
of the public finances. Such action should
be taken for the provision of funds to de
fray the current expenses of the Government
the preservation ol' the credit of the Com
monwealth, and the'speedy extinguishment
ot the public debt,as circumstances shall be
found to require. These objects are of the
highest importance and claim the first atten
tion of the Representatives of the people.
finances.
The report of the State Treasurer shows that
the balance in the Treasury, November 30. ISIirt,
was 51,741.033 27 ; Ordinary rtceipts during the
fiscal year ending Nor. 30. 1S67, S i.4 23,330 07 ;
Loan for the re'l mption of the over-duo bonds,
$23,000,000 00 ; Depreciated funds in the Treasu
ry, unavailable $41.032 00; Total in Treasury
for fiscal year ending on November 30th, 18(57,
$30,205,395 34.
Payments, to wit : Ordinary expenses during
the fiscal year ending Nov. 30, 1S57, Si 533 6!l!i 99;
Loans, Ac., redeemed. S20.913.S2" 89; Depreciat
ed funds, unavailable, 511.032 00; Total of pay
ments, 525.543.55S 88 ; Balance in Treasury, No
vember 30, '1867. 54,661.836 4C ;
Of which the Treasurer reports as applicable to
the payment of over-due loans, 52.937,978 55;
Balance, 51.723.857 91.
Amount of the State debt on November 30th,
ISMS, 35.622 052 16.
Funded debt, to wit: 6 per cent, loans, S25,.
311,180 00; 5 per cent, losns. $12,104,025 20; 4
percent, loans, S175 000 00; Total 537,590,205 20.
Unfunded debt, to wit: Relief notes in circu
lation. S9R.625 00 ; Interest certificates outstand
ing. il3.06 52; Interest certificates unclaimed,
4.443 38: Domestic creditors certificates, $14 67;
Total unfunded debt SIU.201 57.
Total outstanding debt 537,701,409 77. From
which deduct the amount in Treasury applicable
to the payment of over-due loans 52.937.973 55;
Balance, outstanding deht. 534.766,431 22 A
mount redeemed during fiscal year ending Nov
30.1867,5355.620 94.
That the operations of the Sinking Fan! tiny
be clearly understood, tho following --recapitulation''
is quoted from the report of the )oin mis
sioned for the year ending Sept. 3, 1367:
Balance in sinking funt, September 3d, 1867,
52,752,351 77; Receipts in fund for yt-ar ending
September 3, 1867, 53,355,810 69; Total in fund.
S6. 103.162 46. Disbursements: Paid interest,
52,575.330 55; Loans Redeemed, 51,794,569 50;
Premiums. 5275 00; Domestic cieditors, 575 00;
Total disbursements, 54,370,250 05. Balance in
fund, S1.737, 912 41.
.By the sixth section of the act of May 16, 1861.
a special tax ol one-half mill on the dollar was
especially set apart for the payment of the inter
est. and redemption of the 'oan created by an act
of May IS. 1361. entitled '-An Act to create a loan
and provide for arming the State.
The receipts from said tax and tax on grofs re
ceipts amounts y 5lb'J,l (3 17. interest paid in
February and August, 1367, 5169,245 00. Balance
on hand, S319.933 17.
Public debt. November 30, 1S67. 834.766.431 22
Assets in Trea-sury, to wit: Bonds of the Penn
sylvania Railroad coiup my, 56,500,000 00; Bonds
of the Phtladelnhia and trie Railroad comnanv
53,500,000 00; Interest on bonds of the Philadel
phia and brie Railroad company, $1,400,000 00
Cash in Treasury 1,723,857 91; Total amount of
assets SI 3. 1 23.857 31.
Liabilities in excess of assets, 521,6-12.573 31.
The above assets will be available as fol
lows: By the act of May 10, lG7,the Penn
sylvania railroad company are to pay on the
above bonds, $100,000 a year until July 31,
1 S'JO, when one million of the residue shall
fall due, pnd one million annually thereafter,
without interest, until the whole is paid,
which will be in the year S0.
By the net of March 7, 1 SGI, the $3,500.
000 ot bonds of the Philadelphia and Erie
Railroad were surrendered to that comnanv.
upon the deposit of four millions of dollars
of their bonds as collateral security lor the
payment of the original bonds, ar.d a mort
gage of four nnlliors of dollars was also
given by the company to secure their pay
ment. These bonds are to be paid in forty
years from date of issue, and will mature A.
D. 1901.
There is alwaj'3 a discrepancy in announ
cing the reduction of the State debt, be
tween the annual proclamation of the Gov
ernor and report of th1 State Treasurer,
arising from the fact that the sinking fund
year terminates ou the first Monday in Sep
tember, nnd the fiscal year of the Treasury
on the 30th of November. To prevent com
plication of accounts and annual explana
tions recommend that the termination of
the sinking fund year be made the same as
that of the Treasury.
The promptitude with which citizens of
t ennsylvania came lorward last April and
took the whole amount of the twenty-three
million loan, (the bids being for upwards of
thirty-three millions,) may be considered a
most auspicious circumstance in the finan
cial history of the State, and indicates"" un
bounded confidence in the good faith and
substantial credit of the Commonwealth.
The foregoing statement of the finances is
set forth with pleasure, in consequence of
their flourishing condition.
In addition thereto, the balance in favor
of the General Government for Pennsylva
nia's ouota of the direct tax levied in th
several States for war purposes and for cash
trom the United States, amounting, in all. to
nearly two millions of dollars, has been set
tled in full by the allowance ot claims for
extraordinary expenses incurred by the State
during the war.
In consequence of the lapse ol tunc since
the remaining claims were contracted, the
want of sufficient vouchers and explanations
and the difficulty of finding the parties,some
of them being dead, by whom they should
made, render their settlement difficult,' and
in many instances, doubtful,the accomplish
ment of which will, however, be vigorously
pursued and the results laid betore the Leg
islature. . ,
. Passing from this general review of tue
finances of the State," I cannot permit some
of the most prominent ideas connected with
them to pass unnoticed, because they clear
ly indicate the'path of duty in the discharge
ot the Executive trust. It is deemed proper
to call your attention to the fact that during
the entire year a very large sum of money
is in the keeping of the State Treasurer.
This sum has not at any time for years been
less than a million of dollars, and at present
amcfunts to considerably over lour millions
of dollars. That it is unnecessary tlit the
greater portion of this money should be
kept in the Treasury to meet the ordinary
demands upon it is obvious; and that it
should be withdrawn from circulation is cer
tainly a detriment to the business of the
community. A contraction to the amount of
several millions, as at present, cannot fail
to uiake, its impression upon those engaged
in mercantile, manufacturing, agricultural,
mining and all other kinds ot employments.
This money. I am informed upon good au
thority, can be loaned, with ample security
for its re-payment when needed, for certain
specified periods, at a reasonable rate of in
terest, and the oroceeds nlaced in the Trea
sury for the benefit of the State,which would
not only be benencial to the tax-payers, by
increasing the public revenue, but also en
large the accommodations for business pur
poses. If this plan were adopted, the with
drawal of the circulating medium, by the
payment of taxes, would be so brief that it
would not materially affect the public wel
fare, "he fund thus acquired could be ad
dod to the sinking fund, and would materi
ally aid in the reduction of the State debt.
A glance at the condition or the Ireasu-
. . , , , . r , i n
ry will show that at least lour minions oi
dollars mUht now be loaned, and at four
per cent, would realize the huudsome sum
of $160,000 per annum. Or nearly the whole
amount ot. the balance now in the treasury
might be rendered productive by leing in
vested in the bonds of the State, bearing six
per cent, interest, even rfiough purchased at
a premium. Or, it might be invested in
United States interest bearing bonds which
would be available at any moment a neeessi
ty might arise for the use of the funds. If
that amount were exchanged at par for Uui
ted States ten-forty bonds, bearing five per
cent., interest in gold, the product would be
at the rate of $-00,000 per annum, in gold,
or, at tho present value of gold, $2G6000
in currency. Besides, the funds would not
become "depreciated and unavailable" by
long continuance in the Treasury. A law
for this purpose could be pasted, specifying
the ineihod by which the unneeded money
of the Treasury may be loaned, authorizing
and empowering the State Treasurer, and
such others as you may designate, to exe
cute, or carry out, its provisions.
Your attention is-also invited to the fact
that the salary of the State Treasurer, now
only seventeen hundred dollars, is entirely
disproportioned to the duties and responsi
bilities ot that officer, and that the amount
of the bond, eighty thousand dollars, given
by him to the State, is equivalent to no se
curity at all,v under the piesent system of
placing, unconditionally, the entire funds of
the State in his hands. The only security
is the incorruptible honesty and integrity of
the Treasurer. Suppose that when there is
in his keeping millions of dollars the incum
bent ot that office should be tempted to be
come a defaulter ! How easily could he
secure to his bondsmen the amount for
which they would legally be liable to the
State and appropriate the balance to him
self! For years, it seems to me, the Trea
sury of the State has stood, as it were,
upon a volcano. Examples all around us
show the fallibility of man, and how fre
quently a;;d easily he is swerved from the
path of rectitude and honor. Even many
ot those in the most elevated positions and
enjoying the highest confidence of the pub
lic, are often found to yield to the tempta
tions that surround them. The desire for
the rapid accumulation of wealth ; the thou
sands of schemes presented to excite the cu
pidity of human nature, and the looseness of
public morals, engendered by the escape of
the guilty from punishment, have so demor
alized public sentiment that it may be con
sidered a wonder almost a miracle that
Pennsylvania lias so long escaped from the
calamity that might at any time have hap
pened, or that may hereafter, happen, by
the robbery of her Treasury, and render the
suspension of the payment of the interest
upon the State debt, for a time, inevitable.
In the peformance of my duty, I have
forewarned the Legislature of a danger as
respects her finances, of no" common mag
nitude. It remains for it to determine
whether this danger shall be averted by
prompt and efficient' legislation and the
Treasury guarded against the occurrence of
so great a calamity.
GENERAL RAILROAD IV.
The subject of a general railroad law has
long been agitated, and although it has
found opponents, but few objections have
been urged against it, whilst arguments ac
cumulate in its favor. It seems impossible
that any person can receive injury from its
adoption, whilst its benefits may be felt by
all classes of citizens. Even the chartered
companies have no reasonable grounds for
opposition.' The intention of the propose 1
law is not to deprive them of any vested
rights or franchises ; but to secure to others
the same privileges and opportunities for
competition. It will open new avenues to
distant markets ; improve the value of prop
erty ; give new impulse to emigration ; put
additional lands under cultivation ; stimulate
trade, agriculture, manufactures and me
chanic arts to increased energy ; furnish
greater inducements and facilities for travel,
and add to our general prosperity. Other
States have tried the experiment with sat
isfactory results, and there is no reason why
Pennsylvania. should be a laggard in the
grand march and progress and improve
ment. .Next to the importance of creating addi
tional railroads on the free principle, is the
reduction of charges for passage and freight
to minimum rate. 1 his is a matter tnat
concerns every individual. Transportation
will increase in quantity in proportion to the
reduction of its cost, and as the facilities in
crease and the costs decrease, the more vig
orous will be the development of our indus
trial resources. Kauroads will derive more
benefit from low than from exorbitant charg
es, lhe increase of travel and freight will
be vastly greater than the increase of ex
pense. The transportation of a loaded car
costs but little more than that of one that is
empty. In the matter of passengers alone,it
is reasonable to suppose, that the lower the
rates of fare, the greater will be the num
ber of persons to avail themselv es of th
privilege of railroad transportation. The
same is true in regard to freight ; for the en
gine that draws a half-dozen cars, can with
nearly equal facility propel a larger number.
Moreover, the road that is worked to its ut
most capacity must .necessarily, at very re
duced rates, acquire greater profits than
one that transacts but a small portion of the
business for which it is competent. The
adoption of a system of uniform rates for
passengers and freight; so graduated as to
be profitable to all immediately interested
in the use and conduct of such works. would
be productive of decided benefit in lessening
the prices of food, clothing, fuel, and ali
the necessaries of life, to- every citizen of
the Commonwealth.
NATIONAL AFFAIRS.
A brief reference to the condition of the
country will be proper,. and will doubtless
be expected by all who were earnest in their
desires and co-operation for the suppression
of the rebellion, and who are now equally in
earnest in their wishes and endeavors to se
cure an early, final and permanent settle
ment of our national difficulties, upon the
basis of loyalty and patriotism.
Contrary to the hopes of the great mas
ses of our people, that portion ot the coun
try which was lately in rebellion has not
yet attained complete tranquility. And
this seems to have been inevitable ; for all
history teaches us that a people who en
cage in the perpetration ot hign crimes
cannot entirely nor immediately escape
their consequences. Nor, perhaps, is it
desirable that they should. However this
may be, it is certain that perfect repose
cannot be secured until the insurrectionary
State shall resume their original practical
relation to the General Government.
How, when and through whom this can
be best done, is the great question of the
present. .
That the views and conceptions of. a sin
gle individual however, high he may beac
cidently and temporarily exalted, should be
allowed to control or determine this oucs
tion, cannot for a moment be conceded.
The Constitution provides that the Uni
ted States shalr guarantee to every State m
the Union a republican form of government;
and, where the will or the people is the ac
knowledged lawot the land, it requires an
extraordinary jiinount ot political enrontery
to assume t hat a Chief Kxecuttve ot'the na
tion, to any degree or under any circum
stances, is the United States.
And yet in effect or substance, if not in
plain terms, this was assumed shortly after
the surreu Jer ot Lee and his armed forces,
by the President . and he lias continued to
act on this a sunitioii, even in his late an
nual message, in which, .vhi'e claiming, in
words unknown to our lore! at hers and our
institutions, to be the ' elected defender"
of the people, he arrogantly calls on Con
Kress to "immediately strike from the sta
tute books" its reconstrution laws.
That Congress "will surrender its plan of
reconstruction to. this manifestly despotic
demand, cannot be'even imagined or con
jectuied. That plan, carefully matured as
it was, and f ully approved when it was a
direct issue before the people, is eminently
just, wise and patriotic. It insists that
men who were loyal in acts during the re
bellion, or loyal in their feelings, should a
lone participate in the immediate govern
ment of the "insurrectionary districts."
Going beyond the mere surface, it rests ul
timately on the important doctrine, that
the destinies of the nation can only be safe
"in the hands of its friends 'of those whose
political and moral natures remain suffi
ciently pure to feel the impulse of patriot
ism and the obligations of oths.
That policy which antagonizes the Con
gressional plan, which has obstructed, and
persisteutly endeavored to defeat it, first
ignores all these important considerations.
Having done this, it consistently maintains
that those who devised the most infamous
measures of war, and for years relentlessly
perpetrated, in aid of their purposes, theft,
plunder, murder, starvation, and assassina
tion the very leaders of the rebellion
should be allowed, after their involuntary
failure, to possess all the rights and privi
leges of good citizens.' That a scheme so
absurd and dangerous should be sternly op
posed by every true patriot, ought to admit
ot no doubt, lhe tact that it has some ad
vocates renders it more important to ous
tain the contrary proposition.
In my inaugural address, I said, "that
while Pennsylvania will confide in a loyal
Congress, she will not hesitate to sustain it
by her influence and power." This I re
peat. Nor can I be induced to change this
purpose ; nor do I believe the people of the
State can be, by appeals to the humanita
rian ism of the age and the invocation of
mercy for those whose attrocious deeds
have darkened the pages of our historv. It
has been well said, "the pity of the macis
trate which suffers a criminal dangerous to
society to escaj e from deserved punish-
" i i if ni
ment, is not mercy, tut weakness. lrue
mercy inclines us to pity and relieve the
unfortunate and guilty; but only in accor
dance with justice. And it may well be ad-
aea, tnat it is at least a weakness, ti not a
crime, to permit unrepentant,' and only out
wardly subdued traitors, to exercise the
elective franchise, hold offices, or take part
in the deliberations and legislation ot the
nation. Its stability and prosperity, the
welfare of the people now and hereafter,
cannot permit these things to be done.
Individual interests, as well as the gener
al financial condition of our national affairs
would be greatly benefitted by the simplifi
cation of internal revenue taxation, reduc
ing the number of articles taxed and insur
ing honesty and faithfulness in collection.
The reduction of taxes on the necessaries of
life and on the manufactures that are in
competition with the products of foreign
labor should be encouraged, while the tax
on luxuries and imports should be made suf
ficient to sustain the expenses of the Tgov
ernment. The people of Pennsylvania, ever true to
the Union, and unswerving in their deter
mination to preserve its honor,integrity and
perpetuity, are proud and free to assert the
sacredness of the national debt, and that its
ultimate payment in full must be secured.
As regards the tariff, the protection of
home labor and resources, I need only refer
to the views ex pressed in my in my inaugural.
Time and continued reflection have strength
ened the views therein expressed. But this
subject is committed to the watchful care of'
hoped their labors will be crowned with th,
-rr.wi, murc4ucuixs. oureiy ine I n ted
States mA i Dllea
industry and skill her own toiling millions !
Gov. Geary's remarks on education and
other subjects, will appear next weck.-Kn.
Senator Sprague on our Manniacturea.
Senator Spraiue. of Rhode Islam! l
as a large cotton manufaturer, ought to h'
'ci uiiuaiiiicu ttilu iuv situation and. prog
pect of ime branches of manufacturing jn
dustry than any other public man, although
it is possible tnat nis deep interest in the
subject may color his views in certain re
spects, in a recent , speech in the United
States Senate declared that he did not know
of a single manufacturing interest tliat
not aimosi, ueswoyeu, mat mousands ini
thousands of operatives were suffering for
the want of employment in consequence of
taxes and adverse legislation toward exis
ting interests. lie said that he wls ' hu
miliated in being obliged to admit the fact
that with this poor, despised, short-stapled
busky Indian cotton, a fabric is to-day pro
duced by the skiil and labor of Englishmen
equal to the bet fabnc that American ma
chinery has yet been able to produce. This
is the cause of the present depression pf the
cotton manufacture in thi country and
throughout the world." He thought that
in less than two years the famous Sea Ll
and cotton will be known only as a plqnt of
ornament, for tha Egyptian cotton is usurp
ing its place. He said that in the last ser
en years the machinery in Rhode Island had
by use, been reduced seventy per cent, is
value, and that this wear had not been made
good by gains. He asserted that in the
whole range of his experience he did not
know of an article that the American man
ufacturer can new produce andexport and
cimpete with foreign manufacturer in the
markets of the world, even with the draw
back 3lcw Mvcrtiscmcnto.
A'lvrrtisemrnt rrt tip in large type, or out of p!at
stylf, will be charged dottbtr )inal rote. JYointi.
WANTED a nerrant, to cook. wh and iron.
Jan. 8. . Apply to H. W SM1TU.
I7WR SALE an elegant tte-igh. perfectly new,
' and cushioned throughout. Apply to
Jan. S. II. W. SMITH.
"VTOTICE. Persons having unsettled ac
counts, since July lt, with the under
signed, will please bring in all their crrditi ni
Eire their note in settlement for the balance due
January 1st. J. P. KRATZEli.
s.
B
M K Y E II,
PRACTICAL MILLWRIGHT,
ILESBl-RO. Cr.STRE COOTT. TK-X
Also agent for all the latest Improved Water
Wheels vnd Portable Smw Mills. Jnn.o'M-1 jp.
STRAY CALF. Came trespassing on the
premises of the subscriber, in Jordan
township, about the first of October last. red
heifer calf, about seren or eight mouths old. Tb
owner ia requested to come forward, prof prop
erty, pay charges and take it away or it will be
eold as the law directs. THOMAS STRONG.
January 8, 1863-3tp.
SAWS! SAW'S 2
Attention Lumbermen !
EMERSON'S
PATENT PERFORATED CROSS-CUTTINil
CIRCULAR AND LONG SAWS.
(All Humming Avoided )
And Emerson'i Patent Adjustable Sasge
for Spreading. Sharpening and Shap
ing theTeeth of all Splitting Saws.
MEUIIELL & BIGLER,
General Agents,
CLEARFIELD, PA.
jan8.
im.
QUARTERLY REPORT of the Firt
National Rank of Curwensville, on
Monday the 6th day of January, 18f8.
RESOURCES
Loans nod Discounts : : : : : $11I.J' '
OrerdrafU. :::::::::: 32?
Banking House.Furniture and Fixtures, 3.S24 o
Current Lxpensee i. Taxes paid, :
Cash Items Including Iter. Stsinpi, :
Doe from National Ranks : : : :
Due from other Banks : : :
2.041 24
: 367 30
56.823 92
1.423 76
U. S. Bonds deposited with U S Tr.
to secure circulation, : : : : 81.000 00
U. S. Securities on hand. : : : : 2 700 c'
National B'k Notes and Frac"! Currency. : 39
Specie and Legal Tender Notes : : 29.684
Compound Interest Notes, : : : 2 230 B
Total, :::::::: : :.S233.ir IS
LIABILITIES.
Capital stock paid in, : : '
Surplus fund.
Circulating Notes, : : : :
Due Depositors : : : : : -Due
National Banks : : : :
Due other Banks, : : : : :
Piofit and Loss ::::::
Total Liabilities : : : : :
$100
: 18
: 67
000 e
000 Of
450 0
: 89
.873 71
638
9 tt
874 s
776 il
102
S2S3
I hereby Certify that the tbeve Statement is
true abstract from the Quarterly Report made I
the Comptroller of the Currency.
QUARTERLY REPORT of the condi
tion of the First National Bank of Ck'r
field, on the morning of the first Mudy of J
u.ry, 1868 :
Loans and discounts 63o4
Over Drafts l,8iJ
Furniture and Fixtures
Revenue Stamps ..... ... 632
Due from Nat. Banks M 'J
Due from other Banks and Bankers - 4,149 Z'
U. S. Bonds deposited with Treasurer
or U. h. to secure circulation
j,ooi
utiles oi oioer ihoki,
- - 2,734 H
. - - 151 fi
. . 17.081 J
. "$22Tl80 Or
Fractional Currency, - - -
Legal Tender Notes and Specie,
Total ....... .
LIABILITIES
Capital Stock paid in - - -Surplus
Fend ......
Notes in Circulation - . . ..
Individual Deposits ....
Due to Nat. Banks - - . . -Duo
other banks and Bankers -Profit
And Loss - . . . .
Total Liabilities - - - - -
. . siw.ow "
. 5 coo 0
86.541
. - Si"
. . 3,884 W
. - . 1 3"
. - 4.764 W
I hereby certify that the above ts a true abstract
from the report aaado to the Comptroller of tb
Cnrreaoy, Jan. 6th, 1868. A. C. FINXKY.Car-
W
ALL PAPER s, Urge assortmentat 'h
Nov. S7-Ia. KEYSTONE STORK