y RIGHT Oil WllOXG. WHEN RIGHT, TO BE K It P T RIGHT, WHEN VSOXO, TO BE PCT BIGHT. THURSDAY:::::::: :::DCMBER 1 2. Anotlier.l'cace Proposition. One of the best jokes of the season con sists in the fact that another proposition has been made iu Congress, looking to a peaceful solution of the difficulties exist inz between the Federal Government and the Rebellious States. It was offered on Friday last, in the United States Senate, by Mr. Saulshuuy, of Delaware, and embraces a preamble and two resolutions. The first resolution provides, that Mil lard Fillmore, Franklin Pearci:, Roger B. Taney, Edward Everett, George M. Dallas, Thomas Ewing, IIORACS RlNNEY, REYERIiY JOHNSON, JonN J. Crittenden, George 0. Pugii and Riciiard W. Thompson be appointed commissioners on the part of Congress, to confer with alike number of Commission ers to beappointed by the Rebellious States, for the preservation of the Union, and for the maintenance of the Constitution, and that they report the result of said confer ence to Congress for approval or rejection. Wc cannot dignify this resolution by any other title than that of an absurdity. The time for such propositions has long 'fiinco passed. With the attack on Fort Sumter, expired the last ray of hope of settling these difficulties by peaceful means. The Federal Government well nigh belittled itself in its efforts to avoid a resort to arms ; and now that it has been driven to that dread alternative, it can only retrieve itself by exerting all the force and power it can command, against those who presume to throw off its author ity. At all events, it would be more ap propriate, if peace propositions are to be the order of the day, that they should fir st come from the other side. The villains who broke the peace of the country, should first manifest their willingness to restore it : and then, if their propositions should prove honorable, they should, of course, receive due consideration. Rut bad as is the first resolution of Mr. Saulsbury, the second is worse. It pro vides that, upon the appointment ot Com missioners by the Rebels, and upon the meeting of the joint Commission, active hostilities shall oease and be suspended, and shall not be renewed, unless said Commissioners shall be unable to agree. "We take it, that the rebels would want nothing better than this. By acceding to the proposition, and appointing Commis sioners, they might prolong the matter indefinitely ; meanwhile our grand army, at' an expense of a million and a half or two ruillious per day, would eat out our substance and accomplish nothing for the cause in whose behalf it has been muster ed. Then, at some moment auspicious to the Rebels, they would pounce upon us like thieves in the night, and we, talking of peace, and probably unprepared, would find ourselves worsted. The experience of the past should teach us that the men who are now seeking the destruction of our government, will keep faith with no body, unless it bo to advance their own selfish ends. They cannot be trusted. They have set out establish a Slave Oli garchy, and to accomplish their object they will lie, cheat, rob, murder, or do anything else ! Mr. Savlsbury is eminently fit to fath er this silly proposition, lie is a pro Slavery gtutleman, and it is but natural that he should feel a desire to sec his friends in the so-called Southern Confed eracy, well cared for. But wc apprehend his resolutions will not pass. An indi vidual named George B. M'Clellan lias alread3' been appointed a Commis Fionsr to settle the question, and his pow ers iu the premises are ample. He is just now in a fair way to commence operations, and we doubt not Congress will wait patiently until it sees what headway he makes towards a restoration of peace, be fore it resorts to any other :xpedieut. If he can't save the country, certainly 'Peace Canyentioas" can't do it. CyThe accession of the southern states in improving the fiuances A' the Post-oOce Pepartment. The deficit the current year will be two and a half millioaa less than list var. All Hail! Silver Grays! Last week we visited Harrisburg, in company with.Capt. "William Palmer, for the purpose of making the necessary arrangements for having the company of veterans known as the "Silver Grays," ordered into service, as well as to have provision made for their being comfortably quartered and speedily uniformed. Our most sanguine anticipations were realized. We were received in the most friendly manner by Governor Curtiu, who gave us every satisfaction, assuring us of his cor dial interest in th effort to raise a compa ny of hardy veterans desirous of marshal ing themselves under the "Stars and Stripes," also giving his consent to all our suggestions, promising to provide for the "Old Men of Cambria," to the extent of his power. We were authorized to send on the "boys" on Tuesday. They- are gone, followed by the fervent aspirations of every patriot in the county for their safety while absent, and their honorab-e return, after the glorious Stars and Stripes once more wave proudly over thirty-four States of this Union. Wc accompanied the "Silvered Patriot ic Soldiers" ou Tuesday as far as Altoona. They numbered about sixty, to be followed by nlany more during the present week, who could not make it suit to go with the advance. In parting with this brave band of volunteers, who have discarded all claims to exemption from liability to mil itary service, wc were forced to the conclu sion that, so long as this spirit animated the Northern American heart, our old Flag and our Republican Institution could and icoitld withstand the assaults of domestic as well as foreign foes. In exten ding, when parting, the hand of friend ship to each one of these "old men," wc felt within us a feeling of confidence and pride which we cannot describe. God bless them! May their days be days of glory aud happiness, and may their end be peace. "We cannot close this brief article with out saving one word of praise and com mendation of the spirit and devotion which characterized the amiable lady ot Capt Palmer, AvhUe the "Silver Grays" were rendezvoused at her house. Night and day she was laboriously engaged in ministering to their wants. Every mem ber of the company carries with him a feeling of gratitude, which will live even beyond the grave. A soldier's benedictions arc hers. It will give us great pleasure, and we know it will be equally gratifying to our readers, to publish from time to timo "notes" promised to be furnished us by a "Silver Gray." The above was prepared last week after returning from-Altooria, but too late for publication until this issue Ed. AUo'jha nian. An Important Pleasure. A very important bill was introduced in the U. S. Senate, on Thursday last, by Mr. Trumbull, of Illinois. It provides for the absolute forfeiture to the United States, of the property, real or personal, belonging to any person who shall in any way aid or abet the present Rebellion. This forfeiture is to be enforced by the courts, or by the military power when necessary, and the proceeds of the proper ty of each individual seized and. ferfeitcd, subject to the just claims of his loyal creditors, is to be held for the benefit of loyal citizens, despoiled of their property by the Rebellion, and to defray the expen ses incurred in its suppression. The bill provides also for the forfeiture of the claims of all Rebels to such persons as they may hold in slavery; declares the slaves so forfeited free, aud makes it the duty of the President to provide for the colonization of such of them as may be williug to go into some tropical country, where they may have the protection of the government, and be secured iu all the rights and privileges of freemen. In his speech dcliveicd on submitting the bill, Judge Trumbull remarked that he wanted no other authority for putting down the irigantic Rebellion, than such as may be derived from the Constitution. lie is in favor of the most vigorous measures for that purpose, but insists that they be kept within constitutional limit?, which he clearly demonstrates is the ease with the act proposed by him. Whatever may be thought of the pro priety or expediency of thi3 measure, it must be conceded on all hands that the distinguished Senator has undertaken his work in the proper spirit. The questions involved arc of the greatest importance, and he has approached them iu that hon est, calm, clear and deliberate way which should always characterize oue iu his high position. Tine Ta-tc of a Traitor. It is with a great deal of pleasure that we note the expulsion of Jonx C. Breck inridge from the United States Senate. A resolution for that purpose was offered by Mr. Chandler, of Michigan, cn the 4th inst,whcn Mr. Powell, of Kentucky, took the ground that inasmuch as BRECK INRIDGE had resigned, he could not be expelled. Mr Trumbull, of Illinois, insisted, hewever, that he should be ex pelled, and offered a "substitute for Mr. Chandler's resolution, Iu the following pithy language : Whereas, John' C. BiiFCEiNr.iDGE, a member of this body, has joined the enemies of li Is country, ami is now in arms against the gov ernment he had sworn to support, therefore Resolve?, that the traitor, Bkeckixeiogk, be expelled from the Senate. The substitute was accepted by MV. Chandler, and the resolution was unani mously adoptcd,yeas, 3G, nays, none. The following gentlemen were absent, or dodged the question, viz: Messrs. Bayard, Bright. Johnson, (Tenn.) Johnson, (Mo ) Pearee, Polk, Powell, ttice, Saulsburj- and Willey. Thus the double traitor who has proved himself false to Kentucky and false to the Union, instead of being permitted to vacate his seat by resignation, is genteelly kicked out of it by his former associates. lie has brought upon himself the disgrace which his expulsion carries with it. lie has received what he deserves, and he de serves still more. We hope that an op portunity will yet offer, when he may be presented with a hempen neck-tie, aud that the Federal authorities will adjust it po tightly that he cannot say "Craven" a word which describes the despicable coward with the utmost precision and nicety. i The nicssase. With this number of The AU'ghmiian wc send to each of our subscribers a copy of the Annual Message of President Lin coln, which was sent into Congrcsson Tuesday of last week. We had hoped to have been able to gratify our patrons in this regard, cotemporancously with our last issue, but were vexatiously disappoint ed in not receiving a supply which we had ordered from Pittsburg. Not wishing to deprive our readers of their usual variety of matter, we have gone to some trouble and expense in the preparation of the "Extra" containing the Message. Owing to the troubled condition of the country, there has been great anxiety to learn the views of the President, as offi cially expressed to Congress. His Message is a plain, straightforward document, and commendably brief. It should be read by all. mm m mi Walt ! Patience is a virtue which has not been vouc-hbafed to the American people, who arc more prone to eagerly demand results than to examine reasons for delay. Since South Carolina in mock heroics led off in the war against the Union, we have crowded events beyond parallel, in the world's history ; yet, with insatiable grcediness for results, is more impatiently called for. There is an honorable excuse for this impatience, for it is the offspring of pat riotism, and cannot be guided, until over South and North alike, floats the loved banner of the Union. Still, however its exercise must necessarily retard, instead of hasten, events. There is no power on the earth which, iu so short a time as this governmcut has done, could place itself on such a gigantic war-footing. The shot and shell which rained against the walls of Sumter, have proven dragons' teeth, yielding a most plenteous harvest of armed men, brave and enthusiastic, eagerly de manding to be led to battle. We have an army in the field strong enough to in sure success iu crushing the rebellion, 'where eight months ago the military strength of the country consisted of a few scattered thousands. We have a treasury replete with gold, which but a few months since, from the .skilful manipulation of traitors, was bankrupt. We have a navy which in a short time has been created as if by enchantment, though its proud achievements prove that it is no myth. Wc have a President in whom, and his advisers, confidence is unshaken ; who realize tho great responsibility resting upon them. We have, at the head of our army, a general, possessed of the highest courage known to a soldier, that of icaitimj. The misfortunes of the past season have not. been void of good. To tho defeat at Bull Run we owe the discipline of our army. The memory of the brave men who fell at Lcesburg will i.crve many an arm when-next the cloud of battle breaks over us, to avenge their death and emu late their courage. Let us all, then, wait patiently, for the bright timo, which must surely come, confiding in the ability and the patriotism of those in power, to assert the supremacy of right. 23-Government has given orders for the manufacture of half a million pairs of woolen mittens, for the use of the hr.ivn soldiers who aro now battling for our na tional existence This is good news fur the soldiers QUILL-DRIVES, Egi, Juicy our streets. XgQ Coming the holidays. E$S- la demand brier root pipes. STOut of demand buffalo robe3 and tin tiunabulatory fixins. B,, Large the attendance at Court this week. XSj. A nuisance our present mail arrange ment. K3Queic: Would i! be proper to call a soldier who had engaged in the battle at Ma nassas, a Bully Runner? Read chapter XXXV of the History of C:;mbria county, published in to-day's paper. It is interesting. Eff We can't cllidje you. D. & S. Yes you can commend us to your lexicographer. t2 United States senators .ire defined as men who receive $3000 a year for trying to be President. EXi-It is said that "a word to the ivi.ie is sufficient." Cut it is otherwise with those who are otherwise. 8?. Puukins has very shrewdly observed that when the great aeronaut of the army is on terra firm a he is Lowe, but when he goes U2 i." his balloon he is high. i2 Punkins proposes to keep the Ebens burg and Wilmore Plank Road "open" by ad ministering to it an occasional do.se jof salts. Rather a novel ide.i, it mast be confessed. teif" Enoch Lewis, Esq., General Superin tendent, and W. II. Wilson, Esq., Re.-i.icnt Erginetr of the Pennsylvania Railroad, both of Altoona, were in town on Saturday but. EcSuAti exchange advertises for composi tors ''who won't get druak," and adJs that 'the editor does all the getting drunk neces sary to support the' dignity of the establish ment. Jt&g-The Ilollidaysburg Slandc rd says that ouf friend of the D. k S. is the handsomest cditr in Cambria county. "Every one to Ins taste, as the old lady re marked after ki.-sing her cow. XgQa, Our Devil says he absolutely saw a line run aud a plank-zt-tf.-, both iu the same d:i. But our Devil is, unfortunately, a good deal like the editor of the D. k S. scmewhat giv en to romancing. &3T"rhe Ebensburg and Cresson Railroad is a fixed fact, etc. Selah ! Cam. Tribune. The word ''Selah ' is supposed to signify a change in the musical performance of a song. Used as above, it means, "Let's whistle anoth er tune!"' Applicable. The Blair county Whig says the Prince of Wales is about to make a tour through Turkey. As the holiday season is approaching, it is quite likely that Turkey will also make a tour through the Prince of Wales. ty We notice that some of our cotempo raries have been publishing the "Star-Spangled Banner" an! tho "Red. White and Blue," every week since the commencement of the War. Our Devil protests against this, for the reason that it is making our Flag threadbare. g2Col. Charles J. Diddle, a newly-elected Congressman from Philadelphia, has recently written a letter which has provoked some se vere criticism, and made him numerous ene mies. Charles has been rather popular ot late. Nicholas Riddle was popular too, at oue time; bat One has a right to expect an anoma lous termination to such an. anomalous war as this is. The South is lighting for just what they have always had, and the North is fight ing to make then, share equal rights and priv ileges with themselves in a perfectly free Government. B53 The following viorceau is commended to the cor.sidei ation of a confiding public with fear and trembling: Wherein is the most apparent resemblance between our Ebensburg and Cresson cuter prise, and Dizzard of the D. & S. ? Why, one evidently is Rail Road, and the other un doubtedly ought to be Rail Rode. i2jr- A terrible tragedy transpired at Maple' Ridge, Pennsylvania, tv few dnys ago. Two brothers, William and Aloazo Lattin, became engaged in a quarrel, when Alonzo struck William a ferocious blow with an axe, cutting his head open through the forehead and nose. The injured man was alive at last accounts, but there was hardly any hope of his recovery. Biddle, the successor of E. Joy Morris, iu Congress, was elected as u Union camli date. He is the illustrious author of two letters one written before the election, to catch Republican votes ; the other since the election, to insult the Republicans who voted for him. Bully for Biddle ! His second letter proves that he Should epell his name hence with a P. J2? A French bishop lately gave the fol lowing theological view of crinoline: "Let women remember, while putting on their pro fuse and expansive attire, how narrow the gates of Paradise are !' Our Devil insinuates that the reverend gen tleman is quite on the wrong tack. Crinoline will certainly be able to get through, from the reason that it is even now pretty well habitu ated to hard squeezing ! BThe Star3 and Stripes now wave in seven of the seceded states, to wit: In North Carolina, over Fort Hatteras ; in South Caro lina, at Reaufort; iu Georgia, at Fort Tybee ; in Florida, at Key West and Fort Pickens ; in Mississippi, at Ship Island; iu eastern Tennes see and in the northern anjj western sections of Virginia. The Union Flag also waves, we suppose, in some part of Texas; and hundreds are hidden away, but worshipped secretly, in every secession stats. rl2ilalclpl2ia Correspondence. PniL.iDZi.pni.i, Dec, 9, 1SC1. Correspondence of The Alleghanian. Of course, the War, with it3 thrilling inci dents, its generals and soldiers, is the all engrossing topic with both Young and Old America at present. The predictions and speculations of some of our city journals re specting War movements' uro amusing in the xiremc. " JI7 toid you so before," or acces sory after the f.-.ct, Is invariably the saplyjt coJVcssL'm of some of them here and in Now Vnik; and they tiy hard to impress the read wz world with their snpriioi" foresight and wisdom. ' Tu'-y bad pointed cut, months be fore, tho advantage of occupying Hiltou Head, the district of iieaui'ort, etc. etc. At the same time, it is well known that these very same journals, yrci iou to the sailing of the Naval Expedition, were full of all sorts of conjectures as to its destination ! But n.,v what discoveries ! Yi:ur unprett-nding coun try paiKTj would be l.tughcd at for iuch declaration?. Among tii a noblest :iiutio:: which have siimnir r.'iduriuu: the Wur arc the "Volunteer Rvi'reshmcril Rooms," at the foot of Washing ton street, in this city. The Erat one was founded by William 0. Cooper, E-;.t v.-bo, with his patriotic associates and ;;oighbus, iuiVf domr !'""! '!'' :n-l ;u:d ; ! 'iil doing disinterested service to their country, by iVed- i . .. -i .1 !! i :-r! ! : u i ii ic ! h i- Yu! '1 ! tec !" IV 'J 1 11 UtS :is mi v p:;s- uiiuuu .i ni"i n.'-- - u ted more to th:r '-on: !' rf i.f tin- sd ! i rr t hr.n -I . . . - .t I. .7... !...t I...- f ,i 1 anv other cltv in the Union. At first this in stitution was a rather ruJe one. When it w.k known th. it ti rc.:iii:f itl was to !ki.s thro'. these hospitable Coopers and their neighbors would ruuse irom their nocturnal slumbers ii with gnvt i..nvk-d cu-K-e-p..d-. clw-r-v. to the muzzles, and aprons full f riti-.n? : nd shot tor the locker, muster in the street nnu pour their ninmiudtion into the advancing ranks until the soldiers were obliged to r.iisc a nag of truce. Alter a while, a couple of twenty gallon coffe-pot were mounted in ''Cooper's cooper j snop, an u rations scrveu uui iiint. 'lhe goodly tinuti -Liking ii-.s gone on tint:! now t h- g !i.ro.is Comiijisr.f.ri.n. aided by contriii 'ti-iii.- of :n n?y :nd army t-T.-rrs iron' liberal citizens, has largely increased its field of usefulness. An elegant in;trouee has been erected, and. with its long and neatly spread tables loaded with liberal viands, presents a fine appearance, and gives evidence of the excellent taste of the c.-timablc lady atten dants, who are of the moot respectable fami lies in" the city. .Miss Dix, ire eminent philanthropist, has given her testimony to Mr. Cooper, as follows: ".Miss Dix's compliments to Mr. Cooper nd his associates in a noble and ennobling work, aud. hopes th tt the Jew books sent to occupy the attention of recovering hospital patients m.iy be acceptable. 'Miss D;x t ikes occasion to express to Mr. Cooper not only her general interest in the charge of the Federal troc ps by supplying needful food, but her Appreciation of both the quality and variety of the provisions spread on the" tables ; the decent, suitable manner in which tin tab es and t.ible-turniture are ar ranged, and also of the genial, hearty good will which welcomes the hungry and tired soldiers to an ample and gratuitously supplied meal. The rer.l blessing of the neat, convenient Hospital, so well sustained and directed by Miss Ross, must impress all who are acquain ted with its advantages with a lively sense of the sincere and humane dispositions of those who, in the spirit f the Oraud Piaster, 'go about doing good.'" The 'Yoiiintcc-r Refreshment Con mittee E ;tabli?h!ii( nt." on fianom street, was start ed under different auspices, but sustained iu a similar manner, and is accomplishing 1 kc good Its managers are worthy of their coun try's gratitude. Their rooms, perfect in all the details of kitchen and larder, are 1 irger and more siiacioiis than the other, and are graced with attendants willing aud anxious to do good. Adjoining this Saloon, on Washington St., by the sidewalk but uncer cover, is a pertect as Inn g Saloon with all the "fixens" a long tands. witii zinc iiowl, roller and tow- line of st el to each, and supplied with refreshing Fair monat, for the ablution of the liicdunu dusty soldier. Allow me to ad 1 th following just tribute to Philadelphia from one who has partaken of its hospitality a contrast remarked by the Salem Register: 'When our Massachusetts volunteers arrive at Philadelphia, on their way to the war. even if it be at two o'clock hi the morning, they are supplied with as good a meal of rel'resh ments, and as we'll cooked, ss any one could wish to eat; but at New York, even though they arrive as late as eleven o'clock in the forenoon, they are marched to Park lJarrncks, :ind fed ou souj, though they stay twenty four hours. At Philadelphia no p.irnde i? made; but at New York a great parade is got up' by the "rfotis of .Js-;achuse;t,,; and tile oiiicers are feted and feasted at tin Astor, while the privates are left to breakfast, dine and sup on soup." ' A new hospital for the Sick and Wounded bus also been added to this benevolent enter prise. -The Ladies' Aid soc;ety." of this city, is doing a good work, and aiding the Union cause bv contributions of bodily comforts to the soldiers. Our churches nre also nwnke to the spirit ual wants of the army, and many of them have held meetings to take measures for the supply of tracts and other religious reading, together with Christian teachers, to the soldier. How cheering and encouraging are all such efforts in hehalfof the Union! And who can estimate their inllucnce on the bravo volun teer I "THEE." B&The Chaplain of the House of Representatives at the opening of the House ou Monday, pmycil r.-jMviui fur thr. yatc. This is the firt time, since the organization of our government, that such a layer was attempted to be made in the Hall of Congress, and it is no !cs signifi cant because it was made . at this time, when those who uphold the political and social rights of slavery are violently at tempting the disrupture of the federal government. If such n prayer had been made by a chaplain of the House six years since, he would have been hurled from the clerk's desk and doubtless assassinated in the presence of the Representatives as sembled, but now the prayer is listened to with respect in Congress", and who dare doubt its merciful answer from Heaven. Thus the woik of mighty reform prog resses, and thus the rotten fabric of human oppression begins to be assailed. CQu Friendship, like-phosphorus, shines most whou all around is dark. County CHAPTER XXXT. Jlillyille Koiougii Continued. CAMBRIA IRON W0?.E3. The development of the iron resource of Cambria county is of rather recent on pin, and is calculated to portray tho sht pijihtcdLCSs of man. maure all U 6pie'a. tiMc ittt;:"ii..;juiits. hat now i?; r.erhr the richest iron Held in lV.nnsvlvania a lew vears since regarded as a woriLle. and unseemly bluff, a kind of rart the agricultural surface of Cambria cens' Nav at an early diy in our history, ts"j have clcwlire noticed, pig u;C.tai the valley of the Juniata, was, with iccre. ible labor and difficulty, Lauhxt ever t'". Allegheny Mountain, by what is kecwa r.s il.a "Frankstown Road," a road wliica the progress oi improvement in tl;e;e la' tor days, has left with few travelers. W.irlv :i coi"C of venr tinM v.. ' j , vcor-;c ! S fv i ;i r Ven who i r-T . t? t in. ., V . i - i u- or e-i nrst cstauinMiuig iron Works m Can. ! bria county, purchased the "rnnnrl" commenced the erection of Cambria Fu-. ! mice, Stimulated by the Tariff Act of 1$4 j fun,aC0 jg aLout -j j V "um ic? t canal and the Lonemaugh River; and u sur.ljeJ with water by a tributary of th-t Ji x ,. fctrtiiUi. us distance, 1 ueiieve, is about j four miles from Johnstown in Concinauch 'novr Taylor) township. The MeK Shryock were asrociated with Mr. Kin? iu this enterprise, but afterwards their interest fell into the hands of the late Br. Peter Shoenberger. This is the oldest iron establishment in Cambria county. At a later period, Mill Creek Furnace was erected, on the f-tream of that niae in Conemaugh (now Yoder) township, and owned by John Dell & Co., the rra lein? John Bell, George S. King and Pett-r Shoenberger. The interest of Mr. Beil became vested ia Mr. Shoenbergtr prior to 1850. Still another Furnace waa erected ca Ben's creek, a tributary of Stony creel, a short distance above its mouth, also in the present towuship of Yoder, (then Core maugh.) some of the dwellings being in Somerset county. The eamc ccrapacy owucd this furnace, under the firm nsu of Bell, King & Co. In 1S50, or about that time Dr Shocnbcrgcr became sole owner of this furnace. The impulse that had been given to tie manufacture of iron had meanwhile subsi ded the business languished andapec cral stagnation was the result. The worst fears were entertained for the success of these establishments, and, if I remccle: rightly, they had (or at least scae of them) suspended operations. It was about this period, (1550,) th: the idea of establishing the Cambria Iron Company origiuatcd. I have cot the Ac. j 0f Incorporation before me, but think the . , j capital sioct oi me company nas ne at Oue Million dollars. Cambria, Mi'l creek aud Ben's creek furnace?, Trhh all the lands attached to them, were put iiiio the concern at the modest sum of $100, 000; this amount to be held by Mess:;. King and Shoenberger in proyorticn vt their respective interests in these naccs. The act of incorporation was passed I; the Legislature, the charter obtained, c the company forthwith commenced opera tions. Everything was undertaken on the most gigantic scale, and the extensive works, now known as the Cambria Iron Works progressed rapidly to completion. But reverses came As in most under taking of a similar character, the expec tations of the corporators were too san guine, their ideas of success were not realized, the stock vent down to noffiU prices, aud ruin seemed to stare the vvto.e enterprise iu the face. Nothing but tu? wisest counsels could have pieserveJ from bankrut'1 . as heavy liens had been entered on rear for the construction of the Mill andot buildings. Happily, wise counsels prevail, and the whole concern, to purpose of a final experiment, was ic" to .Messrs. Wood, Morrell & Co., b conducted the works to the prefect & JONATHAN 0LDBCCK- MosKitAitxs. December 1' 18C1. tral W " BSlhe I'cunsylvania cn ; - j-, )tiipanv now control tl.e i - vr:c n - 4'. lin NlinDUM M tiyilC X lUCUgu, 'v - ' VTarlC! ana the J-.ast iJranu". Tinti burg Railroads. Other tnl.u;?.rit;ft,. will piobablv be taken in aud tf ted in the Philadelphia FaFrnfor tie managers are ambitious to P" j a u " , con iroi oi uiu i atmi- now building in.c'tV company are wharves and laying tracks to conn all roads centering at I''Ptic" growth and expansion of this 4 ' ifrful within the part year l.Mbee0P,,f EzJ Reading nutter ou trcry Cam l&-2?sx