VOLUME i. Address of the State Central Committee To thr J'ro/ifr of 1 'er, nnylvan in : FELLOW CITIZ', NS ;—The result of the recent election the amendment to the Constitution r, t - t ) ie Htate. allowing sol diers i» the ti e lj (o vote, is gratifying, in asmuch » 4 shows that the great heart of the (Of jmonwealth is right, in the iearful oloody struggle going onto preserve a great republic, and that these brave ' men are worthy to help govern, the coun try for which they make so many sacrifi ces and suffer so many privations. The friends of the Union have brought about this result, while the opposition have used their poweiful organization to prevent it, with the evident objcctof weak ening the Cnion armies by disfranchising the soldier, and thereby strengthening themselves at the approaching Presiden tial election; and i.i connection with this election let us reason together. The campaign of ISijf is now fairly opened. The issue upon which the cam paign is to be made is clearly indicated. The enemies of the government have publicly and authoritatively declared their purpose in tho contest. That declaration places the duty of patriots in a light as broad and clear as that of noon. There is no mistake either the spirit or the ob ject of our opponents; it is the same that impelled tho chiefs or armed treason to attempt tho overthrow of free government on this continent in 181)0-61. Neither time nor reflection, nor regard lor the ]»ence of society in tho loyal States, nor tho desolations which have devouied the prosperity of tho south iu the grip of war. have wrought any modification of their hatred for a government founded up on the opinions of tho people expressed through the ballot box. It is the part of wisdom to anticipate evil, and to prepare to destroy it before it grows too formidable to overthrow. The attitude of the parties to the Presidential contest gives rise to a serious 'question— the most serious of any which can en gage the attention of the true patriot and good citizen. That question is briefly stated:—Shall we have lasting peace, through a vigorous prosecution of this war for national life, or interminable war. through a pcaco based upon disunion'' The issue is sharply defined. ,Thc ut terances of the Baltimore Convention de cisively declare for peace through effec tive war; the utterance* of the Chicago Convention as decisively pronounce for the alternative pieseiite I in the question stated. They mean tli.it, or they are without meaning. The opposition to Mr. Linco n contemplates disunion as a cure for tho ills under which we lie. 11 is de feat would divide the continent into fac tious States. Nor is this mere assertion. The political history of tho country for the last four years is <\ mass of overwhel ming evidence iu support of its entire, its disgraceful truth. And first, in evidence of its truth, we have the declaration, informal but not less weighty, (becausereiterated and unvary ing.) of the rebel chiefs, that the South will not treat for peace save upon the ba sis of a recognition of its independence. The press of the South omits no opportu nity to impress upon us and the world that peace cau only coma through recog uition. Recognition is but another name for separation. And finally, every Eur > pcan nation has come to regard the result of this war as certain to be one of two things—either subjugation or disunion. It is the clear conviction which truth brings to every rational, enlightened mind. It is, therefore, entitled to great weight, second only to the resultant fact. It is due to the opponents of Mr. Lin coln to state that they pretend to belivc iu the probability of peace aud Uuiou through some compromise, the terms ot which are not clearly stated. It will be easy to show the futility of such hopes, if it has not already been done. It will not bca difficult task to show that such a belief does not take root iu conviction. The leaders of the oppo sition are men of great ability aud more than ordiuary sagacity. They cannot, therefore, be ignorant of the facts which are of public record. Those facts effectu ally preclude the possibility of peace and Union through auy compromise, unless the terms involve recoguition; and that would be disuuion. But let us thorougly consider this ques tion of peace through compromise. It is reasonable to suppose that the chiefs of the rebellion would have accepted terms at the outset if at all. It is alleged by our opponents that Mr. Lincoln hurried the nation into war, not only without con stitutional warraut. but even against the wishes of the rebel chiefs themselves. They reproach the Congress then in ses sion with haviug refused to adopt the Critteudeu Compromise measure,aud thus forced the south into rebellion in exercise AMERICAN CITIZEN. of the right of self-defence and self-pre servation. It is unnecessary to pause to show that all this transpired while the reins of power were held by southern men, most of whom are now in arms against the government. Let that pass. The question hinges upon the responsibility of the rojeetion of the Crittenden Compro mise. It was rejected. By whom ? Reference to page 409, part first of the Conijre**ionH t ifoim this in iquitous (iilniinistriitum, 0111/ then tee can iln this or 'ln'/ other thing that mm/ bo practicable ' The Uoston ('nurier, in re in remarking upon the proceedings, said : ' Mr. Kendall gives the truo key-note to the democratic music.'" 1 hoy are ready to promise anything for the Union now ; and to doany tiling against it, if they gain the election.— New York I'list. Mr. Fesseuclon'a Policy.* It in now nettled that Mr. FeHsrndnn will run the Treasury on a three year 7 3- 10 Treasury Note, with interest semi-an nually, in currency. These notes the holders can fund into n six percent, gold bearing bond at thccud of three years. With gold at, say 200 as an average for the three years, what are the now out standing gold-bearing bonds worth, as compared with the uew 7 3-10 currency interest notes at par? The notes for the three years will yield 821.i>0 iu Currency for every 8100. The six per cent, gold bonds will yield for the same time 818 in gold, which at •-'OO is 830. Now, as the holdcy of a hundred dollar gold bond is to realize 814. 10, during the three years, more than the holder, of a 7 3-10 currency note, it follows that the Six es of 1881 arc worth 114, and more, as they have earned intcreston; and tho 10- 40s, urawing 815 gold interest during the three years (worth 830 in currency with gold at 200), are worth 108. If gold stands above 200, theso bonds are worth more than we have estimated thom at, but if gold falls below 200, then the bonds are worth as an investment, as compared with the new 7 3-10 notes, loss just in proportion to the decline in gold. With gold at 150, the 10-40s at par are a better investment, and the Sixes of 1881 are Ixsttcr at 105, than the new notes. Gold is now 150. Gold must fall, or the gold-bearing bonds must rise, under the effect of Mr. Fcsscndon's policy.— Thompson's Report er. Vfiy , The Climax.—A clergyman in Wisconsin, one Sunday.informed his bear ers that ho should divico his discourse in to three Parts—the first should be terri ble, the second horrible, and tho third should be terrible horrible. Assuming a dramatic tragic attitude, he exclaimed in a startling, agonizing tone: "What is that I see there ?" Still louder, "what is that I see there?'' Here a little old woman in black cried out, with a shrill treble tone : "It's nothing but my little black dog; he won't bite anybody." A correspondent in Sherman's ar my says: ''An Atlanta papor, of whe li)ti» of Ju ly, found in the pocket of a dead rebel officer, states that the men were dispirited and demoralized at their repeated defeats, and proposed to break up into guerrilla bands. Hood however, told them that their opponents were only a few' '-hun dred day men," and that they would have an easy victory. The result soon showed what a mistake they had made ; and one of them discovering it threw up his gun and was heard to say—"My God! it's those blue star men !" There is not money enough in Spanish treasury to pay the employ* the government whatwasdue them first of August last. Senor Ba' well known to Americans, writ a prolongation, of the present sta' Span ish financial affairs willendan both the institutions and dynastry of . ~ ' m , , Spurn. *ar The folks in St. I • „ . . jousa arc having a lively dance oi terror ; c anacondas, lately "im e , East, escaped from th- P orted ["T had been kept, and * tank in wluch they search, had. at last ' afk ' r a * 5 * ' captured. accounts, not been