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THE DAILY I ; VI KING TELEGRAPH. niTLADELrillA MONDAY, JANUARY 21, 18G7
the kew yor.K ruEs. EDITORIAL OrlNTOXS OF THE LnADiNti J0URSAL3 UPON CUKRKSI TOl'ICS. CCVrltKD KVKI'.T BAY POR tVl'MSO TI-.I.B'IKAI'H. The liCitiiu of the Cilfcls, From the Nation. Xh one tliiutr which wns evi.l:'tit UitoiirIioiiI the war, whatever iiii;'li he doubtful or indis tinct, wns tbe tlc'.ciMiiutit.oii of the Northern people to prosfi ve the I'ni'Ci. There wns a pre at JohI of tlisi'.u.-iaioi) cti nlniopl every other point, but there never was niiy room for Jipoiisston on this. The one UiiiiR which U now plain is that the Northern people are determined that there shall no longer be any such tump ns political inequality on Amcricaa soil, that nil men shall be equal before the law, and that no legal bar rier fhall stand between any man and any of the prizes of life. About the cause of this determi nation and about itd wisdom and about the means u?ed for carrying it out, there may be a pood deal of ' difference ot opinion; about its cxMencc we believe there is none, There are people who say 'hat the ue.sro ought not to he the equal of the white man before the law, and tuere are others who ?ay that it he is it will ruin the country; but tin re are none who deny that the majority are determined to have him so. and the pieater the number ol obstacles thrown in the way ol the ratitication of this desire, the fiercer it seems to burn. It would not be pos sible to point out a single act, either of the feouth or ot tue De.nueiatie party at the Nnri.li, coaimitt'.d since LeeS surrender with tlio view ot Liudeiinir or deiuyiiitr or discrediunir the movement lor equality, which has uot had the ellect of streipfxttieiiui!; and accelerating it. The President clinic out ot the war armed with almost absolute power, and in possession of enormous patronape, and at the head of a party which lour years ot bloody strophe had fami liarized wiih executive usurpation. His defec tion, one would have said, would have scattered his party like sheep. It only made it liercertind more compact. Some of its most rlite:l and in liuen'iiil. members, who had borne ilie heat and burden ot the day, ndlowed hi" e xample, and were i-imply overwhelmed by execrations and dclixiice. 1'he .South bus been emboldened by the countenance of ths President and of the Northern Democrats into charmiriij its attitude from that of a vanquished eneuiv into that of a power treating "n rquul terms, "ami has found, in spite ol the larireuess of the Northern mino rity, that there was even less to hope from rehistaucc than from submission. The trade, the commerce, and the manulactures of the busiest enmniuuity in the world are terribly embarrassed by the prolongation f the politi ral disquietude, and yet no man dares to rai-e his voice in favor of the ?liahtest lowering of the terms of settlement. In fact, hardlv a month in ses that somethins? is not added to make l'a in bitterer and less easy to swallow. The men w ho during the past year have been rising in influence are not the moderate, but the exueiiie men, and the sentiments which are now niost loudly cheered at public meetings are those which suir.uest the most desperate reme dies. In short, after waiting a year and a half for the North to cool, it has only grown hotter and hotter.' Oup-ht not "Conservatives" by this time to be satistied that the measures ihey have been opposing are noc the result of hasty, halt-Hedged impulses, but of a ripened judgment and deter mined wt;.l? If the events of the last eighteen months do not prove this, in the name of coni Biou sense what will prove it? We think that a man needs to bp neither prophet nor sage to feel hatistied now that if the ijouth and the demo cracy persist much longer in their opposition to the policy of the Northern majority, we shall find ourselves thrust violently upon a static of the strutrjle which will be distinctly and unmis takably revolutionary, and over which the uatiou will hardly pass without serious damag? to some of the most valued and still most revered fea tures ot the (ioverniuent. The sicrns of this are no.v so abundant that only a blind man can fail to perceive them, and we chanre those who continue their sen?eless opposition to the popular will with responsibility of all the mischief, be it great or small, which may result from the resort of the majority to extra-leual courses. The South and the Democratic party are led by men who pro- fess to be statemen, 'and who talk aud write as I ii iiicv uau rcuu u a urv. uul iiiev uru hi Tiny n p :mi. i. .. .1 11.:... i ... . 1. ii ' African "rain-makers." There is nothing of which they profess to be so well satistied as of radical unscrupulousness and disregard of con stitutional ooliirations, and yet thev act as if every radical held constitutional obligations to be absolutely sacretl. Fur instance, when they got the Executive on their side, they pawed and ucitrhed fearfully, and shook the second article ot the Constitution in everybody's face, as if the question was now settled. When they tottnd that the radicals were nothing daunted by this, and that they were disposed, it necessary, to cot rid ot Mr. Johnson by impeachment, these same conservatives called the Supreme Court to tneir aid, and havintr got a decision acaint military commissions, they are twirling their thumbs complacently, aud assuring the world that it is all over, and that the radicals must now submit ! and all this in the same breath m which, they j preach upon radical contempt for law. ' Now, if there is any lesson whteh history -teaches clearly, it is that there never has existed, ; and there never is likely to exist, a nation which will allow constitutions or forms of any kind ou paper to stand between it and such a change iu i lis policy as it deems necessary to its safety. I That the popular safety is the highest 1 iw is not a mere saw ot the publicists, it is a truth which 1 every man in a free community has buried iu his heart. There is nothing iu which political j sagacity is better displayed, whether in astates niau or in a party, than in the direction of the signs which ludicate that the nation has reached the point at which it begins to consider whether it will blindly adhere to constitutional forms aud perish, or disregard them and live. The wise politician whether in a monarchy, dinarchy, or democracy is he who knows when re sistance to the poDulur will has cone far enough, and, wheu i he proper niomeut has come, turns his attention to tindiug out the best mode ol carrying it out without vio lating the letter of the law. ' There are a thou sand signs that we have reached this point here, aud that people are fast, thanks to Mr. Johnson and the South, getting n.to a state of mmd in which constitutional forms will count tor very little. One of these, and not the least Impor tant, Is the way in which the recent decision of tue Supreme Court, as well as its dictum, has been received. The Court is made the object of the most violent abuse, aud the agreement of the judues on a point of law ot. uuusual clear ness is denounced unspariugiy as a "judicial conspiracy," and movements are even talked of lor putting the judges on their trial for it. All this is, of course, very wild and ab surd talk; but there is behind it a senti ment which is neither wild nor absurd, and that Is, that the questiou of reconstruction is a question too momentous, too wide in its range, and affecting too vitally the destiny of the nation, to allow of iu being submitted to any court of law or decided upon any technical rules of Interpretation, In other wordB, it is essentially a political question, and political questions nations and uot courts must solve, fio people in the world ever has no people, it is tafe to suy, ever will agree to live in danaer of its own dissolution as a political community, or permit the perpetuation in its Government of principles which it deems immoral or un - sound, because nine judges think it ought to do so. It may be legally properthat it should, but It would be louically and morally absurd. how, political equality, the absence of all distinctions based ou birth or color, haviug been determined upon as the basis of the Na tional Government, and the fixity aud sin cerity of this determination having beou thoroughly tested, the part of true statesman ship is to inaugurate the new regime under constitutional forms, and with n HHl" depart- I ore trom loti'lty as possible. Equality may be j until.' tup bnnib ' our political system iti iper lectly leaal w ay, di.d wrhout dointr any out- j ward diiuiML'e cither t the indepf noV'ilr" ol the S'ntesor to the indcpi ndence ol tne Supreiii" Court. What the South tctrs from the imposi tion ot the new Mile bv Ooi.irress is the estub h LriKiit ofa rrecedeut win .h niipht lea I to tlio , inincsition hcreaiter of various otiier cmidl- 1 Units by a victorious him jnri'V. Hut there is no ' political hnff:o that is not a choice ot evils; no matter w ht.t we do, whether the uiiicii.lineiit be accepted or rejected, whether Impartial sti'fraire , be -i:i hlii-bed or ii"t, tlte majority will still" , rule. The que.-tion is not whetliT it Is to be allow id to rule this has len decided but , wh'dneril .'hall rule in good temper, under i coiist'tntiniinl fortes, and with Its irtditioav.l i-c-ptct lor law s:tll Intact, or rule exa--pereted, alter having been driven t. extreme-', and ff'iccd to lall back on its superior physical force for the defense of its policy. The plan of resistance to the majority w hich the South is now trying has been 'twice tried, and on much the same "founds that is, that it was liiideitiken for the protection of "indefeasible ' riehts" once by the Stuarts and once by the Potirbons. In both ca-es the minority lost part their heads and part their property, and the Constitution was swept away altoeether. Charles I and his adherents, and l,ouis XVI and ' his adherents, were determined to "save their ' honor," and "to hold firm t the outlet;" "not to let in the narrow end of the wedge;" "to show the woihi of w hat stuff Veiilleineit' wet e . made;" "to live the right? of the nioiiarchv ;" "10 save the nat'ou from a parcel ot fanatics:" just as Ihe equally crazy "Conservatives'1 in this ! countiy now are and the result was that tiie majority at lust tost temper and made short j work of them and tneir rights. All the-e are ti ings which most people as yet ' shrink from saying, although they are present to the minds ol nine out ot ten ot the intelli gent men of the community. The lookout is : not a pleasant one. It is rendered every day fiuikcr and datker by such performances as the ' Democratic Convention at Hartford, and tlio steady and almost asinine stupidity with which ' the Sbutheru Legislatures to on manufacturing their cheap defiance. There is no more danger that these people will have their own wav in the matter of reconstruction, than there is that , the United States will be annexed to Canada and pass again under the British crown; but ! there is danger that they may continue their opposition long enough to lead to the smashing up of soni" of the paper deienses behind which they are now hiding their loolifh head.-. The Itrfrnrtory Southern Stntrx, Con gress nuil the Al mlulxtrnllou. From the Herald. President Johnson's Southern policy has turned out a failure, pro'it'.ess to the otttli, and disastrous to his administration. He began well cuoi gh, in taking the ground that his measures ot reconstruction, in the absence of Congress, were merely provisional, "and sub ject to the approval or 'rejection ot Congress; but directly after his annual message of De cember, 18(ifl, he boldly liivirged to the other road, which ha resulted in the ruin of hi- for tunes. He was, perhaps, dazzled an i deluded by the idea of becoming the founder of a new party, ami, lik- Jack-on, the head of a new dynasty, m re-establishing the old political balance ol power held by the South on the nucleus ot the floating elements of the North op posed to the dominant party in Congress. In this conception, however, he eai.inated too liabtly the issues of the war and the public sentiment of the North developed by a great revolution, and counted too much on the force ot those old political associations and dogmas, North and South, which tne war had destroyed. His tatal mistake was tut t;ll.ic that, excepting slavery and the costs of their Lebetliou, the lit bel Slates, in laicg down tneir arn.s, were rein stated in their constitutional rights in "the Union as it was" betore the war. it was generally expected that the astound ing popular majorilie- iu favor of Congress cast by the loyal States, from the A'latuic to the Pacific Ocean, in the elections ol last fall, on the issue joined between Congress and the President, would bring to Mr. .!oiinuon to a graceful sub mission to' the will of the people. A satisfac tory approach in this direction was antici pated in his last annual message; but his niessare. as it Inspired by unexpected rein forcements, only expressed his increased faith in his rejected policy. This placed him in the position o the champion of the refractory ruling politicians of the Jtcbel States an t their Northern copperhead: allies against me loyal States, their representatives iii Conaress, aud their policy a3 embodied in the pending Const i- tntumtil inni.iu niAiil mill mniHhii-ii'n 111 oil Mm iu all the iunvu. iiiii..xiiv-u. late Northern elections. Xext, in the emphatic and defiant tone in which this amendment is rejected by tiie outside States, lrom Texas nil : the way up to Virginia, it is manifest nut only t that they have gicat confidence in the final sue- ; cess ot President Johnson, hut that there is a sort ol league or understanding among them en rapport with the Administration. What cau this understanding or this general expectation be? We inter from the late decisions of the Supreme Court, and from the hints thrown out by some ot our Southern ex- ' changes, that the ruling Southern politicians , rely upon 6ome further decisions from this Court which will amount to the complete up- . settiDg of the pending amendment aud the ; theory that the excluded States are not, as they fctand, restored to all their rights as members ' of the Union. Und"r such eucourasetuents to i adhere to the Executive, it is not surprising that the Rebel States should stand upou their dignity and their reserved ritrhts under the Constitution as expounded by Calhoun and put into practice at fort Sumter. If the Supreme Court, then, shall next decide, in deciding the Alabama appeal case now belore it, touching the status of Alabama, that she is a State of the Uniou, entitled to all the rights of a member in lull communion, and i: President Johnson shall accordingly proclaim this decision a iaw ot the laud, ovemdiug the laws of Congress, and shall proceed to execute it in fulfilment of his oath of olfice, what can Congress do? We cannot answer; but as to what President Johnson is expected to do by over-contident and uureeou strucbd Southern Rebels we have perhaps an answer fiom Kentucky. We refer to the suegestive telegram published on Friday I'mm fcranktort, stating that in the Kentucky Slate Senate, on the 17th instant, Mr, Helm "made a loim speech in favor of a propo-ition to raise ten regiments of Kentucky infantry for the purpose of resistintr all aggres sions aud to maintain the pr'ncioles of State rights." State ritrhts ! The old story of South Carolina. And this "Kentucky Senator desired that these troops should at any time bo subject to the call ol the President ol the United States." No, when it is remembered that the Governor of Kentucky threw back into his face the first call ot President Lincoln tor a few regiments of troops to assist in puitius down a rebellion strikinu' for a Southern couiederacy, ana loos ing at Kentucky neutrality during the war and at the Kentucky Legislature since tho return of peace, we cau uudeisUud this State rights pro position. It is a movement to put Kentucky in the vanauard of auotlier tieht for a Southern Confederacy, or tor "the Union as it was.1 State rights, slavery, Ured Scott decision, and all. This skeleton outline of the Southern situation and its Northern affiliations we believe is not overdrawn. It is apparent, then, that Concress, charged by the loyal States with the enforce ment of their ulf matum to the South, must pro ceed to de6isive measures, or that the fruits ot the war, like the beautiful upples ot the Dead Sea, may turn to ashes upon our lips. Can any one suppose, then, that the movement for Presi dent Johnson's Impeachment will uot be carried through? No. The Republican party, all powerful In Congress and iu the loyal States, will remove President Johnson iu order to reach those States. His scheme of re-establishing the Northern Democracy on their old Southern balance of power was started too soon. With the restoration of the South on the ultimatum of the North.the mission of the Republican party will be fulfilled. This party will then be broken up, and a scrub race iu 1872, like that ot 1824, will probably mark the first step to a reorganl- at ion of parties. Meniitimc the pnt in no'ver u ill (cler .,te no stuinhlinc-blocks w hich it has constitutional at.thoritv to remove. What It ( oil) to PublUH n I-vicr- trom tht Tribuni. Believing that it will inteict the renders of The 'jrihvve to know what it costs to p-. lilidi it we print the following figures, which are trans scril ed from our book.: M fcll-TS OF 1HK "TBintINK' KROM HUHSCHIPTION, PAI.ES and advertising, iRr.r.. Vpi:khituhkh. rrlnlnpr Pnppr.. J35 m6 frlntltiB IWr. . etlH 1W82 lr.M.n.en, lie- Vrummun, Ht- (iiiirliiu rriHACs. htc 31.2-VVm! Ktc HAT UK 1 I hMH. I,k . ...... 800(1 46 31S-I.8 t)2f AH inn lUlue and Mo- tiw ami o lnfseB, lor Eol 1 1 rs Coiipofttor tentorial Ex penned. rurrospoudcco. News by leb naph Hartior Now.... lullmiilim Ot liep, SiilMrtes,. AdvertiKliig AiiiIIIhk, eunt Imk. unit I ack Inu Papcm FoMityo ruitiiif' and Sta-ttoiK-rv Ml! Saitn U. M. Tax on Ad vertising Re ceipt (Ins UIit Kxpenite accou t, fuel tiillD ii I hitrliiiig, Gaa Fixtures, Car penter work Etc., Ktc lnftfteH uir K nl- l.TH 04107 86,BU:1 14 R1.77' 40 49,U0'57 1.77!0t l,lVi 94 22 S41 W 17,21il-07 73 WJ 71't'omposltorn .... Kdiiurlal Kx- SI.SM-flnl penoes 4 l,U73-JO Correspondence . . Kcwa lj Xele- 22 044 701 Kraih.. l,Bi5- Ha bor Now... rut) IhIiIiik Ol fice, sa arlos. AdvertlelnK.... .Mai, liii. ( omit- 10 720 7i 7,st) 18 , iiik. and rck- OSS-HO Iiik !'nperx 6,l84!l foiiKie l'rintinK mid Kta- 2,40310 1 tion.rv tl jl.lbcl Sulla O. s Tun on Ad vertising Ke- R.370 45 colptu,. 6 (li7 15 C.as Light Kxpotmcaceou t, ! I n c Iu din k Plumtiiiii;, Has Flxrurog Oat 1 penter work, 10,371 48 Eic. Ktc tlonitlon to as nns r.o 11 ivlJ4 6,1 WOO H7 tiS 10.0S2 19 6,s(ii-,',l IS, BIO 57 Total Rb4i),107 10 .Frecdmcns lit celptssvcrex- ,id I'nton peiiten $170 4980 Donation to I.UCO-PO in ton state Committee.... Donation to l'nrilond Sullen-rit 1,000 00 250-00 Total 15S39 Receipts over expenditures.. These fin tires show a larsre nrolit ou the busi ness of 18(15, and but a small profit in 18(iG. Out of 500y,417vsy in IStIC, the proprietors ot this journal received only S24,2'!)T)0 the reriduo Uavins been expended for the beneiit ot our riadeiand adver.isers. During the year the size ot the Iribuve vtus increased nearly one quarttr, and in the four items of editorial, cor rvpoiidei ei , telccrajihinsr, and eouino.-i'iou we spent. S.-8,lil(;,;:2 more than in 180;). The.-c ex penditures have been borne by the proprietors ot the Jriliuite without additional cost to our subsciibers, our rpadeis and advertisers receiv ing the lull benefit. On some items the expenses of the jeur 18ti(i were unusually heavy. We pi'PMiine' that the election campuigu of last summer and a ttumn cost this concern S2-",u()0 iu additii u to the ordinary expenses ot publica tion. It was nu important election, ami no labor ai.,1 no expense were spared by the Tri bune in doing its bhtire towards ciilitrh tcninc and coiu inciug voU-r. Our aggregate circula tion was increased i'nri.v-one ihou.-and copies ntirin tr the year (iiurina ami for the campaign the traii'-kiit increase reached over otl.OUOj and our mlvert:sii.p leccincs Increased liom ?nol.!iC(j-17 in 13(15 to Sa5!t,240-fii) in 18(1(1; in the month ol December last r aching ,-iH,78tC7:i. Accepting tuese figures as evidence of the public appreciation of the Tribvne, we shall aim to make it still more deserving the good-will of our ii lends. As the Irihuve owns its real estate, nothing was paid tor rent, noi Lave we included in the statements of receipts our income from rents, United S ates stocks. Tribune Altnsnnc. etc. etc., our aim beintr merely to show to our readeis w hat it co?ts to carry on a larire newspaper establishment. To enable us to meet the in creased demand for the Trilmnc, and to place us beyond the fear ot disabling aeoideuts to our maciinprv, we have ordered a third Hoe Light ning P?e-s, and two new and larger enains and boilers, having deepened our basement and vitttlislo receive them. Sprcinl Interests IJeforc Congress. From the Times The class that look to Jupiter for deliverance from difficulties which their own sagacious energy should surmount, outlived -Esop. The only difference is that nowadays they trust to the tiiiiveisal eflicacy ot legislation, and pray lor it with a singular indidcrence to the con venicnee or w ishes of their neighbors. This is the case with the signers of the stereotyped peti tions in favor of an intlated currency, and the persistent lobbyists inb.half of a prohibitory tariff. Eoth separate their apparent and pecu liar intercuts from the general interest which should f.0Teinthe course of lepislal ion. Both rely upon Congress to su-pend laws that are superior to letrishition, and by a couple of enact ments bnug back prosperity. The well are of the whole people demands a gradual but positive contract ton of the cur rency. While the war lasted, they tolerated the mischief of inflation with a patience betitting iheir other sacrifices. Regarding it as one of the neees.-ary concomitants of the struggle in which the nation was eugaared, they submitted without a murmur to a" remorseless rise iu prices, and tne hardships which followed iu its train. They were content to sutler the penalties of an era iu which speculation usurped dominion overtrade, aud the fluctuations ot business re flected the vicissitddes of the battle-field. Nor was the evil altogether devoid of compensation. It their outlay was greater, their income was also increased, if they paid more lor everything they consumed, their own labor brought "to them a laiper return. The proportion of the two forms ofincteaie was never more than proximately just; they were neither concurrent as to time nor efltial as to amount, but the double move ment son ewhat mitigated the hardship, and partially reconciled the multitude to its en durance. With ihe return of peace the excuses for infla tion end. It is no lonirer justified by the exi gencies cf the Government, or palliated by the presence of a seemingly boundless prosperity. The demands of legitimate trade are smaller than they were, and the large margin of nueiu ployed currency is available tor speculation. Prices are artificially kept up; the ifuctuatious lucident to speculation prevent the adjustment of relations between the prices of labor and commodities; and the return to a healthy con dition of allatrs is indefinitely postponed. Hie only available remedy for this phase of the trouble iies In the reduction of the currency, it should not be sweeping or spasmodic; and being neither, It need not be ruiuously disas trous. But the policy ol contraction should bo nxed in a manner fatal to hopes of reversal. The le.-umption of specie payments should be the declared purpose of Congress that specula tors may have timely warning, aud that the currents of trade may steadily approach their natural flow. r on similar grounds, it is impossible to heed the clamor of certain manufacturers tor prohibi tory duties without doiug violence to the gene ral welfare. Ihe years ot the war were years of unprecedented prosperity to the manufacturers who are now loudest In their cries tor lioavler duties. Iheir profits were notoriously exces sive. They accumulated fortunes. They enlarged the lacihties and range of their business. All they produced they sold at prices which well nigh broke the back of the patient, lorni suf fering community. The people tolerated the high prices because the Government required every gold dollar that could be collected lrom customs' duf.es, and because they believed that the buiden would not continue beyond the war. A certain prosperity, too, prevented a very close sciutiny of profits or a very strict estimate of the ratio of increased prices to taxation and labor. But the check to manufacturing activity which has followed the disappearance of the all absorbing consumer, the Government, does not conttltute a reason for leirhdatlmr money into me purses or mauufaetuiers. They have enjoyed i u ninndng run ot pood luck, and shotihl be willmfT now to share the dtscoinf.irts tt depression. They hud the double advantage of piotective duties 'atid a limitless demand, and should in w share with lortitude the embarrass ment" which others have borne from the begin ning of Hie w pr. Ihe handsoma proli's of the past ou: hi to be remembeied iu abatement of the losses of the present. Aud when CongCHS is a ke.l to enact a tarifl wlili especial refer ence to the cniii hr.tent of a few manufacturers, it cannot, without moral citiuiuatilv, forget the jet stronger claims of tne great ' body of the people. wlif'H' prajer is not for the protection v, Inch means hipb prices and hieh protils, but for lirotcctiou agaiiut the prohibitionists. There is, indeed, an inexplicable unwllling- nesf on the part ot tho friends ot an iniiaie-1 currency and the petitioners for prohibitory fai ills to ri cognize the results that must fol'ow the tpimiunlion of the war. They would have tlitnes go on I ore vi r eractly as tliev went dur ing ihe excitement of the conflict. They refuse to see that much of the material activity was abnormal, and that the activity born of specula tion was in the nature of things more or less fictitious. They will not admit that with the return of peace must come a readjustment of finance, Industry, and business, to a degree called for by the altered circumstances of the country, thoughtful, intelligent men, one might think, would appreciate the siirnilicance of the chance, and realize the folly of attempt ing to art est it by nets of Congress. Prudent men might be expected, moreover, to prepare lor the levulsicii, and thus strip it of its ter rors, in.-tead of thonting to the Congressional Jupiter lor assistance he cannot render. For a lettii-alto push forward the contraction of the cuireiicy may postpone speculative disaster, but will assuredly intensify its perils and en large the sp here ot its eilect. Aud though the enactment ot prohibitory duties may tempora rily atign cut the prod's el the few, it will so cripple and Injure the many that the benefit obtained by the manufacturers will be rather appaicnt than real. The expediency of justice could not be more oppoitunely pressed upon Congress than now. Tin re is neither wisuom nor equity in the cry for legislation with the view of satisfying anil benefiting special interest.!. Such legislation will be illusory, if attempted, and will ulti mately produce a reaction from which these special interests will be the first to suffer. The General public may be less demonstra tive than the principals of the lobby, but they have rights which Congress ought not to over look, and interests which no majority cau afford to neglect. They cail for a reduction in prices, which means' a steady march iu the direction of hard monev, aiitMor fair play in the midst of difli culties: which means a rejection of schemes tending to aggrandize special at the cost of general iinerci-ts. Instead of higher turitl's, they ask lor reduced taxation to the extent of the hundred millions which Mr. Wells has shown to be annually available. By providing for this lessening of the burden, in conjunction with a coi traction policy. Congress will do more to promote the generul weal than by the most iuecnious attempt to bolster no particular manu facturers. In the one case the many will be sacrificed; in the other, the few will share the relied winch all will experience. That is the oitl'f rence between monopoly and justice. SHIRTS, FURNISHING GOODS, &6 J W. SCOTT & CO, SKIHT MANUFACTURERS, AND DEALERS IN M EN'S FU UN ISHINO GOODB Ho. 814 CHI.SK UT Street, i'OUR DOOKSi bKLOW THE "COSTlNENTAli, SUTtirp PHILADELPHIA. p A T L K" T SJ lOULDEH-SEAM SlllUT MANUFACTORY AMD GKNTLIOIKN'8 FUUXISIIIKQ STOKE. FEKFZCT HTTIKO 811UM8 AN1 DBA Willi '.mule trtui n.cusurenirnt at Mry abort notice. All ctlit'i iiiticltsot UTl.tilioSl B iM,KSvS UOODS in lull variety VVIJN;JU KNTIf.R & CO., Ill K. 7C6 CHEHJiUT 8ircet WHISKY, BRAWDVTWINE, ETCT JTrcm tiie Vineyards of Sonoma, Los Aiijjelos, and "Wapa Counties, California, consijt ing of the following : WINE MTTKK8, Aii.tLH A, tllKUKV. lllHK. AlUfcCATt L. CATAWBA, CLAKET, 10 T, B HANDY.! CHAJiHAONE. Thetc WIKEB nre warranted to be the pure juice Ci tiie l rnie, uiisurimPitU by any Iu tlieniarket. ana are b iLij rcci u u.eiuleit lor Medicinal uuil iauiily purpose. rUK SALE iiYj C. L. CAUFFMAN, AGENT, No. til Nortli FOIKTI1 Street 1 3 tl.ntuiui l'HlLADEU'UlA QliEAT REVOLUTION IN TUG AViNL 1KADE OF TIIE UNITED STATES Pure California Champagne, aite and prepared as It done In France, troui p CuUiornla Wine, and taklra tbe place of Impo Champagne. The undersigned would call tbe attention o. Wi I'ealers Mid Hotel Keepers to the JbltowJng letter, blelin.uj' fclvea Correct idea of the quality ot tbe Wine "C'omim'.ktai. Hotel, I'bilaueli iiia, Oct. 25, 1866. "JlEBblis. liOttlifcK A CO. ! 't.eiiiu u,i-u : Havinii nlveu j our California Cham pafcue a tlioiouth tent ue tale uieasure In bu.v'iik tlia we think it the bi at American Wine we have ever usod We bht-11 at once place it ou oui till! ol lure. "Y ouii. truly. J. E. K1NGSLET A CO. ' CALL and THY OVK CAL1 OUH1A CHAMPAGNE BOUCHER & CO., 11 21' tuthi-3ni Ho. 3o DEY Street, New York. A. JUVKK, Albert. 7W KANSOM Su. Philadelphia. JpRKDERlCK UALTZ & CO 'S TIRST IMP0BTATI0N 40 GALLON PACKAGES GIN. Just arrived and in bond, SO Packages 40 Gall E CKLSIOR 811 EDAM GIN, which we are now the lowest figure. We claim to bo the FIRST IMPORTERS OF T0RTY GALLON PACKAGES BHKKUY AND FOKT WISE, fole Agents also lor KIV1EKS GAEDUAT C COGNAC. No. 110 WALNUT Street, , 12 im PHILADELPHIA. Unadultkkated l i q u o ii a only ItHIHAKU PENISTAN h bTOIih; AND VAULTS, No. i) OliKSNUT HTltKET Wearly Onpoxlta the Post Gffic PHILADELPHIA. , Fnmltienppl'ed Oreirs lrom the Country prcmntly a t tpn-ifittn tlj -IUKIJAN'8 CfcLUliKATKD TONIC ALB. ff i his truly healthful aud nutritious beverage, now in cue by thounaudB Invalids aud others baa etab lihhed a iharncter lor quality ol material and purity ol niauu'actuie which stands unrivalled. It U recoin meuued by physicians ol thia and other places a. a fcupe ricrioKie aud requires but a trial to convince the must tkCDtlcal ot Its uieat u erlt To oe had, who ea e and retail, ol P. J.J OhDAN.tf it l'LAUBtreet. iH1 FINANCIAL. 7 3-lOs, ALL' SERIES CONVI KTI D INTO 5-20s of 18C5, Januarv and Jul v, WITHOUT CHARGE. B0ND3 DELIVERED ;iMMEDIATELT. DE HAVErJ&BROTKER, W8W So. 40 SMITH THIRD St. "yiLLIAM PAINTER & CO., BANKERS; No. 30 South THIRD St. JINK, Jl'LV, and ACGUST 7-30s CONVERTED INTO FIVE-TWENTIES And tbe Difference in Karkat Price Allowed. BONDS M.UVEHI.D IMMEDIATELY. 12 26 3m Beatrix nt fiL &. gfacztliLieA riKtl 7'oJ.al an. rrlLanijc, ami tnctniizU. af! gfiacfc ami ZahL jfLnrsLiuiii, a.fi Zxudzb. and .unJcctx leccLLted cjl Lu.te.Lal tclinA. 1)AYIES BliOTHURS, No. 225 1I0CX Street, LANKEKS AND BROKERS! 1UI AND SELL LNITF.D STATE'S BONDS, ALL I88CES AL'GLWT, Jt'NE, and JULY 7 3-10 NOTES. COMPOUND INTE1U.8T NOTKS. ALGLST 7 10 NOXfcH CONVEKTED INTO NEW S-tiOBO DA. Mercantile Paper and Loans on Collateials negotiated fiock houuhtand gold on Commission. 131 c R U L 11. Ot EICE LEHIGH VALLEY RAILKO AD COMPANY, A' u . ii. ' ' .i . . ... v. . i , PiiiLAnELt'iiiA, tanuary, 161. Tho stockholders of tliis Coiiipuuv are hereby notified that they are entitled to subnet ihe at par, tor one thure or new stock tor each live shares ol stockstand iiiK in their rct,iective nnnies on the books ol the Com pany on the lir.st duy ol January, 1hi7, to be paid aa ioiIowk : 'i cn doliarii per Hhare at tbe time ot'ul Bcrihinfi which niust be on or before the til'teenth y oi February nt-xt and ten dollars per share on or heiore the hltecnth davuot April, July, and (Jcobor, 1K.7. anu Jnnutuy. Pan. iiiBifllnienta will not be allowed Interest nor dlvl (U nu until converted into stock, which, when all the InBialu.euts are paid, may he done by preteutation at HiIh oilice on r.nd alter tiie fliieeuth day oi January, lHiid. 'I bote Mockliohlcr." who tail to auliscnhe witliin the time mentioned, or iieulcct to par the several Instal ments at er belore the time they severally tad due, w ill lone their rli-ht to ihe new stock. Stockholders who have less than five shares or who have iructious O' Are shaics, may, at tbe time ol sun scrililtiK pay for a proportiona e part of a share, tor Thlcli scrip will beimuud: which scrip, alter the fif teenth oav of January, 1HG8, may be converted into stick when presented at this office in sums of titty dollars; but tbe s. rip will not be entitled to intorostor dividend until after conversion ln:o stock. L. CHAJhBEKLAIN. 1 iritutbnl2t Treasurer. COAL. fJB V. PATRICK & CO., NO. S04 N. ISROAD ST., DEALERS IN LEHIGH AND SCHUYLKILL COAL HAZLET0N, MAHAN0Y, EAGLE VEIN, AND RE-BROXEff BT0VE, Alw i t on hand, tinder cover, and freefrom DIKT and 8 LATE. 825smwtiin COAL! COAL! COAL! J. A. WILSON'S (Successor to W. L. Foulk,) I.KIIIUII AND fsCIll'VMCICL, FAMILY COAL YAED, No. 1517 CALL0WHILL St., PhUa. Attention Is called to mv HONEY BltOOK LEHIGH and liE-1'.UOKEN SCli L YLKILL, both tup tilciaild unsu i passed Coal. t Coal and Preparattons best In the city 6m FIRE AND BURGLAR PROOF SAFES EVANS & WATSON MAKCEACTUBEB3 OF FIRE AND BURGLAR-PROOF SAFES EESIG.NED FOS Btmlt, Her cam tile, or Dwlllaglloiaa D EstabUsbed Over 5 Teari. Over 24,000 Safet In Use. The only Safei with Izuride Door. Hever Lose their Fire-Proof Qtulity Guaranteed free from Dampaiwi. Sold at Price Lower than otier maketi No. 811 C11ESNUT Street. PUlLAL'ELPHiA. WATCHES, JEWtlRY ETC w i'- i ii rniui tin n W ATI lK. JKWH.KY HIM Kit WARP.. Jl s7TATCliE3 andEWELSY KEP AIRED, S02 Chett.tint St.Pnil-. - Hill , , - -- CHRISTMAS HOLIDAY AND IiHIlAIi PUE8ENT8. Have on liand a large and beautiful apsortn rot W stehes .lewelrj, and Ml ver are, suitable f Curt di Uolldav and bridal Prescnu Particular attention solicited to oar large assortma of Diaviouds and Watches, Gold Chains tor ladles' a gentle d.cu'i wear. Also, Sleeve Muttons Studs, au Seal Itttigs, in great variotv, all of the newe tstrloa. FANCY SILVEll.WAKE, ESPECIALLY SUITED FOB BRIDAL G1FT9. We are daf'y rerelvinK nw Roods, selected eDroI;4 ior i ne nonuav sales, our prices will lie louna an lo tl pot loner, tliau tiie same quality can be purchaeO e 1 s where 1 u. cha-rrs Invited to call l'lamcmtti and all precious ftones, iTjc old Gold anil oi ver, purclisHid or teren in exchangn. M54p iSLS ... tKiii VV. VV. CJASKI1JY. 1 1 ' No. V SOITII SECOND STREET lEETl Ofcra an entiicly uetr and most carefully sclectc.'t stock ot IAMERICAN AND GEKLVA WATCHES, JEWELRY, SILVERWARE, and FANCY ARTICLES OF EVEUY DESCRIPTION, suitable fo EKIDAL, OK HOLIDAY PIIKSENTS. An examination will show my stock to be u sul parsed bi quality and cheapness. n Particular attention paid to repairing. 10 ISOIMIAK & LE0NACD. WACFACTUltER3 OF - AND WHOLESALE AND BET AIL DEAIXS IN EIIut aa SHvcr-riatcd Goods, No 704 ARCH STREET, PHILADELPHIA. l'hose fn want ot SILVER or SILVER-PLATED W'AKi-. Will tiUd It nilK'h tO tllPlr mlvntituno n rl.'r cuiN'iOlO beiore making their .purcliarfx. Oar long c . pern rre in tiie niHiiuiiictnre the ubovo kinds u. Hi (In elibbli us to QUIT celniieiltlim W e kiep no ooorts I ut those which ere of the FIRST! C i.Ab-s, all .1 iur own make, and wil be sold at reduce 1 prices. j 26j 1 TfTF Lai ge and small; sizes, playing lrom 2 to 12atrs,aud costing from 6to 300. Our assortment comprises auo choice melodies as "Home, H wee t Home "The Last Rose of Bummer. 'Auld Lang Syne. ' 'f tar Spangled Banner." 'My Old Kentucky Home,"ctc. etc Besides beautliulcelecifons from the various Opera. Imported direct, and for sale at moderate prices, by FARR & BROTHER, Importers o Watches etc., II lltmtun Ko. 324 CHEbKt'T St., below Fourtli. SILVER-WARE FOB Bill DAL PRESENTS. G. RUSSELL & CO., No. 93 North SIXTH St., Invite attention to tlielr Choice Stock ot JlOLID SILVER WARE, suitable lor CURISTil As and BRIDAL PKE6ENTS. t()il6 L HE SHY II AR P E R, lo. GSiO AKCII Street, Slauumc'.uror and Dealer In Watches, Kine Jfvrelry, Silver-Plated Ware, AND 81 Solid Silver-Ware. RICH JEWELRY. JOHN BRENNAN,' DEALER IN DIAMONDS, FINE WATCHES, JEWELS Y, Etc. Etc. Rtc. 9213 13 S. EIGHTH ST., PI1ILADA, ROOFING. B-'Vo l J.W9V. WOOFS, FLAT OR F? J.U'V !'i 1MJ ( LOTH, and coated with U(11D ll'I A l'.KCHA I'AIAT, making them perlectly water-proof. JLH.AK1T (ill AVKL HOOFS repaired with Outta Percha Taint, and warranted lor five Tears. I.KAKt MiATE IttlOl'S coated with Liquid Guita Ptrcha Paint, which becomes as hard as slate. For TIM, COPPUIt, ZINU, aud IKON ItOOKS this Paint Is the n? plus ultra of ail other pro tection. It lorms a perfeolv ImpeiTious oover'nii com plete. r T fait" a the acilon of the weaiber, aud consti tutes at thorough protection aualnnt leaks by rust or otherw ise. Price ouly irom one to two cents pe rwjuare toot. 'I I "V and GRAVEL ROOFIA'G done at tha shortest notice. Material c- nstantly an hand and for sale by the mammoth uoofixu company. HECK1.Es!I t K V ! It ETT, 12 21 6m No. ;t4 UKEKN Street 11 eiJI.VGLE BOOFStFLAT OK STEEP) COVERED VllD JOH '- EKtiLlHH KUOtlhii CLOTH. Anu coiled with LIQUID UU1 1 A rEKIA PAINT making them petiectiy water proof . LEAKY OKaVKL hOOErt rei.alrd wiih Ctitta I'ercha Taint andlwarranied tir ve ySi r 1 . K A K Y S LA 'I K ItOUKU cn.tejt with Ihmld which becomes as bard as slate. US.UOPPKK ZlNi:, orl HO cwlli'l-iw ''ohaat small ex pense Cost ranufnu irom oae to twoceuU per square hot Old Board or Milniile Koofn ten cents per square foot all cnin'etc ftiaterinls conHtantly on hand an iil'or sMe by tl a PHILAPt Ll'lllA AN1 TV.N -HYLVA W1A KOOVlNOt OUPAKY.. ,r GKOHGK HOKABT. jlSain Ko. 230Korth EQUKTliHt UNITED STATES REVENUE STAMPS. Principal Depot, No. 301 ( II E4NUT 1-treeU Central Depot No. It i 8 F IF'l II Street, one duor below C'hesnut ExtablUhed -hvl. Revenue Staiuos ot every description conjtait y on band, lu any amount On'eis by Mail ts promptly attended to.