Evansville Journal, Volume 18, Evansville, Vanderburgh County, 11 October 1867 — Page 2

0

T H E KV ANS V I LLE DAILYrJOUyAI FRIDAY. OCTOBER 111867

I

it 1

OUR JiATIOJTAL I1SAXCKS.

letter from General Butler. To the Editor of the Tribune. Sir A -friend -Las sent-me 'a slip of your weekly, containing the Tribuni't reply to my letter "0'n the subject of national finances. ; . - - t My high" respect for the ditor, the paper and ita readers, prompts me to a rejoinder, which may contain a little more clparly. the exact, statement, of - the auestion atissite'betvreen'ns. My most earnest desire is, that the' government snail. luiiyT nonesiny ana exaetly meet every one of its obliga-, tions, according; tor: -the? -exact and: equitable condition of ver? contract ; it has made with its creditors. I; would advocate nothing short of this, and justice and good faith require; notbiner mora.' "2 I "3? I . I asserted that the 5-20 bonds were payable as , to their . principal in cur-j rency, and not iugold.. This the Tribune denies, an J insists that they are, payable ia gold.". ".".' !''., I The whole question is, what was the contract between the Govern trie ut-and, its creditors? ' i - .- '.Vi.'i.-i '. The first $50,000,000 loary of Arj4 gust, 1861, was issued at 7-30 intere9t, principal and Interest payable in goldj was so taken and so paid. When the 5-20 loan was passed,5 it cstablishedj the interest at six per cent., payable in gold, but said nothing as to thef currency in which thef principal waf to be paid.' " ; ; t.i. jJU I When the 5-20 loan . was before Congress, Judge Spalding, of Ohio,' asked Mr; Stevens, Chairman iof the' Committee on Appropriations, whii reported it, if the principal of thesq bonds was payable id gold, as well a the interest? To which Mr. St.ivenS replied that the principal was nof payable in gold. j At the same session, when the firs 5-20 loan bill was passed, the legal-j tender act Was also passed," providing for the issue of -what are nw knowq asf greenbacks.1' It was therein pro vided, and so printed on the back of evpry note, that it is a legal tender fo$ evjery debt public or private, except duties on imports and the interest oq the public 'debt. . If it .was not to be received for principal of the public debt, why except the interest? j Besides, the act made it receivable by the United Stated for all its loani and especially convertible into ,5-20 bonds: - ..t..j Again, in the following CoiigreW, while a portion of the 5-20 loan , was yet untaken, another 10-40 lpan ' wa authorized, at 5 per cent, iuterest; both principal and interest of which, by the terms of the act were . made payable in gold. . t . Now, if it was the ,contract,of..the Government that the 0 per cenU-i-2U-bonds were, interest and -principal, payable in gold, although" directly the contrary was stated on their face, why was it that, the Government offered a 10-40 loan at 5 per Cent., interest and principal both payable in gold? iln, other words, how Jcould theGcJv ernment expect the 5 per cent, gofdi payable and gold-bearing loan to be taken up, when it had the 6 per cent.

i gold-payable and gold-bearing loan still before the country? '; : i You say that the Tribune was i . "largely, zealously instrumental, at ' the request of - the Government,i through its agents, in pursuading the I people to let the Government have I v their money for these bonds. We assured them, day . after day, that'every one, would be .paid, ia, lull in .coiu, principal and interest.' V : t I Now, the 10-.1Q- loan was put upon the market by Jjiy Cooke, as the agent '. of tEe Treasury, and if you will "con1 suit the files of the Tribune contain- ! ing the - advertisement of that - loan, you will find that Jay Cooke adverr 1 tiao.l tho IfL-ift. loan act flirt nnl" Irian

of the Government, the 'principal "and ;

3 est ui vtiiivu nun djcuic iu joiu. .A I have not Been, that advertisement in the Tribune, butj it was so adveri tised; and I assume Jay Cooke' took Y advantage of savaluable a medium of adyextiingjasour paper, tgrjaiake J f known that important fact of the de-l sirablility of the 10-40 Joan. ap..he.cei-; r ! tainly uid so advertise in other papers. ' Yon-further say V General Butler uttered no word of dissent then," t. c.,1 when the loan "was upon the market. True, because 'I there was 'ho? aeeasion. .And still another, and -perhaps equally available answer--General Butler at that time had other public interests in another branch of the service ;ta .contemplate anila try to serve. Again You do not deny that this . 5-20 loan, in whatever i$ is payabjevs , s now due at the option of the United ' States. That is, the five yearaxhaye' passed at the end of which, by their terms, the United States, government has the right to pay them to-day, in' i. whatever currency the xsontraofe ealls for, whether gold or paper." ' i f If these bonds are payable in gold i ; why are they selling at from 108 to ? ' 112 in currency, when gold is worth !: from 14o to 145? ! 1 , If the United .States should pow k t .' fcibbW toi exercise iu t rightr ;t Ay

tnem wnicn wouia seem to De wise, as .they are. untaxable, so that, their interest is, Tn fact, from one to" three per cent, higher than six per cent, to the holder in that - caser why Ehould the Government be called upon to repay them in gold or its equivalent in - currency. sayj.43 whejnanybodjj!lse can buy them at 112? . - Why should the tax-payers be called upon to pay the holder from thirty

to torty per cent, more xn. order Iti.re- . deem these bonds thanyas they now ! , tsVj have the right to do, the capitaliet ., is ' ' ggSggjnow willing to sell them for -to eome-

Assuming that no man. can doubt,

in view ortne iegisianuu ui vuugicss, and the wordsofjthe contract, that thee bonds are payable ju currency, mv new proposition is, that the I ) Hited Stole shall isHUftJt,.E6wUojA. upon such terms as sound finance shaU show to be -raosadvantageous.' and with the proceeds pay its 5-20 creditors, and thus reduce the rate of mfere-r, while at the same time it keep-j exact faith in its contracts. I a in unable to see that this is '' a dodge," or f ' repudiatioB,V f 'jwbjehi i a longer 'synonym "for ' rascaFity;"'to anything "irreconcilable with common honesty." "These be hard words, my piasters.'!. As. I do not think they ' add anything? td the strength of the Tribune' argument uDon a lezal Question relating to finance, I certainly can neither reply to nOr teturn them. TF ; I only propose' to reply t5 thepe-'' cific argum nt of the lrwune, and, therefore, refrain from discussing any of the collateral branches of this subject. . ? ;J. .') : May I ask as the question is one of great moment to the country you iu justice and fairness to give this lettersthe;same conspicuou3insertiou in the daily, weekly, semi-weekly Tribune which you gave the attack? i "Common honesty" would seem to requive this. Very truly yours, i B. F. Butler. i.ijly or MrGrly-ryen. Butler on Finance. We print herewith a letter from Gen. Benjamin FTTJufler, explaining and justifying his late utterances which recommend the payment of our. national debt kitnatiohal pitpcr. fc'We'J beg the reader to note that General Butler is a volunteer ia this controversy. His views- were- elicited by no requirements from us, nor (we believe) from any one. He must have known before he gave them utterance that they were such as we. and many (we think: most) nloyali- Americans deem dishonest and repudiating. Let us briefly show why : 1. The United States, when their national existence was iu peril from a formidable rebellion, imperatively needed money--immense warns of it sums which could be raised by borrowing alone. So they commenced borrowing, and .were compelled to borrow more and more for years, until their national debt reached the enormous aggregate-of -overtw? thou-J Cil I1U ?C1CU UUUUICU il LIU LIUJ LUllllOU?, whereof two hundred and fifty millions have 8ince;been.paJdron leaving about twenty-five hundred millions still due. 2. In the dark days of our gigantic struggle, it was deemed necessary tosuspend specie payment and make the nation's promises to pay a legal tender for their face; in other words,: to de-j cree a universal forced ..loan, which was swelled at length to nearly one thousand millionsrof dollars.' - Except for certain, .payments to. the Government, this paper was thus made our general currency. . . ? k I A r-1 3. At first, this forced loan was merejy a postponement of actual pay-, mont. That fs to say; 'instead of '"real cash, , the , government, gave its soldiers, contractors, and other creditors its promise to pay as soon as it should be' able. jit. was-jaease; of qualified national bankruptcy,, exactly as when a debtor asks and receives an extension of the;time-of payment from his creditors. The government, issued these paper dollars, 'convertible at the - will , of the holder into bonds drawing 'six per cent, interest in coin. This pa.lutary ; and jrighteous system should never have been changed; but, unhappily, it'was. Had it been faithfully .-adhered .to, ,the debt would have funded itself, so fastf and so Tar as it should be funded. and we should: ere this have, returned, of course., to specie payments-ivThef change from greenbacks redeemable at the holder's pleasure,-in , a, treasury six per cent.; bond, the interest, specihcajiy payable semi-annually in coin, to a greenback which simply, nakedly liedr-r-being redeemable nowhere and in nothingwas' a d'eplorable:. illustration' of." the growiug teepness of the ,down-hi)l 4. Tlie-first greenbacks were ,funa-i able at the holder's option in a speclfe-; paying bond ; those issued later were fundable whenever - the government, victorious over its foes, should be ready to fund. It was at first intended to issue a moderate amount only; but successive defeats, pressing emergencies and imperative necessities led to further and further issues, under our greenbacks in circulation amounted to four hundred millions,.., ; , I 5. 'All "this; time the 'government was borrowing all it. could get often to the extent of one hundred millions per month.. And we (among others) were exhorting patriotic and .thrift citizens t to. sell j their crops,, their stocks, their farms, and invest, the proceeds in the , National ; debt,' ex-i p'aining;ti them "that they would jiijus invest' their greenbacks, which were at first a fraction, but at times very largely.' below specie iu value,' n securities whereof both principal and Lmterest were .payable in coin.. Had tey not done so. the Union. must have perched. - : ; ,6, , The government emitted three kindio: paper: 1st.' Greenbacks, for a time not redeemed in anything; 21. Bonds, payable in legal tender; 3J. Bmds piyable . in specie. '. The interest ion those payable- in-legal tender (7-30 .was general higher .than thatiOn.boas payable ji specie (5-20's: and- 4Qr4Q'a.);t Andi those" who took the7-30's were urged to do so' bVthe fl fiialk afefWliatt thtf action at maturjljjinyertingfltJiem into 5-20 e, pay able: vn:coin Hundreds of

millions of bonds drawing 7 3-lOths per cent.' interest have thus, bothtbetore and at maturity, been converted into 5-20's drawing but 0 per cent. These are among--the bonds which

General Butler says; the Government maFno'w7astIfilylree, backs! S?. f , 7. It seems cleafto our "mind that the Government, in borrowing money, incurred an obligation Jjto pay ;. and that the amount it thus contracted to pay could not be increased or diminished at its own pleasure, since that would-j be saying .that it( might pay Whatever; amount it should see ut to paijlie who coyenauts to pay ten thousand dollars, does j not. covenant to pay, merely .whatever he.inay choose to oonnider: (or, . make) ten thousand dollars,-but a, definite amount, and wljen General Butler proposes that the Government shall pay its coin debt iu greenbacks, and Mr. George H. Pendleton improves on the suggestion, by Urging that two thousand millions more greenbacks be issued and all our funded "debt, whether lield at home or abroad, paid off therein,' so that thei;hoiders! 'thereof- , should thenceforth receive from the treasury no interest whatever-r-nothing. at . all 'but ! bare-faced lies, not worth a dime,. on the flollarit seems to us that the rascality of the latter is more logical, and respectable,-than General , But-. ler's.o.it'wVare to perpetrate a". gi-; gantic national villainy,. let it; be, for something." (,; , : &, We .believe there are . on - record Specific and unequivocal pledges ;of the Government thajuthe pn'ncinaras wejrsTtha raterest ofits Srie ehould: bc"p4aifl lV oirf atAnatutrty.''- Bdt thfe' is not material. A man who incurs an Obligation !is 'nTallyib3undi(saya lu!ej) to1 discharge "that obligatjio-n. as he' sappoed'; the' creditor "to- uderstand as promising to fulfill it.; f' In Other words, if a man quits your presence understanding you to promise him. a, hundred bushels of wheat for a certain service, ai d you are aware that he thus understands you, and he' performs it qu the faith of that understanding, you" cannot'pay him a hun- ' dred bushels of oats, and thus discharge your' obligation, although you actually said oats, not wheat, in making the "offer?' Isjaot the case in POint? rj ,rt j . , . . , ; .yj;$he G ov'ern ment took the money bfVbundreds. of thousands,' saying, I will pay yousix perCeut. interest in coin on the sum ,so borrowed until I refund the principal borrowed.". He who. fancies that this debt , can be wiped put by" tendering the face of it in depreciated greenbacks seems to us deficient, in , moral sensibility. It is the Government that debases our currency, and that Government ' cannot rightfully .take, advantage, of its own wrong.' " .', ' 10. If little was said or. thought of the medium wherein payment ' of the principal .should be made " on those loans whereof the interest is expressly payable in coin, it was because no one dreamed that resumption would be postponed aftef'peace should be restored. -! ' We all - regarded' suspension as a transient though grave evil, to be escaped at the earliest moment. No one expected it to last so long as it has already endured.' The necessity and the excuse for it have long since passed away; yet it is persisted in because too many choose to pay but sixty or seventy cents where they owe a hundred. "' 11. General Butler asks why, if the; 5-20's are payable in gold; they are now selling for 112,! when gold is wort 143?:: VVe answer1 1. i Because thej superabound. 2.Because' onr country imports . lo(Tmahy'g6ods,and is heavily in debt abroad. 3. Because capitalists are timid, and fear that there may be Butlers enough in the land to defraud; them, of their honest dues. The faet'that'a'prbmise of the United States to pay six per cent, on a given sum per annum in gold is worth 20 per cent, less than, a promise of Great Britain to' pay 3pef cent, on a like sum, is in point) Repudiation is thus shown to be a losing game:' If every American would say,,".We;will -pay-carpuWic debt-to-the-ttrHt farthing! :we inight f eoonl-fund our "debt" ffoilr pereeBt'"'"As-it-MSi'we .shall long, pay fifty millions';, per: fa-1 nam in extra interest, because of i the threat and ; dread of virtual repuoiation. And . that , fifty millions would !' pay off our entire debt in less ! than t-forty. years'.'.' .Ve are for reducing both principal and interest, so tar as scan honestly be done; and we object to all dodges that savor of repudiation, that they preclude this most desired consummation. ' ' ' " " n ! -12. General Butler thinks that we are at varience on a legal question. We think it 'predominantly a moral question. The reader will judge between us. 1 : - Horace Greeley. ; 1 u 1 Sketches In Holland. ' ; A writer in the Pall' Mall Gazette sketches very pleasantly some peculU arities of DutehCenery and manners! We make-' a few qtfttations f i jpr "u ; THE ODPITY vOF; HOtLAND. T"j , . Everything In .Holla ud'a ' i n terestiog, and almost .everything is queer. There is. a piquant oddity in the artificial nature of the whole country; the sandy soil,' which is a triumph of patient ingenuity and creative skill- the wind pitted against the water to keep the land from flooding; the canals instead of roads; the ditches instead of hedges ; and the unvarying level of the broad flats, there being no such thing as a rising ground troiu-one enil-ol Holland to the other.:" Perhaps ntihing strikes the ;English';trkveller: in ., Holland, so mucn as .the , want or 8t6'u'e3.":;Xi?t) "cannot fiudso muchjas. a rabble - totV throw ; at a Vdok-r-if-rn-deedj tbe I)utch dfl'gs were'Dfiot far too,! . i- n . i"ic.i- rv:vvwj a'J.L- t

Buezest such an outrage. You do, it

is trnftt.see in theirproper placesivasf masses of granite and large blocks of basaltf-4ut all these come from -Norway,. ; and ,were brought here. with ereat expense i and i. are lee'onomized agelsewhere - peoptwoe-nomite porf hyry and marble. . ; In fact, stones in lolland are as much . an article of import, of foreign merchandise, of purchase, as wine is in England. Countless vessels arrive, or have arrived here,. ladeawith noother eargo. . THE DCTCII "CITIES A CONTRAST. Utrecht,-Leyden, Haarlem, have an aspect at once riant', venerable, and comfortable which,; offers a -singular combination." The Hague" looks like wealth and luxury; embodied; probably it would be impossible to find in any part of the world a city which gives to the eye of a stranger so vivid an impression of established, assured, habitual -affluence of quiet, refined, fierbap lazy and sleepy, enjoyment of ife. Amsterdam has often been compared to Venice;- but 'no two 1 cities, with so many points of i reiemblaneo, were ever so strikingly unlike. Both rose by commerce, and' have been uS princes and mOnarchs in the commercial" -world; - both" ; are , built on- piles;" both " stand1 -on - what nature intended to be I sea or marsh; ','in; both the " streets are Trntrways; both.' alas, stink horribly inJLugu;".:' But Venice is of the past, Amsterdam of the present ;l Venice is clad 'in gloomy black; -Amsterdam glittering m gayest colors; the marble palaces of Venice' are impressive with the'solemn f vesture of decay;" the docks:and warehouses 6f lArasterdam are enlivening from the spirit of rest less -enterprise" which they embody; lastly, the one city is all. bustle and activity," the other' all brooding silence; the one' his the splendor of life, the other the grandeur of death. ! J A NATION OP PHILOSOPHERS. But, perhaps, what makes traveling in Holland so singularly agreeable is the pervading air of comfort and content which is traceable everywhere. All classes seem . .well-to-do. , There is poverty, but . it : is neither squalid nor despairingj nor envious and indigent,; There is indigence, but it is weli;oared for to a degree unrivaled elsewhere. Every one seems industrious,, yet as if industry, were an interest and a pleasure and , as if in its hardest forms it still left leisure for enjoyment. No man seems "run off his legs, " as too-bften with us.- , The peasant . mostly farms - his own land,, and. the boatman . usually owns, his own craft. He starts . humbly;; but gets on in life, appears confident that he will get on, ana is not impatient to get on too fast, nor' ambitious to get on too far. - lie generally manages to indulge .-in objects of taste,.. if not of ' luxury. His taste is sometimes very peculiar, and what we ehould call "vulgar and quaint ; but, such as it is, he can gratify it. His windows and little plot of garden are filled with flowers . and shrubB, and both are tended with loving care, though- the flowers are often stiff and artificial, and the shrubs tortured into the most hideous and fantastical, likenesses. His domestic animal8, too, are all treated like children, and the very goats have a groomed and fatted air, quite unlike the -: gaunt animals you find elsewhere. The canal boatmen, whose boats are their homes, with a wife and a child or two always on board, contrive to give their cabins, small as they are, an ornamented look, as well as an air of inviting comfort, by coarse" muslin curtains to their twelve inch windows, and a flower pot on the ledge. They will go through the most unceasing toil but toil brings its sure reward, and they enjoy life as it goes by. As the world improves with them they buy a larger boat, sleep in a larger cabin, enlarge their .aspirations, and their sphere, but, make no' changes except of degree." ..'-',.;;."; ';,.'. ... Bmarck What5 He Thinks of the " Shooting of Maximilian. . -.The. French Emperor is said to have been most anxious to ascertain the judgment expressed by Bismarck on- the sentence pronounced - upon Maximilian, . and, . commissioned , a friend to beg of; the. great statesman to write his impressions thereon. The answer must have darkened His Majesty's brow and made his ears tingle. It is so characteristic of the man that it is quite worthy pf record, as one of these days it is quite likely that it may have to be remembered. . ".Juarez may be a brave and steadfast patriot, ". writes Bismarck, "but he is no politician. . His course lay clear before him..- He might have humbled the pride of all Europe, and in -particular have , crushed . that of France forever by a single blow. The execution of Maximilian is a blunder from which Juarez will never recover. My policy would have -been to have held , the Archduke Maximilian as hostage, while , my. ambassadors were received in 4ue form by the great Powers of Europe--by England, Austria and Prussia .' X should have exacted that my French ambassador should be received - with peculiar honor at the .Tuileries fetched in the State carriage by M. FeuiUet -.de Couchez, in the eyes of the whole population. When this . , humiliation had been enforced, I should . .have said, "Now that Mexico is re-established as a Republic, nothing more : remains but the indemnity for ; the cruel and treacherous war which has been imposed upon the country by .France; therefore, not till this indemnity be Daid can , we suffer the Archduke to go back to Enrope. Re-.; iy uponit, inis inuemniiy wouiunave, been paid, ., Juarez might have named jiU,q;j9wn," price Njipoleonr; TIL' would baYeii(jaid. j it;. j.out-.of.

his own private resources rather than

.havev suffered the question to be dis cussed in tne un amber. ine public -reception of. ihe .ambassador would most likely have ultimately caused the downfall of the dynasty; it would - have-oeeatjioneL-jta . in. Paris which would have necessitated measures of repression too stringent to be borne; 1 and 'thus the whole' edifice would have crumbled to dust." ' 1 No biography or personal sketch could ever have painted the arrogance and daring of .Bismarck more' plainly than this apetcu of his secret aspirations. ;'- ' ' '-v,: ' ' '' THE i. i j railroad co:;: ;; v Their FIRST MORTGAGE BONDii ' ;.;' AS AX LVVESTMEXT. The rapid progress of !lhe ' Union Pacific Railroad, now building west from Omaha, Nebraska, and iorminr, with ! its western, connections, an unbroken, Jlne aoroM the continent, attracts attention to the va.ue or . the First Mortgage. Bonds which the Company now. offer; to the pvibhc The first -queatlpn asked by prudent Investors .Is, "Are these bonds secure ?, " ' ext, ''Are they a profitable investment?" To reply i ...' - : i 1 1 . lstr' The early completion of the ' who j great lirie to the Pacific IA as certain as any future business event catt'. be. ' The ernment grant of over twenty million acres of land and fifty million UotlMrs in its own bonds' practically' guarantees It. One-fourtli of the 'work 1 alrady done( and the track continues to be laid, at the rate of two miliex a day. ; , t It., m J 2d. The Uiiiou Pacific I Uailroad , bonds are issued upou what prombes to be one of tbe.mottt profitable Hoes of. railroad n the country. For many years it rout be the only Line connecting the Atlantic and Pacific; and being without competition, it, can maintain remunerative rates. ' . 3d. Four huudred and twenly-five miles of this i-oad are finished, and ' fully equipped with depots, locomotives, curs, tc, and two trains are daily running each way. The materials for the remamiug niueiy-two' miles to the eastern base of the Rocky Mountains are on hand, and it Is under contract to be done In Beptember. 4th. The net earnings of the sections already finished arw "itveral time greater than-the gold Interest upon the First Mortgage Bonds upon such', sect loos, and it hot another mile ot the road were built the part already completed would not, only pay Interest and expenses, but be. yip&ir able to the "Company. r-t ?..' : 6th. The Union Pacific Railroad, boiida can be Issued only as the - road progresses, and therefore can never be in the market unless they represent a bona-fide property. 6th. The amount is strictly limited by, law to a sum equal to what Is granted by' the U. S. tioverumeut, and tor which, it taHes a second lieu as Its security. This amount upon the first 517 miles west from Omaha Is only $I6,(W0 per mile. ' '7th. The fact that the U. 8. Government considers a second lien upon the road a good Investment, and that some of the shrewdest railroad builders of the country have already paid In five million dollars upon the stock (which is to them a third lien), may well Inspire confidence In a first lien. - . . , . 8th. Although It is not claimed that there can be any better securities than Governments, there are parties who consider a first mortgage upon such property, as this tne very best set-urity in the world and who ell their Governments to re-invest in these bonds thus' securing a greater interest. ' Uth. As the Union Pacific Railroad bonds are offered for the present at 90 cents on the dollar and accrued Interest, they are the cheapest security In the market, being moie than 15 per cent, less than U. H; stocks. . ' , Wth. At the current rate of premium on gold, they pay ' ' :' 7 ;: Ocer Sine 'per. Cent., J titer ett. . ' The daily subscriptions are already large, and they will continue to be received In New York by the . ' '' - i ' " ' ' ;i' COMTlNHKTAI. NATIONAL BANK, : '' ' -i '. jfo. 7 Nassau Street ; ;il Vlark, IKiKjjr& Co., Bankers, a: i! : ; ,51 Wallfetreet;,, i ! Jons' 3. Cisco A tiom. Bankers, ; 1 1 V'ivi t i ''-!!. No. 33 Wall Street U . and by Banto ; ahd . banker generally throughout, the United Htates,. of .whom maps and descriptive pamphlets may.be obtained. They will also be sent by .mall from, the Company's office, No. 20 Nassau Street, .New ,Xor.k. OQ application.1 Subscribers willlseleot their own Ageutsi iu whom they have confidence, who alone will be 'responsible to them for the safe delivery of the bonds. ' JOHN J. CISCO, Treasurer.1 , ' t,. ' ;' v. - ' '.' ; NEW YORK.; IN x;VA.NaVILLK.' ' ' EVAN8VILLE .NATIONAL BANK. aal0dw3m ,. .' . ! . ;j - . : , hi;: -.- . ..: 1 : 1 : i INSURANCE. EVAXSVILLEIXSURAKCE CO. AUTHORIZED CAPITAI f ,000,000 Paiu Up Capitai.:. 250,000 FIRE, MARINE, FLAT BOAT RISK Taken at fair rates. tKS'.n-t ': ':i -f '..-I: ,(rn i . JoBsr a. Hopkins. PretUleilt.;. . i ;, ' . jAJUkBH. Cutjsk, Secretary. y ( DIRECTORS; Charles Viele. . John Ingle, Jr., William Brown, Dr. F. W. Sawyer, C. Preston. . J. H. Hopkins, Gillison Magbee,' Robert Barnes, . Dr. M. J. Bray, J. N. Knox, Business Aeent, who will also attend to Life and Accident Insurance : Office, corner of Main anl First Streets, in First National Bank Building. apl8 6ro ,7o'WM.. HASTINGS, : -Sceule Artist and Fresco irr,u. ; l amier, v till ; jKU: orders left at: peborne A Tllestco'l A attended Xb.' 1 '-' i CA1J4IMIN BCATfNGS neatly -don. ,Jj.pW,?liq..IB ui ,.k f;r-,.:i .,v:-.. :n :

DRY GOODS.

SCHAMER, BUSSING & CO. Now offer to the public a larger and bettor stock oi ... " Tall and TTmter Dry Goods than can be found in any ONE ESTMJlisbment In the Western Country, vi.: In the DomestlG Department, Under the charge of A. I.VNSING, can now -be had the. best and mof.t popular t makes of Calicoes Browa and Bleached Mui-lins, Sheetings PlllOw-Case Muslins, Checks, Tickings, Hickory Snipes. Jkc, and always at the lori?stmarket price. ., f . uress, uooas uepanmeni, Under special clwee of . PROF. UUHT.' M AT HI H. U now-Mocked with Novelties Of the Season, at from ti to $W0 a pattern, and in which any aiid- ve-y body cau bo :ulted. - o - Wilts Goods Department, i .. . In charge of J. E. DUTCHF.lt, is being daiiy lepienihiiea. ana ineswortmeni nowcomlete consisting of Swiss, Jaconets, Table iuens and CloUis, Stiui-1 and Tablt) Cov- -- ers, Towels, Napkins Hahxlkeretilef, Embroideries, H'lgiiiy. IJiees .(botii real and imitation). Em- roideied and Lace Curtains, and charming beiiulie In Bed'spreads, Ac. - )..v;s Notions, Department t,rt;- - This stocfc, In charge of A'V'ENlEMANN, Is very complete, Irom a Paper of Pins to a Pair ot Alexandre's Kid "Gloves, or a Brass 1 Button to a Paper Collar. But the most attructiv blhn-t'lbraed Bieiow's I.loenrinisura ana "iar or me we wiazea Paper Collars, nt 25 cents a box the most durable, best-fitting, rnd cheapest Collar .in America. ' il ; WoplenT Dpbtmenf ;i otio x :-i Under thsui4rirfnoeu of' JOHN ISEN11AUEK. is well assorted, and those in search of Cloths, :astiiiere. Doeskins, Beavers. Jeans, or anything for Men's or BoyUk Wear, would do well to eianilne. this tock bnfore 1 puMhas;ng ' elMwhurAi O and save iimnt-y. , Aho, Flikunels , iu tall wool, part ettOLirahI Nl.'k and wool.' Shawls an'd'Cloaks'- u In endless variety. , , . Hoop-SJiirts At a grentTeducnoir m priem. " - Retail Millinery-Department, Suiwinteuded by Ml-s ELIZA BELLAM. is tne most complete In the West, and aew, ' g Kxls are dailv arriving; aud. by the 15th of tseptetnlu-r the foc!t wlli-be complete, with every novelty , that the heart can wish and the eye desire. 'We most respectfully -eall the attention of the public to the fact that. we make no . ridiculous-pretetistou Of "selling below cost," "cheaper Uian;bore the war," or "cheaper thsn anybody In the world;" neither do we sell three spools of Coats's Thread for 5 cents for the purpose of enticing trade, and then charge it up in good- In which thev are not posted. We sell at the " ONE-PRICE SYSTEM," and always as cheap- as the cheapest, and as -low as the market will afford, and warrant all goods as represented. The salesmen will always be found ac- .;' commodating and ready to show goods, whether a sale is made or not. . , ' :'T- ; -i n SCHAPKER, ;BUS3ING A C0 , . WHOLESALE AND KETAIL DEALERS, ; , , Z and 49 Main Street, ' , sel " . Evanhvim.i':, Iscn. , HUDSPETH, ADAMS & CO. 63 Min Street , 63 W K RKNI'ECr 1'I.LY . t'ALI, AT tention to our large stock of Ladles' and Chlldrens. Huts. .We have Just received from New York Olty new Press Oeods, in Alpacas, Grenadines, DeLalns, Linen Ooods, Ginghams, Lawn, CUarnbray and Crepe Marez,Capimeres,Cottonades, Llaen Panting and Coating. ' ' ,.' " New lot of White Goods, Jaconet , Nainsook, Swiss, Irish Linen, and a large variety In Ladies' and' Gents' Linen Handkerchiefs. Our stock of Hosiery comprises a large variety, bought low, and will be sold cheap. : .: Parasols and Sun Umbrellas, iu Silk, Cotton, and Scotch Gingham. We have, and will keep a large assortment. . , - New. goods bought by. onr house In tbe market with a special view to the interest ot our . customers.- We will ,reoeive hereafter dally, and call the attention of aU people, to c-otne ana examine our siocit aud prices. : HUDSPETH, ADAMS & COL 63 Mailt Street ' JunelO Fall Trade,! 18G7. G. MAGHEE & CO., rsTolS TirsV St., Evansville, Indiana, i; il i i. i nliuU : I - i - ! ' It . WBOl5frjU,KR8I3r: DIVIDE TO CAU .tMlK ATXEWtOU p( the -trade W their. Iate and varied assortment Of 'seasonable t goods. which they have just- received, and are offering a gi eat; bargains. .. ,y v, j ". -7 grajn Ibags.1' 2, 2, andJ3 bushel Seamless Bags on hand and for sale by ' 'G. MAGHEE & CO. 3,000 Four bushel Burlap Biigs just received aad for sale by . '', G,1 MAGHEE 4 CO.' jij'.L Jf m '4: OOO t vH t :r il i -ir ,- . . :, .!- Yarn Burlaps Just received and for aleby AUg2WtX j;AyHS4 jlk.tftf.

'j .o sa6 1 I M V M V.