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THE DAILY EXAMINER.

NOVEMBER 26, 188

The Government Savings Banks.

fue returns from the Government Savings Banks, published for the first four months of the financial year, July, August, September and October, show a heavy fall ing off in the deposits. This decline is due entirely to an Order-in-Council passed,

limiting from the Ist of July last the amount deposited by any one person in one year to $300, and the maximum amount to $1,000. vious to the passing of this rule, a depositor was allowed to have $3,000 to his credit. The charge was therefore of a sweeping character, and could not fail to tell adversely against the deposits. We believed, at the was introduced, that it We have

It will be remembered that pre-

time the change

would aot work satisf wctorily.

heard many who were accustomed to deposit their earnings and savings « mplain bitterly of having been shut out alt sethet by the

a correct idea

from the Savings Bank new rule. In order to give our readers f | we will give

iow the new rule works,

the figures as they appear in the printed turns for the above mentioned period, Ihe balance to the credit of depositors on the 3lst of October shows a decrease of over half a million dollars since the 30th of June last. The excess of withdrawals over leposits, to give the exact figures, is as follows :— For July and August. sig ptemver.

Octobe

9221,778

131,160 163,863

SITG SOL

Lutal

Phe total decline in the deposit tor the four months is $516,801, or an average monthly falling off of $129,200. There 1s one remarkable feature about those figures not unworthy of the attention of those who think that this decline in the Savings Bank balances may soon receive a check, and that is that the excess of the withdrawals over the depusits is not goimg on at any- thing like a uniform rate, but increasing very month. A writer in the Globe of a

discussing the financial

lay or two ago, situation, has evidently lost sight of the disparity between savings Bank deposits and withdrawals, for he declares himself at a loss to understand why the Government should be drawing so heavily on the Banks, asthe Bank returns show from time to time. He says the statement of receipts and expenditure don't justify it. Those heavy Savings Bank withdrawals, amount- ing as we have just shown, to over & half million in excess of the deposits, must be wet out of the Government balances at the banks. and is an element in his calcula- tion which the writer in the Globe appears to have over-looked.

We may still better understand how the Bank parison with the

rule works by a com-

transactions of — last

new Savings

year. The returns, as_ published in

the Canada Gazette for the year ended June

30th, 1887 shows an increase in the deposits for that year of $1,320,084 or a monthly average of $110,007, while the returns, 50 far, for the current year, show an average decrease of $129,200 a month. Asa stand- erd of comparisons, we select last year in preference to previous years, when, with the great presperity and the rapid develop- mept of the Dominion, which followed the building of the Canadian Pacifie Railway, what might, perhaps, be considered an ab- normal expansion of the Savings Bank de- posits took place.

We have said that, so is concerned, the new

far as this Island rule does not give satisfaction. This is a purely agricultural country,and there is no species of investment which the farmers prefer to the Saving Bank. If in making the change, the limit to deposits had been a figure whereby something ap- between

withdrawals and deposits would be secured,

fixed at proximating to an equilibrium there would have been very little com- plaint heard. We shall always sdvocate the fullest accommodation, consistent with a due regard to the commercial interests of the country,for our Saving Bank depositors. We know that it is the intention of the afford them that There are many considerations

Government to accom- modation. to which we intend to refer in a future irticle, that may influence the Government ‘n such a course. For the present we may Bay, that, with the ex< eption of a few mil- lions, the only part of the debt of the Dominion payable in Canada, is what is in Banks.

foreign creditors. The

the Savings The rest is due to

interest on that portion of the debt payable abroad is $4.06 per cent. The interest on the Savings Banks deposits, including the cost of man- agement, is scarcely a shade above that tigure. This ought to be a very strong rea- son fur the extension of Sayings Bank ac- commodation. The interests of our Gov- ernment Savings Banks are so inseparably interwoven with the interests of the general community, that the more they flourish the more assured we are of the permanence and stability of the best institutions of the Dominion.

«i> >< —_— =

—Sir Hector Langevin was a few days ago feted at Montreal. In the course of his speech on the occasion he said ;-—

‘Outsiders came in and told them to give up their independence (Cries of * Never a that independence which the Mother Country has given us, and they imvited us to destroy tht prosptrity whith the Natfonal Polity has

THE

conferred upol the people of the country. The pedpie of Canada would never consent to this. Commercial “union meant the loss of Imperial protection. We were now just be- ginning to flourish asa manufacturing ¢coun- try. Why should they abolish the policy that had conferred this blessing on them. The whole history of their province and their country was a prote st against this commergial union, which, in his mind, meant absorption into the neighboring r¢ public. The blood of oir ancestors protested against it. (€ hecrs. ) Everything they held dear would despise it. Were they going to allow the lt nited States to make their tariff and rule their country? (Cries of ** Never.”) He believed that such never be tolerated by the people of (Applause. )

would Canada.

Varia.

A sad gloom at present pervades the The Emperor's health is very much failing, though this is not to be wondered at in a nonagenal ian: but what eauses most ground for alarm 1s the serious condition of the Crown Prince. It will be remembered that he has had a growth in the throat which has caust dbim much in- convenience. The Crown Princess—our own Princess Royal—having every ¢on- fidence in the skill of Dr. Morrell Macken- have the

German Court.

zie, sent for him that she might benelit of his advice. Dr. Mackenzie ex tracted a small portion of thefungoid growth

from the Crown Prince’s throat und = sub- mitted it to Professor Virchow for analy- ! ! i

sis. He pronounce 1 it to be harimiess.

Since then the Prince has been un ler thie charge of Dr. Mackenzie, wae ter his sel vices was dubbed knight by the Queen in the summer. During the Jubilge festivi- ties the Crown Prince, whe by his princely yet gracious bearing called forth the adc miration of all who beheld him, was the object of Sir Morrell Mackenzie’s constant his residence

‘

care ; and it vas hoped that in the Highlands and othe health rese: would restore him completely. ‘Within the last few days, however, the growth in his throat has assumed a dangerous form, and it is feared that itis of a eancerous nature, Sir Morrell Mackenzie and al) the best specialists of Germany were suai a to thei

, , isentence is that the disease 18 undeoubt-

ittend the Prince at San Remo antl Sia edly cancer.

Meanwhile the most alaruntng rumors are flying about. The Emperor's, illness is magnified, and the wildest speculations are rife. Being the result of a heated imagina- tion, they are not to ye relied ypon, but we give them for what they are worth, In the eveat of the Emperor's death it isstated that Prince Bismarck would at all haszards return tu be by his master’s side. This, in the present state of the Chancellor's health, would be another element of danger. Should the Emperor die the Crown Prince would be immediately proclaimed, but as he would be unable to attend to the business of the throne it is surmised that his eldest son, Prince William, wou'd be nominated Regent, Here again }s another disturbing element of danger, for the young Prince has the character of being a firebrand and most warlike, and net having his father’s philosophical temperament and dread of war. The truth of the matter is that certain events which may come to pass are now brought within the range of possibility, but we cannot add, of probability. The genera! health gf the Crown Prince is excellent, and he takes Jong walks evew day. Moreover, the growth in his throat is described as being of a warty character, end it is not yet pronounced dangerous.

%* *

It is curious-to notice the contrast in France, under the Republic, between the opposition to titles and the universal pas- sion for decoration, The French people are still very much irvitated over the recent scandals. General Caflarel has keen dis- graced, while others, equally guilty, have been allowed to escape special enquiry, on account of the Chamber deciding to make an investigation so extensive that long be- fore it is finished the commission will have forgotien the object for which it was insti- tuted. This has naturally served to pro- long the resentment and anger of the peo- ple, and the fact of Catfarel being dis- graced while Wilson and others are allowed has caused iach suspicion and increased from day to day yatil a serious crisis has taken place, for 1 see by the telegram which you published yesterdwy ihr the President has resigned, and it lows as if France was on the eve of another I evolution.

%%

After Henry Ward Beechet’s death there was much curiosity as to who would suc- ceed him. A large congregation had at- tached itself to the Brooklyn Tabernacle during Mr. Beecher’s ministration, and as they had large means af their disposal, the question of money wag ty them a minor consideration. Dr. Joseph Parker, the well-known minister of the City Femple, London, was invited over ‘ton trial.” His tria loration wasa eulogy ov Mr. Beecher, but it was not a success. One comes across such sentences as the foilowing: ‘* Three thousand milesaway we saw only the outline of a noble figure, heard only a clarion tongue, beheld only the wizardry of a superb imagination, and wondered oply at a scope and power of prayer together constitgting an antique personality, which, with hallow- ing effect, touched at once our reverence and our reason. Mr. Beecher had a supreme gift of language as was betokened by his planet-eyes—eyes as full as Shakespeare's, as radiant as Gladstone’s, as expressive as Garrick’s.”

tu escape wrath, which have

*

The Americans have a kind of oratoay known as ‘*spread-eagle,” a little of which they are got pot indisposed to listen to. But they could yot stand Dr. Joseph Park- er’s oratory, and he returned to the City Temple. Rumors were rife at one time that negotiations were to be opened with Dr. McGlynn to occupy the vacant pulpit, but they either were nevermade or fell through. A. successor has at Jast been jound in the Rey. Charles A. Berry, a Conyregationalist minister of Wolverhampton, His name seems to be unknown to the general public, but I believe he is much appreciated in his own town.

* * 2

Facts which oceurred forty-eight hours ago have ceased to be ‘‘ rews” to the readers of a ‘‘live” daily newspaper like the Examives, and therefore it is ancient history to say that the Seott Act was sustained on Thursday. [am glad it was sustained, although I regret ‘he smallness of the majority. I am sorry that I had no vote, otherwise it would have been one more. There was one consicGeration which { am sure influenced many el;ctors to. voie

| ayainst the petition anid that is thata

DAILY EXAMINER, - nee

necessity would have been created to enact a license law, and to license the sale of spirituous liquors i a sin and a shame. + %

People sometimes speak as if the bodies of animals were sometimes turned into stone. But this is not so, What appears like it occurs in the following wanner. The bodies of the animals become imbedded, their surroundings forming a mold. The flesh rots away, leaving substances forming rock to enter, filling the mold thus fornved and making a rock cast of the animal. Wood may be petritied by taking eqnal quantities of rock salt, rock alum, white vinigar, chalk and pebbles, powdered, and mixing them. it has ceased throw the wood into the liquid and in four or five days it will be- come petrified.

=

The Scott Act Election.

OPINIONS OF THE PRESS.

St. John Sun:

“ ‘Phe Scott Act has had a narrow escape in Charlottetown. ‘The first petition for repeal

fo.ty. This time the majority is fifteen the vote recorded being over a hundred less than before, and about tour hundred less than at the general election last February, The ob- jection to the law in Charlottetown is not be- cause itis prohibited, but because in that city it has not hitherto been prohibitory. — If in the next three years the Act is effectively ad- ministered it Will not be so nearly defeated at the end of that period.”

St. Jobo Telegraph :

“ Asis quite well known the entire Island has been brought uader the operation of the Zeott Act, and the sentiment in its favor thronghout the rural districts is much stronger

than in Charlottetown. Had the Act been

repealed ip the eypital city and principal pert of entry, it would have greatly weakened its yperntion in other parts of the Island. ‘Phe

of this fact induced the pro- ibicicn sts of the city to put forth a strong effort, witch has been crowned with success. The Act having now another term of years to ran, should be enforced: Jt is better not to have « prohibitory statute of this kind nominal- ly in force Uf it is not really carried owt, ar the effect of one law openly and continuously violated ts to bring all law into disrs spect.’ Se ee ~_~

Our Fisheries. OPINIONS AT THE EASTWARD, A correspondept of ‘the Halifax Herald at Souris writes :

“Tua general way, [may say tie people here are in favor of a Reciprocity Treaty with the United States, bat there are many who would not be willing to have our inshore fish - eries surrendered to obtain even this boon. The experience of the past two years: has shown the value our inshore fisheries are to oursélves when properly protected ; and it is a wellknown tact that if American seiners are allowed free access to them, ina few years they will be a thing of the past. The hsher- men, agarulé, refer having the existing treaty maintained and the fisheries properly protected, 6s they were during the past sea- son, that is, unless larger trade con- cessions than free fish and oil be obtained under a new one.' Indeed, whatever way the fishery question’ may © end, there is one thing certain; it would be to the interest of all parties Sconcerned, Americans as well as Canadians, to abandon the destructive prac- tice of purse seining, and go back to the old hook -arid-line mails of capturing mackerel. Speaking of protecting the fisheries, { may here remark, that the afficers to whom this diffi- cult task was committed, have discharged their duties faithfully and well. It is true there may have been some few encroachments within the three mile limit; but many false alarms were raised during the season, when, as the writer knows, the supposed poachers were no other than Canadian seiners. It

would, indeed, be difficult to tind more eapdhig’ men to command cruisers than Captains MéLarren and

Lorway, who were stationed along this coast, As for the gentlemanly and resolute Lieut. Gordon, R. N., who commanded the 58. 5. Acadia, his very name was a terror to intend- ing poachers, and while he firmly enforced the observance of treaty regulations at gea, he also did much to prevent disorder and rioting among Américain fishermen in port, J] may also remark that the presence, on the scene of our fishing operations, of the talented minister of marine and fisheries, and his efficient deputy Major Tilton, had also a wholesome effect, and showed that the depart- ment meant business and endeavored to become personally acanainted with all the details and requirements 6f the seryies. ”

Phe Northern Light.

Tue winter steamer Northern Light is practically ready for the season’s work. During the summer she has been thorough- ly inspected by the Dominion Inspector of Hulls, Mr. Coker. She was opened along the shear-strike’ and water-ways, and planks were taken out of “different parts of the hull, so as to expose the timbers above the water line. This inspection resulved in her being pronounced as good and sea- worthy as ever. The planks removed were replaced by new ones of a similar kind of wood.

Lier boilers and engines have also under- gong inspection at the hands of Mr. Stevens, Tominion Inspector of Boilers. After such repairs ag he deemed necessary had been effected, he pronounced all ij good order and condition.

The interior and extericy of the -arivons, ete., have been nicely painted aud up- holstered, in fact everything possible under the cireumsiances has been done to make the winter passage coinfortable.

Messrs. McKinnon & McLean made the repairs to the boilers and engines; Mr. John Gaffney did the painting and Mr. Newson has almost finished the upholster- ing. Ali haye dong their work well.

ae. oe

A Narrow Escare.—-Montreal adviceg re- port that another case of French-Canadian gitls being decoyed tothe United Sttates for immoral purposes has come to light, They went to Lowell, Mass., at the invitation of a cousin there, who was said to be working in a factory, but when they arrived there they found she was the keeper of a house of ill fame. They luckily escaped with nothing else but a fright, and were brought home by a brother.

Kisp Friexp-That nervous hacking cough is dragging you to consumption and the grave. Do not longer delay, Procure Ad- amson’s Balsam at once, Jt isan unfailing remedy forcoughs, cold and lung disease. Trial bottles 10 cents. dy wy iw

He Lost on Sweers.—William Harris, con- fectioner and grocer, of Toronto, has assigned with liabilities of $35,000 and assets $20,

Ebullition will ensue. A fter |

was defeated three years ago by a majority of }

_ SATURDAY, 2

Annual St. Andrew's Dinner, | RANKIN HOUSE

oo meas

\ THe ‘a7 ' y WEDNESDAY, NOV. AT 9 O*¢SLOCK, P. M. (TICKETS, 31,50). M EMBERS of the Caledonia Club, in plaid and 442 bonnet. will meee at the Club Rooms, at o'cleck sharp, on the evening of the 30th. ; Members and Visiiing friends not already sup pied with tickets, Gan obtain them at the Clu | hhtoom, on the evening of the dinner. JOSEPH A. McDONALD, Chairman, J. McISAAC, Sec’'y Com., Nov. 26, 1887.—3i

NOTICE.

“The Charlottetown Board of Trade.”

pue adjourned meeting of this Board will. be he d atthe Board Reom, at half-past seven o'clock, on Monday Evening, the 28th instant, By order, J. MACEACHERN, Secretary.

SOTH.

Nov. 26, 1887= 2i

BOSTON STEAMERS.

PAST: TRIP

fur this season will be

STR. WORCESTER

LEAVING CHARLOTTETOWN

THURSDAY, 4 P. M,, Ist DEC,

CAKYELL BROS., Agents. Nov. 95-2

YY. M, C. AY

pare General \naua! Meeting of the Members of the Caariottetown Young Men's Christian Association, Will te held in the Hall of the Agso- ciation, Queen S juare, Charlottetown, on MON- DAY. the sth day of “ecember, next, at the hour of Eight o'clock, p. m., for the p irpose of receiv- iug the Report of: the Work ol the Association during the pst year, electing an Executive or Managing Committee for the ensuing year, and the transaction of other necessary business. J. D, SEAMAN, President. G. F. BEER, Secretary. Ch'tewn, Nov. 6, 1847.

JUST OPENED,

A&W VARIOTY STOR,

\ LARGE assortment of Goods, suitable for 4. Xinas and New Years Presents. Below we enumerate a few of the many articles in store:

Ladies Dressing Cases, Dominges,

Ladies Companions, Cheeker Boards, Ladies Plash Purses, Scissor :,

Plush Albums, Hair Oi),

Card Cases, Mirrors,

Inkstands, -Autogiaph Albums, Toy Pianv, Picture Frames, Vaces, ‘hildren s Tea Sets,

Unbreakable Dolis,

Soaps (fancy), Wri-ing Paper,

‘Perfumery,

Knives, Envelopes, Toy Pistols, Peus, Transparent Slates, Ink, Accordeons, Pencils,

Jack-in-the-Box. Biscuit Jars, Lady-in-B.x, Mouth Organs, China Cups'& Seucers, Cigar Cases,

Confectionery. Piciuré' Byocks, Nuts, Laces,

haisins, W hisks, Apples. Tin Buckets, Jews’ Harps, Masks. Brooches, ‘Tin Pints, ‘Toothb: ushes, Blacking,

Thousands of Xmas and New Years Cards nice and cheap, aad a host of things for the festive season, to» numerous to mention.

Now is your time to secure Bargains for Xmas and New Year's Presents, at prices that have never before been offered to the pubjic.

Come ard try the New Store before buying elsewhere.

Don't forget the place: THE NEW VARIETY STORE, North Side Queen Rgatre. opposite Post Oftice (uext door to W. | ‘ol well’s Crock- eryware Store.)

Ch’town, Nov. 36. 187.

In tho Estate of Glark & Rebblee, _ INSOLVENTS.

TT DERS will he received by the under signed up to TUESPAY the sixth day of December next, A. D.1887, at noon, ior the purchase of the assets of the estate as fol- lows :—

(1) Book debts, notes of hand and judg- ments.

(2) Stock of dry goods and general mer- chandize in the store lately occupied by them at Summerside, and shop furniture,

(3) Lobster factory,” trips and outfit at Miminigash and steamer .J ubilee.

(4) Half interest in lobsier factory, traps and outfit at Lot Kleven,

(5) Half Interest in lobster factories, traps and outfit at Park Corner and New London. (6) Household furniture of T. H. Robblee. (7) Household furniture uf James B. Clark. (8) Interest of James B. Clark tm house and lot on north side of Winter Street,in Summer- side, at present in his occupation. ‘Terns cash er approved security.

Tenders will be received’ for the above either separately or en tive.

No tender necessarily accepted,

Inventory eay be seen ou application to J. H. Graves, at office lately ocenpied by Clark & Robblee, at Summerside.

Dated this 21st day of November, 1887 ROBERT. T. HOLMAN. S. H. CLARK, Assignes. Novy, 23, 10ins, eod. *

APPLES.

] ¥ Auction, MONDAY, November 28th, at 11 o'clock, at Rooms, Qacen Street,—

One Carlo: 4 Choice No. i Apples, in Graven- steins, Baldwins, Pippins, &c., ordered foe ace tive sale.

_If weather is unfavorable, Sale conducted inside.

A. McNEILL, Aucti Ob'town, Nov, 25. 1887. “oe”

OFFICE : Next Door a * Queen Square. to Diamond Book Store,

Ch‘iown, Nov. 23, 1887-~-6i eod

N

OVEMBER 26, 1887.

NO MISTAKE!

MIAKE THIS IS YOUR CHANCE

— —0— ——

W* offer our entire stock of Cloths, “Hats and Caps, Ry Goods and Men’s Furnishings at a Discount of % Per Cent.

OVERCOATS, REEFERS AND SUITS

in the city, and we offer these at a Discount of 25 per cent,

The best stock of

Our Goods are all marked in plain figures, and are new fresh this Fail. ; ve:

; There is no delusion about this advertisement. just what we advertise.

We mean

In our Tailoring Department we guarantee entire satisfgo tion, or no Sale,

0

B. S. DAVIES & CO,

CAMERON BLOUK.

Ch’town, Nev. 22, 1887—dy & wy 3mos

a a ea eR —

=

COMMERCIAL UNION,

GEORGE E. FULL,

Where You Can Exchange Your Meney for What You Want at the Very Lowest Prices.

Ladies’ Dress Stuffs, Meltons and Cashmeres, Wool Shawls and Squary, Fur Tippets, Flannels, Hats and Bonnets, Gloves and Hosiery,

mins RES steer

Men's Overceats, Reefers, Coats, Pants, Vests, Linders, Knit Top Shirt Hats and Caps — All Too Cheap.

ee

30-CENT TEA POR 25 CENTS.

—_—

Rat eh wee

Sign of the LION, Queen Street, Ch’town, Nov. 12, 1887—eod & wky

a

City Hardware dStore

Cpa ee

Fall and Winter Stocks of Mnglish, American and Canadian

ral Haviware, (atid

~ AND

PAINTERS’ SUPPLIES

are about completed —Wholesate & Retail.

NORTON & FENNELL

Nov. 3, 1887.—2aw & wky

cence EO

a

cialiottelown Bout & Sh

—— ca 0o— ee

BETTER THAN BV EE-

Old Lasts Thrown Away ; New Lasts Eieceiyed. The Long-Looked for Boot at Last

Great Comfort. Grreat Wear. Best Value.

°C oe

GOFF BROS.

Cee

Ch’'town, Noy. 14, 1887-—eod & wky