—

ee

-_ : : - 4' ie .

Local and Other tems, Rea 28 ent presented with this teal

. is 5 L An AhaGUS ise Ture , Pree ; nerly va tiy sold im the € Un ,

Ax his b Opies

“ 4 wi February 1, ‘ >

i a a Fancy Sale in Ma la “gf, Wasa grand suc-

. . * se very targe. ers I . 4s e ter‘ainment was | iven at Souris wet e ing. Ger correspond. | e te aa yet sent us the particulars, e thei Cc. & Res At meeting of the p ca hin am ¢ iobkirk was ap- shad Seeretary f the (Citinens’ Skating | yer ’ — Rint ruc thaw daring the pa’ fow days has ’ ve : reat ma holes Im the ive opened & &° Trav $ 0y » sheuld be on oa our rive

the loek wt tet thew

l received R (Quirk report st ‘

: + James Duncans sailed from = , \ e for South We ase for orders “ et J wary

i _, ¥ ; iii

Iw the abs ; i : », the Opposi

tien is © a le i t is reported

i_ Porry a sto the posilion ;

and M ' ‘ ‘ rally feeis that he has 8 ‘ it

Ix . e Presidency of Mr Haves eles : 3] vas hlentilied h me ‘ sw suUCOCess 1S as yes © @ 1108 yf a So e Bol the ivil eer

Faq, is ubout to estab lish 4 ¥ at nz (reek. and th f, em that yv ¥V have “greet te euiti- wat ba . petatoe: te supuly 1% Ner acres are yet required tobe sub- scribed

\\ u & ge ayy, Q C., one of the veteran barristers of Nova Scotia, died on the 25:h inst he eceased was 73 years old, was aimitted to ¢ Bar in 1829, and fer maovy years was Recorder of Halifax and Jadge of Prebate. He married Miss Duffus, | sister-in-law of “ir “Samuel Cunard.

Beretary The Post Office of Alexander A. MecKenz Selkirk Res!, was broken into on Saiurd night, Feb '2th, imst., by | thieves, if abeut aineteen dollars

worts of siaaps and other a: icles belonging to the office alse a cash bex

dollars, audi twenty deilars worth of goods,

Tur funeral of the wife our respected fellow citizen, Mr. D. R. M Heoper, was ene of the largest and moa® respectably at- tended we have seen for som: time. It was | a deserved tribute to the virtues of the de-

eoased lady. and an evidence of the resvect in which her husbeod is heid by ail clasee: in the community. — Patriot.

Tue market on Taeada Ist inst, was well attended. Prices as follows: Beef (small 5 to 12 cents; de qr, 4 to S cts; Mutton, 4 to 9 eents; Lamb, 4 to 3« ite; (reese, each, ) to 69 cents; Turkeys each 38 to §$) 50; Ducks 25 to 25 cents; Batter, fresh 2) to 25 cents; Batter, tab 18 to 20; Megs 20 to 24 ev ats; Hav 40 to 45 crut+; Oats 45 to 45 cha; P tatees 16 to 18 cents; Flour $2.3) to $3.00); Ortmeal 33.25 to 3350; Fowls, 29 to 20 cts; Pork (carcass) 5} t» 6}; «lo small), 7 to 9 cents,

Aw exhibition of pictures in black and white ia being held ta Mo eal. We are pleased to ' e that the Montreal papers pl>ce the nam ir. Harris at *he head of the list of waa lies satrisato ani «sp ax | hig ly of tae itriimhous The Paths gays: *‘ Many of thes ananidian drawings are excellent, being intended for the forth. | Cornin . sl work Pietur sque Canada,’ which " truet may reve worthy of the néry and is artists.’

sitsiiiniiaaaiiay

Brave Men.

A oeyTtswax from Mobrray Harbor, whose relialiiity is beyond doubt, gives some particul ars of the rescne of one of the parties who recently left the ** Northern Light, which should be knowa and remem

hered.

between it and terra firma a field of lolly, or ice broken into very susall pieces, flosting on tre top of the water, about

mile and half ia width. To row through this was, as every one knows, quite impos- also

sivle To walk over it was 1m Pers - sible. There were no availaile appliances soch as they have at the Capes.

wich heroic ingenuity, the brave men, whose names, as given below, should be chronicled not only on pape but on gold, invented a means of crossing the field of lcliy and succoring the party. They ob- tained two long, bread boards and placed | hem neach side of a dory. They the? into the jory and pushed the boards as far as they eould ahead of it. Then two of them get out, and walking on the ls at the imminent risk of their lives, they Jrew : dory thro agh the lolly the length of the boards, then got in and puaned the rds ahead ag»in, repeating the om ion until the | y had beea eross Iu this way they msde two pas sages betwien the party an the shore, rescving the passengers whe, but for their ready ingenuity, willing hear's and heroic

brarery, must have perishec most miser ably The names of the rescuers are : Caanies Macnoy, (who first saw the party in jeo- pa ly ) Danie. Macnon, Tuomas Davy, Jamee Wires, Ja “ka 'LARKE, Jous Wurre—a lad

years

——--

The Concert and ‘Re idings.

A very good andience assemb! treat provided for them Mouda seemed heartily delizhted. The entertain- ment iteelf was of a high stan ard, and was undoubtedly the best, in every reapect, of the We congratulate tae committee aa

d to hear the evening, ani

season. this, their crowning *uccess,

Che instrumental music was of the highest order fhe Violin solos of Mr. Vinnievmbe displayed a perserering amount of practice

and acarefal masterly handling of the bow, Mr. Werth was first rate im his « fact. we never heard him pla) soon succeeded in pleasing the + his cornet eang out *’ A life Wave.” Mr. Earle was as in ever, equally at ease accompany) of Pelline, Blumenthal, er ot baliad

The Readings, as a whole, selected of the course The « reading of Mr. E J. Hodgson

better.

Ueran ef tigsble an nz the music sume simple

m the

vere the best

ear, lImciwive

and his selection was bright and hameorous The atovepine, the irritated hus and, and the vexing. vo gar. meddilesome wife will often raise a laugh Vr. L. H. Davies read the Laureste’s Balaklavan Lyric wi h great spirit j and martial ardour. fis full, h voice was électrical on the words ‘‘Forward the Light Brigad Miss Smith's May Queen was carefalily stadied The chanve from the jovial f seeking maiden to th, thoughtful, bumblei one, was well disp'ayed by this lady's elocutionsry power. Mss Barr has become a great favourite at these Readings, aniher “ Betsey and 1” of last evening will

grext y add to her popularity. |

The vocal music of the evenimg was a rare treat. When all did so well it would be ab- surd to patticularize, bat we ecranot refrain fro» pabliecly thanking Mrs. MeNab, Miss Palmer aud Miss Barke for providing as with such music, and in this way elevating the musical taste of the town. The sweet flowing melolies of the Fatherland we ¢ beautifully rendered bv Herr Hermans, and the free and easy ‘Tar’ songs of Mr. Beer were a treat not soon to be forgotten. We wore much pieased at the pretty part son, were well balanced aad in good tine and tune It was a good idea to increase the number of siogers in these glees, for nothing 1s mera in

harmonious than to hear the imtividual tim#re |

of seeon lary voices When many voices take port, thie timbre is lost im the combined volv me of seu id, : Ve ve sought to increase an iateres$ tn these entertainmeut» both for their enjoyable and their educational value. There will be “Little Ped lingtonians” whe, hy their mental microscopes, discover valparity or “a least little touch of spleen” in any criticiem, Or perhaps some seilf-exalted d mi-god, ac- enst) | ta fee! the fruit of fulsome ‘tory. im piens horrer eries © Profanuina Fuljus. Ignoring such, our effer's have been to * ov ia the true” and to fin | each suc

cessive eutertainnent mellowed

mosphere of a mper art.

eataining four |

It appears that when the party was | first seen fromm the shore there intervened |

, | of alljroots required for the farm stock. * | is to be conveniently located to the stock.

of sixteen |

rnet solo. In | He |

ulieace when |

was a treat, |

vith the at-| we vow roast aud gris é, satisiachion.

The New Brunswick Diplomas.

>». . . Rrearpixa the Diplomas recently received

|

OUR BANKS.

by Island Exhibitors at the New Branswick | The Twenty-fitth Annual Report of

Exhibition, the //era isays :

** The diploma lithography, and of work of art. Its di feet byt foet, al egorical group

' : the sickle

avery beautiful piece of consilerable merit as a nensions are about three the top centre is an representing Agriculture-— ; aud Literature, Seience and Art lhe figures are artistically grouped and well drawn. Science is repre- ented uspring the artizan, who is eelz-ng bis hammer to work eut the happy then, ht. Dowo either side of the diploma are weil executed vignettes representing the iméustries which the Government intends to } foster by its annual exhibitions. The great wediuus of intercourse between vatien:—the

wo tin

with sheaves,

as

a ay andl the Steamboat ocenpy the first places, inten follow tlorses, Cows, the Lum {ber and Fishi: g ‘industries,

“ . Sheep, Pigs, Foci mtn =

. ic utry ‘ard filling up the | bettom centre. Interwoven with these are | well designed ornamental drawings excel- | lently in keeping with the whole design.

\ }

In |

the Bank of Prince Edward Island.

A quarter of a century having now nearly

run g@ course, since the establishment of this Bank in the year 1856, tle Direetors have great pleasure in eoming before the Shareholders upon the occasion of this their 25th Annual Meeting. In reviewing the work and business of the Bank, the Diree-

} tors consider it a watter of congratulation

that while the institution itself has proved remunerative to its individual stockholders, it has been instrumental in no inconsider- able degree in advaneing the commercial and indastrial interests, aud developing the resources of the Province at large. Whilst one of our important branches of trade— that’ of shipbnilding—which for many years after the establishment of this Bank was carried on to a large by many of our

the centre you read‘ This diploma is award. | enterprising merchants, and gave em- e! by the Governmentof New Brunswick.” | ployment to a considerable number of Here follows the name of the Exhibitor and people, has ef late years decreased, the deseription of stuck for which he re- |‘ is satisfactory to know that ceived this token of merit. Fifteen of |OUT Other staple branches of industry

these beautiful diplomas were forwarded to

the Secretary of our Agricultural Show, A.

WeNe il, E q Five ot these were for the j La il Government, four for Ul. Lengworth, Esq.; to A. Boswell, N. R MeMcLeod, C. A. Mitchell, H. Crasweil, and Wallace Rodd, one each. We have no doubt that these diplomas will be framed by the re- ceivers and hang ap in their best rooms as honoravie tesinnonials of their success, wl will be considered by them what they

‘a im! ar i { certainly are, more enduring than gold or silver.

oe

The Stock Farm Buildings.

Tus plans and specifications of the new buildings. for the Stock Farm, recently MeUregor, under . 2 ’ : ck Farm Comimis-

prepared by Mr Charles the Supervishaof the S

sioners, are ou exhi:i ion at the Provincial Building. The buildings «re designed from the Bow Park Farm BuiiJings, at ‘Brant- ford, Ontario, which were owned by the late Hon. George Brown.

The proposed buildings are hot so exten- | sive as those of Bow Park, but the Govern- ment, through the Stock Farm Committee, have carefully studied the requirements of |; the Farm, and have proposed te construct eight boildings in all. These buildings are to be erected upon brick and stone founda- tions. Their general appearance is plaia and substan(ial

IMPLEMENT HOUSE AND GRANARY.

a ae the haplement | with Granary, is a buildimg intended for j stering farm machinery and implements. Such a building is required by every farmer, as a large amount of money is innually lost for want of a proper place te s'ore inplements. The Granary is on the upper flat of the building. It is divided into apartments for storing different kinds f grain, and has a capacity for hulding al

ie grain which the Far produces. The build seems substantial, and is well tesigned for the purpose it isintended. A rood feature in itis that the granary floor is arranged so as toe prevent the intrusion of rats, mice, and other vermin, through par- titions or walls.

THE HORSE STABLE.

No. 2 the Horse Stable, is a build- ing 62432 feet, and was designed by C. C, Gardiver, Esq. It is proneunced by com- petent judges to be first class, containing, as it does, all modern requirements for a stable. The stall accommodation is very large, the box stalls are apparently conve- nient, while the feeding arrangements as siiown on the plan cannot be surpassed. The ventilation, which is a most important matter In the construetion of stables, seema

to have been well considered in this buiid- | ing, as well as all others, THE BARN AND ROOT CELLAR. No. 3, the barn is a building 90 by 32 feet. / It is placed upon a substantial solid brick | foundation, and is arranged with threshing | floors, ec. The frame is very strong,

;

g

House, |

| | | | |

~agriculture and the fisheries—have been advantageously prosecuted by our peeple, and that the creat resources of our Prov- inee are now year by year being developed in a largely increasingratio. In promoting those great objects your Direetora have, at all times, whilst carefully guarding the in- terests of the Bank, endeavered to lend a helping hand,

Whilst referring thus generally to the | connections of the Bank have been fairly Island, your Direciers |

resources of the

cannot but express regret that the com-

mereial depression so extensively felt here | ,.,

and in other portions of the Dominion of

| late years, still continues to exert its in-

fluence in our commanity, and that the year now closed has not been marked by much decided improvement in trade.

In elosing our report of last year we gave expression to the hope that we might look torward to an increase of activity in business during the coming year. That expectation, however, has not been fully realized. A more healthful tone, ne deubt, pervades our commereial commu- nity ; but business transactions are still limited in extent. Under these cirenm- stances the disconnt department of the Bank for the past year has not been so profitable as it otherwise would have been ; but a large and safe foreign exchange busi- ness has been done. Upon the whole therefore, the transactions of the Bank for the past year have been very satisfactory, and your Direetors do not anticipate any losses on the business ef the year; we

have, however, found it necessary to write |

off for bad debts contracted in former years the sum of $1,417 60. We have also, after

carefully examining inte the leans and |

securities of the Bauk, deeme dt it necessary to transfer the sum of $5,000.00 to sus- pense account to meet any loss which may be sustained on estates now ln the course of liquidation, and in regard to which losses nay possibly occur from a shrinkage or decline in the value of the estates.

The net profits of the year have been |

$18,433.59, ont of which your Direetors have paid the Shareholders two dividends ot four per cont. each on the facial or par value of their shares, to $9,600. This would leave a balance of profits on the business of last year of $8,833.89, but dedueting therefrom the sum of $1,417.60 written offfer bad debts, and the asieunt of $5,000.00 transferred to suspense account as above, a balance of $2,- 416.29 last year’s profits isstill left to be add- ed te the balance of protita ($43,457.85) on hand on the 2nd of March last, thus making the balance or reserve of $45,874.- 12 ceuts now in hand to be carried forward to the credit of the Bank for the ensuing year.

Herewith we submit a statement shew ing the condition of the Bank, and the above particulars in fuller detail, and which we think will be found satisfactory by the Shareholders.

In referring now to the absenee of our worthy and highly respected President,

| being kneed and well braced throughout. /the Hon. Joseph Hensley, in England, Under the barn is to be a splendid frest-| while the Directors deeply regret the cause

| proof cellar, capable ef containing a supply | which rendered that absenee necessary,

houses, etc, THE PIG HOUSE. No. 4, which is the pig house, is well ar- ranged for breeding and keeping pigs.

into twelve apartments. all the most improved applianees for breed- iug and keeping pigs. As the Government

} j

|

i '

It | namely, his delicate state of health, they

have the satisfaction of knowing that the Bank derives no smal] benelit from his pre- sence in London, and that his health has been greatly benefitted by his temporary

It | respite from business; and we look forward is a buildisg 60 by 20 feet, and is divided with pleasure to his anticipated return in [t will contain | the ensuing spring.

In closing this, our report, we may, we think, congratulate the Sharehold« rs on the

intend to greatly improve the breed of | prospect of an increased stimuus being pigs in the Provinee, we are pleased to see | given to businesss during the present year, it has not fatied to make goed preparations ia eonsiderab.e quantity of grain teing now in store on the Island, awaiting shipment

for so doing in constructing the new house. THE SHBEP HOUSE. | No. 5, the sheep house, is the same size las the pig house. lt is to be J-cated directly opposite the latter, and will cen tain apartments for the various kinds of sheep bred on the Farm. There is a good loft in it, which is sutticient to held enough | fodder for the sheep all the year round.

THY STALL HOUSE.

No. 6, the stall house, is the largest | building to be constructed. It will be 100 \feet long by 34 feet broad, and have (omnia fer forty er fifty cows. One side of itis fitted up with box stalls, while the opposite side contains plain stalls with ties. In the centre is a passage inine feet wide, throngh which the | the feeder may drive, and from a cart feed

the cattle. The manure can be removed | from the box stalls by the same passage. ANOTHER STALL HOUSE,

No. 7, also a stall house, is 100 feet long | and 30 feet broad. It is similar to No. 6, but the interior is totally fitted up with box | atails, The accommodation in this build ling will "not be so large as in No. 6, yet | the svetem of box stalis will make it more complete. Cattle—young ones especially — | thrive better in these stails than in the old- | fashioned ones. THE CALF HOU?E.

No. 8, the Calf House, is a building, similar in size and appearance to the im- plement house. It is to be fitted up like the sheep honse, and have a passage through its centre for feecing purposes.

_- Lines Written on the Death of

Hugo Erichsen, who died 12th

of Feb:uary, 1881.

Awny from his kindred and home he has died, in this far away Isle of the North, — But friends to the last remained by his bed- sile ‘Till his spirit to heaven went forth.

We wept as we gazed on that pale and calm face ; That so often had sparkled with glee, And remembered no more his com erse our circle would grace,— That it was the last of peor Hugo we'd see.

We thought of his mother #o far away now From tbe son which to her Gd had given,

| Awd wished she might plice her warm hand

| on his brew, oe

And pray for te ineet him in heaven,

| | |

Only two years have elapsed since the day When he first «ame amongst us to dwe

| And then he was merry, and witty andy OJ,

And locking so hearty and well.

The parts | Ah ! little we thought that so soon bh: glo jd

ie,. :

In the height ef his strength and bir bi om ;

That the bane breath of consumption ssould cause him to lie,

| An offering ripe for the tomb. . Slowly and sadly he pined away— ; ~ Oh! 1 thi fa a you g life,” he cried ; | Bat weaker and weaker he grew every day, Tili at length, exhwnsted, he died.

In Cornwall ehuren-yard his bedy we laid, In accordance with his request 5 Whale unto our Father in Heaven, we prayed That with Jesus his spirit would rest. J.C. 8.

_~<—— +

Havixe a new improved Coffee Poaster our eoffe fresb, and

}

on the opening of the Navigation, and ex- tensive preparations having been made for a largely increased export of canned fish

and meats in the coming summer. t

J. LONGWORTH,

Acting President. T. HeatH HaviLanp. W W. Lokp. Ricwarp Hearrz. Daniet Davies. Jamps PEAKE.

The following Resolutions were then unanimensly agreed to :

That the Report now read be adopted and printed fer the information of the stockhold- ers.

That the thanks of this meeting be given to the Directora for their very satisfactery mana- gement of the affaire of the Bank for the past year, and that the sum of Two Thousand Dollars be paid to the President and Directors for their services, to be divided as may be ordered by the Directors,

The meeting then proceeded to ballot for Directors for the ensuing year, when the following gentlemen were re-elected :—

Hon. Joseph Hensley, Hon. D. Davies, Hon. T. H. Haviland, Hon. J. Longworth, Hon. W. W. Lord, R. Heartz, Esy., and James Peake, Esq.

J. Lonowortu, Chairman, Charlottetown, March 2nd, 1831.

STATEMENT. LIABILI! ES,

Capital Stock, $120,009.00 Bank Notes in Circulation, 195,528.61 Amounts due to other Banks, 108,265.34

Deposits at call, $63,323.41

Lo subject to notice, 301,535 02

Divideads unpaid, 796.00 ————— 365,654.43 Net Profits on hand, 45,974.12 $535,325.50

AS*ETS.

Specie and Dominion (legal tender) Notes,

In hands of other Banks,

Notes and Cheques of other Banks,

Bills Receivabic,

Cash Aecounts,

Judgments in Supreme Court, Mort- gages, and Cash Accounts se- cured by Mortgage,

Real Estate,

$31,220.56 85,585 27 9,625.76 240,428 97 255,065, 11

193,516 61 14,573.22 $535,325.50

PROFIT ASD LOSS ACCOUNT,

To Dividend, June. 1880, $1,800.00 “6 do Deceiaber, 1880, 4,800.00 ** Interest on Deposits, 18,068.15 “* Losses written off, $1,417.60 ** Written off to pro-

vide for shrinkage in value of [eal Estate Seeurities, 5,000.00 —_——— 6,417.60

8,829 63 45,874.12 $55,759.52 By Balance on hand 2nd March, isso, ** Gross Profits for year,

** Incidental Expenses, ** Balauce Net Profits on hand,

$43,457 58 45,331.69

$33,789.52

J. R. Bexousn, Cashier.

|

} | | | | | }

{

| |

| Stockholders with the Cashier for injuries re- together amounting |

By Balanee from last year s

Seventeenth Anuuai Report of the Union Bank of Prince Bdward Island.

The Directors have pleasure in again meeting the Stockhelders and submitting the results of another year’s business, ac- companied by the usual statement of assets nd liabilities.

The Board have carefully,during the last week, valued the assets of the Bank and have deducted from the year’s profits suffi- cient, in their opinion, to cover all bad and doubtful debts.

The nat profits, after deducting charges of management and providing for such bad and doubtful debts amount

to Add to this balance of prefit

and loss account irom last year,

$14,442 17

606 51 $15,048.68 This has been appropriated as follows: Dividend No. 32, $6,488 89 ‘+ No, 33, 6,488.88

$12,977 77

Corresy ondence, war We do not ‘hold ourselves responsible for the statements or opinions of our correspondents,

Income Tax.—Query No. 1.

Simm,—Will you kindly give your readers some information relative to the above obnox- jous assessment that is now puzzling Asscss- ors and every citizen coming under its condi- tions

Are merchants compelled, by this law, to ‘show their hamds,” by telling the assessors how mach money they have made during the year, andifthey have made nothing, to in- jure their credit by giving such information, or on the other hand, if they have madea large margin, to invite competition ?

If you will oblige me with space in your daily, 1 shall ask you for farther information, for public benefit, in your next number,

Yours truly, Tax Payer. ~P

To the Editor of the Baaminer.

Six,—Your correspondent **Observer’’ re iterates the question of the abolition of the

Leaving te credit of profit and loss account, $2,070.91 The general features of the year’s busi- |

ness thronghout the Provinee call for bat | little comment. Our principal prodact— the oat crop—was last autumn considerably under average, although realizing satisfac- tory prices; while our fisheries were re- markable for unnsually large catches, mar- keted at unusually lew prices.

The deposits, cireulation and general |

maintained,

The volume of business shews a satisfac ry increase during the last few mouths, | and it is pleasing to nete an improvement | in the regularity with whieh advances are paid. General trade appears sounder than for some years past, and with increased re- | sources and relieved of the incubus of bad | debts, ineurred during a period of inflation | preceding a depressivn unparalleled in the | history of this Province, your Directors | look confidently forward to the future growth and steady progress of this Institu- tion.

| | During the past autumn, the Direc‘ors | }

reduced the rate of interest on new deposit receipts from 5 to 4 percent. Notwithstand- ing this reduction in the rate, such deposits have shown a steady increase during the | past few months. It is with feelings of regret that the Di- | reetora have to refer to a serious railway | accident, which last August befel the Cashier | and deprived them for several months ef | his services. ‘They have pleasure in stating that he is | now able partially to resume his duties, | and they trust that ere long he may be | restored to his wonted healch again. The branch managers and other officers | ef the Bank continue to perform their duties to the satisfaction of the Board. Cuas. Parmer, Prest. | W. E. Dawson, George Davies, A. L. Brows, James Despnisay, Tuomas W. Dopp.

A motion expressing the sympathy of the

ceived in the late railway accident, and their congratulations on bis reeovery so far was upavimously passed, The former Board were re-elected. STATEMENT. LIABILITI LS, $216,770 62 342,341 05 132,449.83 38,112 89

Notes in cireulation, Deposits bearing Interest, Deposits not bearing interest, Baianees due te other Banks,

$729,674 39 162,222 22 65,009 00

1,180 55

Liabilities to the public, Capital paid up, Reserve Fund, Dividends, &c., unpaid, Reserve for Interest on Deposit Receipts, . Net Prefits on hand,

7,982 28 2,070 91

} making what he no doubt thinks a

| the Lower one?

| the

|}at the Guard; and I

| natural politeness of

Leg slative Council in a peculiar way. After clever hit at the Honse of Assembly for not propos- ing te reduve its own numbers, he says:

| ** the question has been asked, Why if one

fouse must go altogether, should it not be Nor is i> very easy to give a wholly satis‘actory answer.” 1 would like to know who has ever asked the question in- dicated in the above extract. I have never heard 15 before, even from the members of Legisiative Council, The ‘** wholly satisfactory answer” to this silly ques- tion is be found in the fact that the electors of the Province, both for the Legisla- tive Council and the House of Assembly, have deelared by overwhelming majorities in faver of abolishing the Council, while not one member in either end of the building has been authorized by his eonstituents to abolish or even reduce the House of Assembly. Your corr spondent is probably one of aclass, now happily almost extinct, who would like to see a House of Lords, Spiritual and Temporal, overriding our free institutiens,

to

CITIZEN. Ci’tewn, Mareh 3, 1881.

———— - + <= -—----

To the Editor of the Examiner.

Dear Sir,—It was noticed yesterday, in the racks of the Guard of Honor ana spectators generally, that Governor Liavt didnt deign te acknowledye the salute, either ou his arrival at or departure from the Pro- vince building, even by as much as a glance for one was rather puzzled to fiud a reason for it. It econld not be that iis Honor forgot his usual and manuer that he is so justly celebrated for; nor could it be that his mind was preoeceupied by weighty matters of State, as it must be supposed that when he leftthe Council Chamber be left the cares of State behind shim, and that he would then have seen the Guard, and made

| them happy by alook ; nor could it have been | because the Band didn’t play the National

Anthem, that his Honor was displeased, as I don’t think he belongs to the Royal Family. What then eould have been the matter’ I have come to the conclusion after turning the matter over three or four times that it is not

Houor, and that all previous Governors and other officers who were in the habit of lifting their hats on similar occasions, were altogether ignorant of good manners or true politeness, Yours truly, One oF THE GUARD, Ch’town, March 2, 1851.

| polite to acknowledge a salute by a Guard of j

-_—° —_ e—-

Starch Factory. ( For the Examiner. )

A meeting of the farmers of Mill View and adjoining districts was convened at Mill View School House on Monday, the 7th ult., for the purpose of discussing the advisability of encouraging the erection of a Starch Factory in our midst. The meeting was called to order by appointing Mr. Angus McKenzie Uhairman, and the undersigned Secretary.

Messrs. Fdward Grant, John McGillivray, George O'Neill, Walter Grant, Thomas Wright, Edward Fraser, and several others addressed the meeting, setting forth in a clear and concise manner the gieat advan- tages to be derived by having a Starch Fac- tory established to open up a market for our

geen. 100 88 surplus potatoes, as, owing to the uncertainty

of the foreign market, and the inferior qualit ASSETS. . rq y ‘ we of our stock for the English market, it seemed Specie and Dominien (Legal Ten- Mihm possible to utilize them to advantage. der) Notes‘ $79,646 40 | Yhey also expatiated on the time, trouble and Notes ef, and Checks on, other expense saved in selling to factories, compared Banks, 20,480 62) with tho iaconvenience and expense of culling

Balances due from other Banks (ineluding Bills of Exchange remitt<cd), 4.608 46 Government agd City Debentures 12,350 00 Assets immediately available 177,084.88 | Notes and Bills discounted 537, 180.72 | Cash Accounts and other Assets 221,894.97 Bank Premises in Charlottetown and Summerside

31,969.78 | $968, 130.35 | PROFIT AND LOSS ACCOUNT.

To Dividend No. 22, $6,488 89 | Dividend No 33, 6,488 88 | ‘* Balance on hard, 2,070 91

$15 048 68 | 606 51 | ** Net Profits for year, after pro-

viding for bad and doubtful

debts* 14,442 17

SIK.048 68]

GEORGE MACLEOD, Vashier.

Tentn Annual Statement of the. Merchants Bank of Prince Edward Island.

LIABILI/ Ika.

$55, 262 00 55, 968. 84

Circulation

Deposits bearing Interest

Deposits not bearing In- terest,

Due to other Banks,

44,270 99 3,4 4.97

Liabilities to the Public $189 946.80 Capital 146 000.00 Reserve for Interest 909.00 Profit and Loss 392.05

$337, 238. 85

ASSETS,

Specie, Gold and Silver $20,929.31 Notes of & ch ques on

other Banks 5,020 89 Due from other Banks 78,542. 17 Debenture 500.00 Bills of Exchange 6,604. 64

Assets immediately available $111,497.01

Bills discounted 80, 818.19 Jash Aceounts 74 583.28 Stocks 13,098 93 Real Estate 1,983.01 Mortgages 8,910.93

Overdrafts and Notes bad and doubtful 42,641.84 Bank Premises and Furniture 3,706 86 $337, 238, 85

PROFIT AND LOSS ACOOUNT. . To Bad Debts written off $11,010 86 ** Balance te new Account 392.05 a emacs

$11,402 91

By Balance en hand March 4th, 18-0

$ 1,262.04 ‘* Net profits for the year 10, 140.87 $1),402.91 Wituam McLray, Cashier.

The Husbandman.

Give fools their gold and knaves their power, Let fortune’s bubbles rise and fall ;

Who sows a field or trains a flower, Or plants a tree, is more than all.

For he who blesses most is blest ;

And Ged and man shall own his worth ; Wh» toils to leave as his bequest

An added beauty to the earth,

An! soon er late, to all that sow, The time of harvest shall be given ;

The Hower shail bloom, the fruct shall grow, If not on earth, at last in heaven!

| necessary quantity

and preparing for shipping.

Mr. George O'Neill alse prceposed the establishing of a Creamery or ( heese Factory, and considered 1t could be worked im conjunc- tion with a Starch Factory, as this locality is unsurpassed for enterprises of this kind, where suitable sites, within a few yards of Main

| Road, can be obtained, convenient to ship.

ping, and surrounded by a large and prosper- ous farming community.

Several other gentlemen spoke in favor of Mr. O'Neill's proposition, and considered the of milk required for a Cheese Factory could be easily obtained, and the establishing of both Factories be made profitable to farmers and capitalists.

A resolution was now passed, callirg on farmers to give the products of the quantity of jand set opposite their names at fourteen cents per bushel for the term of five years, to

| which they readily responded by subscribing

fifty-three acres

Committees were then appointed for the several districts, to take charge of Resolution, solicit subscriptions, aud report progress on

| next night of meeting.

After a vote of thanks to the Chairman, the meeting was adjourned to meet agaia on Thursday, the 24th ult. Mr. Rebert Me- Rae presided on this occasion. Owing to the very severe weather and the impassable state of the roads, there were very few in attend- ance, and the returns from the outlying dis- tricts were not handed in. Those present, who had canvassed, spoke of the interest taken in the enterprise, and the success at- tending their labers. Atter an animated dis- cussion concerning the matter in hand, it was resolved to further postpoue this meeting un- til the 17th day of Murch next, to re assemble at the above mentioned place, at the hour of 7 o'clock p. m., by which time the retarns from the several districts will be handed in, when we expect to be able to show sufficient inducemeats for enterprising capitalists to undertake the establishing of Factories in this locality.

It was farther resolved that a synopsis of these meetings be forwarded to the publishers of the consolidated EXAMINER aND ARGUS, respectfully soliciting insertion of the same.

A vote of thanks being tendered the Chair- man, anda suitable acknowledgment return- ed, the meeting was brought to a close.

J. R. Bourke, jun., Secretary. Mill View, Feb. 24th, 1881.

‘CHALLENGE.

fo Peter Rose, Esq., Last Point.

IR,—As you have stated to several parties

that you can and do wive more flour and

better quality than can be had at SUUKIS STEAM MiLLs.

1 have no objections to give you an oppor- tunity to prove the truth of your statements, and hereby ehallenge you fora trial match for from ten to fifty dollars a side, trial to take place in March, to be deeided by three disinterested parties,