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THE GUARDIAN

An Independent Journal. untrammellod and faarlessiaiming to be Just. lmpartlal, Reliable, News!

sffkiug at all tim( to further the bert i!‘ crests of the neoplc.and recognized therefore a.-

The Peop1e’l Paper- Published at its otllces. New Pf0\\`§¢‘ Bl0"k

North side Post Omen. at the following rates.

yable in ad\'ancc:-

gorning Edition. daily (except Sunday) three

x months $l.(l§‘£er _ _ . . . . ... Lili :.mi-weekly ` 'tion on . ur. per

G':$l.50; in advance . . . . . . . . . ...i . . . . . . . . . ._.L25

'eekly Edition tThursday) per year

#l.`25;in mlvnnce . . . . . . . . . . . . . . . . . . . . . . . . . ...l.00 Branch Offices have been established at the following Dlfwer- where <n‘.:-ncriptions may l‘»~ paid. news furn- hhed, adrertisiiig. iob work and other bus-1 less trawactedz- ' _ Iummemide. (_`urrie`s Bookstore-D. l\. Cnrrif

Manager.

Alberton, Alberton Bookstore. G. S. Muttart

Agent. Fr-'1ri< Fast. Telephone ofilec, R Seaman.Azcn'

.l~l~I. B. MCCREADY. 1-I. P. HOOD.

Editor. _ Business Alaiinzer

llll MORNING llllllllllllll.

a '_ _ . _._.__..l-. _'~

\\`l~IDS.\`ESllAY. JUNE 28. 1899

to borrow money at will for less than 3 per cent. This \is because of the[ almost perfect security the y are able to'furnish,the promptness and regular- ity with which the interest is paid and the large amounts they boi row. The t`aruier’s borrowing is in relatively small sums. Even with perfect se- curity he could hardly expect to bor- row $lOO at the same rate‘tht_it the _ government of the countiy can bor-‘ row S-5.000.000. Many who borrow money are very careless about the] payment of interest at the stipulated times, and their credit suffers in conse- quence.

No doubt in some instances an ex- orbitant r'..te of interest is exacted ' from a borrower, that there is a largel class of borrowers whose credit is not good, to whom few w_ll lend or give monfy except those who exact a high interest. A man's credit may be impaired because he is poor, or has been unfortunate, or is shiftless, un- reliable or dishonest. To any of these it may be impossible to borr w money at the rates current among 1

INTEREST AND USURY. -those who are honest, reliable and

A correspondent _whose letter ap-

pears elsewhere in this issue deals with the vexed question of interest and usury. ln the olden time inter- est and usury were identical terms. 'l he taking of interest for a loan of money is now a. legitimate transaction and it is only an exorbitant or unlaw- ful rate of ii.tere-r that is spoken of as usnry. But any ra‘e of interest for mo 'ey was unlawful as between Jew: under the Mosaic law. The Jew might exact interest from a stranger to whom he loaned money, but not from his brother Jew. Many passages might be cit»d but Deuter- onomy 23: 19. 20 expresses the then existing condition of the law:

‘-Thou sla‘t mt lend upon usnry to.

thy brother. usury of money, usury of ricuils, u<ury of anything that is lent upon u.~ury. Unto a stranger tuou 'mayfsi lend upon usnry, butunw thy brother thou shalt not lend upon lwry-"

The meaning 'of the ‘ word "noni y”

i\:tho pomtge just quoted was

meaning that we attach to"th_e word “interest” in _ our time. l But lhelaw was b-oken, Hebrew *did loud oney t .[elirew,oxac'tin inter

prompt in their payments. And the l. cal borrower most always be mainly dependant upon a local lender for a loan of money.

_It is quite proper that a limit to

the rate of interest is fixed by law, but the conditions of supply and de- mand must also be taken into ac- count. If a low rate of interest were fixed by law ersons of doubtful

to borrow at all. Such persons would hardly find theincircumstancee im- proved by the legislation they now think desirable.

1 4

Haod’s Pills

A ` fro 1 N ‘tulrii-:’sI_’1i.1eil)drl;‘xativi:'s, and while egcntle are reliable -and cient. They _ ~

cm _st¢k Hwushe, Bit. sei”-._--Sow awww, asa c°nssp=u¢mf'ff soi- T ribos-

_ \ _ \» _ g ~

hesitate' ‘evclnto reduce to 'for`1|l`lr-*pay “ ~ -~.- _.i-_ ' -~ .the donuucx;

_ h»n;v¢0ro.x.neuao».__|»sqi.pn.

_-4,.-.2 1 i. ,

by the law `

»~r-Md "l’B6ll)

' "` ys inthe

world andinallages it has led to

M rn# Eirmgesss for Vnwmpé

Uhristian dispensation either unjusii ~ -' f i"&l3§‘ ff i _ . A ' i I i ' A 0 V 0 _-' _

or sinful. A man who possesses ig; --.*`.__ -e .J ta ___ _ar ` ` ,_ _ . ’_g, _ ,__';_'_ _ T , Q =1_II0‘ii\¢~r H8 Kem* *S much fight ., Frm-_éfren ‘ ` 0 f " ‘ '

ioderiveincrease from the $100 -asf _ ` ' __ _ A W 'V y __ . __ . . _ V . A _ -, _

honthe _hor-sei Annan who sells af 1 I A. ii' V I _i 0 in ? 0 if V Win sen 'very' very 1°' ‘ui

MQ W0lf»ll 88ll8 hill] f0l' thit DAv|3‘.&'LAw‘gNé'¢0_*L|m“d ”

piece of land for say $1000, and lends

the money to another who desires to Z E ’ the tmde

of vt; h-i;f‘"“” The Bumliuund lnvestmnl Pulicyi. r. i>eApnE~`~°§,°,¢§y»

mi.. 1...; wi. - ... ........ii._ e of the North American Life Gonhlns ’ _' ‘ l _ 0 or 0 nl' N0l°|11ll1

Our corres nuent raises the int

that money hp; no inherent powzi- of G

1 ' f . s Q o V

_ ~ . _ _ 1 _ y

increase within itself, and therefore W , _ ' _ I A * _ 1

“Fil” th” “° interest waht who I 1.-T t an ° '.1' as th ion. ° dat' 1 ui - - ‘ ai... The »-r»»me»= is fulwm ° rw. .f .i.§°,.1i§Z, ..‘2.fZ'i'.'£`l'?§.$.1’h. "` “ ' ° "°“ '” ° ° os... in ti.. N... P...-..'. _si...», ti... 'é2-"-’¢2!'f»€'».’!»“Mf-°-¢

2.-To loan the insured all premiums after the 10th year at a moderate or to thesrighqup atoirh. ‘

rate of interest'

3.-To pay the_ful1 face of the policy without deduction cf loan in event nr'

of insureds death. 4 - V _

as much right to a retum for the use of his money as he had to the increase

and the fallacy becomes apparent up- on a little consideration. Mcney ls commonly spoken of in the sense of value, and in this sense it has within » itself an increasing power., But in mother sense money is only the re. nlelaitative, or the measure of value and in that senee.it has no increasing capacity. It is true that the money if _ locked up in a chest has no increasing or earning power. And the same willbe found _equally true of lost other articles of value If left un- used. On the other hand,money put to

legitimate use has actual an in- For examP<|e'_f_a comet thft; 7 ~ ` _-` ' » IDST.-Between Charlottetown and N creasing, or reproducin power as an -

g y d ' A - » _ ` ‘ ~ » » 4

other form of value. Thus in the Dean 6 bmd' 6 Prevent _ _ = siili-¢igtl.'g1-'¢i|.?r.iiiti=°tiil| J

free use of every muscle-and e - » - - fm 2| 11

parable of the talents the _man with gt the same time Em smoothly ' :_ _ A V, 1 _ _ IDS:_;d`b“ch of ken Fha" vm the one talent, who hid- it in the earth and ea_Si1y_ V ; -' _I _ _ _ I 'liberally rewarded by leaving atgigts om

was told that he ou ht to have ut it

_ g P ' ' l , - f mmotion so that the lender might “p_ C. _ A';g{}‘f0Tv}7g°%$”f:"}”:f§H;§'u*,‘°§‘;‘d_f5°§': have received it hack with usury,_ Is the thin les t h- h Yu" 1'" always Bargains WANTED -A goo-1 smalrt. steddy boy agie

over the hip-git’s ncdiu aiig w P I i i 2£iiu6caro’e°;s' tivo:-sesho maiudhm homrnde experiemie

when the transaction was closed. ,md ‘med ~with n;te;i ' ' _ n _ S n ufnafufaboutgth use. Annlx? t= oih?e?ri’s,t¥

It seems probable thgg tha gun-en; 8 - Tt:-LET.-The house lateiy occupied by Mrs.

. _ _ HIPS- Johu Robinson Grafton Sz opus. Prince Wales

late Of lnterwt 0I` Il10|'tgilg8 IS higher ASK YOUR DEALER FOR "_ College. Apply at the residence of Mr. Wi than it ought to be in view of thein- ` wCl°"k° b°'°u"h Sq' st'

at marketi of t w y C K ‘ comfo~ta.b1y and conveniently accommodated

that is with increase or interest-

greaging Cheapuess of mone in the _ - WA.\T'l‘ED.-Two or three boarders can be

.U8 ’ s he Orld' The 0 . n ’ ' U at Mrs. J. A. Alley's, Upper Great Geomiége St British Government can borrow mil- ° ` ' ~ 3" 2" l- ’° _ 0 Quebec, P. Q, '_l‘0~LEi,-A house on isuston street. cou- ions at a fraction over .. per cent and 4-v~.»-...»~.fv--v~`.¢`., ,taining moe rooms, with oath, sewers ,

. ° . - ` _ _ stahl and ll ho .. 'J occu led

* t our own Canadian go\ ernment is able You always get what you want and it always is the best value, Mr. .Lost.°.`iiii>ly tduilr. iliivilori-is,p W

- ~ - - - - ll ~ tfeet, $81! W ks. Possesei

_ We are offering special discounts in toilet sets this weelf,it will pay you my nfs! D °' May gm?" _

to drop in and see our new printed bed room sets which are very cheap. WANTED -A 80011 H0118 8110012 G00d Bhd;

' ' To anyone who is thinking about house keeping this is the place to get i:1i'i%¢f|i3_e:£y j°b t° the right man’ A°pgt¢°t l

out in every line in Crockery, China or Glass ware either for Kitchen, EXPRESS WAGONE 0 FOR SALE.-'I"`w_5

Dining Room or Bed Room,eyerything from an egg cup up. lifgsfgiiigti. 'ii\"'ii1i's'i>sAii=%;ieiiPi¢i1`s'§i`im;,2f,i _ ‘ ____

We have some very beautifully decorated jet / black tea pots. These chmf- 1*’ ff-

l goods are excellent value it will pay you to drop in and see them T0LET“Th° 5°‘1‘h°1'”h“1f 0f U10 I-“U0 Ullhf

N bl ’ (_,~ _ ' Justice Ifalxnefs House on Queen Street -->

h o trou e to show goods, some one, come all, and if you geapad grain txt witsii. wE1{~{¢in¢EughIgsal ew. urns rw pres" er and

t _ '_ en m era . DDY irs. . mei a parmgf q |

W a you want 35k for it _ Queen St. or H. James Palmer. Ch’Town how Cave llfeloel lllansgnlde

l3_f land and Boston

Fon SALE C 1. B

_ _ _` Rinse .rr ‘snnicsx tunes.-A The service pei-rom fi ty <- l3ui1_ding Lot situated on Water Street, ad- fleet of ncw,'-itvel twnib scriu

_ 1oin_xng,\.onnolly .~'Est-ate. Suitatle for a good fast Pullman Palace t a c\pr ss

I - business stand S'ze 82xl60 For further ar “ho

- , ticulars ap ly io hire. W. K.ennedy, Cardigan- 333233;-|n§?`;gSmtfgrta2n

Br1d.eeP.<l°. 2»d1w.»-1ifd r..f..ii ...f.,m...s°..

1' Oli SALE UR 'i0 LET' CHEAP.-A dwe 1- “VL Write to F H Arn ~'rong

Mann ` iiggdhoustiiargiegarn with abogitgill of afn acielhf Passenger Agent, Kentville N *

n o Road r

n e eque . es om Ub-

Wh 1 ‘ ° town, a. first-class stand for a Elacksmith. .

oesaie and Retail. Apply” me ummm” Mm Mm H “deb P CIFKINI, |09!

1 son, ortoJ_ J: McKmnnon, Ch'towu.¢5dkw1! K3’°d?fY|||. N .

une moe

éfmiilfllllflmillll'lllllll 5"

from

73"'MMU'Yllllllilmlillilllliillilllliilmlilmiillllliilllllliilg

Spring Trade

The time has come when you should look up yo WaI‘(ll'0lJ€ and se how _yeu are Fixed for spring “ah ln the event of you deciding to invest in a suit; or overcoat, etc., act promptly by ordering the

T. UICKEHZIE, .`|1§3,,P§ Tail” wwmwwwwwwwwmwwwmwwwwwma

msvmioygmsommss

on need comiortahlo clothin

umuuuuiutuluuut

El '1

Pleasant view;-nmol, Hampton, P.~E. |. `

MATTHEW "SMITH, PROPRIETGR.

THIS HOTEL. situated in one of the most beautiful pam of Prince

Edward Island, has become a favorite resort.

It is within a stones throw of a splendid beach, 'where the bathing is

unsurpassed.

The hotel is comfortably furnished, and a good t-able is provided.` ' ‘ Pleasant -View Hotel 'is distant from Charlottetown about 19 miles by _

Bonshaw Road. The drive is one of the prettiest to be_had. From ("»~upaud the distance is 4 miles. Coach meets the boat at the latter place to c .nvey passengers to the hotel.

Intending visitors may makearrangements by writing to the pr |»"ieto:_

or by enquiring at the Examiner oiiice or. at J ehnson & J ohnson’s Tour-isti Information Bureau. _

TERMS:-$5.00 per week; for family parties, $3.00 per week,

Hotel will be opened for season on July lst,

MATTHEW SMITH, Proprietor.

Men`s and Boys’c|uthing. Tl5N’T

ORDINARY

credit might nnld themselves unable. _

U Suits

look at r ur

Qmeamwseeeee _C CQ w 'QCD UT l-P CD

_ ,_ _ _

~ ' .iwhenfm ber at eb¢r8#i°_1t¢ _

35 P61' C3315 at a' .1 f . ~ -.i i " _

THE GUARDIAN 'JHARLO1'1ETOWN, JUN/E.-28 1899 -' -"-' '

WHERE 'PHE .HOLIDAYS llll BE _ PLEASAllTLl SPEll'l‘§

' \ . .

Values that We Wish you to.. Will be held onSh'aw_’s_Fieldnoar

call and see, when we ask you to

¢,lleady-in-iuyar lilulhing _

Because ordinary values you can see anywhere but it’s a. saving of at lea`s`t 35 per cent on you pur-

chase. ‘ _ _ :

How can we do this ?` _-

_Thereason is we ‘_ bought the

goods that _much less at th'e‘Doull

!gn,§,,;,,_`,,`.;,.. _ is s= ~ .-.»-;<':.;;-,s=.§".ir.@<g;;_f.-.;-,Q5si-:trite .f ' K-.it ._

V ` » lil..

the Steam Moira Go Round, ls one to attend the annual Orange Tea and Cele- tr~»tion at-Bradsltiano. This form ot amusement. with its Military Steam

creating an unusual interest wherever it goes. is in greter demand this year than ry over befrr ~,a.nd anyone desiring to on-. gage it should writa Mr. Mtttarc. it the Revere Hotel, Charlt ttetown, at once. T' I efore all dates are billed.

FRINGE STREET »

sunoav sci-loot.

Wednesday, July -5,.

Tea Table for Visitors will be supplied

with good thingqalso an Ice. Cream and

_good management. ‘Old and 'young may

Vi store’ Return Ticket 25a, Tea 25c

at 9 o’t-lock s. m. and 1.80 p. m. Rotorua

“F01” Camp Bl'l§lli0Il. asthma ou: oo.

`Illes'r.if€fl and o'h r papers ard ni". nn., an

magtaninaslor the use t-I utilila ,, mm now in can-p, will be grbtdfhlly node. ig Q, 5, gn* eo and distributed bythe underfigned, become. :nut it has lu

Taos F. FULL!-:R'roN, Gluten Kota oomooml la

S5, Jamgg Mmm. ohne, but will permanently

ence of asthma ll from Q

I' J Paintol. proprietor of

Ammo the many engagements being INR

made by Mr. Geo. Muumt. owner ol 5°"

Band Organ. ilsying modern airs and 2:'

For S ile By (,eo

| I

Melhudlsl ChutchH

PI Gtnmmi

4 - - AKD-

wesr ntvsa amuse. 1 -_ _ PEI

Refreshment Booth. 'Aniuhmonls child' with Ill lllii

Steamer Southport will leave Ferry Whari__ _“___

°'~'°~ 1--hr 1

&_° __(_}ih’son. great an to give our customers t le,

of_ the low; prices paid for

r _We dlvvavse it 4

.. ._ ._ ._ __.,_

., _.- -_

4.-Paid up insurance and cash surrender: value after three years. ‘ ` -5 _ _hs g _ __ 5.-No restrictions-as to travel, residence or occupation after one year. _ _ '

fl _LEADERS Ili LOW PRIES-of L, it as. i... Q..

7 .-Incontestibility after one year from date of issue. WANTS, i-osTs» Fo For rates and information apply to

the £01' Oollidnerl $&Finder will be

57lQ,v#§§»o with W'WClM'k

_ . . _ . _ _ 0 0 o 1 ‘ ‘ 1 r- s.‘£ti‘.‘i@‘%‘»"’.t.¢.i...“".?1;‘..“”;.'3.°.£.‘”’...

For enpynhle ,yheeling < ~ 1 arlottetown in gm win bi, _ ,L11 T

__:; ~ --- -»-_-_-~ A ~<=--

6.-Thirty day’s of grace in renewal premiums. ' ` `

.$3 nor 00

be oo.

, -.,;s_,.l' f. - \_` -» ,‘;~.

_-_. »~.‘,

town, yer Sq Polino.

_._-.

I » .

Yost-fda on Main Street two purses

cr ntainod £5 with tour Plant line cheek!

- A

rains. ?;......'§?;°“’ ° ‘°

_ P, s

June94 _ _ _ _ at8p.».

_ r - I ratnaaas.

_Y , __ I

~» TR lol'

H R 0 N I

Rlrerllrldjeavalise. Finder willborew E in ~ -

_ *'?3”'“"' ..

BYBYY