——_-
:
T ~ VOL. 5. Cracked Corn and Bran. FOR SALE LOW: oY BAGS COARSE CORN MEAL, Ld 130 * BRAN. Owen Connolly & Co, Ch'town, April 18, ’"78—6w jaw FURNITURE REPAIRED ND RE-PAINTED- Chairs Re-Caned— Looking-Glass Frames Refitted, and all kinds of Machine Work done with satisfaction and promptness, at
JOHN NEWSON’S. April 1, 1879—3m
RON BEDSTEADS.
es & DOUBLE—Best kinds—-Cheap.
JOHN NEWSON? April 1, 1879—3m
UPHOLSTERY WORK.
N ODERN STYLES—Best Finish—Cheap- est—Promptly delivered. JOHN NEWSON.
April, 1, 1879—3m
Looking Glasses and Mirrors,
7 STY LES—Cheap. JOHN NEWSON,
April 1, 1879—3m
100 PARLOR & DRAWING-ROOM SUITES, in raw Silk Poil, Silk Cota- line, Silk Repp and Hair Cloth—Styles un rivalled—Stock large—Prices at cost.
1d BEDROOM or CHAMBER SUITES —LEvery variety of design and price—
Never before so cheap. - JOHN NEWSON. April 1, 1879--3m
FURNITURE.
Ted on STOCK —Greatest Variety — Best Quality—Cheapest in every grade. Call and examine. April 1, 1879—3m Bedding, Matrasses & Pillows EST MATERIAL—Hair, Flock, Excel-
sior, Straw. JOHN NEWSON.
JOHN NEWSON.
April 1, 1879—3m
Coal. a Coal.
N HAND, and ready for delivery, Round and Nut COAL, fresh from the Mines. Terms cash. CAPT. JOHN HUGHES, Water Street. Charlottetown, April 28, 1879-—1m
Property for Sale.
fb BAPTIST CHURCH PROPERTY, situate on Great George street, will shortly be vacated, and is now offered for sale by private contract. Apply to either of the undersigned. ON SCOTT, Kent st., Srieshock
JAMES DE-=BRISAY, April 14, 1879—eod tf FLOUR. | FLOUR. IN STORE AND FOR SALE BBLS BAIN’S CHOICE, 100 ** TROPICAL — Celebrated and Choice Brands. 300 ‘* BAKERS’ CHOICE,
500 *“* EXTRA and SUPERFINE, 200 ‘“* Kiln Dried CORNMEAL, —
Owen Connolly & Co. Ch’town, April 18, ’79—6w 3aw
WO. 68. NEW BOOKS
JUST FROM LONDON.
HYMNS FOR ST. PAUL’S CHURCH, HYMNS, ANCIENT AND MODERN, (Also with Prayer Book in Morocco Case.) METHODIST HYMNS
Reference and Gelic Bibles, Prayer Books, Tracts, ; Church Services, Catechisms, etc. Books, Cards, Papers for Sunday Schools, Lett’s Diaries.
A FEW SCHOOL BOOKS, Can now be had at
68 GREAT GEORGE STREET Opposite Lewis’ Photograph Gallery. Ch’town, April 26, 1879.
COMMERCIAL
Union Assurance Company, OF LONDON, ENCLAND. CAPITAL - - $12,500,000.
NSURANCE effected Against Fire on all descriptions of Property throughout the
——\.
aa” Low rates and prompr settlement of
HORACE HASZARD, Agent for P. E. Island.
Ch’town, Dee, 20, 1878—
at ee renee serene
- CHARLOTTETOWN, PRINCE EDWARD ISLAND, THURSDAY, JUNE 5,
83 Queen Street.
NE
GOODS,
Ex ‘* Prince Edward’ and other Steamers.
All earefully selected in the Best and Cuearrest Markets.
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BUuACK
DRESS SILKS f
Best Value ever offered in the City.
J
SHIRTS
FROM 6C. PER PAIR.
NSTTre’
LINDERS & DRAWERS, SUSPENDERS, é&c., Cheap
s
LADIES’ COTTON HOSE. CEG
EMBROIDERY,
From 4c. per yard, a great selection.
LADIES’
DRESS FATERIALS! all at Old Tariff prices. Millinery, Hats, Feathers & Flowers.
Lace Curtains
at prices to suit all customers.
Best Value Yet Offered
20
JAS. DesBRISAY
May 31, 1879.
| terday. at Middleton, N. J.
NEWS BY TELEGRAPH.
UNITED STATES. isLAND Ponp, Vermont, June 3.
Medical investigation of the cases of the **poisoned”’ ciildren proves that the deaths were Occasioned by diptheria aggravated by foul and poisoned water. Those reported sick will recover.
SAN Francisco, Cal., June 3.
The steamer to-day for Hong Kong took 17 Chinese lepers, who had been inmates of the country poor house for several months, and are now shipped to China by. order of the Supervisors,
LEBANON, Pa., June 3.
This evening Peter Hower, Tax Coilector, and Const ble Leiminger went to che residence of Wm. Ubrich for the purpose of selling his goods seized for taxes. Ubrich shot Leiminger in the abdomen and Hower in the shoulder; he then shot himself dead, Leiminger is ina critical condition,
New York, Juue 3.
The American Museum, on the Bowery, was burned to-night; loss $20,000. One of the curiosities, the man without arms and legs, was overtaken by the fire, but managed to get upon a window with his stumps and got on a transparency outside, where he clung till rescued.
Miss Elizabeth Dorsett, aged 102, died yes- She had convers- ed with Washington.
The thermometer in New York yesterday averaged 834, against 59 degrees on the cor- responding date last year. Two cases of sun- stroke are reported.
Despatches from Panama say: The conflict for the Presidential canvas is very exciting. In the capital of Columbia, the sessions of the House of May Sth, 6th and 9th were marked by the most disgraceful disorder. The people openly expressed their contempt and hatred of certain members, whose hostility against the executive has been most marked. The populace threw a volley of stones, which were met by shots from revolvers in the hands of members. Cn the 7th, General Trufillo, at the head of a battalion of Columbia guards, cleared the galleries, adjourned the session and marched the hostile members home under guard,
Boston, June 3.
Wallace Ross artived in Boston to-day en route to St. John. He is well pleased with his success abroad. He leaves by St. John steamer to-morrow morning.
New York, June 3.
lt is stated that Courtney has agreed to row a three mile contest, or a mile and a half and return race, at Perry, Silver Lake, Wyoming Co., New York, about the 10th of July. The vame of his competitor is not known. He denies any match with Hanlan as reported.
CHAPTER OF CALAMITIES. New York, June 3.
A Milwaukee, Wis., despatch: There has been great damage by forest fires along the Lake Shore, Twenty buildings were burned near Hornspier; also a number near Ahnapec ; many families are homeless. Three miles of telegraph poles were destroyed, cutting off communication with Sturgeon, where it is sup- posed considerable damage is done.
Sr. JosEru, Mo., June 3.
A despatch from Covington, Ky., yesterday, reports 30 Geaths certain and 53 people badly injured by the recent cyclone. The people want money to get necessaries; 10 were buried yesterday; 50 to 60 families at Frank- fort, Ky., are fhougeless and destitute. The citizens of that place donated $700; more aid is needed. A despatch from Sabetha to-day says 75 to 100 persons are destitute in the vicinity of Beattie; bedding and clothing is in great demand.
Rog, June 3.
Mount Etna is ejecting enormous volumes of ashes, and the destruction of , property is immense. The Commune of Majo has been obliterated, and Casello is threatened. Many large and valuable estates have been de- stroyed. The four main craters continue to pour streams of lava, while many smaller ones have become inactive. The stream of lava which interrupted the road at Passa Pesaro is half a mile wide and one hundred feet deep.
VIENNA; June 3.
The construction of a dyke around Szegedin has been finished. It is hoped that the town will be dry before July.
Wasnineron, June 3.
A despatch from the U.S. Consul at Tri poli gives a fearful account of the drought in Barbary.
Srvua, June 3.
The famine in Cashmere is very serious. Great distress prevails throughout the coun- try. Many towns and villages have been de- populated. The authorities are sending assist- ance to the sufferers.
Sv. Pererssura, June 3.
An attempt to blow up the Court where the military tribunal is sitting in Kieff has been discovered and frustrated.
SOUTH AMERICA. VALPARAISO, May 8th, via New York, June 3. Eeuador is about to offer her services aS mediator between Peru, Bolivia and Chili.
(RANT IN THE EAST. New Yors, June 10.
The steamer Oceanic, at San Francisco. Cal., brings 836 Chinese. Advices from Hong Kong, May 16, says :—Grant’s visit absorbs public attention everywhere. He reached Hong Kong on April 13th, and was received with salutes and other demonstrations; all nationalities and public officials joined in wel- coming him. He reached Canton on May 6th; 00,000 people greeted him; he was received with great ceremony by the Viceroy, salutes being fired and the troops mustered ont; a luncheon of 80 courses was served.
X AMINE
Why is Trade Stagnant ?
(From the Monetary Times.)
This question, constantly asked, has been answered in a variety of ways. Professor Bonamy Price, in the current number of the North American Review, furnishes the latest solution. His belief is that over-con- sumption—‘‘the consuming and destroying more wealth than is made,”— gives us ‘‘ the true explanation of that commercial de- pression which may be termed universal.” In India and China there have been great famines, which destroyed the whole cost of cultivation, in laborers’ food and clothing, the seed sown and the wear of the tools used. A year’s capital was anuihilated without be.ng repreduced, and the power of buying is gone. America has sunk an immense amount of cap.cal in railways which yield no immediate return. This leads the prefessor to expatiate on the dan- poet an excessive creation of fixed capital.
e defines excess to be ‘‘what goes beyond the amount of uninvested savings available at the time;”’ and savings to be ‘‘ the amount of wealth produced, the surplus beyond what restores all the capital laid out in production, profit and wages included” —‘‘the surplus revenue coming in beyend what the owner had to spend naturally, or the manufacturer requires to replace all his cost.” If railways be built out of capital, and not out of savings, Mr. Price contends, the country will become poor and de- pressed.
Without disputing the general principle, we may be permitted to note some remark- able exceptions to it. Canada has built her canals, not out of savings, but out of borrowed capital; and the process instead of impoverishing her, rescued her from what would have proved hopeless penury. Before the eanals were built, ‘she used to send a little grain down the St. Lawrence rapids on rafts. If she had been limited to this resource, or any other short of an imprevement in the navigation, her export trade of grain to Europe would scarcely had an existence. The construction of her canals enabled her to export all the cereals she could produce, and for which a market could be found in Europe. Her railway system extended the area of cultivation,and made it possible to move the surplus crop to tide-water, in winter, instead of keeping it over till spring. When the return is in- direct, it is less easy to be sure that it has come. ‘The construction of the canals may }have caused a sinking of capital which was not at once compensated for; but we do not think it foliows that the limit of juadi- cious expenditure was overstepped. The building of the railways unfortunately en- tailed a heavy destruction of capital; and though some indirect compensation came intime; it did not always come te these whose capital had been sunk. England was impoverished precisely to the extent thai the capital she put into ‘our railways proved unproductive; to that extent, her means of buying was lessened.
Over-consumption, in the form of railway construction, increasing the demand for iron, coal and other things, raises profits and the rates of wages, introduces luxurious expenditure ; ‘‘ multitudes oF bankers, steck-brokers, engineers, manufacturers, multiply their purchases and enlarge the destruction of wealth;” marriages are more numerous and take place at an earlier age. When the rebound comes, “ there is no more to buy with, and overwhelming is the collapse.” Then itis that commercial depression punishes the universal miscon- duct with acute suffering.
a Ee
A Catholic Colonization Scheme.
A number of Roman Catholic clergymen and gentlemen in New York have originated a scheme for the removal of Irish Catholics of the work'ng class from the large cities of the United States. to the prairie lands of the West. The plan has the special approval of Cardinal McCioskey, and was originated by Bishop Ireland, of St. Paul, who Hegan the work in a su:all way four years ago. ‘The As- sociation which has been formed for this scheme of co'onization is to start with a capi- tal of $100, .). This money is to be expend- ed in remo ug eligible Iris. | working men to farms in the West, purchasi: + a piece ef land, building a cottage, and pre: ring a portion of the prairie so that it m-y be eady for c: ltiva- tion. A certain number o.: years will be al- lowed to the colonist within which he will be required to pay back the money advanced-.on on hisaceount Sxch a plan, no doubt, will prove very beneficiai to poor families, no mat- ter in what city itis pat in operation, and if the right kind of colonists are selected the imembers of the Association will no doubt be | repaid in t'me the amount of their outlay.
i —_—~ +--+ <a> o
| Tur postcard is a favourite device of the idun to make his victim come to time. He thinks that his debtor will not care to let his ‘servants, or others of his household, know that he has a balance against time at his |butcher’s, tailors, grocers, or bootmaker’s, and will promptly respond in order that the open missive may not be repeated. Some- times the dealers imagine that the card gives them an opportnnity not only to dun, but to insult people on their books. A Rochester ‘music seller thought this, but he reckoned without his host, and will now have to pay for libel fifteen times the amount that he al- leged was dueto him. He wrote to a clergy- man in New, York as follows:-——‘ You still owe me $20 on a piano you stole away from here, and should turn over a new leaf and pay ‘me the balance; for example to your children be honest and send it.” Mr. Schmidt, the clergyman, entered an action, placing his damages at $10,000, and the jury gave him $300 and costs, which the Rovhester man will have to fork over.
1°79,
- ee — ee
T N (), 13. ie yee lace iE acne GUANO! pv BAGS, powerful fertilizer for Gardens ov or general purposes.
CARVELL BROS. May 19, 1879—pat 2aw Im.
SEED WHEAT.
OR SALE, 150 Bags of the CELE- BRATED CANADIAN FIFE WHEAT. OWEN CONNOLY & Cv, Ch’town, April 18, 1879—6w 3aw
ALBION IMIINES,
PICTOU, N. S.
gen and ROUND COAL can now be obtained at the above mentioned Mines. For orders apply to
G. W. DeBLOIS, Sole Agent for P. K. Island. Office, No. 35 Water St., Ch’town. Ch’town, May 6, 1879. pat tf
SUMMER RESIDENCE,
WO LET—That beautifully situated Sum- mer Kkesidence known as ** @ZLEN STEWART.” Possession given immedi- ately. For particulars, apply to HENRY BEER, Sonthport, or to F. L. HASZARD, Charlottetown. . May 22, 1879—2w
TO SELL OR TO LET.
fg 0 Two-Story Dwelling House, Garden, Coach House, Stable, etc., on Grafton Street (West) opposite the residence of the undersigned, and having a fine view of the harbor. Possession Ist June. Apply to JOHN W, MORRISON,
May 17, 1879.
CHILDREN’S GOODS.
UGGIES, Chairs, Cradles, Swinging Cots, Go carts, Cots and Bedsteads, of every class, cheap for cash.
: MARK BUTCHER. May 1, 1879--
. House to Let.
NE HALF that desirable Two and-a-half
Story Dwelling House situate on the
easter side of Upper Prince street, adjoining
the grounds of the Hon. Jadge Hensley. Possession yiven immediately. - Apply to
E. R. BROW,
at Messrs, Hodgson & McLeod's, Water st.
May 7-—~eod
TURNIP SEED.
A LOT of that special kind which 4% gave such excellent satisfaction last year. Also, Laing’s, Skirving’s, and Green
Top. BEER & SONS.
THA «TEA PBA 19
Packages Now in Stock. very Low Figures,
Something very superior, and at
BEER & SONS.
May 22, 1879.
Glass. Glass. Glass.
30) BOXES, all sizes, VERY CHEAP. BEER & SONS.
May 22, 1879.
2
Clover and Timothy Seed. > yy POUNDS ALSIKE CLOVER, 2,0 y 10,000 do. RED CLOVER,
300 Bush, TIMOTHY SEED,
AT WHOLESALE AND RETAIL. Gwen Connolly & Co, Ch’town, April 18, ’78—Gw 3aw
MOORE & M°DGNALD, CABINET-MAKERS, UPHOLSTERERS, ETC.
Ce | TS, in Black Wajnut, Ash, &ec. ; Parlor, Hall and Dining-Room Far- niture, in the latest styles.—We are prepared to meet the wants of our customers with pune- tuality and despatch.
REPAIRING neatly executed.
PicruRE FRAMEs aud Mouldirgs constantly on hand or made to order. All kinds of Household Furniture furnished. #@ Don’t forget the place: Opposite Mrs. Robertson's Hotel, Souris East, P. E, Island.
April 12—2m eod
E. G. HUNTER,
Italian aud American Marble, Monuments, Tablets, Headstones,
Manties, Cexrerr Tasie Tors, Bureav AND Commopr Tops, Wasa Bow. SiaBs, &c., &c.
Prices to suit, and satisfaction guaranteed. a@ Designs furnished on application. @e Corner Hillsborough dnd Kent Streets, Char:
; lottetown. November 6, 1878.
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