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JRTANI READING MAT'I'_E,R §ELECTED FROM THIS WEEIl'S NEWS FOR Tl'IE_lilIARDIAN.’S SATURDAY

esteem

elected

A DELIGHTFUL AFFAIR.-The

entertainment in Grace

evening \\'as a really

affair. The programme

with a selection by the

n _

it was

witii which s e was held

God Save the Klng.

of Halifax was re-elected Polon- The Ceremonial was largely at-

The various recltations.

and choruses were excel

re dered, and much enjoyed by

audience. The most impor-

was a cantnta, "Father

the Fairies," which was

staged and splendidly beautiful colour effects

on the performers by Mr with his lantern added greatly pretty picture. Over $45 was which will be devoted to the Relief Fund. The committee

deserve the greatest credit splendid success of their

EXAMlNATIONS.- The examinations of Rose

was held on the 23rd,

in the presence of a large num- f pupils, ratepayers, und visitors. scholars who were examined by teacher Miss llevereaux assist- J. S. Buchanan, P. W. C. stud-

showed by their prompt and I ac-

that they had been energetically trained.

History de-

l tl '

hug beef ithere is ai character “made up" to

to the “WHL represent the Kaiser. and for this

reason “ The Ordeal"-being highly

being nearly .

to leave Um anti-Gorman-found no favour in some

d te. A l t lan X sxfort-iiutronised hy Germans. The story

f.l.II( I0 C C CU » , .

were rcmlemd bm_qis a magnificent one, and the projec-

Bw I- I f tl ,tion of the film at the Peoples Theatre

L \

fiiportant event. When the had treated the pupils with

they, to show ‘the goodwill and

1 H.

her with many

were indeed

acknowledged. The

finally came to a close by

-rcs.

it, _ Eli U Headzziziotall' . ,,

- . , TORONTO ,

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snssinsnristuisnsvscuootron sovs , ‘-

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Boys prepared for the Universities, Royal Military College and Business

UPPER and LOWER SCHOOLS

Cnllnslnr sent on application

Reofcns aflcr f 'hristmas vacation

‘ Jii;i'a|yll.l-.. l9lu

Rev. D. Bi':::2 Macdonald, l\'l..'\..| L.L.'D.

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I GIVING UP THE HOTEL.-Messrs. ,Monbourquotte and McNab, formerly ,of Charlottetown, who have been run- ning the King George Hotel at Sydney for the past three and a half years, shave given up that hotel. owing to poor business, says a Halifsx ex- charige.`_ lt is unfortunate that a house which had gained so much pop- ularity under their management. should have to be given up. Much ;sympathy is extended to these two iyoung men by the travelling public.

1 SURPRISE PARTY.-On the even- ing of Dec. 4th. a number of young people gathered at the home of Mr. and Mrs. James Ross, Garfield; and presented them with a handsome hand-painted chocolate set as a to- ken of the esteem in which they are iheld. The evening was spent hi mu- lslc and dancing. At 12 o'elock lunch was served to which all did justice to the inner man. After wishing Mr. and Mrs. Ross all happiness and pros- perity in their new home, all went their way feeling delighted with their evening's sport.-Com. ' '-

“THE ORDEAL."-'l`lie weekly big

feature of the People’s Theatre last night was “The Ordeal," or “ The .Patriot of France," and as the title _suggests the story is one of blood-shed and sacrifice. It is founded on his- tory, being taken from the Franco- Prussian war. It is as stupendous a production as any previous “fea- eture" film sliowu at this up-to~date .house, and in its live long reels of ontlirallingly interesting incidents .there are no fewer than three hundred and fifty scenes ln the production

of the theatres in New York largely

rms o n ause o

hh rt pp C, , r mu le last night uns absolutely perfect

o spec its were

conm.M“|au“g the teacher 'gsllsnrgc crouds saw the picture The

'oioii work., Now i`ollowed the

'other features of the programme were excellent.

SUCCESSFUL AFFAIR.-A very

successful school concert was held in the hall at b`i'eiicli River, New London, on Monday Evening, De(;_ 215;, Though thc night was stormy the hall was comfortably filled and the order tlirougliout was excellent. The pro- ceeds, amounting to $52, go toward pm. curing school supplies for the Park Corner School. The intention is to _Dut in a new steel ceiling which will add very much to the comfort and appearance of the school. Much cred- it is due fo the tciiclier. Miss Green, for the success of the concert and the interest she takes in getting improve- ments._ ln thc execution of the sev- eral drills and the reciting of nunier- ous selections, the pupils gave ample evidence of the painstaking training ot their teacher. All through, Miss Green had the lieurty co-operation of many others, to whom much thanks ,is due. The following programme was well carried ont: Remarks by the Cliaii'niaii. Mr. James Stewart; chorus, Red._ \Vliite and Blue," Recltation, (‘-liariie Bernard; Song, “We Pai-ted on the Shore." Russel McKny;Exe|-cige ‘three boys; Reading. Janie Pidgeon;

2 i Solo, "Per Day." Laura McEwen; Duet,

Marion Ilnidnig and Florence Mc-

Leod; Reading, V. Green; Solo, Alnin

,l-larding; Patriotic speech, Walter

Bernard; Song. Little Christmas Pic- tures, eight girls; Seng, 1-larry Ham. ing; Recitation, Helen McKay; Song, James McKenzie; instrumental music, Messrs. McKay and Thompson; A (lhrlstmas Song, The children; Rcci. tation. ltoy Piclgcoii; Song, Mr, Ernest ‘Dunning; llecitutlon, Mr. George Mo- Kuy; ('horns, “Teiiting 'i`0|iiglit." -Sale of Canily. God Save the King.-L.

' 1

(Founded hy the late Geor e Dickson M.A. F 1>||gdp|

Upper Canada College, and Mrs. 'Diggs H

ACADEMIC COURSE, from Preparatory to Univcnlty lilitlcullll

First Year Work.

MUSIC, ART, DOMESTIC SCIENCE. PHYSICAL EDUCATION _ Cricket, Tennis, Basket Ball, Hockey, Swimming km

School Reopcna January 4th, 1915.

. \\"rite for l‘ruspci:i.us.

Mrs. ~ George Dickson, Pre.,

lV_Ilis J.E. MacDonald, B.A., Prln.

'cg _ , _ ._

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44-’l5E-W 'I `

.-11

. Women vote for, ‘ GOLD DUST

these

you are trying to keep house without Gold you are not taking advantage of modern

Get some system into your work, but

Gold _DIISIL do all the hard part of the task. you need to, do is to direct it.

There are millions of Women in Canada today

wou1dn’t give up

anything. Are

women all

If you want to get

buy a package

Gold DIISIL today join the millions

use of Dust Another Reform Movement

ws '.- ` ,sq iz.,

iii’ ,I .`

happy housewives who

-“1.¢¢ as cow nz/sr rwuvs as :hm W1. ",

N. K. FAIRBANK COMPANY LIMITED. Montreal. Csrgds

NEW SONG.-Miller Bros., city,

have the new song for sale. Marching to Victory (The Call to Arms). a petri- otic song, with words and music by Frank Oliver. arranged by Frank Watkis. All should secure s copy while they last. ‘

'PORT OF CHARLOTTETOWN RE- GISTER.-On the registry of the Port of Charlottetown for the year ending Dec. 31st, 1914, there is'a. total of 130 sailing vessels with a. gross tonnage of 8,680 tons; 26 steamers. with a. gross tonnage of 4.760 tons. Of these one sailing vessel and one steamer were built during the year, one steam- er purchased from foreigners and four transferred from other parts. There were deducted from the register six sailing vessels, through having been wrecked or otherwise lost, and one sailing vessel broken up.

There passed peacefully away at

the Head of Hillsborough on Decem- ber 6th. 1914, after a brief illness in the 76th year of her age Miss Mary W. McKay. The deceased was the second daughter of the late Mr. Jas. McKay, Fountain Road, New London.

Besides a large circle of near rela-'

tives and friends she leaves to mourn two brothers and one sister, viz., And- rew at Fountain Road, New London; John B. and Eliza in the United Stat- es. The funeral which was largely attended took place on Tuesday the ,Sth to the West St. Peters Presbyter- ian Cemetery where her remains were laid to rest beside her sister, the late Mrs. Donald H. McKay, of West St. Peters.

SHORT COURSE. - The formal

opening of the short course in agri- culture opens on Monday evening in the Prince of Wales College llall. The meeting will be addressed by the Premier, Hon. J. A. Matliieson, the Commissioner of Agriculture, Hon. Murdock McKinnon. and other public men. Citizens as well as those inter- ested are invited to attend. This is the time when agriculture needs to be pushed. Not only will flourishing agriculture make Prince Edward ls- land rich and prosperous, but it will also help the British Empire. There will be about two hundred short course students in attendance. and there will be plenty ol' room for seven hundred visitors.

MILTON SCHO0L.-- The semian-

nual examinatioii of Mlltoii School, No. 100, was held on Monday, Dec. 21st and was largely attended by the rate-payers, and others, evincing the interest token by the people of Milton along Educational lines. The pupils were examined in the different sub- jects taught by their teacher Miss Ethel Moorisoii assisted by Miss Ad- die MaeNeill, teacher of Hampshire, Mr. Bruce MacNeill, Inspector Curtis, and Mr. Ambrose Rodd, and by their ready answers showed thorough and careful training. at the close of the exercises, a. choice programme of rc- citations, dialogues and singing was nicely rendered by the pupils, and greatly enjoyed by all present. After which prizes were awarded by the teacher for attendance and deport- nient, then all were amply supplied with confectionery. This brought to a close ‘one of the most successful examinations ever held in Milton School.

GOLDEN WEDDING--On December

21st, an enjoyable event took place at the home of Mr. and Mrs. Kenneth MacDonald, Covehead Road, the oc- casion being the celebration of their golden wedding. A large company gathered. including their nine chil- dren, their husbands and wives, thir- ty-two grandchildren, ilve great grand- children. and Mr. Alexander McEach- ern, of Mount Stewart, an old and es- teemed friend of the family, and a schoolmate of Mr. McDonald. Dinner and supper were served by the hos- tess, and were heartily enjoyed by the guests. After dinner Mr. and Mrs. Mc- Donald were presented by their chil- dren with sixty dollars in gold. Mr. McDonald made a suitable reply, thanking all for their kindness to him- self aml Mrs. MacDonald. The re- mainder of the afternoon and evening was spent most enjoyably. Music. in- strumental and vocal, wus furnished by the guests, and games were in- dulged in by ull. A fcuture of the evening was a visit froni a party oi' serciiaders, all ot' whom were taken into thc house and treated to refresh- ments. The incrriment continued un- til Tucsday moriilng, wlicn, after wish ing the host and hostess the best ol' health and many years of happiness, thc company dispersed to their homes.

The community of lionshaw and

vicinity luis sustained an irreparable loss in the removal of Dugald Alex- nndcr MacDonald. who departed this life on the 19th day of December 1914. at tho early age of thirty-three years. Ile was a young man of exceptionally flnc character, and by his patient, sin- cere, and unassuming disposition he endeared himself to all who knew him. ln early life he was brought to a saving knowledge of his Saviour, and ever since that time he has been a consistent member of the Church of Scotland, and always manifested an earnest interest in the welfare of the cause of Christ and the advancement of the Rcdeemer's kingdom. During his protracted illness his faith grew brighter under trial. and' the un- clouded prospect of an enternal in- heritance bey°oml cheered him unto the end of his journey here. His influence in the comniunlty has done much good, especially among his com- panions and those who visited him in his illness. All that human hands could do for his comfort and welfare was done for him, and when the end came it was e peaceful passing away from earth to the mansions of glory. The funeral service was conducted by the Rev. Jas. MacDougall. who spoke from the words: “l am the resurrec- tion and the life." and showed the inestimable blessing enjoyed by those whose souls are made alive fn Christ. He leaves to mourn a grlef~stricken mother. a disconsolate widow (form- erly Miss Florence MacNevli1, of Argyle Shore), three brothers, Wm. at home. and Daniel and Neil in Maine. U.S.A.. and four sisters, Mrs Dugald Macllleschern. Long Creek, Mrs Thos. R. Wood, Brookfield. Mrs J. L. Mathe- son. Ebenezer. and Mrs Malcolm Mac- Phnil, Argyle Shore. interment was made ht Argyle Cemetery. and the lei-so number that assembled at the home and the unusually large pro- cession to the grave testified to the

ABNEY.-Mr!-lerbert Buell, who

has been visiting his parents and re» iatives at Abnoy. has returned to his home in Maine, 'U.S.A. Mr Chester Buell. who has been attending the C. B. College ls home spending his Christmas holidays at Abney.

SCHOOL WORK-The following is

the honor roll of Emyvaie School for the month of December: Principal'f Department, Grade Vlll-l, Jeanette Coady; 2, Louis Callaghan; Grade VI. -1, Susie Curley; 2, Sarah Hagan; 3. Bertha Murray. Grade V-1, Mary Murray; 2, Rose. Hagan. Grade IV-l. Walter Candy; 2, George McMillan; 3, Loretta Hagan. Primary Depart ment, Grade lil-1. Teresa' Clarkin; 2, Stephen Connolly; 3, Ada Griffin. Grade ll--(Senior) 1. Lima Murray; 2, Ida Coady: 3, James Callaghan Grade ll-(Junior). 1, Rose McCardle, 2, Matthias Murray. Grade I-1, Mary McCloskey; 2, Martina Hagan; 3. Frank Duffy.

CHRISTMAS CONCERT.--One of

the nicest Christmas concerts of the season was held in St. James Hall last evening, attended by quite a large number of interested parents. The little tots were the entertainers and they did so splendidly, each number being heartily applauded. Rev. Dr. Fullerton presided over the following interesting progranimez- Chorus. “Once in a Manger Lowly"; recita tion, Helen Jamieson; recitation, Wil- lard Goff; recitation Amy Mclunis; recitation, Hazel Edgett and Norma Jamieson; dialogue. 3 little girls; so lo, Hector Ross; recitation, Enid Cami: bell; recitation, lvlarjory Stewart; re- nan and Malcolm Ross; recitation ian Burnett; song, Katherine Mcllefi nan and Malcolm Ross; resitation Erma. Tait; recitation, Hazel Edgett; recitation, Constance MacFarlane; harmonica solo. Malcolm Ross; doll drill, eight little girls; recitation, He len Craise; solo and chorus, Eddie Vessey; recitation, Lorna Campbell; recitation, Jessie Craise; recitation Irene Mclnnis; recitation, Llnnie Ait- ken; recitation, Edna Gordon; chorus. “Long Ago One Christmas.” After the programme the prettily decorat- ed Christmas tree was unloaded, San- ta Claus giving the little folks a boun tiful supply of candy and oranges after which the audience dispersed.

A representative gathering of thi

fox breeders of Queens Count'y met in Prince of Wales College yesterday af' ternooii at one o’clock for the pur pose of electing five delegates to re present the County at the “fox parlia ment” to be held early in the year ii Charlottetown. The meeting wa. largely attended, among those presenf being His Worship Mayor Steriis, Ma jor Bartlett, Mr J E B McCready. Pub licity Agent. Dr S R Jenkins, Hon G E Hughes, Dr Warburton, Dr Lundy Dr Crokeii, Messrs.J O Hyndman, John Anderson J S Martin, R E Spillett, J A-Webster, W K Rogers, M Mcl(in non, Montague, D Schurmaii, Leonard McKay, Haminoiid Kelly, A ,W Sterns C J Stewart, John McKendrick, J C Simnis, Hooper Horne, C McClure Fenton Newsom, T B Woodman. C P Fletcher, Major McKinnon, P C Brown G Lewis, D A Wedlocli, J S Wedlock, Col Davison, Col ’Moore, C H Blaclv J R Dinnis, E R Brow, G Tweedy, W B Prowse, C L Grant, Wm Moran, J P Goi'doii, J K Ross. Roy Holman, Dr Purdy. Dr H D -"“‘*‘=f>n and Mr. Jen- kins, of Vernon River, ,

THE MEETING.

Tho meeting having been called tr

order by Mr. Jolni Anderson on motion Dr. S. Il. Jenkins was unanfninusly el ected chairman and Mr. W. E. Canier on, secretary, of the meeting. Thr chairman then called on Mr. Cameron to explain the object. of the meeting

Mr. Cameron stated that the meet

ing was for the specific purpose of ap- pointing flve delegates to represent the fox industry at a convention to bi held in the Assembly Rooms iii Char lottetown, some time during the nov year. During the autumn months, hr said, the Fox Breeders' Assoclatioi had been working out some scheme tr try to introduce more co-operation ani better unity among the fox men of 'he Province, and several conference: ‘ind been held and suggestions made from different interests in the lndu try. ln the inoaiitiinc a mass meet lui.: had taken place ln (‘liarlotf.ciown and the general opinion of that gather ing seemed to be that the industry wanted more publicity without tlir Province. Acting on the suggestion the Fox Breeders' Association at their 'innual meeting at Sumnicrsiilc had passed a resolution to the effect that the industry sliouhl be generally re presented througlioilt the Province by delegates. five from each County. to meet and to draw up necessary legls “tion to safeguard the interests of the lndustry. incorporate the Association and develop some scheme to weld thc varied interests oi’ the fox business' ‘ogetlier for the lieneflf.\ of all. Tile Government had boon waited upon in ‘lic mciintinie, and the Excutive had n_ronilso|l all possible help to tliosr fifteen mon wlio would he appointed by the fox breeders of the island. lil conclusion. Mr. Cameron said. that the Island had an industry with millions of dollars invested in it, and at present each man was managing his own little boat, while they would admit that th' waters were becoming a little turbul ent. They wanted some sort of Gov ornninnt control wlierby people mil- side the Province would acquire sonic- propr information regarding the indus try emi would regard it as a safe and sound investment. The fox lndustry. he added, was one flint had been hullf up in the lslaiid. and because its foundation was solid it was one that the island owed to itself to perpetuate

Mr. John Anderson said it was very

difllcult to bring about legislation such as was sought. and the delegates who would be appointed would of necessity have . to be the best men amongst them. This sort of work could not he done by an open conven- tion hut by a selected committee, which would be such that it would go to the Government and say it repre- sented the fox industry of Prince Ed- ward island. and present a bill which the Government would be justified in

putting through. The men of the`

committee should have wide powers. Mr. Anderson said tlist it was essen- Ilal. for the welfare of the industry, Ihst the Investor should be able to foci flint ho was protected and that he wasonot putting his money ino n wild-cat business. Such s state of affairs as 'a msn giving the value of

ummm' I- .which the departed wr-~ ‘his foxes. for purposes of tsxstion, at

hold. The pall-bearers were D. .T.‘ilve or six thousand dollars, and quot

Mscnesa Donsm in them at fifteen thousand in his

Macbosn. D. C. , 1 iz . Gordon. -I0hll 00 . Malcolm Msn- prospectus. should be impossible.

Pliull find A. J. MIICQVUI- ~ Thorn should he some central hoard

that would make the like of that im- iossible. if they could not do that. iow could they go to monied men and isk them to invest in the industry? 'le thought that they could. by wise legislation and a good governing board, iateguard the industry so that every nan who had foxes would get the due vortb of his foxes, neither more nor ess. The man who invested must be lure that he was putting his money nto something genuine. They wanted he industry to be something that they 'lould not be ashamed of, something .hat they could conscientiously ask iny man to put his money into.

Mr. W. B. Prowse said that in the

last there had been too much-discord in the part of fox breeders. The cam- nittees which had been working, how- iver, had arranged matters so that ivery i’o.\1 on the Island would have its iroper place. No man need be afraid; ie would have full justice done him by :he committee. lf they appointed a 'ood. strong committee they could ll safely leave matters in its liaruis. Mr. J. K. Ross said that the tim.:

ind come when cooperation was es- iential io the furtherance of tho inter- -sts of the foxindustry. He said he vunted to speak a good word for the ’»‘ox Breeders' Association. lt hail ieen a safeguard to the business. and vhile it would be impossible for it not o have made mistakes, it had worked vitli honesiy and integrity in view and ind acconiplislied something for ~.\-lilch hey all owed 1: debt of gratitude; -von companies nvlilch had not gone »ito the ar.soi:'s.f-ci: would admit ihe :-auie. The fox business had been r.nclwd a good ilrnl in the past, but Y tlii'-re was cue thing which sli-iwcd he faith they had in it. it was the fact hat very few fox men had thought fit to dump their stock on the niarket.Tliey 'till had their money in it, and what hey wanted to do was to stand fo- tether and make the thing siiccce-I.

On motion oi’ Mr. Ross, second-id hy

Vlr. D. S. Wedlock, the meeting pro- veeded to appoint the delegates. The -lectiou was done hy ballot and result- id as follows? Messrs. R. E. Spilleetl, E. R. Brow, W. B. Prowse, (‘. lilc- ‘-lure and J. E. B. McCready; and, us "lternatives, Messrs. G. E. Hughes, \V. B. Cameron and Mayor Sterns.

A resolution in the same terms ns hat which was passed at the Summer- '-ide meeting and which was published ri yesterday's Guardian was moved by \’ir. Hyndinan, seconded by Mr. B. lloy Holman, and unanimously carried.

A vote of thanks to the chairninn

'iaving been moved by Dr. Warburton, 'econded hy Mr. J. E. B. McCready. md carried, and replied to in appro- iriate terms, the meeting adjourned.

_ A very regrettable shooting acci- dent occurred at Line Road, near Northam station yesterday. A young lad named Wilson, son of Mr Andrew, Wilson, Line Road, is the victim. He was in the woods shooting rabbits, and it is supposed the gun accidentally dis- charged, entering his side. His brother. who was near at hand. heard the boy‘s cries and ran to him, but when he arrived life was extinct. The boy was 18 years of age, and was a favourite with all who knew him.

The home of Mr. and Mrs. James M.

Roper, East Royalty, was the scene of a pretty wedding last night, when their only daughter, Miss Emma A., and Mr. Reuben McDonald, Editor of the Patriot, were united in marriage by Rev. G. (3. Taylor, pastor of Zion Church, in presence of about seventy invited guests. The bride looked charming ii a dress of ivory satin, veiled with lace and marquisette and trimmed with pearls. She carried n bouquet of white roses and wore a bridal veil. The bridesmaid, Miss Al- berta Stewart, wore a dress of sup- pliire blue satin trimmed with gold lace and carried u bouquet of pink carnations. Miss Nalda iloper, tho little niece of the bride, who acted as flower girl, looked sweet in a dress

|of_ilainty white with blue sash. The ,groom was supported by Mr. D. Edgar ., Shaw. The ceremony over, the guests partook of a sumptuous wedding sup- iper, the health of the bride and groom 'being proposed in it humorous and elo- quent speech by Mr. F. J. Nash, Mr. McDonald replying. The remainder of the evening, until midnight, was most agreeably spent in music and general merrlnient. The bride was most generously remembered by lier many friends at home and abroad, on the auspicious occasion, as evidenced by the number and excellence of her wedding gifts. Among these were a china breakfast, dfiiner and tea set from the Patriot Puhlisliiiig Co., it china, cabinet f`roni flir Patriot stuff; lady's dressing case from guests at the Davies. A tobacco jar and cala- hash pipe l'i°uni guests at lhe Davies showed that the groom also had been remembered. About midnight the happy couple drove to their new home. corner of Euston and Prince streets. With their many friends The Guar- dian unites ln best wishes for their continued happiness.

AMSTERDAM, Dec. 30.-Mohamed

Ali Bey, the Syrian deputy, is march- ing with 5,000 volunteers against the British who are said to be advancing

‘against Bngdad, according to (`on- I

OLD-TIIIE

lAK§_§__

Pm-ify your blood l{ood’s Ssrsapsrilla. T eine has been and stillis the medicine because of its character and its wonderful success in the treatment of the common dis- eases and ailments-scrofuls, es- tarrh, rheumstism, dy_spepsis', loss of appetite, that tired fooling, general debllity. _

I-Iood’s Sarsspsrille lisrbcen

teied forty yesrs. Get it fodly.

stantinople reports reaching here to day. The Turkish reports tell of an enthusiastic demonstration in Damas- cus when the holy standard _of the prophet was carried through the city. The entire population turned out amidst the greatest rejoicing. The Murtls and the military commander of Damascus met the standard and the garrison was marched past, each man saluting the holy banner.

STOCKHOLM, Sweden, Dec. 30.- Total losses to Scandinavian shipping through mine disasters were up to mid-December:

Sweden, eight ships and sixty lives;

Denmark, six vessels and six lives; Norway, five vessels and six lives: To this total must also be added Hol- land with three vessels and fifteen lives. The total financial loss for the twenty-two ships and their -cargoes will reach nearly ten million dollars.

LONDON, Dec. 30.-During the first

four months of the war fifty-four Brit- ish foreign going ships valued at $11,400,000 with a cargo worth $18,- 800,000 were captured or destroyed bi' the enemy. These are thc ofilcial fig- ures of the Liverpool and London war risks and insurance associations. Ac- cording to these figures, the losses for four months were 1.23 per cent. of the total number of vessels; 1.49 per cent. of their total value and 0.94 per cent. of the total value of cargoes carried.

This would indicate tli_at -vessels

could have been insured at a rate of 0.37 per cent. monthly, and their car- goes at a. rate of 0.94 per cent. The rates fixed by the Government at the beginning of the war were 0.72 for vessels and 1.24 for cargoes. This shows a snug margin of profitfor un-

tlerwriters.

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