—

DAILY EXAMINER.

Tus

OCTOBER 138, 1883.

James’ Letter.

Accorpine to Mr. James, the Anglo- American Company have-invested .in the Prince Edward Island Telegraph svstem about £30,000 sterling, which amount is said to include £10,000 sterliag for their cable. The difference must, therefore, be taken to represent the amout “invested” ip their land lines.

But, as Mr. James has since admitted, the land lines might be built for $100 per mile. If we apply this rate to their 873 miles, we will get as the cost $37,300, from which should be taken half the cost of 200 miles of line along the railway, paid for by the Dominion Goverument, $10,000. This leaves $27,- 00¢ as probably the true cost of the land lines in which it is said the Compavy have “invested ’ $100,000,

Competent telegraph builders estimate (and we believe it will be found) that

Mr.

new lines can be built and telegraph com- |

munication established with every place in P. E. Island aud New Brunswick to which the wires of the Anglo-American extend (including an excellent cable) for about $35,000, and we may further add that it is confidently believed by those who are capable of estimating the cost, that the whole system of the new Com- pany, as at present projected, can be completed for about $550,000; and as dividends can be paid on this small capital out of the earnings, when it would be quite impossible to do so on the large capital of the older Companies, we do not think the new Company need fear the threat to run them off the track.

It has been stated by telegraphic ex- perts who have given the subject much consideration, that if the Government would purchase the entire Canadian tele- graph system at its real cost, and reduce the rate for messages throughout Canada to 10 cents or 124 cents for ten words, plus one cent for each additional word, the result, after paying all expenses aud putting aside a sufficient sam for renew- als, would give at least seven per cent. on the investment. Low telegraph rates in England have resulted in au advance from 6,000,000 to 30,000,000 messages in ten years ; and if vampires can be got rid of, there is no reason why a reduction of rates, and consequent increase of busi- ness, should vot take place ‘‘al! along the line.”

We have shewn that the “Western Union” earns 6 per cent. on a capital which is said to represent more than jive times the cost of its works, and the man- ager of the Anglo-American system in P. E. Island (with almost prohibitory rates in force) states that our people, ‘“‘maioly agriculturists, who are not tel- egraphers,” evable “the Anglo-Ameri- can” (after paying its working expenses and providing for renewals) to pay 24 per cent. annual dividend on a capital which is four times larger than it need have been.

But ove of the objects of paying small dividends on a large (watered) capital rather than large dividends on a small (real) capital, is that the large capital in- vested may be used to do duty as a bug- bear, to frighten those who might other- wise be disposed to eountepance or swup- port an opposition euterprise.

Not satisfied with the efficiency of this bug-bear argument, Mr. James says:

‘*As to rates in the other Provinces. It is well known to telegraph officiats that a rate of 25 and 1 between the Upper and Lower Provinces does not pay. (The rate from Nova Scotia to the Canades 1s now 20 and 2.)” The experience of the Dominion Telegraph Company will go far to prove this. Forseveral years they did a remunerative business in opposition to the Montreal Telegraph Co. in the Upper Provinces. Some four or five years ago, they undertouk to extend their lines to the Lower Provinces. Forced to build along the post roads, as the Rapid Telegraph Co, would also be, (the Railways having heen secured by the other companies) their lines were necessarily longer and more expensive beth te build and maintain. After a short strugyle they were glad to lease their lines to the Northwestern for a dividend of six per cent., not an unreasonably high rate of interest.”

The facts, we believe, are about as follow :—

Assured that the enterprise would prove to be a profitable oue—the Domin- ion Telegraph Company was projected— of course, in opposition to the Montreal Company ; and the promoters were in sympathy with the Atlantic and Pacific Telegraph Company then engaged in conducting a vigorous opposition in the United States to the Western Union, the ally of the Montreal Company.

To complete their system und be suc- cessiul in their opposition, it became necessary to unite, by means of their lines, the upper and lower proviuces, to connect at the Interaatione! Boundary with the Atlautic and Pacifie Company's lines, and on the shores of Nova Scotia with an Atlantic cable. This work had about been accomplished,and the Domin- ion Company were about to reap the re- ward of their efforts, when it came to pass that a certain man (Jay Gould by name) a large holder of Western Union Stock, had secured a controlling interest in the stock of the Atlantic and Pacific aod thus that company was afterwards controlled by the Western Union and the Dominion line was threatened with a block at the boundary.

We can readily understand that, pos- sessed of such 2 weapon, and haviog the

sympathy.ot the principal holders of the Miuirewd

& in the dw

lof a sufficient ithe Dominion (C

ta

great operator would soon obtain control number of the shares of pany to influence its | decisions and ms'!.c them “glad to lease ‘their lines to te Northwestern for a | dividend of six } © cent.” | The discussions which took place when ithe well known “‘commercial detective” |was wotking out the plans of his prin- cipal will be fresh in the memory of our | readers. | The agent employed to effect their | purpose was “‘the great Northwestern | Telegraph Company” which was char | tered iu 1880 with a nominal capital of | $400,000, of which it is believed not 'more than 25 per cent. has yet beeu paid jin, It is, we believe, ‘‘a close corpora- i The shareholders being few, they

;

tion. are seldom embarrassed by published reports, and their secrets cau always be well kept.

To this Company properties of the Montreal Compauy and the Dominion Company were leased. When the Great Western assumed control they imme- diately advanced the rates 25 per cent. | The *arrangement” provides that the

tha aay

‘Great Western shall pay to the Moatreal Company eight per cent. annvally on its capital of $2,000,000, and to the Domi- nion Company six per cent. annually on its capital and bonds ($1,292,000. )

This rental amounts to $237,520, so that whatever the Great Western makes over and above that amount goes to the few shareholders of the Great North Western Company.

What then are the net earnings of this great combination at the present time?

We do net know, for the best of reasons. The Company has not afforded the information——at least we have not met with it, but we will make a safe estimate.

In 1880 the combined earnings of the Montreal. and Dominion Companies amounted to $780,834, and their expenses $507,842-—net, $272,992. To this add twenty-five per cent. additional tolls since collected,$195,208 ,annually—total $468,- 200; add increase of messages and decrease of expenses, in consequence of offices being combined, say $131,800,make the probablenet revenue, $600,000, deduct for renewal fund sav $100,000; make the balance, $500,000, from which must be taken the rental, ($237,520) and there will remain upwards of $260,000, with which to pay dividends on about $100,000 paid up capital !

As the promoters of the Great North- western scheme probably knew what they were about when they fought the “arrangement” through, they are prob- ably as ‘“‘glad” now us they were when, as shareholders in the Montreal and Dom- inion companies, they voted ‘‘to lease their lines to the Great Northwestern for a dividend of six per cent.”

Sale of Stock Farm Stock.

On Thursday last at the Exhibition grounds, A. McNeill, Esq., Auctioneer, sold the following stock raised on the Gov- ernment Stock Farm:—

Ayrshire Bull Calf, Henry Mutch, $70 00 Ayrshire Bull Calf, Senator Hay-

thorne, - - - - €0 00 Shorthorn Bull Calf, William Mutch,

Hopeton, - - : . - 583 00 Shorthorn Bull Calf, Alex. Laird,

Cavendish, - . - - - 46 00 Shorthorn Bull Calf, William Laird,

New Glasgow, - - - - 46 00 Shorthorn Bull Calf, 3 weeks old,

Duncan McMullin, Rustico, - 4100

| 3 year old Cow,Graceful,5th, Hon. D

Ferguson, - - - - . owe Shorthorn Cow, Graceful, Hon. John

Longworth, - > ° . - 4) 00 Shorthorn Heifer, Gaiety, Hon. D.

Ferguson, ~- : - - - 651900 Grade Cow, Spark,” H. Longworth, 40 00 Grade Cow, White, Dune.n Mc.

Mullin, Rustico, - - . - 3300 Grade Heifer, Patrick Berrigan, - 40 00 Fat Heifer, Ayrshire. Blake Bros, - 50 (0 Fat Cow, Ayrshire, Blake Bros. - 38 00 Ram Lamb, Leicester, Duncan Mc-

Mullan - - - - - 7 00 Half Bred Shropshire Ram Lamb,

John Bell - - - - : 2°15 Berkshire Boar, Henry Mutch, city 3 75 Berkshire Sow, Henry Match, city 3 00 Kerkshire Boar, Hon. D. Ferguson 3 25 Berkshire Sow, Hon. D. Ferguson 3 25 Kerkshire Boar, John Deacon - 3 25 Berkshire Boar, Hon. D, Ferguson 3 25 Berkshire Sow, Hon. D. Ferguson 3 25 Poland and Berkshire Boar Pig, D.

Stewart, Kinross - - 2 85 Poland and Berkshire Boar Pig,

John Cullen, Hope River - . 2 00 Pe'and and Berkshire Sow Pig, Alex.

McPherson, Murray Harbor Road 3 30 Poland and Berkshire Sow Pig, M.

McKenna, Montague Cross - 3 40 Poland and Berkshire Sow Pig, H.

McLean, Orwell Cove. 2 70

+o

Our Advertisers.

John Hughes publishes the fall time table of the steamer ‘*Heather Belle.”

Drs. Starkey & Palen, Chicago, advertise a new treatment for the cure of consump- tion, asthma, etc.

Ww. E. Hickey wants to dispose of the elegant set of parlor furniture exhibited at the Provincial Exhibition.

McLean & Martin offer for sale the house situate on corner of Water and Pownal streets, opposite the Rankin House.

A McNeill will sell a consignment of apples, tea and soap, in front of his auc- tion room, next Monday at 11 o’clock.

—ao--—

It Will Cost You Nothing

to getfrom Drs. Starkey & Palen, 1109 Girard Street, Philadelphia, an honest opinion in your case, if you are suffering from any chronic disease, as Consumption, Catarrh, Neuralgia, Rheumatism, or ner- vous irritability and weakness. They are making wonderful cures with their new Compound Oxygen Treatment, Write to them and give a clear statement of your case. They will answer promptly as to the chances of acure. They make no charge for consultation. If, however, you do not wish to consult them at. present, drop a postal-card asking for their Treatise on Compound Oxygen, in which you willfinda history of its discovery, nature, and action, anda large number of reports of difficult and desperate cases which they have (rwat~

a wucewPaiy, TW will be sent fr.

|

— ©

SI ED ee LOO

THE DAILY HXAMINER, OCTOBER

APPLES. | s | WPDY Auction, MONDAY, Oct. 15, at li

o'clock, in front of Auction Room, Stev- enson’s Building, Queen Street,

50brls APPLES, Gravenstiens and other choice kinds.

—ALSO--

50 half-chesta TEA, (choice). 50 boxes FANCY SOAP, ete.

A. MceNEILL, Auctioneer, Ch’town, Oct. 13, 1883.

FOR SALE.

PYWELLING HOUSE and premises, on Water Street, Charlottetown, opposite Rankin House, For terms apply to CAPT.

D. McDONALD,

on the premises; or, McLEAN & MARTIN,

Ch’town, Oct. 13, 1883.-—10in eod.

I WANT TO SELL

FPXHE suit of Turkish Parlor Furniture in Tapestry, shown at the Exhibition in this city, to parties wanting the same. A good bargain may be expected. Call and examine at corner of King and Great George streets.

WM. E. HICKEY. Ch’town, Oct. 13, 1883.

~~)

STEAMER

“HEATHER BELLE,”

—

FALL ARRANCEMENT.

N and after Tuesday, Oct, 16th, 1883, the steamer ‘‘Heather Belle,’’ will run as follows :—

Will leave Orwell Brush Wharf for Charlotte- townevery Tuesday, Wednesday, and Thursday mornings at seven o'clock, calling at China Point and Halliday’s Wharves.

Leaving Charlottetown for Haliday’s, China Point and Orwell Brush Wharf same evenings, at two o’cleck, remaining at Brash Wharf every Tuesday and Wed- nesday nights, and Thursday night return- ing to Charlottetown, arriving about eight o'clock.

Every Friday morning, at seven o’clock, leave Charlottetown for Crapaud; leaving Crapand for Charlottetown at eleven o'clock, remaining at Charlottetown same night.

Saturday, leave Charlottetown for Crapaud, at nine o'clock, a. m., leaving Crapaud for Charlottetown, about one o'clock, p. m.,

JOHN HUGHES.

gent. Ch’town, Oct. 13, 1883. J [2aw wkly pat ote her pres "Yam

REGISTERED.

—_—

TRADE MARK

ANOT A DRU iF “Ti — Fe FA ke . ~ -}*§ 2, PS.

A NEW TREATMEN

For Consumption, Asthme, Bron- chitis, Dyspepsia, Catarrh, Head- ache, Debility, Rheumatism, Neu- ralgia, and all Chronic and Nervous Disorders.

A CARD.

E, the undersigned, having received

great and permanent benefit from the use of ‘COMPOUND OXYGEMS,” prepared and administered by Das. Starner & Pauzy, of Philadelphia, and being satisfied that it is a new discovery in medical science, and all that is claimed for it, consider it a duty which we owe to the many thousends who are suffering from chronic and so-called “in- curable’’ diseases to ao aj] that we can to make its virlues known and to inspire the public with confidence,

We have personal knowledge of Drs. Star- key & Palen. They are educated, intelligent, and conscientious physicians who will not, we are sure, make any statement which they do not know or believe to be true, nor. pub- lish any testimonials or reports of cases which are not genuine.

Wa. D. Ketrey, Member of Congress from Philadelphia. T. 8S. Arrucr, Editor and Publisher “Arthur's Home Magazine,’ Philadelphia. Vv. L. Gowran, Editor ‘* Lutheran adelphia,

Paitapecrsia, Pa., June 7, 1372,

In order to meet a natural inquiry in regard to our professional and personal standing, and to give increased confidence in our state- ments and in the genuineness of our testi- monials and reports of cases, we print the above card from gentlemen well and widely known and of the highest personal character:

Our “Treatise on Compound Oxygen,” con- taining a history ot the discovery of and mode of action ot this remarkable curative agent, and alargerecord of surprising cures in Covsumption, Catarrh, Neuralgia, Bron- chitis, Asthma, etc.,,and a wide range otf chrenic diseases, will be sent free,

Aperess Drs. STARKEY & PALEN, 1109 & 1111 Girard St., Philada., Pa, Oct. 13, 1883.—law wkly,

WANTED.

QUEVERAL VESSELS, 60 to 150 tons regis- \ ter, to load Prince Edward Island pro- duce for Newfoundland and West Indies,

ALSO, Two (2) Vessels, about 200 tons register, to load for England, —

AND one (1) about 250 tons, for United Kingdom or Continent.

Good rates and quick despatch,

Odserver,” Phil

Ne aaa aaa 1

begs = 3

ame, “

a

EXHIBITION WEEK 1

oJ

E invite the Citizens and those who may be visiting the Town. during the week of Exhibition, to the inspection of our immense stock of

FALL AND WINTER GOODS !

WK HAVE JUST PLACED UPON OUR SHELVES

THE CONTENTS OF

Two Hundred and Sixty Bales and Cases,

OF

ENGLISH, AMERICAN, AND CANADIAN,

Comprising everything necessary for Household and General use.

canSoomemensteren SC)? cae

Varieties complete in every Department at the

Very Lowest Prices for Cash.

:0:

UPWARDS OF'

Fifteen Thousand Grain Bags,

And a Large Stock of Very Choice

CHINESE AND INDIAN TESS,

Wholesale and Retail.

GEO. DAVIES & CO.

Charlottetown, Oct. 6, 1883

LOOK OUT FOR BARGAINS !

eee“

W. & A. BROWN & CO.,

AVE now opened 140 Cases and Bales of New and Fashionable Dry Goods. 100 pieces Ulster Cloths, bought at half price. 100 pieces Mantle Cloth, bought at half price. 1,000 Wool Squares, very cheap. 50 boxes Silk Fringe,

H

Winceys,

200 pieces

30 ‘* Shirtings, 25 ‘* Silk Plushes, 500 ‘* Prints, 50 ‘* Velveteens, 100 ‘* Scotch Tweeds, 30 ‘* Silk Velvets,

50 ** Worsted Coatings, 50 ‘* Frillings,

50 ‘* Scarlet Flannels, 300 Jackets and Dolmans.

At twenty per cent less than prices of former years. Also, One Hundred Cases and Bales Canadian Manufactured Goods, Very Cheap.

All Goods we are selling very cheap this Season.

Wholesale and Retail, PIECES CARPET BPATLY EXPECTED.

& A. BROWN & CO.

Ch'town, Oct. 6, 1889.- dy wkly,

W.

CA Tits ATT

“CHEAPSIDE”

—FOR-— Groceries, Hardware,

Glassware, Earthenware, Wreoodenware, ec,

pare DS Ra FLOUR, MEAL. TEA, SUGAR, MOUASSES AND OTHER GOODS

_ Are Giving General Satisfaction.

Oo

HENRY BEER.

Uni'tdwn, Sen OF DWN ah

ChirTottetuwm Joly 29, 1883,—tww mad why,

$1,000.

UST OPENED at the Diemond Pook. stcre, ONE THOUSAND DOLLARS

STATIONERY

WHICH Wit E

CHEAPCST IN THE CITY,

s@ The attention of Country Buyers és eg- pecially called to this announcement, as J am confident they can purchase to mach better advantage at the DIAMOND BOOKSTORE than elsewhere,

Our general stock is new, and warranted to give satisfaction,

THEO. L. CHAPPELLE,

Diamoud Bookstore, 59 Queen St., Queen Square, Ch’town, Oct. 12, 1883,

FANCY SALE.

“PHE MEMBERS of St. Peter's Church Sewing Seciety intend holdin Sale WEDNE- i) Vi tebe Drews rt = —-

Ch town, Oct. 6, 1593. —cuw at P, Et, Steam Navigation Company,

fae ANNUAL MEETING of the Stock. holders of the Steam Navigation Company will be held in their office corner of Great George and Lower Water streets, on THURS. DAY, the 18th of October, at seven o'clock in the evening, for the election of Directors and other business.

By Order ¥., W. HALES, S . Ch’town, Oct. 2, 1883. — TO SHIPPERS

—OF—.

Starch and Canned Goode,

: aw ie a Sette es SS oP Sted

For Liverpool Direct.

The well-known Clipper Barkentine

“ETHEL BLANCHE,”

400 tons Registered, classed 10 years Al in English Lloyda,

John Grahara, due here about the 15th October, will, provid-

ing a sufficient quautity of freight offers, go en the birth

FOR LIVERPOOL, Carrying Lobsters, Canned Meats, Starch,

and other products of the Island,

Commander,

| Parties wishing to secure room will please apply at once tothe uwners,

PiLKE BROS. & CO.

Ch’town, Oct. 3.—3a~ tf OB PRINTING of every description ey executed with Neatness and Despatch at the EXAMINER JCR PRINTING

ROOMS, enr Watrr and Graat Crorge Streat

WANTS, LOST, FOUND, de. WAT to purchase,a ten guage central or pin-fire gun. Apply at this Office,

RY Pine Kindling McMi.uan's Coat Derpor.

Wood for sale at [oct] 6i pd

YOUNG MAN WANTED for ordinary i. yard work. Must understand care of horse and cow, Apply at this office, [oct9 tf

We Gruen young Protestant Girl for general housew«rk to go to Mass- achusetts, U, 8. Good reference required, Apply to Gzo. P. Tasvonx, Great George St. [vct6 tf.

JANTED.—A Nursemaid, References required, For information apply at the EXAMINER Office. [oct6

7g O LET.—House corner (reat George and King’s street. Possession Ist November P,. kK. Bowers. foct6 3i:

\

the Printing business,

JANTED IMMEDIATELY.—A good smart Boy with a fair education, tor

3REMNER Bros. {oct4 tf pd

‘7 ANTED. —T wo Girls, 28 housemaid and waiter in a hotel..Apply at EXAMINER [oet2.

Office.

\

7 LET and possession given immediately the two story Mwelling House, corner of Prince and Fitzroy streets. Apply on the premises to J. Fraser or W. E, Lawson. [002 NLOTHAES cleaved and repaired. First

class work guaranteed. Shop,—first door west Presbyterian newspaper office, Grafton St. A good j’resser wanted, apply at once, R. McCrusrey. {ect 1.

iputacnditbicinditaladinaa tee. ee WRENCH LESSONS—A Lacy wishes to

form a French class, for young girls. For particulars apply at LXamineR UFFICE.

mums: ee

TANTED.— A Girl bor general house- work, Apply at Lxammer Office. {oct2,

[sep24 / FEW GENTLEMEN can be accom L modated with board on reasouacle

terms, in the house, corner of Great George

nem..Goods expressed to Steamers, Railroad Depot and other parts of the a votre lately Saye 7 i888 City FREE OF CHARGE. ae ORCS EMNSON. Oe

(VO LET—A Dwelling Hovse on Oriebdar Street, containing nine rooms, Rest ivw, Apyly to Bvay Bletvh,