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THE DAILY EXAMINER.

JUNE 15, 1888. __

Trade Notes.

Tue leading papers of the Upper Pro- their Care and economy are,

vVinees are using caution stops in articles on trade. no doubt, necessary all the time— particu- larly in a country dependent mainly upon agriculture. Above all things our farmers should be careful not to encumber their farms, except to purchase additional lands which they may need and which may be It is far bet-

ter to wait a few years for a larger house, or

obtained on favorable terms.

a finer carriage, or improved machinery, than to mortgage the farm.

In this Province trade is healthy and the prospect good.

were low

Though the prices of grain last fall, they were very fair this spring; and the abundant crop of wheat was equal to the sale of several hundreds of thousands of additional bushels of vats. These who fattened cattle last winter did not see much money for their feed and trouble; but horses and pork have brought very fair returns. On the whole, the re- sults of the trade of last fall and this spring have been satisfactory.

The waterworks in Charlottetown is making a stir about the town, and in the next six

establishment of months money will probably be easier here than it has been in the past. The town will soon be able to put on additional attractions for strangers, and may look for increased re- ceipts from this source. After the water- works, we may hope to see a first-class hotei in or near Charlottetown, and a large inflax of tourists to enjoy our pleasing laniscapes and lovely summer weather This isa source of wealth which has never yet been ‘‘worked for all it is worth,” and which we hope to see developed ia the near future.

But it must not be forgotten that this is a very small country and that our chief resource 1s agriculture. the scale that men operate in the cities of the continent must, It is worth our while to contemplate little things.

The man who op-

erates here on same

ere jong, come to grief or run away.

In this connection, we may ask, is it good policy on the part of the town to exact tolls from the country women who sell butter, and eggs, and fruit, ete., to our towns- people, and buy the dry govds and groceries they require at To put the butchers’ and gardeners’ stalls up to public competition is reasonable, fur it is but right that the privilege of

our stores /

having a stall in the market house should be obtainable by the man who is willing to pay the largest sum for it. But the who drives into town, or pays her fare on the steamer,

farmer's wife —is it worth while to levy a toll upon her when she takes the best place she can get the Market Hall? The this source, in the run of a year, is, after all, but a trifle, and the poor woman must either add the tolls to the prices of

at a table in

amount realized fzom

the articles she sells—in which case they come out of the pockets of citizens, —or else she must suffer a reduction

of her profits—in which case she feels

aggrieved, and wiil only come to town when she cannot sell and buy at the stores in the country, leaving the town minus se much trade. The market tolls have lately

been ‘‘farmed out.” We question the policy of this course, and feel strongly in- clined to say that it would be better to abol- ish them.

The establishment here of a first-class

oatmeal mill or two would be in line with

the trade interests of the Province and city. With careful management, we ought

to produce oatmeal] as ‘* good and cheap” as Ontario or any other part of North America; and we can reach all the Eastern

markets much mure cheaply and easily.

It is stated that there are $4,000,000 on deposit in the banks of St. John.

The Montreal Gazette of Monday repub- lishes the speech fo Archbishop O’Brien, and commends it.in a longeditorial article.

‘“‘Ink is the stuff that makes men’s thoughts visible,” says somebody. This is particularly true when men upset the bottle on a desk piled up with papers.

More than seventy colonial bishops will attend the Pan-Anglican Synod at Lambeth. The opening service will be held in Canter- bury Cathedral, June 28th.

A New pulpit has been placed in St. Gile’s Church; Edinburgh, to ** commemo- rate the resumption in 1885 of daily service in this church after an intervalof 200 years.

The administrative council of the Pen- itentiary Department of the Russian Gov- ernment has reported in favor of the abolition of the punishment of exile to Siberia.

The Wesleyan Methodist Connection of Great Britain reports for 1888 a total of 415,790 members, with 34,564 ou trial. The increase of members is 3,446. There are 151 candidates for the ministry.

The Methodist Episcopal Church has in India 86 foreign, 46 mative and 28 zenana missionaries, 4,450 members, 3,523 proba- tioners and 10,180 Christians. This is missionary Bishop Thoburns ** diocese.”

A report that ** Father ,, Maturin. of St. Clement's Protestant Episcopal Mission House, Philedelphia, had withdraw the Church of R une, is ene by ** Father ” House.

n to join rgetically denied Converses, of the

- faverns have increased 11 per cent. in Fauce im five years, and now there is one for every ninety five- eer: < Similar increase in the use of aicobolic drinks is noted j : “dt in Belgium, Aus- tria, Switzerland and German 4

Mis sh yn

people throughout the |

THE DAILY EXAMINER, - - -

Bishop Courtney. THE KERMES—ON THE. RIVER—A PLEASANT AND SUCCESSFUL AFFAIR.

Tue Bishop attended the Kermes given by the ladies of St. Peter’s Church yester- dlay afternoon, on board the steamer South- port. The Rev. J. Simpson and Fred. E. J. Lloyd, with His Worship the Mayor, a number of citizens, old and young, were la attendance. St. Peter's Boy’s Band sup- plied very good music for the occasion. lhe fresh breeze and bright sunshine were very pleasant, and everyone seemed to profit by the recreation, particularly the ladies, who cleared about $100.

The New Loan,

(Montreal Gazette. )

The Dominion Government has taken a bold course in testing the credit ef Canada in the English money market by issuing the new loan at 3 per cent. The operation of the suc- cess, of which no doubt is entertained, places the credit of this country above that of any of the other self-governing colonies, and almost on a par with that of England herself. itisonly a few years ago that the United States was able to float a3 per cent bond, and this year for the first time has the interest on the debt of Great,Britain been reduced below that figure; so that we may hereafter speak of Canada as occupying almost as high a stand- in the great money market of the world as the republic to the south or as the mother country. The new loan is based at @ mini- mum of 924, and already is quoted ata pre- mium of 2 per cent., indicating the probability that the bonds will be placed at a sufficient premium to cover the whole expense of issue and yield the Government a price equivalent to an interest charge of about 3} per cent.

The whole of the $20,000,000 borrowed will

not be required at once, but in the present favorable condition of the money. market it is the part of prudence to issue a loan ot that magnitude because the cost of the money will be earned on deposit in Canada and the un- required balance will involve no charge on the revenue. The proceeds are to be em- ployed in paying off a tioating debt in London of $5,000,000 caused by expenditure upon public works in Canada during the past year ; in payment of railway subsidies to the amount of $6,000,000 voted by Parliament and yet unearned ; and to meet a capital expenditure of $5,000,000 authorised to be made during the next fiscal year. These items aggregate $1€,000,000, the whole of which will be ab- sorbed in the course of a couple of years, and the greater part of it within the next twelve months. Before July, 1890, there matures $2,600,000 of 6 per cent. bonds, issued by the provinces before confederation, aud assumed by the Dominion, the retirement of which will effect a saving of nearly one-half in the interest charge. The Government has, however, we imagine to prepare for a possible withdrawal of deposits in the Post Otfice and Government savings banks, following upon the reduction in the rate of interest all. wed, this action having been fore- shadowed by the Finance Minister last session. [t is obviously neither prudent nor just that creditors of the Government in Canada should be paid 4 per cent. for money which can be obtained abroad at 3} per cent.. more espe*- ially as the advantage of repayment at the option of the lender is enjoyed by the deposit- or in the savings bank, and we are, therefore, disposed to anticipat- an early announcement of a reduction in the rate of interest in the Government savings banks to at least 34 per cent. Some depvsitors may in such an event withdraw their money in order to obtain a higher rate elsewhere, and the Finance Min- ister must hold a balance in hand to provide against such a contingency, although we do not expect that any large demand for deposits will be made. But the balance of the new loan is inserted to prepare for this eventual- ity. ‘The new loan, coupled with that for $i5,- 000,000 made a few days ago by the Canadian Pacific Railway company, should have an appreciable influence upon the home money market. The introduction of so large an winount of new capital, not a little of it in the shape of deposits in the joint stock banks, will afford an abundant supply of sterling ex- change, tend to ease the money market, and its investment will stimulate many branches of trade. The capital borrowed by the rail- way company, for instance, is to be employed in the purchase of rolling stock and general equipment. in providing terminal facilities, erecting elevators, and improving the roadbed of the mainline, and expenditures of this character mean more active circulation of money and industrial activity in many centres. Then the proceeds of the Government loan are to go largely into public works. The $6,000,- 000 required for railway subsidies means the expenditure of at least four times that amount in railway construction, by which the busi- ness of the country will be materially help- ed ; and of the $5,000,000 required for public works $800,000 is for the New railway across Cape Breton, $750,000 for the Oxford & New Glasgow railway in Nova Scotia, $1,000,000 for the Sault Ste. Marie canal and $1,500,000 for the enlargement of the St. Lawrence eanals between Kingston and Montreal. These undertakings will promote the commercial ac- tivity and prosperity of the country, not only during the period of construction, but for all time, and it is through the wise expenditure ot public movey for the cheapening of trans- portation and the development of resouces, that the present high credit of Canada has been. in large measure, brought about.

The new loan is incomparably the best Can- ada has ever made. In 1874 the first un- guaranteed loan of the2Dominion was made, thai of 1869 having been as to three-fourths of the amount, and that of 1873 as to the whole amount, guaranteed by the Imperial Government, The loan of 1874 was for £4,- 000,000 at 4 per cent. and was placed at 90. Two years later, in 1876. Sir Richard Cart- wright placed another loan for £2,500,000 at 4 per cent., and realized 91 for the bonds, the credit of the country having remained practically stationary in the interval. The next unguranteed issue was inade in 1879 by Sir Leonard Tilley, immediately after the introduction of the present fiscal policy, for £3,000,000 at 4 per cent., and it realized £95. 2s. per 100, or about £4 per £100 more than the Cartwright loan ot 1576. From that period the rise in the credit of Canada has been rapid and continuous, a loan of £5,000,000 at 34 per cent. being made in 18s4 at 91, anda loan of £4,060,000 at 4 per cent, in 1885 at 10! and a fraction, or £10 pei £100 better than was obtained nine years before. And now there is a probability’ that the Government will obtain £2 per £100 more for a 3 per cent. loan than Sir Richard Cart- wright obtained twelve years ago for a 4 per cent. This evidence of the greatly exhanced credit of the Dominion is exceedingly gratify- ing. It means a much less charge for carry- ing the public debt than the continuance of | the rate of even tive years ago would involve, jand it affords a satisiactory answer to the pessimists who go about decrying their coun- try and representing ber as on the verge ot bankruptey and ruin.

| fo Tue Dear.—A person cured of Deafness and noises in the head of 23 years’ standing | by a simple remedy will send a description of , It FREE to any person who applies to NICHOL

Sox, 30 St. John Street, Montreal. 4m—ml4

Things One Doesn't Like to See.

THERE are many things which come under my observation that | do not like to see. Some of them I will briefly refer to for the benefit of the readers of THe Ex- AMINER :—

I don’t like to see young girls gadding about the streets with satchels in their hands or music sheets under their arms, when they should be at home assisting their mother in her household duties. Sume day, unfortunately for some young men, these self-same girls will be married and have the cares of a household devolve upon them; then they will be in a positiyn to fully realize the value of having good and careful daughters to lighten their labor and make home-life what it should be.

I don’t like to see girls make too free with strangers, who, in many instances, misconstrue their object. Of course, in the great majority of cases the girls are only having what they calla ‘*‘ bit of fun,’ and are under the impression that the persons at whose expense they think they are hav-

ing it will never know who they are. This is a great mistake on their part. Whena

stranger sets his mind upon finding out a girl’s name he generally succeeds in doing so. If some of those giddy girls only heard the way their names are bandied about by some of their transient ‘* mashes,” they would be a little more discreet.

[ don’t like to see a girl dress gaudily for the express purpose of attracting attention. There is a good deal of this sortof thing done in Charlottetown, and very little is said or thought about it. But it is wrong all the same. A gaudy girl may attract at- tention for a brief interval; but it 16s the girl who dresses neatly and becomingly that wins every time.

i don’t like to see a girl chew gum either on the street or at an entertainment in the evening. The habit is a disagreeable one, and one which should be put a stop to at once and forever. To see a girl’s jaws go- ing like a windmill, and to hear the gum crack as the ‘‘ quid” is turned from one jaw to the other, is not at all edifying to the spectator, however much fun the opera- tor may be having out of the transaction.

I don’t like to see so many little girls, who should be in bed, or at least in the house, at dusk, out about the streets after dark. Mothers should be more careful in this respect. Youth is the time tu educate the little ones to do what is right and pro- per; not when they grow up and become self-opiniated.

I don’t like to see children with dirty faces peeping out of doorways. I know that it is very difficult for a mother to always keep the little oues clean and neat, but it is notanimpossibility. However,the weather is warm now, and some of the children could stand an occasional wash without any dis- astrous results attending the operation.

I don’t like to see young men spending their earnings in the dram-shop, instead of helping their parents, who very often find it difficult to make both ends meet. Their father and mother, who nourished them and attended to their every want when they were unable to provide for themselves, should receive every attention at théir hands; the dram-shop keeper cares nothing for them when their money is gone.

I don’t like to see young men who re- ceive $5 or $6 a week live at the rate of $10 or $20, driving fast horses, playing billiards, drinking. whiskey, staying out late at night, and indulging in other forms of dissipation. These things cost money, and some one must furnish it. The svurce from which it comes is sometimes a puzzle. I don't like to see a married’ man stay out late at night with boon companions, while the wife of his bosom—the woman to whom he is bound by the most sacred of ties—is weeping her eyes wut at home. Just think fur a moment of the example he is setting his children—for as general thing the man who acts in this way has a large family depending upon him for support.

I don’t like the man who calls for his girl in the morning, sees her to the store or whereyer she may be engaged, hangs about the Post Office or elsewhere for her at noon and escorts her home to dinner; then calls for her after dinner, accompanies her back, and in the evening at tea time again walks home with her. ‘‘he man who in- dulges in this sort of recreation is evident- ly in the last stages of love-sickness, and the only remedy for the complaint is to fondle him with a wet mit.

There are many other things that I do not like to see, and some of them I will re- latein a future communication.

Arcus.

LETTERS TO THE EDITOR.

Market Tolls.

Sir,—I see by Tae Examiner of the 12th inst., that at a meeting of the City Council, held on the 11th, the tender of Mr. Robert McLaurin for the market tolls was ac- cepted,

I do not believe in selling the tolls, as I think that a city official is the proper per- son to collect them; fur whoever may ten- der for them has to pay into the City Treasury the amount of said tender, besides making wages for himself. He (the ten- derer) will also collect from the country people the very last cent, and thus drive them from the market to peddle their pro- duce around the town. This is hardly, I think, what the market is intended for, as { take it that all the Council can reasonably expect from this source is bareiy an amount sutticient to cover necessary expenses. The letting of the market tolls was, some time ago, by tender, and proved an entire failure; aud we may reasonably expect (from past experience), in three or four months’ time,. tv hear Mr. McLaurin petition the Council to relieve him of his tender and ask for a refund,

But the most important matter to con- sider is the amount for which they have been let—$550 without the fish on the Square, and $600 with the fish there. During the year 1586, when Mr. Chandler was collecting, “he returned $967.05, or $367.05 more than the accepted tender ; while for 1887 he returned $670, or $120 mere than Mr. McLauri offered, Now, then. we tind the Council if their wisdom throwing away frou $120 to $350 a year of the citizens’ money by this transaction ; for if we go back to the time when Mr. Lewis was Clerk, wefind that he returned fromeight to nine hundred dollars yearly. Again, if we drive the country people from the mar- ket, they will sell their eggs aad butter, &c.. at country stores, instead of coming to the city, where they will taxéd to thé utter=

o - + --FRIDAY, and consequently they will buy their sup- plies where they sell their produce. Tow, | ask, will our merchants like. this.

I may Bay that. the citizens owe Mr, Chandler a great deal, for{jthe manner in which he has completely stamped out the fraud of selling light-weight butter. Now you can go to market and buy a pound or more of butter, feeling assured that you have your full complement. Could you do this before ?

Who asked for this change ? the citizens did not.

In conclusion, | believe L voice the senti- ments Of ninety-nine per cent. of our citi- zens, and also of the country, when I say that the Council should cancel the contract, and retain M. Chandler, who is an efficient and, conscientious officer, as collector of tolls, ;

I am sure

ae CITIZEN. June 14, 1888. SE

Railway Rates.

Srr,— Mr. H, F. Coombs, in your issue of yesterday, renews his attacks upon the management of the Government railways, Mr. Coombs appears ‘o lose sight of a prin- ciple recognized, I believe, by all railway corporations —the granting of cheaper rates of carriage to points to which there may be keen competition by water, than to places inland, even should the latter be nearer the shipping centre. This, doubtless, accounts for the low rate at which potatoes are car- ried from Charlottetown to Boston—a rate which, when apportioned between the sev- eral carriers, gives to each but a small freight. Mr. Coombs’ reference to the rate on nails from St.John to Summerside and Kensington is unfair to the P. E. 1. Rail- way, inasmuch as it conveys the impression that 8 cents per keg is charged from Sum- merside to Kensington, whereas the charge is but a trifle more than half that figure.

7 RaILway. —~*>-o——_____ Answer to Puzzle.

Srr,--Your fish-conundrum: in yester- day’s issue admits of the following answer : tail, 9 lbs ; head, 27 lbs; body, 36 Ibs. Total weight of fish 63 Ibs.

Dick.

me dey See

AUCTION SALE. 60 Tons Round Coal.

RY AUCTION, To-morrow, SATURDAY, June 16th, at 11 o'clock, on Queen's W harf :— ; 60 Tons GLACE BAY COAL, in lots to suit purchasers, ex schr. ‘* Wallace.” A. McNEILL, juld Auctioneer.

SALT! SALE!

"y°O ARRIVE, abdnt Four Thousand Bags of LIVERPOOL SALT. PEAKE BROS. & CO. Ch’'town, June, 15, 1888S—eod tf

For Ch arter,

f HE STEAMER “ WILLIAM,” due here about 24th inst., will aceept Freight for Boston or Montreal, or carry Cattle to St, John’s, New- foundland, at reasonable rates. Application to be made to D. FARQUHARSON,

or ; R. McMILLAN. jul5--eod & wky tl 23rd

Bermuda Onions.

BY AUCTION, To-morrow, SATURDAY, June 16th, at 10.30 o'clock, at Rooms, Queen Street :—

35 Crates ONIONS, ex ‘* Peeress” direct from Bermuda, in prime order.

A.. McNEILL,

Auctioneer.

————>

juld

AUCTION SALE

—O b ’

FURNITURE.

~

By Auction, at my Salesroom,

ON TUESDAY, 19th INST., AT 2 O'CLOCK, P. M.,,

PARLOR SET, walnut and hair cloth, 1 ‘do., walnut and plush, 1 walnut Bed- room Set, lash and walnut do., Flock and Spring Mattrasses, Easy Chairs, Bed Lounges, Parlor Tables, etc. Atso—Crockery, Glassware, ete. G. M. HARRIS,

jul3—tl sle Auctioneer,

JUNE 15... 1888.

eeneninee —

SEASIDE HOTEL,

Rustico Beach, Prince Edward Island

(UNDER VICE-REGAL PATRONAGE.) :0:

PP HIS BEAUTIFUL WATERING PLACE is situated in the centre of the North Side of - the Island, and has been much improved, ‘and will be more attractive tian usual to the Tourist, Sportsman, Health and Pleasure Seeker. To those who need rest and quict enjoyment, it has few equals. For beautiful scenery, iuvigorating and braeing atmosphere, splendid Surf Bathing, Sea and River Fishing, Boating, &c , the ** SEASIDE” is unrivalled in North America.

Tourists from Quebec o: Ontario intending to visit the ‘SEASIDE HOTEL,” Gulf Port Boats or Intercolonial R. R., will find it more conyenient to secure Tickets to Summerside, thence by Rail to Hunter River, where Coaches meet every Train from al] points for the “SEASIDE HOTEL,” Rustico.

The route from the United States may be either by Rail via St. John to Charlottetown or Summerside, or by Boat direct from Boston (Nickerson’s Line. )

Trains leave Charlottetown for Hunter River and Summerside at 6.00 and 8.45 a. m., and 3.30 p.m. Leave Summerside for Charlottetown at 6.15 and 12 a. m., and 4.55 p. m. — run by Kastern Standard Time. By Train, secure Tickets from all points to Hunter

iver.

Guests preferring a drive from Charlottetown, can procure Teams at any of the Livery eee distance about 18 miles, through a charming country, said to be the greenest in

merica.

MR. NEWSON drives a Coach direct from Charlottetown to Rustico Beach EVERY WEDNESDAY and SATURDAY EVENING, calling for guests; returning EVERY THURSDAY and MONDAY MORNING.

The Proprietors will always be glad to give any information or assistance in their power,

TERMS MODERATE. Special arrangement made with families for lengthened periods,

JOHN NEWSON & CO,

Opposite Post Office, Charlottetown,

either by

Juné 13, 1888—eod & wky

NOBODY HURT

But the Manufacturers.

07,000 WOATH OF READY-MADE CLOTHING,

FOR MEN AND BOYS, Bought at a Great Sacrifics, and will be cleared out at Slaughter Prices,

Also

A LOT OF BANKRUPT CLOTHING,

—————

SAMPLH PHKICES: 990 mits ecliimg for = = s GSO “uiis wid oa. .. a 400 *uits we a po

—— 20: —---

S3.75 4.25 5.30

Come straight along for the Best Bargains to

. = «J. B. MACDONALD.

Ch'town, June 14, 1888—dy & wky

DRESS GOODS, NEW SHADE

AK JAMES PATON & Cb>s.,

TRIMMINGS TO MATC

At JAMES PATON & CO», —ANDP-—

LOWEST PRICES, AT JAMES PATON & COs,

nn mer DS eee:

DRESS GOODS! DRESS GOODS!

OS —— ee

Don’t Buy before looking at James Paton & Co's

DRESS GOODS

NE

AUCTION SALE

VASES, PIOPURES, a.

By Auction, at’my Salesroom,

ON SATURDAY, 16th INST., AT 2 O'CLOCK, P. M., 50 pairs Vases, 50 Oil Paintings,

G. M. HARRIS,

Atctioneer,

jul3—tl sle

EXHAUSTED VITALITY.

———

THE SCIENCE OF LIFE, the great Medical Work of the Age on Marhood, Ner- vous and Physigial Debility, Piematare Decline, Errors of Youth, and. the untold a miseries consequent thereon, Pada 3) piges, 8 vo., 125 pre- scitptions tor all diseases. Cloth, ful gilt, only $1.00, by mail, sealed. Illustrative sample free to all young and middle-age men. Send now. The Gold and Yourke Medal awarded to the author by the National Medica! Association. Address P. 0. Box 1895, Boston, Mass., or DR. W. H. PAR. KER, graduate of Harvard Medical College, oe emer. Boston, who may be con- sulted confidentially. Specialty, Dise: of Man. Office, No. 4 Bultinch Street. ®

most farthing for what they have to sell, |

DOU White a

meme —-O--—_— _——

Ch’town, June 14, 1888 —dy & wky \ uit a 4

WE AREF OPENING TO-DAY

2 GASES WHITE AND COLORED SHIRTS,

Which were shipped to us in error, will be sold at Gost and Charges to Clear,

Choice Patterns Direct from Manufacturers.

eee - me

WE ARE SELLING

THOUSANDS OF HATS

Far better value than is given by those that blow so much.

You will be Convinced if you examin) ovr Stock and compare Pricer,

o"----

DA. BRUCE,

jul3—lyr eod & wky

Ch’town, June 14, 1888, . CUSTOM TaILOR,