ee

ail pat sme

the te eae em sei

saving ‘of $1,768.97 may be effected. By

aa Tae Dairy EXAMINER.

MARCH 30, 1878.

ee a

War Prospects. Tue tdlegrapltic news from Europe, pub

* > ») . = lished in our last evening s issue, MAarK an

other step in advance on the road to war. Lord Derby has resigned the position of Secretary for Foreign Affairs, and the Goy- ernment has called out the reserves. What may be the cause of Derby's resignation was not revealed in the explanations given by him iat the: House of Lords. He merely said that “the Cabinet had arrived at cer tain conclusions in which he was not able to coneur,” and still he assured the House that ‘‘ hedid not consider these measures as necessarilly leading to war.” The lovers of peace will see little to cons le themselves with in these announeements. The mea- sures which “‘ necessarilly lead to war” are few : while England shows every symptom of preparing for the emergency. Lord Beaconsfield’s words convey the idea that the English Ministry has lost all hope of a congress being summoned, and it becomes in consequence the duty of Great Britain to make the necessary pre- parations for protecting her interests in the Mediterranean. It remains to be seen whether the firm attitude assumed by Eng- land may not overawe the semi-barbarous stubborness of Russia, and bring her to the resolve of submitting the entire Treaty to the Powers. That, it seems, is the only condition on which England will consent to a Congress; and a Congress held at this time, without England, would point to war more certainly than anything that has yet happened.

he attitude of Austria is irresolute, as it always has been, save when her imme- diate interests were menaced. Could the protestations of the Czar satisfy his good Brother that no injury would befall him, Austria would feel no remorse in letting England go imto war single-handed. But can Austria place confidence in the protesta- tions of Russia’? If she forgets history she may.

dean - ie -_ =

Mr. Sullivan’s Speech.

We regret that we are unable to present our readers with a full report of the able speech ‘of the Hon. Mr. Sullivan in reply to the Budget. Mr. Sullivan showed pretty

conclusively that the obnoxious Assessment might be dispensed with this year. He es- timates the revenue of 1878—independent of the amount which it costs nearly twenty-five per cent. to col lect—at $233,395.56. By the curtailment of such unnecessary items as ‘‘$100 to Gal- braith’s Band,” he estimates that the ex- penditure may be reduced $25,000, and, by dispensing with some officials, etc., whom he believes to be unnecessary, a further

retrenching in this way he believes that, without the assessment, the surplus at the end of the year would be $45,552.70. The following is an abstract of Mr. Sullivan’s estimate :— ESTIMATED REVENUE FOR 1578S.

Balance to credit of Province on

3ist Dec., 1877, a3 per Public

SG EGU . canes old os $ 35,246 53 Dominion Subsidy............... 163,000 00 Re ee ee 65,000 €9

5,000 00 3,200 00 20,000 090

Arrears of Poll Tax of 1877....... Arrears of Land Tax for 1877.. en as need ebes Receipts from Provincial Treasurer fee das ba aol

33,239 28'

$324,685 81 8,709 75

Refund of Land Purchase. .

: NN iin dici ving nike nabbat $333,395 56 Estimated expenditure on basis of last year, as follows :—- Total expenditure last year..... . .3331,632 13 Less amounts not needed this | BU 6 Wiis a: 4 iene siviesoe- Gy « 25,000 oe

$306,632 13

Less Curtailments :— islative Council : . ...$7,009 00, Prosing under Land . Assessment Act...... 1,168 97 Superintendent of Fdu- IS io vos oe eee Saas 00 Se eee 1,709 00 istry and Ballot Act. 3,000 00 Public Printing......... 3,009 09 j Reduction in Provincial Secretary’s and Audit- Oe SO ince sets 1,200 00 ’ ———————$ 18,768 97

Total expenditure.......... $287,863 16

Total Receipts........... "$333,395 56 Total Expenditure......... 287,863 16

Surplus we should have at end of year 1878.......$ 45,532 40

—<> 0S -——

Annexation Tendencies.

SEVERAL of the French Canadian journals bring against Mr. McKenzie a very grave charge. Annexation, they say, is the .no- tive spring of the Party that now rules in

the Dominion. This is a somewhat start- ling proposition. Yet it is one which ex- plains better than any other many strange litical freaks of the McKenzie Cabinet. ertainly among his leading Ministers are to be found men who have given very strong ene of disloyalty. Mr. Huntington, reexample, believes, or at least believed, firmly in Annexation. Mr. Jones said he would cheer on the day that the British flag was hauled down from Halifax Citadel. The Premier himself gave it as his opinion that it would have been better for Great Britain, had the head of every Stuart being knocked off. It is quite true, then, that a very strong streak of disloyalty runs through the personell of the Liberal Government in a oo their leading political acts point equally strong in the direction o poliey of hameidibent aE

- ever.

Mr. Cartwright’s Shield.

How Tr IS REGARDED ON LOMBARD STREET,

Tur following lelter, signed ‘*Stockhold- er, appears inthe London Bullionist of the

2nd inst. :

‘‘A cable dispatch announces that the Canadian Finance Minister admits a deticit of nearly a quarter of a million sterling. in calling your attention to this fact | have no wish to depreciate the value of Canadian securities; my own interests, in fact, lie in quite an opposite direction, and my faith in the stability and resources of the Dominion would not be shaken if the deficit had far exceeded the amount mentioned, There may, however, be reason to question the sufticiency of the attempts made to meet ex- penditure by wise and adequate taxation, for it is notorious that the present Admin- istration, which succeeded to power on the collapse of Sir John MecDonald’s Cabinet, and in the cloud of dust raised by what was known as ‘‘the Pacific Scanda},” has of late been losing its hold on the country, and, in the presence of an early general election, it may be feared that the popularity of ex- penditure, and, per contra, the odium of taxation, have been leading factors in shap- ing the policy of the Government. Hence, perhaps, the expected deficit. But another view of the matter, 1 think, claims the at- tention of British investors, to whom, in all probability, the Canadian Finance Min- ister will be paying another visit be- Cartwright was over here in October, 1875, and = ihe then showed in his loan prospectus that, in eight years following the Confeder- ation Act of 1867, there had been an aggre- gate surplus of 2} millions, sterling, and,he said, ‘‘ the whole of the debt of the Do- minion had been incurred for legitimate ob- jects of public utility.” The bearing this had on the security he had to offer is ob vious, and very likely this statement,which was in effect a certificate that Sir John Macdonald’s Government had wisely and prudently administered the public funds, was true. But I gather an important fact from a pamphlet recently sent to me, and issued by a Senator of the Dominion—a wealthy man, no political partizan, but, in fact, one who was instrumental in the overthrow of the Macdonald Government, and anxious to give the men now in power a chance of putting into practice the better management of affairs which they had advocated in op- position. Here I see it stated that, ina long course extra-Parliamentary speeches made by Mr. Cartwright, in one delivered at Aylmer in September, 1877, he explained away the inconsistency between his London prospectus and his subsequent attacks npon the Macdonald Government’s manipulations of the Canadian Exchequer, by an _ extra- ordinary admission, and one which he never could have contemplated reaching the ears of the London Steck Exchange :

‘“My duty,” he says, 4 was twofold. First, I had to show you, and our other friends throughout the country, how grossly our re- sources had been mismanaged, how grave and how great was the bill of indictment to be levelled against our predecessors. But when I went to England it was not my busi- ness to cry ‘ stinking fish’ in the London Stock Exchange. There are two great truths underlying all discussions as_ to the finances of this country. One is, that the great prosperity you have enjoyed for many years was very grossly abused, and made the means of committing you to all manner of foolish engagements. Another is this— that so great is the intelligence, the indus- try, and the resources of the people of Can- ada, that, in spite of the folly and extrava- gance of the late Government, you are not yet ruined or bankrupt, but are making your way manfully and well out of these en- tanglements, and will be able in a short time, I hope, to pay your way as well as It was that side of the shield which it was my duty to present to the people of England, and which, 1 think, I did with some effect. Your progress has been really great and marked, and your resources were likewise great. It was always so when speaking to you I displayed the brazen side of the shield most prominently, but on going to England I showed them the silver side, as I think you will admit it was my duty todo. There is no deception in the matter ; every word I said was true, only I directed the attention of the English capi talists to one phase of the situation, while I directed yours to another.”

The pamphleteer thus comments on the morality of the Minister :

Mr. Cartwright may say, ‘“‘There is no deception in the matter,” but it will require an abler man than he is to convince the world that both statements are true. Every honest man will say that he proclaimed in a shameful and ‘‘brazen” manner that when he, the Finance Minister of Canada, went to England to borrow money, he repre- sented, or rather intended to misrepresent, the true financial condition of the Domin- ion; and so lost was he to all sense of honor, that he evidently was in happy ignorance of having done that which should disqualify him from representing her again on any mission, and from continuing to serve her in any capacity. Who would trust a country that retained in her service a Minister who boasted that he carried about with him a two-faced shield, representing Truth and Untruth, to present whichever face he might consider best calculated to promote his objects ?

When Mr. Cartwright’s confession be- comes known in England, he may have as- signed to him a high place among the dis- honourable negotiators of foreign loans whose frauds were brought to. light before the British House of Commons two or three sessions ago, and he may find himself class- ed with the worst of them—with those who were expressly excluded from the presence of the Queen, notwithstanding that they filled at the time the high positions of dip- Jomatic representatives of their countries. He may congratulate himself that the caus- tic Sydney Smith is not alive and a holder in the Canadian Loan of 1875. The holders of the loan need not be anxious. Canada will keep faith with them ; but the readers

fore tong. Mr.

= A neem

» oe -

mee lof Mr. Cartwright’s speech will see with | deep regret. his declaration that, — ~ issued the prospectus, on the strength o | which the loan was taken, he believed it | misrepresented the financial condition of | the country. i ae This is a very grave accusation, and it 18, lone eminently for discussion on this side of | the Atlantic. The worst of 1t may be that the gravest interests of the Dominion are treated as a political shut tlecock by au gentle- man who does not appreciate their magni ltude or the dignity of his own olice, and it) possibly may be that before listening to the future blandishments of a Canadian envoy to Lombard street, we had better more closely ex oo Dominion. 1 confess that the admission of a two-sided-shield-way of doing business 1s at least disquieting, and must give investors some uneasiness, and, if Mr. Cartwright should ever again have the temerity to pre- sent himself in this market, his statements must be received with caution. At the same time, I would rather think what he told the English was true, and what he told the Canadians was colored for political pur- poses, that conclusion being the more con- sistent with my own knowledge of the coun- try and the temporary causes of depression in its trade. owt ~a~s

Eastern Notes. e

(From the K. C. Advertiser, )

Rev. Ronald B. McDonald delivered a lecture in Vernon River, for the benefit of the Temperance Society of that parish, on last Tuesday night. The number of mem- bers enrolled in this Society is over three hundred and fifty. +

From the 6th of March to the 27th, in- clisive, the Northern Light has delivered in Georgetown 60 tons of freight, 92 passen- gers, and 2,900 lbs. extra baggage; and in the same time 20 tons of freight, 65 pussen- gers, and 2,100 Ibs. extra baggage were landed at Pictou. Some of the freight car- ried is very valuable, while some of it is general merchandise of a light character and occupies considerable space. On Tuesday last the steamer brought over 100 barrels flour, 20,000 pourids timothy and clover seed, besides a large quantity of other valu- able gor ls.

We have been thinking that the Govern- ment has lost sight of the Montague Ferry. But since it has been our good fortune to have the ‘‘Act relating to Fires, and the removal of nuisances from the streets and squares of Georgetown,” continued, we should not despair. Yet we are anxious to hear our Representatives keep on talking about that ‘‘ Everlasting Ferry.” We cer- tainly expect something more important than a ‘‘ verbal agreement” with the owners of the Lion this season. There is not one member of the present Government who does not fully understand the lamentable state in which this Ferry has been left, and they cannot avoid the necessary expendi- ture any longer.

According to existing railway regulations people from the Eastern part of the Island going to Charlottetown to transact any busi- ness have only two hours time at their dis- posal, if obliged to return the same day. The Railway Superintendent must know that it is absolutely impossible to transact any business in that length of time. To make matters even more unfavorable, near- ly all offices are closed between the hours of 12 and 2 o'clock. It does not suit people very well to remain away two whole days from their business. To make a satisfac- tory change it is only necessary to leave Georgetown and Souris about two hours earlier, and return nearly two hours later. This alteration would give passengers more than five hours to arrange their atiairs_be- fore returning. A little more speed might be then worked out of the lron Horse if he is to supersede the lame and lazy for a lengthy period. It now requires three hours and thirty-five minutes to come from Char- lottetown to Georgetown, while these two points were always gained in three hours by the stage coach which has been abolished for a more costly and less satisfactory mode of travelling. ‘Chere need not be the least surprise if ‘‘the railway does not pay,” be- cause many people are abandoning it al- together and falling back upon their horses and vehicles.

A Discarpep Ferry SteaMER—WBHY NOT RUN HER AT Montacuse ?—A correspondent writing in the Datty Examiner of the 26th inst., makes the following sensible remarks respecting the absurdity of continuing the Govternment steamer ‘‘ Southport” on the West River Ferry :—

‘‘The steamer ‘‘ Southport” is not suited to that river at all, and the arrangement under which she ran last year, calling at only two wharves on that river, does not suit the people and is not calculated to be a paying contern. If the steamer ‘‘ Southport’ is not suitable for the ferry between Southport and Charlotte- town, for which purpose she was built, why not sell her and buy a boat of less draft which could touch at every wharf on the West Biver —which could be run at half the cost, and make twice the money that the ‘‘ Southport” made last summer and be an accommodation to everyone who lives onthe West River. Such a boat could, on market days, call at every wharf on the river to take people to and from Rocky Point and Charlottetown, or wherever wanted.”

Instead of waiting to build a ferry steam- er for Montague as proposed, why not place the ‘‘Southport” there immediately, owing to her great draft of water; for either the Charlottetown or West River Ferries. In this respect there is no difficulty on the Montague River—and the slips on either side contain no obstacles that could not be removed at a nominal figure. If the Goy- ernment is required to build a steamer let it be for the West River Ferry, and by so doing they will meet with the hearty appro- val of all concerned.

isncelaallliisctililiiaaaitacs gk

Recrvuirine.— A correspondent of the Pall Mall Gazette states that the Glasgow

amine the public accounts of the |

a 1I- -

RESERVE your Spring Order, LOWER THAN EVER BEFORE,

and get our Low Quotations —

CARVELL BRO’S, accents.

Ch’town, March 23-—sw pat 8 jour 2)

at

y NT Ve V4 ‘ - \"\

yy ee gene

4

Tt A / NON \ eB aN \ ¢ .

ee

REGULAR TRADER.

FROM LONDON TO CHARLOTTETOWN,

‘A Cs ae a

f

4 ros

oe a! brea h Ks |

+} Se ee

ps ae 2S cart F oy te bo

et Tg ne me

PRINCE EDWARD

IS 78..

——

ISLAND, DIRECT.

eterna of) 9

SPRING TRIP.

i878.

The Well-known Clipper Barkentine

ETHEL BLANCHE

(NOW ON THR BERTH) 5 428 TONS REGISTER, COPPERED, AND CLASSED 9 YEARS, Al, AT LLOYDS, JOHN GRAHAM, Commander, WiLL SATII FROM LONDON

On or about the Ist APRIL, Carryi SUMMERSID

Freight at through rates to PICTOU a GR RGETOWN.

———--—— 0: ———--

This Vessel was built expressly for the London trade, being thoroughly fitted out in every respect, with splendid accommodation for passengers, and offers every inducement to Shippers, as she has made some of the fastest passages on record, to and from London, always delivering her cargoes in splendid order, and we her three round trips regularly every season.

vi

Parties wishing to have their Goods

elivered here early in the season will oblige by for-

warding their orders in time, so as not to detain the Vessel. For freight or passage apply, in London, to Joun Prrcarrn & Sons, 69 Cornhill; in Liver- pool, toPrrearrn Bros, Brockley Buildings, 51 South John Street ; or here, to the owners, —

PHAKE BRO’S & CO.

Charlottetown, Feb. 2, 1878.—3taw

Cloths and Clothing: Ready-made or Made to Order.

JUST RECEIVED A Very Large Suppkly of

READY-MADE CLOTHING !

HATS, CAPS, TIES, SCARFS, SHIRTS, &c.,

—ALSO-

Tweeds, Coating and Cloths,

Buyers before leaving their measures er orders elsewhere, should inspect our Stock and Prices.

ROBERT ORR &CO.

Charlottetown, March 18, 1878.

eed? Be S'C. SS. Ucean Steamship Co'y

eect

OF P. E.

pipe axe, Tar: a SLAND.

SPRING TRIP.

The First-class Iron Screw Steamship

“Prince Edward,”

1364 Tons Register, Cassed 100 Al, which is the highest class at Lloyds,

Robert Fraser, Commander,

Will be on the Berth at Glagow to re- ceive Cargo about thel5th March,

Leaving Glasgow for en about the 5th April, and will leave

Liverpool for Charlottetown! On or about the 15th April,

Carrying Freight at through rates from Lon don, deliverable at Charlottetown, Pictou, Georgetown, Summerside, Souris, Alberton and Shediac.

For Freight or Passage, apply, in London, to JoHN Pircarrn & Sons, 69 Cornhill; in Glasgow, to JAMEs KELSo, junr., 134 St. Vin- cent Street ; in Live 1, to Prrcarkn Broru ERS, Brockley Buildings, 51 South John Street ; in Pictou, N. 8., to Noowan & Davies

or here, to PEAKE Bro’s & Co.,

men are joining the army_at the rate of} 1,000 men per week. ;

Managers Charlettetown, Feb, 2, 1878, —3tew

ee

FOR SALE,

ia FLRST-CLASS Ship’s Chronome i‘ | 4. Maker: Dent, London. Will be pty

| Apply to empeay E. W. TAYLOR.

GROCHRY >

| March 28—3i —AND—

rTOMsioN Stare

| | Cor. Great George & Kent Sta

|

| PPNHE Subscriber wishes to inform his friends and the public generally that he still keeps on hand a choice assortment of

Groceries and Provisions,

AT HIS OLD STAND,

and will be pleased to have them call and mspect for themselves.

ens

ON ELAND,

10 CHESTS CONGOU TEA,

(‘* New Season ”)

1,000 Lbs. Canadian Cheese,

; 10 Casks American Kerosene Oi, (120° test ; 36 cts. per gal.)

20 BARRELS SUGAR

(all kinds),

100 Bhis, Sup, Extra Flour,

3 Puns. Very Choice

MOTLASSHS 40 doz. Pickles, 30 doz. Assorted Jams

20 boxes Dessert Prunes,

100 Tins Sardines

CANS PEACHES, PINEAPPLES

STRAWBERRIES, TOMATOE

NEW RAISINS, ZANTE CURRANTS: DRIED APPLES, STEWINC PRUNES,

309 QUARTS CRANBERRIES, . CREEN CRAPES

00 LBS. SMOKED HALIBUT,

2% QYLS. CODFISH,

100 BOXES DIGBY HERRING.

and all i usually found in a First- Class Grocery Store.

FAMILIES’ SUPPLIED BY THE MONTH

DONALD NICHOLSON.

6, 1878—y.

|

od