‘ t raiiouaapun. cnau.o‘i"rs'i~cwit.
V = ,' '-.~ _ 54.. . , _ __ . ,,.,,, _ _ », - ,,
W _ f tc... - “Ins government has seen that there is
- such a thing as toemaoy precautions, _and
too stringent provisions. The contract
i__....i--»
A rassdd ln'ti.i"a London money' markst.
wus found to impose such severe condi-
tions u n the Grand Trunk Paeitic that
Pllilllll' Elllllllllll Milli PUBLIII; -° _
visions are relaxed Still the public
will be surprised lo learn how little
Piiiiti Muni liiiiiisiiii ini win.,,,,,,,,,,,,,.,,,,_,,,,,,...,
in
financial assistance couli no. be atta .
As the country needs the road, the pro-
' isonrnaai. wrrrrirss.
The witness says:-“The changes in the
rsement as com ared with the old
Tim Ci18\1g¢Sin the New Agreement, as Compared With the Old, Relate Entirely to`““"°B P -
Fi -_ relate entirely to financial conditions,
nancia o tions Easier for the Oompany and Harder for the Government, and
easier for the company and harder for the
1
‘ government and to extensions of time in
to Extensions oi Time in Which to Complete the Contracts. But the En- “ble” °° °°°°°‘°°° ‘he °°““°°“- 9"” We
enterprise remains the same in spite ni'
harder conditions and of all the
terprise Remains the Same in Spite of These Harder Conditions time
` ` adverse criticism that the government.
has had ic bear because of it
and of all the Adverse Criticism that the Government has ..T `
be country has no special reason to
' find fault with the amendments, except-
had to Bea' Because of lt' ing perhaps it be that relating to the de-
OHAWA. Feb. 29.- ras msaiamioas
posit, and more particularly the amended
clauses concerning the common stock.Bnt.
f te rl b th _
° ° Y enovemmenh In this Datum main" aetheeompany has evidently found the
the Grand Trunk Paclilo contrast which lar the En li h d hi h ld Th i h I ii
bl" besil saved upon between the gov- ilor'the appginstmleedxtxixa’ mlina: er‘ldlr°:'ge:l; leaseefrglzimtinenycozlanlllsldirerdAlilrliigilirtdd W°vm°" °t uw bm wo °n"°“s t'° on",
°"“m°°i' “id 511° °°U1Dll\¥. and which will to receive is substituted for the remedy for the construction of the 'eastern divi- out in the Wage" phenommal sm" Dt
' - ~ the money market, the government was
be submitted to a meeting of the gnu-¢
by foreclosure or sale. In this event, it sion such portion of tho eastdtll division -
led to make concessions unless it
iroiam ofthe G.'i‘.1t.onm a i L 2 iiiiwu. d i °°‘“
D IJ! n on w e utyo the manager under the as may from timetc time be completed were mme me pmnctkmed Alwgewerf,
5°". Mid “Willy to the Canadian parlia- amended contract, in case of default, to upon such terms as may- be agreed upon
mont, were given out here olclally to- manage and operate the western division, between the commissioners, to use and _
to receive all the tolls and revenues, to operate these portions without the pay- '
There are only one or two important pay the working expenditure, and tc dls»\`, ment. cf tolls or other conipansatlon in the A
trinute the surplus revenue. portion of ,execution of their commission.
night.
changes.
The Hllvarent obiect of the amendmsn
ts seventy-live per cent, g -
ia to facilitate the linanciog of the moun- anteed by the government, and ANO'rHxa claus: rn Favor; or ooiir-ANY.
tain section of the road. and to provid
in case of default a remedy known to th
English bondholders, who will have
Pl'0Vide'the funds for the construction
the line from Winnipeg west.
The control cf the location of the lin
westward remains in the hands of th
ROVHDIIIBHIS. and the close identilicstio
of the old Grand Trunk with the compan
is maintained.
Thercis no change wheteverin th
eastern division.
The location lease, construction, opera
tion, etc.. remain unchanged. At the on
B60. the object of the government was
tion to the manufacturing centres of th
east, now reached by the Grand Trunk common stock, which they have agreed
tion of the northern portion nf Quebc
of the bonds uar
e twenty-dve per cent. to the hoidars of
o The company is, throughout. the term
SYBNID. I-0 UDB!! up the undeveloped por- to take.
a
and Ontario, and to provide an ull-Can
didn F055 UBYFYIDR Canadian products l
Canadian seaports.
uovrarmiiu-:N'r -ro cn/iitarrren 75 can crmr.
OF COST (JF HOUNTAIN SECTION.
The first important change is cxtendin
the bonds ot the mountain section. Tn
substance of the change ls that the gov-
ernment undertakes to guarantee th
bonds of the company to be issued for th
R
~ of the lease, obliged to hold a majority of
c the stock, so as to enable the G. T. R. lo
control thepolicy ofthe Grand Trunk Pa-
gific Company.
TIMEFOR WESTERN SECTION IEKTENDEI)
8 THHEEYEARS-
construction of the western division, no ng YM", or num Decemhér' “HL
to make the proceeds of the bonds guar-
anteed, asum equal to seventy-ilve pe
cent. of the cost oi construction.
The limitation of the prairie section l
respect of the proportion of the bond
guaranteed, is rs.alnsd at $13,000 a mil
but thi- limitation in the rriglnai contra
c
with regard to the mountain section o
$30,000 a mile, is modilis:l, and the gua
antee under the amended contract
seventy-live per cent. of the cost, of co
struction.
gAN°T FORECLOSE IN CASE OF IEFAUL'
Another important change is in respoo
'to the remedy in case of default bein
made by the company with regard to th
payment of interest on the bonds gun;-M..
llll. A. W. illlASE’S c-
0ATAllllll CURE . ..
ll sent direct to the diseased
plans by the improved Blower.
eals the ulcers, clears the air
passages, stops dropplnfs in ihs
throat and rmanani y cures
Catarrh and Efaglfever. Blower
All dealers, or r. A. W. Chase
wil
1.
l`.
“ road.
B The original contract did not provide a
° time limit for the completion cf the cast-
°‘ ern division, although the company was
I obliged to complete the western division
at a Hxed date, and to provide equipment
in for the whole line east and west, of 520
“` 000,000. Amendment waslthereforendcpt-
I ed, having for its object to provide that
in ihe event of the western division being
f, completed and equipped with rolling
g stock to the amount of $l5,000.000 before
e the eastern division is constructed and
completed by the government, the com
guarantee.
t.he.sxtAnt of $20,000,000, of which $5,003,
PRPER
Spring means that nature is renewing herself. Why not
renew your Wall Paper? We keeP “H Gf5d°5’ an
tl ble roll and
prices but the lowest starts at cn; figure a on
goes UP-
If only for your financial
beneiit we want to tell you that
we have just completed opening up over $2000.00
Dollar, wgffh of the handsomest designs in Wall
Pgpgr, it has been our good fortune to secure. just here We
wish to remind you that we are Sole Agents for P. E. Island
for Ce.nada's Greatest Wall Paper Factory.
(Messrs. Colin McArthur6» Co-. \1°°fP°f°¢¢d) Of
Montreal
'1‘h¢'Deg|gng and Coloringg of this year's goods ex-
cel all former productions
Perhaps your Parlor. Dining Room. Hall. Bed-
_ Room or Kitchen needs an new Wall Paper
Dfggg. It will not cost much if youdjzuy your paper from US-
' 'Wo hav'e"Htted upa pleasant an bright S ow Room
on ¢°n‘d F1991- immediately over main store known by
l 5' ¢` ' ' y as "Santa Claus Headquarters” easy to get Sf.
_ d galil# impsognby sour-araear.
V I of , ,L !lag`*h?st.il;'lhh:n'thIs pgiedtland rdglilgzily
`, committing the country to a great undrr-
_V ' taking. It tn sont thatl stssdol h \ - -
TELEPHONE 10’ , ing reeklsasnar; tha gnsernmentrdseiv
,f |MPOR_TERS Akmlc WALL PAPER» 4 , :tp’t::° e-t|1r)itt;:t"vl:i)i;:i8;or1\l:n‘i°|)rr°'scal\;tioLr::-‘g mmm 63.
*.7 .
‘ h . d 00-
°§°='.€‘:.:‘;i:_i;:.“::‘..:'i..¢.i.'r,: so wo _
, your-.request for your inspection. .
o bonds guaranteed by the G. T. R. In elf- Wllh l`e5D€°i- W U10 MOMIUU 990*-|90.
to oomprovigiof. is mule fo,-411.,-,,-|h,,;10,,, in there is an amendment to the clauses ci
of case ordsianit,oit.tieffir..i..,¢.oft.ii» road the orlslnal agreement which provides
between the holders or bonesgnaranteed `thatl'0rlbe first seven years after the
5 by the government ami the holder or -line was in Operative the we-pany was
. ,bonds guaranteed by thc ri. r. it., in the ',exemnt.fr0w the payment ol lowest on
.1 proportion stated. All other bonfihoiders the bonds iwsranteed by the government- _ .
y and shareholders remain unprovldcd for. lf. f0!` f/he “BU Y-MP0 YGBPU. liiiffllllli The "ue mmm of beauty ls hmm"
The amended agreement als: provides motif in me DBYYHEIIU Of TDEEPSSU. the ill'
9 that thoposnc-sion ni the mlmnger ;,h|,,11_( terrst was capitalized and hore interest.
terminate when the application of the ‘The effect ofthe amendrrient is lo provife
- surplus tolls and revenues shall have paid ‘ibut lifter i-iw lellih .i‘H\f. when Undef T-U0
5. off the an-Enya of |ur,¢|-ng;_ _ original agreement the obligation to pay,
to Another change in the contract is made llllewfif WHS HUSOIUIB- 11° DF00¢@
. To have xvNNrNi: vownus oven
noaii airrizit 50 YEARS.
If the gowrnrneiit undertaken the oper-
ation of the eastern division at the end of
fifty years, the company stipulates that
they shall have for another period of fifty
years, such running powers as may be
necessary for acontinunity of operation
bi tween the western division and other
portions of the ccmpany‘s system. Pro-
vision is made that if the government un-
sion at the end ofthe companys lease,
and the company have constructed
branch lines connecting with thi-it divi-
sion, ihe government are to take over the
brunch lines'at a valuation, and in rating
such branch lines the amount. of any
grant or grants which the company may
have received frorri the parliament ‘oi
Canada may be deducted. ,
As a result of this agreement it may he
contldentlnily expected thai. the grant of
$5 000,030 will be duly made in accordance
with the statute.
PRESS COMMENT. _
MONTREAI., March 1.-Today's papers
with the rxceptlcn of the Star comment
on the amended airreement between the
government and the Grand Trunk Pacino.
tract. which parliament has sanctioned.
They increase the possible liability of the
country In the matter of bond guarantee.
“They reduce the power of the govern-
ment to recoup itself in case of a failure
of the projected road to earn enough to
pay interest on its bonds.
“They will also help to make it sure
that the government will not. at the ex-
piry ef the lease take over to be
operated by itself the eastern division.
“They show that the haste with which
the government rushed through the
original bargain was bad for the company
as well as for the government, and the
country.
"They will give occasion for hostile
criticism ofa scheme that was open to
grave criticism in its original shape.
“They will doubtless be accepted by
the malorlty in parliament. The position
of the government and its party is such
that they must accept anything the con-
trolling minds agree' to.
“They will give new reasons for regret-
ting that a lot of political muddlers ever
undertook to amend the original business
propdsitionof the Grand Trunk Pacino
promoters."
KOIIRIAL HIRALD.
The Herald aoys:“The proposed changes
in the trans-continental railway contract
have been made public. Canadians will bs
gratided to learn that in all lb sesenr.ial_s
the agreement with the Gr-and Trunk
Pacino ramaits an it was wks it secured
the signature or Mi-. ini ng, ming
minister of railways. There has bees
some relaxation ci the iii-st stringent
Rich Soft Skin
prove Your Appearance.
and maintain t
When beauly begins to indc you can
almost certain that some ilcraiigement.
functional uctivity is secretly unfierniin
ing strength and vigor. This must
which viviiles ull bnliily fiiiictious
and locks immediately follows.
nutrition an-i quiskens the foruiutlon
reduces the wcaruud lciiroii thc body
imprcvririeut follows.
brightness.
that invariably follows the use oi'
merit. Toits enduring and lasting
downe, Mrs. F. G. Butler says:
dcrtake the operation of the eastern divi- “For yeah, I had K ,_,,`,,ow complexion
I did everything so improve it but didn’t
succeed till I used Ferrnzone. IL improved
the condition of rny blood and in u few
weeks brought u rosy llusli to my cheek.
I took one Ferrozonc tablet nt uieais and
gained strength and flesh. I can strongly
recommend Fei-rozone to every woman
w car health cnrri lexion.
who ants ci ' y p
Ferrozone did wonders for me."
should get it right away. But beware
zone when you ask for it. Price 50::
Kingston, Ont.
____--_-_._
ed out thoroughly. _
_______._--
TIIE l"ilil'}S OF ECZEMA
disease. It is of iricstlulable va ue
becomes a household necessity. D
world over, and has no v\'or.hv rival.
sPEc|A`L'NoT|cEs.
See the line of men`s boots we are si-,l
ing for $1.00.-Gcil Bros, 5 d li
Vi
Do you want a carpet. this apringi
Mark \Vright Furnishing Us. 5 d li
line of hats in the city, worth looking s
Boston Dsrhy. 5 d ll
___i____.-_-1_-
,EA MAN WITH
ONLY ONE EYE
Can readily discern the difference in
the qnilitv of Moncton Make com-
pared with imported-
-OUR GOODS ARE AHEAD
: OF ALL
3 See the lil'\~.< 1 rn Tweii-i
AT 70c. PER YARD
. hat's all we as-lr .
I The Humphrey Clothing store.
'ipcra House Building..
.. -.._¢~l..~
'-3
` ` ` ` |fwsr-ld of iinanee, found themselves emtmr- ; . . . . . . . . . , .
. . .. . . , . . . . . . . . . . . . . .
.. . . ..
.
a_.l\...
WC ll2iVC- 8 i0l 0f SCD3l’3iC D2lliS WC HIC
Bring Joy to Every Wcman’s
Heart, and Draw Admiraticn
From Every Man. How to Irn-
so
ut the first signs of fallinir health every-
one should take proper sicps to regain
heal h.
be
of
be
stopped, and can be stopped by Ferrozone,
so
quickly that nn improvement. iii health
Fcrrozone increases the appetite und
improves digestion. 'l`his stimulates
oi
rich pure blood. Better blond uii-ans
s'rn~r1fr nerves. Increased nerve force
i Strength develops, spirits rise, an aliround
A reliriildiiiiz process is started by Ferro-
zonc that results in or plump, well devel-
oped fignre; the complexion lwcames clear
nriri rosy, pale hollow cheeks iiii out and
sunken eyes tiike on ri new lustre and
No lndy can alford to miss the benefit
this
izrand restorative. Ferrozone isa tonic,
arebuilder and regulatorof unqualified
_ ff'
sulls thousands have testified. In a con-
vincing letler frwm her horrie in Lans-
Ferrozone is-the best, quickest and
most permarient road to nealth. You
of
a substitute and be sure you get Ferro-
. per
hox or six boxes for $250, at all drugglnts
or by mail from the Ferrozcne Company.
N0 SPLIT IN FRENCH CABINET.
Panrs, March 1-The Figaro this morn-
ing publishes an interview with M'Combes
on the subject of the reports thnt the cab-
inet is likcly to fall soon. The prsmlcr
ridiculed the idea of any spill. inthe pres-
ent majority until the program of anti-
clericai legislation shall have b een carri.
So keen is the sulfcring ol' many people
who endure thc stinging, itching sensa-
tion of Eczema that they speak of the
skin us bein? on fire. ly its soothing,
hcniinii, ant .septic lrillucnce Dr. Ciinsds
Oiniriwiitpositivcly cure:-I Eczema, Salt
lthcuil., iirid every forui ofltchlrrg 1-kin
in
every home, and when once introduced
r.
Cl\ase's Ointment isihc standard the
Y
have 5,0(X) yards to sell at Z0, 30 and .i0
per cent oil` regular prices ~salc no w on.-
Hats and caps are a specialty vr itll us.
This year we have the ncbbiest up-to-date
t.
Perhaps yoii did’nt know we sold hats.
Come in and we`ll surprise you ! --Weeks
BL Co., Hale and Caps, Sole Agents for
mln: 5': ‘Q04
` V' -1,-
, _
V 1- . ‘. 'e
\\,¢;,T_ _
. 9
l _`
_ o'°~._ zu
N A -f°”'°‘-.
*O
\ SJ
@*§T;"°`
to
An A
Yi’ v
.a
C
X
t ‘ _
Sl
_ -gig' " `
p _/,..f@“":
r .;*/.-.:<:..If.- ,. ~_
.//- “ # t
A /.'\_':~' W
..- _ _
_ 1. I o c“ pg
`ti
U _ "\._
egg- r»a_1'
__. -..- __
P .
E'
J?
t...f_
.atti-
~. en- -
' `/4' 5
2 T'-_ ._
rr!-
?! /9
i ,_/- “_lt_ "' ‘
- Y '\f.:i\f”’f-ff,
_ . . » ff/3
Vi. K / ,
pk. - _.r-.
\_ 1- » .
INENTAL
%f°\°-
' 4
5’
xi
Q.
""-i .,”
'_-1 ' -e - _
r
/,.>'_'.
_.D/-»--“lasik .-
' \
~ 0 .’
,,;.f___,./'
fi’ -°"'
¢~»°
nb*
1 .~¢
\
_*_
f
¢/8
. t 1 ,’
[E A ' "/ 2 Ep/
Q Q Q* L I
S-C()
\°- A
M3
Jabiwa
/w'i‘_""`-"f»W,r~
00
A ,RUN
7,... ...ei _
Wa? ~.`4_`__‘"
P ,., `
F 0r
.` Q
Y/*£2/'£63
' :."`E
Nail- -go
,l \
4,: “QA ,N
‘A
°'/
\'( V :mr If
° I /\
.l 'o
Hts,
RAN
woiirisihh 1% ~ -G-5.
,, <3
}'u`,’f.e6
,` ` ,_4_v__ _
°"<" »fc°2l;tf> t
9 SM (l"l_Ol‘
5 ,,_ err
-ri
W 7
JH”
" ‘fi l"£/if
OF
A <1’
i.i.`.s“¢<-5-”"
0
_..-..~...- I
° .-. I
4,/°"
`; ‘_'_"-~
. é-2 o
..
m _ ,.
Til
-I.;
ali” ”-`
‘_ M T
\ - _ t
_,M
”1¢`-.i-QM” -'
_._..,.-_ ._»1sJ.
_g‘v;'§r_1':: ~:Y.` "- -
(J
‘. .qizé
Lf
I; ..o`(£a ,"1
Q ' l'\ v ».-U
< -1 D' ' ' ‘
»- I
E ~ , f
.
_ M, Le. 3
`,__ _ _
vw_r¢u.4s
_'ff "‘-= '
Plui
f\H&°.t.e$§
‘-__ <°)t`.;
"-1;-__ \
T3'
~.._4__-,..§g_
CE
r
l
l__.
\ `v' V
T bi LATEST
\ 5;' _ A Q1
,__ Pac ¢F,d.?.°.lilc.?
AN ~o,,,‘ "
“n ff 0
/ 5;/ 'tr
*_ )/ ¢ o. a\\\€l
, ¢‘\~_...;:'§__ .~ "--..
J'-J ,. ~.€.`_.m (po. S
-\ / / /vo*-,E
\ ,' _ fr
" ' ‘ \_f_/ff "\°.fi`:.
' 'C 'LM
I
. - `/“\
. 3 "
1 ' M
'Naa-
--3 ‘
.;°l_ f
<"-._'
/ : i
'-~ ¢
W "'~~~~ef'-. 5'
SKA
V:/__ f’.“.9
'\,\
-o
,\ _,,¢ I 3
\ _Q I: A A , /ps. (Ze,
`5 ° \ . "Z\_,.a/
LL
_., \_ -1
'- ?.A`_,
f \
t/ ~ ‘° ef. »
, ,\ ,
_,`_/\/~/ 0%' ,
t , t‘~
\_` l wiki; T ok
1° _/_
.IX ’l,f,_%'e~§f hk )
2-
1*!
.EQ
T rv 77"”
.7 J
B
fl . I
6,79
'4J
L_.
'S
/i ,_.“
> §
q pg A (Z__¢q°`,\8
\ af; .f
71 3°!!
"a,,, t 9.1: /1/9,
O ow"£;i r
__ /.1/,Md i, V5),-(L./,
ff?
\/Y b>°:_y`_
-`; vii'-"J, <>
‘ -'\ r
Q F
5’ @-
fig
_L
‘f \~\f
-P OCEAN
\`\ l
5*
- .-
__a'
» .`
-_ ` £5: i wt rx; , I ,
,,. --~, ‘ tl
,,=,.1 Y\ f ,ucv
, , - ¢ ~ .
,t
yi, .1
if
1
be .
at
»‘.
0 1
1 I
1
1 . »
,.\
l , 1 I _
,
i
t V , l | \ I
/`/E,
i
_ ` _
ll bsi rsill bst rs!
We beg to notify packers that we have a full line Lobster sup-
plies and fishing outnts for sale at iowc~t prices, including following :
3000 cases yé flat cans.
i500 " i lb flat cans.
500 " Z Hat cans. All guaranteed.
500 " ;{ flat cans. _
500 " P4 ljlll CMS- :ooo coils Rope. all sizes from
3000 lb- 1"l§0t Tin. othto zrtli.
300° lb- Plz lesd- 2000 ii. .\i...iiia Marlins.
6000 lb- 501615- _ Lining cms 5000 yé flats,
zooo lb. Lobster Twine. '~ ‘- 2000 f1a¢5_
roo lierririg Nets, " -- ,000 M f1,,¢_¢_
2 bales Sail Cloth. ~ -- ,,,00% f\,,¢g_
Also Meets i`l»rk, Prime Mess, Hams, Shoulder.. and Tlacon.
Highest prices. paiid for A r Lobsters
C- D. LONCWORTH Gr. Co.. Cherlotletmvo-
We arc selling _for $1 O0 a palr.~ J. B. MacDONALb X -. _ _
5 , _ Q S ’ selling at very lf' mites. You should sec tli-2-,_f`_li'iricl
‘ 1 l
a
.-