gummmmds @’ hushed. AND WESTERN PIONEER. DEVOTED TO LITERATURE, SCIENCE, COMMERCE, AGRICULTURE, TEMPERANCE AND NEWS. Jot 4. Summerside, Prince Edward Island, Thursday, May 27, 1869. No. '35. THE Summerside Journal. - ram-nu sun runusnn av-anr THURSDAY EVENING, I? JOSEPH BEBTBAM, .s'r ms orrxos, omen. eraser. TERMS: I copy for one year, in advance, 6-. Id. “ “ half advance, 1s. 6d. at the end of year 9s. is u Mains getting up canal of rust Subscribers will be entitled to the Jouaaas. for oneyear. ADVERTISEMENTS- iusertsd at moderate rates and in good style. Bruins. Aoanlaxrs may be made on reasonable terms for I whole, a half, or quar- ter column, or by the year. Job Printing -of ovary description, performed with uestness and despswh, and at moderate rates, at the Jooaaar. Office , _Almsnac for. May, 1869. IOON'I rinses. Last (Ba, Ba day, 9h. 28m. morning. I. W. New Moon, 11th day. 9h. 55m., morning. S.W. First Qtr. 18th do , 5h. 11m., evening, 8. Full Moon, 25th I . 11h. 11m. morning, N. . . . I ssaasuooss arm OFFICI "may on mm]. .l I," SUN ~ last i'd‘enc-l moon E E Held Queen’s Wharf, Esmeralda, P. E, I. C?“ furnish :s‘vmvesteneis and Monuments ata O . _ . < , css price t ion any at for establishment in . wean rises sctsl clooklnorth rlscs o - (opposite the Store of W. LiluntdtCo.) the Province“ and pay a duly beam“. I "I m 'h ml m 'I I h mlh m Apr“ 2' "'69 I, H“ Oansns can be left at Brennan‘s Book I But 4 21 g ‘45 3 14 10 2; 1305: 39:11:52: at D. ENIAN'S, Esq.. Summersnle, 2 an 9 3 1 28 l 9 16 19 AUCTIONEBBS A. W. ANDRES. 2 gig:- g g ‘3 :5 l 48 22 c s i M ’h ts Point Du Chem, June 11th, 1868. g m. :2 3 gr: :2 g: g :3 :3; 0111111188 011 01‘0 an . No... no... and Mounts. 7 Frid 4:1 10 s as 54 s a 12 27 AND GENERAL AGENTS. I c a Sat 42 12 s :3 go :3 233143 mm, “mm”. _ , “um, "um, nsurance ompany. :3 i111 ‘ :57 ll 34.. .3 15 4 3., a. camorrnrows. r. 1:. I. FIRE AND u 11 Tues 89 10 s 5057 43 sets :17 HANFORD .BROTHERS CAPITAL: TWO MILLI , Ster ns- ]2 Wed 88 17 3 5212 53 8 20 89 , 18 Thurs an 18 8 21 4: I: :3 Successors to Mamas llanford. clues OFFICES: u 1”“ 35 19 3 ‘2‘ ' ' 64 Princes Street, Edinburgh. is Sat 84 20 85256321115 46 @nnlmffimnn $1“ hauls .. n L d _ 16 Sun 4 337 21 s 5210 2s11 5914 49 A d G 1 qnt ’ 6‘ “mowed” mm" 0“ 0“ 17 Mo“ 3‘ 33 a 50 2‘ 8 mom 52 n enera “0 8’ Risks taken daily, in Town and Country, of )8 Tile! 30 24 3 “‘37 16 0 47 5‘ “ "um" "‘"K" WMM‘ the oliice of the Agent, Reading room 19 rhea :2 g :53 i g; SAINT JOHM 1V- B- Building, Dore-heater street. '5’? Fry‘s" 37 27 3 39 15 5: g 3015 3 Gun. U. Ilssroan. Face. 8. Hartman. Gene“! Aggé‘gr- 93 s" 26 "a “ 35 93 ‘ Ch l tteto n,.lune so 1868.—l r c s“ we 32:23:22 2": V‘: l" “5" “'°M.'w H’POPEy 2 on . . _ 25 Tues 2s 81 s 29 o as rises 10 Commissmn Merchant, ms minfmmthe “We mm“) m w 26 wed a, 82 s u g g g; AND “mm” 1" sumed the practice of the Law. 35 $213" gill g: g l13:10 5110 28 1s PROVISIONS, 650.. Orrlcilzi—Argclwldogfl below the Bank of 3 53 4 ii 11 10 I7 _ Prmce E we I an . 33 4 lg‘l 9? g 45 43 lit 11 6015 is 81" "I 3' Cliurlottctown,‘March 18, 1869. 31 MD“ 39 a9 a B1 57 53 "mm 20 M- lees personal attention to the Sale THOMAS KELLY, R and Purchase of every description of Goods. B _ _ L Casualties-aisle Marketa. May 9, 1868. May st, 1909. A“, Beef perlb lb (Silas GREEN GH: Emmy Puma, M. tto l ‘ - - - - 1 I . gaute pldrptfdsh 2. 0.1 s2s so ' F L 0 U R suuMERNDEI 1’- E' 1'31 “‘9 fififi'gfifi‘fi" "$13.3 Commission Merchant, KERSHAW s Ellwan 8 1“ 15,1 - IMPROVED PATENT 331° rpgfirllll. by Tub dd: 10d Corner fichitcofisliié'i‘N-Efigiiosrou Non-conducting and Vnporlslssg Tallow pealb. fields lg?i Jany. l. 1869. ly Fire and Burglar Proof E gs per or a 11 de- per 1s 41-! WILLIAM BEAIRSTO, s Mackerel per don 2s s as , , . Coda-h 1W 18;; '3; Commission Merchant, momma PM W“ W cm". ' - BANK VAUlTS BURf‘lAR moor Flour P" W 35' ‘ ‘0‘ Auctioneer d3 General Agent, 4 , ' , ' ' . , Island Flour per cwt 18s to 19s VAULT DOORS, 1R0) VAULI DOORS, Oatmeal rcwt 11- a 18s Wu“ ‘3““1- r AT E N 'r COMBINA’l‘lON B A N K Hay per ii... ' wanto- S'Immm‘do- ------- RE. 161a" LOCKS, DEED BOXES, PATENT JAIL Pins Boards 10' c A R D LOCKS 8; CELL DOORS, 5w. die. 59"“ Bow" 4“ ‘ 5‘ ' Tnos. FULLLEB, DAVID Sums & Sons, Charlottetow- Marketa. Ch. Town. May 27, 1869. Beef er lb “d a 8d stan per lb 4d a 7d Pork per 1b., by carcass, MI a 811 lists: per lb 7d I kid Geese none Fowels la a is (id Ducks each is ad a is (id Flour per 100 lbs 20s a 21s Oatmeal per 100 18s I file Buckwheat Flour, per lb 2d a 2M Codflsh per quintal 18s a 20s Butter per lb 18d s 19d Do. by the tub, 1s ad I is 4d (.heese 8d a 6d Tallow 8d I so Eggs per dosen 9d a 10d Potatoes per bushel ls 6d a is %d Barle " “ s Oats , 2s ad I 2s 6d Ha per ton 70s a 711i 111 es lb Sheepspflfns each 4s I is Gd Spruce Boards per 100 ft. 4s a la 6d Hemlock “ " 8s 6d I is -—!=_———_- Business alerts. WWW BANK OF PRINCE EDWARD ISLAND .Oorsssr of Great Gsorys ‘- Ks’ag Struts, Olsorlottstossa. President—ch. Daniel. Balms. Cuhler-Winaisss Cuaosat, Esquire. Discount Days—londays & Thursdays. Hours of Business—lions 10s.m. tn 1 p.111. from 3 pm to l p.m. UNION BANK. Watt EL. Queen’s Square, Olodofldotsa hesidaut—Cnsaaas Pusan, Esquire. Cashier-Janus Almanacs, Esquire. Discount Days—Wednesdays I Saturdays. urs fnuslneu—l‘roui 10 am to 1p In. no a fromnpuntolpm: BUMMERSIDE BANK. Mal Strut, Has-swath, 1’. 1. Island Presidsutr—Jsisss L. liousstv, Esq. Cashier—ll. L. human. main Discount Da --Tuesdsys tsld . Notes for seosnt must bslu o'clock on D|l:ooan asymm " x, m -- s. . . . a.“ 0! m. u. from I p. sin, to 4 [MIL DB. JARVIS Hos Removed His Residence“ the House (lstslyooespled by Ir lollalay) asst to Thomas Hunt's. I ., 8t Eleanor's. list! or u at the Ida-“23.3. 'l'. HUNT A Go. , Banner 11 Eastern (fluids. ROBERT GORDON, A U (l T I 0 N E E R are LAND DROIKER. Alberton, . . . . . Bananas : Hon. Judge Young—Charlottetown. lion. G. W. IlowlIn—Alberton. Mr. Joseph Bertram—Bummersido. Alberton. May 18. 1869. ly REUBEN TUPLIN, Commission Merchant, AUCTIONEEB, And General Agent. Margate...” ....P.E.Island. Rnrsaanors : Ben. D. Brennan, R. T. Holman, Ch. Town. Summerside. April 22, 1809. put. pro. Gin R. s W. T, HUNT, flicmmissiou minimum, Germans. Aoari'rs arm AUCTIONEERS. R. DODD may again be consults ed. at his old residence, in MARGATE, NEW LONDON. April 15. 1609.— pro 3m. DIR. 1. II. JAMIESON. PHYRIGIAN. SURGEON & liillilllililEllll OFFICE at the residence of the Rev. W.W. Colpitts, Margato. December 8, 1868. DR. J.‘ PRICE, Physician as Surgeon, Onion—At the Smmnnsmu Dauo Bronx, next door to Bank, Central Street SUHHEBSIDE, P. E. ISLAND. October 12, 1868. FOUNTAIN HOUSE. «I North side King Square, (ml to Park Hotel) Sun Jonrr, N. B. JAIN W- TEOHPSON, Proprietor- THE Proprietor of the above HOTEL takes this opportunity to return thanks for the liberal patronage hitherto received. and most respectfully solicits I continuance of the ssme. . This HOTEL is very and comman'dsha glow 0 other rts o t o ty. In lzi‘onueotion with the Hotel, is GOOD STABLING. and I careful Hostler in attend- ance. Parties coming horn Prince Edward Island with horses will find this establishment the most comfortable in the City, and I per- son always at the Cars on their arrival. St. John, Sept. 10, 1868. 1y CRAWFORD’S HOTEL. No. 9, King Square, ST. JOHN. N. B. 111! subscriber having thorougth refitted T and enlarged his HOTEL and 8 Oltli. is now prepared to accommodate Permanent and Transient Boarders on the most reasonable farms. ALSO,ln connectionm GROCERY STORE, where every article required for house use he had . M J. CRAWFORD l SON. Sept. 10. 1868. ly Sowing Mac FURTHER SUPPLY of SINGERS new It is Manufacturing and Fsmll SEW- ACHINES. just received. hey are pcsitlvsl THE BEST Bowing Machines in the word for all purposes. Every tailor. every shoemaker, svsry family should have m‘ mus riiocixa amt. lessantly situated. fr King Square, and A [Nil E. Island 3115mm (flotilla. REMOVAL! DR. FULLER. PNYSIOIAN, SURGEON & Millllili'lEllR RESIDENCE arm Orricn on Central Street, . . . . . .Summersz'de. (Directly opposite the Summerside Bank) Summeraide, may 13. 1869. E. F. PURDY’S NEW Marble and Freestone ESTABLISHMENT, (nrxr noon to nears arm sons') KING SQUARE. GHARLOTTETOVIfLP. E. Isuan. All orders patio—litany attended to. Call rust! See! Jan 7, '69 1y A. w. ANDRES, Marble Worker, Point Du Cherie, Shediae N. B. MONUMENTS, TOMBS, GRAVE- STONES, &c., &c. AIEBICAN AND lramsx Manama cox- Truvclling Agent. Montreal. Dec 15. '68 WILLIAM DODD, Commission Merchant, And Auctioneer, ocean scouts, JIIARLOTTETO WN - - - P. E. ISLAND ROCKLIN HOUSE. KENT STREET, GHANLOTTETOWN, SIMON D. FRASER, I’liOI’lilETOR. Agents. Halifax. Y Permanent and Transient Boarders will Ind the above House to give satisfaction. Ch‘town. June ill. 1868. BOOT 85 SHOE nsrugsnmrur. TEE subscriber begs leave to acquaint the inhabitants of SUMMERSIDE and the country generally, that he has commenced his business of Boot 4.; Shoe Mask- hsg, in the Shop next doorto O. O'Neill's, near the Wesleyan Church. He trusts that by strict attention to business and good work to give general satisfaction and merit a share bli' trons e. 0! p“ L P- 8 WILLIAM CLARK. Summerslilc, April 22, 1860 . M0816 l MUSIC, MUSIC. HE Subscriber having made arrange- ments with the different manufacture of l’lANOS, CABINET ORGANS, and ME- LUDEONS, in Massachusetts and New Hampshire, is prepared to forward via St. John. N. B., to Hummerslds or'Chsrlottc- town, any of the above named articles at as low prices as can be obralned elsewhere in the United States. l’ersons desiring to purchase can obtain all desired information as regards quality and uldressln pm. h, WM. A. MUTTART. Bideford, Me. cans-s actuary). ha m Cons menu madeto r. usep e m, Banimeiigs'ilde, or Henry G. Wadmsn. Help, Charlottetown. March 18, 1869.—8m. Notice. HEREBY give notice to all persons ln~ debted to me. that l have em wered Mr BODOMON LEAR", of Cape raverse. to collect the same and grant discharges; there~ fore all persons indebted to me, will pay the r no 1a. "m u ' ' w11.1.1su naow. POI'I‘IY. A PBALMBNT. ll ILIIA COOKI. The debt of gratitude It not the best rcinember'd where the lips l’our forth their voluble and fluent tide 0f warns acknowledgment. Fair spoken phases, Grach with a courtier's how. are pleasant things, But rarely hold much more of grateful truth Than the bright slime that cunning reptiles spread To catch their prey—and they who oftencst turn [a fierce recoil upon the' helping hand, Are ofteuesf. those whose bellow beans have sworn A cbungoless sense of benefits received. The breast where Gratitude is firm and deep Giveelesst expression to the one it serves; As trees that bear the heaviest of fruit Yield the least rustling tothe cherishing breeta, Prayer has its decologue and well sent chunt To say or sing, but prayer can ofl‘or up A purer tribute to the mighty One Who rules the thunder and restrains the waves Than ever eloiatercd walls responded to. The lonely orphan child. who stenlsat night Where the round moan shines on I mother‘s grave Knows little bow to mould his trusting faith In proper sentences ; but the dim eye That. sheds its blinding tear upon the turf, And then looks up to the fair silver stars. Carries a ray of holy fervency That will not be rejected at the throne Of Him who suits the wind to the shoru lamb. The erring one, whose right arm has been strong In working evil, may repeat, “and save His soul alive." He cannot frame his thoughts In saintly code—but the pale. saddened i)le ‘l‘bnt drops in silence. penitence and shame, Shall plead for him at the eternal bur Where boundless mercy fills the judgment seat- §tllrt jitrrature. ATALK WITH AYOUNG MAN. Young man, a word with you! You have been attending school for several years. and if you have improved your time have acquired a fair English education. Your parents have been at much expense in rearing you to your pre- sent years and stature. They naturally feel much anxiety to know what is to re- sult from all thelrlnbor and outlay in your behalf. Now, that you are fifteen or.six- teen years old, they naturally think it is time they should know what you are good for. Young friendi show those good parents of yours that you are good for something. How is that to be done? you ask. if you have ever had any notion that you would make your way in life without Work, vet rid of the foolish idea immedia- tcly. Beach's that you will make yourself master of a good trade. Don't look for a "situation." lie only is skillful in some trade, art or business, is “ master of the situation.” Many a young man but been ruined by waitinglor a “ situation “ or an opening. Think over the long list of useful and rcfitable trades, and study to know which is the best suited to your tastes and abili- tlce. Talk with father and mother on the subject. Their longer experience in the world, and their affection for you will cause their advice to be invaluable to you. Having carefully come to a conclusion as to what trade is best for you, proceed to learn it by going into some shop or manu- facture w 1c1'c your chosen art is thorough] y understood and successfully practised. Don‘t expect to make money at first. The trade you acquire will be worth more than money. As soon as your services are worth more llnm the trouble of teaching you and the value of the material you spoil. you may expect to make some money. Apply yourself dill enll andaftentively toyour business, an in t 9 course of no long time on will find yourself master of a trade. ’ossessod of a trade, a poor man is independent at the outset, and if indus- trious,eoonomicnl and prudent will become rich in a few years. Our industry is not iven to the poor 'oung man alone. Us oy has a fortune in property, he should learn some branch of honest industry in which he may pro- fitably and usefully cm loy his capitol when it comes to him. 11 the mutations of human affairs his fortune may fly from him. and in such a case the trade acquired in youth would be a good thmg tolnll back upon. Young Peter, of Russia, was heir to an Empire with all its vast resources, but he wisely applied himself to the work of learn- ing the art of shipbuilding. lie was a better. is wiser, and a happier king, be- cause he was a ship carpenter. We have known the sons of wealthy fathers to serve a faithful and industrious apprenticeshi to a trade. Earl and law day b day. t e have appiiodt emsclvos to the rmechuu cal toll. Such young men show themselves capable of useful and on- durlng su erstructuros on the foundations of Woolf and Influence laid by their| fathers. 60 than and do likewise. 1N SELF-DEFENCE. " Halli Your money or your life. Throw up your hands 1“ exclaimed a stranger, stepping out from the shadow. while no- compauyln the words might plainly be heard the s llll'p click of a pistol. The per- son addressed was a we: ry newspa r mun wandlng his lonely way homer or in the outskirts of the city at about 3 o'clock the other morning. "0h. es, certainly. I‘m in no hurry. ()nl wa king for exercise. Just as soon hnl up my hand as not. I‘m not armed Please turn that a little to one side. it makes use nervous." “ llsnd over your cash." " Haven‘t our red with me. You see they took that a I away) from me when they entered my name on t e books. “ Where did they take your money from on P" y i- Oh. yes; why at the Post llouse. You see l‘m a small pox patient; just out for exercise. They wouldn't let me walk about in daylight with my face in this con. dition. sol have to o it after dark and late at nights when streets are empty. By the w stisnger, the wind is rather Cb‘town, Nov. 1'. ‘08. ails. It. llssaur's. Itsy it. lul. Caps Traverse, Oct 15, '13s. . s in your dl’reotiou. and unless you ain't particular about it, it might be 'ust as well to stand on the other side. ’ve got my old silver watch though. If you like it come and take it. You‘re at perfect liberty to search me if you like. onl don't point this way, its uucomforluble— ‘ye want lhe watch P" ” No thank cu,” said the robber, back- in away of around toward the other si e. "i couldn‘t take anything from ii man so unfortunate as you are. Here. There‘s hall a dollar for you. poor fellow. Go get something to drink." and he threw the coin towards him, still backing oli‘. “ Now," said he, “ you turn back and go around the block the other way. As you‘re only walking for exercise, it won‘t incom- mode you.“ “ Ohi not a particle. l'djust as soon walk with you if you desire it. Either way thou h it‘s all the same. to me. Thank you for t 19 ball dollar. Won't you join me and drink to my recovery P" " Well, you go round the block the other way, and asl haven‘t hurt you, say no- thin about having meet me. I guess 1‘]! got is way," and then watching till the supposed small-pox patient turned the corner, he started oll‘ on a lull run in the opposite direction. Mr. newspaper man proceeded on home- wnrd undisturbed. and slept the sleep of one who enjoys the consciousness of hav- ing done a good thing. and four hits better oll'lor having met a higbwuymau. THE DEFECTIVE STONE- “ Don‘t put in that stone,” said one mn- son to another, as they were working together on the rear wall of a church. " Can‘t you see its poor quality, all flaky, and will scale away to pieces i’”—“ It isn‘t very good grain, i see. but it fits in here. 11nd i don‘t wan’t t wait for another. Bo- sidcs. you can‘t see it from the ground. and nobody will take the trouble to climb up here to look at it." “ You‘d better send for another block. That isn‘t lit for the wall; it won‘t stand the weather; and if it should go to pieces, it will damage the whole building." “ i guess it won‘t dani- nge me, or you either. so here goes." And he lifted the block of loose gi'uincll, flaky frocstnue into its bod, though the outer thickness cracked 11nd the shell sloughcd- 011‘. He dushcd over it o trowel full of mortar, and went 011 with the next ticr. Nobody could ace the defective stone, for it was covered by projecting buttress, and only the two stone masons were present when it was laid. But though unseen it was not safe, and time brought about its own result.-—-Evory sunbeam loosened its texture is little, cvcry storm helped to crumble all a. minute fragment, and little by little, after many yen1's,the stonu crum- bled away. That was bull enough, but that was not all. It chanced that one of the great beams of the roof rusted a few tiers above, directly over the defective block, and as the stone decayed, the beam sank a little. Presently :1. crack opened in the ceiling, disliguringtho fresco hinting. and the crack grew to a leak, ettiugin the rain. And when at last the worthless block fell out, the beam dropped down, the roof sunk in, and the church was no longer fit for use, until alter the loss of much time and the expense of much money. a new roof was built and a new block inserted in the wall. it was only a small defect. but it did much damage in the end. There is a structure which everybody is building, young and old, each one for himself, it is called character, and in if. every act of'life is a alone. if day by day we are careful to build our lives wtth pure, noble, upright deeds. at the end will stand a fair temple. honored of God and man. But. as one look will sink 1i ship, and one flaw break a chain. some one mean, dis- honorable, unlruthlul not or word, will forever lcnvu its impress or work its in‘ tlucnco on our churacters. Then let the several deeds unite to form a perfect day, and one b one the days grow into noble years, an the years, as they slowly pass, will raise atlust a beautiful edifice. endur- ing forever to our praise. British Investments all over the World. The national debt of Great Britain repre- sentsu total of £797.000,000. Then the Indian and Colonial loans represent about £200.000.000; lndiun guaranteed railways and canals. and other colonial railway stock. £110,000.000; and British railways and cuuuls, some £525,0iXJJJiN—cunuls to the extent of about £l:l,000,000 being in- cluded in the Board of Trade statistics. Miscellaneous joint stock companies have drawn a very large sum from the public savings. Our banking companies Briiish and loreign,rcprcsont nearly 3: 100,000,000; while finance. discount, and insurance companies represent ovcr £50,(XX),000 more; and gas colupunlcs absorb 11 similar amount. Thus, we cannot be in excess of the insurance companies, gas and water companies, steam navigation and dock companies, iron, engineering. and tele- graph companies, plantation and land companies, mines, hotels, and all the hosts of miscellaneous undertakings, have absorbed at least £:iix).000,000 of British capital. Foreign railways have not with- drawn an equal amount; but, considering our holdings in the United States railroads, and in South American, Dutch. 1ch inn, lluliun. Austrian Turkish and other lines, cerlulnly LJUMNJM) would not cover the investment. And so we come to an item, the last on the list, of great importance, and from its vast extent. very difficult to define. We refer to holdings in foreign government stocks. ‘- Fcnn ‘ shows that foreign state debts amount in the aggre- giite at the present date to upwards of 142.000.000.000. llcduoting the debts of France and the North \IUl'tlllln States, in which our holdings are very limited. there is not a single debt comprised in the huge balance of say £2,000MJUMK) in which we have not had importnntdenliugs. Quoted in the Stock Exchange list are American (United States) stocks, representing more than £l00,000.000; lirazilian,£l2.000.lm; Egyptian, £26.11M000; ltnliau and Sar- diniun, £40.1m,fm; Mexican. Mona»,- 000; Peruvian, “.mm»; Portuguese, £50.000,000; Russian stocks and railways, £100,000.000; Spanish, £100.000,000 ; and ’l‘urklsh, £06,Uw.000; busich Ar entitle. Austrian. Belgian. Cluliau, Cuban, bluish. lianuhian, Dutch. Greek, New (ii'auudiau, swcdlsh, Venezuelan. £11., in which our dealings arc Illlltlll'l‘, though some ol the stocks are very considerable. Thermos] amount of the Foreign Stale Bonds 'lur which there is a. market here is about £1,200,000,0w; and table our actual in- vcslments at one third of His sum. £400.- 000.000 may perhaps be a lair estimate of the amount of British capital embarked in foreign stocks. Collectmg these figures together, we arrive at the conclusion—s. sulllcicntly stupendous one—that the in- vestments of British capital in these various channels amount to a total of no loss than £2.382,000,000. The second question for consideration is—what fluid is there for a future extension of this system of invest- ment? On this point the figures quoted above, tend to show us that there is ample ground for cncoura cment. Taking the population of tho nitod Kingdom. as stated by ‘- Fenn,“ at 30,870,000. the above principal represents a total of £78 per end, and the interest £3 (is. 3d. per hour) per annum, or about one-eighth of the es- timated annual income of the nation. in the seventy years during which these snv- ings, hnvc.for the most part, been accumu— lated. the country has rapidly advanced in' civilization and general prosperity. There is nothing so likely to prevent war and waste as the knowledge by the masses that they possess property from which they can derive a good income and a good value- only in times of peuco.—Muucy Market Review. THE BRITISH PRESS 0N SENATOR- SUMNBE‘B SPEBOH. The following extracts from editorial articles in English and Scotch newspapers show the impression produced in England by the late speech of Senator Sumner on the Alabama Question. The London Times of May 3rd says:— " To say that Mr. Sninucr's speech falls short of thc imparlinlily to be expected of ujudgc 01' u statesman is to do it more thunjusiicc, for it too often transgrest the rules of professional advocacy. One instance «if this unfairness is the omission of all reference to any liability on the part of Franco. Another is the one-sided listi- mntc which he submits ol' the effects pro- du ed by the war on British and American truth). if till the possible gains of British shipowncrs by the war rates of insurance iu‘thc United States are to be reckoned up against us. why is Mr. Sumner entirely si- lcut us to the ascertained losses suffered by our cotton trade and manufactures? Does he suppose that no pressure was put on our government, not without a good pre- text. to pronounce the blockade ineffective. and does he count for nothing the sacrifice to our national good faith represented by the Lnncushirs distress? Again, when he strings together the boisterous partiznnship of Mr Luif‘ll’s friends with “ the cheers of u. British passenger ship crossing the path of the Alabama," and treats both as con- clusive proofs of national complicity with Lil!) South, are! the eloquent a i «is made On behalf of his own cause? 0 does, in- deed, notice these appeals, but only to point his attacks upon the English notion,which ic chooses to identify with a particular sectional of English society. and not with its Government or its most representative men. With alike want of candor, he al- ludus to Mr. (loldwin Smith‘s vigorous protests against Southern proclivitics, but forbcurs to refer to a recent letter by the some writer. defending the British Govern- ment against the accusation of having been actuated by them. in short. he studiously labors to put the worst construction on every not of Great Britain. sometimes in- terpreting it by the innuiiugo of irrespon- sible critics, and wiliotiuws by the apart facts test of consequences; now judging it by the lolticst principles of international morality. undihcn by the most technical rules of the common law. . . . To us he seems to have greatly weakened the case originally presented by hlr. Adams. Be- loru that case is again considered it will need to be carefully stripped of Mr. Sutu- ucr‘s passionate arguments in aggravation ol‘danntgcs. Thus limited. it will be en- tertained by the British Government and people with a sincere desire to satisfy any legitimate demands which can be establish- nguinst as either in a Court of Equity or in a Court of lionor." The London Telegraph says: “We do not see what more we could possibly do than oil‘cr restitution for any specific injury wi1iiil1 we can be proved to have inflicted. This we have already offered. as the Senn- lm‘ for Massachusetts himself admits; and, if the Americans (Incline oui offer there is nothing more can be done on our side. it we consented to adopt any form of apology which Mr. Sumner might dictate, and if we offered to pay any sum which he might considers inirequivnlcuf torour miadoiugs. we should not thereby remove the feeling so prevalent in America that we turned against the Union in the hour of its lri-sl. Time, and time alone, can remove that feeling; and we believe this country will best serve the cause of peace and nmity by attaching liltlo weight to compliments, on the one hand. such as those With which hlr ltcvcrdy Johnson has lately overloaded us, or to scoldings on the other. like that of which Mr. Sumner has just given a speci- men." The London Daily News says: " We are sure we may express the confidence and expectation of mo whole country that the Queen‘s Government will maintain a firm position against all exorbitant demands. of whatever nature they may be. Our Government has been supported in a poli~ cy ot conciliation and concession for ren- sona of which, happen wlmt may, we shall never be ashamed; but there is a line bc~ yond which concession is weakness and re- nuucintion of duty. Mr. Motley, or who- ever else may be sent here to represent the United States. will find the same honorm lilo desire for peace and the same good will towards his country which dictated out~ part in the treaty r: Jester! at Washington ; but the Queen‘s Government would disap- pointfhu expectation of the century and prove iiscll unworthy of its trust if it did not entirely and firmly repel every attempt to trespass upon the honor and rights of the nation. We have done what lay in us to compose disputes and settle difficulties which grew up hit more out of the units]:- py circumstances of the time than out of any want of good feeling towanls tho American Republic; now it lslor the Gov- ei'nincnt of the United States to consider what it owns to the cause of pem.jusiiuo, and international law." The mucus Herald says: " We angled