"THE LATEST NEWS _ iwnnunsnnv; lou? 23 ss. .miss or nn- <-°~ee' -luesiueuewms* i ,nl ` °“ Sir., Thcllllls _Shflugllnelssey Expresses Confldenceln S The Future of Canada. Banks and Other Interests Have Sltaatlanwell In hand = _ . ! up-?i_.»-___ MONTREAL, July 22.-Sir Thomas Shaugbnessy, president of the C.P.R., in an interview to-day asserted that the present economic situation of the doiuinion is by no meuais such as to give cause for anxiety. He fully ex- pects conditions will Lb normal again late in the fall. It cannot be denied that some lines of business are not as ustive as li year ago. The banks are not encour~.t aging investment in unproductive' real estate by loaning money in that direction. Canadian 'banks realize their re- sponsibilities as financial guides and are taking a. wise conservative atti- tude; Foreign banks are stlfeilgthen- ing their reserves because of the wur feeling. Our banks have strong re- serves and the situation is sound. The existing scarcity of money or rs- ther the high rates of interest are re- stricting the issue of municipal and other securities and consequently there is n. falling off in theamuunt ofl public work done. This state of affairs is merely tem-ifuture. E.-_-.-.~_-_-_-ee._-_-_-_-_-_-A-e-_-.-_-_~_~_-_-_~.-_-_-.-_-_-_-_-L-_-_-_-,_-.-as NTICIPA TED l>0fl1l‘.V and due wholly to extraneous n reckless expenditure do not realize in what they are talking about. '1‘he‘10 oiiditions call for large expenditures T c and there is not the slightest doubt as such pllrposes possess excellent secur- er sir 'rhomss mods it clear rust ‘"9 omlc crisis in Canada. Banks and other interests concerned have the situation well in hand and the fact that ll;s company recently decided to A spend one hundred million oil exten- sion and new consflrllction work would have ii stcadying effect. The great tide of immigration was an- other bright feature and thc fact that many of the United States farmers are coming gives proof of a bright SUMMEHSIIJE lil ” HAVE Mllll]llS ‘ At a meeting of the Go\'ernor-in- Council yesterday, a petition from the electors of Slimmerslde was `prc- sented by Dr. McLellan and Mr, cation will be taken into serious con- olfl resident in the city as well as those bee --el :Led “ml I l lee l,rel,emles~ 8' . pac on ei* petition, which was signed by up - c0l\¢1l\Si0l1 Of the summer m°“th9 the hotels and cottages in the ,man by Elie am Del- it-lnllllellces ang evgrfzltizzcnninggigge glzgllngugle illity- " conrninations so dangerous to our na- en Wltllln the province and woll-lll not 30118: mel." ‘hilt Tlllelgills th; B0“1*:F'destroy the market! for the trnippcr i""`_*”" ' ¢1\'& P0 My GND 939 Pllel' 0 Wea ' who could sell any oxes lie too a- ness" in offering a $35.000.000 001\U`i li e to Alberta breeders ” I - v . HE bution instead of establishing IHWY ~» ._ < »- ~ _ n “t er o_ r lveo ‘ ." ‘ tlig l?iiig%§ACounity`Qliibigrafpigsso-' and Mr. Hughes, the representative ~ ' clarion emphatically condemn the for the County. were Messrs- Rich- ' i policy of the Borden government,” M05. WBl`bUl't0¥l,\.IHmHl1» Peter MC' which emphatic lcondefmliiatlon was C0l1I‘t. D- F- MCD0flB»ld. -1011115011. _ ' om-rled in the ordinary way, Rogers, J. J. McAdam~, Mr. Brennan ` with ths regulation number oi _end Capt. Read. ' ' “whereases"~ a rider was added to MF- Hughes i“fI`0d\lC6d the first this rssoldtion, similarly condemning HPEBIWF. “'h0 WHS MF- C81"/eil. and ill ' that "discredited and disunited ag- doing 50 remarked 0" the nm’ Weath' LONDON, July 22.-The House of gregatlon known as the Tory mln-llll_ er with which the day was favored, ____ Lords treated the Welsh disestablish- lntrntlnn ln tnln pl.0vlnce_»f which he gratuitously claimed to be LONDON July 22 _The Brltlsh ment bill exactly as they did the a sign that the Liberal party had ' ` onlls 1}ulg Billt. In o. vote ollh OFFICERS APPOINTED Providence on its side, :as nl/en tiiur _________? V _ . .48 e or s re llsc to give e enemies sa ," and then orge ing m- HAVE YOUR MOWING MACHINES ghetiisr 'liliiemlliitgttn \:iillen7it:1r;ti(l;l¢1hsslig “ °°°°"d reading’ 'md adwted the’ The election of office-bearers for the mediately 50°” the mercies °f P'°"'i' repaired and gl'0\1l1d Ht the 01d use ° g otion declining to proceed with its ennulng Wm. then took place ,md l.e_ dence; in' his next breath he assured onsideration until it had been sub- sullen nn lollown. his audience that "we do not intend itted to the Judgment of the }n_eSldent__M;_ 'W L Poole ol to spare our enemies l0day_.. Hall untry. ` Montaglnn ' ° ' ' apologetically, Mr. Hughes remarked Vlcwliresldeutl Mn J_ G_ Stal-ml ol to his audience that he did not think l Sourls. V they W°“ld be tired with B ’t“'° hsurs ful view for miles around. The ar- Sexcretary'-MI‘~ D- F- MCD0l1Bld» Oi °r “ two ‘md 3 half hw" mee mg' hitect states that he has seldom scell L . wnrds-of soo slootors, wus grunted- 1 Thseuroilfll wmniesign completi;d'ti§e :fic uve ga on an ma e repor e dying days of last session. It pro- IDS posed a scheme so comprehensive as l -[ao LA-I-E Fon lac ll-equirs mcinrefuldstudy, presenting ~ _ - EB lll'GS W C F811 BI* IIBCQBSBTY COD- n_,._ sul_tation'J1r.ltl;, sevellralgrovlnnlatgovl. ' " ' ---` ` 7 `» 'erumentsl It wi ` e remembered hat co-operation between dominion I i one*-cent per word each inse_rtion in 8 this column. Cash must accompany a order. Minimum charge twenty-i'lve I, _ _ p °°“"~ __.'_ _.___ _ cisl prims ministers is co he held in WANTFJD kG1RL FOR 1GE§i5€}RA'fL October next and probubly~will be in- liousewor at once. ADD? F5" v Flor, Bt, ____A_ -ies-1-Zemsi FOR _ SALE HALL BOROHERT dress form adjustalble. Apply to Miss P. ltowa Cor. Prince and Water Sts. ~i55-7-ZBMI'-lipd cabinet meets tomorrow to consider H control of both sides of the Bospor- m stand' F' W' prow” ,l°§32?§3l,ll.;3lp,l ous. grilllllnz Constantinople _ both ° .___L..-_..____ 1 front and rear.. Austria Hungary m ron SALE-Nnwhv. on-avian Hon- lg nlso ,,,,,,,ly_ eo stein cow five years old, M. Balder- V ston Southport. ~ _ _ 247-7-14MZ1iE1il>d Fillifs WANTED. CAN .HANDLE some good lambs every week. Hay- we require quantity $000 l‘-iu\0l-h-Y hhy at once F. J. Holman & Co. LW, 429-7-22ml. BUT'.l‘lllR AND EGGS WANTED IN large quantities at good prices; also strawberries in flllfmtity F. J. Hol- man '& Co. Ltd., Charlottfetown. r _ ‘ 480-'I'-22M3il Fon sable-io sl-isnns IN 'ri-in Model Fox Co. This is the last to be had at par. Canada Fox Bix- chunge and Investment Co. 471-7-23M2lE1. AUCTION-TWO .CARRIAGES AND harness, on Market Square o n Friday, at 12 o’clock noon, term! at sale. Beni. Carter »& Co.. A005 ' Iollgeph, “L_ 462_'7-23’M2lPd. FOR SALE TWO GOOD HORSES. One more 9 years old, weight 1150 one 4 years dld 1050. APPIY A- R- McKay, Lawndale farm. 454-7-23M3lpd. l-‘oIl""éALn:, coop, RANCH-nano young`red_ foxes; two pairs old red foxes. For sal0‘l>Y PRN? 0’ elm" sex' will no sole chesp. Apply tv Keet- ford Scott, Clyde River. ' » _ 47_2:7:2.F"1‘@lP.‘1- LOST ON ST. PE'1‘iiiR'S ROAD. BE' tween Marshfield church and till’ factory, chiid's brown corduroy' wlvet coat. Finder please leave at John `l_l;§¥l§uson'sB OPPIZBW’ “id ghllrqh "':‘ IOWIB TOS. B 0l`B ' 458-7~23M8ipd. , ____,__._ .___ - --- l.os'r ow 'mm _ern or JULY A red leather covered- note book. 31° ' tweehéiogers Hardware & Cornwall containing 'a three hundred' mile reflwfuto. hcoké $ii;dcr oll;1¢°'° i°"° t D fl ll. 9 'I Y- ‘ if _. I P '41_o;1-zaiaslpd. i.osi""°‘, "‘§fl`5 Fans, s’vl001l»lEN‘ wagon '_wr_hp‘ between o n ni- plilix-'i;g1_.l'lesgl\nt_ Grove, and Mr. John _,_All»n'lr. Clove Heed. by "Y of the Saw Mill Bridge. Fillfl" pam. fish ct either. elm led N' eafvs ‘ 469 1~2$M8ipd._ wknmisgigi-ii“`§i§soN 'rm - ine c if ' .we helonefus ¢° time lrom émnleuusrl. Fu¢:tYmroeeerlfllS all 03:; ing in that connection that he pro- to the lllollllse of Canaan, which he crawled to aiwindow and were help- °°1“m“'» °“° 'mm Bu” r' 7 _ posed to hold 15 meetings in 0130?- considered would have been an enorm- the sincerity of his arguments, espe Th* B“°h"°'t P d re udfclal °:n::l: I5ng°n'1_;l°lil:l"r?l;':lhEl‘l.‘:°’¢,butl,;: iiileiixiiiliiioiilzdrgleilgontziluest met with A iiliziiiigwlilielthiitt iiiiilinifilittilieriis pfaiim was “ " ` rd f‘ lne of "‘ll"°d “mm t';,I€°l;:i.:,l'ln°:,lg:°;T,: D'EM0N3TRAT!0N iii: altI;‘iteiigistrs::s.th°1ii;°nrirucri that :vm llfoallllllll wlllllll' ,mule this Province would have benefited B°l°';i‘li'- n e nétllmmg H l, The feature of the demonstration, with the rest of Canada by such reci- hcm B Qllxun lullctloll lla; llellll however, was s public meeting which procnl relations, but he had to sd- ‘1'°nll¥l=,l bnlwun the Rollmllll. ,was held in the afternoon at which mit that he did not know what price fxrlsht. wing sua the serviuns, 'the principal speakers were Messrs- the farmers In this Islsud got for ' t l gh Cnrvell and McDonald. There were be- their potatoes, and whether or not wililcieiiilroliiuioiiilecollitliiiiiiilsil M on e tween 300 and 400 Present Mr. Poole the shi ed hav from the sland I rl. _ . Y VP . I - t _ _ j ' I In the chair. On the platform, besides _ ' - 'Y '°-”’””‘“" I mssrn'¢'LIalllidit' ohm nimsipcr s sluunsr oi lualcs, thc two spsnksrs (Continued on pen 'rvcl ` With a view to more Ef (Canadian Press) OTTAWA, July 22.-Action by the Canadian guveriilncllt looking tuw~ urds ii more el’l`ectiv,e control of ocean freight rates is a likely deyklloliulcnt of the very near future. The Borden (iovernuieut, beginning next mouth, will despatch to Great liritaln ii re- presentative charged witll thc duty tish government looking toward ocean carriers upon freight in transit etween Canada and the mother coun- Tlio problem with regard to which the government is about to fake an; important step has become acute] Within the last ycur null has attract-' ed much attention in the press and parliament. I Towards tlla end of last scssion,i Hon, Arthur Meiglleii, now Solicitor General, brought the subject up in Ii speech marked by careful research and was able to show that rates on west going traffic had increased with- the Laurier government early in Feb- ruary 1910 initiated a movement of this nature and then on the British Government meeting the proposals in uf opening iiegotintions with the liri- CRISIS null Inu aus nun Pnmulllul II CANADA c0NFERS Iuul Iulnls Mui ux IIPIIIIIIIIII WITH BRITAIN ,_ _ -_ r -__ .;I_".|l-; -----__ ituation inthe Near East A Muster of 300 To 400. Aiberta wmtake Swpsm Pm fectlve Uantrol of Ocean Freight Rates, Matter neglected Laurier Government pad tllesulijcct. (lil February 26, 1'll0, a minute was passed by the Coliliull suggesting that the matter be brought to the aittciltiurl of the liritisli Government with a view to tile establishment. of li joint. tribunal for tile regulation mid colltrol of ocean rates. In Au- gust, l‘Jl0, a despatch was received `fl'om the i~lccrcfary of State for the Colonies, enclosing ri memorandum from the Marine Department of the Board of Trade in which it was ob- served tliat there seemed no reason why the llmpcrilil Government should not discuss with the (lanadiaax Gov- ernment the question of holding a joint inquiry into the rates charged mid fliilffies afforded shipping com- lmnics ping.-fired in trade between the United Kingdom und Canadian ports, Thereupon, strange to say, the Can- adian (lovcrnmcnt took no action on the sllugestioli. The Iiritish autho- rities repeatedly pressed the Cana- dian Government to take action ln the matter but the Laurier Govern- ment presumably wns too much en- grossed in an effort to force recipro- of the situation was the fact that City llflfm the Canadian Pe0Ple to take any notice of the subject. The last comlnuiiicnfion trom the Imper- ial ulltliurities dated August 18, 1911, rcpclitcil that the enquiries of the llritisll Government. were allowed to amost cordial lnanner suddenly drop- prisg rm,ln,rworel1_ lllll SINITAHIUM an sauna,-e-f;f» I The Commissioners appointed to se- lect a suitable site for the Dalton Sanitarium for Consu-mptlves yestei' tion, The' Deputation consisted of Dr. Miller, Superintendent of Keiitville Sanitu.rium,| lMr. Archibald Slzopes, Architect, New York, Commissioners, Hon. Chas. Dalton, Hon. J.E. Wyatt Hon. J. A. Macdonald, Mr. W. F. Tidmarsh and Dr. S. R. Jenkins. Seven dideilent places were v-isitcd and inspected, and the one chosen was considered an ideal spot hy both Dr. Miller and Architect Scopes. It consists of ten acres of flnc woodland and forty acres of cleared hind, thr woodland being immediate! north of s v(\‘y high, commanding a beauti- C . ri more suitable situation for an in» titlltlon of the kind, and is tho- oughly convinced that he will he able to nrovido there the best laid- out institution of thc kind in (Inn ada. The option will be closed at once‘ and the lnlildlng started as soon ns he in about ri month's time. The building will be constructed of wood and will consist of twenty-four ldes accommodations for medical su perintendent and attendants. It will style with all the latest scientific and hygienic conveniences. It is anticipated the .°la|ilf.nriil|r will be completed and ready for or cupntlon by the and of the year. TO BUILD El.h)C'l‘llIC ll0AD. BT. (‘A'l`Hl1}RlNl*]S, July 22-The C. P. H. is to build liil electric rozld from I-laniiltuli to Niagara Falla null will handle traffic to llllflulu over its own line. WASHINGTON Al)-MINlSTllA'l‘ION Ai’l’lfh}HIiINB1Vl1l AS T0 MEXICO. WASHINGTON, July 21.-Reports of conditions surrounding the l-iuertu government in Mexico hrlve put administration afiicials in nn at- titude of keenest apprehension to- wards the situation. here. Advlces which officials believe to be perfectly trustworthy seem to indicate that the strife between the Huerta regime and the revolutionary elements is nearing a. point where some definite conclusion is to bs reached. Information of this situation, when permitted to become lnown today, was coupled with the authoritative statement that the United States was day visited several sltes in the vici- nity of Hunter River and North Wilt- shire, and selected one about a mile- and-a-half from North Wiltshire Sta- . . _ _____.__-_-___,_._-_-_- _ _ _ _ Y v_~,,` lllLlEllltS lil THE EUNFEHENEE -M. At Il meeting of the Executivu Collllril yesterday the following dela- Iratcs were appointed to reprcuuit. the lslunri at the forthcoming Inter-Pro- vincial Conference at Ottawa. on Oct- mier, l-lon. W. S. Stewart and Hon. A. E. Arsenault. In addition to the .qucstifui of Federal irepresentation, several other important matters af- fecting the individual provinces will he discussed, including that of subsi- dies. __.._. FIVE GOVERNORS IN ONE YEAR. LITTLE ROCK, Ark., July 22- The State campaign in Arkansas closed today. Tomorrow the voters will select ll governor to succeed J. M. Furtrcll, who has been filling the vacancy ciiuscd by the resignation of Governor Joseph T. Robinson, now Y the site for the building. The land llnitcd States senator. The Democratic candidate for the govnrnorship is Judge George W. Hays of Camden, and his election is generally conceded. Judge Hays is opposed by Hurry H, Myers, the Re- pnliliuun rnmlidute, und George W. Murphy, the nominee of the Progres- sive pgrl.y_ Toli\oi~rmv‘s election will give Ar- knnsus thc rather; uniilue distinction of linviiig flvc governors in 19`13. The unusually large number of executives is due to the fact that heretofore Ar- knnsus has had no lieutenant govern- or to succeed fo the governorship in case of n vitcancv. Tile president of the Stiitc senate has been called upon to serve in the gubernatorial chair until ii Ltovernor is regularly elected. The recent session of the legislature took stops to provide for the election of ri lieutenant governor at the same time n ftovnrnor is clcctell, which is uxpacfml to obviate thc complications that lillvc occllrrr,-ll this year. ANNOUNCEMENTS. COMING Hg? M "IGS, ETC. -__ Ona cent per word each insertion ln this column. Cash must accompany order. Minimum charge twenty-five cents. - , "All aboard for Murray River today. 'I`rnin leaves at 8.451 Fare only 500.473 ..-.8 "Add to your life by the fréedmn from cares and easier hours the Smith Premier or Remington Type- writer will give you. A Milne Fraser, Halifax, N. S. 452-7-23M8i. “The W. M. S. of Union Road will hold n public meeting in the church on Thursday Eve., July 24th. Miss Holman returned Missionary will spank. A silver collection will be taken. 463-7-28Mll d. D mahing no additional navel or millt-‘ ary preparations. Reports of an im-l circles, though no official of the ad - minlstratlon will permit his name to be coupled with them. All infomat- ion madc public was the extra stipul- ation that is shown not be represen- ted as reflecting the ‘views of the administration. _-___...___._ I Minnrd'| Llalment Cures Dipthei-in ~°i-lo'rla1. opicNnn.- York Point Hotel is open for the season. Any-' pending collapse of the Huerts regime l one whlllllg gl, wmmunlcllgg 'lql Ml-_ are being talked over freely in olllclalllylllge' .lu lll-olluetnl-_ ll’ ulgghgug lean be connected by the Cornwallis.- change. 200-'I-ililwkl. _-ii "A Strawberry festival will be held at Bethel F(-hoof grounds on Satur- day evening July Mtn, il' old of lv- cronward Lodge, I. O. G. 1'. Wntlllr _unfavorable will he held the following/ . ' Monday. ,. 455-'f-itllllpds Ohcr 20:-s-Lion. J.~A.-Matliiesonr. Pro- I `;lf »`..- 4-. .ll ri ._ I I