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`  _ "flute at the residenceoi’ theSecretary.
  i s do not hind themselves
T  _ _ the lowest or any tender. By
_ ;§oede'r the trsfstsess. ’
_:_ >
_»i'.`
7.
W1
r~<~_
‘\
.rooms for Tailor Shop on the second
_situated at Wheatley River and at _
 Qqsk. July 23 d gi.
cm _='- _.-l=|_ .|.-or an _,
BUTTER TUBSZ
'  Miny persons have been under the
4
more 
i
 _ PLUG   _Tl-IE
._ , i*
A _X ` . , L
T0BA¢€0’ 
Napoleon _
Index
H. M~ Twist
Beaver
Solid Comfort. _
me nemo/xi. HALL
J. G. JAVIIESON,
I)E`IJ’(3-G-IST.
' _i ..-.pin
an Independant carnal, 
payable a vance
ilornlng Edition,daiiy (except Sunday). 0°*
mouth soc. per £1 .................... . . . $3.00
Semi-weekly tion (Wed. A Sai) PG!
year$r.3c; in advance . . . . . . . . . . . . . . . . . . . . .
.-$1-25
weekly Edition (Wednesday) per year S'-1*
n advance.. ......... . .‘ ..................... . .$1-°°
Branch Offices
have been established at the foliowlnzpinces
where subscriptions maybepaidv “CWI 5*
ed,advert.i.sing, job work and other buainas
transacted-
8ummersx;l3ek.Rog‘ers & Rogers' store-J. LC.
r, ana .
alberton, Allfertcn Pm Omce-Herbert Clark,
Agent.
Sourisnast., Telephone Omce-P. G. Seaman
A t a
1.3. a. uegfsanv, | J.r.noon,
Eiitor Business Manager.
T | _ 1  
iii Miiilili ilIi_R|)|ii
WEDNESDAYJULY za, me ‘
P v_ l -_ _ -<
I '
' l
° \
1
4
L uns-_uw
` 1 i i
Business Stand For Sale
_AT_
Stanley Bridge
.'I will sell by private sale my bug-
'ness stand consisting of the following
unentioned bail ‘ings with two ages
 or- separately with suitable
One Warehouse 27 X 37,thre¢ 51-,gries
-X 32. Coal Shed. and Coach House
I4 X<l'3»ISt°_f‘¢23 X 32 with tuo
rooms above same, I Building 25 X
honaeand asnall Store anti nimble
Also I Safe. Taylor's make, out side
unesnuretnent 3: X 41, and 24 inches
deep. And a`so the Business Stand ‘
§`?entoccupied_by E S. McLeod,.
For further particulars apply to
THE VALUE OF A STOCK.
The United States Szeel Corporotlolb
sometimes spoken of as the Billion
;Do1lar Trust, is the greatest industrial
concern on earth. Its capital stock is
overs. billion dollars. And yet thc $100
share cfjts common stock sells on the
stock market for onlya. fraction over
$40. The corporation pays its President a
salary of a million dollars a year, and he,
Mr. Schwab, recently flied an amdavlt in
the New Jursey court Who" “U10
_imgsiioa is pwa1ng,.` which oniasvi-.
contains matter of interest io 91°" °°°'
earned in steel stocks especially-
Mr. Schwab swears that the steel trust
since its iuerporation fifteen moIgi'»l\8 18°
has earned prodts equal to 13 per, cent
upon the common stock after deduct nl
the 7 per een; payable upon one nr°¢¢rr°4
stock. During the second ISU- Mf-
Schwnb swears the earnings are at the
thigh, Dwelling House contai ` 8 'stock
moms and kitchem Home Stabanllgx rate cfl4 per cent on the common
and he believes that dnrina the -sunent
year ending April next the net earnings
will equal and probably exceed $140,119.'
affirms that he has' lsrgelr increased his 1
holdings cf the Steel Corporation's stock
of which he has now 81,528 shares of a
par va'ue of $8.l53,800. He also ,states
that he disposed of bonds of the ‘ _Corlor-_L
at'on in or ier to increase the amount of
his common stock.
New it is quitelclear that if a msnlcould
o. il. sioorsiccsa, ,
_ Stilll B ' . :
‘J-03 IDI. _WHL Sat, 1 mo, _~ ey ndge I
Tenoens
buy shares for $40 each which Wollli PII
14 per cent on $100 he would get interest
of say 85 per cent on his money. But even
tha extraordinary siiidsvit of President
Schwab appears to have failed to convince
l does not con
_ _ ____ the public and stee stock I __-
_'1'¢nde,.S 'in be received by mesasnd qultesohigharateas in May last
undersigned from this .hu tin the ‘before his statement was giventc the
itat of August, from responsisle
press. The fast is that the people are dis
Prties wining tb ¢°Utf3¢t '01' bnildrtrustful of the trust' great and small.
gg an addition to Spring Park
_ ool,_N0 209. Plans and specifica-
tionsoi the work may be seen at any
' "]. W. YOUNG, .
They do not believe that the big steel
truetitielfis invulucrable against com-
petition. They have a strong convictioui __ haha ‘B “_  P*
that the alleged earninz power is much
greater than can be_ maintained even if
it now exists. And there is also the chases
1 Secretary, ‘that the duties on iron and steel mar be
»
reduced`and foreign competition may
then comein screducing the prclts of
_. imanufacture that the common stock of
2 ooo ei-ctra nice factor
t GzirvcllBros 1
O
1-il‘l\Wll!l0. 
' `\
2-_ l__-I -no-I -1 -1-Q
The Whole Story
in or latter :
_ `iPah\-Killer A
(rnnnr nav1s’.) T I
From ml. F. Lays, Police Station No.
5, loot :-"We requently use Psanr
~ Bavxs"l::xn-Kmu.:z_’f_0r pui';|r:.1;nb§th;_stc;_v»_;-
C ‘I -
' mr, nm and fluhiillctions which
~ befall men in our position. I have no_hesi- <
tation in saying that Pam-Kuala ss flu 1
ld! randy to Ute lea! at hand.”
’ Used Internally. and lxtornnny.
the trust may not earn more than a very_
moderate dividend,
mistake of supposing that Liverpool ’s
y -
‘ f lI13k¢ o  the greatest port in the United Kingdom.
But it turns out that it is not now even
second in rank if iudged by the amount
of tcnage which enters ina year. The
oiiicialiigures show that in 1901 there
was 17,206,645 tons of shipping entered the
port of London, 12,745,075 tons entered the
port of Caeditl‘and12,172.68i tons entered
the port of Liverpool. The great develop-
ment of the coal trade put Cardiff ahead
of Liverpool in the year just named.
But Livirpool stands _first of all in the
matter of registered tonnage. An ag-
gregate of 2,000,000 tous has Liverpool
forits home port, as against 1,600,0000
tonsfor London, and 1,200,000 tons fcr
Glasgow. In this way only can Liverpool
claimtobethe greatest port in England
_ _ 'l'wo8ins,ll§:.snd50c.boti.|cs.
and the world. ‘ _
that
sugsriadustry and its promoters should
have so great a pull in tlongrsss in visw
The Glasgow Herald predicts that the
Panama Canal will never approach tts
amount of traillc which the Suez Canal
is doing. The trafhc between Europe, the
East and Australia will go via_Suez, which
has moreover the great advantage  be-
inga sea~level canal, while Panama mul t
have lock-3. The Herald thinks the Pan-
ama route willbe of chief interest aid
use to the United States. No income can
therefore be expected from the work be-
cause of the cost of construction and of
operating together with the necessity of
low rates in order to secure trallc. .
Some ten years ago France made the
novel experiment of enacting tl at aiy
person convicted for the first time of any
offence for which the penalty did not
exceed two years, shouli have the ex-
ecuiion' of the sentence, suspended, and
an the end of five ye v sresmitted provided
he committed no crime in the interval.
The passage of the law was opposed by
many who believed that it would tend
to increase crime. Before the passage of
this law 4.6 per cent of those once sent to
`°prison were again convicted and sent to
prison asecond time. The law has been
.-applied in ten years past in 230,000 cases,
and actually only 12,400, or less than 5§
per cent of those sentenced for the llrst
time have been again convicted. The
‘experiment thus prepares the way for
new methods in dealing with first offen-
ders in other countries than France. The
suspended sentence seems really to be a
wonderful preventive of crime, well
worthy of more general trial than it has
yet received in Canada. `
_ £4 _ _wg
LIGHT Ally 
Dey md night, sunshine an shadovf
are not more dxEerent from each' other
35 _conisnmg on irst floor Wim* ill). Moreover the Presidentof thetruet_ than a healthful from a sickly woman,
The .healthful woman oarriesli and
sunshine with hei*'wherever shgehgoes;
The wo ma n
h o _ s u f f e ra
ill-health
a shadow
own hap-
_and the
of
others. She
- ,mnnot help ii.
_ Those who _suf-
fer cannot
A 'smile and sing
lliii 5555;”
E553 is _’“'~* '  
' ir# _ sf
Qs? iié'il “ii
g` ‘§§ Rigsagtf
gi? B 
giiiiifiigefggi
seal; io~ie»._i_
heals
ii
is
#2
» »==»o1-1-l=a-oi "'“°°'§.;."f.i'1‘a..¢f

iii?
§S=-“iziis
iiiiiii
iiigiii
igi. iiér
i=ii§;§l
__is?.ii
I
as!
The dealer who  a subtitute for
*Favorite Prescriptsomvf does so togain
the httlemote proiitpaid on the sale of `
less mentonous medicines. His profit is
your lem, therefore _accept no substitute.
fDr. P1erce’s Ngsdical Adviser is sent '
ree on rece; o stam to expe ' `
of customs agtd mai1inPsonlyI;gySendn;; ‘
one-cent stamps for the pgper-covered _
b00k, or 50 stamps for the oth hound.
AddressDr.R.V.Pierce,BuiIalo,N.Y."
We Have a Large
>Z|NE.liA|]
andi}lASS
0 These are recent ar-
rivals and buyers will
und it worth while to _
_ _    All 0 ask us for a price _be- f
` Weare proud andpleased to
New Sitiiinas for
_ . _ _,3,._,_ ._ .
“QU
*Lf
Trowsss-in|ac;nd0vslecer¢ings..   
_ _ .="“`"°-_- “f  ft . ._ ‘ ._  
"1-`  ' ~_.   ~ ‘- J. ~  _ N vs#-~“_ -e
Q  0 '  “fra _    ‘ifc
  ._   ' _e_f;_. is ’ * .
- U ‘ww s,  __
, .
V ‘ihxzslpnngcntbusiness in the Custom Tailoring in the
lxgst bet wehave ever had. `
see the number of new customers
we__aregett1n_ _' ginthis depor_tment,_ _ _
Ihss.kngoodpt_9of_th_atwe_ajregivinggcod values in reli- 
ableupftc-datematenal_sw1th best workmanship and above ,all
line fitting clothing wlnchare appreciated. _  ~
the spring nude also
§ 
fore ___,n1=l¢in£_ their ~|l
.   'f 2-, 1 _
<  3 "We
can  prompt
delivery. _ _ 1
  .   _ _L  ` __ ' _ ,' _ir  _  __ . _ g __¢ ,A /_,___ _ F 3
ollotedvlth lnsarbeets.'l‘hrescan»tsrs, _ 519; ii; W __ 6
cf the total is in the three states cf `
afthepecple andreeogniasdtlierefcreaa _ -_.. '  e ...el -  ~ ' __ ‘  if  f I I 
\ 1 , - A   ._  E 1; ~' `}rLil»» ¢=nco&--4. - .»_-._ . ‘>
The P¢¢p1.»- P.p¢r Michigan, California and Colorado, init!-e¥ _ _ ._  _ __  ___ _ _, _ ___ , _ __ _ --"_" __  _ ____ _ 
*~ 5 -ng i is 4% I 5
‘iw s
blished atitscl New Prvwse llpckr _ .  iw '~ 7 D ;».’.'_`i  ‘F -Q-.1,.w_'  ir; _- _ _  j, 
Brier Nfl-'ia anion ono:"nme touowiogi-ata. °“|"` “"'°°d° 1   < -   2 ‘_  e  = . _   :_ f _
n :__ _-__ _ _  ‘\-1'? if inf:
_  -__ ,  .f»_--e_- ...-isa-1..... g. f _ _ _.__,_; -...%_‘,A_,=___: _,,_\_;“._-
__ _ .,._f_,, _,_ 
~~   . x.:
§i__» _ ,> ».-~,»;_“
In The London House Building,
Queen St., Charlottetown# 
Now arriving, and being placed on the shelves,
a carefully selected stock of the finest a1'ti\cLe§!» in aili-
lines of general hardware. - ' ' V
The best of everything- in supplies ins' 
men, for farmers and for the housewife Opening day
about July 21st inst. i
CAME¥N&C0.,_
QUEENSTRBET. » ~
___d&_____ Lonnoli House nuzwnic. _ __
' a. ° 3 _ _ .
_. _ _ .
'H l *
W-1
' Stock of »
c1r'ro_wo. P. E. 1.,  . »B”§3~“’~‘”‘
@%i§£§§#m§§‘*H“fI A   if 
al
__ ‘_ _
Having been appointed agents. for _the celebrated   
and Gasoline Engine," manufactured by Goldie ~& McCulloch? " P"“°°"_ *te* °°
of Ga1t,oncfio, we are prepared so an an orders if snort if M"°““""° “*
melee, and would invite an who are in who of it they  0 0°”
leilicient wer from 2 to 0 h.; . to forward their
csefosml
clam
for visitors,
'faced 
 '  ’ .'.,,; _~
rightful' 
_ S. S. Hi1l.sbd_m~.Vi1i have
lFare, 2oc. Tea tickets, 25c.
 Y   _sv olmsm.
STEAMER e
N
4.
CALIJNG Hams
» ` ° tba-9, rea-nose
P0 5 P oniersc _» veaaeneu.    ,
This enginecanbe .` _th "Guardi ’ 'SN  ’
v\0ai¢e,w1.¢f¢it has aapiigailin Kmcrim a”ma1,.f'§“§§°§ __
Engine, and is giving every satisfaction. » . -  ' ` ' ' 
Address, - ~ »_
_;__-
rii r.i.maiifi iifg__i;._  it
AGENTS roar 1-; 1 _
6-24 d&w ‘-
...M
. I '\`_` ___;' ` ___
§nc lsl
az..
4.
.1
*su-_
_   _s;|’“3i  
__ , _ ._ _, _ __ __ __ __
 F=“*'U2=oi_.0=n. .oo
-1F02 ALL CRQP5:   W
E‘“'“. e “"°'.“.".‘:.f.':.'°°°**‘°*“.‘°*'°"~~ W°_“f°G°9¢fa1Asénef¢f1fJiéiif¢r»s¢°c=refo1o eo' if I
’=;';~‘;d°gi¢°°1eia  ihey are splendid and _are 
-0 P|°\l2|\§ od on hi! ire V
liarrows, ‘P1  _
M80 .Ca_rris;es__o__t all kinds
_ We can give you satisfaction every time. Give us a call
R. E.  ac."
‘town ascii 3;_T,;¢_ F,-i.wklv_ _  ._ _ _ _ _ _
eedmiditiowi  
_ _ , _- . _ _ _. ._ f_,, P
e - is Youmsunsmras 0 0 "
.. Ih=#v¢aaed1a____
charitgcllt __ih1S_ _Llfer from a_ well known _Gentleman of _et into _scan gi Iin§_ep1¥ou__
Wil
J- K. R_oss, Prov. Manager.,_The North American Lifg Assurg "fg_e'1"sa_ _ta?»q`fg- fmm an 
_ ance C0 Y~_ _ _ _ .. __--,~to»orfl=oon any part of the
DEAR _SIR I beg to acknowledge cheque from your
$3»II.9l-.beilllg proceeds of my 20 year endowment po1;¢y_ fm- ~
taken out 20 years ago when the North American Erst :aired
business ill t1liS City I may say the results are entirel S
1112, 2_-iid _I Otllyrcgret I did not take out $10 » Y
cool-.ideg _if e ers:-etoginvestmenf. In addition  4
ance, I would advise all young men who can pay the Premium t
out an endowment insurance early in life as it will prove o
1°<_>k forwamgto iilhianeeiilgfng yéw’ and me mm _
' I have 11° 1\eSitati_a'in recommend " -L
one of the strongest  mma¢d@;¥§é¥¢éq mGmr can 
L ` - _A  if  Respectfully Yours,
fox€“’9“i°’9“W‘i¥1be-earefuiiyattended
  W   _  
_ _ Are cutoff
_ _ .~ tousfandiwi
~ * - 0' mtmodmte 
0  
vf
` ~~__= *\\;>_rsg.-g=__¢...._-,i.¢ §_.~..,;i_ *_
H 2323
‘a name
-Cs ri Ubin( me to
and
_ Pricesfrpmjscgg an
PM
  0   H45g1,<1 Mrabe, 
Téaionlible rates, to convey
Telephone 24;. "0 »_
(9 P. SeIfBa€¥WN, ‘
lodllirhicnsloafbfbnd
fb those who are
wliilinpeihediaesticu
%f;“;“‘
Street wharf*at`9`aif, iii; and 2 p,
" *“`%f»w»~W»»o~`s-»-~e~ so as wewm. ...me
_ ._ _~_ _ ,s _,M4
-.»_..¢_ c. lmlm hmm cam'
an ascii ,sow
i
.;*i:.t'mr;:m°:.. :2'x'” ..:r"m*.’.“..“1'i“ ...¢="'hm£$*?iK A AKQE. :LA _ .-
l .a
THE _AMHHCAN use 'W  '_“l“* "ii