eo a — Tus Dartty EXAMINER. DECEMBER 7, 1883 The Financial Situation AccoRDING to the offici il statements of the Caoadian Banks, the internal trade of Canada five years ago required £25.000.000 of bank circulation to carry jiton. Now $35,000 000 re-| that purpose, being an increase “s over ure quired for 1 ; of 40 per cent. in the regular business | of the country Oo the other hand, Government de-| posits the banks have been reduced, e Dominion being $378,860 and the vincial $364,100 jess than they were} live years ago A gratifyiog and reassuring fact is the steady increase io the savings of the people [wo years azo the total de- posits in the jiout stock banks of the country am unted to $86.828.000. The lollowing year they increased by over $5.000,000 and now they amount to arly $99,000,000. This is a sure indi- cation of the growing prosperity of the cout iry Another important fact is that while a year ago the business of the country re- ‘ of $158,145,000 to carry three millions less is quired a credit cn business, nearly bece sary uow. ret 0h on these facts the Wir nipeg ‘ommercia! says they cannot but be considered very satisfactory, and suchas shduld give renewed confidence io the financial.ability of the country. The Montreal Herald, io its financial review of the 3rd inst., says “the local money miarket remains quiet, and is well supplied with funds, while the borrowing demand from all quarters is moderate, and rates of interest are un- changed Prime mereantile paper is discounted at 7 per cent., and call loans on stock collaterals are made at 55 per cent.” But, notwitastanding these undeniable and iucontrovertible facts, the Grits persist in ruaning down the credit of the eountry. The fact is, we believe, that never were the finances of Canada ona better foundation than they are now. It is true, there has been a few failures,— failures teu times as great have occurred in England, yet the fivances of England are considered sound. Stocks are, it is true, lower and more irregular than they have been—owing largely to the “human " of stock-jobbers and the corres- the unpatriotic But cause for “panie” or ‘‘com- mercia! depression,” there is none in reality. The business men of Canada have not,as a class, been imprudent, the country is improviug. and its people are prosperivg. devices responding efforts of press. —-_—s or Editorial Notes. ~-The Ottawa Citizen remarks that ‘Sir Charles Tupper, Cavada’s High Commissioner, seems to lose no oppor- tunity to advance the interests of the Dominion in the mother country, aud is uow in correspondence with Hon. A. W. McLelan in relation to a subject of much importance to our merchant marine. The matter under consideration affects ad- ditional legislation in the imperial parlia- ment with a view to the proper inspec- tion of British bottoms. For the safety of life it is proposed to introduce a new feature with the intention of having a value registration, so that insurance up to that value or over it will be consider- ed illegal. The shipowner will thus be- come a partial insurer and be further in- terested in having the vessel managed with safety. —In 1660 the United States exported agricultural products valued at $256,- 560, 972; in 1870 these exports amount- ei to $361.138.483; and in 1882-3 to $619,605.713. For the years endivg June 20, 1883, aad June 30, 1882, there were exported of — 1883. 1882. Cotton oe co ses ee ree $199,812,644 Breadstuffs . 203,040.850 182,670,528 Provisions 107,388. 278 120,655,701 Tobacco 22,095,229 21,430, 869 44,913,079 Total . .$629,766, 166 Manonfactures exported last year amouuted to $111,890,000, or two per cent. of the total prodwetion in 1880. The imports of merchandise last year ainounted to $724,639,574, and the total foreign trade for the same year to $1.547,020,316—the largest in history of the nation. In 1856 the tonnage of United States ships in foreign trade was 3,194 275 tons, or 75 per ceut. of the total tonnage entered. Last year it amounted to 2,834,681 tons, or only 21 per eent. of the whole. Mineral oils 5), 232,706 $575, 802,448 —Tfrish butter, says the Dublin cor- respondent of the Toronto Globe, is now in the ascendant, and is sold at highest quotations in the English market. For some four or five years it had gone down very much in commercial quotations ; but its excellence has again brought it to the top figure. London, the greatest consumer of butter in the world, had to turu to the Continent for a time, but With the training of the Munster Dairy School, and the skilful mauipulation of the cream now in vogue, the fine tasty Irish butter has resumed its place, and | beaten the best qualities of Normandy out of -. market. The necessary | techuical education was all that was; wanted to feior lrish butter to the front. | There is DO other county under the suo, it iv admitted, where butter can be made} With a fair wind it in all its pertection as it is in Ireland, and Ireland is making rapid strides to a poiut in the butter trade that canuot be surpassed. It is now one of the priacipal , industries of the evuntry, and the com- the | | there been no tide, should have brought the Fit ls Sis SE THE modity must in future become much en- hanced ia value from the intelligent means taken t direct und encourage the production of a superior article. Items from Souris. Winter has arrived for the usual annual stay bringing its comforts and discomforts Debating societies, temperance organiza- tions and social parties, will each help to oceupy and enliven the long evenings. The rich can make home comfortavle, but the poor will suffer, The great world will go its rounds of joy and sorrows just as usual To everyone winter brings some lesson, and there is much truth in the words in- scribed ouan old tombstone at Stirling Castle, Scotland :— ‘Our life is but a winter's day, Some only breakfast and away; Others to a dinner stay, And are full fed The oldest man but sleeps, And goes to bed, Large is his expense, That lingers out the day; He that goes soonest, Has the least to pay.” After all whether in sammer or winter, we all cling to life, and risk the pay. Snow clad meadows, frozen rivers, and good sleigh roads, possess their own charms; and ‘‘the winter of life” is frequently touched with a sublime grandeur, imparting to the silver locks of honorable old age, a halo of glory-—the spotless whiteness of heaven crowning mortality ere its life breathes into eternity. The offices of Mr. Vernon Kuight, situat- ed on Breakwater Koad, were consumed by fire early this morning. Cause unknown, Reported insured. Valuable papers and ths contents of safes were saved; but all else isa wreck. The building was a very convenient one, and almost new, and the loss is considerable. Again we hear people ask, how is it Souris is without a fire engine? We have an inexhaustible supply of water, and plenty of stout hearts and willing hands to form at any time a volun- teer fire brigade. There is much valuable property in Souris, and stores containing heavy and valuable stocks of goods, and as accidents by fire will, now and then, un fortunately take place, a fire engine might at least prevent the spread of a conflagra- tion. The usual Alliance Temperance meeting took place last evening. The Rev. J. J, Colter, Dr. Ford, Mr. Marshall Pacquet, the Rev. Father McDonald, President of the Alliance; the W. C. T. of Hickman Lodge, and the Recording Secretary of the Alliance, Mr. James Maskell, all addressed the meeting. The meeting was a good one; the addressing were lively and to the point. The next public meeting will be held on Wednesday, the 19th inst. Asthat meeting is expected to be the last fortnightly meeting of the Alliance, a large audience is desirable. Most likely future public meetings during the winter will take place once a month; the Committee and officers of the Branch may be called upon to meet much oftener. Souris was very lively yesterday, and our merchants had a busy time of it. The reads are reported good for sleighing, which gives our farmers and other country residents a favorable opportunity to trans- act their business. LANCASTER. Souris, Dec. 6, 1883. we Loss of the “Minnie Gordon.” So ATTRIBUTED TO GROSS CARELBESSNESS ON THR PART OF MASTER AND MATE. Captain Scott, R. N., concluded his inquiry into the loss of the bark ‘‘ Minnie Gordon,” on North Cape, on Monday last, when he delivered the following judgment : In obedience to an Order in Council directing the undersigned to hold a Court to investigate the circumstances which led to the stranding of the bark ‘* Minnie Gordon” on the North Point of Prince Edward Island, a Court was convened on the 30th November and sat all that day and part of the next. In this investigation I have been assisted by two old and experienced shipmasters : Captain Joseph Prichard, of the Board of Examiners of Mesters and Mates, and Captain William C. Robinson, holding a Canadian Master’s certificate of competency, No. 566. When the above instructions reached me I placed myself in communication with the owner, Mr. George McLeod, of St. John, New Brunswick, who directed the master and crew to meet me or Thursday to 29th ultimo, to give their evidence, but as the latter were discharged in Prince Edward Island and hai left before that date, the Court had to rely solely on the master’s evicenee. It appears that the ship left Miramichi on the evening of the 5th of Novembe;, and at 5h. 3Om. when the pilot left her, Escuminac light house bore S. E., distant about 6 miles. The course then steered, until eight o’clock, was East, and the dis- tance run was nine miles, The course was then altered to 8. E. by E., which, had North Point light of Prince Ecward Island | convinced 'enecounter a strong southerly tide, and that broad on the starboard bow. At 9 30, after a run of 22 miles on that course, the light was made bearing E. 8. E., at a supposed distance of thirteen miles. The ship had thus been carried in that short time four and a half miles to the southward of her course. The course was then altered to E., and orders were given to the mate, who had charge of the deck, to keep the hand lead going, and not let her go inside of ten fathoms. At ten o'clock the master went below; the weather was clear, the water smooth, a moderate breeage blowing atS. S. W. and the sbip going at eight knots an hour. At1l p. m. the ship took the ground and all! sail was kept upon her until near noon the next day to forcg her over the spit; the deckload was thrown overboard to lighten her, but no anchor | was laid out or any further attempt made to get her into deep water until the 7th of November, when a kedge anchor was laid out When the light was made on the port bow instead of the starboard, it should have the captain that he had to was the height of im- prudence to shape the course he did; and to leave the charge of the ship to a stranger at a critical time, when about to pass the very spot on which he had been wrecked ;some four years previously, was most ‘unfortunats. As an old experi seamen, ‘Pati. ~ eee ox AM ee he should have known that it was extremely doubtful if: his leademan could get bottom with a hand lead ina ship going so [ast through the water. From a consideration of all the ciream- stances (onrected with the case, | have come to the conclusion that the ‘‘Minnie Gordon” was wrecked upon the North Cpe of Prince Edward Island through gross carelessness of the master and mate of that shij?, and that the certificate of the former shall be suspended for the space of one year from this date, whenever he returns to. this country, be brought to trial for his miscon- duct on the above occasion. Given under my hand at St. John, New Brunswick, this 3rd day of December, 1885. P. A. Scort, Commissioner We fully concur in the above. J. PRicHARD, ) Nautical Wa. C. Rozrnson, | Assessors. ~—— ©: GP +e & British News Notes. Archbishop Croke, at Waterford, ex- presses the conviction that in a measure- able period they might see Ireland clothed in the garb of freedom under the Irish flag. The Marquis of Hartington has stated that Germany will co-operate with Eng- land to protect their subjects and interests in the event of war between France and Chipa. The classic revivals at Cambridge have been immensely successful. The ‘Birds’ ef Aristopbanes was performed without a fiaw, and the scenery and mounting were very rich. Thegirl students of Girton have produced the ‘‘Electra” of Sophecles with almost equal success. The Senate of ihe University still holds out against modern language tripos, having been rejegted by forty votes to thirty-nine. The Tribune's London correspondent says the convention between M. de Lesseps and the English ship-owners surprises the public and meets with a donbtfal recepcion, mainly because it deals with the fimancial and commercial sides of the questions. M. de Lesseps’ concessions on these pvints much exceed the original agreement, but the public is anxious to know whether the Minister will now enforce English views against Da Leseeps’ claims to monopoly, and insist on having control of the new canal. The London papers have entered upon a lively discussion of the system, of gambling which prevails ou transatlantic steamers. Passengers who have suffered or been an noyed by it writes that gangs of American make a regular business of travelling on the first-class liners. Their victims are gener- ally Englishmen. It is even stated the sharpers must be known to the officers of many of the steamers, and the question is asked, why do net the managers of the Atlantic Steamships rid themselves of this criminal] nuisance} Several correspondents of the Standard call upon the steamship owners to exclude from their ships m<n who are notoriously gamblers. ‘*Pinafore’ Gilbert is said to be as bright and witty in private life as on paper in his librettos. Recently when he was in the country at a pretty little place he had taken in Hertfordshire, a lady guest, whe: had remarked a little grove near the house, said to Mr. Gilbert:—* What a pretty wood you have.” The angwér was:—‘‘Not quite a wood, T am afraid. A sort of would if you cculd.” On anothet occasion when there was some talk at his house about bishops, one fervent dame said:—‘*How good the dear Bishop of Peterborough ‘is! What a good man !” Gilbert’ was mare instantly with:—‘‘There is no merit in that. Bishops ought to be so. They get five thousand a year for being good, while we are expected to be good for nothing—and most of us are,” — Oe a @ ——- -— + Home News Items. A pin factory is being established in Galt, Ont. Twenty-one machines are being manufactured which will have a capacity cf three or four million pins a day, The products of the Moreton Cotton Mill are ssid to be meeting with much favor among dry goods men. A ready market is being found for the goods, and there is no doubt the full production can be sold. Halifax now possesses excellent facilities for landing and handling freight, having eacellent terminal accommodation, a new grain elevator, and can forward goods and passengere by the Intereclonial Railway with great expedition. The Barrington, N. 8., woollen mill, which commenced work in October, has already turned out 2000 yards of cloth and 1000 pounds of yarn. The capital of the Company is $10,000 and the market is so good the capacity will be increased next suinmer. Mr, N. M. Baird, formerly of the Oxford mills, is the Mechanical Super- intendent. Last winter, a man named McPhail was found near Antigonish, N. 8., with his throat cut. A razor was on the ground elose by, and without apparently a very thorough enguiry being made, the coroner’s jury returned a verdict of death from suicide. Recently the firiends of the de- ceased had the body disinterred, and a post- mortem exemination held, which showed that the man had been struck on the head, and strangled by a rope or cord around his neck, and that the cutting of the throat had been done after the man was dead. Montreal's winter Carnival begins on the 4th February. The several railway com- panies have intimated their willingness to run special excursions to Montreal at very greatly reduced rates. New tobogganing hills are go be prepsred; a much more beautiful [ce Palace than th at which was so much admired last year will be ereeted; the Sboew Shoe Clubs are arranging to hold grand Union Torchhight Processions, Moon- light “ramps, Races and Games; there will be specie! eom :petitions by the Curling Clubs, Aboriginal Games by the Indians, Skating Mas querades, Tandem Drives, Horse “Racing on the River, Carnival Ball, and yarious other atlractions, - ~~ én - Mack’s Macsyeric Merpicjns—the great brain and nerve food will restore lost nature to young, middle aged and old, Life is too short to waste away. Read the advertisement | in another colamn, and if you are afflicted make no delay im procuring the cheapest and | Lest medicine ever sold. Sold im Charlotte. | tuwn by A ies Hall Ch, [dee8 lw wily he ext actly gamblers, card sharpers, and ‘“‘bunco” men’ _ooeees en MINER, DEC. EMBER a | LETTERS TO THE DITA. ——---p}- -- —- Standard Time—Cupid Objects, acoption of standard time on humbug, and Iam glad that the Local Government hes refused to be led away by the delusion. Ou trains and steamers make no close connec- tions with the Intercolonial and passengers fiom the Island, invariably are delayed a couple of hours at Pictou and Point du Chene. Let us rather put our clocks thirteen minutes ahead, awd we shell then one hour faster than Inter- colonial time, and we shall suffer none of the inconveniences that will surely follow from the adoption of standard time. Life is too short to attempt getting in the way of going to dinner at eleven instead of twelve. Just fancy « fellow having to bd his girl good-night at nine o'clock. Why ten o'clock was always too early. Sir, -—The the Railway is a CUPID. MARRIED. At the Manse, Hampton, 24th November, by the Rev. A. McLean, Lemuel Dawson, of Tryon, to Christy Howatt, of Cape Traverse. At the residence of the bride’s father, 14th November, John Matthews, of Wilmot Valley, to Mary Cameron, of Tryon. — = ae > DIED. In this city, on Thursday, the 6th inst., Mrs. W. B. Dawson, in the 69th year of her age. [funeral will leave her late residence, (next door to 4. L. Bridges & o's, Hillsborough Street) to-morrow at 2 o'clock, by sleighs, for Cemetery. At Wiieatley River, on the 15t. ult, in her 26th year, Elizabeth, beloved wife of Albert McKay, leaving a husband and one daughter to mourn the loss ef an affectionate wife and mother, SHIP NEWS. Ar at Poston, Dec, 1.—schr Fleetly, Lohnes, Cascumpec, P E 1; Dionis, Nickerson, Char lottetown; Candor, Swaine, Mount Stewart, PEL; Emma Bb, Wickens, Orwell. JUST RECEIVED, —AT— G. H, HASZARD?’s, ~THE— Old Fashion Note, With Envelopes to match, unglezed surface, creamy tint, suitable forall pens and every writer. Aleo the New Imperia} Treasury Note Paper, and envelopes to match. Noth. ing could be more useful for a Christma: Present than a box of the above Note Paper. You can have them stamped with Monogram, single letter. G. H. HASZ\ RD, Queen Square. SCHOOL SUPPLIES. All the School Books uscd in the Public Schools can be had at G. H. HASZARBRL’S, Queen Square. Ch’town, Dec. 7, 1883. . ecd BILLIARD TABLE, &€¢. OR SALE, at a bargain, a six-pocket Eng- lish Pool Table, vith Balls and Cues (complete), Cue Racks, Chains, Card Table, and other furniture. The room was fitted up for a private club, is centrally situated ard will be rented on reasonable terms. For farther information apply at EXAMINER OFFice. Ch’town, Dec. 6, 1883.—3i pd - DR. BENNET ALLS attention to “THE ELECTRO C MAGNETIC CORSET,” exact pattern as worn by the Princess of Wales, the health- viving powers of which, especiaily in female diseas’s, are very great, Can be had at FRASER & REDDIN’S. To be worn as an ordinary corset and lasting longer and fitting superbly trimmed with Valencienes lace. Dee. 3, 1883. TO LET. fPVHE large STORE, WAREHOUSES and DWELLINGS, corner of Great George and Euston Streets, The premises were built for, and are admirably adapted for a produce business, Apply to ee ee Hi. COOMBS, Agent Comeet, Nov. 14, 1883.—eod (kT TH K DAILY EXAMINER, for the DW latest Nawe’ boca and Telepraphin WANTS, LOS ST, FOUND. ae, OST—This Morning, on Kent, Hills- borough or Syduey Streets, a KID MIT. fhe tinder will oblige by leaving the same at thts oflive. [de6 W ANT ED—A PRESSMAN in a Tailorin iste blishment. Constant employ- ment to a yood map. Apply at this office. {nove rANTED IMMEDI ATELY—-A Dini: g Room and Pantry Girl. Must have good references, Apply at Revere House. [novi4 ‘DRIFT—On or about the 19th instant, a LX raft of Sprace Logs dri‘ted from its moorings, three miles south-west of Cape Bear. Anv parties having found the same shall be rewarded by notifying McLyae Bros, Murray River, King’s County; or David | Smali, Harbor Master, Charlott town, [no3 oo a ee a ee YITUATION WANPED—As Anctioneer, two days in each week, avd every night, for the winter, at low rates. Apply at this ottice, fact OAKDERS,—Mra. Robert Rodd, has Te- | moved to the house of Mr. (. Heartz, | Kauston Street, where she can accommodate | number of Boarders, on reasonable terars. pers 1-83. ‘A Merry Christmas and a Happy New Ver,’ eee ( ) oe ee ffbristmas Presents AND REQUISITES, ——— A ']'——_ WATSON’S DRUG STORE Leather, ( DOR CASES, in Plush, Cardboard, Wood and Tortoise Shell; Painted Paff Boxes, Cut Glas and other Toilet Bottles, Smelling Potties, Florence and other Hand Mirrors, Uecket Toilet Cases, Porcelain Feeding Cups, ete, for invalids; Wa'king Stick:, Pipes, Leautiful fine Leather Cigar and Cigarette Cases, Pocket Pooks. Fly Bo rhe, > ees Shaving Mugs, Razors, Strops, Mz a6" iifying Shaving Mirrors, Whiske, Playing Car: Spect acles, Fi ine Sponges; Cloth, Nail and Shaving Brushes, in ya holes Exquisite Soaps, ja boxes; Sachet Powder. nl A large assortment of Choicest Perfumes and Toilet Waters, at every price; and a great variety of all Toilet Articles and Prepvrations. ~ALSO— Guava, Orange, Calves’ Foot, Red and Black Currant Jellies; and Saucés, ( andied Peels, Spices. Baking Powders, Exglich Confectionery, C urrants, Baking Soda, Cream: f Tartar, Ess Cc flee, Capers, Currie Powder, Gclati: », Sago, ‘Tapioca, Artow- root, C.doa, Broma, Chololate, Corn ee Candid Ginger, Fiaverirg aud Coloring Extracts, Maca onii, Vermicelli, ¢tc., CITY DRUG STORE, QUEEN STREET. Ch'town, Dec, 6, 1883.—till 31st 7 ENTE as GOODS SELLING VERY CHEAP FOR CASH, AT THE LONDON HOUSE. oe OO Men’s Gloves, Mitts & Scarfs. Men’s fop Coats, ' Marmalade, Olives, Pickles Mien’s Ulsters, ae Men’s Fur Overcents, [\ Men’s Reefing Jackets, Be Men's Woo! Underciothing, be Men’s Fiannel Shirts, 2) Men’s Cardigan Jackets, e Men’s Fur Caps, Ladies Sloth Sacques, | Ladies’ Cloth Tisters, Pe Ladies’ Fur-lined Circulars, Ladies’ Astracan Jechets, Ladies’ fur Caps and Hefis, Budate Robes, apanese Wolf Robes, Blankets. Hierse Hugs, Railway Wrappers,cic GEO. DAVIES & Co. ae. — Ch’town Nov. 13, 1883. ne — et ee Db. A. BRUCE, MERCHANT TAILOR, | AS now on hacd the LARGEST STOCK ever shown by him, Consisting in part of fy arooatings, Suitiugs, Underclothing, BATS, FUR AND CLOTH CAPS, —AND— RYERYTRING IN GENTS FURNISHINGS. Ladies’ Brocaded Coating and Ulster Cloth, VERY CHEAP. Those wishing to have their Garments MADE TO ORDER can rely om getting A PERFECT FIT. We are offering our own make of CLOTHING 10 PER CENT CHEAPER THAN THE SAME QUALITY OF IMPORTED. Our object 18 not to make large profits, All favoring us with their patronage can rely on getting the best valae that can be had, D. A, BRUCE, 72 Queen Street, Charlottetown. 2 Noy, 15, 1883.—3m eod wkly Se ens FURNITURE, a ce ee ee FURNITURE, AT COST. Opposite Post Oflce, Charlottetown. | EDSTEA DS, Chaire, Tables, Washstanda, Sofas, esis Parlor, and Diawing Room Bedroom Suits, Lookiag Glasser and / Mirrors, Window Furniture, Picture Frames and Picture Mouldizgs JOHN NEWSON, Jen, 9, TRARY. Ig Chmlot torn,