HomeMy WebLinkAboutThe Brussels Post, 1911-9-7, Page 6I,IP
OVER2 MIL4:iON PACK aG•ES;�SOI-p WEEKL`('
MAKING SAFE INVESTMENTS
SAFETY OF A BONG DOES NOT DEFEND
ON STABILITY OF MARKET PRICE
Now necessary It Is for a man to know
What his requirements are before Invest-
ing—How some high class securities salt
in the Market without any doubt as 10
their safety—A moral drawn - from the
recent failure at the Blrkback Bank
which Was caused by not observinC
earatully the nature.of.lts. requirements, -
(By "Investor")
In the first of this series it was shown
that "distributionof risk" is au import..
ant prmotpie of investment. It le a very
simple one, however, involving no very
contused ideas. There is another prima•
ple to be borne in mind when making In.
vestments which is of uo less Importance,
but it 1e, however, considerably leas ob-
rioue to those whose inveetment expert.
once is small --and even to many who
should understand its actions thoroughly.
This m the principle of investment, "in
acoordaace with aetfui requirements."
Suppose a man went to a doctor and de.
manded u prescription saying he was 111
but refused to give his symptoms; you
would consider that man a fit subject for
a lunatic asylum, Yet he is not much
more insane than the man who writes to
an investment house and makes the bald
statement that he desires to invest molt -
aim -welt it sem of money and asks them
to recommend a security without stating
any further particulars. Last week we
BUMP that there aro at least Ave important
points to be considered in investing 10 ac-
cordance with our actual requirements.
It is necessary to know all the -symptoms
of the case" in order to pick a security
and to recomend an investment fulfilling
the necessary potato. Just to -day for ex-
ample I received a letter from a man
who asked if a certain stock was a good
investment. Andit was a good invest-
ment for certain classes of investors, but
for mous others it was most decidedly not
so, Yet without giving any partfoulars
as to whether he was rich or poor; wheth•
er he desired great safety or a high in.
come; if he required a readily saleable
,iatoek or not; he wanted advice. As well
ask a physician if a mustard plaster is
good for a sick man without any des-
cription as to hie particular ailment. So
those points aro not to be passed over
without careful study, end if this study
is given them it willresult in your In-
vesting your money in a manner which
will give you the greatest satisfaction.
There are two of these points quite likely
to be contused ---"Safety of Principal"
and "Stability of Market Brice." Tet when
investing in any security except shares
of stock, these points are utterly dissimilar.
Why stocks are excepted will be taken up
in another article as the explanation in.
volves some special features too lengthy
tor the present discussion.
For example, Consols—the famous abbre-
viation for Consolidated Debt of Great
Britain --have declined over twenty -Ave
volute 10 the market during the past ten
years; although there has not been the
least !poling that they were not perfect-
. ly seenie. Consols have for years
. been :the• premier investment security of
tho •world and the alteration in quoted
orlpe has' absolutely no effect upon their
safety to the investor who, without any
'desire ever to sell, bought at par; for of
course when the Government decide to re-
pay them they will do so at par; but for
the man to whom stability of market was
Drat consideration a more unfortunate
h•g1 class investment could not have bean
chosen. Take the Birkbeck bank which in.
vested heavily in Consols, The Directors
bought a security and paid a high price
for the element of safety, while stability
of market price should have been their
first thought. As a result of their lack of
judgment and carelessness in diagnos-
ing.their requirements. the bank was foto.
ed to close Its doors. So too the matt with
a surplus supply of funds, which ho may
require at an Indefinite period in the fut.
are, but meantime desires a better rate of
interest than saving banks allow,
• : must.ohote.an investment which will en-
able him to realize on his holdings at
short notice with little or no loos. Of
coUrse there are securities of this sort,
Bonds• which are within a very few
years of maturity—when they will
be paid .at par --present this feature very
strongly. The stock of a bank such as the
Bank of 'Montreal, Bank of Nova Scotia
01 of several others of equal merit aro
excellent mediums for tho investor .who
wants a fairly high and :certain return
and an excellent chanes is the long run of
appreciating in values but the intents.,
tions of ;)ries which have beset ail ,bunk
stocks in, the market during the past eigh-
teen maathe makes them a decidedly undo.
oirabie form or Investment when etability
the rime essential. The fluctuations
ie pnuc ns
had absolutely nothingto do with the
condition of the batiks themselves—'
seldom have they tloue a better or more
proatable business. The cause was Quito
removed from that andwill be taken up
fully within the next week or two,.
These brief examples serve to show- not
only the difference between "safety" and
"Stability or market price"- but also in.
dicate the importance of kaolin what
you want and getting 10.
FILLING PtBLIC PURSE:
Schemes Which have Been Adopt-
ed by Rally Statesmen.
The chief problem which turns
chancellors gray before their time
is that of replenishing the constant-
ly drained public purse without im-
posing too great a burden on any
particular class of people, and, of
considerable importance to the law-
maker personally, without hurting
the business of or offending any
constituent.
Modern wrestlers with the pro-
blem have devised many ingenious
schemes, but for originality of plans
to fill a depleted exchequer no one
has ever approach those devised by
the great William Pitt during his
chancellorship. It was he who
devised the dog tax, an institution
which still thrives for the benefit of
local governments, and kr the na-
tional government in Great Britain.
The original dog tax applied only to
persons keeping sporting dogs or a
number of dogs. He also originat-
ed the income tax, which ;during his
administration, was fixed at two
shillings on the pound on all in-
comes exceeding £200 a year.
It was the fashion of the time to
wear the hair in a powdered queue,
and hair -powder appealed to Pitt as
a vanity for which every man would
he willing to pay a guinea a year.
He expected the treasury to benefit
to the extent of $1,000,000 annually,
but he overestimated the value
placed by his countrymen upon
their powdered queues. Every one
had his queue cut off, the example
being set by several of the nobles.
A tax on shopkeepers, though
only a small impost, arranged on a
sliding scale based on the amount
of rental paid, was stoutly resisted
and eventually defeated by the r
British tradesmen. A tax on fel I
male servants, amounting to two o
shillings and sur -pence for one, five. A
shillings for two, and ten shillings
for three or more, was more success- p
ful.
Previously to Pitt's day, births,
marriages and deaths were all made
to contribute to tbe national purse.
A duke's bride cost him a trifle ov-
er $250; the arrival of an heir a
meant a contribution of $150 to the p
treasury, and each subsequent male n
addition to the family called for c
$125. The death of the wife neces-
sitated the payment to the govern- r
ment of $2.50, and smaller sums; I
were payable on the death of other w
members of the family. These life b
and death taxes were assessed on
every subject in the kingdom who
had anything to pay, the smallest a
sum collected being for a marriage, r
some sixty cents, paid by the man a
e
fish a /rT sa
DOG IN THE MANGER
all • 6t'e$las rt4 aft ear a .r,•t• ltaatiia**. s
There was a curious expression in
Ttobert Shalfoard'a eyes as heopened
the door of Harold Compton's
room, entered, and locked it beliind
him.
""Hallo 1" exclaimed Harold in
surprise. "What's up—and what'
have you locked the doe: fur's"
"I've just come' from Margaret"
replied' Shalford slowly. "I gut her
by herself to—to ask her to be any
wife, and --ander---"
"Ah 1"
"And ,she informed me that au
hour ago you hes forestalled me
and that she lead accepted' you,"
Harold Compton regarded the
man he had out -stripped in the race
for Margaret's hand with an air of
puzzled curiosity. They were clerks
in the, office, they -lived in the
same boarding -noose, and now they
had fallen in love with the same girl
—the landlady's charming daughter
Margaret.
"1 am sorry," he said, "It's
rough luck on you."
"I.dcntt-want -your sympathy,=
}Its voice was quite expressionless,
listless almost,
"You have got to give her up.
You have always been my rival, At
the office you have walked over me,
but in this matter you shall not walk
over me. She has chosen you; but
that is not my point. My point is,
that if I can't have her, you
sha'n't" 1
His tone was still dull and expres-
sionless, but his eyes were blazing
with jealousy and hate.
"That's rather the attitude of the ,
dog in the manger, isn't it?" ask-
ed Compton, glancing uneasily ab
the locked door.
"Exactly,"
"I suppose you are going to pro-
duce a revolver and threaten to
murder me?" he said, measuring
his man with his eyes.
"Not quite. I haven't bought the
revolver yet, but I am going to buy
one."
"I see. This is a 'warning."
"Yes; a warning. As ;.said be-
fore, if • I can't have her, you
sha'n't, and neither shall anyone
else. I shall serve you all alike:"
"Don't be so ridiculous, so ab-
surdly melodramatic, you idiot 1"'
snapped Compton, losing his temp-
er. "Do ybu think I am to be
frightened into giving up my life's
happiness? Go to bed, you jealous
fool, and you'll think better of this
in the morning. Open that door!"
"Not till I have made everything
clear. This is the plan—if you
won't give her up, I shall wait my
time and opportunity and shoot you
like a dog !'
"Rubbish! Stuff and nonsense!
If I thought you were responsible
for what you are saying, 1 shoullfl
send for the police."
"You can if you like, and when
I have :served my sentence for
threatening bodily harm, or what-
ever they call it, I shall spend the
est of my life hunting you down.
'm quite prepared to swing for you,
ompton, if you marry Margaret.
nd if you marry her while I am in
risen, by heavens, I'll shoot her
too 1"
"chat you want is a jolly good
hiding!" said Compton ferociously.
"That would knock the nonsense
out of you."
He rose, and Shalford made a
art for the fire place and seized the
oker. But his voice and his man-
er still remained unnaturally
alm.
"I've thought it all out," he said.
`I've thought of everything, and
'm ready for you at all points. I
on't bother you with the details,
ut you can't escape me; and, if
necessary, you shall both die."
He took the key out of his pocket
nd unlocked the door. Compton
ushed forward while he was thus
n„aged, wrenched the poker out of
is hand, shook him like a rat, and
ten kinked him out of the room and
ammed the dour.
Compton heard him, pick himself
whose income was less than $250 a h
year. This man paid fifty vents ti
each time he became a father, and i al
one dollar approximately upon the
death of his wife or son. Bachelors
of every tank were' taxed from 1095I
to 1706, the payment varying with; th
the rank of the individual, and S
ranging from _LIS to $60 per year. on
.l man over twenty-five and unmar-
ried was a bachelor under the law, re
T
so
p and return to his room, heard
me ono called out to knew if any -
int; was the matter, and I heard
halford renly, "No; I only slipped
the landing.'
"Jealous, melt -dramatic ass!"
nrmered Compton to himself.
hen lie got into bed, and was
on fast asleep.
But in the morning, when he went
downstairs, specially early --he who.
usually appeared at breakfast five
minutes late --to steal a fety mom-
ents with his sweetheart, he found
Margaret pale and nervous ; and
when Ito held her in his arms he felt
her tremble.
"What do you keep looking over
your shoulder for?" he asked,
"I thought perhaps Mr. Shalford
)night be down•for early for ottce,"
am faltered, •
"Shelters"? Alt„' He flung his
ems nrnteetingly round her. "I
bink 1 knew what is the matter,
stars” he whispered tenderly. "Tell
0, please. all'that he said to you
est night."
Two of the most short-sighted
taxes ever levied were thea.. on pan-
er and on windows, William TTI.
originated the paper tax, which
was at ane time as high as 11110 a
ton. On the saner used by Cberles
Krieht to print his Fenny C'velo-
t'edia the fax amnimtcd to Sino.e00.
Litter there was imposed a fax of
Pleat cents a sheet on ne0vspaliel•s,
with nn additional tax of eighty-
five rents on every advertisement
aiitienrinet, no matter how smail.
The wwindow fn'(, in -incised amine
the reign of �C'illfam TTI. was really+
e tax on th" liwht• of day, formany
tl",ntanais of the poorer neonlc. "r -to
*10- to Tiny the t,x- -ere eee•nellerl f:
marl .,f )1•n .ni'n.,)"n'S of el
h"'•nn^ IV. i, rrtsolting di -germ"' m
fort and 111 health 11
{' She told him, and he found t :
Shalford 1104 said to her very mire
what Ito had said to hies.
"Don't let it. worry you," he
eomfoa•tingly, "Don't yeti wear
dears Neaer mind what he sa,
His was upset last night, Ile wi
probably be much more seacnoii
to his loss this morning, I'oo
chap 1" He .bent down and kiss
leer. "I can't bear to $bink how
terrible ib would have been if you
had . refused me instead of him.
That's what melees one able to un.
derstand hien, darling;;'
But �i4 night's reflection isad ap-
parently merle no difference to Shal-
1ord':s attitude, At breakfast lie
spoke never a word to a soul, and,
watching him furtively at the office,
Compton .saw that his eyes were
often fixed' meaningly upon Rini.
When be eatne.'in from lunch !le
walked to Compton'a desk.
See 1" he said, exhibiting a ne
revels -or."'
That s for o miner
genoies." And he passed on to his
own desk without another word.
Compton, ,sane young Englishman
though he was, left genuinely al-
armed. The fool did mean it,then,
He was mad. of course, Diad on that
one point,—jealous mad. , That ex-
plained the peculiar expression in
his' eyes, and that nsade.the case so
difficult to deal with: Re was quite
sane on all other points, and no
doctor could certify hiin as mad, and
doctor could certify 'Min: as Diad
for Shalford. voald, sae ':t ygtigll t10
intention at once, and be cunnirt
enough to frustrate it by denying
that he ever meant to do it. It
would also be foolish to send him
to prison for threatenng to shoot,
for lie was just the kind of chap to
brood secretly over the matter while
lie was there, and come out more
determined bkan ever.
The whole thing was ridiculous.
It was absurd that he and Margaret
should be terrorised like this. But -
what could he do? There was no
doubt that Shalford meant what he
had threatened, and though it would
be easy enough to give' him in
charge, that would not dispose of
the difficulty about the future.
Compton began to feel very un-
happy. The dog in the manger look-
ed like coming between him and his
love, for though he was ready en-
ough to take the risk himself, he did
not feel, as a lover, that he could
expose Margaret to the risk of be-
ing shot by a madman, He had
read enough to know 'that ten years,
twenty years, : hence.. this "fixed
idea" would still rule the man's
life, unless he could somehow knock
it out of tris head, once and for all,
before it got too strong a hold upon
him.
Oa. than I shall whip off. your gag and
b your bonds, and pretend that ',was
, the arab to roach your room, and
attiel be most horribly distressed at such
y, ; a ,ghastly, determined way of cont -
d. nutting suicide, I ,shall explain to
ll thein .all; "Ile couldn't make up
ed his mind to "pull'” the trigger, so
1 hit Upon this way—kicked it off in.
ed his sleep,' I expect it • will maker
rather a stir, Shelters". Thorel.
Everything asready now, I think,"
- Shalford's- condition was pitiable,.
for his eyes were almost bulging out
of his head, and great beads of per-
spiration stood upon his forehead,
"Here goes!" said. Compton, tak-
ing hold of his log. "Osie, two,
three—now 1" And he gave the leg
a quick, strong jerk.
"Bing!" went the revolver, and
Compton whipped off the bonds and
the gag, just as he heard foot -steps
in the passage,
w "It's all right," he said, opening
:the
dof
o
and peeping 1
p ep ng of t, "Go back
to bed. 1 was playing with Simi -
ford's revolver; but nobody is hurt.
You can't come in because Sitnl-
ford's at bed."
Then he returned to his victim,
and gazed at him with obvious
anxiety; but just as he was -begin-
ning to be really alarmed, an'd ftp
think he had gone too far, the matt,
came to. ,
I'm sorry, ' said . Compton, "I
was an ass. I loaded the thing.with
a blank cartridge by mistake. Now
e.„ gou'll,haue:to. go.tbrougb..tiio'iirhlle;
; business again,"
II.
Very quietly Harold Compton
stole into Shalford's bed -room, and
found him sleeping soundly and the
room in darkness. Shutting the
door behind him; he noisely struck -a
match and lit the gas.
Shalford started up.
"Here !" he cried, "What's
this?"
• "Keep still! Lie down again !"
said Compton, pointing a revolver
at his head.
Shalford turned pale.
"Wh-what are you going to do 1"
he gasped.
"Wait and see. Where is that re-
volver you bought to shoot me with 7
Quick ! If you don't tell me at
three, I fire 1 One two—"
SbaIfoa-d pointed to the chest of
drawers, and Compton strode across
the room and took -possession of the.
weapon.
"Sarno cartridges as mine," he
remarked, loading it; and then ad-
ded :
"I warn you, I am desperate. If
you call out, it is a hundred to one
that nobody will hear; but if you do
call out, I fire!"
"Wh-what are you going to do?"
faltered Shalford.
"I'm going to arrange a very
neat and picturesque suicide for
you," replied Compton. •
He pulled some stout cord out of
his pocket as he spoke.
"You see," he went on, "you
have come between me and my hap-
piness. I acknowledge that you
have me cornered, so I propose to
take the only possible way out—to
get rid of yea, and arrange things
in such a manner that people will
think you committed suicide because
of your disappointment in love,"
"Compton! Look here—"
"Don't say you'll give her np, be-
cause 1 she'n't believe you. I shall
regard it as only a trick to get out
of this present exceedingly tight
plane y011 are in, Keep still 1 Keep
very still. Shalford!" As he was.
speaking he proceeded to hind the
man's hands and arms, and to lash
them to the bedpost above his
head. "You ice," he went nn,
"vou are desperate. and so ala I. a
Therefore one of us has nit to vers'/
Making a gag, he staffed it in his
victims month. and then proceed-,
ed !o lash Shalferd's own i•elalter
to the tap of the bedpost at the feet o
b? the bed, with themlazle pointed
downwards direetly at him whore he
lav,
Smiling, he prooended to tie .a
pica: of rnrcl round $halford's toe,
and attaelied the other end to the
triseeer of the revolver..
"Flee the Mee 1"
r he irked pleas-
antly. "I shall give yourleg e
jerk, bang will go the revolver, and
Shalford, verging on absolute
collapse, feebly moved his arms in
protest.
"Mercy, mercy !" he gasped, as
Compton made as if to place the
'gag over his mouth again. "I'll
swear never to interfere withyou'
again. I take back my threat.
I—I wouldn't marry tar far worlds!
For Heaven's salve don't be such ai
fiend!"
"Very well!" said Ccmpton star
ly. "I've messed things a bit, and
people may in consequence beco
suspicious, so I'll give you one ilio
chance. Swear ! Give me you
solemn oath, and if you break it
shall have no mercy upon you."
Tremblingly Shalford called upo
Heaven to witness that he woul
never interfere with the lovers, o
try to harm either of them in an
way whatever.
Then Comptonwentback to bed
satisfied that; he lead frightened a
idea of placing dog in the mange
out of Shalford s bead onceand;fo
all, satisfied that his dear•Margar
could now safely marry him withou
fear of molestation by a madman.
For half an hour• he lay awake
thinking how afraid he himself had
been that he had done his work too)
well. and frightened the man to
death, and then he fell asleep,}
dreaming of Margaret.— London
Answers.
n -
me of us have bottled upin us a certain
re amount of talk that must comp out
r before we die, unless of course we
u should die young or be killed by ao-
cident before our time, or some-
thing of that sort.
di "We hear often of the garrulity
of age, all old men seem disposed
• to talk. It is a common thing to
find men who through all their pre-
vious lives have been.. noted freely
A'1 when they get old; age: seems to
•• weaken the walls of thou talk tank
r` and let the words flow, or else their,
of , alloted stock of talk,, knowing; that'
bits.got to get out now if it's 0101.'
going to, bubbles otit of its own ac-
cord.
"And do we not find plenty of
men of various ages who are com-
monly close mouthed but who boil
over on occasion? Even the shy-
est, most timid of men whom •you
couldn't get. a word out in company
or in any strange surroundings may
talk their ,heads off and,sive you no
chance at all if you get them 'start-
ed and the circumstances are favor-
ing. More than once I have known.
onebility, reputed as a.silentman to•turn
out on occasion of phenomenal volu-
,
"Haven't we all of us known or
met just such men as that? And is.
not the garrulity of age traditional?
My theory is that we all of us, in-
cluding those commonly most retic-
ent or most shy, have stored up in
us a certain amount, our share, of
talk, and I think it is sure to come
out some time before we die.'"
tlIFA NEST'?WOilt:lll, ON LAM*.
vii WHITEST,LIbtinx
NEW STYI E LAsgt
NEVER ANY FAILURE
OR'DISAPPOiNTMENT
Y . WHEN
MAGIC
BAKING
POWDER
I:S.USED.
.
CONTAINS NOAWM..
COST$ NQ MORE
THAN THE'
w(R lA1AltY'1C1N'DS.
MADE IN CANADA
TALK RESERVES.
Mr. Whiilleby Thinks That We Are
Really All Equally Endowed.
"I have sometimes ...wondered.,"
said Mr.Whiffieby, "if we don't all
BOG0BO BELLES' FINEBY.
Costume and. Trinkets Worn by Wo-
men of a Philippine Island.
Among the many odd peoples of
the Philippines are the Bogobs,
who inhabit the eastern foothills of
Mount Apo on the island of Mindan-
ao, says the Manilla Times, They are
physically well formed, which is
accounted for by the fact that de-
formed children are not permitted
to live. The women have rather at-
tractive features and including their
elaborately adoined costumes,. are
'perhaps the,most picthresque na-,
fives in the Philippines. - '
The ornamentation of bead work
exceeds that of any other 'wild-
tribe and involves the Iabor of many
months and even years in eomplet
ing one full costuine Thee 'gar
ments consists of a short coat witl
tight 'sleeves and a skirt made like
a large sack open at both ends,
which is folded about the waist. The
cloth is woven on native looms ens
1
made of hemp fibre and will last a
lifetime. One suit is valued as high
as 160 pesos.
The women Also wear heavy brass
rings as bracelets and anklets. Tho
lobes of their ears are distorted by
the insertion of large disks of wood,
bamboo, brass or ivory. Often a
heavy necklace of beadwork is sus-
pended from the ears, coveringtho
bosons like a piece of bead embroicl
-
Western Carpenter' Claims to Rave
Located 'Her.
There have been, from time to
- time, many well -directed efforts eo
discovered the "meanest man on
1 earth," but, so far, no one has pull-
ed down the reward offered for the
find. A carpenter in a western
town, however, boldly claims that
he has located the meanest woman
living.
"She's awful 1" he says, in dis-
cussing the matter. "1 tell you just
how mean and sharp-tongued she
is : I had done several piecesof
work for her, and finally she gave
me the job of adding another story
to her house. She was so meah,
and had worried me so much, that
I built all of that additional story,
roofed it, and plastered it before I
cut the stairway leading down to
Cry. `
A bag something like a knapsack
with shouldefv straps called a
"cabil" is worn by the men and wo-
men. These bags are indispensable
and seem to be part of their wear-
ing apparel and are used to contain
,etel nut boxes and other belong-
ttgs,
They are made of the hest hemp
cloth and are elaborate affairs of
beautiful bead work and fringed
with clusters of tiny bells. The
eahhards and belts for their bolos
are also decorated with bowl work
andsmall bells, In feetbells play
a prominent part iii their• ornam-
entation, and the merry tinkling is
ether pretty. Tooth -;)rushes made
1 horse hair four' inches long are
worn as a pendant en the (,hest,
Chari n
Charity o ver:th a multitude' of
people with cast-off garments,
If a word to the wise is :sufficient
the avera1'e tnarried wntltnn
consider her hatband foolla!t f i•
ANAltYZING 0/31114.11S,,
Freud (15118 Them f)isguiseh. Fuld;-
silents of Repressed' Wishes,
1�reud's insight into the mystery
of dreams carne as It logical resort
of his novel' mode of attacking them,
Ile did not seek, like his predeees-
•sors, to toad a meaning .directly
from that confused and oftentimes
irrational mass of impressions that
the dreamer retains upon waking.
Rather he strove to lay bare and to
deeiplier the sources of the dream.,
says The Forum,
As a practising physician he was
impelled by a motive stronger than
any abstract love of science, the
very practical and urgent need of
bringing relief to patients suffering
from mental diseases, He devised
a very ingenious method, but it ise
unlikely that lie ` would have ewe
ceodod had ho not been fortunate
in encountering g samara -
able
-nc e o e n dreams of .
l k
able signlficane.
Basing his judgment upon a great
many such revelations he has be.,
come convinced that eveyy dream is
a wish; the typical dream is the dis-
guised fulfilment of some. repressed
wish. It the reader doubts the pro
sense, of- repreSsh 1;.reministenees in
his owe mind he:;elf'ould subinit a
few of Ilia (tan dreams to the •test,
He may verify for himself: many' of
:Freud's assertions if he•wili keep a
dream dairy and will' adopt 'the
habit of piekrng the skeletons 'of
lrik cliAniniswiihurediitte1'y iIpaa-.`wdk- : :
ing in the morning.
The wealth of his own dream life
will probably astonish him at first;
then be will come to know himself
as the proprietor ,of a busy theatre
—owner, spectator and critic in one.
The dreams he witnesses may seem
like nothing that ever happened on
land or ,sea, yet by psycho -analysis
he will be able to resolve them into
a mosaic of details, all borrowed
from . his -past :experiences, though
assembled seemingly by the four
winds of heaven.
He will find that no dream actor
is ever a. new creation; all are
fabrications made up of old stage
properties from out the mental
storehouse of the dreamer. A face
may be that of an acquaintance; or
it may he `a combination of separate
features of different real persons,
so that there lurk under one dis-
guise several real characters, or
again, -it may be composed like the
photographs produced by taking` the
portt,4its ,Of several persons, .one '.
over another, "'oil ` the sauce photo-
graphic plate.
Add -to this that one, actor maybe
replaeed by another in the twinkl-
ing of an eye, the second continu-
ing the action begun by the first.
Then too the scraps of dream con-
versations may be identified, fre-
quently word for word, although in
the dream they may be' spoken by a
character that dkl not originally tit-
ter•.them, and although their mean-
ing may be strangely twisted by the
context of the dream to siguify
'something wholly different from
thot.which-:they meant in waking
life.
ANIILLLS ,KNOW COLORS.
The ;!act Discovered by Recent
Experiinenle.
Dr. W. T. Shepherd, a noted
psychologist, during some experi-
ments has discovered that an animal
readily recognizes color. Through
a process of lancing 'quinine in
bfeatl'dyed 'ascertain color it was
learned that a monkey'wouid avoid
it lis its color alone. These eiperi- •
in'ents covered the greater part of
one year, and they proved beyond a
reasonable doubt that monkeys do.
possess the lower mental powers
that humans possess; hilt that such
powers differ from those in man
and are generally, but not always,
inferior to similar powers in man,
For instance, they' possess percep-
tion, sometimes. inferior and some.
times superior to that of man, The
sense of smell or scent is more high
ly developed in monkeys than in
ratan, while (Be sense of touch is in-
ferior. All of the experiments
prove that monkeys have but a faint
trace at the higher powers—that of
reasoning, etc., which man possess -
eel. They show, also that monkeys
knotwthe difference between colors,
and that they have a practicable
the rest of the 1101(50. I arranged '
everything so that 1 could escape
as soon as 1 had built the stair-
way. In this manner she had no
chance to talk to me." .
MR. GRAY1'O'i'.
Ills Fancies Disturbed by the Com-
ment. of an Unprejudiced a judic'ed Observer.
"I try to keep young," said Mr.
Graytop, "and I keep right on"
fancying that I tools so; but every
. now and' then something happens
that jars
"Only this storming ass y was
walling along the street to sweat lit-
tle child ran up to me and said
'A.re you grandpa 1'
"This, you see, was the comment
of a quite unprejudiced observer;
and it is things like this tilat jai' --
that more than -jets—that jolt ale,"
Onr'n there was a woman who
i! +•,•a,1
her fret tv151'e too small---
,had 1 , loop her in a padded
: Ise exJ,iected to, turn out.
deed, e411
nemoly suitable for that purpose..
Rut it is not known whether this is
the same kind of melnnry that manpossesses. Of tbe higher powers it
seems from these experiments that
110111cey's possess only Ute rudim-
ents. They have something which
corresponds in function to that of.
ideas of a lower order, which seem
to • answer all practical purposes;
brut 110 evidence was found of gen-
'era' notions or conceptions ui o,.
true kind. Monkeys have a low
form of reason, which is apparently
lacking in cats motdogs, but 11 is
claimed it has not been proved that
they possess reason in the higher
and true sense. These eonelusions
agree pretty' well with the results of
similar experiments of other scient-
ists along the sarin line,
____ -,
!There ,ai•e times wlien' it fs l•cl-
t(r to be imposed upon than it is
to fight.
'. A ,self-made man' $$earl : elivttvd
lwolis like the kind of rob Ire'tnigitt