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HomeMy WebLinkAboutThe Brussels Post, 1912-6-20, Page 61VEAKINEi SAFE IYESThETS Oauadians Not 'Yet a Nation of Investors, But Opportunity for Purchasing Bonds of Small Denominations Will Bring About the Habit. Purchasing Securities on the Instalment Plan The articlescontributed be "Investor' are for the sole purpose of guiding prow peotire investors, and, If possible, of ear.lag than from losing Money through Plnoing It In "wild -cat- enterprises,The impartial and reliable character :eruotoe of the writer of sema be veiled he upon. The 81 thi of Cheep articles and the 10 serve of this paper have no interests to serve in connection with this matter other than those of tba reader. Tho French are generally known as a nation of severe. They are, however, vmore re. an erg' Prenok rman nand woman have an inherent ambition to lay by a small amount from eaob year's earnings to keep them in their old age, and most of them do so. For investment they Mur. chase the 'Y•entes"--which is the Govern- ment bond of the icrenoh nation, and which may be had in small denominations. 'However,, it skn't about Cho French that I want to al Canadians have in some measure fel. lowed the lead of the French. The ainwet of very lri h—about 195 fosrtea h inr h biihnt, or taking an average of four to the fain. tly, about $380 for inch family. On this sum, however, the income it not grad, — $10.40 a year. A Chinaman, it is said, eau subsist on about $10 a year --in China —but no white person would cure to try, 'However, this sum only represents a part of the saviugs of Canadians. Many of those who build up a reserve ngelrst a rainy day invest the money in secaria00, and some, unfortunately, in mining stocks. The amount of the former, if they could be compiled, would certainly more than double the per capita amount of savings. However, the point is that Canadians as yet are not an investing nation. The number of Canadians who hold Poulin. ton of Canada bonds aro so few that one might almost say they could be counted on one's fingers. Very few Canadians own any of our Provincial bonds, and scarcely fifteen per cent. of our muniei. pal debentures were placed here during 1911. When It comes to other classes of bonds there is a different story, for the greater part of 1911's output of Canadian Industrial bonds went into the hands of Canadian investors. This allows a distinct distaste on the part of Canadians fqr conservatism. In- dustrial bonds, as a class, are by no means the highest type of investment, el. though there are several issues on the market that one can purchase without misgiving. However, this 8110w0 some, thing more. Practloally no bonds but in. dustrials are, as yet, issued in denomina• Mons less than $000, r 0a e n Y a 9 Yet be a use there to an unmistakable tendency on the part of all corporations to issue "baby bonds," as they are often caned. TM, fact that one may invest so small a sum as 8100 in a bond which is certainly, in the majority of eaeee, is far safer than even most investment stocks has induced many careful people of small moans to invest in the more stable security, This, no doubt, accounts in no small measure for the popularity of industrial bends, though, of 008200, the higher rate that they bear is 8 contributing factoi of un• questionable lmpor;ance. The inexperienced investor, however, is Moue to overlook the fact that even where bonds are issued in denominations greater than be can afford at the mo• meat ho may still purchase them. A number of Canadian investment houses are prepared to sell bonds on the install- ment plan so that one maybuy a sound $000 or $1,000 municipal debenture, pay down one or two hundred dollars and Par up the rest when convenient. Of course, the house charges interest on the unpaid balance, but at the Dame time this is offset by the interest which the bond itself bears. Many investors like to par• chase bonds in this way, as it gives them an incentive for saving, as they are nu. turally eager to pay off the balance due and rereive their security. By laying pp a reserve of this sort and as a result of the forced saving, invest• ing becomes a habit. Undonbtediy, not only .saying, but investing, be0Ome0 soe• and nature to most people who have gone in for It seriously,. and like all habits, it is hard to break, Unlike most other ha- bits. however, it fs ono which no thought- ful person would disoourugo, The French have the investment habit and it is time for Canadians generally to acquire it. A little practice is all that Is required for a largo number of people who make no attempt at saving, for, n0• ti] one makes a determined effort, it is 501 190, to say that one's income is too small to admit of putting any of it by. When Canadians acquire this habit—and our savings bank deposits show that no small proportion have it in an encouraging measure—our prosperity will no longer depend. as it does now, on the willingness of the British investors to take our se- curities, ODD QLUIRIiS OF FOREIGN LMV Damages Recovered by a Cook Who ]Ind Told Truth About Her. It is said that a Prenehman, re plying to an inquiry made of him as to the character and qualifies tions of a woman applying for ere- ployment as cook, got into serious trouble when he wrote that he could not recommend the applicant "by reason of her extravagance, imper- tinence and predilection to drink" while she was in his service. The person to whom the Frenchman wrote the letter showed the com- munication to the Book, with the re - suit that the latter immediately brought suit for damages against the writer, This case thawed a peculiar fea- ture t,f the French law on this sub- ject. The matter was decided against the writer, who was fined and admonished 141 he had no right to circulate injurious state- ments concerning another person, even though the statements might be true. Since that time, it is said, French housekeepers, tc evade the responsibility thus placed upon them by law, have issued certifi- cates of character in form some- thing Iike the following: "This certifies that• Mnis, Marie, late nurse to my daughter, aged one year, did not leave her on a bench in the. Jardin dos Plantes and go away and forget her on October Met." It is obvious that•a certificate of this sort serves its purpose without in any way laying the writer open to a suit for damages. Another curious illilatrstion of the principle 0f relpon.sibility abroad is afforded by a civil dam- age suit growing out of the break- ing of 11 elate glass window in a German town, A witness lied tes- tified as follows: "As I was passing down the street in front of the window I saw a big stone come whirling through the air and I had just time enough to dodge mysclf from being hit by it." The witness was sharply ques- tioned upon the point whether the stone- that broke the window would have struck him had he not dodged it. He was then dismissed. Eventually the decision of the mag- istrate was this: "Inasmuch as if the witness had not unfortunately ducked lis head the glass would not have been struck by the stone ho is hereby ad- t judged responsible for the breaking of the window anti is ordered to pay to the owner the value of the same•" The Paris concierge has always 'been a privileged person, but he has acquired new impol'tanee within re- cent e- a cent:years by reason of a 'court de- eisioi1 handed down there.. A con- eierge had permitted himself the lib°nLy of opening the letters of a young lady, one of the tenants of the house. Discovering Mlle fact the young woman brought enit against the concierge. The ease was tried and was decided against the ,young wo- Manl it being hold' that the respon- sibility of the State ended with the delivery of the mail to «eine, person t who was authorized :to revive it said that the concierge was such a a person. Eut•the court censured the n concierge for being "guilty of en; n ,d. indelicacy.'' - t There was no redress for the own- er of the letters beyond this, and to complete the whole the concierge next brought suit in his turn against the young woman. This, however, was too mush for any court. The case was dismissed - without a hearing. TOLL OF THE ICEBERGS. The list of vessels battered or sunk by icebergs is a long one, and it is well to recall at a time when all the world is thinking of the Ti- tanic. Thus to• take an example or so at haphazard, in the spring of 1898 four steamers of the England - America route utterly vanished, and in 1899 ten steamers disappear- ed. In 1908 the Mongolian was im- prisoned for two days an the ice, but escaped ; in 1909 the Lake Cham- plain, the Regulus, the Bonavista, and the Montrose were so battered by the floating ice that eaoh escaped calamity by a very narrow margin, while none can tell :how many fish- ing smacks are yearly dashed to pieces by these towering, glassy crags. se WELL POSTED. A. California Doctor With 40 Year's' Experience. "In my 40 years' experience as a teacher and practitioner along hy- gienic lines," says a Los Angeles physician, "I have never found a food to eompare with Grape -Nuts for the benefit of the general health of all classes of people. "I have recommended Grape -Nuts for a number of years to patients with the greatest success and every year's experience makes me more enthusiastic regarding its use. "I make it a rule to always re- commend Grape -Nuts, and Postum in place of coffee, when giving my patients instructions as to diet, for I know both Grape -Nuts and Poe. turncan be digested by anyone. "As for myself, when engaged in much mental work my diet twice a day consists of Grape -Nuts and rich cream. I find it just the thing to build up gray matter and keep the brain in good working order. "In addition to its wonderful ef- fects as a brain and nerve food Grape -Nuts always keeps the di- gestive organs in perfect, healthy tone. I carry it with me when I ravel, otherwise I am almost cer- tain to have trouble with my sto- mach." Name given by mail by Canadian Post=Co., Windsor, Ont. Strong endorsements like thehove from physicians all over the country have stamped Grape -Nuts he most scientific food in the world. 'There's a reason." Look its pkgs. for the famous lit- ho book, "The Road to Wellvillo," t(or redo the above fetter? A new one 'appears from *IMO to time. Tho? arb toluene, true, anti full of human interest. Levying money by granting licen- see was a custom first introduced in- t, England by Richard I. in 1190. Sorrow is the night of the mind, nd ',hat would day be without its ipht? The day reveals the sun n1v, but the night brings to light he whole of the starry 0n9ivorao, AUSTRALIAN Il OISPERSERS It MOUNTED POLICE OF TICE EARLY DAYS, Row the. Queensland Government Punished the Native Law- breakers. "While they were in power," says a matt one time in the cattle busi- ness in Australia "the black track- , erFblice of h n eensland Mer beYo nd doubt the most expert and efficient suppressors of offenders against the peace and safety of the public that ever had the sanction of (Severn- ment authority. They were not only police, they were likewise judge, jury and executioner. "That unique system of policing in Queensland was put in. operation in 1875. "Queensland is the largest division of Anetralia, and tc this day immense tracts of it, particu- larly in the northern portion, are dense streteites of wilderness al - meet untrtdden save by the native bushmen, the original people, many of them still in the state of savage- ry and determined opposition to the, ways of civilization that marked then when the first whites sought that region to colonize and make available to the world its greatest resources, 'When I wont to Queens- land thirty-five years -ago they were a constant menace to the settlers and particularly a source of danger to the stock raisers and miners. "No effort had yet been made to civilize the bushmen tribes. They still ohtmg to their primitive wea- pons, the spear and the boomerang. Small in stature, of a low degree of mentality, they were, aggressive in their protests against the settlers and cunning in the planning of their attacks. At odd and unex- pected times they would come - SWOOPING OUT OF THE BUSH, raid the ranches, murder the herd- ers and escape with the stolon cat- tle and horses to the fastnesses of their wilderness haunts, into the unknown intricacies of which no white pursuers could successfully follow them. They waged war also on the Chinamen who worked in the, gold mines of that isolated re- gion, end as they invariably carried their dead victims away with them, the horrible conviction possessed the white sottleis that the bushman were addicted to cannibalism. "These depredations had become, more frequent and more murderous in their character under the sys-. tematic leadership of convicts trans- ported for brutal crimes committed at home and who •had escaped to the unexplored tracts of the bush, where, joining the natives, they be- came still more savage and creel than thus°, uncivilized people them- selves. To deal effectively with this danger, which was halting the ad- rvance of settlement and striking a disastrous. blow at the industries that were making for the develop- ment of the regicn, the Queensland Government resolved to try the exex- poem/wet of a mounted police force ormed from certain tribes of na- tives that had accepted the over- tures of the settlers and lived in peace with them, if not in entire accord with thbir ideas of existence and duty. These natives were of a district distant from the northern wilderness and bad no ties of assc- ciatiou with the beslime:1 of the latter. THE NATIVE POLICE. "It was no easy tasir to organize a force of police. from such material. The natives had to be taught to ride horseback and to 'handle the pistol and rifle. They were afraid of both horses and firearms, but when these fears were overcome those half savages became enthusiastic and ex- pert horsemen and marksmen. And the duty they were to perform was congenial to their aboriginal na- ture, That duty (vas their business to hunt down the wild murderers and horse and cattle thieves and to `disperse' all suspicious parties and gatherings. They were called 'Ms - parsers,' and when their effective- ness had become' undoubted they got the significant name of 'Black Trackers.' They were, no -b required to bring in prisoners. Whenever their services were required a force was drafted fan the entire depart- ment. Some particularly sagacious one among them was appointed leader of that active force, which was scarcely necessary, for the or- ders were really individual carte blanche. "When a force of these armed and mounted savage policemen started in pursuit of alleged criminals the trail was followed mercilessly, and not a native mans, woman or child found in the vicinity where the crime he'd been committed, nor for as far as the Black Trackers follow- ed in the bush, oseeped. They were killed one and all. "These wild troopers became use- ful in hunting up whites who were so frequently lost in the groat wit, derness that scores had perished annually, wandering aimlessly about in the trackless waste, tend in capturing Escaped convicts who had SOtrGHT THE WILDS. Even on these errands they exer- cised their prerogative of killing every wild back tey mot. Nor slid they coniine this duty to the ohattce meeting of such, but did not hesi- tate to go out of theft way and lie for drays in amhtrsh at water holes that wore scattered about in the wilderness, and where bushmenr camp to refresh themselves rn their wanderings; then corralling the un- suspecting savages the vigilant black trackers shot them down to the last one. "So complete was the approval of the eattlemen and gold miners of this `dispersing' system of police protection that it was a common sight to see skulls of `dispersed' bushmen adorning door posts, gate posts and oven interiors of houses of the wealthiest among them, But fertile great body of settlors the idea of the Goveenment supporting so inhuman a department at last be- come unbearable, vagie and , horrified fled b Y ti • 1e, butcheries bythe tar calico in the I L, o name of law and order, they far - warded many petitions praying for the interference of the home Gov- ernment in the black tracker police for the purpose of having it abol ishod. The home Governmenj; final- ly took cognizance of the appeals, and that system of dispersing the wild evildoers in Queensland was ahendoned." YIN CENT ASTOII, Of New York, who, when he be- comes of age next November will be the master of en estate of pos- sibly ,$100,000,000. tee— I;CTER IIINA.TION OF TUTS AND ALICE. If it were generally known .that there is lie teotthle to rid a house, barn or any building of rats and Hike by the use of Gillett's Lye, 11 is doubtful if the article could be made as fast as it would be used for this purpose alone. Tho pro- cess connected with using it is very simple, the plan being to sprinkle a little of the article in and around the holes made by those pests in floors, partitions, etc. In addition .to this it is we1I to use a thin piece of board about e foot square, or even smaller, and snake a complete circle of the lye on the board about a quarter of an inch deep, and inside of the cirele place some meat or cheese. In endeav- oring to get at the bait the feet of the rats and mice will be bulked, and the whole colony, whether large or small, will immediately disappear from the premises. The plan is worth trying, but the good kind—Gillett's Lye—should be procured. Refuse the many cheap imitations and substitutes. A MONSTER PIPE. Pipes are of all shapes bnd sizes, and you may buy seine in Germany which hold as much as a pound of tobacco. "Some large and fine specimens of meerselraum," in Mr. Andrew Steinmetz, 1n his "Smoker's Guide," "are carved so elaborately into pipobowls nus to command two or three hundred guineas each. But all these giants of emokedom `pale their ineffectual fires' before the monster pipe of the South American Indians, the pipe of the tribe of Oyatopoks. Ik remains burning night and • day, filled with a species of herb, which they use instead of tobacco. This huge pipe -is surrounded at one time with a hundred to At hundred and fifty aspirants, who fix their Ion; tubes of reed into the nunr0roua holes with which its sides aro bored." A man who is not able 10 make a bow to his own conscience every morning is hardly in a condition to respectfully salute the world at any other time of the day, Fair Girl—"My father made his fortune when he was a ,young man. Would you like to know how he did it7" Gallant Youth—"Not perti- oularly l but I would like to know if he still has it." "Young man, how do you expect to marry my daughter if you aro in debt2 "Why, sir, hi my spin- ion, it's the only square thing to do. Tho longer I am rsnaged to Ler the worse off I will be." ��w yam. i iii 1.. /rte;:';.'• RAISER'S AFRICAN FARM. Other Ventures in Which life Financially Interested. Tho German Emperor has ju bought two sheep farms in term South-west Africa for £4,enn the Berlin correspondent ,f London Standard. The export wool is at present small, had it believed that in the course of ti this will become a valuable sour of income to the colonists, and Kaiser desires to encourage t)1 branch of colonial activity. In choosing the farms his Males acted on the advice of Herr Heck° a gentleman at-tulle-Lito the imp ial court, who is visiting his br ther's ranch near Windhoek. In acquiring two farms -in Sou Africa the German Emperor finding a• further outlet for th business qualities which, had h been born to commerce instead to a throne, would have assured won for the ICaiser a high positio't among merchant princes, bt m. not be generally known that h Majesty 1s already the owner of porcelain and tile factory at Cecil nen, in east Prussia. This commercial venture has proved very successful owing to lila Kaiser's active participation in the management. No detail has -proved too insignificant for him to master, and the Emperor is not above re- commending personally his 0711 wares and finding new markets for the Cadinen products. These wares are on sale at a shop in Berlin called "The Royal lTohen- zolle 01 Stores," and at one time it was his Hajesty'g custom to pay vis- its of inspection to houses and buillings where. the Cadinen tiles had been used. The Emperor is a keen agricultur- ist and all the latest practical de- velopments ' of this important science find illustrations on. the farms which form an important part of the royal estates in Silesia. His Mejeaty is also financially interest- ed in the Hamburg -American Line and almost invariably attends the launches of new liners from the Vul- jfati yards. Ono of these, the Im- pea•ater, is to tale water this month, and the German Emperor' has again signified his intention of being present, RACING AN AVALANC1TE. Terrible Experience in the San Juan Mountains. is St an •a:� kite Cif me ce the is ty 1, or- O- th is tho 0 of ly n down the slope, and went. In less than half a minute a tremendous snow avalanche, one hundred or perhaps two hundred feet deep and five or six hundred feet long, thinedared over the spot where I had stood. There was no chance to dodge, no time to climb out of the way. My only chance of escape lay in out- running the slide, As I shat across the lower point of the ridge, about to plunge blindly into the gorge, I thought of the pos- sibility of becoming entangled it the hedgolike thickets of dwarfed gnarled timber -line trees. I alai- realized lar realized that I might dash against a cliff or plunge into a deep canon. OE coarse I might strike an openway, but it wags certain that I could not stop, or see the beginning of the gorge, or tell what I should strike when I went over the edge. As I shot tlu•ougla the air, I hada glimpse down into the pointed ,a snow -laden tops of ' few tall fie trees that were firmly rooted amotif is the rocks at the bottom of thr a gorge. Luckily, I cleared th( - gorge, and lauded in a place, when file snow was unbroken. The heavy .elide thundered ate; me with undiminished speed, and came crashing into the dead tree; so close behind fee that broke) limbs went flying past mo as I shot down off a steep moraine. That living alone in the high mountains in winter is not necessar- ily monotonous, this experience, described by Mr. E. A. Milds in "The Spell 6f the Rockies," suffi- ciently proves. Going into the San Juan Mountains during the first Week in March to learn something of the laws that govern snowslides, he climbed on skean well to the top of the range. Thousands of tons of snow that covered the precipi- tons peaks were ready to plunge down and sweep the very spot on which ho .stood. Almost before he realized his danger, the snow on the upper steeps suddenly flew up as if front an explosion. t1. general slide had started. • I whirled, pointed my skoes At the bottom of the moraine 1 was forced between two trees, flute - off my balance, and my left ske, smashed against it tree. Two feel of the heel wore broken off and ting remainder split. The slide did not slow down, I could hear the rock/ and splintered timbers in its mils:- grinding ss:grinding together and thudcline against the. obstructions over whiel• it swept. I throw away nay ate and "ta go." I Amply flashed down the slope, rounded a cliff. turned awkwardly ' into Aspen Gulch, and tumbled heels over head? into safety, Then I picked myself up, to see the elide go roaring by within twenty feet of me. Drive thy business; let not thy business drive thee. Monthly Review of `:mad Market In addition to a general review of the Securities Market our monthly pub- lication, issued on the I51h, contains reports from Toronto, Montreal, and London, Eng., and a special article on some prominent Canadian industry. Every investor should have a copy of this monthly review. It will he moiled free on request. DOMINION BOND COMPANY, Limited TORONTO MONTREAL OTTAWA LONDON, ENC. Secure & Profitable Bonds Paying 6/. q Price Bros. & Company have been in business e 1 y b sines in Quebec over too years. It is the largest industry in Quebec Province. Their holdings of pulp and timber lands are 6,000 miles in extent, and have been valued by experts at over $13,000,000. The net earnings in igro were $ 8,000,000. The new pulp rnill now under construction will double these earnings. Timber limits are insured with Lloyds 0( England against fire; g Price Bros. & Company First Mortgage Bonds pay 6 per cent, interest on their present price. They will assuredly appreciate in value. Considering interest return, security, and future increase in value, they are an unusually attractive investment, On application we will send you literature fully describing these bonds, SAL SECURITIES CORPORA'TiON LIMITE.o BANK OF MONTREAL MIMING YONGE AND UEEN STREETS R. M. WHITE - TORQONTa MMeger MONTREAL•en$e EC -FII, I.IFAX•07rAWA IKAIMN .enamtamter YOU'LL never taste any slicer or more wholesome food lhart "KING OSCAR" brand Sardines. TRY Ahem for a change in the het Moa tbor, For t ne,twiches oto sai s4s 'they arc delicious, appetizing, satisfying, sash a in Norway et tree werld'abmggostane cloanost 1641crr its soldertoas, sat1itary, gold• lacenered packages, Oroth yourgr000reet "NINO OSCAN" brendeardlnes Trail) evened le /fee iv, ,b Greenlee, riainilte Canada,Ry'+pdatalRayed Seentssioa, esocemeareetreirdt'h:•y'redi.6vity,nto3:6rtete=tenve=sistestesereetisteent LONDON IsNO.) $ISIIING FO11 CROCODILES. Bow the Dyrllis of Borneo nook the Great Reptiles. tinder ordinary circumstances, the Dyaks of Bcrneo as111 nothing mare of the orocediles that infest their rivers than .to be left alone. Nobody thinks of catching or .dia- turbine any of the creatures until one of them has begun to display a ta=ti for human flesh, Then the professional crocodile -catcher is called in, and crocodiles are caught and killed until the discovery of son of the brass arm ornaments, whi eb every Dthe vtr Y vat wears,in stomach of one of the victims shows that the man-eater has at last been caught. E. H, Gomes in the National Geographic Magazine describes the curious way of hook - mg the great reptiles. A piece of hard wood ten inches long and an inch or so in diameter is sharpened to a point at' both ends.A length of plaited barn_bark some eight Poet Iong is tied to a shallow notch in the middle of this piece of wood, and a single rattan forty of fi`ty feet long is tied to the end of the bark rope, forming a long 1'ne. MI,• mesa irresistible bait is the ,carcass el e monkey, although the body of a dog or a snake is often used. The more overpowering the '-tench the better—the crocodile will only eat putrefying flesh. The bait is securely lashed to the pointed bar, and r no c,f the 011430 of the bar is tied with a few turns cf cotton line, thread to the bark rope, bringing bar and rope into the same straight Next the bait is suspended from -the bough of a tree overhanging the river. Tho rattan lino is left lying • on the ground, one end of it firmly fixed in the, soil. Attracted either by s1ne1) or sight, a 00 codi a raises himself from the water and snaps at tho bundle, the slack line malting no resistance till the bait. is swallowed and the ani- mal begins to swim off. Then the planted end of the line holds, till the thread binding the pointed stick to the bask rope snaps. The stick at Duce returns to its natural posi- tion at right angles to the rope, and liecon0es dammed across the croco- dile's stomach, the two points fix- eg themselves in the flesh. A firm pull will soon bring the crocodile to the surface, and so on shore, for the pain which every pull at the rope causes constrains him to follow docilely after the drag of the rope. An soon as he is landed the animal is addressed by tire, catcher in most eulogistic language, that he may bo beguiled kite uffering 110 resistance. Ho is called "a raja amongst ani- mals," and told that be bues come on fri•rdly visit, and must conduct himself accordingly. First the oreature.'s jaws are. tied up—not a very difficult thing to -do. Then the crocodile -catcher, still pouring forth compliments upon his nrev, tells him he will give him rings for his fingers—and binds the creatures hind Iegs fast behind his back, so as to deprive him of his grip on the ground end his ability to use his powerful tail. This ales no little courage and skill. Finally the fore legs are tied in the same way, a stout pole is passed under the legs, anti Master Croce- lrle, is carried off to the nearest govermnent station, where alio bounty is paid. The moment the crocodile is safely bound the language of flattery and compliment ceases, and the Dyaks bogin to howl and jeer at hint, de- riding him for his stupidity and helplessness. IGNOIIANCBIN BOLIVIA. treat Bulk of tare People Without Seh0,1 Advantages. In territorial extent, Bolivia sounds third among the republics of South America, and is 011.0 of the two without a seaport, Her natural outlet to the Pacific Ocean was taken by 0111101 at 11018 end of 1110 war of the Pacific, and to -day she is shut off from the 9109 liktt Switzer- land; La Paz, Oruro, and Potosi 1800 all cities standing over 19,000 feet above the level of the tea. Bolivia's economic advance during recent years Jias 1)00101 noteworthy, eao'tien.lai'1y in the. lirto of railroad extension, La Paz, Leto Titicaca, t?18,00, and Potosi aro all linked with Antofagasta e,8 the Pacific coast, and express 11'01518 carry pas- sengers from Lia, Paz, the capital, to Antofagasta, on the sea -coast, in two days. Three centuries of Spanish demi nation and nearly a century of poli- tieal independence have done little to produce 0t' to lay a solid faunae tion for a ,sound system - of public education in any Wtby adequate to Al - the needs of the. country. Primary education for the Quiohua 1808(1 Al- mal•la, Indian 01011)00919, wlti01) forms the bulk of the population, hardly exists, and probably not one Indian in 1t hundred can 118(1, What 1110,0 1s an 1ho •way of sccrindary echuca- tion is largely monopolized by the aristocracy and Cho bc1100 classes of the country. A few have passed from these institutions to tltc whi- versitios, but the, 91'091 bttllc of the people of Bolivia to -day are, en- tirely ignorant of Clic benefits of education, '"Tndiens, you know," said the widel »r'eatl man, "aro vory 81010al. AT, e never kntrw . to 1 n h,fr "0111 - I dett'1, know,) s'opbecj' rfi flippant PCIs011 "'I'hc peat l:oilg follow -/wide AIinneilaha." r