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HomeMy WebLinkAboutThe Herald, 1912-09-27, Page 3AND COMMENTS Th sit to cad ab weed, ller's; le r'e eatre le. :wary Suf.. rieal- n t ar��j ames�lace ;her Imes 1 for has been said times without er that this is the age of or - motion, and fortunately the ius for organization is not ex - misted in founding and develop - ng industrial trusts. It is employ- ed unceasingly hi the churches, in the associated charities, in the social 'settlements. Men and wo- men are working together as they have never worked before to help fall who need a helping hand, to bring comfort to those •who are laarts of what Rev. J. J. D. Hall ells the "human junk piles." The world owes much and it will owe more to these united efforts for : the benefit of the race. The union is a mighty one, and the peo- ple who have joined it are rich not merely in professions, but in good works. But it is well to remember even where there is the highest (enthusiasm for organized philan- thropy that there is still a demand Jus- r individualism of the right sort, 26th 0 ,ead t,''demand that may be supplied not ' ' 41y in associations of many kinds lath -'alit in all our daily intercourse with be file another. And possibly the in- bies ense interest that is aroused by c},o,p doing good with '`malice afore - and thought" may sometimes put out for of mind the opportunities that come idon to every one for doing good without ate;- 'organization and without any ela- melf ;, borate planning. A/ thea'I hell. the alit rofe o'm nitl t ne 2Ot and n•r ter, 4n,s o1 y d ,Few 5,- A. lm - the ght est tes Ines' ted end hat 12,- ar. ck- 00, ax - the ld-. tch rer. rns 7S 0 Ltl h For an illustration of what is meant consider the life and conduct of two men whom we all know. One carries sunshine wherever he goes. His presence is a benediction. $e passes through an open door- way, and as he does so a ray of light seems to enter the room. Dis- content and weariness vanish. Whether there are two, three or a dozen persons in the room all are made glad. Nor is this due only to the charm of a pleasing manner. There is a much deeper reason, The . man's character has' steed- the test of many, trials. "To verytliing there is a -season, and a time to every purpose under the heaven." but to his unselfish pur- pose there is 'a time in every min- ute. He will run his legs off ,for a. friend. He is doing little things for somebody with every fresh im- pulse from an overflowing heart, with such beautiful thoughtless- ess, such complete forgetfulness of elf that God's greatest blessing is n him in the love of his fellows. For a contrast there is that other an who is so much concerned with eneral problems that he counts for othing in particular cases, so much pressed by the prevalence of evil d his isolated goodness that in agination he is always on the fights, so rich in fine sentiment d so absorbed with his own little nth that he seldom lifts his hand others, that he actually makes burden of his favors, and repels irritates his closest associates. onceivably a man who at least Bests the first type may be found ong.the human junk piles, while inples of the second type are not nown 'in philanthropic circles. the young person who is yearn - to be good and to do good might fit by thinking over the cora, on. Let hire, do what he can mcert with others, but let him forget that he may discover idant opportunities for working his noble designs in his home •in his business and on the t. Above all, let him remern- that uplifting humanity does onsist in lifting up one's self. NUFF SAID. d you like chicken, Sam 2" 1 Ah certainly does boss." d. you get 'em Mica in a sure, ooss, Ah gets w 'do you get 'em, Sam?" 11, boas, yon know dat of 'Love will find de way.-" people have wily power to stop 'talking when they id enough. Yosliito, Japan's ' New Earp and the Young. Empress Sado From Their Most Rece graph. ,u0p'ee.a.014, -, 777 iwgzAoreaeze AdeemieemZeowie leareagliae CLEANEST, SIMPLEST, and'BEST ROME one can buy -.Wiry you don't even have to what KIND of Cloth your Goods - are made q Mistakes are rhpossible, and for Free Color Curd, Story Booklet, and let giving results of Dyeing over other colors. e JOHNSON-mermeDSON CO., Limited, Mummal. Canada. 1 ONTO CORRESPONDENCE ,s KEEP CHILDREN WELL DURING HOT WEATHER Every mother knows how fatal the hot summer months are to small children. Cholera infantum, diarrhoea, dysentry and stomach troubles are rife at this time and often a precious little life is lost after only a few hours illness. The mother who keeps Baby's Own Tab- lets in the house feels safe. The occasional use of the Tablets pre- vent stomach and bowel troubles, or if the trouble comes suddenly— as it generally does the Tablets will bring the baby safely through. The Tablets are sold by medicine dealers or by mail at 25 cents a box from The Dr. Williams' Medicine Co., Brockville, Ont. MMHG SAFE INVESTMENTS SOME FINANCIAL TECHNICALITIES EX- PLAINED. Tho Man Who Thought the Term Gold Bond Meant a Bond Secured on Real Estate Made a Very Poor Guess—"And Interest" Does Not Imply a Bonus for the Purchaser—Quite the Reverse. The articles contributed by "Investor" ere for the sole,purpose cf guiding pros pective investors, and, if possible, of say- ing aving them from losing money , through placingThe it in "wild -cat' enterprises. n e impartialandcf th infraioay Jibe 1 relied character The writer of these articles and the publisher of this paper have no interests to serve in connection with this matter other than those of the reader. (By "Investor.") The other day a man went into a bond house in Toronto, and, before investing, asked a few questions about bonds, which showed at once that he was entirely un- acquaintedwith that form of investment. It also showed that many expressions puzzling to the uninitiated are such or- dinary expressions of every day use in financial circles that it is extremely dif- ficult for a financial man to explain mat- ters to a layman who has had ab'soliitely no experience in financial affairs in a few words. Now, the first question this man referred to asked was, What does 'Gold Bond mean?" "I suppose," he continued, "it means that it is secured by real estate; though why he should have thought so I have no idea. A "first mortgage gold bond" merely means that the bond is a first mortgage on the property in ques- tion and that when it falls due its repay- ment may be demanded in gold if the bondholder so desires. Some years ago, when governments were less stable than they are now paper money had a very uncertain value—sometimes paper cur- rency would not be worth 50 cents on the dollar. Indeed, daring the war of. the Rebellion in the States in the last days of the Confederacy, the paper money of the Confederacy was so discredited that a man paid $100,000 (DI paper money) for a pair of boots, which he could have bought for $5 in gold. At that time peo- ple who loaned good money to corpora- tions did not like to fool that perhaps they would be repaid at the maturity of their loan in discounted paper currency or in ether coins worth 40 cents on the dollar, as Mexican money is worth to -day. So they made provision that they were to be repaid in gold and thus there came into existence the "gold bond," In Can- ada at present it is merely a name with- out significance; but some da), perhaps —after a prolonged war—Canadian paper money may not be worth 100 cents 011 the dollar, and then the term 'gold" on the face of a bond will be a source of deep satisfaction to the owner; for gold is al- ways worth its face value—$20 an ounce —as it is the standard of value and it alone does not fluctuate in value so far as its cash price is concerned. *. 5 "What does 'and interest' mean?" was the next giiestiou. Tho bonds to which the investor es or referred were gutoeda,tl00 "and interest." Peculiarly enough, his idea was directly opposite the truth. He thought that it meant that when he bought, bonds now whose interest had boon paid on July first he got the it to t from that date up to the present as a sort of bonus. • Suppose the interest was paid in July, John Smith owned $10,000 of the bonds then. Re had $10,000 invested and his in- terest was six per Dent. Obviously if he sold the bonds on January first he would have received the full six months inter- est for he would have just out off the -Tannery coupons. But he sells them in October first, Iet us say. He has had his $10,000 invested for 3 months, and so, of course, should get hie interest for that length of time. He can't cut off the cou- pons for they represent the whole six months interest, so the purchaser pays b.im his $10.000, and also the interest for three months at six per cent., or $150. On January first the purchaser gets his interest from the coupons—$300, which, less the .$150 he paid John Smith, leave him $150 net, or six per cent. on his $10,- 000 for the three months from October first to January first. So his is not out of pocket. That is what it means to sell bonds at 100 "and interest." Soemtimes one sees that bonds have sold at 100 "flat,;' In this case the bonds are sold at 100 and the interest for the three menthe -- or for whatever time it has accumulated is thrown in; but in that case the mar- ket price usually adjusts the interest. 'Thus, six per cent, bonds, which sold at 100 on the last interest date usually sell at 103 on the day before the next one, and back at 100 on the day after. Ir , CAREFUL DOCTOR. Prescribed Change of Food In$tes of Drugs:- ...'� ., Steady Growth—Hon. James ring, and Its Evils -Exhibition rmath—Criticism of Council. et, there is apparent no let up in to's 'remarkable growth, Building ierxnfcs ,issued last month were $2,000,000 'more than for the corresponding period last year. And that these are not merely (paper permits is indicated by the reports from, all, the building trades. Every de- Partment; reports record business. Nor is the total of building permits swollen by:any unusually large individual atruc- t'hr�ee. The Union Station and rouge Street Bridge are still In the phantom class. The unusual feature of the build- ing ,activity is the fireg't number of ex - Simone and alterations as distinguished from new buildings that are under way. gytttblished businesses are making m2L?cy their trade is expanding and they are preparing to take care of the growth. Already, too, this term all records for public school attendance have been bro- ken and many youngsters have not yet reserued to their classes. Early in the mcnth the new record of 45,656 pupils at School on one day, had been reached, ami. it is expected that the figure will go over 50,000 shortly. *hese signs ' of the times fill business men settling down for another year's operations after the holiday season with satisfaction. One hears occasionally ex- pressed some nervousness about the real estate situation, but so far criticism has been directed chiefly to the flotation of subdivisions far outside the city. The infle ed prices to which this class of real estate is'raised by boom times is indicat- ed by the fact that some recently re- corded sales have- been at prices which were no higher than those recorded in the; boom of 25 years ago, "JIMMIE" DUFF AS A LION. frith the season of fall fairs in full swing it is the turn of Ron. Jas. Duff, ' Mistletoe of Agriculture in the Queen's Park Cabinet, to. step into the limelight. Thy say that he did not get his share of attention at the Toronto Exhibition this year, but there are other fairs in pikes where votes count for more than in Toronto where he has been .lhninie' Duff -is much of a (lru ihxily he is as mild-mannered is Om, of ..the lanxbs that sports on his Moll .and prosperous farm up in Simcoe County, E(e is not ferocious in stature, for be is several eral inche s under dor the aver- age ' height. But he must have a streak of siren In his soul for his full name is the.:gennorable James Stuart Duff, and his imit$x"te eame from the north of Ireland. It,gees almost without saying that he is an "Orangeman. They say there is an Orange lodge on the corner of his farm, , and that thanks to the activities of the Duff family it is one of the most aggres- sive in the province. On the stump and in the Legislature "Jimmie" Duff is a ready speaker. The well rounded phrases that are the stock in trade of the stump- ine politician flow easily from his lips. Re has " a' "straight -from -the -shoulder" manner that can be depended upon to bring eheers. from "the boys" on his side of the Rouse. And he has a jaunty in- dependence that sits well. Strolling down from the Parliament buildings these cool evenings, with his hands deep down in his pockets, bis hat setting close to his ears and a half -smoked cigar in his teeth, he makes a figure that the Stranger looks at tivice, though he might not guess he was Minister of Agriculture. Jimmie" Duff's critics say he lacks ag- grt51iveiiese in the management of his department. But at all events he is him- self 11 successful taxmer. Poll, ies are not a:- rot love, though he has been in the R n' a :for. fourteen years, But if you wyrt to ask him, I think he would say he ,likes the'game. Iris is a genial lout, to whom. hand shaking and the other arts of electioneering come as second na- ture, and. of- the, qualifications of Cabinet timber vote.i eating is not the least, MORE 'ROME- RACING. The 'merry ro-round". is stili with us, nM ry.go-hound'' being:the .graphic de- sci `btion apelled to the Canadian horse racing circuit, under whose system On- tario enjoys or endures, according to the SYMinsFlbiios of the ebserving, a period of Doe 'Magna racing, lasting from May un- til t, oiler, ..Toronto gets about a month of ,t is „six rt: and"supports it liandsome- e ; Sall emoting at the Woodbine is It takes considerable courage for a doctor to deliberately preser.be only food for a despairing patient,: instead of resorting' to u. tue usual a list of medicines. There are some truly scientific physicians among the present gen- eration who recognize and treat conditions as they are and should be treated, regardless of the value to their pockets. Here's an in- stance : "Four years ago I was taken with severe gastritis and nothing would stay on my stomach, so that I was on• the verge of starvation: "I heard of a doctor who had a summer cottage near me—a speci- alist from N. Y.—and as a last hope sent for him. ``After he examined me careful- ly he advised me to try a small• { quantity of Grape -Nuts at first, then as my stomach became strop.- ger trop ger to eat more. "I kept at it and gradually got so I could eat and digest three tea- spoonfuls. Then I began to have color in my face, memory becatne clear, where before everything seemed a blank. My limbs `got stronger and I could walk. So I steadily recovered. "`Now, after a year on Grape 1 Nuts I weigh 163 lbs. My ,people were surprised at the way I grew fleshy and . strong on this .food." Name given by Canatlioiu PeSt^ixn Co., Windsor, Ont. Read the little; book, "The Road to Wellville," in pkgs. ``There's a reason." Ever read the above letter? A. new o appears from time to time. They 'a genuine, true, and full of human Interest,, K • MOST FAMOi;`S CLAN. The Clan MacDonald is probabl, the oldest and most famous of: the, Scottish dans, claiming descent) from Donald, grandson of Somer.-;, led of the Isles, in the 12th century I res SomaerIed'Ie name is Norse, 'tSumerri`' hdhi," summer -slider, that is in ner. He was son of '"Gi brighde," son of "Gille-'a man." These two names are oughly Gaelic, so that on the w Sornerled may be regarded a Gael ruling independently over mixed Norse and Gael of Ar shire. Sr ierled died in 1164. IgUBSTITUTE Hazel—"Didn't Marion marl the druggist?" Mal—"No. She followed his o advice and got some .one just good." are open to hazy ^ � the following Egasimosmos FOR sunburn, windburn, cracked lips; �chaps, roughness or irritation after shaving, try NF -DRU-CO Whelp Hazel Cream Its creamystigredients soothe and soften the outer skin, while the Witch Hazel penetrates and heals the deeper tissues. Defl htful after shaving or washing, 25e, s; bottle, at youf druggist's, NATIONAL DRUG AND CHEMICAL CO. .1 Canaciai Limited. 187 imemmilitaMMUNimilawmanomm WS-LAING, LIMITED AWRENCE FLOUR LLS COMPANY EL t.OMPANY OF NADA, LIMITED our,Soptomber.LIst a .Securities ration, Limited nl -.td Toronto, London, Eng. sae Mess crowded and less gay than the spring function, but it is in its way quite as impressive, It provides the same cross section, of society, ranging from the black leg to the society leader. 11 pro- vides the ladies, who go in for that sort of thing the first opportunity to display their new autumn gowns and millinery. Happy is she who has a fresh outfit for easah day of the function. Social reformers, who would abolish racing and the gambling that is rampant in connection with it, seem for the pre- sent to have run into a street with a dead end. The game was probably never as flourishing as it is in this year of grace 1912, And the serious-minded won- der how long the country is going to put up with it. An interesting incident was furnished the other day when Mr. Abe Orpen and one or two others pleaded guilty in the police court to taking bets contrary to the law and were fined $1,000 each. The announcement furnished a wild gasp of surprise. Not because anyone doubted the existence of illegal betting, but because anyone, particularly Mr. Orpen, had been "caught with the goods." Betting on the ponies is an everyday in- cident to hundreds of Toronto workmen and others who can scarcely be described. In a factory some one man takes the bets. Where he places them the others may not know, possibly do not care. They are happy if the horse they backed wins, which may not be often, The bets are paid promptly, Of course all this is illegal, but it as not being stopped. The serious defalcations of two bank clerics gave some promise of lifting the lid from a serious canker, but nothing came of it, and the canker remains, The youths were the victims of crookedness, and some one made a killing. Who, no one professes to know. Whoever it was took unnecessary chances, Because there is no game harder to beat than horse -racing, even without dishonesty. And there's al- ways a steady supply of young lambs and old ones too, ready to be fleeced, DISSENSIONS IN EXHIBITION BOARD. The stories of dissension in the Board of Directors of the Exhibition Associa- tion continues. It is fortunate they did not leak out until after this year's fair was safely past, but the trouble may not be smoothed over in time for next year. The most interesting rumor is to the ef- fect that there is a plan on foot to sup- plant the two present vice-presidents, who, in the ordinary course of events, would look for promotion and elevated to the presidency Mr. J. C. Eaton. In many re- spects Mr. Eaton would make a most ac- ceptable president. He is a cordial sup- norter of the Exhibition, and if he were in the chief executive's place would, no doubt, revolutionize many things, not only by reason of the resources he has at his disposal, but by his remarkable capa- city for organization. But it is natural that the two men now in the vice-presidential chairs Mr. Noel Marshal and Mr. Joseph Oliver, should expect some immediate reward for the hard work they have put in. In connection with the election of the Board there is generally a good deal of intrigue and wire pulling. A year or two a member of the Board gave offense in some quarters. He had also ambitions, 1 but when the next election came around he was quietly knifed. The myster-' is who knifed him? Under the circumstances the exhibition has been fortunate in its selection of officers from year to year and that it continues to be served by Public-spirited citizens. ATTACKING CITY COUNCIL. Criticism of the methods and personnel of the City Council has been growing in volume throughout the year. One of the local dailies has started a campaign of systematic attack. Day after day its columns contain violent charges of incom- petence or worse, while its billboards all over the one, blazon the same message. ,Other . capers confine their., criticisms to particular sections of the (iouneil. Consequently there is likely to be a lively contest next January. But the sur- prising thin„ is, how few are the changes in thepersonnel of the Council fro n c mY ear to year, and it is doubtful if this year will be any notable exception. When a man gets to be alderman he gets so much free advertising by having his name con- stantly in print that he builds up a repu- tation which makes his re-election al- most certain. Even criticism in a city as big as Toronto, where the candidates can know personally only a small fraction of the electors, seems to help him. Uncon- sciously he gets the reputation of being a big man. Unless he makes some mis- take or is dishonest, which rarely hap - file.•.•'esseenittUUtteiiii ve;v, 1 THE STANDARD ARTICLE • SOLD EVERYWHERE anima 1 s01+ap nllVui pinuu u:u,p sI�1teTl'iflYYlil IH Illnlllllliiii 111 1111 1, atllllll' t �'e ®vi1Gf I �]l�t�s" III IIps•Il��uooll •"iil��ll ,,II��pp ,,,pd� -la�lipp, III Itt1,' �Lm711�L16� ea/``,+bLL II IIIIIMlpllp :11w IDH"' IIII1111itI1111I• sinks II► e o �� drams III 1uq(p II1p' pII�IIIIS d1IIa�I�s, ell unpil�,l tea dot Grp ogeis L�_ I I .II I SII ,I E.0.1ILLETT COM PAN'S' LIM1TED TOR4NTO,QNT. pens, he has a great advantage over all newcomers, Nevertheless, there seems to be a vague, but widely held, idea that a commission form of government would be an improve- ment on the present elective system, Judg- ing. by the vote last year on the ques- tion of establishing a harbor commission 1 a proposal to make the change woaifi carry on a plebiscite. But the existing council will not likely let it no to a ple- biscite. Which, to many observers who believe that the cure for the evils of de- mocracy is more democracy, is a thing to be thankful for, TURN YOUR TIME INTO MONEY There is a firm in Toronto who give hun- dreds of men and women an opportunity to earn from $250.00 to $1,500.00 every year. with but little effort. This firm manufac- tures reliable family remedies, (beautiful toilet preparations, and many neeessary household; goods, such as baking powder, 'washing Compounds-, 'stove, furn-iture-and metal polishes, in all over one hundred' preparations that every home uses every day. Just one person in each locality can secure exelu i i s vexg ht to distribute these preparations to their neighbors. They agents. 100 Write and ser cent. ecure solo agon ency- their fore it is ton late. Address The Rome Supply Co., Dept. 20, Merrill Building, To- ronto, Ont„ for full particulars. Without adversity a man hardly knows whether he is honest or not. —Fielding. Damascus steel Barrels, left barrel "Choke Bored," octa- gon breech, engraved locks and trigger guard, double bolt, pidol grip wal. nut stock nicely carved. For sale at your dealer ; if he does not carry these guns, write direct or come and see them at our Store. Accept no substitute, the Lion Arms Co. brand is the best at popular prices. Catalogue (English edition) containing the Hunting By-Lawl free on request. 911 St -Lawrence, Blvd MONTREAL.. '.lLa,z`m�'aWlittl'' V-444' +•+ ..,x... + .. ,. ,,