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The Brussels Post, 1912-3-14, Page 6CHINESE CUT THEIN QUEUES REVOLUTION AG:1INS'I' AN, OIENT CUSTOMS. England and Japan After Come nleree or Nation Waking from Sleep. .A. •sudden and wonderful change has followed the revolution in China. This is seen in the complete forsaking of old customs and man- ners and even a ehange to Euro- pean garb. In the Kwangtun'g pro- vince over 35,000 Chinese have cut off their queues since the overturn of the government, and this means that an entirely different kind of headgear is now in active demand. Most of the natives are making an. entire change in their style of dress and adopting the styles worn by the. natives of foreign countries. These facts are set forth by General George E. Anderson of Hong Kong. Ms'. Anderson reports that the number of queues cut in Hong Kong during the week following the inau- guration of a provisional govern. meet at Canton probably exceeded 35,000. The immediate result of such a change was an unprecedent- ed demand for foreign hats and caps, as well as other varieties of foreign clothing, One department store under Chinese management in Hong Kong reports that within one week it sold more than 1,000 DOZEN CAPS and over 600 dozen felt'hats. This store sold its entire stock and sent its buyer to Manila to secure all the available stocks of hats, caps, and other foreign headwear. The establishment also reports the sale of foreign. shoes and outer clothing in large quantities, but fewer for- • " eign-style shoes have been pur- • chased than hats and caps and less clothing, in'comparative quantities, than shoes. Other firms have had a similar experience, and at present in Hong Kong and South China generally there is a famine in hats and caps of the medium and cheap- er -grades. The more influential Chinese are. advising against any sudden ohange in dress on the part of the Chinese people, for the reason that such change will take large sums of mon- ey from China to foreign nations. Public meetings have passed reso- lutions in this sense, thus working for the protection of Chinese hat and clothing makers upon the gen- eral principle of China for the Chi- nese. There is no question, says Mr. Anderson, but that a sudden change from present dress in China would lead to 'great dislocation of business in many lines; not only leading to an unusual and extra- ordinary demand for foreign goods, but so reducing the demand for some Chinese goods, like silk for example, as to affect great indus- tries and influence the markets of the entire world. There is a gra- dual change in the direction of the adoption of many lines of foreign clothing and dress and the demand for various goods of this sort in the near future will increase rapidly. YEAR OF GRADUAL CHANGE. While the change of government and a turning to new things have led to this sudden demand for for- eign clothing in South China with unlocked for results, the new fash- ion is in line with a gradual change which has been going on for several years. The increasing use of for- eign style hats and caps by the Chi- nese of the well-to-do classes has long been a notable feature of life in South China ports, While it has been expected that political and so- cial changes in China attendant upon the development of the coun- try along Western lines would have been the result of increasing the demand for all sorts of foreign style. clothing, and while one of the chief arguments against cutting off queues in China has been the fact that such a. change is almost invari- ably followed by change in the style of dress, and this change in titre . would upset great business inter- ests in China now 'dependent upon the present style of dress, the pre- sent increasing use of these for- eign -style articles seems to be due more to their actual comfort and convenience than to any social ori political change. There' has been a steady and even 1 rapid increase in the use of foreign clothing of all kinds., The matter of foreign style underwear, sooke and knitted goods generally has been noted in previous reports, i The increased importation of 'such' goodsis material and domestic pro-II duction is increasing rapidly. i The use of foreign style shoes is increasing.. The imports of foreign' shoes and•shoe materials into Chinni in 1909 amounted' to $291,461 in' gold, while in 1910 they were, valued .at $386,187 gold. The Chinese! maritime customs returns do not specify the nature of foreign cloth- ing imported, bub include hats, Baps, etc.; with general clothing. The imports of clothing and hate of all sorts in all China in 1909 were valued at $1,169,892, while in 1910 they amounted to $1,481,392. The' imports for 1911 ttnquestionabl.y will run much larger, even when the unsettled state of the country is allowed for, • Independenteoe any' political change,' it has "coma to be almost Universal in Hong Kong that a Chinese gentleman who wears any hat ab all wears a foreign hat or cap, SOFT FELT HATS FAVORED, In hats 'the soft felt is the usual style. Caps are usually of tweed with visor of the same cloth, and in the cooler weather often with ear flaps. The invasion of various headwear in the various Chinese cities in the vicinity of Hong Kong is noticed by several customs offi- cials. For example, the customs commissioner at Canton, in his an- nual report for 1910, refers to the use of hats and caps of foreign man- ufacture as constituting one of the noticeable increases in the list of imports. He further says "Foreign hats, caps and gloves have all greatly advanced. This is due to the increasing popularity of these articles, and it is estimated that fully 75 per cent, of the male popu- lation of Canton wear the foreign cloth cap during the winter months." The commissioner at Lappa mentions the increased im- portations of such goods in his port, while the commissioner of Hang - chow mentioned the general use of caps at that port as early as 1910. While the first rush of business at- tendant upon such a change as that taking place in China is on, it is easy to 'exaggerate possibilities in such trade, but it is evident from the development of the trade in re cent years that, independent of changes in chess following political changes, there. are possibilities of this trade which merit attention— possibilities which political changes may increase beyond calculation, but which a trade already estab- lished indicates- are material in themselves. GREAT BRITAIN AND JAPAN have had most of the trade in such goods, About one-fourth of the to- tal imports of clothing into China is from Hong Kong, and these re- present almost entirely British goods.. Japan is furnishing a con- siderable supply of caps in the Yang-tse ports, while Great Britain ships directly, mostly to Shanghai, about one-eighth of the entire im- ports. As this trade grows, caps and hats of Chinese manufacture will gradually appears in fact, such caps are already to be had. From the nature of the goods so far pro- duced, it is likely that the trade in caps will follow the course taken by the trade in foreign shoes; that is, the better grade goods will come from abroad, while, the mass of the trade will consist of hand -made goods of Chinese manufacture, which lack the. quality of the foreign made goods, but which can be bought at a lower price. At pre- sent the bulk of such supplies comes from abroad, and in some lines, of course, Chinese manufacture can- not supply them. CITY BUYS COAL MINE. Vienna Wants Cheap Fuel for Its Electric Plant, The municipality of Vienna, Aus- tria, has bought a coalfield lying at Zillingdorf, about forty miles south of Vienna, and intends to mine the coal 'on its own account and use it as fuel for a new electricity -pro- ducing station which is to be built on the spot. The leaders of the Christian So- cialist party, who are pushing the scheme, maintain that the corpora- tion will now be able to emancipate itself from the ring of ``coal bar- ons," and supply electric current at a lower price than heretofore. It is also hoped to induce the Vien- nese in time to alter their stoves so as to enable them to burn this kind of coal, which is low-grade lignite, at home. The municipality also runs a brewery, a wine business, a hotel, and a, number of restaurants, and acts as undertaker, besides supply- ing gas, water, and electricity .and working its own tramcars and omni- buses. Well Well! THIS is a HOME DYE thef ANYONE can use I dyed ALL (hese DIFFERENT KINDS C-' of Goods with the SAME Dee, used ONEDYErosAll KINDSors000s OLEAN and SIMPLE to Use. NOChen ceoh Ieethe lVRONCnyeforthe deed. Coe 1 as to eal?r Alt .mere nom gee` n agglst 0, n 1• FRLS C i lard and s ryoav 000510110, The Joh,neo .n,eha,dnon Co., Limned, n0,,Oeal, ED. 11 ISSUE 19-1:2 CHINA'S NEW FLAG. This is a drawing of a Republican flag made by Chinese and sent to Toronto by a missionary. The eigh- teen circles represent the eighteen Provinces of China. The back- ground is red, the star black, and the circles yellow. THE JAPANESE DENTIST. Pulls Teeth With the Thnntb and Forefinger. Japanese native dentistry—which is the science of extraction only— may be not inaptly termed a handi- craft rather than a profession, A writer says that the dental chair is unknown. The patient is seated on the ground, the dentist bends over him, and forces his left hand be- tween the patient's jaws in such a way that the mouth cannot possibly be closed. Then he.grasps the doomed tooth between the thumb and forefinger of the right 'hand, and with one deft wrench removes it. So great is the skill of these na- tive dentists that many of them are able to remove six or seven teeth a minute. However, their skill is hardly to be wondered at when the course of preparatory training that they are obliged to undergo is con- sidered. A number of holes are bored in a stout plank, which is firmly fixed to the 'ground, and in the boles are driven wooden pegs. These pegs the would-be dentist has to extract with his fingers without dislodging the board. This process is repeated with pegs in a pine board, and then with pegs in one of oak, and it is only when the 'candidate has suc- ceeded in extracting the, pegs from the oak plank that he may consider himself qualified to practise on his fellow men. 1P A WOMAN DOCTOR. Was Quiek to Discover What Was Doing the Mischief. A lady tells of a bad case of cof• fee poisoning (Tea is equally harm• ful, because it contains caffeine— the same drug found in coffee) and tells it in a way so simple and straightforward that literary skill could not improve it. "I had neuralgic headaches for 19 years," she says, "and have suf- fered untold agony. When I first began to have them I weighed. 110 pounds, but they brought me down to 110. "I went to many doctors and they gave me only temporary 'relief. So I suffered on, till one day, a wo- man doctor advised me to drink Postum. She said I looked like I was coffee poisoned. "So I ,began to drink Postum, and gained 15 pounds in the first few weeks and am still gaining, but not so fast as at first. My head- aches began to leave me after I had used Postum about two weeks—long enough, I expect, to get' the coffee poison out of my system. "Now that a few months have passed since I began to use Pos- tum, I can gladly say that I never know what a neuralgic headache is like any. more, and it was nothing but Postum that relieved me. "Before I used Postum I never went out alone; I would get bewil- dered and would not ]snow which way to turn. Now I go alone and my head is as clear as a bell. My brain and nerves are stronger than they have been for years." Name given by Canadian Postum tte., Windsor, Ont. "There's a reason," and it is ex- plained in the little book, "The Road to Weliville," in pkgs. Ever read the above letter? A new one appears from time to time. They aro genuine, tree, and tuft of human Interest. g. AGAINST MILITARY :SERVICE. Australian Quakers are up in arms, to ptit ie paradoxically, against the new commonwealth compulsory military service act. They have. just ..head a convention in Sydney -and decided that while as citizens they were prepaa'ed to ren- der any duties that the State right- ly demanded by the civil authority, they could tape no part under mili- tary direction in the universal training required by the defence act. Believing that Christianity and the practice of war were op- posed, they regarded cempulsot;y military service as contrary to the fundamental tenets of their rcii- gion;—London Chronicle, rat French certificates .for ilei i now number six hundred, including eight granted to Women, MAKING SAFE INVESTMENTS WHERE "PREFERREO" AND COMMON STOCKS DIFFER. A Very Important Medium of Investment —Conies Ahead of Common as Regards Assets and Dividends—Usually Na - Vot- ing Power—Only an Equity, However,. Not as High Class Investment as Bonds —Classes of Preferred Shares. The articles contributed by "Investor" are for the sole purpose of guiding pros - pee tive ros•peetive investors, and, if poeslbio, of say ing them from losing money through: 0100100 it In "wild -oat" enterprises. Tho impnrtial and reliable character of the information may be relied upon. Tho writer of 'these articles and tho publisher of this paper have no interoete to serve in connection with this matter other than those of the reader. (By "Investor.") To the uninitlate% the distinction be- tween shares and bowie ie confused by a eimitartty of terms. In England the term "stock refers tc, what we know as "de• bonturos" or "bonds"—usually those is- sued by a municipality or government, although there are several unimportant points of difference, Tho term "stock" here usually refers to what the English call "shares"—which term has been super- ceeded in the States, and to a large ex- tent here, by the former. Then, to add to the confusion, there is a security known as debenture stook, and there are other terms more calculated to confuse than elucidate. Last week, the expression, "preferred stook,' was used. This le a form of se - curtly which cannot be passed over In the consideration of investments. While what is known as "ordinary," or "com- mon," stock bas long been known to 11. nano, "preferred," or "preference," stock to a comparatively recant inven- tion. During the financial crisis of a generation ago the railways were hard put to finance. They had no property which they could mortgage and ieeue bonds on and their common stock capi- tal was already too large and selling at too low a price to make it worth while selling it to investors. So Neeeeeity pro. duced the "preference" share. This security„ like common .stook, is but en equity Doming after the bonds, but it to preferred as to assets and dividends, and therefore comes ahead of the com- mon, or any other class of stock. Gen- erally speaking, a preferred stook carries a fixed dividend, which, in the majority of cases does not vary much from 7 per cent. (seldom higher, but in many oases lower). As a rule, however, preferred shame do not—as do the common shares of a company—carry any voting power. That is, the preferred shareholders have no vote for directors, and therefore; no say in the management, or In shaping the policies of the company. When this class of stock was invented it took rapid hold, and now almost every joint stock company has for convenience of financing a certain part of its capital in the form of 9referenee stook. This class of stock has now become a' favorite form or buotneso men's invest- ment. Involving, as it does, no promise to return its face value at any time, and with its dividends depending wholly on the ability of the company to earn them, preferred stook oannot, as a class, rank so high an investment as would a bond; but there is nlwaye more chance of an advance in' price, just as there is more chance of a break. However, preferred shares cover quite a variety of dame of themselves, and so the above description can bo taken only ae a very general outlineof the whole. For example, the dividend on preferred shares does, of course, depend upon earn- ings, and in the ease of the usual class of proferred shares, if the dividend le not paid that is an end of the matter until the company again gets into a po. sition to pay a return to the preferred sharehcldere. Such shares merely involve a promise—if they ere say 7 per cent proferred shares—to pay seven per Dent. on the preferred before anything can be paid on the common, Where the eharee, however, are "cumulative," it means that not only are they preferred, but that 41 the diviclend is not paid in any one year it is still due the shareholder, and if, as in the case of Dominion Steel cumulative preferred shares, the divdend were- not paid for six years, thero is a small mat•' ter of 42 per oent. of • accumulated divf- dends coming to the preferred share- holders before anything could be paid on the common.. This featn1e, while most pleasing to the preferred oharoholders of the Dominion Steel Company, meant that until the $42 a eh.aro was "forked out" to them the common sbareltoldere would receive nothing. And they had no chance of receiving anything until not only was the 542- paid, but the $7 'for the year men current was earned, as well ae eutneient for any small dividend -it has been but 4 per cent. so. far in the..com- pony's history—which they might receive: So the cumulative feature • is a very -im•. portant consideration for the proepeo. Live investor in preferred shares, but' should be looked at askance by anyone considering the commonstock.. of such n company unless they are prepared to take ehahoes. Next week other features of preferred Bharat will be taken up by Investor. "Oh, mother, there are two dear little kittens in a box in the kit then." • "Are there, dear 2" "Yes. And this year's kittens are black, trimmed with white, mother," r .,>,.,..,, FOR MAKING SOAR SOFTENING WATER, REMOVING P,•, I T, DISINFECTING SINKS. CLOS ETS, D RAI NS, ETC. SOLD EVERYWHERE REFUSE SUBSTITUTES A DIVER'S ADVENTURE. Capt. Olson's Exciting Experience in, Boston Harbor. In spite of all the precautions that are taken to make it safe, the work of the submarine diver is one of peril, This incident shows how unexpectedly the most dangerous situation may arise. Captain Olsen has worked below the surface for more than forty years, and this ad- venture, he says, is one of the very "tightest" in the course of his ex- perience. It happened in Boston harbor in the fall of 1909, when working on the steamship Birmingham, that had sunk between Castle Island and Buoy 9. Tha Birmingham was being bro- ken up for what junk could be re- covered from her, and Captain Ol- sen was attending to the submarine end of the work, sending up what parts of the ship could be saved. The veteran diver was fastening a cable about a heavy steel plate still clinging to the side of the wreck, so that it could be hoisted to the surface, when a big ocean liner, outward bound, passed close above the spot where he was at work, about fifty feet below. The swiftly revolving propellers of the steamship churning the waves set the water in such active motion that it caused a sudden violent lurching of that portion of the wreck to which the steel plate was clinging. The cable slipped from its place round the plate, and the sharp hook on the end of it, flying up, came within less than an inch of catching the rubber hose through which the life-sustaining supply of air was being sent down to the diver, and tearing it away from its connection with the protecting hel- met that covered the head. Had the air -hose been torn away, Cap- tain Olsen in all probability would have met death by drowning before he could have been hauled up through the fifty feet of water to the surface. Instinctively lie threw up his left arm to protect himself from the flying hook of the cable, but its sharp point caught his thumb, rip- ping it wide open the whole length of the soft inner side, causing an extremely painful injury, which disabled him for some time after. But he managed, after a time, to send tip that plate, and then he had himself hauled up, as it was impos- sible for him to use the injured hand any longer. rr INSINCERITY IN DAILY LIFE. The evidences of insincerity that meet our eye on every side in daily life cannot fail to have a detrimen- tal effect. When we begin to con- done disbonesty in the goods we buy we insensibly lower our own stan- dard. We have become so used to the idea that the commercial mar- ket. demands concessions that We have given up the ideal of surround- ing ourselves with what is true, and accept pretence and carelessness as inevitable adjuncts of our house-, hold goods, We therefore buy deal furniture painted in imitation of mahogany or walnut, and "sec no difference" between it and the real. The fact that the furniture sets out to be something which it is not does not strike no as immoral, yet that furniture is a concrete lie. 5Z% ON YOUR IDLE MONEY q Western Canada 5% First Mortgage Bonds will unquestionably appreciate considerably in value during the next 2 or 3 years. Investigation proves that Public Utility Bonds of this nature are the most profitable form of investment -- for instance ---Winnipeg Electric 5% Bonds sell now at roe ; Shawinigan Water and Power Co. 5% at me; British Columbia Electric Co. 4 % bonds at Io2/. The city and suburbs of Vaucouver are growing very rapidly. Western Canada Power Co. plant islocated 35 miles from Vancouver and New Westminster, B.C. Itsupplies these cities and surrounding territory with electric power. This company has perpetual water rights from the Canadian government. Many of Canada's leading financiers are large holders of these bonds. Directorate includes Sir Max Aitken; Mr. T. J. Drltmcnond • Mr. A. R. Dobie, Secretary, Bank of Montreal; Mr. Campbell Sweeney, Manager Bank of Montreal, Vancouver. If you have any money for investment we strongly recommend Western Canada Power Company Bonds yielding over sli f. Detailed igformadon and list of bondholders will be willingly sent on request. ROYAL SECURITIES CORPORATION LIMITED BANK OF MONTREAL BUILDING • YONGE AND QUEEN STREETS TORONTO R. M. WHITE MONTREAL-QUEBEC-HALIFAX•OTTAWA Manager LONDON (ENO.) We offer, on behalf of the owners $250,000 7% Cumulative Preference Stock 00 THE ARENA CARDERS OF TORONTO, LIMITED at $95.00 per share of $100.00, with bonus of 40% of par value in Common Shares. Application Lists opened at the omces of the undersigned on Tuesday, March 5th, and will close not later than three o'clock on Tuesday, March -12th. The right is reserved to allot only such applications and for such amounts as may be approved, and to close the application lists without notice. ` Additional application forma will be supplied on request by the undersigned: PELLATT Sc PELLA.TT Members Toronto stook Exchange, Traders r Bank Building, Toronto, THE CROWN TRUST COhIPANX, esNotr a tmaStreet, W„ Any Branch of LA BANQUE IN'TERNA.TIONALE DU. CA.NAb4,,, Head Office, s e MONTREAL Subscription Lists Opened on Monday, March 4th, and WIII Close on or lidera 3.05 p.m. on Monday, March 11th, 1012,. We Own and Offer, subject to prior sale, ,nt 96 and Accrued Interest I92500 til 00 Twenty -Year First Mortgage 6% Gold Bonds of the P Lyall &: Sons Construction .Co:, Ltd), (tnoorporated>under the Lath of the Dominion of eanadte) BOND ISSUE Authorised. Issued. 18 -Year First Mortgage 61% Ronde $1,210fII $t,as1,001 Bonds dated Feb. 1st, 1512 - Due Feb. 1ef, 15ffr. Interest payable at the Quebec, Savings and Trust Company, Montreal, February 56 and August let. DENOMINATIONS: $1000, $500 and $100 Pull particulars concerning the Meng any, ao also copies of the Contpany'e ftnanelal otatement, the, appraletils and real estate reports, will be found in • full in the prospeetue, copies of *blob, along with edttttiobal application forms, may be000 tined from the uodereigned and 011 mefnbere of the Montreal and Toxoato SQUEBEC SAV NGS & 'CRUST COMPANY,* M°1" Dame street, West, Q - .- ' Montreal. THEMOL"ON'S BANE, 'M hr.RE1kr, OR ARV os 105 BRANCHES. • GILELNSHIELDS & COMPANY, Members Montreal Stook Elemange, 5 58' 904 SACRAMENT STREET, MON'-REAL, 310TT0ES IN WEDDING RINGS. 'Nearing of a Plain Gold Circlet by the Bridegroom, "Any agitation to abolish the wedding ring must be stamped out," said the Rev. Hugh Chap- man. "Meantime perhaps the ex- tremists would be satisfied if a man were a ring as well as the woman— the ,practice on she Continent. Perhaps they will some day." Here in England it is not the cus- tom for mon to wear such rings, and that is tale answer given whenever the suggestion is brought forward. But it does not follow that what is nob the =stem now, should not be the custom next year, or next week for that matter. It is the age of progress, and it would surely be a meteor of progression were some definite rule laid down that when a man marries he should carry same badge, which would identify him from his single brethren. There are a certain number of Belcher rings worn by mon, some- times on the fourth, or little finger, and sometimes on the, third finger of the left hand. These rings are very broad, plain circlets of gold, and more often than not are affected by bachelors, merely as . an ornament. In a few cases they are used as wed- ding rings by men. Well-known firms of jewelers say that the pro- portion of wedding rings sold in pairs, that is, one for the bride- groom and ono for the bride, is comparatively small. But when a foreigner marries an Englishwoman he very often orders two rings ; when two foreigners marry in England it is generally the rule for each of them to have a ring. Therefore, it is to foreigners living in England that wedding rings for men are, largely sold. The man's ring ie much narrower than the "Belcher" ring, and, therefore, once the difference and, the two styles became generally known it could not be confounded with it. In days gone by in the six- centuries—when people were not so teenth, soventeeth and eighteenth matter-of-fact as they are now and had more time, perhaps, to think of sentiment, it was the fashion to have a motto or "posy" engraved inside the wedding -ring; many beautiful thoughts were hidden away under the plain gold circlet which adorned a woman's hand,, Many. no dogbt, are familiar with the French motto, "Apres Dieu c'est toi que, je t,'aime," and per- haps the English motto is somewhat similar, "In God and thee all come fort ,be." Another posy reads, "In weal and woe, my love I'll show," and "Joy and care let us take share," and most praiseworthy is the' wish, "Love and respect I clo expect," which is the expectation of every wife, no doubt. The posy, "Lave is sure where faith is pure," is an- other beautiful sentiment, and equally so, "Not mine, nor thine, but ours" ; a slightly different ver- • cion reads, "Not two, but one, till life be done." An inscription found in an old wedding -ring ran, "Vir- tue passeth riches," and in an- other, "Whilst life is myn my heart is thyn," and it is to be hoped that the maiden whose ring bore the posy "Let love abide till death di- vide" had no reason for regret.— Pall Mall Gazette. e A. NOVEL SCnrni,llE. A London Boys to Learn :Grades in Training Ship on Thames. Before long, it is hoped, there will be established en the Thames, off Temple Bar, London, England, if the Government is sympathetic, a training ship, in which boys in "blind alley" work—van boys, er- rand boys, messengers, junior clerks, etc.—will learn the rudi- ments of some skilled trade, Lord Northampton's scheme is novel and attractive. The ship—when it has been pro- cueed—will be fitted with club- rooms, reading room, and gymnas- ium. Workshops willbe fitted up on board, and the boys will be taught such useful trades as car- penter, wheelwright, coach -builder, blacksmith, farrier, saddler, har- ness -maker, etc. • Friday will be an off -night, and will be given up to concerts and lectures, while on alternate Satin. - days there will be route marches on shore. It is, proposcdto form the boys into a corps to be known as the "Imperial Marine Artificers," sine] for the first year it is intended to limit the number to 300 non-entn- missioned officers and'artificer ap- prentices, although it is possible that provision may be found for 100 more boys. le is estimated that the annual cost of the corps, including wages, maintenance of the ship, and all other expenses, will be P1,395. Al- ready half of the motley required for the initial outlay ,has been pri- vately promised, and an appeal is to be made to the citizens of London to provide the balance. It is hoped that the Government will assist the scheme tc the extent of supplying a ship. With the necessary support it is hoped to launch the sthenic by the. middle of March.