half a century. It hundreds of ary would never summer months. To dela the york ease, regulati the blood ry . tion in a i When thel prinble, he! witical, a tion before additional At this HE oh a sro [i ery Compoug, work for eve ] ROOMS wiTH oonvenisices, af and pure; sot in order restored, the sloop is by v to pointed in start with B they will be with the 3 derful refed wasting and Bess now making 435 and strong, the summepy try other on USE and well and # happy, E = NO. &7 gE, 188 KING SWELLING. KO fut water owner si out. Appl street. re rg dwellings, Motaon, wlores 1 lirock, NELSON Johnstons » ent nin street, PLATE GLASS YRONr, Frineee FATEFUL COVERNNENT ONTARIO GREATLY SINCE Honesty, Efficiency and Progress Have Been the Feature of the Long Sway of the Liberals. Siratford Beacon. In the din of political battle which will soon be raging there will be a good many secondury issues exploit- ed to draw awsy the attention of the electors from the real, vital, fends mental factors which go to make up good government. No country or provimee in the world van point to as clear, as faithful and as able a gov: ernment for such a long period as the liberal party bas given Ontario the last thirty years. That after all, is the liberal party's claim for the re newal of the people's confidence; that, after all, is the vitally important eon: sideration in this election, First, the government has been hon- est. There has never been the slightest shadow of proof ghat any minister profited finavcially in his dealings with the provincial affairs entrusted to him. There has never Leen any proof that in the sixty millions that has © heen expetded, taking the past eighteen years only, one dollar of it has been expended for a corrupt pur- pose, In that sixty millions the op- position has only divided the house on half a million, principally for new offices, or thee quarters of a cent, on the dollar. The comission of fin anciers appointed when Mr. Ross as sumed office reported that the methods of book-keeping were excellent, . and exhibit the provincial transactions in as full details as those of an ordip- ary financial institution. The province has a surplus of two and a half mil lions, its rate of expenditure per head of population compares favorably with that of other provinces, and its financial position is the best in the dominion. Compare the record of ki- berals in Ontario with that of the conservatives. at Ottawa, who as- tounded the whole world by the cor- ruption revelation in 15801. Only last November the London News (Ind) felt called upan to protest against the slanderous statements of the Mail-Em- pire 'and Mr. Whitney in comparing the Ross government to Tammany, and saide 'Make a careful examination and a strict, honest comparison and vou will find that the administration; of the best state in the union is eor- rupt and vile compared with the ad- ministration in Ontario; further, that in all Canada, in all America, there is no other state, city or province where public affairs are as clean as in our province." Is it a light thing that such a testimonial can be.given On tario's administration after thirty years' service? i Second, government has heen efficient. It is the complaint of lord Rosebery in the old country that the public departments have sunk into a state of inefficiency. We do not need to go beyond the ®ntario agricultural college for example of the efficien- ov which chricterizes the agriculture and public fworks departments. The body of Rgislation given the pro: vinee hy Sir Oliver Mowat and his successors has drawn forth warm en- comiwms * from other countries; our edacational and other systems and methotls are made the basis of simi- lar institutions in the newer province es; our expenditure is proportioned to J pete, but the our i 3 men who administer the affairs of the province have been successful men in their several call ings, and the business of the govern ment has been conducted with ability and strength. Is it a light thing that efficiency has characterized Ontario's administration the past thirty years? Third, the government is progress: ive. A government that may possibly escape the dangers of corruption and inefficiency incident to a long term, may perhaps become stagnant and non-progressive, That cannot be said of the Ontario government. "Build up Ontario," the policy of the govern ment, been shown to he some- thing more than a mere catch-word: Since Mr. Ross outlined his policy at Whitby in 1898, the government have bent their ~ energies to the develop: ment of the province along the lines indicated. The government has been in advance of the people in some ros good roads, sugar beet, cold storage, and other like legislation is 'beginning to bear fruit. The provisions governing reilway subsi- dies, public comtracts, pulp agree ve been recast in tho 3 ian labor and Cina | , and failway agreements have provisions for public control and re! The liberal govern metit,_ bas been first among provin- cial governments to plan. a govern act rail . Tt has opened the way, in the tion referendum, for the voice of the being taken on im- portant soci s. Is it a light vernmeut | fii THE DAILY WHI, TUESDAY, APRIL 29. av mi = " people of Ontario the past thirty years in this respect, and may with all confidence and. justice, ask a re newal of the support of the greati, de termining, moderate force which rules eléctions. . % "VICTIMIZING" A WIFE. She Hands a Fortune to Her Hus ~~ band's Banker. London, Apel 20.<The court of ap peal heard erguments in a rather ud- common vase in which a bank and a reckless hnsband figure largely. A good wnny years ago F. J. . a Plymouth wine merchant, owed money to his bankérs--Batten, Carne, and Carme--and gradually his indebt- ina rose to something like £20, His wile, who had "'expeciations' from ber wealthy father, was induced to wigh guarantees amounting to £6, 000, which Reed handed to the bank as cover for his overdrafts. In 1503 she executed a deed assigning all her feversionary interest (valued at £23- 000), and this, too, was deposited with the bank. Reed, it is alleged, behaved very badly, and deceived both his wife and Mr. Harvey, the bank manager, as'to the real position. The bank went into liquidation, and Mm. Reed was ad- vised to sek restitution, her plea be- ing that she wae coerced by her hus. band amd threatened with bankrufjtey by Mr. Harvey unless she maile 'the assignment of her prospective fortune, In fact, she was victimized by both men, said counsel. In her action he fore justice Grantham to have the documents set aside, the jury took that view, and found that the lady was. entitled to redrese. . The Jigaidator says it is idle for Mrs. to set up this contention now, and the appeal is for a new trial on the ground that the jury were mis- directed and the verdict was against the weight of evidence. -------------------- STOLE 100 HORSES. Thieves Confess Operations in New York and Boston. Boston, April: 29,--A confession hy which the theft of more than 100 horses and carriages in cities between New York and Boston and in New Jersey has been apparently cleared tip wus mallee to the police by Orrin Aviesbury, who, with his brother, William Aylesbury, and. James Gould ing, wa¥ arrested in Somerville on March 20th. According to Aylesbury, the plan of the three men was to steal a horse and carriage in the suburbs of Boston pnd drive to Providence, where a sale was made. There another vehicle would be stolen and driven to another point and sold. This would be repeat- ed, until New York was reached. Then the men would start back, stealing in the same manner. Fourteen rigs were stolen from stands in front of the Brooklyn city hall, eleven in New York city and four in Newark, N. J. New London and New Haven are in cluded in the list of cities where Aylesbury says thefts were committed. ' GAINED TEN DAYS. On the Season of Navigation for Grain Oarriers. Montrenl Witness. Anticipation and realization are not always sure to make close connection, especially when it is a matter of transportation, either by land or water carriers. It was mentioned some weeks ago, that the Montreal transportation company's steamer Bannockburn, has been held all win- ter at Collingwood instead of at Kingston, in order to test the possi bility of saving a week or ten days in the season. Previously the season had commenced from Kingston and the Welland canal had to be open, of course, before the steam carriers could reach the head of the lakes. It turns out that the company's es pectations have been realized. Their carriers have been down to Kingston and away back wgain on their way The saving for the seasén will be at least ten days, and in Canadian lake pavigation that means a very great ENGAGES IN FIGHT. Many People Are Injured in Al- tercation in Asia Minor. London, April 28. Cabling from Constantinople, the correspondent of the Daily Chronicle says that as an outcome of a dispute last Friday es to where the foreign consuls should be seated during the services in the Greek church at , in Asia Minor, the ation became embroiled in a Couldn't Cure Her Of Love. Chicago, April 29.<lrene Mayhew Greaves, daughter of Charles Graves, jeweller, is twenty years old. To cure her of a school girl Jove she was sent . Baiope fotun nar. inneapolis, whom when she was sixteen, was Nan : bP . wd antic Pulp and Paper - Company, Limited HEAD 'OFFICE: TORONTO, CANADA AUTHORIZED CAPITAL, $3,000,000 $100 each, divided | 15,000 7 cent. Cum VO a laa hares Sl ae Sr onoR0gs 1, man Shares; $1,800,000 #7 $850,000 of 7 percent. Cumulative Preference Stock is Li now offered to the Public for Sale at par PAYABLE: 10 per cent, on application, 20 per cent. on allotment, 20 per cent. two months atter allotment, 25 per cent. four months after allot : : ment, and 25 per cent. six months after allotment. DIRECTORS Ottawa. PRESIDENT-W. C. EDWARDS, M.P,, of W. C. Edwards & Co. Limited, Lumber Manufacturers, VICE-PRESIDENT-R.Y. ELLIS, Vice-President of P. W. Ellis & Co., Limited, Manufacturing Jewelers, Toronto. CHAS. H WATEROUS, President of Waterous Engine Works Co., Limit-| J. W: WARDROPR Director The New Richmond Lumber Co., Limited, ed, Brantford. » ant. Buffalo. WM. M. McINTYRE, Paper Manufacturer (late Mechanica! Superintendent R, H. THOMPSON, Wholesile Paper Merchant, Buff tautentide Pulp Oo), and. A. J. H ECKARDT, Manufacturer, Toronto, OHARLES LYMAN, President the Lyman-Knox Co., Limited, Montreal. lw. R P. PARKER, Barrister-at-Law, Toronto. Bankers---THE CANADIAN BANK OF COMMERCE. Solicitors-- PARKER & BICKFORD, Toronto, Canada, NT es . Brokers--SUTHERLAND & CAMERON, Ottawa, Canada: » 308 , : Registrars of Stock and Transfer Agents: NATIONAL TRUST COMPANY, Limited, Toronto, Montreal, and Winnipeg. d (> two offers for the of its entire output (about the First of April), the Company has wecaived twh ¢ ert Ture Samtrach Hp offer, if woul y Either offer, if acce) bs be suffidently mated from { of the Company was i N.B.--Since the Pr | ( . These offers are entirely unsolicited, and are from parties whose standing is such as to guaran id peal e. On of 'Shee oor TC the first year of production, ani 3he eid Saves She fie No Either alia, Jf a ll dividend on the K, 0 y r Lap le 1c aming Ee HA the oo; barter Stock, if no unioreseen contingéncies shouid arise. This does Mot include profits esti the sale of sulphite pulp or from the saw mill, which, it seems reasonable to suppose, would be sufficient to cover all unexpected contingencies, PROSPECTUS OBJECTS OF THE COMPANY Zne.follawing ls an. extract Irom Sue 2 the iat TOR _ The Attantic Pulp and Paper Company, Limited, has been organized in and have leon and examined limits In the State of Maine, New Bruns. order to take advantage of the unrivalled facilities for the manufacture of wick, and Quebec, and worked in Wisconsin and Minnesota, and 1 am pulp and paper at New Richmond, on the Bale des Chaleurs, and by its . . mre . ed over." this is the best pulp Hmit I have ever seen oF travel charter, has powers of the fullest description. It is confidently believed that on the Dasie of any one of these reporis a conservative estimate Shows pulp and paper can be more economically manufactured there than any re that there is sufficient pulpwood now on the limits to supply the rip wther pines: in ARitrica, mills for more than 65 years. AS spruce wins UL rapiace Resie or 3 - Il De seen t The essentials to the muccess of such a concern are: twenty-four to thirty years, It wi Cheap and unlimited pulp wood; the limits to afford a perpetual supply to a milfdouble the capacity of that . a 0 i 3 hy dagunts water Dower Shen aly developed; Bow rept property consists of twenty acres where the saw mill, Pure wates Tor ihe mam rer; dwellings, and office are situated, and 35614 acres ofi the bank of the Lite | heap bes: tian charges; Cascapedia River, where it is proposed to build the Pulp and Paper k Efficient management. THE PULP AND PAPER MILLS - It will be seen that the facilities possessed by this Company assure a it is proposed to erect int of cheapness in the production of paper mever attained before, while : of 84 % Phe situltion of the mills on the Atlantic seaboard makes it possible to ship A Sager Will with 2. dail Sapa) I I an of 80 toms, wid © to all foreign ports by water without trans-shipment. As the Company A Sulphite Pulp Mill with a dajly capacity of 40 poses to confine itself almost exclusively to the export trade, it will uiphite Pulp a} ot RD Soh: he Pulp snl readily be seen that this gives it further advantage over all other companies. Mr. George 'F. Hardy has estimated the oa a he 1. WOOD SUPPLY .~No paper mill in Canada has greater advant- Paper Mills and of developing the water jo ag A i : hbjagas ages in point of situation. 'Many companies do not own thair own limits, from the sale of the Preferred Stock will gprs provide working PRY being entirely dependent on outside pur. hases, and subject to fluctuations ments for the limits, water power, aw = Th #10 ania . of supply and price, Other companies ou ning limits have to tranaport their and leave a substantial balance for conting THE SAW MILL wood from great distances by water or rail. Thus we find mills at Mer- and Niagara Falls are bringing their pulpwood from Central Quebec. ' Som There 1s on the property a saw mill, equipped with the Intent bmpreved machinery, capable of turning out from 35,000 to 40,000 superfic Some prosperous paper companies even buy their pulp inthe manufactured state. The mills of the Atlantic Pulp and Paper Company, Limited, willl be . hery ith all necessary power, Fear: ut two miles from the limits, where there will also be a very large sawn lumber in ten hours, and is equipped w! Tn: on ing, shafting, etc, for the installation of another saw, which would double the capacity. MARKETS : mill-pond capable of holding several million logs. The Little Cascapedia River flows from end to end through the center of the limits, and the large number of tributary streams does away with the greater part of the haul- . ing usually entalled in getting out pulp wood, thereby greatly decreasing The markets will be chiefly foreign, including the Easterp States and We Great Britain. In view of the expected advances In the price of paper in 2. WATER POWER. --Mr. George F. Hardy of New York, the foremost the Eastern States it is probable that the greater part of the output will be American authority on this subject, has made a thorough examination of the marketed there. Situated as the mills will be on the séaboard, paper water power that can be developed on thé Little Cascapedia River at a point can be laid down in Liverpool and New York, duty paid, at such a price as immediately adjoining the proposed mill site, and his report shows that to defy competition. sufficient power can be developed to run mills of éven greater capacity. Freight quotations Company, or the undersigned. This report can be seen at the office of the undersigned, or at any can be seen st the offices of the Nationdl Trust mah office of the National Trust Company, Limited. | 8: WATER SUPPLY. ~--~Pure and clean water is one of the most im- portant factors In connection with pulp and paper-making. The bed of the Little Cascapedia River ia rocky, and owing to its crystal-like clearness and purity the water In the river is suitable for making the finest grades of paper without the expense of filtering, which is almost invariably required at other mills, 4, COST OF LABOR. --The labor employed In the mills and woods cost fess than probably any other American mill, as far as known, as competent men in this section of the country, on account of the cheapness of living, ask very low wages. x 5. TRANSPORTATION CHARGES--The shipping facilities of this Company are certainly unequalled by any similar enterprise In Canada, the situation of the mills on the Dale des Chaleurs giving avery possible ad. vantage for export trade, which Is probably the most profitable fida. Arrangements can be made with Atlantic steamship lines to run Steamers from New Richmond for eight months in the year, as required. During the winter months favorable winter rates have been srrangsd with ESTIMATE OF BUSINESS AND PROFITS Estimating the cost of pulp wood at $2.25 a cord, careful estimates made for the Company show thdt the ground wood pulp should not cost over $5.89 a ton, and sulphite pulp not over $16.00 a ton. The actual cost of newspaper from pulp, estimated at these prices. should not be ayer ead » ton. This is after making all necessary allowance for and renewal of plant, and all charges of management and selling. { The following estimate of the annual output of the mills has been pre« pared by Mr. Wm. M. Melntyre, a practical pulp and paper minufasturer, and is belleved to be conservative and well within the mark, and includes allowances for salaries and contingencies: 16,902 tons of newspaper 4} $3700 a ton : fob. at mills ...... Le oe 3025.374.00 829414 tons of sulphite pulp ag $3000 a ton fob at mills ia 248,835.00 $:T400008 Cost of producing same: PE asensss -------- oes BOOBATIAS 106,000.00 ime ws 16,002 tons of newspaper, at $1604 =u ton 28631958 the Railway Companies to 8t. John and Halifax, New Richmond being on $204% tons of sulphite pulp at $16 a ton 286,910.88 the line Of the Atlantic and Lake Superior Railway, which will be connected with the mills by a siding. ¥ » 6. MANAGEMENT. ~The Company has been fortunate in secubMng the services of Mr. Wm. M. Mcintyre, formerly Mechanical Superintendent with the Laurentide Pulp Company, Limited, who will act as Manager of the construction and operation of the mills. Mr. McIntyre has had over twenty years' experience in pulp and paper-making, and is regarded as an authority on the manufacture of pulp and paper. PROPERTIES The pro) fen and Hmits acquired by the Company contain about three hundred two square miles, or one hundred and ninety three thousand two hundred atreg, more or less. The wood is principally spruce. and there 8 Also & large gfiantity of cedar, pine, birch, balsam, balm of Gilead, and poplar. The Company has reports on this property made by five different expert Rangers, acting independontly. Copies of these may be seen at any office of the National Trust Company, Limited, or at the office of the undersigned. Showing a profit of «ra se am Bt " 7 péf cent on $1,500,000 Preferences Stock Avaflable for Reserve Fund and further Dividends ... $350177.13% The ground wood pulp and the balance of sulphite pulp will be con. J sumed in the paper mill of the Company. ! The estimated profits from the operation of the sow mill are not in. cluded In these figures, but dwing to the enormous quantities of godar on the Himits, substantial profits should be made from the of rall- way ties, shingles, ete. The Lassentide Pulp Company, in ts annual report, June 30th, 1900, stated that the Company's saw added to the year's profits an ammount equal to ts entire cost, although It Was oper- i ated for only three months of the year, and estimated that the future profits | from this source would cover the interest on the entire bond jesus of the | Company. 4d ISSUE OF STOCK For the acquiring of the said property, equipment i ills, the development of ti ster powey, bulling nallway siding to the mills, nd he furnishi of ret of iho t a nto Stock is ade The whole of fie ul Per Cent. Cumalative Preference Stock been authorized to be issued on the tollowing terms : © For every two shares of Seven per cent. Cumulative Preference Stock subscribed and paid for, there will be allotted by way of bonus one share of fully paid Common Stock. TT The Seven Per Cent, Preferred Stock is Cumulative, carries yearly dividends, and has prierity over the Common Stock as to both divide dae ofthe dividend on the Prefrred Stock, and belags any payiaeat of ditidend on the Common Stock. «ther sum of one d to a Reserve under t ter. This fand will the further assuring dividends on t referred Stock. B wi be made in due course for the listing of a For ah on tie Toronts 494 Mantreal Stock Exchanges Applications for Pre ares should be forwarded to the NATIONAL TRUST COMPANY, Limited, Tor onto, Montreal, or Winnipeg; or to SUTHERLAND & CAMERON, Brokers, Ottawa, Canada. SA Checks, drafts, etc., are to be made payable to the NATIONAL TRUST COMPANY, Limited. s 11 the whole amount applied for be not allotted, the surplus paid on deposit will be appropriated towards the sum due bn allotment. Where ao allotment-be made; the deposi will be returned in ful pation > Further information and Forms of Applic x I ERY RK a k SUTHERLAND & CAMERON, Brokers Gs OTTAWA, CANADA. » be obtained at the «ffices of SUTHERLAND & CAMERON, 48 SPARKS STREET, OTTAWA, ToroNTO, MONTREAL, and WINVIPEG. re ' ru Sek