$ ® ® " ° 4 ® + 3 p 4 a 9 rade $ ® 3 © . * ; ° rnishings ® # ° ith Furnishings of a high grade. 3 s to Secure the latest and best Pro- 3 BoE 0 Vg ly rir $ . © w Exclusive 3 . ® oice Ideas. 3 : * on of our recent arrivals of Spring 3 s. The exclusive things. The-hand- 3 > 1 we'll be pleased to show you. 3 Shirts, 30ec., 75c., $1, $1.25 and ¢ . < traw Hats, 50c., 75¢., $1, $1.25, 3 ® ry, 25c., 35¢c. and 45c. : * : N UNDERWEAR 3 vear in every grade and size. We ® 'y man who calls, and we can do 3 % $ $ ® . Bibby Co. * A y - $ yerator d get. h your 351 and 335 King St. SONS, ase. You will not find aality at the price of ibbon 23 delicious, refreshing and able or social use. jo. to §1 a 1b.--Kll grocers FELLLLELL000000000000¢ FERRE FREER mine that shipper of alt camp. ON ton Ont. FR VeYvVYVvvvvYvYYVYYYYY VOIVVYIIIYIIIYY Fewes "For Sale by Rigney & Hickey, " Gas Stoves, $2 50. You will count no convivial occasion com-= plete without this pure charged water, once you dis- cover the zest it adds to spirits and its thirsts quent hing qualities. We vouch for its absolute excel- lence, even compared with the few im- ported waters which are near- ly as good. Of course, you can pay more for them if you see fit, but--why should you? York Sparks The Mineral Springs Limited, Toronto 18 Jas. McParland and W. R. McRae & Co., Wellington street. SHOE POLISH is a leather food as well as the blackest and quick- est polish made. Honest dealers give it when asked for. The Natural Beauty Na "The ouly "treatment" a woman needs, complexion beautiful -- te ake be eo pe daily use of "Royal Crown" Witch-Hazel Toilet Soap It cleanses the skin by Qimulating the * pores, and dissoly- ing and Suiyisg u oft all excretions pa --3 calte or 25¢. 5 Ask your druggist for "Royal Crown™ Witch-Hazel Toilet Soap. Coal Cook Stoves, $17.00. Screen Doors Complete, 85c¢. Garden Hose, 8c per it. Glass, Putty, Paiats, Oils, Alabas- tine, Kalsomine, dry colors. AT REASONABLE PRICES. Taylor @ Hamilton 89 and 91 Princess Street. oy -------- Cook's Cotton Root Compound. -- : Ji Tonic, and ii A ne Monthly Regulator on which women can ¥ depend. Sold in three of strength--No. 1, Bi =: 10 goerecs stronger, SE box special cases, Sold by all druggists, or ee esreeaeieemaenit Opposite Grand Central Station » NEW YO2K CITY 'Every convenlence at moderate expense. Rooms $1.00 a day and upward Send 2-cent stamp for New York City Guidebook apd Map. GIN PILLS CURE 8 Kidney Troubles er NewYork ChineseRestaurant 83 Princess Street Op wm fom 1130, m. ts 300 em' i t an all round khang Hace eals of all kinds on shortest notice English a Dishes a specialty ECONOMIC CRISES A QUESTION DEALT WITH BY PRGF. SHORTT. A Check Can Be Put Upon Move- ments That Produce These Crises--The Late Ontario Bank Failure Cited. Prof. Shortt, of Queen's University, last week delivered an address before the Canadian Club of Orillia, on the question, '"'Are Economic Crises Na- tural and inevitable 7" He said that there were no economic crises before the nineteenth century. Boom periods, speculative enterprises, reactions, crises, panics and the other similar economic phenomena belong to the nineteenth century and commenced in Western Europe, and in America. To- day there are none of these things in India, and Chira, and Japan. Russia and China and India have occasional famines, but the more advanced na- tions * that have developed economic crises do not have famines. Why is this ? One answer is because as long as man is in direct contact with na- ture he niges or falls with his local conditions. The early settlers in Cana- da depended upon their local indus- tries. They depended upon nature for everything they needed. If nature fail- ed them they had no other resource, and they died. That was the .condi- tion under which the native Indians live, and that's the reason why the vast "continent supported so small a population. But' we cannot tell how many millions -can be supported "un- der present conditions. Britain was the first country to lead offi'in the voluntary organization of industry, and she was the first to suffer from economic crises. Crop conditions, war, political convulsions, contributed to these crises, but the general character- istic of the movement was in the de- velopment of industries. The people had to depend upon each other and not depend altogether upon nature. Division of labor was the primary condition of this development. People living in a wooded country are not interested in a eoal miners' strike un- til. the * supply of wood is exhausted. But the division of labor has been carried latterly to great excess until the people who live in a modern large city cannot live twenty-four hours cut off from their surroundings. The com- munity id divided into special sec tions, which depend spon each other, and 20 we draw "our daily supplies from the ends of the earth. Our grand- fathers could live a - long time upon the products of their own farms and localities, but we live under very dii- ferent conditions, What is the result ? Famine is put far from us. Britain is further from famine than any oth:r country on earth. In Russian, where in dustrial, organization does not exist as it exists in Britain; they have a surplis of grain one year and a fam- ine the next. The same is true of In- dia. The people in the countries which feed Britain may be dying of starva- tion. Yet the prices of food-stuils in Britain fluctuate very little. The peo- ple are more and piorg dependent upon onc another, and yet they can live mn greater comfort. 1f the whole _svstem of transportation were to break down Britain would starve more «aickly thun any other country in the world The speaker proceeded to speak of the efiect Tipon economic crises, of the mental attitude of the people towards them, and he illustrated this part of his address by reference to land booms in the west, and mining booms in Cobalt. He showed how the "mob spirit," or rather the "multitude spirit," aflected development in rais- ing the price of land or of mining stock. People go with the crowd and do! what others do. Infection spreads from one individual to another. In land booms in the west the price of land often rises so rapidly that no- body loses. One man buys at ¥2 an acre and sells at #4, and he in turns sells at 86, and so long as land is increasing in value everybody is mak- ing money. Some people think that when one man makes money another loses it, but that is a wrong impres- sion. Evervbody who has been buying land im the west has . been making money #nd no one has been losing This kind of thing goes on until the people actually forget that there can be such a thing as a backeet. When thines go beyond what is normal the result is that values begin to go down, and then it is not a case of soma. gaining. and others losing. Ev- ervbody loses. The infection spreads wore rapidly than it did when values wore rising, for pessimism is more in fwtions than optimism. Man shares the panic spirit along with the ani- ma!, and wh*h things begin .to go back he thinks 'the bottom has fallen out of everything. So it has come to pass that a man § 'success in ale, or the growth of his business does : not depend altogether upon his individual merit, Hf upon the spirit of the multitude. The question comes, could not the community, or certain' organizations in the community put a check upon the movements that produce economic crises? The spsakdy thought . this could he done. He didfhot believe that we were powerless #0 prevent the swing of the pendulum. Certain classos in a community who understand. the together and take situationy can get Lhe intelligent. action. Individunls start manhfoctiring | 'enterprises breanse thoy think they can sell their finished goods and they do not consider how many mote | People 'are doing just as they are doing, until they find out that the market is aversupplied and their money. It takes a very they lose Vir so suniof money and a Fnoth of time to bring a modern fac- tory to the point when its goods can je put upon the market. Too many factories may start in any porticular line, and the result will be disastrous to those, who put their money into them, for _ghe diffegint factories will carré on a cut-throat competition with each other. Then there is a panic jocquse evervhody tries to save him- solf. and a similar conditiop exists to a {heats panie when the ery of fire if rnised. The same ' thing would Tike pines when there is a run on a bank, When the Ontario bank failed, if it had not been for the united action of considerahle | vd that might have involved every bank in the country. But the banks combined and came to the rescue of the weak bank and prevented a panic. It was considerations and conditions such as these that. had given rise to the formation of trusts and combines which 'were the natural outgrowth of the timé§. Ther eflort was to regulate supply and demand, and prevent cut- throat competition. When we are tempted to abuse trusts and combines we should remember that it is organi zations such as - these, Properly car ried out, that may prevent commer- cial panics. When the large factories of Britain suverseded individual lab. or, many abuses crept in and much wrong was done, but the factory acts and other things have remedied : these evils, and we have nothing against these factories now. There are evil things in connection with' modern trusts and combines. The remedy is not to abolish the trusts, but to re form them gs the people in England re- formed the larre factories. Capital and labor should both organize, for they can accomplish much good by doing so. The whole question of pub- lic ownershin and private enteggrise is thus brought into the discussion. There may be some swing of the pen- dulum, but we should study how we can prevent it going to extremes and causing panic. THE ENDOWMENT FUND. -- Report Presented to Presbyterian Asseinbly. Rev. Robert Laird, Kingston, sub- mitted the report of the committee appointed to co-operate with the trus- tees of Queen's in-securing additional endowment. for the university. He ac- knowledged the enthusiastic help which had been given by the ministers and office-beare of the church, and referred with satisfaction to the growth of the fund, to which within the past two weeks about $0,000 had been contribhited. But it was a dis- appointment that men of means in the church were slow in coming forward to aid the fund, and that a local, sec- tional and provincial spirit had, stood in the way of some congregmtions taking up the work. The encourage- ments, however, far outbmlanced any disappointments they might have had. The report of the committee ap- pointed to co-operate with the truss tees mm securing. additional endow- ment for the university appointment that had not amount expressed dis- more satisfactory heen made. "The promised up to May 1907, from the compremtions visited and by indiziduals deeply in- terested in Queen's was $262,000. Of this amount $137,429.97 had been paid. Among 'the payments was the hand- gift of Mr. Charlton, who, on Thanksgiving dav, 1906, gave to the umiversity £50,000 for the endowment of a chair of moral philosophy. Shortly after this came the announce- ment from Andrew Carnegie that when £100,000 wero secured he would com- plete the half-million dollar fund bya gift of £100,000. : tov. Dr. Lyle, Hamilton, moved a resolution recommending anew" to the members and adherents of the church the cause of Queen's. He maintained that the assembly, having intervene, in regard to the control of Queen's, were bound as honorable men to see that it got the £500,000 required. The was seconded hy W. H. Cram, Berlin, and adopted progress total 15th, some resolution SESSIONS OF PEACE Opened Tuesday Afternoon Before Judge Madden. The general sessions of the peace op- ened Tuesday afternoon, at 2.30 o'clock, before Judge Madden, with a very light docket, There are only two non-jury cases. The grand jury was sworn in as fol- lows ' CO, F. Adair, Kingston: Walter P. Bender, Olden; S. C. Bourk, Oso ; HH Robert Boal, Storrington; . Compton, Kingston: Franklin Guess, Lob 2 Peter O'Shea, Wolfe Ts land: Reuben Spooner, Kingston; Mi- ch el Shortell, Kingston. Messrs, Hugh Derry, John J. Har- tv, Allan Smith and Charles Stewart, J. H. Hughson, Henry Hogan and were absent and Messrs. John Mooney, Lawrence Murphy were chosen to take their place : In his charee to the grand jury, the judoe said their duties would be quite light, as there were no criminal cases in' the docket. This was a remarkably good record, and one that the citizens of Kingston, and county, could justly be proud of, when the extent of the country wis considered. Tt was the privilege of the ~rand jury, however, to- visit the county buildings should thev see fit, and make any recommen- dations they considered should be, made. The jury then retired. The first ease taken up was that of William McCammon ve, Maud Gal Ingher. in which the plaintiff claims £175, for commission as agent in sell- ing certgin lands in Kingston, A cheque for $XW.000 has been for warded by the provincial government to the Montreal River Pulp and Pa- per company, in accordance with an act passed last sessi The money was posted by the company asa for foit for the carrying ont of the terms of a pulp concession Got. Hughes, of New York, to-day. vetoed the bill of Assemblyman Bald- win which would have compelled a flat pmesenger rate of two cents a mile. on every railway system in the state more than 150 miles long. : Hon. Mr. Foy, attending the im- perial conference on education, held in London, sailed from Liverpool on Saturday, and is expected to reach Toronto on Monday next. Blair Thaw, half-brother of Harry K. Thaw, has resigned his position as trustee of the Thaw estate. William Wilkins, a prominent atiorney, of Pittsburg, succeads him. ¢ The strike of the teamsters of the Hend Cartage company, Hamilton. wis. & this morning. Some ol an iperease was grant- ttle] the myn Bay ed * . The cighth session of the prov incial order of Catholic Foresters began at Chatham, to-day, with a street par ade. 3 The director-genéral of medical sere } vier will inspect. Kingston camp on June 19th. John Hewton has returned from a, A*BIRD'S REVENGE THREW NEST-ROBBER DOWN CLIFF. Eagle Fought Man Who Was Stealing Her Young Until She Cut the Rope By Which He Hung From the Top of the Precipice. Colorado Springs, Col, June 11. Francis , of this place, is badly injured as' a result of a fight with a mother eagle, whose young he stolerfrom a nest on the side of a precipice six hundred feet from the valley below. Schreiber discovered the nest in the North Cheyenne Canon, 180 feet from the top of the precipice. He descend: od to the nest by means of a rope. When he seized two. of the young birds the mother swooped down on him and fought him with all the skill her ma- ternal instinets could inspire. Schyeiber used a pistol with poor of- feet and soon the rope which held him was clawed until it snapped and Schreiber rolled down the almost per- pendiculdr ¢'iff for a "distance of six hundred feet. That he was not killed was due to the fact that at intervals wojecting ledges broke the force of his fall. THROUGH BAD DEBTS. The Sovereign Bank Pulls Itself Together. Toronto, June 11.---That drastic measures were being taken by the new management of the Sovereign Bank was apparent to-day, at the annual meeting, the first held since the re- signation of Di M. Stewart,as general manager. There has been written off for bad debts $70,655 deficit in securi- ties, $150,607 and for reduction of bank premiums $45,109; in addition #511,4M is set aside ns a contingent fund for accounts in liquidation and a further contingent fund of $500,000 which is set aside for unsatisfactory advances that there is some hope of getting back. The whole of the rest $1,000,000, is taken and the bank's capital reduced from $1,000,000 to $3,000,000. It was explained that the losses were all sustained through bad debts not. speeulation.. Ameilius Jarvis was elected président. at a salary of £10,000. A Visit To Japan. Christian Herald. Bishop MeVicker, of Rhode Island, a man of great physical proportions, once visited Japan with Dr. Phillips Brooks, who fell but little behind him in height and breadth. To the dimin- utive Japs the two stalwart Ameri- can clergymen were sources of unend- ing wonder. "We did not mind ordin ary tributes to our size," mays the bishop, "but the wonder which the size of our feet elicited was hardly flattering. Im entering: a Japanese house 'you are supposed to, lenve your shoes outside, nnd never 'did Dr. Brooks anfl 1 rome'ont but we found an admiring crowd either measuring our shoes or gazing upon them in ad- miration. They were pretty sizable shoes, I admit." Baseball Record. Eastern League. --At Baltimote, 8 Toronto, 4. At Jersey City, 2: Buffalo, i. At Newark, 4; Rochester, 1. _ National League~-At St. Lovis, 2; New York, 8. At Pittsburg, 14. Brook- lyn, 3. American league.--At Boston, 0; Cleveland, 5. At New York, 9; De troit, 3. At Philadelphia, 3; St. Louis, 0. At Washington, 1; Chicago, 2. Horse Had To Be Shot. This morning, a horse owned by Sergt. Craig Hawkey, of the 5th field battery, was kicked by another bat tery horse when opposite the armour jes. Its hind leg was badly broken and it had to be shot. Capt. Morgan will agk the militia department to pay the value of the amimal. Chicago Grain Market. Richardsons & Sons' market report to-dny was: Wheat-~luly, Deceminr, 974 93}; September, 954; Onts--June, 423; July, 427: Septem ber, 358: December, 368; Muy, 3584. Corn--July, 53%; December, BIE; May, 5 Longest Bridge In World. Winnipeg, June 11. Tenders will be called for at once for a bridge which, when completed, will be the longest in the world. Tt will be built for the C. P. R. at Lethbridge, on the Crows Nest line, and will be one mile long and three hundred feet high Further Remanded. At three: o'clock Tuesday afternoon George F. Clark, charged with stenling a coat and vest from a King street Chinaman, was aga'n arraigned before the magistrate and remanded for three days, ee ---- To Leave At 9 P.M. The 5th field battery will not leave for Petawawa until nine o'clock this evening. The departure order has been changed, and the battery will go by Grand Trank railway via Brockville, Huck, who brought the | steamyachts Winona and St. Antoine from Sorel to Kingston, returned home on Tuesday, after placing them on board a C.P.R. ear for delivery in New Liskeard Sapplied on the royal tour of Prince Fushimi, "MecConkey's high case candy." Sold in Kingston at Gib som's Red Cross drug store De. dF. Gi. Fvons is- confined to his home with blood-poisoning of the Hoot. He stepped on a nail, which pierced his shoe. and "poisoning after wards develonad in the wound Allan McRae, better known as "Chie," the star half-back on Queen's rugby football team in the palmy days, is home, from Cleveland, on a visit . Owing to the cooluesi of the weather the street railway management has decided to nostpone opening of Lake Ontario Park until the 24th. Rev. J. J. Rae of Picton, has. at his p Frederick * left without ap-- 'By 'the Bay of trin to St. Paul and Winnipeg. a When. in doubt if wanting glasses in establishing public thy other banks bikin puke 8, DAILY BRITISH WHIG, FOESDAY, JUNE 11. .«.. ... sesses it. Many of CAPITAL LOSES TWO CITIZENS Millionaire Lumberman Succumbs --Dominion Analyst Dead. Ottawa, June 11.-The capital lost two if its distinguished citizens yes- terday. John Mather, a well known millionaire lumbérman, miller and fin- sacier, died at his residence thissmorn- ing, after a lengthy illness. The late Mr. Mather was born near Montrose, Porfarshire, Scotland, in 1532, and began life as a millwright and mach. inist, He came to Canada in'1857, and from. that time until n few yemrs' ago he was actively engagedvin "vari< ous industrial enterprises throughout the eountry, but chiefly at Keewatin. Hewas n director of the Ottawa Bank and was chairman of the building ALYSTS and Health Authorities strongly emphasize the fact that the Royal Bak- ing Powder is' always : uniform in' leavening * - strength. (os # E580) does perfect work, -- --_ cach spoonful the tant quality results from a scientific com- bination of the most highly refined ingredients, and no other. powder pos- made baking powders,imperfectly combined, have spoiled upon the hands of the grocers. committee of St. Luke's Hosgital at It always same as every other. It makes every cake or batch of biscuits uniformly light, sweet and whole some. This impor- the cheaper- the time of 'its erection. He leaves three sons, D. L. and Robert, Keowntin, and Allan, of Ottawa, The only daughter jis the wife of Prof. J. W. Robertson, head of the Macdonald Agricultural College, at St. Anno de Bellevue. Kean Thomas MacFarlane, Dominion an alyst, who was shortly to retire from the public service, was ovércome illness in Rookeliffe Park yektorday al- ternoon, and expired ore medical assistance could be obtained. The de ceased was 'one of tha. spet smineny analytical chemists and had been in the public: service for over twenty-five years. Prior to coming to Canada he was a mining engineer in Norway and other parts of the world, a ------ Buy Zam-Buk' 'at Gibson's Cross drug store. Fresh there. HASSAN SOMETH EVERY DAY New Golf Jackets, all White, all Cardinal, Cardinal' with White, White with Cardinal. New Fancy Boot Lace open work Hose, in White and Tan, 35¢. New Tan Hosé, all sizes; 10c. to 1B5e. New Lohg Silk Gloves, good quality, Greys, $1. New Blouse Waists, very pretty styles, in Sheer Lawn and Muslins, $1 to $4. New Summer Costumes, in pretty Checked and Figured Lawn and Percale, $2.50 $3.50 to $6. New White and Colored Wash Skirts, $1.50, $8, $2.50. New White Underskirts, Corset Covers, Night Gowns, etc. MILLINERY! New Lingerie sats, made of fine Lawn and Muslin, Richly Embroidered, Trimmed Variously with wide Duchess Ribbon, Chiffon and Fancy Straw. New Sailors, American and English. SPENCE'S | | | ING NEW Black, White and MILLINERY! The Leading Millinery 3 aaa - : : @ & > COOKING COMFORT = -------------------- ------ Just one gas range bakes as well more guickly--mnd so saves the cook! ----- an That range is the rough usage without getting ordgr. It is a clean range. sary to keep it clean. We want you to 'eall in and. soe this range. . ! The price of this hich-grade Gas Ronge with 16-inch oven ig from $18 to $20, according sh range can he fitted for any eoul Fange--imkes Mora evenly Mar household's money. Just one gas range represents the farthest develop-¢ ment of improvement--of ingenuity--yd labor saving and foef economy. @® Oxford Gas Range} Made of steel, so lasts and stands ~ : out - of ° |! 3 ners Price 3 : @ lift but and can be quickly wiped, drip pans. handy to get at and keep 3 free from grease. No tools are neces. Leak prod! valves are governed by ) wooden handled levers. The oven door drops flat instead of swinging sideways, and will support a beavy ) - weight without breaking the binges. Abestos linia ki beat in the oven -- of the room. AND CONVENIENCE I ------ A ------------------ -------------- POPPIES 's temper, the table's repute and they Between Corbett's | Store and Taylor & Hamil ron's, directly opposite An. groves, > & COME AND SEE US "Phone No. TR :! Shothan machines hen, Automatic in action, In construction and a sure hatche Sold on 24 MULLEN TAL Life Producers Chatham Incubators Life Preservers Brooders that rival time, or With a wuarantes. p. J. HAY, T. E. HUGHES, Agents, de Princess street. From P. WALSH You get genuine Scranton, as handles nothli else. When You COAL the ir. five Jyvar % he ng ba