Newspaper Page Text
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THE PEOPLE'S PAPER.
ASS0CJ5 " HONOLULU. TERRITORY OP HAWAII, FRIDAY. MAY 10 1901.
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X . MMMMhl
It '.' Vor X. No. 1837. V
Pkiob 5 Cents. ,' ry ,., M
WHAT BANKERS SAY
,f -I OK
Effect of Depleted Treas
ury Upon General.,
OPINION VARIES ON
GRAVITY OF OUTLOOK
No Prospect'of Damage1 to Credit in
the Outside World-Contractors
Are the Hardest
The effect of a bankrupt Treasury
upon general business what will It be?
With no public credit, how will pri
vate credit faro? What will be the re
sult of appropriations aggregating a
million or so against nn empty vault In
the Treasury? How far down will the
discounts go, on governments warrants
at the banks? ,
A Dulletln reporter nsked these and
other questions of W. G. Cooper, rasb
lcr of the First National Dank of Hn
He said: "The failure of the Loan
bill to pass tho Legislature means that
tho $1,300,000 which would have conic
to Hawaii from floating that amount of
bonds abroad, wilt not come here. 11
means that that money will not be
expended here and that public works
will be practically abandoned for the
next two years. This sctai'back -the
business of the government to a mot
unfortunate extent. Tho often of this
state of affairs upon general buslncsi
can readllyne seen. I do not antld
pate any financial calamity but I ox
pect buslnesa to be decidedly affected.
"The credit of the government Is al
ready Itjjpalred and tanks are nol
colng tdccept government wn.ranti
nt S per cent. How this will affect prl
vate enterprise In a limited degree may
be seen from a business incident oc
curring at our windows this morning,
A Arm having a contract with the gov
ernment to supply certain tnatorlala
has been taking pay In B.per ecu- war
rants. He presented n batch of these
as security. I had to refuse them until
reinforced by the flrm'a note at 8 pnt
cent. Every contractor doing govern
ment b-jslness Is confronted by tho
Edward I. Spalding of tho Sprocket
Hank said that he had not given much
thought to the result to private busi
ness In Honolulu In the next two years
from the fa Mure of tho Legislature to
provuie rumis, "ine policy ni iit.r
rowing money to pay tho debts of tho
Territory Is bad policy. It Is inevi
table, nevertheless' that we do borrow
ing. The purchaser of bonds usually
looks for the security behind them. In
our case, the consolidated revenues of
tho Islands under present taxation lawn
makes it uncertain as to whether the
bonds would have been readily floated.
We must ndmtt that as a Territory, we
are confronted by an unusual state of
affairs financially. Owing to the uncer
tainty of the future. It is difficult to
predict. Serious effects In large or
small degree will certainly follow.
"The extent of the hardship In the
business world wilt depend in a meas
ure upon how far the local baaks will
go In relieving the situation."
P. C. Jones, vice president of the
Bank of Hawaii does not think the
failure of the passago of tho Loan bill
amounts to a public calamity, "The
government must suffer detriment,"
sold Sir. Jones, "and the comfort and
pleasure of the peoplo will be affected,
liut no business panic will result and I
do not think tho condition of the treas
ury will be materially affect business.
It Is not like destroying something we
already have. Then besides, I under
stand the Income tax taw will bring; In
half a million revenue, which wilt re
lievo matters perceptibly. Of course
there would be more 'doing and things
would be II viler It the Loan bill had
passed. As It Is, contractors will suf-
We wish to announce to the
public tha, bv the terms of
a contract just signed, the
ELECTRIC ROAD of the
RAPID TRANSIT CO.
Will be Immediately extended
trfPiiKh Ollrge HIU, follow
ing t'.e line of our main boul
Construction w'll begin AT
ONCE, and the road will be
In operation within four
months, giving a 20-
CASTLE & LANSDALE
ter more than the merchants and tho
financial institutions will scarcely feel
the difference. The Loan bill would
have Increased prosperity, but Its fall
ure to pass will not affect our present
STANTON 6 SCORE A 8UCCB88.
The Stantons made a decided htti'ln
their production of "Kra Dlavolo" last
night. The performance was good
from start to finish, the audience ap
plauding quite vociferously at times.
A chorus at the end of the second act
was very well done, receiving two
encores and a curtain call. Between
the first and second acts, a sextette
fiom the chorus scored a great suc
cess In their production of "Tell Me
Pretty Maiden" from "Floradora."
Four encores and lets In abundance
were received by the singers.
Miss Stanton was as charming as
ever last night, acting the disrobing
scene with extreme modesty and taste,
Henry Hallam as Fra Dlavolo was also
good, excelling himself In the death
scene in the last act, Harvey and Van
Dyne as the comic brigadiers, evoked
roars of laughter from the audience
In the last act, where they mimicked
tho disrobing scene, they brought down
the house. In the last act. Harvey's
sudden change from the ridiculous to
the sublime was good and his acting
was above criticism. Kunkel made a
first class Lord Allcasb.
On Saturday afternoon Said Pasha
will be played. Wang will follow in
the evening, and The Fencing Mastet
will be played Monday.
BANKERS CALL UPON
TREASURY AGENT McLENNAN
Bondholders Claim They Are Being
Figured Oat of Two Day Interest
-Ludlow Defends the
A delegation of bankers, consisting
of W. O. Irwin. P. C. Jones and Cecil
Brown yesterday called on Messrs. Mc
Lennan and Ludlow, U. 8. Treasury
gents, to protest against their meth
ods of computing interest on tho Hawa
Itan government bonds. These gentle
men. Messr.. Mcpehnan and Ludlow,
arrived in thl'sfclty April ZCwith mon-J
pay off the bonds of Hawaii assumed
by the Federal Government by the
treaty of annexation. Notice was pub
lished that all bonds should be pre
sented to the Territorial Treasurer, and
that Interest would cease May 1.
When coupons bearing date of April
1 were presented. Interest was figured
for 28 days. On a $;000 bond nt 6 per
cent, bondholders and dealers in bonds
have got the habit of counting tho In
come as $5 per month straight. Tho
McLennan count, gavo them only
$4.60 for the month of April. Tho.
protest of the bankers yesterday was
to savo themselves and their clients
this difference In Interest which on
$100,000 would amount to $42.20.
This morning Bishop & Co. filed a
written protest in the same matter.
Mr. McLennan stated that the, protest
would be forwarded to Treasurer Oage
To a Dulletln reporter Mr. Ludlow
explained the matter In detail, from
tho standpoint of the Treasury agents
He said: "Take a coupon dated April
I, for example. Interest for April 1
was paid on the cb'upon falling upon
that date. As to allowing Interest for
May 1, that date we set at which Inter
est should stop, Is It not clear that In
terest stopping May 1 must stop at tho
very first moment of tho first day of
May? However, the theory of the mat
ter has nothing to do with It. Accord
ing to our Interest tables a coupon
dated April 1, and on which Interest Is
ordered stopped May 1, is entitled to 28
"The tables of computation used by
tho United States Treasury figure on a
basis of 365 days per year. The sys
tem Is In general use and is fully as
simple as the "a month Is a month"
"There Is another phase of the mat
ter," said Mr. Ludlow. "When tho Con
gressional Act under which we are
working was passed, March 3, It could
have stopped the Interest at that time.
But that was not done. Interest could
'have been stopped the day we landed
or we could have allowed It to run until
June or August. The matter of decid
ing the date on which tnterest should
stop was left to the discretion of Mr.
McLennan. He chose to mnko It May
1, and I consider the bondholders
should be glad to get tho Interest as wo
figure It. Wo will pass tno matter up
Clarence Cook of tho Bank of Ha
waii said regarding tho matter:
"Messrs. McLcnnnn and Ludlow nre
figuring tho bondholders out of two
days interest for tho month of April.
They nro cutting off a day at both
Lute Sugnr Market.
Now York, May 1. Sugar Raw,
stronger; fair leflulns J'H to 3 U-lfic;
centrifugal, test, 4 Vi to 4 B-lCc; mo
lasses sugar, 3 1" to 3 9-1 Cc. Refined,
strong; crushed, 5.03c; pondered, 5.05c;
Honey & Tullerton, Tel, Main 185,
A .message from the Governor pt r
talnlng to questions asked regarding
the disposition of bills passed during
the closing days of the regular session,
was read at this forenoon's session of
the House, In It, the Governor stated
that he had considered but one bill,
tho Supreme Court measure to which
he attached, his name six days after
the Legislature had notified him that
It had shut up,shop.
Tho first premonition of tho wielding
or tne nxo tnrougn tne Appropriation
bill camo to light this forenoon In tho
Houao of Representatives. Salaries
dropped right and left and several ulfl-
ces were knocked out altogether.
The Finance Committee spent most
of last night in burning the midnight
oil and, with the aid of Treasurer buildings, $2,400; pay of jailors, etc.
Wright, revised the" Governor's cstl- $48,000.
mates on salaries and prepared a re- Treasury Department Treasure,
port on the matter. $8,000; Registrar of Public Accounts
The offices knocked out were ui ful $4,800; license clerk, $2,400; stenog
lows: rapher, $1,800.
Secretary's Office Assistant clerk,' Tax Bureau Assessor for Hawaii,
recording clerks and extra clerks. $4,800; assessor for Maul, $4,200; Regis-
Attorney General's Department trar of Conveyances, $4,800; pay roll
Deputy Sheriff of Wnlanae urn! .- . Indexer, etc.. $15,000.
preme Court officer. " Public Works Superintendent, $.-
Public Works Department Pourth 000; assistant, superintendent, $5,000;
assistant clerk, road engineer, book-' chief clerkand clerk of market, $4,800;
keeper, draughtsman's clerk and pay first assistant clerk and bookkeeper,
roll ot steam tug.. , I $4,000; second assistant clerk, $3,000;
Water Works Assistant clerk.. tlilfd assistant clerk, $2,400; stenog-
Reform School Matron of girls' rapher, $2,400: messenger, $1,200;
school, and teachers in boys' and girls' draughtsmen. $6,600; road supervisor
school. $ 1,800;, superintendent of water works
Public Lands Patent clerk. axilttant $4,800; first nsslstantc ltrk, $1,800; pay
clerk, flrst land district clerk and six roll government buildings, $4944.
land rangers. ' Public Instruction Superintendent,
Board of -Health Exccuthe officer, $6,000; back salary for superintendent,
and purchasing agent $3,125; secretary. $3,600; assistant scc-
BesluWthese decapitated officers, the rotary, $3,000; superintendent boys' re
following were reduced from the oat'.- form school, $2,410.
mates of the Govctnor to the figures! Public Lands Commissioner. $6,000.
given below: Board ofi Health President, $7,200;
Judiciary Department Clerk. $3,000; City Sanitary Officer, $3,600.
stenographer, $3600, one messenger, Besides this bill, no other business
$1200. First Circuit First clerk, $3,- was considered.
000; Eecond clerk. $2,400; third clerk,
$2,000; stenographers. J6.000; District
Magistrate for Honolulu, $4,800; Hiiwa
llan Interpreters, $4,000; Chinese in
terpreter, $3,000; second District Ma
gistrate for Honolulu, $2760.
Second Circuit Clerk, $t,500; Dis
trict Magistrate for Walluku, $2760.
DIstrlct-Maglstrnte-for Horroaula, $60".
Third Circuit Clerk, $1,600.
Bristol Tenn., April 23. President
and Mrs. McKluley tnd party left
Washington at 10:30 o'clock this morn
ing In a private train our the South
ern Railway, which will carry them to
tho Pacific Coast on a seven weeks'
trip. The guests. Including members
of tho Cabinet and thelrMvlvcs und
friends, railroad men In charge of the
trip, and nowspapcr men who accom
pany the party, were at the station
promptly, and no hitch In the program
on which Secretary Cortelpou bnd
spent many hours of hard work was
occasioned at the start.
dent'a train arrived In Washington at
yesterday, and wus elaborately decorat
ed today with flowers. The locomo
tive carried the President's flag, and
from Washington through Virginia,
where the train passed today, the sta
tions were crowded with people to Bee
Every precaution was taken by rall-
Toud officials today to guard against
the possibility of a mishap of any char
acter. The track, switches and bridges
wero all carefully Inspected just before
tho train reached a given station.
everything on tho road, passenger as
well as freight, was sidetracked, atfd
over the Norfolk and Western Railroad
today n pilot train rnn ahead of the
Presidential special. AM tho members
of tho party enjoyed the first day of
their trip and the President expressed
his gratllsntion over tho reception ho
had received. I
Memphis, April 30. "Greater Mem-,
phis welcomes the President," the le-
gend which dared from at least a score
of banners stretched across the streets
of this old city of the 8outh. was the
keynote of the celebration today In
honor of the Chief Magistrate. A vast
deal was said about "Greater Mem-'
phis." and the greater part of Its popu-
latlon of 100,000 appeared on the streets
to Indorse It. Token nil n all. the pro-'"'
gram hecr was n fitting sequence of
thA Pr-irfonf,, irin th,mi, ini,nmn
and a corner of Mississippi earlier ln1ony ot the twen'-sl Intercollegiate
New Orleans. May 1. The Presiden
tial party traveled across tho cotton
belt today from Memphis almost to the
Gulf of Mexico. Down tho low-lylnk
Vnzoo valley, fertllo ns that of tho i,ns arrived at Melbourne. Ho will rop
Nllo, they went to Vlckshurg, teeming resent the United Slates Government
with Its memories of thirty years ngo
thence cast to Jackson, the capital ot
Mississippi, and from thero down Into
tho land of tho-magnolia and the
orange, to this old, romantic city near
the mouth of tho Mississippi, with Its
traditions of French und Spanish rule.
Tho outpourings of peoplo to seo tho
Presidential train nlong tho touto to
day wero larger than on tho two pre
vious days, and tho demonstrations at
Fourth Circuit Clerk, $2,160; sten
ographer, $2,000; Jllstrlct Maglstiato
for Hllo, $2760.
Fifth Circuit-Clerk, $1,200.
Attorney Oeenral's Department-
Attorney General. $8,000; Deputy At
torney General, $4,800; Assistant to the
Attorney General, $3,600; "clerk, $3,000;
clerk to High Sheriff, $3,000; Sheriff of
Hawaii, 14,200; Sheriff of Maul, $4,000;
Sheriff of Kauai, $3,680; clerk, to Sher
Iff of Hawaii, $3,000; rlerk to Sheriff
ot waul, ii.&ou; pay or Honjuulu tn
lice, $50,000; Deputy Sheriff of Mairl
$2,400; Deputy Sheriff of Makawao,
$2,160; pay of Maul police, $35,000;
Deputy Sheriff of Kauai, $2,400; pay r,l
Kaiial police. $20,000; pay of Oahu
police, ,$140,000; guards for public
At 12 m the House took a recess un
til 2 o'clock.
Foster and R. Carpenter were cacn
fined $2 and costs by Judge Wilcox this
morning for being drunk.
Shoster, charged with violating sec
tlon 370 of the Penal taws, was sen
tencadTO 30-days on the reef this,
moijrilng-W the Police Court.
?? - - -fa -?jtfyy-y-jf -
VlcksbuVg and Jackson, the two prin
cipal stops, were very striking.
Houston, Texas. May 3. The Presi
dential special was skimming over tho
Hat broad -plains of Texas when tne
President and his party awoke this
morning: Houston was reached at
5:15 and the party was welcomed by
Governor Sayers. who had come from
the state capital at Austin for that pur
pose. CROWDS GREET CONGER.
Des Moines, Ia May 3. A public re
ception wns tendered to Minister Con
Kcr In the Auditorium t this city this
Afternoon under the auspices of tho
Q. A. R. of- Des Moines. Fully 3000
people crowded Into the building to
listen to tho addresses and tho n-
sponso of the guest of honor who for
an hour detailed his experiences dur
ing the siege of Peking.
Mr. Conger will leave on Monday for
Washington to consult with tho State
Department with regarl to his duties.
This morning ho made tho statement
that he would give out before leaving
a written stvtement with regard to the
talk that he is a candidate for the Re
publican nomination for Got ci nor.
Murphy Hall Concert.
A special concert Is to be given at
Francis Murphy hall next Saturday
evening, under tho leadership of B, R,
Rice, pianist. Mr. James D. Doghcrty,
, whose rich tenor volco Is being henrd
Quite often In Honolulu, will sing and
Joe Mariner will again delight bit an-
dlcnco with his mandolin selections.
Mr. Rice will play several concert
numbers. Between 8:30 and 9:30
o clock there will be given a short
practical talk on temperance and an
oportunlty given to pledge, signing,
Bus-ball Cham lonhlp.
, ,, ,, ,
U",VM?,,l1r f Cal1lfrnla ,W01- V'1B
2?a,.BTe f th basebr" Be.rles ,th
.L," . ' W"'"B ' cnampion-
8?,lp'I1by1f ,BC0.re J 9 t0 ?"?' 0vcr
"Prke'ey f Ponwjl freshman
Pitcher struck out thirteen men, a
tvtanX that has never been equaled In
Rcnney nt Melbourne.
Washington, May 1. Admiral Re
mev. on honrri hln ILieshln Flrnnklvn.
,'at ,ho oneninirof tho first session of tho
Take a rldo on tn Pacific Heights
Ulectrlc Railway and enjoy tho un
surpassed view nt ocean, mountain nnd
valley. Honolulu looks Its beft from
Pacific Height Round trip to cents.
The nulletln, 75 cents per month.
in first mm
Is Passed at This Morn
ing's Session of
ATTORNEY GENERAL DOLE
MAKES REPLY TO LETTER
Tells How Acceptance of Free Ste&mer
Tickets. May Bi Contrary to t
" tie Laws of the-
At this forenoon's session of the Sen-'
ate, the Appropriation bill as presented
at the regular session and reintroduced
by Mr. Achl yesterday, was read
.through the first time for Information
and passed. From the present indi
cations, there will be many changes In
the bill when It Is read the second time.
The Senate met nt 10 o'clock this
forenoon. After the usual preliminar
ies a communication from the Attorney
General, giving his opinion as to the
presentation of freo steamer tickets to
legislators was read, as follows:
Honorable S. K. Kalue. President of the
Senate, Territory of Hawaii.
Dear Sir: I have the honor to ac
knowledge receipt of.a copy of a reso
lution, passed by your honorable body,
dated May 9th, 1901, requesting my
opinion as to whether the acceptance
by members of the first class passage
ticket from steamship companies is,
or Is not, contrary to law.
Section 255 of tho Penal Laws of
1897 provides that: "Whoeer cor
ruptly gives or promises to any execu
tive, legislative or judicial officer, or to
any master In chancery. Juror, apprais
er, referee, arbitrator or umpire, any
gift, gratuity, service or benefit, with
Intent to Influence his vote, Judgment,
proceeding or matter pending, or that
may by taw come or be brought before
htm In his capacity as aforesaid, shall
t3 punished by Imprisonment at hard
labor not. more. than1 two years, or by
fine not exceeding $500."
Section 256 ot the Penal Lars ot 1897
provides that: "Every executive.
legislative, judicial or civil officer, or
any master In chancery, or any person
acting or summoned ns a Juror: or any
appraiser, referree, arbitrator or um
pire, who corruptly accepts any gift,
gratuity, beneficial service, or act or
promise of either, under an ngreement.
or with an understanding that he shall
In the exercise of any function In bis
capacity as aforesaid, vote, decide, or
act In any particular manner In any
cause, question, proceeding or matter
pcjidlng or that may by law come or bo
brought before him, shall be punished
by Imprisonment at hard labor not
more than five years, or by fine not ex
ceeding one thousand dollars.."
If a steamship ticket is given cor
ruptly for the purpose, cither express
or understood, of Influencing legisla
tion. It Is an offense for which the giver
of tho ticket may bo punished by Im
prisonment nt hard labor not moro
than two years, or by fine not exceed
ing $560. If such ticket Is accepted
corruptly, upon an understanding that
Its acceptance Is to Influence the legis
lator's vote, it Is an offense, for which
he may be punished by Imprisonment
nt hard la,hor not moro than five years,
or bo fined not moro than $1000. To
constitute an offense' under the law
above quoted, thero ,must be a corrupt
giving or acceptance, that Is, It must
bo In the nature of a bribe,
I have the honor to bo, sir,
With great respect,
Very sincerely yours.
E. P. DOLE,
On motion of Mr. C. Brown, this
communication was accepted and plac
ed on file.
' Mr. C. Brown moved n reconsidera
tion ot the resolution ot Mr. Achl ask
ing the Attorney General for his opin
ion In regard to tho possibility of the
introduction of a loan nnd other bills
during tho extra session. The clerk
reported that tho resolution had al
ready been sent to tho Attorney Gen
eral so nothing further was done by the
senate with rcrcrence to Mr. Brown
On motion of Mr. C. Brown, the Ap
propriation bill was read through and,
on motion of Mr. J, Brown, It was pass
ed In first rending.,
There being no further business be
fore tho Senate, adjournment was tal;en
until tho usual hour on Saturday,
NI'.W FHDERAL COURT RULES.
Jn tho Federal Court this morning.
Ailtoula O. Sllvn, a nntlvc of Portugal,
WHfi mado n citizen ot the United State'
Tho following new 'tiles wero pro
mulgated by tho Court:
Tho transcript of tho testimony nnd
exceptions on appeal or error In au-
cause, shall bo submitted to opposing
counsel for correction nnd npprnxal;
niul If tho counrel on both sides full In
agree, upon nnd settlo tho testimony
nnd exceptions within a reasonable)
time, tho tmmo shall bu nettled by ttM
court. As soon as tho rrconl, evidence
nnd exceptions mo agreed upon or set
tled, they shall be filed forthwith In
the. office of, the clerk of this' court,
from which office they shall not be re
moved for any purpose, except on the
order of th court.
Ho papers or motions of any charac
ter shall be filed In this court In any
matter or proceeding on nppeal or er
ror, nor will any matter or thing wlt'i
reference thereto be heard or passed
upon by the court until the transcript
of the evidence In the case Is duly filed
In the office of the clerk.
Walluku. May 9. William Goodness,
proprietor of the Bismarck Stables, and
one ot the oldest citizens of Wallutti;
died last Sunday afternoon aged." 73
years. v "
He was born In one of the eastern
states jsnd during' parly boyhood
lived In the then -utoftt fed West. Cow
boys and cattlemen were his compan
ions in those days of adventure and his
leve for such a life wns increased In
later years. He fought during the
Civil War as a scout under General G.
B. McLennan being enlisted from the
8tate ot Maine and aws mustered out
of service at .the close of the war. When
the Mexican war broke out he enlisted.
Again during the war between1 Pent
and Chile, William Goodness cast his
lot with the Peruvian forces. Although
Goodness had seen a great deal of fight
ing, having participated In several now
historic battles, he In each Instance
came out unscathed.
William Goodness first came to Ha- V
wall nel on the old steamer Moses Tay- .
lor In 1870 from California, and settled
a while at Makanao. Maul. Later he
moved over to Walohull and Walakoa,
Kula, having bought an Interest In
those ranches, and curried on that
business for years. About ten years
ago he came to Walluku and started
the Bismarck stables which he person
ally conducted with great business apti
tude, and which has been a source of
Income to hlra during his later years.
It Is generally understood that Good
ness had been receiving pensions from
two. governments tho United States
The deceased left both real and per
sonal property amounting to over $10.
000 and his heirs are his adopted chil
dren: Guy and.Peruvla Goodness and
Mrs. Rebecca Haffener.
The funeral took place last Monday
afternoon and was attended by n large
number of th friends. The body was
burled at the Walluku cemetery. Rev,
William Ault officiating.
William Goodness was a man liked
4nd loved by all, and was. ot, such ttj,
kind hearted nature, that his purse has
boon always open to help those who ap
plied to him for help, and the number
of promissory notes that are now stor
ed In his safe are evidences of this.
Friends he had many but enemies few, '
Ho was a carpenter by rrade, being the
builder and contractor of the Mntinaloa
Seminary that was burned down years
aeo. He was also the builder of Mr.
Cornwelt's stately mansion at Wnl-
kapu. Last Wednesday a petition for
temporary administration was filed In
the 'Second Circuit Court, and A. N.
Kopolknl, W. F. Pogue and J. V. Kerr
wero appointed temporary administra
tors of tly estate, pending the final
hearing of the petition for the p-bate
8UGAR TRUST IN PORTO RICO.
San Juan, P, R... April 29. It Is re
ported here that the American Sugar
Refining Company Is getting optloni
on largo estates here.
Fire Claim Commlsalon.
Judge Kepolkal, tho member of tho
Fire Claims Commission whose arrival
was being awaited by that body, was a
passenger from Maul In the Maunt
Loa this morning. The commission
held a short Informal session this fore
noon and will cpme together in a day
or so for organization. Tho Chamber
ot Commerco hall has been secured
by tho commission as a permanent
J, A. BANNISTER
.;........ , . ..i?
:,.-. :f x.'.d.vJSSdikf'm agtedstay iitMiimthi&ilMi6itmi tins