ei q bate | i} x ; THE DAILY NEWS = The Daily News Formerly The Prince Rupert Optimist Published by the Prince Rupert Publishing Company, Limited DAILY AND WEEKLY SUBSCRIPTION RATES—DAaIzy, 50c per month, or $5.00 per year, in advance, WEEKLY, $2.00 per year. OuTSIDE CANADA—Daily, $8.00 per year; Weekly, $2.50 per year, strictly in advance, TRANSIENT DISPLAY ADVERTISING—50 cents per inch. on application. Contract rates HEAD OFFICE Daily News Building, Third Ave., Prince Rupert, B. C. Telephone 98. BRANCH OFFICES AND AGENCIES New YorkK—National Newspaper Bureau, 219 East 28rd St., SEATTLE—Puget Sound News Co, Paes ENGLAND—The Clougher Syndicate, Grand Trunk Building, Trafalgar quare, New York City. “‘The newspaper, with the law, should assumt the accused innocent until proven guilty; should be the friend, not the enemy of the general public; the defender, not the invader of private life and the assailant of personal character. It should be, as it were, a keeper of the public conscience.’’—Henry Watterson. a ee The Danger of a Speculative-Value Assessment FRIGAY. May 19 DAILy EDITION. A visitor to the News office who frankly confessed that until recent events had showed him the value of independent criticism, he had entertained anything but kindly feelings for this paper, informed us that his assessment has been raised from $300 to $2,000, an increase of 566 per cent. We did not, in the stress of dealing with more import- ant subjects, inquire whether the increase covered any improvements which had been effected during the year. But an assessment paper in which we are more particularly in- terested lies on our desk, showing that a certain unimproved lot, which last year was assessed at $300 is now assessed at $600, an increase cf exactly 100 per cent. This may be taken as an intimation of what awaits many citizens. That the policy is to tax up to the hilt is evident from the fact that the piece of property changed hands, this year after being on the market for several weeks, for only $575. In fact the gentleman whose, assessment was raised from $300 to $2,000, indicated his wil'ingness to accept half that sum for it. We do not suggest that everyone is going to meet with a jump of 100 per cent on their tax bill. The assessment record issued by the city council shows that on the average the public will only have its assessment raised a fraction over 66 per cent. Some of course will have their taxes raised one hundred and two hundred per cent, and some only thirty or forty per cent. But the average on the whole bulk of the private citizens will only be a little better than 66 per cent. Last year the private owners of lots were assessed on $4,700,- 822.50. This year they are assessed on $7,820,830. This increase is made necessary by the new policy of reducing the assessment of the railway company’s property from $2,280,630 to $242,320. The most sericus aspect of the question however is not the in- creased taxes most of us will pay, nor the fear that the council may be contemplating the taxation of improvements, and thus retard the development of industry. It is the great risk which follows if bor- rowing should be attempted on the basis of a high assessment. Cities like other corporations need capital. Like other corporations this capital is borrowed in the money markets, security for the loans being given. In the case of British Columbian cities the security is in the form of a first claim on the taxes, the borrowing power of cities being limited by the Municipal Clauses Act to 80 per cent of the assessment. Last year British Columbia municipalities borrowed in London alone a sum of $6,989,828. To safeguard the interests of investors is one of the duties which devolve upon the large te houses who negotiate the loans, and in this connection, Mr. F. W. Taylor, London manager of the Bank of Montreal on December 23rd last stated to the Monetary Times in reply to the question: “Is there any danger of Western Canadian municipalities borrowing too heavily?” “The Bank of Montreal would be the first to avoid becoming the medium for a public issue of any municipality which, in its opinion was borrowing excessively, as we have too great Feapects for own prestige as an issuing house, and for the credit of Canada as a whole, to do otherwise.” It needs no special expertness in economics and finance to perceive that borrowing on an assessment based on speculative values is an exceedingly risky thing even to attempt. Even if the banking houses were agreeable to float a loan based on speculative values, the tenders for the loan and the underwriting fees would be based, not on what a city official declared the value of the security to be worth, but on what their own expert valuators declared the security to be worth. A tradesman who wanted to increase his borrowings from the bank from $1,500 to $3,000 would not hope to succeed by merely marking up the selling price of his goods 200 per cent. Such a trick would not only kill his chances of securing the loan, it would kill his chances of selling his stock also. It would also kill the banker's faith in him. The illustration expresses in an exaggerated degree one of the dangers which confronts the city if it attempts any finance of the thimble-rigging kind, based on a speculative value assessment. The wounds of a friend are more to be desired than the kisses of an enemy. It is kindness to point out that the policy of increasing the taxes of the citizens by 66 per cent will not deceive the financial world into believing that the security offered by the city has been enhanced in value by that enormous sum. “WE HAVE BUYERS FOR LOTS IN STEWART Samuel Harrison & Co. Brokers, Prince Rupert and Stewart, B. C. Agents for Stewart Land Company, Limited To Lease Lots Block Section 22, 28, 24, 2h 8 1 17 "8 1 24 31 1 14 35 1 7,8 14 6 Limited. Second Ave., Prince Rupert, B.C, ‘THE. IR OQUOIS POOL English and American Billiards Twelve Tables SECOND AVE Windsor Hotel | FIRST AVENU& AT CIGHTH STREET Newly F Furnished and Steam Heated ‘Rooms A FIRST CLASS BAR AND DINING ROOM IN CONNECTION a ne FRE EMPLOYMENT OFFICE : : For all kinds of help, cooks, waiters, dishwashers, hotel por- ters, all kinds of laborers or me- chanics, call up Phone No. 178 or call at the Grand Hotel Free Employment Office Headquarters for cooks & waiters | i i Silane ik an ROGERS & BLACK ~WHOLESALE DEALERS IN— '| Building Material, Cement, Lime, Hair-fibre Plaster, Coke, Blacksmith | Coal, Common Brick, Pressed Brick Shingles, Lath, New Wellington Coal ALL ORDERS PROMPTLY FILLED | See Us for Prices. . Plione No. 116) FRANK D. KEELEY | WHOLESALE AND RETAIL DRUGUIST Phone No. 200 P. O. Box 580) RATES 50 CENTS AND UP BATHS FREE TO GUESTS ROBT. ASHLAND P.O. BOX 37 \. J | Cor. First Ave. Hotel Central So5 FirssArs; European and American plan, steam heated, modern conveniences. Rates $1.00 to $2.50 per day. : : : Peter Black . . Proprietor Grand Hotel. WORKINGMAN’'S HOME Spring Beds, clean White Sheets 25¢ Rooms 50c | BEST IN TOWN FOR THE MONEY J. GOODMAN, Proprietor ar VICTORIA CAFE Lunch and Meals atall hours; Lunch lée, Meals 25c up—Come and See YOU CAN GET A SQUARE MEAL ANY TIME DPMS | OFFICE-H. B. Rochester, Centre St PRINCE RUPERT, B.C. PEPEPESGEE SEEN ESEEEEEE z FOPESESTESEESOTS i » McCUTCHEON ; q q + Cc + - + @ Carries complete stock of Drugs. Special 4 @& attention paid to filling prescriptions. 4) + +) + Theatre Block Puons No. 79 Second Ave. ik ee a Trees | LINDSAY'S CARTAGE m1 G. T. P. Transfer Agents Orders promptly filled, Prices reasonable Phone 6 Reilly’ s Bakery Lunch Empress Theatre Basement Cor. 2nd Ave. and 6th Street | }ston, 997. a Simpson and Mr. Tobie, (Canadian Press Despatch) Vancouver, May 18. It was Mr. McMordie and Mr. Sawle,| qecided this afternoon by the | 1590. City Council to ceiebrate Coro- Mr. Casey and Mr. Aldous, 1044. | natior Day by holding a monster Mr. Foster and Mr. Pettigrew,|parade through the city emble-| 1028. matic of the occasion Bats de Di MONROE meen an Of0y-V i PN Sexe ee a PP ALA LVL PAL AL NP AL FOR SALE Two Box Ball Alleys, 42 feet long; Wall case and counter, chairs, card tables, etc. $200 takes the outfit for quick sale. Apply H. E. ROSS, Empress Hotel Pool Room Third Avenue - Prince Rupert WANTED A local representative is wanted for a territory tributary to Prince Rupert to sell the hardy non-irri- gated nursery stock grown by the Oregon Nursery Company, Oren- co, Oregon. Liberal terms. Party must come well recommended. Perm res ADDRESS reece eres Oregon Nursery Company 3. Orenco - Oregon IO fs House of Good Values Just received these: Ladies’ Summer Skirts, all shades, $5 to $7.50 Ladies’ and Misses’ Wash Suits at Easy Prices Rig your boy out in clothes cheap, good and washable, this summer. Here are the goods: Boys’ Summer Suits From $1.50 to $7.50 New shipment of Ladies’ Whitewear |—COME AND SEE IT. We have everything in the Clothing line for Gents. ‘The House of Good Values | Magazines :: =E. EBY & Co. RFAL ESTATE Kitsumkalum Land For Sale B.C a | | | | KITSUMKALUM - CD Prince Rupert Lodge, 1.0.0.F. NO. 63 Meets in the Helgerson Block Every Tuesday Evening | All members of the order in the city | are requested to visit the lodge. G. S. JOHNSTONE, N.G. | H. MORTON, Secretary. F. W. HART UNDERTAKER & EMBALMER STOCK COMPLETE Little's NEWS Agency Periodicals :: TOBACCOS G.T.P. WHARF CIGARS FRUITS FOR SALE Lots 5 and 6, Block 28, Section 1. $3000, 25 per cent. cash, balance 1, 2, 3 years, 7 per cent, GEO. W. MORROW 1076 Nelson St., Vancouver, B.C. BILLIARDS and POO. as good exer- cise. Aclean sport, Ladies every afternoon. Newman Block, he- tween 6th and 7th Sts. TED MORRISON, Proprietor and Manager BOWLING, 4 Alleys. 7 Tables, sapour BROS. 3rd Ave. Phone 243 black ithe fortunate winners of a | di incing until an early hour. _|a one-inch hem at the top. Newspapers | "5 | top = —— x q sem eee j ee rs rs Ps es Ps Ps THE COSY CORNER =; DEVOTED PRINCIPALLY TO THE INTERESTS OF WOMEN | . | ed eh ek kt PP PP “ | This is a little section of the paper, which from day to day will be devoted | | to subjects of special interest to women, Any and all of the ladies of Prince Rupert are invited to contribute to its columns, and to take part in its Sug- | gestions and criticisms are invited by the editor. The hope is expressed that “The | Cosy Cerner” will fill a social need. } | discussions. : | Phe ribbon the the same cross stitch. about the color of the deep blue in the em broidery cotton. SOCIAL AND PERSONAL waist was exact | The Bridge Tournament arrang- ed by the members ‘of the Wander- ers’ Club last evening, was quite the aad ae social event PLANS INVASION f the Post-Lenten season. ie iad living room of Mr. H., OF CALIFORNIA Bacon's residence presented a bril- | liant appearance, dancing | Jim Hill Will Fight Harriman flames in the huge fireplace, and the Lines in That State subdued glow of softly shaded lamps, making a charming back- Angeles, ¢ lground for the many smartly] James J. Hill attired women and more sombrely |W ho has been carrying on a nation at ume al., May 18. the railway magnate, Los | clothed men. |wide war with the Harriman in- Mrs. Pillsbury acted as hostess] terests, is about to shift the se: ut} and was ably assisted by Messrs.|of war to California by seen |Simpson and Foster, who were] this state from the north-west, indefatigable in looking after the| where he is strongly entrenched, | comfort of the guests. Mrs. H. L.| according to the statement today | of Robert E. Strahern, vice-presi- dent and general manager of the Johnston and Mrs. McMordie were pair of exquisite toilet bottles. A} North Coast branch of the Ore gon | return match will be played at|& Washington railroad & Navi | | the residence of Mrs. H. L. John-| gation Co. ston on Friday evening, May 26th.| Strahern says that the Hint The following is a list of the|interest will rot invade Californi | players and their total scores: lfrom Denver, but that a great | Mrs. MecMordie and Mrs Johnr-|double track line will be laid from ston, 1228. Seattle south through the vast Mrs. Christie and Mrs. Spein,|lumber areas of northern Cali | 1052. fornia down to San Francisco ard Mrs. Morris and Miss Martin, | eventually on to Los Angeles 1050. . Mrs. Tremayre and Mrs. Me- WILL HOLD PARADE Lennan, 1140. Miss Milligan and Miss John- : nation Day Programme | Toronto, ; Portland, | tainable from the office her: et m Vancouver Decides on Its Coro-| Double Weekly Servi 5.5. PRINCE RUPERT and §.5. prin CE GE For Stewart, Sundays, ir 8.00 am, For Vancouver Victoria AND Seattle Mondays and Fridays at 8 a.m | ss. Prince Albert sails for | i son, Naas River Po Maes Naden Harbor, ev: wea day, 1.00 p.m and for: Refuge Bay, Skidegats Charlotte € ity, Lock r cofi, Jedway, Ikeda Bay Harbor and return vi Charlotte City eve; 1.00 p.m : The Grand Trunk Railway connecting with trains fro coast operates a frequer jient service of luxurious trains oy double track route between ¢} Montreal, Queix Boston, New York a Ph Information € Pacific Gi delphia. jtioned. Trans-Atlantic booki: | lines arranged. A. E. McMASTE R FREIGHT AND PASSENGER AGENT Coaaikas Pacific Railway Pee ML a & RAILWAY SUMMER EXCURSIONS . + PRINCE RUPERT Winnipeg ‘ Montreal For tuii inf J. G. McNab Genera! Agent Coast to Coast OCEAN TO OCEAN Tickets To All Points ROGERS’ Steamship and Railway Agency Second Ave. P} 11é ee | Groceries Provisions Fruits V egetables 2nd and McBride Telephone No 187 STAL SCUITS We have just re large ahi on ‘ Christie’ s Over 100 differs KER & WELLS a Met Pillsbury and Mr. Morgan, SAYS SECHELT WAS ALL RIGHT After the game a delicious supper was served which was followed 0 |Inspector of Hulls Would Give — - Her Another Certificate PRETTY SEWING APRON '. (Canadian lek Penal How to Make i it for Yourself or) Victoria, May 18.—That he con- for a Gift | sidered the lost steamer Sechelt a | |seaworthy vessel and suitable for An attractive contribution for|the route on which she was en- la fair is one of the new designs in | gaged, and that he would give sewing aprons. Nothing could be| the vessel ancther certificate today less expensive to make or simpler|if she were still afloat, was the of construction that one of these} | evidence given by Inspector of aprons, which consists of a straight | ‘Hulls Kinghorn at the investiga- piece of sheer dimity about a tion before Judge Martin this half by three-quarters of a yard morning. lin dimensions. Twenty-two inches \is a good length in order to allow for a deep hem at the end and for Three- | GREAT FIRE IN CHINA Forty Thousand Homeless | quarters oi a yard will give more| Damage Exceeds $20,000,000 than enough for the material to setae be gathered in at the top and cover | ithe skirt of the frock sufficiently. (Canadian Press Despatch) |Harbin, China, May 18,—Fire |Instead of gathering the top of jof an appaling nature has now |the apron to a band a one-inch ifoliowed the terrors of plague and ‘ribbon is simply run through the {amine in China. Reports from hem, this ribbon left long} the province of Kirin, say that }enough to tie in a pretty bowknot| 40,000 people are homeless as the at the back, with streamers tojresult of a terrible conflagration hang down over the skirt, which has done $20,000,000 dam- To trim this apron—which would | age, be too plain without any adorn- | — ment—a row of cross-bar stitching in a simple but pretty design worked at the top of the hem and |- perhaps bordering it down each s. s side will be extremely effective, provided the design is worked out in artistic coloring. One little pattern of the same design must then be worked upon the tiny pocket; for on every sewing apron there is a pocket. One apron of this model was embroidered in an extremely simple design of cross stitch in red and blue, while on Pantorium Pioneer Cleaners, "Phone 4 -INLANDER eee FOR eee HAZELTON Take the fast light-draught steam er Inlander for Hazelton, W. L. BARK! Architect Second avenue and Thi: Over Westenhaver Br MUNRO & LA Y ; Architects Stork Building, Secor STUART & STEWART ACCOUNTANTS Al Law-Butler Building Prince Rupert P< ALFRED CARSS, c. V of British Cotumbia ! and Manitoba Bars ber ‘ CARSS & BENNETI BARRISTERS, Notaries, £1 w Office Exchange block, corner on j Sixth street. Prince! WM. 8. HALL, L.D D. Ds DENTIST ‘ j s necialtf Crown and Bridge Work & >! ro All dental operations skilfully (reat age loca! anasthetics administered f oie traction of teeth Consultat Helverson Block. Prince Rupert > 1 HANDASYDE ¢& HUR' § AGENTS ©OR STERL, MACHINERY -ARD OCONTRAGC UNM b P.O, Box 436 - Office 3rd and Ful@ a cog nuPame P.O, BOX 2a on JOHN E. DAVEY TEACHER OF SINGING J PUPIL OF WM. FOXON, BSQ., A-H.A-M 10" GEORGE LEEK A MERCANTILE AGENCY COLLECTIONS AND REPORT : pest SIXTH STREET NCE ® Feel Fruit ; Produce WHOLESALE the pocket was a tiny basket in| H, B. Rochester Agent H. H. Morton - ard Av