davidaulloa/AmericanStories huggingface dataset:
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

MONEY TO LOAN-On farm mortgages as
lu well as loans on other real estate, Also
on collateral securities at satisfactory rates.
Farms and all kinds OF real estate bought and
sold 1. P. BUTLER. so Exchange street.
23-4
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
MISCELLANEOUS.
MISCELLANEOUS.
RAYMOND'S
VACATION
EXCURSIONS.
ALL TRAVELLING EXPENSES INCLUDED.
Grand Tour by
SPECIAL TRAIN
THROUGH EUROPE.

party of limited numbers, will leave New
North German Lloyd Steamship "Havel,
and be absent 124 days in delightful round OF
travel through Denmark, Sweden. Norway.
TO the North Cape and the beautiful Southern
Fjords Germany Austria Hungary. North
ern Italy, the Italian Lakes. Switzerland,
EngIand Hamburg Copenha gen. stockholm,
Christiania Berlin, Dresden, Munich Vienna,
BUDAPEST Venice, Milan. Amsterdam, Brus-
cities and art centres are included in the tour
special European party will leave New
York April by the French Line.
Send for descriptive circular.
RAYMOND & WELCOME,
2e6 Washington St, Opposite School ST.,
Boston.
mar17 DIT
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

Forty words inserted under this head
one week for rs CENTS cash in advance.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

II OST-On Thursday evening March 18th, on
IL Congress, Pine or West Street, an envelope
containing a large sum OF money. The finder
will be literally rewarded upon returning same
to WILLIAM X. NEAL No. SO Exchange ST.
I'LL
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
FOR SALE

Land and brick house, No. 129
Park street, Portland, the resi-
dence of the late Edmund Dana
Jr. For terms, ETC., inquire OF
George e. Bird, ass Middle ST.,
Portland.
feb23-eod1m
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

"ANTED-To call az your store or house
iron rubbers, bottles, metals of all kinds. II
YOU have any of the above please drop me
postal. Address G. B. WISH. 100 Green
street. CITY, 11-lu
DARTNER WANTED-With capital in a
i well-established business. Address L.,
this office. myl4-u
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NOR sALE-Seashore farm at Wells Beach.
L so acres, cuts 90 tons hay, fine buildings.
nice grove near depot. store, etc; worth $4,000
will sell for $4,000; great bargain }. ID. Wells,
Wells, or N. B. TRACY, Real Estate Agent,
Odd Fellows Block. Lewiston, Me.
10 2&w2w
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
FOB SALE.

Forty words or less inserted under this
Head for one week for 25 cts. in advance.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
FUR CAPES.

offer for sale a choice
selection of high grade
Capes of the newest styles
at prices considerably low
ertnan winter markings.
Purchasers will obtain a
good investment and en-
low the comforts of an in
dispensabIe garment by
SECURING ONE NOW.
Seal, S35. 60 to $40 90
Mink, $500 1880
Persian, 5000 $500
RGarten, Go. 90
Monkey, 22.5O $500
Astrakhan, 1900 $500
Furs stored. Furs Repaired.
SUPERIOR WORKMANSHIP.
l.. II. SCHLOsBERG,
Free Street.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NOR sALE-At Old Orchard. a two story
IL house. containing IL finished rooms, con-
venientfor two families. with good woodhouse.
Land extendi ng from front to back street. af-
fording good garden Location near electric
cars and Methodist Tabernacle. Apply No. 81
Union avenue. 1914
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

ITO LET-The fourth floor in our building,
Il space 65x7o feet, with heat, power and
use of elevator. First class location for manu-
featuring purposes. Inquire of MEGQU1ER &
JONES, 80 Pearl ST. mar2M
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

EoR SALE-Four acres of land under good
Il state of cultivation, with barn. in Deering.
near Capisic Pond. Price $3.50. JOHN F.
PROCTOR. Centennial Block. 141
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
WIT AND WISDOM.

He wondered.
Mother-The paper this morning has an ac-
count of boy who was drowned while skating
on thin ice.
Little son cleaning up his skates)-Too bad.
I wonder if he was related to the poor little boy
who was killed by the trolley while going to
schOol?-Street and Smiths Good News.
Ponds Extract, for both men and animals. In
all swellings of the joints, whether arising from
disease or accident, it alleviates the agony.
Economical Thoughtfulness.
Mrs. Isaacs-Vake up, Isaac; burglar is try
in to get in.
Mr. Isaacs-Vell wait till he opens der window.
undt den I shoot
Mrs. Isaacs-Vy don't you shoot now?
Mr.. Isaacs-Vat! undt break bane of glass? ?
Puck.
When Baby was sick, we gave her Castoria,
When she was Child she cried for Castoria,
When she became Miss she chung to Castoria,
When she had Children, she gave them Castoria,
Mrs. Mulcahey (whose husband has made
money on street cleaning contracts) -Yez'll hov
to tell TIL furnitoor man to come an take this
soideboard away.
Mr. MuIcahey -Phat's tn matty wild it?
Mrs. Mulcahey-Phoy, tn glass is thot low OF
can't see to comb me hair in it.-Puck.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NOR SALE-We have a fine assortment of
Il plants; just the thing for an Easter present
dance. BENNETT, the Florist, $40 Congress
street. 10
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

nor SALE-We shall navel for Easter "a
great variety of cut flowers which come
fresh from the growers; also plants in blossom,
Our prices will be very reasonable this year.
BENNETT, the Florist, $40 Congress street.
191
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
WANTED.

VNANTED-You to know that will remove
w your ashes, old papers and rubbish 70 suit
you and at fair price. All orders sent me
promptly attendedto. G. B. WISH, 169 Green
St mar2dtf
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

WANTED-A young lady wants work, pay
w no object, but cannot do homework.
Address A. B. B., Box 361, Cumberland Mills,
Maine. 16-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
TO LET.

Forty words inserted under this head
one week for rs cents cash in advance.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

sDC men; send for Columbian lPen Holder;
sample 1Oc, Address P. o. Box 955. Portland,
Ma. 1911
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

VIZ November LIST. an unfurn-
w ished apartment of three or four rooms
on ground floor with large yard adjoining must
be in private house and pleasant locality on
line of street cars. Address QUIET, this Of
fee. i26-4
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

THO LET-By the Goodwin Invalid Bed At
l. tachment Co., the best and easiest bed for
those suffering from paralysis, broken limbs,
ETC., or bedridden people. Bed endorsed by all
physicians. Inquire at 421a Exchange street.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

TroR sALE-woodfords nice cottage and
Il stable in perfect repair, with orchard and
two acres high land overlooking Portland; Sc
bago and street cars pass the premises. A rare
opportunity for pleasant home for $500, to
close an estate. Half cash. w. FL. WALDRON,
$50 Middle street III
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

WANTED-An persons in want of trunks or
w bags to call AZ E. d. REYNOLDS, 556
and 55S Congress street, corner of Oak. as we
manufacture our goods and can therefore give
you bottom prices; trunks repaired; open ev-
enings. Id
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

VXTANTED-Stable manure. CASH paid.
w Address w. W. DAVIS, East Deering,
Me. 19tf
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

r OST-On evening of January 10th, an Elk's
IL head pin with crystal. Will finder please
leave at this Office and receive reward.
1911
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
CLOCK REPAIRING.

\ HAVE made speciality of clock repairing for
NV prices are reasonable my work strictly rstcass
Drop me a postal and l will send for your clock.
MCKINNEY, the Clock Maker, 459 Congress St,
Monument Square. sept4dt
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
WANTED-AGENTS
GENrs-po Won know Alumni

Forty words inserted under this head
one week for 25 cents, cash in advance.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

Ponds Extract, for both men and animals. In
all swellings of the joints, whether arising from
disease or accident, it alleviates the agony.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

EOR sALE-Farx 200 acres. half moving
Il and tillage, bslance wood and pasture,
two story house in perfect repair, and barn for
100 tons hay; located Il miles out. near rail-
road and village; great bargain to settle an es-
tate. w. II. WALDRON, 1870 Middle st. 16-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19
NEUTRALITY-SUSPICIOUS..

Forty words inserted under this head
one week for rs cents, cash in advance.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

EOR SALE OR TO LET-House No. SO St.
Lawrence street, near Congress St.; good
stable connected Price to rent $500. Posses
sion given April LIST. JOHN f. PROCTOR,
Centennial Block. 14-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

EOR SALE-A row boat 16 feet long. Is all
cushioned and has new spoon oars and
patentrow locks, grating, etc. address BOAT,
this office, for particulars. 14-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NOR SALE-A lot of secondhand store
II lamps mammoth and small size. They
have been repaired and are scoods as new.
Mammoth complete $780, worth $3.50. E.
SWAZEY & CO., 273 Commercial street. 15-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

MONEY TO LOAN-On real estate, mort
NA cages, personal property commercial pa
fty. Inquire of A. c. LIBBY s. CO., 421s Ex-
change street. liza
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NEUTRALITY-SUSPICIOUS. as. travelling salesman
w with live grocery jobbing house by a re-
liable experienced business man, competent to
handle this line of trade. Address PUSH,
Press Office. l3-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

yx1ANTED-Situation as clerk or bookkeep-
w er by young lady who has had exper-
fence. and can furnish best references Address
BOOKKEEPER, Press Office. 141
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

u OR SALE-At Morrilrs Corner, Deering,
IL house and stable, an acre of land nice soil,
fruit trees, raspberry and strawberry vines, Sc
bago sc. Apply to G. w. York, rear OF 81
Preble or 8 Avon st. III
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

UTANTED-Detectiv C. III. Vincent, 1891
w Middle street, Portland. First-class ref
erences; terms easy. AL
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

CAFE WANTED-A small or medium
y sized safe, in thorough condition. State
dimensions and price to SAFE, Press Office.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

ENOR SALE-5O acre farm stock, tools and
IL hay. 8 LIZ miles from Portland on road De-
tween Portland @nd Yarmouth at head of
navigation on Pres umpscot river in Falmouth.
Inquire of j. WIN. MERRILL, Falmouth. Me,
4 16-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NTANTFD-A man of good address and APP
w pearsnce in each city in Maine. to call
ital of S15 required. Address DIRIGO, P. o.
box 955, Portland Me, 1871
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

rryO LET-Brick house, No. Deering Place,
containing 10 rooms. Apply to Benz.
SHAW, 61h Exchange street, or d. +; NC
ALLISTER, No.4 Deering street. 6-u
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

TOR SALE-Farm containing 12O.acres, well
Il watered. 2 story brick house. 2 large barns,
chard containing 800 apple, 100 pear. rs
small fruit trees, splendid stock with farm. 10
miles from Portland. Inquire of M. P. FRANK,
1876 Middle ST.. Portland or A F. WINSLOW.
North Falmouth. Maine. 1872
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

EGGs FOR HATCHING+Pure bred White
T. Leghorns and Plymouth Rocks at reason
able prices Call on OF address T. H. RIPLEY,
26 Oak St., Woodfords. 16-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

DARN FOR SALE-New house for two fam
IL lilies. barn 4Ox12O, stable 40x45, running
water in buildings, large milk route can run 80
APPLES YEAR large amount of tim timber and
wood, cuts $50 tons hay, pasture ample for 100
cows. /. P. BUTLER, so Exchange st. 49,
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NNTANTED-A young man to drive delivery
w team. GEO. G. SHAW, 585 Congress
street. 1871
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

COR sALE-The new schooner Low of IL
tons. Inquire of JOHN M. FREEMAN,
IL Exchange street. Portland. Me. 14-l
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

EOR SALE-Elegant country residence with
II every modern Improvement, wide verandas
on three sides: laundry, dairy room, ice house
and large refrigerators; superior outbuildings
including f1lie large stable; water in kitchen,
laundry and stable; ~ acres of land yielding
tensive ocean views; located within SIX minutes
walk of a manufacturing village and railroad
station II miles from Portland. Must be Ak
retired merchant. W. H. WALDRON, $50
Middle street. 142
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

want to sell qf my aes
ing Peaks Island, Me-. consisting of lease OF
farm and buildings, coal and wood business,
milk route. q cows and market gardening,
also stock and tools, horses, cows, wagons
and farming tools, etc. Good reasons for SELL
ing. For particulars, address. OAK COTTAGE
FARM, Peaks Island, Maine. 1871
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

w office on Exchange street. Must write
well and furnish good references. Address Post
Office box 457. 17-1
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

NOR SALE-Dog Collar plates. Very best
Il quality OF German silver, with name, ad-
dress and license number, Soc, Brass POO.
Very neat and durable. SOUTHWORTH
BROS I'll
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

mo LET-A first class furnished house on one
L of the most desirable streets in western
mart of the city. Rent reasonable to the right
fpensnt from june 1st to November LIST. W. 81.
WALDRON, $50 Middle street. l5-l
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-03-19

EOR SALE-Stock or Milk Farm. 8 miles
Z from Portland. 80 acres, 40 field, rest
pasture, 1875 fruit trees, Iold-fashioned two
story house. good barn 42x72. water in house
and barn the year round, $500, down. Address
W. E. WINSLOW. West Falmouth. Me. 17-24
The herald., 1894-04-09
DIR. WONG HIM
HERB DOCTOR
639 Upper Main Street, Los Angeles.

Los ANGELES, Cal, June IL, $780,
To THE PUBLIc: have been suffering with
piles and kidney trouble for over five years,
and have tried several reme1ies, but all failed
to relieve me. short time since l tried Dr.
Wong Him, 639 Upper Main street, and | am
now well and strong, and consider him frst-
class doctor. Yours truly,
w. H. HILIYER,
235 S Hill ST., Los Angeles, Gal.
The herald., 1894-04-09
Proposals for Painting Los Angeles
County Jail and Bridges,
OTTIcE oTTHE 1ls BOARD Of SUPERVISORS

OFFICE oFTHE BOARD OF SUPERVISORS
" OF Los Angeles county, California.
Sealed proposals for painting Los Angeles
County Jail and the following bridges win be
received by the Board of Supervisors Of Los
Angeles county, California, up to 2 O'clock p.
m. of April 1S, 1894, namely:
l. County JAIL two coats.
2. Foster bridge across old San Gabriel river.
g. Old Mission bridge across old San Gabriel
river at old Mission crossing.
A. Com Dinatiou bridge at DEVILS Gate.
8. 75-foot bridge on the Santa Susanna pass
road.
g. Ventura stage road bridge near Twelve
mile house on said road.
All bridges to receive two coats of metallic
paint
For further information relative thereto ap.
; ply to the clerk of the Board OF Supervisors.
Bids to be accompanied by a certified check
in the sum OF 10 per cent Of tie amount Of
each bid.
The board reserves the right to reject any or
all bids.
) BY order OF the Board of Supervisors of Los
Angeles county, California.
TIL. WARD,
County clerk and ex-ofiicio clerk OF the
Boardof supervisors.
By G. w. BELL Deputy. IA lot
The herald., 1894-04-09
Annual Meeting and Election of the
Los Angeles Board Of Trade.

OFFICE OF THE LOS ANGELES BOARD OF
" Trade, Los Angeles Cal, March "a, 1894.
Notice is hereby given that the annual election
by the members of the Los Angeles Board OF
Trade OF six directors to hold Office for one
year and until their successors are elected and
1894 at the rooms of the board, 307 W. First
street. in the city of Los Angeles, Cal. The
polls will be open from am. to PIN. on said
date.
The annual meeting of the members Of the
board will be held at 1880 pm. on the same
date in the rooms OF the board to hear the
reports of the officers for the fiscal year end
ing March 81 1894, and for the transaction of
such other business as may legally come be-
s-24 III GREGoRY PERKINS. JR.. Sec.
The herald., 1894-04-09

Los ANGELEE, June 8, 1893.
To THE PUBLIC For over five years have
been troubled with nervous sickheadache and
liver complaint didn't seem to dnd any help
from the many doetoIs and medicines that i
Main street. am now we'll. Yours truly,
MISS n. @. BROCK,
AZ Hinton ave, Los Angeles, Cal,
The herald., 1894-04-09
IAN FAMILY SOAP.
Notice.

OFFICE OF THE SAN. JOSE RANCH COM
~ pany, No. lis South Main street, Los An
geles, Cal, March 20, lSg4-
The regular annual meeting of the stock
holders of the San Jose Ranch Company viii
pc held A. the company's oilice, No. 1lS South
Main street, Los Angeles city. on Monday. the
10th day Of April, 1894, al 2 O'Clock p n, for
the purpose of receiving TIE annual reports of
the President, the General Manager and the
seorctsyy Of said company, for the election OF
The board Of Directors for the ensuing year.
and for the transaction Of such other business
as may properly Come before said meeting
". 4. GORDON,
$3.50 lot Secretary.
The herald., 1894-04-09

1t will be an agreeable surprise to
persons subject TO attacks Of bilious
collie to learn that prompt relief may be
had by taking ChamberIain's Collie,
Cholera and Diarrhoea Remedy. In
many instances the attack may be pre-
vented by taking this remedy as soon as
the first symptoms OF the disease ap-
pear. % and so cent bottles for sale by
of & Vaughn, Fourth and Spring street !;
@ F. Heinzeman, 222 N. Main street,
druggist.
The herald., 1894-04-09
Southern Pacific EOnlsnY

IMPORTANT CHANGE or TINE.
FEBRUARY 25, 1891
Trains 'eave aud are due to arriyea
LOS ANGELES "a RCADE DEPOlD Y
Fifth street, daily, as follows.
The herald., 1894-04-09

SUNDAYS only. Asundavs excepted.
CATALINA ISLAND.
Southern Pacific Company's trains connect
at san Pedro with u ne steaner FALCON.
The herald., 1894-04-09

GoUTHERN CALIFORNIA HALLWAY
- Cp. tSanta Fe Routel
~ EFFECT SUNDAY, FEB. IL, 1894.
Trains leave aud arc due to arrive at Los An.
geles Tia drHnde station) First st. and Santa
re ave.
The herald., 1894-04-09
Glimpses Of America

Which THE HERALD distributing sad
commentary popular scenery
country that lands probably
West
ignorance the Incompatible the impressive the truly
wondousy diversified country because Gimpses of America
album comprising grandes sublime
beheld Every of America
this complete collection photographs pictures
being mperfecty cumsy oonotes
being
reading Gmp America
pictorial history the charming country gorg
graphs No before such marvellous heoype jewels these
crand glorious and beautiful beyond imagination Of these
marvellous photographic productions "Gmp of America and
be other publication the being
toa of
The herald., 1894-04-09
TH5EIITTLE BROWNIES

kindly children imozed tales
recently taking the wild and picturesque
America The idea delayed undoubtedly them
age, the magnificent Photographic scenic serial entitled
The herald., 1894-04-09

For good table wine order our Sonoma
Zinfandel at 50c per gal. I. Vache & Co.,,
Commercial and Alameda. Tel. 300.
The herald., 1894-04-09

nR. WONG HIM, who has practiced medi-
~ cine in Los Angeles for 10 years, and
treat by medicines all diseases OF Wouat H. men
aud children. The doctor claims that he has
remedies that are superior to all others as a
trial alone will convince the SICK that DR..
Wong Him's remedies are more eficacious than
can be prescribed. DR.. Wong Him is Chinese
physicisn of prominence and q gentleman OF
responsibility. His reputation is more than
well established. and all persons needing his
services can rely upon his skill and ability. At
cure is guarante eed in every case in which a re-
covery is possible. Herb medicines for sale.
The herald., 1894-04-09

The wall paper dealer Of the city is Eckstrom,
3c9 3. Main st. s tl.a
The morning call., 1894-03-18
INTEREST AND PROFIT.

writer in the arena takes the ground
that rent on houses and interest on money
should be made Uncollectible. He shows
that interest is accommodating the property
of the country into a few hands. The
statistics he gives warrant his conclusion
in respect to the accumulation of property
IN few hands, but do not warrant the
remedy he would apply. The use of money
is worth something, and il worth some
thing it is but just that the borrower
should pay wat such use is worth.
The article derives its principal value
from its consideration of she average
profits of business as compared with the
increase of capital when loaned out at cur
rent interest on good security. Does
money command higher rate of interest
than the average profit of business
through a period of years justifes? If it
does there is loss to the country in i'm
porting capital and paying thereon the
current rates Of interest. In periods of
prosperity there may be a profit in hiring
the use Of money. But the losses during
periods of depression often engulf the
profits Of much longer periods of pros
perity. Credit is like child's structure
of corncobs, something happens to knock
out one support and there is a general
tumble.
In the United States foreign capital gen.
orally prefers fixed returns. 1t does not
often take the chance of business. A mil
lion of foreign money can always be had
for mortgage on two millions worth of
property, with the stipulation that interest
shall be fixed charge, to be paid whether
anything else is paid or not. Many of our
railroads are bonded in this way with the
frequent exceptions that the bonds issued
are vastly in excess of the value of the
property bonded. The rate of interest is
one OF the matters upon which legislation
spends its force in vain. Men worth
money will get the rates that men without
money will agree to pay for it. The rate
depends in part upon the nature of the
security. United States bonds have struck
bedrock rates. Men who see fair pros
pect to make money from the use of money
help to keep rates above their true value.
The true value is obtained not by COM
parison of profits with interest during a
boom period but by comparison covering
long periods of time. The Arend writer
shows that the silent working of money
in the last thirty years has been more pro-
ductive to lenders than the use of capital
10 business