Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1895-02-15
Canada's Finances
Are in DepIOrabIe Conditioner Def
icit of SI,OOO,OOO and an Increase of
SS,OOO,OOO In the Debt.

Are in a DepIOrRble Conditioner Def
lett of $1,000, 900 and an Increase of
SS,OOO,OOO In the Debt.
The Official Gazette published at Ottawa
Saturday shows the deplorable condition
the finances of the Dominion are in as
compared with previous years. In place
of a surplus of over 81, 900, 600 in the treas
ury, as there was at this time last year,
there is deficit of nearly $1,000 900,
which at the end of the fiscal year, it is
estimated, will reach S6,000,000; not alone
that, for in the debt as compared with Jan
uary of last year there is an increase of
nearly SS,000,000.
In parliament last session the minister
of finance stated that in view of the shrink
age in revenue with which he was faced, a
policy of rigid economy would be followed.
In place of that the expenditure has largely
exceeded that of last year, while in revenue
there has been large decline. 1t is adj
mitted on all sides that never in the history
of the Dominion have the finances of the
country been in as unsatisfactory condition
as they are at present.
Robbed of $4,000.
NJ. II. Spauding, young man employed
at the Adams cotton mills in Shelton,
Conn, was assaulted and robbed of $1,000
Saturday. He obtained the money at the
Birmingham national bank and started for
the mills on foot The funds were in a
bag. Two men followed him in a sleigh
and one on foot. The man on foot struck
him with billy and knocked him down.
The assailant then seized the money, and,
springing into the sleigh with the others,
drove off. Four toughs have been arrested
charged with the crime.
A Lumber Association with s70,OOO,-
900.
The Northeastern Lumbermen's associ-
alton was organized at Boston Saturday by
lumber manufacturers and forest owners
who represent an investment of SO, 000,-
600, embracing all the leading concerns in
Maine, New Hampshire, Vermont, and
some in Canada, New Brunswick and Nova
Scotia. +. j. Lawrence of Shawmut, Me,
is president of the organization, and among
the directors from Vermont are G. p. Ste
vens of Richford, G. IL. Fitzgerald of Island
Pond and c. II. Stevens of st. Johnsbury.
Flour May Be Sold at $500 II Barrel.
The three great -four mill companies of
the Northwest have entered upon a war of
prices that promises to bring the commod-
ity down to figure that, from the stand
point OF the miller, Will be ruinOuS. The
Pillsbury-Washburn flour mill company
announces a cut of II cents barrel, to
meet reductions by its competitors, the
Washburn-Crosby company and the North
western Consolidated milling company. A
cut to 50 is expected before another week.
According to the Boston journal 5000
children of Boston are denied instruction
in the public schools because of a lack of
accommodations.
An attempt was made to hold up San
Ia FG train near Overlook, |. r., Sun
day night, but the engineer thought all
was not right, and ran past water tank
at which trains usually stop. About 2C
shots were fired into the sleepers, but nc
one was injured.
Nashua will fight bitterly against the
| project to tap the Nashua river for Bos-
toms water supply 1t would annihilate
water power furnishing employment to 80,
600 persons and endanger the public health
by destroying sewerage outlets. The bis
mill corporations will take the matter be
| fore the United States courts. III deprived
of water the factories would have to move
South.