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As our readers are aware, govern- ment employees, on reaching some indefinite age, are retired 1mm work, but continue to receive during life a h; n lsome stipend from what is known as the buperannuatiqn Fund. T9 make the‘mgtte‘r clea‘r,‘ permit institution of unalloyed good, or else as a subject of trifling importance? How comes it, we ask. that, in the noise and din of political life, no voice is raised against that most prolific mother ,oi corruption, dis- gusting pretension and vile dishon- estyuâ€"SUPERANNUATION? The an- swer is not tar to seek. Our free and enlightened electors talk only on those questions which they in power or they who hope. and expect to be in power, are pleased to intro- duce. Now such an ugly sink of iniqu1tv would certainly not bear even distant scrutiny, and ofthis our pudding~loving harpies, yclept poli- ticrans, statesmen, &c., are perfectly well aware. They take advantage ofthe fact that the ninety and nine never stop to reflect, but are roused like the bull by any red rag, or like the silly sheep, are lead unresisting away. In this foolish Bartholomew show ofa weild, they are the one that is mwr lost, for whose sole be- nefit the tender grass grows, and the purlinn brook habbles and flows. As our readers are aware, govern- ment employees, on reaching some indefinite age, are retired ironi work, but continue to receive during life a Amidst all the shouting, scream- ing and gesticulatmg about Provin- cial rights, extension of the Fran- chise, and other matters with high- sounding names, how Cumes it that an evil which is increasmg With the roll of years as the schoolboy's snow-hall, is completely ignored, or if mentioned at all, is treated as an Even as matters row are, it will soon be seen that any help given by other banks must be well paid for. Banks are not ph1lanthropical, and are notoriously imbued with that unamiable quality which makes men feel a sort of enjoyment in the misfortunes of their fellows. Ithas been frequently and justly complained, that there is too great a disposttion on the part ofdirectors of banks to keep the shareholders in the dark concerning their trans- actions. Of course, the remedy for this lies with the shareholders them- selves. But when, as is usually the case, the stock is distributed among many persons living in all parts of the country, it is not easy to secure that concerted action without which little can be efl'ecled. There is no. thirg, however, to prevent all inter- ested from obtaining full informa- tion on their affairs at the annual meetings. And this should be done both for the benefit of stockholders and 0f the public. Certainly, there would not then be so many shady proceedings. The cause of the trouble is not yet known for certain, no statement having up to the present been made by the directors. Rumor, however, has spread abroad several ugly re- ports. Lt has been declared that the stock has been copiously water- ed, that the greater part of it isin the hands of speculators_ and, what is worst 0t all, that money has been borrowed from the Bank on the se- curity cf its own stock. We advise our readers to put no faith in what at most is only assertion and suspi- cion, but to suspend judgment until an authoritative account is rendered of the Bank's position. In the meantime, there need not be the, slightest hesitation in accepting its bills, for there is every reason to be- lieve that the worst is over. Business circles in Toronto are justrecovering iron] 3 great scare caused by U16 rapid and sudden de- cline of Federal Bank stock. Less than oneyearago,the Fedenfl was rated aniung the first nionetary in- stitutions ot the Province. If we are correctly informed, the stock was quoted last August at over 170. To-day the same stock WOle hardly reahze 70. Tlns E a trmnendous tall. and it says much for the gener- alsoundness<fi ourinoneyinarken that the scare did riot beconle a panic. As it was, deposits to a large amount were withdrawn, nor did the tear and excitement abate, until the promise of assistance from other Banks was actually made good. RICHMOND HILL. Thursday, July 3, ’84 Foufil’iâ€"H. Rmfiblé May Dewâ€"May Dew A eucy Pruggistgâ€"E.M_il§er& ,0. NEW ADVERTISEMENTS. S UP E1? A NN UA TI 0N. THE FEDERAL BANK. V: J ANDREWS’ SHIAVING PAHLOR. 3 i N LORNE BLOCK} BERT.” ANDREWS. I Pronrietor. * BEST HAIR - CUT Cleanesi Shave 2 Thns. Sabin, Eglington, says. “I have removed ten corns from my feet with Holloway's Con. Cure. \Ve solemnly assure our readers that in the above narrative we have stated nothing but the bald truth. We tell them that tens of thousands of dollars are in th1s way annually squandered. \Ve repeat that, With the exception of those who are the heads of the departments. the den- sest stupidity is no barrier to en- trance in the Civil Servrce. And yet scarcely ever is a whisper heard against this monstrous sop to incom- petence and prodigality. What would a farmer or a merchant say, it he were asked to pension off his servants? The demand in this case could not be called wholly irration- al, for the wages of a hiredman lS insufficient to enable him to save. But sound economic principles are not to be set asxde by a justice that at most is only seeming and plans- ible. Get the highest wages you can, but do not build hopes on the expectation of aught beyond such wages. This is the language held in every kind of mercantile life, and it is just. Why then should govern- ment officials prove an exception ? Doubtless there is a necessity of red-tapeism, but to dispense that article does not require as much ability or responsability as is exact- ed from the lad whom his employer leaves for a few moments in charge of a store. The soldier or sailor who is crippled in the service of his country, should most sacredly be provided tor, and ll he dies in that service, want should never be allow- ed to assail those who were depen- dent on him. These, however,are the only two classes 01 subjects {or which a Superannuation Fund is either beneficial or just. There may be other isolated cases, but they should be closely scanned be- fore they are admitted. With these exceptions, such a fund is destruct- ive of honesty, fatal to industry and productive of foul disease in the body corporate. {I that? us to epitomize the life of a member ofthe Civil Servtce. \Ve take as a good representative, Augustus Lick spittle, Esq., son of old Billy LICk« spittle, a corporation boss, and poli~ tical toad-eater with cast-iron sto- mach. The aforesaid young gentle- man enters on his duties as soon as the obsequiousness, boldness, or brazenâ€"faced impudence of his friends in general, and of his father in particular, compels the govern- ment of the day to find him a posi- , tion. From the very outset, he re- ceives a very good salary which , does not fail to grow with the lapse of time. His duties are of the class styled ‘routine,’ and in only very few cases do they rise above simple copying. His hours are short, and care and anxrety are unknown to him, tor the law kindly secures him from the attacks of importunate cre- ditors, and nothing short of murder could make him forfeit his office. He spends all his salary, and as much more as gullible tradespeople will allow him. As we have just said, debt has no terrors for him, because, behind a broad shield on which are inscribed the words, ‘ The Queen's business must go on,’ he may smile serenely on landlord, but- cher, and baker. So his days glide peacefully on, choice food and fine raiment are his, old age holds no menace of impending poverty. It is true that he has not laid by one cent for a rainy day. Why should he. if all his days are guaranteed to be fare? It is true that he has had all that he could afford. and much that he could not aflord. But what of One morning there comes a knock at his door, a messenger en- ters with the tidings that a grateful country is so satisfied with his la- bors, is so solicxtous about his dear . health, that it is determined that henceforth he shall do nothing in- stead of little, but not the less shall he continue to receive plentifully of the wherewithal to make life sweet and pleasant. Thereupon Augustus Lickspittle retires to make way for a great friend and admirer of the dis- tinguished patriot and M. P. for Centre Frogdom, the Hon. Louis Beausoleil Crapaud. IN TOWN, GO TO FOR THE AND fig 55 <5. 3%. we. $3ng Call and see it. The second for the season. 25 per cent. less than Toronto prices. Mixed Paints, Brushes of all sizes, Boiled Oil. Raw Oil, and all Painter‘s Material, White Lead, LOW in Price; ' ' IMMENSE STOCK ' OF "IEUVIE'NITURE. WAL L. PAPER o PEOPL_E"S STORE TWEEDS, wnnsm commas, &c.‘.a, Cretonnes, Sheetings,,Cottonades, Shim'ngs, and a Mag- nificent Stock of PRINTS, Thankingr our numerOus Customers for past patronage, we will respectfully solicrt a contmuence of the same, as we pur- pose carrymg on our busmess as usual. Coffins. Cass- kot’s. and all kinds Of IQ‘ITNERAIA 1*‘ITRNISHING‘rS. A First-Class Hearse fur- nished at reasonable terms. FIRE PROOF I READY MADE CLOTHING ATKINSON. BUMPLETE STGGK 0F MiLLINERY SUGARS, SPIGES, TEAS, 800 FRUIT JARS IN PINTS, QUARTS & Pressed Nails, Cut Nails, Horse Nails AND ALL Spring Goods arriving daily, including a 1er1 assortment of NOTED FOR CORRECT PRICES CONCRETE HGUSE? urchased before the additional} duty came into effect. which, for Variety, Style and Lowness of Pl‘ice, cannot be excelled. ISAAC CROSBY. . WRIGHT & SON, GROCERIES, FLOUR ANJS fififib Of Best Quality and Best Value Just arrived, anotheristock of Of Best Qualitv at Cheapest Rates RICHMOND HILL, UNDERTAKERS. EXTRA VALUE .A.- WRIGHT 8r. SON- ALL LINES OF -â€"AI\I D THE . G. SAVAGE. ge and varied GALE.