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Now, the first question this man referred to asked was, “What does ‘Gold Bond’ mean?" “I suppose," he continued, “it means that it is secured by real estate." though why he should have thought so I have no idea. A “first mortgage gold bond" merely means that the bond is a first mortgage on the property in ques- tion and that when it falls due its repay- ment may he demanded in gold if the bondholder so desires. Some years ago, when governments were less stable than they are new. paper money had a very uncertain valueâ€"sometimes paper cur- rency would not be worth 50 cents on the dollar. Indeed, during the war of the Rebellion in the States in the last days of the Confederacy, the paper money of the Confederacy was so discredited that a man paid $100,000 (in paper money) for a pair of boots, which he could have bought for $5 in gold. At that time peo- ple who loaned good money to corpora- tions did not like to feel that perhaps they would be repaid at the maturity of their loan in discounted paper currency or in silver coins worth 40 cents on the dollar. as Mexican money is worth to-day. So they made provision that they were to be repaid in gold and thus there came into existence the “gold bond." In Qan- ada at present it is merely a name With- out significance; but some day, perhaps â€"after a prolonged warâ€"Canadian paper money may not be worth 100 cents on the dollar. and then the term “gold” on the faoerort a bond will be a source ‘qf.deep “What does ‘and interest‘ mean?” was the next. question. The bonds to which the investor referred were quoted at 100 "and interest.” Peculiarly enough, his idea. was directly opposite the truth. He thought that it meant that. when he bought bonds now whose interest had been paid on July first he got the interest Every mother knows how fatal the hot summer months are to small children. Cholera infantum, diarrhoea, dysentry and stomach troubles are rife at this time and often a precious little life is lost after only a few hours illness. The mother who keeps Baby’s Own Tab- lets in the house feels safe. The occasional use of the Tablets pre- vent stomach and bowel troubles, or if the trouble comes suddenlyâ€" .as it generally doesâ€"the Tablets will bring the baby safely through. The Tablets are sold by medicine dealers or by mail at 25 cents a box from The Dr. Williams’ Medicine '00., Brockville, Ont. It 3 showed that many expressions Dpzzlinz to the uninitiated are such qr- dmary expressions of every day use 1n financial circles that it is extremely dif- ficult for a financial man to explain mat- ters to a layman who has had absolutely no experience in financial affairs in a few words. 7 7 A ‘ satisfaction to the owner; for gold is af- ways worth its face valueâ€"$20 an ounce â€"a.s 'it is the standard of value and it aloné does not. fluctuate in value so far as its cash price is concerned. SOME FINANCIAL TECHNIGALITIES EX- PLAINED. i‘l‘ho Man Who Thought the Term Gold Bond Meant a Bond Secured on Real Estate Made a Very Poor Guessâ€"“And Interest" Does Not Imply a Bonus for the Purchaserâ€"cults the Reverse. The other day a. man went. into a bond house In Toronto, and. before investmg. asked a. few questions about bonds. Whicb showed at once that he was entirely un- gcqualnted with that. form of invest. . The urticiel contributed by "lave-tor“ Ore for the sole purpose cf guiding pros: active investors, Ind. if possible. of “V. I: them from losing money through 130i"! it in “wi‘id-cat” eaten-prison. The partial and relinble character cl tho information may be relied upon. Th0 Writer of these article. and the publisher of thin paper have no interest! to la". In connection with this manor other tbn than of the render. ' MAXINE SAFE INVESIMENTS its creamy ingredients soothe and sonen Qhe outer skin, while the Witch Hazel netrates and heals the deeper tissues. lightful after shavi or washing. 25c. a. bottle, at you druggm'a. NATIONAL DRUG AND came“. co. of Cumin, Linked. 187 R sunburn, windbum, cracked lips, chaps, roughness or Irrit’aflon utter shaving, try , N A-DRU-CO Witch Hazel Cream (By "Investor.”) Malâ€"“No. She followed his own advice and got some one just as good.” Hazelâ€"“Didn’t Marion marry the druggist 2”__ “Now, after a, year on Grape- Nuts I weigh 153 lbs. My people were surprised at the way I grew fleshy and strong on this food.” Name given by Canadian Pastum 00., Windsor, Ont. Read the little book, “The Road to Wellville,” in pkgs. “There’s a, reason.” Prescribed Chainge of Food Instead of Drugs. It takes considerable courage for a doctor to deliberately prescribe only food for a despairing patient, instead of, resorting to the usual list of medicines. There are some truly scientific physicians among the present gen- eration who recognize and treat conditions as they are and should be treated, regardless of the value to their pockets. Here’s an in- stance: “I kept at it and gradually got so I could eat and digest three tea,- spoonfuls. Then I began to have color in my face, memory became clear, where before everything seemed a, blank. My limbs got stronger and I could walk. So I steadily recovered. I Ever road the abov: letter? A new on- appoars from um. to llmo. They an sonulno, true. and full of'human Interest. The Clan MacDonald; is probably the oldest and most famous of the Scottish clans, claiming descent from Donald, grandson of Somer- led of the Isles, in the 12th century. Somerled’s- name is Norse, “Sumer- lidhi,” summer-slider, that is mari- ner. He was son of “Gillie- brighde,” son of “Gille-adâ€"am- nan.” These two names are thor- oughly Gaelic, so that onthe whole Somerled may be regarded as a Gael ruling independently over the mixed Norse and Gael of Argyll- shire. Somerled died. in 1164. “After he examined me careful- ly he advised me to try a, small quantity of Grape-Nuts at first, then as my stomach became stron- ger to eat more. “I heard of a. doctor who had a. summer cottage near meâ€"a. speci- alist from N. Y.â€"â€"and as a, last hope sent for him. u Suppose the interest was paid in July. John Smith owned $10,000 of the bonds then. He had $10,000 invested and his 1n- terest was six per cent. Obviously if he sold the bonds on January first he would have received the full six months int-er- est for he would have just cut oil’ the January coupons. But he sells them in October first, let us say. He has had his $10,000 invested for 5 months, and so, of course. should get his interest for that length of time. He can‘t cut off the cou- Dons for they represent the whole six months interest. so the purchaser pays him his $10,000. and also the interest for ihree months at six per cent., or $150. On January first the purchaser gets his interest from the couponsâ€"$500, which, less the $150 he paid John Smith, leavs him $150 netgor six per cent. on his $10,- 000 for the three months from October first to January first. So his is not out of pocket. That is what it means to sell bonds at 100 "and interest.” Scemtimcs one sees that bonds have sold at 100 “flat.” In this case the bonds are sold at 100 and the interest for the three months-â€" or for whatever time it has accumulated is thrown in; but in that case the mar- ket price usually adjusts the interest. ’l‘hus. six per cent. bonds. which sold at 100 on the last interest date usuallv sell at 103 on the day before the next one, and back at 100 on the day after. “Four years ago ‘I was taken with severe gastritis and nothing would stay on my stomach, so that I was on the verge of starvation. from that date up to the present as a. sort of bonus. ;Yoshit0, Japan’s New Emperor, and the Young Empress Sada-1&0, From Their Mosf Recent Photo- graph. MOST FAMOUS CLAN. CAREFUL D0 CTOR. SUBSTITUTE. The "merry-go-round” is still with us. "merry-go-round" being the graphic de- scription applied to the Canadian horse racing circuit, under whose system On- tario enjoys or endures, according to the sympathies of the observing, a period of continuous racing. lasting from May un- til October. Toronto gets about a month of this sport and supports it handsome- ly. The fall meeting at the Woodbine is Not that “Jimmie' D111! is much.‘of‘- a. lion. Ordinarily he is as mild-mannered as one of the lambs that sports on his rich and prosperous farm up in Simcoe County. He is not ferocious in stature. for he is several inches under the aver- age height. But he must have a streak of iron in his soul for his full name is the Honorable James Stuart Duff, and his parents came from the north of Ireland. It goes almost without saying that he is an Orangeman. They say there is an Orange lodge on the corner of his farm, and that thanks to the antivities‘of the Dufl family it is one of the most aggresv sive in the province. 0n the stump and in the Legislature "Jimmie" Duff is a. ready speaker. The well rounded phrases that are the stock in trade of the stump- inz politician flow easily from his lips. He has a “straightfrom-the-shoulder" manner that can be depended upon to bring cheers from “the boys" on his side of the House. And he has a. jaunty in~ dependence that sits well. Strolling down from the Parliament buildings these cool evenings, with his hands deep down in his pockets, his hat setting close to his ears and a half-smoked cigar in his teeth, he makes a. figure that the Stranger looks at twice, though he might not guess he w§§_Minis_ter of Agriculture, "Jimmie" Duff’s c cs say he lacks ag- gressiveness-in the management of his department. But. at all events he is him- self a successful farmer. Politics are not his first love, though he has been in the House for fourteen years. But if you were to ask him, I think he would say he likes the game. His is a genial soul, to whom hand shaking and the other arts of electioneering come as second na- ture and of the qualifications of Cabinet timber vote-getting is not the least. These signs of the times fill business men settling down for another year's operations after the holiday season with satisfaction. One hears occasionally ex- pressed some nervousness about the real estate situation, but so far criticism has been directed chiefly ’90 the flotation of subdivisions far outside the city. The inflawd prices to which this class of real estate is raised by boom times is indicat- ed by the fact that some recently re- corded sales have been at prices which were no higher than those recorded in the boom of 25 years ago. Already, too, this term all records for public school attendance have been bro- ken and many youngsters have not yet returned to their classes. Early in the month the new record of 45,656 pupils at school on one day, had been reached, and it is expected that the figure will go ov_e_r 50,000 shortly._ Ae yet there is apparent no let up.in Toronto’s remarkable growth. Building permits issued last month were $2,000,900 more than for the corresponding‘period last year. And that these are not merely paper permits is indicated by the reports from all the building trades. Every de- partment reports record business. Nor is the total of building permits swollen by any unusually large individual struc- tures. The Union Station and Yonge Street Bridge are still in the phantom glass. The unusual feature of the build- ing activity is the great number of ex- tensions and alterations as distinguished from new buildings that are under way. Established businesses "are making money their trade is expanding and they are preparing to_t_ake care of the growth. With the season of fall falirs in full swing it is the turn of Hon. Jas. Dufl’. Minister of Agriculture in the Queen’s Park Cabinet, to step into the limelight. They say that he did not get hm share of attention at the Toronto Exhibitiqn this year, but there are other fairs in places where votes count. for more than they do in Toronto where he has ,been the lion of the occasion. I Toronto's Steady Growthâ€"Hon. James Dunâ€"Racing and Its Evils~Exhibltion Aftermath~critlclsm of -councll. TflRflNIfl CURRESPUNDENBE It's the CLEANEST. SIMPLEST. Ind BEST HOME DYE. one can buy-~Why you don't even have to knowwhnt KIND of Cloth your Goods ue made p(.--So Mistaken Ire Impossible. Send for Eree Color- Card, Story Booklet. Ind Booklet giving results of Dyeing over other colon. The JOHNSOE gfiAllDSQN 60.. Limited. Sent? foo-your We are open to buy or sell the following "JIMMIE" DUFF AS, A LION. MATTHEWS-LANG, LIMITED Canada Securities Corporation, Umltod MORE HORSE- RACING. ST. LAWRENCE FLOUR MILLS GOMPANY STEEL LOMPAHY OF CANADA, LIMITED Montreal, Tonnes, London. Eng. BONUS Moâ€"nneal. Canaan. [ONE WIMALL KINDSWW‘ September Us! I VSocialmrefortnex-s, who would abolish racing and the gambling that is rampant ‘in connection with it, seem. for the pre- ‘sent to have run into a street with a ldead end. The game was probably never Eas flourishing as it is in this year of grace 1912. And the serious-minded won- ?der how long the country is going to put ‘un with it. An interesting incident was _furnished the other day when Mr. Abe Owen and one or two others pleaded guilty in the police court to taking bets Ioontrary to the law and were fined $1.900 [each The annouimement furnished a Wlld ‘gasn of surprise. Not because anyone !doubted the existence of illegal betting, !but because anyone, particularly Mr. lOrpen, had been "caught with the goods.” IBetting on the ponies is an everyday in- cident to hundreds of Toronto workmen and others who can scarcely be described. In a factory some one man takes the ;bets. Where he places them the others imay not know, possibly do not care. They are hanpy if the horse they backed wins. which may not be often. The bets are paid promptly. Of course all this is illegal, bu_t_ it is not being stopped _ The serious defaloations of two bank clerks gave some promise.of lifting the lid from a serious canker. but nothing came of it, and the canker remains. The youths were the victims of crookedness, and some one made a killing. Who, no one professes to know. Whoever it was took unnecessary chances. Because there is no game harder to heat than horse-racing, even without. dishonesty. And there's al- ways a steady supply of young lambs and old ones too, ready to be fleeced. DISSENSIONS IN EXHIBITION BOARD. The stories of dissension in the Board of Directors of the Exhibition Associa- tion continues. It is fortunate they did not leak out until after this year‘s fair was safely past, but the trouble may not be smoothed over in time for next year. The most interesting rumor is to the ef< feet that there is a. plan on foot to sup- plant the two present vice-presidents, who, in the ordinary course of events, would look for promotion and elevated to the presidency Mr. J. C. Eaton. In many re- spects Mr. Eaton would make a moat ac- ceptable president. He is a cordial sup- ~~orter of the Exhibition, and if he were in the chief executive’s place would. no doubt, revolutionize many things, not only by reason of the resources he has at his disposal, but by his remarkable capa- city for_orga.niza_t.iqn. les's crowded and less gay than the spring function, but it is in its way quite as impressive. It provides the same cross section of society. ranging from the black leg to the society leader. It pro- vides the ladies who go in for that,sort of thing the first opportunity to display their new autumn gowns and millinery. Happy is she who has a fresh outfit for each day of the function. But it is natural that the two men now in the vice-presidential chairs Mr.- Noel Marshal and Mr. Joseph Oliver, should expect some immediate reward for the hay-d work they hayeAput _in._. In connection with the election of the Board there is generally a. good deal of intrigue and wire pulling. A year or two a. member of the Board gave offense in some quarters, He had also ambitious. but when the next election came around he was quietly knifed. The mysterv is who knifed him? Under the circumstances the exhibition has been fortunate in its selection of omcers from year to year and that it continues to be served by public-spirited citizens. ATTACKING CITY COUNCIL. Criticism of the methods and personnel of the City Council has been growing in volume throughout the year. One of the local dailies has started a campaign of systematic attack. Day after day its columns contain violent charges of incom- petence or worse, while its billboards all over the city blazon the same message. Other papers confine their criticisms to particular sections of_the_.‘co‘uncil. Consequently there is likely to be a. lively contest next January. But the sur- "prising thing is, how few are the changes in the personnel of the Council from year to year, and it is doubtful if this year will be any notable exception. When a man gets to be alderman he gets so much free advertising by having his name eon- stantly in print that he builds up a repu- tation which makes his reelection al- most certain. Even criticism in a city as big as Toronto, where the candidates can know personally only a. small fraction of the electors, seems to help him. Uncon- scioust he gets the reputation of being a big man. Unless he” makes some mis- take or is dishonest, which rarely hap- 911 Sf-Lawrence', Blvd Catalogue (English edition) containing the Hunting By-Laws free on request. 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Which, to many observers who believe that the cure for the evils of de- mocrawy is more democracy. is a. thin: to be thankful for. There is a firm in Toronto who give hun- dreds of men and, women an opportunity to earn from $250.00 to $1,500.00 every year with but little effort. This firm manufac- tures reliable family remedies, beautilul toilet preparations and many necessary household goods, such as baking powder. washing compounds. stove, furniture and metal polishes, in all over one hundred preparations that every" home use: every day. Just one person in each locality can secure exclusive right to distribute these preparations to their neighbors. They pay 100 per cent.. commission to their agents. Write and. secure sole agency be- fore it is too late. Address The Home Supply 00., Dept. 20, Merrill Building. To- ronto, Ont., for full particulars. Without adversity a man hardly knows whether he is honest or not. â€"Fielding. TURN YOUR TIME INTO MONEY