1911-07-22 — Page 8

WHY LONDON IS THE

CENTRE.

Threadneello Street."

There

is a

room whore

it

THE HONGKONG TELEGRAPH SATURDAY

Since then the ex-broker las

JULY 22 1911

Л

She got into tho swing and,

tion boing worth nearly twouty-an owes meney to an American. are shovelled out to the customer sparé cash into his projects | money-taking machine. This is very reluctant to clvingo unless he gave lier the cluice bits of ment'.

Good or

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31-2 plate, which only was to a bright blaze, he looked at her. favoured for a short sonson. The face. "Whore is Snowbird?" bo popularity of the pocket camera. asked.

London the Place for Big the subscriborn who had hazarding the necessities by the aweat perfectly. It is true that many This is simple enough, but

Borrowing something a good deal more com-

ed their shillinge realized large of their brows or the exercise of claim the 31-2 by 21-2 plate to be gradually working up spood, plex usually happens to a bill on John Bullled the vas of materiali d

their mental powers, it is posscs too small for pictorial valus, but swung far out over drop water. prices for shares of their primary sion of material things that directely the plan witiel is often recum Then she told Showbird to London. The American cotton progress. His fluid capital ou

lind and brain. 7 When a visitor is taken over buyer always draws his bill in ubled him, also, to invest money company.

monded, that is to print on paper got in and take a swing. So the Bank of England, after produplicate. No. 1 goos to London at good interest in the industrios

With many workers, the only one size larger than the original Snowbird got into the vine swing por introduction, he is shown with the bill Inding. No. 2, of other countries. For half made an excellent income do desire is to possess enough to com- (with a mask), quite presentable and, happy as a child swung out fortably meet the common noeds; pictures may result. For the as far as she could. Swiftly tho various intorosling dotails in the which is mudo to guard against contury ho has been the world's business of the "Old Ladly of loss of No. 1, can be indorsed with fin uncial uncle and will probably sloping other projects along the to keep from boing hungry and inanteur who takes a real intorost old squaw cropt up bolind her his own signaturo, signifying that continuo the relationship for no line. It is through those homeless. With many others, it in his hobby use a camera giving with bared knife and when Snow- he will pay the amount himself if long time to come.

primary companies that John is thus in the beginning, but, a picture which in size is bird was far out deftly cut the necessary; and it is then put into London deals in money just s8

sess, aided by new measures of terosting without enlargement for A great deal frightened, sho automatic machines weigh bach circulation at a safe, convenient does in any other staple. The Bull develops mines, plantations little by little, the desire tu pos- sufficiently important to be in vines and lot let her drop down.

and proporties all over the world, possession, assumes the captaines. the best results.

made for home and, putting on goldpiece coming in from cirona- and highly desirable piece of in- bank clerk thoro dips a brass scoop

into a tray full of goldpieces and Tho ex-broker's clientele of in- Then we see the sand and disas

Size of Plates- tion, throwing out the light ones, tornational currency.

her daughter-in-law's garmonts, Workers who liavo adoptod

sat by the fire, hiding her face. In the printing room tho pro

This second copy of the bill is weighs out the sum wanted investors is mundo'up of people who trous transformation of a man speroits Old Lady makes her

into a more money-making and corain size of plate are often When Brown Boar returned home banknotes, the lowest donominan memorandum dat du English stead of counting it. Sovereigus

Loudoun he brings thom to thoma sight-all too common in our with a view to portability. It is im his day's hunt, thinking thint aho was Snowbird. She was so five dollars. In her old note payablo to London. The world like so much sugar,

emarkable how certain sizes are office she hoops those that have at largo is always owing London banks areas plain and mercantile They understand that a given age.

Moro than any other hostile in favoured for a season and then cross that Brown Boar felt uncom comes back to the bank, for a so much money that there will be in their appegranes us our big project may be either a success! porici of five years, in case they firms in any country roady to buy goods jobbing cases; ut or a failure and ask simply that acnee, this madness for pusses discarded. The introduction ifortable and got quickly out of the

wigwan hion, stands in the way of the the 5 by 4 plato from Amoric. Bink of England itself has a ataid

The little orphan boy had beon are waited in ovidence. In anis memorandum to pay some

anno years ago brought it into ather coum the visitor is permit debt of their own in London, linginess in most startling east be honestly inanugod. One making of right lives. More than

trast with our own ornate financial bit of double-doaling would des any other onemy to character prominence, and croated a de-watching the figure by the firond to hold for a moment a By using it, they avoid shipping institutions, John Bull feels that troy his following, but an honest building must we fight this falso mand for two or three years, and he nudo up his mind that it was bitadle of notes worth a million gold and so make their payment

concessions are unnecessary failure never. It is said that guido which so cunningly socks then followed the post-card 5 1-2 not Snowbird. Stirring the fro sterling and to lift a sack of more conveniently and cheaply whoover has a project to fimuco, aluost any business man with a

tho mastory. >vereigus.. In the dividend The bili travels around the sell or borrow on is certain to

For the true end of man in this rational projest enu form one existence is not to build up for office he sees where some thirty-warld to reach London. First it come to London. five million dollars' interest on goes to Flavana, may be to pay for Last fall the first ocean steam of those primary companies tunics or amass tangible assots, has brought the 1-4 plate into "Down by the waters,” snid tho the British national debt is paid tobacco. Havana sends it to Paris ship launched by a great Canadian in Loudon, because the Bri-howover these may contribute to favour once again, and now the old woman.

"She is swinging." twice a year, the whole tranne to pay for millinery. Paris sends railroad system sailed to the fisher is always willing to fame and temporal power, but smaller sizes down to almost the The boy flew out of the wigwami tion being largely one of transit, to the Orient, and finally it Dominion on hor maiden voyage. take one chance.

to be HONEST WITH SELF dimonious of a postage stamp and down to the lake, where he ferring credits from one set of comes home to London from South It carried the rond's financial man bad news travels fust, for British and HELPFUL TO OTHERS. are all the rage, is not only a saw the brokou swing. books to mother, little of the America, to pay dividends on Bri- and forty million dollars of Lon-

Stop a moment to recall the chomp form of diminutive camera With all haste he wont in search money actually leaving the bank. fish investments, and is duly act don money for Canadian invest. People are all linked up in groups men who have been helpful to which is popular at the moment of Brown Bear and told him his

Finally he is taken down to with cash by the Manchester man. ment. During ten years past this and circles. Favourable results their fellows; the men who have but most perfect and exquisitely liscoverias, " the bulion rooms where old-Half a dozen nations have saved Canadian promoter has made a following: unfavourable results tifo happier and more truly worth instruments. The possibilities fore his wigwani. He could not Bronte a permanent investment. really made the world better and finished high-olass expensive Sadly Brown Benr walked be fashioned gratings guant the exchangethrough passing italong, toust an annual visit to London, kill confidence.

while. gold that is behind not ueroly London is the only tanking from the great reservoir of capital bringing back tens of millions

of such cameras in the hands of hear to think that his mother was The banking system of John

· The London money márkot his What are the names on that the serious or caroful worker capable of doing so wrong a thing Bull but in a sense behind that entre in the world that can por

four great tides yearly-January, |list?

cover quite a large field, but the and asked her no qaestions. Ho of the world. fere his guide form such a feat in finance, be there..

Several years ago an American Aprif, July and October---when Are they games of men who small. extra dimensions of the smeared his face and body with civilly asks the visitor to take cause by reason of John Bull's

vast trade with every country on promoter secured a valuable con- millions upon millions of dollars possessed giet material wealth? larger and more practicable black paint as a sign of mourn off his hat; and, with hend re-earth, large or somll, near, or recession from the Mexican Govern- in dividends and interest from Are they names of those who, sizes are to be recommended. ing. spectfully uncovered, he is shown

Cameras at Popular Prices, He turned his hunting spear, pigs of gold and great slabs of mole, Lindon alone is able to clour cat and went to New York to foreign, colonial and home invest-possessing great material wealth,

the whole transaction.

financo it. After six months' disments are paid to British holders gave freely of their store for Possibly the very increased upside down and pressed it into silver, and sees scale that will

couraging offorts to sell the of securities.

the benefit of their kind? aceniately weigh either a postage John Bull laid the foundations securities he went over to London If John Bull got an average of

Or are they names of those supply of small caments at the soit, praying for thunder, Amp or a ton of bullion, it is of this mighty financial structure and dipped into the same reser-threo per cent. from all the who had so fow tuigiblo holdings popular prices will stimulate an wind and rain to raise his wife's said, and show a variation in the more than two hundred years ago. voir. London took his securitien

that we do not know how much interest in the art of photogra- body to the surface. latter if a draft of cold air strikes Back in the days of Charles I there in a few weeke.

money he has invested the past her owned; those who gave sophy, and incidentally Cronte it while on the platform.

were no bauks, no trust com- People put different construenies, no safe-deposit vaults, no there was an interesting little man, woman and child in the all the ages yet to come must into the subject. Much may be night he watched, but saw nothing. During the summer of 1910 teu-dollar bill yoarly for every touch of themselves that we and many new enthusiasts who will Days passed and thore was no tions upon this note of respect for bonds or stocks, no Government fury in Wall Street. A certain United Kingdom. Actually the conder then glory and gratitude said. in favour of these tiny little Pigeon and the baby' thrived. bo encouraged to go more deeply sign of Snowbird. By day and by The orphan boy took good care of thebullion. Some fancy the bank consols. When a king wanted to presa ter found himself over total is far larger, for he has been for what they were? is taking precautions against the muke war io had to hustle for exten lod mut one of our finan-investing for upward of sixty the name which must hend each proses, tow shutter speeds, and beside the lake and little Pigeon

generally There is only one answer, and amorus, which are

One day the two wero down provided with very short focus visitor carrying away a pig of rondy money-wars were always oil houses, it was said, onsed the years-and three per cont. is n sterling in his hat-the pig weighs billed strictly net cash. Londoners market by taking up some of his low yield.

list of those who have really vonty-eight pounds. Othors who had gold, silver and family comition. It developed that this

while he lived, lund, not

but when all things have been pebbles water when they saw a white gull rise from the B certuin Temple of Mammon, bulli who possessed stongrooms to keep af London capitalists, had oper File Fay flat in this, the very valuables took them to goldsmiths, promoter, acting for a syndicate (To be continued next Saturday.) helped is that of One who simple plato or alm attachment, les into the vast the bright

ovon a place to lay is head considered, unless prosents Mammon himself, as it their the own valuable goods, and ed to control a line of our rail- A SHORT SERMON. and who, dying, left as flis amount of skill in manipulation in ke saty won't changed hot it was quite close it changed into is adopted, the results worth con- also deposited bullion in the road from the Atlantic to the

material estate only the garment sideration are few, offering very

a woman. Snowbird, But the truth of the matter is Tower of London.

Pacific, and that ho had been in-

Ho had worn to martyrdom!

itt'o encouragement to

She caught her littlo sin in her something like this: The Old

Charles I wanted money in a strunontal in placing hundreds

But the life lle lived, like the tino. Finally, as an inducement arme, fondling and nursing him. Lady was nut born yesterday. In nirry. He sont down to the Tower of millions of dollars of London For a man's life consisteth nut life of every other person who friends and acquaintances whom. By signs ahe mundo known to the for youth business was done with and seized all the goldsmiths had money in Mexico, Canada and

bas placed a life above a living, is gold and silver. Today, how there, he promised to pay it Ixick South America. But for the in the abundance of the things worth more to mankind than all we may wish to interest in our orphan boy that he was to bring over, it is done on exchango andand did pay them eight porncidental turn of the market which he possessoth-St. Luke, the millions of dollars and all the hobby, and who consider the the child there every day.

largor cameras a burdon or the When Brown Bearcime in from credit. Last year the London rent. interest; but from that day against him, Wall Street might xii, 15.

acres of land in oxistence. clearing house handle soventy to this they have nover seen the never have hoard of him at all.

And that is the standard to few details required to be under-tho hunt the boy told him all that "It is better to make's life than

stood (in the higher grade shut-ld happened." When, the next billion dollars in checks the real principal, Whon Charles I came He was dipping into the Landon

to make a living," enco wrote held of influenco.

follow, no matter how small your ters) too troublesome, perhaps the afternoon, he took the baby to the money of England. Coin is only to the throne the sum, then about reservoir 100. odd change. The business of the six and a half million dollars, was A Wall Street broker became gilted and thoughtful Anigrican world is dono on exchange and organized into what ultimately greatly discouraged some years on the fly-leaf of a book ho gave credit to such a degroo nowadays became the British national debingo. When he bought his seat to a young man. that gobl merely adjusta balances. —to-day more than three and 'a of the New York Stock Ex- "I wish I could impress A process for extracting gold from half billion dollars.

chango, eight years before, stock- the truth of that statement brokers wore prosperous. Our

were.

fol that it would be demonetizad

twenty years it would amount to a

What Makes a Lite?

100 late to begin.

PHOTOGRAPHIC

•

com-

introduction of these simple and shores of the lako Brown Bear compact littlo cainerus will sorve followed and hid behind the NOTES.n useful purpose. For the faith-shos. The boy chose a white ful adherant to photography pro-pobble and cast it into the lake.. per the writer would strongly Soon the white gull rose from the ndrécale nothing less than 3 1-2 surfuco and camo nehore, then as All things considered, there is by 2 1-2 or 1-4 plate for pre-before changed into a wor

The Irreducible Minimum.

Engerly Snowbird reached for the ̧” child. Brown Bear, still in his black paint, sprang from tho bushes willinglal ery of welcome.

"Why did you ever go away!' he criod.

Gouwnter might make it so plonti- That made it diflicult to raise forever and a new system be based public funds. Everybody hoard big trusts had just been floated, on ovory young man who starts wholly on exchange and credited. When William 111 wanted the public speculated in their out to work his way," he added, little causo to wonder at the ever-nence. tlantis, ability, integrity, character. money for war the chancellor of stocks and brokors made good as he landed the book to its pres-growing popularity of cameras

CHILDREN'S CORNER, Therefor, the "Old Lady sees

the exchequer had to go about the profits; but since that time the entownor, whostili keopsitanong which have been reduced to an irroducible minimum. Quito a the prestige of bullion steadily city hat in band with the lord had trusts had separated them- his trousures.

And, in a large and true long paragraph in a contemporary The Story of Snowbird. mayor and borrow a thousand solves from the good by failure to waning; but, being British in dollars from one merchant and pay dividends. Good securities sense, the messageof Jesus Christ referred to a camera which was

Once on a time long ago there

Snowbird could not spauk, but her love for an old institution, sho fivé hundred from another.

had got into investors' hands to a to all meninallagos is this, "It described as being of about the luos her host to maintain respect.

large extent; so there was less is better to make a life than to samo dimensions as an ordinary dwalt on the shores of the Gigat pointed to a heavy belt she wore. Brown Bear aimsed a mighty for the bullion as long as possible. Then A Scotchman

matchbox. gamo speculation. The public suspect mako a living.".

Naturally, one wa Lako a very strong brave, who blow at the links, which word Honce the visitor is asked to take along with the idea of the Banked Wall Street. The volume of How is on0 to make the led to make inquiries, and found off his hat, toally he is assisting of England. Londoners rather business had shrank so sadly that right sort of a life?

that there are at the moment quite as calle Brown Bear. He was broken to fragments, and dropped at a pious fraul.

resent thin memory. They many brokers shut up shop and This big question faces each of a large number of these very tiny one of the most thrifty men of his to the earth.

Then Snowbird' could speak" The Birth of the Bank of England say the Scotchman's part in the many more existed chiefly by takus day after day,for, like the instruments being disposed of all (nution an I kis little family over

It has been said that a bill of matter has been unduly magni-ing in each other's washing. The returning seasons, the opportu- over the country. No doubt went hungry because ho was to gain, and she told her husband"

how it happened that she fell into exchange on London is the one fied and that, anyway, he appears business was not even respectable, nity for making a life comes again camera with simple movements. modium that always has a ready to have been a pirate before he for the male principal is evory and again. Of course, it is better portable and inexpensive, may aplazy to hunt. He had a very the lake; how a huge water tiger market in any part of the world, turned up in London. However, divorce suit or murder trial was to saize the curliest opportunity, peal to many, but a pica for the pretty little wifo, Snowbird, and seized her and drew her to the civilized or oven uncivilized. An he got together a syndicalo that invariably spoken of by the news for that will give more time larger, yet portable, camera may a bright-eyed little papoose which bottom; how she found that he because of lived in a magnificent lodge, American callon buyor in one of lent the Government six million papors as "a wealthy Wall Street for the perfecting of the work tak-out be out of pl co. To many ho called "Pigeon'

whero the floore wors of whitost our Southern towns, perhaps dollars, and the Government gave broker," just as every female en in hand. But, in this high the tiny camera is every bit as the solt, happy coo which was wro many hundred miles from the in return the Bank of England's principal was inevitably a beau matter of making a life, it is never good as any other, especially if it the only sound it made. Bosides scabourd, purchases several car charter, which caried a monoply fiful society leader."

is to be used only for the purpose

There were grout forests in tho loads of tho fleecy staple for a of note-issuing and other pro-

So this New Yorker sold his The penitont thief on the cross of indiscriminato snapshotting, these there lived in his wignar country of the water tiger, aul customer in Manchester, England.fitable perquisites.

sent and went over to London, hat only a few hours to live, yote but it is doubtful if the results are his old cross mother and a little great numbers of fireflies lit the The railroad agent gives him a From that time Londoners had where he set up as a promoter. gained promise of a place in likely to be of much value, unless, Indian hoy, whom he had adopted, place at night. The witor, tiger bill of lading when the cotton is a salo place for their spara cash | The first thing he got hold of was paradise."

of course, they are enlarged. Now, They would all have been very consulted his mother as to what londod. Weeks must pass before and there was rondy capital not a neat little office device of British And in the making of a life one does not wish to deprecate happy, indeed, had it not been to do with Snowbird. She told - the cotton reaches England by rail- only for public use but for private invention. He dipped into the which should be rankort as the the possibilities of these little in- for Brown Bear's mother; but she him to marry the beautiful hudian rond and trampsteamer; but the enterprise. This has been the great reservoir of London money first and foremost duty of every struments, even in the lands of n was cross ouough and wicked maid.

make them all! American does not wait for source of John Bull's financial by organizing what is known as Christian and ovary man, no mat,[novice, but the greater value of enough

Snowbird kept the tiger's lodgo his money. He draws up a bill of strongili -that, though other a "primary company." Tho

not nul was not very unhappy. exchange on Landon in the name of nations might hava as much capital stock was set at fifty begin brightly estimating the the by 21-2 plate or 1-4 plate should

Brows Boir was very dear to Sho coented to marry him if he ter what his religion, we must the large sizes, such as 3 1-2 unhappy. his Manchester customer, payablo money stuck away in old stock-housand dollars and on each worth of the things for which

her. in fact, her favourite neul fallow her sometimes to go he urged. in three months from that day, ings, where nobody could find it five-dollar share the subscri- labour.

**but she was so jealous of his wife ra Necessity to Enlarge.

on shore to see her child, The takosit with the bill of lading to his and put it to work, his money bors paid in twenty-five cont

It is obvious that if we have to tlut she often tried his patience water tiger's mother lout her n own bank and gets the price of his has been availablo in bank for This gave two thousand five Now lot the words of the Masonlarge every picture it must sorely.

great gull's wing with which to Hour by hour the old woman cotton in cash. Baaks then pass two hundred years, ready to go hundred dollars working capital for ring in our cars and sink deep necessarily mean a deal of trouble

fly. Only one caution she gave these two pieces of, paper along on the job anywhere in the world, with which to begin developing into our hearts,

and exten expense. The writer nursed her jealousy of Snowbird, him- fraten his belt about her until they come say, three weeks. Moreover, he has multiplied its the invention, which was not yet Fur ainan's life consisteth possesses a very perfect litt until fin illy she began to lan to waist, so that he would not desert Inter-to London. A London working energy by banknotes, mechanically perfect.. When not in the abundance of the things camera giving a picture 41-2 by minko away with her poor little him. bank gets the Manchester man to bills of exchange, chooks and that was gone the subscribore which he possessath,”

Ben., but after having made many daughter-in-law; She forgot her So when Brown Boar broke the indorse the bill of exchango, sig-| discounting machinery. This were asked to pay another shil- This in at variance with the successful negatives interest has own youth and how she had loved nifying that he will pay the money availability and fluidity of his ling a share, Before they had work's teachings. From the gradually diminished, doubtless Brown Bear's father and had chin she was free again and re- when the day comes, still more wealth gave him the means of paid in the sixth shilling the pulpit and the platform we hear owing to the small importance gone to fix wigwam. there to be turned in his wigwam to watch over, little. Pigeon and be happy than two months off. The bank developing his wonderful in devices was ready and in the much about the ascendency of attached to such tiny pictures and treated with

forever after. thon hands him the bill of lading dustrial system, as inventors market. Then a new company pharacter and the importance of the poor detail and general falling kindness. and he gets his cotton on arrival. came along and perfected spin- was floated, with several times as weeking those things which tooth off with enlargements exceeding If he is unable to accept the bill ning aud waving machinery, the much capital, taking it over as and rust do not corrupt, bot in halfplate pie, Let it be under to go with her to see & great the bank has the cotton and can steambout and railway, and that highly desirable thing in the averyday working world, stood the ims is an excellent grapevine swing which led gell it.

forth

London, "a going conven"; and where men and women are at me amastigmat and covers the plate near the Great La

+

to

the

greatest

|

One day, she asked Fnow''rð

The wicked old woman, when saw them coming, flow away from to lodge and was never. iheard of agein