The tragic death of a millionaire financier in London last week, says a contemporary, may serve to bring home to the public mind once more the futility and folly of the quest for unlimited wealth. Here was a man who stinted life as a bricklayer’s apprentice, and in comparatively few years had amassed a fortune estimated at £l.009,090. Yet though he had in lii.s hands “wealth beyond the dreams of avarice,’’, his only occupation in life seemed to be the constant e’Fort to accumulate mere. This insensate greed ol gain ulimately urged him on to an insane attempt to “corner” the oil market, and when at the last moment his plans collapsed—lie was onlv a trifie of three-quarters of a million short of .success life had nothing left to offer him, anil the curtain was rung down. Ever since the earliest days of civilisation preachers and prophets and teachers have expended all the resources of righteous indignation upon the frantic pursuit of wealth for wealth’s sake; and James White is only one of a great multitude who by their meteoric rise to fortune and their disastrous fall have helped “to point a moial and adorn a tale.” Rut some of our virtuous indignation may well be directed towards the system of legalised gambling which facilitates speculation . and prepares the way for such tragedies as this. No doubt the Stock Exchange has its legitimate functions, and even the-practice of dealing in “options” and ‘futures” may, under some conditions, serve useful public ends. But those who emplnv the me-hanism of the Exchange to “corner" a market, or bv “bulling*’ and “bearing” and the elaborate manipulation of shares attempt to‘enrich themselves at the- cost of ruin to many others, are among the worst “enemies of society” that the civilised work! has known, and the tragedy of James White has not been enacted in vain if it serves as a deterrent to any other “Napoleon of Finance” tyljn striycq to follow in his footsteps.
Entries for the Arnhurn Fat Stock Sales on Monday appear in this issue.
Ka washing, no ironing with the Victoria- Damask now showing at Addison’s.—Advt.
Men’s Hamilton Cloth, striped Pyjamas. regular price Ids fid, Jubilee Sale price Ids fid at McKay’s.—Advt.
It is understood that- the Department of Justice has decided to secure rented premises at Matainui, and the police station at Okarito "ill he closed, and the Constable’s headquarters at Okarito removed to Matainui.
Fire! Fire! Fire Sale! 300 pairs of ladies’ shoes to he sold well under their cost price at .1, J. Freeze's. Revel 1 Street.—Advt.
The new broadcasting station at Wellington "ill have a try-out this afternoon in describing the Ranfurlv Shield match at Mastertoii. In addition tin experiment will he made also, in re-broadcasting the match by relay through the Auckland and Christchurch stations. Simultaneously, the soccer match at. AA'ellingt'm will he broadcasted through the old Wellington -station. The new station at Wellington will next week, on Tuesday, Thursday and Saturday broadcast the race meeting results from Trcntham racecourse.
Men’s Coats of high quality at Jubilee Sale prices. Twelve new coals bought at one third off regular prices, £0 Os to £8 Bs, Jubilee Sale prices 73s to £3 os. McKay’s.-- Advt.
The R cotton Fire brigade received a call on Wednesday evening to an outbreak of lire in an unoccupied -shop adjoining the Dawson Hotel. 'I he building was damaged in some extent by smoke and water -before the outbreak was subdued. Owing to a strong smell of kerosene and burning rags noticeable during the early stages of the fire incendiarism is suspected. While the brigade was engaged in lighting the outbreak, .Mrs Stott, who resides in Duller road, had her face hatliy cut through tripping over a It so.
Fire Sale! Fire Sale at .). .!. breeze’s commencing on Monday the 11th. All stocks reduced to bedrock prices, owing to being slightly soiled with smoke and water.— Advt.
Nancy Stewart, aged live months, daughter of Mr and .Mis Sydney Stewart . of Coal Creek, who was admitted to the Drey hospital ten days ago suffering from hums received by her clothes catching fire at her parents’ residence. succumbed to her injuries on Thursday. It appears that the child was left in a room sitting in front of the lire in the care of her little brother, who became 100 frighten;'d to give the alarm when the accident occurred. At an inquest held yesterday the coloner returned a virdic! in accordance with the medical evidence, that the death, of Nancy Elizabeth .Alary Stewart took place from burns received by accident. The jury also expressed sympathy with the bereaved parents.
An extra inlinarv case of a- horse c: tiling into collision with a motorcar and escaping injury occurred oil the road near the Public Works cam]) at St. I idiots, Auckland, on Saturday afternoon. Reluming from the I’akn.ialign Hunt's meet at Puliiniii, Air A .If. Watkins, of .Mission, bay, was riding the horse Rataplan ami leading the well-known hunter Tnpthornc. It was the latter that came
into collision with a motor-car driven by Mr Watt. The horse was knocked ovi r, hut was apparently unharmed. The- ftotil mudguards of the car. however, were buckled, the hood "as stripped off the ear. the glass of the windscreen was broken and its metal rim forced over Air Watt's head.
Aii intcivsl i ll singa in the >'i ;t----t i.nis oi' tim .Mu:clii.son Oil (mnpa-ny luh 1..• 11 reached. 'I hi 1 Ink si report from (lie driller stilted tlmt the Imre lind heen drilled to 23;j left mid that samples of pas and oil had been sent for analysis. These samples have arrived iit Auckland and have keen submitted to Air A. J. Parker for analysis. 'I he oil is very light, almost transparent with a hrown tinge, and hums like benzine with very little residue. I he Company holds h iring rights over areas aggregating 29,009 acres in the Murchison and, Owens Hirer districts and its first hore is situated in the valley at the .Mangles River, a tributary of the Buller. which it joins aL a point about seven miles from the to'.wiship of Murchison. Boring was commenced on March 2!)th. 1920, and except for minor interruptions, lias 'keen continued ever since. Ten inch casing was u-e.l to .‘SS7 feet, eight inch to 72“ feel, and six inch to the present depth.
An important judgment was delivered in the Magistrate's Court. Welling ton on Thursday, by Mr 10. Pago. S.M. when he held that, in the absence of a correct solution to a erosstvftrd puzzle, the competitor whose .solution was the nearest to correct had to lie awarded the first prize. In the ease before him, the plaintiff was informed by the defendants that its lie i* solution, although not correct, was the nearest to correct, she tumid he awarded a consolation prize of five shillings. She sued for the remainder, namely £9 Ids. the first prize in the eompefition being £lO. the second £2. and the third ten shillings. The conditions made no reference to consolation prizes. The Magistrate held the defendants were hound to award the first prize to the competitor plaecd first.
The usual fortnightly meeting of Westland Lodge No. 81) U.A.O.D. was held in the Lodge room on Thursday, when a fair attendance was presided over by 2.P.A. Pro. Ferguson in the absence of A.IT Bro Furness through illness The officers’ roll was called and attendance noted. The minutes of the previous meeting were read and confirmed, outward correspondence was read and approved and inward read and received. Complimentary tickets were received from the Hibernian Society for their Ball to be held on July 13th. Bards reported a good iiumiter on the sick list. Sick pay to the amount of £l2 3s 4d and accounts to the amount of £2 6s (id were passed for payment. A ballot was taken for three new members who proud successful. The lodge business was then suspended lor the purpose of initiating two new members into the rites of Pruidism. On the completion of the ceremony which was conducted in a very impressive manner, the Lodge then resumed tlto ordinary business at 9.0 p.m. Bro Bell distributed tickets outlie Druids Ball and reminded brothers to do their host to make the Ball a bigger success than last year. The A.D. and V.A. were appointed to represent the Druids at the Hibernian installation of officers. After balloting for the complimentary hall tickets the Lodge closed in harmonv.
These hosiery values cannot he repeated—2o dozen children’s three quarter all-wool seamless cashmere hose in black and tan sizes, C to ]2. usual price 2s 3d to Is fid. now one price only, Is 9d ; cashmere sox at fid Od and Is, ribbed hose, small size. Od pair at .Schroder's Winter Sale.—Advt.
In cold, damp weather, always keep “ Xazol ” handy. Take some drops on sugar, or inhale occasionally. The surest, safeguard. fiO doses Is 6d.— Advt.
Woods* Great Peppermint Cure First nid for roughs, colds, influenza
Moii’s blue denim trousers, all sizes, usually os lid. Jubilee Sale priee 4s fid at McKay’s Jubilee Sale.—Advt.
Fire! Fire! Fire! At J. .T. Breeze’s. We have a big stock of children’s hoots and shoes to he sold at pi ices that are ridieul'ons.—Advt.
An important meeting of the lx ok a-tahi-Koiterangi Farmers’ Union will be held on Alonday at 7 p.m. at the Public Hall Kokatnhi.
The Westport Times reports that whitebait have been sold at Westport during the last few days in small quantities. Whitebait were seen in the Hokitika river early in the week, desrihed tis quite a good shoal.
Men’s Over-coats of high degree, latest city styles bought at one third off regular prices. Usual price £fi Gs to £8 Bs, Jubilee Sale prices 7As to 103 s. AleKav's Diamond Jubilee Sale.—Advt.
The death occurred at the Gro.vmouth Hospital on 1 httrsday afternoon of Airs .Martha Tooltey. aged 31 years. Deceased, who had been an inmate of the hospital for a fortnight, was a daughter of AUs J. Brown. A nicy Street, Greymoulh. Her husband was accidentally killed at Greymoulh over two years ago. when he fell over the stone wall near the wharf. She leaves two children, mother, three brothers and a sister.
To-night at .McKay's Showroom— Grand display of English and French Evening Frocks and Flowers, received yesterday from London direct. The prices arc remarkably cheap. Call oariy at, McKay’s Diamond Jubilee Sale.— Advt,
Fire Sale! Fire Sale at J. -T. breeze’s commencing on Monday, July lltli. Parents, now is the time to buy boots and shoes for the children. A visit fo our shop on .Monday will repay von.— Advt.
There was an attendance of nboiit seventy at the Soldiers’ Hall last night for the weekly euchre competition conducted by the R.S.A. The following were the prizetakers : —Airs Fitzgerald. Air W. Parker. .Miss Allen, Al.rs Aforgan. Mrs J. Lynch was runner-up. The feeling of those present was taken with regard to changing the weekly euchre to Thursday. As the opinion of the gathering was about equal, it was decided not to make any change, and the tournament will he continuer! regularly every Friday as heretofore. Supper was dispensed at the close of the play, Alosdamcs .Parkhill alio Stuart being the hostesses for the evening. Useful special prizes for next Friday’s competition were on view last nighl.
Ladies’ Tweed and Velour Tweed Coals, marked clown further than ever; in fact we ate practically giving some away to effect a clearance. We have too many left. Call ami see these coats and secure a bargain while they last -.McKay’s Great Diamond Jubilee Sale.—Advt,
The manufacture of sueetened ami unsweetened condensed milk is the new eiiLrpri.x? upon which the New Zealand Co-operative Dairy Company is embarking, according to a statement made bv the managing director, Air AA . Go-id fellow. states the “N.Z. Herald.” A building omit rac-l has been let and a two-storeyed factory to cost (.‘31,00 is being erected at AA'nitoa, The company expects to lie manufacturing the iioc\- product in October. r I he product is being manufactured expressly for markets in the Far East. Ihe company has recently received a call from the managing director cl the Singapore ( .->l l l Storage Company, who lias arranged for shipments its soon as they are available. Milk products already made hv the company include butter, cheese, casein, skim milk powder and full cream powder. Six youths’ tan-colour canvas rub-ber-lined waterproof Coats, regular price 27s fid to 335, Jubilee Sale price 17s fid I , 19. s fid at AleKav’s Diamond Jttbiloo Sale.-—Advt.
Addisons have opened up a line of gents cardigans in three shades, extra heavy weight, price 12s 9d.—Advt. A special discount of os in the pound off this season’s stock of evening frocks comprising georgettes, taffetas, crepe-do-chines. embossed velvets and Chenilles at Schrader's Winter Sale —Advt. Avoid chills and ills by taking “Xazol,” the surest protection against coughs, colds, and all bronchial troubles. Acts liken charm. 60 doses Is fid.—Advt.
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Hokitika Guardian, 9 July 1927, Page 2
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2,170Untitled Hokitika Guardian, 9 July 1927, Page 2
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