THE OTAGO DAILY TIMES WEDNESDAY, MAY 21, 1930. THE VALUE OF GOLD.

Otago Daily Times, Issue 21031, 21 May 1930, Page 6

THE OTAGO DAILY TIMES WEDNESDAY, MAY 21, 1930. THE VALUE OF GOLD.

New Zealand farmers and business men who are struggling with immediate problems of I keen competition and falling prices abroad and stationary costs at home may perhaps be pardoned if they j pay little attention to the opening of the Bank of International Settle|nents at Basle on Monday. It is, however, no exaggeration, but the sober (truth that no event of recent years has a greater potential importance for the welfare of New Zealand than ithe foundation of this bank. The maintenance of the gold standard means that movements in our price level are [now largely determined by chance movements in the supply of gold, which; are for the. most part beyond our control, and movements in the demand far gold, where happily the human reason has a wider field for its operations. During the last few years there/ has been a steady fall in the general price level, which, it is maintained» by many competent authorities, is [partly responsible for the prolonged lousiness depression, and consequent unemployment, with which nearly all countries have been afflicted. New Zealand exporters will certainly have little difficulty in accepting this view, and it is’to their immediate interest to discover, and if possible to prevent, the operation of the causes of this fall of prices. As in all such cases, the causes are complex, but prominent amqng them is the appreciation of gold, due to the competition of | banking authorities, anxious to strengthen their gold reserves. The details of the mechanism are but the general principle is simple. As with other commodities, so with gold, intense competition on the part of buyers—in this case mostly ! bankers—will raise its value, and a rising of the value of gold is the same, thing as a fall in the general level of sprices. During 1929 the pressure oq gold supplies came mainly from tlie United States and from France, but the effects were world-wide, touching New Zealand very closely. The city editor of the Manchester Guardian, who is not normally disposed to take radical views of cur-

reney policy, recently declared that “ two or three more years like 1929 would be-likely very effectively to discredit the gold standard altogether, and to lead to the introduction of some more stable system of ‘ managed 5 currency.” There is scarcely a single economic or industrial problem of any importance the solution of which is not intimately bound up with this question of the fluctuating value of money. Sir Josiah Stamp, the eminent English economist and business mian, definitely places the question of prices and their stability as of greater importance than all the other questions which make up the staple of current controversy, unemployment, taxation, rationalisation, reparations, tariff, and the rest. Prices, he has recently suggested, are going to keep us in the bondage of trade depression for a long time unless properly handled, and the only ivay is through international action. It is in this connection that the claim can be justified that the new bank at Basle is of the greatest importance for New Zealand’s economic welfare. Set up in the first place to facilitate the , transfer of German reparations, it has no necessary connection with the stabilisation of the value of gold, but its sponsors, of whom Sir Josiali Stamp was one, made no secret of their hopes that its machinery would be used for purposes much more far-reaching and socially valuable than the termination of reparation -wrangles. Any single country by itself, no matter how important its trade, is .powerless to regulate the ■ value of gold. The virtues of the gold standard arise indeed from its quality of universality, and the conscious and skilful control, which is necessary if this instrument of money is to be an obedient servant and not a harsh master, is possible only on the same broad foundation. The competition of banks for gold reserves, with inevitable price depression, can be prevented only by international cooperation, and international co-opera-tion becomes much easier when an organisation, is created which will help the national banks to get such funds as they need in times of stress. Given the intelligent support of national banking authorities, the new bafak will be able to afford them such facilities as will encourage them to relax their present demands for gold and thereby make it easier to maintain the value of gold at a stable level. It would be an ironical commentary on the vanity of human wishes, but happily fraught with greater benefits for human welfare than such commentaries usually are, if the only permanent result of the claims for war reparations, so far as they have been foolish and extravagant, which have fruitlessly consumed ,so much time and energy since 1918, should be a stability of prices such as has long been recognised as an ideal, but has too often been dismissed -as Utopian and impossible. ' ■

THE Y.M.C.A,

The activities of the Young Men’s Christian Association are international in character and the influence for good that the organisation exerts extends to every part of the civilised world. Eighty-six years have passed since the Association was first founded in a warehouse in London, and every year fresh recruits to a movement that, while free from any sectarian bias, advances above all other considerations the Christian ideal of “ Service for the other fellow,” are enrolled. The local branch of the Y.M.C.A. needs no introduction to members of this community, for its past work has had its effect in inculcating a sense of moral and spiritual stability in hundreds, thousands even, , of boys and young Imen who have now taken their place in responsible positions in the Dominion. But unfortunately even the best of humanitarian organisations require recognition of a more practical nature than the respect accorded them, and the Y.M.C.A. in Dunedin is no exception. The Dunedin branch is at the present time urgently in need of funds, both that arrears amounting to £2OOO may be made up and that the Association may continue to pursue its valuable labours in a manner that will do the, most good to the greatest number of boys. To place the Association in a financial position in which it can face with a good heart during the next few years its important self-imposed responsibilities a sum of at least £3OOO is required, and at a public meeting held last week in the Council Chambers an appeal was launched with the purpose of obtaining contributions to such a fund. ! Sir Charles Stat Ham, who was the principal speaker at this meeting, urged the claims of the Y.M.C.A. to public support in an address which was modest in its estimation of the value of the Association’s activities but should have served to stimulate in members of the community generally a sense of the propriety of a ready response to a call for assistance from a body that has done, and is doing, so much for the spiritual, social, educational, and physical - welfare of the youth of the city. The work of the Y.M.C.A. in Avar time has not been forgotten and gave an impressive example of the immense practical benefit such activities may exercise in time of stress. The work performed in time of peace and comparative plenty, being carried on without advertisement, is more easily overlooked by the busy man, but it is of more lasting good. The Y.M.C.A. is ahvays looking to the future,' and the future is in the hands of the boys and youths in Avhom, to-day, it is implanting ideals of selflessness and service. It is particularly for the furtherance of the Association’s Avork among boys that the present appeal is being made, as the activities of senior members are self-supporting. Probably at no time has there been greater need than in the present of a guiding hand for the younger generation, and consequently it may confidently be asserted that at no previous stage in its growth has there been greater need for the ministrations of the Y.M.C.A., and at no time has that organisation been capable of exercising itself to better advantage. Between 350 and 400 boys, Avhose ages range from ten to

eighteen years, are meeting almost daily in clubs and classes conducted by the Dunedin Y.M.C.A., and it is readily understood that the Contributions made by them are insufficient to cover the cost entailed in their instruction. That this service shall be continued without any of the cramping effects of inadequate funds should be the sincere desire of every member of the community, for all will benefit by it. The appeal which is now being made is one than can be heartily commended to the people of Dunedin as eminently 'worthy of their practical support.

A lady walking along a city thoroughfare on Monday night had her handbag snatched from her hand, the thief making off quickly in the darkness. The adjourned inquest into the circumstances attending the death of Robert Callender will be resumed on May 29, at 9.30 a.m., in the Courthouse, Stuart street. The deceased, who was a farmer at East Taieri, was walking along the main road, near Springbank, on the evening of April 11, when he was knocked down by a motor car, receiving' injuries from which he died later in the Dunedin Hospital, An inquest was 'Opened on Monday, May 14, and adjourned pending a post-mortem examination.

A meeting under the auspices of the No More War Movehient was held in Napier last night (says a Press Association telegram) to consider the abolition of compulsory military training. The following resolution was carried by ,a large majority:—"That this meeting of citizens of Napier urges upon the Government—(l) the speedy abolition of our compulsory system of military training as being inconsistent with British principles of freedom, irritating ini its working, ineffective as a means of defence, and excessive in its cost; (2) the substitution of a volunteer defence system with special attention to aviation and with provision for the compulsory physical training of onr young people (both hoys and girls) under the control of the Education Department or other civil authority; and (3) that copies, of this resolution be forwarded to- the Prime Minister and the Minister of Defence."

A malicious false alarm was the cause of the City Fire Brigade being called out to Grosvenor sti’eet yesterday afternoon- at 2.50. -

While Mr W. J. Gibbs, of Port Chalmers, was trawling outside the Heads a few days ago he secured a very, large seaanemone which he sent over to the Biological Station at Portobello, This specimen can now be seen in one of the glass tanks, where it has attached itself to one of the glass sides and seems quite at home in its new surroundings. According to Mr D. Graham, biologist of the station, this enormous anemone is able to extend itself to as much as 18 inches in length, and four or five inches in diameter; it will also close up till it is in the-shape of a _ hall of 10 inches in diameter;; while at times it extends out to 14 inches long and four inches wide, then reducing itself in the middle—forming a living dumb-bell. The animal is thickly covered with warts, like grapes and of a dark similar colour, the tentacles, numbering over 200, one to two inches long and lemon-coloured. The foot or base is orange-coloured, much crinkled, and measures six inches each way. Mr Graham personally feeds it on pieces of fish, which it catches hold of w ith its tentacles, when they close up and the piece of fish soon disappears. ' For comparison it may be stated that this seaanemone is larger than a large mason jar, the next largest in the station is -three' inches across and four inches highl and was considered large till this one arrived. Interesting specimens are being forwarded by Mr Gibbs and other fishermen to Mr Graham, who is encouraging them along these lines, by acknowledging receipt and giving them any information' about the specimen.

Malicious false alarms were again a source of much annoyance to the officers of the Dunedin Fire Brigade during the last four weeks. The superintendent’s report, submitted to yesterday’s meeting of the Fire Board, showed that 13 false alarms had been received at brigade headquarters during the period under review. Eight of these calls proved to be malicious false alarms. It was also disclosed that the majority of the false alarms were registered in the South Dunedin district, and the crew quartered there have had a busy time. The South Dunedin out-station can now claim a distinct place in the firefighting . history of Dunedin, as the records show that the machine and ■ men have turned out to close on 1000 calls since the station wag opened in 1917. The Railways Department has now completed its arrangements for the New Zealand farmers’ tour to Australia, and, .all going well, the party, which is expected to number about 60 members, will leave Auckland by the Aorangi on Monday, June 16. The itinerary, which is a most comprehensive one, includes visits to Sydney, Melbourne, Brisbane, and intermediate towns, and has been so arranged that the visitors will be able to view all the primary and many of the secondary industries, as well as a number of the scenic attractions of Victoria, New South Wales, and Queensland. The commissioners of the various State railways have agreed to place their special de luxe trains at the disposal of the party, and, where practical, experts from the Department of Agriculture, and the State Rivers and Water Supply Commission, will travel with the trains to give such information as may be desired regarding any phase of primary production. If the tour is followed out according to schedule, 3500 miles will be travelled by train, and approximately .700 miles by motor car, and it is expected that the party will - leave Melbourne on the return journey to New Zealand on July 17. , In the City Police Court yesterday, before Mr J. R. Bartholomew, S.M., Thomas Jones, a statutory first offender, was fined 12s 6d, in default 24 hours’ imprisonment, on a charge of drunkenness, and a first offender who was similarly charged was remanded until Saturday for medical treatment, A youth, 19 years of age, whose name was ordered to be suppressed until the facts are gone into, and who was represented by Mr C, J. Rawlinson, also appeared before his Worship and was charged with attempting to obtain, by false pretences, a motor car valued at £SO, from Messrs Penrose and Drummond. On the application of Detective Sergeant Nuttall, who stated that further charges would be brought against the accused, whose mode of living was very unsatisfactory, a remand until Monday was granted, the accused to remain in custody in'- the meantime.

Taking advantage of the fact that the majority of the farming community of Otago will be in Dunedin during Winter Show Week, the Railways Department has issued ah invitation to the members of the Provincial Council of the New Zealand Farmers’ Union to pay a visit of inspection to Hillside Workshops on the afternoon of Thursday, June 5. Special guides will be told off to conduct the party through the works, and at the conclusion of the inspection the visitors will be the guests of the department at afternoon tea in the workshops social halh The question of water supply for firefighting purposes was mentioned by Mr S. B. Macdonald at yesterday’s meeting of the Dunedin Fire Board, when he asked if any report concerning the condition of the dam at Waipori had been received by the board. The chairman (Mr J. Wilson) said that no official report had been received, but it was believed that the position had improved since the rainfall on Monday night. The superintendent of the brigade (Mr J. J. Salmon) said he had taken certain steps to prevent a road sprinkler from being used, and that he was paying every attention to the supply of water in the street mains.

Two motor buses which have been built at the Petone workshops for the Railways Department’s Dunedia-Port - Chalmers route are expected to arrive at Dunedin from Wellington by the Totara to-day. The new service, which will be commenced shortly, will serve to augment the existing train service between Dunedin and Port Chalmers, and has beeh inaugurated primarily for' the convenience of residents' along the Port road who live some distance from the railway stations. The buses, which will seat 33 passengers, have been assembled on Thorneycroft chassis.

The two men who inadvertently left Wellington on April 3 on the Corintbio did not return on the steamer Mahana, which arrived at Port Chalmers yesterday from London via Panama. The men in question were on- board the Corinthic seeing friends away on the steamer. They did not realise that the ship was under way until she had actually departed. The captain intended to land them at Pitcairn Island. The Mahana, however, did. not call at the island. ‘ i

A discussion was held in committee at last night’s meeting of the Manufacturers’ Association regarding the extension of works at Waipori by the City Council and the purchase of the whole concern by the Government. It was decided that the association, as a body, should pay a visit of inspection to the works, and it was left to the president (Mr J. Sutherland Ross), Mr Hindley, and the secretary (Mr G. W. Reid) to arrange a day, probably next Tuesday. It was felt that the corporation officials would welcome such a visit.

The decision to raise its fee for hospital treatment from 9s to 12s a day, which is the charge bf ail the other large hospital boards of the Dominion, was made at a meeting of the Auckland Hospital Board (reports our special correspondent). Half rates will be charged for children under 14 years of age. It was stated that hospital treatment had been availed of more and more by persons, able to pay a higher fee than at present charged. Labelled “ The Chocolate Plane,” and painted in the familiar colour of the Cadbury-Fry-Hudson. product, the first aeroplane used commercially in New Zealand arrived at, the Wigfam Aerodrome on Monday afternoon, bearing with it' Mr George Sara, a director of the recentlymerged firm. By the use of his machine Mr, Sara has already saved two; days in one week. In a subsequent interview with a representative of the Christchurch Press he said that several other. commercial firms were considering the adoption of this new means of rapid transport. Piloted by Captain M. G. M’Gregor, the company’s official pilot, Mr Sara had. an excellent trip from Wellington. He' left at 10.5 a.m., arriving at Blenheim at 10.45 a.m. The journey was resumed at 12.10 pan., and the aeroplane reached the Christchurch Aerodrome at 2.27 p.m. “The Chocolate Plane ” is a De Haviland Gipsy Moth all-metal machine. The maiden trip from Wellington to Auckland was made last Tuesday, and the return on Saturday. After spending several days in Christchurch Mr Sara will fly to Dunedin. Posting parades for cadets who are due to be transferred to the territorial force this year are being held this week. The preliminary examinations are being held by members of tbe Permanent Staff, and thSse who comply with the height and other bodily measurements are being directed to await for further instructions, while those who do not comply with the requirements are being drafted out, as is the usual custom. When approached on the subject of the resumption of ordinary parades. Brigadier M. M. Gard’ner, officer commanding the Southern Command/ told a Christchurch Times reporter that everything that was usually done, and that did not entail any expense, was; at present being carried out. The medical examination of those cadets who are due to enter the territorial force this year has not, yet been held, as this means the payment of fees to the medical officers who carry out the. inspection. Training for the 1920-30 military year ceased in April, as is the usual custom. '•!' Training- -usually recommences about the middle of June. So far, no instructions have been received regarding the resumption, but everything .is being held in readiness to carry -on, either with a reorganisation, or if that does not eventuate, with the usual pro: gramme. In the meantime, the members of the Permanent Staff are engaged; on the usual business connected with the closing of the military year. Their work at present' is stocktaking, balancing and preparing the usual- annual returns ami documents.

What scientists call a resonance effect was the subject of an'amusing anecdote told by Dr C. E. Adams, Dominion Astronomer, rn the course of an address delivered before the Wellington branch of the New Zealand Institute of Architects. He was once standing on a country suspension bridge, over which a good deal of mixed traffic was passing, he said. Although there was a big load on the bridge, and the load was a moving one, it Was as steady -as a rock. ■ A few minutes later, a small dogcart and pony came on to the structure, and before it had got very far the bridge was swinging up and down through a distance of at least one or two feet. This had been caused by the swing of the horse’s hoofs coinciding exactly with the natural period of swing of the bridge, the former setting up a resonant effpet in the latter. “I wrote to the authorities advising them to get. the horse moved from the locality,” concluded Dr Adams, amid laughter. A strange fish recently became stranded in shallow water while chasing small fish in Whangaruru Harbour (says the Auckland Herald). It was captured by two boatmen, who supplied information which was forwarded to the director of the Do-i minion Museum, Wellington. The fish has been identified as a yeflow-finned albacore, and is said to .be the first long-finned albacore to be caught in New Zealand. The fish weighs about 1801 b. Its body is round and 15ft Sin in length. Its greatest girth is 3ft lOin. The colour is bluishback on the back and of a . lighter shade beneath. Projecting knobs between the dorsal fin and the tail are yellow in colour; The mouth is small and the flesh is of -a red colour. The home of the fish is between Hawaii and Japan.

The opinion that the extensive whaling operations in the Ross Sea must eventually have an effect on the supply, is held by Captain H. F. Cook,' master of the Hananui 11, a steam whaler, which operates during the season from a. base at Whangmumu, near Cape Brett (says the Auckland Sun). Captain Cook’s vessel has come to Auckland for survey. During the off-season she has been lying at Russell, and she will return there, shortly, in preparation for the opening of the whaling season at about the end of this month. Captain Cook said that so far no decrease in the number of whales off the New Zealand coast during the breeding season had been noticed. Should the coming season prove to be a poor one, it would not be safe to attribute it to the Ross Sea killings, as seasons of plenty and of scarcity had both been experienced during the past. A tendency, sustained over three or four consecutive years, would have to be noted before it could fairly be assumedthat the number of whales had been seriously diminished.

“ Personally I owe a deep debt of gratitude to New Zealand,” said the captain of the British Rugby team, Mr P, D. Prentice, speaking at the civic reception to the team at the Wellington Town Hall on Thursday. “ The very first game of Rugby football I’ ever played was with New. Zealanders. It happened during the war. One evening behind the lines.the New Zealanders were kicking the ball about, as they generally did whenever they had a few moments, and out of kindness they asked me if I would like to join im I helped to make my first team, and thus these New Zealanders introduced me to the greatest game in the it-orld, 'and I appreciate that, and thank' them for it. They have given me a great deal of happiness through Rugby football, which has come to a head with this tour through your wonderful country.” . .

round the world on the keys •f a typewriter—that’s what Al. Sleetnan, New Zealand newspaperman and adventurer, has been doing for the last four years, and he’s extracted more thrills from the enterprise than Edgar Wallace could cram into 400 pages” (says the Toronto Star), in describing the adventures of •Mr • Allan Sleeman, formerly a member, of the Christchurch Star, and at one time a student of journalism at Canterbury College. “He has chronicled, the ■ daily doings of royalty'in New Zealand, and he has plumbed the depths of an iniquitous underworld in Sydney, New South Wales; he has chased stories north of 53 in Alberta and covered student riots in the United States—he has looked for thrills and found ’em. This young New Zealand • go-getter has worked his way across the North American continent, and leaves shortly for Mexico and the South American republics in quest of further adventure,” ' Mr’ Sleeman got his introduction ■to American methods following a telegram from the news editor of the Toronto. .Star,: “Hospital blast at Cleveland, Ohio—take plane—wire 7000 words —eighty ‘dead.” It was the biggest disaster in America since the Mississippi floods. “Sleeman was in-Cleveland well ahead of any Other . Canadian newspapermen, and stole a march on.skilled American pressmen when he broke through the police lines to get into the emergency hospitals, where the victims were accommodated. His story- was read from the Pacific Coast to the Atlantic.”.. The message from Blenheim printed on Monday, in-which Mr Alfred Rore, the only surviving son of Mrs Elizabeth Rore, asserts that Colonel. William ■ Wakefield never bought the deeds of purchase to the Wairau from Captain Blenkinsopp’s widow, is contradicted by Wakefield’s own entry in his journal, made at. the time (says the Christchurch Press). Blenkinsopp’s widow was Mr Rore’s grandmother. Blenkinsbpp, it will be remembered, . claimed to have bought the whole of the Wairau Plain, aggregating many thousands of acres, from Te Rauparaha, the price being a ship’s cannon. Te Rauparaha, however, repudiated the deed, when it was translated to him later, saying that ■he had not been aware ! of its contents when be signed it. Colonel . Wakefield, ‘ coming in 1839 to purchase this area (among others) for the New Zealand Company,, discovered the existence of this deed. While on a voyage in the north in the Tory at the end of 1839, he .met. a woman at Hokianga, whom he found to be Mrs Blenkinsopp.. His negotiations with her are described in the following entry in his diary, made on December 13, 1839:—"I have purchased from Mrs Blenkinsopp, whom I previously mentioned as having bought the Wairoa (sic), and other property in Cloudy Bay, all the rights and claims to the same. ' This completes the company’s title to that part of the South Island. . . / The following report has been received by Mr James Robertson (president of the Southland Acclimatisation Society) from the Chief Inspector of Fisheries, regarding a special capture of a 141 b salmon, from Ihe-Waiau River, which (says the Southland Times) was specially preserved in formalin .by Mr George Moffett, and forwarded to Wellington for examination. In view of the differebce of opinion regarding the life history of salmon held by anglers, the report should prove very interesting. After stating that the specimen arrived in good condition, the in? specter states: —“The scale shows pretty clearly two winters and, at the edge, the beginning of a third winter.. The zones of , differing growth rate are so clearly shown in this specimen that I think there can be no -mistake about their interpretation. Its total length is 16$ inches (it may have shrunk a trifle since it was first caught). The position of the winter zones shows that it was, about a quarter of its final length. at the completion of its first winter, and. about half its final length, at the completion of its second winter. The life history of the fish then-would appear , to be as followsl927—Spring. (or. there- , abouts) hatched out. : 1928—Just over 4 inches in length at the end of the winter of this , year., 1929—Between -8. and 9 inches long, at the end of this winter. 1930—Caught at the end of April, when the third , winter band is just beginning to show. During the preceding year good growth has taken place. The fish is a male, very nearly ripe with fully developed milt very near the running stage. It is remarkable that its underjaw is so little developed, but with grilse this is no uncommon feature. The stomach is crammed v with half-digested' insect larvae, among which may be distinguished fragments of ephemeride and at least one caddis.” " Your country has provided me witn, . many delightful surprises,” said M. le ’.Comte de Galembert, Chief Admistrator of French Indo-China, commenting upon a recently-completed tour of New Zealand. M. de Galembert, who describes himself as “ an inveterate globe-trotter,” has made travelling a hobby during the past 22 years (states the New' Zealand Herald). . "Although this is my first visit to New Zealand, I think the country is much more interesting to the tourist than Australia,” M. de Galembert said. “Your railways arc really splendid. I was surprised to find them so comfortable, and in this respect they leave little to be desired. The most striking feature to me was the generosity of the department. Here you buy ■. a ticket and it is available for one month. It is not like that elsewhere. In Ger--many a ticket is available for four days, and in France and most of the other countries of Europe tickets are available for one day only.” Referring to the thermal wonders of Rotorua, M. de Galembert said be did not think they could excel . those in the Yellowstone National Park, where thermal activity was to be seen in the midst of surroundings of great natural beauty. He considered that much. also might’be done to facilitate tourist travel by a more extensive use of sign-posts. The climate of New. Zealand appealed very strongly to M. de Galembert. He said be had expected to find the weather much colder, and was delighted to strikesuch miW and genial weather in every part of the country he visited.

The Rev. Joseph Kemp, of Auckland Tabernacle, will preach to-morrow evening at half-past 7 in York Place Hall. This will be Mr Kemp’s last meeting of bis visit to Dunedin. ■ The Dunedin Fanciers' Club, in announcing its jubilee show, has pleasure in availing itself of the opportunity to thankthe many donors of specials for their patronage of the show. The entries so far are very encouraging, but prospective exhibitors are to note the announcement that entries close on Saturday, May 24. We have received from “ Irish,” Balclutha, the sum of £1 towards the relief of the unemployed. We have passed this on the Mr Neilson, the secretary of the Unemployed Fund. Shop at the practical jewellers and know satisfaction and promptness.—Williamsons, ring makers (next The Bristol Piano Co.). —Advt. W. V Sturmer. G.A.0.C., D.S.O.i optician. Consulting roonij 2 Octagoi). Dunedin. Moat modern scientific equipment for sight testing.—Advt. A. E. J Blakeley and W K Bagley, dentists. Bank of Australasia corner of Bond and Rattray streets (next Telegraph Office) Telephone 12-359.—Advt S. E ; Ferguson, qualified optician and Tefractionist. G.P 0.C., 45 George street Twenty years’ experience in sight-testing and spectacle fitting. If you» eyes trouble you consult us. Doctors' prescriptions carefully attended to. —Advt. Choice Jewellery. —Coibpare our values. Just landed, large selection Diamond Rings, Reliable Watches. Jewellery and Silverware. —Peter Dick, the moat reliable jewellers, watchmakers, and opticians, 490 Moray place. Dunedin.— Advt.