| Show r r S SI I a I The Mo h lg n ot 11 Ho How Me to fOR TUN f SIN Iv They tor Everything and Make Quid Gold hank Dank and h a National al be b About If Rte Tilt PIlL Dank viII Hank Bank and a Pawn Sho nun nuni i I b bT thO tn In and andI the Conce lon Are and How I About U It ot of tile the LIht Ilant of Poi Po Per fer Cent and ond Other Oilier In In Luso LUlOn and II it II Which r l Is I Paying Sixty 11 ibI the Lines or ol the lur it at the Minila I II I I Arc Making Money It ture Will WUI RunA Rua Li La history ud and Condition 1 I w w wI I PRANK G I 1000 by Prank O 0 June Jun ii 11 1 II hit bE bEl ii l 11 u tIe the chances chane for tor and andI nd I ill iI the II I Im 1 I h ure of dol be t lie her In Ma Mar a r malle to pa 17 euch 1101 ft bulge bule out lb I of the thet hi t J I r with astonished delight TI 1 i foil In the I I bank baak with il New York and London of people hl I t 11 I 1 I I gotI I a year ear Ed d It hu ohl only II I I ink n k worthy of notice Theae I and aDd hank bank hankh II h I I flank of and the Il fl r I nr 1 two Iwo are Is the bank Mak which fl I the Ih third 1 lit of the Hit rIi th American I Ih h tb the oal only anke In CENT A TAU v II ih h banki have baY I urge capital Th I bank I is b by byH H Ii 11 IWO gold old and th bank b by mo more ua than 16 ii the 1 I and tv liabilities ot d i I 1 h banki are making big bigI t I 1 I n Ii Th They y do chiefly aft an i dl charging It Ii r allY and every vry coomo I They eatch you com cant cantS comIt S It k 1 A good percentage oft off c r 1 lar that pa It t yOU ou bould draw fl r f th bunk and nd spend a da dair day j ir It II Juk bIk and forth toh silver I 1 I I y time It would pro i I 1 j h to nothing the I tk tu hu s I up the whole as its Ita ItaI ft I jn fr fir making tb the I i 1 tk ng and bl k In InI 1 1 I j charges halI for tor cashIng its own lark ark This Thill I Ii the cue CUI with Lb 01 11 r to t d th branch when r P 1 II at atA A n ot of the profit of these i I hav fliS t th half bait rIy ot of the and nd H n uk for the II six months end nd i 11 II 11 Ja t The ftp 1 th Ih niney I shall use In tb the I I 1 L 1 hr 1 r 1 this letter Ton Tou ba have 1 L il 1 amountS b by two to reduce I II I u tl t gid This statement shows that I 1 ink ik made mati during that six 1 i 1 r meting all 11 bad or doubtful L t 1 tal 1 pron amounting to more Ii ri n S 1 This W was ott a capital ot of off iI f 1 and It means a profIt ot of 10 0 nt In IX 6 di 10 fist lIt ut lItI II 41 I irli period the bank did a at aJ t J r fJ I r than It ItI Ite IteI I I I Tire than and lId j p r f JORn and discounts ot of L 1 l II t I II It paid to toi tok k i I I tF lidded added almost I a million 11 1111 it loss account and put puth It h t nJ to It Its reserve hand fund handi i L t I iI to j i i than It capital tock stock blink has h al always made money have been materially In InI 1 I 11 th Americans caine to 1 1 I the h business of the branch branchI 4 H I h l I th the chief depository of 1 ii I and J handles banen several eral million worth of our government funds monthly It 1 1 tb the highest rt rates ot of exchange and does dOlI It In such a way that many of the are praying and hoping far an aD huh Such Buch a bank would of course have bave tb the lovern ment funds funda an and upon thee alone Ione It could make malee a profit A QUEER BANK FOR lOK TUB TUE The Tb flanco Bartoo occupies a curious financial P position In our I is island land It Is a InstItutIon but It claims claim to ban a concession by which It ii Lb only bank that OlD can Issue UI Mt noise I Ut ot Th This wu wee It position under the regime and tod today Ih the note not In circulation b hrs are those of 01 this bank The Banco claims that the United state b by the treat treaty ot of I Pan Pari h hu no rIght to establish a n na I bank nor ner to Issue greenbacks or orether I Iother other ether notes note doubt I how bow however ever whether It Its will hold and nd I 1 am much d to believe bellev that It i iI I extension ot of to 10 Uti wu was made mad after our war with lIh 11 wee In pro grem and with willi a view to such a corn com a as has baa arisen I have had I access to the ot of the bank and nd can give Ive a little ot of Its Ita history It was established In with a cApital capita of and a charter ot of pam earn In 1870 the time rime at which this Ihla charter expired an ah extension ot of years fear was 0 thus bring In Its life lite up to 1901 1001 The last eltten on which the claim of the bank I Imade Imade made la is not lIot mentioned tn in the trans tran translation lation ot of the bylaws and regulations ur of the hank bank on file with wilh our general and It II was waa probably ot of too toolate late a date to rt gt In InThe InThe The Banco baa ha al 1 wa was beeR been a moneymaking institution and although It II lost considerable at atthe t the time ot of the conquest of Manila through the Spanish It its stock lu le now quoted at t per pr cent ent above pr par parIt It I paid not Ion long ago 10 a dl Qt of S I per cent and that on the amount to which the cap ha has been increased from time to time By the 18 laws of the bank the vo Oy general ot of the Island I It its chief director and 10 per cent of the profit thuat mut go 10 to thE director and nd the gov board so 0 that of the that the bank earned during the above boVI six alx month 1200 should hould be divided among mon our government who are b by law of the bank bankI I understand that the decision as to the continuance of 01 the bank I ii to be left lett to Congress and that the bank intend to fight for lor It existence The lust concession It if It were gotten otten after fter the beginning ut of the war should hould Un Undoubtedly be d declared laNd null and void voidA A SAVINGS DANK BANK AND I II PA PAWNBROKERS Thor There I only ORly one savings bank baak In Manila and this I 1 combined with a sort of a government pawnbroker shop The Th institutions are run b by the church and nd the I is call eally head The capital stock mouna to about The department gives a rte rate o 4 r Nat t and nd the pa pawn n cha charges 2 per cent on loans with gold sliver and ad ciMbel iId collateral The saving bank Is III open every morning for the withdrawal ot of de deposits posits so 0 there I is no excuse for tor the good Christian who h has money In the bank not to pay hi church duel duee I think a rood good saving bank on the American plan would pay well There will be a Ir large lore force ot of American soldiers here tot for yea years and at t present there I no pla placa for lor them to 10 deposit small mall savings The Th W big banks bank do not encourage small accounts and nd they ther do donet donot not net like a or chock aMok of I less than 50 0 There will be ebb chanoN for tor building and loan UIO laUon lIter later on and In Indeed Indeed deed for all sorts ut of In D The interest pates out tn in inthe the country are re high running tram from 1 per cent a month to 25 and 20 per nt and even more a year yar Much lIuch money I is loaned u upon On crops crop and In manY c case the leader leDder stipulates l that the interest be paid ld not In money but In Ina ina a of the harvest In such INCh cases aIH U much ii al bO 0 per cent nt is charged This business however IS chiefly done by the Filipinos CONCESSION FOB roa MANILA Tb government wUI hn have too to do some tum as to a number or of cl c ln con concession cession which are In the bands ot of par partI parties tI ties here her u a to street lyle tele phones electric lights sad aDd other thin thing some ot of these the con concession loa were granted 1 or extended at the tho last lad when the Spaniard kill knew the they were to 1 and to male make as much as they I could and to Involve the Americans In Inas I Ia a as much trouble aa possible I is issued sued for tor mines and other t things and did what th they could to oJ tto troy archive and Involve the title to property The various arlou conc concession have not yet been upon by the gin tn erI and It has so tat tar been D h hari to let get definite information them thum The owners are closemouthed and is H I have bv howver learned lh the following Thre I a telephone which w we established In 1811 with a ot of and which hu has paid ld on the average dividend of S 8 per aunt its formation It I Ii and poorly equipped The be Instrument at atUt Ut of make with wooden sound lOund sounding ing boards board through Which It I ii almost impossible to earr carry on 00 a conversation without repetition TIle Tb company charges 8 per month or 4 gold but even at t this rate with all an Improved a ser service r vice and new tel telephones the receIpts receipt would be enormous The Tb government ha lisa It its oWn telephone service using Bell instruments STREET THEET RAIL WAn There Thue will be lobi a big id here for street treet companies nl At present the only oDly tramway of any kind bled In this city otty of 00 is II one run b by Filipino ponies It gives the poorest kind ot of a service with car at t such uch irregular in ID interval that you OU often hv hive to walt wait from fifteen to thirty minutes toe lor a car carThe carThe The fare tarl are I 1 to I nth gold accord according hI ing to distance but with a lOad good set ler vice Ice and an electrical equipment the travel would be so 10 great reat that the com coffi company pany fl would pa pay At present there therl are 11 only about six Ia mil miles of traCk but this could be almost Indefinitely ex cx tended b Winging in ID a number ot of tile the suburb not now reached The MIl climate here I is such uch that tew fw people walk The MIe chief mean ot of ret get about la ii In little cab called and pulled b by punie which Jolt one terribly III a they carry you ov the cobblestone streets t 1 It I is theta are not enough Of these to supply th the demand and nd the only wa way that one Olle cart calt be sure ure of transportation I a to oWn The trant tramway company h bu a capital at f silver and aile It II I noW parl dividend of S I per cent A to t Lbs length of 01 It Its concession I do not know but ut I understand It hu bl so 0 violated It iii agreement with the city It that tb the eon con cession could 11 be set let aside ulde The e stock ot of the com company UJ is II now nOll selling at t pr par A Almost an any electric street rail railway wr way In Manila Manill would wot d pay TIlE Manila h has a very err good electric light plant The machinery II I American hay log ben been by the lOn Houston Houton company at Boston Botton which has hall hallor or h had worth ot of stock The com company pan hl has I a concession for twenty from at which time the was put In III It bl baa a capital of halt half a aDd nd pals dividends ot per 0 A LAND JOR ELECTRICAL Outside the above mentioned there are no works In the Islands the coun country country try I is one especially fitted to 10 furnish electrical pOWel Every one ot of the iii 11 and h hai numerous strums 11 flowing down Its III There Thre are maO many waterfalls end strong tron currents which run the year which coUld bl be used tot for the generating ot 01 power for all kinds of Some of the suar are now lOW turned by oW old fashioned Wheels moI while are rUI b by ud and buffaloes ate ra nr to s1 splendid water Power to move railroads across th the Island of might be gotten the mountain and In dd all the manufacturing if this iii 11 an cud could collid b be done with the tho eM of dyna dyn moe In the tho past t GUon catton wa 88 tully fully rallied raised In one of the provInce inc Ince of 01 the north but tIP the government It aM ad tilt the to be turned Over to tobacco It If cotton should agin be planted In that thit region rellon the power for factories easily be had free tb streams and tb the great market of 01 China might be par lu supplied here hert The same MIll be done I I other parts ot of the tbt island Ind RAILROAD INVESTMENTS I Isee aee that Mr arNt former mini from the United States to tiam IU mate that of American n cap capital ital might be pro invested in ID tb the building ot of railroads In the philippine Islands I cannot give IVI accurate tI pates of 01 what railroads will ot cost he bUt there I no reason why thy they cot colt more than In the United States Statu and the line that might be profitably cost Oot are 1 man many Take a look at the and d you Wilt will tee see of the poe pol ot of such uch Luson LUlon t Si Sia a long a from New York to at the north than from Bal Bil timOte to New York It I is In shape Ilk lAte an immense bird down upon China tn with lIh its great t body toward the north and II its Ion long neck neek lra craw and head toward the south lOuth the richest bird In the aviary 0 of tile the unIverse Ita It tall tail I tt tat with tobiO cc and lId coffee ofte It its I bowels and stomach are loaded with Ith sugar end and rice and Ita neck and nd head contain some of the nob tit eit hemp sugar lucar end lands land to man The bf bite I ot of the world is III raised railed in Itt iii bill and the whole of It body I is feathered In spots with of 01 and mot molt vl vii bit tImber The rite railroads railroad already contemplated embrace braN J I should 1 say et at a rough guile guilet Itt t a thousand miles mile and the is II that tbt more than this could be profitably built Th the freight already tn in existence wilt will make the road pa pay and nd at as tile the same time the they would bring about such uch a do de ot of the th country u to make lIIk their tock stock increase In value alue right along THE TUE ONLY RAILROAD OP TIlE THE PH E At there I ii but one railroad In tuon Luon and this I the only on one In III the PJ Islands U 11 It Ii mU mUSS Io running from Manila through tb the valley U to itt the Quit Gult of It 1 taps tap One ODe of the be rich rice riel and sugar r 1 Coler of the Island but bitt on one which I a ano o no 0 better thAn much of the country south at br here and which I is not t so ten fer fertie tie tile out It o Ii said R as the r rich nie valley of tb she Ca further not north The Mania Minim railroad as It Itt itI t I called 10 I is th the property ot of a at C Lon London I It wu was started tard of If on which the wl with a capital OO 0 wh tie government o an b lp In tv per cent cent which guarantee the company expects the Unie United States to The term of its ta oon sIon wal we years from abut about lV and lt at th the end nd ot of that time It tl to blon belong to the government The railroad hn hns not conformed to the t lt of tl tho lon llon The firSt nt and It was wa not ts I it has since Inee II its tal id to and I It probably HOO pay on that at amount Th Tb I Is Well ell built but I is now flow In er r bd bad repair having bi been torn up and In during the wr war 1 It I is now ll being orle operated b by te th the Ita Stat army two 0 Pr train each arh Wl wiy II over oer It e ever day The Th coal cm pang pAnr demand damages of Ihl the bv Americans for the destruction caused by th the war U It claim running up into the million of dola dollar SOME O E POSSIBLE IN LUZON Amol Among the tho railroads a wi will probably ably bl b be planned a as 11 soon as the Islands ba have bome become thoroughly pacified are lne from Irom north along the we west cot to In Sin Frando ernando LOB and nd the extreme northwestern end of Lun Luson en end alo also from or Manna the provinces of ren een Ad Mid Luson to Roth of 01 thea these lines could b be easily buit built advantage The They Would be ot of immense to tile government In a mi military way way and woUld probably pay from Irom th the start u as they I u up Im some p ut of the richest lands of 01 the Philippines would bring th the great tobacco fields ot of the within a da day ot of Manil Manila and would oln open up territOry which is II now worth I little tt Ie t It I is 1 so tar from the Tb They would open 1 some of til tb the 11 bet ot of the tho timber lands landl end n also alo a rb rich and agricultural country In the |
