. Hardware merchandising 1895 . mbined as shown by thecut. The many points of sup-eriority of this brush to the oldstylg, and saving of time andconvenience to the paperhanger,are apparent to the praciicalman. The brush and roller maybe used alternately with greatrapidity, thereby avoiding the loss of timeand loss of rollers, and the extra price canhardly be considered. The goods are madeof the very best material, drawn with com-position wire, well finished and quoted, and samples sent on applica-tion. fact exists. In such case to be a loan themoney must be returnable in any even
. Hardware merchandising 1895 . mbined as shown by thecut. The many points of sup-eriority of this brush to the oldstylg, and saving of time andconvenience to the paperhanger,are apparent to the praciicalman. The brush and roller maybe used alternately with greatrapidity, thereby avoiding the loss of timeand loss of rollers, and the extra price canhardly be considered. The goods are madeof the very best material, drawn with com-position wire, well finished and quoted, and samples sent on applica-tion. fact exists. In such case to be a loan themoney must be returnable in any event ; forit is not a loan if repayment depends on theprofits, for then the business is the securityand not the borrower. Nor can it be a meredevice to secure the profits without the re-sponsibilities of the enterprise ; then it ispartnership, as to others.—Business. WORTHY OF HISTORICAL MENTION. It is worthy of being recorded as a histori-cal fact, says Iron Age, that in August, 1895,the price of Lake Superior charcoal pig iron. NO TEST OF PARTNERSHIP. The law at one time treated the sharing ofprofits as the true test of partnership, parti-cularly as to third persons, but this doctrinehas become entirely obsolete, and is nolonger law, either in England or this coun-try. The law is well settled now that wherea person loans or advances money or goodsto another to be invested in some businessor enterprise, the lender to share in the pro-fits as or in lieu of interest on, or in repay-ment of, such loan or advance, it does notconstitute a partnership, as to third persons,unless the acts of the parties, in furtheranceof the agreement between themselves,amount to such a holding of themselves outas partners so that third persons are misledinto a reasonable belief that a partnership in :. -Si1 vi. 1:;_ in Chicago was under that of coke Bessemerpig iron. For the past two or three weeksLake Superior charcoal has been selling at$ to $, according to brand andquantity, while Bes
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