HomeMy WebLinkAboutThe Signal, 1900-04-12, Page 5went
E - S1GNAL
ECH, TRIIR8DA' ,
APRIL 12, 1900.
/ _______
L5uppIment. -
sew taxes somewhere else, Well. It will
N no doubt ratlfylae nth• bfla ►le_
_+at aar�r-•term „e atatlL.
• ave been Imposed, mad lbat co.segeereug
the eoeces.loe of,plouy postage has been
• great reduction of tetanal' to the peopIO
• t large because there 1s no tax that is
Rare esthetes' throughout t'anada than
that which may be ca'led talatloa to areal
the lost of the postal service of the eons -
try. The public will be glad to know
that the •ntlelpatlor of my b000rabls friend
baa not been realised, and that Cels great
boon has been given without eatalling the
neceralty of auy lyrics*,
of talation in
other respects. 11/1 inea.)
But while there e. temporarily a lose of
revenue In consomme* of •the granting of
that boot, 1 rejoice to know that that
loss w-1(1 not la.t much longer. It I a
prlpelple which w. ou this stde at any
rate mewls' that when you cheapen an
article to the public they will use more
of It, and that principle applies in the
matter of pournge as In other matters. We
ere glad to know that owing to the r.dnc-
tlun In puatage• rue people see writing
more lettere than ever before, and It will
be but s few .no0tba, In all probability
not more t&. 1 ,wc:,e months. when the
revenue from the lost -once Departm..t
will he a. moth r+ It ,vas before the pansy
postage was established. IApplauw.)
EAT BUDGET SPE
3h Preference Will in Future be 331-3 Per Cent.-Canadi4n
ties uu British Trustee List -Free Trade With Trinidad.
Beet Root Sugar lndnstry Encouraged.
Jeb 83 -.Seldom has such an important utterance fallen
f a public man in Canada as that which was delivered in
.amens this afternoon by Hon. W. S. Fielding. Rarely
Parliamentary history of the Dominion has a budget
enthusiastically received.
or of Finance has a well established reputation as an able
miter,and crowd and a full Hones ed galleries greeted him
lssk at 3.35 o'clock, and followed with the closest' atten-
rl7 speech, couched In clear, concise language and full of
gide and the Empire.
gelding wan to splendid form, and wan generously applaud.
BRITISH PREFERENCE RAISED.
(4) The raising of the British
preference from twenty-five per cent.
of the duty to thirty-three and a third
per cent.
This measure. the most important
of a11, would, under normal conditions
be an adequate ezpre.sion of the feel-
ings and wishes of the Canadian
peo-
ple. Its Importance can scarcely be
over-estimated at the present time
when Canada is awakening to the con-
sciousness of the debt of gratitude
which she owes to the Motherland,
when the Dominion has everything to
gain by cultivating the good opinion
which the people of Great Britatn
have formed of Canada as the result
of the sympathetic legislation enact-
ed since the accession of the Laurier
Government to power.
REVENUE AND EXPENDITURE.
j
Thr totalrevenue for 160bfe .was $4s,741,-
.149, or an Immense of $6.18edi0Q over the
w.'rens - fi!-t
bet prlt7eet-year. The ex
pendmlure chargeable to epakotldated fund
for the year was $41.900.m00, or an to•
crease of 13,070,974 '.ref the previous yergy.
HON. W. S. FIELDING,
h. -„stet of Foance.
vwnment members as he proceeded to drive home point
a mfnner which carried conviction.
POU21 IMPORaTAINT ANNOUNCEMENTS.
ty giving the House an account of• the Government's stew -
faithful picture of public finance in Canada was in turn
result being to show that the Dominion has Just closed the
u year in its history.
1 ban done and the financial administration of the Gov -
been vindicated by its results, he turned to the oon-
d hie speech, making four important announcements. each
its effects and all showing the determination of Sir
d his colleagues to make it possible for Canada to make
• great resources and to take the place in the van of Dil-
le which she has been called.
BEET ROvr SUGAR INDUSTRY.
' laxarea are. -
management of the beet root sugar industry by placing
k the machinery used in the manufacture of sugar from
I. As Mr. Fielding explained, Quebec experience has not
Waging, but companies formed in Ontario claim that with
Il14 from the machinery which they bare to buy in the
Banc. and Germany, they can compote in the sugar mar-
k, assistance of a bounty. He had been informed that
I2 requested to operate the industry on • paying basis
8121r.4 for machinery, much of which had to be imported
The Budget Speech,
Ottawa. Much 34.-(9peclal.)-Budget day
lieoufhl b * mivarrirge itteudinc• of
sae
der. kir. Fielding was in wleWtd form.
had his speech of -two boon and twenty
minutes length was attentively listened to
and frequemtly applauded. At oat polar,
when he mnooneed that Canadian securities
could be placed opal the Trustee List In
E.glead, ha was Cheered by both sides of "-
the Hama At the eaeas the members all
rose and seas "O0d lyre the tiros"
Am. Mr. Fleldtng row at twenty fire
minutes to tour, sod was recehed with
hearty cheers.
Ht ukI:-Mr. Spotter, when I lied the
honor to deliver the budget speech a year
ago, 1 spoke to Ibe house of the affalr.
of the preeedtag year. which I wns`able
to diver:be as tbe 11104t prosperone period ••
Jo the history of Canada. 1t to, 1 am
sure, a case of gratle.atioe to u■ all that
the favorers reediting. which thea exist-
ed hare oonthoed, and that tbce year which ar
followed was aloe one of wurederfnl pro-
gress In Canada.
The year )196 was regarded an a phenols.
teal year, but great as was Its activity,
that of the year 1199 was ■till greater,
and I may say of that year that It was
beloud all question the moat prosperous
year In Canadian bistory. The evidence
of that prosperity will be Lound In the
pabile doeumente, In the returns of the
banks. In the report,. of the Boards of
Trade, 10 ib, reports of our great railway
and- Industrial corporative,. 1 may as 1
error hare occasion to refer to a few
of the more striking features of that pros-
perity. and at the clow 1 .hell plait on
the table of tbe House. as 1 hid on •
previus realm, a serial of diagrams
which will In a very vivid way illnerrnte
the progress which t'asad■ has mode der.
Ing the comparatively abort period of her
na(Ioual exlateace.
The Year 1898-99.
Lel me. dr, following the usnal method
of the budget useeeb, invite attention to
the financial •Oalr. 'ot the year ending
the 30th of Jur last which we describe
In oar blue books as the fiscal year 1A06-
pp.
80&00. During that year the revenue collect-
ed from all sources amounted to 246.741,-
249. This assort, Mirk 1 may say. by
the way, exceeds the anticipation 'sprees -
ed In my statement of last year by 2108,-
s30. represent. the very pronounced In.
I term. of 1,18,,•000 over what was 'emir -
ed by way of total revenue 1. tbe preced-
ing year. tCheera.l
Sources of Revenue
TREE TRADE WITH TRINIDAD.
*Wm )o inaugurate free trade with Trinidad had, the lin-
e arplalned, been arrived at as the result of the findings
19 Deputy Minister of Trade and Commerce, who had been
1 the pant summer as a commiesion•r to discover the pos-
1114 with the West Indies. Mr. Parmelee had reported fa-
h• prospect of the development of a profitable trade with
Trinidad, which at present imported large quantities of
ted other commodities from the United States, and which
raga and cocoa. The attention of the people of Trinidad
toted to Canada as the result of the operation of the pre-
,aallotiatlons have been entered into, and the Canadian Gov-
niimed free trade between Canada and Trinidad in ul eons'•
gat tobacco and spirits. Up to the present the Trinidad
N made nn final statement, but they have declared them -
re
de
°slop trade with Canada, and there is every likdf-
11'407 arrangement being concluded. The effect so far a
itned will b5 lower prices to the Canadian consumer, mad
red market for Canadian products.
gscURlTnlfm
IN 'eTRUITIR LIST -!T,....:..,-,..:_ 4.;......--,f, -
hiylen of Canadian securities to the "TPSu1N i10Nr In
How great will be the advantage of this meat important
"ones be admitted by financial man. The effect will b.
R velum* of funds hold to trust, such as ]money held in
Oro capital for whfoh absolutely safe 'armament is
°a, and the inv..tment of whfoh has hitherto
to melt gilt-edged British securities as console,
eta Gnveramsnt securities, and, as Hon. Mr. Field-
;ftrill greatly improve the standing of Canadiaa bonds
6.Practically on the same footing as British eensols, will
ra'a tnaneial standing, will advanee the Dealing pries of
t bI from two to three pointe, and willdir•etiy bring
`
bit° the treasury of the Dominion. This advantageous
hi,, has arrival at ane the result of the loudness .soarfty
"bora' rule, the efforts of the Canadian Government,
I M lord Strathera and Use 91iOd 'Werk doe. by Mr. Joke
a
Llrialetrr of 1'Inans*, whose land-- Eon Er. Fielding
Zli troth stating -was strengthened by the statesmanlike
hi,.td7 M Firearms
for Canada. As the remelt of this abatis
hehip Connie will b. at once and folly recouped for
14aa"lay involved
1•111
Small Mdse.
ved b y sending troops to Srica.
N Partianalmtn tlt)tlaly b7 i.g a1*141a r. Yd
L____
The following are the particulate of how
the ferrous has bra derived: -
1807 -A 18118-0.
Commas ',....151,704.14X1 j25,:11A,61
keels" 7,871,303 9,041.227
Pest Osco'" 3437.809 3.196.777
Mleceltsaewa ` 7,490.973 ill ea
Total .. 240.053,238 140,741,249
IScrea.. of Customs.
Toe tortesse of enetows was great elofg
the Iloe, there befog bet two articles ow
wblcb there was not an Ingna.e of nv-
rue. In case of excise there was as in-
crenne on ■11 artlelea. 1 have here •
stetemomt of (he revenue collected on each
article 1* the excise department as fol.
tart -
Art law
amaArtklw Dirty Thtty I()crease,
accrued. scooted.
11616 17910.
Spirits.... 91, 363.673 14,3416147 11.102.571
It 3144,41 843,198 253,872
cigars . 676.577 69. 91,919
cirettes 340.841 309.041 0(4196
Tobsocw seed �� 2,(k1t.8a 2,014.1161 260,211
27,71•;•4. 11Qkeile $t.Tf21t1/
1••
es 1 bare already stated, 1e mincalat-
.rma revelers we hare • lees* rowlpt rem
the Teton. whish Is • tofprr•tlrely new
rota of error In the last year or two;
Cod we bar• •a sect~+.. of MOItoon h
th..& w1tiga of Aoretem•nt nllwya
The host-Omos Dspartasat,
1a tete goe rel el.astralles of rear rimer
.f ....wee, tea only Item which there •
eta tewlNm M the resto9lee Department,
o ne that we do bite "Ward as • matter
a regret. bee.ow the rMactlna Ib tb.
f*weetate .t tie Poet -Oar Depsrt"1.t 1. a
maileder d tea remit refer" ser.mpllnh.d
la tie e.p.rtssestt be q hssrwble treed
uta P..truereGrand when be ese.ble.h.
.4 the great boos of leo power pet. (11.,,,
tsar 1
I reebemeter that my timesMo friend
the tender of the Oppnml(ben wham err
lag .w1 *bet atthtetet it a addle gathering
h ter. rite of Prattville wet mar mirth.
ago saM that the GeeoemaOst bag re
zt 00 reelage ss two onto1ml t►at
1101n -alit iii 1•• oat iwwtw{ gig
315
240
480
ceptloaal charas. of ow kind- or ■not ter
wdtteb • V Lpf ttyR.�ert_:( 1k� '. +' •_
!It@Vt+t11188.
thew from time immemorial are collected
togetber under tr• beadle of Capital Ac-
count," dbtlogullbed from the urdluar,
r
et
e
•ue accatat.
Let It be clearly understood that the se -
runts of the Goveruwout as respects these
two clamor et espeadltur. are :rpt today
eXactll as they were In former dales, and
therefore ti. committees" we make err
thome we bare the rtgbt to make witty the
expenditures of former admlul,tratlons. 1
trout. therefore, that tboee honorable gen-
tlemen who bare aoafused these two ac-
counts will draw the Il,u between them
and see that any comparisons they sub-
mit are properly made. .
We expended during the Inst year on
capitol account. that Is to any outride or
dlnar7 charges agalur( rem nue. 10,137,562.
The Public Debt. 711.'.
Let us turn now to the effect of this ex-
penditure In Increarink our public. debt.
1 ha•e beret a statement abowlug the ad
dittoes to the net debt of the 301b June,
CaeItal expenditure 13,U36,11141.94,
railway seleol41e. $t.201.112).06, expense of
loan of 1697 $3,786.67, allowance to Meal-
luba (.bier 61 h'Ic, Cap. 4) $$J7.Oreti.4$,
awouat puld 10 Man soba (under 61 VM.
Cap. 4) $2a1. W2.tri; total, 10.039.•
61111. L,•es surplus it.$37..i49, sinking
fund $3,432.46.66, refund account Y.W.T.
mt4n411on 11.863.11. con. fund ansate"
jfrs4.I6; total, 1T.541 laeregse a>t.
not debt, 42,3;7,047.W. TW. hatter.it of the
pnate debt, kir. Speaker, Is somewhat tat.
ger than 1 at Ane time exptv, but It 1a.
• otwttiatsading, a vary saderataledbeeps,
the.. expeedltures have produced moans*
blunter--_1-.bare- bene
- n
pubic works, I.C.B. and railway subsidies
ter two periods of three year. the t�LJ56
train
14-36 and the three years i-jq
All there elpeudlturee •re charseable to
capital, and were as follows :
1694-8. 1607-9.
Canals 17.736,216 19.dad.T
I'ubhlc works 116.677 e00,
lutereolodad 1 O6T.11W 1.619,
Railway entwine" 5 TIP,181 5.038,11»
Taking these tour large threes of ex -
pestle ere chargeable to capital. 1 end In
the Iael three years of the late Government
they ap,'ut 114,851,483, WWe our eapeuell
ture est like ebaracter to three years
amounted to 116,167,500. and eon will be
seen that, while we have a larger ezpeodl-
ture las the aggregate, weare aWr to point
to swab Ilona ea the. to elms that til■ ea•
penditure liar been applied to services ak.
*Mutely uee.saary fa 111. " growing time "
la Canada.
• M
'A SURPLUS PREDICTED. i
1 turn now to the affairs of Jr,
year ut which our eight ttroutbi .vet
'parsed. I,altlouat• that ate total -reveres
for this year will paw the arty million
stark. (Cberrs.) Our experture up to
the drat ut the present month was 123,-
018,260. It will be necessary to mate ■
somewhat liberal allowauce for the rapen-
dlture of the reurulnder of the year. fast'
'yelp', 1t will be rewewtx:ed• Parliament.
itdJtmrned at a late [late. The Minister of
Yublla Works was, ase dlttutut*l/, absent
through Ulnen., and very many of the
grouts which were appropriated In trade -
palmist wore nut expended. But arrange-,
nests have name ,barn made. sod 1 have
eerily, therefore, dr. le • v'y Waal ens
women- :'"as .� r , • oat
st,•tad with finance 1. aware, we Aptfe
been parries through a period of Meal
•tudngeucy in the ,,hooey world, it 1. grad.
tyingto ua to know that we Dan beeu
able to bear these dlteculaha and net 15
upon -the money market at all.
Predictions of Prosperity. -
T have spoken Of the year 1[198 99. end)oa
In Jnue, and 1 have spoken of Inc current
year-whteb w411 end o0 the 301.11 of Jun.
next. I have pitted on the able the ,,rein
estimates for the year bsgtenleg the 1st
of July next •red supplw•utar7 eatlmatee
.114 follow la due wane. 1,40 not think
It le oeuewry at present to go Into any
epeculatIou as to the dt0uua o[ •ext year
further than to ear this, that greet as
has bees the progrers and ptoap.lty of
(allude during tike poet two or three yeah
we hare no reason to believe Wet there
1s gulag to be any early chert to that phis -
peaty.
1 do not think It le reasonable far us to
)hook forward to, a Continued period of ouch
pre•peeity as tie 111.. had. AA 'T vsetured
toAlr,wark on a drevloua occ•elao, the pen-
dtillum that •wtiir one way utay some del
...wag back and 11,1s nisi}.. w.11 that we
should keep that In mind. But so tar a■
we can •ee now there Is not a bte.kein the
wood there is every reason to beer.
thea the new taunt year will be me of
9 •r1
tY to Cao
a and that we will
cam out of It le the clole wick a goad
ynnaogN statement. (Applause.)
•5•
THE YUKON EXPENDITURES.
1 waist to ask the attention 01 the Here
DOMINION OF CANADA N- •
DEPOSITS BY THE PEOPLE IN THE CHARTERED BANKS. of CANADA
JUNE 3OTH. 18- �lMrii-
(D(.aaaa .5 C.aetev,.s time 5u5ty •Prtaw .• 11011. W. a. rIC&DING. •,aisrea .e re . $...s.n or 1100.)
CM 70 ®IEMEN10E1 .796'0'6Y Ce ?3 64 ee : , ;91 SetaltD95 9B 7 j
220
210
200180
180
170
10O
160
140
190
120
110
100
90
I
.99
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E`TFEE� fp
r tittFe� mE� � ig g� � Oeyps�� g� Q�
t-
00
Ib
0
•ti
lel
The reel 1 I Ixla toe Int
enn
D
on the pas Ile debt. In which c000eetlon
we had to pay a full year'. interest In
the previous year.
In legislation we had to provide for the
plebiscite; In militia we had to pro
-
rlde for the Yoko. co0thnpet expener
and the expenditure on aanoal 8811; In
public works we had to provide for Id-
dklosal dredging platen And monorail k
pain and extensive addition. to these
works; le our corms and tire? service W
bad to provide iter the Co% of a new
steamer. We had alae to pri"r.•Ide for ex-
pendltne* in the Yukon teeter, whleh was
absolutely nelreary, and e. honorable gats
tlemen know. our Government rallwnys ate
being deretoped to a rnnsldereble exert.
but our expendltnre to that roneeetkon Is a
profitable expenditure. a. It 1n the eau..
of Increased earnings nu the lataregoetal.
Wr had. therefore, a revenue for the
year 109* -9 of 146.741,249, •nd as export
tate for the same year of 141.906.500, sn
that we closed the year with a earplug of
14,627,749. /Loud cheers.)
▪ Capital Expenditure.
1 'honed now refer in the grotto' M
whet we call capital expenditure. There
le a 4Mposltks oessk,nally oe tea part M
eam. honorable gwitlem•n, who perhaps
ear. not 01,11 rhe ma MM.? aniteleet .t-
t•"rtlnn, to ronfo5e rapltal sear -.rest with
herwnw aoreat, sad even during the Area.
eat restos we have heard honorable wee
themes frost thews two arson.(. es If they
were or sad the our. and pet the total
•xpeadlt.nre ot both repeal sed rear
4nong oar tire. ag.tat the expadlrl
or frerei r aev.rnmeet. wbke IsilfltN .
ereeae *bargee only. ....r.. •..._.:..1._-. ,..
There Might to to e6 meminareiteelag
In s matter of that art. 1 net Inc. that
there will eo he may on the part of tbe
loader of the oppnnitt a, who at vert time
enerniled tee please. Department blm.slf,
ser s tb• part of ere. e.•Mswe.4sr .,f WI -
Renee. begone* bath these brewer. gee -
Gomm are well aware that there r •
boned distlsctles betwer three two acts.
t>rnusnal Expenditure.
Thom sr erre. !Alas. nr .s nonwal
eet.r.reer, re% as be a matate4les ed
greet p"M4 Ivrea, railways Cpl oaea
lits setehi glss •t'eUltwyt s( gam
*
1.
of the debt, having regard to the ser/
large uDdettakln"w In whirls we Love In•ee
engaged. When 1 looted that It was some-
what larger than /oto, of us anticipated.
ane of my boo. friends opposite weld
•• Hear, hear." There Is n popular Idea, 1
tens; In sem* quarter. that. the Inerenee
of the publlr debt under this ■dminletrw-
lion hen bees very large. No atatenent is
more unfounded. There la abwoltttely no
ironed for any statement of that themes
pi it a fah rompertaen be made between
the expenditure of the present Government
v1S4 that of our predecessors.
A Comparative Statement.
I bare here • ceaperetfve statement of
the public debt for two perfodt. 1 take
Ant the ported from 1878 to 12(6. 18 yearn.
Nee debt.. tat July. 1876, 1140,362,O611.91:
n it debt, lat hely, 1806. 121[.497.4.32.77; lo-
crww tor 18 retire. $118.133,2113.66: Inc,
a e her
{ ease per ■nanm for IA years, 26,•
09,073.71.1 sow present a similar atonement
for he three years front '06 to '99 : Net
debt, tit Jdy, 1119*, $116,04,422; net debt,
1st Je1y. 1199, MI1,273,446; IDrnYe.e tow
these years, $7,776,013; average Morro. nee
'mom. $1502,000. But this statement, fa-
vorable as It Ia, hardly tells the whole
story. Of the expendlt,t}a of the last three
years about two •od s Mit million., le
tonne numbers, has [teen erredod In pay
Ina o0agatlea. sneered Into by the list.
0oversesent or obligations whet extorted
prior to toe. Onveraeoent ranee( into prorr
ei sod wbinb thea14 have been mea by th•
pte•kwls Gerenensen1, and. If inn take this
two end s half Minor from our esprit.
him .44 hold the. Government reepontµble
wry fee Mot platten of the throve., of
1090 wroth 1. represeet.d by their own
tett., her rhavga (wearing entoarainonr to
Moe coming Into neat, yoe will fled that
die sveesp anneal lorr*sae et Me reedit
debt solar MM adnidrtretiow has twos
weir shwa *1,766,091, evident alma M.Mo..
as for overt year et thm envsrmment of
*sir M'elet'__. Tho ether day, wive
sone rwarrsee wee mane In M. entre• .4
dlsrwsrlag morn* largo •epewe"f•wea on the
part M MI* (Mteromeet. swenebale ..k•A
Mat they wore fs, and ea bon eoetbemee
.ppesll. red -' NalSitag." ant let net tall
e lartl•e te4tyo• ole there It .4 or et
psbt•re 1111 y 11a0 the
.tea 1v *Wail
oD
d
.•w>A
SRO
K viv:
i i I / pmt g# 0.4 114
°.� d 11
'90r'. wan 1
(Le burden, •
4,,04141117.
.a a, alga*
re tete relltel
f -V301 Wert
our CUV ;
su sur• 1i
'um WIC tl♦e
114 w 6.11, if
...due Ibis v
1rirld f
u tutu two w
4u tie carrot
et Of 10.- stall
,tercel. We 5
;,,,111th. or s}
no man to
Id not du w)
bad be put do
rtltwoet. '1L
eel hu u. by .
a11rA fur roil
were 1010ed.
r, of eoitlM.
Augly U1e1
bole ,nth 40
r1.5'U,t$ t. 1
lug o[ drat kI
ua•ud young
.,e thdr Uvs
try and tea
-1,•nd- 101104 t
.ts•ause Instead
1001 two th
boa. ftarod w
vu! ('maria M
,[ 1051 wbO w1
In Bumph Aft
,'lMi d Nom
re hundred 11
ive been r)1. e
o.1a7"• A•d,
atter *41, sad
111 of or ' stet
In iter. 1
w•awtnd m Sw 1
t,. pronmob w
sane, to go to
.e•.•tns t0 ma 1
occu•ba 011.5
of dl..ect 1•
t oceaisa.
epeeeb 0[ my 1
✓ from diarist'
bOm to tomes
,atrioUr faintly,
,•tlt upon him
rtlr. •rthcrf we
v bun own tam
wt4es uD ow M
awe d.tlSS • t
• 1,ow sweet r
err .Id.! g..u;
one die •ad 1
I(.tho. .Il M '
otter? Wo 1
,...w..asw.v--...l ...a,e Oma [O - - -
WIMINIIIIIIINONOINISIll+pr,rtRa.
v would err
In t
the ootiorgethN
out o mthtary
a Lot me tali
heart [bat my tet
ntertaln of rho b
111 •error horn
ung rolubteen m
In the Br1"at *
e»r. our:ewl". al
.7 00 [how du
00111%17 wblcb
✓ (tither. 010.0 1
r t0 t0e I.N 0504
ons breast. (bete
ealtasr at the 1110
muatitr7 by raw
ter. trial. But 1
us the later=
4 - I"preealos toad
,e commander -In-.
ane post of bona
.Ids with [bat tat
ighlaod15 wb5n
,,.turd 10117 Lie
teat 111.70.40*
it their conduct
• them the en,om
•hied and the oast:
•01rada O! [how
teed death upon s
1 para of the w0
• 0..000 414 mit
1
rot of .11 prude.
lam, 111. pr10e of
riNng otresgt0,
mamma that that
the world that a
th• wrtit
to work of ante*
m dlfhreat eaotsed
5t romplc 1. We l
occurr.Oeea that
that there Ian mu4
But three le no
11 Rhe band create
m
o mos. Too -day
treks repre•entl
Cadlab tamely,
thehonor of
5manhat. 1.11.0, r
✓ reentry the lase
Their deed bodies
to grave, there to
t that lane fraternal
bop. -t a.k my .
In [oat grave *0.
Ii•a of oar forms,
shall bs toe revel
hope, 11 we can N
,ball M for mor Y
,n., toe wnding el
b. the grretrwt w
Dada •lore mrirder.
ttv,e whlrh 8014.4
tet* shut 1a/311'ed
,*red the hart .0d
knowing him u I '
drmrnt, they sbouh
nom further this moll
no doubt Mat tiering the working .amore
between now nod the tat of July very lib -
foal expenditures will balm to be made.
We make allownnee. for n liberal expen-
diture oo that account, and, making such
allnwancee. 1 ratlmnte that the exposits d
the year will be $4'1,11'5,000, ■ id 7 antici-
pate
ntlrGpate that at the clow of lett ascot year,
making all o,w calcnlatlota and keeping
our sc,onnta In exactly the mime way as
our prrdere•wwe, we shall lave a surplus
of I ,52,,000, the lament euretna In the h1. -
tory of ('cneda. (Cheers). 1 may and my
Reif tempted to Inhinge on the copyright
fir the Postmneter General (Mr. Unlock)
and Ineetibe on the public •ccoant., " We
hold a vaster surplus than has been." (Ap-
plause.)
The Capital Account -
Coming now to the capital 0 0001111 for
the current year, our expenses to the 1.t
of Barri, have been 1.,341,462. We .have
lag* ripens!', on railway.. on canals, end
on publlr work. yea to make. We have
provided liberally for these.
Then we bare thin year .nm• services of
se exreptaotal character, which, we are
pm.d to mention: a-Rrvtt4 whirls M net fol.
ourselves• but for the Empire and for the
m.Intennsce of ever trope le Africa.
IChe•r..l NCe have a large 0190014' to Dreg
on that .ervire I dealr.. tospeak of the
puhtir .1eht M the year with same emotion
because t know that nae may Melly or,
and I knnw that the torr.+/e Met year
wan aremew0at more than 1 antlrlpeted, het
looking at Me matter earefelty, making the
beet eatlmete one ran for M. year of which
four monthe have yet to elapse. 1 am of
the opinion. and 1 think that oration will
prove to he rorrert, Chet daring this rut,
rent year we dell pay 511 the IIMr l out-
lay on trdlnery neron01 that bre'. gentlemen
taperer. talk •f so often : w• w111 trey ell
the rapltal MINI rite. we sraslooatly beer
sheet : we will pay all the railway sorb
tor ; we will pay every dollar of the ..•
poem reepilt d to tot of July for err ear.
vier In Math Afrlea. and et the end ,M
the yeer w• .halt 0a hare, added one den -
lar to M• pnblle MM. ([Tera
for 0710 moment to An item that haw nnll
recently appeared in our public. •rea1nt5,
which has taken n "rest deal of ear
irony and whl.T .wells the .X0.71000 millet
hen. gentlemen opposite 11ke to .peek of se
well. I dale@ to real Ute attention of the
House to It as 50 e•Idenre of the fact flat
t mere lhereset of eatien5e 1a not_inItself
an evidence of any Incresstog burdens to
the people but (here may be cases 1. whirr
Inerraing expendiUwe., far from being a
burden, ■rtdally totals to r,dure the bur.
dens of the texpa-er. I have here the 2g
errs of the Ynkmt dlwtriet, receipts and
exposers, for throe years.
Though this Yukon statement swellsole
the total expenditure, though irg)vei hon.
gentlemen opposite an opportnnity to talk
of thla great e190o55, still the same 5r
count .bows that the Yukon hes also Mea
sassily the source of a shall e.
(Applause.)
SURPLUSES AND DEFICITS.
i will TOW oar • word an t0 ourpi61M
and dc6rlte.
1 do not know that 1f 1e aheolnt$v nee•a-
aary for the pmwperlty M a country that
we *beald sisals hare a sandlot We can-
not properly say there may not be elr-
eanratenees In whlet1 a rovernment would
be well Justified to having a dr4c11. Still,
1 suppose we shall agree that It la wall to
hate b bares. on M• richt aide, and It 1s
hotter to have $ .erles of surpluses than
a series of deceits. • 9
P•*Ipg, then. that erre of one oilfired
friends have been dienewesl to expert that
great theater w111 roar trotn th* rnanilal
management of this Government, It ml/
not be 011tbo111 tntel•Mt to ersse•t entrart.
dee statemeeta o[ the 'ureters and 4.46.
Its for the period. or the three year*, 11th
to 1196
001IPARATIVI STATEMENT.
SURPLUS AND DEFICIT.
1898 TO 1868.
Defial t.
1885-4 91,210,332 45
1804-5 . 4,153,875 58
1865-0 330,551 31
Strong Pleasefal Position Total deficit for
three years 95,0194,759 34
T1s lend capital enemies, 1.stla,ate, vW.a
sgsantaal 4a-
md i "46.191 II`.t'Qe:.01/1M.+M�. 4 tAai faWAu.a.a_..s.J..11$10,i es 1j
THE USUAL.
g• Mamboed a pet
suit, ,lel the advtr
•let attorney, who
M ate [lad 1116.1 11
I that the material
cwt whom the as
d. .an InvMllgatkr
Detroit, says If 1'
alt each year from
.ted to the pr*wnt.
.50 a day he would
1.tltap aw much prey
y b Way one of tett
yin America.
✓ a •
New York paper
dla m recently ma
saerdlog to prove
ettaf the ,ennsouy,
placid lb bit ha
tug m min. Aft
whist Maple the al
pond to contain .•
of snmgthlwg the%!
1 maw years ago.
*tarried be kook 1lrt
Oar ret the pear. {
tad Mara performed
w 'tgnire 0114 le
. istredde asked:
enuigf v•
1e pilre, "1 he la
•t.."
t, Jd,1M!" exrlelale'1
Into hie Ieaters
a more. Naw �s
a Maple d pet/