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- W W bidder. He thought He hoe. friend did ' wrong in Introducing into this debuts, the eeleetlm main by the {rovernment of an , arbitrator. It the 'wr". gontlenlen really , found fault with it, the Government were will. ing to take a tut Vote of tho houee " that E anpointment AI regarded hie intereet in s. Upper Canada, he thought that Mr. Ieopherm you a election by the large diviulon ot Sengeeu- i by 1,000 mejority. wee a "friouat evidence , p ' the: he pmyesrod the eonfi8enms ot th ' people, He thought it lil-beceme the " Oppoeition to attempt to throw obetaolee in , the way of Mr. Hecpherron'e usefulneee _ an arbitrator. The hon. gentleman the N" r out the idea that aomebody else ehould he I been ulrcted. The hon. gentleman ml E , have hie own opinions on that eubject. : ' " (Mr. McDonald) had hie, and he did " , ', retract any of the opinion he had 0 IE entertained. When he bent, he brohozl ' (Laughter). m asked the hcuee to oonei- . that thin amendment would poetpoue ", L " measure until a time when the Governmen & , would no ion or be in a position to eek tor Il thle etcch. Sl. 1ntt't', that he did not G wieh to diecmllt e bank. Intheiete " cello, thin Government placed 820,000 in the . Royal Bank. This act, by chewing the I, l omtitUnee of the Government, wee a matter of greet importance to the banks, and etopped the run upon them. Why then ehonld thay be told tc-dey that they were Igeiuet the banker He had " much - ooniMenos in them ea enymau could have. but he had mil more l "tfidmtttes in the etoclr - of the Dominion. Ron. Mr. McMURRICB in approaching thle subject dieavovnd env feeling of hoetii- ity to the Government. For himeell, he hit . ooniidenee both in the banks and the Domin- ion "och. m did not heelsete to lay that, but there worc verioue coneideratioue which ' ehouid be taken into account in dleoueelng . the eubject. It wee propoeed to inveet a i, eurplue. But that eurplue had not been pro- ' , perly ascertained ' end would it not be wise, , ' to delay lovceting till they knew what ther to hadtoinveet. How much had they to in. o- veate T i Hon. J. S. MCDONALD-Hall a million' of dollar. . . Hon. Mr. MC HURRICK----Free ot oblige h tiou , I Hon. Mr. WOOD-yo. , " Mr.BLaKE-.5'r.e of lotereet obligation, r (Oriel of No). .' T Hon. Mr. MoldURBICH would be glad to " know they had to much to their credit ; and 'd if they had he wee ccnvinocdthet the money would be beat invented in the banke ot the t Province. In the Dominion atoch their eur- plue bore interest at 6 per cent. Invented ' ' tn the hanke of Ontario it would yield 4 per ' cent. Now would cot the one " that hail million dollars in the Province be worth 1 - more than the two per cont difference to Ontario? He maintained that it would . be worth more than double the amount to rr i the Province. In the cm care the profits' . . wen: to Quebec and in the other to Ontario. i Hon. J. S. MCDONALD-lt you invest il in tho Dominion stock you get 6 per cent. tt Hon. Mr. MohimMu0H-.1htt leave the f money to be need in Quebec. Hon. J, S 1tcDoNALD--Not at all. o' Hon. Ir. MohlURRlCH eeld, that the Hon. the Attorney-General need not think - to throw him (Mr. hhsHurrioh) oft the track ._ in that way. (Laughter). Their money , would go into the hande of tho Bank of Mon. V tree] to make a prcfit onlt, end to New ', York ; whereae he contended it would be , _ for the 1tomstit of the trade end commerce of P, ' Ontario that eurplue ahculd be lelt in the l Province. He atood up for the intereete of ' Ontario. But he would allude to one other H point. It he underetood the Hon. the Attoe. tt hey-General night, he had on a former I coca-ion thrown out the euggeetion that they cc-uad not get the oath and would have to who debenture. i , Hon.J. s. MCDONALD laid tho whole amount could be got. ' , Hon. Mr. MohiURRI0fr-I,'at you Would , be afraid to elk the Beck of Montreal , for it. "i Hon. S. MCDONALD-mot at all. _ lion. Mr. MCHURRICH replied, that hon. I gentlemen knew of one inetenoe where that I bank had nought to injure a rival institution, . (Hear). He (Mr. Ictiurrich) would cheer- fully cement to the propel management of I , the halt million dollare It that mm were to a be joined to other moneyato be applied ' rl by the Government of the Dominion to 'tt ' r paying " the Bank ot Montreal. - t ll Hon. J. S. MCDONALD eeid that the l Cl money would be an applied. It wee intended I: ' that the money ehculd be railed in the Do. u l', minlon to pay " the floating debt. in : Hon. Mr. HCMURRICII had hie own " notion an to the practical working oi the thing. Inetead ot tet placed " a permanent inveetment. it Icon to him the: eurpiu t tunde ehculd be inmted in reduction of the " public debt. But in what form would they '. get that attrpluat