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we w ... . «o. . ----nmediiidii ids amscommmmmmermeninss--otosiiitnitens--menmone.... SECOND PARLIAMENT--SECOND SESS!I0N | | . en rcGoe m n WrpxEspatr, March 26. l The Speaker took. the chair at 1:30 p.m. ! After routine, RAILWAY ORDERS IN COUNCIL Attorney--General MOWAT moved a reso-- Intion ra'i{ving the Orders in Council respect. ing the Wellington, Grey,and Bruce Rufcny Company, Northern Extension B.dlnfil Com-- any, London, Huron, and Bruce mlwa.y éonp.n , and Prince Edward Railway Com. | any, {'hm Orders have already appeared | fi\ to--day's issue (26th). ' MUNICIPAL LOAN FUXD. | The debate on Attorney--General Mowat's | motion for the House to go into Committee | 061 the Municipal Loan Fund resolutions was resumed by Mr, RYKERT, who regretted that he had by his remarks yeeterday offended the geu-- tlemen on the 'Treasury benches, but, not-- withstanding that, he should now con-- tinue his speech, as in a matter of such importance, involving the dispo. sition of some thirteen millions of dollars, he claimed that he was at full liberty to criti-- olse freely where ho thought it was needed. He closet{ his observations last evening by referring to injuricus legislation in connec-- tion wit%: railways. By the action of the old = Parlisment of éuudn the stock of the Co-- bourg and Peterborough Railway was nearly destroyed. _ As regarded, however, the Yu- sage of the Act of 1863, legalizing a by--law of the town of Borlin of £5,000 in favour of the Berlin and Preston Rsilwn{, there was a petition sent from Berlin asking for such legalization. The city of Hamilton was also a party to such legislation, and favourable to the action of Parliament. Now it was pro-- g)lod to wipe away the $80.000 given by | . Hamilton and the $20,000 given by Berlin, and thus an injustice was being done to the rest of the Province, It -- was stated by the Premier that Prescott had been injuriously affected by the . railway it had aided; and though ho (the | epeaker) did not say that was not the case, there were other places besides Prescott which had been injuriouely affected by legis. lation, and the same rule should apply to all Without the leglslation referred to the rail-- mlf could not have been carried on success-- fully at all. It was groposod to wipe away a debt of $1,280,409 due by Norwich, Wood-- stock, Simcoe, and Windham, and then the House was asked by an Order in Council that these municipalities should receive $2,000 a mile besides tor the construction of the Port Dover and Lake Huron Railway. That was an act of injustice. The resola. tions referred to bad investments by munici-- plllfiel,u illustrated --by the town of Dundas, which it was Bnrpoled to ralieve altogether of Its debt. He admitted that the construc-- tion of the Desjardins canal had been a e bad spe:ulation, but there were other towns | which had suffered as Faflyu Dandas, and he did not understan why one town should ' be singled out to have its debt wiped away altogether. _ The rule should apply to other places. It was not rlfght to take the in.-- debtedne:s of Dundas for last year alone. The botter way would be to look at the financial position of the town during the last | eight or nine years, strike an avera rate, and gee what would in equity remain g:r pay-- ment, _ By the twelfch resolution Niagara, which had spent her money for railway pur. poses and held a mortgagn tharafar. war com. pelled to give that mortgage up, while Brant-- ford and Stratford, which had spent their money for Jocal improvements, the former haeving a balance to its cre%;t in the Bank, had no securities, and thus N iagara was not laced on a par with them. _ The debts of gr:.ntford and Stratford had been largely re-- duced on account of the Bnfl'fio and Liake _ Huron _ Railway, _ and, though be did not complain of that, other munlcifialvtlel, such as _ Bertie, Moulton, and Sherbrooke and Wainfleet, received amounts larger than were equitable, and the rule cid not work fairly. Uhippawa village, also, was not equitably dealt with under ge rule. It was asked to 'suy $33,000, and he did not believe it could pay $3,000, and should in reality receive $1,900 in equity ; Its financial position was none of the best. It should be classed with Prescott, and have its debt wiped out, for it had taken $26,000 in a railway when it was really not in a posi-- tion to do so, and it had been injuriously _ affected by 'egislation. There was a grave M arrrrrrrmrrmnrmereemmmmmmmenmnnmmnmnmmmnmmmmmmnne