The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 19 Feb 1892, p. 1

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[ URDAY. FEBRUARY 20. 1892' durmig n «amppenicemeiwnon, . n mmemantitt => emertstiy i age«, 4 % 3k »p" s fi Treasurer Harcourt's Able Fi-- pancial Statement. THE YEAR'S REVENUE. f Receipts Excsed Last Year's Estimate. % WHERE THE MONEY WENT. Extravagance and Parsimony Avoided. THE NEW PARLIAMEXNT BUILDINGS DISCUSSED ----PROBABLE EXPENXDITURE FOR THE YEAR--A BRIGHT OUCTLOOK. Toroxto, Feb. 19, 1892. | Hon. R. Harcourt, Provincial Treasurer, delivered his annual financial statement this afternoon in a clear and comprehensive aspeech. Owing to the illness of Mr. H. E. Clarke, who usually criticises the budget on behalf of the Opposition, that duty fell upon MNr. Clancy. Mr, Harcourt, who was loudly cheered on rising, said :--For the second time, Mr. Speaker, I ask the indulgence of the House while, as briefly and as clearly as I car, I discuss first the financial operations of the Province for the year just closed, and see-- | ondly, take a prospective view of the oper-- | ations of the year upon which we are now | entering. . Were it not that these financial % questions have a perennial interest for our | ratepayers I would shrink from my task, ' since in these yearly statemsonts much repe-- | tition is usavordable, and a somewhat weari-- some recital of figures seems absolutely in-- ' dispensable. When 1 remember, however, that our position financially is an enviable one, that our progress has been both steady and marked, that we have been able year by year to meet so many demands in the way of new undertakings and give in-- creased aid to educatioun%, charitable and § agricultural institutions, and at the same | time keep in reserve a large surplus upon | * which we can draw to meet emergency ex-- penditures, my task seems to grow lighter and [ enter apon it with less fear of weary-- ing the House. RECEIPTS OF THE PROVINCE, I will first speak very briefly ot ourre-- ceipts. We estimated to receive during the year from ordinary sources $3,299,822. We actually received $3,327,570, so that we have an excoss of receipts over our estimate to theamount of $28,248, a result which is, 1 am sure, very satisfactory to the House. 1 need say but little as to several of our well--known items of receipts. '1 he subsidy, of course, remains the same. It represents 80 cents per head of our popu-- lation according to the census of 1861. Ac--

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