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a -- C o oooaoaeeemmane Ens CV S -- property, ~which it was "proposed "to "as away with, he said, would be principally in the cities, towns and villages, as there was now little, if any, as-- sessable personal proper ty in . the country districts. The personal-- ty aifectel by the bill would be for P the most part the stocks of merchants. It was proposed not to assess the mer-- chant's stock, but the net profits at the end of the year. He presented a strong » argument in favor of the exemption of manufacturing machinery, and he point-- ed out that Toronto had placed itself in a position of advantage over other cities and towns by passing a by--law exempting 'lm:u-hinu'y for. ten years. Mr,. Hardy said the bill was somewhat sweeping in its nature, and disturbed a long--established system of taxation. The effect of the bill would be to take | the taxation off personalty and put it on real estate and taxation. It was a considerable change that was pro-- I 1 posed. It might be that a case had been made out for some modification in the | ; assessment law -- as it applied to mcr-' chants' stocks, and he admitted that | wholesale merchants and persons having | cash in banks might have some cause of complaint. The man who had his capi-- w | tal in stocks and securities, and who was \ only assessed upon the income, might be paying enough taxation in comparison to the man who had his capital invested in land. The board of trade of 'Toronto had not entirely supported the bill, and the Ratepayers' association had opposed it because it might impose too great a burden on the land. The burden imposed on 'those assessed for personalty in To-- routo was not as great as was that im-- | posed in some of the cities of the Union. i Mr. Waters' bill did not meet the theory of those who advocated single tax. It was almost impossible that any scheme of assessment that could be launched could meet with anything like universal acceptance, so diverse were the inter-- ests affected. 'The question wis one surrounded by great difficulties, but the bill might be referred to a committee, so that those who had views on the sub-- ject to put forward would have an op-- portunity of doing so. THL LEADEK OF THE OPPOSITION. Mr. Meredith said tha't a bill involving such an important change in the law shoulid not be in the hands of a private To PRINT HISTORICAL boGua®~Ts, ) member, but should be brought forward Th govanment wos o walited on ! 1:31 the ['fl;'{!lr'l\'ll?llll)' of H'A'.«.3_;.;\'\-1'1"'.)4»1)!. by a deputation composed of Dr. Canniff, ?hu -rful.JmL h,u'l l":'..llv I)(,tA'L:l|~ the house J. C. Hamilton and B. B. Hughes, whe,~| for fifteen or twenty years, but no prac-- on behalf of the historical section of tHe | tieal r_ ;\vul'! ll;gl 'c .m.-. '.',m,:."f 1'1: 'An:\v- Canadian institute, asked that a grant | 'm""',l" T 4 "],.."..n:wl"".? '\'.n.') L tS be made to assist in the printing of his-- | 449°84On would asgraxal CC evils of the Kiree % # g present system rather than mitigate them. torical documents. He thought the house ought to proceed SHEEP AND SWINE BREFENERS. slowly in this matter. Expenditures had A I putation from the Sheep and Swine been made on the basis of the present * Breeders' association of Ontario wuited system of taxation, but 'Mr. Waters pur-- a upon the «cvernment. It was posed to cast a large additional burden t composed of Richard Gibson, Delaware ; on the real estate of the country. The J. C. Snell, Edmonton ; J. Jackson, Ab-- government ought to propose a scheme ingdon; J. I. Dobson, Mossborough ; R. in the direciion of making fairer the dis-- H. Harding, Thorndale ; S. Coxworth, tribution of the burden of taxation. Claremont ; J. E. Brethour, Burford ; J. Mr. Waters said that if the govern-- Russell, Richmond Hill, and T. W. Hod-- ment would undertake to consider the son, London. 'They asked for an increas-- whole question of taxation and submit a ed grant to their associatton, claiming scheme he would withdraw the bill. thutfi the amounts allowed them at pre-- The bill was read a second time. sent are inadequate to the work they Mr. Wood (Brant) moved the second 4 have to do, and smaller than the grants reading of his bill to amend the division allowed societies with similar objects. courts act by increasing '.);.]- j:n-iu:lli(-:inn %, a at cout rom $50 to $190, an rO-- noTks OF THSE HOUsE, '\'.E,li',},i'v" for ( Af\lflllillll;it'!l?: for dlswu\'lfll'.\'. Mr. Waters' bill to abolish assessment The bill received its second reading. on personal property will b« considered Mr. Wood withdrew his bill to amend on Wednesday at 10 a.m. & the "iw'-l P Heens t Mr. Bronson has given notice of a bill These bills were also read a second to extend to Jewish oa)ll;.',l':gd('luns. the (Ime :-- act respecting the property of religious '"'I'u amend the ditches and watercourses institutions. F act--M»r. Whitney j Mr. Davis has given notice of mtl!idfl To provent fraud in the sale of milk-- for an order oi the house, tl}ut, in ad-- MH. ARyerson. dition to and as part of the first of the * To amend the ditches and water-- two returns which on the 10th of Ap:iil courses act--Mr. Waters. now last past was ordered to be laid be-- & '.\ll'. Balfour, who had taken the chair fore this house, the first of the said 'L'Wu l in the absence of the speaker, received | returns shall show the number f'f lel-- || fin (.\wtlim'l as he followed the mace out j ters written from each of the d(-p'zu't- f'f Lh: c!rm.xln'x' at the adjournment of | ments of the government of this provin«e rd > }' y8." ' | during the years 1871 and 1892, respective-- ' 8 o. tiaxt ly, relating exclusively to the public ser-- | | A MONUMENT TO SIMCO®, vice, and distinguishing, so far as prac-- | A --deputation composed of Rev. 1.'1'. ! ticable, those writtenr by the different | Scauding, W. H. Doel, J.P., D. B. Reid, | branches of each department ; and shall Q. C., Capt. Jessop and William Rt'n!li"- | also contain and embrace a Sstatemeont representing the Pioneer and Historical | from each of the departments of the goy-- association of Ontario, waited on the ernment -- showing -- comparatively the ||| ge,.wrmiment . and ask +J that A volume of business done in the yeats 18M ||| gite be selected in front of the new x::l!'-- and 1892, such statement to classify, so liament buildings for a monument to hOV: | far as practicable, the buginess under Simcoe, that a grant be made towards general heads, and to set forth the causes the monument and that plans and '}"" of increase or decrease undor each )f"'"".lr signs be prépared. The society proposes and to specify the brancaes of the pu _'"" l when the cost of the monument and th.e service and the additions thereto which amount of the grant, if any, are ascer-- have come into existence sihce the year tained, that subscriptions shall be in-- 1971. t ivnud to make up the balance required. sz l ( ' * | f ) 1 f . C s c F3 f 4