The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

' auties assigned to the royal com-- a dAinc® Acfayro 7 n was to ascertain our financial i:: :""gggfi-: lars. Dv er Y+~l ve y ear * ding, and to . know wheth been considerable f § our ~. indebtedness _ OT liabilities {sums on "hand or g' * tim f 6' \were . greater than the assets were. |wq were never b Z1 O , per Nt ' I have met this. I wanted to settle, w a¥s a surplu ath'upt. we had al-- this contentious question. --I must con-- e had a" P E;- on. gentlemen. &' fess L was somewhat weary myself in y Eds: but surplus. this year and discussing the matter of the surplus, To 0d po gome years we had 'nothing aAnd I perhaps Wwearied the hon. gen-- nst 'r"dcre it The commissioners say tlemen opposite, and perhaps I may say uring the remaining twenty--five the hon. gentlemen opposite wearied years there has always been consider-- me. (Laughter and applause.) It was able, and at times large, sums on hand > a very monotonous discussion many a or invested. The interest earned for ' time, and my friends perhaps on both the Province by this unexpended , _ ~sides of the House wanted to know| money has aggregated $3,334,8347.32, or really whore we stood. _ | $103,160 per annum, which is equiva-- f x uen For Sgod Road lc%!;tmt& otgur p?r cent. interest upon & on For 0 oads. 8 nvestment of over a two and a half millions _ of doll ?. f Secondly, we wanted to know 0o ollars." ; whether it' would appear from sn C8_ nfMtl;ieROBsi then reviewed the position ¢ amination of the receipts, extending held in '{g:;:ug tu}:lda of the. Province over 30 years, that we could enter or i o TD s "P""""m"- Refer-- embark upon large expenditure f ring to the $2,848,289.52 fund, the burpose of development. 1 a 1t 28 d":g availability of which is disputed, he ' be assured by the comrfilssim; tha't our <11ul(l>ted .fr.(')m Mr. Fielding's letter as n:gendltures have been kept within our v(l)ng;v 'sl;--;e'fr:iett:;.ggatr;'tages o eys to Te. ' ordinary revenue, and from the in-- ese moneys to re-- creaged revenue that is now in (;lggt main to the credit of the Province in i and that we expect to realize from the Dominion, where they yvield to the ( the increased taxation last year--unless Province five per cent. interest, are 80 \ we increase the expenditure very, very obvious that I do not suppose you are | much.--we will have a buoyant revenue, '(I'Ogtemplatlng th.o'r withdrawal. . .>. ; [ BE s dAAAE o ths ing unonaitiont) neut to demand this : R R o 3 > @ E ] country. _I shall be delighted if we can money from the Dominion. Where are exnend in the next ten years a million certain limitations provided by the for good roads--that is, a hundred statutes; but no doubt if you desired f thnusand dollars a year. I think th(' to obtain the money you C()u'd ea-sll)" increase would stand that. I think the comply with these conditions." $ | revenue would stand a reasonable ap-i : propriation for c Money Can Be Got. { ':ggwg'l«:rks. \vhlegl(}"': °{:f§n3"?hgrfié';: That is the point. "You could easily ' $ Hunl e 'Cfl-pacity and .strength of our comply with these conditions." (Ap-- j runicipalities. I think the revenue will plause.) That is, it is practically u | fi ?\L}dxinc% Sromething there. -- Take a river | conditional. It is coné!it';n'n(-d Sn )l'egig:l | area, to ""}',z sét;;gigismy through a flat Iz':_tlon of this House. I think the House [ the community ment of the health of | would approve of any reasonable legis-- Vaittable l""(lll} and to the wasting of lation. It is better for the money to 4 That r,ver"l;' 6ey'(l)'gdd€§gge and"lmptrozo :';;mahf] in the hands of the Dominion ' o capacity of the an for us to invest it and m est it an | thl;rtliil'r'w:l:itgémrlifngnzfe:t\gineer reports money than it now bears. CS goik | the straightening "of "Th e channel or Mr. Matheson--Do I understand it is i work that will come w-it?xi:h&nnel fvig: necessary to get legislation from the . fons of the will. winich the hon. gentid. Honn iir. cusnathe : | en will See iater. th e hon. gentle-- Hon. Mr. Ross--The hon. gontleman in which we ho;'e'tt(?nag;';:tt isatrxldw(t);k has not read. this leltc.r carefulls: i same with many similar _ works in the Ehrough. . He goes on to duole section Counties of Perth, Elgin, Kent, Essex-- 2 of chapter 17 of the statutes of 1874 works which do not co m eithin: the "Under this statute it appears to have | present scope of the dr:'i?ra"ét-hmt th'; been intended. that the moneys at the | Ebink these are Provincial \\'()gksa$v;1!ch credit of the Province should be with-- ' add immensely to the wealth drawn for the purpose of assisting Pro-- ' 8;0 :,ltm on eountry, and thith is ;"l:lcial public works. Considerable & e » ms were 8 7 » cov s commission ae appointeds bus . .. 0 $r Nove Rtouss New drrunkvileh.. iss 3 Sa;u(z}\,'thfa report is in every l'('S])P('!b tl.sh (,'oh'npbla and Manitoba." They 1 sonb.{:,( tory. And then another rea-- withdrew it because they wanted it. ' §fi «:\ia:e: forth in the commission it-- ph.ll'(;;m"m'{ at these several acts," Mr. t o ascertain whether the me-- ng adus, "I am of opinion that kp((,'d,? ?f the department in its book-- you would not have the right to draw . the. conidense of the Squnitp n 00. of Severmpent, but -- that --Paphament ' 'e e country. ' ove ; but that Parliament Always Was a Surplus ]hnyt e;d\lggotvyilgzt:i}t?eg} erpr b('t\vltt'\drawn * 2 overnment, with the ofM.t?r a reference to Se¥veralt sources }ltfi?\rlous sancth?n of th'e: Legislature, s revenue,Mr. Ross continued: Coming (Il ooie esn deingare. one or tw s 3 n a speech i 7 t ommilsion to "f,ffi{e{',fg ;2:33 ll)y the Mr. Ross.p the m%e:'h%e;x:;c;u?gr tt?: sg(t):é read one or two statements 'F:x? :ne he bad the assurance of the then Min-- stance, I find: "During the first sev.?,} ister of Finance, Mr. Foster, that the ;'53;:1 'the 'receipts of the _ Province {ltlc-ney could be withdrawn if*he wanted S ea 'h'} exceeded its expenditures it. --It is fair, hGwever, to say that ons . cony of that letter and have been un-- \