The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 27 Jan 1911, p. 3

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~ SUBEB H AS | Government Railway Fell Behind, B From the Temiskaming & Northern Ontario Railway the revenue derived s was but $420,000, or $225,000 less 'than the estimate. The speech from the Throne spoke of an increase in ' the earnings of the r0o@ad as compar-- e x ed with last year, but the statement . lof the Treasurer Shows a decrease of ' i $130,000. For the ten months of 1909 Revenue lncri aSBd and SO Dld \the returns of the road were $590,000, c 'The reason for the decrease, as al-- EXpBfldlture. ready given in The Globe, was prin-- cipally the falling off in the shipments of coal as a result of the installation Te |0f hydraulie power,. | The total expenditure was $8,887,-- CASH BALANCE REDUE [520, which leaves a surplus _ of ; & fl |$3,484. Education took $1,700,797,| |agriculture $621,514, and mainten-- -- 'ance of public institutions $1,076,-- 042. ' The amount carried forward at the H |close of the last financial year was OUtIay on Cap'tal Account Was '$5,086,283, and this amount has been reduced to $3,177,589. This redue-- Heavy, tion is accounted for by the expendi-- ture on capital account. Under this * heading are expenditures of $2,100,-- C mm 547 for the Niagara transmission line, and $29,909 for the Port Arthur trans-- | Niagara Transmission Line, New Pro--| mission line, $149,520 for rebuilding A '€ the burned west wing of the Parlia-- vincial Reformatory and Work on ment buildings, $121,232 for the new Parliament Buildings Took Large north wing, $28,047 for an addition to % & * Osgoode Hall, and $90,670 for the | Sums--Earnings of T. & N. 0. new Government House. The new | ts o Provincial prison took $174,528, and | Bailway Decreased. I the grants to counties on the good \ " roads agreement amounted to $150,-- I T e e on 316. The statutory advance to the I § Temiskaming & Northern -- Ontario A surplus of a little more than Railway was $785,000. three thousand Gdollars in the current Oril the z;:othetr ?;(;e Ofththe led%er are 6 in Aay o i4 tha To receipts, apar m e regular re-- accounts is '\\ hat_ rcmja'.:ns :'f a re" _ venues of the Province, including $1,-- enue that reached $350,137 above n --\ 451,235, the balance on the«aOntario the estimate of the Provincial Treas-- A | loan of $3,500,000, which was receiv-- urer. 'The revenue for the Year, ac-- \.l 'ed during the year. The sale of the dA in 6 ® \ Government House property is repre-- cording to the statement of Hon, A. \ sented in an advance of $80,000 J. Matheson, brought down in the while the insurance on the burned $ House yesterday, amounted to $8.-- | wing of the Parliament buildings was $91,004, an increase over the esti-- | $138,968. j f mates being returned -- by every | The Province is Solvent. branch of the service _ except the\ | _ The cash and debenture aissets of Temiskaming & Northern Ontari the Province are placed at $24,553,-- j oo , +5 701. The Temiskaming & Northern Railway. The expenditure, however, Ontario Railway is valued as an as-- * ¢ increased proportionately, amounting set at the amounts advanced by the to $8,.887,520, and the outlay on capi-- | Province on capital account, $16,123,-- ; $88. Vie ansmiss tal account, including the Niagara ax)1§1 t&hep(fi-:dg??thtxf: SE;sr::r)r?ls;;:)l: 8 Transmission Line, the new Provincial 'line figure as assets of $2,587,441 and < Reformatory, the construction of the {829.909, respelqtil}'ie]}i'_. j i at y e id se wive, u; | $22,0831430, . and the indirect Habili-- g as well as the burned west wing, re-- ;ties' at $9,260,000. The principal item J duced the Cash balance in the Pro-- | under thisdheafdlr;lg i(s the('l gua\rantfie twatat 'PFA o o o s ! of the bonds of the Cana ian North-- \.muml Freasury by nearly two mil |ern Railway to the extent of $7,860,-- lions. | 00. E k The chief sources of increase were E:;:__----':--------------'------'_'--_"--_-- & __._l is 'the Department of Lands, Forests and | 'Mines, the liquor licenses and the o 'succession duties although the other| t 'd'epartments contributed a fair share.! 4 \'The revenue of Hon. Frank Coch-- f \rane's department amounted to $2,-- » A8t |951,428, or $151,428 more than esti-- § mated. 'The return from succession f #duties was $758,445, or' $108,446 j |above expectations,. Licenses return-- |ed the Province $580,162, an increase \ of $80,162. . f . A 3',-.&"* q i :

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