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Lz r--ssmemm=mmummmue--»o--emsiliiiiiii their nomenclature of political pep> fidy. The Treasurer's Explanation, In explaining the bill, Mr. Lucas said that the ordinary revenue w ould | meet the ordinary expenditure. Thore : remained the capital expenditure +o | be taken care of by raising a loan. | . The House had already voted items| under capital expenditure, covering| public buildings, as well as the §$5,--I 100,000 to the Hydro--electric, making| 1 total of about $8,000,000. _ In addi--| on to that there were the T. & Nx. i) | rapital expenditures, . which -- would| amount to something like $700,000, | In addition to that there was 2 prop. able expenditure of $275,000 for an| extension of the Elk Lake branch to| Gowganda. This brought the T. c.t N, 0. expenditure up to $9§8%.000, and | the total capital expenditure for thel year up to £8,854,000. They had on hand at the beginning of the year $2,300,000, so that there would re quire to be provided for during the present year about $7.000,000, if a1 these capital expenditures were made. | In addition to that, he thought, $1..| 000,000 should be added for the ?'nsti six months of the current year, mak. | ing the total loan some $8,000,000. | New Appropriations. | In reply to Mr. Bowman, Mr. Lucas stated that the proposeqd expenditures | included :----New Provincial -- prison, | $275,000; Parliament Buildings addi--| Miiiiidemsiniiize tion, $40,000; Toronto Hospital, $300,.| A i ma arel y 000; Deaf and Dumb Institute, "118,.-- 1 r[.' ]'Jh] )A\ \ & .'\ pRIIJ :3]. 19] 4 fln(': the Blind lns!ituh-' $1 1 '_'.||l|1i; | smm mmetime uen mmentermmencemgumer s ermees e agricultural college, $92,000; veterin.| ary college, $118,000; court house,| NEW LOAN OF $8,000,000 f 9 9 Rowell's Pointed Criticism., | Mr. Rowell said the Provincial Trea-- ASKED BY fi"VERNMENT kurer estimated the capital expendi--| ture for the current year for build--| Ings, Hydro--electric, and T. & NX 0: k Wms eernmsniieenleriipnpresrogyeprowss at approximately $8,500,000,. and the; he thought provision should be made for the new year for one million dol Mr. Rowell Condemns Reckless lars or more. That would make $»,. s 8$50,000, and then, taking into consid--| EXpendlture eration the amount of cash on hand at | * | the end of the yvear the estimate was , brought down to $8,000,000, That, ts * S n the Provincial Treasurer stated, would | carry them until the House met again N E w APPROPR'AT'ONS and the session would close. Having stated the position thus, the Opposi-- tion leader said that made clear to him menmeinureninnmuuineamanate what he judged from the opening statement, that they would still be in' Ome Million to Go for T. & N.0. Ex-- debt to the Northern Ontario devel-- 7 opment -- fund approximately _ %*#,. tensions and $5,000,000 for Hydro-- 000,000, and if his hon. friend had old the securities of that fund last electric Servk?es--Mr. Lmcas Says it 2'?;:'12. when they were not nceded is Only Question of Bookkeeping. for the purpose of that fund he would | have required to borrow _ ap--| wnemnemento m mmmme mm mmmmame proximately $3,000,000 more at the| present time. | A loan of $$,000,000 to provide for spending Too Fast. the capital expenditures of the Prov-- That certainly indicated that the ex--| ince is what the Legislature was yes-- penditure of this Province was pro-- terday asked by Hon. I. B. Lucas to ceeding l?'- ahpretty (s;u:wstidmml l';;fv,' 4 thouglhrt a good deal more than authorize. 'These figures were sup-- ?23_;';0]."&(]3 Fhal they suggested in | plied by the Provincial Treasurer in their hon. friends on the Government' moving the second reading of his bill Side: .\'fiar ?&S;Ct'-e;hzgat'?etFilgf1"'\'.;'!('9':_("; 4 & & + $ : re--| to authorize the raising of monsy 08 :',:igVinag aynd that they must meet the | the credit of the consolidated revenue financial situation by increased taxa-- | of the Province. Of this amount Mr. tion or by large b"rri'm\'igg.(m(' 'v(»f(horhd. | 5 ip Now they were raisin $,000,000 and | Lucas explained that $5,000,000 was they wnu';d either ha\'g to refrain from | required for the Hydro--electric ser-- spendinz the money realized from the | vices, and probably $1,000,000 for ex. sale of securities in Northern ('ntHrlu; tensions to the Timiskaming & North-- ;':ng&'se (t",zft';lhetj'e;;«:g tt:'; ';';;;'."'fi;;.,*';ii?' ern Ontario Railway. expenditures on the T. & N. O. Rail--| When this matter was up it raised way every one of these might be justi--! again the whole question of the finan-- fed; but why should large expendi-- cial methods of the Government and tl}n'es of this kind, which in\;l\'ed a charge upon the Province of the rais-- tt!e diverting .of funds from the ing of l)":l']i" moner®. hot be .'-nhmit-»f Northern Ontario loan to provide for ted to the House with full informa--| other services. Mr. Lucas admitted tion in order that the House s-hnulr!i that the loan would only be sufficient pass upon it ? He ventured to sug-- to meet the capital expenditures for | gest that the management of the fin-- the current year, and nothing was ances by the Government during t.he[ contained to repay the moneys bor--| past two or three years had been such rowed from the Northern Ontario | as should seriously shake the cecnn-- fund. | dence of the public in the manver kless Ex dit | their funds were being handled. I 'w ! 4 fi I Mr Rowe:)le:ontlel:edbe.d that thi poo! keeping) Question,,Says Lucas. ' firmed the criticism of thae fiI;er(?il;l Hon, Mr. Lucas said the whole ques-- policy of the Government made by | tion was a question of bookkeepin® the Opposition a year ago, that if the | and handling of separate funds. _ No-- expenditure kept on growing the Gov. body pretended that all this fury de--| ernment would have to resort to di-- veloped in the House would have say-- rect taxation or borrow more money ed one cent, or made a bit of differ-- In fact, both these contingencies had ence except a difference of the class been adopted. He claimed that if Sir of bookkeeping. _ They had strictly | James Whitney or Sir William Mere-- followed the statute and paid into th.ezl dith had been leading the Opposition, f.und where the statute showed it | under such circumstances, misappli-- should be paid. _ § eation or misappropriation were not The, second' reading was oan:md and the terms they would have employed, lthe bill remitted to a committee of »but it would have been a "steal" in | lthe whole House. ]