The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 10 Mar 1915, p. 2

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ures of $5,124,2 "peen de" | +o yled 'As. & .7 w $4,204,472 was applied: on | | Solieagus® of noms def f |° "'nt 'munt. W r llto---vHol'l. Jo :'0 m" C ue s * * Sb in ¥I }'i: How Expenses Grew. | the names of other men wh in the 4 I i s of | not of the type 3.0_'*, C l «swfi [r. | _ Mr. Rowell showed by . way 9204 | traitor class, and deciared . -- «8#1CU-- 644 comparison that the income in 7147 £] McGarry's statement m&' leu-- . was $6,128,358, and in 1914 $10, hll'el lated to help the credit Qf.. P m ts n ©§ hy * mcr?:e o. 75expc?;d<i::gt"H;'dro-i panies. > Setge ie ane s | the expenditure, _ e * a Ta 1904 $5.507.488; and in 1911 $14,. Premier Hearst Dons in 1904 $5, ,400, an i | $ 842.239,'an increase of 186 per cen!é Rose'c()'ored GlasseS 8So in 1904 there was a surplus o 1o. claim-- $860,905, while in 1914 the deficit on . Premier Hearst, in his reply, c aer's' €, current account of ordinary expendi-- ed that the Provincial . Treasurer s ture over ordinary revenue was $4,-- Budget statement was an emmert g [204,.471. Further, in 1904 the pulWic satisfactory one. If they wante s \ debt was $11,709,651; in 1914 it was convincing evidence of «the way in a i | $40,405,000. ' Answering the T ed" which the financial condition of the | ,,1 } 'ment that the Government hndr .spen!r Province was regarded in the rml)m:y + ' \large sums in the construction _ o markets of the world they had only to § Government House, Guelph prison point to the sale the other day "f' ! and the Whitby Asylum, Mr. Rowell $3,000,000 of securities in the city of § i showed that the present Parliament New York. From tried veterans and l Buildings were erected entirely . out young recruits in the House not one of current revenue by the old Gf)\'-: Yulnerable point had been found in ernment. the Budget speech ot'()the Ttr.easnm in % Crars ade of the pposition Even the Auditor Objected,. | I}zlgrg]:;dte}:.em with unfairly atteifpt-- Replying to the lrl-n\-in('.lq! r['r,'«".- ing to place the blame for the deftcit surer's request that Opposition criti-- of the present year on the war. > + ism should not be of a character | # " hat would impair the credit of the \ Blame for the Deficit. ' 'rovince, Mr. Rowell pointed to the } "If we blame our deficit on the war tem of $544,000, included as being we are not alone in so doing," assert-- eceived on account of interest from od the Premier. "If we are sinnirg ne T. & N. 0. Railway. This was an in this respect we are surely sumingl f tem that the Provincial Auditor in good company. A few days ago I | 4 himself was forced to challenge, -'1!1(1 \had the privilege of -- reading the | =] a note was appended to the financial |speech of the Treasurer of the DO'! £ statement that no receipts or expendi-- 'minion Alliarce, and he pointed out | i tures were made in respect of -- the \he had a very large deficit and said | item. Previously the Provincial Au-- \that deficit was entirely due to the ,g ditor had prepared the statement, but waJr "['ho Dominion Alliance last year it was taken out of his hands and had an abundant and _ overflowirg| ; 3 is mow under the control of the treasury, overflowing in every part of | 4 } Treasury Board. The Government the Province, and it had shrunk in | f 1 had prepared such a stateimnent that Cnnqoqlim'on of the war in a few even the Auditor was unable tq cer-- | mufithfl ' (Laughter.) My hon. friend tify to it, Such methods, Mr, orol| surely should not try to throw dis-- | ; declared, were a discredit to the Pro-- ' ;ax-t-(lii on the arguments of his friends | vince. in the Dominion Alliance. _ (Minis--| An Enormous Deficit. terial laughter.) | 1 Replying to the argument ad-- A Disappointing Period. | " vanced by the Treasurer that the The Premier pointed out they had | revenue of the Province. had only three months of war during the fallen off on account of the war, Provincial -- finarcial year, -- closing Mr. Rowell showed that the ex-- October 31, but these were very im-- penditure on account of the war portant months in the receipts of the was only $294,806, as against a Province. The Provincial Treasurer deficit on current account of and every other Minister having any-- f $1,242,491,. or a total deficit of thirg to do with the finances of the $4,204,472. The estimated in~-- Province knew that in the three last come for 1914 was 39793.378, the | months they alwa.\'s expected to get in . actual revenue was $10,576,891. large sums appropriated and estimat-- t. or an increase of $783.513%. The ed for the year. The shortage in the falling off in receipts from -- the } b"Dartlllel]t of _ Lands, Forests and Crown Lands Department was | Mines was $459,342, and if other more than made up by the pay-- | tnings due directly to the war were ments from succession duties and l considered, they would have had a corporation taxes. | surplus, notwithstanding the insur-- Where Money Could be saved. | ance companies, of $56,000. If the in-- . : surance companies' share of taxation The challenge of the Provincial | had been paid the total surplus would Treasurer to show where money§ have been $198.8678, amply fulfilling might be saved was readily accepted | the conservative prophecy of the Pro-- by the Opposition leader, -- who in-g vincial Treasurer of Jlast year. It stanced' the increasing cost from year | had been stated by the other side that to year Of GOVel'nln('.nt l]OllSo. fl!'St the OStin"]t('S of the various dp')art_ $400,000, then $§500,000, anda when | ments overran rather than underran the vote of this session was _ taken | the estimate for the year. The Pre-- into consideration the ultimate cost mier, in answer to this, explained that would be founu"to be well over a mil-- | the Treasurer always looked to every on dollars. Similarly, the Guelph | department yielding far more at the Prison, with accommodation for 550 | end of the year than the estimate. « prisoners, would run into the mil-- | y lion and a half mark, a capital in-- | Unpaid Insurance Tax. 3 vestment of nearly $3,000 for every | The Preniier next dwelt on the ' prisoner. l non--payment by the insurance com-- ' 1 anies. and said their position would Making Railway Grants, t :mt have been so bad if they had even During the course of the debate the paid the amount they had given in Iiberal leader got into a wrangle | previous years. Many persons in with Mr. McGarry over the method | these companics folt keenly on . the of the old Government in meetlng] matter, and some had come and said railway subsidy certificates. | they were ashamed of the position "What did they do with ra.ilwayl taken by their company. The matter, certificates ?""' the Treasurer asked. | they explained, had been in the hands "You will find payments each 3'09-1" of a committee. On behalf of the in the public accounts," replied Mr. companies, it had been stated that' Rowell. ' the war was not on when. they _ de--> . "I beg my hon. friend's pardon.| termincd to take action. & | $ You will find annuities issued each! "'They are speaking entirely ; year as they became due." beyond _ and_ away from the | Calling for the public accounts, Mr.l book." remarked _ the speaker, . | S Rowell read the details for severall "because it can be shown as late } ' years, but Mr. McGarry pointed O"tl as the 25th of Scptember these ! p that _ although the certificates were | insurance -- companies did not | met for several years, for a long per--| | iod the old (Government had sold an~l | nuities and used the pnroceeds to meet | the payments, and those annuities . were now being met by the present Administration. Who Are Traitors ? In conclusion, Mr. Rowell referred to the . strictures of the Provincial Treasury against the directors of the Canadian Life Insurance Companies. He wondered whether #on. A. E. 'Kemp and Senator Lougheed were

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