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~previous years!' In spite of criticism P e l *_ * f'ffi"""[ae wide use of vaccines and serums, . last year as to his method of ac-- 'due chiefly to local outbreaks . of _ counting, the: Provincial Treasurer 0 'smallpox and diphtheria. He said i said he still maintained he was cor-- Nes as that there was a very wide demand * rect. 4 y nowadays for these serums, which T -- ! Old Government "Surplus." had been made free to the public. * | 53 The Provincial Treasurer ilXustr:.}:- Paying Off Old Debts. g P en Prmnas! betwgeltl }}'smr:e;ate _ The late Provincial Treasurer, he t od of accountine ald OM C id, had been forced into the fin-- is .. i retraye nt. under whose regime said, ha een forced into e fin <f Government, ted as or-- ancial market when conditions for is numerous items were trea 4 > 3 G@inary revenue that were now being | borrowing were at their worst. On ® treated as capital revenue. "Had thei one occasion, he 'said, that official * l financial 'statement -- been-- brought | had been forced to go to the Dom-- ; C down and produced upon the old inion Government to bO!?T'OW enough ~< lines, that, on the lines which the % to keep the Province going. At an-- * old CGovernment adopted," he de-- other time the late Provincial Treas-- f clared, "we would have shdown a f urer, he said, was forced to borrow { surplus of $875,198." |\$3,000,000 in New York on a 4' 3 Hon. Mr. Smith remarked on the Treasury note. When the present ' '.r abnormal -- times and _ conditions Government repaid that note, he # | § through which the Government was said, the exchange charges amount-- | ; ' passing, and in addition he pointed ed to $391,000. | out that the new Administration had | "Altogether," he said, "exchange " 3 1numerous bills to pay for which it rate on interest coupons and repay--| | P | was not responsible. He mentioned a ments of loans cost the Government , I & | 3 | election expenses, grants to universi-- this year $789,165, or, in other| | s | ties, public institutions, education, words, practically our wholo deficit 4 i maintenance of public institutions, would have been wiped out if there q Department of Health, and the ex-- had been no exchange between us » ! change situation. and the United States.'" : f 7 f Touching upon increased reve-- | I 3 !\\'hcrc Province Benefits. nues during the past year, Hon. Mr.{ 1 | _ The election expenses, Hon. Mr. Smith mentioned the T. & N. O.| I | Smith pointed out, were over $600,-- Railway, which, he said, had just| |"°,0- or '"almost equal to our deficit completed one of the most success-' § | this year.'" ful years in its history. "In an-- | _ _R. L. Brackin--You got the bene-- other year," he said, "we hope to § R | fit of them. be able to say that the railway's S a Hon. Mr. Smith--Yes, but the profit will not only pay interest on ' Province got more benefit from that -- investment, but leave a profit be-- '. ' | expenditure than any other. sides." To.--day, he said, the T. & : NC | The Provincial Treasgsurer pro-- N. O. Railway was equal to any rail-- * I < ceeded to twit members of the late way in Canada in the standard of | f f Governmient on the fact that in its equipment and rolling stock. ! §.*< many ridings where they had made y g se large expenditures they had not got Sources of Revenue. | a single vote. He felt that in this Of a total expenditure of $4,000,--; respect the late Government had 000 on public highwayS, the Pro-' not been dealt with fairly. vincial Treasurer anticipated re-- ' University grants, he proceeded, funds as follows: $737,000 from the f Lotalled 3400,000{ in round numbers. municipalities and $1,426,000 from | > Another heavy item was that _ of the Dominion Government, or a to-! 9y teachers' and Inspectors' superan-- tal of $2,163,000, leaving an actual[ a yR nuation, which amounted to $460,-- expenditure of only $2,326,000. I 4 :: 000. In this respect, the Treasurer , § $ | f {"3 m sa;;l, the Province had squared it-- Expects Surplus This Year. 4| { £% self with the Consolidated Revenue | Estimated ordinary expenditure | § ";' y SNe «l .}"und by r»a_lying to that t'u.nd the for the year Hon?' Mr'?. Smit,h} a s ie amount owing to it, something, he placed at $20,880,000, and estimated | s e said, that had not been done before. ordinary revenue at $25,683,000 ' ns o 29e Civil Service Satisfied. i d Kar s n iitaraor maal $ ol ts [+ |" / Increased -- SAiaFicS i cvil a which did not include statutory ex-- 4 |vants m']e' t?" '"'"554".'0 6'6'0' P;""' | penditures, which would amount tol K | Ar .Q'mitlio(lzlonn:ngdt\ol en aP f:;'; | about the same as last year. s kwyhovs 2e led, woetre periecilis He listed the items for which in--| ' *':'3" ' ;%us'ufig.blo. We are not going so f creased revenues would be required c Mages | hi'\-ea:;.et::)a ':3-" t'lmfttt'r'xe}se :;'C';ea_sels during the coming year, such as mo-- i 22 . l c"t e have h:?l irO;féat ]r(;anirc g;:;q thers' allowances, unemployment T} > with citi! servants wher er havs funds, etc. With regard to the lat-- m | civi! servants where they have ter, he looked for improvement in As~we . been enjoyirg perquisites. We val-- the industrial situation. "I believe 1 ; ;gnd thog_'" perquisites, but they do that economic conditions will be re-- '\ o C I},r?r)tnfht'}:': o "'-'"'?Vt flsf being ded'f)"!'f}" lieved to a large extent shortly, and |. f 9 . OVen I { _ "I believe," he proceeded, "that + g;ci)ged down will be operating," he k tw --v~oacel the civil servants here to--day are C ory i a . 12 s s better satisfied than ever before in t Te offset the increased .expe'{xdl- * it e Ir Hier s A ure on certain lines next year,'"' he Te : their lives. And they don't hesitate «4 & p ¥as : to c . ¢ proceeded, "we are amending the k e f o come and tell us We tried to put C s p Act chat it will y $s Ti these servants on a footing com-- O.FDOI'?thHS ar AC!, 80 LNal 1 4 mensur C ols e bring in an estimated revenue of } surate with their services, and 1» 3 e +/\ e we have now 5 $450,000. The amendment, he F 1 | «s we ve now a satisfied and eficient said, will ide f t £ one« R El |.. o Civil Service, something we have » provige Lor a tlax O C ; 3 i [never hnad before to the same ex.-- * quarter of 1 per cent. on all reserve ¢ ts ';'_ 4 tent." ' f 3 « funds of chartered banks. af{"L e : "T,'v s | C 5 t f e Aiding Education. Increases on Taxation. x B * C In common with all other civilized '"'We are increasing the railway ' r -- E countries, he said, Ontario had not taxation froni $25 per mile to $40 per "a § cut down educational expenditure mile," he went on. '"While the Can-- ¢ cA . 1 following the war. One big item | adian National is likely to show a . under this head was that of techni-- | large deficit, other railroads are cal education, upon which over making money, and have increased |$400,000 had been expended. As their rates all along the line, and !the Dominion Government contri-- we feel we are perfectly justified . buted a like amount, this made, the in having a little more revenue.'" lProvincial Treasurer pointed out, | '"We are proposing to put a tax nearly one million dollars per| j on billiard parlors which will in-- 'annum available for technical edu-] crease our revenue $280,000. It is ;cation in Ontario. All told, he said,| an amusement tax.'" n the Government's increase in ex--| ""We are proposing to tax real es-- , ;penditure on education was $1,610,-- tate transfers--two mills on the dol-- A 658. ' lar all over the Province. Our es-- t 3% | _ Maintenance of public institu-- | timated revenue from that is . !tions, -- he said, cost the Province | $250,000. more than in 1920. He said it was' "*We expect to increase our reve-- _ 'unfortunate -- that the Province nue from the Mining Tax Act should have so many people in thesel $100,000. institutions, but there was one thing "The estimated increase in rev-- that must be done, and that was to + enue from these sources will be take care of those who were there, $1,500,000." both prisoners and insane. He in-- He concluded with a warning to & ~ stanced that the average daily cost Opposition members. C of maintaining a patient in a Pro-- '"The Province of Ontario,' . he ' vincial hospital had more than | said, '"'is sound--the best in the Do-- f doubled in ten years. | minion of Canada. We are in the § The new Department of Health, | money markets continually _ for + the Minister proceeded, '"has done * ;mone.v and will be until the Hydro wonderful work and cost a lot of f | developments are completed. It will money. We feel that any money i be necessary for our Opposition f spent on the health of the people is friends not to say anything that w:ill 3 _ ~justifiable.'" Hon. Mr. Smith attri-- hurt the cause of Ontario, that will buted the increased expenditure to have an adverse effect on the"bor- & * f f / fi__r't')wing powers of the Province.