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 BUDGRT SPEECH 
 
 ])KLivi:i;i:i> i;v 
 
 HONORABLE F. G. MARGHAND 
 
 TUi'iAsi K'i':i: df Till': I'Rovixck 
 
 IN I'llK 
 
 LEGISLATIVE ASSEMBLY OF dUEBEC 
 
 
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 JANUARY 24th, 1900 
 
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BUDGET SPEECH 
 
 DELIVERED BY 
 
 HONORABLE F. G. MARCHAND 
 
 TREASURER OF THE PROVINCE 
 
 IN Till] 
 
 LEGISLATIVE ASSEMBLY OF QUEBEC 
 
 JANUARY 24th, 1900 
 
 QUEBEC 
 
 " DAILY TELE iRAPH " BOOK AND JOB PRINT 
 1900 
 
BTjr)C3-:EiT sipeeoh: 
 
 DELIVERED BY 
 
 HONORABLE F. G. MARCIIAND 
 
 TREASURER OP THE PROVINCE 
 
 IX THE 
 
 LEGISLATIVE ASSEMBLY OF QUEBEC 
 
 JANUARY 24th, IJKK). 
 
 Mr. Speaker, 
 
 In assuming the administration of the finances of the Province two 
 years ago, I pledged myself to an undertaking which may have seemed 
 rash and which I myself would have doemed impracticable had I not 
 counted upon the generous a. sistance of the majority of this House 
 and upon its firm determination to assist me in the difficult and ungrateful 
 task I had imposed upon myself. 
 
In fint, at first sii^lit. Iho situation seemed a desperate one. Notwith- 
 standing the considerable increase in receipts added by our predecessors 
 to the annual revenue in the shape of new taxes, to the average amount of 
 t.V)0,000 per aiinuiu, we had at the expiration ol the fiscal year 1896-97 
 accumulated enormous liabilities which during the last year alone of 
 their administration had been increased by $2,709, (J60. 44 as I showed in 
 my IJudget Speech last year, pages a smd tl, and as appears l>y the follow- 
 ing statement : 
 
 The excess of liabilities over assets on 30th June, .897, was $25,49],6")8 16 
 ■\Vhile on the previous ;30th June it was only 22,150,340 30 
 
 Thus this excess had in a single year been increased by.... S o,335,L!il 80 
 From which must be deducted the amount added to our 
 liabilities during that period by the conversion of the 
 debt 02"),051 42 
 
 Leavinu' an in(;rease in the liabilities during that year 
 
 1896-97 of $ 2,709,660 44 
 
 On the other hand the Public Accounts for 1896 97, far from balancing 
 showed a deficit of s^S 10,484.20 in the ordinary receipts and expenditure 
 and ^984,043. 01 in the total expenditure, less guarantee deposits and rail- 
 way subsidies. These figures, based on ofiicial statements, are incontest- 
 able and their correctness has never been denied by my opponents who, 
 without contesting them, have nevertheless sought to explain them con- 
 tradictorily by pretending that in a single month of the year 1890-97, under 
 our administration, we succeeded, by neglectinu' collection and anticipating 
 future expenditure, in accumulating the deficit I have just mentioned. 
 
 To demonstrate the futility of such a pretension, it suffices to remem- 
 b3r that the Goverjiment that preceded us retained the reins of power 
 durinu' the first eleven months of the year in question ; that, at the end of 
 that period, when we succeeded it on the 26Lh May, 1897, not only was 
 the whole budget exhausted but it was even exceeded to the extent of 
 $24,038.91 and on that date, the deficit between ordinary revenue and ex- 
 
pendituro already amounted to S69o,507.77, as shown by the foUowinsj 
 statement : 
 
 Total ordinary expenditure on 26th May, 1897. §3,808,001 40 
 Total ordinary receipts 3,212,49:] (59 
 
 Deficit on 26th May, 1897 $ 59.3,.j07 77 
 
 This alone would suffice to show the facts exactly, but there is still 
 more. 
 
 In order to establish that W(! were guilty of having- intentionally 
 interrupted the collection of tlie revenue and unnecessarily anticipated on 
 the expenditure, as has been asserted, it should have been proved that tlie 
 amount of the collection was below tJK^ usual aveniire of the riH'cipts for 
 the month of Juno and that wo sliould. without nciessity. have aci'umu- 
 lated, prior to the l.st July, 1897, payiuouts imputable to the followinu' 
 year. Xow, here are the fad, s : The collection IVoni tln^ 2Gth May to the 
 :!Oth June for the years ISO.'), IS'.Mi and 1897 was as follows : 
 
 « 
 
 1S95 s-,Vl,^[q :](■, 
 
 189(; (;.'.0,3ln 11 
 
 1897 tlOd.iMK) -(i 
 
 From the iiJth May 1o the ;]i)th June, 1897, wc; collected $S7,009.40 
 more shim diiriiii;- the same period of l>i9r) and s29,40.")..3-') less than in 
 1890. Our receipts for that i)eriod of the year ]s97 exceeded by rs28,S28.00 
 the average of those for I he same jioriods of lln; two previous years aiul 
 cons;M|ueutly the eharLi'e made against us of having neulected collection in 
 order to iiicrea-e the delicit of our predecessors falls of itself. 
 
 It is all the more unfair that, previous to the general elections, their 
 Provincial Secretary had given instructions to his deputy minister not to 
 press the collection which, in his department, remained in suspense until 
 our accession. Those instructions have already been read out before this 
 House and I am prepared to produce a copy, if necessary. On our part we 
 pressed, the collection oi moneys by circulars to the revenue collectors 
 which are already known to this House and which I might also lay on the 
 table, if required. 
 
J •-•';» 
 
 — 6 — 
 
 To sliow (ht3 injustice of the charge still more dearly, it .sufHces to- 
 give the nmount olthe collertioiis during the .same period (from the 2Gth 
 May to the 30lh June; during the live years of our i)redeces8ors' regime. 
 
 Hero is a statement thereof, uiken from the books of the Treasury- 
 Depart inent : 
 
 Tu lHlt2 % :i60,r)48 00 
 
 lS!t:^ 4;]2,22t) 553 
 
 1S1I4 532,t)81 89 
 
 ISO.-. 013,897 3(3 
 
 lS9t; 030,310 11 
 
 Total for the live years |2, K;0,G»j4 65 
 
 Average for the live years of the Conservative regime $403,932 93 
 
 Amount collected in 1807 600,906 76 
 
 Our collections therefore during the period indicated ex-eeded 
 
 the averaire of the previous years by .flOG,973 83" 
 
 As to the seaond pretension which consists in accvising us of having 
 anticipated future payments to increase the year's expenditure in a dispro- 
 portionate manner, I have but to indicate some of the payment that we 
 made on account of the previous Government to show, in an i?>ontestable 
 manner, that such payments were urgently needed to settle debts which our 
 predecessors could not have avoided meeting before the end of their fiscal 
 year without seriously compromi-'ing the credit of the province. Among 
 otlier things, we had to pay the following sums : 
 
 For interest on the public debt $386,623 45 
 
 For expenses of legislation 54,679 44 
 
 For salaries and contingent expenses of civil government 28,930 11 
 
 For administration of justice incurred and due 107,664 63 
 
 For public instruction 52,883 34- 
 
 For debt.s accumulated in the Departments of Agriculture and 
 
 Colonization ^Q '^55 11 
 
 For public works (ordinary) ^^ .og g/y 
 
Amounts due to iu>ano asylums .')'), I.")! 64 
 
 Miscellanoous expenses 7.'),247 17 
 
 *8].j,88.3 19 
 Doductiui^ from this total which represents the amount of the 
 payments made iVom the 2tith May to the 3nth June, 1807. 
 
 the amount ol'our receipts in tiie same period (JM0,9()t> 7ti 
 
 There is a dehcit of *214,97t> 43 
 
 Which, added to the deilcit of the 20th May, 1S97, already 
 
 mentioned .")9r),.')07 T7 
 
 Keprescnts the exact delicit for the year 1896-97.. 8810,484 20 
 
 These figures are conclusive; they give the mathematical proof of the 
 accuracy of the calculations which have indicated the disastrous results of 
 the financial administration of our predecessors. 
 
 They clearly show that the delicit of 189(3-97, repudiated hy ray hon- 
 orable colleagues opposite, already existed at the time of their fall ; that 
 their pretensions to the contrary are without foundation and consequently 
 they bear the full responsibility thereof before the country. 
 
 Such, in fact, was the condition of our finances when 1 undertook to 
 balance them. It was necessary to remove the enormous deficit I have 
 Just mentioned and to replace it by a surplus. Notwithstanding the diffi_ 
 culties of the task, I did not hesitate to undertake it and I am happy to be 
 able to state to the House to-day that it is accomplished. 
 
 During the course of the first year the deficit of $810,484.20 was re- 
 duced to $187,000 ', as I have already shown last year in my IJudget 
 Speech, and during the second year, which ended only on the 1st July last, 
 it was converted into a surplus which, calculated on the same basis, 
 amounts to $88,010.83. 
 
 Not only does the surplus I have just indicated exist in the receipts 
 over the ordinary expenditure, but even by adding the extraordinary ex- 
 
~ 8 — 
 
 penses of the year, amounting to $11,059.11, we still have a surplus of 
 $22,556.22 ill the year's receipts over the total expeudituro, both ordinary 
 and extraordinary. 
 
 Our liabilities, instead of increasing as 'iithe past, have therefore been 
 decreased by an amount equal to the surplus I have mentioned. More- 
 over, as shown in the statement of assets and liabilities laid before this 
 House, they have been decreased by an amount of $70,274.67 employed 
 in redi'eming some of our bonds of the 1880 issxie and by an amount of 
 $21,070.17 charged to the sinking fund of the public debt — the whole out 
 of the year's revenue and representing a total decrease in the excess of our 
 liu})iliti^>s over our assets of ^120,241.96. 
 
 Thus the excess ol' the lial>ilities over the issets which our predeces- 
 sors hiv]. during the year 1806-97, increased by 12.700,660.44 was reduced 
 by us last y(\ir out of ordinary revenue to t!ie extent of tlie ,suni of 
 $120.211. !ti; will h I have just mi'iilioned. 
 
 Su' h is I lie result we hive obtained afier two vears' administraliou : 
 (leli'its are wiped out. tlie public de])» is decreasi^d and e([uilibrium is at 
 last restoi'cd. 
 
 The House will now perinil uie to e.staMi-li a sliort comparison be- 
 tween my estimates and the result o1)taiui>d, {•, show to what extent mv 
 foreeavts have biM'ii realized: 
 
 COMPAIMSON BETWElilJ^ THE ESITMATES (>K 1898-!i<j AND THE 
 
 RESULT OBTAINED. 
 
 ESTIMATED l!K('EIl'T.-<. 
 
 Th'> estimated ordinary re. eipts for 1898-99. were ^ 4,091,999 42 
 
 To this amount must be added that collected by the 
 shorilTs and revenue collectors and afterwards reimbursed 
 to thrMn for costs of collection, asset forth in the Public 
 A.ccounts 73,108 03 
 
 I 4,115.107 45 
 
' " '■ ■ - ■ " ' -...-.... . ■■ - ■ -■. ■ - J ■ -__ 
 
 The ordinary receipts aiaouuted to 4,228,579 43 
 
 Leaving a difference ill excess of $ 68,471 98 
 
 ESTIMATED EXPENDITURE. 
 
 According to the estimates, the ordinary expenditure 
 was to be $ 4,047,456 92 
 
 To this amount mnst be added the disbursements of 
 Sheriffs and revenue coUectors out of their collections, in- 
 cluded in the expenditure, as appears by the Public 
 Accounts, and not tnken into consideration in the Ks- 
 iimates iS 73,108 08 
 
 4,120,ot;i Of) 
 
 Now tlieo.diMavyexpcndituivlor ihal year 1808-00 was $ 4,180,004 10 
 
 Ivi>aviii'.;- a diU'crence in cx('(>ss of ^ 00,80!* 15 
 
 These (lili'eieiicors l)elwecii the estieiates nud i he result olilained are 
 not, as may be seen, verv ureal aseoinpared with those ol' past years, 'fhey 
 are fully explained by the iui'vitai)ie vaiialion in the pioduets of sevi.-ral 
 of our sources of revenue, subjeei, as 1 said last year, to " aeeideiital eireum- 
 staniH^s wliieh cause iheni. in ^piM^)!' the ellorts oi' the ( lovernineiit, to 
 uuderu'o utiex[)(ntod clian'j'es in cei'tain services." 
 
 Tliev are, howevur. I'edu'i-d to insiunillcant proportions when lom- 
 parei! with those in prc'\ious years. ^\'e have a strikinu' i)ro()r ol'ihis in 
 the I'ollowiirj' sinii>le t o:n!)arisou between the (Estimates of lSOiJ-07 and of 
 1898-90. with their respective results : 
 
 In his Budget Speei'h for IfsOtl-O". delivered on the 2tlth 
 November. 180'), my piedec(>ssor I'oi'estiw an exc(\s.s of 
 receipts over ordinary expiMuliture of $ 100,864.68 
 
 Far from justifying his forecast, th« Public Accounts for that 
 
 year (1800-97) showed a deUcit of 810,484.20 
 
 Leaving a ditference of * 971,348.88 
 
— 10 — 
 
 Oil the other hand, in my Budget Speech I'or 
 I8OS.99, delivered on the 141h December 
 1807, I loreshadowed a proba])le excess 
 of ordinary receipts over ordinary expen- 
 diture or $40,115 42 
 
 The I'uMic Aocounts lor the same year 
 (]«9S-it!t) sliow that I ol)tained an ex- 
 cess of 33,615 33 
 
 Leaving a dili'erence of •$ (),500 00 
 
 Thi! ditfi-rence is enormous and ^hows, without need of any coni- 
 ineiit on my pari, which side was correct in its cal' '.hitions. 
 
 But ii' there h;\< l)een a decrease in certain services, it has been com- 
 l)ensated by a proportionate iin'rease in others, and the general result has 
 differed only by a few thousand dollars from that which I had forecast. I 
 will cite as chief tixaioples : the revenue from licenses in which there is 
 a diminution of $l!8,259.85 from the amount expected. This diminution 
 is due to a cause beyond control and which could not be foreseen. It 
 results from the fad that in a great many municipalities the councils 
 hav« refused to grant certih'ates recommending the sale of alcoholic 
 liquors within their limiis. The number of licenses and the resulting 
 revenue hav(> diminished in conseqaen 'e. But this dillerence and some 
 others of less extent have hien compjivsated fro'.n other sources. 
 
 Thus, owing to the importance assumed by oitr fisheries and forest 
 lands, the Lands, Forests and P'isherie.s have yielded a revenue beyond 
 my expectations. Our receipts from the Federal Cxovernment also sh n ■ 
 an increase, due to the [Kiyment made us this year of interest on certain 
 trust funds held by tin? Federal Government and to the increase in the 
 amount of such funds through certain instalments paid in by the Ontario 
 Oovernment. 
 
 lilstates and commercial corporations, with a certain number of less 
 important services, have also yieJde(l a revenue exceeding my estimates, as 
 will be seen further on. 
 
— 11 
 
 These results, due to the diligence with which my colleayues have 
 watched over the collection of revenue in their various departments, have 
 enabled us to restore the promised equilibrium in our Provincial linances. 
 
 There have also l)een certain increases and decreases in the expenditure 
 lor several items ; amon<^ others the administration of justice, agriculture' 
 colonization, insane asylums and the various expenses consequent upon 
 an iiicrease in the expected disbursements due to an uncontrollable increase 
 in certain services such as that of insane asylums. 
 
 Hut this sliuht increase is amply compensated by considerable saving 
 in most of the departments of the civil service as I will now show. 
 
 ACCOUNTS OF THE PAST TIIJJEE YEARS. 
 
 For the year ending SOth June 1897, there was, as I have 
 already shown, an excess of ordinary expenditure over 
 
 ordinary receipts represented by a deficit of .$810,484 20' 
 
 During the year 1897-98 this deficit was reduced as shown 
 
 in my Budget Speech last year, page Ki, to 187,030 iiS 
 
 Making for that fiscal year alone an improvement of. 02;}, 45;! 87 
 
 The Public Accounts for the fiscal year endiui-- 30th June 
 last, show that the ordinary receipts and expenditure for 
 that year, including the amounts collected on railway 
 subsidies taxes, were as follows : 
 
 Ordinary recei;Ls $4,22;J.579 4;:J 
 
 Ordinary expenditure 4,189,90 f 10 
 
 Making an excess of ordinary receipts over ordinary expen- 
 diture of 933,015 33 
 
 Which is an improvement in the finances of this one over 
 lHp^r97 of $844,099.53, and over 1897-98 of !;-220,045.00, 
 
s 
 12- '. 
 
 Comparison of the reoeipts and expenditure of 1898-99 
 WITH those of 1896-97 and those of 189Y-98 : 
 
 Ordinary receipts. 
 
 The total ordinary receipts of 1898-90, including taxes on 
 
 railway subsidies, was, as I have just shown $4,223,579 43 
 
 Those of 1897-08 were 4.177,65(3 35 
 
 Increase in receipts of 1898-90 over those of 1897-98.... $45,923 08 
 
 The same toial receipts of 1808-99 $'4,22:!,;>79 43 
 
 Compared with those of 1896-97 8,874,066 22 
 
 Show an increase over the hitter year lSOti-07 of 8348,613 21 
 
 OrDIXARY i']xi'KNl)]TURK : 
 
 The total ordinary expendilnvc- for 1898-99 was $4,189,064 10 
 
 In 1807-Os ii was 4,364,686 68 
 
 Makinir a d(>cioasc in expenditure I'or 1808-00 over 
 
 1'07-OS of 1174,722 58 
 
 The same ordinary t^xiieiiditure for l8lt8-00 ^4,180,064 10 
 
 ('oini>irod with thai for 1806-97 was 4,6S5,450 42 
 
 Shows a decrease over the latter year 1806-07 of $405,486 32 
 
 Extraordinary Exim'.nditure : 
 
 The exlraordinaiy expenditure on public works and l)uildiniis durinu' 
 tlic year 1808-00 was $39,624.50 less than durinji- the year 1807-08 and 
 $165,773.17 less tlian during the year 1896-07. 
 
 Katiavay Suusidies : 
 
 The payments 6n account of railway subsidies during the year 1898- 
 99 were $96,205.07 less than during the previous fiscal year. The balance 
 
— 13 — 
 
 of the lailway subsidies authorized by the various acts ol' the Lei^isUi' re 
 but in connection with which the conditions under which they wert to. 
 be paid had not yet been fuliilled on the 30th June, WM\ was !|815,943.0Y 
 
 KePAYMENT of GrUAKANTEE DEPOSITS : 
 
 The amount repaid on railway guarantee dcjiosil^ during the year 
 1898-90 was |137,841.49 less than during the year l«!t7-98. The balance 
 remaining to be paid on those deposits was i§33,u72.1- on the 30th June, 
 1899. 
 
 I hope (he House will not deem superiluous the details 1 now consi<ler 
 advisable to give, in connection with the expenditure in the various 
 branches of the public service. It will find in I hem a i)roof that we con- 
 tinued, last year, to practise the economy we promised. 
 
 PUBLIC DEirr. 
 
 Decrease. f 32,851 OO 
 
 Made up as follows : 
 
 Decrease : 
 
 Interest on floating debt .* 536 53 
 
 Do funded " 50.051 80 
 
 Redemption of bonds 17,033 32 
 
 $67,021 65 
 Increase : 
 
 Sinking fund !?;10,392 39 
 
 Charges of management 1,668 01 
 
 Discount and charges on conver- 
 sion of debt 22,707 25 
 
 31,767 65 
 
 Decrease $32,854 00 
 
14 - 
 
 LECrlSLATIOX. 
 
 Decrease ^20,882 97 
 
 Decrease : 
 
 Leuislative C'ouikuI $ 882 18 
 
 legislative Assembly 11,847 87 
 
 Print ini? and Binding 10,415 15 
 
 Election Expenses 965 31 
 
 $24,110 51 
 
 Increase 
 
 Pnnting the Statutes $ I7O6 tii) 
 
 Indemnity to Revisors, etc 2.320 85 
 
 3,227 54 
 
 Saving over 18!i7-98 $20,882 97 
 
 This statement shows that wise economy has been practised in the 
 administration of the affairs of this Legislature during the past fiscal 
 year. I am sure the House will join me in congratulating our worthy 
 Speaker on it. 
 
 With respect to this I would observe to my honorable colleagues that 
 not only have the legislative expenses this year been less than estimated 
 l)Ui they show an economy of $20,882 97 over those of 1897-98 and of 
 198,596 19 over tho.se of lS96 97, and that even in 1895-96, the year which 
 my honorable friends opposite are pleased to cite as a model of economical 
 administration, the expenses of the Legislature exceeded those of 1898-99 
 by »he amount of .^5,522.05. 
 
 The total esjienses of the Legislature during these four years have been 
 as follows : — 
 
 1895-9(; $195,549 27 
 
 1896-97 288.023 41 
 
 1897-98 210,910 19 
 
 1898-99 190,027 22 
 
15 — 
 
 CIVIL (iOVEUNMENT. 
 
 Decrease S 1-2,934 38 
 
 Decrease : 
 
 Contingencies $ 1 S.lS-l 38 
 
 Increase : 
 
 Salaries li^O 00 
 
 Savins over 1897-98 $12,934 88 
 
 *o 
 
 ADMINISTRATION OF JUSTICE. 
 Decrease * 9,248 66 
 
 Decreask 
 
 Salaries and expenses of Sherill's, rrothonota- 
 
 ries, criminal prostM-utions, etc s l;j,09T 94 
 
 Inspection of public olfices 207 95 
 
 ^ 13,3(35.89 
 Increase : 
 
 Police S l,ti02 8U 
 
 Industrial and reformatory schools 2,515 03 
 
 4,117 33 
 
 Savinjr over 1897-98 $ 9,248 56 
 
 rUBLTC ^VOIiKS AND BUILDING^S, (Ordinary) 
 
 Decrease $43,51' 75 
 
 Decrease : 
 
 Rents, insurances, repairs, &c $ 17,780 09 
 
 Repairs to court houses and gaols 12,584 32 
 
 Rents of court houses and gaols 1,005 03 
 
 Insurances of court houses and gaols 12,432 12 
 
 t '13,808 70 
 
— 10 — 
 
 In< rea.se : 
 
 Iiispectiou, &c 2n4 01 
 
 Saving- on 1897-98 $4ti,o\l 75 
 
 PUBLIC WORKS AND BUII.DIXUS, (Extraordinary.) 
 
 Decrease $39 624 .j9 
 
 Decrease : 
 
 LAND.S, FORESTS AND EISHElilES. 
 
 Decrease ^ 4,6.'^(! 90' 
 
 General expenditure $ 700 00 
 
 Protection of forests 3,475 18 
 
 Publication of geographical maps ..:... 1,808 42 
 
 $ 5,988 60 
 Increase ; 
 
 Fi.sh and game $ 175 76 
 
 Laurentides Park" 160 4-3 
 
 Suspense accounts 1,010 51 
 
 1,346 70 
 
 Saving on 1897-98 $ 4,686 90- 
 
 Decrease : 
 
 EXPLORATIONS, SURVEYS AND MINES. 
 
 Decrease $ 7,057 00- 
 
 Cadastration service | 8,000 00 
 
 Surveys 2,257 00 
 
 $ 10,257 00 
 
— 17 — 
 
 Increase ; 
 
 Mines $ 700 00 
 
 Publioatiou of geographical maps 2,f>00 00 
 
 3,200 00 
 
 Saving on 1897-98 t 7,057 00' 
 
 Decrease 
 
 AGRICULTURE. 
 
 Decrease * 21.808 71 
 
 Farmers' clul).s #11,455 52 
 
 Horticultural Society, Quebec 11(5 1- 
 
 Agiicultural schools H,15;i tl9 
 
 Veterinaiy schools 90 92 
 
 Dairy S(;hools ;5,829 08 
 
 Agricultural lectures 82 20 
 
 Agricultural merit 070 83 
 
 Au-ricultural exhibitions 8,0(J0 00 
 
 Ursulines at Roberval, housekeeping school... 2,498 17 
 
 $34,903 18 
 
 Increase : 
 
 Agricultural societies $ 17 02 
 
 Council of Agriculture 80 30 
 
 Dairy associations' 907 01 
 
 Arbor Day 30 08 
 
 Improvement of rural roads 3,999 95 
 
 Paris Exhibition 3,000 00 
 
 Compton Model Farm 5.()00 00 
 
 13,094 4-> 
 
 Saying on 1897-98 !| 21,808 7L 
 
 2 
 
— 18 — 
 
 This saving of ^'JJ, 808. 71 bears eHjiecially on the a^ricuiltural schools 
 certain iarnuTs' clubs and special agritmltural asisociatioiis an<l some butter 
 and clu'cse factories ; while the aid given to dairy associations and the in- 
 spection ol" syndicates shows a large iiurease. svhiih remark also applies 
 to the amount granted foi- llic improvement dI' municipal roads. 
 
 The dccri'ase in llie item for I'anni'rs' rlubs is explained by the fact 
 that the Inw |)nssed during the session of 18i<8, completely .separating the 
 moiiev.^ iippioprialed for larmers' clul)s from lliosc intended for airricultural 
 societies, h;is had its full ellect. The r(>sults have been very sat isfuctory 
 The iimnliiT of farmers' clubs has iiu'reasod from ")(i:l in 18HT-'.'8 to .illi in 
 18'.'8-'J1', and, if the number of members of these clubs luis slightly 
 diminishci!, it is because under the old system certain clubs sw'clh'd the 
 lists tiausmitted to the Deiiartmenl, with names whi<li had no ri'jht to be 
 there The increase of 13 in the numbti- of theso <lubs over last year 
 shows that they have extended their lield of action, while the failing olfin 
 the iiumlier of thi'ir members is ( ompeiisated by the iiicreast> in the mem. 
 hevship of the agricultural .■-ocieiies — an increase which foots up to over a 
 thousand. 
 
 'fhe reduction in the num])er ol' butter and checs(> factories receiving 
 Governmciii grants is du" to the fact that tli(> ( !*)verninent has, as i'ar as 
 possible, adhered to the wise policy of not encoura'.:in<i- too larue a number 
 of these factories in ttio same municipality, save in altoiicther exceptional 
 circumstances. It must not be foruotten, moreover, that the jiolicy 
 pursued in this resjjcct for some years past has borne its fruits, by tending 
 to the establishment, in nearly all the agricultural centres, of one or more 
 butter and cheese factories, and thai the Government is consequently called 
 upon to contribute less from year to year to the erection of these factories. 
 
 The pr(\sent Government has preferred, under tin; circumstances, to 
 adopt, as its line of action, the work of looking more to the good quality of 
 the i)roducts than io the too extended manufacture of inferior j^roducts, 
 and therefore of spending more for the inspection of the butter and cheese 
 factories in the province. The public accounts show an increase of $1,000 
 in round figures for this service and the expens s of the current year for 
 the same service are still larger than heretofore. 
 
— 19 — 
 
 The decrease in the amoxiiit voted for au^ricultural srhools is explained 
 by the fact that the school at L'Asfsomption has received nothini^ or almost 
 nothinijf and Ihat the grant to another sihool was considerably reduccfl. 
 
 The sum of $2,408.17, paid last year to the Ursulines of Koborval, was 
 the balant'c due for the rebuildin<r of their t'stablisluiient, which had been 
 burnt down, and no loiin'cr represents an annual ex[)ensi'. 
 
 The detrease of $18, 000 in the q'rants to exhibitions in the province is 
 attributable to the fact that I lie (lovernnii'iit curtailfd the amount awarded 
 to private associations, in order to IxMielit, to a certain extent, the agricul- 
 tural societies organized according to the general law on auriculture. 
 
 These explanations show that, while pracli>inLr real economy, tlm 
 (J-overnment, far from nenlecting the interests of tin' aiiiicultnral class, his 
 on the contrary, successfully employed to tliat »'nd the resdurci-s which the 
 Province had authorized it to utilize. 
 
 COLONIZATION. 
 
 Althouuh there is soiin> decrease in this service, as (>oinpared with the 
 preceding year, we are in a position to show that \\u' money emj>loyed has 
 been productive of abundant results for colonization. It must not be 
 forgotten that a carefid distribution of the moneys voted is calculated to 
 make up in a large measure for the smalliu^ss of the grants ; the wise employ 1 
 mcut of the sums voted for colonization roads being of greater importance 
 than the more or less large amount set apart for the purpose. 
 
 During the year 1898-99, we have opened and completed Ho miles of 
 lU'W roads, finished 120 miles of roaJ commenced durinu' the previous 
 year, cut out as colonization roads 11.") miles and repaired 258 miles of old 
 roads, forming a total of o28 miles as the sum of the year's work. 
 
 This brief statement shows that colonization works, properly so-called, 
 were not neglected. 
 
 It is chielly in the repairing of roads that the moneys voted are more 
 frequently exposed to the danger of diversion from their j)roper destination 
 With a strict watchfulness over their distribution and with the aid of the 
 
— 20 — 
 
 niembiTs of this House who uiiderstiuul the narrownesH of th« limits 
 financially to which our inouus of a<tion are rt'diicod, I nm <'ouvincod that 
 we can maintain this service in its normal state, while i)roportioning the 
 appropriation for it to the resonrces of the Province. 
 
 rUHLIC INSTRUCTION. 
 
 The coliunn of the expenditure under tin- liead of I'uhlic Instruction 
 does not indicate all the dishurseinents made durins'' the year, as consider- 
 able sums devoted to educational purposes are entered under the head of 
 miscellaneous expenses. These inc-lude the special grants made to certain 
 educational inslitutions and a portion of the amount appropriated for night 
 schools. This is why some of our adversaries, — whose good faith 1 do not 
 
 desire to question by following their example towards myself, though I 
 can justifiably blame Ihem for iMoiujuncing without sufficiently consult" 
 ing the public accouTits — unjustly accus(» us of ]iractisiuLr in this service 
 an undue economy by depriving Public Instruction of its letritimate share 
 of the expenditure. 
 
 If there be a question which should be dealt with accurately and 
 impartially, it is certainly that which relates to the teaching of our youth. 
 In its presence, all spirit of parly should disappear and give place to a 
 broader and more generous sentiment, tending to unite the efforts of all 
 right-thinking minds, whatever may be their i>olitical sympathies, in order 
 to promote this eminently national work. 
 
 This is what our accusers have not realized, as I will show by the 
 following table which gives the details of the estimates of the ordinary ex- 
 penditure for this service contrasted with the expenses incurred for it in 
 
 1898-99 : 
 
 Voted. Expended. 
 
 Superior Education $ *J1,000 00 $71,000 00 
 
 High Schools, Quebec and Montreal 2,470 00 2,470 00 
 
 Compensation to Catholic institutions 4,940 00 4,940 00 
 
 Public Schools 1()0,000 00 160,000 00 
 
 Schools in poor municipalities 13.000 00 18,000 00 
 
 Normal Schools 43,000 00 43,000 00 
 
— 21 — 
 
 School Inspection 36,000 00 36,000 00 
 
 Siiperaniiuatwl Teachers 8,000 00 8,000 00 
 
 Teachers' Tension Fund 1,000 00 1,000 00 
 
 Sehools for the Deaf and Dumb 12,000 00 12,000 00 
 
 " •' " at Mile End ' r)00 oO 500 00 
 
 Council of Publie Instruetion 2,000 00 2,000 00 
 
 Publication of Journals of Tublic Instruction.. 1.500 00 1,500 00 
 
 Scholastic Mu.seum 000 00 600 00 
 
 Superintendent's Report •')00 60 500 00 
 
 Branch of Laval University, Montreal 4,000 00 4,000 00 
 
 Revd. Mr. Quinlivan's High School, Montreal.. I.OOO 00 1,000 00 
 
 Arts and Manufactures 1:3,000 00 12,871 53 
 
 As shown by this table, we have expended the diii'erent sums plai'ed at 
 
 our disposal in the ordinary budget of Public Instruction, with the exception 
 of a trilling balance of 1 128.47 which has remained unexpended of the 
 appropriation for Art's and Manufactures. 
 
 We have further laid out for the objects set forth in the Act 
 60 Vic, chap. 3, such as the advancement of elementary 
 
 education, aid to poor schools &c, a sum of $ 34,275 99 
 
 And further again in grants to diiferent educational insti- 
 tutions 2,500 00 
 
 $ 36.775 99 
 
 Not only hav^e the ordinary appropriations for elementary schools, for 
 superior education and for literary, scientific and industrial institutions 
 been fully employed, but we have added considerably thereto for the pur- 
 poses just indicated. In addition, we have founded at Montreal a normal 
 school, for female teachers, which is actually in full operation. We have 
 r*lso made provision for the free distribution of a geographical map of the 
 province to all the public schools. This map is now ready and its distri- 
 bution will shortly be effected. 
 
22 
 
 We are moreover preparing to distribute a free series of elementary 
 school text books to our primary si^hools.. 
 
 Pedagogical lectures have been given by the school inspectors in their 
 several districts, and a large number of teachers of both sexes liave taken 
 advantage of them to perfect themselves in the art of leaching. In order 
 to enrourage them in this study, we have annually distributed a consider- 
 able sum in premiums, which are awarded to those evincing the most 
 application, aptitude and success. In this way, we reward the most 
 deserving with an important compensation for the small remuneration 
 which they receive for their services in some s(diool municipalities, while 
 at the same time obviating the deplorable conllicis that would have been 
 provoked by the adoption of more rigorous measures. 
 
 All tliis progress achieved or in course of achievement shows th . 
 we are applying ourselves assiduously, within the measure of our financial 
 means, to the advancement of elementary education and that our promises 
 on this head are on the high road towards fulfilment. This task caniiot be 
 completed in a day. It is an all'air of long range and calls for a heavy 
 expenditjire which cannot be fixed in precise fashion for each fiscal year, 
 but which Ave meet as it is incurred and becomes payable. . 
 
 The following statement indicates in lull the expenses which the 
 Government incurred last year for education and shows that. whiU' allot- 
 ting to the common schools, to superior education and to literary, scientific 
 and industrial institutions the full amount assigned to them in the budget 
 and while specially favoring night scJiools and poor municipalities, it has, 
 at the same time, practised a useful economy under certain heads of expendi- 
 ture, without irapedinii' edui;ational protrress ; 
 
 The Public Accounts for 1808-99 indicate as the general 
 expenditure for Public Instruction, inclusive of the 
 literary, scientific, etc., institutions above given in 
 detail, only a sum of $ 389,014 81 
 
23 
 
 To this mivst bo addod the Ibllowinj? sums enuraorated 
 uiidtM- the hoad of MiscelUiueous Expenses : 
 
 Grant to Acton CoHege 500 00 
 
 " IJoxton Convent 600 00 
 
 Kobevval College 400 00 
 
 Douglastown Model 8ehool 1,000 00 
 
 Niffht Schoolis 21,142 71 
 
 $ 412,657 52 
 
 In 1895-90,. the general expenditure for Public Instruction, 
 
 etc., was, according to the Public Accounts I 382,759 76 
 
 To which must be added the I'oUowing sums 
 specilleil under the ln-ad of Miscellaneous 
 Expenses : 
 
 Grant to KiMare Convent $ 200 00 
 
 Expenses for night schools 6,791 00 
 
 6,991 00 
 
 $ 389.750 76 
 Dedu<'t the savings elFected in 1898-99 on the 
 expanses of 1895-96 : 
 
 School inspection § 6,000 00 
 
 Prize books, (replac(>d by a grant to poor 
 
 municipalities) . 6,000 00 
 
 Publication of the Journal of Public Instruc- 
 tion 750 00 
 
 Inspectors' Congress 500 00 
 
 Copy of archives 1,499 76 
 
 • 14,749 78 
 
 Leaving, with those savings deducted, a balance for 1895- 
 
 96 of ) 875,001 00 
 
 — — r 
 
 and giving on identical bases an excess of expenditure 
 in 1899 over 1896 of $ 37,656.52. 
 
— 24 — 
 
 INSANE ASYLUMS. 
 
 Increase $ 40,195 00 
 
 Increase 
 
 Beauport Asylum $ 544 72 
 
 LoTigue Pointe Asyham 25,595 02 
 
 ^t. Ferdinand d'Halifax Asylum 1,038 'J3 
 
 Protestant Hospital for the Insane 10,794 74 
 
 Hospice de la Baie St. Paul 2,826 87 
 
 Grants to charitable institutions 195 00 
 
 $ 40,495 28 
 Decrease: General expenditure 300 28 
 
 Increase of 18'JO over 1898 $ 40,195 00 
 
 MISCELLANEOUS EXPENSES. 
 
 Increase | 8,941 88 
 
 Increase 
 
 Miscellaneous generally $ 3,852 14 
 
 Inspection of railways 127 35 
 
 Night schools 9,142 71 
 
 Factory Act 1,044 91 
 
 Registrars' salaries and contingencies 2,951 91 
 
 Under the Arbitration Law, 64 Vict., ch. 4. 271 06 
 
 Magdalen Islands Land Tenure 94 51 
 
 Special pensions 1,350 00 
 
 Inspection of Mutual Benefit Associations 295 84 
 Payments by Revenue Officers out of 
 
 Collections 9,515 70 
 
 ( 28,646 13 
 
— 25 
 
 Decrease : 
 
 Municipalities' fund $ 72 00 
 
 Outlay for vaccine 125 00 
 
 Official Gazette 1,402 14 
 
 Stamps, licenses, etc 1,202 75 
 
 Superannuation pensions 127 09 
 
 Kevision of the Code of Pro- 
 cedure 6,652 33 
 
 Expenses of sequestration, Bay 
 
 des Chaleurs Railway 7,282 38 
 
 Q.'M. O. & O. traffic expenses. 1,016 06 
 
 Maritime Road, (.xaspe 1,824 50 
 
 19,704 25 
 
 Increase of 1899 over 1808.... $ 8,941 88 
 
 SPECIAL WARRANTS. 
 
 The present Government has been reproached with having, on coming 
 to power, issued special warrants contrary — it was alleged — to the spirit 
 of our constitution. I thought that I had conclusively answered that charge 
 in my budget speech for the year 1897-98, wherein the subject will be 
 found specially dealt with on page 16. But since this unjust charge is 
 being constantly raked up, I desire to thoroiighly explain again the excep- 
 tional circumstances in which we were placed on taking olht^e, in order to 
 re-establish once for all the facts in all their exactness. 
 
 The Treasury Act is explicit on this head. In article 784 R. S. Q., it 
 declares that " if an occasion arises when any expenditure, not foreseen or 
 provided for by the Legislature, is urgently and immediately required for 
 the public good, upon the report of the Treasurer that there is no legisla- 
 tive provision and of the Minister having the charge of the particular 
 service, that the necessity is urgent, the Lieutenant-Governor in Council 
 may order a special warrant to be prepared for the issuing of the amount 
 estimated to be required." 
 
'. ..: :-:-r-:tV'~-, 
 
 2G — 
 
 Now, as shown by tho olficial dotuments, on the 26th May, 189*7, 
 when we entered into ofTice. the credit, voted for most of the departments 
 had long been exhausted and our predecessors, who to-day accuse us, had 
 th(jmselves issued during- tho course of the year special warrants to the 
 amount of .$80;], 701. 44 to meet the exi-ess of their own expenditure over 
 the appropriations sanctioned by the- Leo-ishiture. 
 
 More than this, as 1 liave shown at the beiiinninir of this statement 
 we were confronted not only willi a budsi'ct exhausted by the previous 
 Government, but with the necessity of si^tling urgent debts, imputable to 
 the current year, to the amount of i5815,883.l9. "What was then left for us 
 to do ^ Jietard the payments and charge the next year's budget with them? 
 Our adversaries. Avho are so scrupulous about respect for the constitutional 
 ruh's since they have gone out of power, will not dare to pr(>tend this. 
 Moreover, the nature of the debts incurred and already enumerated 
 admitted of no delay in the interest of the credit of the province. Therefore 
 the urgency was aV)solule and to meet these heavy balances of our j^rede- 
 cessors' accounts, there was no legislative provision. I'or the sake of the 
 honor of the provini'e, recourse had to be had to the only means which the 
 constitution permitted us to employ — the special warrant. 
 
 Never was that recourse had more legitimately and it ill becomes our 
 adversaries, in the face of the linancial situation created by themselves, to 
 pro('laiin, as they have done in public meetings, a pretended violation of the 
 constitution and to affect to be scandalized at a legitimate act, accomplished 
 for the public good, in order to wipe oil' an excess of expenditure accumu- 
 lated by the fact of their o^vn extravagances. Their criti<'ism is all the more 
 unfair that, in spite of their knowingly erroneous principles, they them- 
 selves, before their fall, ivssued special warrants as I have shewn to the 
 enormous amount of 1803.000 in order to i)ay olf debts incurred without 
 legislative authority, which could have been avoided by a judicious econo- 
 my. If we have had to complete the payment of these, by the only means 
 which the law allowed us to employ, it does not become them to blame us 
 for so doiim'. 
 
— 27 
 
 THE CURRENT YEAR. 
 
 It will bo seen from the statement of special warrants issued since 
 the 1st of July last, and from the supi)lemenlary estimates submitted to 
 the House for the current year that certain services will require some 
 addition to the amount appropriated to them in the estimates of the cur- 
 rent year, on a'Couni of urgent requirements that have arisen since last 
 session. 
 
 ]k;t, on the other hand, this increased expenditure will, I feel con- 
 fident, be fully compensated by the reduition orexpenst\s and increase of 
 revenue in other services. Thus ic is more than probable that the expen- 
 diture in connection with the Public Debt will be about $:^0,000 less than 
 the amount voted, the difference beinu' caused by the reduction in the 
 number of bonds of the loan of 1880 to be redeemed half-yearly, owing to 
 certain of them having been already redeemed in the conversion of the 
 debt. 
 
 On the other hand, the receipts, according to all probabilities, will ex- 
 ceed the estimates by an important amount. The Lands, Forests and 
 Fisheries, as also several other sources of revenue, give xis the prospect of a 
 considerable increase over their estimated receipts. 
 
 In any case, it is our lirm intention to continue the practice of the 
 strictest economy as far as Consistent with the public interest and to use 
 every diligence in the collection of the revenue. I see therefore no reason 
 to expect that the result of the year's operations will vary much from what 
 I anticipated when I prepared my estimates last year. 
 
 I now come to the accounts for 1900-1'JOl, ior which 1 have endea- 
 vored to prepare an estimate of receipts and expenditure as accurately as 
 possible from the minute information I have obtained from the various 
 departments. 
 
— 28 — 
 
 STATEMENT E. 
 
 ESTIMATED RECEIPTS 1900-1901. 
 
 DoMiMo.N OF Canada : 
 
 Su')i-i.ly un<ler H. N. A. Act S069,'252 80 
 
 Interest on 'I'riist Funds 7'2,84S 41 
 
 fSpt-cial Subsidy, 47 Vict., chap. 4 l-27,4ti(i 6« 
 
 Inlurent on Railway Subsidies under 47 Viet., uhap. 8 1 19,7<Kl lH_l 
 
 Intki'.k.st ; 
 
 1,279,261 S9 
 
 I merest on price of -sale (f M. (). A (). Railway 300,mK) tKt 
 
 Interest on Loans and Deposits 10,WHI (.K3 
 
 H10,0()0 00 
 
 LASI.K, FOHKSTS A FlSIIKKIK-S 1,090,000 00 
 
 MrsKs 15,000 00 
 
 AdMIMSTKATIOS ok Jl'.-iTICK : 
 
 Law Stamps 1!)5,000 00 
 
 Law Fees 15,000 00 
 
 Building and .lury Fund. (Gross revenue) .'!8,t)(X) 00 
 
 Maintenance of Prisoners 10,000 00 
 
 (iaol ( iuards, Montreal and Quebec 4,0O0 00 
 
 Fines 200 00 
 
 MontreaHIaol l.rtOO 00 
 
 Other Gaols - Prisoners' earnings 200 00 
 
 Montreal Court House , . ."i.OOO (K) 
 
 High Constable's Fees, Quebec 500 00 
 
 270,000 00 
 
 Registration Stamps (including fees of Salaried Registrars) • 70,000 00 
 
 Licenses. (Gross revenue) 650,000 00 
 
 Direct Taxes on Commercal Corporations 175, (K10 00 
 
 Duties on Successions 265,000 00 
 
 Percentage on Fees of Public Officers 6,000 00 
 
 Percentage on renewals of Mortgages . . 200 00 
 
 Maintenance of Insane 50,000 00 
 
 Maintenance of Inmates of Industrial and Reformatory Schools 25,000 00 
 
 Legislation 9,000 00 
 
 Oirinial ( liwette 20,000 00 
 
 Rents of Public Buildings, Ac 1,000 00 
 
 Gamial Revonuo 7,000 00 
 
 Provincial Insurance Companies—Contributions 400 00 
 
 Contnbutions to Pensions, Civil Service . ... 5,000 00 
 
 Premium, Discount and Kxchange ... 1.500 00 
 
 4,249,361 89 
 Railway Subsidies Tax 30,000 00 
 
 $ 4,'279,361 89 
 
— 29 
 
 ST A TEMENT F. 
 
 ESTIMATED EXPENDITURE, 1900-I Ol. 
 
 S ols. 
 
 PubhcDebt l,/i4(U.):M.4 
 
 , . , .. 1!W,804 70 
 
 Legislat ion 
 
 Civil (:,.vernn>,.nt -Tl'.TOS 04 
 
 Adrainislration of Justice, feu >'2-_','JiMl UO 
 
 Public Instruction, &c -^:*■•'«" ^0 
 
 Public Works and Huildings— Ordinary 13."),90r) 71 
 
 Agriculture 189,15000 
 
 Lands, Forests & Fisheries 139.000 00 
 
 Colonization & Mines, &<,• '^S-250 00 
 
 Lunatic Asylums, Rofornialories, &c 434,000 00 
 
 Charities •♦■*-^'" '5 
 
 Miscellaneous Services 
 
 149,925 00 
 
 4,213, !.-)« 14 
 Public Works and Buildings— Extraordinary '22,3(i0 00 
 
 4,235,458 14 
 Railway Subsidies 349,672 50 
 
 $4," 85.1:10 64 
 
 Accordin"- to the above tables, the probable receipts for the 
 
 year °19U0-1901 will be $4,279,301 89 
 
 On the other hand, the expenditure is et^timated at 4,23 .,4.)8 16 
 
 Beins an excess of receipts over expenditure of. ^•*''^^'jj__yj 
 
— 30 — 
 
 CASH OPERATIONS 1898-09. 
 
 The following' i.s a Klateinent of the cash operations during the year 
 
 1898-99: 
 
 Cash in IJaiiks, 80ih .lunc 1898 on rurn>iit account $ 22,243 22 
 
 do do bahince of proceeds of loans... 408,420 37 
 
 $ 490,663 59 
 From whicli have hi'cn paid hi'twceii 1st July, 
 1,S9S, and ;!')tl> .Fuiic. lSii9 : 
 
 Outstandini-- Wanaiits at 30th June, 1H98 $ 191,639 36 
 
 Eailwiiy .S.il)-.i(lics ; 100,079 17 
 
 Railway (luaraiilcc Deposits 99,630 37 
 
 391,348 90 
 
 $ 99,314 09 
 
 The jiaynicnts (exclusive of Rail- 
 way Sub idies and rei)ay- 
 meiit ()!' liailway (Juaiaiitee 
 Deposits) IVoin 1st July, IsdS, 
 to 30ih .lune, iS'.iii, were : 
 
 Ordinary <'xpeii(liiure $4,189,964 10 
 
 Extraordinary exi)euditure 11,059 11 
 
 Trust di'i.osits 33,387 60 
 
 $^,234,410 81 
 
 The receipts IVoai 1st July, 1898, 
 to 30th June, l>S'.);i, wore : 
 
 Ordinary revenue 4,223,579 43 
 
 Trust deposits 26,010 5u 
 
 4,249,589 99 
 
 Excess of receipts 15 179 18 
 
 Balance of cash on 30lh June, 1899 $114,498 87 
 
-- 31 — 
 
 Viz: 
 
 Cash in l)anks $ 2ni, 970,0.') 
 
 Less outstanding' warrants includi'd in tho above 
 
 ]>ayments 8'7,47'! 18 
 
 ^Sl 14,493 87 
 
 AI'I'IJOXIMATE STi\Tl-ME.VT OF LlAlllI.lTl HS AND ASSETS 
 
 OF THK I>KO\ IX(;E OF QUEHEC, ().\ 30TI£ .JUNE, 1899. 
 
 lilAlUMTIKS. 
 
 Funded Debt, outstandinu', oxclusive of in- 
 crease by conversion i{;3-!, 413,420 00 
 
 Increase of capital by conversion 1,715,427 72 
 
 $-35,128,847 72 
 
 Temporary Loans 700,000 00 
 
 Trust Deposits 329,940 03 
 
 liailway Company Deposits to meet guaranteed interest on 
 
 bonds 33,072 12 
 
 Outstanding Warrants 87,476 18 
 
 Kuilway raoiK^y subsidies authorized but not 
 
 yet earned $ 333,695 50 
 
 Railway hmd subsidies converted into money 
 subsidies at 52} cents per acre, authorized 
 
 but not yet earned 482,248 17 
 
 816,943 07 
 
 Loss on Exchange Bank deposit 25,218 75 
 
 Qui'bec Court House bonds 200,000 00 
 
 $37,320,504 47 
 
— 32 
 
 AHKETS. 
 
 Part of price of Q. M. t). & O. 
 
 Ry., dei)0.sited in Banks. $ J^fj^.^iiO 00 
 Part ol price, ol Q. M. O. iS: O. 
 
 liy., invt'stt'd in S-J!»,000 
 
 Provinieoi'QiU'bt'i' bonds, 
 
 loan ol" 1878 bouL'"ht at 
 
 10.»o/o .•il,610 00 
 
 Part of price, of Q. M. O. iSc O. 
 
 Ry., invested in (Juebec 
 
 Court House bonds 200,000 00 
 
 Part of price, of Q. M.O. cSt O. 
 
 Uy., invested in City of 
 
 Quebec bonds 15.000 00 
 
 Balance of i)rice Q. M. O. iV O. 
 
 Ry., unpaid 7.000,000 00 
 
 7,000.000 00 
 
 Province of Quebec 3o/o Inscribed 8lock 31,747 9') 
 
 Railway uraut under Dominion Act 47 Vic., 
 
 Cai) 8 2,3H4,000 00 
 
 Cash in Banks L'01,970 05 
 
 Cost of Jacques Cartier Normal School, Mont- 
 real, to be repaiil from sale of property.. 5,391 11 
 
 Claim in re late Hon. Thomas McGrreevy 100,000 00 
 
 Advances to various parties 161,832 89 
 
 Quebec Court House tax, under 45 Vict., Cap. 
 
 26 and 48 Vict., Cap. IG 200,000 00 
 
 $10,694,942 00 
 
 Exi;ess of Liabilities over assets at 30 June, 1899 $20,625,562 47 
 
 A comparison of the foregoing statement with the statement of liabil- 
 ities and assets at 30th June 1898 will show that the following changes 
 have been made by the payments and receipts during the year : 
 Excess of liabilities over assets. 3iUh June, 1898 $ 25,830,523 57 
 
— 33 — 
 
 INCBBASE Of LIABILITIES : 
 
 Funded debt by conversion t 916,280 80 
 
 Decurask of li.vhii^itiek : 
 
 Trust Funds I 4,057 04 
 
 Funded debt by redemption... 70,274 67 
 
 Railway gnarant*«H dcpOKilri... 99,630 .S7 
 
 Railway subsidies 109,739 17 
 
 Outstanding "Warrants 104,103 18 
 
 387,865 33 
 
 527,415 53 
 
 I 26,357,939 10 
 
 Increase of assets . 
 
 3 per cent inscribed stock sinking fund $ 21,070 17 
 
 Decrease of assets : 
 
 Cash on hand $ 288,693 54 
 
 I 267,628 37 
 
 Excess of liabilities over assets, 80th June, 1899 $26,025,562 47 
 
 Excess oi liabilities, June 30th, 1898 $25,880,523 57 
 
 do do do do lti99 26,625,562 47 
 
 Increase of excess of liabilities $ 795,038 90 
 
 Increase of capital of funded debt by conversici 915,280 86 
 
 Decrease of excess of liabilities apart fro:n capital of debt... $ 120,241 96 
 
 Accounted for as follows : 
 
 Surplus between ordinary re- 
 venue and ordinary ex- 
 penditure including re- 
 8 
 
— 8-t — 
 
 dt'inption of bonds ol' 
 1880 and purohrtso ol" in- 
 scribed Ktock for sinking- 
 fund $ 33,615 S3 
 
 Amount by which 
 the liubilily 
 for funded 
 ■debt has been 
 diminished. ..$ "0,274 67 
 
 Amount by which 
 the asset for 
 sinking fund 
 has been in- 
 creased 21,070 17 
 
 provided from ordinary 
 
 r.'Vi'Uue $ 91,;544 84 
 
 Railway subsidies hipsed by 
 
 short mileage 9,600 00 
 
 Ottawa District Court House 
 
 Fund, cash receipt 268 S3 
 
 Less Public Works & Build- 
 ings, extraordinary pay- 
 ments $ 11,059 11 
 
 Ottawa District Court House 
 Fund, payment to City of 
 Hull under 60 Vic, Cap. 7. 3,582 93 
 
 134,884 00 
 
 $ 14,642 04 
 $ 120,241 96 
 
 FUNDED DEBT. 
 
 At the 80th June, 18'J8, the funded debt outstanding was... $34,283,841 53 
 At the 30th June, 1899, it amounted to 35,128.847 72 
 
 Increase of funded debt during 1898-99 § 845,006 19 
 
— 85 — 
 
 Accounted Tor as follows : 
 
 8 per cent insc^ribed stock issued for conver- 
 sion of SS/.tfi 1,743 '.r, 84,>^77,024 8;} 
 
 Less : 
 
 Bonds of till" loan of 18K)| 
 
 redeemed •■$ 70.274 07 
 
 Bonds of various loans 
 redeemtnl in conver- 
 sion of debt 3,961.748 07 
 
 4.032.O1S (14 
 
 s 84:j,0utj U» 
 
 There has been invested durinG: the year for the sinking fund the sum 
 of $21,070 17 bringing the sinking fund invested up to the amount o^ 
 ),02o,747.95 ; leavintr the net amount of the funded d.'bt !?2o,10:!,<M)0 77' 
 
 FLOATINCr DEBT. 
 
 At the 30th June, lH9i», the lloating debt consisted of: 
 
 Temporary loans $ 700,000 00 
 
 Tru^t depo.sits 329,940 08 
 
 Railway Companies Ouarantee Deposits 33,072 12 
 
 Outstauding warrants 87,476 18 
 
 Kailway subsidies granted but not earned 815,943 G7 
 
 Loss on Exchange Bank deposit 25,218 75 
 
 Making a total of $1, 991,050 76 
 
 Against which we have : 
 
 Ca.sh in banks $201,970 05 
 
 Claims for loans and advtinces against indivi- 
 duals and corporations amounting to 267,224 00 
 
 409,194 05 
 
 Leaving the balance of floating djl)t $1,522,402 70 
 
 Constituting a decrease of $18,897.12 ett'eoted duri.ng the year. 
 
— 36 — 
 
 CONVERSION OF DEBT, UNDER 60 VICTORIA, CHAPTER 2. 
 
 During the currency of the fiscal year 1898-99, the Bank of Montreal, 
 in the termt; ol the contract approved by Order in Council of the 17th 
 April, 1897, converted the following bonds of the Province; 
 
 Loan of 1874 • 8 847,773 33 
 
 do 1876 889,626 66 
 
 do 1878 158,000 00 
 
 do 1880 835,217 33 
 
 do 1882, Quebec 13,000 00 
 
 do 1882, London 644,346 66 
 
 do 1888 289,080 00 
 
 do 1894, Loudon 284,699 99 
 
 .*? 3,961,^43 97 
 
 The premium paid on these bonds 
 
 amounted to 427,578 33 
 
 S4,S89,322 30 
 The discount on Inscribed Stock issued amounted 
 
 to 487,702 53 
 
 Amount of 3 per cent Inscribed Stock issued $ 4,877,024 83 
 
 The principal of the debt was therefore increased by conversion dur- 
 ing the year by the sum of S'915,280,86. 
 
 The total amount converted to 80th June, 1899, is $7,333,297 31 
 For which has been issued 3 ])er cent Inscribed 
 
 Stockier 9,048,725 03 
 
 Increase of principal of Debt by Conversion §1,715,427 72 
 
- 37 — .. 
 
 The annual interest on the S7,333,29T.3i of con- 
 verted bonds was $ 328,414 74 
 
 The annual interest on 89,048,725 03 
 
 of In.scribed Stock is ;?27 1,461 75 
 
 The annual Sinking Fund required 
 to redeem 81,715.427.72 increase 
 of principal of debt in 40 years is 22,750 65 
 
 $ 294,212 40 
 
 Annual saving by Conversion until the date when 
 
 the original bonds commence to mature 8 34,202 34 
 
 Against the annual savings is to be put the commutation of stamp 
 duties on the $9,048,725.03 amounting to 856,653.47. 
 
 The contract executed between my predecessor and the Bank of 
 Montreal for the conversion of the debt which was entered into in April 
 1897 expired on the 1st May 1899. Prior to its expiration the bank otiered 
 to continue the conversion on the same terms, but the Government did not 
 find these terms satisfactory in present circumstances, and the contract 
 terminated. An arrangement was concluded under authority of an Order 
 in Council of the 30th June, 1899 with the bank to take charge of the 
 conversion for the Province at a commis.sion of one-half of one per cent. 
 on the nominal value of bonds converted ; the Province to pay all expenses 
 and brokerages whic^li would probably bo about three-eighths of one per 
 cent. 
 
 The price for our three per cent. Inscribed Stock was advanced from 
 90 to 95 per cent. ; but, owing to the depres.sion that has taken place in 
 the money market, there have been no transactions so far, and the Govern- 
 ment will await more favourable opportunities to authorize any further 
 conversion. 
 
 The Government are still of the opinion that in view of the proximate 
 maturity of the loans of 1874, 187') and 1878, and of the fact that the sink- 
 ing funds for their redemption will become payal)le to this Government at 
 the same time, it is not in the interest of the Province to convert them 
 
~ 38 
 
 into securitios inatuiiiiiT in -'iS years, thus necessitating the reinvestment 
 of the sinking funds which j^robably could not be safely done so as 
 to yield a rate of interest as liia-li as we would be paying- for our Inscribed 
 Stock. 
 
 Tin' correspondence on the subject will be sul)mitted to the House. 
 
 ARBITRATION. 
 
 INCKFASKl) AX.NUITIES TO INDIANS OF LAKKS SUrEKIOR AND HURON. 
 
 In my riudget Speech last year I gave a full history of this claim of 
 the liomiaion (lovernment on the part of the Indians against the Provinces 
 of Ontario and Quebec jointly and staled that, at that time, it only remained 
 tn (li'ti'vuiine the amount of the joint lia]>ility of the two Provinces under 
 the judgment of the Supreme Court and the awards of the arbitrators. 
 
 This has now been done and the total amount of these annitities to 
 which th(> Indians are entitled for dili'erent years siiu'e the date of the 
 Kol)inson treaties in l^'r)0, up to the 131st December 1H0"2, has been fixed 
 at !?1 13.000. the last date being the date to which the accounts have been 
 made up for submission lo the arbitrators. 
 
 There r.'mained, however, the liability of the Provinces for the in- 
 creased annuities since the ^'Ist December, 1892, and for all future time so- 
 long as the tril)es exist, with the probability of their numbers increasing- 
 instead of diminishing. Under these circumstances it was proposed by 
 the Dominion that a probable annual amount to which the Indians would 
 be entitled should be lixed on, and that sum capitalized and charged to the 
 joint account of the Provinces as at the 31st December, 1892 ; the Provinces 
 to b? thereby relieved from any liability in respect of these annuities from 
 and after that date. After some negotiation it was decided to fix the 
 annual .sum at SS,200 and to capitaliz(» it at four per cent. The amount 
 therefore, to be charii'ed against the joint account of the two Provinces at 
 the 31st December 1892, lor such capitalization, is $205,000 which, added 
 to the ^113,000 of arrears, makes a total of #318,000. But, as the award 
 decides that the annuities which were paid by the Dominion to the In- 
 
~ 39 — 
 
 diaiis auimally after 1873 are to be carried into the aecomit at the dates 
 when paid and as the account bears interest at live per cent, the total 
 amount of the joint liability, includin<? interest up to to ;31sl December, 
 1892, would be $347,800, or with interest to 31st Deci-nibcr 1891), 8459,100 
 As Quebec's proportion of any joint liability of the two Provinces is ap- 
 proximately four-ninths, it follows that, instead of our liability being about 
 80.000, which it would have been under the first ecjuitable award of the 
 arbitrators, we are burdened, under the judirinents of the Supreme Court 
 and the Privy Council, on technical points of law, with an amount equal 
 ;it the present lime to over !52U0,0O0. 
 
 OOMMON 8CII00L FUND. 
 
 In tlii'^ matter the majority of the Board of Arbitrators, by their award 
 of the 22nd March, 18!t9. ordered that the income of the Common School 
 Fund be divided l)ctwecn the Provinces of Ontario and Quebec, in the 
 manner and j)roi)ortions determined and provide I tor in the award of the 
 3rd Seplembor. 1870. This means that the interest on the principal of 
 this fund, in the hands of the Dominion or elsewhere, is to he divided be- 
 tween Ontario and Quelx'c, in proportion to their respective populations at 
 each last deoeni)ial census. 
 
 In my la^t Budget Speech I explained the nature of the claim of Que- 
 bec against Ontario for certain remissions made by the (Jovernment of the 
 latter Province to the purchasers of Common S 'hool lands respecting 
 which the award of the 0th March, 1896, ordered that all such remissions 
 should be treated as monies reccjived by Ontario on account of the Common 
 School Fund, unless it were shown by that Province that th« remissions 
 were made in a fair and prudent admini.strAtion of the lanus and fund. 
 
 The boar<l met, on the 21st March, to hear from Ontario any evidence 
 they could addui'e to show that these romi.'jiiions, or any of them, were 
 made in a fair and prudent administration of the lands and fund. 
 
 Ontario did not attempt to produce evidence on the individual merits 
 of each case of remission, but endeavored to shew that the policy which 
 was adop'ed by the Government of Ontario in 1872 of a general reduction 
 in price and interest to the settlers or owners of these school landii, the 
 
— 40 — 
 
 greater part of whiirh had been sold some twenty years before, but on which 
 there remained balances of principal and interest unpaid, was justified by 
 the condition of the country and of the settlers and by the value of the 
 jajuls as estimated by certain inspectors, residents of the counties in which 
 the lands were situated at the time when the inspection was made, and 
 also by th*^ values of the same lands at the time when the original sales 
 were made, according to the opinion of these same inspectors. 
 
 It would take altogether too much time to go at length into the nature 
 of the evidence produced. Suffice it to say that over forty witnesses were 
 examined and cross-examined, whose evidence took up the five days of the 
 sitting in March and the two days sitting in April, and made over 600 
 pages of the reports of proceedings. 
 
 Although the counsel for Quebec were of opinion that no justification 
 for the remissions had been made by Ontario, in the terms of the award, it 
 was deemed prudent to obtain and produce evideuto both documentary 
 and oral to establish that neither the condition of the settlers uor the value 
 of the sold lands at the time when the poli<'y was adopted in 1872, or at 
 any .subsequent time, justified these remissions, which were practically a 
 gilt by the (Joverinnent of the day to the settlers, as is evidenced by the 
 act of tlie (hitavio Ix>L!'islati;re of 1872, which directed that these remissions 
 slioulil lie paid IVoni tjie ronsolidatt'd Fund of Ontario and should not 
 affect Quebec's interest in the fund. 
 
 We, theii.'iore. at a very considerable expense sent and procured (topics 
 ol'.he uutnicipal rolls of tlie towushii)s in which the lands were situated 
 for ilii' years in which the reduction had been nuide. These were produced at 
 the niei'lin'j' of the board in June as well as copies of sales of some of the very 
 proi)erties on which reductions had been made, and shewed conclusively 
 that the value of the properties was largely in excess of the debts due on 
 thcni. We also produced a number of witnesses who had been residents 
 of the townships in which the lands are situated at the time of the reduc- 
 tions, and who are still residents there, whose evidence proved that the 
 lands in cjuestion were the most valuable farming lands in the Province, 
 and that the settlers, excejit in very exceptional instances, were able to 
 pay the origiiud purchase price and interets in full without hardship. 
 
— 41 — 
 
 The arguments of couu el iu the case occupi«sd four days of a meeting 
 in July, and on the 21st October, 1899, the Board of Arbitrators (Sir John 
 Boyd dissenting) awarded and adjudged that, subject to correction by 
 accountants of any clerical errors, Ontario should be debited with various 
 sums amounting altogether to i$28t5,03l.4;J and credited with the sum of 
 $8,807.24, part of a claim made for refunds subject to the same correction. 
 
 This award was made under the authority of the statutes of the 
 Dominion, Ontario and Quebec, which established this arbitration, not 
 according to strict rules of law, but upon equitable principles, and Quebec 
 considered that all that remained to do was to have the items veriiiod by 
 accountants and the amounts carried into the account. 
 
 On the 8th November, however, our counsel received notice that 
 Ontario would make application to the arbitrators that they set forth thei- 
 view or views of the disputed questions of law arising on the matters in 
 respect of which their award of the 2l3t October had been made. 
 
 This applii'atioii, which was amended to include the award of the 0th 
 Man h 1890, if granted, would give Ontario the right to appeal from the 
 awards to tlie Supreme Court. 
 
 The ani)lit'atioii was heard at a sitting of the board held for that pur- 
 pos(> at Montreal on the 11th Xoveinber. and the majority of the board 
 reported that in re.~pect of the awards of iUh March 189('), and 21st October 
 1899, they did not proceed on their views of a disputed (jucstion of law. 
 
 This was virtually a ri'fu>ial of Ontario's application for the riglit to 
 appeal, and we again thought that we > ould proceed to a statement of the 
 accounts, hut, on ihe 9th December, at Toronto. Sir Jolm Boyd, one of the 
 ar]»itrators, professing to act under section 44 of the Supreme and lilxche- 
 quer Courts Act, on the application of Ontario, certilied that a certain 
 printed document, prepared by Ontario, was the case settled by him in an 
 appeal to the Supreme Court in the case of Quebec's claim against Ontario 
 for reuiissions, etc., on which tht^ arbitrators' awards had b.'en made. 
 
 Our counsel declined to appear before Sir John Boyd, b^'inn' of opijiion 
 that sei--tion 44 of tlie Supreme and Exchequer Courts Act hail no authority 
 
42 — 
 
 in this arbitration, which is governed by s;-"? ial statutes of the Dominion, 
 Ontario and Quebec, but served the ibilowinu notice on each of the Arl)i- 
 trator^ on the Tth DiTcmber. 
 
 '■ To the llononihle the Arbitrators in this matter aw/ each of them. 
 
 " (^Mu'lii'r her.-by dc^'lares that it respe tfully objci;ts to any ai)p 'al 
 " b.'inL;' allowed at ihe instani-e of Ontario au-ainst the awards in this malter 
 '■ olth.' (Jth March, 18 MJ. and :21st October, 18!t:i, or either of tiieni. ami to 
 '• any >i)c i.il case beinsi-. settled l)y the honorable arbitrators or any of llicm. 
 " inasmurh as Quebvc alleu'es inier alia, ihat no right of appeal and no rii^'ht 
 '■ In liavr such spi'cial case settled exists as regar !s said awards or either of 
 '' ilicm. under the t'rms ol' the s nd awanl and the law and statutes tioveru- 
 " inu' the sanii', ami that the said honorable arbitrators, or any of them. 
 *' have no jiower (jr jurisdiction to irrant said api)eal or settle said ca-e." 
 
 N. W. TRKNIIOLME. 
 
 Of Coiansel for Quel)ec. 
 
 Should I he Supreme Court allow Ont.irio to b > heard in appeal, which 
 (lur lounsel think is nol likely, w shall be put to the e.^vpen-^i^ of defend- 
 inu' the awards, and the settlement of the accounts will aiiain b' delayed. 
 
 I regret to say that the expenses entailed on us durinu' the i)asl year 
 ha\ e l)i>.'ii V 'ry h"avy in order to d'f.Mulilu' Provinci; IVoin what I must 
 consi<ler an attempt to deprive Quebec of her just share in this fund, in 
 view (if tlieevidi'iice jjroduced and in view of what was the original inti'ii- 
 tidu of Ontario in n>gMrd to tln'.se remissions as evidenced by the Act ol its 
 Legislature. 
 
 CONCLUSION, 
 
 Now. Mr. Speaker, it only remains for me to thank the House for the 
 ki.nd attention with whirh it has listened to the rather detailed statement 
 1 have deemed it my duty to give of our iinancial operations during the 
 twelve months eiidinu' on the 30th June last. 1 have entered into all 
 these details in order to thorough' explain our political situation to the 
 members by showing them the work we have accomplished, the obstacles 
 
— 43 — 
 
 in the way of its perform;) nee ami the resiilt we have achieved. This result 
 has not been obtained without difheulties, because the linancinl situation 
 of this province was compromised to such an extent at the outset of our 
 administration, tliat a radical chani^e had to be eftected in the method 
 hitherto followed in the administration of our publii- atl'airs. 
 
 Before iioino,' out of power, our predecessors while doiuu' away with 
 sources of revenue to the amount of 8300,000.00 liad increased the public 
 expenditure for the future by nearly 8200,000.00 ; had left a yearly deficit to 
 l>e pi'ovided for of nearly a million aiul liabilities that 'had been increased 
 by ^2,709,(500.00 during the last twelve mouths of their administration. 
 Still, we had vuulertaken to do away with the delicit l)y lia\ ing' recourse 
 solely to the existing sources of revenue and without iuipo.>iiiL;' fresh taxes 
 on the people. I have just shown the House that, after two years' ellbrts 
 we have been able to attain that result. To do so we had to arrange 
 not only that the ordinary ex[>enditure should not exceed the yearly re- 
 ceipts, but we had afso to redu *e the total expenditure, both ordinary and 
 extraordinary, to the level of such receipts. This we have done as the 
 Public Accounts i)rove. 
 
 The former deficits are this year n>i)laciHl, as I have just shown, by an 
 excess of $33, Glo 00 in receipts over ordinary expenditure, of 822, •'>")(). 00 over 
 both ordinary and extriiordiiuxry expenditure. The public debt has more- 
 over been reduced out of the revenues of the year by 8120,2-10.00 and all 
 this without imposing fresh taxes. 
 
 The task to which my colleagues and myself had i)ledged ourselves 
 duriuii' the last electoral campaign, is therefore accomplished. 
 
 But it is not sullicient that this so greatly desired eciuilibrium be 
 restored ; it must be maintained and, to that end, we must unavoidably 
 continue to administer public ailairs with economy by carefully watching 
 the collection of revenue and by limiting the expenditure to what is strictly 
 necessary without, however, injuriously alFccting works of great utility to 
 the progress of the Province. 
 
 The task is an arduous and an unpleasant one. It is not of a nature to 
 satisfy those who care but little for our national future and whose thoughts 
 
— 44 — 
 
 do not extend beyond their personal interest. There are even some men in 
 perfectly good faith and animated by the purest disinterestedness with 
 reference to what concerns them individually, who, accustomed to the pro- 
 digality of the past, are not alive to the danger that would threaten our 
 future were we to once more enter upon the path of extravagance. The credit 
 of our Province and the safety of our autonomy are at stake. 
 
 Fresh iiiants exceeding the amount of our yearly surplus would 
 necessitate fresh loans, the interest and charges on which could be met 
 only by means of a special tax. We cannot adopt such a policy until 
 pu])lic opinion, which has so strongly pronounced itself in favor of a con- 
 trary policy, formally commands us to do so But this does not mean that 
 the progress of our province will be checked. It is advancing day by day 
 in a very manifest manuer through the development of our natural re- 
 sources, and I am firmly convinced that the rapid and considerable increase 
 in the annual revenues which the public treasury will soon derive from 
 them, will place the Government in a position to materially aid all useful 
 undertakings by means of yearly grants taken, under normal conditions, 
 from the surplus of each year. 
 
 Su(;h is the great and patriotic work we wish to perform, and we rely 
 upon the intelligence and devoteduess of the members to second our efforts. 
 
— 46 — 
 
 STATEMEyr A. 
 
 Year. Payments. Receipts. Deficit. Surplus. 
 
 1S9G-97... S4,907,-J81.71 83,92:^,238.70 $',)S-l,043.0l 
 
 1897-98... 4,449,04n,48 ,4,230,015.14 213,030.34 
 
 1898-99... 4,234,410.81 4,249,589.99 $15,179.18 
 
- 46 - 
 
 STATEMEXT B. 
 
 lS{Hi-V7. 
 
 PAYMENTS : 
 
 Ordinary Plx])enditiiri! (incliulinj,' 884,080 fur Bonds of Loan 
 
 18H(I, riMlcienu'd) 84,077,09.1 L'O 
 
 Kxtruordiuiiry Ex|ic'iiditure (I'lililic liuildinj^s) 170,83- 28 
 
 riiielianc of Vnipcrty 30,00't 00 
 
 Tiiyinents on Trust i-'iiiids 14,999 01 
 
 Tax on Kailway Suhsidiea : 
 
 Costs of Collection S 41:117 
 
 Kefnnds of Taxes Collocted 7,942 05 
 
 8,3.",- •_'20 
 
 UKCEIPTS : 84,907,281 71 
 
 Ordinary Kevcnue 3,874,803 18. 
 
 Sale of property 2,500 00 
 
 Trust Fund Deposits 45,772 48 
 
 Tax on Railway Subsidies. 103 04 
 
 48,435 52 
 3,923,238 70 
 
 Deficit 8984,043 01 
 
 1SU7-US. 
 
 PAYMENTS 
 
 Ordinary exi)enditure (including 887,307 99 for Bonds of 
 
 Loan ot 1880 redeenu'd)...! 84,304,086 68 
 
 Extraordinary expenditure (Public Duildings) 50,083 70 
 
 Payments on Trust Funds 33,075 10 
 
 $4,449,045 48 
 
 RECEIPTS 
 
 Ordinary Revenue 4,176,139 63 
 
 Tru.st Fund Dejiosits 58,358 79 
 
 Tax on Railway Subsidies. 1,516 72 
 
 59,875 51 
 4,236,015 14 
 
 Deficit S 213,030 34 
 
— 47 — 
 
 ISftS-UU. 
 
 PAYMENTS : 
 
 Ordinary Ex|ii'n(litiirc (incliuliiij,' )j*7l),'i74.(j7 for Pxiiids of 
 
 18«((, reilc.-iac-a) 84,188,(;n lU 
 
 Extraordinary ExiRMiditurt! (rnblic l?iiililin_«{s) ll,0.')l) 11 
 
 I'liynicnts on Trust Kiiiiil.s ;.i3,:'iS7 60 
 
 Tiix on Jlailway Siil)aidies — Ui'liini l,:!!';! 00 
 
 KECEIPTS: S4,L'o4,4U) 81 
 
 Ordiniiry Revcnuf 4,2'_'0,844 7.". 
 
 Trust Fund Deposits 2r>,01() r,(i 
 
 Tax on Railway Subsidii's. -!,7;''4 7n 
 
 28,74r. 'jr. 
 4,L'49,r.89 WJ 
 
 Surplus S 1"«,179 18 
 
ST.ITi:.MK\T C. 
 
 HKCKIl'IS 
 
 1H04-M 
 
 1H95 96 
 
 1896 97 
 
 1897 9!i 
 
 Ihiminioii of Cuiiailn 
 
 ( Town Lamirt 
 
 I.iiikIh, ForuHtH ami FislivrluA 
 
 MiiioH 
 
 \a\w SliimpM 
 
 K(rj<ii*lriilioti SlampH 
 
 Huililiii^ iiiid Jury Furiil 
 
 \mW Fo|!H 
 
 Muiiiciii.ililics for tii liiiUuiiiiicn of (MiKonurB 
 
 Moiilroiil (.'oiirt llousu 
 
 MoiitriNil (iHol 
 
 <;«ol (limrdH, Montro.il arwl l^iuflie.t 
 
 rriHoiifift' I'liriiings, (/iii'lioc (laol.. 
 
 do do 'IVrrtdpoiiiiu do . . 
 
 do do Slo. iS< holaHliqno <lo , . 
 
 fJaol Farm, (/iiclxic 
 
 FilH!M, .IllMtil !• 
 
 Hif^li CoiiMahhrs fees, (.Juol'eo 
 
 Lie 
 
 Uirt'cl TaxeH on Coinnioi iHiil Corporutiotif . 
 
 Tax on IransfiTs of pro|i(;rty 
 
 l)irtM;l Taxiis on cTlain |.t!i -ons 
 
 MaMufuclurjiig and Tra'lint^ liiieimeM 
 
 Duti » on SniMtcHsions 
 
 Percentage on ffi'.s of I'lildic Olfit'orn 
 
 riircentage on renewals (.f Mortgages 
 
 Legislation 
 
 Lunatic Asylums, MmiicipHl Coir riljiil ions 
 
 do I'iiyiiii,' J'atieiits 
 
 K>!forini\t<iry and Indusliial Sdiools 
 
 (Jnrh,,- Ojl!n,i/ )lii7.,'ll,' 
 
 Caoual Kovennc • • 
 
 Civil iSorvioe Contributinns for Pensions 
 
 Provincial Insiiraixc Companies, towards expenses of in.<j)eotion . 
 
 .'277,7!«l M 
 N(i»i,0:K 10 
 
 lH7,."tU HO 
 
 «4,o:)4 0_' 
 
 ■>l,.')7!t •.'(» 
 
 I'J,I(>(> H\ 
 
 <t,;ii-2 0.-) 
 :!,:».">:{ •^s 
 
 4,.V.o 17 
 
 >J,400 00 
 
 lii-j i.-i 
 
 'JO (M) 
 
 ISO 40 
 
 oil VI 
 
 (10r.,!llH 7H 
 
 i(io,7")ti It; 
 
 1H,-),H70 70 
 
 17,0.">!l -JO 
 
 I i I. !»;<•_> <M> 
 
 Hi2,.'>:<r. no 
 
 7,:m 7!i 
 
 :<(»7 7it 
 
 6,0()M ,-)!! 
 
 •21,ti!l7 IM 
 
 ir.i 1,-, 
 
 "i,(iSH ol 
 
 'ji,sr) 47 
 
 () 114 Oi 
 
 (i,(i77 li.'i 
 
 429 I a 
 
 I MM IN) 
 
 l,2.'tl,7!H .-)!• 
 
 i,o4r.,:tio i<» 
 
 l,'_':.7,ls.S 70 
 H7!t,«!t;< •-'(> 
 
 1,'J(M!,413 4« I, .1*20. 137 28 
 
 ISli •_'7H oO 
 
 (ii,;as .-.I 
 
 L>.'{,H2S 40 
 
 i4,:tJo :i4 
 
 \\:.v>:z m 
 
 4,:isi 04 
 
 •_' ;»74 oO 
 
 i;<.tioo 00 
 
 42 01 
 
 10 (H) 
 
 147 ">o 
 4i:< 41 
 
 (l(i:t,0S7 40 
 
 l4H,ti4;< S() 
 
 IH4,2o4 .".0 
 
 1 7,. ".07 07 
 
 7'.t,72H ,-)2 
 
 lti:i,:<ti.". :w 
 
 «,I2.i t>7 
 
 l(i.". 44 
 
 11,401 .-.I 
 
 :(."), oori m 
 7s 00 
 
 I2,:<(i(i 70 
 
 2.S,1H2 (>0 
 
 4,8SO So 
 
 O.OJH 77 
 
 400 OO 
 
 177,420 
 
 MO 
 
 M,S7.'« 
 
 iM» 
 
 27,r.tr. 
 
 h;j 
 
 0,(i-,4 
 
 :»H 
 
 I2,7.-.I 
 
 0(i 
 
 2,i.';< 
 
 H« 
 
 2,040 
 
 04 
 
 2,M(KI 
 
 00 
 
 140 
 
 7o 
 
 1,(W7,(M2 r.2 
 
 7,H72 07 
 
 IH2,4!M) 40 
 
 00,423 !».'» 
 
 2:i,4:t:« hi 
 
 10,r>42 'Hi 
 S,12l 18 
 
 r»,i.-.r. 70 
 
 l,,'i7H 02 
 
 4,00«l 00 
 
 Ithi m 
 
 13 )(0 
 
 240 tiO 
 
 .'■.40 20 
 
 r.H0,170 42 
 
 i;u,4o4 o:{ 
 
 74,H,-.(i !)0 
 
 :t,.''.(»7 74 
 
 lo,:ti»;i 77 
 
 220,441 72 
 
 0,071 h:< 
 
 10.S 04 
 
 8,;i(ti :t'.t 
 
 7,7o;i .V.I 
 
 i,(;:w )H 
 
 02:} 72 
 
 21.037 oH 
 
 7.. '.70 <'.2 
 
 r. 712 01 
 
 370 33 
 
 13H 
 
 083 
 
 lil.'),043 
 
 104,312 
 
 2,0.",.-. 
 
 1,.380 
 
 29,840 
 
 l(i3.4.V. 
 
 8 .V.0 
 
 128 
 
 8,780 
 
 03,-.44 
 
 2,127 
 
 30.380 
 
 20,0.58 
 
 8,121 
 
 .-.,.-.14 
 
 307 
 
 .'50 ; 
 10 
 
 83 
 
 .31. 
 
 Hi 
 
 18 
 
 74 
 
 20 
 
 07 
 
 10 
 
 12 
 
 03 
 
 8;-) 
 
 84 
 
 .-.."» 
 
 40 
 
 3.-. 
 
 SO 
 
 ,043, 
 
 4, 
 
 I!).-., 
 
 OH, 
 
 ,30, 
 
 14 
 
 0, 
 
 r>. 
 I 
 
 4 
 
 24.-. 
 12.-. 
 /)70 
 
 H.-.O 
 012 
 OHO 
 
 100 
 !'.38 
 208 
 (HIO 
 
 10!) 
 
 07 
 03 
 
 .M) 
 O.-i 
 13 
 70 
 43 
 00 
 8". 
 IKI 
 01 
 
 '2<)« .'50 
 
 .'^.30 !)8 
 
 013,747 00 
 
 172,020 04 
 
 277 10 
 
 (;80 43 
 
 7.347 04 
 
 287, 0!).- 
 
 .'■.,847 
 
 101) 
 
 0,340 
 
 44,: 
 
 2,140 01 
 
 10,077 44 
 
 18, -.44 oO 
 
 8 .307 44 
 
 ■'■.,322 72 
 
 429 :^5 
 
 1.3 
 09 
 70 
 13 
 06 
 
 
 I 
 
 Piddic Woi ii.s and Buildings, Rents 
 
 Ilaihvay Inspection Fees 
 
 Inleiest on Loans and Deposits 
 
 I'rciniiim, I )i..( dinit and ICxchange 
 
 Inlciest un prie.. of .sile, (^t M. (). & (). Ry. 
 
 I'efiinds ". 
 
 (,luel>ec File Loan 
 
 Dominion of (Janada, <ieneral Acount .... 
 
 .Salt's ot prnperlies in MouUcal .ind (,liu bei- 
 
 TKIST FINDS, RKl'ANMHNI'S, \c.:- 
 
 1,062 00 
 
 r.lo 00 
 
 2;i,on.-. 3s 
 
 3,010 .-{(i 
 
 1,003 60 
 
 402 00 
 
 I7,4;i7 7!) 
 
 20 (Ml 
 
 783 60 
 
 204 00 
 
 3.-.,.-..-.(i 71 
 
 2.141 I.- 
 
 l,Ot)0 00 
 
 72 (HI 
 
 40,4.-.2 20 
 
 2.010 7-. 
 
 .3(is,327 Oil :!:(:!,( i,-.7 os 200,30.-. 07 j ;{oo.,s.33 34 ! 
 
 24,I.SO :i8 , 21,807 SI , 
 
 220 (K) ; 20(1 (Id : 
 
 489 40 
 
 4,221,087 .84 
 100,. 340 28 
 
 244 70 
 
 4,:i27,0IO .-.,-. I 3,874,,803 18 
 2, .-.(1(1 00 
 
 .>,.|.>(I (Ml 
 
 202 ''2 
 
 l.-)8 03' 
 
 loo (Ml 
 
 286 00 
 
 l,-.84 (Ml 
 
 7,2ls (Ml 
 
 ;50(l (Ml 
 
 II(-paynieiil of Advaiiefs 
 
 'IVacliers Pension |."uiid 
 
 (^'ily of Hull Sinking; Fund 
 
 INpImIc .1 (Jatmcau Sinking I'und 
 
 Ci.un<.il of .\i;ricnUure 
 
 Heirs iiimI Fslale F. K. Hoy 
 
 -Maniage i.icen.'p.. Fund 
 
 .Seeniily Deposits I'lddic OlHn^rs. ... 
 
 Depo.iit, St. Lawri'iicL' Fire Ins. (Jo 
 
 A\lim'T- ('(Hill House Fiinil : 
 
 ReiniliUiseiMciil li.iilwiiy Subsidies Fund 
 
 l)epo.sils lui'ler .".0 \icl., cap. 34 
 
 do do 01 \^ict., e.ip. .'iO 
 
 Hull Court Hoii-;e Dclient uies Sinking FuikI 
 
 I'.nililiii'g and .liitv I'liiid District of Itiinouski ; Insiiianei 
 
 11..UM- ,11, It ( ;.i..l 
 
 1 1 lawa Disiijet ( 'dill t lluuse Siiikiiii.' I'"iind i I. 
 
 4,17(),I39 03 
 
 , /.so .-.7 
 hi.'i 40 
 l(Mi 00 
 
 3.1).-. 1 21 
 l()7 03 
 
 llMI (Ml 
 
 0.344 (is 
 
 .S,SO ,-.0 
 
 7,221 (Ml 
 
 I,. -.08 17 
 
 |(I,(MMI (Ml 
 
 .■!,2S.-> 02 
 
 SS4 .-.0 
 
 G,(i03 (HI 
 
 1,(11(1 (Ml 
 
 |.'>.(MMI (Ml 
 
 17,070 14 
 
 103 04 
 
 1.(122 70 
 173 84 
 KHI (Id 
 
 1,062 00 
 
 108 (Ml 
 
 18,,S47 .-.8 
 
 4,023 .S(i 
 
 .•f(M»,,S27 8.-. 
 
 4,220,844 73 
 
 049 4(1 
 170 (.4 
 140 00 
 
 S8() Id i 
 0,804 (Ml 
 .-.03 (Ml 
 
 111 Court. 
 
 I,.) 10 72 
 
 .-..(MM) (Ml 
 
 2.-.,(MMI (Ml 
 
 008 1.-, 
 
 I7,7S| (M) 
 
 800 .-Ml 
 
 (1,714 (Ml 
 
 0(MI (Ml 
 
 2,734 70 
 
 .-..(MMI (Ml 
 
 lil,(MMI HO 
 
 907 19 
 
 'i .iiiltoraiy 1, 0.1 lis 
 
 Proceeds i,i..in of IS!I4. (London) 
 
 do do (Paris) , 
 
 Redeiuplioii Loan ISilO. 1 1'efund) 
 
 Proceeds L. .an isoo 
 
 do 1897 ['. . 
 
 Proceeds of Inscribed Stock issued in conversion of Debt . 
 Cash on hand at 1st -liilv of each vear 
 
 4,.'U3.07I ().-. I 4,;r)S,S.-.S SI 3.<I23.2!S 7(1 "■ 4,'2;!t),(l|.-. 14 
 2, 40(1, (MM) 0(1 I ;!(MMMMI (Id 7(MI,(HMI (Ml 
 
 ,723 27 
 
 ! 4. l(Mi..'i!lj .-,2 
 
 -.40,7.32 00 
 
 7.30 1(1 
 2, 044, (MM) (M) 
 
 543,033 37 
 
 11,4,59,818 44 7,240,628 28 
 
 1,|-24,2(MI IN) 
 
 1,224, (MMI dO 
 
 3.(11.-.. S,->.'! so 
 
 784,799 49 
 
 10.772,0ft2 or. 
 
 738.070 28 
 1,391,428 60 
 
 6,306, 120 07 
 
 203 83 
 4. -249,589 99 
 
 4,380,.322 30 
 490,003 -.9 
 
 9.1 '29,07.-. 88 
 
 
— 50 
 
 ST. in: mi: ST 
 
 i:.\i'i;Mi| n i;i 
 
 IK 
 
 1^^'' !.;, 
 
 ■Is'i:. lllr 
 
 1'mI.Ii. I). I.I 
 
 I.c'i;isl:il IKM 
 
 (/ivil < liiM.'l:.|ll'^i| 
 
 Ailtiiiiii>lr.ii l(Mi 111 .lii'iic' 
 
 I'lllllic lll^il III U'MI 
 
 Aiiiii iil'.inr I 
 
 ( \>\ 'IliZ II IMII .... 
 
 Illllllil.'l:ll Hill I 
 
 I'lilihi' W.iiks iml llnilii 
 iiiL'- : 
 OnliH.irv 
 
 I'A' rinl llllll V 
 
 A--_\ iiilli- .ii,il I liil It ir- , . . 
 i.,iii'l-. I'.iii-i^.V l''i-l,i li''- 
 Siir\r\ - jiifil MiiiT'- , . 
 
 Mi'ii-l ll.ilH lills I ' :.. lu lloi; I 
 
 |) lyiiniii ■ li\ K'\ ' nil 
 ulti. "r- .lilt ..| . u,|.' I 
 inn I 
 
 i.iMioii'i 111.' I. r.C r_'!i :i:i 
 
 l:is,-,.i;i ."iii; l!C...-ii!i •.;: 
 
 •-'.■il.-J.'ili ."ii: -J."!.'!.-!!!! ii!l 
 
 tills M-JT -J'.lj .ills. ."i 1 1 ;.'s 
 
 .•N.'l.T-.'li i:i| .■tv.'.T'i'.l Tii 
 
 Ll'.lii.dlKi (i_' -J.^li s| I ii'.l 
 
 li'i,-.'.-iT :,-: \\-.:.\\ ni 
 
 I.VJ.llHI III ."i^, l.s.i .'Ii 
 
 ;i'J.'i i'!7 :.'.■> :i-_'ii,ii7'^ •-'•1 
 
 IS'JCi !t7 
 
 
 |Si)7 !)8 
 
 IS08 00 
 
 :J 1- 
 
 Ki 
 
 •■? 0. 
 
 ■S c. 
 
 l,.')nll,,S74 
 
 1,. -.01, 177 o:i 
 
 l,5r.8,.S-2.'} 03 
 
 •.'ss. ()•_>:' 
 
 41 
 
 •Ji(t,910 10 
 
 UH).0L>7 '2-2 
 
 •i77.i.'r, 
 
 !)| 
 
 •-'S'i.ris.") OS 
 
 ■j(io,(;r.o 70 
 
 liiij (in.'i 
 
 "" 
 
 (iis.:!7o (ir. 
 
 1)00.131 09 
 
 1 iii.iitiii 
 
 III! 
 
 i:!i,-J(iii (10 
 
 NSOOU 81 
 1 I7").I18 •_>(! 
 
 llll.li!!."! 
 
 (•1 
 
 ::^t7.i7ii 07 
 
 ' 70,<HH) (HI 
 1 l.'i.W (Ml 
 
 l(i."i,7s;; 
 
 7ii 
 
 lJ7.i>i". 7:i 
 
 S,S,0(i8 OS 
 
 I7ii,s.'ij 
 
 ■_'s 
 
 :io,(i,H:i 70 
 
 ll,O.~>0,ll 
 
 :us,Cii(i 
 
 I 1 
 
 :t:;o,:)7i"» 7r> 
 
 370, .">70 7.-. 
 I21,:)(1S 41 
 r.7,24.S 00 
 
 ;oii 77- ^1 i:;::,ii!i!i iiii ."i."is„v_'7 117' i."i:i,o:!s -js 
 
 271,474 8r» 
 
 I'llll ll i-i' !■! IM 11] I'll t . . . 
 
 r!r|iii\ iihi'i li' 11! \,i\ ' 1 11 
 
 IMIlll-i' |l.||ii-ll •. 
 
 Allv.lM'i'-^ 
 
 Tr^ist :'iiih1- 
 
 Koiiiili n>ciii.'ii' II iiIm iiv j 
 
 Sip.lilii'-- !■' I. Co i.-i'iti 
 
 ('iilliTi iiiii .mil Id liind" ' 
 
 I. l'l."i.7-'7 i ! , I,'i!i'.i.7ii7 III! 
 
 •Jiiii, •_'_':; III 'jii>;,'_'i I :io 
 ;iii.."i."i(i nil 
 I7,.'i'.ni 2i; 17. 1.'i'.i o-j 
 
 ■2.7 12 Cii: 211. SOI II 
 
 i,.")iMi.ii:!;', ;;i 1 ii.'i.Liils .vj 
 
 Kailwav Sill, -nil,- .111.1 
 <,l. .\r. II \ II. i;.i:lv..i,\ .. s.V|,.-,|!l.li-_' -.'."ii I, I s(i .V.l 
 
 ."i.:;iii.l."i:i -j;; i.tiii.'i, t.Vi 1 1 
 
 'rclll|)iilMI\ Luillw li'ji.ll'l, . I ."illll llllll Ml 1.7(ilMII|l| nil 
 
 llfilclll|iliiili nt liil.t : 
 
 l.i.iiii 111 i.Hii;! i.MHi, nil nil' 
 
 Vart I'i' ilii |S(' I \' |iri 111. 
 
 .Ill .1.1 |.s7ii ,|,, ; 
 
 .1.1 .1.1 IN7S .1.1 
 
 .Id .1.1 ISNII ilii 
 
 .In ,1.1 ISs-J ill. 
 
 .1.1 .in ISSS iln 
 
 .1.1 .III IV.M il.i 
 
 Hi. .In IS'ili .In 
 
 I S.-,:!.!in7 .(S 
 
 .'lii.nnii nil 
 
 :n|,|s7 lij 
 
 I l.ii'.i:) nj 
 
 s,:<.-i.-) ■_>•_> 
 
 ."i.2ss. iDii :;:! 
 
 l.nn; I7.'i III 
 
 (i.'inl.oii .11 
 
 i,nr..:{7o :«! 4,100,700 21 
 
 2:17.^7 1 sii oo,():w 37 
 
 :;:i.i>7."i 1(1 ;«.:iM7 tio 
 I 
 I 
 -I i,;{2;{ 00 
 
 i,iis(i,.-ii7 :u 4,;rM,o4i 18 
 
 I'.is.iii,-, II 100,(170 17 
 
 »,8S.".,l(i2 4S 4,i:!4,12(> :« 
 
 . I ln,!ii;7.(il I 2:1 (i.l-.C), l.Vi 1 1 
 -\iM : I'.is iiifiit lit' W'.iri'iiiil.^i 
 .iiit»l ni.liiii; ii' .'lOtli .Inn.'. 
 IMH. |s!i.".. IVMi. ISO:. 
 I^OS l.'iS.lilili SI. -.'IM). JO.") Otii 
 
 j ll,12(i.2s| o;! (i.(i.i4,0:il (i7i 
 
 Dcilllfl ; rn|)ii.| \\'.iriMiU>j i | 
 
 iill(~l.ili.Iii.j;,ii .'idlli .llllll'.' ' I 
 
 IS!Ci, ISO;-,, IS07. ISO.S. ' 
 
 ISOO. ,^ 2li!l.4'.l.". !ltl I7:!.I22 2s 
 
 lo.0IH,78.-i 07; t>,4(il,828 70I 
 
 .■i.(il."i.s,-,;; ,s(i 
 
 '.i,ii.'iii,7!is -Jn 
 
 1 7;!. 122 2N 
 
 0,82:1,020 48 
 
 44:i.2,")7 IIS 
 
 !»,;iso,(i(i:< 40; 
 
 .id.nis on Ol.-),42o 48 
 
 iil,704 so os|,4iiO 77 
 
 Iii:i.."is4 no 17S.401 2:i 
 
 2l.n7!" (14 Oi;f,:!7;} 08 
 
 .•!22.slO sn 771.470 SO 
 :il."),404 (HI 
 
 1(17. .'iio 71 ;(i:i.(i()i 9.5 
 
 .■).(12.1.s:iS 7() 8,S'J:1,442 fi.*) 
 
 4i:i.2.")7 OS 10 ,(i;w ;{(i 
 
 ii,0(i7,(»0.'i 81 0,01.-),.^82 01 
 
 ni.o.T.i :t() 87. 47(1 IS 
 
 .■>.S7r),4.5(» 48: «,0'i7,(io.-, ua 
 
51 
 
 ST.iTEMi:\T /;, 
 
 ESTIMATED RECEIPTS 1900-1901. 
 
 DSMINKlN or (' 
 
 Sul)sii|_v uihIci I!. X. A. .\.i f!!!l.-.!>,'J.V_' SI) 
 
 Jiitet-usi on Tiii-i l'"iiii'l- 7-.s>^ H 
 
 .Special SuliRiilv, 47 N'ict.. <li:,|i. ) 1:27, HiiMis 
 
 Ititi-rost oti Itailuay Sul.Maifs iimii-r t7 \"i( I., oli.ii). S 1 llt,7iKl l"' 
 
 iNTKIiKsr : 
 
 Inlerost 111! iniuL- ut >.ilc \i. M. () .'*; (). Kiilwaw 
 Iiitcrc.-r (iH l.ouiw aihl I lf|iii--it- 
 
 Lands, F(ii:Ksi> \ l''i^iii.i,ii 
 Minks 
 
 AUMlMMIi \lliiN 111 .TislH r. 
 
 Law .'>taiii|i>i 
 
 La«' Fi'i-s 
 
 iJiiiKliiii.' nii-l .liii'v l''imi!. Miicps^ r 
 
 MainU'iiiiui >• of I'lisc,!,!'! ^ 
 
 (i.iol (liiaiiis, Miiiiiii.il .ii:i| i^iiirlii'i- 
 
 FiiH's 
 
 Mi.iUi'ral < iaiil 
 
 CltliiT (!,iiils I'loiiiiwi-- raniiiii.'-^. 
 
 .Molllll'.ll <'ilUI ( Hdllsr 
 
 Hinli Cnll-lallll V l-'fl-:, l,lM.I|l-i- . . , 
 
 Regis'ral Ion .'^lani|i-^ I ill, IimIiml; !'■''■ "•^■il.ii !'■•' I!' ji--'. i ,.i>| .. - 
 
 Lici'llSCX. ll lloss |1'\ I'lilHI ... 
 
 Diri'rt 'I'a.M-^ on ( 'miiMii ro al I 'or|ioi;il ions. . . 
 
 Dutios on .Sll' ro^-ioll-- , . ... 
 
 Pori.'('ma;4i' o.i K.T- ot I'nliti,' (llliriT- 
 
 IVrft'lltinio im li'l|r\\ ,.|1 - ot' .\lol |;;a;.;i'K 
 
 Mainlciiaii' !• ot 111'- mi' . . ■ . 
 
 Mainli'iiaino of lniiiali'< ot Imlii -n lal .•,nil li.loiiiialor'V ^.l.ooN. 
 
 Li>gi;-latio'i . , , . . . 
 
 OHIi'ial t;a/ilti' 
 
 RonlK of I'nliln r.nij.lnii.'-', iVi' 
 
 Ca.siial lii'M'iiin' 
 
 I'l'oviniial lo-iii.iiii !■ ( 'oiii|iaiii''- (.'onl i ilnuion.-' 
 
 (."(iiil.riliiilioiir- lo l',n--ion-, ' iv il SiTvii-i- 
 
 I'cfiiiiuiii, 1 liMMunl ami Kxi'Iliii'^o 
 
 ;iiiii,iiiiii no 
 
 H' (MM) 11(1 
 
 i:i.'>.iiiMi III) 
 
 l."i.iiiiii (in 
 
 :!s.i.iM) on 
 
 In. mil) (11) 
 
 I . I I ii I I 11 I 
 
 ■jiin III) 
 
 l,."iiiii (i I 
 
 ■_'i. I III) 
 
 ."i.iii'ii 111) 
 
 riiin nil 
 
 1,-J7',),-Jlil Ml 
 
 :ili),ni)() 00 
 1,0!)(),000 00 
 
 l.-.,O00 00 
 
 KailHaV Siil.siilii.-- '|':i\ 
 
 •JTii.iilin no 
 7' I.I '110 fiO 
 
 o.'iii.oon ()0 
 
 17'". Ill") 00 
 •-'(i."i.i;iin 00 
 
 li.illlll do 
 
 ■jnn 00 
 
 .".o.i'iin no 
 
 L'.'.niii) 00 
 
 ■i.non no 
 •3). nun III) 
 I, I II II I ill) 
 7. (MM) on 
 4111) 00 
 ."|."II0 0(1 
 l.."iliii 00 
 
 l.Jli.).:iiil so 
 :tn.niiii nil 
 
 S 4.27fl.:mi 80 
 
ST.iTEME\T F. 
 
 ESTIMATED EXPENDITURE, I900-I Ol. 
 
 S els. 
 
 r.ii.iir i»,i,t i,;>49,49;! ii4 
 
 liOHislaliciii 
 
 Civil ( MiMTiuiiiiil 
 
 Adiiiiiiislriiiiiii lit .lu^li e, itc 
 
 I'lililic Irisl rih I ii.ii, fir 
 
 I'ulilic Wni K^' inil lliiililiiif;-< ( )i(liii;ii-y . 
 
 Agritniltiuf 
 
 [,aiiilx, Kiiri'si s \- Ki-liiM iiis 
 
 (.'oliiiiiziil iiiii \' Mint's, iVc 
 
 I.iirmtii Asvluiiis, Kct'oiiiialmics. i^c. 
 
 (^'tiai'ilii's 
 
 MiscelUiK'ous Sci viix's 
 
 1!W,S94 7(1 
 •-'79,70.S (M 
 
 .VJ'_',-_'tl(l IMI 
 4H7,II!)0 0<t 
 
 IS.'., no.') 71 
 
 1S9,1.")0 O'l 
 1*1,(100 (K) 
 
 i:is,'j.")ii uo 
 -i:u,0(io 00 
 
 44,.")7ii 7"> 
 149,9-_'.") OH 
 
 I'll I ill I Wnrl<^ anil liuiMiii',:-^ -Kxliaurilin.iiv . 
 
 4,-_'i:<,i.".H 14 
 
 ■J-J,*iO 00 
 
 R.<i1h,T\ SllllMllil'S. 
 
 4,'j;i.">,4."iS 14 
 
 .'!4!l,«7-_' .'lO 
 
 ■i!4,f.S,"),l;tO (U 
 
 Aciordiiiii' to ilic ;il)(>vt' ta])l('s. the prohablc rocfiiJts lor the 
 
 v.'ar lltnO-lOOl willbr .^4,270.80 SO 
 
 On the othiT hand. I ho cxpfiidii uii' i.s ostiinatt'd al 4,23 i,4r)8 16 
 
 Ht'iuLi' an t^xi('«<> ol' vi'ccipts ovi-r I'xpoiidituiv of. 
 
 §48,903 75 
 
53 — 
 
 STATEMENT (J. 
 
 Approximate statement of Liabilities and Assets of the Province of Quabec 
 
 at 30th June, 1890. 
 
 I.IAIUI.ITIK*;. 
 
 Kiinilud lli'ht oiitstamliiij,' as exisliiig l>t'fiiif cDiivuisioii §.'W,41H,4"20 (M) 
 
 Iii(.'ieas(' of capital liy con version 1,715,4"27 7- 
 
 :<5,1-.'H,R47 72 
 
 Tumimiaiy \.<nn> 7<K),I«K> (K) 
 
 Trusts Di'posiis :V29,046 OS 
 
 Uailvvay Comijaiiy jiiposits to meet guarantord intcrt'st on bonds ;i;?,(t72 l"i 
 
 Oulstan<lin,^' WarraiUs 87,476 IH 
 
 Railway money wulisidies awllinri/ed but not yet earned $333,6!).") .■)<! 
 
 Railway land subsidies eonvetted inlo money subsidies at .VJJ cents 
 
 l)er acre, authorized Ijut not yet earned 4K'2,'24S 17 
 
 Sir),!l43 67 
 
 F^oss on Kxchange ItanU deiiosit "i.'ii'JlS 75 
 
 (jHol)e<' Court House bonds -iOO.OOO (X) 
 
 ?37,320,5(t4 47 
 
 ASSKTS. 
 
 I'art (if price of (). M,(l. ,\:(». Ry., deposit ed in Ranks §3r)3,3'.til (III 
 
 do <lo invesleil in S'Jl), (Mill Pro- 
 
 vince of <,luebcc bonds, 
 loan of |S7S, boufilil .it 
 
 1(19; .'SI, till) (% 
 
 do d» invested in (((iiebecdourt 
 
 House bonds •2(1(1,1)11(1 IH) 
 
 do ilo investeil in City of 
 
 t^uebe.' bunds l.'),ll(KI (K) 
 
 lialante of price (,). M. ( ), .V: ( ). I!y,, unpaid 7,(M»U,(J()0 0(1 
 
 7,t>00,(KK» ()• 
 
 I'rovince of (,iucbci- 3", Iiisi ribcd Mock 31,747 9."i 
 
 h'ailway grant under Dominion Act 47 N'ii ., Cap. S '2,394, ((K) 00 
 
 Cash it) Hanks •iOl,970 Or» 
 
 Cost of .Tac(pies Uartier School, .Mont re.il. to l)e repaiil fiimi sale of 
 
 property .">,391 1 1 
 
 Claim III ir late Honble. 'I'liomas .McCi evy IIHI.IMHI (JO 
 
 Advances to various parties ltil,.S32 .S9 
 
 (Juel)ec Court Hoif-e tav, undei 4.'> \ic., dp. •_'(), ami 4S \"ic.,Ca|). Hi. 2(K),(HK) (Ml 
 
 I(J,H94,94'2 00 
 
 Kxcess of Liabilities ovei' .\>scts at ;!() .lune, |H9«» $2»l,B2."),r)()2 47