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. THURSDAY, APRIL 26, 1888.

nr

LT

VOL. 22.—NO. 129.

ye --_ _ ____ —

THE BUDCET.

ifon. Vir. Fergu-on’s Speech,

— ee

Hoy. Mr. Ferauson—I did not think that auything very much in the way of a re- jvinder was required from this side of the House, as | did not consider the Opposi- tiomhave offered any very strong objec- tioms to the course pursued by the Govern- meat. The Hon. Leader of the Opposition did not exhibit his usual clearness yf vigor, and all the objectiuns he (Mr. Y.) put forward tothe actions of the Gov- ernment have been answered time and again. It was amusing to hear the hon. gentleman again bring up the old matter of the teachers’ salaries due at the end of the year. The hon. member knew well that during the nine years the present adminis- tration have been reponsible for the goy- ernment of this Province, they have paid thirty-six full quarter salaries to teachers, and that in all that long period they have annually paid a great deal more than their predecessors, amvuunting last year to the very large sum of $45,000 in excess of what was paid for education when he (Mr. Y.) wasa member of the Government. The hon. gentleman must surely remember that the entire amount paid for education dur- ing the last year the late Government were in power was only $65,550, and that only three-quarters salaries were paid the teachers in that year. The hon. gentle- yuan, however, continues every year to bring up this matter of the amount due the teachers on the3lst December, so as to make ‘the people believe that the Government are going heavily in debt. The hon. gentleman urgues that because the late Government Lwere justly charged with the fourth quar- ter’s salary for the year 1878, which was unpaid, that the present Administration should be charged with five quarter’s sal- ary for one year. The supporters of the present Government, said then and say still that the accounts of year 1878 were mcom- plete as far as the payment of teachers’ sal- aries was concerned. Hon. members will remember that when the Education Act of the late Goverament was introduced, a system was adopted by which the teachers’ salaries should come due quarterly, viz: on the 3lst March, 30th June, 30th Sep- tember and 3lst December in each year. In 1877 the Davies Government placed an amount ‘in the Banks out of that year’s revenue to meet the amount coming due at the end of 1876. lf they had provided in 1878 for the payment of the teachers’s sal- aries coming due on the 3lst December, as they did in 1876, their indebtedness would have been that much greater, and hon. members can readily see that this deficit was rightly chargeable to the year 1878. The present Government, however, have always paid four quarters salary to teachers during each year since they have been in power, so that the contention of the hon. Leader of the Upposition falls.to the ground. The hon. member for New London seems greatly excited over some demonstrations of applause, which were made by some citizens who were present, outside of the bar of the House, when the hon. Leader of the Government had delivered his Budget speech yesterday. These demonstrations seemed to have nettled him greatly, and he was continually, during the course of his long speech, referring to them. It appear- ed to him (Mr. F.) that the hon. member had been indulging in fond dreams of receiving a like ovation when he had con- cluded his remarks, and no doubt the hon. member had an eye to business by repeated- ly alluding tothe ‘applause on this side of the House, and wished to give his friends a hint to greet him with a like degree of ‘‘vociferous clapping of hands,” as he termed it, when his speech was ended. But the expectations of the hon. member were sadly disappointed, for he resumed his seat amid profound silence, and deep gloom rested on the faces of his colleagues. The hon, member pretended to see no cause for the applause given the hon. Leader of the Government excepting it was, as he said, forthe ‘* bold and audacious statement that the debt of this Province at the end of last year wrs $188,000. instead of $191,- 000.” He (Mr. F.) did not think that such a statement, even if it had been made, was one that could be characterized as ‘* bold and audacious.” The fact that an hon. gentleman had made a mistake of some two or three thousand dollars before this or any other parliament on a question of this kind could not be called a bold and audacious

statement, but when the assertions of the hon. member himself are con- sidered, then these terms can

appropriately applied. Last session the hon. member in his place in this House made a speech on the finances of the Pro- venee and I will quote from it to show hon. members what was the opinion of the hon. gentleman in 1887, and they can then contrast it with his statement that he has submitted here to-day. The hon. member had not the courage to read the speech he had himself delivered here only twelve months ago, and now appearsto fight shy of the statements he then made. Here is what he said last year as reported on page 454 of the Parliamentary Reporter for 1887 :-—

‘*Mr. Sutherland,—At the close of the year 1878 we had to the credit of the Province, at Ottawa, the sum of $693,356.12. -If we add to this the balance of moneys to our credit in the Dominion Treasury for the purchase ot lands, we shall find we had a total of $906,- 872.14 to our credit. Now, at the close of the year 1886, the present Government hada

including the land account, the sum of $1,627,- 896.19. But if from that amount we deduct tue sum which they owe to the banks, as over- draft, we shall find that the difference in favor of the present Government is only some $30,- 000 more than the amount to the credit of the Davies Government, That isour true p*si- tion.”

be} The hon. member, in making his calcula-

total to their credit in the Dominion Treasury, | ' Difference of cost............... .$ 8,555.08 |

went out of power! It was no wonder the said in 1887! The hon. member has ad- mitted in his speech to-day that he was $100,000 below the mark in the statement he made in 1887, and as he there admitted

Davies Government were in 1878, when to this the error of $100,000, that he has to- day acknowledged, is added, we find that the hon. gentleman has put on record that the financial affairs of the Province were $130,000 better uf at the close of the year 1886 than when the Davies Government went out of power.

Mr. SurHERLAND said he had made no such admission. He had already explained the matter, but the Hon. Commissioner of Crown Lands, for his own purposes, tries to mislead the public. lf the hon. gentleman will take the same items that had been quoted last year and add to them the deficit of this year, it will be found that the Pro- vince is now $325,000 worse off than it was in 1878.

Hon. Mr. Fereouson said the hon. mem-

that the present Government were $30,000_ better of at the close of 1886 than the |

vince is $325,000 worse off than we were at |for the money saved by the non-payment of the close of the year 1878, when Davies! taxes, and show that we are that much bet-

t:r off than we were in the year 1878. How-

hon. member was afraid to read what hejever, I shall not, on the present occasion,

include either one or the other of these cal- culations. If the wharf element is to come in at all, we should capitalize the amount saved by handing the wharves over to the Dominion Government. However, I do not propose to include the wharves in the statement which I now propose to make to the House. The hon member also includ- ed a statement regarding the Public Landa, showing that the balances due in 1878 amounted to $462,923.63, which were re- duced in 1887 to $429,968.11, showmg a falling off of $32,955.52. He also claimed that the lands sold since 1878 should be de- duced from our assets in 1887. Now, I think it fair to exclude public property alto- gether from the estimate, because public buildings, &c., erected sincs 1878, will fully make up for Public Lands sold. In 1878 the outside shell of the new building for the insane was erected by the Davies Govern- ment, upon which they paid the sum of about $55,000. When the present Govern- ment came into power, they paid for the completion of the building at a further cost

ber had been engaged in the same task last year, viz., to formulate a true financial statement, but he has now gone back on his own figuring. _ Does the hon. member mean to say that he is incorrectly reporte d?/ If not, how can he explain away what he then said? He admitted then that there was $30,000 more to our. credit than what there was when Mr. Davies went out. of power, and he has acknow- ledged to-day that he then made a mistake of $100,000 by showing that much too little littie in the amount to our credit at the end of the year 1886, and how can he deny that he has not admitted that the Province had $130,000 more to its credit at the end of 1886 than there was in its favor at the close of the year 1878; and he said that was our true _ position. The honorable member now pretends to give a fair statement to this House of what our financial con:lition is, and he asserts that the Province was, on the 3lst of ‘December last, $325,000 worse off than it was in 1878, which, if added to the $130,000 that he told us the Province gained up to the end of 1886, will show that the Province has sunk in debt #455,000 during the past year! This is no small mistake for an hon. member to make, and serves to show how ridiculous his calcula- tions are. If, as he says, the Attorney made a mistake of two or three thousand dollars in one of the amounts referred to by that gentleman, and was applauded for it, surely the hon. member for New London should have been greeted by a perfect storm of applause when he varied since last session to the extent of $445,000 in estimaing our Provineial assets.

AFTERNOON SESSION,

‘How. Mr. Ferrevson.—Mr. Speaker, when the House adjourned on Saturday last, I was directing the attention of the House toa somewhat serious discrepancy in. the caleulations made _.in _ this House last session by the hon. junior mem- ber for New London, and those to which that hon. gentleman submitted during the course of the present debate on Saturday last. In comparing our present financial position as a Province with that of the year 1878, the hon. gentleman erred to the ex- tent of nearly $500,000. This fact has led me to believe that he has not given that attention to these matters which he should not have done. The discrepancy was made in reference tv our alleged indebtedness at the close of the past year. He was wrong in reference to 1886, and is now wrong with respect to 1887. If the hon. member will follow me carefully over those figures, —and he ought to do so in order to compare our financial position, —he will find out that he was greatly mistaken in both his calcula- tions. In dealing with this question there should be no attempt either to subtract from or to add tothe actual state of the case. In going into this matter the hon. member charged the Government with a large sum refunded on account of the wharves. Well, I think a legal gentleman, such as he is, should know better than to speak of the arrangement between the Federal and Local Governments in that manner. He knows that under the Terms of Confederation those wharves belong to the Dominion Government. In taking over those wharves, the latter are merely looking after their own property, as they made us some compensation for our expen- diture thereon since 1873. That money was not the price of those wharves, but was part, of the money expended upon them hy the Local Government since Oonfederation.

tion, put down a large sum against the Government on account, he said, of our selling our wharves to the Federal Govern- meut. Well, we did not own these wharves in the year 1878, norat any cther time since Confederation. As to whether the | Province gained or lost by that transaction, ‘the hon. gentleman will find that in the | year 1878 the Davies Governme:it expend- {ed upon those wharves the sum of $14,331. If, from that amount, we deduct the wharf- age collected, we have a net sum of $13,490. Last year, the sum expended by the Local Government was for repairs upon ferry wharves, &c. The following statement will show the. relative expenditures under the two Governments, viz :-—

of about $55,000. Since then the Stock Farm buildings were erected, and also the new stone Court House in Georgetown. Several other substantial structures have been erected during the administration of the present Government. To make out a perfectly fair account, the present Govern- ment should have credit for all new struc- tures erected by them. When this is done it will be found that these new buildings will about balance the lands sold, and that we may dismiss this matter as well as the others before alluded to, from our calcula- tion. I have now in my hands a statement which I shall submit to the House, and which I believe to be correct iu every par- ticular. If any hon. member should think such is not the case, | hope he will point out where the inaccuracy comes in. I have no desire to make any statement but such as will bear the closest and fairest exami- nation. In making this calculation, my object is not to show whether this Govern- ment or their predecessors should have credit for the course they have pursued. My object is to show our true financial position at the close of the past year, com- pared with that of the year 1878. lam not now going to say who is to blame for any particular condition of affairs, or who should get the credit for any improvement made in our finances.

(To be Continued. )

FOR SALE. —

THREE ACRES OF LAND inthe Village of Souris East, fronting 33 chains on the Main

°

Street, and bounded on the north by land of Stephen A. McDonald, on the east by lands of Marshal Paquet and William Cantwell, and on the west by Souris Kiver, at present in the pos- session of Michael MoCetmack, Esq.

For particulars apply in Charlottetown at the

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TO LET.

Two NICE HOUSES on Pleasant Street, with Stables and Water. Atso—One House on King Street. Apply to WILLIAM DODD.

April 4,-1888—tf

FOR SALE OR TO LET For a Term of Years.

LAWNDALE, situate on the St. Peter’s Road, about one mile and a half from the city, known as the “GARDINER PROPERTY,” and recently occupied by Kk. Bridges. On the pre- mises are a handsome Dwelling House, good Barns, &c. This place consists of about Sixteen Acres of Land, in good heart, and several pieces of land can he had adjoining, sufficient to make a Farm of about fifty acres.

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Pure, Reliable.

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Aoril 11, 1838.

$130,000 WATER DEBENTURES

—OF THE—

City of Charlottetown.

ENDERS will be received at the Commission- ers’ Office up to the night of the 30th April, prox., for the purchase of $130,000 (One Hundred

Wharves cost in 1878.........-+-- $14,331.58 Deduct wharfage received in 1878.. 841.50 TORRE oo. 5.5008 +i29naae one $13,490.08

— ——— ——

4,935.00

Ferry Wharves, &c., cost in 1887..

| If the hon. member wishes to make a state- ‘ment, which would fairly represent the condition of the Province in 1878 and 1887 ‘in respect to the wharves, he would capital-

and Thirty Thousand Dollars) of the City of Charlottetown Water WorkemDebentures. These Debentures are of the denomination of sees and are payable in twenty-five years om date of issue, bearing interest at five (0) per cent. per annum, payable half-yearly, and are

issued by virtne of a Special Act of the Legisla ture, passed last year, intituled: “ The Char- lottetown Water Works Act, 1587.

Tenders will be received for part or whole.

Of the ahove amount, $65,000 will be issued 15th May ; $20,000 15th June ; and about $10,000 month- ly thereafter till whole are issued.

ize the $8,555.08, difference of expenditure, at five per cent., and would then have

This is what the hon. gentleman said in $171,000 to add to the credit of the coun- 1887, and now he (Mr. §.) has drawn up a try at the statement by which he shows that the Pro- He should, also, give the Province credit mch2—2aw

close of the past

year.

The Commissioners do not bind themselves to

spt the highest or any tender. — D. LAIRD,

Chairman, | Water Commigsioners’ Office, Charlottetown, P. K. 1., March 27th, 1888.

ee a coe a

iditigy excites! 8 25 egpummaaegans.