,_ - ‘ia u -‘ ~\ L ,fy tr" 55"; » ' 1 l ‘ .,.- .-3. iv _ f ,. ’v f' ,.1 ii. we -. -at ‘ ,tif ~ _. 9', ,_ _ lr J . . , 1 t . 1'._ ‘.§ -. 1. '-A "'T( ."' ' 2'-.f-6. CTT, .` fllt Ji - l?"`-'5'1.* f1;;%lf' -».._i't, .fl a ‘swift - , _,t _ .__ ll'§i"'f¢.f, -:.-;..1e.ei.- ..t~__;_;._‘ .f; -‘ .;'. '-"’?~3i' * in-»; . ». ...A \. uf L i _ ` Alfffliif ,-.l"'f: I1 1 ;‘f.~"' 1-ff ‘ ~ , ,~.*.__9‘__". 4, ., ` V"":§."1'l V _-,... E9»"`." f’\, °'f.’ -ff -f-.fI.‘£fi` ;* '.9 ' ~ '1'. ',s. ff; f;,.“ ' f ________-,-__, 1:- , 1.2* .l.l_’.;-.' " 1; .i...1§-Y. . ,i ;-#fits-.;ii.= ‘fi 1." .5 ,'. "-3 -.in :ff ` 5 . tx! " in i, _ 1, '»’rY' if 1 _.__,'-_-,,~,_ ,_ .;" f__~=_.» 5: ;.'_,\t. g . ‘.."='.' . '. - Lu-‘l__,_~; t. ‘ xii.-.< sl’ _,t . P ty! ‘- iff .fi » » . I . ..=~\~. .' 1 ,.1 ',. l ‘_.l'l.5 'I *, ... . .-,..._ ` generally to have at hand an authoritative statement show- ..‘.. .». . 1 _ =ss1>r1-:Ms1:s=l5, 15,-5 9. - ~, ,_ ' ,- . . I , ._ ,_ _ ____ _ I \ .. ~_.. . , _. _~ , , . . _ . _, . ° . , _- , .I ,. .'-` `-.l‘_, -' .~ * , f »\ ". -, .» ... -~ I. r.‘T'»- 'ea.- »~ " ` ‘~"_ - , , - / ' ~ ‘ sl .. _ ' _________ ._ _. _.__ _ ___ __ _ _ _ __ _ _ . . _ . _ 1 _ _ . . ' ,‘ _ ‘ . ‘ ' _ \ 1 ,. . ‘ .W ~ -. . l 3 _ . , rms GUARDIAN ` _ ' - P1-’-GETHREI9 4. _ _,a-`___'_-,__vY,_. . € 5.. , , wits APPLIED FOR AND GRANTED As the securing of a Dominion subsidy of $100,000 for'_Damsges for failure to provide continuous com- this province for all time to come is a matter which will necessarily be interwoven with the future history of Prince Edward Island, the correspondence which led to the grant- ing of the same is herewith reproduced for future refer- ence. 'It will be interesting to the people of the province ing the basis upon which the subsidy was granted, as well as the arguments used by the delegates in securing it. The correspondence will also serve as a final reply to the question, “where does Mr J. J. Hughes come in in the matter of the subsidy." The memorandum was oibcially submitted in the Provincial' Legislature and may be found in the Journals of the House for 1912. CLAIMS UPON WHICH ADDITIONAL SUBSIDY MAY BE BASED: 1. Re Continuous Communication. 2, Grant of Subsidies upon the basis of an assumed population of 190,000, giving an increase of $106,373.60. 3. Increase of Subsidy for want of Public Lands from $45,000.00 per annum to $-l; an increase of *___ . municatlon between P. E. Island and the mainland since May 20.000130 $100,000.00 on the zatn any or February. 1912, 1 received the promise of the Prime Minister and the Minister of Finance .that an increase of subsidy to the amount of $100.000~00 iwouid be granted, either on one or the other 0! 01° Plan* above set forth, or on general account without particularis~ ingv-this question to be left over for further consideration -but I was requested by the Minister, of Finance to pre- pare a Bill based upon Plan No. 1 above, which was accordingly done. _ On the 29th day of February. I telegraphed each of my co-delegates as foliows:- Fisheries arranged. Subsidy one-half. Leaving to-day. Absolute secret. ` (Signed) J. A. MATI-IIESON. Before their departure from Ottawa it was agreed with my co-delegates that instead of stating the sum that might be obtained, I should telegraph the proportion it bore to the total claim of $200,000.00, and accordingly the term “one-half" meant $100,000.00 and was so understood No. 1. Covcrs'the period from 1901 to date only. Frolnn_._by them_ 1973-to-1901,- was settled by a subsidy of $30,000.00 per annum. » _ No. 2. Manitoba, British Columbia, Alberta and Sas- katchewan were all paid yubsidles up_on the basis of an assumed population. No. 3. This subsidy for want of Public Lands is paid to four Provinces only, viz:- - Manitoba, P. E. Island, Alberta, Saskatchewan. All the other Provi_nces own their Crown Lands. P. E. Island under the terms of Confederation received $45,000,00 and Manitoba $45,000.00. In 1885, Manitoba's subsidy was increased to $100,000.00. A further increase may be given Manitoba under this head by proposed extension of boundaries. Alberta and Saskatchewan, established in 1905, re- ceived campensation to each Province for Public Lands. $375,000.00; to increase with increasing population up to $1,125,000.00. This subsidy, for want of lands, appears to have been framed to meet the necessities of landless provinces. It might well be increased for P. E. Island in view of. its necessities and the immensely better terms given the newer provinces. After several consultations with the members of the Subcommittee and with the other members of the Council, and the matters in question having been fully discussed, it was agreed that the closing of the negotiations should be left in the hands of the Prime Minister, the Minister of Finance and Mr Msthieson, the Chairman of your delega- tion; and Messrs McLean and Arsenault set out for home_ with the assurance that substantial aid would be granted io this Province. ' Your delegates desire to place on record their apprecia- tion of the courtesy and consideration extended to them by the Prime Minister, the Minister of Finance and the other members of the Cabinet, and of their earnest desire to deal justly with this Province. Respectfully submitted,- - J. A. MATI-IIESON, . Premier and Attorney General of P. E. Island. JOHN McLEAN, Member of Executive Council of P. E. Island. A. E. AR'sENAUL'r, Member of Executive Council of P. E. Island. After the departure of my co-delegates and after several conferences with the Minister of Finance, he requested me on the 26th day of February, 1912, to frame for sub- mission to the Cabinet alternative grounds upon which to base an increase of $100,000.00 and on the same day I wrote and caused to be delivered him a letter with en- closures ss follows: February 26th, 1912. Dear Mr While:- Enclosed, please find suggestions in the line you spoke of this afternoon. one or other of which, I trust may meet requirements. The one Marker Plan No. 1, it appears to me is most easily justified by precedent. P1511 N0- 2 lS raised to the required amount, as you will observe, chiefly by increase of the subsidy for want of Public lands, the sole foundation for which is necessity. The three items, viz: Continuous Communication, Land Subsidy. and Assumed Population do not, when taken \0Kether, readily lend themselves to an adjustment within the limit you prescribed. If there is anything further that I can do in the way of suggestion, kindly let me know. _ Faithfully yours, (Slslwd) J. A. MATHIESON. Honourable W. T.” White, _ Mfnister of Finance, I' Ottawa. Ontario. Memo. PLAN No. 1. 1. Annual allowance in full settlement of all claims of Prince Edward Island against the Dominion of Canada on account of non-fulnlment of the terms of Union between the Dominion and said Province respecting the mainten- ance of elllcient steam communication between the Island and the mainland since May 1901..............$20,000.00` 2. Grant oi’ Subsidy on assumed basis of a population of 150,000, re- sulting in an increase for the support of Government and ' " Legislature of . . . . . . . . . . . . . . . .$50,000.00 And 80 per cent. per capita on a _ population of 150,000, minus 109,078 equals 10,922. . . . . . . . . . 32,737.60 82,737.60 4' $102,737,60 Nota.-This proposal would settle two claims, viz., No. 1, as above set forth, and No. 2. an equivalent for increased per capita subsidies granted other Provinces by amend- meht or n. N. A. set, 1901, for watts tan Province receives no equivalent. _ _ ‘Honourable George Ross, then Premier of Ontario, pro lwqed. by memorial, at the Conference of 1902, that in the` case of Provinces having a population of less than one- million, an annual allowance of $200,000 should be given for the support of Governments and Legislatures. This proposal would have given P. E. Island $100,000.00 more than it actually received. Our delegates appear w bg un. conscious of this. 'Noather Province was interested in it, and it therefore toll the ground. . see senate steam, 1991. 5. 919.-and s.`n.‘ new-t or Conference of 1008. _` _ I rnmuo.-1.. . ,, The following correspondence thereafter took place:- Charlottetown, March 5th, 1912. Dear Mr Whlte:- In accordance with your suggestion, I enclose Draft Bill providing for increase of subsidies on the basis of $20,000 per annum, for damages for non-fulfilment of terms of union respecting continuous communication and an assumed population of 150,000. This would result as followsz- Increase under S. $20,000.00 Fixed Subsidy ..................$50,000.00 Increase 80c. per capita on 150,000 minus 109.078 equals 40,922 . _ . . . . . . . . . . _ 32,737.60 82,737.60 _ $102,737,110 I also enclose under separate cover a. statement in the nature of a Brief accompanied by the Schedules therein geferred to, verified in each case hy the proper ohicial of the Government. I trust the enclosures will meet requirements. If not, please call on me by wire to supply what you need.- Thanking you for the exceeding care and consideration which you have given in this matter. ' I am, faithfully yours, (signed) J. A. MATHIESON. Ottawa, March 9th, 1912. -My Dear Mr Mathieaon,-- I beg to acknowledge receipt of yours of the 5th inst.. enclosing Draft Bill providing for increase-of ,Subsidy to your Province, which I shall bring to the attention of the Government for early consideriion. The Brief has not yet come to hand, but no doubt l_shnll receive it in aélay or so. It has occurred to me that probably a straight grant wlthbut attempting to particularlse would be most satis- factory so far as legislation is concerned, and I shall he glad if you will wire me whether you see any objection to this. ` With kindest regards, Yours faithfully, (Signed) W. T. WHITE. Hon. J. A. Mathleson, - Charlottetown, P. E. Island. Charlottetown, March 14th, 1912. Dear Mr Whlte:-- I beg to acknowledge receipt of your favour of the 9th instant, referring to intended increase of Subsidy for this Province, and to thank you for your prompt reply. I have telegraphed you to-day as follows:-- "Brief mailed 5th instant, mailing duplicate to-day. Think draft Statute as mailed best and most easily de- fended, havlng numerous precedents. Writing. Will go to Ottawa if necessary." You may recollect that at the last meeting two basis for the increase of Subsidy were considered-one marked Plan No.1, providing for 1. Damages for- non-fulfilment of terms of . Union $20,000.00 2. Grant of Subsidy of assumed basis of - 150,000, giving an increase of . . . ._ . .. . 82,737.60 $102,737.60 AND . PLAN No. 2: I. Damages at above $20,000.00 2. Increase of Subsidy for want of Public ' Lands'$45,000.00 to $125,000.00 80,000.00 The former is most easily defended on these groundsz- i. We are the only Province whose population has actually declined in Confederation; 2. Also the only Province with which a contract has been continuously violated; 3. This breach of contract certainly affected adversely our population, and we should not thus be penallsed twice for Canada’s default; 4. Under the favourable conditions expected, our popu~ lation will resume its old high ratio of increase and will commence at once to cut down the gift and ultimately wipe it out. As to Plan No. 2, it would, if worked out on the same scale as applies to all the other Provinces which have no Crown Lands, give us $1.50 per capita, making an increase "nd" Ulf! 0050 0! $95,583.00 Dlus the allowance for winter communication which would run up-to s total of $116,538.00, a sum above the limit you fixed. The $80,000.00 mentioned in Plan No. 2 above, is arbitrary only and it re resent; . D _qne-third of the subsidies to each of the landless Westem Provinces. lf there is any further information or suggestions that I can give, or if I can aid you by going again to Ottawa, I shall be very glad to do so. Our Legislature meets on the 21th instant, and I would date. Fsithfully yours. _ _ _ __ (smell J. A. narmnsou. Flon.`wI ’i. white, _ .Minister of Finance, . . . . . . . . _ Ottawa. _ ' Charlottetown, Dear Mr While:-» ,. " I ll°f¢_\l° °f llllllilv for want df public lands from ' » “ “ - -- - soft an mmm: lv this man s scoliosis. °¢r1_mf¢°f _ 146,009.09 to |1_ss,m.oo._.................. m,ooo.ooi“_w“wm“w“' 'mhlhmmwm mm _ ,- ,. . ‘_ I `.` ln 'the' case of the dnt Brief in our can not turnisl ' Hon. J. A. Mlfhielbll, - like to make a dednittrannouncemsnt on or about that? T' W' T' whm' ' ed basis of ulation am lltlilliii I mn; it more sttnrsctory to vom ‘“’ ~ Please wire your decision and whoa I or . (signed) J. AI uA'l"nnnsoN. - , larch 15th, 191|. _ _ "Ali liviitftiotioi bl x 5-'_ . __ ,, . -. lt-_. _ _ ._ . ‘, *nov 01°* ` ' I *- ~. _ q _ two and two make dye In every pos $0 1911, but we tried to belittle the Governmenvs sur- Meyers Rosa ‘lt attempted to befog its readers by tires llabliltlpafof submitting ,tha lausneesneet_ of _tae twttm-oo_191,1, we -Grit Government for 1911, and the That was the s po _ y could be D improvement in. the finances. The Dvndent banker. 'comparison would have been all right whose reputation -and the logic convincing but for one showed that the 'thing-the Grit balance-sheet sub- December 31.1914 .mitted was cooked and unreliable. to 6933.354-M, or ,a showing as possible and to mis- Tl10\‘0 0511 D0 their outstanding liabilities at Sep- Wlllk #SIU Bra tember 30 When Messrs Rosshor- but ltgcallot the finances of the province stoodf m°"° W°fu!Y °f until 31st December 1911, when the 1-16111811. Who are present Government took chaise. 016 '“°*' P°"l““9» bl" a ready-made deficit of $33,000. They ll' “° d“m°W °“ found also that there were $85,000 of llllllilii Of BUY Of unpaid accounts, which the present 1191101110 l'€l>0l'¥B Government had to pay These should 1911 and 1914 1 ers, whose reputations as actuariea ` -Report by Messrs. Rossborough and Dench on 19 Receipts, year ended Sept. 30, 1911 Debentures sold ' ' » Receipts, Sept. 30, 1911, to Dec. 2, 1911 ', $171,839.66 6,456.21 Due banks Less cash on hand $165,383.45 ` 10,046.82 85,533.56 I . Cheques outstanding Loans (private parties) _ , $250,953.93 .Accrued _interest due Banks (overdrafts) Loans (private parties) Debentures Accounts payable, Appendix A. Accounts payable, Appendix, B. Outstanding road orders, Appendix C. Salaries accrued- District teachers Public officials - Incomplete contracts, Appendix D. Dominion subsidy, 29 _days unearned Net debenture indebtedness, _Appendix E. I Balance of Current Account, 31st Dec., 1913 Receipts, 1914 Due Loans - _ _ _ _ Accrued interest- _`° Banks Loans _ Debentures . Accounts Payable, Public Works ‘ Incomplete Contracts, Public Works Accounts Payable, Treasury . Teachers' Salariesf Grants and Supplements accrued Debenture Indebtedness (net) _ ' I Due snnlr $110,333.91 ceed in convincing its readers that the Grit expenditures as at September purposely omitted 1 _ , _ ri _sible and conceivable manner it has so doldde and. mislead the publloi ll- and Dendh cef- ' - -. bo `luses,~but without success. Yesterday `-titled ever»-thelrtsignaturoi that the _tho province _at Bap- rs-$1.|l72»5Il.17t , . tar-ting point of the _balance-sheet for 1914, and asking Mathieson Government. sn.d-after.thr,ee- them to judge !or_ themselves whether Y¢Bl*l.'tbe rel\°f.!.0f the eltorltl li#-' there ssibl a sur luus or itor, on this occasion another indo- Mr.. H. W._Binniug, also is at, stake. total liabilities ’at had been reduced a--not reduction in _The Grits in order to present as good thfel Yvlfl of $89,241.28. - " no gsinssylng these* ‘lead the public, took no account of N018-»=1\\5'Pl¢l'l0¢llll¥ UV to l100_¢l- as mliclyéiis likes. ` ° d t t i l' ‘gba kt!9llté§lF ou h and Dench, the t 0 indepen en F8119 _Bl_\_ _ BDOIIB Q _ I1 lo lm_- augitors appointed to vlzxamine the |95 `ll3".l7P“°“(u|\l ¢l\&.n1°"PQ°k¢0.“' accounts and to find out eaxctly how 120111101' of the' Grit" Gove1"nment"nre* .credence than' tha- re- folmd that from 30th‘ September 1911 port of .these three. independent Keli- neither politicians trained bankers and ,Palmer Government had received $22.- Pl`°f°°5|°““l ““dll0\`9- 000 and had nm out 3105900, making In order that there may be absolute- the subject in the our readers, ye ap- of these audi ors for m which it will be _ , , ro ,according to these independent bank- 50911 GXHCUY 110W matlsrs 8!and:- 11 Accounts Balance against Province, Sept. 30, 1910 (current account) $145,349-07 Expenditure. year ended Sept. 30, 1911 $416,531-03 374,797.82 , _-_ 41,333.25 187,682.33 10.000.00 $177,682.33 Expenditures, Sept. 30, 1911, to Dec/2, 1911 $105,862.44 ` . 22,580.94 53,281.50 `.'sz5o,95s._s_s ith-1* -‘ *wfolil $715.50 9,095.15 9,393.24 34,554.01. 5,575.79 $12,084.89 10,430.86 4,959.49 ` $15,740.00 173.03 _ .1e,513.os - 19,532.39 21,449.11 125,522.1s $1.072.595.77 ' Report of Mr. H. W. Blnnlng on 1914 Accounts ‘ valvala-< $270,925.50 Expenditures, 1914 $514,982.73 525,555.19 ---¥- 10,572.46 $260,353.10 89,969.19 $260,353.10 $1,268.15 2,526.62 6,331.88 18,508.27 5,581.37 117.61 14,901.00 673,766.49 723,001.39 _.il ' ` $983,354.49 7 I enclose herewith-a clipping from the St. John “Daily Telegraph," of March 13th reporting Mr. Pugsley's cordingly. speech in the debate respecting the ' extention of the boundaries of Mani- `toba, which may possibly have escaped your attention. It looks to me as if somebody has been priming ' - Mr. Pugsley in our case for this debate but his remarks may be of assistance . when it comes to putting through- the Bill for our increase, as after what he ‘ has said he could scarcely offer any opposition. _ Hoping to hear from you- favorably at the earliest- possible date, and ulsrising. You ered to the press inform you that been passed' by' Canada carrying l kindness and attention you have ' shown to our delegates and to our . cause. . I am faithfully yours, Hon. W. T. White, Minister of Finance, _,, 5 Ottawa. "" ‘ March 18th, 1912 Dear Mr. Mathleaonf- 'P110 D\l0\lBll BD they are mellow, shipped. Pick the hand into a one lined cool shed or "There are of the I am much obliged 101' YOIIPB ‘ of the 15th inst. enclosing a clipping from the "St. John Daily Telegraph," which will be of assistance to me in connection with tho Prince Edward Island additional grant. The Brief which you were good enough to pre- pare for me has come tohand, and will be very useful, - With best regards, ’ Yours faithfully. -(Signed) W. T. WHITE. ter nails which rel. are They is in Charlottetown. P. E. 1'. q I "3,-':.:.~.l...... 1 f uma 19231912. 'Minister of Finance, Ottawa. Though preferring grant on assum- DOD with straight grant without particular- `may announce same ' , I `>"\ ` I ` llduts-ell`198l»19`\9» " TU HDI, J» A. MliU|0__@0» ._ ___ Ularlottetown "young for additional' . etiee of apples must dred thousand dollars, without partic- may announce ac- W. T. WHITE. This telegram was thereupon deliv- and I nm pleased to a Statute has since 'the Parliament of o effect the terms of the above agreelgent. ' Respectfully submitted this second again thanking you for the special- dBY Of ADHI. 1912. - - J. A. MATHIESON, Chairman of Delegation. (Bl8ned) J. A. MATHIESON. "` THE BARREL PACK L»`¥.v` d if inc es h on, .. . 5 I I 3 What the Farmers- . _ _ --<-r----.r--- 1', I _~ » . A . _In ¢v_,,,-YT,-¢§|,¢¢¢,th¢.11l7!0'vince has benefited by the change of Gov- gmmgnt “inch took place in 191 I. One has but to refer to the _files of grumhlings, growlings, complaints and even threats against bot-h the >p0“-¢,»5-t}m¢_-be in the Province and at Ottawa. The Island was in :i Try as it will the. Patriot cannot suc--are .st stake. have been included lo,__.1he Island ngwspapers prior to 1912 and there he will find .nothing but ,du _Stine of t,mk,.uptcy_. nothing was being dont- or could rionc`by_tl1¢_,-' “party in wer to im rove conditions or even save the situation 1`h¢ `.Lib¢m| lgfemier; ¢mJ2}n¢mber.f of the Government, it__i; truegwrnt __qui- favonfing all over Canada, Gnd even fo E”9l‘"'d» “f ‘W-"’-l" "0 ”“"P"°'/"iff xdf $9000 ‘WHICH WAS BORROWED by tile Government, but _they .succéédeé megdy in landing the ‘Island deeper in_the‘ mire. The Liber. als bnngletl most thing, they handled, and e=l>¢¢!.='“¥ \>“"Iil¢d-9°' ,f°l;f¢~. sentative case and our claims for additional subsidy. The prm_1e object 'of the Liberal clique here was to push the Claims of the Province to a successful issue, but to keep in with the authorities -at‘Ottawa that they might obtain for themselves and their favorites personal favors. ` Premier Mathieson when in Opposition pressed andpleaded fora ‘more statesmanlike handling of the affairs of the-Province, and even went the length of offering assisfance in _putting our claims effectively 'before the Administration at Ottawa is pleadings and offers were spurned, our representation claims were rejected, and our appeal for 'additional subsidy was turned ‘down with the curtadvice to go home and tax the farmers more as they were not _taxed half enough. . . That was the Liberal way of doing busmess. Contrast then with now. Today one ncv‘er hears a bonaiide com- plaint irom anybody. The Editor of the Patriot alone out of the 93,000 inhabitants of the Island ls_ left to murmur and _c0m,plam, but not of any neglect or maladministration on the part of either _the local or federal Governments. His grouch is against the popularity and suc- cess of the Mathieson regime. There has been nothing to parallel it in the history of the Province. In a brief three years the Province has risen from bankruptcy to comparative influence; all the public services are well, efficiently and economically administered, the farmers are more lightly taxed than under the Liberals, and every honest farmer and citi- zen who has no particular axe to grind stand as one man behind the Mathfeson Govermneut. It is interesting to make :1 comparison between taxation then and now and to show the difference between inefficient Liberal Administra- fion‘and the capablefonservative Administration :- LIBERAL TAXES IN 1911 . Out of a tolal rvwnuc of $375,000 thc farmrrs paid $58,650 in Land alnd Road Taxes. . CONSERVATIVE TAXES IN 1914 _ '- . . Out of a iota! rt-z'cnue of $531,000 the farmers paid $47,430 in Land and Road 7.`a.t'¢-s. ` ‘ In other words, under LIBERAL RULE tlzr farllwrs fluid $15.60 out of every $100 of Rez/enut_.’. , UNDER CONSERVATIVE RULE the farmers ffaid $8.80 out of every $100 of Revert-110. ' ' That is, under the Mathieson Government, tht’ farmer />n_\'.f 01ll_v one half of what he had to pay under the Liberal clique. The statistics show an absolute-decrease in direct taxation of $11,220 in foliar of th? farmer, and zt relative decrease of 6 4-5 percent. \Vhiie the farmers taxes were decreased $11,220 the rezlerlitc of the Province was increased $156,000 by increased Federal subsidies, secured by Premier Mathieson a more systematic collection of inc0m_e tax and fees on incorporated companies. In 1911, thc late Liberal Government closed the fiscal year at Sept. 30, with a deficit of $41,800, and in the two succeeding months outstand- ing accounts to the amount of $105,852 were pajti, leaving further liabil- ities stili outstanding of $15,000, making in all 3 total deficit of $162,600. This deplorable bankruptcy notwitlistamling the Patriot would have us believe that is the kind of Government the people ought to havei In 1914 the Mathieson Government after spending $30,000 more on capital account than' the late Government tlitl in 1911, $21,000 on war grants, $7,343 on the Lowe award, $31,000 more on education,`$8,000 more on public \v0rks, closed its third financial year with an absolufr .surplus of $10,000, besides $11,250 invested i1_\__cre0sote