Years Fought Deprettiv" , Wzth UndisputedfSuccess illaniGovernment ‘Baliance Of _Q1'll8 went out of ByMac Opposition Criticism Weighed In The Government Achievements During Years Of Unprecedented World Depress-ion. Premier MocMillan 1,, Brillant Form 1,‘. Delivering Budget Speech, In Which ,He Estimates An Ordinary Revenue Surplus, Excluding Sinking Funds, 0f $37,217. “ incmase of liabilities year 1931? They estima expenditure—ordi relief-would amoun and the total revenu Following is the full text ofthe Budget speech delivered legislature 011 March 25 by Premier the I-fon. W. J. P. Mach/Lilian, M.D.: Mr. speaker, this brings us again i0 that point of the Budget and it ls again my duty and r and privilege to submit a record the affairs of Government in this Province for the past year and to submit estimates for the carrying on at said Government for the year to come. I fully appreciate the honour as well- as the responsibility of this duty. I fully recognize that m of the Island's most brilliant sons have in the past stood in the posi- tion where I am now standing and I think, as we look over that long record of men. who have performed this particular duty, that afair an- alysis of their record will inevitab- ly 1nd to the conclusion that they endeavoured to do their full duty. Many of them have passed from this earthly sphere; some of them are still with us. And if I were to nrpress any wish at. this particular time it would be that when 1 am being judged at the bar of public opinion as lender of this Govern- ment for the ‘past four years that all I ask for is fair play on the part of the people. I don't wish to nu particular time the peculiar diffi- flculties of administering a govern- ment for the last- four; or five ymza-ss. l am not gob" mantle of chant": be thrown over destruction. Old Age Pensions paid n expenses $5,220, a de- $1,473. Telegrams $250, Works $286,620, a decrease seen expenditure tributloii of $90,000, leaving an estimated increase in lia- bilities to be $114,593, and that es- timate turned out to be an actual figure of $544,000, so only astray $430.0 u for eight mon of $33,942. Unfore $1,000. Sinking Fund 205, an increase of $1 a total of $1,599,299, a decrease over last year of $57,665. Revenue asrmA-ras Tannin HON. W. J. P. Mac MILLAN, MJ’. Premier of Prince Edward Island tbs, or in other y were going behind, for- tunately the electors decided it was high time for a change, at the rate of $816,000 a. year. borrows anothe: ten million or two, he is that much more 1n d:bt. Thay won't admit that when you issue debentures you are not tlmreaslng the debt. They won't admit borrowing, part of this bentures, because that is what it was on our pa look after their borrowing in the only way we could. The in 1930 $122,000, and in tal of $366,000 worth of gravel which tlfcy charged to nt. Mr. Speaker, how much permanency ls the Ilow much reason is behind a fln- ancial statcmcnt that charges gravel to Capital Expenditure? added their expenditure for gravel to their Ordinary Deficit of $146,000 they would have a Revenue Deficit in their time of $512,000. Now in 1932 we had a1 Revenue Surplus of $18,600, in 1933 we had a. Revenue Deficit of $20.000, in 1034 we had a Revenue Deficit of $142,000, or in our thzee yeas we have a. total deficit of $146,000. Now it is true that in that we charged one item of gravel, an amount of going to give you the revenue. I will table the estimates of revenue. though it has A COMPARISON of the House will deral Subsidy $947,- $150,000. Dlrcet Re- But they say they ys, had a surplus on O:- dlnary Account. Now, deal with that. Last y ary Expenditure was the Ordinary Revenue was $1,385.- a deficit on Ordinary $271,147, but. following the course that has been [ll by this _and ever some time tho Sinkin vision of $128,500 must be taken 200. from that and that leaves a deficit on Ordinary Account of $142,000. and, mind you there wasn't el transferred to Capital Ac- was the custom tn their lessen the deficit have done when the d. This $2,450,000 is accounted for by our debt of $932,070 and their debt of $1,177,000 and by funding hank overdraft on hiking Funds and an amount due on Illghwa 1931 for which Striking Funds were not adequate to the $340,000. So we can account for the bonds that, we sold, debentures we issued. We can show by the Public Accounts that our increase 1n debt was not $2,450,000, it was $932,000, and we won’t leave the obligations for them or whoever succeeds us to look after that they did for us. A question was asked here 1st December, 1934. and what is it on the 1st of Mar 1935." The answer was quite simple, $294,000 on 31st, Dece 1st March $210,000. We don’ verdrafts of over a million. 500. Although our expenditure on Old Age Pensions looked d road tax $155,000, C911- adlan National Railway tax $40,000, H1096 tWO it $195,000. corporation taxes, mg domiciled com Succession Duties ment Tax $5.000, 000, making a l0 y Government for it should be charged Expenditure. In 1933 avel was charged dituzre. Therefore t forward at this int item of $225,000. and in 1934 the gr on Ordinary Expsn our Ordinary Deficit on Ordinary Account against our $512,000 was $161000. There ls the comparison of Ordinary Revcnue-. deficits and surpluses analyzed. years in order to s on Ordinary Account. y that I we; badly o admit that 1 was off. There for it. There was nts and Marriaae and Penalties $500. Fees from dlfierent General Governme enue, Department Health, _ Prohibition Police and fMatnten- $54,600, a total esti- ygrevenue of $1,496,- 271.98. and the estlm were good reasons an increase in relief, Old Age Pensions, the amount of wor to pay for in conju Federal Government, whic my figures given an extent. But w of our deficit on Ordinary A of $142,000. How does thatxoompare e Province of New Bruns- regaid. but I think those who an- alyze the situation logically those who follow the trend of mod- rm events, will nwalize that within the last four or five years the duties and difficulties of government have been tzemendous. of Public Works. k which We W‘ LIABILITIES ANALYZEI) 011 August 20, 1031, the total l'a- bilities of this Province was $3,337,- what my Friends one c of the House left in came in on Aug- ust 12, 1927, four yenrs before, the debt of this Province was $2,159.50; so that in their four years of office, as shown by the External Auditor's ncrns-zd the indebt- edness of this Province $ or in four years they added 50 per existing debt from Confederation, or from this Province started out to do its own business down to the year 1927 our accumulated debt was $2,159,030 and in four years our Friend; on the other side of the House, who pretend to be such great economists, just added 50 per cent to that total. In four years they were able to do what every Government from the time this Govr: nment was doing business, all of them put together, in four years they were able to do half of it in piling up debt. Now it i5 quite true that since that time and in our regime w have increas- ed the debt not quite as much as they increased it, We increased it $932,000. We can still spend $245,000 before we are as bad as they are. Mr. McIntyre: ‘That wasn't vcry much of an increase." Premier MacMtllnn: much compared with yours. You will notice, Mr. Speaker, the wisdom last year to quite hat do you think TIIE ESTIMATES ed surplus on Ordlm debt. when‘ they SINKING runo Account of $37,217, Sinking Funds, a5 hat we have Cap- Federal contribution lief Act 1994, exrlus- ive of concrete hlghwa Now. there is a matter which I fer to in Justice to all governmtnts and that d poposltion. I may say I am not satisfied with that each government 1n the past, that we are providing too much 1n our Sinking Funds at the present ti r funded debt. With tiles.‘ preliminary“remarks f will tat”: you a‘. one: into that particularly dry realm of figures. I the estimates of revenue and expenditure which w: are submitting totiiclit do not differ 1. -->- s.“ Account of $800,000. I wonder, caker, how it compares h a revenue defic $1,129,000. So that if tie Province didn't do st year. When times are u consider our deflelt on Ordinary Accoun has been foolish the last day or two. Th timated expenditur concrete highway $48000, and was partmcnt of Justice is $64,175.21. dc- '1 20 per cent of You Nova Scotia has B per can Brunswick has 10 has 12 per cent, On 1r cent. We are putting more sinking Funds than Province in this country. It la nd every Government has to go out. year borrow an amount. over $140.000, in our Sinking Fun ment of Agricu ture $51.22’). mi in- crease of $5.371. , Council $3.750. a decrease cf $147. For the Department of Education 8344.420. an increase of $1,265. For t in 1931 would be to a new record of $253,000. There is one thin ellef payments dldn’ 01d Age Pensions, for re- at year was only $12,- 900 against $39,000 l eoume. there is the old a1 d they spend rroney without control. Even honourable friend the immense Mlnhter of Public Works lost control at that time." Mr. McIntyre: Not as much as you did this year. Premier Mari/Lilian: No, much. My deficit on Ordinary Ac- count was $142000 Borden which cost per cent, Quebec borne in full by the TED SURPLUS In this year we must make pro- vision for the General Provincial Election. and while at this point and before 1 forget it. I might say that we have had some criticism, I was going to say considerable but. l won't, Mr. Speaker, criticism on the point that we never filled the two vacant seals in this House. On.‘ from the Belfast District. made V10- ant by the lamented death of Mr. Callum Bruce and the other in the Georgetown District. triad: vacant by the lamentpd death of the lat: Premier of this Province. The prin- ciple reason why they were not fill- ed was that those districts were rep- resented adequately by the remain- ing representatives. Each has two representatives and wc con- sidered that for the remainder of this House that the gentlemen who represent those districts could rzp- resent them adequltcly. It meant that we saved this Pro- vince the amount of Tm,- mnln point about I am estimating a dinary Account of $3 of Sinking Funds. Now. Mr. Speaker, d that Estfmaw ds. And there ts another point where 1 believe that acturial or expert advice would be beneficial to evolve a proper plan as it is not a good proceeding vince to carry their own bonds in their own Sinking Funds. I made that declaration advisedly. Province in this country that l; not carrying our own bonds in our own Sinking Funds and tn some Provinces three-quar- ters 0f their entire Sinking Fund provision is thci right we are wronz, t But I know thlsythat getting off a great deal easier than we are, before I forget it, my friend of the Patriot in other day, using some at Black Wed- plcal of. drew attention that this Government its bungling issued bonds didn't make them callable as other inces did. I haven't time to xact words, but I have gh 1 don't suppose 1t‘ akes much difference. d this Gwernment for not g this issue callable. He knows ll as any man tn this Prov- because he is editor of a that l! supposed to know it doesn't know anything that there nevorwas a unks bond in this as he should know, ated Revenue an will lle on the table. of the Government. ewspeper on Wednes- dont know what $142,000 l5 much We are the mfly er than $253,000! (Laughter) That is not the ber of this House. On the Patriot came glaring headlines "MacMillan Govern You will realize the great period of depression in which my friends administered the merit of this Province from 1927 to 193l.-When they get up to those were the ‘wonderful’ yeast What about the trade-of th try? Why, money was ove everywhere. It was wcn W m“ was so wonderful that nt to remind step with it $1,177,000. They didn't $544,000 0f the presslon to contend with; th in debt in that have hat the deficit on “m; 8S 3353-000 m‘ Pensions to deal with; l, find Y0" have the Teachers‘ Superann D0" Fund to ,dcal with", 0Y1 have any fires M1905‘ 39- 1931- is their main dttor’: Rerorl built two ferry llabllltlel they ma. They u: the Prince of Wales al . lllali: That is the old ste:y. The b11301‘ the the bigger the deficit. I know t n. friend th,“ Leader of the ion never wishes to take this year into consideration. par- hat, is and very little more about it». We admit W0 efer to the Journ for last. ‘year you find that we estimated total expenditure (ordinary, and construction accounts, would amount to $155,390. estimated that the revenue would a and that at the tlmates of expe find that the Itednr therefore the total estim- $1.4$4,471.66. Now this MI capital Mr, Lea: We will take yours ln- rqown; the Editor relief) to consideration next year. Premier Maclvflllan: ordinary was coming. But I wa t to $1,940,621 hlm, bottom of the es- w nditure you would al contribution year and also Ordinary Account w elusive of Sinking Fund will get it by com of the External A you the liabilities at an ln- and the Provincial Au ed two sessicnal ln- f the black ink th there is a matter .500 saved and 1 do hing has been loot. hose death; left a and any direct relief to $548,900 increase they didn't have Old because one of t vdooncy in the Govern didn't turn up his e ks and so we were pair- ated-revenue was he . _ to deal with. Wh plural. uslium suoouaaozn boats and a scowl Be we ‘Ric Department of Health $34,964, (ma; (or m lnoe, of $2,667, for the pur- 1.3m of pushing the dental to some success in th vlnoa. hloonwood Hospital .660, a decrease $240,110. an increase lslation $16,660. a slight, December 31. 1991. and nae that the m . $11,060 butler made by this o, and. Qffllo roar than we be of, i!!! BIN‘ friends will say, Hat foil‘ months of that callable Knowing lf we made it callable we would 1110:0959 the cost very materially. rlra ovuaonan "minar- nuoa“ a ' '- ‘uiougin w: would lng. ' My Honourable have and we are n with them either, but I am we come to those Revenue any the numbers no " In 1926 our Friends had ‘ fnroas LIBERAL sourwsas LIBERAL MIBSTATEMENTS But what do they say, nc of them get up‘ had a Revenue surplus 0 they had a Rev- Of course you under- riot aayfllve those Revenue sol-pl ' ‘they jut allot-gall GM , “w- v. "rf "camera's." of power thqy left $600,966,.or the! increased those two items by 8159,- 000. In 1027 when the first Btcwar-t Government wont out of power they lad reduced those two items from 8680.000 to 0009.000, a, decrease of $71,000. and in 1991 when the Lib- powcr on bank overdraft and short termjoana they left the very modst sum of $1. 426,045. ‘rlwy had increased those two items in their time $816,000, or if you take the record; of the two Liberal ‘and. the two Conservative . administrations 8111M 1019 you will 11nd the conservatives left $1,001,279 and the Liberals left $2,106,200. .'I‘he Conservatives left $1,031,278 and the Liberals left $2,106,200. on those two items of bank overdraft and short term loans. The difference ' between the administrations is $1,- , 000,00 in favour of the two Con- . aervatlve administrations. THE BOND ISSUE Now, I wish to deal for a mom- ent with this matter of _the issueof $1,000,000 by this Government. I have made a statement on this point at every session since this transac- tion took place. 1 have not varied the statement. They say it is very hard to get lnfonnation from the Premier on this point. It is not hard at all. I have never refused to give information. 1 have always tried to give it in a fair, square manner and I don't like the triath- uatlon, for instance, that was handed to me by the Exllter of the Patriot a few days a-zo in speaking of applications coming before Ad- justers under the Farm loan Act. When I was the House for information I gave transaction, about the two and the type of information that the editor of the, Patriot pointed Mr. ltor and his mport draft and current making $1,191,000. After called for tenders for totalling $600,000 which was received no firm bids. They say "Why tendering for these bonds. bonds." Till-I BANKS ATTITUDE negligent, bn the open market couldn't get anythl , ber 1981 Falconwo destroyed by fire and it something towards the tlon of that institution. shock the the Treasury He stated that was oonaldcrabl! Bank waa not MVP! what? That that the Bank 1t didn't bother do to $.09 year bonds, and they coat this statement about. someone who ll in Mr. McIntyre: “Increased M Province 6,07. distress, I accept his statement. I rents on gasoline. that, la correct.‘ That small borrowlnl was only don't know ofva can when any Premier Maouillan: I can new" a tam alleviation because the Member, no matter what aide he ally produce flafemonlg that l mg; within a few daya was wu on, tried to make any polltl- make. I have c filo here of corres- _ the destruction of Prince of Wales cal capital out of direct relief. They pondenu which has been going ol are all carrying it out, from a nu- for some months with the Exprerl asked by a Member of it. I thought I had. The Patriot says that I didn't know anything about it. "The Premier showed he didn't know very much about; the Acts, he hands out ls typical of inform- ation that he hands out to the public." What do you think of that. Mr. Speaker, to be catechlned by on a statement of that kind? Whenthls Government assumed cfllce we ap- Paul Blanchet. Chart- ered Accountant, as External Aud- iecelved on November 16th, 1991, showed the Province to have a bank over- liabilities amounting to $1,191,000. That ls the Overdraft I have referred to of One Million Dollars plus unpaid bills taking over the Government and before the External Auditor's Report. was received. the Bank on October 15th, 1931, raised the rate of interest on the Overdraft from 5-per cent to 5 1-2 per cent and I will ask my friend, the editor of the Patriot, to‘ take particular note of that because ln dealing with the matter he said we were paying 5 per cent to the bank. I want to tell him that is the date when the benk lrrreased the rate, October 15th, 1931. In order t1 reduce the enormous overdraft left to us a5 a legacv by our p".e"'eces- 501's, on December 4th, 1931. we debentures the most we could borrow under exist- ing legislation at that time and we didn't you call for tenders on this million dollar issue?" We called for tenders on $600,000 in December and we re- ceived no flnn bld at all from those bond houses all over this country which they claim didn't get n chance to lender on a mllllon dol- lars. When they had a chance to tender on $600,000, they didn't give us a llnn bid, Mr. Sneaker. One firm sold "We have been ln touch with one of the largeat Investment banking houses ln Canada with a view to having them join u: 1n The attltdde they take is that owing to the uncertain market condition: today they do not feel fulfilled In making a firm bld." Another Ilrm aald: "On account of the uncer- tainty of the market we would not care to make a firm bid for there They say we were incompetent, bungling, when we tried for tenders and In Decem- I-Ioapltal was was neces- sary to make arrengczirrzta to do reconstruc- The next- Government received was on January 6th, 1992 when the Manager of the Bank of Montreal by appointment appeared before Board of this Pro- vince and drew attention to the very largo overdraft being carried- uolooa the overdraft reduced, the red to [not credit In connection with capital gxpgnfllflfle required f0! "If! I6- construction of, ralcoowood Hos- they say, Mr. Speaker, it was a strange thing bothered us when thorn. We did issue boo amount of $150000 on the 26th or January at 691% twenty . ‘Ihenthelafe Pre- Premier Bank sent down a blank form to algnfor Ono Million Dollars at a blank price and there the Govern- ment balked. They were not going toscllouomllllondollarsworthof bonds at. aprtce which we did not know, and whilrtbat negotiation wasgolngonandbeforouiydeols- ion was reached, the nrrn of Gard- iner 8e 00.12am: aorou with an odor for $250,000 '6 you 6W!» bonds, and after consultation with some of the syndicate and not being able to get any satisfaction we sold that one-quarter million 11v: year 5$4% bonds and they cost us 6.14. Now a abort time afterwards the purchasers of that block came back again and they offered for the $1,000,000 5W2, fifteen year bonds at 97.72 and this is what we cause it was costing 6.26, and we afterwards sold 6% fifteen year bonds at VH2 and this ls what we are hounded for. You will 11nd it in so many issues of the Patriot- that I think even my honourable friend the Leader of the Opposi- tion got disgusted with it at one time. 'I‘hey were subtracting 6% from 8.12, which they say this issue netted and" they were saying "Look 51/17, and 6.12. Look what they lost. over 1.6%." You don't got the value of bonds by subtracting with- out knowing the coat price and the years the bond ls running. How- ever, we sold this on the advice of the bank. They advised us to take fifteen years bonds. We took 6% bonds because they were cheaper than 514% bonds. That la what we are criticized for, and part of that money went to redeem the lsauo that was put out by my honour-ab] friend the Leader of the Opposi- tion when he was a member of the Bell Government from 1919 to 1923. They issued bonds—" Mr. Lea: "Post war years." Premier MaeMlllan: "Well 1931 is a post war year also." Mr. Lea: "Not. quite so close." Premier Macmillan: But ~whlch was made while he was Pro- vlnclol Treasurer was also a 6% Issue, as ours because ours they were thing he did himself. (Applause)- LIBERAI. RESPONSIBILITY SIIIBKED money market had performed they could have they have intended to deal left it to us to they try to hound be proven from of this country. of It and they meetings in this thing wrong, clal Treasurer I take full btllty for any since I became eminent, whether I am a right though, when we last summer at 4.06. dealing with the bank. sued another got. them at "Why bonds?" 9.97. That In only Speaker. (Applause). NEW PROBLEMS best to run manage this economy. We have bod deal of new and unnecessary lema to deal should not say unnecessary, new and unusual problems. great problem. lng with 1t now year $39,000, knowing that any other part clam that a great many celve relief who don't deserve It is a question ined this matter in a different ways. We take of Members of whenever a Member politics be la on, ‘IIIIUTI ‘I0 CLIIGY W! lot’ thou cefor ITQ llllfldl badwitbthoBanLTho] too close for you, because this issue but they say it ls not as bad 00st 6.12, but both put out at 6% and his lsaue cost 0.11 and ouu cosh 0.12 and they condemn us, he con- demns us for doing the very some We had to lsaue bonds when the waa bad but if they their full mponal- blllty as servants of this country looked after the overdraft when the bond market wu good. But no, Mr. Speaker, as admitted, they didn't want to call the attention of any one to that overdraft, but {f they had been returned to power they with 1t, but they deal with in the worst time in the country's history, with fire losses and with depres- sion. the very worst time, and then us for what, we did. As I said this statement can the public records That la the history try through public country to give the impression that, there was aome- somel-blng shady about this transaction. As Provin- responsi- flnanclal transaction Leader of this Gov- business man or not. It was all issued bonds It was all right when we were not. satisfied 1n We couldn't. get a sufficiently low rate 1n deal- ing with the overdraft and we ls- half million in order to clean ulrour overdraft and we 2.97. And they any didn't you take fifteen year We couldn't get them at reasonable, Mr. "We have endeavoured to do our this Province and Government with a great prob- wlth. Probably I but This question of direct rebel is a very We have been deal- for some years and it is growing year by year. Last we spent more than ever- but we have satisfaction in our relief problems have been handled more economic- ally ln Prince Edward Island than of Canada. I lay that because you will hear criti- peoplo re- lt. gu how many in this Province are getting relief who don't deserve 1t. We have exam- Krllt mill! the advice be this House and comer in, I don't care what ride of manltarlan standpoint. 0f course. than may be an exceptional cue. advice of clergyman in thin Province and we owe a debt of credit. gratitude‘ to crgymen of this Provln the interest they have takm in the poor at thin particular time and I know perlonally that mmy of them have given beyond their means out. of their own mea- and the offerings they ‘ m from their parlance until they leave themselves dependant almost. for the inmost they have taken in the poor at this particular um, I110 Ill public slur, We have uscd .1“ Mounted Pollen to investigate , great many hundreds of cases u Province where‘ they am“, to be what you would expw or did not fool sure about. In w. sections there were so m“, applications coming in that yo, wothank liens. I my It h a oredlt tot-he poem“ jbll Province that throughout c“. adaourrellcf problemhubsq," small and that we were able u; m along no economically. w, h“. bad no investigation info u“ fraud: they have bad 1n m,” Provlnooa. We have none of that in thla Province, (Applause). TAX COLLECTIONS 1 l-m 801118 F0 give you these ng. urea as an example of our endeav- our to collect taxes in this Pm. vince- If you take the Public Ac counts for the last few years you will find that in the collection o1 taxes, take those items, real estate including land, income tax, road tax, in 1930 the amount collected was $161,428. In 1991 it was $1311. 798, u. 19:12 $153,378. in 1933 $1551. 025. and in 1934 $160,016. That is on there items we collected as much last; year as in the year 1931. Be- sides that we endeavoured to col. In 1931 wr collected $19,444, 1n 1931 $44,159 in 1993 $47,000, and 1n 1934 we col. lect arrears . of taxes. lected $66,352. Mr. Lea: “Would my honourabl. friend tell us what proportion of that was cash or road work, o; both." Premier MacMlllanz $8.000 last year, collected year 1921. our people have fal‘-- back desperately bad when on gener year since 1990." died." Premier Macmillan: control over that." Premier Gvv rnment l Premier MacMlllan: flcult to counteract. 003E501‘! MISSTATIRIENT “There was one criticism, 1 fora get where 1t was made, that wbai we got. the insurance for Mono- wood and Prince of Wales college we put that in the pm]; and N. oetved ordinary interest on it o4 about 2% that would be paid to ‘- recs we should Well, I am afraid that the statement was made in error, booauao that l: The amount of luau-moo was placed in our abort term loan account and as such it went to reduce the bank overdraft and as such was credited vztt-l-i 1n- lerest at the rate of 555%, the some as bank overdraft would be. It was a bookkeeping arrangement, wan credited with tho amount of interest and thou it was applied h Ila proper purpose when the time coma any deposltor, have reduced our overdraft. notthoooaoatall. ao that the lnsuraaioo around. Some questions have been iukeo about the Department of Fisheries, to know what tlui Government ever did for fisher- men. In fact, my friend the Ex- Thoy want Minister of Public Works, nt meeting at Mount Stewart, f think else, blamed me for cousin: an illlllry to the fishermvl somewhere 9*‘ of this Province. your statement." ppoae you will accept meut of the Patriot. to lnlum them." whether lt, has been oulty in getting thou reduced because the lab he aloha of ‘our no bank But i! you want examplu of ohar- Oomnlh and American Rallvlfl‘ vita rqnmumlvu of 0n m- m to the clmmon no you Oom .w¢ found um we we" ma! Golapanyf r wu uroo- will find them. We thank the!!! up anion that, and 1 on all ‘ (oontiriued on Pain 7) "It is do tailed in the Public Accounts as a whet part was paid by labour, 11,. rears paid by labour there was “Now in the two items of gen. eral taxation and Successio Dut- ies, last year on general taxes Wf $161,016, on Successful Duties $50,462, on both items $211,. 468, which is the greatest collec- tion on those two items since thi So that you can't sq taxation they have increased every Mr. Iea: "A lot of the rich haw "Of course the Government wouldn't have Mr. Lea: "They got the money.‘ Macallllan: . "I don't know whether my I-Ionourablu Friend wants to blame that on tin Government (Lairzhter). He wann to blame everything else on tho Mr. Iiea: "I don't know. on thi medical end of it. perhaps we may." “Another item which is growing year by yem is the amount paid for Juivenlle dc- linquents. In 1929 and 1930 my Honourable Friends spent $1,479, since that time we have spent $12,094. It is not an loam that is particularly nice. It shows a ten- dency of youth which it is so dif- Mr. McIntyre". "Bo careful about Premier MacMillan: "All right, ‘l the state- “Mr. James P 1401111376, M.P., in the course of 1 brief address claimed had it not burr for the Opposition they would not hing ‘this season. n: charged that the present Premlel Companies of Canada, to 0nd out 1m been difficulty. ‘rum b dim" express rate or t0 if