%.^ % i9 // ^. A 'c^, o 7 ^ ^. //a IMAGE EVALUATION TEST TARGET (MT-S) 1.0 I.I *" IM [[[[[ 2.2 I: sifi 112.0 1.25 1.8 JA mil 1.6 Photographic Sciences Corporation 23 WEST MAIN STREET WEBSTER, N.Y. 14S80 (716) 873-4503 /. V C// :/. i^ £>• &0 % i:r ^ iV '^# \ \ #^ 6^ -^^/^^ % ^^ ^ A^ t!? i^ ^, o \ CIHM/ICMH Microfiche CIHIVI/ICMH Collection de microfiches. Canadian Institute for Historical Microreproductions Institut Canadian de microreproductions historiquas 1980 Technical and Bibliographic Notes/Notes techniques et bibliographiques The Institute has attempted to obtain the best original copy available for filming. Features of this copy which may be bibliographically unique, which may alter any of the images in the reproduction, or which may significantly change the usual method of filming, are checked below. L'Institut a microfilm6 le meilleur exemplaire qu'il lui a 6X6 possible de se procurer. Les details de cet exemplaire qui sont peut-3tre uniques du point de vue bibliographique, qui peuvent modifier ura image reproduite. ou qui peuvent exiger une modification dans la mdthode normale de filmage sont indiquds ci-dessous. D D D D Coloured covers/ Couverture de couleur Covers damaged/ Couverture endommagde Covers restored and/or laminated/ Couverture restaur6e et/ou pelliculde Cover title missing/ Le titre de couverture manque □ Coloured maps/ Cartes g6ographiques en couleur □ Coloured ink (i.e. other than blue or black)/ Encre de couleur (i.e. autre que bleue ou noire) D D D D Coloured plates and/or illustrations/ Planches et/ou illustrations en couleur Bound with other material/ Relid avec d'autres docL nents Tight binding may cause shadows or distortion along interior margin/ La reliure serr6e peut causer de I'ombre ou de la distortion le long de la marge intdrieure Blank leaves added during restoration may appear within the text. Whenever possible, these have been omitted from filming/ II se pe-' \ue certaines pages blanches ajoutdes lors d'une reotauration apparaissent dans le texte, mais, lorsque cela 6tait possible, ces pages n'ont pas 6td filmdes. □ Coloured pages/ Pages de couleur □ Pages damaged/ Pages endommagdes Pages restored and/or laminated/ Pages restaurdes et/ou pellicul6es E Pages discoloured, stainad or foxed/ Pages ddcolor^es, tachetdes ou piqu^es □ Pages detached/ Pages d^tach^es Showthrouqh/ ransparence □ Quality oii' print varies/ Quality in6gale de I'impression □ Includes supplementary material/ Comprend du mat6riel supplementaire D D Only edition available/ Seule Edition disponible Pages wholly or partially obscured by errata slips, tissues, etc., have been refilmed to ensure the best possible image/ Les pages totalement ou partiellement obscurcies par un feuillet d'errata, une pelure, etc., ont 6t6 film6es d nouveau de fagon 6 obtenir la meilleure image possible. D Additional comments:/ Commentaires suppl6mentaires: This item is filmed at the reduction ratio checked below/ Ce document est film6 au taux de rdduction indiqud ci dessous. 10X 14X 18X 22X 26X 30X V 12X 16X 20X 24X 28X 32X The copy filmed here has bean reproduced thanks to the generosity of: Library of the Public Archives of Canada The images appearing here are the best quality possible considering the condition and legibility of the original copy and in keeping with the filming contract specifications. L'exemplaire fllrn^ fut reprodult grflce d la g6n6rosit6 de: La bibliothdque des Archives publiques du Canada Les images suivantes ont 6t6 reproduites avec le plus grand soin, compte tenu de la condition et de la nettetd de I'exemplaire film4, et en conformity avec les conditions du contrat de filmage. Original copies in printed paper covers are filmed beginning with the front cover and ending on the last page with a printed or illustrated impres- sion, or the back cover when appropriate. All other origin'il copies are filmed beginning on the first page with a printed or illustrated impres- sion, and ending on the last page with a printed or illustrated impression. The last recorded frame or. oum^ r>iK jfiche shall contain the symbol — *»-(mea..ii 3 "CON- TINUED"), or the symbol V (meaning "END"), whichever ap^^lies. Maps, plates, charts, etc., may be filmed at different reduction ratios. Those too large to bv^ entirely included in one exposure are filmed beginning in the upper left hand corner, left to right and top to bottom, as many frames as required. The following diagrams illustrate the method: Les exemplaires originaux dont la couverture en papier est imprimde sont filmds en commengant par le premier plat et en terminant soit par la dernidre page qui comporte une empreinte d'impression ou d'illustration, soit par le second plat, seton le cas. Tous les autres exemplaii^es originaux sont filmds en commenpant par la premidre page qui comporte une empreinte d'impression ou d'illustration et en terminant par la dernidre page qui comporte une telle empreinte. Un des symboles suivants apparattra sur la dernidre image de cheque microfiche, selon le cas: le symbole — ► signifle "A SUIVRE", le symbole V signifie "FIN". Les cartes, planches, tableaux, etc., peuvent dtre filmds & des taux de reduction diffdrents. Lorsque le document est trop grand pour gtre reproduit en un seul clichd, il est filmd d partir de Tangle supdrieur gauche, de gauche d droite, et de haut en bas, en prenant le nombre d'images n6cessaire. Les diagrammes suivants illustrent la mdthode. 1 2 3 4 5 6 "VeAD t he RE CORD! iB MoDHl Policy YS. ilie Cariniii M . THE TWO I»Oi:^ICJlES C!OIVTIlA.STJ3l:>. IINBBK KKVBNUI U9lff. Period 1876 to 1879. No CsnwliMi P«clflo nilw»7. Oalr 6,184 mtic* of rmllwa; in O t nM i Railway receipts weekly diminllliing. Font per cact. lM>nd< of Oanad* quoted «t • Mow par. Cartwrlglit oould only Ret £»l for each £100 bond. Gartwright liad to pay four and a lialf millioD doUnra in ahaTM to ttio money brokers for hit loan*. Credit of tbe oouutry down and going down rapidly. Net Intereet on public det>t, 11.09 per head in 1878. Net Increaae of Intereit paid per head during period 26 cents more in 18T8 than in 1ST3. Increase of net interaat amj yaar of period. Depression ereryvhere in BuHlness at a standstill. Ueal estate lower than ever l>efor« known. Stock* of public cumpanles away down ba- I lor par and liard to diapuse of. Batk and Dominion note olroalatlon de- I creasing. Diacounts decreasing. Nine thousand traders teil in flr* jmn. Their iUbillties arerage faT,000,000 a year. Savings bank deposits dwindling month after month. luaurancee — Are aad life — being droppeii through the iwTerty of the people. Cities increasing In wealth and popolatlon (lowly or not at all. Soup kitchen haslnass llTaljr. Artisans withont work. Laborers out of work demanding braad. Their children starring ; clothing dau and HO money to buy It with. Everything languishing : Railways, banks, public conpfaiM and iwsnl boalBSsa. The people tlss In their might and loru oat thaOrlu In Itn. Sill the party of hypooilir. DNDU NiTI0i4L PULUY. Period 1880 to 1886. Oanadicn Pacific railway flnlsbad. Nearly 12,000 miles of railway In Oao- Bailway receipts weekly inci easing, though rates mLcb lower. Foor per cant, bonds quoted at 7 atom par. Sir Leonard gets aprsBinmof£l U 8^ for each £100 bond. He secnrrd bis last loan at a gain in premiums of f 123,000. Credit of the ooontry up and rising rapir'.lv. Net interest per head (lu 188S), $1.68, though fifty-three and a half million dollars has beun added to the public debt for public Improvements. Net interest per head remains the same (91. S9) In 1886 u It was in 1879. Deciease of net nterest erery year of period except 1886-6, when to complete the Canadian Pacific railway five years before contract time tbe whole of tbe subsklf was paid. Confldduoe and a buoyant spirit througb- OQt Canada. Bubiuess brisk and sales lively. Baal estate bringing high price*. Stocks bringing good prices and above par. Bank and Dominion note oironlallon In- oreasiug. Discounts Increasing. Only six tboaaand traders fall In hIx years, with 30 par cent. Inc.^ase In number of traders. Their liabilities aveiage only 910,000,000 a year. favlngi haali .Ir^lts Inorataing month after month. Insaranoef ort >-cd eve- lud life — greatly 7er preceding year. In- Citias iDcraaaing rapidly !n wealth aid population. Hoop kitchen Indnstry gona into insolTanoy for want of applicants. Artisans fully employed. Laboran at work on gaod wagaa, Qood prospects for the boys and gtrl* ; clothing cheap and money plentiful. Kverytblug active i Itallway eainlnga grrat- ly Increased ; bank buttuesa develo|>«d ; great Inoraaae In number Incorporated companlai, and ganeral business thriving. I8S1— People again aadorsa the National Party. 1887— Paople will do aa they did in IStt aad In 1878, only mnob more so.