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MICROCOPY RESOlUTtON TIST CHART 
 
 (ANSI ond ISO TEST CHART No. 2) 
 
 1^ 
 
 lil^ 
 
 1^ 
 
 1^ 
 
 m 
 
 1*0 
 
 12.0 
 
 t25 i 1.4 
 
 1.8 
 
 1.6 
 
 ^ /APPLIED iN/MBE 
 
 '653 EosI Motn Street 
 
 Rochester, New York 14609 u^ 
 
 (^16) 482 - 0300 - Pdone 
 
 (716) 288- 5989 - Fo. 
 
(- AXADA 
 
 BUDGET SPEECH 
 
 '"■: . ^ i:i;i:r) i:v 
 
 ll<»X. \VILLIA.M S. rii;LI)|\(;. ]U' 
 
 MIXISTI:/; OF FIXAXCE 
 
 i.v Till-: 
 
 HOUSE OF COMMo:Nr 
 MONDAY, MARCH 17 
 
 s 
 
 1902 
 
 OTTAWA 
 
 '•K.NTKO BV S. K. .,.UVSUX. ,.K,Vn.:K TO T.,,: K,X<;s MOST 
 KXCKLLKNT MA.rKSTV 
 
 ] 901' 
 
BUDGET SPEECH 
 
 i>i;i.n : i.i:i) hy 
 
 HON. A\^ILLIAM S. FIELDING, M.R 
 
 -MIMsTKIt OF FIXANCK 
 
 IS Tin; 
 
 llOL^SE OF COMMONS, MONDAY, MAUOII 17. 1!>02 
 
 V. '^.^f ,¥^^'^^''^^^ OF FINANCE (Hon. W. 
 o. Fielding) moved ; 
 
 That tho House reiilve Itself Into Committee 
 to consider the Ways and Means 'or raising 
 the Supply to ba granted to His Majesty. 
 
 He said : ilr. Speaker, it is my iiappy 
 privilege to present to tlie Uouse to-day 
 another chapter in the continued story of 
 Canada's prosperity. A year ago, when 
 speaking on an occasion similar to this 
 and congratulating the House on the theii 
 happy state of affairs, I expressed the opin- 
 ion that the country had about reached the 
 crest of the wave of business activity. I 
 did not anticipate any Immediate depres- 
 sion or any severe depression at all. What 
 I suggested was that we might look for- 
 ward to a period of check, a period during 
 wliich we woulu not continue the rapid 
 advance of the past— a pe' iod of rest after 
 which the Dominion wouid again go for- I 
 ward by leaps and bounds. Some hon. gen- ' 
 tlemen opposite thought that my view was ■ 
 too hopeful. Their observation of the signs 
 of the tim3s led them to believe that we ! 
 had already entered upon a period of de- ' 
 I)i-essIon. In view of the operations of the 
 .voar which has since passed and of the 
 present outlook for the future we are able 
 ti) see that my own anticipations and those 
 of my hon. friends opposite have both been 
 iigreeably disappointed. The business con- 
 ^!it!on of th? country has proved very catis- 
 factory, better than my own expectations 
 much better than the less hopeful views of 
 my hon. frlenda on the other side. In a 
 country so vast as ours, with such varied 
 conditions, It would be too much to expect 
 
 that every section and every iiidi-stry 
 
 would be able to i:iake the same gratlfyiui 
 
 report of prosperity. But I think 1 calf 
 
 i;uly say that during the past few years 
 
 we have approached as near to that happy 
 
 condition as could reasonably be hoped for 
 
 In nearly all the great branches of industry' 
 
 the past year has been one of activity and 
 
 prosperity. In the paramount industry of 
 
 agriculture, which must long continue to 
 
 be the very foundation of our nrosperlty. 
 
 tlie results of the year have been most 
 
 gratifying, especially in Manitoba and the 
 
 North-west Territories, where Increa.sed 
 
 acreage under cultivation and a most 
 
 bountifa harvest gave us vast storerof 
 
 grain which have taxed our facilities oT 
 
 transportation to the utmost, and warned 
 
 tho"''' i.l'"^*''" provision must be made for 
 
 the handling of the treasures of the great 
 
 west. ^^i.--**!. 
 
 The one disappointing feature of the 
 years affairs has been the census returns, 
 w hich show a growth of population some- 
 what lese than many had hoped for. But 
 while these returns are for the moment 
 disappointing, they are by no means dis- 
 couraging. It is well known that during 
 the first part of the ten years term therf 
 was comparatively little development of our 
 country. But for the last five years Can' 
 ada has been making very rapid advance 
 If It were possible to di.scrlminato i.. t'-o 
 census between the two periods, it would 
 probably be seen that practically the whole 
 wf/h.r.,,'*' P'>PH''»t'o" has taken place 
 that light the returns are encouraging. For- 
 tunately, the condlOon of Canada In recent 
 
year has been euch that no statistics have Khmi- 
 beei. needed to prove Its proj,'riss. The 
 activity that has prevailed In all parts of 
 the Dominion, the large enterprises that 
 have been uiuiertaUen, the continued de- 
 mand for labour— all these prove bevond 
 qnestlon that Canada has recentlv booii de- 
 velo|)inK rapidly and Kive us everv re.ison 
 to bi'lieve that when the next census li 
 taken the result will be satisfactory. 
 
 From the financial point of view, Mr. 
 Spealcor, the results of the year were ex- 
 ceedluRly satisfactory. We had a revenue *i 
 of $52,514,701.13, a little less than my anti- } 
 clpatlons. but considerably greater than ihe i 
 revenue of the previous year. It will l)e I) 
 Interesting to know that this Increase In 
 revenue comes to us from all the different '^' 
 classes Into which we divide our receipts as 
 appears by the following statement : 
 
 pr.s 
 
 KMi i:hi 
 ' Mir. 
 
 1 ('■■li 1 1 ■anil witli 
 
 I>'.l:i I^KKI. 
 
 l-l- 
 
 V. 
 
 1 : " « I 
 
 HHJl 
 
 ii«t..iii.. 
 
 i.lilWMV 
 
 "in i !] 
 Laird- 
 isr,.|lali 
 
 -■s..iri.u: 
 
 :i.v;s.ii7.-, 
 3. LNir,. .■.;;■, 
 l.:74,Hi'J 
 
 -'■•<. I--'.".. 
 I",:;is- 
 
 ii.lll. 
 
 •M.'i;i, 
 
 ct.-. 
 ^ I -J". 
 
 LSI L>» 
 
 I III! 
 
 ■nli> 
 
 iiK'iia-'' 
 
 .M.i»; III 
 
 I.'^MIHI I,- 
 
 t:!:i.-j|',i jj 
 
 l.:iss,(i-.>.i 
 
 .".•ll'o.ii.O 
 
 I, .",17., 
 I.i'-.ii,!'!'! (iL'.V.'..M 1,7(11 i;; l,isi.707 II 
 
 .".111 .V. 
 
 I'.li.-IO 71 
 
 17.\s'.i") o'l 
 
 •'I'liis iiicliiili- ■ laiiw.iys Lilly ' laiials i 
 
 These increases are all Interesting, but 
 some of them are worthy of special note. 
 The excise duties are alwa.vs interesting, 
 not only because of the amount of duty In- 
 volved In them, but because they show the 
 consumption of certain articles which enlist 
 
 i>^ illLlll'liil ill Mivc.|!aM,uu>.' 
 
 a good deal of attention In the countrv 
 Whether or not It will be gratifying to make 
 the statement, the fact must be stated that 
 there has been an Increase during the year 
 in the receipts In all branches of the excise 
 duties, as appears from this table : 
 
 KxcisE DiTiKs, iDoti r.mi. 
 
 (JlANTITY. 
 
 1)1 TV. 
 
 Spirits 
 
 Malt 
 
 CiK'iir" 
 
 Cit'arfties 
 
 Tuljacco ami .-niitf . 
 Uaw leaf, f i ircig-u . . 
 
 . (iallc 
 
 Ll«. 
 i\o. 
 
 Lbs. 
 
 2,(;.")!t,038 
 
 <iO,2H4,(MH 
 
 i;W,041,7»7 
 
 110,0(;i,522 
 
 10,81<1,8,")4 
 
 !i.;r)L'.r);{.-i 
 
 2,«r..S,9.")0 
 
 t)4,723,')l« 
 
 141,(i;t«i,88!t 
 
 i2i,;iH;f..->«4 
 n.;i30,;i45 
 
 9,S48,,Hii;i 
 
 Slli) I«,H)0 
 
 l!HM»-l'.KIl . 
 
 ISfitr.AHr.. 
 
 .•>1 
 
 »* 
 
 .? 
 
 4,H1H,S4:' 
 
 5,178.275 ; 
 
 ;«9,4-i;i 
 
 !HM,2li2 
 
 !t70.8.V) ' 
 
 t;ti..v.i:; 
 
 8n,t!12 
 
 822. 7: w 
 
 11.121; 
 
 :«7,L'r.L' 
 
 ;{(i2,t>2ii 
 
 15,37 1 
 
 2,:ilHi,M()l 
 
 2.:'.<I8,4(K) 
 
 1,M'J 
 
 •.i71.!»77 
 
 l,02C.,2r,5 , 
 
 54.2.S- 
 
 I give these figures because, as I have 
 stated, the growth of trade In these articles 
 Is always a matter of Interest, whether or 
 not it meets with general approval. There 
 are one or two other Items In the revenue 
 which are worthy of special note. I think 
 my hon. friend the Postmaster General has 
 reason to congratulate himself on the state 
 of the post office revenue. There was an 
 Increase of $235,909.77 in the revenue of 
 that department. The post office receipts 
 as shown in the books of the Finance De- 
 partment amounted to $3,441,504.93. The ex- 
 penditure, by the same account, was $3,- 
 939,440.01, showing a deficit of $489,941.08, 
 according to the books of the Finance Ue- 
 purcment. My hon. friend the Postmaster 
 General has In his own report drawn at- 
 tention to the different services performed 
 as compared with the services of former 
 
 I years, and In that light has made out a 
 ! more favourable statement But I give 
 the figures as they appear In the books of 
 the Finance Department, and they repre- 
 sent a deficit for the year of $489,041.08. 
 It Is of course quite a large sum; but when 
 we remember that only a few years agn 
 the deficits of the Post Office Departmein 
 were $700,000 and $800,000 per annum. If 
 there was nothing else to explain the mat 
 ter, thlo reduction down ta $489,000 wouM 
 be a remarkable reduction on which niv 
 hon. friend the Postmaster General mlgli; 
 well congratulate himself. But when \\v 
 are able to go further and show that Ii 
 the meantime my hon. frlond Jjrs mor 
 than cut the English postage In two, au^ 
 that he has reduced the Canadian postag 
 one-third, that he has practically cut of. 
 what somebody else has described" as a mit 
 
to_ n,e m,ai..,c.r in charge of that ' lei/'.n- 
 1 aui alad to be able to siv tlm i ■ . 
 
 1.^. to-day, will, a u,mcahuJ'r[i,J°, 
 
 ..i<;h/^;.»l. '^'^ JJepartment durini: these 
 t'iglit mr'nths amounts to $45 000- hnrfh! 
 Increased revenue for tlies.. «i^i V *?' 
 
 nmounts to ?2«).^ ; so that i f H,.."J.?''''' 
 
 Sf;\s/r'..^vjrrHTif3 
 
 He hear very much of a de icit on /-.Yi 
 
 -ipts for railways were W 4^ 4t" ..l":; 
 y'<r. the rcc.ii.ts were .Sr,.-i.-?;5,S ''4 m ,' 
 Hvase in live y,.;,rs of ^^^...T-T^r. r;'" " ; 
 t!int if my hon. friend the Minis er'of' Rm'i 
 
 . ..nnection with the statement of s vc. r' 
 i would invite attention also to the onnr.,' 
 tins of th.- railways for a ner „i nV ' 
 
 !^'^%°° the Intercolonial Rallwav ^^ZJi^^^^ 
 
 fiscal year my hon.'wenl the Mfnl^ste'roJ ' 
 Hailways and Canals will hive a faVy j 
 
 -leiicit of f.S.&r''' '■'""■• "■"'•''• ^'"'"■'•*' • 
 
 Our expenditure on consolidated fund for 
 
 '-'ear past was m.H>V,.-Ml.H-i, as «^"alnst 
 
 the previous year, *4- !)7r,,-7!).r.l si ""' 
 
 M.. "f;":;r'r \i '^^"'■'""''■^" - e^uZ. 
 
 "•;'<! tund for the year of .$.'I.s;ii o.ss 3a 
 I 1 en. have |,e..n s^me Increases In many 
 ' f th,. .lepartments. In IcKislatlon there was 
 ■•'" "I'T-ase „f ?;5tL'.4-4 an Item d , [o eir 
 ;;"nsiai,ces wlii.b are prol,a!, v o, er llv 
 
 iM.lersrood. In arts, apiculture and stat/ 
 t.es uiiich Inclu.ies the census. re wa. 
 
 -nals. collection-that-rthe v r M l^- - "A' 
 H;nses of the Intercolonial Kallw v-U,ere 
 «as an Increase of Jfl.KW.C.iu lu," Vs r 
 
 wnriJ-L 'n'T-ased receipts. In pul)Iic 
 /,, •' -.J" t*"^ government of the \orfh w..Hf 
 
 '■;"rSt'il-"3'4"-Ii"'''^.'^^''^''-^^^^^^^^ 
 
 ,!^L f *1'3-431, which, howpvor, comes 
 
 bnndsom:.'^. "^ ' ^^^^ ""--^^ show'n.T;; 
 
 I have prepared a statement of comnnrison 
 
 • nit.i ^^ """''« "P ^"liat are callwl 
 '■ipital nnd special charces 'Pii,. „ ■ 
 
 r^s-s^Hr-'Sr^HaSi 
 
 ^..4. - ra..:!:n«i:^I^Ier?i^.S' 
 Sda fcharLr'n',';/; '^"P"'"' el-r^eri^ut 
 discussio 'these IVVf^'TT "' ""'• 
 Charges inasmuch as they^V",'*; ,h''''*"' 
 
 was^ an exp ndi[^,r;-rno;jr';;r>3^^;T! 
 
 ')H).,)0. an increase of <(;<i- 1 1<- in , ' 
 canals «•> -Jcn rwo o<V "r 5''<a.,n(,.n) ; fop 
 ') -.m. *— * '''■•"•''•^' : « (lecrease of <i'>TS . 
 ••J->.04; public Works. SI Ooc'tVi •'<;."*' 
 '■•■•■I'oase of .?8-.' S4.3 <)()■ i w „ . ' ? = " 
 
 ?:^;n.O.,u.). ar-lncrease 'T'^i-^- il'i;^ 
 mil,,,:, .5130.884,70. a decrease of .forlr' : 
 •Ti'l Canadian Paeiiio Hailw-.V ,, ,.' 
 
 item of $8,078.87. an increase of SS 74" -/•' 
 
 .«^(M'!;Km'''Thtn^ there ^?" Jr'''*'-''-'''^ "' 
 oxpendituros that I Inve H"",, 'r^'"' 
 follows: Uailw..y subsidies." $2 5 I^'^-'.s S,! 
 ..s ajrainst $7-.-,.720.35 for h'So^ m^^*^" 
 In.rease in that Item alone of « to?. 
 noani For the South M^l^an' jy^l:U 
 
 we take the total capital and spe'cfal ex 
 ppnditures. which, practicallv we frlf„f 
 capital in our discus'slonrwe flTd That tSI 
 
expenditure wr.s In ISJOl. * ll,llti.45KS.<!2 dated fund, cnpltnl. gpeolal and -U clawes, 
 
 npalnst fO,74_' IN. .'«. nn int-rensp uiuUt the total osprnilUure for the y^.ir 1000-1 
 
 these heads r $1.3"4.ail.2'J. If we Uike wag $.'.7.fW_'.«;ti.4tl. an increase In the total 
 
 the aBKrc};at.- expenditures, that is consoll- expenditures of all classes of |r>,2(K,899.<12. 
 
 KM'KM.III hy.. 
 
 I.V.I'. I I'.Klil. 
 
 I:«ii 1. 
 
 lllltiM,!., 
 
 ColLsiiliilati'il Killiil 
 
 C'aiiital - 
 
 K:iil«:i>> 
 
 Cuiial>. . 
 
 I'ul.lii. \Vnik« 
 
 Doiiiiiiiiiti I.anilx 
 
 Militia 
 
 ('aimdian I'acitic Kailway 
 
 Total ('a|iital 
 
 .S|M-cial - 
 
 Kuilway Siili»i(!i('s 
 
 Siiutli Africa and Halifax (iarri.^.m. . 
 
 T..tal S|».cial 
 
 Total Capital and .'<|i».<ial 
 
 Total Kxpttiditiiri' of all kimlw .. 
 
 ■iL'.'.tr.V-T'.i .".1 4i;,s(;';.:ir,7 ,k4 n,,H!ii,»»«fN m 
 
 ■^.^.v>s,^^<^l .d ;i.iiu.oi(i ."xi ikkmih V.> 
 
 ■_',r.:!;i..M'i4 it.'t L'.;ti.o..'ii)'p s!) •>7sm'p-, oi 
 
 l.iwi,,s'.>7 •J"! i.inh;.'.!^;', ;{!) /, ".s-|^4a -Ki 
 
 l;i!i.47li (!'.» L'll'.'.iHKi 'Ml 1HI..MH) H\ 
 
 L':i"t,K%(i M i:i."i, .■<,■< I 711 !ii,;>ii."> 7" 
 
 •-•;«; 11 s.!t7,s s7 s,74'} 7t'i 
 
 7, iiis,si;t :.>( 7,iinri,4s« :)4 
 
 ■i2r,M'< m 
 
 72o.7-.'ii nr. l',:.h.',3l'.h Ml i.78t),( 08 :>i 
 
 l,r>47,t''l':i 74 '.HiStiM 42 (i;W !t4-_' 
 
 L',:.'7:!,:i44 ic.i .s, 421.010 ^s' i,!47,ti(ic I'Ji 
 
 i,H74.:m --".tj 
 r.,i'iM.3iKi a-A 
 
 ujvjAHT :f.t li.U(i.4s« It 
 
 5l'.717,4(J() S4 r)7,9.S2,MMi 41 
 
 It win be noticed that the largest Item of I come now to the question of the public 
 
 Increase In this statement Is on account of . debt. The net debt on the 30th of June, 
 railway subsidies. As I have pointed out ' IWl, was $208,480,003.09, while the corres- 
 
 we spent last year $2,512,328.80 on railway P<""l'n>.' debt of the preceding year wa- 
 
 subsidies as against $725,720.35 In the pre- $2«5,4»3,80G.89, making an Increase In the 
 
 vious year. It may be interesting that 1 "*^^ ^^^'^ °^ $2,980,190.80. I have here a 
 
 should place in the budget a statement of statement of the Increase In the net debt for 
 
 these various railways w^lch received this f''^;^'^''->l /^ars and I find In going over th. 
 
 large amount of money. It Is as follows- '^'^'''^ of the net debt, the Increases for end, 
 
 ui iiiuuei. 11 18 as roiiows. y^^p „„j ^,,3 (jecrease which occurred ii: 
 
 Atlantic and North-western Railway. J 186,600 00 ""'^ y*'"'"' ^« ^^^^ ^^'^ result, that In tiv. 
 
 Massawippi Valley Railway 5376 00 •'*'*'"'"8 ^he net increase of the debt has beci. 
 
 Great Northern Railway " 345'323 n *W»82.570.92. being an average of $1,900,51 1 
 
 Souih Shore Railway ' 88400 00 ''** °^ against an average for the previoii 
 
 Ivcrness and Richmond Railway'" 132*800 00 eighteen years of $0,503,07.5. The Increase ii 
 
 Canadian Northern Railway ^Zlo t^^" "'"* debt Is accounted for In the followln. 
 
 rn„rt T,.„nu R,ir,.., ^ii,t,uo 00 manner: Capital e.xpenditure on railway- 
 
 Grand Tiunk Kailway 228,37175 „„,! canals, public works. Including Cana 
 
 Central Ontario Ra'lway 67,2uo UO dlaii PaclUc Ualhv.ny. $7.200,542.*« ; Doii' 
 
 MU'land Kailway 170,264 00 inion lands. $209,060.90 ; militia. $13.5,884.71* : 
 
 Car.adian Paciflc Railway 92,800 00 l"ililway subsidies, $2,512,328.80; Sout' 
 
 Ottawa and New York lUii way 90 000 00 -^frlean contingent and Halifax garrlsoi 
 
 Quebec BriJg',' 74 570 00 5'.»08,081.42, making a total of $11,110,498.(1. 
 
 "^irrr^zy •••■■•'• ^z: ^^^ s.«''^n^%2SM ^^: 
 
 crow^ Nest rass Railway 20o,524 00 gniall refund In connection with the Norti 
 
 Pontlac and Paeifle Junction Railway ^vest Terrltorv Rebellion of $1,031.03 or 
 
 and Gatlneau Valley Railway 212,500 00 j deduction altogether of $8,130,301.82, an: 
 
 1 there Is an increase In the net debt «' 
 
 $2,512,523 SC I $2,uS0,la0.80. 
 
TiiK n nil. i,r,rr. ' . - 
 
 •^ -. ,r..,. . .„ su^plusT"^^''- ^°" "« ^-"''"S about . 
 
 Not incnas., :, ,...,„.. . ~ ..,,s,..57o w-. f'l"i""K »'. ^^^ had norbeKu? o cha^e 
 
 Av..ra,'H ,,„.r..a-. " y.ars l,!«Hi :, « iS ^^^f ''OUOtleS to Capital, but the old meth^ 
 
 Av..nwM,f isy.a.s.roii, Continued. I thin % however thaftMt 7.?^ 
 
 mu . P"*^ nothing but the be«t of motlvea tn ih- 
 
 The Increase In the net debt In 190C IbJl is fh?"^"^". ^^'^ preceded me In chrr«. of 
 
 ^ • «"""''>' ■, . . 7..'!H.,.-,42 ,;.-. o' treating this a. a drawback and sIidd?? 
 
 " I)....,,lHn,i, L-OiMN;oiK. ^^iH'^^'n? 't from the customs duty .nd 
 
 Kailw:, ..,«K,i...s " •'■"■'"' • J;^j-'i;! ral'lfss'^'harir^ ,f"'^ appear/' g"^ 
 
 SoutI, Afiican C.ncing.nt and ilali. -'•-"■^ ''' taki From ?h"lsTif^T^ ^^ " "'"'- 
 
 ''^""'*" _J«)s.«s,,, Changed trtlu\^h'^^'B'urui''?^ra\rtI 
 
 -.:,.,.. .v:.s,:«.. "•"M-.7.. P^f^nT^s^rl^irt^^^^^ 
 
 '■"■>• ■ l.m c;( portant, ^^ '* ""t '™- 
 
 .s,i3(,,30i .sj As 1 have said, some hon. gentlemen h ro 
 
 ^ ■■■" ••■ ■ n^^' Es" r"'?"-"-'"Sii' 
 
 - bookkeeping, but more recenUy I have 
 
 I have spoken in this statement of thi. f^" 1?„ '" 8«me of the papers, a tendency 
 
 surplus received during U-^ past ySr oW „,i"^/^* T"," ^^'^ method was an 
 
 amounting to ?5,W8,333.29. I am sure It ei^ rhf if T^"' .'J '"'*^. **"*^' ^"'^ «« i^ad better 
 
 will be gratifying to know that w? are able from tha/ I^^f t"'^- ^ ""^'"'^ '^'^^^"t 
 
 from year to year to present tliP«» ^tXz . . , t"'nk, In a country like Cau- 
 
 ments Of satisfactory surpE *I a m a w r'e tt.7,oTe f'orir' '^'-'""'"'/for a fong 
 that there Is some criticism on tiiia <.,.hV,l . i ' "^V^" ^ ^""^ the construction of Dut>- 
 from year to year as to whether^r S^we umTof' Z^ """^^ °' ^^"^ ti"cl. spi^"i1 
 do present a surplus. There was n\Z ^V . C "'""'^^ ^''»'«''> cannot bo ob- 
 dency to represent that there w«« «nm m'"'''^. ^'^'"^ ^^"^ ordinary revenue and 
 Change In the methods of keenfn/t^e ho«! \ ^\r^\ '^^'^^ou in the woria wh? 
 accounts and that the surplus that we rl com. ^t^ ^f ^.'^'"•«^'' to capital a,^ 
 presented was somewhat differprit fr/,^ ^, ?2^^- ^^^^^ '» J"at the same reason 
 Borpluses of former' yea^V"' That" co'nTnt on affa rr'^lf"'-""'" ^"'' " """ '° ^'« P^'^ate 
 
 been no ^La?ge"S^th:°m^;S^d ^o^f^^ce^ng ?SI ^^[d'^^H' "^ ^^ ^^^ « '^o- "« 
 offl^.-^*"- u ^,^« '°^*''°<J« are the same^ the Zml but In^.?^ *** '^•""■^« '^ "gainst In! 
 Officials Who keep the accounts are the saL'l. a^n^^mJk"^ sr^prTrsIo'L 7oniy?nTfo^ 
 
the house. What Is fair with the liidlrl- 
 dual Is fair with regard to the affalri of 
 the nation. There is a proper dlstincllofi 
 between the ordinary expenses of tba gor- 
 ernment and special expenses for piii<ii<- 
 works, or some special or exfepHoii.d 
 charge which should lie set apart nnd 
 treated In a different way. I aiu tlii'r<- 
 fore defending not only my owr; uiftUtHt, 
 but I am defending the method of all 
 the Illustrious men who have prere<l«i| fti<- 
 In the Department or Kiiiaiue when 1 c|n'rn 
 that this is a proper distinction to inakB (umJ 
 a proper way to treat the accounts. 
 
 Having thus shown, as I hope I b«r», 
 that that method Is correct, and that wi- 
 have had sun>Iuses Just precisely as our 
 opponents in some cases had them, I now 
 Invite your attention to this record of »ur- 
 pluses. 
 
 For the first year of this fove.ament, wv 
 had a deficit of |51ii,981.44; b t the next 
 year we entered upon the era of 8urplu»iH» 
 which is not yet ended. The following 
 table will show the surpluses for each 
 year from 1807 down to the present : 
 
 Some hon. StEMREns. Hear, hear. 
 
 Siii-|i!ii«. 
 
 ct.-. 
 
 ISW) 7 . . 
 1S!)7 S . . 
 lSi)8 !) . . 
 IKiHI I'.KM) 
 1!KK) I'.HH . 
 
 Net siir|iln.s 
 .Avfiat;.- . . . 
 
 1,7-'L'.7IL' :« 
 
 t,K:t7.7iti iKi 
 
 ."Mils.Xt.t i".! 
 
 L'o,-_'(i:i.:ii»i) i:t 
 
 i'.i,7i:i,.vj;' li!) 
 
 ;!,!iis,7o"> :>:■< 
 
 1 1, ii. It 
 .-.ni.'.iH II 
 
 .■|pi.:i-i 11 
 
 l''.>rtlii' l.Sviai- l>t .hilv, 1S7S, i.iliiiil, 
 
 ■ liinr, IMH;, III,. t,,|:il siiiplii^,., w.'i-,. >i.'7,My.:;i;| i,, 
 All.l Mt;il.|,liril« is.tifjo.i;!^ ',, 
 
 Leaving net siir|t|iis 
 I'r :ui :IM l;ii,'i' cf . . 
 
 '.'.■'«' 1 1. 7 l:i !:■ 
 
 For the eighteen years from the Ist of 
 July, 187«. to the .mil of June, 181W, tlie 
 total surpluses were J27,8i:2,;un.tW, and tlji. 
 total deficits for tliese eighteen yeiirx 
 amounted to |18,0«0,tM8.55. Deducting the 
 deficits from the surpluse-s we lind timt 
 durlnr these eighteen yours the gentlemen 
 then managing the public affairs had a nK 
 surplus of $i),801,71 <.13, or an average suf. 
 plus per year of ^-..-V, MO.dl ; while we h.ive 
 had an average yea.ly surplu.i during our 
 term of office, amounting ta |3,W8,706.M. 
 
 Hitherto I have spoken of llie Unanciui 
 affairs of the past year. Cotiiiug now to 
 the affairs of the current year; there Is « 
 considerable increase In the revenue and a 
 corresponding increase In the expenditure 
 
 The MINISTER OF FINANCE. My hon. 
 friends say 'Hear, hear.' Well, we are 
 lucky people when we can make the two 
 go hand in hand. We have received for 
 th« current year to the 10th of March, this 
 (TPsent month as revenue 5;{8.(H7,r^.8:i. 
 Having regard to the receipts of the corres- 
 Iiondlng period a year ago : to the amount 
 which was received from tliis tiate to the 
 '0(1 of that fiscal year, and to the anticipa- 
 tion In which I Indulge that there will tie 
 xonie lncrea.se ; I am of opinion that we 
 «hall have at the close of this current year a 
 revenue of f.->(t,S()0,()(K» (In round numl)ers) as 
 igninst an actual revenue last year of $5L',- 
 ■ I ».7(»1. There will thus be a probable In- 
 Tease In our revenue this year to the 
 . I mount of $4,28."»,2i»8. 
 
 Now with regard to the expenditure. We 
 have expeuded this year up to the 10th of 
 March. .^30,i:{a,502.70; and taking Into ac- 
 count the amount which we e^ipended last 
 i'-nr from this date to the 30th of June, and 
 rnnklng allowances for a probable increase 
 during the present year— because there will 
 be some Increase— I am of opbilon that it 
 the close of the year we shall have an . 
 Ceiidlture in all, probably of nearly $51,- 
 "»<»0,000 In round numbers. I make It a 
 ••bade below that, but for convenience we 
 may call It 151,000.000. That will be an 
 iiKTease in the expenditure, over the ex- 
 penditure on consolidated account for the 
 past year, of $4,133,032. It will be ob- 
 I nerved that I estimate an increase of re- 
 venue of 14,285,208, and an Increase of ex- 
 penditure of $4,i:5;!,tJ32. The two sums 
 would nearly balance one another. If they 
 exactly balanced one another they would 
 lea ve us with the same surplus as last year 
 namely. $5,tJ48,3;!3; but as the Increase of 
 revenue is a little more than the Increase 
 of expenditure, I think I am warranted In 
 Myliig that the surplus for the current 
 y< ar win lie a little larger than that of last 
 year and will amount to ii!5,8O0,000. 
 
 As to the capital expeudlture of the pre- 
 xent year, it is exceptionally large; the 
 liirgest we have had for some years. 1 
 iiiiiicipate that at the close of the year 
 ve shall have a charge for capital and 
 «iie(l;i| expenditure of $11, 27.0,00.1, as against 
 ?ll,lli,.ii(io last year. 
 
 Mr. liOUDKN (Halifax). I got the estl- 
 nialeil expenditure as .ful.OOO.OOO In round 
 iiiiinliers; Is that right 7 
 
 The MINISTEU OF FINANCE. Tliat is 
 correct. We have this year very special 
 • barges to swell the capital account. Our 
 r;i!lway 8ub.=idie8 will be considerable, as 
 they were last year. The House Is aware 
 that railway operations have been going 
 on throughout the Dominion pretty largely 
 We shall have to pay for bounties this vear. 
 

 :-i,L, 
 
 sViT 
 
 ...uIIm£-. 
 
 chargeable for the first time to capital ac- 
 count, about *7()0,000. There arc larire 
 sums chnrKcalile to capital for the eciuii)- 
 nierit of tlie Intercolonial Uailwav with 
 roIlliiK stock and with new raiis ' There 
 nre lirsre sums for transportation li: the 
 I nl)I!e ^\orks Department. There Is a verv 
 eonsiilerahle sum amounting to .«or.O()ni) iJ. 
 present iiiR the awards to tW(. |)n)v!nees 
 on certain questions which were dealt with 
 Inst session. For these and other expendi- 
 tures we shall liave, as I have already 
 stated, a total of al)out $14,000.(100 on capi- 
 tal aceount: and the result will be that we 
 shall be obllf;e<l to make tlii.s vear a lar;rer 
 addition to our puldic debt tlian we lr;i"ve 
 dim- in any previous year In the history 
 of this Kovernnient. 
 
 Mr. SI'UOUMO. Xotwithstandlnp tlie sur- i 
 
 |>lnses. j 
 
 Tiie AtlXISTFTt OF FIN.WrF. Xotwitb- 
 
 uable addition to the public debt of the 
 •••"•■•^'"t year, Me shall have a very sa Isfac- 
 vien w.r'r'" °f,y^n.,'es to present; for 
 ^^hel we have added the SCOOO.imo If |t 
 
 ti is'yf.'nr': '" I'^'Y'- *° *"« l>"""^- "^'' 
 „.r • ' "*^ *'^"" ''"^■'' ""»'e nn averasie 
 -, ;• ooTrif,."' W.7!)3.0OO, as as-Mlnst $(t 
 •"';^^.00() f„r „|| the years of our predec-ssor-s 
 ■Nou- m a country like Canada. I think 
 
 ^^ould be to pi-nvi.i,. ..ut of taxation for our 
 •'■•'l""«>-y expenditure: and if perchance we 
 " ■'■•le.l important works of a perm.nnent 
 '• '■■'"•acter. or if there were some e.xce ion" 
 
 o .'iu'V';; ;, ■\%'-""t'-. •a'lway snl!sldK 
 
 M. . , African war. It woul.i not i)e 
 
 '"tn-.dy wrouK if we wer.. to charge every 
 
 I"'"'iy of the ,,,st to the public debt V 
 
 ,',"ll'cVn""[,"' '"^'\ ?'•"••'"••' '"'«l't I>c placed 
 '"'••It position without bein;; n.;;an e,l as 
 ^.>M,.M..hlnd. Hut if she is able tcMlo some" 
 
 ..and,,,^ tl,e surpluses." On Vlmrpof,;^" i' ain i ^m^^ oniy''f '' 'l:::!- '^ /i'"' '^ ''""" '" I"-"' 
 jroinj: to endeavour to satisfy n>y hon. friend I Ih„ ,, so f ' , c,*^ ,s p 1 i'.'";'?: ''^■';""-"t"ro 
 that we h.'ive a most a.'.niir.-ible re.wd: an.i I'll exiMMnlitu re f f I. ' ' "^ '"''' ^■•'^"'- 
 f.I.yand by,ln the ,Iin, and distant fntun .Makes' ,•'' , , win'r'"'';'' ', '""" '"'^ 
 
 "*■ '! "1 V'^'}!' "' !•?■ n'-v: -'" «•-" •'-> ns i pared a s.ate^n.M^'f,:;!' t;:,!'^,,,.,^,,";:;';,,!;!;;:- 
 
 lucky as I am. and I should be on tile othei 
 |;iiJe of the IIou.se. I will <'oni,Tatulal(. him 
 tiiini the bottom of mv heart. 
 
 Hon. Mr. TISD.VLK 
 
 of .'i!(i,").2.")0,(H«1 ? 
 
 A sross expenditure 
 
 The MIXISTEK OK FIX.VXCF 
 
 that The amount which 1 .•mticipnte wt 
 .shall have to add to the delit of the Domin- 
 ion for tlie current yc.-ir will Ii,. ,.l,,.s(. upon 
 ?«;.0(K..O(m. This will be. ,,s 1 have stat,"! 
 10 largest addition to the jMibllc debt under 
 the present administration, and will be al- 
 ino.st In line with, though a sliade almve 
 he addition made to the public debt in tlie 
 last year of the late fiovcrnmeut, wluui llie 
 addition was !f,-,.42L'.00(t. Von .see it lias 
 ;|ken us live years to catch up to them 
 11 tlnit one matter. Hut even with this 
 laif,'e increase to the public debt for the 
 -nrr<.nt year, we slijill still be able to pr.-S(>nt 
 .1 very Kratifyiu),' statement, as to tlie avcr- 
 a.w annual increase to the public debt-and 
 lion. Keutlemen op|)osite are mucli fonder of 
 iiverasres than we are. 
 
 conio o^^'"''^*^^' ^^■"' •^■°" "^■"•■iKc the In- 
 
 ri.e MINISTFU OF FINANCE. Yes 
 we ouKht to be very glad to know 
 ti at under a tariff which takes out 
 -' the pockets of the people Jft.OtK..- 
 
 mdd If''^?', 'r ^''"" "'« oW tariff 
 "Olid, if It had remained in operation - 
 
 ;;:;;!:;!\L|'v'«f ""'*^' "«" i'«e„ reduced so 
 
 !,,,, ,,.i,.,f ,1 i.,iii.,,^>i- Ml snow- 
 
 imr "hat tlie.se .■,,pit,,I ,„„i .s,,,.,.;.,, ^.,,,„.„p„ 
 .'••IV.' l.een. I Mm t.akiim periods of six e'rrs 
 
 n i • ■'""' "'•"" '"^'^^ t" 1!*0L> Mv 
 
 ;>l-jeet is to as..erlain what were these ,.,,,!. 
 
 .■lorspe,.ialch,.i,.^'esi,, eachoftliesi.teVZ 
 
 aid what iH-oimrtiou of them was lioi-n . f' 
 
 About I o, reyenue. and what pr-M-ortion pa ed i o 
 
 '•<". I'l'l'l"' <lebt. I find that in the first 
 
 I e nod troni isto to 1,S,S-,. th..se capit ,1 md 
 
 special cxp,.nditures amouufd to .-«-■>;«". 
 
 I'r- "f "'li*'!' il'-il.TOO.T.SO was added iT, the 
 
 d" w^v'Virr'''^'''^'^''^-*'"'"'-'-'*^ 
 
 I ^ ' *" Pi-ovide for tlie.s,. eapital 
 
 ' xluit ol 42 per cent. In the n.'xt period 
 fioni lss„ to l.S!.,.. tliese capit.al and in' I 
 
 , V •^•;'"? • '• **'"'"■''"-' tl'ilt in th.it perio.l 
 
 on these ca|.ital an.l special chi,. 1 'r 
 which .WO.iXil •>'>1 WIS ..,,w f <iiai.i-es. of 
 <l..ivf- I., •■ "— ' ",•'•'* added to the pub Ic 
 debt, in other words ,S.-? per cent of these 
 cl.arses was pal.l out of'reven e n. the 
 .alan,., was added to the public debt "in 
 the last SIX years, from 1S07 to lOO- •,-- 
 sumliiK that we spend the amount on capital 
 "Inch I estimate, and a.id to the in I.IIe 
 .iebt .$d,00(...H,o, nt the ..lose of nrve ' we 
 shall have spent m.HT.\r,-2 on these e p| a^ 
 and speci.al charges above ordli,..v e.xpen- 
 dlture and we shall have added to ihe pub- 
 ic debt on V .«i.r,n.')i..,.n-o: so that w.. .shall 
 
 .;u.t our tax„tio;;^i;^'^,^'i;>s^^;; --j;|"- 1 1^;*:; '::;::^t" 'r^^^^^ -••''«' "■■" '^"-"«> 
 
10 
 
 Capital 
 
 and special 
 
 ezpendi 
 
 ture. 
 
 1879 
 IftaO 
 1881 
 1882 
 1883 
 1884 
 
 1885 
 1886 
 1887 
 1&S8 
 1889 
 IS'K) 
 
 Increase 
 
 of 
 net debt. 
 
 6,324,556 
 9,191,121! 
 
 8,294,08«: 
 
 2,628,117 
 
 9,461,405 
 
 , 2,944,191 
 
 ,007,521-1,734,12!) 
 
 Amount of 
 capital and 
 BlJecial ex- 
 {lenditure 
 provided out 
 of revenue. 
 
 Percentage 
 of capital and 
 special rx- 
 penditure 
 provided out 
 of revenue. 
 
 14,168,728 
 26,753,155 
 
 4,805,063 
 23,0U5,135 
 
 1891 
 1892 
 1893 
 18!)4 
 1895 
 1896 
 
 72,339,172 
 
 14,126,017 
 22,825,956 
 5,846,471 
 8,345,629 
 6,600,3(>3 
 5,776,301 
 
 41,799,780 
 
 14,245,841 
 26,751,414 
 4,155,668 
 ■',216,.582 
 2,998,683 
 3,170 
 
 30,539,392 
 
 per cfcnt. 
 
 1897 
 1898 
 1899 
 1900 
 1901 
 1902 
 
 63,520,739 55,371,36l| 8,149,377 
 
 4,449,640 275,818 
 
 5,506,242 3,322,403 
 
 4,039,675 549,605 
 
 5,423,208 4,501,987 
 
 4,740,332 6,891,897 
 
 7,147,2411 5,422,505 
 
 31,306,340 
 
 4,622,996 
 6,501,755 
 9,639,134 
 9,742,18 
 11,116, 49L 
 •14,250,000 
 
 55,872,572 
 
 20,964,221 
 
 3,041,163 
 2,417,802 
 2,317,047 
 — 779,C)39 
 2,981), 196 
 ♦6,000,000 
 
 42 
 
 13 
 
 10,342,119 
 
 15,982,570 
 
 33 
 
 39,890,002 
 
 71 
 
 * Estimated. 
 With respect to the year which will begin 
 on the first of July next, it is much too early 
 to attempt anything lllie close calculations. 
 I see no reason why we should not lools 
 forward to a very hopeful year. If I may 
 use the words of Mr. Clouston, the president 
 of the Canadian Banicers' Association, all 
 the outward and visible signs still indicate 
 that wo are In prosperous times. Still 
 much will depend on the harvest for the 
 coming year, and it is too far away for us 
 to malje any guess about that. If we should 
 be so fortunate as to have In the North-west 
 another harvest such as that of last season, 
 and If the general conditions of Canada con- 
 tinue as they have been, we shall indeed 
 hav. the greatest year In Canada's history. 
 I think we may looli forward hopefully, at 
 the same time not counting too much on 
 those things which are still In the future- 
 and If a change should come, owing to a 
 bad harvest or anything of that sort, it 
 will be our duty to observe the signs of the 
 times, and limit our expenditure accordingly 
 The buoyancy of our revenues has en- 
 abled us to carry on our large operations for 
 some years without the issue of loans in the 
 public money marltet In the year 1897 1 
 
 obtained from parliament authority for the 
 Issue of a loan of $15,000,000. There was at 
 the time a considerable outstanding borrow- 
 ing power. Thus at the close of that ses- 
 sion I had authority to raise loans to quite 
 a large amount. So hopeful, however, did I 
 feel as to the financial prospects of the Do- 
 minion that I concluded to use the borrowing 
 power in a very moderate way. The loan 
 which I placed on the London market in the 
 autumn of 1807 was for £2,000,000, or a litUe 
 under $10,000,000. No public loan has since 
 been Issued. Our surplus revenues helped 
 us to bear a large part of our capital and 
 special expenditure, and when these proved 
 InsHlttcifMit occasional temporary loans were 
 obtained from the banks. We have now a 
 considerable temporary loan of this charac- 
 ter, and having regard to the need of pro- 
 viding for It and for old loans which will 
 shortly mature in London, it is evident that 
 we sliail at no distant date have occasion 
 to offer an issue of our securities to the pub- 
 lic. Whether we shall do this during the 
 present calendar year, or postpone It until 
 next year, when a considerable sum of the 
 existing loans matures, is a point which will 
 have to be considered a little later, in ac- 
 cordance with tlie condition and prospects 
 of the money market. We shall have to ask 
 parliament for authority for these loans, to 
 be used when reijulred. 
 
 The existing temporary loan which I have 
 referred to, amounts to £1,250.000, or a little 
 over $0,000,000. This loan, which will ma- 
 ture on the 1st of July- next, bears Interest 
 at a shade above 3i per cent, which, having 
 regard to the conditions of the money mar- 
 ket for some months past, is a reasonable 
 rate. 
 
 If we find It necessary to go on the Lon- 
 don money market this year, I have no doubt 
 that we shall be able to go under very 
 favourable conditions, though not exactly as 
 favourable as those of five years ago. At 
 tliat time we were lucky In striking the 
 happy moment when we were able to nego- 
 tiate a 2i per cent loan. I am tifraid that 
 the present conditions of the money market 
 are not as favourable as they were then. 
 If we may judge by making a comparison 
 of the rates of Canadian securities with 
 tliose of English consols, we find that at the 
 time our loan was placed on the market In 
 1S97 there was a very broad difference be- 
 tween the two ; but owing to the high 
 position Canada has attained in the eyes of 
 the world, and especially to the change 
 brought about by the admission of Canadian 
 securities to the English trustee list, Cana- 
 dian securities have come much nearer to 
 English consols, although the quotations 
 for our securities are lower than thev 
 were a few years ago. So that If this is 
 a fair test of credit, the credit of Canada has 
 improved to a very appreciable degree ; .in'.! 
 1 have no doubt that when the moment 
 comes, we shall be able to obtain our loan 
 on favourable and reasonable terms. I hav( 
 
11 
 
 stated the amount of tho t ' — =r«T=;=. 
 
 Date of 
 Maturity. 
 
 LOANS IN tONI)( 
 
 v pall.no due detween- 1902 and 1906. 
 
 Name of Loan. 
 
 Oct. 1, in03 
 
 " 1, 1!K)3. 
 
 Apl. 1, VMH 
 
 .May 1, 1904 
 
 ■■ 1, 1!X>5., 
 
 ^uv. 1, 1906 
 
 ■ I CU {'."•■"■""te^fl 4 per cent Loan 
 • • l^ K I n(,M,inint.i( 5 i,,.r ,...„f t ' 
 
 ^M«TtsLaM.lGuara„to. V,>e eoa" 
 l-canof]S71, 4,KTcont ' ^ ''^"'•'" 
 Loan (,f 1S75, 4 ,,„r ^.^,^^ 
 
 Loan of 1876, 4 |*r cent 
 
 There wi„ then .e no"^;;;^;;;:^;;^!;^^ 
 
 KKCAPlTlr.ATION. 
 
 Amount in 
 £ 
 
 1,500,000 
 
 ryxi.ooo 
 
 3fK),000 
 4,000,000 
 1,000,000 
 2,500,000 
 
 Equivalent | 
 
 in 
 Currency. 
 
 300,000 
 4.■53,.^33 
 4(i0,000 
 46»i,(iaj 
 S(iti,666 
 160, (i6« 
 
 Year. 
 
 1903 
 1903 
 190J 
 1904 
 1905 
 1906 
 
 1 003. 
 
 1904 
 
 1905 
 
 1!)06.... 
 
 Total 
 
 2,000,000 
 4,300,000 
 1.000,000 
 2,600,000 
 9,800,000' 
 
 ;^''e7^Lr^^"a,^^rreS^•a'«"'"-l 
 
 I'oarlns 4 per cent. ■'^"^*^°^'^«^'^> ^^3, now 
 
 In the Budget l.-ist von- i 
 some dotan-possiblv with ti ,'•"■'''•'".''''' '" 
 some statistics «lLTn 1^''°"^ detail- 
 growth of he trade of rn "!'' wonderftu 
 Intend to go Into thnf«^ ?'"'»"• ^ '^° "o' 
 Simply to rem nd th« H '^""■^' ^''■'^'"•' '>"t 
 as ^as the repoV for S wl" n ^■■•^''■•^■'"" ' 
 
 a^^xronl^r--^-- 
 
 COMPARATIVK STATISTICS. 1900 AND 1901 
 
 Imports for Consumption-Dutiable 
 
 1900 .... 
 
 1901 . 1104,346,795 
 
 105,969,756 
 
 Increase. ^ - 
 
 • _ I 1,622,961 
 
 Imports for Consumption-Free. 
 
 9,733,3.33 
 20,926,606 
 
 4,866,6<;6 
 12,lC6,6(i6 
 47,693,333 
 
 1900.. .. 
 
 1901.. . ?180,804,316 
 
 181,237,988 
 
 Increase ., 
 
 ? 433,672 
 
 1900. . 
 1901.. 
 
 Total Imports. 
 
 •• ?1S9,';22,513 
 • • 190,415,525 
 
 Increase. 
 
 Total Exports. 
 
 •I 793,012 
 
 1900.. .. 
 
 1901.. W91.S94.723 
 
 , 196.487,632 
 
 Increase .... ~. 77 
 
 J 4.592,909 
 
 Total Exports-Produce of Canada 
 1900 .... 
 
 1901.. 1170,642,369 
 
 177,431,386 
 
 Increase 
 
 1900. 
 
 1901 »68,160,083 
 
 71,730,938 
 
 Increase 
 
 * 3,570,856 
 
 Total Trade. 
 
 i 6,789.017 
 
 1900. 
 
 1901.. »3?1.517,238 
 
 386,903,157 
 
 Increase 
 
 » 8.885,921 
 
12 
 
 Deposits by the people In the Chartered 
 Banks. 
 
 }*"? 1277.256,716 
 
 ^''"^ 315,775,429 
 
 ' ' '""fase f 38.518,713 
 
 Deposits in the Savings Banks (Including Post 
 Office and Government Savings Bank. ; the 
 City and District Savings Bank and the 
 Calsse d'Economie de Notre Dame de Que- 
 hec). 
 
 • }^°P $70,575,193 
 
 ""1 75,174,053 
 
 Increase f 4,598.860 
 
 Discounts— Chartered Banks. 
 
 1^^? $316,634,620 
 
 l^"l 318.240,549 
 
 Increase f 1,605.929 
 
 Note Circulation (including Dominion notes and 
 notes of Chartered Banks). 
 
 1900. 
 1901. 
 
 $71,672.3X0 
 76,790.931 
 
 In^ease $ 5.118,621 
 
 Railway Traffic— Tons carried. 
 
 1900. 
 1901. 
 
 35.946.183 
 36.999,371 
 
 Increase 1,0.53.188 
 
 These figures briefly recount the great 
 advance Indeed In luui ovfr tbe year luou. 
 1 have at hand a statement of the trade 
 of the past eight months of the current 
 year, and it is i)lea.slng to see that that also 
 continues favourable : 
 
 KlfiHT MONTHS TRADE, PRKSKNT YEAR 
 
 IMPOKTS— HO.ME CONSUMPTION. 
 
 Dutialilo (Jfxxis. 
 Free (JchkIs ... 
 
 Eight Months knihn(; Feiikiauv. 
 
 1901. 
 
 1902. 
 
 Coin .■ind Bullion . 
 
 Total . 
 
 (ininrl T..t,i! .. 
 IJi.ty (•,,ll..,.t,.<l., 
 
 
 
 s 
 
 S 
 
 ti8.,3()5,018 
 46,121,5;«; 
 
 74,368,939 
 49,452,;kH) 
 
 
 
 
 114.4S(>,554 
 3,2(>7,574 
 
 123,821,2:39 
 4..'M>3,824 
 
 117,754,128 
 
 128,;W.5,063 
 
 18,864,162 
 
 20,492,093 
 
 E.\ POUTS. 
 
 The Mine . . . 
 
 " Fisherips. ... 
 
 II Forest 
 
 Aniin.ila .ind their Produce. 
 
 .Vgriculturo 
 
 Manufactures 
 
 Mi8cellanoou.s 
 
 EuiHT Months ENDixtj Febriwhy. 
 
 1901. 
 
 1902. 
 
 Domestic. 
 
 Foreign. 
 
 Dome.stie. 
 
 Foreign. 
 
 Total Merchandise. 
 Cion and Bullion 
 
 Grand Total Exiiort.-i 
 
 9 
 
 27,00!»,6.30 
 7.968.143 
 21,0.52,427 
 42,753,901 
 17,463,ir)<i 
 10,19it,0N(> 
 42,92;i 
 
 3 
 
 114.,S.52 
 
 8,781 
 
 256,370 
 
 649,143 
 
 10,462,722 
 
 1,107,264 
 
 217,466 
 
 24,617,043 
 10,798,4.38 
 22.240,309 
 44,205,926 
 21,8<Kt,748 
 11,424.9,53 
 54,804 
 
 126,489.266 
 187.173 
 
 12,816,0;)8 
 1,110,707 
 
 135,200,221 
 
 
 
 126,676,439 
 
 13,920,805 
 
 135,200,221 
 
 s 
 
 116,122 
 
 36,446 
 
 8,4,53 
 
 625,21(> 
 
 8,409, lul 
 
 1,565,604 
 
 162, .375 
 
 10,823,377 
 1,5.3<>,195 
 
 12,362,572 
 
ii- 
 
 l8 tliPr^ .? rv. , ""'^ ^'■o™ t'le ol'i country facti ? Tr. »k *^°"*'^- ^"' ^^nt are the 
 
 back whiiBTho fH? **' Canadians wnihiK shoHlnp n ,}»„ """'"ble Imports was 3(j-20. 
 beensSled In fh"*^,!;'.?'"^ ^''''P'^ ^^^^ ^^^^^ orSv 4 Ir "'*/«aJP«' ""-^nt Britain 
 
 miiu oy tne railway companies frnm M,n ,.-«» ^ , isrltlsh trade. tIic Kriti«ii 
 
 Ten f H^i 'P'?"!*^ ''''^•''"'^"'^"t of that Scan dnti^^^^^ '^'*'' "°P"rt« of 
 
 *^m?' ^"^ "^'^ory dnrlnp the next few v«nrl ^ui^\l 1 * ""''"hie poods— that Is to snr 
 
 ab^nff,,^' '^? "'"«^»' d'«0"4lo;\rraTe Sh%h?Br?t';:{f*""V''" "" the artlcIesYo 
 
 and that with the excentinr.,"",'^"*''-''^--*"- RrUaln Ho°veve^ th^t^l^'o'' v"'"'" «'''"t 
 which are Sded from ^',''''''^'''""<^'«« ^""bteclly thrcase tint -"^ ^"'' " '« ""- 
 
 ^^o^e'^rthfiiZ^jrr^^^^^^^ s 'r '-- "^ «-- --f.Lx^„,/. 
 
 Wylng if higher, vSdnfir*'"'t?.'^^ ^"'^ ''^^'^^ Britain. ;mp„pt, ,„, 
 trV"ln1?;Se" nr ?r« - - i ,r— — ^0 o..^ .?;. - - 
 Trad. aj^^S^ /g,j;^';r,n. to the J|05 ,3^^^^,,^ 
 
 was 24-74, while the averaOTrnte on a ^^".'' i 1899. .■.'.■ ■i2.o43.46i 
 
 can dutiable goods was^K*^ ^^e^^ I J'"? •■•■■■••■•■••■•■•■••••:;::;: Slsl 
 
 42,S1!);995 
 
14 
 
 tariff, they began to Increase and ran up ^^^ MINISTER OF FINANCE. The 
 to over $44,000,000. And, although la»t ' "'"'• ™*™b«'' 'or North Norfolk brought 
 year, they dropped a little, they are far and '"'"''^'"■d the 'act prominently. 1 regret 
 away above any figures that could be quoted "'^^ '^ **"* °"t made a deeper lmpre«aloa 
 of any time under the old tariff. But, my **" *'°°- Ke^tlemen opposite. This Question 
 hon. friends opposite may not attach much ' "' ^^^ '""■ *'*^ Imports from Great Britain 
 Importance to ibo Imports. Then per- *^^ ''^^" affected by our preferential tariff 
 haps, they will consider the export's. I ' ***" ''^^^ ™"'"® •"" '^*> a matter of debate, 
 will give first the exports of goods pro- I ^ remember that, in the last session of 
 duced In Canada : *^ ! the British parliament, that distinguished 
 
 Export, or Ho.e ProOuee to Great BrUalnJ I^^KLl'^i^ut^BS. rn\t^dVb'aT^^' 
 
 the sugar duties, during which reference 
 was made to the Canadian preference, said, 
 in terms Tcry gratifying to all Canadians, 
 that, while they appreciated very much the 
 step that Canada had taken, the value was 
 to be looked for, more In the good feeling 
 
 lit $57,903,[,J4 
 
 ill° 62,717.941 
 
 illl 69,533,852 
 
 ?J°? 93.065,019 
 
 ]lll 85,113.681 
 
 1900. 
 
 i*6,562,875 
 
 19*1 92,'857,'o25 
 
 ■ But, If we consider both home and foreign I ^^^^ ^^^ ^^^ manifested than In 
 products, the figures of our exports are as ' material results to trade, 
 follows : 
 
 Eipoi-t8 to Great BrlUtn, Homa and Foreign 
 Products. 
 
 ]lf,l » 61,856,990 
 
 ili° 66.689,253 
 
 illl 77,227,502 
 
 JSS? 104,998,818 
 
 J893 9't,086,981 
 
 1900. 
 
 107,735,968 
 
 l^Ol 105,328!'156 
 
 Some hon. MEMBEUS. Hear, hear. 
 
 The MINISTER OF FINANCE. My hon. 
 friends opposite say : Hear, hear. I suppose 
 they think likewise, and If they think like- 
 wise, what becomes of the statements that 
 have been made for some time now that the 
 Increased imports under the preferential 
 tariff are destroying some of the factories 
 of Canada ? I am afraid my hon. friends 
 
 So, thus far, our trade with Great Britain °,'"® ^^^^^S to blow hot and cold ._ 
 has enormously increased since the adoption matter. I cannot find out whether they 
 
 . of the preferential tariff. ^""^ ^^^^ trade to Increase or not At one 
 
 Mr SPROTTTF' r-o^ fh. v. .. ™»™ent they complain the traue Is not In- 
 
 mfn mnn Mr ^i«.Mi„ . i"*® ^°3: «^®°*'®- "easing under out preference, you will find 
 S,t?. l^ J^f- ^l^*'H?*^l^J''* "" *•»« fl«f^e» a column of statistics In the Conservative 
 with regard to the United ^^tates ? : papers designed to prove that there hll 
 
 The MINISTER OF Fl -iNCE. I be- ''■ ^^° °° increase at all, and the next thing 
 lieve my hon. friend (Mr. Sproule) asked ^^ "'"'' ^"''^ '^ "i"* ^^^ preference is ruining 
 that exact question at this exact moment ' ^^^ factories of Canada. However, coming 
 last year. I should have remembered that ^^^^ ^° ^^ friend. Sir Michael Hicks-Beach, 
 and brought the figures. ^ '^'t at the time that the statement, while 
 
 Mr spnoTTT v T ot .„„ -o 4.u * t '°°*^® •** ^°*^ ''^'^'i ""^ made in terms which 
 
 as^Jd tof QuesHon In SI, ^n^^at* I T" """ ^^ P'^*"'"^ *° •*» Canadians, was based 
 assea tne question in this House t rfore. upon a m sconceptlon of the situation in 
 
 pfesLtlng WeS%'o"r^ aJko^ll!''"' ''^'^ '''' ^''' "'l^'^i 4 «etual Incr "asf of'trade 
 rcpre.senung west York asked It as shown by the figures I have given, Is very 
 
 The MINISTER OF FINANCE. And considerable. Then there Is another point to 
 my hon. friend (.Mr. Sproule) is that gentle- which I fear Sir Michael's attention had not 
 man's worthy successor in several respects ^^^^ drawn. In view of the severe com- 
 I have not the figures here. But we know I'^'t'tlon which is now going on between 
 that the imports from the United States ^^^ United States and other manufacturing 
 Increased. We know that the trade with the "atlons. If, with the preference of one-third 
 wbole world has Increased. '" favour of Great Britain, we have only 
 
 Some hon. MEMBERS. Hear hear ^®^1, "'^'^ *" increase British Imports to a 
 
 The MIXISTFN nio rvAv^I' «f* f"?," *°'5"°t' ^^i-it would have happened 
 
 „nf L^ u «. .°*, I'^^^.^CE. We can- to the trade If there had been no preference 
 ?nL„tl '• 'V"^' }^^'^^ .'° ^" directions is "t all ? Sir, I have no doubt in the world 
 S^,l.^,^""'^^'' ^^^ '"'^ *" *^'« beneficent that but for the British preference, thaTad 
 go\trnmeut vance in the Imports from Great Britain 
 
 Mr. MACLEAN. We got that informa- ^'""''^ "*** '""^^ oilstod at all, there would 
 tlon from the hon. member for North Nor- "°* ^'^^'^ ''^^" "°y increase In the lmport« 
 folk (Mr. Charlton). 'rem Great Britain. There Is not much 
 
 The MINISTER OF FINANCE T)i»n ^°"''* *?^ ^^J^\ without the change this gov- 
 why does my hon. friend want it aSn 7 ^•?";°t"««l« '° *?«*«'•'«. tbe Imports f?om 
 What are we wasting time for ? ^ I ?Jtui^^5 ?l" "^"."v*^ have continued to drop 
 
:J^- . mMir--j^m 
 
 ■\ ^. 
 
 \:> 
 
 the followlns clause : ^^'"'^ ^'"^ 
 
 k'nd Amnn^ association or agrjemeut of anv 
 nr«r^„ . "^ "Pense of the constinjors thp 
 
 " , 'Ja^"^^°S'-''"oe or agreera..nt ox.ots. 
 
 ^. fne Jiidge may compel the atten^!an<;e of wt- 
 Suyrr.-f"" "/""'"^ ^'^•'° ""l^-- oath, and re- 
 lllu hn° P'-^''''«i°n of books and papers ami 
 «« .„ T " 5*"=^ °'''" ne,7<;asary powers as 
 
 SouJfl fn'/'.h "P°^ •"'" "y -»>« Governor ?n 
 Council tor the purpose of any such Inquiry. 
 
 Mno/i ^ ^"''^^ '■^P°''"^ "^''^ such trust, com- 
 tlnatlon. association or agreem-'nt exUts, and 
 i appears -o the Governor In Coun-il that 
 ♦=7,^ disadvantage to the consumers is facill- 
 nwf^J'J/''^ ,''""^,* °' customs imposed on a 
 ike article, when imported, thon thB Governor 
 in Council should place such article on the 
 free list, or so reduce the duty on it as to 
 give to the public the benefit of reasonable 
 competition in such article. 
 
 Wheu the section was first submitted to 
 the House, it provided that the Uovernor 
 in Council should be the body to determine 
 when the combine ey'sted. On further con- 
 sideration, however, It was deemed unwise 
 for the government to take to Itself so large 
 a power. It was thought that In a matter 
 of so much Importance It would be better 
 ^r" ''\ ^V''^?" "' ^""'e delay, to make use 
 of the judicial machinery for the purpose of 
 Inquiry and to limit the authority of the 
 goyerumeut tu action after the report of a 
 im,f,!"t ^" ^'-'^■^^'''il '"Stances complaints were 
 made to the government under this clause, 
 but upon examiuation they did not appear 
 to come wubiu the provisions of the section 
 
 mar'i.^T.'/''r.''*''''','^*'^'"''^'-'^"' complaint was 
 t^r„,! \ "^ Canadian Press Association in 
 terms which were found to come within the 
 intention of the section. It was aUeged 
 that the manufacturers of news pr nting 
 paper hud formed a combine for the purpose 
 tide "'.■*■ '^"^'J"<-'"« tlie price of ' K-! 
 tide. liio matter was referred under the 
 provisions of the section to .Mr Justice 
 rascliereuu. wlio held a protracted innu rv 
 heard all parties concerned and a nillv 
 reported that the complaint of ?he Press 
 Association was well founded. Thereunon 
 he government, exercising the power g 'en 
 It hi the section, determined bv Order in 
 Council to reduce the duty on printing Paper 
 such as is commonly used for new^spaner 
 purposes, from 25 per cent to t; r.2. '^ / ' 
 T« distinguish between n^ws prim a'^d other 
 papers, It was decided that^he reduction I 
 
 >iiiue of Ji cents per pound or less. That 
 
 °u tirv.u:;;'" f "°* '^•-' ^""'" *« ^-"""'S 
 
 valno u ti n/*"" '^"«t«"'« P.n-pose8-the 
 It L 1,. P'"''*' °' production abroad. 
 It has been represented to us that while the 
 purpo.se of the government will be effected 
 
 o ';K\''uv^Ii!'V'""'"«' '""^ P4rl^t0« 
 not r.7,vil ♦^^ '" ''"'*'''* quantities, it may 
 not cover the case of the weekly papers 
 
 The Vess'A* ''Y.'" ^"'^'^ ''"•«-' UUantftiei: 
 ^iJi iress Association s to furnish uh with 
 
 "/"iuud"[Sa^';f""^ *»'/^"^ P"^"? «»^ "' 't 
 in f, m'^''' ^^^ ^"'■'Is used in our Order 
 in tounc.l do not properly effect the objec? 
 rnude i h^\. "'"''"f n^f"* Will have to be 
 tWs innnfiv ''•11".''°"^'* ^'^"^ the results of 
 this inquiry will be of material advantage 
 
 making if '""■''" "^ ^^^ I^omlnion „ thi 
 making of their arrangementa with the Pan. 
 
 medlaTr^nfr;^''^'^'""'^'*- "^ond'tlfs ,": 
 ^^^ilf- ^^^^' li«>^ever, the proceedings are 
 interesting aii.l imporUnt, and thev wMi? 
 serve to remind other manufacturers that 
 f they make an unfair use of any advan 
 age Which is given to them by the ^riff 
 
 nrnn'^'i^-'' '" ""^■" »« ^liOSe Who Will Jlfe 
 
 proceedings under this section of t^e Tariff 
 
 nmi^inH,''^ asaln been approached by a large 
 ?w '?""''"""' delegation representiuff the 
 ?^l}^l^? "•^f^ "°"^ «"«"i- Association to ask 
 that a bounty be granted on the production of 
 
 camV?r"om'"l?'i:; 2°^'/ «'>"»" aPpSo"n 
 Lame irom Prince Kdward Island A new 
 
 coSt'ed wi?r;f ""^ ^""^^ «° tlae parUe^ 
 to intctea with the movement. thTt .Ha 
 
 "^^Vt, encouraged by a considerable in! 
 "^;'m ? '^"^ customs duty on sugar. I re- 
 
 hardly prove acceptable to the sugar eon 
 sumers of the dominion, and shouW not be 
 adopted without urgent reasons v^n 
 
 we satisfied that ev'n^the' in^intereTts"? 
 
 he beet sugar Industry would be promoted 
 
 >> the granting of the aid that is asked 
 • '.u, ';"'■ '"/'-■'"^•'"l^e'- that sono years S 
 Canada undertook to encourage the it? 
 sugar Industry by the gi-anting of bounUes 
 
 Th "'"l* '•■ '■*'""''" ^^■'-''•e not satisfactorv' 
 rh;' caprt.,l,st.s who invested their nw 
 
 ment^ tf!^7T'''*'^-^ concerned in the mo -^ 
 ment suffered a severe (lisappointiiient 
 .Naturally, in the presence of th, act we 
 should be more than usually careful i,' wi- 
 
 i;:!:r's;;^Kt?3^'""^^"^--"'"^'-- 
 
 same will be claimed for other provinces 
 r.!!!';!."''?,..'-.""""^ the question, ire much 
 
 ""■■;••• ^ '■•,!•!■,• pos.5eSSeiI bv ttlB 
 
 eastern townships for raising beet bu Jar 
 and It is also claimed that such In 
 
A 
 
 ir, 
 
 rfntnro ^r "'"«'«''«'«'» made In the manu- 
 n^!i= , ' raaehliHTy and in the me- 
 thods of manufactiirlnsr beet root suRar 
 
 n.,w rtml"? ^'"' "f''""''^ "' "'^ enterprise 
 th T" M *'' "'\ l^'-P '« s"'n«l,lnff In that and 
 that the conditions whldi exist to-dav are 
 Bneh as to ^Ive that industry a fair trm If 
 U is naturally a.hipte.l to the soil of Canada 
 Our onstonis duty, which runs as h rI, as 
 $1.1'(! per 10.. ll,s. or a -ent and a qu Pter a 
 lb. on the hiKhest Brade of suwr. n'hi e It |" 
 
 nn incidental protection for beet root suAr 
 
 from'foro ", ?\^"""^'-y- The compe?! To, 
 from forelf:n i)eet sugar is lll<ely to be less 
 keen hereafter as 't seems to be settled tint 
 the continental bounties on this article whlel^ 
 have so lonff h.ui a disturbin " nti^, ce 
 on he worl,|-8 su^-.tr trade, are about to bo 
 abol 8he<l. In addition the Ontario Rovern 
 ment have srnnted a bounty of half a cent 
 lil , *7" •'■''■"■' ""•' "' one-quarter of a 
 »i<.i(KX) per annum, and I understand tlinV 
 at least three factories are at the present 
 moment n the course of cons ruction ,n 
 that province. Thev are certnin f). „„ 
 one of them is already stirtJdnnir'^*' ""?" 
 clined to think thaT^foS'f81n"a fairway 
 ^J\ul ^'■^*'*^'^- I" n"'l'""n to thatlhe 
 
 rehnery in Lethi>ridKe. With the aid wh!ch 
 ^«V'tP" f'^en in the way 1 have descHi^ed 
 with the incidental advantage derived from 
 
 t.o','of ?lT h"*^"° «"«'»•• With the abo" 
 w?t , L , ^''"ntios ou continental srgar 
 with the advantage of the. n.,t.,,.i» , 'o'V' 
 
 for the purposes o. beet root sugar factor es 
 
 1 am uclined to think that thire are snffl 
 
 clent Inducements to enable thl^J . " 
 
 to give the ludustrraTlr trifl if^'^^'u' ^? 
 
 apted to the soil of the country i 't J'ut 
 
 would be a mistake if we were \^ h ' 
 
 frrther aid which might r^ult in enc^u? .7 
 
 Ing tlie erection of a large number of f^':/ 
 
 ones which might erne to grl " i thini if" 
 
 is better to enc-urage the industry n" his 
 
 moderate way, to have three or four factories 
 
 in the province of Ontario and one ?n ti^f 
 
 >.orth.we.st Territories estal,lished so as to 
 
 give the industrv a fair trial tlm ti,„f 
 
 Should encourage the starUng ^^f^Srl^s 
 
 Mr. SPROULK. The rinht tn t„„,« .. 
 chlnery free of duty wlll'Sn en^ '' '""• 
 
 The MINISTER OP PINANTF if „.„ 
 end on the first day of Andl hnV Jl '^"' 
 r/ns'? '-^'7'^ thatVr'anXr'year" f^l 
 t,T rMe-^^r/" "^^ '^^' there l"; been 
 some ooje.-tiou on the part of Canadian. 
 
 leeo""„Tfr»'"^", '"."'.* Krantlng of this prlvl- 
 lego of free admission. They say that this 
 
 •uid ' !:r7 1' ""^ ""•«*"^ made ^n Canada 
 
 '■Li "". '"" *'*'*' w''y '^■e sliould go 
 
 • broad for it. I think, however, that the 
 
 e,,son on which our previous act on was 
 
 o r. of' "''"'' "■"" ''"'^ ^^"•'••e »'"* P'o- 
 
 isirfo L;'," •""^'•'•P'-i««' of that character 
 
 «lsh to make a contract for machinery It 
 
 •rcont?^';twl;'h^" '" *'"''" "" "« »""• t" "'«k" 
 an t.7o ^^"'''"""""""''"^^^"'•^■'■•so that he 
 
 innchln..r.v, make it where lie pleases be 
 held responsible and guarantee that tlil 
 machinery will be suttident for the micces^ 
 clud°^rno ""Jo^'n"'" '"'"'''■ We'have con 
 
 sug.ir, but to e.Ttend for another vear the 
 
 teri'j:iJ'?n:1l'"'' •^"""'" "'"cl'lnery 'a n^l ma- 
 terials for tlie erection of beet root factoHea 
 nay be admitted free. This prIvlIcLe wm 
 Aprirms'^ ^•^^^""^'^ *° the^arstlay'S 
 
 /Poynt claim that the tariff Is perfect I 
 
 'o"d •tan^°°r",^'j°'*' '* has pro%a very 
 ,- )od tariff. Indeed, when we recall the 
 circumstances under which our tariff r^ 
 vision took place, when we remember th^ 
 
 which we had to deal, we may well con- 
 gratulate ourselves upon our success nd^ 
 vising a tariff so well adapted to th2 rt 
 aulrements of the country, a tariff unde^ 
 which Canada has prospered in n gieatlr 
 
 £rv''l"SJ" ""^ ?'•'" "« period irhir 
 oSillfv n? °<^«^"«io" "iy pointed out fhe 
 111 sirablllty of a reasonable measure of 
 tariff stability. Nothmg would be Lore 
 ■ lively to unsettle business than a practice 
 ;tJ°t«-"d"cing frequent tariff changes 
 
 n>nv'«n'';!n^V^ '■''''''**^^ applications C 
 many small changs and we think It well 
 to do so to-day. But I would not have it 
 understood that this view can always be 
 held. As time passes, conditions change In 
 our own country and it will be well for us 
 to take note of this, so that we may adjus? 
 the tanlt accordingly. Sor is that the only 
 reason that might require some cl!ange 
 conditions arise in other countries of which 
 we are obliged to take account. We do not 
 propose that we shall stand still and that 
 hs tariff shall remain unchanged, but we 
 think the time is not opportune fo^ making 
 changes at present "iau.iuj. 
 
 There are several reasons which operate 
 in our minds against entering upon a policy 
 of tariff changes to-day. We have just com 
 pleted the taking of a census, and whUe 
 some of the results are available others of 
 much importance have yet to be prepared! 
 Among these are the returns of the oS 
 
 countr^; ittSr^^i^-llarS^a^^iSl 
 
ijy^iiu?.; 
 
 M"!:* 
 
 "%:-". 
 
 J^-"-/- 
 
 17 
 
 ceiiBua. "t.iu8iic8 of the recent 
 
 'Ivlng on promises ? ** ''"''^ ^^^"^ 
 
 ...J''^nfv''?''^'^^" OF FINANCE. If there 
 
 tomed to do for elchVp»n ^^'''^ '^'"■'' "^'^"S" 
 find It verj e«8v ^A f?wr''""°''"^^'>- ^-i" 
 present change is t^i.t w^*"" '^T" "»'"°«» 
 tain negotinttons w h !Ih "'"'' ''"'■'"« '^^^■'•• 
 regard to trnde of „\„ "'*"" <^°"nt'les In 
 character \ve „% not wm"' .'T '«'•"'«' 
 ^•e will bo able tn !.. . " '""^"t. liope that 
 
 treaty witb France f. '*'''." *i'*^ »'^'""' «' ""r 
 m a position to mnuT*-'''"'?''^ ^ ""^ "°t 
 ment/Much has b^Pn ^nf,'-"; •*^'"'"*^ ^^"te- 
 relatlons with Germanv \ " r*-''""^ '" ""'■ 
 that there has been « '^^i ^^ 'mpresslou Is 
 part of the Germnn n f "?*;''P""° «n the 
 position of Canada o ,'i''"''"f.1 "« »° *"« 
 question is strong .„ ""^ Position on this 
 but that is no re«ln° 'lf*'""=* *° Germany, 
 the German side Of H.^^ ^« ^I'^u'd Ignore 
 that there Is a «,lnnr .^ '"''"^'■- ^ "dmlt 
 tlon which Germanv h5/rr^ ""• ^^^ P°«'- 
 pomted out on a Dret?„,V"'^°- ^^ ^ J'a^'e 
 many has two terfffr "^ occasion, Ger- 
 
 generallj^'the othir kn>wn """^.^''^ ^"^'^ 
 tlonal tariff for th^«^.^^ ."^ ^^^ conven- 
 
 commerclal treSt eg w^rr:!^' ^'"^^ '>«^« 
 pose many hon gentirmpn ^.T^^^- u ^ *"'P- 
 18 sound policy Germ^nv iT'i' ^I *•>«* ^'^'^ 
 Canada, or Canada n«rtTM„°*l «, treaty with 
 perlal treaty with f-Prmn^'^*'*^ '° *° ""- 
 treaty Canadi had?hp^S°^' f°'' ""•'«'• that 
 18 called ?he convemional tanT''""'" '^'^"^ 
 Canadian products rnnnl.^"^."^ respects 
 that treaty for W own^^ P"* *" ^nd to 
 and sufficient reasonr ^^T^^^' '*"" ««<>« 
 Canada, but all of Canada rl °°«,Party m 
 elusion that this b-eatvln'.""''''?^ the con- 
 Interests of Canadfor^? th-' '° ^^"^ "^^^ 
 
 It should come to an end Our-fff^""^' ^"•^ 
 took the same view on V hn / S'/*^'" <^'°°les 
 
 was admlttX thrac«on Of n^^'^^ ^"* " 
 all others which bro,?^h*„^' Canada above 
 elation of the German^« «/«"?*.*'•« ^^en^n- 
 When we ceased to hp^J^.^^lS""" treaties. 
 Germany, whin we Sed .^^''^'^ ^"'^ 
 Germany certain prlvlS wh.^h^*^"*^ *" 
 enjoyed, Germany wlthdrewf^ ^^"^ ^^^ 
 privileges of Its conventional f™?«. "^ ^^^ 
 ada thus came IntTthe S o^" ' * ^''°" 
 countries, the products of t^hi £ """"treaty 
 Ject to the higher tariff lll"^ "^^'^ ^''^■ 
 that from one point of Jiewther.' ^°* ''""^ 
 BuT a"' '^^"«« 'or thrtTerman'a'^fron''''^^ 
 QuSoS Z2 St !?r'°«tior'o7-the 
 the action of Germanv whi.fT'"f' °° that 
 liad an appearanre^f' f^? ^ " "'^^t have 
 upon a mKcep?fon of the'snfr.r".''"^^'^ 
 pose of Canada's policy It irtrl^v.** ^P'""" 
 have withdrawn from rlrm„ ^^'l* ^^ 
 privileges which she for'S.erf/S^/ed. *S7 1 
 
 oSr 's sr<7errn„'^v'"L?v.!:"^ ^'■^ P''^"- 
 
 •Ws whlcli riKhtfnMv Lr '* .""t '"•'^•l'- 
 '•THgn n.tion b ut ;rlv f!::r"'', ,'" ""y 
 Porly bolonge,! lotbotnnX '" > ' '""'^ 
 British Empire Gprm.. ^ .^''■'■■'" "' the 
 ask that hernrodncMfn '"''■'''' '■''■•'''•'""f''y 
 
 other foreign 00 ntrv 'i V""?""'^*'' °' ""J" 
 to dcmn,.a that I .i' U, ^"^ "'"^ °"K''t not 
 the same trea ,,,. t nff. "'■'' f"""''^ »iave 
 mother cr.mitr ,, ," ""^ Pi-oilufts of our 
 Public men in o;. ' J"*" "'''''' ^'"'onios 
 coivod the Ini.,r, i!, "^.."P"*''"' to have re- 
 Cannda was "n somn''«.o'"'' '."^ '-"^"o" 'f 
 against Gern "„v SnTh-\" I'-'erlminatlon 
 Canada has oen oiflt,^ Jm. ""^ ""' <^"«"- 
 tbe products of Gt™,7' "« *•* ^'^-^ to 
 ment as is given t,.fi./ ""-^ "'""<' trc.it- 
 pther forell^n^at^n*" ^'f, P';"^"''^^ «' any 
 Is all that Gen anv nn^' " ^''''""' to us, 
 ^Ve are Inclined ?o\hh?- ,7"?""""'^ "«'- 
 of Germanv has been "'"'^. *'"" "^'t'"" 
 
 undristanding Of the rllSf"'' "' " °"«- 
 we lave therefore LenH. ^'""'•^' """^ 
 else a large degree Of nn.^'P"''^'' *» ''-^er- 
 the matter very clean vn*'".'''', '" •^"^'"S 
 German government n^l Te ,.''''^2'? "'^ 
 our representation of thll "« bopeful that 
 end bring about a lUfl^ 'l?'* ^'" '" the 
 
 the matter" Our trade wi?h"p'""^'"^ *" 
 not at present verv Imnortn^w ^^^rmany is 
 What Is called thP^K^"°* *° "«'■ although 
 against us. thrvaW of'i?,^''** "^ ^rade Is 
 country hks been ?n^ "T ^^Ports to that 
 diminishing." fertheW ? '"'**''•''■ *^" " 
 we are stretchlnrout in «m » "°^ ^"^^^ 
 extension of our ^ade ,? f-*^'"^"""' '»«• 
 despise the opportnnftlM whi„\ ""! u^^" to 
 to us under fairer „rro ^^'^^ "'^^t come 
 many. BesIdeR f.. ™°/^™^"ts with Qer- 
 
 Germkny?s action ?s,£'r^S'^^f Involved Tn 
 accountas wen as fn^^h"^""*'.""** <"> that 
 larger trader we should mil°^'""""^« »' « 
 to have the matter se4?ed,nt ^^"'^ ^"'"•t 
 way. There are those whJh." satisfactory 
 retaliatory le^slatlon ar?he „"n7 "^vocated 
 settlement. We a,v. LI , T^^ ™«an8 of 
 
 =t!on-2f t^hllSS -i-^'- 
 
 relations wlth^the motC ooUni' •*"'' ♦"le 
 our sister colonies We „?»"k^ ""^ with 
 ticlpate In two knnortnn.® """P"* to p.ir- 
 take place i^lon^T^l^neVt't^'', *° 
 been called at the suggestion nf*^*'^^ ''"^ 
 ernment for the sneclni nn-^ °'. °'"" ^ov- 
 'ng the posslbimies of enlTg.nf .r"!'*^'''- 
 between Canada. AustraH^ fi/ ^^"^ trade 
 land. The other conference is Of ^r ^r" 
 charactcr and has been ^.fiil , . " broader 
 perlal government Tho "^"^ ^^ the Im- 
 ing the^oroSn of'^^he'S"^^? ^'!"'''- 
 London representative nuhii^ 1 "I *'"^« to 
 
 eTnt %' i''^ emplre:l„Pd"S l"^'°o '/'-''." «" 
 ernmcut desires to avail itself nV'Ti.' "" ^'""- 
 
18 
 
 be exptetpd to tnke an active part In the 
 consideration of these questions, and at the 
 close of these conferences we shall be In 
 possession of a knowledge of the disposition 
 of other portions of the empire which will 
 undoubtedly be valuable to us In the con- 
 slderntlon of nny proposed tariff cbanKcs. I 
 do not underestimate the difficulties In the 
 way of brloKinB about such trade relations 
 wl"iin the empire ns are desirable from the 
 Cb^adlan point of view. However, It Is 
 our duty to avail ourselves of the oppor- 
 tunity to discuss tlicse matters with the 
 public men of the other parts of the empire 
 ■nd to use every effort to brln^ about such 
 Improved arranKements as would be benl- 
 flclal to Canada and to the empire. 
 
 For these reasons we postpone for the 
 present the question of tariff revision. When 
 the moment for revision arrives, the public 
 of Canada may rest assured that the kov- 
 ernment will undertake the work In the 
 spirit of moderation and cantlon that has 
 prevailed In their past actions In tariff 
 affairs, avoiding the e.ttremes which almost 
 always And advocates, and having regard 
 to what Is best, not for particular Industries 
 or particular sections of the country, but 
 for the Interests of the people of the whole 
 Dominion. 
 
 The Budget. Mr. Speaker, has friendiv 
 relations with the Saints. 
 
 Some hon. MEMBERS. Hear, hear. 
 
 The MINISTER OF FINANCE. It was 
 on the morning of St. George's day, five 
 .vears ago that I had the honour to place 
 on the Table of this House the tariff resolu- 
 tions containing that principle of British 
 preference which has given so much satis- 
 faction to all who honour St George and 
 Merrle England. This year our Budget la 
 submitted on Ireland's day of rejoicing 
 This Is St. Patrick's day, and from the topi 
 most roof of our parliament House the 
 British flag flies In honour of this occasion. 
 
 Some hon. MEMBERS. Hear, hear. 
 
 The MINISTER OF FINANCE. There Is 
 something suggestive In the coincidence. It 
 seems to remind us that, gratifying as Is 
 the story we are able to teli of the material 
 progress of the Dominion, there Is some- 
 thing that Is more pleasing still. It Is the 
 very harmonious and happy relations which 
 prevail between our people of all sections 
 classes and oreeds. Here In this broad 
 Dominion we have a population drawn from 
 many races and nationalities— English 
 trench, Scotch, ..-Ish, Welsh, German-ali 
 cherishing the memoilcs and traditions of 
 their mother lands, and specially honouring 
 thom at appropriate times, as the mem- 
 ories of Ireland are honoHre<l to-day yet 
 all cordially uniting their efforts for the 
 development of this countrv and for th« 
 maintenance of Institutions under which all 
 enjoy the priceless blessings of clvlJ and 
 religious liberty. 
 
NIS.5t4iiL: ----•liP^.. 
 
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