90 



CANADA, DOMINION OF. 



ship service with South Africa would enable 

 Canada to secure in that country a profitable 

 market for her varied products, and, to that end, 

 will endeavor to arrange for such a service." 



The session was comparatively quiet. The 

 principal events were the act authorizing the Ca- 

 nadian Pacific Railway to increase its capital 

 stock considerably, the legislation enabling Mani- 

 toba farmers to erect free grain warehouses at 

 railway-stations, and the granting of representa- 

 tion to the Yukon Territory. The following 

 were the chief acts passed and duly assented to 

 by the Governor-General at the prorogation of 

 the houses on May 15: 



To incorporate the Indian River Railway Com- 

 pany. 



To incorporate the Sovereign Life Assurance 

 Company of Canada.. 



To incorporate the Xipissing and Ottawa Rail- 

 way Company. 



To incorporate the St. Lawrence and Northern 

 Railway Company. 



To incorporate the Strait of Canso Bridge Com- 

 pany. 



'Io incorporate the Crown Bank of Canada. 

 To incorporate the Knapp Tubular Steamship 

 Company. 



To incorporate the Canadian Manufacturers' 

 Association. 



To incorporate the Pacific Northern and Onien- 

 ica Railway Company. 



To amend the bills of exchange act. 

 Further to amend the Canada evidence act, 

 1893. 



Further to amend the acts respecting the North- 

 west Territories. 



Further to amend the Yukon Territory act and 

 the acts in amendment thereof. 



To incorporate the Toronto and Niagara Power 

 Company. 



To amend chapter xli of the Statutes of 1901 

 respecting the administration of justice in Yukon 

 Territory. 



To amend the land titles act, 1894. 

 To amend the Chinese immigration act, 1900. 

 To amend the naturalization act. 

 To incorporate the Yukon Pacific Railway 

 Company. 



To incorporate the Manitoba and Keewatin 

 Railway Company. 



To incorporate the Canada Eastern Railway 

 Company. 



To incorporate the Nepigon Railway Company. 

 To incorporate the Canada Central Railway 

 Company. 



To incorporate the North Shore Power, Rail- 

 way, and Navigation Company. 



To provide for the establishment of a Medical 

 Council in Canada. 



To amend the immigration act. 

 To amend the fruit marks act, 1901. 

 To incorporate the Securities Bank of Canada. 

 To incorporate the Metropolitan Bank. 

 To incorporate the Union Life Assurance Com- 

 pany. 



To amend the Manitoba grain act, 1900. 

 Respecting the coasting-trade of Canada. 

 To amend the customs tariff, 1897. 

 To incorporate the Canadian Northern Tele- 

 graph Company. 



Respecting the incorporation of joint-stock 

 companies by letters patent. 



The Budget of 1902. On March 17 the Min- 

 ister of Finance presented his sixth annual state- 

 ment to the House of Commons. He had no 

 changes in the tariff to announce, and he said 

 that machinery and structural iron for beet- 



sugar factories would remain free of duty for 

 another year from April 1. He estimated the 

 revenue tor the fiscal year ending June 30, at 

 $50,800,000, the expenditure at $51,000,000, and 

 the addition to the debt of the Dominion at about 

 $0,000,000. He was able to say that his expression 

 of belief in his last budget speech that the coun- 

 try had about reached the crest of the wave of 

 business prosperity had been proved incorrect by 

 the activities and progress of the past year. The 

 revenue had been greater than his estimate, and 

 larger than that of the years 1899-1901, as the 

 following table showed: 



Mr. Fielding drew special attention to the post- 

 office returns. There was an increased revenue 

 of $235,969, and the total receipts of the depart- 

 ment were $3,441,504. But the expenditure was 

 $3,939,446. He said, however, that the deficits 

 had once been as high as $800,000, and that in 

 the meantime Mr. Mulock had not only reduced 

 the amount, but had cut the British postage in 

 two and reduced the Canadian postage one-third. 

 In railways he described the condition as note- 

 worthy. From total receipts of $3,140,678 in 

 1896, when the Laurier Government took office, 

 the amount had risen in 1901 to $5,213,381. The 

 total expenditure in consolidated fund account, 

 or permanent expense account, was $46,866,367, 

 against $42,975,279 in the preceding year. In 

 legislation there had been an increase of $342,- 

 424; in arts, agriculture, and statistics which 

 included the census the increase was $235.i4.~> : 

 in militia there was an increase of $215,495; in 

 railways and canals chiefly the working ex- 

 penses of the Intercolonial Railway the inc'ivuM' 

 was $1,136,660; in public works the increase was 

 $1,096,743; in the Government of the Northwest 

 Territories, $150,177; and in the post-office, $173.- 

 431. Adding to this consolidated fund expendi- 

 ture and the capital account expenditure such 

 as railway subsidies and the South African War 

 and a certain class of public works the total 

 was $57,982,866, against $52,717.466 in 1899-1900. 

 For railways on capital account there was an 

 expenditure in 1901 of $3,914.010; for canals, of 

 $2,360,569; for public works, of $1.006.983: for 

 Dominion lands, of $269.060: for militia, of $135.- 

 884; for the Canadian Pacific Railway, of $8.978. 

 The total was $7.695.488. an increase altogether 

 of $226.645. The net public debt was described 

 by the minister as having been $268.480.003 on 

 June 30, 1901. against $265.493.806 in the pre- 

 vious years. In the five preceding years. IIP 

 added, the increase had been $9.982,570, an aver- 

 age of $1.996.514, compared with an average of 

 $6,563,075 in the preceding eighteen years. The 

 exact increase for 1900- ; 01 was $2,986,196. 



The statements of the minister were variou-ly 

 criticized, and on May 13 Mr. Borden. the Oppo- 

 sition leader, introduced the following motion : 



"That the total expenditure during each fiscal 

 year from 1892 to 1901. both inclusive, wa- 

 follows: In 1892, $42.272.136; in 1893. $40,853.7_'->: 

 in 1894. $43.008,834; in 1895, $42.872.338; in is-.iii. 

 $41,702.383: in 1897. $42.97i > .7.->ti : in IS'.tS. *4:!.- 

 334,281; in 1899, $51.542,635; in 1900, $52,717.41,7; 



