: * due to some Imperial consideration which applies either not at 
_ “all, or in a considerably less degree, to the case of Canada. If 
t 9 “ this be so, as indeed . there are other reasons for believing, I 
: j « should not, or at all events not exclusively, fall upon this 
Heslony, and that if in the national interest a right is to be 
“ withheld from Newfoundland which naturally belongs to it, 
“and the possession of which makes to it all the difference 
_ * between wealth and penury, there is involved on the part of the 
” “nation a corresponding obligation to grant compensation of a 
* value equal, or nearly equal, to that of the right withheld. 
_ 28. Without further reference to the Canadian Act referred 
a “to, 1 may mention as possibly having escaped notice, that its 
| 2 assured of being able to procure all they require on the coast 
| A of Newfoundland. 
“ 32. Now that I fully ad the eat position of the 
“colony, it is to me no longer a matter of wonder that the 
. “ Legislature has hitherto failed to ratify the proposed ‘ arrange- 
if «ment * with France ; indeed, I can scarcely conceive it possible 
ie a “ that this arrangement will ever be accepted so long as the bait 
_ clause remains in it, and no security is taken that the export 
| ‘ «“ bounties will not be maintained in their present footing. 
. “ 33. For though all the other articles have the appearance 
ie. “ of concession on the part of the French, and some are no doubt 
4 “ substantial concessions, they are all immeasurably outweighed 
_ “by the single concession required on the part of this colony.. 
_* For if there were granted to the French an inalienable right to 
_ “ procure bait here, the future, not only of the coast where they 
P “already have fishing rights, but of the whole colony, would 
“practically be placed within the control of their Government. 
A * Even if the present bounties should prove insufficient, it would 
f “require but a slight addition to them, involving an exceedingly 
_ “small cost by comparison with the enormous expenditure of 
| « France, to destroy the trade of this colony altogether and at 
: « once; and in view of the great importance attached to their 
