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'5': , l ts44,000 New Morse" 3 . .. [ _ Mara. _ . V,..¢....~ . 'rt,,ir-'/':', f."'Comintr down to the public ac- Trmripttmitr AND TBE'BUBDEN. "+3., nts for the year 1913-14, 1 ttttil ', _ , t .1" 9 amount of $544,000 ha. been in- Ontario's special war tax will be one mill on . 1iil1lll ter,', t "it; in; 932;?! "ferr?',', as a the dollar of the $1,800,000,000 taxable property (% 4 "iiirya ' t. 31, 1914, and I also tinfi'"tT..l"t of the Province lhe contribution of the people IQ 'a' ()'l5ta, , massaging i. {we twedit will be mow .. year, cities and m. cotttri- l ' . "'."t, ' . . rev no a Trea- ' , Cf 11rer as that that was left by thc buting directlyrrn'. small municipalities through! r" it ' inte Provincial Treasurer of $2.380.- the County Councils. With the exception of a It tdt, whiorh ouent'uittP'of1',vg,'g"d' the land value tax, this is probably the beat system), J i ance o e . . . su sidy rs . ' it was handled by the 'rr,Ci7,iUif . that could be devised. The collecting ot Provin- _ a Creoaurer " year ago. What ,3 a cial revenue by Dominion import taxation is prob- . "i receipt? 1 would ask the Provincial abl the worst method in ttect or w . . :2 'Treasurer in all fairness whethor 'JI', t th if?" _ . ithin Bight, k that $544,000 was new money arm an e use o e mun eipa taxing machinery A, came into the Treasury of this Prov- probably the best. The promise that it will only C, 'at glurllngltutlle tucal year ending last during the war may be'modiiied in the light . Hon. 'Mr. iivaarr.v--rnat itt an- I iof experience. Di vect taxation is lightest and in- I 'Iwered in the accounts. 3 l direct heaviest. and when the foolish dread ot di- We", Such tt Statement. l, (rect methc passes,' improvements will be et- 2 Mr. Howman---The Provincial fected. ll. disgssmg Prov1ncial finances, the fTreasurer says we have the "BMW new Treasurer, on. Mr. McGarry, essayed thel "J, pl; accounts. dp,),; I will have difficult task of putting an agreeable aspect on a .9 my own n erpretation. All I have to my in connection with that rapid descent into debt and an outlook for a pro- l: that never in the history of mm lgressive increase in various forms of taxation. ". , rovincc. the Dominion of Canada or I He is an aggressive tax collector, and plainly iii) any country where there has been in at dt th i . . ' responsible government has a Fin- , mate 0 e nsurance companies which havere- but, Mimi"? represented to the l fused to be made a part ot the taxing machinery' eop e a s a ement such as this: . - . . "' I Jected into the public accounts 'Ji of the Government that-if t.heir obiection on the', item of $544,000 and represented as ground ot indirect taxation is sustained, the Gov- a 'ip,t,"."ts//.'r Nlhg fiscal year. lernment will use its unrestricted authority over 7 i . i r. trGnrry replied it ras ' a matty of bookkeeping, anal" "ht; lall property to get the money trom or through . 'Ittort. friend could not a" the Jusllce ' lthem. There is no legal decision defining direct ' git-30PM- could not help him any ltaxation which the Provinces may levy and in- . idirect which they may not, but according to the This Year's Prospects. (nomenclature ot economic authorities the tax on Glancing m." the statement of re- 'insurance and similar companies is indirect. :elpts and expenditures for the on- The big deficit is concealed or rather denied by lung bear, Mr. Bowman said it was 1 i f 1 di i tttirnttt.et! the totul receipts would the separat on 0 ea Ing terns trom the list of 'li'l/.""lhdl, pug) figuresd to $10,000... F expenditures classed as ordinary. With this sep- . " rig tt expen iture whi h . . r . in the statement was shown in "mad aration the d.efitlt acknonledged is $697,000. {lures to be $11,000,000, and putting One of the devices used is the recording ot $544,- '2u',t,1',tprtux,',7anr1it1',t at the same 491, balance of interest adjusted re T. & N. o. . - two years. the member for f . . , . . West 1mm... claimed the total ex- Railway, as ordinary receipts and the entering of genditure In round tigurea would be the same item with the expenditures but.not in 16,000,000. This showed the Tren- th tf di "list ll . t d ' . Durer would have to find $6,000.000 e or Mary Ist. risen ere -as ordinary in- anitside y, ordilnlarly receipts, and to come and not as ordl iary expenditure. so it trans- - 8 must ie a ue whatever amt unt . . , - in expended on Hydro-electric, ' ters that much oi the deficit from ordinary to ex , traordinary. This item would make the ordinary 'rssea, Men f" the Farms. deficit $1,242,000. Of the admitted deficit $279,- o/t/yt1dPCi'tui' ulfitl,1ie'/ttohne" one 1000 consisted of patriotic contributions necessi- . . l .. - . Nation. declared that 'd' JS/ (Sign?) l, tated by the war, the total contribution up to date _ 31139 our present ftan,f/aa,,1 condition ibut not all included being $818,350. The war is ' e war. 'ana a was bound to ' q ' . . sweat blood for her financial care- ialso charged with a falling " in the sale of idleness. He expressed himself as (assets through the Department of Lands, For- ottppsed to the present system of civil lests, and Mines to the extent of $458,000. urvice appointments, and said that ' Trrr ee money spent to aid immigration l But the Province will bear the burden of extra- .. ttlt,Cietriie.,1 if; "if?" "Vilma" by (ordinary as well as ordinary defieittt. Direct lia- I . . . 1 (Mr. A, H. 'ii'lls'lr'f.o"J, 'l £3":er333 ibilities now aggregate $40,405,000. This does i ttet, Wllth his usual 'iy,"il,ie,'i,itg with l not imply that the Province is lacking in financial F» ingot gures. e commented I . " t 'd the grants to agriculture and edu- iiittoi1ity. . She could bear with safety double the . _ on as.r,otlrili.rur the wise policy of 'burden with which she has been bound. That l. 1ttyi1"fref,io1y and approved of does not lessen regret at the contrast between m war tax as a most equitable . ' manure. l what is and what might have been. Our financial _ . ---..--r--.r-- i [condition cannot but be regarded as lamentable . [by everyone who realizes the vastness of our i public heritage ot timber, minerals, land, and wa- terpower compared with our public needs. With 7 even ordinary care and ordinary intelligence this ' Province could have prospered far more satistae-l 'torily and expanded tar more rapidly without; f, 'ione dollar of debt or one dollar ot taxation. A; ( cel estate alienated and wasted leaves the Pro-l , _ ivine-e without any of the benefits ot good fortune l,, _ un recedented in the history of the Empire's col-l i, p A. t I _ _onial development. l t 7 e1tr.rerere1t1'r:-tTrer-er-r-1'-"r-T-r-' i r.c,m,1c',"i,:' . _ ' if: I _ . i1 tC-),.;':')', l it??? i a'al '