Canada, without the produce of the new taxes $1,500,000 New Brunswick 100,000 Nova Scotia 100,000 ----------- $1,700,000 Deficit of 1863 $827,512 Surplus of 1864 872,488 ----------- $1,700,000 Total Revenues of all the Colonies, 1864 $14,223,320 Outlay 13,350,832 ----------- Estimated Surplus $872,488 THE POSITION OF THE CONFEDERATION, ESTIMATED ON THE BASIS OF 1864. Revenue now Local Revenues Subsidy to Difference, produced for which would be paid to available for General not go into the each the purposes Government. general Chest. Province. of the Genl. Canada $11,250,000 $1,297,043 $2,006,121 Government. Nova Scotia 1,300,000 107,000 264,000 New Brunswick 1,000,000 89,000 264,000 Prince Edward Island 200,000 32,000 153,728 Newfoundland 480,000 5,000 369,000 ----------- ---------- ---------- $14,230,000 $1,530,043 $3,056,849 $9,643,108 Difference Expenditure. Local Outlay. payable by the Genl. Canada $9,800,000 $2,260,149 Government. Nova Scotia 1,222,555 667,000 New Brunswick 834,518 424,047 Prince Edward Island 171,718 124,016 Newfoundland 479,000 479,000 ----------- ---------- $12,507,591 $3,954,212 $8,553,379 ---------- Surplus at the disposal of the General Government $1,089,729 AVERAGE OF THE PRESENT TARIFFS. Canada 20 per cent. Newfoundland 11 per cent Nova Scotia 10 ” Prince Edward Island 10 ” New Brunswick 15½ ” FUTURE POSITION OF THE PROVINCES.