Canada; its Defences, Condition, and Resources: Being a third and concluding volume of "My Diary, North and South"Russell, William Howard, Sir
History
Canada; its Defences, Condition, and Resources: Being a third and concluding volume of "My Diary, North and South"
Russell, William Howard, Sir
Canada -- Defenses; Canada -- Description and travel
Estimated Outlay Estimated Local
for 1864 under Outlay under
Local Revenues. present Government. the Union.
Nova Scotia $107,000 $667,000 $371,000
New Brunswick 89,000 404,047 353,000
Prince Edward
Island 32,000 171,718 124,015
Newfoundland 5,000 479,000 250,000
--------- --------- ----------
$233,000 $1,721,765 $1,098,015
Canada 1,297,043 { [1] 2,021,979 [3]
{ [2] 238,170
---------- ---------- ----------
$1,530,043 $3,981,914 [3]
[1] Average of the last four years.
[2] Interest on excess of debt.
[3] Not estimated by Mr. Galt, for reasons given in the speech.
THE AUDITOR’S STATEMENT OF THE LIABILITIES OF CANADA
Debenture Debt, direct and indirect $65,238,649 21
Miscellaneous liabilities 64,426 14
Common School Fund 1,181,958 85
Indian Fund 1,577,802 46
Banking Accounts 3,396,982 81
Seigniorial Tenure:--
Capital to Seigniors $2,889,711 09
Chargeable on Municipalities’ Fund 196,719 66
On account of Jesuits’ Estates 140,271 87
Indemnity to the Townships 891,500 00
--------- 4,118,202 62
----------------
$75,578,022 09
Less--Sinking Funds $4,883,177 11
Cash and Bank Accounts 2,248,891 87
--------------- 7,132,068 98
----------------
$68,445,953 11
From which, for reasons given in his speech,
Mr. Galt deducted the Common School Fund 1,181,958 85
----------------
Leaving as Net Liabilities $67,263,994 26
IMPORTS, EXPORTS, AND TONNAGE OF THE PROVINCES.
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