approach the Minister of Finance of the day, representing that he had it in his power to save the shareholders from ruin, and preventing that commercial derange ment which would otherwise ensue, would not that Finance Minister be placed in great danger? He would not assume that the discretion placed in the hands of the Finance Minister would be abused; but no Legislature ought to be invited to enact measures, the consequences of which would depend on the judgment and discretion and good faith of the Ministry of the day.

Hyacinthe), Dorion, Ferris, Fortier, Fournier, Gibbs, Godin, Grant, Hagar, Holton, Hutchison, Joly, Jones (Halifax), Kemp, Kirkpatrick, Lapall, Macdonald (Glengarry), MacFarlane, Mackenzie, Magill, McConkey, McDougall (Renfrew), McMonies, Merritt, Mills, Morrison (Victoria,) Oliver, Panquet, Pelletier, Pickard, Power, Poser, Redford, Ross (Dundas). Ross (Prince Edward), Ross (Victoria, N.S.), Ross (Wellington), Rymal, Scatcherd, Smith (Westmoreland), Snider, Stirton, Thompson (Haldimand), Thompson (Ontario), Tremblay, Wells, White (Haldimand), Workman, Young-64:

NAYS.-Messrs. Abbott, Archambeault, Ault, Barthe, Beaty, Bellerose, Bennett, Bertrand, Blanchet, Bodwell, Bourassa, Brown, Cameron (Inverness), Cameron (Peel), Campbell, Carling, Sir George E. Cartier, Cayley, Chauveau, Caron, Coffin, Costigan, Crawford (Brockville), Crawford (Leeds), Cumberland, Lawson, Levesconte, Little, Macdona'd, Sir J. A., Macdonald (Antigonish), McDonald (Lunenburg), McDonald (Middlesex), Masson (Soulanges), Masson (Terrebonne), McCallum, Macdougall (Lanark), Macdougall (Three Rivers), McKeagney. McMillan, Moffatt, Morris, Morrison [Victoria], Morrison (Niagara), Munro, Nelson, Pearson, Perry, Pinsonneault, Pope, Pouliot, Renaud. Robitaille, Ross (Champlain), Ryan (Kings, N. B.). Ryan (Montreal West), Savory, Scriver, Shanly, Simard, Stephenson, Street, Sylvain. Thompson, Caribool. Tilley, Tourangeau, Tupper, Wallace (Vancouver's Island), Walsh, White (East Hastings], Wilson, Wright [Ottawa County.]-95.

Mr GIBBS moved in amendment that the word "Twenty" be struck out of the sixteenth line of the bill, and the word

Fifty" substituted. The effect of this would be that the Finance Minister would be obliged to hold fifty per cent. of the excess above nine millions in gold instead of twenty per cent.

Mr. ANGLIN was also astonished at the language of the member for Welland. He had stated that the Minister of Finance only asked for power to issue small notes. That was not the case. The Minister of Finance, in introducing the measure, urged upon the House that there was a great want of small notes throughout the country, which would be remedied; but the bill was not confined to small notes. but covered notes of all denominatiors. A bank would be enabled to obtain $100,000 in notes by depositing with the Government $200,000 in gold, and their own deposit receipt, not bearing interest, for the balance. If they issued their own notes they had to hold a certain sum in gold and specie, so that, really, it would be better for them to issue Government notes than their own. Again, in issuing their own notes they had to be very care. ful, so that in case of a sudden demand, they would be able to provide for their redemption. But there was no such res. ponsibility connected with Dominion notes, and this again would be an induce. ment to issue Government notes. When the bill was first introduced he thought it fraught with danger to the best interests of the country, and subsequent consideration only convinced him that his first impressions were correct. If the only object of the Minister of Finance was to meet the requirements of the country, why did be not propose a limit to the circulation? He should feel it his duty to vote for the amendment, though he wished the figure (Renfrew] McMonies, Merritt, Metcalf, Mills, had been somewhat higher. He did not oppose the measure because he lacked confidence in the honesty and sound judgment of the Minister of Finance, but because he conceived it his duty, as a member of the Legislature, to provide a sound and wise protection.

A vote was then taken on the amends ment of the member for Waterloo, resulting as follows: Yeas, 64; nays, 95.

YEAS-Messrs._ Anglin, Bechard, Blake, Bodwell, Bolton, Brousseau, Bowman, Burpee, Cameron (Huron), Carmichael, Cartwright, Che■, Chipman, Connell, Coupal, DeLormé (St.

Hon. Sir FRANCIS HINCKS explained that, although the Government had fixed the minimum at twenty per cent., they could increase the amount if it should prove to be necessary; but he did not think that the cast iron rule proposed by the hon. gentleman, that fifty per cent. should be held in specie, was advisable. The amendment was defeated.

69; nays 89.

Yeas

YEAS.-Messrs. Anglin, Blanchard, Blake, Bodwell, Bolton, Bourassa, Bowman, Burpee, Cameron, [Huron] Cameron, [Peel] Carmichael, Cartwright, Cheval, Connell, Coupal, Delorme, [St. Hyacinthe] Dorion, Ferris, Fortier, Fournier, Gibbs, Godin, Grant, Hagar, Holton, Hutchinson, Joly, Jones, [Halifax] Jones, [Leeds and Grenville] Kempt, Kirkpatrick, Lapum, Macdonald, [Glengarry] MacFarlane, Mackenzie, Magill, McConkey, McDougall, [Lanark] McDougall,

Morrison, [Victoria] Munro, Oliver, Paquet, Pelletier, Prichard, Power, Pozer. Redford, Ross. [Dundas] Ross, [Prince Edward] Ross, [Victoria] Ross, [Wellington] Rymal, Scatcherd, Snider, Stirton, Thompson, [Haldimand] Thompson, [Ontario] Tremblay, Wallace, [Albert] Holton, Whitehead, Workman, Young. Total yeas, 69.

NAYS.-Messrs. Archambeault, Ault, Barthe, Beaty, Bellerose, Benoit, Bertrand, Blanchet, Borrell, Brousseau, Bowen, Cameron, [Inverness] Campbell, Carling, Caron, Sir Geo. E. Cartier, Cayley, Chauveau, Coffin, Costigan, Crawford, [Brockville] Crawford, [Leeds] Cumberland, Daoust, DeCosmos, Delorme, [Provencher] Dobbie, Drew, Dugas, Ferguson, Fortier, Gaucher, Gaudet, Geudron, Grey, Grover, Harrison, Sir F. Hincks, Howe, Hurdon, Jackson, Keeler, Lacerte, Langevin, Langlois, Lawson, Leves

conte, Little. Sir J. A. Macdonald, [Kingston] Macdonald, Lunenberg] McDonald, [Middlesex] Masson, [Soulanges] Masson, [Terrebonne] McCallum, Macdougall, [Three Rivers] McMillan, Moffatt, Morris, Morrison, [Niagara] Nathan, Nelson, Pearson, Perry, Pinsonneault, Pope, Pouliot, Renaud, Robitaille, Ross, [Champlain], Ryan, [King's, N. B.] Rvan, [Montreal West] Savary, Scriver, Shanly, Simard, Smith, Westmoreland] Stephenson, Street, Sylvain, Thompson, [Cariboo] Tilley, Tourangeau, Tupper, Wallace, [V. I. Walsh, White, [East Hastings] Willson, Wright [Ottawa County). Total nays, 89. The original motion was then carried on a division, and the bill read a third time and passed.

MANITOBA EXPEDITION.

A resolution declaring it expedient to indemnify members of the Privy Council, the Auditor-General and all other persons concerned in the issue of a special warrant for $100,000 to meet the expenditure on account of the expeditionary force sent to Manitoba, was adopted. and a bill Introduced, founded upon them.

INSPECTION.

said that he thought he had sufficiently explained the purport of the measure, when he introduced the bill the other day. There were several of the resolutions which ought not to be taken into consideration in committee of the whole House; but in order that the scheme should be better understood, it had been arranged that an analysis of the bill should appear by reading the resolutions themselves, and he would give the House an explanation of every item as it might come under discussion, He had forgotten to mention when he addressed the House previously, that, with regard to that portion of the proposed railway, if Nipissing is to be the starting point, that will run within the limits of the Province of Ontario, he would inform the House that some months ago, a deputation of his colleagues were authorized by Order in Council, to meet she Government of Ontario in order to confer with them respecting the lands they would be willing to place at the disposal of the Dominion Government to aid in the construction of such portion of the Canada Pacific Railway as will run through Ontario. He thought the Minister of Finance and Seques.cretary of State were the gentlemen authorized to confer with the Government of Ontario, and if his memory did not fail him, the result of the conference was that the Ontario Government would be inclined to place at the disposal of the Dominion Government, for the benefit of the company building the railway, every alternate block, as was promised in the Province of British Columbia, They had no reason to believe other than that the understanding arrived at with the then existing Government of Ontario would be carried out by the present possessors of portfolios in that province. The resolu tions he had the honour to introduce did not ask authority to give to the company constructing the railway property which did not belong to the Dominion. The bill in the hands of every member provided that, with regard to that portion of the railway passing through the Province of Ontario, the land grant to be given to the company shall be such as may be agreed between the Dominion and Ontario Governments.

On the resolution declaring it expedient to amend and consolidate, and to extend to the whole Dominion of Canada, the law respecting the inspection of certain staple articles of Canadian produce, tions were asked by the hon. members for Halifax and Chateauguay, as to whether it was intended to make the inspection of all the leading articles of produce compulsory.

Hon. Sir FRANCIS HINCKS replied that the Government intended to refer the bill proposed to be introduced to the Committee on Banking and Commerce, for the purpose of ascertaining what articles should be obligatory, and he thought the matter should be allowed to stand over until the report of the committee was received.

The resolution was then adopted and a bill introduced.

THE TREATY BILL.

In answer to the hon. member for Peel,

Hon. Sir JOHN MACDONALD stated

that it was the intention of Government to go on with the bill respecting the Treaty of Washington to-morrow (Wednesday).

It being six o'clock, the House rose.

AFTER RECESS.

PACIFIC RAILWAY.

Hon. Sir GEO. CARTIER, ia moving the House into committee on certain resolu tions respecting the Pacific Railway,

upon

The House then went into committee, Mr. Street in the chair.

Hon. Sir G. E. CARTIER moved the first resolution as follows:

"That a railway, to be called the Canadian Pacific Railway, be constructed in pursuance of, and in conformity with the agreement made between the Dominion and the Province of British Columbia, and

terms to the Province than the main line | could be, and at an earlier date. 'It was necessary, in view of the settlement of the country, that that part of the line should be constructed at once, and he would suggest that the Government should not bar themselves from separating that portion of the line from the others. At the same time they should be careful that the policy of the country was not interfered with by private enterprises, and he thought that provision could be made against it in the Act.

Hon. Sir G. E. CARTIER said, with regard to the remarks of the hon. member for Sherbrooke, that the general purport of the scheme met the objection he had taken. There was no doubt that a branch line to connect Lake Superior with the Main line should be built, and the Government had taken power to grant aid to a company formed for that purpose. If they could agree, the same course would be adopted with regard to the branch from Fort Garry to the province line of Manitoba, in order to unite with the American system, and the Government had observed with pleasure that several companies were seeking incorporation for that purpose. Last year when he proposed the resolution that the Pacific Railway should be built and worked by one company, he was met with the objec tion that it would be impossible to find any company even with assistance in money and in land to build the railway; but it had been found, he was glad to say, that there were several companies seeking incorporation for that pur рове. of policy the Govern ment would be to allow all these companies to obtain Acts of incorporation, whether for a portion or the whole of the railway, reserving to themselves power, however, to deal with them afterwards. With regard to the branches, if the Government agreed with any company, the assistance to be afforded them would be in land and not in money; the money subsidy would only be for the main line. The first thing would be to build a branch from Fort Garry in order to connect with the American system, about seventy miles, and if the Government could agree with any of the proposed companies they would do so. At the same time they must understand that the Government would not be forced into a large price.

The

Hon. Sir ALEXANDER T. GALT be lieved that the best plan would be to connect the American line with Fort Garry and thence to Lakes Manitoba and Winnipeg, making use of steamboat navigation on those lakes.

the

This would afford facilities for settling the country, and the Pacific Railroad could be carried on at the same time. He was glad to hear that the Government proposed to permit the incorporation of these local companies, and hoped that they would not, in their arrangement with companies, so bind them as to delay the completion of the road.

Hon. Mr. BLAKE agreed with the hon. member for Sherbrooke that the House, having undertaken to build the railway, they were bound in good faith to carry it out. The question now to be considered was with reference solely to the mode which the Government propose to carry out the scheme, and it was on this point there would be difference of opinion. It might appear to the Opposition that the construction of the road might best be promoted by delaying the matter until the surveys were more complete, that an undue degree of power to the Government determining the location of the road was being proposed, that the land grant should be modified, and that the sanction of Parliament was necessary to any agreement between the Government and the company. It might be necessary to bring forward such propositions as these, and he contended that such propositions would be consistent with the views they had expressed of the absolute necessity of car rying forward this work with the utmost expedition compatible with propriety, in accordance with the terms of the treaty with British Columbia. He would take up these questions as the several resolutions came up.

Mr JONES (Leeds and Granville) did not consider that he was bound by the action of the House last year. The Minister of Militia had then stated that the resolutions were passed on the understanding that the road would be constructed by private enterprise, and would not increase taxation. If that could be shown he would not be opposed to the construction of the road. He was willing that the proposed land grant should be doubled if necessary. He believed railway companies had proved to be the best land agents possible, and was willing to sustain the Government in this course, provided taxation was not increased.

Hon. Mr. BLAKE said that they had requested that the resolution following the address to Her Majesty last year should form a part of the terms of union with British Columbia. This, however, was not done, and the country was pledged to build the road at once.

Hon. Sir G. E. CARTIER said the Government had not acceded to the proposi

tion because they would thereby have changed the terms of union with British Columbia and that country,would not have been united to Canada to day, for the change would have had to be submitted to British Columbia for their consent.

Hon. Mr. MACKENZIE.- What then was the meaning of the resolution of the hon. gentleman ?

suggested that all contracts should be submitted to Parliament, and he considered that. if the Government could not make arrangements that would be in every way satisfactory they would be justified in cal. ling an extra session of Parliament, and lying the whole matter before the House. He had voted for the resolutions last year, because he believed ten years was quite enough to build the road. Capital was plenty, and could be got as cheaply as it ever would be, and he had no fear of the great bugbear that we were going beyond our means.

Mr. HARRISON, (West Toronto,) said that the ques ion was not so much what he had done in the past in reference to this railway as what he intended to do in the future. The intention of all with scarcely an exception was to build the

Hon. Sir G. E. CARTIER.- Because the Government concluded that it was better that the railway should be built and worked by a company than by the Government. Mr. FERGUSON said it was stated that the non-acceptance of terms would have interfered with the Union at the time the matter was settled. A delegate from British Columbia was present who had been appointed by the Lieut.-Governor, who had admitted that the propositions were satisfactory. When the House met and the mem-road and to do it as quickly as possible. bers from British Columbia were prezent, This would be found to be the almost uniand the question came up for discussion, versal sentiment of the House and the there was no objection to the matter; and country. The Dominion was in honour whatever might have fallen from the mem bound to do it - as it was her interest to ber for West Durham, the House had no do and settle the North West. It was a intention to go beyond the grant of land duty to ourselves, to the civilized world, and money named in the resolutions. The and to the surplus population of the old increase in amount from last year was be- world; and it was also the duty of the cause the length of the road was not then Empire to see that the road was constructcorrectly known. The annual expenditure ed. The Americans had already one road involved in the road was said to be one and proposed another, and every one knew and a-half millions, and as long as that that the Canadian road would have great was adhered to there was very little to advantages over the American line. The complain of. He thought the member for great tride of the east was a prize in which West Durham might have informed the the rising Dominion would benefit. He House what the Ontario Government approved of the mode of construction would be prepared to do in the matter. being by private enterprise, and also of It was very easy to object, but the ques the idea that there should be competiting tion was "was the road to be built?" Can- companies, and hoped that no company ada wanted the great north-west, and honestly seeking incorporation for the having got it she would hold the House purpose would be refused on any technic responsible for making it available. Withality If Canadians were capable of conout a railway it would be useless. No structing the work they ought to have the doubt the Ontario Government would preference over foreign capitalists. Amer carry out the intentions of their prede- icans had found it necessary to engage Cancessors in the matter, as they had already adian engineers in their most difficult expended nearly four millions in railway undertakings, and they had not to go enterprise. He hoped the House would outside the House to get as high engineersoon know what the cost per mile was ing talent as could possibly be found. likely to be. $30,000 had been named, but (Cheers.) He quite approved of the propothat amount would be a very extravagant sition not to deplete our exchequer by estimate. Still, with a subsidy of $30,000,- giving the whole subsidy in money. The 000, and 50,000,000 acres of land repre- only way to make the land valuable was sented $50,000,000; there would be $80,- to open it up and settle it by people who 000,000 with which to construct the line, would contribute to the revenue in both which would almost allow the amount per customs and excise, and he knew of no mile spoken of. He believed that railway way so likely to bring this about speedily companies were about the best immigration as to put the land in the hands of compa agents possible, so that there were proper nies, with proper restrictions. He was glad Jestriction to prevent any monopoly. The to see that the line would come near Lake Government ought not, however, to rush Nipissing. The Government of Ontario into the matter blindly, without first know would, no doubt, be asked to assist in the ing what the cost would be. It had been matter, and they would, no doubt, act in