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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - February 24, 1915, Lethbridge, Alberta WEDNESDAY, FEBRUARY 24- 1915 THE LBTHt?RlDGE DAILY HERALJ* PAGE SEVEf EM IN mOIIURE .LIBERAL FINANCE CRITC SHOWS HOW ECONOMY GOVERNMENT IS NOT ECONOMIZING , Ottawa, Onl., Feb. 23.-In the house this afternoon, A. K. Mac.Lean, Hnan-, cial critic for the opposition, resumed � the budget debate, and said he proposed to deal with the budget in three distinct divisions: the 'war hudeet, the civil budget, nnd the methods chosen to raise supplementary revenue. Hehad but little to say concerning the war budget. In August Parliament had voted .^50,000,000 promptly, and they were prepared Intho sarafe spirit to provide any money that might be required today. In the !aco of one of the most momentous, as well as one of the most tragic wars of history, we had the confidence that it was not a war for domination, but for the extermination of in.illtaryi autocracy and the perpetuation of democratle rule. It was a war to place on a sound basis internatlon-�1 law and international obligation; to restore to an invaded kingdom its sovereign and its soil. Under these clr-:;,c~nmstances His Majesty's loyal oppo-eltion was prepared to facilitate with unanimity and promptitude the paa-eage of the ?:lO0,O00,0On for which the. government had aslted, and they would stand ready to supplement that ,t6 any amount that might be necessary. Only one condition alone would they exact from the government, and that was a realization of the great .trust and a strict account of Its stewardship. They would ask for increasing vigilance against slipshod methods In the departments and against dishon-'^st contractors. Notliing would- so Stir the indignation of the country as that the cause tor which we were fighting should sutter tliroueh the ^Daachlnation of patronage brokers, un-'iess it was that this suffering was duo to laclt of foresight and laxity In the government departments. So much he had to say regarding the 'war budget. On the balance of the budget he was in direct and open conflict to the government. Our ordinary expenditures and our methods of raising revenue were purely domestic questions, and the circumstances called for a cleor consideration of the civil budget. ' The budget speech which had been .delivered .this y.ear was the most disastrous financial etatement ever delivered in .the hts-j. tory of the country. Accordingly, said (Mr. McLean, while do,n.o >*iolence to the political t^uce, he ^iculd discuss our revenues and ex-pendltures at some length. GREATEST OF DEFICITS For the. year Just closing, apart from the war, we had a revenue of $130,000,000 and an expenditure of $190,000,000. This left a deficit of $60,000,000, the greatest, increase in: the public debt � since comlederation. For the coniinK year,-apart from the ;War, there would be a deficit of $84,-000,000, or for the two years of );144,000,000, although this would be reduced to whatever extent the finance minister was succesaful in ob-^ 'taining new revenue. i Might this disastrous �tate of affairs, went on Mr. McLean, have been avoided ? Was the government wholly 'pr partially responsible ? | He was confident that he was nblc show that heavy increases in debt might easily have been avxiided. There iiad never been any attempt under the existing government to establish an ecfuilibrium between revenue and expenditure. It might 1)6 said ot this government that they Ivad inherited a highly sohT-nt estate, and they had reduced it to a partial declaration ot insolvency. In tact they had exalted expenditiure into a virtue. ' In 1910, the expenditure of the country was $79,00'0,"000' or $80,000,-000, and the present prime minister had said that this excessive expenditure was prime facie evidence pf corruption. What did the prime niipister think of an expenditure ot $140,000,- Dissolutlaii of Partnership Agreement Owing to the mutual dissolution of Partnership between H. Light and A. L. Floret, cari-ying on business under the name ot Light & Floret, Orpheum Theatre, Letlihrldge, the said H. Light has assigned all his interest to the said A. L. Floret ^and further the said A. L.- Floret assumes all liabilities Incurred until February 20th 1915. at this date Uie said H. Light has retired from the firm and released from all responsibility. Signed H. Light, Alexander L. Floret C3-3 000, ospeaially when you took Into /consideration the financial and national conditions of the country '! Sir George Foster had'"'protested against an expenditure ot $70,000,000, but had ho ever protcstad against the present expendttuio ? In opposition, the Con- i servatives had said that they would Ireduce tlie expenditure materially, I and had professod a high code of ethics In regard to the management of the national exchequer. The Conservative haiulliook ot 1911 had stated that the people should "exact rigid compliance" with pre-election prom-.i ises. How \vas that to be applied today ? if an expenditure of $80,000,000 was prima facie evidence of corruption, was not the present expenditure actual cDufe.ssiob of guilt ? Mr. McLean proceeded to review the expenditures under 111!' Liberal and Conservative governments. In fourteen years, the Liticrals, ho said, had increased expenditure from $37,900,000 to 79,-000,00(1. They had practically douliled expenditures in fourteen years. In the lasi; five years, chiefly under Conservative rule the expenditure had been Iiractically douUed again. It might be said that this increase was .iusii'Hed 'by Increasing revenues, i but this was not thf case. In 1912-13 with a revenue of $l(i3,000,000, the ordinary expenditure had been $112,-000,000. The expenditure had none on Incroas'lng and the revenue decreasing since that time ; and this year, with a revenue ot only $130,000,000 there was an expenditure of $140,000,000. I MR. MacDONNELL REOLIES Claude MacDonnell, ot South Toronto, who replied, expressed pleasure at j the earlv remarks ot Mr. McLean in regard to the war. But for the assurances given, one might expect from his subsequent remarks an eight or ten months' session. He had assumed the attitude of one who fails to realise that a state of war exists. He seemed to be pleased with the in the immigration figures, and failed to realize that the world is laboring under the throes of a great war. On Friday and Haturrtay aftornoons, from 2.;!0 to 5..'!0 p.m., Oaskell's four-piece orchestra will render a delightful musical program, on the second floor. Comfortable easy chairs will he found for those who would like to sit, rest and listen to tlie iniislc. Friday's score will be announced In tomorrow night's paper. Dai nty Afternoon Tea will be Served to You-Free Dainty afternoon tea sandwiches, cako and tea. will bo served to tho ladies free in our popular Tea Room.s, between the hours of 2.30 and 5.30 on Friday and Saturday afternoons. por Fri'l/i;/ and Snlurdoji ivr announce our FoiniAL Oj'; or Avthoiht-ATivE Sf'u],\"n Httlks-tlic lalcsl word in F