New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-11-16

ko~sst,ss Of these lsndc miDes and minerals NJ The
time Of the uhinl shall belong 10 the ioca4 govern
81, The varions governments shall remain rcsprc
tjyey In possession Of all other public properties 10
ated there; but the Confederation shaiI nave te g'
take the lands which 1t may require iof
! or the defense Of the country.
! Sc. The General Government shall appropriate all
| the debts and the obligations ~ the Provinces ~
SO The debt Of Canada, which shan not be spec'
attributed 20 Upper and Lower CANADA rrspestN.p'
will not, the ins of the Union. exceed so2 80, 90
the debt Of Nova Scotia sSO.DOO ara THAT {" New
! Brunswick, e7O0G00.
! go BDt in case Nova Scotia and New-Erlnsplo'
do not contract Obligations exceeding those to %hivl
these Provinces are actually subjected, nEd hai t't,
obligations shall he respectively lees thhn sVvV no
s. VO0I st the time Of the Union tneN 'han a''s lio
tight 10 receive al M per ce. the diff renee winch er
ists between The real fnres .nd then obligations ana
those of 5000 90 and Sc 0co 90 respectively. New
fountain, eDd FRINGE Hdward Island ero 10 be similarly
| dealt with.
"he Preceding las not tor It's object TO restrain the
Ipowe's which tue governments Of these Irovsttes
through their legislatures possess but solely 10 limit inc
maximum Of Obligations which they may bring against
tue General Go'crnmeni. b9' the fcsp'use - ne
power ~ contract obligations ol Whch we afo aOou' "
| speak. ,r,a1
"Gl. As Newfoundland and Prince Edward Island
have not contracted debts equal 10 those OF ie vut
pro,ince they will have The right 20 receive an au
vance from the General Government IN rch'annun
! payments OF nteres: at i've per cent on the uiioi
which exist between Tue amVui.t w '+tb ~
spectye debts at the time Of tie Union. ana lhe ave
rage amount Of the debt per head o! ihe polua'io ~
Canada, Nova Scotia aud New-5Tunswick at the SAM
"G2 In eonseou ~ the transmission Of the power
of taxation to the General Legislature the provinces
will respectively have the right 10 an annual SUBSIDY
eighty eents Per head Of the PopLaO9 Non
4 is estimated for this object at lD,uD eoult IN
provinces will not be laie In future TO eleim large
amount from the Genera Governments. and his amouh
"A 81 ..f- ~ n
i "G' As he position Of New Brunswick II snch iha
r.s rr.,.Ycc m ~ obliged Immediately TO make con
uul.... ~. oi ITS local revenue, u Nil r.
e.f-. an 'y ,I... 90 tel years additional sum q
-o}OtO But =. long "a it, oblSaiiOns remain below
s5.0OCO there VIII be deducted from this sum Of sos
OO amount equal 10 the interest Of five per cent OF
tie difference between the real sum Of its pro'lnca
debt and S7.oJlpn.
'ci. Newfoundland viii, in consideration o. ryins
mp 10 rights N IT. mines. tneIaiH' ana oIVS" Iauh
which are not yet either sold occupied, receive
$40 900 year IN semi annual payments. but ms prov
nce reserves tie right "a Open construct ana eohTo
roads and bridges, situated on lis anus Nhieh hIn
however be under Subsection 20 laws which tho Gen
eral Parliament viii think Il necessary 10 sdopt IN re-
gard 10 them.
"6s. The General Government viii assume all d.
engagements which VIII b. made pciorr me mon VIM
the Imperial Government for the defense % tie prov
inccs.
l 90 The General Government stall canse ~ he com
pet,d without delay she iDereDonid l.niroad non
I bivicredu Lour TO Truro in Nova scotia causing
to pass through New irunsW!ck.
/ "b7. 1he Convention Icg CARDS ~ Of the HIGHEST I'm
port auce to be confedcf I'D provinces the communion
lions with tue Northwest territory and or The de,ei
opmout Of the commerce Of lie great Wet with th'
ocean; sud Il engages 10 realize these projects as sool
as the state Of the finances shah permit.
"Gs Ihe sanction Of the Imperial Parliament and o
The local Paanents the uAOn 81 the Provinces, 81
the principle, adopted by the Convention. is 10 b
! sought
| "6g The deliberations If the Convention shah II
signed DIV The Delegates and submitted by each loco
delegation ~ II. Government; and the Presdcnt Of ~
Convention is authorized 10 submit copy Of II to u
Governor General 20 be- transmitted 60 tie secretary O
State lor the Colonies"