New-York tribune., 1867-04-12

ing resolution "That the Commissioners OF Her
Maestys Treasury DO authorized TO guarantee interest
az rate not exceeding four per cent por annum on any
sum not exceeding s3,OoOOOo sering to be raised by
loans by the Government Oi Canada for the construction
of railway between Quebec and Halifax" Personally,
he was not at all in favor of guaranteeing loans to the
colonies aud ne hoped that this would be the last of
them There were however special circumstances con.
uccted with this undertaking which had Dec" thlktu
about of many years anu naI! t i, & mo - ~ Nd n,I
become an essential condition IN tho confederation oi ti9
British American Provinces. There was not ne rEBhtcst
chance Of any demand being made upon this country
which. however would DE largely Denefted ny the fao
titles that would afford for the conveyance OF troops
and the defense OF the colonies with which the c0mDl
nicati0n would he kept open during an The year. thus al
lowing q considerable reduction III the force now man
tained I'm North America lie showed that the revenue
OF the colonies amply Sufnclent 10 maihalh me
them to the money more fgyorabc terms for an
undertaking which was to great extent an nnpoIal
and absolutely essential for TIE future progress
Mr. Aytoun opposed the resolution protesting against
Sontry Sy Ie for such purpose He complained la no
formation estimates of the cost Of the proposed aw
had been given and cOnended that the money would De
wasted for tho defense Of Canada, which, If attacked ny
the United States in his opinion. ndefenslDe oI
loan would be gigantic ease Of fraud worse than any
that had taken place IN connection with American r'i
MIR Gladstone would not dispute the experience OF the
honorable member This case was hoMeysr very Si mifp
ent The line would be constructed by the responsive
Government OF the colonies, and they must plST Sont %
reliance in free government The gMhee MUu Mt M ,ho
depend on the commercial OF the line nut Oh 1e
credit and revenues OF the colonial GoyelleHis iio
supported the resolution. pointing 4nt @ tht no no rTy %
was likely to be thrown on this country hat tho niwaS
would be valuable means OF ueiensv . i,I ~" H. -,
TO the great work of confederation, Tor Whch the c
Government Nyas a much responsible as tne present
Government would not only develop the hs'eilnl
resources Of the colonies but also hcil ScLls' W So
pOsitiOn which il placed by inc pcscn system o
colonial defense He pointed ont the loyalty OF tle
British Americans The only source OF danger 10 tnc
arose from their connection with England, ana lie eX
pressed hope that the House woud oe"i win 'ne "
spirit OF equity and hberality. =,
MIR. Lowe strongly opposed the resolution lie con
tended that as q of defense the railway would hc
useless In the event Of a the Americans would at
once seize it, in that IL would be source OF great
danger The people in the North American Colonies were
for better off than the people OF England ana
he against the being asked 10 assist inc
richer. and objected TO the assumption Of any rcspoa
ity behalf OF the defense of Canada against the ne
states The idea of doing successfully chimci1cal
and the Americans would naturally bcheNc tat We NcIe
setting up "a rival and n competitor against them.
After remarks from Mr.. Wakn III favor OF thc
motion the Committee divided. For the resolution 2'
agreed 10. and ordered TO be read TO the House
ENGLAND AND TURKEY.
In the House OF Lords March 2s. in reply to ques-
ton from Lord Denbigh Lord .Dcrbv stated that Her
Maiestys Government had not been invited to join
France Russia and Austria in identical note recon-
mendng HE Porte to transfer Gambia TO Greece. What
had happened was this: The French and Russian I'm
bassadors in London had asked Lord stanley IN the
course Of conversation whether he would Join In ad-
Vsing TurkcyO agree 20 the CessOn and the reply OF the
Foreign Secretary was that while lac should not feel JUS
titled In Offering such counsel he would throw no osa
Gle in the way of the surrender OF Crete Turkey thought
tit voluntarily to cede the island.