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Speech of the Hon. A. T. Galt, Minister of Finance of Canada, on Introducing the Budget of 1862: Together With Statistical and Financial Statements (Classic Reprint) - Softcover

 
9780265005378: Speech of the Hon. A. T. Galt, Minister of Finance of Canada, on Introducing the Budget of 1862: Together With Statistical and Financial Statements (Classic Reprint)

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Excerpt from Speech of the Hon. A. T. Galt, Minister of Finance of Canada, on Introducing the Budget of 1862: Together With Statistical and Financial Statements

Hon. Mn. Galt rose and said, - Mr. Chairman, I shall have, on this occasion, more than at any similar previous time, to crave the indulgence of the Committee for perhaps a somewhat longer period than is usually occupied in making financial statements. The circumstances in which we now find ourselves placed are widely different from what they have been before, and I am sure the best attention and consideration of the Committee will be given to the facts which I shall have the honor to la)r before them. I trust, Sir, it may be in my power fully and clearly to place before the Committee the views of the Government, having reference to the finances of the country and the measures which we deem necessary to put those finances on a sound and proper footing. I hepe if I fail in setting forth to the Committee the full sense which we entertain, as well of our own responsibility as of the importance of the steps necessary to be taken, that the blame will be imputed to myself, without injury to the great interests involved. (hear.) When, Sir, I last had the honor of addressing the Committee of Supply, at the beginning of the year 1861, the progress of the country had been most satisfactory. Commerce had revived, we had been blessed with a most abundant harvest, and our people were happy, industrious and contented. Now, we find an entirely different state of things. Shortly after we separated last year the unfortunate fratricidal war in the United States broke out, and it has been found to affect our interests almost as disastrously as their own. The great convulsion which now shakes the United States from the centre, we feel in Canada too.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • PublisherForgotten Books
  • Publication date2018
  • ISBN 10 026500537X
  • ISBN 13 9780265005378
  • BindingPaperback
  • Number of pages52

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9780260673886: Speech of the Hon. A. T. Galt, Minister of Finance of Canada, on Introducing the Budget of 1862: Together With Statistical and Financial Statements (Classic Reprint)

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ISBN 10:  0260673889 ISBN 13:  9780260673886
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Paperback. Condition: New. Print on Demand. This book delves into the intricate financial landscape of Canada in 1862, a pivotal year marked by economic challenges and the looming shadow of the American Civil War. The author meticulously examines the nation's fiscal policies, exploring the complexities of taxation, public debt, and government expenditure. Through a comparative lens, the author contrasts Canada's financial standing with that of European nations and other British colonies, highlighting the unique advantages and burdens faced by the young nation. The impact of infrastructure development, such as canals and railways, on economic growth and trade is thoughtfully assessed, revealing the long-term benefits of these investments. Central to the book's narrative is the government's struggle to address a significant budget deficit while ensuring the nation's security and stability. The author dissects proposed solutions, including the introduction of new taxes on goods like spirits, beer, and tobacco, and the creation of a domestic debt instrument ΓΆβ β Exchequer Bills. These measures aimed to bolster revenue and reduce reliance on foreign borrowing, reflecting the evolving economic realities of the time. By offering a comprehensive analysis of Canada's financial policies during a critical juncture in its history, this book provides valuable insights into the challenges and opportunities that shaped the nation's economic trajectory. The author's meticulous research and insightful commentary shed light on the complexities of fiscal management and the delicate balance between economic growth, social welfare, and national security. Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. Seller Inventory # 9780265005378_0

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