I desire to enter an objec-ton to the argument made by the hon. member for West York, concerning the value of property in the city of Quebec. The inference which he has drawn from the dilapidated state of the property in the neighbourhood of the coves, is not justified. The depreciation of the value of that property has arisen from causes over which no merchant in the city of Quebec has any control. The forests of the country have been lessened, and the method of exporting wood has been changed, as a result of which that property has become almost absolutely valueless for the purposes to which it was put thirty years ago. Those gentlemen who visited the city of Quebec a few days ago saw the
disadvantages under which the city had laboured on account of the decay of that [DOT] industry, and the same remark will apply to the decay of the industry of wooden shipbuilding. Notwithstanding these hinderances, those gentlemen saw the prosperity which is evident throughout the town itself, the fine streets, the new buildings, the factories that were seen not only In the upper town, but in St. Roch and St. Sauveur. They could see that this city had prospered mightily in spite of the drawbacks. Now, as regards the price of this property, I do not pretend to be an expert, but I know Mr. Price, and Mr. Chau-teauvert, and nearly all the other gentlemen whose names have been mentioned by the right hon. Prime Minister. They are men in whom I have eveiy confidence, and I am delighted to see that this property is being purchased.
Some resolutions reported.
On motion of the Prime Minister, House adjourned at 12.45 a.m. Wednesday.
Wednesday, May 22, 1901.