amounted to $239,025,360, or an increase at the rate of about 9 per cent in those five years. But in 1896 a change came over the affairs of this country ; the shackles were taken off trade ; the wheels of commerce were set in motion ; and immediately Canada went forward by leaps and bounds. In 1891, 5 years afterwards, what do we find? The foreign trade of Canada rose from $239,000,000 to $386,900,000. Our foreign trade in those five years increased at the rate of 61 per cent, instead of 9 per cent as in the previous period of five years. But, Sir, notwithstanding that our foreign trade increased with this rapidity in the past five years, the end is not yet; and year by year, and month by month, we are able to report a steady increase ; and it must be gratifying to all true Canadians to know that this great Dominion, of which we are all so proud, is marching forward steadily and rapidly. Why, Sir, during the last seven months the foreign trade of this country has kept going forward. During the seven months ending with January last the foreign trade of this country has increased much more rapidly than it did during the corresponding months of the previous year, showing a gain of something like $18,555,000. This must be exceedingly gratifying to those who follow the course of public events in Canada.
Now, let us notice the character of this increase as regards the export of the products of Canada, as that is the feature with which we are more directly interested. In 1891 the exports of the products of Canada were only $88,000,000 in round numbers. In 1896 they had increased to $109,000,000, or at the rate of 24 per cent. In 1901 the exports of the products of Canada rose to $177,000,000, or an increase at the rate of 61 per cent. That increase has still been going on during the last seven months ; and I am satisfied that when we close the books on the 30th of June next, the foreign trade of Canada will show a great increase over that of last year, and that, in round numbers, it will amount to probably $425,000,000.
But our progress is not only shown by the increase in our exports and imports. Take, for instance, the amount of money deposited in our banks as the savings of the people. In 1891 the deposits in our savings banks amounted to $39,400,000. In 1896 they amounted to $46,799,000. In 1901, five years afterwards, they rose by $10,000,000, and amounted to $56,048,000. Then if we take the deposits of the people in the chartered banks, both those with notice and those without notice, you will find that the same gratifying increase has been going on. In 1891 the combined deposits in the chartered banks, with notice on demand and without notice, amounted to $142,631,000. In 1896 they rose to $183,769,000 ; and in 1901 they rose to $315,775,000.
I am sure, Sir, that it must be exceedingly gratifying to the people of this coun-
try to know that this young Dominion is making such marked progress. They rejoice to see the evidences that this progress is likely to continue, and that we are likely to go forward in our career of prosperity until ultimately we reach that high degree to which we believe this young Dominion is destined.
His Excellency also refers to the necessity of increasing the number of our commercial agencies in the different countries for the purpose of facilitating and developing our trade. I look upon that proposal with a great deal of satisfaction. I think the people of this country will hail with delight this move of the government and the reference of His Excellency to the necessity of increasing our commercial agencies throughout the world. We know that other countries, notably the American Republic to the south of us, have commerqjal agencies located in every principal town and city of this Dominion, and in other countries as well, while Canada has been depending upon the agents appointed by Great Britain who are not able to afford our manufacturers the advantages which the American government furnish to their manufacturers. I am sure that there is nothing the people of Canada will hail with greater delight than this reference of His Excellency to the necessity of increasing the number of commercial agencies and of making additional provision for these agencies.
Then, reference is also made to the fact of the Australian and New Zealand governments having accepted an invitation from this government to attend a conference in London next June, for the consideration of trade, transportation, cable and other matters of intercolonial concern. I think that this conference will be of enormous advantage to this Dominion. I hope the results that will flow from it will bind still closer and closer the bonds between Great Britain and her various colonies, and I am sure that those whom we send to represent us there will look well after our interests and will, I hope, be able to effect such arrangements with our sister colonies of Australia and New Zealand as will tend to the development of our trade and to the increase of the prosperity in this Dominion in accordance with the wishes expressed by His Excellency the Governor General.
I am also pleased to note that this government has reached the conclusion that a direct steamship service with South Africa would enable Canada to secure a profitable market for her various products, and that to that end will endeavour to arrange for such a service. I think that when the war, which is now going on in South Africa, is happily brought to a close-and we all hope that the end is not far distant -that, when the country is in a settled state again, when the war is over, and
when a grand South African confederation is established on the lines of this Dominion, there will be an enormous development of trade throughout that country and it is our bounden duty as a wise and careful people to see that we obtain our share of that trade; but, it is quite impossible to establish a trade with these far distant countries unless we have a direct line of steamships running regularly so that shippers may know just when their products can be forwarded to those markets. Given this line of steamship accommodation, I believe the result will be that we will be able to establish in the South African confederacy an enormous trade. I consider the time exceedingly opportune to establish such steamship communication, because we all know that when trade gets into certain channels it is exceedingly difficult to turn it in other directions, and so it is proper and wise for us to take time by the forelock and establish this line of steamships which will sail from Eastern Canada to South Africa, and perhaps continue on further to Australia, thus establishing a regular steamship communication which will redound to the advantage of Canada, and build up this great Dominion, as I believe, nothing else can build it up.
Another matter to which His Excellency refers is the coronation of His Most Gracious Majesty, King Edward VII. in June next. There is no doubt, Sir, that this will be an event such as has never occurred before, and will seldom occur in a life time again. We are pleased to know that the premiers of all the different provinces will be invited to attend the coronation, and, that among the great galaxy of men from every country in this wide world, not only from all the British colonies, but men speaking different languages, perhaps, and of different nationalities, coming from foreign countries, the brightest, smartest, and ablest that the world can produce, the man above all men, the man whom everybody will delight to honour, the man who will tower away above all others and the man who on a former occasion when the world's great men met to celebrate the jubilee of the King's mother, who stood on a pedestal of glory and honour was the premier of this vast Dominion. I think we may all be proud that we have a statesman of such ability, a man of such magnetic influence, a man who is recognized not only in the British colonies, but all over the world as one of the grandest and noblest and brightest statesmen that this world has ever produced.
I beg to move :
That an humble Address be presented to His Excellency the Governor General, to thank His Excellency for his gracious speech at the opening of the present session ; and, further, to assure His Excellency that-
1. We unite with His Excellency, at the commencement of another session of parliament, In
expressing the deep sense of our gratitude to Divine Providence for the many blessings which Canada has received during the past year, and particularly for the exceptionally bountiful harvest in Manitoba and the North-west Terri, tories.
2. We receive with much pleasure His Excellency's expression of gratification at the cordial reception tendered by all classes of the people, to the Prince and Princess of Wales, on the occasion of their visit in September and October last, the only regrettable feature being the limited time at their disposal, which prevented their visiting many important centres of population ; and we are happy to know that their Royal Highnesses enjoyed their tour through Canada and carried away the most pleasant recollections of their visit to this part of the Empire.
3. We have shared the feeling of sympathy and sorrow which the assassination of President McKinley has elicited throughout the civilized world, and we are glad to be informed that, though Canada has happily so far been free from crimes of this character, the close proximity to the United States may make it advisable to join our efforts to the efforts of the United States and other nations and to provide by legislation for the adequate punishment of those who, either by speech or writing, incite fanatics to the perpetration of such horrible crimes.
4. We are pleased to learn that the returns of the late census will be laid before us and that, while the absolute increase in the number of population is not so great as might have been expected, the evidence of growth in wealth and in the general tokens of prosperous development are highly satisfactory ; and also that there is good reason to believe that the increase of population during the latter half of the decade has been very greatly in excess of the average of former years and that in the near future we may look for a much more rapid growth than occurred during the period covered by the last two censuses.
5. We learn with great satisfaction that, application having been made by the Canadian Pacific Railway Company for approval of an increase of its capital, to meet the demand for additional rolling stock and other improved facilities, for handling the growing traffic, His Excellency's Ministers availed themselves of the opportunity to stipulate that the long pending question of the power of the Governor in Council to regulate the tolls of the company should be submitted to the courts for a judicial decision, and we thank His Excellency for Informing us that the correspondence and other papers will he laid before us.
6. We are pleased to he informed by His Excellency that the inventor, Mr. Marconi, having met unexpected obstacles to the carrying on of his experiments in wireless ocean telegraphy in a sister colony, His Excellency's Ministers deemed it expedient to invite him to continue his operations on the coast of Nova Scotia, and availed themselves of his presence in Canada to enter into negotiations resulting in an arrangement through which, should the project prove as successful as is hoped for, the government and people of Canada will enjoy the benefits of the invention on very favourable terms, including rates for transatlantic messages very much below those now existing.
7. We are gratified to know that the display made by Canada of her products, at the several
Topic: ADDRESS IN ANSWER TO HIS EXCELLENCY'S SPEECH.