for which they propose to substitute a land-tax at the rate of 4s. 6d. for every 100 acres in a township, and to grant to the Crown a permanent civil list, so as to render the Governor, Judge, &c. independent of the annual votes of the House :-Many persons in England being interested in the proceedings at Prince Edward's Island, I subjoin the following account of its income and expenses for 1833:

EXPENDITURE FOR 1833.-Roads and Bridges, 3545l.; Schools, 6747.; Agricultural Societies, 2007.; Crown Prosecutions, &c. 3341.; Crown Officers' fees, 801.; Inland Mails, 1997.; Foreign Mails, 4367.; Militia, 727.; Annuities, 561.; Destroying Bears and Loupcerviers, 647.; Coroner's and Jurors' fees, 651.; House of Assembly, 9721.; Legislative Council, 2047.; Executive Council for Salary of Messenger, &c. 40l.; Colonial Secretary's and Lieutenant-Governor's fees, 344/.; Printing and Stationery, 4287.; Market House, 381.; Sheriffs' allowance and Jail expenses, 2647.; Extra work on Poplar Island Bridge, 801.; Forming a Census, &c. 1887.; Ellis River Hards, 651.; Repairs of Hillsborough Ferry-house, 24l.; Advance for building Government-house, 14007.; Advance for building an Academy, 6007.; Building Court-house and Jail in Prince County, 240.; Ditto in King's County, 2871.; Drawback, 91. ; Commissioners for issuing Treasury notes, 60%.; Printing Treasury notes, 957.; Public Surveys, 1347.; Salary of Colony Agent, 1367.; Ditto of Collector of Imposts, Charlotte Town, 2601.; Ditto of Sub-Collectors of Customs, 170l.; Ditto of Treasurer, 500l.; Advance for a new Block for Charlotte Town Wharf, 5007.; Road Compensation granted, 771.; Lunatics, 891.; Assayer of Weights and Measures, 157.; Salary of Wharfinger, 40l.; Prince Town Wharf, 91.; Rent of Government House, 150l.; Advance for building George Town Wharf, 30%.; Refunded to J. Stewart, 331.; Lieutenant-Governor Young, 3001.; Repairing Houses, 401.; Contingencies, 2017.

....

Total.... 13,759
Balance.. 8,165

£21,924

RECEIPTS AT THE TREASURY FOR 1833.-By Balance in the Treasurer's hands 1833, 9,2687.; By Impost duty for past year as under:-Charlotte Town, 3,935l.; Richmond Bay, 231.; Bedeque, 1927.; Cascumpec, 281.; Three Rivers, 2251; Tryon and Crapaud, 17.; St. Margaret's, 177.; Port Hill, 75%; New London, 891.; Colville Bay, 2001.; Belfast, 1937.; St. Peter's, 841.-Total, 5,068; Light duty, 771.; Tavern and retailers of Spirituous Liquor Licences, 301.; Hawkers and Pedlars, 81.; Gross Receipts at Post Office, 3271.; Fines and Penalties, 70%.; Rent of Hillsborough Ferry opposite Charlotte Town, 61.; Assessment under Road Compensation Act, 70%; Wharfage, 381.; From Securities of late Treasurer, 511.; One Year's Land Assessment, 1,450%.; Interest received on Bonds, 1311.; Treasury Notes received from Commissioners, 5,000 -Total, 21,9521.

GENERAL ABSTRACT.

1833, Jan. 5th.-To Amount of Treasury notes in cir

Dec. 13. Further issue of Treasury Notes under

Act 3 Will. IV. c. 13....

11,500

5,000

£16,300

surer

1834, Jan. 20.-By balance in the hands of the Trea

By balance due by the Sureties of

8,165

The expenditure of the past year thus appears considerably to exceed that of any former year, the total amount being 13,7591. 6s. 5d.; this great increase was contemplated by the House of Assembly at its last Session, and an issue of Tressury Notes was made to meet the expenditure which was occasioned by the appropriations for the erection of the new Government House, Academy, and other public buildings, together with a larger amount than usual for the service of Roads and Bridges, and for additions to the Wharfs at Char

MONETARY SYSTEM.-SHIPPING.

207

lotte Town and George Town, but ir making such additional appropriations, a Revenue to redeem that issue of Treasury Notes was anticipated, and will be derived under the Act levying an assessment on land. There is a very great deficiency in the amount of revenue derived from Imposts, which can only be accounted for from a falling off in our Exports, occasioned by the failure of our agricultural produce, and from the advanced prices of foreign articles.

MONETARY SYSTEM.-Accounts are kept in pounds, shillings, and pence, and the currency that of Halifax, which is formed upon the basis of estimating the dollar at 4s. 6d. thus becomes equal to 5s. currency. The guinea is 17. 3s. 4d. and the other coins in proportion.

The coin in circulation was supposed to amount in 1826 to 7,000. The paper currency (Treasury notes) in circulation at the same period in 57., 21., 17., and 10s. notes, was 2,8907., at present it is about 20,000l.; there is no banking establishment in the island, which is a great drawback to the progress of its agriculture. Weights and measures as in England.

COMMERCE SHIPPING.-I have no early accounts of the trade of the colony, but it is known that the French, when in possession of the island, carried on a considerable fishery from its shores :-The following document has been given me at the Board of Trade', and, like many others in this volume, has never before been printed.

1 I am under obligation to Mr. Porter, of the Board of Trade, as also to the intelligent librarian of the Colonial Office, Mr. Mayer, and to Mr. Woodhouse of the Plantation Office, for many valuable documents.

I have received the following account from the Custom House, after the above table was prepared.