Metadata: Untersuchungen über die Theorie des Preises

316 
APPENDIX, 
ment of British Columbia shall not sell or alienate any further 
portions of the public lands of British Columbia in any other way 
than under right of pre emption, requiring actual residence of the 
pre-emptor on the land claimed by him. In consideration of the 
land to be so conveyed in aid of the construction of the said 
Railway, the Dominion Government agree to pay to British 
Columbia, from the date of the union, the sum of 100,000 Dollars 
per annum, in half-yearly payments in advance. 
12. The Dominion Government shall guarantee the interest 
for ten years from the date of the completion of the works, at the 
rate of five per centum per annum, on such sum, not exceeding 
£100,000 sterling, as may be required for the construction of a 
drst class Graving Dock at Esquimalt. 
13. The charge of the Indians, and the trusteeship and 
management of the lands reserved for their use and benefit, shall 
oe assumed by the Dominion Government, and a policy as liberal 
as that hitherto pursued by the British Columbia Government 
shall be continued by the Dominion Government after the union. 
To carry out such policy, tracts of land of such extent as it 
has hitherto been the practice of the British Columbia Govern- 
ment to appropriate for that purpose, shall from time to time be 
conveyed by the Local Government to the Dominion Government 
in trust for the use and benefit of the Indians, on application of 
the Dominion Government; and in case of disagreement between 
the two Governments respecting the quantity of such tracts 
of land to be so granted, the matter shall be referred for the 
lecision of the Secretary of State for the Colonies. 
14. The constitution of the Executive Authority and of the 
Legislature of British Columbia, shall, subject to the provisions of 
the “British North America Act, 1867,” continue as existing at 
the time of the union until altered under the authority of the 
said Act, it being at the same time understood that the Govern- 
ment of the Dominion will readily consent to the introduction of 
Responsible Government when desired by the inhabitants of 
British Columbia, and it being likewise understood that it is the 
intention of the Governor of British Columbia, under the authority 
of the Secretary of State for the Colonies, to amend the existing 
constitution of the Legislature by providing that a majority of its 
members shall be elective.
	        
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