“ The Grants payable to the several Provinces of Quebec, Ontario, Nova Scotia and New Brunswick, under the one hundred and eighteenth section of the British North America Act, 1867, and the allowance payable to New Brunswick under the one hundred and nineteenth section of the said Act, shall be chargd upon the Consolidated Revenue Fund of Canada, and payable out of any unappropriated moneys forming part thereof. ”

“ Governor in Council to make regulations as to the debt and payment of interest. 2. The Governor in Council may, from time to time, make such regulations as h deems necessary for the management of he Public Debt of the Dominion and teh payment of the interest thereon, and may provide for the creation and management of a Sinking Fund or other mean of securing the re-payment of any loans that may be raised under the authority of Parliament,
Fiscal agent, &c. ”

“ Fourthly--The Principal and Interest at a rate not exeeding four per cent. per annum of the Loan of three million pounds sterling, to be raised for the purpose of constructing the Intercolonial Railway, under the provisions of an Act of the present Session of the Parliament of Candada, Chapter thirteen, upon the guarantee of the payment of Interest on such loan at a rate not exceeding four per centum per annum by the Commissioners of Her Majsty's Treasury, or the principal and interest at a lice rate of such part of the said loan as may be raised ”