“ It shall be lawful for the Governor in Council to authorize the raising by way of loan, upon the guarantee of such loan or of the interest thereon by the Commissioners of Her Majesty’s Treasury, of such sums not exceeding in the whole the sum of one million one hundred thousand pounds sterling, as may be necessary for the purposes hereinafter mentioned ”

“ To be Public Works under 31 V. c. 12. such works of defence to be Public Works within the purview of the Act of the present Session, intituled : An Act respecting the Public Works of Canada, and to be constructed under the provisions of the said Act. ”