This act allows the province to raise loans from various bodies, either government or corporate, in order to complete the navigational improvements of the St. Lawrence River.
This act not only provides a salary Henry Smith, the warden of the provincial penitentiary, it assures an annual salary of three hundred pounds, a raise of almost one hundred pounds.
This act prevents any further loans for the completion of public works to projects who have already received loans, until they have paid off the interest of previous loans.