I do not quarrel with the general principle that has been enunciated by my hon. friend the Minister of Railways and Canals (Mr. Graham), but there is a good deal of suspicion in the minds of hon. members of this House that because you say in a railway charter that the company may acquire and utilize a water-power thereby you give them the right to take or expropriate that waterpower. I deny that. You do not give them any such right, and no hon. member of this House can point to a single case in this country where a water-power has been developed or utilized by virtue of any such right given by a railway charter. You are giving companies the right to operate water-powers in connection with their system, and under the restrictions imposed in the public interest by the Railway Act instead of compelling them to carry on two sets of business, keep two sets of books and have two different organizations. That is all you do accomplish by making this
condition. I am not going to contend that the amendments should be changed because an hon. gentleman has stated that he understood them a little different from what I did. I do not think it makes any difference whatever to' this company. I do not think they are prejudiced by that clause going in, but this suspicion that you are and have been giving railway companies powers that are inimical to the public interest, and that you are creating a monopoly with regard to the acquisition and operation of water-powers is all a mistake. I do not want to use a stronger expression.