James Alexander Robb (Minister of Trade and Commerce; Minister of Finance and Receiver General)
Liberal
Hon. J. A. ROBB (Minister of Finance):
Mr. Speaker, I have not the bill before me, but my attention has just been directed to the fact that the stock having no par value the revenues of Canada will lose $10,000 by the incorporation of this company. The bill is presented quite regularly under the'rules, I think, but I bring this to the attention of the House so the rules may be amended. Otherwise, if this becomes a common custom, the treasury will suffer.
Motion agreed to and bill read the first time.
Subtopic: THE DETROIT AND WINDSOR SUBWAY COMPANY