May 25, 1931

CON

Richard Bedford Bennett (Prime Minister; Minister of Finance and Receiver General; President of the Privy Council; Secretary of State for External Affairs)

Conservative (1867-1942)

Right Hon. R. B. BENNETT (Prime Minister):

In addition to the legislation which will be foreshadowed by the budget, there

Dominion Conversion Loan

will be a few measures that affect departmental matters and administration, with possibly one other matter.

Topic:   BUSINESS OF THE HOUSE
Subtopic:   INQUIRY AS TO FURTHER LEGISLATION THIS SESSION
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DOMINION CONVERSION LOAN

ANNOUNCEMENT BY PRIME MINISTER THAT APPLICATIONS TO EXCHANGE SECURITIES


TOTAL $600,000,000 On the orders of the day:


CON

Richard Bedford Bennett (Prime Minister; Minister of Finance and Receiver General; President of the Privy Council; Secretary of State for External Affairs)

Conservative (1867-1942)

Right Hon. R. B. BENNETT (Prime Minister):

Mr. Speaker, it seems veTy appropriate that on Empire day I should indicate to this house that the great effort made by the Canadian people with their resources to maintain the integrity of the empire some fifteen years ago, or more, by providing loans which were payable to the extent of $1,082,000,000 during the years 1931, 1932, 1933 and 1934, has been continued, and that these securities have been exchanged to the extent of over $600,000,000 for securities that call for the payment of only 4| per cent interest. The exact amount, since to-day is a holiday and Saturday was a very large day in conversions, I cannot state at this moment, but upwards of $600,000,000 of the securities taken by the Canadian people at that time have been exchanged for securities bearing 1 per cent less interest, for all the securities I have mentioned, except those due this year, carried interest at the rate of 5i per cent.

I think the house will agree that the Canadian people are to be congratulated upon their confidence in their country, which has been shown by this magnificent tribute to the stability of this Dominion.

ALLEGED PROPAGANDA On the orders of the day:

Mr. ARMAND LaVERGNE (Montmagny): Before the orders of the day are called, I have been requested to direct the attention of the government and especially that of the Postmaster General to the bolshevistic propaganda carried in an American magazine called The Saturday Evening Post, under the signature of that international bandit Trotzky. I should like to ask the Postmaster General or the government if they intend to take any steps to prevent this propaganda from coming into Canada.

Topic:   DOMINION CONVERSION LOAN
Subtopic:   ANNOUNCEMENT BY PRIME MINISTER THAT APPLICATIONS TO EXCHANGE SECURITIES
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CON

Richard Bedford Bennett (Prime Minister; Minister of Finance and Receiver General; President of the Privy Council; Secretary of State for External Affairs)

Conservative (1867-1942)

Right Hon. R. B. BENNETT (Prime Minister):

The matter will be brought to the a^ention of the Postmaster General, who is not in his place to-day.

Topic:   DOMINION CONVERSION LOAN
Subtopic:   ANNOUNCEMENT BY PRIME MINISTER THAT APPLICATIONS TO EXCHANGE SECURITIES
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CANADIAN PACIFIC RAILWAY


Mr. E. F. WILLIS (Souris) moved the third reading of Bill No. 15, respecting the Canadian Pacific Railway. Motion agreed to and bill read the third time and passed.


QUESTIONS


(Questions answered orally are indicated by an asterisk.)


ST. LAWRENCE POWER WATER RIGHTS

LIB

*Mr. FACTOR:

Liberal

1. Has the government received any applications from private corporations for further diversion of power water rights in the St. Lawrence river?

2. What progress has the government made in reference to the plan for the deepening of the St. Lawrence river waterway?

Topic:   QUESTIONS
Subtopic:   ST. LAWRENCE POWER WATER RIGHTS
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CON

Richard Bedford Bennett (Prime Minister; Minister of Finance and Receiver General; President of the Privy Council; Secretary of State for External Affairs)

Conservative (1867-1942)

Mr. BENNETT:

This question has been standing for some time and I think it will have to be answered verbally. To the first part of the question the answer is, yes. To the second part it is very difficult to make answer other than that at the proper time the house will be fully advised; because the progress which a government may make in reference to a matter of this kind is something with respect to which it cannot give an answer until the question is in some more concrete form than mere discussion.

Topic:   QUESTIONS
Subtopic:   ST. LAWRENCE POWER WATER RIGHTS
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HON. RODOLPHE LEMIEUX

CON

Mr. LAFLECHE:

Conservative (1867-1942)

1. During the term of office of Hon. Rodolphe Lemieux, as Speaker of the House of Commons, were certain pieces of furniture, the property of the state, transported to his summer residence, at Pointe au Pic, Quebec?

2. If so, what were said pieces of furniture?

3. Has said furniture been returned?

4. If so, at whose request?

5. Who paid for the transportation of the said furniture?

Topic:   QUESTIONS
Subtopic:   HON. RODOLPHE LEMIEUX
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CON

Richard Bedford Bennett (Prime Minister; Minister of Finance and Receiver General; President of the Privy Council; Secretary of State for External Affairs)

Conservative (1867-1942)

Mr. BENNETT:

The Speaker's department has furnished the answer, which merely indicates what the right hon. the leader of the opposition (Mr. Mackenzie King) said the other day. Under the circumstances I think the question and answer had better be filed. The answer in each case is, no.

The question and answer follow:

Question:

* 1. During the term of office of Hon. Rodolphe Lemieux, as Speaker of the House of Commons, were certain pieces of furniture, the property of the state, transported to his summer residence. at Pointe au Pic, Quebec?

2. Tf so, what were said pieces of furniture?

3. Has said furniture been returned?

4. If so, at whose request?

5. Who paid for the transportation of the said furniture?

Answer:

1. No.

2. Answered by No. 1.

3. Answered by No. 1.

4. Answered by No. 1.

5. Answered by No. 1.

Questions

Topic:   QUESTIONS
Subtopic:   HON. RODOLPHE LEMIEUX
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CANADIAN NATIONAL RAILWAYS-GASPS TERMINUS

LIB

Charles Marcil

Liberal

*Mr. MARCIL:

Has the Canadian National Railways decided to retain the western terminus of the Gaspe railways at Matapedia, Quebec, and will the place be provided with the usual facilities?

Topic:   QUESTIONS
Subtopic:   CANADIAN NATIONAL RAILWAYS-GASPS TERMINUS
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CON

Robert James Manion (Minister of Railways and Canals)

Conservative (1867-1942)

Mi. MANION:

Perhaps I can answer this question by stating that the matter is still under consideration by the Canadian National Railways. They have not yet come to a decision.

Topic:   QUESTIONS
Subtopic:   CANADIAN NATIONAL RAILWAYS-GASPS TERMINUS
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CANADIAN NATIONAL RAILWAYS

May 25, 1931