Mr. SPEAKER:
I have the honour to inform the house that the clerk of the house has received from the chief electoral officer certificates of the election and return, of Al-mon Secord Rennie, Esquire, for the electoral district of South Oxford.
Almon Secord Rennie, Esquire, member for the electoral district of South Oxford, introduced by Right Hon. W. L. Mackenzie King and Hon. J. C. Elliott.
Sixth report of the select standing committee on miscellaneous private bills.-Mr. Maloney (for Mr. Stinson).
Mr. M. J. MALONEY (South Renfrew) moved:
That Bill No. 27, an act to incorporate Thousand' Islands Bridge Company, reported upon to-day by the select standing committee on miscellaneous private bills be placed upon the order paper of the house for consideration this day in committee of the whole, and for third reading.
Motion agreed to.
A message from His Excellency thei Governor General transmitting estimates-Canadian Government Merchant Marine, Canadian National Steamships and Maritime Freight Rates Act-for the financial year ending March 31, 1935, was presented by Hon. E. N. Rhodes, (Minister of Finance), read by Mr. Speaker to the house, and referred to the committee of supply.
Hon. MURRAY MacLAREN (Minister of Pensions and National Health) moved for leave to introduce Bill No. 70, to amend the Food and Drugs Act.
Explain.
Mr. MacLAREN:
Mr. Speaker, the main purpose of this amending bill is to bring conformity between the Proprietary or Patent Medicine Act and the Food and Drugs Act by the introduction of a clause which will affect a similar list of diseases in both acts for which the sale of remedies is prohibited. The effect will be that the list of diseases in both acts will be similar.
Another provision in the amendments is that protection will be provided in reference to vinegar. The substitution of acetic acid for vinegar will be prevented.
Motion agreed to and bill read the first time.
Hon. E. N. RHODES (Minister of Finance) moved that the house go into committee to consider the following proposed resolution: That it is expedient to bring in a measure respecting the Canadian National Railways, to authorize the provision of moneys to meet expenditures made and indebtedness incurred during the calendar year, 1934, and to provide for the refunding of certain maturing financial obligations. He said: Mr. Speaker, the bill which it is intended to found on this resolution is designed to take care of the full financial requirements of the Canadian National Railways for the calendar year 1934. It provides for the raising of funds for equipment principal payments, sinking funds, and miscellaneous maturing obligations amounting to $12,185,828; for' construction and betterments $4,202,007 and for the estimated net income deficits amounting to $48,840,298. These amounts, in particular as respects the contemplated deficits, are arrived at as a result C.N.R.-Finance
of a report which has been received from the trustees of the railway system in conformity with the act. That makes the total sum required for the railway's operation under the headings I have mentioned $65,228,133. The bill is in two parts. The first part has to do with what might be termed the ordinary financial requirements of the railway for the year. The second part makes provision for the refunding of two maturities for the calendar year, the first one falling due September 1, 1934, and amounting to $17,060,333.33, Canadian Northern four per cent guaranteed debenture stock and bonds; also Great Northern Railway of Canada four per cent first mortgage bonds falling due October 1, 1934, amounting to $3,510,250. It also provides for the refunding of a maturity falling due on February 15, 1935, Canadian Northern Railway Company 4jj per cent guaranteed bonds, amounting to $17,000,000. It was thought wise that we should secure at this time legislative authority to refund or otherwise take care of that maturity lest there might not be time to secure legislative authority having regard to the date at which the session might commence. Motion agreed to and the house went into committee, Mr. Sullivan in the chair.
Mr. IIEENAN:
The minister I think gave a total of $65,000,000 odd. Would he kindly repeat the different headings?