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March 28, 1935

PRIVATE BILLS COMMITTEE

First report of the select standing committee on miscellaneous private bills.-Mr. Stinson.

PRIVATE BILL

WAPITI INSURANCE COMPANY

LIB-PRO

William Gilbert Weir

Liberal Progressive
Member File Biography @ PARLINFO

Mr. W. G. WEIR (Macdonald) moved:

That the petition of the Wapiti Insurance Company of Wawanesa, Manitoba, presented on the 27th instant, praying for an extension of time in which to apply for a licence to operate, together with the report of the clerk of petitions thereon, be referred to the standing committee on standing orders for the purpose of considering the suspension of standing orders 92 and 93 (3) (a) and (c) in relation thereto.

Topic:   PRIVATE BILL
Subtopic:   WAPITI INSURANCE COMPANY
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Motion agreed to.

BRITISH NORTH AMERICA ACT

COMPLAINT OP INADEQUACY IN NUMBER OP REPORTS OP SPECIAL COMMITTEE

UFA

Edward Joseph Garland

United Farmers of Alberta
Member File Biography @ PARLINFO

Mr. E. J. GARLAND (Bow River):

I would like to direct the attention of the committee on the British North America Act to the fact that there seems to be an inadequacy in the number of reports printed. I have received only one set and yesterday when I had occasion to request a second set, I was unable to secure it, being informed by Mr. Doyle, secretary of that committee, that the number available is exhausted; that is, they have all

been allocated. I suggest that this matter is of sufficient importance to justify the committee considering printing additional copies.

Topic:   BRITISH NORTH AMERICA ACT
Subtopic:   COMPLAINT OP INADEQUACY IN NUMBER OP REPORTS OP SPECIAL COMMITTEE
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QUESTIONS

(Questions answered orally are indicated by an asterisk.)

FEDERAL DEBT-INTEREST RATES

LIB

Mr. MACKENZIE (Vancouver):

Liberal
Member File Biography @ PARLINFO

1. What is the average rate of interest payable on our federal debt: (a) direct; (b)

guaranteed; payable in: (a) Canada; (b)

England; (c) the United States?

2. What is the average rate of interest payable on our entire outstanding federal debt including direct and guaranteed?

Topic:   QUESTIONS
Subtopic:   FEDERAL DEBT-INTEREST RATES
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CON

Mr. RHODES: (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

1. (a) Average rate of interest on direct debt:

Payable in Canada 4-23%

Payable in Canada and New York.. 5-00%

Payable in New York 4-05%

Payable in London 3-62%

Average rate of interest on total direct debt-4-15%.

(b) Average rate of interest on guaranteed debt:

Payable in Canada 4-43%

Payable in Canada and New York.. 4-50%

Payable in New York 6-18%

Payable in London 3-84%

Payable in Canada and London.. .. 3-50% Payable in Canada, London and New

York 4-48%

Average rate of interest on total guaranteed debt-4-52%.

2. 4-24%.

Topic:   QUESTIONS
Subtopic:   FEDERAL DEBT-INTEREST RATES
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GREECE AND ROUMANIA

UFA

Mr. SPENCER:

United Farmers of Alberta
Member File Biography @ PARLINFO

1. What were the original loans made to Greece and Roumania respectively?

2. How much has been repaid' to date?

3. What are the balances owing in each case, including interest and principal?

Topic:   QUESTIONS
Subtopic:   GREECE AND ROUMANIA
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CON

Mr. RHODES: (Minister of Finance and Receiver General)

Conservative (1867-1942)
Member File Biography @ PARLINFO

1. Greece S 7,521,300 67

Roumania 20,449,083 94

2. Greece S 1,475,000 00

Roumania Nil

3. Greece S 7,736,026 80

Roumania 24,329,262 00

Topic:   QUESTIONS
Subtopic:   GREECE AND ROUMANIA
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INCOME TAX COLLECTIONS

UFA

Mr. SPENCER:

United Farmers of Alberta
Member File Biography @ PARLINFO

1. What was the amount of income tax collected, for the fiscal year ended March 31, 1934?

Privilege-Mr. Gordon

2. How many paid income tax with incomes from-

(a) $1,000 up to $3,000:

1. Individuals.

2. Corporations.

(b) $3,000 up to $20,000:

1. Individuals.

2. Corporations.

(c) $20,000 up to $50,000:

1. Individuals.

2. Corporations.

(d) $50,000 and over:

1. Individuals.

2. Corporations.

Topic:   QUESTIONS
Subtopic:   INCOME TAX COLLECTIONS
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CON

March 28, 1935