April 6, 1939

SUPERVISION AND REGULATION OF TRADING IN FUTURES ON WINNIPEG GRAIN EXCHANGE


Hon. W. D. EULER (Minister of Trade and Commerce) moved that the house go into committee to consider the following resolution: That it is expedient to introduce a measure to provide for the supervision and regulation by the board of grain commissioners of trading in grain futures on the Winnipeg grain exchange in accordance with the recommendation of the royal grain inquiry commission, 1938, and the appointment of a supervisor as an officer of the board, to observe trading on the exchange and report to the board, and for the payment of his salary and expenses of the board from moneys appropriated by parliament. Motion agreed to and the house went into committee, Mr. Sanderson in the chair.


CCF

Major James William Coldwell

Co-operative Commonwealth Federation (C.C.F.)

Mr. COLDWELL:

Yesterday afternoon,

after the Minister of Agriculture (Mr. Gardiner) had made his remarks on his two resolutions, I suggested that when the two bills were brought down they, together with the resolution of the Minister of Trade and Commerce, might go before the committee on agriculture. I believe this resolution, which has to do with the marketing of grain, might also go before that committee. I am anxious that this shall be carefully considered. I was disappointed with much the minister said yesterday, and I feel that every opportunity should be given for full discussion. I have no objection to the resolution being reported this afternoon, but I make that suggestion.

Topic:   GRAIN FUTURES
Subtopic:   SUPERVISION AND REGULATION OF TRADING IN FUTURES ON WINNIPEG GRAIN EXCHANGE
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LIB

William Daum Euler (Minister of Trade and Commerce)

Liberal

Mr. EULER:

This resolution is not directly connected with the wheat legislation which was discussed yesterday. However, the hon. member is willing to let it pass this stage. If he wishes to have it referred to the committee on agriculture, or to some other committee, it can be done on second reading of the bill.

Resolution reported, read the second time and concurred in. Mr. Euler thereupon moved for leave to introduce Bill No. 81, to provide for the supervision and regulation of trading in grain futures.

Topic:   GRAIN FUTURES
Subtopic:   SUPERVISION AND REGULATION OF TRADING IN FUTURES ON WINNIPEG GRAIN EXCHANGE
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PRAIRIE FARM ASSISTANCE


On the order for resuming the adjourned debate on the motion of the Minister of Agriculture that Mr. Speaker do now leave the chair for the house to resolve itself into committee of the whole on a proposed resolution respecting prairie farm assistance:


LIB

William Lyon Mackenzie King (Prime Minister; Secretary of State for External Affairs; President of the Privy Council)

Liberal

Mr. MACKENZIE KING:

Is there any objection to advancing order No. 16 a stage, and getting the bill down?

Topic:   PRAIRIE FARM ASSISTANCE
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LIB

James Garfield Gardiner (Minister of Agriculture)

Liberal

Mr. GARDINER:

I said last night that

I had given an undertaking to someone to

allow this to stand, if required, until after Easter. But the bill could be placed before the house now, if the resolution were advanced, and the whole discussion could take place on second reading. This would work out probably even better than having the discussion at this time.

Topic:   PRAIRIE FARM ASSISTANCE
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CCF

Major James William Coldwell

Co-operative Commonwealth Federation (C.C.F.)

Mr. COLDWELL:

Mr. Speaker, the minister has given an undertaking to someone else. So far as I am concerned I believe we had better discuss these matters on the bills, and I should be quite agreeable to having the bill introduced.

Topic:   PRAIRIE FARM ASSISTANCE
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PERCENTAGE DEDUCTION FROM GRAINS MARKETED IN SPRING WHEAT AREA-PROVISION FOR ACREAGE PAYMENT


The house resumed from Wednesday April 5, consideration of the following proposed resolution: That it is expedient to introduce a measure making provision for a percentage deduction from all grain marketed in the spring wheat area, and making available other sums required for the purposes of the proposed act; to provide assistance to farmers in emergent conditions by making provision for an acreage payment, with provision also for the appointment and assignment of officials, auditors or employees. Motion agreed to and the house went into committee, Mr. Sanderson in the chair. Resolution reported, read the second time and concurred in. Mr. Gardiner thereupon moved for leave to introduce Bill No. 83, to assist agriculture in the prairie provinces. Motion agreed to and bill read the first time.


COOPERATIVE WHEAT MARKETING

GUARANTEE OF INITIAL PAYMENT BY COOPERATIVE ASSOCIATIONS OR ELEVATOR COMPANIES


Hon. J. G. GARDINER (Minister of Agriculture) moved that the house go into committee to consider the following proposed resolution: That it is expedient to introduce a measure to encourage the cooperative marketing of wheat by guaranteeing the initial payment by cooperative associations, or elevator companies defined in the bill; to authorize the expenditure of sums appropriated by parliament for the purposes of this act; with provision also for the appointment and assignment of officials) auditors or employees. Motion agreed to and the house went into committee, Mr. Sanderson in the chair. Resolution reported, read the second time and concurred in. Mr. Gardiner thereupon moved for leave to introduce Bill No. 82, to encourage the cooperative marketing of wheat. Motion agreed to and bill read the first time. 2636 COMMONS Dairy Industry-Advisory Committee


DAIRY INDUSTRY ACT

AMENDMENT TO PROVIDE FOR CONSTITUTION OF ADVISORY COMMITTEE


. Hon. J. G. GARDINER (Minister of Agriculture) moved that the house go into committee to consider the [DOT] following proposed resolution: . That it is expedient to amend the Dairy Industry Act to authorize the minister to constitute an advisory committee to advise him on matters affecting the dairy industry and to authorize the payment of the actual reasonable travelling or other expenses of the personnel of such committee. Motion agreed to and the house went into committee, Mr. Sanderson in the chair.


CON

Hugh Alexander Stewart

Conservative (1867-1942)

Mr. STEWART:

I think the minister might explain to the committee the scope of the resolution.

Topic:   DAIRY INDUSTRY ACT
Subtopic:   AMENDMENT TO PROVIDE FOR CONSTITUTION OF ADVISORY COMMITTEE
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LIB

James Garfield Gardiner (Minister of Agriculture)

Liberal

Mr. GARDINER:

This is the resolution which I explained yesterday. I really explained it at the wrong time; I should be giving my explanation to-day. It is to permit the appointment of an advisory committee to advise the dairy council and the government.

Topic:   DAIRY INDUSTRY ACT
Subtopic:   AMENDMENT TO PROVIDE FOR CONSTITUTION OF ADVISORY COMMITTEE
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CON

Grote Stirling

Conservative (1867-1942)

Mr. STIRLING:

Since the minister gave yesterday the explanation of this resolution which he should have given to-day, perhaps he will be good enough to make the speech he should have made on order No. 17.

Topic:   DAIRY INDUSTRY ACT
Subtopic:   AMENDMENT TO PROVIDE FOR CONSTITUTION OF ADVISORY COMMITTEE
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April 6, 1939