The minister might at this stage give us more information with respect to this proposal. Speaking generally on the measure, not exactly to the amendment, I might say that last year I opposed a similar bill, from the standpoint that I did not think it necessary, that it did not serve any useful purpose and was intended-I think the term I then used was to succour the grain trade or salvage some of those who needed help and under present conditions I think the same observations would apply. The minister might tell us how the act worked last year, how many cooperatives were set up, the number of elevators and firms that went in, and what happened to many of the small independent dealers or operators in the trade. We might also have figures with respect to the amount of wheat marketed through the cooperatives. It is important that we should have a statement as to the losses sustained in their operations and what amount the government will have to pay to make up that loss, the difference between the guaranteed price of sixty cents-was it?
Subtopic: CALCULATION OF INITIAL PAYMENTS TO SELLING AGENCIES-AUTHORITY FOR PAYMENT OF LIABILITIES AND ADMINISTRATIVE EXPENSES