Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
I am just asking for information.
Topic: S38 HOUSE OF
LIB
LIB
James Horace King (Speaker of the Senate)
Liberal
Mr. Speaker:
Order.
Topic: S38 HOUSE OF
PC
Charles Cecil Ingersoll Merritt
Progressive Conservative
Mr. Merritt:
-because he is the chief one who expresses these policies in this house, although the policies probably are not made by him-
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
I asked a simple question. It is an easy one to answer, if my hon. friend knows the answer; but I do not think he does.
Topic: S38 HOUSE OF
PC
George Alexander Drew (Leader of the Official Opposition)
Progressive Conservative
Mr. Drew:
The minister does not.
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
I do know the answer, but my hon. friend does not. That is just the difference between us.
Topic: S38 HOUSE OF
PC
George Alexander Drew (Leader of the Official Opposition)
Progressive Conservative
Mr. Drew:
The minister does what he is told.
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
I do not do what I am told, but my hon. friend does do what he is told.
Topic: S38 HOUSE OF
?
An hon. Member:
Give him a chance to answer.
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
I should like to know the answer.
Topic: S38 HOUSE OF
PC
Charles Cecil Ingersoll Merritt
Progressive Conservative
Mr. Merritt:
The minister is talking so much that I cannot get a chance.
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
The hon. member is not answering the question. He is trying to skate around it. I should just like to know the answer.
Topic: S38 HOUSE OF
PC
Charles Cecil Ingersoll Merritt
Progressive Conservative
Mr. Merritt:
As I understand it, it is government policy to maintain in the world, in respect of Canada's dollar and in respect of the currencies of all other countries, a rate of exchange which does not represent the terms of trade between the countries.
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
I do not want to interrupt my hon. friend-
Topic: S38 HOUSE OF
?
Some hon. Members:
Oh, oh.
Topic: S38 HOUSE OF
PC
Charles Cecil Ingersoll Merritt
Progressive Conservative
Mr. Merritt:
I do not want the minister to interrupt me again.
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
The hon. member is getting extra time. I will not, however, ask the question.
Topic: S38 HOUSE OF
PC
Charles Cecil Ingersoll Merritt
Progressive Conservative
Mr. Merritt:
The minister may ask another question when I finish my answer. It is government policy to keep that rigid exchange rate in existence, no matter what happens to the flow of goods between countries.
Topic: S38 HOUSE OF
LIB
Douglas Charles Abbott (Minister of Finance and Receiver General)
Liberal
Mr. Abbott:
Would my hon. friend now allow a question?
Topic: S38 HOUSE OF
PC
Charles Cecil Ingersoll Merritt
Progressive Conservative
Mr. Merritt:
Most certainly, yes.
Topic: S38 HOUSE OF