George Perry Graham (Minister of Railways and Canals)
Liberal
Mr. GRAHAM.
I have a great reluctance to doing anything to interfere with existing contracts. I do not think we could do that very well. For instance, a company owns at present a large share of water-power, and under their contract they have the right to sub-let without any hindrance. We take over all their property and re-elect the power to them; but we cannot interfere with the contracts they have already made. But wherever possible we make provision in contracts that the Board of Railway Commissioners shall regulate the rates.
Topic: RAILWAY ACT AMENDMENT.