This is what my hon. friend said:
The idea ot that is that we are at this time making the interested parties and all stockholders parties to this contract, and we say to them: We now and, here bind you that should the day of default come you shall not appeal to the Parliament of Canada on the ground of your road being confiscated in any way whatever, but you here and now leave the Parliament of this country free from any such ques-
tion and untrammelled in every way to deal with the property of the Canadian Northern as it may be advised an the interests of the people of this country.
Could anything be more absolute?
Subtopic: CONSIDERATION OF CANADIAN NORTHERN RAILWAY BILL RESUMED IN COMMITTEE.