Henry Lumley DRAYTON

DRAYTON, The Hon. Sir Henry Lumley, P.C., K.C., K.B.

Personal Data

Party
Conservative (1867-1942)
Constituency
York West (Ontario)
Birth Date
April 27, 1869
Deceased Date
August 28, 1950
Website
http://en.wikipedia.org/wiki/Henry_Lumley_Drayton
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=6cab8398-dae1-4e94-b6be-0177cdcd9b99&Language=E&Section=ALL
Profession
barrister, crown attorney

Parliamentary Career

October 20, 1919 - October 4, 1921
CON
  Kingston (Ontario)
  • Minister of Finance and Receiver General (August 2, 1919 - July 9, 1920)
  • Minister of Finance and Receiver General (July 10, 1920 - December 28, 1921)
  • Secretary of State of Canada (January 24, 1921 - September 20, 1921)
December 6, 1921 - September 5, 1925
CON
  York West (Ontario)
  • Minister of Finance and Receiver General (July 10, 1920 - December 28, 1921)
October 29, 1925 - July 2, 1926
CON
  York West (Ontario)
  • Minister of Railways and Canals (June 29, 1926 - July 12, 1926)
  • Minister of Finance and Receiver General (June 29, 1926 - July 12, 1926)
September 14, 1926 - May 30, 1930
CON
  York West (Ontario)
  • Minister Without Portfolio (July 13, 1926 - September 24, 1926)
  • Minister of Immigration and Colonization (July 13, 1926 - September 24, 1926)

Most Recent Speeches (Page 2349 of 2350)


October 22, 1919

Sir HENRY DRAYTON:

In the report it says $13,000,000 and $15,000,000 malting a total of $28,000,000.

Topic:   QUESTIONS.
Subtopic:   GRAND TRUNK RAILWAY SYSTEM.
Full View Permalink

October 22, 1919

Sir HENRY DRAYTON:

Yes, that is all true. But there is more than that.

Topic:   QUESTIONS.
Subtopic:   GRAND TRUNK RAILWAY SYSTEM.
Full View Permalink

October 22, 1919

Sir HENRY DRAYTON:

The hon. gentleman must remember that the question referred to subsidies granted by this House. It did not refer to' provincial subsidies or municipal grants. The only money which the Grand Trunk, as I understand it, 'has ever received from this Parliament is the sum of $15,000,000. That is shown in the r.eport as $15,142,633 and the amount of $142,633 is the interest that has been charged on the investment.

Topic:   QUESTIONS.
Subtopic:   GRAND TRUNK RAILWAY SYSTEM.
Full View Permalink

October 22, 1919

Sir HENRY DRAYTON:

The total should be $28,000,000. There is something beyond til at.

Topic:   QUESTIONS.
Subtopic:   GRAND TRUNK RAILWAY SYSTEM.
Full View Permalink

October 22, 1919

Sir HENRY DRAYTON:

There is no

mystery at all about these figures, they are perfectly plain. The answers, as I understand,-I did not hear them read-referred to subsidies. I absolutely stand by the whole of the totals set out in that report. They do not deal merely with subsidies. Subsidies are indeed a very small part of them. The subsidies to the Canadian Northern are shown, and I think correctly shown, at some $38,000,000. The lands which the ' railway got in connection with the Manitoba charter and subsequently are shown at the amount that the company received for them, some $34,000,000. The loans outstanding on investment are also correctly shown, and the guarantees given by the Government are also correctly shown. Subsidies are one thing, proceeds of land sold are another thing, loans on outstanding investment are another thing, and guarantees outstanding are something else, entirely different. The total is correct. It is exactly the same in connection with the Canadian Pacific. The Canadian Pacific, under the head of subsidies are shown_ to have received $104,000,000, but you will see from the side note on the report that that

amount includes the value of the railways which had been previously constructed by the Government, and which under the contract was turned over to the company. Those values were arrived at as nearly as we could. Then, again, you have the proceeds of the lands sold. These were lands actually sold at that time and as a result the total, as the hon. member has correctly stated, is $228,000,000. The Grand Trunk was built before subsidies were paid as they have been in later years. They got subsidies from different sources, but so far as this Government is concerned the Government made loans to them many years ago. On those loans they never collected interest and as far as the Grand Trunk is concerned it is fair to say that the Dominion aid to the Grand Trunk amounted to $15,000,000.

Topic:   QUESTIONS.
Subtopic:   GRAND TRUNK RAILWAY SYSTEM.
Full View Permalink