I do not think, that, if I wanted to employ a lawyer to give me an opinion on a railway contract, I would go to a Law Reports editor, but to an active practitioner who is dealing with the matters to be considered. But what does this gentle-
man tell us ? He tells us in effect, that the only way by which the government can enforce the operation of the eastern division by this company is by selling out the five million dollars worth of rolling stock. Well,
I could not imagine that a lawyer would have made that statement until I heard his letter read, and until I had a copy placed in my hand. I have the letter, with the statement referred to over Mr. Smith's own signature. Now, I give my opinion against that of this gentleman, that if the Grand Trunk Pacific fails to operate that eastern division in strict accordance with the terms of the contract and lease, which is to be drawn, the government will be in a position to do one of three things : They can seize, under their mortgage, the five million dollars worth of rolling stock and sell it; or, they can bring action against the company for the amount of loan and damages, and the measure of damages would be the cost of operation of the road by the government; or, they can, under the terms of an Act which lias gone through this parliament this session, and which the learned gentleman was evidently unaware of, go to the Exchequer Court as an ordinary creditor and asked for a decree to have the whole system of the Grand Trunk Pacific put in the market and sold. This gentleman does not seem to keep posted on what is going on.