Mr. BORDEN (Halifax).
I do not see that it is going to be of any value. It is something like my employing a man to build a bouse for me, and then giving him power of attorney to make a mortgage of that bouse to myself, and then taking elaborate precautions to have the mortgage registered. If you were going to float these debentures in the money market, I could understand the necessity of the provision which my bon. friend the Minister of. Justice proposes to add.