societies. He said: The House is already familiar with the objects of this Bill. This year, as well as last year, the principle of the measure is divided into two parts. One feature of it last year was in charge of the hon. member for Brantford (Mr. Harris), which provided for co-operation in all fields of activity; this year I am only asking for legislation regarding t|he co-operation of credit societies. Both these Bills, after passing through the primary stages here, went to the Committee of Banking and Commerce. The committee threw out the Bill applying to co-operation generally, there was strong opposition manifested against the Bill (No. 26) as it was numbered last year. The Act respecting co-operative credit societies was very carefully examined by the Committee on Banking and Commerce, who reported it favourably, but it could not receive its third reading in this House because there was no time for it. I may say that the Bill as I now present it, is the Bill which was considered and carefully revised by the Banking Committee. Its operation would be under the direction of the hon. Secretary of State. Last year he looked into it and examined it with care, and his able assistant, Mr. Mulvey, made several changes in it in order to make it applicable throughout the Dominion. I sincerely hope that this year the House will pass this measure, as it meets with the approval of a very large number of people.
Motion agreed to, and Bill read the first time.