Is there included in this statement anything that would show the expenditure in paying interest so far as securities are concerned? According to the item in the Supplementary Estimates a certain sum of money is asked to be voted for the purpose of providing for expenditures made or to meet indebtedness incurred in paying interest upon securities having priority over the guaranteed securities authorized by chapter 20, Statutes 1914, and also for expenditures on construction and on equipment. Does the statement which my hon. friend has brought down contain anything in detail that would show who made those expenditures and when they were made? Apparently the appropriation is to recoup some corporation for having made those expenditures. If money has been spent on construction, or equipment, or interest since June, 1914, the statement ought to be made in concise form so that the House will know exactly what are the facts. If there have been any sales by the Canadian Northern since June, 1914, of securities which were in existence at that time or which may have come into existence since, the statement ought to show
clearly that those securities have been sold and what has been done with the proceeds.
Subtopic: PROPOSED LOANS.