Charles Colquhoun Ballantyne (Minister of Marine and Fisheries; Minister of the Naval Service)
The purpose of the Bill is to amend the Montreal Harbour Advances Act-of 1914 to enable the Commissioners to retire, out of moneys to be advanced by the Government, debentures issued to the public and maturing during the year 1918, to the amount of $300,000. My hon. friend from Maisonneuve will
understand that this is the usual way of handling tihe matter. When this money was advanced under the Act of 1914, the Harbour Commissioners thought they would have fully expended the money by the end of 191/, but that not being so, it was necessary to amend the Act as I have just stated.
Resolution reported, read the first and second time and agreed to.
Mr. BALLANTYNE thereupon moved for leave to introduce Bill No. 15, to aitiend the Montreal Harbour Advances Act, 1914.
Subtopic: MONTREAL HARBOUR ADVANCES ACT, 1914.