Mr. GEO. H. BOIVIN (Shefford) presented the first report of the Select Standing Committee appointed to supervise the Official Report of Debates, as follows: Tuesday, 25th April, 1922. The Select Standing Committee appointed to supervise the Official Report of the Debates beg leave to present the following as their First Report: Your Committee have had under consideration certain matters relating to the publication in the Official Report of the Debates, of answers to questions which must necessarily take the form of long and elaborate tabulated statements covering matter not read in the House and not always of immediate and general public interest. Your Committee considers :- 1. That the publication of the said answers greatly increases and complicates the work of the Printing Bureau, augments the chance of error and endangers the prompt issue of the Official Report of the Debates; 2. That the printing of the said answers greatly increases the expense of the publication of the said Official Report; 3. That the rights and interests of the members of this House and of the general public would be thoroughly safeguarded by the passing of such questions as Orders for Returns, leaving to the Joint Committee on Printing the responsibility of deciding which of the said returns are of sufficient public interest to warrant printing and publication; 4. That the said returns are always available to members in the office of the Clerk of Sessional Papers; Your Committee recommend that in future any question placed upon the Order Paper, the answer to which must take the form of long and elaborate tables or tabulated forms, shall at the request of the Minister laying the answer upon the table of the House, be passed as an order for a return as provided by section 4 of Rule 37 of the Rules of the House of Commons. All of which is respectfully submitted, Geo. H. Boivin, Chairman.
BANKRUPTCY ACT AMENDMENT
Mr. J. A. C. ETHIER (Laval-Two Mountains) moved for leave to introduce Bill No. 56, to amend the Bankruptcy Act.
The purpose of this bill is to designate the court before which the petition shall be presented. Paragraph 4 of section 4 of. the Bankruptcy Act is amended by strikng out the word "locality" and substituting therefore the words "judicial district", in order to avoid costs to creditors. I will make a fuller explanation on the second reading.
Motion agreed to, and bill read the first time.
CURRENCY ACT AMENDMENT
On the motion of Hon. W. S. Fielding (Minister of Finance), it was resolved that the House do go into Committee to-morrow to consider the following proposed resolution : Resolved, That it is expedient to amend the Schedule to The Currency Act, 1910, as amended by chapter nine of the statutes of 1920, by changing the millesimal fineness of silver coins from 4 to 6, and by providing that this enactment shall apply to silver coins heretofore struck since the first day of January, 1920, and also to amend the said Schedule, as amended by chapter six of the statutes of 1921, by striking out the millesimal fineness of nickel five cent coins.
PENNY BANK ACT
On the motion of Hon. W. S. Fielding (Minister of Finance), it was resolved that the House do go into committee tomorrow to consider the following proposed resolution: Resolved. That it is expedient to amend the Penny Bank Act, chapter thirty-one of the Revised Statutes of 'Canada, by providing that a proportion not exceeding one-half of such moneys as are received on deposit elsewhere than at the place where the chief office of the bank is situated may be deposited by the bank In such chartered banks or other financial institutions as the Minister of Finance may designate as depositaries, and to provide for withdrawals from such depositaries.
CANADA GRAIN ACT
On the Orders of the Day:
Mr. THOMAS SALES (Saltcoats) :
I should like to draw the attention of the Government to this despatch which appears in this morning's Citizen, under date of Winnipeg, April 24:
The Manitoba court of appeal to-day delivered judgment in the stated case of The King versus the Manitoba Grain Company, declaring section 215 of the Canada Grain Act ultra vires of the federal parliament. This section of the act stated that ''no person shall engage in the business of selling grain on commission or receive or solicit consignments of grain for sale on commission, in the western inspection division, without first obtaining such annual license from the board.
The appeal arose from a conviction registered in the provincial police court last year, when Magistrate OR. M. Noble fined the Manitoba Grain Company $500 for selling grain without a license. The case has aroused considerable interest owing to the fact that the validity of the Canada Grain Act was attacked by counsel for the defendant company. At the time of the conviction Magistrate Noble granted a stated case.
In this connection I should like to ask the Government what action it intends to take in this matter in order that producers of grain may be protected from the many
mushroom grain companies which will inevitably spring up now that sections of the Canada Grain Act are held to be ultra vires.
Sir LOMER GOUIN (Minister of Justice) :
I have looked over the record and I find that two cases were instituted in the Manitoba Court of, Appeal in connection with the very same affair. One was laid on 21st October, 1921, and the other on 31st December, 1921. I am informed by my officials that there were two stated cases. As we did not know exactly in what case judgment was rendered, we wired this morning asking for copies of the judgment rendered yesterday, and as soon as we are in possession of that judgment, we shall be in a position to inform the hon. member on the subject.
NEW CANADIAN LOAN
On the Orders of the Day:
Hon. W. S. FIELDING (Minister of Finance) :
Mr. Speaker, I should like, with the permission of the House, to make an announcement which, I am sure will be received with pleasure on all sides of the House. Late last night, or to be more accurate, this morning before the House adjourned, I stated that the Government had sold $100,000,000 of Canadian bonds in New York, and that they would be placed on the market to-day. I have pleasure in announcing that the books were opened in New York this morning; that the loan is a complete success; that it has been over subscribed, and that the books are closed.
Sir HENRY DRAYTON (West York) :
I notice that in the announcement of the Minister of Finance yesterday, it was stated that certain commissions were to be taken off. What were they?
The Government received a net price of 97J. The bankers were free to place the loan on the market at any price not exceeding par. They placed it at par and that leaves the bankers and brokers concerned 2i per cent for their services.