The commissioner was given a free hand to investigate every aspect of the Farmers' Bank from its inception up to the time of its liquidation, and I would recommend this government to do the same thing with regard to the Home Bank.
The government has said that they wish to get the opinions of members of the House with regard to what shall be done, whether the inquiry should be by a commission or by a parliamentary committee. I would prefer a parliamentary committee, and that it should be given as free a hand as the commissioner was given in respect of the Farmers' Bank, to inquire into everything in relation to the bank from its incorporation to the time of closing its doors, and after, so that the committee could look into the matters of liquidation and see that they were carried out properly, and see that all persons who owe money to the bank pay their liabilities in order that the depositors may receive everything that is coming to them. The depositors have a right to expect that everything will be done in that regard. When a bank fails I think it should be the duty of some person, either the attorney general of the province or the Minister of Justice for the Dominion, to see to it that action is taken to inquire into the causes for the failure, and to ascertain who is to blame. If the manager or the president or a director is responsible, if he has been fraudulent in his acts, if he was dishonest in the incorporation of the bank, he should be brought before the Courts and properly punished. Too many of our bank managers and bank presidents) who wreck banks get off too easily. They are not prosecuted as they should be, and the consequence is that there is every incentive on the part of dishonest men to make an effort to get rich at the expense of the depositors and shareholders.
I want again to impress upon the government the advisability of looking into every matter concerned with this bank. I would prefer a parliamentary committee, if possible, but the inquiry should be made either by a parliamentary committee or by a commission -by some competent authority-and every attempt should be made to see that justice is done.
Mr. 0. R. GOULD (Assiniboia) : I was
quite unable to hear the remarks of the hon. gentleman who has just taken his seat (Mr. Anderson)-