March 31, 1924

HOME BANK

RESOLUTION REFERRED TO BANKING AND COMMERCE COMMITTEE

LIB

William Lyon Mackenzie King (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Liberal

Right Hon. W. L. MACKENZIE KING (Prime Minister) moved:

That the resolution adopted by this House on Thursday, 27th March, as follows:

"That in the opinion of this House, in view of the failure of the Home Bank and of the fact that official prosecutions and inquiries have been instituted, including the royal commission which has been appointed to investigate the facts alleged in the petition represented by the depositors of the bank and the affairs of the bank generally; and considering that the evidence received and to be taken before the several tribunals will be available for consideration, the select standing committee on Banking and Commerce should be instructed to consider the provisions of the Bank Act with a view to recommending such amendments to the act as will better protect the interests of depositors generally and will prevent similar occurrences in the future; and also to consider the report of the royal commission in its bearing upon these matters and with respect to the possibility of saving the Home Bank depositors from loss."

be referred to the select standing committee on Banking and Commerce for such action as the committee may deem advisable.

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LIB

George Newcombe Gordon (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

Mr. DEPUTY SPEAKER:

This motion will require the unanimous leave of the House.

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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Right Hon. ARTHUR MEIGHEN (Leader of the Opposition):

The motion you have read,

Mr. Speaker, was made by way of amendment to a motion which appeared on the order paper under the name of the hon. member for East Calgary (Mr. Irvine). On Thursday night the amendment was declared carried, but I find on the order paper to-day the original motion still remaining, and with no reference made to the amendment. I do not know that I can explain it, but I presume it is because the Speaker on Thursday night, after putting the amendement, did not put the motion as amended.

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LIB

William Lyon Mackenzie King (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Liberal

Mr. MACKENZIE KING:

Oh yes.

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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

I did not hear it put. If it was put, the motion should not appear on the order paper to-day.

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IND

William Charles Good

Independent Progressive

Mr. W. C. GOOD (Brant):

I do not see the motion on the order paper to which the right hon. gentleman refers. It is another resolution that is on the order paper.

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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

Oh yes, it is another one. But was the motion as amended put?

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LIB

William Lyon Mackenzie King (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Liberal

Mr. MACKENZIE KING:

Yes, it is recorded in the Votes and Proceedings of Thursday, March 27, as appears on page 99:

And the question being put on the said amendment, it was agreed to, on the following division.

Then after the division I find this:

And the question being put on the main motion, as amended, it was agreed to.

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IND

William Charles Good

Independent Progressive

Mr. GOOD:

I would like to inquire from the Prime Minister what is the effect of referring this resolution or the amended motion to the committee, whether or not the committee is supposed to reconsider the propriety of going on with this investigation. I do not quite understand the effect of the motion now made.

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LIB

William Lyon Mackenzie King (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Liberal

Mr. MACKENZIE KING:

The motion now made is to give effect to the amended resolution that passed this House the other evening whereby certain matters were referred to the Banking and Commerce committee. The motion has been worded in the terms of the amendment, so that everything that was included in the amendment will go to the Banking committee.

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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

I have not looked up the Votes and Proceedings, but a reference to Hansard shows that my recollection was correct. The motion as amended does not appear

as put in Hansard, page 789.

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LIB

William Lyon Mackenzie King (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Liberal

Mr. MACKENZIE KING:

The Votes and Proceedings are the official record of parliament-

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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

So is Hansard. [DOT]

Home Bank

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LIB

William Lyon Mackenzie King (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Liberal

Mr. MACKENZIE KING:

-and my own personal recollection of what took place that evening accords entirely with the record in the Votes and Proceedings.

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LIB

James Alexander Robb (Minister of Immigration and Colonization)

Liberal

Mr. ROBB:

May I bring to your attention, Mr. Speaker, and to the attention of the House, that my right hon. friend himself said after the division, as will be seen by page 789 of Hansard:

Mr. Meighen: Mr. Speaker, how can there be an amendment carried to a motion that is withdrawn? The amendment is to the motion; the amendment having passed, there is no motion.

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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

I know; that is correct. There is no motion as originally put once an amendment passes, but there is a motion as amended, and the duty of the Speaker is to put the motion as amended, which I observed at the time was not done, and the Hansard record shows that.

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LIB

Ernest Lapointe (Minister of Justice and Attorney General of Canada)

Liberal

Mr. LAPOINTE:

I quite remember my

right hon. friend saying that, and we called the attention of the Speaker to it. The Speaker spoke in a rather low voice, but he said "The motion as amended is carried."

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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

The point I drew attention to was this: The Speaker wanted to

carry out the desire of the hon. member for East Calgary to have his motion withdrawn and asked for unanimous leave, just as it appears in Hansard. I said it could not now be withdrawn and gave my reasons, and there the matter closed. That evidently carried the Speaker's mind away from the point. It was only an oversight on his part, I know, and I have no objection whatever to a correction being made.

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March 31, 1924