Right Hon. W. L. MACKENZIE KING (for the Acting Minister of Immigration and Colonization) moved that the House go into committee to-morrow to consider the following proposed resolution:-
Resolved, That it is expedient to bring in a measure to authorize advances to settlers on crown lands, and to provide:-
1. That for purposes connected with settlement, the minister may make loans to settlers on the basis of improvement of land and farm buildings erected-
(a) to a settler who is a Canadian citizen as that term is defined in the Immigration Act, an amount not exceeding $1,000, (b) to a settler other than a Canadian citizen an amount not exceeding $500.
2. That settlement loans under the proposed legislation shall not exceed the sum of $5,000,000 in any fiscal year, and shall be paid out of unappropriated moneys in the consolidated revenue fund.
3. That Settlement Loan committees may .be established anywhere in Canada to report upon and recommend to the minister the suitability of a settler, and of any parcel of crown land, and to advise the minister as to the amount of loan to be made and how it should be expended, and such committee shall consist of not less than two nor more than three, persons in the employ of the Dominion government or of any provincial government, such persons to be nominated by the minister, one of whom shall be the Dominion lands agent or the provincial crown lands agent, as the case may be, for the district in which the settler is located, and no salary or remuneration additional to that which he otherwise receives shall be paid to members of such committee.
4. That no settlement loan shall be made unless recommended by a Settlement Loan committee, and unless approved by the minister, nor until the applicant ' has been recommended by a committee as a suitable settler and the land as suitable for settlement for agricultural purposes, and all settlement loans shall be expended under the direction of the minister.
5. That no settlement loan shall be made upon the security of improvements upon any provincial crown land, unless the province by appropriate legislation, has provided that the improvements upon the security of which any such loan is made shall be subject to a first charge for the amount of such loan with interest, and that no patent shall be issued for the said land until such loan with interest is repaid in full.
6. That the payment of principal shall be made in annual instalments extending over a period of not more than ten years from the date the settlement loan is made, the first payment to become due and payable two years from the date of the settlement loan, provided that the settler may at any time repay the whole of the settlement loan with interest to date of payment, and all loans shall bear interest at the rate of five per cent per annum, payable on the respective dates upon which instalments of principal fall due.
7. That when a settlement loan has been made upon the security of improvements upon Dominion crown lands, the patent shall not issue until the loan and all interest charges thereon have been paid in full. [DOT]
8. That if a provincial government, not having suit-ble crown lands available, acquires by purchase suitable
lands for settlement under the provisions of this legislation, the minister may pay to a provincial government a sum not exceeding one-half of the interest on the purchase price of such lands, reckoned at five per centum per annum, for a period not exceeding two years from the date of settlement.
9. That the Governor in Council may, on the recommendation of the minister, make regulations to carry out these provisions, and the minister shall make an annual report to parliament of all operations under the proposed legislation.
He said: His Excellency the Governor
General, having been made acquainted with the subject matter of this resolution, recommends it to the favourable consideration of the House.