As I said a moment ago, you are getting pretty far away from the Winnipeg convention. You had at the Winnipeg convention a few sane men who were determined not to get the great Conservative party into a position where they would be strangling the industries of this country, and they framed a resolution. I think I know who framed this particular resolution. I did not sit oprevised EDITION
Steeh Industry-Mr. Robb
posite that gentleman for a few years without being able to recognize his style. Here is the resolution:
This convention desires to record its feeling of pride in the growth and progress and prosperity of Canada, under the historic fiscal policy of the Liberal-Conservative party.
It affirms its adherence to the principles of that policy in its declared objects of stimulating the development of the natural resources of the Dominion: preserving and enlarging the market for Canadian farm products; building up the industries of Canada, and thus creating employment for our workmen, promoting interprovincial trade, and generally providing a diversified economic life -which will be effectual in retaining Canada's sons and daughters within our own boundaries.
As to tariff revisions the convention declared :
In such revisions regard should be had not only to the objects of fiscal policy herein enumerated, but to the welfare of the consumer, and it is desirable in the national interest that in such revisions the cost of living and the cost of the implements used in production, of whatever nature, should be given special and attentive study with a view to the reduction of such costs to the extent practicable.
That is a pretty sound position. Now my hon. friend a moment ago advocated bounties. He said: We want higher duty and bounties, but if we cannot get both we want bounties. I recall the attitude of the Conservative party on bounties. I have before me a speech made by a pretty good minister of finance, Sir Thomas White. In his budget speech of 1914 he said:
My own view is that bounties are justifiable to call into being new industries where capital, which is always timid as to experimental ventures, requires special inducement to enter upon their development, but after such enterprises have been called into being and firmly established, it is difficult to justify further aid of a direct character.
That was the view of Sir Thomas White when he was Minister of Finance.