Right Hon. R. B. BENNETT (Prime Minister) moved the second reading of and concurrence in amendments made by the Senate to Bill No. 86, to establish a dominion trade and industry commission.
He said: Mr. Speaker, the Senate committee on banking and commerce gave considerable attention to this bill and the result is that several amendments of a far-reaching character have been made. I shall indicate them to the house as carefully as possible. The first amendment is to section 11, page 5 and line 12. Subsection 2 in the bill as it left this house reads:
Any person violating any provision of this section shall be liable on summary conviction to a penalty not exceeding two hundred dollars.
Trade Commission-Senate Amendments
The amendment is to insert the words "guilty of an offence under this act and" after the word "be" and before the word "liable."
The next amendment is to section 14, on the same page at line 29. After the word "public" insert the words "or where such agreements exist and in the opinion of the commission but for their existence wasteful or demoralizing competition would exist in any specific industry."