February 24, 1936

SC

John Horne Blackmore

Social Credit

Mr. BLACKMORE:

May I ask the hon. gentleman a question?

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
?

Some hon. MEMBERS:

Order.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
SC

John Horne Blackmore

Social Credit

Mr. BLACKMORE:

I rise to a point of order. Is everything that can be said in defence of this group to be called out of order?

482 COMMONS

Cooperative Commonwealth-Mr. Pouliot

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Frederick George Sanderson (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

Mr. DEPUTY SPEAKER:

The hon. gentleman will state his point of order.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
SC

John Horne Blackmore

Social Credit

Mr. BLACKMORE:

First of all we want to know whether everything we have to say is going to be called out of order.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

Say it first.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
SC

John Horne Blackmore

Social Credit

Mr. BLACKMORE:

I do not see why $25 was ever dragged into this discussion tonight, because we did not say anything about it.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

I have spoken of the

$25, and probably the hon. gentleman objects to it because he has not shown it to me.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
?

An hon. MEMBER:

Is this destructive ridicule or Liberal cooperation?

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

Ridicule is apparent at

times, and it is enough to show the true nature of the thing in order to have it recognized as ridiculous by all those who know the inside of it. That is why I regret so much that the plan advocated by the hon. gentleman has been believed in by so many people of the good province of Alberta. I am ready to answer any question that is put by the hon. gentleman.

Well, sir, to sum up, there are facts that cannot be ignored, and there is the history of the world which shows that in certain times false prophets have appeared; the Bible mentions that and it is a very good book. They have been believed for some time, but as Barnum said, one can deceive some of the people some of the time, but it is impossible to deceive all of the people all of the time.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
SC

Norman Jaques

Social Credit

Mr. JAQUES:

May I ask the hon. gentleman a question? Does he say that there were two billions of money lying idle in the Canadian banks?

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

I will give the figure to

the hon. gentleman, and if he wants to ask any other questions he is welcome. This is the last report I have received of the chartered banks; it is for July 31, 1935. My hon. friend can probably find later ones in the official statistics in the library. On July 31, 1935, the total of current accounts was $553,000,000 and of savings accounts, $1,427,000,000, which makes approximately $2,000,000,000.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
SC

Norman Jaques

Social Credit

Mr. JAQUES:

The point is: It is lying

idle.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
?

Some hon. MEMBERS:

No.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
SC

Norman Jaques

Social Credit

Mr. JAQUES:

I thought that was what

the hon. gentleman said. The reason it is lying idle is that people are afraid to invest it.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
?

Some hon. MEMBERS:

Order.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

I may tell my hon. friend one thing, that the current accounts are accounts that do not bear interest; that is something which is known to everyone except some professors or teachers. This money goes from account to account. If my hon. friend gives me a cheque for $25 from Mr. Aberhart on a bank in Alberta and I put it into my bank it is just a matter of cross entries in books and the total in the banks will remain the same, provided Mr. Aberhart's cheque is good. On the other hand you see there is $1,427,000,000 in the savings accounts.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Frederick George Sanderson (Deputy Speaker and Chair of Committees of the Whole of the House of Commons)

Liberal

Mr. DEPUTY SPEAKER:

Order.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Charles Avery Dunning (Minister of Finance and Receiver General)

Liberal

Mr. DUNNING:

I do not desire to enter the debate, but I am sure it has been noticeable to you, sir, that of late when any speaker sits down some one rises to ask a question. It is against the rules of the house for the member questioned to take the occasion to make a second speech. I have no particular reference to my hon. friend; I think it has occurred with reference to every speaker today, that after he has concluded his speech and therefore exhausted his right to speak he is asked questions and is placed in the position of breaking the rules of the house by making a second speech and sometimes a third and a fourth. I am afraid that the decorum of the house suffers, and I respectfully ask a ruling.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink
LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

This time it was the sixth.

Topic:   COOPERATIVE COMMONWEALTH
Subtopic:   CONCENTRATION OP ECONOMIC POWER-PROPOSED PUBLIC OR COOPERATIVE OPERATION OF UNDERTAKINGS FAILING TO FUNCTION IN THE GENERAL INTEREST
Permalink

February 24, 1936