June 9, 1936

CANADIAN PACIFIC RAILWAY

TABLING OP RETURN WITH REFERENCE TO GUARANTEE OF 860,000,000 LOAN

LIB

Louis Édouard Fernand Rinfret (Secretary of State of Canada)

Liberal

Hon. FERNAND RINFRET (Secretary of State):

Mr. Speaker, I should like to refer to parliamentary reference No. 169, moved for by Mr. Pouliot. This order was for a photostat copy of the original copy of the letter of guarantee, dated May 31, 1933, signed by Right Hon. R. B. Bennett and addressed to Sir Charles Gordon, president of the Bank of Montreal, about the $60,000,000 loan to the Canadian Pacific Railway Company. Inquiries have been made in the Department of Finance, the Department of Railways and Canals, the Prime Minister's office and the privy council office, and the original copy of this letter could not be found in any of these departments.

Topic:   CANADIAN PACIFIC RAILWAY
Subtopic:   TABLING OP RETURN WITH REFERENCE TO GUARANTEE OF 860,000,000 LOAN
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LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

Hear, hear.

Topic:   CANADIAN PACIFIC RAILWAY
Subtopic:   TABLING OP RETURN WITH REFERENCE TO GUARANTEE OF 860,000,000 LOAN
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PRIVATE BILLS

SUSPENSION OF STANDING ORDER 105

LIB

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

Liberal

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

That for the remainder of the session all private bills when presented be read a first and second time and referred forthwith, and that standing order 105 respecting the posting of private bills be suspended.

This is the motion which it is customary to make about this time in the session.

Topic:   PRIVATE BILLS
Subtopic:   SUSPENSION OF STANDING ORDER 105
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Motion agreed to.


FIRST AND SECOND READINGS-SENATE BILLS


Bill No. 91, for the relief of Margery Brunhilde Morphy Dunton. Bill No. 92, for the relief of Mania Leizerson Oberman. Bill No. 93, for the relief of Milton Sand-ford Enoch Chase. Bill No. 94, for the relief of Jessie Dansky Glazer, otherwise known as Jobeth Dansky Glazer. Bill No. 95, for the relief of Mildred Eileen Champion Webster.


QUEBEC AND MONTMORENCY RAILWAY COMPANY


On the order: First reading of Senate bills-Bill No. 88 (letter 02 of the Senate), intituled: "An Act to incorporate Quebec and Montmorency Railway Company."-Mr. Parent (Quebec West and South).


CON

William Allen Walsh

Conservative (1867-1942)

Mr. W. A. WALSH (Mount Royal):

This bill, Mr. Speaker, is in the name of the hon. member for Quebec West and South (Mr. Parent). I do not know exactly how to proceed; I am under instructions from the Chair. I should like to have the bill placed under my name and given first reading at this sitting in order that it may be taken up by the railway committee some time early next week.

Topic:   QUEBEC AND MONTMORENCY RAILWAY COMPANY
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LIB

Walter Edward Foster (Speaker of the Senate)

Liberal

Mr. SPEAKER:

Mr. Walsh moves that Bill No. 88, from the Senate, to incorporate Quebec and Montmorency Railway Company, be read the first time.

Topic:   QUEBEC AND MONTMORENCY RAILWAY COMPANY
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?

Some hon. MEMBERS:

Explain.

Topic:   QUEBEC AND MONTMORENCY RAILWAY COMPANY
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CON

William Allen Walsh

Conservative (1867-1942)

Mr. WALSH:

The purpose of the bill is to divorce 'the railway operations of the Quebec Railway, Light and Power Company from the operations of the tramway lines operated in the city of Quebec. They are two separate and distinct enterprises owned by the same company. One operates as the result of a franchise from the city of Quebec and the other is a railway operating out of the city of Quebec for a distance of about thirty miles, the principal points on that line being Montmorency and Ste. Anne de Beaupre. The Canadian National Railways have rights over that line to connect with their line leading down to Murray Bay. The object of the

C.N.R.-Branch Line

bill is to separate these enterprises into two distinct entities, owing to the interest of the city of Quebec in the operation of the Quebec street railway, and enable the parent company to maintain financial control of the two separately and to better advantage.

Topic:   QUEBEC AND MONTMORENCY RAILWAY COMPANY
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LIB

Jean-François Pouliot

Liberal

Mr. POULIOT:

Remove the watered stock and let the bill dry to death.

Topic:   QUEBEC AND MONTMORENCY RAILWAY COMPANY
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CON

William Allen Walsh

Conservative (1867-1942)

Mr. WALSH:

Something has to be used to float it.

Motion agreed to and bill read the first time.

Topic:   QUEBEC AND MONTMORENCY RAILWAY COMPANY
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PRIVILEGE-MR. McIVOR


On the orders of the day:


June 9, 1936