June 24, 1938

LIB

Walter Adam Tucker

Liberal

Mr. TUCKER:

I should like to ask the hon. gentleman-

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
Permalink
LIB

Thomas Vien

Liberal

Mr. VIEN:

Will my hon. friend please

allow me to finish?

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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UFOL

Agnes Campbell Macphail

United Farmers of Ontario-Labour

Miss MACPHAIL:

Take it easy.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Thomas Vien

Liberal

Mr. VIEN:

I am asking him to take it easy and to hold his soul in patience.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Walter Adam Tucker

Liberal

Mr. TUCKER:

On a point of order, my hon. friend has suggested that the superintendent of insurance said certain things. I am asking him where his authority is for that statement and where the superintendent of insurance said those things.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Thomas Vien

Liberal

Mr. VIEN:

I am not here to be cross-examined. If my hon. friend will read the record, he will see the statement of the superintendent to the effect that these companies were requested to come to this parliament to have their charter powers clarified, because there had been conflicting judicial decisions, and because it was impossible to take the matter to the Supreme Court of Canada, the amounts involved being too small.

Industrial Loan and Finance

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

William Henry Golding

Liberal

Mr. GOLDING:

Who requested them to come to parliament?

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Thomas Vien

Liberal

Mr. VIEN:

The superintendent of insurance.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Walter Adam Tucker

Liberal

Mr. TUCKER:

If they wished to make these charges.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Thomas Vien

Liberal

Mr. VIEN:

If they wanted to continue to exercise their charter powers, they had to come to parliament to have them clarified. Their licence, instead of being renewed for a period of one year, was renewed periodically, a few months at a time, as a compulsory measure. These private bills have consequently been introduced. It is not requested that the power to charge interest be increased. At the request of the superintendent, by these bills the basis of operation is changed. At present, when a loan is made, the amount of interest is deducted from the amount of the loan. That is what is called the discount basis. The department desires that basis to be changed into a straight interest basis, the interest being charged on the outstanding and reducing balance only, and that is what this bill purports to accomplish.

Last year, in the standing committee on banking and commerce, we gave a great deal of thought to this whole matter, and after several weeks of study we brought in this legislation.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Paul Joseph James Martin

Liberal

Mr. MARTIN:

Twenty-eight meetings

this year.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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LIB

Thomas Vien

Liberal

Mr. VIEN:

I see that it is nine o'clock.

Progress reported.

Topic:   WAYS AND MEANS
Subtopic:   INDUSTRIAL LOAN AND FINANCE CORPORATION
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ELECTIONS AND FRANCHISE


The house resumed consideration in committee of Bill No. 91, respecting the franchise of electors and the election of members of the House of Commons-Mr. Power-Mr-Johnston (Lake Centre) in the chair.


LIB

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

Liberal

The CHAIRMAN:

Section 14 was under consideration at six o'clock.

Topic:   WAYS AND MEANS
Subtopic:   ELECTIONS AND FRANCHISE
Sub-subtopic:   MEASURE RESPECTING FRANCHISE OF ELECTORS, ELECTION OF MEMBERS OF HOUSE OF COMMONS AND PRINTING AND PUBLICATION OF ELECTION DOCUMENTS
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CCF

Angus MacInnis

Co-operative Commonwealth Federation (C.C.F.)

Mr. MacINNIS:

When I was interrupted before recess I was about to say a few words in connection with paragraph (k) of subsection 2. This paragraph provides that if the electoral act of any province disqualifies for voting purposes a person who is receiving aid from the government, the same provision shall apply under this. bill. When the hon. member for Battle River was speaking to this point

he expressed the view that this was the thin end of the wedge, and that later on it might be applied to unemployed persons. I do not believe that is so; I do not think the committee had that in mind at all. As a matter of fact, this is a survival of the days before we had universal suffrage, when suffrage was based on property qualifications, and it was designed to prevent paupers from having the franchise. However, I am opposed to the principle. To-day we have universal suffrage, which is not refused to such people as those who receive old age pensions, judges who have retired and are in receipt of pensions, and so on. Such people are allowed to vote, even though they are living on the bounty of the state. I do not see why the provision in paragraph (k) should apply to old or destitute people just because they happen to live in certain institutions. I remember that some years ago, when I had something to do with municipal affairs in Vancouver, old people in receipt of old age pensions would assign such pensions to the city and would be taken into the old folks home as a result. If this law applies, a person who has done that will be prevented from voting, while on the other hand a person in receipt of an old age pension and not living in an institution would have a vote. I think this is a provision which should be removed from the measure, because I do not think it serves any useful purpose to-day. Probably we have disregarded the principle and idea which first brought it into being. So I would ask the minister to give consideration to the desirability of deleting this paragraph altogether.

Topic:   WAYS AND MEANS
Subtopic:   ELECTIONS AND FRANCHISE
Sub-subtopic:   MEASURE RESPECTING FRANCHISE OF ELECTORS, ELECTION OF MEMBERS OF HOUSE OF COMMONS AND PRINTING AND PUBLICATION OF ELECTION DOCUMENTS
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LIB

Charles Gavan Power (Minister of Pensions and National Health)

Liberal

Mr. POWER:

I have no objection to permitting paragraph (k) to stand.

Topic:   WAYS AND MEANS
Subtopic:   ELECTIONS AND FRANCHISE
Sub-subtopic:   MEASURE RESPECTING FRANCHISE OF ELECTORS, ELECTION OF MEMBERS OF HOUSE OF COMMONS AND PRINTING AND PUBLICATION OF ELECTION DOCUMENTS
Permalink
LIB

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

Liberal

The CHAIRMAN:

Shall the other subsections of section 14 carry?

Topic:   WAYS AND MEANS
Subtopic:   ELECTIONS AND FRANCHISE
Sub-subtopic:   MEASURE RESPECTING FRANCHISE OF ELECTORS, ELECTION OF MEMBERS OF HOUSE OF COMMONS AND PRINTING AND PUBLICATION OF ELECTION DOCUMENTS
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IND

Alan Webster Neill

Independent

Mr. NEILL:

No. I thought the minister was going to allow the whole section to stand.

Topic:   WAYS AND MEANS
Subtopic:   ELECTIONS AND FRANCHISE
Sub-subtopic:   MEASURE RESPECTING FRANCHISE OF ELECTORS, ELECTION OF MEMBERS OF HOUSE OF COMMONS AND PRINTING AND PUBLICATION OF ELECTION DOCUMENTS
Permalink
LIB

Charles Gavan Power (Minister of Pensions and National Health)

Liberal

Mr. POWER:

If there is any objection to it, I am willing to do so.

Topic:   WAYS AND MEANS
Subtopic:   ELECTIONS AND FRANCHISE
Sub-subtopic:   MEASURE RESPECTING FRANCHISE OF ELECTORS, ELECTION OF MEMBERS OF HOUSE OF COMMONS AND PRINTING AND PUBLICATION OF ELECTION DOCUMENTS
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June 24, 1938