Robert Wellington Mayhew, Esquire, member for the electoral district of Victoria, British Columbia, introduced by Right Hon. W. L. Mackenzie King and Hon. Ian Mackenzie.
FIRST AND SECOND READINGS-SENATE BILLS
Bill No. 169, for the relief of Thomas McDade.-Mr. Plaxton.
Bill No. 170, for the relief of Isabel Bovill Clarke.-Mr. Jacobs.
Bill No. 171, for the relief of Bessie Goldberg Katz.-Mr. Factor.
Bill No. 172, for the relief of Eric Thomas Robert Kinney.-Mr. Jacobs.
Bill No. 161, for the relief of Marjorie Ruth Nicholson Lowe-Mr. Walsh.
Bill No. 162, for the relief of Anna Vereszczak Finchuk-Mr. Jacobs,
Right Hon. R. B. BENNETT (Leader of the Opposition):
Mr. Speaker, there is a
motion on the order paper that this house sit to-morrow morning at eleven o'clock. It seems to me almost incredible that anyone would suggest that a committee should sit while the house is in session, with respect to a matter of such grave importance as the measure to which reference has been made. In fact when we reach that motion I shall have something to say about it. I cannot see how we can do two or three things at the same time.
Topic: BUSINESS OF THE HOUSE
Subtopic: SITTINGS OF COMMITTEES WHILE HOUSE IN SESSION
REDUCTION OF MAXIMUM INTEREST RATE FROM 2J TO 2 PER CENT PER MONTH
Hon. J. L. ILSLEY (Minister of National Revenue-for the Minister of Finance) moved for leave to introduce Bill No. 173, to amend the Loan Companies Act.
He said: This is a short bill to amend section 111 of the Loan Companies Act. All it does is to reduce the maximum rate of interest which may be charged by companies deriving their corporate powers from the parliament of Canada from 2 J per centum to 2 per centum per month.
Richard Bedford Bennett
(Leader of the Official Opposition)