February 2, 1944

ND

Walter Frederick Kuhl

New Democracy

Mr. KUHL:

Well, that raises the matter of chartered banks, which I have not time to discuss at the present time, much as I should like to do so. The essence of the whole thing is that there must be an addition of buying power to the extent of four to six billion dollars to balance our economy.

Topic:   GOVERNOR GENERAL'S SPEECH
Subtopic:   CONTINUATION OF DEBATE ON ADDRESS IN REPLY
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NAT

Gordon Graydon (Leader of the Official Opposition)

National Government

Mr. GRAYDON:

Never mind the Cooperative Commonwealth Federation. They just want a political bank.

Topic:   GOVERNOR GENERAL'S SPEECH
Subtopic:   CONTINUATION OF DEBATE ON ADDRESS IN REPLY
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ND

Walter Frederick Kuhl

New Democracy

Mr. KUHL:

Well, we shall discuss that matter, when the subject of banking is under discussion.

I should like to have concluded with a little elaboration of the ways and means whereby this four to six billion dollars could be expended in Canada, but my time is up, and I shall have an opportunity to deal with the subject at a later day. It is the principle of the thing about which I think we must be concerned. When that is done, it is my contention that our economy will balance without expropriating anybody's property. Personally I want to see a system in which the people have the greatest possible freedom, and I do not think that is possible unless private enterprise is permitted really to be private enterprise.

On motion of Mr. Bryce the debate was adjourned.

Topic:   GOVERNOR GENERAL'S SPEECH
Subtopic:   CONTINUATION OF DEBATE ON ADDRESS IN REPLY
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At six o'clock the house adjourned, without question put, pursuant to standing order. Thursday, February 3, 1944


February 2, 1944