Hon. R. B. HANSON (York-Sunbury):
Mr. Speaker, can the minister state now when he proposes to move the second reading and make the extended statement to which he referred? I gather from what he said that the changes proposed in the Bank Act are numerous and important. I have not been permitted to examine a copy of the draft bill; I hope to be able to read it now. It is a bulky volume, and anybody who intends to give any study to this bill should be given time to do so, notwithstanding what is no doubt the desire on all sides to have the bill referred to the banking and commerce committee at as early a day as possible. But I suggest to the minister that twenty-four hours is not enough time, and we might arrange by consent that the second reading come up on Thursday, when he will make his statement, if that is convenient and satisfactory to the minister. Before the minister turns down that suggestion, I would point this out to him, if I have the consent of the house. We are now
entering on the fourth month of the session. This bill must have been in the minds of the administration for months before the house opened in January. Everybody knows that the Bank Act is revised every ten years, or, if it is not revised in the tenth year, the charters are extended for a very limited term. So that this bill must have been in preparation for a long time, and it is pretty late to be introducing it now. I am not complaining about that, because I imagine that the bill must have been revised and refined again and again; but I suggest that overnight is a pretty short time for hon members who are interested in this legislation to study the bill. I therefore ask the minister if he will be good enough to give the house assurance that before the second reading is called, before he makes his statement, hon. members will have an opportunity to read and study the bill, which we have not yet seen.
Subtopic: CONDITIONS GOVERNING TEN-YEAR EXTENSION OP BANK CHARTERS