Hon. J. G. GARDINER (Minister of Agriculture) moved that the house go into committee at the next sitting to consider the following resolution:
That it is expedient for the purpose of supporting farm prices during the transition from war to peace to introduce a measure to establish a board with authority to purchase through agents or otherwise, staple agricultural products at prices recommended by the board and approved by the governor in council, or to make such payments in respect of staple agricultural products as may -be necessary to bring average returns to producers up to the prices so approved, and to give the board such powers as may be necessary for the handling and disposition of products purchased; and further to provide for the appointment of sudh officers, clerks and employees as may be necessary;
To _ provide further that the governor in council may authorize from time to time payments^ out of unappropriated moneys in the consolidated revenue fund, up to an aggregate of two hundred million dollars, for expenditures under the said measure, exclusive of administrative expenditures; that there shall be a special account to which all expenditures under the said measure, other than administrative expenditures, are charged, and to which all receipts from the sale or disposition of agricultural products shall be credited, which receipts shall be available in the account for subsequent expenditures provided that the net realized refits in the account in any fiscal year shall e credited to the consolidated revenue fund [Mr. Gmydon.J
and any net realized loss in the account in any fiscal year shall be recouped to the said account from an appropriation by parliament for the purpose.
He said: His Excellency the Governor General, having been made acquainted with the subject matter of this resolution, recommends it to the consideration of the house.
Motion agreed to.