That was my purpose anyway in doing that.
I now want to come to the Canadian Pacific Railway Company. It has had most generous treatment. I want to point out that I support the things wThich were said by the hon. member for Cariboo (Mr. Irvine) when he was here. The Canadian Pacific has had entirely too much influence on the operation of the Canadian National all through the picture, both when the Canadian National was privately owned and since it has become a government institution. I think that is a regrettable situation.
When the Canadian Pacific was being built, we know there was difficulty, and we understand that there was a good deal of risk-capital involved. We know they were to go across what at that time were empty, or practically empty, prairies; and no one knew for sure that they would actually be productive. In order to recompense them to some extent- in fact, to recompense them to quite an extent-they were made a gift of 32,848,477 acres of land, according to this statement. With that they were given the mineral rights in a tremendous amount, if not all those acres, some of which mineral rights they have used to convert into tremendous wealth
for the Canadian Pacific shareholders. This does not appear in the financial statement of the railroad and is not used, so far as I know, in paying the operating costs. Nevertheless the gift was made to them to recompense them for the risk they were taking in going across that wild country, as it was at that time.
It would appear that the government should accept this argument, that this railway company, having been given all those gifts, from there on should be subject to competition from any other transportation company which may appear on the scene. But instead of that, we have found that, in spite of the gifts to the Canadian National and in spite of the gifts to the Canadian Pacific, both of them now want to gouge the public more and more, instead of getting down to a basis of proving which one can operate most economically and most successfully in the interests of the Canadian people and still take care of their capital costs, pay decent wages and provide proper working conditions for the people who work on them.
Time does not allow me to go much farther with that particular part of my argument.
Subtopic: FREIGHT RATES-INCREASES ORDERED BY TRANSPORT BOARD-AMENDMENT, MR. COLDWELL- SUBAMENDMENT, MR. BRACKEN