April 15, 1901 (9th Parliament, 1st Session)

LIB

James Sutherland (Minister Without Portfolio)

Liberal

Hon. Mr. SUTHERLAND.

I agree with the hon. gentleman (Mr. Borden, Halifax) that if it is desirable to impose any such condition as this, it ought to apply to all companies alike. As the Minister of Finance has stated, this is a matter which entirely concerns the internal economy and management of the company. I cannot see that any public interest is to be served by this amendment, and it may very seriously affect the interests of the company. The company, I believe, is in good standing, and doing a large business throughout the whole Dominion, especially in the lower provinces. Under these circumstances, I think it would be a mistake in this hurried way to add legislation which, in itself, does not look as if it would do any good or any harm,, but which nevertheless might seriously affect the interests of that company. I agree with the hon. member who has just spoken that if any such subject is to be dealt with it should be by amendment to the general Act affecting all companies alike.
Amendment negatived.
Bill reported, read the third time, and passed.

Topic:   MANUFACTURERS AND TEMPERANCE AND GENERAL LIFE ASSURANCE COMPANY.
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