William Daum Euler (Minister of Trade and Commerce)
Liberal
Mr. EULER:
There is no intention on the part of the government or in the bill to adjudge as between the farmer himself and, say a mortgage holder who is entitled to share in the crop. The bill does not propose to interfere with their contractual rights at all. But it does mean that from that farm there shall be sold not more than 5,000 bushels of wheat. Suppose, for example, that there are only 5,000 bushels altogether and that the farmer is entitled to 3,000 bushels and perhaps a mortgage company is entitled to 2,000 bushels. The farmer can sell his 3,000 bushels at the 70 cent rate and the mortgage holder can sell 2,000 bushels; but the amount shall not exceed 5,000 bushels between the two. We do not concern ourselves with what arrangement they make between themselves.