Order. I desire to point out to the hon. member that in his remarks he has been definitely out of order. I quote Beauchesne's Parliamentary Rules and Forms, page 157, standing order 58, paragraph (2):
Speeches in committee of the whole house must be strictly relevant to the item or clause under consideration.
The hon. member is an old parliamentarian; he must know that his remarks have been out of order. I would ask him to confine himself to the section of the bill under consideration. We are now on section 1.
Subtopic: PROVISION FOR INCORPORATION, PURCHASE OF SHARES, GUARANTEE OF DEBENTURES, ETC.