July 16, 1942 (19th Parliament, 3rd Session)

CCF

Major James William Coldwell

Co-operative Commonwealth Federation (C.C.F.)

Mr. COLDWELL:

May I say just a word? I think possibly I would have liked to have joined in this general discussion on monetary affairs. We hold very definite views; we believe, of course, that not until you have placed the principal means of production, the economic monopolies, and the financial system under the direct control of -the community can you balance purchasing power with production. But we wished to facilitate the business of the committee and refrained from taking part in the discussion. I am sure -that to-morrow we shall be very glad to cooperate with the minister, the leader of the opposition and the house generally in trying to get these resolutions through as quickly as proper consideration will permit. We shall have some other opportunity to place our economic and financial policies again before the house.
Progress reported.

Topic:   WAYS AND MEANS
Subtopic:   INCOME WAR TAX ACT
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