Mr. MACKENZIE (Vancouver Centre):
I must commend my hon. friend for his persistence and sincerity in regard to this
matter. This question was reviewed by the government on August 25 last, and the recommendation was rejected. About a month ago my hon. friend and a delegation of two, I think, met me in my office, and I promised that I would bring the matter again to the consideration of the government. The government has reaffirmed its former stand, but has decided that the rate of interest chargeable against old soldier settlers should be reduced from 5 per cent to 3J per cent. That will apply not only to those under the Veterans Land Act, not only to those who were old soldier settlers and reenlisted in this war, but also to all soldier settlers under the Soldier Settlement Act.