February 3, 1905 (10th Parliament, 1st Session)

CON

Richard Blain

Conservative (1867-1942)

Mr. BLAIN.

I understood the First Minister to say that we would mint silver coin as well. In that respect he seems to differ with the Minister of Finance.
In the session of 1901 this question was put to the Finance Minister (Mr. Fielding) :
Will the Branch mint in Canada make British silver coins as well as gold coins ?
MINISTER OF FINANCE. No, there are reasons why we shall not undertake to make British silver coins. We make no profit in the production ol gold coins, because gold is worth no more in the form of coin than in the form of bullion.
Then the Finance Minister went ou to say:
If we could mint silver into British coins in unlimited quantity, we could make a great deal of money ; but it would be entirely unreasonable to expect the British authorities to allow us to engage in that enterprise.

Topic:   SUPPLY.
Subtopic:   FEBKUAKY C, 1905
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