Mr. G. T. Fulford (Leeds):
Mr. Speaker, last night when I adjourned the debate I had been dealing with the particular phase of the speech from the throne having to do with the St. Lawrence seaway. Today it is my intention to deal with matters of an entirely different nature. First of all, I am sure that we all wish the Prime Minister (Mr. St. Laurent) and the Minister of Finance (Mr. Abbott) well in their discussions at the economic conference between the various commonwealth nations now being held in London. I know furthermore that we regret that the Minister of Trade and Commerce could not join the Canadian delegation that is over there at the present time, but at the same time I can think of no better person who could have been left behind to head the government during the absence of the Prime Minister.
We all feel that probably at the root of the trouble so far as commonwealth trade and world trade generally are concerned is the peculiar and unfortunate position of the pound. Certainly everyone would like to see some method devised whereby convertibility of the pound and Canadian and United States dollars could be brought about. The best way of bringing this about of course is to increase our trade with the United Kingdom and other parts of the commonwealth, but we in Canada have come to a place where I doubt very much whether our dairy farmers and our beef and hog producers would be satisfied if they were dependent on the former contracts with the United Kingdom.
Mr. Speaker, I would like to put on record some figures which I obtained from the Department of Trade and Commerce. I might
The Address-Mr. Fulford say that these figures are as of November 18, 1952. The prices of products of countries other than Canada are those at present in effect and in terms of the Canadian equivalent in cents per pound f.o.b. the country of origin for approximately the same quality.
We will take bacon. The price of bacon in Denmark and in Holland is 30-32 cents per pound. In Canada it is 36 cents per pound. For beef, New Zealand top quality, average 14 cents; medium, average 12-5 cents; and cows, average 9-8 cents per pound. Argentine prices are presently being negotiated but the asking price for all meat in the Argentine is 18-7 cents. The Canadian prices are: good, average 44 cents; commercial, average 42 cents; cows, average 36 cents. Then we go to butter. In Australia the price is 37-8 cents; New Zealand, 37-8 cents; in Denmark which is a little closer to the British market, and that makes up the price differential, 40-7 cents; and the Canadian price is 62 cents. With respect to cheese, Australia and New Zealand both have the same price, 21-2 cents per pound. In Canada the price is 32 cents per pound.
I have one more set of figures I should like to place on the record. These are supplied by the Department of Agriculture and they have to do with eggs. The figures quoted per dozen are the mid-September prices, 1952: Australia, 52-2 cents per dozen; Ireland, 54-2 cents per dozen; and Denmark 46-4 cents per dozen. Grade A large eggs were selling in Montreal at that time for 61 cents per dozen.
Now, Mr. Speaker, it does not take much argument on my part to show that we cannot blast our way into such markets. Quite a famous Conservative leader some twenty years ago-
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