In reply to that it is only fair to say that they have not recently been often changed. I do not know that they have recently been changed at all, but in the early days of the camp when the eyes of the world were directed to that spot, when capital sought investment there they were changed and they were changed to the detriment of the territory. Latterly they have not been changed as frequently, I do not know that they have been changed at all, but the fact remains that if you take a Klondike proposition to a capitalist in this or any other country, the first thing he will ask is : What is your title ; have you a
stable title or not ? and whenever he sees the title we have to a placer claim in the Y'ukon he says : I cannot afford to take the risk ; there are other countries, there are situations even in Canada where I can get an investment under a more suitable set of laws. That is the one difficulty. I wish, and the people of the Yukon wish, that these regulations. many of them good, the majority of them good, shall be incorporated in an Act of parliament passed by this House, and thereby become law which cannot be changed except by this House. Then the people of the Yukon will feel that underlying this one great industry of ours we have a stable and just set of laws upon which the future of the country is based, and under which I have no doubt and they have no doubt we shall progress.
Subtopic: YUKON TERRITORY.