February 16, 1909 (11th Parliament, 1st Session)

LIB

George Perry Graham (Minister of Railways and Canals)

Liberal

Mr. GRAHAM.

I have a great reluctance to doing anything to interfere with existing contracts. I do not think we could do that very well. For instance, a company owns at present a large share of water-power, and under their contract they have the right to sub-let without any hindrance. We take over all their property and re-elect the power to them; but we cannot interfere with the contracts they have already made. But wherever possible we make provision in contracts that the Board of Railway Commissioners shall regulate the rates.

Topic:   RAILWAY ACT AMENDMENT.
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