Hon. JOHN HAGGART.
My hon. friend missed the objection altogether of the hon. member for Simcoe. His argument was that in the case of these valuable water-powers, there should be something for the people, and not have the whole profit go to the individual. In the United States they have a policy by which the people of the United States, and the different states insist that the profits arising from these natural advantages shall redound to the people. What my hon. friend asks is that the government should lay down a clear, well defined policy with regard to this matter so that if an individual or a corporation wants to develop water-power they shall develop it on the policy laid down by the government, under which a certain portion of the profits shall revert to the people. All my hon. friend asks is that this government should have a policy on this matter just as every other country in the world has at present, that the natural advantages of the country shall be for the benefit of the people, and if necessary, that a certain portion shall go to the corporations or individuals who do the developments.
Subtopic: NELSON RIVER RAILWAY COMPANY.