May 12, 1916 (12th Parliament, 6th Session)


William Findlay Maclean

Independent Conservative


You do not have to
finance it; you have to assume commitments. I made that argument in this House some years ago in connection with the Grand Trunk and the Canadian Pacific. On one or two occasions in this House I have said: "How will you finance it?" The late Minister of Finance thought he was taking a shine out of me when he said: "We should have to raise millions and millions of money." I said: "No, you will have to assume commitments." We will have to assume the commitments of the old Grand Trunk if we take it over. But the last thing that I am in favour of suggesting to the Canadian people-I do not think this Government will suggest it-is that they should relieve the old Grand Trunk and take over the lame duck, the Grand Trunk Pacific. The stars of fortune of these two railways will never again come so close together; rather, there is a conjunction of circumstances affecting the fortunes of these two railways which will never occur again. It is this circumstance which gives us an opportunity to take them over and to use them for the benefit of the people.

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