June 4, 1917 (12th Parliament, 7th Session)

LIB

William Pugsley

Liberal

Mr. PUGSLEY:

I beg my hon. friend's pardon. I am familiar with what has been going on there and I can tell my hon. friend that as a result of that legislation the farmers are enlarging their production enormously. That is a way in which the Government could confer a great benefit on the farmers, but I doubt very much if they will be able to do it by this law allowing these secret liens. It may result in the farmers being deprived of credit rather than enabling them to get additional credit at the banks.
Resolution reported, read the second time and agreed to. .
Sir THOMAS WHITE introduced Bill No. 65, to amend the Bank Act.
Motion agreed to and the Bill read the first time.

Topic:   QUESTIONS.
Subtopic:   BANK ACT AMENDMENT.
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