May 23, 1918 (13th Parliament, 1st Session)

UNION

Stanley Edward Elkin

Unionist

Mr. ELKIN:

I notice the minister proposes to change the point at which the price of the smelter will be considered by adding the words "St. Louis." Since this Act went into effect-and I understand practically no bounty has been paid under this Act-the seven, and one-half per cent war tax has been imposed, which at the present price of prime spelter gives an increase on the bounty of three-quarters of a cent or seven and one-half per cent on practically ten cents. It is. an utter impossibility for this .spelter that is made in British Columbia to compete in a commercial way with the ordinary spelter, ond I think we should have a little more information as to how the Minister of Trade and Commerce, who. will administer this measure, proposes to figure the price at which prime spelter shall be sold in Canada.

If we were to take the prime .spelter at St. Louis and permit the British Columbia smelter to compete with it, that will perhaps be very good business from the manufacturer's standpoint, but this spelter that is made in British Columbia is not a good spelter for ordinary commercial purposes, and it seems to me that before we add three-quarters of a cent to this bounty, making it two and three-quarters cents per pound, we should know how the Minister of Trade and Commerce proposes administering this measure. If he is going to figure the price at St. Louis plus the freight and plus the duty of seven and one-half per cent, figuring the price of prime spelter in Canada at eight or nine cents per pound, that is not a serious matter; but if he is going to figure the price at St. Louis, without adding the war tax of seven and one-half per cent whicl ^ame into effect since this Act was passed, >
shall really be giving these people a bounty of two and three-quarter cents per pound instead of two cents.

Topic:   THE ZINC BOUNTIES ACT, 1916.
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