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

UNION

Alexander Kenneth Maclean (Minister Without Portfolio)

Unionist

Mr. A. K. MACLEAN:

This company
at the instance of the British Government and the Munitions Board of Canada, was induced to enter into the manufacture of electrolytic zinc in order that the British Government might have a supply for the manufacture of munitions here and fn Great Britain, and for some of the Allied countries. The company made an investment of $2,500,000, and it was agreed between the Government and this company, as an inducement to the latter to enter into the manufacture of this high grade zinc, that the company should receive a bounty under certain conditions as to price, of

two -cents' per pound for two years, payable only after the war. When the company commenced to make the investment, it naturally anticipated that, during the war period at least, it would have in the Allied countries a market that would consume its entire production.

Topic:   THE ZINC BOUNTIES ACT, 1916.
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