March 27, 1924 (14th Parliament, 3rd Session)

LAB

William Irvine

Labour

Mr. IRVINE:

I am very glad the Prime Minister has asked that question because it gives me an opportunity to point out more clearly just what a committee would do. According to the commission given by the Privy Council, the royal commissiion, to put it briefly, is to find some goat upon which to place the responsibility for the Home Bank failure. Now, a parliamentary committee would not be looking for a goat, it would be looking towards the amending of the Bank Act and towards reimbursing the Home Bank depositors. There is a basis for co-operation. Let the royal commission go on and find the

goat if it wants to find one, and then we will have a political squabble to boot; but do not let us mix up a political squabble with the immediate demands of sixty thousand depositors who have lost their money. There is the point.

Topic:   HOME BANK INVESTIGATION
Subtopic:   MOTION BY MR. IRVINE FOR APPOINTMENT OF SPECIAL COMMITTEE
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