June 12, 1931 (17th Parliament, 2nd Session)

CON

Walter Davy Cowan

Conservative (1867-1942)

Mr. COWAN (Long Lake):

I have done so, and I can assure the hon. member that we Conservatives will pull that province out of the hole the Liberals got it into. Now, the Conservative government made a success of that business, so much so that to-day the government savings bank has 80,000 depositors. Anyone can deposit a dollar or more, and if the people all decided to put by

The Budget-Mr. Young
some of their savings it would do more for the country than all the yelping of the Liberals. The government itself has made $186,000 through this venture. What more could you ask? If people can invest money in the conversion loan, why can they not put some of their spare cash in their own bank? Why should not men out in the west drawing fair salaries deposit some of their savings in a government bank? If the people would only put their money into their own banks the result would be independence, instead of their continuing under the thumb of the bankers, as some hon. members are fond of telling us. I like the bankers, not as a rule but once in a while, chiefly on two occasions: when I want to borrow and they are willing to lend, and when I don't want to borrow and I can look them straight in the eye and tell them to go to the wild west wind.
We in the province of Saskatchewan are not the whooping, howling free traders that some people think we are. If you go to some of these hon. members and ask them what ought to be done under certain circumstances, one of them will tell you that the tariff on corsets is too high and another-like the hon. member for Weyburn-will hold up two socks.

Topic:   THE BUDGET
Subtopic:   CONTINUATION OF THE DEBATE ON THE ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE
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