Mr. McGeer:

That is the theory that governmental expenditure must be made through the medium of taxation.

Mr. McGeer:

Will you tell me why a government with power to create money should give that power away to a private monopoly and then borrow that which parliament can create itself, back at interest, to the point of national bankruptcy?

1. What powers, rights, privileges, opportunities or advantages now enjoyed by the government and the people of Canada will be given up, in whole or in part, as a result of the acceptance and adoption of the agreement reached at the united nations monetary and {Mr. Michaud.]

finance conference held at Bretton Woods, New Hampshire, in 1944, for the establishment of an international monetary fund and of an international bank for reconstruction and development?

2. What powers, rights, privileges, opportunities or advantages will the government and the people of Canada secure from the adoption of the above mentioned agreement?

Mr. McGEER:

Is it not a fact that parcels are going through from Sweden and that the Germans are cooperating in effecting delivery of those parcels to the prisoners in prisoners of war camps? I understand that the cooperation has reached the point where prisoners of war are manning the trucks and handling the parcels. If that is so, it seems to me that those interested in prisoners of war should know it.

Mr. LaFLECHE: We do know it. What the hon. member has said is the fact, but the statement I gave a moment ago deals not with Red Cross parcels but with personally addressed parcels for our prisoners of war in Germany. I explained in that statement that the delivery of these parcels is made by the German postal service, which is disorganized.

Mr. McGEER:

But is there any reason for believing that the cooperation that the Germans are now extending with respect to Red Cross parcels would not be extended if there were parcels from next of kin available for distribution on the same basis?

Mr. LaFLECHE: I am glad to say that the possibility is being explored, but these conditions are changing very rapidly.