Before closing, I wish to comment upon the budget. I believe the budget is a good one. I wish to commend the Minister of Finance (Mr. Abbott) for budgeting on a pay-as-you-go basis. If we are going to cut down on our taxation it would mean that we would have to sell bonds and borrow in order to carry on. I think that would be a wrong policy for Canada at this time, with the country as prosperous as it is.
Again may I say that I commend the budget, and I am well pleased with it. I am not satisfied to see that tariffs have not been
The Budget-Mr. Wood reduced but, apart from that fact, I am pleased with the budget and offer my congratulations to the Minister of Finance.
At this point I should like to voice my gratitude to the Minister of Trade and Commerce (Mr. Howe) and the Minister of Agriculture (Mr. Gardiner) for having secured markets in past years. I must say that it is not the price one gets for his product that means everything. Price is a secondary consideration. The fact that he has a market for his goods is the important thing.
One has only to refer to what the condition was in the days of the late R. B. Bennett. He was going to get us markets, and give us big prices. But he did not get the markets. He did not make an effort during that time to get markets for our cattle, and when the United States government passed a measure of reciprocity in 1934 he neglected to do anything on our behalf. It was not until 1936, when the Mackenzie King government took office, that we were able to make any kind of satisfactory deal. So there is no use of members in the opposition talking about markets.
I am not kicking about prices. Although they might not be as high as might be desired, let us have the markets. I offer my word of gratitude, as I have said, to those two ministers, because they have done more for the people in western Canada than have all other men put together.
I could speak much longer, but I believe I shall not do so at this time. I thank you, Mr. Speaker, for your indulgence.
On motion of Mr. Courtemanche the debate was adjourned.
Topic: THE BUDGET
Subtopic: ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE