James Lester DOUGLAS

DOUGLAS, James Lester

Personal Data

Party
Liberal
Constituency
Queen's (Prince Edward Island)
Birth Date
November 29, 1881
Deceased Date
September 30, 1950
Website
http://en.wikipedia.org/wiki/James_Lester_Douglas
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=bbf601ac-11ae-44b0-8bec-e379540a370a&Language=E&Section=ALL
Profession
exporter, farmer

Parliamentary Career

March 26, 1940 - April 16, 1945
LIB
  Queen's (Prince Edward Island)
June 11, 1945 - April 30, 1949
LIB
  Queen's (Prince Edward Island)
June 27, 1949 - June 13, 1953
LIB
  Queen's (Prince Edward Island)

Most Recent Speeches (Page 54 of 57)


July 10, 1940

Mr. DOUGLAS (Weybum):

And perhaps most properous years for others.

Topic:   EXCESS PROFITS TAX ACT
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July 10, 1940

Mr. DOUGLAS (Weybum):

Would it not be fairer if the government set standard profit figures for the different industries, and then taxed everything above that? Due consideration could be given to the turnover, the risk

Excess Profits Tax Act

involved, the particular function of the industry and all that sort of thing. If a company has had an average profit of two per cent over a period of years, it will now pay a tax on everything over two per cent. If it has had an average profit of sixteen per cent, it will be allowed to continue to make that profit before paying any tax. I am keeping in mind that there is a minimum which they must pay. This will work a hardship on firms which have had low profits for the last four years, and will work to the advantage of certain industries which have had fairly good years.

I have in mind mining companies and other concerns engaged in producing war materials. For the last four years they have done a fairly good business. They lost their foreign market, and the result has been that the war orders they are now receiving hardly more than make up for the loss of their foreign markets. The chances are that their profits will not greatly exceed their average profits for the last four years. Other industries, like the textile industry, had quite poor years in 1936 and 1937; their average profit will be quite low. Would it not be possible to consider the setting of a fixed profit figure for the different industries and then tax everything above that?

Topic:   EXCESS PROFITS TAX ACT
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July 10, 1940

Mr. DOUGLAS (Weybum):

Yes, and they would like if possible to continue going to a unit set up for the South Saskatchewan regiment, knowing that they were being sent as replacement troops for that regiment, instead of going to some general training centre and being liable to be sent to some other unit. The minister will agree that there is a psychological value in men knowing that when they enlist they will be sent to the unit in which a large part of the personnel is drawn from the same locality as themselves, so that there will be some continued association with home.

Not only has what has happened had a bad effect on recruiting; it has had an unfortunate effect on the district. Here were committees set up working for the purpose of furthering recruiting. Here was a regiment in which the men had some pride, in which sons and friends had become members. Now its connection with the locality has been cut off and no military reason has been given. There is a feeling that the reason is not military but something else. The minister has just taken over his post and I do not want to bother him with small matters, but I do urge that at the earliest opportunity he should give serious consideration to this matter and see whether it is not possible to allow men in that district, who wish to join the South Saskatchewan regiment, to have their military depot at Weyburn or at some other point in southern Saskatchewan where they can enlist and be forwarded as replacements to join the regiment in which their friends and relatives are enlisted.

Topic:   APPOINTMENT OF ADDITIONAL MINISTERS AND DEPUTY MINISTERS FOR MILITARY, NAVAL AND AIR SERVICES
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July 10, 1940

Mr. DOUGLAS (Weybum):

It is precisely because it is so simple that there is a general feeling that there is some reason other than a military one why it is not done.

Topic:   APPOINTMENT OF ADDITIONAL MINISTERS AND DEPUTY MINISTERS FOR MILITARY, NAVAL AND AIR SERVICES
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July 10, 1940

Mr. DOUGLAS (Weybum):

Has the minister any information available as to what number of companies elected to come under rate "A", what came under "B", what amounts were collected under plan "A", anu so on?

Topic:   EXCESS PROFITS TAX ACT
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