Henry Elvins SPENCER

SPENCER, Henry Elvins

Personal Data

Party
United Farmers of Alberta
Constituency
Battle River (Alberta)
Birth Date
March 7, 1882
Deceased Date
October 1, 1972
Website
http://en.wikipedia.org/wiki/Henry_Elvins_Spencer
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=c59fd096-6883-4701-81c3-6f45cd624771&Language=E&Section=ALL
Profession
farmer, printer, publisher

Parliamentary Career

December 6, 1921 - September 5, 1925
PRO
  Battle River (Alberta)
October 29, 1925 - July 2, 1926
PRO
  Battle River (Alberta)
September 14, 1926 - May 30, 1930
UFA
  Battle River (Alberta)
July 28, 1930 - August 14, 1935
UFA
  Battle River (Alberta)

Most Recent Speeches (Page 4 of 421)


June 14, 1935

Mr. SPENCER:

I understand that not

only has i/t been printed in French but copies have been distributed to members. A copy is on my file.

Topic:   FOREIGN INSURANCE COMPANIES
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June 14, 1935

Mr. SPENCER:

Could we not have the

bill distributed so that we might go ahead with it?

Topic:   FOREIGN INSURANCE COMPANIES
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June 14, 1935

Mr. SPENCER:

As the hon. member who is responsible for the bill has pointed out, in the committee and since on the floor of the house, the money that is being borrowed by policyholders is nothing more or less than their own money. The insurance companies are taking no risk at all, and the investments of the companies are not bringing in nearly as much as is being charged by them to their borrowers. I think there are very good reasons why we should stipulate a definite amount of interest, and that five per cent and no more shall be paid by borrowers. Moreover, the higher the rate the poorer the risk, and the policy is then not of as great a

value to the company; and that is distinctly true also as regards the owner of the policy, because the greater the amount of interest to be paid the less possibility there is of the borrower being able to keep the policy in shape. I do think that the hon. member for Macleod has done a great service in bringing this matter to the house and asking that the interest rate on loans made by insurance companies to policyholders should be cut down in line with the rates that are being charged to-day for borrowed money.

Topic:   FOREIGN INSURANCE COMPANIES
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June 14, 1935

Mr. SPENCER:

I sincerely support the

bill sponsored by the hon. member. The feeling in the committee when the bill came before us was distinctly in favour of lower rates of interest.

Topic:   FOREIGN INSURANCE COMPANIES
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June 7, 1935

Mr. SPENCER:

He has that option?

Topic:   LIVE STOCK AND PRODUCTS
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