Mr. ROSS (Moose Jaw):
At page 199 we find this:
When private profit is the main stimulus to economic effort, our society oscillates between periods of feverish prosperity in which the main benefits go to speculators and profiteers, and of catastrophic depression, in which the common man's normal state of insecurity and hardship is accentuated. We believe that these evils can be removed only in a planned and socialized economy in which our natural resources and the principal means of production and distribution are owned, controlled and operated by the people.
In that he means by a government of the C.C.F. party.
Topic: INDUSTRIAL DEVELOPMENT BANK
Subtopic: PROVISION OF ADDITIONAL CREDIT FACILITIES FOR FIXED AND WORKING CAPITAL