The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 13 Apr 1904, p. 3

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F CC s C > nc oogey M e -- i wo receive an amount equa a || properties of the chamber in-- relation| . . '; !$6,000 subsidy per mile. He (the At-- xo the Preu c w J _i torney--General) did not know what the || Mr. Charlton said was that there was t A ;/ nothing in the rules of -- ure to ;lands were worth, but whatever they & ;'N@d : » j orth five | guide him, anrd he would leave it to (more worth in 1900, they Rré 8 & the House In 1868 Mr.: Graham, the l tames q much Lo--dal: '\ member for York, had moved that the | 'Se'curity on Rails Alone. . bHeurt'm & O:xlaari: t%hlp bSanafltgori\{pmy 3 'A man who knows what he is talk. | be represented at the bar of the House h ingA a!tl)lout, Mr. M. H. Foley, wroce that gy °gi';z:l°l' and the motion had been 'if the road were connected with the C.| M°82 t | P.R. the rails dalone would lf)-** \(';Ol'th Separate School Law. |$1,500,000, based on a price Of "?" P°"/ ffon. R. Harcourt has intr !ton last October, and he was l:v zl'.mg 'to bill to make minor amendm:n(t),gui(:\edthz f |pay that for the road. . Mr. dm:}": :T: separate school act. Public school boards , offered §2,000,000 for tq& .roz&ib;me "qge.| bave power to dissolve sections made up is completed. . Hon. Mr. rantee || Of parts from different municipalities elared emphatically that the guatimice Separate School Boards have not this of $2,000,000 would not be ]ut:'\dcd over [' power, and the bill proposes -- to (Vc | until all the conditions in the #f20€" |; Fhem the same power to alter a dg;ll'e i ment are ready to be carried orc. . lhe ) soive sections nd dis-- Trust Company would be a sort of clear-- |. * fing house, where all would be done con 1 id | ' temporaneously. The _ Government | .wou]d see that all the conditions were | ( !complied with or security given that . 'they would be complied with befprc let-- ting go the certificate on which the $2,000.000 will be raised. _ It may be said that the subscriptions to the rc-l '\organization are merely on paper. They must be paid over before the guarantee | is delivered up by the Government.: (Applause.) ; § | * Mr. Foy--There is nothing about that | in the bill. xd Hon. Mr. Gibson replied that the in--| tention was that everything must be| done contemporaneously. He read a letter from Mr. James Bicknell, repre--| sentative of the Speyer syndicate, that | |he could see no flaw in the figures, and | 'that the results shown by the state-- ) ment of the Reorganization Committee should be realized. That was on con-- dition that all the money was forth-- coming, and if it was not forthcoming | the guarantee would not go. _ (Hear,| hear.) \ Market For Steel Rails. | Mr. Hanna--Who are the creditors ? ; ' \ Mr. Carscallen (Hamilton)--It does| | not make any difference who they are. |\ Hon. Mr. Gibson said he tnought \it made no difference. _ To give a list | would require voluines of printed mat-- \ter. lt would include _ the wage:-- : Ecarners, for example. _ But the Gov-- 'ernment would have a verified state-- ment before the guarantee is delivered |over. _ He thought it was a small, \ miserable matter to trot out the ques-- ; tion of wages. It had no bearing on | the plan, because when the plan | is f adopted the amounts will be repaid to & the bank. _ No one couid deny the a great importance of having the steel |rail mill resume at an early date. The 'Grand Trunk Pacific would require $20,-- 000,000 of steel rails. _The duty of $7 per ton which the Dominion Gov-- ernment will impose when the mill is ready is suflicient to enable it to hold the market. Mr. Carscalien (Hamilton)--Then you don't need the guarantee ? Hon. Mr. Gibson--That is the very f reason why we do need it. We do not want to wait for perhaps three years over litigation. He continued that * |if the guarantee passed, the steel rail | mill would be running in fifteen days and turning out 500 tons per day, and by the opening of navigation every in-- dustry would be in full blast. Mr. Carscallen (Hamilton)--Do you as Attorney--General believe that the Province will be secured ? Hon. Mr. Gibson--I have not the slightest shadow of a doubt that the -- Province will be more than amply > secured. (Applause.) I believe the e Canadian Improvement Company will ' |pay off the loan in a ° year or perhaps % six months. Mr. Gibson, in conclusion, declared that the House would make the greatest mistake any body of men ever made if they refused tiis guar-- antee. (Apr]ause.) * ;| _ Mr. Powell moved the adjournment of ?lml ;lebate, and the House adjourned at _The Speaker's remarks when giving __|his ruling regarding the motion of \ __| the member for North Toronto that --|representatives of the Public School : ? lBocrd of Sturgeon Falls be heard at the _i.bar of the House were not definitely | f f * f £ \

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