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. __' "iti'id if that _ "'"'-'rt m... M' _ ICC,' - M.rr?r-Fr-u=c"'"'"e ...-. ,....-,.- "'T"7eiq' - 3 q lieved the cityxzuld'. iit%itiiFTit,: to? "Wart!" Md tut in "My Fee": . MNfri"i, . - [fed 1er.S..y " PV 's-e W ' ,' tion immediately Let 0n.:thd qua. the Toronto Electric Light thi. had-spent l','/l'i,1flflr, . ".tiiiit.iiest $,tti,ilehi,ti"' , of the. 'iiiiiiiiG"ind {cited the " on! "£90,090 in the plant" and ex- _ {"41", 'tiri.r!iitijitt,it "9"" . _ , the effeet that the 'iiii,ii'i'iri'i't,iitj'ii, undone. For the fiiit six or seven years an . their "Ml?!" England. V, that the municipal law h onmee chm id no aiv'idends had been paid,' shoe "then qutntiotryr.erto bti'cdihttutrtsed the Minis-f ed. l s ould not be repeal; only seven percent. had been paid, and tens '9'" hare ttrt1i.1seu" them, too." 1 The Premier-That does not, , Js t . ray??? thintk' anyone watige,tet, itiemtritirr'tor Mummers. _ --. .' thet - . app o, {Was oo at. h o .' .....:r .3 'rr e iydro electric Power Commission. .. now desired to raise if: Q,",'?,') 0,38% l ' Mr. Frederic Niistiotu "id there we" Should Delay Application. . . .. T ' for'the 1mm)" 'of'expending the same: 1tytorttret."YtTr which had'not been Mr. Fullerton said . . m "tending and perfecting the system dismissal One 9f the" rth.stedjtt, band. so. there. should te trat,_wlule this was They could not understand whrr the. {holders}. The. city's 'Frist" Tame" priate .qo that tl I t e right to "Kpro- City Council should'step in to interfere "mm the company Was part of', (3 secur- _ , of duplicutin 1'"... would bepo netyl, with Vested rights. Ah ex'am 1e of G ICE. of the Jrory1holder, The city hid the J/f,',)','.,',',,',',',',,)),.,'",',?: .1Je referred to results ofouieh iu,2,?l',,f;x,ll,'ll"did' bob: scope to the court of last. sreiit,ib-'-ttt'e, I . panics act. which w /,i,"i/)',lf ltOCk comj givenjintlic absolute failure of municipal is??? f"e'1""iilrtat"C2".' to breakthnt a" of control over mutt g g 'i, t 't'if,:.11'U, ownership YI Greet 'Bl'ituin and the re- l 'd timer! and. had beer-refused. Mn"... and at the least the or I , " lull, (cut firurnciar panic in the United States. l Cl were asking the Legislature to give . . tion might, be held 2"tlirtyive11g".fti, it; 'lt city desired to take over the plant 3 them what the courts had refueed to . . J.,' , . Iew no " :19 com nnv . 'hi . t M'mnt. ' V . has phased. Mr. Fullerton to 1 . _ h . p Pf m u ioh 800 share- 1" ..' _ s terminally ulfon the situation 13311:: Illll- '33::3f2560332r03or less,. were interested. I, 0:11 Nicholls referred also to the fected the city in its relation to the o a, H at"? to the. directors and 3}) l l dfv.elo.pme1t ad, "Niagara Falls cheap pom... problem. asking if the c/ii.] Cl' 'l/v',!',, ','T,1i,fiiot"i'cwltxl,t thorn, instead i, aid the brmmpg of it, to Toronto. The trny.tetd would take the' attitude of thr .3115 o get the. expropriation bill ':, If'etrionl Development Company had leading the municipality with one hand 1'0}ng In!!! this 1ole in.the corner way. Emu"! .$'9,000.000.larir,ely in Engund,ior and with the othtw placing a stumblinu- anl , entier---s'upposingr that the city 12 that NIPPON" and their contracts with block in tho or." . . a thinly" people get together, do you 1")" Electric Light Company, the city t The Premier aslwd if, in Mr "In"-.. inet mm Is a chance of your agree- Epml the railway company "istere in ' .0n,s opinion, the 'llieutenunt-(i .- ." w? . , . . 1 'arite "1°35"er in the nature of rlti . In Council had the disereti ' f'.','?,,",?.',!,'. s.ir HT..ry--fer.1ajn.ly, if. they come to 3 to the English investors. seen as to who _ . . 3 3onary power Ins in a liberal, husimssoslike wa ' B t Found , . _ l ' P or rptuse the. Issue of sup. if thee mane io its w'th th 33- u (di . a pas Placing herself under a. p ementnry letter; patent. l , l, . ' l e idea that distinct disadvanta e bv end . lf , . ill?) {up gun"! to apt our PO f _ " ... g . angering , T . r. Fullerton helievod he had hut in old iron thev had'hetl t ' mpany or i l" od vightra. The country was becom. 3reply3 to u. further question fiom ihis . .3 . ers ay "my. img more or less a. objeet of ridicule i Prom," he thought that cmulitions Faith m thtrGovtrnment inmong the finaneial men of the United , [r i 'ite not, l."? i'royt"sPf, by the Lieutenant. ur. W. D. Matthews declared that l §"T'.f°"' He nllegcd that there. was a ttOtt- , rd",',',".""," ttt Council in Willing lettvrq the question of expropriation carried launch of silence between the press and 3? . 2: PM. "nlcee the company concerned much all'gument. No business had under- i .0 (My Imam" it. letter which he had il 'y'e',','C','l, to accept them, The new not taken greater risk owing to changes in guultten the Council. suztresting that ' i! 3 I "We am the. Pow". , tyai'hi.rter.v. They. had 'kept pace with W" waitsr he pumped by Niagara power. [l a Mayor Coatsworth's Addr _ . 1unprovynentc. and, after bringinu up the 'il/ld. scarcely ttooh-ed any attention 3 Nf Mayor ('oatsworth in Q,',",?:, -' . - t,lrt7Tilt to a good Position. the citv Efmm the Toronto pretr'r. I city declared that h , pusentmg the ,dflsnvd lo. take it from them. Those i, . The 1respr denied this and said that ' - the unanimo . e "as backed up by 'wi!o had invested money in the entec. I if Mr. Nieholls desired pv.hlieif.'v of his Ill well as th us VOIce. of the column. as': prise.had faith in the "men who man- lletter ho should have given ti to the ' . 3 Assoei ti e Canadian yu.nuueturers'."; aged, the company. anil were Mm," to I pres: himself. t Ilk,, 13.40 cm to: A meeting held in (hilt pay a premium for the stock as 3.15m; l "Tho Government 'should not break a, 'ttE ", llitlt Tlt" , Tes"sltttion to the effect vestmont. The sueeesq'o'f the Niagara f11"r),yt",,thtl, had boon owrried out on 3333333333 sh Id " supplementary let tcrs patent Derelopment t'ompany fbllowed on the. lone Ride," was Mr. hrieholls' concludin t 'iiijlire I. ou. be. for .the time withheld. The 3t-rrul of tlte.smeeess of the Toronto Elec- Temark, g er,'l)r,e; 'ttli,'",') iO secure the existing astrib//. put money "into "tt company in which ' p c . ",iv'::M'i fngl-mnht. lle Pointed out the follr of Qty". oould ttot. iiPt? a future. F It was Mr. E. F. B. Johmston went into the 'iiiia'f '.1l? ieating -the .exytity plant, which '.t TIs r-heap power protpect that had in. l .l.tyy 'ispeet of the question. There _allt il \3\oulrl he exceedingly disastrous to the duced many to invest in' the comnnnv, plus only One test, and that was whether I (ompnny, The public at large would .313". 89.000,000 had been invested in. file. i or not tho increase was bona tide. This t 3 demand that cheap power should be 99- '.lhTeryr,at,t Company. which was now i'Trtt.'l made. clear by the companiee not, 3 333,33 I cured for them. "We should Jipr/p"ris :thrgatened hythis agitation. 3 ' 1 Mr. Johnston then went on to show that 353.33. "to ?"Y"" plant. audit wrdd trot/ive will The, Pt'emitr-cr?o you say that in no for a long time the shareholders had i, {i Pf he "b11296 to ruin your enterpriée " Enid. case expropriatioti should be"allowed : been dismissing the proposed expend" :,), il ll "h.t Mayor. The pity wanted to deal t Ili. 1latttews did not reply directly l?,',,',",', m ty.ier to take advantage of the i a trr I with the Toronto 1he/itriej"ot'npanv,iair, lo the II,',',",'.)):"-, Referring to Control- 1tlt1ptr '-Sieg.am power. There was no . t Mlt1ll, [rr, and to'Pa." fhoiCevrirv' (iiiiiii th ', er Ittlsbard's remark that there was 'e""'"'.":. Not one aet of male tides in 3 3 I 'gil, 3th,". plant was worth. _ ."ll'T.. fit '13") {Misha he, said that. machimtr had tht' action of the company could be , 3 iWlg'i',. Public opinion" 1votillt . ndt - 4 l 33.30,k w, Olden:d' ami.i.!.tyieed. they .had 3 painted to. It was wrong that the Gov. -3,' port. them ' l . , "_. mp -" en the 1rsTottsibility of d . I rnmeni Should be askedt . I "tlRtt. .4 'i, . . m "'."Y an iniustiep home": iiurJni'iiiiiiri/.' ti . or er.'tng I request because iid" t tt oppose thtiy IRN"?'1-" l ' on} private Interest and this .tréub-l: i . . .'." an ieipatincr ll!) "We hav . . Cl y came and said, T --' 'Would safemmnl the noullnuv'; 't'apital 1; _,t'.uing an increase to their What til e a? other scheme in view." 1 iiF 3. j interests. The it ~' . . ." C" ,. ', .5 Ott ." . _ '."- . ",9 PI F was after was "a, 3 ci. 3:33:33) ihe 'r,",','),,,),')".",)' 'i,Gwvai"r,.'r),',ei',J,o,'. mg: l th [he manner again. asked Mr. Mat). y,t,',lp,i,' Jtf i/'i'iTgrgi",t,t'i' patio.- w, he believed it - '., ' , ". .nn T "'"rf JM '0 ."9 opinion on the r . ii, ' ' ' ' are l it would not b . , 33 3.9.3.5 I would corn, " .q - . . general!, te e bet- I .333. m'AN"sary to expend lair. J,,', mlzlit he rlili.tIOll.of. expropriation. Ilehad.re.-, fat}, pa" 3 g.et.terr.l.aet that would l 'r'."' I h tending tho plant but 3" 4mm m pt. 'i,f,)iCf1., io my anvtlting about the pro-; 331333)th (,!1'/1,u'gi/'ttlit: thus Protect Ai 3 ". . Irte.v, Wanted to 'priety of ex ro Iriat' a ' , ' . T a M? Hg! 5 of the eo 1 - -. . expend it themselves if the - . .- Hi ' t. p p ',tott. ls your-po"-- ing clear tl . . p pre and mak- a P. Il -to take it on: '9. f, 7" "pr" :2an _ ioit 1liit u.rider no circumstance WO ll . 1e position of the lure ti 3 " l r. Tho Government would [the Leamlatl be . " . ".." y. '"ly" publie. The ositi s "gr I *i he omharrassu'mr the oitv vcrv mi eh if the ri lit f'l',b'l .i.u1tiiteti: m granting Was analo A p ll 10n taken by the city 1,,llllllll?) up. itteroase sl H h . _ _ _ I l i .. pr. o expropriation t" _ 3 , 80115 o txprorTittintr the T. tPs.rij", . Intl t 0 fronted at tho Mr. Matthews re li d Eaton Company afte ' . . fi"."¢.?5; Present time. if this qtock ' . _ . ifaitlv l th . I pie. that they had give ft 50 . . I Saying we will 5'3"), at our time it s0to, . i ' .wy granted i m. ehnnesty of the Goxernme, t i y u a per cent. for your gh - . trrtitit". . . old h ..t an ti . ,, . ' . . ". .. QI l worn _ . . . op I 3.3% _ in it he sold in the Own P": Initiated that 363303;}? tity should buy the busmess they 5 cent iglooodq. _1pv°'°° prices for J'oty" re- ...» t I . I arkrf. d do .qO In the open market at its _ p ttations. but not. one dimar , 'Wi,", :.' l Eas Government the Power ? _ _ true commercial value.. _ r' . a' ' i for. the splendid businesq that Trott ha !iuM.i','6', " I "r ' . i built during the tttst Tr . " .33. #33; Have We the power to sell ih' the' ', he, Poster Commission. I I iected to ex P . .,ea.rs. They ob. ' ',t1i,i,',t:r'" open market t" asked the Premier. , sir. W k Brook Lilth it .- i; . live. Lt/i'cixgy"itli,onwacnddtoir,t"g,'rti,- , t liliiiiil' "All; 1,),lt"/'Ji,'"ie, that the huew not , Council 'ecte'd'toward the 12t2l,rfiii/d' laid] their rights '/,alff.'" ThiJutr,foenr,t , 3 , "is' _ . a power and 's. ouWhe .and power ue tio . I leg of the a lie ti J. 1 3 5' made to apply in on. raw b. fthe m" C". q iy Ion as they had about ', ue ti pp awn could not be ' . 'ir',). -. _ . , '. _ . Im.u.r.1ieipal buildings nd .h l I i"? tstioned,me repeated in 001111.; ' , .t'r's - Controller Hubbard thought'thttt all Etheyyould ',1/lll'1'd'l'i'i"d. blt' t',1trt,e,t:/ icon?" Fullerton replied b','lef/,?.l"eiiltot'tii, in IP,'; [new Pow convinced that the low prices II? new of the eity's record in cameo-"Ii t '1"if of tlt, Premier.' With respect - 'lif/, iirripowcr queted by the oommission tion Lwith'thO-Se buildings he thought" their? /.ett,t',i,d,e, of Mr. Johnston "at: , Illrr')'l ' Ji,"-,':'-..,'.',,",,',",",' [he ownership of the t_'0tt1- the Mayor juWthepruiiei1 ought to be, I in IP/l matron Was'lmua. ftdti/rt Was only/ 3 I kt [pen-3 a point was osv.ential to Toronto ashamed to comefand prefer the requests? IU,' of ttihti _3Jhat WM where the l i f,' "lg3the be.ne.It of those prieps. The sthey had made to-day. -. There was all Mry'r 1 , e Legislature began-where " Br' rennet asked if tho ('ontrollcr had great outcry about cheap power and ai hr . "swam" left off. It was simply 1 3 3' pot-ed a 'la-tefncnt made in the Legisla- MittiBtgr-ot'theiroivn had gone around i all? l m here as a piece of bv-play. ' f . F nu: to the effeot that the day of Gleam, fht.coyttirtylytrangui,ng:th, people but i to} '; 493°P01d Goldman, manning -diree..' .:r,'v/ power had passed and that producer had one. single municipality 'iiliiii'ei 31;; ' o the North American Life Assur. ' t'ts gl'., woe to take. its place. meet/bt-tay of connection with that' "E,",', Company. as a larm, shareholder h tii', he Cont roller answered that the some 1gi.tft.1on! .r'rpoisetrmg,' 'Mr. 1iiiiiiiii thaliked the Premier for his assurances " 'r,,,, 'f?,',", llad been said about gas when the that the money market in' England had ' a y Investment whieh thev had " tl. 'iltd pa: seeking legislation allowing the Areyititet:jittiiiss.4 by . the .ainpoint- '3:ch innocently and in good faith: _ Cr " Ct y 0 buy stock in the gas company. 12:82:00! fliisiri'p,jt,i,'ir'r'edtft.',, Poorer Cond .' I be protected. / ' i - - t.. . nan its ' it,.ti; "- ', ---a---a---e' T . , ly Sit IL M. Pellatt's View. :were Manned, 53%;: tiir?hsitvttt,'f -- --_-., I ' . l " . Would A.-m',rJ,.' I" . : _ l s,,1iyt,',','g,e Pellut apologized for the to Brigg? 3:35}? It.?. occasnon to Ao. l --_ r ii H 'll) $3: hie: gtgt"ttt'g, nresent. . The 'ttr'ldfV,'lilt'iil'ltf, t'l,',1',"'t'it f l t , V conference he thou 3:33:1- nag; pf the I intt tvas. for the jfi).ritd1",'f1'l'i't',util1'n'l"iri' w', _ Yittttit ii, ld t tr , won "0 Ieett merits '0! demerits" firth H g. e, C: . o accommodate them " A trio poi." Grtnini i2,',i: te . y.dr.o,-ttl.et-. l. . 1.693 n. He did not, wish