The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 31 Mar 1916, p. 2

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sion to "make is "ih" the report of that Commission . presented they would find that a sount method of taxation would be recom --| mended that would be good for som|{ time to come. 'The Nickel Commis slon was now en route to Norway Madagascar -- and New -- Caledonii would also be visited. ULcetting at the Profits. 'The argument was advanced by' Mr. J. H. Ham (South Brant) that| the Government should find some way of getting its share of the profits of' the International Nickel Company.| Mr. Ferguson said that would be & difficult matter, as the International Nickel Company confined its opera-- tions to the United States. * "But the Canadian Copper Com-- pany sells to the International Nickel Company,"* commented Mr. Ham. '"And it's the same company under another name," added Mr. Sam Clarke (West Northumberland). "I haven't any douht," . admitted Mr. Ferguson. Mr. Ham proceeded to say that they had the word of Sir Thomas White, Minister of Finance, that the| Iuternational Nickel Company made| net profits las; year of $9,700,000, and | that three per cent. on that would give the Province $270,000 instead of| the $40,000 at present being re--| ceived. The South Brant member's' reference to the statement of Sir| Thomas White was interrupted . by Mr. FPerguson, who remarked that "if | the honorabhle member for South: Brant would read Hansard instead of: The Globe he would be better in-- formed." "soaking the People." '"'The Government is goaking the working people and the kiddies who &o to the picture shows and letting these big monarchs--the nickel com-- panies--go practically scot freoe," said Mr. Sam Clarke (West North-- umberland). i A letter signed by the Hon. Frankl Cochrane, formey Minister of Lands, Forests and Mines in Ontario, was read by Mr. J. C. Elliott, in which Mr, Cochrane stated that the Cana-- dian Copper Company was the Cana-- d@dian branch of the International Company. '"We can't tax a company that is doing business in the United States," said Mr. Elliott, "but we can tax the company which, according to | . Hon. Frank Cochrane, really repre-- sents them in Ontario." Fair treatment of capital was urged by Mr. R. R. Gamey (Mani-- toulln). "I say don't get too penuri-- ous with your taxatiun, but say to the capitalists of the world coming into Ontario, we will treat you well and will not haggle with you over a dol-- lar so long as you pay your way." In an effective speech, Mr. C. M. Bowman, Liberal Whip, considered that the Government should insist that a much larger tax be collected in so far as this particular industry was concerned. He declared that this special case was a monopoly, and in-- creased taxation of the Canadian Cop-- per Company would not damage min-- ing development in Ontario one iota. Not Quite Satisfied. Premier HMHearst said that if . the Government were fully satisfied they i would not have appointed a Commis-- sion to go into the whole question of the taxation of mines and to recom-- mend to the Government & fair, equitable and proper scheme of taxa-- tion. The motion asking for a return of correspondence between the Gov-- ernment and the Canadian Copper Company was allowed.

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