The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

_ SAYSFINANCING OF HON. P. SMITH _ VERY RECKLESS Wellington Hay, Liberal member for Nortn Perth, and Hon. 'G. H. Ferguson joined in the criticisms from Opposition benches, and Dr. H. A. Stevenson, Labor member for London, participated to advocate strongly counter sale of Provincial bonds via the Treasurers of Ontario municipalities. To Hon. G. H. Fer-- guson, who advanced a similar sug-- gestion, Hon. Mr. Smith declared that he was inclined to give counter sale of Provincial bonds another trial. The Province, he feared, how-- ever, must expect to incur the en-- mity of the downtown bond brokers should such a course be pursued. Mr. Hay's strongest criticism was on the shortness of the period dur-- ing which the Government adver-- tised its bond issues. One week was not sufficient, he maintained. lHon. G. H. Ferguson drew upon himself the wrath of the Provincial 'Wrea-- surer when he commented from his seat: "One week is enough if the bonds are sold beforehand." When the Provincial Treasurer vigorously denied the insinuation that he was selling bonds prior to the appear-- ance of the advertisement which ad-- vertised their sale, the Conservative Leader explained that what he meant was that if the bond dealers were to agree beforehand with the Provincial Treasurer on all the de-- tails of the issue, even to the price, so far as the dealers were concerned '"fifteen minutes'" notice would be sufficient. Borrowing Under Hydro. Again with the Liberal Leader, Mr. Dewart, Hon. Mr. Smith became engaged in a verbal duel when the Liberal Leader charged that the Government had borrowed moneys ostensibly for Hydro, but had after-- ward applied them in part to road work. "He is misappropriating the moneys he is borrowing under the Hydro Act," complained Mr. Dewart, '"to the credit of the Province of On-- tario." He regarded that feature of Hon. Mr. Smith's financing as "a very serious situation," and voiced an added emphatic objection that the House was not being taken into the confidence of the Government then?" said the Liberal Leader. with respect to financing. "I told you I was going to intro-- duce an act to cover us on our bor-- rowings," retorted Hon. Mr. Smith. '*Why don't you introduce it, Hon. Igr. Smith--Now, just ex-- cuse me; I don't intend to be inter-- rupted. When the time comes I will Provincial Treasurer Smith's fin-- ancing was made the subject of vig-- orous attack by H. H. Dewart in the Ontario Legislature yesterday, the Liberal Leader moving the adjourn-- ment of the House to discuss the ad-- ditional $4,000,000 Provincial loan just floated. After stating his ob-- jJections to the manner in which the $6,000,000 loan of a few weeks ago had been increased to a $10,000,000 issue without tenders being called, Mr, Dewart exclaimed: "I never saw such reckless borrowing by any financial institution as the Province of Ontario is indulging in today." Advocates Counter Sale, MORE BORROWING YET Opposition Leaders Launch Attacks in the Legislature Provincial Treasurer May Give Counter Sale of Bonds a Trial Full Pay ir Blin , Full disa&®Mility ; members of the per in England}{* ' wITl, * PrC--mtoll pFaci&EaADle ('Onditions, That tho',anowa,fie in respect .to dependent'?arent C disabled pen-- sioner be },creasedgim equal _ the award of a miarried pensioner. All neurgsthenic @ases to be pen. sionable. y# t COmmUtfl'jon of NRensiana «s . _ Optional where adv centage off under prest That in the eases?f a pensioner suffering frokhm a di Ability incurred in war no 'deductiog be made be-- cause of dig@bility z}mwn to have existed priow 'to enlifément. That pens'gfixs be etigal wthout con-- alrlnanatin schikl. L1 ~ dl EnE t " s ¥, 2o That no dtduction} in pension be made becauseé the pefisioner does not, reside in Canada. fsad That the séale of pensions for dis-- abled ex--ser ;ce me:i and women be fixed at the monthly rate of $1 per one per cent.) of dis@bility. That pens}pn be 'Awarded to all other dependént nexfiof-kin equal in scale to thatfpropose' for a widowed mother without depénidents. That the foregoing,;regulations ap-- ply edually t:? the fl;ardlans of or-- phans of deceased members of the C.E.F. and ni&val ratings irrespective of relationsh'!;p. * § §* No Deductions, t*. (Canadian. Press i)espatch.) Ottawa, AprQ 5.--Requests of the Grand Army ot_";f'Unite Veterans were before the Spgcial I Buse Committee on Pensions and Re--establishment today. The requests ask that the pen-- sion awarded wido') without chil-- dren or a wid&wed dépendent mother with no depefdents be increased to $100 per mofith wiifiout regard to income from;pther s'z,urces. and thatl widows with :childr receive the recognized alowancéifor same in addition. _ --¥ 14 | Before Premier Drury concluded the debate with the explanation that the -- Chippawa development work necessitated _ extensive borrowing which would not have been under-- taken in normal times, Hon. G. H. Ferguson elicited the information from the Provincial Treasurer that f up to date the Government had bor-- rowed $36,000,000, and would likely have to borrow about $35,000,000 additional during the fiscal year.! From statements of the Treasurer,l the Conservative Leader concluded | that the Government's expenditures during the present year would run | up to $100,000,000. ) LONe uist of REc TIONS sSUBMITTED ERANX: soOc§E PENSION BOARD HEARS REQUESTS OF GAUY. Hon. Mr. Raney--I a that we are doing it. More Borrowing Ahead introduce that act. Hon. Mr. Smith referred Mr. Dew-- art to the Attorney--General for an opinion on the legal position of the Government in applying funds bor-- rowed under the Hydro Act to other purposes, and the Liberal Leader asked the Attorney--General if in his opinion a Government would be in a sound legal position in so doing. "Of course not," replied Hon. Mr. Raney. Mr. Dewart--Well, why are you doing it? Mr. Pinard--You will be out of a job before then. -- Hon. Mr. Smith*+I will introduce the act, and I will be here longer than some of my honorable friends opposite. 'xommuthktion of pe sable in 1ses where disability'®is greater ir;t practi&:ble condi . @llowarndée in res»ne ility . pension for 'qian. Fress Despatch.) Aprik 5.--Requests of the y of Unite® Veterans were Spgcial T Buse Committee of fiknsions of ex ITTED BY VET. 'ress i)espatch.; 5.--Requests of -- nited Veterans w anent force es where per-- to OMMENXDA.-- pension not aware than al