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"'This House condemns the apathy, indifference and neglect of the Goyv-- ernment to regulate and control stock transactions in the Province, and its refusal to institute a searching inquiry by way of Royal Commission into the whole system of speculation, counten-- anced by and carried on upon the Mining Stock Exchanges and in many brokerage houses in Ontario, notwith. standing its knowledge of existing con. ditions warranting such inquiry,'» "That all the words of the Motion after the first word 'that' be struck out and the following substituted there-- for: full: The Liberal amendment to the Ad-- dress in Reply to the Speech from the Throne was moved by Mr. Sinclair ang sooonded by Dr. George A. McQuibyan Mr. Ferguson referred to the aims ci d the Security Frauds Prevention Act, an _ € |its restrictive power; mentioned th f 'audits that had been instituted on th} '," exchanges; told of Messrs. G. T. Clark! an son and George Edwards, prominen | chartered accountants, being called it fo | to advise the Government in connectior , with the recent brokerage--house clean-- up; and emphatically stated that things: Strof | they had revealed in their check--up had fcense | provided sufficient information to arrest the C ithe broker against whom Mr. Sinclair claimed no action would have been take? tions « by Queen's Park but for the instance of in the Ottawa. HMarryv "And," he declared, "I don't think any cheap suggestions of relations in busi-- ness or of any other kind will affect the standing of the Attorney--General in the ecsteem of the people." The Amendment. Mr. Sinclair, he noted, wanted a Royal Commission. To do what? In inquiry into such a situation as the brokerage business, he observed, one affecting commerce generally, the investigation has to be held in camera, the facts dis-- covered without publicity. He believed hat the public approved and expressed its confidence in the method of pro-- cedure adopted by the Government and the Attornev--General. What had been done undor the act? Well, the Premicr continued. thore had been warrants issued and arrests mado. "But it would be unfair to convict any one in this Legislature," he observed. There had been the "drastic--action" scizure of accounts and business;. but that was done to protect the public. Moreover, Mr. Ferguson declared, the Government was consulting with the greatest experits of the New York Stoci Exchange with the hope of finding methods of improving the situation and protecting the public without interfering with the efficiency of business. Business mon, the Prime Minister went on, could testify that the Security Frauds Prevention Act and its adminis-- tration had a steadying effect on busi-- ness here when there was the panic in New York last fall. "So," he continued, "the honorable member from South Ontario must not rely on rumors and hearsay when he makes a statement of serious charges -- in this Legislature." Steadying Effect Claimed. | Mr. Ferguson stated that he did not want to detract from anything Ottawa had done in the investigation into the brokerage business, but he wished to state that action Ottawa had advised had already been taken by Ontario be-- fore that advice was received. stock and prospect could be submittl for approval--had not been establish Such an act, said the Prime Mlnlsq ,would have had the effect of placing t Government's stamp of approval c 'stocks. "Very properly," he adde | "people might say that they had pi money into a stock because it had tk l approval and backing of Govcrnmefl officials." It would have been a moj unwiss piece of legislation, said tX Premier, both for the Government at the public. For that reason it ha never been adopted. Reviews Safeguards. 1 '"This man, I may tell you," said the Prime Minister, "was arrested on our own information before the Attomey--* General ever received from the Ottawa' authorities the name of his firm." Noriheast Wellington). It follows in ) i( DC suomillé _ * een establish f ADE Prime Minist? t of placing t # Provincial _ Government's $2 Gun License Attack-- ed in House by Progres-- sive Leader as "Unfair and -- Vicious"--Blamed for Rabbit Plague Strong opposition to the $2 gun| license which was made applicable by | the Government last year to many sec-- | tions of Western Ontario was renewed | in the Legislature yesterday by Hon. Harry C. Nixon, Progressive Group Leader. "I have been opposed to this business for years," said Mr. Nixon, "and I'll al-- ways be opposed to it. It's very unfair as a taxing bill, and it is most vicious in principle." & e phe in 15 The Progressive Leader contended that it has made a lawbreaker out of many an honest farmer, who had mere-- ly to step off his own property to be checked up by the law, and that it had aided the jackrabbit menace immeas-- urably. A s _ "Last year certainly was a good year for the rabbits," said Mr. Nixon, "and the only conclusion that I can draw is OF HONEST FARMERS, SAYS HON. MR. NIXON eb.aith. ;l~~~~.'"\.~~'\.'~' i Even the Prairie Chicken ! ' Is Migrating to Canada / Mr. Nixon entreated the Government, in the interests of the country, to shoul« der the full maintenance costs of Pro-- vincial highways; urged them to go carefully into the milk and cream ques-- tion; and expressed the belief that at present there was too great a gap in |the rates between' the rural and urban |users of Hydro power. ; '~~~~.\.~~~l'.~~'\' that they must have all voted for the Government at the last election. In more serious vein, Mr. Nixon ex--| pressed the hope that if the Govem--' ment were going to leave to the store | vendor alone the question of how much', liquor a man might buy on his permit,. it behooved the Government to exercisel extreme care in the selection of their' officials. The drink bill, along with the losses on the stock exchange, was seriously affecting the condition of the country as a whole. $ With Mr. Sinclair, he agreed that the cheaper rate program outlined and promised by tite Prime Minister during the last election campaign looked like a case of "buying the people with their own money." But he was quite in ac-- cord with any scheme that would ex-- tend to the housewife "toiling over her smoky Jlamp and hot stove" the advan-- tages 'of Hydro, as long as the exten« slon lay within the farmer's means. For that reason the group which he spoke for would do its utmost, "by way of sug-- gestion and accommeodation," to help the Government in its policy of carry-- ing "the great asset to the rural parts of the Province~ Drift of the prairie chicken from the Western Provinces and the State of Minnesota into Northern Ontario is becoming more and more noticeable. Thomas F. Sutherland, Acting Deputy Minister of Mines, who recently returned to his Queen's Park office from a visit tw the Government's new lignite coal deposits at Blacksmith Rapids, on the Abitibi River, reports having seen a flock of eight of these birds in the vicinity of the mining camp.