| _ While it might take anywhere up to ten years to put the industry on some \ kind of a basis in this Province, the Government was wise,%he felt, in in-- 'creasing the bounty as it propdsed to [do. In fact, he just "had" to con-- ; gratulate the Prime Minister on his boldness in proposing to take moneys out of the public treasury to make the . bounty payments pdos®ble. Says Ottawa Falled. Mr. Ferguson observed that there was $750,000,000 worth of metal prod-- ucts produced in Canada in a year, and that Ontario produces 70 per cent..i of this And yet, he declared, not pound of iron ore is mined here tq enter into competifon with that from the United States. "This Government," he continued, "is endeavoring to meet, the situation by making it possible that, Ontario ore be used." He referred at) length to the Iron Ore Committee. There was, he noted, considerable discussion, as to how far a Government should gc| in assisting industry. Ottawa, he said had a part to play and had failed to play it. "But chis matter is toc important to Ontario to allow it to li¢ dormant any longer," he declared. t Within 25 years, he stated, the useri of steel would have to look elsewher than the present supply. And so with this in view the Government proposed to give such aid to the industry a: would put it on an equal basis witk manufacturing. More Prospecting. . He predicted that with this bonus-- ing of the industry higher grade or( bodies would be found in Ontario. Now, he said, prospectors are not interest-- ed in spending money on prospecting Mr. Waters was prone to pay par-- ticular tribute to the Ferguson Govern-- ment for bringing in the measure. He spoke of it as "one of the boldest and most courageous efforts" ever made to benefit Ontario and Canada as a whole. Hon. Mr. Lyons declared that the way: to develop Ontario was to de-- velop industry and produce new wealth to sustain the markets for the agricul-- turists. And s0, he explained, the aiq-- ing of the iron ore industry would bene. fit all classes in the Province. It behooved the Government to look ahead, as it was doing, said Mr. Robb, for the time might easily arrive in the United States when the big steel in-- dustries there might say: "No more of our ore goes to Canada." In conclusion, he pictured a linking up in Ontario of its coal and iron and cheap electric power, and hoped that in this union and as a result of the iron ore bill there would be created a new era of prosperity, in New Ontario esvecially, and in Ontario generally. Might Malt Export. He referred to the Algoma Steel Cor-- poration, Limited, at Sault Ste. Marie, and spoke of this organization as hav-- ing cne of the best and most stra-- tegic industrial sites in Canada, and it weould be made all the more important with the aiding of the industry. Manufacture in Ontario. The Premier drew rounds of applauselj from his followers when he reiterated\| the statement he has made so often| in the House, that "this Government is endeavoring as far as possible to com--| plete the manufacture of resources ofl the Province within the Province." He| referred to this policy in its relation-- ship to the pulp and paper industry,. a business that has upward of $300,-" 000,000 invested in Ontario. | He referred at length to the work of the Research Institute. Then he observed that if all the iron ore now used in Ontario were native ore the bounty involved would be $700,000. to find iron, because it doesn't pay. Bui if the ore was a paying propositior there would be an inducement for search parties. Again emphasizing how the Govern-- ment had gone into the situation, he stated that three experts were com-- ing here in the near future to discuss the matter with the Government still further. cD Mr. Hutchinson had suggested that the Government give aid by having diamond--drilling done to determine the ore bodies. Mr. Lyons declared that this was not necessary, that private in-- terasts had already established that there were countless millions of tons of ore. He had just received a letter from the President of the Algoma Steel Company telling of dGdrilling into an ore body that would last for 140 years, as used at the present time. Millions of Tons. Hon. Harry C. Nixon. Progressive Leader, told the House that his party was prepared to assist the Government in its effort to establish an iron ore industry, and that it would support the measure. Mr. Nixon took pains to point out that the first step in the movement was initiated as far back as 1922 by Hon. Harry Mills, the then Minister of Mines in the Drury Ad-- ministration. If the encouragement to the indus-- try, as provided in the bill, was given, said Mr. Lyons, within five years the Algoma company would increase its use of loaow--grade ore by 1,500,000 tons. He told of an old iron mine, near the Sault, that had been in @peration until the Dominion Government cut off its bonus. The Opposition had suggested that there would not be much use in carry-- ing this bill if it suffered the fate of the Iron Ore Bounty Act of 1924 and was not proclaimed. Well, said Mr. Lyons, he could tell the Liberals that the 1924 measure had not been pro-- claimed because the Dominion Govern-- ment did not do its share and also give assistance. The former Minister of Lands and Forests also threw out the suggestion to the Government that it might go a step farther with its law, and pay the bonus on ore produced and beneficiated in Ontario, although not actually smelted here. Such action would, he felt, lend impetus to the industry until such time as its old contracts had ex-- pired and it was able to proceed with complete mining. "Just an Election." Mr. Lyons referred to the political campaign in the Sault, which he term-- ed '"not a fight, just an election." His opponent, E. L. DeCourcy, Mr. Lyons continued, a combination Labor-- Liberal, had dGeclared that a cent a unit bounty was no use and had urged a two--cent bonus, and had also promised to get Ottawa to put up a tarifi wall to protect the iron indus-- try. Yet, said Mr. Lyons, there had been a statement from Hon. Duncan Marshall, Liberal stalwart, that the Ferguson bonus propcsal was an at-- tempt to rob the psople of $500,000. And further, he added, a wire from Mr. Sinclair had termed the Ferguson bounty offer "a silly gesture." "Well," said Mr. Lyons, "if the one-- cent bounty was a silly gesture, Mr. DeCourcy's proposal of a two--cent Mr. Lyons noted with pleasure that the bill before the House provided for payment of bounty on ore used in the production of "sponge iron." In this connection, he intimated, early opera-- tion of an entirely new process that would be of great value, he felt, in the utilization of low--grade ores. it bounty must have been two silly ges-- tures." In the opinion of Mr. Lyons, there was no more loyal, contented and co-- operative a lot of people than found