The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 7 Mar 1930, p. 2

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o. 3 f - : Mam}t 'Tfl'\. ids oi i ooo x . % fe e HOULDBE ENFORCED, | DECLARES MR. NIXON We zn mm mm mm @"""""""J he uim uow se = g%fw %----, m * to a certain point, and then I was ruled ;. South York Comervatwc out of order. Had I not been ruled out % I would have said exactly what was Says It Is Less Unwieldy | printed in the Star. + Mr. Macaulay--The Liberal Leador Than Frauds P revention was bound to give it publicity. 7 f Mr. Sinclair--You're giving it pub-- Act, Which Is Gwen' fieky noew:, Second Reading -- Falls| Vir. Macaulay--He was bound to take Isomc means, legitimate or illegitimate, Foul of Mr. Macaulay _ | to give publicity to it. nniiand s ' Mr. Sinclair--I demand withdrawal of that word, illegitimate. t EXPLANATION ASKED |mr. Sinctaie Laughs, | _ Mr. Macaulay--Well, T'll say "unpar-- OF REPORT IN STAR|umamentary" then. And after this ex-- i' perience I'd recommend that in future e es annmencsen es .__ | when the Liberal Leader hands out dy-- The Ontario Legislature last night " namite like that he'd better have it read gave second reading to At.tomey-Gen-l over by his confreres to see if it's in § eral Price's new Security Frauds Pre-- |order. This House is sick of such snip-- vention Act. ' ing--poison gas, poison arrows--this The wind--up of the debate on the |' jungle warfare. principle of the act was confined to Hon. "Carried," laughed Mr. Sinclair, and H. C. Nixon, Progressive Leader, and ' the whole House laughed with him. Leopold Macaulay, Conservative, Bouth Earlier in the evening Mr. Nixon re-- York. .ferred to press statements, interviews Mr. Nixon's chief argument was that | with the Attorney--General in the winter "much trouble and grief" arising out of | months. He declared that these inter-- the recont market crash would have | yviews had given the people of the Prov-- 'been avoided had the Government en-- | ince a false feeling of security. acted the old Raney Blue--Sky Law." He stated that "much trouble and i(Mr. Macaulay waxed cloquent in sup-- / grief would have been avoided" if the 'port of the Attorney--General's "fear-- | Government had enacted the Raney 'lcssness and courage" in administering | law, the so--called Blue Sky law, which | the frauds law, and tangled forcibly on | had lain on the statute books without |several occasions with Liberal Leader | proclamation. He added that, if the ESinclair when he injected into his de-- | Government took that measure and | fense terms which Mr. Sinclair held to | added the clauses of the Security Frauds ! be "unparliamentary." Prevention Act, which dealt with audits l At the very outset of his remarks Mr. | and trading methods, "it would be a Macaulay aroused the ire of Mr. Sin-- | much better bill than that which is !clair when he termed "cheap" Mr. | before us now." ' Tweed's recent statement to the House | No Fair Deal. |'that the stock market crash could be | He declared that the investor who i attributed to the Attorney--General and |lost, but who felt that he had had a | to him alone. fair run for his money, would not com-- | Mr. Sinclair thought the word |plain. But, he continued, the people !"cheap" -- unparliamentary. Premier |felt that they had not had a fair run | Ferguson did not think so in the sense | for their money. { it had been used. . He suggested that the Government i Mr. Sinclair said: "Well, it's objec-- should seriously consider the appoint-- | tionable to me." ment of a Commissioner to handle the _ Mr. Ferguson smiled. Mr. Sinclair brokeriage situaggn.. S"t';lh s p:oposoél I * Snrle nvige: * was incorpora in e Raney act. ' threw up both ln.n:is. crying: Wsll, if "TP * M Nli)xon n AtCG:; "we had ayCom- thore is going to be one ruling for ons 4 o side of th: House and one for the missioner in offxce_. there would be some other----.«" iI continuity of action and policy and Mc. Dizcaulay inlorrupied. "If ob-- procedure. . f o nigpenre n rirnnnonareninsranmennerigen en anemanecormmcommemencamees 1| _ SAE CAUVETIUCNV HMiRLib _ WEll consider jection is taken to 'cheap,' I'll withdraw < adopting that phase of the Raney act, it, but I still think it's trus." the very name of which ought to en-- Contending that the Attorney--Gen-- dorse it today to the Government. cral was no more responsible for the Mr. Nixon continued to say that there recent crash than he was, for instance, were some particular phasos of the bill for a drop in Brazilian silver, Mr. Mac-- Which he would deal with in commit-- ; aulay said. "I can't pass from this tee. He maintained that this Govern-- | without resenting a report of an inter. ment measure was "very cumbersome." | a view in the Toronto Star last night. He observed that the Raney e--t had This report mentioned Charlie Gentles Met With similar criticism, but he was and Grenville Price as being relatives Of the opinion that the Security Frauds by blood and by marriage of the At-- B'xlll "was far more unwieldy than the torney--General, and said they were con-- p.ner. ' nected with mining ventures. Now, in this interview the Liberal Leader tgave---" _ Mr. Sinclair--I gave no interview. | Mr. Macaulay--It wasn't a speech in 'this House, here. It must have been + !a corridor speech after adjournment, & 'and it mustn't have been by radio, for ' no one else heard it that I know of. Offers Explanation. Mr. Sinclair--Do you want an ex-- « planation? Mr. Macaulay at first didn't, and then on the advice of near--by Govern-- _ ment henchers, did. Mr. Sinclair--I say frankly that I s gave the press advance copies of my speech just as the Provincial Treasurer gave out advance copies of his speech the day hefore. . T cave my speech up

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