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1 y to 'hands--off' policy. In this House, criticize was an unholy thing: it w:: beyond the pale of possible wrong misjudgment. Beauharnois Contract. "Let us see another contract. I| refer to the Beauharnois contract. It |: is not my intention to recite the de-- |: tails of this fantastic dream, but to |: dcal with in broad, open phase the | statement taken from the prospectus | on which this company sold its 'bonds, | and as it afects Ontario through this | Commission. It will be noted that, al-- | though their agr:cemsont with the two | Government; at Quebec and Ottawa, calls for the devolooment of 500,000 h.p., and the diversion of enough St. Lawrence water for this power, the corporation has laid its plans, filed its prospectus and floated its bonds on a basis of 2,000,000 h.p. to utilize the entire available water in the river. This is the strange and barefaced ap-- peal which they do not even disclaim or attompt to conceal. It is on every prospectus. Here is their creed. quoted from the prospectus: 'Precedent telis us that prospoctive discounting of events is the astute investor's road to Eldorado.' They do not leave it to the imagination and astutencss of the investor. It is placed right in front of them. Let us examine the events » leading to this Eldorado. I ufln dn ulc ca..h h i A 4 uid AN11, AMAvinIy)y xv)uwcuuus vAU V ALLVOCU estimate within ten vyvears, an annual States at Ottawa, keeps them ever g;gilx-%ve;%ilgfgs4oéo%q.0flm. trms wi}{ rr;lrédfuldogi thel; ilecgo?hgledge. gll;attf - Orteag* Ccapitalization well pledge, delivered fro same lrlant:;eroffigo.og(fi)ipoglv.tuuc.!_} alt the high form as the convention iq Winnipeg, $12,000,000 as f'\l"i '(\'i:grcslz"s.rcq[l)l!lll;(s :ffselt&,-t&emf;?::e :ll::twh?)llg sglllee':g: 34.000.000_ cver all operating charges, of' Can;dian transpor;tlon. both to (r);%ultgggaintg x;;:) ;»:;'pi;ls of 324.0100.- east and west, by the development of b 1 a snate, carnings the St, Lawrence waterway.' Not a ber share' and not a dollar of their) .. ¢ own money invested. TI)lis"stgtmtn?cviglaord'r;?s uuirigei% thrflnsp?lcgafrrl?:} of $10 per share earnings on 5,000,.000] c t ;03&,: 'a ,"' PSEDe shares of the company makes thisg T 8 Tok company worth at that ccmputation:"'ho Stands Guard? well over onc--half billion of mo:ey,, "One wonders, Mr. Speaker," con-- and it does not take much imagina-- cluded the Liberal Whip, "who stands 31012 xgmoxg }ggnggn'oT lllliow much further/ on guard for Ontario at Beauharnois. s S COMNANY 1§ 1N«o--o--o--oo--o------------ zl zllzknmrmae en immiz zces itlating its works and making 11 preparations which are n.occsm;v x?or i ggs igiiantic sfhenf,fi it.sh * scaway the complets installation of 2,090,000 en c arime Anes erabions of horsepower 4,0J0, for one, or maybe more, generations. 4« e The splendid visions of Toronto Har-- More Eldorado. The need for electricity increases 100 per cent. in bor, with the proud flags from AmeA nine years, according to their estima-- clime, tle mammoths of _the Sev'e * tion. Who is to buy the power from Seas, is an idle dream. It is the co'd, them? They do not disguise their keen Caloulating _ touch of | a _ Midas, sense of discounting events. There is ready to blight the budding bloom of little doubt but that they expect that 1Md4ustry, for which the great St. Law-- Ontario is to be the goat. Quebec has NéNCe holds the key. We are told the surplus. Where else is the outlet? thAt Nero fiddled while Rome burn-- Ontario has laid the corner--stone. On-- 4. and, just as surely as day follows tario is expected to build its walls anc Dight, Hydro has hoisted the white Fear its challenging tower to the NMag of surrender. The works they heavens. It talks of velvet. How sof| build bar the way from Montreal to and fear--dispelling a term this is. Th( Toronto. More, if it goes through, it cushion of the domestic rat--trap; th] has sealed the fate of the great Hydro 'bait. of the unwary; the shock--absorb| project, for it makes it but the vassal 'iggthmegium: the mirage which end| to feed the icy soul of greed. If we ' e fictitious Eldorado. were in power, Mr. Speaker, this con-- "Yawning Mouth of Capitalists." tract and these accounts would b» "1. They paint a marvclious picture. The hero of the drama is the Hydro-- Electric Power Commission. On the strength of its present contract, and its future business which they an-- ticipate. Chceapest Power. pov "2. They claim the chc: in the world, therefore the large't profits in the 3. They sell 400,000 h C# Imost tho first waord in ¢+ma;p, Winnipe§s Cconvenuion gaye Uthe Con-- prcfi)fz{;;;c'\ E;,'?l,;i"lf..,," ord in thei" cervative Party the waterway plank 1UGSpC _ ecunds 1R a birthday . hm's .# ; th is i gift, as they immediatoly start off 48 foNows: 'This convention 0 with the assumption thet they are to tD¢ prinicl 'hilt the S LMAMefte devel~p at this sitc, 2,000,000 horse. CADAl system, as an all--Canadian powor. * project, should be developed in the s s national interests, as and when con-- Final Summing--Up. ditions warrant.' "7. Here is the final summing--up . "This Was Mr. Ferguson's creed. of the whole situation from their Perhaps one of the most bonehead cwn Prospectus, 'As we have shown Plays in political manoceuvres. Why? in this analyiic study thers is evory Mr. Benneit called just recently on reason to anticipate the progressive Mr. Hoover, who is the most enthusi-- sale of the projected 2.000,000 hwrse-- astic exponent of the development of power as, and even before each 500,000 this river. There is silence so far. E:U"E"i;*' completed, therefore we would Mr. MacNider, representing the United "Ontario needs power for its futur needs, said W¥r. McQuibban. "There ar to feed the icy soul of greed. If we were in power, Mr. Speaker, this con-- tract and these accounts would b> speedily cut asunder. "Mr. Speaker, we suggest that the Conservative Government join with the Opposition members of this Hous» for one, or maybe more, generations. The splendid visions of Toronto Har-- bor, with the proud flags from every clime, the mammoths of the Seven Seas, is an idle dream. It is the co'd, calculating touch of a Midas, ready tq blight the budding bloom of industry, for which the great St. Law-- rence holds the key. We are told v was to the effect that 'We pledge ourselves to improve the whole scheme of Canadian transporation, both to east and west, by the development of the St. Lawrence waterway.' Not a word was uttered in the Speech from the Throne at the opening of Parlia-- ment at Ottawa." Who Stands Guard? "The question arises: 'Why this rush for power in Quebec?" The answer is: To provide for future re-- quirements. This argument, perhaps, has some merit, if results were satis-- factory. Is it true, Mr. Speaker, that we must look into the future and at not & very distant date, to see the --"At home we have two of the mightiest streams that any land can boast, one international, and the other interprovincial. From exhaustive investigations by Continental en-- gineers, the mighty St. Lawrence, father of waters, along whose shore and upon whose bosom much of the romance of Canadian history is writ-- ten, has given up its measure of clectrical energy. It has been com-- puted from these reliable figures of the joint engineers, both for naviga-- tion and power, that power can be developed at $10, and many place it considerably lower. The gréatest drawback has been political contro-- ver'y, and most surely there must be harmony and complete accordance with all parties concerned if this work is ever going to be a success. The Winnipeg convention gave the Con-- servative Party the waterway plank as follows: 'This convention is of the opinion that the St. Lawrence canal system, as an all--Canadian project, should be developed in the nalional interests, as and when con-- ditions warrant.' last Available economic head of watéer transmit its energy to electrical power? 2. 0 | to investigate some of the examples ! cf suppression of 'free speech' that | have taken place this year in Toronto. The estimates not being down yet, I do not know what provision is made for more stafif in his department, bus I am prepared to support enough ex-- tra to take care of this matter. I do 'feel that the application of common sense to many of these disturbance: Et.hat have taken place would have saved some money." $ Mr. Hutchinson then read press re-- ports of authoritiee in Americar citiee who had allowed uncmploye. demonstrations and Communist meet-- ings without interference, with the re-- Mr. Blakelock declared it was no wonder Northern Ontario could not be won to Liberalism when there was an aArmy of 7,445 men there on the Government payroll. He based his es-- timate of this number of men from figures on Northern development showing the total paid in wages to be $4,222,000. While he congratulated the Government on building the new wing to the Legislative Buildings, Mr. Blakelock suggested that only Ontario material be used. He said the build-- ing had gumwood trim. He went on to discuss handling of unemployed demonstrations and Com-- munist meetings. He commended a common--sense attitude in dealing with thelse conditions, to the Attorney--Gen-- eral. Premier Henry--Gumwood? _ Why, trmat's Ontario birch. Not a dollar's worth of material in that building came from the United States. E. H. Hutchinson (Kenora) express-- ed the hope that work for relief would not be distributed as a fact of patron-- Free Speech Case. _ _"I feel," said Mr. Hutchinson, "that the Department of the Attorney-- General might well spare the time Mr. Cote declared that Hon. G. Howard Ferguson had left the Con-- servative Party a heritage of a won-- derful record of achievement. "It is fortunate," he said, "we have to solve the problem of the St. Lawrence de-- velopment not with the King Gov-- ernment, but with a new Government at Ottawa." Payroll Army. and, by resolution, urge Mr. Bennet; to forthwith protéed to culminate a treaty with the United States, and with all speed advance to the devel-- opment of the St. Lawrence, both as to power and deep--sea navigation. County Health Units. Dr. Simpson believed that the mothers' allowance arrangement should be extended to include the widow with one child; and charged that there was no act on the statute books of the Pr®since today that was as much abused as the Old Age Pen-- slons Act. Strong endorsation of the county he.lth unit scheme, which The Globe has forecast, as planned by the On-- tario Government for introduction toa this Provirce, was heard from Dr. J. L Simpson, Liberal member for Centre Simecoe. At the present time, said Dr. Simp-- son, the chief duty of a M.O.H. in the ouilying districts is to vyisit the schools, look after the ventilation, and make his usual report. '"Isn't it high time that they should be cbliged to do some real work--for instance, the inoculating of the children with beneficial toxoids--instead of merely. filling out customary forms and then going away?" _ _Dr. Simpson said that the Depart-- ment of Health couldn't be as won-- de~fully efficient as it was cracked up to be, else the Ross Royal Commis-- sion report would have not taken the time it had. Of late, said he, there had been rumors O6f State medicine and health insurance. "Just let me warn the department here," he said. "that if Ontario is to have some form of State medicine or health insurance, let us have the best possible." Disputing Premier Henry's con-- tention that the verdict in the West Hamilton by--election was "a won-- derful vindication" of the record of the present administration, -- Dr. Simpson claimed that the fact that the Liberal candidate was not a resi-- dent of Hamilton had more than anything else militated against his chances of victory. _ "I fully believe that the Province is ready for a policy of this kind," he de-- clared.