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& Marr_"'n 25 ] ; [:%_____,*___m_wm--fi-------------------------------------------*--w" * Critics Are Talking N rIt1Cs g Nonsense, Is Cooke's Rejoind Hydro J eron AHydro Hettansmenttces icsancensccs caemnceccvs @ m n en mm en e e e e e mm mm n emmnmatie mm e mm en mm mm mm mm m mmummmes ! M + ooo mm omm mm mm cesmm mm mm oo nmmemnmenne ce mmeemerm maeeeo ns mm e o e meer e e omm mznns | gays Sir Adam Himself | [f--------------~----------------------m--mussmmecteoooomammtcon) | Planned to Purchase The Progress of Hydro ' Power From Quebsc -- | onpornenneminn cmnecmmcnin I1, Budget Debate Ends | Ho.n.'John Robert Cooke, Acting Chairman of the Hydro Power ||| Wi th ('ovcrnmcn t ViC- Commission for Ontario, speaking in the Legislature yesterday, gave * s a the following comparative statement on the expansion of Hydro | tory--Sinclair Calls for ' since 1922: § National T ax Con-- || ro it > 1 2o d -- | Poak load, HP. ....... feg 129,348 1,268,560 ferencc | -- Number of municipalities served 239 685 || _ Number of consumers served 303,090 390,000 ||| ienss meaonirmr esns .l Roserves (Hydro; f «+ +.... .$ 5,591,397.34 $55,000,000.00 || 6 Resorves (Municipal) +. . $18,534,880.17 $50,000,000.00 | % 5 % t ,d34,880. ,000,000. | PREMIER SPEAKS, !i Transmission lines (including rural) 3,579.78 13,157.51 ||| *3 r || _ Capital invested (Hydro) $163,964,840.05 $262,350,000.00 ||| BUT ONLY BRIEF L¥ !g Capital invested. (Municipal) ..........$55,274,702.64 $98,200,000.00 | en inrnnimmimnnda omm |! _ Miles of rural lines . ++ 507.21 7,125.89 | | ons ts ... .: .4 3 _ _ Emphatic claim that the policy and i1 gon;':;mrs:liqd ; h xil A20T $7.816 ;g:gg ! Dl'inciple of Sir Adam Beck still live-- 'I I«Iydl-o reserves lnvested ln box]ds____ s f & o | that the recent McQuibban charges || Investment of Commission's reserves in securities $33,309.058.01 |that the great public--owned power ||| Sinking fund paid to Provincial Government 10.675,033.88 | enterpriss of the Province was rapidly ||| Amount of reserves used to rstire bonds of the | going to the public--ownership "bow-- li Ontario Powor Compary and Toronto Power | wows" had been made by one with as || Company a a% 6.049,643.16 little intimate knowledge of his sub-- ' § rymiaatat | Ject as one might expect from a babs || Tot ES ns on the street--and that Liberal Leader :l Olal j :+ $50,533,735.05 Binclair's love for Hyoro, YEEATOIESE | [L----------:s--mmmmrremmmeneneemeetemans coeemapenen ce on cce e o ies enc nc in ie ied Te o raieaaicaniinicmniana ons onnrmmeecom commncmemnll of how broad that might be, was not ' '}Jl"'--'":';"fi--i':-::_--:,-----------------------------__h__'_-- as great as his love for his own po-- | Mraction o 1SKS. "Many of the assets are un--| litical party, was all packed into a || "I might point out to the House in lxc;(l)xrz(;hle I;I:na"vn; price, but it looks | hefty punch which Hon. John Robert| this connection," said Mr. Cooke, good as an introduction to public ac--| Cooke loosed in the Legislature, yes--| "that if no risks had been taken the Toun;s: 'The biggest assets of the| terday, on behalf of the record of the | cliffs of Dover would gtill mark the province are the 3,000,000 who will | Ontario Hydro Commission, of which' outer boundarics of the British Em-- have to pay the debts." * he is Acting Chairman, and in the in-- | pire. If the Hydro had not taken & ° pesiing 'with the Provincial debt.| terests of the policies which that Com-- |. risk in purchasing the Ontario Power the Liberal Leader showed that it had | mission espouses. |, Company, the Elcptric Development iv.é'reased by $40,000,000 in three years: Government Wins Vote. g('(gmi)am'-t?;"d él.?i(:) ;);':'gt g&te]sol:!'ggg{ | during the operation of the tdebtxg- | is xI c mt 00 into the Ci 4 f ' ) tirement plan. The Conservative -\ Ne Ob e Ditorops Oroument oC [ ine municipatities of this provine: | iayivailee. no went on. in slgnt ;?nty gart, lowevex", of the defense h# | would not be in the fortunate position | years had produced five deficits and| | n ein s to lay down, fO!'n'? will S9Pe@k | in which they find themselves today." i three surpluses. There had been a! iagan on t.h(" Hydro e's.'mals.s \.\lt?'} Mr. Sinclair preceded Mr. Cooke | tOt-'lf deficit of $27,000,000 over all. | 'respe_ct to the Bealfhamois coxrxtmc:; in the debate wind--up with a general | o twitted the Government on the re-- | 'and' in regard to export of off--peak | qdenunciation of the Government's | joicing that had heralded the sur-- | power----came at the wind--up of th¢ | financial policy and some eXtT2 ) pius announcements and the declara--| Budget debate, and a House division "cracks" at Hydro thrown in for good || tions that the era of deficits had | in which, by a registered vote of 81--18, measure. He also called for a taxation || pfircs'cd with healthy financing. | the legislators rejected the Tweed survey. Hon. Harry C. Nixon, Progres-- | Shadased 3 ' want--of--confidence amendment, and | sive Leader, supported, along with his || Too Much Spending. | | carried, on the same division, the main | following, the Tweed amendment. Fol-- |i Expenditures, he repeated, were the | | Budget motion, which now puts the | lowing Mr. Cooke, the Prime Minister || cause of the deficit, and in spite of | | House in Committee of Supply for | came on long enough to maintain that || some $4,500,000 expected new revenue | | consideration of the estimates. f the Opposition speakers had done '1 a $2,670,000 deficit was predicted for | | _ The Tweed motion aimed at having | nothing more than "thresh & lot Of || next year. He criticized the Govern--| |\ the House regret the Government's old straw." | ment's policy of taking reserves from | i{a:_liure to relieve the people of On--! Mr. Sinclair, in opening his ad-- || the Hydro and Timiskamlng&North*l AaArio {romtiunnebedbsfiry and burdex':: dress, noled that the increased ex-- '1 ern Ontario Rail"vay in former years| ':omen axa 0'} ';g t 0,31'11"0'1}';9 %fl-' penditure by the Government over 'and its proposal to take $1,800,000 inf ' a;(iaf onfigss\ix;]v.y at might make that | 1929 of $7,778,600 was alone MOrC|| reserves from the Liquor Control rel\:r pvémk%'% "pinch--hitHine"' for than the total expenditures of the :Boa,rd this year. "It must have taken Prem.ier H;nfi came %ome\'.'h;t as 4 Provinces when the presont Provinclal", courage for the Government to in-- surprise, and drew sarcastic gibes| L!CASWCT fitst took his seat in the|| crease the cost of liquor to help its | from the Opposition benches, and the| 1CUS® in 1904. -- He giscounted the|| revenue, for, judging from the last| claim from the Liberal Houss Leader. | Government's stat?ment that the defi--|| etection, few of the patrons of _ the | William E. N. Sinclair, that no reai C|S, WAS Created by the present perlod|| liquor stores fail to vote for the Gov-- rep! |of depression. Its revenue had increased | | » dded ply had been put up to the state-- | ... & 7 o | ernment," he added. m en nrnnmemmeemenmmsmmee s name sproi n ahten bicaennticeud b) 33.363.361. EACVE'n sources Ot n-- || The proposed corporation tax' he l'mmt,s'mn,de last week with respect to come had shown increasos, and five|| continued, would be a burden to busi-- :Hydros "fall--down" by his Whip, Dr. had shown decreases. But there had | ness wou'ld affect the commodities* a](_?'.'('rz? A. McQuibban, Northeast Wel--'boen increases in nineteen channel$|| pcove buy at a time when business| | '""rgfi&"{ s foas c of hva of expenditure, and decreases in only ! needs relief and with the prospectivei ® 'rom practically one end of Hydro's two. ty riousl 'fiold of develcpment to the other did: "The deficit is accounted for," de-- ;gé:crtxlé)lfsgggszale'§lza; ";0%;3' s&poseg' |ine Commission Acting Chairman clared Mr.Sinclair, "by the increased as a last resort," he affirmed |Tange, scoring criticism of rural ex-- expenditures of this Government. It With a deficit of nearly $3,000 oool i:~"n:\xon. u'wmng' members and press was a fortunate year for the Govern-- redicted in spite of these adaitic;nal 'a. lnl-.c; _ to inspect Commission docu-- ment so far as succession duties were {) and with $4,500,000 of thisl ments, to learn, if they doubted him, concerned. 'The increase in succes-- [| (AXC} c ding that the policy of Sir Adam still sion Guties was $4,619,057. And it || °* 8 emniipeiasa m »Blh id o phl 1 ;']'},';'"':."1:'] (,int;l;]ingmz;b rlrsx;lu%ii::]agh ifcqli saved a terrible deficit." | was not very promising for the Trease Hon. G. Howard Ferguson had before "Window--Dressing." | the Legislature some years ago to con-- The statement regarding assets and | demn the Georgian Bay Canal "steal," liabilities was just a "window--dress-- and warmly defending Hydro's policy ing" statement, said Mr. Sinclair. of what the Opposition had termed It showed an excess of assets over lia-- "visking V connection with power-- bilities of $36,476,969, a decrease of| _ . secsuring pilans. $1.393.801 as compared with the year