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INCOME TAX CLAUSE FAILS OF APPROVAL IN HOUSE COMMITTEE Finlayson Urges General Revision of Assess-- ment Act There will bb no goncral income tax of 35 mills provided as an amend-- ment to the Assessment Act this year. In the Logislature last evening this clause was thrown out, while the Committee of the Whole was consid-- ering the amendments to the act, with W. A. Baird (Conservative, To-- ronto High Park) moving that it be stricken out. f e SINCLAIR IN AGREEMENT Hon. William Finlayson, Minister of Lands and Forests, speaking for the Government, neither approved nor condsmned the clause, but pointed out that Toronto and other citiee had been complaining about wealthy citi-- zens moving out into other munici-- palities where there was a lesser rate or where no income tax was levied. This was permissive legislation, and did not compel municipalities to levy the tax, but those that did would have a uniform one. To Cut Out Overiapping. He suggested tnmat there should be a general revision of the Assessment Act, and that, when this was done, the Fedcral, Provincial aud Municipal authorities should get together to study the whole Y;'Ol)lcm of taxation and cut out overlapping where pos-- sible. Mr. Sinclair agreed that this should be done. Another item approved by the com-- mittee, which is of interest to To-- ronto, is the amendment which would allow gasoline service stations to sell automobile accessories. Mr. Finlayson stated that Toronto had applied for legislation which would empower them to prevent this. The city had been doing it for some time, under an agreement with the service station authoritics, but recently found that it had no power to prohiblt such sale. On Tuesday, the Minister stated, he had received a letter from City So-- licitor Colquhoun, which asked that the clause be withdrawn. As the original suggestion made by the city had not been approved, it was desir-- able that the matter should be left as it was until next year, the letter stated. "Reasonable Compromise." "In addition to that Convroller Mc-- Bride spoke to me about it. But be-- cause of the careful study the com-- mittee gave to the matter, I do not feel able to accede to the request. A fair and reasonable compromise was made, with both the city and the cil com-- panies being represented. I merely mention this so that the Toronto mem-- bers might know of it," said the Min-- Mr. Finlayson replied that those who had some place to go were being help-- ed to get out of the camps, but that those who wished to remain would stay for a time at least, the camps being kept open. Mr. Newman also thought | that the wood which was cut should be sold, and the Minister said that it was possible that some reciprocal ar-- rangement might be entered into whereby a town or city sending men to the camps would buy wood in return. 8. C. Tweed (Liberal, Waterloo North) repeated his suggestion that in direct relief the supplies should be purchased wholesale and not retail, In connection with the Unem,.~;-- ment Relief Bill, William Newman (Liberal, North Victoria), stated that the camps where unemployed men were working for a nominal amount should be kept open in the spring i# men desired to stay there and had no-- where else to go. He paid tribute to the care the men were receiving. PAUL MARTIN ASKED \$15,500 0.P.S. BONDS TO AFFIRM CHARGE STLL HELD MARCA 25 QN ABITIBl DEAL HENRY TELLS HOUSE Windsor Man Quoted as Unable to Give Information Saying Ministers Will on Balance, Premier Be Implicated Explains At the opening of the sitting of the Ontario Legislature yesterday Premier Henry rose to refer to a newspaper item, which quoted Paul Martin of Wiandsor as saying in an address in Hamilton that the whole truth about the Abitibi deal was not out yet, and that before the end of the week other Ministers would be implicated. INTRODUCED BY HENRY The Premier stated he had request=-- ed the Attorney--General to tclegraph Mr, Martin, asking him to suhstantiate this charge, and one that "there had been a bit of dishonesty," and to place any information he had before the Legislature before it adjournced. A telegram back was requested from Mr. Martin. Nixon Protests Clause, Hon. Harry C. Nixon, Progressive Leader, took exception to a clause raising of money on the credit of the Consolidated Revenue Fund. Premier Henry explained that $30,000,000 was being provided for this year, as com-- pared with $40,000,000 other years, on account of the economies which have been effected. in the omnibus bill, amending the Election Act, which provided that the time between the issuing of election writs to the date of the election should be reduced from 41 to 32 days. "I wish to make a strong protest against this, It is very unfair to the Opposition. We do not know winen an election may be sprung, and in a Province the size of Ontario, it takes some time to campaign from one end of it to the other; and the Govern-- ment could have its organization all ready," he pointed out. was altered, so that any one leaving the service within ten years might receive back the money paid into the superannuation fund, plus interest at 3 per cent. In the original bill, no provision was made for the paying of Hon. W. H. Price repliecd that the matter had been gone into very care-- fully, and it was felt that the shorten-- ing of the period would not only save the Province money, but would also save considerably those who had to carry on the campaigns. "I think all members of this House would prefer the 32--day period to that of 41," he said. This bill, as well as the one amending the Voters' Lists Act, was given second reading. Third Readings Given. Some fifteen bills, all of a minor character, were given their third and final reading, while a score were given m&l in the Committee of the . Among these latter was the amendment to the Civil Service Act, and the bill as originally introduced Other bills to be endorsed by the committee included the amendment to the Wolf{ Bounty Act, cutting down the bounty on wolf pelts from $25 to $15; the Unemployment Relief Act; and the amendments to the Assess-- ment, Municipal and Local Improve-- ment Acts; as was the act for the Avri\ | 3 ISSUE MAINLY "BEARER" There are $15,500 worth of Ontario Power Service Corporation registered bonds which the holders had not ex-- changed on March 25 for Hydro secur-- ities, Premier Henry told the Ontario Legislature yesterday in answer to the question of Hon. Harry C. Nixon, seeking information on the 3 per cent. of the issue of the $20,000,000 issue not included in the list previously tabled in the House. The Government could give no information on the bal-- ance of the approximate $60,000 amount, as this balance was made up of bearer bonds not turned in for ex-- change with the Montreal Trust Com-- pany, Premier HMHenry said. 7 There is, however, according to Mr. Henry's previous admission in the Legislature, $25,000 held by himself and $3,000 held by Right Hon. Arthur Meighen, which must be included in this balance. This would leave ap-- proximately $22,000 not yet accounted for, according to the Premier. Registered bondholders who had not exchanged the bonds on March 25, were: Robert, John and Mrs. Eliza-- beth Baldock, Vancouver, $1,000; Miss H. T. Smith, Toronto. $2,000; John W. Jowett, Bayfield, $4,000; J. R. Bates, Shelburne, $1,000; Mrs. Caroline Cooke, Bolton, $1,000; David S. Cooke, Bolton, $2,000; Miss Mary Cooke, Bol-- ton, $2,500; W. B. Copeland, Toronto, $1,000; W. B. Donkin and Mrs. C. F. Donkin, Brantford, $1,000, or a total of $15,500. "Of the total issue of $20,000,000 of bonds of the Ontario Power Service Corporation, Limited, $1,687,000 were registered bonds, registered under the provisions of the trust deed, and the balance, of $18,313,000, were bearer bonds," the Premier stated. Attached to his statement was & letter and list furnished by the trust company, giving the names of the holders of registered bonds who have not yet turned in their bonds for ex-- change, and their respective addresses, and the amounts held. "Neither the Government nor the Hydro--Electric Power Commission, nor the Mcntreal Trust Company, has any further information regarding bonds not yet turned in for exchange; and as, apart from the registered bonds above mentioned, the bonds are bearer bonds, no information can be secured regarding the ownership thereof, nor the dates upon which the same were purchased by the owners thereof. As and when these bearer bonds are ex-- ochanged for Hydro bonds by the hold-- ers thereof, or through the Montreal Trust Company, the information can be given to the public,' the Premier read from the letter.