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March \ § ROEblle RGVC l C d.t. woeeinresetsirniedinnenseecenietintincentennm o ingmmtemmeres mmmmcmmecmncrenfy mwm I ® # * + » Se f E Relates in Detail Story of Contract With ' quence of Events Gatineau and Clai That P d Leading to Gati | alims a ropose | i * } g to Gatineau}| _ Transaction Never Was Before Commis-- ~Chronoogical sequence of mares |__ Sion Until Few Days Before Its A 1 Chronological sequence of Mydro's | ew Days O wearied Odyssey from Beck to Gati-- l Y erore S pprova neaurdwas a thread in the speech | * : & vesterday of Hon, Arthur W,. Roe-- Fuck i the Legiiature, 'FERGUSON, GABY AND MAGRATH The sequence: ® & 3 ARE SCATHINGLY MENTIONED Aug. 1%----Death of Sir Adam Beck. ' Sept. 12--Charles A. Magrath and (See also Page 2 C. Alfred Maguire join Hydro. INE--Y age 2.) f Oct. 23--G. Gordon Gale wires | --YEAR--OLD secret contracts of the Gatineau power Magrath respecting conversation of agr r s o 1wo auys previousiy. g ee?ments were uncovered yesterday, while the be-- .\;ov. 30----J. W. McConnell, Mont-- ginning of an attempt to end their hold over Hydro real, writes he had tolid Graustein ; wl & h that Magrath was ready to discuss loomed in the Ontario Legislature. terms of purchasing power. Five secret clauses, Hon. Arthur Roebuck told the House, j * 1926. . were appendcd in 1926 to the Gatineau napers and accepted p|:':'-w~;'-"~'r':':::'ed 9po-; e;'_\":r"e';'::; by the Hydro Commission and Government of that day. by Hydro engineers. They were read yesterday by the Attorney--General. March 24--Legislature in Quebec "Observe if you will," he suggested, "the most outright proposes act to halt export of power. | betrayal of the power--users of this Province." March 20--Private wire itoin The Attorney--General's disclosur the Cabinet' Magrath to Graustein indicating | Cre sciosures, e abinet' s willingness to deal, subject to price | Obstinate silence, and the phrases with which Mr. Roebuck and terms. \ has flayed the $300,000,000 contracts in 1 April 1--Graustcin offer accepted. | conclusison f point to a single May %--First mention in minutes | o * * of Commission, f | "Gift," He Charges. ©/ _ _"This is where real financing is to May 4----Magrath forwards agree= | vesterday he raked the genesis of be seen," he commented sarcastically. ment to Ferguson recommending tW0 | (Gazineay and the splendor of the gift "The purchase price by Gatineau was Orders--in--Council, one for MAID |=which" he charged. "Magrath Ma-- _ $41,776,818. agreement and one for SUPPIE@MED-- | puire and Gaby presented to the 'We're paying the price." The At-- tary agreements, ea py | financiers of St. James Street"--or _ torney--General was angry. "The '-'la.".l"f'-'\fi"i:m'"b approved b3 | ns preceding day he had declared POWer--users are expected to pay it." Order--in--Council, that its effect was placing Hydro in "Pizzaro's . Spanish . freebooters y financial crisis. It is held that the found nothing so fabulous as this in Government, after this unprecedented the temples of the Incas." barrage. can only move to breach the Liberals pounded their desks in ap-- centracts. proval. _ | Unobtrusively the Attorney--General "To put it in another way: the has questioned their strength in the English buccaneers who singed the | course of his two--day and still un-- [bsard of the Spanish King never firished speech. | brought home a prize which equalled "An agreement which was thought | the splendor of the gift which to be binding and inviolable'--"if it | Magrath, Maguire and Gaby pre--| is binding at all during its torm." | sented to the financiers of St. James Such phrases have been used by Mr. { Street." RC'('b:CKh d ad t wel Problem of Niagara-- Then he moved adjournment at well | : torney-- st ve--raad hnisl after 6 o'clock last night he was exam-- ' 'I?-'e Astorney--Cieneral re--Tead 1| ining the legal terminology of the thesis. ' Catlnekt A i marg" _ gY th? | «The problems of the Niagara Sys-- alineau agreement, |tem arise," he said, "entirely out of Drama of Denunciation. ;t.he purchase by a politically minded For six hours the Attorney--General |S':§t';';~'5;g';e';f large blocks of un--| , has spoken to a well--filled House and o 4 * Eie s to crowded galleries. The Opposition ! Sir Adam Beck died in Auaust of | interrupts only occasionally. Mr. Roe-- | 1925," the Attorney--General recalled. buck offers them little bait in the 'uft?)e iga?{n:;'" 1%';?,}}35%3'?{'?_ e;é?fef shape of unsupported statements--pre-- _ » * Pyi 2 fasl facing and appending a mass of figures Mr. Roebgck lx:mlntaiged ".;'-i hbefzn | and records. For the drama of cross-- {e"e;s:td y t ;' gm:r ast, d" To wasl fire yvesterday was substituted a drama _ * rayal of Hydro and an out-- of denunciation. rage upon the Province of Ontario." | The genesis of Gatineau and the Sir Adam--and the Attorney--Gen--| 4 3 ho eral quoted the records--had favorec genesis of the Gatineau agreement he ti ( ste Tants Lo be roused the Attorney--General's ire. t cotenétruc .1onl;) CC axfn p?{"as ns The development had risen on a site . OPCI® oi ooo 0 Pn acfacicas s | valued during war days in the thous-- until the growth of the Commiussion's| | ands. The Canadian Pacific Railway | had been indirectly intorested in one | sector which it acquired for $400,000. | "When Graustein of the Inter-- ' national Paper Company actually came to make his bargain he found R Mr. Beatty standing 'pat, as the pur-- chase price was actually $4,000,000." "The next turn of the wheel," con-- tinued Mr. Rocbuck, "is the sale of the three properties of Mr. Graustein -- (A. R. Graustein). as President of the International Paper Company, to Mr. Graustein as President of the Gati-- neau Power ¢ompany."