iberal

espnsii

For Forced Bond Issue

Chargei By The

Record Of Conservative Govern-

ment Vigorously Defended In, _

Speech By Premier MacMillan At Kings County Conser- vative Asso_ci_ation Meeting.

“If the Lea Government, i931 when the bond market their overdraft at the Bank

during the spring months of was favorable, had reduced

, which they were in duty

hound to do, we would not have been faced with the diffi- riiity of negotiating their bonds at the very worst period in the history oi’ the bond market. They put us into that hole, and we had to get out of it. Now they want to should-

fl‘ the whole responsibility 0 io do it. They did not issue

n us; but they are not going bonds when the bond market

iiiis izzvoiaililt- because they c,,'l not wilnt to draw the at-

trntion of ille people to the lll such a mess.”

Stiiiiitiing up, in the words above qii tqzl, the Liberal iespcrlsibllity t: the million dollar bond issue r-urh the Ccnscrvatives were forced lo ninke at a rate cf about six psi-cent shortly alter coming into oflize. Premier, the Hon. W. J. P. iliticMillan, M. D., delivered a chal. longing speech on provincial mat- tcrs at the annual meeting of the Kings County Conservative Asso- vinticn at Georgetown on Wednes- rliiy. iind received enthusiastic ap- plause from the meeting.

Des Gov't. Overdraft

when the Les Government went out of power. the Premier charged, they did not have any great fin- ancial undertakings but they left nn overdraft at the Bank of Mon- tn-til to the staggering amount of $1,300,000. The stewart Government did not have the statutory power to deal with it, but before the Leg- islature opened rnlconwood Hos- plllil and Prince of Wales College ivere destroyed by fire and they were faced with the problem of re- building immediately. The Bank stipulated that if they wanted an extension of credit they must xe- dtlce the overdraft. A bond issue was advised, the Bank suggesting that they and s group forming a. syndicate should handle the issue. Later the Bank submittedanagrce- merit. to be signed. The terms were left in blank in the agreement, and the Government refused to sign. ‘fhcre the negotiations remained liiitii the Government received a rictinite offer from another source, vshzch they accepted. Before doing so, illlll while the offer was pend- llls- lilPy endeavored to make con- iflvi \\‘lil‘l the syndicate and asked (Or n. bid. No answer was received. The Government then accepted the iii-finite bid as the best obtainable. Later. one member of the syndicate mommended by the Bank admit- ted the Government had received “a better price than we could have given.“

Had the lies Government kept tts overdraft within proper limits, no such emergency would have arisen and the Province would not have been forced on the market at a time when rates were so high, the Promisi- declared. The effort to make Liberal capital but of this transaction was simply st-l attempt to fool the people and cover up the baa Government's inexcusable ne- glect of the finances during the lying days cf its administration.

l lteoentlondlsssee

Dflllrlg with recent f‘ ' . me Premier pointed out that dur- ing the past year bonds to the extent of $000,000 were is- sued, and these sales were the most fnvoratlc ever made in the history of the Province. Last sum- mer an issue was sold at 2.97, which was the best terms received in Canada up to that time by either a federal or provincial government. "You don't hear the Liberals talk iibmit that." he added drlly, amid

fact that the finances were

excusable. The important point in this connection with this incident, however. is that the inquiry p; be. lng proceeded with. and the fullest opportunity will he given of hear-- lng evidence from all concerned.

Tribute to Prunicr Bennett

‘fills has been the attitude of the Prhrle Mlnistor, to whose vigorous leadership the speaker referred eloquently. “In my opinion," he said, “it has been a. godsend that there has been at the head of Can- ada in the last four years a man of the ability and common sense that the Rt. Hon. R. B. Bennett has displayed. I agree with Mr. MacDonald that it would have been the greatest misfortune it a man like Mfr. Mackenzie King had been in charge. I think if many of our Liberal friends gave their honest opinion they would say the very same thing. ‘Ihere is this evidence, that no one can doubt with any reason: The league of Nations, which has under purview all the nations of the world and which should be the highest court so far as giving an estimate of the stand- ing-of countries is concerned, has stated that Canada is coming out of this period of depression better. faster and more solidly than any other country in the world." (Ap- plause).

"That is their opinion. It is not s partisan opinion, and it is one which must be accepted as authori- tative. ‘malt being so, then the credit must go to the government of Canada. It must go to the Cabinet; and it must go very largely to the man who is leader of the Cabinet —the Prime Minister." (Applause).

"The Dominion Government,’ continued the Premier, “has been doing the business of this country and doing it well. ‘The; have for- gotten perhaps we mue the polit- ical end. But with the elections not likely ‘to be held before the lat- ter part of next year, there is every hope that the people of Can- ada will rcvoto confidence in the leadership of Mr. Bennett and when the federal contest comes we have good reason to believe that he will be returned to power. The fact that provincial elections have gone against the party is no indies- tion of the real minds of the people. They wanted a change. New they have got a change. They have got it in Nova Bcotia. and we esn see how they like iti They thought this new Liberal government was going to dc wonders. Hhve they done so? Th haven't done nearly as well as government succeeded. 1n r ‘ , do yqu gun their dismissal of thousands of employees is some to got them Hilywhm? Do you think ths giving of 1N6 beer and wine is going to help. when even the ministers cf Mr. Hiipbunvs own church have

loud ilppllillfif’, The Government also has kept nitei- the Bnilk and succeeded in

obtaining two redueticm in intiei'-,

mt i"lllll' 10s (luring the past six months, totalling one htilf per cent. "lid lvpresefltiflg n substantial sav-

lli‘; lo tile taxpayers in bank charg-. VF.

Offlmlnglemsrks

After first expressing his appm-l

fllltfll of the privilege 0.‘ atldreal- l"! the Kings County Conservative evacuation, the Premier referred lteliniily to the loss Sllitllllldd in m9 llassing of the late Pnemier Stewart. and the Hon. Leonard MscNelll. He then reviewed the events leading up to his own ap- mmmflilt as held c! the Govern-

ln the last federal campaign he had had the honour of skills i" “lawn of non. m. ms sld on “V9111 occasions. in Kings County. 3° Was indeed sorry to hesi- that. M? Mwbonald contempt,‘ -' rs- hg“? "Om Public Ilia. amt hoped q, all“ be Mrlaldod to reconsid- - decision. To Mr. MacDonald's ‘may. excailsiics and ability, Ind ‘° ‘he loyal ire-operation and ss- ilst-ance he had given the provin-

llill government the Premier id mlm tribute. ll 011i l‘! stpvlss m“ "l" M" lld dill no hold s ‘rtfollo in the Bslnitllun Cabinet. “Pgilllaik would fill with ' n.

Dmlle-‘ln litmus incident.

I I "Wlltr Mscixllls

“Ii tlii Prl g

1"’ MPH“ silo-Till’ on s re- ifilciion o; “m M mm‘ 3},’- WW mitted the ,.,‘,',‘,""ll=l\- sl Ill! in om- mjgl 1H s es» betas the linguflf‘: its: mill?“ e m‘ W?! Flinn-filling. was ai-

l that will work in the interest of

Premier

HON. W. J. P. MACMILLAN. M. I). Premier of Prince Edward Island

had to denounce him since he be- came Premier? Those are things

the Conservative party before the election.

In Sound

“I believe there is enough com- mon sense in the people of Canada to realize the great work that. has been done in the past four years. We know there has been privation and suffering, but we also know that so far as this Province is con- cerned we are better off than any part of Canada. I know we are coming through it better, that our credit is higher, that our financial standing is sounder, than any other province of Canada." (Ap- plsuse).

“I do not think," he continued amid further applause, "that. the government of which I have the honor to be leader need be asham- ed of cur record for the last three years. I do not care what particu- lar field you take up for discus- sion; I think you will find that the government of the last three years has done as well as could possibly be done. .

Education

"If you take education. look where we stand. Look at the diffi- culties we encountered when we came into office-the destruction of Prince of wales College and Nor- mal School. and the necessity of building an institution that would satisfy the requirements of the present day and that would tn some way provide for the future. This silly criticism that we scrapped the foundation of the old college and lost anywhere from $25,000 to $60,000—thclr estimates are very inconsistent on that poirlt—what does it amount to? Why should we build on the old foundation which was unsuitable and unsound? The old building was foo wide for its length. Why should we erect, as the principal seat of the educational system of this Province, a building that did not correspond to scien- tific methods and health require- ments? We squandered no such sum of money as they claim. They dc not look at the other side of the question. They do not give us credit for raising the institution to the status of a Junior College, which means the savlng'of hull-l dl-eds of dollars annually to parents in college expense... and which en- ables their children to study here in Charlottetown rather than gc abroad for that training which we em new able to give. They do not

through tbe Province st the instru- mentslity of this Government. They do not give any remnltlos to the at government for thy fact last the Minister of llducsticn was the msn who inside sll this possible with the co-opsration cf. the Oil'- negie Corporation." (Applause).

women-flu Achievement

The Premier instllncsd the bene- fits thus secruing. in the Carnegie grant of $76,000 for the establish- ment of s chair of Economics and Sociology st Prince of Wales Coi- lege and 6t. Dunstams University, and in the grant of 080,000 for lib- rery demonst atiuii for the first yesr, supplemented for s; period of two or three years;

"Any person." he added amid further applause, "who is in s pc- sition to know will tell you that thew: has been more advance in education in this Province in the last two or three years than there was in the preceding fifty years."

Fllcvnwood Rebuilding

The Premier also referred to the rebuilding of the East Wing of Falconwcod Hospital. where the women patients are provided for. The old Infirmary. built 2'! years ago, had been thoroughly recondit- ioned and the male patients have been removed to- this institution from the Sims building. where they were accommodated since the fire. }'I'he old Prince Edward Island hos- lpltfll was also taken over at a ren- .tnl of $1500 annually. and the in- ‘flrmary inmates are now housed comfortably there, having been re- llTi0V8d from the Caledonia Club rooms, which were most unsuitable.

Big Saving Effected

Proper store-house accommoda- tion has been built st Falconwood and a competent man placed in Chime. Everything that is purchas- ed there ls put under lock and key. "We have looked after that des- perate leak that has always exist- ‘ed at llalconwood. and for the past two or three years we have been able to reduce the expenses at those institutions, which formerly rang- ed fmm $105,000 to $125,000, down to $00.000—a saving of 040.000. And we are going to make further sav- ings, because under the old system our coal bill was about $25,000 and under our present system we will be able to sive from $5,000 to $10,- 000 a year in our coal bill alone.

"We have also placed a properly qualified superintendent in charge of the institution, s native; of this Province. a man who graduated from Dalhousie and subsequently Slltirlillized in this work. He will do something towards the proper scientific treatment of our insane people who are a first charge on the Government of‘ this Province."

Old Ate Pensions

The Premier then discussed Old Age Pensions legislation, which the Lea Government-had promised but failed to implement. and which the Conservatives. in accord with their platform, had out into effect. "If we had not adopted this system we would have to pay a great deal more than we are now paying in in- direct relief at the present time. If we expend $30000 from the provincial revenue and are able to bring in M20000 from Ottawa on account of an expenditure of that sum, I think you will acknowledge that it is good business. And it dispenses that amount of money among the poor cf the Province. which is something worth while indeed. (Ap- plause).

Subsidy Gslms Prvsed,

"Both particfi." continued the Premier. “have talked about our claims at Ottawa, but this Govern- ment has succeeded in getting some action." He charged the Saunders- Les administration with having felled to make any serious effect in this connection, despite the fact that the Duncan Commission re- commendations were mlde to the Mackenzie King Government foul- years befom that government went out cf office. v"What attempt did they ever make to have the Dlin- can report fully implemented"? l-le

recognise this great library move- ment that has been developed

Queen's Bounty

asked. “I will tell you. out of the

a Gonservaiive Association

j .

Election of o

Ind by Hon. Dr. W. J. P.

J. J. MCDONALD i Vice-President

‘

Q

_ The annual meeting of the Queen's Count servative Association will be held in theStrand T eatre, I Charlottetown’?! on Tuesday. Nov. 20th at 1 o’clock P. M.

icers for ensuing year and other matter‘ of general business will be transacted.

Immediately following the annual meeting a Con- vention to nominate two candidates to contest Queclvs County at the next Federal election will be held. Each pollin division will be entitled to send five delegates to vote s this Convention and a full rqprggcntgtiqn is m. quested. The -m_ee tins will be addressed by th e present Federal members Messrs. McLure and Myers

McMillan. Premier, and others.

A Annual Meeting and Convention

Con-

R. R- BELU Secretary

. (Laughtc i. That is what happened

' ftirther with the object of comillel‘

_ CHARDOTTETOWN GUARDIAN

mouth cf the Prime Minister of Osnsds st that time. when asked ontbafloorofthe HouseofOom- MM why than was never any sf-_ fort made t9 fully implement the Duncan Commission findings, Mia. Mackenzie King replied that there had never been any demand for itl

under the Liberals.

, "During our first years the late Premier Stewart was very insistent that we get a final decision. Our difficulty in our first two years of office was to get Nova Scottie. snd New Brunswick to agree with us. They ssid the time was not op- portune; the depression was too heavy and we could not hope to ob- tain a fworable settlement. But we appeared before the Dominion Cab- inet this i. ‘ summe and pre- sented cur cla s, individually sud also with reg to the Maritime Provinces ss a whole. The Premier of Nova Bcotis represented his pro- vince. New Brunswick was repre- sented by Premier Tilley and his Attorney General. They presented their case well, but I may say there was no case better presented to the Cabinet than the case for Prince Edward Island, which was presented by our own Attorney General, the Hon. Frank MacPhee." (Applause.

Ottawa Takes Action

The Premier iiien dealt with the result cf the claims presentation in the appointment of a Royal Com mission, consisting of one member appointed by the Maritimes, one by the Federal Government, thes“ members to make their owrl choice of a third. It was a matter of great satisfaction to him the‘ he was able to convince the representatives of Nova Scctia and New Brunswick that the man who could best serve the interests of the Maritime Pro- vinces. was the Hon. John A. Math- iestm, Chief Justice of Prince Ed- ward lsland. (Applause).

Referring to the appointment oi Sir Thomas White as chairman of the Commission, the Premier said: “We in Prince Edward Island have

Thomas White than to any other man in Canada, with the possible exception of Sir. Robert Borden, When our present went to Ottawa in i912, asking for

an increase in subsidy, sir Thomas: White, then Finance Minister, gave

this Province an increase of $100,-

000. That has some to us annually

for the last twenty-two years; snd

if it had not been for that, our. public debt would be much greater, today. Bo that we regard it as ex- tremely fortunate that Sir Thomas White is chairman of this import- ant Commission. and that he has associated with him the Chief Just- ice of this Province."

Continuing, the Premier recalled that sir Thomas White while in office, had advised that Canadian bonds should not be made payable in the United States. This advice was ignored when the King Gov- eminent, came into power, with the result that bonds were purchased largely in the States, the interest charges made payable in that coun- try, and a great additional burden placed on the taxpayers of Canada. The White Commission, he point- ed out, will make its report liefore the end of the next parliamentary session. and there is every reason to anticipate a satisfactory adjust- ment ol’ our subsidy claims as a result. "This Ls a matter," he add- ed, "which we have always regard- ed as most important. and I am glad that the Government of this Province. ably supported by Hon. Mr. MacDonald, Mr. Myers and MdLure, have been instrumental in

= getting this much progress made,

that the Commission is now func- tlonirlg.

Permanent Road Wcrll

Commanding the wci-k of his colleague. Hon. G. Shelton Sharp. Minister of Public Works, the Pre- mier reviewed the extensive road- making policy inaugurated during the past summer. The undertakings this year include about three miles of asphalt road at. Buuthport. one mile st Hampton, one mile st fow- er Malpeque, one mile at Souris, as well as about eight miles of asphalt on the main Borden-Charlottetown highway in addition to two miles of concrete highway st Borden. The Fnderal Government paid entirely for the concrete work the sum of $50,000. They are contributing largely to the asphalt highway and to the secondary roads and next year this policy will be pursued

ing a permanent highway between Borden and the Provincial capital its scan as possible.

Gasoline Price Reduction

Another mutter ill which till’- (‘iovernlnent successfully engaged was in obtaining a reduction iii the cost qt gasoline throughout the province. Neva Scotti: did tun, but thgy did it. by a special statute establlshlrill a monopoly. which was a bad thins. New Brunswick W55 able to do it by a tax m whlth gave them special powers to nego- tiate. The Government of this Pm- vince had no statutory power and was handicap d in negotiating to that, extent. everthelesa. they suc- ceeded in bringing the representa- tives of the principal oil compsni together and in convincing them of the need of a reduction. These re- presentativcs but colllllllllilfl in the Government and accepted their suggestion, with the result that the price at gasoline has been reduced by one and one-half cent per gal- lon. This means s saving of 040.000 a year to the users of gasoline in the province. "If we have been able to get that by negotiating when we really did not have any power be- hind lll. I think it is somethlni for which we tally justly clsim s measure of credit." (Applause).

llsriletins l-esiil ilen

Blinking a! the Natural Products market Act. the premier believ- Oti that t e rrisulilfl- liven s mall." chance. would he of much bansllt are such p uets as seed pots-

"t? "- ll hot! by stricter adherence to Mlity which the is laying dawn fey ce

"ill. fill-fish

mason to be more thankful to Bir|

Chief Justice i

the electors.

We lake great pleasure

illg that a repreaentati

store on Monday and T

i

Winter Season.

L

Quebec and Ontario that our pro- duecrs will be able to get. the high- est possible price and that it will also he possible to eliminate unfair practices and destructive competit- ion betwsen the different selling agencies in this Province. "I think we will be able to say that that will no; happen again, even if there is any suspicion o! its happening in the past."