§ The following Questions stood on the Paper in the name of the hon. Member for the Richmond Division:
§ 93 and 96. Mr. BECKERasked the Parliamentary Secretary to the Overseas Trade Department (1) if his attention has been called to the capital of the Newfoundland Power and Paper Company, Limited, which is stated to be 21,000,000 dollars, all of which has been issued; what amount has been issued for cash; what other consideration, if any, has passed to make up the balance of this capital; has any money been paid to promoters or has any provision been made in the new company for such payments; has the Newfoundland portion of the loan been underwritten by responsible persons; who will benefit when the debenture stock is paid off; if this issue is not successfully floated, whether the Government will withdraw their guarantee;
(2) if the issue of 4½ per cent. A mortgage debenture stock of the Newfoundland Power and Paper Company, Limited, received his sanction; can he state what are the past trading results of this company; will he state, as this is a Government guaranteed stock, who are the directors of this company; has any business been conducted since 1915; and, if so, with what results?
§ Mr. BECKERI have been asked to postpone questions 93 and 96 until to-morrow. While doing so, would I be in order in asking if the failure of the issue of this company has anything to do with the fall of the administration of Sir Richard Squires in Newfoundland?
§ Mr. SPEAKERI would prefer to see that question on the Paper.