HC Deb 21 April 1936 vol 311 cc7-8
6. Sir CYRIL COBB

asked the Secretary of State for Dominion Affairs whether he will, in view of the position of United Kingdom holders of the province of Alberta obligations, ascertain from the Canadian Dominion authorities the circumstances in which the burden of debt complained of was incurred by the Alberta Government; and whether the province invited the loans of which the proceeds have been expended by the borrowers upon public purposes?

The SECRETARY of STATE for DOMINION AFFAIRS (Mr. Malcolm MacDonald)

I assume that my hon. Friend refers to the debt which matured on 1st April last. The published records show that $3,200,000 of 6 per cent. Alberta Government Bonds were issued as from 1st April, 1921, of which $2,200,000 were for the Government telephone system, and $1,000,000 for general Government purposes. Tenders were asked for in the usual way.

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