§ 79. Sir N. GRATTAN-DOYLEasked the Secretary of State for Dominion Affairs whether he has taken steps with the Canadian Dominion authorities to protect the United Kingdom holders of Alberta and Vancouver loans, in view of the local attempts now to alter the terms 398 upon which investors were originally invited to subscribe to the public issue of these loans?
The UNDER-SECRETARY of STATE for DOMINION AFFAIRS (Marquess of Hartington)The control of provincial and municipal finance in Canada does not come within the Dominion Government's jurisdiction. My hon. Friend will, therefore, appreciate that representations by His Majesty's Government in the United Kingdom in the direction suggested would serve no useful purpose.