§ Sir J. HARMOOD-BANNERasked the President of the Board of Trade whether he will consider, as a means to allay the present industrial unrest and to restore stability to trading conditions, the advisability of introducing legislation on the
70Wthe costs of administration, where, as in this case, the creditors appoint their own trustees and committee of inspection, it is for them to determine the general course of administration. The control of the Board of Trade is practically confined to satisfying themselves at the periodical audits (as has been done) that the expenditure is in accordance with the requirements of the Bankruptcy Act and Rules and is duly vouched. The hon. Member's question will, however, be brought to the notice of the trustees. With regard to the trustees' remuneration in particular, this was fixed by the committee of inspection under authority of the creditors, and is at the rate of 5 per cent. on assets realised and 4 per cent. on dividend. The obstacle in the way of bringing the matter to a close is the difficulty that has been encountered in disposing of the Canadian Railway interests.