Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 21, 1931, Winnipeg, Manitoba Manitoba free july 1931 i con tinned Syndicate for the Sale of Sterling even if he had not been a Canadian not until contracts were made with the Ontario hydroelectric Power commission and the Mon Treal heat and Power com Pany did these Par interests have any prior to the thing was a want a interjected minister of it was a a compilation of the profits made Fey senator Mcdougald out of his connection with eau Arnols established that from a total expenditure of the senator Goth 000 and class a shares in the witness insisted that Jils Beauharnois investment totalled made up of for 800 Par interests subsequently converted into Par interests in Beauharnois and a later Purchase of at she says it i am thin her friends say she is Skinny How one very thin woman gained 10 pounds in 22 if she Only knew that she could put on at least 5 pounds of healthy flesh in 30 Days she be worrying1 about her peaked hollow Chest and rundown All of these conditions Rob you of attractiveness and make you look but Vorst of these my actually be the symptoms simple anaemia that dread ailment so often suffered by All Over America and even in foreign countries every progressive druggist knows that there is nothing better than Mccoy cod liver extract tablets to put on firm round out face and figure and create red Mccoy contains the same kind of essential elements doctors say you must have to attain proper strength and woman gained ten pounds in Twenty two 60 Tablet 50 any druggist for Mccoy cod liver extract Tab lets and if you dont gain at least 5 pounds in 30 Days your Money be a he denied to White that the which he had advanced to Henry in order that the latter should investigate the Power possibilities of the Soulanges Section of the Lawrence should be included As an investment in out of this the Ster or company received in connection with this the senator informed the committee As it eventually worked he got for those Sterling shares of which half went to this afternoons proceedings a number of Bankers and banking officials presenting headed by sir John president of the Canadian Bank of they gave evidence concerning the Fin Ancial affairs of John who appeared before the committee last Ald had testified that r o president of Beaumar Given him in Vic tory Bonds in 1929 payment for advice Ald had tendered him in connection with the hydroelectric commissions in conflict with this evidence was a statement by m Sweezey that those Victory Bonds were delivered to Aird As a contribution to the Ontario conservative sir John Ards evidence was Bank president merely stating that his son had spoken of his associations with subsequent to the receipt of the giving him the de the Bank officials traced the record of Ards fun Uncial trans first witness Canadian press july president of the Bank of com was the first witness before the House of commons investigating the Beauharnois Power protect when it resumed its hearing this the Large railway committee room in the parliament building was called to Tell the committee what he knew of the relations of his son John with the Beauharnois sir John promptly Durance that he knew Little about the matter until a Lew weeks at the time his son had entered in to a transaction wifi Sweezey a resident of the sir John he had been in China or Japan alter returning to Canada his son had mentioned he had made some Money out of but a that time no details were the Beauharnois opened his son had come to him and stated he probably would be called before the is a father sir John pro i said i hoped his skirt were clean and that he had nothing to i told him to come be fore the committee and make a Ful concealing sir John then asked if he Coul make a statement to the committee Bank of which i am he has been dragged into thl Case for what reason i do not know the Bank made advances to this com Pany after Legal opinion and on the strength of the i due the Bank was but i received no indirect or direct bonuses Dies competent auditor or Soma other the evidence before the com Mittee seems to be very As to what happened to the commented tha chair there was a stir throughout the Ommittee room when senator if Dougald was called to the Lis of asked for permission to sex senator Mcdougald senator a in making an appearance Here is in a different category from the other charges were made against him by speaking in the of under those circumstances i would like the oppor Unity of taking him Over his own then White Ronld take him Gordon parties who Lave Given evidence Here and were presented by they did not Fig ire in gardeners i would think would agree to my i think we can get along with Robert who had the Long record of service i 32 years with the City of Winnipeg j a and whose death occurred he was 75 years f age and resided at 774 Pacific after i was on replied senator Henry told me he would need a charter and i told him to go i heard nothing More from him until i Wai on the then retold me charter had been i did not know he had the charter or had made an application when i went on the believed a great damage has been to heavy commitments lad been made by the Beauharnois sir John would recommend that the air be cleared As quickly As at the earliest so the project May 3 although he was not speaking for All the sir John believed he was echoing their in reply to Peter counsel for the sir John said credit was being injured by the fact the Public will not take up the second Issue o Beauharnois with this Inq Ulaj going the Public will not know what is going to i do not be Lieve the company will be Able to buy machinery and continue the project while that is going project will Stop sir John said he did not know Sweezey he was speaking Only As if the company is not Able to get the project will come to a several thousands of were with the families and to sir John repeated is could not remember his son telling him he had secured some Money from i believe he would Tell and if he says he i believe he that concluded sir Johns commenting on the number of Banks who had been summoned before the Wesley a chairman of the said they had been brought to Ottawa for the purpose of finding out where the toned by John the committee said senator Mcdougald then proceeded with his he was in answer to the summons of the before giving Evi Dence he would like to make a Short expressing his regret that he had be enforced into a position of apparent disrespect to the com Mittee and the House of he had had it on he con that he was going to be questioned on matters in connection with which he had no cleared up now that situation was cleared it was now his duty a chairman of the Beauharnois com Pany and in the interests of the shareholders that he was present to give As i gather from your said something has happened Between your previous refusal to attend and today to change your attitude replied the he had understood that he was to have been questioned in regard to some thing in the evidence about which he was but the fact pursued when tit charter was granted and the application you were on the that is but i did not know it at the and you also chairman of the Montreal Harbor asked the that is replied As soon As he knew a charter had been granted the Sterling said senator he had asked senator Andrew his solicit if he should resign from the advisory several men interested in Power development companies were members of the senator Haydon was quoted As and he could see no Why senator Mcdougald should but those men were not interested in the Soulanges area of the Lawrence asted he had knowledge of said senator one of the Board members was a director of the Shawinigan which had Power development in Nelga to the financial return netted by senator Mcdougald from the Sterling White asked if he received part interests in the first a Beauharnois Syndicate after the Sale of the Sterling company to on half of this Purchase Price went to said tha senator Mcdougald advanced a total of for Beauharnois he Saldi this was for company which paid for 800 in the first news in today advertise rats item the co Waw distributor u wanted Tot Manitoba for specs Ltd correcting hot weather gasoline lady motoring to Calgary August 1st can accommodate two ladies or couple to share sex six room Home on Bevertt Cloae to u for three year Shetland thoroughly broken to is for Sale humane society Are taking care of Fox terrier recently found on advertiser will pay Cash for cheap Small mixed farm with lands business Man and son desire Board and room in private Home near High and room and in the second Beau Harnois Power on there stood in the name of an Ottawa lawyer part interests in Beau actually Ator w senator when this original Advance was Ade by the proceeded inn it was agreed other credit made was agreed other credit be Given the Beauharnois com any but naturally the Bank now hesitates to make further in View of what has been brought out speaking a a sir John said for a picnic picnic trains leave 9 every Day sunday Only c 20 daily wow these trains operate to Gimli for a dance in the Cool spacious air of the Pavilion 2i hours of dance to baldwins Winnipeg Beach or Chestra Only 70 minutes on the he was going Down Hill fast states Murphy Ive gained ten pounds taking Sarson and feel like a new declared Arthur owner Murphys taxi 1w Ade Laide what started me on the Donn Grade was a bad Case of stomach daily and Canadian Pacific i quite said Ian Mac Kenzie Vancouver but if the committee wants to make an Independent audit of All these things it Means the committee will be Here for another three or four manager of the Dis count department of the Royal Bank of was shown a let Ter written to july respecting an enumeration of the Bonds held by the Bank to aids he was asked by White if he had examined the records prior to signing the Lennon replied in the and was instructed to do so answering questions in his exam he said that Hydro electric Power commission of on Tario Bonds had been deposited with the Bank by Aird for the Cham Plain construction company on March some of these were for Aird personally and others for the on june 15 last there were deposited province or Saskatchewan and province of Alberta while on july 14 Deposit was made of do minion of Canada air loan Ordinary this was an Ordinary banking Lennon told or the first in a Hypoth cation by or the Bonds deposited on july 1 were placed against Loans advanced to Aird by the he Hac no other Bonds on Deposit except those the first transaction was on would not like to say anything about Campaign funds because i dont mow anything about he it now As his duty As a senator to place himself at the committees was it not your duty equally be fore Starr made his statement asked the senator replied that what deterred him Wao the position of find no who had made the charges in connection with Beau being also a member of the examined by senator Mcdougald enumerated the positions he held in connection with Beau Harnois and the dates of his appoint he had been elected chair Man on 1928 he was on the management of the preferred share a director of Beauharnois Light heat and a director of Beauharnois construction of Beauharnois land and of Beauli Arnois transportation com All these were subsidiaries of the Parent and he still held Wonju fish Wilante 2 years Ltd Sargent at Sherbrook Best in times sudden attacks of indigestion Wou lil just about put me of i had a Constan sleep Good an would get could Harlly staid on my but All Tak some up feeling so dizzy of this is changed now ing Sargon and Sargon Elj stomach be in Peim free of Constina since better Tion and backaches sleep Fin every night and get up feeling i take anything on Earth of what this wonderful treatment did for Sargon May be obtained in Winnipeg fro i Eaton Drui depart me it Roberts drug stores and Lead it Community drug stores gardeners add to the attractiveness of your Home and Garden by using Garden stakes that improve its round and smooth 2 fir Broom handles 4 feet Long make Ideal Garden paint them to har Monize with your especially valuable during the Blooming season of dahlias and Price five cents each phone 26 356 office 5th Bank of Hamilton Yard Henry Avenue East who told you that i would not like to i Felt i it was altogether he had at that n Cash and class a shares or is original investment of 00 this included his share of the Sile of the Sterling 000 in Cash and shares Given no directions averting Hack for a moment senator Mcdougald told or White to had Given no directions to or Henry on the Choice of lawyers of the Sterling he could no Larch did you have any Previ us transactions with John or sked i did but i cant say if the Ank advances made to Aird Wero on March made in the orm of demand loan and time How much was deposited in the to transactions on june 15 by Way f collateral witness replied that prov nce 6f Saskatchewan and hydroelectric Power commission Bonds had been so on the evening of june he had deposited Security against advances of that his collateral was thus in excess of had you made any advances to Ald before july 14 another tender Cheque for the discuss appointment some discussion arose As to Mcdougals appointment to the and tha time finally settled a Date on which he was he was not sworn until the follow ing he had been a member of the National advisory committee of the Lawrence waterway until the expiration of that White read the ordering Council naming the senator to that body and the purposes for which it at that time he was chairman of the Montreal Harbor a Posi Tion he occupied with an intermission in 1926 of several from 1922 to after the elec Tion of 1926 he re accepted the Posi Tion at the request of the shipping interests in and served without the principle being since he was then a or about to be sworn in As could not accept two salaries from the he had done so be cause thought he might be of some use to the country in that x take said that you did so out of a sense of your responsibility to the considered Waterways problem my Conception of the having regard to everything with regard to the Trade and com Merce of the is that the chairman should study All move ments in and out of Bear ing in mind that a tremendous percentage of Canadian Trade passes through that the problem of the waterway had also to be con and naturally involving a study of the Lawrence waterway prob Ems suggested m what was no obligation on july Are you speaking of John or his associated companies his own Advance was that of the Champlain construction and the James in All a it a usual thing to have col lateral deposits in excess of the Loans asked Stewart Conser assistant manager securities Canadian Bank of then took the on july 14 he Ald deposited in Victory loan Bonds with the Bank turning to the he said the current account of Ald was Flat and the saving account showed a balance of an overdraft of was created in aids account on 1929 said on the following Day in 1937 Dominion of Canada Bonds was lodged with the received Bonds on 6 the Bank received a shipment of in Bonds of Aird from with the exception of they were with drawn the same the Serla numbers of these it was said corresponded with the Bonds secured by Ald from another Maclennan accountant Bank of to said on july 14 Aird had on Deposit As collateral for advances in Dominion of Canada 193 replying to or Maclennan said the Ald account before july 14 showed advances o and be curly of about tha he had not asked of increased Security it had voluntarily from when the last of the Toronto Bankers had Given his Bon Ian Mackenzie said he was Dos salts fled with the total facts before the relative to the i would he you were specially Houriet for Canada would have resulted n the loss of some Money for Sena Tor excl Abmd but not Canada countered the when the chairman pointed out the Sale of the Sterling company to Beato Arnota for a nuisance meant paying dividends Ion in Wii of senator agreed wl5ad1 Jet received in cab n addition asked that a Correct replied j senator then qualified to act on this not so much that As that the Harbor staff the senator had considered the matters relevant to the waterway controversy and the question As to whether the deepening of the Chan Nel would adversely affect Montreal Trade by diverting shipping upriver to the great without trans shipment at that was not the opinion of his predecessors nor of the the port authority was in a much better position to and in accepting the he had that in and having a High regard for the advantageous position in which you found said i equally you considered you must be careful in exercising your definitely replied the financed Henry turning to senator Mcdougals association with the Sterling indus1 trial White asked if he financed Henry in his investigation of the Power ties of the Soulanges area of the Cheque or ebln5 senator me Dougald had further transactions in Beauharnois he a Creti Cal situation had Arisen and p Jones had offered either to Huy our Sweezey or sell his own holdings or Sweezey had asked said the if he would ing out and he after option ing a Block of Par interests in the Senate Mcdougald giving Cheque for thu Block o shares was transferred to the Mont real Trust he received n subsequent said the when the contract with the Hyde electric Power commission of on Tarlo was it increased mater Telly the Price of the the did no believe the Price paid by Sweezey t Jones was a fair Market Price at tha time Only when the Hydro contract was was the project mad owned by a counsel of said senator me at that the Senate believed the project was an absolute Gamble and he had refused t Purchase this after the re sort of the National advisory boar made in overture again were that he senator Mcdougald Purchase these Sifton came to see him in Montreal during and told the senator that those 800 Orl anal part interests which later be came were to be allocated to he was anxious that sen Ator Mcdougald take the Deal had to be closed quickly or go to somebody if no one did so Sifton would take them himself in another Sifton had said he would take them or Mcdougald recalled the event by associating it with his trip that year to on his return from he came to and while Here Sifton him two newspaper articles in the to Ronto Globe and the Toronto mall and these Sifton construed As a reflection on his father sir Clifford on Thomas and on senator Mcdougald he pointed out to the senator that As a member of the upper House it was his duty to make to statement in refutation of the a since it would set Back the development of the Lawrence waterway for several he had no interest in Beauharnois at that nor in the Beauharnois heat and or the Sterling the Date of the Sterl ing Sale to Beau Arnou Syndicate was july when had you lost interest in Sterling asked from the Day Henry told me that the application to the depart ment of Public works had been re or about that data that the Ion had been refused and you lost i interest in it yes Whan did your interest revive the latter part of the summer of Henry had touch with financial people in new and indicated that there were great possibilities from that he they were ready to begin any kind of a Power i said thought he should go i was then in with took Over interests it was in the Middle of that he took Over the interests from and for which he paid too about three months after Henry came to him about Sterling All the engineering reports regarding the Lawrence Waterways were in it was at that time Henry volunteered the information he had seen the Reed right Here i May say i always had the idea that Henry was very valuable said the your attitude with Henry a seested the chairman Don t do anything with Sterling until we see whats going to happen to the do not you were open to go in with Henry and pursue didst Henry to associate himself with any other con Cern that might hold up Beauharnois if that project was the right one i knew he had to be reckoned with and i was delaying any action until due consideration had been Given to Henry would have to be reckoned with in View of the prior application answering a question or town witness said he had never used his position As a senator to in and Tion before a conclusion unable to make policy on peace River known yet Canadian Tom july it la not at present possible to Tell i when a policy regarding a propose peace River outlet will be Al j minister of railways and said in the House of commons replying questions from Kennedy the minister said there Sale Flat top Caks piles All gone without Cut Olaf protruding Biles it and dont come if you the Bart blood circular to the motor Showal veins causes l b mailing the affected parts in Hemr b9berta Drut stores say on bottle of of Vhoid tablets must end your pile misery or Money Fuen Ayone before he entered Fuen the Beauharnois Syndicate he had taken Legal advice and had been informed there was nothing in that was quite Justl he senator Mcdougald had enough to pay for interests that were Given him they were Worth nothing at one time but were Only a it want a interjected the it was a i say it was a persisted the it had no value until contracts were signed by the Hydro electric commission and by the Mon Treal heat and Power it had no value up to that committee counsel Drew attention to the prominence of the witness As to the fact the govern ment then in Power was the one that had appointed him to tha might it not be or White that senator Mcdougald had sold his influence with the government Drew attention to the liability of that construction being placed on he never used influence senator Mcdougald i Eay definitely Here and now i never used any influence with anyone at Ottawa to get the asked anybody to do anything that could not be done on its White May i infer that you considered the government was Justi that was made on july 1834 he i assume Henry advised you fixtures for Sale ladies ready Tower fixtures will sell Complete or toy the consisting of Light and Wall dress and coat Cash Reg ister do can seen 9 to 6 Scotts ladies 427 Portage Lead pipe fish net sinkers All Lead products the Canada Metal Winnipeg factory Ronto Centre and Dirjung table ice electric floor table l1 3burae electric Rai As Beds i Quantity of Oiler at my auction pm Spoti i july ii at s at Hibst Balutel phone 25 833 if you require any Torl moving let us on u Pool cars to Cut Iii by acct ios Sale of household furniture and Domestic effects Walnut hair Chester told 9piect Oik i electric Washer and Bonn Trie of Shaws sales Canada Donald july 21 at 2 included 2plece taws try Chaitar Biu Ponola Cabinet top office swivel Offutt chair Large Rogers screen Guild Caraulia like now 2 Blue Chesterfield Chain b mohair Tablet baby electric Kuboi Hall tone ten of electric rum Coal Beautiful 9piece a try Oak Dan legroom suite extra chalet Oak Gate leg parlor Oak i Choice parlor Kitchen Quantity of Obei Tim too numerous to for sales with service and it Lacthi Kilshaw the Fhone s8 by Mcleah a action Sale 75 to 90 horses july 2 one car farm chunks and general purpose horses from other car from also Hal car Halter broken horses and 25 to i others sent in by various mcleans Sale stables Arlington and Alexann fled in Council approving the ordering senator Mcdougald i or White therefore you would be justified in asking some one to Oass the order Council senator Mcdougald i never tried to influence any minister or the prime minister Kenzie King in connection with the Beauharnois or Lennox would Beauharnois shares have had any value without the orderly Council senator Mcdougald White suggested the nuisance value of the Sterling Syndicate would have been nothing at All if the governments authorization had not been the witness agreed that was he said he could conceive of any government refusing application of would it not have been in the Best interests of Canada if you had withdrawn the application of the great lakes special rom Winnipeg Friday Low summer fares Good Vii Lake route full from City ticket main 847 or Lakott on your we joyous Shl Bowd life it Tom Coan body ill votes lob Ollow weekend fares to All Points in Canada Sterling company asked on that would not have affected Canawan that was replied when the or Henry care to to finance him up to in his that company was incorporated on july did you pay the Legal fees involved asked i gave Henry carte Blanche in replied senator my after securing the Permis Sion of the chairman to continue this part of his evidence without further questioning from i knew j some company was being inc torpor he he suggested some company would be necessary before an application to the depart ment of Public works i i said i had a the Superior sales but Henry said it was not Broad enough to take care of everything he that was months before i became a member of the National advisory i told Henry i would finance him up to and if he wanted a charter to go ahead and secure and i suppose you resigned irom the Board when the charter was granted i did you were appointed to inter National Board on May and a charter for the Sterling company was an application made for Power on july is that Correct asked no knowledge of application had no knowledge or the apply be taken to go into these Bonds i had no knowledge or the a nil Mort either through being snads or rejected until i Arabela cigars by far the g the Cost for a minute and say Arabela to your tobacconist youll be surprised the extra Quality for five cents individually wrapped to bring you the full flavour and fresh goodness when you smoke them try the pocket pack of five j ;