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asked the President of the Board of Trade what representations, if any, he is making to the Canadian Government in regard to the Bank Act of Canada, and especially the alleged inequitable operation of Clauses 88 and 89 whereby preference is said to be granted to Canadian banks and facilities created for fraudulent practices on the part of importers: and whether he is considering the specific proposals made on this matter by the Canadian Chamber of Commerce in London?
I think the point to which my hon. Friend refers is the preference accorded to Canadian banks. That is, I believe, part of the existing law, and while I know that objection has been taken to that law, my right hon. Friend, I understand, has not received any direct representation.