Tuesday, April 18, HOT farmers to stay on the farm. I neglected, Mr. Speaker , to ask any Member who wishes to answer this question. I should have asked it the other day, Mr. Speaker , but I will aakWnow on a point of privilege. What are the repayments on the loans to young fanners, including the interest payment? When they get a loan, what are the repay¬ ment!? What do they have to pay per year? Honourable Daniel J. MaeDonald : Mr. Speaker , the first year is interest free as yet, and there is no principle the first year, and the following years the loans are graduated depending on the size of the loan. Preston D. MacLure : Mr. Speaker , in answer to this, I would like to say that I do not think this is giving the young farmer a chance on the loan because he has to put up 15%, I think it is, before he can get a loan. Very often he has to borrow this 16?fr and this is generally a short term loan, I think. Honourable Daniel J. MaeDonald : It is for twenty years. Preston D. MacLure : The loan is twenty years, yes. But if he has to borrow 16%, this is generally a short term loan that he has to borrow in the first puce. I think we should put forward that it be interest free for the first three years at the very least, and then after three years start his payments and then he will be in a position to start this. Getting set up in farming is very expensive these days and prob¬ ably getting a help mate at the same time which comes very expensive too! But I think we should have a little more consideration for those young farmers to keep them on the land. I think this is what has happened in a great many instances; that they find they cannot start to pay after the first year being as they have to pay back the first short term loan that they received. I got off the track there a little, if you will excuse me, Mr. Speaker . Next "A Royal Commission to investigate and make recommendations." Mr. Speaker , I have no fault to find with the Members of the Royal Commission, but Mr. Speaker , Royal Com ¬ missions can be very costly. Just as in the Royal Commissions . Bilingualism has cost the Canadian tax-payers, to date, seven million dollars. The Royal Commission on Bilinjrualism has claimed it has cost the Canadian tax-payers seven million dollars. So we must be very careful of Royal Commissions . "You will be asked to approve the expenditure of substantial sums of money to meet the needs of these industries." Now, Mr. Speaker , if we have to put more money to help out industries that are in Prince Edward Island , or bring new industries to this Province, I think everyone will be in agreement with this. I do not think that the tax-payer will complain if we have work¬ ed for our people. I do not think they will complain for putting more money into in¬ dustry if we have the employment for the people of the Island to keep them from going somewhere else and probably only looks brighter and fair off worse. Mr. Speaker , when the Government is working confidently with the Industrial Enter¬ prises Incorporated, and other agencies, in the promotion of, and negotiations for new industry, now, Mr. Speaker , I hope that they will keep on working, and work harder; pot • little more effort into it to see that we get new industries for Prince Edward Island and more new industries. I think last fall, if I am right, Mr. Speaker , that the Leader of the Government stood in his seat here. During that two days of the Special Session and said, "a cement plant would be built in Borden." I would like to ask, Mr. Speaker , if this cement plantis in operation. Honourable Alexander B. Campbell : It is being built now, Sir. Preston D. MacLure: It is being built, thank you kindly, I never heard tell of it since. Improvement in the roads, Mr. Speaker , I think the Minister of Highways will have a great task ahead of him this spring to improve our roads because of the bad condition of the secondary roads at this time. It does not say anything here about secondary roads, but I take it that he will be improving secondary roads as well as the Trans- and an all weather road in Kings County, Prince and Kings Counties. We will appreciate it very much when we get a complete all-weather road from Cherry Valley to Montague. "Transportation Report now under study by the Government" Now we have a transportation man here this morning on the Committee and ha gave us a very informative talk on transportation. It is costing quite a bit for transportation into this Province, Mr. Speaker , and it is going to cost quite a bit more in the years to come. We hope that the Government will make every effort to keep this cost to a minimum where possible. —193—