.. ~ Wednesday,_April 19, 1967

all, the members present in the Chamber at this time realize this has not been the case in the past. It is true they have not faulted in their agreements not having to begin payments on principal and interest until April of 1968. However. how ong should a vernment continue to pay the payroll when an industry such as this is set up an paid for by the people With very little equity at all put in by the share- holders. We, on this side of the House, realize the importance of this industry in this area; we also realize that the views expressed by one honourable member from the 0p sition side of the House is the view of the Conservative Opposition Party, the est- ablyhing of a Royal Commission to inquire into the causes of the problems, the extent of the investments, and the use of that investment with the proper step to take. Mr. Speaker, the government had no choice but to follow the stron advice of the experts and auditors who studied the plant’s operation and who told t e government bluntly that temporary financial infusion would not solve the more serious problems facing the company. It is my opinion that as responsible elected representatives of the people, that this situation should not develop into a political hassel. Every effort should be put forth by the government to get this plant operating, as soon as pos~ sfiile, on a sound financial basis.

Thank you very much, Mr. Speaker, for taking so much time of the House. (Applause) J. Russell Driseoll (Third Queens)

Mr. Speaker, it is with a great deal of humility that I rise to speak on the Draft Address in this fine old historic Assembly, and particularly when you come after an orator such as we have just heard.

It is a privilege and an honour for me once again to represent the Third Dis- trict of Queens one of the finest districts, I consider, in Prince Edward Island. (Ap- plause) I would like to join the others in ex ressing to you, Sir, my warm congratul- ations on your elevation to the sition of aker of this House. We realize that you have a very difficult task. here are times when it is difficult, possibly, to know just where to take direction from, and I am sincerely sorry, Sir, that the Government of the day is making your task so difficult. I trust after this they may ease up and make your task much easier.

I would like also to congratulate the Mover and Seconder of the S h from the Throne. They excelled themselves in a manner which was expected 0 them, and that, of course, goes for all the new members that were'elected to this House. I am sure that they will add considerably to the business of this House. ' ‘

I would like to extend warm congratulations to the Premier on his election as Premier of this Province I am sorry he is not inthe House. We realize that he has a very difficult task and I am sure that when he took over the government of this province he realized that had two ve big ‘problems. First, Mr. Speaker, that,he must surround himself with men of a ca ibre in.his Cabinet, men that could decide what was right and what was wrong, and that would not be deterred from the “right" just to satisfy voters. Secondly, he is expected to run this province with competence and ef- ficiency. I am wondering, Mr. Speaker, if he is aspconfident today as he was before May 30th, and if he is able to carry out all the romises which he made at that time. It is not my intention, Mr. Speaker, to take up e time of thisHouse to speak on the Speech from the Throne. Because I feel that never in the history of this province, certainly since I have been a member, have I seen a Speech from the Throne that contained so much “gobblygoo.” (Laughter). Certainly his “ghost-writers” have a great command of the English language, and I would suggest to him that he analyze his speech next year, if he is still here, and shorten it up for those of us who have to read it and really bring us something worthwhile.

I am deeply concerned, Mr. Speaker, with the industrial situation in this prov- ince at the moment. Every province in Candaa has been endeavouring to increase industrial development. All we have to do is look at the Province of Nova Scotia and see what they are doing. About seventy-five million of the taxpayers money, if you want it that way, has been invested in industry. It is an example of what can be done with encoura ment by a government. Manitoba invests one hundred million dollars a year, Mr. peaker, in industry in that province, and for twen years when this Government was in power they invested only $500,000.00 in a litte plant outside of

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