Ontario Community Newspapers

Ontario Scrapbook Hansard, 8 Apr 1924, p. 1

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. Aest4! vesday, Apol s > $42,000 Chequed Out hy | » , Home Bank's General Man-- i ager in September, 1919 | } & » PAYMENT IN "LEGALS" 1 euemmemrag snn mare mmees ues _ Hon. Manning Doherty called at-- \tention at Public Accounts Commit-- | tee last night to a $40.000--0dd4 re--| payment on an Ontario loan transac-- tion in September of 1919, which would be under the Hearst Govern--| ment and during the regime of Hon.| T. W. McGarry as Provincial Treas--; urer. He stated rather vehemently that here, at any rate, was a pay--| ment that Hon. Peter Smith did not; get. The subject is one previously| dealt with by Auditor G. T. Clark--| son when giving evidence last wz--rk.l In Previous Government's Time. Mr. Doherty called the commit--| tee's attention to payments previous--| ly referred to by Auditor Clarkson, obvicously made in the Hearst Gov--| ernment's time. In September nf: 1919, he said, there was $40,000--0dd | paid. ' Mr. Price--That would be in sus-- pense account. : Mr. Doherty--It was stated that | there was $42,000 paid in Septem-! ber by way of a rebate on Province of Ontario bonds. --«It was charged | to suspense. | Mr. Ross--It was merely a transfer | of entries from one department of | the bank to the other. That would | not necessarily be a rebate on the bomds, | Mr. Doherty--There was $40,000 | paid in September, two months be-- | fore this Government came in. Now | that cheque did not go to l"et:rl Smith, at any rate. | Mr. Price--That was not rebate' [at all. | Checked Out in Legals. | Mr. Doherty--He said it was an{ understanding that was had with the| bank--that anything they had over' ' one--quarter of 1 per cent. That $42,-- 000, he stated, went to the General' Manager of the Home Bank, and the, General Manager then chequed it out in legals. That was away back in September. Now, com-- |ing _ along there is a -- cheque for $15,000. On the stub is put the name of Mr. Smith. You are not prepared to swear, or are you, that the cheque that was issued was m%de out exactly the same as this stub? Mr. Ross--I cannot say that, be-- cause I didn't make out this cheg:le- Q.--You are not prepared to sWeat that a $15,000 cheque ever \',"*n through foar Mr Umith 9 . A ._--_--NA

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