The speech from the throne speaks about maintaining peace - peace today, when Canadian nickel is being indirectly shipped to Ethiopia. Peace today, when Italian aeroplanes are being flown with British oil! Peace! Mr. Speaker, if this be peace it must be like the peace of the Lord - it passeth all understanding.

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What is this free enterprise system? It is the law of the jungle applied to economics. It is the law of every man for himself, as the elephant said when he was dancing among the chickens. That is not a bad philosophy if, like the hon. member for York - Sunbury, you happen to be in the elephant class, but it is likely to be depressing if you are a farmer or worker, and belong in the chicken group. Free enterprise means unrestricted competition; the race to the swift and the battle to the strong; nature red in tooth and claw.

I suggest that the hon. gentleman may be a good corporation lawyer, but he is slipping badly in his history. The capitalist system did not produce the machine age; the machine age produced the capitalist system. The material prosperity that the world has enjoyed for the last seventy-five years or one hundred years has been due to the introduction of power; steam power, then electric power and the internal combustion engine. The capitalist system or the free enterprise system - the terms are synonymous and interchangeable - was the product of the power age. The capitalist system did not produce the power age.

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