The following amendment stands in my name:—
"Section 8. Before sub-section (5) to insert a new sub-section as follows:—
"(5) (a). The foregoing provisions of this section shall not apply to the compensation (if any) to be paid to the Grand Canal Company in respect of permanent injury to the navigation of the River Barrow and the Canals connected therewith by the execution of the said works.
"(b). On the expiration of five years after the works to be executed under the scheme shall have been completed, the Grand Canal Company may require that the questions whether any permanent injury has been occasioned to the said navigation by the execution of the said works and whether any permanent benefit has been occasioned to the said navigation by the execution of the said works shall be referred to the arbitration of a competent engineer appointed by the Minister for Industry and Commerce, and such engineer shall also determine whether any and, if any, how much compensation is payable to the Grand Canal Company in respect of such permanent injury (if any) after taking into consideration such permanent benefit (if any). The costs of both parties of such arbitration shall be in the discretion of the said arbitrator."
The House will recollect that the object I had in putting down this amendment in Committee was to give the Canal Company five years after the completion of the work, for the purpose of ascertaining exactly what damage had been done to their navigation. If the term ran for five years from the draft award they might not discover in the meantime what damage had been done, because the real damage they feared was the damage from an extremely wet year. I proposed that the arbitration should not take place for five years after the completion of the work. On the Committee Stage the Minister raised the objection that there were financial difficulties in the way which would practically make that impossible. I have discussed the matter with the Minister since, and I am satisfied that the objection is a sound one. I am also relieved to know that the work will not be finished for something like 2 or 3 years. In the meantime a good deal of the damage—perhaps all if there happens to be a wet year—that the Canal Company will suffer in that time will have been done. It is not practicable to carry this amendment, and I do not move it.