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Thursday, 20 May 1920

Sir JOSEPH COOK (PARRAMATTA, NEW SOUTH WALES) (Minister for the Navy) (3:28 AM) . - The honorable member for Franklin (Mr. McWilliams) has not put the matter fairly. I would remind him that we have something like £100,000,000 of credits in London.

Mr McWilliams - To whom does the honorable member refer as "we" - the wool-growers ?

Sir JOSEPH COOK (PARRAMATTA, NEW SOUTH WALES) (Minister for the Navy) - I am speaking of Australia at the present time. We have upwards of £100,000,000 of credits in London, and it cannot be said that we are begging for anything when we try to arrange that a credit shall be set off against a debit. I have yet to learn that that is going cap in hand to any one, and I protest against such unfair statements. I wish I could tell the honorable member precisely what the situation is. I hope it may clear up, but no good purpose is served by making exaggerated statements which are unfair to the Commonwealth, and not calculated to help us.

Question resolved in the affirmative.

Bill read a second time and, the Standing Orders having been suspended, passed through its remaining stages without amendment.

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