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Tuesday, 31 August 1920

Mr FRANCIS (HENTY, VICTORIA) asked the AttorneyGeneral, upon notice -

1.   Has the Commonwealth Government any control over company promoters?

2.   If so. has it investigated the recent prospectus of anoil and cake mills in which it is stated -

(a)   that a conservative estimate of the net profitof treating 1 ton of linseed is £20;

(b)   that the estimated cost of crushing is 10s. per ton?

3.   Will the Government take the necessary steps to protect the investing public by calling upon promoters of companies to substantiate their figures?

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